We are going to see what happens. How to interpret President Trumps paws on the north korean summit. And mind the store. Financial filings expose a new realm of president ial profit. This is mtp daily mtp daily, and it starts right now. Good evening im chuck todd here in washington. Welcome to mtp daily folks what on oath was this whole spygate conspiracy about . Its been more than 24 hours since congress was briefed on the hyped and hi documents that would prove that the Justice Department planted spies in Donald Trumps campaign. What have we heard, adam schiff said it rei firmed their view that there is no evidence to support any of those allegations. And mcconnell suggested it reaffirmed his support for muellers eggs investigation and he added the inspector generals investigation of the Justice Department. Was the whole thing, the fights, the freakouts just a big fat distract so there would be less interest in this story, about a second trump tower meeting meaning russia wasnt the only ones wanting in on the action . That story is raising questions whether or not donald trump jr. Gave false testimony to congress. Or is the wholify spying conspiracy saga meant to distract from this story, trying to turn the Trump Campaign into a 1 billion pay day from the saudis and emirates. Or meant to distract from this story about roger stone seeking dirt on Hillary Clinton from Wikileaks Julian assange. Or was it meant to distract from this story, Michael Cohen discussing ways to offimprove russian relations with a Russian Oligarch . You can see where im going here. Because as the president and his allies look to undermine muellers investigation with allegations of a deep state spirit looks as if muellers investigation might be casting a net that is much wider than anyone could have imagined. Jeremy dash is a former chief of staff at the cia and the pentagon. He is going to join for this block, Tonights Panel of hugh hutd, thattia misha, and howard feynman. And they are all msnbc political analysts. Welcome all. Happy friday. Mr. Bash, welcome. So yesterday, i want to put up a david corn tweet because he put together a number of allegations the president has thrown out which have gotten us and investigators all atissy. First it was unmasking is the real scandal. No. Obama bug trump. Thats the real scandal. No. Fisa warrant. No. Uranium one. No. Fbi informant in the Trump Campaign is a real scandal . No. Jeremy, whats going on in your view. Distraction bingo. We have got deep state. We have witchhunt. We have wires tapped. We have unmasking and now we have the word spygate. The president is really just trying to i dont know if the its distract from those other headlines you referenced or just the underlying issue which is that his campaign, his inner circle is being investigated very prflbly, very expeditiously very aggressively by bob mueller. I want to bring up the donald trump jr. Thing. This was a across coops letter today. Hugh hewitt, chris coons is not alleging he lied to congress but he put out a transcript i want to read the transcript real quick. You are a legal guy. Weve talked a lot about russia. Did other foreign governments offer or provide assistance to the Trump Campaign. Trump jr. , not that i am aware of. Did you directly or indirectly seek foreign nationals assistance for the Trump Campaign trump jr. No. Are you aware of anyone seeking assistance from foreign nationals for the Trump Campaign. Trump jr. , im not. The lawyer seemed it was vague. Maybe he didnt technically lie to congress. I think senator coons is one of the most stable centrists in the senate. What he did by putting it out he said read this, it speaks for itself. There is an explanation that will have to be forthcoming between the distinction between what he said and what we know to have happened. It doesnt mean he was lying. It means it is a poorly chosen set of word. He ought to be move expansive as Jeff Sessions should have been when he was talking about meeting russians. Be more expansive at a sbler view, not less. President trump has gotten really good at nicknaming things. The thing i think one of the reasons why he was probably successful on the campaign trail is because we can all tick off crooked hillary, lying ted, low energy jeb. The fact that he unders how to market things, he understands thousand market ideas, this goes into the idea that he is a victim of an overreaching Justice Department. Hes been saying this over and over again. And there is some evidence with polls that republicans are starting to say, hey, all of this stuff adds up to something. I think in reality he is trying to say this report that Robert Mueller is going to come out with, you shouldnt listen to it. Its partisan. I think they are trying to get ahead of that. Every one of his allegations gets debunked but it doesnt mean it doesnt have an impact . It has a political impact n the world he cares about, among his supporters. This is a perfect explanation or why he is wear he is. But the difference between the campaign trail and now is that he wanted some support for the next step he wanted to take against the justice step here on this line of inquiry, the spygate line of inquiry. He didnt get it. The thundering silence from all the republicans immediately after that means that