tv Cavuto Coast to Coast FOX Business April 17, 2019 12:00pm-2:00pm EDT
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sharp. the mueller report will be released at some point tomorrow morning. not sure exactly when. when it appears we'll break it down. you will see a lot of coverage of this. see it from us. see it from our point of view. more interesting. neil, it's yours. neil: stuart, thank you very, very much. take a peek at the corner of wall and broad. the dow jones industrials down 33 points. market weighing better-than-expected earnings, some worse than expected earnings and strength out of china. we'll pet to all of that. first to the border what is happening there. the acting homeland security secretary kevin mack kev mack. edward lawrence at the white house with more on that. hey, ed. reporter: acting homeland security secretary wants to see the crisis himself. president trump wants to stop the flow of illegal i am my
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operation coming across the border. the attorney general released a new rule, detainees asking for asylum, wait in detention on a judge's court date. that is a change. that ruling will be delayed 90 days to build more beds. homeland security advisory council report says they should establish thee to four processing centers on the border to house family units trying to cause. calls on congress to act, passing a bill that requiring that families see a judge within 30 days crossing the border for families there. that requires more money and more judges. acting homeland security secretary says quote, the unprecedented surge in unaccompanied family unit migration is overwhelming the ability to provide humanitarian aid in our immigration system. the reasonable changes proposed by the non-partisan panel would dramatically reduce immigration of family units from central america. what is happening a 600% increase last year of family units crossing the border.
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53,000 detained alone last month, overwhelming the system. because of over crowding undocumented immigrants are given a day to come back to the court. dropped off at the bus station. the family disappears into the country. >> it is unsafe for immigration agents. it is unsafe for our country. we, i always talk about as governor i had three jobs, economy, kids get good education, keep people safe. in this job, good economy, keeping people safe. keeping people safe we have to secure our border. reporter: on the border the mayor of yuma, arizona signed an emergency proclamation. it calls on a fema-like response from the u.s. federal government to help resources. they're saying it is disaster like immigration system, it's a disaster with the flow of illegal immigrants coming into their country. they need federal resources to help with that, what he is calling a disaster. back to you, neil. neil: thank you very much, edward lawrence.
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ed mentioned what is going on in yuma, arizona, former arizona governor side when she was governor eight years running state of arizona the cost just to deal with illegal immigrant issues was one, one 1/2 billion dollars each and every year. border patrol council vice president joins us right now. how bad is this getting? is it justified for the city to take the leap it has? >> it's extremely bad. over this week i've been in el paso and then last night we were down in yuma. we pot in early this morning. i can tell you the groups they're apprehending out there are pretty large and significant. it is a mix of children, women, adult males. what was surprising is, when el paso, we saw was a large amount of cubans that are entering the country. neil: you know, it is interesting because the administration separately is going after cuba as a means, not
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only going after cuba but also venezuela but what did you think of that sort of two-pronged approach? >> i mean something needs to be done, when we're seeing all people coming through. they're asking for asylum, the individuals that i specifically spoke to that i saw being apprehended, their reason for coming to the night was strictly monetary. they said they were here for a better job. many said they had jobs lined up in the united states. where is that considered political asylum? neil: i'm wondering where it goes? the administration already said, for quite sometime there is crisis or emergency at the border. jeh johnson, homeland security secretary under president obama said as much on this very show couple weeks ago. you have cory booker, running for president the democratic senator from new jersey pretty much saying the same. so people recognize what's happening but they have different ideas how to address it. is the wall the answer or is the
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president in need of sitting down with democrats and finding a quicker, more comprehensive solution? or is there even time for that? >> you know, i mean there is always time. i'm not going to say we'll sit here and wave the white nag, we would never do that but there is a lot of factors at play, there is a lot of issues we need. the president has been asking for the wall for quite some sometime. that is something very important. it is shameful it has taken this long for other people to started a mitting there is a problem. there has been a problem all along of the president has been aware of that. he is asking for a lot of issues to deal with it and fix it. the wall is a big thing. there is a lot of other factors also in play that need to be done. we're thankful at this point we have someone actually cares enough but he has been talking about it for quite some time. it is finally, some kind of a relief i hope is near when we're seeing other individuals that have been turning a blind eye are admitting there is a crisis and a problem.
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neil: art dell cueto, thank you very much. good to have you. apologize for that. we have the mueller report due out. we don't know the exact time it is due out. i do know this if you're andrew napolitano you're not going to take a snack break or bathroom break. on both fox networks to say nothing what is happening on "fox nation." we want to talk to him for good reason. he can put his stamp and impressions on it. judge, good to have you back. >> neil. neil: you and i were betting how much will be redacted. democrats seize on that. it was your impression, we got a lot of mails that half the report could be redacted. >> i'm familiar with the type of material he must redact. he doesn't have discretion. we know what that is. material gone to a grand jury that didn't indict. material reflecting a ongoing investigation. material, revelation which might
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adversely affect or reveal too much about national security. that is a tremendous amount of material in there. look, there's a principle -- neil: say it is 400 page report. that is 200 page. >> yes. quite frankly the more that is redacted, the more yelling and screaming you will hear, not just from democrats but from people who honestly believe, apolitical people they have the right to know. a federal judge will eventually get this. she will get it, jerry nadler, the chairman of house judiciary committee will subpoena it and attorney general will move to quash the subpoena. the house will move to hold the attorney general in contempt that will end up before a federal judge. one way or another a federal judge who has the authority under the law to override the rules that require the redactions that the attorney general's team has put on there will be asked to weigh and balance the privacy interests, the law enforcement interests, the intelligence community interests in keeping things secret versus the public's
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interest knowing what did mueller and his find out about first mr. and then president donald trump. neil: this is going to leak out anyway, isn't it? >> hard for me to believe that with all the people that have seen it already, by the way, bill barr to his credit has offered to share parts of the redactions with senator lindsey graham, chair of the senate judiciary committee and congressman nadler, chair of the house judiciary committee in the secret room where they can't bring any materials to copy it. the more people that look at it, greater chance it will come out. look if a member of congress gets it, that person can go to the floor of the senate and floor of the house to release it with impunity because of the speech and debate clause that lets them release any secret on noor of the house. senator feinstein did that 6,000 page report on torture, the president of the united states begged her not to release. she released it anyway.
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neil: we'll get out we'll find out what more is initially released tomorrow. there are issues that could embarass the president. there are issues that could embarass people at the white house, those who worked with the donald trump who had to talk to the mueller team because they had to talk to them. so they're in a tough position. >> there is 30 people that worked or work for the president in the west wing that were interviewed with the president's knowledge and consent by bob mueller. we don't know who they are. we don't know what they were asked we don't know what answers they behave. we don't know if we're going to find out tomorrow if that too is going to be blacked out. neil: what is the first thing you will look for? i know you're a speed reader decides, what is the first thing you look for? >> a dispute amongst fbi agents or prosecutors over whether or not there was enough evidence to charge the president with obstruction of justice. whatever that dispute was, it was so significant that bob mueller punted it to his boss, bill barr, who looked at it, i'm deciding there is not
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enough evidence but i can see there is a dispute. in order for there to be a dispute there must be some evidence that there was dispute. i don't think they rewill reveal it. they may reveal the legal arguments they went back and forth the legal evidence that those legal arguments they would redact. neil: there was nothing on obstruction of justice to implicate him, it is open-ended thing, each side will seize on that right? >> you know each side shouldn't seize on a conclusion. each side wants to seize on the actual evidence. but hear me out. let's say this is 400. we keep hearing between 3 and 400. at one point i thought it was seven. it looks like it will be around four. 400 pages is not evidence. it's a summary of evidence. the evidence, all the documents they gathered, all the documents they generated, more than 2 million documents.
