jonathan: from new york city for our audience worldwide, i'm jonathan ferro. bloomberg "real yield" starts right now. ♪ jonathan: coming up, closing out a chaotic august, following a big month for government bonds. growth anxiety lingering with another round of tariffs set to hit next month. president draghi facing down the european central bank horse. we begin with the big issue, a month to month for government debt. >> you had a significant rally. >> big rally. >> huge rally in the bond market. >> huge inflows, one-sided trade. >> insatiable demand for yield. >> the message is that things are slowing down. >> slowing down. >> growth is slowing everywhere. >> slowing global growth. >> the fed is not cutting fast enough to keep up with the falling growth outlook. >> they are actually behind the curve. >> the market is crying out for more. >> we are looking at extraordinary times in bond markets. jonathan: joining me from london is james athey. in new york, greg staples, priya misra of td securities. priya, what a month it's been. the 10 year treasury, people forget, 2% feels like

jonathan: from new york city, i'm jonathan ferro. bloomberg "real yield" starts right now. ♪ jonathan: coming up, no drama in this month's payroll report. the attention firmly elsewhere as the white house whipsaws wall street, announcing more tariffs on chinese imports, providing more fuel for global bond markets, driving the german yield curve below zero. let's begin with the big issue. is the fed prepared to underwrite the trade war? >> it is highly likely the trade issue will dominate a thinking at the fed. >> you have to extrapolate this and think about the fed delivering a series of cuts. >> this creates enough uncertainty where even the strong payrolls report that we got today is likely going to secure that cut. >> we are going to get a 50 basis points one way or another. r. trump now knows the buttons he has to press to get the outcomes that he wants. >> good policy, that policy, the white house is listening. that is why you are seeing the president be so aggressive right now. >> to the extent trump continues to push on the trade war and that hurts economic growth

. >> this is an adverse feedback loop that could get very dangerous. jonathan: joining us to discuss is oksana aronov, priya misra, and robert tipp. oksana, that interplay between the federal reserve and trade policy from the white house, just talk to us about it. oksana: the fed went from the frying pan into the fire with their announcement. powell never really had a particularly good reason for the cut, right, he kind of cited increasing uncertainty overseas, slowing conditions overseas, perhaps the lower inflation we are seeing, which by the way, did not induce the cut in 2017 when we saw lower inflation. but they decided to use it as reason this time. and trade tensions, of course. he tried to walk a fine line by staying middle ground, saying this is a midcycle adjustment. and then in a sentence-first, verdict-later fashion, the president then delivered precisely what powell cited as the reason for the cut, and turns it into an easing cycle probably, if the threat materializes, this threat of additional tariffs from a midcycle cut. so in this fashion, trump has got powell's back aga

to participate, and our next our, jonathan golub of credit suisse. this is bloomberg. ♪ ♪ from the 5am wakers, to the 6am sleepers. everyone uses their phone differently and in different places. that's why xfinity mobile created a wireless network that auto connects you to millions of secure wifi hot spots. and the best lte everywhere else. xfinity mobile is a different kind of wireless network designed to save you money. save up to $400 a year on your wireless bill. plus get $250 back when you buy an eligible phone. click, call or visit a store today. ♪ tom: this morning, there is a bet on global economic slowdown. china and germany with graham economic data. the united kingdom spread inverts. the u.s. spread nears that in version point. the negative german yield to record lows. a new day in hong kong. enda curran and hong -- yvonne man report. it is beginning to look a lot like christmas. the president reverses policy. this is bloomberg "surveillance," live from our world headquarters, looking upon u.s. trade policy with wonderment. the curve inversion in the united kingdom, is

