steve herman, just outside washington.he world and now shah rukh khan can also boast an honorary doctorate from the university of law in london. it's to honour his work in philanthropy. in an exclusive interview with the bbc, the star says gender inequality in india is narrowing and that he's seen a positive change in the film industry since the me too movement began. bbc asian network's shabnam mahmood reports. known as the king of bollywood, shah rukh khan is one of indian cinema's biggest stars and one of the highest—paid actors in the world. more used to receiving film awards, he's now being given an honorary doctorate for his work in philanthropy. thank you very much. genuinely, i want to live to be 100 years so that i can... now i'm 50. ..i can dedicate the next 50 years doing something worthwhile. and, you know, when i meet people around the world, i meet some youngsters, some old people, they will turn around and they say, "you know what, yourfilms make us happy." and that is very encouraging but i want to make peo

andy, watching what herman cain is going through and maybe steve moore to a lesser degree, is it becauseyalties or what? >> look, clearly the crime that herman and steve committed is they support the president of the united states. this is the problem that we have. it would be wonderful to have a couple of businessmen on the federal reserve. the federal reserve botched the interest rate increase last year, hurt gdp growth, drove our exports down. it would be good to have common spence experience on the board. it's all because they support president trump. >> in herman cain's case, it's about allegations of a woman that claims he harassed her. some of the issues with steve moore, he's been inconsistent on policy. but they are both seen as like very anti-fed-type people. i'm wondering if part of what you're saying is right that this bull in a china shop approach that the president likes these people at institutions. while it may be a good idea, they're strongly resisted as were you. >> the problem with the federal reserve board is different than what i faced. the unions didn't want me anyw

he wants to put two guys in there, steve moore, herman cain.nt out these are somewhat unconventional selections. why is that? trump wants to be a disrupter. he's not putting people in there from the economic globalist policy establishment. he's putting a businessman, herman cain, stephen moore. served as chairman of the kansas city fed way back when but he's maybe known as ceo of godfather's pizza. steve moore, little different. a polemicist. editorial writer. worked at the heritage foundation. one of the authors of trump's tax plan. not considered part of the crew. that started out the resistance. the resistance doubled down on some personal stuff. herman cain allegations of sexual misconduct. liz: cain in this hour yesterday said he's not going to back out of his nomination. >> he has denied those. steve moore, you know, stuff about taxes, just doesn't look good. here's what we know. liz: let's stop for people who don't know. >> he didn't pay taxes or there's a tax lien on him. it has something to do with child support. i'm going to do a stor

coming up next, the latest on president trump's pick for the grownard as doubts about herman cain and stevethis is bloomberg. ♪ haidi shery: i'm shery ahn in nw york. haidi: i'm haidi stroud-watts in sydney. let's take a look at we're watching as trading gets underway midweek with adam haigh. the aussie dollar has been strengthening of the last month and now we have a call from goldman sachs saying on the back of the stabilization story in china, keeping your bets on the aussie. adam: we have seen a little bit of a resurgence in the aussie. we have reached a point where some of the short bets against the all the have gone pretty extreme and it is hard to find people betting on any upside. when you are hearing from the folks at goldman sachs, the fx strategy team, basically go along aussie against some of these other crosses like the new zealand dollar, canadian dollar and south african. this is a trade that does not give you some of the idiosyncrasies you would get if you are trading to electric -- directly with the chinese wanyu. it helps to cushion against upside risk from things like pot

. >> neil: if you had a choice between steve moore and herman cain, two rejections would be a bit muchit your sense it's steve moore who survives this? >> i can't make that prediction. i will wait for these individuals to go through the confirmation process and provide the committees with the information, go through the hearings and make our determination. >> neil: i threw a lot at you. just wanted an update. good talking to you. >> have a great day. >> neil: forget worries about the government spying on you. what about alexa listening to you? ♪ i think i found my dream car. it turns out they want me to start next month. she can stay with you to finish her senior year? of course she can! [ laughter ] [ groaning ] hey! want to drive? really? [ engine revs ] do you think we can do this, rob? things will be tight, but we can make this work. that's great. ♪ [ laughing ] okay... here we go. now... [ gasps ] wait... grandpa, what about your dream car? this is my dream now. [ laughs ] ♪ principle. we can help you plan for that. to be nobody but yourself in a world which is doing it's best to

herman cain ran a pizza business which is a serious business. i don't want all pizza business leaders in there, i really don't. i think the two views here by steve moore and herman cain are great contributions to this board. it in no way detracts from the rest of the board members. their academics, i'm a yale graduate, they're fine, fine people and deserve to be on the board, and so do herman cain and steve moore, they just provide diversity of views and they get along with people as well. they're not going to sit there and have a revolution going on and doing all that, they're going to work it out with them and have the arguments and discussions, and come up with a lot better policy for the country. >> good debate guys, thank you boeing still plagued by the safety issues over the 737 max 8 claims we will discuss coming up. >>> disney investors gathering this afternoon for a special preview of the dneisy plus service. a live report straight ahead my ideal cloud? it has to work like air traffic control. it's gotta let new data integrate with data from our existing systems. ♪ ♪ be able to pull from reservation platforms built 20 years ago. and als

