mohyeldin. let's get started. ■ç president biden is heading the fundraising trail today with events in new york and new jersey. he and the first lady visited the hamptons for an event hosted by the hedge fund billionaire before making an appearance at the home of governor murphy. this is an attempt to end anxiety after bidens lackluster debate performance on thursday. it is also necessary after the campaign watched its cash advantage vanish over the last two months, so how did trump manage to out raise biden? one successful and cynical strategy has been raising money off all of his legal■ç troubles including his 34 felony convictions. the fundraising email this week said quote, they tortured me in the fulton county jail and get this, took my mug shot. bizarre subject lines from the emails in the maga faithful, do you need a hug? i love you. but there may be even more cynical and effective fundraising strategies reserved for the donor class -- auctioning off his potential presidency to the highest. in may, the washington post reported that donald trump solicited $1 billion in donations from top oil executives. trumps promise, giving these oil executives the opportunity to shape his environmental agenda including going back biden administration achievements and clean energy and electric vehicles and now, trump has gone full crypto■ç gr after calling cryptocurrency a scam and calling the u.s. dollar the only one real currency. after meeting with trump in mar- a-lago this month, one executive told cnbc that is industry is committed to raising over $100 million in turning out more than $5 million to help trump win this fall, and it is not just domestic policy up for grabs. the new york times reported this week on what they call the pro-israel donor with $100 million plan to electronic. they are referring to miriam edelstein, the widow of former republican mega donor sheldon adelson, whose donation to trumps first campaign helped result in trumpeting the u.s. industry in israel from tel aviv to jerusalem. in a new york magazine story about his demands and a second trump term, ■çquote, top of tha list, israel annexing the west rank in the u.s. recognizing its sovereignty there. given all this and bidens disappointing debate performance last week, the biden campaign is trying to project strength, announcing they have amassed $27 million in the aftermath of the campaign. that's compared to the trump campaign who announced they raised $8 million on the day of the campaign. as we wait for the official filings to see which campaign has actually gotten the postdebate financial bump, one thing is for sure, trump's willingness to put his presidency on sale threatens the very systems of checks and balances required for free enterprise to thrive. it is not a democracy, but in autocracy. joining me now to discuss this is molly, nbc political analyst, and■ç his brown, write and editor and national politics reporter at the new york times. you just came from the hamptons for you were witnessing what biden is doing to make sure that donors feel he is a candidate for them. how was it? >> yes, i have been one of a few reporters following him since yesterday and they have really tried to project confidence that he is the one who is the one who is going to protect democracy, civil rights, they are really trying to underscore the stakes of the election and you are really seeing the president strike this defiant tone that he has been down before and gotten it before, and last night, as i was watching him at this pride■ event, lgbtq gala at the manhattan center, i just had this flashback to 2020 when i was covering him during the 2020 presidential debate. there was this moment in the campaign where he was really down in the polls. he was about to come in with a devastating fifth-place finish but he grabbed -- he positioned all these reporters around him in these drab offices in new hampshire and he basically told us you know, don't count me out, don't count me out and we were hearing from media strategist at the time, pundits at the time were saying it's time, it's over. this is the end of the line for him and it wasn't. many of us in the room were proven wrong later when he went on to win the primary so i thinç that is the same kind of position he's trying to take no . whether it works after so long, after this mood, you know, every single folder that i spoke with, donor and voter i spoke with yesterday was just echoing the same message of dread and anxiety, so it is just a very different landscape for him now. >> one of the thing that strikes me though, molly, is that the same establishment was counting him out. what do you say? >> it's so interesting because i wrote the piece after he losses two primaries in the washington post that said he should drop out, and you know, i read the day i wrote that piece but everyone said he's going to drop out, he should drop out. he has lost his two primaries and you know what? i was totally wrong and in fact, ■çwe have seen historically again, anything can happen. i think we should preface this with we don't know what is going to happen. we don't know what voters are going to say, but you know, everything we have seen with joe biden is he has moments like this for you think all is lost. he's never going to be able to pull it out and that tends to be when he does the best and if you looked -- the next day in north carolina is like a completely different person and obviously there are different circumstances and that cnn debate was