government. i don't know who they get their advice from. >> cuban police are shooting them in the streets. their royalty goes over there to give them plaudits. appalling. i calmed down. connell mcshane is in for neil. connell: scary, when you get all british on us. welcome to cavuto kos to coast. i'm connell mcshane filling in once fenn for neil. a lot of border news for neil. as we break the department of homeland security with officials there, just saying a few moments ago, they're facing what they have described as a quote, systemwide melt down on the southern border of the united states. white house press secretary sarah sanders says we're at a breaking point. it all comes as president trump is still standing firm it appears on a threat to just close down the southern border. that does have some market

watchers worried about the economic consequences. let's start things off here, have a discussion about all of this, where we should go with the arizona attorney general is our guest. it seems if nothing else there is more acknowledgement on both sides there's a crisis, do you sense that here? kind of a little bit of a change the last few days? >> i hope so. i hope so. but let's not kid ourselves. this is a crisis that has been going on for 15 years. in fact, in 2005 arizona's governor, janet napolitano declared an emergency along the border. she was the democratic governor who later went on to serve in the obama administration as director of homeland security. here we are 15 years later, dealing with the same issues, same problems. 2005, president bush went to the border. we ended up with the border fence act of 2005 which resulted in some more border fencing because of the crisis. 10-year laters we're still

dealing with it. this has been a bunch of fits, starts stops, because of all the politics involved and i would just urge the bureaucrats and elected members of congress in d.c. to put aside their petty differences stop playing politics with the issue which right for americans. connell: which is what? the language being used, this is conference call for reporters where a senior department of homeland security official said we're at a quote, systemwide meltdown. they're trying to get the word out this is a true crisis. so the right solution this time is what? >> well, first of all, we need to do everything we can to secure our southern border. just, just this year, our office has had several major indictments involving people with ties to mexico. in fact one individual had been permanent -- lifetime ban in 2017 after serving prison in the united states. was just arrested, indicted by our office trying to smuggle in more than 26,000 fentanyl pills,

pound of heroin, 20-pound of marijuana. there is constant cycle. there is no operational, border security, at certain parts of our border. and that is the reality. so for some bureaucrat or some liberal politician in new york city they may not see day-to-day impact. here on the border states, we're seeing it cohn cohn right. >> another fact your vowers need to be aware of, just last few months, more than 18,000 migrants were released into arizona cities. this is having a financial impact on arizona as well. so while this may be theoretical and may be ways for people to raise money on the east coast, we here in arizona, we here in the border states are feeling this every single day. connell: you're talking about the financial and economic impact. that is the other side, the economic risk of crossing down the everybody tire -- entire border. not clear what the president is

threatening when partial shut down or entire shutdown. on fox business, a lot of economists and like, business leaders say you can't do that. that would be a catastrophe economically. you're saying you're feeling it already on the economics but there is got to be some balance there? >> we are. this requires a federal solution. requires congress to do their job. states like arizona, we relife heavily on trade with mexico. there is a lot of jobs in arizona that depend on cross-border trade. that is mutually beneficial. that being said. somebody out there. we don't know what he will ultimately do or not do. he will draw attention to the issue. he will visit the border later this week, draw attention to the fact there are part the of our border there is no operational security. we need to do something. whether more electronic

barriers, agents, physical fencing something needs to be done. congress needs to allocate more resources in order to secure our border to protect our communities. connell: i think you're right about the attention-seeking nature of all that. a lot more people are talking about it last couple days. thank you, sir, mr. attorney general. thanks for coming on. >> thanks -- connell: part of what we're looking at with the chamber of commerce warnings coming out potential impact after border shutdown if it came to that, they put the number $1.7 billion in trade could be lost between trade between the u.s. and mexico. u.s. exports 265 billion worth of goods going into mexico. 300 billion coming from mexico. attorney general saying everybody understands, there is a lot of money on the line. matter of what to do with it. john lonski, moody's capital markets, he is their chief of.

is it serious offer, you could actually close down the any length of time the southern border of the united states? are these warnings of economic calamity, serious warnings? what do you think of it all? >> i think the president is trying to use the threat gaining leverage with businesses to put pressure on those in washington to see to it that immigration laws are indeed enforced. that indeed we recognize that we have a border between the united states and mexico that this is one way of doing it. this is a is a chaotic situation that can't be indefinitely and he has no choice but to shut it down. connell: consequences of having no ard bother policy doesn't working, if he shuts it down, one group, center for automotive research, basically in a week the automotive industry would be

toast, a real disaster. is that going too far? >> that may be somewhat of an exaggeration. i was looking at prices of automobile company shares including motor vehicle parts manufacturers. for the most part they're up on the day. so the financial -- connell: maybe they're not really worried about it. maybe they don't take the threat seriously? >> they see it being a short term threat. i think message trump is trying to get across, listen guys, this situation is intolerable. we have to do something. we have laws that need to be enforced f we need extra people to come in help enforce the laws, let's do so. regarding trump, let's look back at this trade conflict with china and other can countries f it were not for the trade conflict in 2016, there was a chance that the u.s. gdp growth would be 3% for entire year, for the first time since 2005.

so trump showed he is willing to go ahead and use economic sanctions -- connell: i will take the hit. take a little bit of a hit. >> he will be willing do it. he might be willing to do it here. it behooves those with influence over lawmakers see to it more is done. connell: what about the economics this is i guess a final point the attorney general is bringing up? way things are working now, more acknowledgement, that this is true crisis, this is not the best economic situation he says in a border state like his? >> not at all. making matters worse. long term repercussions of this water leak, immigration, actually makings the standard of living, makes the income distribution worse for lower to middle income americans. if anybody benefits from this, it has to be upper income americans who find they can get domestic help more keeply.

>> lower prices. connell: cheaper labor. good analysis. john lonski from moody's. meeting with the head of nato next hour. we're talking about that amid rising tensions over military spending by u.s. allies. there is more or less to come. we'll follow markets. down 77 on the dow. we'll see how we close it out. more fallout from immigration and other issues. medical list joins my 4:00 p.m. eastern for "after the bell." we'll be right back here on "cavuto: coast to coast". i'm working to keep the fire going

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cast for 2019. that stock is getting hit down 11%, with the dow down 91. dow, s&p 500, right around the highs for the year. so the theme, the themes seem to change day by day. the last couple days we're talking about whether all the fears out there about a economic slow down globally were overblown. from the fox business network, deirdre bolton ask with us today and from "the wall street journal" veronica daguerre. deirdre, how about that? data was mixed. durable goods was not great. it was not expected to be but we had data that was pretty good last couple days. >> it pushed the rally yesterday. u.s. manufacturing looked stronger than a lot of people anticipated. the big surprise, chinese manufacturing data, we spoke about it yesterday, not only surprise to the upside, but the best growth in that sector in eight months. good, good, as far as that goes. what is interesting the market's

reaction past three days. i think it is more of a leveling out. the fed on hold already said no more rate hikes this year, i think any positive data point or let's make it two, one from the u.s. and china, the world's two biggest economies will be supportive of the market because there is not this worry, oh, this is too strong and the fed will come down -- connell: we pretty much know where they stand. that it's a an interesting point. veronica, what is your read, big picture? >> in the u.s. specifically, business sentiment looks good. we're seeing more factory hiring again. all of this is really positive signs. we have income growth here in the united states and people's tax returns will be piling some of that into the stock market which is good for investors. so the u.s. overall i think is looking very solid. global issues of course, especially in europe, i think that is a big concern. connell: surprised as we were about china, maybe it didn't get enough attention. germany is a real disaster still.

