tv After the Bell FOX Business June 25, 2019 4:00pm-5:00pm EDT
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earnings and growth. growth in every metric we need. [closing bell rings] future of cybersecurity, z scaler, disney growth. liz: charlie gasparino, do i keep him or lose him? >> i like charlie. liz: fed, thanks so much. melissa: global tension weighing on wall street. all three averages weighing in the red with escalating uncertainty and escalating troubles with iran. dow 178 point near session lows. i'm melissa francis, tough day at the end. connell: not a great day at all. s&p 500, negative territory. third day in a row. nasdaq is down by 1 1/2%. we'll have a lot more on tom of these big market movers. here is what is new at this hour. ♪ democrats divided. house speaker nancy pelosi caught in the middle as the fight escalates over emergency
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funding for the humanitarian crisis at the borer. the white house threatening to veto and progressive democrats say the current bill doesn't go far enough. we'll have the latest on a state of play. on the eve of the first democratic debate, 2020 hopefuls hitting the stump in florida, amid new concerns the campaign will soon turn into a bloodbath and ultimately weaken the candidate that challenges president trump. at the white house the president is threatening to use, quote, overwhelming force against iran as tehran declares a permanent end to diplomacy with the united states. melissa: we have fox business team coverage. jackie deangelis on the floor of new york stock exchange, blake burman at it white house and susan li is in the newsroom. let's start with blake. reporter: you have dueling comment today from president of iran and president trump. iran president hassan rouhani.
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he talked about the sanctions the president trump imposed on the iran supreme leader. called them outrage just and it i don't think tick. made it seem like talks won't happen soon. rouhani said, you tell us to negotiate with them. if you are truthful and negotiate, why do you sanction our foreign my minister at the same time. it is obvious you are lying. that caught president trump's attention he took to twitter, wiring fight back threatening obliteration. iran's ignorant and insults statement only shows they do nadarkhani reality. any attack by iran on everything american, melt which great and overwhelming force. in some areas, overwhelming will be mean obliteration. no more john kerry and president obama. president trump was asked about
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the tweet whether he was sending a message to iran. this is his response. >> there is no message. when the message is, if they're ready let us know. if they're ready, they will let us know, very simple. reporter: to negotiate? >> to do whatever. doesn't mean whatever they want to do. reporter: other news of the white house, keeping track of comings and goings, stephanie grisham will be the new press secretary and communications director. grisham held the communications direct or for the first lady. sarah sanders, who we know as the press secretary will leave at year's end. melissa: no shortage of news, blake burman, good for you. connell: president trump and chinese president xi xinping set to meet at the g20. that meeting will take place this saturday, reopening the trade talks. that seems to be the goal. senior trump administration officialing telling reuters the u.s. will not accept any tariff
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conditions. let's contrast that with my conversation last week in beijing, a senior official with china's ministry of commerce. listen. >> translator: if additional tear riffs remain in place even if an agreement is concluded what is the point of all these talks? connell: to our panel. gary kaltbaum, kaltbaum capital management. liz peek, foxnews.com and both are fox news contributors. gary, to you, what is the point of all of this? they want to get rid of tariffs as part of a deal. seems like the u.s. wants some in place as part of an enforcement mechanism. what gives? >> first off, connell, great interviews by you while in china. connell: thanks. >> terrific stuff. i'm hoping they you know promising and they will overdeliver because the rhetoric on both sides saying no deal, nothing will get done. china wants tariffs gone. we don't want to get rid of them. i must tell you if we come out
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of the g20 with no deal, start hear about months away, years away, by the way was a quote today, that is bad news for markets, bad news for anything getting tariffed. if we start escalating, nothing but trouble ahead. i hope i'm wrong. connell: seems like best-case scenario, liz. gary is right, it could be underpromise, overdeliver scenario. of both sides talk about they agree to keep talking. i wonder if that is advantage china? that would play into the theory they're trying to wait out this president, get past 2020. what do you think? >> maybe, reigniting conversations is a plus. right now we haven't even been talking to the chinese. what we need to see some fame plan, some time limited conversation to go forward. we bring up issues, 150 page memo the chinese supposedly a2003 to. they agreed to abide by that or