connell: it is interesting the two guys being steve moore and then herman cain.cal backgrounds and issues in terms of confirmation for both and personal history and herman cain's past that got him out of the 2012 race for president, could certainly come back up at a confirmation hearing, accused of sexual harassment and the like. to the point of the federal reserve, critics of the president will say this is supposed to be an apolitical organization and you are going in the opposite direction. is it smart, do you think? >> well, i think he's picking who he thinks will serve well, you know, in that role. you know, certainly both herman and steve, you know, pro-free enterprise type of guys and you know, on the issues in terms of pro-growth policies, very favorable, you know, in that light. though you know, there's two openings here, you know the president, you know, can, you know, obviously is picking who he thinks will fill those roles and be most competent in those roles, and you know, we'll see what happens. connell: we'll see if they get through. the other issue

economic council director, larry kudlow calling criticism of president trump's plans to appoint steve moore and hermanas every right to put people on the federal reserve board with a different point of view. you don't have to rush pell-mell into tightening policy and raising rates just because the economy is growing. deirdre: joining me to discuss national taxpayer union senior fellow mattie duppler. thank you so much for the time. quick question, the fed all but said we're on hold for the rest of the year. the fed did say that, but what are the chances of a rate cut? >> this year will be a little bit different after the hand-wringing last year will they or won't they raise rates? every good bit of economic news that we to the was met by market anxiety that would induce the fed to raise rates. after the march meeting, the story was a little bit different. the fed emphasized patience in the phase of economic data. expectations on fed hikes has been cut quite a bit. there are some expectations there could be a another cut before there's a hike in the coming year. right now we're looking at one fed rate

the question was whether or not the president is sending a signal to the fed by putting up steve moore and herman cain. you heard the president respond there. he said no, that he is not and he went on to tout herman cain, who the president confirmed in that pool spray with the chinese delegation that is there to discuss trade issues that indeed, he has put forward herman cain for the last open spot on the federal reserve board of governors so there is a clearance process that needs to take place, so that is still a long way down the line. as it relates to what we just heard from president trump, you heard from most of us there. the headline being i think that the president says within four weeks or so, he thinks they will know whether or not they have a trade deal. the president also saying he's not certain whether or not there will be a meeting with president xi because he's not certain whether or not there will be a deal but if there is a deal, it would even take two weeks after that, he believes, to put it all on to paper. the bottom line here is while there is still some optimism, while the p

herman cain and steve moore, both in it to win it, that is get appointments to the federal reserve althoughn herman cain's case, increasingly doubtful. he will be my guest at 4:00 p.m. on fox news to discuss that. just as steve moore, he's saying he's in this all the way, very confident he will survive a vote. charlie gasparino on what he's hearing about these two crucial appointments. what do you hear? >> this is per the fed board. by the way, not as crucial as you think. the fed could basically do its job without filling these seats. just keep that in the back of your mind as this thing gets contentious. neil: first time in history we have not had all 12 members. >> absolutely. here's what we know. the administration officials are pressing the senate gop and the banking committee members to try to get these two through, or at least gauge the sentiment about their ability to pass, as of now. who knows a week from now. but as of now, here's what the sentiment is being relayed back to the trump administration. that there's almost no support for cain, little support. you can ask herman about

>> herman: right. what steve i do not know is how committed are they to this professor standard and the professor standard uses wage growth to determine if they need to try to call inflation. we don't know because we are not on the inside of the discussions whether or not there are other alternatives that are better predictive of not cooling the prosperity, commodity indexes, commodity prices. maybe we should be looking at that. now, maybe the fed is looking at that, but we don't know. i'm not going there to do any bidding for anybody other than the american people in this economy. because i understand that cascading effects of a movement by the fed to the banks, to the lenders, to the automobile people who need loans, house loans, et cetera. so i'm keeping all of that in mind, but not in something that i highly respect. >> neil: let me get your take on continuing the fight with the fed to come an uphill battle but have you talked to the president about it? or talk to any of his people, you know, pack it up or ke

not bad. >>> president trump has nominated steve moore and herman cain to be federal reserve board membersd? our good friend, ron paul, the former texas congressman. good morning to you, mr. paul. >> hi, ashley. ashley: i believe, i think you have said this it is a myth to believe that the fed is not politicized, would you agree with that? >> oh, absolutely. anybody who pretends is pretending. trump is a little more blunt on what he does. he is out in front. he makes it political he talked about it. yes, it is a very political group. even now you hear choruses from the members of congress, oh, we don't like what he is doing. we think the fed should be independent. i think that is just talk. i think it always been political and always will be. ashley: certainly going back in time, you can point to that with appointments going all the way back to nixon, right? >> right. nixon i think, nixon, one of the members once said we have to do what the president tells us or we'll lose our independence. that is about it. but trump is out in the front. everybody knows what he says. so ebb, oh, looks lik

