Transcripts For FBC Countdown To The Closing Bell With Liz C

FBC Countdown To The Closing Bell With Liz Claman April 20, 2016

1237 delegates. Cruz is holding his ground, vowing to go on and warning republicans that vote for trump in the general election will hand democrats control of the white house, of congress and of the Supreme Court. On democratic side of this race, new york also rewarding hometown gal Hillary Clinton, former senator, sweeping another person bierne winning by more than 15 and coming just short of demanding that he drop out of the race. Weve got former indiana governor and senator evan bayh to tell us why donald trump rushed to indiana right after last nights win. Why is the Hoosier State so crucial now . Former florida senator George Lemieux why the republican race is still far from over no matter what anybody says. On wall street, markets holding dow 18,000, pretty nicely up 166 points, above 18,000 here. Weil s p punches through 2100 ceiling. Are we on the verge of setting new alltime highs . Were less than an hour from the closing bell. Lets start the countdown. Breaking news we just got a new high for the dow and we need to see it up more than 114 points. Right now were up 109 at 18,162. Look any close above 18,312 will put the dow in alltime high record territory. Were currently less than 1 below the level. You have to stay with me and watch. Finally maybe good news for yahoo . The Internet Company entering stage two of the sale of its core business, also up today after beating firstquarter earnings estimates. Eps came in at eight cents per share, compared to the 7cent estimate. Were looking at shares moving higher by nearly 5 but at the moment anywhere from 4 to 8 billion are what the bids are coming in for yahoo . So well see. It is a pretty wide swath. One Company Leaving bitter taste in investors mouths is cocacola. Maker of sprite and minute mutt maid juices fell in the fourth quarter, the sales fell in europe and hurt by strong dollar outside of the u. S. Shares of cocacola im sure many of you have owned or do own down 4. 25 . To politics we have team fox business coverage of the president ial frontrunner an and very first steps on the campaign trail following last nights crucial victories. Jeff flock at trump rally in indianapolis. Connell mcshane at st. Paul Baptist Church in philly where Hillary Clinton will hold a rally there later this afternoon. No doubt trump flying high after huge night for billionaire businessman. Donaldtrump trumped them all. He is closer to the 1237 dell bats needed for the delegates needed for the gop nomination. Meanwhile senator ted cruz mathematically out. The texas senators only hope for winning republican president ial nomination is contested convention this summer in cleveland. Here are the numbers, to get you caught up. Right now 674 republican delegates remaining. Trump has 845 delegates but he is 392 delegates short. He will need to win, folks, 58 of the remaining delegates to secure that nomination. Mr. Trump used his new york win to offer some advice to ted cruz. Trump wastes no time today to tweet this, quote, ted cruz is mathematically out of winning the race. Now all he can really do is spoiler. Never a nice thing to do. I will beat hillary. But this race is far from over, make no mistake. Jeff flock is fox businesss location right there live in indianapolis at the trump rally. Jeff, even i guess donalds dominating performance last night, now i suspect real test for trump is winning delegates, not just the votes . Well, exactly. He said that last night, nice when you win the votes and delegates. It is allimportant here in indiana. He is supposed to do well next week in the east coast primaries but why is here at this massive rally in indiana . Indiana is kind of up for grabs. 5delegates in total and they would not be bound after a first ballot. So there is one guy here who has a piece of literature. Says i will only vote for donald trump. Dont steal it from him. That is opinion of a lot of people. Ted cruz, you mentioned him, i tell you there was a new fundraising email out today from ted cruz. Got to tell you, sounded a little desperate. Take a look at some of the things he said. He is asking for sacrificial gift. Sounds like a preacher, from his supporters. He says health and sleep are limited for him. Personal time is not possible. Time is critical. But he adds is on the verge of victory. He is going to meet with the indiana governor tomorrow. Ted cruz republican dinner tomorrow night. Donald trump beat him to it, though, today already meeting with pence before this event thats about to take place here. Because we said, liz, 57 delegates and theyre not those delegates have already been picked. The names have already been named. Most of these guys are not friendly to donald trump. But they would be bound to trump on a first ballot if he wins the pop vote here. But on a second ballot, john kasich actually says hes got more of them tied up for his. For him. I know you know this. The new york time says today it doesnt come down to california. Its coming down indiana no, sierra right. Its amazing to think about a lot of delegates and like i said if for some reason he doesnt win on this first ballot, these guys are unbound, and theyre not his friends. So very important state. Indeed. Stand by because the second he comes out on stage, were going to come back to you. Jeff. Okay . So let us touch on the democratic sighted. Last nights big win and that was Hillary Clinton has another imagined lead over Bernie Sanders in next weeks primaries. Not just pennsylvania, connecticut, rhode island, so what do we expect from Hillary Clinton between now and then . Outside saint Baptist Church where hillary is expected to speak next hour. Connell well, its interesting because this poll sums up where the race is right now. Hillary clinton has the momentum coming out of new york with that big win and her home state and moving into states like pennsylvania. Where shes the clear favor not only to be the democratic nominee but possibly the president at this point. We can hear the confidence in the way shes phrasing things. We did last night. More on that in a moment. But first lets do a little math. I know we hear a lot about the magic number with republicans 1237 and the delegate count. The democrats have a different number. 