mike phillips, i really appreciate what you wrote, what you said, your eloquence. and andy, thank you. i really appreciate it. thanks joan and nancy as well. >>> coming up, we turn to some breaking news. there were some new comments by president trump on russian interference in the 2016 election. that's next. [ indistinct chatter ] [ intense music playing ] it's here, but it's going by fast. the opportunity of the year is back: the mercedes-benz summer event. get to your dealer today for incredible once-a-season offers, and start firing up those grilles. lease the e300 for $569 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. nit's softer than ever. new charmin ultra soft is softer than ever so it's harder to resist. okay, this is getting a little weird enjoy the go with charmin a cockroach can survive submergede guy. underwater for 30 minutes. wow. yeah, wow. not getting in today. not on my watch. pests never stop trying to get in. we never stop working to keep them out. terminix. defenders of home. before fibromyalgia, i was a doer.

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mike phillips lives with his spinal muscular atrophy and like the protestors he is worried about republican cuts to medicaid. he explained why on the last word on friday night. >> well i'm quite disabled. my services allow me to live a full productive life, interacting with the community, being cared for at home. i live at home. i have a personal care assistant. she takes me anywhere i want to go. the mfs, starbucks, dinner with friends, the shop when the mood takes me which is often enough. i'm not exactly ryan gosling. but i lead a good life. losing medicaid, being forced into an institution, i'd lose everything. >> now ryan gosling has responded tweeting at mike living such an honorable and courageous life having the courage of convictions, actors only play heroes. you really are one. mike wrote a new blog post about all of this over the weekend saying being on the last word was one of the top seven coolest experiences of my really, really, really unusual, totally usual life. that's tonight's last word. "the 11th hour" with brian williams is next. >>> tonight on russia, president trump b

. >>> final thought today, i want to share the words of mike phillips. he's a 33-year-old who lives with spinal muscular atrophy. he send out this message. mike's disability limits his speech but not his voice. on friday, he and his mom karen, his full-time care giver joined me for an interview and reread a statement that he wrote. >> ever since november the 9th, 2016, i have not been sleeping well. i have been scared, i have never been scared by the results of an election, it is an odd feeling so yes, i am scared, scared of what could happen to me if medicaid cut comes to passing florida and scared because florida is based on doing so because they know the federal government will stop them. though i am quite disabled, medicaid services allowed mane live a fiull, productive life. i live at home. i have a personal care assistant, she takes me anywhere i want to go. the movies, starbucks, dinner with friends, i don't have a girlfriend right now but i had one for quite a while and i would like to give things another go. i am a publish writer, i help to deve

phillip, shannon and mike are still with me. i wonder if i could get you on the record to the president's response tonight to your blockbuster story about the russian hacker attempt. he basically said now that we knew obama knew and he didn't do anything, doesn't that just draw attention to the fact that he's done even less? >> yeah. so two things come to mind. one is if obama didn't do anything, what is trump doing? not really much at all. but the other thing is, there is a lot of new information in that story, a breathtaking story, really. but we already knew that obama knew before the election that russia was meddling in the election because the u.s. government announced its findings publicly, you know, several weeks before the election. so i don't know what the president was getting at there. >> they sound like some alternative facts to me, but i wonder, shannon, if you can make any sense of sort of the inability of the white house to restrain this president from weighing in on topics on which he's far more vulnerable than t

mike: there's a big debate over the phillips curve in particular. as bill doubly said the other day, it's the best model we have . they don't have any other extra nation other than secular changes they can't do anything about. but if you believe that sooner or later you have to get inflation when the slack is used up, you have to start preparing for it. neither central bank is really tightening. we have looser financial conditions, and it is just sort of keeping the accommodation from getting out of control and bleeding over into things like financial assets, creating bubbles that both of them warned about and mario draghi implicitly warned about yesterday as well. alix: great stuff, mike mckee, joining us from boston. michael o'rourke, you are sticking with us. mike is where i will be on tuesday. tune in to bloomberg on july 4, 8 p.m. eastern. we will be cohosting the boston pops fireworks spectacular live from the esplanade, the second-most watched fireworks spectacular in the u.s. well, let's make sure i don't trip first, but join us, it will be