that. >> thank you respondents to the survey taken over the weekend and generally believe steve moore and herman be confirmed by the senate but that they should not be so, we asked, will the senate approve? 51% said yes for moore, 19% no 49% said yes for cain, 28% no. but going on to the issue of should the senate approve them, 34% said yes for moore, 60% said no 40% said yes for cain, 53% said no kathy bostjancic, economist from oxford not mincing words, saying "both moore and cain are highly unconventional and politically biased choices and if confirmed would be very disruptive." you could answer more than once on this. 72% said cain is too political 79% said that of moore and personal issues, 56%-46% and not qualified, 76% said cain and 71% said moore strategists think the president's criticisms of the fed along with these nominations are reducing the fed's central bank's independence. 47% said yes 45% said no effect still, 65% say the president's comments will have little effect on monetary policy, but that's down, by the way, from 3% in november 22% say they will hike -- said these comments

>> you know, the president is picking herman cane and steve moore, no disrespect to steve moore who iolleague of ours here at cnn, and a good, conservative pundit. >> former colleague, not anymore. >> former colleague. but in economic circles he's not someone, and nor is herman cane, these are not people who are considered worthy of the federal reserve, let's just be honest. look at some of the other people in the administration. so he picks barr and everyone's like, oh, thank god, all right this guy at least was in the justice department once before. so, you know, we're grading on a curve here, right? >> yeah. >> i think that's why there was a lot of relief but that hearing this week it suggested, you know i've been a little -- i've been a little less critical of barr than some other people. i've tried to give him the benefit of the doubt but that hearing, we started to see some glimpses. and just you start to think -- >> where did that get you? benefit of the doubt. >> using a loaded political term like spying to describe a fisa warrant, that's where you veer from the attorney gener

steve moore an herman cain balances it out. two political supporters. by the way, everyone herman cain is on this program tomorrow morning. ashley: excellent. stuart: connell mcshane is in for neil. connell: you put the news out there a little self-promotion for tomorrow. stuart: self-promotion we're very big on that. connell: nothing wrong with that stuart, great show as always. welcome to "cavuto: coast to coast." a lot going on. a lot is in washington. connell mcshane in for neil. we'll start at white house where president trump is meeting with the opportunity and revitalization council. we'll keep an eye on that. kind of first two big meetings. we'll bring you any news that comes out of it but i have to say our top story involves that second meeting hopes of a trade deal. the hopes for a summit possibly between president trump and chinese president xi xinping. first the president will in the oval office later this afternoon welcome in the chinese vice premier, the head trade negotiator side of things. that person you're looking at liu he, earlier cl

so far the president floated two names, herman cain and steve moore, a little bit on hermian cain forute. heritage foundation steve, appreciate it. you wrote the book, trumponomics, first plan to revive the economy. during your book tour, you were emphatic in your support for the president's economic policies, you said that things were good, now he's saying, well, the fed has done something wrong, how are things so good if the fed was screwing it up so badly? >> look, leland, i was fortunate enough to work in presidential campaign. we got data point on wednesday or thursday of last week, the lowest number of americans signing up for unemployment insurance -- very healthy economy. by the way, people -- this is one of the controversies of my plan. leland: the part of the answer which is a long one that you may not necessarily agree with the president's tweet there? >> you know, there's elements i do agree with. if you go back to summer of 2018, last summer the economy was growing at 4%, we had full employment, rising wages and no inflation. beautiful picture for an economy and the fed s

herman cain. is steve moore looking more likely? he's my special guest tomorrow among others. "the five" is next. >> dana: i'm dana perino. along with jesse watters, emily compag no, greg gutfield and geraldo rivera. that's our theme song. "it's 5:00 somewhere." remember when we started and people said they started happy hour early because of our show? it's my day to d.j. so you're going to love it. our topic. ilhan omar is not backing down from the controversy over these comments about the 9/11 terror attacks. >> here is the truth. far too long we have lived with the discomfort of being a second-class citizen, and frankly, i'm tired of it, and every single muslim in this country should be tired of it. cair was founded after 9/11 because they recognized that some people did something, and that all of us were starting to lose access to our civil liberties. >> dana: freshman democratic lawmakers now rushing to omar's defense. ocasio cort had-cortez. >> printing on the front page around new york city after this incredibly upsetting and triggering for new yorkers that were actuall

