Skip to main content

Due to a planned power outage, our services will be reduced today (June 15) starting at 8:30am PDT until the work is complete. We apologize for the inconvenience.

tv   The Intelligence Report With Trish Regan  FBC  August 19, 2015 2:00pm-3:01pm EDT

2:00 pm
still down 4 1/2%. it looks like the news is taken out of the bad numbers and hasn't allowed it to take the coverage. the dow, oil is still down almost 5%. trish regan is here with interesting things to talk abo about. >> and a stunning development, everyone, and minutes of latest policy meeting. they were leaked ahead of schedule. according to the minutes, the conditions are such that we may be in store for a rate hike this year, but here is the thing, the embargo was broken. money was on the line and people are trading on this information and this is serious stuff. we've got team coverage for you, 145 on the dow and s&p trading down 16 points now. and jon hilsenrath with me and
2:01 pm
steven along with our own peter barnes and peter, you were there ready to go at 2:00 on the dot to announce this news. walk us through the process and what may have happened as this embargo was broken. >> yes, we're all trying to figure out what happened, trish. i was sitting here getting ready for this and all of a sudden we saw competitors running headlines before 15 minutes before the formal release of the document. we do get it a little in advance because it's usually a very long one, in this case, 12 pages and the fed likes us to have time to be able to read through it and get the information correctly. we did call the fed for comment. right now, no comment, but obviously, the fed is looking into what happened. we do know that the dow jones industrials news wire and the bloomberg news wires did run headlines from the minutes about 15 minutes before the formal release. >> and jon hilsenrath, you've
2:02 pm
covered the fed for quite some time. how often is it to see an embargo broken? >> well, you know, this happens from time to time and i should explain how this process works. a little bit adding onto what peter said, when these-- when the fed is putting out documents, whether it's minutes for a meeting or a policy statement, there's a small group of reporters, news wires, services, some of the newspapers, some of the tv outlets, get to look at it in advance so that we're not stumbling out of the wires and conveying what's in there accurately. sometimes what happens, a news organization gets slippery fingers and it goes out, you know, an editor lets it out prematurely. it looks like that's what happened here. you know, i would distinguish this from the kind of leak investigations that are going on around the fed, for instance, with this whole medley of advisors business, where the fed officials were apparently talking to private advisory services before or after a meeting. this isn't like that. this is where i think a news
2:03 pm
organization let it out accidentally in advance, but as peter said, we have to learn more how that happened and who did it. >> yeah, and just to familiarize everyone with that, here i am, liao looking at the minutes, my team, myself and we've been pouring through the minutes looking for highlights out of what happened there between july 28th and 29th, and to reiterate, again, the reporters get this information ahead of time, but all of us are trusted to not release that to others and to keep that information confidential. in this particular case, the embargo was broken. we're watching the market here, that's off 126 points. as you analyze what's going on, art hogan, and you look through this report yourself and you hear the conditions are such that they think they can raise rates in the fall. do you think it's going to happen? >> i think it's going to happen. i think what the fed is looking for is something to dissuade them not persuade them from that move and i think that the economic data have know the proved that out thus far. we get another jobs number
2:04 pm
before we get to make a move and that may well help. cpi didn't help that argument, certainly not bad enough, it's going to keep them from getting something under the belt this year. i will tell you this though, it's intriguing, all of this around the table at the fed was before the china demand story and market, sort of melting away. and that's the new crisis, they talked about greece. you remember greece? we talked about it for a year and it's in the rear view mirror, right? that's the latest crisis that we worked through. china is the new story so we don't know if china demand story and-- >> i think you're right and you wonder, do investors need to take this here with a grain of salt given what we've seen out of china and not factoring into what they were thinking back on the 28th and 29th? >> well, look, we have this hamlet debate to raise or not to raise for months and months and months and i think the fed
