BRIAN: IT'S YOUR SHOT OF THE

MORNING.

PRESIDENT TRUMP SIGNING A

BRAND NEW STRETCH OF BORDER

WALL IN SAN DIEGO,

CALIFORNIA.

AINSLEY: USING A SHARPY.

THE PRESIDENT AUTOGRAPHING

THAT PART OF THE WALL.

BEEN PROMISING TO BUILD THE

WALL SINCE HIS CAMPAIGN IN

2015.

STEVE: DESIGNED TO RETAIN

HEAT TO KEEP PEOPLE FROM

CLIMBING IT.

CAN YOU SEE THERE IT'S

LITERALLY HIS SIGNATURE

ISSUE.

BRIAN: OUR ENED HEADRY HAD A

CHANCE TO TALK TO THE ABOUT

THE WITH THE WALL.

AINSLEY: ED HENRY JOINS US

NOW WITH MORE.

HEY, ED, WHAT ARE.

SO HIGHLIGHTS YOU LEARNED

YESTERDAY AFTER TALKING TO

HIM.

ED: IT WAS FANTASTIC.

I WALKED UP TO INTRODUCE

PRESIDENT SORT OF RIGHT

AFTER HE SIGNED IT.

HE HAD ALL THESE BORDER

PATROL AGENTS AROUND.

HE SPIED ME AND SAID WHAT'S

ED HENRY DOING HERE.

OH YEAH WE ARE DOING AN

INTERVIEW.

COME ON, LET'S TALK.

HE WILL WENT RIGHT AT IT.

LONG DAY PROBABLY TIRED

BETWEEN JET LAG AND THE FUND

RAISING HE WAS DOING,

MEETING WITH THE BORDER

PATROL FOLKS.

HE GOT FIRED UP WHEN WE

STARTED TALKING AND HERE'S

WHY.

WE HAD DEMOCRATS ON THE SHOW

SAYING THE PRESIDENT IS NOT

TELLING THE TRUTH.

THAT'S WHAT THEY CLAIM WHEN

HE SAYS AND BOASTS THAT

THERE IS NO WALL BEING

BUILT.

I'M HERE TO SAY THE

PRESIDENT IS RIGHT.

AND THEY ARE WRONG.

AND THAT'S NOWFTZ AN

OPINION.

THAT'S MY ROUTEING WITH MY

OWN TWO EYES.

I WAS THERE.

THERE IS, IN FACT, MILES AND

MILES OF NEW WALL BEING

BUILT.

AND IT'S WORKING, NUMBER

ONE, WE WILL SHOW YOU THAT

NUMBER TWO, THE PRESIDENT

TALKED ABOUT IRAN.

THAT HE WANTS PEACE NOT WAR.

AND WHEN IT COMES TO THOSE

FED RATE CUTS.

IF YOU ARE THE CHAIRMAN OF

THE FED WAKING UP WATCHING,

THIS YOU MAY WANT TO POUR

ANOTHER CUP OF COFFEE.

WATCH.

>> LET'S START WITH SOME

BREAKING NEWS FROM THE FED

TODAY.

YOU WERE PRETTY UPSET THAT

THEY ONLY CUT IT A QUARTER

OF A PERCENTAGE POINT AND

YOU SAID CHAIRMAN POWELL HAS

NO GUTS, WHY?

>> THINK WE SHOULD DO MORE

BECAUSE OTHER COUNTRIES HAVE

DONE MORE.

IF YOU LOOK AT GERMANY AND

JAPAN AND SO MANY OTHERS,

THEY ARE CUTTING MUCH MORE.

IN FACT, THEY ARE BORROWING

MONEY AND GETTING PAID TO

BORROW MONEY AND WE ARE

PAYING INTEREST.

WE ARE THE MOST PRIME IN THE

WORLD.

WE HAVE THIS GREAT ECONOMY.

WE ARE DOING BETTER THAN WE

HAVE EVER DONE.

OUR EMPLOYMENT NUMBERS ARE

THE BEST THEY HAVE EVER

BEEN.

UNEMPLOYMENT NUMBERS, ALSO.

WE ARE DOING GREAT.

BUT WE SHOULD BE CUTTING.

THERE IS NO INFLATION.

ED: YOU ARE WORRIED HE IS

PUTTING A WET BLANKET AHEAD

OF 2020.

>> I THINK WHAT HE DOES -- I

DON'T THINK HE KNOWS HOW TO

PLAY THE GAME VERY WELL.

THEY HAVE RAISED TOO FAST.

AND I HAVE BEEN SAYING THIS

OPENLY.

ED: UM-HUH.

>> AND THEY HAVE LOWERED TOO

SLOW.

HE TOOK 25. SOME PEOPLE

WERE HOPING FOR 50.

HE TOOK 25.

BUT THE FACT IS WHEN GERMANY

GETS PAID TO LOAN MONEY,

THEY ARE LOANING -- THEY ARE

BORROWING MONEY SO THEY'RE

BORROWING -- THINK OF IT,

THEY BORROW MONEY AND WHEN

IT COMES TIME TO PAY BACK,

PEOPLE PAY THEM.

ED: RIGHT.

>> WE CAN'T PARTICIPATE IN

THAT IT'S BECAUSE OF THE

FED.

SO I'M NOT THRILLED PUT FED.

BUT, DESPITE THAT WE HAVE AN

INCREDIBLE ECONOMY AND WE

DON'T HAVE INFLATION.

ED: CHAIRMAN POWELL'S JOB IS

SAFE.