settle 2000 similar cases. for more, i spoke to law professor jonathan turley. w thanks for beih us. there are reports that purdue pharma are offering to settle more than 2000 other lawsuits. are they seeing the writing on the wall? jonathan: they are in a position hech like big tobacco before multistate settlement. they are gting an idea of what the outer limit of liability isa for these phutical companies, settling these cases sult actually in a profit. they can have a good stock reacon. that is what happened with b tobacco. when they reached this massive settlement, their stock actually went up. invests had a good idea of the four corners of this room. i think the pharmaceutical companies are looking at the calculus as to whether settling these cases will give them a bump. laura: purdue pharma says in itm stt they see little good coming from years of wasteful litigation. could it be that some good will come from people's suffering from the opioid crisis because they will get money? jonathan: hopefully it will. veout of of the concern i s that the primary responsibility in terms o

date. jonathan blake is joining happen before the brexit date. jonathan blake isjoining us from westminster, how much clarity if any does this all add to the overall picture? not very much, just to take you back to last week when you mentioned jeremy corbyn wrote to the cabinet secretary, and effectively the head of the civil service in charge of the machinery of government across whitehall and all different apart dust departments. mr corbyn was worried about one possible scenario which could unfold when mps return from their break next month. if a vote of no—confidence is called in the government and that is lost, and a different government cannot be formed by the opposition, mr corbyn oi’ formed by the opposition, mr corbyn or anybody else, then a general election would have to follow the stop the prime minister has set the date for that and there has been speculation number ten would or could allow it to be held just after the brexit deadline of 31 october, meaning that during the election campaign, the uk would leave the eu on that date as is the legal default at the mom

, everybody i'm david asman. thank you for joining me, joining me on on the panel is jonathan hoenig, christina partsinevelos, gary kaltbaum and liz peek. so the business roundtable is comprised of 200 ceo's from major u.s. businesses dropping the age-old notion that corporations function first and foremost is to serve their shareholders, and maximize profits. jpmorgan ceo jamie dimon leading the reimaged ideas stating, "the american dream is alive but fray ing, and all is happening amid a growing national debate about the responsibilities of corporations, so is all this just a pr stunt? >> this is a terrible move, david. it's really the sanction of a victim and these companies are the victims here. where is this all coming from here? not the companies but the leftist professors. this is this whole notion of stakeholder value. it's not the shareholders that own the company. it's the stakeholders who is everyone. literally the guy that delivers the paper to the employees, to the environment, to the government, so this is a way to weaken property rights and also as you'll see down the

jonathan gruber. this is bloomberg. ♪ david: this is bloomberg balance of power. the democratic candidates for power have an aggressive plan on what to do about health care in the country. a lot of people have raised questions about our we are going to pay for that. we spoke with a senior economic advisor for bernie sanders. she said we would save money if we went to medicare for all. >> what we would be projected to spend if we would to transition -- if we were to transition away from the inefficient system we have today to a more efficient system like medicare for all that we will be spending less as a society on health care and end up adding more coverage. david: we welcome now jonathan gruber. he is in m.i.t. economics professor. he is the obama care architect. he is the author of a new book, jump starting america. welcome. you heard what the professor said that if we have medicare for all, we would save money. she right? jonathan: she is probably right. if you look at the overall cost of health care, medicare for all would cost society last then today system. it depends on

for joining us i'm david asman. joining me on the panel jonathan hoenig, christina partsinevelos, john layfield. the president confirming reports he is eying a payroll tax cut but he says it has nothing to do with any recession fears. listen. president trump: i've been thinking about payroll taxes for a long time whether or not we do it now or not is, it's not being done because of recession, because we are legitimately, if we had a cut in interest rates by the fed, if they would do their job properly, and if they would do a meaningful cut, because they raise too fast you'd see growth like you've not seen ever in this country. david: so carol we've been hearing about a payroll tax cut since the original tax cuts were mentioned, about a year and a half ago. should we move forward on a payroll tax cut now? >> definitely not at this time. you have to remember what payroll taxes go to fund and that's social security, so unless you're going to redo all of the social security, which is already underfunded i don't think that's the right tool; however i do like the fact that the presiden

