retiring by the end the year i'm looking at my 401(k), i will retire in four or five months, maybe prudent to take a little money off the table. that is what i'm thinking. liz: i hope you're thinking this is great fireworks on fox business. we have it, dow, nasdaq and s&p set to close at record highs. [closing bell rings] we hit the trifecta. ashley webster and melissa francis get to pick it up here. i got the confetti and fireworks. melissa: another record day for stocks. you are making money. all three major averages finishing at new all-time highs. i'm melissa francis. ashley: ashley webster in for vacationing david asman. god bless him. this is "after the bell.." dupont, caterpillar, goldman sachs all driving blue-chips higher. phil flynn, price futures and a fox news contributor watching all the action in oil. there is ashton in oil and gold

from the cme. lori rothman on floor of new york stock exchange. hello, lori, you're looking at the day's biggest winners in the s&p. reporter: biggest winners across the board guys. it was another record-setting day. look at stats. if it seems we're reporting lifetime highs in the benchmark averages every day, well it is pretty close. for the dow the ninth record of 2016, the nasdaq the fifth record, i had to throw that out. the numbers are just staggering. looking at s&p year-to-date it is up 7%. dow just about 7% gain for its part. nasdaq up 5%. driving the s&p 500 today, micron technology. this is a chipmaker. analysts are saying the pricing power climate is looking pretty good for micron. shares are up better than 4%. wynn, the operator of course the big casino, wynn resorts in macau, got approval for $4.2 billion resort to commence operations on august 22nd.

also let me tell but the vix. interesting trend, the vix, volatility index was down as stocks were soaring. but towards the close it did reverse course and closed higher. there was question about how much confidence investors in wall street had in the rally, because if that is slowing down, with stocks going up, you have to wonder, back to you. melissa: thanks a lot, lori. phil, oil setting a four-week high. crude keeps on climbing, what is going on? >> climbing? it is exploding. we're up almost 11% in three days, it is incredible. a lot of talk about the talk between russia and saudi arabia, actually talking over the weekend. a lot of speculation that a deal is in the works to freeze production. it could come as soon as september meeting. that has traders going. but it isn't just about that. it is about u.s. oil production. we got a report today from the energy information administration that said for the second month in a row u.s. shale oil production has fallen. it is fallen 2.2% in august.

they expect it to fall another 1.4% next month. so that is pretty incredible. that means the extra rings they're putting in isn't necessarily going to put on new production -- rigs. it has other production. big run-up on gold. pullback from the highs. gold is up basically the market doesn't think fed will move. good day for gold. back to you. melissa: phil, thank you so much. ashley? ashley: starting off the week with new highs. major averages ending the day with record closes. let's bring in our panel. jason rotman, lead he dough aisle advisors and james freeman from the w -- "wall street journal." jason to you first. hard to remember that the markets were diving because of a fear of a global recession. here in august, another record high today. if you didn't get in on this is too late?

>> list, it is not too late. i think market has up side. everybody on the channel and everywhere is talking about the major three enat that december reaching -- indices reaching all-time highs. if you look for opportunity, russell small cap index which is several percentage points all-time highs. i'm telling my clients to look at. that is only place to look at. i think that goes higher, bigger and better than the dow, nasdaq as well as s&p. david: ashley: james, let me go to you. phil flynn mentioned the fed. the chance of any rate hike at all seems to go down. fed funds future rate down 45% chance. is this all artificial or at least based on some fundamentals? >> i would say some fundamentals. certainly a lot of artificial. look at central banks around the world really pushing people into equities. rates negative on a lot of sovereign debt especially in europe. low rates fixed income here in the u.s. there is a lot of artificial government stimulus in the market.

