steve forbes is back.s about potential investment opportunities in real time. fidelity. open an account today. connell: breaking news. nissan's chief performance officer, a gentleman named jose munoz, just announced a resignation. resigning march the 1st. major shake-up at the company since arrest of carlos ghosn, the chairman. he went on a leave of absence a week ago. a close ally of ghosn at nissan. we're bringing the story. he had direct oversight of the china operations for nissan as well. now this. >> brothers and sisters, there is plenty of money in the world. there is plenty of money in this city. it's just in the wrong hands. melissa: that is amazing for once i couldn't agree with him more. new york mayor de blasio not holding back about his desire to redistribute wealth. steve forbes is back with us, along with ford o'connell, civic forum pac chair and republican strategist. ford, i couldn't agree with him more. there is plenty of money in this city and it is in the wrong hands, his. my taxes have

here is steve forbes, forbes media chairman. ere talking, steve, earlier in the show, already about his comments on interest rates. let me ask you about his reaction or answer if he was asked if he was would rye sign if the president asked him. basically what he had to say? >> that is what he had to say. the p wanted him out, willing to go to war on it. he would be out. harry truman did that twice with his federal reserve chairman. the fed is a agency of congress. a political agency. they try to pretend it was put in the original constitution. connell: you don't think in this modern day with all the focus on the independent federal reserve the fed chairman could with stand a president that wanted him out? >> if the president wanted him out, roesch remember the treasury by law set is dollar policy, not the federal reserve. treasury department, executive branch, will reform, guarantying future independence, but if you wanted him ultimately out, willing to spend political capital, out. connell: you're not predicting that at all. >>

bring in steve forbes to discuss all this, forbes media chairman. talked about, steve, and with you and others for the last few weeks, what the impact of all this will be. it went on for 35 days. 800,000 people missed a couple of paychecks. we know it had impact on them. in terms of broader macroeconomic impact, should we get that back now? >> in terms of yes, in terms of the broader economy. finally broke the back and republicans started to retreat from the president what was happening at airports. connell: right. that looked, you know, it was on television, and it was all over the place, that other people decides the 800,000, not to minimize impact on them, but overall other people hadn't felt it. now they saw it today. so the president gave in here, right, is there any other way to characterize it? >> no, sadly and generals find out if your army is not with you, you have got a problem. he was being deserted by members of his own party in the senate and the house. they were feeling the heat on it. and so he had to make the best of a bad situation.

i want to bring a brown person of the person group and steve forbes beard we all know steve forbes mediad as excessive volatility going on. what does it mean to you with respect to the message of the marketing and the economy appeared >> what it means is very simple and that is the concern about trade that tipping apple. because people are not going to invest until they know what the rules are appeared to march 1st deadline is looming. there's nice talk were going to get a deal that people are now at a point that soothing talk doesn't work. they want to see and use to say show us to be feared what are the details? charles: what are your thoughts? >> i agree with steve beard show me the money. china is having a big impact not only because wanted means long-term because of the trade between the countries but ceos around the country are uncertain about what the landscape looks in the future appeared on top of that the fed raising interest rates, brexit and of course canary in the coal mine. companies warning that haven't warned in 15 years. the previous person and not gary talking about the

. >> edward, steve forbes here. how long are the democrats going to feel -- pelosi and schumer feel that they can actually make a deal satisfying the base that they did everything they could to resist the wall? when are they going to say the dance has to stop? and conversely, are republicans going to shake? i mean they had that meeting today, but several republican senators are indicating they may get wobbly as margaret thatcher said. >> yeah, you know, it is interesting, the republicans first senator murkowski from alaska came out and said that we're starting to feel the pain. you know, showing signs possibly of a -- there, but then she said she's willing to stick with republicans and the administration on this, see this through. that question has been asked, what is the threshold for both republicans and democrats where this just becomes too uncomfortable for their base? it does seem nancy pelosi says they are dug in. they are ready to go. when asked that question, they turned it around on the administration sayin

lindsey bell, former republican presidential candidate, steve forbes, fox news contributor and former economic advisor to president obama, robert wolf, welcome one and all. you want to get to it, you ready to get to it, talk about the shutdown and who is to blame? >> the focus is on the shutdown. but the real focus should be on whether we're going to get that chinese deal which i think we will get something in the next couple months. if we don't, it's going to be trouble for the economy and the global economy. the shutdown, he will declare an emergency and it will go to the courts and then the he question will be how many republican senators are going to defect and try to come up with something around the white house. dagen: hold that thought. hold that thought. that's our top story, shutdown and the showdown, the white house directing the army corps of engineers to see if it can divert money from disaster relief to fund a southern border wall, as the president decides whether to declare a national emergency to pay for the wall. the commander in chief was at the border yesterday and a

