With the countdown to President Trumps travel ban finally going into effect and we are hours away from portions of the revised ban being implemented following the Supreme Courts decision that took place earlier this week. And we are covering every angle of this developing story. How its going to affect you and people around the world. We have the best team of reporters and analysts on hand starting with nbcs Peter Alexander live at the white house. Peter, as usual, im confused. Who does the ban impact and what does it mean for travellers . Good question. It hasnt formally been laid out by the administration but we are getting a better understanding where it stands. Months after the president s initial then revised travel ban, now the enforcement begins about 8 00 p. M. Today. Thats with the implementation in effect. These are the countries affected. They include iran, sudan, libya, syria, somalia, and yemen. This 90 day, 120day travel ban takes effect, modified relationship to someone here in the u. S. So, who does that apply to . It doesnt apply to grandparents, grandchildren, aunts and uncles, nieces and nephews. You can see the remainder of that list here. Nbc news just this morning confirmed a diplomatic cable that has been provided in the last 24 hours and talks about who it does apply to. It would apply to individuals that would qualify as close family, a parent, a spouse, a child, adult son or daughter, soninlaw, daughterinlaw of individuals who currently live in the United States. So that at least for the moment is the best information we have, stephanie, about how this will be applied. Obviously, refugee groups, immigration advocates have real concerns about this. There are concerns about how frankly airlines and Border Agents may not be able to have sufficient understanding of how this works as it goes into effect. They peer the potential for chaos like the last goaround be before the courts ultimately weighed in. Lets bring in my panel. Chairman of the american conservative unit, matt schlapp, president and ceo for the center for american progress, farek tan den and jonathan swan. Matt, this travel ban is a big win for the president. When i look at the numbers of the nearly 13,000 immigrants that came from yemen, for example, last year, they had immediate family here so theyd still be allowed in the country. We know the president loves a show, loves firing up his base. This a political win or will it move some sort of needle . When you look at numbers, doesnt seem to change that much. Thats why i love those numbers. The attempt is to keep jihadists out of the country, keep people we cant be absolutely sure are not coming here to undermine our society, engage in terrorism out. It makes common sense. People have a perfectly legitimate reason to come to america like the numbers you mentioned will be able to come. Furrowed brow. Im going to go by that in general. Furrowed brow. This is the challenge, which is youre calling people jihadists. There are jihadists out there. They do exist but theres not usually a distinction between being a fiance versus a wife. Thats the problem with the process. It will lead to more litigation and obvious ly a feature. There are arbitrary lines that are related to someones history of terrorism. Modified relationship versus not. If you can say theres no jihadists who are fiancees versus wives thats helpful too. Jihadists are only single. Orphans who are single. Never a cousin. Only a fwrom. Not a very funny topic. Ive been taking 90 days to go through what the Supreme Court has said. They had this arbitrary distinction. Theyll take 90 days, the executive branch and come out with clarifying the white house has an interpretation right now. Jonathan, whats going to happen here . We do know the president is going to check this off, his big box and sign Something Like this and throw it and say hes done more things than any person in the history of the galaxy. That will all happen either way. This will all be litigate. This is temporary. What happens this evening there will be less chaos than last time. There are fewer people from all these countries coming to the United States as a result of just being kind of freaked out by all of this. We have a pretty vague phrase, guidance for it, it will all be lit dpated and well see it revisited in a few months time. Litigated starting at the top. Totally. We have furrowed brow, wet blanket and we dont know what were going to call you yet. Im not a wet blanket. Another storying were following right now, Senate Majority leader Mitch Mcconnell is pushing to have a new version of the senate gops Controversial Health care bill by orm. If we dont preach agreement by friday, its probably the end of the effort of a sole party effort for health care. If we dont, challenge democrats to work with us to find something better. Lets go live to capitol hill where msnbcs Garrett Haake stands by. Whats going to happen tomorrow . Moderates say we want the tax cuts for the wealthy taken out. Is that the big decider . It wont be the big decider but its one of the factors. Friday is sort of an arbitrary deadline, but the Senate Leadership feels like its important to move quickly on this. The sooner they can get something to the cbo the sooner they can come