i assume stephanie would like all of the facts, all of the truth, to be disclosed by whomever, whether it be mueller, the senate intelligence committee, or whomever. do i have that correct, stephanie? >> yes, absolutely. of course we want to have all the facts. i hope that you want the memo released too, it's democrats that, again, are obstructing the release of this memo. >> there's no democratic obstruction. we agree that we all want the facts. then i have a problem with you suggesting that nothing is true, "the new york times" has to constantly retract, none of that is true. remember, in an interview you gave on camera several months ago, actually a couple of years ago, you pushed this idea of the pizza gate, that somehow hillary clinton was involved with pedophiles in a pizza store in washington. it was so severe that the host of that show asked you to retract it. so i have no confidence in your facts. >> peter, i'm glad you did some research. if you actually watch the videos you would see i was questioning some of the language that was used in the e-mails by john podesta. i said n

differently as a deal maker as a businessman this might actually help him help him along why ben did this i assume he understands that we he will have more attention in the wider spectrum of the political interest if he's going against the president and i think there might be some vanity in it in the end i think trump might be able to to use that for his own benefit because he can distance himself from the far right and win back the voters in the republican center so that's the view on on how this book might end pack public perception but how about when we talk about legally speaking because of course we know that there is an investigation that is underway and on to the trump campaign's ties with russia bannon describing a meeting that the trump campaign had with a russian lawyer as quote treasonous what does that do for the investigation and potentially for the trial presidency in legal terms. in legal terms it will not change a lot because it's only an assessment from an outsider one might say but politically of course it strengthens position it will strengthen the view that there must be an inv

but i assume you might have a dinner view of that. and what do you make -- different view of that. and what do you make of that movement and its political power? kellyanne: any time people who feel like they are powerless or inferior to a superior, who is treating them poorly, particularly i guess certainly in this case in a sexual way, that's a very positive thing. i've been talking about it for years. i've been treated that way myself. i try to talk about it on live tv on october 9, 2016, nobody cared because of who my candidate was. i've been treated that way. i do want to say sfplgt any time somebody can speak up, male or female, these -- the way they've been treet, i think that's very positive. i believe in due process. i believe in people feeling they have a voice and not being powerless. but let me just correct, because i think you're conflating a few things here. the #metoo movement started after you had this just slough of allegations, revelations about harvey weinstein, for example. i'd have to say that seems to me that was the centerpiece of it at the beginning. so i don

i didn't assumed it would be continued disasters each year, although i don't think it's unreasonable to assume that would be further deficit increases as result of future disaster on top of this. so to trillion dollar deficits is where we're headed. under something very close to current law, current law but in the blood will be headed to trillion dollar deficits next year, to trillion dollar deficits within a decade. that's not something we've ever faced before. the highest deficits we've had was 1.4 trillion in the heat of the great recession, and a lot of that was one-time payment we recouped, fannie mae, freddie mac, tarp, things like that. so what does this mean to jet to gdp? it's already higher than any of the event since world war ii. it's already about twice the stork average. even prior to the tax cuts, debt to gdp was rising from 77% of gdp today the 91%. after a decade. that might not sound like a lot to you but it sure sounds like a lot to me. that really would be unprecedented to start, have debt that is so high and continue to rise. as result of this tax cut bill alone,

as i said, by 2019, we'll have $1.1 trillion of deficits. if we assume this two-year sequester relief package, temporary extenders, temporary obamacare tax relief, the tax bill, et cetera, we're at $1.5 trillion in 2027. other than the tax bill, all the things i said why two years. we only assumed two years of see quester relief. then spending will be cut $100 billion. give me a break. we're not going to let defense fall $5 billion. i also assumed the tax is only for two years. i assumed the tax bill as written. even though it has the individual provisions expire after eight years, it randomly decides we're going to amortize research and experimentation after four years and it is a number of other changes that sort of sunset and sunrise in an arbitrary way unlikely to be sustained. let's assume as you of this is extended. congress continues to act as they acted last year and i suspect they'll act this year, a current policy baseline. now we're at $2.1 trillion of deficit by 2027. thank you. $2.1 trillion, scarier when i have the right number up here. $2.

