it is bottom line big pharma writes us big checks, lobbies enormously and they don't like the idea ofower prices foyer their sitting drugs agnature dr get congress to oppose it. this is such a critical issue for americans, they care about their gas prices and the cost of the drugs when they go to the drugstore to buy them. he tapped moo that smartly opt campaign trail. but now he seems to have fallen victim to the exact same thing that members of congress does, we have to do what big pharma wants, this is the big scary thing that they don't want. maybe he throws a curveball and says i'm going to let the government negotiate. but with trump we never know until he says it. >> we'll see. had is the kind of thing that trump campaigned on. i think he believes in, and he'd get a whole lot of support, not necessarily from lawmakers, but from everyday americans across the spectrum. all right, gentlemen, thank you so much. we're going to wrap up the show, you know what that means, good news. >>> there's always good news somewhere and we think good news rules. today we give a hat tip to one rul

to giveaways to big pharma, raising drugs costs, where children, seniors and working families are paying the price every day. the american people deserve better, but republicans are standing in the way. we want republicans and their corrupt big donor-driven agenda to get out of the way. it has given the american people a raw deal. democrats are offering a better deal for our democracy. to save our democracy we are committed to empowering the american voter, to demand responsive government, protecting every citizen's right to vote and their right to have their vote counted as cast. safeguarding our election infrastructure and ending partisan redistricting. next we are striking america's ethics laws to fight the special interests, ending the revolving door in washington and reining in the influence the lobbyist, big money donors and special interests who drive the republican agenda. fixing our broken campaign finance system to combat big money influence, wiping out the scourge of unaccountable, secret, dark money, and overturning citizens united. republican special interests and donor-firs

opec will last name a slum the chief market analyst at the markets will join us from london plus big pharma and prescription drug prices are in the news as president for the stuff this is just moments ago our tease ashley banks takes a closer look plus we take a look at the economies of the euro zone and the u.s. with the founder of money strong and healthy mark you know who will join us from dallas and kanye west and beyond so they are in business news but not for good reasons we'll explain lots to get to but first let's get some financial as. the world's biggest second best fund got even bigger this week three japanese mega banks have decided to join the vision fun led by the soft bank group mizuho bank reportedly will ante up on the level of tens of billions of years on wall m u f g bank and sue my tomo which is a bank also in japan will join with the automaker dime or chrysler oracle co-founder larry ellison and buy her rain sovereign wealth fund to invest in the vision fund and the new capital infusion will get the fun to its one hundred billion dollars goal the fun launch with seed mo

corporate animal in this country's history. >> that's right. >> reporter: what do you say about big pharma? >> they are pretty evil. basically, they did the same thing the tobacco companies did, they lied about the addictive nature of the opioids and then went out and marketed these and told doctors everywhere it's safe. it's created this huge opioid epidemic. there are 3 million opioid addicts out there in the country right now. >> reporter: most of whom began with prescriptions. >> 80% of them. >> reporter: moore calls out one company in particular for videos like this one. >> the rate of addiction amongst pain patient whose are treated by doctors is much less than 1%. >> when you train your work force thousands of sales people to go out and tell doctors that there is less than 1% chance of addiction if you take this drug and you know there is no study that you've done and no reliable study that anybody else has ever done that says that, then of course, you're telling a lie. of course you are. >> reporter: purdue told nbc moore's assessment is deeply flawed. that oxycontin represents les

the market for that single drug is going to be worth about forty billion dollars a year or so in big pharma in big ag g.m.o. is really bringing and bring in a lot of money so is it is this syngenta deal now that it's owned by state owned china corporation etc is that really going to move a majority share of the work that's been done to business and the related businesses that's been done in the u.s. so i'm going to shift this to china are we still going to have a big piece here in the us well you have to remember a bar at that as you know for the agricultural industry in america is about one hundred fifty years in development so these things do not shift immediately and abruptly but the fact is that the chinese are very focused on long term planning and there is no doubt that that is what they have in mind that's why they are acquiring such land masses in africa that's why they're getting the water rights that's why they're getting the genetics the d.n.a. they've been purchasing smithfield farms to get the genetics on hogs remember a lot of these g.m.o. these are not for human consumption b

