i am trying to understand difference between what larry kudlow is pushing back on and what larry kudlow in the white house is doing with regards to respecting the political independence from the federal reserve. there's not a big gap between that piece and what you guys are pushing for. mr. kudlow: i just couldn't disagree more, with respect, jonathan. i'm sorry. there's no moral equivalence between the two. we have never's adjusted that pad policy -- that said policy should be geared towards elections. what we have suggested is that fed policy should be geared towards maximum economic prosperity, and we have noted many times there is no inflation. i mean, the inflation breakeven, as you yourself know as well as anybody, is down 1.25%, which is what rich clarida said and what the chairman has said. that is a different issue. we want maximum prosperity, job creation, and staying with lower inflation. we are not out there talking about a camping. jonathan: every with that, -- about a campaign. jonathan: i agree with that, you're not talking about 2020. mr. kudlow: dudley linked it's pacif

larry kudlow saying earlier they are back on track for talks in october.uawk on the street" will be right back for farmers here, this is our life's work. but when a recall happens, perfectly good food goes to waste. now, we've got away around that. looks good. we're on target. blockchain on the ibm cloud helps pinpoint a problem anywhere from farm to shelf. it's used by some of the biggest retailers everywhere. a nice lettuce. so more food ends up on your table, is that daddy's lettuce? yeah. and less food goes to waste. ♪ ♪ >>> top white house economic advisor confirming last hour the u.s. and china will hold trade talks next month but larry kudlow told me he is not going to predict the outcome. >> president trump himself continues to say we will make a deal as long as it's a good deal for the united states work force and the economy, and the president himself believes china wants to make a deal because they are not doing well. they are not doing well right now, and i think they are going to need some help, and trade might improve their economy. but, but,

thank you, larry kudlow. i think will make this little announcement to you because important, you know the so-called whistle-blower, the one that didn't have any first-class or first-rate or second-tier information, from what i understand. you'll have to figure that out for yourself. i've spoken with leader kevin mccarthy and the republicans, many of them. we were going to do this anyway, but i've informed them, all of the house members, that i fully support transparency on the so-called whistle-blower information even though it was supposedly secondhand information. which is sort of interesting. and other things have come out about the whistle-blower that are also may be even more interesting. but also insist on transparency from joe biden and his son hunter on the millions of dollars that have been quickly and easily taken out of ukraine and china. millions of dollars, millions and millions and dollars taken out very rapidly while he was vice president. i think they should have transparency for that. i've i

larry kudlow downplayed the report.orking, and america is getting paid, and the economy is very strong, probably much stronger than all of this rumor mill, media narrative would suggest. these are very very strong numbers today. mark: total payrolls although -- also climbed to a below forecast 136,000. harold schulz has suspended his presidential campaign. he intended to run as an independent. he called himself a centrist independent, opposing opponents freemedicare for all and public college. he was a longtime hero of zimbabwe who critics say turn into a villain. robert mugabe is dead. he was a driver of the 1970's were of independence that ended white minority rule. his tenure as president was marked by violence and chaos. robert mugabe was 95 years old. global news 24 hours a day, on air and @tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i am mark crumpton. this is bloomberg. did not addd states as many jobs last month as people thought. gains in private payrolls hit a t

vonnie: i just want to fact check what larry kudlow said about 4% on wages. i did look it up, and the last three months has been three point 2% year-over-year, 3.3%, 3.2%. what did he mean by 4% plus? alix: he's talking about --ira: he's talking about the momentum, so basically if you took the last three months in isolation and annualized that. that was my point earlier in our discussion, was that the momentum on the wage site has been ok, even though job great.n hasn't been great. the some of that -- the sum of that is ok for the economy, and shows that things might be stabilizing somewhat. the consumer has really been the big heartbeat of the economy so far, with the manufacturing sector continuing to decline and being more of a problem for the economy than a help. vonnie: thank you. ira is bloomberg television's chief u.s. interest-rate strategist. guy: let's get more on the impact the global markets. we are joined now by caroline u.k. deputy cio. does the payroll number change anything for you? caroline: not a great deal. it was slightly weaker than what

