Skip to main content

tv   This Week With George Stephanopoulos  ABC  September 16, 2018 8:00am-9:00am PDT

8:00 am
the most personal technology, is technology with the power to change your life. life. to the fullest. >> announcer: "this week" with george stephanopoulos starts right now. >> florence crawls through the carolinas. in some areas dumping more than two feet of rain. >> the water is rising fast everywhere. >> the monster storm causing extensive damage and catastrophic flooding. is the worst still to come? an update from the commandant coast guard briefing the president. the very latest on the ground in north carolina. a stunning about face. president trump's former campaign chairman has gone state's witness. paul manafort agreeing to cooperate with the special counsel. what will he tell robert mueller? we break it down with white water independent counsel ken
8:01 am
starr and norm eisen. plus taking on trump, the president is hitting back calling j.p. morgan chase ceo a nervous mess. saying he doesn't have the aptitude to run for president. will the wall street titan go toe to toe with trump in 2020? what's fact and fiction and matters "this week"? >> good morning and thank you for joining us this sunday. after making landfall friday, florence still wreaking havoc in the carolinas. the slow moving system is now a tropical depression causing major flash flooding and record rainfall leaving hopes and major roadways under water, parts of north carolina have been inundated with over
8:02 am
30 inches of rain. florence has claimed at least 13 lives. the coast guard are performing search and rescue missions to save those trapped in their home. one of the biggest concerns now is rising river levels that could make a bad situation even worse. abc's eva pilgrim has been following this storm and joins us from fayetteville, north carolina. eva you're inland where florence will wreak the most havoc. i understand officials are predicting flooding beyond anything they have ever seen. >> let me show you what we're looking at. this is the little river here. it's moving very quickly and it's very high. you can tell that when you look at the proximity of it next to the bridge. it's risen about ten feet. they've had about eight to ten inches of rain in this area. they were expecting another eight to ten inches. the highest it's been before was hurricane matthew in 2016. it was about 31 feet.
8:03 am
they're predicting this river will crestuc at about 35 feet. it's off the ruler here. sarely water and puts into perspective why they don't want people to be in this area when the river crests. jon. >> we heard the mayor ordered a mandatory evacuation this afternoon saying anybody who doesn't leave should be notifying next of kin. that sounds pretty dire. are people heeding the warning? >> we drove around and looked at these neighborhoods. a lot of people are in their homes. at this point they've got about eight hours to get out. a mile within this river, also the cape fear river they've put a mandatory evacuation order as well. it all goes into effect at 3:00 p.m. today. the reason is when you look at other parts of the state that are under water, they're having to do water rescues.
8:04 am
the to go rescue people with choppers to get them. jon, they don't want that to happen here. >> eva, thank you. >> let's bring in the director of emergency management. you issued a warning yesterday saying the flooding is only going to get worse. how bad is it and how bad do you expect it to be? >> it's bad right now. we do expect it to get worse over the coming days. we have over 1,000 search and rescue personnel who are out with over 200 boats. we have 36 helicopters in the air or available to us. to perform search and rescue operations. we know it's going to be a major mission going forward. this is historic and unprecedented flooding. >> you witnessed a lot of major storms, a lot of big hurricanes in north carolina. how does this one compare?
