Skip to main content

tv   Erin Burnett Out Front  CNN  December 14, 2016 4:00pm-5:01pm PST

4:00 pm
the more likely they will blast out and go forward with terror attacks against the west. we're going to continue this in the days ahead. a very, very serious development right now. that's it for me. to our viewers in the united states and around the world. thanks for watching. erin burnett "outfront" starts right now. >> "outfront" next. breaking fluz. yahoo hacked. more than one billion accounts breached. who is behind it. and ivanka trump's east wing office. will she take on the details of the first lady? and trump's apple. he wants the company to make iphones in america. how much more will you pay? we have the number. let's go "outfront." "outfront" a massive cyberattack. internet giant yahoo, american company, victim of a mainly
4:01 pm
security attack. more than one billion accounts hacked. yahoo believes an unauthorized third party is responsible. yahoo is asking all change their pass words. let's say that one more time. one billion people. >> the size of this is staggering. and keep in mind it follows a previously revealed [ inaudible ] so just staggering. they are not saying who did it. they are saying it was a criminal actor. as far as the extent of the information that's breached. it is names. e-mails. addresses and passwords but not financial information. so no further than that. so really the scale of this though is just incredible. >> and you have been talking to
4:02 pm
sources. when you say criminal actor. how serious is this, jim? it shows the extent and power of cyberhacks. we're coming out of a election where a state actor, we know russia had very significant impact or at least expanse of what they were able to reach in the democratic party etc. we reported earlier this week they also broke into republican party accounts. you see the power of this in a number of domains. here this is more business domain. and a company, one of america's premier technology companies that's now revealed major hacks twice in the span of several months and it also raises the question for this particular company did they do enough to protect their account after this half a billion person breech? clearly they did not. >> jim sciutto, thank you. and also gnaw tonight we're learning learning ivanka trump will assume some of the duties assigned to the first lady. shooem have an office in the east wing.
4:03 pm
transition aides calling it the "office of the first family." this as ivanka and her brothers don jr. and eric today sat in on a meeting between the president elect and silicon valley leaders billionaire. as you see jeff bezos there. tim cook from apple. cheryl sanberg sitting next to mike pence from facebook. the presence of the family at that meeting further blurring the lines. don jr. tonight tweeting about his involvement in the tech meeting. honored to have sat in. the most impressive group of minds i've seen assembled all looking to fight for america and u.s. jobs. and don jr. apparently heavily involved in the selection process for secretary of interior. and jeff zeleny begins our coverage tonight. there are laws against this.
4:04 pm
but this truly is a family affair. >> reporter: and ivanka trump's office is a sure sign that she'll be a central part of the trump white house. of course the trump children have always had a seat at their father's table at the trump tower. appears that will continue when he moves to the white house. donald trump has made clear his sons will oversee the old family business wheel he's in the white house. but they are also playing a key role setting up the new family business. helping select the trump cabinet. >> i think it is going to be one of the great cabinets ever, ever, ever. >> reporter: the latest example, the interior. donald trump jr. interviewed candidated and cnn learned persuaded his father to tap ryan zinke, a montana congressman and former navy seal as interior secretary. a position trump's oldest child once eyed for himself. >> now that that this has become very real with the presidency.
4:05 pm
the only thing i you would be doing in government is actually interior. so i don't know if i would be the head or just informing them. >> whether a conflict of interest or simply becoming the new normal in washington. the lines between the real estate empire and government are blurring. shortly after the election, his daughter ivanka trump drew fire for attending a meeting with her father and the japanese prime minister. today all three children sat in on their father's meeting with high-tech executives. >> we're going to be not only great. we're going to be greater than ever before. >> reporter: cnn learned the office of first lady will become the office of first family. his advisors say trump's children have always had a seat seat at the table and will continue in the oufl office. >> he's very very clear with the role of his family and trust he has in them in how to guide decisions. >> donald trump jr. has expressed his vision for interior secretary.
