Transcripts For FBC After The Bell 20240712 : comparemela.co

Transcripts For FBC After The Bell 20240712

The citys Minor League Baseball team. Well have more on the location later in the hour. The big story on the city, President Trump was also here in charlotte addressing the Republican National convention after officially securing the delegate meeting to be formally nominated for a second term. President trump i want to thank the people of North Carolina, to be honest with you, i felt an obligation to be here. You have a governor in a total shutdown mood. I guarranty on november 4th. It will all open up. You know these democrats governors they love shutdown until after the election is over because they want to make sure numbers look as bad as possible. Reporter president moved on from the Convention Center to other parts of North Carolina. This hour he is headed to South Carolina before flying back to washington where there will be more Convention Action this evening. This state might very well be a mustwin for mr. Trump if he wants to serve 4 00 more years at the white house. Last time he did secure victory here, defeating Hillary Clinton by a little over 3 1 2 percentage points. If you look at it in this cycle, the polls show the president trailing by a little bit. The most recent polls, his challenger joe biden in North Carolina. Now that said, we did find plenty of support for President Trump in our own travels around the state. Have you decided between trump and biden . Yeah. Trump. Connell tell me why . Why . Connell yeah. Biden has been in there for 40 years and he hadnt really done much of anything. Connell who are you for . For biden. Connell tell us why . Because i dont want trump. Honestly im disheart inned by both candidates. Letterser of two evils. A trait republican ticket. He lowered taxes and eliminated payroll tax for the rest of the year to support people. More money in peoples pockets means better economy. Means they will be spending more money in the hand to spend. Straight up economic. I think people are afraid to say im a trump sister or im for joe biden. I think there is bad and good on both sides. Connell much more to come from here in North Carolina throughout the show. Were going to take a close look at a very Important Senate race being contested here. That is just a few minutes away. Melissa. Melissa all right. Looking forward to that, thank you so much, connell. Our own blake burman is live at the white house monitoring what to expect from the first night of the Republican National convention. Blake. Reporter melissa, President Trump will speak here at the white house thursday evening but republicans clearly coming into focus as the Republican National convention is underway. Among the keynote speakers later this evening the president s son, donald trump, jr. The former u. N. Ambassador nikki haley. Senator from South Carolina tim scott. In charlotte this afternoon, republicans as you heard from connell officially nominated the president to the top of their ticket and the president contended that the election will be fraudulent due to mailin voting. Watch. President trump this is the greatest scam in the history of politics i think and im talking about beyond our nation but what it means is theyre trying to steal the election from the republicans. That is what it means in a very, very nice way, i will tell you they are trying to steal the election. Reporter back here in the washington, the head of the Postal Service louis dejoy testified in a contentious hearing before the House Oversight committee. Dejoy testified in front of the senate that the Postal Service will be able to hand dealt election. He was asked today about mail sorting machines being removed. What is the harm, if the machines dont do anything what is the harm to do it until election day and in washington makes plenty of sense. To me it makes none. You havent explained why. Because theyre not needed. Thats why. But if it will restore peoples faith in a democracy and aa polarized election. Get the billion, around i will put the machines in. Reporter melissa, set all that aside for a second. Tiktok today filed a lawsuit against President Trump and the commerce secretary wilbur ross for the president s executive order that could potentially lead to a ban of that videosharing app. The u. S. Government through the department of justice not commenting on that lawsuit. Melissa, back to you. Melissa meantime i wont let my kids have it. Blake, thank you for that. While President Trump is in North Carolina touting the economy the democrats are holding on to the funding fight over the Postal Service. Here is Dan Henninger from the wall street journal. He is also a fox news contributor. So, dan, what do you think of that split screen . You have beloved congress who the whole public is just inspired by, has so much confidence in, theyre bogged down talking about the post office which im sure will finally get fixed after all this time. On the other side of the screen you have the president doing the rnc. Here are some of the topics, monday land of promise. Tuesday land of opportunity, wednesday land of heroes, thursday, land of greatness. How do you think these things stack up, and what does it look like from home . Well, from home it looks like a catfight as usual but were having an election and what determines the outcomes of elections, melissa . The basically it is who gets the most votes and i think that is what is going on here especially with the post office and especially with the democrats. Were in a pandemic. A lot of people are not going to be voting in person. So the big goal for both parties is voter turnout one way or another. And i think the democrats, watching that Convention Last week made clear to me, anyway, that they have a, they think they have a problem with turnout. Their coalition is based in large part and convention made this clear with all the appeals, their coalition is based in large part on voting by black americans an young people, millenials. But those are two groups that his tore cliff and often turn out at below average numbers, College Students and black americans. So i think what theyre trying to do is induce them to vote one way or another using the mail and, it is a big problem for them especially with young people. College students, who basically dont even know what the mail is. Forever stamp like whats that . So i think that the democrats are flogging the post office issue to get people to actually go out to vote by mail. Otherwise they could lose to the trump base which i think is much more willing to turn out and show up in person on election day. Melissa you know, that is such an interesting way to look at it because yes, of course my kids think stamps are stickers. Theyre not used to get anything of value in the mail. The only thing that comes are catalogs and junk mail but at the beginning of the dnc, it seemed like it was about trying to appeal to the middle ground, to the independent voters the way they minimize sanders and aoc, they brought out republicans to say, this is really about centrists politics. By the end it seemed to be what unites us all, we all hate donald trump. It is that hatred of trump that should energize you to vote where on the Republican National convention, trump every night, it is the love of trump should get you to vote. Maybe it is about each side getting basically the most people out in general, how do you think vote by mail thing ends up then . It is very critical. We know new jersey is flooding the zone, sending ballots out everywhere. I mean, do we end up having a lot