awful lot of volatility the last 18 months. [closing bell rings] cheryl: investors looking good. especially for the dow. only 81 point trading range for the dow. narrowest in 10 months that is it for me. over to "after the bell." connell: transparency in health care that was the idea of president trump signing that executive order moments ago requiring health care providers, insurance companies to tell patients how much a service would cost before they get that service. we'll talk about that. into the close, stocks with a mixed day as investors look for a break on the u.s. china trade talks ahead of the g20 later on in the week. the dow is higher, up by call it 11 points, still higher on the day. melissa: we'll take it. connell: we'll take it. s&p 500 and nasdaq ending in the red, not down a lot. s&p five, nasdaq 26. welcome back to me. i'm connell mcshane fresh off

the big trip from china. good to be back with you. melissa: we missed you. connell: you did? melissa: absolutely. looks like he doesn't believe me. we missed you very much. connell: glad to be back. melissa: i'm melissa francis. this is "after the bell." more on the big market movers first here is what is new this hour. president trump hitting tehran with new punishments following attacks u.s. drones and oil tankers in gulf of oman. the newest threat from iran. plus taxpayers on the hook for those who can't pay their bills. how senator bernie sanders plans to pay for his newest socialist proposal. waiting on the results from key toxicology tests as another american dies after visiting the dominican republic. we are live on the scene with an update on the fbi's investigation. i'm glad you weren't there. connell: crazy story. fox business, team coverage of all the day's top stories.

kristina partsinevelos is on the floor of the new york stock exchange for us today. blake burman as usual at the white house. deirdre bolton in our newsroom in new york. blake, you seem to be where the action is this afternoon, so take it away. reporter: busy day as always, connell. focus on sanctions against iran. president trump dialed up to the highest of levels against iran. the president signed an executive order in the oval office, announcing sanctions against the iran's supreme leader, ayatollah khamenei. extending the sanctions to the supreme leader's office and other military members inside of iran. here was commander-in-chief today. >> supreme leader of iran is one who is ultimately responsible for the hostile conduct of the regime, the assets of ayatollah khamenei and his office will not be spared from the sanctions. these measures represent a strong and proportionate response to iran's increasingly

provocative actions. reporter: last week president trump was skeptical downing of american drone was intentional. today though, the administration is not saying exactly what sanctions were for past iranian actions like attacks on oil tankers. what was specifically in response to the u.s. drone that was shot down. we got surprise appearance from the treasury secretary steve mnuchin in the briefing room. >> some of these were in the works. some of these are in addition. all of the above. reporter: the president signed an executive order aimed trying to create price transparency for health care patients that executive offered calls for the department of health and human services to propose a regulation to require hospitals to publicly post standard charge information within 60 days. within 90 days hhs needs to solicit comments on a proposal regarding expected out-of-pocket costs for items or services.

within 100 days, hhs needs to provide a report on who was impeding price transpair ran sy. the bottom line to help patients know what they're paying for. connell: thank you, blake burman. melissa: shah ghailani, and courtney brown. thank you both, guys for joining us. courtney, let me start with you, the market decided all the news was basically neutral, coming out eight points ahead. how do you think they sorted it? >> i think all investors and analysts i speak to say this market cares about two things. what is happening with the u.s. and china on trade front. second is what is going on with the fed. these things are inextricably linked. there will be a lot of attention later this week what happens when president trump is at the g20. there will be a lot of focus on

powell's speech tomorrow at the cfr. melissa: great analysis. shah, do you agree with that? >> oh, absolutely. markets will hang on a little bit of news coming out this week. we got a punch of different metrics. we got pce price deflator on friday from the fed, they watch in terms of inflation. if that throws a wrench into the market. we will watch with all eyes being on whether or not the president comes to some agreement, at least on the stand still when he is in china with the chinese. that is what the market really is focusing on right now. connell: no doubt. another story is this boeing development a new hurdle for boeing as more than 4737 national pilots are suing the company, calling unprecedented coverup on the planes. -- 400-737 pilots. reporter: they're not saying

