ashley: that was a big campaign promise and became the main event. >> 20 trillion of federal debt right now. big government. ashley: pretty big swamp indeed. the market down 74 points. still waiting for these appointments. my time is up. neil cavuto, it is all yours. >> thank you, ashley. and i am the trump tower as well. when you're trying to get in and out of there you are in public display and it's hard to sneak into that building. when anyone tries to get in there, and raising eyebrows of course with the likes of ted cruz and now senators coming and going. you can't hide. connell mcshane outside the trump tower with the very latest on who he sees and what word as any we are getting on appointments. connell: and keeping an eye, neil, debris about that. mayor deblasio is in there right now. it's interesting the trump transition team has been sensitive to the criticism in

the last few days as people go in and out about whether it's a chaotic environment and trump himself responded this morning to stories that "the new york times" and other places. the times in particular i think that for some sort of chaos in a series of tweets, trump to them on. "the new york times" story so totally wrong on transition. it's going so smoothly. i've spoken to many foreign leaders and then he went on to name some the foreign leaders he spoken to. we've also sn some enough to trump children going in and out and someone asked aaron tromp earlier today if there'd be any big appointments today. his answer was there likely was that they didn't tell us which ones the bay. we'll see how it goes. mayor deblasio in there right now. >> charlie kirk was one of those spotted at the trump tower. what does that mean? the turning point found u.s.

executive director right now. what were you doing right now? >> i was just given was just given them by attacking my god people and millennial spirit i'll take exception to what "the new york times" has said. i've not seen any disarray or deserted as soon. i see what i would like to call almost the avenger squad for freedom. this is a superstar team of people being assembled. we have a once in a generation opportunity to take what the american people have given this administration which is a mandate to get the people first and not make everything so centric in washington to date. this is an historic election and young people voted rather unexpectedly. the polls were a lot closer. the exit polls between hillary clinton and donald trump is millennial for a deciding factor. donald trump on millennial for the state of wisconsin of all places. just given advice and trying to give input wherever i can. i think the american people will be very pleased that comes out of the transition team and the

administration. neil: who did you meet with? >> i've got to keep that close to the chest and be careful what i say. however, with that being said, i was given advice on young people in the one meals and outreach. from everything i've seen it's an amazing team of people being put together. we have experts from all across the country that want these jobs in this position and quite frankly i can see the administration be put together with the leadership of vice president elect pants. he's doing a phenomenal job putting all these pieces together. the american people as i said earlier had given the trump trend russian team unprecedented mandate to really fight washington d.c. and really shake it up and i'm really excited to see results in the coming months and also january. connell: were you -- neil: were you conveying what young people want to see? >> to a large extent. i was going to the exit poll

data of what young people want a government. they don't trust politicians. they don't trust washington d.c. young people feel misrepresented good underrepresented in government. they believe politicians want to raise money and get reelect it. i was giving advice and feedback in generalities but also some specifics very data-driven at how the potential transition could better represent young people. whether it be obama or the bush administration, college student gone up in the windows in the workforce to collect washington d.c. is serving our best interest. this is something new and i've talked about a lot. we don't feel it could have social security and believe these programs paid and will be there for us. how do we make them more representative than make the one meals were engaged and feel part of this government? this is something donald trump talked about in his entire campaign is to be president of all americans in october on china compartmentalize people into different bracket and honor to give some advice and play a small part of that.

neil: charlie kerr, thank you very much. good to see you. and we've got charlie gasparino can the slightly older with his take on what the trump people are trying to put together. loyalty is first and foremost you >> it is. that is one of the reasons why rudy giuliani has the inside track on secretary of state. i've been talking to people pretty close to inside the transition team since donald trump has been elected president. you know, this is not a chaotic process. you know me, i would shrink away from writing a negative story about donald if this is not chaotic. this is a tough process. there's a lot to do. there's some competing interest as there isn't any frustration. to start calling a chaotic one-day event or a week is absurd. i will focus largely on the economic team, the economic positions in the cabinet. trump continues to narrow these

choices. we hear from inside the transition team the leading candidates for commerce secretary are wilbur ross, billionaire financiers and also now the name that comes up to dallas businessman named ray washburn, and dallas. they connect david to the business community as well. the former goldman sachs partner and hedge fund is still considered a top choice for treasury. as of right now, he is the man and has built a very strong they are an uphill battle for raising money. he can't donald in the game. rudy giuliani, the mayor i actually admire. i've been covering rudy giuliani for her 20 years. he's making a push or secretary of state.

i would say this. members of the transition team would rather have him as homeland security director or ag. this is a choice by the president-elect and giuliani has long ties with donald trump. you are talking about many, many decades. so you've got to give him the inside track. does that mean it's a done deal but you've got to give him the inside track. two other things economically. who's going to be the sec chairman to replace her chairwoman to replace mary jo white has announced she's stepping down and who might be the fed chair replacing janet yellen? we understand those decisions aren't like put off towards the end later in the process that the main cabinet positions will be dealt with first and later those two positions. if you ask me now about sec chair come you got to get it to paul atkins and longtime lawyer on the transition team. longtime commissioner on the transition team. if i was just to pull something out of my hat and say who could

replace janet yellen, it could be anyone from david malpass to larry kudlow. that's a harder one for me. two neil cavuto may be. neil: let me ask you whatever happened to chris christie? he was very loyal very early on, back in a former competitor it looks like he is going to come up. >> it's unfortunate because of the bridge gate scandal. listen, i think president-elect trump as loyal to him. he didn't throw out about the transition team. the bridge gate scandal is problematic. the last thing you want is someone in front of the microphone every day having to answer about bridge gate. >> is there been offered any post? attorney general said he presumably wanted. >> the guidance i was given

