tv Cavuto Coast to Coast FOX Business April 13, 2021 12:00pm-2:00pm EDT
stuart: there's the proof. yes i zip lined in colorado. are you satisfied, susan li. stuart: producer and i say it is not an action shot but you have a lot of vitality for a person your age. stuart: that is kind word, susan. i appreciate that. my time is up. neil, it is yours. neil: i weren't zip lining once and took down the entire rainforest. bad memories that ask whole another story when we have time, my friend. very cool, very cool. a whole lot of developments occurring at the same time. the dr. fauci will be at the white house briefing. we might dip into that because he said a lot of controversial
issues. even though vaccinated you might cool it on basic givens and indoor dining and the rest. senator rand paul will be here to address all of that. we have also got mitch daniels the president of purdue university. what is he going to do? while other colleges like notre dame, a whole lot of others making sure their students are vaccinated before they can return to classes this fall. we have the retired american express ceo who is very, very worried about corporations, more to the point, corporations and ceos that take matters into their own hands without checking into therapy boards on social policies. are they going too far again with the best of intentions, but are they going too far? everything seems to be hanging on this problem that develops for johnson & johnson, some a limited number of clotting issues have come up with their vaccine that has prompted them to cool it right now and wait, getting to the bottom of this, but it is already slowing the
rollout that was planned and extensive rollout in europe. keep in mind we have better than 6.8 millions of these vaccines. the johnson & johnson vaccine alone is one available in the united states. the stock is taking it on the chin. not nearly as badly as it was this morning. let's go to jackie deangelis following all of this. reporter: good afternoon, neil. j&j responding to the fda and cdc decision responding to this the safety and well being of people that use our products is our number one priority. the united states centers for disease control are reporting 6 u.s. cases out of 6.8 million doses administered. out an abundance of caution the cdc and the fda recommended a pause in the use of our vaccine. j&j is suspending the european rollout of the vaccine because of this as you mentioned. causing the pause is six cases all women between the ages of 18
and 48 here in the united states experiencing complications including rare blood clots. one woman died. another is hospitalized and in critical condition. right now the key is linking the cases directly to the vaccine. the paws pause by some time to study cases and make a more complete determination. the cdc will hold a emergency meeting of its outside advisory on this on wednesday. it is important to remember a pause at the federal level is not a mandate for states to pause. it will be up to them but it is a strong recommendation. listen. >> this is a recommendation and it's not a mandate. we're recommending a pause out of an abundance of caution but on an individual basis, a provider and patient can make a determination whether or not to receive the vaccine. reporter: of course as a country we are at a critical point in distribution. most vaccines administered in this country are pfizer, moderna, the two-shot vaccines
but the j&j was important because the administration wanted to meet the vaccination goals. the j&j shot. one shot, easier in that regard. it doesn't need to be stored in same temperatures as others so it is easier to distribute, neil. neil: all right. jackie deangelis, thank you very much. i want to go to my friend bob la him at the st. joseph's institute of health. six people developed them out of nearly seven million who have gotten the vaccine. is that a overreaction how would you describe it? >> it is one in a million, neil, and that is very, very rare. we saw this with the astrazeneca vaccine in europe as well. this is an autoimmune finding. remember these vaccines are viral vector vaccines which means it is uses a virus fairly
innocuous to carry the antigen or foreign virus particles into your body. apparently the clues here, are women really develop this more than men and secondly, that there appears to be a substance on the platelet, the platelet is involved in clotting of your blood, a substance own your platelet which an antibody develops and the antibody causes the loss of those platelets inducing clotting. because it also attacks clotting lipids and that is what they're called and removes and lowers the platelets causing the blood complots to form. that is very, very rare. analogous to what we call heparin induced low platelet syndrome, we advise heparin a blood thinner not being used to treat these patients this is being explored, neil. neil: what would you use out of very, very rare, one out after
million experienced this, what would you do to treat their clots? >> the natural tendency for most doctors to put the patient on a blood thinner like heparin but there are other agents we can use to thin the blood. heparin is not the only thing. we get away from molecular weight heparin or low dose heparin or a synthetic compound that doesn't cause the same problem, doesn't cause the problem of removing the platelets, causing the clotting. this is a big issue, working out now. neil: yeah. you know, doctor, obviously some will hear this, many leery of vaccines all together, and say this is yet another reason why i shouldn't, i shouldn't take it. what do you tell them? >> yeah. i'm saying that this is exceedingly rare and that there's a 99.9% chance that nothing will happen after you get the j&j shot. the j&j vaccine is very, very safe but i understand people's
reluctance. i'm hearing already from patients who are sending me texts i don't want to get the vaccine now. i heard that there is side-effects, et cetera. my comment, don't worry about it. it is a one in a million deal. of course, neil, people are concerned. they don't want to be the one in a million. neil: are you worried about some of the spikes in cases that we've seen in michigan that prompted essentially a two-week government shutdown, not quite a lockdown but close to a shutdown with indoor dining, outdoor sports, that sort of thing, and then the spikes in cases not nearly as onerous going on in colorado, some other states, popping up, different strains, whatever you want to call it across the country. what is going on here? >> well, we've got the british strain. the british strain is the b-117. that has certainly taken over the country. the vaccines we know it, both adaptive and cellular immunity are very, very protective
against most of these mutants including the south african and the brazilian strain. maybe not as much as the brittish strain. i said periodically to you and others. that is what viruses do they like to mutate. the flu virus mutates every year into something different. so we're really going to be watching this very carefully but i would tell people, have no fear about the variants. i think they're overreacted. i think there is too much hype. people should just get the vaccine and be done with it. neil: thank you, dr. bob lahida, on the implications of that we're waiting to hear at the white house briefing today from among others dr. anthony fauci who has been pretty consistently urging caution, not getting ahead of our syringes so to speak here. senator rand pauling joins us right now. senator, what do you want to hear of from dr. fauci, you've
been a critic of his cautious approach. what do you want to hear from him? >> i would like him to obey the science coming from hims own institute. a couple weeks ago his own institute published a study said if you had the infection naturally you do have immunity to the various variants. the same with the vaccines. the cdc also has now released a week or two ago, if you've been vaccinated you will not be a carrier, you will not transmit it to other people. instead dr. fauci comes out with statements oh, even though you've been vaccinated you need to stay in joe biden's basement. you can't go to a restaurant, you can't go out. that is kind of ridiculous. it is against the science and it is actually discouraging people. people want a reward, rewards work and your reward if you get the vaccine you can live your life again, you're not going to get it or transmit it to people. the likelihood is very, very small. the risk is such that you could probably go back to living a normal life. if he says the risk is going to
zero, no risk is zero. so he needs to quit dictating to the entire world how to live and let us make our own decisions. neil: he has urged even those who have been vaccinated, senator, don't exactly go back fully to normal. go to indoor dining. just saying there is a lot we don't know. you were critical of that. explain. >> well, you know the burden should be on government to tell you what they do know, what they have evidence of, instead of he is like, well some day there might be a variant that becomes the spanish flu again. so we need to continue to wear masks. this some day might mutate into the spanish flu. instead call me when it is the spanish flu. call me when you have a study done that shows that people who have been vaccinated are getting it again or people have gotten it naturally, getting it again in wide numbers and in the hospital and dying. all of the numbers in the united
