tv MSNBC Live With Ali Velshi MSNBC June 22, 2017 12:00pm-1:01pm PDT
title. we have to actually have legislation that fixes the underlying problem. under obamacare, the average family's premiums have risen over $5,000 a year. that's the fault of the federal government. it's the fault of the failed federal policy that is obamacare. we need to fix that and so throughout the conversations with the working group, with the majority leader, with the president, the vice president i've made clear i want to get to yes and the way to get to yes is fix the underlying problems. lower premiums and i will happy be part of it. we can get there and the other senators who feel the . >> reporter: what about resolving that in conference committee and you turn out to be the person that prevents it? you're the 49th or 48th vote and they're just shy. >> i think we can get there but this current draft doesn't do enough my biggest concern is under this draft premiums would continue to rise and if premiums rise after we hold a press
conference claiming to have repealed obamacare, that's a disaster. it's a disaster politically, substantively, it would be a failure of the mandate we've been given by the voters. >> reporter: would you be willing to make changes on the medicaid legislation as it currently stands? because even if you turn to yes, there's still the potential of moderates like lisa murkowski and susan collins could be no. >> everyone expect this is current draft for there to be significant changes and the majority leader and the staff rolling it out, they said this is the discussion draft, this is the first draft, there will be significant changes. we'll have to continue having a negotiation. everyone will have to give. that's the only way you can get at least 50 out 52 republicans. the only way to get to yi is if everyone is willing to give some and the keys are focusing on principles that bring us together. two principles that bring us
together are the keys to getting agreement. number one, lowering premiums, if premiums go down it's a win for everyone -- a win for conservatives and moderates and the men and women we represent but number two another principle that ufies everyon is state flexibility. letting states have far more flexibility. so for example with medicaid letting each individual state letting plans care for the most vulnerable. letting a more moderate governor like jich ohn kasich in ohio dot he wants for ohio, letting greg abbot in texas do what texas wants the. beauty of more state flexibility is that it unifies our conference. it gives a win for everyone and if we come out of this with premiums going down with consumers having more prices, more options and state having more flexibility for innovative
solutions for caring for the most vulnerable, that's a big w win. >> you've been watching senator ted cruz live speaking to reporters about why he can't support this gop draft health care bill as it stands right now. good afternoon, i'm ali velshi, we got it, this is it, the draft senate gop health care bill, all 142 pages of it. but in the four hours since it was revealed this morning when some people haven't had a chance to go through it, already four republican senators have said they can't support it the way it stands. we expect the democrats to come out against it and they have but now we have four gop senators saying changes are needed and that is more than enough to block its passage. it was the majority leader, senator mitch mcconnell of kentucky who introduced the draft, now it's rand paul planting his foot in the sand. >> the four of us have said we
cannot support the bill in its current iteration. >> tell of us who the rest of this gup is? >> this group will be senators cruz, senator lee and senator johnson and myself. >> and together that's enough to take down this bill. >> the intention is not to take down the bill, the intention is to make the bill better. >> the intention is not to take down the bill. let's get to our team right away. garrett hayes standing there on capitol hill talking to as many lawmakers as he can. what do you make of it so far? >> well, i was just part of this news conference here with ted cruz and i'm struck by the fact that both he and rand paul oppose this bill. they say they want to get to yes but they oppose it for different reasons. rand paul talked about how it's too much like obamacare. he talked about the way it might still be crushingly expensive. ted cruz said the bill doesn't do enough to lower premiums. he said there needs to be work done on that end. so there's conservative opposition and they're united in the fact that they feel like they need to continue discussion
but they're not united about the specific things that bother them. leadership said they want a vote by the end of next week and what you heard from ted cruz is someone who said this is very much a work in progress, very much a discussion that needs to continue and they're not even down to just a couple issues. i can tell you even the republicans i talked to earlier today, folks like bob corker from tennessee who's a committee chairman sort of reliable ally of the leadership, the closest he got to yes on this is it's a good step, we want to look at it, we want to study it closely over the weekend. republicans aren't rushing out to embrace this. they're looking at it very, very cautiously andery very carefully except for the four who've already said this is not going to get the job done. >> garrett, thanks very much for that. we will stay with you and your colleagues at capitol hill as you are getting more and more reaction to this. msnbc's chief legal correspondent ari melber with me in studio. you were with me when this dropped. ari, we have rand paul come out
