The Lead With Jake Tapper : CNNW : June 4, 2024 1:00pm-2:00pm PDT : Free Borrow & Streaming : Internet Archive (2024)

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family. it is obviously well overdue. so congratulations to them. the lead with jake tapper starts right now moments ago, president biden rolled out a major new immigration policy. the lead starts right now brand new rules at the us border the president cl dmany pple can see >> but why now? >> border crossings are down, but then again, so was the president's polling and immigration also had another states charging trump allies with crimes related to a 2020 fake electors scheme. >> who's on the list. and what processes peter say they did ahead las fat paychecks were america ceos making almost 200 times more than their average worker billionaire entrepreneur known as mr. wonderful is here to weigh in and welcome to

leave. i'm jake tapper going to start this hour with the breaking news. >> president biden are rolling out sweeping new actions at the us-mexico border. as the president at attempts, to address one of the biggest challenges facing the united states and his reelection campaign. >> biden's new executive actions on immigration allow the government to ban migrants who crossed the border illegally from being able to seek asylum. >> that's a change to a policy that's been in place for decades okay. it's the new rules are expected to go into effect at midnight tonight in the year 2024. during biden's announcement, president biden announced acknowledged rather that more needs to be done to fully address the border crisis we must face the simple truth to protect america as a land at welcomes immigrants, you must first secure the border and secure it. now the simple truth is, there is a worldwide migrant crisis. and if united states done to secure our border, there's no limit to the number of people may try to come here president biden is

using the very same authority that trump used in 2018 to similarly attempt to restrict asylum seekers. trump was eventually blocked by the courts. and today the us aclu said it plans to sue the biden white house over the order which is already facing backlash from both the left and the right the only question anyone should ask is, why didn't you do this in 2021? >> why didn't you do this in 2022? why didn't you do this in 2023? why don't you do this last month or the month before? >> i'm concerned that this is just the enforcement only side of the strategy. i'm disappointed that the the president and has sort of gone into the same frame as donald trump at a very time when we need to make a distinction between donald trump and joe biden. >> cnn's priscilla alvarez is at the white house for cnn's david culver is in san diego, california at the us-mexico border so let's walk us through exactly how these new actions will work and why. now?

>> well, this is a sweeping measure, but in effect will make it much more difficult for migrants to seek asylum at the us-mexico border. what it does is essentially bar migrants to cross the border illegally from seeking asylum when a daily threshold of 2,500 is met, we're already there, so that allows us to go into effect immediately. now, this would allow for authorities to turn migrants back to mexico or to their origin country with some exceptions for unaccompanied children, among others who may have medical conditions or are victims of severe human trafficking. >> but look, this is a page from donald trump's playbook. >> you tried to do this exact same thing in 2018, and he was challenged in the courts. and that's exactly what the vitamin distillation is going to face according to the aclu senior administration officials acknowledged that, but also acknowledged that they need cooperation from mexico, and we're learning that moments ago president biden spoke with mexican president andres manuel lopez obrador about this latest action now, jake, to your

question about why now the president said that he had to take action and he told his critics to be patient goes to say the steps i've taken are too strict. >> i say to you that be patient and goodwill american people are going to work wearing fan right now now, jake, this is a significant policy shift from 2021 when the president was talking about restoring the asylum system and passing immigration reform. >> clearly and attempted to try to blunt attacks from republicans who have slammed his handling of the us, mexico a border. jake, david culver at the border encounters at the border and san diego were up nearly 50% last month from the year before what's the reality on the us mexico border right now? while we wanted to get a sense of that firsthand, jake and we mobilize late last night, about 50 miles east of where we are to an area that's a bit more rural it's part of san diego county is still and it's that hotspot, as you mentioned, especially compared with the rest of the us

southern border and at first it seemed eerily quiet and then we started to see folks we can show you some the images crossing in the early morning hours as the sun was coming up, it was getting increasingly hot in that desert climate. and then they were all coming together to go to board patrol, who then process them and put them into vans and take them on into detention centers. >> but what was really interesting and talking to some of these migrants is, you get a sense i can solve this back last year when title 42 ended, the bayesian, their movements around us policy for many of them us policy is just two and predictable. >> i don't know so what's going to happen with president? it's congress, with the courts. and so they're planning day by day on their own terms. and that's really important to keep in mind because he thought perhaps there'd be a serge today they got word the executive board is coming down and they move along. not necessarily the case. it could come later on, but even folks, let me show you where we are here you didn't got folks who are still coming in. now this is one of the few portions of the border wall when you've got

