a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. stuart: looking at fox square. today is ashley's birthday. happy birthday. the first photo and instagram is a photo of what? what is it? ashley: flower. stuart: i will say dog. the correct answer is a dog. time is up. coast-to-coast starts now.

ashley: julie: we interrupt this rally for a rumble. here's all the proof you need that robert f kennedy junior has clout. republican dominated house committee invite him to speak on censorship. democrats on that the are the ones trying to censor him. what kennedy says about vaccines or the pandemic or democrats say he said about jews and a host of conspiracies. kennedy is more than just a challenger to the sitting president, he is increasingly becoming a real threat to the president and maybe the democratic party itself. republicans might want to be careful, this force of nature they invite to testify before them could be a force adding them. robert f kennedy's voice strained his messages and can snow -- unmistakably clear. food for thought, the lunch hour of the united states, let's dig in. we explore, you decide.

glad to have you. what is it? still the leap to say bobby kennedy junior would complete what tragic fate tonight his father from achieving 55 years ago. the democratic residential nomination of the united states. given the reaction he elicits every time he speaks you have to wonder. hillary vaughan watching from stanton. >> reporter: democrat tried to stop robert f kennedy junior from coming to capitol hill. they did not want this to happen in the first place. 100 democrats writing a letter to republicans urging them to disinvited him. that did not work. republicans say democrats are showing a blatant display of an attempt to splinter kennedy from showing up at hearing on censorship and the tug-of-war between republicans and democrats over attempt to silence him continued into the hearing today.

>> i created a film that encourages blacks not to get adequate medical care is just completely -- >> it is the witness's time. do not censor the witness. >> i'm not censoring the witness. he's still talking. >> my time and i'm giving it to the witness, do not center him. >> i'm not censoring him. >> if the views that you and others have applied to me, attributed to me, if they were actually true, i can see why i shouldn't be here today. those are not true. >> reporter: the hearing is focusing on the government's involvement in content moderation decisions that lead to people like kennedy being the platform to. stores like the hunter biden laptop being censored. the term misinformation is being used as a way for the government to silence narratives that are inconvenient and unfavorable to them. this also is not the only attempt to try to shut down this hearing.

right before, right after kennedy gave his opening remarks, debbie wasserman schultz tried to move the hearing behind closed doors to a private executive session. neil: a lot of the controversy deals with vaccines. a lot of people say he's anti-vaccine and this goes before covid. he tried to distinguish dealings on covid and this longer record of being leery about vaccines with something he traces to ronald reagan when reagan was president. >> neither republicans or democrats wanted it. rhonda group -- robert reagan signed the bill, the company that was pushing it, they said they were losing $20 in downstream viability for every dollar they made in profits from vaccines and were going to get out of the business if not granted immunity. ronald reagan said to them at

that time, how do you make vaccines safe? they are unavoidably unsafe which is true of most medicines. i am not anti-vaccine. we need to be honest. that is all i ever argued. lauren: 1 opera to f kennedy's message at the time was covid vaccines that were out there were medically unsafe, hadn't been tested enough, rushed on the markets, something he found in unison with many republicans on that committee asking questions today. i thought to get a politician about this, would get a genuine doctor and a very good one. st. joseph's art institute for auto immune diseases, a very calming presence not only before through covid and after covid. good to have you. part of what is coming now in the vaccine wave is we didn't

need to get vaccinated. other issues came up with, didn't need to be locked down. may have been a separate day but robert f kennedy junior was among those who questioned the efficacy of these vaccines and their threat to the public. what do you think of that? >> the first thing is vaccines are not a threat to the public. i will say it again and again. we were knee-deep in dead bodies at the beginning of the pandemic and begged for something like a vaccine that wasn't enough time to research the vaccine over five or six years or we would still be in the pandemic. we said the vaccine would keep you out of the intensive care unit, would keep you out of the hospital, many of my patients where vaccinated and got covid after the vaccination, but they had a very mild case of the

covid infection. the vaccines work. this goes back decades when vaccines were first instituted. rfk junior is giving misinformation because he gets the facts wrong but he's also giving disinformation because he's making things up as that is to the detriment and peril of our society. if we stop believing in vaccines, the messenger rna vaccine is a terrific scientific breakthrough. if we stop believing in vaccines we are all doomed the next time of the next pandemic. neil: we can go back to issues that were a strain on the system, the worldwide shutdown we experienced. to say nothing of the origins of covid in the first place. back to vaccines, becoming the

