>> back to what milan said -- rachel: go ahead. >> just to add to what milan said, it's really heart felt when you see these families, these moms with three or four children that can't pay, you know, for groceries or gas in their cars. so to give them free supply ands a free haircut, it really makes them feel confident on that first day of school. we've even had people in tears so grateful for this. rah. rachel: yeah. it's a tough economy, and you're meeting a very important need on that very exciting first day of school for every child. they should have that great first day. thanks so much for what you do. again, it's the charm foundation. we encourage you to donate. go to the web site and do that. you guys, it's the end of the show now. president that's it. happy saturday. see you tomorrow. rachel: bye, everybody. ♪ ♪

jackie: president joe biden still off the campaign trail with covid as many democrats push him to get off it for good. the pressure campaign is mounting. we'll have new details this hour on what the biden campaign is saying. and as democrats splinter over their ticket, republicans uniting around theirs. finish we're live in michigan where donald trump and his vp nominee j.d. vance are set to hold a rally in just hours. security expected to be unprecedented. and with revelations from last saturday's assassination attempt unfolding, we'll ask house oversight committee member mike waltz what he's learning. all that and the scramble to get life back on track after a major tech outage threw everyday services right off the rails. welcome, everyone. i'm jackie deang a lis in for neil ca uh-uh veto, this is

"cavuto live." first, let's get to kevin corke. >> reporter: good morning to you. the you're a movie buff, you'll appreciate this reference. in the film animal house, john blew shi's character famously said over? nothing's over until we decide it is, which pretty much if sums up how the biden campaign is feeling about calls for him to abandon his re-election bid. this coming no. ah, but that's not softening the bill lowing, growing number of democrats who even to this very moment continue to call, in groupson, for joe to go -- in unison. how many we're august? 34. by the way, that number could grow over the weekend. however, sources tell fox that mr. biden remains defiant in the face of what some have deemed an intraparty squabble playing out in public. if what's more, some in the campaign, jackie, are point fingers at former speaker nancy pelosi and former president barack obama as a being behind the not so silent shove to rid

the ticket of mr. biden with speculation that the nancy pelosi herself would be in favor of an open nomination if process at the convention should mr. biden step aside. meantime, as he continues to try to recover from this latest bout with to covid, "the new york times" is reporting insiders are saying mr. biden has been, quote, coughing and hacking even as the most perilous moment of his presidency rolls on. we'll keep an eye on things here in rehoboth. for now, back to you. jackie: kevin corke, thank you so much for that. meantime, biden feeling angry and betrayed by top democrats second guessing him, but with more and more members of his own party calling for him to go, how much longer can he possibly hold out? joining me now, bob cusack and doug schoen. great to have both of you this morning, good morning. >> morning. jackie: bob, let's start with you. 34 democrats now saying joe biden should drop out of the race, and he is reflecting at

the beach. he's got covid, recovering. this gives him an opportunity to to pause and rethink. what happens next? >> well, it's interesting, jackie, if you look at who is calling for biden to step aside. well, which states have the most lawmakers calling for him to step aside? california and illinois. and that's nancy pelosi and barack obama's home states. think the pressure is going to build especially when congress comes back next week. and, remember, there's been a lot of tension over the years between biden and obama and now it's building. jackie: yeah. and they say that the he's angry about it, but, of course, the campaign is saying he's going to continue on the trail, he is moving forward. doug, you wrote a fantastic opinion piece for foxnews.com called trump did something he's never done before with the rnc speech, now the election may already be over. and in your piece you type into the zeitgeist that trump was able to tap into at the rnc convention and on thursday night, reviving this idea of the american dream. that is something people have been yearning for.

