Coverage of national and international news, including breaking stories. putin meeting all around us in that setting. but they are also hearing the president in very few words undercut the investigation. the president also hit some other big topics like the border wall and of course smacking the media. here's some of the highlights. >> we're fixing walls all over the border. and we're going to start to get very nasty over the world. anything i want, they want to oppose. i just figured out how to do the wall. i'll say, i don't want to build the wall and they'll insist on building it. i just figured that out right now. they can make anything bad. because they are the fake, fake disgusting news. >> so fake, fake disgusting was a sort of updated iteration. there was cheering and jeering at us in the work area that is the president getting funding for the wall. remember, a republican-led congress has not supported the president in funding such an endeavor. joining me to discuss, matt miller, an msnbc national security contributor and former chief spokesperson for the department of justice. my friend ron insana is a cnbc contributor. edd eddie glaud is an msnbc contributor. i apologize for my voice, i was out last night supporting another working mother. her name is beyonce. >> good for you. >> when the country's top national intelligence official dan coats was asked about the helsinki summit. >> you're saying today that the president has directed you to make the issue of election meddling a priority. how do you explain the disconnect between what you are see, his advisers, and what the president has said about this issue? >> i'm not in a position to either understand fully or talk about what happened at helsinki. >> what do you make of that? coats is essentially out of the loop when it comes to trump's private meeting with putin. >> you know, i think it really highlights the kind of war between the president and the national security officials. some officials he appointed like dan coats and chris wray, some career, because the president continues to be at war with the truth about what happened in the 2016 election. i think the white house has a real problem here. a real serious message problem. they could have come out and held a press conference like this really any time in the last year and a half. probably should have done it in the last year and a half and didn't because of the president's hostility towards admitting what happened in the 2016 election. they came out and did it yesterday i think. it seems fairly obvious to me because they realize they have a serious problem. because of what the president did in helsinki. he raised doubts in a lot of the american people's minds about where his true allegiances lie. you've seen them. he had to come out and clean his statements up afterwards. because they realize, he created a serious problem for himself. the problem is, you can't on the one hand admit to election interference and admit that the russians are continuinging to try to interfere in the elections as they did by sending this parade of national security officials out yesterday. and still call russian interference a hoax and attack the investigation that is holding russians accountable. that has indicted 25 russians accountable so far. so the president has this problem. he believes politically he has to continue to attack the investigation because he doesn't know where it's going to go and it might get awfully close to him. either people around him or to him himself. but at the same time, politically, the white house seems to know now, they is there to be more up front and honest then they have in the past. the problem is, the two don't work together. they're an obvious tension. you can't do both. >> who in the white house knows what? because it seems like john bolton knows what went down but dan coats doesn't. >> john bolton is kind of on the horns of the same dilemma. you see john bolton come out and try to, you know, rattle the saber yesterday and talk about everything they're doing to attack russian interference. in a statement last week, he put out a statement last week, calling the investigation a witch hunt. again, john bolton is in the same place that sarah sanders is. trying to say it out of one side of her mouth. but the administration is getting serious about interference in elections. out of the other side of her mouth, call the investigation a witch hunt. everyone in this administration has this problem. you cannot do both of those things at once. >> ron, how damning is it for our country that the president is not on the same page as his national security team? and what does it do to them? if you think about when gary cohn finally said enough is enough, it was when he realized he couldn't help the president on trade and tariffs. because the president was never going to listen. >> he's listening to peter navarro. there's an old expression about -- >> not another sicilian one. >> this is an american expression. foreign policy stops at the water's edge. this used to describe inner party disputes. regardless of what you said at home, you wouldn't go overseas and disagree. >> that's like my parents. you can kill one another inside your hole, bme, but as soon as front door opens, i mean, we are the waltons. >> this is within his own administration. he's disagreeing with his own administration on foreign soil. you know, parliamentary democracies, there are shadow governments. i don't mean this in the moronic sean hannity deep state sense. >> ooh. >> we have the notion of maybe a functioning alternative government within this administration largely in the national security apparatus that is trying to do the right thing, irrespective of what the president has to say or what he does. >> does that work for the president? because hold on a second -- >> it might, yes. >> because look at the president's policying policies. he stokes this culture war with the base. down with the rich. down with the man. i'm here to help you. but his policies actually hook businesses up left, right and center. is that what we're going to see on the national security front, a shadow policymaking team, and