this avenue is effectively blocked, it seems like to me. This isnt going to be the excuse to fire rod rosenstein. This is not he is probing along the wall here looking for one way in to get that done. This is not going to be it, i dont think. Jeremy bash i want to go back to trump tower two meeting. Im curious how you think the Intelligence Community would have rooud viewed this. A group gathered at trump tower to meet with donald trump jr. The meeting was convened primarily to offer help to the trump team. What that help was, you know, its not fully is it about the campaign itself . Was it a quid pro quo for the Iran Nuclear Deal . There is a lot of speculation about the avenues where this could go. How likely would it have been that a meeting like this would have suddenly hit the radar of the Intelligence Community before the election . Unclear. I actually think the fact that the Intelligence Committee turned its sights on russian aggression and potential efforts by the russians to interfere in the election and ties to u. S. Persons, meaning people in the Trump Campaign means it had to cross a significant threshold. If the campaign as just meeting with foreigners, you know, inside a lot of back and forth between emissaries of foreign governments who come and say i want to educate you about this issue or that policy issue or hey when you get into office we would like to talk to you about your situation. Thats different than we want to come help the campaign. Thats clearly what the russia did had the first set of trump tower meeting. You will put this second set of trump tower meetings at other level of concern unless the Intelligence Community collected specific information that it was directed by a government to influence the election. Im curious, and for the panel here thats with me, do any of you think it could be a quid pro quo for pulling out iran deal . Thats a huge jump. There is a whiff of it in there. It says come together, like a beitels song to come against iran. If someone paid for that that would be a huge problem. I think it was Donald Trumps intuition and he campaigned against the iran deal from day one. The big picture here we keep having to stan back farther and farther to see the whole big picture. I think it would have been Intelligence Community malpractice for people in our organizations not to have worried about the Trump Campaign, what it would reach out to do, and what it might attract by way of interesting donors. Sure. From the very beginning. Everybody knew that the banks in new york wouldnt lend him money. Other people in the Construction Industry wouldnt lend him money. That after his bankruptcies in Atlantic City he was scouring the world for cash. They had to have known about that even before that. So yeah, did he put the whole campaign up for sale . Thats the question. You know, yammish, bob mueller may find this network and what howard is alleging is there, it snels and it looks like this or that was for sale and all this stuff. But it isnt connected. It didnt russian collusion. It isnt that. Is that survivable for President Trump . It depends because it depends on who goes down. If its if it becomes Jared Kushner and his son and some of the people that are more close because we already have 19 people indicted that could be problematic for the president. If he has to then start giving out pardons to his children i think that that becomes a political problem that this president will have that will be unlike what the president has faced in the past. I think that the idea is that Robert Mueller and i think why President Trump hates this investigation, yes there is a collusion issue but all these people complex Financial Issues means that Robert Mueller, if he goes digging is going to find something, and obviously he has already found something because five people already pleaded guilty. It feels like he found a lot more, hugh, but its not all on the initial mission. Thats the confusion here. President trump going to carry around the inspector generals report, read this one, not that one. He hopes. From all indications i think its going to be good. Im not as convinced the ig report is going to be helpful to just one side. Put it that way. Interesting. For what its worth. Jeremy, one final question, this goes to the Roger Stone Wikileaks situation. It is the speaks fcificity of h denial. He says i had no advance notice of the content source or the exact same of the wikileaks disclosure. Assange said so, in his own tweets, roger stone never predicted anything that i hadnt already said in public. When you read that what is missing in the denial in your view. Wikileaks is an agency of the Russian Federation. Its clear to the u. S. Intelligence committee that wikileaks is controlled by the Russian Federation and they are put into the u. S. To do russias bidding. It wasnt did he have advance notice, it was did he reach out and say look we are interested, we want to know what you are doing, we welcome it. If he welcomed it and there was connectivity then it is another one of the meetings between russian intelligence and trump officials. And the question is, did the president know about it. The simple solution, if he sits with bob mueller he will give an answer. Philip bump wrote this today, if there was all this