tv Cavuto Coast to Coast FOX Business April 25, 2023 12:00pm-1:00pm EDT
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we're all play this. muhp youd in show the answer. >> 20. number three. stuart: ash what you got? >> either that or 24. i go with 24. stuart: i'm going with murph, a professional in the business. say 30. 20, 20. official currency of europe 1999 and 20 countries use it. mike, you're wonderful, you bailed me out so many times it is not even funny. thanks for being with us. my time is up i've been afraid. a difficult hour but we got through it. "coast to coast" starts now. ♪
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"mama mia." here we go again. we have team coverage with edward lawrence how biden is hitting the road to tout his economic agenda. our panel of experts on big issues from inflation to crime. why most americans say we don't want a repeat election. later this hour, sean duffy how the hunter biden probe may impact the election. senator bill cassidy, why he is worried about biden's pick to lead the department of labor. a busy hour ahead. welcome, everybody, i'm david asman in for neil today. let's get started with edward lawrence at the white house. hi, edward? >> reporter: the president just left the white house to go speaking. he likes to talk about manufacturing. he will make a speech to union members here in d.c. but the
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fact is manufacturing actually lost jobs in each of the last two jobs reports. the re-election announcement, in the announcement the president didn't talk about manufacturing. president biden making the early part of this campaign about saving democracy. president biden: that is why i'm running for re-election because i know america. ♪. i know we're good and decent people. i know we're still a country that believes in honesty and respect and treating each other with dignity. that we're a nation where we give hate no safe harbor. >> reporter: here what americans have seen under president joe biden. inflation peaked at 50 year highs. coming down but stickier than first thought. forced transition by president the cost of energy is up 24% since president biden took office. the cost of food is up 18% since the lack election. president biden depleted the strategic petroleum reserve by more than 40% in two years.
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arkansas governor, former white house press secretary sarah huckabee sanders sees the lack of enthusiasm and the need for change. >> i think his record, what he has done to our country is absolutely terrible. the border has never been more broken. our gas and our grocery prices are skyrocketing. we have turmoil all over the world. we had to evacuate another embassy just this week. >> reporter: she does not mince words. we'll not get close to the president to ask him questions. there will be a press briefing. i do have questions about the economy. david: i hope you do, edward, thank you very much. good to see you. unlike four years ago this time president biden will have to defend the economic record as the incumbent candidate. let's bring in our panel. doug schoen, independent women's forum policy president, hadley heath manning, best-selling author, former investment banker
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carol roth. i know it is hackneyed. this is the a-team, the best of the best. thanks for being with us. doug, i want to start with something written in "the wall street journal" by gerry baker. i don't know if you saw it this morning. it's bit harsh, i like you you to respond to it. normally the prospect of a incumbent's re-election, a rallying moment, a chance to remind supporters why you're there in the first place, an opportunity to offer the nation curious but compelling and renewal, it should be a moment of hope for at least half the country. this time around four more years sounds like a parole board's answer to a prisoner's appeal. what do you think? >> i don't think i would use the same language gerry did but it is certainly the case, david, that the president's ratings over all on the economy are underwater and 70% of democrats don't want him to run. so he has got significant
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headwinds. i think that is why he is announcing now, why he is going off a tour to tout the economy because so far he has been unable to penetrate with facts and statistics about what he says he has accomplished. david: carol, let's talk about his focus, his coming focus on the economy. first of all, it usually starts with something that is just not true. he says he inherited a horrible economy and turned it around. in fact in january of 2021, the economy had reversed from the recession, the horrible pandemic recession. its was growing on an annual basis in january 2021 at 6% with a 1.4% inflation rate and of course that turned around right after the first of several different economic bills that he put into the process and we
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ended up with stagflation. so that, the premise of where he started is wrong, no? >> it always is. we literally cannot afford four more years of joe biden. he has not been investing in america as he has been saying. he has been fleecing the middle class, whether the energy policies, historic 40-year highs in inflation, hiring of irs staffers, pushing of esg initiatives ahead of your investment returns, weaponizing of the dollar on the international stage, threatening our position as the world reserve currency. he has been decimating the economy. so the idea that he would come out and try to run on the economy as a platform, you know that is a lot of mental gymnastics people will have to perform in order to go along with that. david: hadley, you do have the foreign policy problems he had. starting with the afghanistan withdrawal. that brought his ratings down to
