tv Early Start With John Berman and Christine Romans CNN November 15, 2016 2:00am-3:01am PST
>> reporter: john and christine, later on today, vice president-elect mike pence will meet with officials to begin the process of narrowing down the names filling the cabinet positions in the trump administration. among the names rudy giuliani for secretary of state and alabama senator jeff sessions for attorney general. top officials are defending the selection of steve bannon. kellyanne conway says bannon will make an excellent chief strategist. >> i work closely with mr. bannon. he has been the general of the campaign. people need to look at the full resume. he has a harvard business degree. naval officer. success in entertainment. he certainly was a goldman sachs managing partner. >> reporter: the opposition to bannon is building. a number of house democrats have begun circulating a letter using trump's words against him. noting he is calling to unify
the country and how bannon fits into the picture. john and christine. thank you. questions about the lines of the nation's business and family business. word that donald trump is considering asking for top security clearance for his three grown children and son-in-law. kushner was the force behind the scenes for the campaign. according to a source, the president-elect has not formally made the request and none of the children have filled out the paper work. granting clearance raises conflict of interest as the children will run the trump corporation. and at the top of the short list fortre treasury secretary steve mnuchin. he was off to hollywood where he became an investor and movie producer. his recent hits "suicide squad" and "the lego movie."
in may, he became the finance chairman of the trump campaign. he has already vetting and recruiting deputies. the treasury secretary oversees banking and government debt. he was sued by the trustee trying to recover money for victims of bernie madoff's ponzi scheme. he led the group that bought indymac. after paying millions in fines for the foreclosure practices, he sold it for $3.4 billion. and the trump transition discussion and joining us is ellis henican. the big question is, trying to match what we know already with what will happen. what we know is you have this two-headed thing in the white house. chief of staff reince priebus. insider's insider and steve bannon as the strategist.
he ran breitbart which a lot of people see as spewing anti-semitic rhetoric. he wants to tear up the system. you have this working in opposition already. what does that mean as he fills the cabinet? >> i think the knife fight word that you used a moment ago is pretty apt. people fundamentally pulling in the opposite directions. it isn't the minuta. that is the kind of person who becomes the treasury secretary. laura ingraham as press secretary? the entire act is incendiary and hostile to the people. >> who will be sitting in the room in front of her. >> it is a hard place to begin the job as babysitter which is what the press secretary is in a way. bannon certainly, at this point, the most awesome, i guess, would
be a good word to suggest there. he is not the kind of guy that has ever in the history in our lifetimes been in a position as important as chief strategist to the president of the united states. >> isn't there always a push and pull at this time? there are 4,000 appointments to be made and which direction to go. isn't it always like this? always a moment of jockeying who will have the ear of the president? >> on steroids. usually, christine, this is predictable. a huge set of allies that the incoming president has. >> i look at some of the names on the lists. we have some of them. you have people who supported both candidates or both parties. it's almost as if this is the third party candidate who ran as a republican and this is what it would look like if you saw the picks. they are talking about ben
bernancke and jamie dimon. interesting. >> don't forget that just being floated and named doesn't mean that person is likely to get the job. there are a lot of reasons to put someone's name out there. flattery is one of them. always nice to be mentioned. maybe you want to show i'm casting a wide net here. >> it was a small universe of people supporting donald trump from the beginning largely. these people showed fierce loyalty. many think they should be rewarded. it is not a quid pro quo. they stood up for donald trump. they weren't looking for jobs when they supported trump. >> that would be a bad bet. >> these people were fiercely loyal to trump. there is also the phenomena we have been watching. president obama out there. there has been no greater ambassador to the world for the future trump administration than
current president obama. listen to what the president said yesterday. >> i also think that he is coming to this office with fewer set hard and fast policy prescriptions. i don't think he is ideological. i think ultimately, he is pragmatic in that way. and that can serve him well. as long as he's got good people around him and he has a clear sense of direction. >> president obama has always said he respected how george w. bush left office. this is that on steroids to quote ellis henican a moment ago. he would not take the bait on steve bannon yesterday. >> i'll give you two theories. one, he is giving the incoming president a name to live up to. thinking donald trump doesn't know how to be president. and if barack obama can be a
mentor, maybe he can influence him. the other explanation is that maybe obama said this guy is so different from me. i want to show this difference and emphasize how it is that a grown up and mature individual acts in a situation. >> i heard people talk about jeff sessions. he has been a loyalist. >> one of the few. >> many in his party were bailing like chrrazy. will he have a big role? >> i think he will have a big role. i don't know if it is secretary of state. rudy giuliani's name keeps coming up. i don't know whether that will happen. i don't think that is settled yet as far as we can tell. if he wants a big job, he's got a big job. >> that's an absurd list. i don't think it will be richard armitage or henry paulson.
