live from new york where business never sleeps, this is "squawk box". ish. >> good morning welcome to "naz tack. i like yours a little morer. why? looks like we were open off. about foev points off. narksfully can do that and divine why that may be. of course we're going to get to a lot of the geopolitical news and they have ideas on why that might be the case. the nikkei looking like it's down. the s&p coming off first back to

back losses in 2017. overnight in. asia, many markets were closed. nidtei nearly fell half a purr ofsent. and in plafr the ftse is down biule most 2%. and a quick take and look at currencies. you either making trips or planning to sell stuff elsewhere where the dollar or six. that's what we got going on? >> a developing story out of canada. and canada's prime minister congeming the shooting as a terrorist attack on muslims. two suspects have been arrested. delta flights are beparkding afun and afin and thousands of

travellers were ler. pin nenpo and it expects more cancellations to come. around nide nite it released a tamnt apologizing to those who criticize its direction. the decision will be wednesday 2:00 p.m. eastern piem and tomorrow we get the paychecks, ihs. on wednesday index. the plo poothat. lots of big tech nimp bens this week. amazon's numbers are out on thursday. import ntd dmb. maybe we need relies we're not so many analysts have said the markets

move gaeks sent to be anywhere because of the triem. it and people analyze the numbers and suddenenly we're back to 1-8 and for the year, 1-6. it should be interesting to watch, look at their outlooks. although the fesds not going to do anything, right? >> she could do that for someone i don't care about. >> when you say stanford you're going to fwcome eke or do you personally think they're on the same -- >> no. that's why i don't think about it. >> i just had to -- because we talked about it earlier. >> i know. >> thank you for playing

aclaung. andm a restrikds by fails it if i am the weekend. . u.s. cities. hundreds of people were detained on aprievl to the u.s. including green card hoerlds, sitgens and emploich ooze and the whites is dchds the moveple the rms has nothing to do with religion. the media is falsely reporting. but many courts are taking a stand against the executive order. u.s. judges in at least five states i bloojs feemgee favor..ly but to always work is

it baem it wasn't clier fau we were playing a game. en the you get to banana republic. rrs ych r goetoob do thenchgs through executive order. and frev it stands for some of the same things as in the fost. during the iraq war, things like that. usually -- these have held up. >> this is becoming a huge business story tan you reand so many consuming the roll out and how it has been limpicted. good morning, andrew and the

department of security will continue to carry out donald trump's executive order but trz rr ought of intraesz as to whether this will go and what it kment so we ohe's democrat and immigration advocates roary up set pliek hoiks squer actually diz start with that graphic. it also suspended all ref ienl ial up for the and sou tan sune and we saw those protests to it federal judges in fem is it we

saw restaekz and lindsey graham issued a statement saying see weir this bay be men trom the conservative coach brothers put out a statement saying the travel ban is a wrong approach and will be contrabrlsh. it appeared to fwaung a boon bhorts had plow are edtb and and in the national interest and therefore will be taken as a consideration in vetting those who come to the united states bp. donald trump issuing a statement saying this is not a muslim ban, this is about terrorism and protecting the countsry. >> as you predicted and we were expecting a today policy an executive order then morning and

at some point we're are expecting a supreme court nomination. a very busy couple days in washington. >> walk us through what you think is going to happen in the next 90 days within the incredgence and security communities in how they're going to approach extreme vetting to the extent they needed to. kw they needed to ashouns they burr going to glieng these countsries. what is supposed to happen? >> there is vetting in pras but a twre zemably they'll all haveriers to that fame squapow tom is dash but the roll out is tearly chaotic. you get annive for the media explaining what it does and

tuzant do. and then contact with the armnts and officials on the ground at the parts of intry to explain what the new rules will be and when they bow into place. there was confusion in the roll out. and the firstdies wilg bow fig your impact. >> and the most important piece is not the people itself. we have business viewers and invrsers who have moved the marge in touch sids i can do that. frurs. >> does this changing the dynamic? joe's favorite publication druj, where are tax quds with led the

stoemsz and an is a sl. i did like that headline. where are the tax cuts? it's been a week. >> tax cuts are more complicated. >> we can't even keep up wp what's happened already. when you come in and a lot of reasonable people said i want to be smoe when irts rut looik your enhance the your aumpany's bout it gives your opponents and allies -- we'll see. >> that's why i gave you those statements. these are opposed to this and we

saw nation wide protests for the second week in a row. that's how the trump administration were getting off. >> the first progrem. foe tow in protest 230u7b. >> rin trasquu mow blee been preand an expeck tashz that all of these things are going to. happen. terpg paerlly and twikly nm. >> we were talking about the trump rally. what does he need to do to keep that rally go sng one of things he needs to do is yits you in food foithz. and largely on those expectat n

expectations of boeing vinylized in a way that satsifies everybody. when you add all of this stuff to it washington does not paumpg efictively a naupal fwun for the business community. on immigration, give you conif thence that the trump an mip phrase will roil out these other falls in a way 24 president kmupt is looking for. >> and doubts that the kormerate tax agenda won't be bubailitated. they're very proud to say look at dou twept thousand sglm kipically with comes about the stock market, whiesh republican,

dam have tsds some wark lths go up, or down t and we saw kellyanne conway saying this was the thump event. they wanted to take political credit for the trump alley as paepal are uling itten and you also own it come the pep fum sclo. >> these risgriez squoo plieling this morning down. fun thoen. so riser a little early to be deingt deingtle. and the other thing is that -- i mean look how we were in mexico.

if there's a skoets pick today, skreered. and i wouldn't be surprised. it's unbelievable. and we'll see. and with asking whether she tooked a smin stragz for you. they don't want -- >> i hear you. >> age, thank you. josh live rob pksings all the teacherer swinging. ceo's and executives from most of the fijer done companies voish their toncerns including those on facebook, tetswork and amazon.

did somebody sebd a memo to see thiej ws initially guile saying whip 00 of its emlow low had pinict aand brin even joined protesters at san francisco international to the airport, ceo dim took saying that they they've reached out to the white. i share your concerned. it is not a pall sauce we elow botch aug. but kwaurted mere than halve of the if i am tourptsz and perhaps no rise that tech fiv was done.

>> it's interesting because elay plausk has been a conghidered. his twitter follow ors to reads the executive order and watch it bill his ed administration. >> yeah. kwloing that's true. not just elan and musk. jeff rumetty. the dialogue between those and and sophia had had koorm kep eight. en a ta. >> really make thing a meaningtle imfact.. is how it's going to eveentd my

man. stou had age tanl etait said to t the. it was personal to them. i think it was very clear it was a political principal important to them as executives. i also think -- you mepgzed consumers. i think they're reacting to their own employees who were overwhelmingly opposed to trump in that election. for every one dollar that tech employees gave to kon kon, they gave more to children. thank you, jush. >> let's get back to the fuchets

he burned the house. and were either of you surprised by that gdp number that we saw? do you think we were in better shape than that? >> were your corforecasted enable us being in a hoyer year. >> first of all consumpson music is not all. in fact, we still think fourth quarter is going to track 2.3% when all is said and done. i think all it was good to 20s 17. we're clearly seeing a fic up and trurtenly boent want to see her this study is so of and 2017

aunless you want to pangs otwith us. >> healings out with you. er you assume itsler happening. >> we certainly hearing from nimmal about her sleech poging tis connected. it will be easy. just druv it like a reto and this motion of we have a more aursal ernl is eeissy more construction in the wrong purier and lintinglerry see toerp and we're looking at anywhere from 8

to 10% eps growth for this quarter. i think wrarths most important is to put 8 to 10% growth in context. a year ago when markets were falling. we were in the midst of a pretty big pole back. done sgoen 1/2%. and intetd of empom smpts ims and so for uz the folkish on earning form as pro equity environment for markets. the 248 on the 10 here. if it doesn't get moved up to where multiples need to contract. we need rates to. >> go home two pir. >> i think what you're sighing is the norm stis of roitz.

if it's not, justson no. it's skpuk in the mud. >> gut we're normalcising back down. we want him to unravelize. >> so right before the election. 10 year is phone peal. towith normalizing rates. i expect to see two or three rate hike this dwreer. you're not going to suddenly see it. can we please go back thoo platical news because i want to sns when it's nize or

irrelevant. and it's irrelevant and relevant. >> all of last year we had had sneeze navs political tork amfum oum fem tad the show. fwrrs 13 1/2%. so here we are starting 2017 and we have a lot off the pitful hes h head. s. for for frrtser andtop and epofocusing investors attention away from this. and i think it really ties well into your question about headline into it. investors have turned again into netted fellerse of this prael apporous when you look at both peck frufreeuns.

the biggest bull market -- no, the biggest bull market in history, 1982 to 1999. stocks climb. that's expected. >> it was a pro business -- at least a notion that we're going to be friend leer in terms of regulations and tax ballacies. if you have social media every week is that enough to cause the market to get enough depp debt. or if it pushes back the tax reporm pop. >> no hope for that. will bheecome less able to do what he says he's going to do. er coming up. thank you, joe. center frump poke to vladimir

putin on sunday. in moscow with more details after the break. ♪ ♪ it's been over 100 years since the first stock index was created, as a benchmark for average. yet a lot of people still build portfolios with strategies that just track the benchmarks. but investing isn't about achieving average. it's about achieving goals. and invesco believes doing that today requires the art and expertise of high-conviction investing. translation? why invest in average?

