tonight morgan brennan gives us a rare look inside spacex's operations in hawthorne, california. >> he lon founded the company for us to do great things in space and plan a settlemennd put people on mars. that's the way we think ourselves. >> reporter: space explorationf technologies, has been racking up wins. they have successfull flown a dozen rocket boosters previously sent to space. in february it made history. when it became the most powerful rocket evero be launched by a private company. and they made history again when two of its boosters returned to earth. that ability to reuse hardware enabled spacex torive down costs, dramatically cutting down costs even as iturned a profit. >> longer term you and elon have expressed this vision to see rocket launches that ares regular as airliner flights? >> we t launched 18es last year. this year we'll launch just under 30 we're doing probably 60% of the launches60% of the launches across the globe so in order to launch every oy, you have have a lot more launches. i think once we're flying people, that could actually be realized. >> reporte

. >> morgan brennan, we'll have a lot more from you in just a bit.eanwhile, president trump walking back threats to put tariffs on chien chooi knees goods and reportedly nearing a deal to lifting on zte. >> telecom giant find and make changes to its board and in turn have the ability to buy supplies from u.s. manufacturers restored a broader trade deal would buy more u.s. crops and commodities and lower auto tariffs the treasury secretary steven mnuchin was on the defensive on capitol hill about his backtracking on a security issue, like zte, in order to secure a short-term trade win. >> whatever changes or decisions that are made in commerce, we'll deal with the national security issues national security issues are being addressed. and that is of paramount importance to the president. this was not a quid pro quo or anything else. this was merely that president xi asked president trump to look into this, which he has done. >> outside the hearing room about mnuchin's response, west virginia democrat said joe manchin hopes that the deal is blocked, rev

get down get down ♪ ♪ get down get down ♪ ♪ >>> good to us morning i'm carl quintanilla with morgan brennan, mark hurd will join us for a big interview. apple to report earnings and mark zuckerberg's facebook address starts in less than two hours. dow is down 279. not a whole lot working today. fears going into apple's quarter, even though there's been a lot of speculation about potential shareholder returns. tonight will be interesting. >> tons of fears and there's not a lot of pattern to go by. they've got everything from the 6s through the 10. there's all this chatter about a slowdown in iphone sales first thing i'm going to look at is average selling price and what's going on with the inventory? the sense that they're building up or drawing down you can't look at that iphone number and think it's the whole story. >> capital returns and what the company could say about that and they've talked about going to a net cash neutral position over time you look at what's positive in the dow, it's tech names, intel, microsoft. everything is negative it's speaking to that whole old adage. selling

i want to marry you ♪ ♪ is it the look in your eyes >> good friday i'm carl quintanilla with morgan brennant, secelebrati four years on cnbc as this show is entering its fourth year. amazing time time goes fast. >> it does four years might sound like a long time but it goes by quickly, people. >> that's true we move on to the news, of course struggle for control at cbs continues, the board voting to slash its big egest power the outcome could have impact on the media industry we're joined by former co-chairman ben silverman, now co-ceo and chairman of propulgate we talked a few moments ago about how unprecedented this battle is in nature. it's crazy. >> it's crazy. and also for the creative community it's really crazy, too. and this week was the upfronts in new york where all the broadcasts unveiled their shows. during the fox upfront it was all about the macro moves and mergers and acquisitions and literally during the upfront news broke on the court decision. >> i'm glad you brought that up. there's all this uncertainty around cbs and viacom, all this going on with fox, disney, comcast, o

