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tv   MSNBC Live With Stephanie Ruhle  MSNBC  February 27, 2018 6:00am-7:00am PST

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hi there, i'm stephanie ruhle. this morning, background, checks and balances. congress gets back to work with a debate, a much needed debate, about guns, and that is taking center stage. >> the problem with gun violence in this country is too immediate for another delay, too severe for half measures. >> as first responders come under fire for inaction, the president, our president, says he personally could have done a better job. >> you don't know until you test it, but i think i -- i really believe, even if i didn't have a weapon -- >> entering the inner circle. white house communications director and trump confidant hope hicks heads to the hill for a closed door meeting with the house intel committee. here's a question, is this woman going to talk? >> anyone else comes in and they improperly claim executive privilege, we're prepared to go to court and insist on getting
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answers. >> we begin today in washington, where there has been little sign, are you hearing me, little sign that lawmakers are willing to break the decades long pattern of doing nothing when it comes to gun control. even the least controversial ideas might not be able to get through congress including at least one that has the support of the public, the president and the nra. if that were true, well, then, you would think it would get through, which makes me think it's not. i have a great team. starting with nbc's kacie hunt, on the hill. let's start with a bill that seems to have the best chance of going somewhere, the one that's supposed to fix nics. can this bill pass? >> it has overwhelming support, bipartisan co-sponsors, mitch mcconnell, chris murphy, all on this bill. and it was something that had been kind of sitting on the
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sidelines, frankly, while they added support to it. it came up in the wake of the sunderland springs shooting. then we saw the tragic shooting in parkland. that became the focus of discussion. and what's happened since then is that democrats are now arguing that, look, this can't be the entirety of our debate about guns. this bill doesn't go far enough. so chuck schumer went on the senate floor and suggested that he wouldn't allow it to move to the floor because it really doesn't capture or wouldn't have fixed what went wrong in parkland. he urged a broader debate about other types of gun legislation that might -- that many of these students are advocating for. things like raising the age to buy an ar-15, potentially banning assault weapons, those kinds of things. conservatives are also concerned about this fixed nics bill, primarily the senate libertarians in the senate and rand paul who essentially say that it violates people's rights. what would this bill do?
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it would take data that already exists in many federal agencies like, for example, in the sunderland springs case, the air force. if the air force had sent its records properly to the nics database, it's likely the shooter in that instance would not have been able to buy a gun. there was a record there that showed he should not have been eligible. the problem was the air force wasn't talking to the system. that's what this bill is supposed to do. it's supposed to take existing current information and rules and make sure that the database has access to it. but of course even that is controversial. it already passed the house, but it only did so because they also attached to it what's called concealed carry reciprocity. if i have a concealed carry permit in virginia i can walk across the state line to maryland and not get in trouble even if i would not be allowed to carry a concealed weapon in maryland. that was something conservatives demanded of the house speaker when this fix nics bill was put on the floor.
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and it's something that has been a hang-up in the senate as well. so conservatives are potentially going to have to get on board with that, stef. >> well, there's a lot that has to be done. or one could say it's pretty simple, do something. now, let's go to the white house where the president is not really talking about fighting his fellow republicans on this, but he is talking about fighting the nra. let's bring in kristen welker. kristen, let's just get this straight, president trump is putting it out there that he's willing to fight the nra, but he also says he's their biggest fan. and while he had that listening tour, remember, where he said i'm here, the next day he was practically reciting nra talking points at cpac. >> that's right. the president and the head of the nra wayne la pierre, both
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using that language. now, it comes as the president is pushing for a policy that is one that the nra opposes, one that would increase age limit, the age limit, i should say, on buying assault-style weapons, like the ar-15, the weapon used in the parkland shooting. the nra is clear they oppose that type of legislation, but the president yesterday while he was meeting with those governors indicating he's not afraid to take them on. take a listen to what he had to say. >> don't worry about the nra, they're on our side. there's nothing to be afraid of. you know what, if they're not with you, we have to fight them every once in a while. that's okay. >> so that's what the president's say. a senior administration official, stef, tells me behind the scenes, look, the president does support increasing the age limit. at the same time, he's realistic about where the votes are and the votes are with that
