Skip to main content

tv   Morning Joe  MSNBC  June 7, 2022 6:00am-7:00am PDT

6:00 am
♪♪ live look at capitol hill. just before 9:00 a.m. on the east coast, as we roll into the fourth hour of "morning joe." welcome back, everyone. we've got a lot to get to this hour. members of far right extremist group indicted on seditious conspiracy charges related to the january 6 attack on the u.s. capitol ahead of thursday's prime time public hearings by the house select committee investigating these attacks. we have details about who their first witness will be. also, it is primary day in seven states across the nation today and we've steve kornacki to break it down for us. and the latest in the debate over gun safety, as a potential
6:01 am
deal in the senate could be reached this week. we'll ask senator amy klobuchar about the possible agreement when she joins us live in just a moment. >> but we begin with the former head of the proud boys, enrique taria, has been indicted on seditious conspiracy. the ten-counts indictment which adds to previous conspiracy charges accused him of and others to direct, mobilize and lead the january 6 insurrection and to oppose the peaceful transfer of presidential power by force. the new charges each carry a sentence of up to 20 years in prison. tarrio is one of a hand full of january 6 defendants to face conspiracy charges. one the others is the head of the oath keepers. his name is stuart rhodes. he met on the january 5th to
6:02 am
discuss january 6. this is documentary as it took place in a parking garage near the capitol used against one of the january 6 participants and was released at the request of nbc news. both that video and the meeting likely are to be a big part of the january 6 committee's first prime time hearings set for thursday night. the filmmaker who shot that video you just saw is named nick questin. he will be a key witness. he was embedded with the proud boys after and during the insurrection of january 6. much of the footage is yet to be released but it could be played as part of the hearing. and the committee will hold a second public hearing on monday, june 13th. >> that will be begin at 10:00 a.m., mika. >> as we await the first public hearings on january 6, the nation's attention has been fixed on another huge issue. the wave of gun violence, mass
6:03 am
shootings, most notably the attack in uvalde, texas, that killed 19 children and two teachers. we're now hearing from a third teacher who was inside of the classroom when the gunman broke in. he was shot twice but survived. he told abc news he's furious police didn't do more to help. >> i get more angry because you have a bulletproof vest, i had nothing. i had nothing. you were supposed to protect and serve. there is no excuse for their actions. and i will never forgive them. >> how many students were -- >> 11 students. >> so the shooter killed every single student in your
6:04 am
classroom? >> yes, ma'am. that is when i got to thinking, you know, this family lost one. i lost 11. >> willie, it is just, again, i was asking earlier how gene robinson, asking how do we process this. and it really, it just keeps getting more difficult to process how police officers are outside, kids are yelling we're in here, calling 911. and the officers again -- >> are held back. >> are held back and told to come back outside. it is just, again, i know these parents, these teachers, people of texas need answers. why -- how in the world it could happen? >> imagine being a parent and
6:05 am
listening to that account from the teacher. you have the forever pain of losing a child, then you have the horror of the way your child died. and then now the fury over the fact that it could have been prevented if those police officers had gone in. we have a situation now where that fourth grade teacher who was shot twice himself, he's apologizing to the parents on national television for not doing more to save their kids. that is not his job. he did everything he was taught to do. he did everything he was capable of doing in that moment. but it was too late. and to hear him describe those police officers outside and the kids caller for help but the police officers having left, it makes your blood boil because the question we had a week and a half ago when we heard about the delay was could it have saved lives and it is becoming very clear now over the last week or so that the answer to that question tragically and
6:06 am
infuriatingly is yes. >> and when we look at to what was the delay and the thinking, chances are we're going to find out the thinking was the type of weapon this young man had. two of them. and how to deal with it. >> well now -- >> the rules are that a bad call was made. but they were looking at a person who had two weapons of war. up against their handguns. and then ultimately the body armor they were wearing. it is still was a situation where they were potentially outmatched. it is really, at this point, the police are in a bad position and i feel terrible for members of the uvalde police department who some of them even reportedly wanted to have a mutiny,ed to run in. many of them, i would contend that most of them would have done anything to get the go ahead to run in there. that is what cops do. that is what their made to do. that is their instinct. and to be held back, i wonder
6:07 am
what the reasons why were. >> they didn't do it. and the reasons are pretty elemental. >> assault weapons. >> no, they had, again on the inside, you had an 18-year-old deranged killer who had a weapon of war. had a weapon that was designed for war. let me say it again. because it bears repeating, a weapon more deadly, more deadly than the weapons we gave our soldiers and our marines when they went to vietnam. and so, we have to sit back and take this. i don't think so. i know there are a lot of republican senators who think we're stupid and they could say oh, my god, well you're taking away our constitutional rights. if you require somebody to be the same age or required to drink a beer as they are to carry around a weapon of war. that is just not -- there is nothing in the constitution that said it would be
