[applause] donald trump: in terms of some of the folks, david gilbert -- where's david? is david around someplace? e roman, chris conner, chris kelley. these people are all here. you don't have to come up and speak. beth mooney. where's brian jack? boy, brian. brian. what a job you did, brian. ok. that's all. now you can leave. go to the next location, brian. go to the next location. and hillary is trying to pick her vice president as fast as possible because she wants to take away a little of the success that we had at this convention. this convention has been a tremendous success. you know people -- if you turn on the television, you turn on some of the dishonest media, you'll see that oh, wow, now this happened and that happened. what happened? you know, somebody got booed the hell out of a place by thousands and thousands of people. there wasn't one person in the room. [applause] not one. and then they said there may not be

but a big windfall was never in the cards according to cleveland host committee ceo david gilbert. >> retirement. >> reporter: he says the committee expects between 200 and 250 million dollars in direct spending. >> we would love for everybody to have a banner week during the convention but it's nothing that we have the ability to control. >> reporter: back at coastal taco, clyde says he wasn't expecting the town to desperate trump the way it did lebron and the cavs at last month's nba championship parade. >> we thought it might be like a cavs playoff game with maybe more media coming in, but it doesn't have that same feel. >> reporter: some downtown businesses decided to close because of security concerns but with cleveland relatively calm, a number have reopened. one of the realities of modern conventions is that all of the security really does end up acting as a barrier to the community at large. julianna goldman, cbs news, cleveland. >>> coming up after your local news on "cbs this morning," the flungs influence of ivanka trump and her husband jared curb ner kushner on the campaig

david gilbert. >> this is not going to plan everybody's retirement. >> reporter: he says the committeexpects between $200 and $250 million in direct spending. >> we would love for everybody to have a banner week during the convention, but it's nothing that we have the ability to control. >> reporter: back at celestial taco, clyde says he wasn't expecting the town to celebrate trump the way it did lebron and the cavs at last month's nba championship parade. >> we thought it might be like a cavs' playoff game with maybe more media coming in, but doesn't have that same people. -- feel. >> reporter: some downtown businesses decided to close because of security concern, but with cleveland relatively calm, a number have reopened. scott, one of the realities of modern conventions is that all of the security really does end up acting as a barrier to the community at large. >> pelley: julianna goldman, thanks. live prime time coverage of the republican national convention resumes at 10:00 eastern time. i'll be joined by norah o'donnell, charlie rose, gayle king and john dickerson right here on

david gilbert, where is david? david around some place? roman, prince conner, chris kelly, these people are all here. you don't have to come up and speak, ok. beth mooney, where is brian jack? brian jack, boy, brian. brian. what a job you did, brian. ok, that's all. now you can leave and go to the ext location, brian. hillary's trying to pick her vice president as fast as possible because she wants to ake away a little of the success we had at this convention. this convention has been a tremendous success. if you turn on television, you turn on some of the dishonest media you will see, this happened in that happened. what happened? somebody got booed out of this place by thousands and thousands of people. there wasn't one person in the room, not one -- and then they said, there may not be unity. unity? there wasn't one person in the room including the texas delegation, right? honestly, he may have ruined his political career. i feel so badly, i feel so badly. he will come and endorse over the next little while. he has no choice. what diffe

host: i want to welcome david gilbert. welcome. thank you for being here. let us talk about what you do. what is the host committee. what is your responsibility? guest: when a convention is awarded to a city of either party, a contract is signed between the party and a , aprofit organization political nonprofit organization set up for the purpose of committing the community's obligations in a bid for the convention. our organization was set up about two years ago. it is our job to do a number of things. raising the funds that were put forth in the bid. that is going to fulfill the obligations. there's a lot of things that we provide. arrangements,and the arm of the rnc that runs the convention itself, can do a lot of their business. we also are involved in all of the city preparation, everything from hotels to thousands of volunteers to shape, or every way, form, every small detail in getting the city ready. one thing we do not do is the safety and security. that is done by city of cleveland police, secret service, and hundreds of different agencies all coo

in terms of some of the folks, david gilbert. where is david? david around some place? joe roman.or. chris kelly. these people are all here. don't bother. you don't have to come up and speak, okay? beth mooney. where is brian jack? brian jack. boy, brian. brian! what a job you did, brian. okay, that's all. now you can leave, go to the next location, brian. go to the next location. hillary strin, the picker of vice president as fast as possible. because she wants to take away a little of the success we had at this convention. this convention has been a tremendous success. you know, people -- if you turn on television, you -- you turn on some of the dishonest media, you'll see that, oh, wow. this happened and that happened. what happened? you know. somebody got booed the hell out of a place by thousands and thousands of people. there wasn't one person in the room -- not one. and then they said there may not be unity. unity? there wasn't one person in the room, including the texas delegation, right? honestly, he may have ruined his political career. i feel so badly. i feel so badly.