liberty. ♪ national economic council larry kudlow i want to talk about usmca. red kevin mccarthy about possibility of it being passed here is what he said. >> real critic cal time is now if having negotiations with china if having 70th anniversary see president in november this is moment in time should be stronger. >> secretary perdue said if we can't get this done anybody pols guess getting anything else done. >> if this is not done by thanksgiving it will won't get done. maria: then with a larry kudlow. >> you know, i -- increasingly bullish on this. we had i guess i am allowed to say this, my friend and former tv partner jim cramer, interviewed speaker pelosi, i guess two evenings ago and she was quite optimistic she suggested they could get to yes. i think jimmy said will you give president trump a win? and she said actually, it is not a republican win not democratic win would be american win. >> i was surprised she said that it made me feel like maybe there is a warming to it. >> that is right, look. i know her bob lighthizer ambassador lighthizer has been

index is has gone substantially up which was an incredible larry kudlow wherever you may be larry please stand. me just gave me these numbers. and existing new home sales are through the roof just came out or oil prices have gone down ever since the saudi arabia incident and they've gone down very substantially so we have plenty of oil. but those numbers were surprising to larry in the extent of the increase is that a correct statement so thank you larry kudlow. we think we'll make this little announcement to you because important you know the so-called whistleblower the one that didn't have any 1st class or 1st rate or. second tier information from what i understand you have to figure that out for yourself. but i've spoken with leader kevin mccarthy and the republicans many of them. and we were going to do this anyway but i've informed them. all of the house members that i fully support transparency on the so-called whistleblower information even though it was supposedly secondhand information which is sort of interesting. and other things have come out about the whistleblower that are

all right larry kudlow is now with us.men, he's with the national counsel director and he joins us now all set larry here we go. here's my interpretation i'll start with my point of view. on the you nigh if i was going to do this i think it is very, very modest job growth in a slowing economy which is being slowed by uncertainty over china trade. tell me i'm wrong. go ahead. >> you're wrong. [laughter] >> exponged on that will you. >> no stuart, you know, i have greatest respect for you. nobody better in the business look -- let me just try to -- illuminate numbers 130,000 payroll a solid number not a spectacular number by the way seasonably, the august print cially comes in low and then revised high or. but let's not get that out. here's the story. here is the story. okay -- the household survey. household survey from which unemployment rates are derived household survey tends to be smaller business newer businesses, and leading indicator exploded exploded. 590,000 new jobs in the household survey. that is virtually unpre

that would be larry kudlow, top economic adviser to the president. he joins us live from the white house in our 11:00 hour. yes, indeed. "varney & company" is about to begin. stuart: you're looking live at the white house -- i'm sorry, at the house intelligence committee hearing room. the acting director of national intelligence, joe maguire, he's set to testify on the whistleblower's complaint against president trump and as we said, that complaint has just been made public. hillary vaughn standing by at the capitol with more on this. bullet points, please, hillary? reporter: the whistleblower does admit they did not have a first-hand account of a lot of events that they then went on to describe in this complaint but they do say that at least half a dozen u.s. officials voiced concerns to the whistleblower about the president trying to use the advantage of his office to try to entice foreign governments to interfere in the 2020 election. one of those at the center of this is of course this phone call with the ukrainian president and obviously, presid

so thank you, larry kudlow. we think we'll make this little announcement to you because, you know the so-called whistle-blower, the one that didn't have any first-class or first-rate or second-tier information, from what i understand, you'll have to figure that out for yourself. but i've spoken with leader kevin mccarthy and the republicans, many of them, and we were going to do this anyway, but i've informed them, all of the house members, that i fully support transparency on the so-called whistle-blower information, even though it was supposedly secondhand information, which is sort of interesting. and other things have come out about the whistle-blower that are also maybe even more interesting. but also insist on transparency from joe biden and his son hunter on the millions of dollars that have been quickly and easily taken out of ukraine and china. millions of dollars, millions and millions of dollars taken out very rapidly while he was vice president. and i think they should have transparency for that. i'v

