brian: gary cohn, at least two of the sources for that book, rob porter. how does that make you feel? >> i very good to both of them. a lot of people said that gary cohn i could tell stories about him like you wouldn't believe. gary cohn could have been, he issued a statement he has great respect for the administration, et cetera, et cetera but what does that mean. could very well have been. gary cohn never thought woe could ever make the deal with mexico and never thought in ha million years we could make a deal with canada. one of the reasons he left. he never thought we could make the deal. never thought we could make the deals but made phenomenal deals. ask canada, how happy are they? pretty amazing what we've done but these sources are, they're phony. in many cases they don't exist. the media is very dishonest. steve: mr. president, ainsley has the final question. >> good, i'm glad it is ainsley. give me a nice one. ainsley: today is my father's birthday. >> oh, wow. ainsley: i forgot to send him a present. if you wish him a birthday, that will be the

but the point of picking gary cohn is not necessarily that the president has him on the short liss.on't think we know who it is. i think there's a decent chance it will be an outside pick, someone named rand paul yesterday, senator rand paul. don't know if it's going to be him. we're also hearing other cabinet members. the issue is who is confirmable. is he going to pull someone from the cabinet like ryan zinke into the position. the president likes to pick people that will be a little bit of a surprise. rob: maybe somebody that is controllable too, somebody they can control more than they could more than nikki haley, somebody that pompeo and bolton can push around. >> that's a good point, rob. i think haley did get along with the president and with pompeo. the u.n. ambassador does report to pompeo so pompeo and ambassador bolton will have a very vested interest in who this choice is. jillian: thank you for your time. rob: democrats selling socialism on the campaign trail. >> public colleges and universities, tuition free. >> medicare for all, tuition-free public college. rob: so ar

trump eat paper in the oval office. [ laughter ] now in fairness maybe he was just eating it so gary cohn't steal it first. [ laughter ] gary comes in late at night looking for it and then trump flips on a light and says, "oh, are you looking for your paper, gary? [ laughter ] because i'm afraid i put it somewhere safe in my belly. [ laughter ] now if you'll excuse me, i have to meet my wife, majorca?" [ laughter ] [ cheers and applause ] but the book -- but the book is also filled with stories from trump aides who have loyally served him and agree with most of his agenda. trying to cast themselves as heroic saviors protecting the public from the whims of a madman. for example, cohn threatened to resign after trump's comments on charlottesville. but trump persuaded his economic advisor to stay on. chief of staff john kelly then confided to cohn that he shared cohn's horror, trump's handling of the tragedy and shared cohn's fury with trump. kelly told cohn, "i would have taken that resignation letter and shoved it up his ass six different times." [ light laughter ] man, i would have loved

former trump economic advisor gary cohn may have a new job according to the financial times. n adviser at blockchain startup that wants to change how banks share credit data. cohn has an undisclosed amount of equity and calls it a unique opportunity. that is your business flash thate and amanda, we know blockchain's already invented a decade ago and there has been a lot of investment going into it. spring labs website saying they are trying to build a more transparent and efficient system now only financial institutions but also for consumers. .manda: that's right what i like about this story is that blockchain's and companies have the potential to disrupt businesses like goldman sachs, so there is an interesting romance with gary cohn. reminder that you can check gtv on your terminal. you can browse recent charts and go back and catch up on interviews. that is bloomberg markets from toronto and new york, this is bloomberg. ♪ mark: i'm mark crumpton with first word news. the washington post is reporting that turkey's government has told american officials it has audio and

