paul ryan was a big supporter of that deal. so in some ways on trade they had broadly shifted in his direction, no longer just supporting free trade agreement on principle. >> we're watching for paul ryan to pop up and take questions from reporters. we're going to talk about this after the break with senator joe manchin of west virginia. there's news out of west virginia, news of a deal just in the last 10 seconds coming up between the state and teachers. we are going to come back with a live report on what exactly that deal is. we'll talk about it too with west virginia senator manchin. your brain changes as you get older. but prevagen helps your brain with an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember. when it comes to strong bones, are you on the right path? we have postmenopausal osteoporosis and a high risk for fracture, so with our doctors we chose prolia® to help make our bones stronger. only prolia® helps st

we'll hear from paul ryan shortly. we're waiting to see what the house speaker has to say about the tariffs that the president wants to issue. he's already come out in opposition, the question this morning is how hard will the speaker fight? our sunlen serfaty on capitol hill with details, perhaps on that. sunlen? >> reporter: certainly will be the elephant in the room when paul ryan speaks in just a few minutes from behind the podium. you see there the presser has already started with other members of the republican leadership. the fact that many of them have been very vocal against the president's proposal on tariffs, the fact that these are members of their -- his own party, very concerned about the potential unintended consequences if these tariffs are allowed to go through. members of the republican caucus and the house side, they huddled behind closed doors this morning. all the talk about the meeting was about this concern they had and we have heard from speaker of the house paul ryan's office in the last few da

you can thank house speaker paul ryan. the paul ryan bounce. pushing back against the tariffs on aluminum and steel. ryan is worried about a trade war and urging the >>> amazon aims to appeal to younger customers or those who don't have bank accounts. jpmorgan chase declined to comment. >>> united airlines back tracking on plans to replace employee bonuses with a lottery prize. the 90,000 workers hated this idea. the idea was instead of giving quarterly bonuses to everyone, united planned to award one employee $100,000 via lottery system. the majority of to 1,5$1,500 a . company of united's size trying to program has never been heard of. it will not be done. >> you only have to risk $10. >> do you want your bonus? thanks for joining us. i'm christine romans. >> i'm dave briggs. guess who joins "new day?" sam nunberg. we will see you tomorrow. >>> grand jury subpoena is not an invitation to a birthday party. >> i have no problem complying. what i'm not going to do is sit her 15 hours. >> he's going to look at this, you don't show up, we will and

i remember during the presidential campaign watching trump insult paul ryan and paul ryan shows no interest in using the powers of the speaker of the house against this presidency. >> he does not. i wish my former colleagues would understand one thing tonight and that is there's no shame in putting country over party. your legacy will be richer if you do so. if you lose a seat over it, listen, the water is just fine out here. you can sleep well at night. i promise you you can. >> thank you both for joining us. i really appreciate it. >> thanks. >> we'll be right back. ♪ (vo) you can pass down a subaru forester. but you get to keep the memories. love. it's what makes a subaru, a subaru. (avo) get 0% apr financing on all new 2018 subaru forester models. now through april 2nd. whoamike and jen doyle?than i thought. yeah. time for medicare, huh. i have no idea how we're going to get through this. follow me. choosing a plan can be super-complicated. but it doesn't have to be. unitedhealthcare can guide you through the confusion, with helpful people, tools and plans. including the only plans wi

that works for paul ryan. but this? >> this is amazing. for all the other things paul ryan has basically turned a blind eye on, rolled over on, grabbing women, inappropriate abuse. >> he didn't roll over on grabbing women and inappropriate abuse. >> he didn't stand up as strongly as he could have. oftentimes at the end paul ryan will say i think this is a problem but we're still going to go with the president. this time, he's actually saying there's something we're going to do about this other than just rhetoric. look, you have a lot of economists who say it's not a good idea. >> not just a lot. i double dare you to find a single mainstream economist that says yes, this works. peter navarro is not considered a preeminent voice on economics. let's make that abundantly clear. >> there's nobody outside of trump and one of his friends who actually thinks that this is good policy. but also, paul ryan is on a list of -- the european union just said look if you guys impose these tariff, we will go after your individual districts. they're going af

