tv MSNBC Live With Velshi and Ruhle MSNBC November 28, 2018 10:00am-11:00am PST
thank you very much. >> thanks. >> jeremy, jonathan. and that does it for this edition. we'll be hearing from that roll call. follow the show online, facebook and twitter. and the vote will be reported by ali velshi for "velshi & ruhle." >> thank you very much. i'm ali velshi. stephanie is off today. let's get smarter. >> president trump's gut, his gut tells him more than anybody else's brain. that is just one of several new declarations by the president in a wide ranging interview with "the washington post." the president points his finger squarely at the man he chose to lead the federal reserve calling the fed his biggest threat. >> he said i'm not even a little bit happy with his choice of jay, jay being jerome powell. >> as always, the decisions will be designed to keep the economy on track, in light of the changing outlook for jobs and inflation. >> about a meeting with putin at
the g20 meeting to take place in argentina and he said this. quote, maybe i won't have the meeting. maybe i won't even have the meeting. we're going to see. >> he did not like the aggression that he saw in the black sea over the weekend. >> the president is again questioning the agency's high confidence assessment of the crown prince ordered khashoggi's murder telling "the washington post" maybe he did or maybe he didn't. he denies it. >> that audio intelligence of the killing of jamal khashoggi, have you heard that tape? >> no, i haven't listened to it. and i guess i should ask you, why do you think i should? what do you think i'll learn from it? >> you are the national security adviser. you might have access to that sort of intelligence. >> how many in this room speak arabic? i'm trying to make the point that everybody that says listen to the tape, unless you speak arabic, what will you get from it? >> it is time to send saudi arabia a message, both on its violation of human rights and the incredible humanitarian
catastrophe of yemen. >> secretary mattis and myself briefed the senators who wanted to hear from us. we talked about u.s. policy in yemen and with respect to the kingdom of saudi arabia. we also, obviously, spoke about the heinous murder of jamal khashoggi an we made clear that they're considering debating a resolution on the senate floor which we think is just poorly timed. >> the most persuasive presence in this briefing was the empty chair, the chair to be occupied by the head of the central intelligence agency. we were told it was the direction of the white house she not attend. i cannot recall a briefing on such a sensitive measure we were denied the intelligence assessment of the united states. >> let's make this clear. president trump is ordering officials to keep out of the room of briefing other senators.
last hour, senators on both sides of the aisle expressing disappointment with the president saying that the white house ordered cia director haspel to not attend today's briefing on capitol hill about the brutal murder of "washington post" journalist khashoggi and the civil war in yemen. last hour mike pompeo was asked why haspel wasn't there. >> why wasn't the current cia director here briefing senators, as well? >> i was asked to be here and here i am. >> but -- senators were frustrated. normally in the past role as cia director you would be here briefing the senators on an issue of the senate. why isn't the cia director herself here today? >> i was asked to be here. and i'm here. >> wow. i was asked to be here and i'm here. that is the united states secretary of state. unable to answer a simple question of why his predecessor at the cia wasn't at those hearings. this comes as trump continues to
defy evidence from of his own cia relating to the murder and why mohammed bin salman ordered it. two weeks ago, the cia concluded that the crown prince did order the assassination despite what the saudi government claims but trump says maybe he did and maybe he didn't but he denies it and the cia did not say he did it either way, by the way. that's not all. on the same day, mike pompeo a saying in a "the wall street journal" on ed we don't condone khashoggi's murder but -- but the kingdom is a powerful force for mideast stability. briefing the senate behind closed doors. all right m l. let's take a look at what's going on in yemen and why it matters. here are the facts. the united states is involved in a proxy war in yemen that killed thousands of people including
children and estimated 85,000 children under the age of 5 may have died from malnutrition, alone. this is yemen. unlike the neighbors, it doesn't have a lucrative oil industry. it's one of the poorest countries in the world. the conflict pits the internationally recognized government of president backed by the united states and saudi arabia against the rebels who are now backed by iran. that wasn't the original case. the u.s. is also backed a saudi-led air campaign to destroy the houthis but it's now a proxy war. the houthis control much of northern yemen including a port, the entry point of 80% of food and relief supplies. the u.s. and saudi arabia say the rebels use rockets to target
saudi cities and oil tankers in the red sea. the u.s. coordinates those air strike targets with the saudis but the pentagon said the u.s. will stop refueling coalition aircraft in the attacks but the air strikes are important. some of them have missed their targets. in august a bomb said to be made by the united states hit a school bus. at least two dozen children were among those killed. the saudi-led coalition said the strike was a mistake. it worsened a dire humanitarian crisis. according to the united states, more than 22 million people of yemen need help. 14 million facing starvation. nearly 2 million children suffer from malnutrition. more than half of yemen's medical facilities damaged as the country struggles to deal with disease outbreaks. joining us now, garrett haake is live on capitol hill and the president and the ceo of the wilson center jane harmon joins me. when's a simple answer to this?