>> first of all, in my opinion, gary cohn did a very good job.a friend of mine and was enormously helpful for my transition, very, very helpful and i think he had a good staff. we have made some staff changes, but, i mean, national economic council, terrific job. the we are the free market guys in that building and i'm proud of it. i work personally very hard with the staff because, yes, i'm doing a lot of media work and so forth and, yes, the oval with the president, but so much of the day, as you might imagine, from your experience, you're doing the committee work and the meetings. which is tough going, but it's sentence. but i don't think i've made any radical changes. nec, which is a fabulous place, we work with everybody. it's interagency, and we will have a policy opinion at the end of the day, but much of what we do is discussions and brokering information and having calm meetings to get everybody's point of view, and then present it to the president. >> okay. and so when you present things to the president, do you typically send him a mem

white house officials can resist the allure of chain gary cohn president trump's former economic advisor announce that he will be joining spring labs a block chain startup the idea is that banks and corporations would use the block janine to make it. easier and safer to transfer your identity and credit information it's an idea that has some merit in my view as in the case of equifax which came under cyber attacks resulting in over one hundred forty three million customers having their data stolen last year and of course now equifax spams people with e-mails trying to sell them their services they may can bribe you with credit protection for the price of course equifax has a major breach and geez louise these folks mr cohen joins a growing group of high profile people joining blocking based companies such as the former commodities head of j.p. morgan blith masters. you may have heard that starting november first amazon will raise the minimum wage it pays for workers here in the united states to fifteen dollars per hour the move covers some two hundred fifty thousand current employees an

. >> thanks very much, scott here with gary cohn. former head of goldman sachs, now block chain officer. we'll get to that in a minute. let's talk about the markets, 340 down right now last week was an unsettling week as rates came up how do you put all of this in context here >> i think the market is trying to find a level that it's comfortable with we had a fairly large rally at the end of last quarter as people anticipated good earnings in the quarter i think we're getting the good earnings we've seen ten-years move up we've seen it sort of settle in this 3, 3.25 range i'm not saying we're in sustained 3, 3.25 range. there's a lot of news in the market and traders are trying to find a -- a neutral level. >> we can come back to the idea of neutral level in a minute when you look at the ten-year at 317, is that going higher in your opinion >> i think it's going higher but i think that if you look at the fed, and what they've done on their forecasts and what they're telegraphing to you, there is probably one more rate increase this y

>> thank you a major news-making event interview, in fact, right here on cnbc in the fast hour, gary cohn, adviser to the president, speaking ability a host of hot topics, including president trump now targeting the feds steve. >> mellissa, thank you very much a wide ranging interesting interview with gary cohn, former head of the nec, entrepreneur when it comes to blockchain. i began asking him about the federal reserve. he believes in gradual rate hikes. >> that means he disagrees with the president. here's what he said about the president commenting on fed policy >> the president's powers and the executive power is to appoint and confirm his individuals that he wants to serve on those committees or those boards once the president does that, he can put anyone up he wants as long as he gets them confirmed by the senate. it's his job to leave those committees alone to do their job. i don't think he should comments on any independent agency. >> so the other part about his comments on fed policy is that he's not all that concerned with the fed raising interest rates in fact, gary cohn is a

. >> woi, donald trump yesterday with a threat against his former top check adviser gary cohn, cohn resignmarch after clashing with the president over trade policy. we're back with casey hunt, eugene robinson and columnist for "the daily beast" market hal lo way and a non-part san 501(c) 4 dedicated to fighting voter suppression efforts and in new york domestic correspondent for the upshot at the "new york times" nate cohn joins us, he covers elections, polling and demographics. wow, market karlsson respond to that cohn threat. some people it seems nikki haley got out totally unscathed. but most people, it's not pretty. >> you know, trump is a little bit afraid of nikki haley. >> yes. definitely. >> the only woman he's a bit afraid of. >> definitely very afraid of. >> when she said, i'm not confused. i think that made him even more fearful. i don't get confused. it shut that down. when she said when she was in her good-bye saying in the white house, she said, i'm going to be supporting this one and pointed at trump. it's like, bless your heart in the south. shoes not supporting trump. >> i

we see the likes of sheila and gary cohn and i am teaching at m.i.t., and the class is crowded. want to know about this technology. alix: how do you regulate it? gary: if it gets broad adoption and you really the crypto world is going to be part of the future, it needs to come inside of public policy. we need to guard against illicit activity and we need to protect investors. exchanges, exchanges like coinbase need to come .ithin sec or the cftc inside of something to protect investors. david: we are seeing cryptocurrency and blockchain because the currency may rely on blockchain but you can do things with blockchain that you don't do it cryptocurrency. do need to regulate blockchain? we don't normally regulate computer programs. gary: i could not agree more. we need to be technology neutral not regulate the blockchain technology but ensure that its application like euro currency -- like cryptocurrency, investors are still protected. do not suffer from fall -- from fraud. david: -- seems to be moving very fast. do we have the personnel within the federal government to be able to