4:06 pm
>> under a trump residency. i'm going to have his ear. my brother eric is going to do have his ear. we're hunters. we're competitive shooters. this is what we do. we live the lifestyle. >> reporter: and the new trump hotel in washington. the trump family received a tax break of more than $30 million to restore that old post office which is still observed by the federal government and leased by the trump. and that is where the questions of potential conflict lie. when donald trump jr. who will run the trump real estate empire is also helping pick cabinet secretary, it is clear the wall between the family business and the presidency are not so clearly defined. >> and "outfront" now. mark preston. jackie kucinich, and other great people. don jr., sitting in on a meeting
4:07 pm
today. tweeting about the meeting with the tech ceos. interviewing and vetting a cabinet nominee. this is trump's son who trump this week said on twitter would be the one running the trump businesses. >> right. not until next month though. when they hold the news conference. >> for me, having his family involved in providing guidance, analysis, whatever it may be isn't an issue. the idea that they are running his empire and helping make decisions, that is the issue. >> the two things simultaneously. >> correct. that is the big issue. presidents have always relied on their family for some kind of counsel but this is a little too close for comfort. >> basically a water color going into this. it doesn't just like start over the day that the presidency starts. there is pictures. >> change in a few weeks is not going to fly. >> especially because the advisor, the tech ceos. they were sitting. they see the children sitting there. that is a message that, you know, if you are sitting down with don jr. you are very much
4:08 pm
aligned with the president. >> a family affair, jamie. because as i mentioned the top of the show we are reporting trump will name the traditional office of the first lady, the office of the first family. there are nepotism laws that prevent a president from formally hiring his family. naming the office the office of the first family if you don't formally hire them would appear to go clearly against the spirit spirit of that law. >> may go against it but i think as we've seen over and over again welcome to the world of donald trump. and it may actually be a very clever way of getting around it. because if it is a family role. it is a family role. and the other thing i want to point out is eric trump was also in the meeting for secretary of state. when mitt romney went. >> right. >> so this is a repeated thing over and over again. if this is a firewall we're
4:09 pm
seeing it is an invisible firewall because they are there every step of the way. >> paul, on the trump hotel, which jeff zeleny mentioned is overseen by the interior department. don jr. is going to be the one ostensibly running the hotel. he was the one in the meeting picking the secretary of interior. there are already foreign governments using that hotel to impress trump. if you were advising trump what would you tell him to do? get rid of that hotel altogether or not? >> what a tough job it is for a lawyer advising donald trump. he's got his own opinions about the law and this kind of advice. my advice would be wall yourself off specifically from pieces of business with foreign countries. and the hoet sl a classic example. there is suite that rents for 20 grand a night. say the soviet union decides we're going book that for a year
4:10 pm
while we work with treaties with the united states. -- it might very well and subject trump to impeachment. i'd be really careful about that if i were giving advice to the president. >> one of the biggest problems stella the oversight is supposed to come from congress. and congress is now being led by republicans in both chambers. i'm not saying they are not going to do their job. but treasury going to be an incredible amount of pressure overrepublicans and who over see the committees and have the ability for subpoena power to make sure that donald trump and his kids aren't crossing the line. and let's give him the benefit of the doubt. but the fact of the matter is there needs to be a watchdog on this and right now i don't know if congress is that watchdog. >> which is a huge issue here. there is no sign that anything is going to change. those tech ceo, they saw who was in that room today. they saw who was there. that was a very strong message.