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legislation kacie was just talking about. potentially if they could even get anything done on that bill that would strengthen background checks. the president continues to push that very controversial plan, which would arm some highly trained teachers. in talking to some of those who are in the room yesterday during that meeting of the governors, i can tell you there was strong opposition to that. there's also a sense that when it comes to some of these stiffer laws to deal with gun safety measures, that is something that might have a better chance at the state level, stef, then at the federal level. >> at the state level. i just want to bring up -- i want to remind our viewers if we have teachers watching, i invite any teacher who believes it's a good idea to carry a concealed weapon in school, i'd love to have the conversation. i know we're now up to 255 heads of schools who have signed a letter saying please do something. every teacher says no, i want to
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educate. if i wanted to carry a gun, i would have gone into law enforcement. shannon petty. piece, from bloomberg news. a.b. stoddard, real clear politics. and brendan greely, editor, all we know so far. shannon, to you first, do you believe president trump is really looking to go to war with the nra? let's say they raised the age limit on assault rifles. in a way that should be a positive to the nra. that's basically saying we're comfortable with ar-15s. what the nra wouldn't be comfortable with is banning them. >> i see so many parallels between what's happening now and what's happening with immigration. an hour-long televised -- >> unfortunately nothing happened. >> -- where the president seemed to be moving towards the center, seemed to be open to a lot of ideas. seemed to put things on the table that democrats liked. then all of a sudden the opposite side gets to him. he has a meeting with wayne la
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pierre on sunday. monday, he comes out with a different version. but even this idea of saying don't worry about the nr an, we'll take them on. i remember in the immigration meeting with senators saying, you know, i'll take the heat for you. don't worry, i'll take the heat. then the heat started to come and all of a sudden he wasn't so interested in bipartisan ideas anymore. i see a lot of parallels between that. i do not foresee a big battle between the president and the nra at this point. i think maybe he's trying to, you know, to look like he's willing to put up a fight and trying to encourage the people at the state level to do something and say maybe he'll take a little heat off of things for them. but the white house has given no clear indication to congress about what legislation they're willing to go to the mat for, what issues they're really going to fight for. >> that's really a good point. a.b., a week ago, i spoke to people inside the white house who said this is a moment for the president to really gain bipartisan support to do something here, and then the president retreats. i want to share what he said about the nra on monday.
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because, again, he continues to make it a point to say these are really great guys, they're with us. it's unclear to me who us is. remember, he said charlottesville, really great guys. nra, really great guys. professional athletes, sons of bitches. developing countries, we know what he said about them. take a listen. >> i had lunch with wayne la pierre of the nra. i said, fellas, we got to do something. there's no bigger fan of the second amendment than me. they want to do something. they're going to do something. and they're going to do it i think quickly. i think they want to see it. don't worry about the nra. they're on our side. half of you are so afraid of the nra. if they're not with you, we have to fight them once in a while. that's okay. sometimes we're going to have to be very tough and we're going to have to fight them. >> when he says on our side, we know the nra has been on his side and helped him get elected. we know if robert mueller comes
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out with findings that aren't good for the president, that nra far right universe, some people smear robert mueller and not believe those findings. is that what is driving the president here? >> no, i think what's driving president trump is he likes to meet the moment and he's a salesman. he really wants to show that he is trying to acknowledge and act on all the anguish and all the anger as a result of this shooting and cumulative effect of all of these mass shootings. but he's -- and so he says this is remarkable that he said this about the nra. he's never spoken about the nra this way. whether or not he's going to follow through is the big crux of the question. they will not go out on a limb without him. they don't know what his definition of comprehensive background checks means. they don't know where he's going with this. it is a lot like the immigration thing where it's a bill of love one minute and the next minute he's shutting things down saying democrats are trying to stop this.
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this really comes down to republicans getting through their primary season, fear of being challenged from the right. it's not on the nra and the nra's money, it's intimidation. it comes from the gun owners of america. it's a lot of pressure on the right for republicans. until they see president trump actually not just speaking about this before cameras, before governors, but really pushing the nra and pushing back, they're not going to walk one foot with him, because there -- it's far too politically perilous for them. >> you know from the markets, people no longer listen to president trump's rhetoric. they listen to what he actually follows through with. but as far as being intimidated, why is it -- talk to me about the power of the nra in terms of primary vote. when we talked so much about this movement, this tipping point, the youth. just last night i saw people saying these kids from parkland high school have more instagram followers than the nra does. instagram followers mean nothing. votes do.
