howard lutnick said that and gleaning on him from them today and about what mr. calls ring around the collar tariffs and just universal baseline of 10% or 20% or anything like that and hearing about that from howard lutnick? >> well, the president has been clear and hurt made it even more clear he works at pleasure of the president. his job is to execute president trump's agenda and i think the president has been clear we're going to have some sort of baseline tariffs that are across the border. you have to make certain we protect american j jobs and protect american manufacturing and economic and snagsal security reasons and especially around the auto industry. lauren: i'm in favor of it. i never met president william mckinnley and just missed him in the historical time line. one thing i like about the universal tariffs, gives trump a lot of negotiating flexibility and waiving money. the 10% or 500 billion and could be a trillion. that could pay for tax cuts to make america and american workers more competitive and wealthier and happen jerkins and the blue colla

. >> howard lutnick did an incredible job.e wowed the committee, showed his true character, highhe is an american success story, and now serving his country. and mexico and canada, looking at border crossings, they are at an all-time low, mexico stepped up to the plate, canada has too, we'll get them to near zero, when that happens i think that president trump will look at that it has worked. biden could not get it done in 4 years, the border crossings were 14 thousand a day, they are almost numbers that we never thought were possible, his form of diplomacy works, the question is what happens long-term, we can't continue to have mexico and canada treat us unfairly, in auto stindustry, we make 4 million cars in mexico and canada this are sold here. that makes a big difference, i think that president trump will get us there. larry: senator bernie moreno will you request that president trump either redo or reform or something, the usmca deal it was painful when it was completed in 2018 or 2019 we all worked on that bob li lighthi

confirmation hearing tell us your expectations for howard lutnick the rest of these nominees, do yout past the finish line. >> it is so very important, that we do get these nominees confirmed, that we do it quickly, of course, as you are well aware, maria, the democrats slow walking everything, republicans have shown that we will stay late we will stay over the weekends in order to get this done we need to make sure that we have, good solid hearings armed services, i am on that committee we did have a ed hearing with pete hegseth, i am sure that with mr. lutnick going to have another good hearing, with him hp he is well qualified, i have met in my office with him great conversation, looking forward to a good hearing. of course, it is important that the president and the american people have positions filled as soon as possible. >> yes, for sure. i mean national security threats that we talk about everyday, the president needs his team on the ground, do you feel of like your colleagues on a left have been stalling hearings? >> most definitely, you know, you especially saw it on arms s

>> howard lutnick has the same profile as donald trump.cted by wall street, always wanting. >> to. >> fit in. in 2016, he was not a trump guy. he may have supported hillary, i believe, but i know he gave to the. >> yeah. >> i think he gave to the inaugural committee when donald trump won and somewhere he he found this transformation he saw in donald trump an opportunity to be accepted in a way he never had been on wall street. >> i've shared a really successful guy, though hugely. >> hugely successful. cantor fitzgerald lost more personnel after on nine over 11 than any other firm and he went through some rocky times but promised to rebuild cantor. >> and did. >> it and promised to take care of his employees. and he did it. but he was still never quite accepted. he was the outsiders insider. it is a perfect donald trump m.o. i believe in this administration, he will be the ben carson of donald trump. >> what does that mean? >> it means he will be the loyalist who knows that the way to survive four years is to support the boss, but not cros

also appearing on the hill, howard lutnick and kelly loeffler.ash patel will face tough questions over how he would lead the fbi and tulsi gabbard makes her case to the senate intelligence committee. seems to me everybody gets confirmed tee even if there are questions around tulsi. i wonder if they'll do the vote behind bars. >> when you look at tulsi gabbard, there's no mistake she was on the left and then she joined president trump. she changed her policy, she changed her views and the number one question for tulsi gabbard is what does she think about the fisa courts and warrantless searches for foreign nationals. she said she supports this in the interest of national security. we're not weighing privacy interest of individuals that are american citizens. senator collins will be pushing back on that a lot. we have to start listening to these hearings. we need to listen from the horse's mouth rather than listening to mainstream media which is continuing to pedal lies about the fact that tulsi gabbard is not for our national and foreign security

