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tv   After the Bell  FOX Business  June 7, 2018 4:00pm-5:00pm EDT

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>> no matter what happens with trade, i'm still logging on to amazon, getting packages delivered. cheryl: good. gary b., thank you very much. that is it for the day. markets end the day mixed. second day in a row. over to melissa and dave. melissa: green for a second day in a row on the dow at least, ending the day up about 90 points, a little more than that off session highs. the s&p 500 dipping into the red. nasdaq, not having a great day. i'm melissa francis. david: i'm david asman. still 7600. not bad on the nasdaq. not doing what it has been doing. this is "after the bell." more on big market movers. we have a busy hour. here is what is coming up. president trump says he is well-prepared for the upcoming. holding joint news conference with the japanese prime minister this afternoon. the president saying the for the
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korean leader could be invited to the white house, if all goes well. if it doesn't, maximum pressure is back on full steam. secretary of state mike pompeo right now taking questions on the historic trip to singapore. he is at the white house. we're monitoring this. we'll bring you the headlines. new reaction pooring into highly anticipated report, the watchdog coming down hard on fired fbi director james comey on handling of investigation into hillary clinton and russia. what we now know. melissa: back to the markets, energy and consumers stocks leading the dow higher. susan li on the floor of the new york stock exchange. susan? >> let's check in on the dow, we're up close to 100 points at the end of the session, off session highs of course. it was all about mcdonald's and chevron. both these stocks adding a lot of points to the dow gains. nasdaq finishing lower first time in five sessions. in fact for the first time in
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three days we haven't seen a record close. has to do with technology. rerotation out of technology and profit-taking taking place, we had really good two weeks in some big technology names, 52-week highs. likes of apple, microsoft and the like. intraday records today. but of course at the end some profit-taking there. also, take a look at oil. this is a big mover as well. oil prices bouncing 2% coming off two months low. geopolitical risk coming from venezuela. we have oil stocks helping power a lot of index's gains at dow. also some s&p names as well. technology names, take a look at them. we talk a lot about them. they represent a huge weighting in a lot of indices. apple, microsoft, hitting highs, record highs during the early morning session, colling off in the afternoon. facebook, google. as you see, in the past hour we had news from google. will not allow any of their artificial intelligence to be used in the military.
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back to you. david: thank you very much. susan, stick around. we want to bring you into the panel. bring in kevin kelly from benchmark investments. todd horowitz, the host of bubba trading. kevin, looked like off to races 200, 300 to the plus side. we came down. what happened? >> i think what happened investors reassessing risk heading into next week, give the fact federal reserve will give guidance if they will raise not only in june this month but also whether they will do a federal rate hike in september. then december. so investors are on edge about four rate hikes. i think you're seeing at that trickle into the market action today. david: todd, have we topped out just on news of the great economic growth we're having, low unemployment, et cetera? >> i think we have, david. i think the markets still have a chance. they could still go to new highs. i think overall energy underneath the market is dying out here. david: what do we need, todd?
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what do we need to give us another leg here? >> i think what we really need is these deals work out, the trade deals clear out, and everything to get back to not normal, to the new normal. i think if we get these trade deals worked out, get everything done, you will see a spark that pushes markets higher and bring more new money into the market. david: susan, i'm looking at nasdaq, it was off today. looks like taking a breather unless the market and traders think it is maxed out. what do you think? >> i was talking to traders here on the exchange floor today. they're saying for the rally to have legs for the rest of the year can all be led by tex and small caps by russell 2000 -- techs. more blue chip names. you saw that with oil names being bought back up along with banks. encouraging for traders on the floor. melissa: finding middle ground. u.s. reaching a deal with zte
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that requires the chinese phone-maker to pay a one billion dollar fine and allow u.s. enforcement officers inside the company to monitor the actions. kevin, i don't know there is a lot more penalties as well. change entire management and board of directors as part of the deal within 30 days but is it enough? >> only time will tell. zte is per per -- perpetually violating u.s. sanctions including north korea and iran. this is modus operandi. only time will tell. this is bipartisan issue where both sides on the aisle are talking about even stricter and more harsh actions against zte because they have never been able to change their stripes. and so, like i said only time will tell but this president actually has a tough road ahead of him in negotiating with the chinese specially on on situations like this because it is played into the qualcomm,
