frazier? >> jim that's why we lean on you. >> i'm talking about merck that's what i'm allowed to talk about. am i against violence? yes? am i in favor of free speech for the president and mr. frazier, yes? am i in favor of whether he's the guy that ripd off people, no, because the facts don't mandate that there's people that ripd off the people mr. frazier has so kept down his sales by not promising because he doesn't want to give people false hope he could blowout the sales he could blow them out he has every right to try because other people have blown out cancer drugs and made to feel like my mom is going to go on that drug and she's going to live and then she dies. >> jim, people are going to be talking about this all morning long after the break we'll get to the markets and why the futures are soup dramatically today. a lot of corporate news as well including a mixed bag of news regarding netflix. we'll talk about that. price target upgrades over at tesla on the street today. more squawk

frazier to me.hen i've interacted with him, this man is of great moral import he's not just another ceo. >> and he cares a lot about the history of merck which of course is a very respected pharmaceutical company he was the last executive hired by the former chairman or former ceo who's incredibly well respected. >> is he called saint merck? remember >> yes. >> does it matter to you, jim, whether other ceos as either part of the manufacturing council or other advisory groups of the president, whether they take a similar stand that ken frazier did? does that matter to you? >> no. >> the issue was raised that some in silicon valley need to stand up. >> i'm a better to be in the room than not guy. be in the room and advising, i believe in that. but it's the republican congress and it's the republicans who control this and they're not speaking out, for the most part. i think they can't get past health care. >> well, there's a lot of the agenda that the president and the republicans would still like to g

one person he did name is the ceo of merck, ken frazier. one of the african-american ceos in the united states who quit the president's manufacturing counsel over the president's response or nonresponse, in his mind, to the events over the weekend. with us, errol louis. errol, the president's react to the president, ken frazier quit the president's counsel. he has been on the president's side many times. he quit. what did the president do about it? he went after him. now that he resigned we have more time to lower, rip off drug prices. again, if you are keeping score at home, one mention of ken frazier in the last 48 hours, zero mention of white supremacist. >> that is trump style. you get in his face, he punches back. he throws everything at you. if we ever heard that about vladimir putin, that would be interesting. if we heard anything like that about any of the foul racists who committed murder and disruption over the weekend, that would be a great thing, too. that's not the president we have. this is why the merck ceo resigned and why r

here is what frazier said, in part. america's leaders must honor our fundmental values rejecting expressions of hatred, bigotry and group supremay, which run counter to the american ideal that all people are created equal. as ceo of merck and as a matter of personal conscience, i feel responsibility to take a stand against intolerance and extremism. once this was put out on twitter, the president wasted little time in his response, almost counting on frazier saying this in a tweet. now that ken frazier of merck pharma resigned from the manufacturing counsel, he will have more time to lower rip off drug prices. kate? >> what do we know about the relationship between frazier and the president? >> frazier joined the counsel back in january. you see lots of pictures of the president sitting next to him, they were complimentary toward each other. he was the only male black ceo named to the advisory counsel. as you said, he is one of the most prominent black corporate executives in the u.s. kate? >> thanks so much, i apprecia

you know, ken frazier, other leaders should be following ken frazier's example at this point becausehere simply isn't any way to support a president who cannot bring it upon himself to denounce white supremacy unequivocally. supremacists who are marching, literally marching in his name, uttering his name on saturday. >> i want to come back to the politics in a moment. you made a bunch of strong statements that i want to probe. first i want to lean on your legal expertise. the attorney general has launch aid civil rights investigation into this. this morning, he says as far as he is concerned this meets the level of domestic terror. what is the significance of that, from the attorney general? >> so it's significant. and i'm heartened to hear the attorney general say that. i thought it took far too long for the justice department to announce his investigation on saturday. he should have announced it as an investigation into domestic terrorism activity. it matters when the attorney general says that. internally, it means that resources will be aligned. parts of the justice department an