larry kudlow just talked to the press. we will go straight to the white house for the details on that. tax cuts 2.0. >>> meanwhile, there's a brewing battle over biofuels. it's the refiners versus the farmers in a war over ethanol that has two sets of trump supporters at odds. both sides are here to react the a possible deal. >>> sicybersecurity firm cloudflare, its ipo skyrockets. they are laughing and rightfully so. the ceo matthew prince will be here to tell us how his company has been able to run the wall street ipo gauntlet. less than one hour to the closing bell on this friday, the 13th. i'm ashley webster in for liz claman. let's start "the claman countdown." ashley: but we begin with breaking news. sentencing proceedings under way for actress felicity huffman in federal court in boston. her husband, william h. macy, the actor, is with her as she already pled guilty in may to conspiring to pay $15,000 to a fake charity that essentially facilitated cheating with her daughter taking a college entrance exam. prosecutor

so thank you, larry kudlow. we think we'll make this little announcement to you because important -- the so-called whistle-blower, the one that didn't have any first class or first rate or second tier information from what i understand. you'll have to figure that out for yourself. but i have spoken with leader kevin mccarthy and the republicans, many of them, and we were going to do this any way. but i've informed them -- all of the house members, that i fully support transparency on the so-called whistle-blower information. even though it was supposedly second-hand information. which is sort of interesting. and other things have come out about the whistle-blower that are also maybe even more interesting. but also insist on transparency from joe biden and his son hunter on the millions of dollars that have been quickly and easily taken out of ukraine and china. millions of dollars. millions and millions of dollars taken out very rapidly. while he was vice president. and i think they should have transparency for

index is has gone substantially up which was an incredible larry kudlow wherever you may be larry please stand. me just gave me these numbers. and existing new home sales are through the roof just came out. oil prices have gone down ever since the saudi arabia incident and they've gone down very substantially so we have plenty of oil. but those numbers were surprising to larry in the extent of the increase is that a correct statement so thank you larry kudlow. we think we'll make this little announcement to you because important you know the so-called whistleblower the one that didn't have any 1st class or 1st rate or. second tier information from what i understand you have to figure that out for yourself. but i've spoken with leader kevin mccarthy and the republicans many of them. and we're going to do this anyway but i've informed them. all of the house members that i fully support transparency on the so-called whistleblower information even though it was supposedly secondhand information. which is sort of interesting. and other things have come out about the whistleblower that are als

we focus in on larry kudlow's comments in our headlines.king about a certain optimism in the wind when it comes to china. let's see if there's any optimism for mark cranfield, who joins us live. let me ask you about what is going on in the repo markets. it is a bit of the money market that rarely gets our attention. it has our attention over the last 40 hours or so. we expect the fed -- 48 hours or so. we expect the fed to act again. is this going to have any impact? >> as long as the fed gets on top of it and start dealing with the day to day issues, it should not have too many repercussions across the markets. it is a major problem for them. the wall street traders have been forced to hold more and more infantry, treasury bonds in particular at the same time that the cash supply in the market has been dwindling. the fed has been reluctant to help them smooth the market because officially, the fed is trying to lower its balance sheet, it's trying to let bonds runoff. they don't want to increase their bond holdings any further. what they di

manufacturers index has gone substantially up, which was an -- larry kudlow, larry, please stand up. they just gave me these numbers and existing new home sales are through the roof. just came out. oil prices have gone down ever since the saudi arabia incident and have gone down substantially so we have plenty of oil. but those numbers were surprising to you, larry -- is that a correct statement? so thank you, larry. we'll make this announcement to you. the so-called whistleblower, the one that didn't have any first class or first rate or second tier information, from what i understand, you have to figure that out for yourself, but i have spoken with leader kevin mccarthy and the republicans, many of them. and we were going to do this any way, but i have informed them, all of the house members, that i fully support transparency on the so-called whistleblower information even though it was supposedly secondhand information, which is sort of interesting and other things have come out about the whistleblower that are also even more interesting, but also insist on transparency from joe b

the pmi manufacturers index has gone substantially up which was an incredible -- larry kudlow just gave me these numbers, and existing new home sales are through the roof. just came out. oil prices have gone down ever since the saudi arabia incident, and they've gone down very substantially. so we have plenty of oil. but those numbers were surprising to you, larry, and the extent of the increases. is that a correct statement? so thank you, larry kudlow. >> as the president reads through his schedule and gives that media critique, the senate intelligence committee is now also in possession of that whistle-blower complaint at the center of the growing scandal with donald trump and the leader of ukraine, the one that commenced impeachment proceedings and now may see to this whistle-blower's complaint, and maybe the whistle-blower himself before being before congress. go back to the president. >> leader kevin mccarthy and the republicans many of them. and we were going to do this any way, but i've informed them all of the house members that i fully support transparency on the so-called whis

