why do you think he left usc in >> and that is stephen hays, pete. he is a truther?ot there. >> and we are running out of -- >> it is important investigation. our senior producer and line producer and everybody in the booth are from massachusetts. so there you g. right here for out numbered. gen and john, "happening now". >> we start out with a fox news alert. the white house responding after house speaker boehner invites netanyahu to talk to congress. >> he invited him to talk about the threat posed by iran. the unhappy white house calls boehner's invitation a breach of protocol. we are covering all of the news "happening now". >> we are a economy where only a few of us are wealthy. >> president obama hitting income inequality head-on. and that is chances for everyone making the

stephen engle's on top of this. >> we've seen with market checks that these brokerages are taking -- taking. >> down 3%. >> the biggest. keep in mind citic and hai tong had planned a share sale. the business had been booming prior to today's fall. what happened today, the securities regulator suspending three of these top brokerages from adding margin on it and securities lending. so basically, they cannot borrow money to buy into what had been a huge rally. a lot of people have been borrowing on margin. basically suspended from doing that three months. another nine brokerages punished for various reasons as well. there is speculation as to why they did this. did they want to cool down the rally? or are they just trying to make sure they're playing by the rules? the securities regulator in this statement right eight, when they announced punitive measures basically said that the firms let customers delay re--- repaying refinancing longer than they were supposed to. >> so we have a margin call on these companies to make a margin call, in effect. >> and these are companies that have been having problems before this rally as well. they had been more

stephen engle's on top of this. >> we've seen with market checks that these brokerages are taking -- taking. >> down 3%. >> the biggest. keep in mind citic and hai