>> yes. president trump did something he hasn't done before at least in my memory, he spoke of unity, he spoke of the future and most of all he offered people hope around his agenda. finish the not a dark -- it was not a dark, negative speech, it was one suggesting that our best days are yet to come. his poll lead according to cbs is 5 points nationally. the swing states are at least as much. so the argument to joe biden from these democratic leaders that you and bob were talking about is now an even more compelling one based on the surveys suggesting that victory is very, very unlikely, if 'em possible for joe biden. jackie: and, bob, can we talk a little bit more about what we saw over the course of the last week? republicans did a good job

alongside president trump. they showed him as a human being, as a grandfather and a father, a family man. sarah huckabee sanders talked about how wonderful it was to work with him. it was a different side of donald trump. and, you know, post attempted assassination if he seems like he's a little bit of a different person too. what are your thoughts? >> yeah, definitely. as you know, he changed his speech dramatically after that asaws mace -- assassination attempt and, listen, i think the republicans had a very good convention. they are unified like they've never been unified before. this was so much more unified than the 2016 convection -- convention, and i expect some type of bump. that may be biden going down and trump going up. that's what a democrats are very nervous. right now the chances are trump's going to win, and he's going to have control of congress as well k.that's why democrats are thinking we've got to make a change. jackie: and, doug, let's talk about michigan today where the former president and the vp nominee, j.d. vance, they're headed. they're headed to michigan

because biden failed miserably there end when it comes to union workers. the head of the uaw may say we support him, but that's not the story you get from the membership there. pushing this green agenda, pushing electric vehicles and a transition that a made us less competitive and gave more edge to china, that's a huge issue in this state. and they are headed there today. >> yes, it's a huge issue. and i think most people heard the specific reference to michigan, to autoworkers, car companies in the former president's speech on thursday night. he made a play not for the uaw as a union, but for autoworkers and auto companies needing internal combustion engines with traditional fossil fuels rather than electric vehicles. i thought it was a compelling pitch he gave. the democrats really at this point don't have a response in a

state where there's about a 3-point trump lead that i think will be a critical state as we go forward as will the rest of the upper midwest. jackie: and let's get to this, former president obama reportedly told allies that biden needs to seriously consider his chances in this race, something that neil asked former obama fundraiser don peebles about a on "your world" yesterday. listen to this. >> former president obama indicated that the pathway's very difficult yesterday, saying it publicly -- neil: what did you make of that? he's your friend. he abandoned joe. >> i don't think he abandoned him, i think he's trying on to be realistic. neil: that's another way for abandoning him, right? in. >> well, i think the question is, okay, if his pathway to victory is very challenged, who has a better pathway? i mean, i don't think there's anybody that would be able to be more competitive than president biden other than maybe michelle

obama. jackie: bob, don peebles makes a very good point there. do you agree another candidate would have an even tougher time to victory than this president? if. >> i think it would be very difficult and chaotic at the same time. joe biden is losing every battleground state, and that's finish -- you can't, you can't win when he's even behind right now in virginia, and that's a must-win for biden. so harris -- and i think it does have to be harris. i think biden would be under enormous pressure and would want to back his vp if he steps aside. also they need that money that they've raised, and that makes it easier. but some democrats are saying, no, we need to have a brokered convention. we're looking at a chaotic time for the democrats right now. jackie: doug, the last time you and i spoke was on this show roughly a month ago. it was going into the debate, and i asked you if he was going to have a tough time. you acknowledged that he might. nobody has a crystal ball, but here we are today. do you think joe biden needs to go? >> yeah, i do.

i've said that really since the debate. nothing's changed since then. i think bob cusack is exactly right. it's going to be tough for any democrat to win, as tough if not tougher for kamala harris. but i think the die is cast vis-a-vis joe biden. it's pretty clear he is very unlikely to win. and i think the democrats will benefit by making a change that could well help them in the house and senate. it may well energize the party because if they continue down this path, the result is all but certain. jackie: and those are all very important considerations that they have to make. doug, bob, i so appreciate you both being here today. >> thanks, jackie. jackie: all right. donald trump set to take the stage in michigan tonight one week after the attempt on his life. how are security officials preparing today? and later, the head of the secret service, kim cheatle, set for monday's grilling. what questions does house

