tv MSNBC Live With Craig Melvin MSNBC November 17, 2016 7:00am-8:01am PST
a number of announcements. breaking news. dni director james clapper announcing he's submitted his resignation. political team has all of the angles covered this morning. for more on the transition, i'm uni joined by peter alexander. nice to see you. a lot of comings and goings out of trump tower. who are you watching? >> literally, spinning as these guys come and go. we know some of the principles. trump jr. and others are there because they want a say as well but the names we watch include the governor of south carolina, nikki haley. nbc news was among the first to report yesterday, you see that list right there. joe scarborough. reporting john bolton no longer being considered for secretary of state. michael flynn, kristen, you were among the first to report. now clearly the leading contender. nikki haley, jeff henserling.
laura ingram, potentially for press conference. other names we'll watch, sort of interesting. the fedex ceo. fred smith in attendance. governor florida, rick scott, one of the first supporters of donald trump and behind the super pac and wants to stick around for the final two years of governorship but also wants to do what he can to help donald trump. a lot of names to keep eyes on. >> tough to say no to the president-elect. nikki haley wasn't always a big supporter of donald trump. let's play a clip that we have from her during the convention and then i'll get your reaction on the other side. >> today, we live in a time of threats like few others in recent memory. during anxious times, it can be tempting to follow the siren call of the angry voices. we must resist that temptation. >> that was her response to the
state of the union address. what do you make of that? she sort of came out against donald trump in some ways during this campaign. do you think she's someone in the inner circle? he really values loyalty. >> she obviously supported marco rubio during the primary. i remember being in south carolina and seeing the two of them standing side by side and a dagger to jeb bush relying on a wen south carolina and it's okay you recruited during the time. we want the best people and she obviously in republican circles right now is viewed as one of the big up and comers. woman, indian american, made history for that as a governor in the state of south carolina. she's someone that a lot of people have their eyes on in the future. what we don't know as much about is her name is floated potentially as secretary of state is what her foreign policy views are more specifically, not just in line with donald trump
but really what the positions in general are. that's something i think a lot of people are going to be asking right now. henry mcmasters, the lieutenant governor in the state told one of the papers in south carolina that both he and nikki haley are considered for potential cabinet posts. one of the first on board with donald trump. we'll see loyalty or maybe merit as they view it that becomes the biggest. >> i think that counts for a lot. being an early supporter. but a lot of people pressing him to look outside of that small neck sus of early supporters. spe perhaps no one more loyal than family. i know you've been doing reporting on his son-in-law, jared kushner. what are your expectations about what role he may or may not play in this administration? >> i spoke to several people last evening who were, i would say, close to jared kushner's thinking on this topic and familiar with the way he views this consideration. they say he's undecided. in simple terms, the decision made is does he want to be in the sinner circle in washingtor
influential and formally back in new york where he presently lives with his family, ivanka and three young children, and owner of the new york observer, the newspaper there but what's clear is as outspoken as donald trump is, this guy can be quiet but confident and as it was described to me, he's a visionary. largely a part of that data driven operation. he helped with all the small donor fund raising that went on behind the scenes and what's interesting is that people really recruiting him into the inner circumstanle right now, s bannon and reince priebus, already in the inner circle in the cabinet. we'll see to watch jared kush r kushner, i think, will play a huge role going forward. >> great reporter. thank you. capitol hill to kasie hunt. you were there. mike pence walking through the hallways there to talk to
lawmakers. tell us what's happening. set the scene. >> reporter: hey, kristen. i apologize, a little bit of trouble hear yoing down in this basement but mike pence here in this room right behind us meeting with the house gop conference. i would say the first real moment of celebration here on capitol hill from republicans since donald trump won the election much to the surprise of many people here on capitol hill, republicans who now control the white house or will control the white house and both houses of congress. audible cheering for mike pence when he was first introduced in this room. you could hear house republicans really getting excited about that. mike pence himself, he is somebody who worked here for many, many years. he was a leader in the house gop conference. when he walked in the door here, our colleague alex moe saw him
hug a woman who used to work with the republican cloak room and waiting to see him to say hello and come up, have a nice moment with her. i think that goes to show you he does have the kind of relationships here on capitol hill that donald trump just hasn't had because he is such an outsider, because he hasn't worked with these people before. so this is the first chance that the house gop conference as a whole is getting a chance to hear directly from somebody they know and they trust about what the trump administration's priorities are going to be and i think that matters quite a bit for people up here. we're expecting at any point mike pence to come around this corner because this meeting is on its way to wrapping up and actually going to leave the hill and go back to the transition office for a little while and then a series of one on one meetings, not just with republicans but democrats as well and i think the dynamic to watch there are, what are the priorities donald trump has in the first 100 days to be able to get some democratic support?