he did tweet out in opposition to ken frazier's resigning from of merckken frazier's resigning from theresident's manufacturing counsel. last few minutes, right before the president's remarks, we got another condemnation from a business leader. it was meg whitman. she tweeted out -- i support ken frazier's decision and am thankful we have business leaders such as ken to remind america of its better angels. was meg whitman coming out with a response, as well as tim cook. it off thiskicked morning. lloyd blankfein also tweeting. business leaders coming up with reaction. we did get the president saying that racism is evil and those that cause violence in its name including the kkk, neo-nazis, white supremacists. will we hear from leaders of those groups, those from the so-called alt-right today? they had applauded the president for not condemning them until now. over the weekend, i had conversations with republican aides and officials kevin: over the weekend, i had conversations with republicans. the alt-right feels -- they have tried to distance themselves from these alt-right groups. tha

have they sided with ken frazier, have some of them also resigned, or have some of them also resignedally stayed put?|i them also resigned, or have some of them basically stayed put? i have spent much of my day reaching out to some of those ceos, which really reads like a who's who of the corporate world in america. you are talking about the head of pepsico, the chairman of general electric. the heads of mark stone and black rock. these are well—known global companies. —— blackstone. many responses followed a similar pattern, which was to condemn the violence we saw over the weekend. it is worth pointing out that none were prepared to go as far as ken frazier, and none were prepared to give up their place on presidential advisory councils. and we just learned minutes ago that the chief executive of under armour will also be stepping down from the trump administration's american manufacturing council. he said in his tweet i love our country and company. iam his tweet i love our country and company. i am stepping down from the council to focus on inspiring and uniting through power of s

. >> reporter: the president's comments today came after ken frazier, ceo of merck, resigned from the white house council here's what ken frazier said in a statement from merck our country stems from diversity, and political beliefs. as ceo of merck and as a matter of personal conscience, i feel a responsibility to take a stand against intolerance and extremism. that comment from ken frazier did not go over well with the president of the united states who responded saying the following, now that ken frazier of merck will have more time to rip off lower drug prices. the president's decision was to criticize merck and its ceo for drug prices when the he was criticizing the president for his remarks of the incident in virginia we got a statement in from ge. here's what they are telling cnbc at this hour. cnbc has no tolerance for hate or bigotry and strongly condemn what happened in charlottesville over the weekend ge is a proudly inclusive company and represents all religions, nationalities, sexual orientations and races with more than 100,000 employees in the united states, it's import

frazier came out and did it, didn't damage his stock too much >> i would keep a running tally. merck, underarmer, int eunder a before that, elon musk disney's bob iger. travis kalanick of uber. they have all independently decided whether it's for the benefit of customers, employees, public pressure -- >> kevin plank has been in and out of this debate before and had heat for not having done so. >> before he said president trump is an asset, that sort of made athletes angry. >> these departures after president trump did come out and increase the strength of rhetoric against it. slightly surprising they waited until that >> maybe it was the heat under armour stands for -- it doesn't want to get involved in politics maybe they were sick of the questions. >>> the president did take aim at merck again following frazier's departure. he tweeted merck pharma is a lead ner hier in higher and higg prices, taking jobs out of the u.s. and bringing jobs back and lower prices merck had no comment we have more on this from eamon javers coming up later >>> in terms of the political uproar, perh

and in going to ken frazier, ken frazier is a man who, from what i'm understanding from my sources, he's a man who has worked with democratic and republican administrations. he is there to help and for this president to attack an african-american man at a time that there is an issue about this confederate statue in virginia, there's a big problem here it looks like it could be hypocrisy. my big question is, what was the conversation over the last two days with this president and david duke for the president to be able to feel comfortable without david duke saying, look, your constituency, the people who voted for you are waiting for you, don't do. this i want to know what that conversation was, really. >> chris, what he said on saturday and what he said today were very different and i just want to play them side by side so everybody can hear the difference for themselves. here it is. >> we condemn in the strongest possible terms this greej jous display of hatred, bigotry and violence on many sides. on many sides. it's been going on for a long time in our country. not donald trump, not ba

he is attacking ken frazier? why did you have him on the counsel if what he was doing is what he was doing. now your immaturity manifests its and why the ceos if they are responsible to the bottom line to the broader, if you will, moral twesweep of this nation m disavow themselves from the bigotry we see manifest. >> is the president's anger misplaced? he's attacking the media for covering bipartisan outrage for not condemning this ideology. is this misplaced saying this? >> the first response the president said on the day of the tragic events was he denounced all forms of hate and bigotry. he said that. he was criticized because the media criticized because he didn't name the groups. he denounced all forms. >> it wasn't the media, it was elected republicans who said he did not go far enough. those are the people who did not go far enough. what do you say to lindsey graham? i'm not going to go through the list. they said the president did not go far enough in denouncing hate groups. what do you say to them? >> i

