robert frank looks at the founders' rise to fame and how they might spend their >> reporter: spotify cofounder daniel acco says he didn't do it for the money but today's public debut of the music streaming service made him a multibillionaire and one of the ri iest peoplethe world under age 40. the 35-year-old swede owns 9% of the company direcy and more than twice that true his investment holding companies. his stake is now worth over $2.5 billion. his cofounder, martin lawrenceson is now worth more than $3 billion. don't expect any wild celebrations of wealth from either of them. x started his first tech company when he was 14 and made his first fortune when he was 23 years old after selling his onl ad companied a verti go. he bought a ferrari, partied hardy and went to nightcls b the wealth of all those gold diggers left him feeling depressed. he wrote, i had no idea how i wanted to live my life soeck moved to a cabin outside the holm and came up with idea for spotify to revolutionize music. now he will join the roughly 60 billionaires in the world over the age of to 40. he continu

for "nightly busineort," i'm robert frank. >> wow. befo we go, here's a look at the day on wall street. the dow plunged 424in . nasdaq was off 121 and the s&p 500 tumbled35. on that note, that will do it for us tonight on nbr. i'm sue herera. thanks for joining us. >> i'm bill griffin. have a greatu vening. see morrow. >> this is "bbc world news america." >> funding of this presentatione is made possy the freeman foundation, a'vler foundation, pursuing solutions for ame's neglected needs, and purepoint financial. >> how do we shape our tomorrow? it starts with a vision. we see itsdeal form in our mind, and then we begin to chisel. we strip away everything that stands in the y to reveal new possibilities. we havepoint financial designed our modern approach to banking around you -- your plans, your goals, your dreams.

robert frank has details. >> reporter: the irs will receive over m130lion tax returns this year. the good news for taxpayers, fewer of them will be audited. cuts to their staff have meant fewer auditors so your chances of being audited have dropped dramatically, especiall for the wealthy. in 2011 the irs audited 13% of returns for those filers who earned 1 million or more. lastur year that f dropped to just 4%. those who make more than 00 $200 have seen their audit chances drop from 4% to 1%. thisarks a sharp reversal from the irs under thebama administration when the group formed a global high wealth group to target companies that used companies to avoid taxes. audits jumped 50%. recent history. lowest level in because of reason is cuts to the irs budget which has cost the agency between 4 to 8 llion in uncollected taxes. the wealthy still pay the vast majority of taxes. in 2018 the top 20% of earners are expected to earn about hal ofnation's income but will pay 87% of the income taxes. the bottom 60% of americans will pay no net federal income taxes. for "nightly business repor

we want your reaction to the feud playing out between president trump and amazon ceo jeff bezos robert franke on that. robert >> this is the ultimate battle, most powerful man in the world versus the richest man in the world. not since roosevelt called rockefeller the biggest criminals in history have we seen the white house so directly take on a single corporate type. so we had fun. looked at what do each of them bring to the fight on the money front, bezos worth a lot more, 37 times more than president trump. bezos worth $115 billion he lost 12 billion in the past two weeks. still 150 billion. it is about the base of support. trump's basis voters bezos has his prime members, last count amazon has 80 to 90 million prime members. that's 18 million more prime members than trump voters. lots of people could be both market cap government has a budget of $4 trillion, around 2 million employees. amazon has market cap smaller, 652 billion, but around 566,000 employees. on the political weapons front, the president probably has the edge he has the ftc, justice department, postal service, pentagon,

and our robert frank gives as you personal tour. >> welcome to one of the most rocking mansions to ever market in the hollywood hills. >> you're in god mode in in property. >> built on spec and nicknamed the stanley house, the $38 million mansion features a interior like the rock legend turned designer lenny krave zbliets this is his $50,000 custom hand made couch. >> of kravitz design the namesake firm was hire to crank up the cool factor in in brandon williams' latest extravaganza e everything is included. >> i actually she want on this couch to get some of his vibe. >> lenny's personal touch can be found in every corner. just pass the $2,000 bottle wine cell ar is the home's megalounge, a place built for chillen. >> we got the 200 inch video wall to watch games, watch movies, videos. we have the $450,000 speakers. the speakers could literally rock out all of los angeles. and then we wanted to make furniture that you can dance on. it has to be fun and sexy. follow me into the master. i see the entire city downtown all the way to the ocean and then you touch a button and you got the tv