david: i assume she is proud of you, i assume. paul: yes, she is.ughter] david: and -- paul: the answer to your other question, from the beginning a 13.5% net compounded rate of return, so one dollar became about $160, $165. and there were some earlier investors who have stayed in the all the entire time. david: over 40 years, compounded 13.5% net for 40 years, that is pretty good. is it too late to invest retroactively into that? [laughter] david: you have an image being a person that strikes fear into a lot of ceos. you must recognize people are afraid that they will get a call from paul singer. paul: it is good when a corporate executive listens with the understanding that we are real, we have the capacity to carry through on projects that we undertake, and that we need to be convinced. ♪ ♪ david: today you take corporate bonds or government bonds and you are willing to litigate. paul: litigation is always a last resort in a situation in which there is a dispute about seniority or a claim. it is part of the equation. one of the risk-limiting and

secretary mnuchin: again, i assume you have that number there, too. i don't have it in front of me. senator warren: it's $50 billion. nearly $50 billion. so i'm a little surprised that as the head of f sock and the secretary of the -- fsoc and the secretary of the treasury that you would support a bill without knowing how much you're actually reducing the regulation on in these giant financial institutions. these banks hold the equivalent about a quarter of the entire economy. they got $50 billion in bailout money less than a decade ago, and yet you think we can roll back, reduce our oversight of them now. so let me ask -- do you think that these $50 billion to $250 billion banks can't pose a risk to the financial system? secretary mnuchin: again, there could be banks, ok, that do pose a risk and could be designated. the purpose of this is many of those banks are community -- large community, regional banks that -- senator warren: sorry. are you saying a bank of $200 billion is a community bank? secretary mnuchin: they're regional banks. senator warren: are you saying regional banks

you did not demur, so i assume you would be willing to take on this responsibility two years in a row, is that correct? >> that's correct. >> i really appreciate you, and i appreciate your vice president laying out some of the things that you want to accomplish, so i assume that the trabiining -- the new training facility and the relationship with guardians of the city and the possibility of forming a friends of the san francisco fire department are things that you also envision? >> all will be investigated. >> well, wonderful. thank you very much for your -- as i said, your willingness to serve again because it is a demanding position. >> i have good commissioners working with me. >> good. who are they? -- no. >> commissioner -- thank you, commissioner covington. commissioner veronese? >> you haven't run for the door yet. maybe we should just bar it. i just want to lend my support as well, to this entire commission. not to blow smoke at you guys, but i've served on commissions before. everybody that serves on a commission puts a lot of hard work into it, and i didn't understand at fi

just one example of many things that have gone wrong this year having read many of your articles i assume that you have generally very negative opinion of the american electoral system how it works. if you compare for example mr trump to let's say the obama administration which contributed a great deal to the american government dadt on substance do you think he so far has been really so much worse than the rest well doing nothing. is not good either when it comes to fiscal policy because you have this true debt of the country which we call the fiscal gap which takes into account all the debts that are off the books and those are growing every year. because the baby boom generation which is very large number is getting closer to collecting its benefits from pensions and health care and as it gets closer to the present value cost the cost in the presence of those future benefits gets larger so we have a debt that's growing around six trillion a year actually our fiscal gap is about two hundred trillion you said that that is you know because if that's not because the terms but. they got wor

you have to have longer holding periods, i assume what they'll do, they've had periods they've had -- that will just slightly reduce the capital gains number, i don't think they'll make it its own tax break, i don't know for sure. it turns out, lengthening holding periods doesn't do much of anything almost anyone can hold a stock for longer. any other questions? did i depress you all enough. >> coming back to the cost of debt as mentioned. we've had an abnormally low nominal interest rates in recent years, i think the expectation is as the fed shrinks its balance sheet, we will see nominal rates rise. what assumptions did you make in terms of estimating the cost of debt based on what the interest rate impact is going to be of a shrinking fed balance sheet? >> all the numbers here are based on the congressional budget office assumptions, which assumes that interest rates on average go up about 2%age points over the next 10 years, still below their historic average. but well above where they are today. the cbo basically assumes the fed is going to do what they say they're going to do. w

got to leave it at that gang i assume you will be watching. i hope to hear what you think about it all. thanks very much for being here. >> good to see you, david. melissa: we want to hear from you, what is the most important issue the president should speak about tonight? we've been tweeting it all day. go to twitter. "after the bell." you can vote there, follow us. and you can also see the results at the end of the show. david: i want to see those results. i will stick to the end. we're expecting a big focus tonight on immigration reform. the president making it clear he is willing to work across the aisle but does it work in both directions? an update from georgia congressman buddy carter coming up. melissa: democrats blasting the house intel committee vote to make public a classified fisa memo allegedly showing surveillance abuses by the fbi against the trump campaign. more on that with members of that committee. we have rick crawford here joining us next. >> my emdemocrats colleagues didn't want us to find this information. they did everyt

