joining me now is liz smith a democratic strategist and robert train yum and former bush senior adviserks for joining us. liz, you know new york well and you know bhara well and his business dealings in this area looking into wall street, deblasio, the mayor of new york city and other high profile cases. what do you make of his firing? do you think this was politically motivated? >> of course. it was -- look, let's establish up front that the president is common for the president to sort of shuttle out the past administration's political appointees, but the way that this was done was certainly unconventional and especially after donald trump and preet bhara that he was going to stay on as u.s. attorney and he has earned of the title the most feared in u.s. politics for a reason. couple years ago i'm going to go after the three men in the room, the speaker of the house and the governor so he's someone that really struck a bipartisan tone and earned respect from both sides of the aisle because he was equally opportunity in who he went out both democrats and republicans and really was seen

liz smith, thank you. jenna?nother big story, break in the case of recent hate crimes nationwide, authorities arresting a suspect in st. louis where threats to jewish community centers as well as the anti-defamation league in new york. the arrest involves only a fraction of that more than 100 threads and dozens of states that we've been watching as investigators say there is actually a romantic twist to this arrest. we are going to need some explanation on that. laura ingalls tracking this story from our new york city newsroom. >> it is the bizarre line we saw in the criminal complaint today, but we want to explain it all. this may actually solve part of the puzzle but not all of it. investigators say they believe 31-year-old juan thompson of st. louis, missouri, was behind eight bomb threats, called into the anti-defamation league here in new york and some jewish committee centers around the country. investigators say thompson made the threats using an ex-girlfriend's name in an attempt to frame her after she br

senior fellow at american values action and democratic strategist liz smith.oining me. that wraps up this hour of msnbc live. i'll be back here at 5:00 p.m. stern me. keir simmons picks up our coverage from here. no, i'm good. come on, moe. i have to go. (vo) we always trusted our subaru impreza would be there for him someday. ok. that's it. (vo) we just didn't think someday would come so fast. see ya later, moe. (vo) introducing the all-new subaru impreza. the longest-lasting vehicle in its class. more than a car, it's a subaru. and you're about in to hit 'send all' on some embarrassing gas. hey, you bought gas-x®! unlike antacids, gas-x ® relieves pressure and bloating fast. huh, crisis averted. bounty is more absorbent,mom" per roll so the roll can last 50% longer than the leading ordinary brand. so you get more "life" per roll. bountythe quicker picker upper i'm raph. my name is anne. i'm one of the real live attorneys you can talk to through legalzoom. don't let unanswered legal questions hold you up, because we're here, we're here, and we've got your bac

. >> bill: liz smith served for martin o'malley. good day to you. trump slump, blame game.there truth to cavuto's point at the moment? >> yes, it's like saying is water wet or the pope catholic. it's so blatant and obvious with some journalists it's comical. that said, that's where donald trump has been able to use social media in two ways to get his media out and expose reporters that are for more political operatives than journalists because what they tweet and put on facebook is so overtly partisan and antithe president it clouds what they try to report. liz, i don't think you agree but start the conversation. you heard what he laid out and believes some people just want the president to fail. >> look, if president trump thought this could be a cake walk and the media would roll over welcome to the nfl and the person to blame is the person he sees when he looks in the mirror. >> bill: how come? >> let's check the tape. he had an immigration executive order twice struck down by the courts. he said he would repeal obamacare on day one. it's day 68. it went down in a ball o

smith, are you there from haverford? hank, can you hear me? >> yes i can, liz. liz: what happened here?n 40, 50 point, most of the session, but suddenly, could it be the issue that is happening out of washington with jeff sessions or is it simply a little bit of concern on ban of frothy snapchat ipo. i don't know. what do you think here? >> might very well be the hastily-called press conference of attorney general sessions. and is it could be a little bit of profit-taking from a very robust previous day. maybe a combination of both. plus, but look, i think this bull market is still well intact and isn't going to get disrail regardless of this press conference. liz: regardless of this press conference. all right, everybody has been talking about the trump bump and trump trade. the president tweeted earlier this morning trillions were added since election day. this is true to the market cap. but at some point, a guy like you who has been in the business for decades, do you look at this, say, all right, i will specifically pick names that i need to jettison? is there a name right now that

smith, bbc news, edinburgh. in a moment, we'll speak to the economistjournalist and broadcaster anne mcelvoy. joining me now from our westminster studio is the plaid cymru mp, lizank you very much forjoining me this evening. to what extent is there a conversation now in wales that it should examine its future in terms of independence? well, without a shadow of a doubt, this is the time we should be discussing this, just as the prime minister, theresa may talks about forging a new relationship with europe and the rest of the world, surely now is the time also for a discussion to be happening between these four nations and forging a new relationship amongst ourselves. is that about a sense of nationalism 7 amongst ourselves. is that about a sense of nationalism? or are there ha rd facts sense of nationalism? or are there hard facts backing that up? of course, there are hard facts backing that up. we have devolution, our own assembly in wales. we need to work out a working relationship between westminster and the assemblies and parliaments of wales, scotland and northern ireland. that is a partnership of equals. now you've said that wales currently sells more good

liz sent us this shot from new york. >>> still a problem when driver after driver gets stuck and has to be rescued. drew smith joins us from ocean city. >> reporter: the sun has been trying to peek out but the rain remains intense. that's why i'm hanging on as i stand up here. the big impact from the storm and that's the white caps out on the ocean. flooding came earlier than expected to atlantic city. >> my house is flooded. i live on connecticut. it's flooded. >> reporter: also 1 1/2 hours before high tide streets in margate began to fill up. drivers spent a lot of time in reverse as they try to find a way around the submerged spots. others stopped to get a better look. >> some people enjoy the excitement of this type of weather, like myself. >> reporter: even after the floodwater starts to recede, you can see all the debris that's left right out in the middle of the street all the way down. >> it was a little worse than we anticipated. we were looking for 6, 6 1/2 feet above low mean water and it came closer to 9 feet. >> reporter: in north wildwood, the ocean pounded the beach. homeowners came down to che

liz: next guest is a chief exec hif, he says this is exactly what new ceos do. they force departments to make cuts across the board. joining me is swiss america trading corps chairman, craig smith. government has gone the way too big, can't afford it. can a business guy get them to listen to him? he has to get eight democratic senators to pass the budget. >> i love nancy pelosi and the other gentleman's comments how this is going cut programs. this is a blueprint. the details won't be laid out until may. they're speculating on that. but when you look at world class team, and i know you cover business. guys like rex tillerson, and people like steve mnuchin and scott pruitt, right through the list. tom price, ben carson, all these cuts came as a direct result of executive order where president trump said i want you to find twice make your departments more efficient and more effective, and think about it, do you think rex tillerson, who headed up the largest oil and gas company in the world emac, just said, we'll cut 26% and worry about it later? he knows how to do it. and matter of fact, most it is going to be foreign aid. so this whole nonsensical idea that mr. trump is going to