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>> i think that's something we ignore at our peril. i think a.b.'s right about this. the nra's power is not about donations. when we look at the -- >> they don't want instagram followers. >> when you look at the organizations that donate to politicians, they're actually not that high up on the list, right, they're not top ten but they're not in the top three. >> but they have single issue voters. >> i think politicians on both sides in washington realize that for the first time on this issue, they're chasie ining cul. the culture is shifting and they're trying to figure out where. you know, i don't own any guns. i haven't shot a gun since i was a boy scout. it's just not a part of my identity. for people who own guns, it's part of their identity. i don't have a not gun owner identity. i think that's starting to shift. i think it's interesting that he's looking at that manchin/toomey bill and he's having second thoughts, where's the culture, and how can i chase it. >> okay, but are there too many bills? in terms of muddying the water
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and sensible gun control activists, shannon, you got six bills out there. the one thing the nra has on their side is they say, we want you to have all your guns, don't tread on me, i like the second amendment. on the other side, there are so many passionate and strong gun control groups who are raising money who are getting their voice out there, but they don't have one single ask. do they need to get an ask together and push that forward? because it's confusing. >> absolutely. i think we've seen movements like the struggle in the past where everyone cannot get together around one solution where you have 20 people with 20 different solutions and they can't rally together around one simple message and one simple target. to brendan's point about the nra, politicians don't know exactly where these -- this andy gun movement is going. where these students and what -- the movement they're leading is going. they don't know how that's going to play out.
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but they do know that the nra is there year after year after year, hammering away, chipping away, turning out their base. they do know that. they can count on that. maybe the lesson in 2018 there is this movement. but right now the certainty is the nra will be there. >> they do know that. a.b., you've studied this for years and years. do you, though, view this as a tipping point? when i watched these young people stand up, they cannot be bought, they cannot be intimidated, they certainly know how to use social media, and while they might be 16 years old, they'll be 18 soon and they'll be able to vote for decades and decades. >> it's exactly the two words you said, the three words, single issue voter. until and unless republicans who are facing head winds in this midterm election already see, i think this will be some time in the summer, polling that shows this is truly fagalvanizing legislation that imperils them on top of the pre-existing head
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winds they're facing. with the swing districts they need to maintain to hold their majority in the house and defend the senate. if that -- if at that point they see that, because it's never been an appreciable number. people vote on life. people vote on gun rights. they don't vote on this issue alone in measurable numbers. >> democrats have to get keep it simple stupid -- >> if this becomes an issue, they will budge, but not until then. >> i see a parallel with tax legislation. republicans know exactly what they want. they've been broadcasting it for 20 years, exactly what they want. i don't know what democrats want on this. i didn't know what they wanted on the tax bill. i don't know what they want on this. the nr a, it's working at the state level. they're going state by state by state with their next asks. i don't know what the next ask is for anti-gun legislations. >> you could laugh at the way republicans do it and say it's thug life but that keep it simple, it actually works. any minute now, one of president
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trump's closest advisers hope hicks will arrive on capitol hill to appear before the house intel committee, but will she see -- will she answer any of the questions or is she going to try to claim executive privilege? before we go, president trump, he says he wants to arm teachers, because they care for the kids and will do whatever it takes to protect them. if that's the case, trevor noah, he might have found the perfect person for the job. >> so what we need is someone who loves high school kids and knows their way around guns. wait a second. i know just the guy. yes. what? the dude needs a job! oh, that's lovely... so graceful. the corkscrew spin, flawless... ...his signature move, the flying dutchman. poetry in motion.
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welcome back. i'm stephanie ruhle. one of president trump's longest serving aides is just minutes away from a big day. she's appearing before the house intelligence committee. hick suspected to arrive on capitol hill any moment. she will be hopefully answering questions behind closed doors. at the same time, pressure is clearly intensifying on former trump campaign manager paul manafort. he's set to be aryaned again in federal court. get this, two more times this week, including tomorrow in washington, d.c. and friday in virginia. at this point, he faces dozens of felony charges in both
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jurisdictions. reminding me of what anthony scarmucci once said to me, president trump, great judge of character, picks the best people. joining me, managing director of beacon global strategists michael allen who specializes in intelligence and cybersecurity. okay, michael, let's go to hope hicks first. how key is her testimony? and based on what you know, how real is it she's actually going to give any? >> i think her testimony is very critical. because she has a window into this air force one trip in which the president supposedly, allegedly, dictated the response with regard to the infamous june 6th meeting in trump tower. so i think she has a role there to testify to. i think she's going to claim executive privilege here. i think she knows that there is an arguable case that the president deserves some confidential advice. i think she will make the calculation that the house will
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not enforce the contempt citation. so i think she'll go there on executive privilege. >> and adam schiff is saying we're going to take you to court if that's the case. can hope hicks claim that she simply didn't know better? if she did take a statement from the president, was untrue, that was untrue, and then put it out to the general public, can hope hicks fame ignorance like we've heard so often, the campaign was new to us? i mean, hope hicks was working for a pr firm representing ivan ivanka's shoe brand 3 1/2 years ago. i had conversations with her 3 1/2 years ago about ivanka's shoes. >> right, i don't think ignorance of the law is a defense in this case. i think if she knowingly made it clear to the public a lie that she is going to get held to account for that, and i think this goes to the obstruction of justice case.