8:05 am
>> i would tell you that this is one that's for the record books. we have had unprecedented adom coastal storm surge that was well-predicted by the national hurricane center. we had some high winds. ed -- i will tell you the winds ended up thankfully not being as high as expected. we had the triple threat. we had a lot of damage to north carolina january homes. we have a lot of work cut out for us. we're still in the response phase right now. >> i know you're still in the response phrase. there's a lot more rain and flooding expected. do you have an initial assessment of just how bad the damage is and what it is going to take to recover? >> i can tell you that we've already received an expedited
8:06 am
disaster declaration from the federal government. we're looking to add more counties to that. in the coming days this will be a long-term recovery. as you know we're recovering from hurricane matthew in october of 2016. it will be a massive long-term recovery. as i said, we're in the midst of a very aggressive and large response at this time. so for people that have been asked to evacuate, we really want them to heed the advice of their local officials and evacuate. >> you're at the state command center in raleigh. are you getting everything you need from the federal government right now? >> absolutely. we have an incident management assistant team. i have a federal coordinating officer with two deputies here. we have our region four administrator right here with us. we have a large number of urban search and rescue teams, swift
8:07 am
water teams, the coast guard, all here from the federal government to assist us. it's a full team effort. they're integrated into the response team north carolina, one team, one mission. >> thank you, director. we look forward to talking to you soon and getting another update. thank you. thank you. >> thank you. >> joining me now in washington is the u.s. coast guard commandant. he oversaw hurricane marias and harvey last summer. he is taking a lead role in the federal response to florence. there are 3,000 coast guard members in the disaster zone. some taking part in dramatic helicopter rescues that have saved 57 people. he's also been briefing the president on the latest developments. thank you for joining us here. >> good morning, jon. >> when did you last give the president an update? what did you tell him about
8:08 am
situation? briefing with the president yesterday and the previous day. we gave him an update, the department ofand security, health and human services and the white house team. we talked about the risk the storm poses, prolonged flooding. we gave him an update in the theater. the president is completely in and anything the feds need to do to support the locals in north carolina and south carolina, we feel fully supported. >> we see the dramatic helicopter rescues. 57 people already saved by the coast guard. are you confident you have the resources in place to get to all of those who need evacuation in the days ahead? >> i absolutely feel very confident. we have 28 aircraft in the region. rotary wing helicopters, jay hawks and smaller dolphin helicopters, 11 fixed wings. we're part of the federal team. there's national guard resources available.
8:09 am
teams in north carolina and south carolina. they're part of the team that michael talked about that are local, state and feds working together. the partnership is strong. the dialogue is good. we've got the right connection li liaisons. we're ready to continue to respond to this challenging situation. >> what's your biggest concern? >> the rising water. you heard reports of 24 inches of rain in wilmington. today there's potentially 15 inches more. the storm is moving very slow. it went from two to three and almost stagnant yesterday. it's southwest of south carolina. it's going to be in the state another 24 hours before it moves up to the ohio valley. we're looking at a high water situation. the rivers potentially crest into the early part of this week. we have not seen the worst of the flooding. people need to heed the warnings from their local experts and stay on safe ground. this could be a more catastrophic flooding situation before it's over. i'm concerned that people make
8:10 am
good choices, they stay advised and in tune. i can assure you the local, state and federal team is ready to continue to respond. >> as with harvey, the worst came after the storm. >> every storm is different. this was forecast to be a category 4 or 5 storm. everyone was thinking about the winds. it downgrades to category 1, but it's persistent. it's very much in many regards like a harvey that sat still and dumped 52 inches of rain in houston. the water is what gives the most risk to people. >> before you go you have to ask you about the president's comments on about puerto rico and hurricane maria. you were intimately involved in the hurricane maria effort. coast guard did a lot of work in puerto rico. the president called that an unsung success. is that the way you saw it? >> i'll tell you this, every relief and every storm is different. we're seeing that play out. i spoke a little bit about florence and what was predict and what was actual.
8:11 am
the response to maria was massive in terms it's an island which makes it challenging. the supplies lifted in by sea and air, i have 600 plus men and women that call puerto rico home. they work out of there. we leaned in with every bit of energy we could. i saw my fema colleagues working hard. the dispute about numbers, those are locally generated numbers. i believe the department of homeland security welcomes transparency. i'm focused on this storm. we want to make sure we're protecting the citizens of the carolinas. >> you saw the devastation firsthand. you don't have any reason to doubt the official death toll, do you? >> i'm not calling any numbers into doubt. as our team was part of it, we were very much supported to be helpful. it's a challenging area. the locality, you go from san juan to remote areas. we had men and women flying materials in, off duty carrying water and things like that in. i saw what i saw and i know the
8:12 am
fed efforts were committed to the citizens of the commonwealth of puerto rico. >> thank you so much. >> thank you, jon. >> the round table up next including president trump's response to puerto rico one year later. up next our legal experts break down the significance of paul manafort's guilty plea and his cooperation with the mueller investigation. what can it mean for president trump? we are back in just two minutes.
8:13 am
who transition out of the u.s. formilitary every year...ers of the toughest parts is the search for a job that takes advantage of the skills you've gained while serving. you can now search with the phrase 'jobs for veterans' directly on google... ...and then enter your military occupational specialty code. google brings together job openings from across the web that match the skills you gained in your military role. just click to apply and use your experience to guide your future. but prevagen helps your brain with an ingredient originally discovered...