2:05 pm
is locked in, i think they're going to raise rates because the credibility is on the line. if you look at the kind of economic evidence that's been dribbling out the last two months, it's mostly been on the negative side. it disappoints on the negative. every time we have a new trip that has new economic data showing growth than we hope for, it makes it more likely that the fed is going to delay that rate and more likely that it's coming. >> and gentlemen, you've got a market that's been on a tear. i talked with alan greenspan, former head of reserve just yesterday about this very issue and he indicated that he was very worried about a bomb bubble. we'll have more on that in a moment. i want to go down to the new york stock exchange because lori rothman is watching the activity. walk me through what happened when everybody was surprised to get this information. >> absolutely. so this has been, well, it's the security, a familiar face
2:06 pm
on the fox business network. >> 2:45-- >> 1:45. >> excuse me eastern time and you said whoops, and what happened. let me let you pick it up there. >> bloomberg put out from the fed, they wanted to do a comparison story on it. >> bloomberg, so bloomberg broke the embargo, bloomberg at 1:42, trade the news, another system i use, 1:43, but all indications it was bloomberg that the headlines hit at 1:42. if you go back and look at your intraday charts, you'll see that the movement in the market when it hit because it caught us by surprise. >> it caught everybody by surprised. is this unprecedented? how often has it happened? >> no, we've had leaks before and the idea of the flash boys trading, a leak of more than one second is significant for those people who want to disadvantage people who don't have access to the news. every news system like a bloom
2:07 pm
everbloomberg, like a thompson reuters, delivered by machine only and algorhythms will react instantly to it. >> the dow is dow is about 100 points and weakest level down 200 points. can you comment how much value was exchanged in that 15, 20 minutes or is he-- so? >> there was nothing earth moving other than the idea that it was going to be-- that we are going to raise rates and it's going to happen very soon. >> all right. and-- >> thank you so much. i just, you know, i want to pick up on what ben was saying. it's very interesting, he's putting forward that bloomberg actually is responsible for this leak. you know, one of the challenges, jon hilsenrath, in a news organization and especially one like bloomberg, you get the reporters, some of whom may not be as experienced as others, and they're running around and they're trying to put together this story that
2:08 pm
would be coming forth. i think back to, was it 2008 and steve jobs in his obituary, bloomberg pulled the trigger too early on that, that he had died prematurely. and maybe somebody just pressed the wrong button a little too fast. filed their story ahead of it being filed. i mean, this is one of the dangers that a news organization faces. >> and, yeah, and i should explain what happens after this occurs because, i mean, bloomberg isn't the only news organization that's ever done this. when you have these formal press releases that come out, the organization that's putting them out, in this case, the fed, will punish the news organization that put it out prematurely. so, i'm not-- i don't know who did it in this case, but if it was bloomberg, if it was someone else, we would expect some kind of punishment, like you get the next release late.
2:09 pm
so, there is some effort to discipline people. >> yeah, there is. peter, did you want to pick up on that. >> hopefully not the rest of us. >> as you know-- the point i'm trying to make is there's an effort to discipline a news organization when they make a mistake so we have an incentive to play by the rules. >> of course, i mean, that makes sense and we should all not just our-- i mean, obviously, you have a certain code of ethics that you want to follow and you don't want to do anything like this, obviously, purposely. art hogan, what does it mean for your average trader who has got money on the line in these situations? >> well, a couple of things. you know, i would say that two things to think about, first of all, something that we long talked about and contemplate. if we've got market moving news, why do we put it out in the middle of the day. when you think about the market opens or closes or things like earnings? . so, that's something to think about. the reason we hear from the fed at 2:00 is typically that's when they end their meeting.