where these pilots work for because of damages or threats of getting fired. they are known as pilot x. they say they're suffering from psychological impact of the two crashes which led to the boeing 737 grounding. you also in that class action statement, they could potentially be millions in damages. however they haven't put a monetary value on it. like you mentioned they said it was a coverup. they said the equipment was defective and dangerously designed and that boeing put profits ahead of safety. switching gears though, just within the last hour, we got news from the u.s. commerce department agreeing to wave a 10% tariff fee on aluminum for tesla. tesla put this request in back in april. they said that they want to waive the 10% tariffs on aluminum. they use a lot of aluminum. 10 million kilograms annually. the u.s. commerce department did conclude the united states does

not produce sufficient amount of specific aluminum for battery cells at the nevada gigafactory. tesla has a waiver for about a year now. back to you. connell: the stock up a couple dollars. kristina, thank you. melissa: lawmakers from both sides of the aisle want big tech companies like facebook and google to put a price on your data. deirdre bolton with the latest details. reporter: that is exactly right, melissa. democratic senator from virginia mark warner and republican senator josh mullally from missouri. that companies with more than 100 million users, provide the following. provide what data is collected, disclose how data was used for profit, provide users with a value, a dollar amount from their data, and allow users to delete the data collected easily. that is the word to underline there. the point of dashboard to increase transparency in the age

when tech firms use people's information to make billions in ad revenue. if the act passes users would receive a report every 90 days on the types of information collected by tech companies and now much in dollar point terms it is worth it to them. some analysts say our information, age, location, relationship status could be worth five dollars per month per user. other analysts say that is a low bar estimate. i reached out to facebook, google, twitter, amazon. three out of the four said no comment. facebook did get back to us saying we look forward to continuing conversations with the bill's sponsors. reached out to both senators. senator hawley deferred to senator warren, saying he is the creator of the bill. senator warner's office confirmed the senator spoke with several companies that would be affected. that is as much as i could get out of them. if you look, 52 weeks of those four stocks i mentioned only amazon is outperforming the

s&p 500. melissa. back to you. >> nice, deirdre, interesting. thank you. connell: talk about it with shah and courtney are still hear on the panel with us. you first this time, shah. a couple things here. number one, is it going to be the, to deirdre's point a little difficult to calculate what the value of someone's data is? follow-up, is it worth it to calculate that value? >> i don't know how difficult it would be. i would imagine the tech companies have the metrics. a big part of their business, part of how they drive their revenue. they will know where their bread is buttered for sure. it is important for us to know. in terms of getting anything out of it, how our data is used function of what it is worth to companies that use it so it is very important. connell: courtney, we always used to hear with social media, when twitter came out, all other companies came out oh, it is free. not exactly but you're paying with your data, which i guess this is all about. what do you make of it?

>> nothing is ever really free. we're paying them, giving them a ton of information. my colleague kim on "axios" on hbo, she asked senator warner the right question. i'm not quite sure how much this legislation in particular will move the needle. i mean i think why this matters there is this kind of growing bipartisanship on the hill that you know, there are both sides of the aisle are willing to go after these tech companies. i think that is the big picture why this matters. while this particular piece of legislation may or may not move the needle, i think down the line we'll see both sides of the aisle coming together on this issue. connell: times are changing. fair enough. shah, courtney, good to see you both. thanks a lot. melissa: more on the president's decision to hit iran with fresh economic sanctions. why our next guest says this is a good move by the administration. connell: steps to improve safety. we'll tell you what changes airports are making as commercial drones continue to

flood the skies. melissa: senator bernie sanders proposing to eliminate all student debt. sounds wonderful! how will he do it? you guessed it, with your money. dan henninger from "the wall street journal" joins us later with his take on this. >> the american people bailed out wall street. now it is team for wall street to come to the aid of the middle class of this country. ♪ fisher investments tailors portfolios to your goals and needs. some only call when they have something to sell. fisher calls regularly so you stay informed. and while some advisors are happy to earn commissions whether you do well or not. fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management.

