[laughter] >> just drink it straight we go. >> is going to be like a long island iced tea. >> 69th infantry regiment, looks like yesterday's st. patrick's day parade, fifth avenue there a mail adult off of every syllabus and veterans may. >> these aren't excretion auteur website. sometimes is expected to be arrested on tuesday and this is derek law enforcement prepares for possible indictments. struggles with the secret service, exactly how to go about that whether it involves a former u.s. president. it would be a first grade all of this stems from manhattan district attorney alvin braggs a month-long investigation into alleged hush money payment the former president made two pouring star stormy daniels back in 2016. again over an alleged decade-old

sexual encounter. trump himself is long denied any wrongdoing is: brexit investigation political witchhunt. "cavuto coast-to-coast" is true social platform and all caps no less to announce investigator or pursuing a fairytale he claims has long been debunked before president went even further calling for in his words take our nation back. some have interpreted that as a rallying cry to his base, came to the type of language used and of the generally sick storming of the capitol some two years ago. welcome everybody i am neil cavuto. fast-moving legal developments this saturday morning here back-and-forth on not only truth social from the president and some of those who speak on his back by half. but the legal community wondering how long you can go with a possible arrest done to fingerprinting and all of that with the secrets is having a great deal of influence and sway us to decide how far that goes for a former president looked

get right to it right now with tom diprete the former district attorney general joined us on the phone i believe. tom, first of all the significance of this? >> neal, it's hard to overstate the significance is that that literally without precedent in american history part of the next week we are going to see something again seen before it's going to meet negotiations over the surrender and of a former american president breaking imagine just the complications of how he would make this happen. needless to say it's not going to be like an ordinary arrest is going to be heavily negotiated. you have to provide for and for present security until you can to tamp down what i'm sure will be a media frenzy to end all media frenzies. neil: to paper on the former president talent, unfair frenzy. this coming from a trump spokesman a few moments ago and i quote here, there has been no notification other than the legal leaks from the justice

department and the das office to nbc and other fakeness carriers. the george funded radical left democrat prosecutor in manhattan has decided to take its witchhunt to the next level. president trump is rightfully highlighting his innocence and the weaponization of our injustice system. he will be in texas next weekend for a giant rally make america great again. so it seems at this point, tom, the former president people around him are using this as a rallying cry quite literally. this could be on tuesday kind of like a circus. ask a circus is an understatement. i think this is going to be absently crazy. one thing that is interesting to me is that we are sent now the snare prosecution getting out in front of other possible missions. this new york case is always struck me is probably the weakest among the various things they are looking at the former president and considering charging him for. until effect this is going to be the one that sets the on that

sets the tone for the first out of the gate east on that weakest legal allegation of all of the various, i think it gives the president and his supporters strong ammunition to argue this is going too far. b6 cannot go back to discussions the das office restraint is not required? a former president we are talking about here. but i am sure even the metric should go through, you have to be careful when his traditional and someone is arrested as they are fingerprinted and photographed. how does the process go here? this is kind of new ground. >> arrangement, they have to draw this all up from scratch. my guess is the way they're going to do this as a central be completely different from the way any other american citizen gets arrested. a separate and segregated from everyone else is being taken into custody. think the whole processing is

going to have to be very different. they're going to have to ensure they include the four president security and try to have to do what they would normally do with anyone else gets arrested but do it in a way that does not jeopardize security. that's why they're having authority with the secret service on this. >> how does this affect someone is running for the presidency? can he run for the presidency if this happens? or doesn't limit what he does if he wins back the presidency? can he take for example the office? >> yes, he can keep doing what he is doing. there is no legal impediment to him continuing to run as a candidate for president of the united states. again it is unprecedented. the only obstacle here is political. obviously this indictment happens it will become a constant topic of conversation in the campaign. it may pose political concerns. but legally he can do it, nothing stops you from running

for president we are indicted. neil: where you think this goes? as you said there multiple other investigations going on. this seems like one of the less weighty ones. but when something like this happens, it doesn't influence other cases, other litigation? or is it looked at in their own separate packet? >> eight should be looked at in their own separate vacuum for each prosecutor in this a bunch of prosecutors look at the former president's conduct. in testament their own choice whether to bring charges. not since their independent separate. on the other new york dna has broken new ground, mainly indicting a four president print will provide a roadmap of sorts to other prosecutors. they will not be the first was to indict a former president. in a way it makes them easier. it makes it easier for them if they decide to move forward with charges. but as i said i think

coordination or thought about this, this is not the first prosecution i would have brought. i think they are taking a big risk for moving ahead with these charges before the other charges on supporters are going to be able to argue in regards to this case it's a political charge rather than with a can of the other. >> got it, tom thank you very much former assistant or deputy assistant attorney general. katy, we are learning right now if people are waiting to hear from the manhattan d.a. office they're not saying anything or commenting on the truth of social, i am just wondering how you think to say goes down? >> obviously there's been some conversations behind closed doors. this is been leading to the precipice here. trump has made clear he is not going to fight some sort of -- is going to surrender.

