large" with, gerry baker.ood name for the show. >> thank you. connell: we'll talk more about it and the launch friday evening. you saw the tweet from the president this afternoon. what do you make of this threatening to cut the subsidies? >> as with a lot of things what president trump does it gets a lot of attention. sort of government by tweet as it were. not sure exactly deirdre said what exactly the substance could be here, what are the scale of subsidies general motors gets. i'm sure there are some. whether or not the government by its own decision just end them. connell: yeah. >> look, i think a lot of people will share the president's view that this sentiment gm was bailed out by the government, by the taxpayer almost 10 years ago, literally from going, went into bankruptcy and required a lot of government support to get it out. there are a lot of jobs dependent in many states, many important states in the midwest and elsewhere on gm. so when gm makes a big announcement like this, it is restructuring, p

maria: wall street journal at large with gerry baker. we are happy you are joining the neighborhood you will be after this program. what can we expect? >> lb looking at the big news. economy, business, markets, washington. what's happening around the world. i will be doing it in an interview, extended interview with one guest and we will explore not just the news itself and headlines but try to dig a little deeper into the trends and things created the news. not just what happened this week but we will look at what is behind it. what is driving the economy right now? what is driving the market? maybe define what the factors are deep down. with some really smart minds from across business, the economy, government, academia, really exploring in some depth, these big trends that are changing and shaping our world. maria: that sounds fantastic. i know you have a great lineup of guests plan. the new program launch is next friday, november 30 immediately after this program at 9:30 p.m. eastern aeveryone here it fox business is so thrilled abou

gerry baker.lking broadly how you are seeing and covering the escalating tensions at our southern border. >> clearly this is something that i think has both practical and symbolic imimportance. practical importance is there is a group of migrants trying to get into the united states illegally and trying to challenge the united states' laws and trying to establish order. that is a practical problem and has to be dealt with. whether it has to be dealt with in this way we don't quite know. the laws have been in place for a long time that require those migrants to apply for asylum as they were under president obama and president trump. we'll see how it works out. the symbolic importance it fits in with the president's message that immigration, there has been uncontrolled immigration into the united states for a very long time. there are too many illegal immigrants in this country and they need to be -- that problem needs to be addressed. the president is using this opportunity on the on the ground att

connell: point out you can catch the full interview, "wsj at large" with gerry baker, larry summers interview, 9:30 p.m. tomorrow night. on last issue, danielle, you know the fed, that last point larry summers makes is interesting. even if you think it is inappropriate, whatever you think about the president's attacks on the federal reserve you can make other arguments for pausing in terms of interest rates? >> one of the reasons we saw the markets come back today in the fed minutes that were released at 2:00 p.m. eastern standard time we actually saw a discussion taking place among fed members about the damage to sectors that are dependent upon interest rates such as automobiles and housing. so i think it encouraged the market not only are they saying yes, we'll go in december, but there was already discussion ongoing at their last meeting three weeks ago, that was already speaking to reasons that they could find leeway to pause going forward. again i think that is, that is why precisely we've had such a mild reaction today in the markets. connell: right, back and forth between the president

it will go all night with the premiere of "wsg at large with gerry baker" at 9:30 eastern time. his first guest, former treasury secretary larry summers. you can watch it live, set your dvrs. you won't want to miss it. fox means business. >>> shares of at & t set to finish the week in the green after the telecom giant announced it's looking to lighten its massive debt load with potential asset sales, putting its 10% stake in streaming service hulu in play. that stake of course acquired through at & t's $85 billion purchase of time warner and all of it comes just six, count them, six days to go until the doj takes a second shot at undoing that blockbuster merger. let me get to charlie gasparino. big controversy and big discussion here, big movement. >> yeah. by the way, are you tango'ing over there? liz: no. i'm eating empanada. >> eating good italian food, i hope. a couple things that are really interesting here. i'm getting a little blowback from somebody else. there's something in my ear that's going to make this difficult. i will get through it. one of the more overlooked par

read from former treasury secretary larry summers, "wsj at large" with my buddy gerry baker.iers tonight 9:00 p.m. eastern time. so does the president risk going too far in this approach on china? former trade rep under president barack obama michael froman what happens in things get really bad here. good to have you, ambassador. thanks for taking the time. >> thanks for having me. neil: it's a delicate walk, isn't it. how the president moves forward this weekend. presumably after the federal reserve and that surprise announcement maybe the rate fears will ease a little bit, to complete the picture here he has to score a deal with the chinese. what do you think? >> we, look, i certainly think he has gotten attention of the chinese leadership with his tariff moves. the question now is, is there know agreement? in which case there will be increasing tariffs over time. do they reach a substantive agreement on key issues around chinese industrial policy. is there some sort of process agreement which is most likely out come where they just agreed they will talk, and providing talk

one thing i learned about gerry baker, folks, maria and i did a debate with him, he does his homework. hard to keep up, so exacting, the question had to be worded just right to avoid wig bill room. i learned a lot. maria learned a lot. he is a pain in the neck in that sense. you the viewer will appreciate it. he gets way beyond the headlines. he is connected with everyone. they all respect him for good reason. he does his homework. >> do i have to pay you now for that or later? neil: now is preferrable. there is a guy named vinnie behind you to make sure you do. >> i'm not sure how much cash i got. neil: charge cards. don't forget that on november 30th. keeping track of a couple other developments. interest rates are getting lower in the middle of all of this even with the market up. why is that and what is the market betting on as we surge here? they might pull out a good gain for today, that is the stock market. man, this is one of the worst weeks we've seen in at least three. we'll have more after this. you're watching fox business. ♪ neil: anytime there is positive news regarding

"wall street journal" at large with gerry baker.h china. i will try to explore those in detail i hope with people who interesting things to say. brian: it will be great. great for you too. get a bigger office for your own show. pass to the front of the line with cafeteria. >> only reason i'm doing it. always wanted to get to the front. line in the cafeteria. finally i'm there. brian: finally treated with respect. great to see you. >> thank you very much. brian: coming up straight ahead in the final ten minutes. the polls are open in the mississippi for the senate runoff election. what issues are voters talking about. ed to pyro having breakfast with them. i assume sandra smith had breakfast with hemmer this morning. >> always, brian. we're watching the showdown at the border. 8500 members of the caravan officially in tijuana. border patrol president brandon judd will join us with a update. president took mississippi by storm. the runoff election there is today. our a-team is there what to expect. our headliner, wonderful to have for