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that's what democrats want in house of representatives. that is what they want to look at so they can second-guess these decisions not to prosecute. would i be shocked if they get that. the government never reveals the raw evidence. i would be shocked if that 400 page report unredacted is not revealed soon. neil: incredible. we're shipping a case of red bull to your fine offices. you deal with that tomorrow. >> i will see you before the sun comes up. neil: and everybody else. like jerry lewis at the end of telethon. quite a day for the judge. quite a day trying to assess damage in paris to what happened in the notre dame cathedral. what is remarkable, it never had insurance, no insurance at all. now what? after this. jardiance asks...
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reporter: welcome back to "cavuto: coast to coast." i'm gerri willis from the floor of the new york stock exchange. united healthcare is down after the ceo said "medicare for all" would destablize the health care system. he said it on a post earnings conference call. shares have been down since that time. the quote, inherent cost burden would have severe impact on the economy and jobs all without fundamentally increasing access to care.
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he told analysts meanwhile the company reporting strongly upbeat earnings tuesday morning. survey of analysts, traders, they agree wholeheartedly. united health and the rest of the sector struggling. last year's top-performing sector is now a dog looking gains from previous years. those from oppenheimer, suntrust, discounting the possibility of a government take over of health care but it were to happen result cost be catastrophic. shutting down 180 million who get coverage from their employers. alternative private insurers could transition to government sponsored insurers like medicare part-d. neil, back to you. neil: thank you, gerri. imagine if that were not in there would be better six bucks fall off today, we would probably be positive on the dow right now. anthem and cigna among those others feeling the heat.
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what suddenly happened with netflix restablizing after some knee-jerk initial negative reads to the report that came out late yesterday? a lot of people are back and forth on this. it has swung very wildly here. we got market watcher ben phillips on that, what he thinks of this, what is going on here? >> people looking at single quarter trying to extrapolate that out. what matters what netflix will earn in five years, not what they're earning this year. i think that is why there is so much debate an so tilt. q1 was in line as expected and q2 is light on guidance for the subscriber growth. that is really the big thing causing the questions. neil: it is still growing but not the at pace a lot of analysts, maybe smart folks like yourself was anticipating not only here in this country but globally. is that the concern? it is still growing better at a smart clip, 8 million plus but what's happening? >> i think international is okay actually. that was a little better than
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expected. q2 is the seasonal weak quarter, one of their seasonally weak quarters. so i think it is partially seasonal there. on short term i'm not sure. there is a lot of content out there so there is competition for viewers mind share or viewership share so i think that is really the big thing driving subscriber volatility. there is a lot of options out there. netflix is the premium providewer the best content. neil: right. i'm wondering show old netflix you could get a dvd in the mail, send it back, get new one, i'm wondering with all the new content rivalry, hulu, apple, disney with 6.99 a month streaming charge if you had all the services you would pay more than the cord you cut with cable? >> that is the debate. so much fragmentation delivered by digital content and delivery. the broadcasters are starting to embrace it a little bit.
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this is the wave of the future. spotify for tv is future probably of tv it will be on demand content. we're playing interesting way. we're buying local tv broadcasters because we think they're pretty insulated. neil: interesting. ben phillips. >> thank you. neil: we have charlie gasparino with us right now on these developments and charlie was telegraphing this instant marriage between t-mobile and sprint looked like a foregone conclusion charlie said then maybe not. there are bumpy patches along. what is happening? >> the problem is the report last night said it is essentially dead. there are several reports recently that doj is signaling to the sprint and t-mobile, barring major revisions of this deal it's over. they made this, made this announcement at a private meeting held earlier this month. i will say this, we always reported this thing is 50 shush 50. let me make the point.
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mach ham mack kahn. neil: there is antitrust issue. you have to investigate that. i want to say this. we're getting major pushback both from the company and from people close to the doj antitrust on last night's reports and recent reports said this thing, that the company has been told this thing is dead. that is not what we're getting either from the company who has been in the meetings or from people close to the doj antitrust. neil: neither side is giving up on it? >> they're saying that the review continues. clearly the staff of the doj antitrust is raising issues, how do you deal with the fact you have three carriers instead of four? what are the efficiencies if you put these two companies, sprint, t-mobile together you will achieving that you don't have to immediately raise prices, you know, if you do the deal. there is not an anti-competitive threat if you go from three to four. doj staff, antitrust staff is
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clearly investigating this, there is no doubt about that but basically from what i'm hearing and i'm getting this from people close to the deal both on the government side and the company side that this has been no definitive word, there has been no word given about the deal in its current structure. doj antitrust has not said what i understand, do x, y, z or this thing is dead. there continues to be a dialogue. if you play the stock, why does this matter, it's a 2billion dollar deal. it is one of the bigger telecom mergers. the company made the case if you combine t-mobile and sprint you have a better chance defeating foreign competition over superfast 5g technology which could add millions of jobs, hundreds of billions of dollars to the u.s. economy, if you have a strong, single carrier instead of two weak carriers in addition to at&t and verizon.
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that's, this, there is a lot at stake here. neil: more than telecom players. you have to include the cable guys and include that universe it is wider than that. >> right but this is all about 5g and dellrahim is open about the -- the lawmakers at white house want strong u.s. presence in 5g. they have been sold on the notion sprint-t-mobile would essentially be good for that going forward. the question to get over the anti-trusted hump. i want to make it clear i don't know if the deal will get approved. i know there is skepticism. neil: you know. you know. >> i would be a stock arb. i'm telling you deal, i'm getting this very strong pushback from people with knowledge of what the doj antitrust -- neil: emergence of china, all the press reports, that china will dominate the technology for a lot of this stuff scaring u.s.
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regulators and the like? >> yes and t-mobile and sprint made that case to the economic policymakers in the white house, larry kudlows of the world, also made it to the national security people inside of the white house and they believe that they have sole them on the idea. you do have to sell antitrust on the notion this is not anti-competitive when and i'm just saying that reports of the last couple days including last night that doj antitrust is basically saying no to the deal are wrong. i'm just telling you. this is still an open question. so when will we know about this? i would say a week, a few weeks, we'll know what this is coming out. from what i understand, getting it every place but the newspaper articles this thing is not done. neil: you're the man. charlie, thank you very, very ch. we're speaking about 5g. apple and qualcomm bury the
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neil: all right. we're just getting in to our news right now, the president saying he spoke to pope francis about the notre dame fire and said that he would offer help and our great experts on renovation and construction. of course, the vatican is technically in control of this cathedral and money behind it, being that it has been in paris now for the better part of eight centuries. the french government has been financially supporting this but depending on the occasion and the event, the vatican and paris split the cost. i know that seems a little weird but that's the way it has been done. i can tell you this though, and we'll get into this in just a bit, there is no backup of insurance in this mace. there is no insurance at all,
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property, casualty, over last eight 1/2 centuries through world wars and revolutions i remember on the front area of that structure they used to have the guillotines during the french revolution before it was boarded over and island it sits done today became the permanent location. that goes back aways. fox news senior foreign after first correspondent with the latest. hey, greg. reporter: hey, neil. sir, let's just give you a little bit of an idea as we're just about 300 yards in front of the, the notre dame cathedral. big crowds still showing up here. they're taking picktures, thinking, saying prayers, singing vigils, you name it. the feeling here, very deep. as we get more information, both about the fire, about the cause, and about the restoration efforts. let's first talk about the fire.
