that. what it would do is take away more our rights under the second amendment. it insures citizens will always be capable of defending themsees and this constitutional republic. i don't think we need this. do you? trish: all hands on deck as to national security i advisors get ready to brief president trump with options for holding iran responsible for the saudi attacks on oil. a high school cheerleading squad punished for posing with a trump 2020 banner. plus, criminal prosecution, that's the punishment inspector general michael horowitz recommended for disgraced fbi director james comey for leaking sensitive information to his friends. we have details straight ahead. we have peter navarro, corey

lewandowski, robi d rob o neil. iran warning any attack on its country will be seen as an act of all-out war. watch. >> what would be the consequence quefns an america or saudi military strike on iran now? >> an all-out war. we don't want to engage in a military confrontation. but we don't blink to defend our territory. trish: you know who also is not blinking? president trump. his senior national security advisors are reportedly putting together a list of targets in iran should the president order strikes in retaliation to strikes on saudi arabia's oil

fields. so what do we do? ease guys pushing and pushing. and i think that they believe they can continue to push, rob, because they don't think there is any appetite right now. >> the way i see them having them on the ground in iraq. they helped with a lot of technology tblight explosive restorm. and they know what kind of chaos. and it's been a training rounds for them. they have been able to train watching how we use our tactics on the ground. not that we wouldn't brush them militarily. they just know the american public -- america -- trish: nobody should. we don't want to risk the lives of our young men and women for,

you know, the aweddive arabian oil fields. at what dpoint we draw that line in the sand where wee say you are really in trouble now. and are there other methods we could be using that won't involve troops. >> our national security strategy lays out the vital interests in the free flow of oil through the persian gulf. there has been a lot of conflict in the middle east surrounding oil. not necessarily for us. but 30% of the world's oil comes from the persian gulf. and we need trading partners. we need economics with which we can exchange goods and services. trish: so we are protecting our trading partners. >> we are protect our economy which is hinged to an interdependent world. we can't do nothing.

but nobody has an appetite, particularly president trump to going into a ground war in iran. we need to look at where the tomahawk cruise missiles came from and the drones came from, and the attack on the oilfield. go after that stuff in a very surgical way with our f-35s and ways and means of attacking the enemy. trish: if you went in and started some kind of ground campaign and ground war in iran. what do you do after we win? >> we assume something will go a certain way and the she a will will -- and the sh -- and the sa will ride up and help us, but what if they don't. we have hit them with cyber attacks, and sanctions. but then they start getting

involved with the chinese. it will help with their infrastructure. they are getting money through the back door. but the sanctions are hurting them. we need the iranian people who are not our enemy to somehow rise up. they tried it before but we were doing the iran nuclear deal. trish: you are right, it's not the people, it is the government. you mentioned hezbollah and how we could attack them. what about hezbollah and what they are threatening near the u.s.? >> return always seems to have their fingerprint somewhere around a lot of attacks. high-tech. and they have people in places, some cells possibly rating for the word to do whatever they are going to try to do. they are pretty sophisticated.

trish: i hope we are sophisticated on that stuff, too. >> we are totally sophisticated. but there is an old saying, if you defend everywhere, you defend nowhere. if they have sleeper cells in the united states, and we are not pushing back on them in the persian gulf. even hezbollah is leaning on israel's border. it's a tinder box. we have to be careful about what we do. i'm confident the president will make the right decision. we don't want boots on the ground in iran. but we may have to send guys like rob used to be. trish: you were saying before we came on. you know what to do. >> we have a lot of smart men and women not war gaming, but they come up with good stuff. there are better versions than

me out there. if we have to hit them with infantry fine, a strike force, fine. i am confident in everyone on our team. trish: what you did is pretty amazing. this is the guy who killed osama bin laden. >> i think the pilots were the most of impressive. i carried the sledgehammer. trish: in the pakistan-afghanistan region, they killed the son of bin land. what do you think this death means he was killed last week or a year and a half ago. i think it was a drone strike launched from one of the airfields. a lot of al qaeda is still there and they are being housed by the

haqqani al qaeda. trish: north carolina cheerleaders are probation for posing with a trump banner. peter ma vor oh says -- peter navarro says a recession is coming only if this happens. >> tuition free. >> this has to be the party of universal healthcare. trish: peter navarro will weigh in and talk about more. corey lewandowski calling out cnn. if you wants to ask the

questions, you can become a journalist yourself. >> are you a journalist or are you not? are you a just or talking head. i'm happy to answer your questions. trish: corey ♪ limu emu & doug hour 36 in the stakeout. as soon as the homeowners arrive, we'll inform them that liberty mutual customizes home insurance, so they'll only pay for what they need. your turn to keep watch, limu. wake me up if you see anything. [ snoring ] [ loud squawking and siren blaring ] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ walking a dog can add thousands walking this many?day. that can be rough on pam's feet, knees, and lower back. that's why she wears dr. scholl's orthotics. they relieve pain and give her the comfort to move more so she can keep up