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nxpi, transaction and what you saw chinese were holding up american company in qualcomm purchasing nxpi. this is very difficult. melissa: todd, you hope the u.s. is getting something we don't know about. >> i think the deal is going to be fine. one of the key things, the linchpin i call it, having our own people doing the investigation and checking, versus trusting somebody to do that. we can do it whenever we want. that is much bigger ordeal, we can look in, basically in their plant and in their business, so that we can look. i think that make as much bigger difference than deals in the past. melissa: susan, do you agree with that? >> i was looking at some names besides qualcomm and nxp. both of those stocks actually rallying. but other suppliers to zte, finisars, they finished down in the session. it gives you a sense maybe traders don't think zte will be able to come back even after
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this $1.4 billion fine and change in management in 30 days. that they will buy as many parts from the u.s. companies as they did in the past. melissa: thanks, guys. david: finding common ground on north korea. president trump hold as press conference with japanese prime minister shinzo abe ahead of next week's summit. fox business's edward lawrence live from the white house with latest on this edward? reporter: this was successful summit for president trump and japanese prime minister shin show abe. he got a commitment to talk about hostages taken in the '70s and '80s. how to deal with north korea and an agreement they will both work on trade issues. >> prime minister abe and i are also working to improve the trading relationship between the united states and japan, something we have to do. the united states seeks a bilateral deal with japan that
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is based on the principle of fairsness and reciprocity. we're working hard to reduce our trade imbalance which is very substantial. remove barriers to u.s. exports. and to achieve a fair and mutually beneficial economic partnership. reporter: that's very different language than the president uses when he talks about canada for instance. plus a hint there might be a greater bilateral deal in the works. this negotiations have been ongoing between the u.s. and japan through the u.s. trade representatives office since april. could reduce or eliminate tariffs on steel and aluminum, but also other products coming into the united states and in japan. plus the japanese prime minister says that the president has the same view as he does, about north korea's missile program. the japanese prime minister saying and the president, agreeing that they with like to get rid of not just the long term but medium-range missiles that could strike japan of the prime minister wanted to make
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sure he was heard today. seems like he was. >> the steadfast alliance between japan and the united states is an enduring force of peace and stability in the pacific region and around the world. the prime minister and i have been working to expand our cooperation in a range of areas including defense and commerce. reporter: both leaders go to the g7 summit starting tomorrow morning. president with the summit next week with the north korean leader. if everything goes well, president donald trump said there could be a visit the north korean leader here to the white house. back to you, david. david: unbelievable. melissa,. melissa: peter brookes, former deputy secretary of defense for europe and asia. what is reaction you just heard? >> there are number of things, melissa. the u.s. japan relationship seems to be in good shape.
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shinzo abe has same concerns about the abductees and north korean missiles. the president has concerns about trade. this is prosperous relationship between these two. that is good. japan doesn't want to be left out of it. north korea, secretary of state mike pompeo is actually holding a press conference talking a little bit about this. it seems positive. they seem to be ready for the, for the summit next week. of course i think that it's a good idea to keep expectations modest. this is a first visit. there is a lot of heavy lifting to do. melissa: one of the concerns though, prime minister abe, his focus is on those short-range, medium-range missiles. >> yep. melissa: kim jong-un isn't going to give up everything it wants. the president is focused on nuclear weapons. obviously that's a huge deal. he will not be left with nothing to defend himself and prop up his regime. and that is sort of, i feel that puts japan in challenging spot.
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they want them to get rid of the short and medium-range? >> now you know why, why you know shinzo abe is here. melissa: right. >> he wants to make sure he has a seat at the table. in the past the japanese had a seat at six-party talks at bush administration. japan was one of the parties -- melissa: is there a way to make everybody happy on that front is the best way to say it? seems like there is not. is there? >> well, right. i first of all want to make clear that japan is threatened by nuclear weapons from north korea. you talk about ranges, they can take conventional warheads, regular explosives, nuclear weapons. the missiles are important. their delivery, also what can be put on top of them. obviously the power and impact of a nuclear weapon is different than a conventional weapon but conventional weapons also kills people. this, they're both of concerns to japan. so not only is the president concerned about the issues of trade, but he also is, wants to be, japan is the third largest economy, melissa.