>> jeff sessions will get a job if he wants it. state or defense. attorney general. he is a lawyer. he had trouble getting a federal bench job in the '90s because people said he had a racist past. >> look at the sec. it was not full. the chairman is leaving. a lot of work to do. president obama in athens right now. this is the first leg of the final trip as president. coming up, how he is trying to soothe tensions around the world. nervous leaders about president-elect trump. ♪ ♪ ♪ is it a force of nature?
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foreign trip of the presidency. this is part of a tour which takes him to germany and peru. the goal now is to ease global concerns about president-elect trump. the current president is hinting he is serving an unlikely ambassador for the next president. >> in my conversation with the president-elect, he expressed a great interest in maintaining our core strategic relationships. so one of the messages i will be able to deliver is his commitment to nato. >> international diplomatic editor nic robtson is live in athens with us. what do people want to hear about president-elect trump? >> reporter: they like to hear there will be stability and
continuity and they can rely on the united states as a strong partner. a partner that president obama talked about there. in nato, president obama will deliver that message in a couple hours. he will meet with the greek president and prime minister. when he gets to germany later in the week and meets with the chancellor and the president president and italian and spanish prime ministers. the message of reassurance that he is talking about that the president-elect trump will continue with the understanding that nato and the trans-atlantic alliance is important as important to europe as the united states. here in greece, however, people are hoping to hear something about debt relief from president obama. they hope president-elect trump listens to that as well. this country is mired in debt. that's what the people feel. greece had to deal with huge
waves of refugees from the middle east. hundreds of thousands over the past couple years. president obama likely to reiterate the message we heard from him before when he was speaking with the italian prime minister last month. that greece, italy and germany cannot expect to share the burden alone. why is that important to the incoming president, president-elect trump? why? because we remember a year ago those attacks in paris, isis attacks. some of the attackers posed as refugees and came through greece. hoping greece helps europe, helps the united states. >> beautiful shot, nic robertson. nic, thank you. after months of blasting canada, president obama is now urging americans to give president-elect trump a chance. in his first news conference, president obama fielded questions about his successor. he answered for the most part in
complime complimentary terms. athena jones as the latest. >> reporter: good morning, john and christine. president obama spent the press conference touting the achievements on health care and climate changes. after months spent slamming president-elect trump as unfit to be commander in chief, the president declined to continue to question the qualifications. i asked if he still thought trump was unfit to lead. >> the people have spoken. donald trump will be the next president. the 45th president of the united states. and it will be up to him to set up a team that he thinks will serve him well and reflect his policies. and those who didn't vote for him have to recognize that's how democracy works. >> reporter: i asked the
president what message he thinks president-elect trump is saying with the appointment of steve bannon. breitbart news has championed white nationalists themes. >> campaigning is different from governing. i think he recognizes that. i think he is sincere and wanting to be a successful president and moving this country forward. i don't think any president ever comes in saying to himself i want to figure out how to make people angry or alienate half the country. i think he's going to try as best he can to make sure that he delivers. not only for the people who voted for him, but for the people at large. >> reporter: the president also offered trump advice because of the nature of campaigns and bitterness surrounding the campaigns, it is important for
trump to send some signals of unity and reach out to minority groups or women or any other voters who may not have been donald trump supporters and may be concerned the direction of the country. i should say he also sounded hopeful saying he found trump during his 90 minutes discussion with him in the oval office to be non ideologue. back to you. >> athena jones, thank you. monday night football. giants trying to accomplish something they have not done in three years, but they would have to get past the cincinnati bengals first. coy wire with the bleacher report. that's next.
