tv Your World With Neil Cavuto FOXNEWSW May 17, 2016 1:00pm-2:01pm PDT
so dow down, what, 26 of the 30 industrials are in the red today as opposed to the green. neil cavuto will bring context and perspective, and we'll see you later if things get weird. have a great afternoon. all right. thank you, shepard, very much. i'm neil cavuto and this is "your world." and this is probably the last thing that hillary clinton wants to hear. not just the sell-off today. stocks go up, stocks go down, as the late great onld reagan used to say. but what precipitated the sell-off, growing suspicion the federal reserve might just go ahead and raise interest rates this year. and not just once, not just twice. maybe as many as three times. that was the reading from the san francisco federal reserve president, who seems to think the economy is strong enough to withstand that and some data out today that seems to confirm that. i mix it with politics today because rising interest rates in the middle of an election year, though not unprecedented, is
unusual. and for hillary clinton could be problematic. to trader ben willis at the new york stock exchange. ben, i'll leave the politics out of it and focus now on whether the economy warrants a hike or two or three in rates as i guess some feared today. what do you think? >> the cpi number is the reference point, and it did give us a whiff of inflation for the first time in a very long time. i happen to be of the camp that rising interest rates are a sign of a very healthy economy and necessary and something that our own federal reserve missed the opportunity to do several years ago that kind of left us in this predicament of not knowing which direction to head. so that is -- it is political. no matter how we look at it, having to go back to your polysci classes, but this is a political situation. the fact the dow is down 200, as you said, it had a great deal to do with the three amigos from the federal reserve making their comments. but we were due for a pullback because of what happened to the dow yesterday, up 200 points. that traditionally has called for a bit of a pullback.
that was -- we looked at that coming in this morning with comments from george soros, a couple of the other economic indicators. so we were under pressure to begin with. but after the third amigo mr. kapler made his commentary that really took the bottom out. >> let me ask you about how unusual it is for the federal reserve to move in an election year, whether republican or democrat in the white house. they try traditionally to skew that because they don't want to be caught in political theater but sometimes the conditions warrant such a move. do they now? do you think they do? >> i think they do. i believe the -- again, the problem is they're left in a situation that is politically untenable at this point because if they had been the fomc for the united states of america they would have raised rates or allowed rates to naturalize, if you will, not necessarily tighten but naturalize over a year ago. because they chose not to and janet yellen and crew decided to be the central bank to the world, we are now left in a situation that is very untenable going into an election year
where she's -- we now know that mr. trump if he gets into office is not going to keep her around but even if they do raise rates it also may force the hand on hillary clinton if she unfortunately gets in. >> when you say keeping her around, can the p a federal reserve head or -- >> not renew. but they could also ask for a resignation, saying we don't think you're doing your job. not that that would happen. but those are the kind of things you would look for with what's been going on. and again, you can look back in history. i remember when we thought alan greenspan was the greatest thing since sliced bread. we now realize he was the architect of this disaster. >> you look too young to remember alan greenspan but i'll take your word. >> i'm older than you are, sir. >> ben willis, thank you very much. the fomc to which he was referring is the federal open market committee. they're the folks who gauge interest rates and respond to this and a number of those officials have said you know, some of these improving numbers, including some better than expected retail news out of the likes of t.j. maxx and of course
home depot may be the better part of valor is to get ahead of this thing and raise rates. we don't know. that could be a bit of a problem. speak of hillary clinton and speaking of that democratic race, the republican one as well, we've got two key primaries going on today. in kentucky and oregon. but it's what happened in nevada a couple of days ago that has a lot of folks saying what is going on with this party. it got obviously very heated, very nasty. very vocal. and it prompted a response today from no less than the dnc. and of course this comment, our democracy is undermined anytime threats, intimidation, physical violence or damage to property are present. what is debbie wasserman schultz talking about? elections in kentucky with the -- i guess the heat that won't go away from what happened in nevada. >> that's right, neil. when you look at this issue,
especially here from kentucky where senator bernie sanders is trying to continue his winning streak winning in west virginia and in indiana, there is this belief among folks in the sanders campaign that the dnc and clinton officials are taking delegates away from them. they think that is the case of what happened in nevada at the state party convention. they say that essentially the state party there and the dnc stole delegates and used the process to take delegates away from them. the state party says that is nonsense. we're now hearing from the sanders campaign on all this saying, "party leaders in nevada, for example, claim that the sanders campaign has a penchant for violence. that is nonsense. our campaign has held giant rallies all across this country including in high crime areas and there have been zero reports of violence." this is following reports of folks claiming that there are sanders supporters who were threatening particularly the state party chairwoman in nevada. this continues to go on. meanwhile in the u.s. senate, senate minority leader and