for "nightly business report," i'm robert frank. >>> and coming up, bucking the trend, why nordstromngs pou a lot of money into a a bri mortar store while others are closing? h >>e's a look at what we are watching for tomorrow as we told you earlier earnings season kicks off including jpmorgan, wells fargo and citigroup. a number of fed officials will be speaking on the outlook for the economy and the latest consumer sentiment report show us just how the average american is feeling about their finances and the economy and that's wha we're watching for on friday. >>> pension funding has hit a record srt fall. the annual report from the charitable trustaid the funding gap hit $1.5 trillion in 16. pugh sai less money is being allocate today core government servicesuch as education and public safety as states try to prop up their funds. theunderfunding comes despite a nine year bull run for the stock market. > sears is closing several stores and they'll be selling 16 others in an online auction. the troubled retailer is shutting locations in north carolina, ohio and massachusetts. those sto

pickens turns 90 last month and he has decided to put his massive texas ranch on the market as robert frankhe got the full tour, it is a property unlike any other. >> we've just touched down on the $250 million estate of investment financier boone pickens. >> robert, welcome to mesa vista ranch. you have a 6,000 foot runway that can take just about any plane you want to bring in. >> how big is this property? >> 65,000 acres and i would love to give you a tour of it. >> guiding us on this open range, open house outside amarillo is the billionaire's right-hand man jay rosser. >> it is some of the best looking property we think in the state of texas if not the country. >> as we headed east, our first stop was the main residence. >> the house has 12,000 square feet of living space, 4,000 square feet of porches this is what we call the billion dollar deal. >> that's a good day when you can start out looking at that view. >> a little glimpse of paradise. you know the old saying, you can never go home again. if you're boone pickens you can get the home brought to you. >> boone grew up in this hous

fire, the amount of money that mark zuckerberg has spent on security has now come into question robert frankut that. >> good morning, carl. facebook's latest security filings shows the company last year spent $7.3 million on personal security and home security for mark zuckerberg that was a 50% jump from 2016, and according to equilar, the biggest sum ever for a fortune 100 company, quote, by a wide margin by comparison, oracle's larry ellison had what was believed to be the previous record at $1.8 million. jeff bezos said they spent $1.6 billion in 2016. and warren buffett had around $387,000 a huge gap google doesn't list costs for security for larry page. and sergey brin. they also spent $1.5 million on private jets, up 75% from 2016, and sheryl sandberg spent $2.2 million on security, or facebook did. that's believed to be the second highest among fortune 100 companies for 2017 why these big increases? well, in its filing, facebook had it was necessary to address safety concerns due to specific threats and they installed security systems at zuckerberg's farious homes. they don't list the

. >>> robert frank is here you know what's coming up is going to be good >> it's going to be good andive these watches are so expensive, we needed two bodyguards to bring it to the exchange we are going to show them to you, including a watch this called the unicorn. more than $3 million and elvis presley's watch in omega. i'm going sw tohoyou all of them and talk about the watch industry right after this break. >>> energy stocks are on track for their best month since 2015. one trader is calling the group a screaming buy here fi ondut why tradingnation.cnbc.com more "squawk on the street" right after this >>> shares of mcdonald's up and leading the dow after the earning beat strong sales from menu price increases and a big rise in global same-store sales. let's bring in david palmer from rbc capital markets. good morning >> good morning. >> best day in just over a year. is this about taxes or is there history of outperforming peers intact >> that leadership market number was outstanding. an 8% come from marketed like the uk, mainland europe, australia, canada. those markets are not on

let's go back to tyler who is there along with robert frank and christy's chairman >> sarah, thank youmuch. mark, welcome. thank you for having us here this is an amazing exhibit we're here in an aviary that is a replica, basically, of one that was on rockefeller property among some decorative items that were a part of the collection. where did all of this stuff come from is this the rockefeller yard sale >> this came from six rockefeller houses in houses in upstate new york, maine, and elsewhere. >> we have to remind people, what happened here is david passed away last year. he's selling all of those homes and everything in those homes is being sold here for charity. are there other wealthy families that have come to you now after this and said, maybe this is what we want to -- is this an example for other people >> well, the rockefeller family is the great example of philanthropic giving in the united states, and there are several other families that do the same thing the tish family, well known to all of us in new york, is selling a major collection of modern paintings the week afte