much. >>> let's talk further, with mimi now, jonathan, first, given us an idea of how law enforcement approaches situation like this. >> and these are very dynamic and unpredictable situations. when police first get report of an active shooter, right now el paso police and responding law enforcement have a very wide area of operation that they nee threat immediately. so they stop the active shooter. terminology here is key. active shooter means that there is a suspect or multiple suspects that are engaged in the act of shooting a weapon. and causing destruction and harm to individuals and property. so it is key here that they are still utilizing the word that it is an active scene and active shooter. so that means that law enforcement has yet to address at threat and mitigate it. so the public should heed the warning that is being put out to stay away from this area because you could be put in harm's way. >> and some of the businesses are on lockdown. help folks understand the strategy involved there when you have a lockdown situation, you still have an active shooter and people might

, please welcome "queer eye's" fab five, jonathan, antoni, karamo, bobby, and tan [ cheers and applause ♪ ♪ [ cheers and applause >> you have to, you have to. >> jimmy: this is fantastic. i love tan i love that you're doing this right now. i love it so much. clearly -- [ cheers and applause >> yeah. >> jimmy: -- clearly, you have to feel the love from this crowd. [ cheers and applause >> we do >> we love you all >> jimmy: guys, welcome to the show thank you so much for being here and i want to say first of all, congrats on the emmy nomination >> thank you >> jimmy: that's six well done. [ cheers and applause >> i've got seven. >> sven, he's got one of his own. >> for "the game of thrones. >> jimmy: you got one on your own as well. >> i did >> yeah. >> look at you, wow. [ cheers and applause >> thank you >> jimmy: it's just a great show and i want to say before we even go on to the interview, but what you do for the people on your show and kind of making their lives over, it's one thing and it's beautiful and if you haven't seen the show you should watch it but also, i just

corta por momentos y entre aplausos jonathan es nombrado capitÁn por 1 dÍa y recibe sus insignias, la aventura de esta familia comenzaba pues no sabÍa que convertirse en viral este vÍdeo, provocÓ 1 avalancha de cariÑo y buenos deseos para el pequeÑo que padece cÁncer en el hÍgado y apenas le quitaron 1 tumor lejos de mejorar su condiciÓn empeorÓ. >> nos dijeron que ya no tenÍa remedio, que ya se lleno de tumores, y que de 100 niÑos salvaban 10. >> el mismo nos lo dijo, que porque a Él, en ese momento no supe quÉ decirle. >> entendieron de inmediato que no habÍa tiempo que perder y ante este temor de que muriera pusieron rle el sueÑo al niÑo. >> lo trajimos porque Él estÁ fuerte todavÍa estamos preparados para lo que sea pero vamos a luchar hasta el final. >> varias personas pudiera poner de su parte para comprar los boletos de aviÓn y este hotel donde jonathan pudo hacer su sueÑo hecho realidad. >> nadie creerÍa que quien se ve en este vÍdeo allÁ estaban, hace unas 2 semanas. sometido a 1 cirugÍa o del extranjero 80% del hÍgado, la historia del pequeÑo que p

politics meets the world of business. on the brief today, jonathan 11 from miami on hurricane dorian headed to the east coast of florida. emma kenny onn, what the narrowing lead of kenneth were president means, and teslas lead in china. let's go to you down in miami. what we expected to hit land. >> looking at labor day at this point. it is a slow moving storm and the schedule has been changing constantly. this could end up landing as a category 4 storm which is no joke. winds, even aour place like south florida which is compared for this kind of thing, constantly preparing for something like this, you can never be ready. david: we will come back to you and talk with that might mean for florida. in the meantime, let's go to emma in washington. we lost kristen gillibrand yesterday. how many more do we have to lose? emma: nine more will not make the debate stage out of the 20 candidates. that is what i wrote about today. david: we are looking forward to the debate. can people remain in this race if they do not make it onto the debate stage? they can but it will be hard. if they do not

