and decided to appoint steven moore to the federal reserve before the vetting process. this confirms the discussion that is out on wall street there have been a bunch of papers out there >> one who apparently decided against this -- >> today today. that presentation that kayla just reported. even happened at all is striking news >> peter >> i agree let's put it in perspective. the dollar index and dollar trade index is no higher than 2015 we are a consumer dependent economy. purchasing power is important to the consumer dependent economy weakening the dollar is nonsensical. >> i want to say one more thing for the better part of 20 or 30 years, we had a strong dollar policy that served the country reasonably well. there are probably as many companies that do well with the strong dollar as do well with the weak dollar. we have not really targeted the currency as a fiscal matter. whether or not it is a monetary policy matter. different story. >> one last point. we rely on foreign investment. we have budget deficits. trade deficits we need that money to come here. if you we

trump's previous nominees steven moore and herman cane withdrew after criticism. there's also a nomination for europe's top stop, christine lagarde has been tapped as the next president of the european central bank. an appointment that would make her the first woman to lead the institution. last year "forbes" ranked her third on its list of the world's most powerful women behind only angela merkel and teresa may. >>> putting his foot down without a nike swoosh on it, mitch mcconnell slams nike after the withdrawal of the shoe because of the american flag. the company had concerns it could unintentionally offends and detract from the fourth of july holiday. according to the "wall street journal," nike received a complaint from former nfl star colin kaepernick because the betsy ross flag represents a time when african-americans were enslaved. senator mcconnell doesn't see it that way. >> i hope nike releases these shoes or some other shoemaker picks up the flag, puts it on a pair of shoes, and starts selling it. i'll make the first order. >> republican governor doug

president has failed to fill the board positions with roger moore and herman cain, and now sdaesh steven moore, rather. and has now nominated christopher waller and judy shelton to fill the vacancies. joining us for an exclusive is the writer of that piece, alan blinder, a man who has not been in a james bond movie that i know of, but professor blinder, good to have you on the program. do you really think that is the tactic, or do you feel that maybe in this environment, it is simply more difficult to locate and find people willing to take the job? >> no, i don't think the latter at all i think that's definitely the tactic look how it changed. his early appointments to the fed included randy quarrels and rich clarita, two very fine appointments not controversial in the least perfectly well qualified and then he runs off track lately so no, i don't think it's hard to find qualified people >> you know, we actually had scott minored on of guggenheim he broke the news he has been either approached directly or hinted, he wouldn't go into all the details, but it indicates they're out there looking.

contradict tore karl rove former wall street journal editorial board member and trump coauthor steven mooreoining us as well a lot say ahead had of the fed meeting this week and a miss technology giant reporting lower than expected results per share that was pressured by increase shipping cost. google on the other hand posted strong second quarter numbers despite the future for future regulation. talk tech for a second you said google is one that you're watching in addition to twitter right? >> exactly. but the real i think nonevent honesty is the amazon loss. this is a company when invest in the future. you know, amazon is building and continues to build a mote and that mote is their way to get products to the customer that fist started two day . now we're down to one day . no one else can replicate that maybe wal-mart is trying the problem with with the google of the world is there are more intellectual companies you can do search les where. you can do e-mail elsewhere. you can't get your products next which are all now becoming addicted to from everyone else. >> yesterday we have on the