then a president who shouts crazy lies that make no sense but they get his base fired up? >> some people hope so, right, in the sense you have the adults in the room who will make sure that the country's protected. >> and the reason, unlike gary cohn, they won't leave. >> you have to remember kirstjen nielsen is one of those people and she's the force of the zero tolerance policy. we always have to remind our audience, as ivanka trump said, it was a low point in the administration. it's not "was," it is, and continues to be. >> you have two things happening at the same time. one is you have -- as kelly reported, trump's refusal to distinguish russia's interference in our elections and his own mueller investigation around collusion. he's collapsing that all the time. which means he wants to disregard any count of russia's interference in our elections. and then you have the actual fact of the matter. and that is, it's not just simply russia. remember nielsen. whatever we think of her, she said this. our democracy's in the crosshairs. it's a whole bunch of bad actors. and so our democracy is really -- >> what do you mean by that, a bunch of bad actors? >> what they unleash, the information war they unleashed, campaigns could use. remember, we have some folks in california who were running, who wanted to use this. we have other actors. china, other people. the white supremacists. all these folks who are trying to use this to undermine and destabilize the country -- >> open the gates to hell essentially. >> what yesterday revealed, we don't have a coordinated effort in the white house to coordinate these various agencies. not simply because of russia, but because democracy itself is in the cross hairs. we need all of these organizations not to just simply be doing what they're individually doing. for someone to be the center of -- connect all the spokes. >> congressional republicans just turned down $250 million -- >> yes, they did. >> -- in funding for protecting the elections. >> correctamundo. can the national security team have any impact in protecting our elections, not just with the government turning down funding to do so, but with the president not being on the same page? >> they can't really marshal the entire government. they can do the functional things. they can help election security systems around the country buttress themselves around cyberattacks. they can do things to help campaigns buttress themselves against cyber a tacks. they can work with social media companies to take down, you know, russian social media bots and trolls who are out pushing this information. but the response to russian interference needs to be not just kind of the technical aspect the government does but also marshalling the american people. you have to convince the american people not to believe the disinformation they see from the russians. you have to convince campaigns on both sides of the aisle if their opponent is hacked, not to use that information to your advantage. it has to be something where you're not just marshalling the levers of government but telling the american people not to listen to this disinformation and telling people not to play into it. you cannot do it when the president is out, you know, kind of actively calling into question what the russians are doing. it simply just won't work. >> it just won't work. gentleman, thank you so much. we have a lot to cover today. coming up, why special counsel mueller hopes a russian pop star sings about that trump tower meeting. plus, the new jobs report is out. it's slightly below expectations. but the overall picture is still strong. before we go to commercial, i got to share "late night"'s jimmy fallon. he had some new details about a potential new pick for a key job in the white house. >> warner bros. just announced they're going to reboot the '80s tv show "alf." this is crazy. president trump has already asked "alf" to be commander of the space board. happy anniversary dinner, darlin'. can this much love be cleaned by a little bit of dawn ultra? oh yeah one bottle has the grease cleaning power of three bottles of this other liquid. a drop of dawn and grease is gone. until the day you leave for your trip. add-on advantage. only when you book with expedia. add-on advantage. are you ready to take your then you need xfinity xfi.? a more powerful way to stay connected. it gives you super fast speeds for all your devices, provides the most wifi coverage for your home, and lets you control your network with the xfi app. it's the ultimate wifi experience. xfinity xfi, simple, easy, awesome. welcome back. i'm stephanie ruhle. robert mueller wants to talk to a russian pop star about that 2016 meeting. you may recall he was reportedly a key figure in setting up that meeting between the trump campaign and the russians. well, donald trump jr. has testified he doesn't remember whether he spoke to agalar about the meeting. the singer recently told vice news the two of them definitely spoke. >> i said there's some people that want to meet you, they obviously want something that could potentially help them resolve things that you could be interested in. or maybe not. if you can spare five minutes of your time, i'd be grateful. in not, no problem. if not, no problem. don jr. said of course, i'll do it if you're asking. >> when real life is stranger than fiction. what kind of information could he provide mueller? nbc's ken dilanian is on the story. sadly, not wearing a python or an ostrich jacket. ken, what more do we know about his request? >> well, one of the great mysteries of this trump tower meeting, which is why did his employee write that explosive e-mail you just read parts of? i think it's worth reading in full. goldstone, who worked for agalarov wrote, this is to don jr., he just called and asked me something very interesting. the crown prosecutor of russia met with his father this morning and in their meeting offered to provide the trump campaign with official documents and information that would incriminate hillary and her dealings with russia and would be very useful to her father. he went on to say this was part of a russian government effort