and for more on big pharma and the cost of prescription drugs let's hand over to our correspondent ashley banks president trump says that pharmaceutical companies are getting away with murder however his proposed policies could possibly have major consequences for. the rest of the world's worst drug crisis in american history this comes amid rising trade tensions between the u.s. and key trading partners according to reports trump and his administration have blamed high u.s. drug prices on foreign countries a senior administration official says quote the us taxpayer through our publicly funded research efforts as well as through patients and consumers are largely paying for the vast majority of the our indeed that goes into the development of new biologics adding other countries take advantage of the u.s. and don't pay their fair share for the us as investment and medical research allez as our health and human services secretary says quote as part of president trump's bold plan to put american patients first age age as is focused on solving a number of the problems that plague drug market

nine out of 10 members of the house except money from big pharma. ly three united states senators have not received any political donations from pharma. it is bipartisan corruption at its worst, because it is legal corruption. if the media would rather talk about donald trump's lawyer than the legalized, into should last -- institutionalized, and that dt corruption that --embedde corruption, yet all this goes unreported and you ask stupid questions like why we don't have lower drug prices. the answer is obvious. there will never be lower drug prices. if you want lower drug prices then cross the border to mexico or canada. host: kathy in saint augustine, florida. caller: good afternoon -- no, it is morning. host: yes, it is. i can only talk about florida. i think one of the most deadly things they allow is the drug advertising on television. companies spend billions. they paint pictures of things that the drugs can do that may not be exactly what they can do, depending on what the element is is thaty -- ailment they are treating. only the treating phy

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should big pharma be nervous?york times reported. >> we will not rest until this job of unfair pricing is a total victory for the usa and see those prices go down, a beautiful thing to watch. >> minority leader nancy pelosi is not buying it. the california democrat says, quote, the pres.'s proposals are another giveaway to big pharma and do nothing to hold multidrug counties -- companies accountable for price gouging. dr. mark siegel investigates who is right. >> this is a president that wants to do, he's very supportive of what we wanted to help the healthcare delivery system. >> last week medicare and medicaid czar, the first important step to put teeth to the pres.'s a bold promise to prove the pres. writing nancy pelosi wrong, she unveiled the new drug dashboard where a senior gets to see the price increases for every drug he or she is taking. basic allergy drugs like zyrtec, diabetes and cholesterol drugs, arthritis drugs up 20% last year, costing $2700 per patient. i spoke to her in her first on camera exclu

when it came time for him to negotiate, the president pulled his punch and the stocks of big pharma company, don't take my word for it, look at the stock market after he made his statement. pharma stocks soared. because they saw that he was not serious about holding down prescription drug prices. families and seniors are suffering under the raw deal that republicans are forcing on them. and in terms of prescription drugs, our better deal says that we're going to have solutions. tough new enforcement of price gouging, allowing medicare part to negotiate for drug prices, transparency, and excessive drug price increases. this is so important to the american people. when we want to know -- one of our -- [inaudible] -- was to allow the secretary to negotiate for lower prices. five of the six became law. only one did not. because we couldn't get 60 votes in the senate. enabling the secretary to negotiate for lower prices. the president has talked about the power of the prescription drug lobby. oh, my gosh. he said so many things. i won't go into that unless you ask. then gernings he just -- again

, you can see the big pharma names by anywhere from 1 to 3%. they initially took a dip. they've now completely rebounded although you sigh mylan a second ago start today head back down just as azar finished speech, no more of this blocking generics from accessing certain ways to copy drug even as president trump said we are going to shut out pharmaceutical companies and force lobbyists to knock price hikes. invests-- investors are acting e this is going to pass. everybody is higher, aetna is higher by two and three quarters. these are the so-called middlemen that are supposedly under attack, cvs up by 4%, walgreens, 1% and, you know, biotech, he talked a lot about bio similars, they seem to be fine too. nobody should be surprised at president trump's ire over this. he has never made it a secret. he's not a fan of the drug companies, he's accused them of ripping off the american public with high cost to prescription drugs, the president indicating it is time to start taking u.s. consumers for fools. >> in some cases medicine that costs a few dol

