he will be with gary cohn in camp david over the weekend. there's going to be a legislative session, a brainstorming session. gary cohn will be there along with a bunch of others i talked to gary this morning, said are you going to stay here at the white house he said, yeah, i'm going to be here today and all next week typical gary, very cheerful, upbeat no indication he's leaving any time soon. >> eamon javers. we're figuring out what the word is not hard. >> reporter: keep thinking. >> i'm thinking. thank you. michael wolff for his part defending his explosive account of the chaos in the trump white house. your next guest was one of six guests along with steve bannon and roger ailes who were at a dinner party she says every word from that evening which is detailed in the book is completely accurate. janice min, welcome to "power lunch. >> hi. >> thank you very much for joining us. >> thanks for having me. >> i saw your sbrinterview on "morning joe." i appreciate you coming on "power leverage. credibility of michael wolff, you worked with,

purporting to represent the views of gary cohn and quite sui singly summarizing the white house. quote -- a senior white house official tells nbc news cohn never wrote such an e-mail and claims about his thinking in the book are 100% untrue. joe. >> which, of course, they would say. 100% untrue. 57% untrue, but there is literally nothing attributed to gary cohn in this book. he feels the opposite. entire, impure. >> yeah, exactly. megan, hi, he doesn't read. he didn't read. i remember one time in a let's just say a tense meeting with donald trump. i actually afterite after the first debate. okay, we disagreed on his performance. i thought it was horrible. he thought it was the greatest performance debate ever. don, let me ask you a question. do you read? he stared back at me and made mika a little nervous for me to be insulting the guy. i go, do you read? if somebody wrote you a one-page memo, and wrote a one-page memo for every issue, could you read it? and he lifted up his bible, his childhood bible. he goes, of course, i read. that was the wrong book for him to hold up to say h

steve mnuchin and gary cohn want to stay the course the biggest wild card is nafta republican senators and governors have been seeking assurances from the white house that the u.s. won't withdraw at one meeting in early december, a source says senator

no surprise president trump wants to talk about the strength of the markets, deregulation, gary cohn t speech for him in davos. gary already has put out a piece with cnn today talking about the year we've had and how strong the economy is. but it's not fair to say that this is a united white house in terms of immigration and trade because how does a president simply say, you know, we've got a lot to say when gary cohn and wilbur ross aren't even on the same page as it relates to nafta. trade hasn't been a one-way street. >> i was surprised to hear him say in that little preview that trade would be a big part of the speech tomorrow night. i will confirm a victory lap for beating isis and shoutout to neil gorsuch but mostly i'm looking for him to frame the daca deal. this is a unique opportunity for him to talk to democrats saying we have 1.8 million standing in line and you need to help me get them regularized and the border secure. of course he's going to talk about the markets. we talk about how he loves to talk about the markets. but framing that daca deal, that's what matters the m

director of national economic counsel, gary cohn, our tax guy. our tax man. where is gary?ary, did a good job on those taxes. everybody being helped by those taxes, huh? big tax cuts. as well as a number of outstanding members of congress, representative lou barletta. he has been a friend of mine for a long time. here is another one. mike kelly. mike. i won't have you go through and over those gates. pat mehan. thank you, pat. great job you do, pat. these are like real friends of mine for a long time. representative keith rofsus. does everybody know him? keith, thank you, keith. thanks for being here, keith. a man that everybody in washington knows and so respects, bill schuster. bill? thank you, bill. representative g.t. thompson. and a person people are hearing more and more about, a real friend and spectacular man, rick saccone. [ cheers and applause ] and mrs. saccone. special people. thank you for being here. my daughter, ivanka, is also with us here today. she worked so hard on the child tax credit. ivanka, come up here, will you? come on up. and a very special thank

let's start with how gary cohn framed the u.s.dministration saying it's america first, not america alone. do you think that's a fair framing of the actions president trump has taken so far in office and do you welcome those actions? >> i feel like it's a great gesture, and the more we can send a delegation here and get involved in the global economy, the better gary is right. what's good for the global is good for america and vice versa. it's a great sign that so many people are coming over to hear the world views here in realtime and in davos >> do you think the president's actions so far have been one of america first or america alone i bring up the point of some tariffs imposed on things like solar panels yesterday that sort of action, does it concern you? likewise when we've seen negative headlines around nafta in the last year or so, is that something that concerns you going forward? >> the u.s. economy is actually doing very, very well. i think the president ran on an agenda to try and really bolster the middle of the countr

