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Transcripts For CNBC Squawk Alley 20170814

Good monday morning. Welcome to squawk alley. Were at post 9 this morning jon fortt is off this week also joining us on the phone today from morgantown, west virginia, is kara swisher. Good to have you with us this morning. Busy day this morning merks ceo stepping down from the president S Manufacturing council. Weve been looking at that story. Good morning. Heres a statement from ken frasier of merck our country strength stems from the diverse contributions made by men and women of different faiths, race, sexual orientations and political beliefs. As a matter of pefrnl conscious, i feel a responsibility to take a stand against intolerance and extremism. That resignation by ken frasier of merck did not go well with the president who put out a tweet shortly thereafter, really within the hour saying that now that ken frasier of merck resigned from the manufacturing ago council, hell have more time to lower ripoff drug prices so the president going on the offense here against ken frasier

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