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it's a powerful country. it has a powerful military only used for self-defense. this is important relationship for the united states. an important relationship talking about china, north korea, or other international issues such as the g7. melissa: so what do you think, how does trade then mix into all of that and on top of it? i mean you know, seems like it is, it is other half of this negotiation? some people look. separately. president probably, using both sides of pressure. >> this negotiation is going on, even among allies, right? melissa: yeah. >> not just going between president trump and chairman kim. there is a lot of things going on. the president is interested in advancing american interests, whether it is trade or international security in the pacific. yeah, there is a lot of things. there is significant rivalry between japan and china. and japanese are concerned about
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that, since there is a defense alliance between the united states and japan. for defending japan. there is, there is, these are very, issues are very, very complex. there is a lot of negotiations going on, at a lot of different levels to advance and protect american interests by the trump administration. melissa: good thing we have president that never sleeps. there is a lot to do. peter, thank you. david: lots to do by him, that's for sure. melissa: really. fox business has coverage and analysis of president trump's historic meeting with kim jong-un. fbn on air all night long, you, david. special edition of lou dobbs tonight at 7:00 p.m. eastern on monday. david: if it wasn't enough to mix in stuff on north korea, stuff on trade. bob corker as you were speaking. bob corker sends out of a email, trying to get in the president's way, certain tariffs, national security issues. we have congress get in the
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middle of the debate. not enough for north korea, japan, china. congress wants in as well. melissa: congress directs you, thank goodness. thank goodness. david: another round of american diplomats hit with mysterious health attacks. it is at a consulate in china. what the state department is doing now. melissa: democrat west virginia senator joe manchin admitting he made a big mistake. what he says he regrets as he heads into the midterms in a key battleground state. david: ruh-roh. first time in 40 years, social security payouts are expected to exceed what is being collected. isn't that called bankruptcy? congress holding a hearing today as they scramble for a solution. congressman tom rice was a part of the hearing. he will join us next. >> last time we actually addressed this issue actuarily was in 1983. ronald reagan was president. tip o'neill was speaker of the
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>> social security is in trouble and its problems will only get worse. >> social security is neither democrat nor republican. it is american. david: well, yeah, but is it broke? that is the question. the house ways and means subcommittee on social security holding a hearing this afternoon revealing the program will be forced to dip into its reserves this year. here is lawmaker on the committee, republican congressman tom rice from south carolina. so is it broke? >> no, it is not broke. the fund has been had a surplus for decadeses going into a trust
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fun. we'll start dipping into that trust fund. the projections are the trust fund will expire under 2034 under current assumptions. this report they came out with today was actually, there was a lot of good news in it. david: what was the good news? >> they were projecting before this year that the disability insurance portion of social security would be broke in 2028. now they positived that to 2032. they have done it because economic, actual economics, the growth in the gdp is outpacing forecasts. the social security administration is assuming a 2.4% growth over the next 10 years. if we outperform that, all the problems become easier to solve. david: we hear that a lot from the members of the trump administration, growth can solve a lot of problems. there is also an attempt to crack down on a lot of fraud that is has taken place in those disability programs, right? >> yeah.
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i, and also the number of people applying for disability peaked about three years ago. it is decline, declining nine million active claims to about 8.5 million active claims right now. continuing to decline. we have six million open jobs. i mean, due to the regulatory reduction congress put in with the congressional review act and tax reform act, our friends on other side of the aisle call it armageddon, i call it unbelievable, we had tremendous response to the tax cuts act. then we got over a million jobs available. david: i want to get back to social security. i'm very happy to hear the good news. but there is, there is some basic bad news bit. most americans are aware of it. at the heart of what was promised to us a fraud. and that fraud is, your tax money, the money you put in every week that goes into social security is put in this
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lockbox, you actually have politicians talk about it. nobody touches that lockbox. it is there for you when you retire. it is assured to be there. we all know, congressman, the dirty little secret inside beltway, politicians have been putting the hands in the lockbox and putting ious to replace my money that has gone in there. that is the fraud that gets under the skin of a lot of americans? >> that is absolutely true. beginning with the johnson administration in the '60s, they began to take the trust fund monies and use them to offset deficits in our, in our general fund account, but they put ious in, and they pay interest on the ious, higher than they pay on the 10-year treasury note. david: right. >> they can borrow money -- david: this is pretty much what bernie madoff was doing. the guy will spend hopefully the rest of his life in jail for doing that. on the outside of the government this would be criminal behavior.
