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Mar 13, 2017
03/17
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gary cohen, health and human services secretary and speaker paul wright with house majority whip steve scully is yesterday and it shows. >> we offer coverage to everyone. if you're your medicaid today just to medicaid. if you're covered under an employer-sponsored plan, you'll continue to be covered under an employer-sponsored plan. >> there will be off worse understanding their choices they can select coverage that they want. >> it's not her job to make people do something they don't want to do. it's a job to universal lack says. this bill does repeal and replace obama cared in the way with a played out over the years. they will keep moving forward and get it done. >> trade to does the cbo score impact passing legislation?
gary cohen, health and human services secretary and speaker paul wright with house majority whip steve scully is yesterday and it shows. >> we offer coverage to everyone. if you're your medicaid today just to medicaid. if you're covered under an employer-sponsored plan, you'll continue to be covered under an employer-sponsored plan. >> there will be off worse understanding their choices they can select coverage that they want. >> it's not her job to make people do something...
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Mar 22, 2017
03/17
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bannon may be more persuasive in that environment than gary cohen. >> rose: the question is not whether he's more persuasive than gary cohen, but jared kushner. >> again, let me yield to bob, but when i read stories about kushner i see kushner is on bannon's side and then the open side. cashner has managed to get good press, from what i can tell because he's the president's son-in-law, he hasn't deeply offended either side. >> rose: maybe because he's a shrewd political player. >> he is. he's a cagey player inside of the white house, speaking of kushner. we got the scene and the story which we thought was telling is kushner almost acts as a psychologist for the two warring factions, the new yorkers and the populist types. he brings them to his couch in the office throughout the day as they complain about the others and tries to mediate. kushner's role, he stays out of the press, talking to his father in law constantly, and worked closely with bannon but also really sees deena powell and gary cohen in a favorable way. >> rose: what about other members tmembers of this admini, what about
bannon may be more persuasive in that environment than gary cohen. >> rose: the question is not whether he's more persuasive than gary cohen, but jared kushner. >> again, let me yield to bob, but when i read stories about kushner i see kushner is on bannon's side and then the open side. cashner has managed to get good press, from what i can tell because he's the president's son-in-law, he hasn't deeply offended either side. >> rose: maybe because he's a shrewd political...
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Mar 21, 2017
03/17
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discussed in meeting this at the white house was we are hearing reports of the lively internal debate, gary cohen might be more prone to that. can you discuss is the president considering a carbon tax? what are the variables going on? >> there is robust debate going on with respect to comprehensive tax reform. as we mentioned our goal is to get to thursday. that is what the president talked about publicly. we need to get obamacare repealed and replaced and moved on to tax form and the trade reviews we talked about, immigration, a lot othings, won'mment on specific promise of that but there are a lot of people who recognize we haven't had comprehensive tax reform since 1986 and there are a lot of pieces in this that we need to examine and get to and a lot of voices and opinions that get shared with him and i am not in a position to get into commenting on piecemeal on where it is but i will say, getting past thursday. look at the week ahead, repeal and replace aspects, neil gorsuch from the legislative standpoint, is a pretty big week for the white house to see this done. >> president trump indicat
discussed in meeting this at the white house was we are hearing reports of the lively internal debate, gary cohen might be more prone to that. can you discuss is the president considering a carbon tax? what are the variables going on? >> there is robust debate going on with respect to comprehensive tax reform. as we mentioned our goal is to get to thursday. that is what the president talked about publicly. we need to get obamacare repealed and replaced and moved on to tax form and the...
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Mar 2, 2017
03/17
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you trickle out enough stuff to make people believe it, it still sustains that rally. >> if gary cohen something and it will get done effectively. people have discounted him since his college days and they've been wrong to do so. don't discount him now. you're not looking for three or four dollars. you're probably looking for my sense would be 10 to 15%. the pushback would be when you buy the double if you got that 15% to the downside -- >> probably not. >> would you buy it again? >> no. great company but unless i really believe that infrastructure -- >> dekos tow had a really interesting piece today about this $1 trillion spend over ten years and he was talking about the fact that investors may not be thinking about that a lot of this may come in the form of subsidies to private companies which is really actually punitive to consumers. it may not be -- i'm in your camp. it may not be what you think by tractors and cybersecurity, it may be more crony capital. >> quick programming note, tomorrow on "squawk box." an exclusive interview with wilbur ross on 7:00 a.m. still ahead, crude fal
you trickle out enough stuff to make people believe it, it still sustains that rally. >> if gary cohen something and it will get done effectively. people have discounted him since his college days and they've been wrong to do so. don't discount him now. you're not looking for three or four dollars. you're probably looking for my sense would be 10 to 15%. the pushback would be when you buy the double if you got that 15% to the downside -- >> probably not. >> would you buy it...
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Mar 25, 2017
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but there are people including t gary cohen who don't like that idea and a lot of republicans who don't like it. so there is no agreement on how to pay for this massive tax did you tell. and gary cohen has said publicly that it has to be revenue neutral which means that it can't add to the deficit. now, i don't know how they will do this and i don't think republicans do either. >> and the question really is the president ran on being able to break the deadlock in washington to send the do nothing congress if you like. the question, is he going to be able to deliver on that promise. >> again, this is what he learned yesterday is that it's not as ease eas easy as making estate deal. this is a group of people on the hill who don't respond to normal political incentives. taking members of the house freedom caucus out to dinner, putting your arm around them, giving them a ride on air force one, they don't care. they wart conservatint conserva concessions and trump learned that session. >> and beth has been listening to what lindsey graham had to say. take us through that, what was his take o
but there are people including t gary cohen who don't like that idea and a lot of republicans who don't like it. so there is no agreement on how to pay for this massive tax did you tell. and gary cohen has said publicly that it has to be revenue neutral which means that it can't add to the deficit. now, i don't know how they will do this and i don't think republicans do either. >> and the question really is the president ran on being able to break the deadlock in washington to send the do...
