rick tyler has been off for quite some time, he is talking about free-market economics. koch brothers have positive ads against people voted for tax cuts, people who have opposed free-market economics every step of the way, that is what the koch brothers have done. rick tyler might reanalyze his support of the koch brothers and change the port out of the republican party. >> dangerous we the party to rely on big-name donors. he is running constantly about impeachment, he will pour $110 million and the left leaning progressive candidates this fall, the democratic party often doesn't align with him so dangerous to throw in big money. >> you hit the nail on the head, that is the heart of the issue. in 2015, writes priebus, not much in the weeds, data inside the confines of the rnc, to have their own data network. and can't rely on a billionaire, developed $200 million data operation. thank goodness we don't rely on the koch brothers who don't report republican candidates. >> they want to work where they can. we will see how well that goes. things that are important to both

thanks to rick tyler. >>> coming up, craig melvin's interview with omarosa manigault newman. with craig melvin, so stay with us right here. i've been making blades here at gillette for 20 years. there's a lot of innovation that goes into making america's #1 shave. precision machinery and high-quality materials from around the world. nobody else even comes close. now starting at $7.99. gillette. the best a man can get. >>> thank you for being with us. thank you, aretha franklin. craig melvin, you've got a big guest. >> we do have a big guest. she is standing by. good afternoon to you, craig melvin here from msnbc news headquarters in new york city. we're following two big stories right now. a new secret recording. former white house aide omarosa manigault newman is in the studio. she has a new recording she wants us to hear. the first recording involving a member of the trump family. also this afternoon, honoring a legend. the life and legacy of aretha franklin. as the world pauses to honor the queen of soul who died today at 76. we start with our nbc news exclusive. a new sec

so, i would say it's an effective ploy even though the president is being rick tyler and elise jordanacts. he's touching on the issue where the democrats had a massive weakness and that's their candidate. rick? >> let me go back to something, i want to look smart so i agree with john meacham that he said in the very first segment. it's a very important point. we were talking about andrew gilliam and the last-gasp of racism he referred to but the last-gasp the way we look at women, muslims, jobs and the economy in this country. remember donald trump is always talking about the past, he's talking about -- there's nothing about manufacturing jobs, don't misunderstand or coal jobs but they are the jobs of the past and it's a fantasy to believe that we'll return to some 18 century industrial model. it's not going to happen. the narrative here for someone who wants to feed trump is do we want to go back to the past or as john meacham said do we want to look to who we want to be in the future. the future jobs are not coal jobs. the future jobs are not manufacturing jobs. the future attitudes

also joining us msnbc political analyst rick tyler and washington post political reporter eugene scott. thank you all for being here. rick and eugene, it's nice to see you. eugene, i want to start with you on your kind of broader take on what we saw from the president in this culture war that he is essentially -- this fight that he's picking with lebron james. >> one of the fights he's picking i think is reminiscent of what we saw following charlottesville. the president is using a common talking point for white supremacists that black communities have less intelligence. he attacked lebron james. he called maxine waters iq. he uses stupid, ignorant when attacking his black critics opposed to entertaining their argument in a way that i think is what made people think that he was giving life to and encouraging white supremacists communities after charlottesville. and so that felt very familiar to a lot of people and i think we saw that reaction on social media. >> rick tyler, what did you hear in the president's words last night? >> well, look, i wish the president could avoid these figh

republican strategist rick tyler. republican strategist and msnbc political analyst.bc political analyst eugene robinson. joining our conversation, chief white house correspondent for the "new york times," peter baker. joe and mika have the morning off. let's talk about what we saw on capitol hill yesterday with the senators. i'm listening to john cornyn who comes on the show and we like, feigned ignorance about why former officials have security clearance. knees. >> what you're seeing in this case is actually an antipathy on john brennan. imagine if the partisan roles were reversed and there's plenty of times in covering congress, you know, supreme court fights a good example, replay the same quotes and put them in the mouths from the other party when that fight comes back around. this is a situation where if president obama was doing this imagine the outrage coming from the reside. similar dynamic here. i do think susan collins is somebody willing to challenge the president. she had that message there. bob corker somebody who is willing to speak out strongly. bob co

our guests now include joe watkins and rick tyler. saturday morning to all of you. good to see you, jill, i want to start with you, you worked at the white house. how much of a departure is this from standard practices there? >> this is very much a departure. the president for whom i worked revokes security clearances, we used them to provide information to folks coming in and to be an asset to them. so i'm not sure, president george h. bush or george h.w. bush did not revoke security clearances from officials, that is new. >> rick, listen to this audio. >> the fact that he is using a security clearance of a former cia director as a pawn in his public relations, i think it is just so reflective of somebody who quite frankly, i don't want to use this term maybe, but he is drunk on power. the country is in a crisis in terms of what he has done and is liable to do. are the republicans on the hill who have given him a pass, are they waiting for a disaster to happen before they find their ba backbones and spines? >> so they coupled that wi

