the s.e.c.ad exceeded their authority with the lease. they found the s.e.c. had a history of mismanaging its lease authority. recent actions taken by the s.e.c. seem to under indicate the agency has not learned from the past and this is why i would urge support of h.r. 189, which would revoke the s.e.c.'s leasing authority for the general office space and bring them in line with current leasing practices through the general services administration. i'd urge support for the bill and reserve the balance of my time. the speaker pro tempore: the gentleman reserves. the gentlelady from oregon is recognized. ms. hoyle: i rise in support of the securities and exchange commission real estate leasing authority revocation act. this bill revokes the independent real estate leasing authority of the executes and exchange commission, or s.e.c. congress granted the s.e.c. independent leasing authority in 1990, which means the s.e.c. does not use the g.s.a., the general services administration, for its real est

the s.e.c.ing short of elon musk as the regulator shoe it is richest man over and i ledged failure to reveal his twitter stake before his take over. european futures pointing to .2 of a percent. there is some expectation there will be a bet of a holding pattern. then of course, u.s. inflation later in the day futis .22%. -- futsi, .22%. we focus on the treasury. there may be some movement around treasuries and how much volatility there will be around the inflation data as investors adjust or readjust their views on the federal reserve and rate cuts. 4.77. the pound softer again in the session. down at 1.22. brent trading higher by .0% and gold is gaining just shy of .2%. yoon suk yeol has been arrested after a raid in his residence. he's agreed to be questioned over his short-lived martial law declare ration. >> today, when i saw them break into the security zone with firefighting equipment, i have decided to accept appearance of the corruption investigation with high ranking officials in order

preview straight ahead. >>> s.e.c.ll join us to reflect back on his job as wall street's top enforcement officer and what wall street can expect from the next administration. we've got the big exit interview this morning. you don't want to miss it. "squawk box" coming right back. (luke) people love how the new homes-dot-com helps them get quick answers about any property by connecting them to the actual listing agent. (agent) i'm getting great exposure. (marci) speaking of exposure, could we get him a hat? (luke) ooo, what about a beret? (vo) homes-dot-com. we've done your home work. >>> big banks are going to kick off the fourth quarter earnings season. tomorrow jp morgan, wells fargo, goldman sachs and citi report. joining us with a preview is jason goldberg. barclays, which is a bank, senior equity analyst, is it possible for you to study yourself? you know, there are philosophical questions, can't, and go doubt it, that it's not possible really. philosophically to do this. should we trust you n this, jason? >> you

s.e.c. to watch the grind it out, midwest teams play, but notre dame did just enough to win last night. you think they have a shot to win the whole thing? >> i'm not that optimistic, willie, because, as you watch their games, every game is a slog. they're incredibly well coached by marcus freeman. especially with ohio state, which most people think it will be, it seems like they're on a different platform. by the way, speaking of the s.e.c. to you and joe, it could have been a lot worse this morning if penn state had won. we had the possibility of an all big ten national championship. that would have made the three of us head for the hills. >> boy, you know things are bad when a reporter on alabama football is celebrating a notre dame win! it's as if he doesn't remember 1977. >> hmm. >> i mean, come on. which, by the way, might be a rematch for those who remember when notre dame jumped from five to one by beating texas. we may have a rematch there. hey, pablo, serious question here. you know

. >>> the s.e.c. is charging two robinhood broker deal dealers securities violations and a $45 million fine. the two related dealers violated more than ten separate securities law provisions related to the operations, including failing to report suspicious trading in a timely manner. we're seeing shares up 1.5% in the pre-market. >>> days ahead of donald trump's inauguration, the european commission is reportedly reassessing its probes into apple and meta and alphabet digital market apps. the review to lead to a reduction in the range of investigations adding all potential fines will be paused during the review. frank, the companies have asked the incoming administration to intervene on what they characterize as overzealous regulations. >> interesting. silvana, thank you very much. see you later in the show. >>> turning back to the broader markets and the nasdaq trying to snap a four-session losing streak. a strategy that blackrock says is 100% correct at these levels. >> if you look at tech and the s