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a level that he really hasn't been able to improve on since. since then we've had a number about mistakes. of course the saudi dealing with saudi arabia which many say put them in the pocket of dealing with china and iran of all people and most recently we had the problems in sudan where apparently they misjudged the civil war there. it is not just economics. it is also the border, et cetera, right? >> well that's right. you might ask the question, why is he running on the economy but what else does he have to run on? you can't run on global leadership or the state of the world. you certainly can't run on the cultural issue his party is to the left, left, of most middle class, mainstream voters are. when it comes to the economy i don't think he will be successful of economic populism in large part to former president trump and his influence on the gop, the republicans are co-opted the
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message of populism, reaching more middle class voters than 10 years ago. it is outdated, not effective. david: on the other hand he has all the baggage, political baggage, so does donald trump. perhaps desantis doesn't have as much because he had a great record as governor although trump disputes that claim. isn't it clear that democrats really would rather run against trump? are they making a mistake by believing that, you look at the trump record, putting his personality aside if that is possible, you look at trump's record, it looks pretty good compared to what we've been outlining about biden's record? >> well, first of all elections, david, in my experience, are as much about personality and sense you get of people as they are about policy. so i think personality will be
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more important than comparison of their records. that being said, it looks to me that trump certainly is weaker vis-a-vis biden than desantis. the numbers are very small. the margin of error is, explains the difference. given desanity's fading in the polls recently and trump's surge, what is clear to me the republican brand is as damaged in its own way as the democratic brand. david: what about desantis, carol? we saw him in japan. obviously a governor of florida doesn't usually go to japan. so clearly this was a test the waters kind of trip for him. but while he was in japan he seemed to be moving away from 2024 as a presidential candidate. let me play a sound bite from his trip to vap japan. >> i said from the election of 2022, people started asking me,
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we have a legislative session we're working on. we have a few more weeks to go with that we'll be putting up a lot of wins on the board. so i'm not going to be making any announcements before that is concluded. >> okay, are you leaning one way or the other? >> stay tuned. david: stay tuned. that is pretty non-committal, carol. >> i mean i don't know from book tours to world tours he seems pretty much positioning himself to be making a run. i do think desantis has a fantastic team around him so they're being very careful. they have been going, you know around to get the republicans party support, battleground state voter support, now they're on the world stage garnering support. i think he wants to have all of his ducks in a row. that in of himself differentiates him from a candidate like president trump. david: on the other hand, people that his advisors are too
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parochial, focusing on issues important in florida but don't sell well in nationwide when you look what happened had in 2022. all the woke issues desantis focused on didn't help republicans as they thought. >> many americans are voted with their feet in terms of desantis the way he governed the to the state of florida. we've seen huge migration to the state of florida in large part the way he is leading there. i think americans across the country would love to see that kind of leadership at the national level. of course the issues may look a little different at the national level. positioning where the mainstream, where the center is politically might look different at the national level. no question he has done an excellent job leading the state of florida. he attracted many people there. voting with their feet is not something to take for granted. david: doug, finally let me focus on the democrats advantage which seems to be in cities. progressive though still hold the cities and they continue to vote that way. we saw that recently in the mayoral election in chicago where a guy even further to the
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left than lori lightfoot won that. i see carol shaking her head. she is from chicago. so it is, you know, democrats can be satisfied they hold the cities. will that be enough in the 2024 election? >> they have to reach beyond their urban base. the key is going to be the suburbs. given what desantis is doing on abortion, open carry, and the fact that the republicans have not moderated a lot of their positions, i think it is going to be a very close election, david, very similar to 2020. that is what the polls are telling me today. david: all right. great panel. thank you so much for being here. great stuff, guys. >> thank you. david: i appreciate it. president biden's pick for labor secretary facing backlash for supporting policies that some say hurt gig workers. up next louisiana senator bill cassidy on how he is fighting back.