i would also like to thank mayor frank jackson and david gilbert and the whole host community.cleveland. i would like to thank my wife doreen and our boys eric and neck. .- and nick i look for to returning home. thank you and enjoy the convention. thank you very much. >> please welcome the chairman of the host committee david gilbert. >> welcome to cleveland, on ,ehalf of the committee chairs we are thrilled to make cleveland your home as you commit to the important business that begins this afternoon. what you do hear shapes the future of our country and we are glad you chose cleveland is the place to do it. peek behind the banners and you will see billions and new public and private investment that is having a resin assaults -- having a renaissance. office buildings, parks, and cultural institutions. across the region you will find growing neighborhoods, a population getting younger, smarter and more engaged, and a business community putting capital and people to work. cleveland has become a destination for tourists and businesses and increasingly for world-class convention s

. >> i want to welcome david gilbert, thank you for being here. let's talk about what you do. what is the host committee and what is your spots ability? hostat is your responsibility? organization, apolitical nonprofit organization that is set up for the express purpose of fulfilling the community's obligation in its bid to host the convention. so that is why our organization was set up about two years ago. and it's our job to do -- it's a number of things. one is raising the funds that were put forth and that is to fulfill the obligations. there's a lot of thing that is we provide so the committee on arrangements, the arm of the rnc that runs the convention itself can do a lot of their business. we also are involved in really all the city preparation. it's everything from hotels to thousands of volunteers to getting in every way shape or form every small detail in getting the city ready. the one thing we don't do is the safety and security. that's done by city of cleveland police, secret service, hundreds of different agencies all coordinating together. host: how did you get

david gilbert, joe robin -- joe roman, chris kelly. where is brian jack? brian.hat a job you did, brian. ok, that's all. now you can leave and go to the next location, brian. hillary's trying to pick her vice president as fast as possible because she wants to take away a little of the success we had at this convention. this convention has been a tremendous success. youou turn on television, turn on some of the dishonest media you will see, this happened in that happened. what happens? out of this booed place by thousands and thousands of people. and then they said, there may not be unity. there wasn't one person in the room including the texas delegation, right? honestly, he may have wrote his political career. i feel so bad. he will come and endorse over the next little while. he has no choice. what difference does it make? i don't want his endorsement. ted, stay home, relax, enjoy yourself. just a couple of things. they gave me his speech. i saw what his speech was. when you go up to speak, you have to give your speech. we don't want surprises. they gave it, th

[applause] in terms of some of the folks, david gilbert, where's david? david around someplace?le are all here. don't bother, you don't have to come up and speak, okay? [laughter] seth mauney. where's brian jack? brian jack. boy, brian -- [cheers and applause] brian, what a job you did, brian. [applause] okay, that's all. now you can leave, go to the next location, brian. [laughter] [applause] go to the next location. hillary's trying the to pick her vice president as fast as possible because she wants to take away a little of the success that we had at this convention. this convention has been a resuccess. you know, people -- [applause] if you turn on television, you turn on some of the dishonest media, you'll see that oh, well, this happened and that happened. what happened? [laughter] you know, somebody got booed the hell out of a place by thousands and thousands of people. there wasn't one person in the room -- [cheers and applause] not one. and then they said there may not be unity. unity? there wasn't one person in the room including the texas delegation, right? [cheers an

david gilbert. where's david? david around some place? joe roman. chris conner. chris kelly.l here. don't bother, you don't have to come up and speak. beth moony. where's brian jack. brian jack. boy brian. brian what a job you did, brian. all right, that's all. now you can leave, go to the next location, brian. go to the next location. hillary's trying to pick her vice president as fast as possible because she wants to take away a little of the success we had at this con convention. this convention has been a tremendous success. you know, people, if you turn on television, you turn on some of the dishonest media, you'll see that, oh, wow, this happened and that happened. what happened? you know? somebody got booed the hell out of a place by thousands and thousands of people. there wasn't one person in the room. not one. and then they said there may not be unity. unity? there wasn't one person in the room who was -- including the texas delegation, right? honestly, he may have ruined his political career. i feel so badly. i feel so badly. and, you know, he'll come and endorse o

mary, our last for david gilbert, republican in kentucky. good morning. caller: good morning.er you call it, i love it. i love watching c-span because it shows me -- a la the of the congress and senate and how they proclaim to be professionals. i would like to ask my former president, who are greatly love and respect, president george bush, to respect the word of the republican party. the old-timers in the old day when they gave their word, they kept it. man, heal theis country and bring the republican party back together. i was a democrat when clinton was in office. partieslied, i changed because that don't cut it. so getp your word, behind him. i am sorry you lost, and i am sorry mr. kasich lost, but grow up. become a true american and a true republican and help this country heal. host: all right, mary. we will leave it there. in our closing minutes, what role does the governor play with the convention, if any? what will you watch for tomorrow as things kick off at 1:00 p.m. eastern time? guest: the governor was very helpful and part of our full effort in getting the convent