back and maybe vote on a plan. Last night we saw this steady stream of republican senators including several wofb opposed to this bill going in and out of Mitch Mcconnells office to offer their ideas and their plans to try to make this better. One of the ideas that we heard from people including the Foreign Relations chairman, bob corker, pretty steadfast ally of the Senate Leadership, was this idea of maybe keeping one of the obamacare taxes, this is the investment tax, for high earners. It sort of has a political and practical implication to keep the small axe in, get a little more revenue to play with, a little more money they can use to address some of the other eschews in this bill. It would essentially take off the table the argument democrats have made pretty effectively that this is a tax cut for the wealthy paid for by cuts to health care for poorer people. We are hearing republicans say its one of the things they want to take off the table. Conservatives wont like that. One of the things they want to see are the obama taxes. Still a wide berth before they get to any kind of agreement. Jonathan, is that the big surprise, lets get rid of the taxes . From an optics standpoint, a conservative could say these taxes make no sense but theyre there for a reason. If the choice is provide support or a safety net for the sick and the old and the poor or maybe spur Economic Growth by tax cuts for the rich, i think common sense would say psi ed with the poor. I think theres a few things here. When you talk to sources in the administration, no one in the last 24 hours is confident that friday is going to be the unveiling of this deal. Its an arbitrary deadline. The real deadline is the next recess. Start with that as the premise. The second thing i would say is theres a basic e kwagts theyre working towards. The theory of the case inside the white house, and ill be quite crude here. You bribe the moderates with cash for opioids and other things and you give them shortterm money and then you give the conservatives real reforms, things like regulation s and other things that will bring down the cost. That is the equation. Were in offer making stage. Youll see these stories with heres the latest idea, thats the overall framework happening. There will be plenty of people coming up with ideas but we should look to august 1 as the real deadline. A few things, first of all, the moderates as a tax issue are expanding the horizon of their ask. So number one, shelly moore capito, senator collins are saying this transparent bribe is not enough. They want to slash health care for poor people and low income people. The reality is this bill has been an incredible reverse robin hood and the American People hate the bill. 17 , 12 , less than congress. I dont think its a little bit at the edges. Most importantly i hope there will be bipartisan reform here. There are ideas in this bill, other ideas that moderate democrats have put forward. Very easy for senator collins and others to work with democrats. They say they want to. Much of the president s base is not the freedom caucus, not what rand paul wants, so when you look at where this is pulling an who would lose coverage, its a lot of President Trumps brace. If the answer is to Lindsey Grahams point well have to go bipartisan, can you see the white house come to the table and say bipartisanship means were going to fix not replace or they wed it to replace . Yeah. I can see the white house working with democrats and the way the senate and fixing, not replacing. I think the whole bill is an attempt to try to have a republican version of health care reform. There are parts where youre trying to cover people who didnt have insurance before. Heres the basic theme of all the republican themes. They want to decrease those on medicaid and people say were trying to hurt poor people. No, theyre trying to get them to buy individual insurance policies in the private market. That is the republican theme. This idea of access and choice, if i make 20 grand a year and im a mom and im on medicaid, choice is not in my let me, plain to you. If you care about the poor, we should look at what the poor are saying. The poor dont actually believe that medicaid is their best health care option. The people who get the obamacare subsidy by polls that have come out, theyre not satisfied with the health care they get. Why dont we give them a choice they also have the ability to choose something in the private market. I bet you wouldnt want to be on medicaid. The poor dont care what its called. Theyre pretty smart. They know exactly when theyre getting second tier health care, which is what throwing millions of people i mean the title of it, we promise well replace, when i bring my child to the doctor, i dont care what the name of the program is. I want to know they can get the best health care. And you should be able to choose the doctor and the type of health care you get. This is the bait and switch. This bill has been a giant gutting of the medicaid program, separate and apart from to get them on the private market. No. Yes. I know you dont like the Congressional Budget Office but it is the official referee, according to paul ryan. They were way wrong on obamacare. They just get things wrong all the time. We