president trump nominated steve moore, herman cain to the federal reserve board.wo out of 12 votes. how much can they shape policy? >> other than the chairman of the fed, the members of the fed don't have a lot of power unless they have a full majority. if there are two members politically motivated i agree with you. that is not going to be able to shift the direction of the fed in any dramatic fashion. you know, presidents over time have tried to affect the fed. they try to affect every agency of the government. and, you know, steve moore came out, wrote a piece in the "wall street journal." said he wanted to cut interest rates. that appeals to the president who doesn't want higher interest rates to hurt the economy. i would argue to all of them the fed is not tight. 2.4% interest rates in an economy that is growing, remember we have to compare it to nominal growth because that's real. say we have 3% real growth but 2% inflation, that is 5% growth in the economy, interest rates need to be a lot higher before the fed is tight. ashley: right. >> plus, there is stil

herman cain. is steve moore looking more likely? he's my special guest tomorrow among others.na: i'm dana perino. along with jesse watters, emily compag no, greg gutfield and geraldo rivera. that's our theme song. "it's 5:00 somewhere." remember when we started and people said they started happy hour early because of our show? it's my day to d.j. so

. >> some think he's doing that already with herman cain and steve moore. >> those guys are not going to get confirmed. i won't eat this camera or a hat, but i do think that's going to be a very long shot keep thinking about this when you are driving on a highway, the shortest distance between two points also has construction between those two points and i think this is what's going on here. he's building a case of what he wants the fed to look like longer term. i don't think he really, and his staff, expect to have changes in the short term because, again, that would be cutting off your nose to spite your face. no one expects this psychele to go on. he's going to need the fed to ease longer term and he needs to get the people he needs in there and is setting up the process. i'd be personally very disappointed if moore and cain -- i don't disagree with cain's economics he's certainly a republican oriented business leader but neither of them has the right stuff to be a fed board governor and i think the senate willer iffet -- ferret this out >> it's not just the president saying you sh

i guess the news is that -- some of the news involves herman cain, donald trump's pick for herman cain and steveboard. dimon said that's not a good deal. i guess he wants more experienced people. that was pretty much a shot across the bow at president trump. he also mentioned he was thinking, clearly thinking about running for president. that's something we have covered and you know, every time i run that by jpmorgan's p.r. people in the past they would say don't take it too seriously but last night he confirmed he was thinking about it. it was something on his mind. he decided not to because he basically won't fit in any party. jamie is pretty much a moderate's moderate. he will criticize republicans, democrats, he's all over the place in terms of social and economic policies, in terms of left and right. he combines them all. he basically said he couldn't really win either major party's nomination. he did stick up for capitalism. i think that's clearly a big thing. one of the things that's missing from the debate over socialism and capitalism, as you have the extremes on both sides fighting it

first, herman cain and now steve moore.e're learning that opposition has been building to steve moore's nomination. and joni ernst is confirming that she's told reporters that she's unlikely to support moore. she can only afford to lose three republicans. if four are opposed and automatic democrats vote against him, hess toast. we'll keep you posted. jerry nadler putting william barr on notice, show up for our hearing or i'm going to subpoena you. with us, doug collins. what do you think of that? you think the attorney general should appear before that committee? should there be ground rules? >> it's amazing to me that the attorney general says he will come and talk about the mueller report or anything else that the democrats or republicans want to ask him and my chairman has found a way to sabotage that. he's trying to make it into a political side show in which he wants it to appear as an impeachment hearing. it's a sad day, neil, we can't have a simple hearing of oversight. >> neil: the attorney general already agreed th

when herman cain goes up against the senate democrats in senate banking he is charming, folk ski, funny. that would be high entertainment. ashley: there he is. stuart: he would balance it out. steveveryone herman cain is on this program tomorrow morning. ashley: excellent. stuart: connell mcshane is in for neil. connell: you put the news out there a little self-promotion for tomorrow. stuart: self-promotion we're very big on that. connell: nothing wrong with that stuart, great show as always. welcome to "cavuto: coast to coast." a lot going on. a lot is in washington. connell mcshane in for neil. we'll start at white house where president trump is meeting with the opportunity and revitalization council. we'll keep an eye on that. kind of first two big meetings. we'll bring you any news that comes out of it but i have to say our top story involves that second meeting hopes of a trade deal. the hopes for a summit possibly between president trump and

neil: steve, nancy pelosi said that you and herman cain you're ill-suited, in fact, dangerous for the you make of that? >> look, i think that nancy pelosi is worried about me because she doesn't agree with my economic ideas, but i'm happy to defend my economic ideas in front of nancy pelosi or any of the senate members. i'm looking forward to meeting with them. you've known me for a long time, neil. i'm a supplysider. and trump shares those views and that's one of the reasons i went to work for him. and the fed, i believe they can have 4% real economic growth with no inflation and high employment. and the fed every time we get economic growth, they think oh, my god, we can't have economic growth, we've got to pull back on the money supply. that's a flawed concept. we have rates of 6 and 7% growth under ronald reagan, and john f kid. kennedy. the and this is one of my central themes, growth does not cause inflation. neil: and you talked about ronald reagan, only when paul voelker dramatically raising interest rates and made that environment possible, right? >> well, exactly right. what

