sec will be looking at steve cohen.e has an outside monitor to make sure they are following securities laws. mark: he's been working to build his reputation. didn't expect he will be managing money for clients again. are you surprised? ron: a lot of folks are surprised. i'm not sure how surprised i was. i've never met anybody in the ment industry who retires. it's what he knows best. if i'm looking to allocate, compliance will get more attention there than most places. is the sec going to look at him so hard that they will eventually find something -- can you comply with the 7000 pages of mifid type laws that affect the asset management industry? vonnie: i'm sure the sec isn't going to go after him for something minute. if you were advising steve cohen now, is there anything more you could possibly tell him? ron: he has short up his compliance. we know with certainty that the sec will continue to conduct exams on his firm to make sure it stays compliant. mark: how much money has he raised? they were ambitions for $10 mi

let's start with democratic congressman steve cohen of tennessee ranking member of the house judiciary subcommittee on the constitution and civil justice he also serves on the house ethics committee joins me from statuary hall in the u.s. capital all right what do you make of the judge's ruling and how will this affect where this goes well i haven't had a chance to read it out heard about it most many of my colleagues who are very happy about the ruling i'm sure it's going to be appealed i tend to doubt as it works its way up i tend to doubt that will be upheld but i do think there's an issue concerning using regulations as distinguished from legislation although the president can prioritize who he chooses to. have the. our forces agencies send out of the country we can't do everybody at once and then as president obama prioritize people who committed crimes and violent crimes were

this is congressman steve cohen making the announcement on november 15th.teve cohen: i am proud to stand here with my friend, congressman gutierrez, with other congresspeople who will be here, in announcing that we are introducing articles of impeachment to remove president trump from office. there will be, i believe, six signatories on the resolution. we have taken this action because of great concern for our country and our constitution, our national security and our democracy. we believe that president trump has violated the constitution, and we have introduced five articles of impeachment. congressn, that's member steve cohen of memphis, t -- tennessee, and joining him, luis gutierrez of chicago, marcia fudge of ohio, adriano espaillat of new york, john yarmuth of kentucky and al green of houston, texas. explain what they are introducing. john: well, they have introduced five articles of impeachment, and they have done it as a group. it is significant because up until now there were two members of congress, al green being one of them, congressman al gre

>> here's what we know, and we'll try to unpack this, steve cohen the greatest hedge fund investor of time, firm was shut down after investigation. he has reemerged because he's barred from the industry. he was never charged with insider trading, failed to supervise what the feds nailed him on. it brought a two-year ban, the two years was up, steve cohen is going to come back to the public hedge fund business, could be any day now. i hear it's this quarter, i'm giving myself a little wiggle room. three months i have to get this right. we hear this quarter after a five-year hiatus, a two-year official ban, sec capital was shut down, was charged with insider trading and shut down, never him. five years ago, that was 2013, now he's back. we understand he's going to open up stanford harbor capital with about $4 billion in outside money. and here's another interesting shift. lot of people thought it was going to be larger, he's keeping it small. wants to fly a little bit under the radar screen. the other thing is he's shifting away from trading on proprietary information. the stuff that no

democratic congressman steve cohen of tennessee is joining me now.s in addition to articles of impeachment which include obstruction of justice and the congressman is a member of the judiciary committee. so glad to see you here, front and center in the studio. great fun to have you. the question out of the gate, did the president obstruct justice by ordering the firing of mueller. >> i believe he did by firing james comey and if he ordered the firing of mueller, which i presume he did, i believe "the new york times," and it's one of my bibles, not that nbc isn't another one. he did it again. and he'll do it again and again because that's his m.o. >> there's no reaction yet from the house speaker paul ryan nor from majority leader mitch mcconnell, anything on trump's attempts to fire mueller. does that indicate to you the kind of uphill battle it will take to get congress on board with kind of legislation that you're proposing? >> it's going to be difficult. walter jones is a co-sponsor in the house, our bill is both bicameral and bipartisan in both t