and the s.e.c. now holds them and it's their only hope.tell you what's even worse than that, guys, if penn state somehow beats notre dame in the orange bowl on thursday night and then texas falls to ohio state, think about this, we have an all big ten national championship. that will not go down well in my part of the world. >> all right. espn's paul finebaum and pablo torre, thank you both very much for coming on the show and going way over the top of the hour. >> thank you, mika. >> next time we'll keep it tight, but it's really good. >>> okay, let's go to live pictures of the nation's capitol where congress will certify donald trump's win this afternoon. in many ways, today will be different than four years ago. no one expects a mob. the capitol is heavily secured and the transfer of power is expected to be peaceful, as washington, d.c. also braces for a major winter storm. vice president kamala harris presides over the process of an election. she lost this past november. this is the first look of her message about her sacred role in ce

you know, with the new administration comes new people at the doj and the s.e.c. the new administration puts a new set of perspectives, priorities within the government. >> right. >> and with that i just want fresh eyes to look at it fair and objectively and look at this case for what it is and say, oh, there's no there there. that's what i'm looking forward to. >> but i imagine your hope even by talk about this here is that you're hoping that there are fresh eyes that look at this case and look at it differently, no? >> i mean, of course. like i said, i'm not looking for this being a partisan issue like, oh, now this new administration favors this type of behavior. this type of behavior is fine in any administration, i'm putting honest information in the marketplace. >> just on a very personal level how scared are you? and i ask that -- no, i ask that because you have a great confidence to you and we've talked for many years and you've been on the air talking about all sorts of things over the years, but, you know, if you were to lose this case, this could includ

i feel krft that the trump administration won't pursue crypto as much as the larry gensler s.e.c.are the implications? could it rise in scams? wouldn't that hurt crypto if people lose confidence in the validdy. stick with bitcoin. conversely, many industry leaders said they are craving clear rules of the road from the federal government about crypto. something that the biden administration has reluctant to do. it preferred to regulate enforcement. biden did that constantly. maybe the ecosystem gets clear rules. in the end, we don't know how trump will help crypto and we are looking forward to clarity on that front. i wouldn't bet against bitcoin. bottom line. there you go. those are more -- that's my 25 questions for 2025. now we move forward-looking for answers. hopefully, you will come away from tonight's show with a better idea of what you should be watching out for this year so you can make more informed decisions as the answers come rolling on down the road. "mad money" is back after the break. i had the worst dream last night. you were in a car crash and the kids and i were

secondly upcoming inauguration of donald trump, promised to grow the crypto space and the departure of s.e.cgary gensler led a crackdown on cryptocurrencies. why you're seeing bitcoin up. scott? >> all right. kristina, thank you. >>> still ahead, wells fargo and citi moving higher following the fed's top bank regulator resigning. what that move might mean for the rest of that space coming up. back to "the bell" after the break. carl: believe me, when it comes to investing, you'll love carl's way. take a left here please. driver: but there's a... carl's way is the best way. client: is it? at schwab, how i choose to invest is up to me. driver: exactly! i can invest and trade on my own... client: yes, and let them manage some investments for me too. let's move on, shall we? no can do. client: i'll get out here. where are you going?? schwab. schwab! schwab. a modern approach to wealth management. >>> we are back. showing you shares of fub owe-tv surging on news of a deal with disney's hulu+ live tv. look at that stock. unbelievable. for more on that story, don't miss a first on cnbc interview wi

think we should watch, you know, speaking of the new administration, there will be changes to the s.e.che ftc, and doj without question, the leadership will change and there will be a new agenda. and i think that will bode well for the big tech companies, the tech industry in general, whether that's public or private. because we'll see a loosening of regulation around things like a.i. i think we'll see a little bit of loosening around the impact of the scrutiny that is supplied toward big tech, when they look toward acquisitions. we'll now see a shift with this new administration away from trying to break these companies up and just trying to, you know, make sure that there is more behavioral changes. so that's good. we'll see more m&a, which also, again, back to funding innovation, capital will return as a result of m&a activity as well. all these factors will lay well, i believe, for the next four years with this new administration. the changes they'll make. loosening cryptocurrency. i think this is going to bode really well for people interested in the technology sector and things th

estimates and economic models, plus what we've gleaned from shareholder -- annual shareholder reports and s.e.cut again, as i noted earlier, the really important point to flag here is that roughly 55 of the f100 don't share any information. if you're a shareholder, you're pretty much in the dark about the relationship between china and the fortune 100 companies. that is a scary place to be and our leadership here, our ceos and our c-suite folks need to step up to the plate and make sure that more information is disclosed for purposes of shareholders and for purposes of the american worker and american consumer. maria: it's interesting, i've got a list here of all of the new or relatively new at this point national security laws that communist china put into place ever since marching into hong kong and throwing freedom fighters like jimmy lai in jail and these national security laws involve the ability of communist china to march into any company it wants an basically take their data, raid the place, which we've actually seen raids happen before of foreign companies. do these major banks and oth