he won't succeed getting herman kaine or steve moore confirmed, so you will have a tradition of an unpolitical fed. preserve opm, civil service department of justice more or , less, rules and regulations. a second term of trump would be a totally different ball game. then you are on the road, conceivably to the latin america type politicization of all agencies, whatever you think of the current set of structures and procedures and norms, which are complicated and could use some reform, i am sure. a lot of them were put in place decades ago. right now, you can't fix them, you just need to defend them. this is not the moment to have your own fancy opm reform agenda. in my opinion, i think nancy pelosi understands this perfectly well, this is the moment to say we cannot polici we need to protect department of justice, rules and regulations, and more of that attitude. maybe in 2020 -- doesn't mean you couldn't have a big surge in 2021 with a new president who says, we have escaped the bad form of change, of disruption. here, you want change and the public is not satisfied with government, with pol

herman cain has not been officially nominated. steve moore has not been officially nominated. nation is not official. getting ducks in a row. let's wait. if you look at the math it is not good for herman cain. you have to ask whether the nomination goes forward. when i asked the president over here on the south lawn, he said herman will make at that determination. left wiggle room over there. putting it on the plate of herman cain. connell: important distinction. there is no nomination to withdraw because there has not been a nomination yet. melissa mentioned earlier president moon from south korea was here. they went through some of the issues they talked about, one of the things came out to the pool spray when the president spoke to reporters, comments about quote-unquote spying on the campaign. reporter: spying is the big word. that is the word attorney general bill barr used up on capitol hill testifying. i think there was spying. here is the distinction between the attorney general and president. the attorney general thought there was spying the question is was it illegal

steve. >> good morning. some on wall street blasting president trump's intentions to nominate steven moore and herman cain to board of governors some saying the senate should not confirm either man and many saying both are unqualified. 34% say they should, 49% say herman cain will be approved by the senate only 40% say the senate should confirm herman cain. donald lusk at tread macro says it is entirely appropriate more than 70% say both with too political. more than 70% say both are not qualified. and moving on, the 48 respondents, they include fund managers, economists, strategists, who think the president's criticism of the fed with his nominations of moore and kai and cain are reducing independence 56% s 65% say the president will have little effect on monetary policy 22% say they'll make rate hikes let likely up from 14% some think the president should not be commenting on monetary policy, that percentage is declining. maybe they're getting accustomed to this, 3883% thought it was inappropriate to 61% now. >> just to clear something up, a lot of people will say, steve, all the nominees and previous admi

steve moore is campan contributor for growth he organized. herman cain ran for president.hink he wants loyalists. he doesents seem feel he wants to respect the politndal indece of the fed, he wants people in this job to do what he wants. >> as a devil'sdvocate, doesn't every present want a healthy economy? eow much difference does it mak if the fed becomes more partisan. >> i think in general presidents want people who are confident and will do the right thing. they tend to appoint people mor sympathetic to him. president obama tended to appoint democrats, for insnc but i think in this case, these two men aren't, frankly, serious think,. they're more tv talk show commentators on the economy and i thksk that risndermining the credibility of the fed. it's quite a contrast to the president's previous appointments to the fed who are people who wmp at the present time and could have been appointed by any republican president. >> do you think those two men will make it under the fed and, longer term, what do you think that doto fed's reputation? >> i don't know if they will .ake

aye known -- i've known herman and steve for a long time.ether they want to sell that thing. they deserve the respect that every other nominee gets where they get privacy right now. maria: of course, we are also waiting as the president works to u.s.-china trade deal, the president wrapped up meetings with chinese top negotiator last week, how important would a trade be for the economy and growth in the u.s., kevin? >> i think it would be a great -- potentially big positive and a big positive for equity markets as well because really one of the things that's in play is that if maria bartiromo incorporated wants to sell in china, they might make you have partner over there that takes half of your profits, if we open with no conditions, no ip theft that's a big positive for u.s. markets, you know, of course, a lot of manufacturing will go to selling into chinese market. right now we sell a heck of a lot of stuff in china but most everything that our firm sell in china they make in china because they are extra incompetentive trade policies. i t

steve moore will succeed? >> it shouldn't matter the fact that herman cain was completely unqualified does not make stephen mooreny more qualified than he would be otherwise. i still believe he's supremely unqualified and i hope that the banking committee and the senate agrees. >> so what happens from here in terms of where this goes? >> well, the question is whether the -- whether he will be officially nominated. you know, besides the gold standard, he's -- he wanted the fed to hike interest rates at the beginning of the great recession. you know, he has some issues, i guess, with unpaid taxes and a lien. i'm not sure he's the best candidate. so whether the nomination becomes finalized still remains to be seen. but ultimately he would have to be vetted and confirmed through the senate banking committee. >> all right, congresswoman, i appreciate your time. thanks so much. >> thank you. >>> next, a federal judge takes on president trump and his attack on judges. >> when politicians attack the courts, it's dangerous, political and guilty of egregious overreach. you can hear the klan's lawyers. >>> plus jeanne read