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Mar 20, 2017
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one situation where gary cohen was left out of a meeting and instead of sulking at his desk he kicked down the door and said why am i not in the meeting? the man who ran goldman sachs is not going to let anybody, including steven bannon or reince priebus get in his way and we have really seen the last two weeks. gary cohen and dina powell and jared and ivanka assert themselves. >> it is a court of people sneaking around behind each other and watch out for the dagger. the tone in the white house the last couple of weeks, i've been trying to talk to cabinet officials who were just a little bit outside this process. if you think of this as a boat cking wildly, you need som out rigors on it to damp that rocking. those out rigors ought to be our secretary of defense, general mattis and our secretary of state rex tillerson. >> what the heck has happened with rex tillerson? >> i think tillerson does not want to talk to people like us, talk to the media and be highly visible until he knows exactly what his policies are. very deliberate decision not to take media with him to asia. i think his
one situation where gary cohen was left out of a meeting and instead of sulking at his desk he kicked down the door and said why am i not in the meeting? the man who ran goldman sachs is not going to let anybody, including steven bannon or reince priebus get in his way and we have really seen the last two weeks. gary cohen and dina powell and jared and ivanka assert themselves. >> it is a court of people sneaking around behind each other and watch out for the dagger. the tone in the white...
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Mar 1, 2017
03/17
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the gary cohens and wilbur rosses and steve mnuchins and they're going to announce a deputy treasury secretary shortly, that team is going to be excellent for the economy, excellent for the stock market. and you know what it's really going to be excellent for? middle class jobs and working class families. that's the agenda the administration has. >> pete, what about the idea, you know, goldman today talks about the point of maximum optimism. what we're witnessing in the market. hedge fund manager, a big one at that, told me, quote, we're starting to knock on the door of euphoria as if that's a point of reaching the climax of a bull market, not the beginning. >> you could understand why people are saying that but i think you still go back to what's the concrete evidence. the concrete evidence that we've gotten so far is the earning season has been strong. started with the financials and technology and we've continued through this whole thing. and now people are starting to go towards the confidence level that i think the president actually laid out last night where he was very preside
the gary cohens and wilbur rosses and steve mnuchins and they're going to announce a deputy treasury secretary shortly, that team is going to be excellent for the economy, excellent for the stock market. and you know what it's really going to be excellent for? middle class jobs and working class families. that's the agenda the administration has. >> pete, what about the idea, you know, goldman today talks about the point of maximum optimism. what we're witnessing in the market. hedge fund...
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Mar 10, 2017
03/17
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earlier today we had president trump's top economic guy, economic adviser gary cohen on the show.ise 3% growth. we sort of been having that in recent years. what we are doing here in the white house and what we are going to do with our tax plan and what we are doing with highering, what we are doing with corporations and getting them to move jobs back to america, i think it'll be easy to get to 3% growth in the third and fourth quarter this year. stuart: you can understand the top adviser saying, we are going to get the growth we promised. >> he's a great salesman and that's what gary is all about. he has to change the environment to get that kind of growth. we have to have substantial regulatory reform and lower corporate taxes. reforming obamacare is only going to go so far. it's going to reduce taxes for all of us somewhat. but we need to get disincentives. they can start to unwi regulaon. unlike taxes where it's one big bill going through congress on one big day, it's trench warfare hand to hand combat clearing the terrorists out of the city, basically all of those people who
earlier today we had president trump's top economic guy, economic adviser gary cohen on the show.ise 3% growth. we sort of been having that in recent years. what we are doing here in the white house and what we are going to do with our tax plan and what we are doing with highering, what we are doing with corporations and getting them to move jobs back to america, i think it'll be easy to get to 3% growth in the third and fourth quarter this year. stuart: you can understand the top adviser...
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Mar 10, 2017
03/17
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before trump economic if either gary cohen's telling stuart varney things could be delayed. >> we arepared not to go on recess but to stay and work on it but work in the fall and get it done this calendar year. we are working as hard as we can to get done what we can get done and we are open to any suggestions and working with everyone to get to the best place. charles: can republicans get on the same page to get tax cuts done by august? former bush 43 presidential writer ned ryan and democratic party chair scott bolden. gary cohen seemed realistic, hopeful, optimistic but did feel like a line in the sand that it is a done deal. >> what him and steve mnuchin are supposed to say, we will get around to it when we get arod to it, ty want to be optimistic and make people excited to see tax reform in the near future and i hope they can get it done because that will be huge momentum for the american people and trump to say he is keeping his promises. august seems with obamacare and everything else that seems like it is pushing it. stuart: the president trump, ceo, chief executive officer, h
before trump economic if either gary cohen's telling stuart varney things could be delayed. >> we arepared not to go on recess but to stay and work on it but work in the fall and get it done this calendar year. we are working as hard as we can to get done what we can get done and we are open to any suggestions and working with everyone to get to the best place. charles: can republicans get on the same page to get tax cuts done by august? former bush 43 presidential writer ned ryan and...
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Mar 10, 2017
03/17
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the ceo whore with just left the white house from a meeting with gary cohen.lk about? >> a great project called jordan go. -- cove. it needs the targets from president trump, getting money off the sidelines and into work. we were talking about what it would take to get the project built and get it going. administration, this project was caught in a regulatory quagmire which has direct applications for the specific connector gas pipeline. did you get assurances from the white house that they will move this project forward? >> what we got was the commitment to work with us to make sure that there was oversight for the federal groups that are going to be on the permitting process which will be very important and very helpful. >> how many jobs are we talking? for000 construction jobs the first five years in tuesday, oregon. 240 permanent jobs ongoing. these will be high paying jobs, $75,000 to $85,000 per job and in that town, the average job is $32,000 so a big boost to the port and the city. >> infrastructure has been a huge priority for the administration, they
the ceo whore with just left the white house from a meeting with gary cohen.lk about? >> a great project called jordan go. -- cove. it needs the targets from president trump, getting money off the sidelines and into work. we were talking about what it would take to get the project built and get it going. administration, this project was caught in a regulatory quagmire which has direct applications for the specific connector gas pipeline. did you get assurances from the white house that...