you mentioned the outside monitor on steve cohen's payroll .anything on their end in anticipation of the comeback? matt: the monitor goes on and we -- at least until 2019. they will also look at the normal regulatory filings that hedge funds have to provide. julia: they seem to do their best to find something here. he himself was never charged with anything and we should make that clear again. believe hever managed outside money? matt: at least, that was not their goal. they were seeking a ban for a lifetime. you think this will be a new normal for hedge comes overall, that other firms will be under this kind of scrutiny? matt: for a lot of regulators, they look at big names and big do bring ase they successful case, they could use it as a big deterrent factor. on theit protects you hedge fund side as well. you know exactly what is going on with the firm and that protects you at the same time. that is another angle to look at this. matt robinson. now coming up, right for a big an unexpected crisis in 2018. former treasury secretary jack lew say

steve cohen can manage it, but his new shop looks different. >> tired of the -- >> 50. ♪. >> welcomeloomberg best." and the top business stories in washington where the the minutes were released of its meeting. the federal reserve out with its september minutes. and tax cuts and business spending are unsure. the minutes showed strong support for gradual rate hikes. and going into these minutes, the big question was what was the discussion on inflation and how it's going to change from their meeting from november to december. there wasn't a lot of difference in the discussion, but the one difference was that in terms of the risk assessment around inflation, what the chart shows fewer people saw risks to their inflation. that's the blue line and that number went down from 4 in september to 2 in december. we are kind of back to where the committee is seeing the risk to the inflation outlook on the upside and downside. >> let's go back to rahm and the death toll from the anti-government protests and the clash with protestors. least 20 have die after unrest. the president is trying to dif

after a two-year battle, steve cohen is back in the game.ofdge fund wall street's most anticipated comebacks. what can investors and onlookers expect from the financial giant? bloomberg hedge fund summit reporter kathy burton is here with the latest. have a 50oing to member compliance team. that is huge. what are they going to be doing? kathy: they will be doing everything from listening in on people's phone calls, looking at their emails, they have an ai programs that take out suspicious wording. they also have veto power over people being hired. vonnie: it is fascinating. it makes it sound like people want to do ill things in this industry and you need some kind of big other machinery in order to not do it. will the people who are hired to be some of the old people that used to work at acc? runningteve has been money for the past few years at something called point72, which he has been managing his private fortune. all of those people will be the same people who manage money at this new entity. they still have not said that they are openin

the band is over for steve cohen and he can manage outside capital again, but his new shop looks veryis old one. >> he has hired a compliance team with 50 members. shery: this is bloomberg. ♪ ♪ shery: welcome back to "bloomberg best." i'm shery ahn. let's continue our global tour of the weeks top business stories in washington, where the fomc released the minutes of the december meeting. >> the federal reserve out with december minutes and they expect tax cuts to boost consumer and business spending, though they remain unsure of the impact of the new tax law overall. they show strong support for further gradual rate hikes from setting the stage for another .25 point hike in march. >> will was the discussion on inflation and how is it going to change from the meeting in november to the meeting in december. there was not a lot of difference in the substantive discussion, but the one difference was that, in terms of the risk assessment around inflation, what this chart shows you is fewer people on the fomc saw risks to their inflation outlook as tilted to the downside. the number went do

here is steve cohen giving something like $2 million to this pac. neil: really?> last year he gave 250,000. neil: to keep the senate republican. >> yeah. you have got to ask yourself, why does he, why does he think keeping senate in republican hands, why has he made -- this guy in the past gave plenty to democrats. he was anomaly according to people i talk to was a democrat even though he is billionaire. he may have had a political awakening, supply-side econmics all of sudden he believes in that he also may be placing his bets with the gop in terms of their deregulatory agenda. the justice department under president obama went after him tooth and nail on insider trading. basically tried to indict him, put him in jail as long as they could. it didn't happen. he now as you can see placing his bet with republicans who will take a much laxer, less, more hand off sort of approach to regulation, particularly, probably insider trading which will come under the auspice of the u.s. attorney. neil: anything in the house? that is where the battle could prove to be? >> yeah