[applause] donald trump: in terms of some of the folks, david gilbert -- where's david? is david around someplace? e roman, chris conner, chris kelley. these people are all here. you don't have to come up and speak. beth mooney. where's brian jack? boy, brian. brian. what a job you did, brian. ok. that's all. now you can leave. go to the next location, brian. go to the next location. and hillary is trying to pick her vice president as fast as possible because she wants to take away a little of the success that we had at this convention. this convention has been a tremendous success. you know people -- if you turn on the television, you turn on some of the dishonest media, you'll see that oh, wow, now this happened and that happened. what happened? you know, somebody got booed the hell out of a place by thousands and thousands of people. there wasn't one person in the room. [applause] not one. and then they said there may not be unity. unity. there wasn't one person in the room including the texas delegation. right? honestly, he may have ruined his political career. i fee

[applause] [inaudible] in terms of some of the folks david gilbert where's david, david around someplacennor, chris kelly, his people are all here. don't bother you don't have to come up and speak. okay. beth,s where's brian jack. brian jack, boy, brian. brian, what a job you did, brian. [applause] okay that's all now you can leave, bo -- go to the next location brian. hillary is trying to pick her vice president as fast as possible to take away the little success that we had at this convention. this convention has been a tremendous success. you know, people if you turn on television, you turn on some of the dishonest media you'll see that oh wow, this happened and that happened. what happened? you know, somebody got booed the hell out of a place by thousands and thousands of people there wasn't one person in the room. not one. [cheering] and then they said, there may not be unity. june? there wasn't one person in the room not including the texas delegation. [applause] honestly he may have ruined his political career. i feel so badly. piffle so badly. and you know he'll come and endorse

president,mmittee david gilbert.rnal [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] [captions copyright national cable satellite corp. 2016] c-span makes it easy to keep up with the latest convention elements with the c-span app, available as a download. of every coverage minute of the conventions, as well as schedule information about speeches and events. get c-span on the go with the c-span radio app. a live look in des moines, iowa, where the national governors association is meeting this weekend. discussion with nancy pelosi, talking about the relationship between the states and the federal government. that session should be getting underway shortly. our live coverage of the nga summer meeting continuing on .-span >> as participants start filtering in, we will continue our live coverage of the nga summer meeting this afternoon. this session, one of several we are covering today. howr on, you were here from communities are re

mary, our last for david gilbert, republican in kentucky. good morning. caller: good morning. want to thank you for c-span. i am a junkie of c-span, whatever you call it, i love it. i love watching c-span because it shows me -- a la the of the congress and senate and how they proclaim to be professionals. i would like to ask my former president, who are greatly love and respect, president george bush, to respect the word of the republican party. the old-timers in the old day when they gave their word, they kept it. man, heal theis country and bring the republican party back together. i was a democrat when clinton was in office. partieslied, i changed because that don't cut it. so getp your word, behind him. i am sorry you lost, and i am sorry mr. kasich lost, but grow up. become a true american and a true republican and help this country heal. host: all right, mary. we will leave it there. in our closing minutes, what role does the governor play with the convention, if any? what will you watch for tomorrow as things kick off at 1:00 p.m. eastern time? guest: the governor was v

gilbert. next speaker. speaker: good afternoon, commissioner. david. san franciscan for accountability. one the commissions made a statement that the commission makes policy and nobody else does and the supervisor shouldn't be making it. the poa has a gigantic feet in the policy arena. that needs to change very rapidly. so it's not true that only the commission makes policy. i'm hearing a lot of basically the sky is falling argument with regard to the avalos reserve proposal. $100 million on a quarterly basis is $25 million per quarter and so it would take a while for that $25 million even, if it was withheld to catch up to the point where it made any significant difference. i think it's frankly not a good idea to use incidents that happen on the street or that happened today as a wedge to be pushing the idea that there should be absolutely no sticks with regard to a transformation reform of the sspd. the san francisco police department had no sticks. there's been carrots and the department is the largest in the bay area on a per capital basis as i'm sure you're aware. san jose has a hi

gilbert. next speaker. speaker: good afternoon, commissioner. david. san franciscan for accountability. one the commissions made a statement that the commission makes policy and nobody else does and the supervisor shouldn't be making it. the poa has a gigantic feet in the policy arena. that needs to change very rapidly. so it's not true that only the commission makes policy. i'm hearing a lot of basically the sky is falling argument with regard to the avalos reserve proposal. $100million on a quarterly basis is $25 million per quarter and so it would take a while for that $25 million even, if it was withheld to catch up to the point where it made any significant difference. i think it's frankly not a good idea to use incidents that happen on the street or that happened today as a wedge to be pushing the idea that there should be absolutely no sticks with regard to a transformation reform of the sspd. the san francisco police department had no sticks. there's been carrots and the department is the largest in the bay area on a per capital basis as i'm sure you're aware. san jose has a hig