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accept that. i don't think anything definitive will come out of the g20 meetings. except i think there will be a plan forward. gary is right. we need to see that, on both sides, tremendous incentive to get this done. boeing sides are really faltering. melissa: stick around, guys. go ahead scroll up on the prompter. slow and steady, federal rechair jerome powell indicating the fed is still mulling what to do with interest rates over trade. our susan li attending powell's speech earlier today. she is live in the newsroom with details. break it down for us, melissa. >> we had jerome powell speaking from the council on foreign relations. he has been taking his from president trump and recent tweets. president trump says the fed has no touch, they are acting like a stubborn child when it comes to resistance cutting interest rates. it is interesting in the early prepared statement by the federal reserve chairman in a veiled, shall we say
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counterpoint to this says the fed is still an independent institution, we're insulated from short-term political pressures. for monetary policy, he says the fomc and his colleagues are grappling with uncertainties in the market but will act appropriately to backstop the american economy. uncertainties are china and business investment. listen how he quantifies how the trade tariffs might impact the u.s. economy. >> we've been hearing quite a bit about concerns about trade, uncertainty around trade really, all through the course of the last year-and-a-half. and those concerns heightened quite substantially, as of the last "beige book." >> yeah. you heard him there, jerome powell. and he says that business conditions really changed, sentiment really changed going back to may the 1st. that is when the rhetoric ratcheted up for u.s. china trade tariffs. but also interestingly enough, also asked about the new facebook cryptocurrency, how the federal reserve views libra.
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>> given the possible scale of it, i think that our expectations from a consumer protections standpoint, from a regulatory standpoint are going to be very, very high. >> there you go. wide scope for the federal reserve for enforcement. the market has 100% penciled in a rate cut for next month. back to you. melissa: wow, susan, thank you. connell: talk about microsoft. microsoft was a drag today on the dow. you see the stock down 3%. jackie deangelis more from the new york stock exchange. reporter: connell, that's right. microsoft was down 3% a loss leader on the dow, contributing to a 179-point loss today. comes from a report from jeffries. analyst saying valuation for microsoft is just too high, calling it materially overvalued and giving it an underperform rating. now the shares were up more than 30% this year. because of excitement around the cloud business.
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it is called azure for microsoft. this analyst from jeffries says web services could give it a run for its money. look at shares of amazon as well. amazon said today its prime day will run for whole days. as if one was not enough, it will be 48 hours. will start on monday, july 15th. amazon plans to unveil or just about, a million deals around the world. prime shoppers gear up for this every year. amazon certainly taking advantage staff buzz. back to you guys. connell: wow, that is a lot. , melissa. melissa: a new problem hoping to retain hourly employees an opportunity to earn extra month pay every year. employees in the stores must meet certain criteria to be eligible. gary, liz being back with us. i love stories. competitive labor market.
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companies are getting creative to cater to the kind of employees they want to keep. >> it is great news not because what they're doing but everybody that is going to follow. i think, you will see the dominoes continue to fall. we're seeing companies like starbucks with education and all kinds of companies doing things. disney is doing a bunch of things here also. more and more is better. i think all these companies are listening to bernie sanders and wanting to shut him up on the 15-dollar minimum wage. we'll take care of it ourselves and the market is working. i'm hoping those socialists stay to the sidelines and watch see how success becomes because of what these companies are doing. melissa: liz, they are so smart about incenting exact employees they want to keep. look at walmart, they're saying they will pay for s.a.t. courses, they will pay for online courses, i'm waiting for companies to come in and say, we'll help you pay down the student debt. really shut up bernie sanders. >> yeah. chipotle, don't forget, one of
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the companies in 2018 gave out 1000-dollar bonuses, passing along some benefit they got from the tax cuts. this is another step trying to retain and reward workers. i agree with gary, i mean i love to see these stories. what we've seen lately in wages is at the bottom end wage earners are seeing the biggest increases. that is very reaffirming of the benefit from a tight jobs market of the sort we have now. this is incredibly good news all around. melissa: absolutely. thanks, guys. connell: battle at the border is heating up. lawmakers on both sides of the aisle scrambling to find a solution. we're live coming up on capitol hill where things stand now. melissa: tensions rising between the united states and iran. president trump saying any attack by tehran on anything american will be met with great and overwhelming force. how this all could play out. connell: cracking down on robocalls. ftc unveiling a new plan to stop a billion of those pesky calls.