. >> howard lutnick. >> to be. commerce secretary. >> of the united states. >> howard lutnick is. >> not a well-known public figure. >> he's donald trump's friend, and he is trying to. >> become commerce secretary. >> while simultaneously. >> serving as. >> effectively the banker. >> for a specific. >> cryptocurrency, which recently. >> moved its headquarters. >> to el. salvador and which. >> has come under federal scrutiny for everything. from allegedly financing terrorism. >> to. >> evading russian. >> sanctions, to. >> mass scale money. >> laundering. >> to international drug trafficking. >> he's the banker. >> for that particular. >> cryptocurrency. >> while trying to become. >> us commerce secretary. to that's wednesday, howard. >> lutnick, trump's friend for commerce. >> wednesday is also the first of two confirmation hearings. for robert. >> f kennedy jr. >> at a time. >> when we've got a weird new big. >> tuberculosis outbreak. >> in kansas. >> and a bird flu epidemic. >> that isn't. >> just birds, it's now

and well—known wall street figure howard lutnick will be commerce secretary.to the market and share high finance's love of free trade and deregulation. but they may bump into this next bunch — the subversive outsiders, the america first crowd. trump's once—jailed former aide peter navarro is a trade adviser. jamieson greer is due to be us trade rep. he played a key role in imposing tariffs on china during trump's first term. like their boss, these guys love tariffs and protecting us industry — not always to everyone's taste. and then, there are the newest faces in trump world, the cool kids — or are they the geeks? — the tech bros. elon musk and vivek ramaswamy aren'tjust running the so—called department of government efficiency, they're also from the heart of silicon valley and reflect donald trump's fresh enthusiasm for the tech sector and crypto. so, how will these very different agendas be made into one? he's notjust getting one echo chamber but actually having different views about what to do, what the impacts will be and then, he's gonna make the decisio

howard lutnick is not a well-known public figure. he's donald trump's friend, and he is trying to become commerce secretary while simultaneously serving as effectively the banker for a specific cryptocurrency, which recently moved its headquarters to el salvador and which has come under federal scrutiny for everything from allegedly financing terrorism to evading russian sanctions, to mass scale money laundering, to international drug trafficking. he's the banker for that particular cryptocurrency. while trying to become us commerce secretary to that's wednesday, howard lutnick, trump's friend for commerce. wednesday is also the first of two confirmation hearings for robert f kennedy jr. at a time when we've got a weird new big tuberculosis outbreak in kansas and a bird flu epidemic that isn't just birds, it's now crossed from birds into raccoons and bears and sea lions and cats. it's crossed into 900 herds of dairy cattle. and yet now, yes, it has started to infect humans, threatening a new pandemic at a time when the health and hum

kennedy, jr., howard lutnick kash patel, fbi.green. >> go, very exciting. good to see you, sas first week of trump administration. >>, maria,, as you know, the usual fragile is first 100 days but with donald trump the first 100 hours in fact that video, shows you the transparency truth fullness this white house trump 2.0 engaging pb anybody can see that video a public document, airing for everyone what it shows, is the simple breadth depth what president trump was able to do he is bringing us back to what we all loved trump 1.0, frankly up to 2019 or 2020 before covid swallowed up last year number two undoing so much damage from democratic leaders bike kamala harris, karen bass others people ignored pain, are issue the third thing doing going to continue down doral this afternoon in my view saying you have a slim majority we have a tremendous opportunity to deliver execute on mandate when he went to noib california i think trump you in full going to meet people look them in the eye say the federal government is here to help you n

also appearing on hill howard lutnick and kelly loeffler. >> tomorrow kash will face questioning over how he would lead fbi should confirmed dei nominee tulsi gabbard makes her case a lot to talk about how do you think this plays out. >> i think president trump is going to say will through get all nominees through so we can get the real work done, and i said this i am so excited about rfk, jr., i think there is a misconception out there he is antivaxxer opportunity to bring science government medicine together create a gold standard for healthcare that is what the american people are demanding today we saw under president biden you had mutation of kids president trump signs 1k0d to manage sure no chimed will be a science s experiment rfk, jr., saying i am going to make sure anybody in government isn't lining their pockets holding themable accountable. >> so many people have a sense of relieve this stuff last four years politically correct canceled is done with. >> isn't itcides we debated pronouns, 72 genders women when two x chromosomes men an yand x, period stuff we all know so wait

