will ask john boehner what he believes he will be able to accomplish in that 100 days and what his plans are for the next 20 months. stuart over to you. have a fantastic weekend. stuart thank you maria. the go pro chief the new face of inequality? good morning everyone. we probably helped him take all that money. sensational go pro videos have created free publicity on this show. he was awarded 4.5 million. inequality. another multimillionaire trying to change her image. hillary clinton wants to be known as just a regular american. pictures of her carrying her own luggage. disney will release a new star wars this christmas. harrison ford is back and disney stock pops.

yes, everybody it is friday. listen to this. it looks like i will be a grandfather again did this weekend. twice over. twins. don't worry. i will make it through the show. varney & company is about to begin. ♪ down 260 points. europe is hurting us today. greece doors are closing. no more cash and no more time to pay. lead the government money in switzerland or germany and may keep some of it and they do not pay you any interest at all. wall street does not like it. down we go on the stock arc appeared gassed up $0.02 overnight. come on in after the hard in

chicago. i was expecting the gas price to plunge. obviously, it did not happen. how high are we going with this one? >> i was a little disappointed in the market this week. only a small 2 million arrow increase. oil prices went way up and now gas prices are following. >> we are still down about $1 from where we were this time last year. the real question is, if we go up a nickel in the next week, what is the prospect for summer driving? what do you think? >> the white whale has been going, it has been all over the map. with that volatility it has

been a little difficult to break it down exactly where we will be this summer. a few days ago the prices as low since 2005. two dollar range. stuart: okay. we feel better about that. did $2 range. one last point. you are saying that the whole thing, the price of gasoline is directly pegged to the price of crude oil. >> i would not say that it is directly pegged. obviously, you will have a reaction in gasoline prices. a lot of the gas stations across the country are not adjusting their prices as significantly every day. motorists are not really

realizing it until you see a period of big increases. now, they are starting to realize it. stuart: thank you for joining us patrick. we have dealt with the markets. we have dealt with the price of gas. >> five stores. the stores are temporarily closed. texas, florida california and oklahoma. plumbing repairs. the store does plan to reopen every single location did our affiliate in los angeles tells us it is the threat of unionization there. the employees will have to reapply for their jobs. sixty days severance will be offered. walmart down 1.5% did cable à la carte. sort of. choosing the channels they want

to watch. and eminem. customers can call him they wish. news entertainment. sports. one step closer to actually cutting the cord all to get there, stuart. >> yes it does. it is a start. >> apple is coming up with something next. stuart: lauren, they give very much indeed. netflix. you will like this. one day after their big pop. 565. another reappoint $5. netflix tear. general electric. huge announcement. getting rid of the financial services business. they are staying at 27. now this.

terror front. this has become a daily update. another american wanting to join up with isis. in federal court today on charges that he planned to attack a military base or prison. next up, isis making significant advances. wanting a series of suicide attacks. not only is isis beheading christians they are now disintegrating the grade of christians. we have them on tape. judy i have to tell you a lot of people are just throwing their hands in the air. absolute chaos. most cities are in ruins. most economies are ruined themselves. >> we have to see it, stuart.

the region of our country hangs in the balance. 2001 looking like a time of utter calm. no country will be a haven for terror. now you have yemen being destabilized. al qaeda has taken over towns. you have a battle of two radical terrorists happening in the middle east. by the way on top of that is this game of thrones. it is so much chaos. we are completely missing in action. stuart: it will be decades before we get out of it. the ruin of all these societies. millions of refugees displaced. you cannot come back from this and then immediate future.

>> you are right. you see a mass exodus of christians. disruption. sunnis in syria. there is a complete disruption of any future. unfortunately, we are seeing language coming out of josh ernst and month ago. the counterterrorism strategy is supposedly a model. l shabazz was assassinated christians. the bizarre language. it is horrific. stuart: tell us about how american must owns feel about this. >> american muslims feel like we are on our own.

him how he had been victimized for decades because of the date hater ships. now all of a sudden they are having revolution. they are getting much worse. they are being decimated while we are trying to have rubberized asian. this administration shaking the hands. stuart: real fast, to american muslims, overall want to put boots on the ground? >> they see america as the only hope for freedom and liberty. they will be dominated i evil in iran. they feel that without hope from the west, there is no hope for any moderation within our state. stuart: are you in a tiny

minority? >> the only one eye and then is the one willing to stick our heads out and be verbal about what the problem is. a huge vacuum of leadership coming out of washington. stuart: i think you are a brave and. thank you for being on the program. chris christie planning to reform social security. he has his own take on redistribution. of course, so do we. the new star wars trailer. the movie comes out at christmas. we will show you more of this in a moment. ♪ and eminem

or go

♪ stuart: two familiar faces right there. yes, that is right. a new star wars movie coming. a lot of buzz just from the trailer. it popped yesterday. charlie kirk is here. i went to see that movie in 1977 in san francisco. >> incredible. forty years together. three different generations. stuart: harrison ford. >> right. the whole star wars saga. you remember when star wars first came out and 77. there are teenagers that have never been exposed to the star wars craze.

stuart: how much of ford is cool? >> he looks pretty cool. he has not aged a day since 77. it is somewhat realistic. i am being facetious. stuart: you are just coming into the conversation. i have not introduced you. >> he is right. so are you. stuart: that is a good start. chewbacca. >> the walking carpet. the furry guy. the politically correct term. stuart: tell me, is it -- have we got a picture of that? >> a repainted it. stuart: we can conclude that it will be a success. >> i would think so.

>> case closed. stuart: i will get to in a second. time is money. i will be a grandfather twice over this weekend. reporter. caught on camera. the raging a target a tendon. suspended from her job for a week. showed what you do outside of work hurt you at work? good question. we will discuss. congress voting to repeal the debt tax. my opinion is it will never happen. pat boone will try to convince me that it will. john stossel says there is a war on christianity here at home. 11:52 a.m. john stossel. chris christie jumping right on to the third rail of social politics. social security reform.

reduce benefits if you make $80,000 a year in retirement. cut them entirely if you make 200 grand. interesting. he is a republican. that is a form of tax the rich. tammy joined us in new york city. welcome. >> budget to be here. stuart: tax the rich. i do not like it. >> politicians that manage the monster. i am not a republican or a democrat. i see individuals that have invested in the system and do not want their failure spending the money on things. suddenly my column will be like this on monday, it is always about what the average american will have to sacrifice. raising our retirement age. you have to average life expected to.