paul ryan and lee zeldin are r plus fives. are these guys safe? >> well, no, like many republicans in swing seats, they're in a real tough environment. i mean, let's look at this pennsylvania 19 thing and couldn't step back. >> 18th. >> we couldn't carry a district that romney won and trump won a week after we passed steel tariffs for pittsburgh. the spin going around d.c. is we had a sad sack candidate. but that district is so good we ought to be alk to elect a box of hammers there. i'm with mark. we have to be honest in the party what's going on. president trump who peaked in districts like a year and a half ago has been become an anchor on the party and guys like nunes, and others in 30, 40 districts are in real trouble. this has been coming. this isn't a freak thing like some specials out of no where, special pops. this was way deep in republican territory. after we had the trouble we had in the virginia governor race and after a lot of other special elections where we way underperformed. there is definitely a blue wave coming. we got to get r

i remember during the presidential campaign watching trump insult paul ryan, and paul ryan shows no interest in using the powers of the speaker of the house against this presidency. >> he does not. i wish my former colleagues would understand one thing tonight, and that is there's no shame in putting country over party. your legacy will be richer if you do so. if you lose a seat over it, listen, the water is just fine out here. you can sleep well at night. i promise you you can. >> thank you both for joining us. i really appreciate it. >> thanks. >> we'll be right back. the lowest prices of the season sale is going on now at gnc. save up to 50 percent on hundreds of your favorite items. gnc amp. force factor. cellucor. mega men and women's ultra mega. only at gnc. going somewhere? whoooo. here's some advice. tripadvisor now searches more... ...than 200 booking sites - to find the hotel you want and save you up to 30%. trust this bird's words. tripadvisor. but mania, such as unusualrder can changes in your mood,able. activity or energy levels, can leave you on shaky ground. help take control

now paul ryan, a leaked memo from paul ryan arguing against this tariff and trade decision. >> senator cornyn from texas has spoken out. a number of republicans have. i don't want to not suggest that some of our basic industries, after all, i come from the automobile and natural gas business. so i am very mindful of the importance of steel and other basic industries, including coal. e we need to protect those jobs to the extent we can, but let's be realistic in how we do it. the real problem is it's overcapacity in the world. that's what's causing this. so i think the chinese have at least suggested they might be receptive to closing some of their plants to get rid of that overcapacity. that's a much more nuanced elegant way. but a forceful way to do this without disrupting the entire system. >> he gave some self-deprecating jokes and kind of went off in another area. he joked about who is going to leave next, steve miller or melania trump. there have been a lot of dep departures. there's a will the of talk that gary has to leave since he's been badly undercut by the p promotion of pet

paul ryan and others disagree. his spokeswoman said he is worried about the consequences of a trade war and urging the white house to not advance that plan. gary cohn sets up meetings with carmakers. this could cost both companies $1 billion per year. each company. look at the percentage of pro t profit. it is one reason larry summers, no fan of the president and white house, a democrat. he calls this the most irrational economic policy any president introduced in the last half century. >> there are 50 times as many people in the united states who work in steel usiproducing industries. all of them are losing because the firms they work are now going to have 25% more expensive inputs. that cannot be rational policy. >> this would not just hurt carmakers. all u.s. exports harmful to midwest farmers. manufacturers buy that and forces companies to raise prices or cut jobs. top five states depending on manufacturing jobs most? guess who they voted for for president? >> no surprise there. if canada does not receive exemp

happened to -- who stole paul ryan's spine? >> that's a really amazing question because he found some today on tariffs. >> yeah. >> cares about trade, doesn't care about russia. >> devin nunes has no credibility, and that is not a partisan statement. i'm being objective here. a month ago, senator burr who is running a senate intelligence investigation into russian collusion with mark warner went into paul ryan's office also to complain that devin nunes had leaked mark warner's text to fox. mark warner is so clean on this issue of this request for a meeting with christopher steele and the texts marco rubio defended him on twitter and burr his fellow republican and his chairman went in to plead with the speaker to control devin nunes. nunes and ryan are old friends. nunes has endeared himself to the leadership by being a very energetic and eager puppy all along. and he has a lot of loyalty and a lot of fondness within the ranks of the leadership. but it's very, very tough for paul ryan to explain himself in both those examples. >

