unquestioned. don giordano, tammy bruce, thank you for being with us. that's it for us. we thank you for being with us. please join us monday. have a great weekend. good night. >> announcer: from fox business headquarters in new york city. the new "wall street week." maria: welcome to "wall street week" the show that analyzes the week that was and positions you for the week ahead. here are some of the big headlines of the week that will continue to impact investors. wall street closing in a negative territory. markets were closed on good friday. the sexr s & p capital i.q. says earnings are expected to be up more than 10%.

bank of america and gold man action are expected to report next week that may well set the tone for markets. the market did move volatile and slightly higher wednesday after my exclusive interview with president trump. he said this to me on a timeline for tax reform. >> we are going to have a phenomenal tax reform. but i have to do healthcare first to really do it right. maria: where are they on that? also on "wall street week," the banks kicking off the earnings season with strong results from jpmorgan and i will speak with john mac coming up. meanwhile, tension is building abroad. this weekend marks the 105th

birthday of the founder of north korea. chinese president xi jinping is calling for a peaceful resolution after president trump redirected navy warships towards the korean peninsula in an effort to deter north korea from testing another nuclear weapon. the russian leader says the level of trust has deteriorated between the u.s. and russia after the military strikes against syria it was a chilling news conference with tillerson and his russian counterpart. united airlines continuing to take heat after a video went viral of a passenger literally being violently dragged off an overbooked flight. the stock took a hit after a video of the incident. at one point it was down a billion dollars in market value.

it's a big black eye for congress. turning back to washington, the biggest headlines taking place when i sat down exclusively with president trump. in his first business interview with the fox business network since taking office. he says it will be hard but he has confidence of bringing a new bill on healthcare to the floor followed shortly by tax reform. he says he's committed at a minimum to lowertax this year. >> we are going to have tax reform at some point very soon. i think we are doing well on healthcare. it's been have much misreported with healthcare. when haven't failed. we are negotiating and we'll continue to negotiate. we'll stay $900 billion -- if you look at the kind of numbers we are talking about, that's all going back into the taxes. we have to do healthcare first to pick up additional money so

we get great tax reform. we'll have a phenomenal tax reform. but i have to do healthcare first. healthcare has been going along -- it's negotiation. it's just a negotiation. it will take a little while longer. congress is coming along with great people in congress. we'll have no democrats. zero. that means we have to get close to 100% of the republicans. not an easy way to run a government. you saw that with justice gorsuch which we are proud of. but almost no democrat support. even though was central casting like the perfect supreme court judge. so we'll see what happens. i think we are doing well with healthcare. it's like breaking news. after that we are going to start our tax reform and infrastructure. maria: do you have to do healthcare before tax reform. when i speak with business

managers, they say tax reform is more impactful. >> they are rite. but because i'm saving hundreds of million of dollars on healthcare, we'll have a much better plan than obamacare which is failing. even now as i came in here they say payments have to be made that weren't scheduled to be made on obamacare, if you don't make them, it fails. we are saving tremendous amounts of money on healthcare when you have get this done, and all of that saving goes into the tax. if you don't do that, you can't put any of the savings into the tax cuts and the tax reforms. >> how do you know you won't have a similar battle? who is to say that tax reformment fail the way the house bill does? >> i think tax reform will be easier. but it will be tough. a lot of people have their own agendas and different supporters of people in congress.

they want certain things. tax reform is going to be tough. but it won't as tough as hng. healthcare is tough. look at hillary clinton. that failed. you look at so many of the others. and obamacare failed. they just in the end gave up just to get the vote. you look at what they had to do in nebraska where they essentially gave it tow away for nebraska to -- gave it away for nebraska to get that final vote. this will be a much worse year for obamacare. it's gone. essentially it's gone. if obamacare isn't bailed out almost on a monthly basis it immediately fails. we have a great healthcare plan that i think will happen. and if it happens, then i go immediately to tax reform and that will happen. that will be easier than healthcare. maria: how are you on the bored adjustment tax. >> i haven't wanted to talk

about it. i don't like the word adjustment because or country gets taken advantage of by every other country in the world. when i hear adjustment it means we lose. maria: any tax at the border? >> let's call it an import tax or reciprocal tax. >> we have companies that charge us 100% tax if they sell a motorcycle or they make it in america or make it in the united states. they zell it to various -- they zell it to various countries because the tax is 100%. 50%. 40%. but if they make a motor vieblg and sell it back into the united states, they have no tax. do you think that's fair? and do you think that's smart? i like the idea of reciprocal.

the reciprocal tax is important. nobody gets angry when you say reciprocal tax. when you say reciprocal, nobody fights you. when you say i'm going to impose a 10%, 20% border tax they don't like that. they don't say other countries are charging much more. there has to be a certain reciprocal nature to it. but nobody can get angry. even the other countries, it's like they are charging 50% tax. whatever you are charging, we are charging. they may not like it. but they can't get angry because they can't win that battle. maria: what if you have a debate. >> we can keep trade and certain things separate. we may put it in the tax code. we are going to be bringing back

as part of this -- i think the number is closer to $5 trillion. you have been using $2.5 trillion. but the corporate inversions and the money over there is $2.5 trillion. we have been saying that number for five years. it's probably $5 trillion or $4 trillion. that money is coming back. we'll charge a small tax on that money and the companies will bring that money back into the youth and do lots of good things with it. right now they can't bring it back. it's not just the high tax. i have friend who want to bring the money back. the bureaucracy, the paperwork, the work to get it in, it's not worth it. maria: which is why you are rolling back regulations on executive orders. corporate or individual ways more important. >> both.