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♪. david: so as president biden officially kicks off his re-election bid democrats are breaking with him on some key issues. one major riff over biden's pick for labor secretary a woman named julie su. grady trimble on capitol hill with all the details on that. hey, grady. >> reporter: hey, david. some of those democratic senators could sink julie su's nomination for labor secretary if they vote against it. let's talk specifically about three senators, democrats, joe manchin, jon tester, and mark kelly. all of them are casting doubt on or at least not fully expressing their views on the president's pick for labor secretary. two of them we should point out, manchin and tester are up for re-election in red states next year. senator manchin also helped craft the inflation reduction act. now he says he is having some buyer's remorse. >> they know exactly what we agreed upon. this was energy security, and you have not heard the word
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energy security out of their mouth since it was passed. it is all about environment. if they don't change, then i would vote to repeal my own bill >> reporter: other democrats joined republicans in criticizing the president's handling of the border. congressman henry cuellar of texas comes to mind there. across the board conservatives are piling on the president today, not just because of his policies but also they say because of the way he announced his run for re-election. >> can't even go and actually do a presidential announcement like most presidents do for re-election. he had to record a video on a teleprompter. then post it on twitter so it is great for the republican nominee to be going against all of the disasterous policies biden had in his time as president. >> reporter: we should say though that most democrats are rallying behind president biden, cheering on david, the possibility of four more years,
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david? david: it's close senate. they have a couple of defectors from the democratic side. they could lose. grade at this, thank you very much for that. republican senator bill cassidy of louisiana was among the senators who were grilling julie su on her stance on the gig economy, more importantly whether the interests of unions overrode the interest of individual workers. she has a record on that. senator, great to see you. thank you for being here. her record by the way for those who don't know, she was labor secretary in the state of california, she went against workers who were working for the gig economy, who didn't want to be a part of the union. some say she was sort of the front person for the unions as opposed to what the workers really wanted, right? >> oh, absolutely. the fact is that she has shown a hostility to the gig economy. the exceptions that were subsequently passed to what is called ab-5, that california law would have regulated the gig economy, the exceptions were
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longer, were longer than the law itself. there is kind of an understanding we're no longer in an economy like 1920. we have a economy of 2023 and the fear is of course she wants to bring that model, and that mind set to national legislation as opposed to leaving it in california where really has not worked that well. david: you know, we don't usually talk a lot about heads of agencies and departments and so forth but what's happened since the house became republican majority, is that the president has kind of doubled down on pushing his views or views of whoever is coming up with these radical views, pushing them through regulation rather than through legislation. that is why this appointment and others like it are so important, right? >> it really is. david, you can do things through rule that have to be challenged through the courts. it takes, takes two to three years to successfully challenge. by that time the business community made the investment to
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adapt to the new rule. it is as if the rule was continued to be implemented even though it is not. we're not speak about deep pocketed multinational corporations in this case. we're speaking about individual workers we're speaking about people like you or i pick us up from the airport. he makes 500 bucks a day. working 12 hours a day. works for lyft, uber, doordash and clears that money. he is making it work. that business model is threatening to some. we should be on his side not on those who are threatened by the business model. david: senator, one final question on this particular nominee, we remember omarova, nominated for chief regulator of banks essentially as comptroller of currency. she had radical views and wanted to exchange the federal reserve for controlling factor of
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private banks. she actually said she wanted to put the regular banking, private banking end it as we know it in this country. is julie su, she eventually lost, withdrew her nomination because there were enough democratic senators against it. is the same thing happening with julie su, will we see senators tester, manchin, kelly go against her and she will withdraw or lose the bid for the appointment? >> three qualifications for being the secretary, you have to show competence as administrator, you have to successfully negotiate contract disputes between warring parties if you will, lastly you have to be i am partial. the writings and conduct of her office in california, she is not impartial. she will put her thumb one way direction. she has not shown competence as an administrator.
