i made a fortune off michael's this year. my wife was going there every single day. she told me about the lines. i got in. i think we made like 70% on it, got out. always follow your wife and kids. they are better stock pickers than all of us. thank you very much, my friend. liz claman, i wish i could give you a better market but this is part of the process, finding equilibrium. liz: well, yes, and i think right now, we have got gravitational pull yanking the markets all over the place. charles, also breaking news, we are being told that president trump is expected to hold a white house news conference at any moment. this announcement of the conference actually came just about an hour and a half ago and minutes after the senate failed to pass a procedural vote for the gop's $300 billion coronavirus stimulus bill. with the republicans' bill now dead and the democrats' house bill which was passed in limbo, that froze the idea of future financial aid to those affected by the pandemic.

we are going to go straight to the white house when the news conference happens. meantime, talking about the magnetic pull. yes, wall street charts are all over the place. right now the downside is winning out. we have stocks sinking deeper into the red. dow jones industrials down 264. look at the nasdaq, down 155. but major swings here. we are watching this market very closely because we have been well into the green earlier. meanwhile, the economic cold war with china still simmering as the trump administration's deadline for a tiktok deal is now five days away. the u.s. ambassador to the united nations is here in a fox business exclusive. she will share her insight on the china issues, the russian election interference and the iran nuclear deal. again, this is a fox business exclusive. by the way, bridgewater, big hedge fund, ray dalio just made comments before the new york

economic club about china as an investment. i will let you know what he said. get your bets in. the nfl kicks off tonight as an explosion of betting sites battle for your sports gambling dollars. one of the biggest digital sports platforms is expanding its gaming opportunities because it sees a huge mega-billion dollar pie. the ceo and founder of the score is here in a fox business exclusive. less than an hour to the closing bell, let's start "the claman countdown." liz: all right. as we said, breaking news. as soon as president trump gets in front of the podium there, we are awaiting a news conference where we are expected to hear from him at the white house press briefing room. that's a live picture. we will keep you posted. in the meantime, literally the timing was very interesting. just minutes after the gop covid relief bill fell short by eight

votes, we heard that the president was going to get before the microphone. all republicans except for rand paul of kentucky voted yes for the bill, and all democrats voted no. the bill would have reinstated enhanced federal unemployment benefits of $300 per week. did not include a second $1200 payment for individuals which is what the democrats have been pushing for. let's get straight to the white house and blake burman. blake, we are watching the markets. much deeper in the red than they were earlier. what do we expect to hear from the president? reporter: i was told -- well, let me say, i was speaking with a white house official and i asked is this news conference a direct result as to what came about up on capitol hill. i was told not necessarily. rather, what we are going to hear from the president is one of the typical coronavirus update press briefings that he has been giving before he gets on the road to michigan later this afternoon. in any event, clearly some very big news expected news, quite frankly, as well here in washington today as that

republican skinny bill, the skinny relief measure, some $300 billion, was rejected today. republicans could not get any democrats to come on their side to clear the key 60 vote procedural hurdle. afterwards, the senate majority leader mitch mcconnell was saying what exactly don't the democrats like about this, considering it included things like unemployment insurance, additional funding for the ppp program and money for schools. mcconnell says all democrats want is a massive bill instead. listen. >> what's to not like about that? what they're saying is we won't pass things that we are even in favor of unless you give us trillions more. reporter: remember, senate republicans first started with a trillion dollar bill. then they put forth a $300 billion bill. democrats today say that was a non-starter, not acceptable. they even described it as

emaciated. here was the top democrat in the senate, chuck schumer. >> so leader mcconnell this morning demanded that democrats name exactly what we oppose in their bill like it was some kind of challenge. how about the broad immunity provisions from the day he announced them? he knew that it wouldn't get democratic support. reporter: so this is going nowhere as expected, as it had for awhile. meantime, the president will be leaving the white house later today for the swing state of michigan. you can see the importance there. 16 electoral votes. the president won that state by a very slim margin in 2016. however, it was a big move because democrats had won michigan in the prior six presidential elections. right now if you look at the real clear politics polling average, vice president joe biden appears to be leading in that state by a few. i was also speaking, liz, with a trump campaign, couple trump campaign officials earlier today who said when we hear from the president, expect to hear things like the economy, the jobs status in michigan, the auto

industry and the president in that state will draw a difference between the president's trade deals and trade vision and that of joe biden. back to you. liz: you know what i'm doing, because the dow is now down 370 points, 17, rather, i'm looking specifically at some of the stocks that have been real beneficiaries of the stimulus like home depot, lowe's. those are both up. vista outdoor. of course, people have been camping. that one's up 1.7%. amazon's down 2.5%. zoom down 1.5%. i was looking at pool, all the pool equipment, that's down .7%. advance auto parts, we had tom greco, the ceo yesterday, it's flat on the session whereas it had a pretty good couple of sessions on good earnings news. so this all really ties in. we want our viewers to know when it comes to investments and politics, and by the way, we do hear that the president's news conference will begin possibly precisely at 3:30 p.m. eastern.