and talk about three other senators. we know there are four who don't like this to start with, lisa murkowski and susan collins would have issues on this of defunding planned parenthood for a year. putting aside the six votes that may not be there and republicans can only lose two, what else legislatively does this represent? >> this has been a fast-moving day on the hill and fascinating because of the budget reconciliation act. the rules are we're looking at 51 votes so everyone can count, rand paul building his coalition. we know politically there are people who could ultimately support this bill but they have the four votes blocked there. let me walk through what we're dealing with. you have public hearings because of something called the legislative reorganization act of 1970, the law that made house and senate processes transparent by making committee hearings public and you have the fast track which means that while you have those public hearings you can skip past and that's what
mcconnell is done. we will make all committee hearings public and the use of rule 14 bypassing the bill to one of those hearings and going directly to the floor, senate floor. noheargs. >> and the argument here that some have used is that we've been talking about that f many years. everybody knows that democrats won't get on board with this and that republicans campaigned on the promise of repealing so why do we have to rehash the stuff that happened during obamacare, all of the hearings, all of the year of listening to people coming to congress? >> and the bottom line is republicans have a point which is this is lawful. there are measures within the rules to do what they're doing today. then you go from law to politics. politics are when you don't have the hearing process it puts more individual senators in control of the process and that's why, that's the undercurrent why someone like rand paul and truz can band together, they're not working within a hearing structure. they have enough of a block,
this four-vote block, to potentially stop the whole thing. >> right, by the way, for people who have decided they want to read this when you start on page 1, you'll have trouble reading it because it makes references to other legislation. this suspect like a novel you can read on its own. legislative language ranges from being no fun because it's hard to understand to useless. what you're holding is mostly useless because every line you can see, line seven you say this is the elimination of this excess advanced payment. then it's going to amend the long underlining legislation. >> so you have to have a piece of legislation. >> there's a richness because both sides say i want to look at the bill and it the online but it's amending legislation to the other things. that's why the first several dozen pages referenced tax cuts that have existed, they have the tanning bed tax, rember, this
amends what is already on the law for that tax. >> which speaks to the idea that the affordable care act or obamacare wasn't just a thing, it was a lot of legislation that came together to create health insurance so this is stuff that deals with a whole lot of difference pieces of legislation. the larger point is it does need time to digest and read and understand. >> i think on the one hand it needs time to be understood and the democrats making that argument. i do think the republicans' point here is broader, they're saying, look, you know how obamacare works, the president making the argument that it's got problems and if we can cut out some of the fat and cut the taxes which we know is popular among republicans we can move forward. the flip side is it's a gigantic medicaid cut which has nothing to do with the obamacare insurance debate. >> let's look at what is inside this bill. we've been talking about the politics around it. now i want to discuss what's in it. let us look at the things being
phased out of here. the individual mandate or the penalty in obamacare that said you had to be in it otherwise you have to pay something. the employer mandate, 50 employees or more you have to provide health care, that's out. the taxes obamacare imposed on high earners, that's going out and retroactively they're going to give people their money back. medicate expansion, it's out over a longer period of time but it will be a deeper cut when it happenings, subsidies for out-of-pocket costs for your insurance are disappearing and funding for planned parenthood gone for a year. republicans have made the case that planned parenthood is about aborti. it's worth going to planned parenthood's site and seeing the numberf basic and first point of contact health care for a number of women that planned parenthood provides. what's in this tax credits? we knew that for the house bill, instead of being on your age,