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Mar 26, 2017
03/17
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would make sense to have a separate tax bill from secretary mnuchin, is that you want from gary cohena third from whoever. why not take the basis of the house planned leapfrog america into the top three best places on the job that works together to make those adjustments along with the senate. let's be ready to move this year. maria: you want to move this year, but where's the wiggle room? if you can't get a border adjustment tax through, is there any other wiggle room you can see raising revenue? for example, some say forget about a 40% corporate tax rate. it ought to be 28%. would you agree to that? >> no, we will not. that will not make us competitive. that won't even get us to the middle of the pack. frankly, we are getting our brains beat out because competitors are beating us with lower grades. they no longer tax worldwide. all of which we have to do to compete and win not just here but around the world as well. i think we've got the basics in place. we've got some work to do. the trump team is a smart team. their economic team knows how critical this is. i see a lot of elements
would make sense to have a separate tax bill from secretary mnuchin, is that you want from gary cohena third from whoever. why not take the basis of the house planned leapfrog america into the top three best places on the job that works together to make those adjustments along with the senate. let's be ready to move this year. maria: you want to move this year, but where's the wiggle room? if you can't get a border adjustment tax through, is there any other wiggle room you can see raising...
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Mar 21, 2017
03/17
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gary cohen might be someone who is more prone to that. can you just discuss, is the president considering a carbon tax? what are some of the various opinions going on in the white house? >> i think there is a robust debate going on with respect to comprehensive tax reform. as we've mentioned, i mean our goal right now is to get through thursday. and that's what the president has talked about very publicly. we need to get obamacare repealed and replaced and move on to tax reform and some of the other trade reviews that we've talked about, immigration. there is a lot of things on the agda i'm not going to comment on specificng of that. i will tell you thatbviously there is a lot of people that recognize that we haven't had comprehensive tax reform since 1986 and that there is a lot of pieces in this that we need to examine and get to. and there is a lot of voices and opinions that get shared with him. so i'm not in a position where i'm going to get into commenting on piecemeal on where it is. but i will say that's even more reason that let'
gary cohen might be someone who is more prone to that. can you just discuss, is the president considering a carbon tax? what are some of the various opinions going on in the white house? >> i think there is a robust debate going on with respect to comprehensive tax reform. as we've mentioned, i mean our goal right now is to get through thursday. and that's what the president has talked about very publicly. we need to get obamacare repealed and replaced and move on to tax reform and some...
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Mar 14, 2017
03/17
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we have steve bannon saying let's man up and do we we have to do, then gary cohen is saying don't rock the apple cart. peter: when it comes to china and market opening and so forth. it's very weak. it looks like a fancied up version of the obama policy. it's very disappointing, and they backed down on currency. according to the world bank, the numbers they use to evaluate the real value of chinese currency, it's 50% undervalued. it's the thing they do to their own businessmen causing them to want to flee. we have capital flight in china. it's abominable what's happening. the american companies when they take a joint venture partner, they are taking a coe who is a member of the communist party. charles: it's something we have to address. thank you all have much. the united kingdom is inching closer to leaving the european union. but some are wondering if it will backfire. tammy is clapping. we'll discuss that next. >> this will be defining moment for our whole country as we begin to forge a new relationship with europe and a new role for ourselves in the world it's a moment to bring our
we have steve bannon saying let's man up and do we we have to do, then gary cohen is saying don't rock the apple cart. peter: when it comes to china and market opening and so forth. it's very weak. it looks like a fancied up version of the obama policy. it's very disappointing, and they backed down on currency. according to the world bank, the numbers they use to evaluate the real value of chinese currency, it's 50% undervalued. it's the thing they do to their own businessmen causing them to...
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Mar 13, 2017
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. >> gary cohen with sane words the jobs data on friday. this is right in line with what it has been the last couple of years. >> i heard a lot of people saying this is the trump momentum. this is exactly this last february. exactly february before. they didn't believe those. they believe this one. >> it is keeping with the economic growth. >>> first for president trump at 3:00 p.m. he meets with his cabinet. many recently confirmed with agriculture and labor still unfilled. the president is still scheduled to sign executive order plan for reorganizing the executive branch. the white house not releasing details. >>> details about the intruder who breached white house security carrying a backpack with mace and letter to president trump. 26-year-old jonathan tran face s arraignment. he was discovered near the south residence before midnight. he was carrying a laptop, passport and book written by president trump. he had relevant information about russian hackers. mr. donald trump calling the incident sad. tran was able to scale the fence undet
. >> gary cohen with sane words the jobs data on friday. this is right in line with what it has been the last couple of years. >> i heard a lot of people saying this is the trump momentum. this is exactly this last february. exactly february before. they didn't believe those. they believe this one. >> it is keeping with the economic growth. >>> first for president trump at 3:00 p.m. he meets with his cabinet. many recently confirmed with agriculture and labor still...
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Mar 13, 2017
03/17
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very interesting y, you know, i wouldn't want to mess with gary cohen in a close quarter area. >> big guy. >> he can take them. >> don't want to be on that side of the trade. >> yeah. pretzel quick. >> cohen made some more comments to fox over the weekend. namely about the cbo score. which he said in the past the cbo score has been largely meaningless. mulvaney seemed to back that up this morning. or on abc. then they talk about the fed. cohen saying we respect the powers of the fed. doing a good job even if they do hike this week. >> i know there's -- there were statements in the campaign which would indicate there was not going to be as much independence for the fed. >> no. >> that seems to have been walked back. >> i think it's interesting cohen seems to be the voice for economic policy. steve has done -- i believe an interview with becky quick, but we have not heard from him as much. >> no, it looks like tax reform, trade, fed, all of these kinds of things. >> cohen's out there. i think cohen's out there in a way that says don't worry. everything's going to get done. when he's on,
very interesting y, you know, i wouldn't want to mess with gary cohen in a close quarter area. >> big guy. >> he can take them. >> don't want to be on that side of the trade. >> yeah. pretzel quick. >> cohen made some more comments to fox over the weekend. namely about the cbo score. which he said in the past the cbo score has been largely meaningless. mulvaney seemed to back that up this morning. or on abc. then they talk about the fed. cohen saying we respect the...