thousands of people returning to the labor force. something very good is cooking out there. jonathan: the president said he is not concerned about the negative reaction for markets. is that a change in stance from the white house? kudlow: know, as i understand that he is just responding to the media response. a day or two in the stock market doesn't make a trend. jonathan: last week was really confusing. outrolled out -- you ruled fx intervention , and then the president said he hadn't ruled it out. kudlow: he said having a strong dollar, there's a reason it's so good. having a strong dollar is having a strong dollar. having a strong currency shows what an amazing country. i stand by those remarks. i thank him for making them. we haven't ruled out any currency intervention. , and theem here president has said many times, it is not that our dollar is strong and reliable and dependable. we love that. money is coming here from all over the world. we are the hottest economy. where the only real major country with solid growth and investment returns. the problem here is the president is c

joining us. i am david asman, joining me on the panel jonathan own neck, jackie d analyst, zachary and gary deese both. president trump taking slack after tax cuts, he says the economy is strong so we do not need them. larry kudlow, national economic council will join us at any minute now. but jackie, if the economy is slowing down and there are signs, today we have revisions of the amp limit figures to the downside, what do you do other than cut taxes? >> it's an option that's on the table and the president took off the table. i think it's a danger talking to much to the media even if the strategy that the white house is considering that they may not employ depending on the cell this plays out. we take every word and we pounce on it. yesterday he was doing and today he is not. he may still do it who knows. >> one obvious example is when stimulants would be taken to the pages of the wall street journal which is to in the tariffs. in the trade war, even larry kudlow himself admitted that the tariffs are in fact taxes on americans. we heard from businesses big and small and all these bah

jonathan, christina, carol and john. the 2020 democrat may not love how the media covers him but he says he wants to save quotes, real journalism, by driving out its corporate owners. he slams the likes of jeff besos sanders new proposal aiming to stop corporate consolidation take antitrust action against tech giants like facebook and google and bolster independent news by endorsing a quote, targeted advertising tax for funding newsrooms. sanders stating part quote, today's assault on journalism i wall street billionaire businessman silicon valley and donald trump present a crisis and why we must take concrete action and we should not want even more of the free press to be put under the control of a handful of corporations and benevolent billionaires who can use their media empires to punish their critics and shield themselves from scrutiny. jonathan, what do you think of bernie's solution? >> free press that means free from government. but out bernie. this is infuriating the government has no role zero, zilch no role in journalism and in speech and in ideas but both bernie in the l

majority in the commons will be cut to one. jonathan blake joins us the commons will be cut to one. jonathan blakejoins us now from bracken. borisjohnson jonathan blakejoins us now from bracken. boris johnson hoping jonathan blakejoins us now from bracken. borisjohnson hoping the boris bounce will work magic for him. how critical is it? it's an important test boris johnson, him. how critical is it? it's an important test borisjohnson, the new prime minister, this early his time in number10 new prime minister, this early his time in number 10 downing street. if the tories lose this by—election, it's not a good look for him and despite what you are saying about chris davies being recalled in those signatures against him, he was reselected as the conservative party candidate to fight the seat and he does have a solid support base being a local man in this constituency, in this rural part of mid wales. about the majority, it's not necessarily a huge deal. if it's cut one, it will make doris johnson's huge deal. if it's cut one, it will make dorisjohnson's life a bit more difficult th

jonathan blake has also been following the story. i spoke to him a little bit earlier. the treasury has said the treasury has said £2.5 the treasury has said £2.5 billion the treasury has said £2.5 billion will be available to fund the 10,000 extra prison places but as to where the money will come from and how they will raise it, they cannot say at the moment so it is another promise from the prime minister since he came to office which has a hefty price tag attached but in terms of how the government will fund these pledges, that is all adding to speculation that this announcement for prison places and tougher prison sentences for violent offenders and extra stop and search powers coming very soon after the announcement to recruit the extra 20,000 officers, all of this is part, many say of a plan by ten downing st to prepare for a general election which could be which could be coming very soon although the prime minister says he doesn't want one and the government says it's not preparing for one that is the sense you get and whether it is at a time of the prime minister's own choosi

