i'm david asman in for trish. the trump administration cracking down on wait calls loopholes in our immigration system, unveiling a new rule allowing officials to cross our

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i'm david asman in for trish. president trump is addressing a crowd of thousands in ohio. >> i came in, we did a rally where we had people like this, it was packed, the day before the election. and mike dwaine won that election and he won it easily. and we have a man running for governor of kentucky again. [cheers and applause] and he's done an incredible job. and together -- sometimes you can do such a good job that not ebb appreciates it. but they had a lot of problems with pensions and a lot of problems a thunderstormal governor would never have been able to correct. but when you correct it you make yourself less popular. they had no choice. it's a great, great state. david: as usual the president hopping from one subject to another. so quickly you can hardly keep your head straight. steve, let's talk about the economic news of the day which was china and the president's announcement, unless things change september 1 he's going to put new tariffs on china. what do you think of his strategy? >> i think it's exac

i'm calling asman welcome to the program we begin in hong kong where thousands of protesters have gathered for the 13th straight weekend defying a ban by authorities action on the streets and testified on saturday demonstrators setting fires and police responding with a new tactic a water cannon designed to mark those who took part so these clashes taking place on a symbolic date 5 years ago today mainland china said no to open elections in hong kong. after 13 weeks of mass demonstrations the crackdown takes on a doctor's shade for the 1st time police fired water cannons loaded with blue dye staining frontline protesters and promising to prosecute them both already. he said want hong kong residents not to participate in the ban demonstrations thousands defied them. for much of the purpose of hitting the streets today is to tell the government you can't scare us this way we also have to restate our main demands because i've never responded to them call them was it is don't like back on the street prominent activist joshua wong just a day after being arrested then released compared to activi

david: good evening i'm david asman sitting in for the vacationing lou dobbs.ears american presidents have sat idly allowing the communist chinese government to steal american intellectual property and rip off the american people to the tune of trillions of dollars. well, today president donald trump said enough is enough. the president raising tariffs 5% on 550 billion dollars of chinese products, retaliating hours after china placed tariffs on 75 billion dollars of american products. now, the president today also demanding american companies start looking for alternatives to china, including the idea of bringing their companies

i'm david asman.rol roth, christina partsinevelos, gary cutbaum. mayor de blasio saying he wants to tax the rich in the

i'm david asman sitting in for the vacationing lou dobbs.week, more than 20 towns in texas were subjected to ransomware attacks raising concerns about the vulnerability of small towns all over the nation, brookings institute fellow warning, quote, government agencies usually have less resources to invest in information security technologies, fragmented computer systems exacerbate this problem. all levels of government should invest in upgrading security technologies or else many more agencies will soon become victims of ransom ware attacks. huawei announcing today its first artificial intelligence chip, the ascend 910 is now available in its own products. the chinese company claims it can process more data in a faster amount of time than industry leaders like nvidia and alphabet. how much ip theft went into the development of this new chip? that question is unanswerable. joining me now is cybersecurity expert morgan wright. a former senior advisor in the state department's antiterrorism assistance program and always a pleasure to talk to you

. ♪ ♪ lou: good evening, everybody, i'm david asman filling in for vacationing lou dobbs.ing major outages and causing delays at a major airports throughout the country. the computer outage affecting u.s. customs border protection airports at places such as lax, new york's jfk, chicago international, dallas, atlanta, many more airports across the nation, slowing down the processing of thousands of passengers. now, cbt says it doesn't know what caused the outage but claims no indication of malicious intent was involved. however, however, law

i am david asman in this week for paul gigot.t, obvious, was president trump responding to last weekend's pair of mass shootings that left more than 30 people dead in el paso, texas, and dayton, ohio. those shootings spurring calls for gun control legislation and expanded background checks as well as so-called red nag laws -- flag laws to keep guns out of the hands of the mentally ill. but the shootings have also renewed attacks over president trump's rhetoric with 2020 hopeful and former vice president joe biden accusing him of stoking hate with his words. listen. >> this president has fanned the flames of white supremacy in the this nation. he's poured fuel on the fire. we have a president with a fox fox -- toxic tongue who has publicly and unapologetically embraced the political strategy of hate, racism and division. david: let's bring in "wall street journal" columnist and deputy editorial page editor dan henninger and columnists kim strassel and bill mcgurn. dan, americans, folks in real america outside the beltway, what do

i am david asman in this week for paul gigot.trump responding to last weekend's pair of mass shootings that left more than 30 people dead in el paso, texas, and dayton, ohio. those shootings spurring calls

david asman is in for stuart. david: thank you very much. i am david asman. stuart is off today. he will be back tomorrow. here's the big story. it's shaping up to be another wild week on wall street. stocks are going to be down when the market opens in 30 minutes. we are looking at a triple digit loss for the dow, although that's come down in futures a little bit. the s&p and nasdaq are also looking at significant losses. trade tensions, of course, once again driving the market and goldman sachs says the trade war is having a greater impact on the economy than expected. raising the risk of a recession before the 2020 election. remember, president trump says he's not ready to make a deal with china yet. also weighing on investors, continued protests in hong kong. all remaining flights today out of hong kong have been canceled, as demonstrators are occupying the airport there. it follows a violent weekend of protests, including clashes between demonstrators and police, beijing officials condemn the violence and linked violent protesters to terrorism. a bad sign. >>> also, low inte