have the same referee back at the game. Thats right. Can we just say the reality of this bill, it transforms the underlying program dropping coverage for millions of people, not what obama did and the Affordable Care act did, it goes farther than the fraktd to take coverage away from people. Thats what moderate senators are against. Putting the policy aside and looking at the politics, i spoke to an Administration Source last night, one of the more cynical people you can imagine. Not going to say who they are. They said mitch Mitch Mcconnell would not have delayed this if he thought it was going to fail. He would have brought it to the floor. He doesnt want to waste two weeks of floor time, he thinks he can get this done. Theres rampant pessimism. Theres a lot of people inside cynical offices who think they can get this done. The senate is a different place. Okay, guys. Love him or hate him, Mitch Mcconnell is a strategic beast. You have to agree. Hes a strategy guru, Mitch Mcconnell, if nothing else. If he was such a genius, maybe he wouldnt have gotten us into this mess. Well leave it there. You know what, man, we have to go to commercial. When we come back, my exclusive interview not with these guys with the white house chief economic adviser gary cohen. Would the president forgo those tax breaks to get health care passed . Nutritional needs. All in one. Purina one. Healthy energy, all in one. Strong muscles, all in one. Highly digestible, and a taste he loves, all in one. Purina one smartblend is expertly blended. With 100 nutrition, 0 fillers, always real meat 1. Lifelong smart nutrition. Its all in one. Purina one. Were dpoipg to have a big surprise with a Great Health Care package. What do you mean by a big surprise, sir . I mean a great, great surprise. That of course was President Trump previewing some Upcoming Health care surprise, and while the president is working with congress to advance an obamacare replacement, it is also energy week if you didnt know for the trump administration. Just a few minutes ago i spoke exclusively with the president s chief economic adviser and director of the National Economic council, former Goldman Sachs president gary cohen. This week for you is all about energy and were going to get to it, but what has people so energized is obviously health care. The senate bill as it stands according to the cbo report, 22 Million People will end up uninsured. This thing is polling in the teens and theres Campaign Promises in there that arent met. If it goes through, will the white house sign it . Stephanie, first of all, thanks very much for having me today. When you say if it goes through will the white house sign it, as you know, the white house has been working nonstop with the senate to come up with a Health Care Bill that the senate koul pass and we can sign. We are very actively involved. We think were going to get to a place where we and the senate can agree on a Health Care Bill. Can you sign something that cuts medicaid . You yourself have said if youre on medicaid youre not going to lose it and there are people who are going to lose it, gar. Were going to have to see what the final piece of legislation that comes out of the senate looks like. We really want to get health care done. I think the president has shown you how much personal commitment he has and how much personal time hes willing to spend on Getting Health Care done. He had the senators over the white house two dais ago to spend time talking with them, trying to help them work out their differences. Hes personally involved. He wants to get this done. Its very important to him and his administration. He invited them over, but brass tacks, do they actually get to that much . When i look at this thing and i say, hold on a second, moderates, moderate republicans want you to cut out that youre going to have tax breaks in there, tax breaks for the rich, youre a tax cut guy. If i had to choose what im going to do in here, if you cut taxes, maybe thatll spur Economic Growth, but in terms of risk management, is maybe spurring Economic Growth better than protecting the millions of people on medicaid . Stephanie, we have multiple issues that were trying to solve. We cant solve every issue in the Health Care Bill. Were going to tackle taxes. Yes, wed love to cut some of the tax that are in the obamacare bill. And that would be a great thing to do. If we cant cut them in the obamacare bill, were still actively involved in tax and tax legislation. What we do know, and we do know this for sure, is that obamacare is failing. We know there are many counties in this country that do not have an insurer. We know that premiums continue to go up. Theyve been going up 30 annually. We know that people are not getting what they thought they were going to get. The president is committed to fixing this. If the most important thing to do is fix it and give Everybody Health care, is the answer that youre committed to must be repealed . Because lindsey gram said if this doesnt go through, we have to get to a bipartisan place and we can only do that if its a fix, not a repeal. So a name matters to some, but not all. What matters most . Fixing obamacare or repealing obamacare . Repealing obamacare matters and having Health Care Coverage for