i think in a case like this with charges there's very little likelihood he is going to be held in confinement pending a criminal trial even if he is indicted. in terms of the perfunctory motion of the criminal charging process he will surrender. he will be charged and appear before judge at some point. likely will be released even if it does proceed like i said on the path to trial. ask a presence long argued he never did this. never wrote a check to silence stormie daniel of course when his former little confidant and fixer said just the opposite. he argued the former president didn't tell him to write a check for 130,000 dollars to her back in 2016 as an effort to silence her presidential run.

weighing whether in their opinion it did. sortie think this goes? >> forward with an indictment. on the other hand this case does not present the issues the other trump investigations too. this case alleges conduct that occurred before he was president. see you do not run into a lot of the same cause additional issues but in terms of the facts of this case he said, she said in terms of the circumstances of the payment. that remains to be litigated. i think that's not that strong on its face. this is been known for quite some time for theirs is a debate whether payment was made to influence an election and was improper under election laws. or in campaign laws for that matter. or whether this was a contract negotiation of some sort. obviously as a biased witness as a plenty of reason to say when he sent about donald trump. whether or not the prosecution

can prove that beyond a reasonable doubt this was a purpose and the intent trump was a personally involved with that. too that extent i think it's going to be an uphill battle. on the legal side of things as i mentioned, this case is cleaner in terms of the confidential dealing with the former president. neil: are still separate investigations going into whether he incites in the january 6 crowd that would eventually storm the u.s. capitol. whether he incited them all over again with this worsening to take our nation back. some, as i mentioned at the outset think this is very analogous to what he did before january 6 and on january 6, your thoughts? >> i found that to be equally as vague in many ways. i think words can be interpreted in many ways. when you talk about criminal prosecutions we have to always keep in mind prove beyond a reasonable standard. it's incredibly high. there is this susceptible to any

meaning you're not going to reach that. in terms of fodder, shorebird proof beyond a reasonable doubt i will be very they can get to that standard. with that sort of language. but again, this does seem political burden is political irrespective of whether it's also legally sound. when you a lot of conversation about the timing that motives behind this. i think this is a big risk, honestly. we will see how strong their evidences. neil: i will ask you when i asked tom before you, if found guilty of essentially making a hush payment to stormie daniels arrested as such, can he run and continue to run for the presidency? and should he win can he take the office? >> the timing is going to be very interesting. the election is going to come appear potential before this

case is even fully litigated if it gets to the point of a verdict. so i believe yes he can continue running for there's nothing that stopped him from campaigning. as i mentioned earlier i do not say he would be held in confinement prior to a trial that follows on that path. in terms of this issue very first impression, there is going to be a lot of things we are learning about how this will play out pretty terms of the constitution yes he can run, he can continue to campaign this will maybe overshadow or motivate people on one side or the other. it certainly will be a huge impact on the election regardless. neil: aren't thank you for that. let's look at the political impact will work closely with phil of real clear politics. what you think phil? 2024 campaign and every one of those 24 presidential hopefuls is not even declared yet they and their staff are sitting down this weekend trying to figure out how they're going to respond to the possibility of an indictment. in a fall in line with the warm

present argument is politically motivated? do they stay silent or can they make it argument enough is enough about her think the president's meeting treated fairly or unfairly that may be a candidate, a nominee without these kinds of legal troubles might be the person to take the gop back into the white house. but a moment this news and broke i was reminded something senator lindsey graham told me last summer. he said trump had a very gunshot and not just the nomination but winning the white house if he was able to focus on everyday issues. he was able to tell the american public how he was going to improve their lives. the senator added though if it was a grievance campaign things will be much more difficult. on this front with trump, indictment and these charges have been brought to him. so far he is embracing the fi