today on the half it is an exclusive with gary cohn, former chief economic adviser to the president.f early lows, utilities and staples are in the ckn mite. two sectors up ba ia nu. ♪ ignition sequence starts. 10... 9... guidance is internal. 6... 5... 4... 3... 2... 1... ♪ ♪ ♪ (buzzing) gather new insights, leave your data protected ite, and put it all to work with ai. the ibm cloud. the cloud for smarter business. >>> biggest decliners on the s&p, you have to have names that had recent guidance in recent hours. textron, sealed air, activision blizzard we'll get stop trading with jim after a short break. place, the xfinity xfi gateway. and it's strengthened by xfi pods, which plug in to extend the wifi even farther, past anything that stands in its way. ...well almost anything. leave no room behind with xfi pods. simple. easy. awesome. click or visit a retail store today. >>> let's get to jim in stop trading. >> constellation down six points why? because rob sand said he'll step down, the executive chairman, come the spring. stock is held in because bill nguyen who is just terrific,

housing sells, it does not matter and you can't bucket it is amazing the mindset of how people -- >> gary cohn a agree with holding china accountable. can you say both >> i want to say gary, how do you stop china >> i know. it is great to say mutually contradictory thing and be able to feel on and off but in practice i don't know how you do it >> anyway, jim, thanks >> it is the only instrument i only have. i don't know what else to do >> he's still stealing things off people's desks we'll be watching at the top of the hour we'll be right back. ♪ can i get some help. watch his head. ♪ i'm so happy. ♪ whatever they went through, they went through together. welcome guys. life well planned. see what a raymond james financial advisor can do for you. ♪ ♪ ♪ ♪ comfort. what we deliver by delivering. ♪ whether it's a big thing, small thing, or something unexpected, pnc will be right there when you need us. because when it comes to your finances, if you focus on today, tomorrow has a way of working itself out. if you focus on today, air velocity is reading at fifteen fpm. why would you need to learn ev

that donald trump would name to this high profile job someone he views as a globalist and close to gary cohn? i don't see that having a chance. >> it's hard to see. he values loyalty and there are people who believe the president should put a woman in this position. she was the most high profile women. he has a problem with independent women. it tells us something else this. idea that a republican will challenge president trump in 2020. this is confirmation that is a total fantasy. if she can't do it, it's hard to see how a jeff flake or someone else successfully mounts that challenge. >> let's listen on that point. she brought it up before reporters could ask the question. she decided, i'm going to go there. >> there is no personal reason, but i think it's very important for government officials to understand when it's time to step aside. i have given everything i've got these last eight years and i do think that sometimes it's good to rotate in other people who can put that same energy and power into it. for all of you that are going to ask about 2020, no, i'm not running for 2020. i can p

like indra nooyi from pepsi, allen ma llal, ran ford or boeing or one of them and i was thinking of gary cohnm the trump administration and goldman, sachs there are people that might enjoy it, think it is interesting. there are others that probably don't want to touch it because of dealing with elon, but i don't know it is an interesting job for sure >> maybe mary poppins is available. kara, always great to have you thanks for being with us >> thanks, jon. >>> as we head to break, look at the major averages at this hour. things have noticeably turned south. nasdaq near session lows, down 7-10ths percent. and the dow down technology is the biggest loser. energy, materials, communication services are hit as well veteran trader art cashin will be here next with his take on rising interest ras teand why the turnaround in u.s. stocks. that's a few minutes away. >>> welcome back interest rates are continuing to spook investors, the vix with the highest level since july major averages in the red, nasdaq down six-tenths percent joining us, art cashin >> great to be here. >> it is a holiday, bond mark

