I started this place, i run it, im responsible for what happens here. He is ultimately a free trader. Were not trying to pubbish c punish china. They may think it is a negotiation, and it may turn out to be that. The climate of uncertainty thats created is pretty dangerous. Trade wars are stupid. Agriculture is one of the first things that is going to be retaliated against. Trade policy is all about the intensity of the pain that people feel. Less money for church. Less money to send the kids to college. Less money to save and reinvest in our farm. President trump said he would drain the swamp. I dont look is draining the swamp renting an apartment from the wife of a washington lobbyist . I dont think that thats even remotely fair to ask that question. This guy is corrupt. Crrupt. He is unfit for public service. The president thinks hes done a good job, particularly on the deregulation. Again, we take this seriously. Were looking into it and will let you know when we finish. One got a pay raise of 28,000. The other was 56,000. Do you know what the Median Income in this country is . No. 57,000 a year. Okay. One of your friends from oklahoma got a pay raise that is the medium they didnt get a pay raise. Thats the thing. They did. Thanks, fox, for doing that. 100 did get a pay raise, sir. You know what else . It is absolutely appropriate for ed henry to ask you if it is ethical to rent an apartment from the wife of a lobbyist. Yup. Absolutely fair. Ed henry, good on you. I thought it was interesting, listening to larry kudlow say that the president is the ultimate free trader. Again, not its a lie. Thats actually a lie. The president is on record for decades as being an antifree trader. Thats where we start the day. And stunning news from facebook as the Company Reveals data belonging to 87 million users may have been shared with Cambridge Analytica. Close to half of all american facebook users data may have been harvested by the trumpaffiliated firm by the time it was hired by the Trump Campaign in 2016. We should mention, Cambridge Analytica disputes the number, insisting it only accessed the data of 30 million users, making me feel much better. Okay, maybe Cambridge Analytica is right, 30 million. Still a problem. Yup. That revelation is just the tip of the iceberg. On a Conference Call, facebook ceo zuckerberg admitted users data could be collected with a simple search. Everyone has a setting on facebook that controls its right in your privacy settings that controls whether people can look you up by your contact information. Um, most people have that turned on, and thats the default. But a lot of people have ls turnturn also turned it off. If you have someones phone number, you can put it in and get, you know, a link to their profile, which pulls up public information. I certainly think that that it is reasonable to expect that if you had that setting turned on, that at some point in the last several years, um, someone has probably accessed your public information. Heres what i want to happen. I want someone to ask Mark Zuckerberg, does he have that setting on . Does sheryl shorthaandberg have setting on . He paused and said, well, most people have that on. If it is a risk, if people dont understand the information theyre letting out, i think its most likely ethical to let them know. That setting was on by default. It is stuff people are sadly learning about their behavior on facebook. On monday, facebook will inform users if their data may have been shared. Itll appear as a link at the top of your news feed. Look for it. A feature appearing just one day before Ceo Mark Zuckerberg is slated to testify to be the only person testifying in a joint hearing of the Senate Judiciary and commerce committees. Can i ask you, ali, for a moment, i know youll go to the interactive here, but john pa dor john was saying something on morning joe. Of course facebook has done this, he said. We use facebook 10, 15, 20 hours a week, put our pictures and information on, and we dont pay anything for it. Correct. That is the deal. Thats the deal with the devil we all made to get the free internet. Dont we need to own that a little bit . Sure. I want to ask that question. We have to understand. Do we need to own that were using that . On some level, i accepted that theyre going to give me targeted ads about my belly fat, my need for botox and teeth whiteni whitening. I need ads for belly fat. I wasnt sure they were going to use my information to win peoples elections for them. Interesting stuff. Boom, right there. I think youre right. We own some of it. We have to understand our relationship. Belly fat, teeth whitening, you can have me. Cambridge analytica, no. Lets talk about what happens ahead of zuckerbergs testimony on capitol hill. The chief Technology Officer outlined updates but it reads a long list of ways facebook has exposed users data. For the tens of millions of users whose data has been compromised, changes are coming too late. Previously, apps were able to get permission to access guest list and posts of events you created. Facebook now says apps will no longer have that permission. Some will regain access in the future. Facebook promises, quote, strict requirements to gain access to your guest lists and events. Apps were also able to see information about people and conversations in a closed group if the administrator of that group granted access. Now, apps will not only need to get approval from administrators but from facebook itself. The programs will no longer be able to see Group Members personal information. Apps interfacing with facebook had access to more data than necessary. Thats a quote according to facebook. As of today, the company will oversee an approval process by which apps can access information. In the Conference Call you heard a little of, Mark Zuckerberg noted that a search of your email address or phone number could give anyone access to a trove of personal information. Facebook now