collusion why did they have to keep asking Julian Assange about the Hillary Clinton emails . Silence. It doesnt add up. That is a question. There is no collusion proven thus far. Somebody organized those mails for Julian Assange and it had to be an earn ma. They knew which reporters, which days. It was well organized. It wasnt a typical wikileaks stun. I always wonder who help. I think thats what they are asking roger stone about. Thank you. I love the way hugh is looking at me. I dont buy that they know the American Media landscape as those releases did. It depends who is driving around in the car. Boris or natasha. Something smells there. Will they or wont they . After President Trump put the kibosh on the north korean summit now he says maybe it will happen of well see. Sfx muffled whistle text alert. Im your phone, stuck down here between your seat and your console, playing a little hidenseek. Cold. Warmer. Warmer. Ah boiling. Jackpot. And if youve got cutrate car insurance, you could be picking up these charges yourself. So get allstate, where agents help keep you protected from mayhem. Like me. Mayhem is everywhere. Are you in good hands . The kayak explore tool shows you the places you can fly on your budget. So you can be confident youre getting the most bang for your buck. Aloha. Kayak. Search one and done. You might or joints. Hing for your heart. But do you take something for your brain. With an ingredient originally found in jellyfish, prevagen is the number one selling brainhealth supplement in drug stores nationwide. Prevagen. The name to remember. Welcome back. Just yesterday President Trump hit the brakes on the planned june 12th summit between the u. S. And north korea. But today both he and his defense secretary suggested it may happen afterall. It could even be the 12th. We are talking to them now. They very much want to do it. We would like to did it. Were going the see what happens. We have got some possibly some good news on the korea summit, where it may, if our diplomats can pull it off may have it become on even. Their comments came after a measured statement from a top north korean official saying quote we are making it clear that we are willing to sit down at any time in any way to solve this problem. One big reason the summit may still happen, President Trump may want this summit amid the cloud of the russia investigation. And the north korean summit is the only thing you could argue that has truly marked mueller off of the headlines recently. Joining me now, chris hill. And our panel is still here, hugh, wram iyammish, and howard. Ambassador, who goss this delay . The u. S. Side or the chinese . I cant buy this argument that the chinese somehow put the kibosh on this. I think the chinese have wanted this to go forward. They would like to be sort of a part of the process but i cant believe they would have told kim not to do this. I think it is a combination of kim getting kind of nervous about the idea that he is supposed to give away everything for essentially a promise. Yeah. And init was the president getting nervous that maybe the North Koreans werent going to do this. But at the end of the day they have got to project a kind of smoother team than they have got. And this idea of the president , you know, dictating something to john bolton, sending it out without mentioning it to mike pompeo, who has been the point guy on all of this it just is beginning to look a little ragged and frankly embarrassing to the rest of the world. Yammish, the whole reason that mcmaster and tillerson were out was to smooth out this issue. Finally, the president is going to have a secretary of state and a National Security adviser at least that he gets along with. They may but once again it is an oldfashioned it looks like the nsa is in one place, secretary of state is in another. We have seen this in previous white houses. Think about all the different personnel changes, but the person at the center is donald trump. I talked to so many whyte whout officials yesterday. I was asking all sorts of questions, did he do this because he thought kim was going to cancel . What else is going on . Why would you dictate it in this way . What the north Korean Nuclear threat that was in the middle of the letter that we pray we dont have to use your nuclear weapons. At the end of the day President Trump made this decision and he is going to continue to be the person that decides using his gut how he does foreign poll see. This is the way he does it. Its kind of an art of the deal style. Everyone at the white house said this was at the enof the day President Trumps decision and that he was the one led to do this. Yeah there might be people around him who are arguing but he wants to do. President trump was setting up china as the fall guy as early arizona tuesday. Listen. I will say im a little disappointed because when kim jongun had the meeting with president xi in china the second meeting. The first meeting we knew about. The second meeting, i think there was a little change in attitude from kim jongun. So i dont like that. I dont like that. Well, look, i dont think that anything that the president has done yet has risen to the level that the chinese need to deploy their master strategy. I mean, donald trump is playing jacks and marbles