that was ken matheny also stay tuned for an exclusive interview steve liesman is doing with gary cohnhat's coming up later today as well >>> before we head out, a quick look at u.s. futures we had a stronger session across the three makers yesterday all of them north of 2% higher on the session today it's mixed dow about 60 points lower. nasdaq 50 points higher. we had those bumper netflix earnings that's it for today's show i'm joumanna bercetche "worldwide exchange" is coming up nt.ex place, the xfinity xfi gateway. and it's strengthened by xfi pods, which plug in to extend the wifi even farther, past anything that stands in its way. ...well almost anything. leave no room behind with xfi pods. simple. easy. awesome. click or visit a retail store today. >>> it is 5:00 a.m. on cnbc global headquarters. here's your five at 5 cluc:00. wall street looking for a mixed open right now after its best day since march. >>> netflix shares soaring as they top expectations in subscribers. >>> president trump calling the fed his biggest threat we'll dig in on his comments ahead. >>> youtube suffer

whether it's gary cohn. nikki haley. mcmaster or jim mattis.this president has a hard time accepting advice from people that are are more knowledgeable and understand the issues. and are respected in the outside world. i think it's detracts from him and creates this kind of tension. that always results when there's somebody who is very good in the cabinet who happens to be doing his or her job. the president just doesn't like it. >> gloria and secretary, thank you. appreciate it. >> sure. >> let's check in with chris. >> how you doing, anderson? >> i'm all right. >> better than i deserve. what is behind the shift in the saudi story. if according to cnn sources they make the shift. we have senator ben sass. republican from nebraska here. is the senate really willing to move if the president doesn't? it's a weighty question. we're doing na and we have the next step in the investigation of the reality of the crisis on the border. the kids are in more trouble than i knew. >> tomorrow will be three weeks until the midterm elections. both sides have

. >>> a cnbc exclusive with gary cohn, once the president's top adviser.es he think of the economy, tax cuts and the deficit. >>> rally and risk what will determine whether the longest running bull market ever is about to end? >>> and the retailer in the call of the day cross hairs, a big cell call by a top name analyst at noon on the halftime report carl, see you in a bit and all over the selloff which intensified that you have been talking about in the last few minutes. >> happened quickly. dow down 336 session lows obviously art cashen was saying it is more about mnuchin and lesson draghi. risks of challenges to rules, focusing on italy, raising the prospect if italy goes forward with their budget against eu rules that the ecb may not be there to protect them. we saw spreads widen that did precede the headline from mnuchin. >>> let's get to rick santelli for the santelli exchange. rick >> carl, it is fascinating that headlines are hitting the marketplace. what i was going to talk about today, the title was receiving liquidity and the global economy. my

and so we've seen a list of those people leaving the admini whethe it's gary cohn, whether it's nikkiey, whether it's h.r. mcmaster or whether it may be jim mattis. the reality is this president has a hard time accepting advice from people that are are more n knowle and understand these sprekted the outside world. for that reason, it creates this kind of tension that always result when there is somebody who is very good in the cabinet who happens to be doing his or her job. the president just doesn't like it. >> secretary panetta, thank you. apprec it. >> sure. >> thank you. >>> i want to chec chris and see what he is working on. >> how you doing there, anders >> i'm all right. how you are? >> better than i deserve. >> there were weighty questions taken on. what is behind the shift in the saudi story if according to cnn source thez ma source make this shift. have a nebras here. is the senate willing to move if the president doesn't? it's a weighty question. we have the next step in our invest reaflt the crisis the kids are in mo than i knew. that is eight min now. thank very much. see

trump, mnuchin, gary cohn, others, said that's not going to happen.uess what, it is happening. >> deficits become a hot topic for a little while, debt and deficits. then it goes away. you and i have seen this happen on a cycle many times. how do you get people to engage in the necessary conversation about when the government should spend more than it takes in and when it absolutely shouldn't? what's the way in which you get people to care about deficits and debt? >> well, i don't know, ali, what's a way to get people to care about the right sequencing, since so much of our political reactions are colored instantly by partisan arguments. as you remember, when barack obama was president, people like paul ryan and others said that the deficit was rising. we were about to turn into greece. it was a horrible thing for the economy. that was principally a partisan argument. there is concern about deficits. but republicans are concerned about deficits. principally as a means of holding down government spending. they want government to do less. they want gover