early on is that depending on how bad the fallout from bridge gate with the comment that type of how fairly high-level appointment is off the table. i think we'll have to wait and see. seeing how this plays out everyone know what he would get. if he does get attorney general, i think there is a perception issue they are waiting right now. kind of scary for him, his name has at least done anything lately. i will make more calls on that now that you brought it up. you know, when you don't hear the names,, it is often means you're on the back burner. take that for what it's worth. neil: if you're on the burner at all. >> good point. i'm coming back in the next hour. i'll have some breaking news and i'll try to take that as well. neil: thank you )-right-paren. charlie gasparino. the republicans have completed their leadership roster. you heard about ryan and the other leaders.

once again leaving the majority in this case the republicans in the senate. democrat rallied around chuck schumer to lead them, but when it comes to the house, that is still delayed. nancy pelosi might be in danger of being ignored, repudiated at the party she helped build.

neil: more sanctuary city protests across the country if they widen this out. a lot of these protesters have lightened their argument for not welcoming president-elect donald trump, later president trump telling them what to do to sane

illegals should be granted mass pardoning for chief immigration leader. they are upping the ante here. where is here. where is all this going? do not well, it's going to be a volatile few months. president trump will have some tough decisions on day one and it will start with what is going to do with executive action and the children, the dac program and where he takes that program. neil: it is the law of the land that she can't have a sanctuary city, the sanctuary cities look the other way. >> yeah, sanctuary cities is not new. they've been around a few decades in the question of controlling the purse strings to get their assistance. >> does the federal government have leverage and has never been forced? >> not probably as much as it could've been in the past. it is not necessarily critical to the federal government's

ability to enforce immigration laws. certainly the state and local participation help but they have enforcement tools beyond the state and local participation. neil: it always comes down to whether they are shielding our protect the not just illegals, but illegal criminals. that elements, that hombres. what do you think? >> well, that is something the federal government always points out, which is that they have state and local to hold someone on a voluntary basis and then release the individual, that's on the state and local authority on that question. i think there is no question you'll see this as a polarizing issue. you will see an increase in numbers it is comes days, public institutions pushing back on trump's enforcement agenda. i don't think that's necessarily going to sway with the trump administration does, but i do think it will escalate the issue and put it back in congress' court. neil: even though he seemed to

dial it back on attacking the 2 million to 3 million illegal supported keeping its members. ironically in line with the administration that it might not be 11 to 15 million illegals suspected of being here. >> this is a difficult issue for him to moderate his enforcement levels. unlike in the past if he expands the scope of individuals that are subject to immigration enforcement, it's a new world. they are more socially connect it. many of them have been increasingly part of the community. this those enforcement actions, even if there's no such chance of increasing numbers, they're much more higher profile and where public actions and that's a different scenar than the government faced driver 10 years ago. neil: i'm not a lawyer and i know you are in a very good one. but it would seem to me if you are bragging about being a sanctuary city come you're not letting anyone doubt that you are and furthermore that you will challenge the president-elect, soon to be president trumpet enforcing

federal law. you've got a potential crisis in the making because he would be the first president to so aggressively do so. where is this going to end? >> well, it is due to rain. difficult to say where it will end. i think there's a lot of cities and states which are not going to be quite sanctuary cities. they are going to be very vocal about it and in their locations they have a lot of support. but i do think that federal administration of immigration laws has been around and will continue to enforce those laws in to see conflicts at the state and local level but it's not going to be without a pretty significant public debate and some new legal issues you raise. neil: all right. we will watch closely. bush 43 immigration lawyer. keeping track of a couple things right now. interest rates backing up a little bit. kind of stabilizing today, but we have seen the bonds drop in price, backup and yelled all on

the belief that a president trump is going to get this economy going. and not to see the dollar soared as an attractive investment because while the west of the world is falling down that our economy, thanks to donald chung could be heating up. keep in mind oftentimes these guys are wrong. they are literally betting money on it, not stocks but certainly take a look at interest rates. a growing debt in december, almost a 100% chance interest rate they're going up.

neil: last week it was the president and the president-elect meeting. today is the vice president and the vice president-elect. joe biden will be hosting might pants over at the u.s. naval observatory. it's actually quite a large spread.

a lot of people have talked in the past that should be the presidential residence not only for his size, but that is shielded from public view in a safer location. be that as it may, it is what it is and for the vice president it will be his home for the next four years. republican congressman joins us right now. freedom caucus member. two different guys here, congressman. i am wondering what this vice president to be able bring to the table that joe biden maybe did not or did. would he say? >> i can't speak to what mr. biden did or didn't do because he didn't interact with the house hardly at all. i do know mike pence and he's already started to interact. not only had of the transition team but was involved sort of directly yesterday in discussions about reelect dean paul ryan. it was actually mr. pence, vice president elect pants because i knew him here in the house that

congress intends actually called me going into the meeting and said that, we want to make it clear that goatee, mr. pence in the president-elect support paul ryan for speaker of the house. there's an intervention there that has an immediate impact with the reelection yesterday. is the first example of what you'll see other very close working relationship between vice president elect pants and especially the house. neil: congressman, i know when it comes to tax matters to have to start in the house. many say they will end there. there's already talk talk that the trump folks might, might push corporate tax cuts first, then personal tax rates after that. how would you feel about that or should it all be on the table and introduced simultaneously? >> by on personal opinion is it's hard to do piecemeal because otherwise folks think somebody else's is not.

