i think secretary mnuchin would say the same thing.sely with the president of the united states. i think we have a pretty good understanding of what he's thinking about things. i think he would agree, stephen, at nearly all times. our mission set is not to talk about these inner workings, and i know you are so curious about it. but rather to talk about the things that matter to american foreign policy. i would just say, people who knew should know and don't get into the administrative things. because yesterday -- >> reporter: secretary pompeo! thank you very much. secretary pompeo from a question about syria. we reported on the refugee camps last night. a reporter talked about how the refugee camps, isis fighters are blending in. there's children dancing around the isis flag. are you concerned about these refugee camps becoming a breeding ground? a training ground for terrorists, isis fighters? >> there's a long history of exactly what you're describing. camps in iraq and other places where prisoners were detained and extremist element

this time secretary mnuchin and i would be happy to do questions . >> did john bolton get fired or did he quit and did he leave the white house and said he disagreed with you in particular over thosetalks ? >> last night the president asked for ambassador bolton's resignation. as i understand it it was received this morning . >> what were the disagreements. >>. ayes, ma'am in the back. >> was it because of this disagreement? >> i'll leave it to the president to talk about why you made the decision but the president entitled to the staff he wants and at any moment, there's a staff person who works for the president and he should have people he trusts and values and whose efforts and judgment benefit him in delivering american foreign policy. it's what as cabinet member secretary mnuchin and i to try to everyday and the president iswell within his rights to do so . >> can you describe your working relationship with john bolton as it was today and also, does this departure make it easier for you to do your job and for this administration to accomplish the president's foreign policy agenda

at this time secretary mnuchin and i are happy to take questions on this topic. yes, sir? >> did john bolton get fired or did he quit and did he leave the white house because he disagreed with you in particular over talks of the taliban? >> so last night the president asked for ambassador bolton's resignation and it was received this morning? >> was it because of disagreements? >> yes, ma'am, in the back? >> was it because of this disagreement? >> i'll leave it to the president to talk about the reasons he made the decision, but i would say this. the president's entitled to the staff that he wants at any moment. this is a staff person who works directly for the president of the united states and he should have people he trusts and values and whose efforts and judgments benefit him in delivering american foreign policy and as cabinet member secretary mnuchin and i try to do every day and when a president does something like this he's well within rs rights to do so. >> secretary pompeo, can you describe your working relationship with john bolton as it was today? >> sure. >>

i think secretary mnuchin would say the same thing.e work closely with the president of the united states. i think we have a pretty good understanding of how he's thinking about things, i think you would agree, at nearly all times. so, you know, our mission is not to talk about the inner workings that i know you are so curious about. but ratter to talk about the things that matter to american foreign policy. >> but did you -- >> i would just add people should know and don't get into the administrative things, the notice went out -- >> thank you very much. secretary pompeo, question about syria, we reported on syria and the refugee camps last night. it talked about how these refugee camps isis fighters are blending in. are you concerned about the refugee camps becoming a training ground for terrorists, isis fighters? >> so there's a long history of just exactly what you're describing, camps in iraq, camps other places where prisoners were detained and extremist elements breeding in those places. we've been working diligently on this and

secretary mnuchin? >> yes, in their current form i do. >> i would agree as well. >> yes, in their current form. >> thank you. i think i heard you each say this, but i want to ask you again. do you agree that the ideal outcome is for congress to reach a comprehensive solution? >> i absolutely support that. >> i think that would be the best bepermanent outcome. >> i believe only congress can reach a comprehensive solution. >> by saying that, direct, that doesn't need that the administration and the appropriate regulatory agencies can't make significant steps? >> absolutely correct. >> that leads to my next question, as we work to get a solution here in congress, do you also agree that it's time for the administration to act and to start building the foundation in taking the necessary steps it can take in order to address this issue and actually help congress get to a comprehensive solution? >> we absolutely feel it's our responsibility to work both tracks, but our priority is to work with congress on a bi

steven mnuchin, mr.retary, where are we in terms of talks with vice premier, you referred to him today at united nations. when will you resume the talks? >> actually i think not next week, the following week, we'll have the talks. we have deputy level talks last week. and made a little bit of progress on that front. we look forward to meeting with the vice premier. lou: at the u.n. today it was a moment of seemed uncertainty on part was media, as on whether or not the chinese delegation chose to skip the agriculture talks in montana and nebraska or whether or not treasury and trade representative suggested too them they skip it. can you clear that? >> i just want to clarify, i didn't' people to think they can't selled the trip -- canceled the trip, they are buying agriculture. we just decided that timing of the trip was not necessarily perfect, they will reschedule that until after the trade meetings. >> you say we, you and lighthizer. >> yes, bob and i. lou: great. let's go to another very important --