2:10 pm
there's no reason to have a 2:00 fed minutes release because this is not wrapped around the meeting or end of a meeting, anything like that. the other thing that begs the question, concensus coalesced around, and i think we'll be hard pressed to see anything necessarily change that view, because i think the fed would desperately like to get a, at least one rate increase done in 2015, so, i think it's going to be, you know, a very large job of the economic data stream to dissuade them from doing there and i don't see that happening right now and i don't think a whole lot-- >> just to walk everyone through what happened within the last 25 minutes here. we've had the minutes to the fomc meeting, the meeting they had back on the 28th and the 29th, everybody was watching this very carefully because they wanted to get some indication of whether or not the fed would move come september. those minutes were released, roughly about 15 minutes ahead of schedule. they were supposed to be embargoed until 2:00 on the dot and they came out ahead of schedule. ben willis, a trader there down
2:11 pm
at the new york stock exchange was just telling us that he saw that information, ben, you saw that information, i know lori is there with you, crossing from bloomberg first? >> correct. 142 as you go back on that headline. >> correct and you had mr. -- i'm very happy to be on with jon hilsenrath who is probably the single greatest expert on the fed and how the system works. the point of the matter is, the leak, whether bloomberg meant to do it, some of the other leaks that happened on fed minutes and important data have been predatory in nature, trying to serve those people that were paying a fee to have the news hit them before anybody else. >> you don't think this was an accident? >> no, i do think this was an accident. i don't think that bloomberg was doing this on purpose, they have too great a reputation at stake, other than other systems that use their computers to scrape for information. this, i think, is purely an accident. somebody delivered, you know, instead of sending that text, you only want your lover to see, if you hit reply all, that's pretty much what happens here. >> and you can imagine a
2:12 pm
reporter working hard to get his or her story together and they file it a little too quickly, again, pressing the wrong button, it's happened before at bloomberg, we've seen this empress the wrong button before, filing the obit of steve jobs. >> i want to say other one other thing, the way the fed released this information, policy statements and minutes in the past has been different than the way the rest of the government does it, so, like when the government jobs report comes out, what we have reporters who are locked in a room for a half hour before those numbers come out and the minutes aren't in one of these lockup situations and i think it's a problem for the fed that they're actually now in the process of changing, they were actually changing this process before today's, whatever you want to call it, leak, sental release. >> snafu, yes. >> the fed, it really needs to get its procedures around this more tightly controlled and i think this is a good example of that and we're going to see these procedures changing over
2:13 pm
the next-- >> 1994, remember those days, steve, you had to read the tea leaves. people got paid a lot of money to try and forecast what the fed was doing because it never came out and told you a darn thing and you had to figure it out judging by the trades whether or not they'd moved up or down on interest rates. >> i think it's, first of all, absolutely absurd that it takes so long for the fed minutes to be published in the first place. if you're getting the information 15 minutes early, can move the market, then think about people who could get access to this data, you know, days before it comes out. they had a huge insider trading advantage and by the way, this also speaks to the case about, you know, the fed, if the fed just followed a rule, i know i've been a johnnie one note on this for months and months, but if the fed followed the rule, then all of this guesswork would be taken out of the equation. and everyone would know in advance what the fed was going to do. >> what kind of rules? >> commodity rules, the gold rule, something-- >> i knew that was--
2:14 pm
maybe i should point out, everyone, we've turned positive on the dow, we're up about five points. we had been down as much as 200 earlier in the session and we were in triple digit losses as that news was released from the fomc ahead of schedule. but nonetheless, you can see climbing back, at least to the flat line right now on the dow. peter, it seems as though investors didn't see anything that necessarily made them overly worried the fed would move in september. >> yeah, trish, let's get to the key line in the minutes here. i'm just going to read it to you right now. quote, most fed members policy members judged that the conditions for policy firming had not yet been achieved, but they noted the conditions were approaching that point. now, that sentence allows the fed to keep its options open, including waiting until later in the year. >> all right, we're going to take a quick break and be back with more of this developing
2:15 pm
story, trying to figure out just exactly how this all went down. thanks to the whole team. plus, we're talking about the vulnerability of all of these computer systems trying to determine exactly what happened at the fed. we're talking about another vulnerability, ashley madison, the website that promising to hook up married people so they can have affairs. guess what? a whole lot of information of the people on the site. it's been dumped on-line and includes a whole lot of e-mail addresses that belong to whitehouse.gov. how do you like that? and rutherford is here telling why she's fighting tooth and nail to keep her children in the united states of america. we're back. the market is down 17, right after this. can a business have a mind?
2:16 pm
a subconscious. a knack for predicting the future. reflexes faster than the speed of thought. can a business have a spirit? can a business have a soul? can a business be...alive?
2:17 pm
2:18 pm
great time for a shiny floor wax, no? not if you just put the finishing touches on your latest masterpiece. timing's important. comcast business knows that. that's why you can schedule an installation at a time that works for you. even late at night, or on the weekend, if that's what you need. because you have enough to worry about. i did not see that coming. don't deal with disruptions. get better internet installed on your schedule. comcast business. built for business.
