and john hileman, our msnbc national affairs analyst. is the state of play in this story? and which of the s-word derivation quotes is currently being attributed to the president by direct quote zm. >> who knows. right now, this is a story of russiamon. it dependses who was in the meeting, right now we have senator durbin on the record as saying he heard the president use one s-word, we have some speculation he used another kind of s-word, that's what cotton and purdue heard, that would allow them to deny the initial s-word. we have as you see, the department, the secretary of homeland security saying there was tough language used and cuss words used, she didn't hear that specific word. it's hard to know what happened in that meeting, but durbin has absolutely stuck to his story on the record, and we have senator graham sticking to the story and being upset about what the president said. and i have to tell you, the other thing that's happened in fabulous reporter from maggie haber man, the president this weekend, this past weekend in mar

director of content for the foundation for economic education and in cambridge we cross the garrick hileman he is a research fellow at the university of cambridge all right gentlemen crosstalk rules in effect that means you can jump in anytime you want and i always appreciate it gary let me go to you first in cambridge explain what is going on with bitcoin i mean i'm of the age and i used to work in finance i can remember the dot com bubble and then it's melt down here not being very well versed in bitcoin what is going on here is this just speculation or is this the new shiny radiant future go ahead in cambridge. right i think i think a little bit of both to be honest and certainly we've seen you know some aspects of this story before as you mentioned you know after the dot com bubble exploded in two thousand two thousand and one there were a number of winners that emerged from that area and a number of new companies that were born after that have done quite well you know big has already been declared dead several times in two thousand and eleven wired wrote an article saying the rise and

. >>> joining us now, betsy wood rough, ron clane, and john hileman. ron cline, i want to go to this news today about steve bannon cooperating enough with the special prosecutor that they dropped the threat of a subpoena to a grand jury. what is the difference for bannon testifying to a grand jury where his lawyer would not be allowed in the room and have to answer under oath and speaking in this less formal interview context with the prosecutor's office? >> well, i think the difference is obviously it's part of steve bannon's makeup tour with the white house. and i think the difference, as you noted, lawrence, is that his lawyer will be present. and as you discussed a moment ago his lawyer is also the lawyer for the white house counsel. so that means the white houses' lawyer's lawyer will sit in the room when bob mueller asks steve bannon these questions and they'll know what he said, if he said something bad about the president or his son or whatever. so it is an effort by -- i think bannon and his team are trying to get right with the white house, k

director of content for the foundation for economic education and in cambridge we cross to garrick hileman he is a research fellow at the university of cambridge right gentlemen cross-talk rules in effect that means you can jump in anytime you want and i always appreciated gary let me go to you first in cambridge explain what is going on with bitcoin i mean i'm of the age and i used to work in finance i can remember the dot com bubble and then it's melt down here and not being very well versed in bitcoin what is going on here is this just speculation or is this the new shiny radiant future go ahead in cambridge. i think i think a little bit of both to be honest and certainly we've seen you know some aspects of this story before as you mentioned you know after the dot com bubble exploded in two thousand two thousand and one there were a number of winners that emerged from that area and a number of new companies that were born after that have done quite well you know big has already been declared dead several times in two thousand and eleven wired wrote a article saying the rise and fall of

my thanks to don hileman, jonathan and steve schmidt. that does it for our hour. we're going to sign off. "mtp daily" starts right now. hi, chuck. >> trying to figure how schmidt just said fdr. i could say william henry harrison either. >> one word can work in three wars and six presidents. >> i love it. thank you. >>> if it's thursday is bannon banished? tonight -- the trump/bannon divorce. >> i'm not aware they were ever particularly close. >> i don't talk to him. i don't talk to him. >> the president gets the kids, but can he control them? we'll talk to a longtime trump adviser quoted through the new bombshell book "fire and fury." plus, the war on weed. jeff sessions just says no to state marijuana laws. what the new crackdown really means for legal pot use. >>> and do not adjust your television sets. >> we have a message from a special guest. >> the surreal optics of the president's special appearance at today's white house briefing. this is "mtp daily" and it starts right now. >>> ah a good, cold evening to you. i'm chuck todd here in washington and welcome

my thanks to don hileman, jonathan and steve schmidt. that does it for our hour. we're going to sign off. "mtp daily" starts right now. hi, chuck. >> trying to figure how schmidt just said fdr. i could say william henry harrison either. >> one word can work in three wars and six presidents. >> i love it. thank you. >>> if it's thursday is bannon banished? tonight -- the trump/bannon divorce. >> i'm not aware they were ever particularly close. >> i don't talk to him. i don't talk to him. >> the president gets the kids, but can he control them? we'll talk to a longtime trump adviser quoted through the

hileman just talking about november, not for the first time, we've been talking about it, is it going a wipeout in the house? will they lose the senate as well? you're a former republican. what about the now? what about the -- just the plain difference between right and wrong? standing up and looking at that fellow from detroit saying "this is wrong, this is not the united states of america." where are they? >> and this is not a republican or democratic issue. where are they is a great question. again, willie, you know, russell moore with the southern baptist church, my denomination growing up, came out and says this is not america and so many others are saying or thinking this is not conservatism. this is the cartoon, the dark cartoon version of conservatism that a life long democrat would think this is the way he's supposed to act when he switches to the republican party and won the primary through birtherism and just overt racism. >> if you look at that video out of detroit you wonder and you ask republicans is that the hill you want to die on? is that what you're fighting? is that

director of content for the foundation for economic education and in cambridge we cross the character hileman he is a research fellow at the university of cambridge all right gentlemen crosstalk rules in effect that means you can jump in anytime you want i always appreciated gary let me go to you first in cambridge explain what is going on with bitcoin i mean i am of the age and i used to work in finance ike i can remember the dot com bubble and then it's melt down here and not being very well versed in bitcoin what is going on here is this just speculation or is this the new shiny radiant future go ahead in cambridge. right i think i think a little bit of both to be honest and certainly we've seen you know some aspects of this story before as you mentioned you know after the dot com bubble exploded in two thousand two thousand and one there were a number of winners that emerged from that area and a number of new companies that were born after that have done quite well you know big has already been declared dead several times in two thousand and eleven wired wrote a an article saying the rise