Transcripts For FBC After The Bell 20240712

Kick it off with gerri willis. What a week and what a day, this is been a rotation out of tech stocks, it is getting slammed all week long, no different today, as weve been talking about today, the dow is up for the week but the s p and nasdaq not so much, both of the index down for the week, the dow, s p were on pace to snap a two week losing streak but the dow managed to fight back a little bit, as we close were seen something just a little bit different, all three major indexes down as we can see right here, as we move on, the big focus on apple today, it was on pace to enter a bear market and it did exactly that, take a look apple shares, apple below 10734 cents, it did indeed do that losing 536 billion in market value, yes with a b since its record closing high on septembea rotation out of what you would call the big tech names, we talk so much on the network, apple, google, netflix, you name it, microsoft, all the stocks are heavy pressures, as investors sold and moved into new sectors, new investments, we will keep an eye on this but for now all about tech, that has been the same this week. Back to you guys. Melissa i dont know that looks like an opportunity in apple to me, but what a wino. President trump speaking on the timeline for covid19 vaccine, blake burman is live at the white house with details. Depending on who you are listening to this week, either folks at the white house or the government top doctors, there were different timelines that were being put forth in the past several days as it relates to a covid19 vaccine, doctor redfield cdc, doctor anthony found to the head of the task force had been saying by the time that everyone across the country ends up getting vaccinated, it could be towards the summer of 2021 even the back half of next year, President Trump in the Briefing Room and said something important, to clarify the timeline saying that a vaccine should be available to everyone who wants to have it by april the 2021, the hope is that they will get an approval of a vaccine and then give it to those with the highest need, the First Responders as well, here was, i believe we have a no my question to the president about the timeline doctor fauci put forward earlier today. I do not have it, several questions to the president , a different topic as well and that has been something that we have been following, tiktok as the Commerce Department gave the president a bit of a runway past the election november 12 as to when he could potentially make a decision on the state of tiktok in the u. S. We do have that soundbite as i asked the president when he expects to make a decision and if that could potentially be after the election. We have some great options and maybe we can keep a lot of people happy but have the security that we need we have to have the total security from china we wont do anything to jeopardize the security. At the same time its an Amazing Company and very popular. If we could do a combination of both i would be very happy to do that, it could go very quickly. It could go very quickly, the president unveiled a 13 billiondollar grant for the island of puerto rico to help rebuild the electrical grid and the schools as well, Hurricane Maria devastated the island three years ago to the day, lots of questions today as to why it took three years to get the island the money it needs. Melissa i cannot believe its been three years, that is amazing, thank you for that. The president is currently seeking two reporters and we will bring you the latest comments as soon as we get them, i know i can see hes making more comments on tiktok, we will bring that as soon as we have it. Connell he is heading out to minnesota and will cross paths on the campaign trail with joe biden, you dont see this often, especially in a Campaign Like this that has been so impacted by the pandemic but the two candidates in the same state, very important one the president once he leaves the white house will head to da vinci the entry minnesota on trade and Foreign Policy. Hillary vaughn is there waiting for him enjoins us with more on his appearance this evening. Both biden and trump, trump will be here in the state and biden is already here he toured a Union Training facility earlier and will give a speech in a few minutes from now at the Union Training facility but this is really a big contrast into the campaigning style of both candidates, you biden holding smallscale events, all socially distant, all masks on and then you President Trump who is holding his signature of Large Campaign rally, you can get a look at whats going on behind me, what is interesting, this town in minnesota is in an area where timber and logging is a big part of it and there is a tractor rally people that throw tractors and support to show that they stand by him in the industry and we are expecting that that will come up tonight and as you mentioned trade and National Security, biden today continues to push a message that anything or any federal investment going to any product needs to be going into things that are made here in america, here in the usa and thats a message that resonates in a state like minnesota that does export a lot and also manufactures a lot here, itll be interesting to see how that plays with voters here and of course law and