states are good right now. about a third of the people have been vaccinated but guess what? a third of the people have antibodies too. 10% officially have gotten but probably another 20% who have antibodies never knew they actually got it, children and otherwise. i think we're rapidly approaching herd immunity in our country and these should be things we should celebrate and for those who want us to still live in the basement and not doing anything won't listen to them. i meet people out and about, older people, they're cheering, smiling, going to restaurants again. they have been living inside. i think it is good we can get back to normal. neil: what do you think of michigan cracking down again for two weeks, senator? governor whitmer said to address a spike in cases there, so recommends against indoor dining, outdoor sports foreyouth, et cetera, what do you think of that reaction? >> it doesn't obey the science
there is no scientific evidence that the lockdowns in michigan have done anything on in california. in fact the daily incidents of the disease in the last two months has been about almost 1 1/2 times greater in california than it has been in florida. the death rate is lower in florida. so there is no real correlation between economic lockdowns, mask mandates or any ever this. it is not correlated with the incidents of the disease. so we should be scientific but we shouldn't let politics overrule the science. the politics of mask-wearing and mandates has so overwhelmed science, when you look at the science objectively there is no real evidence anything, other than the vaccine has changed the trajectory. the trajectory changed dramatically as people got vaccinated. so i think it is television malpractice for these tv doctors to say the mask is so much more important than the vaccine, so much more immediate benefit. no it is not. most of people getting the
disease have been wearing masks. nobody vaccinated has been hospitalized or died, almost no one. this is a great and tremendous breakthrough. the other good news is, most people over 75, i think about 2/3 of people over 75 have been vaccinated in the country. i think it is over age 65 it is about 60 to 65% have been vaccinated. i mean we're doing a great job and the young people, a lot of them have gotten it are building up our resistance naturally and young people are really not at risk from this disease as it stands. neil: you know there is a back and forth on this how effective and for how long these vaccines are, senator, depending who you talk to. there is really not. of a time frame to look at these but at the least we're told it will offer protection for six months over the time the vaccines became available. maybe it will last a year or more.
others say it is a good time to advocate for yearly shots, much as we have for the common flu. how do you feel about that? >> well the thing is some vaccines like smallpox confer immunity lifelong. some infections like the spanish flu, influenza that was gotten in 1918 they found people with immunity 90 years later. there are people who have lifelong immunity. with sars, which is another coronavirus that came around in about 2004 they found those people still have immunity 15, 17 years later. so there is a great deal of evidence that you will still have immunity. now immunity doesn't have to be perfect to be protective t could be possibly someone who had covid like myself could they be reinfected? there are very small numbers of them. guess what, they're almost not getting sick. you're not reading stories of thousands of people are reinfected and they're hospitalized and dying, those
stories don't exist. you will hear a about a random person getting reinfected when they have been vaccinated. the good news if you have got reinfected from covid after you've been vaccinated you have some immunity, partial immunity, lessen the degree or significance of the disease. almost everything out there is good news this is why i so much think dr. fauci should be voluntarily removed from tv because what he says is such a disservice and such fear-mongering and almost all of what he says isn't even matched by the science of his own institute. so really what we need to hear from a lot of different experts. people need to realize the risk factors are different depending on your age. you you mention the johnson & johnson vaccine, very, very safe. if you're only 80 if only one you can get, take it f you're over 70, take it. if you're over 25 the chance of dying from this is one in a million.
your risk factors whether you judge, take a vaccine. it is not the same for everybody. neil: senator, i would be remiss if i didn't mention politics if i have you on. nikki haley says if donald trump decides to run she won't. so that will, so based her decision on that. what about you? >> you know i think it is very important, i don't know whether i would run or not. i'm running for re-election of the senate. i do know that but i think the direction of our party needs to incorporate some things donald trump brought to the party whether he runs or not. he brought working-class people to our party by the millions that was a good thing. he also brought the notion and made it acceptable in our party that we don't have to be the party of perpetual war. we don't have to be the party of perpetual occupation and troops everywhere, getting involved in every civil war. that is it what i've been for, for not being involved so much. not as much military interventions. my father was for. what our wing of the party was
for. donald trump made that the dominant force in the party. we need not to lose that whether donald trump runs or not. i want what he stood for, less war, less military intervention to be a big part of who we are as republicans. neil: you know what, this mar-a-lago event, a lot of people are raising their eyebrows over his disparaging comments about your kentucky colleague mitch mcconnell and other republicans in that it was a scorched earth, pretty abusive series of petty shots at them. do you think that is helping the party? do you think that that is helping his cause if he does choose to run for president? >> you know i think there's criticism that could be leveled on both sides there. i think it wasn't helpful to try to say that donald trump was responsible for everything that happened on january 6th. you know, it was a debate where i was on the other side of donald trump on it but to say that every politician who says
go fight for your country, let your voices be heard, march peacefully is responsible for the nuttiest, craziest, violent behavior, if that is true bernie sanders should be excoriated the shooter that came to the ballpark that almost killed steve scalise. nobody did that the remarks about donald trump after the impeachment were over the top, weren't appropriate. i don't think we want to get into a type of atmosphere where politicians are blamed for the craziest behavior of some of their supporter, in that is true i -- neil: i understand what you're saying, senator, i understand what you're saying but he did say some kind of off the chart things to kevin mccarthy at the time what was going on during that inner recollection, whatever you want to call it -- inner recollection. he seem to have few regrets checking on it or the safety of his vice president at the time. do you think that he would be a good voice for republicans to
turn to given how he handled all of that, given his unending suspicions and charges the election was rigged? >> all right. i think what's valid about the election and election integrity because i've been a voice for it's well, i've advocated for the law such as one in georgia. we also passed one in kentucky. i think what is valid about that is that we shouldn't allow mass voting by mass groups. should allow individualized voting. in other words if you want to vote by mail or vote early i think we can accommodate that. the georgia law allowed for early voting so did the kentucky law. allowing early voting in person, show an i.d., nothing wrong with that, we shouldn't allow mass groups on the right or left, collect, come to a dropbox and turn in 10,000 ballots at a time. there is potential for fraud there. the any way we can have the election more integrity, people that rebuked president trump over that i think it is
misplaced. anybody calling it jim crow doesn't realize that jim crow, the history of jim crow is the history of the democrat party. there were almost no republicans in our history who supported jim crow laws. every jim crow law passed in our nation's history was passed by democrats. neil: i was speaking more about the president's conduct and words, senator, be that as it may, thanks for joining us, we appreciate it. rand paul joining us from the nation ace capitol. dow jones industrials down 137 points. a lot of concern about j&j where it leads, could it disrupt the recovery with all those vaccines out there, some of them hobbled for the time-being.
