john: with all due respect to donald trump, we heard about your minnesota ballot troubles. you betcha. we have a good show. after a week being hammered over her family's foundation, hillary was calling bs on donald trump's rhetoric to reach out to voters.

this afternoon in reno, she devoted her speech to reminding the world of trump's remarks and tweets, dubbing him a hero of the alt right, fueled by white nationalism. >> from the start, donald trump has built his campaign on prejudice and paranoia. he is taking hate groups mainstream, and helping a radical fringe take over the republican party. let's not forget that trump first gained political prominence leading the charge for the so-called birthers. he promoted the racist lie that president obama is not really an american citizen. but a de facto merger between breitbart and the trump campaign represents a landmark achievement for this group.

a fringe element that has effectively taken over the republican party. and this is part of a broader story. the rising tide of hard-line, right-wing nationalism around the world. no one should have any illusions about what's really going on here. the names may have changed, racists now call themselves racialists, white supremacists now call themselves white nationalists, the paranoid fringe now calls itself alt right, but the hate burns just as bright. this is the moment of reckoning for every republican dismayed at the party of lincoln becoming the party of trump. john: before that, the clinton campaign released this incendiary video, which features a ku klux klan wizard praising republican nominee. >> the reason a lot of klan

members like donald trump is because a lot of what he believes, we believe. donald trump will be best for the job. >> i am a farmer and white nationalist. support donald trump. >> sending out all the illegals, building a wall, the moratorium on islamic immigration, that is appealing to a lot of ordinary people. john: he held a minority table when that video dropped. he later responded at a rally. >> hillary clinton is going to try and accuse this campaign and all of you, and the millions of decent americans who support this campaign, your campaign, of being racists, which we are not. to hillary clinton and her donors and advisors, pushing her to spread smears and her lies about decent people, shame on you. john: the trump campaign also put out a statement saying, "hillary clinton's attempts to

delete the single worst week of her political career isn't going to work." alex, who is winning this fight today? alex: i've got to give it to clinton, just by virtue of the fact that i thought that was one of the toughest speeches she has ever given. she invoked white supremacy, bigotry, racism, paranoid fever dreams. charges of corruption and cronyism in the clinton foundation are tough, but saying that donald trump is dangerously outside the mainstream of normalcy, set aside american politics? those are tough charges. in combination with an ad that featured someone in klan garb, that is as tough as you can get. john: it is not something we have seen in our politics in our lifetime, just like the trump campaign is not something we have seen in our lifetime. i don't think this is the worst political week in hillary clinton's life, although it is not a good week.

they have gotten very good at flipping the bid, getting people to focus on trump, because he gives them so much ammunition. she has done a few of the speeches in the past, in california where she went after his temperament. this was off the charts in terms of toughness, and this is the key thing. all the trump supporters, they aren't racist, but the alt right is behind donald trump and there are plenty of supporters of him who are. white nationalists, outright racists, xenophobes, they are out there. there is a lot of evidence to work with, and what she is trying to do is say, to regular republicans, more traditional republicans, you don't want to be in bed with these people. alex: and those are the people both campaigns are trying to speak to. normal republicans who feel like they don't have a place in the trump campaign. hillary clinton's speech today was directed at moderate

republicans. john: we talked about this before -- donald trump talking to college-educated women, ostensibly to african-americans. that is what that speech was about. this is getting a ton of coverage, but the real intended message, don't you suburban white women of philadelphia be fooled. remember not just what he has said, but the people he has surrounded himself with. alex: when people show who they are, believe them. a new national poll came out today, showing hillary clinton leading by 10 points, 51% to 41%. but it was another survey that really caught our eye,

suggesting that aspects of donald trump's integration plan are out of step with many of the nation's voters. 61% say they oppose building a wall on the u.s.-mexico border, which is maybe why trump seems to be about as confused as everyone else when it comes to his new posture on immigration. in a fox news town hall that aired last night, the republican nominee playfully asked the audience three times to vote on how to handle the estimated 11 million undocumented men and women living in the united states, in what jenna johnson of "the washington post" described as "game show-style polls on the state of human beings." so has trump changed his positions? as always, we turn to katrina pearson. >> he hasn't changed his position, he has changed the words he is saying. alex: in this case, she is right, at least about his word change. here's the evolution of his stance on the issue over the past few months. >> you have to go out, and they will come back -- >> come on, we know you can't pick them up and ship them across the border. it's a silly argument. >> dwight eisenhower.