congress needs answers in order to make decisions. haspel has some of the answers that they need. the cia head. any particular reason that we have that she wasn't allowed to be at that meeting or wasn't at the meeting with senators? >> reporter: based on the framing, ali, the way to think about this, those aren't the questions the white house wants to answer today. the purpose of this meeting from the administration's perspective was to convince senators to vote against this resolution pulling u.s. forces out of that war in yemen. you had the secretary of state and the secretary of defense trying to present their case today that this is a war the u.s. needs to be involved in, both for regional purposes of maintaining stability in the region, sticking by our ally in saudi arabia, standing up to iran, and the secretary of state argued that by the u.s. pulling out they would make matters worse on the humanitarian basis. they did not want to talk about the khashoggi killing today anymore than they absolutely had to. and i think the presence of gina haspel here would have made that
issue harder to avoid than it was. >> jane, in this op-ed, secretary of state, former cia head, pompeo calls u.s. and saudi relations vitdal and i guess these things are a little -- everything to do with diplomacy is a little bit different and not sure that's the right framing. >> i think it's the wrong framing. let me first say that the cia has high confidence that mohammed bin salman, mbs, directed the killing of khashoggi. high confidence means they have adequate proof that he directed the killing of khashoggi. that's what it means. i spent years learning cia speak. that's what it means. that's why they don't want her near congress because that's what she would have to say on behalf of her agency. on the rest of it, i don't understand this -- this binary thinking. mike pompeo has a subtle mind.
his op-ed isn't subtle. he said the choice is to keep saudi arabia as an ally. therefore, we have to defend mbs. or lose saudi arabia and iran dominate the region. those aren't the choices. saudi arabia is a valued ally of the united states but mbs doesn't have to be the crown prince. i mean, that's a decision for the royalty there to make but we can certainly put pressure on them. we try to put pressure on all kinds of folks everywhere and he's shown by his actions, not just the killing of khashoggi, but the reckless war the yemen and a number of other things that -- and the imprisonment of the royal family and torture of some of them allegedly, that he might not be the best choice for the ailing king to make as his heir. >> garrett, this really does bring to the fore what congress' powers are in these things. the senate expected to vote on a resolution to withdraw u.s. military support of the yemen
conflict. look. as i pointed out there, this isn't just a matter of us supporting saudi arabia. the united states is actually involved that conflict. we have pulled back from refueling the saudi jets in flight. but there is a humanitarian crisis the united states has a hand in and the allegations are that the trump administration is willingly turning a blind eye to it. this was going on under the obama administration, as well. but can -- can the senate push the white house on this? >> reporter: they're certainly trying in part because of the reasons you outlined and to exert their constitutional authority here. the constitution is pretty clear about the declaration of war and as you pointed out this involvement in the civil war in yemen started under the obama presidency, continues under the trump presidency and made for strange bedfellows. primary sponsors of the legislation here, bernie sanders on the left and mike lee on the right and not expect to see them
in the same room even very often and their concerns are different but overlapping here and also to have any real force have to get through on the house side, as well. if you see the senate muscle something like this through as a rebuke to the 3president, it might give it more momentum in the other chamber and talking to senators as they left this room today, this briefing, not a single one said they were more inclined to back the administration than they had been when they went in. we heard many more defections of folks saying they voted against this resolution than in the past and now they're ready to reconsider. >> jane, take it to a higher level here. g20 about to start. mohammed bin salman arrived there this morning. we are looking at pictures of that. vladimir putin is going to be there. there are human rights activists, you know, there criticizing a whole lot of things going on. what if anything is going to get done in argentina with respect to the things that president