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they lost 30 billion-dollars in unemployment payments when she was the head of that agency in california. she has never successfully concluded negotiation between labor and unions. david: right. >> of the three, she has none. i'm hoping that my democratic colleagues would find it upon themselves to oppose her nomination. david: senator, i want to move on to the budget battle. how do we resolve the debt ceiling issue when president biden won't meet with the speaker of the house? >> yeah. i think there has to be an understanding that the president not only won't meet, he is making it worse. every, every month that he furthers a pause on student loan payment, adds 5 billion to the debt, makes the debt ceiling come up that much sooner. he is out there saying he won't speak about a debt sealing with spending cut, he is actively pushing more spending. i'm hoping that message gets out there. it creates a pressure, that mr. president, you have got to
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negotiate. they brought forth a good-faith effort, you don't like it? bring your own. meantime you're making it worse. you're not saying don't do anything, you're making it worse. as kind of public pressure is exerted on a president making our debt ceiling problem worse, hopefully he will come to the table. david: speaker mccarthy wants to extend the debt ceil forge a year. the problem for that, that would put another debate over the debt ceiling right before the 2024 election. are you defense speaker mccarthy's attempt to make it a year deal? >> i'm willing to give mccarthy some latitude. he has politics within the house. he has a president who doesn't want to do anything. i'm willing to give him some latitude. i see the point, having it arise before the presidential election would be critical. on the other hand i don't think any leading presidential candidate is addressing issues really before our country right now in terms of the economy, the debt and deficit and spending. maybe this will actually force
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that conversation. david: senator, i want to squeeze another issue in. as a doctor this is a particular interest to you. randi weingarten, the head of the teachers union, the aft will speak before a subcommittee in congress what her role was in terms of telling the hhs how to deal with school closings. a lot of people think that that did a lot more harm than good. what are your views about that? >> yeah. i'm looking forward to that. emails released by freedom of information act showed her organization and she were lobbying the cdc to extend lockdowns, lockdowns we know were not being guided by science and lockdowns that penalized children who are no longer, no longer attending school in person and lost two years of education, particularly poor children. it's terrible record to defend and that we know she did because of freedom of information acts. she can deny it but the emails
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tell us the truth. david: she not only defended it but managed to get close to $200 billion for covid relief funding for k-12 in the united states. should that be looked at more closely than it has been about exactly where that money went? >> it is clear, yes, absolutely, number one. and number two, it is clear that miss winegarten and her organization were more about the staying stark holders and less about the children. republicans are about the children. any policy in the future should be about the children first, not the stakeholders. david: senator cassidy, thanks for coming on. >> thank you, david. david: president biden about to tout his economic agenda after announcing his candidacy for re-election but what impact will his son hunter have on the campaign? "the bottom line" co-host sean duffy joins me next.
