isn't the law a distraction here, norm eisen?estion now about how the national security adviser could fail to recollect whether or not he ever discussed sanctions with his russian counterparts before the president took office? he said no repeatedly. he now says he can't recollect in an official statement. this is ability the truth, not just the law. >> chris, of course that's right. the truth, telling the truth is a problem for everybody in this administration starting with the tone deafness at the top from the president of his truth challenged view of the world. here is where this ethical and moral lapse, the love of lies hits the legal -- the legal rubber hits the road, chris. we know. we know there's an investigation of mr. flynn and others around then candidate trump's connection to russia. if flynn was interviewed by the fbi or other investigators and he made false statements, he has a lot more serious legal liability than under the logan act. there are no shortage of those. that's the place where administration officials ge

let's bring back in juliette kayyem and norm eisen. juliette, one of the key problems with the first travel ban, as you heard on the call with the ninth circuit justices, the white house could not provide justification for why these countries were selected. they say what terror attacks, et cetera, can you point to and the white house counsel arguing this did not have it. these reports would arguably give them more justification from a new more narrow travel ban. the issue pamela brings up of politicizing this is a big risk and a big concern. how do you see it? >> exactly. this was 2003 all over again, obviously less dramatic than a war in iraq. when you have a political mission, either going to war or having a muslim ban and you drive the intelligence that way, it will tell you what you want to find, but it may not necessarily be true. based on pamela's reporting, there's no question the seven countries are dangerous as compared to, say, great britain or france. but the question that needs to be answered to a court -- and it's clear th

we will hear from former white house ethics starred norman eisen. live coverage from the center for american progress search tomorrow at noon eastern here on c-span2. >> my fear as republicans go off in their own direction. i worry about the congress. i worry about people who don't understand in the republican leadership who don't understand the political battle. >> civil war there something atrocious about it for mark tiferes carl carl schmidt. it's paterno were conducted within a common political unit but because both warring sides at the same time absolutely affirm and absolutely deny this common unit. [inaudible conversations] [applause]

our obama white house ethic guru, norm eisen.re watch being the white house where jeff sessions will be taking the oath of office as attorney general. we're going to bring that to you live when it happens. they're running a bit behind schedule. we're keeping an eye on it. we're keeping an eye here in the senate where democrats potentially pulling another all nighter on tom price's nomination. ♪ glad forceflex. extra strong to avoid rips and tears. be happy, it's glad. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, it helps pick up some of what medicare doesn't pay. and could sav

sara eisen in washington.another cnbc first treasury secretary sat down with our own becky quick this morning as you may know. stressed need for tax reform by august. take a listen. >> our economic agenda, the number one issue is growth and the first most important thing that will impact growth is a tax plan. so we are committed to pass tax reform. it will be very significant. it's going to be focus on middle income tax cuts, simplification and making the business tax competitive with the rest of the world. which has been a big problem and a lot of reason why companies are leaving and cash is sitting offshore. so that's really our focus. we want to get this done by the august recess. we've been working closely with the leadership and the house and the senate, and we're working on a combined plan. >> joining us this morning, pam olson is u.s. deputy tax leader at pst, michael chief u.s. economist at j.p. morgan. good morning to you both. >> good morning. >> pam, let's start with that timing. this suggestion tha

i want to bring in norm eisen. he served as president obama's ethics czar. he also served as ambassador to the czech republic. before we get to that tweet. let's talk about something that happened sense thin. this is one of the president's top advisors, kellyanne conway this morning not only giving her boss, giving ivanka trump's line ast into. listen. >> go buy ivanka's stuff is what i would tell you. i hate shop, i'm going to get some myself today. i'm going to give a free commercial here. go buy it today, every. you can find it on line. >> there these. white house briefing room, white house seal, logo there, the american flag in the background. how problematic is that? >> craig, thanks for having me. and the statement is extremely problematic. federaletics regulations prohibit government employees for using their public office for the private gain of another. it appears that that statute, that principle, that regulation has been violated here. and makes it worse is that it's part of a huge enterprise, trump, inc., which has blurred government and private

ambassador eisen, let's start with you. the planning for this immigration operation, we're hearing about, apparently began during the obama administration. and i.c.e. officials say other raids were part of day-to-day operations. now, is it fair that democrats and activists are now hitting president trump for ripping families apart, if, indeed, these raids were planned previously? >> ana, thank you for having me. and i do think it is fair for the country and its political leaders to be asking hard questions. planning is one thing. and there was controversy around the obama enforcement actions, but execution of the raids is another matter. and it does seem like there's extra vigor to the execution of these raids. and one has to ask, is president trump taking out his frustration with his losing campaign in the ninth circuit on an immigration issue, on these individuals, tearing these families apart? so i think the questions are fair. >> jeffrey, donald trump promised an immigration plan, quote, a lot of heart. how does that sq