fight. he has survived so many doing full incidents. this could in fact rally his base the weight and keep others have recently. still planning a big rally in texas likely a very big crowd. this might help him. >> donald trump realizes martyrdom is political currency. that is why the former president, when asked this question about a possible indictment said matter-of-factly that he thought it would potentially get him more votes. he is been arguing for some time perhaps with some reason in the minds of a lot of primary voters the russian collision investigation was a hoax. in their mind they see this in a similar category. so, certainly this is a unique candidate who is taking something that could be a liability and trying to turn into something that would boost and propel him. proxy has done before, and give

very, very much but will keep you posted on this keep you posted on the fallout from all this rescues tens of billions of dollars for so many u.s. banks there is still in a world of hurt and their customers still wondering am i in a world of hurt to? >> it is serious stuff because i don't of my money safe or not. >> hopefully we have learned lessons of the past that can help us today. we all need cash in the bank to stay ahead. well here's great news for veterans who own a home. home values have climbed to near all-time highs, too. that means the cash you need is right there in your home. newday can unlock it with the newday 100 va cash out loan. it lets you borrow up to 100% of your home's value. not just part of it like some other loans. pay down high-rate credit card debt, consolidate your second mortgage and car loans, and have the security of cash in the bank. the va has granted newday automatic authority. when banks so “no” to a veteran, newday can say “yes.”

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fernand and st. patrick's day yesterday but the markets were not lucky is the fear of what pain could fall loomed large print would start still come out and put not only has this parent company filed for bankruptcy, but the fdic launch a second attempt, remember lessening of the attempt failed to sweeten the deal u.s. regulars are now reportedly willing to share those losses. zooming out contagion fears openings mercer public under the microscope as well both suffering major volatility in the stock prices for support swirling either can be right for a sale. in the interim both received achish influx aimed at calming those liquidity fears regarding a $50 million lifeline from swiss national bank with first republic and a 30 billion infusion for that rustic information banks like jp morgan, bank of america helping to avoid further damage. they escape both stocks and initial boost stocks plummeted yesterday first republic closing 33% down. you can see them drag the other regionals with it. for some context the regionals

are under pressure that similar risk profiles for that is problematic to small businesses in communities across the country depend on them with comparisons to 2008 living we asked americans how they are feeling. this will scary to know the smaller banks are not all that small could have a trickle effect and affect the entire economy. >> banks feel like they have an insurance policy when there really is no incentive for them to clean up their practices. got to pay the taxes to prop up these companies again. and we shouldn't. if it's going to fail, let it fail. once you are really hearing the fear of contagion. and in practice that bear could end up being just as dangerous as an actual liquidity problem, back to you. neil: thank you kelly, i think. want to go down to how the president is responding to all of this and how far you go with rescues, if you go that far because they've already had some pricing once but let's go to alexandria hoff with more for the white house. tightening my present buying

once congress to act on a hole to account for opposing higher fines making as executives cannot profit at a time there banks are then failing. according to a white house fact sheet that was released yesterday the president is asking legislators to give the fdic greater authority quote banks fail because of mismanagement excessive risk-taking should be easy for regulators to clawback compensation for executives to certain penalties from working in the banking industry again. remember silicon valley bank ceo millions in stocks just from the bank's failure. as a present a part for delaware yesterday he feels any potential banking you confident than the banks prices and on down? yes. constantly many karen plans include regulars on investigation into s may be for justice department doing the same. republicans fear that while tax

bills were not directly bailout depositors the fees and banks will have to pay the fdic will then be passed on to consumers. and here and hearing thursday, treasury secretary janet yells in the banking system is sound. but could be called completely devastated if an agreement to raise the debt ceiling is not made. the pay all of our bills on top and not to pick and choose which bills to pay. as a recent treasury secretary's for both parties have rejected this incredible risky and dangerous idea and he has been tried before. >> mccarthy president biden on a deal to raise the debt limit, neil. neil: thank you for that. with all these rescues of regional banks kevin o'leary has a simple question. do we even need all these regional banks? he is next.