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>> you actually referred criminal prosecution for comey. >> we sent information that could possibly be criminal to the department: >> do you know of any fbi director in the past who has had a criminal prosecution. >> i don't know as i sit here today. trish: bombshell new development. justice department inspector michael horowitz said he referred former fbi director james comey for criminal prosecution after he leaked sensitive ferrell. the justice d sensitive material. the justice department decided not to prosecute james comey. but the referral itself is

monumental. with us, corey lewandowski. this is unprecedented. right? >> this is enormous news. it has gone under the radar screen. the fact that both james comey and andy mccabe have been referred for criminal prosecution by the inspector general. michael horowitz was appointed by barack obama. this is not a donald trump appointee. it shows you how corrupt the top levels of the fiber with and now that we know there are additional pending charges against james comey for abuses of the guys of -- -- abuses of the fisa parents. there are til charges pending against andy mccabe. trish: i guess my question to you, we are waiting on this

i.g.'s report. when is this going to happen? do you really think some heads are going to roll in the way they should give be what's alleged? >> trish, the report can't come out soon enough. this has been going on since donald trump was a candidate for office over three years ago. we don't have a resolution. anybody else who wasn't the senior members of the fbi perpetrated the same crimes. they would be in jail. they would have been prosecuted. we are waiting for the grand jury to come back with the mccabe verdict. this is shocking news that the former director of the fbi james comey was referred for criminal prosecution for the crime of leaking information which if you or i did would be a felony. it's amazing this hasn't been known before. i have ultimate confidence in

attorney general barr to bring justice. trish: i was getting ready for my 2:00 show. and i was watching this exchange with senator snow -- collins from maine. and my goodness, yeah, i sent all this stuff to a friend at colombia who gave it to the "new york times" it was crazy to me. he was the leaker and they were having all kind of problems with leaks. it's clear he didn't have that allegiance to the constitution. he didn't guard that those documents and information with any kind of scrutiny. now, can we get to the cnn thing? this is pretty funny. let's watch it. >> andy mccabe who has a criminal referral and is a cnn

contributor. but you and your network continue to use him as a contributor who has been lying under oath. trish: then he pressed her even more. we showed that clip where you said, look, you questioned whether she was a journalist. you got into a heated exchange. but i think you made a good point. andy mccabe has some sketchy stuff around him and he's getting a paycheck from from cnn. >> cnn doesn't disclose every time he comes on that he's a disgraced former director of the fbi who has a criminal referral and from the public reports say he's being indicted by the grand jury for potential indictment. the entire segment began by alison making a false statement. she said you didn't answer the

majority of questions at the house judiciary committee hearing. that's factually inaccurate. if you want to be a journalist, report the facts. if you want to be a pundit or talking head, that's a different thing. but don't pawn yourself off as a journalist when your bias comes through so clear. give your viewers the opportunity to make their own decisions. trish: we had a panel on reacting to your testimony. they loved you. they thought you really kept your cool. which i imagine it's not always easy to do. you have got all these bullets flying at you by way of these democrats who want to take you down. you have got to be able to make sure that you don't walk into any those traps. that's what you did. what was it like? >> i spent a lot of time

preparing because i was subpoenaed by congress and it's an important thing to take under consideration. but was most of disappointing was the name calling the members of congress bestowed upon me. the things they said. they called me a criminal and a bagman. so i tried to add a little levity to what was an intense hearing. i say i think i'm a good looking man. they took exception to that. who am i to say. the thing is, i did try to say on a couple different occasions that integrity of our election system is not a republican or democrat idea it's an american idea. the committee members in congress should be spending their time stopping the opioid crisis we have. stopping illegals from pouring across the border and fixing the real problems our country faces instead of dragging me before

the committee to reconfirm what the mueller record said. there is no collusion. >> i know you want to try and change that, and you are live from manchester, new hampshire. i think rind behind you is the mill where my great grandfather once worked. are you going to run in that state? >> i think after the debacle, the congressional hearing tuesday, i am very close. i think if i'm the next u.s. senator from new hampshire, i'll change that system. nobody should have to be disparaged like that from a congressional committee because they don't agree with the politics of the other side. standwithcory.com is the

website. actor and comedian billy crystal calling out bill deblasio. >> deblasio. what are you doing in iowa? you are going nowhere. trish: we brought this earlier in the week. north carolina cheerleaders unfairly put on probation for posing with a trump 2020 banner. white house trade advisor says a recession is coming but only if the democrats were to take control our booming economy in 2020. peter navarro is reacting to all of their rhetoric and more after this. >> medicare for you will. >> every american $1,000 a month. >> you is free state universities. universities. >> all money managers might seem the same, but some give their clients cookie cutter portfolios.