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♪. neil: this selloff really began with this news out of johnson & johnson right now that it is halting for the time-being its vaccine because it wants to look into some clotting issues that have occurred in a number of individuals, all but half a dozen i might point out even though seven million doses have already been administered to americans. be that as it may, the concern that this could could delay folks getting vaccines, say nothing of pushing back the ongoing recovery is a worry. erin gibbs, jonathan hoenig,
capitalist pig hedge fund manager. jonathan, what do you think a justified selloff or an excuse to sell? >> neil, i don't see much of a selloff. the dow is down but stocks from my perspective are shrugging off this thing. they were weaker this morning and pointing towards all-time highs week after week. amid the johnson & johnson news, microsoft, oracle, starbucks, yum, all at new 52-week highs. the question are the stocks too expensive? we always talk about buy the rumor, sell the fact. my fear is once the fact comes, the pandemic ends the stocks could sell off then but for now this j&j news stocks seem to be taking it in stride. neil: i think you're right in the overall perspective. j&j is a dow component. it is disproportionally walloping that average. wall lapping might be overstating it. erin, people that get the
vaccines, regardless of today's gyrations is that a legitimate worry or overdone? >> absolutely. wall street when you look at the expectations, wall street expects the broad market, those big large cap companies to all be making profits and revenues at or better than what they're making in 2019. so we're not talking about better than last year but better than two years ago and it starts in the second half. from the second quarter on wall street is expecting all large businesses to be back to normal and running at profit levels. so anything that delays that where we're seeing a slow down in vaccines, we're not delivering, hitting those three million and four million vaccines daily, anything that might push that back by a quarter more, it certainly will send some short term gyrations in the market. now, they will get over it as soon as we recover but it is still very dominated by being on schedule where everybody is fully vaccinated and we expect
to reopen the economy in the second half of the year. neil: meantime i want to switch to bitcoin. it is in and out of all-time highs. it is up more than nine fold in the past year, jonathan. of course coinbase with its direct listing, public debut tomorrow, could have something to do with that but what do you think of what is going on here? we talk about the legitimacy or the street cred that bitcoin has got enwhen so many key players from morgan stanley, jpmorgan chase so many others have given it some sheen it didn't have six months ago what do you think. >> certainly not eight or nine years ago. the street, if you will, wall street has come all the around on bitcoin, first dismissing it at $800 a coin and now embracing it at $63,000 a kind coin, neil. you mentioned the coinbase ipo, it is priced for impossibility. this new exchange in effect
worth more than the nasdaq and the new york stock exchange combined? you mentioned it's a direct listing that means public shareholders don't have too much of a vote. there are no cops in a bull market. this seems like extraordinarily expensive in a evaluation in extraordinarily expensive asset that is cryptocurrency writ large. neil: people seem to say, i don't want to leave this party even though i can't quite figure out the party, erin. what do you tell investors? erin, i need your advice on this thing? >> one, fundamentally there really isn't anything that can justify these valuations. it is very high-risk and somewhat gambling-like. if you really want to invest in these type of cryptocurrencies, use it as money you can afford to lose. it is not going to be your main investment. and we are seeing potentially more investors being able to
access it. if you look at a lot of these currencies, it is quite difficult to put set up an account and set up a wallet. they're looking to set up coinbase etf. somebody does all the hard work and regular investors can get in. that might maybe it a little more accessible and further jump up the prices but again it is highly risky and really something you should use as fun play money that you can afford to lose. neil: guys, i want to thank you both very, very much the dow meantime is down 149 points. disproportionally affected what john was pointing out what is going on with j&j. broader markets are doing fine. we're looking into that and other concerns for the markets including what is going on in minneapolis because of on going protesting there, talk of still more planned to night, they have a habit at least in the past of
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neil: minneapolis residents embracing for protests hoping not for violence in the killing of that black man, the police called it a tragic mistake. be that as it made, curfews have been lifted. they are not so far saying that is the case. steve harrigan in brooklyn, minnesota, what is it looking like. reporter: monday was bad. we'll see if it is less bad tonight. the police station is being guarded by armored humvees. they have been sweeping up the street during the morning, bricks, bottles, cans, fireworks, everything thrown at police officers by hundreds of people overnight. 40 people were arrested. the police responding with tear gas and flashbang grenades as
well. some loot negotiate area. at least two stores burn and heated. dispute over the police officer involved who fired a single shot, kim potter. bodycam video footage shows her shouting taser, taser, after firing the shot that killed dante wright. the police commissioner called it accidental discharge. the mayor said for such a deadly accident the police officer should be fired immediately. the city manager pushed back publicly he would follow due process. here is the city manager. >> employees working for the city of brooklyn center are entitled to due process with respect to discipline. this employee will receive due process. and that is really all that i can say today. reporter: instead after that comment the city manager himself was fired after an emergency meeting of the city council. we expect to hear more from
officials later in the stay. neil, back to you. neil: steve harrigan, thank you very, very much. howard safir, the former new york police department commissioner. commissioner there is no time for due process apparently there, i'm wondering where this goes now? it's a tragedy but the implications and how far it stretches beyond this could be even more so, what do you make of that? >> it is true. reacting so quickly to something that has not been investigated that is in fact appears to be me to be a very tragic accident is going to work its way through the courts and my sense is that this officer will be reinstated whether for long term or not, i don't know. but the action of firing the city manager for saying what is correct, that she deserves due process is just wrong. neil: you know, this is not the first time, you know, police
have confused a gun for taser and vice versa. i'm just wondering whether that has to be looked at a little bit more closely? in the heat of the moment you could see how that could happen. there have been quite a few moments like this, i'm curious. how that should be addressed, if it was confusion? >> well i'm not going to pass judgment because it has to be investigated but let me tell you this. neil: sure. >> the glock 19 weighs about two pounds. the taser weighs about 8 ounces. the taser is yellow. the glock is black. the protocol in that department as i understand it is the taser is to be carried on the non-dominant hand side and to be used when you need non-lethal force. an officer with 26 years on the job should be able to tell the difference just on trigger pull