reporter: and will he remain with gary cohn? president trump: yes -- i hope so, he was here. did you hear the question, gary? mr. cohn: i did not. president trump: will gary cohen continue or remain in the administration? i said, i hope so. if he leaves, i will say i am very happy he left. [laughter] come here, gary. are you happy, gary? mr. cohn: yes, i am happy, how is that? president trump: he will hopefully stay for a long time. yes, ma'am? reporter: are you willing to engage in phone talks with the president of north korea? president trump: i believe in talking. [indiscernible] i will be absolutely -- i would do that, no problem at all. reporter: so no prerequisites to coming to the table and talking with them? president trump: look, right now, they are talking about the olympics. it's a start. if i were not involved, they would not be talking about the olympics right now or it would be much more serious. he knows i'm not messing around, not even 1%. he understands that. at the same time, if we can come up with a peaceful and good solution, we are working on it with rex,

so gary cohn and m.r.r with sarah sanders minutes from now live from the briefing room here on fnc. as democrats face off with the white house over immigration, president trump's infrastructure plan has leaked to the media, again, it's axios breaking another story and publishing what they report is a draft copy of the infrastructure plan. how to fix all the country's roads and bridges and airports. it was one of -- it was candidate trump's major campaign promises. last month the president said infrastructure would be the perfect place to start working with democrats. adam shapiro with the news. what are some of the major details of this leaked plan, adam? >> the white house won't comment about the leaked plan. how does $200 billion as seed money to leverage $1 trillion in capitol improvements to road, brings, waterways, transit systems throughout the country? that's what they're talking about, again, the white house won't confirm it. buried within the plan, take a look at the video when new york city opene

vonnie: gary cohn, the white house national economic director counsel. bloomberg business flash, the biggest stories in the news right now. emerging-market investor mark mobius is calling it quits, he will retire at the end of the month. he is 81 years old and has been with frank when doubled in for more than 30 -- frank when doubled in 430 years. -- for 30 years. his messi has something in -- he is the world's best soccer player five times. coming up, the battle of the charts, the commodity come back. this is bloomberg. ♪ ♪ time for our global battle of the charts of a look at the most telling charts of the day and what they mean for investors. nor did in our efforts yesterday thankk you, mark barton, you president donald trump we will not be forwarded -- th warted today. >> passive versus active. this chart tells a different tale, in the white bars is the s&p 500 sector dispersion. the best performance sector versus worse each year. 2017, the spread is at its highest since 2009. what else, the average correlation between stocks is the blue line, it fal

. >> will gary cohn continue to remain? >> i hope. where is gary? is he here. gary? did you hear the question, gary, in this beautiful hangar that is freezing. >> i did not, so. >> will gary cohn continue and remain in the administration? i hope so. if he leaves, i'm going to say i'm very happy that he left, okay? all right? come here, gary. are you happy, gary? you just passed a very big bill. >> yes, i'm happy. how is that? >> gary, hopefully will be stay for a long time. cancer challenges us. to find smarter solutions. to offer more precise and less invasive treatment options than before. like advanced genomic testing and immunotherapy. see how we're fighting to outsmart cancer at cancercenter.com/outsmart i'm to help you park safelyball danin your garage.ring it's part of my new year's resolution: no more mayhem. making sure your car is pulled in far enough... but not too far. ♪ we believe in food that's anaturally beautiful,, fresh and nutritious. so there are no artificial colors, no artificial flavors, no artificial preservatives in any of the food we sell. we