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trish: president trump accusing the head of the federal reserve not understanding how the game is played. he says other countries are depressing their currencies to make their stuff cheaper. but our fed is making the president pretty mad. here i is 12 months ago complaining to the fed to me. the fed. the fed is raising rates too fast. and it is independent so i don't speak to them. but i'm not happy what what he's doing. trish: if he gets it wrong will he be out of a job? >> i'm not happy with what he's doing. trish: he wasn't happy then and

he's still not happy. again he says it's his biggest threat. joining me, assistant to president trump for trade and manufacturing policy, peter navarro. peter, it's good to see you. it happened, it happened. let me ask you first about jerome powell. he came in and everybody was kind of excited. they said this is a guy with real world experience. but the guy with real world experience now the president says doesn't get how the world works. he's playing checkers in a chess world. in the old days they were saying wrong way corrigan who ran the wrong way and scored touchdown for the other team. when you prematurely and fast raise the interest rates. what that has done is drive up the value of the u.s. doll rar

relative -- dollar relative to other currencies. it means our exports are way more expensive. we have less exports, slower growth and people throughout this country, particularly manufacturing, have fewer jobs. what's interesting to me, trish. i listen to powell and these boards of governors. they don't get it. if you went to their counterparts, every one of those understands when you have interest rate policies, you are effectively setting exchange rates. no one on the american fed seems to understand that. and they are playing chess, we are playing checkers. and it's the difference between a very strong trump economy with growth around 2% versus a great trump economy at 3%. powell is cost us a full points of growth and shame on him. it's a lack of financial market literacy. you have been in this business

for a long time. higher interest rates. trish: you have been talking about china and the threat of china forever. go back to interest rates. >> higher interest rates drive up the currency and the higher currency basically suppress our experts. you can see it in the q2 numbers. we lost 2/3 of a point due to exports and another third because of the effect on investments. trish: you have blame jerome powell for that? >> we have seven interest rate hikes. he's responsible for four of them. when you look at when he started raising those rates, the dollar spiked by almost 10%. that's huge. european central bank understands when they are cutting rates and doing quantities day tough easing, they are basically lowering

their currency, doing a competitive he central was, and wrong way corrigan at the fed is running in the opposite direction. trish: there is the school thought that says who needs the fed you don't need a fed like this. trish: why doesn't jerome get fired? >> the president doesn't authority to do that. here is the issue. let's look forward. trish: do you wish yellen was still there? >> i will not play the let's fire x or should a would a could a game. we have 25 basis points out of the fed. what needs to happen in the short run. getting 3% growth rate or a number of things. first and foremost in the next 30 days should be passing the u.s.-mexico-can .agreement.

hundreds of thousands of jobs. if we get that. if we get a fiscal stimulus in germany which i think is increasing the likelihood, so they buy more our exports. if you move forward on these fronts like the president has been moving forward. i think we'll have a strong outlook. trish: i have been impressed with the economy thus far. i think there is a lot to be happy about. not you president is talking about another tax cut. so, you know, what is there to complain about? i know you would like more from the fed. but we are doing okay. >> during the campaign i said the day after the election. if president trump had this grand vision, four points, deregulation. cutting taxes, having trade reform southern cheap energy.

and he pursued that doggedly. he's against successful on all four points of the compass. if you think about the democrats' counter points. they would go in the opposite direction of everything. in a lot of ways, what we are having here is a debate about where this economy is going to go. and you can't pete president trump's formula. it's a beautiful thing. trish: i know you are in negotiations with china and you don't want to disclose much. any hints? >> no. thanks for going easy on that. trish: i wish you luck. i hope you get that done. china expert gordon chang saying we need to stop making our prescription drugs in china and we need to do it now. america's health is at stake. he's here with that story. more anti-trump bias in our