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we had a press conference from the fire brigade about an hour ago, it got a little better timing, a little bit alarming, also explains what happened. basically the first fire truck from the paris fire department didn't arrive to the scene for a half an hour. a couple of reasons for that. and the proper truck, that could handle this kind of fire, a big tall gantry truck didn't get there for another hour. imagine it. i think all of your viewers must have seen some of those videos. 90 minutes long this fire was raging before the fire department here could really get a handle on it. a big explanation how much damage there was, in the past day, two, we've been seeing more inspections of the structure. thankfully despite all the damage the actual build something structurally sound they think. the water seeped into the rock. the water seeped into the remaining wood structure.
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it will be several more days before they can decide whether it is stable or not. if it is stable, then the inspectors go in, something like 50 of them, try to figure out exactly what caused this fire. we're hearing new word that the renovation being done was the, was the root of it. there might have been a short-circuit involved with the workmen. i heard one comment from a neighbor of the notre dame saying that that person heard a pop before the fire, who knows. who knows what's happening. and that is the investigation that is going on. we've been telling, you've been telling your viewers about the great damage. we know most of the roof, at least 3/4 of the roof gone. the tallest part of notre dame, the spire in the back, that's gone. maybe as much as 2/3 of the woodwork inside gone. we were hearing spectacular stories saving a range of artifacts and artwork that were
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inside. finally to your point, neil, we're getting new information about costs, costs for restoration. remember we heard french president macron has night say he wants it done in five years. most people are thinking that is way too optimistic. they're talking more like 10, 15, or 20. as for the costs, i think you just mentioned, but again, good to mention, already a bill dollars have been contributed. lloyds of london, the very famous insurer, is quoted by reuters as saying they think the cost of the restoration at least to bring it back to what it looked like a couple days ago, could be $8 billion. and you're right, as you mentioned, neil, insurance, zero. this is all got to come from paris, from vatican, from donations, you name it. it is a big cost but somehow i think the money is going to be ponied up. back to you, neil. neil: if they raised upwards of a billion already, that is
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remarkable in of itself. that is largely coming from some well-heeled french companies and individuals. good for them. greg, great reporting as usual. greg palkot reporting from paris. on to that insurance issue, a lot of people raised their eyes, that can't be but it was and it is the case and more popular structures than you know. to antiques road show aappraiser sebastian krok on issues. thank you for coming. >> happy to be here. neil: were you surprised, you're the expert, something this big and august, been around this long, surely someone could keep up a policy on it but what do you think of it? >> in 1862 it was designated by historical monument. it was taken on by the nation of france. they self-insure their buildings. the challenge here that you can't insure things
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essentiallier replaceable. the companies working on the building, scaffolding they do have civil liability insurance that will be another issue we need to address. neil: by comparison it would be this is not exactly, you know, apples to apples here but it is like how we, through our government take care of presidential museums and libraries and the rest. while private fund are involved, government handles them for the most part. what happens now? you raise the cost of this, up to all individuals, companies, even apple, things they would be interested in doing this, who polices those funds and how is it done? >> well, i would hazard a guess it will be up to the french state to handle all of those funds and insure they're appropriated adequately and appropriately. i mean we're still days away, if not weeks or months from really discovering the full extent of the damage as we just heard in the reporting. we still don't know if the main structure is stable.
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this is still unfolding before our eyes. the image we're seeing on the screen right now is the pieta, it is magnificent to see that survived, that was relatively unscathed. neil: that was housed in the vatican for a while. a lot of pressure artwork move around. this has some smoke damage. that can be cleaned up. so that will be fine, right? >> that can be restored and cleaned up. that is important to note that actually much of the historical relics in notre dame were looted, sacked severely damaged during the french revolution in the 1790s. what they had in there, they were able to save. serendipitously the 12 copper statues were removed off the spire just a week before the fire. neil: wow. sebastian. learn a lot listening to you. sebastian clock, pbs antiques road show, so much more. he and i were discussing here, a separate issue we're getting a
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news flash out of canada. the transport minister is requiring when the 737 max is put back in operation that it should include time on a flight simulator for all pilots, not only in canada but around the world. i think a lot of people are nodding their head in agreement. not a bad idea. we'll have more after this. ♪
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neil: all right. we still have some more initial public offerings with zoom and pinterest going public. lyft with the rocky post debut there is lot moved desty and reining hopes and expectations back in. lauren zimmerman joins "fbn:am." >> pinterest will trade tomorrow. priced on the new york stock exchange. neil: very good. >> lyft sets the tone here.
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when you go back to what happened with lyft, i remember the first expected price range started at $62. then it went up to 72. that was the ipo price. now it is at 58 and change. in 2 1/2 weeks it is down 22%. a host of issues with that company, particularly in the end, a lot of these investors, late investors hedge fund came in and were able to short the stock. that is one of the big issues but it has spooked the market. now pinterest is pricing and zoom, a videoconferencing company, zm, that is the ticker, that will trade on the nasdaq. zoom is a positive because, believe it or not this is a rare breed unicorn, it's a profitable unicorn, they're actually making money. neil: there is a concept. >> there is a concept. not only growing but doubling their revenue. there is lot of positivity about the zoom ipo. pinterest a lot of folks are on the fence.
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the negative is the low lowered the price range from 15 to $11 a share. they did have a net loss last year $63 million, they're able to shrink that they said don't characterize us as social media company. we're not the next stop. when you come to our site, look at pictures of cooking, fashion, decore you are motivated to buy something. they have 265 million users. neil: uber is the other way carb us schuss, right? we might never make money. that would saddle people why am i investing? >> there is that. in the filing we're expecting seven more unicorns to ipo this year. everyone has their sights set on uber. that valuation around $100 billion. neil: maybe lyft got ahead of its proverbial skis here. we'll see. lauren, thank you very, very much. also some news on china i want to pass along. they had some data out today. i don't know how reliable numbers are you get out of the chinese government.