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all right. the giants won a nail biter on monday night football against the bengals. this was their fourth win in a row. >> coy wire has the bleacher report. >> the giants are on fire right now. their six wins matches the total wins in the past two seasons. they have not looked this good since the super bowl run. odell beckham jr. freezes the defender like the mannequin challenge. catches the pass from eli manning and channels michael jackson. this was the moment right here. giants gamble on fourth down early in the fourth quarter. look at this. touchdown. rookie sterling shepard. eli manning had three touchdowns in the giants 21-20 win over the
bengals. rob gronkowski is injured, but conflicting reports on how bad he is. first, gronk punctured his lung sunday night. now the report is suggesting it is not that severe. gronk will go through more testing. he said this is one of the hardest hits of his career. he is like i'll be all right. i have two lungs. status is unclear. good news for berman, they play the 1-8 49ers. and the clippers are winners of seven straight. they are putting a beatdown on everybody. including themselves. jordan goes in for the hug. but dang, a little too hard. that was the only headache all night as the clippers cruise to the 127-95 victory. if you are tired of the
mannequin challenge, too bad. gonzaga student section pulled it off before the game against san diego state that we had to show you. reporters, cheerleaders, students all frozen in time. if you like that one, how about this under water mannequin challenge. the university of pacific women's water polo team taking it to a whole new level. christine, you love that one. no bubbles or anything. >> i love that one. how many times do they have to do that? >> good stuff for you. >> i want to know how many fads can i miss? can i completely miss? the mannequin challenge. the last one. >> get your partner in crime and bust one out on social media. >> big. strong. coy, thanks so much. four key cabinet posts for
the trump administration which could be named as early as today, but it's not easy. one insider describes the process as a knife fight. that's coming up. i just want to find a used car without getting ripped off. start at the new carfax.com show me used trucks with one owner. pretty cool. [laughs] ah... ahem... show me the carfax. start your used car search at the all-new carfax.com. ♪ ♪ ♪ ♪ ♪
transition trouble. the trump team fighting over key cabinet positions and questions of who is really in charge. security clearance for the kids. a source tells cnn that trump wants to let his adult children in on some of america's secrets. president obama's first priority on his final trip to europe. calming fears about the next president. welcome back to "early start." i'm christine romans. >> i'm john berman. 30 minutes after the hour. nice to see you this morning. later this morning, vice
president-elect mike pence goes to trump tower to talk cabinet positions with president-elect trump. up for discussion, department of education and commerce and state. this meeting comes along with a knife fight over key appointments to the posts. a source tells cnn that the sharp split pits republicans like reince priebus priebus against outsiders like steve bannon. these men will share power inside the white house and then there is trump's son-in-law jared kushner who played a huge role in the campaign and now in the transition. leading to results that one source calls baffoonary. i want to bring in jim acosta
with the latest at trump tower in new york. >> reporter: john and christine, mike pence will be here at trump tower to begin the process of narrowing down the names that will be filling the most important cabinet positions in the new trump administration. among the names talked about former mayor rudy giuliani as secretary of state and jeff sessions for attorney general. top trump officials are defending steve bannon as strategist. kellyanne conway says bannon will make an excellent chief strategist. >> i worked closely with mr. bannon. you need to look at the full resume. he has a harvard degree. he is a former naval officer and former goldman sachs managing
partner. >> reporter: and many ask how bannon fits in the picture. john and christine. thank you, jim. new questions about the lines with the trump family business and america's business. donald trump is considering asking for top security clearance for eric, don jr. and ivanka and jared kushner. in the transition team, the president-elect trump has not made the request and none of the children have filled out the necessary paper work. this raises conflict of interest questions because the children would run their father's corporation. let us break down all of the comings and goings with greg valliere. greg, great to see you this morning. let's talk about the markets and what the markets want from the incoming trump administration. so far, they are getting mixed
signals. reince priebus, the insider's insider. that is a calming force, but then there is steve bannon. an outsider who ran breitbart which has anti-semitic rants. >> and my issue is donald trump can do whatever he wants. for us who under estimated him, we do that at our own peril. i think if he hires his kids, he has the bannon controversy. trump said he could walk up fifth avenue and shoot people and his supporters would not abandon him. he can do whatever he wants. this seems to be background noise. >> you heard donald trump was deals, not details. what the markets are telling us, the dow at a record high with five days of gains here. the markets are saying on day one he can get tax reform and
infrastructure and tax cuts. you say that may be too aggressive. >> he'll get it, christine, but the issue is when. i tend to think later than sooner. i think he will take whatever paul ryan sends him, frankly. he will not do a deep dive into the weeds on the capital gains rate. he will agree whatever he gets from congress. let's not forget in '09, the shovel ready jobs weren't ready. we may get an infrastructure bill and it could be next year at this time before jobs really are created. same with tax reform. the effective date is some time in the second half. i think '18 will be a very robust year with big interest rate increases. i think in '17, it will take a while to find the bathrooms. it will be a process. >> finding the bathrooms. i think one thing that is at risk here, the markets have really rosy view on things here.
