. >> coming up, cftc chair rostin will be coming up. on your favorite pcaodst app and listen any time. we're coming right back. daughter: hey, dad. dad: hey, sweetheart. daughter: what are you doing? dad: i'm gonna clean the fence. daughter: it's a lot of fence. dad: you wanna help me? dad: aim at the wall, but get closer. daughter: (gasps) what the?! daughter: alright. dad: side to side. when you work with someone who knows a lot and cares even more... you can do this. ...you're unstoppable. (♪♪) wow... are you kidding me? you can do this. at truist, we believe the same is true for banking. bill that still needs to make its way through the senate. for more on the current regulatory environment and markets on crypto, we want to bring in the trading commission chairman rostin behnam. great to see you. >> great to see you, too, becky. i want to start with crypto. it's caught so much attention and looks like it will make progress in washington. i thought you'd be happy about this because it hlooks to give more oversight to cftc. this is no

. >> the white house is reportedly close to naming cftc commissioner chris by goldsmith row marrow toead the fdic. external investigation found widespread sexual harassment and other misconduct at the agency under his tenure. he said he would step down after a successor is named by the senate. they have discussed two other women for the post but goldsmith romero is the front-runner and served as a cftc commissioner since 2022 and she was the special inspector general for the treasury department's tarp program during the financial crisis. >> uaw president is under invest investigation. a court filing was yesterday. neilbarofsky. he is now investigating whether feign abused his power as union president and accused union leaders interfering with his access to accident and he did not address any issues in the court filing but said taking our union in a new direction means sometimes you have to rock the boat and upset some people who want to keep the status quo. he is encouraging the monitor to look into any claims made about his leader. >> a weird story. i didn't understand all of the cla

reporting the white house nominate cftc commissioner to head the fdic.-time chairman martin bloomberg christy goldsmith romero served as a commissioner since 2022 and was a special inspector general for the treasury department's program during the financial crisis >>> meantime, president trump set to make his case, top ceos in washington, why he thinks he'd be the better president for business joining us now former ey ceo mark weinberger who attended several of these meeting with presidential candidates. good morning to you. curious how you think the winds have blown inside the world of business today, mark, and how they're thinking about former president trump today and the possibility that he may be president tomorrow >> well, andrew, it's great to see you again. it's been a while. i see you. you don't get to see me as much. yeah it's interesting how much news this has gotten to me. this is obviously you know a standard meeting where both candidates are invited to come in and talk to businesses as a whole. not an opportunity for individual you companie

you want to put that data aside and think about general sentiment, i would urge you to look at the cftc data, which i do not think came out on friday because of the holiday. they have some data on the nasdaq 100. it is a futures contract looking at the nasdaq 100 part of the market. if you look at that on a net notional dollar value basis, where we have been over the last six months is at levels that were a bit above the 2013 and 2015 highs. if you go back over the data, we have seen that sentiment on the mega cap growth trade part of the market very stretched, and more stretched than what we have seen over time. it has not collapsed. we look at it as the fever has come down from 103 to 101 so it could spike backup quickly. i think that is a good barometer for what i am sensing in client meetings. some of the momentum has come off. has a completely collapsed? no. dani: part of the reason people went into this is because you look at bonds that are still negative for the year. base metals up only 3%. you would understand why people going to this trait. once that turned does happens and th

or a commodity, whether or not the sec should be its regulator or it should be another one like the cftcand a decision on that front is going to be expected whenever the sec kind of makes a decision on if we should have ether etfs following the bitcoin etf launch in january. talk to us about the significance of that of that definition. then if they as they as they toy with that and wrestle with that definition for ether, if they come down on the line that this is a this is a security and it falls under the sec, what does that mean for that approval process? and what is going into that debate right now? so if they decide that the ether is a security, it will mean that quite a lot of the crypto industry activities likely will also come under sec purview. and that will mean a lot of regulation, a lot of compliance overhaul from a lot of the industry. we've already seen a lot of action from the sec, and when it's been suing companies like coinbase or kraken in saying this is because we believe these 19 tokens or so they've identified so far, we think they're unregistered securities. they hav