something echoed 45 minutes ago by larry kudlow.ten. >> china is in the commodity markets buying a huge volume of soybeans. i think their soybean imports in the united states have now increased by over 80% against last year. and furthermore they're looking to buy large amounts of pork to cover their domestic problems there. so i would say that mood music if you will is very positive. reporter: still no movement if the chinese will add back any concessions u.s. said they deleted out of the last agreement. president trump says companies are moving supply chain from china like apple announcing that the mac book will be made in texas. neil. neil: i want to get the read and politics behind it with greg valliere, agf chief policy strategist. a lot to get into, greg but i wanted to pick your brain on this slow motion but apparently move motion in the right direction on the china trade talks. if we're to believe what is out there, that the chinese committed to buy more soybeans we haven't seen it in the volume the administration seems to be

taylor: we spoke with larry kudlow this morning, the trump administration's chief economic advisor. you to hear about what he has to say about the next round of traits. larry: there are no conditions. they are coming to talk and we welcome them with open arms. our team would like to go back and pick up where we left off in the may talks. whether that will be possible remains to be seen. i don't want to predict it. all i know is we got a new round of talks and i think that is a very hopeful development. taylor: craig, your reaction? craig: so, this is number 13. the fact that the two sides are meeting is a very good thing. at the same time, i would not want to exaggerate any shift on either side than indeed we have quite a few new sanctions in place. we have tariffs going up on october 1. we have a large round of tariffs going up on december 15. does that help negotiations were hurt negotiations? are we closer to a deal or further away from a deal? i think time will tell. i appreciate larry kudlow's optimism. he knows a lot more than i do. i hope that he is right. we have to wish the

house economic aide larry kudlow speaking with us over the next the hours. risk appetites. three days of gains in asia, 4/10 of 1%, not created equal and it tells you why investors are moving out of defenses. you have your cyclicals on their way up, at least today. down to india, less than an hour from now. the question is, are you guys going to play along today? as the futures, indications of concern, and we are going to open in the green. we must remember that after the sharp drop, the sharp direction we saw last tuesday, we are seeing a little bit of consolidation. that said, there is weakness in the private sector space, specifically banks, and we continue to see foreign totfolio investors continue sell, and that remains a challenge for the following markets. for now, we are expecting a little market consolidation to come through. tesla motors firing a warning. what should be looked -- what should we be looking out for in terms of the indian auto sector? >> more bad news perhaps. auto volumes have been dwindling for the indian automotive sector for the p

taking center stage as larry kudlow sees a softening move, but another advisor says the president could escalate the situation. sterling jumps after jean-claude juncker says that he thinks a brexit deal could be reached by october 30 fourth -- october 31. ♪ matt: good morning from a very busy berlin. we have a office full of reporters who have been here all night long, like the lionel richie song, because the german climate cabinet has been meeting since yesterday and has not been able to come to a decision on the possibility of a carbon tax or extension of the cap and trade system, and has not come to a conclusion about what environmental -- kinds of environmental package that could be in the tens of billions of euros ity wants to present. nejra: it will be interesting to see what that includes, and if angela merkel disappoints. she was criticized when she was environmental minister. it is the number one concern of german voters, and as far as what we could get, there are questions over some kind of extension of the emissions trading scheme, may be moving that to other sectors, and if

larry kudlow says there is a certain optimism on the wind. two sides last met in shanghai in july. >> this is like two parents fighting and the children are, like, hiding, and they are upset. that's the rest of the world. it is slowing trade, but long-term, a potential decoupling of these two giant countries actually results in lower growth for everyone. ka: the world bank says global growth will decline more than estimated with the pile of negative yielding debt indicating expansion will be slower in the coming months. the bank president says the slowdown is broad-based and expansion this year will fall short of its projection of 2.6%. willem marx case threatens to undermine boris johnson -- a landmark case threatens to undermine boris johnson. lawyers watching say it is hard to predict how things will turn out. johnson's legal team did promise to reveal what he would do if he were to lose the case. employing cloud seeding in an attempt to clear thick haze over kuala lumpur and the surrounding regions. six indonesian provinces have declared