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herman cane is out. it was made official this week. steve moore is he still in? if so, when will the president officially nominate him? >> let me say a couple things, steve moore is in. he continues to have the backing of the president and myself. he is in the process. you have to be vetted. the fbi and so forth has to go through everything. and then at that point, if it looks good, he will be formally nominated, sent up to the hill. the senate banking committee will go through their own vetting and voting process. i wish him luck. we stand completely behind him. i think he would give us a breath of fresh air on the fed. listen, david, you have never heard me say this. more people working and succeeding do not cause inflation. [laughter] >> if somebody on the fed can get up and say that every day, like a mantra, like the lord's prayer, this is the lord's economic growth prayer, okay, if they can do that, it would be a great service to the fed, and by the way, i think the fed is starting to move in that direction anyway. so we're still behind steve moore. david: b

what he has done by nominating herman cain, he's the one person who has given republican senators voting for stevenfall. you know what they found? toys. he was a kid who played with toys. literally. your thoughts on limited government. >> his organizing principal is winning. he is focusing on having a fed that is not good for the economy. >> who is the best to beat him? >> i don't know. i'm not answering that. >> thank you. up next, donald trump and french president emmanuel macron toured mount vernon, george washington's place and one of them knew a lot about the history. which leader of the country knew about it and which didn't know nothing? you are watching "hardball." nothing? you are watching "hardball." thanks for calling unitedhealthcare, mrs. murphy. hi, i need help getting an appointment with my podiatrist. how's wednesday at 2? i can't. dog agility. ñ. tuesday at 11? nope. robot cage match. how about the 28th at 3? done. with unitedhealthcare medicare advantage plans, including the only plans with the aarp name, there's so much to take advantage of. from scheduling appointments to findi

we have a market participant with steve and we want to ask you about this and welcome larry kudlow said herman cain spent some time and this isn't so much out of the box. >> i wouldn't say they're the most glorious appointments ever made, but, you know, they acquitted themselves adequately. but let's not kid ourselves. the fact that herman cain did sit on the board of the kansas city fed and successful businessman is not why trump plans to nominate him. trump plans to nominate him because he sees trump as a loyalist in a way that is supportive for trump's agenda and the same is true for steve moore. let's not get caught up in whether these people are the most qualified or least qualified people let's look at the reasons why they're being nominated. >> greg, is what he's doing a more transparent version of what we've seen past presidents do which is to nominate someone for reasons or is this a break from what we usually see? >> definitely a break from the post-1992 convention under bill clinton, george w. bush and barack obama, they nominated federal reserve appointees who were, yes, usually fr

nominating former presidential candidate and businessman hermen cane herman cain to a spot on the board and also nominating his adviser, and steven moore. is the nomination of these two likely potentially to erode the independents if it were to be confirmed? >> it could not be any more clear the feds do not believe he should be a federal institution subject to his own whims. the president talked about he wants the fed to stop raising rates, to basically construduct itself in a way that's fully aligned with his way of thinking. so that's why he put fro strotw loyalists and made name trying to support how much they agree with the president's ideology and put them on the fed. we have seen the president bashing his own nominated fed chair, jerome powell should not continue to raise rates. we did see those rate hikes stop. now we can't put two and two together and say that's why the fed dialed back on raising rates. but it does for the public make it very questionable as to whether or not the president is interfering with the fed and now that he wants to put these two loyalists on the board, it does raise the question whether whether

neil: that was steve moore, the president's candidate to serve on the federal reserve, as you know. his other candidate hermand down in the growing republicans saying you're not our cup of tea. he pulled himself from consideration and steve moore still up to fight and says the administration is still up to the fight with him. michelle, and jonas max ferris, and dan what do you think about this? >> i think as long as steven moore can count he will be okay. that's all this is about. it's about will he have enough senators to get him through. and unlike herman cain who early out of the box had four senators say it's a no-go, he was dead on arrival. neil: and all democrats would vote against him and then you can't lose more than three. >> and they will. so far no one has come out against steven moore so he's still in the game. larry kudlow says assuming he passes the fbi background check they're behind him 100%. neil: and i think there's a bigger issue here and that is putting people on the federal reserve who don't speak fed speak or typically federal reserve governor and-- >> i don't think it's typical because

