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levels. we're going to talk about that today. david asman and lauren simonetti will join us and then i'm going to speak with brian deese, the top economic adviser to the president. he's meeting with the president right now post this decision from the fed. i will ask him what the president has to say, what the approach will be. all along, the president says things like this. >> the bottom line is this. i truly believe we made extraordinary progress but laying a new foundation for our economy. >> and texas politics is in the focus with dana perino co-anchor of "america's newsroom" and ...

Kudlow. Im larry kudlow. Day seven of the barbaric war on israel is now them going into gaza. Greg palkot is on the ground with the very latest. Greg, what can you tell us . Reporter hey, larry, thats pretty significant news. In the past couple hours here in the town of ashdod, about 20 miles north ovgaza, hamas rockets have been raining down on the city and luckily the israeli iron dome defense next to our position has been knocking them down. Appears no damage. For the past 24 hours weve seen the strongest set of air strikes by the ziti really air force by hamas militant targets inside gaza....

Bank of america, saying they expected benefit from higher Interest Rates and a lower Corporate Tax rate. Brian moynihan says that pretax earnings rose year on year. There is what it is doing, up by 3 10 of a percent. Not Much Movement either way. Allison is joining us. Surface this looks like a pretty solid report. Walk us through it. Allison still going through the numbers, but so far so good. Trading is a number we always look at, a little bit better. Fixed income is a little better, equities a little better, in banking they had a oneoff charge. David who do we think that might be . 880 mill...

And the spanish bond market, 1. 67 is how you print on the 10 year and a good rally in the ibex up 1. 5 . Highlighted dollaryen because japanese stocks are at the highest level since 1996. Crude i wanted to highlight as well, up 4 10 of 1 . They boosted Oil Demand Estimates as the Global Economy we hear that from all of the Major Players in the oil space. They do see less call on their crude. Actually, sequentially higher their crude, 32 Million Barrels this year, 33 Million Barrels next year. David it is time for the morning brief. We will hear from imf managing director Christine Lagarde spe...

Colombia where he will likely field questions about the russia investigation. Thats live as soon as it begins. Now, my exclusive interview with bank of america ceo, find out what Brian Moynihan of 21st Century Glass stegal may not be as bad. Thats coming up. Unrolling Net Neutrality rules, the Michael Powell tells us why this is the right move in a first on cnbc interview. But, we begin with a very Good Exchange between steven mnuchin. Ylan has the story. Reporter it was testy. This was mnuchin mnuchs first testifying. Most of the conversation was focused on financial regulation. It is also me...