one of kara swisher's latest pieces digs into this.me, techies, but here are the seven reasons why silicon valley likes donald trump." kara swisher is the executive editor of recode. she joins us now on the cnbc news line. you admit in the piece you write it somewhat >> you do say that the transition team has been much more engaged with the tech community than in the past. how so? >> well, they just feel like they're getting communication -- better communications with them and that they're going back and forth much -- in a much easier way. i don't know if that's entirely true. i just think they're surprised they're getting any communication since they were so opposed to the trump campaign. so i think that they're getting any pleasant communications is a surprise to them. >> what do you think the first policy moves from companies will be? i mean, these tech companies are among the -- i would say most common offenders of the fact that they store, you know, multibillion dollar cash piles abroad. do you think that they will actually respon

kara swisher out in san francisco.thanks a lot. >>> some breaking news out of team trump. another reported cabinet pick. john harwood is in d.c. with more. john? >> john, cnbc has confirmed that kathy mcmorris rogers, the highest ranking republican woman in the house of representatives, she represents the state of washington, is donald trump's pick to be secretary of interior. she's somebody who's focused on issues of hydropower in the house of representatives, the interior department is one where the -- had been considering mary fallon, the governor of oklahoma. he has now selected cathy mcmorris rogers of the state of washington in the house of representatives. adds more diversity to his cabinet, and that cabinet is rapidly filling up, guys. >> plus, his take on presidethe president-elect's late night tweeting when we come back. there's a lot of places you never want to see "$7.95." [ beep ] but you'll be glad to see it here. fidelity -- where smarter investors will always be. if only the signs were as obvious when y

recode's kara swisher is going to bring us some details next. what's the value of capital?t's critical thinking like? a basketball costs $14. what's team spirit worth? (cheers) what's it worth to talk to your mom? what's the value of a walk in the woods? the value of capital is to create, not just wealth, but things that matter. morgan stanley we need to be ready for my name's scott strenfel and r i'm a meteorologist at pg&e. we make sure that our crews as well as our customers are prepared to how weather may impact their energy. so every single day we're monitoring the weather, and when storm events arise our forecast get crews out ahead of the storm to minimize any outages. during storm season we want our customers to be ready and stay safe. learn how you can be prepared at pge.com/beprepared. together, we're building a better california. >>> demonstrators assembling outside the consulate about controversy in aleppo. a cease-fire evac unraveled today. >>> mylan will start selling a generic version of its epipen. mylan says it will charge $300 for the two-pack. it will rea

you may have heard comments from our very own jon najarian who called out kara swisher for calling out the tech executives who went to the meeting yesterday in trump tower. we want to welcome in now on the telephone kara swisher herself. >> i have no idea what he said but whatever. >> he'll tell you exactly what ep said right now. >> oh, gosh. >> i follow you and i have enjoyed your insights. i thought your comments about the tech executives going to meet with mr. trump were divisive, i didn't think it was about bringing america together. i know your job isn't to make things productive here but i didn't think there was anything positive about the comments you were writing about them meeting with mr. trump yesterday. he is the president-elect. >> i didn't say he couldn't meet with them. you didn't read carefully. i said they should speak out on political issues. that's a very different thing. the last time i checked we're allowed to speak about the feelings we have on different issues and donald trump said a couple of appalling things about tech that now he's taking back, and maybe that

kara swisher joins us at post 9. >> how you doing?how important is his relationship to that company? >> he's on the board of a company accuse of bad things. there's a lot of people, kissinger and shults and others. it's not great to be on that board. at this point with the amazing reporting of "the wall street journal," really problematic company and more to come. there's lawsuits, all kinds of things he could get dragged into. walgreens or one of them is suing them, all kinds of allegations of fraud and things. >> the company was that they cobbled together a board with a lot of diplomatic expertise but with no medical expertise. >> none. >> it was a board that was totally incompetent. i don't know how else to put it. there's a lot of incompetent boards but this one takes the cake. >> why was he on the board in the first place? >> it's the most unusual board in silicon valley. what is kissinger and all the others doing? you have to wonder what was happening there and of course maybe they were selected for that reason because nobody ha

kara swisher writes what was discussed, including apple's tim cook. microso microsoft, and amazon talking about doing business in china. one person quoted, we definitely gave up a little stature now for possible benefit later, said one source, noting that it was the price of being nice. it was better to be quiet now and speak up later to save our powder. we'll talk with kara. bezos called it appropriate but some said it was inappropriate where trump's children took up three seats where you could have put another executive. >> we have to understand this is a different kind of administration where family is very important, in part, because the kids are grown, in part because the kids are very good business -- he's done some things with kids and they're not kids. they're people he trusts. this is not like beth truman singing and a -- this is a different era. people better get used to family members playing a role. personally, i think that trump -- i was afraid it might be one of those meetings like where -- >> it's a lashing. >> yeah. where he starts out