trump needs to get done there? >> he has a series of so-called bilats with heads of countries. he doesn't have one as far as i know with mbs. he has a dinner with president xi of china and that's a very important conversation that needs to be had. i think it's an opportunity to get a lot done. for example, he has a scheduled meeting as i understand it with vladimir putin. there is some pressure on him to cancel that meeting. i think that's the right call. given putin's aggression in ukraine. i don't think we want to give them a pass on that, too, and here's a chance for president trump to be on the right side of that issue. so that's one thing he could get done. he's meeting with a number of other governments, including in asia. north korea seems not to be mentioned anymore. but let's remember that there was going to be some progress on a denuclearization deal with north korea. haven't noticed that lately. and going back to yemen, i think
congress is right to push, to disallow u.s. aid and it's not just refueling. we are not -- >> that's correct. >> we don't have boots on the ground here but we're aiding and abetting this effort creating the greatest humanitarian crisis at the moment on the planet. >> thanks to you both. we'll continue to follow the story closely. president trump is refusing to accept guidance from the experts, this time blaming the hand picked federal reserve chair for the market selloff and general motors job cuts and factory closures. we'll talk about that next. by the way, take a look at the markets. harp uptick earlier. the dow up almost 1.8%. we'll tell you about that, too, when we come back.
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all right. the federal reserve is a nonpartisan central bank created by congress with the goal of stabilizing the financial and monetary systems. what the president is keen on criticizing his appointee jerome powell in a new interview with "the washington post." listen to what he had to say. trump said, so far, i'm not even a little bit happy with my selection of jay. not even a little bit. going further to say i'm doing deals and i'm not being accommodated by the fed. not the fed's job to accommodate the president in deals he does and saying his gut should be trusted over someone else's brain saying they're making a
mistake because my gut tells me more than sometimes anyone else's brain can ever tell me. these are real things said by the real president of the united states. these remarks are not only concerning but dangerous because this is yet another example of the president of the united states attacking parts of the government that were intended to be free of political interference. yet he continues to politicize institutions that were always meant to steer clear of politics. the judiciary is not there to help the president . the federal reserve is not there to help the president. by attacking the fed and interfering he compromises the independence that the federal reserve needs to set monetary policy. cnbc editor at large john harwood joins me live. not everybody gets as worked up about the president's comments on the fed but the fact is it's really important. central banks around the world based on certain principles.
they don't operate on the same cycles as elections of prime ministers or presidents. they're kept separate because monetary policy needs to depend on the data and what's actually going on, not on what the president wants to happen. >> well, exactly. and you put your finger on it, ali. the president's world begins and ends with the affect of any phenomenon on himself. and so, if he thinks that jerome powell and the policy on interest rates is bad for donald trump he is upset with powell. if he thinks something that another politician does is bad for donald trump he'll be upset with the politician. he is not able to elevate larger, broader concerns beyond his own well-being n. this ca. in this case, it's fascinating because you have jerome powell, donald trump's appointee to run the fed and now facing a decision about whether to raise rates again in december and what
happens next year. and he is giving the speech just a few minutes ago in which he made remarks that were taken by the market as suggesting a pause in the rise of rates and markets are booming. this is what trump wants. if jerome powell really intends to have a pause, to not raise rates in december, does he play into the idea that he is not independent? because donald trump went after him. and there is some basis for a pause. jason fuhrman who was the head of the council of economic advisers of president obama wrote an op-ed today saying they should pause. that is in line with trump's desires but does jay powell go there? don't know. >> in the history of presidents not agreeing with the fed chairs is okay and goes back a long way and the concept of the president's wishes exercised by the fed, his gut over their brains, that's a little bit