as i mentioned, howard lutnick was one of the individuals i got to know a little bit better who had been tapped for secretary of commerce, and of course mr. lutnick is well known in financial circles, having been a fabulously successful business man. he successfully led organizations in the financial services industry for decades. and at first glance people may assume, well, this is just another rich guy serving in the trump cabinet, but there is much more to the story about howard lutnick than initially meets the eye, and i just want to tell that story just briefly. howard and his wife have four children, and he kuwait literally would -- quite literally would not be with us today if it weren't for his family. on september 11, 2001, in new york, where they live, was the first day of school, of kindergarten, for his son kyle. and howard, like a good father, was going to take his son to school, and so he was going to be a little late to his office at canter fitzgerald. canter fitzgerald, his company, was located in the world trade center. and woe all remember the -- and we all remember the

as he mentioned, you saw elon musk given the thumbs up in the big broad smile, howard lutnick behind you look at that that is fine and great but donald trump also said he wants to cut government spending across the board. when you think of entitlement programs, social security medicare and medicaid nobody really wants to touch that, what is left, defense. >> i think there will be major changes across the board we've yet to see what doge will make recommendations on. one of the things people aren't focusing on when they think about cutting and cutting doge, these are leaders who also understand you have to change the culture and changing the culture is just as important as changing spending and regulation. what i think we will see, is also recommendation about changing policies around personnel, we saw that when pete hegseth was in his confirmation hearing talking about the need to change a culture at the dod, the need to acquire new technology that can serve the war fighter, that was something that was very important that he said in his confirmation hearing. liz: speaking of that you

howard lutnick also faced a hearing where he defended trump's tariff promises.heard the commentary earlier. jonathan, your reaction. >> well, it's pretty interesting watching these hearings and watching the democrats get so exorcised about these nominees. if we remember four yearsing ago, biden's nomination if, he was basically filling out the dei bingo card. there wasn't any if emphasis on the most qualified people, and you saw that with pete buttigieg which was, you know, certainly referenced with the last guest. but i think it'll be interesting with kash patel today because they will focus on these extraneous things, but he wants to take the politics how of the fbi. the agents don't want to be investigating january 6th, parents at school board meetings. they want the bad guys off the street to make things safer x that's what kash patel has said. if they focus on that, that's what the american people want, but they're going to focus on everything that doesn't matter. maria: we spoke about tariffs earlier with lydia hu who's in canada right now. you're not worr

kennedy junior and commerce secretary howard lutnick testified on capitol hill. these democrats are opposed to me for partisan issues, used be my friends, agreed with me on the environmental issues. they're against me because anything president trump does, any decision he makes has to be lampooned, derided, discredited, marginalized, vilified. >> so this is a separate tariff to create action from mexico and action from canada and as far as i know they are acting swiftly and if they execute it there will be no tariff and if they don't, then there will be. but it's an action oriented model. that's not the ordinary tariff. the ordinary tariffs need to be studied and examined. maria: joining me with more on all of that is north dakota senator kevin cramer. great to see you. thank you for being here. how are you feeling about the pace of these confirmation hearings? it feels finally like things are picking up. initially i felt like the democrats were obstructing a bit. your thoughts? >> well, they were and then they weren't. they are in a little bit of a ggrumpy mood

howard lutnick, great pick. sean duffy, great pick.be rare that there would be any no votes. so he's picked a good team. i think we're going to get it done quickly. maria: look, i think pam bondi is well aware of the issues at the border as are you. you've traveled to the border many times. i was there with you once and do you think the democrats are on board with what's about to take place? because i was just stunned that so many voted against that bill yesterday which basically said you want to deport people who have committed sexual crimes. >> yeah, i don't think they really get it. they're still a party captured by left wing advocates that write white papers about open borders. that's the truth. that's how we got where we're at with 15 million people here illegally. i would prepare the audience for what's about to come when the deportations begin e which by the way deportations are nothing new. bill clinton deported 12 million people. that's been the policy of the united states forever e you come here illegally, you're detained and

