he also has gotten support from some billionaire donors like bill ackman, who is leading the charge against dei and elon musk . including senate minority leader mitch mcconnell who way back in 2021 had said, trump should be subject to the country's criminal and civil laws. has this moment further tightened trump's grip over the republican party? is that even possible? >> that's a great way of putting it. i don't know if it is possible to me more under trump's thumb with the small minority of republicans who voted for biden in 2020, or those who do speak out, but they are certainly in the minority. nothing is going to change the dynamic for trump within the political party. i was really surprised to see that, right after the verdict, a lot of republican congressmen who were in swing districts, meaning they have a tough road in a general election your , they came out and backed up donald trump, and i find that so puzzling because especially in local races, republicans who run on crime -- well, i think backing him up they just give the democrats a gift because all they are going to say is, how

how do we get these people, the bill ackman's, or the bill mars, the sam harris, the nonwoven liberalsoke liberals who understand the repercussions. how do you get them to the finish line to vote the right way. i see lots of this always couched in i will not vote for trump. kara: there is a prestigious -- there is a prodigious amount of throat clearing that happens when they clear their throat. i am the worst person to ask because i have had anecdotally a friend who moved from manhattan to florida and i was like voter, she was like what are you talking about, why would i vote red? they cannot seem to connect what they are seeing on the ground to their voting behaviors. maybe they will do it in secret so they still get invited to the midtown and georgetown cocktail parties, but i think, when it comes to exposing this, using torrents of information you do not see if you just watch the sunday, if you look at all those platforms. you look at what is happening in these groups signal chats. people are exposing and generating ideas and a lot of what -- a lot of what is getting into law today

on october 10, bill ackman, a billionaire hedge fund manager and harvard donor, called for the universitys of the students from the groups that had signed the controversial statement. >> bill ackman is saying, "look, if you're one of these students, "i want to know who you are, "because in the business world, we ain't gonna hire you." >> narrator: several groups retracted support for the statement. >> when they're first presented with the consequence, they fold like a lawn chair. and that's what these harvard students did. >> narrator: although the students who wrote it stood firm on blaming israel, they clarified that they opposed "all violence against all innocent life." >> we're getting constant, constant calls from unknown numbers... >> narrator: but students were already being doxxed, with their names and personal information posted online. >> a digital billboard parked right outside harvard university is attracting a lot of attention. (camera shutter clicking) >> narrator: at the same time, a conservative watchdog organization sent a billboard truck to cambridge, branding the studen

. >> andrew nice tie, bill ackman one of the most entertaining characters on wall street. about him at you years ago the greatest rate of all time he took $27 million of credit default swaps intruded into 2.6 billion in ten days, you've done exclusive reporting, what's up with him now. >> big ego and big ambition, looking to raise $25 billion from retail and institutional investors by the end of july for a new mutual fund you could hear about it from your broker soon. he had his ups and downs performance wise the last five years have been great he's been crushing the s&p 500 and he also has one of the biggest social media presence in any investor in a million followers on x and a big supporter of israel a critic of di, going after joe biden from being senile and in embarrassment this past week he may support donald trump. he is basically has a big presence but the new closed-end fund will be focused on what he calls high quality north american growth companies. one is going to be relatively high fee of two percentage points annually. he's getaway that for the first year, m

bill ackman this week, what is it announced? he is worth $8 million. think of everything president biden has done for electric vehicles. a huge win for elon musk. yet they are railing against this disastrous economy, when it has been a perfect one for them. >> i think, first off, taxes, let's start with that. and then get to realizing that for these guys, in silicon valley especially, shame feels like a market inefficiency. wait, hold on, if i don't have to care about the judgments of people who are paying attention to the news, maybe i can do the thing that donald trump offers uniquely, in my memory, of american presidents. which is the ability to dictate actual policy. the ability to get favors. i feel like this is the other part of the trump administration that goes underrated because we are talking about the bed of nails that is every single scandal. he is for sale. look at the adelson family. go down the risk of donors and what you get. if you are tech billionaire, ceo, philosopher, king. that is what these guys want to be. they know better. they