you've heard some progressives talk about working on policies for working families. for example, there's some questions about this infrastructure bill that's already being talked about. will republicans be willing to spend a trillion dollars on infrastructure as donald trump seems to have proposed? that would normally be a challenge for conservatives who have been reluctant to spend that kind of money but if trump can get some democrats on board, you never know what that process might end up looking like. so i think you can expect pence to continue to play this critical role with the congress throughout the next coming months, the first hundred days and it will be interesting to hear what republicans say as they come out of this meeting about what they think the priorities will be. i think start to write legislation before donald trump takes office in january and that process under way from republican leaders. kristen? >> kasie hunt, tracking all of the fast moving developments on capitol hill. i think you're absolutely right. it's going to be fascinating to hear the tone from those
lawmakers when they leave that meeting and mike pence, such an asset to donald trump because he does have so many relationships there on the hill. kasie hunt, thank you. as we mentioned, those high level in-person interviews between president-elect trump and those under consideration for key administration positions. the revolving doors into trump tower put to use today and takes us to msnbc's cal perry there on fifth avenue in new york where he's been for so many days. set the scene. it seems like the urgency is increasing. >> reporter: the stakeout is becoming more intense and i'll show you the media here which has increased greatly this morning, largely because the japanese prime minister abe is going to beco coming here at 5: a.m. there's discussions about whether or not this will take place. this is, as we continue to look, this is the first foreign policy we will get a look at. the prime minister giving up a
lot for the tpp, the transpacific partnership and president-elect trump is dead set against it, campaigned it. that should be an interesting meeting. add to that, president-elect trump, excuse me, we're dealing with the buses here, of course, but president-elect trump had rallied against japan talking about currency manipulation at a lot of his rallies. that should be an interesting meeting at 5:00, kristen. >> cal, obviously, the big question today. will we learn who will be filling out his cabinet? there are going to be some high level comings and goings throughout the day including south carolina governor nikki haley. have you seen anyone yet and what are you anticipating? talk about the urgency that this administration is under to start filling out some of these blanks. >> reporter: yesterday in talking to kellyanne conway, they want to exude they're having constructive meetings on
the 51st floor of trump tower. nikki haley is the one everyone is waiting for. she'll come with the secret service with her. as for the cabinet positions, the timing of this is something we've been pushing the campaign on and they push back. most recently, heard thanksgiving is perhaps when they really fill out positions but look, it's president-elect trump and i wouldn't be surprised with a surprise announcement in the next coming days. >> great reporting as always. thank you. more breaking news from capitol hill. just moments ago. house intelligence committee hearing, james clapper, announced his resignation. take a listen. >> i submitted my letter of resignation last night which felt pretty good. i got 64 days left and i think i'd have a hard time with my wife if anything passt that.