2:19 pm
>> all right, a developing story for you. hackers have been making good on promises to post details of users of the cheating website ashley madison and get this, everyone, there are 15,000 government e-mails released, including 44 e-mails registered to the white house. whitehouse.gov. how do you like that? and hundred from va.gov and 45 actually from the department of homeland security. so, apparently they're doing something in washington, huh? and getting heated with fox news, ed henry, as she continues to say she did nothing wrong. watch this exchange. >> that's all i can say. >> i am-- you know, i have no idea, that's why we turned it over-- >> you were in charge of it, did you wipe the server.
2:20 pm
>> what, like with a cloth or something? >> i don't know, did you-- >> i don't know how it works at all. i do not have any-- >> i know you want to make a point and i can just repeat what i have said. >> it's a simple question. >> in order to be as cooperative as possible. we have turned over the server. they can do whatever they want to with the server to figure out what's there and what's not there. that's for the, you know, people investigating it to try to figure out. but we turned over everything that was work related, every single thing. personal stuff, we did not. i have no obligation to do so and did not. thank you, thank you all very much. >> in this issue isn't going to go away for the remainder of your campaign. >> nobody talked to me about it other than you guys. trish: well, joining me right now, republican, and democratic strategist joe trippi along with ed henry, in las vegas,
2:21 pm
the guy who started this. she definitely didn't like your line of questioning, which was great, by the way. you were persistent and you stayed on her. and what would you say the fallout has been as a result today? >> well, i think what you're hearing, politico has a story out today saying there are democratic campaign donors and strategists who are behind the scenes getting more nervous, that her performance yesterday to some direct questions not just from me, but others, left them lacking and why she's giving legalistic answers -- pardon, a little noisy on the road in vegas, but dodging questions, did she wipe the server, yes or no? this is obviously something i'm not just going to ask about, but the fbi, which is running a criminal investigation wants to get to the bottom of. i think moving forward, look, in her defense, she's made it clear there were no markings on the e-mails saying that they were classified. that's going to be investigated as well. we'll sort that out, whether
2:22 pm
that's the truth or not and she said repeatedly from the beginning in march at a news conference there was no classified information here. two inspectors general said there could be hundreds that had classified information and at the news conference yesterday she said again and again, these are routine, intelligence agencies having a bureaucratic fight it happens all the time. it doesn't, it's not routine for a cabinet secretary to have their own personal server. there could be legal fallout. that's a question mark. we can't get ahead of ourselves on that, but there's no doubt that there's political fallout for her already, you see bernie sanders rising in the polls and you see some democratic nervousness, but i would also state something and be careful, in the latest fox poll, she's still the front runner, still somewhat, somewhat less comfortably ahead of bernie sanders and there may be some bed-wetting among the campaign
2:23 pm
suppo supporters. trish: ed, she points to the vast right wing conspiracy, i think she might be worried about a left wing conspiracy at least to the point that they're probably going to start putting forward more people to give her a run for her money. you're looking at bernie sanders. >> joe biden, elizabeth warren or someone. trish: she's got a problem. >> elizabeth warren could be drafted, no doubt about it. trish: we saw this happen before of course. she was the anointed one and suddenly barack obama came out of nowhere and wound up getting the nomination. ed henry, outstanding journalism there. ford and joe with me. joe trippi, i'd like your chance to this. i know you've been defending her all along. can you defend what she did with these e-mails, having her own server to begin with and then selecting what she wanted to send to investigators? >> i mean, look, she said to having the server, you know,
2:24 pm
one device was a mistake and in the end, i think, you know, ed is right, regardless whether there are legal consequences or not, i mean, completely, let's say there's nothing wrong loolly when it's all said and done, legally, when the investigations are over. it doesn't matter, it's going to be a huge political issue from now through november of 2016. if she's the nominee. you give this kind of ammunition to your opponents and she did. and you know, it's of her own making. they're going to use it and that's-- by the way, that's how a presidential campaign goes. so, this isn't going away politically. i'm not sure there will be any legal consequences. we'll find out if there's any real classified information in any of these e-mails. trish: it is, as we've learned a criminal investigation. every single investigation that the fbi does is criminal, so not so good for your democratic
2:25 pm
front runner to have that, that she's facing. anyway, we're going to continue this conversation and we've got a lot to talk about, especially donald trump and his stance on immigration. he got into it big time with bill o'reilly and we're going to bring you all of that, ed and ford, and joe sticking with me donald trump after this.