go ahead. reporter: no, i was just going to say, a lot of these companies were citing that $1200 check that the first round of direct payments as to why they were in their quarterly reports, they were saying they were a bischofe beneficiary of that. as it stands right now, that wasn't in the senate bill. you got to wonder where that goes. i can tell you in speaking to folks here at the white house, there is not a belief right now within the building behind me that the president can act on sending out these $1200 checks via executive order. they believe it has to go through the hill and you see where things stand right now up on the hill. it's deadlocked. stalemate. liz: indeed. indeed. the procedural vote failed once again in the senate. we just want to let our viewers know that, if they just happen to be tuning in. blake, thank you. again, 3:30 p.m., the president is expected to go to the white house press conference podium. we will take it when he does appear. meantime, we've got a couple of stocks we need to tell you about.

looks like game over for gamestop bulls, at least for the moment. the video game retailer's stock plunging 14.6% after missing estimates. you know, it's been a string of revenue misses as well. gamestop suffering a loss of store operating days in the second quarter due to covid-19. we knew that. but e-commerce grew 800% but wall street is all about what have you done for me lately. they don't like the news. stock down $1.08. capri holdings and tapestry sitting at the top of the s&p 500. capri the parent company of -- capri, sorry. i'm thinking of the isle of capri. capri is the parent of michael kors, versace. it has appointed a new ceo of the popular shoe brand colloquially known as choos. they are up about 15%. tapestry better by 9%. flip it over to shares of overstock. the discounter. at this hour, they are on the

move. we are looking at a gain right now of 7% after its block chain focused t zero subsidiary received approval to launch t zero market. that will provide retail brokerage services for digital securities such as bitcoin. all right. we are looking at the price of cryptocurrency right now. it stands at $10,325. it's up five bucks right now. let's get straight to our floor show traders. tom hayes and phil flynn. tom, i will go to you first. as a nyse trader, what are you expecting to see as we saw the procedural vote in the senate to pass the gop stimulus bill did not pass, and now we are waiting on news from the president. >> we are in a bifurcated market. yesterday you saw the vaccine got delayed and cyclicals were filleted. these economically sensitive stocks are really going to take off and rip to the upside as we

inch closer to a vaccine, but for right now, the pain trade, if you remember in april we said the pain trade for the market was up because everyone was looking for a retest. the pain trade right now is a little bit lower for tech. the last five times that tech corrected 10% within a week, it had to go a bit lower before it found solid ground. i think these overvalued concentrated stocks are going to go a bit lower and this represents an opportunity to get ahead of the curve before the vaccine, before the full reopening, and getting to some of the cyclicals that have been left behind like banks. you are seeing today banks, wells fargo is positive on the day with the dow down 362 points. certainly defense stocks, industrials and some small pockets of energy. liz: phil, you could forgive investors if they watch the market open today, we saw a gain of 157 points for the nasdaq. the dow was up 234. you forgive them for thinking

that the three-day rout which started last week was some type of fever dream. it is not. we are starting to see that this was a headline driven market once again. what do you think? >> i think you are absolutely right. if you are going to trade this market, make sure to wear a helmet and seat belt because it's going to be an incredible rocky ride the next couple months. i think you are seeing the activi activity, there's no passion behind the moves on the upside or the downside. we are jumping around like a chicken with our head cut off because there are so many uncertainties here in the beginning of this quarter. it's really a september whipsaw here. obviously, the market wanted to recover today. because they think there's value there. they want to be optimistic that our government can actually do something for the people and the businesses and try to help them out. forget about it. when we got that headline that the deal didn't go through even though it was never expected to get through anyway, it was just another reason for people to take profits. you know, when you start moving

on expected news to the downside that everybody knew was going to happen, you know a lot of that is emotional buying. it's not common sense. because the market priced that in well ahead of time. so i think, i wouldn't be surprised to see us whipsaw back up tomorrow or even late in the session. liz: possibly. i just want to let our viewers know the low of the session for the dow is a loss of 392 points. right now, we are down 373. so as we are watching this erode just a bit, back to the lows, tom, phil, thank you very much for your perspective. all right. we do have, i want to say, about 48, what is it now, 48 minutes before the closing bell rings. red on the screen. up next, bad global actors from russia to iran to china are swirling around the united states right now, unleashing hackers and developing weaponry. united states ambassador to the united nations kelly craft facing down all those issues and the leaders behind those

nations. she joins us next in a fox business exclusive. speaking of china, ray dalio of the largest hedge fund, bridgewater, just made some comments about investing in china. we will get those to you and of course, we are awaiting the president's news conference. we will take you back to the white house when it happens. we are looking at weakness in the markets right now. small caps down about .75%. crude oil falling another buck to $37.06. we'll be right back. give you my world ♪

