will it continue to climb and how high will it climb. [closing bell ringing] melissa: there you go. david: let's get right to our team coverage. ashley webster is on the floor of the new york stock exchange. and scott martin is chief market strategist at united advisors. also a fox business contributor. ashley, to you first, talk about volume a little it about. we go from charlie brady, our top economist at fox business, volume is a lot stronger than usual. about 18% stronger. so there is real conviction in this market. >> there is but i asked some of the traders about that. they said it is better but not where they would like it to be. i'm sure they would like it 100% beyond what we've seen. certainly shows a little more conviction, david. as you can see, as numbers start to settle on nasdaq, 5112. the record is 5106. we'll close that record out of the water. russell 1284. we need tock 1275.

looks like we'll be able to do that as well. dow up 1% on the day, up 180 points. up over 200 points one point today. volume to your point, david was stronger than we've seen in recent days. that does suggest the rally itself had a little more conviction across all the major sectors as well. david: scott martin, let's talk about the nasdaq. some valuations go back to the dot-com bubble. the question is, is this a bubble about to burst? >> no, i don't think so. david, today's tech world is much different than it was certainly in '07 and absolutely in 2000. even vis-a-vis interest rates. david, these valuation, yes they're high, 20, 30, 40, sometimes 50 times earnings are high you about it is not too crazy. i think the funny part about today is, everyone is calling this a federally or a post-federally. did janet yellen the chairwoman

say anyone anything that surprised anyone yesterday. >> data leads me to believe that there is no interest rate hike this year and there may be more stimulus down the road believe it or not from the fed. i think economy is rather weak. stocks like lower interest rates. like fed out of the game. that is why we're good for 200 points on the dow today. david: ashley, despite nasdaq hit a record high, closing high anyway, we did have the best sectors being defensive sectors people were going into this. does that say anything about investors feelings. >> you're absolutely right, david, health care is number one sector up 1 1/2%, followed by utilities, one and a 30%. they are traditionally safe sectors. part of the rally, at least some. folks around here that aid to greece had been extended until the end of the year. i can tell you right now from europe and after eurozone finance ministers meeting today, that is simply not true. they are still at a standoff.

the belief that greece will get a bit of relief towards the end of the year will help sentiment. david: scott, not openly are they at a standoff in greece they are worried about a run on banks. they may close the banks there. depositors are very worried. they may go to try to empty savings. doesn't that concern you? >> david, it does. the run has started. the rates are off. deposit rates over the last 30, 60, 90 days, they're this one word, ugly. that is the lifeblood of the greek banking system is deposits. liquidity. if that dries up it is no good. things have gotten bad in greece and worse last couple weeks. look what happened, there is little in the fear rally. equities have gone up in the united states. bonds have been flattish and u.s. dollar is taking it on the chin. that would lead me to believe this greek thing really doesn't matter in the overall scheme of things. we may end up having a favorable result. david: ashley, is it conceivable

there could be some kind of a snowballing effect in greece and financials might be caught in the middle? >> i think you're right. i think the bond market will be hit up. the effect on bond market in greece will be default and maybe drop out of the eurozone. that could impact treasurys here in the u.s. and financials as well. i think a lot of this has already been factored in. when i hear that that makes me nervous. everyone says, oh, yes, it is factored in. when it becomes reality we could see big swings in the market. david: scott, quickly, what were you buying today? >> usual stuff, david. health care, technologies and utilities fall into valuation that is really attractive. one of the biggest dividend payers with 10-year low, dividend stocks reign. david: any particular stock meets your fancy? >> i like facebook, google, i like microsoft and ibm.

