dig into some of this. mat schlapp is the chairman the american conservative union. matt, good to see you. good to be with you again. paul ryan is a fund-raising machine. he is. that s something that is important. is that going to continue? can he continue to raise money for republicans if he s resigning? well, inthe bigger impact for paul ryan is he has been a thought leader for a hoang item. he and i were actually staffers together a long time ago in the house of representatives. he s a very smart guy and has a sponge perspective on government you are right, it surprised people when he became the speaker that he became a fund-raising denom. i think people are worried about the fact that they will take a hit on the money side. clearly, the majority is at stake. but the only thing to keep in mind is that unofficially a gun will go off to replace paul ryan. that will be a money chase as well. i think on the money side the republicans will be fine with the decision where is you
the scene from the godfather. we so often have to go back to the godfather with this administration for points of reference. but when they got rid of the five heads of the other crime families in one swoop, and i feel like the purging that you ve seen of staff over the last few days and week is about mueller and is about anxiety about having people like rex tillerson around who might be seen as wanting to have a responsible reaction if mueller comes out and says, wow, there is deep that there is collusion on the money side that trump is compromised because of money and people like him being uneasy about that and wanting to have a wartime cabinet that will defend him no matter what. hope hicks leaving, the body person that left a couple days ago. i feel like that these, when you see a lot of movement in the white house, remember they know what s happening with mueller more than we do.
of money. is there a reaction from anyone inside the pentagon to that? on the money side, they simply don t have it costed out yet because as the secretary is saying, they haven t come up with the final options. if you have f-35s taking off from the national mall, that would add to the price tag. depends on what the menu looks like, just how big a procession is it going to be? we have a kparngs because the 1991 parade cost $12 million in. in $2,017, that would be $22 million. here s five of the seven million was paid for by private funding. that is something i picked up in the hallway now in the last couple hours, that you could have private sourcing of funding for this. republicans and the secretary of defense feel like they re getting criticized for it, they could get private money for it. is this money well spent? that s the question
new volatility if they re no longer able to use that as a buffer against president trump making a move to fulfill promises about trade that he made on the campaign, majority of his party strongly disagrees with. shepard: outside of politics, on the money side, ashley, tomorrow people will process this throughout the rest of the day. tomorrow they ll make decisions about what they re going to do. they will. they ll talk to their brokers and say this will have a big impact around the world. the asian markets will pick up on it and follow to europe. follow the lead of the u.s. markets. i don t know. it s a very good question. certainly the psychology has been shaken a little bit by this sell-off. there s so many analysts saying this is what we needed finally. flush it out. let s get rid of this what is the world that alan greenspan used? shepard: irrational exuberance. thank you. a little bit of that.
bannon also for republicans that are not bannon republicans, which for the last two years has been the majority of the party, took a beating on the money side. not only had he lost a serious funder in mercer but there were big republican ceo conservative principles pact, who was supporting roy moore, dick uehline, six figures into this race. bannon is not going to be able to do what he says he will do. so this seriously sets back changing the republican party. peter king giving so much legitimacy to bannon.