david: let's get started with these comments from the ceo of aberdeen asset management. in the wake of the brexit vote, says there is huge interest in british real estate. martin gilbertays that the weak pound is spurring demand. >> 2007 and 2008 was a liquidity-driven crisis. there was no liquidity in the market. the world is awash with liquidity at the moment. we are seeing a huge institutional interest in u.k. property. i don't want to sound too cynical here, but the retail investor and the institutional investor coming in, taking advantage of the weak currency and lower prices. shares of nintendo have soared again after the success of the pokemon go smartphone app. users trackich lets down virtual monsters in their vicinity, has topped the free to download charts for apple since its release back on july 7. standard chartered has started its first business in japan with about 100 employees, 20 of which will sell emerging-market products with the potential for fast growth, brokerages, banks, and asset managers. the move comes as ceo bill winters cuts cost and tries to turn around the london-based bank which last year posted its first loss since 1989. that is your bl

david: it's too far to look. but you had someone on "surveillance." you had the mark gilbertiece which was fascinating saying maybe a rise in the rates would help growth. tom: seth masters said it to this important conversation which is brilliant. i really emphasize to people to read mark gilbert's piece out today. i'll put it out on social. and the idea is if everybody raises rates together, what would be the outcome? is is the ring fisher who considered the giants. and the believe in it is a belief based on very little experiment and very little data. and as professor boweder said, there's a real question of whether it would be effective if we all raised rates because of capital investment was stopped. david: although it had to do with demographics and the extent-to-which the grades -- tom: you put me in there. david: they would have more money to spend if you raised rates. tom: yes. the favors do better and it works both ways but there's this word, ambiguous. there's a lot of ambiguous questions about the microeconomics of these kinds of theories. here's the theory. the nu

gilbert really pony up and challenge verizon at the last minute? the direction here seems to be like yahoo! has picked its force. course -- horse. alix: -- davidf coulters. -- cultures. alex: there's probably some similarity is some difference. the similarities that this -- these are two governors the used to run the internet, now they don't. if the a lot of talent walk out through the doors, and they continue to bring back talented people as well, because they have big names of people are drawn to the idea of working at these companies and potentially try to turn around. that said, there are obvious the differences between the east coast and west coast, and verizon is also not a west coast technology company. fit problems.ome we will see us things go out between yahoo! and verizon. verizon is buying yahoo! at a time when the company desperately needs a turnaround in morale. you have to expect that. this is not going to upset employees too much. the writing has been on the wall here for so long. alex has longest deal, been covering this since january. alex sherman, thank you for recapping the news. verizon and yahoo! in exclusive talks to merg

gilbert. coming up on "bloomberg ," more on the market reaction to the failed coup attempt in turkey. we will discuss that with a strategist. this is bloomberg. ♪ daviding up later today, exclusive conversation with christine lagarde. ♪ coming up at the top of the next hour, bloomberg markets with vonnie quinn. what is your top story? vonnie: mark barton is off all week. we will talk about the rnc starting three hours after the show starts. we will speak with gary greenberg. we will talk about investing in turkey and how they are thinking about turkey now, after the attempted coup. does it change their expectations for anything turkish related? the lira or the economic conditions of the country? and how they might move money around. we also will look at the big arm holding deal and bank of america earnings. day, indeed. big thank you vonnie quinn. we are looking forward to it. let's head over to julie hyman. stocks continue to be little changed. we are looking at commentary -- one comment coming surrounding the humana-action a deal. they say the deal is more likely to go through than not. talking to legal experts about that, this would be good news f

david g.: there are deals we know about and those that we don't. the yahoo! deal is the biggest one. we will be talking to tim armstrong, the ceo of aol in the next hour. dan gilberto be here, as well. a lot of people are buzzing about the core assets at yahoo!. there is conversation about deals that could happen. media consolidation is what we hear about time and time again. there could be more consolidation. the former disney president and head of caa saying there is the potential to see in north-south arrangement for the first time, a silicon valley company buying a hollywood studio, perhaps. we will see what happens. david w.: that would be something. there is also a lot going on behind the scenes. what is going on behind the scenes? inid g.: the drama plays out the traffic circle in front of the sun valley lodge. we were waiting yesterday to see if philippe dumond and sherry redstone were going to have an encounter upon arrival. sherry redstone did arrive. she gave it wave to the cameras and went inside after getting out of her dodge charger. we saw her with les moonves and bob iger. the bob -- viacom drama is playing out. the disney drama also playing out. t