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to me, the bigger question is what's trump going to do. is trump going to testify? they're putting out signals on other broadcasts they're going to claim that the president doesn't have to testify and that there's circuit court opinions that support that. this is a precursor to the big fight that's coming. that's whether trump is going to appear before the special counsel. >> all right, before that fight, there's a few rounds, paul manafort set to be arraigned in federal court again tomorrow and friday. at this point, he's got dozens of felony charges. there's concerns that maybe even his daughter is wrapped up in this. what is robert mueller's strategy here? >> i think he definitely is seeking to check mate and knock manafort out of the fight. if i were manafort, i would either campaign for a pardon or cut a deal. i think they're trying to put maximum pressure on him to see whether he has anything to offer about president trump. he would be another critical
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brick in the wall because he inevitably will have information about the june 6th meeting and any other information we may not know today about collusion. >> okay, walk me through all the work robert mueller is doing might not result in anything if people don't care or believe it. a new "usa today" poll says 50% -- 58% of americans have a lot or some trust in special counsel mueller's investigation. at the same time, 57% say they have little or no trust in president trump's denials of collusion with russia. what does all this tell you? because president trump, no matter how many people are indicted, continues to say this is a hoax, this is a ruse created by the democrats. >> stephanie, i think the president here took a page out of bill clinton's playbook. part of what their strategy was during the monica lewinsky controversial was to discredit
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the special counsel, to say he was on a partisan witch-hunt. it's harder, by the way, i think to discredit a marine and a vietnam veteraned an a patriot like bob mueller. but they are seeking to do that. they are trying to do that. i think the poll reflects a general confusion that hey, you know what, we can't follow all these details like you people in washington so we're not paying attention and we're just going to say pox on both your housings. >> okay, so they're not paying attention, but what if robert mueller does find that the president -- does find wrongdoing? then what? thus far, we've seen few republicans step out against the president, especially since tax reform went through. >> no, i think you're right. i think the republicans are looking towards their primaries. they know that trump is still very powerful. what every member of congress wants is to get re-elected. if they think they're going to be primaried from the right or
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the populist side of the party, i don't think they're inclined to speak out. >> i know a republican not looking to get re-elected. charlie dent. i'll be talking to him later in the show and i will definitely ask him about it. up next, two gun bills currently making their way through the house but does anything have a chance of making it to the president's desk? republican congressman charlie dent joins me next. first, i love this one, tributes pour in for the victims in the park land shooting. yesterday, nba star and a favorite of mine dwyane wade tweeted this. this is joaquin oliver, one of the 17 young lives lost tragically at douglas high school in parkland. joaquin was one of the many that i heard was excited about my return to miami and yesterday was buried in my jersey. this is why we will not shut up and dribble. remember, joaquin, known by his friend as joaq, they held some basketball games in his honor.