temporary permit workers are up but when you look at the chief economic adviser larry kudlow, framingeport as a win for the white house. >> america is working in america the economyaid, and is very strong, stronger than the rumor mill media narrative would suggest. these are very strong numbers today. romaine: here to help us dive deeper into that narrative, nick bunker is an economist at in deed hiring lab. when you look at these numbers, it seems to suggest the economy is at least healthy but there is a lot of concern about the slowdown we are seeing in jobs growth. what is the main takeaway? was it a positive report? >> we are seeing a slowdown but let's keep in mind even with private sector, those are above the level we need to keep up with population growth. we are seeing a labor market growing at a fair pace but coming down from the hot 2018. joe: are we to decelerate? is this what a prerecession slow down looks like or is it to premature to say that based on what you are saying was a hot 2018? nick: there is a deceleration. the labor market has lost the mentum. not only are we

i like larry kudlow as much as the next guy.ers are strong, which is growing faster than inflation but the unemployment rate is a lagging indicator. something is changed in the economy and we know that from other trends we see. manufacturing is shrinking for the first time since president trump was elected. that's a bad sign. businesses are buying less equipment. business investment has gone down. you talk to ceos, business leaders and they cite the trade war, it produces uncertainties and we've got more tariffs coming along that are going to hit earbuds and flatscreen televisions and shoes. something like 70% of shoes in the country made in china. people are worried about these global trends and i think we need to look at this jobs report in that context. >> bret: we put this up often in a change in time to time, the real gdp growth is ground. consumer confidence up as is the average hourly earnings. the fed chair today, chuck with some comforting news even though he did lay the cards down about how the rates changes will happe

larry kudlow just talked to the press.raight to the white house for the details on that. tax cuts 2.0. >>> meanwhile, there's a brewing battle over

so thank you, larry kudlow.e think we'll make this little announcement to you because it is important. the so-called whistle-blower, one that didn't have any first class, or first rate or second-tier information from what i understand. you have to figure that out for yourself but i have spoken with leader kevin mccarthy and the republicans, many of them and we were going to do this anyway but i've informed them, all of the house members that i fully support transparency on the so-called whistle-blower information, even though it was supposedly secondhand information, which is sort of interesting. and other things have come out about the whistle-blower that are also maybe even more interesting. but also insis on transparency from joe biden and his son hunter on the millions of dollars that have been quickly and easily taken out of ukraine and china. millions of dollars, millions an millions of dollars taken out very rapidly while he was vice president. i think they should have transparency for that. i've informed

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so letang you larry kudlow. think we will make this little announcement to you because it is the so-called whistle blower, the one that didn't have any first class, or first rate or second tier information from what i understand. you will have to figure that out for yourself. but i have spoken with leader keith mccarthy and the represents, many of them, and we were going to do this anyway, but i have informed them, all of the house members, that i fully support transparency on the so-called whistle blower information, even though it was supposedly second-hand information, which is sort of interesting. and other things have come out about the whistle blower that are also maybe even more interesting. but also insist on transparency from david jacoby and his son hunter on the millions of dollars that have been quickly and easily taken out of ukraine and china. millions and millions of dollars taken out very rapidly while he was vice president. i think they should have transparency for that. i have informed the lead

downward as well but the white house today is making the argument the president's top economist larry kudlow making the argument that when you look underneath the hood and the details this jobs report they say proves that the economy is still humming along. a couple different numbers that kudlow is pointing to first off, wage growth. you saw the number that edward threw up there. kudlow is talking about a different one though pointing to the last three months of wage growth and when he says you take the average of the last three months and the average of that time period from one year ago, the white house is trying to make the case that it is over 4% over the past year, but they are also pointing to the household survey, which grew according to that survey, the labor force grew by some 590,000 people over the last month. now the household survey has been going up in the last few months, but connell it was something that the administration was steering far clear from. you didn't hear a peep about it earlier this year especially in march and in april when that reading was negative. now, the wh

