[bleep] >> they just is literally move methodically forward, peeling away all those barriers and hen the people themselves. >> free, free palestine! [inaudible conversations] [background sounds] [bleep] neil: man, oh, man, what a weekend. we are not done, my friends. welcome, everybody. after that we are now looking at more potential problems this weekend as a crackdown at several anti-israeli protests continue to overrun colleges and universities. at least one graduation ceremony has been disrupted by it and at least one canceled because of it and we, well, we're all over it with the former police chief in l.a. and served that same function in new york, bill bat bratton, on how authorities can put a stop to it and congresswoman virginia foxx who will ban loan forgivenesses from students participating in it. plus, another week in new york in a courtroom for the former president of the united states. right now courting donors and potential running mates in palm beach, florida. can he position himself in this increasingly violent and protest-prone society as the law and order candidate hike one richard a nixon did back in 1968? if i can remember that. i don't know if a lot of other phobes of a certain much younger age could or can, but we'll try to tie the two together. happy weekend to you with, welcome, everybody. it's been a scary week. now the question is, where do we go from here? first to the white house and how the administration is trying to address all of this without dividing the country all the more. lucas tomlinson has more. lucas. >> reporter: well, neil, ten days passed between president biden's comments on anti-semitism the on earth day and his formal remarks here at the white house thursday as protests, sometimes turning violent on college campuses, across the country raged. >> there's no place for hate speech or violation of any kind whether it's anti-semitism, islamophobia or discrimination against arab-americans or palestinian-americans. it's simply wrong. >> reporter: peter dos she fold up at the press briefing yesterday where he also asked about those fraternity brothers at chapel hill who saved the american flag. >> reporter: does he think islamophobia is just as big of a problem on campus as anti-semitism? >> the president's always going to call out all forms of hate. always. look, protecting american flag is add a initial -- add a initial. i'll leave it there. >> reporter: neil, yesterday afternoon i joined you from the campus of george washington university where the statue of george washington has been defaced and is draped by the palestinian flag. there was a little library set none a tent in connection to the statute, no sign of the prize-winning biography of our first president. we also saw this giant american flag unfurled by the gw staff, we heard the call to prayer and an imam preached next to the protesters. this was also an art tent last night the protesters superimposed this image on the american flag. as you can see, it reads -- if you have it -- it says genocide joe, something these protests -- some think these protests bear the hallmark of 1968. you spoke to presidential his etorian douglas brinkly on your show yesterday. >> the democrats are meeting in chicago this august which was a symbol of the battle of michigan avenue -- neil: right. >> -- where police, rioters and anti-war people clashed. it is ringing a lot of nixon 1968 bells this year. >> reporter: former biden press secretary jen psaki's going to give the can commencement address to the gw students two weeks from now, is and it's notable some of the students said those protesters were trespassing on private property. we called the school, they asked the d.c. police -- neil: lucas, is that statue still defaced like that? has anyone made any if move the clean it up? if. >> reporter: it's still defate faced. i left yesterday during "special report," and it was still on george washington as well as the palestinian flag. neil: so the encampment has been mostly taken apart for, but everything -- >> the encampment is still there, neil. not sure with the weather and the. rein this weekend, but the encampment is still there, the tents are up, and the statue of scworming washington is still defaced. neil: so the university is doing nothing itself to address that part of it. >> reporter: correct, neil. neil: incredible. thank you, my friend. i want to go to natalie versace, she's a junior at ucla, president of the students supporting israel. talk about the university that got pretty scary this week. natalie, very good to have you. how do you feel about all of this, what you'ven countered at -- encountered at ucla, what students like yourself are dealing with this, students whether jewish or not that are caught up in this and they don't want to besome. >> thank you so much for having me today. mixed emotions this week. we have seen not just here at ucla, but cam campuses across the country displaying anti-jewish andup-american action. the spike has been more than jews including it's tough to even fathom. on top of that, what we have mainly seen is graffiti swastikas, the jewish star with clear instructions wrote on campus to invite students to participate in stepping on this symbol. we have seen our american flag that was once waving high and proud on our campus replaced with the palestinian flag. that is clear anti-american. we have heard for the destruction of the only jewish nation, israel. jews only make up 22.4% of the u.s. population. today it is us. tomorrow it can be you. neil: you know, or natalie are, what's remarkable is some universities try to find ways around these protests, and