the best way from a practical standpoint is probably to do it all at one time. again, i didn't just win an election for president. if president-elect trump wants to push a piece now that's his prerogative. we are sitting back right now in the house waiting for indication from the transition team, from mr. trump, president electronic as to what he wants us to work on first. we are ready to go. we denigrate you wear go. we've done a great deal of work on tax reform and obamacare repeal and replace them. we are ready. we want to know the priorities are going to be for the white house. >> keeping house and senate republicans are on the same page? senate republicans just voted mitch mcconnell to be their leader once again. mitch mcconnell is already on record saying he's not a big fan of term limits. he says that is supposed to donald trump. he's also talked about mr. trump's plan to look at infrastructure spending through tax forgiveness of money held

abroad are incentivizing that money back to build roads and bridges, that sort of stuff. that was not a priority of mitch mcconnell. what do you make of that? >> to think that in a country of 300 million people in there have only two major parties, that any party is going to be entirely monolithic is absurd. they will be differences of opinion that the republican party. i have a long list of differences opinion starting with term limits. but those are the types of problems you would expect within large political parties. the real question here is what can we agree on? if it does happen to be tax reform, let's do that. if it's obamacare repeal a replacement, let's do that. mitch mcconnell doesn't like dogs drink anymore than i do or then president-elect trump does. we don't need to look for things we disagree on. let's find things that unite us and send a message back home to

the folks that elect to donald trump and me and mitch mcconnell that will fix e country. let's do those things sooner rather than later. one thing i do want to say is donald trump wants to engage or else he's going to get a very ugly wake-up call realizing things move very slowly over there and don't make at least some small changes to the filibuster rule the first 100 days are not as productive as the businessman president-elect wants to be. neil: thank you for a much, congressman. the consumer financial protection board, republicans hate it and see units missed a number of banking crises that popped up including wells fargo, they are not alone. we will see how that goes. meanwhile, you know right now looking at your own portfolio that you might be a little shortcoming of her retirement. the fact of the matter is you are not alone, not by a longshot which is why a lot of people are turning to tax cuts is the answer to beef up american savings. another argument in favor of big economic stimulus.

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♪ ♪ ♪ how else do you think he gets around so fast? take the reins this holiday and get the mercedes-benz you've always wanted during the winter event. now lease the 2017 gle350 for $579 a month at your local mercedes-benz dealer. harry lead is leading the senate. expands that to include the likes of them bernie sanders. and all of this at a time when republicans are cemented what they're gonna do in the senate and the house.

i could be ominous for nancy pelosi. one prominent candidate looking to replace her. there could be others. keeping an eye on what could be a retirement crisis and how that could help donald trump with these tax cuts that he has been pushing. adam, to you first with how bad this crisis is. >> were in the crisis right now because even if you're saving for retirement a lot of americans might retire into poverty. right now average monthly retirement benefit is it's about four grand more than poverty. 79million in 2005. here is what is troubling. today as of right now 31 percent of the american

workforce no retirement savings. access to a savings account to a private sector employee. 65% had access but only 48% are actually putting any money to the side. when you take a look at what people are saving is not enough when they retire. when you retire and that's the federal reserve. it won't carry you through. so even to those they're not saving enough. that could be the thing that he needs. give them more money to say. you can make the argument that this is can a potentially with these trump tax cuts proposed billions if not trillions. helping to deflate the balance

sheet that has come under so much pressure over the past decade. particularly social security. many of them become insolvent over the next ten to 15 years. it will help alleviate the pressure on these programs. provide an incentive for many americans that are sitting on the sideline missing why bother right now. look for a job when i am a minority partner in with the governor. >> many will hear that argument. they will say the concern is these americans will spend this money. but they won't save it. we have a savings problem. should we do something more to incentivize more of them to widen all of the limits. before they are there. we could. it's definitely a concern that they will spend the money. it can also be a very thing

for the economy as well. the more people spend the market demand that creates. the more companies will hire. there is a whole bigger picture we need to look at. the economy has done they had increased things like auto enrollment. it's been very effective. and getting them to say. it's been a great strategy. there are things that they can pull to save more. ultimately though they do need to spend less tax cuts may help them do that. >> we already had the tax deferral for the 401k they have not gone up in the last 30 years. that is why americans are strapped. it was never designed to be a retirement account it was a supplement to social security

in the pressure on the average working person right now is even if you do save you can't save nearly enough to close the gap to fall from middle-class into a lower-class retirement. that is a problem the trump administration faces going forward. >> to maybe do away with 4o1 kays and find another alternative vehicles. i'm sure that will die on the vine with the trump administration. with to rethink how we incentivize them or provide them with a wherewithal to say. it's automatically done the employer level. >> absolutely. we could certainly discuss of the type of vehicles that we need and place to get americans to say. the main point is that we need the economy to grow so that we can put people back to work which puts upward pressure on

incomes which enables americans actually have the dollars to put away. if americans don't have the income growth to actually put those dollars aside it really becomes a moot point. the fastest way to do that is with lower taxes less of a burden on tour corporate america and put people back to work. thank you all very much. we will see what comes out of that first 100 days agenda. thank you. in the meantime i do want to let you know were keeping an eye on what's going on at the trump tower. he is finally speaking to donald trump today. and he might be talking century cities. donald trump not a huge fan of the new york city mayor. here's what happens as they come out here. we talk about what a productive meeting they just head. so what else is new? how's your mother?