. >> i'm for gary cohn. >> we know how that turned out. >> he did a great job on taxes i'm terrifically to come down here every friday. >> you tweeted out today you think it's a good thing, bannon, your supportive, previously. good thing he's gone. >> steve ban ennnon and i are friends. treated me great his policies always troubled me. he wanted to raise tax rates on the most successful people in fact, h e wanted the top rate to go from 39.6% to 44%. steve moore and i on several occasions tried to talk him out of that. he has this notion that we want to hurt the upper end in order to help the middle that's just economic nonsense. it's economic illiteracy you want everyone, in fact, the basic definition of populism is prosperity for all that's the most populist thing any administration can possibly do and steve bannon's economics, you know, would have ruled that out. >> he's also anti-trade. >> fierce protectionist, wanted tariffs everywhere, wanted no deal the anywhere. he was for the b.a.t. tax, imports and so forth. >> border assessment tax. >> populism, okay, populism is so ordinary

as suggested by gary cohn. kathy: i do not think it will happen very quickly.hink it will take some time for deregulation to work its way through the system to produce the kinds of results that would cause the long end to sell off. in terms of all the regulatory changes and the tax changes, i'm more focused on the high-yield market at this stage of the game than i am about the financials. jonathan: we are going to talk about credit in just a moment, i do want to get your thoughts, krishna on the inflation dynamics. break even rates are picking up. are we thinking about inflation this year as a tale rift? do you need to hedge out or a base case that is going to materialize through this year? krishna: i think, as michael was saying, that's the great mystery. inflation would pick up a tad. i don't think it picks up a lot. if it picks up a lot, we will see a much more forceful response from the fed to get us into a recession. two phase that out. counting on breakevens picking up in a big way, i don't think it is in good context. jonathan: a really interesting note

thanks so much, ali. >> gary cohn reportedly wrote that speech for the president to deliver in davos.>> a lot was happening elsewhere in the world of trade. negotiators from the united states, canada, and mexico were engaged in their sixth round of talks to update nafta, an agreement that trump has threatened to walk away from. canada announced it will be joining ten other countries as part of a revised trans-pacific partnership, a deal the president did walk away from a few months after he took office. earlier this week the president signed off on tariffs on foreign-made solar panels and washing machines. >> and the u.s. is still a major player, you cannot understate that, but the world is moving on. europe, japan, china, all moving on. i mean, you have to realize, the fact that justin trudeau announced tpp being renewed while they were in davos, that says a lot. and some concern about this argument, it's a huge drain on our system. it's not. >> you look at what happened immediately after the u.s. pulled out of that deal. the other countries in that tpp partnership meeting with each

we talked to gary cohn and he talked about the deregulation around banking.o you think there is a reason for the u.s. long end to sell off sharply if the banking deregulation bill kicks in around q1 as suggested by gary cohn? kathy: i do not think that will happen very quickly. i think it will take some time for deregulation to work its way through the system to produce the kind of results that would cause the long end to really selloff. in terms of all the regulatory ianges and the tax changes, am more focused on the high-yield market at this stage in the game that i am about the financial. jonathan: we will talk about credit in a moment. krishna, i want to get your thoughts on the inflation dynamics. break-even rates are picking up. are we thinking about inflation this year as a tail risk, if you need to hedge out, or will it materialize through the year? krishna: as michael was saying, that is the great mystery. i think inflation would pick up a tad. i do not think it picks up a lot. if it picks up a lot, i think we will see a much more forceful response f

i think gary cohn answered the question very well.disagree, but to me, it was an example of the media would never, ever, piv -- give any credit possible to anything that president trump does. >> absolutely, stuart, and that reporter must be having too many swish meals with nancy, marie antoinette pelosi, they are giving out crumbs. jamie dimon with big policy differences with donald trump, 20,000 net new jobs, 400 branches opening. he is no friend with donald trump but he sees what is happening with the economy. he wants to make his company better. that is what the whole tax cut is about. that is what we're talking about. stuart: i think american business was put on trial almost by these tax cuts because business got almost everything it wanted. now the question is, what will it do for us. you got what you wanted, what are you doing for us. i think we're passing the test. what say you? >> not only passing the test. this is not just trickle down. this is building up this is creating new jobs, new opportunities, new factories. the whole

hasn't been there >> yeah. >> i do think they miss gary cohn he was commodities going back to the j aaron division that goldman sachs had. to pete's point when looking tat stock, i think pete is hinting at the fact that possibly the stock is closer to a bottom. the one good thing in this report is value at risk from the commodities business is at lowest level since 2003, so at least they've neutralized a lot of the that risk and it does leave a significant opportunity for a rebound in the zbigs dwigs. >> off to a good start post nine. here's what else is coming up on the halftime report. >> it's one of the worst performers for the dow jones industrials in the last year but one wall street firm sees value. upgrading the stock to buy today. it's not ge. it's not ibm see what it is next. plus, sarat releases his performance for 2017 when you see the number, you're going to want to follow his portfolio in 2018. the halftime report with scott wap ner and the traders is back in two minutes iving specific ses of out performance. where a rising middle class powers a booming auto industry.

