A building collapses in Philadelphia, killing one woman and trapping another in the rubble for several hours. The IRS puts two employees on leave for accepting $1,100 in food and gifts. SAC Capital reassures employees it will stay in business without mass layoffs. And the PowerBall winner, an 84-year-old Florida woman, claims her $590 million prize.
CNBC's Bob Pisani tries to make sense of the Dow's two-day losing streak. Is Obama's appointment of Susan Rice as National Security Advisor an "in your face" move to Republicans? With Democratic strategist James Carville and author Edward Klein. And is the IRS targeting states? With Ken Cuccinelli, author and Republican gubernatorial candidate.
NJ Governor Chris Christie has called a special election to replace Senator Frank Lautenberg (D-NJ), who passed away yesterday. A look at why he would do that, with Robert Costa, National Review. Also, what's happening with the Congressional hearings into the IRS, with CNBC's Eamon Javers and Rep. Dave Camp (R-MI). And Dan Clifton, Strategas Research, discusses the possibility of tax reform.
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.