on the street. The chinese have been doing this for 5,000 years. The koreans have been doing it for 5,000 years. This is not the city council on a real estate deal. Its not the zoning commission. These are people in a region of the world where they move in longterm, longhorizon fashion. Thats i mean the chinese are looking im sure at donald trump saying how do we stand away far enough that we dont push him into a corner . Hugh, do you see this whole zte issue that the Trump Administration is desperately trying to fix for china as part of this. I dont. I think its overstated that the secretary of state did not know what was goingan. I think the secretary of defense did and they were all coordinated. Donald trumps muscle memory is to go into and lead negotiations. When he reorganized his debt in 1990 he left the meetings twice, threw down even though he was in default. This is what he does. By the way i think it could have worked out very, very well. Ambassador, another oddity about in whole thing had to do with the curious way that mike pompeo when he was he was reading the letter to congress and they were asked about, well, they seemed to notify the japanese. But it was pretty clear they didnt notify the South Koreans. What do you make of that . What did the South Koreans make of this . I think the South Koreans put a lot of conspiracy into this. They think that President Trump has soured on president moon. I think its just kind of chaos in the white house and not knowing how to got your paperwork done. John bolton is a lot of things, but i dont think hes a good note taker or stenographer. So i think there is kind of a sense that everything is being done in a kind of chaotic way. And i wouldnt be surprised that they, quote, forgot to tell people. I think they just have trouble doing things normally. You think it might have been an accident that they didnt tell the South Koreans. Gosh we forgot to call them, too. I think at the end of the day the president wants it to happen and i suspects its going to happen in some way, shape, or form. I think he ought to have a look at john bolton and say are you with me or are you not . If you are not with me im not sure how we are going to Work Together of the i would give that a couple of weeks to play out. But i mean you have got to be able to kind manage some things, whether various staffers dont want to do it or not they need to be able to manage thing. Before i get the panel to weigh in, i want to ask you about a conspiracy theory. Do you think bolton and pence sbepgs ally dangled the libya model the try to kill it, to try to can i will this summit, ambassador hill . John bolton is a lot of things. But hes not dumb. I think he knows precisely what it meant to talk about a libya model where the dictator ends up dead in the street and the the idea that partnerships brings it up again i think really concerned the North Koreans in the sense that they believed john boltons views were spreading through the administration. Is it bolton and pence versus pompeo . He is a very good note taker. I dont believe anything was unintentional or uncoordinated. Mentioning libya. Its actually kind of a master stroke. You talked about muscle memory. Having been in the trump tower offices with the candidate trump and watching the way that thing flowed. Careful note taking is not one of the things its bolton. Not the president. Its not one of the things that goes on in there. And i think the president is feeling this out moment by moment. Its the ultimate culture clash in an attempt at diplomacy in that trump operates in a way that i think the china and the koreans and the japanese find almost utterly come precomprehensible but it could work. It has been the trumps hey, you never know. It could work. Everyone that i talked to no one said this is completely not going to happen. Everyone said the president will probably end up sitting down with him. It will probably look like President Trump packed out then he is going to claim victory, i alone will be the one who puts it back on the table. And when he goes to singapore its going to be pop of and circumstance and its going to be able to say it was near the edge and i pulled it back. The second part of his muscle memory is being able to turn the smallest project into the greatest thing that ever happened. If he gets in there he is going to tear victory about something. There are three americans home who otherwise wouldnt have been home. And there are patterns from North Koreans that we have never witnessed before. What should be on the table when they actually meet . I think thats been part of the problem here. They dont know what they are negotiating. You got it. I dont think the North Koreans are anywhere close to wheeling up some winnebago and saying here is all of our nuclear stuff, take it away. I think there is a problem there. And i think the administration might consider doing a little less public posturing on it, get some teams, sit down with the North Koreans, put a draft communique. Say look this is what we want as an outcome and then try to negotiate something. Maybe they wont get 100 but they will at least get some idea of what the North Koreans are prepared to do. Dont foreget just meeting the president is a big deal for kim jongun. His dad never did it. His grandfather never did it. It is a very big deal for him. We need the get an idea of what it is he is willing to do. So far i dont think we have that. A great point to enon. Ambassador hill as always i appreciate you coming on and sharing your expertise with us and the viewers. Panel, you are not going anywhere. Up ahead, did the envelope handle the decision on the anthem protests properly . Why are so many people including two team owners suddenly crying foul now . vo dogs have evolved, but their nutritional needs remain instinctual. Thats why theres purina one true instinct. Real meat 1. A different breed of natural nutrition. Purina one true instinct. Now, try new purina one true instinct treats. At fidelity, our online u. S. Equity trades are just 4. 