for "nightly business report," i'll morgan >>brennan. hether it is airbnb or booking.com or homeaway, all of these companies have had clashes to varying degrees with regulators in different cities. officials in many cities across the country, whether it's boston or lr angeles new york say there are issues. that said, morn found in her reporting, the company brought up most frequently is airbnb. >>> before we go, one more look at the day on wall street.th dow fell 58 points today. the nasdaq was up 9. the s&ped by 6. for the week, all of the erages recorded gains. >> and that is "nightly business tonight.for i'm sue herera, thanks for joining us. >> i'm bill griffeth, have a wonderful long weekend. we'll see you monday for a special edition of nbr. have a good night. >> this is "bbc world news america.th >> funding o presentation is made possible by the freeman foundation, kovler foundation, pursuing solutions for america's neglected needs, and purepoint financial. >> how do we shape our tomorrow? it stas with a vision. we see its ideal f

morgan brennan joins us now with "airbnb: unwelcome guests. illegal short-term rentals and restrictive regulations. >> hi. well, valued at $31 billion, airbnb is currently worth more than most of its publicly traded hotel rivals home sharing is here to stay but lawmakers across the country are moving to crack down on rentals that are against the law airbnb says it's worked with cities around the world to craft reasonable regulations, but not in miami beach where the fight seems to have no end in sight. ♪ >> it's 9:00 on a saturday night, and we're riding along with miami beach code compliance on the lookout for illegal short-term rentals code compliance officer has seen it all large, noisy, late-night parties in residential neighborhoods, commercial video shoots are scantily clad women in a home investigated for short-term rental complaints and unwitting tourists who say they unknowingly booked airbnbs in prohibited areas >> i shouldn't be able to do this this is messed up. >> all chaptured on body camera videos recorded over the past two year

morgan brennan explains why. >> reporter: losses at the u.s.ostal service ballooned to more than $1 billion last quarter. but if it weren't for package deliveries, it might have been even worse. whereas first class mail continues to decline and retiree costs mount, package volumes and revenue grew. on a conference call to discuss the results, postmaster general men an brennan expressed the importance of the package business, to the future of the usps and mail delivery as a whole. >>ackage business is vitally important to our financial health. because the revenue and the contribution provided by our package business plays a significant role in providing crical funding toelp pay for the infrastructure, which enables us to mainthan universal service obligation. >> reporter: the postal service says the package business funded almost a quarter of institutional costs last year, helping enableai it to mai a network compromised of roughly $650 million u.s. addresses for which delivery is required. but the results coming after a flurry of criticism from

in the next half hour, morgan brennan will talk about the emerging battles of short-term rentals andhe law, airbnb unwelcomed guests. stay tuned you are watching "squawk box" on cnbc (baby crying) (slow jazz music) ♪ fly me to the moon ♪ and let me play (bell ring) oh hi sweetie, i just want to show you something. xfinity mobile: find my phone. [ phone rings ] look at you. this tech stuff is easy. [ whirring sound ] you want a cookie? it's a drone! i know. find your phone easily with the xfinity voice remote. one more way comcast is working to fit into your life, not the other way around. >>> e-commerce department opening an investigation now into imports of vehicles and auto parts and whether these foreign-made products pose a threat to the u.s. economy and national security. join us now commerce secretary wilbur ross. secretary ross, it's good to see you. already some of our allies are carping into the national security angle in this saying it's a convenient use that's been done before by the trump administration in situations where it doesn't apliechl does it apply here? >> well,

i'm carl quintanilla with morgan brennan and david faber. 41 watching a lot of headlines and earnings packaged goods, trade, and now media. the company's board votes to slash the shareholder power by half, postpone the annual meeting. joining us on the news line today is bob wright. also senior adviser at lee equity partners and founder of the suzanne wright foundation. good to talk to you this morning. good morning >> thank you, carl good to talk to you. >> we were chatting about whether or not any of us had seen anything like this. board of directors in open revolt of the controlling shareholder. have you what moves do you think cbs makes now? >> let me just state a couple things there are two really, really good media executives in this country. maybe in the world it's bob iger and les moonves. focusing on les moonves now, there's no way in the world that they can get rid of him or would want to get rid of him i think the nonsense going on here, you may be seeing the very last days of these dual share companies. which usually helps new co