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some of their teammates are playing much better. they feel like his spirit is running through them as they hit three pointers. thanks man. imagine if the things you bought every day... earned you miles to get to the places you really want to go. with the united mileageplus explorer card, you'll get a free checked bag. two united club passes. priority boarding. and earn fifty thousand bonus miles after you spend three thousand dollars on purchases in the first three months from account opening plus, zero-dollar intro annual fee for the first year, then ninety-five dollars. learn more at
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primer. everything you need to know to start your day. we begin in syria where russian forces ordered a humanitarian pause, allowing civilians to lead the rebel-held area of damascus. by the end of the pause, not a single resident had evacuated. worried it was a ploy to stage a full-ground assault. and please pay attention to this. it matters. teachers across the entire state of west virginia are on strike for a fourth day protesting their pay. the average salary for the state's teachers ranking among the lowest in the country. and first lady melania trump has parted ways with a friend and senior adviser after her business apparently got millions, $26 million, for planning president trump's inauguration. the contract with the person was terminated after it became public that she earned a salary that big, $26 million. here's my question, is she going to be giving the $26 million back? i don't think so. at least five people killed
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following heavy rain and tornadoes in the midwest. it's not over yet. new storms are expected to hit the area later this week. and comcast, the parent company of msnbc and nbc universal, has spent $31 billion for sky, europe's largest pay tv group. it pits them against murdoch's 21st century fox for control of sky. now back to gun control. gun control legislation is headed to the hill in the wake of the mass shooting at stoneman douglas high school in florida. two billsters are works in the house. one of them would expand background checks. the other one would ban assault weapons. joining me now is republican congressman charlie dent of the great state of pennsylvania. all right, congressman, walk us through this. would you support the bills to expand back ground checks and ban assault weapons? i know you supported a bill to ban bump stocks after the las vegas shooting. >> well, stephanie, first, what i would say on firearms, yes, we should ban the bump stock. we should expand back ground
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checks to include all sales of firearms, there's also a bill dealing with what we call nics fix, that would require all federal and state agencies to make sure they transmit the appropriate data to the instant check system. i would certainly support that. i certainly also support raising the age to buy high-powered rifles from 18 to 21, to make that consistent and conform with pistols. those are the things i would support in the near term. also a fix too on the terror watch list proposal susan collins put out a couple years ago, to provide some due process rights as well to make sure people on the no fly list don't have access to firearms, particularly those who might be u.s. persons, to make sure they wouldn't be able to access those firearms. >> those are your position. do you see speaker ryan allowing any gun control legislation to be brought to the floor for a vote? because republicans, you do have the control. >> right.
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stephanie, look, i do think we need to address this issue head on. i felt that way after sandy hook, we should have taken on the toomey/manchin bill -- >> does paul ryan agree? >> i don't know. look that bill didn't pass out of the senate. but i do think we can pass some of these what i would call commonsense gun safety measures. stephanie, i think we have to take a step back. the ability for the u.s. congress to take on difficult controversial issues in a bipartisan and incremental way has diminished a great deal. just look what happened on the so-called dreamer bill, daca, you know, tied to border security. that's probably over an 80% issue, close to 90%. we couldn't even get that bill out of the senate. that's really unfortunate. so to take on issues where there's agreement it seems on these controversial matters, we still can't get traction, so that's why i think -- >> but charlie, republican,
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you've got control. when you wanted to get tax reform through, you got it through. the concern is, even though it's this tipping point and you see all these young people stepping out and standing up, how much control does single issue nra voters have? we talk about commonsense gun control. wouldn't you think common sense would be the override factor here? >> well, again, just to go back to tax reform, we only needed simple majority in the senate but virtually everything else on these gun safety measures that would require a 60-vote threshold. i agree. i share that frustration. i can't understand why we can't simply do background checks for private sales and purchases. back when i first got into politic, when tom ridge was governor, 1995, we passed enhanced background checks for all private sales of pistols. at that time, we were able to bring together the nra, gun control groups and law enforcement. we got them in a room. they all agreed. they all agreed.
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it seems like we don't have capacity to bring these people together anymore to reach consensus. you look at what's happening on the gun rights side. you have the nra and you have this ultraextreme group, the gun owners of america, out there that, you know, they see the nra trying to engage in some kind of negotiation, accused of being sellouts and capitulators and they poach members. all these politics going on outside in these groups. i think that's what has changed. the nra supported, again, background checks or private sales of pistols in pennsylvania back in the '90s but, you know, today they're hesitant to talk about extending, you know, background checks to private sales of firearms. so i can't understand why that is. >> i guess the head scratcher is one would think keeping schools safe would supersede politics. i got to ask you about this. the republican national committee. you've never the rnc for decades and decades. cnbc reported last week the rnc has been paying keith schiller, president trump's former bodyguard for years and years 15
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grand a month for consulting. the rnc is forking over 37 grand a month to pay rent in trump tower. and we know they're paying vice president mike pence's nephew 12 grand a month. you know the rnc. you know the rnc donors. i understand that president trump is our president. why are longtime republican donors down with this? >> well, i'll tell you, the rnc is raising record amounts of cash. they are. i'll tell you, i'm not so crazy about using, you know, campaign dollars, i should say rnc dollars, for all these things you just identified. i can't explain that. that has to be taken up with the rnc. i like to see the rnc dollars focused exclusively or largely on supporting candidates. >> why do you think they're okay with it? because you know the rnc so well. even if they're raising loadings of dollars and, listen, that tax cut has helped rich people so
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much, they might be happy to write checks all day long. even if i had a zillion dollars, i would care where my money goes to. why would they care they're paying keith schiller and mike pence's nephew? that just stinks. >> i'm not familiar with the mike pence nephew issue you just mentioned. security from time to time, i can't speak to that. i would argue the rnc and political entities, you keep your overhead costs down to a minimum and you use your dollars for -- in support of candidates and direct spending. that's where the focus should be. i'm going to take a closer look at that. i am not completely familiar with all the issues where the rnc is spending these dollars, you know, for the rent up at trump tower or for, you know, mr. schiller. but again, the focus has to be -- i want to see the bottom line. how much money is going out to directly support candidates. that's my threshold. as long as that's a reasonable number, i'll be okay. >> if the goal is to keep overhead low, you might want to
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look at the rnc employees who are staying in big old suites at the mar a lago. up next, as congress debates gun control legislation, could investors on wall street be the ones to enact change on guns? they talk a big game, but we're going to find out how are they actually going to do it.