i think secretary mnuchin would say the same thing.rk very closely with the president of the united states. i think we have a pretty good understanding of how he's thinking about things. i think you would agree, at nearly all times, you know, our mission is not to talk about these inner workings and palace intrigue i know you are so curious about. but rather, to talk about the things that matter to american foreign policy. >> i would just add that people don't get into administrative things [ inaudible ]. >> thank you very much. reporter: secretary pompeo, we reported on syria and the refugee camps last night. it talked about how the refugee camps fighters are blending in. there's children dancing around the isis flag. are you concerned about these refugee camps becoming a breeding ground, a training ground, for terrorists, for isis fighters? >> there's a long history of just exactly what you are describing, camps in iraq, camps other places where prisoners were detained and extremist elements breeding in those places. but we have been

president, secretary mnuchin pantsed you and he would say pantsed? would say, he made you look foolish because you thought nicole rolf, that hanjun stopped the trade. and i think he would have said to secretary mnuchin, you're fired. and i think the reason why the market is up today is because mnuchin is in charge of the chinese thing, not nicole rolf, and the president looked foolish. and i don't think the president should be made to look like a fool not under his watch. this was not, by the way, secretary mattis this was secretary mnuchin and he let this all weekend fester it was the chinese that made the montana farmers look bad >> are you saying treasury secretary's job is at risk he'll be punished somehow? >> oh, yeah. >> really? >> oh, yeah. you going to make the president look bad in front of everybody >> he's -- he's lasted a long time >> well, yeah, but i was on the apprentice, so was evander holyfield lasted a long time he lasted like ten episodes. dennis rodman lasted a long time dennis rodman went pretty deep. >> like one of our only nona

now steven mnuchin says three to six months we can get this done.s he need congress, penny get it through congress in three to six months? kailey: the election was almost three years ago and we just now got the treasury report. this has been a slow rolling ball. some of it the administration could bypass. congressman mnuchin said he would be comfortable doing that and the net suite would be one of those things. he will be appearing on capitol hill tomorrow and the administration is against the clock. you have the election coming in 2020, and should a democrat take the white house this overall could be thrown out. there is concern fannie and freddie could lead to more extensive mortgages. that is concern for the president going into 2020. if you already have signs of a slowing economy, that is not something you want going into an election year. david: we have to remember fannie and freddie are there to make mortgages cheaper. one of the costs we discovered in 2008 was they are cheaper, but that is because people are taking more risks. how can they ke

mnuchin told foxbusiness news -- mnuchin: part of the conversations we will be having with them is aroundcy manipulation. renita: mnuchin told foxbusiness news that they are willing to continue with tariffs on chinese goods if there is no deal, and says he sees no signs of a u.s. recession. the trump administration wants the uae to tighten the screws on iran. officials are in the emirates to meet with banks and shipping companies. iran says it won't negotiate unless sanctions are lifted. in the bahamas, the death toll from hurricane dorian has risen 44. tens of thousands of people are believed to have lost their homes. survivors are fleeing the worst hit areas of the bahamas for other parts of the island train -- the island chain. investigatingis officials staying in trump resorts. it has resulted in higher fuel costs. a house committee is also investigating. president trump says he knows nothing about it. global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm renita young. this is bloomberg. vonnie:

at one point i asked secretary mnuchin if the national security team is a mess and secretary mnuchin said that was the most ridiculous question he had heard of and then went on to say, no, it was not. i'm not sure it was audible, but i asked whether it was possible to disagree with this president without being fired, and secretary mnuchin said, of course. and so there is obviously this perception now that if you push back too hard on this president, and you're said the president's inner circle, that the secretary said that was not the case. adds you heard a few moments ago, there was other news at this briefing in that it does sound as though the door is open for some kind of meeting between president trump and iranian president rouhani at the upcoming united nations general assembly which is in just a couple weeks. that is something john bolton, the national security adviser, would have been opposed to as well as other issues. i think the other thing that was interesting that secretary pompeo talked about is this whole notion of essentially what is the thrust of this national securi

treasury secretary steven mnuchin says the u.s. and china have made a lot of progress ahead of renewed trade talks next month, adding that the administration's objective is to win a good deal. he insists the rumbling trade wars had no effect on the u.s. economy so far. mnuchin said the chinese team agreeing to come to washington is a sign of good faith and the pboc governor may part of the group. will trump: hopefully, it all work out. we will see. we will be talking next week. we are talking now. they will be coming to the united states in two weeks or three weeks and we will see what happens. unless we are going to make a good or fair deal for our country, let's face it. you cannot go back to a situation where we are giving hundreds of billions of dollars , where that become standard fare. not going to happen. we cannot do it. su: the newspaper of the chinese communist party is taking aim at one of washington's most hawks, saying comments from peter navarro are "unconstructive lies." the presidential advisor repeated accusations