hermetically sealed with no sound and we can talk about that but i'm just saying like this is a man who enjoys being counted out. >> talk a little bit about this. one of the things we have discussed in the past is that it gets to the point where you are talking billions,■ñthe second dollar becomes diminishing returns. >> i think that what is interesting is that even though biden had this terrible night, and it is fair to say it was a terrible night for him. >> he said it. >> i think that he got better as the night went on but based off of that performance, money poured in for biden. people open their wallets and said okay, we know you were not at your best but looking at you next to the other guy, we still think you have to be the person to move forward and that trump has to be defeated, and the fact that the trump campaign raised $8 billion, which is a good amount postdebate for someone who spent the entire time lying and not really answering questions, it would be interesting to see how much of that -- how much that increase stays flat moving forward and whether with the fec ■çfilings for the month, if we can pinpoint if there is a bump at all. if there is, though, they're going to have to hold onto that bunk for a very long time. there are months until the next debate. we have all summer where things could happen and donors could make the decision about whether they want to open their wallets now or hold on to see what happens with biden and i think that could come into play down the line. thankfully, the biden campaign has a lot of money in the bank right now. the trump campaign is catching up in terms of total fundraising but in terms of spending on what matters, the biden campaign is still ahead. >> why an indication of where the classes, is often how many donors are writing checks but i often find great■ç indicator of where the photoresist the small voter donor, the one that spends that small dollar, so one of the things i'm looking for is whether we see a difference bringing more people into the biden camp by the number of donors. when you are in the hamptons, when you are talking to these different high net worth donors, what were you saying that about his candidacy, but whether or not were they going to write that check? >> well, so actually my colleagues have been doing some great work looking it behind the scenes you know, the panic that's been taking place behind the scenes, and it's taken a while for people to come around again on biden but i think today you are beginning to see a little bit more of that coalescing around him again, you know. liz and bronstein today■ç said you know, we have compare -- it is important to compare meaningful -- we should compare the meaningful presidencies over one debate night and i think you're going to be hearing that chorus a little bit more whether that translates down to the small dollar donor, i'm not quite sure yet, and i will say this, too. some of the donors i was speaking with yesterday, some of them did not watch the debate because they knew it was going to be a painful experience and they said they turned on their tv or started scrolling the next morning and were just devastated to find out that what they had feared had come to fruition. but it didn't change their mindç >> that's important, right? i was talking earlier with rick wilson and we keep talking about what biden didn't do and then we look at it and say but who did trump win over? i don't think he won over donors. i also think that a lot of this anxiety is, can we use this guy to beat trump, right? so the question is, can this guy beat trump? not is this the guy of my dreams because he's never been the guy of some of these donors' dreams because democrats have crazy dreams. let's be honest, they want the perfect candidate but nobody can agree on the perfect candidate. there is a real feeling, i think, that people know trump really could win because he won in 2016 and i think there is a lot of anxiety and i think people are not over 2016 on some level and so you know,■ç i heard -- >> i think literally watching the debate if anything for me, it was anxiety again. you want that anxiety because every other word was absolutely cruel and mean and it was all dark anti-america but how do you contrast that to the editorials coming out of the new york times, for example? how do you respond to that when they are saying step down? >> i think if you are the biden campaign, you continue to say look, we appreciate your input however, we will continue to run this campaign as best we can to try to defeat donald trump because we are, as of this moment, still the nominee for the presidency. we are still supporting the president of the united states and his re- election. whether that calms down votersñ who are a bit shaken by the performance -- >> but are voter shaken? >> to your point there like look, we did not expect him to be the superstar but -- so i turned it off. i spoke to plenty of people who said the same thing. he performed as expected but i still know democracy is on the line. >> there is potentially one business executive who asked him, can i ask you about the debate and he just gave me this deep exhale and you could see the frustration in his face and he took a moment before he went on to say you know, in my line of work i actually took a mentoring position because there are some things i just can't do anymore but he said the stakes are just too high. >> today understand them unlike the trump■ç voters were there okay with the authoritarianism, to