two barriers, essentially, the us territory is in-between between these two walls. and so these folks right here are already in the us about 25 of them came in from india. i spoke when i was in that other more rural section. so in with one migrant from ecuador and here's what he had to say about his journey misunderstandings thank quite you. >> economy on the columbia law. okay. okay. he says he's going to walk up here and azekah, lord, no, people use it it now, it's hot, but he says he's got to hurry along because he's going to then continue on to an immigration official, start the process for asylum i thought it was really important that you hear from brian air from ecuador because jake, as you know, earlier this year we were in ecuador covering the instability. and when you think about the root causes of migration, his story speaks to

that. he said things are too insecure right now in his country he packed up and as you saw cross into the us today. >> all right. david, call her at the border or so alvarez at the white house. thanks to both of you, looks discuss with my panels, so kate, when then president trump tried to restrict asylum at the southern border joe biden not yet, president tweeted this is 2019, quote trump is fighting tooth and nail to deny those fleeing dangerous situations, their right to seek asylum in our nation, we should uphold our moral responsibility and enforce our immigration laws with dignity, not turn away those fleeing violence, war, and poverty, unquote i assume you knew i was going to ask you about this tweet. >> what changed other than the election year? facts of i think a few things. >> first of all, i think it's important to note there are differences between what president biden has put forward today. and for example, family separation, which is a key piece of donald talking about families i'm talking about did not restricting hi, lauren difference. but look, also,

we've had for years of rising numbers at the board or the president has been very, very clear that his preference was to do this in a bipartisan way through congress. we know that when the trump administration tried to do this with an executive order, they were challenged in the courts the biden white houses of every expectation that will happen to them too. this was not the way the president wanted to do this, but republicans walked away from the table, were unwilling to work on a bill that was one of the most comprehensive and most significant bipartisan efforts on this like six months ago. >> and so they and they have exhausted so the biden white house is exhausted every other every other option and is now doing this. they want to make sure that they are taking every step available to them, but they've been clear this is not the way that they would prefer to go the president is also 27 points down from donald i'm trump, on the issue of immigration, which is now one of the top issues for the american public. so they had to do something and they didn't get what they wanted in february, we can acknowledge that. but this is kind of a

hail mary wright. they because they they have to do something they have to throw hail mary at this point because of the politics of it. >> all. the three-and-a-half years ago, they could have started this, but wouldn't wouldn't you say had they done this 3.5 years ago? don't we think republicans would have used that as an excuse to not come to the table and have a broken can cyst at the best way to address the broken system is through congress, which will be a lot more. >> i don't know that i agree with them illegal. as one thing. one thing that you have to give credit to the trump administration doing is they're tough rhetoric actually brought down the numbers of people traveling to the border and the piece that we just saw these are individuals making decision on us policy that they're getting through their news sources and whatever country in the world ecuador, india, i mean, this, this is now an open gate for the world to come to him. and now it's come down since december for example, because the president has spoken with mexico and they've tried to make some arrangements about busing migrants back, et

cetera, et cetera. >> so the numbers are there are high, but they're not where they were in december. i mean, i would argue they'd be a lot lower if congress had passed its bill and put more money into what needs to be funded for let's let's talk about that for one second because one of the border states senator's senator mark kelly, democrat from arizona. this is what he had to say after president biden's announcement today. the political issue happened months ago when after months of negotiation you know, many of us work can together on a plan that had the support of the majority of the united states senate. this is when it became political is one former president decided that he wanted this as a campaign issue and even said that made it very clear he needed this as a campaign issue. that's when this was politicized. >> so let me grant every point you made about being able but

for the sake of argument sake of argument about biden could have done this in 2021 or whatever but does senator kelly not also have a point senator kelly as a point only because the biden administration, again, i'm just making coming back to this point had had a number of years to work with congress on this very broken system i don't know who's right here. >> i'm just going to basically say that i know the rhetoric we wrong, but we both could be wrong. and this is one of those tough issues. it's now number two issue. we are going to have to confront it. i think in my numbers might be slightly off here, but yesterday, 3,700 individuals came across the border that they know of this is, this has been just an okay. this on a sieve. this has just been an opening gushing gay joe biden sent a bill to congress on his first day in office, his first day and six months ago, seven months ago, we were closer than we've been in a generation to genuine

