And blank the police. Something went very, very wrong. He is here. Then ric grenell not wanted at Carnegie University . What happened . Are they slighting him simply because he works for the president of the United States . Or is that this president that has got their goat . We will be talking to him. And then masks, all the rave right now. Better than two Dozen Companies are telling you, no matter what the rules of the states, but the mask on. And the push by states to do the same computer then there is Facebooks Mark Zuckerberg who will be interviewing dr. Fauci also says it is a good idea. And what he has to say about his relationship at the white house. All of that coming up as well. Welcome everybody, i am neil cavuto and this is your world. What a busy world it is. Justin fisher at the white house at an event that is supposed to be all about focusing on the economy and what many argue was the first act by this president to get it going. The white house is billing this as a celebration on the south lawn of the president s deregulation agenda. Let me paint a picture for you. Theres about 200 people here sitting in front of what i believe is a crane. Unless out of the crane, and says the Trump Administration. At the cranes lifting up some weights from the bed of this red truck. Underneath the red truck, it reads four years of regulatory freedom appeared on the other side, you have a blue truck with all the weights on top. Underneath that it is says, 40 years of Regulatory Burden. The message is President Trump is really promising to expedite Infrastructure Projects by cutting red tape and rolling back regulations. It is something that really started pushing yesterday down in georgia. It culminates today. At the White House Press secretary Kayleigh Mcenany gave us a preview of what we can expect to hear from the president during her briefing earlier today. Secretary mcenany deregulation has been a top priority of this president. The president reversed a disastrous overregulation of the obamabiden administration. Unders between nine, 70 regulatory actions have been taken for every one new regulation. This amounted to 50 billion in regulatory cost savings. Democrats say the cost of these expedited Infrastructure Projects are of a loss of environmental protection. Former Vice President joe biden put forth his own infrastructure plan that places a heavy emphasis on improving Energy Efficiency in buildings and in housing. It is pretty clear the white house believes that they believe this message of the regulation is going to be a winning issue with voters in november which is just four months away. The other big news today is this shake up the very top of the trump campaign. For months until election day, hes going to be taking over for brad who is going to be stepping down and returning to what he was doing in 2016, which is overseen the campaigns digital operations and data collection. It is something that has been talk about for quite some time, but still caught many staffers late last night by surprised when the president first announced that. Anytime you replace a Campaign Manager this close to election day, never a great sign. You have to think about where President Trump was at this point in 2016. He was on his second of three Campaign Managers. It is never a great time when you have a shake out this high up at the top of the campaign, but it is also something that President Trump has done and overcome four years ago. Neil yeah, that is true. It worked for him then. I guess it will work for him n now. She will be updating on what the president is planning here. More regulatory cuts we told our company. A big one from nbc news that says the president continues to trail joe biden. This one that caught our attention, because it takes some of the biggest argument, the president s argument that has been borne out in poll after poll until this one on the economy. The president now trails joe biden on five points on who would be better at handling the economy. Some look at this as an outlier. Others say that it just doesnt make sense. It explain this regulation cutting push the president will be promoting today on the south lawn of the white house. To consciousness and how wall street has reacted to this. A lot of financial fans are waiting this. A poll like this particularly when it takes an advantage away from the president on the economy, it might be an outlier, but it is the first time weve seen that. Even though he trails and other areas, it has never been on the economy. What are we to make of this . You can attribute some of those shakeup in a campaign to polls like that. There are internal polls are showing similar stuff, not that hes losing to joe biden on the economy but he starting to catch up on the economy. The problem that the Trump Administration has an campaign has is that they have not been able to define joe biden as he is. Hes been able to basically spend this to trillion dollar spinning jamboree on green energy jobs, which you know, sounds like, you know, pie in the sky. It often is. We only go back to the Obama Administration to remember solyndra. This is obamas Green Energy Plan on steroids. It usually doesnt amount to much. But still, the Trump Administration has not been able to define joe biden as some sort of leftwinger. Based on this policy, he is a tax guy that wants to raise your taxes. He just doesnt want to raise corporate taxes. He wants to raise a lot of individual taxes. This is going to be a 180 from what we have here. The Trump Administration we create the coronavirus nor the lockout that were necessary, but