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The transports to record highs again today. Plus the grocery wars are heating up again. This time walmart is making a newing a b decision to go after amaz amazon very interesting a lot of people in new york city are very excited about it. Well explain coming up in a little bit. Good for brooklyn. We start with our top story right now, executives from two scandalridden companies have been meeting facetoface with lawmakers on capitol hill today. Cnbc cnbcs wilfred frost has the highlights of the wells fargo hearing, about millions of unauthorized accounts opened by that company and aditi roy has...

Just above estimates we begin with wall streets record run futures pointed to a muted open. The dow coming off a fivesession win streak. Plus broken Business Model . Elizabeth warren promising to follow the money when she questions former equifax ceo rick smith in a hearing this morn and pepsi shares are sinking. The beverage and snack giant beats earning but has a lower outlook. The dow, the s p and the russell coming off record highs. The Financial Sector posted its highest in ten years with watches on to see how resilient the market can be. I think what were seeing is a recognition that the...

But im inquiring how many people are on this committee 6. 6. Well, the maximum is 7. Yeah. Sorry theres also provision for 2 superintendant appointments so actually is it brings to total 9. So he gets 2 and we get 9. It was how it was written. So its the capacity for 9 we currently have 6 and they serve a term of how long . Two years ago not to exceed four years so you could have a 2 year or 20 20 year terms not to exceed four. You can choose that. So it could potentially be two, two year terms. Do we have any people that are currently set to cough this committee the board didnt appropriate an...

Year or 20 20 year terms not to exceed four. You can choose that. So it could potentially be two, two year terms. Do we have any people that are currently set to cough this committee the board didnt appropriate anyone. No one was appointed until late 2010. So currently, the 6 michigans members of the committee that are seated all have the same start date sometime in 2010. So they and they were all reappointed by the board in 2012. We voted on the slate. So theyre in their second two year term so in 2014 we could see an x disof all members. So why dont we wait until 2014 when we all would get a...

It was how it was written. So its the capacity for 9 we currently have 6 and they serve a term of how long . Two years ago not to exceed four years so you could have a 2 year or 20 20 year terms not to exceed four. You can choose that. So it could potentially be two, two year terms. Do we have any people that are currently set to cough this committee the board didnt appropriate anyone. No one was appointed until late 2010. So currently, the 6 michigans members of the committee that are seated all have the same start date sometime in 2010. So they and they were all reappointed by the board in 2...