Goldman Sachs was out with a note saying that the greater impact will be on products like jet fuel, like on diesel. We saw diesel hit $5 a gallon, north of $5 a gallon. That is important for freight. That's important for construction, for the factories in America.We haven't seen that since the spike of December 2022. You worked in the White House. What policy tools do you think this administration is ready to deploy.>> Well, we've seen the policy tools more or less deployed already. Um uh they're looking at ...

Carl, thank you. Uh, joining us now exclusively here at the Active Passive Summit is one of Wall Street's most influential activists. Starboard Values CEO Jeff Smith just unveiled his latest investment ideas here at the conference as well.And uh, we'll talk about all of those. Let's uh, well, first of all, thanks. It's our annual tradition.I appreciate you keeping it up. >> Yeah, thank you, David. It's nice to be here.>> You seem thrilled. >> Thrilled. >> Love being here.>> You talked about three different ...

We are getting some breaking news out of the DOJ and for that we're going to turn to Aean Jabvers. Morning Aan. Hey there Carl.The Department of Justice has just unsealed a criminal indictment of sports and commercial real estate executive Tim Leewiki. The charge here involves Leewiki's alleged participation in a bid rigging scheme related to construction of the $375 million event arena at the University of Texas in at Austin known as the Moody Center. Now, according to the indictment, Liewiki, a CEO of the ...