look, i want steve forbes who i just love - steve, do you agree that were in a deflationary environmentou look at what happening with the price of the commodities? we defined what the fed did before christmas? >> that should - you mentioned commodity standard and you're trying to get around the fact you're advocating the gold standard. >> i knew you would say that. >> the only difference you and i have, steve, i like using a basket of commodities. >> why not use the best one of them all? >> that's when the deflation w was. >> that is myth. david: steve, thank you for coming in. best of luck to you. happy new year. trouble for tesla as tax rebates are now being phased out. can electric cars survive without taxpayer subsidies? comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of whic

joining me steve forbes, chairman of forbes media and inspired new pbs documentary, in money we trusti can't wait to see that, steve. i love your books. i sigh dollar index go up and stocks go down because i know you believe the dollar should be strong. how do we reconcile that inverse relationship sometimes? >> the documentary underscores is you need stable money, not unstable money that goes up and down like a yo-yo. when the dollar is weak or overly strong, you get less prosperity. you also get something we hit in the documentary, you get social unrest. the wall street, occupy wall street movement. people don't understand, why aren't we moving ahead? why are speculators doing better than people doing an honest day's work? stable money doesn't guarranty prosperity, charles, but unstable money guaranties we won't get the prosperity we deserve and need. charles: so the dollar can get a little too strong vis-a-vis stocks? >> absolutely you want stability. you don't want inflation or deflation. you might say you want flation. charles: where should the fed come in that equation? should t

steve forbes, thank you coming up, we bring you the president's case for border security and the wallouse of public leaders are set to head to our cameras after wrapping up a briefing with vice president pence but this is a jampacked hour, stay with us. don't go away. printing ♪ ♪ i switched to liberty mutual because they let me customize my insurance, and as a fitness junkie, i customize everything. like my bike and my calves. liberty mutual customizes your car insurance so you only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ amazon prime video so when you say words like... show me best of prime video into this... you'll see awesome stuff like this. discover prime originals like the emmy-winning the marvelous mrs. maisel... tom clancy's jack ryan... and the man in the high castle. all in the same place as your live tv. its all included with your amazon prime membership. that's how xfinity makes tv... simple. easy. awesome. liz: breaking news. we are waiting for the leadership about to head to the cameras after a meeting with vice president pence. let's get to the p

if he catches on he should keep going. >> steve - >> by the way, i suspended my ties to forbes when i legally. so there was no connection when i was in the race. >> no conflict of interest at that point steve -- >> i admire steve for that. >> we should and we do steve, your take on what centrist republicans would think if there was this middle way option, assuming the democratic nomination goes to somebody that's not palatable to republicans, further to the left do you think centrist republicans look at the cent er candidate? >> it depends. trump has another year and a half, the president, to define the agenda for the 2020 race what if he comes up with something like the flat tax? what if he comes up with a - >> that's your idea. >> keep pushing it but what if he comes up with a trillion-dollar trade deal with china? huge breakthrough. i'm old enough when nixon had a great breakthrough with china. he could have won it without watergate and depends on what the president does in terms of agenda and people's feelings about the economy when 2020 rolls around. >> would you rather have a bu

. >> reporter: steve forbes is tht manager proper 21.nd back up a running. >> they've been here for like two hours. they're cool. >> reporter: business was down during the♪hutdown. ♪ ♪ >> check on this. whenever people are worried about financial, they cut out the nonessentials fit, right and being a bar, obviously drinking is not essential. >>eporter: news of the re-opening is welcomed at the lincoln memorial. ashton is viting from texas. >> i think it's great. i think it's great. >> i know folks are a lot of folks haven't -- they didn't realize that this was going to happen. >> reporter: these cabbies told me they hope business picks up. ♪ >> reporter: and back at prop 21 foeshs hopes to see mede furlouovernment employees soon. >> so just people knowing their paychecks should be coming next ek, it's going to bring people out of their house. >> reporter: indeedd that's g news. back out here at the l2 lounge. furlghed workers tel me they look forward to getting paid. live in georgetown, i'm shomari stone, news 4. >> all right. thank you,

joining us this morning, dagen mcdowell, steve forbes and matt murray with us this morning.us. a lot going on this morning. we have jp morgan numbers. we knew capital markets would be under pressure. we're hearing more about fixed income this morning. >> jp morgan's miss was steady across the board in all areas and a big surprise, particularly after your interview with jamie last week where he seemed upbeat. i think they're having a conference call right now unpacking the details, becoming clearer that the volatility in december was a meaningful event for one thing on the trade front, tax cuts impacted the last quarter that the big banks will feel it. so it's a nervous signal for goldman, morgan stanley, the other banks to report. maria: and we're going to get those this week. >> yeah. dagen: quarterly fixed income revenue was $1.9 billion, down 16%. 18% decline excluding the impact of the tax cuts. so again, double digit decline there. fixed income revenue. maria: these are the fourth quarter numbers. the bank reporting a miss on earnings per share at $1.98, managed revenue

