Donald trump throwing his weight as you might have heard behind one jim jordan. Steve scalise shows no signs of backing down. All of this as the Republican Congress plans to vote on a Secret Ballot next week on who their nominee will be for speaker. Will donald trump be a king maker or could this be a deal breaker . Welcome, everybody. Im neil cavuto. Lets go to chad pergram on capitol hill. Chad, where are we on all of this . Neil, good afternoon. The endorsement of jim jordan by former President Trump cut multiple ways. It may boost jordan among trump loyalists, but some republicans think the last thing they need is a speaker endorsed by the former president. Jordan says hes the guy. Who can bring our Team Together . Who can unite our conference and who can tell the American People what were doing and why its important to them. Someone has to be able to come forward, unite the republicans around our message, around what were doing for the American People and go make that take that message to the country and deliver it in a compelling succinct way, which i think i can do. House majority leader Steve Scalise towers over jordan when it comes to fund raising. He has more direct connection with Rank And File members. Scalise says hes the one to challenge democrats. Well come together as a house. Theyre scared to death of us coming in the house under my guidance as speaker to go and get in this fight again. Because once were back in this fight, the country is already there. Theyre ready to solve these problems. But theres a possible candidate under the radar. Hes under declared from oklahoma. And chairs what is called the republican study committee. The largest block of conservatives in the house. I think one wild card in this, neil, is kevin hern. He has laid low. Hes extremely talented. Hes been on the conservative wing of the congress, wellrespected. So just hasnt thrown his name in yet. The gop plans to vote next wednesday. That could signal where the candidates stand. They will not go to the floor until the republicans feel they have a candidate that can win. They want to avoid multiple rounds of failed votes. Neil im sure they want to avoid another problem with the whole vacate the speaker thing that required one congressman to put that in motion. How likely is that . Theres a lot of talk about that. They have to get a speaker first. They cannot change the rules until they get a speaker. Neil and then the issue once you have the speaker, whether some of those eight that werent too keen on the the last one agree to remove that, right . There has been some chatter that whoever they pick next doesnt stay too long. There was the year that england had three king, neil. Neil so true. Dont get me started on the number of bocce ball champions. Thanks, chad. Congressman steve womack, arkansas republican. You are at this point supporting Steve Scalise. You still stand by that . I do. I think hes the best qualified. We need somebody that can unite us, somebody with credentials and with an operation in place. We need somebody that can raise money. We need somebody that has the conservative bona fides that can help unite all republicans. That guy is Steve Scalise . That opinion. Neil that guy is not jim jordan to you . Well, look, i know them all well. I know kevin hern well. All very capable people. At this stage of the game, neil, the republican conference needs somebody to step up to the plate and lead. I think the guy that is in the best position right now to do what needs to happen to the republican conference is Steve Scalise. Neil were you surprised that donald trump did weighin and say that he thinks otherwise . He thinks jim jordan . Not really. Mr. Trump likes to get involved in all things political. As chad said, look, this that could be zero sum. Could be helpful to jim. Could be detrimental in some respects. All i can tell you is this decision will be made by our conference in a Secret Ballot on a tuesday night. Hopefully we will be able to rally and coalesce around one individual and with the Clock Ticking on a continuing resolution that ends in november, we need to get about the business of our country. Neil much has been said about who becomes the next speaker, he or she, will still have the same narrow majority for republicans. That an easier way to deal with that Going Forward is to remove this vacation the speaker provision that torpedoed Kevin Mccarthy. That has to wait until we have a speaker. How do you feel about removing that . I dont like the motion to vacate. I told kevin when the deal was made, it was a mistake. I wrote an oped that ran in my State Newspaper that said at the end that in a strange twist of irony, Kevin Mccarthy got elected speaker because six members voted present. It will hang his speakership will hang in the balance because those six members remain present. We dont need a situation where just a very small handful of people, the tail wagging the dog can actually Keep Congress from fail failing to function. Neil how important is it for you for Steve Scalise to raise money . Kevin mccarthy was gifted at it. Jordan not so much. He wasnt in the Party Leadership hierarchy. Is that important to you . It is important. Look, Kevin Mccarthy was a prolific fund raiser. Nobody denies that. He had a great megaphone. He was the speaker of the house. Whoever the speaker of the house is likely in a situation to raise serious money. We need to raise money because we know the dems will raise 100 million to stoke the coffers of their candidates trying to flip seats. Were going to need to do that as well, which is another good reason why we need to meet tuesday night, get this speaker elected wednesday and get them out. Neil im curious what you make of how everyone gets along after this. Theres