the market for that single drug is going to be worth about forty billion dollars a year or so in big pharma in big ag g.m.o. is really bringing and bring in a lot of money so is it fred is this syngenta deal now that it's owned by state owned china corp etc is that really going to move a majority share of the work that's been done the business and the related businesses that's been done in the u.s. so i'm going to shift this to china are we still going to have a big piece here in the u.s. well you have to remember bart that as you know for the agricultural industry in america is about one hundred fifty years in development so these things do not shift immediately and abruptly but the fact is that the chinese are very focused on long term planning and there is no doubt that that is what they have in mind that's why they are acquiring such land masses in africa that's why they're getting the water rights that's why they're getting the genetics the d.n.a. they've been purchasing smithfield farms to get the genetics on hogs remember a lot of these g.m.o. these are not for human consumption but

one consumer advocacy group complaining what trump laid out is policy that big pharma could love. >> reporter: tasked with heading up this effort the health and human services secretary alex azar who, until last year, ran one of the country's largest pharmaceutical companies. whose side is he on? tonight secretary azar says trust us by our actions. lester? >> peter alexander tonight, thank you. >>> the ceo of at&t is telling employees that those payments to president trump's private attorney michael cohen were a mistake. in an internal memo randall stevenson called cohen's hiring a serious misjudgment and said at&t's chief lobbyist in washington is leaving the company. >>> overseas, angry anti-u.s. protests broke out in iran today as the u.s. moved to reinstate sanctions between that country. it comes amid escalating tensions between iran and israel erupting in exchange of rocket fire and missile strikes. richard engel has more from the west bank. >> reporter: defiance today in iran as the u.s. reimposed some sanctions as president trump walked away from the deal, burning american fl

i believe that is gonna mean less in fans from your big party is there still big pharma still needing to hear what are the top three things to do you have to walk all the street and see our sights in a sack and say you have to try our rust the food and of those things you have to investigate its cause x. because x. yes exactly. you were told to come and see because well they're putting on some performance no. it's pretty amazing how they celebrated. that's hard looks like a door to me all day long. yes. yes yes. yes. as you heard the juror said to me. so i'll come to the local market i'm going to meet up with my new friend who's got restaurants around this place and he's going to help me pick out being raised so i need to cook my pills i don't come a cookie for him. he will know who you are good to see you and i look to see if i want to hold a fish things forward from there and i think in the room because the ability to write so we can take a walk in there and find this and it and you can maybe help me out of it. that's a beautiful thing the other. much is i mean he was using that he'

we'll ask name us law i'm the chief market analyst at the markets will join us from london plus big pharma and prescription drug prices are in the news as president discusses his plans just moments ago archies ashley banks takes a closer look plus we take a look at the economies of the eurozone and the u.s. with the founder of money strong and healthy mark you know who joined us from dallas and kanye west and dion sawyer in business news but not for good reasons we'll explain lots to get to but first let's get some financial. the world's biggest second best fund got even bigger this week three japanese mega banks have decided to join the vision fun led by the softbank group.

will ask name us law on the chief market analyst at think markets will join us from london plus big pharma and prescription drug prices are in the news as president discusses his plans just moments ago archies ashley banks takes a closer look plus we take a look at the economies of the euro zone and the u.s. with the founder of money strong and healthy marc you know who joined us from dallas and kanye west and dion so they are in business news but not for good reasons we'll explain lots to get to but first let's get some financial interests the world's biggest second best fund got even bigger this week three japanese mega banks have decided to join the vision fund led by the soft bank group mizuho bank reportedly will ante up on the level of tens of billions of years in wall m.-u. f.g. bank and sue my tomo which is a bank also in japan will join with the automaker dime or chrysler oracle co-founder larry ellison and by her reign sovereign wealth fund to invest in the vision fund and the new capital infusion will get the fun to its one hundred billion dollars goal the fun launch with seed m

is bought and sold by big pharma. medical marijuana, i've used it, i'm a melanoma patient and i want to know about allle that genetically modified corn you're growing, that's nutrient detisht, has herbicides, it's fed to cattle, cattle are supposed to eat grass and it's wreaking human traffic on everybody's immune system. you're growing the wrong thing. host: i'll give you the last minute, sir. guest: again, we've got a process for making sure drugs are safe and effortive. that's why we've got a system here in our country that by and large works for most people. is the f.d.a. perfect? no, it's not always going to be perfect. it does take a long time to get those drugs through but it is the best system we've been able to accomplish. to be able to allow people to use dangerous drugs without having that research i think is actually put people at greater risk. with regard to the corn that we're growing here, the work that we do is actually helping make sure that we can feed the entire world. that all the studies show that