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liz: breaking news. we want you to look down at the lower ticker here and what's on the screen. we are at session lows at the moment. we are down 421 points for the dow. s&p down 63. nasdaq down 254. perhaps some of this, much of it has to do with the fact that the stimulus bill and the procedural vote to pass it and shift it on to the next procedure did fail in the senate. this was the gop bill for stimulus. it was smaller, sort of skea sky package, than the democratic bill that did pass in the house. the president has announced he will speak at 3:30 p.m. eastern, about 23 minutes. we will take it because you can see the effect on the markets right now. we have this breaking news. the date for the long-awaited

peace talks between the taliban and afghan delegation have just been announced. it will begin this saturday in qatar. secretary of state mike pompeo welcoming the news with this statement moments ago. quote, i urge the negotiators to demonstrate the pragmatism, restraint and flexibility this process will require to succeed. the u.s. is prepared to support as requested. meanwhile, international diplomatic drama intensifying in just the past 24 hours, whether it's china, russia or iran with the u.s. squarely in the middle and just as tensions are rising, we are less than a week away from what would have been the largest annual gathering of global leaders in new york city. but the u.n. general assembly this year will be mostly virtual due to the pandemic. regardless, the issues are very real and as serious as ever. u.s. ambassador to the united nations kelly craft has been grappling with all of them and joins us in a fox business

exclusive. first your comments on the afghan taliban talks. >> it's a sign that they have come together and you know, as you know, one of my objectives for afghanistan is the women in afghanistan and making certain that we continue to uplift them and to keep them in the major role that they are in. this is great news for my comrades from afghanistan. i have already spoken to her today. we are very excited to have this news and know that there's going to be a future for the afghan people. liz: i am very happy you just said that. i have worked with the feminist majority foundation for years when the taliban was issuing gender apartheid, killing women, doctors and lawyers. yeah, we need to turn that situation around. let me get to china, ambassador. we are so glad you're here to talk about this. we have tensions simmering between the u.s. and china. june 30th when china violated

the original transfer from britain, the colony of hong kong to china, and in essence, instituted national security issues and really cracked down on protesters who were pushing for pro-democracy moves there. now we know that the trump administration is considering possibly banning imports from china of things like cotton and tomatoes from the region where the uighurs, the muslim minority, are at the moment. is this the next step in ramping up yet another trade war? >> you know, you are so right. first of all, what i always like to open up with when i speak about china is that we value our relationship with the chinese people. we value our relationship with chinese americans. that being said, what we absolutely cannot stand for is the chinese communist party, general secretary xi and the way that he has consistently delayed information, concealed information. it is just outright lies and

that has caused irreperable damage to the people of the world, whether it's our economy, whether it's the health, the wellbeing, we have to stand very firm, we have to make certain that we shine a light on the chinese communist party, on their human rights abuses of the uighurs, of africans, tibetans, you name it. the way they treat hong kongers, what is going on in taiwan. if you look at taiwan and see that in december of 2019, they were the ones who went to w.h.o. they were the ones who told china this covid-19, this wuhan virus, is transmittable from person to person. but the w.h.o. being a mouthpiece for china did not disclose to us, they were not transparent that has cost us thousands of lives not only in america but all over the world. liz: but ambassador, the president is putting down some

serious red lines. one of them is that he will ban tiktok, the short form video app that is chinese owned by bytedance within five days. apparently bytedance is trying to find an end run around that. some people perceive that china has boxed in the president. they will force him to ban a very popular app. on top of all of that, there appears to be now a tech war between the u.s. and china. ray dalio of bridgewater, we are a business network so we listen to these voices, largest hedge fund, ray dalio just spoke on the economic club of new york zoom website minutes ago. he said china is an effective competitor in trade war, in geopolitical capital military and he said it's an attractive alternative that the world is under weight there. china's influence is growing. does the u.s. risk standing alone at the united nations when you have a lot of other countries not joining in? >> you know, i have to say this has never been a popularity