i don't know if you saw bill ackman. he said, you know, he's voting for trump.onable on the important issues, didn't respond to biden's attacks. let's bring the country together, our divisiveness is killing us. can i invite you into unite the country at this point, andrew? do we have any hope for you? do the republicans have any hope whatsoever? >> we all want to unite the country. i think -- >> you know what i'm asking. you know what i'm asking you. i'm not asking you -- you want to unite the country are you ready to go along with bill and say that probably in a binary choice trump is the better pick at this point? are you ready to do it? >> i'm ready to say that right now, given what we saw last night, that i think there are real questions that need to be asked about what is going to happen on the other side. no question about that. i'm very prepared to say that. i think anybody who is -- >> you will say we need a different democrat to unite the country is what you mean. and that may happen. gavin newsom -- have you seen -- >> that may happen. >> his odds are

warned it would you know come back to bite them, they didn't expect a massive fundraising haul, bill ackmanrvard, he detailed massive chunks and sean mcgwire. the bulk came from the disaffected liberal millionaires. >> something is happening, other point. if you are small donor. and a new contributor, a lot of people think that means these people are going to vote. not like, a rich guy might give a hundred grand, but if small donors, you know 25 or 50 bucks that means a lot they will actually vote. some ways this is a voting poll as well as donor poll. >> you know there is scripture about i' i' impoverished little old woman that puts one penny in the pot, that scripture talks about how that means more, she feels it more, that is what is critical, they now have skin in the game, they made an investment in donald trump and his campaign that more likely to translate to them actually getting out to vote. there is one other point. larry: you never quote the scripture to me before. >> i say a clear parallel. larry: i am a sucker for it. >> other thing, that biden economy, has been relatively weak

. >> bill ackman calling for this come together moment behind trump.rump came across as strong and reasonable on the important issues, talking about last night, he didn't respond to biden's attacks, littering the country together. our divisiveness is killing us and someone needs to take the democratic leadership, i bottom lined this. the democratic party is united on who is the leader and on israel particularly in the swing states. contrast that with unified republican party getting behind trump. we won did you say the democrats were unified? lauren: divided. completely on who their leader should be and on the issue of israel. stuart: it is chronic division in the democratic party. unbridgeable divide. >> the whole premise of joe biden was he was going to unite people and that never happened. stuart: back to the markets. 237, nasdaq up 155. david, i'm going to ignore the inflation report and look at this rally. could this be called a trump debate victory rally? >> no question the world is buzzing, you've been covering this really will. it is important

most important historic days for the world, this is what the gop is doing, this morning, i saw bill ackman million man, blocking us, saying dr. jill biden, how can you stand for this? looks what happened to america. this is disgusting. >> yeah, it's sick. these people are sick. and that is a word they often hear donald trump use, try to talk about the left and progressives and this and that because they care about working people, because they care about justice and equality. i will tell you what is sick, what is sick is when the republican party takes a moment , a solemn moment, we are honoring hundreds of thousands of young men who paid the ultimate sacrifice, not just for the united states of america, the defense of freedom worldwide, and they make a mockery of that. and you know what they also do? they support fascism abroad. they support authoritarianism abroad, they are pro-putin. there is a reason why there making a joke, because they just don't care about democracy, and they certainly don't care about protecting liberty, and they certainly don't care about supporting our veterans an

look at what billionaire investor bill ackman tweeted after biden's appearance in los angeles.he democratic party is destroying itself by advancing biden for a second term, this is emperors new clothes in real life. it is not a children's book or a joke, the world is a great risk and biden second term is a grave threat to global security and prosperity. i don't know anyone who thinks president biden can do this for another four years, do you? >> these moments are so hard to watch and the most expensive was not the freeze but with president obama taking evil president biden by the hand by like a son or grandson, what terrible optics to a nation that is already asking itself who is running things actually in this administration with somebody sold and apparently not in control of his faculties. stuart: is become topic one politics across the board, everyone's talking about this and it's not going to go away. i want you to look at the headline from the washington post from the editorial board, biden should assume the polls are right, not wrong, they say president biden has a pollin

when you talk about -- i read in the story, you know, just struck by how many people like ken -- bill ackman in finance are going effort to trump camp. why do you think that is. >> i think probably historically some of the way trump treats people doesn't sit well with -- whether you have choices but there is really not many choices anymore. so you probably are more likely to put up with. >> brian: more pro-business, too. >> pro-business and some of the things have gotten to where it's hard to support nonsense. >> brian: how hard is it to be successful in this climate right now? what is the challenge with the american economy different challenges for everybody. regulation and having to be so careful with everything you do and say for fear of are people going to cancel you or think you are not supportive of other people's views. it just gets hard. >> brian: just the whole culture, for you, in particular, you not only -- you made your money in finance, but you also involved in pickleball at the highest level. how did you come into this game and how fast has it grown? >> yeah, i mean, i got old