talk about it, jonathan wood have senior attorney. good morning thank you for joining us and we also say hi to jason rylander at the defenders. good morning to you as well. remind us in the audience with the endangered species act is and how successful you think it's been in the last 40 years. >> it is one of the world's most successful wildlife conservations. it is been responsible for bringing back iconic species like the bald eagle, grizzly bear the manatee, humpback wha whale, her remarkable record of 1600 species on the list only 11 have been declared extinct since the listed track record we can be proud of. host: with that being said, do agree with the ministration it's time for changes? how come? guest: the truth is, is partially successful, it is been good for preventing extension. 99% are actually understated because most of the species that are gone extinct will probably extinct before the state. but at the same time we are not recovering species at the rate the people want. less than 3%, has been reported to congress for improving or decliningin order species 32 321. host:

could be with us today. i am even more thrilled jonathan ferro is not here. how about high-yield? we will talk to ms. patel about high-yield. arch dissension here. kathy jones saying maybe not, margaret patel saying load the boat. i have no idea what peter tchir is saying about high-yield. stay with us. this is bloomberg "real yield." ♪ ♪ tom: from our world headquarters in new york, i'm tom keene. in fort jonathan ferro. people asking where jonathan is, he is on sabbatical. yield" afteral this historic week. peter tchir is with us, kathy jones, and margie patel. as we move through the weekend and drive the conversation into a tumultuous august end. we have to go to margaret patel on the yield hauled demand for credit. right now we are reaching for yield, we have to get there. the big issue -- goldman sachs had a note on this a couple hours ago, on energy high-yield. is that another problem for high-yield, or was that market cleared a few years ago? margaret: they did a fantastic job of clearing primarily by issuing common stock to clear their balance sheet. yes, i think a sensit

could be some nefarious things going on. jonathan why is this sense as divisive among the kenyans. well the sun sauce is held in every in every country every 10 years i live in england and the census is held every every 10 years every 10 or so in this. country like. tribal and ethnic sensibilities are very very. high and i think nuff care or might be taking to our $48.00 at the suspicions any. species on behalf of the people and. the government you know has suffered a lot i have to make. sure it's not taxed at all in recent times ok so in their governments as concerts and questions and i think it's in lying and it would be need to do that twice to be able to identify you know who lives with you know who he said tracking on who he said for not as well and so forth but you know in the absence of adequate death a petition i get i did with england right and i can give my. some attention from the star by me see if we don't know leaked out that information is protected by data i mean if i don't protect it it will fall to a wrong ok so the government's obvious said i don't go back to hou

be down the tubes. so whether you love me or hate me, you got to vote for me. >> jonathan lemire of the associated press, who will join us in just a moment, reports on the administration's concerns about the economy ahead of 2020. he writes, "trump advisers feel a weakened economy would hurt him with moderate republican and independent voters who have been willing to give him a pass on some of his incendiary policies and rhetoric." trump is now stepping up his attacks on one of two democratic congresswomen who were blocked from visiting israel after he asked that nation to bar their entry and after prime minister netanyahu quickly complied. yesterday we learned that congresswomen ilhan omar and rashida tlaib were not allowed to visit. today israel did relent and gave tlaib permission to visit so she could see her grandmother, who lives on the west bank. tlaib has now decided not to visit on humanitarian grounds. tonight trump weighed in, quote, tlaib obnoxiously turned the approval down. a complete setup. the only real winner is tlaib's grandmother. she doesn't have to see her now.

