Skip to main content

tv   After the Bell  FOX Business  July 11, 2017 4:00pm-5:00pm EDT

4:00 pm
as rates move higher and we unwind the balance sheet again nasdaq may hit the hardest in terms of having adverse effect from the fed's movements tomorrow. [closing bell rings] liz: heather. thank you very much. sunamerica. the dow holds on to gains after a wild session on wall street, melissa and connell figure out where it is all settling. melissa: the dow dropping about 140 points earlier in the session. down 129 at the low, getting a pop this afternoon to end the day almost flat, up four. nasdaq moving solid higher. but the s&p is struggling for gains. i'm melissa francis. you're not david asman. >> i'm not, not not -- that much i know. i'm connell mcshane it says in the teleprompter. here is what else we are ever coulding at this very busy hour. breaking news this afternoon. feeling pressure of the ticking
4:01 pm
clock, the senate giving back two weeks of august vacation to work on pushing the again today forward, including repealing and replacing obamacare. republican leadership blaming the delay of the recess on democrats obstruction. we have third highest ranking republican senator, john thune of south dakota. chris van hollen, democrat of maryland both joining us this hour. there is donald trump, jr., releasing his entire email exchange about a meeting with a russian lawyer. he did it to be quote, unquote, totally transparent. if he was aiming to make the story about russia go away. he failed there. it is blown up. we have white house reaction. legal analysis later in the hour. melissa: back to the markets. the dow logging a 160 point swing on heels of big news out of washington. straight to nicole petallides on floor of new york stock exchange.
4:02 pm
>> we have you concerns about selling about 11:30, down 130 points on the dow. of the later in the day as mitch mcconnell said they would delay taking on the recess, everybody likes that because the again today is on track. with that we moved into the positive territory. the dow is down last three out of four trading days. it is up one point, squeezing out a gain led by energy and technology. that helped us along. nasdaq came up off the lows. had been down 25 points. up 17 points. those are winners. we're watching amazon in particular as the big prime day, the third prime day everywhere they really bring in the dough. they supposedly earn four times normal daily net profit. this is in order to squeeze other guys. we know amazon has been the behemoth an retailers an supermarket companies as well. we're looking at some retailers been under pressure today. names like michael kors down 7%.
4:03 pm
fossil 5%, best buy 1%. ulta salon up 5%. many retailers and supermarket companies have been under pressure. -- down 5%. everybody is looking to yellen and cpi report and earnings that kick off on friday with some banks stocks next week. melissa: great job, nicole. connell. connell: quick check on other markets. oil back above $45 a barrel, 45.07, ending up nearly 1 1/2% after u.s. agency lowered its forecast for crude output next year, did so by 1%. talk of possible production cuts in both libya and nigeria. melissa: kind of a deadline in our nation's capitol. senate republicans delaying an obvious recess and health care is not the only concern with the gop. >> we're getting zero cooperation on the personnel part of the senate as portfolio
4:04 pm
which is confirming nominations. therefore we will be in session the first two weeks of august that we had originally anticipated not being here. we will be here. >> the problem the republicans are having with health care is not time, it is substance of the bill. they can spend two more weeks, two more months, two years, as long as this bill continues to cut taxes on the very wealthy, and hurt working americans, the bill is going to be as unpopular as it is today. melissa: all right. so the agenda eights items keep piling up. on health care senate majority leader mitch mcconnell is sticking to the timeline of senators getting the bill thursday. congressional budget office analysis early next week. and then hope fullly a vote sometime late next week. here is senator john thune, the third highest ranking senator on
4:05 pm
republican leadership. you know one of the things that chuck schumer was wrong about right there this idea of cutting taxes on the wealthy. in fact what we're looking at senate bill will likely keep the aca taxes on high income households. it would leave in place that 3.8% tax on net investment income and .9 of a percent on payroll tax. is that true? does that make sense? >> that is part of the latest draft, melissa, frankly my preference would be to get rid of all taxes. taxes were paid to -- raised to pay for obamacare and we're repealing obamacare around should repeal the taxes. repeal all the taxes that affect consumers and race price of costs of things out there including health insurance to get rid of all of those. to use some other revenues to plug back into the bill and provide assistance to people who will need it the most. that is current state of play. obviously we'll continue to work with this.
4:06 pm
nothing is final at this point. we have number of our members in order to get to 50 who might need that as part of their requirements. melissa: might be the first time in my life i was disappointed chuck schumer was wrong there. let me ask but the cruz amendment which talks about allowing health insurance companies to have the freedom to put out all kinds of different priced plans out there if they havenehat complies. there is a lot of steam behind this, it seems. what do you think of it? >> i think that is one of the things that conservatives fought hard for. we have it as congressional budget office being reviewed and analyzed, what impacts would be. how does it affect overall pool. how does it affect coverage and premiums. i think on just the merits itself, on the surface makes sense. let people buy the plan they want to buy. there is merit to this idea.