general mcmaster, gary cohn. wash is a place, if you don't have thick skin, you shouldn't look for a job. >> yesterday the white house defended the president's relationship with wilber ross saying the president has 100% confidence in the secretary. the question is, is that an endorsement or the kiss of death? take a look. >> do we not have the sound ready? >> yes. >> first of all, sean spicer is a fine person. >> i thought dr. tom price, who is amaze go on health care and his knowledge. i thought did he a fantastic job. >> of course not long after, that flynn, spicer, price. when they say that president trump has 100% confidence in wilber ross, should he start packing his bags? >> no. we've reported on a lot of them that haven't taken place. i think it is part of who trump is and part of the white house. i think it is exhausting. and they have the added problem that they have not staffed up the federal government in some of these appointments the same way another administration would have. so they're running with

producer tell me, do we have gary cohn with us yet? we do.just said yes in my ear, joining us now national economic council director gary cohn, gary, welcome back to the program, great to see you. >> of course, i'm with you. stuart: just before the new year i think just before the tax deal went through, you had a room full of ceo's, all right, how many of you are going to invest more when we get the big tax break, very few hands went up and you said, why so few, well update that now because how do you feel about businesses' response to tax cut you gave them? >> first of all, that room when you look intoed the room it was not the ceo's of america but i'm not going to spend a lot of time talking about that. look at what's happened since we announced tax reform in just two weeks we've had well over 100 companies announce year-end bonuses, 401(k) contributions or increase to minimum wages for about a million workers in the united states. so a million workers in the last week of 2017 got a surprise just because of tax reform package and that is so

. >> and will gary cohn continue to remain -- >> i hope so. where's gary, is he here? he was here. >> did you hear the question, gary? in this beautiful hangar that's freezing? >> i did not, sir. >> they said will gary cohn continue or remain in the administration. i said i hope so. now, if he leaves, i'm going to say i'm very happy that he left, okay? all right. come on, gary. come here. are you happy, gary? he just passed a very big bill. i think he's happy. >> yes, i'm happy. how's that? >> gary hopefully will be staying for a long time. >> just a follow-up on the conversations between north korea and south korea. are you willing to engage in phone talks with kim jong-un right now? >> sure. i always believe in talking. i'm very firm but i would be very -- absolutely i would do that, no problem with that at all. >> so no prerequisites to coming to the table and talking with him? >> that's not what i said at all. look, right now they're talking olympics. it's a start. it's a big start. if i weren't involved, they wouldn't be talking about olympics right now, they'd be

. >> i would say, it is gary cohn sanitized. because the president likes america first, america first. earlier this week, we heard gary setting the stage. america first is not america alone. but what i seem to hear in there is america is a little bit spooked. the president, and wilbur ross's, understanding of where we are in terms of world trade out of trade. whether you're talking about justin trudeau or other world leaders, tpp marching on without us. the president suddenly saying, we want to re-negotiate not just bilateral agreements but more. have they heard the message that we're not the massive superpower, while we are still massively powerful, we don't control the show? >> reporter: that's right. i mean, that speech was the anti-trade version of a rum punch on a sunset cruise. it was really watered down. the one time the president made another reference to america first, he said, america first doesn't mean america alone. as you pointed out, some of the comments he made about in and out turning a blind eye to intellectual t