tens of thousands of dollars in those few years. you have lois lerner getting her pension. $50,000 a year. why don't we start going to, if we will have needs testing why don't we start testing the people that start these problems in the first place. politicians and bureaucrats. stuart: that will not happen. >> what they are suggesting for us. they are the ones taking the decision. the burden is on us. what i am suggesting is, if we will do this testing why don't we set it on a different group of people. it highlights the progress he. stuart: they do not want social security either. what are you 21, 22? >> is reforming social security

popular? the democrats have a grassy air campaign. can republicans successfully can this be a politically popular stock speech in iowa and new hampshire higher? i think that that is what christie is questioning. stuart: jumping right in on a very difficult subject right of front. >> i think that it is not popular because it is not fair. we want to do everything that is fair. the american people were told something in 1935 and they were like two. there is no trust fund even though it is labeled as a trust fund. bottom line is they took our money. they spent it. they created a pyramid game. other layers of the pyramid paying in for other people. just yesterday we were told by dhs that over half a million

illegal americans were given social security numbers within the last couple of. what they are trying to hide is a failure and collapse of social security. americans will have two deal with this. let's start taking the money from the people who start the problem. not the american people that have been like to all these years. stuart: hillary clinton rolling a suitcase through newark airport. she is trying to look like one of us. >> yeah. wow. stuart: this is an uphill struggle. >> i worked on the campaign in 1992. now some of the richest people in america. if you have to make a point out looking like you are everyone else you are not. we expect the president of the united states not to be us. if the president will be us, we

can be the president. we do not mind ambitious rich, successful people. we are simple people. we do not understand her. that is hogwash. we want honesty. we are tired of the lies. stuart: i do not think america today with specs access and wealth. with the climate of opinion established by barack obama is one of jealousy and anger at the rich. >> he wants to perpetuate that. the bottom line is, everyone wants to be successful. i do. you do. we know that that is the future. that is the way to control the future for our families and keep them safe. hillary, misjudging the american people. misjudging what we think is important. stuart: i was surprised.

>> thank you. i appreciate that. stuart: what is your opinion on twins for me this weekend? >> i think it will be a fantastic future. two for the price of one. stuart: grandchildren. >> even more fun. stuart: i am in trouble. thank you very much indeed. next espn reporter caught on camera chewing out a parking attendant. she gets suspended for work. in today's world you are always on camera, you know. should you be punished at work for something you do in your private life? >> do you feel good about your job? a college dropout doing the same thing. i have a dream and you don't. ♪

stuart: reports of a car bomb exploding outside the u.s. consulates in the northern iraqi city just coming across the wires from the ap. we are on it. look at ge, the only one of the dow 30 stocks.

gee east dock is up reporting higher profits and as you remember is becoming a purely industrial company, that is a big deal. ge moved up 27 and holding at 27. espn reporter brent mchenry suspended, on tape, for rating a parking lot employee. >> it is stunning. lose some weight. stuart: a little nasty. charlie curran, let's go to the principle first of all. should someone be penalized for of work behavior? >> if they aaron a publicly centric role, she is a personality should be held to law higher standard. the woman she was interacting with said you are on camera and she looks at the camera takes a

second and continues to insult and continues to be reached the individual. this is an excusable. espn relies on her to communicate with people as her profession, she should be disciplined and questionably released. stuart: i think if your behavior brings your employer into disrepute and she did bring espn into dispute -- this review the suspension of one week is legitimate and valid. >> the other person acted like that somewhere else, what is the big deal? this is a public figure who has to hold a company standard. is a publicly traded company, subsidiary of disney she has to act better than that. stuart: definitely. then you have a death tax, the house voted to repeal, the house voted to repeal it. that is a symbolic gesture. i don't think we will really abolish the death tax, do you?

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stuart: look at the big board we are down 260 points, well below 18000. problems in europe hurting us over here.

greece running out of time and money at negative interest rate problems too. price of gas up $0.02 overnight going back up again $2.43 is your national average. the house says kill the federal estate tax. why are they doing that? ordinary people get swept into it and lose their assets and businesses. it doesn't affect the super rich, they get out of it. congressman roger williams republican from texas, we'll have a personal story about the estate tax. take us through it please. >> my father started our business in 1939 small business i lost both my parents in the late 80s and i was the only error of the business. shortly after they passed away the irs was in my office saying here is your tax bill and it was a sizable sizable bill. i didn't have the ability to pay it. i had to consider actually

taking bankruptcy in the business that employed 400 people who were profitable. i was able to sit down and work a situation now where i paid my taxes over a 20 year period which could have gone to help the people reach their goals. stuart: that is the big objection to the estate tax, that it sweeps in like farms and small businesses which were built up over a lifetime and get hit with the estate tax. your response -- you are a sponsor of this bill. >> i and was anxious to sponsor it because traditionally it has always been the money granted is double taxation and you are pulling money out of the private sector that could go back to create jobs and we don't know where is going. stuart: president obama will veto this.

i am pretty sure he would. with nt? >> i can speak for the president but he has spoken against it but it was a good thing to get it out of the house yesterday. i think he will pass in the senate and let's see what president obama thinks of it. stuart: in principle most people would agree with you. in practice i don't think we are ever going to see the estate tax go away. president obama will veto it and if you did get rid of it at the federal level the states would introduce their own much higher estate tax. i don't think you will ever go away. do you agree with me on that? >> i know in texas we don't have the tax and we get along just fine and i don't know but the fact of the matter is it is double taxation. a lot of democrats say it is a small amount of the population but doesn't matter if it is one person or a million people. is wrong and capital and could go into our economy it is a job destroyer.

stuart: the rich don't pay anyway they are surrounded by lawyers unless they die at a very early age as they say but there is an army of lawyers to protect the wealthy people of this country. stuart: >> there are countless stories like mine from family farms and small businesses and if you remember back in 2011 that was full-year you could die and not pay any estate taxes and one of the famous stories is george steinbrenner the yankees under passed away in 2011 and no telling what the that money has done to help people would have gone to the federal government otherwise. stuart: congressman roger williams we appreciate you being with us. charlie kirk, young man, what do you think? long way to go. >> i agree with everything the congressman said that president obama will veto it. this is a progressive cornerstone of their agenda. one of the big belief is you might get a successful as you want as long as we tax you

enough but you have to have checks and balances. i would rather see the house and senate use their energy and time to put forth a positive pro-growth agenda. i think the estate tax the perception that you are trying to preserve that authority. a pro-growth agenda creates new jobs and more forward thinking tight agenda and. that is the perception i get from young people and i am frustrated to see them spend on this bill that is going backwards and forwards. stuart: we hear the voice of youth. president obama's war on coal continues 12 states icing the epa, west region u one of those states. joining us from washington attorney general patrick morrisy. your soup is the power of the epa. you are saying they don't have the power to do what they are doing, that is the essence of it. >> that is right. thanks for having me on the program. this is one of the most important issues pending in

american politics today. what west region and many states of the news we sued the epa because we think they're trying to impose a radical transformation of american energy policy and they are doing so with weak legal authority. they do not have the authority to weigh in and literally reorder state's energy portfolios the way they are trying to do it and they are trying to use technical errors and tight popes and beagle gymnastics to justify it. we have gone in and filed suit and this is the first step of many. stuart: that is no problem. the first step of many because the greenys thrive in court and their agenda is no fossil fuel, certainly no coal. they will fight you to attend nail for years and years and years. you know what is coming. >> interestingly the obama

administration asked for $52 million in legal fees to defend the suit. their legal fears are fundamentally flawed. what they have done is taken something that everyone agreed was a legal error clerical error and now trying to breathe new life into it. and say this creates a conflict in the clean air act and the entire national economy with bold new proposals. this is something that ultimately will fail, and recognize there are procedural issues setting aside a proposed rule before it is finalized. and in west virginia across the country and power plants already beginning to look at moving away from coal which is problematic. stuart: hundreds of jobs we had them on this program. stuart: please come back and keep us up-to-date on how you

are doing. go pro's chief highest paid ceo in the land. this guy got very rich in part because of all the publicity we have to give him. we ran them up on this program. we are going to talk about it. he is 39 years old, 39.