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jackie: donald trump and his running mate, j.d. vance, set to hold their first joint rally one week after the the attempt on the form form president's life. this time it's an inside venue. alexis mcadams is there for us with the latest. >> reporter: hey, jackie. as you can see behind me here in grand rapids, michigan, these people are getting excited to the see the former president and j.d. vance take the stage around 5:00 eastern. security is is expected to be tight here in grand rapids inside and outside of the venue as a congressman here in michigan says these people are expected to be vigilant. watch. >> well, i can tell you there's going to be a bunch of folks who are exercising their

constitutional carry rights out and about in the city. and i'll tell you, being at the rnc i definitely felt a higher sense of security. i think that people are upping their games. >> reporter: so while on stage at the rnc, former president trump reflected on the shooting, explaining how the bullet whizzed by his ear, how he was rushed to the hospital and reflecting how the secret service laid their life on the line to protect him. the tone at that speech was really focused on unity and the future. listen. >> as americans, we are bound together by a single fate and a shared destiny. we rise together or we fall apart -- apart. i am running to be president for all of america, not half of america. [cheers and applause] because there is no victory in winning for half of america. >> reporter: so we'll is have to see if that tone remainses at

tonight's rally in grand rapids, michigan, and what role trump's new running mate, ohio senator j.d. vance, will play here on stage. vance is a working class guy, that's what he talked about at the are rnc, jackie. he grew up in a poor family. his mom struggled with addiction, almost ten years clean now, and he overcame a lot. vance could help win over voters in the rust belt. michigan is very important as trump the narrowly won the state back in 2016, but biden flipped it to win it again in 2020, so we're going to have to see how this area plays out in that pivotal role coming up in the election. once again, back here in grand rapids, michigan, that crowd beginning to form. this is kind of what happens with those trump rallies. we saw it at that outdoor rally, people wait for hours in line because they want to see the former president and this time this duo with j.d. vance. you can see that crowd forming. jackie. jackie: absolutely. i'm sure there's a lot of

excitement on the ground today. alexis, thank you so much. all right, the secret service reportedly asking for additional help from local law enforcement for today's rally. is my next guest feeling confident that it will be safe? michigan gop chair pete hoekstra joins me now. pete, thank you so much for being here. can you talk a little bit about the additional security measures that might be in place and who's checking the secret service? obviously, an indoor venue is a little easier to secure, but still there are always risks. >> no, i'm confident that the president and the attendees to the event are going to be safe. they're going to be secure today. cheerily, the secret service is ramping -- clearly, the secret service is ramping up their protections. we've got great law enforcement here. a very cooperative community, and michigan is built on working together. i think everybody's going to be fine today, and we are thrilled to have the president here. jackie: yeah. >> and we're thrilled to have

from down south, from that state called ohio coming up to michigan to show us a little love. jackie: and despite what happened last week as a alexis is standing outside venue, people are still lined up, still excited to be there. a lot of people talked about during the rnc the energy and the excitement that you feel at a trump rally. it was unfortunate that that things ended in butler, pennsylvania, the way they did with the loss of life and injury and ap a attempt on the former -- an attempt on the former president's life. but let's talk about what will happen inside the venue today when trump and vance take the stage to together. they focused a lot on policy, right? the tenor has certainly changed since that event to go from bashing joe biden to really focus on the needs of the american people. what do you expect to hear? >> i think the president will talk about the need for unity, the message coming out today is that the republicans are united,

the michigan republican pa party is united. there'll also be the message, and we've seen this with the president in the last couple of months, you know, inviting the uaw, inviting the teamsters, the teamsters speaking at our national convention. not only are republicans united, but we are inviting others. we're inviting others to the party to the make sure that we put america in the right direction. i mean, lorenzo, the black pastor from detroit, he gave an awesome if speech. we're reaching out to the black community, the his pan, ec community, the indian community -- hispanic community. they are all welcome to be part of this movement to bring america back. jackie: and in the final minute that i have with you, we talk about michigan. it was a state that a trump won in 2016. razor thin margin, but then it flipped to joe biden in 2020. and i'm wondering what j.d. vance brings to the table today with respect to his background and the messaging that he can share with people in michigan to make them feel confident that a vote for trump-vance means that