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melissa: breaking news right now. iran's ambassador to the united nations slamming the latest u.s. sanctions saying tehran will not accept dialogue with the united states while it is under the threat of sanctions. joining us now to discuss is rebecca grant, a national security analyst. so i mean what do you think about that? do you think they had lunch planned over there at the u.n.? i am joking but in a serious sense, was there dialogue going on? wasn't that kind of the problem how we got to this point? >> exactly. that is party line. they said they don't want to talk to the u.s. they told the german foreign minister they really didn't want to talk either. that tells you, melissa, these sanctions are really hurting. this is a super, tough new round of sanctions. melissa: yeah. the president has said he want to talk. i heard other critics all around

the dial saying he wish they would lean more on diplomacy, less than on sanctions. the prime minister of japan was in tehran at the time when his tanker was attacked by mines. they were sending a clear message at that point. supposedly the prime minister was carrying a message the united states wanted to talk? do you think that was the case? what does any of that tell you? >> that is correct. they were very unkind. prime minister abe sadly made no progress with iran. what president trump is doing, leaning forward on all levers of power, maximum financial pressure, keeping the military presence up. he is also leaning on diplomacy. he says he will talk anytime. so that offer remains on the table but for now these new targeted sanctions are really having a strong i impact i thin. melissa: the latest ones, were these people not part of the sanctions before? when you talk about the higher

ups in the irgc or supreme leader himself, we had sanctions on so long, were they immune from them before? >> this is different. you're right there is a pile of sanctions on iran, some on for example, the quds force soleimani. what this new round did, it took five admirals, their boss, and the air force general in iran, who were responsible for the tanker hits and the shooting down of the drone and it hit directly at their finances an bank accounts n iran, their military, their diplomats they're in business, they are in construction, they sell weapons, kind of like the chinese. so you can hit their admirals and generals with financial sanctions and that is what this brilliant round from the treasury just did. melissa: why were they immune to that before? weren't people not supposed to be buying and selling arms with iranians before this? sounds like the things you outlined were things they weren't supposed to be able to do before? were they doing it as part of a deal with another country?

how was this still going on? >> what has been sanctioned before were a lot of companies and entities, but there may be various shell corporations so treasury really dug deep to find literally the finances of and bank accounts of named and targeted individuals. the administration has been ratcheting those up over the last year or so, hitting these particular officers who are responsible for the mischief and the dangerous air and naval activity. this is super new move. this goes directly to their personal financial status. that is what is new in the sanctions. melissa: the president's critics basically say he is responsible for all of these events. when he took away the iran nuclear deal that is when the sanctions were imposed, that is when the iranians started to react basically because they were angry that america walked away. they say he created a crisis now he wants credit for trying to solve. how do you respond to that? is that being rat criticism?

>> no. i see it a little bit differently. iran ramped up mischief starting in 2015 syria, saudi arabia, activities in yemen. long term support. they fought a very bloody war with iraq. this is what they do. part of their strategy. iran would like to believe it is president trump's fault. in fact he has shown a lot of military restraint. it is iran who is responsible for escalating the military actions in the gulf. i suspect they may go another step or two further. melissa: rebecca grant, thank you for your time. we appreciate it. >> thank you. connell: keeping hong kong off the agenda meantime. bejing said they won't let recent protests be brought up at all during the g20 discussions? can it be avoid the at world table. we'll talk about that. >> investigation continues in the dominican republic. the death toll continues to go up. rising to at least 12 americans. we're live in santa domingo with the very latest there. >> would you still be willing to

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connell: so china wants to dry a red line when it comes to hong kong. the foreign minister saying china would not allow protests in hong kong to be brought up at the g20 meeting this week. i did bring up the protests when i was in china last week. in an interview with a low come government official, the vice mayor of shenzhen, take a listen to how that went. >> we are confident in the hong kong governance that it is capable of maintaining the prosperity and stability as well as social order of the region. and our cooperation with hong kong is ongoing as usual. connell: all right. so will the protests actually be off the table at g20? edward lawrence joins us now. he is at the white house today but i believe getting set to