>> they definitely have their hands full. other areas of europe as well. we have the strong dollar too. that is obviously affects imports. puts pressure on that. as an economy i think we're still probably one of the strongest ones, if not the strongest in the world. things are slowing down. but there is no need at this point to panic but any means -- i think some of recession fears in the he immediate future has been been overblown. we'll wait and see. first-quarter earnings we'll see what happens as a result of that. connell: earnings would be one of them, and couple things out there for a lot of people. we talked about the idea that the southern border could be closed down for extended period of time. i don't think most people think that is serious, financial types say, that is serious threat. we'll see how things develop. other thing is china trade, and timetable. we don't know a timetable. everybody assume as deal will get done, when, how, if? >> from people with money on the

line, u.s.-china trade has to be number one this week. ed in ages did to friday's data we'll get the jobs data and the previous month was a little bit strange, right? many more fewer jobs added to the u.s. economy than economists expected. part of that was okay, furlough sort of working its way through. i do know a lot of attention focused on friday's number. connell: talking about people, before we went on the air, how confident people are with the money, in terms of what they're doing with it. >> bloomberg, i wrote down the stat, it stuck out to me. so the richest americans are stashing cash. $304 billion, collectively in this country. just a comparison point, even though that is big, who cares if it is not in context, it is up from 15 billion. connell: under the mattress type stuff? >> before the last recession hit. not surprisingly the bottom half of earnings in this country, much slower cash growth.

that is not exactly breaking news. but richest americans saving that much more to me in cash says something about fear. connell: this scenario you cover a lot so? >> i think it is interesting but also interesting to see the fund flows too. we're seeing a lot of investors, mom-and-pops going into stock funds, going into etfs the past month or so they're wanting to get in afraid of missing out. there may be some sort of a bifurcation here. connell: isn't that a sign after top? >> absolutely. wealthy people are maxed out allocation to stocks and looking to diversify. getting into online accounts. getting 2 point whatever percent they want ball last to their portfolio. absolutely possible. could be middle america folks late in the game trying to pile in, asking financial advisors to max out stock allocation. to your point, this could be

near the top. connell: finding yield is next to impossible still. you wonder if rates have kind of bottomed here as a final point? >> our treasurys are up a little bit today. connell: yeah. >> when you were talking about europe, both of you before, in germany, negative rates pat this point. connell: crazy. >> we are still -- connell: 2.48 on the 10-year. up in price, down in yield a little bit. you wonder if we're kind of finding a bottom. thanks to both of you. good to see you. veronica thanks. deirdre we'll see you later on in the show. meantime 2020, if you follow the money, cash coming in from a number of them as former vice president joe biden continues to face questions about his potential run. an update on where things stand after a quick break. we'll be right back. delivery drones or the latest phones. $4.95. no matter what you trade, at fidelity it's just $4.95 per online u.s. equity trade.

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connell: we're following the money with these 2020 democrats. donors placing big bets. bernie sanders who was just announced brought in $18 million

in the first quarter of the year. that tops the 12 million from kamala harris and you may have heard about the 7 million which is surprise to a lot of people for pete buttigieg reported earlier in the week. kelly jane torrence from "washington examiner." whatever you think of bernie sanders he can prove he can raise money. 20 bucks a pop. what do you make of this figure? >> it's a quite a number, connell and a number is from small donors. the bernie sanders said the average donation to his campaign is 20 bucks. when you look at the 1million he has a lot of support behind him. some are surprised he did not win the democratic primary after all against hillary clinton who was a pretty disliked candidate in 2016 but it is really interesting to see where some of bernie's support is coming from. apparently he had a contributions from about 100,000

independents. even 20,000 republicans. so, i think bernie has been trying to expand his base a bit beyond the sort of young, very progressive crowd that rallied hine him in 2016. connell: we found out in 2016 that you know, sometimes the old assumptions we make about politics and where people stand on candidates and issues, we should kind of rethink them, be careful with them. >> yeah. connell: to some extent too much may have been made of this but there is definitely some overlap of support between people supportive say, open to be supportive of the president and bernie sanders. as funny as it soundses to some, definitely on trade and some issues. just on someone coming from outside of the establishment, right? >> that's a great point. connell: there are similarity. >> that's a great point. sort of occurred to me, i was on c-span on call-in on 2016 a lot of callers called from all over the country, a lot of people said they liked both bernie and donald trump. like you say, establishment

figures as people shaking things up. bernie not a actually member of the -- connell: not member democratic party. >> exactly. connell: is he tough matchup for president biden. biden has his own issues. he is not even in the race. numbers show biden is the best head-to-head matchup, bernie's socialist against tum his numbers are not bad, even in some states. how do you think of of the matcp for president trump? >> biden does the best against trump. but bernie sanders a lot of polling shows does not do too badly. one of the stronger candidates of democratic field. it would be interesting race. despite bernie being a democratic socialist they have got a lot of things in common. connell: socialism versus capitalism. that i would think play right into president trump's hands at least in that regard?

>> he is hoping to have one of the candidates a self-declared socialist. no one is bigger on that issue than bernie sanders. president trump is dying for bernie sanders to win, win the nomination, to go against it. connell: final point, kelly, do you think, i haven't asked you about it yet, issues with joe biden, accusations, second woman coming forward, do you think he runs? does it affect him if he does? what is your read on the joe biden situation? >> that's a tough one because the things, the way he is being accused of acting inappropriately, they don't go to the level of some of the me too allegations that brought people's careers down. these are not that bad. let's face it the democratic party has been very tough on me too issues. the fact that biden, nancy pelosi, this morning actually, at an event in washington, basically said that bernie sanders, that joe biden has not apologized. if you look look at the

statements, put out three statements since the first allegation came out. he has not apologized. he is very defensive. connell: saw the comments. look how things are received, not how you intend them essentially what the speaker said. >> exactly. connell: kelly jane torrence, always good to talk to you from the "washington examiner." charlie gasparino with a look how wall street is looking at all this. charlie has new reporting on doubts of one of these democratic candidates. >> i thought when biden began to implode i would thought you would see a wall street shift to cory booker. i'll tell you why. he is well-known to the democratic wall street community. big supporter of israel and school choice. wall street democrats are big in the school choice movement. they're very interesting, liberal on most social issues. they deviate on class warfare to an extent. although they believe in the

progressive tax system, don't get me wrong. they also, to the man and woman i believe are in favor of school choice. they just think that the education establishment is really hurt minority students. so they're big into that. connell: if not all, more than the average democrat yes. >> that's right. that is where they bridge with a lot of republicans. i would see wall street democrats hanging out with jeb bush who is big supporter of school choice. connell: what is going on with booker then? >> two things happened. he did something with aipac. there was a aipac conference he boycotted -- connell: almost all of them did. >> that was one. that really shook the wall street democratic base because support of israel is like a litmus test for wall street democrats. particularly here in new york i would say. connell: yeah. >> but for most of them. the other thing is, his movement to the left is somewhat nullifying any goodwill he developed on the, on the school choice front. now does that mean he will lose

every wall street democrat? no. he has friends. but i can tell you that the, i thought there would be them saying okay to cory. he is a guy we know. moderate for many years. connell: mayor of newark, whole thing. >> he was a reformist mayor of newark after other mayors were like corrupt. sharpe james comes to mind. he was reformist mayor. someone in the bill clinton mode of the party who now has been taken over by the radical left so much, you see it in policies. they don't believe they would have a friend -- connell: not a lot of buzz, not a lot of buzz around cory booker's candidacy. we talk about biden, beto, bernie and kamala harris. conventional wisdom are the top four, mayor pete, pete buttigieg last week is having his moment in the sun. that is five before you get to booker. >> you have to see how it plays out. connell: of course it is early. >> we can sit around here and pontificate. i can only do reporting.

