Doug Krisner

Also today, President Trump said he would cut off federal funding to sanctuary cities at the end of the month.

His administration has given 90-day notices to states like California that bill the federal government.

Here is Trump.

president trump there senator elissa slotkin of michigan says federal prosecutors are investigating her after she took part in a video urging military service members to resist illegal orders in an interview with the new york times slotkin a democrat said she found out about the inquiry from the office of janine pirro the u.s attorney for the district of columbia pirro is a longtime ally of president trump

In an email sent to the Senate's Sergeant at Arms, Pirro's office requested an interview with Slotkin or her private counsel.

Now, Slotkin organized the video, which features five other Democratic lawmakers who are also military veterans, and that would include Arizona Senator Mark Kelly.

The video's message was, military officers are obligated to ignore illegal orders as a fundamental principle of military law.

President Trump and other administration officials have described it as seditious.

Netflix is working on revised terms for its proposed acquisition of Warner Brothers Discovery.

We are told Netflix has discussed making its offer all cash for Warner Studios and streaming businesses.

Here is Bloomberg's Chris Palmieri.

That is Bloomberg's Chris Palmieri.

Now, the offer from Netflix has faced opposition from both politicians and from Paramount's guidance.

Institutional investors, meantime, have been divided in their support.

As President Trump attempts to address the problem of affordability, he has attacked the ways banks make money from credit cards.

Trump recently demanded credit card lenders cap interest rates at 10 percent for a year.

And today he called on lawmakers to support legislation known as the Credit Card Competition Act,

It's a bipartisan measure that targets the nearly $200 billion banks and payment companies collect from merchants each year whenever consumers swipe their credit cards at checkout.

We are told that banks are privately fuming over Trump's plans.

Here is Cheryl Pate, senior portfolio manager at Angel Oak Capital.