their lives will improve. >> j.d.'s going to be the perfect addition to the trump team. you know, he can talk about his experiences growing up, the hardships that he faced, and michiganders are facing the same kinds of hardships; paycheck to paycheck, the cost of groceries,, the cost of gasoline, the cost of insurance. michiganders are getting hammered. they're concerned about their johns, their future -- their jobs or, their future with what's happening by this insane push by our governor and by joe biden for electric vehicles which threatens the core of michigan's manufacturing base. it's a good match. finish. jackie: pete hoekstra, thank you so much. great to see you today. >> thank you for having me. jackie: all right. the secret service director facing lawmakers on monday as she's facing calls to step down. florida republican congressman mike waltz will be one of them, and he's here. and later, a tech outage fueling massive blackouts from

atms to airports, to times square billboards. how soon before everything is back on track? we're on that. measure i always wanted to know why i am the way i am. my curiosity led me to ancestry. it was amazing to see all the traits that i've gotten from my mother in my dna. it's a family thing. it's a family thing.

>> secret service is out there and the fbi now doing these secret call, these behind the scenes briefings where, by the way, they don't really answer questions, they limit -- strictly limit number of questions. the secret service director herself did not actually brief. i'm not going to allow them to sweep this under the rug. we're going to have hearings, we're going to9 put them on the spot, we're going to get the facts. >> the failures do fall to to the secret service. if the director's not going to step down, the president needs to the fire her. >> at least director cheatle was brave enough to say failure in

this particular call we just had. that can't happen again, not ever again. >> do you think the head of the secret service should be fired? >> well, i don't think she should be in this job at all. jackie: calls growing for the secret service director to step down as lawmakers and investigators are still seeking answers over last week's assassination attempt on donald trump. c.b. cotton is in butler, pennsylvania, with more on what we're learning. hi, c.b. >> reporter: hi, good morning, jackie. there are now multiple, overlapping investigations into how the gunman, thomas crooks, was able to gain access to a rooftop here in butler, pennsylvania, with a vantage point of about 400 feet towards where the former president was speaking on that rally stage. we know that at least four congressional committees have indicated they plan on probing this shooting with the first hearing slated for monday when the secret service director, kimberly cheatle, will testify before the house oversight and accountability committee.

cheatle said in an abc news interview, quote, the buck stops with me. when yesterday on the security lapses at the rally last saturday. a federal law enforcement source tells fox there are now two working theories about how crooks care -- carried out his attempt without being noticed. the most like he scenario is that crooks hid his father's ar-style rifle near an a/c unit that he used to climb onto the roof. the other idea is that crooks could have carried the gun in a backpack. between federal law enforcement sources and local if official, fox has been told these officers were at the rally: 22 secret service agents to include secret service snipers, 16 hsi agents, 30-40 pennsylvania state police troopers, 7 butler township police officers -- those officers assigned to traffic detail -- and 1 butler township emergency services unit sniper team. law enforcement experts tell us they believe from the events

that transpired there was a communication breakdown between those officers. now, jackie, crooks reportedly flew a drone over the rally site just hours before he opened gunfire, and a source familiar with the ongoing investigation tells fox that the sniper, the secret service sniper who fired the kill shot is, he actually had an obstructed view. the source telling us the shot was, quote, one in a million. jackie. jackie: wow. c.b. cotton, thank you so much for that. secret service director kim cheatle will appear before the house oversight committee on monday. florida republican congressman mike waltz is preparing his questions now. congressman, welcome to the program and thank you for being here. many people are saying if she doesn't resign, president biden should fire her. what do you think we'll hear on monday, and do you think it will change the tone of how this is going? because so far people aren't convinced that kim cheatle's up to the job. >> well, i would have fired her just in her botched handling in