i can tell you all these guys are out there meeting with the right people to try to shore up support. the thing hanging over them is whether biden gets in or not. connell: if he does get in, does that affect the race, the way he runs? reports are thinking that bloomberg may run. >> if biden doesn't go, bloomberg may jump in. i don't know if that is the report. i haven't independently confirmed it. it would make sense if you, that you need someone in the mid did i. bloomberg is formidable candidate because of money and policy. that might prevent even howard schultz from getting in. this stuff is still -- connell: it's fluid. >> we have fill up airtime to a certain extent. connell: you're the master. >> i know, at least i make calls. i pick up the phone, okay? i'm telling you. this is what i have right now, is that wall street is waiting and seeing what biden is doing. connell: interesting. >> they don't know, they're not particularly impressed with booker because he moved to the left. you know if this, if we have five socialists and cory booker running for president, you

doesn't have a moderate candidate, there won't be a lot of wall street money in this, i don't think. they don't like the left movement of the party. listen, alexandria ocasio-cortez represents something that is so foreign to anybody that -- connell: of course. >> holds a job. connell: but to your point, everyone is assuming that biden is centrist sort of candidate, establishment. he is not in there then you do start to ask yourself, who is it? >> he is in the best position. connell: probably beto. >> maybe. he is in the best position of beating trump, by any poll, any policy. he represent as bill clintonesque, you know, he is a little to the right of barack obama but not much. he can really get that middle. and you know, i guess, what he has to do, i guess people are telling me, stop apologizing at some point. connell: the opposite from nancy pelosi today. says the apology -- kelly jane says wasn't necessarily good enough. >> you don't know what hand she is playing. who she supports. connell: to be fair the headline

from that, she says none of what she heard disqualifies him from running. she said that clearly. doesn't disqualify him but you have to keep in mind if you're accused, how people receive it, now how you intend. >> if he doesn't run, there are a couple things you have to look at here, i will be real quick, if he doesn't run this is massive 180, he up until two weeks ago he was telling everybody, he had a shadow campaign, had the support staff. connell: right. >> people are saying two things here. they're saying he is either not, not self-aware enough to know that this was going to come out, or, he knew it was going to come out, he wants it to come out now, get it potentially over with before he jumps in. connell: that is the question whether it hangs over. >> those are the two things his wall street guys are telling me. connell: as always, good stuff, charlie gasparino. he has the phone right in front of him. proving his point he picks up the phone. >> yes. connell: new details in a moment how when we should expect a vote on the gop health care plan of

the president made it front and center but maybe not right now. we'll be back.

connell: breaking news something to keep an eye on, in london, looking live picture of number 10 downing streets, prime minister's residence. theresa may is holding a cabinet meeting today, watching brexit negotiations, might go on, three, four hours, it has been going on seven plus hours, not completely sure whether it wrapped up yet. when it does the prime minister may make a statement. they're trying to figure out what they're dealing with in the uk. well keep an eye on that. we'll tell you what she says when she says it. meantime president trump signals a health care vote will come after the 2020 election. here is sarah sanders on that moments ago. >> certainly the president wants to be the party of health care. it is an important issue. it is one that he wants to see us address.

he would love to address us now but we know democrats are controlled by the far radical left-wing of their party and they are total contrast to what we need and what the president wants to see happen when it comes to health care. connell: that all said, the big question for republicans has always been, will they have a plan? in this case to run on in 2020. republican senator from west guinea, shelley moore capito. that is the challenge, one thing to have another and one thing to replace it. what are the plans for health care. >> we have a lot of really good ideas, some didn't make it over the finish line on our last attempt but we know we're looking at is coverage that means for preexisting conditions, affordability, accessibility. i'm from a rural state. i want to make sure whatever plans we have are going to help expand the health care coverage in a state like mine. so i, yes, we're looking at,

block grants and other things that to see what those impacts might be. connell: political move by the president, it has been couched in everything i have read today. kind of quote, unquote punted on health care until after the election. is that idea one you're okay with? it obviously would have been tough with democrats controlling the house, not biggest of margins in the senate. is this right way to go about it? >> i think the president is acknowledging that not only is it difficult, which he knows, wands to find solutions working for the american people. i think when we see "medicare for all," we know that basically means, medicare for none. dropping private insurance. so the alternative ideas are so drastic on the other side that i think the president realized that in order to get something that is really going to work, to be effective, cover the things we want to cover, we'll have to wait until the next election. connell: to that point, i want to ask you about the border as well. i say real quick, what about the other side, you mentioned "medicare for all," this issue,

even though the democrats, to put it mildly have been aggressive on it, they want to spend more, move to the left on health care, it has been a winning political issue for them. it was in the 2018 midterms. how do you turn that part of it around? >> well i think the president, that is what is absolutely trying to do in terms of declaring that republicans are the party of solutions for health care. i think we are. i think we're going to be looking at drug prices which is a huge cost, a huge driver of cost in insurance. we're looking at practical solutions to really solve these problems, rather than us reshape government takeover over the health care. a health care plan, where people lose their private health insurance, i would say that is very unpopular. connell: let me use your own phrase, practical solutions to solve problems, talk about the other issue which is the border. president threatened to close down the southern border if mexico doesn't do something about illegal immigration coming in our way. some have said, you know, people looked at numbers economically, said, boy, even those who say

it's a quote, unquote price and closing down this border would be a crisis in off itself, a economic crisis. so how do you think this should be handled here over the next few days or maybe weeks? >> i mean i think congress has got to come to the table and offer solutions, particularly on the asylum and immigration issue. we've got too many loopholes where people are coming in. 41,000 family units come over in the month of march. we absolutely have a crisis, secretary nielsen says we're breaking at the seems. we're having to shorten the amount of time we can keep people, having to release them with you know, future court dates we know how that turns out. so i think what the president is trying to do, with saying things like closing the border -- connell: is that working on capitol hill. >> what a deep crisis we feel it is and we all know it is. he is saying if you don't find answers we'll have to be more bold in trying to find

solutions. i don't see him really doing that right now but he is trying to jolt everybody -- connell: closing the border. you don't think he will close down the whole border? >> i don't think so, i wouldn't recommend it. i would rather see us get to the table, republicans and democrats to talk about the issue. connell: thank you, senator shelley moore capito from capitol hill. we have getting to the lyft ipo. it has been a disaster last couple days. now it is down 1 1/2%. this has just not worked out. we'll be right back. worry about how to pay for long-term care. brighthouse smartcare℠ is a hybrid life insurance and long-term care product. it protects your family while providing long-term care coverage, should you need it. so you can explore all the amazing things ahead.

