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What's On: Hogan's Picks, Beltway Drama, Budget Cuts

Here's what's up on Friday's Squawk on the Street:

-- Art Hogan has been on a tear. His picks are making money. This morning he's back on the show with his pick of the week, for next week. No charge for the advice... no commission.

-- Also this morning, two big DC donors, Samuel Wyly and Charles Wyly, Jr., are in hot water over the way they've made their money. That's the big story inside the beltway today.

-- Plus, one Congressman's budget cutting ideas. They're starting to get a lot of attention and gain a lot of traction. See what Rep. Mac Thornberry, R-Texas, has to say — only on Squawk on the Street.

-- And the new BlackBerry and the new trend for the Internet — it all has to do with women.

The market opens at 9:30 ET and there's lots of market moving data to react to. Watch Squawk on the Street live from the New York Stock Exchange starting at 9am eastern. See you there.