those folks understand that he is a vessel for democracy? >> yes, i think they do and again, calculus is, can democrats beat trump? is this the best guide to beat trump and what i am saying anecdotally is people furious at editorial boards. they're not mad at biden for his performance. their matted editorial boards for not having his back and i think back to gavin newsom, who right after the debate, was out there being like you know, how dare you abandon our guy, and i thought that was lousy but now i am seen it, i think a lot of voters feel that way. >> i feel like you are in our editorial meeting and you know exactly what were going to cover when we get right back. because, ■çnext, we look at and use them on how he was able to break something other people were not paying attention to. r it's time. yes, the time has come for a fresh approach to dog food. everyday, more dog people are deciding it's time to quit the kibble and feed their dogs fresh food from the farmer's dog. made by vets and delivered right to your door precisely portioned for your dog's needs. it's an idea whose time has come. ♪♪ nexium 24hr prevents heartburn acid for twice as long as pepcid. get all-day and all-night heartburn acid prevention with just one pill a day. choose acid prevention. choose nexium. ♪♪ chevy trucks' advanced camera technology lets you see over, under, through, down, and any other direction you may need. ♪♪ up to eight available cameras and fourteen views. ♪♪ so you can focus on the view that really matters. don't miss a thing. chevy's got you. chevrolet. together let's drive. diabetes can serve up a lot of questions. like what is your glucose and can you have more carbs? 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did we miss something that night while trump didn't win anybody back, was biden able to achieve winning back folks who were on the fence? >> yes and no because if so, it was not through president biden's own actions. one of the points during the debate that frustrated me the most was how willing biden was to accept the premises trump was heading out there. the one that stood out to me as trump was asked question about addiction and how to get help to people with addiction which should've been a lay-up for biden on rebuttal. instead, biden chose to stick with the same theme as trump■ç border security on the immigration bill, which is true but it granted the idea that if we want to talk about addiction we have to talk the border instead of talking about how to actually treat people who are addicted that i think was a huge missed opportunity so yes, hearing trump go off again about how dangerous migrants are, how he wanted to deport people, that, i think, did help tilt people who may have been more on the fence, who are more concerned with immigration and not in love with biden's immigration policies to remember oh, wait, this is the alternative. >> i guess i can go back to this because i have to save when we were looking at the coverage,■ç a lot of folks are saying what did trump say, what did biden not say, right? but the fact that i think when listening to newsom, i think he did encapsulate this idea that so many latino voters heard the very first time that trump went down that escalator. when he talked about immigrants coming out and being , most latino voters heard him say you are actually talking about me and it was almost like ptsd listening to him on stage again that thursday night. do you think this nuance is not that biden said anything but all of the stuff that trump did say will have an impact? >> i do think it will help alleviate this collective amnesia over what is happened on the border. i think the challenge with immigration is that it is just such a complex issue, and neither party is been able to solve it for 30 years or overhaul the nation's immigration laws, which is whatç voters want. polls are showing that a lot of latino voters want actually tougher enforcement at the border and it is really complicated when you dig down deeper about what that actually means. it is not necessarily mass deportations, but there does need to be a process, so what they have not been able to see either president biden or former president trump really address the issue with a comprehensive legislation that they want, it kind of neutralizes the issue for them, like a cynicism seems to set in the neck i want to okay well, neither candidate will be able to solve this issue, what's going to matter? well, the economy, and that is why you see the economy jumping to the top of the list■ç and every one of these polls for latino voters, so it is more of that frustration like again, that same frustration with both candidates that is leading them to think about other issues and other third-party candidates, as well. >> i think what is interesting is that when folks are watching the debate and a lot of folks are saying you know, i can't watch this right now -- my best friend literally said i can watch -- i watched for 10 minutes, but i already know who i'm voting for. did that debate, for the folks who did not know where they were voting for, just like it triggered emotion, did it trigger the emotion of how chaotic trump was perhaps for other voters? >> one of the things that has really blocked out the sun about this debate is how crazy trump was. we are going to have the cleanest h2o.■ç i mean it was not even -- like those are not sentences. he was freelancing in ways -- and the ring about trump's like we talk so much about biden's age and h