so that was a very important point that peter that navarro made.rms of new thinking, not everyone thinks the same thing. jared bernstein thinks something different than economic advisors. heather boushey different serve in the obama administration. she is one of the people announced today. the problems have changed too. part of the thinking, immigration strengthens the american economy. if you want to put america first, have talented immigrants come to the country. that is exactly the same view under the obama administration. that is the most damaging thing that has been done to economic policy done by this administration. gerry: let me ask you neera tanden, so far the lightning conductor. mitch mcconnell, still the senate majority leader. one of his advisors said over the weekend tanden's nomination will be a sacrifice to the confirmation gods. she has a reputation for slightly partisan. very aggressive accusing the trump administration on the russia administration. do you think she will get through? >> oh, i'm not a good predictor of congress. i

peter navarro, is -- to give to us. peter navarro, assistant to president trump.e are coming off some of the record highs yesterday but the dow still on track for its best month since 1987. small caps on track for the best month ever. tech still catching a bid, having its best month since april. this is "balance of power" on bloomberg tv and radio. ♪ kevin: this is "balance of power" on bloomberg television and radio. i am kevin cirilli in washington. taylor: i am taylor riggs in new york. we go back to the markets with emma chandra in london. on thehares slipping impact of the pandemic and the trade war subsidies. emma: absolutely right. we saw the stock popping earlier in the session, now it has come in the red. the real story is the industrial recovery is track during a long cured -- is tractoring along. 2021 isd net income for close to $4 billion. bloomberg opinion brooke sutherland saying that is close to what analyst had been expecting for 2022, meaning deere is a full year ahead of schedule. what is the reason for this outlook? does go things. chinese agric

peter navarro, the white house director of trade and manufacturing policy. we will be joined by lisa blunt rochester of delaware, a the national cochair of the biden campaign. reported johnson, who in 2016 on voters, now paying attention to democrats in texas and latino voters. we will get an update from her at the end of this program, and at least at the end of the interview with dr. navarro. a few headlines to get you up to speed. the big thing to pay attention to is travel, travel reveals a lot about politics. why are people making decisions to go certain places? the midwest is the battleground. we hear about the deep south, the sunbelt,a nd there is no doubt those are competitive areas, but when you look at today president trump, the democratic nominee joe biden, they are going to the midwest today. both of them will be in minnesota and wisconsin. biden will also be in iowa. president trump will be in michigan. vice president mike pence will be in arizona, and the democratic vice presidential nominee will go to texas, again, the sunbelt. you have the nom

peter navarro, the white house director of trade and manufacturing policy.ll be joined by lisa blunt rochester of delaware, a the national cochair of the biden campaign.

office of trade and manufacturing director peter navarro is here to discuss china and threat. take a look where we stand with the dow industrials, 1%, nasdaq up 96 points and s&p higher by 32. this falls a dismal day on wall street yesterday. the dow industrials were down 317 points, nasdaq lower by 76 and the s&p lower by 35. meanwhile the future of a coronavirus vaccine, new measures president trump is taking in order to increase access once it's ready for rollout. alex azar is here live in 8:00 a.m. hour. elon musk has some questions. why tesla chief has said about the results from four separate covid tests and then back to the shack, iconic miami eatery is reopening doors and providing you the seafood experience, we will take you there. mornings with maria is live right now. ♪ ♪ maria: let's take european markets this morning. we do see a mix story. dax index is up 45. in europe fractional moves there. in asia overnight, fractional moves as well mostly to the downside. asian markets look like this with the exception of the kospi index in korea, most indices were lower. top

karl rove and marie harf on what that means and white house trade advisor peter navarro joining me to talk china and a record-breaking day for the dow. ♪ (children laughing) ♪ (music swells) ♪ ♪ (music fades) (exhales) experience the power of sanctuary at the lincoln wish list sales event. sign and drive off in a new lincoln with zero down, zero due at signing, and a complimentary first month's payment. see yourself. welcome back to the mirror. and know you're not alone because this. come on jessie one more. is the reflection of an unstoppable community in the mirror. ♪ >> sandra: as joe biden introduces his foreign policy and national security team today, it may have looked like a scene from the days of the obama administration. not only was president obama's former secretary of state john kerry front and center as biden's pick for climate czar, but in fact, all of biden's picks so far served under president obama. today biden and his nominees making it clear that their aim is to end president trump's america first foreign policy. >> these public servants will restore america globall