move over to that meeting in a few days in japan. so from people you speak to at least on the u.s. side, are they okay with that to keep the trade negotiations going not to talk about hong kong at all? >> i would not say okay, but if it was brought up, it would be brought up at the meeting with president trump and president xi xinping, not before. the administration is trying to get rid of obvious obstacles in the way of this meeting. in fact vice president mike pence was going to give a speech tonight about u.s.-china relations. the chinese were looking at tone of that speech getting in the way of the two world leaders meeting. that speech will not happen. it has been postponed. the chinese said they will not allow unrest or changes in the hong kong legal system to come up at the g20 summit. the minister of foreign affairs, says this is internal issue and does not concern any other country. >> translator: we will not allow the g20 to discuss the issue of

hong kong. the hong kong sar government has taken a series of measures to safeguard the fair justice of society and block loopholes in the legal system. we believe what they have done is completely necessary and the central government supports these measures. reporter: literally millions of people demonstrated in the streets of hong kong this month against the proposed change in a law that would allow suspects to be extradited to main mainland china for trial. the chee executive of hong kong suspended the bill. that was not enough for protesters. they would like the bill totally withdrawn. demonstrations are planned this week to get the world's attention as the g summit is going on in japan, call in question one country-two systems philosophy they're trying to work over there. connell. connell: they are sensitive to this in the central government in beijing. i think i mentioned this on the air last week.

international news networks, blatantly censoring information about hong kong. they knock it off the air if it is on bbc. >> foes even farther than that, connell. goes to social media. social media platforms on main mainland china saw no images of any protests going on there. it was blocked on the internet in main mainland china. they are trying to draw, as you mentioned that red line between the two. so people in china don't see what is going on in hong kong related to the protests. connell: really sensitive on there. real quick before we let you go. edward you're getting set to head over to the g20. seems like from both sides, maybe you're getting a different vibe a win here is to restart the talks, get talking again. nobody is expecting more than that. is that fair? >> it seems like that. the bar is set pretty low. look at chinese language, it has been hardening. they want the u.s. to come to the table with more concessions or conciliatory tone. u.s. wants china to add back in everything they took out of an

agreement already agreed to. so the lines are drawn pretty starkly in the sand but doesn't seem like there will be a lot of movement out of this. the win here that the meeting actually takes place. that talks will continue out of that. connell: edward, we'll talk to you at the weekend. edward lawrence. melissa. melissa: take a gander at this. incredible rare video, it is a giant squid, look at that! caught on camera in the deep sea, i'm super into this stuff. connell: i can tell. melissa: researchers say this is the first time it has been caught on camera, a giant squid in u.s. waters. that is the midnight zone, you can't see anything. bioluminescence illuminates the squid. 12 feet long. connell: do that sound again. that was weird and scary. melissa: i was trying to scare my children. connell: i didn't know you were big into this. melissa: oh, yeah.

connell: learn something new. debt-free on the taxpayer's dime. quite a transition. bernie sanders out with a plan to eliminate death in the u.s. but at what cost to the middle class, and everybody else. we'll talk about it. melissa: new demand for 2020. why a group of wealthy americans asking white house hopefuls to tax them more? what? dan henninger from "the wall street journal." connell: slurpee at your fingerprints. 7-eleven, taking a new service, lawn of everything from frozen drink, to battery charger, deliver it to a park or beach at anytime. what a world. melissa: i love that. ♪

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>> this proposal completely eliminates student debt in this country and ends the absurdity of sentencing and entire generation, the millenial generation to, a lifetime of debt for the crime of doing the right thing. connell: there he is, bernie sanders making his case for what he calls the student loan cancellation act. he says it will pay for itself with payments on financial transactions. dan henninger from "the wall street journal." pay for itself. i wonder if anybody did the math. i wonder if there is enough money coming from the

wall street fees. >> i haven't seen that at all. democrat are not working about doing the math anymore. connell: throw it out there. >> a trillion here, a trillion there. he is outbidding elizabeth warren. connell: yeah. >> she proposed a same thing, with cap of $50,000 per individual. the relevance that warren has been kind of moving past bernie in some of the polls. now bernie decides he has to up the ante some to compete with her. what he is competing with her getting way to her left. the question is, hard to even say this, how far left can bernie sanders get? connell: wow. >> this is hard socialism. forgive everybody's debt, free college tuition, forgiving private debt. a thing you can't really calculate but that is what he is putting out there to appeal as he says to people under 30 and to millenials. connell: maybe there is a kind of an interesting political story, a lot of people wrote off elizabeth warren. to your point she has shown