colleague of senator bernie sanders harry reid says he addressed this issue with sanders earlier today. >> the violence and all the other bad things that has happened there. so he said that he condemns that. i'm confident he does. >> 55 delegates at stake here in kentucky today. polls close 6:00 p.m. around this area, 7:00 p.m. eastern in the western part of the state. back to you. >> all rightish rich. thank you very much. big sanders supporter. he says they are not going to fall in line with the party elite. the party elite, for want of a better term, are now saying that this was all started by sanders supporters, not them. you say what? >> well, i mean, look, we have been frustrated a lot by this process. we've been frustrated by the establishment of the democratic party kind of not listening as much to what we have to say, and so i think what you saw in nevada was part of that
frustration. there was no violence. nobody got hurt. this was yelling and screaming and protesting. it was a political event. these people were part of that political event. they weren't, you know, infiltrating it. and so i think what you're seeing is the real kind of emotion coming from those of us in the sanders movement who want to make sure that our voices are heard and that the process is fair. >> you sound like you have your doubts. you sound like this process is not fair. because the hillary clinton folks come back and say, well, she got 3 million more votes than bernie sanders. and she has a big delegate lead. fair is fair. she's leading. you guys have to move on. you say what? >> well, i mean, look, we already have the super delegate process, which is an unfair thing that goes on in the democratic primary. i mean, it's an incumbency protection system. you know, hillary clinton has been the presumptive democratic nominee basically for eight years, right? and so you have had this whole machinery, the whole democratic party, the whole establishment, all of the major politicians
have been falling in line with her for the last two or three years in her presidential campaign. bernie sanders comes along with a new message, a new generation, a new kind of like emotion, and this is frustrating them. and i don't think they know how to handle it. and i think they better figure it out or else they risk alienating all of us in november. >> do you think it will get to the point where you get to the convention because the clinton forces say she leads by 300 assigned delegates, not including the super delegates so, that she's on her way no matter what you guys do. and for you to close that gap bernie sanders would have to get 90-plus percent of the vote in the remaining states. and for that matter hope and pray that the super delegates would make a switch-over to him. probably unlikely, not impossible but unlikely. do you think then you that and your colleagues can support hillary clinton? >> well, first of all, i think that in order for him to beat her in pledged delegates he on the has to get about 65% or so of the pledged delegates leading up to the convention. >> you think that's doable. >> it's possible.
i mean, look, and he's going to have a big win in oregon tonight. he's going to win kentucky. then he could win california really big as well. and he's going to have all the momentum. there's a possibility that hillary clinton doesn't win any more states before the primary season is over. and so hopefully at that point the super delegates will see that bernie is the better candidate, he performs better against donald trump in november. he has this new movement bringing a lot of new people into the campaign. and hopefully from there we'll see that the democratic party is really paying attention to this kind of stuff. as jeff weaver said in an e-mail last week, the campaign manager for the sanders campaign, the democratic party could be courting disaster. hillary clinton might be the only candidate left in the race that could possibly lose to donald trump. and bernie sanders is the last candidate in the race who is not under investigation by the fbi. he's not maligning whole groups of people like the republican nominee. and he's not impersonating publicists on the telephone. he's the best candidate for the democratic party and for the country. >> but you could support hillary clinton if push came to shove? >> i think me personally, i'm
not -- i'm kind of with hillary clinton the way paul ryan kind of is with donald trump. i'm not there yet. maybe some of us will get there. me personally, i'm not there, and i think that's the sentiment among a large swath of sanders supporters. >> you know, that's a have i good analogy. thank you very, very much. i appreciate it. >> thanks a lot. >> all right. do any of you remember this texas ranger second baseman who was seen pushing and punching an opposing player? he has a mean right hook. anyway, he has been suspended for eight games over this incident. that is according to the mlb network. eight games. they've never had a suspension like that for an incident like this. we'll keep you posted on his reaction to that. eight games he's out. all right. there is a sense here that when it came to this iranian hearing today on how the administration explained and sold this deal that they have some 'splaining to do. trouble is the guy they wanted to splain it didn't show up.