. >> meanwhile the markets are down big news on that front morgan brennan and mike santoli are back att nine. morning, guys. >> morning, carl the markets are definitely backing off, giving up a little less than half of yesterday's rebound. look at the s&p 500. it's not all even. obviously you see the dow down 236. the heavy industrials, the big exporters, boeings, capital exporters are really getting hit. steel stocks up a little bit, aluminum a little more mixed banks also weak. that's not seemingly a trade issue. that seems to be this news on deutsch bank under scrutiny for the past year. jp morgan down more than 1%. a lot of things going on the market seems to be trying to separate out potential winners and losers in this whole tariff situation. >> tech is up. we get these really great headlines from our colleagues out at code on the west coast right now, in general, despite the fact we're near lows on the dow we're still on pace for our best month for stocks since january. it's worth noting it's been quite a month. >> it is also hard to separate out what month and effects we might

. >> i'm morgan brennan reporting on a new worry for the economic machine. a massive shortage of truckers >> and i'm kelly evans we're waiting on the report from cisco. and did this country just hit peak credit card don't leave home without us. "the closing bell" starts right now. >>> welcome, everybody i think that's what it means anyway >> laurel. what did you hear? >> i heard yanny >> i love those things >> all day i heard something difference sara is right. i think it's the medium. >> did you hear what tyler said? you've got to stay tuned to "closing bell. that's what he heard >> and you should. we'll get to those stories in a moment here's a check on the markets. the spotlight is on small caps the russell 2000 just hit an all-time intraday high the date we know is significant because that's when the markets all peaked now for the first time with a gain of about 19 points today. 1.2% the russell is the first to get back into record territory >> and the s&p is on pace for its fifth gain in six sessions dow up 94 points at the peak of the session. right no

exchange, when the smoke clears, how will stocks react to the 10-year yield under 3% again i'm morgan brennan, legal battle between short term rentals and the law. we spent months investigating. you don't want to miss this cnbc exclusive. >> i'm kelly evans new reports the u.s. is going after bitcoin, and did towns resolve the pension crisis or make it worse? the "closing bell" starts right now. >>> and welcome, everybody, we'll get to the stories in just a moment, but, first, a check on the markets after the big news of the morning about the president cancelling his summit with the north koreans all the major averages that sold off on that are bouncing back. the dow was down as much as 280 points, down 97 right now. >> the low of the day, about 11:00 a.m. we begin with two big pieces of uncertainty out of washington. trade and north korea. eamon is live at the white house. >> reporter: the president tried to strike an upbeat note, cancelling that summit, speaking to reporters in the west wing today, the president said people should not be anxious in terms of the future here in terms of what

i'm carl quintanilla with morgan brennan and jon fortt at post nine nasdaq is on a five-day win streakto have year-to-day gains above 6. apple another all-time high in the session, inching closer to that $1 trillion market cap. interesting, the gains for the ndx have been impressive this month. >> yeah. >> a lot of it due to a handful of very powerful names. >> apple in particular a lot of people didn't expect the numbers that we got from apple to result in the moves that we've seen. there was a sort of thesis around the iphone being long in the tooth or replacement cycle not keeping up, the iphone x being a disappointment the iphone x wasn't a disappointment and apple is showing steady results in this, and that's enough to give the stock a lift match is up after results, in a way partly owned by iac. >> who we'll talk to this hour. >> we're going to talk to this hour, roku as well you see these smaller, perhaps lesser loved stocks. the team behind the netflixes, behind the googles of the world still doing very, very well. and so as that story flushes out, i think we'll be able to unde