advisor at northwesternmutual.com. >>> welcome back 2018 could be a big year for hedge fund legend steve cohene picker joins us now happy new year to you. >> reporter: as the ball dropped so did a regulatory ban from cohen managing money it's been two years since the s.e.c. prohibited cohen from overseeing funds that manage outside capital. that came as part of a settlement in january 2016 over charges that cohen failed to supervise a portfolio manager who engaged in insider trading while employed at his former firm sac capital since then cohen has opinion running a hedge office with soupe vision and he's been looking to drum up new interest for a new fund and he's elicited help to meet with investors and test the waters. he had's aim to charge higher than average fees with stricter lockup requirements that have garnered mixed reception from respective lps because the hedge fund pendulum has shifted in recent years to lps. amid underperformance lps have had more leverage to fight for concessions from hedge funds such as lower fees how a cohen comeback fits into this changing hedge fund world r

if you are thinking of putting cohen -- putting your money with steve cohen and 50 regulators.w why he ended up with three or four versus 10. there could be a little bit of hesitation on going all in with steve cohen at the point, but the proof will be in the pudding. david: now we will go to mifid. i know that. ii.n numeral the thing that strikes me about this is that they did not put it into effect over the weekend. a weighted an extra day, so they are going to have to do this overnight tonight which is a bit -- big transaction. this is something that has been talked about and talked about and talked about. january 3 has been a date looming on the calendar because this is nominally about europe, but really is about the entire banking and financial world. $2 billion that banks around the world have spent getting ready for this, and no one is exactly sure how it will play out. you hit some of the highlights. one thing that jumped out in the area about dark pools, they are saying instead of dark pools people will be using systematic internalize are's. .- internalizers it sounded

earlier this morning, democratic congressman steve cohen and republican congressman charlie dent told me this reported step by step as the president crossed the line. >> mueller is in jeopardy. because what does trump do but fire people? i think they've kept him on a leash for a while. but he's a bulldog. and they keep him on a leash. he likes to be in the epicenter, and it's bad for him. >> why interfere with the investigation? i'm not saying obstruct, but interfere. it just seems to contradict what the president has said publicly. he said he's done nothing wrong. it would be ledge cogical to le investigation come to its natural conclusion. >> in the senate, "the new york times" and "washington post" say democrats plan to include legislation to protect mueller. this is part of continuing budget negotiations. republican senator lindsey graham co-sponsoring yet another measure. helping us navigate through the latest, nbc white house correspondent geoff bennett. "time" magazine's jane bennett small. we will talk about with former federal prosecutor cynthia oxney. geoff, there's new reac

hasn't stopped his opponents washington bureau chief for nolen spoke to democratic congressman steve cohen from tennessee who made an official case for impeachment last. congressman cohen you have interviews five to close off impeachment against president still not strum and you are calling upon congress to start impeachment hearings why now well i think there's been times before when they could have been brought i mean from almost the beginning of his administration he's done things that have been difficult to bear for people that are used to american presidents who is exhibit grace and aplomb and intelligence and the where in this but he's committed acts concerning his business practices his businesses the money he's made which are in violation of our constitution called the emoluments clause and then he came up with the firing of james called me which i thought was a very low point in american history and think that was a shock of justice so these things have occurred and are held back and held back and held back and that finally what happened at charlottesville. really was kind of the

movement toward easing his tough stance on the dot com program let's start with democratic congressman steve cohen of tennessee ranking member of the house judiciary subcommittee on the constitution and civil justice he also serves on the house ethics committee joins me from statuary hall in the u.s. capital all right what do you make of the judge's ruling and how will this affect where this goes well i haven't had a chance to read it out heard about it most to me my colleagues who are very happy about the ruling i'm sure it's going to be appealed i tend to doubt as it works its way up to at kinda doubt that will be upheld but i do think there's an issue concerning using regulations as distinct from legislation although the president can prioritize who he chooses to. have the. our forces agencies send out of the country we can't do everybody wants and as president obama prioritize people. committed crimes and violent crowds were first on the docket kids were last in he could do that but he did it he will further giving them an opportunity to stay in the country in a different system which is gener