and weight alone. again i'm not prejudging, but it is very difficult to make that mistake i believe. neil: then it could also imply that she misrepresented what happened? she knew exactly what she was holding. we don't know. an investigation to get to the bottom of that. >> it -- neil: indeed that the case, so what do you say to that? >> it doesn't sound like it was intentional. it sounds more to me like, like, an officer panicked. as she is shouting taser, taser, taser, she has that glock in her hand. you know, unless she panicked she would know that is what she pulled out to begin with. neil: all right. commissioner, thank you so much. we don't know. we hope cooler, calmer heads prevail tonight in minneapolis. thank you as always. meantime we are getting word
right now as true to his campaign promise joe biden is saying all remaining u.s. forces in afghanistan will be completely pulled out by september 11th. and that the process will begin right before may 1st. we'll have updated numbers what we're talking about here. the goal is to get all u.s. forces still in afghanistan out of there by september 11th. no doubt that date is not an accident. we'll have more after this.
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edson with more. reporter: good afternoon, neil, the surge of the southwest border much is coming here to the rio grande valley and here to the rio grande river. mexico is the land mass behind us here. federal officials, texas state troopers patrolling the rio grande river throughout the day. we spent the day yesterday with the state troopers. they're trying to deter migration. their job involves intercepting drugs and rescue operations. >> you know, five-year-old kids in the brush by themselves, people lost in the brush, just, amount of young kids, minors coming across, and just being left in the brush to fend for themselves. >> this become as constant rescue operations? >> yes, sir. reporter: troopers say sometimes cartels will drop off dozens of migrants at one spot to distract border patrol and run drugs across at another point.
customs and border protection is handling the surge for the government. president biden nominated tucson, arizona police chief chris magnus, who is an outspoken critic of president trump's border approach. the white house reached agreements with mexico, guatemala, honduras, they will surge their security forces to their borders to try to prevent some of the migrant flow ending up here in the rio grande valley. neil, back to you. neil: rich edson, thank you very much. we told you a little while ago talking to senator rand paul, nikki haley made it clear she will not run for president of the united states if it turns out in 2024 donald trump does. are others feeling the same way? after this. ♪.
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johnson & johnson's vaccine. six have developed blood clots. i stress better than 6.7 million americans received the j&j vaccine. in abundance of caution they're halting its use for the time-being. let's dip into this. >> to continue to reach every adult who wants to get vaccinated. we're now working with our state and federal partners to get anyone scheduled for a j&j vaccine quickly rescheduled for a pfizer or moderna vaccine. we're actually already seeing this happen today at sites across the country where j&j appointments are being adjusted that were for today to actually get moderna and pfizer today. that is happening many places across the country. the president has committed to the american people that his administration will always lead with science, tell the truth,
and give americans the facts as we know them. cdc and fda will continue to do just that and provide regular updates to the public and they will do so as they continue their investigation. with that, let me hand it over to dr. fauci. then we'll take questions. [inaudible]. >> thank you very much, jeff. just to follow up a bit, maybe fill in a couple of points from what jeff said and what our colleagues in the fda and the cdc said earlier this morning at the press conference. a couple of issues come up of the importance of calling this pause because people say what does a pause mean? it really allows both the fda and the cdc to further investigate these cases to try
and understand some of the mechanisms what it is. some more details about history of the individuals who were involved that might shed some light on looking forward what will happen, what we will do. that is the first thing. the other thing is to make physicians out there aware of this and there are some clinical implications of that that i believe are important. for example, if someone comes in with this really rare syndrome of thrombotic where throbosis the most common way to treat that is with heparin. that could an dangerous and make the situation much worse. there is clinically relevant reason why you want to make this known to people. also when individuals, particularly younger women who might come in to a physician with a particular thrombotic
phenomenon, things that happen or other reasons all the time that we want to alert physicians to take a history of a recent vaccination that would be important. so the pause not only allows us to take a look at the cases and learn more but it is also a signal out there to help the physicians. common question and i'm sure we'll have a number of questions which jeff and i will be happy to answer to you but one of the questions that comes up already rather frequently, does this have anything to do with the efficacy of the vaccine? sew we know there have been 6.85 million doses of j&j distributed in the united states thus far. so someone who may be had it a month or two ago would say, what does this mean for me? it doesn't really mean anything. you're okay, because if you look at the frame, the time frame when this occurs, it is pretty tight from a few days, six to 13
days from the time of the vaccination. the next question is, one that we're all obviously aware of, what impact is this going to have about people's attitudes about vaccines in general? so you might know that there have been now 120 million people that have received at least one dose of a vaccine. most of that subtract the 6.85 million is in the messenger rna from pfizer and from moderna. there have been no red flag signals from those. so you're talking about tens and tens and tens of millions of people who received vaccine with no adverse effect this is a really rare event. if you look what we know so far, there have been six out of the 6.85 million doses which is less than one in a million. so remember, this is something
that we always out of a, really out of an abundance of caution as jeff said, to give us time to take a good look at it to see if we can get further information. so i will stop there, jeff, we can obviously take some questions. >> okay. >> reporter: you described this is a really rare event. this rooks like a drastic step. do you believe the scientists weighed the benefit of this cause or damage or risk it could do to the broader effort and on vaccine hesitancy. >> dr. fauci maybe will go after me, but we have plenty of supply. so i mentioned that we for the last several weeks have been sending 25 million doses out and while we're averaging three million shots in arms per day the 25 million supports actually that level and even accelerating. we just sent out 28 million
doses today, announced 28 million doses will be sent this week, to states, tribes, territories our federal channels. we have plenty of supply to continue our vaccination program to hit our goals but over to dr. fauci. >> i believe your question, did we pull the trigger too soon on this because it was such a rare event? well you know, our fda is internationally known for their capability of making sure that we have the safest products out there. that's what i meant when i said an abundance of caution. you want to make sure that safety is the important issue here. we're totally aware this is a very rare event. which want to get this worked out as quickly as we possibly can and that is why we see the word pause. we want to hold off for a bit and may well go back to that, maybe with some conditions or maybe not. we want to leave that up to the fda and cdc to investigate this carefully. i don't think it was pulling the trigger too quickly.
