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Jul 21, 2019
07/19
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BLOOMBERG
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♪ david: you have been the ceo of uber for how long now? dara: two years. david: two years? you enjoy it? dara: i love it. david: when you came in, the company was not a public company. you have taken it public, and you have received a lot of publicity about the ipo. obviously you know that. the company now has a higher market capitalization, roughly $72 billion. something like that. higher market capitalization than any company in american capitalism history, except for facebook, this short a time after its ipo. why are so many people criticizing you for having a $72 billion market cap? dara: [laughter] i think there are many critics out there, especially for a large company. that is a fact of life. i think what is different about some of the technology companies of our generation that are coming public, the so-called unicorns, is that we have stayed private for longer. and we have raised more money over a longer period of time. and as a result, when we come public, we generally have bigger scale than companies who went public, let's say, the last generation of companies th
♪ david: you have been the ceo of uber for how long now? dara: two years. david: two years? you enjoy it? dara: i love it. david: when you came in, the company was not a public company. you have taken it public, and you have received a lot of publicity about the ipo. obviously you know that. the company now has a higher market capitalization, roughly $72 billion. something like that. higher market capitalization than any company in american capitalism history, except for facebook, this short...
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Jul 20, 2019
07/19
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BLOOMBERG
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eye 40
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david: you became the ceo of expedia. dara: i did, yes. david: did you have experience? did he think you would be good at being ceo? dara: he was desperate. we were in a situation where one of the founders of expedia who was running it decided -- this stuff happens naturally -- founding a company, building a company is different from managing it. and moving it into a mature state. this person decided, i am not up for the ceo gig anymore. can you find a replacement? david: you were not the first choice? dara: i have no idea, i never asked him. i raised my hand and he said yes. david: the board gave you stock options worth $180 million. dara: i guess they did based on theoretical value. david: and then all of a sudden, while you are doing a good job, somebody asked you to interview for the job of being the ceo of uber. is that right? dara: yeah. david: did you say, i already have a job? dara: at first when i got called, i said, no way. i talked to a couple of friends. you don't get too many chances as a professional or otherwise to work at and especially lead a company tha
david: you became the ceo of expedia. dara: i did, yes. david: did you have experience? did he think you would be good at being ceo? dara: he was desperate. we were in a situation where one of the founders of expedia who was running it decided -- this stuff happens naturally -- founding a company, building a company is different from managing it. and moving it into a mature state. this person decided, i am not up for the ceo gig anymore. can you find a replacement? david: you were not the first...
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david: yeah.an refuse advertising. dr. mark siegel, patients asking about the snake oil cures? >> all the time. david: really? >> i'm of two mind of this. susan gave a great intro to this. i am of two minds. if facebook does this, you know, professionally, it is going to cut down on snake oil sales. it will cut down on anti-vacsers. that led to the measles outbreak this year. but i'm for it, but it's a slippery slope, david. what happens when the government get involved and overpolice something? to susan's report does facebook know what is snake oil and isn't? i know, not just me, doctors like me, patients come to me all day long with a long list but i really want facebook deciding what is a quack cure or isn't or youtube? sometimes today's alternative treatment is tomorrow's cure. if it was just for information gathering. i like -- david: take other side of that for a second here because you and i both, we talked about this before off camera. we know people who get side tracked from real treatmen
david: yeah.an refuse advertising. dr. mark siegel, patients asking about the snake oil cures? >> all the time. david: really? >> i'm of two mind of this. susan gave a great intro to this. i am of two minds. if facebook does this, you know, professionally, it is going to cut down on snake oil sales. it will cut down on anti-vacsers. that led to the measles outbreak this year. but i'm for it, but it's a slippery slope, david. what happens when the government get involved and...
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Jul 6, 2019
07/19
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BLOOMBERG
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eye 39
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david: ok. gen.meone in the room has got to say, at the beginning of every conversation and at the end, is this good for america? ♪ ♪ david: so let's go forward now to chief of staff. so you are the chief of staff, sounds like a good title. everyone in the government is responsive to you. you can call any cabinet secretary and tell them what to do. is that the way it works? gen. kelly: i would suggest. they are cabinet members. the president puts out, as you know, whether it's tweets or his time with the press, and he does a lot of discussion with the press, he puts out his feelings on different things. more often than not, i would get calls from the cabinet people saying, i heard him say this. is that a change? should we react to it? so the president is never hesitant to pick up the phone and talk to his own cabinet members. david: ok. did you say to the president, maybe the tweets are too much to keep up with? or maybe you should not tweet as much? gen. kelly: never did. the president feels very, v
david: ok. gen.meone in the room has got to say, at the beginning of every conversation and at the end, is this good for america? ♪ ♪ david: so let's go forward now to chief of staff. so you are the chief of staff, sounds like a good title. everyone in the government is responsive to you. you can call any cabinet secretary and tell them what to do. is that the way it works? gen. kelly: i would suggest. they are cabinet members. the president puts out, as you know, whether it's tweets or his...