i assume they don't know what's going on. ake off the head phones what's your name. >> vicky. >> jimmy: and? >> greg. >> i would have guessed that where you from? >> kansas city. >> jimmy: and how long you been together? >> about 28 years. [ cheers and applause ] >> jimmy: oh, that's a long time. wow. did you meet on the street? >> in school. >> jimmy: in school, okay. all right. what class did you meet in? >> you know i don't know. i didn't really talk to him a whole lot. about eighth grade. >> jimmy: you guys talk now? >> yeah, we talk now. >> jimmy: all right so i'd like you to no talking here, write your answer to this question down. okay. and don't show each orange thence. other the answer. please try to be honest. we had couple here moments ago could not have been farther off. it was ridiculous. so i assume you make love? >> okay. [ laughter ] >> jimmy: how long does it take? how many minutes does it take? i'm glad we got a nine-year-old standing right behind you. [ laughter ] sal, ask that kid what his name is. >> what'

i assume they will have faults and flaws. i assume they will make mistakes. i assume that once they are caught in their mistakes because of who they are and the kind of people they are, they will try to cover up those mistakes. >> i was in the east room of the white house when he made that very bittersweet, very poignant, very maudlin speech with his family gathered around him. >> i look around here and see so many in this staff that, you know, i should have been by your offices and shaking hands and would have loved to have talked to you and found out how to run the world. everybody wants to tell the president what to do. and, boy, he needs to be told many times. but i just haven't had the time. >> he is not looking into the camera. he's kind of staring off and going into this stream of consciousness about his mother, who was a saint. >> i guess all of you would say this about your mother. my mother was a saint. >> that's the most honest speech i have ever heard any politician give. and i'm standing there, much, much thinner, younger version of myself, cryin

. >> he said, i'm sure some of them are -- i assume, he said, i assume. it doesn't mean he knows.e said, i assume some of them are good people. >> okay. but a racist -- >> i'm not going to assume that some whites are good people. i'm not going to assume that some blacks are good people. i know that some whites are good people. i know that some blacks are good people. >> but don, but don, if you're a racist, you're assuming that all people who are not like you are bad people. >> no, no, no. >> or subhuman. don, that's what -- and that's why i felt the need to speak out because we can't have shifting definitions because we really are approaching a transformation point in america. it's no longer the economy, stupid. it's the demographics, dummy. and there is a lot of white anxiety out there about -- and legitimate anxiety -- >> about the changing demographics of the country? >> yes, because we live in a country -- >> no, no, let's go through that. we live in a country where the demographics are changing, it's becoming less white. >> correct. >> okay. you're making my point. so, then,

i assume they will have faults and flaws. i assume they will make mistakes. are caught in their mistakes because of who they are and the kind of people they are, they will try to cover up those mistakes. >> i was in the east room of the white house when he made the very bittersweet, very poignant, maudlin speech with his family gathered around him. >> i look around here and i see so many in this staff that, you know, i should have been by your offices and shaking hands and would have loved to have talked to you and found out how to run the world. everybody wants to tell the president what to do. and boy, he needs to be told many times. but i just haven't had the time. >> he is not looking into the camera. he's kind of staring off and going into this stream of consciousness about his mother, who was a saint. >> i guess all of you would say this about your mother. my mother was a saint. >> and that's the most honest speech i have ever heard any politician give. and i'm standing there, much, much thinner, younger version of myself, crying. >> we think that when

that you have more employees, more revenue, more customers all over the world than companies like i assume apple or amazon or facebook but they have higher market capitalizations? does that strike you as unfair in some ways? ms. rometty: i always want to work on higher market capitalizations. the unfair part, i don't feel these things are sort of a burden in that way because what we do is different. it is this combination of having technology and then know how which means you have both of those things together. david: in every country you visit around the world i assume if you want to meet the prime minister or president you have no problem getting in to do that? ms. rometty: yeah but you don't abuse that. there are some really important issues around the world. almost every government we talk to around cyber security, very important things around digital trade. the other one has been about work force and skills. when you look at why are there divisions between people and inequality, every time you will trace this back and it will be about skills and opportunity. so that's what we've been