2:26 pm
2:27 pm
2:28 pm
> >> hillary clinton in the hot seat and ed henry questioning her in las vegas, nevada less than 24 hours ago and asking her about the server issue. she insisted that we've turned over everything we need to turn over, she said, to authorities. she made a little bit of a joke when he said well, did you wipe the server at all. she said, what do you mean, with a cloth? i want to bring back my panel, how do you react to her handling of all of this, she had the snap chat joke, forgive me, the other day, followed this joke about wiping the
2:29 pm
server clean with a towel. does she need to treat this with more gravitas given the sensitivity of the situation? >> absolutely. she's doing this to herself. if she doesn't win the presidency, she has nothing to blame other than herself. her flippant answers play into the narrative that she's not trustworthy and 57% of americans view her currently right now and dropping her favorables below 40. i don't know how she's going to fight in the general election, she can't continue to stonewall for the next 400 days. trish: i think a lot of democrats are realizing that and you may see soon some more hats in the ring. turning to the republican side of the equation and donald trump is going to be in tonight at pinkerton economy for a town hall and jeb bush giving a taun hall speech. when you look at this meteoric rise, ford, to you, what does
2:30 pm
it tell you, what is he tapping into? >> tapping into the people that are angry at politicians. frankly that he's willing to buck the status quo, whether it's birth right citizenship or trades with china working out with the grass roots and blue collar americans across the country and frankly hats off. he talked last night with bill o'reilly about the need to take our country back. he talked about what he would do when it comes to immigration. o'reilly challenged him. watch this guy. >> the 14th amendment says if you're born here, you're an american and you can't kick americans out and then if you wanted to deport the people already here, each and every one are entitled to due process, and it would take decades to do that and gazillions of dollars and the courts would block you at every turn. you must know all that. >> bill, i think you're wrong about the 14th amendment. and frankly, the whole thing with anchor babies and the concept of anchor babies, i don't think you're right about that. >> i can quote you the
2:31 pm
amendment. if you're born here, you're an american, period. trish: does he have any legs to this argument here, joe, that anchor babies are not real american citizens legally and politically? >> well, he can keep making that argument. and there's a lot of support for it in the republican party, but that in the end gets to the question about hillary clinton and the e-mails and everything, in the end-- >> hold on, no, no. >> now, no person on this panel who is a licensed lawyer. let me say one thing, it's not entirely clear that the 14th amendment protects anchor babies, most legal scholars agree that it's not entirely clear. >> i don't care what the legal argument is. trish: hang on. >> the legal arguments got to matter. >> no, no, we're talking politics here. he's running for president of the united states. no one's going to go to court over this till he's president. in the meantime, he has--
2:32 pm
he can make a case and he is, that's working really well with republican-- >> in order, joe trippi, this is one that plays in peoria politically. >> right, in his party, in the republican party. outside the republican party, it's going to be a huge problem if he's the nominee and that's what i was getting to. we've got-- you talk about hillary clinton going to have problems, she is. so will donald trump. right now, with all of their problems, all of their strengths, she beats him. there are republicans that do beat her in the recent polling. trish: yeah, one-- >> one of the points he also made, and joe, i see you shaking your head, but he made the point with o'reilly that he's energizing the base and that's all he needs. he said if i can get the base out there to vote, it doesn't necessarily matter if i can't get the independents and people on the fence, if i can get motivate the people to get to the polls. >> he's energizing the base and because of the e-mail scandal,
2:33 pm
he's gone from 17, to 5 in the latest fox poll and may play in peoria, this argument may not buy gravity. trish: and blake, what's going to transpire in the duelling town halls in new hampshire. >> all right, trish, i think you know this better than anybody, there's a lot of action going on in new hampshire right now, right? multiple candidates on the g.o.p. side are campaigning there today. two of them are the two top in the polls in that state, donald trump and jeb bush. now, as the wall street journal points out, on monday trump announced a town hall event for tonight at the same time that bush had already scheduled one just 25 miles or so away. journal asked trump about this, the duelling town halls as they put it and you put it and here is trump's response, and i'm quoting, because bush draws so poorly, i figured it would be a good time to draw a crowd, something like that. trump doesn't say that was necessarily the reason, but used the moment to take a swipe
2:34 pm
at bush ap we asked the bush campaign spokesperson about it and they told it, someone told mr. trump they'll be trying to troll us from an entirely different county. trish: we have more of the intelligence reports coming up after this. back in two, everyone. it's a fact. kind of like mute buttons equal danger. ...that sound good? not being on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason. it could've been brenda.