try phillips' colon health. howie: james comey wanted to get his side of the story out. the memo he wrote alleging the request to end the investigation of mike flynn. >> i was worried the media was camping at the end of my driveway. i was going out of town with my wife to hide and i was worried it would be like feeding seagulls at the beach. howie: he has his fingerprints on other leaks. doesn't this dent his halo a bit? ed: it does. he has the ability to tell his side of the story. but this idea that he's a white knight, this idea that he's shocked by leaks. i looked at the record. may 3 he was under oath, senate judiciary committee before he was fired. he was asked by chuck grassley, have you ever been an anonymous source of a news report on matters related to the trump investigation? he said never. then are it aware of any information about the president or his associates leak out? he answered not to my knowledge. the idea that grassley asked him if he aloud others to leak, he said no, no, no. now the play book according to james comey, i can use somebody over at colu

but let's not forget our equally great vice president mike pence. >> all right. back with us seem mehmet ta, a political writer for the los angeles times and strategist caroline held man. >> political commentator john phillips and cnn senior political analyst ron brownstein. everyone's talking about how much money was spent on this race coming from the fec. they're correct as of the end of last month. jon ossoff raised more than $23 million. karen handel almost $4.5 million. for ossoff, the money poured in from california and new york. it was a very different story though for karen handel. she really didn't get a lot of money from anywhere else apart from georgia. she did however, manage to raise a lot of money from outside groups including one super pac. $6 million from a super pac, as well. ron, if money talks, the money here is saying, everyone thought this was a crucial race to win. >> yeah, well, it's also just a reminder how intense politics are and the feeling now. this became such a intensely fought race because there weren't a lot of other ways for peopl

he asked for mercy, essentially, from mike flynn and the fact that he dismissed other people from the room when he had that conversation, do you think that constitutes any evidence of obstruction? >> i've said that i think the public record, irrespective of the january 6th meeting, which is entirely different dealing with alleged salacious dossier in which the director talked to the president independently, that's beside the point. i think the public record establishes that there's already sufficient evidence that all the elements of the various obstruction of justice statutes are satisfied most importantly from the president's own mouth. the statutes prohibit endeavoring either corruptly or by threats to influence or to impede a federal criminal investigation. threats would be implication the director did not go along with the president's preference he might lose his job. corruptly is the president was trying to protect himself from the overhanging russian investigation. the president supplied that evidence of motive, of improper motive when he admitted that the cover story for firin

mike: she's finally getting to the good stuff, the things that wall street wanted to hear. she is saying the fed is going to continue its policies, it does not believe the phillips curve is broken. as long as unemployment continues to go down, the odds are inflation will rise and also, that upon implement falls farther below the national rate it --l employment, then the inflation rate will rise faster, and that's not necessarily a bad thing for the time being. she does say the fed is concerned about how the markets are reacting to what they are doing, but she reiterates the idea that they are going to raise rates very slowly and very gradually, and that they have communicated that well they think to the markets. the nothing think there's been any adverse reaction. the hasn't been, in the markets, to the idea of beginning to taper the balance sheet. she is sending the message that it is steady as she goes and nothing is really going to change in fed policy. they think they are on the right course. anna: it's like watching paint dry. david: no more valuable tool on the bloomb

mike: people want to know why financial conditions are getting looser. then beforeser now they started the tightening cycle. does that mean they have to go faster to get where they want to be and avoid being behind the curve? that will be a key question for wall street going forward. jonathan: i want to bring in the chief equity strategist here. -- doto stick with this you stick with this? >> there is no news as far as the rate, but everyone wants to know if september is more or less likely. if september is on or not on, but the fed is not going to answer that. everyone will try to read between the lines on the issue. jonathan: it is difficult, mike. we want to know what kind of data they are looking at. we caught up with charles on the fed communications policy. take a look at this. thatat it really means is any datacan look at they want and decide if that is important to a policy and change their minds. i think it is important to be data dependent, but you need more information on how they are going to use that data and what data matters. dependent,o b