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president trump taking time speak to other world leaders including russian president vladimir putin. jeff. >> reporter: very good morning to you, melissa. we've just had foreign minister say there was a basis for mutual understanding from this nearly one hour long conversation and there was nearly a meeting of minds over terrorism with both presidents signed up to the idea of fighting isis together but it seems that's where it stops because the issue of sanctions on russia apparently weren't brought up although here in moscow there was the basis also for an impriep ngs in. economic relations. and the dilemma is thet all for many who are very unhappy about

the idea of easing thanks at this point. i think the relationship between rush and moel more mosquey and descuss practically ground to a houltd. they are cautiously optimistic things are moving in the right brekz. >> jeff, thank you. in moscow. before we go apparently the big show at thalnflee. we'ver all had had balls who call us on the weekend. anyway, coming up new survey data on business optimism. plus backlash over president trump's ilgration order.

as we head to a break take a lock at yesterday's.

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conditions. the number that expect sales rose sharply from the october survey and nearly 60% of brzs expect to raise bhajs and salary. rose to a two-year high. joe. president trump and the republican controlled congress will push for tax reform but how will it impact the price of crude and prices that pump? i've seen interesting stuff on this. it would spurn more production here. >> there is a lot at stake for the energy industry. we import awful thethere same to peat our meeds. thir rar different grades of ail but not praul affpethey were burnt up her. imforts would be

axed more than experts. that's imports would descreen and more decline for w 6 bic up there. two more oil going overseas. they're estimating there's a mall smans of this unfolding and let's talk about some of the winners and losers. the production companies and their partners would do really well. but a consumer would get hit here. the last two years have certainly brought us relief on that front. and that's going to take a hit on. the people that go to fill up the pump and spend elsewhere, effort..

>> back to palmtics. the back lash over president trump's oberation order and tulling on fivs to show more werrage in tanding up to the hose. she jonas us now. they need show more coverage. but this become as moral issue, a political issue and how does it come bj an inkrersm because you can say leadership bauts bay have imbon us. and have been part of this wave. so what i'mer hearing from a lot of ceo is deep unease about

what's happened. and more find their voiced on coming day frei know and restekt can emr other.s. ertzer rr okay to say we loved you tax cut. yes, we love regulation but it does not have to go hand in hand -- >> and here's the great cunundroom. kwlb similar conversations over the weekend all of whm -- iicide say all of hm all up pull fd rr it this moan and yoez froe are tackeds like the -- like highify houps skp sw and it's been good for the new york times. >> what they do for the yucky business too?

hierds they were saying well, we can't come out the first week andify anything. well a, you can instead -- because the point is thet maybe shood try to talk doin taandal spell it sgres. kwrs does not mean you have to injoisz kpraung. eninss opyeah saw what hap bd when he was southout. certain companies, starbucks was in the other end. pepsico. if something was completely out of door and she's dangerous.

i have went out and stoetd.top of course you got a lot of poempo asgroe yes, she has your hard. jb can understand that. the question is whether or not you're willing to stand up and put their money is. >> from a ceo perspective, do i want a government who has summon toetding where you fes beeny military spending. bus the president has -- don't they have certain amount of political congo. >> what he's gun are is kwoishtop there are all over the country.

the kwing is what are hay and kw puv pub and are emowith no one gets their tries triesen etrowill their ceo's on the counselor actually use that power are are they dg for bure tanty. and just usually yiels and teal. er for. eitherer you do it in a form of a public protest or you do it scarefully with these we're bogue to get in the rath caten. talk about the fact impact.

especially in a high skilled areas, tech. that peoples samuch more constructive way than make thing tatalt tit or i aunts heir. and if so, that isvate. are what is not great is popeling the peeal sile...ened it in the face of the faeltd.. pft a place where not my welcome. that was as much what rrts going on here as well as elsewhere.

>> absolutely. i think more ceo's will be coming out and say we're looking to hire refugees. chipotle has been out in the forefront. and that needs to be done as well. >> all roilg. and coming up kelly ann conway joins us by the latest executive orders and his sweekd calls with world leaders. he is the president of the ceo of the international wrestle dumatic. and i want my teep fwrped in crosswalk box on cnbc. ♪

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world state council, trade under the ticker gldw. a lot of people familiar with gld, a popular way of investing in gold. this has the edge. is that right, joe? >> yes, bringing gldw, leveraging platform for gld. you're correct saying it's backed physically bars of gold. we overlay a currency head strategy through a gold delivery agreement that allows the investor to receive the benefits of a strong dollar environment. every day that gold delivery agreement settles in bar form. you're going to get the benefits of owning gold and owning gold in a strong dollar environment. >> what's the difference between doing this and buying gld and buying dollar or in your portfolio overall aren't you hedged against this as well. you have other assets like

equities that will theoretically rise in a rising dollar environment. >> i think a rising dollar environment had been a disincentive to buy into gold. what gldw does is take the dollar exposure out of that essentially. effectively a u.s. investor buying gld is shorting the dollar. gldw takes that out of the equation, so removes the element. >> we say to investors and increasingly hearing investors saying allocation to gold they are considering seriously. it's becoming mainstream. we're asking them to lo at gold in their overall portfolio. now we have a product that will benefit strong dollar environment look at both products gld and gldw together and see how they will perform over time. >> would you say gld is more of a hedge than gldw?

gldw would move more closely with other assets in your portfolio where gld would have in verse relationship. >> the reverse. gldw is marginal but over the long-term gldw tends to be a better hedge, better diverse fire, if you like, against other assets in the portfolio than gld but it's close. >> what do we see in terms of demand for gold? it's interesting because in the past few weeks we see a rally. what do you anticipate in terms of investor demand as we enter a time there may be questions about where we go volatility? >> i think as far as 2017 is concerned, if there is a certainty, it's probably uncertainty across all financial markets. gold tends to thrive in that kind of an environment. immediately post election there was a dip in gold. everybody was expecting president trump to be very inflationary and force fomc to

abandon gradual normalization of rates it was planning on. that's kind of going away at this point. people are just basically uncertain and that's why we've seen a good recovery in gold and why we would expect to see that continue through the year. >> can i ask why the long dollar element? just to get more optionality? a lot of times when people buy gold partly concerns about basement of currencies. was this meant for more portfolio options, compartmentalize trades along dollar and gold? >> i think that's right. what we ultimately want to make sure clients are understanding, in market stress and times of concern on where to put your assets we see clients are flocking to safe haven assets. they include the dollar. they include gold. so the effect over the last three years, in particular in a weakening environment european and global currencies, it offset. what we want to give people are choices of pure gold with gld

and with the benefit of strong dollar environment. >> thank you very much. good to see you. >> our thanks to mike ryan who has been hanging out with us for ubs for the other. when we come back kellyanne conway will join us on the president's immigration order. a lot to talk about with us. his calls with world leaders that took place over the weekend. we have her and a lot more when we return on "squawk." runs on intel? that ride share? you actually rode here on the cloud. did not feel like a cloud... that driverless car? i have seen it all. intel's driving...the future!

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president trump defending his immigration ban. >> you see it at the airport, you see it all over. it's working out very nicely. >> protests erupting at

airports. counselor to the president kellyanne conway joins us to talk executive orders and what investors should take away from the president's moves. corporate america also responding to the president's immigration moves. chemical company rpm joins us to talk jobs, manufacturing and executive orders. that interview just minutes away. plus defending the rights of refugees. president of international rescue committee and british foreign minister david mill ban will join us as the second hour of "squawk box" begins right now. >> announcer: live from the beating heart of business, new york city, this is "squawk box." good morning. welcome back to squawks right here on cnbc. live from nasdaq market in times square. we start this morning with a quick look at the markets.

futures at this hour look like they will open down, 57 points off, dow open down, s&p p s&p 500 down, nasdaq looking to open off about 20 points. we're also watching the price of crude. a barrel right about now 53.33. quickly let's check out the currencies this morning as well. looking at the dollar against the euro at $1.06. here is what's making headlines. a big week for economic numbers and earnings with policy measures thrown in the mix for good measure. investors also looking ahead to december employment report friday. snap incorporated president of snapchat with a corporate filing so investors get a look at financials. toyota no longer best selling automaker. just released 2016 numbers show it sold 10.2 million vehicles

last year, that pushed it to number two slot behind volkswagen, 10.3 vehicles despite emissions scandal. toyota occupied top spot for four years in a row. joe. a few stocks to watch that are on the move. csx in settlement talks with ceo and activist investor paul hill. "the wall street journal" said the talks come less than two weeks after they partnered with hill's fund mantel ridge to buy large stake to broof the company's performance. lowe's is launching $5 billion buyback plan. this adds to the previous program, remaining balance $627 million. so the trump administration spending the weekend defending the president's executive order suspending refugee entries for

120 days and restricting immigration from seven nations that have a muslim majorities. eamon javers joins us with more and the latest from washington. eamon. >> you saw protests rolling across the country and the white house over the weekend. a lot of confusion over exactly who was being detained, deported and what it all means. let's walk through the trump executive order what it does and doesn't do starting with barring all syrian refugees. that was the first key point of the trump executive order. refugee admissions for 120 days. it blocked citizens of seven muslim majority nations for 90 days from united states. iran, iraq, libya, somalia, sudan, syria and yemen. that proceedvoked a series of reactions you saw democrats and immigration proponents up in arms over the weekend, but you also saw federal judges in states issuing orders that blocked parts of the trump order in terms of who could be

detained and who could be returned to their countries. you saw conservatives, john mccain and lindsay graham saying we fear this executive order may do more to help terrorist recruitment than improve our security. the koch brothers conservative group, their group put out a statement saying, "the travel ban is the wrong approach and will likely be counter-productive. the trump administration did appear to back off on one point on green card holders as dhs issued a statement saying entry of lawful permanent residents is in the national interest. an extraordinary weekend over the weekend. today we're expecting at least one more executive order from the trump administration. not clear exactly what that's going to be and possibly a supreme court pick at some point today or this week from the trump administration as well. a lot of moving parts here, guys. >> eamon, thank you. eamon javers in washington. some of the world's largest countries are speaking out against trump's immigration order in e-mails with subject

line, standing up for what's right. uber ceo writing, this order has far broader implications as it also affects thousands of drivers who use uber and come from listed countries. we are working out a process to identify these drivers and compensate them pro bono during the next three months. starbucks ceo howard schultz writing to employees saying the company would do everything possible to support affected workers. starbucks plans to hire 10,000 refugees over five years in 75 countries. nike ceo mark parker saying nike believes in a world where everyone celebrates the power of diversity. regardless of whether or how you worship, where you come from or who you love, everyone's individual experience is what makes us stronger as a whole. this is a policy we don't support. a strong objection from google ceo who sent an internal memo saying, it's mainful to see the personal cost of this executive order on colleagues. we've always made views on immigration known publicly and we'll continue to do so.

