And also a cnbc contributor. And a writer for your favorite newspaper, the new york times. There are some things from the federal reseventh. Reserve a lot of openings i l a lot of openings. And in three weeks, the president will make a decision on whether janet yellen stays or thats right. Usually the new president gives the old fed chief a a carry over. Hes a real estate guy. She has done well on starting the exit and she has done well in terms of her relationship with the president other people are eager, theyre being promoted from different circles, including up here in new york you look like the head of the he looks like he could be a ceo. Yeah. Thank mean, if thats all it took, you would be shoein same color hair as janet yellen 2529 on the s p did you see that yeah. Equity futures indicated higher this morning. Take a quick look at that. Overnight in asia, we did see positive news. There is this country up 2 on the s p. Dow jones indicated 4. Big gain yesterday for the dow jones. Theres the nikkei and the kospi, both indicated higher i saw european equities were green for the most part. Probably a bit of catch up from yesterday. Then crude, which has been solidly above 50 for a couple weeks now. Today 50. 48. In corporate news, wells fargos Ceo Tim Sloan heads to capitol hill to face the Senate Banking committee. He will be pressed on the banks handling of that massive account scandal. He will say the company recognize toad late the stull scope and seriousness of the problems in the Community Bank he will also say wells fargo is a better bank today and that a year ago his testimony comes a year after john stumpfs hearings which played a big part in his resignation. Wells fargo shares are about flat, but down a half percent over the past year. And in washington, Richard Smith will face a tough grilling by lawmakers he will testify before a house committee. Investigators will focus on why it took 40 days for the company to notify the public of a massive data breach. There are also questions about three equifax executives selling shares before the hack was announced. And yesterday an investigation found the equifax data breach may affect 2. 5 million more consumers than previously thought bringing the total to 145 million. Uber, the ceo is in london today, meeting with the citys transportation regulators after they decided not to renew ubers operating season ubers board is meeting today to consider several proposals, including to diminish founder Travis Kalanicks role within the company. Really, theyre not going to be in london . Whats your favorite toothpaste back in the tube, genie back in the bottle all very good metaphors i think toothpaste back in a tub. You cant possibly do that you can put shampoo back into a bottle not after you used it no impossible seriously, in london . Are they living in 19th century london they have these black car services unbelievably expensive. People have been using uber. Those black cab drivers are well organized its tough the unions and organizations against free market. Weve seen this movie before, entrenched industries, they are not going to move until someone moves them could be a negotiating tactic on the part of the city of london to extract concessions from uber. Probably security checks. Okay. The city of las vegas mourning after a gunman killed 59 people, injured more than 500 others during a Country Music festival jane wells has more. Reporter this is where the Country Music festival was happening behind this fence. A large area on the east side of las vegas boulevard. You can see mandalay bay in the background little more than halfway up and to the right is where steven paddock set up all of his weapons and his her much to cau perch to cause all of this mayhem we stayed at mandalay bay last night. Security was tighter than usual. How did he get all these weapons into his room . Golf bags, bags . Police have not revealed that to us yet the ceo praised his staff and First Responders, but also said this im also angry, really angry. So many lives were cut short, and so many have been affected but for that one lone, random, despicable, inhumane act, ive seen thousands of humane acts, acts of courage and kindness ive been up since midnight. All our properties rallied together this is the city which depends on tourism 43 million visitors just last year at the airport last evening when we were there, people were still flying in. It was a little quiet. But these trips have been planned. This is a dream destination. Did they have any second thoughts about coming . Yafrnlgts, yafrnlg yeah, we did. We decided to come any way i thought it would be fun not at all. Why number one, he killed himself. I feel its time to have fun, not be concerned about anything else people will go where they got to go. Got to do what you got to do theres not anywhere safe i live in northern virginia, 15 minutes out of d. C. , just saying theres not really anywhere you can say is 100 safe mccarren airport is saying people who lost their i. D. S here and want to get out of dodge can still get a boarding pass, but they have to fill out more paperwork, potentially also go through additional screening but they are allowing them without a drivers license and i. D. To try to get a boarding pass thanks, jane. Everything were doing today this is you know, we do it, but in the front of all of our mines is the families, the 500 people that are still in just horrific pain and suffering. Im looking at an instagram of jason aldean great country star says over the last 24 hours ive gone through lots of emotions. Scared, anger, heartache, compassion, and i truly dont understand why a person would want to take the life of another. But something were all dealing with and were talking about stock markets, and wells fargo who gives a crap, you know because we have to this is in the its not over yet it