i find paul ryan's reaction interesting. a sectionrepresents of milwaukee that makes harley-davidson motorcycles. shery: president trump is leaking the turks with the iffsonal -- linking the tar with the nafta agreement and the otherng of a while and issues on immigration. however the countries planning to react to all of this -- how are the countries planning to react to all of this? --'co: michael: they have been trying to find a way to make this work. there are 30 chapters in this nafta agreement. they think they can get something done this year if they keep going, but they don't know what the president exactly wants. ,hings like, automotive content and the suspension of nafta, there has been no progress made. the president is going to have to negotiate if you want to get something done. -- if he wants to get something done. talked to president negotiators a few months ago. is there any chance he is crazy can throw, that he these extra things into the mix and actually make progress? michael: the president's comments were

you would think mitch mcconnell, paul ryan would have the untechnology right and the interest of the nation at heart and would stand shoulder to shoulder with the president and say enough is enough. it is time to end this madness. it's a farce being played out before the american people who are watching a congress that seems congressional leadership, and i'm talking about the republican establishment here. your bosses, they seem utterly contemptuous of the american people, the constitution, and this president. >> my bosses are not here in washington. my wife, my two kid and my 725,000 constituents back home are the ones i report to. i took an oath to our constitution. there are different sources of what i'm beholding to and it's not anything here in washington. lou: if you defy speaker ryan i am sure you will nonetheless have some interesting committee assignments. do i infer correctly? >> i am here to represent my district. i love my country. i'm here for all the reasons. lou: the speaker of the house is also elected by you and 434 other folks. so why don't we get to the point. you

why does the president put up with paul ryan. he's sold out to everyone he can sell out to, the chamber of commerce, the business round table, to the establishment in every way he does hi master's building and says the hell with the republican party every chance he gets and conservatives be damned. >> well i wish that speaker ryan would form a government coalition with conservatives and i wish that conservatives would be more willing to work with the speaker on those matters. unfortunately this bill that we're about to built on was built on ooh conservative that did not include conservatives. i'm sure that chuck schumer is popping the champagne in his office right now with a number of democratic priorities maintained. lou: he would be a damn fool if he weren't. we're looking at $4 billion in spending headed his way, an easy pass down the northeast corridor for the tunnel project, the gateway project. we're looking at the president accepting a 5% down payment on the border wall which is basically a large statement to the president

underscores the dilemma that paul ryan faces. half of his caucus believes the way to get out of the rut is to continue doing what they're doing but more aggressively. make the case that the tax cuts were more positive. and then the other half is freaked out about what happened and they're taking steps to make sure they're insulated from it. and paul ryan has these two variables to contend with and so far he's done nothing. >> thank you for joining this round of the discussion. up next the most toxic working environment in the country, where could that be? 1600 pennsylvania avenue. people are describing it as the most toxic environment they've ever been in. it's the environment they chose. sfx: muffled whistle text alert. i'm your phone, stuck down here between your seat and your console, playing a little hide-n-seek. cold... warmer... warmer... ah boiling. jackpot. and if you've got cut-rate car insurance, you could be picking up these charges yourself. so get allstate, where agents help keep you protected from mayhem... ...like

underscores the dilemma that paul ryan faces. half of his caucus believes the way to get out of the rut is to continue doing what they're doing but more aggressively. make the case that the tax cuts were more positive. and then the other half is fraekd out about what happened and they're taking steps to make sure they're insulated from it. and paul ryan has these two variables to contend with and so far he's done nothing. >> thank you for joining this round of the discussion. up next the mosting to toxic w environment in the country, where could that be? 1600 pennsylvania avenue. people are describing it as the most toxic environment they've ever been in. it's the environment they've chose. so in this commercial we see two travelers at a comfort inn with a glow around them, so people watching will be like, "wow, maybe i'll glow too if i book direct at choicehotels.com." who glows? just say, badda book. badda boom. book now at choicehotels.com. there's somethingdoing toyou may be missing. a key part of your wellness that you may b