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>> as i said, they're paying interest on those things and yeah, i wish i had been there in the '60s to vote against this plan. that is what has been done. the expiration date of 2034 accounts for all those monies being repaid in full, with interest. david: a lot of young people think they're more likely to see an alien in their lifetime than ever see a social security check. the crew is nodding. >> i agree until i was 50 years old, i didn't think i would get social security. you know what? we will make this promise golden for our seniors. we will make this work. david: for my sake i hope you're right. >> what is going to have to happen is, the cap on payroll taxes are going to have to be paid. the date at which the age qualification will have to be raised. the cola has to be adjusted a little bit, change cpi. if you do those three things you can balance it for 75 years.
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social security is not that hard. david: asking the private sector for mistakes made in the public sector. medicare, 700 billion-dollar program, part of the whole retirement system the government has involved this, 10% of that, that is an easy estimate, 10% of that is fraud and waste. that is $70 billion a year. can we do something about that? >> the medicare system is much harder to fix than social security, because health care costs continue to spiral. i mean paul ryan is the only one i know of who has come up with a mechanism to actually fix medicare. and that is, premium support. let private insurance companies bid to provide medicare coverage. if you don't get control of health insurance costs, medicare is going to be much more difficult problem to solve. david: of course you try to get the private sector in. you know you will hear screams you're trying to kill medicare, frankly it is dying on its own. >> there are people up here who believe the government is the best solution to everything. i believe smaller government, lower taxes, less regulation is
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the way future. unfortunatly everybody up here doesn't believe that. a lot of good things are happening, my friend. we're working on immigration, we're working on trade. there is a lot of good things happening. david: congressman, appreciate you being here. >> all right. david: do you think you will ever see social security check? melissa: i never did. i have been paying in since six months old. i never thought i would get a dime. david: my mom was working mother her whole life. taking care of the kids, working full time, they are having with social security. they cut her office for a few months. it's a mess. for those democrats say, it is such a great system, got to keep it going, it's a mess, folks. you got to fix it. melissa: fix, trim, all that stuff. everything with government. all right, your morning could be getting more expensive, if you can believe it. why starbucks charging you more for your coffee. that is next. heartfelt thank you to your
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commander-in-chief. alice marie johnson is no longer behind bars. she has a message for president trump. we'll tell you what it is after the break. >> no handcuffs, nothing on me. i'm free to hug my family. i'm free to live life. i'm free to start over. i can not -- this is the greatest day of my life. ♪
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>> i want to thank president donald john trump. [cheering] thank you. for giving me another chance at life. david: alice marie johnson, thank you, president trump, for commuting her sentence. she was a first-time non-violent drug offender serving a life sentence. melissa: wow. david: last week kim kardashian pled her case during an oval office meeting. the president tweeting earlier,
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good luck to alice johnson. have a wonderful life. melissa: she also became a pastor in jail i read. david: wow. melissa: your caffeine fix is getting more costly. starbucks increasing its prices across most of its stores in the u.s. how could they go any higher? boosting prices as much as 2% over the past year. jeff flock outside of a starbucks location in chicago with the details. 2%, okay. i don't know, i bet it goes even higher. jeff, what do you say? reporter: oh, yeah, more like five and 11% this apparently 20 cents on a can tall cup of s, b only expensive if you can't afford. despite inflation is about 2%, right. must be the price of coffee, if it is not inflation? no actually the price of coffee at retail level is down about six or 7%. coffee beans at 52-week low, right about now. that means some people are not too happy about this price
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increase. take a look, couple things. one quoted on twitter. he is the president of the african development bank. this is where they grow the stuff that turns into coffee. price after cup of coffee at starbucks always goes up, a price of kilo coffee beans goes down. pretty much that is how it works. another starbucks former fan says, if, is starbucks assuming there is no limit on what people are willing to pay for coffee? i've been a loyal customer for years but, i have reduced the number of visits every price hike. 20 cents more means fewer trips for me. in fairness to starbucks, they say their costs have up 9% for overall operating costs and 13% for stuff like rent. yeah the economy is doing better. maybe things are costing more. but in addition to twitter we talked to real people in person, believe it or not. listen. >> i'm one of those nerds that make coffee at home. so i do feel that paying $5 for
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a cup of coffee is too much. >> i'm a starbucks fanatic. i really don't care how much it is. i am like people with cigarettes, no matter how much they raise prices i get my starbucks [laughter] reporter: hate to say it that is pretty much the attitude. but that is the starbucks right there behind us. well, people keep coming out the door with their starbucks in hand. the stock, by the way, pretty flat over the course of the year. it is down a little bit year-to-date, over the course of the past year. so i don't know, they're still doing pretty good, melissa. melissa: they have free coffee in the green room here. you can load up. i see our producers walking in there all the time. i don't know what it is but it is free. reporter: dunkin' donuts. what is that stuff? melissa: i don't know. that is crazy. reporter: i haven't drank coffee since college. melissa: that is why we love you.