at this time secretary mnuchin and i are happy to take questions on this topic.ohn bolton get fired or did he quit? did he leave the white house because he disagreed with you in particular over the nightn talks? >> so last the president asked for the ambassador's resignation and as i understand it it was received this morning. >> yes, ma'am, in the back? >> go ahead, terry. >> was it because of the disagreement? >> i believe the president to talk about that at i will say that the president is entitled to the staff that he wants edit any moment a step worsen could be fired from the staff of the united states. the president should have people that he trusts and people whose .alues reflect when the president makes a decision like this, he's well within his rights to do so. >> can you describe your working relationship with john bolton? also, does his departure make it easier for you to do your job and for the administration to accomplish the presidents foreign-policy agenda? >> head of give the inner workings of alleys go, i disagreed with mr. bolton times, for that

secretary mnuchin: it's very big. we have cut off all sources of iran.to the top? right to secretary mnuchin: yes. president trump: right at the top. right at the top. you. appreciate it. so we're dealing with many nations. with some of the neighbors to saudi arabia and, of course, we're dealing with arabia. saudi arabia is very much nvolved from the standpoint of what we're doing and what they're doing and we're working together with others. also working on the cost of this whole endeavor. arabia's been very generous. we want to see if it works out works out, that's great. if it doesn't work out, that's great. in the end it always works out. way it is. it always works out. so you'll be seeing certain but a very ning, major factor is what we did. these are the highest sanctions imposed on a country. we've never done it to this level. happening d what's with iran. it's going to hell. doing poorly. they are practically broke. they are broke. problem could solve the very easily. all they have to do is stop with the terror. number one, n the as you know, scott, very we

he added mnuchin did not recall meeting brunell's brother and has never done business with them.did confirm he was long time friends with the owner of next modeling agency. two former next models have been romantically linked to epstein. >>> negotiations are set to resume after tens of thousands of autoworkers across the country officially went on strike over general motors. leaders from the united auto workers union told 50,000 workers at 31 gm plants to walk off the jobs or stay home after talks with the automaker on a new four year labor agreement stalled over the weekend. one of the biggest sticking points is the company's decision in november to close four u.s. factories. the union is also pressing for higher pay, more job security and better benefits. general motors, which is trying to cut costs ahead of an anticipated slowdown in the u.s. auto industry called the walkoff disappointing saying it put forward a fair offer. this marks the first national strike by the union since 2007. president trump weighed in on twitter yesterday encouraging the two sides to get together and

information to help you get started, go to the website, studentcam.oreg -- >>> treasury secretary stephen mnuchin and housing secretary ben carson appeared before the senate banking committee to discuss possible changes to the housing finance system in efforts to pass comprehensive legislation. the head of the federal housing finance agency also testified that this two-hour hearing. >> [inaudible conversations] [inaudible conversations] [inaudible conversations] >> this hearing will come to order. today we are joined by the leading voices within the administration on reforming and strengthening our housing and finance system. the secretary of the treasury, and the secretary of housing and urban development, both of whom have just submitted housing finance reform for fossils to the president, as was the director of the federal housing finance agency who serves as the regulator and conservator of fannie mae and freddie mac. i want to thank each of you for coming to the committee this morning. last friday marked 11 since the government bailed out and put fannie mae and freddie mac into conservatorsh

we had steven mnuchin talking about a lot of things including tariffs.ffs that have been imposed. this list 4 a and 4 b on clothing, shoes, socks what does that mean for under armour, kevin, when it comes to the cost margins and ultimately the prices that we would pay in a store like this? >> thanks, courtney. we wanted to come have this conversation because this is a brand-new transformation that's been moving from defense to offense and as part of that transformation, so much we did was setting ourselves up for the future in large part to be credited to our operations team for actually making china as not a place we're going to feel that great of an effect >> it's great. with the current tariffs, we're actually not being affected much at all only 10% comes to the u.s. from china. we're okay >> you figured out other mitigation tactics >> we have like kevin said, going from defense to offense, we feel this is a quiver in our arrow right now. >> you're in year three of a three-year turn around you have lowered inventory, north american sales haven't stabi