before that happened, things were pretty good. The economy was going great. The environment wasnt imploding. All of these are issues that they need to start to underscore and to explain and to frame joe biden. Neil i think you are right. It is interesting that we are going back to the beginning he here. Long before the tax cuts, all the president can do by executive edict. Only executive orders to remove regulations. In that pace picked up. We had months of that before we got the tax cuts. I daresay that much of the approval we did see to say nothing of the market surge and we would eventually see started with a cut and regulations. What you make of that . Peoples eyes often glaze over when you talk about deregulation. It was a huge tax cut to businesses. It allowed businesses to start hiring again. It allowed fracking to take off which hired a lot of people. There is an argument to be made here. The Trump Administration has to make it. It is interesting that perhaps they are using today. Whatever theyve got going there. About deregulation. And i think this is something people should Pay Attention to. We are going to come out of this coronavirus enzyme time. Theres going to be in economy at some point. The last time we had people like joe biden in charge, we had extremely low wage growth. We had extremely low economic improvements, gdp growth. We had a raging stock market. Under trump, it is quite the opposite. We had a raging stock market, but we had wage growth and we had decent economic growth. We also had very low unemployment. He has a record there. He has not been able to articulate it. Maybe this new Campaign Chairman is putting this in motion today. Maybe this is the beginning of Donald Trumps comeback. Theres theres not a lot of time left. Neil we did notice the red and blue trucks. As you know, wall street isnt bad or blue, it is green. About making money. There will probably be a green truck very shortly. Im wondering, how is wall street crunching this possibility . They made a lot of money under this president. They made a lot of money under the last president. I dont think they really focus on their politics as much as how much money they make. Is that in question now . Are they talking about the same tax you are talking about . Are they worried this is all going to go . The president said he liked the other guy and you might as well kiss your 401 k goodbye. Speak out their clients are forcing them to react. What im hearing from people, Senior Executives a at the major brokerage farms, merrill lynch, ubs, morgan stanley, their clients are calling and saying, what the heck is this . Is this guy going to raise the top grade to x . How do i plan for that . There are those colds going on right now. Because joe biden when it comes down to is offering an agenda that is radically different than donald trump. If you are a financial advisor, i could tell you what they are saying. Dont panic. The Federal Reserve is still very important. They will keep Interest Rates to zero. Dont sell everything off. They are going to have to at some point, you know, get real about what joe biden represents in terms of fiscal policy and taxes. And that is going to be reflected into individual investors portfolio at some point. It is probably too early to do that now. I start taking profits at the table now when we have a little bit left of this bull market to go . I think there will be some volatility as we get past Navy Memorial day and we Start Talking about the reality of a joe biden presidency if he is still out by double digits as we have seen in these recent polls. Lots to go here. Its not even a debate. Donald trump hasnt been able to define joe biden and his fiscal policies just yet. A joe biden has been largely silent. Hes late coming out. Hes going to have to defend some of this stuff. He will have to defend by 2 trillion and his Green Energy Infrastructure spending is really worth the massive tax increases on individuals that will have to come. He will have to explain why from an economic standpoint, alexandria conseil cortez should be running around the white house and why should be listening to elizabeth warren. These are all issues that need to be explained. The Trump Administration does have its work to cut out for them. They need to frame these issues better. Neil that is what this whole affair on the south lawn at the white house is about. Thank you very, very much. These polls are all over the map. This in bc when they got a lot of attention where you have more a doubledigit advantage for joe biden over the president. There is a rescue someone that honestly looks at more Republican Voters uncannily accurate four years ago. Just a flip of the coin. There have been others that look at the overall sampling and much more of a horse race certainly in battleground states that we have presently seen. We do want to step back from that and remind you as we always do that polls are like snapshots. One snap is shot and onto the next image. We are following this waiting to hear from the president and also following a lot of elements we saw in new york over the last few days, particularly those that were part of the black lives matter trying to break into appreciate the police debuted in so doing, actually getting into physical fights with some top Law Enforcement officials in new york including the guy who is the chief of the department. He is here. A little battered, a little bruised, but here. Oh, oh, oh, ozempic® announcer onceweekly ozempic® is helping many people with type 2 diabetes like emily lower their blood sugar. A majority of adults who took ozempic® reached an a1c under 7 and maintained it. Heres your a1c. Oh my a1c is under 7 announcer and you may lose weight. Adults who took ozempic® lost on average up to 12 pounds. I lost almost 12 pounds oh announcer for those also with known heart disease, ozempic® lowers the risk of major cardiovascular events such as heart attack, stroke, or death. It lowers the risk. Oh and i only have to take it once a week. Oh oh, oh, oh, ozempic® announcer ozempic® is not for people with type 1 diabetes or diabetic ketoacidosis. Do not share needles or pens. Dont reuse needles. Neil all right, a Beautiful Day in the south lawn at the White House White house at washington, d. C. The president making his way from the oval office to the south lawn. A big due today to trump no pun intended that the regulation of the president 3. 