>> jon: have a safe trip back. >> sandra: thank you. i will see in the morning. thank you for joining us on "america's newsroom." "outnumbered" starts now. >> shannon: and we begin with a fox news alert. tropical storm dorian taking aim at puerto rico today. forecasters say the storm could not become a dangerous category 3 hurricane before slamming into florida or the south east coast as early as this weekend. chief meteorologist is live in the extreme weather center for the very latest. rick? >> our models are most reliablea significant strength in the storm. the national oregon center, they go through all of the data we have out there. this is a look at the storm. it's up to about a 70-mile-an-hour storm. that's the sustained winds. one thing it has continued to do over the last 36 hours is the center of the storm keeps on kind of re-centering further toward the north and east. that is the good news for

puerto rico. it is sparing it from what would be the worst of the storm. the british virgin islands, not the case. we are going to get a lot more action from this right there. obviously those storms the last couple years have been battered with hurricanes. there is your radar image, you can see all the energy. maybe around vieques, maybe around the british virgin islands and st. croix, it won't be as strong as we anticipated. that's the tropical storm force winds. it continues to strengthen. some indication that it could be a hurricane, maybe very close to getting to hurricane strength pretty rapidly. we will see the wind gusts offshore of mainland puerto rico. puerto rico still struggling after hurricane maria a couple years ago. any wind and rain, their infrastructure is not able to handle this very well. that's what happens in the immediate near term. then it goes over to the bahamas and conditions there are way more ripe for more intensification in the storm to

be getting into better shape. that's why, as of now, major hurricane sometime this weekend. florida, the southeast coast, toward south carolina. may be north carolina. at this point, the message is we really don't know what's going to happen here. the most reliable guidance, both of them going to two very different directions. one into florida. after that, back into the gulf. maybe somewhere in louisiana, tour the panhandle of florida. the other big guidance we have keeps it somewhere toward the carolinas. when we have those differing opinions, the messages everybody in that area should be preparing in the short term. this is the future radar of it. you see most of the energy skipping puerto rico. at least in the short term. then we go into our forecast rain, we are going to get significant rain towards puerto rico again in the short term. our models, this gives you a good idea. watch what happens there. some of them curve off to the right, some go straight. too early to tell. hopefully we will have a better idea by tomorrow. shannon? >> shannon: rick, we will

check back with you. thank you so much. this is another fox news alert as we keep an eye on dorian. a political storm is going over the trump administration plan to divert some disaster funds to do with the crisis of the southern border. this is "outnumbered." i'm shannon bream. here today, fox business network anchor, dagen mcdowell. town hall editor and fox news contributor, katie pavlich. syndicated radio host and fox news contributor, leslie marshall. joining us on the couch, charles payne, the host of "making money" on the fox business network. he's "outnumbered"! welcome, charles. >> charles: thank you very much. >> shannon: we have important topics to talk about. i'm glad we have business experts to break it all down. >> charles: [laughs] all you need now is a psychiatrist to go with it. >> shannon: we are on the couch anyway, might as well get our money's worth! [laughter] trump ms. regions to reallocate millions of dollars in homeland security funding, include dominic including disaster relief funds , to immigration enforcement. they say that the monies needed to deal with the huge influx of migrants at the southern border.

that will increase the number of beds. but democrats, including senate minority leader chuck schumer, called the relocation backwards and cool at the start hurricane season. congressman jackie fire also blessing the decision. because of course is not appropriate. this is a president who is acting without the support of congress in making these various decisions. he has now taken money from fema to support yet another effort. meanwhile, we are going to have mother nature inflicting serious damage to our country from time to time. in the next few months. we are going to have to be prepared with fema having the resources to provide those services. >> shannon: the white house says democrats are misleading people of the nature of those funds. watch this. >> the democrats know this being diverted from anything that can be used for recovery efforts or preparedness efforts.

