Fast Money 12/01/17
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 1 December 2017
⏱️ 22 minutes
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Summary
Transcript
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| 0:00.0 | Fast money starts now with breaking news. It was a crazy day on Wall Street and in Washington, D.C. |
| 0:05.8 | Former National Security Advisor Michael Flynn pled guilty to lying to the FBI. |
| 0:10.6 | That sent stocks tumbling. Then, Senate Majority Leader Mitch McConnell announcing on the floor that Republicans have the votes to pass their tax plan. |
| 0:19.0 | But some details are still being ironed out even as we go to air. |
| 0:24.0 | All of this had investors running wild today. |
| 0:26.1 | The Dow trading in a 400 point range. |
| 0:28.3 | That is its widest range of the year. |
| 0:30.5 | At one point it was down 353 points but ultimately came back at a massive way ending the day down just 30 |
| 0:38.5 | As always we've got full team coverage for you on the latest details from DC with |
| 0:42.8 | Aeman Javers in front of the White House and Elon will be on Capitol Hill |
| 0:46.1 | where the Senate vote is expected tonight. Aeman though, let us kick it off with you |
| 0:50.4 | and the drama around Michael Flynn. |
| 0:53.4 | Brian, perhaps the most significant thing about the Michael Flynn plea today was the news |
| 0:57.4 | that Flynn is in fact cooperating with the Special Counsel. |
| 1:00.5 | That means that it is expected. |
| 1:02.4 | He has some information of value to |
| 1:04.3 | provide to the Special Council in exchange for these lower charges. Here's exactly |
| 1:08.8 | what we know about Flynn's case as of tonight. Flynn pled guilty today to lying to the FBI about his talks with the Russian |
| 1:15.2 | ambassador before President Trump took office. This was during the period of the |
| 1:19.0 | transition after the election but before the inauguration. |
| 1:22.3 | Prosecutors say Flynn |
| 1:23.4 | discussed Russia with senior members of Trump's transition team |
... |
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