gary cohn shot that down. the other you mentioned the fact that the president wasn't speaking out for human rights when in fact they had to reinmind the press this president attacked syria after they used wmd. he mentioned a number of other points the president is insist extent on human rights. melissa: a long list. you want us to go to our panel. here we go. moments ago, white house press secretary sarah sanders slammed bipartisan immigration agreement proposed to the p take a listen. >> unfortunately the flake-graham-durbin agreement does not meet the ben marks, it would not secure the border, encourage more legal immigration and end to chain migration and end to visa lottery system. in short it is totally unacceptable to the president. it should be declared dead on arrival. melissa: here to react, hadley heath manning independent women's forum, and richard fowler. hadley, senator schumer has taken a beating in the aftermath of this little teeny, tiny shutdown. how do you see things shaping up from here? >>

sees a sell of part of the same game as gary cohn put it and if we look at the things that stephen newton the u.s. secretary of treasury said speaking about world trade he said about the recent slump in the u.s. dollar he said a weak dollar is good for us cared because of a davos for us thank you. not just the world's most powerful politicians a leading figures from the business world who are gathering in davos and recent years more and more young people have also joined the global elite as participants young people under the under the age of thirty so called global shapers are invited to take part in discussions on a large variety of topics we've met up with some of them. a brief moment to enjoy the view and then off she goes to the next appointment twenty four year old italian clara latina isn't dabbles to take part in discussions as is and a twenty six year old tech entrepreneur from germany thirty year old greek daisy cutter. is currently debating the rejuvenation of europe. i suspect from. a shared responsibility. to allow the youth. assists its future to hear the voice of hughes and

gary cohn will be joining him as well. jon made big news the last time he talked to gary cohn.♪ >> 30 minutes until the start of trading, this is the start of the open. ♪ jonathan: it is payrolls friday. a worse than expected rise of 148,000. wages come in and line. growth rich, inflation poor. it inflation pressure cools. it is a clean sweep of all time highs. the s&p 500 heads to its best we can over a year. as we count you down to the opening bell in new york city, the futures of 9 on the s&p 500. another record of the cash opening in 30 minutes. in the bond market we fade the initial post payroll reaction. a similar move in the fx market. euro-dollar at 1.2050. onare off the high we were when the payroll came through. we begin with the payroll report . th

joining us is gary cohn, the white house chief economic adviser coming off what was a very welcome speechn davos, gary, that i've been told or at least have reported that you were behind and written. so congratulations on that what is it that we can hear tonight given how divided this country is that you think can be pursued in a bipartisan basis? >> well, thanks, andrew. thanks for having me on this morning. you know, i think tonight you'll hear a continuation of what the president was talking about in davos. he will talk about the strength of the american economy. he'll talk about how america is open for business. he'll talk about how we're competitive in the world he'll talk about job creation and how we can hope for higher wages and more participation in the labor force and how he's driving companies to grow their businesses in america because that's really one of the key components of president trump's economic platform. he'll also talk about infrastructure, which is the next leg of the stool in our economic agenda. we started with reg reform, we went on to tax reform and now we're o

mcmaster and gary cohn as part of that press briefing >> thank you, sarah.to be here with general mcmaster as sarah said, we're going to the world economic forum to share president trump's economic story and to tell the world america is open for business we want the world to invest in america and to create jobs for hard-working americans president trump's economic agenda has unleashed the u.s. economy and we are growing his policies have led to a rising stock market, low unemployment and strong gdp growth the administration's commitment to deregulation and our passing of comprehensive tax reform have helped level the playing field for our businesses and our workers. as a direct result, president trump's tax reform and tax cuts over 100 companies have announced policies that will create jobs, benefit our workers and grow our economy this story will only get better as we continue to invest and rebuild america's infrastructure at the world economic forum, we will reiterate america's commitment to domestic and global economic growth and prosperity strengthen clo

you heard gary cohn saying they will be facing a lot of snow when they arrived. , i was struck by the emotional dissent he gave of the america first philosophy, which he really recast as not necessarily an america first philosophy, but what is good for america is good for the world, what is good for the world is good for america. not something we have heard president trump say exactly that way. scarlet: he said america first, not alone. it is all about the president selling his accomplishments to the world leaders. >> as soon as the news broke that trump would go to davos, everyone was, how will this work, they are all into free trade, may be trumped not so much, and they are saying, it is not compatible. who knows? you could try to drill down and see if it is or is not, but this was their answer to at least explain the next few days. whether it ultimately is, who knows, but this is how they are squaring the circle for now. scarlet: in addition to having dinner with european ceo's, the president will be meeting with world leaders, with prime minister netanyahu of