shouldnt be. Thank you. Now well try to figure out what we do with this. Lets bring in the Suffolk CountyPolice Commissioner the comment from the latest from las vegas, we talked offcamera my question to you was sort of an overall privacy versus security question. We live in a free question where you cant harden up every soft target anybody planning something that doesnt live in that city probably is staying in a hotel whether you are planning a bomb attacker, or sniper, whatever it is i dont know, is that where we are, metal detecters when checking in . This guy brought 23 guns into a hotel room, maybe it was in ski bags, golf bags, but he was able to keep going up and down that elevator with luggage to do this that theoretically wouldnt have been possible if you were checking in his stuff. Do we want to do that . The key to preparation and preventing some of these attacks is the Public Private partnership between soft targets and Law Enforcement. In Suffolk County and in new york city, we have a program called nypd shield, its a Public Private partnership where we push out information about the latest threats and we provide Consulting Services to private industry to decrease their vulnerability to terrorist episodes, terrorist attacks. God forbid something occurs, we can reduce the number of casualties that collaboration between the private sector and the Law Enforcement agencies is critical i dont know whether its o profiling or whether its Mental Health i dont know what we do about it and whether we could have figured this guy because this guy was something snapped or he was angered by something. Should have been obvious to someone. Also the see something Say Something that we talked about thats right. You raise a great point. Oftentimes vast majority of active shooters exhibit some sort of behavior whether a comment. Someone they say to a coworker or something they put on social media or some sort of behavior that shows their intent to carry out some act of violence Law Enforcements message to the public, be vigilant. If you see something, hear something, trust your gut, report it. Law enforcement agencies have been asked to step up their game to guard against terrorism and that sort of thing and we have. We increased patrols and collaboration with the private sector now were asking residents to remain vigilant. Oftentimes its a civilian who will prevent an active shooter or terrorist attack by noticing behavior early on and reporting it are we just relying on individuals to Say Something and notice something when it comes to soft targets . Who is to prevent somebody from going into a hotel at times square and prevent the same thing that he did in las vegas. We can pick up on peoples intentions to commit acts of terror we mind social media aggressively we also stay up to date on the latest intelligence bulletins. Were constantly sharing intelligence in Suffolk County we have three officers assigned to the counterterroism task force we have members of our department sitting in other agency headquarters. But theres a lot of information. It is, to some extent, we need rely on people to do the right thing. The people are our eyes and ears we are constantly asking people, if you hear something, see something, Say Something this case, you have a big concert, someone in the tower of a hotel, what could they do . How would you prevent Something Like this . Theres no evidence of social media comments by this character. Its unclear if this was preventable. I think we talked about one of the issues early on in the show is could the hotel provide some sort of security protocols in terms of baggage search, particularly when someone has so many items of luggage. So certainly theres no question that the hotel will be looking at security protocols to see if they could have done something differently here thats the whole point of the shield program constantly updating the private sector as to what they can do better to prevent active shooters, to prevent terrorist attacks. Well examine this situation and no question well bring corrective action to new york. Unfortunately we learn from tragic incidents in Law Enforcement. We need to keep updating or policies and practices if you could snap your fingers, every hotel, you give your baggage to the bellman, he puts it through, and goes to the other side and brings it up to your room that would take a while. Expensive. But if you could do it, and they were there i do think that would make things a lot safer yes those who are concerned about privacy issues, you know, i would say when youre staying in a public accommodation, when youre using mass transit, public transportation, you lose a lot of your expectation of privacy. And in this day and age, when we have this threat of lone wolf terrorists, active shooters, we need to be extremely vigilant and Law Enforcement, were asking folks to recognize that, to understand that, and we need to do our job to keep people safe people need to understand that richard i just want to thank him for what he does. All those guys. Thank you very much once again, everyone else running away, those guys running towards. The Police Officers are trained to run towards gunfire if you think about that for a moment, it highlights the heroism of our First Responders. Exactly all right. Thank you. Its tough i dont know what answers are. We do this too much, talk about this seems like its too much thank you. Earnings just in from home builder lennar the company beating estimates by 5 cents. Home deliveries up 12 new orders increasing by 8 . In the report, lennar said about 120 Home Deliveries were delayed because of hurricane harvey. They say damage to the community because of the hurricanes was small. Tom petty died he was rushed to a hospital from his malibu home after being found unconscious and in cardiac arrest he was placed on life support and