the house and resigning from his political life. we've got pope francis who continues to make the rounds in new york city. the president of china is here wooing president obama. and we've got a stock market rally up 200 points. neil, don't drop the baton! >> i will not, thank you very much, charles payne. at the corner of wall and broad, a buying rally going, whether that could be relief speaker boehner is stepping down and avoids a government shutdown anyone's guess, and focusing on the pope he's down at ground zero. he will be moving way uptown to harlem later on today before he moves onto philadelphia. in the meantime in washington, this was supposed to be a huge event that all the networks were going to be monitoring, but instead the 21-gun salute, the state welcome to the chinese leader has been eclipsed by the other moments. but this press conference featuring the chinese president xi jinping will be getting scrutiny because what exactly did the chinese agree to today

and what kind of concessions did they make on climate change? some say significant, others say maybe not so much. handicapping one and all with dagen mcdowell, jo ling kent, julie rogins -- roginsky, the criticism that it got, why make such a big deal out of it? the president argued because they are a big deal and we are both superpowers, and enough said, what do you think? >> well, i'm a carly fiorina, we need to talk to people that are necessarily our allies. neil: no, you didn't. >> i did. boom! come on, come on. i had to get that in. look, china is a world superpower, it's up there with us. they're getting closer and closer, and no reason to be ignoring them just because of their abysmal record on human rights, abysmal record on

cybersecurity, abysmal positions. neil: not so much in not talking to them but making a big deal. >> well, you have to. neil: 21-gun salute and all this other stuff? >> the guy is a huge, huge, he's a rock star of a rock star country. we might not like the country. >> this is all for show, there are so many problems we need to aggressively address with china that will not get information here. they are no longer a partner on the stage, they are aggressive power hungry rival that will do anything. you see what they're doing in the south china sea, you see what they're doing with blatant cyber warfare on the united states. they're increasingly trying to grab at and take the intellectual property and the technological innovation, proprietary technology of american companies, laying down the law as the price of doing business.

so i don't know, where do you even begin to address that. not one step will be taken. neil: we should pause it here, hearing what might come of this meeting and every time there's a meeting and we look when we had them, they're usually with an agreement or the outlines of an agreement. and this concerns climate change that the president and his chinese counterparty agreed to cap emissions and that the chinese are going to move sooner on this than originally thought, in other words, they weren't going to get moving for another ten years, we're told they pushed that up to 2017, also told they're going to kick in some money to do. this we are committing about 3 billion dollars to this, no detail figures on what the chinese are committing, but we know they are going commit some. so in other words, they're putting money on the table, they're moving up the time period they're going to commit to this, julie, their argument is we're serious, right? >> yeah, and the argument i

heard all along is what about china? what about india? they're huge population centers, and china, my understanding is you can't breathe because the emissions are so bad. selfishly for the chinese, they have to address that. neil: that was it. they're so bad, they're getting protests because they have so many coastal cities. jo ling kent, i'm sorry you are here, i thought you were in a remote location. >> glad to be here. neil: glad to have you. we're told the chinese came to the table because the rising sea levels are rising faster on the t of people, got them not so much jawboning but that. >> there is a lot of domestic concern, whenever we talk about xi jinping that he is doing or any government leader, it's all about his own people, nothing to do with the world stage unless he's signaling to the chinese people. neil: what does he get out of this? >> commitment to improve the environment.

people who live in beijing, i lived there five years, suffering from serious pollution. the sea level is a concern with hundreds of millions of people who live on the eastern seaboard. neil: as we wait for this here, it's all about impressions and impressionites that timing is everything and both of these guys ironically are eclipsed by the pope and ironically speaker boehner? >> yes, actually might make this meeting, this state visit a little more productive. there's a little less in the spotlight, you might get more real work done under the hood of the car. especially last night when they had the working dinner, i expect to see that will have effects that come much later. >> i think china is increasingly dangerous and desperate as the economy weakens. it's everything going on behind the scenes, what about the "wall street journal" article linking somebody with the chinese military directly to a hacking organization, very dangerous nation.

neil: we never know with china what shape they're in, i never trusted their numbers at an 8 or 9% clip. i never know what to believe. charlie gasparino with us now. >> they never accept accounting principles, they don't abide by most laws of business in the world. if you read the alibaba prospectus, the shareholders answer to the board of the company and not the commerce. neil: years ago you were raising that very issue. >> right. neil: and that investors might want to be cautious. >> and unlike us, and here's where trump does resonate with me, they put their own country first, and i just can't imagine that they're going to come out of this meeting and agree and give up anything on climate or anything else. >> it's important to them. >> it's not going to happen. neil: they are kicking in dough, we don't know how much dough. i think to jo ling's point, julie, they didn't do this because of our persuasive powers but because of their concerns, it's a big issue in their country. >> and our country as well,

despite what climate skeptics might think. >> the scientific community? >> about 1%. neil: not debating climate change. >> but, but, but, every country acts in its own interest. there's no country that doesn't. neil: he's frantic. jo ling knows more about this, jo ling knows more about everything. i think he's looking at this and saying my economy is in shambles now, my markets are in shamble. >> what he's done is not working. neil: i can't control this. >> why give up anything on climate? neil: i need something, anything to make me look good. a 21-gun salute and a state affair at the white house, lifts my stature in the eyes of the world, certainly the eyes of my people and i deflect attention from all the others. >> that's precisely why we will see no agreement and probably no progress on cybersecurity issues as well. neil: so the president starts with this first. the argument the white house people are telling susthat

start with this first, we find common ground, then extend it to cybersecurity. >> yeah, and i think that if you look at the broader situation of cybersecurity and the desperation, there's so much that really has to be done in terms of the u.s. putting forward a more aggressive stance, whether it's offense or defense, more needs to be done, and so in order to jump off from any point with the chinese, at least from the chinese cultural standpoint, you have to come from a place of understanding and common ground and then maybe you can make a -- >> what can you take from common ground? they steal from us constantly. neil: we should outline what you're looking at. this is outside of the oval office. the president of china, and the president of the united states, joint presser. you know how these things go. they're almost ready to go but they're going outline what common ground they found on cleaning up the environment, and more to the point of the

very week we've seen this, we're hearing the pope urged some of the biggest powers on earth to find common ground on reducing emissions. the common ground, though, leaves a lot of common questions unanswered. we know that the chinese have moved up their own timetable to address. this we don't know how much money they're ponying up. we are ponying up about $3 billion over the next several years and something called the green climate fund. now this is an organization that supports efforts to reduce carbon dioxide emissions, the rap against this fund, republicans and conservatives will tell you, it's a hornets nest, of special interests and not doing what it should be doing. that's a wrap. no doubt julie in this event. >> that could be a rap. reality is if you agree climate change is an issue, some people may not. >> i don't say it is. >> okay. neil: no one is doubting

whether it's climate change or man made or not. >> if you can see the climate is man made all the countries of the world, especially the ones that produce so many emissions are number one offender, china not far behind. >> no, they're the number one polluter emitter of greenhouse gases in the world. we're not first. neil: i don't want to get into climate change, there are extreme sides of. this we can agree as the pope said we should clean things up. it is in our interests. >> who is we? neil: you and i are old enough to remember when nixon came up with the epa. the goal was to stop companies from shoving filth in our waters, and whether you agreed with levels and strict codes the goal is it's in everyone's interest to see if you can clean up your act. >> of course, here's the problem. neil: not getting into climate change. >> he's the problem with the pope and his rhetoric. it's not we, it's china.

it's a lot of countries that are on the verge of -- neil: everyone could do a little more, china should do a lot more. >> are we not polluted? >> i understand, jo ling kent -- okay, we are trying to forcibly get china and india to do a lot mow, i don't think we're going to see a lot more. we'll see a little more. will that be enough to allay the critics who say china is getting a pass? >> why would the chinese want to cap some of their most productive cities and areas in order to meet climate change emissions that have potentially a long-term effect, right? that's the argument that some chinese economists are making. >> their people are choking. >> yes, they are choking, you have a slowing economy hitting the headlines every single day, people worry about their own personal stability and you have the legitimacy of the communist party questioned. neil: i want to bring you up to speed.