worrisome. the president in the same interview blamed the fed for general motors plant closures. here's what he said. oh, it says -- let me read it. i disagree with the fed. i think the fed has a much bigger problem -- is a much bigger problem than china. what's he saying there about the fed having influence on a bigger -- bigger influence than china on general motors? >> well, he is saying that the fed is there to serve him but in reality general motors is there to serve its shareholders and its customers, not president trump. they're going to make their business decisions. he threatened them. and his lashing out at the fed is another way of blaming what may look like bad economic news in terms of market turbulence, in terms of slowing growth, he is trying to lay the blame on other people. remember, as you and i both recalled, while barack obama was president, president trump attacked the fed for
accommodating president obama, for keeping rates low that he said was for political reasons. now he is openly calling for the same thing. in fact, he did it in the interview with our friend at "the washington post." >> yeah. he didn't like the fact that rates were low and he thought that rates should be higher and now going higher he likes the fact they were low and would have liked janet yellen. >> i don't believe that there's any reason to think that janet yellen's 5'3" stature impaired the ability to run the fed and got raise for. >> she was well regarded. >> she did many of the same things that jerome powell did and is doing. >> and she would have got in the same trouble. good do see you my tall friend. cnbc friend.
he's taller than me. it's called a segregation tax. homes are undervalued by billions of dollars and having an affect on american families. house democratic leadership elections are under way. nancy pelosi is expected to be nominated as speaker any time now. she's unopposed and is expected to easily win the vote on the nomination. some two disease democrats oppose her arguing that the party needs leadership and nobody's put up a candidate. the vote on the speakership takes place in january. hakeem jeffries won the position of democratic caucus chair. the 48-year-old argued for a shift in the democratic party to reflect america's diversity. you are watching "velshi & ruhle." managing my type 2 diabetes wasn't my top priority.
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builds wealth in the form of equity in your home. now, through the mid 20th century, local governments and financial institutions used a practice known as red lining. they would literally draw red lines around black neighborhoods leading to fewer municipal services, lower home values in those areas. but that was supposed to have ended. a study of the brookings institution found that neighborhoods that at least 50% black have an average, an average of 23% lower home values. this is serious. the devaluation to give you a bit about how this is done, measured against comparable neighborhoods looking at price differences in neighborhoods of 50% black populations versus neighborhoods that have fewer than 1% black residents. it also looks at structural characteristics, the year the home was built, number of rooms. and it looks at neighborhood amenities, the physical
landscape, the economic status, the quality of education, did types of stores available. when all of those are equalized, we're looking at -- comparing apples to apples here, homes in black neighborhoods are undervalued on average by $48,000. that is a loss of $156 billion in home value for millions of americans, mostly african-americans and white americans who live in majority black neighborhoods. brookings looked at 113 different areas that had at least 1 majority black neighborhood and compared home values to home values outside of the majority black neighborhood. all of the purple, these are all purple, purple areas are areas of devaluation. you can see them. all over the eastern part of the country, where majority black neighborhoods have lower home values than other neighborhoods that are otherwise equal. the green, you can hardly see
them. here, here, here. there are a few areas of appreciation where majority black neighborhoods have higher home values than non-majority black neighborhoods but the overwhelming majority of cases of which black neighborhoods have lower property values. in florida sebastian-vero beach area, higher valuation but far more areas that have devaluation. perhaps the starkest area is lynchburg, virginia. neighborhoods there have home values 81% lower than in other areas. absolute home value almost totally wipes out the value of the highest appreciation in the study which is the sebastian-vero beach area. joining me is the lead author on that study, andre perry of the brookings institution. you have put into a study something that we have known of but is so influential because it's not just about your home
