eamon javers is in washington with a look at how the capital is reacting to the market turmoil in this of october. >> reporter: that's right. the president sitting down with "the wall street journal" late yesterday afternoon continuing to heap criticism on the federal reserve amid this market weakness that we're seeing here's what the president said yesterday about jay powell he said that every time we do something great, he raises the interest rates powell almost looks like he's happy raising interest rates the president very critical there of his fed chief, saying that he thought he was going to be a low interest guy. turns out he's not a low interest rate guy. the president very frustrated in that interview i talked to a white hous official a short time ago who reiterated what the president said before, no indication from this white house that the president wants to take any kind of steps to try to remove powell it's not really clear that the president could do that under the law. the white house official i spoke to this morning not weighing in on this debate of whether or not the p

arabia gets ready to explain exactly what happened to a "washington post" journalist at its embassy eamon javers is in washington, d.c. with all the details. eamon? >> reporter: yeah, melissa, that's right president trump is touring some of the hurricane damage in georgia right now. he just stopped at a red cross facility to take some questions from reporters and one of the questions he got about reports that surfaced over the last hour or so that the sasd could be on the verge of explaining what happened to jamal khashoggi, the saudi reporter who has been missing since he went to the saudi consulate. since he went to the saudi consulate and disappeared. the president said he's unaware of what the saudi plans are so those reports are effectively rumors and he's tasked his secretary of state with getting to the bottom of it. here's what he said. >> what i'm really sending him just to find out really firsthand what happened, what they know, what's going on he may go to durkee, he may not. he may meet with them all together and we want to find out what happened, and he's go the instructions to find

back in a moment >>> let's bring in eamon javers as markets react tomnuchin headlines. >> reporter: what'sg about the secretary's statement is what's not in it. you see the tweet saying just met with the president and secretary pompeo and we have decided i will not be participating in the future investment initiative summit in saudi arabia so he is not going so much attention was focused on whether he would or would not go what's not in the statement here is any indication of why he is not going, right the secretary of the treasury not issuing a message to the saudis or explanation for the reason he is not going when of course the entire world knows it is because the saudis are under suspicion for possible murder of jamal khashoggi, "the washington post" columnist. the question is is the administration trying to send a message to the saudis and world or are they trying to avoid a series of what could be embarrassing pictures of secretary of the treasury inside saudi arabia with some top saudi officials at a time when they're under suspicion of an event like this we saw mike pompeo saying h

but back above at 1710 watch that >>> let's send it down to d.c., eamon javers for the latest in termsts from president trump regarding the fed and other things eamon. >> reporter: we'll see the tape in a moment. we are getting flashes from wire reporters in the room with the president now, as you have been reporting, the president says the fed is out of control. he says the fed is far too stringent and making a mistake the president says that the correction yesterday was caused by the federal reserve, and says he is not going to fire fed chair powell, is just disappointed a lot to chew over his reaction. for several days he has been dumping on the fed i talked to him tuesday earlier in the week and he was very critical of the fed at that time he told me then that he hadn't spoken to jay powell at the fed about his concerns we heard larry kudlow on cnbc this morning with you, carl, suggesting that the president is not directing the fed to do anything, he is just voicing concerns trump is reiterating that today in the oval office, suggesting he is not going to fire fed chair jay powell

ambassador nikki haley let's get straight to eamon javers is what we know at the present, eamon. >> cameras we'll get you that tape as soon as we can. we can tell you what's going on inside the oval office is a very friendly encounter, apparently, between the president and nikki haley, the president praising her as a key member of his administration, someone whose counsel he and hopes that nikki haley will come back in a different role saying you can have your pick of roles inside the white house nikki haley apparently leaving on very good terms with the president. we've not seen the president say that about many other figures who have left the administration he has been impressed with her tenure as u.n. ambassador. two weeks ago she ran the u.n. general assembly at which the president featured so prominently. this is somebody who understands the president's foreign policy and understands what america first means in terms of the world stage. and now the president suggesting she might be coming back to the administration in a larger role at some point in the unspecified future that's what we