they moved 1.5 million people out. we have no choice. >> are you going to have a massive deportation? >> we are going to have a deportation force, and we will do it humanely. >> if you are president, what will you do for those members of our country who have been here for 25 years undocumented? >> they are going to go, and we are going to create a path where we can get them into this country legally. otherwise, we don't have a country. they are going to come back -- someone who has been in the country for 20 years, has a job, ok. do we take him as a family and

send them out? they owe taxes, they have to pay taxes. alex: this is not the only position trump took during the nomination contest that now seems to be untenable. last night on rachel maddow, kellyanne conway struggled to rectify her boss's original muslim ban with his current proposal, and she could not specify exactly who trump is apologizing to when he expressed regret last week. he and his campaign seem to be facing two unpalatable choices, either double down on unpopular policies or risk being labeled as flip floppers. john, which one to choose? john: a lot of politicians try

to have it both ways. is a time-honored tradition in politics. these are egregious efforts to have it both ways, to say what kellyanne conway said, well, look at both of them. they are all part of a continuum. he expressed regret in general, so anybody who has been offended should take that as an apology. then this immigration thing, which is the flip-flop to end all flip-flops. before i was against the war, it makes that look like matchsticks.

i don't know which he believes. i have no idea what he believes. he may believe nothing about it, but i think that is such an egregious flip-flop that he will pay a terrible price for it. it will be on the far right in the middle who remember what he said. alex: and keep in mind, in that interview that kellyanne conway bravely did, because it is almost an impossible position,

at one point, up pops the trump letterhead, the complete and total ban on muslims entering the united states, written by donald trump, released to the national press. alex: right. also, they must have some kind of internal numbers that suggest to them if they forsake these base voters, who are very excited about the wall and the ban, they plummet to a level from which it is unrecoverable. and when we come back, the clinton campaign chief strategist. a real honor to see him here, in our studio, on this set, after these words from our sponsors. ♪

alex: fresh off hillary clinton's scathing critique of donald trump and the alt right, we are joined by democratic pollster in senior strategist and clinton's campaign, joel benenson.

thank you for your time. important man in an important time for hillary clinton. the donald trump campaign seems to be suggesting that the speech today was trying to pivot away from her worst week in politics. >> i think donald trump has been -- the wheels are coming off his campaign, he is on his third campaign manager, claims he hires the best people in the world. i think we are in a phase now where the issues have to be put front and center. he's in trying to make some statements. whether he has been fed them by advisers, people putting them in his teleprompter, who knows. but we will hold them to account on positions he has taken that have been divisive and dividing, that have been hateful, and we will hold him to account for the next 75 days. john: is donald trump a racist? >> you know, when this first

came up and hillary clinton said i don't know, i think that's an accurate statement. but what we do know is he has made racist comments. paul ryan said his comments about the judge was the definition of racism. when you have been hauled into court by the justice department for engaging in housing discrimination, stamping the letter "c" on their housing application because they are african-american or latino, those actions are racist. john: racism -- generally they aren't actions. if you make racist statements, is that not the definition of being a racist? >> i will let you judge that. i don't have to make that judgment. what i feel comfortable saying and doing is holding up all the

hateful statements that he has engaged in, that he has participated in, and the people that he is trafficking. hillary clinton made a point today -- he took a tweet from a known white supremacist, racist guy, takes a guy with a dozen followers and tweeted out for millions of people. it's behavior that flies in the face of our values as americans, and as a country. john: one quick follow-up. donald trump's followers, his voters. is a substantial amount of his support from outright racists, is that is your view? >> there are a bunch of reasons why people are probably voting for donald trump. i will not try and quantify anything about his supporters. i think we know that in a presidential election, there are a lot of people who say they don't agree with what he says and they are voting for him. but i think there are a lot of people who are appalled at many of the things he said and i think we will keep speaking to

those voters. when you are at a game and the other team's students are shouting "build that wall" -- you have to be a leader and donald trump has proven he is temperamentally unfit to be president of the united states. what we talked about today and what hillary clinton talked about today, this is part of that story. when you're dividing people, using those comments, you are not fit to be president. alex: was there any trepidation about using the image of the klan member in a campaign ad? >> i think it was the video that got released today -- a web video. you know, the fact is that when you align with some of the people he has aligned with, stephen bannon, breitbart, where they have created a home base for these people, recirculating their garbage, and donald trump starts recirculating their garbage, the content of the video speaks for itself. you shouldn't be trafficking in that stuff. and if you are a presidential candidate of the republican party, i think it is disgraceful. again, it shows he is unfit to be president, and it is fair