23883. Thats how many you need to clinch the nomination. Mrs. Clinton is getting there. Shes at 1930. 1930. As of last nights victory. So 453 to go. Your headline there is that secretary clinton is 80 of the way to clinching this nomination. So with that in mind, well be watching very closely today to see if she continues what she started last night. Instead of focusing on her primary opponent Bernie Sanders, shifting the focus to a possible rival in the general election. Watch this. Im pushing a vision for america thats divisive and frankly dangerous. Returning to trickle down economics, opposing any increase in the minimum wage, restricting a womans right to make her own health care decisions. Now, that message comes here to st. Pauls Baptist Church in philly today. Maybe a little bit different because this event i should point out is focused on gun violence, an issue she hits sanders on hard in other campaign events. And big picture, liz, pennsylvania is the key state. 210 of the 462 democratic delegates that will be given out next tuesday night. You mention some of the other states. 210 of those delegates will be here in pennsylvania. So if the polls like we saw hold, this is the kind of state if youre Hillary Clinton, you can add to your lead. And its the kind of state that could take her one step closer to being the democratic nominee. And in the general election, pennsylvania matters. It certainly does. People yeah. Swing state. Liz its a swing state. Thank you so much, connell. Anything happens, well come back to you. Were bouncing around from party to party for big reason. Big stories are getting bigger by the minute. Senator ted cruz is now ignoring the mathematical blockade on his road to the nomination. Hosting a rally in pennsylvania calling the media trumps lapdogs, touting his texas win as far more significant and warning of disaster if trump does become the nominee. If this election were decided by the rich and powerful. If this election were decided by the power brokers, the network executives, then it would have been over a long time ago. Donald trump would be our nominee and then he would lose a historic bloodbath against hillary. And if that happens, we lose the senate, we may lose the house, we lose the Supreme Court for a generation. All kinds of worries and threats that he has articulated. Im joined now by former democratic senator andm indiana. Evan. Great to see you. And you just heard what ted cruz said. He i bet firmly believes that he still has a shot. Now mathematically a blockade as we have put it. But what did trumps win yesterday do for mr. Trump and what did it do again . Mr. Cruz. Well, lists, it was liz, it was a huge victory for donald trump. Massive victory. One of the delegates on the state. Coming into my home state of abdeslam indiana, it gives him a lot of momentum. The fact that hes the only candidate who mathematically can secure the nomination before the convention, really gives him a powerful argument on his bailiff. You know, conversely senator cruz now is in a position where he wants governor kasich to stay in, hopefully divvy up enough delegates where he can keep mr. Trump from whereas our reporter just pointed out in my state, for example, even if donald trump carries the state, many of these folks who had been picked to be delegates containment wait to vote for somebody else. Liz yeah, not his friend. Thats correct. So very difficult for donald trump. Very difficult for mr. Cruz. Liz okay. But hes won most of the primaries. Donald trump has and you if youre looking at the vote numbers, the momentum is on Donald Trumps side. But what are you expecting from the cleveland convention. Because john kasichs not dropping out. Ted cruz isnt dropping out. Well, liz, the only thing im positive about is it may not be liz amen, brother. We love that. A lot of this stuff theres no living memory of how this is all going to play out. So were just going to have to see as it goes along. I think it depends on how close donald trump gets. Clearly if he has enough delegates will then game set match, its over. Liz dont you love that both of these candidates you are supporting Hillary Clinton. Im the one who can beat hillary. Hes the one. Oh, im the one. Well, thats right. They obviously cant all be right. So i think it depends. If donald trump is close, within 30, 40, 50 delegates of winning, its pretty hard to deny him at that point. If its more than 100, well, then its a little bit easier for it to slip into a second ballot. So, liz, were just going to ought to see, and i tell you who i really pity, these delegates from pennsylvania who arent committed to anybody. The 200 who come from around the country arent committed to anybody. Theyre going to be inundated over the next, you know, from california primary and theyre just going to be swamped. Liz yeah, swamped with swag is as we like to say. Gym bags, baseball bags, hotel rooms, before i let you go, do you think Bernie Sanders is soon on the way to saying what you know . Going to be back down here. When they said that ben carson was out because he was taking a day off. But he is from going back to vermont to stop. Always rational. So who knows what but my expectation is and my hope is that