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connell: it is a standoff in washington. democrats are at standoff on passing 4.1 billion border bill. hillary vaughn all over this on capitol hill, and joins us now. what is the latest, hillary? reporter: house democrats are trying to beat the clock so they can pass their own version of border aid bill, so they don't get stuck with the senate's bipartisan bill, if they want to pass something before the 4th of july recess. gop leader kevin mccarthy is blasting house speaker nancy pelosi, saying the house should have approved that the senate already passed. >> calling on the speaker not to play politics, to take the senate bill and that can become law, that will help the humanitarian aid along this border. do not let us leave this week, do not wait until thursday to say it is too late. she has waited 56 days to run
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out of clock. this is not a time to play politics. reporter: house majority leader steny hoyer saying he thinks they do have the support to pass this bill through. they need 217 votes in favor but some democrats could defect. there is a concern that could happen after late-night drama on capitol hill in speaker pelosi's office between left-wing democrats and some latino lawmakers who don't think pelosi's bill go far enough but she pushed people this morning in her own party to speak up now if they have problems or to essentially forever hold their peace because she does want to get this bill through. she said, if you vote against the bill she is putting forward it, would be a vote for president trump's administration and immigration policy. senate minority leader chuck schumer said he actually thinks the house bill is better than what the senate passed. >> there are many of us who prefer the house bill to the senate bill. we're not in the majority. we do have a lot of good things
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in the senate bill. we got to get some aid to them as soon as we can. so hopefully the house rule passed i was told, 225 votes. hopefully the house will pass its bill. i would like to pass our bill. reporter: house democrats are still making tweaks to the bill. they probably won't even get to vote on the actual bill until late this evening. connell? connell: politics of the border. hillary thanks. melissa. melissa: joining us a former doj deputy public affairs director. thank you so much for joining us. tell me, first of all, you have experience within the department. from what they know do they need one of these bills to address the situations like the thing we've seen in el paso, texas, with the kids getting so much attention right now? you have immigrant children in terrible conditions? >> well they certainly need this bill. i mean they need money -- melissa: can they do something
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without it? >> do something without it. they will run out of funding once you get to mid-july. without the funding there is not much more they can do. they can continue to work with what they have. as we see that is not doing it. those people saying this is result of the trump administration's policies, that is not accurate. this is a result of the laws in place, these loopholes that are in place, plus the increased immigration from the northern triangle countries which are non-contiguous countries this is not someone coming from mexico 10 years ago you could literally bring them back. there are a set of laws in place, if you come over from one of the non-contiguous countries, we have to release, especially children into the interior. that is creating a magnet where they continue to come up here. melissa: let me ask you. i want to lean on your legal knowledge here? sure. melissa: for the situation in el paso, everyone is rightly up in arms about on both the left and the right, what legally could be done today to help that situation in terms of getting
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them the basic necessities that they need? i her folks on television say today, it is illegal for people to make donations. if they showed up at the door with diapers from the particular facility, they can't accept it. legally what are the possibilities to address that particular situation? >> there is really nothing at this point for the federal government to be able to do outside of the power of the purse from congress. they need funds from congress in order to do what they need to do. they can't spend funds that have not been allocated for humanitarian purposes or border purposes. it is simply not legal. melissa: what about the president, could he issue an executive order? if he flew down there what could he do? >> they are understaffed down there, getting more people taking them from legal points of entry, further strain customs and border patrol. further strine i.c.e. and homeland security. he can't say i i want to write a check down there, that all the
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folks will be paid and fly down there to take care of the situation. no. they need more funding in order to do it. they're doing the best they can. if you think how it works, can only stay in custom border patrol facility for 72 hours. tough move to the hhs facility. the problem all the hhs facility is tied up. you have people staying in border patrol facilities longer than legally supposed to. what can they do legally, they have to get around the laws in order to provide for those folks. melissa: president already tried this. could he declare an emergency? what would that change? >> it might free up some funds. i think obviously have to worry about litigation there because everything is political. i wouldn't be surprised you have seen it from left-wing of democrats out there, that don't want these funds released because they're afraid the president will use them for border security purposes. could he declare another national emergency? would it free up funds? that is a possibility but this stuff needs to be done now. given the challenges that may
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face, it might not be enough. melissa: from a strategic point of view though, wouldn't that be a smart thing to do in terms of, you have democrats howling about the conditions and saying that you know, i don't know what they want everyone to do to release these children into the interior. democrats suggest they place with families. i don't know how we would possibly know who the people are and that we weren't giving them to human traffickers. if the everyone called everyone's bluff, declared an emergency, went down there specifically to help these children, wouldn't that kind of set democrats back on their heels? >> yeah i think it would. i think he will wait for the process to play out. really kind of let the democrats overextend themselves, see how far out there they get. ilhan omar, alexandria ocasio-cortez, rashida tlaib, release a statement accusing i.c.e. and customs and border patrol criminal agencies focused on destroying children and families. that is not helpful for anyone.