umm..she's doing good. she needs more care though. she wants to stay in her house. i don't know even where to start with that. first, let's take a look at your financial plan and see what we can do. ok, so we've got... we'll listen. we'll talk. we'll plan. baird.

he's looked at as being

positive to the market. mornings with maria. sounded pretty positive there. the dow has been doing quite well since president trump was elected. still up over 500. all doing particularly well.

can if you keep talking about it right now. he just wrapped up a meeting with donald trump. i raise my concern that this would make it impossible many of the changes that we need in our country particularly in the investments we so need an infrastructure here and new york city in cities and counties all over the country. i talked about proposed

deportation. any initiative that would create a rift between our police all over the country i would make it impossible for them to communicate it would so distressed. it will be counterproductive. beyond that that proposal countered and blue in the face about all that is great about new york city. a place that has succeeded because it was open for everyone built generation after generation of immigrants. i reiterated to him that the city and 70 around the country will do all we can to protect our residents and make sure that the families are not torn apart.

specifically the question of stop and frisk. about how they can create a wedge between police and community when it was used in an unconstitutional manner. it have gotten safer. we knew we were never going back to that policy. building a bond between police and community. i would let him know something that so many people don't know. there are 900 muslim members of the nypd protecting all of us. and every kind of person. and i told them we were very concerned we have a shall all new yorkers that they were

welcome. and that policy they would undermine our ability to create a dynamic where everyone felt a part of this community ready to work to protect each other. i also raised concerns about so of the messages and rhetoric. it has been hurtful. i let them know that so many new yorkers were fearful and more had to be done. to show that this country can heal the people in respective i left the meeting with the door open for more dialogue it's well known.

it's well-known that well known that we have substantial differences. i would also be vigilant. anytime action was taken that will undermine the people of new york city. i also know that new yorkers will stand together and stand up for the needs of working people were to stand up for immigrant brothers and sisters will sina for anyone with any policies is excluded.members ofm community. anyone who feels feels like policies are being taken that undermine them.

with that i'm happy to take your questions. this was a respectful meeting. in the very candidate meeting. i told them what i believe and what i was hearing for my fellow new yorkers. there was a give-and-take. but my job is to make crystal clear what is happening out there in the city. and i said on wednesday even though i have very real differences he is a new yorker i do think he loves the city i thought it was very important for hear what people

are feeling. an issue like stop and frisk. getting away from that policy actually made us safer. 900 muslim american. those were important facts. that was giving perspective. [indiscernible] i will not tell you that gucci and tiffany our my central concerns in life. but i think that the traffic situation is a very real problem. it's magnified of course because we are going into the holidays. we will address the issue on

friday. they are meeting with the secret service shortly and will be a much better condition. one that i can say and i feel very comfortable saying is that he expressed his appreciation for the men and women of the nypd and i expressed to him how proud i was of them and what a great job i thought. [indiscernible] neither. it was a candidate meeting and we'd spoken on the phone the other day. there was a break there. i think even people have very real differences can still have a dialogue.

it was a subsequent meeting. we just went right into the substance. i have a set of things that i wanted to raise and we just went right into it. >> i'm not can assume based on one meeting what the outcomes will be. it's important to have the meeting to insert the interests. and to give them that perspective. where goes from here will tell us a lot. i have certainly made clear that i'm open to a dialogue. nothing about people's fundamentals of beliefs changed in the meeting obviously. it remains to be seen. they are looking to see what he's gonna do. i thought it was important that he heard the people's perspective.

[indiscernible] i will talk about that. i obviously supported another candidate and she won the popular vote substantially as we all know. it is to work with the president-elect. it still has to be a dialogue. with a 62 minute meeting. clearly there was a lot of give-and-take. [indiscernible] i made my views clear about

mister bannon and i thought many people were afraid because of the things they have seen. i made those views clear. i've made my views clear about them. [indiscernible] >> he did not talk about his plans and it's too soon to tell. >> i will not characterize his position. he will choose to say whatever he chooses to say. >> your listening to new york city mayor bill de blasio.

i don't know for that conversation. one thing that set out to meet coming from the mayor's insane that it was a sanctuary city was great because of its immigrants. of course they protect illegal immigrants. this has nothing to do with new york city being a mecca for immigrants. that should not be morphed together there. hit a very snide comment about their traffic people surrounded by all of the attention around the trump tower. one of them right in that building. that is a problem for two big

businesses in the city. i would be paying attention. if you sell one item at tiffany that will pay taxes to keep buses going. it's not quite that way. it sounded to me like it was just here i'm airing out my grievances. you have to listen. i think the surprising part is that trump took the meeting. i'm not a fan of him giving credit. his ally he life he has to get done and to take time for what is essentially something for

him to grandstand on listen to what he said though. some of that was laughable. i would bet you that he so much further out of step with the nypd and so removed and what he intends to do to support law enforcement. all of that to me just is just kind of a joke. >> i was obviously the president-elect is meeting and hearing from all sorts of folks i think at acting at its core donald trump is a fairly big individual. he will never get those minutes back. i don't know what could be accomplished other than it does demonstrate that he will listen and he will take the time to listen to opposing points of view i think there

is credit and merit to that. i was good chatting with you. i wanted to first start up with the subject and expand into some other things. we are already getting word that tomorrow mike pence will meet with republican and democratic leaders in washington to preach get the ball moving here. the meetings are picking up the pace. >> i think they're making some traction and headway in their goal ultimately would be 4,000 folks. i do get is moving ahead. it doesn't help that people like the mayor of new york city or saint i don't care about the businesses in new york that is literally the quote he have. they sell a lot of stuff from there.