david: wow. any particular favorites on the floor, ashley? >> how about fitbit today, making its debut opening at 20 bucks, finishing up 50% close to 30. is that a little frothy? apparently not. demand is there. david: great stuff guys. ashley, scott, thank you very much. who knows what is coming tomorrow, melissa. melissa: quiet streets of charleston, south carolina last night, the suspect in the church sheeting at emanuel meth different church, dylann roof arrested today after killing and shooting nine people. the coroner announcing names of church members murdered including a librarian and recent college graduate. local and federal fishes providing latest on the investigation. >> we currently have representatives from all the agencies that are involved in this investigation here on-site to work through the process of getting mr. roof back to

south carolina. i would like to add that this has been a great representation of what team work can accomplish. >> the fbi has initiated an investigation into this matter which we are working jointly with our state and local partners to determine if a federal hate crime has been committed. david: president obama in washington today reacting to the awful news down south. our own blake burman has more on that. blake? >> president obama spoke from the white house with the vice president by his side after the arrest of dylann roof. the two new reverend clementa pinckney, a state senator and one of nine people murdered during a church meeting in south carolina last night. the president used part of the his remarks to weigh in the politically divisive issue of gun rights. >> we don't know all the facts, innocent people were killed in part because someone who wanted

to inflict harm had no trouble getting their hands on a gun. >> on capitol hill daily rigors of congress took a pause. lawmakers joined in a prayer circle outside of the capitol building. leaders opened their weekly news conferences on a somber note. >> anyone who would do something unspeakable is pure evil. >> words are totally inadequate, as we said over and over again. >> attorney general loretta lynn up will investigate it as a hate crime and deeply tragic. back to you in new york. david: thank you, blake. house passing fast track trade authority ba but it is far from over. the legislation heads back to the senate. there is the specific trade bill that has to be dealt with. republican congressman eric paulson who voted in favor of the bill. congressman, thanks for coming. let's look to the pacific trade deal itself. have you read it? >> well i have a chance to view

some. texas they get prepared for the trans-pacific partnership. but you have to understand today's vote is setting up process that allows transparency or accountability so members about congress have accountability. it is not ready yet. david: forgive me, congressman, viewers might not realize there are special rooms in the capitol where you, congressman, can go and read it but average yoke kels like me can't. something seems wrong with that, no? >> well, as exactly what happened with trade promotion authority on a bigby partisan vote staring more accountability and transparency. now when any trade agreement comes forward from the president, congress has more oversight but will be available to the entire public for 60 days before the president can even sign the agreement. that is never been done in trade agreements before. so now we'll make sure there is transparency for members of congress but entire public having to review the documents. david: that is a great idea.

frankly you're supposed to be my representative. >> yeah. david: i'm supposed to advise you, how can i advise you if i haven't read it? >> now the public will have 60 days. this passed in the house, bipartisan vote. it does go to the senate. more importantly this will signal america is back in the trade game. it is about strengthening our economy where exports go to 95% of the world's consumers but as part of that process we need to make sure congress and the public has oversight and guardrails what the administration should be negotiating and that's what happened day, one of the little things in the bill that is bothersome to a lot of us there is apparently a provision to bypass national laws and take a case instead to this international tribunal. do you know anything about that? be. >> no. the process that was established up today does not deal with investor settlement disputes often a part of trade agreements. david: good. >> but trade agreements do include those provisions it just wants to protect small and medium business, our investors that want to make sure they can

invest in certain countries without being subject to federal laws that might be put in place with other countries but have avenue hearing their case for instance. that protects small and medium businesses. david: switch gears something near and dear to your heart. you sponsored and house passed a bill repealing the medical device tax from obamacare. the big question there is whether you have enough votes in the house to override a presidential veto. >> hey, i will tell you this was a big win today for american innovation for job creators in the american medical device industry. 280 votes passed this bill with bipartisan vote. important to note, 12 members of the republican caucus who were gone for the vote are coauthors of the bill. that is 292. it is over veto-proof margin. it moves to the senate. i think we'll get this across the finish line. this one component of obamacare that will are -- we'll try to see it through the finish line.

david: congratulations eric paulson. melissa: new video from shelby, north carolina where the shooter dylann roof is in custody. you can see it there. david: wow. melissa: alveda king will come up in a few minutes. we'll try to make some sense of this. david: what a thing to wake up to. the people of south carolina really suffering. you see pain in all of the whether it was the governor, the mayor, the police chief, they all are really suffering from this. and we're going to be talking more about it coming up. melissa: a crisis in confidence. americans losing faith in banks? supreme court, big business, basically everything. bad news all around. our panel weighs in coming up. david: plus the ipo fit for wall street. why investors are stepping up for the latest tech debut. melissa: and they can hear you now. 600 million smartphones exposed to hackers. how to find out if you've been hit next.