. >> rick tyler said this.e koches represents the republican's embrace of new-founded identity as a cult. at the used the c word. >> certainly not a cult. and he's talking about free market economics, which is quite perplexing that the koch brothers have positive ads out against people who have opposited free market economics every step of the way. he might want to reanalyze his support of the koch brothers and change his support to that of the republican party. >> dangerous to rely too heavily on these big-name donors. the democratic party finds they don't exactly align with him either. dangerous to throw in with either side. >> way back in 2015, we had a choice. and not to get too much in the weeds, but we had a choice to have their data inside the confines or to export it to the koch brothers. reince said, no, we can only rely on our party. thank goodness we did not rely on the koch brothers who now don't support the president and new republican presidents. >> they said they want to work with him where they

security analyst matt miller, former justice department chief spokesman and msnbc political analyst rick tylerman for newt gingrich and ted cruz and all around good guy. thank you very much, rick. i mean, want to talk to you about the polls also. you are the polling maven here. what is happening with the republican base? first, barbara, how can the justice department continue to operate this way when jeff sessions is under not only constant attack but now you see the first cracks in the republican senate support for him. other than senator cornyn and some of the others, you have grassley and lindsey graham now saying, well, you know, we could hold hearings and replace him and maybe his time is limited. >> the relationship between president trump and attorney general sessions is really unusual. but many of us, former doj employees were actually cheering attorney general sessions for finally defending the department because we see it not as just a battle between the president and the attorney general. but between the president and all of the people who work for the department of justice and work

and rick tyler, an analyst for msnbc.feud, asking donors to stay away from the koches, support us, the rnc directly. >> donors deserve to have the facts. the facts are if you donate to the rnc, we can guarantee you your money is going there and will advance the trump agenda. you do not have that with the koch brothers. they've already attacked republicans. they have an ad how praising heidi heitkamp. this is not an organization that is going to further conservatism. >> but, do you think it's wise to get in a feud with billionaires who have supported untold amounts over the years and putting $400 million in the election cycle this year? >> we do. we believe there's another layer in this, i don't want to get too into the leads with this, alex. but we think it's important to say to republican candidates, come use the rnc data. do not use data used against you, in some cases going forward. >> rick, i know you said that the rnc's move represents the party's repute yags and free market economics and political cult, pretty stron

let's get the inside scoop from nbc's kasie hunt, sabrina siddiqui, and rick tyler, former spokesmant gingrich and ted cruz. cas kasie, what's the atmosphere on capitol hill? >> lucky for duncan hunter that there was a lot of news crowding out his own. the house of course is out of session this week, in august. the senate is back, here. but this is another situation where republican leaders are having to grapple with somebody connected to the president, with a lot of ethical questions swirling around. the house speaker paul ryan strips duncan hunter of his committee assignments while this plays out. the speaker doesn't have a lot of personal tolerance for things like this. so i'm looking to see if he gets pushed further, if hunter were to make potentially an announcement along the lines of the ones chris collins made, which is that he was not going to run for reelection, because at the end of the day this just adds to the set of problems that republicans are already facing in this midterm cycle. they are not expecting this to be an easy year for them at all. and this is yet another t

rick >> tyler, if you are watching up on the board and looked at 2s, 5s, 10s, 30s you wouldn't have seen could be a late reaction i don't think so in august the dollar index adequately posed out there it did lose a little ground but not really much. i think there was a big issue in this report. what is neutral? i'm not sure what it is. i think we got a hypothetin the minutes that they maybe need to stop using the word accommodation. i think that is a hint and i think that kind of hints at where neutral is everybody is probably right, two more tightenings we arrive at a neutral rate will they advertise that probably not so much but over time through fed speak i think that's the conclusion we will draw. there is bright news here. i know mr. fehr said maybe they would say they are not going to raise anymore and stocks would rally. it is not the level of rates, it is the path of rates, that's what bugs money. they are still probably too low. in the fact the fact that stocks could withstand this is a very good length thing. >>> woe are standing by for the white house press briefing the first

rick tyler, this is a president who, to a certain extent, seems to be increasingly on an island, hisinside the white house, don mcgahn, has cooperated with mueller's team. jeff sessions, obviously, still recused. to a certain extent. it's clear that it seems as though the walls are closing in, as shawna notes. so what's -- what's next here? >> well, if you don't have a subscription to the "new york times." you really should get one. the stories are really amazing. it really walks through. you have to remember, it was dowd who had this strategy we're going to be transparent, right, and that kind of led over into where mcgahn was and then mcgahn was told to fire jeff sessions. he attempted to do that. but i think in that process he realized that he was putting himself at risk. what's shocking here is it took this long for us to see, and i don't know the white house, and apparently the president, to know that don mcgahn was cooperating. he knew he was cooperating. to what extent he was cooperating. but to the extent that don mcgahn is actually trying to, one, as shawna said, he understa