american citizens matters. How we get there, were willing to be flexible how we get there, but we know obamacare doesnt work so we have to repeal that. We know we have to end up in a situation where americans have access to health care. If i made 20,000 a year, talk about access, talk about choices, if i make there are 20,000 a year and im a mom, access and choices arent even in my vocabulary, so they sound great but we have to get real. Is this thing real . You have to get this through if you want to do tax reform in september. We are doing what we can. The president is committed. Hes spending as much time as he can having meetings at the white house, on the phone, working with the senators. The Vice President equally committed. We are committed to Getting Health Care and providing health care for american citizens that works for giving american citizens the product they want, not the product that washington thinks they should have. Given where its polling, is that what america wants . America will be happy with what they give them. Well have a product they can buy, a product thats going to be cheaper, a product they get to tailor for their needs. Then lets talk tax reform. If this doesnt go well, are you getting to tax reform . Were absolutely getting to tax reform. Will you if this doesnt pass . Were going to get to tax reform if this passes or doesnt. We are on a tax reform e agenda when we come back in september, when the august recess is over, we will be 100 engaged in tax reform. When i look at your proskrexs, it would be great if we had 3 gdp but thats a goal, not a libaseline. You come from goldman. You base your models on actuality, not a goal. Is that lofty . Is it risky . Look at the kansas experiment. Trickledown economics failed there. We do not think that 3 gdp is that lofty of a goal. Why . Were setting realistic expectations. If you think where weve been in the last eight years, muddling around either side of 2 gd g, weve done it in an environment where American Business has been overregulated, very highly regulated, businesses have been unable to expand, banks have been unable to lend, banks have been unable to return capital. Thats not true. It is true. Banks have been able to lend. You yourself when you ear the president of goldman have said we have a stronger Balance Sheet than ever. Banks dont have a lending problem. Middle market banks have a lending problem. How do you get a strong Balance Sheet . You hoard cash. You done lend. The strongest Balance Sheet in the world is a cash Balance Sheet. You mean to tell me Goldman Sachs, jpmorgan arent lehning . Theyre lending. Theyre lending to the most creditworthy borrowers in the world. You dont expand the economy by lending to the top borrowers. You expand the economy by lending to smaller, mediumsized businesses that are actually hiring people to grow their businesses. We all know that the very creditworthy borrowers in the world today have access to capital, access to bank loan, access to capital markets. Thats not where Economic Growth comes from. Economic growth comes from the Sole Proprietor that has ten employees that they can get a loan from a bank, they can go from ten employees to 30 employees. They triple their employees. Thats how you create employment growth in the country. We know that. The facts are out there. Small and medium sized businesses drive employment growth. They have not been able to get loans . They have not been able to get loans because the creditworthiness of those institutions doesnt score well enough for the highly regulated institutions to give them loans and they dont have access to the capital markets. We do need smart regulation, though, correct . Of course we do. Were very pro smart regulation. Were not antiregulation. Were pro smart regulation that helps the economy grow and helps create jobs. As you know, were in job month. Weve been in job month. Every week of job month weve talked about one very specific item in job month. Weve talked about infrastructure. Weve talked about workforce retraining. Talked about technology. And this week is energy week. These are four arias of the u. S. Economy where we think we can drive we can drive real job growth. Those are four arias that matter most to the American People. It would be great if the president talked more about it. Later, more of our exclusive interview with gary cohn. How much of these great jobs numbers and Economic Data can be attributed to President Trump and not president obama . It takes time for that data to find its way through the system. Then well talk about energy. Americas Energy Dominance. Thats the white houses focus this week. What are they doing about it . But next, well go back to capitol hill. The first real test of the president s tougher immigration stances is up for a vote today. Cracking down on sanctuary cities. For your heart. Your joints. Or your digestion. So why wouldnt you take something for the most important part of you. Your brain. 