he wants to fighter i can holder, gary cohn.hy does he get up with so many on the enemies list, he begins to sound a little crazy having that many enemies he wants to duke it out with now. >> well, i think he might be a little crazy. i think it is a mistake to apply a lot of strategic insight to president trump. he reacts with instinct. he is angry, goes to a safe place and vents about them or twitter i should say, too. i'm not sure there's a method to the madness. i think it is a lot of madness to the madness. and he, again, is the most transparent president we had because he emotes what he is thinking. >> as long as he can win the minute, as long as he can be firing every direction any second we live on the planet together with him, as long as he can do that, keep shooting and shooting, pocahontas, liar this, whatever this, as long as he keeps shooting every direction, can anybody beat him? is there anybody can stand up to him, that crossfire craziness he is able to explode in every minute he is in combat? mike murphy. >> i th

only the trump administration, the president himself, the treasury secretary, gary cohn, was saying no, the economy's going to grow. we're not going to lose money. they are, in fact, in the process of losing money. and growth is slowing down. we had 4.2% growth in the second quarter. that's going to be significantly lower in the third quarter. the independent economist says for the year we'll end up about 2.9, about 2.8 in 2019. but you go out to 2020 and mark standee says growth is going to be less than one percentage point. so this is not what the president promised. and he is simply trying to make up a story as he is on this immigrant caravan to motivate and rouse his voters and get them to come out. >> so we, the president often talks about markets. he hasn't been tweeting about markets recently. he did tweet this out just moments ago before the show started. billions of dollars are and will be coming into united states coffer because of tariffs. if the country won't give us a fair deal, we will institute tariffs on them. used or not, jobs and businesses will be created. u.s. respe

gary cohn, steve mnuchin, he's got them in his administration.y totlerates behavior among his followers he shouldn't, in my opinion. i would come back to the refugees and minorities of all sorts. a willingness to encourage assaults on different groups and failure, certainly, to ever, it seems to me, to call for the opposite, which is respect and tolerance that i think people -- not just jews, are offended by. >> and simone, the killer, the anti-semite, who went into the tree of life synagogue on saturday, he stated a number of times that he didn't like president trump because he thought he was too beholden to jews. that's a nice way of putting what he said. too beholden to jews, and he couldn't actually ever make america great again because the administration was so infested with jews. but this caravan issue motivated the killer and was one that president trump and a lot of republicans have been talking about. painting the caravan as very dangerous, as financed. and this is not true. there is no evidence for this. financed by george soros and oth

it was like the gary cohn departure, maybe she'll come back. how knows. it's still, you know, she's been singled out for the things she did well and she should be. but this was never a perfect fit. she was a fierce opponent of donald trump in the primary. her endorsement in the gop primaries was coveted. jeb bush jockeyed for it. it ultimately fell to marco rubio. there was nobody in the republican field more distant from donald trump on foreign policy than marco rubio. she became an able u.n. ambassador up in new york, but she was so suspected of differing on a policy level, perhaps even a personal conduct level, that she was on the suspects list when the anonymous op-ped came out a few weeks ago. >> wrote a rebuttal, too. >> right. >> answering that whoever wrote the op-ped should have come public with their concerns or resigned. nikki haley is one of the most deft political players of the era. the fact that she was able to navigate what you just outlined that basically her foreign policy views are somewhat opposed to donald trump's, and she was actuall

brian: gary cohn who seems to be the source of that book.a new framework for the your honor mean union. mathan news support for taking on china. one of the people ghug to say easy i'm a free trader mr. president. i can't go along with this was larry kudlow. until he sat down and talked to the president. after about six or seven weeks he says you know what? i get what is he trying to do. rebalancing trade for the first time since world war ii when most of the world was flat on economic back and we were there to prop it up. >> when larry kudlow started working for the president, they weren't in agreement, now he has worked for the president so long he gets it. brian: he feels he knows exactly what is he up to. steve: is he helping them out. meanwhile, the president of the united states has reacted to the brett kavanaugh investigation. keep in mind it was friday that chuck grassley asked the white house to do it. now the fbi is going to spend a week to look into allegations. they are going to do the background check. the president did tweet thi

