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What you need to know on Wall Street today

null "America's leaders must honor our fundamental values by clearly rejecting expressions of hatred, bigotry, and group supremacy, which run counter to the American ideal that all people are created equal," Frazier said in a statement on Monday.
Frazier is one of the few black CEOs of a major US corporation and was the only black member of the council. The resignation came after a weekend of violence at a white-nationalist and neo-Nazi protest in Charlottesville, Virginia. The president did not explicitly condemn white supremacists on Sunday, though he offered a stronger condemnation on Monday.
Trump fired back at Frazier, turning the conversation toward drug pricing.
"Now that Ken Frazier of Merck Pharma has resigned from President's Manufacturing Council,he will have more time to LOWER RIPOFF DRUG PRICES!" Trump tweeted. Here's what the company's track record on drug prices actually looks like.
In Wall Street news, the mystery trader known as "50 Cent" made $21 million from last Thursday's stock market meltdown. These three charts show just how fragile stocks are right now.
Hedge fund titan Viking Global made a $680 million bet on scandal-plagued Wells Fargo. And Bank of America just revealed its new travel rewards credit card — here's how it compares to the Chase Sapphire Reserve and others.
In politics, some Republicans are pushing a plan that would solve nearly all of Congress' problems in one fell swoop, reports Business Insider's Bob Bryan.
Bitcoin hit (another) new high, moving past $4,300. In related news, The Game is promoting the initial coin offering looking to usher in the weed revolution, and a tech startup that raised $232 million selling digital coins to investors is setting up a VC fund.

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