hell come back and say, look, this is about a cause, no matter what the math shows, this is about a cause, and im going to take that cause to be true to my supporters all the way to the end. Liz well, then shouldnt but hell do it in a way thats more positive and less you know, with fewer character attacks on Hillary Clinton. Because that does nothing at this point except perhaps prove what this republicans were saying, which is that they have a chance to beat Hillary Clinton. Liz if she is the nominee. When do you think she gives them a cabinet position just as barack obama gave her one after he beat her . No. I dont see that happening. Liz why not . Well, for starters, senator sanders i think is really more a legislature than he is an administrator or executive. Hes not been governor, mayor, anything like that. I think he would be happier in the senate. And so i just dont think thats in the in the cards. But you know what . Thats for secretary clinton to decide if shes elected and we dont know until we get there. Liz governor, wonderful to see you. Thank you, liz. Liz and former senator evan. Were going to have donald trump as soon as he shows up for his rally in indianapolis at the state fair there. You can see a big crowd has gathered. Smashed shoulder to shoulder. The second it happens, we will take it and senator cruz is also expected to hold the Conference Press about half an hour from now in hollywood, florida. A big rnc meeting. Were going to bring that to you live once it begins. Closing bell ringing in 45 minutes. Much of the dow 30 in the green today. Although the bottom two levels not so much. United health care hitting a new lifetime high, folks. Investors clearly agreeing with the companys decision to exit obamacare exchanges. Better than expected earnings yesterday. Also helping to fuel multiple price target generating hikes. United health care jumping 3. 3 . President obama meetings king outcry. Iran, oil, 9 11, all of this growing louder and louder. Are the saudis still more friend than foe . Here between us in the middle east. Former u. S. Ambassador to saudi Arabia James Smith is here. Hes got that answer. Thats next on countdown before i had the shooting, burning of diabetic nerve pain, these feet were the first in my family to graduate from college and trained as a nurse. But i couldnt bear my diabetic nerve pain any longer. So i talked to my doctor and he prescribed lyrica. Lyrica may cause serious allergic reactions or suicidal thoughts or actions. Tell your doctor right away if you have these, new or worsening depression, or unusual changes in mood or behavior. Or swelling, trouble breathing, rash, hives, blisters, muscle pain with fever, tired feeling or blurry vision. Common side effects are dizziness, sleepiness, weight gain and swelling of hands, legs, and feet. Dont drink alcohol while taking lyrica. 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And if you do have an accident, our claim centers are available to assist you 24 7. For a free quote, call Liberty Mutual at switch to Liberty Mutual and you could save up to 509 call today at see Car Insurance in a whole new light. Liberty mutual insurance. Liz breaking news president obama in saudi arabia at this hour in a high level meetings with the monarchy king. This after recent push by some leaders on capitol hill to have 28 ridiculous pages of congressional report on 9 11 released to the so everybody can read them. Now this report has raised a lot of questions and tension with saudi arabia after the pages to link to the kinked. To the attacks on september 11th of 2011. Joining us now former u. S. Ambassador. Have you read it . No. I have not. Liz would you like to read it . If everybody else reads it, i certainly will. Liz can you read it . I understand that some members of congress any member of congress can actually request and file to read it and now the requests are jumping in the last 24 hours. What do we suspect is in this redacted, well, i wouldnt speculate on that. Others who had been involved in the committee have a much better understanding of that than i do i would submit to you that while theres an issue in the in the top three or four issues. Going to want to talk about. Liz we understand that saudi arabia said if you do that be with were going to sell your treasuries, were going to sell any that we have in the u. S. And were going to they didnt use that word. But they dont want anything to do with that. But then on the realistic side. Youre going to open it up to citizens of the faust something that is merely rumor . Yeah, i think the comments perhaps made in frustration. Liz, i understand the issues of the day. And if you look at the agenda tomorrow for the gcc meeting. Major issue. Taking the fight to isis and alqaeda. And then the third bucket is what do we do about iran and irans destabilization tragic in the region. Want to focus want us to focus on. And parcel of this is to make sure that the United States continues its commitment to the stability and the region. Liz you have a disaster in syria that appears to be a quagmire. You have the government of yemen attempt to be overthrown. The arab spring was like winter. Its Nuclear Winter right now because theres so much battling going on. Short of military intervention because even president obama said in recent atlantic article that these guys are a little grabby. Middle eastern and gulf nations tend to be way overdependent, expecting that the u. S. And our soldiers blood feminism in their region. Well, liz, i would take a different step and say that the u. S. The importance of the u. S. Position of the region has less to do with our military power, economic by our ability to bring people together. In the end, we ca

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