bipartisan legislation on this, which many, many very far-right members there welcome caucus said was a serious, insignificant bills. and donald trump said, no, i need this as a campaign issue and can't, you can't dispute those facts i thought we all saw at play he republicans were working on it. >> senator line for it. i mean, he was, he was thrown under the bus. and how long have we covered immigration my line more than a decade right? i mean, at least and they finally got close to the finish line. and then donald trump pulled the plug. >> there wasn't it was actually just a border bill. it wasn't even an immigration reform bill. that bill, right? border bill so that's just indisputable. >> and i think for biden now, as he makes this argument moving into the last five months of this campaign, he's not only going to argue about the steps he's taken, including the executive order today, but he also has what i think is now a very potent argument to say, republicans did not want to get this done. they were all taught, they walk. and i'm about solutions.

>> a solution. it just briefly, solution is the solution that we had before biden became president get the courts, the courts he's going to have the same issue. >> all right he doesn't disagree with well, i will you guys in the next hour or coming up, us attorney general, merrick garland confronted on capitol hill by some of his sharpest critics. >> hear his defense plus the biden ministration firms, more senior officials, including the cia director are heading back to the middle east to push more for a ceasefire deal. >> the growing pressure that this puts on israeli prime minister benjamin netanyahu to accept that deal coming up russia, we're trying to spy on us. >> we were spying on them. >> this is a secret war. secrets spies sunday at ten on cnn. >> the diary. this did i get hicks where are my keys? memory and thinking issues keep piling up it may be due to a buildup

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department are unprecedented and they are unfounded. >> we will continue to work, do our jobs free from political influence and. we will not back down from defending democracy as cnn's manu raju reports, garland's hearing comes as house republicans, leah, their new plan to go after the us justice department for unfair practices. >> they say do you swear or affirm under penalty of per attorney general merrick garland give is facing off. it is loudest critics, on capitol hill. >> i will not be intimidated. and the justice department will not be intimidated, and calling out gop attacks that his department is behind the new york hush money case that may donald trump, the first ever ex-president to become a convicted felon? >> that conspiracy theory is an attack on the judicial process itself. >> republicans firing back the question is what unit kate with them not whether you control them. do you communicate with them and we provide this committee make a request. >> we will refer it to our

office of legislative affairs to thing they come in here and you lodge this attack that it's a conspiracy theory that there is coordinated lawfare against trump. >> and then when we say fine, just give us the documents, give us the correspondence. and then if it's a conspiracy theory that will be evidenced, democrats said republicans were playing for an audience of one. >> there were about to nominate a convicted felon and they don't know how to cope with that. >> the gop taking aim at garland for appointing special counsel, jack smith, who is leading the prosecution against trump in two federal indictments. >> did he ask for the job this is not a job. >> i don't think anybody asks for. it's not that sorry. no, but that's not the question i asked you. i said did jack smith asked not asked me for the job. now? >> garland today refusing to comply with the house subpoena for audio of special counsel robert hur's interview was president joe biden over his handling of classified documents in that 388 page report, heard declined to prosecute biden citing in part,

how a jury would view him as a sympathetic well, oh, meaning elderly man with a poor memory, releasing the audio would show cooperation with the department in future investigations. >> republicans accusing garland of protecting biden as they threatened he, attorney general with contempt of congress, is it because doj has determined the president is not mentally fit to defend himself and stand trial for his ghraieb, former president trump is i say again, that's an inaccurate description of mr. hur's report undercutting the gop's criticism is the fact that two sitting democratic congressman and the president's own son, hunter, are facing three separate criminal indictments. >> so you've prosecuted democrats and as we speak, a hunter biden, who is a son of the president, is under trial in delaware. you haven't weaponized the justice department in terms of hiding and protecting democrats. menendez cuellar and hunter biden the justice department