4:11 pm
these people matter. and trump even went so far as to say. there is no hierarchy here. call me. call anyone. as if call one. call all. >> there is a a problem. but i would disagree a little bit. it is not like they are all in lock step right now when it comes to trump and russia. they are pushing forward. mcconditional, graham, mccain and corker all pushing forward in this investigation of hacking. and there are things they think congress will take and run with. and if this gets bad enough. >> then they would. >> because then their jobs get on the line. and serve a self preservationalist. >> you mentioned eric trump being in the meeting -- one of the meetings with mitt romney. why mitt romney did not get picked by donald trump. and the reporting is that the trump didn't even look at him seriously. you are saying he did. >> we are told he absolutely looked at him seriously. and i think there were three things. the first thing we learned is
4:12 pm
that trump would have liked an apology. for romney to say he was wrong. not immediately. hi didn't say that at the beginning. but after kellyanne conway and other members of his close advisors came out blistering, trump said to romney, could you please apologize. we need to nullify. not only did trump, but reince priebus, who was a big fan of mitt romney's did it and mike pence. mitt romney declined to do that. that said, i think one of the most interesting things we've learned is the two men got along very, very well. and trump told people, much to his surprise, i really like him. so by all accounts this was serious. >> but not enough. >> not enough. >> -- >>[chatter]. >> -- issue.
4:13 pm
they had two different world views and rex tillerson solved that problem for him them. and next, trump wants apple to bring back american jobs. he's been really aggressive about this. here is the thing. if your iphone was made in america how much more would it cost? would you pay it? and if you travelled to get back to the united states before donald trump is president, real fear or complete fear mongering? and remember america's dad, allen ficke alan thicke. your path to retirement may not always be clear. but at t. rowe price, we can help guide your retirement savings. so wherever your retirement journey takes you, we can help you reach your goals. call us or your advisor
4:14 pm
t. rowe price. invest with confidence. coaching means making tough choices. jim! you're in! but when you have high blood pressure and need cold medicine that works fast, the choice is simple. coricidin hbp is the only brand that gives powerful cold symptom relief without raising your blood pressure.
4:15 pm
coricidin hbp. yeah, chevy was great in that. who played the wife? beverly d'angelo! juliette lewis costarred as the daughter. oh, i think it was um... chris columbus was the director... it's called claymation... narwhals really exist... actually guys, it was the ghost of christmas past... never stick your tongue on a frozen flag pole... yukon cornelius... "die hard" is considered a christmas movie! that's the unlimited effect. stream your entertainment with unlimited data when you switch to at&t and have directv.
4:16 pm
nuit's earned in every wash... earned overnight. ... and re-earned every day. tide. america's number one detergent.
4:17 pm
tonight the president elect reachi reaching out to tech company ceos. >> i won't tell you the number of calls we've had to attend this meeting. anything we can do to help this go along and we're going to be there for you. >> leaders from amazon. facebook, and apple. a company trump has slammed during the campaign. dan simon is "outfront."
4:18 pm
>> boycott apple until they do it. boycott them. who cares. >> first blasting the company for refusing to unlock an iphone belonging to one of the san bernardino shooters. >> give me a break. why wouldn't they want to do it. >> and trump turning to overseas manufacturing saying this at nearly every campaign rally. >> we're going to have apple building their product in the united states. not in china and vietnam and all over. >> and believe me if i'm president that is going happen. >> reporter: but analysts called that highly unlikely. for starters, consumers would have to pay probably a lot more. estimates vary but perhaps double the amount. an iphone 7 starting at $600 could go for $1300 or more. workers get paid roughly $400 a month to assemble iphones.
4:19 pm
in the u.s. workers would make a minimum of nearly a thousand month. costs that could be absorbed by consumers. >> that cost of an iphone or whatever it is would go exponentially. >> and any job gains would eroded over time with robots, not people building the phones. >> i would argue that any job that has a lot of repetitive tasks is going to move to robotics other the next ten years. >> reporter: apple designs its products in the u.s. but he says at least 80% of its raw supplies also come from overseas, which makes building an iphone in america seem even more practical. while trump recently told time magazine he challenged apple to build its biggest plant yet in the u.s. instead of china. the company points out directly responsible for wide spread job creation in the u.s. from engineers and retail employees to app developers. >> we've created 1.9 million
4:20 pm
jobs now in the united states and we have tens of millions of customers who use the products. we work for them. and we love deeply our country. >> but trump's criticism may be having an impact. fox says it is now in talks to expand its presence in the u.s. well the bottom line is an iphone made in america is probably a campaign pledge that donald trump will not be able to fulfill. that said, foxconn did tell cnn it is in preliminary scruggss to expand its regions this is the u.s. but no timetable when something like that would happen. reiterating again that it is responsible for 2 million jobs in the u.s. some of who work in this retail shop behind me and i'm told is pretty busy this time of year. >> thank you. excellent reporting. you go down and get the bottom line here of what the reality is. would you pay double?