steve that wasn't very interesting. [laughter] [applause] >> thank you so much. thank you. [applause] >> thank you very much to both mr. forbesnd mr. sands. thank you for being here, steve. you've always been an incredibly generous supporter of students for liberty in terms of supporting us and appearing at our events, and we can't thank you enough. and thank you to david and the washington times for helping put this together. that was definitely interesting, so one more round of amaze for our guests. [applause] >> okay. so that concludes our preconference programming. our main programming will start at 6:30 sharp, so please be in the main conference space at 6:30. i know some people were looking for food. there is a food cart on the main level. if you're looking for any types of snacks. and there will also be food served at the social after our main content. so if anyone likes tacos, or we'll have tacos and plenty of alcohol to go around. thank you. [inaudible conversations] [inaudible conversations] >> the 46th annual march for life rally was held here in washington today. the march protests both the practice and legality o

expecting to hear from publishing executive and former republican presidential candidate steve forbes during their meeting today. this first discussion, though, on the nanny state. >> thank you for the opportunity to be here. it's great to once again be at another liberty con and see so many people passionate about the idea of free market, small government, individual liberties.

you'll hear from publishing executive and former republican presidential candidate steve forbes. we'll have live coverage at 1 p.m. eastern, follow on krf c-span.org and the c-span radio app. live super bowl sunday noon eastern, author and sports writer is our guest on in depth. author of many books, including, "what's my name fool", "game over, how politics turned the sports world upsi upsidedown", and "last man standing". we need to reclaim them and take sports back. what we need to do, know our history. that's our greatest ammunition this this fight. the history of the athletes, the sports writers and the fans who have stood up to the machine. if for so other reason than knowing this history, i think allows us to look at the world and see that struggle can effect every aspect of life in this system, even the swoosh-adorned ivory tower known as sports. >> join our conversation with zirin, with questions on book tv's in depth on c-span2. >> former white house counsel don mcgann kicked off a conference on the trump's deregulation of health care. here he opens the american bankrup

lindsey bell, former republican presidential candidate, steve forbes, fox news contributor and formerbert wolf, welcome one and all. you want to get to it, you ready to get to it, talk about the shutdown and who is to blame? >> the focus is on the shutdown. but the real focus

you get people with personal accounts, personal choice, i sound like steve forbes here, that's going problem. david: you have another 50 years before you have to worry about it. scott. thanks, gang. >>> wage equality today, alexandria ocasio kor tez -- cortez is making a suggestion of her own. that's coming next. pain and stiffness and helps stop the progression of joint damage. for people with moderate to severe psoriasis, 90% saw significant improvement. taltz even gives you a chance .. can happen with taltz, including worsening of symptoms. serious allergic reactions can occur. for all the things that move you. ask your doctor about taltz. our grandparents checked zero times a day. times change. eyes haven't. that's why there's ocuvite. screen light... sunlight... longer hours... eyes today are stressed. but ocuvite has vital nutrients... ...to help protect them. ocuvite. eye nutrition for today. (vo) ♪ here's a question. was it necessary to create a luxury car more teched out than silicon valley? with a cockpit fit for aspaceship. hang on. radar that senses things the human eye c

. >> steve forbes here. what are the one or two things that would win over reluctant members of the conservative party such as the ability of britain to negotiate its own trade deal outside of the european union, or the irish border? what are two things that could bring over enough votes where she could have a chance to get something through this parliament? reporter: i think -- i don't think on the conservative side to the right there's anything she can do at this point. what they want, you know this, is to just drop out entirely, cut all ties immediately, start operating under wto rules. they say that look, yes, there will be short-term pain but we will figure it out, everyone will want to trade with us and we will do just fine in the long term. i don't think anyone in that group likes what she has suggested now. they believe it's a soft brexit, still too many ties, but if the prime minister does give them what they want, there's no way the majority of parliament would agree to even more anti-eu if you lik

was forbes' magazine hurt by steve forbes' run for the presidency? was perot's -- it was?ember. david: it was a cash drain, to answer your question. quickly. >> okay. all right. well, i don't see, to the panel's point, i don't see it having an impact on starbucks stock. schultz's policies are shaking up the political landscape and i think for the better. >> me, too. >> look, i agree with the panel basically. this is like a new year's resolution. even if you're a solid blue democrat and hate schultz because he's going to ruin the chances of harris or whoever, biden, whoever else they put up to win, it's going to last about a week, then look, if you have already chosen to go to pete's, you will go there anyway. if starbucks is on your way to work, you will say i might as well stop in and buy a starbucks. look, this is not going to change one iota. i applaud schultz for running but the other thing is that a lot of what we're talking about here, quite frankly, to the average starbucks consumer out there, is inside baseball. unless you are reading eugene robinson's opinion colu