thank you very much and i look forward to answering your questions. >> thank you, secretary mnuchin. secretary carson asked >> thank you, member and for the opportunity to appear before you today to discuss how the department of housing and urban development .-full-stop for this administration efforts to reform the system and i also want to thank the tremendous team that we have assembled for the ugliest building but the best people, especially a special shout out to mike kelly whose birthday is today and in the years since the financial crisis, the federal government has continued to play an outside role in the nation's housing finance system. it's imperative that congress and the administration have to be focused the system that we support access to credit and insurer the government programs do not overlap with and crowd out private capital. i'm pleased to present an overview of the housing finance reform plan that was added to the president last week. he supports millions of families with affordable homeownership opportunities through the federal housing administration and providi

trade tensions ease as treasury secretary steven mnuchin says talks with china continue next week with china now buying u.s. soybeans, can the trade war cool off and give consumers some relief. cheryl: then as president trump gets ready to speak before the united nations general assembly later this morning, more european leaders putting the blame on iran for saudi oil attacks. will there be a face-to-face with president trump and iranian leaders? lauren: the dnc tightening the qualifications for the next round of democratic debates. is it now or never for the struggling candidates. cheryl: get ready, pumpkin spice spam is hitting the market. would you try it? we've got our hands on some right here on set. we'll do a live taste test. it's tuesday, september 24t 24t. "fbn: a.m." starts right now. ♪ ♪ but you got to keep your head up. ♪ and you can let your hair down. ♪ you got to keep your head up. ♪ and you can let your hair down. ♪ i know it's hard. ♪ know it's hard to remember sometimes. ♪ but you got to keep your head up. ♪ and you can let your hair down. cheryl: welcome to "fbn: a.m

secretary mnuchin, welcome back to "meet the press." >> good morning.d to be here with you. >> before i get to iran, the situation between the president, the whistleblower, his conversations with ukraine's president. and this issue of an investigation. i take -- i assume you don't know some of these details, but let me ask this. do you know why the president hasn't gone to the fbi about these allegations? >> i don't, but let me say i wasn't on this call but i have been on many calls with world leaders. first of all, there are multiple people on these calls. i think it would be highly inappropriate to release a transcript of a call between two world leaders. and i think the bigger story here is really what went on with biden and his son. he came out over the weekend and said he never spoke to his son, yet the facts are his son said they had spoken. >> i don't understand how that -- i don't understand how that has anything to do with what's going on with this situation. going back, why, if the president believes an american is committing -- doing somethin

steven mnuchin was also in favor of it.it would be a way to restart negotiations, according to people familiar with the matter. -- support from steven mnuchin for the plan and pushback from john bolton. this is what prompted president trump to fire bolton later that day. crude oil down 2%, a knee-jerk reaction to the idea sanctions might be eased. let's bring in alix steel. why would this impact the oil markets? alix: if we just pretend all sanctions will come off and iran is free to export whatever they like, it would add one million to 2 million barrels of oil per day depending on what iran is producing now. that would add a ton of supply into the market at a time when the department of energy in the u.s. as well as opec are advising down there global demand forecast. we could not absorb all of th oil coming online. what i want to point out is there is a line between taking up sanctions altogether, like iran you are free, to the u.s. considering issuing waivers. the u.s. is very firm on not issuing waivers for countries l

it was very sketchy to begin with. >> right yeah, what you heard mnuchin saying that the united states asked the chinese to back off that visit why would they want them to back off? maybe the media attention surround it could be something that the united states didn't want at this point mnuchin said we didn't want confusion surrounding the negotiation, that is, maybe he doesn't want american farmers to think that we're at an end stage here to this negotiation if in reality we're not. >> okay. eamon, thank you eamon javers englewood cliffs, new jersey today he is, unusual how fragile and how we reacted immediately to that headline that the chinese cancelled this trip. >> amazing to me we didn't hear about this that was obvious what the weakness was in the market, why trump didn't have his ear to the ground on this and we find out a day later you have european pmis in the toilet. we have our growth subject to a recession and now you look at a stock like john deere, up 10% for the year if the talks are still on and nothing to worry about that should move higher. >> the key for the market

it is pompeo and mnuchin. about what they are saying and that is the question, why are they wanting to go to war when pompeo is the man of peace and mnuchin is the man who put the sanctions in, why are they wanting to go to war. that is the question. >> and there are all kinds of mixed signals from day-to-day. the president one day saying he's willing to meet with rouhani without saying -- >> with no preconditions. >> and then he said well that is not true. and then i'm not going to meet with him and i don't care whether he's going to be in new york for the united nations general assembly and then pompeo spending an awful lot of time today with the crown print of saudi arabia. we don't know what the -- what the overall strategy is. it seems to change day by day by day. and it doesn't matter what we know. our allies don't know. and i think that is a problem. >> and with jeffrey said is so important, about wait a minute, what about saudi arabia. i listened to the former defense secretary leon panetta on with bri

