Kudlow, im david asman for in for larry kudlow. Mitch mcconnell stunned washington by saying he is stepping down from his leadership post in november. Serving kentucky and the senate has been the honor of my life. To lead my republican colleagues has been the highest privilege. Its time for the next generation of leadership. David the eightterm senator will continue to serve on capitol hill through september 27 as a senator but who will take over as leader of republicans in the senate . Well be asking senators eric schmitt and ted cruz straight ahead. Meanwhile President Biden delivering remarks from the white house on his actions to fight crime and make communities safer across the u. S. But guess what he failed to mention . The horrendous uptick in crime by illegal migrants. Our very own chad pergram and Edward Lawrence standing by with details on these stories. First up, fox news senior Congressional Correspondent chad pergram live on capitol hill on Mitch Mcconnell stepping down as
Mitch mcconnell stuns everyone by announcing hes stepping down from the leadership post in november. Listen. Its been the honor of my life, to lead my republican colleagues has been a privilege. Its time the next generation o leadership. And the eight term senator l continue to serve on capitolnd hill through september 27 as a senator, but who will take over as leader of republicans in the7 senate. Were going to s batore asking senators eric schmitt and ted cruz straight ahead. President biden delivering remarks from thestra white housn actions to fight crime and make communities safer across the u. S. Guess what hn, te failed to men . The horrendous uptick of crime by illegal migrants. First up, fox news senior t congressionao l correspondent cd pergram live from capitol hill had on Mitch Mcconnell stepping down as leader. Interesting day, chad. Absolutely. Mitch mcconnell is the longest serving Senate Leader from either party, from the majority and minority. He became leader in 2007.
And to our 330 Starbucks College Achievement graduates, so proud of you. Those who have benefited from the starbucks and asu partnership. Im incredibly proud to be your partner, congratulations to all of you. [applause] i would like to begin my time with you today by sharing a personal story. Last year, Starbucks Coffee Company Opened our first store in south africa in johannesburg. , i had never been to south africa before. I did not know what to expect. Certainly could not be prepared for the level of poverty and what i saw in the townships throughout the city. We opened 2 stores and lines were out the door in anticipation of starbucks coming to the market. Before we opened the stores i , gathered the 50 young people who would grace the green apron and represent the company. I sat with them for a few hours and wanted to hear each one of , their personal stories. As they were sharing their stories with me, despite their poverty, their plight in life, there was so much joy and gratitud
And to our 330 Starbucks College Achievement graduates, so proud of you. Those who have benefited from the starbucks and asu partnership. Im incredibly proud to be your partner, congratulations to all of you. [applause] i would like to begin my time with you today by sharing a personal story. Last year, Starbucks Coffee Company Opened our first store in south africa in johannesburg. , i had never been to south africa before. I did not know what to expect. Certainly could not be prepared for the level of poverty and what i saw in the townships throughout the city. We opened 2 stores and lines were out the door in anticipation of starbucks coming to the market. Before we opened the stores i , gathered the 50 young people who would grace the green apron and represent the company. I sat with them for a few hours and wanted to hear each one of , their personal stories. As they were sharing their stories with me, despite their poverty, their plight in life, there was so much joy and gratitud
Im Francine Lacqua in london. To our u. S. Viewers, happy thanksgiving. We still have a very packed show. In currencies, the dollar extending gains at its highest level in more than a decade as the stronger case for a fed rate hike ways on bonds, gold, and emergingmarket assets. U. S. Markets are closed for thanksgiving. We will keep you uptodate with the other market moves. The ecb has published its Financial Stability review. It goes through a little bit of what weve seen on the markets. They are looking at stability, saying the euro area banks have significant vulnerability. Ecb also saying there are sovereign debt concerns and they may return on Political Uncertainty. The ecb mentioning political instability and policy changes as increasing risk. They look at the things surveillance has also looked at. Monte dei paschi is meeting in siena. For more on the banks, we speak to the ecb Vice President , vitor constancio, in just over an hour. A meeting is underway at monte dei paschi. W