RIDE.
THANK YOU VERY MUCH, DEIRDRE.
>>> LATEST BETWEEN T-MOBILE AND
SPRINT WHETHER THE TWO WILL GET
TOGETHER, ENTER THE JUSTICE
DEPARTMENT AS A GATE CRASHER
HERE.
CHARLIE GASPARINO WITH MORE
BREAKING NEWS.
>> ANOTHER MESSY SITUATION.
EARLIER THERE WERE REPORTS THAT
THE JUSTICE DEPARTMENT STAFF,
THE STAFF OF THE DOJ ANTITRUST
HAS DECIDED THEY WILL OPPOSE THE
DEAL.
THEY RECOMMENDED A LAWSUIT TO
BLOCK IT.
HERE IS WHAT WE KNOW AS OF NOW.
THAT DOESN'T MEAN IT WILL NOT
CHANGE LATER IN THE DAY, AS OF
NOW, FROM WHAT WE UNDERSTAND,
THAT IS THE STAFF, THE POLICY
GUYS.
THE MAKAN DELRAHIMS OF THE
WORLD, HEAD OF THE ANTITRUST
DIVISION, HIS IMMEDIATE STAFF
MAKES THE DECISION WHETHER TO GO
FORWARD TO BLOCK THE DEAL.
THEY HAVE NOT DECIDED AGAINST
THE DEAL.
HERE IS ONE OTHER THING THAT IS
INTERESTING, WHITE HOUSE
ECONOMIC ADVISORS FROM WHAT WE
UNDERSTAND BELIEVE, THAT MEANS
THE POLICY GUYS, KUDLOWS,
MNUCHINS, THOSE TYPES, THE
WHITE HOUSE ITSELF BELIEVE THERE
IS REALLY NO ANTITRUST CONCERN
HERE ON THIS DEAL MERGING.
THESE TWO COMPANIES, BRINGING,
EVEN THOUGH YOU'RE GOING FROM
FOUR WIRELESS CARRIERS TO THREE
BECAUSE IT WILL BE VERIZON
VERIZON, AT&T AND COMBINED
SPRINT T-MOBILE, POLICY ADVISORS
HAVE A LINE IN WITH MAKAN
DELRAHIM AND HIS STAFF, THEY ARE
ON BOARD.
THEY THINK THE COMBINED COMPANY
WILL BE STRONGER AND COMPETE ON
WIRELESS PRICING BETTER THAN IF
THERE WERE TWO WEAKER COMPANIES.
THEY'RE SOLD ON IT.
I JUST WANT TO MAKE REAL CLEAR
HERE TO EVERYBODY, AS YOU'RE
FOLLOWING THE STORY, SPRINT TOOK
A HIT TODAY, I BELIEVE ON A
REUTERS REPORT, BASICALLY
REGURGITATION WHAT WE KNOW, THE
STAFF HATES THIS DEAL.
THE STAFF IS ESSENTIALLY PART OF
THE DEEP STATE.
NEIL: NOW DOES THE STAFF,
UNANIMOUSLY RULE THIS WAY?
>> THE STAFF MAKE AS
RECOMMENDATION.
NEIL: SO THEY GO, HERE'S OUR
CASE FOR NOT --
>> WE THINK YOU SHOULD KILL THIS
DEAL BECAUSE WE THINK GOING FROM
FOUR TO THREE IS PROBLEMATIC.
NEIL: CAN THEY BE OVERRULED?
>> THEY ARE OFTEN ROVER RULED.
SOMETIMES YOU DON'T HEAR ABOUT
IT.
YOU'RE HEARING ABOUT IT, A
LITTLE OFFICIALLY YOU'RE HEARING
ABOUT IT NOW.
THEY MAY BE WORRIED THAT
DELRAHIM WILL FOLLOW THE ADVICE
OF THE WHITE HOUSE, ESSENTIALLY
APPROVE THE DEAL, NOT CHALLENGE
IT IN COURT.
IT IS NEVER OVER UNTIL IT'S
OVER.
I CAN ONLY GIVE YOU WHAT I KNOW.
THE STAFF HATES IT.
THEY WANT TO KILL IT.