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right, the rescues continue. the different some of the big money center banks putting up to support banks like republic and some of these others that you have heard about. they are on the hook to billions of dollars. and for the billionaire hedge fund manager bill could lead to a contagion. because now they are on the hook. kevin o'leary with this shark tank investor, brilliant. i enjoy have talked in the past week albeit under these circumstances. what you think of what bill is saying in the big banks are contributing to these cash lifelines if you will. they are on the hook for something that can be very nasty, what do you think? >> i agree with him. as a ship of j.p. morgan i do

not understand why i take my capitol put at risk in republic which is a poorly managed basically regional bank. if it goes to zero tomorrow morning does not affect me here in florida? or in texas, or in north dakota or montana? no, it is just a poorly managed bank. i do not fear a run on the entire banking system because a bank in california or silicon valley bank a second one a signature bank, they are poorly run banks. there are all kinds of business in the affairs of the economy to go to zero because an idiot management. it is no different here. do not buy the contagion story anymore. do not understand why i is a taxpayer have to be on the hook to support any of bank managers. i say let them go to zero. will take some volatility what's really making me unhappy as i take my shareholder value and banks that i do own in the big ones and put at risk as this

capitol in a crappy bank. so that he is correct and i do not like what he is going on there for a lot of other shareholders do not like it either. the sun to clean the regional bank think of it. fifty years ago it made sense to have regional banks because of the different types of economies at each region. that was before there is digitization don't need regional bank you could argue the commercial real estate they issue that real estate has a value the market will absorb it. if a mark has to feel it's a regional bank, let it die, that is an important thing to do to clean up out of the banking industry. you've got to remove the idiot managers. neil: what if they're not idiot managers they got caught up in the fray. what if others are in trouble right now because a lot of customers hearing that regional banks are subject to this are going to bigger bags. i think is $20 billion, kevin, if i am not wrong that has made its way to big bags like bank of

america, j.p. morgan, chase, wells fargo. and that is the regional banks are witnessing this. and now limping along because of this, what you tell them? >> i say so what are you cannot force people to put money in a bank even after you prop it up after that they lose confidence in it. let's take first republic where there's not a chance in the large businesses ever going to put in a counter going forward, white risk at all? why? what is the point. it has already been stressed. the brand is trashed when you have an example of this for 20 years credit suisse has been a zombie bank because you cannot convince people to put their money there for whatever reason it is. once a banks brand has lost confidence with the consumer base it is over. so, first republic it is over it is a zombie bank. you can prop it up day after day. you can keep saying nice things

about it but you can't force the horse to drink the tainted water. that is what we going to find out about this. we talk about first republic in six months going to zero, we wasted a lot of money during that period and it is going to happen. let it die. neil: but in the meantime, are you ever scared of a possible moment, that all of the sudden fear builds a sphere, the stock market pounds all types of ba banks. and that is the currency for their business and is melting away if it were to sustain itself get worse. >> okay, lehman brothers went to zero, is anything in the u.s. economy? no. stearns, see report i remember the trauma of that occurrence. i had an account there what happened to the u.s. economy? it continued to grow. enron, does not matter today. there's going to be in the democratic capitalist system the

best in the world by the largest economy still. it has tremendous resiliency. it passes over steam roles idiot managers because the fundamental economy is sound. so it is okay to let the losers lose and let the winners win. there are lots of examples of countries gone through this already decades ago that are consolidated down to it oligopoly of large financial institutions at service the economy well and compete. tinnitus worked tiny regional banks and have no fundamental reason for being there anymore, they just don't. 99% of financial transactions it at the consumer business level are done online agnostic to location. the standard joke is show a 26 year old person today a bank branch. they have no idea what that is nor do they want to stand in line in there. they don't get it. that's the new generation coming into the market. neil: raise a very good point,

all these points. thank you for coming in this already enjoyed chatting. >> take care. musics are at kevin o'leary on that current renal interest rates are declining market rates are in fact going south. so you would think that provides a good backdrop to all of this. maybe venice for socks and goodness for housing the string to seek out a mortgage, not necessarily, after this. with voya, considering all your financial choices together can help you make smarter decisions. voya. well planned. well invested. well protected. it's daylight saving time. what's the big deal? what's the big deal? what's the big deal? ♪marching band music♪ scotts daylawn saving is the biggest deal of the year. stock up early and save up to $20 dollars on the best scotts products.