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it will create problems to get this humanitarian relief down there. melissa: anyone who sits on their hands while there are children of any nationality suffering just is, you know, really causing themselves huge problems down the road there. there is no win in that for them. that just seems crazy. thank you for coming on. we appreciate your help. i hope you come back soon. >> thanks for having me. melissa: thank you. connell: we have a lot of fedex news. earnings are breaking which we'll give you. real interesting story, fedex slapping the u.s. commerce department with a lawsuit as the trump administration continues to target the chinese tech company huawei. the judge is coming in on that. andrew napolitano will join us what to make of all that. for those following my travel schedule. i'm getting ready to head to miami. melissa: what? you just got here? connell: you just got back and you're leaving me! they have the debate down there the next couple days. we'll talk about it in new york with doug schoen, former clinton pollster, what we can expect from the democratic debate.
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melissa: take a look at this. a fire broke out at carmax lot in bakersfield, california. look at that! damaging or completely destroying 86 vehicles. the fire department responded to a report of multiple brush fires along the highway. although the cause of the fire is still under investigation, carmax is expected to lose $2.1 million in damages. there were no reported injuries, thank goodness. connell: wow look at those cars. let's talk about fedex. fedex taking on the trade war, the shipping giant suing the commerce department on restrictions that are hurting. fed smith, the ceo is telling fox news about the increasing burden. >> increasing use of restrictions on exports and imports by the commerce
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department in various geopolitical and trade disputes creates just an impossible burden on fedex and common carriers because under the department of commerce's regulations we are expected to be policemen for these export and import controls. connell: here now is the judge, andrew napolitano. fox news senior just judicial analyst, host of "the liberty file" on "fox nation." interesting to listen to fred smith with bret baier last night. fedex, explain this to you if you can, it's a transportation company, not a law enforcement agency. >> fedex is what we call in the law a common carrier. it is generally under the law not responsible for what it is transports unless it is put on notice what it is transporting okay,. >> if you give them a box, says a stick of dynamite through, they are responsible. if you don't tell them there is
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dynamite in there they are not responsible for it. the regulation which he suing the commerce secretary who is his buddy as well as the department of commerce, puts them on notice they have to determine whether or not anything that they're shipping contains anything made by huawei. connell: or any other company on the banned entity list. huawei is not even mentioned but everyone is talking about huawei but -- >> huawei is the one they're talking about, the president articulated huawei, i think quite properly as a security risk. this is not a economics matter but a security matter. connell: the burden as fedex says the burden should be on the government then. >> correct. what fred smith is arguing in the complaint, i read it this morning they would have to do this by high-tech, open up every box, every computer, that will slow down to deliveries, add to the cost and transfer the burden of enforcing the government's foreign policy to a private entity which also implicates other statutory provisions.
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connell: have we ever seen anything like this before where the government would need, or deemed that it is necessary to do something like this maybe pay for it? what are the other options? >> if the government offered to pay for it, it would be negotiable. they can't say you will do it and we will reimburse you. they san tell the government to take a hike. as it passes through the customs and border that is time and place for the government to determine if there is something in there that violates the president's embargo. connell: i thought personally before i heard this i thought what was happening. >> i thought it as well. i think fred smith saw it as well because common carriers operate on the theory, to use my dynamite example, they're not responsible for what they transport unless they know about it. this regulation says you have a duty to know about it, a duty to know about it. that is a duty to go in the box, in the item that is inside of the box. and the government can't impose that duty without paying for it.