4:07 pm
impacts, how it works across all different insurance pools and how those rates are affected still something we have to take a look at. melissa: from our point of views seems like you're working, we book beam, all of sudden they're dragged into meetings with health care and dragged to the white house. one person not going to meetings is rand paul. no one has brought him to talk about the different things he is mentioning on television that he doesn't like. does that mean he is sort of being counted out at this point? there is no way to reasonably win him over? >> i don't think we're counting everybody out. we have 52 republicans. we have very little margin of error. if there is way rand could be supportive to vote for the ultimate product -- melissa: why do you think he has been invited to anything? >> i think he is. all of our members have been involved. we have 35 and 40 meetings of all senate republicans. he articulated his views. specific ideas he would like to see get done. some wch could be incorporated
4:08 pm
into a bill, some which may not get there, if we get 80% what we want is a win. obviously we have responsibility to rescue people from a failed system. obamacare is in death spiral. that is why we have to act and act very quickly. melissa: the timeline we mentioned on the way in, how realistic is that on scale of one to 10, what would you say? >> i think it is realistic -- melissa: give me a number. >> on a scale of one to 10? melissa: yeah. 10 being very likely. >> i would love to get you a 10 plus. realistic i'm a practical guy. i say it's a seven. get a bill, get it scored, get on the floor, open up for amendment, have a bunch much amendment votes next week have final passage by friday next week, i still think that is good possibility. melissa: senator thune, thank you, appreciate your time. >> you bet. thank you, melissa. >> let's bring it now to our panel, get reaction to that conversation. robert wolf, ceo 32 advisors,
4:09 pm
former economic advisor to president obama. gary kaltbaum is here as well from kaltbaum capital management, both fox news contributors. want to talk to gary about the markets today how they played into the don, jr., emails and health discussion. robert you first, last comment on by senator thune, a seven was his prediction when melissa asked him to say how likely it is to get through. you're in touch how democrats see thgs. is he being realistic, eventually they have to turn to the democrats to work with them here? >> he is being peppy and optimistic. number three guy has to be one of those leading charge. he repeal alone is non-starter. cruz amendment doesn't go forward. taxes stay as melissa and i spoke next week, chances of them feel passing it is under 50/50, even though they need to get to 50 because you have 10 nos right now.
4:10 pm
you have to do a clean sweep. doesn't seem that is going to happen because conservative versus centrist republicans. governors who are against it are not changing their view as long as they took medicaid expansion you will take anything away from those states. connell: as i said, gary i think market action was somewhat interesting today. we've been looking at some individual stocks as robert has been speaking but the dow is down 129 points on the don, jr., email release we'll talk about in a second. once we found out at that conversation melissa was having with senator thune, republicans could stick around and delay august recess that is when the market turned positive. what do you make of that? >> tells you fragility with the market. when the markets think trouble in the administration takes a hit, all of sudden maybe they will get things done, the market starts heading up again. i got to tell you something here. my hearing this correct that they're leaving most of the tax
4:11 pm
in this senate bill? because i've pot news for these people, republicans that, republicans that won based on doing the opposite of that. they're going to lose in 2018. it is amazing that you have the way left democrats and now you have the left republicans kind of joining the party. i'm amazed what i'm hearing. connell: that is complete nonstarter for you, is your point? >> look, i'm a big believer that government is too big and taxes are too high. you know where i stand. that is what is blocking the economy from getting going. government spending this year, $4.1 trillion. it will be $5.1 trillion in three years. we can not continue to do that trajectory and think good things are going to happen. melissa: breaking news. twitter c-suite shuffle. the social media giant announcing it hired ned siegel of intuit as cfo beginning in late august. anthony noto serving as twitter financial officer and chief operating officer since november
4:12 pm
will remain at the company as chief operating officer. the stock right now, flat as traders digest that news. taxing the rich. seattle approving new income tax for wealthy residents. gary, i struggle with this one. you tax what you want less of. so do you want less wealthy people living in your community? >> well, first off, it is not seattle raising the taxes. it is nine nincompoops on the city council making the decision for 11,000 people on how much they have to pay in taxes. but remember the maryland millionaire tax. you start treating people poorly in their capital poorly, they will flee. the last i looked you have olympia to the south. you could even go to walla walla, washington in the big southeast and get away from seattle. you know what will happen here. if they do it once. you know the left. they will do it a second time and third time and fourth time
4:13 pm
until there is real pushback. melissa: robert, they have a lot of rich tech folks in this area. this is 2.25% tax on personal income in excess of 250,000 for individuals and in excess of 500,000 for married couples filing joint returns. that is pretty low bar for that area considering the cost of living and average incomes. is that good idea? >> seems like a low bar i would agree with you. that being said for these cities feels like they're copying new york city for the cities that have businesses thriving and hopefully wages going up, they're feeling is they need extra money to take care of infrastructure and do those things. that being said, you know, it feels good when there is bull market and when there is bear market people can leave those cities. and then you cut their mobility. you know, unless you're telling me there is wage inflation which melissa you said for a year we don't see it. melissa: not yet. >> i don't necessarily think increasing taxes is a move.