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Portions of President Trumps travel ban go into effect today following the scours ruling to partially uphold the executive order on monday. The department of Homeland Security says it will not ban laptops on International Flights for now. Instead, dhs secretary jon kelly announced wednesday stricter security measures for um to 2,000 flights coming into the u. S. Every day. President donald trump will travel paris next month, accepting an invitation from french president emanuel macron. The white house says the president , quote, looks forward to reaffirming americas strong ties of friendship with france. I dont like this story, not one bit. Pope frances top Financial Adviser faces a number of historic Sexual Assault charges becoming the highest ranking vatican official to be charged with abuse. Pell has denied all allegations and today he returned to australia to clear his name. I love this one. Thab star and a favorite of mine, stephon curry is taking his talents to the fairway, accepting an invitation to play against the pros at the elie may classic Golf Tournament this august. I think i saw some instagrams of him golfing with tom brady earlier this week, getting ready. He said, quote, hes going to try to keep it in if fairway and play well. I can tell you based on how he plays basketball, probably a pretty good golfer. On capitol hill today, congress is set to vote on two bills aimed at cracking down on undocumented immigration, one of President Trumps signature agenda items. You remember the travel ban. The president touted the mesh shu measures at the white house yesterday in a meeting with family members of americans who have been killed by undocumented immigrants. You lost the people you loved because your government refused to enforce our nations immigration laws. Were calling on all members of congress to honor grieving American Families by passing these lifesaving measures in the house, in the senate, and then sending them to my desk for a very rapid signature. I promise you it will be done quickly. Hnbcs kasie hunt joins me i from capitol hill. What can you tell me about these bills and whos affected . Reporter this is a package of two bills that will be on the house floor today and the first of them is athe one that you were alluding to, called kates law, named after a 32yearold woman who was walking with her father along the touristy waterfront in san francisco, im sure you may be familiar with that, shot and killed by an immigrant who was up documented, who had been deported multiple times and had previously committed felonies. What that bill would do is make penalties harsher for people who do that. So if youre an undocumented immigrant, you come back into the country after being deported and off criminal record, you would face stiffer penalties urn this law. This is honestly less controversial than other measures theyll consider today. Democrats have a tricky kind of map in front of them for opposing it and Democratic Leaders have essentially given some leeway to some of their more vulnerable members of the house to perhaps vote in favor of this law. The more controversial immigrationrelated law on the floor today is one related to sanctuary cities. Cities that essentially look the other way if there are undocumented immigrants, a number of major u. S. Cities fall into this category, and that particular bill, more controversial democrats opposing that. It will essentially limit the grants in federal money in some ways you could get if you were a sanctuary city, it would let people sue the city if they were the victim of a crime committed by an undocumented immigrant. So that overall narrative again, that bill being the more controversial of the two today. All right. Thanks, kasie. A quick break. When we return, the doctors are in. Part three of my conversation with five doctors who voted for President Trump, what they think needs to be in a senate bill to lower costs. Before we go, which just a coup minutes into the trading day, the market is down a smidge. Thats basically unchanged. Coming off a strong day in the markets. What do you want to point to, really . Gdp and the economy. Getting more gdp information this morning. Whats noteworthy is ip inflation. Were not seeing inflation drive up and thats bp a concern with rates moving up, people worried about inflation. When you look at the numbers, doesnt seem to be an issue today. Minutes old. A babys skin is never more delicate. What do hospitals use to wash and protect it . Johnsons® the number 1 choices in hospitals. Whuuuuuat . Rtgage offer from the bank today. You never just get one offer. Go to lendingtree. Com and shop multiple loan offers for free free . Yeah. Could save thousands. You should probably buy me dinner. No. Go to lendingtree. Com for a new home loan or refinance. Receive up to five free offers and choose the loan thats right for you. Our average customer could lower their monthly bills by over three hundred dollars. Go to lendingtree. Com right now. How to win at business. Step one point decisively with the arm of your glasses. Abracadabra. The stage is yours. Step two choose la quinta. The only hotel where you can redeem loyalty points for a free nightinstantly and win at business. Welcome bang. Youre watching msnbc. Im stephanie ruhle. We have been getting a ton of reaction thats good and bad to the special roundtable i conducted with five physicians all who voted for President Trump. We discussed several crucial aspects of the gops Health Care Plan in parts one and