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nicole: i am nicole petallides with your fox business brief. sox a been under pressure all day long the dow jones industrial average down 265 points, a loss of 1.5% in negative territory in 2015 sitting at a level of 17,834. the s&p 500 down 24 the nasdaq down 76 points, dow losers, american express, all losing 20 dow points all under pressure. american express down 4.7%. microsoft united health under pressure. ge the only stock in the green on the dow giving it ago has doubled up 1/2% after losing earnings down 3%. schlumberger will have to cut costs. that is what we have seen with

oil. they came up with their latest report back $92.63. more "varney and company" coming up. [ female announcer ] who are we? we are the thinkers. the job jugglers. the up all-nighters. and the ones who turn ideas into action. we've made our passions our life's work. we strive for the moments where we can say, "i did it!" ♪ ♪ we are entrepreneurs who started it all... with a signature. legalzoom has helped start over 1 million businesses, turning dreamers into business owners. and we're here to help start yours.

stuart: breaking news, reports of a car bomb exploding outside the u.s. consulate in the northern iraqi city, sources say the explosion took place near a

church gunfire, the latest we have on the breaking story outside the u.s. consulate or very near to a. go pro, nick wouldman. how much did he make? >> $284 million in 2014. and the stock that probably contributed to pushing it up and we do on this show. he has 4 million restricted stock units. that is where they are valued. if you add that to his $8,000 a year salary, his $1 million bonus, that is what comes out to the. must be nice. bernard: give me the number? >> $284.5 million. stuart: 39 years old. nicole: tough and fact, his dad gave him a $200000 investment so he could start the company. the $200000 is now worth

$280 million. stuart: he is going to be part of the inequality debate. she will be dragged into it whether he likes it or not. meet someone great guy with a great idea. the idea is online cable social network. jason swanson is the guy behind it with a great idea. welcome to the program. bear with me. i have to get this right. is a cable-tv delivered online. >> essentially a television service, low for people who want to watch their favorite cable programming for their tablet or cellphone. socializing with their friends. stuart: 246,000 people signed up already.

they get it free. in a few months time like in november you charge them. >> $6 for of 50 channel type of package. stuart: your programming that. >> different programming from different content providers we structured deals with domestically as well as internationally so excited about that. stuart: i am sure this is the future, you are from cord cutting. >> cord shaving. people we feel people who believe want to get content that they like to see, lifestyle content and channels they want to see in real time. stuart: the other side of the colonin i can watch two screens

side-by-side. >> you can watch facebook the platform is you can click on 30 other social networks in different countries, russia's facebook. stuart: why is that a big deal? >> it is a big deal. when i watch a television show or something happening live i have to look down from twitter and up to the tv but i'm pretty impressed, as a millennial this could take off. you could be looking at the next uber. i am a two screen guy. it is a hassle to look up and down. i am young you could be looking at a similar netflix what netflix was six years ago and uber was five years ago. i see the negative differentiation. bernard: when you have to have competition for doing the same thing. >> essentially what happens is because we are in a tv everywhere space and our demographic is the millennials

we like to call ourselves -- we like to call ourselves and an edge to the business model. the business model of streaming channels to be cellphone domestically and internationally. we are not competing with anyone but our competitive edge is the fact rican combine different interactive components where millennials purchase product in real-time. talk to you, grand dad. stuart: 79 countries so far. 236000 signed up. and they are testing it. >> testing it looking at the platform. "imus in the morning" when you got to charge him 6 bucks a month starting in november. >> the reason we charge people

we paid the cbn clause, the limelight, we have to basically feed the farm essentially so our millennials who want their favorite channels can see what they want to see and socialize. stuart: sounds like the two screen deal is the biggest. i am out of time. you can come back and tell us how you are doing in the fall. congratulations appreciate it. john stossel says there is no war on christianity here at home. did he get into it with bill o'reilly. expect more of this. >> your war on christianity, you're just a 10 foot tall crybaby. it is not so bad. christians are not being killed. >> no not yet. >> not in america and they are not going to be.

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roll tape. >> christian tradition in this country is under attack. >> america's bustle and religion. >> assault on religious liberties. >> is there a war on religion? this woman sells flowers to rob. >> he is very special to me. >> when rob mary the man. >> i couldn't do his flowers. >> government said she must. >> it is not about the money. is about freedom. stuart: this is a contentious topic. john stossel is here to contend on the issue. so you say there is no war on christianity. christians are not under pressure under threat in the united states. make your case. john: they are -- some are under threat but this war stuff we are hearing a lot of at fox i think -- 83% of the country is christian. stuart: maybe war is a strong word to use. this country is run by secular

human tests who don't have much time for people of faith and exclude people of faith from daily life and political life and public life. john: when 40% of the country goes to church, to say this is run by saddam the humanists, stuart: they run the media and politics and washington you have the power. john: i am happy we keep religion out of government and politics as much as we can. should be your private suites. that is why religion has thrived in america. in europe where the church of england ran churches religion has atrophied, 10% of people attend church. stuart: you like the idea of a market in religion. john: that happened in america. in 1776, 17% were church members, 35% by 1850, 48% now because different churches competed for members instead of sucking up to government. stuart: the atheists in our

society, small number of people but well funded are using air power within the court system to exclude religion from our lives ban it from the public place. cake away treasures. john: from a courthouse where if you're an atheist -- we have freedom to practice our religion as we see fit. it is not freedom from religion is it? john: put it on your property. why not in town square? >> you can't deny the power of the diaz in court. john: party power and they ought to have some power. stuart: going to be a good show tonight. 9:00 stossel. stuart: an explosion outside one of our consulates in iraq yemen calls to terrorism. up next a concerned veteran for

