Furious because i send people checks, a lot of money and give you the names right now which is what you want and instead of being thank you, mister trump or trump did a good job, everyone says who got it, who got it, and you make me look very bad. I never received such bad publicity for doing such a good job. Connell he ran through those names and the total numbers are 5. 6 million, Charlie Gasparino was there and is still there. Former Navy Seal Trump backer and the daily beast, also just on with stuart, just heard what you said. Why dont you go first. It was something to watch, a press conference about the press. It was a sizable hold but the bottom line, he wanted to shame the press for asking these questions with this is our job. We are supposed to hold politicians and people like donald trump who i guess is a politician now accountable when they say they did something. He that he raised this money. For weeks, for months his campaign couldnt tell you where it went. Corey lewandowski, his Campaign Manager told another publication it was 4 . 5 million a couple weeks ago. This was a question that hadnt been answered, and the republican nominee he did answer it today. He said you have done a lot of reporting on this personally and you did raise a lot of questions jackie talked about but now we do have sufficient answers. I will say this. This is the liberal media which first raised questions where these donations are going, the liberal media known as foxbusiness and the weekly standard. That is the liberal media but first, ill be for the paper to catching up, we were the first to do it. s claims about the liberal media raising questions are absurd. We are supposed to put his feet to the fire and say where is the money . The answer coming after the weekly standards to raise these issues was inadequate. Lets be clear, there is one political candidate who has given 6 million to vets and it aint the person who runs the clinton foundation. It is donald trump, he deserves some degree of thanks which he gave 1 million to the Law Enforcement sensation, a group i helped in the past, given a few bucks, not 1 million, less then that but it is a Good Organization that helps the families of marines and other Law Enforcement people, when the breadwinner that was in Law Enforcement was killed this is good stuff he is doing but i will say this. I have never seen anything like that. Ashley he gives the press conference we say that but he tries to turn this on the media making it their fault for asking questions. That was too much to take at certain points. I was surprised you werent called on and other people were. I tried to ask a question. I dont know for sure. I tried to ask a question, looked like he looked away. What he does is answers questions and call them names. I call them names before they asked the question. I want to get carls perspective because he is a veteran donating to veterans as a former navy seal, and a trump backer. Your reaction to this not only today but the buildup, the questioning done by us in the media of mister trump. To jackies point the medias job is to hold feet to the fire to be accountable and things like that, but what they did was automatically said i dont think trump gave him the money, they banned them in the media before saying wait until it comes out. He gave 350. And a lot of a lot of media said i dont think he gave it. One of the things go ahead. Charles the reporting of this, i respect your opinion and what you did for the country but the bottom line, respect me in doing my job as a professional. I made the calls, their answers were inadequate, evasive and it looked either like he didnt raise the money and we gave a chance to respond or he didnt know he had the money, it defied credulity. I wasnt out to nail donald trump on this. He gave inadequate answers because probably he didnt raise the money. That is probably what happened is they had pledges still coming in, he said the money would be there, it is there, it has been given out but he wanted to vent these things properly. They did not respond. It looks like some of the members of the media, a common person might not look so much. I dont think so, 6 months after the fact he raised 6 million, not 6 billion, donald trump is worth 10 billion. If you cant get that money you can pull it out of your pocket and wait for it to come in. It defies credulity the way they handled this but today was great, you cannot deny it. This is good stuff. It was a four month process what we went through to get this. January, february, march, april, may. Connell you have been waiting patiently to make a point, go ahead. To the point, he didnt tell the media the new information they were vetting these organizations. You should that these organizations to make sure they are worthy of the money that is being allocated. He didnt tell the media, we dont read his mind. Unless we are told. A lot of people would say i am sure carl would make a point, it is a winning day for donald trump to stand appear and make these comments so people at home and the way they read it. The newsflash, donald trump doesnt owe the media any explanation where he has Given Charity dollars. It is the people who read us. He said he would and did give it to the best. Ashley make one point. And we will let you wrap up and get the final word. You can finish your thoughts on this issue for donald trump, winning issue, he looks better than the media does. Is that the take away from Trump Supporters . He doesnt contrary to popular belief so the media an explanation where the money goes. These are charities that he vetted. And out of his own pockets give it to them. And to these veterans liz one was called the sleeve and another was called a beauty. Lets be real clear here, this is where i split the difference. Using it as a campaign prop you will be held accountable. You get all these organizations, 6 months later or four month later to vet them all. And easily vetted organizations, it is easy to do that. Marine corps, Law Enforcement foundation, they are easily vetted. He did find it. And a friend that cnn has the monopoly on being a beauty. Thank you very much, charlie and jackie. Mean time trump has other issues in the News Conference, what would be the idea that somehow a third Party Challenger is going to come into the race. We have the former governor of new mexico gary johnson, the libertarian candidate but there are others being talked about, bill kristol, the conservative commentator, looking at his tweet from over the weekend, there will be an independent candidate and impressive one and a strong team and a real chance to respond to that if bill kristol actually does give us boiler to run as an urge steve forbes, a lot of fun. You must be here to tell us you are the thirdparty candidate. 