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Mar 30, 2017
03/17
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one of the officials opposing it is gary cohen.e freedom caucus, and interesting warning from donald trump. -- an interesting warning from donald trump. he is tweeting that the freedom caucus will hurt the republican agenda if they don't get on the team fast. what are we expecting on the health care bill? good they put it forward again next week? i am speakingrces with says it is not likely health care will come up for a despitet week conversations happening behind the scenes. this was a gauntlet of a tweet the president through down. there are more than 30 house republicans part of the house freedom caucus, the ultraconservative wing of the republican party. they derailed president trump and speaker ryan's health care proposal last week. without them, they are not going to be able to accomplish much of anything on their to do list. it is not only health care, it reform, d regulatory financial policies. there are differences on policy issues that freedom caucus members differ from the main conservatives on. i spoke with several adv
one of the officials opposing it is gary cohen.e freedom caucus, and interesting warning from donald trump. -- an interesting warning from donald trump. he is tweeting that the freedom caucus will hurt the republican agenda if they don't get on the team fast. what are we expecting on the health care bill? good they put it forward again next week? i am speakingrces with says it is not likely health care will come up for a despitet week conversations happening behind the scenes. this was a...
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Mar 28, 2017
03/17
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gary cohen is probably on his way out. bannon is strong. may be one of the people who has to die if things do not go well in the intelligence committee briefing. of course. you know what i'm talking about, the hunger games. >> okay. just want to put it in the right context. people get alarmed when you say shooting and things. >> but what i'm talking is all a metaphor. somebody has to go. walk the plank is what i'm talking about. >> that's a better analogy. thank you. >> you had flynn and who might be about to rat on trump, who knows. and you've got all these people on both intelligence committees in fighting with each other. and i just don't see the atmosphere changing. i think it's so toxic and poisonous and people are scrambling away. i just don't see the the cooperation coming. >> here's what robert gets into in this article. >> you go into great detail about stephen bannon and his pursuit of economic nationalism. is there any doubt in your mind that bannon is the intellectual driver behind the president's agenda? >> there's no doubt and
gary cohen is probably on his way out. bannon is strong. may be one of the people who has to die if things do not go well in the intelligence committee briefing. of course. you know what i'm talking about, the hunger games. >> okay. just want to put it in the right context. people get alarmed when you say shooting and things. >> but what i'm talking is all a metaphor. somebody has to go. walk the plank is what i'm talking about. >> that's a better analogy. thank you. >>...
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Mar 9, 2017
03/17
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stephen bannon was a media executive, gary: was from wasman sachs -- gary cohen from goldman sachs.re the people who are very .easoned in passing legislation it is difficult to know if they expected it. on capitol hill, the people i talked to last night, this morning said that they are not surprised by the opposition from some of these outside conservative groups. the thorn in the side of publicans in washington, some of these groups that kind of exist to try to purify order and hear the party to a strict ideological purity. i think they are not surprised the level of outside complaints. i think some people were caught off guard because we thought we were still in the honeymoon period with donald trump on capitol hill and clearly that is over. anthony: they will eat some of these votes. what do they need to do to get them? what compromises do they have to make and how do they proceed here? jake: capitol hill republicans say what you see is what you get. we have put a lot of work into this bill and we will not reopen this legislation to negotiation. once you do that, it unravels. it'
stephen bannon was a media executive, gary: was from wasman sachs -- gary cohen from goldman sachs.re the people who are very .easoned in passing legislation it is difficult to know if they expected it. on capitol hill, the people i talked to last night, this morning said that they are not surprised by the opposition from some of these outside conservative groups. the thorn in the side of publicans in washington, some of these groups that kind of exist to try to purify order and hear the party...
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Mar 6, 2017
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you have got the gary cohen saying no, that not the way we want to go. they are having fights out in a public way which i think is different than some other white house. chris: how do you push tough legislation through congress if you don't have a clear strategy coming from the top for the president? >> that's the key. does the president makeup his minds? he has to sit down and say this is the way we are going. but at the moment when he hasn't made his decision there will be is a free-for-all. and people feel emboldened to have this debate. chris: i think it would be fair to say the president is good on the broad strokes but not so good on the fine detail. there is a lot of fine detail. what's going to happen on the death familiar board? is this president going to get engaged on that? >> last week he said this so complicated to do healthcare. he is discovering it. he's a new president, he's not experienced in politics. we'll see how he learns. chris * thanks, panel. i didn't know where i was from ethnically. so we sent that sample off to ancestry. my anc
you have got the gary cohen saying no, that not the way we want to go. they are having fights out in a public way which i think is different than some other white house. chris: how do you push tough legislation through congress if you don't have a clear strategy coming from the top for the president? >> that's the key. does the president makeup his minds? he has to sit down and say this is the way we are going. but at the moment when he hasn't made his decision there will be is a...
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Mar 10, 2017
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he held meetings today with three top people in the white house, with the economic adviser gary cohen, the former president of goldman sachs, with the national security adviser general h.r. mcmaster and with jared, with the president's son-in-law and senior adviser jared kushner. nowhere to be found with on that list, the mexican foreign minister's official counterpart in our government, secretary of state rex tillerson. so this is a perfect example as to why the newly reinstated state department press briefings are a useful thing. we haven't had them for weeks but they've just come back. we didn't have one in person, we just had one by phone and on the phone one reporters made a point of asking, hey, what gives about this visit? why isn't u.s. secretary of state rex tillerson meeting with his mexican counterpart while all the other people in the administration are. >> i see that the foreign minister of mexico is in town, luis videgaray meeting with, according to the mexicans, kushner, gary cohn and mcmaster. is there no state department meeting with him and if not, why not? >> tracy,
he held meetings today with three top people in the white house, with the economic adviser gary cohen, the former president of goldman sachs, with the national security adviser general h.r. mcmaster and with jared, with the president's son-in-law and senior adviser jared kushner. nowhere to be found with on that list, the mexican foreign minister's official counterpart in our government, secretary of state rex tillerson. so this is a perfect example as to why the newly reinstated state...
