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Deadly Clashes In Gaza Test U.S.-Backed Ceasefire; Vice President Vance Returns To D.C. As Gaza Ceasefire Faces First Major Test; Government Shutdown Drags On For Nearly Three Weeks; Thieves Steal Priceless Jewelry From The Louvre; Thieves Steal "Priceless" Jewelry From The Louvre, FAA Reports Air Traffic Controller Shortages Across Country; Trump Defends Using Tariffs As Prices Increase For Consumers. Aired 7-8p ET

Aired October 19, 2025 - 19:00   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

[19:00:00]

JESSICA DEAN, CNN ANCHOR: According to Gaza hospitals at least 44 people were killed by Israeli strikes today. CNN cannot independently verify that number. Israel has withdrawn from parts of the enclave under the terms of the ceasefire deal. Questions still remain, though, over phase two. Sources tonight telling CNN Vice President J.D. Vance, U.S. envoy Steve Witkoff and Jared Kushner are all expected to travel to Israel.

Let's bring in CNN's Betsy Klein. Betsy has been with the president, who has been in Florida over the weekend.

Betsy, what are you hearing about the administration, how they're looking at this next week?

BETSY KLEIN, CNN SENIOR WHITE HOUSE CORRESPONDENT: Yes, Jessica, it's a very critical week going forward. And there have been so much hope at the White House as President Trump unveiled phase one of this ceasefire deal between Israel and Hamas. But also the understanding that any peace deal in this region is going to be a very fragile peace deal. And there is still a long road ahead.

And the White House watching developments this weekend extremely closely as those two Israeli soldiers were killed, Israel subsequently launching airstrikes. But for now, both sides recommitting to that ceasefire and looking ahead to next steps. A U.S. official tells me they are focused on implementation of phase one of this deal, and they are also working vigorously with their partners in the region.

And to that end, Vice President J.D. Vance leading a delegation to Israel in the coming days, according to multiple sources familiar with the matter. He will be joined by two of the key architects of that peace deal, special envoy to the Middle East Steve Witkoff, along with the president's son-in-law, Jared Kushner, where the three of them are expected to work very closely with Israeli officials and others on phase two of this peace deal.

And that is where some of the thornier issues come into play, including Hamas disarmament, as well as the question of the future of Gaza and who is going to govern that war torn enclave. President Trump was asked about his plans to redevelop Gaza in an interview taped earlier this week that aired this morning. Take a look.

(BEGIN VIDEO CLIP)

MARIA BARTIROMO, FOX NEWS ANCHOR: In the past you've said Gaza could be beautiful. It could be developed. And you said you wanted to develop it.

DONALD TRUMP, PRESIDENT OF THE UNITED STATES: Yes. We develop --

BARTIROMO: Do you have any plans for that?

TRUMP: Not me as an individual. What --

BARTIROMO: The U.S.?

TRUMP: I liked it as like freedom place. You call it freedom place. And we would get all of the people that live there into decent homes throughout the region. Look at Gaza. I mean, you know, there's nothing standing. The whole thing is -- it's all rubble. So it's not too hard to top that. And we build houses and it would be paid for by the wealth of the, you know, the wealthiest countries.

(END VIDEO CLIP)

KLEIN: President Trump also told FOX News that there will be what he referred to as a board of peace focused on that redevelopment, and that he has been asked to be chairman of that board. But as the events of the last 24 hours demonstrate, there is clearly a lot of work to do before that development can take place -- Jessica.

DEAN: All right. Betsy Klein, with the latest there in Palm Beach. Thank you so much for that.

We also just heard from the vice president at Joint Base Andrews on this. Let's listen to what he said.

(BEGIN VIDEO CLIP)

J.D. VANCE, VICE PRESIDENT OF THE UNITED STATES: I appreciate you coming out there with us. I thought we had a great visit with the Marines. They were obviously excited and I was very excited, too. But have to take a few questions before you hit the road.

UNIDENTIFIED REPORTER: Mr. Vice president, are you going to Israel?

VANCE: We might. We're trying to figure it out. Obviously we're going to go and check on how things are going. And I think somebody from the administration is certainly going to be over there in the next few days. It might be me, but we're going to figure out how to travel there.