order is a big message that we are going to hear from the president today because here in minneapolis, minnesota, this is a place where riots ensued following the death of george floyd and that is the issue when we were talking to voters in the minneapolis area that is on their minds that they head to the ballot box, thats an issue that President Trump continues to attack biden on, but biden does have a play in the state condemning violence and condemning looting and condemning any rioting associated with protesting, those are really two of the issues that voters are thinking about as they are now in early voting here in minnesota. Connell is so important in so many of the states in the upper midwest, its an interesting and minnesota to the list of states that will visit swing states before the election largely because the Trump Campaign is saying that they can flip this red, blue red, its a tall water but it remind you last time in wisconsin was a tall water, he was down in the polls anyone that state and largely one of the big reasons hes in the white house right now in wisconsin, similar in many ways. It is important because what were trying to do is anticipate some of the surprises that would come this time last time, so many people were caught off guard by things that happen and when you look in retrospect some of the signs were there so we were picking those up along the way and talking to real people, itll be interesting to watch, here to discuss all of this is charlie hurt, the Washington Times opinion editor and a fox news contributor, let me take you back to the president s press conference that was a short time ago about the vaccine and it keeps striking me that there is almost the mask got you that was a social distancing that has turned into when is the vaccine coming, i am wondering why is it so important the estimates of whose rate, it does not make it come any faster or slower, what matters is when actually gets there but by anticipating it coming sooner or later, it does not help or hurt the president s campaign, why is the media and why are people so focused on that. I think its a blind attempt to do anything then self controversy in the pandemic the effort to come unturned about the pandemic. I think its a very dangerous thing for democrats and those in the media who are trying too so a discord because its Something Like a pandemic is the kind of thing that tends to unite americans because its a clear enemy that people regardless of what your political background you want to see assault but one of the things i find most bizarre is that the notion that somehow President Trump does not listen to the scientist or does not listen to doctors or people that work for them, what we are seeing is absolute evidence that he does listen to these people, he does differ to the fact that the fda needs to make sure that the vaccine is safe and effective, he does acknowledge that there is lots of preparation has to go into that, otherwise he would snap his fingers and say here take this tomorrow and everything is going to be okay, he knows he cannot do that, it would be reckless but also be politically foolish and what were seen as the president does these things but at the end of the day he is still the one guy thats been elected and when he says things, he is not just speaking scientifically, he is also cracking the whip and encouraging those people who work for him, hurry up and get this done, we have to do this and we have to do it fast, to me all of that falls clearly within the confines of what the commanderinchief, the head cheerleader, whatever you want to call him, what he should be doing in a National Emergency like this. Melissa i guess the criticism is, if hes putting pressure on companies or whoever to move faster, theres more likely to be a mistake and that makes people nervous and that would be the criticism, if you look at both of these candidates, its interesting and they end up at the same state at the same time, what is up with that, a lot of the messaging on the ground when you are with people focuses on economics, what do you think about the way theyre battling back and forth on economics and law and order. To me one of the most important things is campaigns never lie, for 20 years covering president ial campaigns and reporters d camp every four years to ohio and florida and you spend all of your time jetting back and forth between ohio and florida and sometimes in wisconsin, the fact that trump is in minnesota, not only shows, this is not a lie, they cannot lie about this, the reason he is there is because suspending money and spending time is an effective use of his time, the more important thing is the fact that joe biden is there means when he looks at their polling, that polling is usually much better than the public polling that we see, he realizes this is an area that he has got he needs to defend himself. In terms of the law and order message, donald trump has an uphill battle, the media has been against him hounding him for years, democrats are more unified than ever in terms of trying to get rid of this guy, they really dont like him, at the end of the day when you have this climate in America Today is a foundational idea of america or under assault, you have cities that are burning and people that are getting shot in the street for the