8:14 am
in jellyfish. ♪ traders -- they're always looking for advantages. the smart ones look to fidelity to find them. we give you research and data-visualization tools to help identify potential opportunities. so, you can do it this way... or get everything you need to help capture investment ideas and make smarter trading decisions with fidelity for just $4.95 per online u.s. equity trade. fidelity. open an account today. ♪ he's agreeing to cooperate. do you expect he'll do so fully and thoroughly? >> we do. thank you. >> that was abc's pierre thomas talking with paul manafort's attorney kevin downing on friday after the former trump campaign chairman pleaded guilty to
8:15 am
lesser charges of conspiracy in exchange for cooperating with special counsel robert mueller's instigation. manafort becomes the fifth and highest ranking trump campaign official to plead guilty to criminal charges and agree to share what he knows with investigators. his arrangement requires him to answer fully, truthfully, completely and forthrightly questions about all matter and to furnish documents and other relevant materials. he agrees to testify at any court proceeding and waives the right to have counsel present during interviews by investigators. joining me to discuss what this mean, ken starr, author of the new book "contempt, a memoire of the clinton investigation" and president obama's ethics czar norman eisen the author of "the last palace."
8:16 am
judge starr this development surprised a lot of us. were you surprised to see manafort plead guilty and agree to this corporation? >> no he was under tremendous pressure. if i were his counsel, i would say paul we had our shot. he had his opportunity before a jury. he was convicted by a jury on a number of counts. given the seriousness of the charges, he did the right thing. he did the smart thing. >> you've been in mueller's shoes trying to get agreements with witnesses. given what mueller offered here, a cap of ten years for all those charges, how significant would the proffer have to have been from manafort? >> there were three days of negotiations we're led to believe. we don't know. i would say that, it is very likely that paul manafort has indicated through his counsel and directly that he can provide
8:17 am
helpful information, useful information to get to the bottom of what bob mueller and his team have been charged to do. it's a very significant break through. having said that, from my own experiences as i recount into the book, you enter into an agreement -- webb hubble -- we didn't think, an echo of the past, cooperated with us. we entered into an agreement with jim guy tucker, very similar situation to paul manafort. turned out he didn't have as much information as we thought he would. the key is -- >> monica lewinsky did. >> that's another part of the story. >> truthfully, there's adverbs that were used that are very important, fully, truthfully and so fart. will the witness in fact -- will paul manafort be truly forthcoming and give more than what the typical cooperating witness gives you which is 80%. will he give 100%? not make stuff up. people say he'll say anything the prosecutors want him to say.
8:18 am
no. bob mueller is an ethical guy. he's an honest guy. he will say as we would say to our witnesses, we can deal with the truth, whatever the truth is. what we can't deal with is lie. >> norm, you've known robert mueller for decades. what's your read on what he expects to get from paul manafort? >> well, jon, thanks for having me back on the show. pleasure to be here with my friend judge starr. bob is highly ethical, but also among the most rigorous -- i would say there is no prosecutor alive more rigorous than bob. i don't think given the nature of the fight that manafort put up, the seriousness of the crimes and the power of the evidence of those crimes that this deal would have been offered absent some very powerful evidence. in our profession and those who defend and prosecute criminal
8:19 am
matters you only get a deal like this if you go up the chain. who is up the chain from paul manafort? he was the chair of the trump campaign. >> not many. >> don jr., roger stone, the campaign itself and perhaps ultimately the president. i think there is a substantial -- we don't know for sure, the judge is right. there's a substantial possibility that this evidence that manafort is offering will implicate somebody up the chain. >> judge, we heard alan dershowitz who has been positive about the president saying it's a huge win for mueller, opens up a lot of doors that haven't been opened. in terms of the russia investigation. at the same time we hear a dismissive reaction from the president's legal team. this is meaningless, has nothing to do with the president himself. who is right?
8:20 am
we don't know. >> we don't know. understandably it would be dismissed by the president as a nothing burger, there's nothing to this. i think alan is right. bob mueller has someone cooperating with him. he was on the other side of the courtroom fighting every step of the way. now you have paul manafort saying i'm now here to help. i'm going to be honest and truthful. by the way, if manafort is not truthful, the deal is off. it's the prosecutor who makes the determination whether the witness is living up to the agreement of being truthful and cooperative. we don't know. >> the way bob mueller -- i have worked with bob mueller. the way he's looking at it is i'm now looking to getting to the bottom of the original natsinatissue of collusion. what paul manafort was doing in his representations and violations of federal law are all prior to the trump campaign and so forth. there's ancient history to what he has plead to.