value. it is going back decades to the home value that african-americans have tried to achieve so that they can pass on to other generations so it is -- it is hurt generation after generation that african-american neighborhoods have been undervalued, it means that african-americans can pass on less to their kids. >> absolutely. the $156 billion that my colleagues jonathan rockwell at gallup and david harshberger is really the amount of money that we use to uplift our social status so it's the money that should go to starting a business, going to college, improving your home or even moving to a better neighborhood. >> right. >> that's what we use the equity for. but essentially, racism is robbing people, black people, of that ability to uplift
themselves. >> paired with your report is some interesting numbers from the national bureau of economic research that 54% of the wealth owned by black families is in home ownership so it's a massive source of what wealth there is in black households. so this is so critically important because it's not that home ownership is just one piece of the wealth of african-americans. it is the majority of it. >> yeah. and we got to remember that black folk believe in the american dream and we strive for the american dream. also in the report we found that black communities, majority black communities, hold about $600 billion worth of housing assets. there is power and strength in black communities. we are doing what we are expected to do. but the devaluation is taking away more opportunities to advance ourselves. the narrative has been that black folk are the problem for
declining neighborhoods, that black women's marital status, that black boys who won't pull up their pants are the reasons why black communities are not moving up. but our research clearly finds that the devaluation, the perception of a negative value is robbing black residents the opportunities for growth. >> it is a vicious cycle. i spent a lot of my time in philadelphia and your study found that philadelphia, close to the average of home devaluation had a lower number of libraries in some of those areas, game this out. if the value of the home is lower it then creates a circle of institutions don't get sled -- get settled in there. >> you devalue a neighborhood, there there's divestment.
school quality goes down because there's not a lot of revenue in the neighborhood. it's a vicious cycle. again, it's not black folks' fault. these are great assets. they should be worth more. 23% more and that money should be used for those community benefits. >> i want to show you more research from the national bureau of economic research holding weal holding wealth of black versus white americans and around the great recession wealth falters in both cases. it falters by a lot more because white americans had more wealth to lose and then it comes up. whereas black wealth, again, if it's dependent on property, it didn't drop as much. didn't come up by as much either. >> yeah, you know, this is the problem. wealth gives you the ability to withstand the shocks that inevitably will come.
you lose a job. you get sick. your son or daughter gets married. you typically leverage your equity to fill those gaps. the inability for blacks to gain wealth hurts our ability to deal with the shocks that will come. and so, what i have been advocating for is for us to clearly have policies that help us deal with the racism that's baked into real estate agents, appraisals and lending practices. but i'm also saying to the black community, hey, this report that you can get at brookings.edu you can see your price and -- what your home should be worth and you can demand value by animating the activity in your community. say, hey, we are worth more. we deserve more. we can invest more in our black communities. >> great conversation and research. thank you for joining me.
all right. accommodating up next, a nbc news exclusive. the u.s. military's helping out in an urgent crisis not far from home. navy doctors are treating thousands of venezuelan refugees after the country's medical system collapsed. we are live from the u.s. hospital ship. so a tree falls on your brand-new car and totals it. and as if that wasn't bad enough, now your insurance won't replace it outright because of depreciation. if your insurance won't replace your car, what good is it? you'd be better off just taking your money and throwing it right into the harbor. i'm regret that. with new car replacement, if your brand-new car gets totaled, liberty mutual will pay the entire value plus depreciation. liberty mutual insurance. ♪ liberty. liberty. liberty. liberty. ♪ but one blows them all out of the water. hydro boost from neutrogena®. with hyaluronic acid to plump skin cells so it bounces back.