. >> on capitol hill, big pharma's role in the national epidemic was at the center of a house energy and commerce committee aerg yesterday where current and former pharmaceutical executives faced questions from lawmakers. >> do the extraordinary volume of opioid shipments in small towns of west virginia indicate a breakdown in the suspicious order monitoring system. >> knowing what we know today we would have made different decisions sir. >> officials across the country call on the industry to be held accountable. in sand rafael, chris wirn, abc 7 news. >>> the officials start of fire season is almost here. after last year's record wildfires california lawmakers are pushing for more funding for firefighters. a bipartisan committee joined firefighters at the state capital this morning requesting an additional $184 million from the state budget to help fire agencies. the money would go to improving dispatch systems for mutual aid, which allows stations to help other areas dealing with large scale wildfires. it allows them to work together more effectively. >> as wildfire awareness week

medicare part d, the president is going to unleash the drug plan to actually negotiate against big pharma negotiations is basically not existing with almost no discount to rebates being paid no we are pulling that off allowing full negotiations going to have bidding, and real discounting in that space for the first time ever going to bring negotiation competition and discounting to the physician administering drugs where nothing existed in the past. >> terrific it is crazy where nothing existed in this regard in the part are past how is that possible. >> the way congress designed the program, running u.s. arm of that drug company if you have a physician administered drug you set a whatever price pay no discount on it, it is covered by medicare immediately, if you have a drug that people have to pick up at neighborhood pharmacy and administrator to themselves, you are not covered until the drug plan allows you in because you made the case, you pay up to 30% or more, in discounts in rebates to taxpayers the beneficiary fight formulary management going through sales first other controls, tha

but big pharma companies are heaving a sigh of relief that mr trump did not make good on his promise and their profits will soon show it already stock prices for express scripts and see. yes two of the nation's biggest players in the p.b.s. were up two percent after mr trump's speech on friday united health which owns the nation's third largest p.b.m. said they welcome the trump plan and other drug and biotech stocks rose after the president's announcements according to wall street journal and an analyst from stanford c. bernstein and company said the proposal confirms that quote the administration was and will remain very pro pharma in. the face of the japanese shipping industry is changing as the three largest carriers are merging in to a bid to secure a market position against regional and global rivals the n y k line k line and mitsui o.s.k. lines began joint operations late last month as the ocean network express or one effectively creating the six largest shipping operator with seven percent of global market share mitsui is the de facto leader of the new formation the shipping

but big pharma companies are heaving a sigh of relief that mr trump did not make good on his promise and their profits will soon show it already stock prices for express scripts and c.v.s. two of the nation's biggest players in the p.b. m's were up two percent after mr trump's speech on friday united health which owns the nation's third largest p.b.m. said they welcome the trump plan and other drug and biotech stocks rose after the president's announcements according to wall street journal and an analyst from stanford c. bernstein and company said the proposal confirms that quote the administration was and will remain very pro pharma. the face of the japanese shipping industry is changing as the three largest carriers are merging in to a bid to secure a market position against regional and global rive. the n. y. k. line k. line and mitsui o.s.k. lines began joint operations late last month as the ocean network express or one effectively creating the sixth largest shipping operator with seventy percent of global market share mitsui is the de facto leader of the new formation the shipp

that's typically wind power and they're there's coexistence where these big pharma and you have the wind exactly but the the solar panels because they're covering the crop acreage you can't really have that coexistence at this point well we thank you for explaining it to us and helping us understand all this talk of cloak and director of public citizens energy program sir always my pleasure. gold price it had been on a steady increase since two thousand and eight topping out an all time high in july of two thousand and eleven at just under one thousand nine hundred dollars just over eight hundred thirty seven exactly an ounce but while prices have been above thirteen hundred dollars for a while they dropped forty dollars from what seems like a resistance level of thirteen sixty here to discuss gold and mining companies as andrew maguire the c.e.o. of gold star global who comes to us from london andrew welcome indeed we're very pleased that you've taken the time to join us in it and i correct that thirteen sixty seems like a resistance level for for gold these days. yeah you're absolutely