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they claim in the first quarter they grew at 6.4% clip. that is always a concern whether these figures are reliable or remotely honest. be that as it may, on top of an eight 1/2 uptick in industrial production, a lot of people think maybe china is stablizing after some feared it would fall into recession or worse. let's get the read on all of this, former virginia governor and senator, george allen. governor, very good to have you. if china is doing okay, not as bad or free-falling into something worse, doesn't that change their posture in trade talks with us, they don't need us as much? >> neil, happy easter week to you and your family. neil: same here. >> there is no better way for americans and our country to demonstrate strength to china than reach an agreement with our most closest, important trading partners who buy 20% of what we
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make in the united states, that is canada and mexico by passing the u.s. mexico canada agreement. and i think that if we can get that done and it is very important, because it is important to literally millions of manufacturing workers across the country, farmers, ranchers, not to take into account ports, rail, truck, if we can do that to open up the number one market for u.s. goods is canada, number two is mexico. according to the national havings -- association of manufactures, canada and mexico purchase more in the u.s. than next 10 trading partners. so if we open up those markets -- neil: are you concerned we're taking our eye off the ball? >> no. this is the task at hand. very soon there will be a economic analysis, probably by the end of this week or early next week that will go to congress how important the u.s. mexico canada agreement is. that opens those markets,
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reduces terrorists. it will be beneficial to americans. that will be the template to go forward with china we're first of all, in our own neighborhood coming up with a good trade agreement that is modernized, that protects intellectual property, reduces barriers and so forth -- neil: do you trust the chinese? do you trust they will do it? >> no. i don't trust the chinese. that is why that agreement should have a template similar to what we'll have for canada and mexico because they steal our intellectual property, they force it to be revealed. they put all sorts of barriers to our access, whether our manufactured products or our agricultural produce and so forth and they, and they subsidize their own and they put in all sorts of unfair approaches. so what needs to be done with china is a rules-based approach that is enforceable. they ignore the referees in the way it is going for the last several decades.
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this president and this administration has got their attention and i think that if we, again, shore up north america, we need to do that first, then i think we can go forward confidentially, and with a template. and passing it on a bipartisan basis. that's absolutely essential that america is united. neil: a timeline, a measure that you can see for one year into it, two years into it, they're making good on the commitments. we shall see. >> if they don't you have to hold them to account which is not happening presently. we're having it use inartful approaches of tariffs which is getting their attention but it is best to have a bilateral agreement with china. again the most important thing this summer that congress acts on a bipartisan manner to pass the u.s. mexico canada agreement, for american jobs. >> good luck with that. >> why not? >> governor, always good seeing you. >> thank you, neil. neil: who would have thought the date would come when nasa would hook up with a private enterprise to help it out getting into the stars but what
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is considered a mutually beneficial agreement we're getting word that nasa and private space companies, jeff bezos' blue origin signed an treatment to do just, explore with commercial guaranty. we'll focus on going to moon, ultimately going to mars, exploring the heavens. they don't talk about financial figures what will be incurred by whom but nasa wants a little bit of help. jeff bezos and his blue star, blue origin have that and then some. we'll keep you posted. so with xfinity mobile
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neil: all right. nicolas maduro in venezuela is not leaving venezuela. he is not leaving the presidency of venezuela even though we have someone we think would make a far better president but that guy can't get anywhere near the state capitol or anywhere near any government building so what do you do at this point? well you put the pressure on venezuela's friends, more important to the point nicolas maduro's friends which include russia and cuba. the cuba connection putting pressure on cuba is the way the president likes to think will get venezuela to maybe change its ways. former state department advisor under president trump and bush 43 christian whiton joins
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us now. what do you think of this? >> as you point out the cubans have been a fundamental pillar for the maduro regime. it is important that the venezuelan army switch sides and support guaido. by some estimates they have begun to do that, the police, all that, you run into problem of cubans, perhaps 20,000 and more in venezuela, surrounding maduro, helping keep an eye on would-be opponents and people who might switch their loyalties. neil: i know president obama normalized relations with cuba. start doing business with one another, easier to get back and forth with the two countries what changes with the crackdown? >> the administration will begin enforcing the law as it pertains to cuba allows for lawsuits against companies, allow european companies to do this, frankly, you know, use property that was con confiscated after e revolution t creates a legal liability for them. it allows them to be denied
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visas. john bolton is going down to miami to give a speech about this and crackdown. it increases pressure overall. neil: that is maybe a leap to assume that cuba changes its behavior but what about its behavior towards venezuela? what would change there? >> i don't think actually helping change behavior, maybe they will, depriving it of resources. we're beyond the point hoping for better content or better performance and do everything we can to remove resources from these organizations. that is what the obama liberalization did. it didn't create liberalizing trend in cuban politics t gave more cash to the existing oppressive regime. by pulling away the crash you disable their capability to do bad things in the hemisphere. neil: when it comes to venezuela again, if you indulge me with nicolas maduro not going anywhere, we talked about a famous moment where john bolton written on a legal pad, 5000 troops in colombia, right next
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door, how likely is that? i mean what do you see next if none of this works? >> there are reports that the pentagon has been tasked with coming up with better options, more options to put pressure on the regime but the reports also indicate that the pentagon is hesitant to doing anything kinetic militarily. president trump is after all not an interventionist, but creating better plans, prepositioning forces to help with the evacuation of american citizens or humanitarian crisis which continues to spiral. these large outflows of refuse, some destined to the united states. those are the type of things. having the military present, sort of like someone outside of your living room on a nice pleasant day learing at you violently it focuses the mind a little bit. it may cause a change in behavior. neil: is it your sense that the president tim larly talked about trying to deal not with mexico where he is dissatisfied with
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progress, what is happening at the border, reconsidering aid we give to a lot of hat inamerican nations contributing to that, where do you see that going? >> i do think the administration may cut off aid, that may be appropriate the administration has a lot of constitutional latitude to inform policy to withhold aid even if congress appropriated it. this is supposed to cause economic improvement in cases where it heads in many cases central america. it hasn't done that. it actually causes more corruption. if you pour money into a corrupt system you get more corruption over time. cutting that back, having us not look quite such a sucker they're sending hoards of people who president points out not necessarily the finest to our borders, at the same time we're paying them, ending that practice. neil: good catching up with you. >> thanks, neil. neil: we're learning a woman who was a threat to schools in the
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about this woman, 18 years old, who apparently had a fascination with the columbine shooting that took place 20 years ago, and allegedly, intended to inflict some harm herself. she brought a pump action shotgun, ammunition. schools were in lockdown earlier this week, particularly yesterday, i should say. they didn't even open today. i misstated that before. they didn't even open in the columbine area. she's dead, a self-inflicted gunshot wound, we are told, but the threat has been lifted in the columbine area on what has to be a sad, tragic and tough anniversary, i believe formally on saturday. in the meantime, we are also learning the homeland security secretary kevin mcaleenan will be going to the border today, as the justice department is looking at new rules for those trying to seek asylum in this country. democrats are probing whether the president's moves are on the up and up or even legal. hillary vaughn has more.