expires.us aid peter navarro talked to bloomberg. profound structural adjustments primarily heading the major metropolitan areas. buildings,, office the transportation sector, all these things will change in ways which will probably not snap back to what they used to be. my own view, consistent with the president's philosophy is that in order to offset the lost service sector jobs, we have to make it up in manufacturing jobs, which means bringing more manufacturing here. bad news, part of the data, our trade deficit went up. it is going up because we are buying more than we are selling. part of that is because we are recovering faster than much of the rest of the world. over time, we have to create jobs here and our best shot is by creating manufacturing jobs in the trump image, particularly for blue-collar americans. wednesday's data indicates the rebound is more tenuous amid fresh lockdowns, more coronavirus and the deadlock in congress over new stimulus. markets anticipate stimulus. i don't want to go to the talking points on why

that's peter navarro speaking to bloomberg.look at some of the barriers to funding access to black entrepreneurs facing the u.k.. that's next. this is bloomberg. ♪ ♪ annmarie: good morning. this is bloomberg daybreak: europe. almost 90% of black founders self fund their startups with 22% asking friends and family for financial support. say davis and annika henry that black founders face a number of barriers to funding access. >> when you start a company and you go to get investors in, there are tax breaks that only investment schemes, individuals confess -- benefit from. if you are a black founder, the government is helpful by doing two things. reward.ng the maybe the investors are black as well. that would be helpful. you can increase the appetite. it's more affordable. a great number of black investors. look back. a lot of them miss tax breaks because of a lack of education around it, access to it, exposure. legislative action taken to go back a few years and reward those investors with the same tax breaks. k on the next150 l

let's bring in white house trade advisor, peter navarro, to talk about all of this. peter, thank you so much. we are grateful for a little bit of your time on this holiday week. you know, unfortunately, we just watched this story from jeff paul kind of highlighting the struggles that restaurants and many other businesses are facing as these regulations kick in, as we've seen the surgeon coronavirus happening in communities across the country. where do we find that balance back as we know there are difficult times ahead for the holidays, for folks who won't be working in some places. >> we are not finding it in new york and los angeles. i think the last restaurants are leaving in l.a. and manhattan, please turn the lights out. [laughs] i think they are going to rename manhattan, new york, "the little apple" and his regard. let me give you the big picture as we move into this lockdown economy, because there is the good come of the bad, and the ugly. the punch line is going to be we've got to get a phase four bill cast on the hill, forthwi forthwith. here's the good news

former saks ceo. ,e heard it from peter navarro this need for fiscal stimulus.re still heading up saks, how important would more fiscal stimulus btu? -- be to you? steve: another fiscal stimulus is crucial, especially for main street retailers. target, theylmart, are doing extremely well. the numbers they posted were pretty stunning. i think the issue is for the travel related, the restaurants, the small retailers that are not able to play at the scale and be able to do things like buy online. those retailers are struggling. the stimulus checks for the lower income consumers are important. the bridge to talk about between now and the post vaccine period that are required. having said that, the consumer is quite strong right now. we can talk about some of the mastercard spending numbers. the high end consumer is quite remarkable. caroline: i talked about the haves and the have-nots. does the fact that the middle class and the upper-class people who have maintained their white-collar jobs and able to work from home and are able to stash from -- splash the cash. wh

for more on this v-shaped recovery i want to bring in top white house advisor peter navarro. er economic data point after economic data point has been absolutely remarkable. you could argue maybe they're losing steam. many have already formed a v-shape. how do you see a second trump act playing out with respect to this economy? >> charles, i love the ism manufacturing index really spiking there. the only thing i'm long today is donald j. trump, greatest jobs president, greatest trade negotiator in history. i think he may well become the greatest closer in history. he came off of his china virus deathbed like lazeth, did over 40 appearances, rallies. truly remarkable. i think, i'm hearing your bullishness. frankly if joe biden gets in there it is only a matter of time before we have a really hard time. if he wins i'm long guns, plexiglass and antidepressants, charles. i think this, this route will go through michigan and pennsylvania. i think biden made a huge mistake. he will lose the frackers in the lower peninsula in michigan and marcellus shale area which is most of pennsyl