>> hans nichols. he's been talking about his intention to resign before the election. talk about the tone, the significance. >> reporter: this had been well telegraphed. others in the intelligence community say they're going to leave. there's still a warning to the trump campaign he needs to start getting those landing teams inside the pentagon to start the process of staffing up his white house, his national security infrastructure because on day one, right after the inauguration, that's the team that really needs to be prepared. you know, you could see the president-elect and then president trump going for a couple of weeks without secretary of education, without a secretary of commerce. national security slots, he needs to fill right away. this is a signal the obama people aren't really protesting the arrival of trump. don't read that. they're simply exhausted, their time is up and ready to turn the the page. kristen? >> talk a little bit about james
clapper, if you would. what type of role, what type of shoes will the person who succeeds him be filling? >> reporter: there's a debate in the community about whether or not you want the cia job that runs the cia, more operational or whether you want the dni job. that's what he had. the director of national intelligence. all the intelligent agencies report to clapper. he has to synthesize it and briefs the president. he is in the cabinet. it's a little more operational. you get a little more on the ground involved in day-to-day operations. the dni is still a very important job. remember, this is a new agency that was created in the wake of 9/11 when president then bush reorganized the way intelligence has gathered. they want to streamline the process and have a single point person to report to the president. so the deposition exhibit no.ni this is particularly true, kristen, as we try to figure out
who's going to be the next cia director that the cia director is actually a better job. the dni job is in the cabinet but not as fun as heading the cia. >> thank you for that in-depth analysis. really appreciate it. and coming up, first daughter in chief. what we know about ivanka trump and the evolving role of her presidential transition team and hillary clinton taking the stage for the first time since her concession speech. >> i will admit coming here tonight wasn't the easiest thing for me. there have been a few times this past week when all i wanted to do is just to curl up with a good book or dogs and never l f leave the house again. >> democrats strategizing about their next steps. nancy pelosi holding the first weekly briefing since the stunning loss. tim ryan said it's time for change. is he about to make a run for
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we want to go back to capitol hill on this very busy thursday. msnbc's kasie hunt. so kasie, we wait to emerge from the meeting he's having with lawmakers. what are you expecting to come from these meetings? obviously, there's so much on the table right now. republicans feeling emboldened. what do you think they hope to get out of these initial meetings? >> reporter: we're hearing the initial reports coming out of this meeting. they're essentially talking about how do we handle governing in the next couple of months before the inauguration ration a and then the first 100 days?
the big question is how to fund the government. right now, expires on december 9th. one piece of business the congress will have to conduct and then early reporting indicates they're talking about the straight resolution to fund the government at all current levels. no changes through the spring of next year, through march. we'll see. we talk to more members as we work to nail down more of the details of this reporting, but i think that could give some of these members cover to get out of here early for the holidays, take some pressure off. assuming they can move that with no problems. we'll, of course, have to see. that has sometimes been a sticking point for more conservative members but on the road to having to govern and not just oppose the democrat in the white house. that's a pretty fundamental shift up here. the other question is, how to handle the rules and regulations that the obama administration has put in place? i think there's some searching for exactly how can they undo
some of the things that obama did without the congress. these executive orders and the regulations at his agencies implemented, the question being, do they need anything from the congress to try to make progress on those efforts? so i think those are two things to watch for. we're told so far there was no discussion of his cabinet picks. what might be happening with the transition team and of course, some reassurance that transition is going on in a smooth fashion. we heard a little bit coming out of this meeting from chris colli collins, that congressman that's the first supporter of donald trump here on capitol hill. a lonely job for a while but now pretty popular with lot of these republicans. you see them over my shoulder come out of this closed door meeting that seems to wrap up with vice president elect mike pence and got to underscore the
cel celebratory. >> we know you'll continue to stay on top of it and wait for vice president-elect mike pence no doubt emerging some time for that meeting. thank you for breaking down angles for us. they could be the new power couple of the administration. ivanka trump and jared kushner key players in the inner circle. what role will they play? lizzie, who writes for the "new yorker." great to see you. you wrote a profile of ivanka trump and her husband. what makes them not only a power couple but politically effective power couple for her dad? >> i think that it's really important that they are both people who he can trust. and as it's become clear as the campaign has gone on and there's been a rotating cast of
characters going in and out, he continues to rely on them both for advice and strategy and everything else. >> you're right. loyalty is one of the key words we continue to go back to during this transition process. let me read you something that "the new york times" reported. quote, ivanka trump joined an official transition meeting last thursday the day before governor chris christie of new jersey was removed from his post leading the effort. i guess the question is, do you think that she has that type of power, that she could influence decisions to get rid of someone like a chris christie and continue to wield that type of power once president-elect trump in fact does take office? >> i think she does and i think her husband jared kushner does as well and it seems that the decision to remove christie and people associated with him have a lot to do with jared's influence and decision making. >> we read from "the new york times." i want to read one of your articles, lizzie. ivanka, 34, donald's clear