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Jul 5, 2019
07/19
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BLOOMBERG
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david: paris or london? gen. kelly: none of that. david: you have three children.ou fathered three children. your oldest son is in the military still. gen. kelly: a lieutenant colonel in the marine corps. recently promoted. just back from his -- one of his tours in iraq. david: you have a daughter. what is she doing? gen. kelly: she was with the fbi. prior to that, she worked with the wounded men and women coming back from the wars. bethesda naval hospital. and then, she went into the fbi. she was with the hostage rescue team. she was one of the support people for several years. david: you had another son who lost his life in military combat. gen. kelly: he started off as an enlisted marine. he became a second lieutenant and was killed in afghanistan. david: did you and your wife say, having two sons in the marines was an awful sacrifice for any family? gen. kelly: it's our way of life. it may sound strange, but it's a way of life. they make their own decisions. david: what would you say is the best training to be chief of staff of the white house, particularly wit
david: paris or london? gen. kelly: none of that. david: you have three children.ou fathered three children. your oldest son is in the military still. gen. kelly: a lieutenant colonel in the marine corps. recently promoted. just back from his -- one of his tours in iraq. david: you have a daughter. what is she doing? gen. kelly: she was with the fbi. prior to that, she worked with the wounded men and women coming back from the wars. bethesda naval hospital. and then, she went into the fbi. she...
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Jul 12, 2019
07/19
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BLOOMBERG
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david: do you enjoy it? dara: i love it. david: the company was not a public company. you have taken it public. you received a lot of publicity about the ipo. the company has a higher market capitalization, roughly $72 billion. higher market capitalization than any company in american capitalism history except for facebook, this short a time after the ipo. why are so many people criticizing you for having a $72 billion market cap? dara: i think there are many critics for a large company. that is a fact of life. what is different about some of the companies of our generation that are coming public, the so-called unicorns, we have stayed private for longer. we have raised more money over a longer time. when we come public, we have bigger scale than companies that went public, the last generation of companies. my view is, we wanted to go public. we needed to make sure we are well-capitalized for the next five years and we achieved that. now the time is to put your head down and get the real work done. david: after the company did go public, it did go down by about 11% whi
david: do you enjoy it? dara: i love it. david: the company was not a public company. you have taken it public. you received a lot of publicity about the ipo. the company has a higher market capitalization, roughly $72 billion. higher market capitalization than any company in american capitalism history except for facebook, this short a time after the ipo. why are so many people criticizing you for having a $72 billion market cap? dara: i think there are many critics for a large company. that...
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Jul 13, 2019
07/19
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BLOOMBERG
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david: how many cities? dara: eats is in 500 cities. david: what is the most popular food? dara: fried chicken is magic. [laughter] david: how do you keep the grease from kind of going through? dara: david, i'm covering that in my next monthly business review. i have not gotten to fried chicken grease yet. david: that is the most popular. a lot of people in the company own more stock than you. you are the ceo. do you think you are underpaid? was that a problem for you? dara: i would never claim that i am underpaid. ♪ david: let's talk about some of your other businesses. you have your scooter business and electric bike business. the scooter business is all over the united states, around the world or? dara: it is in about 25 cities. expanding mostly in the u.s. but in europe as well. david: you have one that is manufactured for you? is it different from scooters other companies use? dara: we are building one that is manufactured for us. the bike is manufactured by sn designed by us, totally proprietary. david: some people say they are dangerous. what do you say about that? d
david: how many cities? dara: eats is in 500 cities. david: what is the most popular food? dara: fried chicken is magic. [laughter] david: how do you keep the grease from kind of going through? dara: david, i'm covering that in my next monthly business review. i have not gotten to fried chicken grease yet. david: that is the most popular. a lot of people in the company own more stock than you. you are the ceo. do you think you are underpaid? was that a problem for you? dara: i would never claim...