contest and we do not mind standing alone. matter of fact, we will stand alone on any issue that could possibly damage whether it be the cybersecurity, whether it be personal protection rights of especially the individuals that use tiktok. if you see that age group, those are the people that are vulnerable. they are vulnerable to their families' information being distributed, being collected. you know, the president is going to do everything in his power first of all to make certain that the american people are safe and that our information is secure. now, you know, i -- liz: ambassador -- >> i beg your pardon? liz: do you think he will ban it in five days? >> i think what's important is the way that we see the 5g and that huawei and you know, i can't speak for the president but what i can guarantee you is he has thought this through and his main objective is to make certain that we protect the information, the personal

private information and the technology of our manufacturing, the core of our economy, that we protect them from the chinese communist party and from their infiltrating our information. liz: well, you do have the midas touch. when you were ambassador to canada, you were very involved in renegotiating the north atlantic free trade agreement so that seemed to work well. we will be watching you and everything that you do. please come back on another day when we have more news around the u.n. general assembly. we would love to hear your perspective on russia, because we know with all the news that's happening, russia is apparently trying to hack both the trump and the biden campaigns. we will have you back. thank you so much. >> thank you very much. thank you so much. liz: any time. the closing bell ringing in 36 minutes. the dow is lower by 443 points. that is a more than 800 point swing today. big moves.

in the meantime, touchdown. penn national gaming, at least there's green on the screen. it is surging intraday, up 7.9% as rosenblatt starts shares of the barstool sports betting partner at a buy with an $80 price target. that's the highest on the street. it's at $62.78 right now. one of sports betters' rivals looking to even the score as fantasy fanatics place their bets on tonight's nfl kickoff. we are talking to the ceo of the gaming app taking the u.s. by storm in the hopes of de-throning sports betting's top king pins. the ceo john levy is here in a "countdown" exclusive next. 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. makes it beautiful. state-of-the-art technology makes it brilliant.

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liz: with the backdrop of a tanking market, president trump is beginning a news conference at the white house right now. >> you, too. that's good.

that's fine. thank you very much. in the past four months, we've added 10.6 million jobs including 643 manufacturing jobs and 658,000 construction jobs. that's far beyond expectations. we've experienced the smallest contraction of any western nation, meaning we've been affected less than any other nation, western nation, and probably almost i think you can put us in, i just saw some numbers, i think you can put us into just about any category anywhere, and the fastest recovery by far, that's anywhere. nobody's recovered like we're recovering. if we follow joe biden's strategy, we would shut down the entire country after just having set records on growth and we also did have tremendous retail growth, as you probably noticed. we're witnessing the fastest labor market recovery from an economic crisis in our history. by contrast, the obama/biden

administration had the slowest weakest and worst recovery in american history, as you know. we continue to make progress on our fight against the china virus. new weekly cases have declined by 44% since july. deaths declined by 20% compared to just last week. it's going down very rapidly. really rapidly. this is in contrast to nations in the european union which have recently experienced a sharp increase in cases. they're having a very big spike over there. we're hopefully beyond our spike. we'll see but we're doing very well all over our country. in the past five weeks per capita cases doubled in france, surged to over 300% in spain, which i have been hearing about and speaking to some of the leaders of spain and they're having a hard time, and increased more than 400% in italy again.

and as you remember, i stopped, i put a ban on people coming in from europe after the ban i imposed on china, wuhan, but because of wuhan primarily, because that area was very infected. we also put a ban on europe. so spain is being heavily impacted, france and 400% in italy. yesterday, european nations experienced 50% more deaths than the united states and you don't hear these things. you don't hear these statistics but the united states has done really well. very proud of everybody that worked on this. and i really do believe we're rounding the corner and the vaccines are right there but even -- not even discussing vaccines and not discussing therapeutics, we're rounding the corner. we already have therapeutics out there, by the way, which are having obviously a very big impact because you look at that, you look at the way people are recovering, it's so much better

than in the past before we knew about the disease and had anything to fight the disease. on schools as part of our science based approach, we want schools to safely open and stay open. children are extremely low risk of complications from the virus, less than .2%. .2% of the coronavirus deaths have occurred in those under the age of 25. most had underlying conditions where there was a problem. there's no substitute for in-person learning according to a recent study, student progress in math decreased by half and using online education compared to in-person or campus education. so online, we think of so many things online and how great it is. there's nothing like being in the classroom. that's what we've learned from this whole ordeal. according to the cdc school