. >> kara swisher from recode. let's get over to sue herrera.hi, sue. >> here's what's happening at this hour. the federal reserve has raised a key interest rate by 25% in 2017. >>> a u.s. study of zika-infected pregnancies. the findings echo with what's reported in brazil with zika outbreaks. >>> they will pay a fine for violating a rule that permits long tarmac delays. american airlines allowed a number of domestic flights to remain on the tarmac for more than three hours without allowing passengers the ability to deplane. >>> and the postal service's holiday website is offering a media reality website app which is supposed to build excitement about gift giving. it let's receivers take a photo or video with the experience so they can save it and send it. that's the news update this hour. clil, -- kelly, back to you. >> i think it's kind of hip. >> the postal service is trying to innovate. we'll see. >>> the dow below 20,000. our next guest says the dow could hit 40,000 during a trump presidency. that bold call is next. >>> welcome back as the

one of kara swisher's latest columns titled, as he sets down the hair for tech, shame on silicon valley climbing the you toer in silence. she joins us on the cnbc news line. good morning. >> hi, how you doing? >> i'm good. you made your point pretty forcefully earlier in the week. what do you expect the meeting to be about? >> about donald trump's photo app. that is pretty much what i see. it's great for donald trump. fantastic. they're all coming there. they probably won't say much of anything and talk about bringing jobs to the u.s. and try to look cooperative, i think. >> do you think it will go better or the same as meeting between membersst media and the president-elect a couple weeks ago? >> the same. trump will run the whole show. he's running the entire show. they're just showing up and doing, again, they're doing a'yoe opp with hichlt he looks good. they're going to bring jobs to the u.s. and care about the economy and, you know, it's their -- the same thing that went on with romney. it's the same thing that went won al gore and here it is again. >> still though, these are not

you had kara swisher on your show with the best quote i saw all day. the person said, i guess this big country, i guess the united states is a family business now. you know, this person was exaggerating. but when we see the photos of these sons and ivanka in the meetings it has the feel of a family business, and trump certainly is a family ceo. he is running a family corporation. people shouldn't necessarily be surprised. we are halfway between election day and inauguration day and seeing the children very much involved. >> emily, i have been wanting to ask about this. have you written about this coffee thing? >> i did. >> something the "new york times" wrote about it today as well. apparently to the highest bidder, what is this all about? is this a controversy now? >> well, it is a conflict of interest no doubt. ivanka has offered to go to coffee with the highest bidder for a charity auction to benefit sick children. it is a cause eric trump has been championing for years, something she has done and donated for a long time. it is a noble cause. i don'

here to discuss, kara swisher. she is the executive editor of ricoh. thank you for coming on. >> thanks for having me. >> that photo op of the top tech leaders meeting with trump, what do you think this is all about? >> a photo op. that's what i think it's about. so that's what it was. it was a very nice photo op and i don't think very much was said. i've talked to a number of people who were there and nothing happened. and words like "very productive" came out of it, so that could give you a clue, none of the tech leaders talked about it after they left and they ran out pretty quickly. so i don't think anything happened. it was just a large photo op and good for donald trump for getting them all in a room, peter thiel, really, who is his major tech helper. >> what did they get out of it? why go? what did either side get out of it? any of them? >> donald trump gets a great photo op with all the major leaders of tech who opposed him for the most part, were pretty much hillary clinton supporters and have said various things. each of the people in the roo

had kara swisher on your program last night, the best quote from one of the tech leaders in the room for the tech summit yesterday. the person said, i guess this big country, i guess the united states is a family business now. you know, this person was exaggerating. when we see these photos of these sons and ivanka in the meetings, it does have the feel of a family business. trump certainly is a family ceo. he's running a family corporation. people shouldn't necessarily be surprised. we're halfway between election day to inauguration day and still seeing that the children very much are involved. >> emily, i've been wanting to ask you an thbout this, have yo written about this coffee thing? "the new york times" wrote about it today as well, but apparently to the highest bidder, what is this all about and is this -- is this a controversy now? >> well, it's a conflict of interest, no doubt. ivanka has offered to go to coffee with the highest bidder for a charity buzz auction that will benefit sick children. it's a cause that eric trump has been championing for years. this is something t

kara swisher made a strong condemnation about that earlier. we will talk to her.ook at the pre-market. dows going for an eight-day streak. twitter with an announcement about a new live component on their time line. we will get to more on that. more squawk on the street in a minute. you got it! what do you think? if you're going to wish, wish big at the lexus december to remember sales event get up to $2500 customer cash on select 2016 and 2017 models for these terms. see your lexus dealer. is that they contour to your body.r-pedic mattresses... it keeps us comfortable and asleep at night. get your tempur-pedic. the most highly recommended bed in america for as low as $25 per month and 90 night free trial. >>> going to get breaking news on industrial production. let's get to rick in chicago on this wednesday. good morning. >> good morning. we have had cool inflation -- excuse me, hot inflation, cool retail sales. let's see what the november read on industrial production looks like. this is more north pole here, minus four-tenths. we are looking for a down number bu