UNIDENTIFIED REPORTER: How confident are you that this truce can hold given the events in Israel and Gaza over the last 24 hours? VANCE: Well, look, it's going to be complicated. I mean, the best-case

scenario, meaning if this thing absolutely produces that sustainable long-term peace that the president and I hope that it will, they're going to be fits and starts. There are going to be, you know, Hamas is going to fire on Israel. Israel is going to have to respond of course. There are going to be moments where you have people within Gaza where you're not quite sure what they're actually doing. So we think that it has the best chance for a sustainable peace. But even if it does that, it's going to have hills and valleys, and we're going to have to monitor the situation.

UNIDENTIFIED REPORTER: Mr. Vice President, a couple of questions on Venezuela. And when it comes to one of the latest strikes, the U.S. is repatriating the two survivors, why does the U.S. feel that it's necessary to repatriate these survivors and not bring them back for prosecution?

VANCE: Repatriating, meaning, sending them to Ecuador?

UNIDENTIFIED REPORTER: That's unclear. I'm not entirely sure.

UNIDENTIFIED REPORTER: Ecuador and Colombia.

UNIDENTIFIED REPORTER: Colombia and Ecuador. But why are we repatriating them rather than bringing them back and charging them?

VANCE: Well, look, our main focus is obviously to blow up these boats that have narcotics on them. And we're extremely confident that when we take out one of these boats, it's a boat that would have really terrible poison that would kill tens of thousands of Americans. When these actual boats get blown up, sometimes there are survivors.

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And I think the secretary of State just makes a decision depending on what the scenario is, whether we're going to send them back home, whether we're going to prosecute them in the United States, or whether we're going to work with allies to bring them to justice. But we're certain these guys are narco terrorists. What we do with them from there, just as with any other conflict, depends on the realities on the ground.

UNIDENTIFIED REPORTER: If they're alleged war criminals, though, shouldn't they be prosecuted as war detainees in the United States?

VANCE: Well, look, if you look at the war on terrorism, you look at any other global conflict, what we do with combatants in those wars depends very heavily on the circumstances on the ground. Sometimes we cooperate with allies. Sometimes we bring them back to the United States. Sometimes we take them elsewhere. That's exactly how we're handling this. Just on a case by case basis.

But again, it's important for the American people to recognize these are narco terrorists who are trying to bring poison into our country and kill our citizens. What happens to them? I don't really care, so long as they're not bringing poison into our country. UNIDENTIFIED REPORTER: The president said today in this interview with

FOX News, that he has no hard timeline for the disarming of Hamas. If there's no hard timeline. just how can you guarantee that Hamas will disarm at this point?

VANCE: Well, the president is actually making a very important point here, which is that we don't actually know even what the reality on the ground is there. And we talk about Hamas, you're talking about 40 different cells. It's disjointed. Some of those cells will probably honor the ceasefire. Many of those cells, as we saw some evidence of today, will not. Before we actually can ensure that Hamas is properly disarmed, that's going to require, as we know, some of these Gulf Arab states to get forces in there to actually apply some law and order and some security keeping on the ground.

So I think it would be kind of absurd for the president to say, well, Hamas is going to be disarmed there or four days from now. We don't even have the security infrastructure in place, meaning the Gulf Arab states, our allies, don't have the security infrastructure in place yet to confirm that Hamas is disarmed. Until you actually go a little bit down the path of this peace mission of this 20-point peace plan, we're not going to be able to say with confidence that everybody is doing everything that we want them to do.

UNIDENTIFIED REPORTER: Mr. Vice President, how -- changing the gears to Ukraine and Russia, how confident or optimistic are you that something could start to be done along those lines as well?

VANCE: Well, look, the president has been working at this, the entire team has been working at this for eight months. We're going to keep on walking down the pathway of peace. Whether it takes us another few months, another few weeks, or, God forbid, longer than that, we're going to keep on working at it. How confident am I that this is going to get wrapped up? I feel optimistic, I would say that, but the timeline is anybody's guess.

UNIDENTIFIED REPORTER: Will the U.S. give Tomahawk missiles to Ukraine?