search giant with a $2 million price fund matched up to $2 million in donation frs employees like american civil liberties union google's larkest crisis campaign ever. other companies taking a stance against executive order amazon, netflix, ebay, twitter, airbnb. >> ibm was tepid. more on the moves. founder and ceo of executive search firm and more importantly this morning he's an iranian and swedish dual citizen living in the u.s. and he's here on a green card and we welcome you to the show. good morning to you. >> good morning. thank you for having me. >> you were not supposed to be in the country this week from that i understand. you were supposed to be traveling. >> that is correct. i was supposed to be going and visiting our asia office in order to see how they can help us continue our growth. we've been growing our employee base at 70% a year in the u.s. and our asia office has helped

us in doing so. >> at what point did you decide you weren't going to make the trip? >> pretty much as soon as i found out what's going object on friday. i mean, i have a wife, i have two children here. i don't think my wife would be very happy with me if i were going to leave the country under these circumstances and risk not coming back into the country. >> given the comments that we heard on sunday about a little bit of the rollback or perhaps clarification of what the executive order entails in terms of people who hold a green card like you, does that change your view at all? >> well, i'm not a policy expert. i'm a small business orb. i think that the rollout of this executive order has been very hasty and has been done in a very clumsy way. as business owner i think this executive order has created a lot of unsesht. this will impact how we're going to be conducting business. i think there are a lot of other businesses that will see it the

same way. if this executive order is indicative of how laws are going to be rolled out over the next four years, i think that a lot of businesses will hold off on investment decisions. >> i want to get to that in just one second. to the point about your own travel plans. now that it has been clarified to the degree you believe it has, that green holders are allowed back in the country, are you planning to resell that trip? >> no, i'm not, because it's still not very clear to me what has been rolled back and what has not been rolled back. there are statements from various officials being made. again, i'm not a policy expert. there are a lot of different pieces of information going around. there are enforcement officers that will make individual decisions on detaining people. there are airport personnel making decisions on not allowing people to get on a plane, and i just can't afford being locked

out of the country when i have two small children here. >> your firm is a group of many corporations. you talked about investment and corporate enforcement. what are you advising them and does this change the calculus at all in your mind? >> i think you talked about google. google alone had over 100 employees abroad the week when this happened. now a lot of our clients are forced to start playing musical chairs with their employees and trying to see which person can be deployed on what project as opposed to just focusing on who is the best person for the job. unfortunately this will push back investment decisions and companies cannot focus on how to create value for their shareholders. our advice for these businesses is to try to understand this law as quickly as possible and also encourage the administration to be more predictable so they are not creating so much uncertainty

for businesses. >> ata, one of the next we talked about is the role they play and whether they should be speaking back on issues and the potential blowback they might get from customers, suppliers, clients, et cetera, on what might be described as moral or humanitarian issues relative to business issues. how do you suggest or advise that companies think about speaking out? >> sure. i mvp, we're living in an increasingly global economy. i think a lot of these businesses understand that. there are multiple issues here. on the business side, this does have clear implications on business issues as well. as i was saying, this executive order was rolled out in a very hasty way and a very clumsy way. it's been extremely unclear the entire weekend whether green card holders are allowed to get back into the country or not. from a business perspective, we

don't like that type of uncertainty. it doesn't allow us to make good business decisions when we have so much uncertainty in the economy. on the moral side, i think it makes the u.s. look bad and increases anxiety in the world and anti-americanism. i think that american businesses unfortunately will see the implications of this abroad when they are trying to sell their products. >>-of- final question for you. when you think about the security issues in the united states and how we deal with countries in the middle east and given where terrorism has lied historically, as somebody who is from iran and from the region, how do you think that the u.s. should think about that? >> sure. i mean, i don't quite understand how this executive order is going to increase safety for american people. if you're currently a terrorist

living in the u.s. and hear about this travel ban, you're no longer going to leave the country. you're going to just stay here. it increases the risk of terrorism. if you're a terrorist abroad and you hear about this ban, you're just going to wait 90 to 120 days to get back into the country. i think the u.s. should separate its policies against iranian government and iranian individuals. when you look at iranians in the past, there are extremely few iranians who have ever committed terrorist act. 15 out of the 19 9/11 bombers were saudis. if the trump administration is truly concerned about the american safety or safety of the american people, they should look at those data. >> atta, we appreciate your time. thank you. >> thank you. >> coming up rpm talks jobs and

manufacturing under president trump. later counselor to the president, kellyanne conway is our special guest. then the presidency of international rescue mission an agency devoted to helping refugees will be here to discuss trump's controversial ban on immigration. you're watching cnbc. where, in all of this, is the stuff that matters? the stakes are so high, your finances, your future. how do you solve this? you don't. you partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. morgan stanley.

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box." a developing story overnight. delta flights are departing again. a ground stop lifted after a system outage led to delays and cancellation of 150 flights. thousands of travelers were left in limbo across the country because of that outage. the carrier said it expects more cancellations to come around midnight. delta issued a state apologizeing to customers impacted by what has turned into quite a frustrating situation. really an illustration of choke points when it comes to computers and what's happened. we had a similar outage, if you remember, a couple of weeks ago that united suffered. >> yes. this is just in terms of not -- there's a lot of on board computer stuff that's important. i didn't even want to bring it up. you're not flying soon anyway. >> thanks. >> you're welcome. reviving manufacturing

industry in america is one of the president's top priorities. here to talk more about the impact of regulatory reform on the industry frank sullivan, chairman and ceo of rpm, which makes paint, really. coating, sealants, specialty paint, right? >> yes. >> i wouldn't think dodd/frank or regulatory issues affect you that much. but in reading your notes it's pervasive even in your business. >> the business environment has been a challenge long before president trump was elected. i think that the regulatory issues and regulatory reform has to lead before any of the initiatives he's talking about for business can be affected. >> give us examples of things you have to deal with at rpm. >> i can give you a couple of big picture. number one congress has passed legislation that appropriately looks at tax evasion, looks at

multi-million dollar bribery, looks at bernie madoff like accounting fraud. over the last six, eight years the way it has been promulgated in terms of regulation is today we are now prosecuting accounting mistakes as criminal. we're chasing general counsels and ceos and compliance people for small mistakes. ruining careers and reputations. so i saw somebody earlier on your show this morning talk about ceos being afraid. ceos have been afraid of government for at least a decade. they have got plenty of thick skin and it's a challenge. i really think the regulatory environment has to change, whether it's on the infrastructure or productivity or business activity. >> and then layer over that some type of tax reform bringing back money overseas. a lot of those things you could

connect the dots at rpm, your earnings would go up and stock price would go up. >> sure. infrastructure is a big deal for us. we make some of the best coatings in the world for concrete and steel. we're very excited about that initiative. but i've got brother who has been on your show, senator dan sullivan from alaska. he introduced a bill in the last congress to make the permitting of an existing bridge, to rebuild an existing bridge no morning 12 months. got defeated in the senate. it takes 10 to 15 years to permit a new bridge or new highway or newport. all the infrastructure spending congress will pass isn't going to matter unless we address regulatory changes that allow it to be spent. >> question for you, you talk about ceos having thick skin and to some extent afraid of

government or somewhat fractured. donald trump tweeting literally while you've been speaking right now. just out now, only 109 people out of 325,000 were detained and held for questioning. but here is the interesting part on the business side. big problems at airport caused by delta computer outage. we were just talking about that delta computer outage moments ago. there's an ellipses meaning another tweet is coming. bigger problems caused by delta issue. >> which is a domestic issue. the outage affected domestic flights not international flights. >> nonetheless, now you have the situation where you have ceo going on the attack against, to some degree, a company, mixing in this other sort of political issue. how if you're an executive are you supposed to think about it and deal with it. >> so let me give you the big picture from regulatory perspective i explained to friends and family who say tell me about this. as a cleveland cavaliers fan,

big fan of lebron james. draymond green comes out, smashes lebron james, he should be put in jail like bernie madoff. an mba that says i know how to solve this problem, we're going to add a fourth ref to every nba game. we're going to empower to call more fouls, flagrant fouls. they do that after a while flagrant fouls and technical fouls stop. bam, draymond green does another one and nba regulators say, aha, we know the solution. we're going to add a fifth referee to every nba game. pretty soon long-term investors, season ticket holders, people who buy tickets, they aren't buying it. the game takes three hours instead of an hour and a half. the players aren't having any fun. that's a little bit akin to what's happened in business from a regulatory perspective. it's just not my opinion in the last 20 years we've gone from

9,000 plus listed companies in the u.s. to over 5,000. people are voting in a way that's not healthy. >> the question is if you're afraid of trump tweeting about rpm. that was a great answer you gave because i don't really think that's paramount -- maybe others, like you said, for a decade ceos afraid of the government and it didn't start with trump's tweets. >> i think that's correct. i think people are afraid to stick their head out in the last eight to ten years, there's good evidence on minor issues the government can cause you a lot of problems. >> are your parents alive? >> are my parents alive? yes, they are. >> do they say i have a son that's a senator or a ceo of a company. are you in the shadow? are you the black sheep?

do they acknowledge you're their son anymore? i think ceo is great. i don't know about politics, depends on the politician. >> tell you funny story about my brother dan. in front of a portfolio manager add fidelity in 2006 and told them i was in a hurry because i had to go see my brother senate confirmed as secretary of state after graduate degrees from georgetown and harvard, time in the marine corps in the middle east and portfolio manager looked at me and said, seems to me you're lucky he wasn't interested in the paint business. for the record, i voted for my brother dan sullivan for president in november. he'd make a great one. >> frank, thank you. great to have you on. >> thanks very much. coming up, kellyanne conway on defending president trump's order to temporarily ban immigration from certain muslim countries and questioning the media's coverage of the new administration. she'll join us in just a bit to discuss us.

meantime check out futures, lower open across the board. stay tuned.