i'm carl quintanilla with jon fortt, post nine morgan brennan is on assignment. tomorrow 11:00 a.m.e she'll talk to spacex president and coo gwynne shotwell >>> earlier, larry kudlow commented on the markets and the strong dollar. >> strong dollar attracts investment domestically, stay in the country and from around the world. now, i don't want it to go up 15, 20%. i don't want to get into a dollar discretion. we don't have targets and so forth. we don't do that we're aware of it, obviously from the way i look at the world, gold is soft, the dollar is strong. that's a good thing. >> looking at the market impact of all that, we're joined by morgan stanley's head of u.s. public policy and oppenheim chief strategist good morning to you both are we removing any paths, any bricks in the wall >> i don't know that we're exactly removing the bricks from the wall but we have a little bit of space to move here and some relief. we don't have a trade war about to ensue a very positive thing with the incredible degree of interlock i interlocking around the world. all the different economies and

when we come back on "squawk alley," morgan brennan on short-term rentals and the law airbnb unwelcomed. but the market was up nearly twice as much. that's a tough pill to swallow. exactly. so i started trading. but with everything out there, how do you know what to buy? well, i think my friend victor has just the thing for you. check this out, td ameritrade makes it easier to find the investments that might be right for you. like our etf comparison tool it lets you see how etfs measure up to one another. analyst ratings and past performance... nice. td ameritrade also offers access to coaches and a full education curriculum to help you improve your skills. that is cool. and if you still have any questions you can always chat with us on facebook or call our experienced service team, 24/7. yep. just because you're doing it yourself doesn't mean you're on your own. that's great. you're still up. alright. you're still up. if i knew you were gonna run the table i wouldn't have invited you over. call (866) 296-7451. act now to take advantage of commission-free trades for 90 days, plus get up

i'm carl quintanilla along with morgan brennan and jon fortt roger mcnamey and our own becky quick inha are joining us this morning we'll get some of the headlines from the annual berkshire meeting and her conversation with warren buffett. first, jon fortt sits down with satya nadella after the company kicks off its build conference. >> i can't tell you everything yet. that developer conference is literally starting right now some news we will share with you as it happens. as you expect, we had a conversation about cloud, about artificial intelligence, about his leadership at microsoft and even some things that he got wrong in his first years at the company. though, there aren't many. the stock is near all-time highs around 95, 96 bucks a share. we talk trade and china specifically we covered a lot of ground, carl i had a chance, of course, to sit down with him. it was wide ranging. and so we'll have a lot to share. i'm going to share a little bit right now. let's do it. >> if you look at amazon and us, if there's one common ground we have between us is that we believe in our personal

with me, morgan brennan and david faber. carl is off today.ncing back from its 151-point loss nasdaq is up over 1%, the best of the averages. unemployment rate below 4%, but the labor participation rate, labor force participation rate still having trouble all in all not too many signs of inflation, which seems to have the market pretty happy. >> some wage growth but not enough to hit expectations coming into the report that seems to be a very big focus. with all the talk on focus and trade, it's been the talk with trump administration in china for those talks, transports have been the biggest underperformer of the week. they've been selling off those are exposed to any kind of trade changes. >> that points to perhaps the expectations that not a lot will come out of these discussions, the chinese kind of signaling that there weren't a lot of preconversations to lay the groundwork for actual action here we'll have to see what, if anything, comes out of it. >> speaking to wilbur ross a couple of days ago before he departed on this trip, the comme

morgan, thank you for walking us through it >> reporter: thank you >> morgan brennan, your live shotbangladesh satellite goes into outer space. really cool. >> always really, really cool. as i said, makes a tesla investor feel better, but i don't know there's a direct connection between the two >> that's fair, but, still, congratulations to them. next up, key senator's reaction to the drug pricing plans. stay with us >>> welcome back president trump taking aim at the soars cost of prescription drugs in a speech at the white house this afternoon >> in the coming weeks, we will work with congress to pass legislation that will save americans even more money at the pharmacy for that, we need the help of congress, and we think it will be forthcoming >> well, senator bill cassidy of louisiana attended the speech. he's here with us now. senator, welcome >> hey, thanks for having me >> you, in fact, do have work in congress, bipartisan work, we add in this polarized age, does it jive with what the president said today >> we doing several things in health care, pushing for price transparency

