♪. ashley: all right, earlier we asked you, what is the most popular diamond shape for engagement rings? i have no idea. lauren, what do you say? lauren: going with round. i feel like everybody i know has a round diamond but that also seems too obvious, but round. >> oh. i was going to say princess. let's get to the answer. you are right, lauren simonetti, it is round. according to the knot 41% of brides-to-be have round diamonds. "coast to coast" is next. neil: we interrupt this market

fixation over what the federal reserve will do in may to focus on what china is doing right now. it seems beijing is increasing by the day the number of warships and warplanes it is sending toward taiwan. china is calling it a large-scale exercise. it is anything but. in fact, apparently china is simulating ceiling off taiwan all together. it actually effectively has. all of this in response to taiwan's president meeting with speaker kevin mccarthy in california last week, what has been a steady wave of u.s. delegations to taiwan over the last few weeks. the latest just this weekend. so markets are handling all of this in relative stride but u.s. politicians are not. meet one of them. house armed services committee member cory mills. he is here to say enough. so is former white house budget director mick mulvaney who says ha in light of all of this maybe the president's defense budget increase won't be nearly enough.

bitcoin brainiac brock pierce, why so-called rogue investments don't look so rogue or unwise right now. welcome, everybody, i'm neil cavuto. glad to have you on a busy news day for the markets and the world. what they're planning an cooking up on capitol hill to deal with the latest chinese provocations. chad, it seems to be building. what do i make of it? >> reporter: military exercises by china are in response to a bipartisan congressional delegation visiting taiwan. the taiwanese president recently met in california with speaker kevin mccarthy. u.s. lawmakers say we should do everything possible to bolster taiwan against a possible invasion from china. would the u.s. public support the u.s. getting involved in shooting war? >> the defense argument with congress i could would be very much open to using defense

forces to defend taiwan because it is in our national security interest to do so. >> reporter: taiwanese leaders suggest china is involved in psychological operations. it's gambit to convince taiwan the u.s. would not help if it came to war. >> this is a real good question and this is the narrative the chinese want to implant into the brain of the taiwanese. this is cognitive warfare. chinaish initiated to tell the chinese people not to trust the united states. if you don't trust the united states who would you trust? >> reporter: the question most americans have is why they should care so much about taiwan? the u.s. and the rest of the world relies on taiwan for computer chips. >> we have very real mutual, economic and security issues that need to be discussed. what i don't want to see is this escalate into another confrontation or into a war kind of situation.

more than 40% of the chips in the world were made in this country. now we're down to less than 12%. >> reporter: when congress returns next week there is a push to get taiwan more weapons. there is currently a book log of $19 billion in weapons which taipei bought from washington. neil? >> chad pergram on capitol hill for that. now to cory mills, florida republican congressman sits on crucial committees that deal with this including house armed services, house foreign affairs. congressman good to see you. sir, noticing ahead of your our interview with you, if you count fighter jets, firing missiles into the sea that has been going on every day almost by the hour. i'm wondering, it is accelerating, it isn't easing. how do we deal with that? >> neil, thanks so much for having me. you're exactly right. on multiple occasions china gone into taiwan strait, violated the

median line. this is an agreement where taiwan and china kind of had the standoff demilitarizatin zone and china continues to do because they smell aggression basically invited by our weakness. they see what happened when it came to the afghanistan botched withdrawal. we have to be cautious one, demonstrating strength and going forward with our exercises with the philippine military and also insuring we don't put ourselves into a position, where the provocateur, china, which results in actual warfare. we need to recognize chairman xi is out to build his own hegemony. he wants to attacks us not through kin at the time nicks but economic warfare. he is trying to seen in his recent meeting with president macron in france they're trying to look at removing or decoupling from the u.s. dollar. this sult matley chairman xi's job, try to do the road and belt