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♪. >> our informants have told us there is in fact, there will be evidence where it would point to joe biden. they had these family schemes that involved paying for things that would involve joe biden. so we're going to continue to dig. we're going to continue to track the money. both the money coming into the biden accounts and money going out of the biden accounts. we've got confidence that the president was involved. david: house oversight committee chair james comer saying there is confidence that president biden was involved in matters with his son hunter biden. what impact will this have if any on the re-election campaign? "the bottom line" co-host, former wisconsin congressman
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sean duffy joins us now. good to see you. what do you think we'll see this evidence? we remember adam schiff going on about evidence he had about russian collusion which of course he didn't have and i know it's different party, a different situation but voters have become a little jaded about congressman saying they have evidence about a sitting president of a different party? >> yeah. i don't know, david. i think the problem is the congress isn't made to do investigations that should be done by the fbi. the fbi appears is really allergic to investigating hunter biden because that may lead them to joe biden. i think it will take time. they have a small staff in the house, small staff, might have 50 people. 50 people trying to get evidence. i think you will see banks try to stonewall, thwart the investigation as well. it will be challenging though in the end, to the original question, david, i think if the evidence come out with regard to hunter biden and what he did in foreign deals, how he accessed his father as an influencer to
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get these deals done and whether joe biden made money as the vice president from the deals that hunter biden put together that means joe biden is compromised. this knowledge will completely upend the coming election in 2024. joe biden will be unelectable. he will have sold his country out so his family could make money. the flipside -- david: there are a lot of ifs there. i want to go with you for a little bit in that direction. if there is some specific evidence it is not just another congressman talking but if comer does deliver and show us evidence, could he have done something that is impeachable and would the republicans really want to impeach president biden before the next election? >> because they get kamala harris if they impeach him, right, successfully. it makes him unelectable. is it criminal? david: but your answer is no, even if there was evidence an impeachable offense the republicans probably would not
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want to impeach him before the election, that right? >> david, my answer is a affirmative maybe. they may impeach him. i'm telling you this is criminal. david: you're not a politician anymore. >> a congressman or a president or a vice president can't make money by selling influence to their office and that is the allegation. david, this is simple. do a forensic audit. you can tell whether joe biden was making money from hunter biden. it is not that hard. the fbi refuses to do it. if the investigation isn't done, the american people will lose faith in their government, there is not equal justice under the law. you don't have a government for and by the people. you have a government for the elites and the democrat party, something very different than what our founders envisioned. david: unfortunately so many americans have already had that disappointment with their governing body or all of their governing bodies, whether in local elections that can't deal with crime, whether it's national elections that can't deal, national government that
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can't deal with the pandemic and of course that's led to a lot of americans just fed up with the current candidates whichever party is running because they have this problem with government. we're in a dangerous position when americans don't trust their government, their representatives. >> but, david, when manafort is prosecuted, when navarro is prosecuted, when donald trump is prosecuted, when general flynn is prosecuted, it seems like justice for one party. but when you have all of the evidence, whether taxes or guns, specifically in regard to hunter biden, he is not prosecuted at all? no doubt there is a dual tiered justice system. it goes against republicans in favor of democrats. that is why people are losing hope. again i wish the justice department was not politicized at all but it is to great effect for the democrat party. think about this be the democrats through the fbi, doj, the cia they used power for four years to convince the american people that donald trump
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colluded with russia. it was fake. it was false! then 51 intelligence officers come out to say the laptop is not real. the government is being used for political purposes which is why the american people don't have faith in their government. david: i wonder how we turn that faith or lack of faith around because you can't go much longer with that lack of faith in a democracy. sean, thank you very much. appreciate it. we'll see you on your show tonight at 6:00, 6:00 p.m. on fox business. coming up, a new study showing a rise in the pay now, save later trend while more americans seemed to have stopped saving money. we'll break it all down right after this. ♪.
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mara, are you sure you don't want -to go bowling with us tonight? -yeah. no. there's my little marzipan! [ laughs ] oh, my daughter gives the best hugs! we're just passing through on our way to the jazz jamboree. [ imitates trumpet playing ] and we wanted to thank america's number-one motorcycle insurer -for saving us money. -thank you. [ laughs ] mara, your parents are -- exactly like me? i know, right? well, cherish your friends and loved ones. let's roll, daddio! let's boogie-woogie!