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stuart: more on the breaking news, we are told it is some kind of explosion that occurred outside the u.s. consulate in the northern iraqi city a major kurdish television station reports it is unclear whether it was a car bomb or a suicide bomber with out of vehicle. we are not sure at this point. there are reports of three people dead six injured. fox news has not confirm those reports. moments from now president obama may answer questions from the media. these topics may come up. another american accused of wanting to join up with isis, in federal court he planned to attack a military base or prison after allegedly traveling to syriac and training alongside

terrorists. isis making significant advances in the iraqi city of run body launching a series of suicide bomb attacks. hundreds of people, maybe thousands fleeing the city. not only is isis the heading christians but desecrating the graves of christians in mosul. they are on video tape doing it. concern veteran for america, did a great job outside fox. the middle east, absolute chaos all over the place broken economies cities in ruins we are losing of the war on terror. >> i agree. we are more choosing not to win it, not to do what is necessary to defeat the ideology and manifestation, the policies of these administration we retreated from iraq too quickly. >> you want to put american troops back in? >> in a strategic targeted way, not nation-building or boots on the ground, you could use advisers, special operators in

very decisive ways come as long as u.n. tied their hands and loosen the rules of engagement that in many ways limit what they can actually do to go after the enemy. we are fighting this war with one or two hands tied behind our back. if we put men 0 win in harm's way if they would have to be empowered to go to the enemy and to feed them. stuart: we are waiting for the president to appear. on minute ago. i want to ask this question. how do we oppose the terrorists ideologically? >> you have to be willing to fight the information war recognize the as radical islam and a manifestation of lot of people believe in. when they're losing it is not cool to be part of isis.

stuart: if i sought isis fighters retreating, hand in the air, prisoners, that is the best pr we could get. >> how about capturing a few guys and have some squeal about how they are not as dedicated and strong as people think they are or the 16-year-old kid in flip-flops. stuart: what you are asking for is a degree of aggression on america's part. this president will not sure that aggression. >> we are not decisively aggressive. the kurds want to take the fight isis but we won't given the weapons necessary to do so. we are not talking american boys that kurdish forces that want to take the fight on the offensive but we are not providing of weaponry needed an airline with the. stuart: do you think the american people want to see our guys in whatever numbers on the

ground firing guns in a anger in the middle east. >> not the way we were doing so before but there is polling, they wanted different strategy. stuart: hold on the president is about to speak. we will listen to what he has to say. >> please have a seat. it is a great pleasure to welcome my partner and friends to the white house. not many people know this but he came to the white house several years ago, back then he was the young dynamic mayor of florence. today he is the and dynamic prime minister of italy. people recognize he brought energy and a sense of vision to where he wanted to see his country go and see if a is an opportunity for me to return the

incredible hospitality the italian people showed me last year in rome, one of the great cities of the world. italy of course is one of our closest and strongest allies and any time italians and americans get together it is a chance to celebrate the bonds of history and friendship and family. as i said before i am not lucky enough to have any italian ancestry that i know of. but i consider myself an honorary italian because i love all things italian. the united states would not be what we are or who we are without the contributions of generations of italian americans. in rome last year matteo renzi went to the military symmetry in florence as a reminder of how or italians and americans may extraordinary sacrifices for the

freedom that we cherish. i am grateful for my partnership personally with prime minister matteo renzi. we have worked from rome to the nato gee summits, g 20 summit, he is deeply committed to our alliance moreover i have been impressed with the energy and vision and the reforms that he is pursuing to unleash the potential of the italian people and the italian economy. his willingness to challenge the status quo and look to the future has made him a leading voice in europe and we are seeing progress being made with respect to italy. so i thank you again for the seriousness and sense of purpose you bring to our work together today. this morning we focus on our shared security starting in europe. we agreed the international community needs to continue supporting ukraine with robust

assistance as it pursues economic and political reforms along with international partners, we strongly support the minsk agreements and both russia and the ukraine must fulfill all the obligations under these agreements. i thank the prime minister of italy's strong support for the international coalition against isil. italy by the way is one of the largest contributors of the visors and trainers to help build up the iraqi security forces in italy is leading the effort to ensure the area is liberated from isil's control or stabilized with an effective civilian police force. we also spent considerable time discussing our deep shared concern for the situation in libya where we continue to support you and efforts to form a unity government. given italy's leadership role across the mediterranean the prime minister and i agreed to work together even more

intensively to encourage cooperation on threats coming from libya including the growing isil present as well as additional coordination with other partners in how we can stabilize what has become a very deadly difficult situation. more broadly italian forces play a vital role from kosovo to lebanon to afghanistan. coalition forces continued to train and assist afghan forces and we want to make sure we transition responsibly as we complete our consolidation by the end of next year. i updated prime minister matteo renzi on the framework that we've reached with iran, progress toward a comprehensive deal that prevents iran from obtaining a nuclear weapon. until any final deal is reached, sanctions on iran must continue to be fully and strictly enforced.

that is what i talked about in the morning. after this press conference we will have lunch and that will give us a chance to focus on what is clearly the top priority of both our people, creating a strong inclusive economy that is creating jobs and opportunities on both sides of the atlantic. like me prime minister matteo renzi is a supporter of the trans-atlantic trade and investment partnership which would boost jobs and exports in europe and the united states and strong protections for workers and public health and safety and the environment. for now that congress is considering bipartisan legislation, negotiations must begin this year. the assessment of the ambitious economic reforms he is pursuing to make kelley moore competitive and reinvigorate the italian economy as a source of growth in europe and discussing europe's

effort to find have the build on recent reforms to return greece to grows -- growth within the euro zone. we will discuss the importance of all major economies taking ambitious action on climate change. during his presidency, italy's leadership, europe committed to new targets for reducing emissions. my work with matteo renzi is part of our continuing effort to forge a strong climate agreement in paris this year. i want to congratulate italy and the people of milan as they prepared to host the 2015 world expo that focuses on food, something it leno's something about along with line. the u.s. pavilion is focused not only on outstanding cuisine like italy's but how we feed a growing planet, combat hunger and malnutrition and how we put

healthy food on our tables and that is a cause that is close to michele's heart. we commend italy's leadership i suspect many americans visiting milan and sampling of the food and assembling the wine. matteo renzi thank you for your leadership in italy and europe and partners upon many pressing global issues. it is a friendship and partnership -- stuart: during the presentation by italy's prime minister which is about to begin we will break away and look at what the president said in the last few minutes as he was making his opening presentation. i picked up on one detail the concerned veterans of america the sanctions on iran would continue and he thanked the italians for the support with sanctions on iran until the iran deal is signed.

i think that is an important caveat. >> if they continue with sanctions the iranians don't want that. that is a deal breaker and the president is saying keep the sanctions until the deal is signed. i think there is a development there. >> until the deal is signed, what about after the deal is signed and what does that have to do with verification? we heard these rumors for quite some time that they are here to strike is the leather looking at willingness to get rid of sanctions immediately or front load them as opposed to a phased approach which you do to verify that iran is living up to the deal. stuart: a break away for one second, no impact on the market from what the president had to say in those few minutes of his opening presentation. the dow was down 240 and it is down 241 points now. i noticed also he said he thanked the italians for their support in building the iraqi army and thanked them for their support in helping to helped libya. that is pretty minor league

stuff. >> it is. the reality is italy's ability to project power is pretty minor league stuff. in order to pay for their welfare state they like so many european countries undermine their own military. libya is a former colony of italy so they have more investment and sway than others would. as the country descends into further chaos a manifestation of a bombing campaign with no plan to follow. hopefully italy with the relationships they have can be a power player. that to me seems like a strategic place where we might leverage gil morgan lee's influence. stuart: the president also said he thanked the italians for their support in ukraine and we will continue to support the government of ukraine. they made no mention of supplying arms to health and defend themselves. that is a key sticking point for a lot of people in america. again it is a very defensive, nonaggressive position. as the world is falling to pieces the middle east isis, terror and vladimir putin.