says that feature is disabled while it makes changes to reduce the risk of data being scraped. Were going to explain that term in a minute. A point of concern among privacy advocates is facebook keeps your call and text history if you use the messenger app. Facebook now says those logs will be deleted at a year. Thats still a lot of information thats being retained. Now, the company is promising more user controls over the apps you use. Starting monday, theres going to be a link your news feed allowing quick control over your app settings. To stephanies point, this is where you come in. You have to take some responsibility for this. Facebook did the wrong thing the whole time, but you have to take some control over this now. Measures are going to certainly help make your data more secure. But it is a bit like installing a Security System after your house has been robbed, assuming youre one of the 87 million or whatever million number of people with information harvested. Youre not going to say, the party is over, leave the front door open forever and keep robbing me. Time to clean it up. Close it and install the alarm system. Joining us now, social media editor kirk wagner. Heres what i dont get, the scope of this keeps expanding. This data breach happened years ago. How is it that facebook only in the last days is now saying, oh, lets up the number to 87 million . Well, we didnt really know about it until three weeks ago when the New York Times and observer came out with stories saying, Cambridge Analytica, the firm that promised they deleted this data three years ago, actually didnt delete it. Facebook was operating for the last three years under the assumption the data had been deleted. Once reports came out it was out there, they had to say, okay, lets figure out what the scope of this might be so we know where were looking and what were looking for. I understand youre saying, we only knew a week ago for the New York Times report. Did they know . Facebook has known for years. Well, facebook, again, had this written statement from Cambridge Analytica saying, we promise we deleted that data. The company was operating under the assumption that the data was deleted. Whether or not obviously, now, it looks silly. They never did their own check to verify Cambridge Analytica was telling the truth. Facebook looks silly there. Thats why they hadnt been looking for it until recently. Lets step back for a minute. Something stephanie said earlier is something we do have the remember. Thats what responsibility do we all have . Maybe we didnt all understand that in using facebook for free, which is a remarkably powerful tool, possibly one of the most powerful tools thats come about in our lives free, nothing, zero. Right. We may have to understand that. Despite all of this, people are probably a little hazy on what the term scraping is. What does it mean to have your data scraped . How is it done . How important is this . Whatever it is, i dont want it. Its not a pleasant term, right . Basically, if you are an outsider and you scrape data, it means youre using some Computer Software to collect vast quantities of data very quickly across, you know, many different profiles. Instead of simply coming in and manual ago entering, you know, ali, your phone number, pulling up your page and collecting that data, youre using a Software Program to do it across, you know, thousands, if not millions of profiles. Its really the same as going in and collecting it in a way that anybody could collect it, but it is doing it at scale. Lets talk about Mark Zuckerbergs future. Hes saying this delete Facebook Movement is not taking a lot of users away. We said that here. I dont see my feed getting lighter. Dont see it. Is Mark Zuckerbergs position within the company in jeopardy . I think peter thiel is remaining on the board. Peter thiel is still on the board, correct. I dont think theres kwconcern with Mark Zuckerberg losing his board. One, the board has been together a long time. They believe Mark Zuckerberg is the right person to lead the company. Also, Mark Zuckerberg is the controlling member of the board. I believe he still controls some 60 of the board vote. There is nothing that happens at facebook without his final approval and permission. Mark is not going anywhere. This is the first time though that i have seen people even ask that question, are you the best person to run facebook . Weve assumed for the last 14 or 15 years that the answer was an obvious yes. Now, if for the first time, people are questioning that. Hes not going anywhere. Let me ask you this, kirk, when he goes before the senate on tuesday, what is it that people want to know . Sometimes, these congressional hearings are interesting, and sometimes theyre grandstanding for people who want to nus thuse in election ads. What should we ask that we dont know . He will be sworn, so he can deny but not lie. The biggest question we still have is what impact did facebook actually have on the 2016 election . What impact could facebook have on the 2018 midterms or other elections around the world . Weve seen the data. Weve seen how many people may have been exposed through this Cambridge Analytica situation, how many ads were purchased. We really dont know what that ultimately led to. I dont know if facebook has that answer. Im sure theyve tried to find the answer to that question. We havent heard it yet. I would love to hear someone ask Mark Zuckerberg, what was your impact on this whole situation . Kirk, good to cere ysee you. Senior social media editor. This is a time of reckoning for everybody, facebook and digital media. They have to figure out their responsibility with respect to privacy and fake news, and so do the rest of us. We have to learn, and it might be hard, how to deal with our privacy, and we have to learn not to spread crap on the internet. This didnt happy itself. The garbage on facebook and twitter got spread by people. We have some