6:08 am
unconstitutional. there is absolutely nothing in case law. there is nothing that the supreme court has decided on or anything they said during heller that would suggest that. and so we find ourselves in a position time and again, mika, where our law enforcement officers are actually overpowered. >> yeah. >> and outmatched by weapons of war that a crazy person can get at 18 and could go in and mow down children. and guess what, this is not new. this keeps happening. it is what happened almost ten years ago in sandy hook. >> and here we are with democrats just trying to get what they can get. and what they're getting doesn't even deal with this. >> again, what -- why -- >> if they get it. >> -- why are republicans pushing back. what are -- who are they protecting? because they're not protecting
6:09 am
children. who are they protecting? because they're not protecting grand moms going grocery shopping for their families. >> they're not speaking for gun enthusiasts who hunt or would like to have a responsible gun owners are fine. >> yeah. responsible gun owners would be the first to say, no, i don't want 18-year-olds being able to walk into stores and getting weapons of war. so the fact that this is a sticking point, the fact that republicans are blocking debate on whether an 18-year-old should be able to walk in and get a weapon of war more powerful than a weapons that were used in vietnam, that is really sick. >> senator negotiators are hopeful that they could reach a deal on a gun reform deal by the end of the week. senator chris murphy, the top democrat in the talks said the conversation is focused on
6:10 am
background checks, red flag laws, mental health and school security. the senate's top republican mitch mcconnell has endorsed a negotiation and said he's hoping for a bipartisan outcome. joining us now amy klobuchar of minnesota. she's a member of the judiciary committee and thank you so much for being on show. >> thanks, mika. >> what kind of deal are you hoping to get? >> strongest deal as we can. something that will actually make a difference. because it doesn't make a difference, it is not worth doing. and i think the negotiators understand that. i have personally spoken with both senator murphy, i've talked to senator cornyn, and i know that they're working hard on this. just a step back, i appreciated what you said, mika, about the individual police officers. certainly we saw this during the insurrection. major deadly mistakes could be made at top. but it doesn't reflect on what
6:11 am
the individual officers would have done. but the other piece of it, which i think, joe, you got into, is that these assault weapons shouldn't be in the hands of 18-year-olds. so i have urged my colleagues, i'm for an assault weapon ban and i come from a strong hunting state, minnesota, but if they're not going to do that, at least look at the 18 to 21-year-old ban. matthew mcconaughey wrote a good piece in usa today, he's from uvalde and spent the week there with his wife. and i think people need to listen to other voices on this. and this idea of going from 18 to 21 would be a game-changer when you look at buffalo, when you look at what just happened in texas. because of the fact not in every shooting, but because of the fact that you have young kids looking at internet all day, getting targeted with ads for assault weapons and making snap decisions to go out and buy an assault weapon. and it is really bad idea to put those guns in those young hands
6:12 am
unless there is someone in the military and has been trained. >> so senator, if you can, help us out, i asked jonathan lemire earlier and, you know, i grew up in southern states, most people i knew had guns, had shotguns, hunting rifles. for the life of me, i can't understand why any republican would block debate on a discussion of moving 18 -- the age from 18 to 21 to buy a weapon of war. and i could guarantee you, the majority of the people that i grew up with in the deep south, who go hunting every fall, who have been hunting their entire life would agree with me. >> exactly. i always say my uncle dick doesn't need an ar-15 in his deer stand and he's hunted his whole life. and we have many, many
6:13 am
responsible gun own tharz support doing something on background checks on magazine limits on ghost guns. people are with us. closing boyfriend loophole for domestic abusers which is my bill and my colleagues will have to muster the courage to take on the old ways an actually move forward for the people of this country. and if we can't get a strong enough deal that actually does something, we'll continue pushing this all the way to the ballot box in the fall. the people are with us. they have had enough. >> good morning, senator, klobuchar, you're colleague senator murphy has gone out of his way on this show over the last week or so and in other public places to say that he believes republicans have come to the table in good faith. that he hasn't seen that much energy or participation on the republican side, though the bar may be low for that on this issue in a long time or maybe ever. do you share that sentiment. do you believe that something meaningful will come out of this
6:14 am
conversation? >> yes. i have a lot of faith in chris and i personally had dinner with about five or six of them and talked about this for three hours last night. so i believe there is some movement and they're interested in moving ahead. but again, it is going to be, i hope, a combination of different things. because we know that not every shooting is the same. not every motivation is the same. but we have just stood back and done nothing and i thought joe's point about the supreme court and the heller case was a good one. basically they opened the door for congress doing something about this. they said in a number of cases that congress could put in some reasonable rules and regulations. and basically our colleagues have walked and chosen not to do this. well this is the moment. the door is open. just like that school kids that shooter walked right into their classroom and killed them down and gunned them down and they have no defense.
