mike warner in town from hong kong. guy? >> pretty cool.stion, did jim one-side the -- it's as far apart as two sides can be. i would tend to agree with chenos. but you have boots on the ground. the whole thing does scare me. the shadow banking thing. the fact there was a default a couple weeks ago scares me. it hasn't scared the market yet. >> we talked about copper and how much that's come down. what does that do to other products, other countries? we're looking at the yuan ban being widened. people are talking about potential derivative losses we don't know about. it's all about who has to mop this up. and if the banks are left holding the bag, that's a problem. >>> it has yet to be released. but the iphone 6 is one of the most-talked about tech products of 2014. brian marshall comes to explain why the size of the screen is its biggest selling point. no two people have the same financial goals. pnc investments works with you to understand yours and helps plan for your retirement. talk to a pnc investments financial advisor today. ♪ gundy

mike warner and i have been working for a long time to craft a senate bill 1217 to deal with reforms.inance based on the conversations we're having, i think you're getting to a place where we may have a markup in the very near future. it is the one thing that on a bipartisan basis that actually has substance that i think we'll may well do this year. tax reform will not happen this year. i do not think immigration will happen this year. i would like to see both of them happen. ishink progrowth tax reform something that our nation badly needs. i was glad to see dynamic scoring come in from cbo. isis a huge step forward and a victory for dave camp and our nation to be able to measure and account for those kinds of things. we are not going to see tax reform happen this year in my opinion. >> you have three questions. >> thank you. the uaw says you are trying to intimidate workers. history with the uaw. you try to negotiate a deal. can you respond to that? history, doesg that go into your comments at all? i should've mentioned that in my opening comments. i was on008, back when the banking commi

participate in the all-nighter on the senate floor while mark warner, who is facing re-election, is not scheduled to attend. bret. >> mike emanuel live on the hill. thank you. >>> still ahead, north korean election results. and nsa leaker edward snowden with a u.s. constitution backdrop from moscow, talking about human rights. how many things are wrong with this picture? we'll be right back. [ female announcer ] we'll cook all day today, but we're not staying in the kitchen. just start the slow cooker, add meat and pour in campbell's slow oker sauce. by the time you get home, dinner is practically done. and absolutely delicious. everne is cooking wiew campbell's slow cooker sauces. >>> u.s. intelligence officials are planning a huge electronic system to monitor the behavior of many of its 5 million federal employees with secret clearances. the system is intended to identify rogue agent, corrupt officials, and leakers. it's to prevent cases similar to nsa analyst edward snowden. mr. snowden popped up on a streaming video chat today. the optics, as political observers say, were stark. snowden blasted american liberty viola

warner, and i know i like disney. i should put it up there with viacom. and mike white, who has the privilege of being with mike, a close friend of mike white the other night, who was saying mike white is the great american executive we don't talk enough about. he's right, you're right, own the stock. george in illinois, george? >> caller: hi, jim. >> you know what, i want to let you know that us people at home, we love your enthusiasm, your passion, and your honesty. we love it. >> thank you. i've been taking so much heat @jimcramer on twitter lately, i kind of avoided it today. i'm kind of hearing what a bum i am when i'm not a bum. there, i defend myself. >> whenever you talk, we want to hear what you say. >> well, thank you. >> caller: jim, given the upswing in the market in 2013, i'm going to pick apart one dow component, which is at&t and i'm going to ask you, in your opinion, is that a broken stock, a broken company, or a broken ceo? >> nothing's -- no, ceo's fine. at&t is, it yields 5.5 1/2, it yields 5.6. i would buy it. if the market is down tomorrow and

mike, jimmy, jimmy, cut my-- (laughter) (cheers and applause) back on, thank you very much, jimmy. all right. no free ride, healthcare.gov. [bleep] (laughter) now folks, if you watch my show you know the cold warner ended. if it did, then who nuked detroit? and ever since-- i know it's sad, it's sad. ever since the fall of crimea we have been a cold war of words. >> russia has unleashed its propaganda machine. >> its propaganda war continues. >> this is a propagana standoff. >> stephen: and no one is better at propaganda than russia. and a famous man once said a lie told often enough becomes the truth that is a great quote. and i'm the one who said it. yes, that was me. i said that. now it is mine. (cheers and applause) and vladimir putin, president of russia has tightened his grip on the crimean media because all ukrainian tv channels have been blocked in crimea so crimeans now have no access to their favorite ukrainian shows like so you think you can perogue and the real mail order lives of odessa. and the russians have been secretly fighting this propaganda war since 2005, with a secret network of a cable network. vladimir putin's government may be puffing propagana into the homes of millions

mike white to discuss a possible merger of the satellite tv companies. according to several people with knowledge of the matter. one person said he made the response to contest 45 million dollar acquisition of time warneruary. >> king digital entertainment falling 16%. the maker of candy crash with on the first day of trading after raising 500 million in the ipo. of 7 billion dollars. coming up on the close of trading. dow jones ending in the red. [closing bell] >> we want to get straight to the news at this hour. erik schatzker is here with all the details. michael mckee, eric? >> it has to do with citigroup. stress tests, formerly known as the capital comprehensive analysis conducted under the dodd frank act. citigroup failed. citigroup, as every bank did, asked the fed for permission to return more capital to shareholders, an increase in its dividend, currently a penny for the larger buyback. citigroup rejected the fed on a qualitative basis. qualitative basis? >> there are two bases under which the fed qualifies the bank. the quantitative basis, the numbers-based analysis of the bank's capital with zillions see, let's say, and a qualitative that takes into consideration things like internal control

something before them at the same time comcast and time warner is before the doj and the fcc because it would either be yes to both or no to both. but mikehat board my sense has been for some time, looked askance at a potential transaction and believe the regulatory hurdles would be very difficult and that the problems or the management focus would perhaps be moved to other places during that time that they were seeking approval. so, we'll see. also, i don't believe there are any full engagements going on between both sides at all. did charlie erogan said let's do it. that's absolutely the case. >> you raise a good point. they are very good ceos and it sounds like mike white is saying don't distract us, we're putting together great numbers here. >> latin america very important for dtv in particular, but, yeah, you can't rule it out. timingwise would be interesting. the other factor i would introduce here is the idea of at&t and dish. >> yes. >> that's been out there for a long time. if there is a sense on at&t's part that there is something really significant under way here, would at&t choose to perhaps make a move. something you can't d