responsibility. How often, when you look at your facebook feed, people you know have articles posted with these wild headlines, and then you look and they are from cockamamy, who knows sources. You wonder, this is a smart person, a person i grew up with, so what are they doing spreading this . Yeah. The white house is trying to calm fears, you know about what, a trade war, as china retaliates with tariffs of its own. Reality is sinking in for americans who would be hit hard in trump country. Well take a look at whether this is a negotiation tactic, what is what larry kudlow is telling us. The market is believing larry. Youre watching velshi ruhle. From the very beginning. It was always our singular focus, a distinct determination. To do whatever it takes, use every possible resource. To fight cancer. And never lose sight of the patients were fighting for. Our Cancer Treatment specialists share the same vision. Experts from all over the world, working closely together to deliver truly personalized cancer care. Specialists focused on treating cancer. Using advanced technologies. And more precise treatments than before. Working as hard as we can doing all that we can for everyone who walks through our doors. This is Cancer Treatment centers of america. And these are the specialists were proud to call our own. Treating cancer isnt one thing we do. Its the only thing we do. Expert medicine works here. Learn more at cancercenter. Com Cancer Treatment centers of america. Appointments available now. That goes beyond assumingl pet ingredients are safe. To knowing they are. Going beyond expectations. Because our pets deserve it. Beyond. Natural pet food. You know whats not awesome . Gigspeed internet. When only certain people can get it. Lets fix that. Lets give this guy gig really . And these kids, and these guys, him, ah. Oh hello. That lady, these houses yes, yes and yes. And dont forget about them. Uh huh, sure. Still yes xfinity delivers gig speed to more homes than anyone. Now you can get it, too. Welcome to the party. Welcome back to velshi ruhle. Were keeping an eye on wall street this morning and your money, money, money. Stocks up almost 300 today. A day ahead of what is expected to be a positive jobs report. By the way, facebook shares are up because of the comments that zuckerberg made, that says there has been no meaningful impact on users in the wake of all the stuff facebook is facing. Remember, the markets have been jittery for a few weeks. Some has been because of facebook. Some has been because of what the president has been saying about amazon. Some is trade war stuff. All week, these expectations have been competing with a concern of the trade war with china, announcing new tariffs yesterday or more than 100 u. S. Products. If anyone is concerned, it should be voters who helped put trump in the white house in the first place. Trump won eight of the top ten soybean producing states in the country. Joining us is managing director at the asia society. Larry kudlow actually was defending the idea of the tariffs earlier today. Mmhmm. Our intention is not to punish anybody. Our intention is to open markets and investments and lower barriers. Thats the deal. What larry is trying to say, because hes someone in the past who has been against tariffs, hes not protariffs, but hes saying, this is just the beginning of a negotiation. Is that what it means like to you . Well, it certainly doesnt. I think this is a high stakes exercise. The administration has been very clear that it views the practices that china is undertaking with respect to intellectual property and technology to be unacceptable, and criticized negotiations taken in the past to address these measures. I think negotiations, they should happen, but theyre going to be very difficult. Y i think the administration has set expectations very high for these negotiations and what would need to be achieved to be successful. The wall street journal has warned of the possible ramifications of these sanctions. It says, president donald trump, who initiated the tension over chinese trade practices, has put himself in a position to face mounting pressure from lawmakers and intense campaign for corporate lobbyists and outcry from businesses big and small, all feeding tremendous volatility in stock and commodities markets. Whats the risk here for the president . I think, you know, there is a great risic. Risk. The minute we announced our tariff list, every lobbyist and company in the country was looking through line by line to see how theyd be affected. Theres been business groups, farmers and Congress People who have been very vocal about the ramifications. On top of it, once china announced its tit for tat retaliation, hitting u. S. Farmers directly, hitting u. S. Automakers, that kind of ups the stakes and, i think, really will lead and feed into a vocal opposition about tariffs. I dont think anyone disagrees with the administration, that we need to address these unfair trade practices in china. Without a doubt. Good to talk to you. Wendy, thank you. A former trade representative, currently the managing director of the asia society. We have to remember, even the aluminum tariffs, remember when they were first announced and we thought they were going to be broad based . You had people within the administration, sort of the gary cohn side of the house, whittle it down and narrow it so it wasnt going to affect our allies. The question is, will larry kudlow, who has the similar views, be able to influence the president . Not if he lies. Not if he lies. He lied to reporters by saying the president is, at heart, a free trader. Thats a lie. We know that. Theres evidence. Larry does this a lot on tv. Its a lie. We know the president doesnt want the market to go down. The president s first outing after he won, when he snuck out of trump tower and went to the 21 club, loved seeing the rich people and said, im going to lower your taxes. We doesnt want to go to ma