new issue from 2020 much as donald trump, has an issue for him. just wondering what you make of that and whether you worried that someone who is a proponent of these vaccines that the posture will be vaccines are bad period. >> you can't say vaccines are bad. we've had decades and decades of superior vaccination. our children get vaccinated against transmissible diseases. we can compare our society with lots of vaccines to protect us against foreign invaders to third world countries where people die of things like measles in great numbers and that is an example. one example. with regard to the pandemic, we did not have years to research messenger rna vaccines against the various variants of the virus. nevertheless it did work.

all of us lined up, those who are working in the hospitals, nurses, doctors, we were all successfully vaccinated and the vast majority of us are walking and talking today without significant morbidity. there are always with every medicine, every medicine has its side effects, every medicine has its downside for certain individuals. if you get 300 million people infected with something. and and with regard to reactions to medications the we tell all the time. stuart: good seeing you again. >> good seeing you. neil: whether you agree or disagree with robert f kennedy junior, there is no disagreement what is having an

impact on this presidential race. he is a kennedy and the name is selling itself, others entering the fray here, we shall see but this idea that an emerging alternative candidate can get traction like robert f kennedy junior is at the same time and in the same week, we see joe manchin toying with a third party run of his own. he joins me right now, the former house manager the clinton impeachment trial, and himself a 1-time libertarian. back in 2,000 data. in 2008. thanks for coming. >> pleasure to be with you and your many viewers. neil: help me with this.

the appeal of bobby kennedy to some republicans, the fear to some democrats, being played out on live tv at this panel discussion. what do you make of it? >> it is not so much any mystique of the kennedy name that is driving the public's interest in a third-party candidate. most of the voters who seem to have predisposition for third-party candidate are too young to know who robert f kennedy senior was. rfk junior is appealing to people these days, not just republicans, but dissatisfied voters who look at the lay of our land, the political situation we have that limits, two bad choices and concluding

there is something else here. for joe manchin and robert f kennedy is going to emerge as president but i do think the climate is right for a legitimate third-party candidate or candidates to at least make some inroads over the long haul. neil: it has been said that a lot of people when they see a third-party candidate they vote for him but then they hear it is a wasted vote, he doesn't have a chance. all the third-party candidate we had prior and since. i wonder about this. 33% of americans are open to a third-party candidate or alternative candidate, that's not just a margin but a winnable percentage right there but it never materializes to that degree. >> it doesn't because when push

comes to shove, as those voters in an election year, that they are open to a third-party or independent candidate. as things get closer they rethink that and come to that conclusion. my vote is going to be wasted. the only third-party candidate in recent years who had an impact was ross perot because he had the ingredients for third-party candidacy, money, opportunity, perseverance, organization. there is no third-party out there that has money, organization and they long, persevering view. if rfk junior or joe manchin were to move in that direction and gain traction, with money, organization and perseverance

looking beyond this upcoming election, there was a positive impact to open the political system. neil: it's a no labels candidate on all 50 state ballots. we mention ross perot, had he not quit the race early on in the race, he was leading president bush senior and bill clinton, and the electoral votes, 90% of the vote they can disrupt the system. >> the reform party, when he first ran, had they persevered beyond the next election cycle, lost interest and pooled his

money. they could have had a real impact moving forward they gave up too soon. neil: you and i remember bobby kennedy senior, good seeing you, thank you very much. in the meantime, watching tesla, getting squeezed with those price cuts, there's no problem with the number of cars you lawn musk is selling, just the money he makes off of them. after this. ♪ there are some things that go better... together. burger and fries... soup and salad. like your workplace benefits and retirement savings. with voya, considering all your financial choices together can help you make smarter decisions. voya. well planned.