8:21 am
now he was of course the campaign manager. this is a very helpful thing for the american people. i know that the nation is so divided. we should want the truth. let's get the facts out. let's not have fake news. let's just have the truth. i think mueller is in a situation to help us do that. >> manafort has been in the joint defense agreement with the president's team. how does that complicate things? does that go away? >> the joint defense agreement does go away now. joint defense agreements are founded on common interests. the interests have diverged. what doesn't go away is privileged information that was shared by the president and his lawyers with manafort and his lawyers originating from trump. during the agreement. it's the same as if president trump had provided that attorney/client privilege information to his own lawyers.
8:22 am
that's protected. manafort can't say here is what i heard the president said about the trump tower meeting. manafort can speak fully and completely. the reason i believe this is a pivotal turning point and the judge knows this full well from his investigation which secured 14 convictions -- manafort is a sherpa for the key moments. he is somebody who can come to court and explain for the first time we have somebody who was at the infamous trump tower meeting. we have his notes. he can explain his notes. he can talk about the run-up to that meeting, the afterwards. >> how significant is the agreement that says he will talk to investigators and answer their questions without his attorney present? >> i think it's enormously again helpful to doing what, let's get to the truth of the matter. it's hard to overestimate the
8:23 am
sense that prosecutors have. we want to get to the bottom of these issues so we have all the facts and can assess the facts. it's all the more helpful that paul manafort said you have me and i'm going to give you the truth and nothing but the truth. this is really good for the country. >> what happens if the president pardons manafort at this point? >> he has the power to do that. then it becomes an issue is that an abuse of power by the president in light of an ongoing investigation. i have a very different view of obstruction of justice for a number of folks. >> which is a topic for another discussion. what happens if he is pardoned? does the cooperation cease? can manafort walk away from all this? >> the pardon, if anything, creates more exposure because
8:24 am
once you have that pardon, there can be no claim that you have any additional -- that manafort has any additional fifth amendment risks. so you can just drag manafort and throw him in the grand jury. that's going to happen anyhow. this evidence is coming out. i really -- >> the pardon doesn't stop this? >> the pardon in my view only hurts trump. it only digs the hole deeper. i think this week is going to be looked back on as a historic turning point. >> we're just about out of time. predictions from both of you. how much longer does this go on? is this an indication that the mueller investigation is really just beginning or wrapping up? >> depends on what paul manafort has to say. what is he pointing folks to? it may be that he points -- the things he points to is handed off to others in the justice department. bob mueller may say i did my job. here's my report to the deputy attorney general.
8:25 am
>> when do you think this ends? >> having just completed the history of democratic inflection points over the past 100 years, jon, as seen through the windows of that house that the judge -- i was pleased to welcome the judge and his wife alice to see me there. this is the -- i believe not the beginning of the end, but the end of the beginning for donald trump. we have seen a new chapter. he's not going to survive manafort's testimony. >> very chuchl churchhillian of you. judge, norm, thank you for joining us. we'll be back in the power house round table. what does it mean that trump's approval ratings are down and mueller's are up? is already moving-beyond. beyond wifi that just connects. to wifi that thinks about what your customers want. beyond the reliability you expect.
8:26 am
to knowing that if the power goes out, business goes on. ♪ ♪ beyond chasing down network problems. to a network that shows you when and where there's an issue. comcast business. beyond fast. ♪ can i get some help. watch his head. ♪
8:27 am
i'm so happy. ♪ whatever they went through, they went through together. welcome guys. life well planned. see what a raymond james financial advisor can do for you. hebreakfast makers, takers, step counters, outdoor explorers, faith restorers, appointment keepers, fantastic creatures. farmer's market goers, cholesterol lowerers cell phone silencers. the new lease on lifers, and the positive thinkers. here's to you all that see every day as an opportunity to thrive your way.
