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Transcripts For FBC Mornings 20240704

House lawmakers grilling r former special counsel robert hur on his investigation into President Bidens mishandling of classified documents. Hur faced questions from democrats on his decision to include statements on bidens memory in the report. Republicans pressed him on bidens ghost writer and his motivation to keep those classified documents. Watch. The evidence and the president himself put his memory squarely at issue. We interviewed the president and asked him about his recorded statement, quote, i just found all the classified stuff downstairs, end quote. He told us that he didnt remember saying that to his ghost writer. He also said he didnt remember finding classified material in his home after his vice presidency and he didnt remember anything about how classified documents about afghanistan made their way into his garage. My assessment in the report about the relevance of the president s memory was necessary and accurate and fair. February 8th, the white house, question, mr.

Transcripts For FBC Kudlow 20240704

Edward lawrence sat down for an interview with treasure secretary janet yellen, does not care much you can borrow and tax your way to prosperity,. Have former embdirector in Trump Administration, russell vote. Either tiktok will be banned or bytedance has to sell it off, fcc commissioner and former chair will weigh in, democrats going to block weapons to israel in i dont think so. But who knows. Later on. Voters did not like joe biden state of the union message. Why dont men want to work, David Bahnsen will tell us about, that first up, Edward Lawrence sat down with r treasury secretary janet yellen in kentucky. Good work we lost him. I see him, he is not treasury secretary here, says janet yell yellen said rate of inflation will fall more this year, overall prices remain too high, she believes that rent is one reason that inflation will come down this year, once the new leases cycle through, i asked her about overall prices up, 18. 95 under President Biden since the month he took offi

Transcripts For FBC Kudlow 20240704

Kudlow, im larry kudlow. All right, biden classified documents, special counsel robert hur testified on capitol hill today and made it quite clear that joe biden willfully retained classified materials after the end of his vice presidency and is guilty. Well talk about that with steve forbes, Jason Chaffetz, sean duffy, if we can all stand it what a threesome. Our own taylor riggs and Breitbart John carney on bidenflation heating back up. Gordon chang says tiktok must be divested from Chinas Bytedance or tiktok will be banned in america. Newt beginning rich on Donald Trumps republicans becoming the party of the working class and joe bidens Big Government socialist budget. Finally senator Tommy Tuberville will talk about the far left woke stuff in joe bidens fantasy budget. First up, lets go right to Jacqui Heinrich live from the right house on the robert hur business. Jacqui, what can you tell us . Reporter the white house wanted special counsel hurs testimony to reaffirm his reports c

Transcripts For CNBC Squawk 20240704

Too. The two propelling at the dow, the nasdaq. We eke out another tenth of a percent. Lets take a look under the hood and see whether the gains are falling and how theyve been distributed across the board. Its only paused at the sector level. A couple of patches at the red. At the top, retail. At the bottom, mercedes. Were down 0. 2 . Insurance names, prudential giving back some territory. In the production basket, were sliding there. Telco, slightly underwhelming, ive got to say. Were doing a compare contrast. Were noticing some green arrows. Banks are doing high. Paribas close to 2 for the french banking company. Industrials are up. Food and drinkimproving this morning. Games, travel and leisure, the likes of accord all up 1 . Telco technology, i should say, up by half a percent. Retail is the one right at the top as we see it bounce on the 1 . The likes of indo techs getting there higher. To the early moves on the indexes, thats a tenth of a percent plus. Stronger is what were seei

Transcripts For CNBC Squawk 20240704

Read tomorrow. Not so invisible. The chip giant notching its biggest stock reversal in nearly seven years and the biggest single day percentage decline since last may, plus targeting tiktok. Theres a bill thats moving through Congress Pretty quickly that could ban the social media platform in the United States. President biden says if, in fact, it passes congress, hell sign it. Lets begin with what will be a very busy week for the markets that ended friday with a losing week for the s p. We havent done that for a few times, but it didnt stop your former employer. That is true. Berens. I think the nature of the decline, you mentioned the reversal in nvidia and we had an almost made to order jobs number and the market didnt exactly shrug, but it wasnt able to capitalize on it. It highlights a couple of the things people have been suggesting would be a test for the market, which is its become a bit overreliant on pure momentum on certain segments meaning the types of stocks that are doing

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