like obamacare tax credits will be on your income. coverage for pre-existing conditions. this is probably the biggest deal. it's in the senate bill with a few asterisks next to it. that will help a lot of moderates. subsidies here are based on income not age so this senate bill penalizes old people less than the house bill. you pay less money for insurance we have to see when the cbo score comes in how much less you'll pay but you'll get less mandated coverage than obamacare and much bigger spending cuts on medicaid although they take longer to phase in so that's fundamentally what the difference is with these bills but i don't want to misrepresent this by saying it's 142 pages of legislation so there's a lot in it. i want to go over a few of these things with dr. patel who worked for the obama administration, she helped draft the affordable
care act. good to see you, thank you for being with us. i don't know if you had a chance to look at this but to ari's point, you've been looking at this for years so what strikes you about the senate bill? anything surprise you and what should most people be focusing in on? >> i think the big surprise is that there seems to be a reverse from what we've heard where senators were originally saying they were going to take their time and i think a lot of people thought this wou look very different from the house bill. and aside, ali, what you pointed out, there's not that much of a difference. we're still going to see deep cuts to medicaid and changes that result in loss to people overall for insurance. >> let me talk about medicaid for a second. this is something that if you're not on medicaid you may not realize that 20% of all americans are covered. i think i have a screen that i can put up. 20% of all americans are covered by medicaid. 39% of all children, 49% of all
births and 64% of all nursing home residents come from medicaid. so medicaid is a much bigger piece of the pie for instance than americans who were on the so called death spiral obamacare exchanges. >> that's right and the senate version has a slower phaseout but it's still a phaseout of the expansion and ultimately it doesn't matter what the congressional budget office says in some ways, it's absolutely going to be a loss to the program and keep in mind this is really going to be something that i think is important this weekend as senators actually read this. their constituents are going to weigh in, we hope, to say this is a program that needs to be protected. >> now, there's something interesting here and that is that what this senate bill does is that it -- while it cuts a lot out of medicaid, it delays it. the house bill was going to see most of these cuts by 2020 i
think january 1, now we're not starting with the cuts until 2025. i would say the cbo score only goes out 10 years so the damage from the cuts to medicare will not be visible to most americans next monday or tuesday when the cbo score comes out because it will only go out ten years then everybody will have to vote on this next week. and when people find out the damage done by these cuts they might think twice about it. >> you took the words out of my mouth. that's why i said it almost doesn't matter. if cbo paints a slightly rosier picture, i think it's a fallacy to compare this just to what the cbo said about the gop -- the congressional house version so i think you're right on the money. it's looking at this on the long term. and just what senator cruz just said troubles me a little bit because he's talking about adding in language that allows for catastrophic health plans and ali you remember this is
actually where we got into trouble in the first place with having these paltry hlth plans that people ght got them health care and they didn't. >> so i can actually sell you health care fkacare for a dolla month. it's like car leases, everybody decides i can pay $1995 mont 9 . in the end, you pay. if i sell you insurance for a dollar a month, it won't cover anything you need. so we're caught up in the idea of premiums being higher or lower without proper attention to whether coverage increases or decreases in a commensurate fashion. >> that's right. and you've touched on this topic. it's really about the value of the benefits. so if we eliminate something you didn't get to mention that is buried in the 142 pages is this ability to still let states have this flexibility, remember, that gives them the flexibility to eliminate essential health
benefits. that gives them a lot of flexibility to do things that can make coverage even worse. >> good to talk to you, thank you so much. covita patel is a fellow at brookings and a physician. up next, president trump takes to twitter to squash the speculation -- which he started himself -- about the possibility there might be tapes of his conversations with former fbi director james comfy. >> reporter: why won't you explain whether or not there are recordings. >> the president made it clear. >> reporter: that's not my question. >> that's what the president's position is. >> reporter: given that you refuse to confirm or deny, how is any official supposed to feel comfortable having a conversation with him? >> the president has made it clear what his position is. isaac hou has mastered gravity defying moves to amaze his audience. great show. here you go.