ryan,: house speaker paul the gop leaders at their weekly news conference. we heard a lot about these tariffs. there's clearly abuse happening but the better way to go about solving the issue is to be more surgical and more targeted. he says there is a legitimate problem and he wants to go after abusers but does not want to risk collateral damage. he says he's had multiple conversations with the president on this. the president knows their view so they continue. kevin brady will discuss this all morning. let's discuss how the markets are making this out. paul ryan says he's not watching the gyrations of the mark in on a daily basis but you have to. >> we absolutely do. >> it's clear the market moves on these headlines so where do we end up? init's important to remember the context of saving for retirement that we are trying to look through the hourly and daily gyrations, not just where the market will be in six or 12 or 18 months or five years and position our portfolios for the longer-term. what we saw in the market in january i think was this party is goin

these rumors of paul ryan resigning are fake news. i talked with multiple members of congress, they said fake news. one of them asked him point-blank, are you going to resign? he said absolutely not. i don't think you will see a leadership change anytime soon on the house side but trish, i think omnibus bill is a sign that congress is broken and if you want to talk about leadership that needs to change, congress is broken because mitch mcconnell is basically letting the democrats help run the senate with him. i honestly think some days, trish, we have joint majority leaders with chuck schumer and mitch mcconnell and one ruling class swamp party because let's face it, a lot of gop senators frankly like the broken congress. they can help out their crony special interests buddies and tuck away special earmarks in 2200 page bills nobody reads. look what happens, we have 1.3 trillion omnibus bill is leadership needed? yes. house is operately exactly like it should be. the senate is completely broken and i blame mitch mcconnell. trish: you

the two will attend the friends of ireland luncheon hosted by paul ryan. vice president mike pence is set to attend the festivities with the president and irish prime minister. speaking of vice president, the vice president's plan to become president has been disrupted by the current chaos in the white house according to our next guest, best selling author, columnist, reporter and editor at large for the huff post magazine high line vicki ward. her latest piece is entitled "swamp thing." i love that. also with us at the table, political writer for the "new york times" and msnbc political analyst nikon -- nikon 'fess sorry. >> so many republicans are lining up next to the president. they must see him as success, luck thing for the future. >> right. so actually, what i say in the piece is that, i think he was -- mike pence's aspirations have been threatened really last spring when the mueller investigations began, comey had been fired, and people around mike pence began to be very afraid that his close proximity to the president would damage his reputation,

trying to knock off paul ryan. and republicans don't seem to mind trump's trouble with women, his coziness with putin or his threats to fire mueller. all that is fine as long as he is on their team. >>> finally let me finish with a look at our two political parties today. how far left are the democrats? how far right interest republicans? great new statistics from the pew society. this "hardball," the place for politics. and the first thing they asked was 'are you ok?' they always thank you for your service, which is nice because as a spouse you serve too. we're the hayles and we're usaa members for life. see how much you could save with usaa by bundling your auto and home insurance. get a quote today. olay regenerist shatters the competition. hydrating skin better than prestige creams costing over $100, $200, and even $400. for skin that looks younger than it should. fact check this ad in good housekeeping. olay regenerist. ageless. >>> well, that was a close one. seven-term congressman dan lapinski last night sur

ryan, house speaker, has come out with a statement, reflecting the point of view of paul ryan and now i have the verbate here. "as the speaker has always said, mr. mueller and his team should be able to do their job." what do you see in this statement, and the need for this statement today? >> well, it's clear some republicans are at least speaking today. i'm a little more cynical, and i see this in the wake of the pennsylvania election, republicans are worried about this costing them a majority. at least the speaker is making a statement sending a signal to the president. the question, is there anything to back it up? this comes after the house closed down its own investigation. we don't really have congressional investigation that we had in iran-contra, in watergate, and so there are limits to what the republicans will do to protect the integrity of the process. i don't know what they'd do if push came to shove if the president announces in the next couple of days or sends signals that he wants mueller gone, i don't know how speaker ryan would then respond. i'm not sure what he woul