>> a logistical question more than anything, the advisory committee on immunization practices meeting tomorrow to discuss this. >> right? reporter: why not meet today? shouldn't you drop everything to discuss this? >> you have to get people together. i think tomorrow is not such a long wait. i'm sure they want to get everybody. there may be people not available. they want to get the full component of it. reporter: talk about the process for deciding for this pause and what comes next? first off, did the white house have any advance notice of the issues with the j&j vaccine and was there involvement from the white house in deciding this, how do you evaluate when to pause vaccines? will we see more of these pauses in the future if more issues pop up. >> why don't you do the first part and i will do the second part. >> this decision was made by the cdc and the fda and that is one of the things i think sufficient a good thing about our system here, is that we're ruled by the
science, not by any other considerations so the decision was really thoroughly made by the cdc and the fda. >> stay consistent with following the science we were notified last night there would be announcement this morning and therefore i have no other involvement other than knowing last night there would be announcement this morning for the fda and the cdc. reporter: in this review what is going to happen? what are they looking for? what are they evaluating? when do we expect conclusions? >> they want to see if there any clues of other things going on, were there any underlying -- for example, hypothetical, if they're going to make a decision to go forward and say, no we looked at this, if they find some common denominators among the women who were involved that might be synergi-zing an adverse
event, there may be clues, when you go down to get granular about every single case. additionally they want to look what some of the mechanisms are. the mechanisms may give insight what is going on. reporter: are there potentially further pauses in the future? could this be happening with the vaccines because they're so new? >> if you look at history, take a look what has gone on with the moderna and the pfizer, where you have, you know, literally tens and tens of millions. just watch this carefully. there have been no red flags. when you have a red flag of something that is as serious as thromboticopenia particularly a individual that died, you take that seriously. i don't think things that have nothing at all to do with the vaccine that we'll pull the trigger quickly and keep stopping and stopping and stopping. i think this is an unusual occurrence of a serious adverse
event that you want to make sure before you go forward you investigate it thoroughly. that is exactly >> thank you. doctor fauci. given the impact of patients, old women from 18 to 48, should women under 50 be excluded from getting the j and j vaccine? >> the question gets back to several of the questions here. that is the reason the cdc and fda want to take a look at this, are there some categories where people outside the categories don't have the factors it would be okay to go on. it is conceivable making no predictions that there may be some restriction, we don't know that.
they are working hard to answer the question. >> what is your medical advice, and may be concerned about that. >> i would tell them to just first of all, don't have an anxiety reaction, it is less than one in 1 million. having said that, pay attention, do you have symptoms, headache, shortness of breath, chest discomfort, anything that resembles neurological syndrome and obviously if you have something as serious as a caesar, that is pretty clear, headache is a very common component. the sinus thromboses is draining of blood and brain and it will cousin of symptoms,
watch out for not feeling very well. >> officials from different states told us they were caught off guard by this announcement, they put shot into people's arms, and how do you notify states -- >> last night, the content of the announcement when everyone else read it. our team farmed out and started contacting folks to make sure everything was announced by the fda and cdc, the have regular governors call, that was fortunate that that was at 11:00 am. the governors already lined up with their teams, doctors fauci and doctor wolinsky joined the call and the teams continue to support the state wide effort of federal channels of community health centers to make the adjustments.
there was no heads up here, the announcement was made this morning. >> thanks. do we have a timeline? are we talking days for the background, the second one -- understand what you are saying but when you talk to local officials j and j, there was one shot considered a crucial component in rural areas, how does that not affect the timeline you guys are on. >> during one of the questions asked of the cdc, the question.
>> plenty of vehicles for delivering that supply. whether it is mobile units and community health centers, and if those units were growing in number. and to reach people where they are in the mobile units were particularly essential. they were receiving moderna and pfizer. >> you just swap out the vaccine, or going earlier. and and for the first dose of moderna. all of our units and delivery channels are quick to deliver pfizer and moderna.
>> how does that contribute to the areas where hesitancy is most predominant at this time. and - and there are tens of millions of doses of pfizer and moderna. nothing in the us and around the world, safely vaccinated. and the safety and effectiveness of the vaccines. they are taking every step necessary to ensure the american people have clear and transparent information about the safety and effectiveness of these vaccines. the bottom line is the vaccines, moderna and pfizer being administered, saving lives, every american should get vaccinated.