agencies deal with which is a user base that is not common the private sector or is not met by a private s.e.c. technology, you have the internal experts who can guide a number of different vendors towards meeting the end needs. so if there is any customization at all, you don't want to go with cots. the other challenge is a lot of stow contracts mean you don't have access to the code. so you can't modernize it yourself. even if it's fit for purpose at the time of acquisition, three to five years, you're stuck with a system that you can't change. >> very good. mr. schweickhardt, do you think the health record modernization program reflects a modular approach? >> i'm not sure it reflects any of those. i think the challenge is how to create an incremental or modular approach. and if i could touch back on one of your comments in your opening statement about underinvestment and infrastructure. you talk about modular approach. but you need a pluming or the architecture so that these different pieces can be installed easily, you know, that the door frames are a standard size so you can buy another d

the other ones, gary gensler, s.e.c.ir, was against the others because many of them are, let's just say, ill advised to buy. >> like farc coin. jim, what's on "mad" tonight? >> are you in your heavy drink phase by 6:00? >> that is the wrong idea. you asked me about brands. >> i know you don't. i know you are a club soda. you are a fresca person. you and my wife are drinking fresca. okay. i have 25 questions for 2025 that i will answer tonight. i was thrilled to work with you today. very exciting. >> fun. counting down. shakespeare references and all. >> who says we're bigger than u.s. steel? >> nippon. >> hyman roth in "godfather." we have companies with that many people. jensen huang monday night. radical. >> jim, thank you. see you later on. coming up, exclusive with the ceo of turo. the car rental service that was used for the deadly truck attack and cybertruck attack in vegas. another hour of squawk on the street" coming up. (♪♪) car, this isn't the way home. that's right james, it isn't. car, where are we going? we'

for all of the stuff that's driving every company crazy you know i mean, her her appointees in ftc, s.e.c. and all these other places that are affecting mergers and regulation, she's all the climate warriors that are bearing a state like north dakota with, 30 plus rules and regulations. one of each just one of those is the smallest is 800 pages. they typically are 1400 pages. we've run out of lawyers in north dakota trying to fight the federal government on regulation in order talked about the president being, the greatest president. the other thing that he did was he got of a lot of regulation during the time that he was office, which is a relief. so there's that when that night threw their party into complete disarray. so that would be great then. the next morning, supreme court case is started coming in the chevron deference, which is going to help the economy. that's a big win. yes. and and you have and then you have these other court cases that have been a win win, win win win for the president. and then, of course this this a mm. away from a complete change in history on saturday ni

key appointments really across the cabinet from scott bessen as treasury secretary, paul adkins at s.e.cr or we will have a crypto czar david saks an entrepreneur and former paypal executive. if people are the policy we're seeing people up and down the cabinet who have been supportive of digital assets, supportive of innovation, ai. there's this excitement and i think sort of cadence of almost a space race where the u.s. is now in a position to keep up with the rest of the world or even surpass the rest of the world and so far we have seen a number of key appointments of folks that support innovation in the digital asset space. >> arie, if you look at bitcoin close to $100,000 now, what happens? meaning how is it going to trade in the future? do you believe it becomes some kind of true electronic currency? what happens that actually brings value to all of this? >> that's a great question. i mentioned the people and the real question next is sort of what happens from a policy standpoint. we have heard a bunch of different suggestions to include a strategic bitcoin reserve, but i think wha

i've been brainwashed into s.e.c.ally by hanging out around this table, talking to finebaum and joe this often. notre dame, for the record, had not won a major bowl game, to your point, since 1994. georgia had not lost a bowl game in six years. when stuff like this happens, the 17 points in 54 seconds, on top of just a dominating run game, on top of a dominating defense, there is a wake up the echoes kind of dynamic here. notre dame is this -- my friends who go to notre dame hate when i say this, but there's been a dallas cowboys dynamic here. the brand has always drawn. it's always been so strong. it's always been one of the great television draws. they have their own non-conference, independent sort of station, above and beyond college football, notre dame does. here, finally, they make good on the premise of the promise that, actually, you might have one of the biggest brands in college football playing up to their reputation, for the first time in almost 40 years. >> let's take the next -- the semifinal games one