20 years ago maybe. Nobody else. I will ask that, everybody they think is going to be the person seems to say no. Does crystal a veterans contribution, where are they . Crystal has not provided a name yet. Connell okay with way trump handled things on the veterans with charlie and company . He is okay. Does bill kristol have a person here . If he has one he would have unveiled that person because time is of the essence, want to get on state ballots and two to get credibility for the campaign and have people believe you can draw votes not just from republicans the democrats and independents. Deadlines are coming up very soon and the state like texas is complicated so you will have court fights. In terms of the thirdparty you could get a scenario the thirdparty challenge will come from the democrats. The report that pushes the Justice Department to do what they dont want to do it have a real report on Hillary Clinton, you could see those delegates, the superdelegates and conscience clause among democrats, you cannot support the person you are pledged to you are allowed to go to another candidate. Bottom line, you could get joe biden, sanders could run third party. He might be tempted if joe biden pick sanders for vp or pick somebody like elizabeth warren. In terms of thirdparty you gotta get a real name to do it and if you dont you get a few votes but it wont make a big difference at this meal of the day. Any attention, a few votes make a difference in a state and gary johnson. In terms of becoming a substantial candidate, try to become a spoiler, using the example of 2000 what ralph nader did to out gore, a big issue with republicans is the one trump played in that email, that is Supreme Court. Do you want three justices to go to a literal democrat . They are trying to keep them below 270 on the Electoral College or seems like it. 20 of the popular vote didnt carry one. A lot of talk about that gives us something to talk about. Good to see you. Steve forbes. Lets go to the markets down 92 points on the Dow Jones Industrial average, 17,781 is where we stand with nicole pedallides watching it all from the stock exchange. Nicole we are watching markets under pressure. A lot of things we are digesting, everyone looking forward to friday, allimportant monthly jobs report, majority stocks to the down side, disney and nike weighing on the tao. We got mixed Economic News as far as consumer confidence, Consumer Spending went ends gains 7 years but a few things investors having to digest off of a winning week. Want to take a look at winners and losers for the month of may and major averages are higher, the tao trying to hold on, 0. 1 higher. Nasdaq is the best at 3. 5 . You are your winners for the month of may, talk about semi conductors, chips and the like that have seen heavy demand, electronic arts, gamemaker, so with that the videogamemaker has soared, they have more coming on and on the downside, chesapeake, nordstrom, it is no different. We talked at about the republican race for president in the last 14 or 15 minutes but what about the democratic side . Hillary clinton seems to be a little worried about the state of california. Innovative sonicare technology with up to 27 more brush movements versus oral b. Get healthier gums in 2 weeks guaranteed. Innovation and you. Philips sonicare. Save when you buy the most loved rechargeable toothbrush brand in america. You wouldnt take medicine without checking the side effects. Hey honey. Huh. The good news is my hypertension is gone. So why would you invest without checking brokercheck . Check your broker with brokercheck. Connell Hillary Clinton scrambling for the state of california. She got a boost from governor gerri brown who endorsed mrs. Clinton after she canceled an event she had in new jersey with more time to campaign from the daily caller. Just how important this is, not like anybody wont be the nominee but it would look good to lose california to Bernie Sanders and she might do that. Practically neck and neck and if hillarys handful of events is an indication internal polling indicates she has to do everything she can to win california because california is supposed to be a place she would win easily. Up until now the polling was in her favor. Clearly a Democratic State and one of the crown jewels of the Democratic Party in terms of states they have to win to be taken seriously as the democratic nominee. She goes in next tuesday which california finishes voting will probably know that hillary has secured the nomination but if she goes into next tuesday and gives a speech, victory speech as the supposedly nominee and just lost california that is not going to look good at all. Ashley a different scene at trump tower, nailing the News Conference and the whole thing and everybody was there but you are right. If you are Hillary Clinton it would be like i won but it is weird. Pretty depressing way to go to the general election and meanwhile the nagging problem of Bernie Sanders, the whole reason she is having this fight is this guy