. >> reporter: this week on capitol hill current and former big pharma executives. >> in small town in west virginia indicate a breakdown in the suspicious order monitoring system. >> knowing what we know today we would have made different systems. >> reporter: leading cause of accidental deaths in marin county over the past five years. >> trying to reeducate our physicians in face prescribing practices. >> reporter: marin county public health officer say those in the industry need to be held accountable. >> we are learning the hard way how wrong that is. >> reporter: that's why the county council has filed a lawsuit against 12 pharmaceutical manufacturers and wholesale wholesale wholesalers alleging they misled the country. legal analyst steve clark says the lawsuit sends a clear message. >> what they are seeking is both monetary. and have been injured result of drug overdoses. >> reporter: marin is one of 30 counties in california to take legal action. >> the california's teacher pension is forcing retailers to stop selling military style weapons. stop selling those pweapons or face

. >> reporter: this week on capitol hill current and former big pharma executives. >> in small town in west virginia indicate a breakdown in the suspicious order monitoring system. >> knowing what we know today we would have made different systems. >> reporter: leading cause of accidental deaths in marin county over the past five years. >> trying to reeducate our physicians in face prescribing practices. >> reporter: marin county public health officer say those in the industry need to be held accountable. >> we are learning the hard way how wrong that is. >> reporter: that's why the county council has filed a lawsuit against 12 pharmaceutical manufacturers and wholesale wholesale wholesalers alleging they misled the country. legal analyst steve clark says the lawsuit sends a clear message. >> what they are seeking is both monetary. and have been injured result of drug overdoses. >> reporter: marin is one of 30 counties in california to take legal action. >> the california's teacher pension is forcing retailers to stop selling military style weapons. stop selling those pweapons or face

yvonne: what about for big pharma, how will they take the news? is any of this surprising at all? ew this was coming, but i don't think there are going to be any big surprises for them. certainly, they are not being hit as hard as trump would have done if the plan was coming when he first took the office of the presidency in january, 2017. he said just before going into the white house, that he would like to see the government negotiate prices directly with the drugmakers, and that will not be something we see proposed tomorrow. so it is certainly not as harsh as it could have been at one point in time. a lot of this is something that drugmakers are expecting. proposals that we have about for a while, many of them made in a budget proposal which the president sent to congress in february. that being said, we don't know all the details of the plan yet, we just have some of them. so there is a possibility of a surprise tomorrow. yvonne: we will see if democrats are satisfied with the plan. of course, is it likely to get interest in light of novartis's payment to the trump lawyer? ann

that's not a lot of americans, and what we are seeing is basically a corporate bail-out if you're big pharma if you're big oil, if you're in banking, those industries have seen -- [inaudible] >> we can argue about bonuses really help, a lot of average workers have gotten bonuses. >> they have seen costs go up, health care, gas go up. >> that's because of democrats. that's not a fair argument. >> you have every chamber right now. >> thanks for coming in. >> democracy. >> laura. >> tourism on hawaii's big island you can only imagine taking a big hit. lava has now destroyed a total of 82 homes and other buildings on the island. >> to give you an idea of how vast the flows are right now, we've got approximately 223 acres covered by lava. >> jeff paul live from the island, all right, jeff, what's the concern right now. >> lowa, the most powerful earthquake just erupted during summit of kilauea and they are expecting more tremors and don't have any idea when the volcano can stop. if you look at the timeline, you can see how massive and uncontrollable the lava is in several neighborhoods and fires

>> i think it probably puts a little pressure on the big pharma names. e sector you will probably look at the biotech names instead. one of donald trump's classic issue. it's a big battle between demographics which is the big driver for future use and net margins. gerri: matt and sean, thanks for coming on, great talking to the two of you. >> thanks for having me. gerri: tracee carrasco joins us with more on that and other headlines. tracee: uber will deliver food by drones. the u.s. department of transportation chose 10 state and local governments and a number of companies like alphabet, intel, fedex and ub the other work together on this commercial drone program. gerri: i will believe it when i see it and major crack-down on robocalls, we are so excited about the story. tracee: this is the story you're talking about, fcc fining a florida man $120 million for allegedly making nearly 100robo calls, tricking people into buying exclusive as he called them vacation deals, adrienne denied any, quote, fraudulent activities and said these were legitimate tale m

