Benefit more under his tax proposals. He will lower the pass through, and that will lower the Capital Gains so thats Utter Nonsense thats reform. Jim, nice to see you today. Its 8 00 a. M. In seattle, 11 00 a. M. On wall street. Squawk alley is live. Welcome to squawk alley, im Carl Quintanilla with kayla. The dow has gone positive for the week. A big day for bank earnings. Jpmorgan moving higher. Profit down year on year, but the company saw record income in commercial banking. Citi in the green after earnings and revenue topped expectations. Fixed income a bright spot, up 35 on year on year. There is wells fargo, despite the drop in income days after chairman and ceo john stumpf resigned. Plenty more on wells this afternoon, the cfo will join closing bell at 3 00 eastern time. Goldman is leading the dow. Some of these metrics if you look elsewhere, other than wells, pretty good. Even things like expenses working in their favor. Settlements, reserves, acting more like a tailwind inste