robert frank has chilling numbers. >> everyone knew this would be a weak quarter not this weak.ince the financial crisis the worst sales total in more than six years apartment sales in manhattan took a dive in the first quarter down 25% over last year. the average sale price fell 8% it will now cost you a mere 1,933,000 for the average apartment in manhattan brokers saying there are three things going on here one, you have the federal tax cuts that hits high tech states like new york you had a big drop in closings for new developments you have these volatile stock markets which new yorkers are especially sensitive to. this is a market where the bottom is actually doing the best and the higher up you go is fairing the worst. prices for luxury apartments fell 21% we are now sitting on the market for five months. there is a year and a half supply now of luxury apartments and another 4,000 units coming online this year it's just going to get worse bargains at the top. this penthouse condo on green street, 7500 square feet, 4 bed, four bath, outdoor deck was listed to 20, just droppe

let's get to robert frank. he joins us right now with a special guest. >> good morning.ouncing moments ago in hong kong it is putting a painting valued at more than $150 million up for auction in may. joining us is ceo tad smith. welcome. >> thank you, good morning >> what makes this painting worth estimated over $150 million? and does that mean we're getting near a peak or a top in this market >> well, this one is a masterpiece. you may recall last november i was here telling you someone else had a great masterpiece a year ago i was telling you about a masterpiece. this is going to be a masterpiece and it will absolutely do beautifully. from a crucial artist. foundation of modernism. and it's a spectacular painting. >> we had a modigliani nude that sold for $170 million a few years ago. it's not crazy to think. this coming may which is the big blockbuster sales in new york, we have over a half dozen pieces that could sell for over $75 million. >> it's true >> i've never seen that before in my lifetime does that worry you? does it feel like that's sort of peak cycle alar

the odds of getting audited this year, the lowest in a decade robert frank joins us now with why that'sng people to cheat, cheat, cheat >> well, it could be it's going to get a little harder to cheat now. we'll explain why. the irs is going to receive about 130 million tax returns this year. the good news for taxpayers, fewer of them are going to be audited. cuts mean fewer auditors the chance of being audited have dropped by more than half for the wealthy. in 2011 the irs audited one in eight returns for filers of more than a million or more last year that figure dropped to 1 in 25. those who make more than $200,000 have seen their chance drop from 4% to 1% this marks a sudden reversal under the obama administration when formed a global high wealth group to target those big earners who use private companies and offshoring to avoid taxes. between 2008 and 2012, audits for the top earners jumped 50% now it's at it's lower level in a decade it's probably going to drop further because the budget dropped to $11 billion the drop has cost the agencies between $4 billion to $8 billion in uncol

robert frank has a look at that story. >> it's a lot.ckerberg's set what is believed to be the record for the cost of security paid by any company ever facebook spent $7.3 million last year on personal security for zuckerbe zuckerberg that is the largest for a fortune 100 company by a wide margin let's go to jeff bezos he's the richest guy the the world but spent only $1.6 million in 2016. tim cook had security expenses of just $224,000 last year and warren buffett only costs $387,000 to protect. now, google even cheaper doesn't list any costs facebook also spent $1.5 million on private jets for mark zuckerberg and sheryl sandberg spent $2.2 million on security. that is believed to be the second highest among all fortune 100 companies for 2017 so why these big increases well, facebook said the costs were necessary to address, quote, safety concerns due to specific threats facebook paid to install a security system at zuckerberg's various homes. they don't list the number of security guards that protect him and his family but media has re

us from the washington post, national political reporter and moderator of washington week, robert costa. frank figliuzzi, former fbi sa assistant director for counter intelligence. kmarly sykes, contributing ed r ed tort weekly standard and daily standard podcast. elise jordan, former aide in the george bush white house. former press secretary for president obama, and chuck rosenberg, former u.s. attorney and former senior fbi official, all lucky us, are now msnbc analysts and contributors. >>> let me start with you, frank figliuzzi. what does this look like from someone inside the fbi that the people around the president who are sort of living proof of loose lips sinking ships won't even, you know -- they lie about the most audacious things, the size of an inauguration crowd, the size of, you know, this and that. no one is pretending that cohen isn't a live downed wire. >> well, think about this. let's say you or i have our home or office raided by the fbi. and think about a scenario in which all we and our friends can talk about is whether i'm going to flip on them. this simply is extraordin