i'm sara eisen. >> i'm wilfred frost.he question is can we make it home again? we shall see. it's throwback thursday. >> "worldwide exchange" all day then. >> fine by my. not sure by the viewers. this throwback thursday, throwing it back with love songs ahead of valentine's day. i don't know this one. >> this is like oldie, classic oldies. >> lots more love songs to come. >> let's check in on world markets. this morning u.s. futures after a minor selloff on wall street yesterday, a mixed picture for stocks. dow futures up 2.5 points. s&p is flat. same with nasdaq futures. the action was in the bond market yesterday, ten-week yield slipped to multi week lows. there's been some buying in remember treasuries. seeing the caution in the bond market. it's brought the ten-year yield down below 2.40. we're at 2.59 on the ten-year. >> only a minor selloff. the story really was the resilience of the equity market in the face of -- >> big bond buying. >> did hurt some sectors. the banks down 1%, given their strong correlations to wh

i'm sara eisen. >> i'm wilfred frost.ood morning to you from me. it's throwback thursday. we're throwing it back with a super bowl theme between some of the best half time show performances in history. >> have you ever seen a half time show? >> i have. >> on tv. >> do you watch the super bowl in the uk? >> people do but you have to stay up late to watch it. >> it's the highlighted of the game for non-football fans. first the half time show, then the ads. >> which also trend widely. >> i have seen some of them, but not all of them. >> you will tell me which ones? >> coming up. i don't remember a lot of them. beyonce was a highlighted. gaga this year. >> congratulations to beyonce. >> yes. >> pregnant with twins. >> we'll lead with that instead of the markets. >> nice to mention it. we will move on to the markets because i don't have much else to say other than warm congratulations. let's check in on the markets. they are lower. 72 points on the dow. the s&p down by 8 points. nasdaq down by 23 points. we did see fractional

welcome to "worldwide exchange" on cnbc, i'm sara eisen. >> i'm wilfred frost.d morning to you from me as well. a pinch and a punch, first day of the month. do you remember that one? >> no. >> first day of the month. >> is that a british thing? a pinch and a punch? >> for the first day of the month. let's check in on markets. we did see gains across the board for these three indices for the month of january. albeit we ended down about 0.6% for the dow. the nasdaq and the s&p basically flat for the day. as i said, gains for january. there they are. the nasdaq the best performer, up 4.3%. the dow up 0.5. back to the futures today, we are expecting a positive open. gains around the rest of the world as well. 38 points higher for the dow. s&p 500 higher by 5, nasdaq higher 2.5. yesterday we saw a broad risk-off day. the ten-year trefasury note slipped down to 2.44. the yield on the ten-year, 2.4 %. >> one factor that could be helping the dow, it's our top corporate story, apple. shares of the tech giant are rising on the back of the strong earnings report. profits a

eisen: the norms have been violated by this administration's conduct! and the, i think that it is a crisis, not just of corruption, and not just of donald trump enriching himself and his family and his associates as vikram and i will talk about a little bit, the harm to american foreign policy, the risk of war, that comes from this situation. but it's also a crisis of the rule of law. and that is true in the big things. how shocking for our constitutional norms that we have a president who on the first day, the first hour, the minute, that he lifted his hand off of the bible, he was in violation of the express and unambiguous constitutional prohibition on accepting gifts, presents, cash, or benefits, and this is a quote, of any kind whatever. have a president who on the that is what the framers put in there in the constitution in the emoluments clause. they were so worried about any kind of swag coming to an american president. just for the reasons that rob articulates in the foreign policy context, it would distort presidential decision-making to benef

i'm sara eisen. >> i'm wilfred frost. >> let's check in on global markets.cks sold off yesterday, just barely. the dow closed down less than 20 points. things are looking up. dow futures up 26 1/2. we lost a few points in the last half hour. s&p 500 futures up 2. nasdaq futures up 2. as for the early action in europe it does appear to be positive after a few down sessions. the german dax is up 0 pn.3%. the outperformer in the region, ftse mib in italy just turned positive after being in the red. as for the overnight action in asia, they followed wall street lower. the nikkei closing down 0.3%. it's going the other way this morning. hong kong and shanghai also closing lower. got that $3 trillion below $3 trillion fx reserves number in china. not a lot of hand wringing about that number. it is a round number. it's a trend worth watching. it's an indication of how much china has been stepping in to defend their currency or stop it from falling lately. it's actually less than what we've seen in the past few quarters. >> over the last year, it's elevated but some