follows the facts and the law and jake, this all comes as republicans are grappling with the fact that they are presumptive nominee is now a convicted felon. >> i talked a number of republican what gives including in swing districts and many of them actually are aligning themselves with donald trump's contention that this is an unfair verdict. i did ask the senate republican leader mitch mcconnell today, if you he's 100% behind trump. now that he's a convicted felon, he said jake, that the prospect of the case should never have been broad, but he did not say if he still supports i'm jake manu. >> today, house speaker mike johnson unveiled the plan of house republicans to go after the justice department for alleged abuses. tell us more about that. >> yeah, this plan is still coming together. in fact, jim jim jordan, the house judiciary committee, chairman, has been pushing speaker johnson and tried to go take aim at funding for the department mean, of justice going after some of the prosecution's at the state and local level, johnson indicated

that he would make them move forward with three-pronged approach, looking at oversight, looking at the issue of funding i'm looking at the issue of legislation, but also indicating that there'll be taken more deliberate approach. so a lot of details here are lacking. he is facing a lot of pressure from his hard right? when it comes time to fund the government in the fall and whether to pull back any funding from the department of justice. some of those members telling me today that johnson should absolutely fight to potentially move to a government shutdown i'm fight and try to define the department of justice even as the white house would not accept that democrats in the senate wouldn't accept it. and it probably can't even pass in the narrowly divided house, but that is the pressure that johnson has faced saying showing that what is in store in the fall as they head into this funding fight, just weeks before the election, jake, it's all right. >> manu raju on capitol hill for us. thanks so much coming up, cash cocaine, and of course that infamous laptop it testimony today and the hunter biden's federal gun case, that's next we must break the

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so how can we undo the damage? we could all unsubscribe and switch to xfinity. their connection is unreal. and we could all un-experience this whole session. okay, that's uncalled for. powering progress i'm arlette saenz at the white house, and this is cnn her law and justice lead today, hunter biden's drug addiction and photographs of what appear to be cocaine found on his laptop are at the center of the prosecution's case today, and biden's federal gun trial. president biden, son faces three criminal charges for allegedly lying on a gun form application claiming he was not using drugs at the time. the third charge, always for having the gun while allegedly using or being addicted to drugs. cnn's paula reid is outside the courthouse and wilmington, delaware. paula what did jurors here from the prosecutor's first witness today. and was any of it damaging to hunter biden's defense well today the jurors have spent most of the day i

hearing prosecutors introduce electronic evidence to support their case including evidence from the infamous hunter biden laptop. >> now they're introducing this electronic evidence to support their allegation that hunter biden was in the throes of addiction when he purchased a firearm and checked on a form when he made that purchase, that he was not addicted to or using illegal drugs. now, among the evidence they introduced was that for which relates to two of the three charges he is facing. they also introduce dove photos of drugs that he was using specifically cocaine. a photo where he is shirtless and has a crack pipe, text messages between him and drug dealers, and also bank records that show that at the time he purchased this firearm, he was withdrawing hundreds, even thousands of dollars a day. now, i was in court earlier for quite a long time and it was fascinating to watch hunter biden as prosecutors introduce large sections of his memoir, the audio book that he in fact narrated, specifically the portions where he talked about

how he descended into drug addiction are the lengths he went to to obtain crack and the impact that had on his life. now, while he was watching attentively, there was also someone else watching attentively. jake that was the first lady, dr. jill biden, who is it? court again today to support her stepson. >> how did the jury respond to everything tell us about the mood in the courtroom? >> yes, certainly a somber mood inside the courthouse today, the jury was incredibly attentive. many of them taking lots of notes as they heard the evidence. but the issue of addiction, jake, something that we know is an epidemic in the united states, looms in this case, the majority of potential jurors said either day or a loved one has had issues with addictions, something almost everyone understands at a one-point during the defense's opening statement, one juror she took out a tissue and dabbed her eyes, is clear that the story was getting to her. another way prosecutors are handling it's very delicate issue. they remind the jury that of course addiction is not a choice, but they say buying an illegal

firearm is just to remind everyone, didn't hunter biden? but plea deal on the table at one point that would have avoided him going to trial, going to prison, but his legal team walked away from it yeah he had a plea deal until he didn't jake a roughly a year ago, this plea deal fell apart, or the judge overseeing this case had some concerns about it, and then underbar biden's defense lawyers also had some concerns that the plea deal would not fully resolve all of his legal exposure. >> the whole thing fell apart. subsequently, the trump appointed us attorney david weiss, who but overseeing this case, who was appointed special counsel, and he has since brought to criminal cases against hunter biden. and this is the first case. the other one i will occur in september in las and angeles, and that is a case focus on tax-related charges. >> alright. paula reid and what wilmington, delaware. thanks so much. >> there is a proposed ceasefire deal on the table to get more hostages released by hamas. >> so what is stopping prime