ceo of o eni >>> good news, folks, your chances of being audited by the irs are going down robert frankn why. i guess it's good news if you're a millionaire. >> good news for taxpayers, not so good for government the irs is going to audit fewer than 1% of tax returns this year good for taxpayers, especially the wealthy, but possibly costly for the government in 2011, the irs audited 13% of those filers who earned $1 million or more last year, that figure dropped to just 4 bill clint%. those who make more than $200,000 have seen their audit chances drop from 4% to 1% this is a very sharp reversal from the irs under the obama administration they created a special global high wealth group to target multimillionaire earners who were using private companies and a lot of offshoring to avoid taxes. between 2008 and 2012, audits jumped 50%, but now it's likely to drop even further the irs budget dropped more than $1 billion last year to $11 billion. the drop in audits has cost the agency between $4 billion to $8 billion in uncollected taxes. that's according to the irs. but the wealthy, they st

our robert frank digging spoke this one and has more details. >> a lot of political noise and confusionund this. let's get to the facts reports reveal sean hannity co-owns $90 million real estate portfolio purchased through shell companies and assistance with hud lending reports found llcs linked to hannity bought more than 800 properties purchased out of foreclosure over the past decade they used $18 million in loans obtained with help from hud program. those were loans recently increased by additional $5 million. hannity interviewed hud secretary ben carson on his fox news show last june and did not mention the loans or relationship now in a statement this morning, hannity said he's, quote, being attacked for investing my money in communities that badly need such investment. he said he doesn't collect or control or know the details about the investments. the shell companies are real companies that spend investment money upon real estate henssler financial, llcs registered to the address. he featured the managing director on his radio show, website and social media during that show, he

and other states are doing the same robert frank joining us now. do tell, mr.at we're all interested in this we live in new york and new jersey certainly new york and new jersey are about to become the first states to pass legislation that helps those taxpayers avoid the new federal rules on state and local taxes which means the battle lines are now drawn with the irs and the stakes are super high. more than $36 billion in federal revenues just this year. now, as part of its budget, new york created a new payroll tax program and new state charitable funds that allow high earners to write off some of their state and local taxes. the new law limits tax deduction to $10,000 under new york's 5% payroll tax, companies basically pay your income tax for you they pay the tax, they get the deduction because they can still deduct but employees' gross pay would be loss so probably not going to be that popular with employees, plus it's really complicated. both new york and new jersey have also created new charities to accept taxes. taxpayers could theoretically deduct thos

there are only 90 available and a pricier option and this would be robert frank's story, a 24-karat golde cup? bourbon, crushed ice, mint and sugar syrup. you can watch the kentucky desh owe may 5th on cnbc and the golden knights won yesterday and they're in the playoffs and the first year that they started i sort of knew -- >> very quick deal to tell you about before we end the show we work buying chinese rival naked hub. i knew you would appreciate that they rented it out to individuals and small companies. they do wear clothing, though. we have 10,000 customers they're behind the firm 1 million customers by the end of 2021 >> you don't want your employers -- >> a very special thank you to kayla for hanging out with us. >> good luck have fun >> make sure you join us tomorrow "squawk on the street" begins right now. ♪ ♪ ♪ >>> good thursday morning. welcome to "squawk on the street." i'm carl quintanilla and david faber. >> the president dials back on syria, and europe is green despite some disappointing industrial production nuer

robert mueller, sir? >> thank you. i would like to. >> frank figliuzzi, would you want to interview donald trump if you were investigating, if you were an investigator on the mueller probe? >> i'd raise my hand for that in a second. >> what would you ask him and why? >> yeah, i think, look, the first thing we have to go toward is intent, right? and i'd spend some time developing a bit of a dialogue with him because you want to get him feeling comfortable. it's all about intent to obstruct. and then if the time remains, because if he hasn't stormed out of the room yet, you want so start inserting questions about russian collusion, russian meddling. you want to start pointing out discrepancies in his public statements like i don't really know russians, i don't do business with russians and you start presenting documented evidence in front of him he does indeed have business in russia, he does indeed know russians and you just have this box of evidence that you keep pulling papers out of and you slightly start eroding his confidence in his own sta