i'm sara eisen in washington. >> i'm wilfred frost at cnbc headquarters.k thursday, ahead of the oscars throwing it back with some of the top songs from movie soundtracks. i like this one very much. >> i knew you would. >> i hope we have a sneaky bit of whitney houston "bodyguard" before we go. >> that's one thing we can go with. a whole hour with no elton john. >> elton john, sara, great movie soundtrack from "the lion king." that also should be included. >> "can you feel the love tonight." >> and "circle of life." >> dow futures up 19 points building on another record close yesterday. s&p ticking up 2 points. the dow about outperform other averages yesterday thanks to dupont. nasdaq futures are flat to down, half a point. in asia overnight, softer action. stocks around the globe at multi-year highs. they took a pause. the nikkei ended flat. hong kong and shanghai closed lower. the early action in europe right now. stocks there, sort of flattish to pulling back. in france, seeing some positivity. the political risk there front and center. the ftse 100, li

i'm sara eisen along with mike santoli.re playing music from some of the winners at last night's grammy awards. mike stayed up all night. >> i stayed up for more than half of it. >> while beyonce gets the front page in most papers, you give it to bruno mars. >> for the night's performance. yes, i thought he had a much more energizing feeling. >> some political hints in the music. >> definitely there. >>> let's check on the global markets this morning. we are seeing strength around the world for stocks. u.s. equity futures are included. we're coming up after the record highs on friday. here we go again. dow futures up 44 points. nasdaq futures are up nearly six points. more earnings, lots of data. janet yellen, two days of testimony this week. following wall street's rally on friday. the german dax is up a little more than 0.5%. france is on fire up 0.75%. ftse up 0.1%. and italy up 0.6%. italian yields, by the way, have been ticking higher. political uncertainty in that party as well. they don't have an election but they ha

sara eisen, cnbc business news. >>> want to show you what's going on with sterling/dollar.le not long ago. that was on the back of better than expected uk data. we saw uk industrial output rising more than expected in december. the trade deficit was narrower than forecast. that allayed fears of a slowdown as the brexit process keeps on going. sterling/dollar falling back below the crucial 1.25 handle and unchanged on the day. good news for the uk economy. let's have a look at european equity markets. the ftse 100 is in positive territory. the xetra dax is pushing up to the tune of 47.7 points. we had m&a stories to tell you about. reckitt benckiser buying mead for almost $17 billion. the cac 0 also being supported by some earnings news. kering not doing too badly. the ftse mib is weighed down by some bank earnings. >>> want to show you what u.s. futures are up to. we had a record day for the three major indices in yesterday's trading session. that was on the back of trump's promise for a major tax overhaul. the s&p 500, the dow jones, and the nasdaq all seen extending those

norm eisen, i like the president being on twitter. first-sense impression of the workings of the president's mind, good, bad and ugly on occasion. you get down to the same fundamental proposition. there is no law with all due respect, the extract of the federal trade commission act, that argument aside. this is about what is right to do and not right to do. people will say this is who the president is. this is who we expect him to be and people voted for him, end of discussion. >> chris, 75% of americans including most of his voters want to have his tax returns. why? they're worried about these business conflicts. every president, 40 years, has made a clean break with their businesses. trump's failure to do that is creating an overhang. it's good for us. i like reading his twitter feed as well. it creates a lot of media attention. i'm sorry brian can't escape politics in the dressing room at nordstrom, but it's not good for the country, the presidency. everything he does have a conflict issue. even the muslim ban. turns out he wasn't

i'm sara eisen. >> happy friday. good morning to you from me as well. i'm wilfred frost.t's new music friday. we're kicking off with some brand-new katy perry. would you guess that's katie merry? katy perry. got to see her once. >> you did? >> dow is up almost 50 points this morning. s&p up 3. nasdaq up 11 after a solid rally on wall street yesterday. as for the ten-year treasury note yield back to selling off with higher yields. we've seen that over the past session. springing back from what was a multi week low we saw earlier in the week. back above 2.41 on the ten-year. the catalyst was president trump telling the airline executives that the phenomenal tax plan is coming within the next couple of weeks. that's all the bulls needed to hear. >> trump with that tax announcement added fuel to the fire. we had seen yield change direction in yesterday morning's trade and with it equities rebounded. it refueled the trump trade. yields had already started to move that direction. either way, we are ending the week with yields low. closed last friday at 2.49. off the lows of 2.3