signs of life here. i guess that is the battle for the left of the democratic party, the far left? >> yeah. she is being, the far left, i think bernie sanders made a mistake couple weeks ago when he gave the speech in washington at george washington university, defending the idea he is a socialist, defending the idea of socialism but putting it so up front like that, i think it made a lot of people pull back. elizabeth sanders, the can he is she socialist. connell: warren. >> elizabeth warren, socialist, corporate reformer more than anything else. the big issue, connell, wednesday and thursday night. to what extent to all the candidates, maybe with the exception of joe biden, hickenlooper, john delaney, they feel they have to make moves to left-wing proposes and introduce them to a national audience. connell: bernie night one. she is night two. she will get some attention. >> up to this point, both these

candidates, "green new deal," national alizeed health care, "medicare for all," they always felt they have to make some acknowledgement in that election, more or less embrace it. now that bernie moved out here with free college tuition, total forgiveness for the debts how many will not sign on to it, say something that has to be done. connell: get your take on it. another story out there today, open letter from 19 billionaires, including one who sign 9 word anonymous, not his or her name, anonymous, urging 2020 hopefuls to hike taxes on richest 1/10 of the richest 1%. they say a wealth tax would be patriotic this is the likes of abigail disney. charles lon monger's daughter was on the list. george soros. take our money. i wonder if there is traction for this in 2020 no matter what? things like this become pop with people who don't have to pay. they say great.

now we see a few people have to pay, take it. >> i've been in favor of variation of their idea, if people want to pay more taxes -- connell: write a check. >> write a check. george soros wants to you pack it all in. connell: which he could do. >> could do it. the question what difference would it make? do you remember back in 2010 mark zuckerberg wrote a check for $100 million to the city of newark to help with the education system there. by and large, the mayor admitted it went up in smoke. connell: cory booker was the mayor then. >> one of his successors said they frittered it away. $100 million is a lot. why shouldn't we think the federal government wouldn't do the same thing all the billions in additional wealth taxes. that is the part i don't understand. why they think just giving it to washington rather than say, private charities, private foundations wouldn't do more good? connell: because we have a lot

of history. that is one of many examples. melissa. melissa: danger in the dominican republic, number of mysterious deaths among americans still rising. we'll talk to travel pulse founder mark murphy, what the suspicious issues could mean for the region and does he believe it's a safe destination for families? to your goals and needs. some only call when they have something to sell. fisher calls regularly so you stay informed. and while some advisors are happy to earn commissions whether you do well or not. fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management.

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connell: they are searching for answers to put it mildly. 12 american tourists now confirmed death in the dominican republic, with growing questions how the country is handling these mysterious tragedies. fox news correspondent jeff paul live in santa domingo with the latest there. jeff? reporter: the latest death reportedly involving a 56-year-old man who owns and operate ad pizzeria in new york. local officials say the man had some respiratory issues on the 11th of june. he then passed away a week later. all of this happening as one resort in the dr announced it is making changes. the hard rock hotel where two have died, it is removing all liquor dispensers from all rooms. bringing on board an american health facility to make sure its on site health clinic has u.s.

an international standards. we got a chance to sit down with the tourism minister here in the dr. he told us there is no mystery surrounding these deaths. we then ask him how would he respond if the investigation shows otherwise? >> >> translator: this is something really happened we'll act on it but let's not get the car in front of the horses. reporter: now the tourism minister says that there is simply again no mystery. that the story has been somewhat exaggerated but for the families who have lost loved ones, they say they're not buying this account. they still believe that everything is happening here is very suspicious. >> don't believe anything that the dominican is saying. keep pushing. we need to find answers. we need to find out what people are dying from. the dominican will not be honest with us. reporter: now the big thing that everybody is waiting for right now, both officials, families