NEIL: HUAWEI, ALL THE OTHER
HEADLINES?
>> THEY'RE DESCRIBED AS THE DEEP
STATE.
THERE IS A LOT OF OBAMA
ADMINISTRATION PEOPLE IN THERE,
BELIEVE IN STRICT INTERPRETATION
OF THE CLAYTON ACT WHICH IS
RULING ACT ON ANTITRUST.
IF YOU LIMIT NUMBER OF PROVIDERS
THAT IN OF ITSELF WILL CREATE A
ANTI-COMPETITIVE ENVIRONMENT.
THE STAFF IS AGAINST IT.
DELRAHIM IS UNDECIDED RIGHT NOW,
OKAY?
HE AND HIS STAFF, FROM WHAT I
UNDERSTAND, AS OF A HALF HOUR
AGO, IT COULD CHANGE IN A HALF
HOUR HAVE NOT MADE UP THEIR
MIND.
CAN TELL YOU THE WHITE HOUSE
ITSELF FROM THE ECONOMIC AND
NATIONAL SECURITY STANDPOINT,
NOT JUST ECONOMIC BUT NATIONAL
SECURITY --
NEIL: WHO APPOINTED DELRAHIM TO
HIS JOB?
>> PRESIDENT TRUMP.
I'M TELLING YOU, IF HE GOES
AGAINST THIS DEAL, LET'S SAY HE
AGREES WITH THE STAFF, HE WILL
BE OPPOSING DONALD TRUMP, EVERY
ECONOMIC ADVISOR IN THE
WHITE HOUSE, EVERY REPUBLICAN
WHO BELIEVES IN YOU KNOW, WHO
BELIEVES THAT THIS IS PART OF
THE FREE MARKET YOU KNOW.
NEIL: RIGHT.
>> HIS BUDDY AT THE FCC AJIT PAI
WHO JUST APPROVED IT BASED ON
CONDITIONS, SEEMS LIKE, I'M NOT
SAYING HE IS GOING TO APPROVE
IT, I'M NOT SAYING HE IS NOT
GOING TO LISTEN TO HIS STAFF BUT
I'M SAYING --
NEIL: LOOKS LIKE TOOK WIND OUT
OF THE SALES OF THE STOCK.
>> WE SHOULD PUT AN INTRADAY.
IT IS OFF A LITTLE BIT OFF ITS
LOWS, BASED ON WHAT I WAS
REPORTING.
YOU'RE RIGHT, IT TOOK A HUGE, A
LOT OUT OF IT.
A LITTLE BIT OFF ITS LOWS BUT
YEAH, ON THESE REPORTS ABOUT THE
STAFF BUT I'M TELLING YOU THERE
IS A FEELING INSIDE OF THE TRUMP
WHITE HOUSE THAT WE NEED ONE
COMPANY HERE, THAT STRONG, TO
COMPETE AGAINST THE OTHER TWO
AND OF COURSE, YOU WERE JUST
TALKING ABOUT --
NEIL: YOU MIGHT BE DOWN TO THREE
REGARDLESS.
>> SPRINT MIGHT GO OUT OF
BUSINESS.
THAT IS ANOTHER THING.
NEIL: RIGHT.
>> I WANT TO MAKE IT CLEAR HERE,
ONE OF THE THINGS THE
WHITE HOUSE IS WORRIED ABOUT IS
5G.
DEIRDRE SAID ABOUT QUALCOMM.
THEY'RE WORRIED ABOUT IT HERE.
THIS COMPANY WILL BE ON THE
FOREFRONT OF 5G.
IF YOU ARE WORRIED ABOUT THE
CHINESE -- SPRINT WILL NOT MAKE
IT ON THE 5G, IN THE 5G
COMPETITION BY ITSELF.
T-MOBILE IS BETTER COMPANY BUT
HAVE Ard HEAR TIME.
SPRINT HAS SPECTRUM THAT, THAT,
EXCUSE ME, SPRINT HAS SPECTRUM
THAT T-MOBILE COULD UTILIZE IN A
COMBINED COMPANY.
THIS MAKES SENSE FOR --
NEIL: WHAT ABOUT OTHER MERGERS
IN THE INDUSTRY HAVE BEEN
APPROVED, ALBEIT WITH COUNTERS
AND ALL THAT.