waiting to hear from the president, a couple of minutes from the two of them spelling this out. we have the dow up about 200 points on the day that speaker boehner announced that he is resigning, and he has promised a 1:00 p.m. press conference. could you have any more happening today, by the way? >> i think the climate agreement is a joke. >> it is. >> because we are not getting anything done. they're stealing from us as a nation. they are a bad actor that has taken plays from the old soviet union playbook. they are increasingly aggressive and trying to take u.s. intellectual property and proprietary technology, have you companies falling all over themselves wanting to do business there. how much are you going to hand over? neil: you have to admire the fact that he met with the top internet and technology guys he said we have to do something about the cybermess. i admire that. >> if you read the interview in

the "wall street journal," it was lies. >> put it in context. >> $3 billion is given by everybody? neil: that's what we're poneying up. >> $3 billion is probably 1.5% of the pope's annual subject of 170. neil: why are we back to the pope? >> put the numbers in context. it's very small. you want to stop climate from changing and take drastic measures that will fly in the face of the pope's other message to eradicate poverty. that is a world goal. neil: charlie, i'm begging you. we got to stick to the subject. i'm watching it, seeing the two leaders come out. for both presidents it's an attempt to marshall their support, right? and i'm wondering what barack obama gets out of it. 16 months to go. what do you think this deal does for him? >> first of all, he made a big point in the second term on climate change. whether this the go forward,

the optics are great. here he had the pope two days ago in the white house saying climate change is imperative, he's got the president of china, one of the biggest offenders if not the biggest offender in the world on pollution saying climate change is a problem. for the legacy, this is important to the president. >> i didn't mean the deal that part of the sliver of a deal won't mean nothing, but i mean there are so many other critical issues to the united states. >> there are. >> this is a sideshow. >> we're able to corral china and russia. whether you agree or disagree with the iran deal. we are able to corral russia and china until we are able to hammer out a deal, i don't want to debate the merits of the deal, for the president this is a biggest foreign policy issue of his career. he's meeting put oint sidelines of the u.s. >> at putin's request. >> i know. neil: think about why putin did that. putin requested. he looked like the peace giver. >> he's desperate.

his economy is tanking, we're putting sanctions on him because of the ukraine. put sin in the worst position than china is right now. >> does that scare you, old kgb in terms of what will he do to drive up the price of oil? >> putin? >> yeah. >> there is nothing he can do. >> are you sure? >> he could try. >> talk about the world to get india and china to agree to these things in conflict with the national interests. what is their national interests? both countries have lots of peer people, industrialation is taking people out of poverty. they are not going to risk that at that time. no way, no how. >> except for the fact you have everybody from the pope to nasa saying the climate change -- my point is climate change affects poor people than anyone else. neil: jo ling and i got into this, this might be out of necessity. the president isn't pushing the chinese president, it's his

people that are choking and gagging. >> one of the few things that you can see and feel in eastern cities on the seaboard where you have higher per capital gdp to the rural areas of china. as much as i argued earlier that the economic stability is so important and paramount, the environmental consumer side is, of course very important to somebody being able to send their kid to swim in a lake or breathe the air. so that concern is also taking a lot of the richest, smartest pele out of china and brain drain as well. neil: i'm sorry, jo ling, we're hearing they are apparently talking about cyberrelated issues, i don't think they conclude anything, but we're getting this news flash that the white house says u.s. and china have agreed neither country's government will conduct or knowingly support intellectual property. >> that's not new. that's not new. neil: i have agreed that eating too much dessert is a bad idea. it doesn't mean that i'll stop

eating too much dessert but it's a worthy acknowledgment, i guess. julie, here we are on a day, 45 minutes away from hearing from speaker boehner why, he opted to resign. we're told this is in the works for sometime, but after eric cantor's stunning defeat he held things off. now you have the markets seemingly sensing, we're less likely to see a government shutdown now. do you buy that? >> i don't. boehner wasn't the problem, it was the caucus that was the problem versus the tea party, right? so mccarthy or other is the next speaker, i don't know what fight they're going to have. the tea party is going to put up a fight. we have a shutdown looming and the issue of planned parenthood isn't off the table. is it speaker going to call a deal with the allies in the caucus saying let's not shut the party. boehner was in trouble because the democrats weren't bailing him out. they said you're on your own,

we're not saving you. neil: constant crying. >> it's bizarre, you don't resign unless there is a scandal brewing, i'm not suggesting there is. you don't resign randomly a week before a potential government shutdown in october. >> that crying yesterday, something is going on. >> he cries at everything. >> not like that. not like five boxes of tissue. i'm going to assume he's a good catholic and was touched by the pope. >> if he knew in his heart of hearts that was his final moment. neil: you are very jaded. >> think about it from where the republican party is going. this is yet another confirmation it is moving far to the right. boehner was -- in many ways, i can't believe i'm saying this, i remember when he burst on the scene in 1994 as a moderate, you got guys like eric cantor bowing out, boehner is going to bow out. this is a republican party that there's a lot of stuff going on

with democrats how far left it's become. this is a republican party in disarray. in a purely ideological way, he would not have resigned unless he was getting pressure from tea party types. >> or unless it was fractious or he felt this was the best thing for the country. >> have you seen a politician given up his career for the good of the country? john boehner is the first. today is the day. >> like the kool-aid man over here, passing out cups. neil: getting more information on the so-called cyber side deal, this is about the chinese and the united states, are going to form a group of senior experts for further discussions on cyber issues. >> come on! >> they have not agreed on these issues. >> no. and there is no way this is anything new because if you looked at chinese foreign ministry everyone below, that they don't actually do this

supposedly, if they're going deny it. neil: we have to get to the bottom of the cybersecurity. >> it's remarkable actually and it's remarkable. >> wait, wait. >> the arming part of the government? >> yes. >> it's an army, not part of the government. >> any time somebody put together a committee to discuss something, you laugh your butt off at it. you know it never turns into anything. neil: they need cover. >> they say the government has agreed not to do this sort of stuff in the future. remember, it's china's rules whatsoever the bureau is called, you have the people's army. >> president obama's administration was looking at putting sanctions on companies that benefit chinese companies. >> that doesn't seem to be off the table. >> that benefit from stolen technology. any kind of working group to develop a code of conduct will likely get in the way of actual

sanctions. that's my guess. >> may i ask a legitimate question here? do you think we're not spying on them? >> i hope we are. if we're not -- >> we're breaking into the banks. >> i'm sure we are. >> you're sure? neil: that was my solution for this. they're going to spy and hack on us. >> when you say us, remember what us is. do we spy on them? on russia? do we break into the banks and steal credit card information. >> that's the line they're attempting to draw. >> i'm pretty sure we're take information out of totality of the country. neil: we're running 21 minutes late. people read all sorts of sinister comments from that, that maybe there's a problem here. look, i don't necessarily what that means, they're running late. they could be focused on the pope, he's at ground zero having an interfaith meeting

with every major religious group represented. he has met with victims' families, that is the pope. maybe they're trying to give that time. we're about a minute away from the two leaders of the two biggest economic powers on the planet to state their case and common ground on climate change. not so much common ground on the cyber. but i guess they're going to brag about laying the groundwork, julie? >> this committee, this is something they've tried to do with the strategic and economic dialogue for five years. that has not worked. and the fact that no sanctions were laid out by the white house, even though they say they're working on it is curious. analysts said it would be the sticking point ahead of the state visit, nothing happened. i am with dagen on this, i wonder what will happen to the momentum if there was any, now that we have this on the table.