to help your campaign. now, goldstone has sort of played this off as puffery. if agalarav can explain why goldstone thought that, what did he know about this russian government, which after all, was true, there was a russian government to help donald trump. that can be very significant. also interesting, he is russian, he is outside the reach of mueller's subpoena. the fact his lawyer is telling us he's in talks to sit down with robert mueller is significant and suggests that maybe his interests are not in line with donald trump anymore. he made this rather bizarre video where he seemed to be trolling trump and he depicted, you know, scantily clad women in a hotel room and sort of made fun of all the various allegations in that dossier. so he may have some important things to tell robert mueller. it's interesting that mueller wants to talk to him, stephanie. >> every time i see this, i look at rob goldstone, we're talking pop stars and backstage at beauty pageants. i think, my gosh, the country deserves better. a story i'm crazy focused on. this "wall street journal" piece that michael cohen, you know him, so do i, trump's former personal lawyer, his fixer, struck a consulting deal worth 10 million bucks with a major trump donor just a couple of days before his offices got raided. what can you tell us about it? to me this is huge. >> i agree. this report says that this chattanooga developer offered to pay michael cohen a $10 million success fee if he can secure some $5 billion in loans to restart a dormant nuclear plant in alabama. >> a nuclear plant. let's just slow that down. this guy was willing to pay michael cohen 10 million if michael cohen -- remember, michael cohen, you can pay me, i can help you understand the president and how he works. no, he was offered $10 million if this guy could get billions in loans to restart a nuclear plant. that's not just consulting on how to understand this president. >> yes, and it's also something called contingency fee lobbying, which is an ethical gray area to say the least. it's actually outlawed in some states. but it's considered, you know, conducive to corruption. if you're only getting paid if you succeed, it creates a greater motivation to do shady things to get it done. it also just shows that donald trump's washington is the swa y swampiest that washington has ever been. can you imagine in the obama administration? we'd still be having hearings about it now. >> there are bad things that have happened in washington since the dawn of time, but remember why so many people voted for the president, to drain the swamp. i think back to michael cohen taking out a home equity loan to pay a couple hundred grand in a payoff, yet after the president won, he was securing a $10 million fee to help somebody get a nuclear deal. wow. ken, thanks so much. all right, coming up, we're going to break down the new jobs numbers. as china prepares to retaliate in this escalating trade war. plus, apple scores a trillion, with a "t," dollar victory. first, please pay attention. it's stunning. as we cover this chaotic political climate, i want to take you back to this very day in 2012. what were we talking about? apologies and civility. that was the rage. please check out this piece from "the washington post" at the time. when politicians used to say "i'm sorry." president obama's communications director apologized for attacking a piece by conservative columnist charles krauthammer while republican operative john sununu said he was sorry for calling president obama un-american. i'm sorry. two very, very powerful and important words we rarely hear these days. feel the clarity of non-drowsy claritin and relief from symptoms caused by over 200 allergens. like those from buddy. because stuffed animals are clearly no substitute for real ones. feel the clarity. and live claritin clear. the nation's largest senior-living referral service. for the past five years, i've spoken with hundreds of families and visited senior-care communities around the country. and i've got to tell you, today's senior-living communities are better than ever. these days, there are amazing amenities, like movie theaters, exercise rooms and swimming pools, public cafes, bars, and bistros, even pet-care services. and nobody understands your options like the advisers at a place for mom. these are local, expert advisers that will partner with you to find the perfect place and determine the right level of care, whether that's just a helping hand or full-time memory care. best of all, it's a free service. there is never any cost to you. senior living has never been better, and there's never been an easier way to get great advice. call today. a place for mom -- you know your family, we know senior living. together we'll make the right choice. which means they have to stop. and stick their fingers. repeatedly. today, life-changing technology from abbott makes it possible to track glucose levels. without drawing a drop of blood, again and again. the most personal technology, is technology with the power to change your life. life. to the fullest. to keep our community safe. before you do any project big or small, pg&e will come out and mark your gas and electric lines so you don't hit them when you dig. call 811 before you dig, and make sure that you and your neighbors are safe. it's time for money, power, politics. it is jobs friday. employers added 157,000 jobs in july and the unemployment rate fell to 3.9%. a still strong and humming economy that the president is happy to show off at his rallies across the country. joining me now, "financial times's" brendan greely and cnbc contributor ron insana. to you first, brendan. we're adding jobs. we have a low unemployment rate. the economy is doing well. >> doing great. >> here's one of the issues. it's the same comeconomy that w doing well during the obama administration. the haves and the have nots. those who are dependent on wages. many who stood up in 2016 and said, obama, can you stop talking about the great economy, i'm suffering. they're still suffering. wages remain relatively stagnant. why? >> well there are six different reasons. i think economists