everyone is looking at steve cohen. number, gleaned we are starting to get more transparency when it comes to that. this is an interesting look. the numbers are staggering. 3.6 to oneious life, was the tip of leverage and now coming into this year, looking at eight to one. more than double almost. one thing that should be noted is that this was mostly, really entirely when he was investing his own money. david: it may be different? >> now that there is outside capital he could be less risky. david: paying a lot of money to leverage? alix: that make sense but it speaks to, the hedge funds that did well in 2017, a lot of them were leveraged. if you need the returns and you want to charge the fees, you have to lever. >> leverage is what makes wall street go round. speaking of which, private equity. alix: let's talk about that. partners group holding, never heard of them. if they have $70 billion in asset management in switzerland and doing amazingly well. >> the one thing that jumped out at me, someone said they had been c

let's start with democratic congressman steve cohen of tennessee ranking member of the house judiciary subcommittee on the constitution and civil justice he also serves on the house ethics committee joins me from statuary hall in the u.s. capital all right what do you make of the judge's ruling and how will this affect where this goes well i haven't had a chance to read it out heard about it most many of my colleagues who are very happy about the ruling i'm sure it's going to be appealed i tend to doubt as it works its way up i tend to doubt that will be upheld but i do think there's an issue concerning using regulations as distinguished from legislation although the president can prioritize who he chooses to. have the. our forces agencies send out of the country we can't do everybody at once and then as president obama prioritize people who committed crimes and violent crimes were first on the docket kids were last and he could do that but he did he will further giving them an opportunity to stay in the country in a different system which is generally a legislative back so i think it'

hedge fund billionaire steve cohen is leaving nothing to chance.e you inside the surveillance operation after the previous hedge fund ran into trouble with the law. have a look at where european equities are trading right now.

steve cohen is an honest guy. not in my party, but a former boss, and they said he stole money, and i said there was no way he did, and he didn't steal any money, chris. donald trump, jr., he's an honest person and american patriot, and to call him treasonous, you have something wrong with you, get back to your therapist and get on the air and take it back. >> he's not doing it. he had plenty of opportunity. >> it's a sign of how he is as a person, and it's his way or the highway, and it's all the things frankly i was saying about him, and it's nonsensical. you are on his staff and on the president's team, and i am a loyal guy, and as far as i am concerned he was not. >> is it true that you may wind up back in the white house? >> i don't know why people are saying that. i never had a conversation with the president about that or his family. i am more focused on my house, chris, than the white house. >> i'll take it at that. you are in the book. >> did he spell my name right? >> yeah, they got it right. the 11 days

now it is my great honor to introduce, from the great state of tennessee, steve cohen. [applause] >> thank you. america, this is a beautiful picture. i am from memphis, the blue star in a red state where thousands of women met today in a rally for women's rights. [applause] i am proud to stand here as one of the sponsors, along with the representative and several other colleagues who filed to impeach donald j. trump. [cheering] he is file you -- violated the emoluments clause. he has obstructed justice. he has stood up in ways that the press and judiciary should never try to stomp on them. we will not allow it three years from today. crowd in the history of washington will gather here to see the election and inauguration's of the next president of the united states, someone that believes that justice, freedom and democracy. ofcongressman cohen tennessee, part of the march. also taking place around the country. this headline at washington post.com as they post fingers of the shutdown as regards to what happens next. the president's legislative affairs director from cnn a

in newsweek magazine is alexandre in the saga and you give us an insight into what he believes steve cohen motives. he is terrified of what robert muller the special counsel is going to come up with and he is pointing to jared questioner and downtime jr specifically in saying these guys are in real trouble he's sending out sort of almost flares maybe even messages to president trump saying these are the guys you better you have to including your son that they're they could be in real real trouble why do that in a book like this in such explosive language i don't know i don't think steve benen really worries about what he says i don't think he's out there to make friends to make money. he doesn't want the former and he has plenty of the latter i think this is for his ideas and his ideas are bigger than steve bannon according to steve van and bigger even than donald trump so he's willing to burn any bridge in order to get where he needs what he believes in the country needs to go i think he is a dangerous enemy even more than he's a useful our i i don't think president trump can alienate ste