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politics. if you've got a pension, a 401k, an investment, you could own shares of gun manufacturing companies. the more guns they sell, you as a shareholder make money. now the school shooting has prompted major pension funds and institutions to look into how much they are invested in gunmakers. look into, that's the important part. cnbc's brian sullivan joins me now and brendan greely back with us. brian, it's not as simple as investors purposefully buying stocks in gun manufacturing companies. walk us through how this works. >> it's not as simple. here's the reality, if you're a gun stock, smith and wesson or vista outdoors, they get put into indexes. then those indexes are turned into index funds or exchange traded funds. in other words, instead of buying a stock, you buy this index fund. i'm trying to keep it simple. here's what happens though. a lot of pension funds will say we're not going to pick stock, we're going to buy etfs because
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they're low cost and easy and everything. the problem is when you do that, you're buy everything in that etf. so maybe inadvertently the teachers retirement systems of texas of new york, of florida, retirement systems in pretty much every state, own a gun stock. they may not have chosen to own it, stephanie, but they own it in directly. we're talking trillions of dollars of total assets. even if you don't think you own a gun stock if you own an index fund, you probably do. >> we actually saw investors after sandy hook like pension funds in california take action. but blauk hawk has gotten vocal. they're one of the largest shareholders of gunmakers. a spokesman said in an e-mail instead of selling shares of any company, quote, we focus on engaging with the company and understanding how they're responding to society's expectations of them. if that's not lawyer talk, i don't know what is.
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talks a very big game. he wants companies to be socially conscience, but how does that work? what is the fiduciary responsibility? what does do the right thing mean to your investors? >> i think we're going to find out what do the right thing means. we know it's not a spike lee movie. the billionaire founder of black rock, he's a good guy, he came out and wrote a letter a couple months ago calling for csr, corporate social responsibility. >> great idea. >> it is a great idea. in fact, black rock and others took the lead on exxon mobil with regard to climate change. i won't call it an activist position but they certainly haven't shied away from some public conflict. they've gone after exxon mobil and said we're a big shareholder. we're going to use that muscle to effect change. now they're talking about having this conversation with the gunmakers. they don't have a fiduciary duty to do anything but, if you are
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calling for social responsibility in capitalism and ownership, then maybe there's not a fiduciary duty but moral responsibility. >> that's a really tricky thing though. the moral responsibility and w fiduciary are very different. we can talk about their need for corporate responsibility and diversity. all three of us have been on analyst calls and investor calls and i've never heard a wall street analyst ask a company, so, do you have any women on your board? how about black people? so this sounds very important, but does it actually impact what they're doing? >> i think we're looking at two things. one is this argument, the few di fiduciary responsibility, which means make sure the investor makes money. there's good evidence from other issues, carbon, for example that investors are willing to take a lower rate of return to invest in something that they morally approve of. so this is a market choice. this isn't sort of -- people are
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saying -- the other thing that's interesting about that is people who perceive that their capital is being used in a morally responsible way are less likely to flee. you get less outflows out of those funds. we're not just talking about a moral obligation. people make moral choices with their money all the time. the other thing, to your point, will this do anything? let's say we all agree as americans we're going to divest in gun companies completely. there's a lot of things that have to happen before that would happen. but gun companies can go private. right? glock is a private company. you can't do anything in the markets to affect their behavior. what i do think is interesting about this, we're seeing culture shift. ten years ago, you did not have executives making these kinds of decisions. again, we go back to chuck schumer. chuck schumer does not make culture. he chases culture. he says, hold on, guys, chuck's coming through. that's happening now with black rock as well. it's a cultural signal that what the nra wants is not inviable. >> we have to ask quickly,