they know that. this is a flat out lie. if the media is reporting it and continues to do so this way, they either haven't gotten to the conclusion of the fact that this pot of money can't be used for recovery efforts, or they know it and they are misreporting at, intentionally. that's problematic. to be what we have historic context for this. i asked our illustrious brain room, the research department, to dig around. back in august of 2014, president obama was president. they move $240 million. it's almost the same amount, from fema. it was to be used at the border because there was such a crisis there. president obama said, "get it done." democrats weren't upset then. >> leslie: the mcgrath's are upset now for couple reasons .1, beginning of hurricane season. two, puerto rico prayed the president has had an ongoing battle with puerto rico, formerly with the governor was now gone, and continuing with the mayor of san juan in puerto rico. the funds are supposed to be

dashed by the way, i was against those funds to be moved during the obama administration, also. this "absent pass traffic event." when you have a tropical storm coming, not just to puerto rico but florida and as we've seen sometimes we see whether castors and meteorologists say it's coming to florida and all of the sudden north carolina, south carolina, and george are all in play. sometimes it's far worse than we expect and sometimes it is not as bad as we expect. they probated those funds specifically for disaster relief. so it does undermine the constitutional authority of the congressional body. >> katie: we could argue what's happening at the border is a disaster, and customs and border protection and i.c.e. and hhs need some relief and that's why they are the money around. this is something they could look for retroactively. if there's a hurricane that does a lot of damage, whether it's in the united states mainland or in puerto rico, congress can come up with an emergency funding bill and pass it as a disaster

relief to insert more money into fema to take care of the damage that was done. in terms of just throwing money at these disaster relief programs, puerto rico has had a lot of problems. in 2018, the city offices were n puerto rico were arrested for corruption. a number of other officials in puerto rico were arrested. there are questions about inserting all this money. remember, the famous picture of the thousands of water bottles that were left on the tarmac? throwing money at a problem, being very specific about it, it doesn't actually help people. >> shannon: this happens at the end of the fiscal year. money can get moved around. >> charles: it always does. i resent the politicization. that somehow trump is out to get puerto rico on this narrative. i have a lot of relatives in puerto rico. my wife is wife is puerto rican, my father in law and mother-in-law were both born there. they lived all over, including in rural areas. it wasn't just those water bottles on the tarmac. >> katie: lots of other stuff.

>> charles: i had a nephew shall be photographed not long ago of thousands of gallons of water in the woods, that it was left out to right. the mismanagement, the theft. they robbed the people. the people the puerto ricans have elected have robbed them blind and let them down. everything else, you can't complain about the crisis at the border and the things done to address it and then say it's potentially racist towards puerto ricans. i just think the democrats should cool out to, pump the brakes sometimes. let's deal with these crises as they come up. >> dagen: lets explaining the timing of this with some facts. congress was notified of the intentions to divert these funds a month ago. the comment period expired i think on sunday, the notification. period. that's why they're moving out. just coincides with storm dorian, that is moving toward the coast. in the documents reviewed by "the wall street journal," the

dhs sent to congress, it said, "the funds are carried over from prior years." absent significant new catastrophic events, dhs believes the resulting balance is sufficient." so that the timing of it. period. by the way, if they cared about the people of the border, they would have included an increased number of beds in that funding for humanitarian aid that was passed in recent weeks. >> shannon: it would not have gotten democratic votes, we all know that. they give the money for humanitarian aid but they were not going to include the beds. they say they have such an influx of people, they need that money. we will continue to debate this, i'm sure. meantime, democratic candidates with less than 12 hours to meet the standards make up for debate stage. the criteria has at least one of them reportedly resorting to giving away campaign merchandise for tiny donations. whether the candidates have a legit gripe or if the rules are just the rules. and president trump going all out in ripping his primary and potential primary challengers, including a signature nickname.

