Transcripts For FBC Cavuto Coast To Coast 20170510 : vimarsa

FBC Cavuto Coast To Coast May 10, 2017

Firing means that the buildup or hearing the buildup or investigations may be totally justified, i take nothing away from that, distracts from things like getting cost Efficient Health care act together. Then of course tax cuts are contingent on that together. We were just talking about the cook report that was out yesterday that seems to show republicans now have better than even chance of losing the house and losing 24 seats, what it would take. There is easy precedent for that, in recent elections no less, than you can understand part of my concern. I laid out there, im going to be looking through that prism here, to frame this debate. So, it is not so so much pros and cons. You heard that to death, that you want to shoot yourself im sure. Im looking at prism of you and your money. Things a lot of folks want to see, including yourself might not. So, what is the fallout on all that . Blake burman with the very latest on all of the above. Blake. Reporter to your point, not just taxes and health care but the white house is trying to get done this year potentially infrastructure. There is a spending deal that needs to get done by the end of the year. They need to deal with the debt ceiling. As you add all those things up, things the white house wants to get done not just in the first year but certainly the first 18 months, you have to question where things go here and political waters are murkier and more toxic in washington, d. C. , as it relates to the firing of jim comey. We heard from President Trump moments ago on camera for the first time, the president said this was a decision that had to be made. Why did you fire director comey . He wasnt doing a good job, very simply. He was not doing a good job. Did it affect your meeting with the russians today . Excuse me . Did it affect the meeting with the russians . Reporter the meeting with the russians, Sergey Lavrov and sergey kislyak, entirely different issue. To jim comey, mike pence, the on capitol hill, he made pretty much the same argument President Trump made, the Vice President says there needs to be a fresh start. Simple fact is director comey lost the confidence of the american people. The support for the president s decision being expressed in this Capitol Building and around the country i think is reflective of the fact it was time for a fresh start at the fbi. Reporter neil, we spent a lot of time talking about the timing of these big policy things the white house want to get out there. The timing is starting to get more clearer comeys replacement, Andrew Mccabe is the number two interrim. There is search underway for temporary interim after that. The senate will have to confirm the president at pick that would take some time. Neil that is simple majority of that pick . 511. Neil thanks very much, blake burman. As i said at the outset, this is prism we examine this next couple hours. Does this alter the trump agenda, whether you like donald trump, dislike donald trump, that isnt the issue so much as the economic agenda which is something that he wanted to get back to. Does this take attention away from that . Red alert politics editor ron meyer. What do you think . Absolutely, easy to agree with the host but honestly youre on point. Not just the distraction in the media, what most Trump Supporters are discounting. Media is obsessed that the republicans are working on the agenda. That is not necessarily true. Especially moderate republicans in those 24 tough districts come out and said trump needs to be investigated by independent prosecutor, independent investigator over russia now that this happened. All because of that second paragraph in the letter from trump to comey demanding his resignation or firing. So all this is done basically taken pubs further away from trump and away from what theyre working on. Neil i think youre referring, you told me three times that im not part of this and all but i thought that was just an addon in there that races all sorts of security questions, gets back to the idea, even republicans like john mccain is pouncing on it. Wonder getting away from the stuff that a lot of investors want to see . I think his motive this isnt about you investigating me. This is about you doing a bad job. That is what he meant to say. The way he said it almost brought up more questions. This is the problem, republicans moderates you need all the votes to pass tax reform. You need all votes to pass Obamacare Repeal once it comes back from the senate. You need all votes to do deal on with democrats on infrastructure. All three things we need to get the American Economy where it needs to be, to make sure the next generation has economic opportunity. Make sure those places elected trump, economically depressed areas have a chance. Make sure people with retirement accounts invested in wall street have a chance at retirement. All those things need to happen, this year, frankly we see what the democrats are doing. 2018 will be all about the election, not about getting anything done. This is making it worse by alienating moderate republicans who are in tough districts that democrats are targeting. Neil im thinking of some of the early republican critics of donald trump. Justin amash comes to mind, critical the way the president reacted when they were early opponents to his, sort of strongarming them on the original health care measure. And that theyre salivating at opportunity to return the favor to him. It gets back to the agenda where this president is counting on them to deliver the goods. Now they go back to him, well, about those goods. Heres the thing, all of those republicans from the most moderate to the most conservative like justin amash, praised donald trump when he was doing a good job. Gave the speech at joint session of Congress United everybody. Everybody was ready to get agenda done. When trump is out there succeeding moderates will rally behind