, jonathan head reports. jonathan: as the last flights came in, the passengers were greeted with a chorus of appeals from young hong kongers pleading for support. they feared the police were about to storm the airport. its sudden closure left travelers he will third -- people there -- left travelers and stuck. therine morgan and her daughter, helen, were due to fly back to britain, but their flight was cceled. >> flew from taipei this morning and it was fine until we got to warrivals, and it mass protests. >> i have a level results on thursday, so i'm hopg i get back for them. jonathan: more people poured into the termil to protest police brutaenty over the d. this incident in particula where cornered, region, and shot at -- beaten, and shot at w,h pepper gu has shocked hong kong. conference, local journalists held up pictures of the images, demanding betteran swers from the city's police chief's. this is now a beleaguered force, detested by many hongon kgers over its handling of the unrest. would china intervened to enforce them? that would be a dramatic and dangerous step. the language

takes off. in this flight, they had a very specialunemen that little guy is 9-year-old jonathan. he's being held up by his dad, he is very happy to be on that flight. one, he's never flown before. two, he's on his way to see the ocean for the very first time. he's a cancer patient and has been very sick. well, his community, the airline got together to take him and make this dream of his a reality. the head flight attendant std o is the one speaking. as she's speaking she is letting little jonathan know she's giving him her personal pin, the half wing on her uniform. one of the captains, one of the pilots of the flight is also giving him -- [ speaking foreign language ] >> they also let him know that he is the honorary captain of that flight. ♪ you can see her holding back tears. in that moment little jonathan looks up at her. you can see him barely being able to mumble the word gracias to her. ♪ they made it to the ocean. and with the help of dad, little jonathan is able to experience what it feels like to be in the ocean. ♪ >>> this first video is from russia. it's shooting ac

spotted the convict on video and knew just what to do. jonathan started with the rest of this from north southeast newsroom. >> you know it's a creepy feeling when the motion alert on your ring doorbell goes off at 3:30 in the morning. even creepier when you turn on the video and you see this, a man rummaging through your carport refrigerator matching the description of fugitive curtis ray watson. these are the images harvey and ann taylor awoke to early sunday morning. >> she said that's him, that's him. so i prepared for if he tried to come inside. then we called 911. >> police swarmed to the west tennessee community where they spotted the fugitive emerging from a soybean field. he surrendered without incident and now faces charges of aggravated sexual battery and first-degree murder. the victim, 64-year-old deborah johnson was a 38 year veteran of the tennessee department of corrections were commissioner tony parker tweets "i've never met anyone more professional or dedicated to the mission of the "deborah johnson's family saying she had a love for the work she did. >> shepard:

changing europe initiative that is at king's college london and berlin jonathan less is deputy director of british influence approach european think tank and on skype from dinner in scotland alastair susi a writer on scottish political affairs gentlemen welcome to you all i might actually go back to my original question which i asked earlier in the introduction pace and that was when was the last time a u.k. prime minister got this sort of reception all over the u.k. i know that no leader is going to be universally liked but jonathan the let me start with you this was pretty embarrassing for a new prime minister. it's massively humiliating and it illustrates something very important about boris johnson which is he's an extraordinarily divisive prime minister perhaps the most divisive prime minister in modern times just a week into his premiership where normally prime minister starts off with a bounce a popular goodwill and popularity but because boris johnson is so reviled for his long career in public this is a rather public service is long reputation for his honesty and his instrumental

zachary, jonathan hoenig, carol roth and john burnette. as we just heard 572 million it's a lot of money but it's just a fraction of the original $17 billion lawsuit, stocks are popping, the stock pop is a result of that. it's actually come down and initially after the ruling, it was up over 4%. its come down to still a healthy 1.9%, so did the judge get it right, jonathan what do you think? >> well david ursino have to imagine at least some of that initial pop was just because of the fact this could have been so much worse. once again the state asked for billions of dollars and they got essentially about half of a billion but the prospect for even more court cases, cases in other states are one reason why we seen the stock come down once again and to the point made in grady's piece there's a lot of factors that go into the opioid epidemic and interestingly medical use is not the major cause of addiction or overdose and my fear is that all this attention, all this regulation is going to mean these drugs are less available to those who actually need them for medical care. >> yeah th