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>> president trump tweeting just minutes ago, as we told you. we've got the second half of the tweet. maybe we need 300 characters, i don't know. only 109 people out of 325,000 were detained and held for questioning. big problems at the airport were caused by delta computer outage. and then, protesters and the tears of senator schumer. meanwhile he goes on to say secretary kelly, all was going well with very few problems, make america safe again. joining us with insight into the president's executive order council to the president kellyanne conway. good to see you as always, kellyanne. >> hi. >> just to clarify on the green card, that's been walked back a little or changed? where are we currently on that, just so -- we just had a guest on that's afraid to leave the

country. he has a green card. he says it's not clear whether individual agents will honor whatever the latest dictum is. >> that person should rest assured the legal permit residents who have green cards, yesterday there were 170 waivers requested and 170 waivers granted. this country has an interest in the full faith and credit of our green card program. that is not who this narrowly described temporary halt is meant to apply to, joe. this is a very narrowly prescribed situation in the executive order and here it is. if you are a foreign national or citizen of one of these seven countries first identified by president obama in 2015, then you cannot come to the united states at this moment. if you have a special situation to be here, you will be evaluated on a case-by-case basis. it is for 90 days. it is temporary. president obama in 2011 had a ban on the iraqi refugee

entrance into the country for six months or 180 days. why does nobody remember that or didn't protest it? could it be we didn't have much coverage, did not have senators with tears in their eyes or bull horns protesting that. the total misinformation and information underload about the facts and figures that attend this executive order are astonishing. they have a real obligation to calm the public and inform them what it does and more importantly what it does not do. >> i was going to go on. one more tweet out to the president, kellyanne, nothing nice about searching for terrorists before they can enter our country. this was a big part of my campaign, study the world. there's a heritage piece out. i've got to say, kellyanne, your side of this and administration side is lost in the shuffle to some extent.

>> yes. >> and -- >> that's why he has to tweet so the media will actually cover the tweets. in the tweets so far this morning, everything those of us who have been out explaining the president's executive order has been saying since it came out the other night. it's very simple. the president has to tweet to get media attention and put it up on the screen as facts. it's pretty remarkable. >> the rollout itself, kellyanne, is people, chaffetz and others who say i want increased vetting from those areas of the world. but they are saying the rollout was handle in a clumsy fashion. it does at times give the opposition and protesters grist to make things more difficult the next time you do something else. could it have been handled differently the way it was rolled out, or you're satisfied. >> so keeping the country safe is the president's first obligation. why would you delay implementation of a measure that's meant to meet that objective of keeping the country

safe? his first objective is not to mollify protesters who will never be happy, even after they benefit from his rollback and regulations and tax relief packages, infrastructure, making health care more affordable, accessible, free market in nature. even though all the protesters, everyone else, nay sayers, critics will benefit from that will never be happy. that's fine. he's president of all americans. why would the president delay implementation of the measure that was meant for his first responsibility, which is to keep all of us safe. look, let's will-of-also put statistics on the board, because it's important. the president said it in a tweet. people like me on sunday shows said it yesterday. 325,000 people came through our country airports on saturday alone. you're talking about 109 being detained. an additional few dozens i'm told not being able to board airplanes in other countries. you're talking about a temporary

and mild inconvenience compared to keeping us all safe and getting a handle on what our vetting procedures actually are. joe, why do we have to wait for the next trablg difficult to strike to say how could we have prevented it. why are senators stoking protests at airports. they never get this excited when they walk by homeless people in new york and washington every single day. they never protest outside v.a. hospitals where veterans are dying for care. >> kellyanne, the issue is less about the actual plan itself, though there are clearly questions about that, but the implementation of it, the confusion it has caused and the extent it has caused continued confusion. this is "the wall street journal" who has recently been relatively supportive of the administration saying the refugee ban is so poorly explained and cared for it produced confusion and fear, political defeat, fury at home an abroad. governing is more complicated

than a campaign rally. >> that's really unfair. that's unfair. actually a senior administration official provided an updated briefing on this executive order just last night for 45 minutes to the media. i was there. i don't know "the wall street journal" was there but a pool report went out. it's there for everybody to read. plenty of clarification. the idea that people have protested every step of candidate trump, president-elect trump, nominee trump, president trump, president trump day one, day two, day eight doesn't mean that the executive order and its implementation, its rollout could have been done differently. it means people will protest especially if they are underinformed. what's the confusion right now i can help clear up. i'll be happy to. what are you confused about? >> clearly we're having guests on literally as you saw, a fellow who has a green card who clearly was confused enough to cancel his trip. he represents and by the way

works for multinational corporations, says he would advise them -- he thinks this is going to slow down investment. there are people who have real strong views about what this is going to do. then there's the larger question, which is what does it say about our country and what is your reaction when you hear people like netflix or ceo of nike or ceo of starbucks make the comments they made about what it means to be an american and what it represents, more broadly. >> seriously, what does it mean to be an american? the most generous country in the world when it comes into accepting people who are being persecuted based on their religion. we are the most generous country in the world when it comes to immigration policies but you have to go stand in line. you can't be, at least for the next 90 days, a foreign national or citizen of seven countries president obama, the hero, i'm sure of the people you just mentioned, that president obama identified in 2015 as being

high-risk for terrorism. these are countries known to harbor, train and export terrorists. this isn't difficult. we have 46 other majority muslim countries that are excluded from the list of seven. pakistan and indonesia have very lashlg muslim -- large muslim populations. they aren't on the list here. look at it for what it is. everybody with sweeping grandstands at the awards show last night, you're welcome in our country, come here. what are they talking about? why didn't they do what mattered in syria, rescue kids now dead, women turning to rape -- women turning to suicide over rape. where the hell were they when these kids were being washed up on the shores. all these people riding around on their high horses, they didn't fly over to aleppo and try to enter into the

humanitarian crisis. he's been here days. barack obama and other senators have been in charge eight years. we inherited, this president in the early days of his administration is doing what every president's first job is to do, which is to keep our country, its interest, allies and people safe. >> kellyanne, it sounds like there's no chance that the administration would revisit this executive order. i ask you this because elon musk, ceo of tesla, founder of spacex tweeted please read immigration to twitter followiers, let me know amendments. we'll seek advisory council amendments and present to the president. should he not bother? >> i never said that nor would i say that. you're putting words in my mouth. elon musk was in the white house last week meeting with the president. >> will the president reconsider the order? >> the president will never reconsider things that will keep us safe. he knows things we don't and

elon musks doesn't because he's president. everyone saying he doesn't take intelligence briefings seriously. yes, he does. with that insult and slight aside, he knows things we don't. he's the one with all the information. what he will always reconsider is the counsel of people who are informed and who mean well. if that includes the individuals you mentioned today, that's terrific. but i think people also need to know the facts about this executive order. the way it's been blown out. it's actually very dangerous. those who are misinforming and underinforming the public are really sewing the seeds of the danger of these protests, of the mob mentality of what this means and how it impacts our values and what it says to us as an american because foreign nationals and citizens are seven countries, their hero, barack obama, one president identified as high risk for terrorism because president trump is following that lead with these seven countries, because this

ban, temporarily halt will be in for 90 days, where president obama had 180 day, double that time, ban on iraqi refugees coming in. nobody protested that because nobody knew about it. the press hardly covered it. nobody went to airports because it was president obama. we're always opening -- kellyanne -- >> always open to advice but we want advice based on facts not emotion. >> why was there a rollback on the green card? >> it wasn't a rollback. it was a clarification because people were ill informed. >> so that was always part of it, just not articulated. >> if you're an lpr, legal permanent resident, you should know we as a nation have an interest in the full faith and credit of our lpr program moving forward. if you have a green card, we as a nation have an interest in you using that green card and being here. we've already said that. but if you are a foreign national or citizen of one of these seven countries you're going to have to wait. >> why are people being stopped with green cards?