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david: this is david versus goliath. of course, in the bible, david won. in reality it's unlikely hong kong can stand up to china, is it? >> you never know, david. that's a very long question because essentially what you've got, people in hong kong have made a decision that they want to protect themselves, and china looks a little iffy right now. you just never, never know. david: well, this brings up the china talks because this seems to make the chinese even more desperate, what's happening in hong kong, for a deal with the united states. >> yes. first numbers for june are really bad in the manufacturing sector. david: they are in contraction, are they not? >> i think they could very well be in contraction, especially because may was a really bad month. you had, for instance, imports down 8.5%, showing very soft demand. the consumer numbers really showed contraction. right now, china as a whole, maybe 0% growth, if they're lucky, it's 1%. david: they are desperate. that's why they're anxious for some kind of deal with the united states. we saw some conce
david: this is david versus goliath. of course, in the bible, david won. in reality it's unlikely hong kong can stand up to china, is it? >> you never know, david. that's a very long question because essentially what you've got, people in hong kong have made a decision that they want to protect themselves, and china looks a little iffy right now. you just never, never know. david: well, this brings up the china talks because this seems to make the chinese even more desperate, what's...
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Jul 12, 2019
07/19
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FBC
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back to you, david. david: edward lawrence, thank you very much joining me is congressman andy biggs of arizona co-chair of the border security caucus. congressman bigs also serves in the house judiciary committee and is a member of the house freedom caucus so congressman, the president is making lemonade out of lemons, ha? >> yeah, he's been forced, his hand has been forced repeatedly by the courts, by our democrat friends who really don't want to know how many illegal aliens are in the country. he's taking an approach that's been used in the past or tested in the past. i hope it's successful. i'm just dog on tired of the courts making rulings that i think are designed to hinder this administration rather than to apply constitutional law. david: well these are to your point, precisely, the attorney general commented on that earlier today, when they announced the decision in the rose garden at the white house. let's just play that sound bite and get your response. >> as a practical matter, the supreme co
back to you, david. david: edward lawrence, thank you very much joining me is congressman andy biggs of arizona co-chair of the border security caucus. congressman bigs also serves in the house judiciary committee and is a member of the house freedom caucus so congressman, the president is making lemonade out of lemons, ha? >> yeah, he's been forced, his hand has been forced repeatedly by the courts, by our democrat friends who really don't want to know how many illegal aliens are in the...
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Jul 28, 2019
07/19
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BLOOMBERG
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david: how has humor changed? are people laughing at the same things or are there certain things you can make fun of now and couldn't? lorne: there is almost nothing i did in the 1970's i could do now. david: are you ever worried there is a guest host not up to the task? lorne: yeah. david: how do you coach them to be ready? lorne: you can get almost anyone through it. david: what does it take to be a leader? lorne: if you are in power, everyone knows you're in a power, so don't ever have to explain you're in power. >> would you fix your tie, please? david: people wouldn't recognize me, but ok. just leave it this way? all right. ♪ david: i don't consider myself a journalist. nobody else would consider myself a journalist. i began to take on the life of being an interviewer even though i have a day job of running a private equity firm. how do you define leadership? what is it that makes somebody tick? did you think at the beginning that you were going to change television history and the history of comedy when you
david: how has humor changed? are people laughing at the same things or are there certain things you can make fun of now and couldn't? lorne: there is almost nothing i did in the 1970's i could do now. david: are you ever worried there is a guest host not up to the task? lorne: yeah. david: how do you coach them to be ready? lorne: you can get almost anyone through it. david: what does it take to be a leader? lorne: if you are in power, everyone knows you're in a power, so don't ever have to...
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Jul 24, 2019
07/19
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BLOOMBERG
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david: this is "balance of power." i'm david westin.loomberg first word news, we go to mark crumpton in new york. mark: pretense new prime minister boris johnson is about -- vowing the u.k. will leave the eu on october 31 "no if's, and's or buts." in his first speech, prime minister johnson tried to persuade the public to back him, saying the time has come to act on the nation's departure from the european union. >> though i am today building a great team of men and women, i will take personal responsibility for the change i want to see. never mind the backstop, the buck stops here. mark: as she left the house of commerce chambers, theresa may was given a standing ovation by conservative lawmakers, many of whom helped bring her down by rejecting her brexit deal. after saying goodbye to the downing street staff, may stood outside the prime minister's residence and spoke publicly for the last time as britain's leader saying the job has been her greatest honor. former special counsel robert mueller dismisses president trump's claim that hi
david: this is "balance of power." i'm david westin.loomberg first word news, we go to mark crumpton in new york. mark: pretense new prime minister boris johnson is about -- vowing the u.k. will leave the eu on october 31 "no if's, and's or buts." in his first speech, prime minister johnson tried to persuade the public to back him, saying the time has come to act on the nation's departure from the european union. >> though i am today building a great team of men and...