i assume they're here because of klaus. >> jimmy: poor klaus. are we sure klaus is okay? hter ] while he was in daf ogs trump sat down with cnbc where i think he made what was a bombshell admission. >> reciprocal. i want reciprocal. if they're going to charge 100% for a motorcycle it should be 100% the other way too. and you know, when you mention attacks at the border, a 10% tax on the border for everything coming in, i'm a free trader. totally. i'm a fair trader. i'm all kinds of trader. [ laughter ] [ cheers and applause ] >> jimmy: as if that wasn't enough, the president also did an interview with piers morgan while he was overseas, which is funny because you know, piers morgan was on the "celebrity apprentice." this was a bit of a reunion for them. last time they were together trump was choosing between piers and trace adkins for the title of celebrity apprentice. piers is back in england now, where trump is not well liked. 63% of brits disapprove of the job he's doing. but it seems that nobody passed that note to donald. >> a lot of stuff has been going on between yo

and i assumed that the. style but also what it's more does not. mean you should be the one doing. is that you might settle for the salt that suggests. yes it was pretty wild card it's a wild card with abuse we sure are. you sure. you know the monocle which are moveable so the money you know towards that c.b.s. show is. extreme. you know we still speak. truth. to this assumes. you can. choose to quote. go your. record. or go read my work. almost our home but almost all of. this to get a preview would shorten the meaning would you and then watch as commanding is a clean channel which is trash now it's just going to take you. nothing you as was not what. she can even you knew you would you just don't see what it's like that to say to post. it is ever present. just a little closer look at. this much all over this just a little boy i don't wish i hope of course but i do feel such as the showing of muscle the city of people's little story is the peripherals sure for years just to cool one of the novels it's also one of the. source. of so much as the lights are missing why was that a wha

david: every country you visit around the world, i assume, if you want to meet the prime minister or you have no problem getting into do that? ginni: yeah, but you don't abuse that. i mean there are some really important issues around the world. almost every government we talk to around cybersecurity. very important issues around things like digital trade. and then the other ones, it has been about workforce skills. when you look at why is there divisions between people and why is there inequality, every time you will trace this back, and it will be about skills and opportunity. david: so when -- ginni: that is what we have been working on. david: so when you are meeting with president trump or other presidents, do you see that ceos are willing to say, mr. president, that is not a good idea, or let me give your my thought? it might be different than yours. or people are kind of quiet whenever any presidents are around? ginni: no, my experience is that people are respectfully honest and give their opinions. just as there are times with every -- whether a president or a prime minister

i assume, you know, with republicans it's something -- it's a way for him to try to take credit for the economy. i don't agree with that, but he -- the last thing he should be talking about is this investigation, but this is his core weakness. he's a narcissist. he can't take criticism. to me, i'm not a psychologist, but i think it reveals that he is scared about something and, you know, as you just pointed out he keeps pointing to collusion because i assume he is vulnerable on the question of obstruction of justice. i think he is vulnerable on the question of some of his financial dealings. but what is -- what just boggles my mind is, i think this would get way less attention and we almost certainly wouldn't be talking about this on television right now if he would just keep his mouth shut about it. >> there's a reason why donald trump is careful to keep using the word collusion, because he will never be charged of collusion because collusion is not a federal crime in anti-trust cases which don't apply here. what he and his associates potentially face are things like perjury, obstructi

along with you can and cannot say on the billboard i assume you can't say nothing defamatory new can't say for that right or. and. i think up they are right there. that's right. america has to be put up on the board my daughter angela was murdered seven months ago it seems to me the police department is too busy torturing black folks dissolved actual crime with seven oscar nominations including best film it's clear the movie's themes of racism and police brutality have struck a chord women and minorities are more visible this year the nominees are the most diverse group in oscar history one german heading to hollywood is khatib ben hopped the young director is nominated for best live action short for her thirty minute drama plot to water all of us based on a true story it follows a group of christians and muslims traveling together through kenya islamic terrorists attack their bus and want to kill the christians but their muslim friends protect them. oh. you know what it would. have been was in kenya screening her film when she got the oscar news the awards will be given out on march f

i assume he was going to call bannon anyway so i don't want to exaggerate this but it makes it more -- it will be interesting when bannon testifies before robert mueller and the grand jury. >> again, you really have to wonder what steve bannon's motivation would be to go on the record with a lot of this stuff. have you talked to mitt romney lately? >> well, we haven't talked recently. what i will say his statement about orrin hatch was spot on. i hope governor romney seeks a senate seat. >> do you think he'll run? >> i think there are very good reasons for him to run. i think there are great opportunities for him to go. >> sounds like lanhee chen thinks he's running. >> he'll run, craig. >> bill crystal does as well. engaging over a button size with north korea's leader. starbucks, mcdonald's and your favorite pot shop. one man's quest to make his business the world's next big franchise. ♪ it's time for sleep number's 'lowest prices of the season' on the only bed that adjusts on both sides to your ideal comfort, your sleep number setting. and snoring? does your bed do that? it's the l