favorite. new york professionalism to the campaign giving speeches to portray a lean andtyle feminist and early august, pressed to name a woman to name and could only think of one, his kaur. i thought it was striking on the campaign trail to watch her campaign for her father and talk about the ways in which she thought he would be good for women. talk about that aspect. >> i think there's always, it's always been a little hard to reconcile the way that she talks about him with a lot of his own statements. but she has been completely unbending in saying that in office, he will do things that are good for women and work to advance these policies that she apparently cares about. >> it seems at this point as though she's going to continue with the family business and there's some growing pains as she adjusts to this dual role. after her family gave the "60
minutes" interview this past weekend, put up one of her bracelets online and later said, that wasn't the best move. what do you think how she's going to be able to juggle that and walk that line? >> i think much like her father, she has become really polished and really good at establishing a brand. and once you bring politics into that, it becomes a little bit more complicated. so it was really interesting and almost bizarre during the more heated moments of the campaign to see her instagram and her web site not mentioning politics at all. so if she's going to play a role in the administration, she can't keep those things separate anymore and it will be interesting to see how she navigates it. >> going back to the first theme. obviously, a lot of attention on her husband, jared kushner. and i keep having the image of president-elect trump visiting
the white house for the very first time and walking with chief of staff dennis mcdonough. no clearer image with how close he is to the president-elect and how large of a role he may play and under consideration but legal concerns with that as well, right? >> yes, apparently, according to anti-nepotism laws he cannot officially take a role but it seems like there's ways to get around it. >> this is obviously a new political family but some people are already drawing parallels to past political dynasties. the kennedys, for example, and not necessarily in substance but you have this big family that has made a huge splash on the american political environment. what do you make of those types of comparisons? too early for that? >> i did in the course of reporting my article, i spoke to a writer, david mckayless who compared it to joe kennedy
arriving in england with kids and everyone was sort of blown away because here was something new under the sun. so there are comparisons and, you know, they're wealthy and somewhat powerful and also outsiders and jared's father is a felon. they have a complicated past. i think there's a case to be made there. >> lizzie, thank you for sharing your great reporting. appreciate it. >> thank you very much. president obama in berlin right now where he and german chancellor angela merkel are meeting. in the next hour, we'll monitor that and live in berlin for you. stay with us. simulation initiated. ♪
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and we want to bring you some breaking news from capitol hill. mike pence just emerging from that meeting with lawmakers, let's listen in. >> so grateful. so grateful for the warm hospitality and the determination to work with our incoming administration to make america great again. >> talk about your relationships here in the congress. what has it meant for you and what will it mean for the incoming trump administration? >> very humbling to be back in a room i spent 12 years as a member of congress and to be there with members i served with and many who have been elected since then and to see the enthusiasm for the president-elect's agenda for this country. >> what is item one on the agenda? >> confident as we move towards inauguration, bring together a great team, work in concert with leaders in the house and the senate and move an agenda that's going to rebuild military,
revive our economy, and in a word, make america great again. >> thanks, governor. >> kristen, there, you had governor mike pence, the vice president-elect talking about what it was like in that room and about his connections here in congress. he talked about how he, of course, served here for 12 years. and i think we didn't get too much of a sense from him yet what the immediate priorities will be except the first words there were rebuilding our military. don't forget the sequester that affected military funding so deeply still on the table. still something that republicans very much want to end. so i think this was really the first moment and we were talking about this earlier. this was the first moment that republicans, i think, on capitol hill have felt very reassured about what might happen in the incoming trump administration. there's been a lot of nervousness and confusion about what they might do and i think mike pence gives them a little bit of a way to trust somebody
in that incoming administration. kristen? >> kasie hunt, great stuff there and great getting that question to him. he did not directly answer but something to chew. you're absolutely right talking about the military and economy will be among the first priorities. thanks so much. in just moments from now, president obama will hold his final joint press conference with german chancellor angela merkel. the two leaders had a close relationship with germany being a top trading partner, a key nato ally and home to thousands of american troops. emphasize the need for a message that runs counter to many of donald trump's foreign policy pledges, of course. chris jansing joining us live in berlin and tracking this whole trip. i know you had a chance to sit down with susan reiss. tell us what she said and particularly given the context of some of the policy differences that the current administration has with the incoming trump administration.