VANCE: Well, I mean, the president --

(END VIDEO CLIP)

DEAN: That was Vice President J.D. Vance there at Joint Base Andrews in Maryland, making his way back to Washington, D.C., talking very -- at the top of that about what's going on with Israel and Hamas. He says that the ceasefire is the best chance at sustainable peace, and described it as hills and valleys that we're going to encounter along the way. He just says that he wants -- that the best thing to do is to monitor that and then he said he might be going to the region. Our reporting indicates he is going to the region.

I want to bring in CNN military analyst, retired U.S. Air Force Colonel Cedric Leighton.

Colonel Leighton, thanks so much for being here with us. We just heard from the vice president there on where he sees things standing right now. Where do you see things standing right now?

COL. CEDRIC LEIGHTON, CNN MILITARY ANALYST: Yes. Jessica, it's good to be with you there. There are several factors in this, but I think one of the key things is that this -- in this particular moment in time, it's pretty clear that this ceasefire is basically a bit tenuous at this particular point in time. When you look at the way in which Hamas is responding to various efforts by the Israelis, they're being a bit more aggressive than they were just a few days ago. Of course the consequences of that are that the Israelis are basically taking them out, at least so far that's what's happening.

And it's creating a situation where there's clearly not a durable peace at the moment in Gaza. So it's a very difficult, tense moment where things could go either way. But at the moment, the ceasefire is still there. But it could very well break down if this type of -- these types of actions continue.

DEAN: And Israel says Hamas attacked Israeli forces with rocket propelled grenades and sniper fire. That then prompted the deadly strikes on Gaza. We should note that that attack on Israeli forces killed two IDF soldiers, and that was kind of some of the back and forth today. How much control does Hamas have right now? They've said that no, no, no, we're, you know, we didn't do that. But how much control do they have?

LEIGHTON: So technically they have about 53 percent of the territory under their control right now. But what that also means is that as actually the vice president was just mentioning, there are several different cells of Hamas in operation around 40 or so, as he said.

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So there is basically this situation where there are elements within Hamas that are abiding by the ceasefire. There are elements that are not abiding by it. Hamas has, in essence, they've got to work through some internal politics to make sure that they are doing what their leadership says and whether or not their leadership says they need to be in compliance with the ceasefire. That then will determine what the majority of those cells does. But it doesn't mean that certain parts of Hamas aren't going to act on their own. And I think that's what we're seeing right now.

DEAN: We also learned tonight of another U.S. Military strike on a boat allegedly carrying drugs in the Caribbean. And this one Defense Secretary Pete Hegseth says it was affiliated with a Colombian terrorist organization. What are your thoughts on this strategy? Again, the vice president was just talking about it as well on what they're doing in the Caribbean with these --- with these boats.

LEIGHTON: Yes, this is a very difficult area for the administration to get involved in because there are so many different players. And on the surface, it looks like there is one big narco terrorist group that is sending drugs into the United States. But that's actually not the case. So there are narco trafficking groups. There are several of them. The most infamous one at the moment is Tren de Aragua, which is based in Venezuela. But there are other groups that are based in places like Ecuador and

Colombia and in other countries, and right now we're getting into an area where there's this mix of different players, and I don't think it's really well understood by the administration exactly who these people are and how much they -- each one of these groups is actually sending in terms of drugs into the United States.

So that would be a critical thing to do. And what they're doing right now is they're basically blowing everything up that they see. Every now and then they'll get, you know, some survivors of these actions, like those two that just over the last few days, one of whom has been repatriated. That is not sufficient to get a real intelligence picture. And that's what we need right now, because the situation there is ever evolving. It's ever changing.

And we really need to have a really clear idea of not only who the players are, but how impactful those players are and which ones we really need to take action against. And I don't think that's happening at the moment.

DEAN: OK. Colonel Cedric Leighton, thanks for joining us. We appreciate it.

LEIGHTON: You bet. Jessica.

DEAN: Still ahead, the government shutdown stretching in now to its third week with both parties dug into their own positions. As the Senate gets back to business tomorrow, we look ahead to see what we could see on Capitol Hill this week. And seven minutes. That is how long it took thieves to steal priceless art from one of the most iconic museums in the world while it was open in broad daylight. We talk to an expert about how these thieves pulled it off and what it will take to catch them.