95. So no matter what you trade, or where you trade, youll only pay 4. 95. Fidelity. Open an account today. Youll only pay 4. 95. Im trying to manage my a1c, then i learn type 2 diabetes puts me at greater risk for heart attack or stroke. Can one medicine help treat both blood sugar and cardiovascular risk . I asked my doctor. She told me about noninsulin victoza®. Victoza® is not only proven to lower a1c and blood sugar, but for people with type 2 diabetes treating their cardiovascular disease, victoza® is also approved to lower the risk of major cv events such as heart attack, stroke, or death. While not for weight loss, victoza® may help you lose some weight. announcer victoza® is not for people with type 1 diabetes or diabetic ketoacidosis. Do not take victoza® if you have a personal or Family History of medullary thyroid cancer, multiple endocrine neoplasia syndrome type 2, or if you are allergic to victoza® or any of its ingredients. Stop taking victoza® and get medical help right away if you get a lump or swelling in your neck or symptoms of a serious allergic reaction such as rash, swelling, difficulty breathing, or swallowing. Serious side effects may happen, including pancreatitis. So stop taking victoza® and call your doctor right away if you have severe pain in your stomach area. Tell your doctor your medical history. Gallbladder problems have happened in some people. Tell your doctor right away if you get symptoms. Taking victoza® with a sulfonylurea or insulin may cause low blood sugar. Common side effects are nausea, diarrhea, vomiting, decreased appetite, indigestion, and constipation. Side effects can lead to dehydration, which may cause kidney problems. Change the course of your treatment. Ask your doctor about victoza®. Welcome back. Tonight, im obsessed with an old eggs preks, dont pee on my leg and tell me its raining. U. S. A. Today investigated a mysterious corporation listed on the president s Financial Disclosure statement from which he personally earned 100,000 last year. T retail llc is a new on line business thats tied to a new trump store. Com that sells guess what, trump stuff. Okay control room, cue the selling music. Do you want to smell like President Trump . These are real items. Act now and spray on trump deodorant. One easy payment of 14. Want to look spiffy after you have shower asked deodorized slip into this comfy trump bath robe for the low low price of 125. Want to put away those pennies you saved on the tax cut . How about a Gold Bar Coin Bank . Just 25. In all seriousness those are real items. We are not making that up. Is President Trump trying to profit off the presidency . Obviously. Is it illegal . Nope. Is it unethical . Thats up to you to decide many people will believe it is. The Trump Organization was not eager to talk about the president s new revenue stream but it didnt deny it either. Speaking of streams that brings us back to our old expression about peeing on legs. I guess they never denied they were going to profit off the presidency but in this case when it comes to profiting off the presidency President Trump is peeing on our leg and admitting that yes he is doing just that. Well be right back. Im Dianne Feinstein and i approve this message. I thought after sandy hook, where 20 six and seven year olds were slain, this would never happen again. It has happened more than 200 times in 5 years. Dianne feinstein and a new generation are leading the fight to pass a new assault weapons ban. Say no to the nra and yes to commonsense gun laws. California values senator Dianne Feinstein wlap. Welcome back. Upon further review, could the untils new penalties for kneeling during the National Anthem be overturned confuse seems like it the league said it was unanimous that all players must stand during the National Anthem or their team will be fined. But two team owners tell espn they abstained from what they are now saying was an informal vote. And jeff johnson said his team would not discourage players from taking a knee during the anthem at all. Ill bring the panel back. It is interesting the watch the owners suddenly run. I have a feeling this new policy could be dead in a week. This nfl rule change or attempted rule chang was nfl owners capitulating to donald trump changing the meaning of a protest that began and is about Police Brutality and changing it into a protest about patriotism. The white owners looked at the league thats 70 black and said we can tell you what to do. And now they are realizing that the public isnt behind