dealing with the public since the assassination attempt. she should have been the very first person to come to the microphones, reassure the public, assure the world that her agency is going to do everything possible to get to the bottom of what happened. cheerily, something went wrong -- clearly, something went wrong. and then i would have expected to see her and the fbi director and dhs or their representatives giving daily press conferences updating the public, letting them know what the latest is because in this type of environment, in the advantage qualm of information is where spear conspiracy theories, where the public has a right to know. 70 million people voted for the president. jackie: right. >> and then secondarily, what i want to know is, clearly, there was a breakdown in what they call the advance work. that would have been done out of the pennsylvania -- excuse me, the pittsburgh secret service field office. and, you know, how did that, how

is the, where the sniper was shooting towards that building, how was that obstructed? how did you have dead space where you couldn't see the slope? how was that building outside of the perimeter yet so close, and were -- this is the key questiol secret service resources requested and then denied? because i'm being with told by agents directly that, more broadly, they've been requesting more for president trump over the past few years -- jackie: yeah. >> -- and they've been denied for budget reasons. jackie: and she hasn't been quick to answer many of these questions. at the rnc she was confronted by some republicans asking her many questions, but she remained silent. what we've heard from her so far, you mentioned the hope is on the building where the shots came and the shooter was positioned. the slope on the roof target argument is really difficult to swallow for many people. and we were just talking to the michigan gop chair, asking him what preparations will be made for security for today's rally. a lot of people would like to hear from kim cheatle to hear what are you doing to improve

the situation and make it better? >> it was, it was unconscionable and completely inappropriate for her to come to is such a public environment, the rnc convention, having yet answered any question about an assassination attempt days prior and then, you know, to have senators having to kind of chase her down just to get basic questions answered. by the way, they held a phone call, and they wouldn't allow really any questions there either and then cut the senators off. so this is the exact opposite of the transparency that is needed. like i said, i would have just fired her on how she's handled it since the assassination attempt, much less what the investigation uncovers. and then finally, there's broader questions, like, we know that he had overseas encrypted accounts and platforms. what was that all about? jackie: yeah. >> was that, was that coupled in any way with the increasing iranian threat? we don't know. how did he scope the site and

recon the site three times before the actual rally occurred? and so it's -- everybody tune in on monday, because we're going to do everything -- we're going to get to the bottom of it, and the congress is going to put a spotlight on this tragic failure. jackie: well, the american people want answers -- >> of course they do.. -- and they don't want them months and months later. they want to feel our country is secure. congressman, we give billions of dollars in humanitarian aid in other countries and and help other countries fight wars. we spend a lot of money, taxpayer money in this country. if resources are an issue as you may be suggesting, we want to get to the bottom of it, why these resources weren't allocated. we so appreciate your time. final word. >> we gave -- congress gave her a big budget plus-up just last year. where did in that money go? if. jackie: congress bank mike waltz, thank you so much. good to see you. >> thanks. jackie: back to pressure on president biden to the bow out. it was this time last week that

he was holding a tense call with house democrats to stop the second guessing. but still, the list keeps growing. so what's that a saying?

jackie: the number of democrats urging president biden to step down keeps piling up, and the names are coming out faster than ever since word leaked out that nancy pelosi and former president barack obama are expressing concerns about his ability to win. axios martial political correspondent alex thompson has been doing some digging. what is the latest, what are you hearing? what we understand now from the campaign is that president biden is moving forward, bewe also know that they have paused because he's recuperating from covid. what's the next step? >> absolutely. i can tell you that inside the biden campaign, at least the very top of the biden campaign, there is a feeling that all of