6:15 am
and now the door is open for them to walk in and finally do something about it. >> senator, good morning, jonathan lemire. you're speaking about how there has been some buy in from some republicans but not all republicans, at least not totally. it is been noted that senator mcconnell, when asked about uvalde and situations like this, including negotiations that you're a part of it, keeps focusing on mental health, and school safety. and notably, nothing about guns. if he were to say something about firearms, do you think that would yield far more members of his caucus to participate and get something more substantial done than this which though positive feels incremental. >> it would make a major difference. he still has members that have their caucus. it is not going to vote for anything. when it comes to -- and by the way i call it gun responsibility or gun safety. but there are still a significant number of people who are still in the mix of looking at this.
6:16 am
and i'm the one that actually authored the bill after parkland with senator hatch putting some significant resources into school safety. so i have -- i believe in that. but i think that we all know this isn't just schools. it is happening in theaters, it is happening in grocery stores. look at buffalo, the dad going to buy a birthday cake for his son that never comes back. so, the thing that runs through all of these shootings and including the 13 that happened over the weekend, are these guns that are in the hands of people that shouldn't have it and that leads you to the red flag law idea and the back ground checks and the boyfriend loophole and that leads to you put limits on assault weapons. >> that to me is the threat that connects all of them. and yes we could do more on school safety and mental health. that investment goes way beyond violent crime. what needs to be done. but if you want to do something about people being gunned down in their classrooms and little
6:17 am
girls with pictures of thur communion dresses and their little green tennis shoes that they wore everywhere, then you better do something about guns. >> damn right. >> senator, we've talked about anti-trust legislation. you wrote a great book on anti-trust. and we've talked a good deal about it. i'm curious what is this the update, the progress on the american innovation and choice online act. i know that you're getting a lot of pushback, we're seeing more and more advertisements and a lot more -- i'll just say to me it seems like outright propaganda from these near monopolies saying oh, my god, this would hurt american competition and hurt american technology and the latest, this would hurt people of color. i mean they're just coming out in full force with ridiculous propaganda. where are you right now on this push? >> well, as you know, joe, this
6:18 am
is the first time since the advent of the internet that we are advancing a competition bill when it comes to big tech. which says a lot right there. these companies are over trillion doll or companies. they are monopolies. google has a percent share. and yes i think we should do something on mergers and the like. but that is not what this bill is about. it is a strongly bipartisan bill with senator grassley and senator graham and durbin and cory booker and josh hawley and playsy hirono and i think samantha bee called it the ocean's 11 of co-sponsors and it said if you're going to sell stuff on your own platforms then you can't preference it over other competitive business products. because that is what they're doing. they're starting to buy thing after thing and basically outcompete because they own the
6:19 am
pipeline by which people are buying other competitors. that is not fair capitalism. that is when anti-trust steps in. so we're one getting an even play field. two make sure you don't rip off by using nondata, like the company in brooklyn with four employees who submitted their plans to amazon and they rip it off and put it on amazon prime, this is out of a "wall street journal" reporting, so you can't do that and the third thing is you can't require a bunch of small businesses to buy a bunch of stuff just for the privilege of getting near the top of the platform. so these are rules of the road to protect consumers and competitive businesses. and that is why it is gaining speed. and yes, they have shoved in just last week $21 million in an if ad buy. they have thousands of lawyers and lobbyists. i have two lawyers working on this. they're really good. chuck grassley has two.