. ♪ ♪ lou: good evening, everybody, i'm david asman filling in for vacationing lou dobbs.ossible cyber attack today hitting -- causing major outages and causing delays at a major airports throughout the country. the computer outage affecting u.s. customs border protection airports at places such as lax, new york's jfk, chicago international, dallas, atlanta, many more airports across the nation, slowing down the processing of thousands of passengers. now, cbt says it doesn't know what caused the outage but claims no indication of malicious intent was involved. however, however, law enforcement sources have told tmz there are discussions about a possible cyber attack. for the latest on this story, robert gray joining us tonight from l.a. robert? >> reporter: hey, david. yeah, summer travel season hitting another snarl today, right? thousands of travelers returning home or visiting the u.s. facing serious delays at airports across the nation. this time, as you mentioned, a customs and border protection computer outage. cbp officials telling fox business the affected systems

kennedy: thank you david asman. our elected have failed us again, there is one more, vote them out had. land any of thus prison. increases federal spending by 320 billion dollars, with -- over next two years. allows unfettered government borrowing entire time. spending money we don't have, it will prevent another government shut down, it does nothing to stop government spiraling death, ballooning deficit, forbes magazine said it could skyrocket. take it away boys. >> there is the agreement. administration has negotiated. this is the deal the house has passed. this is the deal president trump is waiting and eager to sign to law. >> this legislation lays the ground work to avoid another government shou shut down and wl preserve full faith and credit of the united states. kennedy: good lord. president trump love its too. tweeting, think about deal is phenomenal for our great military, our vets, and jobs, jobs, jobs. two year deal that will get us past the elections go for if republican. there is always plenty of time t

i'm david asman in for trish. our top story tonight. the west coast in crisis as residents and business owners from seattle to san francisco and beyond bear the brunt of the homeless crisis. many are blaming liberal officials for causing the crisis. but in california the state's governor says that's ridiculous. >> to suggest it's because of liberal policies is laugheddable and insulting. maybe the reason they come from texas to because you probably need a better bern fit if you go to san francisco. >> so the choices. what kind of society is that we are just not going to help. >> they don't have as big a who a homeless problem. >> good for you. but you know what? you lose a little bit of your soul. david: joining us is doug schoen and charlie kirk. do you lose your soul if you stop enabling the homeless? >> here is what bothers me what governor newsome said. ' he conservatives would rather have people of and charities help people. he's misrepresenting and demagoguing what red states are doing. what's going on in the west coast is stunnin

i'm david asman in for trish. the trump administration cracking down on wait calls loopholes in our immigration system, unveiling a new rule allowing officials to cross our border illegally indefinitely while their asylum cases proceed through the courts. the previous limit was 20 days for which they had to be rye leased. but that's not all. the president has other measures in his sights. -- president trump: you walk across the border, you have a baby, congratulations, the baby is a citizen. we are look at this seriously. david: what does this new rule mean for the folks on the line. the border patrol officers, does it make their jobs harder or easier. >> as we see a decline in illegal immigration we can focus on the senator cot is and criminal aliens coming across the border. if we can put a dent into those profits we'll see a much more secure border. this is the doing what's in his authority because congress failed to step up and act when they could have acted. because they didn't act the president is going it a

i'm david asman in for trish.ur top story, new evidence the democrats already started on the path to impeachment long before robert mueller's russia report made its way to congress. this despite repeated statements from the chair of the house judiciary committee he that impeachment would have to wait until after the mueller report. >> we'll have to see from the mueller investigation, from whatever we find, if we get the facts, we'll see where the facts lead and maybe it will lead time peachment, maybe it won't. it's way too early to talk about impeachment. we'll see where the facts take us. david: by the time chairman nadler said that to chris wallace an impeachment investigation had been launched weeks before according to new court documents obtained in a separate case. joining me, 2016 trump campaign manager corey lewandowski. there was some corrupt politician who said never atlantic the facts get in the way of a good story. this is clearly what's going on here. right? >> what we see and what the american people