the decision was made later to remove the support. He rose to fame in the 70s with his band, tom petty and the heart breakers they put together a string of hits the group was inducted into the rock n roll hall of fame in 2002 here, i wont back down was another song that he was known for. Also a member of the Allstar Group known as the traveling willburies over his career, petty sold more than 80 million records worldwide. He was 66 years old, too young very young. I remember a great super bowl performance from tom petty and the heart breakers i mentioned earlier, theres a couple of iconic moments in film that featured tom petty. Jerry mcgwire, silence of the lambs. Having kids, in barnyard, an animated film. I missed that one you were watching that. Youve seen it ten times. I have. The cow he is a cow. Hes a he, but a cow gender neutral. But he was not backing down to the coyotes. Any way. Coming up, President Trump will visit hurricane ravaged puerto rico today. Contessa brewer will tell us what kind of reception the president can expect opportunities arent always obvious. Sometimes they just drop in. Cme group can help you navigate risks and capture opportunities. We enable you to reach Global Markets and drive forward with broader possibilities. Cme group how the world advances. Whentertaining us,es getting us back on track,hing . And finding us dates. Phones really have changed. So why hasnt the way we pay for them . Introducing xfinity mobile. You only pay for data and can easily switch between pay per gig and unlimited. No one else lets you do that. See how much you can save. Choose by the gig or unlimited. Xfinity mobile. A new kind of network designed to save you money. Call, visit or go to xfinitymobile. Com. President trump will fly to puerto rico today to view the devastation from hurricane maria. Residents there are still struggling with basic necess necessities. Contessa brewer joins us now good morning. President trump and the first lady will land just after noon at the National Guard base in san juan hes going to meet not only with the governor of puerto rico but also with the governor of the u. S. Virgin islands, also hard hit by the hurricanes. Theyre going to meet on a u. S. Navy ship responding to the disaster in puerto rico. The president is unlikely to see the kind of damage that we saw firsthand when we were driving the island in a jeep barren mountains, hundreds of miles of downed lines and cell phone towers infrastructure just wiped out. And the people theres so much desperation for food, running water, medical Services Much less electricity. While in san juan there is no indication that the president will meet with the san juan mayor here carmen cruz and trump were engaged in a twitter battle. The president criticizing her response to the disaster she pressed back that people were dying and now she is pressing for a moratorium of ten years on any repayment of public debt and whatever Hurricane Relief aid that comes from the federal government to be distributed in the municipalities here. She wants some control over the way the money is spent in her city contessa, thank you terrible story here continuing to unfold. Our guest host is Richard Fisher what can we do here stateside to help with puerto rico. This is a country already buckling under tremendous debt levels prior to this hurricane tremendous organization maladministration. Im on the board of at t we were the first nonmilitary aircraft on the ground, flying inasmuch as we could. Flying in generators the needs are so extreme if you cant communicate, First Responders cant get anything done i think this ought to be taken as an opportunity to update that infrastructure, make it more modern insist that it be administered more properly. It has been, as you know, under financial enormous duress and maladministration. I think they have to correct this fighting between the mayor and the president doesnt serve a purpose. Its the need to address the changes that have to take place. By the way, today is an interesting day in history 1975, on this day, moodys downgraded new york city and we were on the verge of bankruptcy. Thats how bad things were here. This is on the mainland, in new york, a unique place but it was a horrible tragedy at that point no trash was being collected, rats on the street take advantage of this bad situation. Its horrible, horrific, clean up your act, and help them clean up their act thats my simple remedy. Not going to be easy if should be down. These are american citizens. We forget about houston and irma i havent forgotten about houston. Were talking about puerto rico and youre from texas. In houston, the real key to success is not only the great people from fema, the private sector went to work. They banded together i have a friend who is the ceo of a Major Company he has a totally unknown Family Living in his house. Just took people in. Well, this is the kind of Community Relations that the corporate sector, the private sector has to do on their own. Theres not a big one in puerto rico your Unemployment Rate was 20 plus i think we need to take advantage of this, use it constructively, and help them prepare themselves not just for future storms but to have an economy thats vibrant and prosperous not easy what do you think . I think that it got political to some extent its a shame. I dont like it i think its disgusting. I want everything that can possibly be done for puerto rico to be done just watching things that happen sometimes, i wraatch in congress lately you know how i feel about congress, guilty of at least its not president the congress should be getting things done. All right we solved that problem. Coming up, we will talk strategy with daniel schwartz. He will join us love from the sohn tel aviv conference as we head to break, heres a look at yesterdays s p 500 winners and losers not rebalancing