this view of these wren gaits or those that are uber conservative and they all say to a man or woman, you know, were all republicans. Just different views of how to proceed from here. A lot of wounds a lot of bad blood after this week, congressman. Are you worried . Theres going to have to be some healing. There are hard feelings. Emotionally charged rooms with low ceilings. Thats where we meet. People get very angry at one another, particularly when theres a lot of finger pointing going on. So which is another test for the new speaker. That person will have to be able to rub some salve in those wounds, help us heal, bring us back together. Get us refocused on the issues that the American People are thinking about. We got an insecurity border, an economy that needs help. We have National Security issues. We need to move appropriations. Theres no end of business. As i said, clock is ticking. Were out of timeouts. We need to get back to the business. Neil well see if that happens from. Your mouth. Oklahoma republican kevin hern, who Congressman Womack just referred to will be my guest tomorrow at 10 00 a. M. Eastern time. When we talked to him 24 hours ago, he seemed open to the idea of running. He had told the texas delegation of republicans in a separate meeting that he was eyeing it. Whether that means hes going to do that, well see. Well talk to him tomorrow at 10 00 a. M. Eastern time. A bigsy show there handicapping this. What happened at the corner of wall and broad today. A big advance in the dow of 288 persons. We had a stronger than expected jobs record. We had 336,000 jobs added to the economy again. Nobody expected that. That was double what we thought it would be. That initially led to a lot of selling and the belief that that would prompt the Federal Reserve to intervene and keep the rates higher. In this subcomponents that showed wage growth still advancing, continued to slow for the fifth straight month. In other words, running. 2 year or year that might not seem much thou, but the fact of the matter is, that had been running at a. 7 clip year over year. The market seized on it as a sign that maybe the advance were seeing in Wage Inflation is beginning to slow even though right now in the aggregate, it is not. Were on top of that and on top of of one of the worlds most successful investors ever stopping by to have a chat with us concerning this confusing environment for stocks, this Confusing Fighting Environment on capitol hill and why to one of the most Successful Hedge Fund managers ever, why this is something that happens in institutions in their final throw. An empire in its final gas after this. Eel at home this season. Thats why with Hisense Appliances, you can get a lot more, without spending a lot more. Because the only thing better than scoring quality appliances is the quality time that follows. Shop Hisense Appliances now, exclusively at lowes. upbeat music constant contacts advanced automation lets you send the right message at the right time, every time. constant contact. Helping the small stand tall. Neil you know the term hedge fund. People spend a lot of money to make a lot of money. If they were customers of bridgewater associates, they made a lot of money. So theres a sweeping sense of history with the company. Its not afternoon when this guy talks to the media, especially the broadcast media. He felt the need to step back, take a look whats going on in the world, what were seeing in washington, the fighting over spending and all of that. This debt crisis that gets more headed by the day. Ray dahlia says theres parallels here i want to share with you. So he is. Right now. Take a look. So there were three things that our happening now that didnt happen in our lifetime before, the enormous amount of debt creation. Are there limits . How does that work . What does it mean when a central bank prints money and buys money . Number 1, the Debt Economic issue. Number 2, internal conflict. In other words, populous and populous of the left and right. Populous means an individual that will fight at all cost. That political polarity which we see played out every day in its ways, that didnt happen to that degree in my lifetime. The wealth gaps, the values gaps have not been as large. So i measure things. I to back. That factor. And number 3, the great power conflict. The rise of a comparable power. In other words, china has an economic power comparable to almost the United States economic power as well as a Military Power. The soviet union never had economic power and couldnt use Military Power because of Mass Destruction that it would produce. These three things led me to study the past 500 years. These things go in cycles. Before the british empire, there was a dutch empire. Neil everything you say people will say is as big worry right here. If you worry, you dont have to worry. If you worry, you need to worry. If you worry, then youll take care of the things that youre worrying about. If you dont worry, you wont. We have to worry that theyre not worrying and we have to worry theyre not dealing with it. Youre asking what do we do . We might communicate. We know that every one of these things, if we Work Together in a smart bipartisan way so that we can do the best balancing of those choices, that we can deal with most of these problems. But the problem is, im agreeing with you, the reality is, how each of those will that there is populism of both extremes that both parties are lining up for a fight. Neil you talked about this in general. Principals for changing world order and principals for success. This is a phenomenon with your best sellers. People hop on youtube just to catch what youre saying. What youre saying is were none of that. Were not following any principals at