>> gary cohn similar press conference. gary cohn felt he was smarter than the president.s book, if you read the book. nikki haley never has done that. she is her own person working for a president who personifies single-mindedness my way or the highway. she thrived in a way i haven't seen anybody else thrive next to him. i see for her to come back. this is a sprint. even though ainsley making it look easily from going from south carolina to new york is not especially with a young family and husband in the military. i sense that she comes back, takes a pause. see who sticks around in this high octane, highly demanding field. bolton, pompeo, something international like that. there is a lot of prominent positions could be coming loose in the next few weeks. i'm sure she will do whatever works best for her family works best for the president. charles: brian, of course, she restored prestige to this position which really lost a lot of its prestige for a long time. we've been speculating outside of perhaps of lieberman, who would fill this role? you think it would have to be s

gary cohn reportedly has a new job. he is now an adviser at spring labs, a blockchain start up.has an undisclosed amount of equity in the company and calls it a unique opportunity. he was formerly the president and chief operating officer at goldman sachs. lloyds bank has selected blackrock to manage $40 billion of assets in index strategies. $143oney comes from the billion portfolio currently managed by aberdeen. there will be a partnership and alternative assets for investment technology. bloomberg has learned softbank, has taken goldman sachs as a lead underwriter for the largest ipo ever. they planned to sell $27 billion of shares. the operator begins marketing the sale next month. sales would be less than the tokyo stock exchange on december 19. -- would begin on the tokyo stock a change on december 19. --on: paul eyes on jpmorgan all eyes on jpmorgan. we will hear from jamie dimon. color on the numbers. jpmorgan up in premarket. the top live blog is noting shares off highest gains in premarket. we will see where they go especially when the commentary comes out. the media c

a lousy group of clorox and bingo >> let's get to a couple of earnings >> we did not go back to gary cohnet and solomon >> yeah, earnings. >> goldman has been good >> express, thank you. >> we should take a look at paypal as well >> oh my god >> american express a boost in what well, as you may expected of card spending, right >> there is no line in the american express conference call the fellow, get this, what really helped them can you do a close up for me this is really important t the u.s. platinum card continue with strong performance. new consumers are up about 50% and about half of those are from -- >> millennials i didn't even know, i just guessed. >> millennials what are millennials when they have some money in their pockets. >> who would have thought that >> you know they're paying for platinum cards >> the same time, how about american express time with paypal where they are venmowing each oth it is $100 billion company reserve new growth was 14% of $3.68 billion both the spot and currency what are you doing >> i was just playing with my hand >> 9.1 million active accounts >>

is he going to call up gary cohn?er] in the program, we are going to get to talk to alan schwartz, guggenheim partners for more on goldman's new leadership. any thanks to jason kelly. if you want to june into jason every day from 2:00 until 5:00 eastern time. coming up, general electric shares are surging in premarket as the company names lawrence culp as a chairman and ceo. i'm watching whatever but else's. this is bloomberg. ♪ david: this is what i'm watching. general electric. there shares are searching in the premarket after the company blamed lawrence culp to be the ceo. brooke sutherland come up bloomberg columnist. you surprised? >> i was. there have long been questions about john flannery, but i think people thought he had a little more time. i certainly was not expect them to wake up to this announcement today. he is a 30 year veteran of the company appeared when he was brought in, people wondered, did he have what it takes to totally revamp this company that fostered his career where he has all of these frie