i'm sara eisen. >> i'm wilfred frost. good morning to you from me as well.appy pancake day. >> happy pancake day. fat tuesday. i didn't know it was pancake day. >> fat tuesday, that is an unflattering name. >> getting rid of all the food --. and you eat pancakes. >> we eat pancakes. they actually made a pancake at the end of "street signs." >> i like them with chocolate chips. >> you guys just eat food? all food? >> our slender floor manager said every tuesday is fat tuesday for me. >> either way, we just eat. i want pancakes. >> we have to check in on the global markets. we did notch a 12th record close for the dow. wilfred is not impressed unless we get a 500 point rally, but either way this is the longest string of gains -- >> i am impressed. i am impressed. >> you said, eh, less than a percent. >> 0.04% we gained yesterday. >> doesn't take much. >> i need to offset -- >> it is incredible. >> it is. the dow is up almost 5% for the month. the nasdaq and s&p up 4%. that clearly is highlighting that this rally picked up again after december and january plate

the move indicates for eisen's acknowledgment that consumers want to string video without worrying about exceeding -- reform thewitzerland country's tax system. the referendum was backed by the business community as it was risingd to prevent taxes before investors. the government needs to return to the drawing board. switzerland has come under pressure from the eu and countries over the special tax haven given to foreign multinationals. that is it for me, i will hand it back to you. anchor: time for a quick break. back with more world news and analysis across the blowed in just a few minutes. -- across the globe in just a few minutes. ueeewep@1@1pxxxxxxqéaawaww [captioning made possible by democracy now!] amy: f from pacifica, this is democracy now! president trump: the day is over where they can stay in ourr country and recoverered w weird we're goioing to get that out of get them out fast. amy: in the first major immigratioion raids ofof the trp presidency, federal agents have arrested more than 600 people spreading fear in immigrant communities across the country. we will speak

i'm sara eisen. >> i'm wilfred frost. good morning to you from me. it's new music friday.ur weekend with selena gomez's brand-new single called -- >> "it ain't me." >> there you go. that was good timing. let's check in on the global market action. this week has been framed with record highs almost every day. but yesterday that just paused with markets that were essentially flat, a couple of them declining. and it leads us for the week as a whole up 1.7% for the dow, up 1.3% for the s&p and nasdaq. worth remembering that we have seen financials really drag the performance higher. perhaps that flatters the record highs a bit. >> the dow continues to outperform. it closed higher which marks a sixth session in a row closing at record highs. >> to focus on a record high when it only gains 0.1% is misleading, i think. banks up 3.5% for the week as a whole making a big impact on the overall performance. that's so heavily linked to what yields are doing. it's easy to argue that banks are the real ones that benefit from those rising yields. clearly the resilience is out there with

joining me now to talk about all of this is norm eisen, former ethics czar for former president obamay serve as chair and vice chair of citizens for responsibility and ethics in washington nonprofitable accounting watchdog firm group. got it all in there. norm, let me start with you, you believe that he broke multiple laws with this tweet. can you explain? >> yes, chuck, and thanks for having me back. and what the president has done, persistently and started in the transition and it's continued to this day is improperly co-mingle his personal financial business and that of his sons and his daughter and his wife with the official business of the country. and this is part of a pattern and practice this one goes over the line because he's attacked an american business, nordstroms, he's made claims that they say are not true. if that's accurate, it's unfair and american law does not allow unfair business practices. as you noted, we don't know, does he have a financial investment? we know his daughter has given up, apparently, only her management, not her ownership interests. so it hits th

joining me is norm eisen and paul butler, law professor at georgetown university and former prosecutori'm a counselor, as well. meeting with a lawyer or getting counselled doesn't mean necessarily anything that terrible. paul, i understand what you think of president's term? >> i think the president doesn't get it. the federal rules say that you cannot use your federal employee position to advance a product. kellyanne conway said go buy ivanka's stuff. that's a textbook violation. and here's why it matters. it is like the white house is paying attention to the trump's businesses. if you're an employee of the united states, those are the interest that is you are supposed to serve. you are not supposed to be hustling up some money for the boss's daughter. textbook violation. it is really concerning that the president does not understand that. >> and norm, wouldn't the best course of action for a federal employee not to take the question in the first place and asking me about the private business of another federal official, in this case, the president. i don't have anything to add becaus

norm eisen, thank you so much for being with us.ally appreciate it. >> thanks for having me, john. >> well, this is the scene right now in tehran as iranians are celebrating revolution day. as a big party on the street. but anti-u.s. sentiment is alive and well with donald trump in washington. more on that in just a moment. >>> live pictures from tehran where celebrations are under way for revolution day. as you can see, they've crammed the streets. it's quarter past 11:00 in the morning on friday. this is the anniversary of the 1979 islamic revolution. parades have lined the streets, and right now president hassan rouhani is making a speech to the nation. fred pleitgen joins us from iran's capital with more on. this fred, i guess with president rouhani making a speech right now, we can expect some pretty fiery anti-u.s. rhetoric given the state of relations between these two countries. >> i think that's absolutely true. that's absolutely what we have seen here, john. the revolutionary day always draws big crowds like you're seeing