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reporter: democrats are so troubled at the thought of the white house sending asylum seekers to their sanctuary city districts that they are launching an investigation, but the president saying today they should just come back from spring break and solve the immigration problem. the house democrats writing that they want the white house to hand over pretty much every written communication between dhs, the white house and i.c.e. discussing how to release illegal immigrants detained at the border, writing quote, not only does the administration lack the legal authority to transfer detainees in this manner, it is shocking that the president and senior administration officials are even considering manipulating release decisions for purely political reasons. now, the letter from leaders of the judiciary, oversight and homeland security committees calling the president's idea bizarre and unlawful, but trump adviser kellyanne conway saying last night this is just one idea of many and he got the idea from the democrats. >> the president has been listening very carefully to the mayors of some of these
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sanctuary cities saying for a long time they have open arms, open door policy, they obviously are for open borders, why doesn't it make sense to ask for the help of major cities who already have sanctuary policies in place? reporter: the house judiciary also probing a possible presidential pardon for acting dhs secretary kevin mcaleenan. the committee says it wants a list of names of every person that was in calexico, california on april 5th where the president was rumored to offer a pardon to dhs officials in exchange for shutting down the border and shutting out asylum seekers, writing a letter directly to mcaleenan, writing quote, president trump allegedly said he would pardon you if you ever went to jail for denying u.s. entry to migrants. these same reports also state the president personally directed dhs personnel to not let migrants into the country, stating tell them we don't have the capacity, if judges give you trouble, say sorry, judge, i can't do it, we don't have the room. now, house democrats say that offer is illegal and not how a
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presidential pardon is supposed to be used, but the president already denying that that pardon offer ever happened. neil? neil: thank you very, very much, hillary vaughn in washington. in the meantime, we are just a day away from the release of the mueller report. how much of that is redacted, we have no idea. judge napolitano was telling us half of it, which means 200 pages would be blacked out. when you have something that is blacked out or a lot of people concerned about hiding stuff. the politico congressional reporter and former senior adviser to senator patty murray, david brown and former chief of staff to senator mike lee. let's get a sense of where you see this going, because whatever this obsession is over this report, whether it's redacted, secreted away from those who want to know more, it does become a fixation where nothing else seems to be getting done. what do you think? >> yeah, i think the fixation is
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the problem, and the instant certainty is also the problem because it usually keeps us from getting to the truth. you have a lot of people already out today saying what is or isn't redacted and that we need to have hearings about this or that, and sadly, both sides are going to use this to raise a whole lot of money for a lot of political campaigns in the process. i think what we have to do is step back, let's see what's actually there, see what's redacted. the house oversight certainly has the right to hold hearings, to demand information. that's all good. but they should also remember that just because they can do something doesn't mean they should. they should learn some of the mistakes from the republicans during the obama administration, that endless investigations are not necessarily a good path to get back into control politically. neil: you know, i don't know how much will be redacted, i defer to people like the judge talking about it, a good deal could be. when you see that much blacked out in a report, you wonder boy, why did they black that out,
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right? it's going to feed conspiracy theories no matter what. >> yeah, that's exactly right. the democrats are already saying they are going to issue a subpoena as early as friday, and the two redactions they are particularly looking at are grand jury information, sensitive grand jury information, they say they have a right to see that, and third party information that might be redacted to protect individuals that aren't going to be charged in this but they want to protect those private citizens. so democrats are already gearing up for a fight here even before we have seen the redactions. i think on both sides of this, they are going to really seize on whatever they want out of the report. it's probably not going to change the president's poll numbers which haven't moved a lot. but we are going to see a congressional battle here. neil: you know, david, i'm wondering, i have been following closely the interviews nancy pelosi has been conducting in this country and abroad, and she has been sort of tempering down not only the impeachment talk but you know, let's focus on the kitchen table issues, even
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calling to task some of the more fiery left wing members in her party. i'm wondering if she sees something that either they don't or that she's worried that this is taking attention away from issues she believes are winnable for democrats. what do you think? >> i think there's the adage that democrats in congress, republicans included, can walk and chew gum at the same time. i think the speaker is right to acknowledge that congress can exercise its constitutional oversight responsibilities while at the same time advancing in the house, especially an agenda for the american people. i think the speaker is very focused on that. she has already begun to put that agenda in motion. as we head into 2020 that will be a critical part of this debate in the national conversation about whether or not this president deserves to be re-elected. neil: are you worried by that, though, whatever the focus is, i assume they can walk and chew gum at the same time, you would be surprised the number of cases i have seen where that is not the case, but assuming they can, that they don't and it's become such a fixation, among some, not all, you're quite right, that it
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does hurt their agenda and even their election chances? >> i don't think that's going to be the case. i think you will see that our 2020 candidates will be focused, laser focused on kitchen table issues. i look, again, back to 2018 and the reason the democrats were so successful in re-taking the house is because of almost singular focus on health care, for example, and on prescription drugs as well as on pre-existing conditions. so i think you will see that same rigor and discipline in terms of how candidates are focused on issues that matter but having said all of that, the american people are overwhelmingly in support of congress exercising its checks and balances to ensure that the president is held to the same rule of law standard that every other president in the past has been held to. the global strategy group came out with a survey in february of this year and it was an overwhelming number of americans who said yes to an oversight agenda. i do think that you can do both things and be very successful in that. neil: there are other polls that reveal other interesting findings, including one i think it was a cnn poll that showed 7
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out of 10 americans are more impressed with the recovery that's going on, two-thirds of those credit the president. i'm wondering if that is something the president will no doubt be pounding on not only in remarks he's going to talk about competitiveness later on today, but in general. >> yeah. i think you're right. i think the president is going to continue to say look, the economy's working, it is the economy, stupid, he will use that over and over, then i think he will also point -- i think david is right on, it's the rigors and the discipline that are going to be the real key for democrats, because if they do get so obsessed with it, then the president's going to say they are just trying to weaponize their power and the american people don't want that because the economy is working for them. i think that will ultimately be the message and it will be the test of nancy pelosi's leadership and the discipline of the senior folks in the democratic party to keep them in line and say hey, we don't have to do all of these things. far too many of these hearings aren't even hearings anymore. they are just opportunities for people to get a social media
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moment and kind of please their base and that's the test, the discipline, the rigors that we have to get to if we are ever going to have real conversations about those real kitchen table topics. neil: i wonder, to that point, i still subscribe to the view that bill clinton survived impeachment or something that could have been far worse because the economy was doing so well, the markets were doing so well. richard nixon didn't have quite the same backdrop and i'm wondering if that is what is fueling this republican confidence that they can absorb whatever body blows dprcome fro the release of this report because the bigger picture is good. what do you think? >> yeah. well, i absolutely agree with you. i think republicans are banking on the economy and the jobs pulling them through the 2020 election. what i will point out, they thought the same thing in 2018 but it was very difficult to stay on message when the president was pulling them into other debates including on immigration, on health care, and a lot of -- neil: he's all over the map.
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he's his own worst enemy. he should be up by 10 points right now but tweets his way to disaster. >> that's exactly right. when you hear from congressional republicans, that is one of their number one frustrations. they say if we can just stay on message, focus on the economy, on jobs, we will be okay. it's a matter of what the president is going to do. neil: we shall see. he's probably going to tweet on your comments just now, young lady. i warned you. thank you, guys, very, very much. in the meantime there is the issue of what's happening at the border. a rather dramatic move on the part of a border city in arizona declaring a state of emergency. we have more from yuma, arizona. reporter: neil, the attorney general even jumped in late last night, denying some migrants the ability to post bail and get released, but it only applies or does not apply, rather, to unaccompanied children or families with children, which of course is one of the problems. let me show you an example. just east of here yesterday, the border patrol apprehended 399
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migrants, largest single group ever. 238 of those were children. they arrived on buses from guatemala, cartels making a killing, $7,000 each. they are let off a few yards from the border, u.s. border, walk over where there's no fence to stop them to waiting border agents. the problem is there is no room at the inn here which of course, they know. the yuma border patrol processing center, capacity 420, are at 950 right now so have to release them somewhere. the greyhound station in phoenix complained. the streets of yuma, they are going to complain. the city helped to arrange to open this shelter. it is a storefront in a shopping mall. it was a salvation army store converted to a shelter. 60 people the first night three weeks ago, last night, 215. 100 more on the way. that prompted the mayor to make this declaration of a state of emergency, entitling the city to some state or federal aid, but basically they are complaining that listen, the burden is felt
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here, not in those cities far away where the migrants are headed. >> it's not -- it hasn't been of great effect because they are not a border town. they are not the ones that are being specifically inundated by this mass group of people. so it's kind of out of sight, out of mind. >> here is an eminent threat on having too many migrant releases into our community, it's above our capacity as a community to sustain. reporter: so a nonpartisan panel yesterday released some recommendations to solve this problem. number one, open three or four regional processing centers on the border, where the migrants will get shelter, medical screening and interviews. that would be in the first 24 hours that they are apprehended. secondly, change the asylum laws so they stay here until they see a judge. number three, you know, basically say that migrants must file their asylum claims at the port of entry and that the u.s.