. >> bill ackman is an american, big supporter of israel. made a lot of money no private equity. he is as outspoken as anyone. compare and contrast the tenacity israel employs to get its hostages. eight american hostages are being held by hamas, five living, three dead. what are we doing to get them home? that is something that escapes a lot of our coverage. >> dana: god bless them there. >> bill: so we will get more fallout and maybe we get more rescues. >> dana: political earthquake rocking europe. voters taking a sharp turn to the right. is that a sign of things to come even here in november? do you remember this? >> the truth is, people are dying today in nursing homes in republican states. just that democratic states had the disease worse and earlier. >> bill: what a time. october of 2020. fast forward to today, 2024. andrew cuomo is back in the hot seat. congressional panel gearing up to ask him about the deaths during the pandemic. >> dana: senate primary day in november. the balance of power perhaps hinging on that state's pivotal seat. >> i'm a grassroot candidate and cl

who have all of these constituents, but the small wall street universe, the nelson peltz, the bill ackman'se to have his kind of power and him in their back pocket if he were to win. >> yes, and the problem with the transactional leader like that with that form of corruption is that yes, you may get what you want when you throw in the last fundraiser, when you've given him the last million dollars but then somebody else comes along and does a bigger fundraiser for him and because it is totally transactional, you have no legitimate principle by an on anything. is just who is willing to pay for it most recently and to the largest effect and that is why the rule of law usually is a better idea for the business wor certainly in the medium and long term. stephanie ruhle, thank you so much for joining me from aspen. i appreciate it. thanks. >> thank you. >> all right, we have got much more to come tonight . we have a hugely busy week this week with all sorts of stuff screwing up my calendar and yours. we're going to talk about that coming up. stay with us. p. stay with us. she runs and plays like

bill ackman from harvard, he with drew after the claudine gay scandal he donated massive chunk.om disaffected liberal millionaires. larry: something going on here. monica, the other point is, if you're a small donor, and a new contributor, a lot of people think that means these people are going to vote. in other words, it is not like, rich guy might give 100 grand. don't know if they're on vacation, but if small donors, 25, 50 bucks means a lot, they are going to actually vote. in some ways this is a voting poll as well as a donor poll. >> yeah. you know there is scripture about the impoverished little old woman who puts one penny in the pot. scripture talks about how that means even more than therson whe because they don't feel it where she does, that's what is so critical about this.these people donating the first time are doing it and now they have skin in the game. so they have literally made an investment in donald trump and his campaign and that is more likely to translate into them actually getting out to vote. there is one other point -- larry: you never quoted scripture

but your hedge fund manager bill ackman also joined the chorus of critics condemning trump after januaryof the right he publicly called for trump to resign. but now he is signaling he is back on the trump train after initially backing rfk jr. and then nikki haley that is according to a source who spoke with cnbc the ex-president has a piano who called him the l word. ken griffin talking to bloomberg about how trump killed off a red wave in the 2022 middle -- midterms. >> it's time the country moves forward. i like to think the republican party is ready to move on from somebody who's been for this party a three-time loser. >> you guessed it. griffin is now praising the three-time loser as someone who will improve america's standing in the world. and last but not least, we have point bridge capital founder and gop mega donor emma howell lambert, who last summer was making the case for ron desantis . screaming he is a candidate that can win those swing states and i just don't simply think president trump can do it. >> and wants desantis campaign crashed and burned in spectacular fashion, la