4:14 pm
melissa: if they change the tax code and you can't deduct state and local taxes will hit places like this, forget it, i'm not really staying. you're both fantastic. we appreciate it. >> thank you. connell: such a busy day, don't want a story like this having itself get lost. is the head of isis dead? there are new redetails coming up on that. retired lieutenant-general tom mcinerney what sources tell him and what it could mean for the war on terror. melissa: decorated soldier under arrest and facing terrorism chars for helping isis. what he is accused of doing. connell: what the white house says about the entire email chain of don, jr., and what is in the emails and is it possible don, jr. broke any laws. gregg jarrett on that as he -- >> here is the question. why would they send the trump campaign to a lady knew nothing?
4:15 pm
an odd way to send somebody to help without any evidence at all. ♪ ♪ ♪ ♪ ♪ when this guy got a flat tire in the middle of the night. hold on dad... liberty did what? yeah, liberty mutual 24-hour roadside assistance helped him to fix his flat so he could get home safely. my dad says our insurance doesn't have that. don't worry - i know what a lug wrench is, dad.
4:16 pm
is this a lug wrench? maybe? you can leave worry behind when liberty stands with you™. liberty stands with you™. liberty mutual insurance. copdso to breathe better,athe. i go with anoro. ♪go your own way copd tries to say, "go this way." i say, "i'll go my own way" with anoro. ♪go your own way once-daily anoro contains two medicines called bronchodilators, that work together to significantly improve lung function all day and all night. anoro is not for asthma . it contains a type of medicine that increases risk of death in people with asthma. the risk is unknown in copd. anoro won't replace rescue inhalers for sudden symptoms and should not be used more than once a day. tell your doctor if you have a heart condition, high blood pressure, glaucoma, prostate, bladder, or urinary problems. these may worsen with anoro. call your doctor if you have worsened breathing, chest pain, mouth or tongue swelling,
4:17 pm
problems urinating, vision changes, or eye pain while taking anoro. ask your doctor about anoro. ♪go your own way get your first prescription free at anoro.com.
4:18 pm
melissa: donald trump, jr., back in the spotlight. he is even moving markets after he released an email chain surrounding his conversations with a russian lawyer. blake burman from the white house to spell it out for us. reporter: melissa, they are trying to separate themselves here at white house from the president's oldest son, don, jr. the deputy press secretary sarah huckabee sanders, kicked most every question to trump, jr.'s outside council and read a terse statement from president trump
4:19 pm
on the matter. quote, my son is high-quality person and i applaud his transparency. this morning via twitter trump, jr., released a email chain with acquaintance ron goldstone. in that a russian prosecutor would offer up damaging information about hillary clinton and information that could be helpful to then candidate trump. gold stone wrote the following, this is obviously very high level an sensitive information but is is heart of russia and government support for mr. trump. minutes later trump, jr., followed up, if that is what you say especially love it, especially later in the summer. can we do a call next week with i am back? fast forward, june 19th, donald trump, jr., jared kushner, paul manafort and a russian attorney named gnat tall
4:20 pm
i can't veselnitskaya, ended up meeting origination of all of this. at a white house press briefing one of the few things sanders commented on, the fact that the president is frustrated that the russia narrative is once again back in the headlines. >> i think that the president is, i would say frustrated with the process of the fact that this continues to be an issue and he would love for us to be focused on things like just been mentioned, the economy, on health care, on tax reform, on infrastructure. reporter: now those emails do mention a quote, russian government attorney. though veselnitskaya denies being, having any sort of ties whatsoever currently to the kremlin. in a statement that trump, jr., put out along with those emails he rerated once again, veselnitskaya, the meeting with her was meaningless. he ended by saying quote, to put this in context, this occurred before the current russia fever
4:21 pm
was in gold. as rob gold stone said today in the press, the entire meeting was quote, the most inane nonsense i have ever heard and i was actually agitated about it. inane nonsense, very clearly in washington, d.c., especially on capitol hill, republicans and democrat shaking their heads on this one. melissa: health care tax reform. health care tax reform. blake, thank you. reporter: you got it. connell: here to react provide us legal analysis, fox news anchor gregg jarrett, former attorney. legalnal ses, rather stick there for next few minutes as opposed to political analysis. collusion is political term we hear so much about. >> it is really interesting, taken a life of its own. collusion with a foreign government in an american political campaign is not a crime. there is no statute that outlaws it. maybe there ought to be. maybe there will be some day day by itself is not a crime.