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can send unaccompanied minors back to their home countries and finally, open a migrant processing center on the guatemala/mexico border, require them to get processed there, and make them stay in mexico if they don't. all this means that republicans need to get democrats to the table to have some kind of political solution. obviously the question what will be the price, something like daca, maybe amnesty, something like that. but moments ago, senator kamala harris of california kind of raised the ante. she issued a statement urging her colleagues on the appropriations committee, let me quote, to reduce or reject funding for additional beds in federal detention facilities so the message to a community like this is you're on your own. back to you. neil: thank you very, very much. two quick things to pass along before we go to break here. israel's president has formally nominated prime minister benjamin netanyahu as the candidate to form the next coalition government, as his fifth term begins. this was pretty much not in doubt that he would get the
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conservative parties together to rule israel for at least the next two years, and the president there essentially said go to it, form a government, and he is. in the meantime, the dow has turned positive. i notice a lot of the health care issues, united health care, has pared on losses that were very dramatic early on. the company expressed concern about medicare for all, the government getting involved and maybe hurting its profits going forward. that appears to be less of a concern right now. that slight improvement in united health care, enough to reverse what had been a loss in the dow into a nominal gain. more after this.
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neil: well, they were in the middle of opening arguments today, they were ready to go after each other, lawsuits back and forth, then all of a sudden they kissed and made up, all in the name of 5g, of course. of course we are looking at what happened between apple and qualcomm, they have been at each other's legal throats for years now. what happened? deirdre: that's exactly right. that had to be an exciting moment for everybody in the courtroom, the two sides reading those statements, then the settlement arriving. you're right, these companies were fighting basically for two years all over the globe, just
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suing each other. it just seemed to be dragging on in both companies. for qualcomm, it really took away a lot of their profits and a lot of the ways not only that they were able to do business with apple but it essentially called into question the basic business model that the company has. that's why we saw that 24% surge yesterday followed again by this 10% surge today because by most people's estimations this is even a surprise settlement. for apple, samsung had already been making in-roads with 5g and apple just wanted to be able to keep up. they couldn't quite match step for step until they somehow resolved this issue with qualcomm. apple could have tried to make its own chip, it would have been behind. it had been working with intel but intel was behind. it could have used huawei but as we know for political purposes, it's extraordinarily complicated at this juncture. so the easiest solution at least for apple seemed to be okay, even though we have been fighting with qualcomm for two
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years, it's just worth it to put it behind us. so three points just take-aways for investors we will show on the screen now. apple will make a payment to qualcomm for an undisclosed amount, we don't know, i have been digging, haven't found it yet. second point, the companies have reached this six-year licensing agreement which could in fact be extended for another two years. then the final qualcomm will now resupply parts to apple for multiple years, which just means as a consumer, you are going to be using qualcomm modems in your iphone. those are the three key take-away points. i took a look at the stock performance, 52 weeks, intel around 10%, apple 13%, so neck and neck, but with the past two days of gains for qualcomm, up 40% in the past 52 weeks, s&p 500 benchmark around seven. long story short, it seems like apple had a bunch of bad solutions to put this behind us and it picked the least bad. back to you.
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neil: but they had bigger goals here. money seems to be at the center of that. thank you. on friday, samsung's foldable phone debuts. here's the thing for those of you ready to spend the two grand. it sold out in preorders. apparently it's a big deal. digital trends mobile editor joins us right now. he has the phone with him. he also has armed guards with him as well. i think i'm going to take him. >> thanks for having me. neil: this is it folded up. can we see it? >> this is folded up. neil: when you open it up, because folded it's pretty thick. >> folded, it's pretty thick. opened up, it's sort of the thinness of a normal phone but you are getting a 7.3 inch screen, traditional phones, for example, like the galaxy s10 right now is about 6.1 inch screen. you are getting far more screen real estate.
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you can obviously use all your normal apps in this manner, for example, you can go chrome, and of course, you get much more space to just read everything, you can look at all your photos and it's just nicer to have that extra space but the real benefit of having this type of a phone, for example, if i go into slack, something that we use at work, now i want to use a different messaging app, say google maps, for example, now i want to -- now it goes into split screen mode and you can see there's enough space over here to see app content on two apps pretty easily and you can sort of adjust. neil: you can also see it in a landscape manner? >> you can see it in landscape but it still sticks in split screen format. neil: know what i find kind of weird? the crease in the middle, vertically. does that bug you? >> the crease is a common complaint or concern people have with foldable phones. this being one of the first from
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a major company, they thought maybe it wouldn't be there. but it's sort of there right out of the box. as soon as you get it. neil: do you just forget it? >> it's noticeable, it can be a little distracting. it's more prominent when you are walking outside because the sun sort of glares on the crease a little more and lets those edges sort of be more visible. neil: when you have it, when folded up, you don't mind folding it up again, it's a very thick phone. >> yeah. like i have been telling people, for me, it sort of fits in my pocket but i often have large pockets because i'm a tall guy. i'm sure women, for example, who have limited pocket space might have to use a bag for this. neil: could you use that, what we're looking at, as your phone when you don't have time or room to open it up? >> say it again? neil: can you use it in that -- >> this is a 4.6 inch screen. you are getting something probably most people aren't used to anymore because phones aren't this size, so it's a traditional
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android home screen, exactly the same as when you open it up exact of course, everything is just a lot smaller. neil: the camera is the traditional -- >> yes, the camera on the back is the same triple camera setup. there are actually six in total. if you want to take a selfie in this mode, you can, or in this mode, you can. just giving you options for different ways to -- neil: what justifies the $2,000? >> they have been working on this folding tech for ten or so years. it's just been something that everyone has sort of tried to bring to market and for the first time, we saw a chinese company come out with one a couple months ago but that's not sold in a lot of places. this is the first from a major manufacturer so being so new, this tech is very hard to do, it's not even -- it's like a polymer material. that's how they make that display fold like that. i think it's just that's the tech, that's the most important and there's also a dual cell battery, so there's a battery in
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each different mechanism that works as one. neil: how long is battery life? >> it's actually really, really good. i have been getting through more than a day of use. i haven't had any batteries out here or anything like that. i mean, everything sort of hits the mark. it's more whether you want to spend $2,000. neil: it does have to be fine-tuned a little bit, right? >> this is very much an early adopter first gen phone. it's completely fluid -- neil: may i? >> go ahead. neil: great seeing you. have a good day. it's a little heavy. >> heavy. beautiful, though. i also said it reminds me of phones of old like the nokia communicator. neil: it's a start, sort of like the opening salvo. is there a future for this, you think? >> yeah. i think they are working on multiple different foldable types, different form factors we will see. we know google, apple has a patent for foldable phone,
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motorola. i think everyone will start coming out with phones like this. neil: all right. julian has a lot of friends right now because people have been looking at this thing. thank you, julian. digital trends mobile editor. the dow barely budging on the day right now. but it does say something about our economy, particularly in this country, that people will happily fork over $2,000 for something like that just to say that they did. and they can. and they do. more after this. -driverless cars... -all ground personnel... ...or trips to mars. $4.95. 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. no matter what you trade, at fidelity everything we have, we've earned. we got no free pass. the unmistakable lexus is. lease the 2019 is 300 for $329 a month for 36 months. experience amazing at your lexus dealer.