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who do you trust more to lead the republican party, donald trump 58, paul ryan 39. >> i hope it's donald trump. he's getting the nomination. he should -- he's wrapping up the nomination. good lord, i hope it is. because the person who's getting the nomination of our party is the person to lead our party. >> all right. that was paul ryan responding to a poll that said most republicans think that donald trump is better trusted to lead the republican party than he. former speaker of the house newt gingrich, rediscovering god in america. and who knows, possible running mate for donald trump. but all that's sort of tacky political, isn't it? speaker, good to have you. thanks for coming. >> good to be with you. >> what did you think of that response on the part of paul ryan? >> very smart.
>> yeah. >> it's true. look, the speaker of the house is very big in the house. but he didn't go out and run in all those primaries. he didn't get more votes than any republican in history. he hasn't been on television seven days a week communicating with the american people. the leader of the republican party today is donald trump. period. end of story. now, the leader of the house is paul ryan. and the leader of the senate is mitch mcconnell. and under our constitution if future president trump wants to get anything done he's going to have to have a good relationship with those two guys. >> do you think -- obviously, the thinking is that eventually paul ryan will come around to accepting donald trump as the party's nominee and endorsing him because as chair of the republican convention in that capacity it would be weird, wouldn't it? >> he wouldn't chair it if he wasn't supporting him. and he's made very clear that he'll do whatever trump wants him to and if trump doesn't want him to be at the convention he won't go. but i think trump does want him
to be at the convention. i know for a fact that the trump team and the ryan team have been meeting this week. they've been working through very practical issues. remember, if you're really going to govern, there are hundreds and hundreds of very specific questions that it's really useful to have sorted out. and what ryan has done is he's created an environment to say look, i want to work with you, i want to understand what you're going to try to accomplish, and by the way, as a guy who's been working on this a long time i'd like to share with you what i'm thinking. so it's a two-way street, and in a sense trump becomes the bigger partner and ryan is the junior partner, but they're partners. ryan is not a subordinate. the speaker of the house does not work for the president of the united states. he can work with him. but they are constitutionally separate positions. >> you though, you were instrumental in getting budgets under control and getting people off of welfare and working. now, you were in sync oddly wit president. but you guys were in sync on those key goals. the president realized he kind
of had to after getting his heinie handed to him in the midterm elections. be that as it may it would be problematic, wouldn't it, if donald trump became president and he had frosty relations with the speaker or they weren't on the same page. how are those reconciled? >> well, it would be much, much harder. in 1898 when that happened thomas reed, who's the first modern speaker, resigned and went home to maine to practice law. said look, i can't go along with president mckinley's program and continuities appropriate for me as the head of his party in the house to oppose him. so there are a lot of different ways to solve it. i would point out there's a certain mythology about dealing with bill clinton. we closed the government twice, and we closed it for a fairly long period of time, and we were in a knockdown, drag-out brawl, and finally the clinton white house said okay, we'll go along and balance the budget. it didn't happen because we were pals on a boy scout trip cook hot dogs. it happened because we in a very
muscular way took the clinton administration head on and forced them to concede the goals we had. >> hmm. and he spoke so highly of you. one of the things i want to ask you about is you're on that short list we're told of running mates for donald trump. how much credence do you put in that? >> i don't have any idea how long the short list is. i think if it's 200 i'm probably on it. >> we're told it's five or six and you are on it. i don't know how reliable that is. >> i know nothing about this stuff. i don't talk to anybody at the campaign about it. you know, i think that that's something -- there's only one person who matters, and that's donald trump. he will decide -- it's the first really big decision that will shape his presidency. i think he intends not to decide until sometime in july. and i suspect people will get pretty tired speculating about it sometime in the next two or three weeks. >> you've spoken to me and others publicly about his manner and his demeanor, how he comports himself as a presidential candidate.