. >>> president trump set to nominate herman cain for a seat on the federal reserve board, pending the clearing process. that process focused more on steve moore's skeletons than his qualifications. we'll have the latest announcement and a whole lot more on "making money." ♪ charles: breaking right now, a federal judge is about to hear oral arguments about whether tesla ceo elon musk should be held in contempt of court for violating an agreement with the sec. the securities & exchange commission saying musk violated the settlement terms having to get his tweets preapproved he posted this tweet you're looking at in february. kristina partsinevelos is outside of the courthouse with the latest. kristina? reporter: what we know right now is about 20 minutes ago musk showed up. there were two teslas, one black, one white pulled up. musk came out. we weren't sure whether he would show up or not. i got are right in. how he is feeling? does he think anything is going to happen? listen to his comments. >> i have great respect for the judges, the justice system. i think the judges in the american system are outstanding. reporter: sew says that res

it's a good question, but so far, even though herman cain was forced to pull out, no republican senator has come out against stephen moore and in some sense, steve moore is a very mainstream republican, he's not a serious economist. over years at heritage and the club for growth and the "wall street journal", he's be a strong proponent of the tax cuts and advancing the argument that protection of private property is the most important thing. that's what he meant by this wolves and sheep thing, if you have democracy people will vote to tax people who have wealth, to distribute it to people who don't have wealth. that is correct. but most people have come to regard democracy as central to the mean idea. and stephen moore does not and the suggestion is -- certainly if you look at the trend recently with republicans trying to slow down steps to advance voting rights and fraud, that opinion is shared within the republican party. >> and then there's the other issue in which both herman cain and stephen moore have expressed some affinity for returning to a gold standard. they hold views that are outside of the mainstream of conservative economic though

. >>> looks like herman cain's chances of going to the federal reserve board are dangling by a thread. what about stevee federal reserve has become the latest political battle ground. >> the left had their knives out for me. they realized they weren't going to defeat me on my ideas. charles: so they smeared you. >> they smeared me. ♪ ♪ ♪ i can do more to lower my a1c. because my body can still make its own insulin. and i take trulicity once a week to activate my body to release it, like it's supposed to. trulicity is not insulin. it starts acting in my body from the first dose and continues to work when i need it, 24/7. trulicity is an injection to improve blood sugar in adults with type 2 diabetes when used with diet and exercise. don't use it as the first medicine to treat diabetes, or if you have type 1 diabetes or diabetic ketoacidosis. don't take trulicity if you or your family have medullary thyroid cancer, you're allergic to trulicity, or have multiple endocrine neoplasia syndrome type 2. stop trulicity and call your doctor right away if you have symptoms of a serious allergic reaction, a lump o

days indicate that he wants to put steve moore, who is not an economist, but he's somebody who has been a -- an economic political actor on the republican side, and herman cain, who was an executive, who was chair of the regional fed in kansas city but doesn't really have any monetary policy expertise, because the president's looking for political juice on the fed so that they will give him some political juice in the economy as he runs for relegislatielect. >> you said it but i just want to remind everybody and it's not atypical but when donald trump was not president, he was complaining that the federal reserve kept interest rates too low and it is typical for presidents to not like fed chairs increasing interest rates on their watch but this is different. this is a 180-degree turn from what president trump said during the election and it's very unusual to put this kind of public pressure on a federal reserve chief, who, by the way, replaced somebody who was doing a perfectly good job justice because trump wanted his own person there. >> it's not just president trump. you may recall that when rick perry, then the governor of texas, was running for the

herman cain. >> not much of an endorsement. i think it was a plan throw out a few names, main thing is larry's goal to get u.s. idea logical soul mate, steveoore on the fed board, larry views fed as -- an entity gov earned bearned-- governed by group thi. blake: you don't think they want the cain all along. >> i think that a little bit of both. they had herman cain's name without nominating him, i think that plan was let's see how it goes over. main person we want to get in there is stephen moore. that is the person he and larry kudlow are close, they see things the same way that would be victory for them overall. blake: i asked president about this last week, he said herman will make that did. natiodetermineation. that leaves open number, herman cain did you not have support in senate. did it gets to a -- i a if it ga point where he does not go forward who else? >> it appears from their statement they hope that herman cable gracefully bow out. if not him, my ideal person would be david malpass, but he was confirmed for world bank position, he jumps out, and also man legionmanly, johnson. he would be interesting name to resurrect in all th

they were unwilling to vote for herman cain so he would not have been confirmed in he was nominated and many of those same republicans have raised a similar concerns about steve table, the attention will turn to moore, and it makes it less likely not more likely that more will be confirmed because with two bad choices, they were likely to let one go through and ditch the weaker one, by think the scrutiny on moore will now increase. >> and, again, what does tell you about the white house vetting process and the president says -- a lot of this wants people loyal to him? >> i don't think it says anything about the white house investigate process. i think many people in the white house were -- would have -- either did or would have told the president you shouldn't nominate these people. i think the president doesn't care very much, and had the president looked at those quotes i think he would have found them to be recommendations for nominating these people. >> thank you for fixing what i was trying to say. i'm not blaming the vetting process, the system that people decide who they want to be vetted. >> maybe people are vetted but the problem is when decisions ar