here at cnbc headquarters mixed messages president trump and steven mnuchin apparently not on the same page. all caught on camera california opening a new criminal probe into juul the wework's saga apparently just getting started the company's founder and ceo weighs in tech under fire from coast to coast and across the atlantic. ramping up scrutiny. apple and facebook said to get the most attention today the consumer you we'll tell you why "worldwide exchange" begins right now. ♪ >> good morning, good afternoon, good evening and welcome from wherever in the world you may be watching all your big money stories straight ahead if you have not been paying attention to netflix stock, one of the faang's, wow, you should be doing fine until about mid-july, then a constant slide down netflix now going negative on the year wiping out its entire 45% gain good call on the stock by need am who has been worried about netflix and said so on the show many times throughout the year netflix, a name to watch let's go to the macromarket. stock futures are higher once again. do you dow up 93 right now. th

ip asked secretary mnuchin whether or not this national security team is now a mess? now that we're three national security advisers leaving this administration and a fourth on the way. here's what he had to say. >> is this national security team a mess? >> absolutely not. that's the most ridiculous question i've ever heard of. sir? -- let me just say the national security team, which is what you asked, consists of the national security adviser, the secretary of defense, the secretary of state, myself. the chief of staff and many others. >> now i went on to ask secretary mnuchin, not quite audible, brooke, whether or not you can disagree with the president without being at the rick of being fired. secretary mnuchin said, of course, you can disagree with the president but sounds like a number of policy disagreements piling on top of one another not to mention this camp david thing and an issue whether or not the president would sit down with iranian president rouhani and combined with the fact disagreed with the president much of the team on so many issues led to what

steve mnuchin says the u.s. and china have made significant progress ahead of new trade talks next month. iran will also be eight on the agenda. -- be on the agenda. and the alibaba co-founder steps down. kathleen: let's take a quick look at how u.s. stocks ended the session. let's go write down because the dow jones industrial average up about .1%. health care stocks helped boost it. closed minutely lower. it got within one point 6% of its all-time high. despite the trade war a lot of people are still buying stocks. nasdaq down about .2%. stock futures pointing higher. moody's got ford's credit rating. we will hear more on that is that progresses. now i want to get right to sophie to find out how things are shaping up for asian markets. sophie: early in the session and looks like rick sentiment may be stabilizing. stocks could be heading for a mixed start. bonds under pressure tracking the overnight moves we saw in treasury. kiwi 10 year. we are seeing that move lower with yields moving for basis points. declin

. >> my guest this morning, treasury secretary steve mnuchin. >>> and as joe biden and elizabeth warrenseparate themselves from the field. >> hello, iowa! >> the rest of the candidates are on notice, with cory booker saying he'll get out in ten days if he can't raise enough money. >> you've got to grow. grow or get out. >> joining me for insight and analysis are nbc news white house correspondent kristen welker, robert costa, national political reporter for "the washington post," former democratic congresswoman donna edwards and former republican congressman carlos curbelo. welcome to sunday, it's "meet the press." >> announcer: from nbc news in washington, the longest running show in television history, this is "meet the press" with chuck todd. >>> good sunday morning. we're following two huge stories today, both of which could have far-reaching consequences at home and abroad. one involves war and peace. will the united states respond militarily against iran for last week's devastating attack on saudi arabia's chief oil facility? president trump is weighing the risks of war against th

mnuchin just said, the treasury secretary, it's not a big deal delaying these tariffs.t do goodwill gestures? >> he does but this is massively newsworthy. one of the first meetings we had with the president on trade at the white house, if he's in a tricky negotiation and he threatens a lawsuit, it never has any effect on the outcome of the negotiation. before the negotiation you start a lawsuit and threaten to withdraw it, then you can get lots of concessions. he likes to go into it with a hammer. he's gone in with tariffs in place because he has something he can remove. >> this tells you china is giving a lot? >> what is happening is china has fundamentally altered course. i was on cnn from the white house last spring and thought we were at that point. i thought we'd have a deal. they are talking about, where we are going to sign the thing and the chinese pulled away. but now they're back big time otherwise we wouldn't have delayed the tariffs. >> secretary mnuchin who you worked closely with on monday on fox talking about the lack of impact he thinks the trade war has