>> i assume you have to ask those implementing the policy. look, our agents and those who are charged with enforcing immigration laws are in the hot seat every single day. it is not easy. they process hundreds of thousands of people, as i just said, through customs every single day through the nation's airport. 325,000 just on the day alone that this was implemented. they do an amazing job under very tough circumstances. so we are going to continue to respect them and work with them. but have you never been inconvenienced at an airport seriously. i don't even look like 9/11 hijackers. i certainly don't share a name or terrorist philosophies. i was detained plenty of times. i was changing my last name. i've just been married. this is the price we pay for security. everybody outside the airport with bull horns and signs and tearful pleas about what it means to be an american, what exactly are they talking about? can you help me with that

because i'm confused. what are they talking about? >> kelly, one of the chants you hear again and again, no borders, no nations, stop the deportations. it rhymes. if you asked americans. >> they want borders. >> how many people agree with no borders, no nations, stop the deportation, so there's a permanent protester that we know about. let's move on. when can we hear about scotus. is that going to happen today? >> that will happen this week. the president did due diligence, has a list of 21 nominees he put out while he was running for office which very few candidates do. 21% -- in one poll 21% of voters said it was important to them he talked about the supreme court during the election. i think it was a big inflection point when he talked about strict constructionist, somebody that respects the constitution, certainly to fill the seat of

justice scalia, who was somebody who respected the constitution. it's an exciting week at the white house, joe, beginning with in the next few days the announcement of president trump's first nomination to the supreme court. he may have a few this term depending on who retires. he also has a number -- he also has a high number of federal judiciary vacancies and circuit courts and district courts. we certainly hope democratic senators trying to shame and blame and block our nominees to the cabinet will think thrice about their protesting, their plok aids, their obstructionism. america saw that and rejected their party. they ought to let our supreme court nominees go through so we can form a full government. >> we mentioned the cover of drudge, writes the tax cuts, which is kind of funny. it's been a week. the gdp numbers last week were -- we had that one 3% plus

number in the third quarter. we're right back to under 2 again. so the things that have the market trading at all-time highs are regulation rollback and tax cuts. is their progress being made on a plan for the tax cuts? >> yes, there is. a great deal of progress made, talking to congressional leaders and staffers there. of course in concert with the white house. tax relief is a big centerpiece of donald trump's cadsey and certainly his presidency. again, going back to collaboration and cooperation, i keep hearing about bipartisanship and not seeing it from the other side. president george w. bush got his tax relief package in june 2001 with the help of democratic senators, many of whom not coincidentally were up for re-election the following year. we would like the help of democratic senators, who know constituents, people they represent in their respective

states want tax relief. it's across the board tax relief. anybody can pull the plan and see it. it contemplates 4% growth over time. it would create 20 million jobs, unleash energy investments in clean coal and shale and other forms. also in rolling back these regulations really lifts the strangle hold off of so many of our small businesses and our aspiring small business owners, joe, in a way that unleashes prosperity and growth we have not seen in a very long time. so the progress is being made, particulars are being finalized. we just hope that the kind of tax reform that other republican presidents have seen in short-term -- george w. bush had a democratically controlled senate when he got to the white house in 2001. president bush has a republican controlled senate. it would be good if people in the senate start focusing on things that clearly americans put a mandate in by electing republicans across the board and

rejecting the tax raising, regulation raising democratic party. >> kellyanne, i wanted to get your thoughts on two other issues. one controversy over the weekend surrounded this holocaust -- statement about holocaust remembrance which apparently excluded using the word jews or referring to jewish people, 6 million of which, of course, were slaughtered during the holocaust. the white house defended the decision to take jews out of the statement. did jared kushner approve of that message? would he defend that if he was on with us right now? >> i'm not speaking for jared kushner. can you go by what the white house has said during the statement and since. >> and the other thing i wanted you to try and put in some context for us was the decision for steve bannon to join the security council and drop joint chiefs questions about that. can you explain why that decision was made? >> yes. can you read the articles around that today. he was given a seat on national

security council, a chief strategist in the white house, trusted adviser to the president on those issues and many other issues. >> all right, kellyanne conway, i know you've got other places to go, other things to do, so we appreciate all your time you gave us. >> thank you. always a pleasure. thanks, guys, and lady. >> thanks. when we return top corporate stories and david miliband, president of of international rescue committee. he's going to join us to discuss president trump's refugee policy. probably make comments about what kellyanne just talked about. as we take a break, look at equity futures.

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welcome back to "squawk box." president trump's executive orders restrictions entry for 120 days sparking protest and controversy. let's take a closer look at the impact of these new orders. david miliband president of international rescue committee. we're happy to have him here this morning. we talked to a number -- we actually talked to somebody impacted by the businessman, iranian but has a green card. he said he canceled his trip. you have had a huge impact, much bigger than his. he's not in your group.

what has been the direct impact over the weekend for you? >> we run international aide operati -- aid operations in 30 countries around the world and people here. people caught up in the airport, been through the vetting system and arrive at the airport and told they are not allowed in the u.s. 50,000 people coming out of war zones, from syria, under the age of 14, 60,000 been through the process, vetting and now stuck in beruit, istanbul, around the world. never mind the final mart, this is a propaganda gift for those that will do harm to the united states. we're working in iraq as humanitarian workers. we know when isil cleared out of areas we're the first people in. we also know as isil saying the only pool who will defend muslims is them. that's dangerous. >> is it the program itself or implementation you have a

problem with. >> it's both. hasty policymaking makes for bad policy. it's also the case this policy itself has bad flaws. let me give you a couple examples. we are due to resettle 14,000 people in the united states. my organization. fully from that number one-quarter worked to support u.s. military in iran. these are people who literally risked their lives for the national security of the united states. they are translators obviously. they are targeted in iraq for supporting the u.s. so the substance of the policies really needs to be looked at. i'd make one other point. refugees, it's harder to get to the u.s. as a refugee than any other route. that's why people are sad. it's a day of sadness rather than anger. america held itself up for so many years as a country that will provide haven after proper veterinarian. i'm a humanitarian but i support proper vetting.

refugees takes average of 18 months to get vetted. now they are told you're still not allowed to come. that's why people are so sad. >> how do you react to what kellyanne conway had to say. >> i would like to really talk to homeland security, who administered this, really talk to department of defense, state department about the globally effects of this. talk to us about people coming in, of syrians resettled in u.s., 47%, nearly half of them are kids, under the age of 14. they aren't jihadists, people that are their lives ruined by a ruinous war. i would say to her, it's tough to do u-turn. you're right the green card change is the first of minor u-turn changes. it's better to do it fast than have it pulled out of you over months and years. >> is it possible people who work for u.s. abroad they can find their way into the united states with this executive order, it just might take them

longer to do so. >> the real tragedy is we can't say yes or not. no one is able to explain the details of the policy. department of homeland security run a complex detailed vetting and entry system. you're absolutely right, iraquis saying to their american military comrades this morning in iraq, will i be allowed in as i've been promised. the answer they have been given is i don't know. it's imperative not just to get green card changed, not just to address businesses. remember, google they have announced a major appeal, $4 million appeal involving their own donations and others to protect services for refugees and others because they fear that business damage -- businesses around the country linkedi in, who see real damag to employees. carveouts are necessary. finally at this point due process in policymaking is as important as due process in the law for individuals. >> speak to the other side of this, the heritage foundation. >> heritage foundation actually

i would like to get to the guy on it. it's an opinion piece that basically in certain areas of the world we want the american people voted for more vetting. that was part of the -- not a mandate but that's part of what was mandate. >> here is the thing. you've got a system in place today that has maximum vetting for refugees. sure let the president review the vetting system. sure let him say can we make it better, keep it up to date. since obama administration in 2011, big biometric for refugees, fine, keep it under review. don't upend the whole system while you do review. ask your homeland security general, ask your defense department general to review it for you, ask them to come back to you. but don't say everything is torn up while we're doing the review. that's the way out of this. i'd say one other thing, not

just heritage foundation. kato institute chance of being killed by refugee in the united states one in 3.6 billion. that's not left wing that's cato foundation.

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t. rowe price. invest with confidence. the trump administration defends an immigration ban amid

backlash. >> information underload about facts and figures are astonishing. >> special guest this hour career diplomat john negroponte. >> busy day on wall street, big earnings on tap all leading up to friday's jobs report. plus wolverine state in the crosshairs. what trump's immigration policies will mean for michigan. a live report from detroit as the final hour of "squawk box" begins right now. ♪ >> announcer: live from the most powerful city in the world, new york, this is "squawk box." ♪ ♪ >> good morning and welcome back to "squawk box" here on cnbc, live from the nasdaq market site in times square. i'm joe kernen, and drew ross

sorkin. futures indicated a lower opening, down 6% on the dow, 8 on the s&p almost 20 on nasdaq, treasury yields have fallen or moderated a little bit. about 248, 249 now on the ten-year. >> among today's headlines, s.n.a.p., parent of snapchat will file for public offering this week according to recode, snap did a public filing in 2015. this filing means investors will take a look at or get a chan to look at financials. fitbit will reduce its workforce by 5 to 10% amidst slowdowns in wearables market. the information will come today. off sharply in premarket session. big week for earnings on corporate fund. hear from big tech names like apple and facebook. first federal meeting of the trump presidency under way tomorrow. looking ahead to the december employment report on friday. >> the world reacting to

president trump's executive order suspending refugees entry for 120 days from seven countries with a muslim majority. kellyanne conway joined us in the last hour to talk about it. >> the total misinformation and what i would say information underload about facts and figures attendant to this executive order are astonishing. people have an obligation to calm the public and inform them what this does and more importantly what it does not do. >> joining us to break it down john negroponte served in a variety of rolls u.s. ambassador to mexico and u.n. and director of national intelligence and deputy isn't of state under george w. bush. ambassador negroponte global chairman of the company. you heard what kellyanne conway had to say. your reaction? >> i'm also ambassador to iraq which you didn't mention. >> yes, of course.