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Mar 16, 2017
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they are hoping the gary cohens and the steve mnuchins are driving this administration.ou know, we have the budget out this morning, it lays it out. i'm not sure, as you are saying, how much traction the policies are getting. yes, the dow is racing. yes, people at the highest level of the incomes are getting a huge benefit as they are seeing in portfolios. the policy, you only have to look at the health care plan to see, who is going to reap the benefit from the repeal and replace from the ryan bill. itis not the lower income, it's people at the top, top tier. how long it's going to take americans who voted for him in the hardest hit communities are going to have a wake up ment and say i'm not getting a benefit from this, but the bankers on wall street are. >> you saw that in west virginia, the anger. >> that's a good point. thank you so much. we are going to take a break. next, a key vote for the health care vote is happening this morning. some republicans already coming out against it. one of them, congress brooks joins me next. i wanted to know who i am and where i ca
they are hoping the gary cohens and the steve mnuchins are driving this administration.ou know, we have the budget out this morning, it lays it out. i'm not sure, as you are saying, how much traction the policies are getting. yes, the dow is racing. yes, people at the highest level of the incomes are getting a huge benefit as they are seeing in portfolios. the policy, you only have to look at the health care plan to see, who is going to reap the benefit from the repeal and replace from the ryan...
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you've got wilbur ross and gary cohen. guys from wall street. wall street loves this idea. you've got to look at the broader picture. who voted for president trump? so many people in america who said i'm the forgotten worker. you watch the market soar. i challenge you to say where is that forgotten connection to the american worker? they don't own apple stock or ibm. they could be left out of this so that income inequality divide that we've been talking about for years that president trump says he's going to fix, there's not a direct line to get that fixed. >> there's a growing concern that perhaps you have a number of these companies that are overvalued, that have been overvalued for some time, we're at 21,000 now. how real is the concern that the bottom fallsut here pretty soon? is this the kind of growth that is sustainable? >> i mean, potentially. remember, if they cut taxes, that's going to impact their bottom line. if donald trump takes away regulation, that's going to impact their bottom line to the positive. but if it doesn't, if the market is in euphoria, investors
you've got wilbur ross and gary cohen. guys from wall street. wall street loves this idea. you've got to look at the broader picture. who voted for president trump? so many people in america who said i'm the forgotten worker. you watch the market soar. i challenge you to say where is that forgotten connection to the american worker? they don't own apple stock or ibm. they could be left out of this so that income inequality divide that we've been talking about for years that president trump says...
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. >> you wonder what his nagter would think of bringing gary cohen, former president of goldman sachsuchin at treasury. this guy calls all the media, essentially most of the media, the opposition party. hard to get an interview with him. you got one. what surprised you the most? >> what surprised me the most? just sort of a multidimensional aspect of steve. i joked when the story came out that what the story basically did was confirm that steve bannon was born of human parents. this is a guy who has been depicted as the grim reaper on "saturday night live." there's a new yorker cartoon in which he was on trump's shoulders shoeing off the devil saying i've got it from here. it's a little more nuanced than that. agree with his policies or not -- you don't have to agree with his policies. his viewpoint here does come from some place. he is loved by his family. once we got to the point where they were willing to sit down and talk, it was clear how much -- how proud they are of him. his dad keeps a little table in the living room where he keeps on the clips. so it was a fun story to write.
. >> you wonder what his nagter would think of bringing gary cohen, former president of goldman sachsuchin at treasury. this guy calls all the media, essentially most of the media, the opposition party. hard to get an interview with him. you got one. what surprised you the most? >> what surprised me the most? just sort of a multidimensional aspect of steve. i joked when the story came out that what the story basically did was confirm that steve bannon was born of human parents. this...
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even his own head of the national economic council, gary cohen said that he's not -- you know, it's tooly for donald trump to take any credit for these numbers. >> go ahead. >> i mean, look, the economy really turned around and the stock market really turned around on a dime on november 7th of 2016. we saw the rocketing forward of the stock market, we saw in previous months, bob, the highest rate of consumer confidence and investor confidence that we've seen in 25 years. there's something going on here, john, in my opinion, and i think there's a new bounce in the step of the economy. bob is right you can't judge an economy by one or two months' jobs report, but everything that has happened since the election has really been very positive. you can't point to much neg they've's happened since the election in terms of -- >> i'm not pointing to anything gative, steve. i'm simply saying this is a directonnuation of what we had before. the only thing that happened -- wait a minute. the only thing that happened on election day and nearby election tay, soon after election day, was the stock mar
even his own head of the national economic council, gary cohen said that he's not -- you know, it's tooly for donald trump to take any credit for these numbers. >> go ahead. >> i mean, look, the economy really turned around and the stock market really turned around on a dime on november 7th of 2016. we saw the rocketing forward of the stock market, we saw in previous months, bob, the highest rate of consumer confidence and investor confidence that we've seen in 25 years. there's...
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. >> there's the sergeant of arms in the house and gary cohen and kellyanne conway are part of this traveling group of staff that has come down to the hill with the president. this is scheduled to get under way right about now. he's on time. we have this confluence on the calendar of the hearing in ten minutes. >> there's the gorsuch hearing, there's health care, there is the fbi director comey hearing that happened yesterday which we are feeling resinate across washington and across this country where the fbi director made the ground breaking revelation that, yes, they are conducting an active investigation into the sitting president of the united states into how his campaign dealt, coordinated with, did they or did they notith the foreign government. >> bracing to hear. >> remarkable. it's remarkable. what was secondarily remarkable is how partisan that hearing became after that reflation. what we heard from chairman devin nunez, the first thing out of his mouth was, almost something you would have assumed donald trump would ask, which is did this affect the outcomes in michigan and pennsyl
. >> there's the sergeant of arms in the house and gary cohen and kellyanne conway are part of this traveling group of staff that has come down to the hill with the president. this is scheduled to get under way right about now. he's on time. we have this confluence on the calendar of the hearing in ten minutes. >> there's the gorsuch hearing, there's health care, there is the fbi director comey hearing that happened yesterday which we are feeling resinate across washington and...