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. >> big pharma companies pfizer themerck reported earnings a beating earnings per share, but pfizers unchanged. what happened with mark and pfizer this morning? >> mark's results had a very strong results from their cancer franchise. thathad an oncology drug is first in class and is emerging as a leader, and driving the business. the pfizer story is different. their revenue was not quite what analysts were expecting, and what investors are looking for now is obviously with pfizer, they make big moves, and have shown willingness to do big deals, and people have been looking at them to say, a lot of money is coming in, what are you going to do next? returning money to shareholders and a $2 billion buyback, but that was not enough to please investors. the stock is down after europe cost biggest bank reported cost that rose at a faster pace in revenue in the first quarter, suggesting it would be invest excess capital generated in the future. >> i think the buyback we mentioned this morning is in line with the pattern of what we have done in the last couple of years. those in the communi

. ♪ >> big pharma companies pfizer and merck reported their earnings, they both be on earnings-per-share pfizer? >> merck's results were as expected, a strong result from their cancer franchise, an oncology drug that's first in class now, emerging as the leader. pfizer is a little different. their revenue wasn't quite what analysts had been expecting, and i think what investors are looking for now is obviously -- they are making big moves, they have shown willingness to do big deals, and people have been looking at them to say, tax reform is done, a lot of money is coming in, what are you doing next? ♪ >> hsbc is returning money to shareholders in a $2 billion buyback, but it wasn't enough to please investors. the stock is down after europe's biggest bank reported costs that rose at a faster pace in revenue in first quarter and suggested it would reinvest capital generated in the future. >> i think the buyback we are mentioning this morning is, probably speaking, in line with the pattern of what we have done the last couple years. from our capital management perspective, i think what the

states, corporations and the special interest capture the state, whether it's the nra or the aarp, big pharmary frequently you have outcomes where the governments are trying to use experts to get regulations that will work, end up getting regulations that drive the most profit. >> he's driving me absolutely crazy. i know you've got to go to commercial break. steve: we'll definitely continue that argument. >>> coming up next, back to jez live where pastor robert jefers is live. he's delivering a prayer when the u.s. embassy opens there tomorrow. all of the details right ahead. i have no clue. we're just tv doctors. if this was a real emergency, : when you've got... ...nausea, heartburn, indigestion, upset stomach, diarrhea! nausea, heartburn, indigestion, upset stomach, diarrhea! here's pepto bismol! ah. nausea, heartburn, indigestion, upset stomach, diarrhea. here's something you should know. there's a serious virus out there that 1 in 30 boomers has, yet most don't even know it. a virus that's been almost forgotten. it's hepatitis c. hep c can hide in the body for years without symptoms. lef

the proposals are another big of a way to big pharma and do nothing to hold wealthy drug companies accountable for their price gouging. that is from minority leader nancy pelosi. you can see the announcement anytime online on c-span.org. >> the chair of the house -- houseongress freedom congress, congressman mark meadows, talks about a government accountability audit of the robert mueller investigation. here is a short portion of his remarks. congressman meadows: there will be a request for us to audit the financial resources of this investigation. he used to be part of the statue. it is within the parameters, since it is an appropriated fund from congress. we will be sending a request to the gao, the general accountability office, to actually look at an audit and make sure those funds are put forth properly. a question from the oversight committee or the freedom caucus? representative meadows: any member of congress can do that. and i will be doing that in at least my personal capacity, but as you know i am chairman on the subcommittee of government operations so gao and others are under that

we have specialty pharmaceutical makers, not just big pharma biotech stocks trading higher as well. it seems like what the administration is rolling out is not necessarily the worst case scenario some analysts had talked about it we will dig more into this in a moment. i mentioned the big cap tech laggard. this is the biggest but drag one nasdaq composite down 32% after the company came out with an outlook below estimates and more portly said it had an internal investigation after an employee made allegations about the company's accounting. it is not clear exactly what the allegations are. it may lead to a statement by the company. a lot of uncertainty. nvidia disclosing cryptocurrency revenues but they will decline dramatically in the coming quarter. those shares closed a record yesterday and down a little bit today. gaining traction here, the european stock market unchanged for a second consecutive day. still on seven consecutive week gains since march 2015. this is a wonderful chart showing the vix and the stocks, the europe equivalent of the vix, the volatility index. is thesent