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♪ >> dagen: president trump taking aim at his republican primary rivals. former massachusetts governor bill weld and former illinois congressman joe walsh, both challenging the president for the g.o.p. nomination paid meantime, former south carolina governor mark sanford says he is considering doing the same. the president treating this. "can you believe it can make a net 94% approval in the republican party and have three stooges muttering against me. one is mr. appalachian trail, who was actually in argentina for bad reasons. another is one-time bad congressman from illinois who lost in his second term by a landslide. then failed in radio.

the third is a man who couldn't stand up straight while receiving an award. i should be able to take them." sanford reacting with this tweet. "so ready for a president that can move beyond either self praise or put-downs, to one who can focus on the debt and deficit and have gone wild under his time in office, spending 27% above obama and deficits even higher. it's time for a change. "and joe walsh , losses radio show after announcing this campaign, says it's tough being in anti-trump republican. >> i'm running for president. i oppose this president. most of my listeners to support the president. it's not an easy thing to do to be in conservative talk radio and oppose this president. >> dagen: if he's in the showboat party, which is the party of one, number two. you have to admit that trump tweet about mr. appalachian trail, it did make you laugh. about mark sanford.

>> charles: here's the thing, with walsh, i think people out there who are opposed to president trump, republican and conservatives -- he has gone overboard. the criticism and the anger. you can feel it, it's vitriol and it goes back to what people call the trump derangement syndrome. honestly, i don't think he's worried about this. i don't think you should be offended about it. the fact they think they can run, their ulterior motives maybe, not sure. it is what it is, that trump has a certain support level. he has taken over the republican party. it's how the trump party. there are a lot of folks out there who long for the good old days, but they don't control the party anymore. >> katie: has more support than he did on election day in 2016 against tiller clinton >> katie: he as more support the entire rnc apparatuses bind and pay the grassroots movement is behind him. the republican challenger isn't going to do any damage, because the people who are looking at a

joe walsh of the same people who didn't vote for a trump 2016 anyway. a libertarian third-party run could be damaging to the president. it could siphon off votes. but it could also siphon off votes from democrats, as well. when it comes to his challenges from the republic and party, it really is a bit of a joke. >> shannon: mark sanford says he wants to do this to focus the conversation on debt. for most people, they won't get there. they are like, "why are you doing this?" >> katie: maybe he should win a congressional race. >> charles: that's 2012. [laughs] both sides are filling in the towel. >> shannon: that that sanford's point. when asked why he's doing it come he wants to have a conversation about the debt. at this point it's not green like you're going to get into a debate stage to talk about that. that's not going happen for any of these guys. >> leslie: it's hard to unseat an incumbent. regardless of who it is. trump is popular with his base. but the president, you talked about with negative and vitriol there for a minute, charles.

the bottom line, when you look at the former governor of massachusetts, he is to the left of where the president in the party is currently. again, name recognition is the number one reason people vote. trump has name recognition over all these people. the name-calling has worked for him in the past, in 2016. lying ted cruz. the work for these vegetables again. numerically and historically, very tough to unseat an incumbent. >> dagen: i hear joe walsh and i just want to listen to the james gang. that's where it takes me. it turns out the bite in camp was right. the monmouth university poll showing the vice president in a virtual tie with senators warren and senator sanders, it was indeed an outline. the posters admitting as much as new national surveys were released today. the "usa today" suffolk university poll shows biden with a healthy lead at 32%. senator warren and second, at 19%. and quinnipiac university also has by then leading at 32%.

warren at 14%. katie, what do you make of this? >> katie: well, i think in the age of people being very skeptical of polling, if monmouth didn't think this was an accurate poll, that it was an outlier, that they only had 300 people they polled, they maybe shouldn't have put it out if they are trying to gain back credibility after the 2016 election. however, the biden camp seems to still be coasting in this idea that he's a front runner, but when someone jumps out of the race to, whether it's elizabeth warren or bernie sanders, when you combine their totals, they are 30 plus percent. and it's great be tough for joe biden to continue that front runner status when one of them is running against him. so they will have to come up with a better plan than just running on barack obama's legacy. joe biden is going to have to figure out where he is, which state he's talking to, who the voters are. and moving forward. the mob to focus on states like wisconsin and michigan and ohio and pennsylvania. that's what they will have to do. >> leslie: i don't disagree with you there.