but at the end of the day we're the best house in a bad neighborhood. people still want to invest in the united states. ashley: we're only game in town, jason, would you agree with that? we're only gained of place where you can put your money and grow? everywhere around the world is certainly not the case? >> sure. at the same time you have a lot of very smart people trying to get into the key major emerging markets we're very high. i think russell will go higher. look at key developing economies as a longer term play, to try to buy low. ashley: jason likes the small caps. stay there. we'll be back in just a minute. melissa: tim cook striking back of critics of apple's strategy to avoid paying u.s. taxes saying, quote, we'll not bring it back unless there is a fair rate. there is no debate about it. it is current tax law. it is not a matter of being patriotic or not patriotic, doesn't go the more you pay the more patriotic you are. hmmm. is it fair to say tim cook is in

step with trump, what do you think, james? >> 100%. trump is saying 15% corporate tax rate that means there would be no more corporate inversions. 10% bringing money back. all that cash, 200 some bill apple has overseas come back to the u.s. what is hillary clinton saying? same as barack obama. look attacks reform as opportunity to raise revenue for the government. melissa: jason what is amazing to me is, he outlined a lot of what donald trump said. at the same time, remember just from the conventions he refused to allow apple to be part of the convention. in the past they supported with technology both of the conventions. he has come out strong against donald trump but then here he is, really just reiterating his policy on taxes. instead he is supporting candidate doing exact opposite what he said he wanted in his statement. she is all for soaking companies to pay for all these freebies? >> right. exactly.

and perhaps there is more to that support than meets the eye. obviously candidates are not just singular facet about taxes. melissa: not to me. >> as far as apple and government -- it is all about the money. you know, listen, apple's hacking the tax code and this is capitalism which means, money flows to where it is going to get the best return. melissa: right. >> tim cook is a smart guy. that is why he is doing it. the u.s. government has to figure out how to outhack apple. as long as they're not doing that, tim cook is doing what is best for his company. melissa: he is saying plainly what most companies think, coming from somebody who seems generally left of center. he talked about having a fun raiser for paul ryan, a little bit over the map but socially liberal, coming out saying something about not being patriotic, doing what is right for the shareholders and doing what is smart. we're following the law. if you make it fair we'll come

back but the corporate tax rate is just not fair. how could folks on the right believe same thing he did, no matter what side you're on on ceo saying it publicly? >> if it helps us talk about tax rates and the economy and how this really hurts workers, when you have high corporate tax rate. a lot of research last few years, kevin hassett wrote about it in our paper. a high corporate tax rate is largely paid by workers. this is chance to make it a kitchen table issue. cook needs to look at trump plan. this is the basically the end of the problems where actually the united states would be welling companies, people would want to locate here, want to invest here, instead of right now the administration is basically trying it figure out how we punish people for leaving. >> james, you're so right. gentlemen, thank you. ashley: tesla ceo elon musk has habit of missing his own projections. that is not good. according to "the wall street journal" highlighting the task that musk

fallen short on his goals for the company 10 times every year for the past 50 years? what is that, 50 misses? james, let me go to you. elon musk famously said i don't set targets i that can't be met. apparently not living by his own mantra. >> that is a concern for investors you wonder how long they're selling the dream. also his company is basically a taxpayer-supported vehicles well. when you look at all the subsidies, the mandates, state level, federal level, you really have to ask, is this a legitimate company? he has talked about it getting to a trillion dollar market cap. don't you have to operate in the real economy, deliver real value without taxpayer help to get there? ashley: that's a good question. jason, why is it wall street seems to give him a pass? because he is p.t. barnum entrepreneur? >> no. i think, you know he is the first mover in when wall street is looking at as the future of

vehicles, of sustainable energy, and that is is kind of a sexy topic so to speak. not like there is no proof of concept with what he is doing. he is just not living up to his own self-set expectations. why you still have the stock above $200. a couple key quick points though. i've been saying this, we're bound to see tesla drop 20% but not overnight. people will get tired of waiting for the big things to happen. ashley: yeah. >> number two, i think musk's legacy will be very positive. he is the guy started the electric car revolution. as we see more competition that is reason why the price is not sustainable. ashley: hang on. we're out of time, guys. tesla is turning into a battery company in the end anyway. thanks, jason and james, thanks for joining us. we could spend the next hour on elon musk and then some. melissa: absolutely. milwaukee on edge after second night of violent protests over a

