Boom Bust: Warren tells Wells Fargo CEO to step down
Indian GDP growth has slowed year-over-year and the country experienced unexpected job losses. Ameera David has the details. Then, Steve Keen, head of Economics, History & Politics at Kingston University tells Ameera why he thinks the Federal Reserve is NOT ready to hike rates, and what’s ahead for the Chinese debt bubble.
After the break, Bianca Facchinei takes a look the latest Bitcoin-related judicial ruling, in which a federal judge declared that the cryptocurrency is indeed money. Danielle DiMartino Booth, President of Money Strong, LLC, then explains how the U.S. elections are adding uncertainty into the economy, and the difficult situation the Federal Reserve is stuck in. And finally, in The Big Deal, Manuel Rapalo joins live from Capitol Hill to break down today’s grilling of Wells Fargo CEO John Stumpf, where Sen. Elizabeth Warren told the executive to resign and face criminal investigation.