secretary mnuchin somebody who has gone in and out with the president's good graces. john bolton said, he disagreed with me too often. i decided he had to be let go. >> he had strong views but that's okay. i actually temp erv john, which is now going to be someone else. i like john, i get very good advice from john. >> who are the other people? we know secretary pompeo. i don't know that i've described him as doveish. his record in congress was certainly more hawkish. he was the cia director before that. sometimes you change jobs, you get access to more information, you can change. but who? who? we have a relatively new secretary of defense, secretary esper. no criticism to secretary esper, but no experience like john bolton had. is the president looking for balance? >> that's why i think this choice is going to be so interesting, because the president did come in on a number of issues with these views that were different than traditional republican views, but his cabinet and his administration have largely been stocked by the republican establishme establishment. so

treasury secretary steven mnuchin mr.the treasury has submitted housing plan to the president can you i have it here 53 pages worth of it can you talk about thank you housing plan, to wrz again privatize government sponsored entities freddie mac freddie mac. >> in con certify toreship 11 years we think now time to recapitalize make them stronger that taxpayers are not the at risk, eventually raise third party capital, so that we restructure them, and that in another housing downturn taxpayers are not at risk. maria: one of the issues here is you've got to get private capital you've got to get competition, in the marketplace also have to get capital to come into this. situation, so how are you going to do it? pull out some of the he more important items from this housing reform plan that you think is going to that you think will in fact move the needle on that? >> well maria first step is we are in the process of negotiating with fhfa on current lines, we expect in near ferm we will have an agreement where we will allow bo

steve mnuchin, hon. benjamin s carson, secretary of housing and urban development and mark calabro director of the finance agency. sec. mnuchin you may begin. >> ranking member brown and members of the committee, i am pleased to be with you today to discuss the treasury departments housing finance reform plan that will protect taxpayers and foster competition in the market. i would like to thank the chairman and committee for the work on this important issue. the outline that you released was a productive step of ensuring the safety and stability of our finance system. in september 2008 government sponsored enterprises fannie mae and freddie mac were put taken-- the provided $190 billion in taxpayer assistance. later they continue to be supported by a treasury commitment. the continued conservatorships have perpetuated far-reaching government influence over the housing finance sector. it has left taxpayers exposed to future bailouts. it includes almost 50 recommended actions which would reduce the role o

you can't say that either pompeo or mnuchin looked unhappy at that moment. what's your reporting on this? >> i think part of the differences are ideological. but what had happened recently, adviser bolton picked fights and that including secretary of state mike pompeo. one of the president's closest advisers and mick mulvaney. and robert blair, some differences there with style and personality. so, i think that he just ended under rubbing a lot of people the wrong way, in addition to the president. and he did not have a lot of allies left outside of the national security council. and that can be a dangerous place, because it means in addition to the president growing frustrated with ambassador bolton, there were a lot of people in the white house taking shots at him. >> nancy, something, of course, doesn't line up here beyond the conflicts stories we're getting from the president and john bolton. did he get fired, did he quit? but this morning, the white house was saying that bolton and pompeo and mnuchin were going in the briefing room. somebody was out of

treasury secretary steve mnuchin joins me to discuss in moments. iowa state of mind, a cnn poll flashes warning signs for the democratic frontrunner as a challenger makes her move. >> i'm looking for everything in iowa. >> if iowa is keys to the democratic presidential nomination is it up for grabs? >>> hello, i'm jake tapper in washington where the state of our union is in another scandal involving a foreign leader. president trump is defending himself this morning as his administration is facing an uproar over new reporting that he presses ukraine's president volodymyr zelensky eight times according to the "wall street journal" to investigate democratic candidate joe biden's son during a phone call on july 25th. president trump just minutes ago told reporters that call was largely congratulatory and, quote, a perfect ten. and again, this morning, the president raised questions about former vice president biden. we should note according to the ukrainian prosecutor there is no evidence of any wrongdoing by another -- either joe or hunter biden. and

so i call on secretary steven mnuchin to have a clear and simple answer for the french. which is, no matter how much a handful of french companies may stand to make from doing business with the ayatollah, america is not going to be part of funding the world's leading state sponsor of terrorism nor are we going to fund the development of nuclear weapons and icbms that could see their manifestation in a mushroom cloud. above tel aviv or new york or los angeles. and let me say to pres. trump, you are surrounded by the deep state and treasury and in-state. they are, their overarching objective is to prevent this administration from dismantling the iran deal completely because they believe one of the 2020 democratic residential candidates is going to win. we've all seen the debate stages, tweedledum and tweedledum are. and every one of them would eagerly reinstate the obama iran deal. if we finish the job and in the waivers there will be no deal to reinstate. and indeed what we should do is exercise the sanctions that the us has a unilateral right to do to impose united natio