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ashley: donald trump speaking earlier and pushing his plan how to fight terrorism and defeat isis, all while hitting hillary clinton and the obama administration. blake burman has the details from the speech. blake? reporter: this was billed as donald trump's plan to defeat isis but through much he decried the iraq war and nation-building, how he feels he has bert judgment than hillary clinton. trump says the rise of isis is direct result of policy decisions made by president obama and his former secretary of state. >> the obama-clinton foreign policy has unleashed isis, destablized the middle east and put the nation of iran, which chants death to america in a dominant position of regional power and in fact aspiring to be a dominant world power. reporter: trump did refine a couple positions in his speech today, most notably that initial

muslim ban that he had proposed. trump today proposed temporarily suspending immigration from regions that export terrorism in places which can not adequately screen who might not want to come to the united states. trump says idealogical screening test should try to identify, who, for example, supports things like sharia law, bigotry or hatred and who does not believe in the u.s. constitution. trump also added that one of his first acts as president would be to set up a commission on radical islam. ashley. back to you. ashley: interesting stuff. kind of subdued donald trump. thank you very much. melissa: let's bring in walid phares, trump's foreign policy advisor. fox news contributor. was that the speech you planned, was the delivery you expected and what grade would you give it? >> i could not give numbers or grades but number one the charge against donald trump that he is

islamophobic is dead today. the other charge that he doesn't have a foreign policy plan is dead today. now we can discuss substance. melissa: let's drill down on those two because on the first one, seems like those who feel like he is xenophobic or prejudiced against muslims will never be convinced otherwise. when you look at the text of the speech, instead of focusing on what the reporter before you said about how he talked about territories that have been exporting terror they're already online highlighting fact he is looking at a idealogical screening. people have to respect our values and people. we'll do extreme vetting to keep out sympathizers to isis, they're taking that as almost mccarthyism, how will you check how people feel and who they sympathize with? this is unrealistic and xenophobic. how do you respond to that response. >> we have, he has two audiences he is concerned b of course the american national public. he has american muslim and middle-eastern arab communities at home. melissa: okay.

>> you have the arab and muslim world outside. he needs to explain to them with them, their majority with the moderates, reformers against jihadists. the opposing camp didn't want hill to do this they were blasting him, blasting him. against all muslims, want to do ban, who is terrible. i in touch with many people abroad, had many difficulties in explaining until he delivered the speech. now there is a speech, now it will be discussed. at least we passed one cap. second of course is about vetting. vetting is what he criticized obama-clinton administration for removing all the elements of vetting which are idealogical. if you ask analysts on national defense or national security how will you determine, if they start moving, start having explosives but how do they radicalize, is the biggest question this administration was not able to ask. melissa: he clarified points i would stand with nato. he was critical of nato before, that they were worthless.

now they pivoted they are in line where he is so he accepts that. he says it makes sense to team up with russia to fight isis. that has been a big point of controversy that this idea he doesn't have automatic hatred of vladmir putin. do you think he threaded that needle and do you anticipate pushback on that? >> these are issues, hiss relationship with putin he likes him, that is not really geopolitics. what geopolitics is? he will build consensus here at home with congress, two parties. our allies in nato. he criticized nato not because essence of nato he wanted them to do more against. >> madists. he talked about collision with arab sunnis and president el-sisi and prince of jordan. we have one little margin of work with the jihadists we'll drop that what he is doing, large worldwide consensus with jihadists. melissa: you explain a better point where he is coming from than he does.

maybe he needs to make ads. there is something to that. make ads. ashley: donald, here are talking points. total devastation in louisiana. catastrophic flooding creating havoc in the southern part of that state displacing 10,000 residents. new details about hillary clinton's interview with the fbi. what lawmakers are about to learn. >> this is a person who has lied repeatedly. she lies about lying and now lies about having lied about lying. across new york state, from long island to buffalo, from rochester to the hudson valley, from albany to utica, creative business incentives, infrastructure investment, university partnerships, and the lowest taxes in decades