2:35 pm
♪ 800,000 hours of supercomputing time, 3 million lines of code, 40,000 sets of eyes, or a million sleepless nights. whether it's building the world's most advanced satellite, the space station, or the next leap in unmanned systems. at boeing, one thing never changes. our passion to make it real. ♪
2:36 pm
2:37 pm
wouldn't it be great if hiring plumbers, our passion to make it real. carpenters and piano tuners were just as simple? thanks to angie's list, now it is. we're making hiring anyone from a handyman to a dog walker as simple as a few clicks. you don't have to be a member to buy their services directly at angieslist.com but members save more on special offers. angie's list is revolutionizing local service again. visit angieslist.com today. at ally bank no branches equals great rates. it's a fact. kind of like shopping hungry equals overshopping. >> welcome back. we're looking at a market in selloff mode. around 1:45 this afternoon.
2:38 pm
surprise, surprise, the minutes from the federal reserve minutes early. they were supposed to come out at 2:00 and released earlier and we're looking at a down day. down as much as 200 at one point and we start today pare back to the flat line and once again in the red by 65 points to share with you some highlights from those minutes. and basically, fomc members think the conditions are not yet totally perfect for lift-off when it comes to a fed rate like. that's more optimism to things that maybe we could keep the sugar high on longer, and anyway. military leaders say they're considering opening the elite navy seals to women. if they can pass the grueling training regimen. the announcement comes as two women are set to make history this friday, becoming the first female soldiers to graduate from the armor's ranger school. should women be allowed on the front lines of come bah the --
2:39 pm
combat? we've got the former treasury attach attach, and leah gabrielle, a fighter piement. do you think that women should be on the front lines of combat, leah. >> this is an incredible accomplishment for the two women and as somebody who served in combat operations with seals i'm so proud of these women for making this through the course. this is something regardless of what they do in their careers they'll be proud of and we should be proud of them their entire lives. the military if you listen carefully to what they're saying, if women can pass training courses that's how they're going to make the accessi assessment. and the navy seals go through a different training, a six month training and next the navy will assess the women determining
2:40 pm
whether they can get through the course and pass. the question, will women make special forces stronger. that's the question the military needs to look at right now. >> there's going to be some push back on that and some say it will upset the dynamics and the balance, you get a bunch of guys, life is on the line. life or death situation and there's a camaraderie there, how does having a woman change that. >> i think that argument is somewhat passe, actually. if you look what's happened in iraq and afghanistan, women have been serving on the front lines whether they were supposed to or not. and women were about ut in the -- put in the situation and guess what? when you look at this yesterday. >> and maybe better because of it? >> and the women are serving as diplomates and fbi and cia, and in the military. i think we're capable of doing more than just administrative things in the military. trish: there's a dynamic that those of us who only served with seals in combat operations and special originaperations ca
2:41 pm
understand. it's a unique dynamic. it's a question that leaders in the military are looking at, do they make these units stronger, can this work? that's a question i think is still really to be determined. they'll see that as women go through buds training and after they're assessed. it's important that the leaders and that the trainers are allowed the room, the space, from politics to be able to assess women and make sure that this is a good choice. >> we've seen this over and over again, whether it's in the work place, the trading floor, women bring something different r different, the diversity of having a woman there brings something different from the overall mission and plan. i would think that that would lend itself, having that diversity there, in the military, is just as important. >> i'm so glad you mentioned that, because there are women doing unique things in the military and very unique things with special forces that the public doesn't know about and doesn't need to know about uses their attributes as women and unsung heroes working in
2:42 pm
special forces and assisting in operations. >> as long as i have you here, and you've worked for our government and still in the reserves. let's talk about hillary clinton's server. can you imagine in your capacity, leah, sending e-mail on your own server? >> this is the kind of thing when you work in the intelligence community it's something that's questionable, you use a classified system. you use what's called jwix for stop further. on secret no form. you have access to systems where you can discuss classified information and this seems sloppy, it seems lazy and i think it's a leadership issue that we're looking at. this is the person who ran the state department, essentially convenience, instead of making the right choice. i think there's a point here nobody has made here, every bit of information, classified information this those e-mails now us, because of that choice, it's going to be made open to the public because of her
2:43 pm
choice to use what she considers convenient. now, we have foia requests, we have lawsuits, the public is going to eventually see those e-mails and every tidbit of classified information our enemies are going to see. >> and i think, and also the obama administration over the past six years has actually been quite aggressive going after leakers and people who have classified information in the public. you look at what happened to general petraeus, i think is a hero. his notebooks, there was no classified markings, this is what hillary is saying, my e-mails had no classified markings. his notebooks led to a guilty plea. and i would like to have someone have honesty in the obama administration. if you're going after petraeus and people in the media, it appears classified information in her e-mails whether there are markings. trish: it's a criminal investigation, even if she doesn't want to admit it.