4:22 pm
collusion is loaded word, incriminating word because it is a crime in antitrust law. connell: right. >> as you well know under the sherman act for price-fixing and anti-competitive behavior. connell: not in this case. >> every time you say the word collusion it conjures criminality. connell: there are a couple statutes you i heard thrown around today, brought into question. one surrounds campaign finance. >> right. connell: the question whether or not accepting a a quote, thing of value from a foreign value might be in question in this case. is it? >> it is generally been interpreted to be a thing of value you, not to be information by itself but let's say, you know billboard advertising a political candidate as opposed to just giving a candidate money. connell: you can't accept money from foreign national. >> that would be in-kind donation. you're right, you can't accept money or a thing of value from a foreign entity or individual. connell: has that thing of value tested by the courts? there is not much precedents for this?
4:23 pm
>> bandied around cases been brought, generally not a crime to violate the campaign election act. connell: okay. >> it's a civil violation. and penalty is a fine. so even if they find a violation here, you know, you got to write a check. connell: the other thing i've seen written about there is some sort of a conspiracy allegation to have it an affect on election by conspiring with a foreign national. >> there is a federal law that says you can not conspire to defraud the government or init fear or obstruct a government function. now an election is clearly a government function but when you read the statute very carefully, it says, you have to do it with deceit and dishonesty and trickery. well, exchanging information or disseminating information doesn't qualify. so that statute is inapplicable. connell: a piece you are to hit foxnews.com says hour or so, says no crime committed is that the point?
4:24 pm
>> no crime committed. i take direct aim some individuals over spurious allegation that donald trump, jr., committed treason. connell: we heard that senator tim kaine. >> call him a sore loser. he was on losing ticket in the presidential election. laurence tribe, who is already sued the president of the united states before he unpacked his bags says it is treason. they ought to reread the constitution and federal statute on treason. it doesn't come close because we're not at war with russia. you have to be at war to aid and comfort the enemy. connell: good analysis on the other questions as well. thank you, gregg. more to come on this of course. melissa. melissa: alarming security breach. new details behind a major failure at one of our nation's busiest airports. plus unprecedented level of obstruction. senate republicans are blaming the other side of the aisle for the lack of progress in our nation's capitol. coming up, the response from democratic senator chris van
4:25 pm
holden. >> i think the voters would naturally say the heck with all of you if we can't get our act together and get it done. dentures are very different to real teeth. they're about 10 times softer and may have surface pores where bacteria can multiply. polident kills 99.99% of odor causing bacteria and helps dissolve stains. that's why i recommend polident. cleaner, fresher, brighter every day. i needed something more to help control my type 2 diabetes. my a1c wasn't were it needed to be. so i liked when my doctor told me that i may reach my blood sugar and a1c goals by activating what's within me with once-weekly trulicity.
4:26 pm
trulicity is not insulin. it helps activate my body to do what it's suppose to do, release its own insulin. i take it once a week, and it works 24/7. it comes in an easy-to-use pen and i may even lose a little weight. trulicity is a once-weekly injectable prescription medicine to improve blood sugar in adults with type 2 diabetes when used with diet and exercise. trulicity is not insulin. it should not be the first medicine to treat diabetes, or for people with type 1 diabetes or diabetic ketoacidosis. do not take trulicity if you or a family member has had medullary thyroid cancer, if you've had multiple endocrine neoplasia syndrome type 2, or if you are allergic to trulicity. stop trulicity and call your doctor right away if you have a lump or swelling in your neck, severe pain in your stomach, or symptoms such as itching, rash, or trouble breathing. serious side effects may include pancreatitis, which can be fatal. taking trulicity with a sulfonylurea or insulin, increases your risk for low blood sugar.