do you think any of that ever comes back to bite you? like donald trump says i remember what he said about me. >> i don't know. and look, i don't try to say what i honestly believe. having figured out what it's going to mean in terms of relationship with trump. trump's a big boy. he's very tough. he's very smart. i tell him in private what i honestly believe. and i say in public what i honestly believe. i wish he was about 10% more presidential. that's not his style. i have a hunch this is the presidential style we're going to have to live with if he wins. >> are you worried about that style? you talk about a book coming up "rediscovering god in america," the rap against donald trump is he's pretty blunt, pretty crass with his language, and that that bothers a lot of religious folks. it bothers more than religious. how do you reconcile that? >> the most profound comment i heard-i was on with tim holz kamp from kansas and he said he doesn't want to let his 9-year-old son listen to trump because he's not sure what trump's going to say. and i think that's something that donald ought to take
seriously. a president of the united states has to be able to communicate with all 315 million americans. and for younger americans he has to be a role model. he has to be someone they can look up to. and i think we could use maybe a little more discipline and a little more self-restraint in that sense. he claims he's capable of it. every once in a while he'll say i could be presidential but you'd be bored. i think a little bit of boredom in terms of certain kind of language would actually be good because lots of young people take their cues from the president of the united states. i think it would be helpful for him to do that. >> there's nothing wrong with boring. i built a career on it. so let me finally get your sense of the pandemonium now on the democratic side. they're going to have a very divisive convention, it seems to me. what do you think? >> i think one of the great ironies of this year is that after 17 candidates on our side got down to one we're going to have a relatively organized positive convention in
cleveland. the democrats, who are now locked in a death struggle between a truly unbelievable candidate who has increasing distrust every week and a socialist, crazy bernie, as trump would call him, are finding that the bitterness is growing. nevada was an example. alaska this weekend was an example. i think they are in danger of having a convention that resembles 1968 in which the left simply goes berserk because they think they've been cheated by clinton and by the democratic national committee. i thought the other night in nevada, if i were a democrat that would have been a very troubling warning of what might happen when they go to their national convention. >> it is the flip side of what we thought would be the case. speaker, it's always good having you. thank you very, very much. >> take care. >> newt gingrich. >> when we come back, the rap against donald trump is we know what you did was herculean, now we want to get a sense of who you're surrounding yourself with. talk is that he's going to be
meeting with henry kissinger. now, who else is he meeting with to sort of get that brain trust around him? anyone who can make him a president who can deliver the goods. after this. ♪ ♪ (vo) making the most out of every mile. that's why i got a subaru impreza. love. it's what makes a subaru, a subaru. running a small business is definitely difficult. and we've been traveling a lot. hello welcome to holiday inn. the hotel becomes our mobile office. hi. holiday inn is an extension of our team. the boutiques are just right over here. good afternoon betsy, your samples are here. it's so great to know that there is a hotel like holiday inn that we can count on. lets do it! we work with manufacturers that employ veterans.
