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welcome to squawk on the street. i m carl quintanilla, david faber, jim cramer at the new york stock exchange. get to wells in a moment. premarket weak on the back of disappointing chinese trade data, renewing concerns about global growth. europe down more than 1%. yields here falling back to 1.75. and oil still fighting it out just above 50. john stumpf said departure comes amid that scandal that s engulfed wells fargo. tim sloan is now the new ceo. sanger will be nonexecutive chairman. jim, happened suddenly, tensely worded press release. your thoughts after seeing that tape. well, first, when i asked stumpf whether he would resign, that was regarded at that moment as a radical question. almost idiotic. people said what are you kidding me? jumping to conclusion. and i just felt that the way went through the crisis the crisis is a very simple lesson. you lose your job whether you know about what happened underneath or you don t. now, you can say jamie dimon didn t ....
disabilities. later, the annual state opening of the british parliament including the queen s throne speech. at the white house today, the president honored 17 americans for achievements in science and technology. recipients received awards for ground breaking research and invo nation in genetics, manufacturing technology. this is a half hour. ladies and gentlemen, the president of the united states. thank you so much. thank you. thank you, everybody. please have a seat. welcome to the white house. today, i have the privilege to present our nation s highest honor for scientific and tech know logical achievement. the national medals of science and the national medals of technology and innovation. the amount of brain power in this room right now is astonishing. [ laughter ] but, when you talk to these brilliant men and women, it s clear the honor has not yet gone to their heads. they still put their lab coats, one arm at a time. joining us to celebrate these ac ....
man,gled, that every everywoman he meant everyone that regardless of their station in life, regardless of whether or not you agree with him, is entitled to be treated with dignity and respect. that the used to say greatest sin of all was the whether power, economic, political, psychological, or physical. i wrote theason why violence against women legislation. he abhorred the notion of the abuse of power. totally consistent with what his holiness talks about now in our roman catholic faith has taught us for over 2000 years. as taught by my family and my faith, that a good life, at its core, this is why i truly like john, is about the personable. it is all getting down to being personable. being engaged. i was taught by my family and my faith to look beyond the caricature of a person, resist the temptation, when you disagree, to ascribe a negative motive. because when you do that, number one, you do not truly know what that person s motive is. and number two, and make ....
always had a justification for removing anyone that doesn t relate to our values. what we have found problematic is we have two values. twitch is a platform for the creator. it is creator first. when there is a tension between the viewer and broadcaster, we go for the broadcaster because there needs to be a home online for them to have control and run their own editorial policy. we give them powerful tools to manage their community. that works great as long as you re dealing with broadcasters who all have excellent taste and the problem that arises is we want good behavior over the whole site. we want to give broadcasters power. they don t control the community well enough and you a lot about and you get a lot of bad action as a result of that. we have been spending a lot of time on this problem. but it is hard because the last thing we want to do to a creator is tell them that we know better than you how to run your community. that makes the problem much harder than ....
against him as the democratic nominee for president of the united states and if i do, we are going to beat him and beat him bad. sandra: severe thunderstorms and tornadoes slamming the plain states. we will take you there straight ahead. one way millions of americans celebrate the start of summer, going to an air show, we will take you to one later this morning and look at how local economies get a boost from these air shows. summer movie season kicking off this weekend as well and we have a sneak peak at one of the hottest movie, independence day resurgence. those will be out later today. in europe we are watching gains and losses, for the most part trading higher with ftse in london up 2 points, mall fractions across the board there. here at home we are looking at futures for the most part trending higher, the leader there the tech heavy nasdaq up two tenths of 1%. here with me fox business network dagen mcdowell, jack otter and national review reporter katherine, wel ....