minister netanyahu from publicly acknowledging it? president biden has a theory about the prime minister's true intentions. what the biden say in an interview about it, that's next the lead, we jake tapper, he's brought to you by dell technologies. we push what technology can do so great ideas can happen right now. welcome to now trains planes. it sense. >> what isn't on the schedule? >> train sees the power of dell ai and into to see hundreds of miles of track clearing way so you arrive exactly where you belong. well done viv you got the presence, the balloons, and the raptor cake now how about

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you're plus trisect trump silver. >> now clinically proven to support memory of older don't work play link relief work play blake really, the only three and one extended release formula for dry eyes the most anticipated moment of this election and the stakes couldn't be higher. the president and the former president, one stage moderated by jake tapper and dana bash the cnn presidential debate thursday, june 27th, nine live on cnn and streaming on max in our worldly president biden says there's quote, every reason unquote for people to believe that israeli prime minister benjamin netanyahu is prolonging the war against hamas in gaza. >> for his own political survival those remarks published today in an interview with time magazine conducted just three days before biden's speech on friday, laying out details of israel's proposed

hostage and ceasefire deal of speech that seemed to back prime minister netanyahu into something of a corner forced to choose between a deal or the survival of the netanyahu government and its current form joining us now to discuss former israeli prime minister naftali bennett. thanks so much for joining us foreign prime minister bennett. the war cabinet. and netanyahu himself approved this proposal before biden laid it out, according to cnn analyst and axios reporter barak ravid do you think ultimately netanyahu will listen to ben gvir and bezalel smotrich on the right side, the right flank of his government, over his war cabinet, that wants the steel i don't know. >> i have to say, i don't think there's a real deal on the table. bull in the sense that it is sinwar, the leader of hamas. they're holding 120 hostages of which 41 we know are dead or have been murdered by hamas and i believe that

he's playing a tactic cat and mouse tactic here. >> he won't really release a lot of the hostages. >> he'll trying to prolong this war because that's his strategy to exhaust israel it's also iran strategy. and i think the only way for us to really get a deal, a real deal on the table is to increase the pressure on sinwar, but a pressing up and pushing up their effort in rafah you think there needs to be more done in rafah? >> i thought that the idf had concluded major operations in rafah were concluded no, they're not even just a few minutes ago, i spoke to soldiers from rafah we need to act much quicker. >> this whole war is going on. wait too long. it could have been, done rafah free four months ago. i think i think a combination of poor execution of the israeli government and the administration's constant

american administration's constant slowing down. israel coupled together, made for a very slow and prolonged war. this is not good. we should get it done with this sooner. >> do you believe that netanyahu is prolonging this war to stay in power as president biden seems to suggest this is possible i truly hope that that's not the case that he's not injecting political personal considerations. i would hope that that's not the case factually. >> it is being conducted. >> the war is being conducted way, way too slowly. >> so you hope it's not the case, but do you suspect it is again, i am not in the brain of mr. nathan. >> you and all i can look at the actions i can see that wars are won with decisive continuity you can turn on and off the switch i was a fighter

for many years. that's not how you went to war. if, if you punch your opponent, then he's wobbling. you have to zero in and punch him again. you don't give them a month off to recuperate and come back strong again. and that's exactly what's happening. it needs to stop. we need to increase the pressure on your knees. sinwar so we can release the hostages and win the war in the time magazine interview, president biden refuse to answer when the interviewer asked him what he would do. now that quote netanyahu appears to have crossed your red line as the interviewer put it. but today the us agreed to give israel another batch of us made stealth f35 fighter jets does israel is still believe biden's threats to withhold us supportive red lines are crossed or does the government, israel does netanyahu not think that biden's threats along those lines wherever serious. >> we deeply respect to president biden and his administration and the friendship of the united states of america barca, we don't take it for granted at all regarding