robert levin dusty with the final touch one nil in the third minutes six minutes later frank river is crosstown love and dusty he made it. but later cruz and struck back a free kick for million brands and captain love's brenda made it to one in the sixty minutes. in the second half by and dominated tiago with a defense splitting pass the finish the job three one and against the hapless late because in defense tiago with just over an hour gone. by and. make it five one less than five minutes later. lay on faily slots at home an eye catching free kick but it was too late. and completed his hat trick six to the final school. germany's all time record goalscorer closer is set to join by munich's coaching team starting next season is currently part of the german national team back but will return to munich to take charge of the club's under seventeen team he spent four seasons at fire and twenty two week titles closes the world cup a record goalscorer netting sixteen goals in four turns. it watching the t.v. news still to come german prosecutors raid the luxury car carmaker porsche in conn

amazing room with so much history. 50 years ago tomorrow, march 15, 196, senator robert kennedy gave an instruction to his aide frank mankiewicz, "better reserve the senate caucus room for tomorrow." robert kennedy would have preferred to have run for president four years later in 1972 when lyndon johnson would have finished his second full term, he didn't want to challenge a democratic president. kennedy was a good politician and he knew this wasn't good politics. yes, lyndon johnson had just got an scare from eugene mccarthy four days earlier in new hampshire, but johnson had not just won but beat mccarthy in a write-in without his name, lyndon johnson, even being on the ballot so he was still a strong favorite for the nomination. kennedy tried an 11th hour han noou -- maneuver to change johnson's idea of vietnam, even a special commission to review that policy. and the day before he told mankiewicz to reserve this room he and ted sorensen had secretly gone to the pentagon to talk over that commission idea with johnson's defense secretary clark clifford. bobby really wanted to end the war rather than run for presi

amazing room with so much history. 50 years ago tomorrow, march 15, 196, senator robert kennedy gave an instruction to his aide frank mankiewicz, "better reserve the senate caucus room for tomorrow." robert kennedy would have preferred to have run for president four years later in 1972, when lyndon johnson would have finished his second full term. he didn't want to challenge a democratic president. kennedy was a good politician and he knew this wasn't good politics. yes, lyndon johnson had just got an scare from eugene mccarthy four days earlier in new hampshire, but johnson had not just won, but beat mccarthy in a write-in without his name, lyndon johnson, even being on the ballot so he was still a strong favorite for the nomination. kennedy tried an 11th hour han -- maneuver to change johnson's 's position >> -- and johnson was probably right on that. so here was bobby. so here is bobby on saturday morning, the day before st. patrick's day, march 16, in this room walking in here into this room that even now you can feel the history in this room and it had so much personal history for bobby kennedy. here was where

shot saves but having martinez followed up with aplomb robert levin dusty with the final touch one nil in the third minutes six minutes later frankriver is cross found love and dusty he made it to jail. but later couzin struck back a free kick for million bronx and captain love's bend and made it to one in the sixty minutes. in the second half by and dominated tiago with a defense splitting pass the finish the job three one and against the hapless late because in defense tiago added a full with just over an hour gone. by and said it was unstoppable making it five one less than five minutes later. lay on bailey started home an eye catching free kick but it was too late to lay the kids in and then completed his hat trick six to the final school. by munich's rival in the german cup final on may nineteenth is up for grabs with the second semifinal taking place tonight high flying shaka will host last year's runners up frankfurt a hard fought battle is expected between two hungry sides. footballing highs don't come much higher than a long awaited win in that regard. after four long years without a win over a sea of dortmund chunk of b

room with so much history. 50 years ago tomorrow is march 15, 1968, senator robert kennedy gave an instruction to his aide frank mankowiecz, he would have preferred to run for president when lyndon johnson would have finished his second full term. he didn't want to challenge a democratic president and kennedy was a good politician and he knew it wasn't good politics and yes, lyndon johnson had gotten a scare from mccarthy four days earlier in new hampshire, but johnson had not just won, but beat mccarthy in a write-in and he was still a strong favorite for the nomination. kennedy had tried an 11th-hour m maneuver to change vietnam and even a special commission to review that policy and the day before he told mankowicz to reserve this room and they had secretly gone to the pentagon to talk over the commission idea with johnson's defense secretary, clark clifford. he wanted to end the war rather than run for president then, but johnson shot the idea down and he decided it would be admitting defeat and johnson was probably right for that, and a commission idea would have meant that. here is bobby on saturday morni