market right now to your notes are up for auction, and rick santelli is tracking it at the cme rick zhoo hi, tyler yes. we have 104 billion of coupon supply we start out with 36 billion two-year note, and the grade, c-minus. charlie minus. not a bad auction, but nothing very spectacular yield 2.655 was basically the -- 2.89 better to cover -- 43.8 indirect is a little worse than ten auction average. the really light number was 13.7 on the direct. that was the lightest since february of this year. dealers say 4 -- contessa, we will now go to the five-year note auction tomorrow. back to you. >> all right, rick thank you. >>> president trump says the trade deal with mexico will be very special for farmers up next, we talk to a representative from indiana who has just met with farmers in her district what are their concerns? does this deal fix the problem as we head to break, a look at the stock today. all-time highs today american express, nvidia, union pacic,fi csx power lunch is back in two we have a question about your brokerage fees. fees? what did you have in mind? i don't know. $4.95 per trade?

about four months we're right back into solid support, right around that 95 to 95.50 area tyler, back to you >> rickry much rick santelli. up next, shares of snap wilting in the summer heat down close to 15% in the last couple of months we will go inside the slide after the break. plus, on-line retailer boxed recordly turned down a $500 million from kroger. why they want to go it alone and why vc's are giving them millions to stay independent the very, very nice and viable ceo chh iehuang will be with us after the break. it's absolute confidence in 30,000 precision parts, or it isn't. it's inspected by mercedes-benz factory-trained technicians, or it isn't. it's backed by an unlimited mileage warranty, or it isn't. for those who never settle, it's either mercedes-benz certified pre-owned, or it isn't. the mercedes-benz certified pre-owned sales event, now through august 31st. only at your authorized mercedes-benz dealer. tap one little bumper and up go your rates. what good is your insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, libert

tyler, back to you. >> rick, remind me if you don't mind did you say you thought the yield curve would invert later this year yesterday? >> i think if we get the two tightening that seem to be priced in, the last at the end of the year, it could invert certain very tight points like 7-year versus 10-year, yes. >> we are less than an hour away from that decision on interest rates. the first decision since president trump criticized the fed for raising interest rates what's the market looking for? we have the president of the permanent portfolio funds, michael farr and senior markets commentator michael santoli. michael cogeno, you just heard rick santelli say he thought the yield curve would invert sometime later this year that is usually not a particularly good economic sign, but you think maybe an inverted yield curve doesn't mean as much as it used to. explain. >> yeah, i think with so much quantitative easing with subsidized interest rates, with central banks doing all kinds of things building their balance sheets, there's too many other factors implicating it at the moment to fully

rick santelli is covering it what are you hearing, rick >> you know, the demand wasn't very good, tyler i gave the auction a d-plus in terms of demand and $34 billion garnered a 2.765 yield at the dutch auction. that was the bid side of the one issue market, and not a very aggressive one issued trade today. let's look at the internals, shall we 2.88 is the ten auction bid to cover. this was 2.65. even 2.65 if you look at the ask look, it was 2.51, which was really weak. if you take that away, you would have to go back to april of 2017 to find one lower than 2.65. 42.7 on the indirects against the 51% ten auction average. the only real bright spot, 12.1 versus ten auction average of 10%. d-plus tomorrow, of course, we get tens followed by 30s. the long end is going to be key. it seems like investors' interest in the short ends seems to be waning as it has over the last several auctions. tyler, back to you >> thank you very much look who has come to dinner. president trump hosting a number of big name ceos tonight in bedminster, nnl new jersey, and many of them walking a fine line between

rick santelli tracks it at the cme. >> you know, tyler, nobody loves auctions more than me. considering how everybody is rightly preoccupied with deficits, maybe it would be nice to go a few weeks out one. we completed 104 billion in supply with 31 billion 7-year notes. the auction, the results 2.844 that's a tad lower that the offered side lower yield, higher price. so 2.844 was the pricing 2.56 bid to cover. that's the best since january of '18 owe almost the west of the year here's where it gets a little negative 64% is average for indirects on directs, 19%. that's 6 points higher than the 10 auction average we've had a couple of 19s but you have to go back to august of 2014 to find a higher number b plus, boy plus was the grade a nice way to finish off in front of a holiday weekend if there is a sell-off coming, you would see it after the last auction. we'll have to wait and see, contessa, back to you. >>> the u.s. economy recording its best performance in almost four years can the economy keep rolling on, or will the trade war derail that momentum? >>> plus, the preside