rough that was debate and we were told that there's no way to move 1 million civilians away from harm's way yet we did it and it didn't take three months as was suggested, it took about a week-and-a-half so i think we have the abilities to do what we need to do. i want to point out, jake, that we have still the border between egypt and gaza, which means that from about seven days ago, hamas cannot refill. it's aml, which means time is running out for them. and if we just follow through rapidly decisively, i think we can conclude this faster than expected. >> the country's have spain, norway, and ireland have all recognized a state of palestine in recent weeks, slovenia might be next the country of columbia broke diplomatic ties with israel. brazil recalled its ambassador is the war in gaza aza doing long-term strategic

damage to the state of israel. >> first of all, we are paying international price for this, but we have really no choice. we're fighting for our lives. and any other country would do it. so there's a double standard being applied on israel. were trying to conduct the most just war in history, trying to do it as cautiously as possible. and everyone in the world is a double guessing and telling us how to do it and how they would do it better. but they're not in our shoes and we have to defend our citizens first regarding the recognition of a palestinian state if you say a tree is a duck, it doesn't turn the tree into a duck. a state has three main conditions defined territory which the palestinians don't have government that effectively controls the people, which does not exist and sovereignty which does not exist. so this is more symbolic gesture. there's no palestinian state, but more importantly, i want to say the israeli public, who supported a two-state solution until a few

years ago, now has moved to oppose it. not because we're 10 million imbeciles. we don't understand anything. the whole world knows what's right for israel, just we don't, there's a reason because twice we gave him a palestinian state once in the west bank and once in gaza and twice that very palestinian state blew up on us and killed thousands of israelis. so something is wrong. this palestinian state approach has not worked we're looking at reality as it is, not as the world wants it to be and just four days, netanyahu's rival in the war camp, in the war cabinet, benny gantz says he's going to leave the war cabinet. >> he's going to pull his party from the government if the cabinet cannot agree on a comprehensive plan for the war against hamas and a plan for the day after what will the ramifications be politically if benny gantz leaves the war cabinet well, it's meaningful because benny gantz provides the other side of this unity

government. >> so it's left and right government bipartisan. the moment he pulls out it'll be one-sided. the government, which has less legitimacy domestically and internationally. so certainly it's not going to provide israel more, more freedom of action. >> all right, former israeli prime minister enough tylee bennett. thank you so much for your time. >> thank you, jake. >> this node and just a few minutes, i'm going to speak with the journalists from time magazine who had that interview with president biden. but first, i'm breaking news coming in on donald trump's hush money case after last week's verdict, we're back with trump's new request, but that's next the assignments are going off. >> the tornado here you cannot out swim this you cannot outrun it really is a terrifying experience. it is a stone of nightmares get hear it and feel it is in my throat or brain.

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money lead now ceos are making nearly 200 times more money than their median worker and analysis by the equal or, and the associated press shows that ceos are benefiting from the stock market and from inflation as there your employees are struggling to keep up with cost of living expenses last year and the median ceo of s&p 500 companies made just more than $16 million. >> it's up 13% from the year before employees made nearly $83,000. that's up about 5%. so while workers are getting paid more compared to previous years, it's at a very slow pace, comparatively. kevin o'leary, a shark tank, judge, often called mr. wonderful, joins us now, kevin, thanks so much for joining so workers, paychecks are basically swallowed up by high costs for rent and groceries, other bills, inflation is ramping but obviously even if it's down a little, are there any ways that employees themselves can lay the level, the playing field or do you think inflation is too big of a giant to compete against now actually, as you

just detail, the s&p 500, the largest economy on earth is made up of 11 sectors. >> we are the most successful economy in the world and have been for over 200 years but one thing missing from the data you talked about is actually 62% of jobs in america are not created by the s&p 500 where the ceos are being detailed in their salaries versus the average of the workers 62% come from small business in america between five and 500 employees. most of them family for second-generati on businesses, they pay themselves a lot more. they're doing very, very well. we should be very proud of them. however, we don't spend a lot of money or time in government worrying about them because the it acts like the chips and science act, inflation reduction act. there's a dime in there for small business. so focusing just on s&p 500 and trying to say that's how america works, and that's the disparity on salary that just doesn't work anymore. we're too big, small businesses, too big. it's way too big. it is