6:20 am
david cicilline has two. and we are a small and mighty crew that is taking them on. but they are bullies, they're making stuff up left and right that aren't true. >> let's be clear. as a conservative, i'm a conservative. i'm a free market guy. i believe in entrepreneurship. i want the government to be very careful in its regulatory schemes. but this is a pro-entrepreneur bill. this is a pro-small business bill. this is a pro-free market bill that actually allows small businesses, entrepreneurs, new people who want to enter into markets, this actually gives them the breathing space to do that without being crushed by monopolies. >> exactly. and they know it and they're
6:21 am
doing everything to fight it. tooth and nail. but i'm so proud of our co-sponsors, senator schumer has promised a vote on this bill and in the early summer so that should be coming up quite soon. and i believe we're going to pass it. the house did an 18-month investigation that was bipartisan from the beginning about these gate keeper companies. we don't want to destroy them. they're giving us great services. we just want to set rules of the road when it comes to competition. and other countries around the world are being much more aggressive than this. we're looking at this in a uniquely american way to be able to continue the innovation, but make very clear you've got to have competition in america. that is what built our country. >> senator amy klobuchar, thank you so much for being on this morning. we really appreciate everything you're doing. and coming up this hour on "morning joe," a progressive district attorney in san francisco could be in political trouble. we'll go inside of the multi-million dollars campaign
6:22 am
to oust him. we'll take a look at that race and many more as voters in seven states are headed to the polls today. steve kornacki will be here at the big board to break it all down for us. he looks pissed. >> and a four day workweek, the world's largest trial on that just launch andrew ross sorkin will join us to discuss. plus later we'll talk to the new head of the u.s. coast guard who is making history as the first woman to lead a branch of the u.s. armed forces. that is all ahead when "morning joe" returns. tezspire™ can he. tezspire™ is a new add-on treatment for people 12 and over... that proactively reduces inflammation... ...which means you could have fewer attacks, breathe better, and relieve your asthma symptoms. so, you can be you, whoever you are. tezspire™ is not a rescue medication. don't take tezspire™ if you're allergic to it. allergic reactions like rash or an eye allergy can happen.
6:23 am
don't stop your asthma treatments unless your doctor tells you to. tell your doctor if you have a parasitic infection or your asthma worsens. sore throat, joint and back pain may occur. avoid live vaccines. by helping control your asthma, tezspire™ can help you be you. no matter who you are, ask your asthma specialist about tezspire™ today.
6:24 am
and, we're back! it's time to see which chew provides the longest-lasting flea and tick protection. bravecto's the big winner. 12 weeks of powerful protection, nearly 3 times longer than any other chew. bravo, bravecto! bravo! it's a thirteen-hour flight, that's not a weekend trip. nearly 3 times longer than any other chew. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app
6:25 am
so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart. choose the app that fits your investing style. ♪♪ i've lived in san francisco for 20 years. i'm raising my kids here. this city is now less safe for all of us. chesa boudin is failing to hold repeat offenders accountable. he prosecuted zero fentanyl drug dealing cases, even though nearly 500 people have died of overdoses. i'm voting yes on h to recall chesa boudin now. we can't wait one more day when people are dying on our streets.
6:26 am
it is 26 past the hour. it is primary day in seven states with 45 million voters eligible to head to the polls. residents in san francisco are voting fon whether to recall the city's district attorney, a little more than a half way into his first term. amid rising crime and
6:27 am
homelessness. for more on this, let's bring in jacob ward who is live in san francisco for us. jacob? >> reporter: well that is right, mika. in this extremely aggressive city, chasea bodine promised to reduce mass incarceration, he also single-handedly did away with cash bail here in california. he introduced all sorts of legal services for nonenglish speaking defendants and stopped trying juveniles as adults and now he faces a recall. as you menged, crime is up in the city. i asked what the national implications are for a city possibly recalling their district attorney. here is how he described it. >> the republicans, the police union are making every effort to undermine the ability of progressive reform and to
6:28 am
actually get the job done. they can't win at the ball bought box so they're trying to create opportunities where they don't have to tell voter what their platform is, they could spend unlimited an, no contribution limit, on attacking and exploding tragedies that occur in every jurisdiction in this country and suggesting very dishonestly that they're a result of the criminal justice reform rather than a feature we're trying to reform and prevent in the future. >> now bodine faces a recall that was funded by a number of different sponsors, real estate money, tech money, about $8 million was spent to bring him out. and he argues that there are many things here that are being misunderstood by voters. we mentioned that crime is up. well it is really just a couple of categories of crime. the big one is auto theft. which is touching people after it changed during the pandemic.