neil: we don't know, they're coming out of the oval office now. enormous pressure to prove they have done something. the two leaders who have personally gotten along very, very well, many liken it to the days back of bill clinton and boris yeltsin. we'll see. >> have a seat. i want to once again welcome president xi back to the white house. we first hosted him here three years ago when he was vice president. so this is our sixth meeting. as a result of our efforts, our two nations are working together more closely across a broader range of critical issues, and our cooperation is delivering results for both our nation and the world. since i took office, american exports to china have nearly doubled and now support nearly one million american jobs. chinese investment in the united states helps support

jobs across our country. we partner to address global challenges whether promoting nuclear security, combating piracy off the horn of africa, encouraging reconciliation in afghanistan and helping to end the ebola epidemic in west africa. the historic climate change announcements that we made in beijing have encouraged other countries to step up as well, increasing the prospects for a stronger global agreement this year, and as a member of the p5+1, china was critical to the sanctions regime that brought iran to the negotiating table and to the talks that produced the deal to prevent iran from obtaining a nuclear weapon. the greater prosperity and greater security, that's what american and chinese cooperation can deliver. and that's why i want to say again, the united states welcomes the rise of a china that is peaceful, stable, prosperous, and a responsible player in global affairs. and i'm committed to expanding

our cooperation even as we address disagreements candidly and constructively. that's what president xi and i have done on this visit, during our working dinner last night and meetings today. let me mention some specifics. first, with respect to our economic relationship, we agreed to step up our work toward a high standard, bilateral investment treaty that would help level the playing field for american companies. we committed ourselves to a set of principles for trade and information technologies, including protection of innovation and intellectual property. president xi discussed his commitment to accelerate market reforms, avoid devaluing china's currency and have china play a greater role in the rules based system that underpins the global economy, all of which are steps we very much support. i raised once again serious concerns about growing cyberthreats to american companies and american citizens.

i indicated that it has to stop. the united states government does not engage in cybereconomic espionage for commercial gain, and today i can announce that our two countries reached a common understanding on the way forward. we agreed that neither the u.s. or the chinese government will conduct or knowingly support cyberenabled theft, theft of intellectual property including trade secrets or confidential business information for commercial advantage. in addition, we'll work together and with other nations to promote international rules of the road for appropriate conduct in cyberspace. so this is progress. but i have to insist that our work is not yet done. i believe we can expand our cooperation in this area, even as the united states will continue to use all of the tools at our disfoefl protect american companies, citizens and interests. second, i'm pleased we're building on last year's climate commitments. last month i issued our clean

power plan to help reduce america's carbon emissions. today i want to commend china for announcing it will begin a national market based cap and trade system to limit emissions from some of its largest sectors. last year, i announced our pledge to $3 billion to the green climate fund to help developing nations deal with climate change. today i welcome china's major commitment of china finance for the countries as well. our two countries are putting forward our common vision for the ambitious climate change agreements we seek in paris. when the world's two largest economies, energy consumers and carbon emitters come together like this, then there's no reason for other countries, whether developed or developing, to not do so as well. and so this is another major step towards the global agreement the world needs to reach in two months' time. third, with respect to security in the asia-pacific. we agreed to new channels of communication to reduce the

risks of miscalculations between our militaries. the united states and china have reaffirmed our commitment to be complete and verifiable denuclearization of the korean peninsula in a peaceful manner and demand the full implementation of u.n. security council resolutions and will not accept north korea as a nuclear weapon state. we did have candid discussions on the east and south china seas, and i reiterated the right of all countries to freedom of navigation and overnight and to unimpeded commerce. as such, i indicated that the united states will continue to sail, fly and operate anywhere that international law allows. i conveyed to president xi our significant concerns over land reclamation, construction and the militarization of disputed areas which makes it harder for countries in the region to resolve disagreements peacefully. and i encouraged a resolution between claimants in these

areas, we are not a claimant, we want to make sure the rules of the road are upheld. i reiterated my strong commitment as well to our one china policy based on the three joint communiques and the taiwan communications act. fourth, we do more to promote international security. at the united nations in the coming days, the u.s. and china will bring countries together to promote development in afghanistan, and we'll work with our many partners to strengthen international peacekeeping. we agree all parties including iran need to fully implement the nuclear deal and u.n. resolutions need to be fully enforced. for the first time, the u.s. and china will formally partner to promote global development. building on our efforts against ebola, we'll work to strengthen global health security, and expand our joint efforts on humanitarian assistance, disaster response, agricultural development and food security, and given china's success in lifting hundreds of millions of

people out of poverty, which is one of the most remarkable achievements in human history, we will help rally the world this weekend around new development goals, including our goal to end extreme poverty. fifth, we had a frank discussion about human rights as we have in the past, and i affirmed america's support for the rights and including freedom of assembly and expression. freedom of the press and freedom of religion, and i expressed in candid terms our strong view that preventing journalists, lawyers, ngo's and civil society groups from operating freely or closing churches and denying ethnic minorities equal treatment are problematic and prevent china and its people from realizing its full potential. obviously, we recognize that there are real differences there and president xi shared his views in terms of how he can move forward in a

step-by-step way that preserves chinese unity. so we expect that we're going to continue to consult in these areas. even as we recognize tibet as the people's republic of china, we continue to encourage chinese authorities to preserve the religious people and dalai lama. finally steps between our two peoples. we launch a new initiative to boost tourism between our countries in the coming months and just as children across china learn english we're starting one million strong to encourage one million students to learn mandarin chinese over the next five years. vice president biden pointed out two of his children are already on track. two of his grandchildren, actually. after all, if our countries are going do more together around the world, then speaking each other's language, truly understanding each other is a good place to start.

overall we've had an extremely productive meeting. the particular work that has been done by our teams shows the extraordinary progress that we can make when we're working together. the candid conversations between president xi and myself about areas of disagreement help us to understand each other better to avoid misunderstandings or miscalculations and pave the way potentially for further progress in those areas, and president xi, i want to thank you, again for expanding your commitment to cooperation between our nations. i believe that it's another reminder that as we work to narrow our differences, we can continue to advance our mutual interests not only for the benefit of our peoples but for the benefit of the world. thank you very much.

>> president obama, dear friends from the press, ladies and gentlemen, good friends, good morning. it's a great pleasure for me to meet with all of you, together with president obama. let me begin by thanking, again, president obama and the u.s. government for the gracious hospitality and thoughtful arrangements and warm reception afforded to me and the chinese delegation. i also want to thank the american people for a warm welcome. yesterday and today, president obama and i have had discussions on respective domestic policies, important topics international and regional situations. our meetings are constructive and productive, and we have reached extensive and important consensus. during the discussions, president obama shared with me

the domestic agenda and foreign policy priorities that he has been working on, and i congratulated him on the progress that he has made in those areas. i appreciate president obama's reaffirmation to me that united states welcomes the rise of a peaceful, stable and prosperous china. it supports china to play a bigger role in the international arena, and the united states supports china's reform at opening up. i indicated to president obama that china is making all-around efforts to deepen comprehensive reform, to build governance, to enforce strict party discipline to achieve the grand goal of building an initial prosperity, the reform opening up china will not stop. china is firmly committed to the path of peaceful development.

it is committed to growing friendship and cooperative friendships with all countries in the world. to work with the united states to build the new model of major country relationship, without conflict, without confrontation, with mutual respect and win-win cooperation is a priority in china's foreign policy. we have spoken highly of the important progress made in china-u.s. relations since the summit in 2013 and agreed to follow the consensus, expand the practical cooperation in various areas at the bilateral region and global level, and manage differences in sensitive issues in constructive manner, and to advance the new model of major country relationship between china and the united states. we have agreed to deepen the practical cooperation in

various areas in the scope. we have agreed to vigorously push forward the treaty negotiations, speed up the pace of the work so as to achieve a high standard and balanced agreement. we will expand mutually beneficial cooperation in energy, environmental protection, scientific technology, aviation, infrastructure, agriculture, health and other areas. the two governments and relevant agencies have signed many cooperation agreements and businesses have signed a series of commercial contract. china and the united states are highly complementary economically, and they're a huge potential for further cooperation. for the united states to recognize china's market economy status and export control on civilian high-tech

items, it will help expand the mutually beneficial cooperation between the two countries. we have also had in-depth discussion on the current international economic and financial situation. we have agreed to step up macroeconomic policy coordination and jointly promote economic growth and financial stability. we have established the mechanism on regular phone conversation on economic affairs between china and the united states which will be led by vice premiere of china and secretary of treasury jack lew, they are respective and major economic issues. we upon step up cooperation within g-20, the world bank imf and other multilateral mechanisms. i appreciate the u.s. supporting, including the renminbi into the imf special