8:28 am
back now with the round table. chris christie, now an abc news contributor. democratic strategist donna brazil. jonathan swan and tamara keith npr white house correspondent. governor, did this plea deal for manafort and the extent of his cooperation surprise you? >> no. he was facing the rest of his life in jail. in my experience as a prosecutor when someone is facing significant time in jail, their willingness to stay firm becomes much less so. i think we don't know the significance this will be ultimately, jon. only bob mueller does. i said right from the beginning, one of the things that made mueller a serious and dangerous prosecutor is he has not let his operation leak. we don't know what -- is paul il
8:29 am
manafort cooperating as other lobbyists from the possibly. is he cooperating against people in the trump campaign? it could be both or either. bob mueller won't let us know. >> he pleaded guilty to conspiracy against the united states of america. it has broad implications. i'm no lawyer. that's why i'm sitting next to you. paul manafort said he would not flip. he's flipped. he's cooperating. if he fails to cooperate and give the prosecutor what he wants, we know the counts that wants, we know the counts that perhaps he wasn't charged with in virginia perhaps may come back. bob mueller can finally get to the bottom of this case. i hope we find out the real truth so we can prevent the kind of meddling we saw in 2016. >> the judge was right in viin the judge said the only reason these charges were brought was to squeeze bob mueller and
8:30 am
mission accomplished. >> we heard from rudy giuliani nothing to see here. nothing to do with the president. no concern. do you think they believe that? >> there's literally nothing else rudy giuliani would say in this situation. i'm not put ago lot of stock in that. >> how worried are they? >> i don't know. they're not going to tell me. i talk to all the -- >> you do a good job of reading the body language. >> this stuff they're buttoned down on. something that really gets to the core of it. on the manafort situation, it is actually a substantive story. we hear every week so much noise about mueller. this one actually matters. he was there at the center of it. if anyone had the capacity to collude and have high level contacts with putin's inner circle, paul manafort -- >> he was chairman of the campaign at the time. >> he was. he was at the core meeting at trump tower with don jr. and
8:31 am
jared. >> the one thing we've heard from the president is more talk about the witch hunt. >> exactly and it's not surprising he would go back to the witch hunt. as the governor said, it's fascinating that robert mueller has been silent. you don't hear from him at all. the only person making noise is the president of the united states. he keeps talking about the investigation. yet mueller's ratings are up. >> let's go back to what the president tweeted about mueller. i feel badly for paul manafort and his wonderful family. justice took a 12-year-old case and applied tremendous pressure on him and unlike michael cohen he refused to break, make up stories to get a deal. such respect for a brave man. governor christie, you know the president better than any of us. why did he not pardon paul manafort before this? >> it was politicly impossible to do so. >> he wanted to, didn't he?
8:32 am
>> i don't know if he wanted to. it's politically impossible to do so. the president is not a stupid politician. he knows that that would have cost him congressional support for sure on the republican side of the aisle. if anything looks like you're trying to impede the mueller investigation is a red line for republicans in the house and more importantly the united states senate. the president knew that was not possible. the bigger thing is that was accurate a month ago. what he wrote there was accurate a month ago. >> is it accurate today? >> no. he flipped. >> is he a brave man? >> he might be a brave man putting his family first. >> does the president still have great respect for him? >> i haven't spoke to the president. i can't speak for him. manafort decided to put his family first. we heard that from michael cohen as well when he did what he did. what the president wrote in the beginning of the tweet is
8:33 am
important to focus on. it's exactly what bob mueller did. he took a 12-year-old tax case that had been passed on by the justice department before. he used it to squeeze paul manafort to get him to cooperated. he succeeded. some people find that operation by the justice department really, really distasteful. >> you don't? >> no. what i did as a prosecutor was do whatever i needed to get to the truth. the key moment was when rod rosenstein appointed bob mueller. there were lots of other people he could have appointed. lots of other really credible prosecutors he could have appointed. you know what bob mueller's reputation is inside the justice department? i was there when he was head of the fbi. he's a killer. >> jonathan, sean hannity came out on his radio show and said trump is likely to fire mueller soon, perhaps as soon as the hurricane passes. does sean hannity know what he's talking about? >> he has the access to the president to be able to make
8:34 am
comments. i haven't -- you know, trump likes to put this stuff out there as sort of -- he throws it out there like chum. i don't think he's serious. he has contact with people in the senate. he knows how they feel about this. that is a red line. it would cause a revolt in the senate. that's the path to impeachment. it would be an act of self harm. do i think hannity is working as -- perhaps maybe throwing out stuff trump might want him to throw out there, possibly. >> i want to switch to hurricane maria and this dust-up that the president brought on himself. he's questioning the death toll. what's fascinating to me, tamara, is we have not heard from the president -- we haven't seen him in public since he first came out and questioned the death toll. the white house -- i mean, what's going on here?