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i'm david asman. joining me on the panel today carol roth, jonathan hoenig, john burnett and jonas max ferris. let's go one-on-one with the white house director of trade and manufacturing policy and assistant to the president, peter navarro. congrats first of all. you heard the president say the fed really doesn't know what it is doing. what should the fed be doing? >> let's talk about those numbers first. david: all right. >> they are beautiful. 224,000 jobs. guess what? construction and manufacturing added up to almost 40,000 of those. and as the director of the office of trade manufacturing, i just love it when we get more manufacturing jobs. we're up to over a half a million new manufacturing jobs since president donald trump took office. and that compares with a loss of almost 200,000 manufacturing jobs in the o-biden administration. the other thing i love -- david: i'm laughing at your reference to the o-biden administration. go ahead. >> back through the campaign, when hillary was talking about
i'm david asman. joining me on the panel today carol roth, jonathan hoenig, john burnett and jonas max ferris. let's go one-on-one with the white house director of trade and manufacturing policy and assistant to the president, peter navarro. congrats first of all. you heard the president say the fed really doesn't know what it is doing. what should the fed be doing? >> let's talk about those numbers first. david: all right. >> they are beautiful. 224,000 jobs. guess what?...
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Jul 11, 2019
07/19
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FBC
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david: congressman mark green, thank you so much. >> thank you, david. david: huge day on wall street, with all three major indices reaching record highs, the dow gained 77. nasdaq up 61, and s&p 99e aheady 13, previously eclipsing 3000 points for first time ever, u.s. stocks gained 125 billion dollars in market value for one day. putting total gains since election day at 9.9 trillion dollars. since election day, 2016, nasdaq up 58%. dow up more than 46%. and s&p is up 40%. >> coming up next, a new pro file of ilhan omar eposing how read radical freshman congresswoman wants that change america. >> terrifying video of a plane engine falling apart midflight. we talk all that up and more after a david: major legal victory today for president trump, federal appeals court dismissing maryland and district of columbia la lawsuit that presidt is profiting from foreign visitors staying in the trump hotels. -- president trump tweeted: >> more hypocrisy from not so middle class joe. >> imagine, what we could do, we don't have to hurt anyone by eliminating, we don't
david: congressman mark green, thank you so much. >> thank you, david. david: huge day on wall street, with all three major indices reaching record highs, the dow gained 77. nasdaq up 61, and s&p 99e aheady 13, previously eclipsing 3000 points for first time ever, u.s. stocks gained 125 billion dollars in market value for one day. putting total gains since election day at 9.9 trillion dollars. since election day, 2016, nasdaq up 58%. dow up more than 46%. and s&p is up 40%....
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david asman in for stuart. david, take it away. david: i got to second the emotion of charles payne on this market and what's happening with the economy. i think it's great news. thank you, charles. thank you, deirdre. good stuff. >>> good morning, everyone. i'm david asman in for stuart. good news, he's back next week. here's the big story of the day. a big happy surprise jobs report. 224,000 jobs added in june. the bean counters only expected 160,000. wages were up 3.1% over the last 12 months. that is one tick less than expected but still very positive. 335,000 people re-entering the work force, that is why the unemployment rate actually ticked up. check market futures, they are heading lower this morning. a lot of that of course has to do with the fed. that's after the markets hit record highs on thursday -- on wednesday, forgive me, before the july 4th break. and the dow, nasdaq and s&p 500 all in uncharted territory, still close to record highs despite looking down in the futures. >>> president trump's salute to america speec
david asman in for stuart. david, take it away. david: i got to second the emotion of charles payne on this market and what's happening with the economy. i think it's great news. thank you, charles. thank you, deirdre. good stuff. >>> good morning, everyone. i'm david asman in for stuart. good news, he's back next week. here's the big story of the day. a big happy surprise jobs report. 224,000 jobs added in june. the bean counters only expected 160,000. wages were up 3.1% over the last...