6:29 am
that typically had not experienced crime directly here in san francisco, before. violent crime as a category is down. we're also talking to him about the broad perception in san francisco that homelessness is a problem that drug addiction is a problem. he pointed out, that is not what the district attorney does. and finally he also pointed out that cooperation with the police department is at an all-time low. his office made a huge auto theft bust recently and the police would not participate. they refused to cooperate. he had to bring in postal inspection officers and dhs offices because he could not get sfpd to get involved. so all of this happening at the same time. it is all about perception. any marital therapist, will tell you your feelings have to be validated but the other person. you can't say you are wrong and that doesn't seem to be working with voters and that is why he's facing such stiff opposition in this recall effort.
6:30 am
>> jacob ward, giving us insights on crime and politics but also using that word that mika used once in a while, validation. >> it is important. >> we must be validated. >> thank you so much, jacob, greatly appreciated. jacob ward. this is a fascinating debate that we're seeing play out in san francisco, of course and in new york city. new york democrats elected a former nypd cop and they elected him because of quality of life issues, they elected him because of crime, right now his poll numbers are low and they're low according to a recent poll because new yorkers still don't feel safe. you look at what is happening in philadelphia. you look at what is happening all across this country. there was over the past 40 years or so, there has been a wave of really progressive d.a.s.
6:31 am
and what is fascinating is the debate inside of the democratic party, because some people will say that support progressive d.a.s, well the crime rates aren't that different but on the ground that is just, again talking about feeling, that is not what new yorkers, not what people in philadelphia, what a lot of people in san francisco are feeling. they feel like quality of life issues have been ignored by the city for the past couple of years. and we're going to see how that plays out in san francisco. one of the more progressive places in america. >> and they have objectively have been. ask anybody would lives there despite the protests about crime rates and when you walk out in the street of san francisco, people who live there, feel it. they see open drug use and homelessness and mental illness where they live and they want something done about it and theres is a lenience about those issues. in new york you have the d.a. who pushed up against mayor
6:32 am
adams and had to walk back some of the things he said on the campaign trail about treating gun crimes as misdemeanors and now that i think about it and hear your protests, those will be treated as felonies. so there is a push from social justice warrior d.a.s and those trying to get back quality of life to the city which is why be enlarge he was elected. let's take a look at the races. we're joined by steve kornacki. he's at his position at the big board. steve, good morning. where should we be paying closest attention today. >> you're right, on the west coast in california. note there are 7 states hold primaries today. the biggest single collection of primaries this year today. you could see spanning the country here, a lot of house races, a lot of house primaries in a lot of these states and
6:33 am
senate gubernatorial races as well. there is a few possibilities for surprises but yes, i think most of the action is going to be in california, 11:00 eastern polls are going to close there and the way things go in california, that first hour, first 90 minutes or so after polling close, we tend to get a ton of votes. so you're talking about one of the highest profile races we're going to be following today is right there, the city of san francisco. san francisco city is it is also san francisco county. the district attorney, is he recalled. bodine is saying this is a republican effort to get me recalled. he's likening it to last year's republican led effort to get governor gavin newsom recalled. san francisco voted 85% for joe biden in 2020. this is one of the most heavily democratic, one of the most liberal places in america. so if he's recalled it will be more than just republicans voting to recall him. and again, there is the possibility here, we've had a
6:34 am
little bit of polling in this, if this is a lopsided race, we could know within the first hour, first 90 minutes tonight that chess a bodine is out. other wise, in california if it is a close, it could take a week. go down so southern california and los angeles and the other big marquee, this is the preliminary election for mayor of los angeles. a lot of the same themes you're talking about in san francisco, have weighs heavily on this race. crime, homelessness, quality of life. here is a long serving democratic congresswoman, karen bass, in 2020, she landed on joe biden's ticket. she doesn't. kamala harris did and now she's running for mayor of los angeles. she's in a close fight with rick caruso. now the way this works if nobody gets 50%, the top two go and they have an election in november. it looks like that is where this is headed. very curious to see where this shakes out tonight. caruso used to be a republican and independent, wealthy
6:35 am
businessman, poured a lot of money into the campaign, stressing the issues of crime and quality of life. it was about 30 years ago, back in 1993 when crime was high in los angeles, if you remember los angeles elected a republican businessman as mayor. richard rear don. it has happened there before. are we seeing something similar with caruso. this race is closer than most expected at the outset. a couple of house races. california open primaries. democrats, republicans, they're all on the same ballot. the top two advance in november. here in the central valley, the 22nd district of california, this is worth looking at because this is the republican incumbent, he won a close election in 2020. this is a heavily democratic district. he voted to impeach donald trump after january 6. you have a strong democratic candidate here. you also have a republican chris mattis making that impeachment vote the center peace of his
