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Sep 25, 2024
09/24
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CSPAN
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promised to fire gary gensler on day one. i look forward to holding gensler's feet to the fire for the war he has waged against our financial system. i turn it over to our majority. >> i will have to tune in watching the hockey guy holding gensler accountable. that will be much needed entertainment and critical policy. the devastation they have done to so many markets, crypto is one of unfortunately many markets they have gone after. this is our last week in session before the election but it is a very busy week, as you can see from the schedule. a lot of different bills being brought to the floor. scott fitzgerald talked about one of them that is so important. we have seen crime grow in our communities. we have seen these funds like the minnesota freedom fund that are designed to help get criminals out of jail. kamala harris was front and center raising millions of dollars for that fund. what did it do? it helps get people out of jail who were out there in the middle of what they called the summer of love who were attacking p
promised to fire gary gensler on day one. i look forward to holding gensler's feet to the fire for the war he has waged against our financial system. i turn it over to our majority. >> i will have to tune in watching the hockey guy holding gensler accountable. that will be much needed entertainment and critical policy. the devastation they have done to so many markets, crypto is one of unfortunately many markets they have gone after. this is our last week in session before the election...
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Sep 20, 2024
09/24
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FBC
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the republicans will have two seats, and gary gensler could be the de facto chairman and this is whatht now. now if kamala harris wins, it's easier. he'll just call up elizabeth warren, the progressive senator and say go to bat for me and she will probably say, you know, let him finish out his term so it looks like he could be around for a while. now when i wrote this story, washington buzzed up, i mean went nuts. i was getting calls from a lot of gop people, lawyers, who could be the next chairman. they're coming up with plans, trying to develop plans to make sure even if gary gensler doesn't leave, and trump wants him out, how to get rid of him. liz: if trump wins. charlie: how do you get rid of him if he doesn't want to go. one plan i heard was to lock him out of the building. i'm not kidding you. figure out a way to revoke his, i guess his id where he can't get into the sec building. liz: in this day and age you've got to use a key card. charlie: that's what they are talking about to keep him out of the building and if he can't get in the building he can't vote and, you know? this
the republicans will have two seats, and gary gensler could be the de facto chairman and this is whatht now. now if kamala harris wins, it's easier. he'll just call up elizabeth warren, the progressive senator and say go to bat for me and she will probably say, you know, let him finish out his term so it looks like he could be around for a while. now when i wrote this story, washington buzzed up, i mean went nuts. i was getting calls from a lot of gop people, lawyers, who could be the next...
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Sep 26, 2024
09/24
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CNBC
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joining us is sec chair gary gensler. good to be with you. >> a lot to talk about. i want to talk about market structure and also your job and what you're doing, crypto and so many other things. i want to start with this because i actually am curious about it and curious about it also may be from a context of competition which is to say that we're now looking at a marketplace where effectively 30% of the s&p 500 is basically in like ten stocks. and that's double from what it was not even five years ago. is that a problem, you know, as we think about risk in the system in a way and is there anything you can do about it if it is? >> as a securities regulator we're market neutral. i just want to say that to all your viewers. but as investors, when you think about it, you have risk if there's concentration for sure, because if you buy an index fund, which, as jack bogeyle, who started the index movement at vanguard, said why buy the needles when you can buy the haystack. buy the whole market. it's an eif ishtefficient way t i
joining us is sec chair gary gensler. good to be with you. >> a lot to talk about. i want to talk about market structure and also your job and what you're doing, crypto and so many other things. i want to start with this because i actually am curious about it and curious about it also may be from a context of competition which is to say that we're now looking at a marketplace where effectively 30% of the s&p 500 is basically in like ten stocks. and that's double from what it was not...
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Sep 14, 2024
09/24
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BBCNEWS
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do you feel like the regulator and its chair, gary gensler, are simply opposed to crypto, that they have question that mr gensler and the current sec have, uh, adopted a view that courtroom litigation is far preferable to legislation when it comes to establishing standards and rules. and so we think the right answer is, again, let's adopt rules. let's have congress re—establish its primacy, as our constitution requires, in setting the standards for notjust the regulators, but for all of us engaged in these activities and through a much more well, take a step back, paul, and just remind our audience — why does the world need crypto? what these types of assets provide is a faster, cheaper, more secure way for value to be transmitted between two people, two entities, or two organisations anywhere in the world. not enough people have access to basic financial services when it comes to the traditional system. what crypto can offer is the ability to get a home loan, the ability to send money back home to family and friends when working in another country. these are real examples and real use c
do you feel like the regulator and its chair, gary gensler, are simply opposed to crypto, that they have question that mr gensler and the current sec have, uh, adopted a view that courtroom litigation is far preferable to legislation when it comes to establishing standards and rules. and so we think the right answer is, again, let's adopt rules. let's have congress re—establish its primacy, as our constitution requires, in setting the standards for notjust the regulators, but for all of us...