he was joined by commerce secretary wilbur ross who said nafta talks were reopening last night gary cohnd trump's message would be that america first does not mean america alone. >> we're going to the world economic forum to share president trump's economic story and to tell the world that america is open for business we want the world to invest in america and to create jobs for hard-working americans president trump's economic agenda has unleashed the u.s. economy and we're growing. >>> despite that message from the white house, there has been an outcry, a collective outcry here at davos over the trump administration's latest protectionist measures, slapping tariffs on solar imports speaking this morning, ceos and policymakers emphasizing the importance of open trade >> global trade is a great and important mechanism for economic growth so when you start to implement tariffs, you have to be careful about unintended consequences. >> the u.s. economy is very strong that is an excellent sign. it's an excellent sign for companies like ourselves doing business in the u.s., but also for the r

betty: that was gary cohn talking to jonathan ferro.e reportedly has been saying in that book, "fire and fury." has been twitter coming under increasing pressure, they have had to defend their decision to allow president trump to continue his controversial tweets to remain on the platform computing in a blog post, they said that blocking a world leader from twitter would hide important information people should be able to see and debate. it would also not silence the leader but certainly hamper necessary discussion around their words and actions. but those who say he should be banned say he is violating the terms of service just like any other twitter user. the things he is saying, particularly against the north korean leader, they say is abuse. haidi: absolutely. i suppose there is also the acurity concerns about world leader making war threats in a tweet, not to mention offensive to minorities and women that have been allowed to stay out there, as well. over the weekend with donald trump, not just his allies defending his fitness for

in the words of senior white house economic advisor gary cohn: "america first is not america alone".ent goes that if the world‘s biggest economy is doing well, the whole world benefits. this week the international monetary fund upgraded it‘s global growth forecast to 3.7%, partly because of president trump‘s tax cuts. but is the protectionist rhetoric having an effect? last year, foreign direct investment, when companies invest in foreign countries, fell 16% around the world. in north america, the fall was even bigger — 33%. despite that, the us was still the most popular country to invest in, attracting more than $300 billion from abroad. on thursday evening president trump hosted a dinner for the bosses of europe‘s top companies, the likes of nestle, siemens and adidas. that was all to convince them to invest more money in the us. i just want to say that there has been a lot of warmth, a lot of respect, for our country, and a lot of money — billions and billions of dollars is coming into the us, and people are very happy with what we‘ve done. not only on the tax bill, but cutting o

. >> and will gary cohn continue to remain -- >> i hope so. where's gary? he was here. gary. did you hear the question, gary, in this beautiful hangar that's freezing? >> i did not, sir. >> they said will gary cohn continue or remain in the administration? i said i hope so. now, if he leaves, i'm going to say i'm very happy that he left, okay? >> let's get straight to boris sanchez at the white house. so, boris, the president opening him up to a variety of questions, whether it be on the topic of their agenda for the day and of course the scope widened from there. >> yeah, certainly from the president making news on multiple front. for one, surprisingly backing his attorney general, jeff sessions. the news this week that there was a concerted effort by the white house to put what one white house official called pressure on jeff sessions to not recuse himself from the russia investigation coming at a time where several republicans in the freedom caucus have called for the attorney general to step down. so it was surprising to hear the president back his attorney general, despi

gary cohn, director of national economic council, says the president will sell his accomplishments high and remind world leaders the u.s. is open for business. many cabinet members will travel with the president including treasury secretary mnuchin, secretary of state rex tillerson, and commerce secretary wilbur ross. there are also planned meetings with british prime minister theresa may and israeli prime minister benjamin netanyahu. >> he heads to davos as trade tensions are running high. the tpp is back on that trade deal, remember, but not for u.s. just as president trump restricts asian imports, trump ditched the transpacific partnership a year ago. the remaining 11 pacific nations have forged ahead without the u.s. japan, canada, mexico and others say their new trade deal will help combat rising protectionism. there's concern that the u.s., a longstanding leader in global trade, is turning inwards as others preach america first. >> i'm defending american companies. they've been badly hurt from harmful import surges that threaten the livelihood of their workers, of jobs all over th