closures disproportionately harm low income and minority children as well as those with disabilities and i think you see some slides behind me that are very new, very current. it's also crucial for colleges and universities to stay open and we hope that they do indeed stay open. we want to see big ten football. we hope it's coming back. we have a lot of the colleges that we're talking about, they want to come back. we hope that michigan agrees. we hope that -- and i know the governor will have a lot to say about it. we hope she approves it. but we have a couple, maryland's another one. we hope the governor puts a little pressure on so that we can have it. but i have a feeling they may do it without having everybody but i think they are going to have maybe michigan, maybe maryland, we have a couple of states that might not participate, but

people are working very very hard to get big ten football back and i'm pushing it, and it will be a great thing for our country and the players and the coaches want to do it really badly. the players are missing. they only have so many years of this and the players are missing a big opportunity, including the chance in some of the cases, they have some of the best players, college players in our country, and they want to get into the nfl and they want to make money in the nfl and they're not going to be able to do that too easy if you don't get to see them play. it's much safer for students to live on campus, low risk young people would rather than the alternative. the alternative is no good. than going home, spreading the virus to high risk americans, they want to be on campus. they want to go back to school and the parents want them back in school. maybe more so than they want to be back in school. they want them back safely and they want to go back safely but they have to go back. based on the recent data from more than 20 colleges, not a

single student who tested positive for the virus has been hospitalized. so that's a lot of people. that's a lot of students. not one has been hospitalized. as we continue to follow the science based approach to protect our people and vanquish the virus, joe biden continues to use the pandemic for political gain. every time i see him he starts talking about the pandemic. he's reading it off the teleprompter. i'm not allowed to use a teleprompter. why is that, phil? they ask questions and he starts reading the teleprompter. he says move the teleprompter a little bit closer, please. i don't know. i think if i did that i would be if big trouble. i think that would be the story of the year. when i took early action in january to ban the travel and all travel to and from china, the democrats and biden in particular called itxenophobic. joe is willing to sacrifice

lives toplacate the radical left open border extremists. we saved tens of thousands of lives, probably hundreds of thousands of lives and we saved millions of lives by doing the closing and now the opening the way we did it. joe's decision to publicly attack the china ban proved he lacks the character or intelligence or instinct to do what is right. now biden's launched a public campaign against the vaccine which is so bad, because we have some vaccines coming that are incredible. scott was telling me about some of the things that are happening. it's very exciting. thank you for being here. but you don't want to have anything having to do with the political purposes being an anti-vaxxer. you don't want to be talking about the vaccines in a negative way, especially when you see the statistics that we are starting to see. they're incredible, actually. biden's perfectly happy to

endanger the lives of other people by doing something that he thinks is going to help him politically because his polls are getting very bad. they're getting very shaky. this was an election that was going to be very easy, very quick and then the china virus came in and i had to go back to work politically, unfortunately. i had to devote more time politically to the other things we do which are very important for our country, but i had to go back to work and it looks like -- looks like we're going up very rapidly. more rapidly than the media wants to admit. and biden's had to go out, he's gotten out of his basement and he's working. let's see what happens. but we got to talk about how great these vaccines are, if in fact they're great and i think you will see numbers that will be very very impressive. the approach to the virus is a very unscientific blanket lockdown by the democrats. that's what they're talking about. which takes all of these

incredible statistics, records, and it throws them out the window. now they did say it would be based on the recommendation of the experts but you know, expert or not, we're not doing any more shutdowns. we did the shutdown. now we're doing the opening. there won't be any more shutdown. there could be a little section, a small section. we have a breakout, but we're not talking about shutdowns like they were talking about depending on experts. we're not going to be doing that. the swine flu was a disaster. you remember, not nearly as deadly, not the same world, but when joe biden was vice president, his failed approach to the swine flu was disastrous. he called it -- he called it n1h1. it's actually h1n1. remember the h comes before the n so it's sort of easy to remember but joe always calls it the opposite way but call it the swine flu. it was disastrous.

his own chief of staff said that when biden helped manage the swine flu in 2009, they quote, did everything possible wrong and 60 million americans got h1n1 in that period of time. this is a quote from his chief of staff. and it's just purely afortuitythat this isn't one of the great mass casualty events. it had nothing to do with us doing everything right because we did everything wrong, it was a disaster. it was a disaster. now he's telling us and he can't manage himself. 270,000 americans were hospitalized during this attack. the outbreak was so rampant that the obama administration told states to stop testing. we don't want any tests because they don't want to show all of the things the tests show. by the way, we're setting a record on testing. our testing is at a level that

nobody's ever seen before. we're substantially greater than the second country which is india, by the way, which has 1.5 billion people but we're 50 million tests ahead. 50 million ahead. and they ordered the cdc to stop counting tests and stop counting cases and left us a depleted stockpile which is what i inherited. i inherited a depleted, a very badly depleted stockpile. in other words, biden's record demonstrates that if he had been in charge of this very serious highly, highly contagious epidemic or pandemic, the china virus, countless more americans would have died. if we didn't do what we did, and i say it all the time now, because the media likes to belittle what we've done has been incredible. now you can look at europe and you can look at other places and you can start comparing.