. >>> security advisor mike flynn announc announced david catler, john eisen berg deputy assistant to the president. kevin harrington deputy assistant to the president for strategic planning -- lastly we had a great reaction to our skype introduction seats yesterday. we have had a tremendous amount of requests pouring from around the country, contact the press office if you have any interest in joining us in the future. >> a policy form will be held tomorrow afternoon and have lunch with general flynn before departing to marla go. >>ast year, the obama state department officially declared a genocide against christians, in the middle east and north africa, now that rex tillerson has been sworn in, what is the administration planning to do to deal with the legal obligations of protecting these groups under the u.n. 1948 treaty? >> i think mr. tillerson is learning his way around the building this morning. we gave a great speech recording the goal for the state department. right now his job was to get in, get settled, talk to the employees, it's important to the president and throughout

i think we are going to hear with some of them with our sarah eisen here momentarily. get a sense a lot of this is moving parts. one group that just left without talking, one group that, in fact, said a few words and one group that is going to go up to the west wing camera positions and do a little bit of talking on live television. a lot of different moving parts from this white house, scott. >> i thought it was also interesting during the meeting where you heard the president. ible it was during an exchange with doug overhelman with caterpillar. when we lift the dollar. implying when he would like the dollar to be stronger. yet again the type of comments you don't necessarily hear often from a president of the united states speaking on the quurncur of the u.s. >> my take on that, scott, was that the press was saying he wants the doll ar to be a littl soft eart softer. i want to go back and check the tape. that's an unusual thing for the president of the united states to say. usually they say strong dollar, strong dollar, strong dollar. we are not necessarily hearing

for "nightly business report" i'm sara eisen. >> anthem's bid to buy rival cigna has been blocked. the takeover would reduce competition and harm consumers. following the decision shares of both companies were higher. >> reporter: a federal judge ruled against anthem's $54 billion merger with cigna saying in her decision that the deal would leave large national employers with less choice. judge amy jackson rejected anthem's argument that the combined firm could reduce cost and pass on $2 billion in savings because she says cigna's testimony in court contradicted anthem's claim. the hostility was so pronounced the judge called it, quote, the elephant in the courtroom. >> cigna and anthem and their conflict and she rightly so challenges the ability for the two companies to realize those efficiencies. >> reporter: anthem says it will move quickly to appeal the ruling. that if not overturned the consequences of the decision will hurt american consumers. and i trust attorneys give anthem low odds of winning the appeal. analyst says the move will help anthem in its next legal battle with

>> what a morning to have sarah eisen around this discussion. mills, campbell, mondelez could be targets. the journal argues talks may not be done, even though you require a pause in europe. >> because of the way unilever talked about it, it was like, look, this may not be the price. there is a part of this, especially the uk press, saying it has to do with the brexit post currency weakness. they didn't say this is insane and makes no sense. unilever has done itself no favors by not pursuing buybacks. the last time they did buybacks was 2009. in other words, if they're not going to pursue those measures for shareholders, who have seen rivals do better, it'll be hard to fend off a deal like this. >> this is manifesting as pressure on the managementment of unilever to do more. can't have another bid for them for the next six months. we'll have to see what happens more broadly as we've said. interesting, kraft heinz is down sharply. it was a deal up. >> when was the last time we saw the inquirer go up significantly, on a deal with this much debt, b

for "nightly business report," i'm sarah eisen. >>> and as sarah just explained, 3g is known for its harddriving management and deep cost cuts. what's happens when the brazilian private equity firm swoopes in? what happens to workers and jobs? fortune magazine wrote about exactly that. the writer of that article, senior editor at large, and he joins us tonight from fortune. good to see you. >> thank you. >> you said you anticipated that they would be making an acquisition that was large but this one even surprised you. >> that's exactly right. this was totally predictable, because it was clear they had to make another acquisition. that's how 3g companies grow. they don't grow organically, they grow by acquisitions. so they had to make a buy. what was astounding was that no one on wall street nor i imagined they would ever go after a target as big as unilever. >> do they really want, i think you sort of referenced this, do they really want everything that comes with unilever? from axe deodorant to soaps and other things, or do they just want the food brand? >> well, they -- first of a

