Closing Bell 1/12/26
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 12 January 2026
⏱️ 46 minutes
🧾️ Download transcript
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| 0:00.0 | All right, guys, thanks very much. Welcome to closing bell. |
| 0:03.0 | I'm Scott Wobner, live from Post 9, right here at the New York Stock Exchange. |
| 0:06.0 | This make or break hour begins with the fight for Fed independence. |
| 0:09.0 | And how investors should be thinking about that key issue? |
| 0:12.0 | We'll ask our experts over this final stretch, including former Dallas Fed President, Richard Fisher, |
| 0:18.0 | and a man being considered for the job of Fed share, Black Rock's Rick Reeder. |
| 0:22.5 | First, though, we show you the scorecard with 60 to go in regulation. |
| 0:26.3 | Stocks are mostly, as you see, brushing off news of that criminal probe into Chair Powell. |
| 0:31.0 | There's a more defensive tone, nonetheless with the markets today. |
| 0:33.9 | Staples are leading the way, otherwise a bit mixed in terms of sector performance. |
| 0:37.9 | Alphabet shares, they're notable because Apple choosing Gemini to run AI-powered Siri. |
| 0:43.6 | We're keeping an eye on both of those stocks. |
| 0:46.2 | Alphabet, briefly topping $4 trillion in market cap. |
| 0:49.5 | On that news, it's significant. |
| 0:51.4 | We begin our talk of the tape. |
| 0:53.7 | Powell under attack. For the tape pal under attack for the |
| 0:55.4 | latest we go to the White House and our Aymann Jabbers who has the latest |
| 0:59.2 | for us a man Scott we heard from White House press secretary Caroline |
| 1:02.6 | Levitt a short time ago here at the White House briefing reporters she took |
| 1:06.2 | some questions and she was asked if the president had directed Department |
| 1:10.5 | of Justice officials to open that investigation she said no and she was asked if the president had directed Department of Justice officials to open that investigation. |
| 1:12.6 | She said no, and she also had this to say. |
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