6:36 am
campaign. interesting to see how valadao does. and young kim, this is down in orange county, southern california, and young kim being challenged by greg raj. three asian-american women to make her way into congress young women kaz national republicans want to keep her in congress. they've poured a ton of money into this campaign trying to fight off raj and trying to make sure that kim keeps the seat. so those are two of the house races closely tonight. there are a bunch of others in california as well so it should be interesting. starting at 11:00, votes will come gushing in and we'll be here to keep an eye on it. >> all right. steve kornacki, thank you very much. and coming up, inside a surprising any survey about the people who left their jobs during the pandemic and where they went. plus a four-day workweek sounds great. but could it work on a large
6:37 am
scale? one country is putting it to the test. andrew ross sorkin will be here to discuss, next. ere to discuss, next and the cuteh we have ever seen. and you can find him right now on when the world is your workforce, finding the perfect project manager, designer, developer, or whomever you may need... tends to fall right into place. find top-rated talent who can start today on right now, we're all feelin' the squeeze. we're having to get creative. find a new way. but birthdays still happen. fridays still call for s'mores. you have to make magic, and you're figuring out how to do that. what you don't have to figure out is where to shop. because while you're getting creative, walmart is doing what we always do. keeping prices low for you every day. so you can save money and live better. ♪
6:38 am
6:39 am
6:40 am
it is 40 past the hour.
6:41 am
a brand-new cnbc survey found that millions of workers have returned to work at different companies and at different jobs and many who started working from home do not expect to go back to the office. it is all part of what is being called the great reshuffle. joining us now, columnist and editor for "the new york times" and coanchor of squawk box, andrew ross sorkin. so in terms of this reshuffle, what are they doing and does this impact what steve liesman called this very confusing economy that we're in. >> well i don't think it changes how confusing the economy is. that we're in right now. and there are some indications from the survey by the way that those who are working and those who are not have very, very worried about the economy. i think that is the prevailing view if you look at the numbers. but in terms of where people are
6:42 am
moving around, the most interesting aspect of the numbers i think is reflective of how many people effectively decided to retire because they either were fired, pushed out or because of health concerns around covid and then how many of them would like to come back. and there is a decent perrage of people who would like to come back during -- get back to work effectively. so the retirement would be considered so-called short lived. but the other fascinating piece of data that i thought how satisfied people were with their only financial situation. so 69% of people surveyed said they were satisfied with their current wages and 80% were satisfied with their recent wages. that is a shockingly high number given how low satisfaction rates are for most things. and what that reflects about the strength of the consumer perhaps as we go into what may be a more challenging fall in terms of the
6:43 am
economy. >> hey, andrew, good morning, jonathan, you have details the worries about the economy. let me add to it. the world bank just now put out a report warning of stagflation. saying the global economy may be headed for years of weak growth and rising practices -- rising prices, a toxic combination out of the pandemic. people hear the word stagflation and give us a break down, what could this mean and how certain is it? >> the base case and ben bernanke and janet yellen, we're starting to live through stagflation. costs are continuing to go up and we're going to have pressure on the downside from the federal reserve at the same time. when you think though about cost, i mean and you're seeing it right now with target, they came out with some new expectations just today and some of that may be deflationary,
6:44 am
they have too much inventory. but what you're going to see across the board is margins at corporations compressed an the question is whether that gets passed on into higher costs to consumers over time and the expectation is the answer is yes. >> so, andrew, let me ask you about this study we've been teasing throughout the morning in the u.k. where you have just over 3,000 workers there trying a four-day workweek. they'll be paid 100% as if working five days but working four of those days. and the companies will be basically testing out to see if employees could have the levels of productivity during a five-day workweek. how will this work and what will be the measuring stick for a company to say is this does work and we're going down to a four-day workweek? >> well, we could hope for a four-day workweek but there are some jobs that you have to work five or six or seven days a week. it is interesting to see how
6:45 am
they measure it. because financial services, or many of the services businesses, you could see how someone could be productive and efficient at their white-collar job in the course of four days. it gets more complicated in the factory work, working at a restaurant, because those are hours that need to be solved for and how they can actually be quote/unquote more productive in that time and in some cases people will have extended hours during those days. >> columnist and editor for "the new york times" and co-anchor of cnbc squawk box, andrew ross sorkin. >> you don't want to work any less. you're the hardest working people in the business. >> we want to work more. >> you went from three hours to four, a assume you're going for eight hours soon. >> well eight days a week. eight hours a day. >> right to the end. >> eight days a week. manifest destiny. >> thank you, andrew.