two and were reposting all of it on twitter right now for you. Let us know what you think. Today in part three, we talk about the price of health care and what need to be done to bring it down. President trump has looked at this and said this bill needs more heart. And across the board, were hearing people say this bill is heartless, heartless. The more heart has to do with benefits that have been added for folks that are high risk uninsurab uninsurable, highrisk pools. I think its 50 billion over four years plus an additional 60 billion just for folks that are too high risk to be insured in the regular individual market. A lot of people, there are people that cannot afford insurance without the subsidies because the premiums have skyrocketed. What were not accounting for are the people who say im really healthy, i live healthily, i do all the right things, these premium, why dont i just save and pay for my health care with the dollars that ive saved. We are not going to end up with a perfect bill here. This is a start and it has to go through this reconciliation process with the senate. What do you say to those who say how is this going to help the poorest people . Youre giving a tax break to the rich. It does make for bad optics. Take me past the optics. The problem is youre trying to get Health Care Legislation passed, you have 53 republican senators, you cant get to 60 actually write legislation like you did for obamacare. Why are people dropping out of the exchanges . Why arent Insurance Companies leaving obamacare . Theyre still making a phenomenal amount of money. Im saying if it was such a blank check, if obamacare is holy grail for Insurance Companies, why would so many drop out . Also really good for hospitals. Ow come in the medical arena nothing gets less expensive . Because government got involved. In 1965, we spent 210 a year per capita on health care. In 1965 medicare and medicaid started and a huge infusion of tax dollars just started to cause all kinds of excesses in the cost. And its never gone down. The pharmaceutical companies, you know, thats 12 of the total budget. A full 33 of the total federal budget, 1 trillion, is spent on hospitals, right . Large, nonprofit Academic Medical Centers are the folks that are kwlo, you know, when yt a bag of saltwater, saline in the e. R. Thats a 1,000. Or a 10 tylenol. What gives you the confidence this bill is the start to help getting pharmaceutical cost down . No ones addressed the cost of pharmaceuticals. No ones addressed regulating insurers saying if you say you oar going to provide a service, you have to provie a service. This bill doesnt either. If the Biggest Issue we face are the influence lobbyists are having and the health care industry, how does this bill make it better for patients in america . Id like to say that the medicaid system spends billions of dollars and it makes millionaires out of hospital and Insurance Company executives while it gives very poor care to the poor. The lobbyists are those executives in all those administrators thats gone up 3,000 while doctors have doubled in the same amount of time. The administrators are giving big bucks to the legislators who are then writing the laws. Interesting conversation. I want to point out a lot of people asked me on twitter medicaid, do these doctors accept it . Of the five, three accept medicaid and two do not. And also i know people are so fired up, they dont want to hear someone with another opinion, but guess what . We need to hear other opinions and other viewpoints in order to get to a place of compromise and working together. If you dont understand that what theyre thinking, how are you going to find the middle . Stop being mad and find a solution. Up next, part two of my exclusive interview with white house chief economic adviser gary cohn. The you didnt know, its energy week. Why the focus is so focused on creating coal job, an industry that seems like history, they want to make the future. Their leadership is instinctive. Theyre experts in things you havent heard of. Researchers of technologies that one day you will. Some call them the best of the best. Some call them veterans. We call them our team. Nitrites or artificial ham has preservatives. Tes, now its good for us all. Like those who like. Sweet those who prefer heat. Sfx a breath of air and those who just love meat. Oscar mayer deli fresh. Sweet a trip back to the dthe doctors office, mean just for a shot. But why go back there, when you can stay home. With Neulasta Onpro . Strong chemo can put you at risk of serious infection, which could lead to hospitalizations. In a key study, neulasta reduced the risk of infection from 17 to 1 . A 94 decrease. Applied the day of chemo, Neulasta Onpro is designed to deliver neulasta the next day, so you can stay home. Neulasta is for certain Cancer Patients receiving strong chemotherapy. Do not take neulasta if youre allergic to neulasta or Neupogen Filgrastim . Ruptured spleen, sometimes fatal as well as serious lung problems, allergic reactions, kidney injuries, and capillary leak syndrome have occurred. Report abdominal or shoulder tip pain, trouble breathing or allergic reactions to your doctor right away. In patients with sickle cell disorders, serious, sometimes fatal crises