biden is weak on china. yesterday it was revealed that a fund partly owned by joe biden's son hunter facilitated the sale of a michigan auto parts producer to a leading chinese military defense contractor. you don't want to write about that, do you. biden spent his entire career selling michigan jobs to china. now the biden family is selling out our country directly to the chinese military which has to do with this company that hunter, here we go with hunter again, he didn't have a job, now all of a sudden he's selling companies from michigan to china. liz: all right. we do have a selloff here. dow is down 339 points. we are off the lows of the session. we are watching this market very carefully. as soon as the president begins to take questions, what we are really looking for is anything that is economically or business focused at this moment. so at the moment, we are looking at the s&p down 49.

i'm wondering if we can get up the volatility index, because we are definitely seeing volatility. so far, the swing today for the dow, more than 750 points. now, we are looking very closely at the nasdaq, down 184. this is a wall street expression. dead cat bounce. when you start to see a big move up after a couple of down days which is exactly what we saw yesterday, and then we fall once again, we can say that that was a so-called dead cat bounce. i know it's not politically correct but that's what all the wall street guys are telling me right now as i'm looking at this news here. okay. we are seeing weakness in larger technology companies. we are seeing weakness pretty much across the board. it's a broad-based selling day at the moment but it is also a day that weeks ago seemed like it would never happen. it is now here. the nfl is kicking off its 101st season. big money, whether it's advertising, whether it's owners, many of whom are billionaires, spending a lot of

money. despite player dropouts and covid concerns, and not a lot of people going into the stadiums to watch these games, the business challenges for the league are still mounting. to charlie gasparino right now, who is joining us with exclusive new information on the playbook he's putting together his story at the moment, but one of the biggest chunks of revenue when it comes to anything sports related is gambling. sports betting, sports wagering, games of skill, there's a company as we watch for -- what are we doing? can you make it a little clear for me? okay. we can go to charlie? okay. just having a little technical difficulty. charlie, you are talking about the nfl and the playbook at the moment. what's going on? charlie: i also had to get in front of the camera because i was working out down stairs in my house because i thought we were preempted by the president. in any event, the business of the nfl is going to be very difficult this year. here's what we know. $16 billion in annual revenue

from the nfl. they are going to make up about $8 billion of that from tv revenues. that's secured. that's going to be fine. it's the other eight that's going to be problematic because a lot of these teams are playing in fanless stadiums. there's a couple teams that will play with fans. this week i believe there's no fans in any stadiums. tonight's game with kansas city and houston, no fans tonight. dallas will have fans but it has to play at home to have fans. miami will have fans but it has to play at home. both those teams are playing away this week so that's one major issue. that's half of the nfl revenues cut immediately. that's $8 billion, but $8 billion are in jeopardy because the fans and concessions are up in the air. now, here's another thing. you know, the nfl has made this year a statement year for essentially social justice. there's going to be slogans written in the end zones.

there may be slogans on helmets. nfl commissioner roger goodell really wants to take a lead on this issue. i just want to say one thing. i'm not saying nfl fans don't believe in social justice because many of them, many of them do. but here's the problem that they have from this standpoint and this could really affect tv ratings and the ability to sell advertising. the last time the nfl flirted with social justice a couple years ago, when fans -- when players began to kneel, fans boycotted the games. not just at the games, but mainly watching it on tv. ratings went down significantly. this is where i talk to a lot of nfl executives. while they are all for social justice, they are all for, you know, some sort of political expression, many of them support taking one knee in the past. they are saying listen, we are playing with fire here. not only do we have half the revenues because the gate is not going to be there. we depend on tv now.

we depend on ratings. what happens if the nfl fan, which by the way, liz, skews conservative, skews military, conservative and now, what happens if that nfl fan gets turned off by the political nature of what roger goodell has announced he wants to do? i'll tell you, that is clearly an issue and people are talking about it. so the nfl from a business standpoint has got many many hurdles this year. clearly the covid epidemic cutting fans is a problem. another problem will be, and it depends on how, you know, we got to see how this whole -- is every game this year going to have some sort of social justice theme, and do fans react not tuning in. it is clearly an issue. i'm telling you, i spoke with many nfl executives on this and they are really worried that roger goodell is going to embrace this too much, and the typical nfl fan which must watch, now, remember, it's not

just the season ticket holders who kind of got to go, it is you got to convince people to watch tv. are they going to get too turned off by the politicization of the game. again, many nfl viewers, obviously they are for social justice. they probably just don't want politics mixed with their football. they didn't the last time this occurred when players were taking one knee. it's clearly an experiment going now and it could impact ratings and obviously, if that happens, ad dollars for the nfl. back to you. liz: that's kind of interesting because the nba players all have social justice messages and i'm hearing a lot of people watching those nba games. charlie: i heard the ratings, to be honest with you, the ratings for the nba were not that great. i'm telling you -- liz: well, last night, the celtics -- oh.