shot saves but have the martinez followed up with aplomb robert levin dusty with the final touch one nil in the third minutes six minutes later frank river is cross found love and dusty he made it to deal. but later cruise and struck back a free kick from elian bronson and captain love's benda made it to one in the sixty minutes. in the second half by an dominated go with the defense splitting past the finish the job three one and against the hapless lay the chrism defense tiago added a full with just over an hour gone. by and said tak was unstoppable make it five one less than five minutes later. lay on bailey's thoughts at home an eye catching free kick but it was too late to lay the kids in and then completed his hat trick six to the final school. matt six to byron dismantling another club does it really matter who they face in the final you know there is actually a very good argument to be made that it doesn't bind are absolutely firing on all cylinders right now your piteous their coach who's about to leave at the end of the season the last time he was in that circumstance in twenty thirteen he won a trouble with fire and look

. >> frank, former fbi assistant director and msnbc national security analyst exploring a strategy of investigators on roberter's team. my next guest is tracking the russia investigation for "vanity fair." abigail good sunday morning to you and welcome back to the show here, do you agree with his infection analogy there? >> well, i think one of the interesting things that we've seen is meueller started with a wide net and moved closer and closer and michael cohen who has been a long-term lawyer is a key figure in a number of potential deals that my be of interest to robert mueller, of usually the trump tower moscow deal and letter of intent signed in 2016 as sort of one of those point. but i think what you're seeing is you're seeing him working with felix sater involve in a number of trump organization deals cooperating with mueller and given hours of testimony to the senate intelligence committee and worked very closely with michael cohen. kind of this idea that he's moving his net closer and closer to donald trump to get to individuals like michael ckchae that have a breathe of deals he might have been inv

frank mankowits with the pipe in his mouth directly in front of senator robert kennedy. the applause not coming from reporters but from supporters of the senator. [applause] roger: senator kennedy, after his announcement here, immediately comes to new york to take part in the st. patrick's ay parade. roger: "down in front," they're yelling. sen. kennedy: i am announcing today my candidacy for the presidency of the united states. i do not run for the presidency merely to oppose any man but to propose new policies. i run because i am convinced that this country is on a perilous course, and because i have such strong feelings about what must be done, and i feel that i am obliged to do all that i can. i run to seek new policies, policies to end the bloodshed in vietnam and in our cities. policies to close the gaps that now exist between black and white, between rich and poor, between young and old in this country and around the rest of the world. i run for the presidency because i want the democratic party and the united states of america to stand for hope instead of despair

just as investigators working for robert mueller have begun to question oligarchs about possible finance links between those in putin's orbit and mr. trump. >>> frank have predicted something that turned out to be true, so i'm going to start with you. is it your sense the people being sanctioned are also people who are on or could be on bob mueller's radar for crimes committed during the 2016 election? >> yeah, i think there are some overlapping people there. but i've got to tell you, while i applaud the sanctions today and they're making it painful to be a friend of putin and that's a good thing, i also think, you know, i'm a sin i ccynic. i'm looking for the back story. one unkind word being uttered by the president, i think we're seeing foreign policy as personal defense. we'll see the president using this as cover. i'm tough on russia, but he won't come out and actually say an unkind word about russia. it allows him to keep arms length distance and to defend himself by saying, see, i'm willing to approve sanctions like this, but there is something not right about him personally not coming out and calling out russia on these sanctions. >> joyce

robert mueller. gentlemen, thank you very much. >>> and could a blue wave hit the special election to replace arizona congressman trent franks?g for his seat, dr. tippernini joins us next. >>> and we're keeping an eye on the dow right now, stocks are falling sharply as big industrial and technology companies take heavy losses, right now the dow is down almost 600 points, the reaction is based on several factors, but the big ones are heavy equipment maker caterpillar and 3-m. caterpillar is warning of weaker profits and 3-m is citing higher costs for its raw materials. we're going to keep an eye on this right here on msnbc. but i realized something was missing... me. the thought of my symptoms returning was keeping me from being there for the people and things i love most. so, i talked to my doctor and learned humira can help get, and keep,uc under control when other medications haven't worked well enough. and it helps people achieve control that lasts so you could experience few or no symptoms. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections and cancers, including