through the stores. heating gave it. i have to tell you there has been a lot of complaints about trump people were close to trump. the tone and what they say. they're being criticized right now you name it. let me tell you the tone on the other side just as bad. let me give you an example here my friend. as ceo of a san diego company have this to say on social media. he said i'm can it kill the president-elect. and bring it. and get this. it blew me away. he is working this on facebook. find a bedroom in the white house that search you. i will find you. this is just shocking stuff.

what's more is you're not really allowed in this country. no matter who he is. as i understand it it's actually a felony. his company is a security company. put him on in ministry to leave. he later resigned. they also reported him to the secret service. the tone, the rhetoric on the other side just as bad. a complete idiot. you're supposed to be leading people. not creating a riot. i think you go to the dictionary and you look up and you see the picture. can you imagine if this were an angry trump voter. threatening president-elect hillary clinton you would not hear the end of it. you're not hearing it anywhere else.

fair, balanced, i don't know.

>> i still cannot get over president-elect donald trump meeting for 62 minutes with a lecture in new york city mayor who was debating him on everything you can name. the fact that it's been a sanctuary city must recognize the rights of immigrants. they are about coddling illegal immigrants. but that just sort of morphed into a lecture on how into immigrants simply were. dissing biggest of the big-city employers. the are complaining about the passenger traffic around their stores because of what's going on. near their facilities at the trump center.

tiffany and gucci are not my major concerns right now. he doesn't really regret the revenue that the stores. on the left in the right. sixty-two minutes. he never gonna get that back. a presidential elect and honeymoon. people would lay off of him. a couple of months. they are trying to chew up. and bite off large pieces. what do you think of this transition process.

the way it's been greeted by many on the left. with the problems they were having. this transition team is no different than controversial. what do you think. >> absolutely. the difference of course is we have to be honest about this. we are a divided nation with strongly held opinions about a wide variety of issues particularly when you have both a popular vote victory in an electrical -- electoral college victory. it might be that they are feeling a little bit guilty. they helped to nominate him.

they're taking them down. at every possible possibility. we will discuss it later in the show. the way the trump camp largely ignores the media even last night. all of it seeking out for dinner and not telling anyone. in the transition office. as a sign he is dangerous. absolutely. he proved that he could win without them when he won the nomination. really astounded many people. how many experts in the media. here he's can continue doing gonna continue doing what he has done.

to tweet when he wants too. and talk to the social media what he wants too. and occasionally perhaps to hand out a little offering to the mainstream media. now and again like the 60 minutes interview which i thought was quite fascinating. >> let me ask you finally about how you think this is going to go. many well. i thought he was so does like the media. he won't feel any compelling need. what do you envision and what is a good sort of rule of thumb. >> have to give you the formal press conference once a month nixon did not have an awful lot of them. i think something like that can continually reach out.

he is going over the media. that's interesting. i think he will continue to do that. it worked for him. he is the president. you just put it brilliantly. president now. thank you. remember all of the coverage that you're getting. apparently they had resolved all of that. and their leadership is taking care of. then there are the democrats that decided this. in the house they are delaying everything. that would appear to be a civil work going on there. he is the president there.

last but not least. kelly, what is your sense of what's going on with the democrats particularly the soul-searching. in a quest to find a new dnc chief but maybe a replacement for nancy pelosi in the house. everybody thought they were to win. they thought the hillary clinton could pull together the coalition. and that they were winners. it talked about hillary clinton on her plane ride on tuesday morning. her team pops open bottles of champagne because they thought they have that in the bag. this is a repudiation of the agenda. under barack obama's tenure he lost 900 state legislatures. sixty-ree house seats. ten senate seats and 12

governorships. then i really know what to do right now. you have barbara boxer wanting to boxer wanting to change the electoral college. and then you have hillary clinton blaming fbi. and then the president all say everything is alright. it's just because we didn't do enough grassroots out reach. i think they would agree with at least this. what will the democratic party become. a return four years later too hard left. i know there is no rule of thumb of this. i think all of the discussions so far have been a very dramatic in terms of where

that democratics -- democrats are. they did expect to win. on the other hand they represent a larger tent than the up republican. anytime there any differences within the democratic tent there are going to be a lot of voices on one side. i think they will be tinkering around the edges. their second be a complete change of direction. >> you're the expert here. i think the party is can a go go hard left. i think it will go much more left. it might or might not work out for them. at least in the senate elevating bernie sanders. i think you have my point. the party will take it even harder charge because that was where the passion was. so you have to add one thing.

the only thing it was missing was a message. hillary clinton was an awful candidate with no message in tremendous amount of baggage and we saw that. we are not so far off as democrats. to make every party reassesses itself. and here he is now. the next president of the united states. what do you think happens here? >> just like they did in 2008 and 2012. it's actually in front of the trump tower organizing protest right now. he's too busy to do that. three out of four national elections after 2008 and now they had embraced in their leadership is 74-year-old socialist who has as part left views as anybody.

it has been a hard left turn. you have nobody in their ranks. this is the face. they have what they called the caucus in congress called the blue dog democrats. seventy members of that congress who are moderate democrats. they are gone. there is barely any blue dog democrats left. it has shifted late -- weight left words. history proves that usually that party comes back. how long well that take. i think the president trump administration will reach out to both sides. i think he has a relationship with schumer. i think you will see democrats emboldened because of that.

when they have the run of the table in the house. it was their way or the highway. i think donald trump has a mandate. we look at the election. there's 25 democratic seats up. donald trump has the upper hand if he really wants to push through the conservative agenda. neil: we do not that he is meeting the vice president. they talk about how they can put themselves in that office. in the most expected.

also looking how the trump folks keep the passion.