norm eisen, founder and back as chair of the citizens for responsibility and ethics in washington crew be. crew works to reduce the influence of money in politics and to foster a government ethical and accountable of the he is a fellow with government studies at brookings. before that he served as the u.s. ambassador to the czech republic under obama and under the obama administration and president obama's ethics czar where he established the ethical practices of that administration. so lots to share from norm. really thrilled to be joined by my cap colleague, i think an important voice in these, in this question of the dangerous impacts of trump's conflicts, vick singh. served as secretary of defense for southeast asia in the pentagon for 2011. i was special representative for afghanistan and pakistan at the u.s. department of state. he also served in the u.s. department of defense as senior advisor on afghanistan and pakistan and hello a number of roles in the department of defense over these many years. so, thank you all some for joining us. let's just start by asking so, rob, after

representative bill eisen her. and all of my friends are up in her. this is

weakness on of the day as for eisen said it is in fact going to offer unlimited data, months of speculationther they would do this. us that thisold tells us this is a price war for the telecom giants. obviously investors today not liking it too, caroline: this tells at the grammy awards in los angeles sunday night, top music executives were trading notes on a new acts trying to break into the scene. facebook. the giant has redoubled its efforts to reach a broader part of the industry according to bloomberg sources. joining us from l.a., thank you for joining us. moving we know about the -- wooing from facebook? reporter: they have been making the rounds around l.a.. more importantly their lawyers are talking to the label lawyers. they want to come to an agreement when you and i upload a video on facebook, the label somehow gets compensated. that is complicated because you have to work out how is facebook going to identify when a song comes up, who is it and who they own money to. caroline: what would be the impact if facebook muscles in? reporter: there is all sorts of ramifications. itself

sara eisen. >> hi, welcome, everyone. and thank you to our distinguished panel and i'm very pleased and honored to be here to kick off this exciting day. and to introduce the council's clarion call which is great way to frame the day and the conversation and is going to be their mission that will be sent directly to president-elect donald trump. here to discuss what's going to go inside, sam, if you would, as the chairman, please kick it off as far as the key priorities that you would like to mention in this clarion call. >> well, i started off by saying that the president-elect probably won't like his report card, so there's a lot of fs and ds. not too many as on there. i think the important thing that we're trying to highlight in the clarion call, there is a way forward, that there -- when you look at where the economy has been and this is really about accelerating gdp growth and that gets down into two components. that is how many workers are participating and what's the productivity that we're deriving out of that? a

the cap special counsel norm eisen and blake burman who was in the room during president trump's press conference. this was a very significant news conference on many different levels. there were so many issues that he tackled. you had been inside the white house. thank you for having me. it's nice to be with you in person. in new york. i think when every presidency faces these leaks and particularly at the beginning of the presidency when you have a transition. i think it can be nerve-racking here where you had allegations of criminal conduct going in both directions. in the president today raising questions about whether laws are violated in sharing this information. i can tell you it makes for a pretty tense atmosphere in the white house digestion a little less good in the white house. indigestion. he stuck up with general flynn even though he fired general flynn. i asked for his resignation but he did nothing wrong. regardless this only adds a huge block of ice it would seem between the intelligence community into the president at this point. what jumped out at you in this news con

i'm sara eisen in for kelly let's take a look at how we're finishing up the day.dow, nasdaq and s&p are all unchanged. s&p did manage to close in positive territory. real estate, staples and utilities. the russell index of small cap stocks closed down the most at about 1/3 of a percent. earnings will be fast and furious this hour so buckle up. deed dre bosa, dominic chu will bring us results from chipotle. kayla taushi and meg tirrell will bring us the results from amgen. we have cnbc markets commentator mike santoli out in san diego. tiaa managing investments director stephanie link and founder and chairman, lewis navalier. as we wait for the amazon results, mike santoli, what stood out for you? financials and industrials outperformed. >> yeah, you know, the market, sarah, in a bit of suspended animation. we've seen a bit of a stallout and the drivers people assumed would work through 2017. bond yields refused to go higher. they're stuck where they are. therefore, you do have the more stable sectors. really big growth stocks, too, not just the very defensive stoc

i'm sara eisen in for kelly evans at the new york stock exchange. >> i'm bill griffeth. stocks are rallying. they're led by financials on the president's executive order of dodd-frank. senator corker of the banking committee and the foreign relations committee will talk to us. the roll back there and these new iran sanctions that were announced as well today and iran has already responded. so there's a little something going on there. let's get right to our full team coverage of the key drivers of today's market action. andrew ross sorkin is at the white house covering the president's ceo meeting. will fred frost is at post 9, and steve, jobs report liesman is at cnbc global headquarters with those jobs numbers. andrew, start us off here, bud. >> reporter: we are here on the north lawn where the ceos, the nation's top ceos came here to visit with the president. today it was an historic meeting to talk about taxes, trade, regulation, infrastructure and women in the workplace, which became an issue that ivanka trump has been supporting. it is a meeting we met with and talk