." >> i especially want to thank ken frazier. >> reporter: merck's ken frazier, one of the country'st prominent black business leadaser w f ts, the he was taking a stand against intolerance and extremism. mr. trump took two days to explicitly condemn the white supremacists in charlottesville, but within an hour of his resignation, frazier was in the president's twitter line of fire. while frazier's move put pressure on his corporeint. james bailey, a professor at george washington university's business school, says speaking out risks the president exacting a personal vendetta. taking on the president of the united states for a publicly traded company is not small ball. >> yes. president of the united states. the risks are high. but the-- the payoff might be quite high as well.umkaesidenofo also stepped down writing, "i cannot sit on a council for a president that tolerates bigotry and domestic terrorism." they sit on various advisory boards including the c.e.o. of lockheed martin and walmart. >> mason: julianna goldman, thank you, julianna. still ahead on the cbs evening news, white

and trump's response to frazier's resignation came in less than an hour. joining us today is kelly o'donnell who is at the white house. also joining us is national political reporter for politico, iliana johnson. and john heilman, national urban league president, mark morual. weekly standard founder, george -- bill kristol and georgetown president, michael eric dyson, an op-ed writer and author of "tears we can not stop." kelly o, let me start with you because i know the news has been breaking fast and furiously at the white house. take us through the day's events so far. >> well, of course coming back to the white house was something that none of us had expected because the president has made it clear that the president would have an opportunity here to try to take at swing at addressing the issue. i don't mean to be flip -- take another opportunity to address the issue and by doing so, he could take a page from what was happening in the investigation. meet with the attorney general, meet with the new fbi director. get their knowledge about what has been

frazier chose here hand mr. rensi's criticism?ou can imagine. you know, i don't -- i certainly respect what mr. frazier did, but the times that we're in are very, very difficult and we really need everybody pulling. certainly understand his comments and i appreciate his statement right up until the end when he resigned we really need everybody to engage and if the business leaders, the great business leaders withdraw or disengage because they don't like what the president is doing, and i agree, he should have responded much more quickly and much more forcefully, we won't achieve the things that we need to achieve i tend to side with what m mr. rensi just said and said stay on the council and battle him every single day that's how we get the progress that we need. >> you're actually saying that the executives -- because there's going to be more pressure put to bear on them our colleague andrew sorkin writing the only reason they are staying on the council is they don't want their business relationship with the government to be -- t

frazier or any aide who betrays him in his eyes, at the attorney general. the only qualification for being in his good graces is loyalty. the only disqualification, the only unpardonable sin is disloyalty to him. so i think this is classic donald trump. it's a mix of this very deliberate, manipulative, cultivating of white resentment and donald trump's famous narcissism. >> and you know, michael steele, john harwood had a great piece out today where he talked about the private disgust of republican lawmakers and calling it really remarkable, the personal disgust. and yet publicly you've had a lot of, you know, strong denunciations of the neo-nazis but still this reluctance to make that disgust with donald trump public. i mean, do they get any credit for being privately disgusted? >> hell no. come on. no. not at all. because this is the moment. this is the seminal moment for the republican party. you're going to be defined by the stench that comes from this. the country's watching. the country wants a response. and you cannot have this both ways. you cannot

within only a few minutes, the president tweeted this, now that ken frazier of merck farm a resigned from president's manufacturing council, he will have more time to lower rip-off