i assume that that's what you based your performance on. would you have answer to that? >> good morning, supervisor yee and tang. we do track it, i don't have it right now. we can get that for you. >> supervisor yee: additional 300,000, what are you hoping to accomplish? >> to help better the streets -- more tonnage and service requests in our department and it's skyrocketing, we just need these people to help maintain, keep the city clean. >> supervisor yee: i commend your efforts on this, and anything where we could keep these tobacco, or these cigarettes out of our ocean, better for the environment. ok. >> ordinance appropriates $300,000 in cigarette litter abatement fees. appropriated 4.7 million in the current year, most to public works for street cleaning, some amount to treasury tax for administrative fees. our understanding that the $300,000 represents a surplus in fee revenues from 16-17 and 17-18. it would fund approximately 8900 hours in additional services and we recommend approval. >> supervisor tang: i just wanted to clarify, i just got confirmation that the

so if i were mueller, i would assume i would get one bite at the apple and try to do everything i need to do during -- or -- and particularly prioritize the things i know i need to touch on. >> an, milligram, i appreciate your perspective. >> and to the panel. >> i think the president won't give him one bite at the apple. i believe he will give him zero bites at the apple. >> it is not the president's choice. >> it is. he could -- they could drag out the investigation and they could appeal if they wish to try, if the president should be compelled to testify and third they could subpoena him before a grand jury. then he might have to take the fifth and if -- and we could say could you imagine the president taking the fifth. that is not what he think. s. it is safer to take the fifth than to testify. >> it would be a lot -- >> so he'll conditioned republicans on the hill saying this is an unsavory investigation. >> what about the fbi agents. >> he laid the groundwork for saying something like that. it is clearly politically motivated, look at the bias, why would i sit -- >> and the only

which i assume they'll continue to do. front.that there's not as many workers out there. they'll get pay increases. today you had waste management and wal-mart. - wal-mart is a huge company. and so i assume almost every is getting a tax break, that the workers at that looking at their bosses and saying are we going in this. so far wages have not except you mentioned the small business survey came out. they have a compensation part of it. it went up 6 points from, like, to 23. that's the biggest come on i have seen in that front. have a favourite theory for why we have so many easons to think that wages and inflation go up. surveys. measure of labour mark and tighten it. unemployment. wages other things say should be going up. do you have a theory for why it not kicked in? > first, i'm like a yoda in this. i can - i don't have to - there to your answers question. but they still end up with a question. some recent ones. ould be this article, artificial intelligence and robots are pulling people down. nd then you have mergers all th

brent: martin, i have to assume the drive that made researchers keep trying is going to keep drivinghem until they get it right with humans? martin: yes. but we should be careful what that means. that doesn't mean were going to have full human cloning even though that is a technical possibility. cloning parts of humans for therapeutic reasons, cloning a liver or kidney for someone having to undergo a lifetime of dialysis, i think that's a question we can more or less answer. the question as to whether cloning a full human being is desirable, i think it's something that most of us would have a predictable reaction to. the community will ultimately have to decide. brent: let's talk about the immediate positive side effects. the doctors, researchers, this is good news. derek: not for doctors immediately, but medical research, certainly. being able to limit your study groups of lab animals to individuals that are genetically identical will help them to begin to develop compounds much more quickly than before, because genetic variance within a group of animals is one of the big things you

[laughter] david: the chance of that is zero, i assume? haven't been -- by the time i came along, all the investment bankers had given up on making that pitch because they made it to my father so many times and it never went anywhere. david: what is the reason why you don't want to take the company public? abigail: as with a lot of things, there are trade-offs. so i would say the first thing that my father always said is, we do not need the capital that going public would bring us. so if we don't need the money, why would we go ask for it? i would say beyond that, it is nice to have the flexibility of having the financial accountability being a little tighter. so for example, we do not have to go through the practice of reporting publicly our quarterly earnings. that is explaining the earnings to a broad audience. now we do watch our earnings very carefully, because it is all of our money that is the capital base of the company. so don't be confused, returns matter. they matter a lot. but the consistency of the returns probably matters les