political beliefs, all of that changes the environment a lot and the guy in this case, donald trump who is sticking up for america and free speech and sticking up for things like that, suddenly he has a much stronger hand, i cannot help but think all of those things turned in his direction. Melissa we will definitely see, politicians can lie but the campaign is what you see them doing, i like that and i will take that away, thank you for coming on, over to you connell. Connell california inflames emergency officials have been working around the clock to contain more than two dozen wildfires that are blazing across the west coast, were on the ground live in one of the hardest hit areas, a little later on in the hour. What else melissa. Melissa amazon corruption fallout, six people been indicted with conspiring to pay what hundred over 100,000 in commercial bribes through amazon employees and contractors, in exchange for an unfair competitive advantage on the amazon marketplace, can you believe that, the defendant will make their initial appearance in the report in seattle on octobea Different College admission experience, what High School Seniors could face when applying to higher education. Stick around. Ccess to every platform. Mhm, yeah, that too. I dont want any trade minimums. Yeah, i totally agree, they dont have any of those. I want to know what im paying upfront. Yes, absolutely. Do you just say yes to everything . Hm. Well i say no to kale. 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Connell were talking about the fate of two chinabased super apps we chat and tiktok, their fate will be changed big time after sunday when the band of their downloads kicks in in the u. S. , right now President Trump on the south lawn of the white house speaking to reporters and added to his comments that he made to blake burman saying theyre going to be showing him everything in a little while on tiktok, meaning the option Going Forward and while we wait for the full remarks from the president , lets bring in the Hoover Institution research fellow, you try to read between the lines on all these things and you been watching the drama especially with tiktok, we can leave we chat for the side for a moment. Over the last two weeks, the band of the downloads, you can use the app for november 12 on the current rules which is after the election and now that the president saying things worked out quickly, maybe american teenagers can keep their tiktok, when you make on how this is been playing out. I think its a significant challenge, the National Security side, i think the president and his administration are absolutely right to identify both tiktok and we chat as significant National Security threats, potential challenges, particularly if you look at the fact that china passed the National Security law recently that compels Chinese Companies to cooperate with the Chinese Government in turning over data and information, with tiktok, you have the problems there, we chat, the u. S. Action is more sweeping even than that and we chat will cease to function in many ways on the u. S. On sunday when cell carriers are forbidden from allowing we chat data to travel on the cell services, the restrictions are even more significant than the ones we see on tiktok. Connell which is a huge company in china and does not have a big of an operation here in the United States, people have family in china, that is how they communicate and u. S. Companies, if they operate in china for now allowed to use we chat, and used to communicate and collect payments and the like, it brings up a larger question that youre talking about, this is all about data and the access the chinese have two u. S. Data and it brings us back to the discussion you and i have had a number of times whether we need to separate ecosystems or internet and decoupling, that is where were going here. What do you think . Thats a great insight, thats where were headed, in fact if you talk to folks who travel to china with some frequency, i was in china towards the end of last year, it does feel like its a totally separate infrastructure when you get there, yup we chat and ali baba Payment System which happens on your phone, you dont use credit cards that you can use in the u. S. Coming out of a different cell phone or cell phone that can roam on chinese networks, you do not have access to the same internet in china, if you want to get access to new sources in the United States you have to use a vpn, we are looking at a situation where there is separate infrastructures and we are headed for more separation given what were seen with the wechat and executive order. Connell. Connell we gotta wrap a little earlier with comments coming in from President Trump the president making his right out of the white house headed to the Campaign Stop in minnesota but before he did that, moments ago he spoke to reporters about tiktok and other issues. Here is the president. Connell s started forming yesterday i guess. We are going to minnesota, some of you are coming i guess, i hope, if you have any questions we will do it really quickly because we are already a little bit late. We are going to take a look and they wil sho sho everyg in waome g some greatpa cniat cniht kint buy i were werooking urityntimant l the sve the sity res to tohinahina a w w g to mg to m