drawing rights when certain vendors of the imf are met, and i appreciate u.s. commitment to implement the imf quota and government constructive reform plan at the g-20 summit in 2010. we have truly affirmed the progress made in the confidence-building mechanisms between the two militaries. we have agreed to step up exchanges and policy dialogues between the two militaries at all levels. hold more joint exercises and training. we believe that terrorism is the common enemy of mankind, and we have agreed to step up multilateral and bilateral counterterrorism cooperation. we have decided to increase communication and cooperation on counterpiracy, humanitarian disasters and international peacekeeping operation, and also law enforcement

cooperation to jointly fight against all kinds of transnational corruption and crime. we have in-depth discussion on the issue of the asia-pacific and believe that china and the united states have extensive common interests in this region and should continue to deepen dialogue and cooperation on regional affairs and work together to promote active interactions and inclusive cooperation in the asia-pacific and work with countries in the asia-pacific to promote peace, stability and prosperity in this region. china is committed to the path of peaceful development, and a neighboring foreign policy, islands in the south china sea are china's territory. we have the right to uphold our own territorial sovereignty and lawful and legitimate maritime rights and interests. we have the ability to manage

differences and disputes through dialogue and addressing disputes through negotiation and peaceful manner and exploring ways to achieve mutual benefits through cooperation, we're committed to respecting and upholding the freedom of navigation and overflies by countries according to international law. relevant construction activities that china are undertaking in the islands of south naja islands do not impact any country and china does not perceive militarization. china and the united states have a lot of common interests on the issue of south china sea, we both support peace and stability of the south china sea. the countries directly involved should address their dispute through negotiation and in peaceful means and with support, freedom, navigation and overflights of countries according to international law, and the management of

differences through dialogue on full and effective implementation of the consensus building. we have agreed to maintain constructive communication on relevant issues. china and the united states are two major cybercountries, and we should strengthen dialogue on cooperation. confrontation and friction are not the right choice for both sides. during my visit, the competent authorities of both countries reached important consensus on joint fight against cybercrime. both sides agree to step up crime cases, investigation assistance and information sharing, and both governments would not be engaged in or not only support online theft of intellectual properties and we

will explore the formulation of appropriate state behavior norms of the cyberstate of the cyberspace, and will establish a high level joint dialogue mechanism on related issues and to establish hot line links. democracy and human rights are the common procedure of mankind. at the same time, we must recognize that countries have different historical processes and realities, that we need to respect people of all countries in the rights to choose their own development path independently. the chinese people are seeking to realize the great renew of the china's nation which is the chinese history. this process is a process to achieve social equity and justice and advancing human rights. china stands ready to, in the

spirit of equality and mutual respect, conduct human rights dialogue with the united states, expand consensus, reduce differences, learn from each other and progress together. we have decided to continue to work together to tackle global challenges, and provide more public goods for the international community. we again issued a joint announcement on climate change. we have agreed to expand bilatical practical cooperation, strengthen coordination in multilateral information and push the paris climate change conference to produce important progress. we have signed china-u.s. development corporation mlu and have agreed to expand trilateral cooperation in asia, africa and other regions in

terms of food security, public health system, emergency management, and we will maintain communication and coordination in implementing the 2015 development agenda, promote a more equitable and balanced global development partnership and help developing countries to achieve common development. we have agreed to firmly uphold the international nuclear nonproliferation regime. president obama and i have the joint comprehensive reaction regarding the iranian nuclear issue. we reaffirm that all relevant parties should undertake to implement the agreement fully and work together to implement all relevant united nations security council resolutions. we reaffirm our commitment to realize the complete and verifiable denuclearization of the korean peninsula in peaceful way. and we oppose any action that

might cause tension in the korean peninsula or violates u.n. security council resolution. we believe that the september 19th joint statement of the six party talks and u.n. security council resolutions should be implemented in full, and all relevant parties should work together to firmly advance the denuclearization process of the korean peninsula and maintain peace and stability to achieve enduring peace and stability in northeast asia. the friendship between the two peoples is the most reliable foundation for long-term and stable development of china-u.s. relations, and we should endeavor to solidify this important foundation. we have decided to make 2016 a year of tourism for china and the united states in the next three years, we will fund a total of 50,000 students to

study in each other's countries and welcome the united states decision to extend the 100,000 strong initiative from universities to element and secondary schools and by 2020, one million american students will learn mandarin. the friendship of china will continue to be open to the american people. i also hope that the chinese people could come to the united states for holidays or visits more easily and conveniently. mr. president, with 36 years of development, the interest of china and the united states are deeply interconnected and we have greater responsibilities for world peace and human progress. there are broader areas that the two sides should and can work together. the chinese stand ready to work with the united states to uphold a spirit of perseverance

and advanced relations to seek further progress to the better benefit of the chinese and american people and the people in the world. thank you. [ applause ] . >> we're going to take a few questions. margaret talib of bloomberg. >> thank you, mr. president. president obama and president xi, i'd like to talk to you about cyber. if i am an american business and i'm being hacked by chinese pirates who are trying to steal my intellectual property, what firm assurances can you give us today things are going to get better and when? president obama are you satisfied enough about the steps that china is taking to hold off imposing sanctions to this end, and president xi, could we expect prosecution of people and organizations that hacked u.s. businesses and if would you respond to sanctions.

what is your reaction to house speaker boehners decision to resign? will it make life better or worse for you. are you concerned it the make a government shutdown more difficult or off-limits and do you think he will waive rules before he leaves? thank you. >> i'll take them in order. with respect to cyber, this has been a serious discussion between myself and president xi since we first met and the good news is from my perspective is in the lead-up to and then finalized during our meetings here today, we have made significant progress in agreeing to how our law enforcement and investigators are going to work together.

how we're going to exchange information, how we are going to go after individuals or entities who are engaging in cybercrimes or cyberattacks, and we have jointly affirmed the principle that governments don't engage in cyberespionage for commercial gain against companies. that all, i consider to be progress. what i said to president xi and what i say to the american people is, the question now is are words followed by actions? and we will be watching carefully to make an assessment as to whether progress has been made in this area. with respect to the various tools that we have to go after

those who are attacking our companies or trying to extract trade secrets or data, we have traditional law enforcement tools, but as i indicated a while back through executive action, i've also instituted the ability to impose sanctions on individuals or entities, where we have proof that they've gone after u.s. companies or u.s. persons, and we did not, at our level, have specific discussions of specific cases, but i can indicate to president xi that we will apply those and whatever other tools we have in our tool kit to go after cybercriminals either retrospectively or prospectively. those are tools generally that are not directed at governments.

they are directed at entities or individuals that we can identify. and they're not unique to china. those are tools that we're going to be using for cybercriminals around the world, and if president xi, during these discussions, indicated to me that with 1.3 billion people he can't guarantee the behavior of every single person on chinese soil, which i completely understand, i can't guarantee the actions of every single american. what i can guarantee and what i'm hoping that president xi will show me is that we are not sponsoring these activities and that when it comes to our attention that nongovernmental entities or individuals are engaging in this stuff, we take

it seriously and we're cooperating to enforce the law. last point i'll make on the cyber issue, because this is a global problem, and because unlike some of the other areas of international cooperation, the rules in this area are not well developed. i think it's going to be very important for the united states and china working with other nations and the united nations and other -- and the private sector to start developing an architecture to govern behavior in cyberspace that is enforceable and clear. it doesn't mean we're going to prevent every cybercrime but does serve as a template whereby countries know what the rules are, they're held accountable, and we're able to jointly go after nonstate

actors in this area. on john boehner, i just heard the news as i was coming out at the meeting here, so it took me by surprise, and i took the time prior to this press conference to call john directly and talk to him. john boehner is a good man. he is a patriot. he cares deeply about the house and institution of which he served for a long time. he cares about his constituents and he cares about mary. we have obviously had a lot of disagreements and politically we're at different ends of the spectrum. but i will tell you he has always conducted himself with courtesy and civility with me. he has kept his word when he