game to say -- alex: there was no trepidation? >> i think you have considerations about everything, but let's be clear. we are talking about a guy who looked into the camera when he was asked about david duke, and david duke supporting him, and david duke's stroking his favor, and saying i don't know anything about david duke. do you really believe a 70-year-old man running for president of the united states doesn't know anything about david duke? a man who said last week, "i will always tell you the truth?" he knows everything he has to know about tray the duke, and to traffic in it makes it worse. john: let me ask a political question. strategy question. you guys have run millions of dollars of ads in this campaign. may have been pretty consistent. but they haven't talked about is this stuff. they talked about his temperament, his pivot, is lack of qualifications. but you haven't gone after him in the way you have in this web video. that kind of stuff, in paid advertising? >> there have been advertising

about odious commentary. john: not featuring a klansman. >> there has been featuring of his hideous language towards women, calling women pigs, disgusting, blocking a disabled reporter -- john: i'm not saying it hasn't been tough, but will we start seeing imagery like this, featuring a klansman? >> i am not going to tell you what we will show in the future. what i will say is we will keep highlighting -- the more hateful his statements are, and they continue to be so, his speech last week to african-americans was a disgrace, he continues to denigrate and stereotype in the worst way a population that is still struggling for equality, but also making gains, building

communities, educating kids in their neighborhood -- we are going to highlight the hateful statements he makes to whoever they are about. alex: we have so many more questions for you. >> i will hang around. alex: we will come back right after this commercial break and continue the conversation. ♪

john: we are back with joel benenson, the clinton campaign chief strategist. thanks for sticking around. i want to ask you -- i don't want to spend a lot of time on the foundation. but i do want to ask you a political question. a lot of democrats yell at us and say, no one cares about these matters, no one cares. all the polling i have seen, including the national polling bloomberg did, which shows that more than half of the country is bothered a lot by the donations to the clinton foundation, more than half the country is worried

about the way she handled her e-mails, it suggests to me that it is not true that no one cares. a decent chunk of people do. you are a numbers guy. is this really an issue that bothers no one, or that bothers no remaining available votes? >> that point you made is one that's true, and i am not going to judge what voters think or don't think about the issues. but it does say that you have looked at poll numbers as well -- there are few people left to haven't made up their mind. we're competing for those votes and very hard, but at the same time you have to keep your own vote. this is an issue we have addressed in the last couple days. hillary clinton addressed it again last night, saying no excuses, reminding people that a year ago she apologized that it wasn't the right decision.

i think what happens in the next 10 weeks, i think voters are going to listen to a debate about their lives. i think they will focus on that more. i think they are going to make a determination about these two people and which one they can count on to make a real difference in their lives going forward. john: this is your gig, right? you have made your whole career studying what voters think about issues. do you have a sense that, among available voters out there, the votes that are up for grabs, that this issue does not matter? >> i think people have factored it in. they have factored it into the totality and they are making their judgments based upon it. tens of millions of viewers tune in and watch the conventions. people have four days, they both had four days to lay out their message and argument to the american people. they heard everything.

they have factored these things in and they are making a decision right now, a person they can count on to take this country where they wanted to go. alex: let me ask you the same question in a different way. is it your opinion that hillary clinton has reached the ceiling on her unfavorables? >> i think you just asked the same question. if you look at the trend in polling, what has been happening is that hillary clinton's favorables/unfavorables aren't getting better, donald trump's unfavorables are getting worse. alex: so maybe yes? >> i think if you communicate a positive, optimistic message about where you want to take this country, how you will do it, tell them how it impacts their lives, i think you will improve your favorables. i think that is what we are doing. i think donald trump, on the other hand -- he came out of his convention, numbers getting worse. you have to think about that.

he is as known to the american people is hillary clinton. they are seeing both of these people every day. he is saying things that make his numbers worse. i can't explain it totally. i can explain it to some degree, and i think it has to do with hateful rhetoric, the tone of his campaign. i can't tell you. i think her numbers are improving because she is telling people how she will get it done. john: joel benenson, apparently i am not a client of yours. [laughter] john: thank you for coming in. we will check in on the trump campaign after this. ♪

john: the letter of the day is j, because we have jennifer jacobs and jenna johnson who covered donald trump's presidential campaign.