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doctors treating refugees left helpless after the medical and economic systems collapsed in venezuela. many are free fleeing in a life or death fight and many in dire need of medical care. to put it in perspective, the u.n. says by march of next year more venezuelan would have fled their country than those who have escaped from war torn syria. nbc's kerry sanders just off the u.s. navy hospital ship "comfort." what did you see while you were there? >> reporter: well, to give you sort of an example of the crisis, and you will build on this, let me take you over here. this is the world food program and you can see lined up here, they're providing food to those who need it. these are some of the refugees in this region. but with the numbers that you are talking about, we are talking about a tremendous need. 1,500 a day here for breakfast or lunch. you can see here it's putting a strain on colombia which is where i am right over the border. let's take you off the coast here and as you can see that
there is the "comfort." that is the naval ship just off the coast and what they have done is brought it into this region and there are helicopters going back and forth, back and forth, picking up those refugees from venezuela who have this need for some additional medical care. in some cases because the system has collapsed in venezuela. and let me give you an explanation of what it means. i met a woman saying my child heeded a hernia operation. he was in pain. the doctor who was still there, because so many doctors fled, the doctor was still there said i can do it but you have do get what i need in the operating room. that meant the sutures, the scalpels, go on the black market to try to find anesthesia. on the black market, eventually she said i can't do this. she came across the border with her family. that's the sort of people that are being flown out and the american doctors are treetdiati
them. i spoke to a doctor on board. why would america head down to this part of the world to help these people? they're not americans. >> i think there's a variety of good reasons but that's what america is all about, supporting our neighbors, back to pioneers on the plains. you never watched a neighbor in distress and just ignored them. you brought them back to a level of self sustenance be a neighbor and if you're in trouble they can help you out. >> reporter: so the cost of this mission in medical supplies, $2.4 million. with about 16,500 patients seen so far on this -- well, about 18 days into a 25 mission. the cost is under -- well, about $150 less per patient. so you heard what the doctor said, ali. they feel they're making a difference here in a part of the
world where they definitely need some help. >> i have seen the "comfort" in new york harbor after terrorist attacks. it's sent to places where there are, you know, major and immediate issues. the problem with venezuela, though, that situation is getting worse. i mean, the idea that refugees are fleeing into colombia, the idea that there could be more refugees than we have seen in the syrian crisis, what you have got, those people on to the "comforts" won't go down. they'll go up. >> reporter: they are going to go up, and it's putting a strain on neighboring countries so you have the refugees who are the most made their way here to colombia and going to peru, ecuador, brazil, putting a strain on the local systems and the fear to have a ripple effect. of course, you know, that is strong country and colombia and getting that sort of help there and understand when somebody comes from, say, venezuela, they have a medical need, let's say it's a mother who has cataracts
or something, if she needs to get that care and can come back, she's no longer leaning on this country to care for her children. because she could see or maybe it's a hernia, whatever. some children have been burned, they have burn issues. they're not doing neuro surgery out there and the delicate sort of things but helping people deal with the problems they have so that they can live here and i think the greatest -- the greatest sadness that i heard from those who have made their way here, whether they made the way in a month ago or been here for two-plus years is very few tell me they believe that they'll ever be able to go back so they have sort of given up on the possibility of venezuela returning so that they can return. >> wow. >> reporter: you follow money issues. understand the money in this country. according to the imf, the inflation rate is 1 million
percent. money is worthless. >> it is a country full of people and full of natural resources. didn't have to be this way. thank you for reporting. we'll continue to do that. venezuela did not have to be in collapse. as you can see much more of the reporting tonight on "nbc nightly news" on your local nbc station. next, a dire warning of climate change and how to devastate the economy coming from the federal government itself and president trump said, guess what. he doesn't believe it. we'll break down what's in the report and talk to one of the authors next. george woke up in pain. but he has plans today. hey dad. so he took aleve. if he'd taken tylenol, he'd be stopping for more pills right now. only aleve has the strength to stop tough pain for up to 12 hours with just one pill. aleve. all day strong. - [announcer] powerful cleaning. that's what you expect from shark, and our newest robot vacuum is no exception. from floors to carpets, it tackles all kinds of debris, even pet hair, with ease. but what about cleaning above the floor?