>> only because it's relevant to this story, which is one of the important features of our relationship and our activities out there, we promised people who worked for us as interpreters and so forth are the possibility of special immigrant visas once they finished their tours with us to come to the united states. some of those very individuals have gotten caught up in this executive order. look, what i would say to kellyanne conway is you were in a big hurry last week to push a lot of stuff out the door, because i think the administration wanted to show a first week in the presidency full of accomplishment. in this case, i think the topic, the subject matter suffered because of insufficient vetting, if you will. insufficiently vetted order about extreme vetting. obviously the exceptions are starting to roll in. i think what we'll see over the

next week or two is continual clarifications of what this really does and what it doesn't do. for example, the idea that green card holders would be banned from returning to the united states is just a total nonstarter. there are people who have had green cards for 20, 30 years and who are good faith, honest, upstanding citizens of our country and contribute mightily to our economy and our innovativeness. i think what we're going to see is a period of clarification ahead. >> ambassador, though, is it the policy itself or the implementation of the policy you take issue with? >> well, the policy, i'm not enamored of the policy. i particularly am troubled by the idea of a permanent ban on any refugees from syria, for example. our church was waiting to host a family of two parents and six children that were supposed to

arrive here on the 6th of february in the united states. we're all making preparations to host them in the united states. why should people like that be denied entry into the united states. i have some problems with the denial provisions. but i think the process, if it had been handled better, would not have provoked the kind of reaction that you've seen over the last couple of days. >> as someone who knows their way around washington, is this going to have a lasting impact in terms of political capital that the trump administration has on other issues? of course we're going to hear about supreme court nominee very soon. we talk, given that we're a business network, about the markets which have moved in large part on plans around tax policy, regulation, infrastructure spending. does this have an impact on that? >> you know, i'm not -- you know, i'm a foreign policy expert so i'm not sure of that. the president traditionally has had a lot of leeway on immigration matters.

i think these challenges in the court won't necessarily prosper and i think they will work their way through this. what it does was create quite a bit of noise from at least one side of the political spectrum. i would suspect as well, although i haven't studied the matter in detail, there are quite a few people in our country who approve of what he did. so it may end up being sort of a wash. but meanwhile they have to work the kinks out of the policy they themselves have established. >> mr. negroponte you say you're not enamored of this entire policy, specifically this family your church was going to host. the ban is temporary for now. in terms of the other parts of the executive order you don't approve of, or the spirit with which the executive order was signed, do you not agree with the need for more vetting, extreme vetting the president calls it? >> yes. but you had mr. miliband, who is an excellent public official on your program just a little while ago, and he pointed out

something about the vetting of refugees. probably the hardest way to get into the united states is to get in as a refugee. it usually takes several years. there is already a great deal of vetting. now, if there are ways of improving that, so much the better. there's nothing wrong with reviewing the vetting process. i have no argument with that. i think it's more the way this thing was handled. >> talking about foreign policy, can you speak to what's doing on with this wall in mexico and how you think the president of mexico, given the box that he may now be in, how you think mexico will react and how we will react. >> i'm very concerned about mexico having served there four years and being there during the time we negotiated north american free trade agreement. mexico is second largest export market, $500 billion worth of trade with that country in both directions, about five times as much trade as we have with the united kingdom and ten times as much as we've got with russia.

so it behooves us to manage this relationship in an intelligent way so economics on both sides of the border don't go spiral downward. i think the mexicans have handled this with considerable maturity so far. they are not happy with the talk about the wall. they don't like that. it's sort of an anathema to them, symbolic of the way americans must think about mexico. on the other hand, more important from a point of view of reality is the actual trade. i think they are prepared to sit down with us and talk about ways of modifying nafta in such ways to meet the concerns of both sides. i still see some hope in the relationship. i was very encouraged by the fact that after the initial confusion and shouting that president pena nieto and mr. trump had a one-hour telephone conversation where they tried to smooth things over. i think that ought to be the way

things are with our close neighbor and good friend, mexico. a country since 9/11 has cooperated with us in every respect on issues of national security. >> ambassador, the other question i wanted to ask you was "the washington post" had a headline last week, the state department's entire senior administration team -- administrative team just resigned. i believe nine of the senior people in the department either resigned, were kicked out, retired or something of the sort. what does that mean in terms of practical day to day implementation of the administration's plans and all the embassies around the world? >> well, i think the state department is fortunate to have a very strong career foreign and civil service working in that building and around the world. continuity i don't think is going to be any problem. the most senior person who retired was patrick kennedy. he was the under-secretary for management. frankly he occupied that job for 10 years, which was an usually

long period of time. he took the job at the time i was deputy secretary of state, and then he continued for eight years in the obama administration. it's -- pat was going on in years and it was time for him to retire. frankly i don't think it's a particularly big deal. although, you know, in washington people always try to look for a political angle to just about anything. >> after those tweets from the president before he was elected about patrick kennedy, you know he wasn't staying, right? >> right. the fact of the matter is he had done the job for 10 years. i'm not sure we've ever had under-secretary of management who has been in that job for 10 years of that's a long time. >> right. but there was definitely some -- >> there may be some bad blood. i would be the first to acknowledge that. >> that's for sure. that's one way. thank you. mr. negroponte, appreciate it. >> my pleasure. >> great to talk to you. lots still ahead on "squawk

box." up next wall street veteran sallie krawcheck out with a new book. she's here with details. my buddy hugh hewitt, used to be on the show all the time, now he's a competitor. his radio show is on at the same time as "squawk." we need to do a simulcast. he has a book, trade and immigration. we'll tell you why michigan is in the cross-hairs. stay tuned. you're watching "squawk box" on cnbc. bp engineers use robotic ultrasound technology, so they can detect and repair corrosion before it ever becomes a problem. because safety is never being satisfied. and always working to be better. because safety is never being satisfied. we've done well in life, with help from our advisor, we made it through many market swings. sure we could travel, take it easy... but we've never been the type to just sit back...

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and add phone and tv for only $34.90 more a month. call today. comcast business. built for business. wall street veteran sallie krawcheck's mission is to help women reach financial and professional goals now out with a new book called "own it: the power of women at work." an investing platform built for women like vep us williams. she's chair of the elevate network. sallie, thank you for being with us. >> good to be here. thank you. >> tell us about the book and why now? >> the book is sort of fascinating given what's going on right now. it talks about the power of diversity. this morning we're talking about decision making that has occurred in government that happened fast. the research indicates if you have nondiverse leadership teams they tend to make fast decisions

because they agree with each other but they may not make the most effective decisions. >> are you saying what's happened is because there's a nondiverse leadership team. >> one might note this is the least diverse leadership team since reagan administration. >> what's the number one headline out of this book. there's so many career advice sorts of books on the market. how does yours stand out. >> i know. here is what i will say. there's real power in diversity. i remember when i would come on here as a research analyst. the question we would ask, we had these black books from bernstein, 100 page black books. the question i got in every meeting, every time i was on cnbc, management -- yeah, i think jamie dimon seems smart. the only research on the quality management is research on diversity. if you have everyone who is sort of alike, that you end up not having the full vetting of information, decisions, et

cetera. but the diversity leads to better business results not by a little but a lot. the message to women is there's power in diversity but so much of the advice to women has been to act like men. >> i'm going to get in trouble for bringing this up, it's a diversity question but the other side of the diversity story. there have been some articles written about this. if you look at a company like apple under steve jobs, not today, in its most successful in carnation, it was steve jobs surrounded by a handful of white men. >> the exception that proves the rule. because the research indicates that companies that have more diverse leadership teams, they are bringing in all kinds of different information are more innovative than companies that are, you know, a bunch of people that are the same. steve jobs is an exception to everything, right? an exception to everything. but innovation is driven by diversity. think about the city of new york. much more innovative than cities

that are homogeneous, one kind, it's the bringing together of different kinds of people. >> i knew it was an unpopular question. >> i feel like men should read this book. >> women intuitively know this or want to believe this. it's the males who are bosses who need to know this. >> absolutely. men should -- everybody should also read it. what we also talk about is how the world is changing. think about it, technology is changing almost everything about business. so what was successful before sort of remember command and control. when i was running merrill lynch, i had information nobody else d we were the only ones who could afford to do the client surveys. today information is everywhere, right? you could do a few thousand dollar survey and get 98%, few hundred get 84, ask a question on twitter and hit the side of a barn. it's no longer i've got information, you don't. it's the qualities women tend to

bring to the workforce, not better than the men but somewhat different than men. our hole isks decision making, risk awareness, orientation skills we tend to bring are becoming more value going forward not less valuable. >> what do you make of various pension funds and other institutional investors literally putting money aside to invest specifically in women owned investment firms. >> they are smart. though we tend to think of investing as being a male undertaking because there's so many people who do it, in fact the research indicates women tend to be better as good hedge fund, mutual, individual investor level. part of that is our long-term orientation where we don't tend to trade as much. we don't tend to freak out as much sometimes when markets go up and down. so women tend to be very good investors. >> thinking of your old stomping

ground, wall street, something that you covered, something you've inhabited your self. are you surprised there hasn't yet been female ceo of a wall street bank? >> diversity on wall street since the crisis has actually gone back yards-of-wards. it stalled out in america overall for talk and debate we had about it. on wall street we went backwards. it's not unusual that an industry that goes through a crisis will retrench, will actually say -- i saw it happen. i didn't see let's get rid of her, let's get rid of this person of color. more what i saw during the crisis, we'd love to hire, promote somebody like that but we really need someone we can trust. we really need someone we can trust. the person i can always trust is a person a lot like me. so the leadership team tends to be one kind, they tend to in points of crisis promote individuals of their kind. >> theoretically the banks being back, quote, unquote, we might see more diversity come through?

>> there's recent research that show at harvard business review, they are really beginning of this. they haven't attacked gender biases and explicit gender expectations we have, so i think they are a ways away. >> sallie, thanks for being here. >> thank you. >> when we return, go big, far and fast, that's hugh hewitt's advice to the trump administration. he's going to be here to explain it all when "squawk" returns in a moment. this is where i trade and manage my portfolio. since i added futures, i have access to the oil markets and gold markets. okay. i'm plugged into equities- trade confirmed- and i have global access 24/7. meaning i can do what i need to do, then i can focus on what i want to do. visit learnfuturestoday.com to see what adding futures can do for you.

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welcome back to "squawk box." more than 100 visa holders were detained at airports over the weekend following president trump's order on immigration. susan lee joins us now from jfk airport in new york with more. good morning, susan. >> reporter: good morning to you, joe. over the weekend as you mentioned, we saw protests across the country in city centers and airports from charlotte to denver to l.a. to san francisco and right here also at jfk airport. this morning, though, a whole different scene. protests died down. we have yet to run into a protester at terminal four. we did run into lawyers. a few dozen of them still camped out at this terminal.

they tell us they have confirmed that one passenger is still being detained inside. at the height of the chaos over the weekend, 41 were detained in total. however, this morning department of homeland security in response to nbc inquiries now say that all cases have been cleared, meaning that no one is being held in the u.s. at u.s. airports. gulf airlines have said that a number of their passengers flying to the u.s. have been affected. there are reports that emirates airlines had to change their crew and pilots to comply with these new visa rules. now emirates told us they say no emirates crew has been impacted by the change and they have made adjustments to comply with the requirements, though a number of our passengers have been affected and we are continuing to assist them to identify issues before they fly to the u.s. there have been a number of reports this weekend that airlines are now prescreening their passengers, meaning that some are not even getting onto

their flights because they don't want to risk being detained at the border or being turned away. that's the latest from jfk. i'm going to send it back to you. >> susan, thank you. susan lee. coming up breaking economic news bring you the numbers. hugh hewitt will join us with details of his new book, "the fourth way." does your child need help with digestive balance?