david: now they have the etf's breathing down there next. .lix: and steve cohen i was interesting --in what happens with uber. are we looking at, i will be off the board and doing something else? jason: that is the question nobody knows the answer to. one thing that gets missed a lot of times when we talk about uber is you have some really true blue-chip investors in this company. you think about tbg and benchmark, softbank going in in a big way. istbank's investment allowing travis kalanick to take some of this money off the table. alphabet's venture capital fund involved there as well. stolen so many of the headlines in a way, but what this speaks to is there is still big questions around whether this will ultimately be a good investment. ,e is selling part of his stake although reportedly wanted to sell more. david: he was willing to sell 50% and they would not let him. alix: only a $48 billion valuation. david: he is hurting, you feel bad for him. jason: it is really interesting to watch this from an investment than point. david: let's talk about billionaires in politics. start w

congrats to all the other nominees, ellen, jimmy kimmel, james corden, harry connick jr., and andy cohen. >> stevereat company. [ cheers and applause ] such great company. >> steve: very good. >> jimmy: that's exciting. the awards air january 11th at 8:00 p.m. on the cw. be sure to check it out. the critics' choice awards. [ cheers and applause ] that's a big deal for us. we love that. guys, we have a huge show tonight. he stars in the new animated movie, "ferdinand" -- [ cheers ] i know, we love him. the one and only john cena is here tonight! [ cheers and applause ] >> steve: come on! >> jimmy: can't see me. >> steve: love that dude. >> jimmy: he is the greatest. >> steve: he's the best. >> jimmy: later in the show, john cena and i are going to perform some "mad lib theater." >> steve: ooh. >> jimmy: so stick around for that. it's fun. [ applause ] plus, from the new amazon pilot, "love you more," bridget everett is on the show. [ cheers and applause ] you know how they do this? on amazon, they do these things -- i'll talk to bridget about this, but they have a pilot. it's called "love you more.

they've got mick mulvaney who we love because of his man management, gary cohen, steve mnuchin, the bosse money managers and they know how to deal with money and move it around. melissa: we don't want working men and women out there that would have to work anyway to not receive their paycheck that's not fair. on the other hand they could show you how much less government we potentially need. no one would cry if the irs were closed for a few days am i right david: we'll see you tomorrow with neil cavuto on fox news. melissa: here is risk & reward. we had a long and detailed meeting. we discussed all of the major outstanding issues. we made some progress and we still have a good number of discussions to continue. liz: no deal there. we are less than five hours from a potential government shutdown, both sides are now blaming each other even before it happened. it all hangs on the senate and the senate democrats. market averages still closed in the green. democrats blaming republicans, republicans like paul ryan blame the senate democrats, and the battle of it the meeting you just saw chuck

the nationalist agenda that bannon lost battles over within the west wing to the likes of gary cohen, steve mnuchin and jared, bannon was displaced from the national security council. so anger to h.r. mcmaster. and perhaps, i think, a sense that, you know, his time there was always limited. he had nothing to lose. better to revert to not unlike donald trump himself, be a bomb thrower, to be willing to blow things up and pursue his own agenda. bannon, a guy in his 60s, doesn't come over as a yes man or a diplomat or somebody who would want to keep his own counsel. >> we want to keep you around because you're the only one who has read the entire book. there's a moment in the book where wolff is writing about president trump and perhaps painting a bit of a picture of a man a bit paranoid. quote, long afraid of being poisoned, he would say one reason he like to eat at mcdonald's was because nobody knew he was coming and the food was safely premade. is that a theme that you notice throughout the book that the president is, according to his friends and closest advisers, a bit paranoid? >> yeah. t