jonathan groff is here as well >> steve: oh [ cheers and applause >> jimmy: it's a good-looking show tonight and we've got music from another stud, rick ross featuring swizz beatz! [ cheers and applause at a fun show, talented i do want to remind everybody, we still got a couple days left for our "tonight show summer reads. we started a summer book club, and the book is "ask again, yes. and i just finished it >> steve: did you? ooh. >> jimmy: dude, it's great it's awesome i didn't vote -- i mean, i'm the one -- you guys voted for it, but you chose a great book did anyone read this perfect. [ laughter ] thank you for participating. >> steve: yeah >> jimmy: the book club -- it has more than one member in the club yeah [ light laughter ] but whatever i mean, what am i talking about? >> steve: yeah, come on. >> jimmy: i'm in the club. >> steve: yeah, sure >> jimmy: you know >> steve: you, me. >> jimmy: but you haven't read it yet >> steve: no [ laughter ] >> jimmy: it is -- it is fantastic. it is about two families of police officers that live together kind of outside the city and t

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asman. welcome to "bulls & bears." joining me tonight, jonathan hoenig, kristina partsinevelos, steve moore and jackie deangelis. now, china signaling today that they would not immediately retaliate against the latest u.s. tariff increases set to kick in on sunday. a spokesman for the chinese commerce ministry saying quote, china has ample means for retaliation but thinks the question that should be discussed right now is removing the new tariffs to prevent escalation of the trade war. president trump also weighing in on the negotiations earlier with fox news' brian kilmeade. listen. >> for 25 years, china has been ripping off the united states. you know that. i talked about it a long time ago. it's one of the reasons i'm probably here as president. i'm in the white house. they have been ripping us off for billions and billions of dollars like babies. there is a talk scheduled for today at a different level. david: let's bring in china expert and senior research fellow at the heritage foundation, dean chang. dean, i thought it was kind of a tepid positive statement by the chinese but

is geoff bennett, msnbc political analyst jonathan lemire, politico white house reporter nancy cook and "new york times" tax and economics reporter jim tankersley. what a great panel. thanks to you all for being here. jeff, the deputy press secretary hogan gidley was on fox news today. he was pressed about this whole idea of a payroll tax cut. let me play what he said. >> if there were to be a temporary payroll tax being considered, what might draw the conclusion that there is a need to stimulate the economy? the economy that, obviously, the white house and the president tout is still on very strong ground? >> first of all, there's a payroll tax cut, not a payroll tax because we are always looking to give people back their hard-earned money. that's what the conversation was about. i was in the meeting yesterday. we talked about all types of options. this president has taken this economy to new heights we never thought possible and so many detractors on the left said couldn't ever happen. >> i don't think geoff, he answered the question, but we know from our own reporting "the new yo

help me are here in the united states. >> joining me now is ronnie miller. they represent jonathan sanchez. ronnie, explain this to us and to all of our viewers out there. what does this mean for your clients like jonathan sanchez? >> good evening. just when we thought that the administration couldn't sink to any lower depths they find a new way to torture immigrant children and families. ending this medical deferred action program is really cruel and unjust. families like the sanchez are receiving families to say they have 33 days to leave the united states or they face deportation. many of these children are receiving treatment for cancer and for other life threatening illnesses. they are actually receiving these letters in the hospitals, in the hospital bedrooms telling them they have to leave the united states. it's just horrific. the families are devastated and really traumatized by this. >> what can you tell us about jonathan's particular case? how is he holding up since he came forward with his story and what is his current status right now? >> jonathan and his mom and dad a