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melissa: incident to the fbi investigation of hillary clinton emails fox news is confirming the agency will hand over its notes to congress as early as this week. fox news's catherine herridge is in d.c. with the latest. catherine, what are we expecting? reporter: well, melissa, congressional source has confirmed to fox news portions that of fbi file may be released to congress as early as midweek but the holdup appears to be legislative affairs at the justice department. the house government oversight

committee wants the notes from clinton's fbi interview in july over that holiday weekend. these interviews are not routinely recorded, but a summary is drafted based on the fbi agent's notes. this summary is known as a 302. >> in terms of this particular interview they will learn everything about the content of that interview by looking at the 302 and backup and backup notes and if you get a collection of 302s from a particular investigative file, you essentially know everything that's significant to know about that investigation. reporter: during his congressional testimony fbi director james comey promised to give congress as much of the clinton file as possible. >> commit to giving you everything i can possibly give you under the law, and to doing it as quickly as possible. that said, that means i got to go back and sort it out. for example the 302 of secretary

clinton is classified at the tss, csi level, but we'll sort it and do it quickly. reporter: congressional republicans also asked the fbi to investigate whether clinton lied under oath offer he email practices during her testimony. >> did she investigate her statements under oath on this topic. >> not to my knowledge. i don't think there is referral from congress. >> do you need a referral from congress to investigate her statements under oath? >> sure do. >> you will have one. you will have one in the next few hours. reporter: fox news is told that the fbi and justice department have confirmed receipt of that perjury request, though know timeline is provided to congress as to when that work will be done, melissa. melissa: a lot to chew on there, catherine. thank you for staying on top of it for us, we appreciate it. ashley: hillary clinton looking to voter registration talk to a group that can't vote

themselves. dreamers, brought into the country illegally as children. their goal to convince sympathetic latinos to vote for clinton saying donald trump's immigration plans could result in their deportation. melissa: gop writing off trump, so they say. why some leading voices are giving the republican nominee just a few more weeks to change his tune. ashley: how is that -- melissa: yeah, i know. ashley: vice president biden hitting the campaign trail in his hometown of scranton pa. his message to donald trump. former governor mike huckabee responds next. >> he is trying to tell us he cares about the middle class. give me a break. to repeat myself, that is such a bunch of malarkey. it makes no sense, none. none!,! none! none! [cheering] oh, look at you, so great to see you! none of this works.

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america. don't cheer, just listen. has known less, or been less prepared to deal with our national security than donald trump. melissa: total quantitative analysis. former arkansas governor, mike huckabee, former presidential candidate and fox news contributor. what did you think of what joe biden said there. >> i was laughing out loud. no there was one person who elected president had thinner resume' than kate moss's body, that would be barack obama. the person he served with seven 1/2 years. good heavens! this was a president who came to the office, having never accomplished anything ledge slate tiffly, never having a significant adult job which he ran anything, ran anything, supervised anything. it is remarkable that joe biden would say that. melissa: you see joe biden out on the stump today. he is the guy that goes out on the campaign trail and appeals to the common man.

this was a, this was a stop planned awhile ago. there was yet another terror attack i believe it was that pushed this off. so they are out doing it today. seems like trump is losing this group though? >> joe biden is a great campaigner. he is a good speaker. he connects with people. i will give him that. joe is terrific campaigner, far better than hillary clinton. to me the takeaway incredibly awkward encounter and hillary clinton when he got off the airplane if you get a chance to see the footage, his mantra today was all hands on deck and hers was the song by the georgia satellites, keep your hands to yourself. it was classic joe biden the, mr. touchy-feely. you could tell hillary was not unbelievably and visibly uncomfortable with the whole thing. >> you know, not everyone is comfortable with that. but back on the subject of trump a little bit, as it seems like

as he gets out there, i talked to more people over the weekend, recently who would come , gosh i liked him for a while but he has gotten too crazy. he has gotten off message. i was hanging in there for him and he is just veered off. he said too many, you know, stupid things basically. how do you battle back against that? you're a good advocate for him. what would you tell him and what would you tell people out there? >> well, the truth is, i was with him last week and it is not that he is saying things that are all that off the wall. it is that the press takes what he may say in one-hour speech, they take 15 seconds of it and they will pretend that is all he said. melissa: i concede that is true. they definitely, before -- night is. melissa: beating up republicans they liked it. he is now beating up democrats, the media doesn't like it, he is saying outrage just things. he has to talk directly to the american people, to the american people, outsmart them. how do you that, mike? >> he needs to stay focused like