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david: that is why he is at zen man. melissa: very zen. david: breaking news. the federal reserve announces when we get results of so-called stress tests from financial institutions. they determine whether banks have cash on hand to deal with big losses before they give out dividend or share buybacks. the first results of the test will be released this hour on june 21 and the 20 -- 22nd. one later in the week. stay tuned for that. melissa: high hopes of a blue wave. why chuck schumer thinks former president obama is the key to have democrats win in november. david: hmmm. lawmakers demand the justice department turn around documents related to the alleged fbi informant during the 2016 campaign. why the holdup? republican congressman andy biggs here to sound off. your company is constantly evolving. and the decisions you make have far reaching implications. the right relationship with a corporate bank
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melissa: department of justice anticipated to reveal highly anticipated documents focus on fbi alleged use of a confidential informant who contacted trump campaign aides during the 2016 election. speaker paul ryan responding to the doj offer earlier today, saying the documents won't be available until early next week. >> we received an oral briefing two weeks ago but what we're asking for, and what we require and we expect is the corroborating document is that
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make up the oral briefing. last night they could have brought it to us today and chose to do it next week. that doesn't help. melissa: hmmm. the justice department official confirming late last night that the records were in the room but they were not ready for lawmakers. hmmm. david: here now to react is republican congressman andy biggs from arizona on the house judiciary committee. congressman, i have a background here, background note from senior department official because department of justice claims they have been forthcoming with all the stuff you guys in congress have been asking for. they say something that really flies in the face of what we heard from paul ryan. they say the department, we didn't put it up on full screen because it's a background paper. the department and the fbi will provide the opportunity to review certain supporting documents that were made available during the prior briefing on may 24th. they say these documents were made available. we just heard congressman ryan they weren't.
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which is it? >> well obviously they weren't. what you have is you've got some people who are deliberately trying to mislead the public. it is no coincidence that they issue a press release in the middle of the night last night saying we will not give the documents to the house. now they want to, more time to redact these documents. and i just find myself saying, how many deadlines can they miss? how many redactions do they get to make? it is outrage just. david: they get to choose not only redactions and documents. they say, certain supporting documents of the you didn't ask for certain supporting documents. you want what you can get and they're limiting the search. it bothers me that you have, the head of the house, the head of the entire house, paul ryan saying, we didn't get the documents. here is the department of justice firm telling us that they did supply certain documents. >> look, look, time for goodwill is mostly gone. i think, we'll have to issue
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specific sanctions on people who are defying congress. we'll issue subpoenas and take and run through the contempt process f necessary, we'll have to go through some impeachment proceedings. by defying congress the way they are, they are engaging in acts covering up crimes or misconduct on the part of high government officials. david: by the way i can't let that one comment slide. impeachment proceedings. against whom? >> i think we go to the acting head, if you will of doj which is rod rosenstein. why not? he is the guy that is slow-walking everything. ig report, how many weeks do they get to keep that. >> you're suggesting that we impeach rod rosenstein? >> yeah i have no problem with that i think he is engaged in conduct that is of such a level that it constitutes breach of the trust which is what the common denominator, common definition of high crime and misdemeanor was when it was put into the constitution. that is what happened. david: congressman, let me switch if i can, an issue a lot
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of people have questions about the informant or some people call spy, at least trying to play information from trump campaign officials. why was he put there in the first place. who put them in there in the first place. what trump campaign official, who got his reports at department of justice or the fbi? i imagine those are questions you're trying to get from the doj as well? >> yes. all those questions. but i have more. i want to know how high up the chain of command did this go? i mean, was this coming from the administration? we had peter strzok's emails saying hey, we have to keep potus involved everything we do. brendon intimates in some of his comments that he is loosely making today as he criticizes president trump. there are really serious questions that undermine the very fabric of our nation.