national economic council director larry kudlow joined us earlier this morning saying conversations withhina on trade have been going well take a listen. >> the phone call night before last between secretary mnuchin and ambassador lighthizer and vice premiere lee yao hey went very well. that's important they have decided now the deputy's level, the deputy's level will continue in washington later this month. and from that deputy's level meeting, will come an agenda and an outline so that the principles will meet in early october >> joining us now on set of post 9 is the chairman and ceo of anaplan, frank calderoni you can give us a look at how this is really affecting businesses at the micro level. we talk about this at the macro level all the time but what kinds of customers are coming to you really wanting to get all of the use they can out of your software, running these scenarios? is it mostly focus who have manufacturing in china, retailers? who? >> so, jon, we're a planning software company so whep our customers do different kinds of what if analyses tariffs is a great example many

larry kudlow is leading these discussions. but there is no doubt these things are related. there is a broader economic war, if you will, that is being waged here by the trump administration. we have seen everything from technology to immigration to chinesevisas to investment in u.s. companies being targeted by the trump administration, or considered as potential targets. this is more of that same gam e. amanda: i don't know if you agree, but the difference to me between a tariff and a limit on capital is a norm us. justify, notould all economists would back you up, but in terms of trade and protecting your industries. this feels like a sanction, something that you would do to some of you were trying to punish, not negotiate with. shawn: at the imf, they would call this a capital control. these are things that the u.s. has actively lobbied in the past. u.s. has been lobbying china to open up its financial markets. shawn donnan, thank you. wonderful reporting. we appreciate your contributions in washington. for more on this, the economic impact of what may happen if this were

index is has gone substantially up which was an incredible larry kudlow wherever you may be larry please stand. me just gave me these numbers. and existing new home sales are. through the roof just came out well pray.

the white house chief economic advisor larry kudlow saying that this was a strong jobs report though he august jobs numbers typically come in low and then are revised upward. he also did find a bright spot in what's known as the household survey which found that in the month of august, 590,000 more people were working than in the month of july. listen to what kudlow said this morning. >> america is working. america is getting paid well. america is spending and saving and producing. so i think this is a dynamite report but you have to look under the hood. >> got to look under the hood for those other numbers. the president calling on the fed to lower interest rates to keep the economy going strong. the president has made no attempt to hide the fact he is not happy with fed chairman jay powell. thought he raised interest rates too high too fast. he wants to see the fed rate come down a full percentage point. not at all once but incremental decreases in the next few months. we'll see what the fed does. >> bill: we'll bring in chris wallace anchor of "fox news sunday". let's start with th

we will be live with the national economic director larry kudlow at 9:30 eastern. will notwork's be the celebration that the office unicorn once foresaw, targeting valuation far below its last round. this is bloomberg. ♪ . ♪ ipo may not be the celebration at the start of hope for. be company is said to seeking a valuation of about $20 billion to $30 billion when it goes public, less than half the valuation that the unicorn secured from softbank just a few months ago. our senior reporter is here with us with the story. what happened? yft gosaw uber and l public earlier this year. the market saw where they came in. people now looking at wework, projecting ahead, looking at the performance, and maybe early feedback from investment was not what bankers were looking for. that feedback has been conveyed to the company, and now expectations have been lowered. amanda: one of the things that was striking is the perspective, some unusual elements to it. we learned some things about the interdependence of the company's founder, in terms of the businesses inside. does all of t

first graph that larry kudlow and i showed donald trump was the congressional budget office showing that the debt is going up every year in the future over the next 20 years. the deficit -- they expected it to go up every year, but not down. this is a long-term problem that we have to deal with. it is the entitlements, i love this idea that trump has talked about but has not been put into effect. i have to do is cut every government spending program by a penny. every dollar they get, you give them $.99. the next year you give them $.98, and you do that for five years and you have cut the deficit in half. cutting five cents out of every dollar the government spends, i think that the government should cut $.25. let us -- let us have spending disciplined -- discipline. host: this is a democrat line, in pikesville. caller: thank you for taking my call. i am glad you have the representative from the heritage foundation because i believe there policies are just out of line and do not make sense at all. thet of all, donald trump russians and chinese a favor by having this tariff war, because al