. >> reporter: president's top trade adviser peter navarro sounds stuck in upside down world too. >> we are here at the white house thinking there will be a second trump term. we think he won that election and any speculation about what joe biden might do, i think, is moot at this point. >> reporter: they are taking their cues from mr. trump who is tying himself into a pretzel claiming he has been cheated tweeting the following. not so according to the president's own cybersecurity agency which states the following. mcenany insists trump will fight it out in the courts. >> read through some of at least affidavits. i have three binders. >> hold that up! look! >> i have three birpenders. these are koert filings and afterward. they are startling, sean. >> reporter: his lawyers bailed on a case in pennsylvania and despite that, they say the president may never concede the race a contest he said he once said he couldn't handle losing. >> he is the worst candidate ever to run in the history of a presidential election. at least if you lost, you could say, hey, you lost to -- how the hell do

there was white house memo that peto peter navarro said, this is coming, it will affect millions. it laid it all out in january and the white house said well the president never saw the memo the brush it off. i think they knew all along and just want saying. his denial. that's the theory from day one, let's be honest. >> when did you have your first conversation with the president? did you have direct conversations or just group conversations? >> i have direct conversations. under the president, he's a former new yorker. he was a supporter of mine when he was in europe. he supported my father when he was governor before me. i know his family. >> was he so charming back in the day before politics? was he a charming figure in these political circles? >> yes, charmer is not the word i would use. [laughter] >> i'm searching for the right word. >> i am comedian. [laughter] >> you better because it's not charm. >> was he fos back then? [laughter] >> he was a tabloid character, sort of a new york eccentric. new yorkers a democratic place so he was a democratic donor because that is what

peter navarro in the 2018 op-ed the real clear politics said intense economic competition and into this breach comes donald trump with a new organizing principle for strategic policy and economic security is national security. in aprilil acting director of vhs is probably insecurity making similar statements and testimony to congress. can you elabora when push cometo shove it was a lot of talk and littlee a actioith china views theational security inexplicably linked as you noted in your testimony prident trump is failed to put us with his conrns or houses but is at a disadvantage with china? >> it's a great question. thank you and potentially swong answer but i was fortunate. and those that arebl intertwined those who provide countless benefits to make sure we support a strongng economy and able to support critical industries and critical infrastructure and then to support america has been undermined by china's non- economic predatory policies over a long period of time. but the impact has accelerated as china has passed the industrial policies, naval china 2025 it's a five-year plan t

over the latest headlines, talk to reporters, then on newsmakers on friday, i will be joined by peter navarro, who works along larry kudlow in the white house, representative, lisa blunt rochester, at 1:00 p.m. eastern on friday right here at washington post live and at 3 p.m. -- 3:00 p.m., my colleague robin given will talk to will.i.am, one of the legendary musicians over the last 20 years who was very popular when i was in high school and college. he will be here talking to robin. make sure to stop by for those conversations. for now, thanks for joining us. we will see you soon. on monday, vice president pence speaks in western pennsylvania. we'll have that live at 11:30 a.m. eastern on c-span. on q&a, the bipartisan talk abouter's -- mail-in ballots, election security, and the evolution of voting machine since the 1960's. kamala harris in georgia, and joe biden in philadelphia. later, president trump holds a rally in hickory, north carolina. ♪ >> were looking at what has become a typical scene, long lines at polling places. you've studied elections and polling at the bipartisan policy ce