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trish: a new development about a story we brought last week. a cheerleading squad was put on probation after they posed for a picture with a trump 2020 banner. now the congressman from the area is crying foul. richard hudson joins me now. congressman, good to have you here. as of right now, these cheerleaders are still under probation. >> they are on probation. this was america night. they even counseled the students to wear red, white and blue and

be patriotic. one student had a trump banner as a cape. some of the cheerleaders took a spontaneous photo. they are put on probation for exercising their first amendment rights. trish: i come from new hampshire it's part of your culture that you would put up a sign in the driveway or have a bumper sticker for your candidate or party. no one was down on each other because you didn't agree with the neighbor's points of view and who they were thinking should be the next president of the united states. it was i thought a great sign of engagement because it showed that connection between voters and the system. and it was a celebration of america to talk about your candidate and hold up a banner or have a hat or have a pumper sticker. that's who we are.

we are supposed to get behind our candidates. whatever side of the aisle you are on. now the left says no. if you are going to be a conservative, it's not allowed. that's some form of hate speech. >> absolutely. if that had been a president obama sign or my opponent's sign, i would be dhaiferg right to take that photo. political discourse in this country deteriorated to a point where if you disagree with me, i dismiss your value as a human being. we are americans first. and we'll be americans long after elected officials like me are gone. when i talk to young people, i encourage them to get involved. if you have got friends who disagree with you politically, you should talk to them. you can learn a lot from them

more than talking to somebody with the same views. trish: any idea how long the kids will be on probation? >> i don't know. i have written a letter asking the pro business be removed and asking questions about how they made this decision. this athletic association said it's the free speech right of a referee to kneel during "the national anthem" and it's okay for a student to kneel for "the national anthem," it seems hypocritical then to say these student athletes don't have the same rights. trish: have they given you any indication when they will give you answers? >> i am sitting by the mailbox waiting. hopefully we'll get an answer soon. trish: good for you for asking these questions and good for you for coming on and good for us

for bringing the viewers this story. it's not right. it's very hypocritical and one side. it's unfair to the country. congressman hudson, good to see you. actor and comedian billy crystal calling out mayor bill deblasio. >> mayor deblasio. what are you doing in iowa? you are going nowhere. trish: gordon change warning we need to stop make our drugs in china. -guys, i want you to meet someone. this is jamie. you're going to be seeing a lot more of him now. -i'm not calling him "dad." -oh, n-no. -look, [sighs] i get it. some new guy comes in helping your mom bundle and save with progressive, but hey, we're all in this together. right, champ? -i'm getting more nuggets.

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trish: the u.s. and china are working overtime to hammer out a trade deal. word that talks will stretch into tomorrow. this news is coming amid the escalating trade tensions. a wake-up call for all americans about the dangerous prescription drugs we all consume made in china where the fda has no oversight. joining me right now, author of

the coming collapse of china, gordon chang. it's good to see you. you are alarmed by this. tell us why. >> absolutely. because we outsourced virtually our entire pharmaceutical industry to china. this is not a theoretical concern. in 2008, 149,000 americans died from a bad batch of heparin, a blood thinner. i'm concerned about china weaponizing our vulnerability. they could sell medicine without medicine or purposely aduller eighpurpose --ly adultrate it. we need to make our pharmaceuticals in the united states. trish: i realize the french

country that makes zantac would like to make more money and they want to make it in china. the fda ought to get in there and say okay, it's off store shelves. you have got to make this stuff in the u.s. >> we have the fda in china. but a lot of this inspection is ineffective, and i worry about the chinese being able to turn fda inspectors. they are deeply corrupt. trish: they have found remnants of rocket fuel. >> the chinese people themselves don't trust medicines made in china. they buy foreign-made medicines when they can. we americans seem to be thinking the world is flat. we can buy whatever. this noise problem at all. but it is a problem. we know china has been

weaponizing companies and they will do that against the united states as well. as we speak, stretching into tomorrow, are you optimistic we get anything here? >> my view is we shouldn't have a trade agreement with china. the reason is we had so many trade deals with china. why do we think the remedies for the failed deals in the past where they dishonored their obligations. why do we think the remedy for that is another trade deal? >> if we don't trade with them but everybody else is, you run the risk their economy can devolve based on everybody else and we don't have access to that market. we need to say, all those countries in the free world. let's think about how we together collectively go up against china. >> we have to remember that the chinese market probably is shrinking. the economy is in real trouble.