>> is quite clear this president is doubling down on that policy, digging his heels in and saying iran, for in the iranian deal ms. his ability to prove his critics wrong and show the engagement can truly work, with cuba. their only two countries we have a better relationship since his presidency, iran and cuba. he thinks engage in strategy can work in iran. a lot of us disagree with that. the rest of the world turns. the problem is you can't stop the momentum of everything else and in those cases his policies fail. stuart: i wonder where the american people are on this. they are not being led to a more aggressive stance in the middle east war against vladimir putin. are they happy with his defensive stance? we won't catch it? >> they are not. the polling they are not satisfied leading from behind and they don't want massive intervention with the presidential campaign will be an amazing opportunity to have a robust national security and foreign policy debate. on the conservative side from

lindsey graham to rand paul you have different perspectives on america's engage and tandem will be on republican candidates to provide real alternative that engage in a 21st century world without throwing. at every party. stuart: we will go back to this i will call it a press conference, we will back to it when the president starts to answer some questions from the media. in the meantime ashley pratt has been listening to what the president has to say. your take on what mr. obama has said? >> at this point with what is going on with iran, leaving congress out of it and congress coming to a bipartisan solution 19-zero vote, it is important to realize iran going nuclear would be a significant security threat for everybody else globally. nationally here in america and that is what congress is doing and he realizes there is democratic and republican support for this, to leave

sanctions the way that they are but the issue becomes when the deal is reached what is going to happen in this situation? do we let go of sanctions, sanctions them more? you have the prime minister saying something to the effect that we are not agreeing to anything without sanctions being lifted and those as we know were put in place by congress in 2010. stuart: as you heard from president obama he talked about continuing sanctions on iran until the deal is signed which implies maybe we don't have any sanctions. i worked with the wall street journal editorial board first thing this morning and two points emerged from lengthy discussions with the editorial board. the iranians are going to get a bomb. at some point they will get the bomb. the oversight congress now has announced to very varied little. is not real oversight. i will get back to you in the

second. what do you make of those points the journal made this morning? >> and iranian bomb is a geopolitical game change. an internal civil war has existed for a long time and saudi arabia will have the same technology along with egypt and the lot of other sunni muslim countries. you will see an acceleration with ramifications across the entire region. if the wall street journal editorial believes they will get it, that is troubling because in order to prevent it you have to find a real deal which this administration isn't pursuing or use military means which everyone says is on the table but no one really wants to do. that is what you might have to do to prevent an iranian bomb. stuart: i have to presume going on in the background these talks between the prime minister and president obama in the background they have to be dealing with serious issues like an iranian bomb and the vladimir putin threat. they have all this talk about

having nice food and wine and that is fine i got that, that is diplomacy but in the background they have to have some serious discussions. >> i would hope so. this can't be like house of cards, you know, the scene where the russian president and frank underwood are meeting and it's all fun and game. that's not a real world scenario. you have to look at military options, and that's exactly why obama didn't want congress to get involved because he thought, you know, inevitably it would lead to military, you know, increases or what not or trying to send military into you know, iran. but at this point in time we all know that a nuclear iran is ultimately, an unsafe world and that's what we need to prevent. that's why congress getting involved is important but then you have rouhani who says i'm going to bypass congress and say, you know you can't do this. i'm not -- stuart: is an iranian bomb going to be front and center in this election campaign? is a republican going to stand

up and say i wouldn't let this happen, pete? >> yes, i think so. and they're going to have -- there's going to be criticism of two administrations that let it go tour. >> very far. >> it's going to be a litmus test question. stuart: to both of you president obama's going to turn around and say if you don't like this diplomacy and you do like this deal there's going to be war. >> and you turn it right back on the president, and you say you took the military option off the table to given with which hurt our bargaining position -- >> exactly. stuart: i want to go back to the press conference. i think the president's about to make a joke about wine, and then i think he'll take some questions. but let's listen. [laughter] >> and to establish the strong commercial buying, bond between the united states of america when it comes to tuscan wine. so i will give you matteo a report on whether it's up to the quality that we expect. [laughter] with that, let me call on

roberto -- [inaudible] of reuters. there we go. >> thanks. president obama, some congressional leaders yesterday came to a deal on fast track for trade but it's clear that many in your party are opposed, including senator schumer. are you worried that your support for this is going to divide your party going into 2016, and will it hurt your party's ability to win? do you need hillary clinton's support on this? and prime minister, how confident are you that greece will reach an agreement with its creditors by the end of this month, and how concerned are each of you about the effects that this could have on the global economy if a deal is not reached? >> on trade, first of all, i want to congratulate senators wyden and hatch for coming up with a bipartisan framework for trade promotion authority. and without getting into the weeds on it, i think it's

important to recognize that the trade promotion authority is not the same as a trade agreement. it just gives us a structure whereby when a trade agreement is presented, it can move forward in a quicker fashion and not get completely bogged down in the usual procedures. and i would be receiving the same trade promotion authority that every president in the postwar era with the exception of richard nixon had received so it's not exceptional in that sense. what is exceptional is that in this framework for the first time there are requirements for enforceable labor environmental provisions, there is a clear attention to issues like human rights and in many ways this is the most far reaching and

progressive trade promotion authority that we've seen going through congress. and that's important because as i've said before, it is entirely understandable that there is some skepticism around trade from working families who live in a town that saw manufacturing collapse and jobs being outsourced. people recognize that there have been circumstances in the past in which trade may have contributed to aggregate growth of the global economy or even the u.s. economy, but hard workers. and we've learned lessons from that. and this trade promotion authority, thanks to the work of senator wyden and hatch, reflects some of those lessons. now, in terms of actually getting a deal done, the first trade agreement that we potentially would present under this trade promotion authority

would be the trans-pacific partnership or tpp. i've spoken to this before but i will just repeat that 95% of the world's markets are outside our borders. the fastest growing markets, the most populace markets are going to be in asia. and if we do not help to shape the rules so that our businesses and our workers can compete in those markets, then china will set up rules that advantage chinese workers and chinese businesses. and that will set the stage over the next 20, 30 years for us being locked out us being unable to protect our businesses from discrimination our agricultural products being excluded from these areas high tariffs that prevent us from being able to compete fairly. when it comes to services or it