>> the very big focus is changes. in architecture. and infrastructure. a close of money confidant could be the next president of the nine seats. he is saying that that will be a 100 day agenda.

initial agenda of a president trump to stimulate the economy. corporate and individual tax rates. we shall see. on maintaining that passion going into this. begin with the obviously one. when it gets worn down very quickly. wear down the revolutionaries. how do you stop that. how did the trump folks resist that. >> thanks for having me. he does keep focusing on the goals that you have. we had known all along that we were up against a hundred years of progressivism we work in a sea change overnight. or in one year or two years.

i was gonna take time. we just had to keep forging ahead. and you have to keep your eyes on the end goal. for us in the tea party movement is personal freedom. >> is something about watching it. the most passionate mister and mrs. smith that arrive in washington lose it. maybe it doesn't suck the life out of me because i don't live in washington. i spent a lot of time around the rest of the country. i've seen the inter- weavings. he does have to keep focused on your goal surround yourself with people who care about the

same passion. it exists outside of washington dc. it is in short supply there. that was for $5 trillion in debt ago. do you worry when you hear a lot of the trump plans that to be fair to president-elect trump. that spending could worsen actually. i think if we see a continuation the kind of bills

that have been passed over the last seven and half years continue to pass. it is is to be governed differently. if those things are happening. it is still going to have a broader base. we are going to continue to work towards a debt-free future. we will do what we can to hold the administration and the congress accountable. we are very optimistic about the future. will watch it very closely. whatever you do at least initially it takes revenue out of washington.

we have learned to that. the democrats in the republicans that his just love to spend that revenue. the media has made it very difficult on donald trump. interesting headline. how donald trump will make russia great again in the middle east. the guy hasn't even started. he's arty saying he's can be helping russia. no way of proving it or no way of knowing it. just an editorial view pushing it at the front page. it's very easy to read. sixty-two minutes bill de blasio with president trump. this is a guy who was is lecturing on helping the economy. helping business as he trashes

two of the biggest businesses in his fine home called manhattan. he said he doesn't really give a damn about them. and he's the mayor. ♪ [vo] is it a force of nature? or a sales event? the season of audi sales event is here.

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select i will not tell you that gucci and tiffany our my central concerns and like. but i will think that the traffic situation is a very real problem. and it has magnified of course because going into the holidays. >> did you hear that. they are not a central concern of the mayor of new york city. if you've ever been to either their very expensive places. you are paid a new york city

sales tax of 4.75 percent. if i mayor of new york i would like will like that revenue coming in. and yet he just trashed them. he trashed two very big employers. he has been elitist about elitist. that's fine. but you and new york city are getting about 25 to 50 bucks of that purchase. that's not too shabby. the reality of that is. it just really ticked is really ticked me off when i heard that. it was just so typical class. susan, i almost fell off my chair. what you think.

i think the worst comments he made was about how he was can protect immigrants from donald trump. we don't even know what his plan is. they try to figure it out. we don't know whether it's can contain. he said is he to go after criminals. surely that would be a first priority. he also had certain cities and sanctuary cities that were protecting these criminals and that was the problem in this. now again morgan had a mayor's evoking their own undermining their federal government ability to deport criminals. is that what he's talking up. otherwise we need to let trump develop the immigration plan and let it play out in congress. everybody has to get past congress.

they can have the illegal immigration. new york city has been great because of its immigrants. he's absolutely right. the summer were talking about here. were talking about has its protecting and ignoring at least from federal intervention those who are here illegally. for those to go after illegal immigrants. or criminal past. referring to them as the same. are not the same. that is a problem here. we are a nation of immigrants we are proud of that heritage all of us are. they all have immigrant heritage.

what donald trump is talking about the criminals that are here that they are committing crimes in this country. the real open question i talked to senator lindsey graham last night and he was asked what trump is gonna do about the 11 million children that president obama in an executive order allowed. that is a real question and it's up for debate. right now were talking about mayors and them trying to undermine the emigration. i honestly think we need to come together as a nation right now and see what he puts forth. have at it. sixty-two minutes of enduring that the trump tower donald trump i guess he has more patience than his critics thought.

thank you very much. couple of these were following on the press. not relenting on donald trump even to the point of questioning and getting angry when he's sneaks up to dinner with his family. it gets a lot worse. when it comes to healthcare,

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neil: what is that expression? don't bite the hand that feeds you. new york city mayor bill a de blasio is not a fan of gucci and tiffany. they are complaining how traffic disrupted, with trump tower and president of the united states, dismissing their concerns. i'm sure he doesn't dismiss their money. city sales tax in new york is 4 1/2%. the state tax is 4%. reminded that, the metropolitan commuter transportation district has a surcharge of .375%. bringing the total sales and use tax on the island of manhattan and beyond in new york city, to 8.875%. so, if you are buying a gucci handbag and i'm told, this would be a bargain price for a handbag there, of $1000, you are giving the city and the state about 90 bucks, about 90 bucks.