the real money in the future of cbd >>> senior economics reporter steve looeiesman will sit down t gary cohn don't want to miss tt. ckn montha yep, td ameritrade's g. free access to every platform. yeah, that too. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no to kale. mm. yeah, they say if you blanch it it's better, but that seems like a lot of work. no hidden fees. no platform fees. no trade minimums. and yes, it's all at one low price. td ameritrade. ♪ >>> it's been a roller coaster couple of weeks for the markets. what are the most important levels to watch right now? find out on tradingnation.cnbc.com more "squawk on the street" is coming up. >>> let's get to the cme group in chicago and get the santelli exchange good morning, rick. >> good morning, carl. i'd like to welcome my guest and let's get right into it. one of the big issues after we saw treasury international capital flows yesterday is with all this growing supply and attention to

it's gary cohn, rex tillerson. >> sure. >> it seems like there's more of an exoexodus inside his cabinetadministrations. >> reporter: this one, at least the way it's being presented now, feels tonally different from those those other resignations had weeks and months of drumbeat about when will this person resign, when will they be fired? nothing like that with nikki haley. to do it in the oval office alongside the president, to announce this resignation side by side, cemented in the public image as a friendly departure, whereas we've seen some very unfriendly departures from this administration in the past. >> good point. eamon, thanks. >> you bet >>> markets continue reacting to rising rates we'll bring you the latest on what you need to know and how to invest and we'll take this announcement we've been talking about from the president when it happens. more on "squawk on the street" after this geico has over 75 years of great savings and service. with such a long history, it's easy to trust geico! thank you todd. it's not just easy. it's-being-a-master-of-hypnotism easy. hey, i got you

there were some folks you knew would be temporary like gary cohn, wanted to get there, get a few things, help corporate america, help wall street, tax cuts most important to him. mnuchin is something of a wild card, i think, especially since it feels like navarro and lighthizer have taken the lead within the administration on some of these things like trade policy and things like that. but even then, it wouldn't be sort of the sort of, you know, high stakes drama laden kind of event if it did happen. you know, nikki haley really did herself and this country a great job while she was at the u.n. neil: absolutely. no denying that. i'm interested in your view on this backup in rates and the effect it has. what do you make of that? we've got a lot of housing etfs already well into bear market territory. what do you think? >> when we were talking about this in february, as we approached 3%, we weren't even there, i mean 3% on the ten-year yield, we were both kind of scratching our heads. again, the first sign was february 2nd when the january jobs report, 2.9% jump in wages year over year, t

gary cohn another name brought up. k why would you bring him back. ainsley: i don't think that's possible. steve: president of the united states feels he got a win last week by brett kavanaugh nomination to the u.s. senate. yesterday, he was in iowa. rallying his base, talking about the democrats in the run-up to the midterms. and at this point, he says, you know what? they are unhinged. >> this is truly appear historian historicweek for amer. [cheers] >> brett kavanaugh was nominated. radical democrats were on a mission to resist, obstruct, delay, demolish and destroy. democrats have become totally unhinged. you don't hand matches to an arsonist. and you don't give power to an angry left wing mob. and that's what the democrats have become. [cheers] >> they would turn our country so fast into venezuela. and venezuela is not doing too well, folks. in just four weeks, you will have the chance to render your verdict on the democrats outrageous conduct. on november 6th. brian: and before the kavanaugh hearings they thought

then at noon, steve liesman has an interview with gary cohn. at 3:00 p.m.n "closing bell," david solomon will talk about goldman sachs's quarter and the volatile markets a t inonlogog today ♪ a moment of joy. a source of inspiration. an act of kindness. an old friend. a new beginning. some welcome relief... or a cause for celebration. ♪ what's inside? ♪ [laughter] possibilities. what we deliver by delivering. (clock ticking) (bell ringing) it's time. time for a new kind of cloud. the ibm cloud. the cloud that proactively protects your business from threats, instead of just reacting to them. that lets you modernize and move more of your apps without re-writing. that unlocks insights from all your data and puts it to work with ai. get a faster, more secure journey to the cloud. the ibm cloud. the cloud for smarter business. ♪ ♪ >>> we've been watching the u.s. equity futures this morning, after a flat ending yesterday you will see this morning there are some red arrows. we were flat essentially about 20 minutes ago right now futures indicated down by 30 point