4:21 pm
"outfront" now. jonathan, you saw dan simon's report. would people just on this bottom line issue. $650 now. $1350 or more possibly later. would they pay that much. >> in some ways the iphone is not a good example of manufacture in america and what people would pay. because it is such a luxury. and almost a mythical item. and people line up for days sometimes for the newest iphone. i suspect there might be sticker shock in the beginning. but people would eventually buy the product. more important to me is is wages people would paid to manufacture those things in the u.s. >> you suspect people would pay that? >> i think that the made in america campaign. you are paying here. and i did focus groups some
4:22 pm
years ago about people shopping at walmart. not the same level of prices. but people said if they knew people were getting higher healthcare and better wages they would be willing to pay more at walmart. i think the same would be true for an iphone. >> i think if apple thought they could make murpore money sellin iphones for 1300 bucks, they would be doing it right now. -- that's great. but if they are doing that that is not a publicity stunt. they are doing it because they see a way to make money using american workers and expertise and american capital investment and we need to make a business environment that makes sense from a bottom line perpetrative. >> workers in china and workers in the chientive.
4:23 pm
china, is playing slave wages. the difference is not about skill. this is about wages. this is about profit. >> let me interject here. first i want you to tweet us. let us know would you pay 1350 for an iphone. tim cook says you are wrong. hi says no, they have the skills in china. not here. here is how he put it, job. >> china put an enormous focus on manufacturing. in what we could call vocational kind of skills. you could take every tool and dye maker in the united states and probably put them in the room they were currently sitting in. in china have you lived to have multiple football fields. >> you say rubbish. >> it is rubbish. there are plenty of good skilled worker here's. plenty of good skilled workers in china. the issue is wages. the reason apple is in china is
4:24 pm
because they are profiting, essentially using slave labor. and there are plenty of people here who both lost jobs before. who worked assembly line jobs in industrial america. plenty of people have been trained for this. this is not such high work. >> jonathan has a point. you just saw the numbers in the piece. 400 a month is what you pay a work ner china. would be a thousand dollars in the united states. it would seem this is about numbers. not about skills. >> so manufacturing in the u.s. has some other advantages that tend to offset the wage costs. less shipping. not dealing with multiple regulatory regimes. so american workers are going to make more. they are closer to the market. they have better outside options. chinese workers may make low wages but when the alternative is to go back to a rural village with no jobs. they are willing to take those jobs. the evidence is great many rural
4:25 pm
chinese have moved to the cities very willingly to take these industrial level jobs are that similar to what our grandparents worked in the united states. >> as jesse jackson used to say even slaves had jobs. and those folks moving from rural china. they are in deep poverty. they have no choice and some are living in just awful can bes. >> thank you both very much. i appreciate your time tonight. and would you pay 1350 for $135 iphone? as the crucial question for donald trump. "outfront" next. colleges around the u.s. warning if you leave the u.s. before trump is inaugurated, get back in. and ivanka trump. where could they [ gears stopping ] when your pain reliever stops working, your whole day stops. try this. but just one aleve
4:26 pm
has the strength to stop pain for 12 hours. tylenol and advil can quit after 6. so live your whole day, not part... with 12 hour aleve. my budget used toespecially downer. around the holidays. i made a list of everyone we need to get gifts for this year. but thanks to, we can shop over 700,000 items from brands like samsung, kitchenaid and lego.