and the mayor of the city is sniffing at that and doesn't have time to worry about a store's concerns, wondering if this continued, that revenue could slow if not stop in new york. you ar be arguing that you are repulsed by expensive stores but they are providing the means which you can do whatever the hell you want to do. you are the mayor! okay. i'm over that. charlie gasparino now with some updates on what's going on. what's going on, charlie? >> i'll tell you, man, talking about comrade bill de blasio very hard to do this hit but we do have, we do have breaking news on james comey. if you thought you heard the last of james comey you're wrong. from what we understand the fbi chief is weighing a possible public statement on clinton

email situation soon. he is weighing. we haven't confirmed of definitely doing this. our sources say he is going pack to explain to the public better why he did what he did. he cleared her initially. then he said on the her use of a private email server. he was reopening the investigation, right in the middle of the election. then, days before the election he said, he is clearing her on that. he has gotten a lot of flak both from republicans and democrats on that. donald trump basically called him out during the campaign, during the last couple days of the campaign. now from what we understand, inside of the fbi comey is signaling to his chief people there, that he wants to make a public statement to explain what he did and why he did it. now when this happens, i can't tell you, if it definitely happens, i can't tell you. we do know that the fbi, we did call the fbi. they have no comment on the matter. it may come down to the fact that his new boss who will be donald trump's, whoever he picks

as attorney general saying keep your mouth shut and let this go. at least that is what comey is selling people. what is fascinating about this, neil, he is planning the statement, i'm getting it from my sources that have direct knowledge of the matter. so this is accurate, there is still a investigation into the clinton foundation and its ties, donor ties between that and when hillary clinton was secretary of state under president obama. that investigation is still going on. so there is a lot of stuff here. you know, we don't know if hillary is going, if hillary clinton is going to face charges. the fbi has no comment but i can tell you that there is still a lot of movement inside of the fbi about this whole email investigation and, what i hear from sources inside of there, comey is signaling he wants to go out and explain what happened during the election. as you know it was very controversial up to the last day. neil: they have been blaming him for her loss even though bernie sanders just said today he had nothing to do with it.

she lost on her own and had nothing to do with comey. >> absolutely. neil: charlie, thank you very, very much. you hear it a lot lately how donald trump is not a big fan of the press. that might have come up once or or twice and given some. press headlines i see to this minute on donald trump i kind of understand where he is coming from. connell mcshane is at the trump tower. media research founder brent bozell and media research center, julie melcher. he doesn't say anything. the media is left to recognize on its own recognizable face comes in and out, with bill de blasio coming out to speak at a microphone. by and large none of this is preannounced, right? >> right. this is fine. they're not operating necessarily different from way other political campaigns operate. what got people worked up breaking of protocol when trump went you out to dinner with his family. went four or five blocks to have

dinner, but he dismissed pool of reporters assigned to cover him. people watching, big deal, who cares whether the media can follow him around but that is a big deal to some extent there is reason there is pool of reporters assigned to the president, president-elect. god forbids something happens or major crisis in the country, you want to know a, is the president-elect okay and b, what is he doing? that got members of the media upset. the other stuff is run-of-the-mill, regular press candidate or in this case, president-elect relations. neil: brent, i was looking through past presidents and picking their cabinets or going through staffing issues, because i thought, wow, trump is really way behind the curve here. he is actually ahead of it. but you would never know. i don't know when he will finally have a cabinet selected or for that matter who all the principle players will be but, historically, he is actually running a little bit ahead.

>> oh, you know, i'm just loving this, neil, i'm just loving this all this talk, i read the headlines about how he is not, trump is not being transparent. we just got done, we're finishing with eight years of an administration that said it would be the most transparent in history, that did nothing but hide information from the american people. the media never cared about the fact that we have never gotten to the bottom of benghazi.they d with irs, it has never been resolved. they never cared about the va scandals. they never cared about "fast & furious." they don't care that hillary clinton destroyed 33,000 emails. they don't care about the clinton foundation, by god, by gum, trump didn't tell them he was going out to dinner last night, this is awful. this awful. got to tell you, neil, i've been laughing all day. neil: it was the 21 club for god's sake. jillian, what do you make of all this, to connell's point a

little earlier, i don't think he will be able to do this as president of the united states. we need to know if the president, god forbid something happened to him, not as if we can be tuned out. where does he draw the line? where does the media draw the line? where does he draw the line because i have a feeling will draw the line? >> he has a lot of rhetoric how media is rigged against him, when you see uproar this is growing pain with new administration. should he tell them yeah. should he do better in the future? he needs a bit more transparent. you have the media focusing on him going out to dinner with the family, that furthers narrative. that narrative hasn't been true. look at amount of earned media coverage he gotten. buzzfeed had a piece all five media networks making concessions to him unprecedented down to how he was shot on television. with that in mind, this plays

what he is telling his red meat voters. neil: connell, getting in i word that president trump would hold fewer press conference or routinely go overheads of the media to go direct to the people? he is a great tweeter. he will apparently maintain the twitter account. how will he maintain communicating his words? reporter: he is already doing it today, with morning times attacks. didn't like the story about the "new york times" said that his transition was in chaos and went right after the times. i assume he will be direct. that is a way for him to talk to the american people directly. that is right, this is growing pains, idea doesn't seem like a big deal going out to dinner thing, we understand that. that probably will all change. we won't see anything like that again. your point you brought up, is the larger point of the day. we're in normal pros session of a transition. we haven't heard any cabinet appointees yet. we normally doesn't. george h.w. bush was exception to the rule.