cites all the time, record highs he's concerned and people close to him are telling him, gary cohen, steve mnuchin, this could roil the markets, this big barometer of your success could go in the option direction that's one of the thins that's pulling him away from what would be his instinct and what we've heard him say for a long time which is nafta is a bad deal. >> wait a minute you said the president is listening to the stock market instead of the polls for his next moves. >> yeah. i remember covering the primary campaigns and all they talked about is polls now the stock market is the big thing he pulls out to say, look how successful my presidency has been the stock market is responding we heard the tax cuts, watch what this will do to the markets. he likes to see record highs that's something now a factor in these decisions. >> that's always something dangerous for a president to do, larry, as you well know. >> i don't know. look, the stoment can change direction. i mean, you've had ten changes in the last 20 minutes in terms of long-term trends, the market's been on the rise. you've

administration, making steve bannon his chief strategist, nominating steve mnuchin for treasury secretary, and he also appointed gary cohen of goldman sachs lifer. >> creating an administration that looks like goldman sachs. liz: what do you think, ben? ben: well, goldman sachs has an awfully smart people. i'm probably not the right person to ask about this because i've criticized them very severe ly over a many number of years but i don't see anything wrong with getting the smartest possible people to work in your administration whether they have goldman sachs on their resume or not. i want smart people. i don't care where they come from. i don't care where they come from the projects or they come from park avenue. if they're smart, hard working capable well informed and are patriots above all i want them to be working for us and by the way, i have nothing against corporations making lots of money. that goes into people's retirement accounts and college endowments, hospital endowments. that money does not come from buying yachts for people to have wild parties on and bringing out party girls and dancers and strippers and

michael cohen, recent statement about him. steve is a really great man. this is donald trump's lawyer been the driving force behind the rnc finance committee. to the point you just made, the dnc said the republican party is the party of roy moore, donald trump, franks. democrats refuse to standby while the republican party denigrates. women will continue to march side by side with women across the country. are you concerned that your party is becoming the party of donald trump, roy moore, and now steve wynn. >> so first of all, with regard to the rnc meeting next week and steve wynn's role, one thing if you step back from the politics a moment that may cause it to play out differently, what leadership role steve win plays with the rnc or with his own company for that matter. it's a publically traded company. i believe it was the wall street journal story that pointed out recently fcc filing from wynn casinos the company stating that if there were a change in mr. wynn's leadership capacity ability to be involved with the company, it would be a serious hit

steve bannon in the book. >> it's a mosaic that's true. the gary cohen thing, he obviously didn't write that e-mail. it's written as these are thoughts attributed to gary cohen and they're elements of the thoughts portrayed in there. gary doesn't think the president reads very much, not engaged on policy, ring true. things a lot of people in the west wing -- the fact he tapped out an e-mail to lloyd myfind, of course not. >> when the president says this is run like a tight ship or a fine well-oiled machine, the best of the best people. >> no. >> well, that ain't true. all right. coming up next, former white house communications director anthony scarmucci will join me. his thoughts on bannon versus trump and how the entire white house is portrayed. you don't want to miss it. yo, check it out dawg. that was just a'ight for me. i mean, you got the walk. you got the stance.. but i wasn't really feeling it. you know what, i'm not buying this. you gotta come a little harder dawg. you gotta figure it out. eh, i don't know. shaky on the walk, carriage was off. randy jackson judging a dog show. i don't know

cohen head of the counsel. i think there has been a big shift as a result of the removal of steve bannon, whether or not presidentrump would have gone to davos, i'm not sure. the speech he made yesterday was an attempt to attract. i have cut taxes for big corporations. he claims to put more money in the pockets of american workers and deregulated in such a way, this is a good climate for investment. i don't think that was off, really. the sidelining is important. i don't think the underlying message has shifted. that made a shift, already, away from the hard core populism, in any case. >> the president certainly back here in the united states and we'll have to see how this plays out politically, this news that he ordered the special counsel, robert mueller fired and backed off after the white house attorney threatened to resign had me moved forward with that. that's the story in play. thank you for your time. we'll stay in touch with you. >> thank you. >>> in russia, a major opposition figure has no doubt the kremlin tried to influence the u.s. election race. he, too, has been the target of hacking and fake docum