joining me to discuss all this is white house trade adviser peter navarro.may start, 40 years ago ronald reagan famously asked the question of the american people, are you better off today than you were four years ago? so let's start with that. as americans are voting at the moment, can you tell us, are they better off today than they were four years ago? >> they're certainly better off today than they were during the obama/biden administration. as of january 2020. that's kind of the normal benchmark, i think, that's fair to use. we had the lowest unemployment rate in history, blacks, hispanics doing well, blue collar workers' wages were rising. what we're in now is a war, it's a war against a deadly virus that came from communist china that they deliberately let go around the world. we're fighting that. but i can tell you this, we're -- people are going to be a lot better off under the economic policies of president donald j. trump than they would be if joe biden wins on november 3rd, and i think that's the kind of discussion that might be useful to have in

the assistant to the president for trade and manufacturing policy, peter navarro is here to talk aboutand china coming up. body guards on demand, former nypd commissioner ray kelly joining me to tell us about a new service keeping americans safe on the streets. "mornings with maria" is live right now. european markets this morning are inching higher. fq100 up 35, cac up 28, dax index higher by 59. in asia overnight it was a mixed story. the weak spot overnight in asia was japan, nikkei down one half of 1%, the others fractionally moving higher. some of the top stories this morning many confirmed cases of covid-19 now reaching more than 170,000 on thursday alone. that is the second highest daily figure so far. as cases surge across the country, the cdc is sounding the alarm on the upcoming thanksgiving holiday travel, warning americans not to travel this year and stay home instead. dr. anthony fauci is reassuring the public that the vaccines in the works are safe and not rushed for political reasons. pfizer and biontech are seeking emergency government approval for the vaccines, the vac

shery: that was presidential advisor peter navarro with our colleagues.a keyloomberg scoop decision about bonuses at bank of america. we have the details, next. this is bloomberg. ♪ is bloomberg. ♪ bank of america is considering keeping its bonus pool flat, despite sales and trading revenue jumping 20% in the first nine months of the year. it could set a precedent on wall street. let's get more from our finance reporter in new york. so why are they being so conservative? guest: the reality check here is that bank of america is a large consumer bank in addition to having a wall street business. less than 1/5 of its net income comes from trading. so the bank is being prudent and face of what is a bigger economic crisis across the u.s.. there is a legacy hear from the 2008 financial crisis and frankly, some bad optics. if the bank decides the pay out big bonuses at a time like this when there is so much uncertainty in the economy, it is a bad look. shery: and obviously the pandemic is causing widespread pain across the broader economy. we see the latest data

. >> the president's top trade adviser peter navarro seems stuck in an upside down world, too. >> we're moving fared here at the white house on the assumption that there will be a second trump turm. we think he won that election. any speculation about what joe biden might do i think is moot at this point. >> they're taking their cues from president trump tweeting now they are saying what a wonderful job the trump administration did in making 2020 the most secure election ever. actually, this is true, except for what the democrats did, rigged election. not so according to the president's own cyber security agent which stated the november election was the most secure in american history. there is no evidence that any voting system deleted or lost votes, changed votes or otherwise. >> i now have three binders most of which are affidavits. >> hold that up. >> they're startling, sean. >> this campaign has dropped a legal challenge in arizona and his lawyers have bailed on a case in pennsylvania. despite those, the president may never concede the raise. a contest he once said he couldn't hand

we saw peter navarro saying today they're operating as if they're going into a second administration. same with secretary of state mike pompeo. these are high-ranking officials. these aren't nobodies or someone like a rudy giuliani saying this on television. these are high-ranking, senior government officials who were acting like the president has won a second term knows full well that he's not. it's not only just the president. it's going down to his senior levels of staff as well. >> one of the things, don, just real quick, that you brought up which is an understandable point, does speak to how president-elect biden is going to fulfill one of his primary promises during the general election campaign which is to be the president of everybody. we're just not used to seeing that. it's what we used to see pre-trump because he focused on his base and really not much more. and the -- it is going to be even more of a challenge, even harder for joe biden to fulfill that promise the way that donald trump is exiting the stage. >> yeah. listen, thank you, both. i'm speaking for myself. i'm not