are uncomfortable talking about power. and politicians are uncomfortable talking about economic power. the assumption has always been if you don't like your job you can walk away, negotiate a better one. if the economy is humming along, credit where credit is due, the economy is doing great, you should be able to negotiate a higher wage. that's not happening now. the problem is we're used to talking about the economy is a cyclical way. when we're up on the cycle, good things happen. the fact that that wage growth you're talking about is not happening, we're still at 2.7%, which is fine, but it's not where it was in the last several cycles. what that means is we're talking about a structural problem. this is a deeper problem that is embedded in the u.s. economy. it has to do with the way employers can negotiate with their employees. it has to do with noncompete contracts. >> noncompete contracts for fast food employees. for fast food employees. >> it has to do -- >> i remember that, my time at mcdonald's when i was a kid. >> nor my time scooping ice cream. towns where there's only a single employer. so these are problems that you cannot fix by goosing the business cycle. these are problems you fix by digging into the legal code and doing a lot of boring uncomfortable things. >> the skills gap is enormous. the number the jobs that are available that pay well, even when you talk about trucking and the fracing communities, that's $80,000 a year. when you talk about cybersecurity jobs at $95,000 a year. when you talk about a shortage of nurses. shortage of teachers who have good pay. long-term employment prospects. it is the single biggest public policy failure we have. >> the perkinsville did just get approved. so money -- additional money is going to be invested in workforce development. but we're still seeing wages lag. i got to ask you about the trade war. because will burr ross is defending the china tariffs. he says, listen this is temporary, it's going to work out in the long run. humor me for a moment. i realize that's absurd because think about what ross has said in the past and larry kudlow has said in the past. take this snapshot. could we win this in some sort of way? because when you talk to farmers, they're like, well, we'll see how it goes. they're giving the president more time and credit than we are. >> i think he's right in the following way. this is a very resilient economy. it is a big market. we sell lots of things to ourselves we make right here. if anybody can survive a trade war, it's this big diverse well-developed, well capitalized country. he's right in the sense it will take a long time. my frustration with our trade policy right now is i don't know what the strategy is. we're imposing tariffs and china responds and we respond. what's the ask? like, where's the coalition that we're building together where we're together going to china and saying this is what you need to do and here's how we're going to make it possible to do it. >> trump's -- many people in trump's base who we've spoken to throughout this year around the country have said he's tipping, tip, tipping the boat. i realize everyone's uncomfortable. but he's not going to knock it over. >> we don't know that yet. there are 3.5 billion pounds of beef in cold storage. 1 billion pounds of chief that have yet to be saved. kidney beans stacked to the ceiling along with soybeans and other products not getting exported. this could be either a slow moving train wreck. china has already begun to retaliate. devaluing it's cub rrency to offset the tariffs the u.s. is imposing. we don't know that this is not going to result in a very serious event that causes a global recession. >> from kidney beans to apples. at least one apple. tim cooks' apple now worth over $1 trillion. what does that say about this company and the american business world at this point in time? >> i mean, yeah, he passed an arbitrary number. that's great. i mean, it means that -- look, there's so many things america does right. one of them is developing new technology. >> absolutely. >> we're really good at that. we can make fun of tim cook for not having the gift of inventing a new thing we didn't know we needed. >> i don't make fun of tim cook. >> i'm agreeing with both of you. he seems to be doing just fine selling the stuff that was already invented. >> by the way, they're sitting on close to $1 trillion in cash. that's not a terribly expensive stock in the traditional way we measure. >> one of the things you and i have been talking about for years is no matter what the potential trade conflict is, no matter what the potential political conflict is, externally, the stock market just plows ahead. that story's not true in the way it used to be. apple aside if you look at the difference between large companies, measured by the s&p 500, that tend to export, and smaller companies, measured by the russell 2000, that don't tend to export, they're diverging now. we're seeing the consequences of trade wars and uncertainty in the stock market. right now, the consequence is uncertainty. but it may be in the future real consequences. >> we're also seeing the stock market with five stocks. apple being one of them. the other so-called fang stocks, the facebook, amazon, net flexion, google -- thank you for correcting me. i'll have the sicilian expression for you before the end of the show. probably in sicilian. >> i want to speak sicilian. >> he says it in sicilian, i just go, oh, that's exciting. >> it's a rough language, yeah. you know, we're seeing a narrower stock market these days which again reflects strength in a handful of stocks but doesn't necessarily reflect strength in broad stocks particularly those that are multinationals that could be affected by the trade war. >> all right, ron insana, i'm done with you. coming up, democrats hoping to turn solid red kentucky blue as the race turns surprisingly competitive for outgoing senator bob corker's seat. how last night's tennessee primary could have implications nationally this coming november. i just switched to geico and got more. more? 