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melissa: big day for the markets. nasdaq, russell hitting record highs. major averages up better than 1%. shares of fitbit doing a little better than that. try 48% gain. jo ling kent at new york stock exchange morning for the fitness companies debut. you spoke with ceo james park, right? >> the main question on everybody's mine is how will ceo james park manage the apple watch threat? it is gaining serious momentum. new numbers out today, two million units sold after last month or this month. on its way to millions of people around the world, the apple watch is, and attracting same fitness metrics the fitbit does. here is what ceo james park had to say about that. >> it is incredibly important that we have clear privacy party. we will never share data to

third parties and we'll never sell data to third parties and we'll never share data without your consent. >> that was a spot about privacy. what i asked him how he is going to protect other people and millions of people who have data points. then i want to show you what he actually said right now about the apple watch. >> you've got to be super paranoid to stay ahead. that is what keeps me up nights. and it has been fun for eight years and i will continue to do it. >> looking at the broader segment, melissa, fitbit still dominates. it has 57% of all activity trackers. followed by jawbone, nike, samsung and microsoft. they don't crack 10%. fitbit, average ipo jumped according to dealogic only 14%, melissa. melissa: jo, thank you so much. david. david: a couple stories on our radar, nbc making it official brian williams will not return to his job as nightly news

anchor. he will anchor reports for msnbc where he used to be. williams was suspended in february for falsely claiming he was in a helicopter hit by fire during the iraq war. lesser to holt who filled in will take over full time. a week after the international airport association recommended smaller carry-on luggage. we reported on that. it is giving up on the idea following outrage from carriers around passengers. probably some of you. and president obama seeking new accomodations the next time he is in new york. his usual digs at the waldorf astoria are now chinese owned, there are serious concerns over spying that have made the state department relocate its lodging to the nearby new york palace hotel. taking those threats very seriously. melissa: or they don't like the room service. could be sick of the kitchen. we don't know. david: it is the waldorf astoria. it's a shame.

melissa: fox business broke the story of alarming hiring practices for air traffic controllers. the people keeping your planes safe in the air. now the government is investigating. details after the break. the pope delivering a tough message to big business. what he says is the fix for this quote, perverse economic system. quote, perverse economic system. hmmm. ♪ the side effects. hey honey. huh. the good news is my hypertension is gone. so why would you invest without checking brokercheck? check your broker with brokercheck. when the moment's spontaneous, why pause to take a pill? or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach,

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traffic controller. we've been asking the faa to respond to everything we made public since may 11th. their press office refuses to respond. so we called joe teixeira, the guy in charge of safety issues and training air traffic controllers. we called him on personal cell phone. asked him about it this is man who is supposed to keep you safe when you fly. here is what he said, quote, i'm really not aware. it is not my area of expertise and not my problem. next time you get in an airplane remember, joe teixeira saying your safety not my problem. it is his problem. yesterday, huerta, the director of faa would launch an investigation into what we discovered, internal investigation which critics say was really a whitewash. he said, i'm troubled by recent news reports alleging possible misconduct. i have tasked the office of security and hazardous safety to conduct a material investigation. but the chairman of the aviation subcommittee said, no way.

that's a whitewash. not acceptable. that is why d.o.t. is investigating, david. david: not my problem. unbelievable. that is not an ends. >> not my problem. david: thank you very much, adam, appreciate it. melissa: wow. a look at market movers. a big day for the markets. all three major averages ending firmly in the green. nasdaq reaching highs it hasn't seen since the dot-com bubble. taking out the old intraday record high of 5132 in march of 2000. a few stocks hitting lifetime highs. starbucks. medical equipment-maker, henry schein. tractor supply, gilead sciences and directv. shares of news corp also pushing higher. the company will begin paying a semiannual cash dividend for the first time since separating from twenty-first-century-fox in 2013. job cuts were also announced for "the wall street journal" and "dow jones newswires." david? david: tragedy in south carolina, the massacre in

the church leaves nine dead. 21-year-old alleged shooter is in custody. we're live from charleston right after the break. melissa: president obama's trade bill still hangs in the balance despite clearing one hurdle from the house. coming up where it goes from here around what it means for your money. ♪