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all right. he is on his way to becoming the republican nominee, but a lot of folks want to see who he will surround himself with not only as he campaigns but should he make it to the white house. surrounding himself with a cabinet and advisers. to that end he is going to meet, that is, donald trump, with the former secretary of state henry kissinger tomorrow. john roberts outside the trump tower new york city with i guess a preview of coming attractions. hey, john. >> reporter: hey, neil. good afternoon to you. a meeting with henry kissinger is pretty much a check the box type of required thing for at
least a republican presidential nominee and even some vice presidents back in 2008. sarah palin famously met with henry kissinger. of course, long rich history with richard nixon and gerald ford. and you know, probably one of the most groundbreaking secretaries of state that we've ever seen. donald trump certainly wants to check that box, probably wants to hear what secretary kissinger has to say about his policies as well. because if you remember, neil, last week at a senate committee hearing former secretary of state james baker really went off on a couple of donald trump's policies. his idea that he would cut back u.s. involvement or at least funding of nato and the idea that he might allow japan and south korea to have their own nuclear weapons program. the trump campaign immediately requested an audience with secretary baker, which they had in the afternoon of trump's visit to washington just before he departed. they're playing this very close to the vest, too, neil. we don't know whether the meeting will take place here at trump tower or over at henry kissinger's office in new york city or when. we're trying to divine that information. we'll get it to you just as soon
as we find out. neil? >> all right, john, thank you very, very much. donald trump is still calling for an apology from british prime minister david cameron among others. but of all the horrible things that foreign leaders have been saying about him including the newly elected mayor about london, who's apparently not a big fan, and other foreign press ripping and ribbing him continuously, you've got to wonder what trump's posture should be or is it so unique? it turns out historically it is not. and that riles a lot of trump folks and all. but when it comes to republicans or maverick candidates, just talk to ronald reagan. just talk to a host of others who were not foreigners' cup of tea. presidential candidate doug reed, historian extraordinaire on all this, he is looking at this and saying nothing new here. doug, i'm looking at this. you're a great student of presidential history. it has happened before with ronald reagan, hasn't it? >> oh, very much so. trump is reagan in many
respects. i had the very humble privilege of being on the speaker circuit with reagan and sitting backstage with him. you look at these two men. they were both democrats. they were both in show business. they were both divorced. they're almost exactly the same on some of these issues that conservatives today are saying exactly the same on life. both for reduced spending. both for reduced government. they're the same on defending the second amendment. and the issue you just brought up, trump and reagan both put american jobs first, and that made them instant enemies all over the world. europe. i traveled all over the world during reagan, and i think south korea was the only country that liked america during that period because reagan was restoring america's greatness at bringing jobs back home. china doesn't want jobs to come here. and neither does europe. so they're going to favor hillary clinton and the status quo. >> though they do like it when the world economic environment is humming.
then all of a sudden he's practically churchill. but having said that, this does seem to happen disproportionately with republicans over democrats. democrats are just greeted more favorably in the foreign immediate y. and the foreign press than you see republicans. i mean, this latest example of george clooney, you know, ripping donald trump at the cannes festival. so that's to be expected. how should trump respond? or should he bother? >> well, you know, i don't know. he is what he is. we're getting a look now, a lot of the young people who never saw reagan, it's a different personality, but similar in the leadership, similar to george patton the general. someone who -- patton used to trash talk his opponent before he would fight them. just like muhammad ali would trash talk sonny liston before he fought them. >> he would also trash talk his commander in chief, which got him in some trouble. >> it got him in trouble.
>> but he was a general. i understand. some of these others who are big backers of trump helping to raise money for him say that maybe we need someone that blunt to shake things up. and as you reminded me, doug, style can make a big difference. demeanor. how you approach things makes a big difference, doesn't it? >> a big difference. and you see trump trash-talking isis. that's what reagan did to iran. and on inauguration day they let the hostages go rather than tempt fate and see what he might do. machiavelli once said sometimes it's in the interest of a prince to affect madness. and that's what richard nixon did to get the north vietnamese to the peace table. we've got a character in donald trump. trump, patton, reagan, these are leaders. and patton once put it this way. very famous quote. he said lead me, follow me, or get out of the way. and that's what you get with donald trump. >> yeah, you might be right. we'll see what happens here. all right, doug, thank you.
meanwhile, we're getting an update on the justice department being evacuated. alarms are sounding throughout the main doj building. we don't know what's going on here. and people are being told not to use elevators. we'll keep an eye on it here. but so far they're just evacuating the building. we don't know what precipitated the evacuation, whether it was a call-in threat but they're following through orderly we might stress. meanwhile, hillary clinton is looking to break a losing streak with at least a win in kentucky. it's a closed primary state. by that i mean independents cannot participate in this. allison lundar gann grimes, the kentucky secretary of state on that after this. think fixing your windshield is a big hassle?
