8500-dollar back office you can put in your backyard, totally self-contained. get out of the way from the family, work in your back home, 8500 bucks. i say that is not bad. lauren: i thought it was expensive. stuart: connell mcshane in for neil. take it away, con them. connell: maybe that will prevent my dog from barking. welcome to the show. next couple hours barking through the news. food to be with you, i am connell mcshane filling in for neil. this is "cavuto: coast to coast." we have a bunch of stories we're following on the east coast of the united states, including stimulus talks happening in washington, d.c. we'll bring you latest as things develop. they may very well develop here over the next couple hours. in new york city the spike in crime continues and we'll talk to the former governor of new york state, george pataki,

get his view on the crime wave all over the headlines in new york the last few weeks. in florida today the focus seems to be on reopening especially with this development from the teachers in florida, the largest teachers union in the state, now suing the governor over the way he wants to reopen the schools there. "coast to coast" will take to you texas as we continue to follow the spike in coronavirus cases in many states around the country. texas, one of them. we start with white house news. we'll have two briefings to focus on out of the white house today. the first already wrapped up with press secretary kayleigh mcenany. the president himself will be briefing reporters this evening. in between that, as we bring in blake burman in washington i suppose the focus would be on those stimulus talks on the hill, right, blake? reporter: yeah. a lot going on here in

washington, connell. start on capitol hill, top two negotiate force tore the white house, treasury secretary steve mnuchin and white house chief of staff mark meadows are up on the hill. they're set to be having lunch with all republican senators this afternoon. after that, they are going to be meeting with the top democrats on the hill. house speaker nancy pelosi and senate minority leader chuck schumer. already today we heard from the senate majority leader mitch mcconnell as he took to the senate floor and outlined some of the priorities for the senate republican relief measure that they should be putting forward. here are top lines from that. mcconnell saying they want $105 billion to reopen schools safely. another round of pppe loans for businesses and direct payments for families and individuals. idea ever reimbursing companies for personal protective equipment and tax incentives for companies to hire workers and as he has been talking about the liability protection. >> the american job market needs

another shot of adrenaline. senator republicans are laser focused on getting american workers their jobs back. in addition to kids and jobs, our third major focus is health care. the reason is obvious. if we lose control of the virus, or if research stalls, then everything else will be window-dressing. reporter: a few hours from now, handful of hours from now, 5:00 later today president trump is going to revive the daily coronavirus briefings. the white house says that the president will be giving an update on vaccines and therapeuticses but schumers said earlier today, that the president holding these briefings again is a dangerous move. >> to hear that donald trump, you, have created one of the greatest failures of presidential leadership in our country's entire history. president trump should not take the podium. every time president trump takes the podium ad one of these briefings he is a threat to

public health. reporter: kayleigh mcenany. just held a briefing. she was asked if doctors fauci and about, will be at the 5:00 briefing. she said to be determined. didn't necessarily say. the should note that the press secretary said that president trump is tested multiple times a day for covid-19. she was then asked a follow-up on that. well on some days he is tested multiple times a day. she wouldn't necessarily get into the specifics as to how all of that goes about. interesting though, i thought, nonetheless. connell, back to you. connell: that is interesting. thank you, blake burman in washington. that covers white house news and president trump for the time-being. let's shift gears to the man he will be running against in november, former vice president joe biden unveiling the latest version of his economic plan today, his economic recovery plan. he will be doing that in delaware.

that is where we find peter doocy with the very latest. peter. reporter: connell, good afternoon, $775 billion of new economic recovery. we've got a full screen graphic to show you what that 3/4 of a trillion dollars would get you. it would be spent over 10 years. they claim, the campaign does, it would create 1.5 million care giving jobs and create a 5,000-dollar tax credit for informal caregivers. they send checks to profession or informal caregivers, taking care of the elderly or children during the covid-19 lockdowns and find themselves right now with their resources really stretched thin. the biden campaign started rolling this out last night and again this morning really wants to create a lot of distance between president trump's position on this and biden's. >> people are dying, dying! families are bereft. people are so worried about

being able to see their grandmoms and grandpops for fear they may get the covid. i mean this is, i don't understand it. he has absolutely zero sense of empathy. reporter: biden campaign stresses that biden has personal experience as an informal caregiver, he was once a single parent and cared for his own aging parents in his life. the 775 billion-dollar plan is on top of the 700 billion he wants to set aside to buy american goods and services and 2 trillion he wants to give the country a full green makeover. in three weeks that is more than $3 trillion worth of new federal spending. they say the program would be paid for by rolling back some real inestate investment tax credits and and some new tax collection on people making more than $400,000 a year. we do expect the former vp here in new castle, not far from his home in wilmington, within the

next two hours. connell? connell: good enough. peter doocy, thank you. we bring in know well nikpour, noted republican fund-raiser. you hear peter talk about joe biden unveiling a plan or plans that add up to $3 trillion in spending. he unveiled that in three weeks. three trillion in three weeks is a lot of money. is it a challenge for the president to deal with or an opening for president trump? how do you look at this? >> i look at that for an opportunity for trump to take back maybe where he is lacking in some of the polls. by focusing on what joe biden has done, especially on the, you know, doing more taxes or having more taxes on americans because right now i feel that you know, americans are threatened on two fronts, their health and their wealth. that is a bad position to be in. and with what joe biden is

proposing, it's, you know, a major turn i don't have for let's just -- turn-off, one of the sectors trump is not not polling well, college educated women, or women in general. a lot of the women are mothers. they have to think about covid. they have to think about schooling. then think about, if they got to think about taxes raising. i read an article earlier this morning that from the, i think it is pew institute where some cities, nashville, new york, and some cities in california are raising some of their property taxes so they can make some of their, their budgets. that's scary. i think this is an opportunity for trump, you know, a lot of republicans don't like trump's personality, that's fine but this is a chance for him to focus on policy. keep it on policy. keep joe biden, what he has released, keep this in the

forefront and forget about the you know, the little schoolish kind of tactics that he does on twitter and focus on policy. you're right, this is an opportunity for him to focus on that policy and tout the republican tax breaks and continuation of that, if you keep a republican in office. connell: you brought up the idea, let's dig into this a little more if we can, noelle, the two issues at issue here, health and wealth. we were showing while you were speaking that the president's polling numbers, essentially on the wealth side on the economy, have not been great. that is always his strong suit. he always outpolled or whether potential opponent or direct opponent with joe biden, but not anymore. it is pretty much a dead-heat, what you do on the economy and he is not polling well on the health side, in terms of people how has he handled the virus,