made a commitment. he is somebody who has been gracious, and i think maybe most importantly, he's somebody who understands that in government and governance, you don't get 100% of what you want, but you have to work with people who you disagree with, sometimes strongly, in order to do the people's business. i'm not going to prejudge who the next speaker will be. that's something that will have to be worked through in the house, and i will certainly reach out immediately to whoever is the new speaker to see what his or her ideas are and how we can make progress and the important issues that america faces. the one thing i will say is that my hope is there's a

recognition on the part of the something i think john next speaker. understood, even though at times it was challenging to bring his caucus along, that we can have significant differences on issues, but that doesn't mean you shut down the government. that doesn't mean you risk the full faith and credit of the united states. you don't invite potential financial crises. you build roads and transportation roads and build the governance that ensure our military is operating and national parks are open and our kids are learning, and there's no weakness in that. that's what government is, in our democracy. you don't get what you want 100% of the time, and so sometime you take half a loaf, sometime you take a quarter

loaf, and that's something that i've learned here in this office, so i'm looking forward to working with the next speaker. in the meantime, john's not going to leave for another 30 days, so hopefully he feels like getting as much stuff done as he possibly can, and i'll certainly be looking forward to working with him on that. neil: we'll continue to monitor this, this is the first time the president had a chance to speak on the resignation of speaker boehner who will be giving up that post and his congressional seat the end of next month. you might be looking at the dow as well, up about 215 points. not exclusively because of speaker boehner's resignation, janet yellen and her forecast all but drawing a line in the sand that writes we'll likely go up before the end of the year.

it has lifted the intrigue why the markets are moving up further on the news. the growing sentiment seems that be that conservatives have gone the what they wanted. the other is that this might avoid a government shutdown altogether and before he leaves the speaker will cobble together a deal that saves faith on all sides, that for maybe getting a clean budget bill done, one that would take out funding for planned parenthood that has been the source of all this contention between the right and the left. hard to say, we're a couple minutes away from speaker boehner explaining why he did what he did, and what's going to happen. flipping back and forth to other corporate developments here as well. volkswagen has announced that muller will be the man succeeding martin winterkorn the ceo of volkswagen. he said i expect bigger and better things for volkswagen from here. we will reinvigorate the

people's trust, paraphrasing here. but she ready to go at a time when the european community and all said that any asset bonds backed by volkswagen securities will not be honored there. there could be financing issues in europe as a result of what's happened with the software issues and whether volkswagen was deliberately rigging emissions standards. very quickly on the cyber talk with the two leaders. they said, look, we've agreed to talk more about it, and that's about the extent of it. johann brook joins me now, and i'm listening to this and thinking they haven't resolved this. so they agree to meet one more time this year and twice in 2016, but they also seem to be saying, the chinese have been arguing, we can't account for what 1.2, 1.3 billion people are doing, but isn't the charge and haven't the charges been

that these attacks that are coming via the chinese government? >> yes, absolutely. the charges have been the government is financing it, the military units are doing some of this, so the state part of it is clearly under chinese control. somebody earlier mentioned doesn't the u.s. do the same thing? we've got plenty of evidence to suggest the nsa is doing similar stuff. maybe not so much on the commercial side but hacking into the systems. neil: do you think anything approaching this magnitude? >> you know, on the security side, probably bigger. probably better than they are at it, and they're probably more vulnerable than we are at it. so i wouldn't be surprised if the nsa -- >> the financial side such more scary. you shut down our banking system, stealing credit card information from jpmorgan chase, the dow is going to go down a couple thousand points on that.

>> we have to solve the problem, russian mafia is doing that separate from the chinese, there are individuals or organized crime doing this. this is a much bigger problem than the chinese problem, we have to find ways on the offense or defense. neil: i don't want to interrupt but you want to bring you up to speed. the president said he hopes speaker boehner is going to get as much done before leaving. he echoed again as he has all the times that he hopes both sides avoid a government shutdown, he said it comes to that, we are waiting to hear from speaker boehner why he is stepping down and why he chose this moment. there are reports out that he was having this in the works more than a year ago then eric cantor's sudden defeat in a primary battle delayed that plan, that he was going to be doing this at the time he's doing this but all of this was put off as a result, and many are interpreting the market's

actions today as a cover that they will avoid such a shutdown here. should i get into the issue that's come up with the presser. we're monitoring this, on the website, something important comes up, we will get back to you, but we want to follow up on the military efforts that china's made in the south china sea where i think taken about 18 islands and converted them into military installations. this is the first time we have china on record saying this is our territory, it's not, it's international waters. >> historical claim on the land. they have claimed indisputable sovereignty or mt of the south china sea. >> barack obama said it's not. >> 3,000 acres of new land. what are we going to do about it is the question? >> nothing, nothing, nothing. >> we have the right to uphold our territorial sovereignty

laying that claim and pointed out there will be more joint exercises between the u.s. and china this ongoing issue is not going to affect how the u.s. and china cooperate militarily which is an interesting point. neil: you know neil: you know this region inside and out. we should explain the loud protest in the background. outside the white house, free tibet protesters tend to follow the chinese leader or any official that comes to the country to make it clear and other things they might be saying. but when you hear that, this is something they have argued and we ignore in discussions of china appeared >> human rights are not brought up enough. both president obama and xi jinping did discuss it. there was no specifics.

neil: human rights in aggregate. >> they did not mention any specific cases which is curious considering the opm hot. they are all so protesting outside. >> when is the last time the u.s. president had a frank discussion about human rights of the chinese leader. >> we invite lots of leaders but we don't discuss human rights with the saudis don't discuss human rights of women. the american presidents just don't do that. china is clamping down on these issues hear the president claims down on free speech. neil: i get the feeling we need them in jo ling kent touched on this. our economic interests are so interwoven. we gain a lot of currency on the

issue we are always on defense in china needs us more than we need them. we should stop buying their then. that is nonsense. we have a win-win relationship with china. in a sense they are behind. we are benefiting enormously, particularly low income americans benefiting enormously. standard living has gone up as a consequence and all the staff about manipulating currencies and interest rates from us. we are the world's biggest manipulator. >> are companies want access to the market. vidal is that because nike is up 9% because of growth in china. our companies are maybe willing

or unwilling to hand over their own intellectual property and technology in the condition of doing business in china. they are ramping up pressure to hand over the very thing. >> you mentioned a brilliant point. who are we, charlie, to tell them don't interfere with my propped up our markets. >> he said at point blank. the chinese president said something about devaluing. we are going to raise interest rates finally. train to the is speaking about baker boehner. >> for president xi jinping, you've experienced an economic downturn in your country with the stock market crisis and investors globally have been concerned about actions you've taken to intervene in the stock market and current date exchange rate. i wonder what you can say today

to restore confidence interventions lamotta spillover effect in the global economy in the future. thank you. >> truly, i meant what i said. i am not going to prejudge how i'll be a little work with the next speaker because i don't know what the next speaker is and i suspect there will be a lot of debate inside the republican caucus about who they want to lead them and what direction. you know, and it is not as if there has been a multitude of areas that the republican caucus has sought cooperation previously. i don't necessarily think there is going to be a big shift. i do think speak boehner has a tough position because they were members and his caucus who saw

compromise of any sort as weakness or betrayal. when you have divided government, when you have a democracy, compromises necessary and speaker boehner sometimes had difficulty persuading members of the caucus that. hopefully they've learned lessons from 2011. the last time they sought to introduce a non-budget item into the budget budget discussion at that time is upon the care they were going to shut down the government for that purpose. it ended up really hurting the economy, slowing it down and cost a lot of hardship and problems for a lot of people because it turns out government provides a lot of vital

services. our military provides us protection. neil: speaker boehner finally will tell us why he will no longer be speaker boehner. he's in washington and the president speaking about it. >> my mission everyday is to buy for a smaller, less costly and more accountable government. over the last five years, and the majority have two conservative reforms that will help our children and their children. we are now on track to cut government spending by $2.1 trillion over the next 10 years. we've made the first real entitlement reform in nearly two decades and we protect and 99% of the american people from an increase in taxes and we've done all this to the democrat in the white house. i'm proud of what we've accomplished. more than anything, my first job is to protect the edition. a lot of you now know that my