can occur. The most common side effect is bone and muscle ache. So why go back there . If youd rather be home, ask your doctor about Neulasta Onpro. Welcome back. Im stephanie ruhle. Now part two of my exclusive interview with the director of the National Economic council, gary cohn. Earlier we spoke about President Trumps agenda to replace obamacare. Its energy week for the trump administration, so we got to talking about Trumps Energy agenda and why its so important. Take a look. It being jobs month, the president has talked about the importance of the jobs number, the jobs number is great, didnt like the jobs number during the campaign, he likes it now, but auto sales are down, new Home Construction is down, how do you think the economy looks on the job outlook . The job outlook looks very good. Look at the unemployment rate. Look at more importantly the u6 rate, the broader measure of unemployment. The u6 rate since Inauguration Day is down 1 . Thats a massive move in the broader measure of unemployment. Obama delivered us basically full employment and to look at data besides sentiment, Economic Data, its not real time. Data since the president was inaugurated hasnt come through yet. Data since the january 20th reading is coming through. Employment data comes through daily. Businesses are choosing to hire and fire people daily based on the needs of their businesses. We report jobs data and unemployment claims weekly. Employment data is very, very again tent on whats going on every day in the economy. People are making hiring decisions on tayly basis. I disagree with your premise. We look at whats happened from the Inauguration Day in the u6 number, 1 of people gone from partially employed or working parttime to fulltime, thats a huge movement. You look at the unemployment rate, were down in the low 4 unemployment rate, look, what were obama did get us here. What were unhappy about is theres no wage inflation. We dont see just saying were going to get companies to bring money back here, doesnt mean theyll pay more. We agree this. This is not about repatriating money. The tax code and regulation are the two big areas we have to look at. As you know weve had hundreds of Business Leaders into the white house. We asked each one of them what can we do to help you stimulate job growth. The answer comes back, always in this order regulation first, taxes second, infrastructure third. Were working on regulation. The disparity between worker pay and ceo pay has never been greater. Its simple economics. When we start having a scarce labor in the United States an were getting close to that, you have to get the incremental worker from another job. How do you do that . You pay them more to move to your job. Thats how you get wage inflation. Its not that complicated. Lets talk nrenergy for a minute. This is energy week. If we want america to be dominant energy force, the future is about clean energy. Youre a proponent of staying in the paris accord and the president cho not to. You have an Energy Secretary who is a climate skeptic. The epa is taking the word Climate Change kind of off every document out there and the amou scientific advisers numbers being dropped in epa. In terms of clean energy, what is actually being done right now to create clean energy in the future . Thats where money is going to get made. Stephanie, look, we have an all of the above Energy Philosophy in the white house. You cant have an all of the above. We do have an all of the above. People need to understand that an all of the above is important. So does all the above mean the president can say to me i believe in Climate Change and at a rally he doesnt . Is that what all of the above means . No. Im telling you, if you understand the Energy Complex in america, and its a huge, competitive advantage for us. When i think where our big competitive advantage is in the world today, cheap energy and Energy Dominance and Energy Independence is a competitive advantage for us in the United States today. But to have that, you have to embrace all forms of energy. We have a big baseline energy, electricity production in coal in the United States. We burn a lot of coal in the United States in baseline electricity today. The nice thing about coal is you can have 30 days of coal sitting at your generation plant. The risk with gas not that i dont love gas. I do love gas. Youre subject to pipeline and pipeline interruption and the bottlenecking of the pipeline system. We need to build out our pipeline system. You, yourself, have said maybe coal doesnt make sense. Its not just about the environment. Natural gas is cheaper. The more technological advances we get, it will only get cheaper and more attractive. So, why would the administration choose coal to hang their hat and say this is what im going to bet on . To say were opening up a coal mine in pennsylvania. By the way, the permit was made during the Obama Administration but it created 70 jobs. Why bet on coal . Were not hanging our hat on anything. Theres a lot of talk about coal. We believe in all of the energy components. We believe in coal. We believe in natural gas. You think it makes Financial Sense . We believe in nuclear. We believe in all of the above. Theyre all important to the economy. If you eliminated