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Sep 16, 2024
09/24
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FBC
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what is chairman gary gensler planted you charlie is about to break that next on "the claman countdownase daily gives you long-lasting, non-drowsy relief. (psst psst) flonase. all good. [♪] can a personal loan unlock your ambitions? oh yeah. consolidate bad debt and save money for your next goal. sofi personal loans. low, fixed rates. borrow up to $100k. no fees required. ♪ in any business, you ride the line between numbers and people. what's right for the business and what's best for everyone who depends on it. solving today's challenges while creating future opportunities. it takes balance. cla - cpas, consultants, and wealth advisors. we'll get you there. ♪ ♪ ♪ (grandpa vo) i'm the richest guy in the world. hi baby! (woman 1 vo) i have inherited the best traditions. (woman 2 vo) i have a great boss... it's me. (man 1 vo) i have people, people i can count on. (man 2 vo) i have time to give (grandma vo) and a million stories to share. (grandpa vo) if that's not rich, i don't know what is. (vo) the key to being rich is knowing what counts. liz: fox business alert security and exchange
what is chairman gary gensler planted you charlie is about to break that next on "the claman countdownase daily gives you long-lasting, non-drowsy relief. (psst psst) flonase. all good. [♪] can a personal loan unlock your ambitions? oh yeah. consolidate bad debt and save money for your next goal. sofi personal loans. low, fixed rates. borrow up to $100k. no fees required. ♪ in any business, you ride the line between numbers and people. what's right for the business and what's best for...
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Sep 26, 2024
09/24
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FBC
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replace gary gensler, he's awful. pto and businesses in general. a number of companies l be decimated. stuart: would cuban be open to replacing gensler? tell you what he said about that, next. ♪ (fisher investments) at fisher investments we may look like other money managers, but we're different. (other money manager) you can't be that different. (fisher investments) we are. we have a team of specialists not only in investing, but also also in financial and estate planning and more. (other money manager) your clients rely on you for all that? (fisher investments) yes. and as a fiduciary, we always put their interests first. (other money manager) but you still sell commission -based products, right? (fisher investments) no. we have a simple management fee structured so we do better when our clients do better. (other money manager) huh, we're more different than i thought! (fisher investments) at fisher investments, we're clearly different. you know, when i take the bike out like this, all my stresses just melt away. i h
replace gary gensler, he's awful. pto and businesses in general. a number of companies l be decimated. stuart: would cuban be open to replacing gensler? tell you what he said about that, next. ♪ (fisher investments) at fisher investments we may look like other money managers, but we're different. (other money manager) you can't be that different. (fisher investments) we are. we have a team of specialists not only in investing, but also also in financial and estate planning and more. (other...
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Sep 19, 2024
09/24
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BLOOMBERG
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caroline: gary gensler there. ai and finance, intelligent alpha is -- yesterday, we mentioned it is offering a chatbot powered etf, promising to harness the brainpower of the likes of warren buffett, david temper and more. we welcome the founder and ceo of intelligent alpha. so you have an investment committee of chatbots. what inputs have you been giving them? what have you been getting out to design this etf? >> we've given them inputs to help them learn how humans think about investing. this is a question that we get from investors, won't ai just do the same thing? our research, our studying over the past year is the answer is no, they don't because our technology really depends on the inputs and the philosophy you try to give the ai, to act on its investments with. you can make it think like warren buffett and be very value conscious or think like an aggressive growth investor. no matter what you want to do, ai can be adaptable and i think that is why we are not going to see ai do the same thing. it's going to
caroline: gary gensler there. ai and finance, intelligent alpha is -- yesterday, we mentioned it is offering a chatbot powered etf, promising to harness the brainpower of the likes of warren buffett, david temper and more. we welcome the founder and ceo of intelligent alpha. so you have an investment committee of chatbots. what inputs have you been giving them? what have you been getting out to design this etf? >> we've given them inputs to help them learn how humans think about...
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Sep 24, 2024
09/24
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FBC
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during an oversight hearing, the committee and the senate banking committee set a letter to gary gensler more from that they resend it staff accounting bulletin 121 which allegedly opens custody rules for digital assets weakens consumer protection and stifle financial innovation, tell us about the slaughter of what you're expecting to hear during the committee have you heard back from gary gensler yet. >> i was proud to offer this letter in the worst of d.c., the red tape state that tries to overwhelm our main street businesses as well as our communities with government regulation well beyond what congress is empowered with the sec and other federal agencies to do a complete rollback is essential and we talk with chancellor and i look forward to grilling him this week but i want to call that with the other commissioners have already highlighted he has become a rogue agent he's not listening to us or the commissioner, hopefully he will listen to the american people were going to detail the amount of harm that he has done just it is massive amount in nearly a thousand pieces of new relatio
during an oversight hearing, the committee and the senate banking committee set a letter to gary gensler more from that they resend it staff accounting bulletin 121 which allegedly opens custody rules for digital assets weakens consumer protection and stifle financial innovation, tell us about the slaughter of what you're expecting to hear during the committee have you heard back from gary gensler yet. >> i was proud to offer this letter in the worst of d.c., the red tape state that tries...