4:27 pm
common side effects include nausea, diarrhea, vomiting, decreased appetite and indigestion. some side effects can lead to dehydration, which may make existing kidney problems worse. once-weekly trulicity may help me reach my blood sugar goals. with trulicity, i click to activate what's within me. if you want help improving your a1c and blood sugar, activate your within. ask your doctor about once-weekly trulicity. i wanted to know where i did my ancestrydna. the most shocking result was that i'm 26% native american. i had no idea. it's opened up a whole new world for me. ♪
4:28 pm
melissa: elderly couple taking on the irs. they say they have lost their life savings after the agency illegally seized their bride dal shop, immediately sold everything. now they're suing. jeff flock has the details. jeff, break this story down for us. reporter: if you don't pay your taxes the irs can come in and seize your stuff. the law says, if they do, you have 10 days to pay the tax you owe or dispute the charge. the only reason that they can sell it right away if it is perishable. so i ask you, bridal gowns, perishable or nonperishable? well, take the case of mei's bridal in garland, texas outside
4:29 pm
of dallas. in this case the irs said wedding gowns are perishable. an elderly immigrant couple from thailand, both, one 68, the other 72, have been u.s. citizens, operating their bridal shop since 1983 down there in texas. they got behind in taxes although unclear just how much. either way though, here is what their legal complaint against the irs says. irs agents wrongfully classified a stock of more than 1600 designer bridal gowns as perishable goods and invoke ad streamlined seizure an sale process designed for such items. the gowns were valued about $600,000 by the irs, but don't ever let the irs sell your stuff. you know how much the irs got in the sale? a total of $17,000. not exactly amazon. by the way, we checked the irs manuel what is perishable and what is not. example of a flower nursery. if they seize your flower nurse arery, the flowers are per
4:30 pm
rischable they an can sell those. plants are perishable. they can sell those. stuff like pottery, vehicles, gardening equipment, not so much. bridal downs, we'll leave it to you to decide. we'll hear from their attorney first on fox this afternoon, jason freeman. >> we have not conceded that they actually owed that in the percent place which adds another wrinkle, even conceding they do, $30,000 liability certainly does not prompt or warrant the actions here. reporter: we are all about tax fairness here at the fox business network. i would point out one last thing, melissa. you know floyd mayweather, the boxer that made $100 million in the man any manny pacquiao bought, he hasn't paid taxes since 2013. so far the government has not seized anything of mr. may weather's, fyi. melissa: they owed $30,000. that is the dispute. that is the big end. they may have owed 30, jeff, wow.
4:31 pm
connell: here is another number you may not like, 95%, 95% is the failure rate for security screeners at one of the busiest airports in the country. melissa: really? horrible. connell: yes it is. minneapolis st. paul. they did a test. security agent were under cover, working covertly, get banned items through the screening 1out of 18 times. only one time they got them. -- 17 out of 18. they had a similar rate last year, failing nine out of 12. this time worse, 17 out of 18. melissa: make a note never go to the airport. connell: minneapolis saint paal. i wonder if the others are better. melissa: that is depressing block. hurting isis where it hurts. possible death of their leader, could mean a strong line of success -- succession for the terror group. connell: an active duty u.s. soldier they say was an isis
4:32 pm
sympathizer. ♪ >> in summer of last year russians were in boy testing of information they believed would damaging to the cretary clinton and helpful to the trump campaign. some of this information they stole from the computers of the dnc and elsewhere. in june we now know that through intermediaries the russian government sought to approach the trump campaign to see whether they would be interested in damaging information about hillary clinton. in late july, the president quite out in the open, then candidate trump, urged the russians to hack hillary clinton's emails, said they would be richly he rewarded. during the course of our investigation one of the questions we have sought to answer is, was there private activity by the campaign in parallel with the very public request that now president
4:33 pm
trump, then candidate trump made for the russians to hack and release hillary clinton's information. because we now know that the response of that, that the president's son gave to the russians was, that he would love it, if they would provide damaging information about hillary clinton. rather than report this overture by the russian government, to provide damaging information to intervene in the presidential election in a way to help his father, neither the president's son nor the campaign reported this information to the fbi. when it became obvious that the emails were being dumped, when it became obvious this was being done by the russian government, when our own intelligence community issued a statement in october affirming that this was being done by the russians, did the trump campaign then disclose that in facted this received an over ture to receive damaging information?