maybe their heart's in the right place, but they might be making a pact to something far more controversial. i'm talking about brown, rutgers, north western. there might be others that make this list dated, natalie. but essentially, they are going to allow or put up for a vote a measure that would allow universities to divest themselves and companies that do business with israel. i wonder though if that vote were defeated, in other words, that divestment was not allowed whether we'd only see more protests and that would trigger still more trouble. >> of course, yes. and, unfortunately, we are falling victim here at ucla of pro-hamas, pro-terror demonstrations here on our university which led us to our campus being defaced. and we are suffering the post consequences of allowing and tolerating the encampment that was clear this past week at ucla. it's been a very scary, very intimidating time not just for the jewish student, but for all students alike. neil: you're watching up your junior year, i understand. i hope i've got that right, natalie. you want to go to ucla in the fall? >> absolutely. i mean, i prayed and hoped to get into ucla, and and it has been my dream school. but the spike in anti-semitism on campus has been unbelievable. and to me, i wouldn't be surprised if the incoming freshmen that are jewish are second guessing their decisions. yeah, i wouldn't be surprised. neil: what would you tell theming those incoming potential jewish students? >> so in my leadership role of students supporting israel, i want to let them know that they do have a community that there is like-minded individuals that are ready to embrace students that are support i have of israel -- supportive of israel, that want to have a sense of community and also feel that safety net that you are not alone. neil: natalie, you're a remarkable and very young woman. thank you very much. keep us posted how things are going. >> thank you. so in terms of what's going on now, it has been a complete disaster on our campus. we have defaced our beautiful facilities that students pay very good tuition for. there's graffiti, there is lots of trash, and i would just love to know if in part of their demands, was there a portion set aside for all this cleanup that was expected, or who is supposed to clean this up exactly? i think that ucla should restore the expectations that come with being the number one with public university in the nation by you holding his -- upholding its standards that all students should abide by. but unfortunately until then, we are waiting by. neil: yeah. i see this happening across the country where all the troubles in the encampments, some of them still very much in place. natalie, thank you. i want to go to bill bratton, former nypd commissioner, served that same role in los angeles. what do you tell this young woman and those she reaches out to, younger student is still to come whether it's ucla or other schools, whether they're targets, whether they should? [no audio] >> well, effectively she's a very articulate and sincere young woman, quite obviously. keep up the fight. the common if thread through all of these demonstrations on the 40 or so campuses that have had them is this virulent anti-semitism. as much as they're trying to project that it's pro-palestinian, pro-gaza, human relief issues, that is actually almost obscured totally by the very so overt or anti-semitism being exhibitedded by so many of the demonstrators. so that's an issue that is creating fear not only among the jewish students and faculty, but among those larger populations on those campuses. one good news aspect of this is these demonstrations usually involve several hundred individuals. ucla has a student body of 30,000 students, 30,000. and at the height of this demonstration, there were several hundred including large numbers of outsiders who aren't actually students. so let's keep it in con detective -- context. this is not a huge movement. it doesn't involve tens of thousands of participants. it is accomplishing what it is intended to do though, attracting a lot of publicity to their issues and their cause. and in some respects, that's good. because what is the primary purpose of the cause of some of these demonstrators? anti-semitism. and also a, basically, anti-u.s. hatred. neil: more on the anti-semitism the side than not. but it does trigger still more protests. i know we start thed out with about 6 or 7 bold-faced name institutions, ivy league schools and, of course, it's spread e to your point now better than 56. but having said all of that, bill, what would you say to some of those schools that try to deal with this and negotiate with the protesters? i'm talking about brown and rutgers, northwestern that are opening up to -- to putting up for vote a measure that would at least allow the universities to put up or vote when they should be investing in companies that do business with israel? do you think that that maybe with the best of intentions could complicate things especially if the vote don't go the way some of those the anti-israeli protester want? >> well, i have a prediction for you -- [inaudible] just the very nature of investment policies will preclude that a the from happening. so thisser issue is not going to resolve itself for the time being by the amelioration of some of those complaints and the idea of having further negotiations. negotiates -- negotiations are always a preferable to acts of violation. each school has to make its own decision as to what it's going to do. and that's been the case, we have 50-some-odd campuses that have been affected, and we're seeing a wide diverse the city of