but biden has more support and appeal to the voters of those states, to those rust belt states. i was convinced this was an outlier because of the data. when you break it down, why was this surge -- especially for elizabeth warren -- she has been surging, but she is not surging at all with ing voters or independents. biden has done the best of minorities, specifically african-americans, and with a white noncollege educated. and he went down there. this was very fast, not the slow decline be seen since some of these gaps. that made me say, "wait a minute." >> charles: we learned in the election was a better indicator of the outcome of the enthusiasm, in the crowds. the energy. biden has none of that. elizabeth warren had much bigger crowds in iowa. bernie sanders gets the crowds. they have the energy. they seem to have the enthusiasm. i think they are doing much better. i would also worry about biden being stuck at 30%. constantly 70% of potential democrat voters are saying,

"he's not our guide. despite how much we know about him. or maybe because of how much we know about him." steve on this box conversation and debate about the electability, his selling point. his wife, dr. jill biden, is out there saying that he is the best chance to win. when this poll came out, all those being drawn back a bit, it sparks that conversation. if you lose is the "i'm the most electable" argument, where does he go if you're not about his policies? >> dagen: i will say one thing, he came out with annette about health care. it was about his history. it perfectly touched on the reason that he is leading in these polls. when he talks about law and recovery. he is at his best. when he talks about healing, he is at his best. that ad, if you can keep that up, he will stay in the lead. that's my argument. particularly if someone finally goes after elizabeth warren and bernie sanders about their policies, that would destroy millions of jobs in this country and take away peoples

gas-powered automobiles in their private health insurance. if somebody has the gumption to do that, to go after e. warren and b. sanders -- i call elizabeth warren e-wazzy but i held that one back. [laughter] president trump ramping up the attacks on the federal reserve and its chairman, jay powell, saying it can't keep up with international competition. so, is the president right to? we debat plus, a new court filing suggests that democrats wasted in launching an impeachment investigation into the president. doing so even before robert mueller submitted his report. does this contradict what democratic leadership has said publicly? we dig in, straight ahead. >> mr. nadler basically coming out and saying, "no, we are not really doing that." so it's been a mishmash of messaging. but the real intention all along has been to try and find a way to impeach this president. ♪ great news for veterans with va loans.

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♪ >> shannon: a new court filing suggesting the house judiciary committee opened an impeachment investigation into president trump weeks befoe robert mueller submitted his report in march. monday's filings seek to compel testimony from former white house counsel don mcgahn, who has refused to comply with the committee subpoena claiming he has immunity. it reads in part, "on march 4th, 2019, the judiciary committee opened an investigation into threat to the rule of law, encompassing alleged obstruction of justice, public corruption, and other abuses of power by president trump, his associates, and members of his administration. this contradict recent claims from house speaker nancy pelosi and a chairman during nadler, who announced "formal impeachment proceedings" earlier this month. here is republican congressman andy biggs earlier.

>> the chairman has been garbled on messaging, and what he wants to do. he has been wanting to impeach president trump literally since president trump won the election. don't forget we've had multiple resolutions in congress to do that. nadler supported all of those. but he needed to get this investigation going, and he basically started that in january when he became chairman. >> katie: the argument from democrats was that robert muir's report is what we look at, we see if the facts lead to impeachment. but the timeline looks like they were going for impeachment all along. >> charles: that infertile is not a shocker. i'm glad it's out there and more or less official, but it does go to show how much they invested in this. how much they were determined to get this done. it is falling flat. i think the party is in disarray and flattery to a degree at something. it's a losing issue for them at this point. >> katie: leslie, should democrats rush walk away from e