>> reporter: i think you cannot almost overemphasize the things at stake here. trade, just came from greece. the financial crisis there. climate change, very big. all of that wrapped up into a trip that was supposed to be very different. it was supposed to be the farewell to europe but as susan reiss put it, his national security advisor, intensively in talks about how this all is going to move forward. it's very rare for someone in her position who's always by the president's side to have time to sit down in the midst of one of these trips to talk but we did, including about one of those other key issues, syria. take a listen. >> donald trump has voiced support for russia's intervention and suggested working with assad against isis and president assad himself said that trump could be a natural ally in the fight against isis. are we looking at a fundamental shift in long standing u.s. policy there?
>> i think that remains to be seen. we have an enduring interest in the united states and our coalition partner of 68 countries worked together to defeat isil and made enormous progress in iraq and also in syria and we're going to continue to take the fight to isil and do so with the coalition that is committed to success. you know, if you understand fully what assad has been up to, he's been slaughtering his own people and with extreme brutality. most of his effort is not directed against isil but it's directed against the domestic opposition so for the united states to throw in our lot with assad or with the russians, absent a political transition, absent an understanding that our efforts are focused on the terrorists rather than on the opposition, doesn't make a great deal of sense in my estimation. >> you think there's not an
understanding? >> i think they're trying to develop policies. there's a great deal of uncertainty to what exactly they will pursue and so let's see. zw >> reporter: i think in the upcoming press conference, you'll hear a lot of questions. it will be two questions from american journalists, two questions from german journalists about what it means going forward and a recent poll of germans. 82% said they feel it's bad for very bad that donald trump was elected president. that tells you about the atmosphere. very different from when he came as a junior senator and 200,000 people turned out to hear him speak not far from where i am standing treating him like a rock star. >> let's follow up on something susan rice said to you. that word, uncertainty, i thought hung over your conversation, and you've been there. you're talking to all top officials throughout the past several days. do you get the sense that
because they are uncertain about what comes next, about how exactly president-elect trump plans to proceed, that that is not only casting a very different moment over this entire trip but making them nervous? >> reporter: well, the nervousness level, i can tell you from having been in greece and germany is extraordinarily high and private conversations with other members of the senior staff and susan rice wouldn't go there but other members talked to me about what they feel is at stake here and that the conversations that they've had with their counterparts in these governments have been about what can you tell us? what do you know? the words that the president said about how he got some different feelings from donald trump when they had the oval office meeting. how certain are you about some of the things he's talked about? and the answer is exactly the words you put out from susan rice. uncertainty. they cannot give any definitive
assurances, kristen. >> great interview, really appreciate it. and coming up, we'll take you live to the michigan county that helped deliver donald trump's electoral victory and now it's his turn to deliver for them. what are they saying? we'll have all of that right after a quick break. they are the natural borns enemy of the way things are. yes, ideas are scary, and messy and fragile. but under the proper care, they become something beautiful. start your day with the number one choice of dentists. philips sonicare removes significantly more plaque
i know this isn't easy. i know that over the past week, a lot of people have asked themselves whether america is the country we thought it was. the divisions laid bare by this election run deep. but please, listen to me when i say this. america is worth it. our children are worth it. believe in our country, fight for our values, and never, ever
give up. >> that was hillary clinton right here in washington last night making her first public remarks since last week's concession speech. she acknowledged speaking was not easy and at times in the past week, all she wanted to do was curl up with a book or her dog and never leave the house again. white house, senate, and house. we expect to hear from leader nancy pelosi any moment now and give the first public briefing since election day and monitor that and bring it to you live. a shift once considered reliably democratic corners of the country. macomb county went red. donald trump beat hillary clinton in the county by 48,000 votes and that is where we find jacob rascon in the heart of macomb county for us.