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you can cut the tension with a knife. in lexington, kentucky the scene of today's crucial primary for democrats. 55 delegates up for grabs. and these people cannot contain themselves. well, maybe they can. whoa, whoa, whoa. where did this dude come from? yes. is this where i vote? okay. maybe not. what's the couch for? do we know? still early. after work. i'm sure -- look at this one.
>> is that a thoroughfare? just a hallway? machines are there, absolutely. but the crowds are coming. don't you think for a second that -- it will get pretty tense. allison lundergan grimes, kentucky secretary of state. good to have you. >> thank you, neil. glad to join you. >> i'm sure the crowds are bigger. maybe other polling points. this particular lexington one isn't showing it yet. how do kentuckians normally vote? later in the day? how does it go? >> we are seeing light turnout across the commonwealth today, especially for republicans. thanks to rand paul, the republicans actually held a caucus back in march. so i spent the better part of my time trying to educate folks across the state, especially our republicans, that they actually have a reason to get out and vote today. u.s. senate races as well as u.s. house races and local races across the commonwealth. but we are expecting turnout likely to be above where we were
four years ago. and around 20%, approximately 1 in 5 registered kentucky voters showing up today. >> all right. now, of course we have more people than we had four years ago. maybe that isn't a big deal. but you do think that you don't still have a respectable showing. i guess what i'm asking as well is this is a closed primary. by that independents, outsiders cannot vote. that is something that presumably would help hillary clinton. do you agree that this is a perfect state for her to win? >> well, i think the dynamics are different in this state than they are for, say, in west virginia. it is a closed primary. independents cannot participate in the partisan election, but we do still have a host of judicial races that are up that they can participate in. and importantly, our deadline for those that are already registered, if you're going to change your affiliation to change your affiliation if you're already registered was at the end of last year, december 31st. new registered voters obviously
could affiliate up through april 18th. but at the end of the day participation is not just factored upon the weather. it's things like the ability for early voting. and we don't have that here in this state. >> that's interesting. secretary, you know, hillary clinton has a huge delegate lead. she wants to switch the drama now not so much to whether she closes the deal soon, although she could. 143 delegates shy. but who she's going to pick as her running mate. and virtually all the names i've seen have been even more liberal than she if possible. so i'm wondering given the fact that you're a moderate leader in your state, whether moderates are just being pushed aside in favor of doubling down on going hard left. >> i think that what we saw from secretary clinton coming especially over this past week, she and her family have been focused on the commonwealth, not because of some mathematical equation that's necessary for
the nomination but because of the connection that they have with the state and especially its people. especially the eastern part of kentucky. they know under president clinton what the economy was like, and her focus to try to revitalize, especially -- >> no, i understand that, secretary. i'm sorry. i wasn't clear. but that a lot of the choices that apparently are on that short list of potential running mates, they're pretty hard left men and women. i mean, is that wise? >> you must be privy, neil, to something that i haven't seen yet. and obviously i spend quite a bit of time with secretary clinton over the past several weeks, and her focus remains on talking to people all across this nation, especially in kentucky-b her plans to revitalize the economy. >> all right, secretary. thank you very much. allison lundergan grimes, the kentucky secretary of state. all right. by now you've heard about the dust-up over these transgender bathrooms. whatever your views on the subject or whether schools and public institutions have to turn
everything upside down to accommodate these new rules or potentially risk funding, the texas governor says step back and think about whether the federal government should be telling any state what to do. he's next. we asked a group of young people when they thought they should start saving for retirement. then we asked some older people when they actually did start saving. this gap between when we should start saving and when we actually do is one of the reasons why too many of us aren't prepared for retirement. just start as early as you can. it's going to pay off in the future. if we all start saving a little more today, we'll all be better prepared tomorrow. prudential. bring your challenges.