(COMMERCIAL BREAK)

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DEAN: The government has been shut down for nearly three weeks now. Yet Democrats and Republicans still no closer to a deal. Both sides still blaming each other. This is what leaders of both parties said earlier today.

(BEGIN VIDEO CLIP)

REP. MIKE JOHNSON (R-LA): I refuse to allow us to come back and engage in anything until the government is reopened. When the Democrats do the right thing for the people. They're playing politics, and we have to use every ounce of leverage we have to make sure they do the right thing.

REP. HAKEEM JEFFRIES (D-NY): We need to reopen the government, stand by our hardworking federal civil servants. But we also, of course, have to decisively address the health care crisis that Republicans have visited upon the American people.

(END VIDEO CLIP)

DEAN: "New York Times" White House correspondent Luke Broadwater is joining us now.

Luke, thanks for being here with us on a Sunday evening. How would you say President Trump is viewing how Republican leadership has handled all of this?

LUKE BROADWATER, NEW YORK TIMES WHITE HOUSE CORRESPONDENT: Yes, I think President Trump is feeling pretty confident and unbothered during the shutdown. It's a very different approach than previous presidents have taken the shutdowns. Many times they want to get everyone in the room quickly and end the shutdown as quickly as possible. But President Trump's approach has been to use the shutdown to carry out his agenda.

He's taking care of the people in government that he thinks should get paid, like people in the military and law enforcement. And he is trying to inflict as much pain on the Democrats' priorities as possible. And they sort of have a list of Democratic programs and grants and funds that they are cutting in response to this shutdown.

DEAN: And so talk us through how Republicans are messaging around these firing the federal workers. There has been some shift around how they're talking about it? What have you noticed?

BROADWATER: Yes. So I do think the firings of the federal workers is one point where you may see some disconnect between the Republicans on Capitol Hill and budget director Russ Vought and President Trump. You know, President Trump and Russ Vought are saying that these layoffs may go north of 10,000 federal employees. They're arguing that this is all sort of, you know, Democratic programs or the fault of the Democrats.

But as you lay off more and more people or at least attempt to and some courts are saying that these layoffs may be illegal, you're going to get some pushback from the constituents from the representatives and senators who represent these very government workers.

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If they're getting angry calls saying, you know, so and so was laid off, was a model employee, you're going to start seeing some pushback even within the Republican Party to those layoffs.

DEAN: Is your sense that the president is OK and comfortable with this going on a very, very long time?

BROADWATER: Yes, that is my sense. We are in the third longest shutdown in history. I don't see any reason why it's not going to be the longest shutdown in history. The Democrats believe they have a winning issue on fighting for health care and fighting to extend the ACA tax credit so that people's bills don't quadruple or triple or double depending on your case. And those are real bills that are -- that are coming due to a lot of Americans. They're going to start seeing these notices come out. And on the other hand, President Trump, you know, the Republican Party

is not a fan of large government. And they're using this as a chance to cut government. So they -- in some ways, they almost see this as a opportunity. Now, look, there will come a time when there is some real pain if we start seeing flights, airline flights be delayed, if we start seeing more -- eventually they're going to run out of creative ways to pay the troops. Right? That may be a matter of weeks or months.

If we start seeing the troops start really missing paychecks, we see law enforcement really missing paychecks, eventually there's going to start being some pain, and that will force people to the table and have to negotiate, because there'll be so much outrage from the American people. But right now, President Trump has taken a number of steps that actually lessen the pain on key constituencies that are oftentimes his supporters. And so that has the effect of actually keeping the shutdown going longer.

DEAN: Yes. All right. Luke Broadwater from "The New York Times," thanks for that. We really appreciate it.

BROADWATER: Thank you.

DEAN: Still to come, a manhunt underway right now in Paris for the thieves who got away with priceless jewels after today's stunning break-in at the Louvre. We're going to talk to an expert on museum heists. That's next.

(COMMERCIAL BREAK)

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DEAN: Investigators are now searching for the thieves who broke into the Louvre during a stunning robbery just minutes after the museum opened for the day. Police say the thieves used a truck lift to break into an upstairs window in just seven minutes. They escaped on motorcycles with rare historic jewelry.