plan was to step down at the end of last year. i decided in november 2010 when i was elected speaker of the serving two would've been plenty. in june of last year when it became clear the majority leader lost his election i frankly didn't believe it was right for me to believe that the end of the last year. my goal was to live at the end of this year. i planned on my birthday, november 17th to announce that would leave at the end of the year. it has become clear to me this prolonged leadership turmoil would do irreparable harm to the institution. this morning i afforded my colleagues i would resign from the speakership in congress at the end of october. as you've often heard me say,

this isn't about me. it's about the people in the institution. yesterday we went is to be awesome site of pope francis addressing the greatest legislative body in the world and i hope we will all heed his call to live by the golden rule. last night i started thinking about this and this morning i woke up and said my prayers as i always do and i decided today i'm going to do it. as simple as that. as the code i've lived by. if you do the right things for the right reasons, the right things will happen. i know this house in this country and i'm proud of what we've accomplished. i have been here, my 25th year here and i succeeded in large part because i put a staff together and team together, many

of which have been here a long time. without a great staff you can be a great number and you certainly can't be a great speaker. i want to thank my family for putting up with this all these years. hard-core girls who are now 37 and 35, and their first campaign photo was in july of 1981. so they've had to endure all of this. it's one thing for me to have to endure it. but the girls in my life have had to put up with a lot of it over the years. let me express my gratitude to my constituents who've sent me here searching times over the last 25 years. you can't get here without getting both. people ask me what is the

greatest thing about being speaker or an elected official? i said it's the people you get to me. tens of thousands of people in my own district i would've never met other than the fact i decided to run for congress. over the years as i traveled on behalf of my colleagues and the party has met tens of thousands of additional people all over the country. you may rich people, poor people come interesting people and a few boring ones along the way. i can tell you 99.9% of the people they meet on the road anywhere could not be nicer than they've been. it's been wonderful. it's been an honor to serve in this institution and with that, junior, go ahead.

>> speaker boehner you are noticeably overcome with emotion yesterday. >> really? what a surprise. >> you reach the decision last night. was it.that led to the decision? >> yesterday was an emotional day. i was really emotional in a moment that really no one saw as the pope and i were getting ready to exit the building, we found ourselves alone and the pope grabbed my left arm and said some very kind words to me about my commitment to kids and education. the pope puts his arm around me and kind of pulls me to them and says please pray for me. well, who am i to pray for the pope, but i did.

>> what was that? >> listen, it was never about the vote. there is never any doubt as to whether it could survive the vote. i don't want my members to go through this and i don't want the institution to go through it. especially when i knew i was thinking about walking out the door, it's the right thing to do when i'm entirely comfortable doing. >> mr. speaker urges say before that a leader doesn't have anyone following him. >> i've got plenty of people following me. the turmoil turning now for a couple months is not good for the members and not good for the institution. if i wasn't planning on leaving soon, i can tell you i would not have done this. >> there are people on the right in your caucus and outside of

the institution have been wanting you to step down for some time feel they have a victory today. >> i'm glad i made this announcement at the conference because it was a very good moment to help rebuild the team. within, i feel good about what i've done. i know that everyday i try to do the right things for the right reason and do the right thing for the country. [inaudible] >> i am going to be here for another five weeks. i'm not going to leave. not going to sit around here and do nothing.

is a lot of work that needs to be done and i plan on getting as much done as i can do for a exit. >> does that make it easier to make decisions? >> make the same decision i would've made regardless of this. >> some members of the month type groups used words like knucklehead in other words you probably can't use on television. had you just had enough and how will anything be different? >> let me tell you, i would not describe it -- that's not it at all. when you are the speaker of the house, your number one responsibility is to the institution and have been about like this in the institution i don't think it's very healthy.

so i've done everything i can over my term as speaker to strengthen the institution and frankly may move today is another step to strengthen the institution. [inaudible] >> hopefully not. >> that's my question. how will washington be different because you leave this institution? what should people watching us expect the house and congress to do going forward if you are not here? >> at the congress is focused on the american people's priorities, there will be no problem at all. while we have differences between democrats and republicans, the goal here is to find common ground. listen, i ties to president bush and president obama this morning. i talked to him by legislative leaders who i have a very good relationship with all of them. at the end of the day, the the

day come in the later sent to work with each other, trust each other to find the common ground to get them done. the congress stays focused on the american people will get along just fine. [inaudible] >> i would say they were shocked. surprise. >> maybe just how the leadership is golf react to it. >> i told mr. mccarthy about two minutes before i spoke what i was going to do. i said you better believe me. >> will mccarthy be the next speaker? >> i'm not going to be here to vote on the next speaker. that's up to the members. having said that, kevin mccarthy would make an excellent speaker. >> who was the first person you called and what did they say question mark >> well, i told my wife. she said good.

my chief of staff and i talked yesterday and i told them i was thinking today might be the day. i told them i would sleep on it. before i went to sleep last night i told my wife i might just make an announcement. what you mean, what kind of an announcement? it's time to go. this morning i woke up and walked up to starbucks as usual and got my coffee and came back and read and saw everybody ip's and got home and i gab, i think it is today. they were having a meeting at 8:45, walked in and said this is the day. [inaudible] >> no, false.

>> what advice would you give kevin mccarthy based on your five years? what advice do you give him? >> i've told him if he's the next speaker, his number one responsibility is to protect the institution. nobody else around here obligation like that. akamai, i'll tell them the same thing i just told you. do the right thing every day for the right reasons and the right it will happen. you all know me. my colleagues don't. they may not like the answer they get but so did an honest answer every single time they come to my office. it's an easy way to do my job. >> feature originally planned to announce this on your birthday. if the west and the pope, what weighed in on the decision to do it now? >> all the stuff i read about in the paper.

you know, i really don't want the institution hurt and i don't want my colleagues her. i do want to put my colleagues to all of this. for what? >> what are you going to miss? >> what will i miss? of course, all of you. i don't know what i'm going to miss because i haven't used it yet. i'll certainly miss the camaraderie of the house. let me tell you another story that was really interesting. maxine waters and i., democrat from southern california came here 25 years ago in the same class. there's nothing about my politics and maxine waters politics, but yesterday 5:30 she called my office. i got a note that she called so

i called her back. she said you know, i watched you for 25 years here. came together and watch your career and she says i want to tell you something. i'm really proud of you. i've got the best relationships on both sides of the aisle because i treat people fairly, treat them honestly. i'm going to certainly miss my colleagues, yes. [inaudible] >> -- how do you think we will become more stable? some of the republicans said they don't take a new speaker -- [inaudible] how could it become more? i mentioned earlier, the fact they did this with my colleagues this morning and we proceeded to

have an hour and a half conversation, i thought was a unifying moment. between that and the pope's call for living by the gold rule yesterday, hope springs eternal. >> talk about what you think your legacy is and what are you going to do november 1st question arc >> i was never in the legacy busi. i'm a regular guy with a big job. i never thought i'd be in congress much less ever be speaker. people know me as being fair, being honest and straightforward and trying to do the right thing every day on behalf of the country. i don't need any more of that. >> you do seem very relieved.