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>> reporter: do tapes exist of your conversations with him? >> i'll tell you about that sometime in the very near future, but in the meantime, no collusi collusion, no obstruction, he's a leaker but we want to get back to running our great country. >> reporter: there r there tapes, sir? >> you're going to be very disappointed when you hear the answer. don't worry. >> reporter: that was president trump in a press conference on june 9 talking about the tapes he suggest head might have of conversations he had with fbi direct oor james comey.
president trump saying he doesn't have the tapes. "with all of the recently reported electronic surveillance, intercepts, unmasking, illegal leaking of information every no idea whether there are tapes or recordings of my conversations with james comey but i did not make and don't have any such recordings." i want to bring in kelly o'donnell at the white house. kelly, i have no question for you. i just want you to tell me what you think of this. >> well, this is certainly ending a mystery that has existed for a while at the white house and it was done by the president with a tweet to unravel a tweet mystery he launched with the threatening tone of there might be tapes with respect to james comey's upcoming testimony that we have now heard under oath and there is a deadline. it's possible the president was responding to that. not only has he been asked directly, i've asked him, other colleagues have asked him, we've asked the top spokespeople at the white house for a resolution to the tweets, wiretapping
tapes, issues. they have been unable to provide an answer. part of what made it stick is when the n the president's business life prior to coming into politics he had at times regarded conversations so there was a predicate to suggest he had an interesting in recording tapes. that's where we started. today he finishes it by suggesting that he did not have, did not record, does not possess tapes. it does have a legal tone that makes me wonder if it was passed through the white house counsel's office before it hit his twitter feed but there was a deadline set by a house committee wanting proof of tapes or some kind of response from the white house officially, that deadline coming up tomorrow and so the president meets the deadline, answers the questions and as some in the white house suggest, he might be responding to the promise of giving us an answer. so it has been a long twisted road on the suggestion of recorded conversations.
but he says there are none that belong to him, but because it can't be that simple in a trump white house, he raises the specter of could there be other kind of surveillance? that is a thought put out there without any specific basis to it. ali? >> i didn't think a year and a half, two years ago i'd be such an expert on twitter and finding tweets and tweets to unravel tweets. but life as changed kelly. thank you, kelly o'donnell for us at the white house. up next, why there can be bipartisan support on capitol hill for certain issues, not necessarily health care which is one of the most important bills of the decade. representative french hill and brenda lawrence join me on bipartisanship and how it's still alive after the break. >> seem to be more concerned about having the votes and once they get the votes i guess we'll find out more about what their changes are going to be. >> they need to focus on getting it read, getting it right. i know people are in a hurry to get this done and passed just to show progress though i think
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middle-class and families deserve better than its failing status quo. they deserve better care. that's what we're going to continue to work to bring them. >> simply put, this bill will result in higher costs, less care, and millions of americans will lose their health insurance -- particularly through medicaid. it's every bit as bad as the house bill. in some ways it's even worse. the president said the senate bill needed heart. the way this bill cuts health care is heartless. >> that was some of this morning's senate floor debate. after senate republicans released the text of their health care bill which i've got here. as you can tell by the statements from the democratic and republican leaders, health care is an extremely heated and partisan issue when house a ebbs passed their version of the bill, they did so without
democrats. so how do we get anything done. i want to bring in democrat brenda lawrence and republican co-chair of the skilled work force caucus working to discuss a bipartisan bill they support on career and technical education. as a financial and economic journalist that's of great interest to me and we'll get to that but i want to start with one of the most partisan issues on capitol hill, health care. i guess i want to ask you and i'll start with you, congressman lawrence, how do you apply what it is that you and congressman hill are doing to those issues that seem more partisan and intractable like health care. >> we're standing here together on an issue that will benefit the american people and when we're having this discussion about health care in america, it's not about we sitting here in congress, these 435 members of the house, it's about the
peop people. there should be good strong debate. there will be pros and cons and those who we have to reach consensus with. it's about working together and finding the place where we know we are in the right place because it will help the people. >> congressman hill, i've heard that, we've heard it more since that terrible shooting at the baseball practice that in fact many of you recognize it is about debate but that you understand the context within which that operates. is that true or do you just go there to get what you have to get done and the spirit of compromise isn't always present. >> i think my experience in working on the house financial services committee is many times we can find narrow specific issues where we can come together as democrats and republicans and pass bills that
