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BERNANKE & PAULSON ON THE HILL: Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke testify to the House Committee on Financial Services at a hearing on Financial Market Regulatory Restructuring. Hampton Pearson is live at the hearing, as Bernanke and Paulson continue to address the perceived regulatory shortcomings that came to light during the credit crunch.
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YOUR MONEY, YOUR VOTE! DEBATE: At 730a ET, Squawk Box kicks off its unprecedented five-part debate series focused on the economy. The "Your Money, Your Vote" debates, between each candidates' top economic advisers will provide the clearest picture yet of how each man, as President, would deal with everything from record oil prices to real estate to inflation to job security.
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CHAIN STORES SALES: June will be weaker than last year and the department stores will likely get slammed again. Saks is the only retailer expected to post a healthy numbers, while discounters are expected to be the strongest group. One big subplot: the massive percentage of Wal-Mart's sales that come from groceries. That means that their sales BENEFIT from food inflation. Margaret Brennan explains.
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MEDIA MONEY IN SUN VALLEY: Media big wigs and corporate executives converge at Allen & Co's annual shindig in swish Sun Valley as the event gets into full-swing. Julia Boorstin is live on-site to talk to the dealmakers about the latest news, the economy and buzz surrounding the summit.
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