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gary cohen will play a role in it. there's a lot of folks on the team secretary ross on the commerce side. tphrz a lot of individuals that he's assembled a world class cabinet that has a lot of interest in helping grow the economy to attract jobs, create a more favorable tax climate here in the country and also provide tax relief for middle class americans. we're not there yet. >> will it be a trump plan? will bit the president's plan? >> obviously, we're driving the train on this. we're gonna work with congress on this. the president, as you've heard through multiple time, the president will be very clear. this is something he feels passion itself about. we'll have more on that later. john? >> the documents the white house saw here. the executive branch documents. in the early days after the president sent out that tweet, the white house was digging around for anything to corroborate what the president had tweeted out. why did it take the intelligence committee chairman coming here to the white house to view executive
gary cohen will play a role in it. there's a lot of folks on the team secretary ross on the commerce side. tphrz a lot of individuals that he's assembled a world class cabinet that has a lot of interest in helping grow the economy to attract jobs, create a more favorable tax climate here in the country and also provide tax relief for middle class americans. we're not there yet. >> will it be a trump plan? will bit the president's plan? >> obviously, we're driving the train on this....
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now, that's not to say that gary cohen is wrong. when you to the guy in the markets, i'm here on the floor of the stock exchange, it is the promises of those pro-business trump policies that have people enthugsed. we're seeing a bump in the market today. overall this week, some level of slowing. think about this, you'll focus this hour on this health care reform bill and the contentious fight we've got ahead of us. we're not even talking tax policy yet. we can't even think about infrastructure. a lot of this market mouth has been around promises. the question next is going to be timing. >> and about that timing, what are we looking for? what are going be to the bellwethers to you moving forward? >> well, you know, if you actually see those tax policy changes. at this moment, those forgotten americans, those who are frustrated with their wages who can't make ends meet, they don't own stocks. they're in a position where they say i need health care that i can afford. it's one of the reasons people are saying, hold on a minute, presiden
now, that's not to say that gary cohen is wrong. when you to the guy in the markets, i'm here on the floor of the stock exchange, it is the promises of those pro-business trump policies that have people enthugsed. we're seeing a bump in the market today. overall this week, some level of slowing. think about this, you'll focus this hour on this health care reform bill and the contentious fight we've got ahead of us. we're not even talking tax policy yet. we can't even think about infrastructure....
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>> i think, as you noticed yesterday, secretary mnuchin and gary cohen and others on the team talked to the president about the process and i think we are working on engaging with key stakeholders and when we feel it's appropriate that the president is giving the appropriate amount of feedback, we'll talk about the process we envision. at this time, the discussion is ongoing. we recognize -- as you know, we anticipated fully being engulfed in health care and i think we're accelerating that. the president has his team working overtime. he's been giving them feedback as far as what he wants to see and how he wants to see it. but this is a big task. >> is this going to be like health care where we thought we'd see a proposal but in the end the president signed on to paul ryan's plan? >> i would -- first, i would dispute that we signed on to someone's plan. we worked with the house, as you know, we were very on board. i would suggest to you that we signed on to a plan. it was a work that both sides worked together on. we worked with the senate as well. and i think this plan, i would assu
>> i think, as you noticed yesterday, secretary mnuchin and gary cohen and others on the team talked to the president about the process and i think we are working on engaging with key stakeholders and when we feel it's appropriate that the president is giving the appropriate amount of feedback, we'll talk about the process we envision. at this time, the discussion is ongoing. we recognize -- as you know, we anticipated fully being engulfed in health care and i think we're accelerating...
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they write that the treasury secretary steve mnuchin, and national economic council director gary cohenave raised concern, speaking of concern -- theytions of anonymity, are backed by a number of senate republicans who told the white house they would block any bill that create a new tax on imports. the story says the divide has the potential to scuttle one of the presidents top domestic items, tax reform which he views as key to boosting the economy and creating more jobs in the u.s. a small flavor of what is happening economically in washington, taxes. miami florida, democratic line, what is most important to you, ken, regarding the economy. caller: the important thing is the democrats and the republicans are not working together. for the common american people, for average people's economic issues, higher income, more job know, lesses, you federal red tape and so forth. that is the problem. each party has its own political ideology but they do not -- they are not willing to communicate and negotiate and work with people of different points of view. he will notiar, change, you cannot b
they write that the treasury secretary steve mnuchin, and national economic council director gary cohenave raised concern, speaking of concern -- theytions of anonymity, are backed by a number of senate republicans who told the white house they would block any bill that create a new tax on imports. the story says the divide has the potential to scuttle one of the presidents top domestic items, tax reform which he views as key to boosting the economy and creating more jobs in the u.s. a small...
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, deals with his access within the white house where you have stephen bannon pushing for power, gary cohenwho may have more of a wall street wing. i wonder how you react to that when democrats have been already all over devin nunes for how he got this information, now they are saying, wait a second, may be the white house shaped this information to the house intelligence chairman. >> i think that is what democrats have been trying to get from the chairman. there have been concerns that the white house has been working with the chairman of the intelligence committee. obviously, that raises a lot of eyebrows in the sense that there should be separation of powers in government between the executive branch and the legislative branch. the one good thing i will say because this is obviously a developing topic, we don't know all the facts, it a lot of speculation here, but one thing i would say that it seems as if the house process surrounding the russian investigation is falling apart, but thank goodness there are adults in the united states senate working together to have a pretty transparent p
, deals with his access within the white house where you have stephen bannon pushing for power, gary cohenwho may have more of a wall street wing. i wonder how you react to that when democrats have been already all over devin nunes for how he got this information, now they are saying, wait a second, may be the white house shaped this information to the house intelligence chairman. >> i think that is what democrats have been trying to get from the chairman. there have been concerns that...