response. those who are bringing in the police, those who are negotiating. a mistake that all of them have made if my per if spective is this idea of -- per if spective of this idea is when this first began, when that first tent was allowed to be put into the campus area and not taken down, it's like the old broken windows theory which i'm a significant advocate of in policing. if you don't take care of the little things, they become very big things. if you don't take care of the minor disturbance, the miles per hour violations of the rules and regulations of the school, the minor things that are included in the code of can conduct, then if you don't deal with that directly, they become much bigger. and we're clearly seeing that on campus after campus after campus. the issue you just raised about the george washington university with, it's outrageous that that statue of the founding father of this nation is still cover covered -- neil: incredible. >> outrageous. neil o'neil bill bratton, we'll see what happens and whether any of these institutions heed some of your advice. it seems pretty sound and noncontroversial. former police chief and new york is and los angeles, bill bratton, on that. there's a move afoot to sort of defund some of these institutions that allowed this to happen and even go after the protesters, some of whom have seen their student loans forgiven. i want you to meet a congresswoman who says that's got to end as well after this. . so, we have answers. like how to keep your yard looking lush. which paint color matches your bold style. and with the mylowe's rewards credit card, you can save 5% every day. you got this. and we got you. try killing bugs the worry-free way. not the other way. zevo traps use light to attract and trap flying insects with no odor and no mess. they work continuously, so you don't have to. zevo. people-friendly. bug-deadly. there are many ways to do things. at old dominion freight line, we do them this way. this way has people who start early. people who care and inspire each other to do things the way they should be done. this way uses technology (♪) and goes the extra mile (♪) to deliver your promises on-time, every time. this way is why we're the number one national ltl carrier for quality. for us, this way is the right way which is why it's the only way we go. neil: all right, taking a quick peek at the george washington university campus. the flag is still there, but poor george is still defaced. the statue of george washington here, they've done little to correct any of this on the campus here because it does look, as lucas tomlinson was raising earlier, that that encampment is still in effect. maybe not as big as it was, and university officials are hoping it's the end of the school year, they're getting exams, this wraps up so don't do anything the agitate things, but i think if you're looking at that statue of george washington defaced, you're thinking, really? you can't clean that up? our next guest is probably asking the very same question. virginia foxx is the republican north carolina congressman, chair of the education and work force committee. congresswoman, very good to have you. what do you make e when you see images like gw and the state it's in right now, other universities where some of the encampments are coming down, but not nearly fast enough for a lot of people's taste? the what do you make of all that? >> first, thanks for having me on today, neil, and thanks for keeping a focus on this issue. it's disgusting to see what's been happening on these campuses. the defacement of buildings, the destruction of property, the threats against jewish students. our focus is on protecting all students. we want all students to be able to study, learn and get their degrees done. you're right, it's getting close to the end of the year. but the violence that's occurring toward the students as well as toward the buildings is absolutely disgusting. and to wrap george washington in that material is, it makes you want to throw up. neil: so, congressman, you've been with calling into question some of these schools that get some federal funding and questioning whether they should get at least as much. you've gone so far as to say that some of the students who are convicted in these protests and might have had some of their loans forgiven or cut entirely shouldn't. maybe you can explain. >> well, the president has been doing a lot of illegal things as it relates to the student loans. the supreme court told him he couldn't do what he wanted to do, so he's working around it. but we certainly don't want to support students who participate in illegal activity it is on the campus. we have a whole of congress investigation going on now, and we want to do everything that we can to see the taxpayer dollars are not wasted on these campuses. we'll be looking at every mace that they get money from research grans to financial aid. we already are tacking the endowments -- taxing the endowments of 38 of the largest endowments in the country. we want to look at everything. i'm very pleased with what speaker johnson has done to allow our committee to be the lead committee, but to work with five other committees on all of these issues. neil: got it. congresswoman, thank you very much. have a staff safe weekend with. virginia foxx of the beautiful state of north carolina. university of north carolina, others have had their protests as well. >> thank you. neil: a broad swath of universities and perceived political views. in the meantime, taking a look at donald trump wrapping up that hush money trial this week. he's in florida today courting some potential