donald trump promised so much to the voters there. what type of action to see him deliver right off the bat? >> reporter: he promised the moon here. this morning, we're at friar's kitchen and bakery and important to note the term reagan democrats was coined right here in the county, specifically in warren, the third largest city in the state and we're with the mayor of warren today. we're going to talk about some themes here and you yourself were telling me that you supported bernie sanders early on and you found a lot of people in this city did the same and you believed they went for trump. talk about that. >> i think bernie and trump represented one thing. they represented change ahillar and bush represented the establishment. i think this was an anti-establishment year, the year that people wanted change and saw it in bernie and saw it in trump. particularly as you discussed
the issue of trade and nafta. >> reporter: i talked to a lot of voters here at the bakery this morning who never voted or voted for obama and switched. trump promised so much. what are they expecting? what are you hearing? >> i think what they're expecting, i think, change. i just like to add, in michigan, four years ago, the vote wasrur came out. people who came out that never voted before and tired of political correctness and lix s politics as usual. the mess in the middle east and a whole host of other things. they wanted someone to speak for them and wouldn't be a programmed candidate, and i think both trump and bernie are not programmed. they speak their mind. >> thank you so much for your time and i'll add kristen, another theme that i hear from the voters here is that they wanted a fighter and they were willing to roll the dice on
somebody that many admitted they didn't quite understand but they do want results. they do want change on issues of trade, the economy especially. it will be interesting to see what does donald trump deliver because that will really inpluns whether or not the change in michigan and elsewhere is semipermanent or not. kristen? >> i think you're right and your analysis right on. so many folks there want to see major change that they were willing to roll the dice. we'll continue to track counties like that throughout the next several years. great reporting. thank you for that. bernie sanders now a part of democratic leadership in the senate. he's vowed to be donald trump's worst nightmare if he follows through with more controversial proposals. he spoke with my colleague and friend andrea mitchell moments ago. take a listen to the exchange. >> reporter: what role will you play? >> i've just been elected to leadership and i have had
outreach and mobilize millions of people of working people who want to see a government that works for all of us and not just the 1%. who want to make sure that we eliminate racism and sexism in this country and islamophobia in this country and my job is to bring those people together to stand up and fight. >> senator sanders last night right here in washington, dc vowing to block any supreme court nominee they find to be unacceptable and of course, andrea mitchell will have much more of her interview coming up on "andrea mitchell reports" at noon. tens of thousands of iraqis are fleeing for their lives. stay with us. there's a moment of truth. and now with victoza® a better moment of proof. victoza lowers my a1c and blood sugar better than the leading branded pill,
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take over isis. special forces met heavy resistance in eastern mosul yesterday as the battle in some cases moves from house to house. thousands of iraqis have been forced from their homes just before the onset of winter. aid organizations provide supplies and food best they can under the circumstances. lucy kafanov is there for us. what are you seeing? we know you returned from one of the refugee camps. set the scene for us there. >> reporter: we were in the area about 12 miles east of mosul and let me set the scene for you. hundreds of people clogging the roads trying to register their families. it gets very hot in the daytime. freezing at night. a cloud of dust that clings to absolutely everything. these folks fled with literally nothing but clothes on their backs in some cases. food, shelter, water, just about anything. aid agencies had time to prepare
and i've covered quite a few refugee camps and conditions are quite good but relatively speaking and you have to keep in mind, these folks survived nearly two years under brutal isis rule. they described torture, executions, we spoke to a bunch of women this morning who told us about these all female isis brigades that punished women, beat them in some cases for the most minor infractions. this is a traumatized population with no prospect of returning home anytime soon. many have family stuck there as human shields in isis-led mosul and all indications point this fight as you mentioned is comin anytime soon. neighborhood by neighborhood, street by street. fighting in east mosul and the real fight across the tigris river in the west where isis retreated to and thousands of
human civilian shields are also trapped with them, kristen. >> lucy, thank you for shedding a light on one of the most critical parts of the story there. really appreciate it. coming up, what's driving president-elect trump's economic plan and who's in the running to help him carry it out? meanwhile, you're looking at a live picture of capitol hill where any minute now, house democratic leader nancy pelosi holds her first weekly briefing since the election and bring that to you live when it begins. stay with us. whoa, this is awful, try it. oh no, that looks gross what is that? you gotta try it, it's terrible. i don't wanna try it if it's terrible. it's like mango chutney and burnt hair. no thank you, i have a very sensitive palate. just try it! guys, i think we should hurry up. if you taste something bad, you want someone else to try it. it's what you do. i can't get the taste out of my mouth! if you want to save fifteen percent or more on car insurance, you switch to geico. it's what you do. shhh! dog, dog, dog.
