both hank paulson and gary cohen went from wall street to washington.aulson went on to establish the paulson institute. it aims to foster a stable relationship between the u.s. and china. when he spoke about the current state of that relationship, the former treasury secretary had blunt words for both sides. hank: i believe we are headed in precisely the wrong direction. we are heading for more decoupling, not less, despite professions of constructive intent from washington and beijing. last year at this forum, i spoke of the barriers to the flows of goods, capital, people, and technology. some pre-dated the current trade disputes, others are a result of it. flows of goods, for example, have been impeded by the failure of china to open big parts of its markets to foreign competition, and they have been further impeded by unilateral or retaliatory tariffs from the both the u.s. and china. beyond goods, i also warned about interruptions to the flows of people. and indeed, these have been impeded by new restrictions on visas, people-to-people exchanges, an

and then gary cohen talks about the president will not flirj on december 15th. which i agree.on't think we're closing to a deal than back in march. but the market doesn't seem to care i'm shocked the vix has a 13 handle and the s&p at all-time high quickly though, the russell measured which iwm that topped in august 203. the russell telling a dinner than pan the broad are market. the 160 level in the iwm i think it turns lower i think -- what there is a bull market appear bubble in is absolutely in complacency in my opinion. >> i'll mention, that i'm the last bull to capitulate there, harvey when he mentioned. >> did you call yourself a bull. >> whatever. the upshot is, at late 17 after we had the tax cut we saw the market explode it seemed like everyone throwing caution to the wind. we spent nine months after that in milling around here not making any progress. then they went become and made a new high and dropped 20% in late 2018 so, you know, at the end of the day i think the complacent markets guy mentioned vix at 13, people not pricing any risk to a non-deal happening, se

no rationale for the bad one - - op-ed there were guard rails in place people like jim mattis or gary cohenand the others. or john kelly. all this people are gone now. so i think the rationale for this book is different for the rationale of the column and it t is shakier rationale. >> i have no idea who wrote it i will not spend too much time guessing. >> does it matter quex. >> i don't think because if you take the message seriously then you have the message. joe klein and jerry side gentlemen thank you. articipatin. >> there is absolutely no subculture other than who the enemy is in the nature of the enemy those are a complete anarchist and to do a citizen of the world that i don't own allegiance and those that will get the country back. other than who you are against because the press would be painted the same but when you sit down sometimes they are actually favor so it is hilarious. of how many different factions there are. or the hillary types are the bernie sanders types that genuinely loathe each other. genuinely loathe each other. . . . . we are

he was more into the bumper sticker approach and i think both matus and gary cohen wanted to give himhe in depth and he was not too keen to hear it. men: you write that both matus and tillerson were respondent. remainder of the meeting president trump veered from topic to topic like a squirrel caught in traffic. guest: i bring out the most important lesson learned especially for someone like myself who was in charge of the message and that is the next time president trump came over it was all pictures, no words. show him photos. engages interest. capture his excitement about the topic at hand. don't try to give him a lecture. we learned the president didn't respond well to people who were going to lecture him. host: did that frustrate the secretary? guest: when you are an expert in your field and a senior leader does not have the depth of knowledge you would like to believe they are going to give credence to what you're saying and they are going to show an interest in getting into the nuts and bolts. host: the book is called holding the line by commander guy snodgrass. , retiredn-sale

gary cohen saying they took documents off the president's desk.ore he stepped down in protest resisted as best he could some of the president's decisions regarding military policy here. is there concern about there being substance to this genuine disagreement and alarm at the president's decision making inside the administration? >> reporter: and jim, more recently, we heard nikki haley was approached by rex tillerson to help stand against the president from doing things they felt would be detrimental. so this repeats a pattern that we have heard from former administration officials about what was going on in the white house. and the white house has said about the anonymous book not only was it a work of fiction, but full of lies. the reason for that is it's the person would come forward and said these things, they could rebut it. it shows that it's lies. well, if this person comes forward as they say and put their name on it, if this person ends up being a lie level senior official it will be much harder for the white house to make that argument.