initiative to block and knock off western hemisphere supply chain, increase taxation and tariffs in the panama canal, then utilize the communist agenda with chavez and venezuela, with colombia, hondurans who separated from taiwan and cuba to go ahead encircle america buying our pham lands and u.s. lands around military bases this is a multiprong attack. we need to decouple and get back to energy reliance and stop depending on china. neil: isn't that the problem, congressman, we do a lot of business with china, china a lot of business with us. they're clearly taking advantage of that situation. are you prepared, your fellow republicans prepared, to tell the american people we'll start cutting off a lot of ties, you will feel pinch and pricier goods, hard to find goods, are you ready to do that? >> well i think we have to start looking at, we do have a 750 billion-dollar trade that is

set up between china and u.s. i feel we need to it look at onshoring jobs. look investing into gross domestic production. we need to look around, get being waivers to epa rules that try to block us. we have not had a refinery in 1976 so i am prepared to separate to a nation which is out to destroy america. who is trying to poison us through cultural warfare -- neil: i get a sense, congressman, get a sense from china they don't think we'rer. >> doing that that we don't have the guts to all of sudden, really, really sever or dramatically diminish these joint projects, this business that we have between our two countries because they think we need, need it to long, need it to too much, americans will never do that, because we need them more than they need us. what do you think of that. >> you're exactly right, neil. in the biden administration they

don't have the appetite for decoupling. during one of my committees i asked the undersecretary of state that china would be adversarial nation rather than just competition given economic resource and cyber warfare. this nation spends, steals, billions of dollars from american businesses every single year. i can tell you they may not have the appetite america needs to get back to secured borders and increase in the gross domestic production, where we can no longer cut our way to prosperity. as former business owner i can tell you only way we supersede this increasing domestic production here at home that comes with onshoring, getting control of our workforce shortages and making sure we take a strong stance against adversarial nations such as china. neil: while i have you, sir, seeing you have a role on crucial committees here, this leak gone into the details what we were providing ukraine and intelligence involved, how we were countering, maybe

potentially spying on our allies, what they were doing, do you think you will whoever released that should be punished? >> whoever released that should absolutely be punished. i think it is disturbing that the dod continues to have these leaks or these cyber breaches and remember we also saw during the 2022 elections where the united states air force was releasing conservative incumbent and conservative candidates to democrat opposition. so we need to be very mindful of what is going on because this not only endanks of lives of our allies and our intelligence communities and those abroad. this needs to be held to the absolute brink of law to try to bring these people to justice. neil: what if it were some of your own colleagues, sir, on the republican side of the aisle who were are, are not keen on continuing to fund the war effort in ukraine? >> well i think that we would have to look at the fact this war has been handled wrongly

from the beginning. we should have been in 2014 utilizing budapest memorandum, doesn't have teeth but a a international treaty violation with the russia, uk and northern ireland. this really impacts germany, and and italy who do this day does not pay 2% of gdp -- neil: i understand all of that, sir, i understand all of that, you're quite right, very accurate with those figures. i'm saying if it were some of your republican colleagues who are not keen on financing or at least financing as much without closely checking what is being financed would you feel the same way about punishment? if they were behind the release of some of this vital material? >> well i will be the first to tell you i'm not for funding a tremendous amount of money keeping an open checkbook to ukraine regardless if it is republicans, regardless if it is democrats, if it is an american they should be punished to the e

greatest extent, violation of breach of our security and top secret documents should not be taken lightly. neil: got it. congressman, thank you for taking the time. we appreciate it as always. mick mulvaney joins us, former acting white house chief of staff, former omb director. mick, as we were chatting today, defense spending when you include inflation it is not an increase. given these latest developments particularly with china should that number be ratcheted up for defense? >> yeah. neil, i listened to your introduction where apparently i was getting on here to argue for even more defense spending which means you don't know me very well. i've been believing a long period of time money is not the issue here. money was not the reason that we botched the afghanistan withdrawal. money is not the reason that we have the issues we have in ukraine. there is plenty of money. i cringe when i hear people say, if we're going to defend taiwan we need couple hundred billion

dollars. we're only couple years away spending a trillion dollars a year on defense. i don't want to look at this as an excuse to simply we care a lot about this subject so let's spend a lot of money. we can project power in a bunch of other ways. we can project competency and commitment in a bunch of other ways rather than plussing up the number. keep in mind accurate fact in introduction, $19 billion that we're behind in delivering to the taiwanese. that is not an issue of plussing up our budget. it is a issue properly spending money we already appropriated or they already spent with us. do not count me amongst those who say we solve this by simply spending more money because that's, if that was the only if we could solve problems that way we wouldn't have any problems. neil: well, you raise a lot of good points right there. i would be curious though what you make now of where we stand with china? i always say it is easy to talk tough with china.