will improve the economy, improve economic performance and that's my experience as someone in their second term in congress. brenda and i came in together and that's why we engaged as a former may or and former chambe chairman in little rock about how can we work together to offer opportunity for more jobs and careers for admit life, folks trying to change a career at mid-life like we saw when we were in detroit and young people who aren't college bound who can do well financially if they have a skilled trade. >> so congresswoman lawrence, i want to ask you because the president is talking about apprenticeship apprenticeships. we struggle with this concept of retraining. we have lots of people out of work and they fall prey to politicians during campaign periods who say we'll stop imports from coming in, jobs from coming out when in fact in some cases retrain organize better training into the types
of jobs that are available is a better answer. >> one of the things that french and i when we talked about this we said what do we need in america? and we had briefings here on the hill and we brought industry in and they said what is going to cripple this economy is the lack of a force force, and a skilled work force. our labor work is shrinking based on technology and innovation. >> and age. >> and age. the average age of a skilled trade worker in america is 53, but we're not replacing that skilled trade with the next work force so we -- and i'll tell people i'm a democrat, infrastructure investment and skilled trade are two things the president has been on the right point and i will stand with him on that french and i talked about what is best for the working people of america and this affects those losing their jobs. we talk about mine workers,
ladies and gentlemen that industry is shrinking. i went through it with the auto industry. we have an opportunity to restrain. >> congressman hill, for people suffering -- a lot of america, people put of jobs, whether it's mine, auto, manufacturing in the part of the country you come from what answer might your bipartisan legislation give them? what should they be looking forward to? this perkins act shifts power back to the states and gets rid of some bureaucracy, gives more power to the states with those federal dollars to fill in-demand jobs in partnership with industry and that's a big change it's less bureaucratic, more action-or yented. there's six million skilled gap jobs in our country and this legislation tackles that. we saw in detroit the home builder who lost his job in the recession but was retrained in an apprenticeship program in detroit's largest hospital as a radiation technology person and
is doing well financially and in happiness. >> it's not a message a lot of people get. congresswoman lawrence, you said you'll stand by the president of infrastructure and retraining but you are a member of the congressional black caucus which has declined an ini have nation for a second meeting with president trump because -- i think the stated reason is the first meeting wasn't that productive. >> the first meeting i felt was very productive. we were clear. we were asked questions as black america what do you have to lose and we went clearly toiscuss with the president whatre those policies what are the budget items that impacts the black community and basically poor people in america, just the challenges of poverty in america and we asked for certain things. we have sent five liters. we asked to meet with the secretaries his appointees. none of that has happened so we're saying to the president we
met, we talked we know urn in the room and understood the issues. we want to work. we don't want to have a reception and we're not there for photo-ops. we want to work. mr. president please respond to those issues and you'll have the black caucus rolling up their sleeves to work with him to take care of america. >> congressman hill, final question. you voted for the original affordable care act that passed in the house. now it's gone to the senate, don't know whether the senate has enough votes to pass it but if that vote -- if that bill as presented that i have here in my hand, 142 pages, i know it's a draft, is there some chance you'd participate in this if it gets back to the house? >> it's important that we cannot leave the affordable care act the way it is with soaring deductibles, soaring premiums, people dropping out of the individual market. we need to repair i'm option to see what the senate has produced in their draft. we have to have bicameral work
together to improve this law for the american people. we have to have a market-based better functioning more affordable health care system. >> and if i could use a cliche, you don't throw the baby out with the bath water. there were some inharnt challenges with the current health care program that we have, the affordable care act, but ladies and gentlemen -and i y to my colleagues, let's roll u our sleeves. we didn't need to repeal, we needed to fix it but if we don't come together and have that dialogue and debate those issues we won't be able to. this isn't about winning, this is taking caref the health care of peopl in america and that's what i'm here for and want to do. >> congresswoman brenda lawrence, congressman french hill, you have to space on msnbc if you want to talk about bipartisan stuff, i commend you, i hope you can extend that to this health care bill which is such an important piece of legislation. >> it's also the north and the south together. >> we love it!