a fai fast fast aveisiondecision donti dontnke to d it it toooouch much b b have erygreatpanies aery greaea iest. Er [inaudle queible quen] you y a ysking meing astion i i disadigr thi t tsyyy important panoit p oiouslyious c is at thehe top of list lis andi ma other countries but chinaorea would be at the top of the list, i dont know why thats not mentioned in obviously antifa, these are bad people and people that hurt a lot of people, a lot of good people and antifa, unfortunately, you are a reporter i wish you were a reporter, hes a good person buddies back there shaking his head. The fact is antifa is a bad group, they are criminals and they are anarchist in their agitators. Their looters and rioters and everything else, they are bad and when a man does not say that, that bothers me, i wonder why he is not saying that. I think bill barr has been incredible, he is strong, bill barr is strong, he is tough and hes smart, i think he agrees with me on this stuff. He sees whats happening with certain locations. We can clean it out with the democrat governors who are weak or something is wrong or weak on crime and they dont want to mention the words law and order as they called us in portland, we would have the situation taken care of in a half an hour, all they have to do is call, we will be there in a half an hour. Seattle only got straight now because they knew we were going in there the following morning, we were all set to go. They immediately raise their hands and gave up. But if they would call us, we would straight out their problems, that include chicago in new york, chicago is a great police department, new york has a great the police department, new yorks finest, they endorse things, they dont need any help, all they have to do is let them do their job mr. Mayor and mr. Governor, if they let them do their job you will have little crime in new york and very little crime in chicago but the liberal politicians and democrats wont let the police do their job. [inaudible question] we are going to see that were looking at the border with canada. Canada would like it open and we would like to get back to normal business, we have the usmc all done, the new trade deal requesting nafta which was probably the worst trade deal ever made by anybody. It was grossly incompetent. We have a great trade deal right now so were going to be opening the borders pretty soon. [inaudible question] it could be, we are working with canada, we want to pick a good day, having to do with the pandemic. I happen to think were rounding the turn, we are doing very well and the vaccines are coming but even before the vaccines are coming if you look at florida and texas and arizona, the places that flared up a little bit, we are doing really well, theyre all doing very well. [inaudible question] we are looking at a lot of Different Things and i did not like his answers yesterday, im not sure he liked them either, im sure he probably would agree with me, antifa is bad, really bad and if you look at it whos the big problem, the big problem is china and we can have others also, im not excluding anybody but the big problem is china and why he does not want to say that, that certainly bothers me. [inaudible question] have died and projected, if you look at the initial productions, it was up to 240 250000 if everybody did their job, if they did not do their job, it would be two and a half 3000000 people, three and half million people, you saw the same chart, heres the bottom line, we shouldve lost nobody, china shouldve never allowed it to come out, should never ever allowed it to come out but the projection would be that we did a really good job with the shutdown, which we did it would be 240, up to 240, 250,000 people, youve seen those numbers into a by, if we did not do her job would be three and a half, to an half, maybe 3 million people, we have done a phenomenal job with respect to covid19, we have done a job that was incredible, look at the other side of it, look at biden, sleepy joe biden, he had a thing called swine flu, disaster, much easier to handle, much less severe, it was a disaster, his own man that was in charge of it said it was a nightmare, disaster, they did a poor job, they did not know what they were doing, joe biden does not have a clue but all he does is criticize, we done an incredible job whether the vaccines are coming, the therapeutics which are already here, they are already here and they started remdesivir and others, its working out incredibly well, look at what happens, look how much better people do if they do have to go and end up in serious condition, look at how much better theyre doing because of what weve done there reputedly, its been amazing, the numbers are amazing, weve done a great job but then you have to take a look at swine flu, each one in one, which biden calls in 1h1, its very easy to remember, you take a look at the job that he did for his own people in the man that was in charge said it was a total disaster, a total disaster and worse than that, they got very, very poor remarks, we have done an incredible job throughout the world i get called by prime ministers and president s saying the job you have done is amazing, on testing, i will give you a whole list, on testing, we have the greatest testing anywhere in the world where 60 million test more than india, 1. 