this, all of these lawmakers that came out yesterday is part of a coordinated campaign to pressure him to drop out. now, joe biden truly believes with almost sort of a religious fervor that he is the most electable democrat against donald trump. and because he believes that with such conviction, he still is killing in -- digging in, does not intend to drop out at least at this moment even as some people within the biden o bit are increasingly -- orbit are increasingly resigned to that being an inevitability. one biden aide told me just yesterday this is an almost universal a, you know, almost universal sentiment that this is the end of the road. jackie: all right. we're talking about 34 democratm ohio is the latest. but adam schiff this week, reportedly doesn't really move without talking to nancy pelosi. when so many people are against you even if you're angry, even if you don't agree, they're

still the influential members of your party. there's reporting about president obama piling on as well. ultimately, what does this president do? i mean, if he moves forward, he's going alone. >> absolutely. and he might still do that anyway. you know, there's two sides to this. one is what i just told you, this conviction that he does not want to be sitting on a couch on election night having stepped aside and still seeing trump having won with. at the same time, you know, joe biden is a democratic party lifer, you know? he is not someone that was an outsider. he has been a, you know, basically right in the middle, a median democratic party member forever. he really does care about what members think, members of congress think. he obviously was in the senate for 36 years, and those are sort of the competing, the competing things. you know, another person in the biden orbit basically said that with covid-19 19 which, you know, he has, you know, his campaign chair just yesterday said that he didn't sound very

good on the phone. you know, i think he is actually sick. i think he is resting, and i think a lot of people in the biden orbit think that he is taking this time to recuperate a little bit and also just think about it because he does have both of those impulses, to listen to members of his party or listen to his own gut about staying in this. jackie: and we talk a little bit about the other options? we played a sound bite of neil interviewing don peebles where the other options don't sound to me like, you know, they are necessarily better than president biden. to a certain degree, i understand the point that you're making, he thinks he may be the best candidate to win to represent the democrats. at the same time, after that debate performance and many of the gaffes that came afterwards as well, how could he possibly beat president trump after what we saw the power and the strength at the rnc this week? >> well, i'll tell you that even if joe biden was 110 years old,

joe biden would probably still get 40 president of the -- 40% of the vote in this country because the greatest mobilizer of democrats in american history has been donald trump. you know, the trump polarization means that, you know, joe biden could still potentially win this race. and i think his team, while they believe the path is significantly narrow since that debate and, to your point, the fact is that the sort of tour to try to inspire if confidence after the debate did in some ways the opposite -- jackie: yeah. >> -- among especially democratic lawmakers. jackie: but it's also -- >> at the same time, if you're -- jackie: it's going to come down to swing states, right, alex in i want to get your thoughts on this ahead head of the rally in michigan. the biden campaign is holding a call right now saying donald trump is going to hurt working families if he wins. he's saying i'm going to bring back the american dream not just

to half a of americans, but to all of them. and he's headed right to michigan as a his first stop. that's pretty incredible. >> well, and it's not a coincidence that he's heading toward the midwest, you know, the so-called blue ball states of michigan, pennsylvania, wisconsin. because if trump can pick off a one of those -- jackie: right. >> -- given what you just referenced, the swing state polls, if donald trump can get one of those three swing states, it is very difficult for the biden campaign to to win. that is really the whole ball game x. that's why you're going to see him there. i imagine j.d. vance, who is from the region, is basically going to be the as someone mt. trump campaign told axios, parked in pennsylvania. jackie: yes. one of the reasons that he picked vance is he thinks he can park there and that he will have a lot of influence there as well. you know, we're talking about five states here, many of them that he won in 2016 by razor thin margins, then he lost again in 2020 by those same razor thin

margins. so, ultimately, president biden right now at home reflecting at the beach and recovering from covid, they need to be out on the campaign trail. >> well, and, you know, sources within the biden world tell me that they are going to get back out just this week and that he intends to campaign. obviously, every campaign, even ones that have -- i've covered many campaigns that they're ant to drop out, and you always have to say that you're staying in until the very second. jackie: right. >> but joe biden's a stubborn man, and his family really believes in him, his closest advisers believe in him, and so, you know, i think he does intend to get back on the campaign trail. jackie: anger can be very motivating. we'll see if it motivates him to dig his heels in further. alec, thank you so much. great to see you today to. all right. what a mess. atms, airports, hospitals, package deliveries, they were