any one of them, you would change the mix so dramatically that we would have a huge price spike. They all fit together. Theyre pieces of a puzzle. Before we go, i love how you say all industries, they matter. When i think about some of the industries the white house backs the most coal, for example i wonder why. In terms of the future in the global environment, the future is the internet. Stay with me. Why wouldnt the white house want to say the companies to bet on, the industries to bet on, if its the u. S. Versus china, will be google, amazon versus alibaba and when i think about the president yes, you had innovation week last week by the way, we had all those people in the white house last week. For a visit. For a visit. Most of them have been in three or four times. And ilan musk said we have a new energy council. Ilan musk said im not coming back and President Trump goes on twitter talking about amazon, the tacks they pay. From your perspective, isnt that what you should be betting on . Not be betting on coal. Thats the future. Were betting on technology. Weve got the American Technology innovation counscils. We are completely betting on technology and manufacturing jobs as well. What we have in this country, we have to have all forms of industry growing to create jobs and to create different jobs. You know, part of our jobs week was in talking about labor, retooling labor and educating labor. One of the most fascinating stats you have to deal with in this country is that we have 6 million unfilled jobs. 6 million unfilled jobs because our workforce doesnt have the skill set necessary to fill those jobs. So, we have to have jobs at every level of the skill set. And thats whats really important. Yes, google and amazon and facebook and uber, theyre looking for programmers, theyre looking for people with highly technical skills. Some of the people in our workforce dont have those technical skills. We still owe and have an obligation to those people to find them great highpaying jobs so they can drive our economy. I know weve got to go, but what about your job . Do you like it . Love it. You would be qualified to be chief of staff. I love my job. Think of the opportunity i have. I have the opportunity to do something that hasnt been done in 30 years, which is reform the u. S. Tax code. I have the opportunity to be involved in redoing the United States infrastructure, something that desperately needs to be done. I dont know how many people can sit here and tell you that they have that opportunity. Maybe you could be fed chair. As i said, i can redo the tax code and i can redo infrastructure. Both are phenomenal opportunities. Youre glad you took this job, i guess. Couldnt be happier. Gary, thank you so much. There you have it, gary cohn, former president and coo of Goldman Sachs, now chief economic adviser to President Trump. President trumps travel ban going into effect in a few hours. What it means for people trying to enter the country today. Thank you so much. Thank you so were a go . Yes we got a yes what does that mean for purchasing . Purchase. Lets do this. Got it. Book the flights hai si si ya ya ya what does that mean for us . We can get stuff. Whats it mean for shipping . Ship the goods. Youre a go you got the green light. That means go oh, yeah. Start saying yes to your companys best ideas. Were gonna hit our launch date scream thank you goodbye let us help with money and knowhow, so you can get business done. American express open. That wraps it up for this hour. Im stephanie ruhle. Right now, i dont have to send you far off. My friend, Hallie Jackson is right here. In person. You exist. Love it. Thank you, stephanie. Thank you for joining us here. We have lots to cover this hour, including a big day for three president ial authorities, the clock ticking on all of them. One, that travel ban, crucial Campaign Promise going into effect, at least some of it, tonight. Well look at the new guidelines on who can come to this country and who cannot. And the confusion some immigration experts are worried about. Two, the senate scramble in overdrive on health care, another huge president ial pledge, with the gop looking to hammer out its new plan by tomorrow. New reaction today on the chances that will actually happen. And, three, tough new immigration proposals. The first bills on this in the trump era set for a vote today. Crackdowns on sanctuary cities and new guidelines on deportations. So much to cover yet again today and our team is all here this morning. We want to start, though, with that travel ban and justice correspondent Pete Williams in our washington bureau. Pete, walk us through what exactly is going to happen today and who the white house is saying will be able to come in with that connection to the u. S. What does that really mean . Well, its going to go into effect 8 00 tonight for people wanting to get visas in the six affected countries. The question has been how will the government define the language thats in the Supreme Court decision to put into practical terms when it talked about having to have a close relationship with someone in the u. S. . And we now know the answer for visa applicants, according to the state department. These are the relationships that the government says are clo