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Sep 18, 2024
09/24
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CNBC
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we'll hear from economist claudia sahm and gary gensler. the s.e.c. voted unanimously in favor of major reforms to impact retail and institutions alike. and we'll check in with both sides of the aisle on a government shutdown, senator elizabeth warren and john kennedy joining us live ahead. >> the last time we were here was last november. we were also talking about a government shutdown. we were also talking about a market that had priced in a significant number of rate cuts, just like we have right now, wondering if they're overly confident about that. what's different now is the degree of uncertainty about what the fed will decide in less than an hour. let's get straight to steve liesman for the final setup. steve? >> if you're looking for hair rock, you're talking to the wrong person, it's not me. just a few minutes that we get the answer to the question mark, that we have obsessed with over the last several days. it looks like some of the 50 camp got a little cold feed, the market trading with a 55% probability, down from 65% this morning. not sur
we'll hear from economist claudia sahm and gary gensler. the s.e.c. voted unanimously in favor of major reforms to impact retail and institutions alike. and we'll check in with both sides of the aisle on a government shutdown, senator elizabeth warren and john kennedy joining us live ahead. >> the last time we were here was last november. we were also talking about a government shutdown. we were also talking about a market that had priced in a significant number of rate cuts, just like we...
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Sep 20, 2024
09/24
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FBC
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larry: this is one of gary gensler's sins he's gone way, way, way too far, but he knows that.lly wish mr. trump had not talked about 10% living on credit cards. not going to happen. >> it'll never happen. >> it'll be led by the dakotas back in the 1970s, the move the caps on the credit cards. larry: i can't figure out why it must have been the moment. he doesn't actually believe it. charlie: how about the salt deduction? he brings that back? i'm praying. [laughter] someone who lives in new york. larry: i'll leave that alone but he will cut your marginal tax rate even more. last one. al smith dinner, i'm going to bet trump will, this viewers famous dinner, 80 years, i'll be there, we're all going to. charlie: presidential candidates go, they throw barbs at each other. larry: will kamala harris be there and go up against donald trump. hillary went up against trump. charlie: it was hysterical. larry: what's your forecast? charlie: well, i say no. she won't, he will. but you never know. she's embolden by the debate performance. you know, i'm going to say to toss up all my sources.
larry: this is one of gary gensler's sins he's gone way, way, way too far, but he knows that.lly wish mr. trump had not talked about 10% living on credit cards. not going to happen. >> it'll never happen. >> it'll be led by the dakotas back in the 1970s, the move the caps on the credit cards. larry: i can't figure out why it must have been the moment. he doesn't actually believe it. charlie: how about the salt deduction? he brings that back? i'm praying. [laughter] someone who lives...
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Sep 27, 2024
09/24
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CNBC
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and the key question is does gary gensler get replaced. of a lag from the biden administration, because gary gensler went with a basically enforcement method versus regulatory environment for bitcoin. bitcoiners would prefer a regulatory environment that is clear cut and everyone knows the groundwork and that's why you've seen it rally of late. >> julie, your chart. >> star surgical. this is implantable contact lenses. they're a leader here in the u.s. they have a very large business in china. so they have been big beneficiaries this week. myopia is a bigger deal in china than in the u.s. estimated like 40% of the population has it. >> wow. interesting. i never heard that. mike khouw, what is your chart? >> yeah, i was taking a look at oil and also energy stocks. this is just a terrible performer this week. it has been a terrible performer so far this year. and actually xle, if we pull a chart of that one, essentially dead flat over the last ten years, if you can believe it. the worstperforming sector overall. i am beginning to think that
and the key question is does gary gensler get replaced. of a lag from the biden administration, because gary gensler went with a basically enforcement method versus regulatory environment for bitcoin. bitcoiners would prefer a regulatory environment that is clear cut and everyone knows the groundwork and that's why you've seen it rally of late. >> julie, your chart. >> star surgical. this is implantable contact lenses. they're a leader here in the u.s. they have a very large...
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Sep 19, 2024
09/24
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FBC
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climate disclosures, you can go down the list on gary gensler.ave a bad rep in the crypto industry -- david: should have read your book, "go woke, go broke." >> i called him one of the most anti-capitalist and annoying sec chairmen -- [laughter] we've ever had. and on crypto, which is an alternative currency because you you know why? as you print more money, you debase the dollar. there is a conservative argument for crypto. it keeps the bureaucrats in washington honest. j.d. vance talks about it a little bit, donald trump talks about it. i mean, he's crypto mining for votes here, obviously -- david: but he doesn't have that history that the harris campaign does with -- >> oh, absolutely not. and the other thing is barron trump, his youngest son -- david: is he into it? >> he's a big -- david: okay. donald trump said he learns a lot of it from his son. this teamsters' hinge is -- >> the semi-endorsement. david caved zone o'brien was on with kneel -- sean o'brien was on with neil yesterday, let me just run that clip. go ahead, roll it. >> we didn'
climate disclosures, you can go down the list on gary gensler.ave a bad rep in the crypto industry -- david: should have read your book, "go woke, go broke." >> i called him one of the most anti-capitalist and annoying sec chairmen -- [laughter] we've ever had. and on crypto, which is an alternative currency because you you know why? as you print more money, you debase the dollar. there is a conservative argument for crypto. it keeps the bureaucrats in washington honest. j.d....