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rising prices is causing americans to slash retirement savings. this is not good. kelly o'grady is here live in studio with more on this. hi, kelly. >> reporter: david, doom and gloom i guess today. right now we're getting an important read on where americans stand with their savings and i want to share some numbers with you for context because some of these are really shocking. so americans are facing a looming credit crunch. that is racking up credit card balances. as of q4, 2022, balances were 986 billion. that is the highest they have been in history. take that in for a second. i want to juxtapose that with the personal saving rate. february 2023 average rate of 4.6%. down from a prepandemic level of 9.3%. worries a recent study 12% of americans stopped saving all together. when that crunch, consumers using alternative buying options. you probably heard of buy now,
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pay later, available online and groceries and appliances. demand exploded, even apple's app store will be offering that payment plan. in many ways that can be positive. consumers are concerned about cash flow. they can break purchases into monthly payments avoid debilitating credit card rates, the loan programs start interest free, fees can spike with a missed or late payment. further i talked to a financial expert, she warned it can provide a false sense of security if you're not in charge of your finances. >> if it is causing you to spend more that's when we have a problem. you pick up a buy now pay later plan, pick up another one, you start going over budget, because now it seems so much more manageable. you will put yourself in a hole you didn't expect to. >> reporter: the cynic in me fears buy now pay later could have all the dangers of essentially getting into credit card debt without the stigma we
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have associated with that. this is not the environment you wanted to be getting into that trouble. david: it is not cynicism, that is realism, realist in you talk about that. first republic bank, stay with us, because we want you in on this as well, first republic bank taking a nosedive today after their earnings call reporting that they lost over $72 billion in customer deposits. they're now down about 27%. the stock value is. they have been losing a lot already. let's bring in "barron's" reporter carlton english. good to see you. what will happen to first republic? >> this is obviously a very challenging time for the bank. you saw the flood of deposits out. management did hold a call yesterday. they're trying to right the ship. david: but they didn't take questions from analysts. >> exactly. when you were in the situation you need to take those questions from analysts even if they're not going to have great answers but you have to have that accountability. so i think that is why you're seeing the stock off by about a third. keep in mind the stock already
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is down 90% this year. david: their moniker, the reason why they did have a loyal customer base is because they had so much personal reaction. their agents, people dealing with the customers directly person-to-person, were so good, so appreciated by the customers but if you have to let 25% of them go you're not going to have that same kind of service attitude, right? >> not only that, they are talking about letting go 25% of its staff. you have to think about what does it look like for remaining staff that that are there? when you think of wealth management business that is relationship oriented business as you said. there is business that having aggressive advisors want to build a book of business. these are salespeople, basically, and they want to be with winners. we've seen some signs of flight on the fringes going to places like morgan stanley. if first republic is not able to right the ship, you may see more outflows. david: kelly, you live in california. you know first republic pretty
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well. you are telling me you have a friend who works there and of course you covered svb as well, silicon valley bank. i'm just wondering, even though these banks, regionals had good person that relationships with the customers a lot of that, a lot of that loyalty has vanished as a result of what's happened at svb and first republic. >> yeah, ability absolutely and i think you both make a really good point about those relationships and i think what concerns me the most the small businesses in this situation, right? the regional banks, first republic, svb, they were both were the lifebloods, right of giving lending to small businesses. so now what happens to those folks say okay, i don't feel comfortable banking at a place like this. the person that i knew maybe wasn't there anymore. so i will go to bank of america. they might not get that same type of loan they need for their business. it might be more restrictive standards. it might be higher interest rates. what happens then when main street goes down?