his numbers are not good there. do you focus on both, try to improve the way people see you on the virus or say the economy is my strong suit to your point. i have to get my numbers back up where they were there, i can still win? >> that is one of the things i noticed, when you have a lot of the people that are pundits work for the president and in his administration they are confronted with poll numbers and poll numbers from all kinds of various institutes that show that he is down in almost every poll and what their answer is, it is fake news, don't believe the polls and instead of addressing it saying we need to work harder and one of the things we're going to focus on as a team the fact his strong suit is the economy and is also, you know, the jobs report and keeping tax cuts in place. he needs to focus on that because i really think at the end of the day, when you have a mother that has all, you know, all these issues going on, the

last thing they need to worry about is a tax increase, whether it is their property tax, real estate tax, you know, income, federal income, state income, whatnot. republicans are always going to work, it is in our platforms, for lower taxes and i think that this is the only thing that is going to pull president trump out of these bad poll numbers is the economy because one of the reasons i think joe biden got to the top was not his winning personality. it was the fact he was from the old school, the old guard and they viewed him as somebody that was going to be okay and wouldn't raise taxes. well he has been, joe biden has been pulled now by the progressives and by the left where he is out of control and he is now given in to their agenda. so now that game is over. so it is going to be the liberal, the socialism, the big, you know, spending and the

increase in taxes versus somebody that has a bizarre personality but will keep your taxes low. so that is basically what we've got. trump needs to play on that strong suit. connell: quite a campaign. thank you very much. noelle, always good to see you. noelle nikpour with us, putting it in, i guess in fairly blunt terms. that is what we're dealing with. what we're dealing with a rally on wall street. kind of interesting as we bring in phil flynn and jackie deangelis to talk about the market. dow is up 277. nasdaq is pulling back a little bit. that is the story, jackie, i thought at the would be here at 11,000 the way things were going but what stands out to you? >> markets are definitely on fire, connell. we keep getting all the headlines about positive, encouraging data with respect to the vaccine for coronavirus.

market the definitely like that. it will be a piece of the puzzle. i want to emphasize the fact that this will not be a magic light switch. we're a nation in crisis here. we've got the coronavirus pandemic. we have people fearful. we have an economy trying to rebound, but at same time there are forces pulling it back and holding it back. we have crime and security problems we have to deal with. the vaccine will help a certain part of the population. but it will not help everybody. so i've been talking to a lot of folks what happens now? how do we move forward? as states start to reopen, connell. people have to act responsibly. they have to change their routines, their behavior. they have to start coming back to work and populating cities to get this thing going. hopefully, that is what is going to happen here. but we've hit so many speed bumps and so many roadblocks. yeah the market gets excited by the vaccine headlines but we still have a lot more work to do.

connell: we do. we do have a lot more work to do and, with all of that said, it is really fascinating to see that the stock market, and you can look at all kinds of different reasons for it, has hung in there like it has. go book to the previous conversation on politics. the market to, some extent, at least on individual stocks and is starting to price in the fact that a biden victory might be likely in the fall. but it hasn't led as republicans might have represcribinged a big sell-off. instead people seem to be repositions themselves for the possibility that the democrats take control. maybe of all three branches. you know the house, senate and the white house, which would be quite something. >> yeah, no it is interesting. i think you're right. part of i think what the market is reacting to vaccine aside is also the hope for more stimulus, more economic injection. more of the fed backing everything up. i actually would take a different view and say the markets looks at a biden victory certainly a possibility but, no,

it hasn't priced it in yet. he has come out and said i am going to raise your taxes. he has come out and said he will make things harder for corporations and roll back some of the tax incentives they have. that is all going to have impact on the economy. i don't think dow at almost 2thousand has really priced in biden just yet. i think it is priced in that it is excited about a recovery because of the pandemic. like i said, when we first started talking, there is so many issues at play right now. connell: the other thing, bring phil flynn in on this, phil, whether the market completely priced it in or not, or think as biden victory more likely than trump or not, it has, as we talked about with jackie, it hung in there quite nicely through all of this. what do you make of where we are, also kind of where we're going? >> i think jackie hit it on the head. i don't think the market is

pricing in the election or they having about it. they're more worried about taxes with the economy coming back than they are how the election will come out too soon. it is too soon for the election. if you started making trading decisions during the last presidential election, based on the fact that you thought hillary clinton was going to win, you would have totally missed this entire market. if you believed what people said about the what would happen if president trump won, you would have totally missed this market. listen, the stimulus coming out of europe today is incredible. it is going to actually get them more in line with the economic stimulus that we're seeing around the globe, here in the u.s. that is going to bring down that dollar which has been stubbornly high. which will be a big boon for u.s. companies as far as exports. they have been struggling a bit on the export side. that will get more in line. i think it is generally a positive thing. as far as taxes, you don't have to worry. he has got the millionaires for

humanity that want to pay higher taxes forever. i think they should write a check, send it in. let's get going. connell: the other thing about that, i think is interesting, not a lot, but a decent amount of investors they don't believe, even if biden won, wouldn't necessarily be able to or be inclined to raise taxes as much as he is talking about whether the economy is recovered. whether they're right about that, that remains to be seen. thank you both for coming on. we'll stay on top of these issues. when we come back we'll shift to rising crime rates in new york, especially in new york city. we have a unique perspective what is happening in the state. former governor of new york, george pataki joins us next, on "cavuto: coast to coast." we'll be right back.

president trump: we can't let this happen to the cities, new york was up 348%, the crime wave. so the governor has to do something about it. if the governor will not do something about it we'll do something about it. connell: president trump in the oval office speaking about rise in crime in new york city that we've seen recently, calling on governor andrew cuomo, as he said to do something about it.

former governor of new york, george pataki is our guest. thank you, governor, for coming on. what about the federal government getting involved in new york. what are your thoughts? >> when it comes to crime, i draw a distinction between what is happening in portland where i think the president is absolutely right, we'll not let anarchists destroy our federal courthouse, break in, burn it down, disrupt the entire judicial system, we'll have federal officials protect that, from sending federal officials in new york city to deal with the street crime. that is the job of the city. that is the job of the state. they are failing miserably, the solution is better leadership, not federal intervention. connell: what needs to change then locally? >> well, first of all, people have to stand up for the police. the new york police department is the best in the world. there are tens of thousands of men and women, professionally trained, risking their lives, who we should be patting on the back, instead of kicking in the groin. it is despicable, not one

politician, not the governor, not the mayor, not the city council, saying let's support our police officers. they're the best in the world. you have to change the laws. they put in place road maps that tell our police officers you can be assaulted, you can have people, punch, resist arrest, you're liable to go to jail before the felon does. it is just a backwards system. we need to change the law. we need to change the leadership. we need to have public officials stand up to say we support our police. connell: let me talk to you more about broadly, governor, if i can about the state of new york, not just the crime wave in new york city but, as you know president trump is been subjected to plenty of criticism for how his administration has handled the coronavirus. i mentioned earlier how he doesn't poll well on his response to that. governor cuomo it seems has been able to, you know, shield himself in many ways from similar criticisms. however, there have been, as you know, there are issues come up.