this point. So im just wondering what the fallout from that could be. Is anyone on earth presently doing that . If were in the final throes of something that could be very bad, we can avoid it if you say we address it. Were not. Is there a politician, a candidate that gives you hope . We need bipartisan. The majority of americans want bipartisan middle. Were having extremes at both sides. If you even just add members of either party say, im bipartisan. I want to work across party lines. Then if you have those and then you build a coalition of those, that could make a big difference. Its come down to that the things that people will fight for have become i will not compromise, im going to win at all costs and so the rules are in jeopardy. So were going to see over this period of lets say the next five years, were going to see political changes, geo political changes, were going to see financial consequences and were going to see issues pertaining to the cost of climate and Big Technology changes that will change our lives in important ways. Neil but were not addressing the very things youre talking about. I agree, neil. So im just saying theres a fork in the road here. Okay . As i see it. You either do or you dont. The probability is we wont. If we dont, you as an individual and everybody has to know how to deal with that. Ive learned some things. I want to pass them along. I wrote the books. Ideal with my philanthropy part of the giving pledge. Are the kids okay with that . Theres a problem if the kids have too much money just like theres a problem if they have too little money. I was lucky that i grew up, i didnt have much money. I had two parents that loved me. Went to a Public School and neil your kids are different. They got it. They grew up. But who cares . Its the best for them. Sometimes its tough love. Neil you hit a cord with these books. Videos and the rest. Theres people that have nothing to do with finance or knowledge about money who have gravitated to this. They need that. Are you surprised by that . Im pleasantly surprised by that. I get all sorts of things. Bill belichick, patriots, calls me up. He said i read your book. This is a great book. Then he said lets talk about principles. That conversation ill share. But different people in different domains, how do you build a team . How do you there were things that we learn. I encourage others to write down their principles. So many people that made successful decisions. They know how to win. Neil i think what youre good at, wrap up here, i think what youre saying in between all of this, just be good human beings. Just look out for the good beyond yourself. But were not doing that. Yes. Im saying the following. Understand how reality works. Reality works how it works. Understand how to deal with it well. To get what you want, how to be successful. And then higher level, understand that youre part of a system, a whole ecosystem and that what is good for the system is also good for you by and large. Be if you evolve well and you contribute to evolution, everything will go better. Neil all right. Ray dalio. Weve had enormous interest in there and a couple more extended running of other comments on fox business that well elaborate on on my weekend show and the entire interview, almost an hour, will be on the fox business website. You can catch it from beginning to end. A lot of you said i want to know more. All of that will be addressed there. One of the finist financial minds i have ever known. Ive been around this for i know might surprise you 40 years plus. We have a lot more coming up including what is happening with this growing migrant situation. The latest stop, chicago. Dry skin is sensitive skin, too. And its natural. Treat it that way with aveeno® daily moisture. Formulated with nourishing, prebiotic oat. Its clinically proven to Moisturize Dry skin for 24 hours. Aveeno® neil a friday and no extension of the auto workers strike. Whats going on . The latest after this. Your financial story. Were not an airline, but our Network Connects global businesses across nearly 160 markets. Were not a startup, but our Innovation Labs use new technologies to help keep your information secure. Were not architects, but we help build stronger communities. Were not just any bank. We are citi. She runs and plays like a puppy again. His 2s are perfect hes a brand new dog, all in less than a year. When people switch their dogs food from kibble to the farmers dog, they often say that it feels like magic. But theres no magic involved. dog bark its simply fresh meat and vegetables, with all the nutrients dogs need instead of dried pellets. Just food made for the health of dogs. Delivered in packs portioned for your dog. Its amazing what real food can do. Neil all right. Remember when migrants were a border issue for states like texas and arizona . Well, ever since many were being sent to Sanctuary Cities and states like new york, now chicago, the view of this has changed mightily. Doesnt Garrett Tenney know this. Garrett has more from chicago. City Officials Say that chicago is reaching a breaking point. Theyre overwhelmed by the number of migrants that are arriving here. In the last week alone, the number of migrants living here at the bus terminal at ohare has more than doubled to more than 800 people. You can see some of what its like inside in this video we shot earlier today. People are packed inside, sleeping on boxes and blankets. A lot of kids here and pregnant women. Its a similar scene at Police Stations across the city where more than 2,500 migrants are waiting for space to open up at one of the citys shelters. Some of them are being forced to sleep outside on the ground since theres no room inside. One man that recently arrived from venezuela sai