howard lutnick has a hearing to go through.t is also pulling trump back from enacting these broad-based tariffs? he actually needs his team in place and at the moment they are not. terry: there is a little bit of that. nominees can always advise informally. not under the table in secret. they can advise on where they think things should go without having the power to do anything about it or have any letters -- levers in their hands. they are not confirmed, as you pointed out. it is a good in development state when it comes to trump advisors generally. that may be playing a little bit of a roll here. i do think that with regard to china the main dating is that trump is putting out that they'd much rather negotiate the large geopolitical issues. if china is willing to do that, he is willing to play. at the same time, his patients will not be inexhaustible. annmarie: i want to give it to the fed. i am sure jay powell is happy the fed is in a blackout period ahead of the meeting. not only did president trump say he wants lower inte

you have stephen miller and howard lutnick that are saying the tariffs are real and we're going to putffs first and we'll talk later. so that's why when the colombia pushback came so fast and furious, before we had the discussion about february 1st, this is why because the trump administration is sending the signal. this will be happening. this isn't a joke. and so -- and i understand his anger about the flights. it's their citizens. they're criminals. take them back. you know what, that could have made a -- that would have hurt colombia's exports by the way with coffee and it -- maybe my cup of coffee would have went up five cents, i don't care. i would rather have the colombians go back, maria. maria: he was in las vegas over the weekend proposing a new plan for the nearly 90,000 irs agents that joe biden hired under the last four years. trump has new ideas. watch this. >> on day one i immediately halted the hiring of any new irs agents. you know, they hired -- [cheers and applause] >> they hired or tried to hire 88,000 new workers to go after you and we're in the process of developi

so look, she's going to have her questions today for howard lutnick.ttee hearings are for to sort of air this out, to have questions be asked and answered. she's actually not on the commerce committee. i know that she's raised those issues. but i think the broader point here. >> is, you. >> know, a centralized command where you have social credit scores as it relates to crypto is not a direction we want to go. it's probably where china is headed. but i think america can be the leader in crypto. and that's the direction of this administration. >> how how can they be the leader in crypto? what do you think this administration needs to do? >> well, i think what you saw was these artificial restraints that. >> were. >> put in place under the biden administration, because they were very skeptical. but i don't think you want this sort. >> of, again. sort of centralized crypto. >> bureaucracy here in the united states. are there going to be regulations? of course, no. one's really arguing. >> against that. >> but i do. think china is headed in the direction w

hearings for howard lutnick, and r.f.k. jr. and kelly loeffler are expected on wednesday. director nominee kash patel and director of national intelligence tulsi gabbard are appears before respective committees on thursday. j.d. vance is heading to virginia today visiting areas hit by hurricane helene and to du durrell tomorrow for the house meeting. >> brian: thanks. bring in john kennedy. it is nice to have that message to house members. i used to be there. they have smaller margin for the first time in history. do you think you can get them together on the same page? >> yes. it will be hard. clearly the house more than senate has a bunch of free-range chickens and they wander off and you have to go catch them and speaker johns on can't catch thm by himself but president trump will help. >> ainsley: we need it to be organic. get it? >> good one, ainsley. >> ainsley: i'm not funny like you are. what do you think about nominations this week? pam bondi, scott bessent today, kash patel later and r.f.k. on wednesday. >> let me explain what is going on. washington is not a nor

he was adamant howard lutnick being the treasury, and last time i looked, scott bestler's hearing. many of his picks did not come to pass. he's had influence over policies, none of that has stuck. and the for instance, the h1 visas and the tech community importing basically indentured servants to take over jobs. and those policies haven't stuck. a cons standpoint fight and a cons standpoint clash of ideas, and if i-- you know, i would go long the populist nationalist positions on these, the hard core american citizens come first and america comes first. elon is not going to go away and quite frankly, he shouldn't go away. i've been quite intense and part of that is to try to shift the overton window on this debate, but elon is not going to go away anytime soon and a continued clash and fight over ideas. >> how do you have that fight and how do you have that clash for those of us that don't know the inner workings behind the scenes, does that play out in public? trashing him in interviews or criticizing him on your podcast or are there conversations behind the scenes that are happen