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Jul 27, 2019
07/19
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FBC
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david: nothing, zip, zero. a huge win for president trump as the supreme court clears the way for the trump administration to use military fund for a border wall. we have the late-breaking details on that. here is something you don't see he day. a raw chicken coming back to life. trish regan primetime begins right now. i'm david asman in for trish regan. house democrats filing an application in court to open ebb more investigations into president trump. democrats are not letting go. in fact they are doubling down. house judiciary chairmanniery nadler says the democrats need to see the russia probe's grand jury material and that could lead to impeachment. >> the house of representatives is the only institution of the federal government to hold president trump accountable for these actions. to do so we must have access to all the record. to a recommendation of articles of impeachment. david: nancy pelosi for her part seems sceptical and promises democrats won't move forward without a solid case. >> we will procee
david: nothing, zip, zero. a huge win for president trump as the supreme court clears the way for the trump administration to use military fund for a border wall. we have the late-breaking details on that. here is something you don't see he day. a raw chicken coming back to life. trish regan primetime begins right now. i'm david asman in for trish regan. house democrats filing an application in court to open ebb more investigations into president trump. democrats are not letting go. in fact...
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Jul 28, 2019
07/19
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BLOOMBERG
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david: you grew up in toronto?id you grow up and say i want to be a lawyer or doctor, like all nice, young jewish boys? lorne: no, i think it was my grandparents owned a movie theater, and i think from an early age, if asked in like the third grade what i wanted to do, i probably would have said lawyer because that is what you said or something like that, but i would have wanted to be in the movies. david: at one point, did you say i want to make my career in canada or the big-time is in the united states? lorne: i felt that the time -- 1967 was the 100th birthday of canada, the centennial. there was a new spirit in the country and i thought i would be perfectly happy to be here the rest of my life. and then got an opportunity to do a show in california called "the beautiful phyllis diller show." a variety show. i was working with a partner, and we would write and perform and wrote some stand-up for various -- woody allen, joan rivers, not that we influenced their careers, but we had had enough experience and we pe
david: you grew up in toronto?id you grow up and say i want to be a lawyer or doctor, like all nice, young jewish boys? lorne: no, i think it was my grandparents owned a movie theater, and i think from an early age, if asked in like the third grade what i wanted to do, i probably would have said lawyer because that is what you said or something like that, but i would have wanted to be in the movies. david: at one point, did you say i want to make my career in canada or the big-time is in the...
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Jul 10, 2019
07/19
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CNBC
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rachel: this is david. david: hi. i'm david. hello. athena: hi, david.e was to have athena take rachel through the commercial baking process, for her to see the efficiency and how the cost could be lower. but instead of rachel having an open mind and learning... rachel: i use fresh eggs, so i don't know if you -- athena: eggs come pasteurized in boxes. rachel: oh, oh, no. so, we use the fresh, and we have a machine that cracks them all. lemonis: ...she's arguing about the eggs... rachel: i have tried those eggs, and they don't taste as good. athena: no one will taste the difference. rachel: all right. we'll see. we'll see. lemonis: ...and the butter... rachel: i use salted butter, by the way. athena: you do salted butter? we're gonna get rid of that. rachel: no, it makes it so good, i'm telling you. athena: but you don't want to add that to -- you can control it. rachel: i know! i add it, too. i add salt, too. lemonis: ...which doesn't sound very constructive to me. athena: we're gonna do two versions of this. lemonis: we're gonna do her version and your
rachel: this is david. david: hi. i'm david. hello. athena: hi, david.e was to have athena take rachel through the commercial baking process, for her to see the efficiency and how the cost could be lower. but instead of rachel having an open mind and learning... rachel: i use fresh eggs, so i don't know if you -- athena: eggs come pasteurized in boxes. rachel: oh, oh, no. so, we use the fresh, and we have a machine that cracks them all. lemonis: ...she's arguing about the eggs... rachel: i have...
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Jul 31, 2019
07/19
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BLOOMBERG
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david?avid: the administration continues to work on a trade deal with china, but in the meantime its deal with canada and mexico still sits in congress. we welcome marc short. marc: thanks for having me back. david: give us a peek at your game plan. when congress gets back in session, how do you get this through congress? ambassador lighthizer has believe in the administration on capitol hill, and he has had a large number of productive conversations with democrats. the challenge is house democrats . if you look at the vice president's travel and the case he is making across the country, in many cases to democrat districts, reminding constituents this is a better deal and they need to get their congressman to weigh in. speaker pelosi holds the keys to the kingdom. it is up to her when she wants to bring up a vote. we believe the votes are there to pass it. the question is will she do it. there are a lot of democrats who are in districts that benefit from this. it is not the chairman of the a
david?avid: the administration continues to work on a trade deal with china, but in the meantime its deal with canada and mexico still sits in congress. we welcome marc short. marc: thanks for having me back. david: give us a peek at your game plan. when congress gets back in session, how do you get this through congress? ambassador lighthizer has believe in the administration on capitol hill, and he has had a large number of productive conversations with democrats. the challenge is house...