>> is j and j going to continue, and ordering more doses of pfizer and moderna in case this problem with j and j is prolonged. >> the j and j production issues in baltimore are being worked out through the fda process. the production of those vaccines, if and when the fda authorizes that. it is a wartime effort, was why we purchased access supplies to be ready for any contingency and continue to look at every possibility in terms of making sure we have enough supply. >> to clarify j and j production, overall is that
going to paz while this pause on administering doses or it is going to continue. and >> i will ask you directly, are you rolling up a chance the vaccine could be removed from the market? are you willing out, are you expecting it to be real loud? re-allowed? >> that is the reason the paz was done so that they could take a good look and look at every different factor. i wouldn't want to speculate what would happen often when you see things like this that you pause and come back. whether or not that happens now i can't guarantee but i can tell you that is what the cdc
and fda people will be deciding on and working on carefully. >> the outrage question, this is a problem you have been struggling with, the sort of vaccine hesitancy, this is a setback. what do you have to ramp up into in addition to an effort to really ensure that this message gets out? do you personally go to mississippi where the vaccine vaccination rate is low. >> it is a wartime effort and plan different scenarios. we have enough supply in moderna and pfizer, to hit the targets, the 200 million shots,
and talked about, and to get vaccinated, we do need to continue to build confidence and that is done at the community level. people are trusting their local doctors, faith leaders, neighbors which is white is important when people get vaccinated not only get themselves vaccinated but spread the word about safety and effectiveness of the vaccines. >> one of the goals you haven't mentioned is the hope there's enough supply for the country by the end of may. is that still operative in the wake of this pause in the second question, surprising to learn you learned about this this morning do you wish you had heard sooner? >> i learned about it last night, to the science, we want the science agencies to lead the science and there is no reason for us to be involved in any of the scientific decisions we bring to the table.
that is the fda's role and the cdc's role led by terrific leaders with teams to do the science. we believe there is enough vaccination, the vaccine in the system for all americans who want to get vaccinated by may 30 first to do so. >> dancing around the hesitancy question, do you think the announcement of this cause will increase or decrease vaccine hesitancy? >> hesitancy among a group of people is a challenge and it e are, to meet people where they are, to follow what we have learned about who people trust, their local doctor, their nurse, their faith leader, and as doctor fauci talked about.
the fda, acting the way they did today shows they are indeed the gold standard and that should reassure the american public that they will be diligent and conservative in the vaccines. >> because the fda, the tripwire was triggered, that should give americans more confidence than the overall vaccination? >> safety and efficacy are being monitored by the gold standard, >> >> the fda, and the effort of getting a permit, to head the fda. >> the fda has extraordinary
group of scientists and experts. >> in those efforts -- >> the fda does next ordinary job. the experience teams, and the experience of the fda. >> >> to accommodate that cause, to get rescheduled, >> there is already a certain, people scheduled for today are already rescheduling. to support the states on
logistics of rescheduling, the most important thing is to vaccinate 3 million americans a day to accelerate, tens of millions of doses in the system, to announce 20 million door, >> the question. >> can you verify, for flood symptoms. >> there are no serious events to call attention to anything relating to a pause. >> >> how do you get to the safety of those vaccines. >> the fact that you have, the
individuals have received one dose, you are talking 114, there is no regular red flag signals, dealing with a really safe vaccine. when you talk about safety, this is the next ordinary safety records and the paz was done just as a testimony to how seriously we take safety and why we have fda and cdc that looks at this carefully and hopefully will resolve it days or weeks apropos of your questions is a strong argument for safety actually. >> thank you, doctor fauci.
>> thank you everybody. neil: we want to stick with that was a growing concern about the safety and efficacy of the johnson & johnson vaccine, keep in mind but in 6.8 million americans have received j and j's vaccine, 6 contracted rare blood clots where they were linked to that vaccine, it is in order even though the odds of getting this, it is a temporary paz, in the interim, it did stress there are other vaccines available including pfizer and moderna ramping up availability of those actions to the tune of 8 million to more than make up for the supply via johnson & johnson. separately that company j and j
announced it is holding back on its rollout in europe until all investigations have concluded but again the company stresses it is confident as the vaccine is successful and its appeal as a single dose continues, this again a pause. we will have more after this. so i only pay for what i need. 'cause i do things a bit differently. wet teddy bears! wet teddy bears here! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ obsession has many names. this is ours. the lexus is. all in on the sports sedan. lease the 2021 is 300 for $369 a month for 36 months. experience amazing at your lexus dealer.
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involving johnson & johnson, this is supposed to be a game changing moment for the vaccine distribution process, one shot not to storage requirements, simple, mobile and easy to get into areas and get people shocked by the millions. with this pause as doctor fauci said that very well could last several weeks potentially, the message from the white house is we are going to be okay. we have other vaccines was they tried to turn the page and attention to the moderna vaccine. a different kind of vaccine, the mrna technology, doctor antony fauci was point blank asked are you ruling out the possibility the johnson & johnson vaccine itself could be removed from the supply chain and doctor fauci set off and when you have a pause like this you come back with having supply come back online but he said he cannot guarantee that would be the case in this case,
the white house making it clear this was not their decision, it was a decision that came from the fda and cdc, they say they were made aware of the general headline last night and got the information like the rest of us earlier this week, the message from the white house is 190 million vaccine doses and only give or take 6.8 million of them are johnson & johnson so they say we've got plenty of pfizer, plenty of moderna, we are going to be fine going forward, we will hit the target goal we laid out for the upcoming weeks but you just have to wonder what this means for the johnson & johnson shot going forward, whether if it does come back online will be more hesitant to take it and in that briefing with a lot of questions what this means for vaccine hesitancy because you look at the numbers and it is staggering, 190 million doses to date administered, but of
the overall adult population 46% of adults received the vaccine, about half have not. you have to wonder what it means, mighty headline like this and think twice again. we have enough supply with pfizer and moderna, we are okay, a lot of questions going forward with johnson & johnson. neil: let's go to austin goolsby, the former economic council chair of the university of chicago, economics professor. seems like a perfect the reasonable reaction to this even though it is minimal risk, 6 out of 6.8 million have gotten this, to see if there is anything that could be problematic down the road so it is an appropriate response. i suspect the market takes it on the chin with johnson & johnson leading the way on the
notion that it could delay the superb immunity or whatever you want to call it or reopening and reawakening of the economy, is that a overreaction? >> don't know if it is over reaction. we talked many times, the virus is the boss and if we could get control of the spread of the virus i think the economy can come booming back and if we can't get control of the virus, if the country turns into what michigan is the economy is going to be back in for another tough spot. you see that in europe and places where it is in control. the vaccine is the best way we have to get control of that and hopefully with the moderna and pfizer vaccine there's plenty of supply and you get over the hump but it is unfortunate that one in 1 million side effect is leading to a stop a vaccine for
disease that is 10,000 times deadlier than the vaccine is. the fatality rate if you catch covid is something quite dangerous and if this is adding to hesitancy and it allows an opening of a side door for the virus to come back in the market is not going to react well to that. neil: i am no doctor but to your point, the odds of credit -- contracting this are million to one, might be a good thing to see if there's a connection that should be studied but it does feed into american concerns about taking vaccines period. i mentioned in the context of it, that does affect optimism
about getting back to business as usual and as a psychological effect, what do you think? >> it has some psychological effect. we went through this with astrazeneca. how do they react to the news it might be complications, the question of does it translate into self-fulfilling prophecy into actual negative, maybe not, maybe doesn't have to. i would think if it came back in a relatively short time and they said this is 6 million doses, pfizer moderna, producing what is better-than-expected and those 6 cases have nothing to do with the vaccine. i wouldn't think it would have to have a real economy negative
but, all bets are off because that is the thing driving it. neil: if i could dramatically switch gears, i was never able to pick your brain on the bitcoin phenomena in. it is having a direct offering, bitcoin itself at a record high, 63,$000 a coin, what do you think of this, so many lent their market credit for tesla, to jpmorgan chase, morgan stanley and so many others, is that a bubble to you, what do you think? >> i will start with a part that is economic that i don't
know about. the economics you think bitcoin or some other crypto currency is a threat to the dollar of the currency, they are not. the transaction is quite high for a lot of this. they aren't a medium of exchange, a stable store of value, the economics that lead to successful currencies. they aren't that. there might be investments but if they are investments we are in a world, the beauty contest that the value is derived because other people think it has value and that is not a space i know very much about. it might be a great investment but is a speculative high volatility investment. it is usually not well correlated to a successful currency.