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connell: get to amazon as it is trying to shake the whole paycheck reputation at whole foods. hillary vaughn on the story about price cuts that start tomorrow, right? reporter: tomorrow, connell. many shoppers don't think cheap when they think whole foods. amazon is trying to change that. this is whole foods third round of price cuts. starting tomorrow, whole foods plans to cut prices about 20% on average for hundreds of products throughout the store. ceo john mackey says its mission is making whole foods affordable for consumers as the grocery

store chain fights to be more competitive up and down the aisle with rivals like walmart and kroger who are cornering the low cost marketplace. the price cuts are not stopping here. whole foods ceo saying in the announcement, quote, we will lower more prices in the future, building on the positive momentum from previous price investments. here is look at items getting a price cut. they're focusing on seasonal prodoes and meat, large yellow mangoes will cost a dollar starting tomorrow. mixed medley cherry tomatoes, 3.49 for 12 ounces. price cuts on rainbow cchard. they are doubling discounts for primers. whole foods has not seen a surge in prime members shoppers coming through their doors that it initially expected. they thought they would attract a lot more at beginning. they're real rolling out deeper

discounts for prime members hoping to get consumers up. a lot of whole foods employees working over the night to process a lot of the markdowns they need to do before tomorrow. connell: hillary, that is interesting point. they thought more amazon prime folks would come in. they haven't. that is something to deal. hillary vaughn in l.a. talk ipos before we get into lyft, something after disaster last couple days. talk about slack, that is the work place messaging company. you see it on the screen right now. it picked the new york stock exchange for its listing. luck would have it, new york stock exchange is where gerri willis is. joins us with the latest on slack. reporter: connell, slacks technologies chooses nyse for technology shares. second time the technology company to list shares on their

format. the approach can save hefty underwriting fees charged by banks and traditional offerings. direct listings are rare because companies face the risk the shares could flop in debut without assistance of bankers who line up investors ahead of time. the last large direct listing was spotify. also an nyse last year. now traders say the format put as newly public company at risk of a downdraft that may have little to do with fundamentals, the lack after bank backstop. traders say if a company happens to come public on volatile day, well its ipo could perform badly. slack a work place messaging company is not expected to come to market until july or june. i want to mention, it is not like wall street has been completely locked out, connell. they're working with golden, morgan and as advisors, not underwriters. connell: we'll watch the slack story, thank you, gerri. meantime we have to keep an eye on lyft as the slump continues

here for another day in that particular stock. 68.72 is where lyft is. it is kind of leveled out for the time-being but this is after the big drop yesterday. does the ipo weakness after the initial first day of trading reflect some overall weakness some other companies should be wore i had about? let's get to scott shellady on that. that is the thing, scott, a lot of people look at it, lyft, oversubscribed day one, boy what is going on since then? what does it mean for uber and some of these other companies? >> well i think you have to take them on case-by-case basis. there is a little bit of a concern we have these companies boeing public in the 8thing of a bull rally instead of 3rd inning, that something you have to worry about. these companies are losing a lot of money. the fever pitch that surround them is a little bit antiquated, right? there was a time in the late 1990s, early 2000, you saw anything. com got hoovered up

pretty quickly. that was exciting and people made money on that. you have to be careful. is your investment idea to sell this to the next guy a little bit more excited than you are? or do you actually believe in the company? that is the problem here. so folks that get excited about the offering, are not really sometimes looking at the long term. i think that is where you get in trouble. this company has a long way to go. it is on a trajectory to make money. it has a long way to go to get. there you will probably pick it up cheaper, at better price when it makes more sense, rather than something all exciting on the first day, remind ourselves. 20, 25 years ago we had only half the stocks, only half the stocks today to invest in, right? we lost a lot of investment opportunities. that is why these things are all exciting but you know what? sometimes they get a little bit coinesque, if you know what i mean. connell: bitcoin is another story. above 5000. >> there we go. connell: that is interesting you think about lyft, people excited

about a ton of coverage, not that long ago, in recent, not so distant future was snap, right, parent company of snapchat? almost fool me once, fool me twice, are there similarities there? maybe you don't want to watch the next company. it could be the is up from those two? >> case-by-case basis. restricted stock is not a good idea at least for investor. are you on board for the ride with us or not? you will not change corporate governance. these are not amazonnesque companies. they will not shake up the space like amazon did. amazon, to make the comparison, they were losing money when they came to market, for a long period of time. however, they really disrupted a lot of different companies across the board. connell: i guess what i'm getting at. so is that the type, if you were, i don't know, whether you get involved, when company came public. has to be a game-changer, is

that part of your point? >> would be more disruptive than snapchat or lyft? they're trying to get disrupted. electric this, scooter that, delivery this. it is just not good enough, right? connell: unless, maybe there is financials are different, but a little bit but uber is kind of a diverse, of lyft? >> i agree. arguably their financials are not on the same trajectory make money as soon as lift is. interesting to see how they come to market. there is lot of excitement the largest cab company in the world doesn't own any cabs. that doesn't mean they will make money right away. tough be careful what your investment idea. is it to sell it to somebody that is more interested tomorrow or is this a long-term investment. that is not where you want to be. connell: scott shellady is with us. we have a lot more to cover. we're staying on the border story. we expect at lore more developments. a new comments coming from

white house and president. the whole point from the president, the border shutdown has been if we don't get what we need in view of mexico we'll shut it down. warnings from the economic types say that could be a disaster. as we continue, dow is down more than 100 points. "cavuto: coast to coast" will be right back. ♪ and then...there's national car rental. at national, i'm in total control. i can just skip the counter and choose any car in the aisle i like. so i can rent fast without getting a hair out of place. heeeeey. hey! ah, control. (vo) go national. go like a pro.

connell: here we go. hour number two. good to be with you on a tuesday afternoon from new york. i'm connell mcshane filling in for neil. we have a lot going on in washington and also at the border. president trump will be first of all greeting the nato president this hour so that will happen at the white house. then at the border, the president has been saying and his press secretary said it herself, we are at a quote, breaking point with the situation there. so we'll talk about that, the economic consequences of that, or risks, but let's start with

the wrapup from blake burman who joins us from his perch on the north lawn. hey, blake. reporter: we got to speak with press secretary sarah sanders earlier today on the north lawn. let me tick through some of the headlines. you mentioned that she said the southern border is at a breaking point, at least that's how the white house perceives it. i asked the press secretary earlier today if the president is operating under a timeline as to when this official decision could be made as to whether or not he will close the southern border. specifically asked her when that decision will be made. sanders telling me that the president does not have a specific timeline as to when that decision could be made. she also said that shutting down the border isn't the president's first choice but quote, it may be the best decision that we close the border. she also told us that the cea is studying what shutting down the border could mean for commerce and the economy. i will give you one example real quick, potentially here. all of this is just potential at this point. i spoke earlier today as well with an executive from the center for automotive research, and they are estimating that if

the border is closed, it would shut down that industry, the auto industry, here in the u.s. within one week's time. just one outfit's opinion. sanders, though, did make it clear that shutting down the border is a very real option. >> the president's the one that is responsible for the last two years of economic growth, economic boom, and the number of jobs that we have in this country. we don't want to see that hurt, but at the same time, the president's number one responsibility is to protect american lives. reporter: the department of homeland security has enacted surge measures at the border, reallocating some 750 customs and border protection personnel. that has had an impact at two border crossings. in brownsville, texas, officials with the department of homeland security say wait times there are now three hours, and when you go west out to southern california, dhs says there is now a line of 150 vehicles deep on the mexican side.