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Jul 17, 2019
07/19
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BLOOMBERG
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david: a huge amount. alix: that's amazing. david: it cyber and compliance.trying to transfer about $160 billion from deutsche bank for the hedge fund brokerage unit. what are the problems? >> they are hitting some roadblocks because many of the clients of deutsche bank holding $1are billion a day to go elsewhere. that's putting pressure on deutsche bank to transfer not just the balance, but also the technology and supposedly potentially staff as well. according to people familiar with the matter will be sitting down with u.s. hedge fund to convince them to stay. they did this last week in europe. clearly an issue if you're trying to transfer balances. slowly -- day you are david: there is always difficulties you don't anticipate. let's turn to brain surgery. no, we are moving, let's go. >> easy enough. troy: what about brain surgery -- david: what about brain surgery and elon musk? >> this is unbelievable. they have been pretty secretive up until now. ony have mostly been working rats. they are not working on humans. they did issue a research paper saying th
david: a huge amount. alix: that's amazing. david: it cyber and compliance.trying to transfer about $160 billion from deutsche bank for the hedge fund brokerage unit. what are the problems? >> they are hitting some roadblocks because many of the clients of deutsche bank holding $1are billion a day to go elsewhere. that's putting pressure on deutsche bank to transfer not just the balance, but also the technology and supposedly potentially staff as well. according to people familiar with...
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Jul 31, 2019
07/19
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BLOOMBERG
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eye 93
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david: it's funny.wo years ago, they said this was a big issue we are going to have to pay attention to. if they don't get a deal, we are going to have affected aircraft. 500 to many pilots and 202 many cabin crew? 200 too lot -- and many cabin crew? that's a lot. but you have to give him credit, he's getting a 50% pay cut. so it's not just the troops. alix: that's fair. david: let's turn now back to the big story of the day, the federal reserve. chair jay powell this afternoon it's going to be talking to us about what exactly they did and why they did it. there's a broad consensus that we are going to see a rate cut. they talked about closely monitoring the data last time. that was the june statement that indicated maybe they would be cutting. the month before in may, they talked about patients. the question is, what are they going to talk about this time? closely monitoring or patience? we welcome now lauren goodwin, new york life insurance multi-asset strategist, and kathryn rooney vera, bulltick hea
david: it's funny.wo years ago, they said this was a big issue we are going to have to pay attention to. if they don't get a deal, we are going to have affected aircraft. 500 to many pilots and 202 many cabin crew? 200 too lot -- and many cabin crew? that's a lot. but you have to give him credit, he's getting a 50% pay cut. so it's not just the troops. alix: that's fair. david: let's turn now back to the big story of the day, the federal reserve. chair jay powell this afternoon it's going to be...
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Jul 3, 2019
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david? david: thanks, mark.update on fundraising for candidates, and i campaign says it has raised $24.5 million since entering the race and bernie sanders has been well peted $14 million and buttigieg raised $40 million and that the other end is michael just $2.8o raised million. turning now to another democratic presidential candidate. spent a lifetime in public service. first as a naval officer who went from graduating number two in his class device admiral over 31 years and then he ran for public office. serving the congressional district in pennsylvania for two terms, he leads first global, a promoting stem education in high school. admiral sestak, welcome, good to have you with us. >> good to be back, thanks. you are in the race now, a little late, because of home,al situations back but you are in now. tell us why. admiral sestak: the nation has upen me experience to stop -- stop our retreat from the world. a number of them were just brought up just before you him on. someone who can answer the most deep c
david? david: thanks, mark.update on fundraising for candidates, and i campaign says it has raised $24.5 million since entering the race and bernie sanders has been well peted $14 million and buttigieg raised $40 million and that the other end is michael just $2.8o raised million. turning now to another democratic presidential candidate. spent a lifetime in public service. first as a naval officer who went from graduating number two in his class device admiral over 31 years and then he ran for...