gary cohn the next day points to the plan and it has public/private partnership in there.e's what we know. donald trump has said he sees infrastructure as an easy thing. why he wanted to wait this year do it to get through the hard stuff and getting rid of the individual mandate. you see right here why it's not easy at all because especially after the sort of hit that the deficit will take because of the tax reform plan, you have to come up with a how are you going to pay for this and the administration right now is on two different pages about that. until they get a plan that shows this is how you pay for it i don't see infrastructure going far. >> a bumper sticker, washington, d.c., where we make easy things difficult. >>> president trump and special counsel robert mueller could they meet face to face? well the president appears to have opened the door to sitting down for an interview. we'll have more ahead. went to ancestry, i put in the names of my grandparents first. i got a leaf right away. a leaf is a hint that is connected to each person in your family tree. i lear

white house chief economic adviser gary cohn speaking moments ago. listen to this. >> first question, as far as economic growth, we just had a litany of businesses that are going to give back to the american people, but isn't it unfair to give the president credit for that? they already had the money in the coffers, right? they would have not turned it loose, otherwise? and i had a second question for him. >> i would disagree with the premise, completely. you know, look, if they had their money in the coffers, they could have done it last year, the year before, the year before, it seem thes like, not seems like, since we have passed the tax reform plan, all of these announcements have been made and if you look specifically at the words in most of these press releases, all of them are talking about the regulatory relief which we saw in the jpmorgan announcement, and we've seen the tax plan mentioned directly that companies now feel more comfortable about the economic position they're in. they feel better about the u.s. economy, they feel more confiden

listen to this sound bite "a question to gary cohn. >> we just had a litany of businesses that are going to give back to the american people. isn't it unfair to give the president credit for that? they already had that money in their coffers. would they not have turned it loose otherwise? maria: the left is saying this was going to happen anyway. >> they have no alternative but to make up fiction. but the fella who just got a $1,000 economic does can't care what the left-wing media says. the person who gets a tax cut in the next withholding, he or she is not going to care what the left-wing media says. maria: nancy pelosi calls it crumbs. >> last year when we were talking about 3% gdp. everybody lined up and said we were crazy. that the economy couldn't grow at rates more than 2%. now we are sat 3% gdp. we'll be a sustained 3% or higher it's called the thanks cuts and jobs act because this was about creating american jobs. maria: let me ask you to look ahead to the state of the union next week. we have a whole host of policies to look at. what should we expect from the state of the union

how will that play or work inside the white house >> gary cohn is somebody the president needed he needed him in the latter part of 2017. cohn wrestled publicly with the president's comments after charlottesville, he debated whether or not to leave. he said ultimately he would stay he said publicly the reason he would stay is for tax reform now the big question is tax reform has passed. there's a political win there. what's gary cohn's reason for staying inside the white house now if those are his personal views? it's not clear they are. but if those are his personal views, does he have anything he wants to accomplish inside the white house? or will he leave there's been speculation he would leave but he has not signaled publicly one way or the other. people i'm talking to are not sure whether he will stay or go. >> given the indication in the book, is the view inside the white house that he didn't say those things he said he didn't say those things, so therefore he didn't or we view this with suspicion and he may have said some of those things >> in this white house, loyalty is paramount

you have a guy going to stand prompter and i think from what we hear, gary cohn, who did so well for the president and davos coming is really in charge of the speech along with stephen miller. stephen miller is kind of a fire and brimstone guy. he look at the guest list, you're going to have people there whose children were killed by ms-13. i think they're going to go back hard on the immigration side of it. that's going to come from miller. i think from gary cohn, you will hear a lot of talk about the benefits of economics and the tax cut and the hope that while he talked about america first, he is not saying -- i am repeating lines he said it davos. it's not america alone. in that sense, it really does speak to something i hope he does witches reach out to the american people and say that there is a possibility. my fear is that's not donald trump. i can dream about it. >> dana: even a year ago in february when he did the joint session speech, kimberly, it was a teleprompter speech. that was where many commentators from both the left and right said now, that's a presidential speech.

