President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
"It does not in any way weaken the regulations we put in there for the largest banks or that were there to prevent the kind of crisis we had 10 years ago," said Frank, who co-authored the Dodd-Frank reforms after the financial crisis.
The legislation would raise the level at which banks are considered "systemically important" from $50 billion in assets to $250 billion in assets.
Frank, however, agrees that the $50 billion threshold is too low. He also called $250 billion "too high."
"Lehman Brothers, when it failed, was $750 [billion]. Well, if two or three 250 [billions] were to fail, that could be problematic," Frank said on "Closing Bell."
"I regret that they went above $125 [billion]."
His major objection to the bill has nothing to do with Dodd-Frank.
He said the new bill weakens the reporting requirement on home mortgage disclosures over alleged racial discrimination.
Frank said, "Racial discrimination continues to be a serious problem here and for that reason I wouldn't have voted for the bill."
— CNBC's Jacob Pramuk contributed to this report.