peter navarro said, well, we're preparing for a second term in the white house. they're not preparing for a second term in the white house. the reason you know that, the rubber hits the road for the young aides whose paychecks are going to run out on january 20th. they're preparing to find new jobs. >> and they should be allowed to find new jobs. listen, amanda, everything that john just said, look, i'm not a psychologist or psychiatrist, but aahhh. there's a lot going in there. it's really sad to watch. you say that -- what did you call this coronavirus news conference? you said it was a proof of life video. >> yeah, because he's gone into hiding because he can't publicly admit defeat. that's the reality. here's the thing, don. you can say it, i can say it. he lost. he lost. he lost. he lost. but he needs to send that signal. i don't think he will, but there's a reason why people give concession speeches, especially in presidential elections. it's because the losers need to send a signal to their supporters that this fight is over and more importantly they shoul

. >> reporter: peter navarro. >> we're moving forward here at the white house under the assumption that there will be a second trump term. we think he won that election. any speculation of what joe biden might do is moot at this point. >> reporter: they're trying -- taking their cues from trump. not a rigged election including trump's own sooub security, there's no evidence that any voting system lost or changed votes. while mcenany he'll fight it through the courts -- >> hold that up. >> i have three bidders, court filings and affidavits. they're startling, sean. >> reporter: his lawyers has bailed on a case. >> he's the worst candidate ever to run in the history of a presidential election. he is. at least if you lost, you lost to -- how do you lose to a guy like that. >> reporter: compared the president to the 1991 detroit pistons who famously refused to shake hands to the chicago bulls. the advisers could do the same thing when it comes to the election, leave the stage without conceding defeat. jim acosta, cnn, the white house. >>> the biden transition team has found ways to work aro

listen to peter navarro. >> we are moving forward here at the white house under the assumption thereill be a second trump term, and in my own view looking at this election, we have what appears in some sense to be in immaculate deception. >> democrat leaders on capitol hill say all these moves by the white house and the trump campaign are simply meant to disenfranchise american voters. listen to house speaker nancy pelosi. >> trying to distract and divide the country to refuse to accept the election results, the election is over. joe biden is the president-elect. elected with the mandate of over 78 million votes. >> senator chuck schumer is calling these losses a temper tantrum. house speaker nancy pelosi is calling a circus. they are moving full steam ahead with the lawsuit. >> harris: thank you very much, joining me now is fox news correspondent at large geraldo rivera. a short time ago, i know you talked to the president of the united states. it's great to see you, thank you for being with me today. first of all, i'm curious about why we haven't heard from the president, been so m

. >> reporter: peter navarro sounded stuck in an upside down world. >> we're moving forward under the assumption that there will be a second trump term. we think he won that election. any speculation about what joe biden might do, i think, is moot at this point. >> reporter: they're taking their queues from mr. trump who is tying himself into a pretzel claiming he's been cheated, they're saying what a wonderful job the trump administration did for making the 2020 election the most secure ever. the november 3rd election was the most secure in american history. there's no evidence that any voting system deleted or lost votes, changed votes or was compromised. while kayleigh mcenany insists mr. trump will fight it out in the courts. >> i have three binders -- >> let me see. hold that up. >> i have three binders. these are court filings and affidavits. but they're startling, sean. >> reporter: his campaign has dropped a legal challenge in arizona. despite those developments, advisers say the president may never concede the race, a contest he once said he couldn't handle losing. >> he's th

. >> peter navarro is part of thi trump's denial. reports say this ivanka and jared kushner are torn worried that it could hurt his prospects of a 2024 comeback. but we have not heard directly from the president in more than a week. he is described as angry and sulking and pushing advisers to find some way to keep him in power. but the math is undeniable. plus a watchdog group is rebuking the fraud claims, quote, there is no evidence that any voting system deleted or lost votes, changed votes or was in any way compromised. there is a rare thing on the president's schedule today. a meeting to discuss the coronavirus crisis. the topic is "operation warp speed," the vaccine effort even more critical now as the united states sets sad records for new cases for the third straight day. you can see the trend line right there going almost straight up. more than 150,000 new cases on thursday. there is also a record number of hospitalizations. both are troubling trends. and now a new model points to an expected increase in deaths as well. putti