vice presidential candidates and raising money. but it's what came out of the last day of the trial this week with hope hicks that's raising some eyebrows and maybe for the former president some concerns. after this. on your credit cards lately? get ready for a shock. the rate on credit cards is now over 22%. if you want to save hundreds of dollars every month, pay off the balances on your high rate cards with a lower rate va home loan from newday usa. and get the financial peace of mind every veteran deserves. no one takes care of veterans like newday usa. harry & david makes mother's day easy. share a gift, made with love, with the mom in your life. choose from hundreds of stunning baskets and towers. it's the perfect way to say thank you - for everything. harry & david. life is a gift. share more. neil: all right, former president donald trump has wrapped up 11 days of, you know, this trial, this hush money trial going on in new york. he's had to juggle that with campaign appearances, one big event planned in florida today is not only an opportunity to court donors, but also to try out and maybe show off potential running mates that are the in the list of half a dozen or so who might get that very job. nate foy wraps up how things went in new york. >> reporter: hey, neil, good morning. a former adviser to president donald trump provided new insight into his mindset as women came forward in the days leading up to the 2016 presidential election claiming affairs that trump denies. hope hicks said trump was very much concerned with his family, specifically his wife, former first lady melania trump, saying he didn't want his family to be embarrassed by anything that came out during the campaign. hicks said trump requested that newspapers not be dropped off at his home because he was worried about melania with seeing the reports. here's trump after court friday. >> i was, i was very interested in what took place. though i'm not allowed to comment if on any of that, as you know, i'm under a gag order which is very unfrom precedented. >> reporter: prosecutor and former top doj official matthew coangelo led the examination of hicks, heed asked her about meeting former american media ceo david perk. hicks says she are remembers seeing pecker at trump tower buzz doesn't recall a meeting -- but doesn't recall a meeting. she also said michael cohen injected himself into campaign activities saying cohen liked to call himself mr. fix-it, but hicks said things only needed fox 5 at 5ing -- fixing because cohen broke them first. trump claimed a recording cuts off and is misleading. now, neil, we also have confirmed that trump has paid $9,000 in fines related to 9 separate gag order violations. while entering court on friday, trump said e his lawyers are going to file a challenge of the gag order because they believe that it's unconstitutional. the trial resumes monday morning at 9:30 with a new witness on the stand. we'll send it back to you, neil. neil: all right. we'll find out who that new witness might be. michael cohen will be testifying himself. john yoo is with with us now, uc-berkeley law professor, former justice thomas law clerk. he me ask you firsten on the bag order, an interesting development that struck me, the prosecution wanted to maybe take this a little further and cite the former president for these gag order violations. her chan was saying -- judge merchan was allowing this to become an even bigger issue would be so prejudicial that it would be very, very difficult, quoting him, for the secure to look past that. what did he mine by that, and -- mean by that? >> good morning, neil. my overall impression is that the gag order shows that the judge is in water over his head becausest he's failing to recognize that plump is not just a -- that president trump is not just a regular defendant. he has a first amendment right as the candidate for the republican party to speak. that's the core of the free speech clause in our constitution. so i think what you're seeing here on the day-to-day trial is judge her. chan might have realized that, and maybe he's trying to pull back from the overbreadth of his gag otherwise. and maybe now he'll stop the actually sanctioning trump the issue by issue, event by event. you also see donald trumping as you saw in the clip he just played, is also a saying i'm under a gag order, i'm not going to keep talking about the witnesses and the trial in a way that's prohibited. so maybe tear both coming to a kind of compromise with each other. neil: so the reason why i asked acted about it is couldn't judge merchan make this ease she on himself by saying, all right, what apies -- applies to you should apply to michael cohen? >> i think that's right. it doesn't make any sense, it seems to me, for the judge to put donald trump under a gag order and prohibit him from saying outside the courtroom, a, what everyone else who are going to be witnesses are saying outside the courtroom and then also the gag order's preventing donald trump from saying outside the courtroom what his very lawyers are going to say inside the courtroom. why shouldn't the public be able to know exactly what's going on inside and if donald trump wants to reveal the attacks that his lawyers are going to make on michael cohen or or other witnesses or lay out his theory of the case, why doesn't the judge just let him? the whole point of the free speech clause is for the public to be able to learn about and discuss issues of importance to our elections. neil: i want to also touch on your response to, your take, certainly, on hope hicks' testimony. she didn't want to be there. she got upset, was