states, corporations and the special interest capture the state, whether it's the nra or the aarp, big pharmatly you have outcomes where the governments are trying to use experts to get regulations that will work, end up getting regulations that drive the most profit. >> he's driving me absolutely crazy. i know you've got to go to commercial break. steve: we'll definitely continue that argument. >>> coming up next, back to jez live where pastor robert jefers is live. he's delivering a prayer when the u.s. embassy opens there tomorrow. tomorrow. all of the details rig ♪ most people come to la with big dreams. ♪ we came with big appetites. with expedia, you can book a flight, hotel, car, and activity... ...all in one place. ♪ everything you need to go. expedia this one's below market price and has bluetooth. same here, but this one has leather seats! use the cars.com app to compare price, features and value. . steve: welcome back, everyone. nearly 800 gersts are expected to attend the opening ceremony when the u.s. embassy is moving from tel aviv to versace tomorrow. joining us again from jerus

whether that means taking on sex traffickers or standing up to big pharma or to big tech. enforces the laws of missouri and defends the people of missouri, no matter who it is that's what we have always done and that's exactly what i'm going to keep doing. >> martha: there was criticism of you early on that you weren't tough enough on the republican governor of your state. is that something that you think is going to come up when you are in debates against clair mccass skill how are running against in missouri. >> clair mccaskill is eager to change the record anything to do with her record. she has a terrible record for the people of missouri. she has voted to keep our border open. not secure it she has voted to send jobs overseas. she has voted to raise the cost of our hlthcare, martha. that is whyhes th popular senator in ameri on a ballot. we're going to send her home. i'm proud standing up for missouriens and i look forward taking that to the november election. >> martha: good to see you tonight. attorney general josh hawley and candidate for missouri. also develop thi

shery: coming up, the president versus big pharma, how the president plans to push down drug prices,t. this is bloomberg. ♪ mom, dad, can we talk? sure. what's up, son? i can't be your it guy anymore. what? you guys have xfinity. you can do this. what's a good wifi password, mom? you still have to visit us. i will. no. make that the password: "you_stillóhave_toóvisit_us." that's a good one. seems a bit long, but okay... set a memorable wifi password with xfinity my account. one more way comcast is working to fit into your life, not the other way around. david: this is "bloomberg markets: balance of power." i'm david westin in washington. shery: i'm shery ahn in new york. quick check of the major averages, u.s. stocks paring back gains. dow trading at 24,756. this could still be the seventh consecutive session of gains, could be of the highest winning streak since november of last year. we are unchanged at the moment, telecom and health care gaining ground. and investors not nervous about the remarks on lowering drug prices by president trump. the 10 year yield also holding steady, ju

families struggling with crisis of surging drug prices, president's proposal are a give away to big pharmado nothing to hold wealthy drug companies accountable for price gouging. reporter: -- verma unveiled a new drug dashboard, they can see a list price of the drugs, they made that dashboard 3,000 drugs. you see which ones have gone up over last year, which are going up and which manufacturer responsible, zyrtec 20% up. liz: how would that lower the cost? >> what happened middle managers come in taken a bi a profit andt passed it to consumer, so the consumer pays high copays, and pay out of pocket. >> if everyone sees the trajectory of these individual drugs going up, they would say, wait a second, you are talking market press our to bring the prices down? once you see them? >> absolutely. enbrel costs $2700 a month. liz: what is that for. >> arthritis. but if a medicare patient senior said, look at that price. who is making that money. the profit, they find out it is the middle managers, they will ask government to help. the government is negotiating. liz: i see. they will take hits. >>

the suit alleges the big pharma companies misled the public about the dangers of addiction and overdoses while raking in huge profits. 30 california counties are taking part in the lawsuit against two dozen drug manufacturers. among other things, the lawsuit seeks reimbursement of taxpayer funds already spent responding to the epidemic. >>> a new grand jury report in santa clara county has found that one out of every three police shootings came during interactions with someone who is having a mental health crisis. our south bay reporter jesse gary tells us about the findings and the recommendations. >> experts say the problem centers on who first makes contact in a crisis situation. too often it's a police officer there to uphold the law but now forced to handle a mental health crisis. >> we are launching mobile crisis teams in santa clara county for adults. >> reporter: county behavioral health service director hopes to increase the size of that current team by 25% in the coming months. that's one of the recommendations in the 16-page report. police and the mentally ill, improving outco