he is, whether you're talking about sheldon adelson's widow or nelson peltz or john paulson or bill ackmaneadline. they know that they are the group of people, the quote/unquote, ruling class whose affirmation, whose support he's always been desperate for. standing with donald trump now, what does that give you? a free pass, a get out of jail free card when and if he's the next president. here's what's important for us to clarify. now, lots of them are saying things like it's immigration that matters to me most. it's inflation. it's israel. well, let's break that down. if it's immigration, president biden tried to pass bipartisan, bipartisan bill that mostly republicans put together, and it was donald trump who blocked it. joe biden said yesterday, he's planning to make a move to shut down the border. president trump -- former president trump isn't doing that. if it's inflation, which is a problem, donald trump has not offered one single policy solution that would curb inflation. and last thing, if it's israel, last i checked, globalists which trump campaign has talked about over and over

. >> steve: or bill ackman who support wanted the other guy last time didn't like donald trump now isall in on trump. >> ainsley: wasn't he at that summit that tim scott hosted in washington. >> steve: just a couple days ago. >> brian: few things going on. number one july 11th. we will find out the sentencing. and perfect world in the traditional campaign, when both candidates are not under house arrest or maybe in jail, they would be a lot of responsibility for the number two. what if the number one has to stay at mar-a-lago? what if he has weekend house arrest? a lot on july 11th. when it comes to joe biden. they have something that is poll tested and focus group driven, and they say they are going to keep saying do donald trump wore than ever. snapped on january 6th and will destroy the country. dictator. >> lawrence: that's the goal. >> brian: worse than ever. and rehighlighting how is he failed president. when you look at both presidencies on almost every poll. trumped is looked at more favorable than biden. thieves are why these guys are getting their millions of dollars. number

elon musk, steve schwartzman from blackstone, nelson peltz, david sachs, janet petit, bill ackman, ken vice president pick will be. if he likes it he will throw in for trump, that has to cause serious heartburn for the biden administration. >> not just billionaires who have money which of course is a big problem when you're trying to get money, especially campaign come august october november, those last-minute you want to get to the voters, talking about issues coming up that are going to turn people's votes at the very last minute, but it is the audiences that actually bring with them. david sachs, for example, this week came out saying i have contrasted trump's record and biden's record, right next to each other, and things were better under donald trump and they come from an atypical, nonpolitical background of people that aren't necessarily fitting into the republican column or the democratic column, at a time when independent voters take up a significant portion of the electorate and they are looking at very specific issues when it comes to the economy, freedom on financial regul

that have all ofe these constituents, but this small wall street universe, the nelson peltz, the bill ackmans,l they're putting on the trump show because they would love tot have his kind of power and in se their back pocket if he were to win. p >> and the problem with that form of corruption is you may p get what you want when you've thrown the last fundraiser, when you've given him the last million, but then somebody else comes along and gives him two million or does a bigger fundraiser for him, and becaused it's totally transactional, you have no legitimate principled buy-in on anything. it's just who is willing to pay for it. most recently and in largest, to the largest effect. that's why the rule of law usual slay better idea for the he business world than the law of rulers. certainly in the medium term and certainly in the long-term. steph ruhle, thank you so much. i know i'm messing up your show. thank you for joining me from aspen. thanks. >> thank you. >>> we've got much more to come tonight. we have a hugely busy week this week with all sorts of stuff screwing up my calendar and my

steve schwarzman came back, bill ackman, others talking about trump.e's a famous russian movie about a businessman who gets pulled down by a local, and a lot of the business community are keeping they could come for me one day and people are upset about this verdict. and i think it's galvanizing the base and bringing new people in. as you and i were just talking about, if you had a model and i think the democrats probably had a model that if we indict him, donald trump will go down in the polls, 0.8%, if there's a conviction then he'll go down 2.5. well, the model's blown up in their face. every time he's been indicted his popularity goes up, the fund raising goes up and i you tell you, it was a blow-out fund raising after the verdict. maria: you think because people think it's a sham? >> well, i think people are very uncomfortable with the way this was handled and it could happen to any of us. maria: let me ask you about the global economy and certainly trump has had great relations with other leaders across the world. we're waiting this morning for t