8:35 am
>> the president is doing the typical sort of trumpian cycle. he says something that has to be fact checked. it gets fact checked. then he fights back. he digs in and that's where we are right now. he's completely dug in on the number with the death toll. everyone around him seems to be saying there are other things to focus on like the current hurricane that is still going on, though tropical depression. >> there's a few things about trump that can't be emphasized enough. the governor knows this. he's obsessed with numbers. he always needs a score card for everything he does, whether a poll or anything. the other thing is, we talk about his obsession with obama. he's also fixated on george w. bush. once thing he was talking about last year was bush and katrina. that's on his mind. he watches the coverage. it's always a review about him. he sees everything through the prism of donald trump. it's impossible to separate
8:36 am
himself from the story. >> 2,975 people. puerto ricans are still mourning their dead. the most important thing after the storm passes is the response. you know this governor. you were there firsthand. >> yep. >> people need medical attention. they need prescription drugs. they need food, water and i'm not surprised at the death toll and that it went up. you cannot find the dead until you go look for them. that happened with katrina. they went door to door. for the president of the united states not to show once ounce of empathy for those still mourning the loss -- i can't even speak of the horrors of what it's like to go through a hurricane, let alone when you're looking for your family only to find out they didn't make it. the president isn't even worried about that. what's happening in north carolina and south carolina is some people will not make it.
8:37 am
they will not survive that storm. the water will come from nowhere and they won't make it. they can't out run it. that's what he should be focussed on. no on his poll numbers. not on the studies. this was an independent investigation and george washington concluded there were 16,000 people during that period that passed away. they found 2,975 died as a result of that storm. the president should respect that and respect the mourning of others. >> you know he's constitutionally incapable of doing what you just said. >> i pray for this president every day of my life that he can feel what we all feel as americans and stop being this president that nobody understands. >> why is he politicizing this? i remember you side by side with barack obama after hurricane sandy. >> there's lots of lessons to be learned from that, positive and
8:38 am
negative. i did what i thought was right as the leader of my state. which i didn't think was extraordinary at all. >> a lot of republicans didn't like it. >> that's the negative side. when i ran for president of the united states and i was in new hampshire, than i heard more about the fictitious obama hug than any other issue regarding my tenure as governor. you have to get rid of the politics on this stuff. >> amen. >> what your job is is to protect the people who are danger. donna is right about this, it's going to get worse not better in north carolina an south carolina. keeping people safe during the storm is the easier part. get them to evacuate. open shelters. get them fed and clothed and t de and all the damage is there. where are they going? in new jersey 365,000 homes were destroyed in 24 hours by sandy.
8:39 am
what do you do with those people after that? how quickly can you rebuild? roy cooper and henry mcmaster have a big task ahead. they're going to need donald trump in order to get it done. i needed barack obama and i was not shy about asking the president for help and treating him well when he deserved it. >> we've got to take a big break. we'll be back with more round table. looking ahead to the midterms. could a blue wave be coming? plus our interview with the wall street titan who said he's quote smarter than president trump. he later backtracked, but does jamie diamond have a look towards 2020? we'll ask him. backtracked, buff does jamie diamond have a look towards 2020? h this girl. ride with this crew. do the wave with these guys. and hang with this little one.
8:40 am
that's because move free ultra is clinically proven to keep my joints moving better than glucosamine chondroitin. which means i'm free to rock on with this gang. move free ultra. movement keeps us connected. (john foley) i was there in chicago when bob barnett made the first commercial wireless phone call in 1983. yes, this is bob barnett in chicago. (john) we were both working on that first network that would eventually become verizon's. back then, the idea of a nationwide wireless network was completely unreasonable. but think about how important that first call was to our lives. it opened the door to the billions of mobile calls that we've all made in the last 34 years. sometimes being first means being unreasonable. i'm proud i was part of that first call, and i'm proud that i'm here now as we build america's first and only 5g ultra wideband network
8:41 am
with unprecedented wireless capacity that will not only allow for phones to be connected, but almost everything-- transforming how we all live, once again. (bob barnett) as you know, this call today is the first call that we've made on the cellular system. ♪ olay regenerist wipes out the competition; hydrating better than $100, $200 even $400 creams. with our b3 complex, beautiful skin doesn't have to cost a fortune. olay. money managers are pretty much the same. all but while some push high commission investment products, fisher investments avoids them. some advisers have hidden and layered fees. fisher investments never does. and while some advisers are happy to earn commissions from you whether you do well or not, fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers.
