Lisa Abramowicz

Congressman, which is why it's so curious, the president is getting on the phone with the likes of Senator Elizabeth Warren and continuously has this text exchange, we've learned through Axios, with Zoram Mamdani.

Do you think he is moving too far to the left and almost out of where your party is?

Congressman, as the chair of the Financial Services Committee, have you spoken to Chair Jay Powell since the subpoena was delivered to him from the DOJ?

And does he have plans to come to the Hill to testify?

You've been friends with him for decades.

Do you think he added to this distraction by coming out with a rare video as the markets were opening up in Asia instead of just replying to the subpoena?

How delayed do you think this could make going through the process of the next Fed chair?

It hasn't been a distraction for markets, though.

They pretty much shrugged it off.

Do you think the markets don't view this as real threat to independence?

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I am here in Atlanta, Georgia, with the CEO of Delta, Ed Bastian, here alongside me after that earnings report yesterday and that projection of 20% earnings per share growth in 2026.

Now that you've had a day to digest, have you been surprised by the market's reaction and, frankly, by the lines of inquiry that you got yesterday?

So we'll get into what great could look like.

Let's get into the caution and some of the things that are less foreseeable, including a proposed 10% cap on credit card rates.

And it raises this question about the loyalty program at Delta, considering the fact that American Express and the partnership there contributed something like 14%, according to my calculations, of the revenue growth over the past year.

I'm just wondering, how big of a hit is this?