Visitors inside the museum then had to evacuate. One couple inside when it happened described walking past the gallery where that robbery took place.

(BEGIN VIDEO CLIP)

JIM CARPENTER, VISITING LOUVRE DURING ROBBERY: And we went right past the Apollo Gallery onto the level with the Italian paintings. And then another round of technical difficulties. And then off we went back the way we had come in past the same galleries and then back down the stairs. Lots of confusion. Lots of misdirection.

JOAN CARPENTER, VISITING LOUVRE DURING ROBBERY: That they would say --

JIM CARPENTER: And then they ran us all out.

JOAN CARPENTER: They would say go this way and that would be closed.

(END VIDEO CLIP)

DEAN: Anthony Amore joins us now. He's an art theft and museum security expert who spent 20 years investigating art heist. His book "The Rembrandt Heist" is out November 4th.

Anthony, thanks for being here with us. I think what is everyone's -- like everyone is talking about this story today. And so I, first, just as an expert in this, in this realm, what was your initial reaction to this -- to this theft?

ANTHONY AMORE, ART THEFT AND MUSEUM SECURITY EXPERT: Well, it's heartbreaking. You know, as a person who's protected museums for a few decades, you sympathize with the Louvre and the people that work there and care for these items and for the French people and all people frankly because the thieves who did this really stole important cultural patrimony, really did a disservice to the people, all for the sake of profit.

DEAN: Right. So because these are -- it's not even about the monetary value, which is astronomical, but it's also about the fact that they can't be replicated. The history that comes with these items.

AMORE: You said it perfectly. You know, many people miss that point and they wonder what is the dollar value, but the dollar value isn't what's important. It's the cultural significance of these items. It's not like they were ever going to be sold by the French government. So you said it perfectly. It's a great loss to the people.

DEAN: How difficult is it going to be to try to track these down, recover these?

AMORE: Well, you know, it's hard to say because information trickles out, but I think there are some encouraging signs here. First, you see that some of the tools that the thieves left behind may have some forensic evidence on them. I bet it does. The same for the crown that they dropped behind. Unless they were wearing gloves. But there was a vehicle that the thieves used that they tried to set a fire according to press reports.

And if they tried to set it on fire, one assumes that they knew that there was some forensic evidence inside that they wanted to destroy security forces. They were able to stop them, doing a really good job. And perhaps that vehicle will elicit some clues, even just where was it stolen from is a good head start for investigators. So there is some promise here.

DEAN: Yes. And two things. One, how typical is it for a heist to go down in seven minutes? That seems fast to me, but what would you say to that?

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AMORE: It's very typical. Through the course of my career, I've compiled a database that I constantly analyzed and I found that the normal curve has museum thefts between three and nine minutes. So, seven minutes falls comfortably within those parameters. So, it's not atypical, it's pretty common.

DEAN: Interesting and then there's the question of what these thieves would want to do or could even do with these jewels. What do they do with it? Do they try to sell them? It would have to be a black market, right, because they're so known and noteworthy.

AMORE: There's no buyers for these things. It's sort of similar to stealing a Rembrandt or a Vermeer or Picasso. Everybody knows that anyone you approach with these things, first of all, you're going to want a lot of money for them. They're going to understand just from press reports, that these things are stolen.

But unlike a painting, what scares me about this sort of theft is the idea that thieves could disassemble these cultural pieces, take a tiara, for instance and take all of the jewels out of it and sell it separately, which would be catastrophic but would be a way that money could be made.

So, the authorities have to act really quickly and perhaps the institution as well in enticing the thieves to come forward with these items and to return them as soon as possible.

DEAN: How, I mean, this obviously, I mean, look, this sounds like a, you know, plot to a film or something, but how typical is it that an institution like the Louvre has a theft like this?

AMORE: You know, these things at a famous museum happen a few times a year. But art is stolen constantly around the globe. And here in the west, you see, you know, thefts that never make the news, things stolen from people's homes or stolen from galleries or libraries that have really valuable holdings. So, art theft is very, very common.