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good morning. welcome back to "squawk box." live in times square. among stories front and center, mattress ended greepts with mattress firm. they request renegotiation of agreements to get more favorable economic terms but the two sides unable to come to an agreement. the stock getting pounded premarket down 3 3/4%. buying -- "split" topped the box

office taking $23 million north american. a dog's purpose came in second. >> yes. >> returning to brazil to turn himself in after being named a fugitive by authorities. police raided the teachers home on thursday with a warrant for his arrest but he left for the u.s. with what his lawyer said were business regions. part of allegations he paid millions in bribes to governor. rio de janeiro batista was once the richest person but lost morse of most of his fortune when his company collapsed in 2013. >> we at this moment 8:29 and 34 seconds are 24 seconds away from

a couple of government numbers. we've got personal income and spending. let's look at the futures before this comes out. futures indicated weaker for most of the morning. a session down 60 or so. if we're not going to look at that, we're not going to look at ten-year either. santoli knows where all the futures are. rick, the numbers. >> all right. personal income for the month of december expected up .4 is up .3. last month that tenth we didn't get today we picked up on revision from unchanged .1. spending side of the equation exactly as expected. looking for 1/3 percent, exactly what we received. last month unrevised. on real perm spending up .3, following up .2 with positive revision. deflator up month or month .2, year over year up 1.6, an increase of .2 over last look, but .1 below expectations.

so no real huge surprises in this data. of course we like to see income numbers keep up with spending numbers. .2 separating them today. dollar index up 1/3%. continue to monitor that 100. never closed below it. came very close thursday of last week. foreign exchange pay attention to as well as ecb and federal reserve and bank of japan. the central bankers are all, in many ways, under the microscope for 2017. let's see what janet yellen & company does this week. joe, back to you. >> rick, what can we glean from that gdp number last week? is the narrative we were sort of already above stall speed and trump's coming in with the wind at his back. all you've got to do is not

screw things up. did that throw that narrative out? seems like we're back in the muck again? >> it's hard for me to jump into that narrative. when you take a step back it certainly looks at or slightly below 2% growth seems to be what the u.s. economic buffet seems to be serving. but i do think changes are possible. of course we want to monitor everything you're asking about to serve as a baseline so we can adequately monitor and mark up events moving forward, how they improve the economy. it would have been nice if, of course, we had a tail wind and we started to get better, more business friendly policies. it would have been a nice brew. but i don't think that's the setup, joe. not to dismiss the idea that i think the markets can pull a tesla here and ride out the uncertainty because in many ways as you handicap investments down the road, many investments supposed to have some future looking aspects of them like

equities, i guess the real story is i'm more of a believer we could keep the market up a bit longer than many skeptics think but i don't think there was a tail wind aspect in many ways to what we are seeing in regard to the market since november. >> all right, rick santelli in chicago. you know this next guy, rick, our next guest offers this advice to the republican controlled congress. go big, go far, go fast on every issue. for more on what to expect from congress and president trump's first 100 days, let's bring in -- do i know this guy, hugh hewitt. host of hugh hewitt show on salem radio network and nbc news political analyst who iss author of the new book, the fourth way, the conservative playbook for lasting gop majority. hugh, you know, it's almost like, you know, i get to know someone, former relationships in my life that i've had. all of a sudden we just go cold turkey because you moved your

show to the same time as my show. we used to talk every week. i miss those days. >> every monday. my audience is in revolt, joe, you haven't been back. where is kernen? he's working. bill bennett required so i took over 6:00 to 9:00 a.m., "morning drive" like "squawk box" is to the financial markets my show is to people driving to work and listening to their radio. it's great to make it work this way with nbc camera. thank you for having me on. i'm pleased to be here. >> i wish we could figure some other way of doing this. you were a big deal when i was on your show. suddenly msnbc decided, can we get one guy from the other side to put on, maybe stick him in there once in a while. there you were. you got the hair. you seem normal. >> the hair. >> you're not like the wackos,

mostly those reactionary freaks on your side of things. you became a huge deal. you're in demand. >> frank lutz came up to me of a the first presidential debate. i did four of them last year. i interviewed donald trump 15 times during the campaign. he said you have no idea what is about to hit you after a presidential debate. you're right. when 21 million people tune in and they don't think you're insane, just a normal conservative like you and me, all of a sudden people in the media say let's get that guy on as a responsible conservative. there are lots of us but msnbc is not in a hurry to find us. i think that's changing and it's an overdue and good change. >> in the past, hugh, we have seen both parties snatch defeat from the jaws of victory again and again and again. when you say go big and do everything at once, it seems like that's already happening. some people would say that the ill effects of going too big too

fast are already happening. you don't think so. you think you have to strike while the iron is hot. >> foot to the metal. the ladder is a horrible idea. using congressional review act is a terrific idea. chapter in the fourth way is about leave interest mortgage reduction alone. i watched steve mnuchin saying they were going to cap home interest reduction. i wrote a chapter about why that is a terrible idea as is reducing the deductibility of state and local income taxes and charitable reduction. the republicans need to go far, fast, big on smart things like regulatory rollback, like building 350 ship navy. like today, i think today we're going to get a supreme court justice they will jam down and put on the court for may sitting of the court or april sitting of the court so the new justice can make a 5-4 split if necessary on cases. they don't want to wait around. they don't want to do stupid

things fast, they want to do smart things fast. there are plenty of them. i outlined them in the fourth way. i think american people expect mitch mcconnell and paul ryan to keep those houses of congress in session around the clock blowing back rules that don't satisfy congressional review act day by day. i want to see it happen. >> hugh, you're not necessarily -- you were never a never trumper but not full throated backer. is he the right guy with this republican congress to be able to do what you think is right? was what happened friday going against what you just recommended? was that the right thing to do on friday? was it done in the right way with immigration? >> it was not done the right way because there was a bad rollout. it's consistent with what trump campaigned on. i was never a never trumper. i criticized him when he does

dumb things like attack judge curiel, i support him when he does things like meet theresa may and go to the retreat. i've been a supporter of the wall, it's a visible expression of invisible sovereignty. i'm sure i'll like supreme court nominee if it comes from his list of 21. i'll support him when he does smart things. what he's done that's the best, general mattis, now secretary mattis, general kelly now secretary skelly. scott pruitt one of the smartest lawyers in america, that's extraordinarily good. andy posner, been on your show, an old friend of mine he's going be the hidden jewel of this administration. as bill ben it was to reagan the evangelist that shows up on a pulpit you didn't know existed, andy posner is going to go out and preach why, for example, franchising which was invented here in america is the greatest means to increase personal wealth ever constructed by the private sector. andy posner is going to be terrific. so donald trump is off to i think a 90% great start.

i described it as going to a concert with a great band, but there are a couple of tunes in the play set you don't like. sometimes it seems like you're at the battle of the band and three bands are playing at once. but it's a very god start. yesterday and the day before i think reince priebus was right. 325 people entered united states on saturday. 109 of them were detained. that's unfortunate. the burden on them was harshed. we got it fixed. general kelly put out a word today that green card holders are not covered. it makes sense. like president obama's order in 2011. a lot of reaction is hysterical. a little more information on the front end rather than a little more explanation on the back end going forward. >> so how, you remember the reagan era. at that point most people would not admit to being a liberal back then. now we've been through the obama era where the pendulum swung and i think we got really stretched. i wonder how long -- whether

this is an actual sea change, which the voters on election day said we're still center right. i'm not sure. i look at millennials and the jury is still out. i look at college professors and what goes on in colleges. i don't know if it's possible to bring it back to what we remember, hugh. do you think this could be a lasting conservative sort of zeitgeist in this country? >> i believe the realignment is right in front of us, joe. i can see it. i can touch it. it's why i sat down and spent 60 days writing a book. the real line depends on president trump doing the right thing, it's an overhaul. he's very tough on the border that's great. tough on the entry from jihadist states or states in turmoil, that's great. but he did not revoke daca. that's very important. i think you could see him doing immigration overhaul that isn't that much different from the lindsay graham overhaul provided

citizenship isn't there. if he does that, provides people with immigration overhaul good for everyone you'll have realignment of american politics. if he builds infrastructure in the city, he'll take 8% of the african-american vote, if he doubles that, democrats are in the wilderness for 40 years. so they are very afraid of donald trump, not that he's going to fail but that he's going to succeed. on obama care as well. if he replaces it with a market driven, equitable access competitive marketplace with one market, people are going to love donald trump. it all about the execution. that realignment is right there in front of us. >> how is dwayne? maybe i'll talk to dwayne and maybe we can do this more. sometimes i get very lonely here, hugh. then i hear you and it's like, wow, if i had you just nearby or where i could get you on the phone quickly at certain times it would help me. >> any time, joe.

this camera makes it easy. >> you're like an nbc guy, too, aren't you? like nbc something or other. >> pipe in. >> every time i get difficult, i ask you a question we haven't had time, i wanted to let the love in happen but when you come on back we can continue. >> i need you. >> a little button, hugh will be patched right in. >> any time. >> that will work for me. >> all right. hugh hewitt, thank you. coming up, when we return, a guest we just added, billionaire mark cuban has been outspoken about the trump administration. he's going to join us right after the break. stay tuned "squawk" returns with mark cuban in a moment.