i'm carl with morgan brennan at the new york stock exchange, jon fortt live at microsoft headquartersdmond, washington, where he will talk to microsoft's head of cloud first up shares of apple moving higher the company is out with better than expected results for the recent quarter the 100 billion buyback boosting the dividend to 73 cents iphone sales up, short of expectations, not as much as some had feared and the company's cash shrinking for the first time in a while to $267 billion from $285 billion a quarter earlierp larger than the likes of chevron, boeing and home depot joined by stern school of business professor scott calloway and larry hip, managing director what is the most important thing to you, the migration to a services economy, the cash hoard, the return of capital to shareholders >> well, the cash hoard is going down because of the return they announced another $100 million. they're trying to get rid of the cash and keep the shareholders satisfied. they're moving smartly to expanding the base to the install base every service of theirs is going up i think we can expe

. >> morgan brennan here when you look at these negotiations, one of the tric trickiest things basedicism against chi china, we're talking about a country that has made promises of opening up trade and changing its policy notice past but the actual enactment of those promises and policies is a totally different story. how do you make sure that those actions are actually taken >> well, morgan, you have asked an exceptionally good question because you are absolutely correct, stating that china has yet to live up to any of their promises they've made over the years with respect to trade, in particular, they have not lived up to one of their commitments to the wto when they joined. every time they say they're going to do something, whether it be production or anything else, it turns out to be hollow promise. the difference this time, morgan, is that we are ready to put in place $200 billion in tariffs penalties against the chinese if we do not get significant actions -- not words, actions and i believe the president when he says he will do that. and his team of lighthizer, ross and navar

i'm carl with morgan brennan who is back, jon fortt at post nine of the new york stock exchange a lotget to. dow up 14, tech stocks coming off their worst day since april dragged down by the likes of alphabet and amazon. as we learn about the hedge funds are playing fang in the first quarter for more let's bring in larry, managing partner who just closed two funds to expand investments and block chain and robotics and our senior markets commentatocommentator mike stanley at post nine as well the degree to which tech is moving on semis or something beyond that? >> semis are helping the balance is there yesterday, big tech was the under performer and i actually took heart in the fact that on a most mostly down dow big tech was leading. it's the definition of profit taking year to date, month to date, multiple years to date, that tells you literally being used as a source of funds and not something like a bad economic signal even though yields was kind of the catalyst, i do think that's mostly the dynamic now. >> if we look bigger picture, amazon, alibaba, facebook, up all more than 10%

i'm carl quintanilla with morgan brennan and jon fortt at the post nine stock exchange worst declinece laip late april as the president cancels his historic summit with north korean leader kim jong-un. eamon javers is here to start things off, along with melissa cabrera-caruso eamon, let's start with you. >> we'll see him on camera in an unrelated event. when i spoke to sarah sanders, they've not decided whether or not the president will address this live to the nation or not, or stick to the script and stay with the unrelated signing event. we'll see what the president has to say about half an hour's t e time meanwhile i wanted to flag for you this section of the president's letter to kim jon jong-un in which he seems to leave the door open for further negotiations saying i felt a wonderful dialogue was building up between you and me, to kim jong-un, he says and ultimately, it is only that dialogue that matters. some day i look very much forward to meeting you, if you change your mind, having to do with this most important summit. please do not hesitate to call me or write. so, a ve

morgan brennan is on excitement today. david faber interviewed lowell mcadam he sticks around with us for some highlights. what sticks out to you >> the implications of 5g as it gets closer. when we say closer it doesn't mean in any way it will be ubiquitous any time in the near future sacramento as the rollout city, los angeles, one of the biggest cities in the country. they will roll out to four cities by the fourth quarter of this year. two others have not yet been named. i think mr. mcadam, trying to sort of at least introduce the idea of just how big this will be it's not just about your handset or a faster speed but the broader implications of it, and applications for 5g, given this lack of latency. there's no time between when the signal is received one place and another. and he explains a little bit about what the implications of that will be in terms of at least his perspective going back a long while talk a listen. >> i've been in this business since the first phone call back in '84 i have never seen the technolo