they do take advantage of us. you have of course outlined this back to your days in congress. there is no mystery to what they're doing but i rarely find you know a public official who will go the extra mile to say, and warn or prepare to warn the american people we're going to have to get tough and you're going to have to get pay for it. in other words you will pay more for a lot of goods you're used to getting, more china surrounds taiwan, the more china keeps this provocative behavior going you can't reward it, that we have to suck it up to deal with this, what do you think of that? >> you asked the exact right question of the congressman mills, is the public ready, if 2 comes to that, ready to pay more or certain goods hard forget. the answer if they're not there already, they're getting there. keep in mind washington most of the time doesn't lead. it sort of follows. one thing that you sort of got bipartisan support right now in washington, d.c., is the

antipathy of china. that is not coming from the top down. that is what folks are hearing back in the their districts. donald trump did a lot to activate that movement in both parties when he ran in 2016, first president in a long time to take a skeptical view of china. if the american public is not there, they're getting there evidenced by the fact that washington is getting there as well. neil: you know, the thought has always been as you know, mick, that we don't want to hurt ourselves and we don't want to hurt our business interests, so we don't want to do anything that shatters that. which is why you hear tim cook in china talking about continued relations, make more iphones in the region. you hear elon musk expanding the manufacturing commitment. what do you think of those two guys leading this effort, not to break away from china? >> yeah. i don't want to single them out. i will tell you that there was a steady stream a steady stream of

fortune 500 ceos coming into the white house when i was there we were being too harsh to china. i think we have to recognize, neil, corporate america, is a couple of places where their interests are not entirely aligned with the national interests. quarter to quarter sort of management and not taking a longer-term view is different i think in corporate america than what it should be in washington, d.c. this idea that you know, in the long run might be good for corporate america to sell some more iphones this quarter but where does that leave us as a country five and 10 years down the road? one of the natural forces against the decoupling will be corporate america. that's fine. that's part of the debate. it needs to be part of the debate. i think we need to realize the united states chamber of commerce is not entirely aligned with where the rest of the country might be dealing with china and that needs to be part of the debate. neil: mick, while i have you

here, i ask a political question, you're always patient with it, chris christie over the weekend said, donald trump, your only boss is the only guy who could lose to joe biden. i think -- can you still hear me? >> loud and clear. neil: okay. all right, what do you think of that? that donald trump as the nominee would be a certain loser? >> i'm glad that chris christie has been listening to me for a change. i have been saying that for six months. i think donald trump is uniquely situated that would be the only republican to lose to joe biden. why do i say that? not because i hate the president? folks accuse me of that. it is objective analysis. if donald trump becomes the nominee the 2024 election become as referendum on trump trump same way 2020 was. it won't make any difference who is on the other side of the ticket. folks will either vote for trump testimony or against

donald trump. i said at the very few people at beginning could beat donald trump in an election, is donald trump. why i think he loses that personal referendum. he is uniquely situated to lose to any democrat 2024. the party would be better off with a different republican at the top of the ticket. i don't think any other legitimate candidate has legitimate chance of losing to biden given the numbers. neil: you have always been saying that. mick mulvaney, good chatting with you. >> thanks, neil. neil: you know knows protests last week in nashville, disruption in the state house? one of them could be put right back in. we'll explore and explain right after this. dad, we got this.