attached to the president, there is no incentive for them to stay and so i was pleased to see ken frazier, who is a philadelphia native, by the way, take the lead on this and be the first to say, no, i'm not going to stand with this president when he won't stand up against white supremacists. >> what can the president do to, i guess i should say, not only just keep these ceos on these councils, but, you know, just to keep americans having faith in the president? i mean, can the president fully separate himself from the white supremacists who have supported him? >> oh, he has to. >> i don't think he can, because he's still got steve bannon sitting there in the white house. steve bannon is somebody that these people look to as their voice in the white house. so as long as he keeps steve bannon there, number one, i don't think that he can separate himself from it, because he has it sitting right there with him in the white house. >> go ahead, matthew. >> well, i mean, you know, he needs to not just have the one sound byte from earlier this week, from yesterday, where he spoke out against neo

frazier has resigned from president's manufacturing council he will have more time to lower rip offg prices he then tweeted about his company again hours later, quote, merck pharmacia is a leader in higher and higher drug the same time taking jobs out of the u.s. bring jobs back and lower prices. he alluded to the initial response in charlottesville in his statement that said he was announcing he was leaving. frazier said he felt a personal responsibility to take a stand against intolerance and extremism. >>> now, 2020 seems like a long way off but we know the president is running for reelection, he filed paperwork couple days after elected. now his first campaign add. first tv spot released hearing you. >> immigrants, obstructing the media attacking our president. career politicians standing in the way of success. but president trump's plan is working. 1 million jobs created. more americans working than ever before. unemployment lowest since 2001. the stock market, all time record highs >> i was looking at this here, there was something similar on the air awhile ago then i saw maxi

frazier, plank and krzanich saying that they were leaving. they would stay on the manufacturing council. some of those ceos have left because they resigned from their jobs and haven't been replaced on the council others have left in protest of the president's policies, actions or inactions and, of course, some who have issued statements saying they are staying and some who have issued statements where it's not exactly clear where they come down take a look at the statement from dow chemical, andrew liverus. it appears to us and what we're assuming here is that he is staying on the council we're trying to get clarity on that his statement says icon dem the violence this weekend in charlottesville, virginia. dow will continue to strengthen the social and economic fabric of the communities where it operates, including supporting policies that help create employment opportunities in manufacturing and rebuild the american workforce that manufacturing line seems to be an indication that liveris will stay on the manufacturing council. although he do

ken frazier just resigning from the manufacturing counsel. speaking out on twitter.eanwhile the president is expected to announce a new investigation into china's trade practices. will the chinese retaliate and what about the growing north korean nuclear threat? company preparing to go public. we are 30 minutes into this monday trading day in the u.s. abigail doolittle is with us. tensions easing a little bit. >> big gains for the major averages. thedow and the s&p 500 and nasdaq all climbing higher. selloff forhe worst the s&p, on pace now for its best day since the end of june. a bit of a seesaw there. partners, they are saying they are cautious. despite the fact that there are signals out there that may suggest more declines are ahead. caution to the near term. leading gains, the tech heavy nasdaq is up most. of the s&p 500 relative, we are looking at facebook, apple, amazon along with google. big gains as you can see. this represents a rebound from last week. outside of apple which was up last week, these three stocks down more than 1% since last week. a relief r

frazier?> the first thing that comes to mind is that it's petty, beneath the dignity of the oval office and the president of america. second, it shows a pattern of him willing to engage in criticism, name call, and criticize people that he doesn't agree with which is why his silence in saying white supremacists, kkk and neo-nazis was so apparent because whether it's him talking about the cons, or ken frazier, or body slamming the cnn logo, he will go after with fury and vengeance like the world has never seen before people that he disagrees with, but he did not name those specific deplorable groups that cause hate and fear in this country. >> he did today, but he additionally didn't. there was thunderous silence as critics have pointed out. congressman, do you worry that the racist violence we saw over the weekend in charlottesville will spread to other parts of the country? >> absolutely. that is something that keeps me up at night. i would just say that i hope it is something that the presid

. >>> shawn patton racing against a team tackling robots and won, but look, down goes frazier. ((ad-lib)) (((break))) (((break))) (((break >> poor guy. >> i don't know why they call those things du who are these people?