2:44 pm
every investigation the fbi does is criminal. and thank you. when we come back we'll talk with kelly rutherford from gossip girl glclaim. she's here with her story after this.
2:45 pm
>> okay, let's take another look at the markets, a wild ride it has been. we have been down and up and guess what we're back down now
2:46 pm
again, triple digits, 106, comes on heels of the fed having its minutes released prematurely. traders down at the nyse, ben willis is blaming bloomberg saying maybe one of their reporters hit the go buttton too fast or the send button on the computer too fast because the information should not have gotten out until the embargo deadline of 2 p.m. investors are trying to decipher that and see they're worried about a rate hike coming. alan greenspan just on this program yesterday telling me that we should all be potentially worried about a bomb bubble. and anyway, some of that concern is reflected there as we watch the market down 111 points. we're going to be back with more on the fed, on the markets, and on politics right after this. it's more than a network and the cloud.
2:47 pm
it's reliable uptime. and multi-layered security. it's how you stay connected to each other and to your customers. with centurylink you get advanced technology solutions,
2:48 pm
including an industry leading broadband network, and cloud and hosting services - all with dedicated, responsive support. with centurylink as your trusted technology partner, you're free to focus on growing your business. centurylink. your link to what's next. >> welcome back. an international custody case, got sip girl kelly rutherford has been ordered to turn her children back over to their father. and here is kelly rutherford and her attorney, wendy murphy. kelly, you know, let's back up so that the viewer is familiar with what you're going through. your two children right now, not here at home with you. living in monaco because their father can't come into this country? >> right, and we don't even
2:49 pm
know why. a judge from california, judge theresa bowday sent them there on an order basically unenforceable in a foreign country instead of choosing to leave them here and me travelling back and forth to work out the visa situation. >> your kids spent the summer with you and you had to send them back by court order? >> yes, it was-- he went into court and demanded them back. monaco did not. and they were hysterical, they're, you know we're afraid and the way was done was so sudden. and he knew exactly what i was doing and why. no court was taking jurisdiction, they had been ordered home by california before they decided they'd have jurisdiction. and i was terrified to not knowing what would happen if i put them on a plane and they were voicing concerns. so, i didn't know what to do. >> do they have any idea exactly what's going on? >> they've been going through this for a long time. their father is now telling
2:50 pm
them, i just spoke with them on skype and dad says you can't see us unless it's supervised from now on. they're saying you can't see your mother unless she turns over the passport. they're crying and saying mommy turn over the u.s. passport. trish: it's just sad. i want to bring your lawyer into this conversation. wendy, i mean, kelly's kids are americans. she is american, her ex-husband can't come into this country because he's wanted for tax evasion and yet, an american judge is sending them overseas to live with him? >> walk me through sort of both sides. >> i question a couple of things there. we're not sure at all that he can't just come here on his german passport like kelly has been going to france and monaco. you don't need a visa to come here, his visa was revoked, but he can come here on his german passport, as far as we know, that's never been changed.
2:51 pm
he is pea not on a do not enters list or anything like that. the thing that kills me, they're american citizens not citizen iz of monaco. the father is not a citizen of monaco, they've been order today live in france and monaco where no one has citizen. they're only american. trish: we're going to be back with more with kelly right after this. progress: that whether times are good or bad, people and their ideas will continue to move the world forward. as long as they have someone to believe in them. citi financed the transatlantic cable that connected continents. and the panama canal, that made our world a smaller place. we backed the marshall plan that helped europe regain its strength. and pioneered the atm, for cash, anytime. for over two centuries we've supported dreams like these, and the people and companies behind them.