. >> eamon javers, are you still with us? >> reporter: you are spotlighting it calling for that 5% budget cut from all the cabinet secretaries. the president is in the cabinet meeting now. he says he's going to ask them for what cabinet secretaries never want to be asked for which is 5% less spending next year. that's probably a political response to this idea of the surging deficit, the new number out, $799 billion for fy-2018. that's a big deficit figure and republicans on capitol hill have expressed concern about that we saw mitch mcconnell suggesting he wants to cut federal spending into next year. i think you're going to see this as the beginning of a big push on spending, on the spending side of the ledger here now that the white house is finished with the tax cutting side early in the first term >> certainly something kudlow has flagged would be coming. thank you very much, eamon javers >> reporter: you bet >> important on the heels of those interest rate comments, too. >> the dow is sharply narrowed down to 66 banks a

eamon javers, you said not all resignations have looked like this, and the president took time to take some questions about china trade and other important issues as well. >> that's right, sara, you can take from that this is a president comfortable in the timing the white house scrambling to put this together, no indication in terms of gossip or rumors swirling that this was coming, but clearly the president knew it was coming. he said she told him as much as six months ago she was getting ready to leave also we saw nikki haley there douse something of a speculative boom that occurred in washington in the past year or so, she might run for president herself as early as 2020, possibly a primary challenge to president trump himself. nikki haley saying no, she is not running for president in 2020, and she will be campaigning for president trump. so extinguishing that bit of speculation that she would somehow become a never trumper late in her career nikki haley praising his leadership, praising his family, and not offering any specific reason for her departure here, and the timing of it

welcome back we've got a news on president trump and a new report come out about his finances eamon javersd.c. eamon. >> wilfred, no response from the white house just yet to this report that broke within the hour in "the new york times. "the new york times" doing a very deep dive investigation into president trump's finances, his tax history and the finance and tax history of his father, fred trump this reporting goes back decades, multiple generations. "the new york times" having access to a trove of previously secret documents the times alleging the president received up $413 in today's money from his father's financial empire the president suggested he was more of a self-made billionaire dant in fact receive that much money over the years meanwhile, we are getting a response from the new york state tax department here is what they've said in a statement just out preponderate. saying the tax department is rchg the allegations in "the new york times" article and vigorousrily pursuing all avenues of investigation the white house as i say not commenting but the president's lawyer did provi

let's bring in eamon javers live at the white house eamon? >> reporter: you heard the president there saying, he's going to be asking all of those cabinet secretaries for 5% budget cuts going into next year but not clear exactly what that means for the department of defense. he suggested he might ask for only a $16 billion cut in the department of defense, which would work out to about half of 5%, if i'm doing the math right off the top of my head so it looks like dod might be carved out the other agencies will be asked for that 5% budget cut and he said he might do it again the following year that is probably a response, politically here, to the news that the federal deficit has really jumped this year to $779 billion in fiscal 20018 the president aware of that deficit increase, aware of some nervousness up on capitol hill about the high deficit so signaling today, he's prepared to do something about it next year, melissa. eamon javers on the north lawn, thank you very much. eamon javers reporting >>> well, the president has been going after

what he told cnbc's eamon javers exclusively is next. >>> plus, teens and tech stocks.affray taking the pulse of what teenagers like a look at what stocks could benefit as a result. "power lunch" is back in two >>> when markets get volatile, don't be afraid to admit you that don't know where things are headed when you're uncertain what to do, sitting on the sidelines is not a bad idea sometimes the best trade to kema is no trade at all in other words, don't do something. just sit there ♪ >>> two weeks until the midterms how concerned should we be about election med snlg eamon javers just sat down for an exclusive interview with former nsa director michael rodgers who joins us now with more eamon? >> that's right. michael rodgers is one of the highest-ranking former u.s. intelligence officials out there. the former head of the nsa and also of the u.s. cybercommand we had a wide-ranging conversation just a few minutes ago and i asked him about a number of topics including the saudi explanation for the fate of jamal khashoggi, the saudi journalist here's what he said on th

