Part 1: Stephanie Ruhle and her panel dig into the questions surrounding the White House, the president, and the vetting process
“I do think that the United States Senate needs to take its role more seriously in supporting the president, and I think we need to be unified when we deal with foreign governments. We can have fights and disagreements among ourselves but the Senate needs to be supportive of the president,” said Andy. “In the current environment the Senate is finding it increasingly difficult to do that, where it has done so in the past without really much problem.”
During his tenure as CIA director, Pompeo became a trusted advisor of President Donald Trump. Though many Democrats opposed his nomination due to his foreign policy views, Pompeo ultimately received the support of six Democrats and one independent. Pompeo replaces Rex Tillerson as the United States’ 70th secretary of state.
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Part 2: Amazon announced a huge surge in profits sending the market soaring, Stephanie Ruhle and Andy discuss
Wall Street is buzzing over Amazon’s huge profits after the company reported better-than-expected first-quarter earnings on Thursday.
Stephanie wonders, though, while the economy continues to do well, why we’re still not seeing pressure on wages. “When you and I would talk during the Obama administration we’d talk about how people are dropping out of the labor force, but what’s happened over the past 16 months is that we’re close to 3 percent GDP growth,” said Andy. “With more people working now than ever before, we should very soon see a significant impact to wages – they are up 2.7 percent in the first quarter from a year earlier.”
Andy says the market really is on fire. The number of workers applying for jobless benefits recently fell to its lowest level in nearly 50 years and the U.S. economy grew at an annual rate of 2.3 percent in the first quarter, according to new figures in the government’s report released Friday.
Amazon is the second-biggest company by market capitalization ($736 billion), behind Apple at $833 billion.
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