them. Now, i think they will have to change something. Right now, africanamerican players are being told all the people this your family, including the people around you, their lives shouldnt be protested about. You should hang on to your Million Dollar check and dont think about the other people deal with the brutality issues, which are proven. Howie longs son, a white player. Its important to point this out. I think its going to be key, what do the white players are they the ones that push back at the owner. He says this is a fear of a diminished bottom line, this is not patriotism. Dont get it confused. These players dont love america more than the players demonstrating and taking real action to improve it. I have a question here howard, did they make a decision to worry about white fans business, money coming into the league . Do they not want black consumers . I see everything through the eyes of my hometown Pittsburgh Steelers and the rooney family. They pushed for the rooney rule to make sure that africanamericans were considered for coaching position. They are as right as rain on most of this stuff. People outside of pittsburgh were taken aback a little bit by the reaction of the fans. And by the way, the steelers are a religion in that part of the world as you know. If those people were shocked and angered by what happened by way of the protests thats going to make the rooney family pause. I can tell you they are not particularly happy with this rule either. They and other consciousdriven owners are going to be dealing with this more rather than less as a result of this decision. Hugh, i have noticed on the right there is not a lot of support for this decision either. I have had some true principled conservatives make the argument that i have been asking, this question, which is boy, conservatives fight against the ability to shut down debate on publicly on taxpayer funded lands that are called universities but apparently on taxpayer funded lands called nfl stadiums you cant. My reaction was, it wasnt racial at all. It was as though the Cleveland Browns front office of the last 15 years had risen up and taken over the nfl. Its stupid as ever. And Roger Goodell got a contract extension last year. He is has there ever been a worse commissioner of a major sport. The word if he canless. I think at this point its Roger Goodells ping. How did he blow this . The way he blew it is because there is this idea yes it might not be about race for some people but for africanamericans and for people who understand racism in this country you are dealing with story after story of people, regular citizens calling the cops on black people for living their lives, for napping we had an nba player in milwaukee. Millimilwaukee. Tazed over a parking ticket. You cant say we dont want to talk about all that stuff going on. We just want to play the game. Love the Cleveland Browns thing as a steelers fan. You would. I know. As symbolism, saying okay, you stay out of sight you know, you stay in the locker room. Keep your protest where we cant see it. Keep your protest where we cant see it. Whats the point if you cant see it. Mindless. Actually their policy encourages protest. Thats the irony. It incentive eyeses it by getting people to crowd source. Didnt mind when the kids took the knee. Before this all happened. Trump did not tweet this. This was an unforced error. I understand its about race but im saying the president didnt ask them to do this. This is roggic goodell convening a meeting and saying lets shoot our feet together. The president poured fire on it. Mike pence showed up and made sure to make a Public Statement to walk away from a game when he knew people were going to be taking a knee. He walked in and inserted politics. Winning. There are institutions in the state that could take on the cloutd of president of the united states, its the nfl. They could have stood toe to toe with the president. Its not even toe to toe. All goodell had to say mr. President , we appreciate your opinion, you worry about the kpun and we will worry about the league. Does goodell have to go . I dont see a Single Player that is going to be able to take him seriously. I have to go. Up ahead, George Costanza double dips. Why is Jason Alexander starring in a new political tv ad . Not that there is anything wrong with that. Remember sleep before smart phones . New zzzquil pure zzzs is here to help. With a drugfree blend of botanicals with melatonin. That supports your Natural Sleep cycle. Giving you that head start in the morning. New at walmart and walmart. Com Benjamin Franklin capturedkey lightening in a bottle. Over 260 years later, with a little resourcefulness, ingenuity, and grit, were not only capturing energy from the sun and wind, were storing it. As the nations leader in energy storage, were ensuring americans have the energy they need, whenever they need it. This is our era. This is Americas Energy era. Nextera energy. Welcome back. Today in meet the mid terms. The democrats path to winning back the house includes three districts in california that Hillary Clinton won in 2016. To get a chance to flip those key districts democrats have to make sure they get into the general election. Remember, in california the states top two advance to the general regardless