6:46 am
coming up, she served on all seven continents and now she's the first woman to lead any branch of the armed services. admiral linda fagen will join us after a quick break. latuda could make a real difference in your symptoms. latuda was proven to significantly reduce bipolar depression symptoms and in clinical studies, had no substantial impact on weight. this is where i want to be. call your doctor about sudden behavior changes or suicidal thoughts. antidepressants can increase these in children and young adults. elderly dementia patients have increased risk of death or stroke. report fever, confusion, stiff or uncontrollable muscle movements, which may be life threatening or permanent. these aren't all the serious side effects. now i'm back where i belong. ask your doctor if latuda is right for you. pay as little as zero dollars for your first prescription. so this is the meta portal plus. a smart video calling device that makes working from home work. a 12-megapixel lens makes sure your presentation is crystal clear.
6:47 am
and smart camera auto pans and zooms to keep you perfectly in frame. oh, and it syncs with your calendar. plus, with zoom, microsoft teams, and webex, you'll never miss a meeting. and neither will she. now that's a productive day. meta portal: make working from home work for you. this summer, dinosaurs are in our world. meta portal: pet dinosaur? i'll take care of you. nice and quiet. hey, look! it's your mom! hot dog?
6:48 am
for copd, ask your doctor about breztri. breztri gives you better breathing, symptom improvement, and helps prevent flare-ups. breztri won't replace a rescue inhaler for sudden breathing problems. it is not for asthma. tell your doctor if you have a heart condition... ...or high blood pressure before taking it. don't take breztri more than prescribed. breztri may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling,...
6:49 am
...problems urinating, vision changes, or eye pain occur. if you have copd, ask your doctor about breztri. wow! it's been 38 years since we were here. back then we could barely afford a hostel. i'm glad we invested for the long term with vanguard. and now, we're back here again... no jobs, no kids, just us. and our advisor is preparing us for what lies ahead. only at vanguard, you're more than just an investor you're an owner. giving you confidence throughout today's longer retirement. that's the value of ownership.
6:50 am
there's no one more qualified to lead. the first woman to lead any branch of the united states armed forces and it's about time. ch >> that was president biden last week introducing admiral linda fagan as the newest commandant of the u.s. coast guard. as he said, she is not only the first woman it lead the coast guad, and its 42,000 active duty members, but the first to lead any of the u.s. military branches. admiral fagan graduated from the coast guard academy in 1985, just five years after the
6:51 am
academy started graduating women and has spent nearly 40 years in the coast guard serving on all seven continents and admiral fagan joins a us now. we areus honored to have you on our show thiso morning, congratulations. i think i would like to take another moment to talk about the historic importance of your new role. when you graduated in 1985, there were19 16 women total who graduated. how are those numbers now, and what would it take to help more women get on a track like yours? >> thank you. it's really ayo pleasure to be here with you this morning and thanks for having me. the coast guard academy has changed significantly since the time i wasic there in the mid-8. we currently have nearly 40% women enrolled at the coast guard academy. i'm really excited about the talent and diversity that i see coming througher the academy. my daughter is in the coast guard as a lieutenant and there
6:52 am
isen just nothing but opportuni for her and all of the men and women that have joined the service. i'm really excited about the future as we look ahead. >> admiral, it's so interesting, we were talking to mika's brother a year or so ago, and he was talking about when he was an ambassador ins sweden he wouldo to meetings across europe and on the american side of the table, all men at these military meetings. on the european side, he said a lot of women, and he just said it wasd really striking in tho rooms to see how the united states was so one dimensional in its approach, and he was talking about how you could really see the difference in how both sides operated. i'm curious in the future in those sort of meetings, what do we gain by having leaders like you in there that in the past
6:53 am
have been shut out from taking lead roles in the united states military? >> yeah. you know, diversity matters and diverse work teams out perform nondiverse work teams. bringing that diversity forward, regardless whether it's an international diplomatic conversation or, you know, on the mess deck at the small boat stations where our workforce is working in the coast guard, and representation matters, demonstrating to individuals that hey, there is nothing but opportunity. there are no barriers to your entry and success, and i'm really excited that that now -- that diversity and opportunity extendsni all the way down to t youngest recruit that graduates from cape may each week. >> good morning, admiral. congratulations. you've served on all seven continents, often as the only