comes in things look like they will settle down cabrera has words for the catcher romine, down goes frazier! the first of three bench clearing incidents today which resulted in eight ejections and after the game joe girardi still fired up. >> so i guess romine is just supposed to stand there and take a punch. stupid. you're going to throw my catcher out for protecting himself? pay attention! somebody has to pay attention to what's going on in this game. and he is going to say f you to one of my players? come on, brad. i mean, what is that?

he doesn't speak with moral clarity when he talks about ken frazier or black lives matter.nybody he dislikes, he's very clear. when he talks about white supremacist or vladimir putin, he's not clear. >> he's clear to me. >> joe, joe. >> the message is clear to the kkk and knee on nazis as well. >> this is ridiculous. >> where do we go from here? >> we have a president that does not always speak with nuance, often does not speak with nuance, so i think it becomes frustrating for people when we act as if somehow this president is going to somehow be held to a different standard when it comes to issues of people with color, when it comes to russia issues, but everything else he's given carte blanche to speak off the cuff. i think that's dang are you. when we go from here, we need to sit down as a nation and say these of the thing we value. be true to what he say on paper, yes incumbent in that is an understanding that some of the things on paper did not always apply to people of color in this country. so when we talk about these issues of race, we can have honest and open disc

today we saw ken frazier from merck resign. within less than an hour from

. >>> shawn patton racing against a team tackling robots and won, but look, down goes frazier. ((ad-lib)) (((break))) (((break))) (((break))) >> poor guy. >> i don't know why they call those things dummies because that robot looks pretty smart tonight. we'll be back. o our part.

. >> reporter: the president's comments today came after ken frazier, ceo of merck, resigned from the white house council

, and frazier watched a stranger stop his car, get out, and put the flag back on display. it's not a big deal, but it left a lasting impression on him. >> in this day and age when there's so much strife, i think to see somebody like this showing respect for you know, understand we're all on the same team. and so it's pretty heartwarming to see. >> frazier hopes to track down the stranger and shake his hand. >> a major change to san francisco's wells fargo bank. the new leader about to make history. >> also, tracking breaking news in the east bay where there's been another freeway shooting. we're live with the details. >>> plus, a fallout from charlottesville. statues all across the country coming down. i'll show wru what happened overnight and where. >> and the morning commuteldou . especially if you get up early to ride b.a.r.t. to ride b.a.r.t. why the ♪ ♪ isaac hou has mastered gravity defying moves to amais hzeieud a great show. here you go. now he's added a new routine. making depositing a check seem so effortless. easy to use chase technology, for whatever you're try

i especially want to thank ken frazier. ken frazier said he felt a responsibility to ta ke said he felt a responsibility to take a stand against intolerance and extremism. by monday evening, their ceos of intel and underarmour, the presidents of the alliance of american manufacturing and others all left the council. they are not taking theirjob seriously as it pertains to this country. after commenting on the corporate resignations at a press conference on tuesday, the president then blamed both sides for the deadly violence. you had a group on one side that was bad and you had a group on one side that was also very violent and nobody wants to say it but i will say it right now. after those comments, the exodus from the business councils was fast and furious. it is rare fur corporate america to publicly distance themselves from president of the united states but this is a different kind of administration and many believe mr trump crossed the line. these defections really show that corporate america is no longer waiting for

frazier now lives in bucks county.ou can follow the latest on the charlottesville violence on your phone or tablet. we have posted the details, updates, pictures and videos along with reaction from our area. the 6abc app is a free download for your mobile device. >>> new today at 5:00 philadelphia police want your help tracking down a man who was caught on camera vandalizing a house of worship. bob brooks live now in northeast philadelphia with more on the images police want you to see. bob. >> reporter: sharrie, it's terrible. it's video of a man urinating on a local synagogue but the good news is they have him caught on surveillance video. it is very, very clear video. so, we're going to watch it and hopefully get this guy caught quick. it's 12:30 a.m. yesterday. police say a man in his 20's walks right up to the security camera. he makes no effort to hide his identity. he makes an obscene gesture and proceeds to urinate on the wall. he then jumps into this white bmw and takes offer. it happened at a philadelphia syn