all right. whatever your views on transgender bathrooms or the like, the fact of the matter is washington says deal with it, start making some changes fast. texas governor greg abbott telling me earlier, who are you to tell us that? >> the president is using fiat to determine what the laws are. the united states of america was a country built to get away from the rule of a king, from the rule of man, and get to the rule of law, and we are undermining the rule of law in the united states of america with this decree from the president. >> governor, the president says he will win out, the courts will
decide he's right. obviously, making no reference to congress. >> of course he said that. however, he did not tell you that he lost last week in a court where his decree about obamacare was overridden -- >> the funding issue. >> he didn't mention how he'd lost at the united states supreme court with regard to the clean power plant his decree about global warming. >> he's appealing that obamacare funding thing. but let me ask you this. do you think that north carolina, maybe prior to that, charlotte mishandled that by jumping to a law in charlotte, to -- and then all of a sudden north carolina said no, no, no, wait a minute. could this have been handled without slapping laws down either way? >> we actually went through this in texas. and i'll tell you how it happened in texas and how it's all washed out. the mistake, if you would, by charlotte, and i'm not sure they took a vote citywide. i don't think they did. >> they did not. >> and statewide they did not take a vote. in houston, texas a decree was issued by the leaders of the
city and the citizens of the city went nuts about it. and so there was a referendum called. and when the referendum was up for vote, the citizens of the fourth largest city in america voted it down. and that was in november this last year. and it caused no economic chaos. it caused none of this public hand wringing that we've seen, in part because it was a decision by the people. >> so if oregon is for this type of thing oregon can do its own thing. texas is not, texas does its own thing. the reason why i ask the question is because the president comes back and says, well, we can't have 50 different policies running around our country. >> but the way the constitution was designed, the way the united states of america was designed included the tenth amendment which said all laws and powers not delegated to the united states are reserved to the states. this power is not delegated to the united states of america. hence, it is reserved to the states. >> the president had been
comparing, loretta lynch, his attorney general, this treatment of transgenders as akin to the jim crow laws. what did you think of that? >> it is offensive. but also ignorant for her to say that for this reason. if you would, she related it to race-based laws. race is based upon biology, science. the democrats pride themselves on being the party of science. here, though, they are ignoring science. it's the science of designation of gender status at birth. you're either a male by birth or a female by birth. 99.9% of the times you have double x chromosomes or xy chromosomes. >> what about if i'm male by birth and i don't feel i'm a male by birth and i feel i'm a woman and i want to go to the woman's room? >> that is not science. >> so i would have no right to go to a woman's room in that event? >> well, it depends on what the governmental body wants to decide. by law you would not have a right. >> okay. so oregon's saying, yeah, that's
the way to do it. it's different than a state like texas saying, well, we're going to handle this on a case-by-case basis and not establish a law per se. >> if we're going to be a country that operates under the constitution, that includes the tenth amendment, then it should be a state by state decision. >> you know, governor, the one thing -- there are .3% of 1% of the population. maybe many more feel this way and just haven't shown it yet. but they are effectively dictating policy now across the country for 99.7%. what do you think of that? >> a, that's wrong. but b, put that aside. >> i think my stats are right. >> your stats are right. the only -- >> that's a stretch for them to push that much of a minority to the will of the people. >> why should more than 99% of
the girls and boys who go to high school be forced to go through the process that's being dictated by less than, you know, 1/2 of 1% of the people of this country. but put all that aside, as you said earlier. that's not the issue. once we start talking about social engineering, we get away from the core principle. the core principle is what i outlined in this book right here, and that is whether or not we are a country based upon the constitution or we're not. once we get away from the constitution, then we are subject to the whims of the blowing winds of whatever the feelings are at that particular time. >> so when people look at you, governor, and say you're in a wheelchair, you've had enormous -- overcome enormous odds, so those who know your position on this say certainly this type of guy should be sympathetic to us. >> i am sympathetic to everyone in the united states of america. however, what i do know, if we