crying briefly, then calmed down and answered the questions. i understand all of that. the defense said that she painted donald trump in a friendly light, that he was concerned some of these revelations about payments to porn stars and others, you know, would be something that he didn't want his e wife to have to endure down to explaining how he had requested that newspapers not be made available at his residence so that she could read them. but prosecutors, couldn't they take that to say that this is yet another sign how some of these damaging stories -- whether true or not -- were all a part of the scheme to illegally influence the 2016 election? that's what the prosecution is saying. and anything that furthers that argument whether it looks good and un, for the former president or not, isn't going to take that argument away, that this was all about a trying to influence that election. that's what they keep insisting. >> with let me say hope is a friend of mine, and it's terrible to have to see her undergo this kind of pressure. i didn't see it, the trial's not televised, but it sounds to me like she told the truth clearly and without -- we'll see cross-examination, but i don't think there's going to be any doubt about her testimony. i think the prosecution made headway in all these witnesses, just by showing that president trump was, wanted to make sure that these stories didn't yet out. that's the facts that they want to get out. but the problem is that the prosecution doesn't have law on it side, because the more that you can show that donald trump -- here's actually the prosecution is inadvertently showing thattop trump is trying to protect his -- donald trump is trying to protect his personal reputation where it looks less like a campaign contribution violation. neil: very interesting. the trial does reassume next monday in new york. the president, former president, will be there for that. meanwhile, a lot of parallels with all of this going on, not just this trial, but all these demonstrations, protests at campuses that it's 1968 all over again. i literally wrote the book with on that. after this. there are s romantic. [bell sounds] welcome, i'm your host, jacob. hi. how was the weather getting up here? fine but, you know, i think we're, we're just going to go up to bed and— do you believe in ghosts? 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[no audio] can you hear us, james? >> yes, i can. neil: all right, good. i wanted to get your take, first of all, on those parallels. a lot of people are leaping, maybe myself, prematurely. but do you find those pair hells in for democrats, could that be a worry and for joe biden specifically so? >> oh, no question. i mean, in some ways it's really pretty eerie right town to the fact that the convention this year is in chicago as it was in ooh '68. neil: who came up with that idea, by the way? >> what's that? yeah. neil: who came up with that? >> i don't know. they obviously weren't thinking about that at the time. so, you know with, '68 was a catastrophe for hubert humphrey, for the democrat contact party, in some ways even for the anti-war movement because it was seen as so chaotic, riotous and undiscipline9. -- undisciplined. there's a real threat from biden's point of view that 20224 the could look like that. it's only wad for him. you can see -- bad for him. you can see he's trying to thread that needle in the statements he made we the other day where he said we welcome dissent in this country, but we can't accept law breaking or violence. neil: you know, james, i look at it though in threading the needle -- and i understand, you know, the finesse thats has to come with that. but maybe this isn't the time for finesse. maybe this is the time with he's trying to, you know, rally support in a battleground state of michigan. i don't want to be cynical about it. he risks losing support in all these other states that he could count on if he broadened it out, if he had a bill clinton moment to take on a core base of the party. he's not doing that. >> so that's, i think, the tough question politically. because you're right, i mean, hubert humphrey lost in '68 because of people the his right, not because of people the his left. those folks, the anti-war group, mostly came home. he did well in progressive states and, yes, he lost in ohio, he lost in illinois, states that -- blue collar states the democrats expected to win. i think the hard part for for humphrey then and for biden now is that sister soulja thing which i think would be kind of cynical, but politically a good calculation, you know, biden doesn't want to sheer off the -- shear off the whole progressive wig of his party. so even leaving aside the merits, it's a tough political question. he, would be probably politically better off if he could find some way of mollifying the protesters, showing that he has some sympathy with their position without in any way appearing to take their side and, thus, losing people to his right. that, you know, if hubert had done that in '68, i don't think it would have changed the outcome. it might have helped. neil: you know, i'm thinking, if i remember 1968 -- a lad at the time -- but i remember george wallace, i remember as a third party candidate he got 48 electoral votes. that didn't help hubert humphrey, and now i'm thinking of rpk jr. and other candidates who in some key states could do the same thing. they could affect the vote and therein again lies another parallel to '68. what do you think? >> well, from my point of view the parallel with wallace is donald trump. donald trumps uses today the kind of language that wallace used