5 billion people, nobody has b that we have done, thank you very much everybody. Thank you. Melissa that was the president talking to reporters as he is heading out to a campaign event, talking a lot about when a vaccine is coming and what the administration has done to battle covid, at the beginning he talked about tiktok was an important on the business channel and he said they are going to be showing him everything on tiktok soon and were eager to see more details on where the deal may be going, hitting a lot of the same pointy hit earlier in his News Conference but talking to reporters there. Connell. Connell fairly fast decision that he set on tiktok, we will see what the ends of meaning, we have a lot more to cover, millions of acres of scorch land across the west coast and officials ordering new evacuations and firefighters battling nearly 30 major wildfires changing weather conditions could bring muchneeded relief, we will get to the update, live on the scene later on this hour. Ay safe drivers save 40 guys guys check it out. 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There is no bill and no talks going on right now, this is why you have the coalition of moderate democrats and some moderate republicans train to light the spark and jumpstart this in some form, this is a bill put forth by the problem solvers caucus, the member is dean phillips, freshman democrat from minnesota. Her hope and expectation that wilit will do what it appears te doing to get people to start talking, time is short and the urgency is clear and the needs are significant, it is indeed to get together. House Speaker Nancy Pelosi dismissed the bill and the speaker is doubling down on the 3. 4 trillion measure the house okayed and may. Perfect 3. 4 trillion, we have come down 1 trillion and we said we would meet them in the middle, this is not about any of the good. Another concern for lawmakers is a struggling industry and only operating at 30 capacity, airlines are poised for low tens of thousands of workers in wee weeks. I think it needs to be part of the broader package, there is less then 50 days to a president ial election and only so much wind and we better take advantage of whatever seal weve got. The ceo of American Airlines met with house Speaker Nancy Pelosi in the chair of the House Transportation Committee virtually today making the case to include assistance for the Airline Industry in the next coronavirus package if they can get it done. Melissaconnell big gifts. Thank you. Melissa for more on this i want to bring in republican congressman jody from georgia also a member of the House Freedom caucus, let me ask about the stalemate on the coronavirus bill, the president has said give them more money, lets get something going, why wont republicans go along with what the president wants. Its not republicans its nancy pelosi at this point, as she heard she is the country . 4 trillion, thats a nonstarter for republicans and frankly that is too much for the white house, at this point it is a stalemate because nancy pelosi is refusing to even have serious talks about it. Melissa do you think it makes it look bad to not get something done, do you worry about who this cost the most, when the American People here that you cannot come to an agreement i dont know that they necessarily know who it is holding up the work, they just feeling congress is not getting it done. There is two issues to the question, one is getting something done, the other is getting something good done, it is not always good to get something done if it is bad, the type of money that nancy pelosi is demanding more from is bad for america, we have a financial issue in this country that must be addressed, we cannot continue spending as though money will never run out, were at 27 trillion in debt and climbing, we are going to have to get serious about getting our financial house in order and at this point nancy pelosi is not having anything to do with that, she continues wild, reckless spending that does nothing other than advance her political agenda, that is bad for america not something we should move forward on. Melissa what about the people with the Business Owners 60 of what is still closed, its estimated it will never reopen, i understand why you would not want to send money to stay to municipality like drunken sailors forever, there is a line of credit for them sitting at the treasury if they want to fund the local government, for those people at home who are really struggling and arent going to see their businesses reopen, is there a way to prioritize helping them. There should be, thats the whole point, there should be a way to prioritize those who needed the most and the businesses that are suffering the most and the priority to reopen our economy, those items unfortunately under Speaker Pelosi are not up for discussion, not even up for negotiation and thats why many of us are personally calling to vacate the chair, it is time for nancy pelosi to step down, she is incapable of leading the u. S. Congress. Melissa i dont want to go or run out of time without asking about that, youre part of a group launching effort to remove her, do you think that will be successful, does it make sense to do that and what do you hope to achieve. We cannot continue under the toxic leadership of nancy pelosi. She is