howard lutnick himself basically dismissing these.ow do you price in something the administration is saying we are just trying to get a certain kind about drum and hopefully we will get it? jonathan: i don't think we are most up futures up .4%. coming up earnings from tesla which apparently is a state of mind. from new york city, good morning. you are watching bloomberg tv. ♪ jonathan: here is a snapshot of financial markets stateside. equity futures up .4% on the nasdaq come up .6. outperformance on the russell saved by the news conference. in the bond market yields were higher and then they paired those moves higher. we are sitting right on top of 4.50 on the 10 year yield. it felt like there was a hawkish bias. then the news conference chairman powell had a little bit of cleanup. lisa: it was a language cleanup. that was the hawkish tilt people were talking about and people said ok and they walked back the hawkish tone it initially had. this was about removing the idea of a labor market facing weakening, the idea of a labor market

when it came to the pick treasury secretary, elon musk had backed howard lutnick publicly, and the expectation was because of that support, that's work donald trump would take his cue, he did the opposite, he took scott bessent instead. it throws cold water on the idea that elon musk is not the trump whisperer. this is $100 billion that could be multiplied potentially by five. elon musk is saying maybe this isn't enough to hit those goals i thought was interesting. tom: and there is still big questions about how they get to that point, the first hundred billion, let alone 400 or 500 billion u.s. dollars, whether this is a fracture point in that relationship between trump and musk. we have been hearing from president trump articulating views about tiktok. a reminder that he sees things much more through the prism of economics and trade deals than national security. this is what he has been saying around tiktok. pres. trump: people want to buy it. >> those that say they know, say a spying app for the communist chinese -- pres. trump: but you can say that about everything made in china. we have o

scarlet: howard lutnick, the nominee for commerce secretary is saying that deepseek stole things. we know about this microsoft investigation? how quickly is it likely to show any results? caroline: i'm sure they are setting up more rooms to work out what the implications are. already we have heard from david sacks, who is the ai and crypto czar. he has said there is evidence showing that ultimately openai's data has been used. the question is of proprietary. we have a key security adviser come on the show a little bit earlier, and he was saying it doesn't always mean there has been ip theft. these sorts of models, the way you barrage them with question upon question to understand how the model works, has been done plenty of times. at the moment as you're's offering allows that. is this ip theft? is this a misuse of these models or do they do it legitimately and we are going to have to start putting more guardrails in place so that seeming bad actors coming from china or other countries are not able to use all of u.s.'s invested ip and easily build on it themselves? many are questi

i can tell you the commerce secretary nominee, howard lutnick, when he gets in there, he's going to be and there's a provision many that order as to how we're going to proceed on that. so as aaron rodgers might say, relax, we got this. we're moving forward, charles. charles: i know, i know. listen, the team is amazing. you've hit the ground running and, peter, it's always a pleasure. you've been through a lot, and i'm glad you're here to help etc. i us, because you're a true american. >> just a little bit, charles. all right, buddy, see you later. charles: i'll wait for the bookment all right, buddy. we talked about the market being priced for perfection. gary kay's going to explain how to navigate a market like this. by the way, he's got a couple of stocks you want to hear about right after this. ♪ ♪ ♪ new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job on indeed, it's easier for talented candidates to find it. which makes it easier for you to hire them. visit indeed.com/hire >> my next guest is warning of concentration risk

and the senate in more confirmation hearings are set for this week tomorrow includes rfk junior howard lutnicker for the small business administration thursdays hearings include cash for tougher a fbi director and tulsi gabbard for national intelligence. big changes are coming to amazon with whole foods ceo taking over the entire grocery business. he will oversee all of amazon's line of fresh market, cashless stores in the online grocery business all while maintaining a spot at whole foods and running the physical stores. whole foods workers in philadelphia forming a union and the first time in decades workers are seeing higher wages and benefits, whole foods sentence disappointed by the vote but they're committed to a positive working buyer met take a look at the stock in the premarket the stock is down half 8%. get this in report from the government accountability office euros federal agencies made $161 billion in the proper payment in the last fiscal year that was 2024, 2.8 trillion in waste if you added up since 2003 the jal is multiple agencies with defense, labor and treasury and educati