in '68 which is the language that says there are us true believing americans, and then there are all these bad people who aren't like us. so that populist language which wallace used with end credible skill had lain dormant in the united states really until if trump took it up in 2016. and so, to me, one of the striking things about this is that when wallace did this in '68, it was considered beyond the pale. you just didn't talk that way. america has changed a lot since then. and what was considered extremist language in '68 has now been normalized by trump. neil: so let me ask you, you wrote a column on this to that effect, but we're so focused on '68 here and the potential for democrats that we lose sight of 1948. that, too, hubert humphrey was a key player in a a difference can way -- different way, but it was a rah race where harry truman was thought to overwhelmingly lose, and he shockingly won. so who says it can't be something like that? >> well, neil, thank you for bringing up that now-neglected moment. 1948, obviously very brief, was an extraordinary moment when hubert humphrey basically as a young man, the mayor of minneapolis, 37 years old, forced the democratic party in the if face of the southern control of the party to take on a serious civil rights plank. and interestingly, truman was horrified and thought i'm going to lose the south -- neil: that's right. >> and he was certain, everyone knew that. and then truman mounted this incredible comeback and stormed to victory. and i point out in the book and in the article that hubert humphrey's career was bracketed by these to conception -- conventions. one heroic, the other tragic. neil: that is well put. james, an honor having you are. i want to steal you back again if i can. >> okay, i'd love to. neil: true believer, hubert humphrey, two different perspectives from 1948 to 1968, two very deferent outcomes for democrats. all right, one outcome we can assuredly predict for all americans, the irs is looking at you and your tax returns and this notion that it's only going after the rich are, the math and the early indications are not so. after this. cts come with questions. so, we have answers. like how to keep your yard looking lush. which paint color matches your bold style. and with the mylowe's rewards credit card, you can save 5% every day. you got this. and we got you. with so many choices on booking.com there are so many tina feys i could be. so i hired body doubles to help me out. splurgy tina loves a hotel near rodeo drive. oh tina! wild tina booked a farm stay to ride this horse. glenn close?! with millions of possibilities you can book whoever you want to be. that's my line! booking.com booking.yeah life with afib can mean a lifetime of blood thinners. and if you're troubled by falls and bleeds, worry follows you everywhere. ♪ over 400,000 people have left blood thinners behind with watchman. watchman is a safe, minimally—invasive, one—time implant that reduces stroke risk and bleeding worry, for life. ♪ watchman. it's one time, for a lifetime. neil: all right, it's been a few weeks, i'm sure most of you have paid your taxes or at least sent your tax return in. there's no guarantee though that the irs is done with you. depends how this targeting goes of trying to his more money and auditing returns. the irs is officially saying it's focusing on the wealthy, but it's not exclusively doing so as hillary vaughn found out. hillary. >> reporter: well, neil, the irs is setting their sights on the super or rich the make sure they're paying their fair share using billions of taxpayer cash to turn the around and audit americans. the irs releasing their new goals to pepper the wealthy with audits including 2reuing the rates of large corporations with over $50 million -- 200 -- 250 million in assets on large complex partnerships with assets over $10 million and a 50 president increase in audits on well the taxpayers making more than $10 million. treasury secretary janet yellen says it won't increase the chance that anyone making under $400,000 is audited, but while the biden administration insists the percentage of people making under that who get audited will not increase, that's not exactlily a sigh of relief when about 90% of all a audits are on american taxpayers who make less than $400,000 a year with. neil? neil: thank you very much. hillary vaughn on capitol hill. we'll be monitoring that closely, as i'm sure some of you will just in case the irs sends you a letter. in the meantime, a reminder about old days that are coming back to haunt us or fears not only of inflation not going away, but a potentially slowing economy that might not go away either. now, in the old days, back, let's say, in 1980 when ronald reagan was taking on jimmy carter, he coined the expression stagflation. is that happening right now? we're on it after this. people couldn't see my potential. so i had to show them. i've run this place for 20 years, but i still need to prove that i'm more than what you see on paper. today i'm the ceo of my own company. it's the way my mind works. i have a very mechanical brain. why are we not rethinking this? i am more... i'm more than who i am on paper. >> by the very standards mr. carter himself used to measure presidential failure, he that has failed. he promised to bring inflation down to 4. it's now running at a double-digit rates and hit 18.2 earlier this year. inflation is not easing, it is rapidly rising. the double-digit punishment of jimmy carter is not receding. neil: all right. that was the election of 1980, ronald reagan winning that one in a landslide from jimmy carter at the time addressing an