all hit by a massive tech outage. how long before everything's back to moral? and later, while more business leaders are throwing their support behind donald trump, reporters' money to -- reports indicate that money to joe biden is drying up. what democrat donors are urging, coming up.eaks [floor creaks] [door creaks shut] (♪) (♪) (♪) relax, you booked a vrbo. (♪) here's why you should switch fo to duckduckgo on all your devie duckduckgo comes with a built-n engine, like google, but it's r and doesn't spy on your searchs and duckduckgo lets you browsel but it blocks cookies

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when you're in the military you're really close with your brothers and your sisters that are in the military with you. and when you get out of the military, you kind of lose that until you find a new family. we can talk about our struggles and the things that we did overseas and not everybody can do that. adam! how's it going, brother? we live pretty close to each other. so he's always coming over. when i go to jack's house, we watch a lot of football, hang out. we go outside the friendship has kind of grown into a family i was talking to some vet■s last week amazing how we have these houses where they can come over because they■re in chairs too. carpet and wheelchairs don't mix very well. tunnel to towers, they got rid of all that.

they redid my whole bathroom i thought they were just going to do the upgrades. but the surprise to me was they paid off the entire mortgage. when they told me they're going to pay off my mortgage, i cried. please visit t2t.org jackie: i want to alert you to some breaking news happening right now in minnesota. a train carrying consumer goods derailed in big lake, minnesota, at 3:15 in the morning. we know 15 rail cars were impacted, and it's caused closures in areas of shellburn county. no injuries reported at this time. crews are actively working to clear the areas there. we will keep you update dated as we learn more about this. meanwhile, airline delays still piling up this hour after a global tech outage causes massive disruptions across the nation's airports. it's also hitting hospitals,

banks, even billboards in times square. madison scarpino is in new york with the latest for us. hi, madison. >> reporter: hi, jackie. some businesses are now back online, but cybersecurity experts say that it could take days or even weeks to fully recover from this massive outage. all of this stemming from the cybersecurity firm called crowdstrike. something went wrong with a software update early friday morning, and computer systems across the globe abruptly shut down. >> how did we allow for one company, one entity to control whether or not america and the rest of the world can be in business? how did this happen? because those questions need to be answered. >> reporter: -- says they're working to figure out the root cause of this as the investigation continues. but the ceo says that this was not a cyber attack or a hack. the outage is impacting the whole world. thousands of flights were canceled causing chaos at some

airports. major hospitals canceled non-emergency surgeries. the glitch also impacted stores, 911 centers, dmv, banks, world trading exchanges and a lot more. president biden has been briefed on this. transportation secretary pete buttigieg is confident everything will be resolved soon, but he says he's closely monitoring the mistake that led to this huge disruption, and it's unclear just how many businesses worldwide are still dealing with issues right now. but i can tell you, jackie, that over 1500 flights are canceled today. and there's also a concern that this may be the perfect opportunity for cyber criminals to take advantage of people who are desperate for a solution. jackie: wow. >> reporter: back to you. jackie: madison scarpino, thank you so much. and with this massive caughtage exposing -- outage, what are the dangers of that? and more vulnerable democrats in tight races joining the list for joe to go. ohio senator sherrod brown one