who have all of these constituents, but this small wall street universe, the nelson pelt, the bill ackmans of the world. they're putting on the trump show because they would love to have his kind of power and him in their back pocket if he were to win. >> and the problem with a transactional leader like that, with that form of corruption, is that, yeah, you may get what you want when you've thrown the last fundraiser, when you've given him the last million dollars, but then somebody else comes along, gives him $2 million or does a bigger fundraiser for him, and because it's totally transactional, you have no legitimate principle buy-in on anything. it's just who's willing to pay for it most recently and in largest -- to the largest effect. that's why the rule of law usually is a better idea for the business world than the law of rulers, certainly in the medium term and certainly in the long term. steph rhule, thanks so much, i know i'm screwing your show up. i appreciate it, my friend. >>> much more to come tonight. we've got a hugely busy week this week with all sorts of stuff screwing up

you think somebody a year and a half ago said, what does bill ackman think about anything -- nothing.diction is real. they are all addicted to dealmaking. >> this is part of capitalism, that people who succeeded the most and capitalism must be the most intelligent people in the country. trump succeeded in capitalism. >> he did not. >> he did. he took a big chunk of money from his dad. but we think of him -- he is so dumb. he is proof that you can be wealthy and dumb at the same time. >> is also not a successful business person. >>> when we return, fans love her, but caitlin clark is getting a mixed welcome. why one foul has people talking. the 11th hour and the nightcap. thank you now, save 40% on the sleep number special edition smart bed. plus, free home delivery when you add an adjustable base. shop now at sleepnumber.com what is cirkul? cirkul is the fuel you need to take flight. cirkul is the energy that gets you to the next level. cirkul is what you hope for when life tosses lemons your way. cirkul, available at walmart and drinkcirkul.com. ♪we can secure our world.♪ ♪watch out

mark rowan, bill ackman who is not quite on the trump train yet but might be.nd venture capitalist mark van dreeben. what i would like to do and what is the most valuable they don't just show up and drink wine. they talk. they can talk what can make this better? what is the crypto policy for a 78-year-old who made his money in real estate? who knows how much he knows about crypto so let's learn. who knows what tax policy is working? why haven't more companies come back after the tax plan? were they coming back until the transition in power? that's what they say trump does best. he brings these people together and he listens to the issues like what happened in silicon valley. now, for senator j.d. vance, is he also extremely well-connected, and he talked about the president's preparation for the debate. very different from traditional ways of precinct. >> again, i think if you sort of talk to him, is he really worried about the number of illegal immigrants that have come to this country. is he really worried about inflation. is he really worried about the fact t

you have bill ackman, you have mega-donors,.itional republicans going, what's going on in new york? this is not an appropriate use of the justice department. and now here's trump the saying i think we're arriving at an inflection point. if you think putting me in jail is something the public will withstand, you will arrive at the point of no more from the public. rachel: yeah. here he is. >> these are bad people. these people are sick. and they do things that are so destructive. i mean, look what they did from the day i got there, and i don't know, you know, a lot of people said we have no choice but to elect trump, republicans, because the only one that can withstand this. don't ferret, if it weren't me, they'd be going after somebody else. and i know a lot of the competition, they wouldn't do so well. [laughter] they'd be saying, mommy, take me home, i want to go home. [laughter] this is brutal. but these are sick people. and, for instance, the 5 5 intelligence -- 55 -- 511 intelligence agents. it was before the election. pete

do you think somebody a year and a half ago said what would bill ackman think about anything other thanhen asked. >> but now he is posting tweets. >> you become a twitter personality. the adrenaline addiction is real. they are all addicted to dealmaking, and now they have become business celebrities. >> this is a part of capitalism. the people who succeeded the most capitalism must be the most intelligent people in the country. trump succeeded in capitalism. he did. he took a big chunk of money from his dad and made it. we think of him, he is so dumb. he is proof that you can be wealthy and dumb at the same time. >> is also not a successful business person. everyone is staying right here. when he returned, fans love her. but caitlin clark is getting a mixed welcome from the players in her first year of going pro. why one foul has people talking when the 11th hour and the nightcap continues. ." memory loss is, is not something that occurs overnight. i started noticing subtle lapses in memory. i want people to know that prevagen has worked for me. it's helped my memory. it's helped my cog