david: good evening i'm david asman sitting in for the vacationing lou dobbs.can presidents have sat idly allowing the communist chinese government to steal american intellectual property and rip off the american people to the tune of trillions of dollars. well, today president donald trump said enough is enough. the president raising tariffs 5% on 550 billion dollars of chinese products, retaliating hours after china placed tariffs on 75 billion dollars of american products. now, the president today also demanding american companies start looking for alternatives to china, including the idea of

i'm david asman in for trish.ur top story takes us to the southern border where drone footage shows 60 miles of brand-new border wall in arizona. customs and border patrol expects to complete 450 miles of this wallaby next year. but it's not just arizona. across the southwest, crews are breaking ground on new wall or beefing up already existing structures. this coming as the trump administration asks the supreme court to allow them to begin restrictions on migrants who seek asylum in this country. our builder president wasting no time at all in getting this done. it must be some kind of record for the federal government to get this much done so quickly. i'm wondering how it will affect the lives of the people of on the border. the i.c.e. agents, border patrol agents, et cetera. >> i'm proud of this president. he's keeping his promise now to the american people and the border patrol. you see the new wall go up. he's building this wall exactly where the border patrol say they need at wall. they know where the groups

hi, i'm david asman in for trish. our top story, getting back to the negotiating table. china signaling it's seeking to calm an end to it's today lating trade war with the united states. even president trump is voicing optimism. we are going to start shortly to negotiate and we'll see what happens. but i think we'll make a deal. they want to get something done. this is the first time i have seen them when they want to make a deal. i think that's a positive step. david: joining me now form george w. bush speech writer and a man who lived in hong kong for 10 years, bill mcgurn. the markets love this. they were up close to 300 points. are you optimistic that there is a trade deal? and i have to ask you is it a good thing there may be a trade deal. >> it's a question mark over the economy. you see that in the gyrations of the market. it looks like it's no deal. the reason -- the president is right, china does not behave by accepted international norms. it gets away with it because it's so big. on the other hand it's clear tariffs are really the answer to fixing this problem.

i'm david asman and for trish. our top story tonight a blistering report from the inspector general claiming james comey violated his own agency's policy by leaking memos that meaning is private conversations with president come to a friend with specific instructions to share them with a reporter. the ig writing in no uncertain terms quote by not safeguarding sensitive information obtained during the course of this fbi employment and by using it to create public pressure for official action comey set a dangerous example for the over 35,000 current fbi employees. despite this the justice department ultimately declining to prosecute and for his part comey is defiantly the import quote i don't need a public apology from those who defame me but a quick message with a sorry we like about you would be nice to joining me now is former fbi assistant director chris wegher and former federal prosecutor doug burns. chris, it's amazing what this man is now saying after the report came out but the ig report isn't a great surpri

tune in tonight, david asman got interviews with bill de blasio and john delaney.s between the white house and anthony scaramucci continues. her see daymercedes shlapp saide worst time to work in the communications area of the white house. >> anthony scaramucci is all scaramucci. the young staff were terrorized by him, where he only survived 11 day days a in the job. >> how did he terrorize them? >> he spoke to them badly. i think the young staffers felt undeuncomfortable around him. they say it was the worst time to work in the communications job, under anthony scaramucci. >.lauren: . cheryl: taking a look at futures, we've got an escalation in selling. we've had global pressure overnight in asia and europe. looks like it's now spreading here, after yesterday's sell-off. the dow is down 87, s&p is down 10 and change, nasdaq down 43. still ahead, what is worse than getting spammed with robocalls? how about finding out that the companies you trust to block them are actually selling your data? we're going to tell you about that. and also going to tell you about a bee

david asman and deirdre and ashley, i think we've got it straightened out.e bit much. i may be going -- david: not when the market is down 440 points. stuart: thank you, david. i may be suggesting too strongly that jay powell was teeing up future rate cuts but that's what's going on. ashley: i think jay powell's message this morning failed miserably as far as the president is concerned in its tone. it was too neutral. he wanted jay powell to come out and just be incredibly, you know, let's -- we are going to have to keep up with the rest of the world. deirdre: the president grabbed the mic. right? he grabbed the mic from jay powell. stuart: exactly what he did. well, look who's stuart: we have "wall street journal" associate editorial editor. >> to regional manager. stuart: i was going to give you a battlefield promotion. >> today's the day. stuart: am i right,, just go through this. am i right appearing that jay powell appeared to tee up future rate cuts? am i right in saying that president trump grabbed the mic, dominated the news cycle with this confronta

i'm david asman.ary kaltbaum, kristina partsinevelos, scott martin and steve forbes. i'm not looking to do indexing. i've studied indexing for a long time. i think it will be perceived if i do it as somewhat elitist. i don't want to do that. i want taxes for the middle class, the workers, the people that work so hard, that's what i'm looking. i think indexing is really probably better for the