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Sep 24, 2024
09/24
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FBC
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they believe he'll try to find a way to stay and gary gensler even if trump gets elected will pull youn my term end. if kamala harris gets in there we'll call up elizabeth warren and something nice and keep me for chairman as awhile for the remainder of my term, which i believe is june 2026. sort of in the weeds. liz: four hours? they didn't ask. >> they didn't ask. chase asked. our producer asked and one of his push on by it. they were kind of thugy about it. yeah, listen, can't give me two minutes to sum up four hours. there'll be a crypto road map no matter who gets elected, my view. both republicans and democrats. gensler will be under pressure to step down no matter who gets elected. depending how big his you know whats are, we'll see if he stays. they'd have to be really big in a republican administration. he'd be breaking, breaking precedent if he didn't step down. he's saying for all the people thinking and believes he ask stay as lon as he wants urostyle 2026. liz: okay. thanks for following it. imagine we were talking about ai, imagine ai chat bots that talked to you in the v
they believe he'll try to find a way to stay and gary gensler even if trump gets elected will pull youn my term end. if kamala harris gets in there we'll call up elizabeth warren and something nice and keep me for chairman as awhile for the remainder of my term, which i believe is june 2026. sort of in the weeds. liz: four hours? they didn't ask. >> they didn't ask. chase asked. our producer asked and one of his push on by it. they were kind of thugy about it. yeah, listen, can't give me...
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Sep 18, 2024
09/24
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KNTV
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looking to elect pro crypto candidates and opposes the industry wide crackdown, led by sec chairman gary gensler, who was appointed by president biden. waiting with bated breath as the federal reserve is expected to cut rates at its meeting tomorrow for the first time in four years. economists are unanimous in expecting a rate cut, but they're split over how much? according to cnbc fed survey respondents are forecasting a more gradual approach. 84% are predicting a quarter percentage point cut, while 16% see a half point cut. this will be the fed's first rate reduction since march of 2020, and will provide some welcome relief for those in the market for a home or a car, as well as those with credit card debt. meanwhile, markets were pretty much flat across the major indexes today as investors wait on tomorrow's interest rate decision. the dow down 16 points. the s&p, though, hit a new high during the session, up one point at the end of the day and the tech heavy nasdaq up 36 points. while more than 12 years after her death, a famous whitney houston concert is being revived. after president nelso
looking to elect pro crypto candidates and opposes the industry wide crackdown, led by sec chairman gary gensler, who was appointed by president biden. waiting with bated breath as the federal reserve is expected to cut rates at its meeting tomorrow for the first time in four years. economists are unanimous in expecting a rate cut, but they're split over how much? according to cnbc fed survey respondents are forecasting a more gradual approach. 84% are predicting a quarter percentage point cut,...
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Sep 20, 2024
09/24
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regulation and it's been a lack of regulatory certainty for the entire industry and sec chair gary genslera regulation through enforcement approach. so essentially gensler and the sec sue crypto companies as a way to regulate rather than creating legislation, parameters for congress and could soon change. the expectation during the lame duck session after election, senators expecting multiple bills and one, eftc regulatory oversight for commodities and an agency regulated crypto. it's more likely to pass if trump wins because he's really positioned himself adds crypto candidate but not everyone likes the choice of the cftc. we're hearing from some that it's the smallest financial regulatory agency and it's regularly underfunded and understaffed so there's concern there. at this point, it's probably better than moving through court cases. stuart: getting into it after the election. >> that's right. stuart: what happens after the election. election. madison, great stuff. thank you indeed. tens of thousands of port workers could go on strike soon. a strike of the size right before the holiday
regulation and it's been a lack of regulatory certainty for the entire industry and sec chair gary genslera regulation through enforcement approach. so essentially gensler and the sec sue crypto companies as a way to regulate rather than creating legislation, parameters for congress and could soon change. the expectation during the lame duck session after election, senators expecting multiple bills and one, eftc regulatory oversight for commodities and an agency regulated crypto. it's more...
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Sep 24, 2024
09/24
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that is what we're hearing because of leyna kahn, gary gensler and biden-harris administration with rule making, we have to deregulate and open capital markets and keep taxes low this must be american's. larry: this business about how eu can tax american companies, one thing donald trump said only american legislatures is tax american companies not foreign that say very important point. i have to get out. i appreciate very much steve moore and michael faulkender. >> coming up on cuddl kudlow, deporting illegal immigrants the slash federal budget deficit we have congresswoman anna paulina luna next. you can catch kudlow at 4 p.m. here on fox business, if you can't get us at 4 text your favorite 9-year-old and she will show you how to dvr the show, and you will never miss a new manufacturing job, i promise you, we'll be right back. hey jim! can we talk about casual fridays? oh sure. what's up? get fast, powerful cough relief with robitussin, and find your voice. ♪robitussin♪ to me, harlem is home. but home is also your body. i asked myself, why doesn't pilates exist in harlem? so i started
that is what we're hearing because of leyna kahn, gary gensler and biden-harris administration with rule making, we have to deregulate and open capital markets and keep taxes low this must be american's. larry: this business about how eu can tax american companies, one thing donald trump said only american legislatures is tax american companies not foreign that say very important point. i have to get out. i appreciate very much steve moore and michael faulkender. >> coming up on cuddl...