russian impeachment to >> leslie: i totally disagree with what he said. democrats have been very split on this. speaker pelosi has been very clear, she has not wavered. she has some of the smoking gun, if you will, and bipartisan support page says this is not the road she thinks they should go down. congressman adam schiff and speaker pelosi would love to have the president impeached, but the president is going to acquit him. they won't unseat him. that would fall flat, and they note -- >> charles: they didn't get what they wanted to get. they promised the american public they would. it looks vindictive and misguided. >> leslie: if you are looking at all of the people or democrats? remember, a majority of democrats want impeachment. politicians, voters. >> katie: if jerry nadler believes the impeachment had to be done for the moral code of america, they would do it regardless of of the senate would do. jerry nadler has been fund-raising and sending a bunch of emails around thing that impeachment proceedings have

been launched. can you explain the difference between an official impeachment proceeding and the pseudo-one that nadler is doing for political reasons? speed when you hear from the top, the republican on this committee, doug collins, saying they've talked about this in one way or another. but he says, "we haven't voted on anything. they violated the committee rules by moving forward. the house hasn't done anything." in the documents, when they file them in court because they want to get grander information that they want to force mcgahn to testify, they have to give some sort of justification to the court in order for the court to force that. so they say, "it's part of our impeachment investigation." i think a lot of it is semantic at this point. but we know publicly they've been saying, hands down, don't want to talk about it because it's not there yet. it seems like the chairman of the judiciary committee, jerry nadler, where all of this was launched, he would preside over the impeachment. p has been chomping at this and trying to get at it for a long time. she has been able to hold them off publicly, but privately he

has been reactive on this. >> katie: dagen, nadler is facing a primary from the left in his district. so he's trying to push this forward and being very dishonest when he calls it "official impeachment proceedings while not actually having an official inquiry open. >> katie: this is his life calling, in terms of elected office. that's what's going on here. i thought the whole plane was going to be that they would have bob mueller testify, and he was going to explain to the american people why impeachment proceedings were necessary. and that fell flat on its face. it went nowhere. he actually indirectly made the case against impeachment, and it seemed to go away. but now nadler is still in the background. when will nancy pelosi step up and say, "we need to move on from this?" >> shannon: there was a call last week where i think she talked with the group again and said, "listen, we are not there yet. i need you to stay with me. we have to have all of our ducks in a row."

with the number of democrats not on board with this, it's actually growing. >> katie: that's true. on the list of issues people are concerned about, russia barely makes a mark at the bottom of the list of things. and yet democrats are trying to continue this narrative of impeachment on russia, which is an issue that -- people don't believe in the narrative and they feel it don't dumb i can't affect them. >> leslie: that's why speaker pelosi's is talking up putting it on the back burner, because you're not there yet. and she feels we want to ever get there. but there are those that feel -- tom steyer is very vocal about this -- that it's the constitutional responsibility of this house, knowing the senate is going to acquit, knowing that he's not going to be removed, to proceed based on the information they have thus far with a potential obstruction of justic justice. >> dagen: here's what we do know -- the fbi counterintelligence investigation went ahead and the mueller investigation went ahead. so what are they pending all

their hopes on? don mcgahn at this point >> shannon: on the other side of this claim, there will be news from war with very soon >> katie: and bill barr. moving on now, the college board now scrapping its plan to assign a so-called "diversity score" to s.a.t. takers, and replace it with the new system to account for differences in student background. but we would really level the playing field? we will debate that next. ♪ >> america trust us to do this. to give you a sense of what you have achieved. they don't score diversity. there's a company that's talked to even more real people