republicans and democrats hugging on my show can happen all day long. we'll even blow out commercials for that. thank you so much to both of you, continued good luck. representative brenda lawrence, representative french hill. brenda lawrence is from michigan, french hill is from arkansas, second district. up next, president trump vows to pursue immigrants access to welfare benefits. nice try, mr. president, that's been on the book for decades. we're fact checking president trump after the break. with gei. huh. i should take a closer look at geico... geico can help with way more than car insurance. boats, homes, motorcycles... even umbrella coverage. this guy's gonna wish he brought his umbrella. fire at will! how'd you know the guy's name is will? yeah? it's an expression, ya know? fire at will? you never heard of that? oh, there goes will! bye, will! that's not his name! take a closer look at geico. great savings. and a whollot more. before fibromyalgia, i was a doer.
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>> the time has come for new immigration rules which say that those seeking admission into our country must be able to support themselves financially and should not use welfare for a period of at least five years. and we'll be putting in legislation to that effect very shortly. >> the president was feeling pretty good last night in iowa, talking tough on immigration and welfare. turns out that what he is suggesting is already a law and has been since bill clinton was in office. let me show you what that is. hang on a second, i'll put that there. well, i'm going to ask my ntrol room to move that for me because it's not working for me right now. all right, here we go. donald trump wants to keep -- let's push that to the next one. i'll show you the law. it's the personal responsibility and work opportunity reconciliation act of 1996.
immigrants "are not eligible for any federal means tested public benefit for five years." lets me show you what the next one says. there are exceptions to this, certain in-kind medical assistance, certain in-kind emergency disaster relief. so if fema shows up because you've been in a hurricane or something like that, they won't check if you're a recent immigrant or american citizen. everybody who gets that kind of help, blood, things like that they get and public health as s assistance for vaccines. for more, i'm joined by the distinguished fellow at carnegie mellon university's school of engineering. he talks and thinking and writes a lot about immigration, full disclosure, you and i are both immigrants, we're both not born in this country, but you're in silicon valley where the word immigrant in silicon valley represents opportunity not threat, why in so much of the country does it represent
threat? >> i think there's not an understanding about what the role of immigrants is. here in silicon valley, more than half of the country's businesses are starting by immigrants. they're fuelling the economy. the tech economy is fuelling the u.s. economy and the global economy. immigrants make it happen. diversity is key for innovation and this is a melting pot where all this magic happens. people think immigrants take jobs i way, i've documented in my research that we're creating jobs like never before. >> you pointed out in a recent article you draw attention to the more famous immigrants in american history going back to alexander graham bell and tesla, albert einstein escaping the germaning and el ins and elon m current. but you believe this anti-immigrant talk in america for the last decade or so is actually having a very real impact on people's decision to
come to america and create jobs. >> what i did was analyzed the number of unicorns, billion dollar startups in india and china. it used to be that all of these hot tech companies we read about were in the united states mostly sin kohl valley. now about 30%, 40% are abroad. in other words the u.s. doesn't have a monopoly on innovation. many started abroad could have been over here if we let these immigrants in so we're fuelling our own global competition. alibaba could come in and take over a bunch of united states companies. baidu is developing better artificial intelligence than apple. if you look at new phones and cameras coming out of china, they're more advanced than apple so we're getting left behind because of our orns r ignorance and these closed doors. it's a lose-lose situation for americans. >> always good to get your views
on this. we have breaking news on the russia investigation. i want to bring in ken delaney and it's having to do witdan coates, the director. what have you got? >> dan coates, the director of national intelligence appeared before the director of the house intelligence committee and repeated the story. mcdonald's asked him repeatedly to say that he had seen no evidence of collusion between the trump campaign and russia and coates said he found it to be inappropriate. he told others about it and he turned it down. we've reported in the past that the nsa director mike rojjers was also the recipient of such a request from president trump. he found it inappropriate and turned it down and had his aide write a mem kno. neither of these two officials appeared in public but coates behind closed doors told the story to house investigators.