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you can almost feel the drag when people walk by with their phones. oh i can't hear you... you're froze-- ladies, please! you put it on airplane mode when you pass our house. i was trying to work. we're workin' it too. yeah! work it girl! -woo! i want to hear you say it out loud. well, i could switch us to xfinity. those smiles. that's why i do what i do. that and the paycheck. ♪. neil: all right, expelled last week. maybe a couple of them put back in this week? maybe that is an aggressive timeline. charles watson from nashville, tennessee has an update for us what is going down there own those well, very vocal democrats, sir? >> reporter: good afternoon, neil, it is certainly a possibility. two expelled democratic lawmakers say they will run for re-election. in the interim they would like to be reappointed to their now

vacant seats until a special election is held. >> i would be honored to accept the appointment of the shelby county commission, and run in a special election. >> yes, and yes. we'll continue to fight for our con still went. >> reporter: reappointment could happen as soon as today for justin jones, nashville metro council could reinstate jones at a specially called meeting if a vote moves forward this evening. across the state the chairman of the shelby county commission, that voting body will hold a meeting on wednesday to discuss the reappointment of justin pierson in his seat. in a statement, the chairman said he understands the need to punish those who break rules but he believes the quote the expulsion of state representative justin pearson was done in a hasty manner without moves of other correction. this followed a gun reform demonstration that they held

with fellow democrat gloria johnson. they say the protest was disorderly. but they say it appeared racist but that johnson who is white was not expelled. those on the other side of the aisle say that is not. >> gloria johnson apparently convinced people enough to say she was not a very active participant, to imply that it has anything to do with race is really, really untrue. >> reporter: yeah, neil, we do expect protests to start back up here in nashville just as lawmakers go to the tennessee statehouse as a session is restored again. in fact there are a small group of people behind us off in the distance already holding signs. neil? neil: all right. charles, thank you for that. lee carter, i want to go to you on this. she is a gop pollsteri'm going

to address the president seem close to running for the white house himself again. this whole issue what is going on in tennessee, lee, you don't mind i want to marry this back and forth on abortion pill one area, and another judge said the opposite, these issues are resonating, rally democrats, progressives, more to the point. what do you make of them? >> well i think you're making a really, really important point. if you look back what happened in the midterms abortion was one of the rallying cries that really helped the democrats stop what was expected to be a red tsunami. if you look ahead at 2024, where all numbers for joe biden and democrats are really bad on issues that matter most, like the economy, like his job performance overall, basically under water under every category, under 50% approval on every single category yet you have two issues that are very,

very important to most americans, that is abortion and gun control. these two issues are very, very slippery slope for republicans because the other thing that we have to keep in mind, even republicans in many cases support some rules on gun control, not all but some limited rules on gun control. when you have school shootings and you're trying to make a statement in this moment you're going to get people more activated. the other thing really concerning democrats polling numbers are not that enthusiastic for joe biden this is the kind of thing that gets them energized and motivated. when you have these kinds of things coming out, like you have the abortion pill rulings, expulsion of state legislators over protesting on gun control that will get democrats motivated to vote. that could really hurt republicans in 2024. neil: that it rallies the base. the president himself seemed to

touch on that whole race where he stands. this was from earlier this morning outside of the white house with al roker. take a look at this. >> are you saying that you would be taking part in our upcoming election in 2024? president biden: roll an egg, being the, you know, the guy who is pushing them out. >> help a brother out. make some news for me. president biden: i plan on running out but we're not prepared to announce it yet. neil: that is the closest i have heard him to running. he seems to be definitely running to me, lee. you're the expert. what do you think? >> i think he is is but i think he is smart to kind of keep it ambiguous at the moment for a couple of reasons. one, the more he is running, the more he will have to be out in front, the more he will have to be campaigning. he is not a great campaigner in this moment. he needs to keep his head down, doing his job, getting other people to speak for him. that is one of his key strategies. he talked about some about

tiktok influencers and other young people talking about issues. it will not be him front and center. i'm not sure that is a wrong strategy for him. we can discuss whether or not it should be on tiktok. he will run more through surrogates than himself. that is why we'll not hear about him running. you think about what he did in 2020 he ran a very quiet campaign. some said he ran it from the basement. he was not out in front that much. i think it served him very well. and so i think he will do the same thing this time. neil: got it. lee carter, thank you. >> thank you. neil: all right. as really getting enmeshed in the second quarter of course it is going to be pretty soon first-quarter earnings season expected to be a very soft earnings season which is why you're getting a lot more attention to so-called rowing investments. remember gold hit a record last week. bitcoin in and out of the 28, 29,000-dollar a coin level. brock pierce on what is driving

all of this after this. ♪.