he has been getting more support from the business community, folks like steven schwartzman, bill ackmant from big publicly traded ceos. had is ceos who have a lot of shareholders, a big consumer-facing presence, and a boss so to speak in the public markets. those types. ceos have been -- those types of ceos have been reluck ctant to embrace trump after the racist march in charlotte. a lot of ceos walked away from trump's ceo advisory counsel vernon hills then, have not come -- councils then, have not come back. this is a time for donald trump to reel some folks back in. we'll see whether he makes the most of that or whether this turns into an opportunity for donald trump to lecture those ceos which i think would play less well with some of the executives in the room there. >> do we know if -- the business roundtable invited him to be a speaker? do -- >> they did. they invited both candidates. >> that is telling. >> they invested president biden, as well. biden is at the g7 in italy, unable to attend. he's sending jeff zienz, a staffer, to brief those folks. we believe that happened earl

he and bill ackman. carl icahn. >> you figured out a way to do this.amestop is the vehicle, but no one thinks gamestop fortunes have changed. >> of course not. >> they have gotten worse. >> that is why we have the question how this is happening. how is this happening? >> wall street bets pointed out roaring kitty added a disclaimer to the live stream. >> he now has enough money to have a lawyer. >> this is for entertainment purposes. you shouldn't be taking investment advice from this. positions can change quickly. past performance is no indication of future earnings. >> he got a lawyer finally. >> i don't think that's the question of how is this happening. it's already happened. it is. it's there. it's done. >> it doesn't explain all the other people that have to be doing it. he can't be moving the market himself. >> he has a following. >> say something controversial about him or what he is doing and see if he has many followers and i'll give him your twitter account. >> come at me. @arsorkin. >> look at this. 1.4 million twitter. 794,000 youtube subs

. >>> bill ackman worth8 billion.0% stake in pershing square for $1 billion and that value's his stake at more which is up to the$8 billi. he ranks 443 in the world rankings. >>> a technical issue yesterday caused the class a shares of berkshire hathaway to appear to be down nearly 100% on the new york stock exchange for most of the morning trading period. trading was halted in those shares as well as barrett gold. all of those appeared to show dramatic drops in the stock prices. the nyse said the problem stemmed from the price bans published from the cta which is used by major exchanges to jointly provide real-time stock quotes. the cta said 40 stocks were affected. the nyse said at 11:45 a.m. eastern time the issue had been resolved and trading was back to no normal. it said it would cancel erroneous trades including berkshire hathaway. >>> when we come back, the new fortune 500 list is out this morning. the magazine's editor in chief will join us next with the biggest changes from last year. >>> reminder for you, y

. >>> a news alert for you, bill ackman's pershing square capital is selling a 10% stake for $1.05 billionuding arch capital. btg pactual and consulta limited and establishing an independent board of directors. >>> as americans look to get away this summer, there are concerns that higher prices could impact consumers making travel plans, with more than 30 brands in the portfolio at marriott, there's no one better to ask about this year's summer travel trends than our next guest marriott president and ceo tony capuano. >> thanks for having me. >> is it a good environment for you? >> it's a great zblieenvironmen >> for us inflation is a double-edged sword. hotel rates contribute to inflation. as you know, through the recovery the pricing power we've seen has been pretty remarkable. the flip side of that is as consumers feel pressured by the impacts of inflation, they get a little more cautious in terms of their spending. >> you know, i don't like to admit that i like luxury brands, but god, i love luxury brands, and you have a lot -- >> we do. >> you have quite a few. is it bifurcated now? i

many of the people that have been leading the battle to erase dei or stop dei, stephen miller, bill ackmane ceos reacting to that? they're getting pressure from civil rights groups like mine that they can't back out of dei. on the other hand, trump has been anti-dei. his supreme court went against affirmative action. how do they mitigate this or is that part of why they're staying silent? one of the issues they don't want to get in the middle of is dei. >> that's a fantastic question because it's really nuanced how they handle it. we at the university similarly have had our hands flapped trying to figure out how to navigate that space. these ceos know what the right thing is to do. they want to weave the tapestry of society together, make itegeual. they worry about some of the language from time to time, so they try to weave around the language. but these ceos are not xenophobic. immigration issues, and they're not protectionists or isolationists either. they believe in the rule of law and not the law of rulers and they're trying to find a way to make this work. what they would like to fin