the handling of the nursing home situation, not the least among them where the health department in new york required nursing homes to accept coronavirus patients. so looking in on it from the outside now, but as a former governor, what's your rating? how do you think governor cuomo has handled the pandemic? >> connell, let's take a look at the numbers. how many people in new york have died from the virus? how many people new york have had the virus? it is the largest by far state with numbers of fatalities in the country. how many nursing home residents died? that did not have to happen. we had a backward policy requiring nursing homes to take covid positive -- that existed for over a month 1/2 before it was finally changed. that condemned our most vulnerable, weakest, senior citizens to death in those nursing homes. there is just a report today how about there were emergency hospitals set up, the billie jean king center at the tennis

center in queens that they spent $62 million to have ready to go with doctors, nurses, equipment with covid positive patients and they got something like 80 patients sent over the entire crisis. well the health care system was overwhelmed and emergency rooms were overwhelmed with virus infected people. when you look back, you look at this, we'll learn a lot, a lot sadly from the mistakes new york made in dealing with this crisis. connell: sounds like the most critical, correct me if i'm wrong you have been of governor cuomo. long history for people who don't know, with the cuomo family. you defeated his father mario cuomo to become governor. but you haven't been until recently as publicly critical of andrew cuomo. why, why this issue? what is it about it? >> well, connell, i'm a new yorker. i root for the president to succeed whether it is obama or trump. i root for the governor of

new york to succeed whether myself or now andrew cuomo. there comes to a point when you see things going in the wrong direction, so strongly, that you feel obligated to speak out. i felt that obligation during the nursing home crisis and covid crisis in new york. i feel that obligation now because of rising crime, that isn't just going to cost people's lives, results in a massive decline in quality of live in new york city. it is also going to economically devastate a city that is also, is already reeling from the virus. from the shutdowns, from the ability to work at a distance instead of having to go to the urban centers. the restaurants have shut down. the theaters, the concerts. broadway is dark and now we have this soaring crime. i feel obligated not to go after a particular politician but to say new york is headed in the wrong direction. there are better solutions. we need to implement them now. connell: all right.

george pataki, thank you, sir, the former governor of new york state joining us today. we're going to florida in a moment as that state continues to be in the headlines as well, most recently because of this new lawsuit with florida teachers suing ron desantis, the governor. details on that and where it might be going, coming your way next. ♪ introducing stocks by the slice from fidelity. now you can trade stocks and etfs for any amount you choose instead of buying by the share. all with no commissions. stocks by the slice from fidelity. get your slice today.

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♪. connell: i'm sure you heard a lot about mail-in voting, right? how might affect the next election. as more people do vote by mail, we'll become more and more reliant on the u.s. postal service, a agency facing its fair share of budget issues of late. hillary vaughn reporting on that today, joins us live now. hillary. reporter: hi, connell. well the u.s. postal service is drowning in debt and mail carriers are raising the red flag saying they need federal

funding to deal with an incoming flood of mail-in ballots. they're expecting this presidential election. right now there is a nightmare situation playing out in new york after governor cuomo signed an order giving every voter a pre-paid envelope to send back their ballot in new york state's primary. the post office though did not postmark some of those ballots because their policy is, they don't postmark prepaid mail. a federal lawsuit says thousands of ballots are in limbo and jeopardy, there is no way to tell if the ballots were mailed by election day and should be counted. the white house press secretary says this is symptom of mass nail-in voting that the president has been warning about. >> for a month they have been collecting ballots with no postmark date. in fact what they found is 19% of ballots have been rejected in queens, 28% rejected in brooklyn. there are questions about mail, mass mailout voting. reporter: right now the u.s. post office is in survival mode. the president of the american

postal workers union tells me the post office is taking cost-cutting measures to deal with their 160 billion-dollar mountain of debt. >> anytime the mail slows down it is harder for the postal workers to serve the customers, whether it is a mail ballot or anything else. so, again we're just absolutely opposed to any effort to slow down mail, delay mail, that includes obviously for the ballots as well. reporter: the new postmaster general says the changes are necessary, telling mail carriers to leave mail behind at distribution centers if it will delay them getting out on their delivery routes. the usps says the budget issues will not impact political mail. telling us in a statement the postal service financial condition will not impact the ability to process and deliver election and political mail. connell, the issue is not just getting the ballot to voters on time and getting the ballot counted on time.

maryland governor larry hogan says they have major issues getting the right ballot to the right voter in their primary. saying some english speaking voters received their ballots actually written in spanish. connell? connell: something, obviously to watch. hillary vaughn, thanks. hillary reporting live from washington. "coast to coast" takes south now to florida where this lawsuit, where the largest teachers union in the state is getting a lot of attention, suing the governor over his reopening plans and governor ron desantis ran into some hecklers on the issue yesterday. let's listen. >> if you had been, had been infected, then you -- [shouting] [inaudible conversations]. connell: bring in former federal prosecutor katy. they're saying, miami teachers, listen, we can't go back here five days a week, no questions

asked, it is not safe, essentially i believe is their argument. do they have a case? >> well, listen, governors in these circumstances are always going to be sued either way. i'm out in california. last week governor newsom announced we're not going back to school here. a lot of people are not happy about that. the bottom line, even though they're going to be sued, most likely always going to win as long as the governors are operating in the realm of their safe discretion. i think here there is arguments on both sides. the risks with covid are very real but on other side there is risks not having children in school full time. there is risk for family with food insecurity issues. risk for children not getting proper education. there is risks across the board. as long as governors take this into account and make a reasoned decision, i think the teachers union will be hard-pressed to win this case. connell: because the court would have to basically decide that one of those sides posed a greater risk.