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i'm able to clean my house. i'm able to do just simple tasks that a lot of people call simple, but when you're extremely heavy they're not so simple. golo is real and when you take release and follow the plan, it works. neil: this is been a week for crazy weather, tornadoes in north carolina and kentucky. damaged to the point that a lot of hospitals that wait on key drugs and fusion therapies won't be getting it for a while. steve harrigan more with the impact on this. >> reporter: this tornado touched down just east of raleigh about 12:30 pm and tour path 16 miles long and injured

16 people, damaged a hundred structures. it was any of 3 on a scale of 1 to 5, winds of one hundred 50 miles an hour. among the structures most badly hit was a pfizer plant which makes sterile injectables, the backbone medicines for hospitals, supplies 1/4 of those medicines for us hospitals, like antibiotics, chemotherapy medicine. there's a question as to whether the damage to this pfizer plant, across 250 acres when the biggest in the world could lead to shortages of certain medicines. is what one analyst has to say. >> we are in a wait and see mode as pfizer comes to us, the damage and impact hospitals have the infrastructure to manage. it's a matter of waiting to see what the impact is. >> one of the pfizer employees said it was like a bomb went off, 90 seconds to get to a safe area which they were able

to do. 0 injuries reported despite the widespread destruction. back to you. neil: steve harrigan following the latest irrelevance. you think of the heatwave and how difficult it is to move around in environments like this and send goods back and forth in environments like this. an interesting series of articles in the financial press, among the possibility that all this crazy weather is going to disrupt our supply chain and make it tough to get supplies through the country and the world. could that affect the soaring markets. larry glaser on that. >> what we learned from the supply chain disruptions, devastating not just for people but medicine and important daily supplies but the economy, supply chains are fragile and delicate and it is not just the flooding and hurricanes and

tornadoes but the where. this happens in places that are critical to supply chains, industrial midwest, ohio valley, the lakes region, the pfizer plant becomes critical and important for the economy. flooding in vermont, you say a massive pfizer plant taken off line. neil: that's important but let me get your sense of the markets in the aggregate. that it's put together ninth straight day. less follow-up with the s&p and the nasdaq about what is going on? are we getting ahead of ourselves. where are you on this? >> that's the story. we came into this with

pessimistic expectations. massive inflation. things are not as bad as they thought they would be but it led to this outperformance of growth versus value. a very narrow market. everyone knows it's not sustainable. can't have a handful of names leading the market so you're getting the everything else market. a day like today the dow really strong, energy, financials, they haven't participated with the excitement around artificial intelligence, stocks like netflix left behind. that's the narrative for this year going forward for the second part of the year. inflation concerns come back, renewed concerns with disruption ingrained in ukraine, energy disruptions. it might lead to everything else. neil: a great student of history, broadening out last say while but it could also

mean this will continue, multiples of the s&p, around 18 or 19 right now. 15 at the start of the year. what do you make of that? >> what companies say about earnings, xenophobia, will they raise? it comes to fundamentals that have been resilient and consumers, navigating and challenging, they have done a great job but going forward you can only expect so much. the impact of those rate hikes might slow housing. you see housing sales down because of these issues. neil: the housing issues could be bullish because month after month of declining and softening means the demand for

housing, as long as rates are stable. >> it speaks to the resilience of the consumer. everyone talks about how great things are. housing is unaffordable, less affordable than any point in american history, rents have gone up in all these markets. education, $95,000 a year for expensive college, those are the real issues that get hidden by inflation moderating. that's the economy, healthcare expenses are incredibly high. those are the issues that mask the success people are talking about. real concerns may way on this economy but take the market appreciation and be grateful for it and be thoughtful of rotating as well. neil: great catching up with

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you be! neil: see what was on the bottom of that ticket? you just won $1.08 billion. someone in california did that in the powerball jackpot. the winner is out in california. you can pick and choose how much time before you let people know you have the winning ticket, they don't waste much time doing that but there's a movement with fewer people actually showing themselves to the world. that could change. it is a rounding error, kind enough to join us. the ford ceo and much more. taxes take a big bite out of it. >> a form of entertainment, $2 or $3.

neil: in california, it depends on states, what you take home. the powerball take-home winnings, how can they be the same in florida as california? wouldn't you be -- they have high state tax. >> 13%. neil: thanks. let's take that off the screen. a lot of people looking good to win in states that don't have these taxes. it explains what is going on. the tax man gets his share. the taxman will continue to get his share. >> california, they don't tax

llano, investments, facilities like that. very perverse. you see the great experiment going on right now. red states versus blue states in terms of taxation, schools and other things. that will compete for a night in 24. what works and what doesn't work, you see people moving, voting with their feet. one. 5 million people moving into texas, hundreds of thousands moving into florida because of low taxes. not the summer weather in texas, not the summer weather in florida but a benign environment, people come to make a living there. neil: they cross real estate, it is getting pricey in texas but the fact is if you don't pay state income tax, no tax on any of your investments in those states you could deal with that. that is just a minor --