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suberis is one of the biggest hedge fund clients. is any bank, goldman stanley, bank america, talking about stopping doing business with suberis? because their owner basically owns half of the gun manufacturers out there. >> right, through remington arm, which is dangerously close to bankruptcy, so the deal hasn't worked out. to answer your question, no, not that i'm aware of. nobody's picking on blackhawk or larry fink. if you're going to come out and call for csr, corporate social responsibility, in a letter and you're going to use that on exxon mobil, if you care about this issue, then perhaps they're going to have to do something. by the way, you can strip out certain stocks from index funds. they'll charge you a little extra fee, as i'm sure you know. but you can do it. >> i don't think we're calling larry fink out. i think we're encouraging him. first step's a great one. we can't wait for step two. thank you so much. coming up, president trump announces a visit to go see prototypes for his border wall. while the wall is designed to stop people from illegally
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income i'm stf any ruhle. the president plans to go to the border wall next month. he plans to see prototypes to see a border wall. cross border living is the norm for a lot of people. these people spend their daily lives on both sides, in mexico to united states. we talked to one person who commutes every day. >> reporter: this is the biggest land border cross in the entire one. mexico is right there, tee wanna and san diego is on the other side. every day, tens and thousands of vehicles and passenger's side make their way on other side. the realities of living on the border play out here every single day. i just met this young woman, what's your name? >> celia.
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>> reporter: jacob, nice to meet you. you're an american but you live in tee wanna and across over day. >> almost every day for the weekend. >> reporter: for what? >> for school. >> reporter: and why do you live in tee wanna? >> i love there because my mother got deported. >> reporter: so, you want to come into the u.s. every day in order to go to school. >> yeah i was raised here. >> reporter: in the u.s.? >> yeah. >> reporter: do you feel caught in the middle? >> a little bit. >> reporter: what do you think about the president and talking about deportation and the wall? >> i don't really know what everybody's story is but everybody has something. >> reporter: how about your mom? >> i don't know i was a little
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girl wen that happen. >> reporter: thank you very much. that's the reality, you know, on the bored ir, we continue to see this. people computing into the united states from mexico every single day and that's a reality that continues to play out here. back to you. >> you can see more of jacob's journey, along the borderline and get in touch with him if you live on the border. any minute paul ryan expected to hold a news conference after meeting with house republicans. is there any chance of a gun bill reaching the house floor?
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so that's the idea. what do you think? i don't like it. oh. nuh uh. yeah. ahhhhh. mm-mm. oh. yeah. ah. agh. d-d-d... no. hmmm. uh... huh. yeah. uh... huh. in business, there are a lot of ways to say no. thank you so much. thank you. so we're doing it. yes. start saying yes to your company's best ideas. we help all types of businesses with money, tools and know-how to get business done. american express open. to get business done. was a success for lastchoicehotels.comign badda book. badda boom. this year, we're taking it up a notch. so in this commercial we see two travelers at a comfort inn with a glow around them,
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now you can get it, too. welcome to the party. . no matter what there's always good news somewhere. we believe good news rules. kate, a high school senior with down syndrome caught our eye after she scored her first points for her school's basketball team last week. she caught the eye of the harlem globetrotters who sent one of their stars to have a visit with kate. kate and her teammates got to do some tricks and help out with their dunks. the globetrotters gave kate and the whole team tickets to their next game which takes place in philly. that is good news.
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and that wraps us up this hour i'm stephanie ruhle, i'll see you again at 11:00. right now more news with a different superstar, i don't know if she's got at basketball but she's employed at a lot of things. halle jackson. >> terrible at basketball. we are watching what's happening in hour on capitol hill, one of our sources tell msnbc news, drama is likely to what she will or will not say behind closed doors. also on capitol hill, we're expecting to hear from house speaker paul ryan any minute. he'll be at the podium after days of pressure for congress to do something on gun violence. the ball seems to be in the sfaet's court. your status update is next. one day before students at stoneman douglas high school,


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