in other words greater risk to stay home, we're with the governor. on other side if we're not going to be safe we're with the teachers. how do you determine that? what metrics would you necessarily use? that doesn't seem clear. >> right, exactly the legal answer is if the governor is greating within the realm of appropriate discretion, taking into account safety issues, they're going to prevail. if they're far outside of that realm disregarding the issue with covid all together. that would be another story. but you can make arguments on both sides. that is always going to be held in favor of the governor in these sort of cases. so, yes, there is a lot of risk with covid, but you can come back at that with the risks associated with the economy not being able to be reopened, with people not being able to have appropriate child care, with issues that arise from keeping these kids home for even longer than they have already been. so i think in this case, you have governors in california, for example, and in florida, doing the opposite approach and you're never going to make

everybody happy but both of them will probably be upheld by courts because they're operating within the realm of discretion. that is really the answer. connell: let me ask you about one other issue, katie. i mentioned it briefly to governor pataki when he was on, i think it applies what is happening with portland, president sending in law enforcement officials to democratic controlled cities, department of homeland security, i guess officers or agents have been apparently used in portland. so there are legal questions about that. they came up last hour in the white house briefing with press secretary kayleigh mcenany. let's listen to this exchange. >> so what you're referring to is portland and 40 u.s. code 4315 gives dhs the ability to deputize officers in any department or agency like i.c.e., customs, border patrol, secret service as officers and agents. they can be deputized with the duty in connection with protection of property owned or

occupied by the federal government or persons on that property. when a federal courthouse is being lit on fire, commercial fireworks being shot at it, being shot in the officers, i think that false well within the limits of u.s. code 40.30. connell: on other side a clu, others say the agents engaged in unlawful detention ever residents, this is a violation. how do you see this issue? seems like it will be around here for a little while? >> yeah. it is really interesting when you have federal agents involved. so as the president was saying you can use federal law enforcement to protect federal property. they are limited to only doing that job. they can't enforce the state laws. there are ways that you can have federal agents enforce state laws but that would actually involve declaring some form of martial law or using the inner recollection act, allowing insurrection act. for the limited purpose of

protecting federal property, they are limited in that respect. there is no way they can enforce the stay laws and there has been some allegations that they have overstepped their bounds with that. that will be a question of whether they're properly within those bounds because they're not put in place under martial law. connell: in terms of making arrests and what have you, that is what the aclu is saying. people were just taken and put in unmarked car, and the like. that is their argument they're overstepping their bounds. katie, we will get back into this discussion later in the show. upcoming, vice president joe biden was to announce running mate for next few days or a week or so, from what charlie gasparino is say hearing this announcement is being pushed back. charlie is next businesses are starting to bounce back.

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♪. connell: so former vice president joe biden has still not announced his running

mate. there is some reports on narrowing down the list and the like. we know he said a number of times it will be a woman but charlie gasparino has been doing timing, digging into the timing of all of this. it has been delayed, charlie? what have you found out? >> initially, connell it was a july date, by the end of the month joe biden would have picked his vice-presidential running mate, former vp, picking a vp. that is kind of interesting there. we understand that the date has been delayed sometime in august, maybe first week in august, but right before the democratic convention. i don't know why they're waiting that late other than you know, there is a lot of jockeying for media right here. i think there is a degree of keeping attention on donald trump which is part of the biden campaign to keep him out of the press as much as possible. keep the attention on trump. biden people, when you talk to them, just so you know, how does

a financial business reporter like my solve cover politics? i cover politics because so many people on wall street are affiliated with the biden campaign. that is what happens. wall street is a major political animal and player. let's face it, white house policy affects wall street. it affects banking, affects trading and affects the big wall street firms. these are the people who work with the biden campaign work on wall street, that the biden campaign strategy is keep focus on donald trump. let him put his foot in his mouth. keep biden away from the press as much as possible. one way you do that, by not announcing a vice-presidential candidate until you really have to. we should point out that the democratic convention such that it is, it will be mostly a virtual convention, biden is expected to give a speech. it will be the third week of august. that is why you're seeing that this decision could be, you know, down to the first or second week in august. that is when they make it right

next to the convention and you kind of get, you kill two birds supposedly with one stone there. and you, again, limit joe biden's exposure and commentary about who this is going to be. as we get very close to the november election. interesting to note kamala harris is the name i keep hearing from democratic advisors on wall street. she has the inside track. that doesn't mean she will get it. this is all about vetting. maybe they find out something in her past, something in her husband's past. they find it problematic. she is the number one candidate, at least by odds, at least according to the wall street executives because she is sitting senator. she has name recognition. she can raise a lot of money. they believe she is largely vetted f you're a u.s. senator, you have the spotlight. also, part of the biden campaign realizes that part of his message will be, if something

happens to him, he is 77 years old, somebody, this person, that vp has to step in immediately, she has the stature. but the other candidates we know are being vetted are florida rep val demings. she could be pretty high on the list. she is rep, not a senator. former national security advisor susan rice. senator tammy duckworth and atlanta mayor keisha lance bottoms. as it was told to me, connell, who do you look for in vp candidate, if you're biden, up in the polls, someone that does no harm. a lot of people think it could be kamala. connell: but also somebody who could be president. i'm sorry to cut you off with the delay, charlie, it is related to this, i brought up earlier in the show, we were talking about the market. you said biden's relationship with wall street. i talked to a couple of investors, you probably talk to far more, who kind of rationalize this idea of biden

becoming president and market not selling off in anticipation of that, i know he is talking about raising taxes and the like. he won't do it right away. he won't be able to or choose not to because the economy will be struggling, so we're okay with it. what is the rationale you hear from some wall street folks who probably wouldn't like some of these economic policy proposals? >> listen, there is going to have to be a digestion of the biden policies particularly if biden wins, they can have the senate, then they can run the table, on tax increases, regulation. all that is going to change. that is going to have impact on essentially on markets, on corporate earnings. that, why is the stock valued what it is? connell: right. >> it is based on corporate earnings or projection of corporate earnings. so there is going to have to be some recalibration. one thing that suggests, or suggests a support of that argument, that markets won't trade off that much is that the fed will keep interest rates at

zero. it said so. so therefore it is almost a, it is almost like a put but it is called, used to be called the greenspan put or the bernanke put. it almost makes it impossible to bet against the market and i think that's what you have to weigh but clearly if you take corporate taxes and raise them to 28%, if you start raising taxes on individual, on estate taxes, on capital gains -- connell: that would hurt. >> if you ramp up regulations like he said, if you want to do a green new deal which is massive amounts of spending maybe good for economy, but that is more borrowing, which generally leads to higher interest rates in the long run. that all has to be calculated. connell: charlie, thank you. we'll talk about that. we mentioned earlier in the show. charlie gasparino. thank you good stuff as always. we'll be right back. 49... 50!