." ♪ ♪ >>> welcome to "squawk alley" for a tuesday, jon fort, sarah eisen and myself. dow record high today along with the nasdaq, the s&p is working on it. the president making comments moments ago on the ongoing debate on his immigration ban. he says the appeals court needs to go his way. >> the president is meeting with a group of sheriff's across the country at the white house right now. we got a piece of tape in a few minutes ago when he was asked about the travel ban and the court proceedings for that. here is what the president had to say. >> we're going to take it through the system. it's very important for the country regardless of me or whoever succeeds at a later date. we have to have security in our country. >> not clear what exactly he means by "take it through the system" but he probably means all of the way up to the supreme court at this point. the president also said he would approve the pipeline deals, thekeystone and dakota pipeline details. he has not gotten any phone calls. a group here around the table agrees with president trump, supported him in

i'm sara eisen in for kelly evans. bill will join us in a moment. how we're a finishing up the day on wall street. in the green barely for the s&p. that actually breaks the losing streak. this is the first up day in the last five sessions. the dow closing higher by a little more than .1%. 25 points. apple adding 47 points of the rally to the dow. nasdaq, the outperformer thanks in large part to apple. up .5%. facebook closed up 2% ahead of the big results this hour. russell 2000 underperformed closing flat. busy hour for earnings. coming up, quarterly results from facebook. two insurance giants set to report. results from metlife and allstate. talking about the markets. joining us for more. michael santolli from the td ameritrade conference. we'll be joined on the set from dan hughes from divine capital along with john ford as we brace for tech earnings. mike santolli, what stood out to you? a big quarter for apple. moved the entire market. >> certainly moved the dow. i argued over the years that apple is not so much a bellwether for the overall mar

. >>> coming up on the show, our must reads, and don't miss sara eisen at the top consumer conferencewill be sitting down with the ceos of mondelez, tyson and conagra. first, a look at how european equities are trading at this hour. a mixed set of trade. german dax up just about 0.4%. upbeat pmi data. we'll get to that after the break. 90% of the world's largest supercomputers run on intel? that means you can take a universe of data - in your case literally - and turn it into medical discoveries, diagnostic breakthroughs... ...proof that black holes collapse into one singularity. i don't know what that is. but yes. innovation runs on supercomputers... ...and supercomputers run on intel. you are super smart. and super busy. ♪ ooh! ufo! false alarm, eyelash! >>> welcome back. time for our top stories. my pick is from the "financial times." it says unilever was a deal too far from kraft heinz. it's a good additional perspective from a uk paper, one of the main reasons why this deal potentially broke down. the editorial board writes pragmatically companies must recognize as berkshire and

sara eisen, jon fortt and myself at post 9.his morning, zillow group ceo spencer rascoff, talking about earnings and a whole lot more on a day where we're seeing oil go positive. we'll see if equities follow suit. >>> first up, the president singling out another american business on twitter. this time, it's retailer nordstrom. our courtney reagan has the latest on that. happened minutes ago back at hq.

jon fortt, sara eisen, myself at post 9. recode's kara swisher and aston instit

. >> jimmy: i'd like to thank emma stone, danny amendola, and rich eisen, i'm suing matt damon.bum is called "about u"" here with the song "i know a place," muna! ♪ i knew when you told me you don't wanna go home tonight and you tried to shrug it off ♪ ♪ when i asked why somebody hurt you somebody hurt you but you're here by my side ♪ ♪ and i knew cause i can recall when i was the one in your seat i've still got the scars and they occasionally ♪ bleed cause somebody hurt me somebody hurt me but i'm staying alive ♪ ♪ and i can tell when you get nervous you think being yourself means being unworthy ♪ ♪ and it's hard to love with a heart that's hurting but if you want to go out dancing ♪ ♪ i know a place i know a place we can go where everyone's gonna lay down their weapon ♪ ♪ lay down their weapon just give me trust and watch what ♪ cause i know i know a place we can run where everyone's gonna lay down their weapon ♪ ♪ lay down their weapon don't you be afraid of love and affection just lay down your weapon ♪ ♪ right now it's like you're carrying all the weight of your past i can