musk's spacex is about to launch one of the newest falcon 9 rockets at the kennedy space center morgan brennanike it is ready for liftoff. >> we are 58 seconds away on the countdown clock. it just paused this is kennedy space center where spacex is getting ready to launch for first time its next generation falcon 9 rocket this is the last and most powerful version that they plan to make. elon musk saying earlier today, the plan to be able to fly this version ten times without any kind of major refurbishment up to 100 times over the course of the life of each of those roc t rockets, musk saying no later than next year he plans to use one of the falcon 9s to demo two back-to-back orbital launches. take a look. we're about 15 seconds out from the countdown on this. this is a launch that left bangladesh's first satellite into orbit. taking place from kennedy space center we're just waiting seconds away here. >> the clock is at 58, but i think it still says 58 what does that mean? does that mean it is delayed >> it just reset to 15 minutes out. and what it means is that they're pushing this -- >> t

and number one is spacex morgan brennan has a look inside the spacex rocket morning. >> good morgan, joe. so spacex is a six-time cnbc disrupter. i sat down with the ceo to talk about the technology and the business model that puts spacex at the top of this list for the second time. >> elon founded the company. for us to do great things in space and ultimately plan a settlement and put people on mars that's really the way we think of ourselves >> spacex president and ceo says it doesn't see itself as a disrupter. but the world does >> i think we're a little higher than that. maybe almost $28 billion >> since last year, the company has successfully reflown 11 rocket boosters previously sent to space in february, it made history when its falcon became the largest privately launched >> and the falcons have landed >> then it made history again when two of its booster returned to earth that ability to reuse hardware enabled spacex to cut down costs. longer term, both you and elon have expressed this vision to see rocket launches that are as regular as airliner flieg er fl.

used for the first manned space mission giving a rare look inside the facility where we find morgan brennanright. elon musk's spacex is a six-time cnbc disrupter and this marks the second time it has topped our list. i sat down with coo and president in an exclusive and rare interview to discuss the financials of this closely held company. this is a company that can afford to be picky. >> there is a lot more people that want more stock. you have been recently raising more funding. >> we are raising funding kind of bit by bit. we don't want to do big rounds but want to do it as we need it. so i think you probably continue to see some of that but again we are being very picky about who we invest in the company. they have to share the long term vision and getting people to mars is a big job and will take years. we want investors with patience as well as excitement. >> does that sound about right >> i think we are higher than that. >> in the past elon musk has said maybe spacex would go public. >> we actually don't talk much about going public. >> it's not until then at a minimum. we can't go p

morgan brennan is covering this, and, morgan, they are sending up satellites or trying to?they are. a total of seven satellites today, so this is going to be taking place in just about three, three and a half minutes from the air force base, three hours northwest of where i stand right now in hawthorn, california this is the spacex rocket fact try behind me. this is where launches are overseen this is the tenth launch of the year for spacex. in context for you, at this time last year, the company completed six launches this is the 12th time a rocket previously flown to space is being reused another fact for you on that, the booster reused today was previously flown during those missions back in january you may recall that was the highly classified government mission in which a multibillion dollar satellite that was made by northrop was lost in the process. the air force cleared spacex of the incident saying the blame belongs with northrop, but that first stage booster is reused today. in terms of seven satellites, there's five being sent into orbit for aridium communication