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♪. connell: we used to do stories all the time of these so-called mcmahon shuns, huge homes selling like crazy in suburbs around the country. grady trimble joins us with the opposite story, tiny homes doing apparently well on the other side. what is the deal, grady? reporter: connell, tiny homes

are getting even tinier. you have seen ones like one behind me and ones they're building back there. you have seen the tiny homes on tv past few years this company outside of chicago is changing the game a little bit and making these tiny homes that don't need any special permitting except for a shed permitting in your backyard. this could work as a pool house type building. this one is really interesting, with millions of people still working from home, it is a tiny office. i hadn't even thought of that. but not everybody has a spare bedroom or space in their house. they might have backyard space, they could plop it down in the backyard. we have the founder and ceo of bantam built. a lot of people are interested in this, they are stuck at home right now. they want a space where they can get work done, kind of like where you are now. >> yeah. a lot of people like working for home but they don't like working with everybody else also at home. reporter: the kids are distracting. the wife is also trying to work.

>> we're supposed to be simplifying our lives right now, it just seems for a lot of people working from home, especially at their kitchen table it is becoming a lot more stressful. so we decided we would take five years of experience we have in the designing small spaces, bring it to somebody's backyard, and give them a little bit of peace of mind during these challenging times. reporter: kind of all you need, connell. you have goat a desk, some shelving and a big-screen tv. it is set up with alexa too. alexa, turn on the fan light. there you go. it is a pretty high-tech thing. it actually costs a lot less than remodeling your home for a new office would or adding on to your house. 8500 bucks for this. connell, you've been working out of the home studio lately. are you ready to move into a tiny office, more importantly is your wife ready for you to move into a tiny office?

connell: kick my dog out? that actually might work. grady trimble, left speechless by my commentary on tiny homes there in illinois. that is a pretty cool story. maybe i should phrase it in the form after question, if i want to ask him a question. that is my fault. when we come back we'll get to the top stories of the day. i don't think they will be able to build a home for us in the backyard between now and then but we do have a news conference to cover, about an hour from now, 2:00 p.m. eastern. senate republican conference will come up. we presume they will have update on stimulus talks. mark meadows, the chief of staff is up on capitol hill. we'll see if they're making any progress. don't go away, cavuto "coast to coast" ou. so what are you waiting for? dj khaled to be your motivational coach? yo devin! remember to brush in a circle motion.

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♪. connell: politics i'd that we are watching closely on caboodle "coast to coast", stimulus talks, what will the next round look like, live on capitol hill with the treasury secretary steven mnuchin, mark meadows on hand, and we've been speaking to fellow republicans, meadows asked a moment ago in the hallway by reporters if he had any toxic democrat so far and his reply was not officially.

let's bringing clay back while the former ohio secretary of state, cincinnati mayor on all this, the expectation that they are going to get something done, no matter what's in and what's out, investors watching it closely, what is your priority, what would you like to see in the next round of stimulus if we can call it that. >> steve forbes and i among others have been pushing for a payroll tax holiday. we think that that will help small businesses who will actually reward people for working, it will encourage employers to hire more folks. the crowd that i just mentioned, we are asking the white house and the folks on the hill to consider to make sure we get some transparency in our healthcare system, you do know that it accounts for 18% every gdp and while healthcare drive

drives -- free help healthcare market drives innovation and efficiency, to make sure that we have price transparency is crucial because that's the cornerstone to making sure the individuals and families do not get stuck with his orbit healthcare cost. connell: he was brought in by speakerphone on the oi oval off. you wrote an op-ed. the economics that you brought up, the politics seem to be the president did very, very well with seniors. i believe he won the group by 13 points nationally, he won florida. now you look at the polls, the senior vote seems to be going more and abiding direction at least compared to how president trump did against hillary clinton and the same in florida.

that's the type of thing that drug prices could help the president politically as well. >> absolutely but it's the right thing to do from a public policy standpoint. it is the right thing to do for consumers and therefore, sometimes -- many times during the right thing policy wise is a good thing politically. i think what the president has, he has had an economic expansion strategy that got interrupted by the covid-19 pandemic but we have a solid foundation in this president is pushing us back towards economic growth in putting people back to work. connell: what can get done and what should get done portion, or steve forbes and yourselves,

what you're pushing here if you had to give one what would you give. it seems like an apple client. is that tougher to get there? >> one thing we have in our favor as the president is a sharp negotiator and he knows that he will have to do trading. that really concerns me is the democrats are stuck on making sure that nothing gets done even when something needs to be done, not only for seniors in lower income citizens. they know that they have a negative impact on the quality of life there but is just like

making sure our streets in a bizarre safe. they would rather sacrifice citizens in the well-being of citizens and voters, i think they would do at their own danger. connell: all ask you one more and i think it a comedown in some ways, negotiations over and appointment benefits. they get an extra 600 bucks a week, a lot of republicans who say this is the wrong incentive, having trouble people getting back to work and we don't want to disincentive eyes work. again to bring you back to politics, in some ways, you don't want to look like you're coming down on hard unemployed and people become reliant on that. how do you balance that, you hold firm and say this does not make sense economically or is there a negotiation that you are talking about the can be worked out.

>> is a mix of things. this is going to get down to trade off. i think you can target those folks who are now unemployed and can get back to work. in balancing it, you have to intensify and reward work in employing people. that is one of the things that you can do with a payroll tax holiday. i want to underscore, i'm concerned that we don't strap families and workers with extra nearly high healthcare. we can do that to make sure we have price transferring t-bill into the system. and transparency from an executive standpoint.

we need to get this worked into the legislation so has maximum impact in the marketplace for patients. patient rights advocates across this country understand that the right thing to do and their speaking into the system and i think they will have an impact. connell: good discussion on all these issues, we will watch these on the hill closely. speaking of capitol hill, another thing were watching closely, the development on the vaccine front, a lot of times people point to the optimism of the studies coming out with regard to coronavirus vaccines. i know in the house there hearing from pharmaceutical executives on the issue today and edward lawrence has been joining us. what is the latest on that. >> in fact, the big pharma in

front of the house subcommittee is very positive news for possible vaccine. the big names associated with those crating the vaccine, these are companies like madrona, johnson & johnson, pfizer they will have a vaccine in october, moderna and pfizer could be next to have a vaccine by the end of 2020. pfizer gearing up with 100 million doses available, johnson & johnson plans have a vaccine by march of 2021 and work at some point in 2021, this is what the head of a dharna told committee members. >> we are very confident we can deliver 700 and doses of next year.