of party ask. That system could actually shut out the democrats in a couple of these districts. In these three key districts there are so Many Democrats on the ballot that the idea is you may get republicans finishing one two because there are so Many Democrats it will split the vote up. One of those are dany rohrabacher. Harley rudee is hoping to unseat him. He is hoping to get help from a former seinfeld star. Tonights debate is between tech entrepreneur harley ruda and incumbent dana rom backer who is joining us from a secured camera in moscow. Can you hear us. If you are not going to let me say anything its goodbye. Sir. I am the chairman of the europe and yourationan subcommittee, including emerging threats. Alrighty. One of the reasons the democrats are having to do that is there is a republican challenger to rohrabacher, too, who is outspending hip. Now you know the weird politics of californias top two system we will find out if that works coming up on june 5th. More proof that politics is a snake infested pit. We are not kidding. De a mess until exxonmobil scientists put it to the test. They thought someday it could become fuel and power our cars wouldnt that be cool . And thats why exxonmobil scientists think its not small at all. Energy lives here. The first survivor of ais out there. Sease and the Alzheimers Association is going to make it happen. But we wont get there without you. Visit alz. Org to join the fight. Welcome back. Its infrastructure week, again. Actually, im kidding of its actually not. But last week was. You didnt notice, did you . Thats probably because it practically feels like every other week gets labelled infrastructure week at least during the weekend. And they say wait until monday. And then all of a sudden something comes up. Recently i satdown with the chairman of j. P. Morgan. And josh bolton. Do you know what we talked a lot about . Infrastructure including the toxic climate in twash and whether ceos make good politicians. But we started with infrastructure. I asked jamie bolton who went wrong and why wasnt it a priority in the first year of the Trump Administration. We are going to push this nonstop until it gets done. Some of the things take a long time. We did competitive taxes. It took a long time of we to the it done. We shouldnt stop the evident. No matter what goes on in washington we have got to get this fixed. He is giving the nonpolitician answer. I get that. This seemed like the one easy thing trump should have been able to pull off. Instead it hasnt happened. If it was easy it would have happened a long time ago. People said the same thing about tax reform. It took ten years to lay the ground work, build the public support for the right kind of policies. We are hoping this doesnt take ten years. We are hoping it takes just another year or so. But we are working very hard to lay the groundwork for public and Political Support for policies that will promote the kind of Infrastructure Investment this country needs. Can i make another point. This is hurting growth, jobs, wages, american competitiveness. Thats what its doing. We have got to do something about it. Democrats and republicans want to get it fixed. We need to get it fixed. I dont get why this is not everybody agrees on this problem. This is not someone said maybe if a bridge collapses that will somehow we had a bridge collapse in minneapolis. That didnt seem to fire things up. What is it going to take . Change the word, infrastructure . I dont mean to be facetious. What it is going to take to get washington about what a serious problem this is. Realistically, josh, one of the things that i thought the initial mistake that President Trump made coming into office was, do something quickly that can get bipartisan support. The infrastructure plan would have been something we could have done quickly with bipartisan support. The longer you wait, the harder it is to get anything bipartisan done, correct . My experience tells me the early part of the term are the right time, but its not the only time. Big things happen in the third year of a presidency. And im not pessimistic that big things cant happen now. It is not just about the money, its about the way we approach it. The red tape involved. And the enormous burden of permitting that has to be done one step after the other. A lot of those things can be fixed without a big legislative maneuver. And were pushing the administration to work with states and localities to reduce that huge burden preventing us from building the infrastructure we need. I want to lift up big pictures today of the economy when i had you in the room. A lot of people are curious in your view. It feels like its good. Is there a point that it overheats . What is your concern six months to 12 months to 2 years . Whats the chance 100 . But it is good. Household formation is going up, wages are going up, jobs are going up. Well have alltime low soon. Capital expenditures up 25 last quarter . Its not a bubble. Its broadbased rain. It is hard to forecast the future. If i was going to, we could be healthy for a year or maybe a little longer. You seem to vacillate between washington and the political officials saying, Business Needs to they need to concentrate. But then you come back. You keep getting sort of drawn