i wish i knew what lighthizer and mnuchin were up to was this some kind of stand off between the hawkwer doves? were they trying to evade blame or just clueless and just not even inform the president of the united states? i don't know neither do you so the next time you hear some story point trade negotiations from a random nongovernmental source, hey, maybe you should take it with a grain of salt stick with cramer. had a coach i. really helped me up my game. i had a coach. math. ooh. so, why don't traders have coaches? who says they don't? coach mcadoo! you know, at td ameritrade, we offer free access to coaches and a full education curriculum- just to help you improve your skills. boom! mad skills. education to take your trading to the next level. only with td ameritrade. through the at&t network, edge-to-edge intelligence gives you the power to see every corner of your growing business. from finding out what's selling best... to managing your fleet... to collaborating remotely with your teams. giving you a nice big edge over your competition. that's the power of edge-to-edge intell

you might put steve mnuchin in the pragmatist camp, peter navarro in the hawk camp. you really don't know which side is winning, which side is putting forth what. the bloomberg story based on says theces president is considering this, not something that has been agreed to. the other report says one person told them it was not happening. you take your choice in this case. shery: what would a limited trade deal even mean? there were negotiations in the spring and we kept hearing we were near a trade deal and it just didn't happen. mike: what appears to be in this deal, the administration would back off some of the sanctions that it has put on. it is not clear whether they would take off sanctions in place or back of sanctions they have threatened to put into place. in exchange, the chinese would buy more stuff from the u.s., particularly agricultural goods. donald trump always focused on the bilateral trade deficit. at the same time, they would enforce laws against intellectual property. china passed a in july that cracks down on intellectual property theft. not clear

steve mnuchin, the treasury secretary, good luck at the u.n. assembly this week into president trump just took questions on the uproar over his call with ukraine's president and we'll play that for you next and let the president speak and intel chair adam schiff will join me to respond and could joe biden lose iowa and still win the nomination. we'll break down our new dramatic poll. stay with us. panera's new warm grain bowls are full of good. full of flavor, color, full of- woo! full of good. so you can be too. try our new warm grain bowls today. panera. food as it should be. our mission is to provide complete, balanced nutrition... for strength and energy! whoo-hoo! great-tasting ensure. with nine grams of protein and twenty-seven vitamins and minerals. ensure, for strength and energy. t-mobile's newest signal reaches farther than ever before. with more engineers. more towers. more coverage! it's a network that gives you ♪freedom from big cities, to small towns, we're with you. because life can take you almost anywhere, t-mobile is with you.

secretary mnuchin. you've done an analysis and i presume, can i ask you in a general sense, who will not be able to get a mortgage under your proposal? >> i don't think there is anybody who will not get a mortgage other than there may be certain people who should not get mortgages which they really cannot afford them. but affordable mortgages are what we want. >> you have not identified any group of individuals that would be disadvantaged by the proposal? >> the only thing the director has said he is looking at the gse's which are his responsibility, there may be high risk loans the gse's are making that they should not. but that's his responsibly. >> i will ask him. >> secretary carson, new seen a group that would be left out? >> certainly there some people who probably should not be mortgage holders. and in many cases, very disabled people, elderly people, people who are drug addicted, who are not going to be able to make the payment. we have other programs for individuals like that. >> and doctor, ur

jake tapper earlier today was speaking with steve mnuchin and he challenged steve mnuchin when he saidthe world and yet when the son of a former vice president while in office was conducting business as well, that there seems to be a different standard. what do you have to say to that? >> well, quite frankly, that's a good point. now vice president biden and his team have to understand that the american people, for whatever the reason, have a greater tolerance when it comes to these scandals and these issues with the trump administration. trump is not seen as being from the political world so he's held to a different standard. the vice president is by all means part of the political establishment so he'll be held to that standard. they have to take it seriously. >> i am unfortunately being held to you. carlos, adrian, good to see you both. >> no problem. >>> elizabeth warren pulls ahead in the iowa poll. there's one caveat that should make her feel uneasy. you wouldn't accept an incomplete job from anyone else. why accept it from your allergy pills? flonase sensimist. nothing stronger.