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neil: alright, that is an extreme case of real estate gone bad i guess. in this case with so many regional banks under the knife, then the issue becomes finances housing activity they are a key part of? jeff has more. issue with money coming out of the regional banks into the larger banks is that there might not be a lot of money left there

to loan to single-family home buyers as well as the people who develop single-family homes as well as townhomes and others. this is something called the ashburn meadows a project just outside of philadelphia. ninety-eight single-family homes and 55 townhomes being built here. 80% of the commercial lending in this country does get done right regional banks. 60% of the residential lending in spite regional banks. that has led the national association of homebuilders to say and i quote them now, a follow on effect of the pressure on regional banks as well as continued fed tightening will be further constraints for acquisition, development and construction loans for builders across the u.s., some impact there as well as we talk to a realtor in miami who says yes, they're going to feel it too. the squeeze on potential home loans. >> i think that definitely the capitol outflow of the regional banks into the big banks is going to cause a lot of

liquidity's in the small regional banks and the upcoming days and weeks. they are going to have some of the issues as well. they may be making loans on the local level. >> new home owned rates now hi. little down in the last week from 7% to 6.6% for the average 30 year. six-point to 2% down to 5.9% for the 15 year term. pending home sales have been lagging vertical to the folks the lack of supply has put in home sales down 16% year over year so far in 2023. so the tentacles of the problems with the banks reaching out into many sectors of this economy. back to you. neil: and jeff locked thank you for that project just mentioned redfin in the survey outfit shows the housing arena has got almost to a halt down from the pace it was at.

glenn is the ceo of redfin and joining us this saturday. glenn, always good to see you. what do you make of the impact right now of this regional bank situation and the fact it scared enough people to buy bonds and send yields down. mortgage rates down half a point in just the last week or so. that would at least look to be constructed for those who want to get a mortgage, how are things? >> well, it has had a market impact on the housing industry. we wore lungs a week march 10 to date silicon valley bank failed. we have been surprised at just how minutely sensitive homebuyers are to make decreases. we saw some relief in january and the rate back up to seven. and now buyers have come back. i think everyone feels anxious about the overall economy.

we want to believe all of these banks are going to make it. getting rate relief is made a big difference. >> a lot of these bank make mortgage loans but where their victim of the bad business practices of the silicon valley bank, they are affected by this. wondering if they are less inclined may be more inclined to lend. >> well, the federal government is behind most of these banks. so yes we have several lines of credit some with regional banks that we used to fund loans until we can sell those loans to fannie mae and freddie. mostly standing behind with the giant and has been since world war ii. though i don't think there will be a lack of liquidity in the mortgage market as long as rates stay under 7%. the housing market should be better than it was over the past 45 days. >> it should be okay.

but let me ask you another general question we are all waiting on this week. that is the federal reserve meeting, or it will decide whether to raise interest rates up until this old bank nightmare and look like a rate hike was certainly in the cards. some will say maybe not now only quarter of percent. i would be curious what you would think? >> i am not a federal reserve expert. what's priced into the market right now is a 50/50 bent between note rate increase whatsoever and 25-point increase. might money is on the 25-point increase in think the fed got rattled and how strong inflation was in february and took their foot off the brake for just a little bit in the car started really, really fast on the hill again. i do not think they'll get fooled again. my guess is he'll be a court of port rate increase even though the economy is pretty generation. it's tough though. >> you talk about the economy

being jittery. i can remember this coming the meltdown 15 years ago, a lot of things went out the window like a normal rational reaction to developments. people panicked. stocks tanked in seaford deals the currency for lending and everything else was imploding. and it fed on itself. you think anything like that? whether it's justified or not that could happen. all the sudden we are between iraq and hard place. to predict a black swan events incident on here and say smugly that the financial system is sound. i think markets are very emotional. right now people are freaked out about the regional banks. it's going to be hard to restore confidence. the government stepped in about as strongly as it can. so who knows what is going to happen. i don't think anyone saw silicon valley bank coming down like this. i don't think people saw credit coming under this much pressure.

at some point the government's credibility itself is going to come under pressure because it is just so hard to restore confidence on the bank of the people don't believe you. >> hope it stays that way no big money center bank vault. those are the most worried the hedge fund billionaire some of the big money banks like bank of america, wells fargo, chase have given money to support republic. they are on the hook too. though they are potentially in the middle of something that could spread, when you think of that? >> will bill ackman is one of the most staged financial wizards in the world. i think there are dependency between the regional banks and some of the bigger banks. i was to the bigger banks have more stable base of depositors. they have a more diversified portfolio. they also have more regulatory oversights since 2008.

they are much more stable. but it is anyone's guess. neil: anyone guess. i was good catching up with you. the redfin ceo. you don't get someone says get out of town, get out of town. in the meantime the push right now to sort of get rid of tiktok but in a nice way, i will explain after this. and a hunter. that's why you need versatile, durable kubota equipment.