>> what are your plans next and have you spoken -- >> you know, when you make a decision this morning, i haven't had me time to think about what i'm going to do. i do know this. i'm doing this today for the right reasons. and you know what, the right things will happen as a result. thanks. neil: i feel good about what i've done. i have enjoyed this job very much. speaker boehner more than a month away from being the former speaker of the house because he is not only giving up the post from a youth giving up his congressional seat in ohio. the fact of the matter is the next man to get the job as majority leader kevin mccarthy. it seems by all intents and purposes that would be speaker boehner's guy because he has been handpicked by him, but

there could be a devil of a fight to get this resolved one way or the other. we still don't know exactly why speaker boehner did this in the time he did it is sort of in this morning when he got up after being mesmerized between the pope coming here in the pope and asking if he could pray for him an overwhelming moment for the speaker. there were many overwhelming moment, but it doesn't matter to a lot of folks caving under pressure or a conservative result this will come back to hurt them in chances of getting reelected speaker. the votes are there but to take a speaker at his word, and he did this for the institution and probably to stop what would've been a long struggle. look at the dow jones industrials. they are not responding to this or fears of a government sent down. i don't know.

jo ling kent is with me. charlie gasparino is with me. what you think? >> obviously have to read between the lines of what he said. a little bit about republican politics. i'm not the third. it is a fractious bunch right now. the party itself is going through transition becoming much more conservative. eric cantor was once considered a conservative, a young gun out of it, pushed out. >> that was what delayed the move. >> i think by a tea party conservative the emergence of donald trump has shown the party is pretty right wing on a lot of core issues. think of the issues he brought up. immigration controls, other things that the nature for some unlike boehner is somewhat out of step with the transition.

he saw a battle going on on top of everything else and he thought taking himself out of the mix because he's a lightning rod, particularly for conservative members of his caucus might be better than staying there. neil: may be jo ling kent, he's a devout catholic, was working on getting the pope to speak to congress the last 20 years. that couldn't cinch the deal. >> it seemed like it was a rational and emotional decision. my first reaction watching him get his press conference is that the last phase and not just his ability to move the party forward but also the party itself and what it will become. because he's been such a lightning rod about defining planned parenthood of moving forward with avoiding a government shutdown. neil: the irony is he became speaker thanks to teapartiers in

2010 with the election, and yet it was always a fractious relationship. >> it is becoming more fractious. all you have to do is listen to ted cruz talk about mitch mcconnell nuc -- neil: they were whooping it up when he passed on the news. >> there is a sense the republican party is in revolt right now. i'm sure we'll get people on doubletalk about this. maybe it's healthy. i remember when newt gingrich succeeded on michael back in 1990. i can't remember the exact day. you are probably not even born yet, jo ling kent. >> sometimes these transitions are smooth necessary and galvanizing. sometimes they are fractious and

nasty. neil: herman cain, you were there. he joins us now to talk about this. a hard-core tea party groups, the fans who loved you when you are running, they've been very ecstatic over the news and think the party would get back to its core principles and they're itching for a fight and that might include a government shutdown. would he think of that? >> some of them may be excited about it, neil. a change in the leadership of the house of representatives with honor stepping down isn't going to solve other problems. secondly, those cheering his departure, saying be careful what you wish for because they still have to do some galvanizing as one of your panelists mentioned earlier. they got to do some coming together. if they want to be more effect than dealing with democrats.

so it's a number of problems that have to be addressed. let me say i want to personally come commend speaker boehner first 25 years of service in an institution, political institution for that number of years is not an easy job. i've often described as herding cats ain't easy. so now that we will have a new speaker, a new leader of the republican party in the house of representatives, sometimes a change in leadership can be helpful. neil: outside the door, kevin mccarthy notwithstanding majority leader. he is associated with speaker boehner. so would not camp to avoid government shutdowns would say it's pragmatic and very good

about making a deal. conservatives in the republican party find that type of entity, the wrong type of guy, the ryan type of philosophy and would prefer almost anyone else. what are we looking forward to? >> we are looking for several days and hopefully not several weeks of uncertainty. it used to be yes those in normal progression but we can't expect that to happen this time. i don't dare try to predict who's going to get it, how much the shakeup is going to be. my main hope is somehow a change in leadership will help bring republicans together. neil: this led me to think otherwise. the reaction i got with ted cruz earlier today. look at this. >> you want to know how much each of you terrify washington?

yesterday john boehner was speaker of the house. [cheers and applause] you all come to town and somehow that changes. [cheers and applause] my only request is can you come more often? tony, we need to schedule these weekly, once a week. neil: what did you think of that? >> i think that is an oversimplification. it is not that simple but with runners departure that things are going to be much better. neil, you know as well as i do trying to manage dynamic in a large organization like the united states house of representatives is not easy. but i didn't have an easy job.

i'm not trying to defend him, but the reality is it's not really that easy and all of the people applauding he was gone, he wasn't the biggest problem the republicans had in the house and mcconnell is not the biggest problem republicans have in the united states senate. they've got to come together first if they expect a change in leadership to produce some different results. neil: don't hold your breath on that. i am going to get right next to the former republican leader in the house. the justice department is going to launch an investigation. the company confirmed the head of its and he will make the company right and do good by its investors and those who've entrusted the volkswagen name.

it comes as they investigate the conversation. you've heard already about the speaker stepping down that it came in this morning. divine inspiration after meeting and greeting the pope. tom delay on what happens now. tommy is to call you the hammer because you are very good and powerful by making sure everyone was in lockstep. speaker boehner little bit less so. what happens now? >> first of all, i hope we have a leader emerge. i was very impressed with the selflessness neil: do you think he was in trouble and not reelected speaker? >> what you're seeing for the last four years the american people and especially the republicans are rising up and

demanding leadership. they're begging for leadership and then boehner was not providing that leadership. and the difference between the two of us, i always had an agenda and i reached out to the members and we came together and we developed an agenda so that everybody was-- had buy-in and ownership of that agenda. boehner hated agendas, the members wouldn't know where he was headed until the day before a bill would come to the floor. that was his biggest problem, was that he didn't trust his members enough to bring them together, develop an agenda and then execute that agenda. charlie: this is charlie gasparino. do you think that boehner's problem, to be technical he wasn't equipped for the job or that the republican party, we're seeing another transition in the republican party, it's moving further to the right and

where you even -- where people like boehner, where people like eric cantor, they're not considered conservative enough anymore, this is now the party of ted cruz on a lot of issues and maybe donald trump on issues like immigration? >> charlie, the issues haven't changed, the ideology hasn't changed. boehner is a conservative. it's about leadership and getting things done and stopping obama and stopping the lest. that's what this is all about. and the members that have come in the last two election cycles have been brought in by the people to make those things happen. it's not moving to the right, it's standing on your principles and on what you believe and making it happen. that's what this is all about. neil: thank you very, very much. tom delay is new day, now, of course, a not of acrimony what to do with planned parenthood and republicans leading an

effort to fund it and the president says you can't strip it out there and threaten to shut down the government if you don't get your way. the guy behind the videos from planned parenthood is next. that's why i have the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy for my studio. ♪ and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business... that's huge for my bottom line. what's in your wallet? so you're a small business expert from at&t? yeah, give me a problem and i've got the solution. well, we have 30 years of customer records. our cloud can keep them safe and accessible anywhere. my drivers don't have time to fill out forms. tablets. keep it all digital. we're looking to double our deliveries. our fleet apps will find the fastest route. oh, and your boysenberry apple scones smell about done.

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sales to boot. and yellen saying, yes, we're on track for a rate hike this year. so, what do we have? we have the dow jones industrials up 224 points. most of the major indices moving higher right now. why nike and the high top reference? nike the best dow performer, the best of 2015 is hitting an all-time high as it jumps better than after the bell yesterday. great sales in of all places china. blackberry is a problem, walking back about 5% today as its numbers disappointed yesterday. we will have so much more at the top of every hourment stay tuned, i'm liz claman live from the floor of the nike. [ male announcer ] some come here