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so you feel refreshed. aleve pm. there's a better choice. front slams on his the hbrakes out of nowhere. you do, too, but not in time. hey, no big deal. you've got a good record and liberty mutual won't hold a grudge by raising your rates over one mistake. you hear that, karen? liberty mutual doesn't hold grudges. how mature of them! for drivers with accident forgiveness, liberty mutual won't raise their rates because their first accident. liberty mutual insurance. ♪ liberty. liberty. liberty. liberty. ♪ ♪ >> shannon: the college board now abandoning plans to assign a so-called "adversity score" to every student to take the s.a.t. after criticism from educators and parents. the original tool combined data from students high schools and their neighborhoods. they were assigned a numerical score. critics called it an overreach

on the board listened. they've announced a revised plan called "landscape." it's going to include most of the same information about student backgrounds but it won't combine the data into a single score. here is college ceo this mornin. >> note test can equalize what is unequal in our society for those forces are strong. here's what we can do -- what landscape does is if you come from a rural school or a small neighborhood that is unknown to the admissions officer, they will equally have information about it as if you came from somewhere they knew. that we can do, and that is fai fair. >> shannon: let's talk about this. my mom is a teacher, so the only reason i went to a nice private school, which we could not have otherwise afforded, which was because she taught there. this score will go in and someone will think as part of my adversity score, i went to this great private school, we must have money. all the things we didn't have. these numbers can't actually distill everything. >> dagen: the where the score was originally designed come to

your point, and the water turnover journal written inventory about the reversal bye college board, a disadvantage student attending a high income high school might not get a boost but a well-off kid with parents who are phds and a lower income town could benefit and then middle-class parents might be discouraged from seeking better education opportunities for their children. so it was well-intentioned but a huge failure. so they clearly were not smart people were don't like working on this in the first place. >> shannon: and the data is still going to be out there, they just won't combined into one score. the information will still be available to admissions counselors. >> charles: if you like a lot of entities in this country are trying to appear to be woke, whether it's a business roundtable last week, profits don't matter anymore, college admissions. if you really want to address this, they would address it at the very beginning of academic life for kids in this country. because in new york city it's getting really crazy. bill de blasio doesn't want the gifted and talented program anymore. that might go away. he wants to take kids who have

earned a place into the best schools and put kids who couldn't pass the test in, hurting both sets of kids, by the way. so i'm really concerned about this. instead of getting back to basics, let's teach our kids the toughest curriculum out there because the global economy on the global world is gaining on america. let's not try make it up with this kind of nonsense. >> shannon: one of the things i thought was interesting, before the old way of doing this, the information what to admissions counselors and they were the only ones who could see it. so you wouldn't even know what was in your own score. now they will let students look at it. that might be a positive development because you could correct or contest something if you say it's not even accurate about your life. >> leslie: i agree with that, but i'm against it all. all of it. absolutely. i'm against standardized testing for a couple reasons. in a standardized test, and i shouldn't say this. i'm going to get treated. [laughter] i'm a enough, i really am. every time we talk about the economy, and gladly we run out of time.

so don't like but i have a genius iq. i'm smart in other areas. i say that because that's how my children are. my children sitting out there like this. some kids have strength in computers. standardized test doesn't test that. the artistic design, they can do something in illustration, in graphics, in literature or history. it comes down to math and verbal. verbal. it's archaic in my opinion. adding something to to the sysm that's already archaic is not fair to children despite the socioeconomic backgrounds. even more so, to that child who maybe is gifted in areas they are not being tested. that child was missing her. >> shannon: do you think all the tests need to go or that it has a place? some kind of criteria -- >> katie: i understand they need some kind of standard of how they judge everyone equally. but i also am a terrible test-taker. the only good part of the s.a.t. for me was the writing portion. my parents sacrificed a lot,

spent a lot of money on s.a.t. camps. i went to camp for a week and still bonds the s.a.t. just saying. >> leslie: if somebody has money -- >> katie: my parents didn't have money but they prioritized sending me to recant. sorry, mom and dad. the point is it's not an accurate reflection, and people learn differently. having them take a standardized test that doesn't actually show what they can do in college were at an art school, i don't think it's necessarily good for the country. >> leslie: a growing number of schools have become test-optional. you're going to charge a quarter of a million dollars for four used educated cool , let the universities do a better job of discussing don't like of these children are as individuals rather than some inscrutable score but fails. you and we know how a lot of you if you only count about this! president trump not holding back, ripping the federal reserve. saying they want to see manufacturers struggle and that

its letting other countries take advantage of the u.s. what could it mean to the economy going forward? we've got experts on the couch today. >> leslie: not me! [laughter] >> i'm not happy with jay powell. i don't think he's doing a good job at all. i don't think he's much of a chess player, but i've got him, so, you know -- that's what i don't keep track of regrets.