they cut charlie off. all right. here's the president. he is taking questions at the moment. let's listen in. >> -- because he thinks that, you know, you don't want to have anybody that is going to suffer medically because of some fact, and he didn't report it because he didn't think it was bad. nobody thought it was bad. wait a minute. wait a minute. and your question, the way you phrased that is such a disgrace, it's a disgrace to abc television network, it's a disgrace to your employer, and that's the answer. you ready? because -- reporter: i -- >> of course i do. of course i do. no, no. reporter: you went out and told the american public that this was just like the flu. >> let me tell you something. reporter: you told everybody else something else. >> five times, right, five times. ever hear the expression five times? we've had flu years where we lost 100,000 people. the flu is a very serious problem for this country also. we have been losing them. scott, what kind of number have we lost over the years with flu?

into the hundreds of thousands. >> i mean, the last five years, it was something like 35,000 per year every year even with antiviral drugs. >> flu is a very serious problem. reporter: this is worst, deadlier than the most strenuous flu, then you went out and said it's just like the flu. >> what i went out and said was very -- listen, what i went out and said is very simple. i want to show a level of confidence and i want to show strength as a leader and i want to show that our country is going to be fine one way or the other, whether we lose one person, we shouldn't lose any because this shouldn't have happened, this is china's fault, this is nobody's fault but china, china should not have allowed it to happen. whether you have one person, 180,000 people, or two and a half or three million people which it could have been very seriously if we didn't make the moves, and when you look at the opposition, where they said oh, why did he put the ban on. dr. fauci said we saved hundreds

of thousands of lives by putting the ban on china. and then ultimately putting the ban on europe. there was no lie here. what we're doing is we're leading and we're leading in a proper way and frankly, if somebody else was leading it, they wouldn't have closed it. if you look at nancy pelosi, you look at cuomo, you look at deblasio, you look at biden, months later, they said there's no problem. they're talking about me. months later. and before any statement was made, you have to remember, i put the ban on china so obviously, outwardly i said it's a very serious problem. and it's always a serious problem. that doesn't mean i'm going to jump up and down in the air and start saying people are going to die, people are going to die. no. no. i'm not going to do that. we're going to get through this and we're right now, i hope, really think we're rounding the final turn. and a lot of good things are happening with vaccines and with therapeutics. but there's no lie and the way

you asked that question was very disgraceful. i think we did a great job. and the people that did, our generals, our admirals, mike pence, all of the people that have worked so hard and now dr. atlas, dr. fauci, dr. birx, they should be respected for the job they've done. reporter: so you won't downplay it again? you said you downplayed it. that's what you told -- >> no, i don't want to jump up and down and start screaming death, death, because that's not what it's about. we have to lead a country. we are leading a great country and we are doing a great job. and the people that have done such a good job should be given the kind of credit that they deserve. we possibly have de the best job, when you start looking at what we're doing with the vaccines and therapeutics and ventilators. we had no ventilators, john. we make thousands of ventilators now a month and we're supplying them to the whole world. the job we've done is the best job and don't give me any

credit. give the people that have done this the credit. they have done a great job. yeah, phil, go ahead. reporter: mr. president, you talked about the need to stay calm and not jump up and down and scare people. a lot of other world leaders were calm, german chancellor angela merkel was very calm as she presented information to the german people so that they could stay safe and protect their families. so why with you as president of the united states, did you not level with the american people, did you not share information that you knew at the time? >> you already know what i'm going to say. if you look at the european union right now, they are having breakouts like you've never seen before and frankly, their numbers are at a level that are much worse than the numbers here. phil, we have done much, much better than the european union. i just read you numbers that are not good on their behalf and that are very good on ours and we have rounded the final turn and we have -- we are going to have vaccines very soon. maybe much sooner than you think. listen, maybe much sooner than