8:42 am
fisher investments. clearly better money management. the round table will dive into the stakes for the midterms just 51 days away when we come back.
8:43 am
a reminder you can get the latest on politics with breaking news south l.a. is very medically underserved. when the old hospital closed people in the community lived with untreated health problems for years. so, with the county's help we built a new hospital from the ground up and having citi as an early investor worked as a signal to others to invest. with citi's help we built a wonderful maternity ward and we were able to purchase an mri machine. we've made it possible for the people who live here to lead healthier lives and that's invaluable. ♪
8:44 am
if you way too often...e moves then you might have a common condition called dry mouth... which can be brought on by many things, like medication and medical conditions. biotène provides immediate, long lasting relief from dry mouth symptoms. it is clinically proven to soothe and moisturize a dry mouth. plus, it freshens breath.
8:45 am
biotène. immediate and long lasting dry mouth symptom relief. what's going on? oh hey! ♪ that's it? yeah. that's it? everybody two seconds! "dear sebastian, after careful consideration of your application, it is with great pleasure that we offer our congratulations on your acceptance..." through the tuition assistance program, every day mcdonald's helps more people go to college. it's part of our commitment to being america's best first job.
8:46 am
now to our exclusive interview with jamie diamond, the head of j.p. morgan chase. he's one of the last remaining bank ceos that worked through the 2008 financial crisis. which began with the collapse of lehman brothers ten years ago this weekend. now a decade later, could a wall street executive like diamond be the next business man to make a run for the white house? rebecca jarvis caught up with him in new york. >> why not throw your hat in the ring, jamie? >> i said this before trump was elected. you won't get a wealthy new yorker elected president.
8:47 am
boy, was i wrong. by the way, this wealthy new yorker actually earned his money. it wasn't a gift from daddy. >> j.p. morgan ceo jamie diamond taking aim at the president saying he could beat president trump in a potentially 2020 match up. >> i'm as tough as he is and i'm smarter than he is. i would be fine. >> immediately after, diamond back pedalled. >> i shouldn't have said it. more out of frustration, but i shouldn't have said it. it also proves i wouldn't be a good politician. >> president trump seemed to agree firing back on twitter the next morning. the problem with banker jamie diamond running for president is he doesn't have the aptitude or smarts. he's a poor public speaker and nervous mess. otherwise he is wonderful.
8:48 am
diamond who once served on the president's now disbanded strategy and policy forum, says a run for the white house is out of the picture for now. >> you're done with politics? >> yes. >> no running for president for you? >> no. >> ever? >> i never say never, but no. >> the wall street titan is wading in on policy, from immigration to health care and yes donald trump. >> unemployment below 4%. the market at record highs and consumer confidence is booms. >> yes. >> how much credit does the president deserve? >> when president trump was elected confidence sky rocketed, consumer, small business, large corporate because pro business, pro competitive taxes, pro regulatory reform. that's helped the economy. it's impossible to tease out how much. it has helped the economy. just like president obama helped to stop the economy from getting worse. they did policies i think that slowed down growth.
8:49 am
some of those are being reversed. he should take some credit for that. >> what kind of grade would you give president trump purely on the economy? >> i would say pretty good. >> b plus, a minus? >> something like that. >> diamond is optimistic about the current economy. ten years ago it was a very different story. >> financial institutions are in trouble. 158-year-old lehman brothers filed for bankruptcy. merrill lynch was sold. it's a bit dizzying. >> are we in a place where the banking system will never see something happen like that in the united states? >> it's a mistake to say the banking system. the bank system is very healthy. regulators should take a victory lap because lehman will not happen today. there will be a recession, it won't be the banking system. it will probably be something else. >> banks got a significant amount of help. have they done enough post
8:50 am
crisis to help rebuild this economy? >> your question is a little unfair. all the banks -- banks got help. government did the right thing, but not all the banks needed that. all the banks, including j.p. morgan continued to lend the money. also some caused the problem. i understand the american public looks at it and it's unfair and it was. they look at it like the elite washington banks got bailed out and they suffered. there's some truth to that. they didn't see justice. i understand why there's anger out there. >> how would you in your role resolve that anger? >> i can't. there's nothing i can do. all i can do is serve my client everywhere around the world. do good things. try to earn the respect of the communities. that's the best i can do. >> this week j.p. morgan pledged to invest $500 million in communities over the next five
8:51 am
years through its advancing cities initiative. >> we know working with government, working with civic societies, working with business, how can you lift up affordable housing, jobs, business, education, and all things that can make cities better. >> thanks rebecca. we're coming back with the round table. we'll talk 2020. democrats have been favored for sometime to win control of the house. they's now an indication the senate is in play. 538 says democrats have a 1-3 chance of taking over the senate. donna, you're familiar with how difficult this map is, the senate map for democrats. does that sound right to you? >> absolutely. look, at the beginning of the cycle we thought the republicans could take 60 seats in the senate. democrats are doing well in states that donald trump won in.