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connell: this is an easy win you see it sounds like for fedex. commerce basically said something to the effect of, we don't believe this regulation requires fedex to do what it is saying it requires it to do so. >> that is what the secretary said in response to fred smith's interview with our colleague bret baier last night but the regulation means what it says, not what the secretary says it means. so the court is going to interpret it. if they elevate foreign policy, that makes it very complex and more difficult for fedex to win. if it is just a commercial issue, i think fedex prevails. connell: these things are complicated. all the trade issues and -- >> in fairness to the government the fedex complaint was filed last night. the government has 30 days to answer it. we haven't heard the government's answer. we saw the email that the commerce secretary sent to bret baier in the middle of the show. connell: that was great stuff. live tv. >> speak of live tv --
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connell: here is breaking news. we'll get to that. melissa: absolutely. that is breaking news. we have fedex down after-hours despite a beat on fourth quarter earnings and in line revenue the company warning that uncertainty from the on going trade war is negatively affecting its fiscal 2020 performance and industrial production. look at that. connell: stock down 1%. not backing down. we will answer the judge's question. president trump threatening military action against iran, we have to get to that, after the country warned additional sanctions will end any diplomacy with the night. what those escalating tensions could mean coming up for national security. melissa: plus cracking down on robocalls. the latest move by the ftc to rid americans of those pesky calls for good but will it work? fresh meat and consumers are loving it. mcdonald's said quarter-pounder sales surged 30% since the company switched from frozen pattyies to fresh beef.
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they sold 40 million more burgers in the first quarter in 2019, compared to same quarter last year. 40 million more. wow! connell: great country. snacking can mean that pieces get stuck under mike's denture. but super poligrip gives him a tight seal. to help block out food particles. so he can enjoy the game. super poligrip.
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permanently are closing the door to diplomacy. take a listen. >> the country is not doing well economically at all. that could be changed very quickly, very easily but they have to get rid of the hostility from the leadership. we cannot allow iran to have a path to nuclear weapons. melissa: joining us now, chris harmer, retired navy commander. chris, it has been quite a day. what do you make of all of it? >> yeah, well there is something in strategic planning we refer to as the ladder of escalation. it is really easy to go up the escalation ladder but harder to come down. they are escalating rhetorically. iranians escalated kinetically. they attacked tankers in the straits of hormuz, they shot down our drone and in the sense they terminated permanently diplomatic relations with united states. wees can lated justify bly in my opinion through. the question is there an off-ramp?
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right now i don't see one. i hope we find one soon. melissa: let's point to the words in here. so you had, you know, their supreme leader fighting back against the president saying he is mentally impaired among other things today. the president snapping back now, if they blow up anything that is american, it doesn't need to be you know, human beings any longer, he is going to respond with force. is that a red line in the sand as some called it? >> yeah, i'm not sure what president trump's red lines are. he has element of the truth, iran has tremendous economic potential. has a very educated population. actually a very sievized forward-looking pro-western population. unfortunately reality the economic and political, social construct of the current leadership of iran won't allow that human potential to be developed. the fundamental matter here handy is the leadership of the islamic republic of iran is publicly, repeatedly committed to the literal destruction of israel. as long as they hold themselves
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out as only nation-state in the middle east both capable of that, willing to engage towards that, there is no way forward. either the leadership of islamic leadership has to publicly back down the claim of literal destruction of israel, back off the wmd program, eventually there will be conflict between us and iran. i can't tell you when that will happen. i can tell you right now the trajectory of the united states and iran, relationship of the two countries terminates in armed conflict. melissa: i heard another news person say this regime in control of iran right now is quote, moderate. do you agree with that? >> no. in what possible world is this considered moderate? there are a lot of moderate iranians out there. fortunately for the united states all the moderate iranians live in los angeles, successful businessmen, entrepreneurs, technologists. there is diaspora in the united states. the problem whatever moderates left in iran are isolated out of the government.