we've also reported special counsel robert mueller is investigating these conversations as part of his obstruction of justice probe. >> kende delaneyian, we have a report that dan coates said he did want president trump to walk back the talk on russia. robert mueller met with the committee, mark warner from virginia joins me now. before i get to intel i want to ask you about the health care bill. i have it in my hand right now i believe you've gone as far to say that we shouldn'tn't call this a bill. >> i wouldn't call this aealth re bill, this is the health care remove act. >> it would throw millions of people off health insurance and provide tax cuts for the wealthiest americans. it doesn't fix any problems with
obamacare and i met with a bunch of families this morning from virginia virginia who have medicaid and receive benefits from medicaid. they would be the first to cut. imagine any senator sitting down with the families i sat with and coming out and saying they will support this bill which so dramatically cuts back and one of the things that makes me bothered with it as a former governor and business guy, this is just an $800 billion cost transfer of costs that the federal government used to take on shifting it back to the states. that's not fair. every governor in the country should be screaming bloody murder at this point. >> let me ask you a mechanical question. we know republicans can afford to lose two votes. we know rand paul named three other senators so that's four against. we know senators murkowski and collins will have some issues
with this because of the defunding of planned parenthood. are you going to do work on this or will the republicans work for you? >> i wld be happyo sit down with my republican colleagues and say what's good about obamacare and bad about obamacare, keep what's good, fix what's bad and try to bring health care costs down. that's not the exercise the majority party has gone through. candidly a number of republicans i think wouldn't mind this bill going through because i think they realize when you try to pass major legislation with just one party it comes back and bite you. but we've been exploded from the process. i've been disappointed. this is going to sync or swim based on what the republicans do. >> let's go back to intel. we were talking to ken about dnb coates reiterating that donald trump, the president, seems obsessed with the russia probe and repeatedly asked coates and
mike rogers to get out there and dial back the story of the investigation. the what do you make of this? you know more about it. >> i won't comment on anything that director coates or admiral rogers said in classified settings. i will say that they confirm ed as have all the members of the intelligence committee, that the russians intervened in our elections. dhs said the russians tried to intervene in 1 21 state elections. i don't know a single senator, democrat or republican, who doesn't believe all that. the only elected official in washington seems to doubt whether the russis msed with us last year is the president and i've heard these stories about himeing obsessed. if there's nothing ere, then cooperate with the investigation. don't go fire comey, don't threaten to fire special counsel. these are not actions of somebody who's got nothing to
hide. >> were you surprised when the president tweeted he didn't have recordings of comey? >> sometimes you can't make this stuff up. the thing i that i think the president -- i know i saw some the earlier commentary saying that the president is probably laughing about this and he's played along the media and he played along congress. i mean, this is not a game. the words of the president of the united states matter. they matter here at home. and they matter abroad. if people can't trust the president's words or tweets and then he won't even acknowledge or deny the validity of those kind of tweets for 41 days this is -- this a much more serious matter than the president trying to, you know, mess with the media. >> senator, good to see you. thank you for joining us. senator mark warner of virginia. coming up next, uber is on the hunt for a new ceo. why women are such a rarity at the top ranks of the tech industry.