i'm david asman. this is bulls &

i am david asman, joining me on the panel jonathan own neck, jackie d analyst, zachary and gary deeseoth. president trump taking slack after tax cuts, he says the economy is strong so we do not need them. larry kudlow, national economic council will join us at any minute now. but jackie, if the economy is slowing down and there are signs, today we have revisions of the amp limit figures to the downside, what do you do other than cut taxes? >> it's an option that's on the table and the president took off the table. i think it's a danger talking to much to the media even if the strategy that the white house is considering that they may not employ depending on the cell this plays out. we take every word and we pounce on it. yesterday he was doing and today he is not. he may still do it who knows. >> one obvious example is when stimulants would be taken to the pages of the wall street journal which is to in the tariffs. in the trade war, even larry kudlow himself admitted that the tariffs are in fact taxes on americans. we heard from businesses big and small and all these baha'i in the sk

i am david asman in this week for paul gigot.esident trump responding to last weekend's pair of mass shootings that left more than 30 people dead in el paso, texas, and dayton, ohio. those shootings spurring calls for gun control legislation and expanded background

very owned david asman. response to that, when you raise the minimum wage to $15, are you going to stand there and choose which million plus people get fired and which get the $15 minimum wage? de blasio would probably say yes, i would love to stand there to pick the one that gets fired, the one that gets the money. >> you and i talk about economics all the time. we're kind of geeks. it is one of the few things cross over party lines. most economists, not all, certainly all conservative economist, even a lot of liberal economists agree if you raise the minimum wage, certainly double it, the way he want to, you lose jobs. it is not people that are supporting families. it is the entry level jobs, the people who learn how to do work, you know, people still living at home. kids and so forth. there is a question about taxes. you know, he kept, de blasio kept asking sean, why are the 1% paying less in taxes. well, hello, in fact since the tax reform, the percent of the total income taxes paid by the 1%ries ren fro

hi, everybody i'm david asman. thank you for joining me, joining me on on the panel is jonathan hoenig, christina partsinevelos, gary kaltbaum and liz peek. so the business roundtable is comprised of 200 ceo's from major u.s. businesses dropping the age-old notion that corporations function first and foremost is to serve their shareholders, and maximize profits. jpmorgan ceo jamie dimon leading the reimaged ideas stating, "the american dream is alive but fray ing, and all is happening amid a growing national debate about the responsibilities of corporations, so is all this just a pr stunt? >> this is a terrible move, david. it's really the sanction of a victim and these companies are the victims here. where is this all coming from here? not the companies but the leftist professors. this is this whole notion of stakeholder value. it's not the shareholders that own the company. it's the stakeholders who is everyone. literally the guy that delivers the paper to the employees, to the environment, to the government, so

i'm david asman. joining me on the panel today is robert wolf, susan lee, scott martin, and my man steve forbes is with us as well. fears of a global recession driving investors to the safety of gold, which was way up today, soaring to its highest level since september 2013. bonds with a ten year treasury yield hitting lowest level since october 2016. at least one bond analyst says it could actually go negative after all is said and done. but is this all just an overreaction, or are we really on the brink of some kind of financial disaster? >> we're not on the brink, david, but the markets are worried that this trade war we're having with china may not be resolved the way they thought it would a few months ago. what would be the implications of that? creates more uncertainty. what's going to happen with the tariffs with autos and auto parts from europe? that could throw that continent into a recession. so people are hedging. they think something will be done with china, that it won't go over the preci

j & j blasting the decision moments ago good evening i'm david asman, this is bulls & bears thanks for let's get right to grady who has all of the details. greenland? >> well it wasn't the $17 billion the state was hoping for but it was still a large and landmark ruling because this is the first time that i state has taken a drugmaker all the way to trial and also as a result of

j & j blasting the decision moments ago good evening i'm david asman, this is bulls & bears thanks for joining us. let's get right to grady who has all of the details. greenland? >> well it wasn't the $17 billion the state was hoping for but it was still a large and landmark ruling because this is the first time that i state has taken a drugmaker all the way to trial and also as a result of the verdict today, the first time the state has won, so as we mentioned, we'll put that number on the screen right now, $572 million that j & j is ordered to pay out to the state of oklahoma as a result of this lawsuit. basically the state argued that oklahoma or rather the drugmaker , j & j, was a public nuisance by aggress every market ing opioids down playing the risk of them and then essentially flooding the market with the painkillers, and part of the cause for some 6,000 people who died since 2000 in oklahoma as a result of the opioid epidemic. so we've been hearing from both sides after this verdict was reached today, and we want to get to a quote from the state attorney or rather the attorne

i am david asman in this week for paul gigot.resident trump responding to last weekend's pair of mass shootings that left more than 30 people dead in el paso, texas, and dayton, ohio. those shootings spurring calls for gun control legislation and expanded background