. >>> let's get to eamon javers with news out of washington. eamon? >> yeah. right.conomic counsel director spoke with reporters here on the white house driveway a few moments ago saying that google's ceo, here last week sundaya sundar at the house, kudlow suggesting that includes facebook, twitter as well as people he said who feel that the companies are not doing a good job presumably what larry kudlow is talking about here, conservatives who are frustrated with what they see as anti-conservative bias in silicon valley the goingogle ceo committing to attend that conference the white house hoping to get others as well no date yet for that conference. also had the opportunity to ask larry kudlow about amazon's decision to raise its minimum wage what he said on that front >> good for them good for -- i'm in favor of higher wages. >> making the right decision >> it's a business decision. a pretty good businessman. higher wages, terrific by the way, more people working and prospering, heard me say this before, is not inflationary a good thing not a bad thing. >> kudlow

eamon javers is at the white house with that angle. eamon, this makes everybody sit up and notice. >> reporter: yeah, absolutely, tyler. you can imagine what's going on throughout the companies and government agencies that are dealing with the fact that they've got these motherboards inside their data centers and they don't know exactly what they've been used for. they're trying to go back and reconstruct exactly what information may have leaked out these back doors and where it may have gone and what damage may have been done as a result of that. there's so much that's going to be unknown here, even though this investigation, as "business week" lays out, has been going on for years inside the intelligence community we just saw mike pence, the vice president, make a speech at the hudson group, a conservative group here in washington, pence putting this sort of chinese hacking as part of a broader constellation of complaints by the u.s. government which has taken an aggressive rhetorical stance against the chinese government, the vice pr

eamon javers has reaction to the selloff from d.c.ay. >> reporter: good morning again, carl larry kudlow saying that the chinese side has not responded well to american asks in this overall trade war we've seen between the two countries the past several months. he also said, though, that the president and president xi jinping of china will have an opportunity to meet face to face for a bit, he said, at the end of november. st so look forward to that. i asked larry kudlow if he believes that the president's trade policies are responsible for the weakness we've seen the last couple of weeks he said no larry's theory was that the market, what the market is really concerned about is the upcoming election and the prospect that democrats might win the house of representatives and somehow try to reverse the president's tax cuts i pointed out to larry that even if the democrats win the house won't be able to get the tax cuts reversed because the president wouldn't sign a repeal bill he agreed with that but said markets don't like uncertainty

eamon javers will be here to talk about washington.e ceo and josh lipton will join us to talk about apple. chipotle's ceo will be here. a lot going on today back to you. >> outstanding stuff coke, pfizer numbers hitting live on "squawk box. don't miss that at the top of the hour thanks to becky quick. >>> up next on "worldwide exchange," we're on volatility watch. stocks set for a higher open following yesterday's wild swing for the dow. how you can trade the turnaround we'll discuss that and as we head outlets check in on the top performing sectors tech is still king, just about followed by healthcare and now the boring utility sectors playing catch up in the last couple of months, up 3% year-to-date we're back on "worldwide exchange" in just a couple minutes. - i love my grandma. - anncr: as you grow older, your brain naturally begins to change which may cause trouble with recall. - learning from him is great... when i can keep up! - anncr: thankfully, prevagen helps your brain and improves memory. - dad's got all the answers. - annc

democrats, though feeling good after getting a second supreme court justice confirmed over the weekend eamon javers is with us. you were trying to ask a question about the president's finances. >> you heard the president toward the end, he came around to the side where i was standing a few moments ago. i asked him in light of the "new york times" investigation, remember the president said over the years he got a one million dollar loan from his father he had to payback with interest and that's all he got to get a start in his career in business. i asked the president how much did you get from your father to get your start in business, given the "new york times" story. the president said that's all documented, it is well documented i asked him if the amount was more than one million. he said it is all documented, they're all public records you heard theanswer given there. the president talking about rod rosenstein the president and rod rosenstein, deputy attorney general will be on air force one together in a couple moments time as he flies to give a speech in florida today. the president said he wi