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jackie: stocks tank on friday on on the heels of that global tech outage that's still impacting everyday services that we use. it's exposing some of to our vulnerables. a worry, possibly, for our economy as well? let's ask money watchers dan geltrude and gary kaltbaum. gary, i'll go ahead and start with you. the nasdaq was already having a rough week before the 1 selloff that we saw on -- 1% selloff on friday coming on the heels of this tech outage. it wasn't anything malicious, it was a mistake, but still a pretty hefty mistake with respect to edge. people are concern concerned -- to technology. people are concerned as we move forward. how is this going to impact

money watchers? >> it count help confidence. and when the ceo comes out and says it's a defect in a single content update and i'm thinking to myself, a defect in a single contend update is -- content update is killing the house around the globe? that's really say scary. and then you add in bad players a around the globe that are probably licking their chops, there's a rhyme and a reason why tech got squashed yesterday. crowdstrike at the lows was down about $12 billion in market cap. and for them, when elon musk with 190 million followers says that he is taking crowdstrike the off his systems, i feel bad for the people that that work there and, hopefully, they right the wrong pretty quickly. jackie: yeah, that's a huge issue. dan, the trouble was with an update, but cybersecurity firm crowdstrike had issued, it impacted customers who were running microsoft windows. so many people and businesses

are running microsoft windows. ultimately, how do you think this is going to change how we look at a technology right now at the particular moment in time given we're so heavily reliant on it? >> it's scary stuff here to think that a one company can cost billions of dollars across the globe. that shouldn't happen. it just shows that there is a real lack of infrastructure. we have a single point of failure. now, on bright side of this, it actually could have been much worse if it were hackers. ironically, crowdstrike is a program that's supposed to stop hackers. this is, this is y32k for real -- y2k for real when it's actually happening, and i happened to be at jackson hole airport in wyoming caught in the middle of this mess. fortunately, i was only delayed a couple of hours. but the big issue was that you could not scan your boarding pass. so we were going back to the old

way of doing things. people were getting on the fright if having to print out -- flight having to print out their boarding pass. go figure. jackie: i'm sure those delays could have been at lot longer. i've read reports about ones that were, dan. gary, i want to come back to you because i'm not trying to, obviously, give anybody ideas here, but when you see an out age like this, i think about this country and how vulnerable we are. our energy grid, for example, not updated by the current administration at all. no resources invested. could potentially be the perfect target for a cyber attack or malicious intentions abroad. so i'm just wondering what you think technology companies are do to -- will do to try to, you know, make the american people feel safer, that they have the ability to secure these things moving forward? >> the bad news is leave no doubt, we're vulnerable. if this happened and affected so much, we're vulnerable. the good news is i believe all these companies in software

security are good people that really want to do the job and do a good job and, hopefully, this are redoubles and retriples their efforts to make sure this doesn't happen again. and i suspect from top down they're going to be looking at this bigtime. i'm in hopes that the powers to beout of washington also -- and i'm not big on government, you know that, but get a little bit involved and sit down to make sure they're on top of things also. i'm not so sure they're on top of much these days. jackie: yeah. well, they've got other issues it seems they're worried about right now. dan, want to just talk about the markets in general because it was a pretty rough week even though traders are expecting we're going to get a fed rate cut possibly as soon as september, is really what the market is betting right now. do you think this was a temporary selloff and things are going to pick up, or is this the the start of something we should be looking at more close whichly? >> i think -- closely? if. >> i think once there's, perhaps, a little bit more

certainty politically, things may improve because we know that the market doesn't like uncertainty. for a period there, it seemed that, well, trump is going to win, it's a no-brainer, we know what to plan for. now there's uncertainty. is biden going to stay in or not? jackie: right. >> and if he does decide to leave the race, well, now we really don't know what's going to the happen in terms of tax plans, economic plans. so i think there could be some rough waters ahead, not to mention if so much pen penetration -- jackie: a lot more -- gentlemen, i've got to let you go. thank you so much for being here. >> thank you. jackie: president biden hunkers down as the pressure campaign against him ramps up. why the addition of ohio senator sherrod brown is significant. we're on that. miss, gop presidential -- plus, gop presidential nominee donald trump back on the campaign trail just one week after that a attempt on his life. we'll take you to butler, pennsylvania.

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