house speaker paul ryan tweeted today --

the last couple of minutes when paul ryan wrapped up that conference. what did he say? >> there is the fir time we've had an opportunity to talk to ryan on camera about this. ashley strong put out a brief statement over the weekend. that was something mitch mcconnell did not take saying speaker ryan stating mueller should be continue to do his job. he was asked this morning at the news conference to expand on it a little bit and le essentially said he's going to trust that the white house won't make this move. take a look. >> the special counsel should be free to follow through his intention to a completion without interference, absolutely. i am confidence he'd be able to do that. i've received assurances his fires is not under consideration. we have a system based on the rule of law in this country, no one is above that justice system. >> so, the questions, who did those assurances come from, it's not clear what the shake ups in the legal teams, president's own tweet, nobody has a say in this expect forget president himself. it's spirally possible that the speaker and

about those tariffs, they've pitted the president against speaker paul ryan. will the rest of the republican party be able to convince trump to back down? plus, democrats in texas reaching record levels of early voting in a mid-term year. signs that a blue wave may be ready to hit the lone star state in the first primary tomorrow. we're going to go there live just ahead. you're a life of unpredictable symptoms. crohn's, you've tried to own us. but now it's our turn to take control with stelara® stelara® works differently for adults with moderately to severely active crohn's disease. studies showed relief and remission, with dosing every 8 weeks. stelara® may lower the ability of your immune system to fight infections and may increase your risk of infections and cancer. some serious infections require hospitalization. before treatment, get tested for tuberculosis. before or during treatment, always tell your doctor if you think you have an infection or have flu-like symptoms or sores, have had cancer, or develop any new skin growths, or if anyone in your hou

looking at paul ryan speaking. we expect him to face questions about what happened to republicans in pennsylvania '18. a district they had no business losing, no business even running a close race, a democrat is now poised to win, conor lamb leading with almost all of the votes counted right now. alex is in the district right now in canonesburg, pennsylvania. what do you see? >> reporter: a stunning result or potential result. we have not called this race. there are still some votes out there. all of the votes are in but not all of the votes have been counted. what we know right now, the democrat conor lamb is up by .2% over the republican rick saccone. we saw conor lamb declaring his victory despite we and others have not called the race. rick saccone has not conceded. i say it's a staggering result because it is on so many different levels, we saw the president campaign for him over the weekend and we've seen donald trump jr. ivanka and vice president mike pence and conway to cast their lot in with rick saccone.

. >> i would posit to paul ryan

paul eye -- paul ryan's office is considering stepping down. jason chaffetz says he wouldn't be surprise if ryan stepped down sometime soon. he's on the shoe. stuart: smith klein has agreed to pay nevatus $13 billion, both stocks will be up at the opening bell. multiple explosive packages sent to military bases in the dc area. ashley: yeah, what was inside them you're going to ask, well, suspicious black powder which could be component for explosive device, x-ray showed gps and defuse, it's unclear whether they were functional explosive devices, nevertheless, the packages were sent to six areas, the cia mail sorting facility, we had white house mail sorting facility, a u.s. navy facility and so on and contained in some of the packages, stu, were apparently rambling letters from someone upset about something, it's nothing to do with the austin bomber, there were questions whether these could have come from that individual before he killed himself but authorities said no. stuart: speaker of the house paul ryan's denies speculation that he's consi

ryan, mitch mcconnell domestic policy and the tax cut bill was the ultimate example of that. once that was done, gary cohn says good-bye.

ryan and other politicians are saying in washington at this point and the senate has started voting on repealing banking reforms that were introduced after the financial crisis so what measures are they looking at introducing exactly. yeah there was a important to vote here on tuesday and that pasta rather easily so far bangs was over fifty billion dollars were considered to be too big to fail and tend to follow rules calling lee now this limit pretty likely it will be increased to two hundred fifty billion dollars meaning that a lot of small and midsize bangs regional banks for instance will have a much easier time to use their capital and let it work of their might be some opposition to it but overall and maybe the regulation that we had after the financial crisis was a bit too strict so that's probably going to change pretty soon just in the grip that on wall street. thank you very much. this is geneva motor show gets underway with the industry shaping up for one of the biggest transitions in its history the pivot from petrol to electric power but it's a revolution in slow motion