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trump cannot take any credit for this at all, even his own head of the national economic council, gary cohen it's too early for donald trump to take any credit for these numbers. >> go ahead. >> i mean, look, the economy really turned around and the stock market really turned around on a dime on november 7th of 2016. we saw the rocketing forward of the stock market, we saw in previous months, bob, the highest rate of consumer confidence and investor confidence that we've seen in 25 years. there's something going on here, john, in my opinion, and i think there's a new bounce in the step of the economy. bob is right you can't judge an economy by one or two months' jobs report, but everything that has happened since the election has really been very positive. you can't point to much neg they've's happened since the election in terms of -- >> i'm not pointing to anything negative, steve. i'm simply saying this is a direct continuation of what we had before. the only thing that happened -- wait a minute. the only thing that happened on election day and nearby election tay, soon after election day
trump cannot take any credit for this at all, even his own head of the national economic council, gary cohen it's too early for donald trump to take any credit for these numbers. >> go ahead. >> i mean, look, the economy really turned around and the stock market really turned around on a dime on november 7th of 2016. we saw the rocketing forward of the stock market, we saw in previous months, bob, the highest rate of consumer confidence and investor confidence that we've seen in 25...
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of palace infwreeg whether reince is down and steve bannon is up and what's going to happen to gary cohen toolbox that president trump has to use if he wants to get serious about figuring out how to actually make deals, and i don't mean between democrats, i mean, like between the conservatives and moderates in the connection and mike pens knows how to do this from connection and in theory knows how to work with democrats from his executive experience. we saw him over the weekend in west virginia kind of working that rally and message, but to the extent that they want to follow that biden/obama model of having experienced lawmakers get stuff done, pence is a tool they can make, if they choose. >> if they choose, interesting point. jennifer? >> i'll give you a quick preview of an executive order that trump will be signing in the coming days, as possibly as early as tuesday. it has to do with the clean power plan and regulations regarding coal development. we know that trump wants to roll back those obama-era regulations. this one has to do with addressing measures that dealt with climate ch
of palace infwreeg whether reince is down and steve bannon is up and what's going to happen to gary cohen toolbox that president trump has to use if he wants to get serious about figuring out how to actually make deals, and i don't mean between democrats, i mean, like between the conservatives and moderates in the connection and mike pens knows how to do this from connection and in theory knows how to work with democrats from his executive experience. we saw him over the weekend in west...
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maria: well, we understand the president is meeting with gary cohen tomorrow. they'll talk about the tax overhaul. pretty much on the same page. what is not on the same page as the gop plan again. >> at the white house is going to drive a comment they made a specific plan with their ideas they settle on, which is promising for weeks now. tragedy is not a great supporter just that tax. dagen: they need to put it out there and rather than the same mistake with the health care overall, they need to write it down in shock. at least something more permanent to tell the gop leadership in congress, this is what we want and this is what we are moving ahead on. i can imagine in the fun with a border adjustment tax. >> the border adjustment -- the border adjustment tax is an unequal tax treatment which treats different industries. there are winners and losers. >> exactly. his terse money to lower uses for the economy. dagen: 20% tax on increase with the cost of basically everything sold at wal-mart and target and discount stores to go out. gas prices up immediately. dage
maria: well, we understand the president is meeting with gary cohen tomorrow. they'll talk about the tax overhaul. pretty much on the same page. what is not on the same page as the gop plan again. >> at the white house is going to drive a comment they made a specific plan with their ideas they settle on, which is promising for weeks now. tragedy is not a great supporter just that tax. dagen: they need to put it out there and rather than the same mistake with the health care overall, they...
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coming up, gary cohen on today's jobs report and how he is configuring u.s. gdp productions -- projections. this is bloomberg. ♪ picture under the trump administration. they added over 200 jobs last last -- 200,000 jobs month. david westin asked how the government can keep up that current pace of new jobs. >> remember, in our first 50 the 50 dayay is halftime. a seven weeks ago today was inauguration. had anst 50 days, we've enormous amount of ceo traffic into the white house. announcements from ceos whether it be the automobile manufacturers, intel. you have seen announcements about people holding manufacturing back to the united states. remember, those jobs are not in these numbers. those jobs will come in the future. they'll come 12 months from now. we think there is enormous demand for american workers built in the system. that is going to naturally grow demand for workers. it will be a norm is trickle-down. we are excited about the job prospects in america. you have a good part of your team together. steve mnuchin at treasury and various people in place.
coming up, gary cohen on today's jobs report and how he is configuring u.s. gdp productions -- projections. this is bloomberg. ♪ picture under the trump administration. they added over 200 jobs last last -- 200,000 jobs month. david westin asked how the government can keep up that current pace of new jobs. >> remember, in our first 50 the 50 dayay is halftime. a seven weeks ago today was inauguration. had anst 50 days, we've enormous amount of ceo traffic into the white house....
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>> i think, as you noticed yesterday, secretary mnuchin and gary cohen and others on the team talked to the president about the pres a i think we are working on engaging with y stakeholders. when we feel it's appropriate, that the president is given the appropriate amount of feedback, we'll start to set out the appropriate outline and process that we envision. but at this time that discussion is ongoing. we recognize -- as you know, we anticipated fully being engulfed in health care right now, and i think that we're accelerating that. the president has his teamworking overtiteamwork i -- team working overtime. he's giving them feedback of what he wants and how he wants to see it, but it's taking time. >> is this going to be like the health care where we thought we were going to see a proposal from the white house, but in the end the president signed on to paul ryan's plan. >> i dispute that we signed on to ryan's plan. we worked in the house, and i would suggest to you we did not sign onto a plan. it was something both sides worked on, we worked with the senate as well. i would assum
>> i think, as you noticed yesterday, secretary mnuchin and gary cohen and others on the team talked to the president about the pres a i think we are working on engaging with y stakeholders. when we feel it's appropriate, that the president is given the appropriate amount of feedback, we'll start to set out the appropriate outline and process that we envision. but at this time that discussion is ongoing. we recognize -- as you know, we anticipated fully being engulfed in health care right...