dhs officials say quote, the system is on fire. as for president trump, he is set to meet here with the nato secretary general in the next hour or so. we await to see what we get from the president on camera and of course, his latest reaction to what's ongoing at the southern border. connell: we might hear more when the secretary general arrives. we will see. blake, thank you. to blake's point, these homeland security officials have certainly been aggressive with their language, especially today, saying the immigration system is facing this system-wide meltdown. tom bevin from real clear politics co-founder, joins us in studio. they are obviously trying to make a point. it's a question here politically whether the president is trying to shine a light, bring attention to an issue he thinks is important and thinks is a crisis, or he's serious about maybe closing down the southern border. what's your read? >> well, he's using all the levers at his disposal to try to get the attention of the countries, folks from the border

of mexico, and democrats and republicans in congress because frankly, there doesn't seem to be any sort of political will at this point to get something done. he's doing what he can in the executive branch to shine a light on this. he's been ahead of the curve on this. he said this was a crisis in his state of the union a couple of months ago, and most folks now, even some folks on the left, are coming around to the idea that yes, in fact this is a humanitarian crisis that's happening on our border. connell: the comments from jeh johnson, president obama's homeland security secretary, earlier in the week, got a lot of attention because here was someone who served in a democratic administration, using that type of language and if you just look at the numbers, that's the type of language that it seems to more and more people is the appropriate type of language, but to your point, even had senator capito on last hour, there doesn't seem like much movement on capitol hill. if not, where do we go? the president said this is not a bluff on shutting the border but that seems like that could maybe not hurt us as much as them but certainly hurt us economically. >> the other thing the president proposed is the idea of a czar,

appointing an immigration czar. connell: does that matter, that kind of thing? >> it would be someone who could coordinate all the policy. it shows it's a priority for this administration and could have some impact. dhs controls most of the bureaucratic infrastructure that deals with this issue but there are other agencies, health and human services, department of defense, where a czar could help coordinate those agencies' response as well and bring as much influence to bear on the border as they can. connell: they are throwing man power at it. >> they absolutely are. but again, absent some sort of solution by congress -- connell: which would look like what? what could congress do that's practical or pragmatic or whatever word you want to use? >> comprehensive immigration reform has always been the holy grail. we have been close a couple times but it's always gone down in flames. there doesn't seem -- that was when we had folks in congress who were actually talking to each other, mccain, kennedy, those kind of folks. connell: i forgot about that. i haven't heard anybody actually bring it up now as something that would seriously be considered here. seems like everybody is talking

about patchwork fixes, right? >> exactly. right now, the democrats aren't actually talking areally. they haven't even acknowledged this was a crisis that was going on. connell: why not? they think it's to their political benefit? >> immigration always comes down to political benefit, both sides can use it for their own politics. as we head into the 2020 election cycle, certainly democrats talking about immigration, they don't want to touch this issue other than to say, you know, it's a humanitarian issue and we should let these folks across the border. connell: in the past, you could say -- and they used to say all the time up until maybe this week, hey, this is a quote unquote, manufactured crisis. now with the pictures backed up by the numbers, that's a tougher argument to make. >> it is a tougher number. while the idea of open bor or s across, we never see them again. they don't come for their court hearings. while that plays to the democratic base, that is not necessarily wher mdle of election setting.

connell: the other thing we are watching, the market is down today by about 100 points and i just want to -- it says it at the bottom of the screen. we want to make sure everyone knows we are waiting, we have been waiting forever for something to come out of the uk but in this particular case, theresa may, the prime minister, is going to make what we understand is a statement here, not sure when, maybe in the next few minutes. they obviously have the lectern set up for her. i believe that's inside of her residence, number 10 downing street in london. sometimes you see her outside of the door there. but i believe, surprise, she will make a statement. the significance of this, to be determined. she was supposed to have a cabinet meeting for a few hours as i said earlier and apparently it went on for seven plus hours. i don't know what they will come up with. i don't know if you have enough trouble getting around the politics here in the united states, if you want to weigh in on theirs. it almost makes you feel better about ourselves. i think the conclusion -- wait. let's listen, see what she says.

this might be quick. theresa may, prime minister of the united kingdom. >> i have just come from the finding a route out of the current impasse, one that will deliver the brexit the british people voted for and allow us to move on and begin bringing oury. i know there are some who are so fe fed up with delay and endless arguments that they would like to leave with no deal next week. i've always been clear that we could make a success of no deal in the long term but leaving with a deal is the best solution. so we will need a further extension of article 50, one that is as short as possible and which ends when we pass a deal. and we need to be clear what such an extension is for. to ensure we leave in a timely and orderly way. this debate, this division, cannot drag on much longer. it is putting members of

parliament and everyone else under immense pressure and it is doing damage to our politics. despite the best efforts of mps, the process at the house of commons has tried to lead has not come up with an answer. so today, i am taking action to break the logjam. i'm offering to sit down with the leader of the opposition and to try to agree a plan that we would both stick to to ensure that we leave the european union and that we do so with a deal. any plan would have to agree the current withdrawal iated with the 27 other members and the eu has repeatedly said that it cannot and will not be reopened. what we need to focus on is our future relationship with the eu. the ideal outcome of this process would be to agree an approach on a future relationship that delivers on the result of the referendum that both the leader of the opposition and i could put to the house for approval, at which

i could then take to next week's european council. however, if we cannot agree on a single unified approach, then we would instead agree a number of options for the future relationship that we could put to the house in a series of votes to determine which course to pursue. crucially, the government stands ready to abide by the decision of the house but to make this process work, the opposition would need to agree to this, too. the government would then bring forward the withdrawal agreement bill. we would want to agree a timetable for this bill to ensure it is passed before the 22nd of may so that the united kingdom need not take part in european parliamentary elections. this is a difficult time for everyone. passions are running high on all sides of the argument. but we can and must find the compromises that will deliver what the british people voted

for. this is a decisive moment in the story of these islands and it requires national unity to deliver the national interest. connell: that's theresa may, prime minister of the united kingdom, at her residence in london, saying as you heard her say that she in her words, is taking action to try to break the logjam that's been associated with britain leaving the european union, and she wants to sit down with the opposition leader, jeremy corbyn, to come up with a plan that they can exit with as opposed to leaving with no plan. tom bevan is still here with real clear politics. it's your business, politics. she's trying to include the opposition in all of this. i guess to maybe get their name on it as well, not sure how this all ends up, probably not with her in power but it's kind of interesting to watch. what did you make of what you just saw? >> sounded like a capitulation on her part. what we have seen going on in britain over the last weeks and months is a government that is

failing to deliver on what the public voted for. theresa may was never for brexit so her heart wasn't in it. she's tried to sort of, you know, split the loaf and come up with a solution. she's failed repeatedly. it's cost her her prime ministership. now it looks like she's still trying to get a deal but she's going to work with the opposition. we'll see whether that works out or not. connell: the thing people give her credit for is hanging in there. lot of people thought she would be gone by now. she's still there for the time being. the assumption is it's just a matter of time, i guess. >> this is not going to make the torreys happy or the british people, the ones that voted for brexit. sounds like they are working to do a deal that has the approval of the eu. i don't think this story is over by any stretch. connell: not at all, unfortunately. as sick as we may be of it. probably not as much as people in the uk. for them it's real stuff. thank you for coming in, rolling with the punches on that. we will talk more about it when we come back, and also about our

own economy. as you look at the markets for the quarter, recession fears easing. that's been kind of the theme the last couple of days. we will talk about today, where we are down 90 points on the dow, and the outlook for the future. join us as well for the market close today and every day, "after the bell" when melissa francis joins me at 4:00 p.m. eastern. we'll be right back. oh, wow. you two are going to have such a great trip. thanks to you, we will. this is why voya helps reach today's goals... ...all while helping you to and through retirement. can you help with these? we're more of the plan, invest and protect kind of help... voya. helping you to and through retirement. ifor another 150 years. the fire going ♪ to inspire confidence through style. ♪ i'm working to make connections of a different kind. ♪ i'm working for beauty that begins with nature.