abandon the constitution we will no longer have an america that can be sympathetic to everyone. >> all right. texas governor greg abbott. well, hillary clinton making it clear she wants bill to be her economic czar. who is donald trump's going to be? i think i found him. i think he's next. test. test. test. test. test. test. stest. test ♪ what are you doing? sara, i love you, and... [phone rings] ah, it's my brother. keep going... sara, will you marry... [phone rings again]
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clinton, right? >> i think that's a really big stretch. all i want to do for him is raise money for him and get the campaign organized. we're a little bit behind, neil. >> you're a lot behind. not you, but he's got to raise a lot of money, fast, right? >> we're entrepreneurs, we can . i'm pretty confident we can catch up and raise the critical mass amount of money nez nessry. we've got a big fundraiser next week in l.a. i was with donald trump yesterday talking about that. putting a very healthy list together. i think we can catch up. but i'm not an economic czar. i love the fact that -- >> i don't think that we've ever had an italian czar. it would be an unprecedented step. you ought to remember your friends, if that were to happen. just saying. >> you want to be in the cabinet, neil? >> i want you to give me the first interview.
>> let's look back at how this stands. you made a great entrepreneurial case for donald trump. you're reaching out to sort of squeamish republican establishment types, including those you backed earlier in the race. who might think that donald trump is not their cup of tea. but you essentially argued that he is far better than the alternative choice, right? >> well listen i spend more time with him, it's no jet skret that he wasn't my first choice, but i'm a team-oriented republican, neil. so he is the nominee. i met with him three weeks ago and said look, what can i do to help you? he told me what i can do and now i'm doing it. so i wrote that piece, because i think it's very important for people to understand that he's an adaptive human being. this is a guy -- >> is he too adaptive? the rap is that he gets is that he pivots a lot, changes positions a lot. he's for tariffs, not for tariffs, he wants to renegotiate debt, doesn't want to.
what do you think? >> all politicians pivot a lot. think we try to nail them to certain principles. they start to pivot and then we set our hair on fire and try to pretend that they're flip-flopping. think what donald trump is saying to people simply, there's a whole range of options on the table. we'll going to be out of the box thinkers, not only in the campaign, but in the administration, it's not a scary place to be. this is a very, very thoughtful guy. >> i thought he hated guys like you, or at least your profession, the big investors, hedge fund guys, many of whom have not been keen or reticent. how do you win those over. >> i think he's clobbered the hedge fund guys, to the great delight of the middle and lower class. he's gotten more turn-out as a result of doing that. than any other republican nominee in primary history. so is that something i love about him? no. we've had that candid conversation. i think he's -- >> how did that go? >> well listen, it was spirited,
we're both new yorkers that are prone to rhetorical flourishes, the good news about candidate trump is that -- >> i've known you for a while, your rhetorical flourishes are not like his. >> they're a little more measured. he's running for a big job, i think he's going to win, neil. you're going to want to have super-smart people around him when he does. >> watch closely, anthony scarramucci of skybridge capital. i think we have the latest on this clearing out going on at the justice department. more after this.
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megyn, he had $515 million annual income and network of $10 million. not the same as releasing tax returns and the campaign just releasing that now. and the justice department all clear of evacuations, stop, all is good, "the five" is now. hello, i'm kimberly guilfoyle along with juan williams, eric bolling, dana perino and greg gutfeld. it's 5:00 in new york city, election day in two more states, and this is "the five." the first polls close in kentucky's democratic primary in one hour. 55 delegates are at stake. in oregon, 61 delegates are in play. can hillary clinton end her losing streak against bernie sanders? more on that ahead. a gop primary is also under way in oregon. 28 delegates in