have gone up 3% or so a year-over-year, and i am looking at research from lindsey group he says larry lindsey income tax inequality declined are you seeing cheeng in terms of the bottom level of people on income sale in terms of their contribution to the economy? and their potential for growth. >> absolutely, this is the miracle of last few years, the fastest growth happening for the entry level lower paid workers great news for everybody long overdue for a raise that is why it is so important that we keep the economy growing, so that those have been left behindr now finding getting a chance to apple were. >> thanks so much for joining us, the president of the minneapolis federal reserve, don't go anywhere my one-on-one with chuck schwab is next. >> what does free stock trading mean for charles schwab's bottom line. >> maria goes one-on-one with vesting legend when wall street returns. i had always heard stories about my great grandfather, but family can only tell you so much... about your history. i found some incredible records about samuel silberman... passenger manifests, census informati

larry lind say. presidesy president and ceo of lindsey group. larry, great to see you begin and you actually like the idea that the u.s. would clamp down on investment flows into china, right? why? >> well let's be specific here it's not china specifically, although they're the most agree jous case. what i think is that the standards that are applied for listing an american company on the new york stock exchange or some other exchange should be applied to everyone who lists on the nyse right now, there's a lot of chinese companies. who don't comply with financial transparency rules >> yeah. >> and it doesn't seem fair to me that they should not follow the same rules as everybody else >> this is also about vulnerability though and i am curious who your perceive as being more vulnerable this this trade war now. let me read a tweet from the global times editor. he says larry the u.s. economy brags with no huge untapped potential, no major science and tech innovation in years, it still launched a trade war more terrible consequences will come is this

the president's response was where is peter >> steven moore and larry lindsey discussed it, at kudlow'surnal reporting. and he was just blaming powell. >> seven deadly sins that peter navarro has outlined are where the president lives okay by the way, if they don't approve the nvidia/mellanox deal soon -- >> let me stop you on that i don't know about that nvidia/mellanox deal everything i hear is that thing is just going to be stuck in no-man's-land. >> jens en huang, the man who created artificial intelligence, able to be actual speech recognition of truth has told me, no, go to whatever, i don't mean it literally. >> of course not your insights, your information may very well be correct, what i will tell you, jim, is that when you are a large company where you have a decent amount of business in china and you're thinking about doing a deal, on which therefore you would need antitrust approval, you're not doing that deal. period your board is like, no way it not happening. that is where things stand now i know that in terms of m&a. no board is giving a go ahead to a deal in which it re

. >> the op-ed on this i point out larry lindsey group says poverty has dropped the poverty rate in 2018king about this inequality is declining. dagen: when fiction feds fairytale telling american people about how the rich and wall street are trying to stick it to you and you are -- preaching inequality message, when that turns when people are not feeling that what do you do? you pivot to impeachment. >> there you go you make a big show as if really hang when in fact there is no rules on this, bingo, we want to turn to u.s.-china trade two sides high level negotiations this morning, ahead of the possibility of increased tariffs on 250 billion dollars worth of chinese goods that tariff increase to go into effect next week china now reportedly turning to ask u.s. lift sanctions on biggest shipping company china costco shipping corporation president trump wade in weighed in. >> i think they feel i am driving a tough barring i have to i told that to president xi this continue to be like a 50-50 deal has to be better from our standpoint i think they totally understand it. maria: joining me ri

actually larry i'm not surprised particularly with lindsey graham because he's a veteran himself particularly with the jag corps so you know he knows and he knows foreign policy really well he knows that this plays right into the hands of isis they will be will see a resurgence and they'll be emboldened look when i fought overseas in afghanistan i fought side by side with the kurds they were tremendous allies of ours they had our back and we are now abandoning them so i'm concerned and i'm glad to see that some of my republican colleagues are as well larry i will search of the areas impeachment of course always in the news joe biden supporting it no 6 in 10 americans apparently supported what do you make of that erick. i think this is going to backfire on the democrats i really do and you know i think that's why speaker pelosi is has a 10 on call in the vote i think she realizes that this is going to be an abyss for some of the blue state democrats that are running and really purple areas from around the country especially on the house. side so i think this is something though where they're n

larry, how do you feel about this? >> you know, i find myself in violent agreement with senator lindsey graham at this point in time.e have a nato ally that is acting against the interest of nato, underscoring what evelyn just said, about these individuals returning to europe and perhaps ultimately doing harm to america and ultimately against american national interests, so, i support senator graham's efforts and hope he and others can convince the president to turn this decision back as best we can. >> larry, i'm sorry, i didn't mean to call you by the wrong name a second ago. >> that's all right. >> do you think there is -- do you think there is a way to get in the president's ear and have him change his mind on this, or is it already too late? is there a way to mitt game sig of the con consequences going forward? >> there's potential to mitigate. we've seen it happen in the past where he has reversed course or he has softened his language, which has allowed the defense department, state department, to then begin to take actions to -- to help the situation. >> what do we do in the future, evelyn, when we need help