the second one is the obama administration literally did dozens of things, ambassador eisen was a championin central europe to promote anticorruption and governance. we did that in part because we wanted to fight terrorism. we did this in part because we understood corruption is a recruiting tool and because we understood vladimir putin uses corruption as a foreign-policy form. the question is what are we doing to take inventory of what president obama did? that goes forward. there is no reason to say the open government partnership is defunct or something like that. what are we doing to make sure this current administration is held accountable to the progress being made? sorry for the long-winded question. >> you want to talk about the economy, how to tie it to these questions. >> first on the second part of it. the first legislative acts of congress, approving the cabinet. the importance anticorruption measure that requires oil, gas and mining companies to foreign governments which rex tillerson lobbied for ahead of exxon mobil. it is going to be hard to pursue an aggressive anticorrupti

jon fortt, sara eisen, myself at post 9.ecode's kara swisher and aston institute's walter isaacson joining us. good morning, everyone. silicon valley stepping up opposition to the president's immigration executive action. microsoft, uber, twitter, facebook, apple and others submitting a joint brief asking the court to roll back parts of the order. they say the government should make a "fundamental commitment" to welcome immigrants while still boosting background checks to protect the country. from the brief -- "the order inflicts significant harm on american business, innovation and growth and threatens ability to attract business and investment to the united states." this as alibaba ceo jack ma warns in no uncertain terms that "if trade stops, war starts." kara, we're spending a good part of the morning dissecting who joined this letter and who did not. your thoughts. >> well, i think it's just another in the ongoing sort of tech getting to these issues. for example, airbnb had an ad last night in the super bowl. they're al

sara eisen joins us at post nine with more on that. >> good morning, guys.epsico beating estimates on top and bottom line. guidance coming in a little light. want to welcome hugh johnston, cfo and vice chairman of pepsico, welcome back, hugh. nice to see you. >> nice to see you, sara. good morning. >> good morning. i know you've got to be feeling good, especially about that organic revenue number. can you talk a little bit about some of the moves you're making not just cost cuts but the investments you're making to outgrow the categories both of slower soda consumption and slower sales of packaged foods. >> absolutely. yeah, we do feel good about the quarter. we delivered 3.7% revenue growth and 15% eps growth. so certainly feel like we delivered a good solid quarter. as you mentioned more broadly, i think the year was a good year for pepsico and sets us up well for 2017. you know, in a lot of ways it starts with productivity initiatives that we've put in place. we've been relentless in driving productivity over the last four or five years. whether it's out

no tape this morning, but jon fortt, sara eisen and myself here at post 9.record highs across the board. dow up 75, awfully close to session highs. we're about an hour away from the president's first face-to-face meeting with japan prime minister shinzo abe at the white house, as the administration deals with the fallout from last night's appeals court decision over that immigration order. a new phone call between the president and the president of china. our eamon javers covering all of this outside the white house today. hey, eamon. >> reporter: good morning, carl. they are ready to go here at the white house.

i'm carl quintanilla with david faber, sara eisen, mike san tolltoll e -- santoli.ramer has the day off. more retail downgrades, the president goes to boeing for the new dreamliner unveiling, futures are red, so is europe on a very weak retail sales number. ten-year's back to 2.41. roadmap begins with offer decline but negotiations continue between two food industry giants. unilever rebuffing merger proposal from kraft heinz in what would be one of the biggest deals ever. >> plus stocks pull back. was the record run for the dow and u.s. markets overly bullish? >> and four weeks since taking the oath of office, president trump tries to focus on jobs and manufacturing. he'll visit a boeing plant in south carolina later this morning. >> first up though, kraft heinz looking to create a consumer powerhouse confirming it has made a takeover proposal to unilever. the initial proposal's been rejected unilever saying it undervalues the company. but kraft says it looks forward to reaching an agreement with unilever, adds of course there's no guarantee one will be reached. we

i'm carl quintanilla with sara eisen at post nine of the new york stock exchange. first-ever television exclusives this morning. the incoming ceo of coca-cola james quincey is with us. david faber is going to join us shortly from viacom headquarters in midtown manhattan with new permanent ceo of viacom robert bakish. meanwhile dow adding to its gains this morning up 40 points. s&p right around 2,300. oil's up a percent. yields trying to climb back a bit. the big story of the morning though of course will be that meeting between the president and airline executives along with some headlines we're getting regarding taxes. our eamon javers is there with the latest. hey, eamon. >> reporter: good morning, carl. let me explain the announcement you saw regarding taxes. right now wire reporters are in the meeting right now with the airline executives. and they have sent out a note saying the president has talked about making a tax announcement at some point in the coming weeks. we know the top airline ceos are in the meeting as well as some executives from airport authorit