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david: congressman, they are giving me a rap, but i couldn't get this past, this is interest you in arizona. the philadelphia mayor did a little dance when he won in a court decision that allowed him to declare philadelphia, a city one of the cities that will allow illegal immigrants to come out. that deal, if we can play it for the congressman. the white house responded many people in philadelphia have been killed, raped or assaulted at the hands of criminal illegal aliens. it is disgusting the mayor would dance in celebration of a lawless decision that allows these dangerous criminals to roam free. what do you make of this, quickly? >> he shouldn't be dancing he is promoting anarchy in violation of federal law. putting citizens in danger. >> there is his little dance he may regret having done in front of a camera. congressman biggs. thank you very much.
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>> appreciate it, david. melissa: mystery illness in china as government evacuates several workers out of the country.
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david: mister little -- mystery illness in chinaing sending american diplomats and family back home similar to what happened in cuba last year. that is what happened with that one. connell mcshane, wow, bad stuff. reporter: wow is right. a lot we don't know about the story other than it is very strange. two more americans were evacuated yesterday from a chinese city. coming back undergo tests this is few weeks after another consulate employee got sick. number of diplomats and families didn't feel well recently since the consulate. the stems described being similar to how you might feel after you got concussion. you just don't feel right. you say also, which adds to it, makes it similar to cuba.
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they heard strange sound at a apartment complex near the consulate. a person said it sounded like a bunch of marbles rolling around. another person said static. this is in southeastern china, on the map, not far from hong kong. u.s. has embassy in beijing. operates consulates and in others and china. we should make it clear reporting about this. we don't know whether illnesses if any way related to some sort of attack, whether chinese or anybody else. all the state department is saying they're looking into it. they have a task force. spokesperson heather nauert has medical screenings. they're ongoing. u.s. medical professionals will continue to conduct full evaluations to determine the cause of the reported symptoms, and whether the findings are consistent with those noted in previously-affected government personnel or possibly completely unrelated. that is that reference you brought up, david, it is similar to cuba where 24 americans reported getting, that they got sick and same thing.
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they heard these sound. at the time, remember we expelled, the u.s. expelled a bunch of cuban diplomats. i'm not sure how we will respond. all new questions being raised what is happening in china. david: doesn't sound like coincidence. sounds like the same thing. reporter: almost same exact thing. they don't know. investigation underway as they say. david: connell, thank you very much. melissa. melissa: to another story we're following amid calls for the show's can celebration. samantha bee made on-air apology for use of a vulgar term to describe president's daughter last night. >> i hate this distracted from more important issues. i hate that i did something to contribute to the nightmare of 24-hour news cycles that we're all white-knuckling through. i'm really sorry i said that word. you know what? civility is just nice words. maybe we should all worry a little bit more about niceness of our actions. melissa: i knew there would be a lesson at the end. the show aired with only third of its national advertisers.
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tbs expects brands to the show next couple weeks. the show will have more scrutiny show going forward. apology is done with less makeup. have you noticed that. david: no, that is very interesting. melissa: i'm cronkite. i'm not as made up as usual. just little tip to people out there. david: good tip for people watching. a little help from their friend. democrats new call for support ahead of the midterms. stay tuned. man: i got scar tissue there. same thing with any dent or dings on this truck. they all got a story about what happened to 'em. man 2: it was raining, there was only one way out. i could feel the barb wire was just digging into the paint. man: two bulls were fighting,
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melissa: when it comes to midterms democrats look for any help. senate main north leader chuck schumer is calling president obama to lead the charge on the campaign trail.