if he says something that could be attributed to a trade war with china, that could derail the optimism. >> two things the markets worry about. there are a lot of reasons to believe we will get a pro growth agenda. you are right. could we get into a trade war with china? the other thing is i would watch the relations with janet yellen. if he appoints a yellen opponent as secretary treasury. i think there will be anxiety in the markets about the fed's authority being challenged. >> what about the relationship with congress, greg? a lot of people asked me these republican house chairs and senate chairs in congress will stand up to trump on matters they think are important. what evidence do we have of that? to me it seems likely they will cater to his agenda and they'll roll. >> like i said at the beginning, you under estimate him.
i think members of congress finally get that. i think they will basically do whatever paul ryan and priebus and mitch mcconnell want. they will all be on the same page as trump. >> what does that mean for things that matter like the deficit? the deficit has been the thing that has been paramount importance for people for a long time. including the republican party. will they give that up? >> i think the deficit is a real problem in the turn of the next decade. we have two or three years where the markets won't freak out over it. yields will go higher. this president doesn't care that much about deficits. >> it wasn't long ago he said he could get rid of the national debt in eight years. something that everyone knows is impossible. the question is which donald trump will you get? candidate trump or as president obama calls it pragmatic donald trump? >> the major priority is growth.
jobs growth. fewer regulations and tax reform. that is the key. >> he criticized the obama economy. the obama economy is wind in his sails. >> greg, rudy giuliani is the lead for the secretary of state. what do you make of that possibility? >> i think he would be an incredible lightning rod at the justice department. secretary of state, like everything else trump does, he will prevail. if giuliani is the nominee, he will get confirmed. >> greg valliere, so nice to see you bright and early this morning. i have been following all of your writing over the course of the crazy election. appreciate it. the chair of the securities and exchange commission is stepping down before trump takes office. mary jo white will leave about the time president obama leaves office. she was slated to leave in june
of 2019. she said it was an honor to lead the sec. she is proud of the agency's enforcement actions. white has faced criticism. last month, senator warren wrote a letter to president obama asking him to remove her because she wasn't doing enough to get businesses from pouring cash into politics. that brings me to the romans numeral. the number two. just two of its five commissioners seats at the sec are filled. two of five. gridlock in washington preventing the nominees from being confirmed. another example of a lot of work and appointments that donald trump will have when he takes over. >> which will be filled more easily than they were under the current administration. president-elect trump is the main subject for the current president. president obama's final overseas trip. that's next.
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it's proven to keep you feeling fuller longer. just a short time ago, air force one landed in athens carrying president obama for the last overseas trip of his presidency. one goal of obama's mission is calming global concerns of president-elect trump. the conference in washington, the president indicated he will offer reassurance that trump does back america's relationship with nato. >> in my conversation with the president-elect, he expressed a great interest in maintaining our core strategic relationships and so one of the messages i will be able to deliver is his commitment to nato. >> international diplomatic editor nic robertson is live in athens with the latest.
good morning, nic. >> reporter: good morning, christine. that is something the european leaders want to hear from president obama. there's a deep concern and there has been a great deep concern that president-elect trump would in fact in some way disengage or downscale the importance of nato at a time when europe feels russia's actions in ukraine and crimea and syria are particularly threatening for a number of reasons. when he gets here or meetings here in greece with the president and prime minister, there will be other issues on the agenda. issues of the economy here. hoping in greece that president obama will speak about debt relief. if that happens, there's a hope here that president-elect trump will will listen to that. that is important for the greeks. president obama is expected to talk about the refugees burden should not just be shouldered by
europe and generrmany. the security for europe and the united states can find traction there. remembering the paris attacks a year ago. some of the attackers posed as refugees and came through europe. security for europe is security for the united states. that a message he will carry through to berlin when he meets with the british, spanish and italian leaders. >> you will cover it all. thank you, nic robertson live in athens. president obama set to hold a news conference in athens in a short while. we will bring it to you live. if this session holds to form, the current president will face questions about the next president. president obama has been notably careful not to criticize president-elect trump. the white house before he left on the current trip, president obama said he considers the next president to be pragmatic. cnn's athena jones has the
latest. >> reporter: good morning, john and christine. president obama spent much of his press conference here touting the achievements from the economy to the iran nuclear deal and health care and climate change. after months slamming president-elect trump as unfit as commander in chief. he declined to continue the disqualificati disqualifications. i asked if trump was still unfit to lead. here is what he had to say. >> the people have spoken. trump will be the next president. the 45th president of the united states. and it will be up to him to set up a team that he thinks will serve him well and reflect his policies. and those who didn't vote for him have to recognize that's how democracy works. >> reporter: i also asked the president what sort of message he thinks that president-elect
trump is sending by tapping steve bannon to be the chief strategist and adviser in the white house. breitbart news has championed white nationalists themes. >> campaigning is different from governing. i think he recognizes that. i think he is sincere in wanting to be a successful president and moving this country forward. i don't think any president ever comes in saying to himself i want to figure out how to make people angry or alienate half the country. i think he's going to try as best he can to make sure that he delivers. not only for the people who voted for him, but for the people at large. >> reporter: the president also offered trump some advice saying because of the nature of campaigns and bitterness and verocity surrounding the campaigns, it is important for trump to send signals of unity
and reach out to minority groups and women or any other voters who may not be trump supporters. he sounded on a hopeful note. he found trump during the 90 minutes in the oval office with him last week to be non ideologue, but pragmatic. >> thank you, athena. let's see what is coming up on "new day." alisyn camerota with us right now. >> good morning, guys. great to see you. we will be bringing you on "new day" all of the latest on the trump transition team. this morning, a few hours from now, vice president-elect mike pence will be sitting down with donald trump to go over the names of the people that they want in their cabinet and cash it all out. we will bring you the developments and news from that. we will speak with congresswoman debbie dingel of michigan.