he did today in the speech on terrorism. like he did last week at the detroit economic club. both were presidential, substantive speeches. it is just hard to listen to those speeches and act like there was something terribly wrong with them. i was with him when he made a wonderful speech to the national homebuilders association in miami beach, a terrific speech. he connected to that audience. it was substantive. there was depth there. but there was also incredible personal connection. i think he has got to ignore the fact that the press is going to beat him up. that is what i suggested to him. just say every day, when you look in the mirror, the press is not my friend and move on. don't fight back with them because there is no advantage there. and, i think he has got to focus on one opponent, hillary clinton. melissa: right. >> not the press, not other republicans. >> a lot of people are saying that right now. he needs to focus on one opponent, hillary clinton. we'll see if you can get him back on track, governor. thank you. ashley? >> thank you, melissa. ashley: governor huckabee. thank you. fresh concerns about donald trump's temperment and

whether he is running out of time to change it. a new "wall street journal" editorial saying quote, if they can't get mr. trump to change his act by labor day, the gop will have no choice but to write off the nominee as hopeless. james freeman is back with us from the journal. here, emily shire, bustle political editor and caleb bonham, republican strategist. thank you you all, james. you're part of the journal editorial team. that is a bit harsh, isn't it? speech on economy in florida. speech on foreign policy today, is he getting the message? >> the two speeches you mentioned he did a pretty good job. he has to stay out of unnecessary fights. he has to focus on the economy and terrorism. i think those can be winning issues. i'm not writing him off now. i think he can win this thing but the truth is he you know performing given, look at facts on ground. hillary clinton should be

losing. as far as the other candidates, if you're running in the house or the senate, you have no choice. you have got to win your race. if he is not helpful to you, eventually you have to find some way to be independent of him. ashley: emily, let me bring you in. he is fighting hillary clinton. he is fighting media and fighting republicans, these 350 republican national security advisors, saying, he is not fit for president. can donald trump turn around the opinion of the people in his own party, and the country at large? >> look i think it's a tough battle for him. he is waging the war against the media which is not only waste of time but last presidential candidate possibly in history who should be battling against the media. should be thanking them. study in march he got nearly $2 billion free media coverage. if you want media to be hard on hillary clinton, he should shut his mouth. she is deeply flawed candidate but hard to focus on all the things when he is making insinuation about second amendment supporters assassinating her.

he is doing that to himself all on his own. ashley: let's bring in caleb, supporter of trump. caleb, how does donald trump maintain the anti-establishment, tell it as it is politician while not overstepping the bound? when he does, any other message he tries to get out there is lost. >> first off, thank you i wouldn't quite classify myself as a trump supporter. what i would say is donald trump is facing extremely uphill battle. losing all battleground states by nearly double-digit numbers in majority of these. he gained a lot of support in the primaries coming out against political correctness. against the way we've seen politicians behave for so long. that is where he is losing general voters as well. because he is not focusing on issues. people don't look at him, see him as commander-in-chief. they don't see him as presidential material because they see him fighting battles with the media. we all know the liberal media is liberal. you're not going to win votes making voters feel sorry for

you. time to focus on issues. ashley: mike huckabee just said, ignore the media. james, emily, caleb, stay right there. melissa: putting skilled employees out of work. chinese imports to the u.s. taking a toll on the omy leaving some voters rally behind donald trump. jeff flock is in chicago with the details on the story. jeff, what have you found on the ground there? reporter: that is one of the issues you're suggesting donald trump ought to stick to and it is actually such a pretty good issue. somebody named clinton said it is about the economy, stupid, things like trade and loss of jobs because of trade overseas. take a look at these numbers. they're pretty staggering. if you take time to focus on them. look how much chinese imports increased in the u.s. in the last 25 years. from, see what numbers are, $15 billion worth in the 1990. now $483 billion. that is 3,000% increase. it means a lot of job losses in industries like furniture.

for example, hickory, north carolina, once the furniture capital of america, 25,000 lost jobs thanks to imports, down 13% there. we visited about five years ago a u.s.-made furniture-maker that made the furniture in the u.s. they were touting that. they were building that as a real positive for them. now five years later that company, named baker road, out of business. it is because people opted for cheaper foreign imports. trump has mentioned that, as you mentioned yourself, he has been kind of off message. listen what he said about though, when he thinks hillary clinton thinks about the next potential big trade deal, the tpp. >> their donors will make sure of it, a vote for hillary clinton, is a vote for tpp. and it is also a vote for nafta. hillary clinton will never withdraw from tpp.