comes to the internet, for example, our ability to maintain intellectual property protection or freedom in the internet or other requirements that tilt the playing field against u.s. workers, that's what's going to happen. so what we are doing is negotiating the highest level highest standard trade agreement in our history with strong enforceable labor provisions, strong, enforceable environmental provisions and i will be able to show when the final agreement is presented that this is absolutely good for not just american businesses, but for american workers. and it's good for our economy. it's the right thing to do. now, last point i'll make on this the politics around trade has always been tough, particularly on on the in democratic party because people have

memories of outsourcing and job loss. the point i've made to my labor friends and my progressive friends is that companies that are looking for just low cost labor, they've already left. we're already at a disadvantage right now, and the trade agreement i'm proposing would actually strengthen our ability to force other markets open and strengthen our position compared to where we are right now. and being opposed to this new trade agreement is, essentially, a ratification of the status quo where a lot of folks are selling here, but we're not selling there. japan is one of the negotiators in this, in this deal. now, last time i checked if you run around washington, there were a whole bunch of japanese cars. you go to tokyo and count how many chryslers and gm and ford cars there are.

so the current situation's not working for us. and i don't know why it is that folks would be opposed to us opening up the japanese market more for u.s. autos or u.s. beef. doesn't make any sense. so i'm going to be able to make a strong case, but i think it's important when you talk about dividing the party look, we got a korean free trade agreement passed, we got a colombian free trade agreement passed and a panama free trade agreement passed over the last several years during hi presidency. it didn't -- during my presidency. it didn't divide the democratic party. there's going to be a set of democratic senators and house members who traditionally have just, on principle, opposed trade because the unions on principle, regardless of what the provisions are, are opposed to trade. and then there are others who, like me believe that we cannot

stop a global economy at our shores. we've got to be in there and compete. and we've got to make sure we're writing the rules so that we've got a level playing field because when we do, products made in america and services provided by american firms are the best in the world. and i will continue to make that argument. and for those who argue that somehow this is contrary to the interests of working families, what i tell 'em is my whole presidency has been about helping working families. and lifting up wages. and giving workers more opportunity. and if i didn't think this deal was doing it, i wouldn't do it. i didn't get elected because of the sponsorship of the business round table or the chamber of commerce. those aren't the ones who brung me to the dance. the reason i'm doing it is because i know this is an important thing to do and i also know that it sends a signal throughout asia that we are out there competing and that we are going to help maintain

international rules that are fair for everybody and not so tilted in favor of one country that it ends up being bad for not only our commercial prospects but for other countries over the long term. that was a very long answer, but it's a big question. and i hadn't had a chance to talk about it. sorry about that. >> very, very briefly, i think, yes, i'm confident but at the same time i'm worried. obviously, the situation in greece the situation in europe is not 2011, is not around the world of 2008. so it's different time. but we must absolutely strongly work to achieve an agreement. to achieve the disagreement it's important the greece government respect not all the agreements of the past because in the

european council we accept a very normal principle if there is a moment of election and there is a new leader to respect the votes of the citizens. in this case, the vote of the citizens in greece. but there are a framework of agreement in the european institutions which -- [inaudible] at the same time, we must for the future write a new page in the european economics. i am absolutely confident that it finished the time of austerity in europe. but to achieve this goal the local government, the national government must do reforms. this is important, first of all for italy.

we are absolutely commits to -- committed to -- [inaudible] not to european institution, to our citizens. and then we can finally open a discussion about the relation between austerity and growth in european economy. but now is the time to respect this new framework of agreement, and we will work in this direction. [speaking italian] >> translator: mr. president, some of your promises have already brought -- [inaudible] now these investors would like to know when all these reforms are going to take place. could you give us a better idea? and you spoke about austerity and growth. the markets are very preoccupied. we have public finances that are

in a difficult situation. how can you reconciliate this austerity with our public -- when our public finances are in such bad shape? and i would like to know what you think about -- >> mr. president, you have complained time and again about germany holding europe hostage to its inflationary obsessions. now you have just heard from mr. renzi that things are changing in europe, especially with the ecb taking action qe action. is that enough? have europe and italy done enough? is your complaint of germany over and did you discuss the sale of drones to italy? thank you. [speaking italian] >> translator: three questions, you just asked. three questions in one.

[inaudible conversations] [laughter] [speaking italian] >> translator: first of all, the timeline for reforms, i i think that i can safely say that the more than investors who wish to invest in italy but italian investors as well finally have a labor market which is more flexible. this has been achieved. let's say that we have done this. they have an institutional system, the taxation -- stuart: let's review what's been said so far in about the last 25 minutes. the president gave a very long answer to a three-part question. the three parts were what about hillary, what about greece and what about trade? the president did not answer anything about hillary at all he was very brief on the issue of greece, he went on at length about tradement -- trade,

because there is a new fast track trade authority which has been granted by congress to do a big new i trade deal. one thing that caught my attention, pete and ashley still with us one thing that caught my attention was when the president was talking about the style of american cars in japan. he said you don't see many ford, gm or chrysler cars in japan. he said there's also a lot of japanese cars that you see in washington, d.c. and every other american city. well, look pete, i'm a free trade guy. >> uh-huh. stuart: i want as much free trade as we can possibly get and, yes let's get a level playing field. i think americans get our pick of the best cars in the world, i think we won. >> oh, wholeheartedly. if we don't adjust to the 21st century if we don't create education systems that allow our work force to adjust to global competition, and that is one of the legitimate criticisms of what free trade has dope. it was good -- i mean, generally speaking, he spoke favorably

about the virtues of free trade and its authority, and, of course, those who understand markets and what it does for human prosperity are for that. stuart: ashley, i'm critical of president obama but i'm not critical of him when it comes to free trade. go for it. i'd like to see it. >> stu you and me both. i was sitting there bond oring what i was possibly going to say because for once i think i agree with him. that's why i think it's so smocking he actually -- shocking he actually stepped away from the traditional democrat position and said, you know, democrats haven't been in favor of this because they believe it hurts american workers. the part that i tended to not really agree with was when he went in and said that his policies and his administration have been all about helping working familyings because a lot of the taxes he's imposed on small businesses as well as families and his, you know obviously massive tax with obamacare have hurt working families. so for him to kind of switch around here and kind of support free trade it's a good thing. i think this does ultimately