economy that was slowing down but rocketing prices that were not. what is traditionally now known as stagflation. we're not seeing really signs of the slowing down part of that. we are seeing rates still the stubbornly high. we had 175,000 jobs added to the economy, the slowest gain in six months. but a gain is a gain, so nothing like the job losses back then. where is this going? let's ask the consumer financial protection bureau director here in the flesh on a saturday in new york in. good to see you, director. >> thank you. neil: you've heard the stagflation thing, you know how onerous that can be to consumers. are you worried about that? >> well, we are seeing the data come in every month, and this is a lot of good spots. you've seen continued job growth month after month -- neil: it has slowed. >> and inflation has been coming down. we have a long range of growth. but there's no question -- neil: it's sticky. inflation lately has been sticky. it's not budging. >> well, and we're with also seeing many consumers and house holds dealing with higher interest rates. so that's affecting them when it comes to their mortgage and especially when it comes to their. >> credit cards where some people are dealing with 30% or more interest rates. and a lot of companies out there, i think, are taking advantage. neil: you know, it's interesting, you and i were chatting about this during the can break, what is the fed if going to do the on breaks. the fact of the matter is market rates have been stubborn. backing up a little bit on addressing this underlying still pretty strong economy that's producing that, but i'm just wondering for consumers who owe or want to buy a house or refinance the one they're already in, that's a sticky problem. >> yeah. you have people who are looking at 7% plus mortgage rates, is and we see in the credit card business that's where really many people are being pinched. the big with credit card companies have raised rates even faster than the fed has. and so we're looking at all sorts of ways in which they are pricing, i think, to or harvest more fees and billions of dollars out of consumers, and we want to make sure that they can't unfairly take that -- neil: now, how do you put a limit on that? if 30% is too high, and i have seen figures like that, is 24% the middle ground? i don't op even know what it is. >> part of it is you want a competitive market. a lot of these big. >> credit card a companies are baiting people are all sorts of pomses and rewards, but they've been -- promises and rewards, but they've been raising rates is so high that we project there's almost an extra $25 billion a year people are paying in interest. and across the economy we are seeing that there's opportunistic price hikes. junk fees, whether it's the airlines, whether it's the tickets, people planning for summer vacation, so i do think we have to crack down on some of these anti-competitive -- neil: -- very legitimate concerns, and i get where you're coming from, but wouldn't the problem go away if the administration has done -- had done a better job of addressing these price hikes? it's not all under their control, and i certainly get that. but that's what feeds the environment where a lot of these folks are put against the walsh they're spending more than they really should because they're against the wall or but the underlying problem is that inflation. get that under control, things won't -- >> yeah. well, look at what some of the categories where prices are being hiked. if auto insurance, some things -- even diapers. we saw all sorts of excuses as to why they had to raise those prices. supply chain shortages, whatever it may be. some of that is gone, and you still see some of those -- neil: but grocery prices are still going up, gas pices still going up -- >> well, look at the news this week of gas prices. you hear an ftc action where there's potentially major oil producers in texas colluding with opec? if you know, we need our gas markets to be able to -- neil: i see what your saying. i always get the impression a lot of people at the white house, i would do the same thing, i wouldn't take blame for anything. i always blame everyone else. evil companies, evil credit card companies, banks and nefarious characters like that, but you've got to take the hit for some of this. >> well, the government has to step up and crack down -- neil: i understand that, but isn't the underlying problem the inflation? not just the biden administration, could be the fed missed the ball on this early on, but isn't that at the core of all of this? >> inflation overall has come down and job growth has stayed steady, but people, many people still are facing pinches -- neil: but they're still spending. isn't that feeding this? the more they spend -- >> well, they're also trying to live their life and get ahead. and that is why, neil, as you mentioned, high interest rates are something that are really burdening people who are trying to take out a mortgage or pay off their credit cards. neil: real quickly, or you don't think this is going to be jimmy carter days. >> well, i think the economy is actually much stronger than we ever expected it would be a couple years ago. neil: got it. director, thanks for coming in. in the meantime, taking a look at some protests planned for today to expand, nothing like we saw last week, but at gw is and some of these others, the encampments are not going away. stay with us, you are watching, fox. because you know the righty to save. stop! save with drivewise and get a rate based on you. you're in good hands with allstate. 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