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i have a gut and my gut tells me more sometimes than anybody else's brain can ever tell me. that is a quote by the president of the united states. president trump gave that quote to "the washington post" to justify ignoring experts in his own administration. this time, it's scientists. the president spent much of the work refusing a report of his own government. the administration is drawing criticism after the fourth nation alkali mat assessment was released over thanksgiving weekend instead of early december as originally scheduled. issued by 13 government agencies
and mandated by congress to be released every four years, the new report presents the starkest warnings yet of the consequences of climate change for the united states. among the findings, and this is a places like miami are hitting record numbers. threatening 1 trillion dollars worth of coastal real estate. that other costs between now and 2 2090 could reach above $500 billion just in climate change related damaged. temperatures could increase anywhere between two and a half degrees to more than eight degrees higher than they are today. eight degrees. think about that. that doesn't just increase the likelihood of heat waves but it hurts crops and livestock that
america relies upon to survive. each of those dots, take a look at it. each of those dots represent a defense asset vulnerable to climate change. the united states military does take this seriously unlike the president of the united states. in the last report, in 2014, it was the basis for new regulations put into place by the obama administration which took this seriously to help curve and mitigate the effects of climate change. the exact regulations president trump campaigned against and has been systematically rolling back. the new report warns if something is not done we can expect more frequent and intense extreme weather and climate relates events. the response to these warnings is this. >> have you read the report yet? >> i've seen it. i've read some of it and it's fine. >> economic impact will be devastating. >> i don't believe it.
>> you don't believe it? >> no. no. i don't believe b it. >> he doesn't believe it because his gut is better than other people's brains. brenda is a climate sscientist. she worked on the national climate assessment. i would like to thank you for your work. i don't trust my gut more than other people's brains. it's larger than most people's brains but not better. the president said scientists have a political agenda. what's your political agenda in this? >> there's no politics. the science -- this report is not policy prescriptive. it's mandated by congress. what the report clearly shows is that climate change is not some distant future threat. it's happening everywhere in the united states. alaska, hawaii, puerto rico and
u.s. residents are being forced to cope with dangerous heat wave, deadly wildfires, devastating hurricanes, extreme rainfall and we know that these costs. these events will only get worse if we continue having unabated heat trapping emissions. >> sarah sanders said this report quote is based on the most extreme scenario and that climate science is never exact. tell me a bit about that. do you recognize it's inexact and is this the most extreme scenario? >> just nfor the record, the scenarios are assessed in prior assessments. we use high emission scenarios and low emission scenarios and even lower than that. we show we could avoid some of the high costs that are out
lined in the report if we choose and embark upon the lower emissions scenario. we could cut out the cost of extreme heat mortality if we go to the low emission scenario. >> i showed a chart from a section of your report earlier. you have broken this out in places of where this hurts. draw me a line between climate change and economic damage. >> i think a lot of u.s. residents wouldn't be surprised at the one circle that's blue the cost to coastal properties. it could be 22% lower if we did
an even lower scenario. it really makes a lot of sense to embark upon the paris climate agreement goals because we can shave these damage cost, avoid them. >> thank you so much for joining us. we appreciate that. senate republicans blocked a vote on a bill to protect robert mueller and his invesnvestigati. that comes up from jeff flake promising to hold up votes. they sought to bring the bill to the floor but mike lee argued the bill is unconstitutional and only one senator is needed to object. the meeting of the executive finance committee is now in session. and... adjourned. business loans for eligible card members up to fifty thousand dollars, decided in as little as 60 seconds. the powerful backing of american express. don't do business without it.
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at comcast, it's my job to develop, apps and tools that simplify your experience. my name is mike, i'm in product development at comcast. we're working to make things simple, easy and awesome. that's it for me. thanks for watching. i'll be back here at 3:00 p.m. eastern. katie picks it up here. i'll be back in an hour. sgr i look forward to seeing you. paul manafort is sitting in solitary confinement with his plea deal revoked, trump's campaign chair could face more time in prison. the special counsel ended their witness cooperation agreement accusing manafort of repeatedly lying. what he lied about is still unclear. the new york times reports this which is interesting.
a lawyer for paul manafort, the president's one time campaign chairman repeatedly briefed president trump's lawyers on his clients discussions with federal investigators. curious. after mr. manafort agreed to cooperate with the special counsel. even more curious. was paul manafort angling for a pardon? what about that guardian report that said manafort met with julian assange at the ecuadorian embassy. he is threatening to sue the paper. the guardian is standing by its reporting. it says manafort met with assange there three times in 2013, 2015 and the spring of 2016 just as manafort was becoming a key figure in the trump campaign. american intelligence says assange and wikileaks were acting as a cover for the russian state when they released illegally hacked dnc and clinton e-mails during the 2016 election. if the guardian report is true, it could