>> texas, they are cutting taxes. what you save on taxes pays for air conditioners which is allowed in this country. neil: for now. let me get your take on the president's push the trend is the friend, championing bidenomics saying it's catching on, people are seeing the benefits of it. bernstein is taking about, i was reminding him the federal reserve like them or not, more than anything the administration is doing, they have more time to prove it. they think by election day we will be back to the inflation level he had coming in. >> quite an achievement, start with a lower inflation rate and by election day, down again after prices go up 20% and

wages are unlikely to keep up with inflation. think that's a winner? go ahead. it is fantasyland, bubble land, they think people who had a hit to their financial well-being don't believe there's a future ahead, businesses getting hit, not making investments they should make, credit card debt exploding, savings being run down. hundreds of millions of dollars. neil: look at the improvement in jobs, the fact that -- >> the indicator. neil: 1992, when george hw bush was pushed out, coming out of that, plenty of time to come out of this fund. >> 20 of time for people to realize we are still in when those monthly credit card bills

come in, the expenses, an international crisis, sending things up again they are going out in this pretend land, setting themselves up like herbert hoover in the great depression, prosperity just around the corner. kept proceeding and receding. neil: also -- republicans could botch this. >> there's a reason it is called the stupid party. they have a knack of it. neil: even these polls that show president biden, things are so horrific, you reminded me when jimmy carter and reagan, still virtually tied, that could happen but it's not happening now. >> we don't know who the candidates are and they haven't put out the way ronald reagan did in 1980 actual programs, 30% cutting income taxes. neil: they have a biden beating

desantis. you would think if -- it wouldn't be the case. >> back to 1980, before you were born, looking at the history books, we had the iran hostage crisis, a huge drain, america was weak and feeble, in decline, rapid inflation. all those things. but in early 19 eighties those were out there, look at the polls, jimmy carter will win reelection. neil: i understand. i think you are right. thank you. good to see you again. it has been a pain in the neck traveling, united airlines had a host of problems but the lines and flight cancellations not hurting the bottom line one bit.

it is up, up, and a way for them and all the airlines, after this. ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪

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>> this is the worst, the very worst. >> can indication has been poor. >> they said it was canceled. >> they told us flight is being canceled, got to go down the stair, they will take care of you, we've been here since 4:00 this morning. no one has taken care of us. neil: nightmare playing out across the country, shortage of f aa and all that. the bottom line is a lot of people people feeling grief. talking about united, delta

reporting big traffic gains and revenues higher than thought and in the middle of this, a move afoot to raise the retirement age for pilots presently at 65. they want to bump it up to 67 to keep pilots on the job but to keep those planes going. >> reporter: we are two hours ago the house of representatives passed the faa reauthorization bill designed to smooth air travel. lawmakers used it to correct staffing deficiencies in the airline industry and want to reduce the high number of cancellations and technical glitches. >> this shook the confidence of passengers in the system. to get this back on course the reauthorization requires airlines to address mass flight disruptions. >> one provision would raise

the retirement age of pilots that would keep more pilots on the job. it would also recruit and train additional air traffic controllers. lawmakers believe this would ease volume issues but some conservatives are not so sure. >> you can mandate all you want but if the people aren't willing to do the job or available to do the job they won't be there to do the job. i see that as an inadequate response and solution to a pressing problem i predict will get worse between now and the next authorization. >> reporter: it is a red demonstration of lawmakers working across the aisle in a starkly divided congress. >> democrats and republicans came together to reauthorize the federal aviation administration, in a bipartisan way. once again, illustrating there's the opportunity to find common ground.