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welcome back to "squawk box." president trump just tweeting a new tweet out. he plans to announce his supreme court decision tomorrow at 8:00 p.m. eastern time. we'll look for that. he's doing it in prime time. >> stay up for that. >> have you to wake up or stay up. >> or wake up. set the alarm. >> in the meantime, we have more now on the backlash from president trump's immigration order. joining us on "squawk" business line mark cuban, entrepreneur, owner of dallas mavericks and one of the shark tank sharks. good morning, mark. >> good morning. how are you. >> thank for dialing in. you have been all over twitter in regard to what was taking

place in the wall on mexico friday and now this immigration order. your views, sir? >> i mean, look, to me it's more a question of his management style and approach to problem solving. we're starting to see it. you look at the wall. you look at the immigration ban. everything seems rushed. it's not -- you know, everybody wants to be safe. if he's going to keep us safe, why did he leave so many countries that host terrorism off the list. he was very clear during the campaign that isis was everywhere. if we're trying to stay safe, why leave it off. maybe he's got a good reason for it but he's not communicating it to any of us. the same with the wall. he's got to give us more details. >> you think we should broaden the list to more countries. >> it's not a question of what i think. the question is what is his approach. i'm trying to learn, i think we're all trying to learn, what is his management style? does he plan? does he prepare? how is he going to execute? what's his leadership style?

what's his communication style? just tweeting is not communicating. it's one thing to say i use twitter to communicate. the reality is 15,000 americans are on twitter. it's the media that communicates with most of us. if you have technology tools available, why not use them, go through an in-depth slz sis of why you're doing what you're doing. we're not seeing any of that. that's what concerned me more than anything. >> he's planned a pretty good cabinet. that shows some consideration. or you don't like the cab snet? >> there's some i do like, some i don't like. you know, that doesn't really tell us what his management style is, right? over time we'll see what the results are. look, the immigration plan is the perfect example. maybe there was a plan behind it, but if news reports are right at all, he didn't have any external organizations or groups within the government vetting it at all.

he just winged it. >> mark, i'm just curious. why does trump have to have a management style you say he has to have. he's president of the united states. are you against the ban? are you against ore the executive order, i should say, not the ban. are you again the executive order or the way he's talking about it, communicating with the american people? >> i think communication is the biggest issue right now. look, we all want to be safe. tell us why this is going to make us safer. don't just give us headlines. make america safe again sounds really, really good if you're trying to raise money for a deal. it doesn't sound really good when it's obvious that a significant portion of the country doesn't understand it or doesn't agree with it. leadership can mean a lot of differ things to a lot of people but at some point you have to communicate with the people that don't agree with you because otherwise you're going to become more and more divisive. >> mark, as a businessman and an investor, speak to the business implications of this. we've had a number of ceos that have come out publicly, mostly

in the tech community, critical of trump. others say it privately but i think are anxious about becoming the target of a trump tweet. but when it comes to investing in this country, when it comes to whatever you think the implications are going to be of a lower tax rate or repeal of obama care, a, do you think those things happen? does this noise impact that? if you're a businessman today, does what happened over the weekend change the way you operate? >> yes. it changes because of the uncertainty. when you plan out how you're going to invest, when you plan out whether investing in company startups or your own company you add that level of uncertainty, what might happen if he tweets, what might happen if he comes out with an executive order because everything seems rushed. me personally i think the tweets are ridiculous but i'm glad he does them. it gives a window into how he thinks. bigger part of donald trump you

sit and talk to donald trump one-on-one, he's reasonable, seems caring, open minded. all that is thrown out the window when he tweets and communicates with the media and when he communicates online at all. it's just all. this dichotomy makes things very difficult for business. >> mark, you've been an investor in the public markets in terms of stocks, from your standpoint, do you want a ceo who will go and speak out politically about an issue such as immigration? or do you want the ceo to be quiet and to play it safe? >> no, you want the ceos that's going to do what's right for his company and shareholders. look, for tech companies -- in my companies. i don't want to talk about other people's. in my companies i have people who have green cards. i have not done an inventory on which countries they are from, because it never seemed like it was a reasonable thing to look into. are they qualified? do they have a green card? yes. okay. i don't have a lot of them, but yes, they're my employees. now you have to give consideration to where they're from, what their circumstances are, what type of travel that

person is doing, are they at risk, how does that impact my future hiring, if i'm looking to invest in a new company and it has somebody who's a student who just came up with a new, you know, network approach, well, i need now to do a more in-depth background search because i'm not sure how the president is going to approach these things. i have no idea. that type of uncertainty is not good for anybody. >> mark, if you're a consumer facing business, how do you think about speaking out publicly? and i ask because you had somebody like howard schultz of starbucks, some people would argue very courageously come out, plan a 10,000 -- plan to hire 10,000 refugees, yet on twitter trump supporters are saying they're going to boycott starbucks. you have nike come out and say this is not our policy. then you have people who are trump supporters say i'm not going to do it. maybe there are people on the other side who are now going to go to starbucks even more and buy more nike shoes. >> first of all, twitter is not a reflection of anything, right? if you are the type that wants

to scream about boycotting, you automatically go on twitter and automatically go on facebook. that's not the real world. you look at your own business numbers to determine that. but from a bigger picture, you know, you do what you think is right. you've got employees that have -- let me take one step back. in the campaign it was different because there was so much hate for obama and for hillary clinton. and so a lot -- when i spoke up in favor of secretary clinton, i got torched on twitter. and i saw people who wrote me e-mails saying i'm not going to do business because she's this, this and this and he's this, this and this. those days are gone. he won. he's our president. president most likely for the next four years. you know, he's our guy. and so all that changes f not the hate i've seen on twitter has changed considerably now that he's in office. and i think for a ceo whether it's me or anybody else, as long as you're honest and

objective -- i like his tax plans, right? i like a lot of the economic steps he's taking. i am for reviewing the vetting. i think we can introduce new technology that makes our vetting of refugees and potential immigrants much stronger. but i need to see evidence that that's what's taking place in order for me to -- >> mark, in terms of coming out publicly for or against what trump is doing on any specific policy, people for example part of trump's ceo council, elon musk trying in his own way on twitter to call for submissions from people to help, but then there are a lot of people who said a lot of people went on twitter and said you should be speaking out much more publicly against the president. of course he's part of this council, and i imagine thinks that at least he has a better opportunity given the communication that he shouldn't be able to have privately. >> you would think so. but again, we don't know what his -- i don't know what trump's leadership style is. right. and my engagements with him in the past during the primaries,

you know, it wasn't like he got in- -- go into in-depth policy. right? it wasn't like that was his thing. and he's not -- donald trump is not a reader. donald trump is not somebody who's going to try to know every nuanced element of his policies before they go out. at least he wasn't. i don't think that's changed. and so because of that it's hard to really communicate at any in-depth level with him. that's been my experience, right? who do you communicate with outside in his circle? that's part of what i'm trying to figure out. i've had conversations with different people around him. i tried to influence him with my thought process and try to learn more about theirs, but there's still a lot of certainty in my mind and i'm sure in other ceos minds about the best way to communicate, to influence, to learn from donald trump and the people around him because we don't really understand his management style yet. you know, he obviously is not a politician, that's a good thing in my mind. but at the same time until he does a better job of

communicating his vision, until he does a better job of being a leader, i don't think he's done anything as a leader yet at all. right now he's a deal guy. >> so, mark, what do you do besides tweet storm and calling in to shows like "squawk box"? are you going to call the president? what are you going to do? >> i've reached out to every single person, i've reached out to him, to his assistant. >> you have called donald trump? got no response. >> i didn't call him, i don't have a number. >> e-mailed him. >> yeah, i e-mailed his assistants. i get, well, we turned the message over to him. all the people i've spoken to in the past that know him have communicated said i'm happy to sit down, meet with you, meet with anybody, if i can help in any way, shape or form, i'm happy to do it. i mean, he wasn't my guy in the campaign, but he's my guy now. this is my country and it's country first. and where i agree with him just like you heard me say just now, i will say i agree. where i disagree, i will. and that's a political process. did i do the same thing with

obama? yes. go back to my blog, i ripped obama about not being inclusive of entrepreneurs on programs, it's not about picking on donald trump. it's about what i think is right. >> quick question on the markets. are you invested? do you believe in the rally we've seen since the election? >> i'm invested in the same stocks i've been invested in. >> you added to your positions? are you more bullish? >> i'm sorry? >> are you more bullish? >> it's not that i'm more bullish. it's just that there's companies that i believe in and i think we're going to go through the biggest technological revolution we've ever seen over the next ten years. and i think the best start-ups to invest in right now are amazon and netflix. >> mark, you just talked about netflix. reed hastings coming out an aggressive statement against these trump policies, also a big issue about net neutrality and whether that's going to remain or not the law of the land and its implications on a company like netflix. do you think this makes it more challenging for him? >> reed has postured a lot on net neutrality and i've been

anti-net neutrality for more than ten years now. so i don't see that having an impact one way or the other. it's a great talking point, but in terms of actual, you know, economic impact, i don't think there's any. >> okay. mark cuban, thrilled to have you. thank you for calling in. hopefully we have you more often. >> thanks for having me. >> "squawk box" will be right back. ♪ ♪

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make sure you join us tomorrow. "squawk on the street" begins right now. ♪ good monday morning. welcome to "squawk on the street." i'm carl quintanilla with jim cramer, david faber at the new york stock exchange after a weekend of protests around the country, financial markets, global business reacting to the president's immigration order. futures are lower ahead of another busy week of earnings and data. europe lower as well. ten-year relatively steady, that yield around we'll say 2.48. our roadmap begins with donald trump's immigration orders and the effect on american business. ceos across industries making their voices heard. on top of that we have a busy week for the market, we have a fed meeting, jobs