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connell: to the breaking news on brexit. theresa may, the prime minister of the united kingdom, calling for a short extension on brexit, as the uk now has like ten days to get something done which i think we have been saying for, you know, ten years. let's get to deirdre bolton and. ash tripped over himself on the way in which is neither here or there. you have been over there a lot lately.

what did you think of what you just heard? tom said it sounded like a capitulation to him. >> it really was. they started the cabinet meeting about 9:00 this morning and come out at 6:00. do the math. that's eight and a half hours. you knew something would come out of it. what came out of it was we throw up our hands. there is obviously no way through. this puts the ball back in the court of jeremy corbyn, leader of the opposition labour party. can you work with me, says mrs. may, to get something through. don't forget, they have to ask for another extension. the current deadline is april 12th, a week from friday. she says let's try and get something done before may 22nd because may 23rd, the europeans hold their parliament election. so the question becomes now what is corbyn going to demand in order to get this thing through. one of those scenarios would be whatever we agree to, let's put it back to the people to see whether they will sign off on this. that could be a scenario, putting theresa may in a very awkward, difficult position. connell: right. because she was put in power

really to carry out the will of the people which is to leave the european union, now if ashley's right, maybe you have a demand for a second referendum. >> right. that was one of the things that was rejected so parliament has seized power from theresa may twice, right. once last night, once a week ago, and that was one of the options on the table. okay, whatever we discuss here, you guys get to vote yes or no and that was just one of the eight measures last week that didn't get support. i wrote down the ones last night that didn't. no to customs union, to single market, to may deal, to emergency motion on a no deal. it's just no, no, no, no. it feels like britain is in chaos. >> the problem is if theresa may caves to corbyn, she will lose a lot of her conservative vote for that particular deal. i have said this from beginning. it's political whack-a-mole. you come over here, boom, knock this down, another one comes up. the government has no majority. connell: interesting, because i was saying she's hung in there through all of this for better or worse. you wonder is she just a place

holder now? because most people you speak to assume that at some point, she will -- >> she has seen said, whenever i work out the details, i'm out. if you are holding out on me not giving me support because you want to be prime minister, don't worry, you don't have to, you know -- connell: i guess i'm wondering -- >> like boris johnson. connell: would it help, though, to make that happen quicker? not necessarily boris johnson but someone? >> no, no. why throw in a new leader at this point? it's a poison chalice she took on in the first place. who is going to come in and try to renegotiate what she negotiated. the eu is sitting on the sidelines getting fed up. macron of france in particular saying you can't hold us political hostage like this. get on with it. connell: there was something she said, i don't know the exact words, but at the beginning of her comments i did find interesting. something to the economic points that we talk about all the time. it was something to the effect of over the long term, a no-deal brexit is something we could work out, but in the short term

there would be issues. she said something like that. i don't know if you picked that up in her comments. >> yes. as it stands right at this second, no-deal brexit on april 12th is still the default position. connell: which some people say would be an economic disaster. >> conservatives say we will survive a no-deal brexit. we will operate under wto rules and eventually, we will be better for britain. but there's been a lot of scaremongering put out there if the country drops out with no deal, no medicine, no food, planes don't take off, trains don't run and all the rest. connell: what about that? judging what you hear lately from people, you spoke -- >> yeah, i think that's very much there's been a lot of first-hand reporting, the bbc, sky news, they have asked what are you most worried about. exactly that, medicine and food shortages. we do know for our own administration, president trump has said, kind of implied what's the big deal. well, we will work out a new trade agreement with you. we're not sure europe will be so patient especially after all this. yeah, macron's comments have

been really clear. >> although the rest of the eu says come on, give them another chance. if they think they can get there, the french will fall in line with everyone else. connell: famous last words. >> literally, paris is burning. connell: what a mess. boy. it makes us feel better about ourselves. >> think congress is bad? connell: take a look at these guys. order! got to laugh. thank you, deirdre, ashley. back to health care in a moment. the president here in the united states obviously has made that a big issue but the signal that is most recently coming from the white house is that there won't be a vote on it in the congress until after the election in 2020. so is that the right move? does it help or hurt republicans? we have a debate straight ahead.

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connell: we haven't talked a ton about china today, so let's change that as we do have a new round of trade talks with china

that kick off tomorrow. edward lawrence as usual is covering all of that. he joins us from washington. what can we expect, edward? reporter: good afternoon. yeah, the chinese trade delegation in d.c. right now actually. tomorrow starts those face-to-face meetings between vice premier liu he and u.s. trade representative robert lighthizer. the chinese prepared to stay this entire week for talks. their schedule is entirely dedicated to try to work out a deal if possible. today, u.s. chamber of commerce officials say they were at a point where a trade agreement with china is more likely to go forward than collapse. u.s. chamber president adds that once a deal happens, tariffs should be normalized or removed. >> you've got a great trade negotiating team. when we get to the right place, get rid of those. reporter: we are seeing some movement on the chinese side. last week, the chinese government approved the request for jpmorgan to open a majority-owned brokerage firm in china. a landmark that china is allowing a company to be majority owned by u.s. firms.

still, though, forcing the partnership. the chinese over the weekend also announced retaliation tariffs on imported cars would continue to be suspended. as a good will gesture. the country still taxes american cars at 15%. the retaliation tariff made it 40%. historically, china imposes a 25% tariff compared to the u.s. tariff of just 2.5% on all imports. this is all going to be part of the talks this week. connell? connell: we will watch it. still waiting for a timetable when this whole thing wraps up. by the way, there's no signal on that, right? reporter: no, exactly. the chinese would like to see it done in april. the u.s. would like to see it done last month. they are trying to get -- inch closer to that deal. again, you heard the president. he wants to make the right deal. otherwise we're not going to make one. connell: fair enough, edward lawrence, our man on trade in washington, thank you. the other thing today, the head of the imf, christine lagarde, called the global economy unsettled. to brandywine global portfolio

manager, jack mcintyre. it's kind of like we used to say there were two issues, china trade and the fed and now everybody seems to think don't worry about the fed, but we still, we don't have this issue, it's not just china, maybe it's europe and other things, but trade is still kind of out there as uncertain, right? >> yeah. you're right. as long as we haven't got a deal between the two largest economies on the planet, yeah, there's going to be some uncertainty. i just would discount a little bit about the imf. they tend to be a little late to the game. i think this would have been relevant q4. we saw what happened with risk assets based on the fed and trade tensions. i think the equity market is kind of telling us that hey, we're moving the ball forward on u.s./china trade and we know the fed is on hold. connell: you really feel like there's kind of a sea change sentiment-wise? that is the talk -- you do, the last couple days, hey, we kind of overdid it when we were talking about recession and