. >>> right now we've got to send it down to weese because our own eamon javers is joined but formerlywn and now economic national economic adviser larry kudlow like a cnbc reunion. take it away. >> feels like that in the state dining room, here at the white house with the national economic director larry kudlow. you guys just finished up an event on worker retraining and apprenticeship the president said something fascinating and that's if republicans don't do well next week in the mid terms he thinks the stock market will take a big leg down what's your prediction >> i'm not going to make a prediction i do think part, part of the uncertainty in stocks is about the election and i will say this i think a lot of investors, maybe not all, but many investors are concerned that a big change in congress would cause a rollback of the chief factors driving in strong economy, lower tax rates for businesses and individuals, deregulation, opening up energy and so forth i think folks are worried about. >> but if democrats only take back the house, the president is not going to sign anything that

seema mody at hq following the fallout from the slide in china and the rest of asia eamon javers in our nation's capital with the very latest on this possible meeting between president trump and china's president xi jinping let's go to bob pisani at the exchange to kick things off. bob. >> let's take a look at the s&p 500. i don't want to sound like pollyanna but they are actively attempting to buy the most beaten up sectors of the market. we're 25 -- 30 points off the lows that we had earlier this morning. i want to show you some etfs that are having very heavy volume these are badly beaten up sectors. semiconductors were down 4% at the open they went green briefly. banks down 2%, 3%. that went green. home builders, disaster in the last month or two. they also have gone green today. so take a look at the earnings situation. i know cat was a little bit of a disappointment, 3m an outright disappointment mcdonald's was fine here domestic comps 2.4%. we saw ut x-raysing their full-year forecast verizon affirmed pulte coming out 1%, a little below expectations but still after the beaten up

secretary of state steve mnuchin cancelled a trip to saudi arabia eamon javers joins us, there have been speculation whether the markets in some way or shape or form reacted to that news. >> reporter: exactly the secretary treasury said recently mount with president trump and secretary of state pompeo and decided i will not be participating in the future initiative summit in saudi arabia the white house not offering any explanation for why the treasury secretary is not going it does come amid all this tension surrounding the disappearance of jamal khashoggi, the saudi op-ed writer for the washington post who have disappeared the saudis are accused of murdering him the president willing to give it seems the saudis a little time to off an explanation of what happened there the secretary of state mike pompeo is just back from saudi arabia and turkey. he was here at the white house today as he offered up the white house' explanation of what it's going to do over the coming days here's what he says. >> i told president trump this morning we ought to give them a few more days to complete that

. >> eamon javers is with us from the white house. xperts we had on cnbc thus far talk about the deal, how is the white house framing this >> reporter: i don't think you'll hear a lot of details, you'll hear the president take a victory lap of sorts it will be sort of a political set of remarks, framing it as a big win for the united states and american workers behind me, they gathered members of the u.s. trade representative staff, members of the national economic council and cabinet all of whom will surround the president when he makes remarks today. you can expect the president to talk about big wins in terms of auto for american auto workers and on dairy wait and see if there are other specifics that the president rolls out. one of the things to listen for, whether he highlights concessions made by the united states you remember reporting early on in the negotiation that the president said privately he was not going to authorize concessions from the negotiating team you can see here on the podium behind me. we will wait and see whe

the fbi and other areas of law enforcement for what they've done to catch the suspect so quickly eamon javers at the white house watching it all unfold eamon? >> reporter: the suspect you're talking about, the number of law enforcement officials confirmed to nbc news, cesar sayoc jr., a florida resident there is some history of run-ins with the law that is the name we are given by law enforcement officials. you heard the president there call these terrorizing acts saying that they are despicable, praising law enforcement for quick response here but also saying that we can't allow political violence to take root in this country, not something we can tolerate in a free and democratic society the president going out of his way there to signal political violence is an absolute line that americans can't cross and praising law enforcement for very quick response. a different tone from earlier in the day on twitter from which the president complained or lamented, would be the word, about the political impact of the bombing story. he said now this bomb stuff happens and the momentum slows republicans