the people that he'd put in, howard lutnick and others.e who know this economy, just that decision-making process. and the stability there. and he's already bringing the leaders. he's bringing the bicameral in. he has a strategy of what he wants to get done. and he knows he only has four years. and really, if you study presidential history, you get about a nine-month honeymoon. with president trump, they always try to work against him. but he's more popular today than he has been at any time in his political career. if you just watched the swearing in, the people around him, this is the -- these are the titans of the economy of the american. every world -- every world leader would want one of them in his country. he's going to use the synergy of that to make the economy stronger here. >> how do you think that relationship is going to work? we saw all the ceos who were there yesterday, innovators, leaders on these points. how will that synergy work? how will the economy change as a result? that relationship. >> i think whoever captures ai o

steve feinberg, howard lutnick. they run huge, huge businesses. are they prepared -- these guys have to divest themselves from massive complicated businesses because of the conflict of interest rules. this is serious. donald trump cannot executive order excuse them. have all these guys factored that in? >> i think they have. if you agree to be nominated, you've at least given some thought what that looks like. whether you have to do it, whether anyone holds you accountable for not doing it is another question entirely. >> that's the question. >> we'll have to see how it works out. there are a lot of ways to -- i don't want to say get around the rules, but preserve your wealth when you go in. for some there's a huge tax benefit. incoming treasury secretary, when they do the divestment, they get a massive tax benefit. that's why a lot of people are extremely willing to take that job. people have spent a lot of time thinking about what they want to do, how to divest, how it works. doesn't seem to be impediment to anyone wanting to run the treasury. p

what americans have been asking for for quite some time cabinet nominees this up week tomorrow howard lutnickhe small business administration. and then kash patel and tulsi gabbard on thursday. this is about tulsi gabbard, take a listen. >> i think she is somebody who served our country she will do the best she can to make sure she has the right information. >> i'm inclined to vote for everybody but i want to hear her thinking about assad and snowden and we will see. >> you want someone of character and of competence right? and i served with tulsi gabbard. she doesn't shoat competence, the understanding, the depth. nominees going to fall down. they didn't. the question is whether the media reporting that this is the ah ha moment is real. >> from what i have heard the gabbard nomination might be the shakest at the moment. we saw the close call with pete hegseth. the tie that was broken by the vice president. there were rumors that maybe some people would oppose him and then there was some reporting i think today that some senators who were stoking some of those rumors ended up voting for him a

nominees with smoother paths to confirmation: wall street executive - and cryptocurrency backer - howard lutnicke commerce department, and former senator kelly loeffler to be in charge of the small business administration. and, more picks getting green lights -- pam bondi to be attorney general advanced , through committee, a step closer to the job. lee zeldin to head the environmental protection agency was fully confirmed by the senate. for the pbs "newshour," i am lisa desjardins. geoff: for more are joined by dr. paul offit, director of the vaccine education center at the children's hospital of philadelphia. thank you for being with us. dr. offit: thank you. geoff: we heard rfk junior insist if he has confirmed he will not try to take vaccines away or impose obstacles to vaccine access. do you buy that? dr. offit: not for a second. he has told you who e is for the last 20 years. he has been a vigorous anti-vaccine activist. he said he thinks no vaccine is a benefit. he said he thinks the polio vaccine killed more people than it saved. he does not think the hepatitis b vaccine works. he is sui

jason: what about kick things off on wednesday there are other hearings going on like howard lutnick really the focus will be on kennedy. because health and human services is in an absolute mess and a disaster, but he's taken some positions that i think some people are going to question. but boy -- president trump is adamant that he get in there and i think he talks a lot of common sense. shannon: maybe he will. he's really connect with a lot of american people talking about the health and save the of our food and of our young people and what people are exposed to that connected with a lot of people who have the same concerns. it's interesting because he's got some support we think from democrats and republicans but he's also got critiques from democrats and republicans. will have the doesn't like some of what he's had to say about some of the vaccinates. the right is worried about his position on abortion so he's going to have to answer concerns from both sides when e had attacks that chair on wednesday or thursday. >> such a great interesting point shannon that you know, the make a