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neil: all right. i don't know if you put much stock in sort of teases, all of that, the strongest hint from the president of the united states he wants to sign up for another four years as president of the united states is during the easter egg roll going on at the white house today, hinting with al roker, almost out right saying that he is going to run. just a matter of timing when he officially announces. i want to kick that off with my friend brock pierce. you know him as futurist, very big into bitcoin, some alternative investments, very able entrepreneur. he ran for president as an independent candidate back in 2020 and i was thinking of you, brock, when i was thinking of the president, he intends to

run, craziness with the republicans, whether donald trump could be the nominee, indictments notwithstanding, it could be an opening for a third party candidate. i think of no labels party building steam in arizona, elsewhere. are you interested in signing up for another run? >> i'm paying very close attention. i was in austin, texas, last week for the international convention which is a big tent, bringing people together from all sort of ideologies and backgrounds as i like to say, all the colors of the rainbow and we're having those conversations. i'm paying close attention. as you may have seen robert kennedy, rfk, jr., announced his run for president on the democratic ticket five days ago. i think the indictment and arraignment of trump have given himself tremendous momentum for the republican primaries. it is super interesting, having run in 2020 as exploratory mission i'm open to showing up serving my country any way possible but i'm not attached to

my role specifically. i just care about our future. neil: all right. when you look at marianne williamson, robert kennedy, jr., there could be others joining that fray. there are half a dozen republicans looking to vie for that flom nation. you know a lot of people are a little bit of both, they're a lot of people are conservative, have a liberal bent, a lot of liberal have conservative bent i don't know where you are, brock, you were seeking out alternative way to the traditional two party system. it is very hard to break that lock, those two parties have on the electorate. do you think anything, whether you enter a race or not will change in 2024. >> well i certainly think if ever it were going to happen this is the potential ideal moment for it. clearly change is probably necessary. i think the historical fact to look at is abraham lincoln. he created a coalition of rivals

to win presidency as third party candidate. republicans at that time, pulled all fringe groups got them to align around a single purpose t was successful. i think it were to happen something similar would have to be repeated. neil: you mentioned rightly in 1860 what lincoln did. that was an outside party at the time. people of no labels, no labels, no adherence to either party, they're looking, apparently going to plan on looking for interested candidate. they could have quite a fight eager to fill that role. what do you think of that? >> i'm a fan of everything they're doing, making sure there is ballot access for a potential candidate. if i get recruited to be one of those candidates i care about our future. if that is what is asked of me i will take it under serious consideration. i was with some of the no labels people. i spent a lot of time in

washington, d.c. i will certainly be a the past these conversations, happy to serve, whether it be janitor or president of the united states if necessary. neil: i think you might be able to do a little better than janitor, just my gut telling me that but let me switch gears to crypto investments and the like. i have noticed, brock, between gold, which hit a high, bitcoin weathered all the crazy blows thrown at it in the crazy stock market and all, particularly what is going on with bitcoin. china working with russia, iran, all these others to come up with a basket of currencies to rival the dollar or you know, make china's currency the rival to the dollar. it is picking up steam. i'm wondering if that is behind some of the relative strength we've been seeing, not only in gold, certainly bitcoin, a lot of crypto investments. what do you think? >> well i definitely think that you know, these conversations, this is a big deal, the idea that brazil, russia, india, china, south africa, potentially

other nations that could get behind a dollar alternative is a huge deal. we're seeing an impact on gold and crypto as a result of it. it is word talking about one of the projects i co-founded, tether, in 23022 it did $18.2 billion in transactions and settlements. that is both bigger than mastercard and visa. it is driving demand in the u.s. dollars. future economic systems, cryptocurrency industry settles in u.s. dollars which i think is a huge advantage for the dollar. i think something that is important for pour nation's reserve status and clearly very relevant with everything going on in the world. it is driving demand for u.s. dollars around the world at a time when we probably need it. neil: so bottom line, people who are trying to stamp out these rogue currencies a lot of them call bitcoin, some others, in a way, this has kind of