you think. but we have done a phenomenal job. and the people that have done this job, including the american public that's had to put up with a lot, with the lockdowns and all of the things they had to do, they have to be given credit. they have to be given credit. reporter: you knew the virus was airborne, you knew on february 7th, you told bob woodward how it transferred from person to person in the air, how deadly it was, why did you not come to the podium and -- >> let me ask you this. bob woodward thought this was bad, this is stuff everyone knew, there's a report i have here some place where china said it was airborne earlier than the statements i made. people knew it was airborne. this is nothing -- this was no big -- when i say it was airborne, everybody knew it was airborne. this is no big thing. reporter: why did you not say that in february? >> read the reports. china came out with a statement that it was an airborne disease. i heard it was an airborne disease. i assumed that early on. the fact is there has to be a calmness. you don't want me jumping up and down screaming there's going to be great death, there's going --

and really causing some very very serious problems for the country. if bob woodward thought what i said was bad, then he should have immediately right after i said it gone out to the authorities so they can prepare and let them know. but he didn't think it was bad and he said he didn't think it was bad. he actually said he didn't think it was bad. reporter: bob woodward is not the president. >> the only one who thinks it was bad are the fake news media because they take it and try to put it a certain way. if bob woodward thought it was bad, then he should have immediately gone out publicly, not wait four months. you know he's had that statement for four months, maybe five months. he's had it for a long time. it was a series of taped interviews mostly by telephone. quick ones. not long ones. quick ones. and i did it out of curiosity because i do have respect and i want to see, i wonder whether or not somebody like that can write good. i don't think he can but let's see

reporter. mr. president, we're 50 days out of the investigation and we haven't seen a lot out of the durham investigation. do you have confidence in the investigation. president trump: i can't tell you that. i have to see. i'm not involved in it, i purposely stay uninvolved. i'm considered the chief law enforcement officer of the country. i could be involved if i want to. i thought it was better if i wasn't. i thought it better if our great attorney general handle it durham who is very respected man. i can't tell you, i can tell you this, they lied. they cheated. they leaked, they got caught. they spied on my campaign. never in history has there been anything like this. and i guarranty you if the roles were reversed, i was on the democrat side people would have been in jail at the very highest level. people would have been in jail for two years already. nothing like this has ever

happened, the term would be for many, many years because it is treason and other words can be used also. reporter: do you think there should be more indictments as part of this investigation? president trump: what i read in your wonderful papers. discuss looking at the media, not even what i know, i think comey is a disgrace to our country. i think strzok who just wrote a book which is a total fake is a disgrace. i think page, lisa page, his lover is a disgrace to our country. i think that when you look at mccabe, where his wife got $700,000 in campaign contributions from hillary clinton, right? and then hillary clinton is under investigation and yet she paid the head of the fbi, one of the top people, but actually the head because he took over for the other guy who fortunately i fired him. made a good move when i fired him. that was a smart move. because they were looking to take down this administration,

duly-elected administration. so i fired him. that was a great move when i fired him. maybe if i didn't i wouldn't be talking to you here as president. when mccabe's wife gets $700,000 in campaign contributions, when she was running for whatever office she was run in virginia, yet he is in charge of the investigation of hillary clinton. he said i wasn't really in charge. he was total in charge. he knew exactly what was going on. these people got probably in the biggest political scandal in the history of our country. they got caught. now what the durham report is going to say i can't tell but if they say half as much as i already know, just from seeing it, you know, you have people, i watch some of the shows. i watched liz macdonald. she is fantastic. i watched fox business. i watched lou dobbs last night, sean hannity last night. tucker last night. laura.

i watched "fox & friends" in the morning. you watch these shows. you don't have to go too far into the details. they cover things that are, is really an amazing thing. they got caught in the biggest political scandal in the history of our country. they were spying on their opponent's campaign, not only spying they were making up fake dossier's. the dirty dossier. they were making up the -- it was all made up, it was all fiction. it turned out to be fiction. they were using that in the fisa court, this revered court. it is not so revered anymore. you look what they did, how they played it. they hurt a lot of people. general flynn is being hurt and being hurt very badly. he is a wonderful person. i have spoke to general milley about general flynn two weeks ago, i said what do you think of general flynn? he is a great soldier, sir, he is a wonderful, wonderful human being. he has been destroyed.

he has been destroyed. no, i think this, without knowing anything about what durham is going to release, the durham report we'll call it, or maybe it is going to be more than a report, maybe it will be much more than a report. maybe it's a report or maybe much more than that but when i look at the things that everybody in this room knows, just from reading about it, from yourselves back and forth i think it is a disgrace to our country. i think if people don't pay a very, very substantial price, it will happen again. this should never ever happen to another president. thank you very much. thank you. [reporters shouting questions] connell: president trump in the brady briefing room in the white house, taking questions from reporters, mostly on the new book out from journalist bob woodward. we'll have plenty of time to go over in detail. as the president