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Sep 26, 2024
09/24
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. >> that is criticism of gary gensler securities and exchange economics chairman criticized for notting on all new rules and regulations for companies, to appease biden administration climate change agenda. >> the climate change agenda is elitist rich people's agenda, right? i can have a tesla cooler with tesla only drive around here a friend of mine called me yesterday complaining they have a tesla can't visit parents too far away they rent a car, to go. you know the fact is the green agenda is elitist who is the strongest? the ivy league, you want real america real people are workers go to alabama georgia game go o to those universities ask those people what they think not talking climate climate they are talking about my parents need a job, manufacturing jobs that is what donald trump is bringing. >> we spoke with tommy tuberville going with president trump to the georgia 'bama game,, you going to be there. >> no, i am not going but how fun would that be. >> agendas of president trump versus kamala harris, kamala harris trying to win over corporate america i don't know how you do
. >> that is criticism of gary gensler securities and exchange economics chairman criticized for notting on all new rules and regulations for companies, to appease biden administration climate change agenda. >> the climate change agenda is elitist rich people's agenda, right? i can have a tesla cooler with tesla only drive around here a friend of mine called me yesterday complaining they have a tesla can't visit parents too far away they rent a car, to go. you know the fact is the...
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Sep 17, 2024
09/24
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FBC
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. >> there are a lot of complaints about gary gensler heavy-handed regulation he wants in crypto forure good to see you. thank you karoline leavitt from the trump campaign. we'll be right back. harlem has everything. but i couldn't find pilates anywhere. so i started my own studio. and with the right help, i can make this place i love even better. earn up to 5% cash back on business essentials with the chase ink business cash card from chase for business. the moment i met him i knew he was my soulmate. "soulmates." soulmate! [giggles] why do you need me? [laughs sarcastically] but then we switched to t-mobile 5g home internet. and now his attention is spent elsewhere. but i'm thinking of her the whole time. that's so much worse. why is that thing in bed with you? this is where it gets the best signal from the cell tower! i've tried everywhere else in the house! there's always a new excuse. well if we got xfinity you wouldn't have to mess around with the connection. therapy's tough, huh? -mmm. it's like a lot about me. [laughs] a home router should never be a home wrecker. oo this is
. >> there are a lot of complaints about gary gensler heavy-handed regulation he wants in crypto forure good to see you. thank you karoline leavitt from the trump campaign. we'll be right back. harlem has everything. but i couldn't find pilates anywhere. so i started my own studio. and with the right help, i can make this place i love even better. earn up to 5% cash back on business essentials with the chase ink business cash card from chase for business. the moment i met him i knew he...
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Sep 17, 2024
09/24
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FBC
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you know, rides on the election because gary gensler is still in charge at the securities and exchanget is very, very different than a trump win and a different s.e.c. chairman. sam, i want to talk about risk here because look at where crypto is. we are on risk-on right now whether it's crypto, stocks, everything else. dow closed at another record high yesterday, expectations are up that rates are going to down and we're going to hear a cut tomorrow. markets yesterday, the dow industrials were up 228 at 4:00 on wall street, the s&p wasp up a fraction, the nasdaq was lower by 91. as you can see, mixed market but yields, well, they're way below 4%. take a look at the 10 year treasury as the central bank is kicking off day one of the two damon tri policy meet -- day monetary policy meeting today. the fed is expected to cult rates tomorrow by 25 basis points. futures traders are seeing a 67% chance of 50 basis point cut. sam, what do you think, where are we going here? >> good morning,er maria. morning, michael. i basically think the fed will cut by 25 basis points. the market has been sur
you know, rides on the election because gary gensler is still in charge at the securities and exchanget is very, very different than a trump win and a different s.e.c. chairman. sam, i want to talk about risk here because look at where crypto is. we are on risk-on right now whether it's crypto, stocks, everything else. dow closed at another record high yesterday, expectations are up that rates are going to down and we're going to hear a cut tomorrow. markets yesterday, the dow industrials were...
