tom: steven wieting is with us from citigroup.ames stavridis is with us later. , our guestsorning from columbia university. joe staley its. iglitz later today. ♪ morning, speaker ryan. hope you are well. washington waking up on monday with a new speaker of the house. pageantry last week of a new speaker of our house of representatives. speakerw we have a new for business news. vonnie quinn is not here. here is david gura. visa has agreed to buy a former subsidiary of visa europe. the lack of contributions from europe has long been seen as a weakness for visa. the fiat chrysler jeep is a huge hit. -- consumers do not seem to care. jb is closing on the second straight -- jeep is closing on the second year as the fastest-growing automaker in the u.s.. -- thatral reserve will is the bloomberg business flash. francine, over to you. francine: saudi arabian officials are said to be creating a special department to control government spending. country leaders are trying to curb spending as oil prices have ravaged -- this has a huge impact