coming up, an exclusive interview with peter navarro, advisor to the president."balance of power." this is bloomberg. ♪ let's check in on the bloomberg first word news now. in the u.k., chancellor of the exchequer rishi sunak warns that the country will suffer its worst recession in more than 300 years because of the coronavirus pandemic. sunak says there could be as many as 2.6 million people unemployed, and he laid out government spending plans to protect jobs and lives. applications for state unemployment benefits unexpectedly rose for a second straight week. it was the first back-to-back increase since july. initial jobless claims increased 778,000. to that is a sign more people have exhausted regular benefits. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. guy: thank you very much, indeed. russian pharmaceutical company petrovax is now in phase three testing of its covid-19 drug. the drug has been used for respiratory infections

. >> peter navarro on the white house north lawn. if there's a number of democrats and particularly those on the presumptive positive length team that say listen, the lawsuit just will prolong the inevitab inevitable. the house speaker nancy pelosi, jon, said this is a distraction from the business at hand which is to say to see joe biden in january. but my administration officials tell me here that as long as there is one person and one group, that's the way it should be. if it didn't happen on election night, they will keep on fighting, jon. >> jon: kevin corke at the white house, thank you. joining now, tim murtaugh, though trump 2020 campaign director of communication. tim, thank you for being here. the appeals court in philadelphia has denied five of your claims there regarding your campaign claims. regarding the election, meaning that those campaign from of the votes are going to stand. your reaction? >> those are just individual claims and we are arguing the ballots were defective because they are not part of our larger case i

. >> reporter: peter navarro speaking there.sident has repeatedly chastised creation as lawmakers, i'm moring them to get something done. nancy pelosi turned down a $1.8 trillion offer by the gop and the white house but hope remains that relief will soon be on the way, eric. eric: that as so many fellow americans so desperately need help as we all know. thank you. arthel: thank you. history washes ashore. ahead, the 140-year-old discovery along a coastal town that has everyone there talking. it's moving day. and while her friends are doing the heavy lifting, jess is busy moving her xfinity internet and tv services. it only takes about a minute. wait, a minute? but what have you been doing for the last two hours? delegating? oh, good one. move your xfinity services without breaking a sweat. now that's simple, easy, awesome. xfinity makes moving easy. go online to transfer your services in about a minute. get started today. arthel: we have information coming into the fox news channel here, new york city mayor bill de blasio saying

peter navarro was on fox business earlier today, be he said we're here at the white house preparing for a second trump term because clearly he won the election. nuts. but behind the scenes, the president is also trying to prepare how to turn the situation to his advantage, sending out fundraising emails that benefit a super pac and as well as a legal defense fund. obviously the league cases that he is mounting aren't going anywhere because he has no evidence for them, judges are rapidly throwing them out of court. he is trying to figure out some segue out of this that doesn't require him gracefully conceding to joe biden. perhaps even announcing a 2024 presidential run which would allow him to in effect continue the campaign. what the president values of course is the theatrics, the reality show of all of this. everyone is talking about him now wondering what he is going to do next. the problem of course is that he is the president of the united states for another two months. and his in-intentiattention to pandemic is having deadly consequences for the people who voted for him and as we

listen, this is the president's trade adviser, peter navarro, paid with u.s. taxpayer money saying the president wins. >> we are moving forward here at the white house under the assumption there will be a second trump term. if you look statistically at what happened, clearly the president won this election, was leading on election day. and after election day somehow in these key battleground states they got just enough votes to catch up to the president. >> let's bring in chief political correspondent dana bash. that's interesting. that's the most polite word i can find for that one. at what point do the sick fants decide they're undermining themselves, the president, and this little thing called a democracy by saying things like that. >> i mean, it would be nice to know the answer to that question. the problem is as you well know, john, the sycophants are living in an alternate universe, alternate reality, one where the media they watch and listen to are telling the people who support this alternate reality that it is actually happening meaning they're saying

