here is rich mccormick. >> we have to be careful about the message.that are republicans and people just good americans who work for the government that have been taken by surprise and they didn't have time to adapt and even though we may have to lay them off we shouldn't be celebrating. taken willy nilly. these are people with mortgages and children and house payments and all kinds of things. griff: ari, what do you make of that and will this ultimately, elon musk and doge cuts, become a problem when real people are losing real jobs? >> elon might have given a lot of money to the trump campaign, he got a nice little cushy appointment even though it's not an official appointment, but he's going to do a lot to help elect speaker of the house hakeem jeffries. that's what he's doing. griff: why? >> in less than two years, the midterms coming up. a third of the senate and entire house of representatives getting reelected and they have to stand reelection. there's a reason members elected members article one members the people who are protectors of the purs

chair scott: senator mccormick? sen. mccormick: thank you senator, ranking member, good to see this panel. mr. pressler -- mr. kessler, let me start with you. controls prevent vital resources from lump -- from falling into the hands of our adversaries. in 2005 i took on the role you've been nominated for and at that time export controls were becoming a war -- a more well-known tool for advancing strategic interest and i advocated for restrictions on china's ability to establish sensitive technologies because of the rising power of china and it represented a generational challenge. we made incremental progress but a laissez-faire approach to controls leads to end now in terms of cutting off supplied to china. how will you prioritize taking on the ccp in this existential race for economic and technological advantage? mr. kessler: thanks for the question and the conversation yesterday. you left big shoes to fill and i look forward to learning from you about how to do this job effectively. you said it well. the priority for

mark mccormick from td joins us next.rg. ♪ jonathan: big rally in europe, all time highs in paris. stateside, equity futures higher by 0.5% on the s&p 500. the dollar weaker, euro stronger. euro-dollar up by 1%. under surveillance this morning, preparing for tariffs. >> i do think one interesting proposal the mexican government has made is perhaps matching the u.s. on our china tariffs. i think it would be a nice gesture if the canadians did it also appeared in a way, we could have fortress north america from the flood of chinese imports coming out of the most unbalanced economy in the history of modern times. jonathan: global currencies under pressure as the trump administration repairs to impose new tariffs on canada, mexico, and china. mark mccormick writing our short-term valuation tools tell us the u.s. dollar is oversold and cheap. a set up we have not seen since before the election. welcome, good to see you. the dollar is oversold and cheap. against what? mark: everything. the thing that is standing out the most is

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howie: here is a heated exchange with congressman rich mccormick in georgia. >> some of this will be litigated. i'll pause whenever you want and you can go and yell all you want. >> we are all freaking pissed off about this. >> [applause] >> you're going to hear it and feel it. liz: so laura, cbs quoted maggie goldman as saying she helped organize some of the democrats who showed up but also she said, i think there were republicans there that were also unhappy, but not every town hall had those disclaimers. >> sure. look. i think as you can sit around and talk about george soros and pretend this problem doesn't exist but medicaid, one in five americans are affected, more than 60% of people in nursing homes are on medicaid and that's what congress is looking to do when you talk about elon musk and his chain saw wait until we hit the postal service, faa, the research institutions out of the nih in red communities that finance jobs in those communities. like this is not something, you can say that i've got a leaky roof in the house and 70% of americans want to stop waste, fraud and abus

republican congressman rich mccormick in georgia. same problem. >> i would like to know. >> your opinion and your stance on the current situation created by the president, wherein he is now saying that ukraine is responsible for the war that russia has initiated. >> and i would. >> like to know. i would like to know if you, as a congressman, will get with your fellow congress people and stand up to the lies that are being told to the americans. >> and i would. >> also like to know, if you believe that the. 80 year old alliance that we have with our european allies is strong enough to withstand the attack from our white house, because this is a dangerous, dangerous precedent. you as a serviceman should help us. >> zelensky. >> i think. >> is an honest broker. >> of what he's trying to accomplish. he wants to save his nation. >> and i want. >> ukraine to win. and president trump said he wants to. and i know you're going to you're going to. get this is. >> what he said. >> but but it's in our best interest. it's in our best interest, in

. >> rich mccormick. >> and exurban atlanta. >> and in kootenai county, i. >> spent extensive time inaker. >> that these. >> people are being. >> protested. >> are being paid to protest. >> is so. >> ridiculous. >> who would subject themselves to that? >> well, isn't that interesting, especially given some of the writing you've done, which is why we've had you on the big reality test is what you see in your own community. right? so you see people in the red district saying no to this, right, which might cut against some of people's perceptions about government, etc. and so they have to come up with a lie. they have to say, well, these aren't really your your fellow community members. these are these are fake. it's not fake. news is like internet. this i guess is fake people, even though it might look like a lot of your neighbors at a republican town hall saying no to elon musk. >> peak fascism. not only do you lie about the substance of policy, but. >> you lie. >> about the dissent against that policy. and it's. >> not only that. >> they're. >> lying about these. >> dissenters, meliss

going to rush to america because that's where they want to be would ask my colleagues in senator mccormickck to the prices and i y most libertarian friends say we don't the government touching anything until the stuff at the family so we need the federal government to step in and bail us out. if we are going to touch our federal market for going to do stable coin completely divorced from the rest of the financial system, may be a light, light touch or work of freund ultimately intertwined this with the why w think companies of wht your commute to be connected to overall financial system. we do know to stifle innovation by nudging our entities a little further along the line. that is the risk imbalance i am trying to get too. and i think there's a spot here. i will support you and the ranking member and auteur woman who's worked so hard and so long onch this. i think regional people can get there we can get there on a way that maintains the integrity of our financial system make us far and away the most attractive place for legitimate entities. find a way to keep the bad guys out as much as