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neil: all right. it would be better than $25 million pairing if it ever comes to pass but now t-mobile and sprint, that deal could be under pressure. charlie gasparino reporting sources close to him are telling him it's a 50/50 odd here. for awhile it looked like almost a slam-dunk, then it wasn't. now a lot of people are telling charlie that it could go either way. if it doesn't go the way these guys want, then what happens?
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we will keep on top of it, both issues under pressure right now. meanwhile, there could be a shakeup at the treasury. i'm not talking at the secretary level, talking about some of the people that report to him. blake burman has the very latest from the white house. hey, blake. reporter: hi, neil. you know monica crowley, once a contributor here at fox, she will be essentially the incoming spokesperson for the treasury department and treasury secretary steve mnuchin. that is expected to take place, i am told, most likely at the end of may. crowley in the early days of the administration dating back to the first days of the administration, almost joined as a strategic communications role for the national security council. that never happened, as accusations of possible plagiarism followed her, but in any event, fast forward the clock now two years later and crowley will be headed over to the treasury department, most likely next month. she will replace mun wsomeone ws
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a fox news contributor who then went to the treasury department. tony was essentially a right hand to steve mnuchin, treasury secretary, over the last couple years, even at one point being dispatched over here to the white house during the push for tax reform. he was essentially someone behind the messaging of tax reform trying to sell tax reform not only to the folks on capitol hill but all across the country. he's from the new york area so he will be headed home most likely back to his family at the end of may. toes are t those are the changes we expect. neil? neil: thank you very much, blake burman at the white house. he travels a lot. cory booker saying something jeh johnson just did, barack obama's former homeland security secretary, we've got a problem at the border. listen to this. >> we do have a problem at the southern border. democrats should not deny that. nations should have borders. borders should be respected.
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neil: okay. you know, he's the second prominent democrat to say as much. others have said, parsed their language, wasn't an emergency, a crisis, et cetera, but we have to do something there, but nothing gets done. what's the latest you're hearing? >> i think that you know, while the border situation, at least the awareness of it continues to increase. i don't know that that changes the politics of doing anything about it. you're hearing president trump talk about closing the southern border, democrats are continuing to talk about the family separation policy put in place by the trump administration. there's nowhere that's even approaching some kind of middle ground between the two parties. neil: you know, cory book er is nothing but an astute politician, running for president of the united states. he must be sensing it is maybe politically risky to just dismiss what's happening at the border given the fact that we
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had better than 100,000 trying to break into this country in the latest period and the fact that a lot of these facilities where they're housed are overflowing. he clearly wants to be ahead of that, and be distinct from some of his colleagues running for the white house that he sees that, right? >> right. right. so this is the way i think about it. republicans have been framing this as a security issue, as a crime issue, for months now, really. immigration has been a signature issue for president trump and it's along those lines, they are bringing drugs, they are bringing crime, this is bad for the country. but as we see in these reports, the families coming to the border, i think democrats are increasingly framing this as a humanitarian issue. but the truth is, the overlap between the two is that our system is not built to handle this number of families that are coming across, and some are children, and it's very backlogged and we don't have a good system for figuring out
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what to do with this mass migration. neil: all right. we will watch it but thank you very, very much. caitlin owens, axios reporter in washington. we are just learning a little more about the status of the u.s./china trade talks. this is coming to us from our friends at the "wall street journal." the two countries have tentatively scheduled first round of face-to-face meetings again at the ministerial or top cabinet level with negotiators aiming for a signing ceremony in late may or early june. u.s. trade representative robert lighthizer tentatively set to travel to beijing the week of april 29th. i don't know what the expectations were prior, but the talks are ongoing. the progress is still there, to hear it from the white house and treasury, and the trade administrator's office. full speed ahead, they hope. more after this.
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toyota warning they could do significant damage. jeff flock is hearing about that at the new york auto show. hey, jeff. reporter: i will get to that in a moment. first, i come to you from the forest. you know, the forest, the one that's just north of lower manhattan? it's actually the javitz center. this is the subaru exhibit where they unveiled the new outback. it sits atop what looks like a smoldering volcano in new york. speaking of hot, subaru, 88 straight months of sales increases. it's all about the suv at this show, not just this outback but take a look at this. toyota with an unveil of its highlander, that's a big seller for toyota, has been for some time but it needed a refresh. they got a whole new one out there that unveiled today. also, lincoln getting into the suv new unveil brigade. that was something called the corsair, smaller suv, the
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smallest lincoln has ever built, built here in the u.s. in kentucky. it's a focus on luxury and comfort and quiet and if you like matthew mcconaughey, get used to him. the folks at lincoln said he's going to do more commercials so get used to that. hyundai also with a new suv out, the smallest one they have ever made which is something called the venue. it will be less than $20,000. if you want a car even cheaper, not a car, the yaris, toyota yaris, was also unveiled today. that is going to be less than $20,000. that's a hatchback version of the sedan. you know, all of these cars competing against each other, particularly in the suv market, but one thing everybody agrees on, and that is tariffs under section 232 to the trade expansion act proposed by the president, who's got a report on his desk now or at least maybe in one of his drawers, would be
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a bad idea. bob carter saying it would be like pulling the pin on a grenade. i talked to tom doll, ceo of subaru, also about that, just after the unveil of this new outback. listen. >> if there are tariffs on parts and cars coming into the u.s., what does that do to you? >> well, if there are tariffs, hopefully we believe the president will make the right decision and he will relent on the tariffs under 232. there's also tariffs, as you know, under the usmca, if you have certain domestic content. we think we're in pretty good shape as far as those tariffs are concerned so that wouldn't really affect us. reporter: tom doll as well as others along with gm saying they support usmca, they hope that gets ratified, they are fine with that. tariffs under 232, man, that would get messy, they say. latest from the forest. neil: to put it mildly. thank you, jeff, very, very much. jeff flock here in new york. don't see that very often. speaking of new york, they have this idea to cut down on
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traffic in the city and raise money at the same time, a congestion tax. you drive at a certain time on popular travel routes, for example like the one right outside this building, they are going to charge you more. it's going to cost you a lot more, depending when you want to come in and all that, when you're driving, you will pay through the nose just to get into this city from outside, whether you are in new jersey or any of the outer boroughs. it costs an army a and a leg. terry jeffrey says the goal is to force people from creating much traffic but he suspects maybe from not driving at all. what do you make of this? >> well, you know, you remember back when barack obama just came in, he are ray la hood who had been secretary of transportation, as soon as he got in, he said he wanted to coerce people out of their cars, coerce was his actual word, and
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he had this initiative he put forward where he looked at portland, oregon as the model of the way america ought to be. portland is a city where they drew an urban growth boundary around it and wanted to force people into dense developments, limit the number of parking spaces, try and force people out of their cars into public transit. i do know in this new york congestion tax, the idea of the tax is going to go for repairs on the subway system. so it's really a transfer of wealth from americans who drive their own cars that they own and they paid for and they get taxed for, it's a transfer from them to people who ride the government's mass transit system. neil: it's interesting, a lot of people who go into the city, new york city, get in very, very early before 5:00 a.m. every day and one of the things i realized, namely to beat the traffic, because if you don't, it's triple the time. i can understand from that vantage point.
