129 points at this moment. Your world with neil cavuto will break it down as he always does with the best in business. Should news break out, well break in because breaking news changes everything on fox news channel. See you next week. Well, President Trump and the first lady are in ohio at this hour. One of the president s closest confidants is granted immunity and everybody is wondering what does that immunity and the Michael Cohen investigation mean. Is the russia probe going beyond russia . Where does this end . Welcome. Im neil cavuto. The president s battle with Jeff Sessions end . Stocks survived. The white house survived. The critics thrive. If you call my interview with dana on fbn earlier today, it was a wild ride. The president does have the
hes in the news. The reason why, federal prosecutors in new york have granted him immunity, a big story line here at the white house here today. Wiselberg is a person who apparently dealt with mr. Cohen. He helped him be reimbursed for the hush money paid to the adult film stars. Investigators are looking for more details about the payments. Wiselberg has been granted immunity as i mentioned in new york. Hes also identified in Court Filings as executive 1. He testified before a grand jury last month. So while were just finding out about this today, neil, this is actually a month old news. Sometimes it just sort of comes out in dribs and drags. Hes also one of two trustees of the trump trust that controls the president s assets. That means at least presumably he would have an idea of what money went where. This is interesting, neil,
because this Michael Cohen part of the story is really interesting. Even though its now coming to light, this dovetails about to Michael Cohen. People wondering, what happened with the whole thing with wiselberg and the cfo of the national enquirers, david pecker. We talk about he too has been granted immunity. This is happening as the president set ablaze another twitter spat with Jeff Sessions. Weve seen this and talked about it at length for quite some time. Lets go to twitter and share part of what the president is saying about his Attorney General. Hes complaining that hes not doing enough. You may remember yesterday, the a. G. Said my Department Of Justice will not be improperly thought of political
what the president wants him to do, he should resign. Jeff sessions was not elected president. The fact that we get people letting people like Jeff Sessions get away with it should indicate this incredible Propaganda Campaign that has tied the president s hands to do what is necessary to be a successful president. Neil i dont think you would succumb to a Propaganda Campaign if you didnt like someone on your staff. You would fire them in a heartbeat. Some people are saying regardless of what you think, fire him. No. Fake news has been created this situation where this the president does what is right so he can assume his authority as president , there will be an avalanche. Oh, its part of the coverup. Neil that Isnt Fake News to say the president and his Attorney General are back and forth and the president does have a power to fire a cabinet
member he doesnt like. He has legal power neil congressman, you dont like the guy. You hate the guy. You think hes a loser, hes not getting it done. The president calls him mr. Mcgoo. Fire his ass. The president has the legal power to do something. The dynamics are, you can have people working together, call it a conspiracy, whatever you want, we uncovered evidence that people the very day the president was elected saying neil i understand. But its not fake news that the president has the real power and authority to say, you, Jeff Sessions, have disappointed me. I dont want you on board. I know im going to get chastised for anymore the middle of covering something up here but im firing you. That is not fake news. That is the president of the united states. No. Hold on. The fake news isnt that. The fake news is what is preventing him and creating the political dynamic of whether if he would conduct himself like youre saying, there would be this mass onslaught claiming he was covering up other things. You know neil and he has said some things and then said other things to update those things like not knowing payments to these women, whatever you want to call it and then saying, yeah, i did know. You can understand fake news. People are looking at that, congressman and saying you havent been consistent yourself. Well, again, we end up discussing mistakes and perhaps what how he handle himself in a situation rather than the essence of the situation is the president is being blackmailed. This man was being blackmailed. The guy who is mistakingly handling it so every bit of the
procedure isnt correct, hes not the villain. The villain is the person blackmailing him. But no, we dont get that at all. Neil it was surreal. I respect the congressman but it takes two to blackmail. If you think youre being blackmailed and you signed the check, its fair and balanced blackmail. How will this be laying out on the Daily Mail White House correspondents with us here. Lee, where is this going, the back and forth . It looks like its entered another world. It has entered another world. I mean, i think since the president went down that escalator june 15 or june 16, 2015, weve been in another world. We are entering a deeper world where things that anybody else would be crucified for, this president doesnt. He somehow gets away with it. But its getting weirder and weird. His supporters are digging in
and supporting him even more. The more hysterical the left gets, the more hysterical the media gets, the more people get mad and angry, the more people say hes right to do what hes doing. Everybody is out to get him. Its almost impossible to predict what will happen because this isnt the way things usually go. When theres this kind of a scandal, people say huh, this isnt right. Thats not the way things are playing out. Neil it is confusing. Im not a lawyer. Its easier said than done to fire Jeff Sessions. You wait for him to quit. Who cares about it. If you feel that strongly that you got a loser on board, get rid of him rather than drag him out. Youre the president of the united states. Neil, no, this gets into politics, not legality. Of course, theres a legal argument to be made if he got rid of Jeff Sessions, Robert Mueller and his team would deal their heels in deeper on