people like jim mattis, gary cohen and the others. john kelly.all those people are gone now and so i think that the rationale for this book is different from the rationale from the column and it's a shakier rationale. >> last word. >> i have no idea who wrote the book and i'm not going to spend much time guessing. >> does it matter? panic it doesn't really matter because if you want to take the message seriously rather than the messenger. >> jeff mason of reuters and joe klein author of primary colors, gentlemen, thank you for participating. >> thank you. >> you are watching the tv on c-span2 top nonfiction books and offers every weekend. booktv, television for serious readers. here's programs to watch out for this holida over the weekend. on sunday >> thank you very much marco the strand was founded on fourth avenue book roads

gary cohen. go there any number of officials who were in that white house who would pretty much be telling you exactly the same thing. >> it's not me. i pwould put my name on it. >> anthony, who is it then, anthony. >> i think brett's on to something. i actually think it's somebody that's just under that level of people. i don't want to name names because i think that'd be very unfair to people. >> but within that space. >> yeah. i think that person got licensed from people like who brett is referencing. meaning it was a person just under that level said, look, this is crazy. we've going to let "the new york times" know we're in here trying to contain a crazy situation and i think the writing of this is primarily because that warning, that surgeon general's warning label, has gone unheeded by so many elected republican officials. >> what is the temperature right now in the white house you think looking outside in? >> they've got me cut out. i'm not a guy that's going to make up something. but kno

and we speak live to the former white house chief economic advisor gary cohen. up, a new community pro or a new economy -- for a new economy. we bring you exclusive interviews with the credit suisse chief executive, ubs, and many more. welcome to "bloomberg surveillance". i am a francine lacqua. before we get to any of those interviews, let me just have a quick check on the markets for you. look at stocks dropping in europe. asia was a mixed session. fromcomes as support congress for protesters, kids prospects of a trade deal. we are also looking at bonds edging higher. beijing's chief negotiators says he is cautiously optimistic after a phase one trade deal. let's get straight to first word news in new york city. >> rudy giuliani and donald trump demanded a quid quo pro from ukraine. is astunning admission damaging testimony for president trump. he went on to say giuliani was holding up a white house meeting unless ukraine announced investigations. the latest debate, democrats focused on president trump and largely avoided fights. there were differences over cl

he was more into the bumper sticker approach and i think both matus and gary cohen wanted to give himn depth and he was not too keen to hear it. men: you write that both matus and tillerson were respondent. remainder of the meeting president trump veered from topic to topic like a squirrel caught in traffic. guest: i bring out the most important lesson learned especially for someone like myself who was in charge of the message and that is the next time president trump came over it was all pictures, no words. show him photos. engages interest. capture his excitement about the topic at hand. don't try to give him a lecture. we learned the president didn't respond well to people who were going to lecture him. host: did that frustrate the secretary? guest: when you are an expert in your field and a senior leader does not have the depth of knowledge you would like to believe they are going to give credence to what you're saying and they are going to show an interest in getting into the nuts and bolts. host: the book is called holding the line by commander guy snodgrass. , retiredn-salem mi

contributions to this nation and congressman cohen --nd congressman congressman cohen, thank you for being here. i have with me mr. gary hannah, and also my chief of police, and i have my fire chief, mr. kenneth pierce what happened on the day of the raid was supposed perpetrated by i.c.e. i want to take you back to august the seventh, 2019, where without warning or acknowledgment, i rated pico portrait for the purpose of identifying -- raided pico portrait for the purpose of identifying undocumented immigrants who worked there. seven industries in the state of mississippi rated force -- raided by i.c.e. the purpose of accomplishing and intending mission. as the mayor, i was never notified. or informed about the pre-plans or imminent rate of our businesses here in the city of canton. dental --ry was acted accidental and the consequence of a citizen informing me that picos, was at carrying workers away by handcuffs, and two were transported to the national guard armory in mississippi. i approached one of the i.c.e. officers and introduced myself as the mayor of the city of canton. i requested to speak with whomever was