4:27 pm
all with low monthly payments. just click on over to for the credit you deserve to get all kinds of great gifts. [ drums playing ] let's wrap this one last. ♪ tit's what's inside the person insidwho opens it. give ancestrydna, the simple dna test that can reveal their ethnic origins. order now at
4:28 pm
4:29 pm
warning tonight, students undocumented immigrants. if you are traveling outside the united states, come back before president elect trump is inaugurated. we're hearing similar messages at the university of california campuses. pretty stunning but it is happening. kyung lah is "outfront" live in los angeles tonight. and this is incredible to hear. what are university officials actually saying? >> wie we're talking about a letter in cal state's chancellor. a letter sent to the faculty of all 23 campuses and it discusses what to do about dhaka students. the so called dreamers and what happens after the inauguration. students traveling overseas writes the chancellor should
4:30 pm
quote, stay put. basically return and stay put in the united states. one segment of the letter he writes immediately inform your students who are already abroad that unless they return by january 19th there is no assurance they will be allowed to return to the u.s. and there is a realistic possibility they will be denied reentry. the statement coming from all of the rhetoric we heard from the president elect during the campaign trail and what the letter fully explains is you have to be prepared after inauguration. we're talking only a handful according to cal state, perhaps ten. but the issue what they are trying to drive at, what to do about these students in flux. >> so what's been the reaction? >> this is such a highly emotional issue, especially here in california. where you have a high population of immigrant students at these campus, latinos and asians. we spoke with one ucla students. one speaking with one of our
4:31 pm
filaments a filament affiliates and she says basically what they are feeling is uncertainty and fear. >> i was just 13. i didn't have a voice. i grew up here. and grew up reciting the pleng of allegiance. and just the idea of being vulnerable to deportations is crazy. because there is nothing for me to go back to. this is my home now and i have as much of a right to be here as my peers. >> and the last word we heard from the president elect was an interview we did with time magazine. and in that interview, while he would not back down on ending president obama's executive orders on immigration he did say he would "work something out in regards to these daka students." the people who supported mr. trump and voted for him. many do still consider these
4:32 pm
students illegal even though they came across with their parents. >> "outfront" now our panel. ben, look, you just heard what she said. trump has called president obama's executive actions on immigration illegal. he was very clear about this on the campaign trail. let me play what he said. >> we will immediately terminate president obama's two illegal executive amnesties, in which he defied federal law and the constitution to give amnesty to approximately 5 million illegal immigrants. >> -- terminate the executive action. so what is the bottom line here. the chancellor and the university's justified fear? or fear mongering? >> this is fear mongering in the most sad and i think sick form. because you actually have
4:33 pm
students that may believe genuinely that january 20th they are not going to be allowed back into the country. one it would be virtually impossible for that to take effect on the same day even if that is something he wanted them to do. but he's going look at how to have some sort of compromise. there's been no indication from donald trump he would go after and punish people that came here at a very young age against their will and have no say so. but to put it out there to these students that if you don't back to the united states of america that you are going to be left out of the country and never get back in. it is sick and perverted they are using this for. >> i thought it was fear mongering when the president elect of the united states of america went all across the country during his campaign saying he was going to deport people and create a deportation
4:34 pm
force. >> there are people who are going to be deported. >> the -- the president elect said he was going repeal the policies on the immigration form. i thought it was fear mongering when the president elect said all these policies were illegal. >> but because they are articulating a valid concern that they are the ones who are fear mongering and not the president elect of the united states -- >>[chatter]. >> -- seems to be an absurd assertion. >> he said the things he said in those rallies. okay. ben. he did. but in an interview with time magazine, last week. so this is after he won the white house. he said something very specific. >> made it very clear. >> -- said we're going to work something out that's going to make people happy and proud. talking about the daka students. the dreamers. the college kids. they got here at the young age
4:35 pm
and they don't know what's going to happen. stella enough that these, cal state, california campuses should have seen this and said wait a minute we shouldn't have put that warning out there? >> absolutely not. in the problem with donald trump, on issues with healthcare reform, issues that deal with isis. there is no specificity to anything he says. so he goes out and give these campaign speeches and get everybody riled up but he doesn't offer -- >> -- >>[chatter]. >> -- like his healthcare plap. his terrific care. there is no specificity, ben. and even tries -- >>[chatter]. >> -- on lack of information that donald trump -- >> [ inaudible ]. >> he did explain they worked hard in coming here etc. etc. but his solution was -- [inaudible] -- happy and proud.