5 years in office. Long before the tax cuts cut effects, those regulatory cuts where fast and furious. Thousands of regulations cut on business that really save them money right off the bat. The executive order, those saving resulting in a lot of hirings. A lot of them buying back stock. A lot of them propelling their operations even further. The tax cuts came along after that, it was a positive onetwo punch. The president mentioning this today and saying the regulatory deal that doesnt get a lot of press attention have really laid the groundwork for this in recovery in the boom that followed. Hes going to be featuring that whole point with some there. We did notice a couple of pickup trucks there. Red and blue. The conservatives and liberals alike. That is just me. The green truck problems, then you know it is all about the green and the money, which has been a substantial win at the markets back. A little bumpy ride today. The fact of the matter is that markets have gone up appreciably from the lows we experience in march. The president will make his way to the podium. Before he does, i do want to go to laura who has been following some developments in new york on this attack line on police that did bring up the guy who runs the Police Department and the city. Do we know, did they ever get all of those involved in that attack . You know, just a short while ago, we learned that a woman had taken into custody earlier today could be the cane building suspect that weve seen on that video blasting police over the head on the Brooklyn Bridge yesterday. Nypd telling us that that woman is getting a psychiatric evaluation at a local hospital. The horrifying video shows how bad things really got. It happened yesterday, and we are going to send it back to y you. Neil all right, we will get more on that. Right now, the president of the United States. He has just switched his Campaign Manager and also, now using this as an opportunity to crow about the regulations. President trump we are here today to celebrate and expand our Historic Campaign to rescue American Workers from the job killing. Before i came into office, American Workers were smothered by merciless avalanche of wasteful and expensive and intrusive federal regulation. These oppressive burdensome mandates were a stealth tax on our people, slashing takehome pay, suppressing innovation, surging the costs of goods and shipping millions of american jobs overseas. Millions and millions and millions. It never ended. Nearly four years ago, we ended this regulatory assault on the american worker. And we lost the most dramatic regulatory Relief Campaign in American History by far. No other administration has done anywhere near. [applause] thank you. At the heart of this effort was a revolutionary promise for every one new regulation issue, we pledge that to federal regulations would be permanently removed. We not only meant that ambitious goal which at that time people said was impossible. We have vastly exceeded it. For every one new regulation added, nearly eight federal regulations have been terminated. [applause] it has been an incredible achievement. As you can see behind me, we have removed the gigantic Regulatory Burden americans have been forced to carry for decades, freeing our citizens to reach their highest potential. Our historic regulatory relief has provided the average American Household an extra 3,100 every single year. And we are going up from that number. [applause] we are going up from that number. Think of that. 3,100 per household. Joining us today is Vice President mike pence. Thank you, mike. [applause] commerce secretary wilbur ross. Wilbur, thank you very much. Labor secretary eugene scalia. Thank you. Health and Human Services secretary alex azar. Thank you, alex. Transportation secretary elaine chao. Thank you. We had a great day in georgia yesterday cutting regulations. Like no one has ever seen befo before. Epa administrator, andrew cuyler. Thank you, andrew. Thank you very much. Acting director ross vote. Thank you. And Small Business administrator. I love her name, jovita carranza. Thank you very much. Thank you. Cms administrator seema verma. Thank you, great people. And there was a great people. They do an incredible job. I also want to thank the many state and local tribal leaders who join us in this great cause. Thank you very much and thank you for being here. We appreciate it. Thank you all very much. But we have achieved together is truly without precedent. It never happened before. The Previous Administration added over 16,000 pages of heavyhanded regulations through the federal registry. That is why nothing got done. Under my administration, we have removed nearly 25,000 pages of job destroying regulations, more than any other presid