treasury secretary steve mnuchin has been speaking as well.e looking for updates a little later on on housing finance reform. of course, fannie and freddie have been rallying off the back of expectations that they will be a resolution to the housing finance issue in the united states. don't forget, bloomberg subscribers can follow the proceedings on a terminal. go>. use the option live < time for a look at some of the biggest business stories, news right now. i rim co. has picked six banks for top roles in its ipo -- aramco has picked six banks for top roles in its ipo. it invited more than 20 advisory firms to compete. the ipo is expected to be the biggest ever. home fitness startup peloton plans to start its ipo roadshow this week. they plan to start marketing its offering to top it into as soon as tomorrow. peloton is seeking a valuation of $8 billion to $10 billion. jack ma is ending his 20 year reign at alibaba, one of the most spectacular creations of wealth the world is ever seen. he is stepping down as chairman of the chinese company o

trump accompanied by mike pompeo and steve mnuchin. president trump: thank you very much. thank you. thank you all for being here. we have had a tremendous three days in new york at the united nations. i want to thank the secretary general. it has been really incredible what has been taking place and he has been a fantastic host to lot of countries. pretty ings i had were staggering. i think we set a new record, but you will have to check that out. we met very, very for pretty extensive periods of time either two-on-two or one-on-one or just about at that level with pakistan, poland, new zealand, singapore, egypt, south korea, united kingdom, india, iraq, argentina, brazil, france, japan, ukraine, honduras, el salvador, saudi arabia, jordan, bahrain, qatar, u.a.e., chile, ecuador and eru. other than that, we weren't too busy over the last three days. unfortunately the press doesn't even cover it. we have fantastic deal with japan and tremendous deal with japan and that doesn't get covered because you waste your time on nonsense. the p.m.i. manufacturers index has gone subs

taylor: steven mnuchin is saying huawei is not a pawn in the trade talks.an we say that for sure, or is that clearly a separate national security issue? sarah: trump brought it up himself when he met xi jinping last. he promised to get through the licensinggh despite remaining on this blacklist, but those have not come through. we have hed tied to how trade talks are going with the willingness or non-willingness to get the special licenses, so it is hard not to interlink those two issues at this point. they are not an official part of trade talks. we would not expected to be addressed as part of the trade deal, but it is part of the relationship between the two nations, and definitely an irritant at this point. taylor: a dcussion that will continue. that was sarah mcgregor. thank you. i want to look at a company impacted by the trade war, specifically broadcom, which just reported third-quarter results. it says even though it did beat analyst estimates on earnings per share it reiterated the bearish annual forecast to three months ago. shares were slipping

courtney: steven mnuchin sounding optimistic about u.s. china trade talks.gress has been made in chinese officials will travel to washington next month and a sign of good faith. >> i expect the governor of the pboc to come over for these talks. part of the conversation we will be having with them around currency and currency manipulation. mnuchin told foxbusiness president trump is willing to continue with tariffs if there is no deal. he says he sees no signs of u.s. recession. the trump administration once the uae to tighten screws on iran. a top official is in the emirates to meet with banks. the u.s. is seeking to ratchet up sanctions against the iranian government. iran says it will not negotiate unless sanctions are lifted. in the bahamas, the death toll for hurricane dorian has risen to 44. thousands of people are believed to have lost their homes and desperate survivors fleeing the worst hit areas of the bahamas for other parts of the island chain. global news 24 hours a day, on air and @tictoc on twitter, powered by more than 2700 journalists and ana

we've got a number of challenges in there is a great team place with secretary pompeo and secretary mnuchin and others. look forward to working with them and the president to keep continue toe and to rebuild our military and really through ck to peace strength, and keep the american people from challenges they face around the world today. >> what advice do you have for saudi arabiamp and and any possible military strike on iran? >> we're looking at those issues up.and getting briefed i think secretary pompeo is in audi arabia now or just coming home. any advice i give to the president will be something i ive him confidentially but we're monitoring that situation closely. any es the president have update on your thinking? >> yeah, nothing to report yet. we'll probably be speaking to tomorrow, maybe the next day. nothing to report. but it hasn't changed very much. think my thinking pretty much remains the same, and we haven't that we didn't know. but there is a certain guarantee factor. we're at a point now where we very much what happened. yes? . [inaudible] we'll see what happens. we'll see

. >> i'm thinking that secretary mnuchin represents one side of the white house. the other side of the white house wants to know, look, when are you going to stop secrets? when are you going to stop with what way >> the hawk eats the dove in the end. >> mnuchin said hong kong would be the be part of the discussion, but your point is huawei needs to be >> yeah. just because bolton is gone doesn't mean there aren't hard lines. the hard liners are saying very specifically you can't delink foreign policy, military issues from trade you just can't that's a pipe dream of the chinese. the chinese are always regarded at face value and our president is regarded as material. i think the chinese are trying to get away with as much as they can. the president is more consistent than people realize. i think the bar is high again. if the chinese do not come through by october 1, i think you're going to see -- he's going to put those tariffs on and he may do it during that grace period >> we're not the ohm game in town >> no. but this swine flu is underestimated and i say that be