we have a news alert on comments from jp morgan ceo jamie dimon let's get to eamon javers in d.c. >> jamie dimon speaking at a conference sponsored by jp morgan at ucla giving his take here on the battle between the united states and china, whether or not it's a trade war and what its impact is likely to be here is what he had to say. >> a trade war is that people stop trading with each other and that they immediately change supply lines and that will -- that will rattle the global economy. there is no question about that. that is a lot of movement around the world then you are going to have foreign trading partnership partnering taking actions. you can offset it could cause a recession. >> jamie. >> but it's not a war. okay a war is people pick up guns and people die >> so dimon there saying it's not as serious as a war obviously in which people are shooting at each other but laying out the sowers economic consequences coming from a trade war. the nuance here we need to find out more information on is whether or not dimon thinks we are in a trade war right now or whether this is red

might link what's going on in the markets to the president's global trade practices as well >> eamon javers, eamon, thanks very much. senior white house official, sounds very much like our old colleague larry kudlow saying it's a bull market correction. is that what it is, stephanie? >> i think it is, but i think today -- when we've been focused on rates and global growth slowing, but i think today was really more about earnings worries, because we had a couple of pre-announcements in the last 24 hours we all have talked about the ppg news, right? but we had that group which is an industrial which goes -- and there's a lot of semiconductor parts that this company will touch. they actually massively pre-announced. the luxury sector rolled over hard in a huge way, and that's even after lvmh reported a good number, but apparently september was a no comment in terms of -- >> they are worried about china, stricter checks? >> much -- well, i think, yes, but they reported a good number. people are wondering if that's stateable. that's a big group and a big growth and a moment mum area in this mark

eamon javers on the ground with the details. >> the treasuredry department at this hour declines to name china as a currency manipulator as part of the official process the treasury department putting out this report at the top of the hour, saying that although china's currency process remains -- there is not a lot of transparency around it they say the direct intervention by the people's bank of china has been limited this year they are not name it a currency manipulator. they are saying no country meets the threshold under the statute to be named as a manipulator however they say there is a watch list to pay attention to it in this report in addition to china which is on the watch list they say the monitoring list comprises japan, korea, india, germany and switzerland. those are the countries the united states is concerned about. but officially according to the report any say no country meets the threshold as a currency manipulator as of right now. >> eamon, in terms of being on the list, is there a benefit being on the watch list as opposed to to being labeled? if china had been label

eamon javers at the white house.he markets is all what have sarah sanders said is true let's say it's true. >> yes. >> does that mean that it was -- 6% ago or 5.25% ago on the s&p 500 was that pricing that statement in. >> that's a great question because i agree with just about everything she said. right. >> right. >> it doesn't in any way take into account prices. if you read that statement, any price is the right price to pay because of all of the fundamental things are there well we know that's not the case so i understand -- this is an administration that lives by the proxy of the market as their score card i understand why they have to comment on it. but to me those are two completely different things that's happening. >> and it was the right price where interest rates were. so when you get back the recalibration, if interest rates still continue to rise in the same path but now president trump has a scapegoat in jerome powell he is on record saying he does want -- he has a scapegoat. >> the economy is doing wel

let's get to eamon javers on this developing story. >> the president has been heaping the red hot retiric on the federal reserve the past 24 hours. take a listen to the toughest criticisms over the past day. >> no, i think the fed is making a mistake. they are so tight. i think the fed has gone crazy >> the fed is going loco and there is no reason for them to do it. and i'm not happy about it. >> i think the fed is out of control. i think what they're do something wrong. >> so crazy, loco, out of control, all of those are the adjectives that the president uses to describe the federal reserve policy of raising interest rates the president frustrated he doesn't want to see the economy stall or the dow stall into the midterm elections in november that's the big frustration for the president that's causing him to speak out the way he has been but larry kudlow and cnbc suggested there is one line the president isn't crossing bursting through a number of presidential norms of the past but the one line he is not crossing is larry kudlow says the president is not directing the fed to change the r