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Sep 17, 2024
09/24
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FBC
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she's part of an administration that launched a massive crackdown on crypto, and gary gensler is thely going to be the sec chair again, you know? you don't -- it's unclear whether the president can remove the sec chair once he's -- or she is in there. so, you know, he's no fan of crypto, trump has opened up his arms to crypto. so he's not going to lose that vote, but clearly this was disappointing. we should point out that he's got some smart people behind it, you know? i know eric trump, good businessman. he's got steve witkoff behind it, a big fundraiser for trump. he's also one of the top real estate people in manhattan. i've known steve forever. full disclose -- disclosure, friend of mineful there's people behind in that know business, they just didn't show that much. what do they say, all hat, no cattle? back to you. liz: yeah. all sizzle, no steak? i don't know. we shall see. give it time. this thing was just announced. [laughter] charlie -- >> whoa, whoa, whoa, whoa, whoa, whoa, you wouldn't be saying that if it's, you know -- we judge people based on, you knowing what they pr
she's part of an administration that launched a massive crackdown on crypto, and gary gensler is thely going to be the sec chair again, you know? you don't -- it's unclear whether the president can remove the sec chair once he's -- or she is in there. so, you know, he's no fan of crypto, trump has opened up his arms to crypto. so he's not going to lose that vote, but clearly this was disappointing. we should point out that he's got some smart people behind it, you know? i know eric trump, good...
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Sep 19, 2024
09/24
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distance the democratic party, the future of the democratic party away from elizabeth warren and gary genslermaking progress and i think it is going in the right direction. and i will make this prediction, that in the next congressional session, there will be positive legislation and great clarity on stablecoins, great clarity in terms of what we are going to do in terms of a regulatory framework that's fair for the industry. paul: that is a sky bridge founder anthony scaramucci talking by his outlook for stablecoins at a token 2049 panel moderated by bloomberg's haslinda amin. bitcoin back above 60,000, up about 3.1% today. this is after, of course, we saw the fed reducing borrowing rates for the first time since covid, that supersized half basis point cut. the bank of england is coming up next with its rate decision. that is due in just a matter of hours. bloomberg economics says the odds of the boe unveiling a rate cut our though, with the -- are low, with the next move more likely in november. before we leave you, let's take a look at how markets are tracking. we are seeing yen weakness,
distance the democratic party, the future of the democratic party away from elizabeth warren and gary genslermaking progress and i think it is going in the right direction. and i will make this prediction, that in the next congressional session, there will be positive legislation and great clarity on stablecoins, great clarity in terms of what we are going to do in terms of a regulatory framework that's fair for the industry. paul: that is a sky bridge founder anthony scaramucci talking by his...
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Sep 17, 2024
09/24
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chair gary gensler, senator warren, senator kennedy and the creator of the sahm rule, claudia sahm. >es it for "the exchange." tyler is getting ready for "power lunch." i'll join him on the other side i'll join him on the other side of this break.♪♪ [inner monologue] in this gig... you get comfortable being uncomfortable. ♪♪ the enemy is always adapting... deepfake: hey handsome. ♪♪ [inner monologue] ...always iterating. ♪♪ with gold and copper prices pushing towards all time highs, us gold corp. offers investors leverage to both gold and copper at its project, and mining friendly wyoming. u.s. gold corp has a reserve of almost 1.5 million ounces of gold equivalents. permits to mine zero debt with only 10.73 million shares outstanding and a portfolio of world class american strategic metals assets. u.s. gold corp, join the golden age. since my citi custom cash® card automatically adjusts to earn me more cash back in my top eligible category... suddenly life's feeling a little more automatic. like doors opening wherever i go... [sound of airplane overhead] even the ground is moving for
chair gary gensler, senator warren, senator kennedy and the creator of the sahm rule, claudia sahm. >es it for "the exchange." tyler is getting ready for "power lunch." i'll join him on the other side i'll join him on the other side of this break.♪♪ [inner monologue] in this gig... you get comfortable being uncomfortable. ♪♪ the enemy is always adapting... deepfake: hey handsome. ♪♪ [inner monologue] ...always iterating. ♪♪ with gold and copper prices...
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look at lina khan at ftc, gary gensler at the sec, look at a what the doj tried to do to to donald trumpate, they get in the way, get the dems out -- lauren: final note, sock's up now. -- stock's up. hell week for nvidia this week, it's down 11%. broadcom reports tonight. stuart: dr. barton says he's buying at 10. -- 104. let's go to the qualcomm. they're partnering with google and samsung on what? lauren hurp reportedly, a mixed reality smart glasses, virtual reality that links to your phone, and that's a apparently the important part. so instead of controlling it with, like, hand gestures, you just control it with your phone. and instead of it being clunky and uncomfortable and heavy to wear, it would be like wearing sunglasses. stuart: it's not the goggles. lauren: doesn't seem like it. it would run artificial intelligence both on device and on the phone, not in the cloud. stuart: okay. alpha a bet's up and qualcomm is down. verizon says it will buy frontier communications. so what? what's the deal about? lauren: broadband. verizon's fiber network is largely in the northeast and the m
look at lina khan at ftc, gary gensler at the sec, look at a what the doj tried to do to to donald trumpate, they get in the way, get the dems out -- lauren: final note, sock's up now. -- stock's up. hell week for nvidia this week, it's down 11%. broadcom reports tonight. stuart: dr. barton says he's buying at 10. -- 104. let's go to the qualcomm. they're partnering with google and samsung on what? lauren hurp reportedly, a mixed reality smart glasses, virtual reality that links to your phone,...