america, it is the backbone of the economy and by the way, a public markets determine what people are paid. and so far we've been very very successful. so i don't think i want to mess with any of it. >> you previously said you don't think the fed will lower inflation rates anytime soon, or interest rates anytime soon rather, how can the average worker get used to living with inflation? >> well this just about policy and, you know, at the end of the de you're button election coming up, you may want to start thinking about this because inflation is the one thing that people really feel when they go to the ballot box because it affects housing food, notably protein and gasoline prices, energy. so if you don't like what you have right now, you may want to actually stop focusing on p*rn and start thinking about policy which we haven't done yet. and this election cycle. and i'd like to hear the ideas of both candidates are what they're going to do about this because you're right this affects the outcome of what the economy looks like. in the next four years. i don't want to be biased or by partisan, but

there's a big difference in what's being talked about in taxes, for example, or government programs or energy or technology transfer to foreign countries it's worth focusing on those now, because if you don't like what you have right now, you may want to hear the new ideas for the existing incumbent or the ones that may be coming in from a new candidate so let me ask you, because former treasury secretary larry summers was poo-pooed by the biden white house when he was warning about inflation. >> if the but the hundreds of millions of dollars were pumped into the economy as biden did summers is now warning that under a second possible trump presidency, trump's economic plans, including extending the tax cuts and increasing tariffs, deporting migrants he says now that that would make inflation even worse than it is. he told the atlantic quote there has never been a presidential platform, so self-evidently inflationary as the one put forward by president trump what do you

make of that? >> well it's very interesting large brush comment. but i like to get into policy because that's what matters let's take one that's been floated in the last few days, which i find very interesting. anwar has been discussed. anwar is one of the largest resources of oil in the world, hasn't been touched just yet, we have massive debt. we've got a lot of government printing money. you just detail that. how do we stop that? well, let's take a lesson from norway or from canada. what they did back in the 70s when they found similar oil, norway-based case offshore they should let's put a royalty on every barrel and use it specifically to reduce the country's debt and then build a giant endowment fund that assures the wealth and the ongoing wellness of people in norway they did that by putting law in place. it's the canadians didn't they squandered their wealth they discovered the same amount of oil almost down to the last hundred thousand barrels. and they let the government just freighter it away over 304050 years. now, if we did the same

thing and anwar and that policy is on the table and we said the only use of that room lt. off those barrels, the only use as written by congress is to pay off national debt. it would take a huge chunk of the national debt away and we would be the largest self-sufficient energy secured nation on earth, supplying all the asian coast from alaska yeah energy. this would be a great policy. >> now, i don't know which president is going to put it in place, but it is a gift. >> the american people that anwar has not been touched yet. it could solve a massive amount of problems i would argue to you whether you're democrat or whether you're a republican or an independent. this is a good idea. let's borrow it from norway and do it their way, not the way the canadians did it and solve a massive amount of our debt problem. i bet you that cells as idea, which candidate wants to do it. i've vote for that if i could. >> ball's in your court, mr. biden, mr. trump, there's an idea for your right. they're free of charge for mr.

wonderful. kevin o'leary. thanks so much for joining us today. interesting stuff take care. buh-bye. >> moving on to our sports league. now, san diego padres infielder to khou peta marcano has been banned from majorly baseball for life. replacing hundreds of bets on games as the first time since pete rose in 1989 that a player has been banned for life from mlb this will. say he bet on pittsburgh pirates games when he was with the pirates last year. >> also in are betting on baseball lead ippei mizuhara, the former interpreter for the dodgers, shohei ohtani pleaded guilty today, the federal charges a bank in tax fraud. >> he has admitted illegally transferring nearly $17 from ohtani's bank account to cover gambling losses and other expenses after today's guilty plea, major league baseball announced it as cleared ohtani of any wrongdoing. >> we have some breaking news for you on capitol hill. >> vote just now to sanction the international criminal court in response to its push

for an arrest warrant for israeli prime minister benjamin netanyahu will get those results in, in a second, also, breaking a brand new request for donald trump in the hush money cover-up case, just days after the verdict, stay with us you it's about to take takeoff. >> there's no one that goes the things i do we of course, limits of what for wrestling can be we wednesday night dynamited eight on tbs imagine a future where plastic is not wasted. >> but instead remade over and over into the things that keep our food fresher our families safer and our planet cleaner to help us get there america's plastic makers are investing billions of dollars to create innovative products and new recycling technologies for sustainable change. because when you push for smarter solutions, week things i'm

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