. >> i'm morgan brennan reporting on a new worry for the economic machine. a massive shortage o

i'm carl quintanilla along with morgan brennan and jon fortt roger mcnamey and our own becky quick ins this morning we'll get some of the headlines from the annual berkshire meeting and her conversation with warren buffett. first, jon fortt sits down with satya nadella after the company kicks off its build conference. >> i can't tell you everything yet. that developer conference is literally starting right now some news we will share with you as it happens. as you expect, we had a conversation about cloud, about

and that's where we find our morgan brennan she is live in hawthorne, california take it away, morganrter: that's right. it's the second time spacex has topped cnbc's disrupter list i want you to take a look at this facility behind me. that is spacex's rocket factory. i toured this with ceo and president gen shotwell and and lambert. and shotwell stressed it's not just the product designs that make spacex so innovative and so capable of cutting launch costs so aggressively. it is also the way this company approaches this manufacturing process. how many rockets are under construction in this facility at any given time >> for the keen observer, they tend to see four to five tanks in production. that's when you really start to see it take shape. but from engines, there would be in the region of 30 to 40 at different levels of assembly >> how many are being turned out and i guess ready for delivery in a given month >> so we have the capacity for engine production at one a day we flex our engine production dependent on the needs our customers demand currently, we're producing a vehicle eve

morgan brennan is on excitement today.d with us for some highlights. what sticks out to you >> the implications of 5g as it gets closer. when we say closer it doesn't mean in any way it will be ubiquitous any time in the near future sacramento as the rollout city, los angeles, one of the biggest cities in the country. they will roll out to four cities by the fourth quarter of this year. two others have not yet been named. i think mr. mcadam, trying to sort of at least introduce the idea of just how big this will be it's not just about your handset or a faster speed but the broade

. >> morgan brennan is listening to the post service call might have some details later on >> i was trying it to talk about how david's come on strong, and she was not listening. she was listening to the call, which i thought was more valuable than listening to us banter >> i think that's always the case hopefully our viewers don't feel that way though. >> they don't really understand the innards of this warfare we have honestly, i want people to go to the conference call. everything is great, great, great, great, then they say, oh, by the way, we're not going to be able to report because the numbers are basically made up. >> internal investigation in connection with concerns raised by a former employee committee has retained independent counsel. >> well, that's what does it i want people to understand that when the audit committee retains independent counsel, that means there are people on the board who say we have to go -- the audit committee basically is the internal prosecutor at that point. you only do that when you expect it perhaps at the very top there might be chicanery sometimes

morgan stanley >> brennan: beer back with one of the president's supporters, congressman mark meadowsanks for join us. >> thanks so much. >> brennan: just talking to director clapper about what the president calls spygate. you have had a lot of questions about this, the justice department hold this extraordinary briefing with leadership showing some classified materials. i know you weren't in the meetings tell me if you're satisfied? >> to be clear, no documents were shown. so there was a briefing, but, yet, there were no documents that were shown. we're hopeful that that will happen in the coming days as long as we can protect the sources and methods that are for all americans. we continue to see this dragging out of a narrative where we're not seeing documents, not getting the type of transparency that members of congress have requested for seven or eight months. >> brennan: what do you think the fbi did? >> what we do know is that there was indeed a confidential human source, what the fbi would call it, that was actually giving intel not only to the fbi but we have to did the quest

>> morgan: mola lenghi at the white house, mola, thank you. all right, joining us now is margaret brennan, moderator of "face the nation." margaret, this morning, the will-they-won't-they summit between the u.s. and north korea remains in doubt. the president's lawyer, rudy giuliani, said this morning kim jong-un "wants to do it" and that mr. trump's strategy "played out brilliantly." is the white house banking on a last-minute charge into singapore? >> reporter: well, it appears the white house is full steam ahead with the planning for this summit. we know that u.s. diplomats were meeting with north korean officials today, this just after the south korean and north korean leaders met yesterday. so, the wheels are in motion. the question is what can actually be achieved? but what they can do is possibly get the summit to happen and a face-to-face conversation to begin. and it looks like president trump really wants that to take place june 12. >> morgan: yesterday, we got the chance to see the release of an american, joshua holt, who was held for two years in a venezuelan prison. he was ha