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eamon javers is standing by in d.c.n a second but let's begin with earnings. one of the benefits of sorkin being out is santoli is in how's that >> i try to make up. >> and the ground swell, of course, here you go. >> let me read coca-cola beating on the top and bottom lines 3 cents above estimates. organic growth up by 6%. that helped revenue beat expectations as well pfizer reporting a mixed quarter. dow component reported 87 cents per share. however, company did miss sales expectations and stock indicated lowish there underarmour reporting in the latest report. earned 25 cents a share versus expectations of 12 cents revenue beat estimates as well on the strength of stronger overseas sales that stock is poised to pop. >>> mastercard earnings just hitting the tape check it out quarterly profit at $1.78 a share. that's 10 cents better than the street was expecting now that stock is up by more than $4. that's a gain of more than 2%. ge will be slashing by 92% and just far little historical context on this, remember durin

. >>> we have new comments from secretary of state mike pompeo and eamon javers has the details. >> mikeg the united states is going to revoke visas for those it determines are responsible for the killing of jamaul khashoggi, the saudi writer killed inside the saudi consulate in turkey. this has been an ongoing controversy. the secretary of state today here saying though that the united states is continuing to gather evidence and facts in the case they will follow the facts where any lead he says the president is not happy. he is not happy. the secretary of state was asked specifically if m.b.s., mohamed bin salman was responsible and he didn't give a direct answer to that saying the suns going to continue to look into this matter and gather all relevant facts wilfred. >> eamon thank you very much for that amazing ongoing story still don't get the conclusion of it. e jet streamen javers in d.c we have one minute left to discuss the markets. one thing i didn't ask you yet in the notes earlier whether we see the credit spike if that's a flair. >>> it's not flaring up in a dramatic way it h

this is the president talking to eamon javers >> i don't like what they are doing because we have inflationnd we have a lot of good things happening. so, i will say this, we are normalizing money and that's good but i think we don't have to go as fast. i want to be able to pay off debt and also importantly i think that the numbers that we are producing are record setting. i don't want to slow it down just a little bit especially when you don't have the problem of inflation and you don't see that inflation coming back at some point, it will and you go up. i don't think it is necessary to go as bad. no, i like to stay uninvolved with him >> i don't know. that was reasonable. >> right, reasonable >> i am not sure what he meant by paying down the debt part do you know what means when he referenced that? >> government interests being the number one >> it will get larger and larger as the numbers keep ongoing up >> i think he's articulating as eamon just said of an endorsement. >> i go for two days and that turns, too >> he want s to see the data. why not replace janet yellen >> his predecessor r

. >>> getting news out of washington today, let's get to eamon javers outside the white house. >> good morning. the white house says it will begin the process in switzerland today for the united states to withdraw from the universal postal union that's the global organization that regulates postal prices around the world the administration says it's particularly frustrated by china and a number of other countries which are taking advantage, it says, of cut rate prices for shipping into the united states, subsidized shipping into the united states which they say disadvantages american producers of small goods these are small packages tha they're talking about. the u.s. side is worried here that u.s. exporters are being harmed and u.s. importers are being benefitted they would like to change that calculus they say this is an economic distortion by the universal postal union but the caution here is that this is a year-long process so they're filing the official notice in switzerland today. there's going to be an ongoing negotiation process about all of this, the administration says

. >> let's get to eamon javers of what the president said. >> very interesting from the president sayingsalman for 20 minutes that salman denied any knowledge and apparent murder or possible murder of the saudi saudi journalist that you guys have been talking about. the president float the idea that it may be rogue killer. he himself is floating that idea and it could be somebody else other than the saudi government who attacked and killed mr. khashoggi. unclear of what happened there whatever the explanation is is going to account for the fact that khashoggi walked in ins st istanbul and did not walk out. the explanation will have to account for whatever happened inside that building the president suggesting that king salman denial is very strong and extended to his son, the effective ruler of that country. the president did not say that he spoke about this directly and did not say he got a denial from him, carl. >> hall of fame mothank you fort a huge story and dproeigrowing e day. >> yeah, i did want to get to an important development for a story we have been following closely and nam