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north carolina. 21-year-old suspected shooter dylann roof now in custody. just moments ago police swarmed his house. fox news's rich edson is in charleston for us. rich, what is the latest? >> good afternoon. they did arrest the 21-year-old suspect, dylann roof, over the border in north carolina, about an hour drive from here. over my shoulder is the church where he opened fire killing nine people last evening. a short while ago the coroner identified those folks. >> i have to tell you they're the most gracious group of grieving individuals i've had, i hate to say the pleasure to serve but it has been a pleasure to deal with such strong, wonderful people facing such a tragedy. >> the coroner's office says the victims range in age from 26 years of age to 87 year owed, including a state senator, a librarian, high school track

coach among others. there is a federal component to this the attorney general loretta lynch says fbi and other investigators are here in charleston, south carolina, ininvestigating the possibility of a hate crime. if there were racial motivations walking in the black church and doing what he did last evening that could qualify for federal officials to charge him under federal guidelines. attorney general doesn't say whether that is in the plans as they continue investigation. president obama at the white house offering his condolences renewed his calls for greater gun controls as there are vigils, condolences ongoing. south carolina, charleston area, and across the country. back to you. melissa: wow, rich edson, thank you so much. the city of charleston and the nation mourning. my next guest knows first-hand the impact senseless crimes like this have. joining me now is the granddaughter of dr. martin luther king, jr. and director of the african-american outreach for priests for life.

dr. al vied today king joins us. she is also a fox news contributor. thank you so much for joining us. we're really struggling to respond to this, to make sense of this. what is your response? >> well, i'm the niece of dr. martin luther king, jr. my dad, reverend ad king, brothers. daddy king was my grandfather. melissa: pardon me. >> my grandmother mama king was shot in ebenezer baptist church in the 1970s was killed by a black man. i want to encourage those doing investigations not to totally tag race as the only motivation. the man who killed my grandmother was black. she was a black woman. playing the lord's prayer on sunday morning. also gun control to bring that up, there are other ways people kill people all the time. guns and, poison and choking people and all of that. gun control will never be the only solution or the real solution. it is going to have to be heart

control. i learned that from daddy king. my daddy, ad king, my uncle, ml. it is heart control. and then hate knows no color. it is not only about what color your skin is that causes evil to occur. and for the families, i join you in prayer and america, we must pray for these who are grieving now. melissa: what is the way forward? i mean what -- people look at this and try to make sense of it and say what could we be doing differently so something like this doesn't happen? that is what so much of the debate is today. you talked about the rush to gun control or people trying to label this, whatever kind of crime it is. we're trying to find a way to keep it from happening again, i think what that response is all about. is there a way to do that? >> the response and the directives, it is very clear, if my people who are called by my name, god speaking, will turn from their wicked evil way, not

skin color ways and respent, and begin to love and do right, justice and mercy of course, will come when we are obeying proper authority. and so to act lawless and then scratch our heads and wonder what's happening. our little babies in the womb being killed. of course that gun control won't help that. and having someone go into a church and use a gun, he could have easily used something else. melissa: yes. >> so i know that those people were killed while they were worshiping and praying. and i believe if they were here now, they would encourage us to continue to pray but to change our hearts and to change our hard hearted ways. melissa: i hope i understand. sounds like you're trying to get us not to look at this as a race thing but to some looks exactly like a race thing. >> it would look like that but can you imagine a black man at historic ebenezer baptist church

killing mama king with an organ? you could not possibly shea that was a race thing. say if this young man, which we don't know yet, i want to go to a church to kill some black people. that is not what happened to my grand mama in a church. the first thing i thought, oh, no, not again. oh, no, not again. i did not think about skin color. i saw my grandmother having been gunned down by an african-american person with guns. so i'm saying that don't stop in the soul your emotions, black white, let's fight, let's hate each other. go to the spirit. let's pray to get to the bottom of evil. evil goes so much further than a skin color debate. melissa: yeah. very true. alveda, thank you very much. we really appreciate your time. >> thank you. melissa: david, overto you. david: wow, that was great. latest out of washington. the second time might be the charm. the president's trade legislation clearing a major hurdle in the house but it is all in the hands of senate. let's bring in our panel.