4:34 pm
the answer of course is, no they didn't. so this is obviously very significant, deeply disturbing, new, public information about direct contacts between the russian government and its intermediaries and very center of the trump family campaign and organization. obviously we need to get to the bottom of exactly what happened. what was said in that meeting, any of the information that went into organizing that meeting, as well as if that meeting was just the beginning or that was a testing of the waters by the russians to see whether the campaign would be receptive to their engagement and involvement in the presidential election. so this is is i think a very key development in terms of what the public is aware of. our work continues, so we are interviewing new witnesses each week, sometimes more than one
4:35 pm
each week. we'll be doing that until we get to the bottom of not only these additional facts but all the others that we're exploring, with that i would be happy to respond to your questions. yes? >> congressman you mentioned things were directed by russian government. have you seen any evidence that this russian lawyer was in fact directed by the kremlin to meet with the trump campaign? and secondly, have you seen any evidence of other meetings that may have occurred between trump associates and russians beyond this one? >> i can't go beyo the four corners of what is already in the public domain but i think that the emails themselves which have now been verified by the trump campaign itself, by the president's son himself, make very clear that government officials within the russian government had information they thought was damaging to secretary clinton, that they wanted to share with the campaign. and they made arrangements to
4:36 pm
provide a channel to do that and this russian advocate was that channel. now obviously one of the things we need to investigate was, is, did this just begin the conversation? dishe report that information, the receptivity to that information back to moscow? did mr. gladstone report back to the family that approached him to say they would love to get this? in fact they would not only love to get it, they would love to get late in the summer. of course it was late in the summer that the stolen emails began to be published. so these are the kind of questions that need to be answered, but here i think you have quite direct evidence that the russian government had damaging information, communicated that to the campaign and all of the campaign denials of whether we knew this was going on or whether the russians had any involvement, whether the russians wanted to help his campaign, obviousesly now have to be viewed in
4:37 pm
completely different context >> were you aware of this meetg congressman? has the committee been in touch with trump, jr., and his lawyer and do you plan to request documents from him. >> we will want him to come before the committee. i don't want to discuss any communications with witnesses. they're free to disclose them themselves. we will want him to come in. we want everyone connected with this meeting to come in. we want any documents that they may have. plainly as we saw the constantly-evolving stories from the president's son, we can not rely on any public representations that are made by the family about their contacts with the russians. we have now seen a very demonstrable pattern of obfuscation and disassembling about these meetings, originating with denials. we never had these meetings. forced acknowledgement once meetings were disclosed and then shifting explanation about what meetings were about. in this case the claim was, this was about adoptions.
4:38 pm
and then it was, well, it was, we brought campaign manager in. significant to me they invited the manager of the campaign. if this was not a campaign meeting as they originally said, what was paul manafort doing there? but of course the reason the russians were approaching them was precisely becae he was the apparent nominee at that point. so, we're going to want to hear from everyone connected to this. we're also going to want to see as reference to that email whether the president's assistants receive any communications from russians as well. that was another channel that was alluded to in those. mails. >> do you believe this russian lawyer was test being put out by the rusans to see how the trump -- [inaudible]. >> it certainly appears that way, that this is, very much consistent with the russian practices with their, their essentially their operating
4:39 pm
procedures where they will use civilians, they will use often oligarchs, they will use others and look for relationships and here the emails made quite clear that the russian government had possession of damaging information. they you thought the way to get that to the trump campaign to test whether donald trump wanted this information was to go through people he had done business with. indeed this modality the russians elsewhere. who had they done business with? well they had done business with a gentleman that is known as the russian donald trump, who had worked on the miss universe pageant, who had business discussions with the president over having a trump tower in russia. so they go to this oligarch, they go to the son, who knows the son of now president. they find out, yes there is a deep interest in this, and then they dispatch this advocate for the kremlin.
4:40 pm
now, why would they choose her? they might choose her because she gives them some he deniability as opposed oppose to someone with more direct chemicals to the government. obviously this is something we need to determine but it would be consistent with russian tradecraft to do exactly this. >> congressman, some of your colleagues are beginning to use the word treason. even if you don't want to go that far or draw any conclusions yet, do you see possible violations of criminal law here? or is this just a breach of normal etiquette governing our elections? >> it is absolutely not only a breach of norms but a breach of civic responsibility to the country. if you get approached by a foreign government offering to interfere in a presidential election you go to the fbi. you report it. that is what a decent citizen would do. and i don't want to see us continue to lower the bar here
4:41 pm
say only question whether this is illegal. this was unethical. it was i think in violation of the oath of citizenship to willingly solicit, receive, encourage, for inintervention in our elections. so this is a very serious business, whether criminal laws were violated or not. there are a number of criminal laws that are implicated here. and we see again a kind of a shifti, first that then there is okay, if there is collusion, collusion is not against the law. the reality is conspiracy is against the law. he collusion is one form of conspiring. if there was an effort to conspire to violate our election laws, essentially get an in-kind contribution of opposition research, against their opponent, if there was any kind of quid pro quo, one of the messages that this russian advocate may have taken back to moscow is, that trump
4:42 pm
administration will be very amenable to repealing the magnitsky act. that is piece of sanction legislation going after russians who are violating people's human rights. was that a quid pro quo? was it simply further encouragement of the russians to intervene? certainly they were getting all the right signals. they were getting signals from the president, then quite openly and he overtly. they were getting signals from president's son in a covert fashion. all of the allusions this is highly sensitive and what is the best way to get you this information, you know, does have a echo of those allegations of mr. kushner wanting to set up a secret back channel. again, what do i think is notable here is the pattern. these aren't a series of meetings of events, denials, obfuscations regarding china or regarding canada or regarding britain or regarding france.