. >> reporter: warning from the white house trade advisor peter navarro, calling on congress to reach a deal to provide financial relief to vulnerable americans. across the country, covid-19 cases are on the rise, forcing state officials to implement severe restrictions on restaurants and small businesses. >> the past two relief bills. we need to help small businesses. we need to get the schools open. the democratic senators keep blocking it. >> reporter: republicans try to pass the bill, but did not gear up enough so order. in the house, democrats passed one act, but the gop says is a nonstarter. they are out of session for the week. president-elect joe biden made it clear that he wants to have legislation approved before he takes office in january. >> think of all of the people. think of all of the people that are laying up at night, staring at the ceiling, thinking, god forbid, what happens? we have to act. >> reporter: there is optimism when it comes to a vaccine, and how that will help get the virus under control. new york's governor says states will need funding to distribute it

be a second trump administration as not only kayleigh mcenany did as you pointed out but also peter navarro, the secretary of state this week, and several others. of course we're still waiting on the president himself to flatly admit that joe biden has won the election. he did not take our questions today, erin, so that did not happen this afternoon. >> all right, thank you very much, kaitlan. of course that's not the way it should happen, he should come out and give a statement and he should call the winner and he should concede, that's the way these things go. they're hard. they've been done time and time again. every four years by somebody for the entire history of this country. out front now, he was nominated by president trump, serves as a top election security official and is chairman of the u.s. election assistance commission. thank you for your time, ben. let me start with your background. election law and voting security for decades. so everything happening right now is what you have spent your life's work on. biden now has 306 electoral votes. will anything change in this? >> i ca

today, trade adviser peter navarro and kayleigh mcenany are the latest to spread this big lie saying the president not the only one in the building willing to accept the results of the democratic process. >> president trump will definitely attend the inauguration? >> i think the president will attend his own inauguration. he would have to be there, in fact. >> we are moving forward here at the white house under the assumption there will be a second trump term. >> now is it delusion? is it dishonesty? frankly, it doesn't really matter the motivation any more. all that it matters it's false and destructive. a senior administration official tells meal the trump team is discussing whether president trump should go out and hold rallies right now. it comes as the trump campaign's options to try to delay this inevitable result are running out. as cnn's kaitlan collins reports. >> reporter: today, president trump will speak in fronts of cameras for the first time in over a week for what the white house says is an update on the administration's covid-19 initiative. the appearance comes as pre

. >> listen to what peter navarro said about where white house staffer's heads are right now. >> we'removing forward here at the white house under the assumption there will be a second trump term. >> he's not the first official that's referenced the second trump term. what's the impact of that, senator? >> it says to the world that in effect, it's politics first. this is a time when you can take advantage of our country. the fact is peter in a vor row is making that claim without a shred of evidence there's going to be a trump second term. we're talking about president-elect joe biden and what peter innavarro is doing i giving red meat to america's enemies. >> i want to talk about the pandemic. co-vid is exploding around the country. i know you know this issue well in your state. more and more lawmakers testing positive. people around them testing positive. and yet, the president has not said anything about that spike in cases since election day. he's only rarely referenced the pandemic. i wonder what kind of message that sends and what you'd like to see from a leadership perspective f

joining us tonight, peter navarro, jason furman, joe concha, jim trusty and tom homan.strictions and

one, i'm not going to put the quote on the air but peter navarro went on tv on fox business, a friendlynce for him, where he proclaimed they're focussed on dealing with the trump second term and that's how they're acting internally. and he's making this idea that there's some validity that they have some how validity to some of their challenges to these election results. we have yet to see anything that's factually been proven at all. but it's the president's interview with bion york of the washington examiner is that your understanding he's starting to get more and more comfortable with the fact that he knows he's going to lose so he has to find a way to politically rescue himself from whatever personal humiliation he thinks he's facing? >> yeah. i think he's going through a process and it's a process of grief, right? five stages and all that. he's coming -- lashing out in anger, lashing out in denial, but piece by piece, day by day coming clearly to the understanding that there's nothing that's going to change about this. you know, he told his friend geraldo rivera who tweeted about t