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i was having a good round, and then my friend, sheila, right as i was stepping into the tee box mentioned a tip a pro gave her. no. yep. did it help? it completely ruined my game. well, the truth is, that advice was never meant for you. i like you. you want to show me your swing? it's too soon. get advice that's right for you. investment management services from td ameritrade. all right. one of the biggest tech startups in the world and it doesn't have a heard. uber forced out founder travis kalanick. and now they're searching for the replacement. many are calling on him to replace him with a woman, and the reason we hear the same women's names over and other again is because there are actually so few women at the
very top of tech companies. joining me to talk about that particular issue, women in the tech and start-up is the first female network president in history. she's the ceo of compliments and company. this is why she's here, at springboard where she helps to raise billions of dollars for women led businesses. and so that kind of answers the issue. for a lot of guys you can go, have an idea. make a start-up. and money seems to drop into your lap. >> right. >> it's not that way for women. >> it's not. it's not. and we have been at this for 18 years now. bringing -- identifying women in technology, life sciences and bringing them to the market to raise capital. and our women are doing very well in that category, but the category is still small. last year, 2016, only 5.8% of the entrepreneurs were backed by venture or women. >> why is that?
>> there is a difficult culture for women, raising capital. i think there's still a bias that women are not going to build scalable companies, that they're not going to have the unicorns weavunicornsn our package of portfolios. 674 companies that we broug to market, raised over $7.8 billion, have 15 ipos. we have 170 lick which did things. >> is it a numbers issue oar a cultural issue? we're clearly graduating as many women from colleges, whether it's in engineering or business degrees as we are men. we know their grades are higher than men. why are they not moving up the ranks in silicon valley the way that men are? >> well, silicon valley in particular is a culture, it's dominated by men. it's -- you know, just the culture of it. i think that uber just exemplifies and magnifies the
culture that exists in silicon valley. although there are women successfully raising capital there, it is more friendly for women in the east coast, like boston. a lot of technology companies. i can tell you companies in our basket like zip car that was started by robin chase and irobot by helen griner. joan fallon with the first treatment for autism coming to market next year. in the drug company. people like heather potters who has the needleless injector for vaccines and so forth. starting to come -- >> so your job is to connect these people with sources of funding so they can get as big as these other companies. >> not only that, ali, but we knew are the very beginning when we started this back in the -- when we had our first demo day, in silicon valley in january of
2000, it was a whole culture that we had to build. we have to have not only entrepreneurs and investors, we have to have lawyers. we have to have accountants. we have to have champions with inside organizations. we have a network of over 4,000 experts in fields ranging from biotech devices, diagnostics, health care, i.t., cyber security. fashion tech. we had our fashion tech demo day here last week. technology. these women technology, they're geeks. believe me. they're in ar, ai, i love it. they just happen to like the fashion industry so they're applying it there. they could be in the media business. they could be in the health care business. they could be in the education business. they could be anywhere because technology is everywhere. it's our job to see that they get the right connections at the right time, know the right people and make the right introductions. that's what really gets them the funding that they need and we are determined to get women to parity in this market to raise
capital. i'm tired of women having to raise capital at discount. >> love it. well, you did it in the media work. that was a baroque culture too, so we may be able to level this playing field. great to see you. kay compliments the first female network president in history and she's the chairman and ceo of compliments and company. if you're a woman who's got a business, you need to raise money, look up springboard. we are keeping an eye on the markets this afternoon after the senate health care bill was leased earlier today. look at the etf called xlv it is trading up 1% which is telling given that the market is down 10 points. so the health care sector doing a little bit better on the draft of the health care bill. with only a few minutes to go until the closing bell that's the situation on the markets. i think that's where it's going to end in 30 seconds. we are ten seconds away from the closing bell ringing on wall street which means sadly, that that's it for this hour for me. i'm going to see you back here
tomorrow at 11:00 a.m. with stephanie rule and you can follow me on twitter, facebook, instagram, snapchat. thank you so much for watching. "deadline: white house" with nicolle wallace begins right now. hi, everyone. it's 4:00. donald trump took to twitter today to knock down a political crisis of his own making. acknowledging a couple hours ago that he did not record his conversations with ousted fbi director james comey. here are the tweets from the president. quote, with all of the recently reported electronic surveillance, unmasking and illegal leaking of information i have no idea if there are tapes or recorngs of my conversations with jes comey. but i did not make any and do not have any such recordings. today's admission comes five weeks after he suggested in a tweet of course that he did. back on may 12th, president trump tweeted this. quote, james comey better hope that there are no tapes of our