not capable of leading, what she has done over the last couple of years while they have had the majority is focused on impeaching the president , incredibly false russia collusion hoax, wasting taxpayer money, now were running down the path of election fraud, watching rioting in the streets and her answer is to defend the police, she refers to the president republicans across the country as enemies of the state, she allows antisemitic statements on her side of the aisle, she is incapable of leading, she is not working with us in congress, she is not working with the white house, she is a horrible relationship with Mitch Mcconnell and even with her own party, it is falling apart in drama with their own party as you just gave some witness to a few moments ago and her leadership is toxic, is harmful for american is time for her to go. Melissa thank you for coming on today, we appreciate it. Connell lets check costco for a moment, costco is giving customers a cheery way to count down the days till christmas, bringing back the very popular line advent calendar, each calendar features wines from all over the world that you can open up through the month of december which is huge news for the day for melissa because she is a very big fan of advent i need it so bad dont call it a hobby. Its way more than just a job. This is how we live every single day. Can we go and play . roaring of engines i needed to try needed to fall i needed your love im burning away i need never get old makes it beautiful. Stateoftheart Technology Makes it brilliant. The visionary lexus nx. Lease the 2020 nx 300 for 339 a month for 36 months. Experience amazing at your lexus dealer. Its time for aerotrainer, with your weight and health . 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As the flames continue to bring through california, oregon and washington, fox news jeff paul is live in monrovia california with the latest. Importantly were learning about the death tolls going off in the western wildfires here, a firefighter died who is fighting the el dorado fire, not prior started according by the gender reveal party, further north, use Committee National park is now closed due to poor air quality, park rangers say they have never heard of Something Like this happening in some of the five years of experience. Is not a decision we made lightly but again to have employees out in these conditions and visitors it is not helping. Oregon dealing with the opposite problem, they are expecting thunderstorms throughout the weekend, sort of good news because they will be getting rain and fresh air because the air quality is so bad from all the fires but with thunderstorms you potential for more fires young lightning and potential for landslides. Melissa wow, thank you for that, we will keep an eye on it. Connell. Connell really something else, it adds to the trouble for some businesses as we are talking about finding a new lifeline for the venues out in california and for years the Wine Industry has relied on foot traffic for millions of tourist to keep the doors open now Business Owners are forced to find new ways to make money due to the coronavirus pandemic and also the wildfires that jeff was reporting on and were joined from the Vineyards Management and obviously the fires or something you have to deal with year after year but this year has been devastating and you add in the pandemic, how are you holding up . Thank you for having me, unfortunately since 2017 when the fires had us directly in Silicon Valley and for the next four years including this year, its been something we had to live with and is been very difficult as the previous reporter just said, newark rules as trying to get work done with the smoky air and likely we have a clear sky today, yesterday the blue sky came out the first time in 30 days since a Lightning Strike fire hit around here, that we have blue skies. Its been a challenge for the past four years dealing with fires. Connell as you said you added this year of the pandemic in the foot traffic being down at the vineyards themselves, but its not like you wave a white flag and give up on your business, i was reading about, its interesting you can talk about the adjustments that you guys made because i know the demand for your grapes was already not the best before the pandemic and you start to make some adjustments, what if you been doing to keep going . We are primarily great growers, we form a thousand acres between loaned in leased property, were at the bottom of the chain and we need to sell grapes to produce wine to sell to the people as you said who unfortunately are not coming up as much, certainly the locals are supported but the tourist, the International Tourist 45 minutes from san francisco, the tourist from across the country that traditionally would come importantly not coming in a lot is due to the pandemic and because of the fires, so the people that were selling these pretty highend bottles of wine and selling them to people, lost their market and with covid Everybody Knows that bars and restaurants took a tremendous hit for a number of months, their open an opening now but still outside and then we had smoke and nobody wanted to be outside dining for the past few weeks. On the supply side for us, we started getting more involved in the wine business so rather a supplier