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♪ >> dagen: president trump ramping up attacks against the federal reserve, blaming the central bank f keep pace with the global markets. tweeting this -- "our federal reserve cannot mentally keep up with the competition. other countries at the g7 in france, all of the other leaders, were giddy about how low their interest costs have gone. germany is actually getting paid to borrow money, zero interest plus. no clue, fed!" a former high-ranking official, meantime, from the federal reserve, penned a new op-ed suggesting the central bank should make decisions with the election in mind. it reads in part, "central bank officials face a choice. enable the trump administration to continue down a disastrous path of trade war escalation, or

sent a clear signal that if he had administration does so, the president, not the fed, will bear the risk. including the risk of losing the next election. the federal reserve actually had to disavow these comments, saying politics does not play a role in policy decision. this is bill dudley, who wrote this, charles. he is the formal don't knock former vice. he is making the fed chief's job harder by politicizing the fed while the people who still work there are trying to get precedent trump off their back. >> charles: it is so despicable what he said and so shocking. they created out of thin air $4 trillion to save big banks have mismanaged and gambled themselves and the entire country to the precipice of collapse. so it was okay to rescue these banks with trillions of dollars. would he saying to his

ex-colleagues, "with the economy collapsed potentially. let mainstreet suffer because we don't like the way president trump is doing his job. the postcode it's really scary stuff. >> dagen: that policy that popped up president obama's economy, that was one of the reasons, one of the only reasons, that we can recover from the 2008 financial crisis. bill dudley wrote in this -- by the way, germany's economy is contracting, so i don't know what president trump is talking about and that to reach. the economy is negative along with interest rates. trump's reelection arguably presents a threat to the u.s. and global economy to the fed's independence. if the goal of monetary policy is to achieve the best long-term economic outcome, the fed officials should consider how their decisions will affect the political outcome in 2020. this man -- let me say this, he has lost his mind. i'm not talking about president trump. >> charles: he is sounding like bill maher, to let this whole thing build out. we have a consumer report

outcome of their two parts. it has an all-time high. earlier this week, we learned that businesses are still investing. that business investments for the third month in a row are positive. with trump complaining about it, i think he's got a legitimate complaint. jay powell has botched it many times. not for his actions, but also for his words. scurrying back out of wall street. there is no confidence in the federal reserve right now and he's going to have to -- jay powell has got to find a way to make everyone feel a lot more confident. i'm not sure he's up to the pass right now. we want if i'm still online shopping, is that good? >> charles: that's great! [laughs] you are doing your part! >> shannon: i'm contributed to the u.s. economy! >> dagen: u.n. consumers nationwide. people are earning more money, after inflation. and that is the bedrock of this economy right now. >> charles: the american consumer has been a ruggedly strong. last thursday, target stock was up 21% in one day, hitting an all-time high. walmart is that all-time high.

guess how much shake shack is up? 130%! [laughter] >> shannon: no comment! >> charles: we love our jobs, we are getting raises, and that's the bedrock. with our things we should be concerned about and the fed has got to pay attention. >> katie: any time you advocate for the political economy, it's politically disgusting. you are hurting real people. >> dagen: indeed. you want to say something quite? >> leslie: they told maccabee for this! >> katie: "i don't do math, i'm out!" [laughter] >> dagen: hours left to qualify for the third debate. the lengths some are going to try and make the cut. ♪ wow!