help american families, but he can't go on a record saying that his policies and his administration have really helped hard working families here in america because he's certainly seen a lot of american families struggle. stu institute look at that banner -- stuart: look at that banner along the bottom, president obama: my whole presidency has been about helping working families. i'm sorry, prime mr. president something's gone wrong with that, because they've of slipped they've fallen -- >> they have fallen. >> wages are stagnant, and they talk about the wage gap. and the reality is it's widened under this president. if that's the basis of his presidency, then it would be judged by history and today a failure. stuart: we look at two senior politicians dancing around the subject of greece. greece is very much in the news these days. literally today the germans have said greece you've got no more time to pay up, or we're not going to give you any cash in

the short term. the prime minister of italy and the president of the united states dancing around on ec shells about the greece question. one questioner said when is this austerity going to come to an end? another questioner said, what about glees? on both of them the prime minister and the president, they backed off significantly. they don't want to say anything about that. the president just taking another question. let's listen again. >> i have consistently criticized germany. chancellor merkel is a great friend and a great ally. from the time i came into office when we were in the midst of the great recession, there have been competing economic theories in terms of what's the best way to pull us out of a financially-induced crisis of this scale. and it was our strong belief that it was important for us to make the investments to boost

demand to put money in the pockets of consumers to strengthen and fortify the banking system so that we wouldn't see a repeat of the kinds of bailout practices and irresponsible practices on wall street, and that the best way to bring down the deficit was not just to cut spending but to grow the economy. as well as initiate the kinds of structural reforms around health care and education. stabilizing the economy and putting it on a growth trajectory. we've now seen phi straight years of -- five straight years of job growth. we've gone from a 10%

unemployment rate down to 5.5, and we've done this while reducing the deficit by two-thirds primarily because the economy grew much faster. and, you know, it's been my view with respect to europe that it's not an either/or situation, but it's a both/and situation. sometimes it gets framed as what's the right answer for europe, is it austerity, or is it structural reform? and my attitude has been yes, you need structural reforms of the sort that matteo's initiating. if the labor markets are too stuck then it's too hard to hire, particularly for young people. if there's too much bureaucracy to start a new business then businesses will go elsewhere or talented entrepreneurs will start buzzes someplace else. -- businesses someplace else. so i think prime minister renzi's government is on the right track in terms of initiating the kinds of

structural reforms that angela merkel and other economists have called on for a long time. but what i've also said is that at a time of such low demand and, helps, of de-- hence, of deflation that we were seeing in europe over the course of the last several years, boosting demand is also important. having some flexibility in meeting fiscal targets is also important. that the sustainability of structural reforms depends on people feeling some sense of hope and some sense of progress. finish and if all it is is just getting squeezed but there's no growth, then other time the political consensus breaks down and not only do you not get structural reforms, but you also end up reverting to some of the old patterns that didn't work.

and so i think that the approach that matteo's describing is the right one. move forward on the structural reforms but have flexibility and a strategy for increasing demand increasing investments. if you -- and by the way, here in the united states we're not done. i'd like to see us rebuild our infrastructure across this country. that's a smart investment to make right now. it would put people back to work, it would boost additional demand. more workers would be employed. they would then spend money. you'd get a virtuous cycle. but it's also something we need to do to saw competitive. to stay competitive. so it's a smart combination. this is not just a criticism of europe. i think globally all of us have to recognize global aggregate demand is still very weak. and china is making some

necessary transitions towards a more consumer-based rather than export-based economy but that means that they're not going to be growing as fast. and that in turn has meant that suppliers of raw materials to china are seeing their economies soften. and what i've said to the europeans is don't expect that the united states is simply going to be the engine for everybody. don't want to -- don't expect that you can just keep on selling to the united states but we can't -- [inaudible] to you because your economy is so weak. that won't benefit everybody. and those are concerns that i've expressed across the board. and the last point i would make this applies to greece as well. i think matteo's right. greece needs to initiate reforms. they have to collect taxes. they have to reduce their bureaucracy. they have to have more flexible labor practices. and when the new prime minister came in, i called him and i

said we recognize you need to show your people that there's hope and that you can grow, and we will be supportive of some flexibilities in how you move forward so that you can make investments. and it's not just squeezing blood from a stone. but you have to show those who are extending credit, those who are supporting your financial system that you're trying to help yourself. and that requires making the kinds of tough decisions that i think matteo's beginning to make. we did not discuss drones. we did not. last question from this side is margaret taylor. >> thank you, mr. president. prime minister renzi. mr. president, i would like to ask you about iran, but before i forget, i'm hoping at the end of

your answer you might also bring us up to speed a little bit on loretta lynch's prospects for confirmation as your ag can. have you done enough? what do you make of republicans' recent moves? on iran, so much has happened so this is going to be one of my -- >> just a general? >> three-part questions. [laughter] the corker compromise this week really was a pretty -- or are you concerned there's going to be more the offend off and you have suggested but you have not said explicitly that there must be a phase-out rather than the immediate lifting of sanctions in order for you to agree to a final deal. can you be definitive on that, in exchange might you be willing to release part or all of that 100 billion or so in frozen oil assets that iran has in offshore

accounts? and you seem to be floating the idea that you might want to say something about russia lifting its ban on the sale of missiles to iran. so i will throw that your way. prime minister renzi, i wanted to ask you about drone, but since that shockingly didn't come up, there are there's been some deeply troubling news about some of the my grants trying -- migrants trying to come from libya to italy, reports of violation by muslims -- violence by muslims and, you know, pushing the christians off the boats. what i wanted to ask you is how are you managing this? are you confident that italy is able to control the risk of extremists coming into europe through italy? thank you. >> all right. i wrote 'em down. [laughter] on iran, i thought bob corker and ben carden came to a

reasonable compromise. i had two concerns from the start. with respect to any steps taken by congress. the first was to make sure that their actions did not derail or prevent us being automobile to get the best deal possible. and john kerry, when he is in those negotiations not being hobbled or his life being made more complicated by congressional actions until we actually have a deal done. my basic argument was let us show you if there's a deal or not. if there is, you'll have ample opportunity to review it and opine on it, but right now we're still negotiating. so have some patience. and i think the final product

that emerged out of the corker/cardin go,es we believe will not -- negotiations we believe will not derail the negotiations. so that checked off one with box. the second concern i had was just an issue of presidential progress tyes. there were a -- prerogatives. there were a number of people who were supporting corker's legislation suggesting that as a routine matter a president needs to get sign-off from congress to negotiate political agreements. that is not the case. that has never been the case. this is not a formal treaty that is being envisioned, and the president of the united states -- whether democrat or republican -- traditionally has been able to enter into agreements that are binding with other countries without congressional approval.