strengthened interest in the dollar and the fact you need dollars to buy them? >> yeah. so we often try to be so binary, look at blue and red or red and blue, black and white. the world is much more complicated than that. there are definitely aspects happening within the cryptocurrency or technology industry that is very good for the u.s. and very good for the u.s. dollar. i'm a big proponent ever supporting our country and our collective future. i'm constantly making the case on capitol hill as to why this is important. the future shouldn't be political. the foot is going to happen to us, or with us, and technology has a role to play in our collective future. i want to make sure america is a big beneficiary of this change. neil: brock, always good catching up with you. thank you very much. >> thank you. neil: all right. brock pierce. meantime here, the betting on raising interest rates as soon as the next may meeting. used to be unthinkable in the

middle of the whole banking problems and svb thing, silicon valley bank thing, now better than 60% odds we're told that at the may meeting they hike rates. the fed does it again. i wonder what diane swonk thinks about that, the kpmg chief economist any will ask her after this. ♪. cole hauser is an award winning actor who has starred in good will hunting too fast, too furious and the current hit show yellowstone. beyond his impressive career, he is a proud supporter of the tunnel to towers foundation.

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>> i got this, no problem. oh. whoa. >> come on mario, our big adventure begins now. >> get it off, get it off. neil: a lot of people went to see that movie, better than $377 million worth of tickets, selling for super mario brothers, the biggest smash of the year. i couple that with the unexpected gain in jobs,

236,000, a million jobs over the last three reported months. i throw a question to my friend diane swonk, kpmg, chief economist that is a good economy. people spending that amount of money going to a movie, certainly what we see on the jobs front. die can, i do have a purpose to this long-winded question, that the federal reserve should continue tightening rates. what do you think? >> well you can argue it. we're going to get some hot inflation data as well. not we've seen the decline in over all prices at the pump which is great but that has been redeployed to go to movies, consume services. services inflation is expected to actually accelerate. that is something over half of inflation in the u.s. economy, that the fed really cares about. it is getting sticky. so the fed is concerned about that. i do think, the fed has done their own work on this. they see the service sector much more resistant to rate hikes than other sectors of the economy. by definition if they want to

take out service sector inflation has gotten stickier, they have to overshoot. that said i'm concerned about the tightening already in the pipeline. we're likely to feel over the next six to 12 months as credit conditions tighten in response to recent financial market tour turmoil. i think that we'll see the fed discuss a bit in their fold minutes. before the meeting, jay powell corralled the cats, they were ready to pause at the march meeting up to two days before the meeting occurred. i think that is important to remember. the fed is very cognizant, people that read, people like me, will parse every single word in those minutes. because of that they will want to show their confidence and resilience in underlying economy even as they combat inflation. neil: well, diane, not the fed futures contracts are necessarily accurate all the time. you for now the betting is 60%

plus. we'll see another quarter-point hike at the may meeting. concerns about a bank meltdown, systemic problem akin to the last melt down would be repeated, apparently have worn off. i don't know if that is accurate or not. we're back to aggressively raises rates, even if they risk overshooting it but your thoughts? >> i do think they risk overshooting. i am concerned this is not a one-off. that you know, the rapid rate hikes, the fed has tried to divorce rate hikes and combating inflation from financial stability. we know that they're intimately intertwined. in fact rapid rate hikes reveal and exacerbated financial market fragility. i think that is important to remember. so in their effort to try to walk this very fine line, let's face it, we know historically, neil, we go back a long time, the fed has used rate hikes to stablize financial markets but they're walking a fine line not

wanting to reflate or add to inflation in an already persistent and pernicious inflation economy where you could risk a much more prolonged and corrosive bought of inflation. it is already starting to look pretty sticky. that said, that means the odds are stacked against an overshoot, i think for an overhoot in terms of rate hikes and a recession. it is very hard for the fed, nice for them to say we'll get a mild recession and you know all things will sort of come up, you know, rainbows but the reality is it is very hard to calibrate what happens when you start to lose jobs and the squeeze really starts to kick in. there is not a cliff event. but we can't rule out a financial crisis, a larger financial crisis which the fed is very cognizant about as well. neil: you keep parsing their words. love the way you do it, thank you, diane swonk, chief economist at kpmg. meantime here let's check in with taylor riggs what is coming