4:43 pm
they all come back to russia. and of course the profound question is why and that is the question we need to answer. i have time for one last question. >> congressman? >> yeah. >> could you please give us update on the sanctions bill? and give us an idea as to whether these events today will affect the path of that bill at all. so bring us up-to-date. >> well, we stand ready, i think on a very bipartisan basis to pass the senate bill overwhelmingly. i have no doubt if that came up for a vote tomorrow it would pass overwhelmingly. certainly these events give added urgency to doing exactly that. and i think it is very important to understand in context of that sanctions legislation what is so disturbing and what is so concerning about these new public re -- revelations and why congress has to get to the bottom of it.
4:44 pm
the most serious risk to the country i think russians possess compromising information, what they call comprama. >> that can influence this president's conduct of american policy russians know about this meeting. they were behind organizing the meeting. if there are other meetings russians know about, other interactions with the trump campaign russians are aware of, that is something they can hold over the head of the president of the united states. the american people need to know our president is acting on their behalf, not acting because he has a fear that the russians could disclose things that would harm him or his family. so i think it is obligation for the congress to get to the bottom of this and make sure that the president's policy, whether it is in syria or ukraine, or vis-a-vis nato or anything else, is only influenced by what is in the best interests of the country and not because the russians are in possession is of any material that they fear would become public.
4:45 pm
thank you. melissa: that was congressman adam schiff. he is the democratic ranking member on the house intel committee. he was going through his reaction to the revelations today about donald trump, jr.,'s email chain, vis-a-vis this meeting with a russian attorney. a couple of the assumptions that he is making based on this, that he feels that the trump family has been discredited in terms of self-reporting on the meets that they had. also proving that they were in fact receptive to the idea of receiving information that would hurt the hillary rodham clinton campaign based on information that the based on information that the russian government had. let's bring in retired lieutenant-general thomas mcinerney, retired general and fox news military analyst. some of the conclusions, others that he made i'm not totally convinced of.
4:46 pm
the first question asked by a reporter what is this evidence that this woman, that this person they had a meeting with was actually connected to the kremlin or connected to russian government. the answer he gave the text of emails he saw were the evidence. what do you think of that. >> pathetic, melissa. that was pathetic performance for u.s. house member that should know better this is all fake news. the fact is, there are two things that that committee has got to look at. they have got to look at the dnc computer servers that was hacked that released that information and john podesta's and others emails. why hasn't the dnc turned that over to the fbi? melissa: tell us why you are tieing that to this? >> because this shows that the russians did not do it. that server was turned over by seth rich and no one will look at his server. and those two servers blow this whole russian conspiracy,
4:47 pm
collusion up. and that is why it is that simple. i've been watching this for a long time and why the congress has not gone after those go servers, because cyber is my business, melissa. if you get the server, you get the fingerprints of the people that hacked you. melissa: okay. so let's concede that we want to get that server. >> correct. melissa: based on what we just heard there, you know, he believed that this was evidence that the russians -- adam schiff just now, congressman adam schiff saying this is evidence that the russian government had information that they were trying to hand over to now president trump and his campaign. do you see, i don't know that we saw that evidence there. i mean they were pretending like they had it. we don't know they really had it, do we? >> we don't and we haven't seen it. a lot of people were calling. i must tell you i talked to members of the trump campaign during this with certain
4:48 pm
information, that i wanted them to be aware of, had to do with benghazi and how hillary clinton violated the espionage act. and they didn't act on it. so there are lots of people that do these things. that is is the danger that they're not getting to the core products which is hard evidence. melissa: okay. >> server evidence. that is why i brought that up. melissa: i wish we had more time. thank you, sir. we appreciate your time. >> thanks, melissa. connell: obviously one big story of the day. the other is all this stuff on health care and blame game that is, you know associated with it. republicans pointing across the aisle at democrats. they're pointing right back. who really is to blame for the lack of progress we've seen on health care? we have senator chris van hollen the democrat, weighing in after a quick break. ♪
4:49 pm
4:50 pm
approaching medicare eligibility? you may think you can put off checking out your medicare options until you're sixty-five, but now is a good time to get the ball rolling. keep in mind, medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized medicare supplement insurance plans, they could help pay some of what medicare doesn't, saving you in out-of-pocket medical costs. you've learned that taking informed steps along the way really makes a difference later. that's what it means to decision guide.equest this free it's full of information on medicare and the range of aarp medicare supplement plans to choose from based on your needs and budget. all plans like these let you choose any doctor or
4:51 pm
hospital that accepts medicare patients, and there are no network restrictions. unitedhealthcare insurance company has over thirty years experience and the commitment to roll along with you, keeping you on course. so call now and discover how an aarp medicare supplement plan could go long™ for you. these are the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations. plus, nine out of ten plan members surveyed say they would recommend their plan to a friend. remember, medicare doesn't cover everything. the rest is up to you. call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. go long™. ♪