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all-star game to protest what is going on with the georgia vote, other ceos have weighed in. former aig chairman wrote a fascinating piece in the wall street journal, we have great respect for men and women who run these massive conglomerates but it will come back with a boomerang on them. there is no limiting principle to this problem is business heads can comment on issues unrelated to these businesses they can be compelled to weigh in on more current events, the imposition of needing to refuse. they will be tested on it time and again. what do you recommend they do? >> what i recommend is what i said in the article and that is not get involved in a public
way in issues that are political in nature, divisive and unrelated to their businesses. if they stay out of it they can stay out of the next one. if they get involved in some fashion they inevitably will be forced to comment on a range of issues and refusal to do so will engage the woke warriors. neil: if you think about it, whatever their position, we live in a day and age when individuals themselves, investors or residents of georgia very woke in face groups who are saying you have got to speak out against this and puts further pressure on them. how do they respond to that? >> if it doesn't relate to my business i won't comment
publicly. it is a political matter to be decided in political means. if you don't like a particular action then take it to the voting booth but it is not the role of my business to comment on political issues. if you start you can't stop. to a sort of mental test. suppose there was a woke group from the right that doesn't like abortion laws that allow abortions in the third trimester and they started to pressure ceos to come out against it, no doubt those ceos would say i am not going to say anything. there is no principle that limits where you stop and to be leave the woke warriors will impose reasonable discipline and exercise reasonable
requests is the height of fantasy. neil: shouldn't they run this by their boards before they do so. major league baseball, the commissioner and other owners, not playing the all-star game in atlanta. i can extend it to the ceos of delta and coke who weighed in. are they are negated to do that? >> don't know if they did or not. i have no knowledge of that. i would have consulted my board on that. a major change in how ceos operate and communicate with the public and the positions they take. that is something that ought to have been discussed at the board. i would have done that. i don't know what factors they considered and whether they took that step or not. stuart: i am not here to debate
the pro-plaps and cons of the georgia law. it is a leap to call it jim crow or overtly racist. what happens is as long as people keep repeating that without looking at the details of the law. whether you like it or not or your cup of tea or not you keep saying this, people believe this. when the washington post called out the president for comments he made that it was jim crow, overtly racist and gives four pinocchios for thing that the facts don't seem to matter. it generates an emotional wave that there is no stopping it. >> doesn't seem to matter. i read most of the georgia law. i think i understand it. i said in my op-ed piece, a personal point of view, that the lot reaches a reasonable balance, voting and security of
the vote. it is a reasonable balance. others may disagree with that that was my point of view. i wrote the article to indicate that is what i thought but unrelated to my comment about ceo actions, accusations of racism and the woke culture predominate and get all of the press and the ceos get caught up and will alternately regret it. it is something they should stay away from. it is not germane to their business. stuart: mitch mcconnell set a number of republicans like coca-cola or delta and ceos don't appreciate the magnitude of the reverse effect to the point you just made it but it also talks about a backlash for a backlash.
baseball's relationships with cuba and china, how generated calls to boycott two major atlanta based companies, this won't be the end of the backlash. this doesn't end here, it will only fester from here. >> when you take a position like that, the most negative charge that can be made is your being a hypocrite. taking a position for political reasons rather than moral reasons. any example that would indicate actions counter to your statements would be magnified and reverberate and you have to respond to those. it was a never-ending process. >> i think ceos out to stay away. there are political matters in
which they should talk when they affect their businesses but these are not those. neil: thank you very much. we should be thinking about all this but implications for every decision and opposite reaction than the intentions were originally. good seeing you, much appreciated. when we come back the latest on the virus, not the vaccine front of the controversy around j and j but the university front that has one college and university after another implemented plans to make sure returning students have gotten the vaccine. back on such requirements to get a lay of the land first, stopping by here. ♪♪
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officials are investigating johnson & johnson's covid 19 vaccine after a small number of recipients developed a rare, in combination of low levels of blood platelets, 6 million americans who received j&j affect only 6 cases where blood clot low platelet combination have been identified but the cdc and fda recommend providers temporarily paused j and j vaccinations while they investigate whether there is a connection. a leading theory is this particular vaccine may trigger a dangerous reaction in a small number of individuals. >> the person being vaccinated makes an immune response potentially that involves their own platelets or other coagulation systems and can cause this problem.