>> it has taken $541 million from federal grants to help create this vaccine. astrazeneca talks to get $1 billion in grants for distribution in the u.s., the company is already taking 25 million pfizer says it will not take any government money, the bottom line is the amount of money being thrown at this and is cause concern with some of the members of whether a vaccine will actually work. >> given the speed on which were working, it's understandable that people may ask questions. what you're hearing from all of us, we are working on it and we will not cut corners and lower our standard. >> none of the executives say they are loosening any of the standards to get approval, they say this ensures an approved vaccine will be safe and effective in all of the companies except johnson & johnson will be sourcing materials for the vaccine for u.s. and the u.s., johnson & johnson says it does store some of the material around the globe

meaning in europe. connell: good stuff edward, edward lawrence in washington, but to get the investment angle on all of this, were joined by rebecca and daniel. it's good to see both of you and let's talk once again on the investment side of vaccines if we can start there. they are coming in today's one of them when the market is when people are optimistic about that, does it affect the way that you look at the investment outlook over the next six month or so and how much progress were making on vaccines. >> it does, investors get nervous, the cases are spiking and what is happening. when you have a positive day like going into phase ii or phase three trials of last week, you see days ahead and investors getting a little bit more confident. i have a little bit of a cautious note on banking oliver vaccines because it is a very

fast pace and if it does not work out what is our plan b, that is concerning to me on the long-term and short-term. >> i can get that, plan b has an effect from an investment point of view. in the fiscal stimulus in the congress which we were talking about, that is a question from now until we get the vaccine. >> to fasten sexiness for years, even if you contrite not to have time i understand the representatives on the hill are not say they're not cutting corners but i have never seen a vaccine developed more than faster than four years. four years is the fastest, never going to cut it down this year, less than a year, less than two years, something is happening without. i hope that it works out but i don't think we should plan on

federal stimulus for the next however, long it takes, what if it takes two years money does not grow on trees, this is not possible, we need a better plan b than federal stimulus or vaccine. we need to see if it's something we can deal with outside of a vaccine without federal reserve with action reopening the economy. connell: the other thing happening today, i will bring dan yelling, former vice president biden is in delaware and another portion of the economic recovery plan, we have peter who is there earlier in the show and he did the math and over the last three weeks biden has unveiled plans that up to $3 trillion in additional spending. a lot of that is proposed tax hikes. will there be -- were talking about investments and the economy, pushback and blowback in terms of whether that is something that you can really sell in this environment with

the economy that the way rebecca described it. >> i think there will be a different response to the markets, the market likes tax cuts. we sell in 2017 with the tax c cut. it came back in buybacks and other things. we have created to get infrastructure going in infrastructure and to create education and get that into the labor market, even though there's a huge amount of spending, were already seen that with the pandemic and we saw that and what were seen with biden is an example and we look back in 2009 and you see a real

stimulus to bring to the economy. connell: what is your take on this rebecca, i saw a couple of times in the show, the systemic stance tell, we don't necessarily think biden right away will do what he says. he might want to raise taxes to pay for the programs or do it right away. what if he did, what do you think? >> i'm going to have to disagree with danielle, i would use obama as recovery as an example of a recovery, it is something that we had in america. in taxing people is not the way to get a recovery. biden's tax policy is a disaster for both individual taxpayer and also american corporations and investors. there is not enough rich people in this plan, at $3 trillion, that is just what he's been outlining.

he has already cities for medicare for all, weirdly know that comes with a ten plus trillion dollar tax. there is not enough rich americans to paper all these programs. we have to make the whole country richer for everyone is going to report together. this is not the president that will lead us to recovery, absolutely not. connell: a quick final word before we move on. >> the stimulus created 1.6 million jobs a year we help 42000 miles of road, we expanded access which is a part of economic growth. republicans like obama did not do the job that he said he would do. but you see the trendlines and how unemployment into the po, it does work and it won't work under biden's plan. neil: thank you, next up we

talked about brooklyn a few times, cavuto "coast to coast", we will have more on that and we will take you like to seattle, there is no video coming out of police officers being attacked by police officer. we are live on the ground in seattle woman come back. ♪ ♪

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connell: cavuto "coast to coast" taken you to this pacific northwest, a lot of focus on the protest and the law enforcement response in portland oregon and in seattle, washington where we find and springer continuing his reporting. >> is a quite night in seattle, portland was a different story as a huge protest turned violent, thousands of people surrounded the justice center in downtown portland, as we've seen repeatedly, a small group attacked the federal courthouse, they pulled plywood off the building which is protecting glass doors and windows and broke the glass, they also set fires 22 and they both required a response from portland fire department, portland police did not engage the vandals in the crowd but federal officers did eventually come out and disperse

the protesters by firing tear gas and less lethal munitions, were also getting a first look at body cam video shot sunday afternoon in seattle, it shows police responding to a protester who is covering a surveillance camera with an umbrella. several officers moved in and they were hit by throwing bottles and fireworks. we have now learned that two officers were treated for injuries and were came out late yesterday that protesters had broken into a federal building and spray-painted it, burn the american flag and tried to detonate an explosive device. >> he does not deserve to be dead and he does not deserve for the city to do nothing. >> that was in the protest zone in seattle about four weeks ago a 19 euro manner shot to death

were cops had abandoned the precinct, yesterday his mother who you just heard sued the city of seattle claiming officials crated the dangerous environment that led to her son's death, so fall seattle officials have not responded to that lawsuit. connell: thank you. dan springer live in seattle. we'll get more perspective as we bring in the talkshow host jason, it's on kt tham770 in seattle. jason, thank you for coming on, how does this wrap up, it's gone on a while. >> is probably not going to wrap up unless local officials in seattle or portland or any of the cities currently under siege actually act, the action have to step up and stop some of the lawlessness, you have two separate stories happening right now, the lawlessness that is clear, we see the images and hear the stories and we read the stories. on the other hand you have a

master class in glass lighting where local officials are claiming what violence. it is a small group of protesters involving in this. that is just not true, you are hearing more and more local leaders who were scared that the federal government is going to send in law enforcement officials like they did in portland saying this is actually the cause of the violence. with all due respect the violence in portland happened about 45 days before the federal official stepped in. connell: what about the issue of federal involvement, the president has talked about having more federal agents get involved in on the other side it is the attorney general that said there is federal agents wearing masks that arrested people, no probable cause, took them away in unmarked vehicles, that becomes a story as you say and a big part of the narrative on that side of it.