>> IT'S SAFE, YEAH.

IT'S SAFE.

SURE, WHY NOT.

ED: YOU PAUSED?

>> NO, I DON'T PAUSE.

HE HAS GOT A JOB.

I'M DISAPPOINTED IN HIM.

I'M VERY DISAPPOINTED IN

HIM.

I THINK HE RAISED FAR TOO

FAST.

HE DID QUANTITATIVE

TIGHTENING WHICH IS NOT A

GOOD THING TO DO.

BUT IT'S ALL RIGHT.

AND, LOOK, WE HAVE A GREAT

ECONOMY AND IT'S NOT GOING

TO MAKE THE DIFFERENCE.

IT WOULD HAVE GIVEN US AN

EDGE AND INSTEAD SOMEBODY

ELSE HAS AN EDGE.

THEY ARE SO FAR BEHIND US

THEY CAN'T CATCH US.

ED: ON IRAN TOUGH NEW

SANCTIONS THE "WALL STREET

JOURNAL" REPORTING YOU ARE

BEHIND THE SCENES TRYING TO

WORK DIPLOMATIC ANGLES AT

THE U.N. AND HAVE SOMETHING

SHORT OF ACTUALLY WAR.

WHY DID YOU TWEET LOCKED AND

LOADED IF YOU DON'T WANT TO

GO TO WAR?

>> WE WILL SEE WHAT HAPPENS.

YOU MAY HAVE VERY STRONG

HIT.

STRONGEST MILITARY BY FAR.

WHEN I CAME IN WE WERE

DEPLETED.

NOW WE ARE VERY POWERFUL.

WE HAVE NEW PLANES, IN

MISSILES, NEW EVERYTHING.

EVERY FORM OF EQUIPMENT.

WE ARE BUILDING MANY NEW

SHIPS AS YOU KNOW.

NEW SUBMARINES.

WE ARE DOING THINGS THAT WE

HAVEN'T DONE IN MANY, MANY

YEARS.

I CAME, IN WE WERE DEPLETED.

I TOLD YOU YESTERDAY VERY

LOW ON AMMUNITION.

AND I'M BEING NICE WHEN I

SAY THAT I SAID THAT SHOULD

NEVER HAPPEN TO ANOTHER PUT.

WE WILL SEE WHAT HAPPENS.

A LOT OF THINGS COULD HAPPEN

IF WE CAN HAVE A PEACEFUL

SOLUTION THAT'S GOOD.

IT'S POSSIBLE THAT THAT

WON'T HAPPEN.

BUT THERE HAS NEVER BEEN A

STRONGER COUNTRY MILITARILY.

NOT EVEN CLOSE.

ED: LET'S TALK ABOUT WHAT'S

BEHIND YOU BECAUSE I HAVE

INTERVIEWED VARIOUS

DEMOCRATS ON THE SHOW AND

THEY WILL TELL ME THIS IS A

FAN TEAS.

THERE IS NO NEW WALL BEING

BUILT.

THEY HAVE SAID THAT.

>> THIS WAS NOT HERE TWO

WEEKS AGO.

SO THIS IS ALL BRAND NEW

WALL.

THIS GOES MILES UP THE

MOUNTAIN OVER HERE.

THIS GOES I MEAN YOU ARE

SEEING IT.

THIS GOES MILES DOWN THIS

DIRECTION.

ED: ABOUT 14 MILES SO FAR

JUST HERE.

>> THIS SECTION IS 14.

BUT WE ARE BUILDING MANY

THAT ARE 50 AND 40 AND 17

AND DIFFERENT AREAS WE ARE

BUILDING ON MANY DIFFERENT

SITES.

ALL UP AND DOWN ALONG THE

BORDER.

AND THEY GET HOOKED, IN

DIFFERENT CONTRACTORS BID IT

OUT.

THIS WOULD BE FAR TOO MUCH

FOR ONE CONTRACTOR TO BUILD.

YOU SEE THE LENGTH OF THIS.

ED: ABSOLUTELY.

ALSO HAVE YOU TWO LEVELS

HERE BECAUSE HAVE YOU 18

FEED OVER HERE.

>> THIS IS TIJUANA.

THIS HAS BEEN A VERY, VERY

TOUGH SECTION.

THOUSANDS OF PEOPLE ARE OVER

THERE TRYING TO GET INTO OUR

COUNTRY.

THEY CAN'T GET.

IN TIJUANA WE HAVE A DOUBLE

WALL.

THAT'S AN 18-FOOT WALL.

THAT'S THE BORDER.

AND THEN IF THEY GET OVER

HERE, THEY CAN'T GET UP THIS

WALL.

ED: I INTERVIEWED BORDER

PATROL AGENTS DOZENS CAN GET

OVER WITH LADDERS NONE OVER

THE 30 FEET.

>> WE HAD CHAMPIONSHIP

MOUNTAIN CLIMBERS AND TESTED

VARIOUS WALLS.

YOU HAVE TO HAVE THE SEE

THROUGH AVAILABILITY

OTHERWISE YOU DON'T KNOW WHO

IS ON THE OTHER SIDE.

THEY WEREN'T ABLE TO GET

OVER THIS WALL.

ED: ONE TOLD ME NO PRESIDENT

HAS BROUGHT THIS KIND OF

ATTENTION OR RESOURCES SO

NOW CAN I DO MY JOB.

THAT'S WHAT HE TOLD ME.

>> THEY ARE MAKING THE JOB A

LOT</