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frank figure luzzi is back with us. former fbi assistant director for counterintelligence, who in the past has worked for robert mueller. also an msnbc national security analyst. and mimi roker returns to the broadcast. former assistant u.s. attorney for the southern district of new york, now a distinguished fellow in criminal justice at the pace university school of law. mimi, home field advantage goes to you. i'll start with you. what stands out to you -- here, we all have a copy of these memos with big black marks for redactions, the stuff we really want to read and aren't allowed to see. >> exactly. >> what happened tonight when these were released? >> look, what stands out to me is that this just bolsters the credibility of jim comey. i was not one to doubt it in the first place, but for those who might have been on the fence about it, i mean you don't make this up. this is not made up stuff. this reads like real life happening and him recording it. and so to the extent that this was, you know, orchestrated, released at a time that somebody thought politically it might help them, i don't think it did that, helped s

. >> frank we can see in the way the president is working the story, he is adjusting his testimony to what becomes public. a week ago thomas robertsadn't said that, thomas roberts was there as a co-host of the beauty pageant, he interviewed trump on camera one day, saw him there the next day, saw him at the party after the show. and thomas hadn't talked about that until this week and we had the new reports this week of what the logs of aircraft shows about trump's travel and that information wasn't out a couple weeks ago, but now that it is, donald trump has the day or two version of staying in moscow. >> this is the sliding value of truth in the president's mind. i got to tell you, lawrence, one of the things -- the first thing that hit me this morning with the rantings on fox was not the content of what he was saying, because he shades the truth depending on the day but he was doing it at all. from my experience with the fbi, what the president is doing at that time of the morning is receiving intelligence briefings, securing our nation. instead our president was ranting on cable news. >> and making his defense more insecure. fr

robert chaplin. that is for bloomberg subscribers only at tv . ♪ haidi: let's get you a check of the business flash headlines. there was a frankxchange of views related to a fatal crash in california. musk and the ntsb chairman discussed the fatal crash. it also talk to the hazards engaged with the autopilot system. rishaad: tesla trying to raise on7 billion there to take its rivals in the world leading electric vehicle market. there is a $100 million cash and stock deal. they have agreed to integrate their right service into the uber at. rishaad: it is 9:29 a.m. right here in hong kong. we are counting down to the start of the trading day. looking at asia-pacific equities which are part of a mixed bag, but just marginally up. xi is going to beginning his address on it 's lawyer donald trump making statements. tax --cks are just for perhaps taking their cue as to what happened in america because we still had -- have traded tensions playing out. have xi perhaps addressing some of this tit-for-tat. sydney withck to breaking news possibly. national bank releasing its business conditions. falling from 14 to 21 in the previous mont

that's why robert mueller in an ideal world would have a chance to sit down with president trump and ask him what was on his mind when he was doing these things. it's frank little a chance for president trump to exonerate himself if he can come up with some other explanation for why he engaged in these activities or had others do it on his behalf. he might be able to convince robert mueller that there was no corrupt intent here. but it sounds like, if robert mueller is ready to move on, that he has satisfied himself based on the evidence of others and statements in other things that president trump has done, that there is enough circumstantial evidence to establish that element of intent here. >> julie ainsley, what is your sense of what the president's reaction might be to a report that -- i'm just thinking about -- just look at the abuse that jeff sessions has taken. i think the very first account about president trump's rage at him and now he just says openly in public, he said it this week, if i knew he was going to recuse himself i wouldn't have picked him in the first place. it was a pretty dramatic break up when we first learned of the president's

frank regulation at. c-span two, the u.s. senate considers that nomination of john raining. 10:00 a.m. >> in a half hour, we talked to congressman robert pittenger about efforts to tighten in for an -- foreign investment rules to address concerns about u.s. tech companies. and representative rocha hunt up on mark zuckerberg's capitol hill testimony. and a discussion about the cbo of a $1 trillion deficit in 2020 with william hoagland of the bipartisan policy center. we did not take a brought in a few of our responsibility, and that was a big mistake. it was my mistake, and i am sorry. it,arted facebook, i run and i'm responsible for what happens here. ♪ the first day of testimony before the senate, facebook ceo mark zuckerberg promised reforms of the company's practices when it comes to data protection and political advertising. mr. zuckerberg faces another day of testimony, this time before the house. that will be at 10:00 this morning. you can see that on c-span3, radio.org, and our out. hearingnterested in from you about his testimony. do you believe those changes will,, and will it change your practices when it comes to facebook or