jenna, let me ask you first. hillary clinton gave a very tough speech today about donald trump and the alt-right. to what degree has the trump campaign known this was coming and to what degree are his activities intended to mitigate the fallout from that? >> they have been expecting an attack like this. in her speech she laid out example after example in attack ads. she laid it all out. he gave a speech right before she did in new hampshire and tried to beat her to some of these things. he walked through a lot of his controversial positions, calling for restrictions on immigration from middle eastern countries or countries with terrorism. his call for a wall. some of his immigration positions. and, basically, he said, how

dare she paint my supporters as being racist for backing these positions that he says keep people safe, keep people alive? they may not be politically correct but he says this is what he has to do to keep people safe. john: jennifer jacobs, the meeting that donald trump held this morning before, or simultaneous with the web videos, was striking in the sense that unlike saying nihilistic things that african-americans like, he talked about some substance. talk about what the derivations of that, that piece of the puzzle. >> i talked to some conservative black leaders who were

appreciative that he brought that up. he was at a roundtable meeting with minority activists and one of them asked him what he would do about discriminatory lending practices. he agrees that is a big problem. he said that people with good jobs and good credit go in to get loans and they cannot get them. he says that he has been hearing this a lot. i'm hearing this from real people. he made a commitment to study it. so, these black leaders are saying this was a divergence from all the name-calling and the pandering and beating each other up on race issues. this is a side example of trump saying -- i want to come up with solutions to discriminatory lending problems. he did not mention that later on in the day in his speech in new hampshire. but i think people are going to hold him to that. alex: inasmuch as donald trump has been meeting with hispanic and black conservatives, a lot of folks think that the message

is tailored to moderate republican women who may be scared off by donald trump's message. to what degree is the campaign honing that or denying that? >> i had a couple of campaign aides say there is legitimacy to the idea they are trying to -- calm jumpy moderate voters. hillary clinton is trying to make them shy away from trump. trump is trying to make those gop establishment voters less nervous about him. listen, just because you want a secure border does not mean you are a racist. just because you want to support police and law and order does not mean you are prejudiced. just because you want to do something about radical islamic terrorism does not mean you are an islamophobe. yes, they also do say this is a sincere effort to appeal to minority voters as well. take us at our word. we are trying to reach out to blacks and hispanics and get

that vote. john: i read about donald trump's immigration speech that stuff he talked about ahead of the event. we played the clip that laid out the evolution, where trump started last year from deportation and behind, supporting dwight eisenhower's operation wetback. now adopting jeb bush's position. where's the campaign on that? are they denying it or are they owning it? >> they are being very careful. they are saying he has not changed his position but when we push them on it, they say he might be willing to change his position. as far as where he stands, i do not exactly know. he has not put out any piece of paper with a statement saying, this is what i believe about mass deportations.

one thing i've learned about donald trump, until you have the pdf evidence, it is hard to hold him to that being his stance. but he has set a lot of words that are buzzwords in this debate. he talked about, you know, helping people out, having them pay taxes. these buzz words that appears in jeb bush's position, that we used to hear marco rubio saying on the campaign trail. to. a lot of people, his stance has changed there is no going back. but at the end of the day, i've not seen a pdf saying -- alex: you have not seen the statement on trump letterhead. jennifer jacobs, jenna johnson, we thank you both. we will talk with mitt romney strategists. you can listen to us on the radio at bloomberg 99.1 f.m.

we will be right back. ♪

john: we look now at stewart phineas stevens, the former senior strategist for mitt romney. he joins us from annapolis, maryland. stewart, you come on the show, you were never trump. let's get that out of the way. if you weren't never trump and you had to advise trump and he faced a set of challenges -- on issues like immigration, say, and how would you advise him to do that and give him what your advice would be, how do you think they are doing at it right

now? >> listen, the cynic candidates that are doing much better than donald trump are a good model of how to handle this. in all these battleground states, the republican candidates are running ahead of donald trump. most of them are talking about jobs and the economy. issues that more affect people's daily lives. this notion that the trump campaign or donald trump seems to have that crime is a critical issue at this moment or even that americans are walking around with fear of isis is just not true. i think that is part of the reason it is not resonating. alex: on the flipside, if you were advising the clinton campaign, what should she be doing about the clinton foundation and press conferences in general? >> it's a myth.