But to see a place like The Louvre hit in addition to it being heartbreaking, it is sort of rare to see a major museum. But again, a couple of times a year you'll see a major institution hit, and there's no place in the world that's impenetrable, not just museums, anything.

So, everyone is vulnerable and the job of the security director is to try to reduce those vulnerabilities down to as close to zero as they can be.

DEAN: All right, Anthony Amore, thanks so much for your expertise, we appreciate it.

AMORE: My pleasure.

DEAN: It is a job with intense pressure and now also, without pay.

Coming up, how the government shutdown is affecting air traffic controllers. We're going to talk to the V.P. of one of the workers unions about that next.

(COMMERCIAL BREAK)

[10:37:26] DEAN: Air traffic controllers are feeling increased pressure as the government shutdown hits them on the job and in their wallets. On Friday, 10 FAA facilities reported staffing shortages in multiple cities and while the cause is not immediately clear, Transportation Secretary Sean Duffy says some workers are taking unscheduled time off to protest not being paid during this government shutdown.

Dan McCabe with the National Air Traffic Controllers Association is joining us now. Dan, thanks for being here with us. I think a lot of people are, you know, trying to understand how this government shutdown might impact them. And this is one key way that it's not just affecting air traffic controllers, but also the many passengers potentially who fly. Are the skies still as safe right now as they normally are?

DAN MCCABE, SOUTHERN REGIONAL VICE PRESIDENT, NATIONAL AIR TRAFFIC CONTROLLERS ASSOCIATION: Thanks for having me. Yes, they're absolutely as safe as they were a month ago and that is really a testament to the job that we do. Safety is something that we don't allow to change. You have safety, you have efficiency and we hold safety in the highest regard. And listen, there's days that you have weather. There's days you have construction. There's days that equipment may not work. There's days that you may be short staffed. The only thing you can affect there is efficiency and we will not let safety take a hit in any of this.

DEAN: What are you hearing from your members?

MCCABE: It's a tough time. We've seen this movie before with a 35-day shutdown, and it's difficult. Air traffic controllers do a very difficult job, it's a stressful job. The schedules are taxing, the training is difficult.

And listen, you're allowing outside stress to work its way into the control room. You know, there's no stress quite like financial stress. And the longer this thing goes on, people start worrying about deferring mortgages or paying for child care.

You may have someone who has a stay-at-home spouse, and a lot of conversations are starting to happen now at home about what are we going to do? How do we take care of the kids? How do we pay for the house? How do we pay for the car? And that is where this becomes a real problem for us.

DEAN: What recourse might they have?

MCCABE: Well, there are some institutions that are helping out with zero interest loans. There are obviously mortgage deferrals and these are all things that we've seen before in the previous 35-day shutdown. But right now, go to work, do your job as usual and let's hope that our elected leaders can get back to D.C. and get this government opened up, because that is the only way out of this as of this moment.

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DEAN: What would your message be to them tonight, to those leaders? MCCABE: We need to end this shutdown. By any means necessary we need to end this shutdown. This is not a sustainable thing. This is not something that we can do.

Air traffic controllers are too important -- they're very good at mitigating risk, that's what they do day in and day out. When you allow some other sort of risk to creep in and that be a controllers not on their A-game, maybe they're not sleeping well. Maybe they're thinking about this. You're introducing risk to a system that's risk averse. So, we need to get in the room and we need to end this shutdown today.

DEAN: And for people out there who fly either frequently or infrequently, we're now obviously getting into the fall. I think most people hope that this shutdown does not continue into the Thanksgiving holiday. But if we do head into kind of these busier seasons in the fall where people are flying more, what should people expect? Will there be differences?

MCCABE: You can expect that we're going to keep you safe for sure. But listen, the system has been short for over a decade. We've been talking about this. We've been warning about this. We have 10,800 fully certified controllers in a system that needs over 14,000. Somebody is on sick leave, and we tell people, if you're sick, stay home. That's why you earn sick leave. If you have a sick child, take care of your sick child. When you have facilities that are classically short, it doesn't take too many people having things all happen together that you end up with a staffing issue.