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Sep 24, 2024
09/24
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it might be the end of the gensler regime and could be a new regime as treasury secretary for gary gensler> there's all sorts of rumors about what gensler wants. that's a great parlor game here in d.c. i think that's what a few progressive senators want out of gensler and out of a harris presidency. but we'll see what actually vice president harris says about this. if she says anything about it, which she currently hasn't. >> what do you make of what you're seeing -- we're trying to get some clarity on the economic tax plans from both candidates. i was being a little bit facetious saying that the uniparty might want this. because we are seeing some crossover between both sides. the latest -- i mean, what do you think a credit card interest rate caps. >> let's start with the economic -- i'm not for price setting, no matter who proposes it. federal government price setting, i think, is not the right approach. but that would have to be voted on capitol hill, and that has not passed. and it's not passed even when democrats had super majorities in the house and the senate. so let's getback to t
it might be the end of the gensler regime and could be a new regime as treasury secretary for gary gensler> there's all sorts of rumors about what gensler wants. that's a great parlor game here in d.c. i think that's what a few progressive senators want out of gensler and out of a harris presidency. but we'll see what actually vice president harris says about this. if she says anything about it, which she currently hasn't. >> what do you make of what you're seeing -- we're trying to...
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Sep 17, 2024
09/24
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off of crypto, and he'll it to decide who's the next sec chair, and he's made it clear he wants gary gensler of applause when he said that at the bit coin conference in july but it's funny to see the crypto guys are actually the ones i talked to our very down on this new project. >> why? >> they loved it when trump was out there promoting their made- up coins but now that he's got his own made-up coin, they're like well, not so fast. like we got the thing you're supposed to be talking about. don't be like discrediting our space with some new thing with your business partners. >> could we also be clear it's not like kamala harris is anti- crypto? she's saying i want to look at it with fresh eyes. she's talking to different people in the industry. she's talking to current regulators. it's not like if you are for crypto, trump is your boy, if you are anti-crypto stick with harris. that's not the case. >> the other thing, crypto is a speculative play. it is not a replacement for fiat currency. the evangelical kind of interest that surrounds crypto initially was this idea that eventually it can r
off of crypto, and he'll it to decide who's the next sec chair, and he's made it clear he wants gary gensler of applause when he said that at the bit coin conference in july but it's funny to see the crypto guys are actually the ones i talked to our very down on this new project. >> why? >> they loved it when trump was out there promoting their made- up coins but now that he's got his own made-up coin, they're like well, not so fast. like we got the thing you're supposed to be...
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Sep 16, 2024
09/24
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eastern speaking with gary gensler as well as senator warren who is calling for the basis point cut andator kennedy. it all begins wednesday at 1:00 p.m., as i said. >>> coming up, apple having its worst day since early august as they warn of sluggish demand for the iphone 16 and the shares are now track to post their first month in a year. after the break we'll ask professor aswath damodaran. his warning and advice to investors is next. >>> plus new risks to the business models could threaten amazon's low-price competitors and even the dollar stores here at home. we'll explain that aadn hehe o"t exchange." into the night. it's all the things that keep this world turning. it's the go-tos that keep us going. the places we cheer. trust. hang out. powering more businesses than anyone. powering possibilities. >> i had 20 years of experience as an hr professional and i had reached a ceiling, so i enrolled in umgc. i would not be the person that i am today had it not been for the partnership with umgc. welcome to the now way to network... they switched to juniper's ai-native network. so they
eastern speaking with gary gensler as well as senator warren who is calling for the basis point cut andator kennedy. it all begins wednesday at 1:00 p.m., as i said. >>> coming up, apple having its worst day since early august as they warn of sluggish demand for the iphone 16 and the shares are now track to post their first month in a year. after the break we'll ask professor aswath damodaran. his warning and advice to investors is next. >>> plus new risks to the business...
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Sep 12, 2024
09/24
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the second part is a house investigation which i find fascinating into gary gensler: and you know, listene gensler. gensler's famously progressive, you know, elizabeth warren acolyte. but it's interesting, jim jordan, james comer, patrick mchenry, they're launching this because virtu ceo, a guy i know very well, f oia'd some documents from the sec after the sec -- liz: freedom of information -- >> yeah. and came up with this interesting e-mail, gensler to the a private sector person, they were explaining -- he was applying for a job at the s exc. the private sector said i'm the right ideological, i'm paraphrasing a little bit here, i'm the right ideological mix for you and your sec. and what the republicans are saying is, hey, this is not the way the sec's supposed to work, you know, hiring people based on ideological -- liz: political leanings. >> yes. ideological grounds. they're supposed to get the best people. it's allegedly an independent agency, bipartisan at least going back -- i've been covering the sec for years, i know democrats that were in that job, famously bipartisan, both p
the second part is a house investigation which i find fascinating into gary gensler: and you know, listene gensler. gensler's famously progressive, you know, elizabeth warren acolyte. but it's interesting, jim jordan, james comer, patrick mchenry, they're launching this because virtu ceo, a guy i know very well, f oia'd some documents from the sec after the sec -- liz: freedom of information -- >> yeah. and came up with this interesting e-mail, gensler to the a private sector person, they...