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eric beach and republican strategist john summers, former communications director for former senate majority leader harry reid. our staff is excited all day. you guys are beach and summer. i have to throw that out there. what do you think? you think president obama is probably, would i think the most popular democrat right now. he hasn't shown a lot of enthusiasm for coming out though? >> well, i also think really lack of vision by democrats. they're not running for anything. they're running against donald trump. what this indicates to me as well as the generic ballot the democrats don't have a message how they're going to help solve any issues in our country. this is backwards thinking. secondly, how are people going to run on an obama platform which many people from the middle states think was a failing platform, especially in the last four years? i think this is hard for them to do. he hasn't expressed any willing fess to do so. melissa: john, it is about
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personalities. especially when you're fund-raising, people pay up to go see someone. do you think president obama would come out and do fund-raisers? >> oh i think he would. i think it will be up to the individual candidates as to whether that makes sense for their campaigns. but reality is, when you look at data, president obama left office with a 57% approval rating. president trump has best numbers of his presidency right now, still 53% of americans give him an f. so, when it comes to who i would want to be side by side with, much rather be closer to president obama than president trump. reality is president obama has history of focusing helping people and as opposed to helping himself. health care accessible to americans. he dug us out of a deep recession that was handed to him by his predecessor. no scandals. melissa: we don't -- he was popular person. he tends to bring crowds around. eric, somebody who is thinking a lot about who they want to stand
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next to is joe manchin. he asked hillary clinton to stay away. now at this point in time he is going as far as to say that it was a mistake to endorse her, even using the plea, i was bribed to do it. that's why i did it. he said, she talked about build aghdam and giving him money for high-speed internet, so he said okay. now he regrets that what do you think about that? how would that affect the election right now? >> well, look, i think he has a real challenge with patrick morrissey. i think he realizes is in a state where donald trump won by 42 points. the reality is, ask joe manchin, will you support the schumer platform or support republicans in the midterms because you believe in that kind of platform? he also mentioned that he think as trump's ideas are better than hillary, what does that mean for republican versus democrat platform? i think he has a real challenge. he can't play both sides in a state trump won by 42 points. melissa: john what do you think about that?
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how do you respond. >> i agree. i am frankly concerned about the comments that support manchin made. i think, people are looking for elected officials and candidates who are being honest with them, stay true to their word. when you see that sort of waivering from senator manchin, i think that is dispushing. >> yeah. gentlemen. thanks to both of you. david: an honest politician. are there any honest politicians? melissa: i think joe manchin, i griff him respect i thought i would get stuff, so i supported her. constituents feel that is awesome. you were supposed to get stuff. david: you know what mike huckabee says about the clintons, they can't stay bought. melissa: good point. david: how you can drive your own personal fleet of mercedes cars. i'm not kidding. you want to hear this. stick around. ♪
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hi, kids! i'm carl and i'm a broker. do you offer $4.95 online equity trades? great question. see, for a full service brokerage like ours, that's tough to do. schwab does it. next question. do you offer a satisfaction guarantee? a what now? a satisfaction guarantee. like schwab does. man: (scoffing) what are you teaching these kids? ask your broker if they offer award-winning full service and low costs, backed by a satisfaction guarantee.
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if you don't like their answer, ask again at schwab. >> sometimes, you know what, just one benz isn't enough. mercedes is launching a subscription car service available to drivers in nashville in tennessee. >> philadelphia, philadelphia. you said tennessee. it starts at 10 $95 a month. you can switch out the cars as often as you like depending which plan you choose. each plan includes insurance, roadside assistance, maintenance, a personal concierge, that sounds good, melissa, and let's see you can flip from one vehicle to another. >> you know what this is about? this is the younger generation, they don't want to be bogged down with things, they don't want the burden of owning it. there are a lot of young kids
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that don't want the driver's license, they see that as a burden and this is a way to be fabulous. >> i'm not a young kid anymore, i've never own aid car in my life. this appeals to me. i might do it. >> there you go. "the evening edit" starts right now. >> we're going to have a great success. i don't think it will be in one meeting. i think it will take longer than that. this is something that should have been solved by other presidents, as i said before. long time ago this could have been solved in a lot less dangerous manner, but it wasn't, so i'll solve it and we'll get it done. liz: president trump speaking out today ahead of next week's historic summit with north korean leader kim jong-un. we've got the details and the media is really going after the summit right now. we bring that you debate. moments ago, secretary of state mike pompeo briefing the press about the summit, saying complete denuclearization of

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