kenneth frazier is the chairman and ceo of one of america's big ef pharmaceutical companies. he has been a member of the american manufacturing council in the trump administration, and today kenneth frazier issued this statement. i am resigning from the president's american manufacturing council. our country's strength stems from its diversity and the contributions made by men and women of different faiths, races, sexual orientations and political beliefs. america's leaders must honor our fundamental values by clearly rejecting expresses of hatred and bigotry which run counter to the american ideal that all people are created equal. and donald trump immediately, immediately tweeted an attack on the black ceo, who took a stand against trumpism today. now that ken frazier of merck pharma has resigned from president's manufacturing council, he will have more time to lower ripoff drug prices. donald trump did not explain to his followers why there hasn't been a single word about ripoff drug prices in any of the failed health care bills that president trump has supported this year

you mentioned ken frazier, singled him out as a hero here. when i think of a guy like jamie diamond, who between deregulation, getting rid of dodd frank tax cuts, the president trump's pro business agenda could benefit a guy like jamie diamond to the tune of billions. could president trump now punish these guys? you know he's embarrassed. >> yeah. he's absolutely humiliated. this is -- his identity was draped around these business leaders as the first ceo to be commander in chief-this has really stripped that from him. losing those big names, yeah, you did see him selectively pushing accounts, people that favored him and you could see in aerospace and pharma and other businesses they were upset and felt they all needed to be there. he tried to drive a fissure between bill ford and mark fields, let alone ford and gm. they're nervous about that before. now they're not. this was the -- i was afraid that business roundtable and the community, business community would miss the moment because collective action is the whole reason they exist. busine

the president fired back, tweeting frazier, will have more time to lower ripoff drug prices. why do you think ceos are leaving your manufacturing council? >> because they aren't taking their job seriously as it pertains to this country. >> reporter: on twitter he added "for every ceo that drops out of the manufacturing council, i have many to take their place. but that didn't stop the stampede of departures. today, the ceo of campbell soup leaving, saying "racism and murder are unequivocally reprehensible and are not morally equivalent to anything else that happened in charlottesville. i believe the president should have been and still needs to be unambiguous on that point." and now a key white house advisory council of powerhouse ceos, voting to disband, powerhouses like pepsi, ge, ibm and walmart. in a letter to employees, jp morgan ceo jamie dimon writing "i strongly disagree with president trump's reaction to the events that took place in charlottesville over the past several days. racism, intolerance and violence are always wrong." the ceos called the white house to info

frazier announced in his resignation that america's leaders must honor our fundamental values by clearly rejecting expressions of hatred bigotry and group supremacy saying he felt a responsibility to take a stand against intolerance and extremism triumph opt out tweeting less than an hour later but now that can frazier of merck pharma has resigned from the president's manufacturing council he will have more time to lower ripoff drug prices. while most of trump's agenda has failed to gain steam so far in congress one area where he has arguably the most bipartisan support is in his promise to make american infrastructure great again the wheels have yet to start turning on this and the details are slim but we do know is that he plans to heavily rely on public private partnerships known as pete three's that's when a government contracts with a private company to finance build and maintain a public works project but how does it really work on a grand scale and will it work at all joining me is michael bell and president and c.e.o. of the associated builders and contractors michael thanks for

the president responded in a tweet saying, "ken frazier of merck pharma has resigned from president's manufacturing council. he will have more time to lower rip-off drug prices." >>> well, the ceo of merck was the only executive to resign from that council. other executives publicly denounced hate, racism and bigotry along with members of the president's party. john harwood is following the story from washington. john, you know, the president kind of took a mulligan today i would call it. what's been the broader reaction in business and politics to his handling of the charlottesville violence? >> reporter: well, ceos like ken frazier, tyler, decided that they weren't going to need a mulligan, they were going to act more quickly so you saw in addition to his resignation, you saw people like lloyd blankfein of goldman sachs putting out statements saying they were going to denounce the intolerant groups, white supremacists and the kkk that the president had been reluctant to. they have their eyes on a broader constituency than the presidents seem to this weekend, though he did step in to