. >> congressman, steve forbes here.that address the other day, but with daca he only talked about three years. why doesn't he just go the whole distance and say they can have complete legalization, throw h 1 b visas on the table? the tunnel across the hudson, access to the capital of the world, new york, and put something -- bold things like that on the table and say the democrats stand in the way, the base may not be too happy, but by golly the country would be behind him saying this solves it. it would be a big deal. why doesn't he go the whole distance, the president, put her in a corner? talking about pelosi. >> yeah, i mean, that's a good point, steve. in fact my staff and i were having that very conversation on the way over here. of course he is going to lose some of the base as he does that, but, you know, he's a business owner. he's a construction man. and he's looking at an end goal, i think, which is from where we are, what is not just the policy, there's the politics. i think nancy is playing politics. he's b

we'll hear from steve "forbes." live coverage begins at 1:00 on c-span 3, online at c-span.org. >>> negotiations to reopen the federal government remain at an impasse as the shutdown enters its 28th day on this friday. yesterday, the house passed a measure that would have funded the government through february 28th. that was vacated after a republican said the request for a recorded vote was not recognized. president trump sent a letter to house speaker, nancy pelosi telling her he postponed her trip to brussels, egypt and afghanistan by cancelling military transport. he suggested she stay in washington to discuss the shutdown. this is a day after pelosi asked the president to submit his address in writing. over 100 new members joined the house or senate for the 116th congress. indiana voters elected republican mike braun to the senate. he owns a company that manufactures and distributes parts for trucks. voters in the sixth district sent the vice president's brother, greg pence to the house. he owns two antique mal

forbs media chairman steve forbes will be here. what do you think? >> we have heard it before. in addition to china buying more stuff from us, is access to the chinese market. not just promise of access, but in the past, when they allowed access they horribled our companies with regulations and capital requirements and the like so what the chinese have to come up with, and i think they will, is this time if you're allowed in china you will not be horribled unnecessarily or unfairly as been the case in the past. that's the key. that's the key negotiating item. neil: how do you do the ronald reagan thing, trust but verify? how do you monitor that to make sure they're delivering the goods because they have hoodwinked republican and democratic presidents alike over these many decades? how do we know they will stick to whatever they are on the verge of announcing? >> this time we're taking it seriously. in the past we did not do surveys and following through on information about unfair practices. i hope this time too, we enlist the europeans and others who trade in china who also ha

steve forbes, fantastic. the crew was great. neil, market struggling but off the lows of the day. neil: all right, my friend. by the way i love your passion around the ism number, just quick update. it is an ism number. [laughter]. all right. might have been a fluke. you got to have to chill here,. charles: you got it. neil: one things we love about you. the passion runs through. don't get me started on that ism number. welcome, everybody, i am neil cavuto after my buddy charles payne. we have a lot of concerns about the market, apple, fears of a slowdown, manufacturing the sector recording its biggest drop in 10 years back to two-year lows and all of this as the new congress is gaveling to order. it will be a democratic house right now. in the next couple of hours, likely, democrats will rally around when nancy pelosi to be their leader. it would be a very crowning achievement for her. first time since former speaker sam rayburn returned to pick up the baton from his old job. that was back in 1955. i remember covering that day like it was yesterday. not really. anyway, this gover

forbes. if there is no preu prenup. mcken. >> mckenzie bezos could be heen. lauren: i think of steve wynn and what happened in that divorce. the former nissan motor chairman, carlos ghosn, is expected to be indicted again in japan. cheryl: again. tracee carrasco has that story. unbelievable, tracee. >> reporter: goo.tracee: japans plan to indict ghosn on two more charges of financial misconduct, very soon. ghosn who has been detained since his arrest in november is likely to be formally charged with aggravated breach of trust for temporarily transferring personal investment losses to nissan in 2008 as well as for understating his pay for three years. cheryl: which are things he was charged with before. it's like he's adding to the initial indictment. they just want to keep him in jail. that's incredible. a last ditch effort to save sears, where are we? tracee: sears reportedly received a last minute offer yesterday that could save the retailer from liquidation. reuters is reporting that chairman eddie lampert's hedge fund came through with a revised version of his proposal to acquire about 425 stores and keep 50,000 people