sticking by herman cain for the fed at least for the moment as three republican senators opposing his potential nomination. what about trump's other pick for the federal reserve board? steveoore is here to sound off on all the criticism he is receiving. plus, does he still think the fed should cut rates? stay with us. ♪ so, jardiance asks... when it comes to type 2 diabetes, are you thinking about your heart? well, i'm managing my a1c, so i should be all set. right. actually, you're still at risk for a fatal heart attack or stroke. even if i'm taking heart medicine, like statins or blood thinners? yep! that's why i asked my doctor what else i could do... she told me about jardiance. that's right. jardiance significantly reduces the risk of dying from a cardiovascular event for adults who have type 2 diabetes and known heart disease. that's why the american diabetes association recommends the active ingredient in jardiance. and it lowers a1c? yeah- with diet and exercise. jardiance can cause serious side effects including dehydration, genital yeast or urinary tract infections, and sudden kidney problems. ketoacidosis is a serious side effect that may be fatal. a rare, but

steve bannon or sean spicer to make fun of anymore. but, today, we got some big news about 2012 presidential candidate and man who's ready to slip out of this tie and into a martini, hermanp revealed that the former c.e.o. of godfather's pizza was his pick for the federal reserve. >> i've recommended herman cain. he's a very terrific man, a terrific person, he's a friend of mine. i have recommended him highly for the fed, i've told my folks that that's the man. >> stephen: and there's only one thing to say to that. >> aww, shucky ducky. ( laughter ) nu the best. the best! ( applause ) >> jon: a classic. something like that. >> stephen: now, if you don't know what that means, as somebody who covered herman cain in the 2012 election, i can tell you: i don't know what that means, either. but i do know herman cain was quite a character back in the day. for example, he told one interviewer that he was ready for whatever the media threw at him. >> i'm ready for the "gotcha" questions, and they're already starting to come. and when they ask me who is the president of ubeki-beki-beki-beki-stan-stan, i'm going to say, you know, i don't know. do you know? >> stephen: yes, i do. i

steve liesman joining us now, chief economist of the americas with natixis and then wealth advisers for their takes on trump's plan. the proposal to eliminate quantitative tightening and the nomination, potentially of herm herman cain to the fed great to have you with us. what do you make of this suggestion as to what the fed should do with their interest rate policy? >> cut rates, for certain, melissa. i've argued that for a while it would lower rates quantitative tightening, the fed has said will end in september that's already ending. quantitative easing, i would save that for the next downturn but i would say the general gist and tone of what the president says fundamentally, i agree with and have been seeing this sort of outlook for some time >> equities standpoint, should we be worried about all of this? should we be worried about the president inserting himself into policy, criticizing the federal reserve saying the quantitative easing should happen right now >> no, i don't think we should worry about it the last thing that the president wants is control over the fed and that way, in that case, he'd be blamed for the direction of the economy keep in mind, four or three years ago, he had president obama

charlie: i'm just saying when you criticize herman cain for being political or doesn't have a degree in economics from princeton or stevegroup, that always gets these jobs, remember that group think allowed, gave us the financial crisis that they did not, they thought they could magically lower interest rates, and you could turn a housing bubble into a housing bust into like back back to rising prices again and it was dumb and it was just because they did not think out of the box. they don't know enough business people. david: by the way the other thing that gets me about the herman cain issue is this is a man who was chairman of the kansas city fed. and yesterday, he's being portrayed as a pizza man. i mean, you know? it's so demeaning that this guy has risen so high. by the way let me just read this quote from one of the accounts and it says he reportedly, reportedly served in a variety of federal reserve roles in kansas city and they didn't say he was chairman. that's really demeaning. charlie: it's okay to be racist against a conservative black guy am i missing something here? david: i don't think you're missing any

herman cain's interest in the gold standard. how antiquated is that. are we going back to the bartter system as well. neil: steveflipped on that and the gold standard, but-- >> not only antiquated, but handcuffs the fed in terms of monetary policy and tied to the u.s. dollar. the u.s. dollar is not controlled by the federal reserve. yes, a little bit by interest rates, but you have global factors as well. if an economy is doing better than you or worse than others, that moves the u.s. dollar. so it's not all in the hands of the federal reserve. neil: and you can make a good argument that there we did that with the guy running the federal reserve right now. he was an economist by trading, but had a different view of the world and the president later says he regrets that choice. having said that, what is wrong with mixing it up, the type of people you have serving on the fed? >> i don't think there's anything wrong at all with it. i like herman cain as a selection and the reason for that, he comes from a different background. he was ceo of godfather pizza. he's had a corporate career. i think they need some people