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the government is not moderate by any stretch of the imagination. people who say that are willfully ignorant of the reality of the islamic republic of iran. they are not moderate. they are hard-liner extremists. >> what do you think happens from here? >> both sides continue to escalate. there is a potential off-ramp here in that the iranians do have some outs diplomatically. they maintain close relations with russia, china, qatar. we maintain communications with all those countries. the only one possible an ally of ours is qatar. the reality iran has outs with increased relations with those countries. i don't think we have to terminate an armed conflict in the short term. i certainly don't want that. i certainly don't want it to happen by mistake which is unfortunately looks increasingly likely right now. melissa: i know that you don't get into politics at all. i just want to ask you from a strategic point of view, when the president, was thinking about retaliation and then backed off and there was the cyberattack and he said we're
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ready to sit down and talk and at that point folks said maybe he had appeared weak, do you think, then, iran responded saying in light of the sanctions they're not going to sit down. now he comes back, you know, saying if you do anything we'll hit you very hard, is he confusing them? is showing them strength and weakness? what do you make from a strategic point of view of the way he in particular has based? >> thank you for phrasing that outside of the political realm. i say solid case for action and inaction. tough choose your route and stick with it. i would say islamic republic of iran needs to be on receiving end of limited strike. the best way to do that, pick ships and submarines in port, shrink them pierside, let them know further escalation will lead to retaliation. if we don't retaliate republic of iran sinking tankers and shooting down unarmed drones that is open invitation to
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escalation on their point. i don't want to overreact. i think islamic republic leadership wants but we have to have some reaction. we have to make them pay a penalty for what they have done. melissa: chris harmer, thank you very much for taking your time. we appreciate it. >> thank you. connell: battleground of the state of florida. democratic candidates are set to take the stage in miami for the first debate of the 2020 cycle. why some critics out there it could be make-or-break in some contenders in the very crowded field. doug schoen will join news a moment. beachgoers on edge, a shark, pretty big shark, seen on camera in new jersey. melissa: whoa! connell: look at that. next. ♪ free access to every platform. yeah, that too. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything?
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♪ connell: this is, unbelievable video we have for you. fishermen in new jersey reeling in shark. the crowd gathering around him. look at the guy, wrest link with the shark. wow, don't know if i recommend that. before releasing it back into the ocean. >> i don't know if i recommend that. that is a terrible idea. connell: yikes. melissa: battle royale, democratic candidates preparing
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for debates, top democrats worrying the debates turn into disaster where no one looks particularly good. jonathan serrie is on the ground in miami, the site of the debates. jonathan. reporter: melissa, various candidates had been meeting with important voting blocs ahead of these debates. we have video to show you. beto o'rourke meeting with military veterans in tampa. as we speak he is meeting with teachers union members in miami. while each candidate needs to rally the base, persuading independent voters is going to be crucial in the swing state. >> in the state of florida, of the 12 plus million voters, almost 1/3 of voters are non-party affiliates. they are neither republican or democrat. the majority of northern party affiliates are latino voters. >> according to a poll, 56%
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would support a democrat overpresident trump. when you break out hispanic voters of cuban origin, 57% of cuban-american voters in florida would support the president. you can see why both parties are spending a lot of time and effort in south florida. mike pence was in miami, launch of latinos for trump, a effort to get hispanic sport for the current administration. >> under the leadership of president donald trump in 2 1/2 short years we have the lowest unemployment rate ever recorded for hispanic-americans. [applause] reporter: the vice president touted the economy, called for a free cuba, which is likely to rally especially many cuban-american voters here in south florida. meanwhile the democrats are hammering on immigration, criticizing president trump's handling of undocumented immigrants, melissa. melissa: jonathan, thank you. connell: let's talk to doug schoen about all of this.
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he joins us in the studio, former pollster for bill clinton among many others a fox news contribute are tore. always good to see you, doug. play off what jonathan is talking about. >> sure. connell: florida, you know it very, very well. >> i do. connell: important state. idea hispanic support decides it in 2020, how do you see it leaning right now ahead of this debate? >> that poll had 34% of the entire hispanic audience voting for trump. 10% up decided. if donald trump gets 40% of the hispanics in florida, connell, he will be reelected. he would be reelected. will win florida, win the country. connell: in terms of the debate, over next couple nights. >> sure. connell: a lot of articles written last couple days, this thing could be a bloodbath, they beat each other up eventually. eventually the nominee is weakened by that. i'm not sure if i buy that or not. how do you see it playing out? >> this is the first debate. we have two united states, 10, 12 candidates a night. i don't think there is enough time for it to be a bloodbath.