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right now on capitol hill, federal reserve chair janet yellen making her first public remarks since the election and a hike in the interest rate could be in her words, appropriate. a rate hike more likely when the fed meets next month and fielding questions about donald trump's economic plans. back in september, told cnbc yellen should be ashamed of what
she's doing to the country accusing her and the fed of keeping interest rates low to boost the economy for president obama and hillary clinton. i'm joined now by austin goolsby who served as chairman of the economic advisors and a professor at the university of chicago business school. >> thanks for having me. >> let's start with what's happening on capitol hill. fed chair indicating that interest rate hike could be all but certain in the days and weeks. what does it mean for the american people right now? >> i think that's an accurate description. i think the fed, open market committee, has been wanting to raise the rates for some time. even if you think, as i do, the economy has only been okay so maybe talking about raising rates might not be the most appropriate thing. i think this one has been priced in. everybody knows that's what they
want to do and barring some really major disruption that their plan was to raise rates. i think they probably will but the bigger issue as president trump takes over and we see a pretty significant shift in the focus of the government's role in the economy, and his people, will he change the fed's trajectory? >> we're looking at live pictures of president obama and german chancellor angela merkel about to hold a bilateral meeting and then hold a joint news conference and we'll monitor that. let's get back to this discussion of the economy though. obviously, donald trump, as you raised, he's been quite critical of janet yellen. here's some of the names for her potential replacement. i want to get your reaction and take. i think we have a graphic. jeff henserling.
jamie doiiamond. steve mund chen. any folks stand out to you as a good replacement for janet yellen, for treasury secretary, i should say? >> very different. let me be clear. look, each of those three, i know hencer yn liling and diamo both respect a great deal. this is a choice that's going to say a lot about the trump administration and what kind of economic and financial approach is he going to take. i think the fact that two of the three are major financial figures themselves suggest that maybe the populist direction, some of which he talked about in the campaign, might not be the approach that they actually take. >> interesting. let's talk about some of what we
think might be on president-elect trump's economic agenda. he's talked about major infrastructure plan. he's talked about slashing taxes and also talked about building a wall. you have expressed some concerns about his economic proposals. is it possible, a huge infrastructure project could be exactly what the u.s. economy needs? >> well, i think the thing. >> i'm so sorry, i have to interrupt you. nancy pelosi just started speaking. let's go to nancy pelosi on capitol hill. >> in history. we, of course, are all very disappointed, more than disappointed, hard to accept the results but accept we do. peaceful transfer of power is what america and our democracy is about. i'm very proud of the speech that secretary clinton, she has so many titles, secretary clinton made her concession speech that really exhorted us
to be hopeful, to be positive and to find a common ground. and that is what we intend to do. after winning the presidency, the electoral college, but losing the popular vote, i think that says to president-elect trump that he has a responsibility to try to bring people together, not continue to fan the flames of division and bigotry. later today, i meet with vice president-elect pence and my hope to discuss areas to work together, find common ground constructively. we said we have a responsibility to find common ground but to stand our ground when we can't. just left our caucus. we heard from our 27 new democratic members. as our founders intended, these new members coming are the
constant reinv-ire-invigoration caucus. we meet almost every day and our intention to continue. focus was largely on the economy and i presented a frame to consider of infrastructure, innovation, and inclusion. all three of which strengthen each other. in terms of infrastructure, democrats have always been advocates for strong infrastructure in our country and we hope that we can have the biggest, the most robust infrastructure legislation that we can achieve working with a bipartisan way. but we are, again, not just
settling for the lowest common denominator but moving forward with something big and i can talk more about that if you would. innovation, innovation is central to build our infrastructure. and when we talk about blue collar jobs and rust belt states, the rest of that, we have to recognize that innovation is central to how we all go forward together. an economy that works for everyone, not just the privileged few. this year, we had more than 20 sessions around the country. one of them in pittsburgh and all over the country. i say pittsburgh because that's the heart of blue collar workers in our country to see how, because we cannot talk about blue collar jobs, ignoring what is happening in terms of infrastructure.
working together and we've got great ideas from the community about how we can have success in that way and infrastructure, innovation, wedded and inclusion. again, how do we include everyone in this? this is not just about jobs for blue collar workers who may be white but it's for everyone. everyone is feeling the pain in the paychecks and so how do we work together on that? and so it's very exciting to hear how far, how big do you want the infrastructure to be and how recognizing are we that innovation begins in the classroom and if we're going to keep in there, america number one, which is the goal of our innovation 2.0 agenda, as advocated, you have to begin in the classroom and that means earliest childhood education to lifetime learning for our workers. sos