him. When trump is fighting divisive media battles, maybe he didnt need to be fired, but did it have to be right now . Neil there were enough doubts about him and he was handling the whole. Mail thing. Now Russian Investigation all that, that is going on. So this looks like its a way to silence all of that. It might not be the case but that is how it is interpreted where he pounced early on when he just got the job, it would not have raised nearly the hackles it has now. Especially when none of the justification has to do with things he did recently, right . All the justification were hearing, handling of the clinton investigation. Wasnt that mostly last year . So that is what im saying. The way this firing happened, the way they rolled it out left more questions. There are questions that are coming from republicans in tougher districts. That is fundamentally why it is detrimental to the trump agenda. Instead of getting trump agenda going, making populist republican run on it in 2018. They push it back. Republicans might not have much to run on if they dont get something done and get the economy going. Neil youre right on all counts. Thanks, neil. Neil a lot of people with this Development Last night was shocking, shocking. Obviously they have not been watching fox business network. They have not been listening to my buddy Charlie Gasparino, recently as last week that comeys job wasnt such a sure thing. If you talk to fbi agents with which i do on occasion about the politics of the place, they would concede that they believe that james comey, the director, is, he has a very tenuous hold on the job. They live from daytoday fearing that donald trump will change his mine and ask for his resignation. Neil always worries me when charlie is talking to fbi agents period. But i understand what he was saying there. Used to call the fbi forever bothering italians. I heard that. What do you make of that this . Sure enough it happened. Now what . Well i could tell you that inside of the fbi, the rankandfile is pretty devastated. For all his negatives, weve been talking about this for a while, how he handled email investigation he is loved by the troops. They think is a guy that supports the bureau, supports their efforts neil even though some in the bureau didnt like the way he exaggerated the email treasure trove . I think there was some wringing of the hands of that, for most part james comey is wellliked. Fallout who is next . The names that are coming up, the ones that we talked about in the past. Rudy giuliani given mixed signals. He came on our show he wouldnt deny he is possibility. Neil what about Chris Christie . Chris christie is another one, new jersey governor, former u. S. Attorney for new jersey, newark district. Trey gowdy, a former prosecutor and ray kelly, maybe the best cop new york city ever has had, former police commissioner. Neil they have someone with no controversy. With rudy, not saying he has done anything wrong. Neil right. This happened with vinnie viola wanted to be the army secretary. He has a business. The business does work overseas. And just that sort of, you got to iestigate that. Can that get through the confirmation process . That is always a problem. Neil need 51. Or 50, Vice President breaks the tie. That is where wiggle room in the senate. Ray kelly would be easiest one. For this reason. Neil christie wouldnt because of bridgegate. That would be a problem. Ray for this reason. He has a stellar record of accomplishment in had new york city. He has worked for, i mean, nominally a republican but he worked for democrats and independents. He was David Dinkins police commissioner. He was Mike Bloombergs police commissioner. He is very progressive forwardlooking guy when it comes to police tactics. Neil he would be a very independent sort. Yes. Neil people thought he would have his number but fbi director once in that job gets a very independent role. Then it becomes optics here. I will tell you this, neil, you and i have said from day one james comey should never day one the meaning minute donald trump was elected, he should be out. Like i said the fbi really believed he was going to go. The they knew his hold was tenuous, the fact that donald trump waited until now. This will be a real issue. I tell you, we should be right now debating whether the 15 Corporate Tax rate is really going to add xamount of jobs and keep the dow at 21,000. Neil i think that is put off. I dont like it. I think that is put off. You might be right. This is confluence of politics and finance and markets why you have to watch us. Well bring that to the table. People have to watch this stuff. This market is really skiddish. Neil any delay, it is like a rock skipping on a pond. One monthay on this means another two months on the next phase of health care, another three months on tax cuts. Right. Neil you could play it out, suddenly see youre at christmastime here, no tax cuts. Likelihood having 2018. For those waiting on that, reality of that could mean, youre going to have a rude wakeup call. Here is the doomsday scenario which i hope doesnt happen for the markets sake and economy sake. Say republicans lose the house next year, okay . Just think about what the investment, what happens when democrats control all the investigative committees. Neil forget it. The fact trump hasnt released tax returns. Still holds his company, his kids run it. He hasnt divested. That is fodder for investigations. Now is the time to do all your fiscal reform, to give republicans something to run on, to not be distracted with james comey, by the way, say he kept him in the job, okay . What would have been the worst thing if he kept him in until he got through most of the stuff through congress . Was he neil democrats are feeding this narrative, not just the democrats because number of republicans are saying maybe we moved quickly russia investigations that he did this for a reason. That the president was anxious that comey was getting a little too close to