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something the whole world can share. people come to boeing to do many different things. but it's always about the very thing we do best. ♪ >> hard to say whether that was speaker boehner was stepping down. he woke up this morning and said today is the day and so he's leaving. and the representative on the tea party reaction to all of this. and congressman, as the tea party caucus chairman, what do you think? >> well, i think today the establishment lost and john boehner had a long-storied career and did good things. i think this is good for the party. if there was another vote he would lose. neil: wait a minute, you heard

he was going to loose? i just want to react to that, a moderate republican called me to say that the inmates had taken over the asylum. i think he was talking about the rabid conservative types. disparagingly say, be careful what you wish for and you're going to lead the party to defeat. >> if you look at the primary, 50% of folks, and we have an opportunity to put the party on the track to victory. we have to have somebody who can lead and john boehner didn't provide that leadership. neil: congressman kevin mccarthy, that guy? >> no one has the votes wrapped up today. if they do, they're not being truthful. i was sitting with some conservatives, if we stick together-- no one can be speaker until someone can be committed to taking on the white house and a counter weight to this

president. nobody has the votes today. it's an opportunity and i think the grass roots is tired of the establishment and that's what we saw today, but it's an opportunity for victory in 2016. if we can go back to the roots of why we won in 2010, 2012, 2014, and that's our conservative principles. i think it's a great, a good day. charlie: congressman, charlie gasparino here. i remember when newt gingrich got rid of bob eichel as the head of congressmen. he wasn't quite speaker yet. a moderate republican, maybe a rockefeller republican in many ways. john boehner is pretty conservative on record. is the republican party going -- having a civil war over who is -- what is a true conservative? that's what seems like is going on now. >> well, there might be a war in washington, but out in the real world, folks understand, this is the pro-life party, this is the conservative party. as tom delay observed rightly,

john boehner very rarely presented any plan. it was always reactive and newt gingrich was a lot different. it wasn't reactive, it's let's move forward. that's what we're looking at. i think it's no accident after five weeks of town halls they came back and said to the speaker, we're tired of defending you. charlie: you're just saying he is bad at his job. nothing to do with a conservativism, he wasn't leading-- >> well, i mean, what he did a good job raising a bunch of money, but never translated into victory. it was always in conference with john boehner would say we can't do that because the president doesn't want us to or harry reid won't let us. we want a speaker who says, yes, we can. neil: the concensus seems to be that maybe this helped or helps avoid a government shutdown, that a deal will be made and some on the street are interpreting this a deal will be made to avoid a shutdown.

do you agree with that? and do you think that a shutdown is well worth it when it comes to using defunding planned parenthood as a means to do so? >> i think it's absolutely wrong, immoral and inhumane to traffic baby parts or anybody involved in that. john boehner has nothing to lose-- >> i'm sorry, sir, that's not what i asked. do you think it's worth shutting the government down to get your way on planned parenthood? >> i think, i agree with the president, we both have principles, the president has threatened to shut the government down unless we fund planned parenthood. i think we ought to put a bill on his desk that follow through on that mr. president, if you so desire. neil: and the planned parenthood thing out of it. he's already said he would never sign that. so, that sounds to me like we get a shutdown. >> i don't know. the president would have to veto that. i think it's a radical extreme threat to hold the whole government hostage for one

entity that travis in baby parts, will that happen? >> is it worth your point to do the same thing? i understand where you're coming from. would you think it's worth it to shut down the government on principle on this planned parenthood thing? >> i don't think we need to shut it down. neil: i know this, but this is your holy grail funding for planned parenthood. if it's in there it's not worth approving a budget that would keep the budget functioning. >> no, and i think that the republicans would make a mistake to fund planned parenthood. either you fund the trafficking in baby parts or you don't and i would say john boehner's last choice of speaker, will he fund planned parenthood and trafficking in baby parts or will he-- >> you've made it clear where the battle lines are drawn, congressman. i appreciate you taking the time. and all of this started with the videos. democrats said they were doctored and planned to look the wrong way. the 26-year-old behind them that now has brought us to this point after this.

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>> what i am troubled by are the misleading, inaccurate allegations about them that we heard from republicans at their debate. this is really a-- an attack on planned parenthood. neil: there are questions about planned parenthood videos, the planned parenthood videos that she said were doctored and that and other liberals and democrats argued did not represent what planned parenthood was about. i made a point when the videos came out picking any one of them which were not edited and picking out an objectionable part and playing it at home. there's not a lot of doctor going on. and we're going to the source,

david was his name and he was the one who put the videos together. and has been the source of all of this controversy since. good to have you. >> neil. neil: why did you do these? what were you trying to do? >> sure, well, you know, planned parenthood has been engaged in the harvesting and trafficking of aborted baby parts for decades now and really, nobody has called them out on it. it's been a good 15 years since this issue was part of national conversation about abortion, about planned parenthood. and it's a trafficking of body parts is a serious crime, a federal felony and it's something that i think speaks to the core of issues and values of human dignity and human equality when you are harvesting of late term aborted babies and then selling them. that's something that's dushing and offensive to a lot of americans. it's unconscionable. neil: how did you present yourself, david? i know your personal views. how did you get in there to

talk to them? >> all of our investigators had to do, neil, was follow the lead of real life biotech companies that have been partnered with planned parenthood for many years to harvest and sell the body parts from the babies that they abort and basically our investigators just modeled themselves after those real life companies like laboratories which are under investigation by congress right now and we just modeled ourselves after them and planned parenthood was happy to welcome one more player to the table. neil: did they ever discuss specifically cash for body parts? . specific cash for body parts? >> absolutely, absolutely. the planned parenthood leadership cecil richard, per pro cured specimen, per body part harvested. neil: is this how they make their money. >> it's one extra revenue for

planned parenthood. there's no cost to the planned parenthood clinic to do it and they're getting extra income on each body part they're able to supply. neil: david, i'm sure you've heard the wrap against you that the tapes were strung together, doctored and edited. what do you say? >> we posted the full footage of the conversation with the planned parenthood directors for everybody to see and again, the leadership of planned parenthood has now admitted openly to three main charges that our videos make against you, number one, that they receive money for the body parts and they change to get better body parts and the national office has known about it and nope -- known for years. neil: and when they say you've pulled a fast one. >> it's not true, planned parenthood is trying to pull the fast one ignoring what's on the tapes and ignoring the statements from top level

doctors and medical directors. neil: david, when you saw the body parts and saw and heard the comments about heartbeating or this is a good brain or perfectly attached spine, you or your people were recording all of this, tell me what you thought. what was your reaction? >> you know, it's horrific and it's heartbreaking. i think that's something that's resonating with a lot of americans. and it does speak directly to the character of our country and to really core american values of human equality and human dignity that on the one hand, an unborn baby is not considered to have a humanity equal enough to our own to be protected from abortion and at the same time it's that same humanity that makes them valuable or experimenttation and harvesting the body parts. that's troubling and offensive to a lot of americans and they want accountability to it. neil: it was offensive to me and a lot of organizations and ours had trouble sharing that

because it was so gruesome. and it seems in all of these tapes there were fetus body parts in what looked like pie dishes. and that's in a lot of the conversation, they're sorting through it like a chinese takeout meal. was that really like it? >> that's exactly how it's done. exactly how it's done. neil: now you know where this has gotten the republican party some say, it led to speaker boehner's resignation today because it's a fight worth having in the united states congress to defund planned parenthood because of these videos and because of what came to light. do you agree, david, that what you unearthed is worth fighting for to defund planned parenthood even if it means shutting down the united states government? >> well, there's a couple of things there, i think that speaker boehner did a very good job of initiating the investigations, calling for a serious investigation and hearings about planned parenthood's harvesting and

sale of aborted baby parts and i think it's unconscionable and most people agree it's unconscionable that an organization like planned parenthood should receive half a billion dollars every year to fund. people want accountability for planned parenthood and official to be held for-- >> is it worth shutting the government down? >> i think we have to leave it up to the experts who are actual experts in legislation to find the best way to do that, but i think that american people want accountability more than anything. neil: one man, one 26-year-old man who might have just changed the course of american history. we'll have more. so jill, i know the markets have taken a hit lately. mmm hmm. just wanted to touch base. we came to manage over $800 billion in assets, through face time when you really need it. it's how edward jones makes sense of investing.

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>> all right, the dow up 225 points right now. whether it has anything to do with speaker boehner, probably not, probably janet yellen

drawing another line in the sand. and she's still inclined to raise rates by the end of the year. and funding planned parenthood, have a funny way of showing whether they'd welcome that development or not. seems to be a moot point. here is trish regan. >> thanks, neil. john boehner shocking everyone. i'm trish regan. john boehner walking away the end of the next month. here is what he said about the legacy he'd be leaving behind. >> i was never in the legacy business. you heard me say it, i'm a regular guy with a big job. and i never thought i'd be in congress, much less ever be speaker. but people know me as being fair, being honest, being straight forward, and trying to