he was sitting vice president. most president-elects don't make these type of announcements four, five, six weeks after election. all this is fairly normal with a few exceptions. neil: maybe may be guilt of the media. maybe to jillian's point they kowtowedded some of the things he wanted and weren't given scrutiny and now they will make up for that? >> well, they sure are making up with their attacks on steve bannon. i've been hearing for the last two days about how donald trump hired a white supremacist who is a anti-semite and, on and on it goes. all you have to do right now, listen to me, google steve bannon and any one of accusations you won't find one lick of evidence, yet media are piling on. cnn and everyone else is piling on. no, they're not giving a fair shot here. neil: jillian, interesting "new york times" headline right

now that donald trump's transition in disarray as democrats widen the tent to bring more players in. ignore ignoring the fact that the democrats have not finish what they're doing in the house, delaying votes. historically by time period this transition is not running late or at odd? >> this is definitely legitimate thing to cover. there will be many of them. if you look at some of the reporting been done past couple days about potential conflicts of interest, i think media did a great job covering how the clinton foundation posed conflicts of interest to incoming president. i think trump organization will need some scrutiny. reaction a lot of media is having now with trump's transparency i think is reflective how he handled it with two dozen different media outlets having press credentials revoked. neil: that would do it. you're right. thank you very, very much.

here is the headline i mentioned. democrats widen leadership tent as trump holds off on cabinet. they haven't widened leadership tent. they don't know what they will do in the house. holding off on cabinet he is running ahead. i think it is fair to be fair and balanced more after this. ♪ come on, wake up!!! come on, why ya sleepin'? come on! what time is it? it's go time. come on. let's go, let's go, let's go. woooo hoooo!! yeah!! i feel like i went to bed an hour ago. i'll make the cocoa.

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i want to focus on the oil patch today. super exciting news. price of oil not moving a whole lot. oil is moving up and down quite a bit. there is news on inventories around inventory build and russia potentially agreeing to opec output. u.s. geological survey announced its biggest oil find in the agency's history in midland, texas. it is in the wolfp camp shale. lee times the size. we're talking about 20 billion barrels of oil here, three times the size of the bakken shale discovered back in 2013. why isn't oil moving a whole lot? they need advanced drilling and fracking to get to it. there is look at major integrated oil names in reaction. we want to change the way we see the world by changing the

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anything that has a camera lens. nexoptic is taking things from a conceptual stage into the real world. neil: interest rates back up a little bit as markets become increasingly anxious, actually hopeful, if this case that we see a pickup in economic activity. that makes everyone happy except those trying to get a mortgage or refinance the one they already have, because those rates have been back up. we have rick schargeer who thinks that states will go back, rates could go back down a little bit. rick, help me with this, this backup in rates we have seen, how bad could it get?

i mean for a lot of people it could make all the difference between getting a mortgage or not? >> well, right now we have to take a deep breath because it is not too bad just now. for 100,000-dollar loan the average borrower will pay $23 a month before the election. that really shouldn't have any effect on the housing market. the real question is how high inflation is expected to go. how much, how much growth we'll see in the economy. that is actually driving bond yields which in turn drives interest rates. keep in mind, yield, 45-year average looking at interest rates 8.25%. we're still right now below four. neil: i glad you mentioned that because of perspective. i talk to a lot of young people, neil, i might have missed a boat. looking at mortgage, 3 and 3/4, 4%. i think when i first got a mortgage i think i was paying per day. perspective is everything, it will still be jarring to a lot

of folks but what do you tell them? >> it will be. there will be adjustments. two things people need to keep in mind, as interest rates go up, home prices go down and some markets slow down. interest rates going up based on the notion we'll see job creation and better-paying jobs and that is missing through the whole economic recovery. neil: what do you think? a lot of people fear we'll get back to real bad inflation. i don't see that yet but what about you? >> i don't see that either, i think there are too many things in place to make that an issue. we've been hearing from the fed for years, that we're going to be seeing 2% inflation and we haven't approached it for a long time. but i think that you will see as the economy grows you will see more normal levels of inflation but doesn't seem likely we'll see a huge balloon. neil: thank you very much for that perspective and history, rick. we all needed that. rick sharga. i want to switch to washington.

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are they saying? reporter: audi, for example, this is the audi q5 back here, one of featured vehicles at the show, they just built a huge plant, audi did, in mexico. we have a picture of it. it's a massive plant. they will build all q5s around the world for u.s. markets. if you look at other plants, dwarfs the size of ford plant. one thousand acres. 15,000 workers. they can make 150 audi vehicles a year. i asked the president is he worried about all the tariffs around rest, he said take a slowdown. >> if you look at what trump said on "60 minutes," he said relax. that is exactly what i'm doing. i'm looking do we want the same basic thing, america to be great? yes. want america to move forward and run a strong car market.

you i believe in those principles. i will not speculate what might, what could, what should. what i see someone who wants a strong economy. that is what we want. someone said relax everything will be fine. i couldn't agree more. reporter: scott keoug. had is new yorker like trump interest. sometimes we say things that we don't necessarily mean. doesn't mean we will blow up the world. he is confident that nafta will not be blown up and all will be well in the automotive industry. neil: hopes. jeff flock, thank you very much, my friend. great job. we're waiting to hear from the outgoing vice president and incoming vice president. they're meeting at the vice president's residence in washington, d.c. when they come out we'll go to them. much more after this. if you have medicare

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neil: a quick look at the dow, on the verge of breaking the 7-day winning streak since donald trump was elected president of the united states, bill gross is out there, joining liz claman at 3:00 eastern time to spell out why he thinks that. many disagree. trish regan right now. trish: last time i talked to bill gross he sounded confident on the policies. we got president trump, president-elect trump on a mission vowing to, quote, drain the swamp and it appears to be exactly what he is sitting out to do as all lobbyists are purged from the trump transition team. the key advisors, it will not have roles in the new administration. welcome to "the intelligence report". this was his pledge.