supreme court could take place now tomorrow after clearing a key procedural vote in the senate, eamon javers latest from the white house. hi, eamon. >> i just talked to a white house official who told me the white house is confident they have the votes going into this tomorrow but they can't say for sure that they've got in the the bag. they're feeling good but there is some uncertainty and that's why all eyes will be on this 3:00 p.m. announcement from susan collins. she's going to suggest how she will vote tomorrow and that could throw this thing one way or the other look at the cloture vote cloture isn't the same thing as final passage. that simply means you're voting to end the debate and get on with the voting e. it was a squeaker 51-49 republicans prevailing to move ahead the president tweeting he was prout of the senate for doing that a couple key senators to watch collins said yes to move on to the vote, flake said yes but lisa murkowski of alaska voted no and suggested she doesn't believe brett kavanaugh is the right man for the supreme court right now. so that was something of a su

democrats, though feeling good after getting a second supreme court justice confirmed over the weekend eamon javers to ask a question about the president's finances. >> you heard the president toward the end, he came around to the side where i was standing a few moments ago. i asked him in light of the "new york times" investigation, remember the president said over the years he got a one million

eamon javers is live at the white house. >> the president landed in orlando just a few minutes ago and we're told that he did have that conversation with rod rosenstein that we all had been anticipating the president here in this speech is expected to take something of a victory lap in terms of brett kavanaugh being confirmed for the supreme court over the weekend the president saying, on the way out the door here at the white house this morning, some very tough criticism of democrats and their role in this process here is what he said >> i thought that the way they conducted themselves, the way they dealt with a high level, brilliant, going to be a great justice of the supreme court, the way they really tortured him and his family, i thought it was a disgrace i thought -- i thought it was one of the most disgraceful performances i've ever seen. >> and despite all that speculation about whether the president would or would not fire rod rosenstein, it looks like the white house aide told reporters that rosenstein has his job even after that 30 minute conversation that the two men had on

ambassador to the united nations resooing todigning toda eamon javers is at the white house. >> reporterwe are seeing some fallout. the president moving quickly to hold an impromptu session with nikki haley in the oval office the two of them sitting side by side in chairs it's official now. the news breaking a little bit by surprise earlier today. here's the resignation letter from nikki haley to the president that the white house has put out. now the question is what happens next the president was full of praise for nikki haley during that session in the oval office he went out of his way to suggest that she might come become to the administration at some point in the future, perhaps in a higher role, and for her part, nikki haley doused some speculation about her own political future here's what she said. >> i will say this, for all of you that are going to ask about 2020, no, i am not running for 2020 i can promise you what i'll be doing is campaigning for this one. i look forward to supporting the president in the next election. >> i can tell you that despite the president's words of

some time >>> president trump taking note of the rebound today, tweeting about the stock market eamon javers is live at the white house. >> take a look at this tweet from earlier today, touting the strength we've seen in the market, the stock market up more than 400 points yesterday, today looks to be another good one companies earnings are great, says the president yesterday, he was focused on the consumer confidence numbers, saying just out, consumer confidence hits highest level since 2000, the president obviously seeing some positive signs here in the economy that he wants to tout, even as we've seen market weakness in the last week or so here in the next hour or so, we're going to see the president focused on the economy in the state dining room today. they're going to be focused on apprenticeship, worker retraining, and worker training generally. he's going to create a new national counsel to focus on american workers he's going to have a bunch of ceo's in the room with them. their companies are going to contribute significant resources to training workers and retraining workers and ap

. >> all right, guy, okay eamon javers has breaking news out of washington, d.c.e you watching. >> contessa that's right the department of juts unsealed a criminal complaint against a russian national for her alleged role in a russian conspiracy to interfere in the u.s. political system including the 2018 midterm elections just around the corner the woman's name is elaina, kushiinova of st. peters burg russia chief accountant of project element okta funded by a russian oligarch and two companies he controlled. concord management consulting and concord catering s in all about the russian troll farms you heard about in news. nbc's pete williams did some digging in this. the woman being charged here in st. petersburg russia is the chief financial accounting officer of the umbrella effort to sew distrut in the political system of the united states. among the topics involved here pete williams says were gun control, gay rights, the women's march and the nfl anthem debate. the trolls trying to stir up divisions on both sides of the aisle. divide americans against each o