has driven her far to the left in the primary, made her a wounded candidate going into the general and it will leave a lot of disaffected sanders supporters in their wake because the later and later sanders goes the more likely these people will sit out waiting for hillary. Connell trump says he can win those people over and maybe he can. The journal has numbers on it but most of these people are not big fans of trump, most of them agree on trade, just wouldnt agree with fixing what they see as a problem on trade. You think they will go to trump or just sit out . Potential bernie voters in the general election matchup with sanders in the race may break for trump. These are not people who are politically advanced event invested in Bernie Sanders but if you are a person who doesnt go to a particular party but you like the workingclass being devastated and you probably wont be for sanders or trump. Connell doesnt make sense on the issues if you look at the tone and approach, it is good to see you, thanks for coming on. Get back to these markets and the declines we are seeing, trying to see three months of gains going so we will see how we finish up the could a looming rate hike from the Federal Reserve stop the run . Markets are prepared, we will talk about it coming up. Connell if you were watching on friday as the news was happening janet yellen sees rate hikes in the next few months, stocks down 90 points. The fear is the prospect of a rate hike. Former Federal Reserve vice chair joins us now so that is one of the reasons we try not to mark on a second by second basis but take a Bigger Picture view. What about an Interest Rate hike . Anybody is surprised by the fed talking about a rate hike they have been absent for a long time. We have known this was coming. The only reason it wouldnt is bad news on the economy which chairman yellen does not expect. Stuart she does not see that. We talk about different parts of the economy. Big picture, talking about housing, jobs, when you look at our economy right now where are the strengths, the strongest pockets of the economy . The strength are the labor market generally, we have seen an increase in laborforce participation, we are not back to where we were before but people are coming back into the labor market to look for jobs, that is the reason we have more employment and the Unemployment Rate hasnt come down further or has come down fine but the job market looks pretty strong. The discouraging thing is the slow growth in productivity. We have to rev up our productivity and that means investments public and private. Connell there was a story line for years after 2008 and so on that we were adept at doing more with less and essentially we were more productive given everything we were dealing with and why arent we now . A lot of things changed since then and productivity growth is back where it was before the spirit in the 90s that lasted into the last decade but nobody is sure exactly why, presumably it is slow demand and that a slowing investments but it neednt slow down public investment. There are all kinds of things you need to spend more money on in the private sector, infrastructure i am talking yes, public investment. We know how to do that, dont need crumbling roads and bridges, dont need sewer systems that are 19th century. We can do all sorts of things if they spend money that would create some jobs and skills and be conducive to future productivity. This donald trump News Conference we watched in the last hour or so, Hillary Clinton has some worries of her own in trying to get the democratic nomination all put away so to speak, do you think the election will have an effect on the economic numbers positively or negatively or is it not much from now until november . How much risk is this related to the election . Hard to say. The worry that i have is we are stuck in a gridlock in washington. One can hope the election will get us out of it. Either way. Especially, especially if Hillary Clinton wins. I am a hillary supporter. I think she would get us out of the gridlock. She would have to negotiate with speaker ryan and whoever is in charge of the senate but my hope is she could move us on to do some of the obvious things we ought to be doing like infrastructure and that sort of thing and reforming, cant do anything mode, got to get out of that. Connell thank you for your time and your viewpoint. How much money can be raised . Donald trump will spend his own money, continue to do that or be able to raise what he needs from outside donors . We will talk about that coming up, the donald trump financial plan. Connell back on cavuto coast to coast, a lot of media talk today. What about this gannett takeover push for tribune . Taking a nasty turn here as gannett sends a memo to tribune shareholders outlining the takeover plan. Bashes the ceo, justin dearborn, as an individual with no relevant industry experience. Well, other than that tribune chairman Michael Pharoah talked about the offer, and heres what he said. I guess you dont like the price, right . No, do not like the price. Neil its not surprising so many papers would try to lowball the first offer. Do you think thats what theyre up to . Theres been a lot of nastiness. Im actually good friends with the chairman, jeff lewis. If i was gannett, i would be trying to buy us, too, at the price they did because its a steal of a deal. Connell there you go. Now, it is a story that we think is far from over. Tribunes up, the stock price is at least today as you see by 3, 3. 5 . Gannett down by five cents. Speaking of media, trump versus the media, that was the story of the last hour, firing back at the criticism he had been receiving of the timing of his donations to veterans groups. So he defended himself, he gave us this list of groups and Everything Else, and there was a marine veteran there, al baldisaro, and al talked about this. Well, he took shots at t