>> THEY MAY JUST GET MORE
CONCESSIONS OUT OF THIS, NEIL
BUT I'M TELLING YOU AT THAT I'M
NOT SAYING THEY WILL APPROVE IT.
I DON'T KNOW WHAT IS IN MAKAN
DELRAHIM'S MIND.
IT IS HIS DECISION.
HE MAY MAKE UP HIS MIND IN HALF
AN HOUR OR A DAY.
THE STAFF MAY BE AGAINST IT BUT
IT IS HIS DECISION AND BY THE
WAY THE WHITE HOUSE WANTS THIS
DEAL DONE.
NEIL: YOU MENTIONED THE
WHITE HOUSE, I WANT TO GET A
POLL ON "QUNNIPIAC POLL" OUT.
71% OF AMERICANS THINK THE
ECONOMY DOING WELL.
>> RIGHT.
NEIL: THEY ARE NOT GIVING
PRESIDENT THE CREDIT.
>> HE HAS NEVER GOTTEN THE
CREDIT.
I THINK WHAT IT WILL COME DOWN
TO, YOU SAW IT DURING THE LAST
ELECTION, WHEN HE HAS HIS,
WHETHER IT'S BIDEN OR KAMALA
HARRIS OR WHOEVER, TWO OF THEM,
THE AMERICAN PEOPLE WILL MAKE UP
THEIR MIND, IS IT WORTH GETTING
RID OF DONALD TRUMP FOR THIS?
AND IF IT IS BERNIE SANDERS, IS
IT WORTH GETTING RID OF DONALD
TRUMP FOR SOME GUY THAT WILL
TAKE THE COUNTRY RADICALLY TO
THE LEFT WHEN THE ECONOMY IS
GOING AT 3%?
THE AMERICAN PEOPLE --
NEIL: YOU DON'T THINK WE'RE
THERE, EVEN THOUGH THIS COMES IN
THE FACE OF A VERY STRONG
ECONOMY FOR WHICH THE PRESIDENT
NORMALLY WOULD GET CREDIT JUST
AS WE DISPROPORTIONALLY BLAME
HIM WHEN THINGS ARE BAD, HE IS
NOT -- EVEN IN SOME BATTLE
GROUND STATES HE WON, HE IS NOT
TRAILING.
>> HE IS TRAILING.
NEIL: SOME ARE DOING EXTREMELY
WELL, RECORD LOW UNEMPLOYMENT IN
PENNSYLVANIA.
>> HE IS TRAILING THERE.
NEIL: DOESN'T MAKE SENSE.
>> BUT I KNOW.
IT COMES DOWN TO PERSONALITY
CONTEST.
ONE OTHER THING, NEIL, IS THERE
ANY, PEOPLE WHO WATCH FOX LOVE
DONALD TRUMP, TRUST ME.
IT IS MY FAMILY IN QUEENS, I GET
IT.
NOT EVERYBODY LOVES HIM.
AS A MATTER OF FACT MOST PEOPLE
DON'T LIKE HIM.
THEY DON'T LIKE HIS ANTICS.
DOESN'T MEAN THEY WON'T VOTE FOR
HIM COMPARED TO THE ALTERNATIVE.
HE SUFFERS FROM THAT DISLIKE
BECAUSE OF THE TWITTER STUFF AND
SOME HARSH COMMENTARY AND
BECAUSE OF HIS ANTICS.
HE SUFFERS WITH THEM.
THAT DOESN'T MEAN HE IS NOT
DOING A DECENT JOB ON THE
ECONOMY.
SOMETIMES YOU JUST VOTE THE
ECONOMY, YOU KNOW WHAT I'M
SAYING?
PARTICULARLY WHEN IT COMES DOWN
TO BERNIE SANDERS?
I TELL YOU THIS, I'M PLUGGED IN
WITH A LOT OF PEOPLE IN THE
BIDEN CAMPAIGN, THEY THINK IF
ANY OF THESE OTHER GUYS GET IN
THERE, IT IS NOT HIM, IT IS
OVER.
HE IS ONLY ONE HE CAN WIN, EASY,