commerce secretary nominee howard lutnick had his hearing today and the senate broke a filibuster onhe nomination of doug burgum to serve as secretary of the interior. bret? >> bret: cabinet is filling. chad pergram live on the hill, chad, thanks. security agents escorted the agriculture department inspector general from her office on monday after she refused to comply with her firing from the trump administration. phyllis fong had worked with the department for 22 years. she had intended to stay on after the white house terminated her friday. she said she believes the administration did not follow proper protocols. the federal reserve left its benchmark interest rate unchanged today. it cut the rate -- it cut the rate three times in a row last year from 5.3% to 4.3. stocks didn't necessarily like that. they were down today. the dow lost 137, the s&p 500 fell 28. the nasdaq was off 101. >> breaking tonight, former democratic senator bob menendez sentenced to 11 years in prison. menendez convicted of accepting crimes and acting as an agent of a foreign government. correspondent bryan

on our allies and going for them and today his nominee for commerce secretary is going to have howard lutnick and talking about potential impact and didn't have anything in the regular statements, jeremy. but he did come out and basically say that he called anybody that proposes tariffs were inflationary nonsense. that kind of gives you a window into whether we will see the tariffs kick in on february 16789 h 1. february 1. here's powell answering tariffs deeper into the news conference. >> we don't know what's going to be tariffed or how much or how long and what coun countries and retaliation and how it's going to commit through the economy to consumers. that remains to be seen. there's lots of place where is that price increase from the tariff can show up between the manufacturer and consumer. liz: he's waiting and seeing. however, we've had many voices, some that are on the right for peter navarro and one of the trade experts saying not inflationary at all with tariffs on goods. the same thing and ken griffin of citadel, 0.72 hedge fund leader and they're worried about the tariffs in the

and howard lutnick, a tremendous success on wall street, is going to be our secretary of commerce.gh these trials but they're going so and i want to thank the republican senators, they're doing great and jhonattan has john thune has done a great job in moving the process along. and a very special woman, linda mcmahon, is going to be our move secretary of education, and we're going to be giving it back to the states. let the state run education. i said to linda, linda, i'm making you the secretary of education but if you do a great job, you'll put yourself out of a job because you're going to be sending it back to the states and she's fantastic and her staff, which has been largely hired, is fantastic. and all of the other leaders will come to me and they're going to say, do you remember i used to do this for fun? but it's really not fun, it's fact because we have to do -- but they're going to come and say to me, sir, sir, we're winning too much, sir. we can't take it anymore. we have to stop winning, sir. we can't do it. we're not used to winning in our country, and each one of the

. >> hereby's the lineup on capitol hill today for confirmation hearings including howard lutnick forommerce secretary. r.f.k. jr. for hhs secretary, of course, this is a massive agency, guys, with 90,000 employees and annual budget of roughly 1.7 trillion. that's about twice the size of the defense budget. let that sink infettermaner bernie sanders they said they might confirm him or they might vote yes? >> right. they did say that. really the biggest negative so far is dick durbin, the democratic whip he said a firm no. concerned about jfk's past statements about vaccines he made a speech on the senate floor yesterday. of course, bobby kennedy jr. a former democrat could get democratic support a much different hearing this time around as he comes as president trump's nominee to lead hhs. >> steve: thanks, lucas. >> brian: dr. cassidy and the other doctors, so it's going to be -- they are going to ask good questions. substantive hearing. >> ainsley: starts at 10:00 this morning we will be watching. >> steve: we will be watching, indeed. steve. >> lawrence: these races happening all a

from linda mcmahon, and howard lutnick, to doug burgum, steven feinberg, jared isaacman, and kelly loefflerionaires on the official cabinet will have a combined net worth of over $13 billion. now that is not including, of course, elon musk, or trump's new billionaire ambassadors. the centi-millionaires, and possible billionaires, depending how you count your wealth, includes scott bessent, dr. oz and chris wright. one thing i guarantee none of those people ever had to buy their own [ bleep ] groceries. [ light laughter ] they are probably the only people in the world who do believe trump invented the word. "you mean those stores that sell all of that loose food? [ light laughter ] i thought those were just poorly lit restaurants." hey, i'm not surprised donald trump is picking billionaires. i'm just surprised that if you are a billionaire, you would say yes to spending the next four years getting yelled at by a fake garbage man. i mean what all in exchange for a tax break that you will never even notice. if i was a billionaire, you know what i would do? nothing. [ light laughter ] i mean, i