4:36 pm
>> specific point is there is going to be a compromise here and when he becomes the president he's sworn in on january 20th he's going work on some sort of compromise. >> some sort of compromise. >> let me finish what i'm going to say about this that students that have have been here. that came here at a young age. we're going to work on a compromise for them. i'm in favor of that compromise. there are some people here illegally that should be deported. he's made that clear. that is not talking about these students that are under dak. for the presidents and universities to go out there after he did this interview with time magazine and said these students are somebody who shouldn't have to live in neverland -- >> -- filibuster ben. >> i'm not filibustering. i'm stating what donald trump -- >> okay. -- >> way too far. >> go ahead keith. >> at some point i issue you would accept the idea that donald trump is at least partially responsible for the
4:37 pm
rhetoric and climate he's created. and not always assume that everyone else responding to that rhetoric is at fault. you are always assuming the person responding to the rhetoric is at fault. the one person creating the charge is donald trump. let's hold him accountable. don't give him a blank check to do whatever. he should at this point, 35 days before he becomes president have some idea what that is. that is a problem. and the [inaudible] >> -- he hasn't been clear on exactly what that is. he sid say he's going to repeal all these things. wouldn't it be incumbent on him to be a little more clear. >> i think that is exactly what he was doing in time magazine and hen he specifically talks about the students and specifically says we're going to make people happy -- >> happy is not a policy. >> when he's talk about the happy i'm pretty sure we can be intellectually honest enough
4:38 pm
that means some sort of compromise here. you just don't like donald trump in general and you don't like what he says in general but i'll finish my point by saying this. when donald trump says that in time magazine it is irresponsible for presidents of universities for their own political reasons to terrify students that are under that category in their university testimony system. >> want to pause there for tonight. thank you both. next, did this woman single handedly crush trump's stock market rally? and the billionaires of the cabinet. we're going to take you to the new billionaires row [burke] hot dog. seen it. covered it. we know a thing or two because we've seen a thing or two. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ for patients like lynn, advanced genomic testing may lead to other treatment options that can work. learn how genomic testing is changing the way
4:39 pm
we fight cancer at afoot and light-hearted i take to the open road. healthy, free, the world before me, the long brown path before me leading wherever i choose. the east and the west are mine. the north and the south are mine. all seems beautiful to me. what's the best way to get v8 or a fancy juice store?s? ready, go! hi, juice universe? one large rutabaga, with eggplant... done! that's not fair. glad i had a v8. the original way to fuel your day. imy moderate to severeng crohn's disease. i didn't think there was anything else to talk about. but then i realized there was.
4:40 pm
so, i finally broke the silence with my doctor about what i was experiencing. he said humira is for people like me who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. in clinical studies, the majority of patients on humira saw significant symptom relief. and many achieved remission. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections and cancers, including lymphoma, have happened; as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. before treatment, get tested for tb. tell your doctor if you've been to areas where certain fungal infections are common, and if you've had tb, hepatitis b, are prone to infections, or have flu-like symptoms or sores. don't start humira if you have an infection. if you're still just managing your symptoms, talk with your gastroenterologist about humira. with humira, remission is possible.