But staffing issues have been happening before the shutdown. They're going to happen after the shutdown. That's a way of life. Everybody is just seeing what we see every single day across this system. But what I will say is we're going to keep you safe.

DEAN: All right, Dan McCabe, thank you so much, we appreciate it.

MCCABE: Thanks for having me.

DEAN: Coming up, one of the country's top bankers is telling Wall Street and investors to look very closely at the books before investing your money. Why the head of JPMorgan Chase says there could be cockroaches lurking in the lending market after his bank lost millions in a bankruptcy. Stay with us, you're in the CNN NEWSROOM.

(COMMERCIAL BREAK)

[19:47:02]

DEAN: As Americans increasingly feel the pain caused by higher tariffs, President Trump is out today defending his use of tariffs, warning the U.S. could struggle for years if the Supreme Court ends up striking them down.

(BEGIN VIDEO CLIP)

DONALD TRUMP (R) PRESIDENT OF THE UNITED STATES OF AMERICA: We are building up something that's unbelievable and a big part of that are tariffs, because they don't want to have to pay the tariffs because it's so unsustainable that they come and build the pharmaceuticals and the chips and all of the things that are coming into the United States, and they're building them. It's a miracle what's happening.

We are building the greatest country in the world economically, the greater than we've ever been before. But we do have a big decision and that decision is coming up in the Supreme Court. And again, this is being fought by radical left lunatics that don't even know what they're doing. And people that represent foreign countries that have taken advantage of us for years.

You know, tariffs have been used against the United States for years and it would always bother me so much. I'd look and I'd see, I'd say, how can they allow this to happen to our country? We lost 55 percent of our automobile business because of the fact we didn't use tariffs. Had we used tariffs, we wouldn't have lost anything.

(END VIDEO CLIP)

DEAN: Meantime, U.S. stock futures are trading slightly higher tonight after a busy week on Wall Street. U.S. stocks have been near record highs. So it made big headlines this week when JPMorgan Chase CEO, Jamie Dimon warned about a possible cockroach in the U.S. economy.

Here's CNN's Matt Egan on how Wall Street got a little skittish after the influential CEO said there may be trouble lurking in the lending market -- Matt.

MATT EGAN, CNN SENIOR REPORTER: Yes. Jessica. beyond the confusing trade war and the slumping job market, a new worry has emerged in recent days. Bad loans going bust. Back-to-back bankruptcies last month in the auto industry have left some investors wondering what else is lurking on balance sheets and what would those loans look like in a potential economic downturn?

Now, count JPMorgan CEO Jamie Dimon is among those who are concerned that perhaps too much money has been lent to too many weak companies. Take a listen to how Dimon talked about these recent bankruptcies.

(BEGIN AUDIO CLIP)

JAMIE DIMON, CEO JPMORGAN CHASE: My antenna goes up when things like that happen and I probably shouldn't say this, but when you see one cockroach, you've probably more, you know, and so, everyone should be forewarned on this one.

(END VIDEO CLIP)

EGAN: Now, many on Wall Street were caught off guard last month when a subprime auto lender called Tricolor suddenly imploded. JPMorgan lost about $170 million on that bankruptcy. And then just a few weeks later, there was another bankruptcy. Also in the auto industry, with parts supplier, First Brands filing for bankruptcy.

Now, investment bank Jefferies has been caught up in that incident. Jefferies' share price has been falling significantly as the bankruptcy of First Brands has really shaken investor confidence. Now, Jefferies has responded by saying one, they can easily handle any potential losses here, and two, they pointed out that there are allegations that the First Brands' bankruptcy is linked to fraud and that the U.S. Justice Department is reportedly investigating.

Still, though, these fears have spread beyond Jefferies, with Zions and Western Alliance, two regional banks saying that they lend to businesses that defrauded them too, leading to significant losses.

[19:50:31]

Now, market veteran Michael Bloch, he told me that everyone is just waiting for the next shoe to drop. He said it's possible that this is just a false alarm. It's also possible that where there's smoke, there's fire, and it's easy to dismiss this as just a Wall Street story. But this is an issue for Main Street, too. These bad loans and these bankruptcies, they are linked to the struggles of many on Main Street, where hiring is low, prices are high. And yes, some people are falling behind on their car loans.