the report adds trump will lean on yet to be confirmed howard lutnick to handle the negotiation. >>> speaking with reporters at the white house last night he talked about pressure on china. >> we are talking about a tariff of 10% on china based on the fact that they're sending fentanyl to mexico and canada. >> how soon on those tariffs. >> probably february 1st is the date we are looking at. for mexico and china, we're talking about approximately -- approximately 25%. >> beijing responding to his latest comments reiterating there are no winners in a trade war or a tariff war, adding, china will firmly safeguard its national interest. >>> it is day two of cnbc's coverage from the world economic forum in davos, 3,000 leaders from business, government, academia and more are gathering to discuss this year's theme, collaboration for the intelligent age. our andrew ross sorkin joins us from davos with the first of two special guests for this hour. andrew, good morning. >> frank, it's great to see you and we do have a very special guest, the ceo of accenture. one of the largest employers in

howard lutnick for commerce secretary. of course, robert kennedy jr.or hhs secretary, kelly loeffler to head the small business administration. and then tomorrow, guys, on thursday, kash patel to be president trump's fbi director and tulsi gabbard, director of national intelligence. now r.f.k. jr., tulsi gabbard and kash patel are considered by many to be trump's controversial picks. today, many senators want to hear from r.f.k. jr. about his distances on vaccines, abortion, and his plans to curb obesity where more than 40% of american adults are considered obese today. that's according to the cdc. bobby kennedy jr., the former democrat gets face two senate panels today before the finance committee and tomorrow before the senate health committee. and that hearing gets underway this morning at 10:00 a.m. eastern, guys. keep it right here on the fox news channel for live coverage. guys? >> steve: that's right. lucas, every one of the senators in both those panels received, yesterday, a letter from caroline kennedy. his cousin and it was was saying don't

today -- do you remember a few days before the election cnn asked trump's transition co-chair howard lutnicknedy jr. would get the job running health and human services? you don't have to remember, because we have the clip. >> you're saying he would not be in charge of hhs? >> no, of course not. >> so he's not going to be -- >> he's not going to be a secretary, no. that's not what he wants to do. >> would he be in an acting position -- >> i just told you that he wants, he wants to help get -- data. he wants data. >> jimmy: well, guess who trump nominated today to be secretary of health and human services? that's right, robert f. kennedy jr., heavy on the "f." [ laughter ] and who better to be in charge of health and humans than a guy whose brain was partially devoured by a worm? [ laughter ] trump originally wanted a doctor in the role. but it turns out, the late great hannibal lecter isn't a real person. [ laughter ] this tells you all you need to know about our country right now. rfk got caught having phone sex with a reporter, and she was fired. what happened to him? they made him secreta

and that huge crypto firm, managed by commerce secretary designee howard lutnick, that huge crypto firm just announced that it's moving its headquarters to el salvador. oh, this is a firm that has faced all sorts of difficult questions from federal regulators in the biden administration about their particular, you know, fake currency being linked to the financing of terrorism and evading russian sanctions and money laundering and the sale of precursor chemicals for illicit drug manufacturing. so it's already going great, that particular cryptocurrency. but the banker for that cryptocurrency is now going to be trump's commerce secretary. and the firm has just announced that they're moving to el salvador. and then the president of the united states made el salvador one of the first two calls he made in his new presidency. out of all the countries in the world. weird, right? trump followed that later today by an executive order directing the us government to explore the possibility of building a us government stockpile of cryptocurrency. he calls the crypto guy linked to his crypto commerc

that'll be howard lutnick and scott bessent when they get confirmed.r, who's -- jamieson greer, kevin hassett, who's a frequent guest, i think -- liz: yeah. >> at least on your network and probably your show. and across the agencies depending on the issue you're going to have -- liz: well -- >> -- homeland security. so we've got an agenda, and it's going to be really good. the one thing i want everybody to get tracking now on is that in our view, tariffs are tax cuts. tariffs are tax cuts. liz, one of the the great charts the president loves to show is the one that shows tariffs as a percentage of revenue versus income taxes over time. and prior to 1913 and the introduction of the income if tax, tariffs were how we had prosperity ask security in america -- and security in america. hen we went to the income tax -- liz: right, but -- liz: peter -- >> go ahead, go ahead. liz: we don't know what real a ya a story the tariffs these countries might then slap on us. if return, that said, yesterday the president said february 1st we will probably see 25% tarif