slowdown so much, right? >> i do. i don't see a recession. hey, the imf, their best case scenario is they don't see recession. 3.5% global growth is not bad. i think the fed, you know, they realize that the u.s. is not this economic island that when the u.s., when the global economy slows, they slow down. they picked up on that. rates are lower. you are going to see housing actually do better. yeah, i'm not saying we are off to the races from a growth standpoint in the u.s. but i don't see recession. connell: what do you think of the stock market this year? kind of taking a break today but we have been hovering right around the highs for the year. it's been a really nice run. what do you make of the market? >> it is. when i'm looking at the equity market this year, you got to kind of look at it relative to q4, too. we have had a lot of volatility. we haven't gone a lot of places. i think -- i think equities are still going to do okay. i think we are going to kind of tread some water here. it's interesting, bond yields are lower and they're telling us hey, don't worry about inflation, yet equities are

doing well. [ speaking simultaneously ] connell: the bond yields, you think they just about bottomed or? >> maybe in the short run. i don't think they will go much of anywhere. i don't see inflation, if i don't see inflation, bond yields don't have a reason to, you know, move significantly higher. same with the growth as we talked about. i don't see yields moving tremendously lower, either. connell: okay. fair enough. good read on things from jack mcintyre. thank you. good to see you today. we are going to get back to some of the politics but it's still a money story, at least today. we have new figures coming in about the man on the screen, bernie sanders. boy, he can raise some money. no matter what you think of him. $18 million in the first quarter raised. i think he already had 10. he's got $28 million on hand. what does that mean for the race in 2020 and for the presumed front-runner who has been having his issues this week? joe biden. we are talking about that. we are also waiting for the president. he's meeting with the nato secretary general at the white

house. we have a close-up shot of a door for you. we won't miss anything. we'll be right back.

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that's why i go beyond the numbers. ♪ connell: president trump has now signaled that a health care vote if he has his way would come after the election in 2020. so a lot of people have been saying that's fine but the gop still needs a health care plan in order to run on something in that election. republican strategist and pollster john thomas joins us. democratic strategist capri cafaro as well. yes, everyone concedes if you are going to run you do need a plan but first of all, it's a political strategy, what did you make of the president kind of pushing this off at least for a vote until after the election? that makes sense? seems like a lot of republicans were relieved by that. what was your take? >> i think it's smart. it recognizes two things. first is health care is a top three issue, arguably top two issue in almost every single voter's mind, both in the

midterms and going into 2020. so it's something the president has to continue to speak to, but also, it would be a fool's errand to try to push a vote now given the balance of power. the democrats' version of the health care is universal care which is diametrically opposed to the republicans' plan. it fits into the president's broader frame which is the democrats want socialism, broader government control of our lives, and republicans want more choices and more economic opportunity. connell: which i assume is why he wants to at least bring it up, capri, because before that, a lot of democrats are kind of licking their chops to say hey, this is our issue, why you bringing this up or maybe we shouldn't say anything, we like the fact you are bringing it up because democrats think and probably right that they won on it in 2018. >> in 2018. things have really changed since 2010, where the affordable care act or obamacare became a rallying cry for the republicans that were able to come in and change the balance of power. connell: but the president is probably like you have to, from his point of view, you can kind

of see this develop over the last couple days. you can't just ignore it. >> you certainly can't ignore it. one thing that is good for the democrats now is that the house democrats at least the leadership is on record with presenting a bill called protect our care. it is basically saying we can't literally disassemble obamacare, but medicare for all is also not the answer. i think it actually was really short-sighted for democratic presidential candidates to sign on for medicare for all because it's become this, you know, buzz of medicare for none, for example. connell: it opens them up, the socialism/capitalism argument and maybe it would be smart for democrats to have another angle. what about the republican angle, to the opening point we made, republicans do need a plan. that's always been the challenge here. not repealing but replacing. right? >> yeah. they do. and repealing is just one component. look, i think paul ryan really dropped the ball with never really coming forward with a comprehensive plan other than

repealing. i think they do have to, you are seeing president trump starting to hit on some of the hot button issues that he knows are popular like protecting pre-existing conditions -- >> which can't actually occur when you don't actually have the individual mandate because you have a risk pool that's not going to be able to do it. you will have skyrocketing premiums. >> you can, but i think the larger challenge you were just talking about is no matter what nancy pelosi or leadership says, the conversation's going to be driven by the democratic nominee. if all of the democratic nominees -- connell: we don't know who that will be. >> no idea who that is going to be. >> but if most of the leading pack are all for socialized medicine, that's -- >> i would suggest that we change that. i think free things sound great but i say as someone who was a state legislator, turn to the states. connell: it will be interesting, the way the democrats make that argument. there might be some points to be scored, by the way, if everyone is on one side. that said, i do want to get to

another topic, politics more broadly. you brought up speaker pelosi. she made some comments earlier today that are getting a lot of attention about the former vice president, joe biden, and the accusations he's now facing. she did say that they are not necessarily disqualifying that he could still run for president and she added this. here she is. >> i have known joe biden a long time. my grandchildren love joe biden. he's an affectionate person to children, to senior citizens, to everyone. that's just the way he is. he has to understand in the world that we're in now that people's space is important to them and what's important is how they receive it, not necessarily how you intended it. connell: all right. capri, your take on how the supper speaker is interpreting this and what this all means for the former vice president in terms of whether he runs. these accusations of inappropriate touching and kissing, at least the two

females we know about. >> i think speaker pelosi is right on. i have met vice president biden a number of times. he is a very animated individual. i have never gotten a weird vibe from him. i think this is not necessarily about joe biden's conduct but more about trying to paint joe biden through the lens of the current me too movement by those that are more progressive in the democratic party. connell: are you hinting at the fact there's the opponents, potential -- >> i think both on the democratic side and on the republican side, you saw kellyanne conway latch on to this but i think bernie's supporters and others are saying look, this is inappropriate, people are raising those concerns. connell: but her point is legit, that it's how people receive it. >> sure. absolutely. and maybe as italian-americans, we are animated. connell: when people are thinking differently about this -- >> right but this is more about trying to paint joe biden as somebody who is older and out of step with current day democratic

values. connell: whether or not he runs i guess is still an open question. most people seem to be assuming that he will. how do you see this playing out politically? >> well, look, i think joe biden is doomed, whether it's this, at worst it's creepy, at best he's dramatically out of touch which is not how you want to launch off with your presidential campaign. but beyond that, remember, the day he announces he's going to start apologizing because almost his entire -- connell: interesting point. not only about the apology but there's been kind of this thinking the day he announces might be his best day, even before all of this. he's so well known. >> his best and his worst. connell: i get it. yeah. >> he's hovering in the 27-ish percent in the polls. >> there are also 16 candidates in the race. connell: that's true. >> i think he only goes down from there. remember, he is a gaffe machine. he's won and lost many times before. connell: i don't know if that matters anymore. >> here's the question.

when he responds, because he hasn't had to respond to this sniffing issue, how many women is it okay to touch? how many seconds is the threshold to stick your nose in somebody's hair? >> that's not a conversation you want to have. connell: we are out of time. we will obviously talk about the race and what happens from here. john, thanks. capri, always good to see you. as we continue here in a moment, i mentioned a moment ago that we might hear from the president here shortly. remember the nato secretary general arriving at the white house and we will see whether the president has something to say there. about the border or anything else in the news. we'll be right back. eliver the news around here. sources say liberty mutual customizes your car insurance, so you only pay for what you need. over to you, logo. liberty. liberty. liberty. liberty. ♪