she is bought, controlled, and paid for by her donors, and special interests. 100%. she has been a disaster. obama has been a disaster. reporter: that is world market, cost plus world market behind me, melissa. a unit of bed, bath & beyond. they sell furniture from all around the world. it is good solid furniture and it is cheap. it makes it awfully hard to compete with that if the playing field is level, that is to say they get to sell it in the country for what it costs them to make it, makes it hard for u.s. companies to compete. melissa: interesting. jeff, thank you. ashley? ashley: law and disorder. violence erupting after a fatal police shooting sparking new concerns that law and order is out of the control in america. deadly flooding destroying homes and businesses in louisiana. >> i'm heartbroken. i'm heartbroken.

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melissa: violence erupting in mill walk key after shooting of an armed teen by a police officer. he is talking about tribal behavior. listen. >> tribal behavior takes over. when tribal behavior takes over the law of the jungle replaces the rule of law. that is why you end up with what you saw last night. it was a little better. not good enough for me. i won't be satisfied until these creeps crawl back into the hole so the good law-abiding people living in the milwaukee ghetto can return to a calm, quality of life. >> a a lot to unpack there. we have michael balboni, homeland security director previously for the new york state. react to the sound bite.

>> i have actually spoken to sheriff clarke. he is incredibly articulate. i think his comments are just, it is so devastating to hear someone in public office use those kind of words about folks. i mean, just takes it to a totally different level. he is the top law enforcement officer. i will be critical. he should be sending out totally different message. this is about the commune and protecting people. it is not about denigrating folks or characterizing behavior like that. melissa. in his defense i heard him say a lot of things as he came out over last 48 hours talking about his city getting torched. he talked about the riots caused by urban policy and failure of economics in urban areas. the idea these are people who feel like they have no stake. when you have nothing, you have nothing to lose. that there is tremendous unemployment,0% of the community, he says is growing up without dads. black unemployment rate at 32%. the school system is terrible.

he says milwaukee wasn't like that when he was growing up. he felt like he had options. it has been this dependence on the government dole that has disenfranchised people. do you think that is problem for law enforcement? >> when you take an officer, make people safe, go out to patrol the neighborhood they're not in the business of understanding what policy is. they're not in the business understanding what the politics are. they are supposed to know about their communities and how to protect them. so what's happened now, particularly after baton rouge and dallas, you have a different dynamic on the street for the police officer. anytime there is an incident, whether it's justified or not, you're going to have potential tension for this type of violence to erupt. in the aftermath of these riots we got data from the police that said 30 shots fired were detected. so obviously there is weapons out there. and you know that there is this, some folks out there who want to take it right to the police. so everybody is on edge. which means you really set up

for a violent confrontation between police and public. melissa: that is lot what he was getting out. now comes out in the aftermath, the officer was black. the victim was black. he was armed. that the sort of the conclusions that people leap to. >> right. melissa: that cause them to burn the city down before they knew the facts were incorrect. he says he really feels like we're moving towards anarchy, where there is people ready to riot regardless of circumstance traveling around the country and sparking. you wonder how it could erupt so quickly in the cities, that there is a movement behind that, that is really pushing us towards anarchy. that is his feeling as law enforcement. could that be possible? >> absolutely. look at protest message that there is inherent racism in the justice system. that is the message. evidenced by the killings. you look at the actual facts of killings themselves. you take a look at instances, you put out the news, it wasn't the way you thought it was. it was different. and that isn't calming people.

so the question is how do you get to that point of dialogue. only way you do it, really reaching out to the communities. this may be a nationwide issue that so many people are looking at. it is all about the community and community leaders. melissa: absolutely. a lot of people saying exactly that. michael, thank you so much. very thoughtful comments. we appreciate it. ashley: thank you, melissa. to southern louisiana where historic floods killed at least six people and forced tens of thousands of people out of the homes especially around baton rouge. authorities say it will be several more days before the death toll could be confirmed. even the governor became an evacuee, after chest high waters filled basement of the governor's mansion and knocked out power. the flood warnings are all the way across the upper midwest. look a plume of moisture heading toward from the gulf coast all the way up to canada. >> donald trump is pushing his plan. melissa: to fight terrorism and vet immigrants with a test.