i think she ought to have press conferences. i think the foundation is something they should get out of. let other people run it, turn it over to other people. if it is doing good work, it can do good work under other stewardship. just break any connection to the foundation. john: looking at this day that's played out with the clinton campaign going after trump for the alt-right. as an analyst, are you looking at that saying they are trying to win the news cycle or do you think they are heading into a new stage in the campaign in which this will become a more central element of their strategy? >> look, um, there's a tremendous problem that donald trump has with white voters. these latest numbers he's getting half the lead that mitt romney had an white voters. mitt romney won white voters

59%. donald trump's doing much worse. and particularly with white educated college and more voters, and particularly with women. i think it is a smart strategy on behalf of the clinton campaign to try to separate donald trump from other republicans. it would be a mistake for them to go out and say donald trump is like all republicans, which would be one way to go. instead, they are saying donald trump does not represent the best of the republican party. here are examples of those who rejected what the so-called alt-right, which i think is rebranded racism, stands for. alex: there are officially 74 days left till the election. as you look at the landscape, though, as a strategist, how much time truly is there left

for each of these candidates to change, pivot, etc.? >> um, it gets harder. i think you will have the debates, that is a big moment. historically, debates rarely alter the outcome every election. they can move numbers slightly. the big number i think in this race is donald trump's favorability. all these polls have him around 35%. some a little lower, some a little higher. as a candidate, you can over perform your favorables. but there is a limit. just think about it. how many people are going to have an unfavorable view of the candidate and still vote for that person? donald trump is still running against donald trump. until they come to grips with that, they are just not open, a huge part of the country is not open to anything that donald trump has to say.

he needs to talk more about himself and about donald trump and what he would do. he these to be more specific in his regret, so it has some actual meaning and resonance with people. then i think americans will always give someone a second chance but only if they ask and say they need it. john: you mentioned the debates and we are at a where people started talking about debate prep. mitt romney did pretty well in his first debate against barack obama. what advice would you give hillary clinton as she begins thinking about taking on donald trump? >> the best practice is to have done it. that will really help her. going into these debates. everybody has a different strategy. i've done this going back to

then governor bush's. it was very interesting when i did governor bush's debate prep and dick cheney's debate prep. vice president cheney loved to have a run through. george bush hated it. i think to take time is very important. understand this is a very important moment and dedicate the time and the focus needed to really get ready for it. i'm sure they are going to do that in the clinton campaign but i doubt they are going to do that in the trump campaign. john: if you're looking for late summer reading, check out "the innocent have nothing to fear." when we come back, some nonfiction and a republican nominee revealed. i know, thankfully, we are not talking about those naked trump statues. we will be right back after this. ♪

alex: this week, "the washington post" unveiled a new biography about donald trump, a culmination of months of research on trump's past they are calling "trump revealed." yesterday we sat down with the book's authors and asked them what their book revealed about donald j. trump billionaire. >> if people think he is a menace to society, they have a view as him not knowing very much, being sort of a boorish guy. if they think he is the greatest thing since sliced bread, they think he is a truth teller, the ultimate warrior of the politically incorrect. we managed to brush all of that aside and look at a comprehensive look at who he really is, where he came from, what his principles are, why he is the way he is and to do that, you have to understand the full life of the man.

we sent reporters to his ancestral homes in germany and scotland. we sent reporters all around the world to his business projects, his hotels and so on. in panama and other places. we came up with was a full life, a guy who has an i'm usual parental background,an i'm usual operating. a lot of which goes a long way toward explaining why he is the way he has. john: the title on your book on the based on an answer, i would call that trump in full. let me ask you this question, there is -- made a reference to people out there who think that trump -- they have a caricature view of him. there are many people on the left, almost all of them, and a fair number of them in conservative circles who think that trump is an idiot, has no knowledge about the world.

what do you say to that? smart, knowledgeable, or no? >> he is very knowledgeable about the world he lives in. very knowledgeable about the world of construction, about the business he has built. one of the things to me working on this book to me was the depth he reached. in his business dealings. it is known he had a roller coaster sort of existence. i think what is surprising is that in the corporate bankruptcy, not personal bankruptcies, he talks about. the corporate bankruptcies where there were six, not four and three casinos when into corporate bank at sea. he said, i consider those bankruptcies one legacy. they were three separate court bank of the proceedings. so he looks at it and tries to prepackaged it and tell the public here's exactly what i did. but there was a real roller coaster quality to his career, and the depth he plummeted to oftentimes with death-defying. it's amazing he could survive sometimes any sometimes running roughshod over creditors and bondholders. we said, how did this workout, and you said you wanted what was best for atlantic city? he said, "at the time i was making the best deal i could for donald trump. i had a saying, survive until