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p6 all right, how far you take this movement to reign in tiktok, shut it down? question is practices and make sure those practices are shut down. a lot of options no clear answers yet. grady trembled with more from capitol hill. but neil, lawmakers were grill tiktok ceo next to this no shortage of topics. latest controversy the federal

investigation walter john reports the fbi department of justice are are looking into like tiktok chinese a parent company spied on u.s. journalists in an effort to identify leaks of confidential company information. tiktok tells us the employees involved are no longer with the company. separately, we are learning tiktok is collecting data on you even if you have deleted the app from your phone or never had it on your phone in the first place. the company has trackers on a bunch of websites we visit. other tech giants like meta and google use similar trackers for advertising purposes. the added consumer tiktok is a convention or the information it collects with the chinese government. you may have noticed the president taking a tougher stance on tiktok lately. telling the app to divest from its chinese parent company or face a band. some lawmakers though state divesting does not cut it.

>> it's a step in the right direction but does not get at the root of it. that's why we need to deal that legislatively need to ban the app. we think it's a really tool of the chinese communist party. i don't think we're going to be a strong nation with what they're doing with tiktok. particularly the messages china is pushing on our population. >> publicly tiktok is said it does not need to sell to keep americans data out of the hands of the chinese government. but, behind the scenes a company is reportedly in talks with potential buyers. b6 grady, thank you for that in washington. meanwhile we have banking problems, franks has for the time being bigger problems. people enrage in that country over efforts right now not even having a vote on this, enforcing it, raising retirement age to 64 from 62 over seven years. they say what he's doing is not

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food and their pastries. i don't think we love this we do not like the idea of that coming here. i'm talking approaches over their own version of entitlement reform. pensions the government is saying have gotten too expensive and too unwieldy. so m4 has for us without about a measure that will combine some 45 different public pension plans into one, receive retirement age which is 62 now to 64. over the next seven years that is not going down well to put it mildly. could that be a preview of coming attractions here? gary with this, when you think?

>> i would suggest it is a guarantee. you know it is an issue when most of the politicians are being quiet about it, finally some are speaking up. everybody knows eventually they're going to run out of money in entitlements if nothing is done. they're hoping to kick the can down the road. and neil, just to give you an idea how tough the situation is, i'm going to harken back to when george bush was reelected. i was invited to do a radio show where there interviewing them they wanted to address social security. we did it with other radio sh shows. within a week i got called up by the white house and said we are dropping it, there is too much on it they us too much. hopefully sooner rather than later or else it will run out. neil: the map does not favor and a lot of people do not like that. depends how we go about fixing things. i think both sides know it have to be fixed but the issue

becomes over what period of t time? whose social security retirement age do you delay et cetera. of down question work we have done it before and come up with solutions that didn't get social security decades more shelf life for him talking when ronald reagan was president working with tip o'neill. so there is a precedent for this but thus the less when i can think of it. >> one word comes to mind, taxes. the second word is higher. there will be higher taxes on it. they will probably try to open up the window to instead of paying into a certain amount, if you make it too much are going to pay a lot more. the words and means testing may come to mind. i do not think that is right. but they may say to billionaires you've got the money why didn't social security? that may come down the road. but again, it has to be addressed. the train is coming down the tracks and coming down a lot quicker now. especially with how big government is getting, i would

indent there is out there and how much interest has to be paid on the debt sooner rather than later and better be done. at least there is some talk but certain people are still fighting it and using it as a political tool. neil: we encouragingly sought present and carthy together yesterday in a state room. it was a st. patrick's day event. that inca pleasantries is as far as that got her desist debt crisis continued? >> yes. the only reason is not blown up as they keep raising more debt to cover yesterday's debt. all i can tell you, neil, i've been saying this for a long time they are taunting the markets. they are taunting the economy. we are headed a trillion of our tax dollars each year will go toward interest. not towards the downtrodden, the elderly, the children, the roads and bridges but to interest. this is been going on for so long we've been getting flapping

gums for so long it's about time somebody do something about it. at least somebody is talking about right now. neil: all right we'll see what happens, it gary thank you very much for that. in the meantime reports tuesday of next week donald trump is going to be arrested. that is not some prosecutor's office saying that that is no less than donald trump himself after this. no. he's making real-time money moves with merrill. so no matter what the market's doing, he's ready. and that's... how you collect coins. your money never stops working for you with merrill, ..

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paul: donald trump says he will be arrested next tuesday specifically writing on his truth social site it appears the leading republican candidate and former president of the united states will be arrested on tuesday of next week. expect things to be stormy next tuesday as in stormy daniels. this goes back to alleged comments the former presiden