4:52 pm
connell: senator mcconnell delaying august recess and blaming colleagues across the aisle. >> we're getting zero cooperation as a result of all this obstructionism. don't have time to address all issues. we'll be in session first two weeks of august. connell: senator chris van hollen of maryland is here with us this afternoon. he is blaming you guys. what do you say. >> we made it clear from mitch mcconnell from very beginning if he is interested in focusing on improving the affordable care act, especially improving exchanges we're all in. so long as he is working to blow up the affordable care act and enact things that have nothing to do with improving health care, like, cutting medicaid for tens of millions of americans
4:53 pm
while giving tax breaks to wealthy people that is nonstarter. i can tell you, having spent a lot of 4th of july traveling around maryland, enconcluding to lots of parts of our state trump did well in, not a single person out there supported this senate republican bill. they should put that aside and we've been asking to join them in trying to fix what we can and improve where we can, without blowing the whole thing up. connell: up until this week, senator we heard almost no talk of that. we actually heard from democratic leadership, chuck schumer on down the democrats are there to your point to work together with republicans. that would happen if there is not as you know if there is not enough republican support for the bill, likes of senator rand paul but apparently maybe 10 republicans who are not supportive of that. so if it gets to that point, hypothetically, where are the areas where we can come together? give us a couple? >> well i think trying to improve the affordable care act exchanges. so for example, there has been a lot of uncertainty in the cost
4:54 pm
sharing payments, these are payments within the risk pools for insurance companies, those are, an area where we can work together. i happen to think we should also think should have public option within the health care exchanges, that would guarranty you would have a plan no matter where you live in the country, create more competition. according to the congressional budget office it would save tax he payer dollars. there are lots of ideas if the idea to improve affordable care act exchanges. but again conduct medicaid by close to $800 billion while providing tax breaks that go primarily to very wealthy people has nothing to do with improving health care which may be why not a single patient advocacy group, not the american heart association, american cancer society, not one, is in favor of what is supposed to be a health care bill. connell: on this wider question then of, to move, not away from health care to move on to some other subjects as well, about getting things done, even the
4:55 pm
president has used similar language to senator mcconnell on democratic obstructionism i guess is the term that he is kind of coined on this, in a recent tweet he said senate democrats have only confirmed of 48 of 197 presidential nominees. they can't win. although do is slow things down and obstruct, if you look at number, senator, i think at this point president obama had over 50% of his nominees confirmed. 55, trump administration is about 20. is that a fair point? >> well there are a couple things here. important to look at the facts. first of all the obama administration put forth a lot more nominations. connell: percentage wise, it was higher, it was higher percentagewise. >> the other thing this administration put forward a huge number of nominees who haven't supplied their ethics paperwork to make sure there are no conflicts of interest. that has slowed down the process. and then when it came to this health care thing. i will tell you when mitch mcconnell decided to set
4:56 pm
up his secret committee of 13 members. connell: right. >> when he decided not to go to any committees for hearings, take public testimony, where he essentially shut this place down, and abused what is the normal process, you know he, democrats said hey look, we want the american public to be in on this health care thing. as long as we're not going to have an opportunity to do that we'll not let you pass all this other stuff when you're trying to railroad the system. connell: we have to run for time, senator. we appreciate your time. thank you for coming on. we appreciate it. >> thank you. melissa: before sending your kids offer to college in the fall you might want to make sure they're not choosing the to study the most regrettable major in america. connell: uh-oh. ♪ ♪
4:57 pm
hey, i'm the internet! i know a bunch of people who would love that. the internet loves what you're doing... ...so build a better website in under an hour with... ...gocentral from godaddy. the internet is waiting. start for free today at godaddy. ♪ of odor causing bacteria and helps dissolve stains. so dentures are cleaner, fresher, and brighter. polident.
4:58 pm
great-granddaughter of benjamin rush.h he was actually the only medical doctor that signed the declaration of independence. i myself am a nurse, my daughter is going to physician's assistant school. we're passing on family traditions. ♪
4:59 pm
. >> okay. parents, before you send your children off to college, you might want to help them reassess their major. >> more than half of this majored in english regret
5:00 pm
their decision. >> no kidding. >> the most regrettable major in america. but only 14.8% of accounting majors regret. so do the math. >> maybe that's because they can find a job afterwards. >> maybe. >> there you go. risk and reward starts right now. >> that's the very thing tha we need to not be distracted by we have specific things that ave to do here. we've got to come up with a health care outcome. we've got to come up with a tax plan. we've got to come up with a spending strategy. and we've got to be disciplined and not be distracted by things that may be legitimate. but not right now in our lanes. >> the dow briefly fell 100 points in light trading volume after donald trump jr. released the e-mail chain detailing his meeting with a russian attorney in june of last year in which a claim that a top russian prosecutor claimed to have information with hillary and her dealings with russia.

56 Views

info Stream Only

Uploaded by TV Archive on