michael cohen is going to have to produce documentation, potentially communications with the president. >>> new developments in morning in the ongoing odyssey of steve bannon. the president's one-time chief strategist -- oh, that feels like a long time ago, pushed out, stepped down from his post at breitbart after the public feud, the rift with the president. >> the relationship has been unraveling for a while but it really unravelled last week with the release of the book "fire and fury," and then quoted as saying he lost it, and taking aim at the president's family members. look, i mean, this shows us, right, what happens, can happen when you cross the president. >> right. i don't think that bannon quite realized exactly what he had done when he made those comments to wolff. i told you last week there were three things bannon had going for him, and one was his proximity to the president, and he lost that. the other one was the backing of the mercer family, mega donors, who were funding his endeavors and he lost that, and the one thing he had remaining was a perch at breitbart news and he lost that. it's unlikely he could stay relevant in politics,

cohen has the portrait of bad ethics. >> ambassador to how to get things done in manhattan. they were tied at the hip. steve bannon inherited that when trump went to washington. he wants people to do his bidding. >> you know who has fixers? mob bosses. >> donald trump is used to trying to interview -- >> yes, 100%. >> -- did regulatory, legal and financial structures. he's done it his whole career. >> that's what he tried to do always in new york city policies and government. he's a pick up the phone guy, get it done and assumes it's going to happen. whether it's a violation of the law. whether it's unethical. whether it's against the zoning code. irrelevant. doesn't matter. >> thank goodness for the free press. all right. we got to turn. happening now, the market just opened moments ago. you know, it's been a strong market. as you can see, it is reacting to the jobs report which was released an hour ago. stocks are up. in december, the u.s. economy added 148,000 jobs, lower than expected, with the unemployment rate staying at 4.1%. this final report closes out president trump's first year in office when mo

steve bannon's comments and money laundering involving the president of the united states and his family. the president taking credit for north and south ka rhea talking and calling critics fools. william cohen is here with me and he will respond. also, the white house briefing moments away from now. you are looking at leave pictures and new accusations surfaced from the explosive new book. they appear out of nowhere. my secret visitors. hallucinations and delusions. the unknown parts of living with parkinson's. what plots they unfold, but only in my mind. over 50% of people with parkinson's will experience hallucinations or delusions during the course of their disease. if your loved one is experiencing these symptoms, talk to your parkinson's specialist. there are treatment options that can help. my visitors should be the ones i want to see. >>> president trump brushes off krit 1i678 of his war of words and takes credit for the fact that north and south korea are communicating. president trump tweeted this. with all of the failed experts weighing in, does anybody really believe that talks and dialogue would be going on between north and south korea if i wasn't firm and strong against the no

michael cohen slapping lawsuits against the firm behind the report fusion gps and buzz feed for publishing it. steveting president trump onto the field. >> i couldn't imagine a better end to my college football experience. >> a thrillin thrill, somethingi never imagined would happen. ♪ ♪ ♪ it doesn't matter where we go ♪ we always find a way back home. brian: andy grammer who did our show. ainsley: did you make him famous? brian: he was on his way. steve: he was on his way. brian: i told him to stick with it. steve: thank you for staying with us. we have a busy day. in that montage, you had one of brian's guests from the first hour eric beach who said when he saw the president there with those lawmakers in one of the rooms at the white house, it was like the apprentice. it was. because there you had donald trump in the big chair presiding over all these other people that is not the image. that's the image right there. steny hoyer and dick durbin on the other. they're negotiating. you are wondering at the end of this episode does he fire somebody? ainsley: even mainstream media was praising him for t

my friend bill cohen, special correspondent for "vanity fair" and the author of "why wall street matters." and matt welsh, editor at large for reason, the monthly magazine. let's talk steve bannon. when you talk about don jr. facing investigator, he said that investigators would, quote, crack him like an egg. now, this was steve bannon's -- these were steve bannon's words over a week ago. now steve bannon is persona non grata. he's out with the trumps. he's out with the mercers. he's out at breitbart magazine. steve bannon is in a desperate situation. could he walk into this line of questioning today and suddenly try to be an ally, a savior, a lifeline for president trump? because it doesn't sound like anybody else has when they've been questioned. what does steve bannon have to lose? >> i think that's one of the big questions. which is where is steve -- where does steve bannon's loyalty lie now? obviously he was one of the president's top aides that first six months in the white house that really formed the heart of the obstruction of justice investigation. we know the president is the subject of. he's made a lot of inflammatory comments in the book, in michael wolff's