katie pavlich, town hall dot-com. also fox news contributor. john allison, former bbt ceo. matt welch from "reason" magazine. a lot of people love free trade but can't stand the washington deal-making going into this. is it possible to reconcile those two things? >> i think it is tough, david, but i still think any free-trade agreement would be a positive move because i think what is going on here is a lot of fight about free trade in principle, particularly in terms of the unions and what we know is free trade improves the quality of life. people only trade if they will get bert. obviously they could come up with an agreement that was worse than nothing but the odds are any agreement that moves towards freer trade is good for the whole world. david: but, katie, there are little side deals. some are really ticking off congressman. congressman jim jordan and others are upset at the republican leadership for letting these side deals get in

there. >> a lot of republicans are saying not only do we have the little deals going on but the trade deal gives president more power and takes power out of hands of congress to make things are going to plan and promises are kept. what is fun to watch how difficult it really been for the president to get things through. he is used to the agenda and legislation getting pushed right through, when we've seen a lot of pushback on this issue. when he visited capitol hill last week he left capitol hill with bad will towards, the democrats on the hill. he left there with not in good standing with them. it didn't help that he went there. so interesting to watch how difficult this has been for the president to get through. david: matt, do you go back to what john said? you swallow hard if you're believer in free trade and accept this even though there are a lot of bad things in it? >> the thing about free trade, it has been since world war ii, there is managed trade, there are side agreements u.s. actually comes out looking good,

comparedformer go slavery public of macedonia, you're not getting free trade deals here. its moving lowering tariffs. that is how we get more prosperous and get people out of poverty. hold your nose. better than not having it. david: very complex deal and we were able to handle it all in two minutes. we had to compress that segment. melissa, over to you. melissa: move over mr. president, a woman will replace you in 2020. we want to hear your ideas. tweet us @melissaafrancis fox. the cure for this perverse economic system. that is next. you are looking at two airplane fuel gauges.

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melissa: pope francis releasing much abated papal encyclical

where he talked climate change but urge ad revolution to fix, quote, the perverse economist. hmmm. he is taking on big business to not let pursuit of profit get in the way of protecting the planet. back with me, scott martin, john allison and matt welch. thank you for joining us. don't get me wrong, i love pope francis. went through trouble naming himself after me but still, scott martin, what do you think? >> this is a tough one. the pope's heart is in the right place. he is pope very close to the people but i'll tell you, melissa it is dangerous. the pope didn't come up with ideas on its own, to go after technology and big business and talk about relentless pursuit of profit damaging the environment is scary to me because i would argue that technology and business's pursuit of the great is what makes this country great. what make this is world great and led to great technologies which helped the environment, not hurt it. melissa: john, begs the question, if businesses will not

pursue profit, what is it that you want them to pursue then? are companies supposed to be out there to do good? that will be the goal? who decides what that good is? where do you go with this argument. >> i think it is a terrible, terrible argument. what we know with certainty that economic freedom, free markets and use of fossil fuels raise the quality of life on the planet. the pope's statement is anti-poor people. if india and china taken his advice 15 years ago, hundreds of millions of people would be much poorer today. this is really bad advice for poor people. melissa: matt? >> not really good advice for rich people. there is a curve that i encourage everyone to google. basically as you're industrializing, being india and china you will pollute the environment at first of the once you get incomes over a certain level as you start getting richer and richer pollute less and less. our water is cleaner than 20 years ago. the air is cleaner than 20 years

ago. the pope is wrong for the poor and for the rich. melissa: in a perfect world everybody motivated by al truism we would all share perfectly resources. there would be no need for money. everybody is willing to go to work and do their part around come home. this is not the way the planet operates. it is not human nature. i don't know what he is advocating for? >> he right talking about a revolution because it would pretty much would be. you wouldn't take what you need. wouldn't hoard anything. leave seconds and thirds for other people. that is so anti-capitalism and so anti-how we built this country and this world any way. seems crazy to things ideals going the way the pope is suggesting them will be anybody's help. melissa: john, one thing to advocate something ideal. is it dangerous for him to talk this way about capitalism? or is he talking the ideal out there what he would like the world to be like? >> i think it is very dangerous. he is a leader in our society.