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but leaving with a deal is the best solution. so we will need a further extension of article 50, one that is as short as possible and which ends when we pass a deal. and we need to be clear what such an extension is for, to ensure we leave in a timely and orderly way. connell: there she is, the british prime minister theresa may a short time ago in london urging unity, requesting a short extension of brexit and also requesting a sit-down with the opposition leader, jeremy corbyn

on the whole thing, see if they can come up with something together. that's what's happening over there. we will keep an eye to see if anything develops out of what was apparently a more than eight and a half hour cabinet meeting. but president trump back here is sitting down right now to meet with the secretary general of nato in the oval office. moments ago, that was the secretary general walking in to the west wing of the white house. the former prime minister of norway, the nato secretary general, has been for the last four or five years. nato, by the way, turning 70 as an organization. tensions have been as high as you can imagine as president trump is demanding the nations of nato as he's put it over and over, pay their fair share. let's talk about it. former deputy national security adviser to vice president cheney, stephen yates, is our guest out of washington. i'm sure that's what, you know, not difficult to predict we will see today to some extent at least, this whole idea of 2% of

gdp for defense, right, that the president's been harping on for really since he took office. >> he has. for sure, that's been a strong push. from my point of view and i think a lot of similar thinkers, it's something that's been pushed by previous presidents and it needed a little more elbow grease. really, we have some long term challenges that this alliance has faced, not least of which is the mission that extended to afghanistan post-9/11, the president's got some ideas there that's relevant to what nato is thinking about but really, just the definition of what is this alliance and its purpose and how is it going to be funded. those are some pretty clear fundamentals and east and west europe don't even see eye-to-eye, much less u.s. and europe with trans-atlantic part of it. connell: whatever you think about how the president has handled things, he's pretty much gone about it, it sounds like, not to put words in your mouth, how you would pretty much agree with him putting pressure on nato members, again, to pay up.

there's the diplomatic risk that's associated with that, i suppose, on those other issues that you bring up. is that having an effect, the idea that we don't get along with these countries maybe as well as we did in the past, does it make afghanistan or something else all the more difficult? >> afghanistan mission has been difficult. we also have a number of nato members that participated in the war in iraq and as that coalition eroded over time, there was certainly tension in bilateral relationships between the united states and those partners. but this is just one of the challenges of our time. the election of donald trump this last cycle brought it to the fore but a lot of americans and people around the world, they wonder when are we supposed to send our troops to other countries, how long should they stay, what are the missions and when the missions aren't met, what's to become of these things. nato faces that challenge. its essential mission was a cold war mission. when the soviet union dissolved, it tried to morph over the last

several decades but we haven't seemed to settle on that sweet spot everyone agrees on. connell: the president gets a lot of criticism about how he's handled it. a lot of it comes from overseas, some from foreign policy types here as well. one of the things is you hear over and over again he says better things about vladimir putin than he does about nato countries, and that obviously kind of rubs them the wrong way, but has his overall approach worked? in other words, what type of progress do you think he's made here, or you know, are some of those critics right? what's your read? >> there's style versus substance debate that can always be had on these things. president obama had wonderful style points and yet we didn't really get greater definition of what nato's mission was over those eight years. connell: what did this president accomplish, getting them to pay a little more? >> he has forced that conversation. i think we made some head wind. i think we have had ambassadors in europe like rick grinell who put public pressure on topics like iran and other areas that

have been quite helpful for this discourse. but it's been a long time coming. so i think this is a gradual process and the president is pushing it in the right direction. whether we agree with the style or not. connell: right. all right. we will see if we get any comment out of the oval office as the two meet. i didn't see the president at the door to greet him. i don't know if there's anything -- do we read into any of that kind of stuff? years ago we would have. is that a snub today? he walked in by himself. the marine opened the door and there he went into the oval office or to the west wing. >> yeah. well, i would always consider it an honor to be welcomed by a marine. connell: true. >> you can read a little kremlinology about who shows up, what different ways. one of the first bits of advice i was given when i went into the white house is never suspect conspiracy, always suspect distraction or incompetence for the reason something happens. connell: okay. there you go. i learned something. good to see you. thanks for coming on today. in a moment, a college student has been murdered after thinking that a car was her uber. now her family is speaking out. we'll have that and more as we

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>> you guys have to travel together. you get into an uber, you don't know if it is an uber. you don't know anything about it. she had absolutely no chance, none. connell: what an awful story. that is the father of samantha joseph son. she was murdered after she mistakenly got into a car, thought it was an uber. the family is calling for safety measures to be put in place to protect other ride-sharing users. former las vegas police lieutenant is our guest. you talk about uber as company. sometimes you don't think about the risks associated with this type of thing which makes everybody's lives so much easier since companies like uber, lyft came along. i guess the first piece of

advice is a good one. tough go with other people. there are probably other things we should think about as well. what are they? >> for sure. first of all my deep, deep condolences to samantha's family and this horrible tragedy. uber, lyft, other ride-share programs they do have safeguards built in. some are readily identifiable. when you are, arranging for the ride you get a description of the car, you get the license plate number, you get the name of the driver. so situational awareness is really vital here. you're being given that intelligence information. so you want to be sure that you utilize it. but we get, you know, we get complacent and complacency in law enforcement, complacency kills and it is also true in other instances such as that. so you have that issue. but you know, let's keep in

mind, what was, the first thing that we were taught as children, don't except rides from strangers right? this is now part of society. you're now conditioned just the opposite. let's be, be realistic here, in this particular case this was not an uber driver. she was, samantha was vick typized by a -- victimized by a predator. n that instance it is not the same. however uber and lyft are not completely lily white and clean in this situation because, because they have had a number of their own drivers -- connell: in this case -- yeah, right. that is tough to protect against, it really is. >> it is. connell: that is on companies to do a better job of vetting n this particular case, seems like the campaign i heard from safety advocates would work. the what's your name, get the driver's name, make sure they

know your name, that alone could save a lot of people. >> you're absolutely right. that gives impetus to the person who is, who is getting the ride, to actually utilize the information that they are given on the, on the app when they get the ride. so what it is, just like an added push, if you will to, to make use of the safeguards. connell: right. >> and then, here is the other part of this though. in the event that, you get that feeling in the pit of your stomach, this is my advice. connell: okay,. >> we are given a certain instinct and sometimes we call the gut feeling -- connell: follow it. >> even if it is a legitimate ride -- connell: i heard people say that you're probably 100% right about that. randy, thank you so much. we have to wrap it up at the top hot hour. what an awful story. certainly worth talking about. comments to come possibly from the president.

nato secretary is inside of the white house. markets we're still down, nothing crazy but 105 points on the dow. see you with melissa at 4:00 eastern time. right now charles payne. charles: i'm charles payne this is "making money." stocks pulling back after this is typical consolidation. the fact that stocks are not lower i say is a bullish me message. profit warning from walgreens hitting the entire sector. this is reminder those names that miss could be punished severely. how should you prepare? that is coming up. president trump keeping up his threats to shut down the southern border as soon as this week and is now considering bringing on a border czar. rock star political panel will weigh in on that. any moment now president trump w