the consumer numbers coming out of china look grim. but in any event. no one wants to disengage from china. but we are not driving this. the chinese are. it's going to be important for to us decrease our vulnerability to a militant hostile state that in the middle of may declared quote-unquote a people's war against the united states. trish: u.s. officials want to visit farmland as the trade talks continue. it sounds like you don't want the trade talks, you don't want them visiting farmers either? >> i would certainly love for the chinese to start u.s.ag products. but the price for that will be a reduction or elimination of the tariffs that president trump imposed. those tariffs are a remedy for

the theft u.s. intellectual property. china is stealing hundreds of billions of i.p. a year. buying some soybeans is not a wound to the u.s. economy. trish: if you are importing this sufficient as an american manufacturer, you will pay the tariffs. but you pass it on to consumers or make a decision as a business to say i'm not going to buy any t-shirts from china because i don't want to pay the tariffs. you start thinking of other places to go. maybe one of those places happens to be the usa and then you start spurring more manufacturing activity here. i just want to be clear on that because there is confusion over who pays for tariffs. >> one of the interesting thing is china has been purposely

deappreciating its currency the last month or so. the chinese are in effect paying for the tariffs. they are selling at a much lower collar cost. they are purposely doing that. manufacturing need to come back to the u.s.a. >> they think it is an economic weapon and it causes companies to rethink their manufacturing processes. >> absolutely. because what the tariffs do in addition to adding costs from goods manufacturing in china. it creates uncertainty because of the trade friction. companies can deal with tariffs, but they can't deal with uncertainty. trish: gordon change the's good to see you. you know it's bad when billy crystal is mad. we'll have a whole lot more after this. >> i apologize you ever got to know donald trump. but this new yorker volunteers

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(pilot) we're going to be on the tarmac for another 45 minutes or so. should always be working harder. that's why your cash automatically goes into a money market fund when you open a new account. just another reminder of the value you'll find at fidelity. open an account today. trish: welcome back, joining me, daily caller, good to have you,. anything funny in this video? president trump surprised people when he was spotted with cash out of his back pocket, he bored air force -- boarded air force

one. >> the president carries cash. >> right. he was spotted boarding air force one, a gust of wind exposed a couple 20s in his pocket, media, asked him why does he carry that cash. he says because he liked to tip, he uses cash, in an era where there is not a lot of tipping. trish: so weird, i'm going to say. you know, president of united states, he hands you 20 bucks. it is weird. you are like wow, the president of the united states, getting a tip? >> he is just a normal person. that is why so many people like him. trish: all right. a bunch of 20s in his back pocket. all right, moving on. >> he is a tipper. trish: i guess, billy crystal

had harsh words for bill de blasio last night. >> too much garbage, de blasio, what are you doing in iowa, you are going nowhere, come back and clean up this city. >> thank you. trish: yeah, it was a message that was heard, three days after being appointed to -- forgive me, i'm going to next story, we didn't talk aboutbilitbilly cry, oops. >> no worries. reporter: billy crystal and de blasio. like de blasio, is he coming back? to clean up the city. miranda. >> he is calling for the garbage man to come back, clean up the city, he makes a great point, de blasio has 10 million people to tend to, seems he is only tending to himself on the campaign trail.

we might be thankful he is not there. if you can't help, then don't hinder. trish: they got to do it. this is a story i was talking about. three days after being appointed to women's march board, this woman zara is out of a job. because she has a history of saying really bad stuff. and does not like israel. and they had a problem with anti-semites before, they got her, nobody does due diligence. >> right. zara, she was in one door out the other just as quick. a couple social media posts on facebook, from 2017, saying he would boycott "wonder woman" because the leading woman served

on idf, and would not support any leading actor or actress that is proud to be a member of u.s. military, isis or al qaeda, as if they were comparable. and she sees no difference between isis and idf, there is a lot of controversy. it is a woman's many o march ist women. it should be about all women for women. with previous situation, they dealt with anti-semitic controversy. trish: it feels like the left increasingly is anti-jewish party. that is in some ways bizarre. there are a lot of jewish americans that had identified as democrats. like a lot of irish catholics were democrats, they are losing their base of support. they are.

left. miranda thank you. >> thank you. trish: good to see you, we have another big show tomorrow night. kennedy starts now. kennedy: oh, my garden. listen, democrats are accusing president trump of doing something very naughty. it must be a day ending in letter y, but are latest accusations real or just another pile of piping hot malarky. "washington post" reporting a whistle-blower was concerned about a promise our president made to another world leader during a phone call. moments ago, saying with president of ukraine who is a former comedian. phone call was not an isolated incident. it may have happened several times. complaints reportedly went to