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but dad, you've got allstate. with accident forgiveness they guarantee your rates won't go up just because of an accident. smart kid. indeed. are you in good hands? ♪ >> katie: 2020 democrats facing a midnight deadline to qualify for the third debate. some of them already making the cut, but senator kirsten gillibrand, has yet to reach the threshold, is reportedly pouring funds into a

$1 t-shirt giveaway to try and get the thousands of additional donors she needs to qualify. a washington analysis shows that gillibrand could lose nearly $130,000 on the cost of the shirts alone. this, as some democrats are complaining about the rules, which includes having contributions from 130,000 unique donors and registering at 2% and four approved polls. a dnc spokesperson defending the criteria today. >> 2% is not a high number. if you look at past history in the last 40 years, and he went under 2% in the fall before a primary hasn't gone on to be the democratic nominee. so this is following with history. >> katie: albright, leslie -- marianne williamson has the donors, but she doesn't have the polling. kirsten gillibrand doesn't have the donors. where do you see this playing out? >> leslie: i think everyone in life has that "come to jesus" moment.

>> katie: time to drop out? >> leslie: there's going to be one nominee. if you are not in the top three, if you're not even in the top five, you are not going to be the top one. i'm sorry, that's the reality. these are numbers. and i don't even know numbers! i can tell you that! [laughter] she can sell the teachers if she wants. even if she makes it to this round, she won't make it to the next. she won't be the nominee. there's a point where you just have to say, "okay, i tried my best, i'm not going to win and i will put my name -- be free money man charles, is this a good investment for her? $130,000? >> charles: it's not a good investment, i don't think. it feels like her jeb bush moment when he said, "please clap." [laughter] it's over, it's time to move on. you give it the old college try, you're still a senator. maybe give it a shot again. but it smacks of desperation and it's almost sad to see. >> katie: dagen, should they stop trying to make gillibrand happen? it's is not happening.

>> dagen: she was the first center to call for to resign, she said bill clinton should have resigned during the monica lewinsky problem. that turned a lot of people off. remember, she is brag about having long gun under her bed? absolutely. i was going to say, she would be better off selling bottled "eau de desperacion!" because that's what this reeks of, what she's doing. the writing is on the wall. move along. >> katie: who do you think will drop out after the second round? also, do you think this will give top-tier candidates a better position to actually explain their policies rather than 30 seconds here and 30 seconds there? debate each other rather than introducing themselves to the country? >> leslie: absolutely. they will have more time and they will maybe get some support via the polls. god, tulsi gabbard is going to be out.

gillibrand is going to be out. yang is going to be out. bullock is going to be out. i don't know about pete buttigieg. >> charles: are you excited? are you really excited about this group? i don't feel any excitement. >> katie: she was a beto gal for a while. >> leslie: i was biden-beto! i'm excited about my party not doing what they did in 2016. uniting a 2020 behind one candidate that could make donald trump a one-term president. i've said all along and i continued to say that i think f joe biden, of the group, is the one. >> katie: that was a lot of words! >> leslie: i was excited for hillary! b3 that's a long way to say "i'm not that into it yet!" >> charles: i will give you the benefit of the doubt! >> dagen: that was a word salad! [laughter] >> katie: that was almost as bad as dr. jill biden endorsing

joe biden's candidacy. but i'm sure he will make up for it at some point. as for us, thank you to charles payne for being here to explain a bank to us. we are back tomorrow at noon eastern. now here's shannon and for harris. >> shannon: this is a fox news alert, forecasters now wearing that tropical storm dorian could hit the coast of florida as a category 3 storm this labor day weekend. i'm shannon bream and for harris faulkner. the path is still far from certain, but right now puerto rico and the british virgin islands are bracing for intense rains and potentially life-threatening service. the hurricane center saying that dorian is likely to become a hurricane as it passes over the islands later today. and it's expected to strengthen even more as it barrels towards the u.s. chief meteorologist rick reich move is tracking the storm. with the latest? >> we are getting right toward the peak of hurricane season. this is a six month long season. september 10th is the cl