and i still have some concerns about the suggestion that that tradition was in some ways changing, but there was language in the legislation that spoke to this being directly related to congressional sanctions. and that, i think, at least allows me to interpret the legislation in such a way that it is not sending a signal to future presidents that each and every time they're negotiating a political agreement, that they have to get congressional authorization. so the final thing i'll say about the corker legislation is that both senator corker and senator cardin, at least in my understanding agreed that

there's not going to be a whole bunch of poison pills or additional provisions or amendments added to it and that they will be protective of this being a straight forward, fair process for congress to be able to evaluate any deal that we may come up with and then register its views. but that it's not going to be tilted in the direction of trying to kill the deal. i take them at their word on that. we'll continue to monitor that. but assuming that what lands on mying is what -- my desk is what senators corker and cardin agree to, i will sign it. and that will then give congress an opportunity to see do we have a deal that reflects the political agreement that i talked about earlier? i expect that it will. with respect to the issue of sanctions coming down, i don't want to get out of ahead of john kerry and my negotiators in terms of how to craft this.

i would just make a general observation, and that is that how sanctions are lessened, how we snap back sanctions if there's a violation, there are a lot of different mechanisms and ways to do that. part of john's job and part of the iranian negotiators' job and part of the p5+1's job is to sometimes find formulas that get to our main concerns while allowing the other side to make a presentation to their body politic that is more acceptable. our main concern here is making sure that if iran doesn't abide

by its agreement, that we don't have to jump through a whole bunch of hoops in order to reinstate sanctions. that's our main concern. and i think that goal of having in reserve the possibility of putting back and applying forceful sanctions in the event of a violation, that goal can be met. and it'll require some creative negotiations by john kerry and others, and i'm confident it will be successful. and i very much appreciate, by the way, the support that has been provided by prime minister renzi as well as his former foreign minister who now is the e.u. representative in many of these discussions. and with respect to the russian sales i will tell you this is actually a sale that was slated to happen in 2009 when i first

met with then-prime minister putin. they actually stopped the sale, paused or suspended the sale at our request. and i'm, frankly, surprised that it held the long. it held this long. given that they were not prohibited by sanctions from selling these defensive weapons. when i say i'm not surprised given some of the deterioration in the relationship between russia and the united states and the fact that their economy's under strain, and this was a substantial sale. i do think that it sends a message about how important it is for us to look like we are credible in negotiations if, in fact, a deal fails and we are

needing to maintain sanctions. because i've heard some in congress who are opposed to this deal say either let's just slap on even more sanctions, or we'll do sanctions unilaterally regardless of what other countries are willing to do. the reason that the sanctions regime has worked is because painstakingly we built an international coalition that has held this long. and if it is perceived that we walked away from a fair deal that gives us assurances iran doesn't get a nuclear weapon, then those international sanctions will fray. and it won't just be russia or china it'll be some of our close allies who will start questioning our capacity or the wisdom of maintaining these. we don't want to put ourselves

in that position. we want to make sure that if there's no deal around the iran nuclear program it's because of the iranians -- it's because the iranians were not willing to accept what the international community considered to be an appropriate and fair approach to this problem. okay? whew. [laughter] oh! see, i'm still not finished. [laughter] let me just say this about loretta lynch. we've actually seen some outbreaks of bipartisanship and common sense in congress over the last couple of weeks. yesterday i signed the sgr fix that initiates not only some real reforms around how our health care system works, but

expands insurance for children. we just talked about what i think was at least a constructive process to resolve the question of congressional involvement in iran and yet what we still have is this crazy situation where a woman who everybody agrees is qualified, who has gone after terrorists, who has worked with police officers to get gangs off the streets, who is trusted by the civil rights community and by police unions as being somebody who's fair and effective and a good manager, nobody suggests otherwise, who's been confirmed twice before by the united states senate for one of biggest law enforcement jobs in the country has been now sitting there longer than the previous

seven attorney general nominees combined. and there's no reason for it. nobody can describe a reason for it beyond political gamesmanship in the senate. on an issue that's completely unrelated to her. this is the top law enforcement job in the country. it's my attorney general who has to interact with his italian counterparts or her italian counterparts in dealing with counterterrorism issues, in dealing with interpol, in dealing with our national security, in coordinating with our fbi. what are we doing here? and i have to say that there are times where the dysfunction in

the senate just goes too far. this is an example of it. it's gone too far. enough. enough. call loretta lynch for a vote. get her confirmed. put her in place. let her do her job. this is 'em -- embarrassing a process like this. thank you. [laughter] stuart: points made by the president on the subject of iran, pete hegseth still with me. number one, the president says we can snap back the sanctions quickly if iran violates the agreement. you believe that? >> there's a lot of smart folks that believe it's a lot more complicated than that and not easy to do especially if you open the pandora's box immediately. because then countries have an ability once they back off and

decide this is a deal that may or may not happen and the sanctions have been relieved, snapping it back is a difficult and complicated thing especially the coalition necessary -- stuart: exactly. ashley pratt you're still with us. the snapback sanctions, can they be snapped back? >> i honestly don't think that's a good strategic plan in our foreign policy especially when it comes to iran, you know potentially getting a nuclear weapon at this point in time. i think the issue here is the fact that congress has put in place sanctions since 2010. they've been working. that's why iran is now at the negotiating table. and i think we'd be remiss if we didn't discuss that. and i think now they realize because john kerry was there for what, almost a week and deadline passed deadline they know they're going to get what they want out of this. so if we somehow say we're going to take the sanctions away but we could potentially bring them back, and there's nothing in place which is what the congressional bill seems to be

kind of doing, that legislation would say, you know, congress can still retain the authority to be able to put these sanctions into place or to at least leave them there whereas the president's now saying i can interpret it differently. and i think that is the warning we should be heeding here that he would interpret legislation very differently from how it's written. stuart: second point that the president raised, he says he didn't seem to object to the russians selling rockets to iran which would negate a military attack from israel, for example. he doesn't seem to mind that. >> he said it was inevitable. stuart: he dud. >> he was surprised it lasted as long as it did. this is air support the regime would need in order to prevent effect effectively, an airstrike. a lot of the leverage that we had, client including the sanctions. we had a lot of great leverage

which we proceeded to give away at the negotiating table, and as a result these s-300 missiles will be on their way to tehran quickly. stuart: i do want to update a story which was breaking earlier in the program before the presidential news conference, and it's this: an explosion near the u.s. consulate in the iraqi city of irbil, that's in northern iraq. a security contractor with knowledge of the incident tells fox news that it was, indeed, a car bomb, and it was driven by a suicide bomber. the car exploded before it reached its intended target. we're told that shots were fired at the car and that gunfire led to the bomb going off before it reached the u.s. copse late. two civilians and two local security people were wounded. no word on how many people died. earlier reports said three people had died but we have not confirmed that report as of yet. that news just coming in to us. thanks, everybody, for watching

us. very interesting program today. our time is up, now here is deirdre bolton. deirdre: we're going to pick up right where you're leaving off. president obama addressing numerous topics, you heard them with stuart there last hour including the nuclear framework with iran. he said he is standing firm. it's great to see you, i'm very well. >> how are you. deirdre: we were listening to the president and we covered numerous topics and you heard them as well. everything from terrorism to national security, to concerns about greece confirmation of