do federal agents need to be involved or could this be handled more effectively on a local level? >> obviously the local level can effectively handle it, they are choosing not to, that is why the federal government is stepping in, to the point that you nee me the narrative that the secret police is disappearing people. if this is the secret police are horrible at keeping a secret, it's on video, thereafter, custom border control, they're out there saying their part of this and the people that are disappeared, they're doing interviews with the media. i don't call gas lighting, it is bizarre, we see the images and we know exactly what's going on and were being told by some folks in the media, the oregonian in the alternative newspapers in seattle pretending it is not happening, the reason why you have the unmarked cars going in and making these arrest

is because as you will see on video, if an officer takes their time making an arrest, surrounded by a whole bunch of protesters, they get assaulted, there is where the protesters are tried to keep themselves closely packed together, if an officer goes in and tries to make an arrest, they pulled the person back into the crowd while simultaneously attacking the arresting officer. we cannot allow that to happen, you have to have arrest and were talking about the lawlessness. no one is a new cannot protest peacefully. literally no one is saying that, you cannot bring down buildings, what happened in seattle, someone tried to start a starbucks attached to an apartment complex on fire. that will lead to deaths, your 12 officers injured, two in seattle having to go to the hospital and the council and the mayor's office have set up absolutely nothing. it is on the federal government to come in and say we have to keep law and order if you're not going to. connell: thank you, we will stay on top of the story. jason from seattle as we come to the pacific northwest. coming back to the market, the dow up a shade under 300-point

today but the focus has been on the nasdaq for weeks and is hovering around the record highs finally pulling back a little bit from a parabolic run high, close to 11000 on the nasdaq. the run-up in some of the stocks, tesla and amazon and others and whether it's overdone or justified. what would back on "coast to coast". olden opportunity sales event. get zero percent financing on all 2020 lexus models. experience amazing at your lexus dealer. find a stock basedtech. on your interests on all 2020 lexus models. or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity.

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connell: in this debate we've been having on the show about taxes and whether they're going up, one thing newark has pushed for his stock transaction, no better place to talk about that than the famous street quarter with wall street and broad street come together, christina stated by the new york stock exchange. >> you have a situation that

faces the tough financial decision because of falling revenue. that is why politicians are turning to wall street to get some of the revenue. what were seen for new york, they're projecting a loss of revenue between $61 billion over the course of four years and why new york democrats want to revive the state tax on all stock transactions, this is not a new idea, it was enacted in 19 05 and around for 76 years. think of it like a sales tax, going to the store you pay a sales tax and the money goes to the government. this is been a one and one fourth to 5-cent tax on various stocks, depends on the stock value, those democrats are proposing it, it will only expect those that trade large volumes of stock, it will minimally affect the retail investors like those that trade on robin hood or on td ameritrade, opponents are saying maybe stock volume will decrease

in the state as trading firms move out of the state, i spoke to one assemblyman who definitely says otherwise. listening. >> it's so small it would not raise tax above historical levels. transaction cost go up and down all the time in the market and there have been times when they have been higher than now in times and they have been lower. it has not affected employment in industry one iota. >> he went on to say even if you live in north carolina if the stock is traded in new york you would have to pay that potential stock, all that tax in those pennies do add up, they're estimating they can get 13 to $16 billion in revenue from the additional tax and i've heard countries from the uk, belgium to south africa and india have their own version of the stock transfer tax, overall it is not

just new york, new jersey is considering a micro cent tax on stocks that are traded in new jersey but republicans say it is unconstitutional and they plan to file a petition if it actually goes through. connell: good story, something to watch as we continue and if you think about stocks as we look at the games that we have seen for technology stock, you own amazon, microsoft or tesla, you decided to sell the stocks if you want to talk about taxes you pay a lot in capital gains because they have been going straight up in jeff bezos happen to make $13 billion in one day on paper yesterday, that is the market we are in and it's crazy, i wonder if it is overdone. >> a lot of people think it's over done but there's a big stretch, these companies are digital giants and they succeeded in everyone other

categories most because in the cloud, use data into business models and channels in there in a winner take all market. >> when we all stay home and use technology in one way shape or form, we understand the argument, evaluation when you see, amazon and the bezos network is crazy, worth almost 190 billion on paper in the 13 billion added yesterday, or elon musk that added 26 billion market yesterday and has been the stock that tells a story better than any others, some of the gains that we see on a daily basis on a stock like tesla, they report earnings tomorrow night, what you make of that? >> we are seeing a push to larger and larger tech stocks and a shield of what's going on in terms of the cyclicals. if you take a company like facebook and a company like

google, they have been expanding and growing to cyber subscribers, one example is the investment that they made in the industry, $10 million went into facebook and google into the indian market for access to that market, when you think about tesla's investment in other areas in terms of getting their cars out there but also the data collection from the cars into china, into other factories, into europe, that is giving them the ability to expand their market and in other areas and other industries are guitar closing and coming down but the tech companies are expanding the market and continue to expand so the growth numbers are just evaluation today. connell: if organ have a wider conversation on today like today, working in general, the dow is up but the tech stocks many are pulling back, when people decide to make a move, they have made so much money, where does the rotation make sense from an investment point of view, a lot would depend on

risk appetite but do you look for other opportunities, smaller companies and technology that are doing something new, what do you say to yourself enough, i want to be careful or rotate to other sectors completely. >> is a great point. >> there is some rotation but a lot of people have the tech stock as their core, when it occurs is in the valley stock that is happening. we notice that in the cyclicals of some of the consumer-products and financial services and travel and hospitality, those are bargains stocks that are out there, the challenge is when will we have a virus, were looking for a vaccine in a vaccine getting to phase ii and phase three trials, that helps and were looking at travel novels and tsa numbers, were sitting at 500,000, 600,000 travelers, that is really the 2.6, 2.8 summer travel that we normally have and were also looking unappointed numbers and in terms of jobless claims, they actually allow the rotation to

occur over every analysis that we see the big tech stock has been able to hold onto their own and it seems like receivables are coming from somewhere else whether gold or real estate or money on the side, we are definitely seeing that shift. connell: every time we think there's going to be a big shift in technology, something happens and you get a little daylight today and the little pullback in the next thing off to the races, we'll see how long it last. as we move on, we are going to get more details on the virus, we have been tracking it state-by-state, region by region and of course texas has really come into focus here, we are live in that state with new trends and new numbers when we come back on caboodle "coast to coast". do not go away. ♪

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connell: it is kind of like

small victory in our fight against the virus, we have the cases continue to go up but there was a victory of sorts and that the smallest daily increase in cases was recorded in a week, maybe that is progress but the u.s. leads the world in covid deaths, it's a lot of work to be done, that is for sure, texas is a state and along with florida, then the work cut out for them, casey steagall joins us now from dallas with the latest. >> we will take any good news when we can get it when it comes to the coronavirus. we should say the seven states across the country, however, started this week reporting a record high number of hospitalizations, that is according to the public health data from north carolina, georgia, kentucky, arkansas, montana, nevada and also florida, high record number of coronavirus hospitalizations,

the governor in florida says 20% of that state hospital bed remain open, while in ime day county, leaders say that the last seven days icu bed capacity has in fact been exceeded while in texas, more than 10000 people remain hospitalized with covid although the overall number of patients gradually started going down, but that is just in some places like houston for instance. although officials worn that does not mean it is time to let our guards down. >> it is happened when we expected based on the testing data that we saw level off in houston initially, my concern we've seen the testing data go back up after the fourth of july, we are worried over the next few days we will see hospitalizations go back up. >> over the debate how to safely open schools rages on across many parts of the country and