we've heard this says recently is today the top trade advisor peter navarro to the president also saying that, and we also know that the top republican in the u.s. senate, mitch mcconnell has not yet spoken to joe biden. once again, that speaks to the fact that there are many that are not willing to defy donald trump right now, are not willing to break with his protocols and move in the direction of assisting what we believe to be the president elect once these results are certified in mid december for joe biden. so again, the numbers just are working, the math isn't there for donald trump, and yet he continues to speak as if there is still a possibility which really defies logic for many including members of his own republican party. all right, kimberly we'll, we're going to, we're going to just stay look at some other stories now, but will definitely get back to the white house if we hear more from the president . so thanks for that finale. and we want to bring you some more news developments around the coronavirus, particularly in northern ireland. now they've been under lockdown for

>> i always enjoyed peter navarro. >> okay. all right. that says enough, i guess, jim >> no need, my mom always said no need to say anything negative >> yeah. so the worries that you had earlier in the week about potential black swan, dark scenarios regarding transition are ameliorated in your mind this morning >> what happened is there is an apparatus. the apparat ous including the homeland security has spoken you want to send in the fbi, we're going to send in the national guard, you want to send in agents from a dark place, we're going to send in the state troopers it just happens there is a security apparatus that has spoken up. and i think that took the black swan off the table and then gave the president -- he's starting to think of some pretty interesting things to do i encourage him. i like him in the debate, thinking about challenging biden four years from now, that will be good. but the idea, vacating the white house, is becoming increasingly on the table on the table >> so, jim, why -- i heard you talking to andrew before the t

peter navarro in a 2018 op-ed in "real clear politics" stated here in an era of tense competition and into this breach comes donald trump with a new organizing principle for strategic policy, economic security is national security. in april, acting director of dhs tweeted that it is homeland security and made similar statements in testimony to congress. can you elaborate on how -- well, however -- when push comes to shove, it was a lot of talk and little action. while china views economic and national security as inextricably linked as you note in your testimony, president trump has failed to underpin his economic policies with the national security concern. can you elaborate on how this failure put us at a strategic disadvantage in relation to great power competition with china. >> that's a -- that's a great question. thank you. and a potentially long answer, but i will shorten it. those interests in intertwined and the workers in your state who provide countless benefits for making sure that we support a strong economy, that we're able to support industries -- critical industries, c

here, general atlantic and sequoia, they think they have a good chance to influence people like peter navarrocause he spoke up against this deal, and maybe even mike pompeo. they think they have willing -- they have open ears among those folks to get this thing banned. again, there's no decision yet. we should know very soon. it's wednesday. the ban goes into effect tomorrow. barring -- again, neil, barring a court order that extends the cfius ruling. that's the committee on foreign investments in the u.s. which rules over this. it's part of the treasury department. without that extension, the ban does go into effect tomorrow. and pushing it along, is triller. i will say this. triller's a smaller competitor. it's not the size and scope of tiktok. but i will tell you their lobbying effort last time and it was largely before the election, once the election started heating up, you know, people were focused on one thing and one thing only, november 3rd, but before that, they sowed a lot of doubt in trump administration officials' minds about tiktok and this oracle deal that involves sequoia and g

so that is why his trade adviser and i should put that in quotes, peter navarro was also on tv todayying that he doesn't imagine that president biden will be the president in january. so it is a moot point to even talk about any of this speculation about losing the election or transitioning to a new administration. so they're doing what they can to make the boss happy. and go on with the fantasy. i think that the president today was not trying to signal a hint, i think it was a slip of the tongue and that he recovered quickly because he wants to keep up the ruse that this has been stolen. he's raising money from his supporters, he's lying to for his next career chapter. and i think he's going to keep it going far longer than people are hoping the pressure is building on him to do. >> you know, and he's talking about potentially announcing a second run for the white house in 2024 and rs talk about media empire that he would try to build. in the washington examiner today there was an interview with the president where he laid out what he said were his paths to victory, talking about re