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david: carlton, i know this is looking in the rear view mirror, that is what financial reports are all about, many thought we passed the danger point with regional banks, but this is rehashing all of those old fears again and do you think of what first republic is going through right now, you see the stock drop as much as it has, it might spread out to regionals from here? >> i think we'll see what we saw with regional banks that reported so far. many of them met or exceeded expectations. certainly some exceptions. western alliance was actually one that exceeded expectations. so you kind of had your so-called kitchen sink quarter. the test is going to be in the second quarter, third quarter. we really need to see most of these regional banks have been able to recover. yes, there are going to be some that will continue to go through muddy periods. when you look where regionals are off 3% on the index i think we're looking at a choppy time, maybe not the catastrophic time we saw in march but for some names it will be even more
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challenging. david: kelly, svb, that clearly overall blanket bailout they received from some people who probably didn't do due diligence putting their money, keeping their money there, a good companies that appreciate a good relationship but extra attention in terms of loans they were getting from svb, california, do people in the business community of that california that bailout was too broad, was covering everybody and some people who didn't deserve it? >> certainly not the folks that received that bailout. david: of course. they wouldn't say that. >> we had a lot of start-ups that were really happy about that. i think there is a lot of frustration it was too broad. looking at the board, they didn't have a chief risk officer, eight, nine months? there is lot of frustration. there has been no accountable there. david: good to see you here in the east coast. carlton, good to see you again. thank you very much. quick alert, mcdonald's sales up 12% both in the u.s. and internationally. the company's ceo credit
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strategic menu price hikes, strong customer growth for success. the stock is slightly down. it may be sell on the news t had been up before. hit an all time earlier today. let's go to jackie deangelis and "the big money show" what they have coming up. >> david it will be a big show at the top of the hour. we talk about president biden announcing his intention to run again in 2024. we're breaking down his economic report card. the grades are not so good. we're talking about the story in michigan. a lot of residents upset there because of chinese backed plant plans to lay roots there. we'll talk to a state senator how that project moved forward, why so many people r outrageed. that is 1:00 p.m. eastern time after "coast to coast".
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david: meanwhile the shoplifting crisis is getting out of control, so out of control this target store in san francisco locking up everything, not just certain items, but everything. basic stuff, mouthwash, shampoo and more. it is all secured behind these glass containers. lord knows how safe that is. former san francisco police officer joins us right now. officer, thank you for being here. you were with the san francisco police for about 15 years. when did it start to deteriorate to this level, you literal literally have to lock up toothpaste to order in a store? >> the last three years. that was atrocious. the around the time, the former radical d.a. chesa boudin took office, really belittled crime. things like petty theft were nothing. he actually even said i'm not going to charge these people because they're homeless. they have almost have this right
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to steal. we were seeing that rampant and walgreens, target. you saw whole foods close after a year being open. david: that is terrible. it is not homeless people dying for a peace of food. it is not just individuals. this is organized crime to a large extent right now, right? it is an organized criminal activity. >> you got, you got both sides playing for sure. so crime is being belittled with prop 47 which californians voted on. so now thefts that have to be over $950. which is why you see all the videos. yes it is organized crime. auto burglar race going through the roof. they know nothing will happen to them. i can think of a dozen of criminals out on six active, they have six active warrants and six pending cases all for auto burglary. they keep doing it. think about it, daily cities, south an fran, marin, berkeley, all the cities surrounding
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san francisco none of them have this problem. david: you mentioned the former radical d.a. a lot of people were very encouraged, a lot of people like me in new york city which has a manhattan d.a. that is just as radical, he was thrown out, that radical d.a., chesa boudin, replaced with somebody that cleans house. she fired 15 prosecutors that were with him. has that changed things? has that improved the situation at all? >> we're seeing a shift for the first time. with gascon and boudin. we had two radical d.a.s. they were maliciously going after cops instead of prosecuting criminals. the other thing facing san francisco is their lack of staffing right? they wanted to bring in the national guard and chp which is absolutely ridiculous. 100 cops right now are veterans ready to work. san francisco fired them like myself for not getting
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experimental vaccine. they have a huge staffing problem. anti-police rhetoric from the mayor, the chief of police, the et cetera going on for years. they just can't recruit anybody. david: we have only 10 seconds, you know what happens? stores close, customers move to texas and florida. you eventually the city runs out of revenue, tax revenue. it goes bankrupt. how close do you think san francisco is becoming bankrupt, quickly? >> i don't know. i hope it gets better. my mother-in-law was affected by the theft in walgreens. a person was holding up the store. the person said don't move, i will kill you. this thing runs deep. it hurts my own family. i hope they figure it out soon. david: i'm sorry you lost your job in those circumstances. that is so awful. so many good cops with experience are in the same boat. i hope things turn around. thanks for being with us. appreciate it. more "coast to coast" right after this. ♪.
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