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>> i think, as you noted yesterday, secretary mnuchin and gary cohen and others on the team talked to the president about the process. i think that we are working on engaging with key stake holders. and when we feel it's appropriate that the president is given the appropriate amount of feedback, we'll start to put out the process we envisioned. but at this time that discussion is on going. as you know, we anticipated fully being engulfed in healthcare. i think that we're accelerating that. the president's got his team working overtime. he's been giving them feedback as far as what he wants to see and how he wants to see it. >> is this going to be like healthcare to date where we thought we were going to see a proposal from the white house. in the end the president signed on with paul ryan? >> yeah. first i would dispute that we signed on to someone's plan. we worked with the house, as you know from the president's statements. we were very on board. it was a work both sides worked together on. i think this plan i would assume that hopefully we would come up with a plan that we all agre
>> i think, as you noted yesterday, secretary mnuchin and gary cohen and others on the team talked to the president about the process. i think that we are working on engaging with key stake holders. and when we feel it's appropriate that the president is given the appropriate amount of feedback, we'll start to put out the process we envisioned. but at this time that discussion is on going. as you know, we anticipated fully being engulfed in healthcare. i think that we're accelerating...
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>> as you noticed yesterday, secretary the notion and gary cohen and others on the team talked to the president about the process. we are working on engaging with key stakeholders. when we feel it is appropriate, we will start to put up the appropriate outline that we envision. of this time, that discussion is ongoing. being and health care right now. we are accelerating that, the president has his team working overtime. he has been giving them feedback as far as what he wants to see and how. this is a big task, will get to it. this going to be like the health care debate, where we thought we would see a proposal but in the end the president signed on paul ryan's...? >> first i would dispute that we signed onto someone's plan. we worked with the house. the president was on board. it was a work that both sides work together on. i think this plan, i would assume, that hopefully, we could come up with a plan we all agree on. the president will put up principles i am sure as we have already done in terms of his goals and how he wants to drive this as the process moves forward. i'm sure we
>> as you noticed yesterday, secretary the notion and gary cohen and others on the team talked to the president about the process. we are working on engaging with key stakeholders. when we feel it is appropriate, we will start to put up the appropriate outline that we envision. of this time, that discussion is ongoing. being and health care right now. we are accelerating that, the president has his team working overtime. he has been giving them feedback as far as what he wants to see and...
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gary cohen might be somebody who is more prone to that. can you just discuss, is the president considering a carpwopb tax? what are sort of the various things going on in the white house? >> i think there's a robust debate going on with respect to comprehensive tax reform. as we mentioned, our goal right now is to get through thursday. and that's what the president has talked ab very publicly. we need to get obamacare repealed and replaced an move on to tax reform and some of the other trade reviews that we talked about. immigration. there's a lot of things on the agenda. i will just tell you that obviously there's a lot of people who recognize that we haven't had comprehensive reform since 1986. there's a lot of pieces in this that we need to examine and get to. there's a lot of voices and opinions that get shared with him. so i'm not in a position where i'm going to get into commenting on piece meal on where it is. that's even more reason to get past thursday. when you look at the week ahead real quick, glenn, in terms of this, the repea
gary cohen might be somebody who is more prone to that. can you just discuss, is the president considering a carpwopb tax? what are sort of the various things going on in the white house? >> i think there's a robust debate going on with respect to comprehensive tax reform. as we mentioned, our goal right now is to get through thursday. and that's what the president has talked ab very publicly. we need to get obamacare repealed and replaced an move on to tax reform and some of the other...
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. >> by the way, you also had gary cohen. paul ryan. you had, again, all of the players, i'll just be blunt, that we hoped would have more influence over donald trump going in and having that influence. >> would have the ear of the president. >> had the ear of the president. >>> we are just getting started here. the vice president of the united states mike pence joins us live on the set. also senate minority leader chuck schumer and senator ted cruz and hive interview with house minority leader nancy pelosi. >>> but, first, bill karins, with the weather. >> good morning. unfortunately, three fatalities related to tornadoes last night. areas of missouri and illinois the hardest hit and ottawa, illinois, as the sun was setting and numerous homes just completely destroyed. one fatality in that area. as far as the storms go this morning they are going from strong this morning all the wail to the east coast later on this evening. the worst of it now kentucky and illinois. also in portions of all of tennessee so watch out in nashville about t
. >> by the way, you also had gary cohen. paul ryan. you had, again, all of the players, i'll just be blunt, that we hoped would have more influence over donald trump going in and having that influence. >> would have the ear of the president. >> had the ear of the president. >>> we are just getting started here. the vice president of the united states mike pence joins us live on the set. also senate minority leader chuck schumer and senator ted cruz and hive interview...
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gary cohen will play a big role, i think our legislative affairs team will play a role. there's a lot of folks on the team, secretary ross on the commerce side. there's a lot of individuals that he has assembled, a world-class cabinet that has a lot of interest in helping to grow the economy to attract jobs, create a more favorable tax climate in the country, and also to provide tax relief for middle class americans. so we're not -- we're not there yet. >> will it be the president's plan? >> obviously, we're driving the train on this. i mean, we're going to work with congress on this, but i think the president, as you have heard through multiple times, the president be very clear, this is a huge priority for him, something he feels very passionately about. and so we'll have more on that later. john. >> sean, the documents that chairman nunes saw at the complex described at his office were xejative branch documents. in the early days after the president sent out the tweet, the white house was digging around for anything that would kwauberate what he sent out. why did it t
gary cohen will play a big role, i think our legislative affairs team will play a role. there's a lot of folks on the team, secretary ross on the commerce side. there's a lot of individuals that he has assembled, a world-class cabinet that has a lot of interest in helping to grow the economy to attract jobs, create a more favorable tax climate in the country, and also to provide tax relief for middle class americans. so we're not -- we're not there yet. >> will it be the president's plan?...