8:52 am
clair mccaskill is doing well. senator nelson is doing very well. they're doing well in the midwest and i think democrats have the opportunity to pick up nevada and arizona. we're confident, not overconfident, but confident. that we can run the tables in the senate. >> governor mick mulvaney said the republicans could lose in texas. he said of the ted cruz race, sometimes the likability of a candidate matters. >> likability always matters. >> could ted cruz lose? >> no. ted cruz is not going to lose. by the way i don't think you'll see joe donnelly win in indiana or claire mccaskill and heidi heidkamp is running for her life. the republicans are going to win the senate.
8:53 am
they'll probably add a few seats to the majority. maybe they get to 53 or 54. they're not going to lose in arizona. joe manchin is a unique candidate in west virginia. he served as the governor for two terms. people get to know their governors and really have an investment in them. when you look at the senate, the 1-3 thing, 538 was also saying president hillary clinton. i'm not going to rely on them too much. >> mitch mcconnell sounded the alarm. maybe he was playing the expectations game or are they worried? my sense is they're worried. >> they are worried. >> maybe not this republican here. my sense is republicans are worried. >> they are worried. this comes back to the height of the wave. it would take a tidal wave to wipe out the senate. if they lose the senate, forget it, it's a wipe out. they're worried, but mitch mcconnell has to raise money.
8:54 am
he's at dr you haveoars to go inndcr whichmaable if you remind the primary. >> he's going to hold his nose and do it. >> that is unbelievable. that's an indication there is concern. ted cruz isn't the only person on the ballot in texas. there are some house candidates who have a lot more trouble than ted cruz. having the president go could generate excitement. >> the other thing they've been seeing in their focus group is republican voters don't believe it. they're like fake news. democrats are going to win the house, fake news. trump saying red wave, it's the worst nightmare. >> because there's no reason to go up and vote. >> if you're trying to jack up turn out, you don't say red wave. you say blue wave. >> kevin mccarthy is saying the republicans could keep the house
8:55 am
if the president's approval rating is above 43%. our policy right now, his approval rating is 36%. >> this is a referendum not just on president trump, but democrats want to restore checks and balances. the president has given us issues every day whether it's prescription drugs, pre-existing conditions, there's a lot of energy in the democratic field. there are independents coming our way. that's why i believe in indiana, missouri, and all those other states, we have a great chance. >> we have a minute left. i want to get to something axios has put out about the 2020 race. saying the democrats fall into two categories, the ruthless radicals and the responsible restorationists.
8:56 am
>> the point of that piece is the biggest divide for democrats is not over policy. i think democrats agree on medicare for all, $15 minimum wage. you'll get papered over all those differences. threrence is how crazy will trump make us. 11 seats on the supreme court. so we can pack it with democrats. elizabeth warren saying 25th amendment remove him from office. it's tactics. >> donna, are you with the ruthless radicals or the responsible restorationists? >> can't wait to hear this. >> i will have my own class. i'm with democrats who want to restore our democracy. >> restorationist. >> all right. >> we are out of time. you can explain next week. >> you outed yourself. >> we'll be right back.
8:57 am
8:58 am
thank you for sharing part of your sunday with us. check out "world news tonight" for the latest on florence and have a great day.
8:59 am
fast, reliable internet is crucial. does it every go down? yes. can't do my job. business grinds to a halt. our gig-speed network not only downloads files up to 20 times faster, we go beyond fast with 4g backup for complete reliability.
9:00 am
so if the unexpected happens... (snaps fingers) you stay up and running. we lost power... but not to that. i want that. (laughing) for a limited time get fast, reliable internet for a low price. call now. comcast business. beyond fast.


info Stream Only

Uploaded by TV Archive on