paul ryan is from wisconsin. they need more infrastructure and infrastructure is not happening at the moment. this is the company that had a property of just $9 million last year. i'm sure it may have sold off earlier. >> believe me for looks less likely it's good for them. if you have a 25% tariff, and that could take away a quarter announced by jpmorgan. a quarter projected earnings for next year. this is a company trying to make a go of it. >> .iran. that's interesting. to read today as this is less likely. we'll come back. we also have a story to send the anti-trump tax. not being called out for what he did not do during the clinton cleaning investigations. added more straightahead back on cavuto coast to coast. stay with me, mr. parker. when a critical patient is far from the hospital, the hospital must come to the patient. stay with me, mr. parker. the at&t network is helping first responders connect with medical teams in near real time... stay with me, mr. parker. ...saving time when it matters most. stay

in atlanta, they let it all become about who would be speaker, paul ryan or nancy pelosi. in that district, people voted to keep the status quo. connor lamb has said he would not vote for nancy pelosi for speaker. he would vote for someone else. connor lamb is pro gun rights, pro life. he's a perfect candidate for the district. one of the things we democrats have to come to grips is, we need pro life democrats. we need democrats that aren't as strong on gun control as some others are. we need a broad tent and we have a chance to win. it's an interesting race. but in connor lamb comes within five points, it's a big bellweather saying republicans are in for trouble in november. >> harris: interesting. i want to talk about your former chair. at a national level, the dnc is struggling with fund-raising right now. with your experience, what do you think the problem is? oh, by the way, i mean, the tax cuts are working for republicans. >> well, look, republicans traditionally have an advantage in fund-raising. the tax cuts are working because republicans have been on the air for

>> paul ryan says he's worried a about trade war. are you going to back down on the tariffs? >> no, we're not backing down. >> and of course sound from monday we'll hear the speaker's response live coming up plus, what the ceo of saudi aramco told us exclusively don't go away. ♪ ♪ build and run apps anywhere you like, while keeping your competitors at bay. the ibm cloud. the cloud for smarter business. ♪ >>> welcome back to "squawk on the street." there's one company that's cheering the idea of new tariffs. kayla joins us from buyer steel in cincinnati, ohio, with more hey, kayla >> reporter: hey, michelle i want you to take a look at this glowing ember this is an old railroad axel that's been heated up to 2400 degrees. it's going to be reheated, melted down. it's incredibly malleable. from this will become 1200 feet of rebar to be used in commercial construction. the ceo of this company, buyer steel, says cheap imports have kept him from even being able to compete in nearby louisville, but he'd love to be a foreign player he s

the market is reacting, paul ryan said not so fast, half of his advisors say not so fast. the entire american business community will say not so fast. those are formidable forces even for a president with a sledgehammer. david: liz, the fact that peter navarro are not president trump. they are two different people. president trump will use peter navarro, sometimes use people who have very different views on trade. right now he is using peter fa varroa. tomorrow he might not be. >> exactly right. half of his advisors were arguing against it. half of his advisors were totally on board of this. we have seen this president go up against the chamber about commerce interests. that is establishment republican voices more than one time. he didn't get elected by those people. he got elected by workers. if he thinks this is in the best interests of workers, by the way he may be dissuaded of that he will move forward. david: liz, hold on a second, i want to asked a dam a question. put on your report ear es hat about carl icahn. there is this discussion about whether or not he had any

and even within the ranks of his own party in a public confrontation house speaker paul ryan and other republican allies of the president pleaded with him on monday to rethink the measures which they fear could spark a dangerous trade war republican congressional leaders even suggested they may attempt to block the moves but trump well he remains defiant he replied we're not backing down now all this comes as the u.s. canada and mexico are attempting to renegotiate the north american free trade deal or nafta which could also be impacted by the dispute over tariffs. the nafta partners were all smiles in mexico city but then the u.s. repeated its warning it could walk away from the longstanding free trade agreement . as president. we hope for a successful completion of these talks and we would prefer three were part of agreement that proves impossible we are prepared. if agreement can be resolved because there was clear anger at trump's new tariffs and a warning that there was more than just trade at stake. and canada believes that all of these restrictive trade tariffs on canadian steel