his ideas basically are failed ideas from each according to his abilities, each according to his need. that led to a lot of misery on the planet. this is a really dangerous statement and it's a shame that he put this out. i think it leads people in the wrong direction. melissa: matt, real quick, last word. >> nothing new for the catholic church, sadly. melissa: oh, no. i am sorry i gave you last word after that. forget that. all right. david, over to you, sorry about that. david: encyclical. you can disagree with you still be a catholic by the way. new serious concerns over the safety of your phone. more than 600 million samsung owners are vulnerable to a hacking attack. preinstalled software giving hackers to everything that is in your handheld. apple users are not safe either. we're learning a major flaw in its ios platform can steal passwords saved on iphones, independednt pads, mac computers everything.

deirdre bolton is here now. deirdre, i'm holding in my hands my samsung galaxy right here. this is a very vulnerable device, isn't it? >> it is indeed, david, you said it. samsung devices and apple devices. a team of researchers got together and they essentially created what looks to you and to me an app. we install it. as you alluded to, david, basically with that app comes malware that can uncover all of our passwords, icloud, banking passwords. so the silver lining here this was just an exercise, if you like. this was just research. the company reached out to apple and said, hey, listen, we were able to get in in this way. david: wow. >> what do you say apple? apple said, give us six months. they still haven't really come back with a response. this is not an actual hack attack. it is just showing with professors, with people who work on these kinds of problems apple where their vulnerabilities are. david: you mentioned, you went through a list of some of the things that can be stolen.

your passwords to other sites, et cetera. i'm thinking about financial records and things like that. should we go in there if we have unwith much these phones and just change everything? >> i think what most people say do not use the same password at least more than twice especially for your banking apps. everybody says that. it is something that we all have to heed. myself included. as of the moment i would just say, no hack to apple directly yet. we have to assume at some level that apple is going to say, maybe not publicly, hey, thanks for this information. we'll -- on our side. david. david: i hate to have to cross my fingers. you're coming up at the top of the hour. what do you have coming up? >> you've been talking about fitbit, fit creatures that you are. we'll have one of the earlier investors with us. we'll ask him what is catching his attention now. and the man that brought you 4-d experiences likes theme parks at universal, 4. did, you can smell, can feel, can move.

he is working on a virtual zoo, david. we'll hear about it. david: smell-a-vision sounds like. deirdre, thank you very much. melissa, over to you. melissa: new concerns over the irs. the agency is reportedly raking in plenty of cash despite complaining of budget cuts. gerri willis in the newsroom with this one. gerri. >> you got that right. you remember koskinen, the commissioner of the irs, john koskinen hue the smaller budget is really hurting what he is doing. he told congress not too long ago, we estimate the agency will lose through attrition, 1800 key enforcement personnel through 2015 that we will not be able to replace. we anticipate the outcome will be fewer audits, fewer resources focused on collection. we estimate as a result of these cuts, the government will lose at least $2 billion in revenue. melissa, we took a look at this. we dug into the numbers. what we found, there are two major enforcement units in the irs. one the 400 field operations

offices all over the country and their automated collections service. yes, they put together less money. they collected less money, $200 million less. but that is nothing like the $2 billion that john koskinen was talking about. in fact, if you look at the monthly reports from treasury, and i know that you do, federal tax revenues are on track for the biggest year ever, $1.2 trillion. melissa? melissa: that's amazing! wow. gerri, thank you. >> you're welcome. melissa: oh, david, over to you. david: why we need to get rid of it. melissa: i know. david: are americans losing their enthusiasm for the whole usa? not just the irs, congress and d.c. anymore? why americans are losing confidence in almost every institution. ♪