back, it sucks you into the Business Roundtable. What is the state of washington like . First of all, im always optimistic and will keep on doing this job and try to get the right thing done. So every night you get a little depressed, but so what . Go back and roll up the sleeves and do it again. The toxicity of washington. It doesnt matter, its your job. Thats your advice . Come back, figure it out . If business doesnt get involved, its a huge vacuum. If business collaborates, all these things can be fixed. What is the conversation like . In some ways, both parties have a revolt against you guys. The populist movements, they are just theres anger out there and the right translated to trump and the left translating to sanders. They both cant stand big corporate business, big government. What is your case to push back against this rising populist tide . You know, jaime dimon is the case. In other words, its kind of like you can be against big business but in the abstract, you have to like what Jpmorgan Chase is doing in your community. And that is what were encouraging all of our members to do. All our members are stepping up and doing it. They are deeply involved in education and workforce developments in their community. They are deeply involved in charitable undertakings. They are creating jobs, you know, good jobs in each of their communities. Thats how we have to win this argument. If a fellow suggest zen came to you and said, im thinking about jumping into the political frame. Would you tell him to be careful or go ahead and do it . Im not an expert in politics. I applaud people who want to get involved with Something Like that. I dont think ceos are naturally suited to politics. So my view is that just because you run a company stop that. Im glad to hear you say that. Ive had the same view. And actually a ceo is worst type of potential politician because you dont get to run your own show in politics. Right. Is that fair . I think thats true. You have to compromise a lot. You have to. Its not a natural thing to be a ceo and then a politician. You look at these guys and say, politics is a tougher business. Politics is a different business. Now, some ceos are actually turn out to be pretty well suited for it. But being a ceo in my experience isnt in and of itself good preparation to serve in government. So i urge caution to the ceos interested in public service. But i also urge many of them to go into it because the ceos that i work with at the Business Roundtable are you can watch my full conversation on mtp. Com. Is washington ready for a swap . Why dont you ask the poisonous copperhead snakes. [phone ringing] need a change of scenery . The kayak price forecast tool tells you whether to wait or book your flight now. So you can be confident youre getting the best price. Giddyup kayak. Search one and done. So allstate is giving us money back on our bill. Well, that seems fair. We didnt use it. Wish we got money back on gym memberships. Get money back hilarious. With claimfree rewards. Switching to allstate is worth it. Today, there are more sensors on our planet than people. Were putting ai into everything, and everything into the cloud. Its all so. Smart. But how do you work with it . Ask this farmer. Hes using satellite data to help increase crop yields. Thats smart for the food we eat. At this port, supply chains are becoming more transparent with blockchain. Thats smart for millions of shipments. In this lab, researchers are working with watson to help them find new treatments. Thats smart for medicine. At this bank, the worlds most encrypted mainframe is helping prevent cybercrime. Thats smart for everyone. And in africa, iot sensors and the ibm cloud are protecting endangered animals. Thats smart for rhinos. Yeah. Rhinos. Because smart only really matters, when we put it to work not just for a few of us, but for all of us. Lets put smart to work. In case you missed it, maybe the white house is a sinkhole like some say it is. Oh, the rich irony. Theres something under that hole. But that just gets me caution tape, pylons, everything is good, right . Wrong now the sinkhole is getting bigger. There it is. The National Park service says it has been monitoring the situation. So good news, the white house sinkhole is now officially graduated to a situation. Believe me, it gets worse because of the sinkholes, if they dont get you, the poisonous copperhead snakes might. One was spotted on the National Mall wednesday. We got a lot of rain, maybe thats done it. But youll be happy to know copperhead snakes are the only thing found in the district. But their bite is rare ly going to cause get. If you spot one, remain calm and move away slowly. But lordy, watch your step. Thats all for tonight. Well be back with monday orange mtp daily. Have a great weekend. The beat with ari melber starts now. Good evening, ari. Good evening. We begin with breaking news. New heat on Michael Cohen as hes busted for a trump tower meeting that has never been disclosed before. Michael cohen secretly met with a sanctioned russian billionaire just 11 days before the inauguration meeting. It is now under investigative scrutiny. And theres video. Cohen met with victor vexleberg. Hes the same oligarch behind the company that funneled half a Million Dollars to michael