less than an hour later, the president took to twitter to responds to frazier saying now that ken frazier has resigned from president's manufacturing council he will have more time to lower rip off drug prices. many people pointed to the fact that the president is not one to shy away from a fight, not one to shy away from calling people out by name. as you saw in that exchange less than an hour later calling out frazier. it has begged the question and had many ask why it took three days to by name note the white supremacist and neo nazis in the remark adam schiff. we to the street to get your reaction to that. take a listen. >> i think he should have did it saturday. you know, he -- mr. trump, he know what he say when he want to say it. i think he should have just came out and said this, this and this. >> better late than never but i really think that someone told him he probably should have said it in the first place and he didn't so now he's like my god let me come back and retrack what i said. >> that window creates a lot of possibility for different views, perspectives on the why. he

frazier was within how long >> sekz seconds.ediately minutes. >> there was no immediacy, saturday, i'm losing my days that's why, yes, does it give america coverage this is 2 1/2 days ex-post facto. i don't think it give the guys and gals the air cover >> a series of events and series of insensitiveties that plenty of ceos have had plenty of opportunities to walk with their feet for months from this administration and some have chosen to be more political. >>> still ahead, wall martz, home depot, target, out with earnings this week which ones could be the big winners and losers. >>> the bitcoin surge continues, now up nearly 350% in 2017, alone, but dennis gartman warns are bitcoin boom could end in tes.why the crypto currency coue on the verge of a crash. much for "fast money" right after this >>> ironic, a crypto currency than actually make noise welcome back to "fast money. bitcoin boom, soars, gaini inin3 billion in market cap in the past month karen, you've been in it, what got you in it and what to you see as the prospects

he has tweeted about them, first ken frazier of merck. now these other grandstanders, he calls them. he has not tweeted once about the kkk or neo-nazis or white spr supremacists. >> the donald trump we've always known someone who himself call as counterpuncher and others call him that. if it's good for him, he likes it. bad for him, he doesn't like it. people are increasingly seeing this isn't a calculation about what's good for america. s they is a calculation about who has said nice or mean things about donald trump, and that is the sole basis on which he makes his judgments about who to attack, who to praise, and why he is so bedrudgrudging when it coming to people he doesn't feel attacked by. >> important points. three of the ceos. again, the president's poll numbers, at theirs worst now but bad from the beginning. lost the popular vote. tough on issues. business meetings at the white house, very important for the president to send a message. i'm going to bring back jobs. the stock market is going to do better. the economy will start

on that day called him one of the american geniuses, and then after ken frazier resigned, the president said he was simply a grandstanders or those that left were grandstanders personal sense of rebuke that this president feels from the ceo community over the course of the past few days and then especially today has got to be extraordinarily pointed for a president who viewed himself as the ceo in chief, as a person who would bring the sensible, to create new lines of communication with the business community. all of these ceo councils that have been disbanded today were all about changing a narrative from the obama years when many in corporate america felt that they weren't listened to thoughtfully inside the white house, that they weren't given due consideration to their views on regulations, taxes and other things the trump administration began very much with an effort to change all that. that's what these councils were about. now today all of that has ground to a halt, and the story line going forward is going to be, can the trump administration regain the trust of the business comm

resigned ken frazier from president trump's manufacturing council over the incident.resident trump fired back with a tweet about drug fighters. in markets, one of the top equity sectors for the rest of helenar, we will talk to driver, who says there are opportunities in u.s. banks as well as retail. and why is mario draghi being quiet about the resilient euro? we look into how it currencies strength may impact the future of qe, especially as meetings get started . -- next month. let's have a look at where european equities are trading just under 30 minutes to the close. i can tell you the stoxx 600 is rebounding from a five-month low and also rebounding after it had its worst week since november last weekend. we are seeing broad-based gains, the ftse 100 up the most in over a week. the dax up the most in almost four weeks. some people coming out to say perhaps a correction is imminent. this is the europe index and what we can see here is that those are drops of 10% or more from peaks. that hasn't happened in about 13 months for the europe index, they in the question w