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david: what a kay on wall street. the nasdaq and russell surging to records. broad gains across the board with the major averages ending up about a percent. the dow climbing is 80 points, exactly 1% -- is 80. all blue-chips in the green. nike, jpmorgan, hitting new highs. strength on wall street coming despite a warning from the ecb about greece. reuters warning that greek banks may not be able to open on monday as consumers are taking out their funds. we're just learning that the ecb will hold a conference call, this is tomorrow, on friday, about extending emergency liquidity to those greek banks in such trouble. melissa? melissa: can't get no satisfaction. americans losing confidence in virtually every u.s. institution. this is according to new data from gallup. katie pavlich, scott martin and matt welch are back. katie, would it shock you to

know only 8% of americans are have confidence in congress? i think that is a high number all they way down from before. historical average is 24. >> i think there is another study that shows congress is below cockroaches in terms of approval rating which i guess, i guess that is a food comparison maybe. but look, this is about americans feeling sick and tired of having to play by rules that don't apply to people here in washington, that don't apply to people who are in bed with washington. that would be the big banks. and i think that the religious institution problem we've seen a lot of dishonest inside of our religious institutions over the past couple decades. people are really feeling they lost confidence in what really people think are the bet bedrocks of our country. melissa: decline in church and organized religion. had a big point decline from 55% historical average down to 42. still raw number of 42 sy here than perhaps television news

professionals which had 21%, down from 30%. mat welch at very top is the military. they have seen an increase, 72% have confidence. small business coming in second at 67%. look at that the theme there. what does that tell you? >> well the military always has been the place in the last 20 or 30 years been repository of american goodwill out there. broadly tells us it is healthy reaction to unhealthy situation which is anything run by elites in it country has been terrible in the 21st century. the stuff that is great in our lives, tends to be everything further away as possible from what the elites are doing, particularly but not only in washington. it is technology in our lives. we had to goof around on youtube in ways we couldn't imagine before. all that stuff is to the good. economy, management of it, big ticket catastrophes like the financial crisis, none of that has shown people covering themselves in glory. this is healthy response.

melissa: scott martin, what do you agree about that small business and military? >> i do. to matt's point, stuff we as individuals kind ever control. i take it what are we going to do about it going forward? congress is falling in our favors what will we do about it? we have to get people in there acting for constituents not keep the status quo as it were. until this changes they could gown to zero approval rates i don't see as much changing who we elect. melissa: what we change, make government smaller. >> term limits too. melissa: we want local government, smaller business. the things can be done that way. guys, thank you so much. david, over to you. david: small business and military. what ills do you need in america after all? alexander hamilton can you imagine what he thought about america right now? he is getting a roommate on the 10-dollar bill. after the break, the panel is back on who should share the spotlight with one of the greatest of the great founding fathers. tell us what you think coming up.

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david: the 100th anniversary of woman's right to vote will sell be celebrated in 2020. the treasury plans to introduce it is new 10-dollar bill. it plans to honor one ever america's leading ladies. will share the spotlight with alexander hamilton. how she will share is not been announced. identity will be announced later this summer. we have couple suggestions. mine is margaret chase smith. she was the first woman to serve in both houses of congress. also ran for the president in 1964. she was put on the party's nomination but of course she didn't make it. who is yours? >> i think sandra day o'connor, first woman to be appointed to the supreme court. although somebody pointed out to me today she is still with us. time for her still to embarass herself. i trust her to get through the rest of life to be okay. david: scott, who would you put

on there? >> somebody unfortunately not with us. harriet tubman. civil rights activist and helped john brown in harper's ferry and especially given what is going on in our country between races. >> matt, definitely. >> if we have fiat currencies, cat necessary dean from "the hunger games." david: what a great idea. >> pointing arrow at washington, d.c. and overlords. david: you picked my favorite movie. it is libertarian movie. melissa and i agree on this, alexander hamilton was extraordinary personality. created u.s. treasury. i think the smartest of all the founding fathers. maybe not the best leader but certainly the smartest. >> basically created our whole monetary system. our first treasury secretary. david: he wasn't a good shot though. >> can't be perfect.

what do you want from people. booting him off the bill, i'm not sure i'm for that. but it will be interesting. anyway, thank you so much for watching. that does it for us. deirdre bolton is here to take you through the next hour of fox business with "risk & reward." take it away. deirdre: melissa, thank you so much. david as well. here is what is coming up. a very fit debut for fitbit, one of the original investors is with us. he called this shot right. he will tell you what he is investing in now. we're introduce you to a portfolio manager investing in the business of growing marijuana. he says opportunities are just beginning. why two to the zoo or museum when it could come to you? we'll tell you. "risk & reward" starts now. deirdre: welcome to "risk & reward." i'm deirdre bolton. here are today's most important developments. the 21-year-old suspect in the