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The committee will come to order. The gentleman from texas, mr. Green, who is also the chair for subcommittee and oversight for investigations is recognized for five minutes. Thank you, madam chair. Madam chair, as a practitioner, i once represented a recipient of welfare who was charged with a crime because she made more money at a job and received some benefits from the federal government. She had to be prosecuted. A crime was alleged. If this bank, where its mu was smaller, had maybe ten employees, had engaged in this type of activity, opening fraudulent accounts, creating fraudulent credit cards, someone would be prosecuted. A small bank would have had prosecutions take place within the ranks of the person within the bank. Evidence shows that small banks have had persons prosecuted. But wells fargo created 1. 5 million fraudulent accounts. Wells fargo had over 500,000 credit cards created, fraudulently. Is it the case that if you become so big and you create such a grand scheme, th ....
Moment and the nasdaq is up another 76 our road map this morning starts with the stocks surge all time highs. It is longest winning streak big techs, big problem why the new head of instagram think breaking up facebook would make it a less safe space. Share of beyond meat taking a dive after a downgrade the top is in only after 600 rally. Someone else i know has been talking a lot about beyond meat which well get to a minute. This is a beyond incredible rally. The dow is up 1300 points in like six days. Scott, great to see you first of all people came in your show describes it all the time. People came in short this month. Why . Because may is so bad. Why would they . The president goes off the real with mexican tariffs. Things are just too out of control. They just have this whole washington, it is just nasty today how does things reverse itself the risks are in we get a piece out i dont know if you saw a 50 increase break up google. 50 increase if it breaks up what can i say apple is ....
Questions are good a lot going on all right the markets are crazy, becky what was that, 350 on friday, when it was all said and done. And strongly higher again this morning. Almost 200 and also well, well take a quick look heres a check on the markets u. S. Equity futures at this hour are, as you can see, 193 points indicated on the dow the nasdaq up another 25 the nasdaq shb dhad been diverg last week. Thats a big move that we saw, continuing buying, going on, across the board in this country. And actually in asia and europe, overnight, some strong Market Action and some interesting news in the tenyear note as well. But as you can see, the nikkei was one more than 1 point 260 points hang seng up sharply as well check out europe, green across the board, in europe, when i watched, at least looked this morning. Not the gains that were seeing here or in asia. But well see what happens this week as we move forward. Its only 6 01 and tr ....
And we were depressed because we were hoping for the classic ending, the come from behind by the way, it looked like the long bomb in the hands of gronk. Had it happened. The twopoint conversion never happened hold on, an end of an era, do you think the moment is past now . I do actually, ill tell you why, you know, the team was actually struggling the whole season you know, pulling stuff off in final moments of every game. Really it happened that way. The defense was weak throughout the entire i agree with that it looked i dont want to be a naysayer, but i think its going to have to be a structural change if that team is going to have to stay in Super Bowl Contention next year most of us want to see the coronation of brady agency the greatest ever. And belichick, the greatest ever we needed that win last night. So coach wonderful, whats your structural change id keep brady. Obviously, they have to keep brady. It was a mone ....
Good day, everybody. Welcome to power lunch. Im tyler mathisen. Glad you could join us another daily and more records for the equity markets. The dow, s p, russell, nasdaq, you name it theyre reaching historic highs. The emerging markets rallying two, the etf that tracks them, on pace for its best day since september 11th. The airline pushing the dow transports to new highs as well jet blew, delta, united leading the way there. Lennar up about 3 . The home builder beating earn ares estimates. Now making a bit of a come back as you see theyre up 1. 2 . The electric car maker missing those model three goals more on this ahead. Im melissa lee. The National Retail federation expecting holiday sales to increase between 3. 5 and 4 this year. The u. S. Ordering 15 Cuban Embassy officials to leave. This comes after sonic attacks against american diplomats in cuba. Three nobel prices ....