. >> the trump administration has the mide of next year.tlan by b larry kudlow told reporters today gnatn he dubbed tax cut 29.0. he said it would be aimed at the middle hlass. but did not offer details beyond that. earlier this week w rm t president rejected a proposal to index the capital gains tax for flation saying it would benefit wealth investors too much. >>>h care was a major focus a last night's democratic debate in houst'n. c the candidateshed over how the system should be revamped. making it the most divisive issue of the campaign. >> i think the obamacare worked. i think the way we add to it replace everything that's been cut, add a public option, guarantee that everyone will be able to haveda affe assurance, number one. number two, i think we should be in a position of looking at what costs are. my plan for health care costs a lot of money. c ts $740illion. it costs cost $30 trillion. >> statu quover ten years will be $50 trillion. every study done showshat medicare for all is the most cost effective approach to providing health care to every man, woman a child in this count

larry kudlow, wherever you may be, please stand up.e numbers existing new home sales are tlut roof oil prices have gone down since the saudi arabia incident and substantially. we have plenty of oil. the extent of the increases, is that a correct statement thank you, larry kudlow. we think we'll make this little announcement to you. the so-called whistleblower, the one that didn't have any first class or first rate or second tier information from what i understand, you'll have to figure that out for yourself, but i have spoken with leader kevin mccarthy and the republicans, many of them. we were going to do this anyway. i've informed them, all of the house members, that i fully support transparency on the so-called whistleblower information, even though it was supposedly secondhand information. which is sort of interesting other things have come out about the whistleblower that are maybe more interesting but also insist on transparency from joe biden and his son, hunter, on the millions of dollars that have been quickly and easily taken

determined to achieve the opposite wayne hay al jazeera hong kong i like how 2nd nomic advisor larry kudlow is warning the trade war with china could take years to resolve. encrease and had a tariffs and recent weeks affecting global markets and supply chains but despite some disruption there are also opportunities for businesses and asia pilot reports from bangkok. with trade negotiations between the world's 2 biggest economies still a work in progress china's close and reliant neighbors are feeling the impact. on the outskirts of bangkok wrote the poem runs a house where a company started by his father the medium sized business is heavily dependent on china factories their supply raw materials wrought upon users to manufacture products for his thai customers the trade war is costing him money but despite that he sees an upside. down i think there's a benefit to be made china may have all the material that i need but here we have skilled labor who know the art and craft we can export our products without going through china or worry about the trade war in one high profile case thailand has

the economic adviser to the white house, larry kudlow, has suggested it may take many years for the unitedd china to resolve their trade war. he told reporters the stakes in the dispute were high, and if it took a decade to sort out, so be it. the world's two biggest economies have been at loggerheads for more than a year. seven south american countries have signed a pact to protect the amazon river basin, the world's largest tropical forest, by co—ordinating their response to disasters. the summit in colombia was called amid global concern over the tens of thousands of fires burning there. the host, president ivan duque, said the establishment of a natural disaster network and a satellite monitoring network would help combat events like widespread fires. eight us states and the district of columbia have launched an anti—trust investigation into facebook. it's in a bid to determine if the social media giant has stifled competition and put users at risk. the investigation wants to determine if facebook endangered consumer data, reduced the quality of consumers‘ choices, or increased the pri

brian: bring in larry kudlow, director of the national economic council. out foreign policy did you have a chance to talk to them about economic policy? front and center i think the japanese trade deal which i think is almost ready? >> one of the best parts of this u.n. meeting, i hope it is not overshadowed by shall we say other things we've been working very hard. ambassador bob lighthizer, we got a very good free-trade agreement. by the way it covers agriculture. our farmers would be able to finally shift stuff to japan. that always has been a stumbling block. we'll make it easier for them to buy our industrial commodities and our industrial supplies. probably the best part of it, brian is, e-commerce. digital trade. digital services which has been estimated to be as much as $50 billion. i think the whole package is 55, $56 billion. the digital services piece will be huge because america has as you know pretty strong technology operators. japan has finally opened the door. it's very similar incidentally to the usmca digital services which is a huge break

joining me, larry kudlow.f china has been ripping us off for years and challenging our navy and stealing our technology and manufacturing jobs. giving the north koreans the green light. how do we get them to play by the rules if it's in their own best interest to break the rules? >> the question i would rather think it this way. the president has spent the last year and a half or so on this topic. he's defending the american economy. he's defending american workers. across the board manufacturing auto, farmers, technology, you name it. he's also defending american security. and he is also defending human rights which has become increasingly a problem, not just with hong kong but with china's other errant behavior. tough questions. the president is a tough negotiator. he's a determined negotiator. he's willing to use tariffs. we may at some point use other means. we banned equipment selling national security sell together huawei phone company and we may have other tricks up our sleeve over a period of time. i d