of votes not counted or go on for weeks . Yeah. I really think were heading toward as crackup. I do not agree with President Trump the democrats intend to steal the election this way, nor do i agree with the democrats that trump is somehow trying to destroy the post office. I do think it is true though, because of the pandemic, because of the reliance on the mail, because of the fact that so many states allow people to mailin ballots within a week of election day, we really are heading toward as situation on november 3rd where we probably will not know the outcome or the results in at least six or seven of the key states. I think both democrats and republicans trump team are setting up to litigate the out comes by blaming the other. That is large part with the democrats teeing up postmaster louis dejoy, they will blame him somehow damaged the election outcome. I really dont expect to know the evening of november 3rd or the next morning who is president because i do think this mail problem is going to create, something of a crises for a while after the election. Melissa so the reason why id is that on a show that is about money because were seeing a lot of confidence in the market today. That is why we see some records on wall street. That kind of uncertainty would definitely be bad for the market and, you know, would make it difficult to go forward until we knew the outcome. How would you brace yourself for that financially, dan . Well, i think i would sit tight. Would i keep my powder dry. I have agree with previous commentary on fox business that a biden win is going to be bad for the economy and bad for the markets. I dont see how it can be otherwise. He seems to be leading in the polls so far. And, perhaps the, you know the markets are expecting the race to tighten at the end, but i dont think theyre anticipating the possibility of significantly mitigation Going Forward over the results of those elections because of delays in the mail. You remember the florida and hanging chads back during the bidengore years, the bushgore years and, man, that was a mess for weeks and weeks. Melissa yeah. No, it was really painful. Here in new york we waited six weeks just to find out who our local representative was going to be on the democratic side from the primary. That was a teeny, tiny race with just the dems deciding who was going to run against the republicans. So on national level, i cant imagine. Dan, thank you for that. We will buckle up for sure. Connell, over to you. Connell talk more about the rally, melissa we saw on wall street as we bring Lauren Simonetti to talk about the record highs. Lauren . Lauren after that conversation, we should say enjoy it while it lasts. The catalyst was the Trump Administration fast tracking of covid19 treatments. You have nasdaq three record closes in a row. The s p 500 backtoback, new records. Look at this, the first close ever above the 3400 level. The dow is within 1300 points. Thats it. Of its february high. As the fda authorized using blood plasma from recovered patients to treat very sick Covid Patients plus the Financial Times report that the Trump Administration is considering emergency use authorization for astrazenecas vaccine by election day. You have that medical news. Data indicating the recent surge in infections is starting to level off. It boosted travel stocks, boeing, number one by far on the dow along with apple. Then you have carnival, american, united airlines, they all led the s p 500 with really sizable gains. With the hope of a vaccine travel comes back. Domestic flying is still down 70 from last year. Then you have the story, this is so creative, American Airlines clinched epa approval for its texas operations to use this new surface cleaner to kill coronavirus germs on its planes. So theyre trying to convince us, look it is very safe to fly. Well see if it works. Connell . Connell we will, thank you, lauren. Lauren simonetti on the markets and more, coverage from battleground North Carolina continues at this hour. A lot more to come. The president has been here on the stump making his pitch in person to voters in this key melissa, the first state to start voting through the mail. They start here early next month. Melissa that is exciting. Plus an Outdoor Learning plan in in new york city. How mayor bill de blasios latest move weeks before schools set to open in manhattan. Is it enough time to get a plan in place. Tons of time. Backtoback storms threatening the gulf coast. Residents bracing for a double hit. Were on the ground in new orleans where things stand. 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Which was pretty soon. We spoke to voters on thoughts on different ways they can vote . I think voting by mail is fine if you have the processes in place to do it correctly. Probably will put on my mask to vote in person. I think voting by mail is definitely a good idea. I dont know why some people are opposing it. I dont have any reason not to vote in person. Connell in addition to the president ial race, many of those folks that you are looking at there will be voting in a very Important Senate race in this state. A lot of investors will look at senator thom tillis fighting for his political life. Currently polling below his democratic opponent. Theyre looking at it. This is one of the race that could help decide who controls the senate next year. I spoke with a republican senator last year. We talked about the election in detail. Today im here with business, meeting with businesses across the state who benefited from the Paycheck Protection Program. It is important we hear their voices because weve got more work to do. Today is success story. Keeping people on the payroll. Keeping business moving. I will guarranty you the president would want me here talking with these businesses that weve still got to place as a priority and all the people they employ. Connell i want to talk about the ppp, which is something at fox business weve been focused on in the last few months. I notice youre underperforming President Trump in the polls here in North Carolina, headtohead with your opponent, versus how he is doing headtohead with his opponent, coupled with that with no speaking slot at the convention . Does that hurt your chances on reelection . Were you disappointed not being selected. Not at all. We show the sharp contrast between mee and my opponent. My opponent criticized Paycheck Protection Program while his own company was in the process of that. My opponent has history of raising taxes. I lowered taxes at the height of a recession. He raised taxes. That contrast does well for us. That is why we will win in november. Connell are you in step with the diehard Trump Supporters . We have strong support. I was on phone call with number of grassroots organization. Well win the day. Well work hard to get the president reelected. Well get reelected and to hold the majority in the senate. Connell Paycheck Protection Program, you mentioned that, money helped businesses like this, helped them keep on the payroll, so they didnt get laid off. The money has been gone for businesses. Congress recesses without additional stimulus being provided how did that happen . Chuck schumer and nancy pelosi dont want to get anything done and follow up issues with regard to the cares act we have a proposal for pave check extension simplifying forgiveness of 120 businesses got it in North Carolina and millions across the country. Providing more funding for health care, more funding for education, more funding for vaccine, accelerating

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