Fast money starts right now live in the NASDAQ market site overlooking New York

City's Times Square. I'm Melissa Lear. Traders on the desk are Tim Seymour,

Karen Pinerman, David Seaberg and Guy Adami. Tonight I'm fast stock selling off into the clothes today.

After President Trump reignited trade war fears,

we'll bring you the words that spook the markets

and get the latest from DC.

Plus, Facebook CEO Mark Zuckerberg

getting grilled again, this time by European lawmakers as

his Cambridge Analytica apology tour continues.

But one of our traders says he may have said enough to get the stock back to all-time

highs.

We will explain.

But first, we start off with what could be a major turning point

for financials.

The House is set to vote on rolling back banking regulations

that have been in place since the financial crisis.

Kala, Tows she's got all the details.

Kala.

Melissa, what you're watching on the House floor on the other side of me is a vote series that is ongoing

at the end of which will take up a major legislative priority

for the Trump administration and GOP leadership. That is relaxing Obama-era

bank regulation that stems from the financial crisis.

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