investigation into ongoing violence against pro—democracy protestors. from hong kong, here's jonathan head. this is how it starts every weekend now in hong kong. they've turned improvising barricades into an art form. they work with impressive speed and coordination. there's never much time before the police arrive. these confrontations are now a familiar routine in hong kong's streets. generally, the protesters retreat, avoiding direct contact. but, by nightfall, the clashes were happening in multiple locations across the city and getting worse. the police are stressed and acting at times with little restraint. this was an underground station where protesters were corralled by the police and then beaten and driven down the escalators. the foreign secretary, dominic raab, has called for an independent investigation into police tactics. it's one of the five demands made by the protest movement. but his intervention has not gone down well with china which views this as an internal matter. the longer this goes on, the greater the risk of more overt intervention by china. now, that's some

the country jonathan what do you think about unity how would this government go about it how does it say to scotland yes we do care about you and your your your independence or at least your desire to be more independent yes northern and we worry about you in the border yes whales we worry about your agriculture all of these sorts of things it is in any iraq actually probably a tough job it is the problem is that they have no desire the boris johnson show no desire to even attempt that because if he cared about the views of northern ireland . new did not answer the d.p. but the majority of people northern ardent he said he didn't want bracks said and he was very very concerned about the feature of ireland northern ireland relations . hardbacks or no deal breaks it then he wouldn't be saying we should get rid of the backstop he'd be saying let's have the backstop because peace in northern ireland the prosperity and stability in northern ireland is were important than anything he's not saying that he's saying the brics that is the most important thing but why would he know it was. i

, jonathan swan, national political reporter for axios, michael steele, former rnc chair, juanita tolller at the america for progress action fund. juanita i want you to start. what does this smell like to you. >> it says immigrants, if you want the american dream, get it before you come here. >> come with money? >> come with money, come with education, oftentimes come with pale light skin. >> tell me about the skin part. >> i mean, trump has said repeatedly one african nations are shit hole countries but he would welcome anyone from norway. this is founded racism from the trump administration. >> jonathan? >> you're are from australia. >> how do you hear this yourself as a person? >> i mean -- >> needy people. >> it's not like they've been particularly subtle about this. this has been stephen miller's singular obsession for two and a half years, this particular regulation. the law itself has been on the books since 1880s. it's never actually been properly clarified. >> what does it say? >> it talks about a public charge, about people basically causing a charge to the taxpayer. but

be pretty interesting. >> jonathan, in a recent column that you wrote you cite your colleague jennifer rueben who wrote stop the craziness. does the party need some sort of rallying cry? some sort of catchphrase to motivate its members for this election? >> craig, we all know in talking about it since president trump was elected, the democratic party is energized. it's activated. it's angry and it's been showing up at the polls and special elections since trump was inaugurated. it was almost at presidential year levels. so the party doesn't need activation. but, it does though crystallize why president trump needs to be made a one-term president into three words or into a catchy phrase. and so jennifer rueben proposed stop the craziness. and i propose latch on to senator harris's impromptu late night las vegas utterance of dude gotta go. and it crystallizes everything. just judging from my twitter feed, folks not only love it, but they want the t-shirt, as do i in medium in black. >> it needs a -- you can't just do ddg. you need an "o" for dog. >> oh. >> senator, you covered i

on the brief today, escalating civil unrest in hong kong that close the airport. jonathan gilbert on the market reaction to the argentinian president surprising defeat, and kevin cirilli on the unofficial start the presidential election at the iowa state fair. let's start yvonne, with you. thank you for all of your reporting throughout the day. tell us, are they still don't get the airport open at 6:00 a.m. local time? like things are starting to see a bit of a resumption to normal. i am looking at the screen behind me. a couple of flights have started to update their status and they are starting to leave. early morning tomorrow, tuesday in hong kong. some leaving as early as 1:30. some people that have been stuck waiting by the gate in the last couple hours or so. the crowd has died down a bit in the last couple of minutes. we saw up to 4000 people packed all around the arrival halls and departure all earlier this afternoon. we still not seen the police presence as of yet. a lot of questions, whether they would use force to clear out some of these crowds. dave did not -- they do