the florida education association, the state's largest teachers union has filed a lawsuit against the state's governor and the mayor of miami-dade attempting to stop the reckless and unsafe opening of public school campuses as coronavirus cases continue to search in florida. connell: thank you, casey siegel live in dallas with the update. let's shift gears, we're going to talk about college, so many discussions of going back to campus and inevitably at some point and those discussions you get around to whether or not it is worth it in the end, the tuition, does that add up to a college degree, that adds up to much for you. with that in mind, gerri willis has a story of some careers where you can make a decent amount of money and they don't necessarily require a college degree. >> that is right, with the price

of college skyhigh, many institutions are doing virtual learning this year, more and more of college or high school seniors that is they can about skipping higher ed altogether. the prospects for employment, paid a pretty good according to joni courtney, the chief market analyst at employee bridge. listen. >> the good news is, there's a tremendous opportunity for people who do not have a college degree, not only in the traditional trade job like construction and electrical workers, plumbing, carpentry and you also see it in healthcare. >> there are many jobs that do not require a degree that pay six figures, that's the good news. you heard about logistics, transportation and distribution paid $103,000, annually on average. commercial pilots, police

supervisors, some of these jobs require more training but not a degree. he says he has never regretted getting his ged and starting a business. he started at 19, already running a small successful bakery in santa monica, california. listen to this. >> i think the best thing, the thing that i found is something that i love to do and i do every day and i can get really good at and i found that in high school. i just decided i'm going to pursue it. >> he is really an inspiration for so many kids out there. remember the average cost of college education right now, young people last year who graduated say $35000 in debt, you think about that and opportunity cost of being out of workforce for four years, a lot of people it makes sense to get in there and get a job and start

learning. connell: really interesting, good story, gerri willis willis, in a few minutes, top of the hour, 13 or 14 minutes from now, the senate republic are supposed to hold a news conference, we will hear an update if there's any progress with the white house officials steven mnuchin and mark meadows negotiating the next round of stimulus. we'll be right back. ♪ ♪ ♪ i have the power to lower my blood sugar and a1c. because i can still make my own insulin.

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>> are you committed to naming a black woman as your presidential running mate. >> i'm not committed but to the people i've named and among them are for black women, that decision is underway right now. connell: that is a former vice president joe biden, he does according to the reports have for black women on his short list for vice president, he's committed to naming a woman as his vice president. or as presidential candidate, as charlie was telling us earlier, he delayed that announcement, the republican strategist joined us now. it is interesting, a lot of people are saying, smart money seems to be on, harris but i guess we will see. >> i think joe biden is torn

between his brain and his base, his brain should tell him that he should learn from the lessons of hillary clinton and he basically pick somebody that she liked in tim kaine might go down as one of the worst running mates ever in the democratic nominee losing pennsylvania, wisconsin and over 20 years. no one had lost one and she happened to find a way to lose all three. democrats want to play politics, they think they can rebuild the obama coalition by putting a brown face at the bottom of the ticket and in the reality, unless they put obama on the ballot, the only one eligible would be emotional obama, the smart thing to do would be the electoral college to pick someone who can pick joe biden when state the democrat have to win to have a chance against president trump that we know the democrats, identity politics talks and sensible thinking and ideas usually get put in the

backseat. >> sometimes it does not matter who you pick, the reason because every time we do a story enteren johnson did for k jfk, that wasa long time ago that was 1960, i don't know if tim kaine is the reason hillary clinton lost the election, a lot of people would say it's her fault or donald trump won the election, whatever the case may be, you can make an argument that sarah palin did not help john mccain. but is this time different, will the matter more given biden's age and everything that is happening, does the vp pick matter more? >> i think with his agent certainly matters. people vote for the top of the ticket. but the bottom of the ticket can help you carry the day. when you look at places like minnesota, placer president trump only lost by less than 2% four years ago, you had a chance to say that republicans spent a lot of money there no matter who joe biden can pick like amy

klobuchar in a fireplace. and moved him to go to a place in michigan and pick the governor of michigan in a place where president trump needs to do well, there are ways that you can close the door to opportunity and politics but if democrats are going to be juicing their base, the base is awkward to carry the day, what will carry the day is blue-collar americans who want to make sure their grandparents are alive and make sure the job that allows them to put food on the table is going to be there when we get through the covid-19 crisis and unless the democrats can find a way to pick candidates, they are going to assure voters in places where they need to win desperately, i think they will have a lot of difficulty in the vp is one of the symptoms that is gone wrong in the democratic party. connell: let me talk briefly about the current president and get away from the former vice president for a moment. i spoke about the briefings

coming back for president trump. he is going to have it at 5:00 p.m. eastern time. in a long story short, what he is saying, he should come out, get his points out and not take questions. not take debate from reporters. the last time did not go so great, but we are told today he will take questions . what do you think about this strategy of bringing the coronavirus creeping back? >> if i were talking to president trump, i would tell him to have daily briefings but talk about something besides covid. it is plain to the weakness in the argument that democrats want to have doom and gloom. how do 7 million americans get back to work, the conversation we need to have in a covid-19 economy were more black peoples lost their jobs and afflicted.

how do we have a plan moving forward to get back to the higher wages of african-americans that we sell with president trump and latinas of president trump, those of the conversations we need to have right now. connell: good to talk to. we'll be right back. and geico loves helping riders get to where they're going, so to help even more, geico is giving new and current customers a fifteen percent credit on their motorcycle policies with the geico giveback. and because we're committed for the long haul, the credit lasts your full policy term. the geico giveback. helping riders focus on the road ahead. the geico giveback. some companies still have hr stuck between employeesentering data.a. changing data. more and more sensitive, personal data. and it doesn't just drag hr down.

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s. connell: things seem to be heating up on capitol hill

before the top of the hour news conference. senator rand paul showed up at microphones. he apparently doesn't like the compromise. call it fiscally irresponsible. says we don't care about the debt. i will see you guys at 4:00 with melissa. time for "after the bell" with charles. hey, charles. charles: hey, connell, someone in d.c. remembered the debt. it halved to be rand paul. thanks a lot my friend. i'm charles payne. this is "making money." as big tech stalls investors discovering sectors including those severely beaten down. there are more losers than winners in 2020. so could they be the big winners for the rest of the year? the hottest stocks in the market ready to report earnings which are setting the tone for the market. which ones are the most important? meanwhile the eu comes through with a monster stimulus package, putting pressure on congress and the white house. could a deal be actually anticlimactic for the stock ma?