gary cohn has been addressing folks in the world economic forum and talking about the fact that, youw, we're free -- we want free trade, but we have to have fair trade. i think those tariffs have not caused a major shock here, and i think there's lots and lots of issues like global warming and the global economies in general, strength of the dollar that's dominating the news here. liz: talk about that. you have used the strength of the bain dollars to buy and sell all kinds of operations, take them private, then clean them up. you're wearing qanta goose. you bought canada goose a couple of years ago. that's been a huge play. tell us what the global atmosphere for what you want to do and bringing in money by making those transactions is really looking like. >> valuations are high, and what we do at bain capital private equity, we have a long history of going in, as you know, and working with founders or buying two companies at once, really trying to transform companies. and that model has worked very, very well through 30 years, and the main issue we focus on is making sure we're not

for gary cohn, he was dumb as -- for h.r. mcmaster, he was a dope. the list went on. an e-mail that the book describes as purportedly representing the views of gary cohn, white house economic adviser, said trump won't read anything. not the brief policy papers. nothing. he gets up halfway through meetings with world leaders because he is bored. and his staff is no better. kushner is an entitled baby who knows nothing. bannon is an arrogant -- who thinks he is smarter than he is. trump is less a person than a collection of terrible traits. no one will survive the first year. but his family. i hate the work. but feel i need to stay because i'm the only person there with a clue what he's going. i am in a constant state of shock and horror. republicans continued to hide under their blankets in their cribs today as the president tweets us ever closer to nuclear war with north korea. here is a sample of the republican reaction to the president's demented tweet last night about the nuclear button being bigger than north korea's nuclear button. >> well, i don't have a comment

take a listen what gary cohn said that he was going to talk about.rom yesterday. >> the president is going to davos to speak to world leaders about investing in the united states. moving businesses to the united states. hiring american workers, changing the direction of our economy to be one of the biggest and best most efficient economies in the president has done. he's gone around the world. >> mike, that's something anybody could have assumed that he was going to do. what else do you know about what the president trying to accomplish on this trip? >> we're told the president will have a three part message. by the way, an interesting little behind the curtain from axios was the french president who helped lure the president here. we've been surprised president hasn't done more these out of box appearances. people were talking about should we go into the lions den of davos. in a call with president marrone, the president played on his ego a to be fun. the vice president also encouraged him to do it. the president is excited about coming here. the fi

and according to one of the senators on that call, trump rambled for so long, his economic advisor gary cohnfake a bad connection to get him off the phone. >> about thirty minutes into the call, gary gets up and takes a call on hill we have somebody calling in from asia. and it was the president, which was nice, nice of him to do that. fifteen minutes later, the president's still talking. and i said to gary -- it was a room where we're all sitting around this big square table, and i said, gary, why did you do this? why don't you just take the phone, you know, your cell phone back, and just say, mr. president, you're brilliant, but we're losing contact, and i think we're going to lose you now so goodbye. and that's what he did, and he hung up. >> are you saying that gary cohn faked a bad connection to get the president off the phone? >> well i wouldn't -- i don't want to throw him under the bus, but, yes. [ laughter ] [ cheers and applause ] >> seth: oh, you don't want to throw him under the bus? bro, you pushed him in front of it as it was speeding down the street. [ laughter ] so the presid

wilbur ross was part of the campaign, but gary cohn wasn't.ve bannon could be successful saying, me, the naturalist faction to the white house, i'm true to what i was and always was. but jared kushner cared about his business and his money, as did don jr. if steve bannon can create this line, and if he's correct, wouldn't that be a huge win for him? >> i think as you're alluding to, steve bannon has always been more about the cause rather than the individual, and that is president trump. the cause is a populist type of white house, and the more that that policy that is coming from the white house isn't all that populous, you could have a stand again steve bannon and say, i was against this from the beginning. let's go to the meeting at trump tower. that is significant, and we already know he ended up having a meeting with a crooked lawyer, but we know the interactions the trump team ended up having with russians and their intermediaries. whether it was that june 9 meeting, or whether it was don jr. in his direct tips to twitter. campaign offic