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which is always an issue in terms of what codemocrats can d. >> i also think we sit here and talk about this big concept of socialism. we debate what it actually means. all the polling i've seen. people go out state by state and ask what people care about. it's about the cost of health care. right. that's what people care about. if you can show up and say i'm going to take care of the cost of health care, that's a really powerful argument. >> you're getting into details. you're talking about a nuanced powerful argument. lots of people don't get into the argument. they just go, oh, my gosh, socialist, i can't have that. it's going to take all my money. >> if the entire democratic party gets branded as socialists successfully going into the midterms or the 2020 presidential, they lose. >> it's such a difficult thing. >> we can reject the label. there's a concept, let's get rid of the term and see what it stands for. decent wages. talk about being able to afford one's house. to send one's kid to an affordable college. we talk about the basic -- on the ground issues. >> the answer is take a page from the republican's playbook. the word patriot is a beautiful strong american word. it means one who defends the honor of their country. the president does the opposite in the eyes of helsinki. >> it's a page from the '80s. stayi staking out a position to drag the party in your direction. it takes decades. think about on the fringe. think about the far left. what this suggests is how fundamentally constricted the spectrum of american politics has become. according to today's standards, walter mondale would be a freaking far left socialist. cortez is basically angela merkel, right? >> yes. >> the center right. >> good luck selling that in the united states. richard nixon would be a democrat today almost. the politics have changed. i do think the messaging is going to make a difference. it does not sell in the united states. you do have to break it down to policy. >> what i know in this political climate is republican light will no longer work. republican light. that is -- i'm an eisenhower republican. you know, triangulate, take the republican issues, make them yours. it will not work in 2018. clintonism is dead. and the question is what will take its place. we notice in obama's 81 endorsements, he did not endorse cortez. why? because this is the battle that's happening. >> you know who could win this argument. i think it's howard shultz. corporate responsibility, health care available to people. in a way a business man can present it as a good proposition as opposed to a political philosophy. >> or someone whose name rhymes with shloomburg. >> and he's also worth $20 billion and he can sell it in a way others can't. >> i wish we could figure out what it is we can call socialism. what do you want to call what they have in germany? you don't fall through the cracks. yet somehow they've managed to not fail as a state. whatever you want to call it. denmark. we can name a bunch of different countries that have that. whatever you want to call that, can we have that? because it's not radical. >> big beautiful american word like patriotism because everybody likes it. what the president is putting forth is the opposite of it. gentlemen, thank you. coming up, this one, you must stick around for. a very special good news rules. i'm going to introduce you to an incredible and inspiring young woman who proves hard work, tenacity, maybe a little bit of luck, pay off. 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you're not familiar with wall street jobs. you live in new hampshire -- in maine. you take a bus to new hampshire every morning and that bus takes you to boston. how did you know about this program or jobs in sales and trading? >> i did a lot of networking. i just applied wherever. hundreds of internships because i needed it to graduate. jeffreys called me and i somehow nailed this. they took a chance on me which was amazing because it opened up so many doors. i'm so grateful for jeffries and lucky to have been picked by such a great firm with great people to learn from. it's really been such a great culture to be a part of. >> you're working full-time this summer and when you go home on the weekend you have two jobs. when you go back to school you're going to be bartending, waitress waitresses. what's your message? >> you can't stop. you have to keep going. there's no room to stop. the bills come in. you have to do what you have to do. if there's one word of advice, just keep working hard because it's going to pay off. someone's going to find you. >> you knew nothing about the industry. who don't go into industries they don't understand, you have to see it to be it. what has been your winning combination. why do they want to hire you? is it all about tenacity? >> i think it's about determination and hard woshlgrk general. that's what jeffies is about. being willing to learn as much as i can and keep going. it's such a great environment. there's so much energy. i really love that. >> what will you be doing ten years from now in. >> hopefully i'll will right here on wall street. >> good luck to you. congratulations. >> thank you so much. what great story. for any student out there who has not done their summer reading, i'm talking to you my kids, i know you're a lot younger. for anyone who did you want feel like getting out of bed and making it to work on time, listen to april's story. paul manafort's attorney argue the former trump campaign chairman cannot be responsible for financial fraud for one key reason. we'll tell kwyou what that is. it's pretty amazing out there. the world is full of more possibilities than ever before. and american express has your back every step of the way- whether it's the comfort of knowing help is just a call away with global assist. or getting financing to fund your business. no one has your back like american express. so where ever you go. we're right there with you. the powerful backing of american express. don't do business without it. don't live life without it. you'll make my morning, buty the price ruin my day.ou? 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