up on "the big money show" after this one. taylor: a little something for everyone. we're looking at desantis still taking on disney. we're looking at rising tensions between china and taiwan. tesla, thinking about all the big money, tesla looking at another new factory in china. what it means for your money coming up at 1:00. first, more "coast to coast" next. ♪. you can't buy great conversations, or excuses to unplug. you can't buy possibilities, and you can't buy moments that matter. but you can invest in them. at t. rowe price we believe your investments should work harder for the future you imagine. and that's where our strategic investing approach can help. t. rowe price, invest with confidence.

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>> i love the city. and it is becoming more and more disturbing to live here. >> makes me want to move to another city. i mean, no way to live in fear all the time. neil: you know it is not only the murder of that cash app creator just last week, but the city's former fire commissioner was also attacked with a crowbar, expected to recover but still in the hospital i believe. but it plays out in a lot of major cities, chicago, new york, where so-called good neighborhoods, safe neighborhoods, people you never think would be targeted by crime are indeed targeted by crime. matt whitaker, former acting

u.s. attorney general what he makes after disturbing national trend. always good having you, matt. house judiciary committee wants to go on a tour, go into cities, new york, for example, talk to victims of crime, what have you, we seem to have more of a sympathy or tension to those who perpetuate crimes. i wonder where all of that goes? >> yeah, well it is good to be with you, neil, and happy monday. from what i can tell is, many of our major cities have adopted you know, policies that are inconsistent with their own citizens safety and you know i think a lot of people that live in these major cities have seen an increase in crime. i think you have also seen in places like washington, d.c., san francisco, an increasing homelessness. a lot of those home less have mental health challenges, substance abuse challenges, that go untreated. i think that is where the

intersection of a lot of these social ills in our major cities happen. but the bottom line is, in chicago, for example, they're now going to experiment with the new mayor sending social workers to domestic violence calls. i think that is very dangerous. i think the police obviously have an important roll policing, doing their jobs but as we see a roll back of policing, where the political class not supported the police, you seen enhanced increasing rise in violent crime. you're now seeing horrific cases. they will only connell we get back to the prosecution of crimes not as serious but but lead to the denigration of the quality of life in these cities. neil: you and i discussed this in the past, people who are afraid to come back to work, working remotely. doesn't covid thing that jars

them, the present day crime thing. as you see it happen in neighborhoods like san francisco, didn't happen, nothing to the the degree of happening. i remember story of mcdonald's looking outside of his own building to see a worker getting mugged. this has played out again and again, i think that has changed the needle on this. what do you think? >> i think it absolutely has. certainly, you know, if your choice is to work late or live, i think that is an entirely different calculation than maybe it used to be. but the bottom line is, you're going to see to the intro to the story, neil, you will see people moving, using their feet, instead of voting against these policies they are going to move. people that can move are going to move. they will choose quality of life. they will choose public safety. they're going to leave these major cities. that will obviously lead to all sorts of challenges. budget shortfalls. they will have to cut budgets.

hopefully they won't take it out of policing but they often do. that is what you're going to see, is this kind of a death spiral of some of our major cities because the policies just aren't conducive to quality of life. especially when a lot of people can work remote, especially white-collar workers you talk a lot about on your show, neil. i think you will see those folks decide they can work from anywhere. they will choose not to live in places like san francisco and chicago. neil: yeah, we all want to make a living but we all want to be alive when push comes to shove. matt whitaker, always learn a lot having you on. thank you, sir. >> good to see you, neil, thank you. neil: matt whitaker, former acting u.s. attorney general. corner of wall and broad kind of quiet right now. we're starting the second quarter, have been for a while but now we're starting to get and will get first-quarter earnings coming out. that is a slow process but it is expected to be a painful process that year-over-year will likely see overall numbers decline, close to 7% from where they

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neil: all right, stocks kind of holding their own, right now up about 46 points on the dow. technology the doesn't know what to make of all these currents back and forth. let's go to the taylor riggs