1995." he was afraid he could not last that long, that he would have to perhaps declare personal banker at sea and all would be over. he had to take a lot of maneuvers that we detail. we going to detail in the book. that bring that to life, how he basically leveraged a difficult situation with the bankers, and made a lot of deals that helped him survive. alex: we know that trump is notoriously pug natures and litigious. he has been recently no fan of "the washington post." you had 20 reporters working on this with his cooperation. can you tell us how that happened? >> yes. when we made the deal with the publisher, as a courtesy, i call trump's press secretary hope hicks a few days before the

announcement of the book and i said we are doing this project, we would love to sit down with mr. trump for a series of interviews about his life and really get into all the different aspects of it. and before to get the word out, hope said to me, you are profiteering off mr. trump and we will not cooperate with this book at all. she was quite angry about it. two or three days later, she called back and she was all peaches and cream and said she would explain the project to donald trump, and he was thrilled about it and he wanted to cooperate or he wanted us to visit him in trump tower and spend time with him again and again. and that is the essence of who donald trump is. he believes that all publicity is good publicity. she believes that he can manipulate reporters which ever way he wants to. yes, he was generous and gracious with his time, fully cooperative. and yet a lot of the times it was hard to get a straight answer from him, there were certain people he would not let us talk to, and he did regularly threaten us with lawsuits.

we know that he sued the author of a previous book for $5 billion despite the fact he told us he never read the book. alex: tell us more about his mastery of the new york press in the early stages of this campaign. >> from the very beginning of his career, he used the press to create this image of himself as a billionaire, as a rich guy, as a powerful developer who could bring political forces to bear and get projects completed that no one else had been able to do. he picked this up in part from the legendary new york lawyer who was his mentor. all publicity is good publicity. when you are attacked, counterattack 10 times as hard. and trump absorbed this. he had from his mother a sense of himself as a performer and from his father's sense of himself as a powerbroker and someone who could force deals to be made. he put it all together with the idea if he could get himself associated with the prettiest models, the biggest celebrities, studio 54, that whole scene, that would help create this image of him as someone people wanted to be like, this

aspirational aspect to the trump brand. he has been building on that ever since. john: want to ask you about his brother fred. the one who was an alcoholic, died very young. what kind of impact did that have, if any, lasting impact on donald trump? >> yes, well, he talks about, donald trump talks about several key events in his life that were among the most tragic, and the deaths of his parents, his mother and father, and fred was another incident where three executives died in a helicopter crash. the death of fred was impactful. donald trump looked up to his brother. he was better looking than donald trump himself. yet donald trump followed his father's path as a builder. for whatever reason, fred trump decided he did not want to do that. he decided he, wanted to be a pilot and donald looked at that, how is that different from being a bus driver? he did not see the quality and wondered why his brother was not going into the family business. fred trump was very happy doing that, but he also had a lot of

difficulties. according to donald trump, he drank and smoke and died at an early age. so, donald trump looks at that and says, i learned from that. that i never want to drink alcohol and he says he has never had a single drop of alcohol and he is never smoked. he is try to learn lessons of his brother and looked up to him and feels sad about that. but donald trump's way is to look at a problem or crisis and figure out where do we go for here? you saw that again and again. some people watch donald trump close to him and talk to us and said, he would get emotional but then he would move on. they found that astonishing but they said that was a consistent characteristic of donald trump. alex: once again, their book "trump revealed" is out now. we'll be right back. ♪

john: you've got to head over to bloomberg politics.com to see how campaigns are using snapchat to target young voters. coming up, emily chang sits down with the u.s. secretary of transportation, and a mega thank you to the great alexandra -- for filling in. alex: tip your servers. it has been my pleasure. this television experiment is the best thing that has happened to me this week. john: say sayonara quick. alex: namaste. ♪

rishaad: it is the 26th of august. this is trending business. ♪ > we have more pressure on the bank of japan. prices have dropped for five straight month. targets are remaining way out of reach. aren-pacific stocks expanding a losses. janet yellen speaks at jackson hole. a rate comment