they tried to warn the hillary clinton campaign they were not paying enough attention to michigan voters. what did she say to the campaign? what response did she get before the election? we will talk to her live when we see you at the top of the hour. >> alisyn, thank you. warren buffett takes flight. the billionaire investor buying hundreds of billions of dollars of one industry he once called a boug bottomless pit. we will have an early start on your money next.
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journalism has lost a giant. gwen ifill, one of the most respected political journalists died of cancer monday at the age of 61. she was surrounded by friends and family. president obama called her a powerful role model who did her country a great service. former president bill clinton wrote this, gwen ifill was a
howard dean and former presidential candidate martin o'malley. dow futures pointing higher. dow driven by bank stocks. nasdaq and the s&p dropped. stocks in europe are rising right now. shares in asia, closed mixed overnight. billionaire investor warren buffett is betting big on u.s. airlines. he called this industry a bottomless pit in 2007. his company took stake in united and delta according to filings
on monday. all of those stocks are enjoying a buffett bounce. up 7% in pre-market trade. they are taking flight. buffett didn't say what caused his change of heart on the airline industry. a crash in the price of jet fuel. stocks are climbing, but bonds are getting crushed. the yield on the ten-year treasury spiking to 2.3% on monday. incredible jump from the 1.7% before the election. it was as low as 1.36 this summer. one said this move is a violent reaction to trump's economic plans. the spike is so big, it happened three times in the past decade. this shows trump's plans will add to the debt load and inflation to rise and borrowing will be more expensive for the government and consumer. you will likely see mortgage
rates rise. check out the money stream app. download it now on the app store or google play. you have to borrow the money to get things done. more bonds means the ones out there are less valuable. >> interesting to see if paul ryan is as concerned about the debt and deficit with the trump administration. that's "early start" for today. i'm christine romans. >> i'm john berman. the trump transition team fighting over cabinet picks. a big meeting in a few hours. "new day" starts now. >> he is loyal to people. they are loyal to him. >> knife fight over key appointments to the cabinet. >> reality is steve bannon has led one of the major racist web sites. >> this is all about achieving the agenda. >> i have concerns, absolutely. >> donald trump is considering
top security clearance for his three grown children. >> take care of the business. >> are these individuals involved in the national security process or involved in the business? don't mix those two. >> i think it is important for us to let him make his decisions. >> this is "new day" with chris cuomo and alisyn camerota. >> good morning, everyone. welcome to your "new day." the selection process of the new cabinet is described as a knife fight. transition chief mike pence is on the way to trump tower to hash it all out. >> president obama has just arrived in greece the day after the first news conference since the election. the president saying trump is committed to nato. we have reporting on the concerns abroad. let's start with sunlen serfaty. >> good morning, chris. the advisor describing the meeting with trump and mike pence as serious given they are
nearing final decisions over the top cabinet positions. inside the broader transition team, there is an internal struggle. disagreement over the big decisions between the more the two power centers in trump's world. the battle for appointments to president-elect donald trump's cabinet being called a knife fight and buffoonery, according to sources within his transition team. with potential picks for west wing and key national security posts drawing sharp internal disagreements. >> i think you'll hear some additional appointments. >> reporter: but today inside trump tower, president-elect trump and mike pence are hunkering down. the positions to be possibly nailed down as early today include secretaries of state, education, commerce, and treasury. >> he's a nightmare, and he's the chief adviser to the president of the united states now. >> reporter: thiss