We knew what it could do, but the rate and pace of which it's coming on every aspect

of the business, whether it's operational, strategic, societal, it's kind of like a freight train.

AT&T Chairman and CEO John Stanky at the Pepple Beach Pro-Am with Joe Kernan. In between rounds on the California golf course, Stanky at the Pebble Beach Pro-Am with Joe Kernan.

In between rounds on the California golf course, Stanky explains how he's building out the

infrastructure of the internet.

Spoiler, it's fiber optics.

I don't think universally you're going to ever beat fiber in many places, and I think

what's sometimes missed is that a third

of our capital investment goes inside of buildings, inside hospitals, inside stadiums, inside

universities. Satellites not going to be the best technology to get everything connected.

But first, a newsmaking interview

with Treasury Secretary Scott Besant.

He says the Senate will proceed

with Kevin Warsh's Fed confirmation hearing,

despite one senator's hold on the nomination.

My understanding is that we are going to proceed

with the hearings, Senator Tillis,

wants to keep a hold on any vote with

Kevin Warsh leaving committee, making it to the full Senate. But I think it's important to get

the hearings underway, and I think we have an agreement to do that. And of course, the Secretary's

view on the U.S. economy and inflation.

After you've been in a massive auto pile up, you're a little skittish about driving,

...