paul ryan is up. let's listen. >> we don't do the blurt out thing. i'm not watching the gyrations of the market just make sure we have good economic policy and think the best approach and the president is right. there's clearly dumping of steel and aluminum. that's happening. there's a big over capacity problem. let's focus on and the abusers of that and think the proper approach is a more surgical approach so we don't have unintended consequences. the ways and means committee has been work on solutions with the administration. the talks are ongoing and hoping we can get to a good place. we think the economy's doing well and we want to make sure every step we take forward does not create any unintended consequences. we've had multiple conversations and knows our view-every now and then we'll have a different approach on tackling the problem but there is a problem and want it done in a prudent way that's more surgical to limit unintended consequences. >> sandra: so you've been

house speaker paul ryan says it's defense needs to increase or it will get worse. >> just last week, we lost two f-18 pilots off the course coast of florida. we lost seven in western iraq. this is in many ways because of training and accidents because of our military budget. >> ryan climbed the wrongs of power focusing on cutting budget. >> what did you become a different talk? you had always been a deficit hawk. in fact, you had pressed president obama and criticized him to ignore the deficit. what changed? >> when i became speaker, i got access to the classified briefings to see what exactly our military is experiencing. i have been absolutely convinced that we have been doing a disservice to our men and women and military with a budget they have been getting. >> republicans and democrats agreed to the budget control act or sequester in 2011, which capped defense spending at $558 billion a year. next year, the pentagon's budget is slated to be $700 million. >> and admiral had warned that the deficit was the greatest national security threat to the u.s. what changed? >> nothing has

paul ryan has been vocal about the fate he does not agree with these tariffs. and bourbon whiskey, made in kentucky, the state of senate majority leader mitch mcconnell. orangejuice is a key export for florida — a vital swing state in us elections. and there's the ultimate example of classic americana levis jeans a us firm that relied on europe for a 20%jump in sales last year. the row is already hitting business. electrolux, europe's largest appliances maker, is freezing a $250 million investment in a tennessee factory over fears trump's tariffs could dent its competitiveness. poppy carnell is chief trade correspondent at mlex in brussels. this sounds like it is ratcheting up and, of course, we will see if donald trump holds his promise. europe is already ready for its retaliation? absolutely. it does seem that the case that things are ramping up untilwe seem that the case that things are ramping up until we have that final decision from donald trump there are still some people here are hopeful that they can persuade him to back down. certainly the mood in b

paul ryan throwing a wrench into the works. yen traders probably also in wait and see mode ahead of theaa drop. rising 1.1%. the aussie sticking your two-month low before we get retail sales. the balance of payments data and the rba decision, not expected to rock the boat. after korean inflation edged came inand the surplus at the lowest, the kospi up over 1% while the korean won is 6.80ming gains at 107 against the dollar. a quick check on the risk radar after benchmark treasuries rose to 2.88% overnight. we are keeping an eye on that given the speculation about whether or not trump will push through with his terror plan. the dollar is holding up -- terrace plan. riff plan. the dollar is holding up. the iea said it may raise its forecast if oil stays above $60 a barrel. before i go, a quick look at kobe steel, gaining 2% after a five-day drop. the stock on the radar as the company is set to announce the resignation of its ceo and chairman, kawasaki, along with other executives, including the head of the aluminum and copper div

but that statement from paul ryan's spokesperson is pretty lukewarm and we haven't heard anything from mitch mcconnell on the other side of the aisle in the senate. >> why is that? >> well, with i don't know. to be quite honest, i have heard more questions asked of democrats today and yesterday about whether theoretically they will continue to support nancy pelosi as speaker if democrats win back the house in november than you've heard questions to mitch mcconnell about what he would do if donald trump crosses this red line. this is go time. we've been preparing for this worrisome scenario for months now. donald trump couldn't be leading a bigger trail of bread crumbs. the next action could be an order he give to rosenstein to fire mueller. if donald trump is watching tv today and he's been trying to float this weather balloon, he may very well conclude from this l.a.x. of reaction from the two republican leaders that there will not be any blowback if he proceeds with the firing of bob mueller. they need to send a much clearer signal. >> john, quickly, why so silent from mitch mcconnel