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Jul 9, 2019
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david?avid: jay powell appears before the house banking committee tomorrow followed by the senate on thursday. we welcome one of those will be asking the questions on the senate side, republican senator kevin cramer coming to us from capitol hill. thank you for being with us. sen. cramer: my pleasure. david: let's talk about what you hope to hear from jay powell on thursday and about interest rates. the president has been fairly outspoken saying he thinks interest rates are too high. we will put up a chart we use it bloomberg to indicate where the markets are. it says the markets think there is a 25 point basis cut coming down the pipe soon. what do you think the right answer to where interest rate should be is? sen. cramer: i think the right answer should be an inch -- should be an explanation of why. chairman powell and the fed have a very difficult task. while they are people of opinions, they are independent. the president has one view and obviously the street has a view. everybody likes
david?avid: jay powell appears before the house banking committee tomorrow followed by the senate on thursday. we welcome one of those will be asking the questions on the senate side, republican senator kevin cramer coming to us from capitol hill. thank you for being with us. sen. cramer: my pleasure. david: let's talk about what you hope to hear from jay powell on thursday and about interest rates. the president has been fairly outspoken saying he thinks interest rates are too high. we will...
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Jul 30, 2019
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david w: now to mexico.o's president andres manuel obradorer door -- lopez spoke to blumberg's john micklethwait on monday. obrador: i would like the central bank to work not only on controlling inflation, but for it to be thinking about growth as well. we are talking about what the .entral bank is doing if they are more cautious about inflation, this is not a bad thing. this is not the wrong thing to do. i'm not saying that. but it is important to lower the rate to encourage growth. this is an issue i'm leaving for the central bank to decide because we trust we are not just going to be able to grow, but also to develop. , but development -- only gross, but development. growth, that is what we want to change, and to create new paradigms. growth is creating wealth, but not necessarily distributing wealth. development is growing and distributing wealth. so our administration, our government, what it is now doing better than before is .istributing income ,lthough growth is scarce little growth, there's better d
david w: now to mexico.o's president andres manuel obradorer door -- lopez spoke to blumberg's john micklethwait on monday. obrador: i would like the central bank to work not only on controlling inflation, but for it to be thinking about growth as well. we are talking about what the .entral bank is doing if they are more cautious about inflation, this is not a bad thing. this is not the wrong thing to do. i'm not saying that. but it is important to lower the rate to encourage growth. this is an...
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Jul 10, 2019
07/19
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david. david: thank you very much. >> and breaking, new numbers from department of homeland security, showing illegal immigrant app pen -- apprehensions are dropping in june they dropped for first time in 6 months. acting dhs secretary, claiming that decrease is due to mexico's stepping up enforcement operations, customs and border patrol data, showing ap apprehensions dipping due in part to hot water, but latest numbers show 11% decrease in arrests over the same period of time last year, president's pressure on mexico finally bringing mexican population to realization that cartels and violence they break are only true beneficiaries of illegal immigration. a federal judge in new york overseeing sens census citizensp question has denied the motion to change its legal team, states that administration lacked satisfactory reasons for substitution of counsel. joining me now ed rollins, a lot to chew on. particularly origins of the witch-hunt, you know, you hear the phrase from catherine herridge,
david. david: thank you very much. >> and breaking, new numbers from department of homeland security, showing illegal immigrant app pen -- apprehensions are dropping in june they dropped for first time in 6 months. acting dhs secretary, claiming that decrease is due to mexico's stepping up enforcement operations, customs and border patrol data, showing ap apprehensions dipping due in part to hot water, but latest numbers show 11% decrease in arrests over the same period of time last year,...
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Jul 13, 2019
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david: wow. emotions raw on capitol hill, a day-long hearing on child separation at the border just wrapping up. hillary vaughn has been following it for us from washington. hillary, there have been some very heated exchanges this afternoon. tell us what you've seen. >> very heated, david. also very emotional. alexandria ocasio cortez and congresswoman talib appearing before the committee as witnesses describing first-hand accounts of what they saw down at the border in these detention facilities. they called the conditions inhumane, but even acting -- or former acting i.c.e. director tom homan said that the things he has seen down on the border first-hand haunt him to this day. he still has nightmares about things he has seen. a lot of lawmakers pointed their questions and their anger at homan for what they say is enacting the child separation policy, they blame him for putting it into action. >> you gave her numerous options, but the recommendation was option three, family separation. >> that w
david: wow. emotions raw on capitol hill, a day-long hearing on child separation at the border just wrapping up. hillary vaughn has been following it for us from washington. hillary, there have been some very heated exchanges this afternoon. tell us what you've seen. >> very heated, david. also very emotional. alexandria ocasio cortez and congresswoman talib appearing before the committee as witnesses describing first-hand accounts of what they saw down at the border in these detention...