And look, if there's further losses for banks, that's going to give them less firepower to lend to healthy consumers and small businesses at the heart of the economy. So, hopefully these bankruptcies, they're just isolated incidents and they're not the first shoes to drop in a more serious problem.

Back to you, Jessica.

DEAN: All right, Matt Egan, thank you for that. We'll be right back.

(COMMERCIAL BREAK)

[19:56:06]

DEAN: New tonight, an artillery shell exploded over a major California freeway during a live fire demonstration this weekend celebrating the Marines. The California Highway Patrol says a shrapnel hit and damaged one of its patrol cars, where they stopped traffic for the live fire exercise. It was attended by Vice-President Vance. The I-5 highway is a major corridor between Los Angeles and San Diego. California's Governor Gavin Newsom closed part of the highway for hours, criticizing the military's choice to fire live rounds over an active freeway, while military officials insisted it would not be dangerous.

A California Highway Patrol official called it highly uncommon. The Marine Corps says it is aware of the report and is investigating.

Newsom said in a tweet tonight, "We love our Marines and owe a debt of gratitude to Camp Pendleton, but next time, the Vice-President and the White House shouldn't be so reckless with people's lives for their vanity projects."

At least three people were shot at Oklahoma State University earlier today. Police say that shooting happened after a group of people showed up at a residence hall after attending a large private party off campus. We know three people were taken to the hospital. According to university police, one of the victims was known to be a student at the college. Police are still looking into what caused the shooting, but said there is no ongoing threat to anyone on campus.

And an Air China flight was forced to make an emergency landing yesterday after this, a lithium battery inside a passengers carry suddenly catching fire. The flight crew was able to put out the fire. No one was hurt. Air China arranged for another plane to continue the journey and this happened just months after China's civil aviation administration introduced stricter regulations about the types of power banks that can be carried on board.

The new CNN Original Series takes viewers around the world with award winning actor Tony Shalhoub to discover how bread brings people together. And in this week's episode, Tony brings viewers in -- takes viewers to rather the seaside town of Marseille in the South of France. And I sat down with Tony to talk about his family's unique connection to that destination.

(BEGIN VIDEO CLIP)

DEAN: In this episode, you take us all to Marseille. What were your impressions just generally being there?

TONY SHALHOUB, AMERICAN ACTOR: I mean, just from the first moment of arriving, it's so beautiful. It couldn't be more picturesque. The thing about Marseille is, because it was this port for hundreds of years, it is a melting pot. Immigrants came through there like my dad and were processed on their way to other points, right, from everywhere, from the Middle East, from other points in Europe. There's a fusion of different kinds of cuisines.

I thought it was just fascinating and not to mention, we were able to explore a little of the history of my father coming through.

DEAN: So, I want to talk about that. So, your father immigrated from Lebanon via Marseille, is that right?

SHALHOUB: Right, they came on a boat from Beirut. This is way back post-World War I, 1920. Like so many immigrants, they had to come first to Marseille. I was thinking about what it must have been like for my dad. He was only eight years old and he was just traveling with his siblings, his parents had passed away.

In the old country, and here he is in a strange place eating what he remembered as being the best food of his life and on this incredible adventure, just kind of walking those streets and tasting that French bread like he did. It was quite moving.

DEAN: I'm sure it was and one of your daughters was with you?

SHALHOUB: Yes, my daughter Josie accompanied me to Marseille. She's always been kind of a Francophile and a foodie. It was great having her there because she never met my father. So, for her to uncover and discover the stories about him and his family, it was beautiful.

(END VIDEO CLIP)

DEAN: It's such a delightful show and it takes you all around the world. And Tony Shalhoub, as I've said, is a gem of a human, so it is really fun to watch. You're going to get to see a re-airing of the series premiere "Tony Shalhoub Breaking Bread" up next. That one is in New York City.

That's going to be followed by a brand new episode, the one we just previewed at 9:00 P.M. Eastern and Pacific. That one, as we noted, is in Marseille. Again, just a really fun way to close out your Sunday night.

Thanks so much for joining me this evening. I'm Jessica Dean. I'm going to see you again next weekend. Have a great night everyone.