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somebody can distinguish themselves, he or she with a sound bite. there can be some attacks but i don't think there will be a systemic back and forth. you get in smaller debate. connell: joe biden, former vice president is on night two, right? >> yeah. connell: the whole idea he is the front-runner. if you want, as you say distinguish yourself, you go after him. >> yeah. connell: who does it? anyone? >> i think warren and sanders in particular will do it on economic issues, on centrism. cory booker -- connell: sanders, warren could do it without a response, right? she is night one. biden -- >> kamala harris and cory booker may well continue the line of attack for biden saying he worked productively in the past with segregationists for the common good but i don't see, connell this, first debate is going to draw a lot of blood. connell: right. >> i don't see it. connell: we do stories all the time. talk about whether this field, with the exception i say of
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probably biden, is raising to the left, in particular on economic matters. seems like elizabeth warren, a lot of people wrote her off, including president, she is having her moment in the sun, doing okay in the polls s that where the energy is? >> it is. this party is 40 odd% hardcore left, they don't believe in capitalism so much as they believe in redistribution of income. i believe that you can be pro-growth, inclusive, and have a social safety net but encourage people to be the best they can be without higher taxes, wealth taxes, higher death taxes. i think you can do that. connell: yeah. >> i'm in the minority, connell. connell: you might be but with biden. >> i sure a.m., philosophically with biden. >> one of the reasons he is leading it so far. >> that's right. there is a desire to win. electability is really important. democrats want someone other than donald trump. connell: we'll watch it next couple days, even though doug
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says it will be very, very boring. >> i wouldn't say boring but it is hard to see real impact happening. connell: thatpicture on the screen i ordered myself. melissa: it's a good one. connell: i'm heading down to miami. coverage of the debates and everything else. we'll get into the economy in florida and on in the miami area on "after the bell." we'll see you in miami tomorrow and thursday. melissa. melissa: taking on robocallers. the ftc is cracking down on one billion robocalls. does that mean the calls are going away for good? the details coming your way next hi i'm joan lunden.
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richer stories. get your dna kit today at ancestry.com. you're smart,eat you already knew that. but it's also great for finding the perfect used car. you'll see what a fair price is and you can connect with a truecar certified dealer. now you're even smarter. this is truecar. we're on the move. hey rick, all good? oh yeah, we're good. we're good. terminix. defenders of home. melissa: operation call it quits. the ftc unveiling a plan today aimed at cracking down on more than 1 billion illegal robo calls. but will the annoying phone calls really go away? let's go to jeff flock with the details on this one. jeff? >> pretty much doubt it,
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melissa, but they are going to try their very best. it is all out war on robo calls. there are two bills now, one in the senate and one in the house targeting the phone companies trying to get them to block those calls. today the ftc announcing its own war. take a look at the numbers on this. they say they get complaints that average 10,000 a day about robo calls, the ftc. it costs consumers last year with scams over 10 billion dollars. that's the one that people even admitted to. today 94 actions, separate court cases, law enforcement actions, with their partners and the ftc as well, not a moment too soon, says a young woman from missouri named geri wilds who we met today, who made the mistake of answering a robo call. when they say you want more information, hit number 1. she did it. she wound up with a company she talked to opening credit cards in her name and trying to charge her for services she says she never got. told me today it made her life a living hell.
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>> as soon as you hear a recording, hang up. don't try to talk to a person. don't try to think that you're going to get a person and tell them to stop calling you, because they hang up on you. that's not how it works. it won't do you any good. just don't. >> just don't. >> just don't. just hang up. >> just don't do it. hang up. get those blocking apps, melissa, and report to it the ftc, they say. but even the ftc admits it is a little bit of a -- you know, you take them down. they pop back up. melissa: jeff flock thank you. connell: first responders speaking to reporters after they met with majority leader mcconnell. let's listen. >> these men and women, uniform, non-uniform, they are sick and dying and families being left in financial ruin. this bill will offer that relief to thousands of men and women across our country because they
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came together on september 11 and the days and weeks after and now congress has a chance to take our worst days, our worst weeks and months and worst 18 years of pain and suffering -- connell: one of the officials said it was the best meeting they have ever had. we will see where it goes from here. thanks for joining us. melissa: bulls & bears starts right now. >> good evening, nearly 20 billionaires sending a letter, urging them to support a brand new tax on the ultra rich for the sake of our own morality. this is bulls & bears. i'm in for david asman this evening. joining me is the panel today. in their letter these billionaires say quote the next dollar of new tax revenue should come from the most financially fortunate not from middle income and lower income americans. america has a moral, ethical and
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