cohen. issues, s so many no one agency can deal with it. what are we talking about be aand why would fsoc good regulator? financial stability council, steve mnuchin oversees it, but sec, cstc, cspc, a lot , and all s of onsible for a lot protection. all of the agencies should be responsible for doing it. in the re chefs kitchen. have they said anything about bitcoin up until now? >> every year, they put out it's 150 pages and in the last year, had maybe one paragraph. down.s played between the middle of december and now, something huge has changed. we reported at the end of december, that goldman sachs cryptoing to build a currency desk ' at forces the regulators hands a little bit. banks are ready to address this, whether the regulators ready or not. >> and it's a circle that itself. when futures trading began, legitimization to some degree. it then allow the banks to be become more involved? >> it does. the banks and analysts at he banks have said that regulation is a big come enter in a legitimate way. there's a lot of risk at getting in trouble. a lot of issues volatility and losing money. and until these are sorted out, people will b

steve mnuchin. [applause] president trump: they must know you, that's about 5% of the group. the director of the national economic council, gary cohen is our taxman. where is gary? he did a good job on this taxes. everybody being helped by those huh?, representatives of congress, representative lou barletta. booing]d applause and [applause] he has been ap: friend of mine for a long time. here is another one, mike kelly. [applause] meehan.t trump: pat great job you do. these are like real friends of mine for a long time. rothfuss.tive keith thank you, keith. thank you for being here. a man everyone in washington knows and respects, bill shuster. [applause] pres. trump: representative gt thompson. [applause] this,trump: and you know a person people are hearing more and more about, a real friend and a spectacular man, lexicon ciccone. and his wife, thank you for being here. special people. vanka is also here today. [applause] she works so hard on the child tax credit, come up. [applause] pres. trump: and a very special thank you to george cook, for hosting us. he has done a great job, thank .ou ivanka, are you going to say a few words?

gary cohen was on your show or something talking about america first means -- doesn't mean america alone. >> stevetalked about how a weak dollar may be a good thing. do you agree with that and do you like that idea, the treasury secretary saying that publicly >> you know, usually treasury secretaries don't comment on that publicly. what you have today is a struggling u.s. economy. even stronger than people expected, japan, europe, china the dollar relates to the relative strength versus what people say i think it's fine it's weak in the short term doesn't matter that much. >> thinking about the stock market, we had ray dahlia on he said if you're in catsh, you're stupid. he said we could have a recession before the next election. >> i don't guess about the stock market jpmorgan, markets go up, markets go down, if you postulate we're going to have a good -- >> you're a private banker you have huge clients trying to make bets. >> they don't allow me to give advice about the market for a very good reason. >> how do you get to 4% when you've heard the rhetoric from every person and, jamie, there are s

cohen talked infrastructure, speaker ryan talked entitlement reform. those programs will likely be less ambitious than previously discuss discussed. outside camp david, steve bannon tweeted yesterday apologized for not commenting sooner. don jr. is a patriot and a goodman and that he stands by the president and his work to make america great again wolff on the defensive for the various factual errors for his reporting of what we know to be some true events here's wolff on "meet the press." >> i think we mixed up mike berman and mark erman. for that i apologize but the book speaks for itself read the book. see if you -- if you don't feel like you are with me on the couch in the white house and see if you don't feel alarmed, as you say. >> reporter: today the president will attend the college football national championships in atlanta after a stop in nashville to address the farm bureau that's his first major speech since tax reform passed. grace darling says he will taut tax reform he'll taut deregulation, efforts to combat the opioid regulation and a policy report commissioned in an april executive order. that's expected to be released today. asked whether