of grapes, we do that with highend grapes and highend wineries but we also became a supplier of juice in a private label, just like you go to the store and buy a safeway brand or trader joes brand of canned beans, the same thing is true in the wine business, theres a lot of private label that we can supply so we provide the product and everybody else puts their label and somebody else market thought from the grapes that we grow. Connell and that has worked. Its worked very well in a number of ways. Connell continues. Its helpless on the farming side to control our cost and converted in the more you control the outcome, the more profitable you can be in control that so its allowed us to control our farming cost to control a risk on the and really control the whole process and its made us and our clients have better profit potential in doing that. Connell like i said in the beginning you have to be creative, obviously you are doing them, what is your outlook, lets leave it on that note, what is your outlook for the next year. We are not through all of this, and specific talking about the california one great market, we were in a situation since 2018 where were in quite a bit of a glut and we seen a lot of grapes out there and a lot of wine out there and a lot of backed up inventory, and fortunately or fortunately depending on what side youre on the fires in the past month have changed that because of the possibility of smoke and theyre going to the same thing in oregon and washington and all throughout the Coastal Range in california where theres thousands of tons of grapes that will not be harvested and turned into wine because of the possibility of having tainted by smoke and ash, what has that done in the past three weeks, we ourselves had a backlog of almost 100,000 gallons of wine that is now down to 20000 gallons and the three weeks from people buying. The public is still buying wine, in the supermarket rather than the restaurant, they are still buying wine so we are happily a supplier of that and so from the wine business standpoint, this will help us Going Forward get a better market equilibrium going. Connell i hope you work your way through it, it was interesting talking to you, we definitely learned about your business. He is in california. Melissa the fox business alert, democratic nominee joe biden campaigning in minnesota wrapping up, and speaking about the workingclass moments ago, take a listen. That is why my build back better plan and my entire campaign is built on a simple concept, it is time to reward hardworking americans, not wealth. Melissa okay. There you go, hard work, not wealth. 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Institution, closing its doors for good this weekend, and the approaching Winter Weather could force similar decisions for businesses across the country. Edward lawrence is in washington with the details. This sounds very serious. I dont want any bars closing, ed bard. Reporter yeah. Sundays the last day for this institution. Other companies trying not to look like this. Sweet dreams down there, youve seen a couple of 5 off in the restaurant next to them, but 26 years the capitol lounge has been here, and its going to close its doors. A safe place really for the senate staff and senators, staff from house of representatives, they can come here and Exchange Ideas and work together. Eight days ago the lounge did tweet out that or they are going to have to close, and they said this, quote its been a great 26year run, and we are most proud about the way our management and staff have handled the incredible adversity over the last six months. Former White House Press Secretary Sean Spicer tweeting out its very sad to see this. I have many great memories from nights at the lounge during my time on capitol hill. Thanks for a great run. Other Restaurant Owners looking to hold on and hoping lawmakers can help. Were just trying to figure out the best way to survive this whole, this storm. Hopefully, theres more relief. But, you know, right now were just not sure. Think about all the work that all of us in this industry have put into our restaurants, our souls into them really, just to see this kind of, like, start to fall apart. Reporter and the National Restaurant association saying 43 of restaurants will go under, those fullservice restaurants, if they dont yet help within the next six months. Back to you. Melissa edward, thank you. Connell, i mean, its bad enough to see any of these places go under, but somewhere where republicans and democrats might make some sort of a deal, oy. Connell thats true. I didnt even think of that. Theres not a lot of that going on anymore. All right. Well, well regroup over the weekend. Well see how it goes, if the market improves things. Lou dobbs tonight starts right now. Have a good one. Lou good evening, everybody. President trump this hour on his way to minnesota. There hes set to cap off what has been an historic week filled with Foreign Policy victories, and President Trump hasnt lost sight of president ial politics either. The president holding another rally, expected to be raucous as well, in front of thousands of his supporters. That event taking place at an airport tonight. Now, if youre like me and you might be wondering where it is, it is, theres say, at a remote location some four hours