2:52 pm
so why should that matter to you? because, today, we are still helping progress makers turn their ideas into reality. and the next great idea could be yours.
2:53 pm
nobody's hurt,but there will you totalstill be pain. new car. it comes when your insurance company says they'll only pay three-quarters of what it takes to replace it. what are you supposed to do, drive three-quarters of a car? now if you had liberty mutual new car replacement, you'd get your whole car back. i guess they don't want you driving around on three wheels. smart. new car replacement is just one of the features that come standard with a base liberty mutual policy. and for drivers with accident forgiveness,rates won't go up
2:54 pm
due to your first accident. learn more by calling switch to liberty mutual and you can save up to $509. for a free quote today,call liberty mutual insurance at see car insurance in a whole new light. liberty mutual insurance. >> breaking news, as we were reporting earlier. it's confirmed the latest fed minutes were leaked of course 15 minutes before they were supposed to and bloomberg is now admitting it's at fault. in the process of preparing embargoed material we inadvertently sent the headline ahead of the embargo. not good for them. i'm back with kelly rutherford
2:55 pm
and her attorney and talking about the ongoing battle. you have to send your kids back to monaco with your ex-husband, you're american, your kids are american. you want to keep them here. >> this is a based on an agreement, that this would be temporary and he would not apply for residency any other country. and wendy can speak to the issues in terms of legal ramifications of that. i'm a u.s. citizen mother now forced to fight in a foreign country which is totally unnecessary for my u.s. citizen children when he has done nothing to make any efforts to get back into this country. trish: you had to just send them back. >> i had to send them back, it was horrible, i mean, as a parent and as a mother, my first concern is their well-being and when a war has been waged on the three of us for seven years over nothing, it's so challenging and i really, i think it's time for someone to say, okay, let's get
2:56 pm
down to the bottom of this. they're u.s. citizens. they have a u.s. citizen mother. this was temporary. this father has made no efforts, so, why not bring them back to the united states and i can fly them over there and then there's no problems, you know? >> you know, typically, historically, wendy, we've seen courts be more favorable to the mother. i mean, but in this particular case, they're not only being favorable to the father, but a foreign citizen who is wanted for tax evasion here in the u.s. >> yeah, i mean, it's so mind-boggling to me and frankly, you know, new york-- new york to put its own american citizens on a plane, a judge from the lowest level state court having the audacity to put tiny defenseless kids on a plane and ship them out of their own country, remember, new york is a sanctuary city, if these children were here illegally, maybe they should have renounced their citizenship because if they
2:57 pm
were here illegally, they wouldn't have shipped them away. think about that. >> i've got three of my own, i can't imagine. good luck to you kelly. >> thank you. trish: hope for best. we're back with more of the intelligence report after this. so you're a small business expert from at&t? yeah, give me a problem and i've got the solution. well, we have 30 years of customer records. our cloud can keep them safe and accessible anywhere. my drivers don't have time to fill out forms. tablets. keep it all digital. we're looking to double our deliveries. our fleet apps will find the fastest route. oh, and your : i like to bake. add new business services with at&t and get up to $500 in total savings.
2:58 pm
.
2:59 pm
usaa makes me feel like i'm a car buying expert in no time at all. there was no stress. it was in and out. if i buy a car through usaa, i know i'm getting a fair price. we realized, okay, this not only could be convenient, we could save a lot of money. i was like, wow, if i could save this much, then i could actually maybe upgrade a little bit. and it was just easy. usaa, they just really make sure that you're well taken care of. usaa car buying service. powered by truecar. online and on the usaa app.
3:00 pm
. trish: that does it for today everyone, cheryl casone will take you into the close. >> thank you so much. breaking news, and trish brought it to you, sleepy august day coming alive quickly with the unexpected leak of the federal reserve minutes. we have learned who is responsible for breaking a federal embargo. around 1:42 p.m. eastern time, 20 minutes prior to scheduled release, the embargoed information was released and the markets reacted immediately. it has been one heck of a seesaw ride for the dow jones industrial average, at one point down 155 points, the time the embargo was broken, then

105 Views

1 Favorite

info Stream Only

Uploaded by TV Archive on