capital spending by businesses which is something i like to look at, i know my good friend larry kudlow likes the look at business spending, that's down this year so i'd say the growth rate which was three and 3 and a half percent last year is down to two and a lot of this is leading into something i know you want to ask me about which is the trade situation with china area that's the big dark cloud over the economy when i give the economy a b+. this is now believe it or not, this recovery began in june 2009 or in like september 2019. this is one of the longest recovery without a recession . >> úthree for a second, critics would say that trade policy causing the slowdown but is the present approach i write one thenwent to mark . >> that's atough one . i can to support what he's doing on china. every day we see china is a menace on the world scene in terms of their predatory trade practices, a lot of illegal trade practices. they have never really opened up their markets to the united states as we have to them. they are increasingly thhostile in terms of their building up their military

side has discussed a limited agreement that would delay or rollback some tariffs, and larry kudlow saysere is a certain optimism in the wind. the two sides last met in shanghai in july. japanese exports fell for my ninth month in august as trade conflicts compound the global slowdown. the value of shipments fell 8.2% from a year ago, although better than the 10% decline. that leaves a deficit of $1.2 billion. japanxports makes particular volatile ahead of next month sales tax increase. global news 24 hours a day on air and on tictoc on twitter powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. david: thank you so much. coming up ♪ u.s. lawmakers are moving forward with attempts to pressure hong kong over its treatment of protesters by threatening the territories special trading status. senator marco rubio said it is long overdue for the u.s. to respond. a commission on china heard from pro-democracy activists. david: the protests have hit the economy, but unemployment data stood unchanged from the previous,. --haad: joining us now previous

they will hear from vice-president pence, larry kudlow, secretary of state mike pompeo and hershel walker on day two and beginning with the news conference we just showed you and we have more live program coming up for you in about 45 minutes at 10:00 eastern. we'll take you to a discussion on the u.s.-taliban peace process happening at the u.s. institute of peace. when it begins, live coverage is here on c-span2. >> the house will be in order. >> for 40 years c-span has been providing america unfiltered coverage of congress, the white house, the supreme court, and public policy events from washington d.c. and around the country so you can make up your own mind created by cable in 1979, c-span is brought to you by your local cable and satellite provider. c-span, your unfiltered view of government. government. >> now a conversation with house speaker nancy pelosi, she sat down with c-span to discuss a wide range of policy topics in campaign 2020. it's just shy of a half an hour. hour. >> madam speaker, let's begin with the gun debate. the house passed a bill and you're critical of senator

happening here at the white house, but actually happening at the republican retreat in baltimore where larry kudlowng to a few reporters. and kudlow is telling them that the white house plans to unveil a tax cut plan some time next year in 2020 now, this is not a plan, i'm told, that white house officials expect could pass next year. they're very aware that the speaker of the house is named nancy pelosi and is not likely to pass any legislation that they want to see passed on tax cuts in '20. what this is likely to be is the plan that they call here, tax cuts 2.0 it's going to be a campaign document for the president to run on and to make the case to voters going through the spring and summer of next year, if you re-elect me and a republican majority on capitol hill, then in 2021, here's what we want to do in terms of middle class tax cuts that's the goal of this administration, is to put together a plan that will be compelling for voters, that they can talk about during the course of the year next year. i've talked to aides today here at the white house who say there's no current planning for any

his forces stand ready to confront india white house economic adviser larry kudlow is warning that atrade war between china and the united states could take years to resolve both sides of increase and added in recent weeks affecting global moch a sense of pride chains despite some disruption they are opportunities for businesses in asia hi larry or somebody. with trade negotiations between the world's 2 biggest economies still a work in progress china's close and reliant neighbors are feeling the impact. on the outskirts of bangkok wrote the poem love runs a house where a company started by his father the medium sized business is heavily dependent on china factories their supply raw materials wrought upon uses to manufacture products for his thai customers the trade war is costing him money but despite that he sees an upside. i think is a benefit to be made china may have all the material that i need but here we have skilled labor who know the art and craft we can export our products without going through china worry about the trade will in one high profile case thailand has actually