eamon javers is at the white house for us with the latest >> reporter: that's right. yesterday, the president said that the fed is crazy and loco today, he has continued his criticism of the fed he's upset the fed is raising rates. he thinks that might take some of the steam out of the economy going into the midterm elections and the president said this earlier today. >> i think the fed is out of control. i think what they're doing is wrong. i think the fed is far too stringent and they're making a mistake. and it is not right. and it -- despite that, we're doing very well. but it is not necessary, in my opinion, and i think i know about it better than they do, believe me >> reporter: the president saying he believes the fed is out of control earlier today on cnbc, larry kudlow, the national economic council director suggesting that there is a line here, the president, he said, is just rhetorically expressing his views on interest rates, and where they should go, but not directly pushing the federal reserve. here is what larry kudlow said >> president has, you know, h

we're going to get to eamon javers of a recap of, yes, the supreme court nomination it triggered someside and after all of the controversy, dramatic senate floor speeches in the united states senate and brett kavanaugh was confirmed to the united states supreme court by a vote of 50 to 48 there were some protestors in the chamber which they did very quickly over the weekend there were some protestors in the chamber after the final vote and then those who were frustrated took to the supreme court itself to protest. a crowd gathering outside the front door court. the crowd in front of the u.s. supreme court is tiny. looks like 200 people. that wouldn't even fill the number of problems the president is going on to say that kavanaugh is going to go down as a totally brilliant supreme court justice. this realigns the supreme court in a much more conservative way. a 5-4 conservative court cemented the president has been saying he might get one or two more supreme court picks before his term is over for now, brett kavanaugh is a supreme court justice. >> eamon, are you betting on that you sa

. >> there was a great question by eamon javers that led to a response i think the response was lessn what joe kernen elicited. >>er it'sasterisks. >> all you heard from jay powell is that we may see more down the road potentially >> yet right now the markets are have be a tantrum because of rising rates >> because he's raised the prospect of raising rates faster than the market anticipated. >> we're digesting it. >> my interest in this, it's hard to make the case this is the strongest economy, things are going wonderfully and the fed should never raise rates cramer has a much more nuanced view things are not as great in some pockets, and higher rates have an impact on things like home sales, auto sales, but also the tariffs play a role in this. that's why you hear from companies like ppg and others. to say you don't want to see it slowing down, that's already slowing down because of the tariffs. it's hard to say this is going wonderfully and we shouldn't raise rates. maybe the economy is not going as well as we think and there are other factors at play, but it's a hard line to walk

. >> eamon javers, thank you. >>> jim cramer joins us.terday after the market did that steep down turn towards the end of the session you were the voice of calm adding a little bit of perspective to things. how are you feeling this morning? >> i wish it hadn't -- when i got up the dow was down 400. it is down 162. that is down. we wanted it to wash out the sellers. we have to be careful. earlier there was talk about anecdotal versus empirical. when i learned that you do a lot of homework -- here are a list of companies that are weaker. chemicals, housing, regional banks, autos, apartment building, rails, brokerage, luxury goods, engineering construction, small business lending, small business hiring. when does it become imperical? i don't know what emperical is if that is not. i talked to many ceos in every group because i don't have a life outside of this work. i will tell you that is not anecdotal. i didn't go to college to get stupid. >> do you think powell made a rookie mistake. you think he should throw in -- >> kind of. he is a firs

semis are on pace for their worst month in a decade brian sullivan has a check on energy eamon javrs jav javerssident. first, let's start with jon. >> texas instruments down over 4% after a revenue miss. demand is softening everywhere except 5g. texas instruments makes analog chips that translate digital signals into sights and sounds that means they go into everything from tvs and phones that communication equipment is one area that turned in decent performance versus expectations. it's not as though everything is shrinking, just that growth rates are tailing off. this as the s&p semiconductor is negative for the past 12 months and year to date it comes as we await earnings from chin giant intel storm. intel shares have been declining since june since the company's had trouble supplying pc chips intel is now likely to face questions about softening demand david? >> thanks, jon, jon fortt. >>> oil stocks are the third-worst performer this month. brian sullivan is looking at the energy sector for us. >> they're getting worse today let's look at the xop as a benchmark. the xoi is the big one that