this . He had asked for more funding for this investigation. That they sensed wait a minute, where is this going . Think about the downside of that. So this get rid of him. The place is in a little bit of disarray, all those agents, i know a lot of fbi agents, if theyre sitting on something that looks bad, guarranty that will be leaked out. Neil absolutely. So this could make that matter worse . Im just saying. Neil which feeds a trump narrative, we know how this goes. We wouldnt do this knowing full well that is distinct possibility. I think he should have sat on comey. Let him spin his wheels with the investigation. Not going to come for a while. Get legislative achievements. What is the worst out there . Flynn met with a russian guy couple times . Neil i think it would be with or without flynn well get leaks. Right. Neil remember yesterday, before we got word of comey firing we were hearing about subpoenaing those who worked around flynn, all of that. Were already getting a sense, even prior to his being dismissed, that he was on the hunt. Yeah, im sure he was. Listen, they had some, there was some smoke there. The question is, when is the right time to fire an fbi director . Neil never a right time. Bill clinton was the last to fire an fbi director in 93. Im saying, last week was a really good week for President Trump. Got through health care. Looked like there would be modifications in the senate. It will get through, tough but get through. He has a tax plan waiting. Looks like he is pushing for it. Main part of his fiscal legislative agenda, why the dow could go up and higher. Ready to roll. Neil why isnt it tumbling . I believe. Theyre still thinking it will get through. Getting ahead of themselves. Dude im telling themselves, if you were to tell me why is not firing when he was elected . What is knew . Is there anything really new . Neil you calling me dude. Youre the pumpkinspiced latte. Neil i appreciate that. Nixon library had a chance to play on to this, say for those who are saying this is analogous to saturday night massacre in 1973, when Richard Nixon got rid of Archibald Cox and special prosecutor and attorney general they opted to resign. In that we never fired an fbi director. Thats true. So when Nixon Library seizing on this to say, your worse than us. That is where you stand. More after this. alarm beeping vo when you wake up with miracleear. Your mornings can come to life with sound. Our exclusive Speech Isolation Technology transforms a bustling cafe into a clear connection that helps you hear the laugh that made you fall in love with her in the first place. And, at miracleear, we take the time to get to know you, grandpa so we can ensure you hear what matters most in your world. Call, click or come in today to learn how to start your better days. Miracleear. Hear a better day. What should happen now . What must happen now, is that mr. Rosenstein appoints a special prosecutor to oversee this investigation. Today well no doubt hear calls for new investigation. Partisan calls should not delay considerable work of chairman burr and vice chairman warner. Too much is at stake. Neil all right, so many prosecutors, so many investigations, so little time. Former White House Security Council Staff year Gillian Turner on all of the above. Obviously this changes democrats tell and some republicans i guess, this warrants more examination and even more involved investigations. Where is this going, gillian . Well, as you mentioned there are multiple ongoing investigations now surrounding this issue. I think firing of the fbi director really complicates this, entrenches the Trump Administration in the middle of this political debate, i think much to their disadvantage unfortunately. Neil they must have calculated that gillian, this is exactly the response they would have gotten. There were reports they thought democrats hated comey so much they wouldnt complain about it, but maybe miscalculated . Hard to see logic there, when you think the ole basis in the Trump Administrations own words for the ring happening is the fact that comey allegedly mishandled the Hillary Clinton email investigation and how that played out. But that ended seven month ago. Why are they, you know this is why time something now at the center of, is now the center of attention neil that is a bit of specious argument, we think, he treated Hillary Clinton unfarley and just might have caused her to lose the election. I dont know if that is such a good approach to this but anyway. Look he chose to keep him on at that time. Neil bingo. Bingo. Despite the mistake that he made. Again, why is he firing him now. There is still no good justification. Neil what happens now, gillian . People support more investigations or no, special prosecutor or no, my view on this, neil, all youre concerned about is money, money, and tax cuts, all im saying good someone is. Neil it will drag out and put less time and effort into that stuff because weve learned with congress theyre not good at walking, talking, chewing gum at the same time. That is true. And from an optics perspective, the other thing the Trump Administration is now dealing with another personnel crisis. If the firing of the acting attorney general. Neil right. Then the National Security advisor was not enough. Look, couple month into office, you fired three of your major cabinet level players that is big sort of scandal in of its own. That is what democrats focus on now. To be honest, the Trump Administration brought this upon itself. I think it was terrible decision from an optics perspective, that he made the decision now. Neil you know, it is a little ironic, that democrats, some are complaining saying, the very ones who were calling for comeys head, saying he should be fired for the way really, you know hurt Hillary Clinton and politicized this whole investigation, their argument, now theyre aghast at what the president has done. How much of a fight is

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