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Jul 14, 2019
07/19
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david: alex acosta is out.abor secretary stepping down after renewed uproar after the new arrest of sex offender jeffrey epstein. you probably remember acosta offered epstein a guilty plea that was slammed by critics. but president trump is defending acosta in part it appears because the economy is booming. president trump: i know one thing. he did a great job. until this came up there will be was never an ounce of problem with this very good man. >> it would be selfish for me to stay in this position and continue talking about a case that's 12 years old rather than about the amazing economy. david: joining me is steve moore. was acosta becoming a distraction? >> first of all. the guy did a hell of a job. he was a great labor secretary. he got rid of a lot of regulations impeding employment. i don't know all the details about this plea agreement. but he had a tenure at the labor department he can be proud of. i'm proud to have called him a friend and still do. and i think he'll look back on his tenure at the la
david: alex acosta is out.abor secretary stepping down after renewed uproar after the new arrest of sex offender jeffrey epstein. you probably remember acosta offered epstein a guilty plea that was slammed by critics. but president trump is defending acosta in part it appears because the economy is booming. president trump: i know one thing. he did a great job. until this came up there will be was never an ounce of problem with this very good man. >> it would be selfish for me to stay in...
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david: you too.ositives are always under polled that could be above that. >> this is a strong poll for him. what "washington post" did. it talked about all voters not likely voters or registered. you go do register voters, you should do, about 2 or 3 points higher, you go to likely voters, 52 or 53. enough to win, he is in better shape than obama of at-this-point, much better than reagan. he in a very strong position, people getting used to his personality, they may not like it, some do, but they like his policies. david: the economy is speaking for itself, you look at jobs figures, the democrats will try their best to talk down the economy. tom steyer getting in, trying to say that economy is bad, who you bll obelieve them with job numb. >> they are not, the minorities. david: historical highs for groups that are supposed to be base of democratic party. >> they can get jobs, they know they can get jobs that is positive. david: speaks of the base of democratic party who is the base right now? nancy p
david: you too.ositives are always under polled that could be above that. >> this is a strong poll for him. what "washington post" did. it talked about all voters not likely voters or registered. you go do register voters, you should do, about 2 or 3 points higher, you go to likely voters, 52 or 53. enough to win, he is in better shape than obama of at-this-point, much better than reagan. he in a very strong position, people getting used to his personality, they may not like it,...
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david, take it away. david: good morning. i am david asman. stuart is on vacation this week. big corporate story of the morning, nike pulling a usa-themed sneaker just ahead of the july 4th holiday. this after colin kaepernick reportedly told the company it shouldn't sell the flag shoe. he says some people find the early american flag offensive. the news not having a big impact on nike stock this morning. it's going to be -- looks like it's down just a tick when the market opens in 30 minutes. and we are looking at a slightly lower open for the overall markets. trade tensions could be the reason. u.s. is threatening to impose tariffs on $4 billion worth of goods this time from the eu. >>> the big political story of the day, congresswoman alexandria ocasio-cortez going after the border patrol during a visit to a migrant detention facility. wait until you hear the shocking claims she is making about conditions there and you will also hear how border agents are responding. there is a lot going on this morning. "varney & company" starts right now. david: nike pulling a special fo
david, take it away. david: good morning. i am david asman. stuart is on vacation this week. big corporate story of the morning, nike pulling a usa-themed sneaker just ahead of the july 4th holiday. this after colin kaepernick reportedly told the company it shouldn't sell the flag shoe. he says some people find the early american flag offensive. the news not having a big impact on nike stock this morning. it's going to be -- looks like it's down just a tick when the market opens in 30 minutes....
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Jul 8, 2019
07/19
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david?avid: the turkish president over the weekend fired his central banker, saying he was tired of waiting for a rate cut he has been urging for months. here to explain what happened is reva goujon, stretch for vice president for global analysis coming to us from austin, texas. is the president wrong? put aside the independence of central bank. is he wrong on the merits? i will show you what the real rate is for turkey, and it has gone off the chart. reva: it is hard to say whether he is right or wrong. it depends if you are talking to wall street analysts or his inner circle. he believes that higher interest rates produces more inflation. it is an unorthodox philosophy but he is looking to surround himself with like-minded figures who will pursue his policy and his new central bank chief who was the deputy governor to the central bank, his name means "submissive" in turkish. he is expected to be much more deferential to that very unorthodox philosophy, which raises expectations overall for
david?avid: the turkish president over the weekend fired his central banker, saying he was tired of waiting for a rate cut he has been urging for months. here to explain what happened is reva goujon, stretch for vice president for global analysis coming to us from austin, texas. is the president wrong? put aside the independence of central bank. is he wrong on the merits? i will show you what the real rate is for turkey, and it has gone off the chart. reva: it is hard to say whether he is right...