who you heard from right there, toxicology tests involving three of the deaths have happened, we could get the results sometime in july. connell? connell: jeff paul live for us. melissa. melissa: july? hmmm. despite the rising death toll travel pulse founder mark murphy telling "after the bell" two weeks ago he would still travel to the dominican republic >> i was there in january. i would be go personally on a plane with my wife and kids go. there i know the destination this is too scattered to be some conspiracy. melissa: we wanted to check back in to see if anything has changed. mark murphy joins me now. mark, what do you think? >> i am booked for first week of august to go down to the l.a. ramada area. yeah, i will be heading down. i still think it is still fine. the guy in santa domingo, completely unrelated to a resort in punta. these are happening all over the

place. my opinion, if it wasn't the news coverage this would not be a story in terms of the people having a loved one die at age of 56 while down. there the gentleman owns a condo there. he goes down there a lot. melissa: what about the couple though? what about the couple? how can you have two people die together? >> that is one we spoke last week. that is what i said. the only one that raises questions. but we don't know until we get the toxicology. did they take something laced with fentanyl let's say in a drug? we have no idea. right now it is all conjecture. because the fbi and cdc are there on the ground, to me that is the key. let them come out tell us what is actually happening. >> you wouldn't wait until they're done? you wouldn't just stay away from the island? there are plenty of places to go wait until the fbi and cdc have findings and then go? >> that's a good question. the question because these things are happening down there, i bet if you wept around to various islands, countries around the world.

for instance, thailand. thailand a great safe destination been there many times. they had 33 deaths last year of american tourists okay? we're not talking about thailand, are we? we're talking about the dominican republic, caught fire because of these things happening in rapid succession. people had somebody die two years ago, three years ago, i think it is suspicious. that is stretching it a little bit in my opinion. melissa: what advice would you give then to the local government or the hotels to wrap their arms around this? even if it isn't fair it is still a huge story. people are talking about it. i was walking around in north carolina this week, people on the streets wondering why would anyone go there. they were having conversations among themselves. at very least they managed the pr of this very poorly. what would you tell them? >> if i was them, i was advising them, sit back, defer to the cdc, defer to the fbi, defer to the state department that has not changed their level of

warning. state department says level 2, than anybody sitting in charleston, south carolina now. there are neighborhoods here would be considered level 2. melissa: that is what they have been doing. that is what they have been doing and not working. saying nothing to see here? what about the hard rock? >> yes. i was going to mention that like what the hard rock is doing. they're taking suspicion out which is, the mini bar idea that somehow that is killing people even though this guy is in different hotel in santa domingo for instance, that is a smart move. we'll have u.s.-based health care overwhat we're doing on property. great stuff. proactive. don't be defensive. you have got the cdc, fbi, got the state department. they're saying yeah, state department is saying continue to go. that is what the state department is saying with level 2 warning. melissa: mark murphy. hope we talk to you before you

leave and when you come back. >> always ready. connell: keeping planes safe from drones. we'll talk coming up about how airports are attempting to protect passengers, tell you what you need to know before you get on your next flight. the trump administration considering requiring 5g equipment, all of it to be used here made outside of china. could this end upholding us back? we'll talk about that when we come back. ♪ back then, we checked our zero times a day. times change. eyes haven't. that's why there's ocuvite. screen light... sunlight... longer hours... eyes today are stressed! but ocuvite has vital nutrients to help protect them. ocuvite. eye nutrition for today. will transform not just the automobile,

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♪♪ ♪♪ ♪♪ >> the industry is a number of airports worldwide are dealing with unauthorized drones. the new company now says they can prevent the chaos. fox news is that san francisco international airport. reporter: it's the first rule

of drone ownership, no flying near airports. airports are installing counterpart technology like burglar alarms in the sky. >> even a lot of entered little small drone can hit an aircraft in closet to get on. reporter: drone enthusiast says road flyers put the public at risk. >> they are not reading up and make themselves informed about were safe to fly. reporter: errors irresponsible flyers are problem. they're using drones to disrupt operations. last december drones citing force the three day shutdown and left thousands of stranded passengers scrambling. in recent months is suspected or drone activity has grounded flights in the by, new zealand, israel and new york new jersey. and in 2017, a drone actually struck a plane in québec city

canada. no one was hurt but aviation says the threat of catastrophe warns tougher action by the faa. >> all i've seen from the faa is we are going to pass rules and regulations, it's not what we need. it's a technology to be able to do identify a drone and identify who debora is operating it. >> it is one of many tech logical companies. >> every company has multiple drone sightings in where we have installed we have to sightings a day, to illegal incursions a day per airport. >> just from us financial aspect there is $100,000 a minute. a big reason why antidrug technology is taking off at airports around the world. back to you. >> thank you.