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but i wonder how far this goes. mayor bloomberg has tried to address this in the past. mayor de blasio. they can't seem to get a handle on it. >> yeah, well, if i were from new york city, which obviously i'm not, i would be very much against this. i hope it is thwarted and i do believe if it goes forward, it is a precursor to a fight i think that's going to get bigger and bigger in the future. i believe that the american character was formed in big part by freedom of movement. frederick jackson turner, the great historian from wisconsin, wrote a great book about the significance of the frontier in american history. that was his idea, that americans came across the atlantic, they moved west over the appalachians, they owned land, they were self-sufficient, they were family-oriented and moved where and when they wanted to. without the government telling them what to do. neil: yeah, but they didn't have to deal with new york's times square. right?
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>> excuse me now? neil: they didn't have to deal with times square. they didn't have to deal with the traffic. >> i agree. i think new york city is different, but, but i do believe the animus behind this, besides dealing with practical problems of congestion in manhattan itself is an ideology that doesn't want to see free movement of people in their own vehicles and would prefer them in government mass transit, and there's a lot of liberals out there who have written about this over the years, not just the republican ray la hood. it's a strategic aim for environmentalists to get people out of cars, get them out of owning large amounts of property. the idea of folks moving to the suburbs, buying a half acre lot, having a nice home, owning two cars including an suv, having four kids and driving them to school and football games is not their vision. they would rather have you in a little tiny townhouse or hi
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highrise riding the metro or subway. i think the american spirit really is more in tune with private ownership, private cars and freedom of movement. neil: can you imagine all those rich people on park avenue? my good man, i will not take the subway. thank you very much. we have a lot more going on with nasa, blue origin, first time we have seen this august institution, hooking up with a private rocket maker, blue origin, jeff bezos's company. the two think they can conquer the heavens beginning with the moon, then mars. then if you are sick of traffic here, just hop on one of those and deal with it on mars. don't tell your mother. dad, it's fine. we have allstate. and with claimrateguard they won't raise your rates
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neil: all right. let's take a look at united health care. it had been down more earlier today. of course, it got walloped yesterday but because it has pared some of those losses, it's helped the dow, it's a key dow component, but it's been under enormous pressure here. not because of the earnings and revenues didn't meet estimates, in fact, they exceeded them, but worries that all this government talk, what might happen on the medicare front, the medicaid front, and of course this is something that's gotten to be a popular theme particularly among at least the more prominent democratic presidential candidates, including bernie
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sanders, who talks about medicare for all, and eventually just having that supersede private insurance companies. the "wall street journal" editorial page assistant editor, bestselling author james freeman on all of that. you and i were talking during the break that anthem, cigna, also selling off under this pressure in the health care sector. is it justified? >> well, i think one thing that both parties tend to agree on is that long-term, this isn't really sustainable to have a system where you don't force people in but you expect younger and healthier people to pay more than they otherwise would in a free market. so i think the trump administration obviously trying to offer cheaper alternatives to obamacare, being somewhat thwarted by the courts, and we're getting basically the grand debate now. trump offering more freedom of choice, bernie sanders saying it's got to be one system for
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everybody except for a privileged super-wealthy few who can buy their way out of the sanders care model. i don't know why he allows that escape hatch. maybe it's because he realizes he's now in that millionaire class. neil: right. right. >> but two very different visions for health care. neil: you know what's interesting, bret baier, martha maccallum town hall, when bret asked people in the audience how many of you have private health care, of course most of the hands went up, would you be leery, paraphrasing here, to give that up, and they were applauding, they would be open to that. that's far from a scientific sampling, lot of sanders supporters there, but i have always seen the health care debate as trying to address a problem that affects a small percentage of americans, and not the 150 million plus who have private health insurance and are by and large okay with it. what do you think of that? >> i think the point here, because you think about whether
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he understood it or not, president obama was misleading people saying you are going to keep your health care, you are going to keep your doctor. he was talking about just a few million people, not that their concerns aren't valid, but that huge political controversy was about changing the care for a few million people. the bernie sanders model is changing it for hundreds of millions of people, basically the entire country. workplace coverage goes away, private insurance goes away, medicare goes away. there's a reason he calls it medicare for all. he knows people like that idea. if medicare goes away, it's a new plan for everybody and i think the reason he's calling it medicare for all is he understands despite what that initial audience reaction was, that when you drill down and you ask people in polls, are you willing to accept the consequences, government management, no choice, rationing, et cetera, they don't like it. neil: we'll watch it. james freeman, the "wall street
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journal" associate editor, bestselling author. want to update you on some comments ivanka trump is making as she is visiting the ivory coast. apparently her father toyed with the idea of naming her the world bank chief. that job ultimately went to david malpass. she was saying her father raised the job with her as a question. she told him she was happy with the work she was already doing and david malpass got the job. more after this. am car. it turns out, they want me to start next month. she can stay with you to finish her senior year. things will be tight but, we can make this work. ♪ now... grandpa, what about your dream car? this is my dream now.
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brighthouse financial. build for what's ahead℠ neil: all right. welcome back, everybody. before i hand this off to charles payne i want to let you know pinterest is targeting $19 a share for the initial public offering. that is slightly higher range that others have been expecting here since the lyft, i wouldn't call it debacle but bumpy ride from the offering. it slipped from the offering price but pinterest is looking at 19 bucks a share. they were talking about 17, that neck of the woods. if this holds slightly above range but not crazy above range. charles payne, to you, my friend. charles: thank you very much, neil. we'll have that breaking news and a lot more folks. good afternoon, i'm charles payne. this is "making money." breaking now stocks searching for direction as we await word and clarity from the federal reserve on the state of the u.s.
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economy. here are the big questions, right? are consumers tapped out? are businesses investing and is the economy slipping into recession or we bouncing back from recent weakness. let's go to jennifer schoenberger with the news. jennifer. reporter: economic growth didn't exactly snap back coming out of the first quarter into the second quarter but it certainly didn't deteriorate either. anecdotal evidence across the federal reserve 12 bank districts showed. charles this ho-hum pace of economic growth is to persist. businesses seeing economic outlook in terms of the current pace of growth going forward. perhaps the silver lining in this report, even though we've seen softer reports on manufacturing activity, manufacturers reporting a modest increase in activity in march and early april, with the exception of boston and cleveland, most districts reporting a pickup in particular, st. louis, atlanta, po
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