6:54 am
woman on your ship, and nour yes -- now you're leading the coast guard. what are the challenges as you lead the coasten guard? what should you be focused on? i note there is a renewed focus or ane new focus on the arctic. the united states army initiated the 11th airborne. is that something you will be looking as well? >> the united states is an arctic nation. the coast guard is proud to operate the polar star, my first unit, our only heavy icebreaker and we're on budget to begin polar security cutters. we're excited to see that ship come to fruition and able to create more presencebl in the arctic. with regard to kind of intent and work that i see as critical to the workforce as we move ahead, talent management, workforce management is really going to be job one. we are recruiting and we are in the same race for talent that
6:55 am
other military services are and companies and corporations around theor country. we've got some work to do there, but we -- the organization provides nothing but opportunity, and i'm looking forward to helping make it easier for the folks that want to serve and are serving. >> admiral, good morning. jonathan la mere, congratulations. arctic, tell us about the things you're hoping to implement in your new role -- new ships, new technology, new recruits, other areas of concern? >> we are a globally deployed coast guard and ensure we have the equipment and training and capability to remain globally relevant. we are committed to free and open maritime realms. we provide just a lot of value proposition asal we engage with you know, countries and coast guards around the world and we will continue to commit to those
6:56 am
kinds oft operations. we areon deployed 365 days a ye in the eastern pacific, in the caribbean in the narcotics effort, that will continue, and just as our life saving and search and rescue work in the ports and communities around the nation all of that will continue. w my role as commandant will be to ensure that we've got the go resourcing and support and we get the a right tools in the has of, t again, just the incredibl workforce to ensure we're meeting what the american public expects from their coast guard. >> admiral, before you go, i'm just curious, i have a platform i'm working on with forb, the forbes 50 over 50 list, talking to women reaching their greatest impact well after their 50s, in their 60eis, 70s, 80s, and i asd them all the same question and i love all the diverse answers i get, did you ever imagine as a younger woman that you would
6:57 am
reach your greatest impact and be flourishing, thriving, even having your most impact -- >> making history. >> making history after the age of 50? >> so no, i never imagined that i would still be serving, that i would have this opportunity. it is a privilege to lead this incredible, talented workforce that is the u.s. coast guard. i come to work every day, i serve to serve the workforce and it is -- it really is just a privilege and honor, and i'm -- i am excited about the opportunity and the work ahead. i try not to think about my age, but, you know, here we go, and i'm just super excited. >> we're flourishing and there's a long runway. admiral linda fagan, thank you so much. congratulations. and that does it for us this
6:58 am
morning. jose diaz-balart picks it up after a quick break. see you tomorrow. u tomorrow. fishing helps ease my mind. it's kinda like having liberty mutual. they customize your car insurance, so you only pay for what you need. woah! look out! [submarine rising out of water] [minions making noise] minions are bitin' today. (sung) liberty. liberty. liberty. liberty. minions: the rise of gru, in theaters july 1st. and, we're back! it's time to see which chew provides the longest-lasting flea and tick protection. bravecto's the big winner. 12 weeks of powerful protection, nearly 3 times longer than any other chew. bravo, bravecto! bravo!
6:59 am
(fisher investments) it's easy to think that all money managers are pretty much the same, nearly 3 times longer than any other chew.
7:00 am
but at fisher investments we're clearly different. (other money manager) different how? you sell high commission investment products, right? (fisher investments) nope. fisher avoids them. (other money manager) well, you must earn commissions on trades. (fisher investments) never at fisher investments. (other money manager) ok, then you probably sneak in some hidden and layered fees. (fisher investments) no. we structure our fees so we do better when clients do better. that might be why most of our clients come from other money managers. at fisher investments, we're clearly different. 10:00 a.m. eastern. i'm jose diaz-balart. breaking this morning, we're monitoring a senate hearing focused on domestic terrorism following the racist mass shooting in buffalo that left ten dead and wounded three others. we will bring you the news from it as we get it. first, we begin