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Sep 27, 2024
09/24
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chair gary gensler yesterday talking about a need for crypto regulations.n. good to have you in-studio, start, but i still think people that are proponents of crypto have to feel good about what's happened in the last six months or year? even though legislation is still not here? >> yeah. we still continue to work for a digital framework here in the united states. >> senator, we dropped your mic. pick that up so we can hear what you're saying. >> the european union's ahead of us. they began to regulate very effectively in january of 2023. so we're behind the eight ball here, and the united states should never let other countries get ahead of us with regard to financial services. >> watching how it's played out has been odd, right? it involves the gentleman we just played a sound bite from, that's chair gensler, and almost dragged, kicking and screaming after court decisions and then etfs et cetera, where i thought yesterday, seemed a little bit less hostile to bitcoin and maybe some of the top tier -- >> the way he explained it yesterday, is that this will
chair gary gensler yesterday talking about a need for crypto regulations.n. good to have you in-studio, start, but i still think people that are proponents of crypto have to feel good about what's happened in the last six months or year? even though legislation is still not here? >> yeah. we still continue to work for a digital framework here in the united states. >> senator, we dropped your mic. pick that up so we can hear what you're saying. >> the european union's ahead of...
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Sep 9, 2024
09/24
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> i think the biggest applause line at the bitcoin conference from donald trump when he bashed gary genslerry. >> gensler doesn't have a lot of fans. >>> turn back to apple, the company expected to unveil its newest watches, air pods, lot of things as well as the latest apple intelligence. joining us to discuss evercore's isi, $250 price target and as you expect a buy rating as well. what do they have to do today for you and other investors to be happy? >> i think details on the apple rollout in terms of the feature set, the siri 2.0, you know, does that come out in september or later, and the scope of the geographic rollout of apple intelligence are two things people will focus on and ingredients that will decide if this is going to be a super cycle in the next 12 months or going to be potential longer cycle. those are two things we focus on. >> and what are your expectations? do you think they're going to be successful? earlier we were hearing from steve kovach in terms of at least presenting the use case when it comes to ai given how early it would seem to be in terms of consumers actual
> i think the biggest applause line at the bitcoin conference from donald trump when he bashed gary genslerry. >> gensler doesn't have a lot of fans. >>> turn back to apple, the company expected to unveil its newest watches, air pods, lot of things as well as the latest apple intelligence. joining us to discuss evercore's isi, $250 price target and as you expect a buy rating as well. what do they have to do today for you and other investors to be happy? >> i think...
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Sep 6, 2024
09/24
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he has been very positive and bullish, said it again yesterday, on crypto, and sort of bashing gary genslerican crypto. >> american crypto. right. >> that's exciting for the crypto community in america. the s&p is down about almost a full percent right now and every sector has turned red even though cyclicals like financials which had been rallying early. the dow has gone into negative territory down 134. still to come goldman sachs chief economist jan hatzius will join us at post nine to break down this jobs report and his latest analysis on the trump versus harris economic policies. don't go anywhere. ♪ ♪ ♪ . >>> welcome back. i'm silvana henao with your cnbc news update. former president donald trump in a new york court this morning lodging an appeal against e. jean carroll. a jury awarded the writer $5 million in damages last year after finding trump liable for sexually abusing and defaming her. trump did not attend and his defense team did not call witnesses. the court is not expected to issue a decision on the appeal today, and it may not come until after the november election. >>> th
he has been very positive and bullish, said it again yesterday, on crypto, and sort of bashing gary genslerican crypto. >> american crypto. right. >> that's exciting for the crypto community in america. the s&p is down about almost a full percent right now and every sector has turned red even though cyclicals like financials which had been rallying early. the dow has gone into negative territory down 134. still to come goldman sachs chief economist jan hatzius will join us at...
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Sep 18, 2024
09/24
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chair gary gensler, senator elizabeth warren, and a host of other guests. stay tuned.rd work meets bold new thinking. ( ♪♪ ) partnering to unlock new ideas, to create new legacies, to transform a company, industry, economy, generation. because grit and vision working in lockstep puts you on the path to your full potential. old school grit. new world ideas. morgan stanley. >>> little more than half an hour to go before the opening bell on wall street. frank holland has a look at some of the morning's top premarket movers. >> i want to start with general mills. those shares are trading lower, down almost 2.5% even after beats to the top and bottom line. it's the guidance that appears to be weighing on the stock. they said they expect full year revenue to be flat to 1% growth, profit to be 1% lower to 1% higher, shares up and down just about 2.5%. >>> vf corp. shares, a price target raise. analysts say they are on track for a turnaround when it comes to cost, margins, and innovation under the leadership of ceo bracken darrell, who celebrated a one-year anniversary in july
chair gary gensler, senator elizabeth warren, and a host of other guests. stay tuned.rd work meets bold new thinking. ( ♪♪ ) partnering to unlock new ideas, to create new legacies, to transform a company, industry, economy, generation. because grit and vision working in lockstep puts you on the path to your full potential. old school grit. new world ideas. morgan stanley. >>> little more than half an hour to go before the opening bell on wall street. frank holland has a look at...