>> we've been working closely with medical experts and health authorities and strongly support the open communication of this information to healthcare professionals and the public. donald trump criticized the decision to recommend a pause on the j and j vaccine saying, quote, the people who have taken the vaccine will be up in arms and all of this was done for politics. it is normal to experience flulike symptoms in the days after receiving any covid 19 vaccine but if you start experiencing a severe headache, pain in your leg, pain in your abdomen that is something to get checked out. neil: thank you very much. there was a read the a lot of colleges and universities are concerned about their returning student populations next fall, cannot attend classes unless
they are, places like duke university, notre dame, syracuse university and on and on. what are they doing asked purdue? university's president, good to have you. what are your plans for the fall? >> our first plan is everybody possible and everybody willing vaccinated, protect purdue health center, operating efficiently to keep is open all year, probably more open than any school our side is vaccinating at a rate of 3000 today. the first week since we got the vaccine, pfizer by the way, we have vaccinated 15,000 people. we want to go as far as we can with that. our goal is to have a campus where the virus cannot spread come fall.
if we can get there voluntarily and make -- mandate a mood point that will be our preference. neil: they are requiring among other things proof that you have been vaccinated. others are doing a mix, prove you have been vaccinated or testing negative for the virus when you enroll in the fall. what do you think about one or the other? >> all these things are plausible and we may use a mix of them ourselves. we test anyone who is symptomatic and on a surveillance basis we have not made a decision yet on that either whether we think it will be necessary to hose down our students but the goal starts with wanting to be as open and near normal as we can within
person classes everywhere possible and as many normal campus activities that make residential public education valuable and we will do what it takes to get there if we can get to so-called heard immunity through a mix of vaccinations and testing and identifying those with natural immunity we will do that. neil: it is one thing to get college kids parents vaccinated, quite another to the kids themselves. they feel they are indestructible and don't need it. how do you convince them when push comes to shove to get it? >> the same way we convince them to do extraordinary things boilermakers allowed us to be an open campus and residential in person campus, we get them to think about others and at least on this campus young people are very out realistic,
very concerned about others and recognize although the virus poses essentially 0 danger to them they could pose a danger to others if they contract it, don't even know in many cases they have it and pass it to someone more vulnerable. we sampled opinion among our students and overwhelming percentage say they are willing and eager to get vaccinated and are doing so at a rate of 2500 or more a day. neil: the limited, truncated time without breaking news developments on the virus but thank you, former indiana governor to president of purdue. we have more coming up. i want to pass along the news item, minnesota area police officer who shot and killed dante right has redesigned, the police officer offered her resignation in a letter to city officials two days after
pulling out her gun and fatally shooting mister right. she said in her statement i believe it is in the best interest of the community and the department and my fellow officers if i resign immediately. he will have more after this. [announcer] durán catches leonard with a big left. ♪♪ you can spend your life in boxing or any other business, but one day, you're gonna take a hit you didn't see coming. and it won't matter what hit you. what matters is you're down. and there's nothing down there with you but the choice that will define you. do you stay down? or. do you find, somewhere deep inside of you, the resilience to get up. ♪♪ [announcer] and this fight is a long way from over, leonard is coming back. ♪♪
do you have a life insurance policy you no longer need? now you can sell your policy, even a term policy, for an immediate cash payment. we thought we had planned carefully for our retirement. but we quickly realized that we needed a way to supplement our income. if you have one hundred thousand dollars or more of life insurance you may qualify to sell your policy. don't cancel or let your policy lapse without finding out what it's worth. visit conventrydirect.com to find out if you policy . . neil: this day and age, individuals themselves, investors or residents of georgia, very, very woke in your
face groups who are saying you have got to speak out against this it puts further pressure on them. >> how do they respond to that? >> they have to say if it doesn't do with my business, i will not comment publicly this is political matter. it has to be decided with political means. if you don't like a particular action take it to the voting booth. neil: former american express chief harry golub that companies should not weigh in on these matters like a voting law in the state, like a necessity, almost every other political matter stepping up, that the woke culture puts them in a position to be boycotted, already happened a few times. charlie gasparino what he makes of this counterpush that could backfire on the same ceo's are going along with it. what do you think, charlie? >> by the way it is ironic, ken that nolt is at the forefront of
woke ceo movement was on the call with yale university talking about ceo's taking an increasing stand on progressive policies. heart harvey gollub hearing from voices in the republican party, conservative activists how they plan to address this they could address this legally. he made the point in the column in "the wall street journal" ceo's may need board permission to go out there on the limb when they make these statements because they have to prove that what they're doing in terms of embracing certain policies are good for shareholders. i don't know how it is good for shareholders to embrace elizabeth warren's policies because elizabeth warren wants to raise the corporate tax rate to a gazillion percent. that is where i think you see the pushback coming. two-ways, conservative activists groups mounting proxies fights when these companies adopt certain standards, esg, certain types of disclosures. challenge them on proxy, on
proxy matters try to bring them up at shareholder meetings. not easy to do, get your voice out there, a liberal be a activities have been doing for years t has impact. gop lawmakers press the securities & exchange commission to say, okay, explain to us how these policies are good for shareholders exactly? why it is good for shareholders that ken chenault goes out there to attack the georgia voting law. pushback comes from the activist side, gop lawmakers, pat toomey i understand my sources inside of the office are concerned about this movement. there will be counterreaction what is going on, as i reported, neil, the republican party is gearing up for a long-term battle with corporate america. i never thought i would hear about that, they're at loggerheads, the bottom line is this, these voting laws, voting i.d. laws, in red states, hugely popular with grass roots conservatives and republicans
even if ken chenault and arthur blank don't like it. back to you. neil: we should also add there was no harm with people, masters, wrapping up this weekend decided to stay in georgia. there was no boycott effort to decide to keep things the way they were. i wonder if this backfires easily? >> i think major league baseball was a little bit after unique situation because i think rob manfred had people breathing down his neck, turn the all-star game into bizarre speck at that kel of voting rights. stacey abrams was involved, lebron james. unfortunately he blinked. the guys from the masters didn't blink. remember with rob manfred he had president biden teeing him up. he mentioned major league baseball should boycott atlanta in the espn interview.
that put a lot of pressure on him. neil: a lot of pressure. well-put, my friend, thank you very much. charlie gasparino, following all of those developments. the big story of the day right now seems to be johnson & johnson and its vaccine, a pause, something close to 7 million doses administered in this country because of six blood clot related developments not tied to it. the pause is on. we'll see for how long. to charles payne right now. hey, charles. charles: good seeing you, neil, my friend. i'm charles payne. this is "making money." breaking now the s&p 500 back at a record high despite the biggest scrum in inflation in nine years. the question, is this temporary or not. we're less than 24 hours for the most exciting ipo in years. coinbase how much will investors chase the stock. we'll discuss. our market