4:41 pm
we need to be ready for my name's scott strenfel and r i'm a meteorologist at pg&e. we make sure that our crews as well as our customers are prepared to how weather may impact their energy. so every single day we're monitoring the weather, and when storm events arise our forecast get crews out ahead of the storm to minimize any outages. during storm season we want our customers to be ready and stay safe. learn how you can be prepared at
4:42 pm
together, we're building a better california. interest rates going up for just the second time in a decade. in a decade. the fed announcing that constitutional rights will go up. a quarter of a point but it effects all of us. and when the chief of the fed actually took questions today they weren't not about. that they were almost all about a man who repeatedly attack her on the campaign trail, donald trump. >> i'm not going to offer the incoming president advice about how to conduct himself in policy. i'm a strong believer in the independence of the fed. >> phil mattingly is "outfront." and janet yellen, the chief of the fed was a frequent target of the president elect during the
4:43 pm
campaign. it was almost all she was asked about today. it would be an understatement to say he's not a fan of hers. >> reporter: it is normal in a election, in a campaign, in the white house that you don't talk about the federal reserve. they are supposed to be a very defined wall there. you can't get josh ernest ore president obama ever to weigh in. not the case with donald trump. take a listen to him on the campaign trail. >> this janet yellen, of the fed. the fed is doing political. the fed is being more political than secretary clinton. >> janet yellen should have raised the rates. she's not doing it because the obama administration and the president doesn't want her too. >> i think she's very political and to a certain extent i think she should be ashamed of herself. >> reporter: the interesting element here is be careful what you wish for. while the rates are now going up
4:44 pm
and as you noted that could be problems for donald trump's economy. and you look at the fed minutes today what exactly came out. and they are talking about raising rates at an increased level than they religionry were. as many as three times next year. and this is a major tax cut. a major stimulus from a major infrastructure plan. those are things that spark inflation concerns. inflation concerns cause rate increases as well. donald trump said a lot of things about janet yellen. she may have the power do a lot of things next year he doesn't appreciate very much. >> and "outfront" now, the president bean ko researcianco . there is supposed to be this wall. is there any concern that he has
4:45 pm
said these things that he may try to influence the fed or that the fed could try to seek revenge on donald trump. >> well yeah, you are right. that the historical rules of that you don't criticize the fed have been thrown out the window right now. he is criticizing the fed. the believe on wall street is when janet yellen's term ends in january of 2018 we'll have another federal reserve chairman. it won't be her. and we can debate about who it might be. but there are going to be big changes at the federal reserve over the next year to 18 months. >> in the meantime obviously raising interest rates, as phil was explaining. right, it costs everybody more money and that can hurt an economy. trump is incredibly proud of his stock market rally. incredibly proud. stocks had their worst day today in two months. because of jeanet yellen. he's still both boasting however.
4:46 pm
he's proud of it. >> doing well right now. and i'm very honored by the bounce. they are talking about the bounce. so right now everybody that is to like me at least a little bit. but we're going to try and have that bounce continue. >> that was this afternoon. obviously as stocks were doing the exact opposite. he was talking about people in that room. goldman sachs in that room. did she just kill the rally? >> you know it is the opening question. basically interest rates won out and they can go up for one of two reasons. they can go up because of real growth is getting better and that would be a very good thing for the stock market and for the economy. or they can go up because there is a fear that inflation is coming back. now put it in a different way, the trump rally has always been called the re-flation rally. but now wall street and the
4:47 pm
markets are starting to worry we' we're reflating the market. in and of itself the tax cuts and stimulus can be a good thing. but the devil is in the details. if it winds up to be the politically motivated we're going take care of the people we take care of and do the projects that help the economy, it is not going to help. but if we do the things about infrastructure and things to help promote growth it can help. it is machine than just a trillion. this is what are you going to do with it. and next a nearly $12 million condo is said to be the most expensive in washington d.c. look inside. you will go there. could it be ivanka trump's new
4:48 pm
home? and jeanne moos on alan thicke. the beloved comedian and became american's dad. >> i'm jacyn seaver. this is my house. this is seavers house. hey ben you're ground ltd.