>> reporter: the bill needs to clear the senate. there has been turmoil and there is no senate confirmed faa administrator. neil: thank you. former faa representative kyle, thank you for joining us. the backdrop is airlines making a lot of money. they acknowledge their problems and think a higher retirement age might mitigate some of that but not all of it. i wonder given that they are doing as well as they are how can we still have horror stories like waiting four hours on tarmac in a jet where it gets to one hundred 11 degrees and you are stuck. how does that still happen? >> there is no short-term fix to this problem. it's happening because there's a shortage of pilots, air

traffic controllers and regular airport staff, takes so long to train air traffic controllers, to decide i want to be in an airplane pilot, it takes years to be certified as a pilot and able to fly a large jet. simple answer is there is no fix. the airlines have to stop playing the blame game. they are blaming the faa and the faa going to the airlines. they need to step up to the plate and to do what they need to do to get the problem fixed and get passengers taken care of if they have burden from major flight delay, cancellation or stranded on the tarmac. neil: the passenger bill of rights has been bounced around, not happening yet but they

promised it would take efforts and measures to avoid what has happened again and again. what are our rights until we have our rights? >> the best thing for stranded passenger when everything is resolved and they are off the flight and back home, they should email the department of transportation and large a formal complaint against the airline because the airlines care about those complaints coming into the federal government because it's affecting them. that's the best way to send the message that as passengers we won't tolerate this anymore. there are lines when you call these airlines, you could be on hold for 2 or 3 hours. the other interesting point, it seems the airline industry unlike other industries when you call a company and there's a long hold they call you back, airlines don't do that. you have to stand with a bone in your hand in an airport for

an hour or longer and that's hard to do. it's like the airlines don't want to deal with the problem at the given moment. neil: hopefully they realize it comes to boomerang but we will watch it closely. thank you. big show coming up. brian: small town values not popular with the liberal elite, the money angle on that. 2024 republican presidential candidate doug berg from coming at the top of the hour. more coast to coast after this. ♪ (vo) while you may not be running an architectural firm, tending hives of honeybees, and mentoring a teenager — your life is just as unique. your raymond james financial advisor gets to know you,

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neil: the actor strike goes on with writers and actors, first time we've seen in a unified fight against the major studios, different from 1960s but now the industry is saying it has looked at concessions of $1 billion, streaming lights, many are threatening delayed

movie productions, tv show productions, could drag on for some time. big show in san diego this weekend, they have these all over the country, san diego, the biggie of the biggies, right? >> we are the premier event of its kind in the world. neil: is it affected by this? >> it is a small effect, long-term attendees know that we don't announce our guests much before two weeks before the show. people purchase the tickets 9 months prior to the show. they know that it will be a great event, sometimes guests appear and sometimes they don't but fans are clamoring to get in the door. neil: not many say i know this star will be there that day.

it's a festival. but i'm wondering. finish that thought. >> a lot of people don't realize it's not just one aspect of the show they attend but the entire aspect of the show. you are right. lauren: 20 how do you police what people where? some people dress to the 9s, favorite characters and dollar dollars, they push it. do you police outfits? >> one of the things we do, we have a -- the people dress appropriately. san diego has its own community standards and make sure people are wearing costumed props the are all articles you look at oftentimes but law enforcement, security and safety is the

important part of comic con. we don't talk about it much but uniform security that you will not notice. neil: there has been some criticism the sheer blitz of marvel and other movies, topple one over the other end it has got to be busy, bob iger among those saying we will spread them out a little more. how does that affect events like yours? >> if you bring something fans want to see they will be receptive to that. one of the interesting things we are educating the public about is not every studio comes to comic con because they know the fans are very particular. if they don't have something to share that is fine.

in terms of product, if you are a restaurant, a lot of good stuff, shy away from what doesn't work and see what does, that goes well in congress. neil: it is a fun event. i've taken my kids to a number of years. good seeing you, good luck. a fun event for those wanting to keep the dow going, it is going and going and going. or moments that matter, but you can invest in them. at t. rowe price our strategic investing approach can help you build the future you imagine. t. rowe price, invest with confidence.

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adam: we are looking at 8 days of dow advances. the s and p and the nasdaq not going along, we have sobering economic news. home sales at the slowest pace in 14 years, leading economic indicators. that can be spun around as constructive news because it will boost down the road demand for housing. and you could make an argument that an environment like this you are likely to see a continuing uptick in rates, the pause or slowing by next week. "the big money show" is on. hey, brian. brian: good to see you. brian: i'm brian brenberg. jackie: i'm jackie deangelis.