>> siding cyber because 30 concerns with the triple ministration requiring all next-generation 5g cellular equipment used in the united states be designed to manufacture outside of china. a move that could force big companies to relocate major operations in order to service the u.s. let's begin david kennedy to talk about this. he is the founder and ceo of the company. david knows a lot about this kind of thing. with the knowledge, is this a smart move or overreaction? what is your take? >> there's a lot of major concern around 5g technology, specifically you look at this as a new technology that will run a large percentage of infrastructure whether that's running financial background and infrastructure there. 5g is really be looked upon as a way to have fast data transfer upon around the world. when it comes to huawei specifically having access and having different that technology

and the ability for the chinese government have a substantial amount of influence over the technology, potentially backdoors or being able to eavesdrop or survey, that's a huge concern for us and one we should be taking fiercely in a massive concern across the entire world not just in the united states. >> considering here, it would have more of a fact, while what his early band, those of the other companies in the skin, you brought up huawei, i was there plastic, i visited their headquarters, and what are their executive was talking, they are making the argument that they as a company to have access, they claim, to this data. in other words because they don't there's nothing to worry about, a short clip of that and will come back and you could explain on the technical side of the sister. >> all we do is provide the equipment that the carrier uses to allow you to communicate across the networks. and then were using various applications. even if we wanted the data that

transfers, we don't have access, that's when the carrier domain. >> as far as you understand it, is that true? >> not necessarily. what this goes into is the supply chain attack. can you intercept hardware or develop hardware in a way that masks what the technology is actually doing. even if you spelled this out to different companies in different communications around that, the hardware is being mean affection in china and that's why this went for expensive huawei to other manufacturers within the producer of china, can even inflate the actual hardware itself. their proven techniques, the united states has been busted by doing this as well intercepting hardware and sending out reaching certain facilities this is a concern when it comes to producing the hardware inside of china itself. >> nokia or ericsson, to european companies, there's no u.s. company making the silicon gear for better or for worse. for relying on european

companies were preventing huawei. they do have manufacturing in china and the general article this one, 45% of ericsson's manufacturing facility area in china and to present nokia. you do think there's a riskier quick. >> there absolutely is not just a risk for them, let for a lot of manufacturers of the parade iphones or apple, they are produced in china, and apple is a very good job when it comes to inserting the integrity of the hardware as its leaving the facility and apple. most of the manufacturers to have production occurring in china don't do a good of a job. you can help me too get that risk but something that we don't see very calmly apply consistent across the manufacturing space within china itself. >> this will slow us down i would think on the 5g rollout. so would like you would say that's worth it. >> the 5g rollout, and what were looking at from a technology perspective, the majority is

produced in china and produced from the hardware manufacturer perspective. it will blow the rollout down. but there are ways we can get faster to market without leveraging china. >> good enough. we will keep talking about that and good to have you on. >> here is a fun sneak peek, fox nation host for her new show, check it out. >> hey guys. you got your seat belt on? >> are you guys ready? all right. >> so your mom jesse to school in the morning usually? >> is it okay am driving you today? >> yeah that's fine. >> who's a better driver? >> i prefer not to say. [laughter] >> i think you could take your moms job? >> i want to be a soccer player.

>> yes she does drive, she's a good driver, you can cancel episode on fox nation today, check it out, we rode to work, i had noisy equipment phone said and i'm afraid to watch, they did not show a lot of it there. she dominates the whole thing. >> that will be good. thank you for joining us. >> "bulls & bears" start now. >> days away from the democratic debate in 2020 candidate rudy sanders is coming up swinging. sweeping new plants to wiping out $1.6 trillion in outstanding student loan debt for 45 million americans. wait till you see how he's going to pay for. this is "bulls & bears" and i'm christina and for david asman. joining me on the panel our all-star team, jonathan, and john layfield.

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