allegations of obstruction of justice. However, going to the politics, its true that as things stand that in the senate, there wouldnt be enough support to confirm someone else to be in Jeff Sessions position as the Attorney General. Already the Senate Judiciary committee is very busy trying to get through President Trumps nominees to be on the Supreme Court bench and theyre trying to get that done before october when the new session starts. Then you have the november elections as well. Just as far as timing goes, its just not something that the Senate Judiciary chairman has said that they have time for currently. He signals this week after the Supreme Court nominee goes through, this is something that they have time to look at. Neil i can understand the president saying he doesnt get a fair shake in the media. He doesnt. But you get ammunition with this kind of stuff. And to play the victim here, i dont know. Business news and analysis. And the policy that he dealt with in a world of slimy guys and b, the problem is now, it looks like those slimy guys are getting immunity and the walls are closing in and he will be lashing out more and more, which will not allow more focus on a growing economy as you head towards november. Neil ladies, thanks very much. Youre looking at footage of the president in ohio with if first lady. Well look into that and the russia probe that has veered very far from a russia probe. What in the end it has nothing to do with russia at all after this. Be right back. With moderate to severe Crohns Disease, i was there, just not always where i needed to be. Is she alright . I hope so. So i talked to my doctor about humira. I learned humira is for people who still have symptoms of Crohns Disease after trying other medications. And the majority of people on humira saw significant symptom relief and many achieved remission
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only have Mission Creep by mr. Mueller into the Southern District of new york but as i said before, creeps on a mission to destroy the president. Theyve come at him from every angle humanly possible and beyond our imagination to try to find anything they can to pin on anyone associated with him, which is not what the Department Of Justice or any branch thereof is supposed to do. Neil could it be this severed far from socalled Russian Collusion and business deals period that it could be related to russia . This would not be the first Prosecutorial Overreach where it happened. Democrats complained about it in the clinton investigation. Started with real estate deals and ended up with a relationship with an intern. Is this going in that farflung direction . It certainly could be. That is a big concern. Thats why ive been speaking out for years on the need for criminal Justice Reform and for the Department Of Justice to focus on crimes instead of
individuals. This has branched out way too far. When mueller referred it to the Southern District of new york, i was concerned then that he was adding to his team, not handing something off. That looks like where this has gone and is going. Neil so a lot of people are saying, we have to revisit this about how far prosecutors can go, how long they can keep doing what they do. They never make much progress there. This might be a Textbook Case because democrats would look back to clinton and say, yeah, we know what you mean. What do you see happening . Im hoping that all of this will spur congress to a bipartisan effort to have systemwide top to bottom criminal Justice Reform. Prosecutors enjoy absolute immunity. They can make up a case against someone, send an innocent person to prison and nothing happens to them except theyre promoted
like Andrew Wiseman was after he destroyed author anderson and 85,000 jobs only to be reversed by the Supreme Court 90 two years later. Its all detailed in my book, license to lie. Thats what we have to guard against. Its happening all the time, happened to countless americans and i would estimate 10 of our current Prison Population is completely innocent. Neil but by granting someone immunity, youre giving them a reason to talk or incentive to talk and up until that granting them immunity might not have talked at all because there might not be anything to talk about and its an Insurance Policy. Exactly. Your right. Its a big problem. They often give immunity to people that committed the accessory crimes to stretch the law to criminalize those that
havent but to get a bigger fish. They do it all the time. Its a huge problem. Neil thanks, sydney. Sydney powell. Best selling author, former federal prosecutor. Its crazy. This severing way out of control regardless of your views, whether its justified, sticking to the original purpose. Despite the controversies, the Jeff Sessions thing, were cancelling the trip with Secretary Pompeo going to north korea because the president is dissatisfied, despite that, were up a lot today. These Guys Bet Money on events that are happening in real time. They dont see that anything will come of it. Are they right . After this. Oh
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things are intensifying and getting worse between the president and his Attorney General. Now theyre sending nasty tweets to each other. No market reaction. Reports that the president has stopped his Secretary Of State from going to north korea for a fourth time because hes dissatisfied with the progress the north koreans are making on denuclearizing. Any one of those or all of those events would have torpedos stocks or interrupted them. Nothing. What does that tell you . Heather, what do you think . I think this week has politics and money on steroids, neil. The market is up and the s p 25 . Despite the political turmoil, the strong underpinnings of the fundamentals of retail sales are off the charts. The economy is d