4:49 pm
4:50 pm
4:51 pm
ivanka trump will have an office in the white house. this as she and her husband go house shopping in washington. >> reporter: each now on the hunt for a premier washington address. ivanka trump and jared kushner are preparing to move to d.c. with their three young children. sources tell cnn this past sunday they were out house shopping in georgetown. >> i'm incredibly proud to play
4:52 pm
a small role in debunking this caricature of what a working woman likes. >> theblgd go the iconist route, snatching up one of the hottest in d.c. or just blocks away something more in line with the manhattan apartment they live in now. this sprawling penthouse condo at the ritz carlton residences, clocking in as the most expensive con doe on the market in washington at nearly $12 million. but d.c.'s new power couple aren't the only well heeled headed to washington in the market for a new home. >> we know there are new cabinet members searching for real estate already and they are out and about. >> high end luxury real estate agents say the top echelon of their business is moving at a
4:53 pm
level not seen before the previous changes of the guards in administrations. due to the striking amount of the deep-pocketed officials flooding washington. trump's can't picks forming a long line of multi millionaires and billionaires. >> the first people who have arrived for expressed strong preference for luxury properties in turnkey condition in excellent locations. close in. >> the northwest neighborhood of kalorama. the storied watergate hotel. >> president elect donald trump's commerce secretary
4:54 pm
nominee wilbur ross just purchasing a $12 million property just a few doors a away. >> thank you very much sunlen. "outfront" next. jeanne moos looks at the life of one of america's favorite tv fathers but thanks to, we can shop over 700,000 items from brands like samsung, kitchenaid and lego. all with low monthly payments. just click on over to for the credit you deserve to get all kinds of great gifts. [ drums playing ] let's wrap this one last. ♪ it has long been called storm of tiny bubbles, the champagne of beers. ♪ if you've got the time welcome to the high life. ♪ we've got the beer ♪ miller beer
4:55 pm
we have your fingerprints soon the safe., a photo of you opening the safe. a post using the hashtag "#justrobbedthesafe" so, what are we supposed to think? switching to geico could save you a bunch of money on car insurance. excellent point. case dismissed. geico. because saving fifteen percent or more on car insurance woo! because saving fifteen percent or more on car insurance is always a great answer. we'vand and here. the answer is 8. bottom line, life is hard. that's why godaddy created website builder... it makes creating a website...easy.
4:56 pm
build an awesome mobile-friendly, website... and it's free to get started. plus with the money you save, you can hire a math tutor. get your free trial of godaddy website builder now! at
4:57 pm
4:58 pm
"growing pains". one of america's most loved tv dads. here is jeanne moos. >> reporter: 69-year-old alan thicke had a heart attack doing something he loved. >> look at all the hockey shoes you have. >> you don't say that ever to canadian. these are skates. >> reporter: today i lost my best friend and idle and the world lost one of its finest tweeted carter. his most famous son, robin, didn't blur these line, writing he was the best man i ever knew. thick was best known for the '80s sitcom "growing pains." he played a gender-bending role as a stay at home psychiatrist and idealized dad. >> i didn't do the stupid drug. >> the sitcom occasionally
4:59 pm
covered serious topics like cocaine use. >> thanks dad. >> the show launched other stars like leonardo dicaprio. >> you don't trust other stadoc anymore thmore than i do? >> what was it that kept that show so popular? >> i think it was me, erin. it was all me. >> reporter: saving him from his most painful experience. a failed talk show that went up against the buzz saw of johnny carson. thicke also composed theme songs to the "facts of life," and "different strokes" and "wheel of fortune." in his last role he dropped the good a dad persona to play a bad
5:00 pm
father. >> it is not my fault and i don't care anyway. >> reporter: he certainly cared a lot. and his fans and family certainly cared about him. >> sad to lose him. and thanks to all of you for joining us. don't forget you can watch the show anywhere, any time, cnn go. anderson is next. good evening. we begin tonight with the dying cries from a city once as large as houston, texas as old as civil dags and sadly now with any place of compassion here on earth. dying cries and pleas for help. the cease fire that was supposed to give the civilians a safe way out collapsed. the new one is suppose to take hold but past experience does not offer hope it will last. and carnage, well that goes on. and


info Stream Only

Uploaded by TV Archive on