what does it consist of and will it work? that's next. there's something out there. that can be serious, even fatal to infants. it's whooping cough, and people can spread it without knowing it. understand the danger your new grandchild faces. talk to your doctor or pharmacist about a whooping cough vaccination today.

ashley: donald trump explaining extreme measures he plans on taking fighting terrorism and vet immigrants coming into the united states. >> i call it extreme vetting. i call it extreme, extreme vetting. those who do not believe in our constitution, or who support bigotry and hatred will not be admitted for immigration into our country. ashley: emily shire, caleb bonham back with us. caleb, let me go to you first.

i assume you saw the speech. did he come across as a strong leader in the fight on terror? >> donald trump has been leading way to take the of islamic this is like liberals idea of gun-free zone. i don't think it will work. idea of terrorists coming into the country willingly offer up information they are terrorists looking to do harm in this country, i don't think that is quite going to work through this policy. ashley: emily, let me bring you in. extreme wetting. he said the word extreme vetting three times as you know in the sound bite. idealogical screening test. what do you make of all of that? >> i found it all dangerously ambiguous and also there were a fee key points raised a lot of red flags of hypocrisy. when trump found it entertaining joking inviting russia to hack

u.s. government officials emails that would assume nopass ideology test. he calls for extreme vetting, he won't turn over the taxes. i don't know what he means by extreme vetting in that regard and whether i would pass it. outstanding that he called for turning away people who preach bigotry and hatred when he thinks a judge is unfit to do his job because of his mexican heritage. ashley: caleb, can you respond to that? what do you think about what emily just said? >> well, i think, a lot of what emily said is accurate and that is the big concern among republicans, is because, you know, donald trump needs to focus on these issues. he needs to attack the issue of defeating isis in a way that the obama administration has failed to. i think having a war on particular ideology is not a successful way to win over swing voters. if he gets more specific, which he is doing a great job of, a lot of speeches he is becoming specific in foreign policy proposals and economic proposals and tax plans. he has to focus up and stop

being ambiguous with the idea if you're bigoted you are not allowed in the country. liberal definition of bigoted a lot different than donald trump's definition of bigoted. that is a plan that could come back to haunt him if he is not careful. ashley: we're running out of time. emily, caleb, thank you very much. appreciate it. melissa: usa reining supreme in the medal count but even fastest men and women can't outrun or outswim irs. u.s. olympic committee awards athletes for $25,000 for gold medal. 15,000 for silver, 10,000 for the bronze all of which is taxed at maximum of 39.6%. according to americans for tax reform. they give them money and take the tax. five go ahead medals and one silver, michael phelps earned at $140,000, he will pay $55,000 in taxes because the government had a lot to do with his training

and you know, how he got so fast. ashley: okay. melissa: so they need their piece of it. ashley: monte carlo and hang out with -- melissa: amazing. ashley: not fair. so much for all the gold. today's the day, by the way, melissa been looking forward to this. melissa: whoo-hoo. ashley: got her hands on a whopper-rito. melissa: i wonder if it is looking like that. ashley: coming out of the microwave. full report. we'll not hold back. no way. ♪

ashley: flying everywhere, oh, my goodness. melissa: it has arrived, the whopperito, it is healthier. a whopper -- your turn. ashley: i can eat two then, one of your producers tried a whopperito for lunch, in act,

said it was not bad but he is not running out the door to grab one. >> we have our own, a cheeseburger. ashley: it has pickles in it, i am deadly afraid of pickles, they are the devil devil's food, they ruined it. melissa: it pretty good. >> a new approach which must be share by both parties in america. by our allies overseas, and by our friends in the middle east. must be to hold the spread of radical islam. we cannot always choose our friends but we can never fail to recognize our enemies. deirdre: donald trump making a key speech on national security, a big part of it fighting radical islamic terrorist and isis. this is "risk & reward," i am deirdre bolton, arguing that tighter immigration standards are needed to keep citizens