the middle class has been taken advantage of for so many years. in terms of jobs, probably corporate. but they go hand in hand. maria: have you moved off this deadline to get this done? are you looking at later in the year? >> i put a deadline on healthcare and the fake news went crazy because when i didn't make the deadline, although -- i said withdraw. i didn't say take a vote. i said withdraw. that same thing is being negotiated and great points are being won and lost. the great points are being won that will lower premiums and make our healthcare incredible. by putting a deadline they are saying trump didn't make it. healthcare will happen at some point. now, if it doesn't happen fast enough i'll start the taxes. but the tax reform and tax cuts are better if i can do

healthcare first. maria: how do you do structure. >> i see it as part of the healthcare plan. phase two of the healthcare plan i get 0 -- i get 60% for that and the democrats will love the infrastructure plan. maria: we'll have more on foreign policy and the economic plans. "wall street week" comes right back. >> announcer: when it comes to washington, voters are used to bickering. but president obama says it's worst than ever. >> the level of hatred is incredible. >> announcer: as it meets up will americans be left out in the cold? it's over. i've found a permanent escape from monotony. together, we are perfectly balanced, our senses awake,

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maria: welcome back. healthcare, tax reform, justice

gorsuch and all all things trump have led to serious arguments on capitol hill. since it all started the bull run has gone flat. i had the opportunity to ask president trump about the divide on capitol hill. >> the level of hatred is incredible. i am not saying just the last 90 days. it's the last few years. it's a great level hostility, and they are putting their hatred way above the benefit to the country. things they do can have such benefit. maria: former morgan stanley chairman john ma mack is with m. i just heard what president obama said. congress used to go out and have lunch together, have a coffee together. it seems there is so much tred, they can't get anything done. john: it's hard to get things done.

but there is so much news that you are always looking for what is the story, everyone wants to say something different. i think that puts a lot of pressure on the politicians to respond. we want the news, we love cable news. but in my view there is so much attacking different congressmen whether it's the democrats or republicans it makes no difference. maria: there is the thinking maybe tax reform and infrastructure can go side by side and that's a way to get the democrats under the tent. you think that's critical. infrastructure. john: all you have to do is drive the streets of new york or la guardia airport and you see infrastructure is weak. the president and the leadership need to figure out a way to cut certain program to make sure we focus on infrastructure.

our train system is obsolete. it's a great way to create jobs and get people to move from a to b city without going through the rigmarole we do today. those are important focuses. on tax reform, that's an issue, but i don't find a huge issue. the most important issue is let's look where we are wasting money. i think president trump is doing it. where can what he cut back? if that can create tax relief, i'm all for it. maria: they are trying to make it more cost effective. they are trying to bring premiums down. the committee for a responsible budget says it's going to add to the deficit. john: we have to lk at all t ogram,et's start wh farm

subsidies. let's talk about what's going on in the oil and gas industry. can we cut taxes if we get people to build alternative energy. i think there are a lot of things we need to look at. let's look at the foreign aid we give and who we are giving it to, and is it a good investment for us. the president is right. we need to look at everything. there is no one bullet you can shoot that will solve these problems. maria: i want to find out where the growth stories are in the country. we'll take a short break. when we come back we'll hear from john mack on investing opportunities. >> announcer: everyone knows john mack is a banking giant. but can he become the next tech giant as well? "wall street week" returns.

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maria: we arta with former morgan stanley chairman and ce sorks john mack. john has been investing through private equity on his own. the growth story has been technology for a long time. you are fierndl -- you are findg different areas within technology. john: i'm fascinated by these young men and women and how creative they are. technology continues to accelerate and change in our lives. for me to be around young people so creative and thoughtful and to give them coaching. they are so focused on their technology, sometimes they don't controls the ts and dot the

is. and from my experience you have to cross every t and dot every i. i feel like i can help them and coach them. but the creativity is what turns me on. i want to make money. but just as important is to see how people are thinking and how technology will change our world. that's to me a turn-on. i'm concerned about jobs. not jobs growth. it is what it is. creating jobs. technology is going to continue to erode our people and the opportunities for work. i think that's a big issue for us. a good friends of mine, david sealing, we talk about it. and the only real groalt industry is senior living and assisted living. it 7living -- it's got to be bigger than that. maria: you were talking about an app where you can be at the

airport and you can get a program and get the audio. >> it allows you to be in a sports bar, the airport, wherever it may be. tv is on. you put your phone on, tap it, and all after sudden you get audio. and the gentleman who built this. we have a million use terse now. we spend no money on advertising, it's word of mouth it makes your life easier if you are waiting for a plane at the airport. financial technology whether it was in lenldsin -- whether it wg club or some of the mortgages. financial technology, let's say around community bank or a major bank, more and more bank will be

done online. if that happens will we be eliminating jobs? the financial technology is change the way we invest, the way we save, the way we get our information and where we get our advice on what we should be doing. i do it because i love tech and the financial markets even more. maria: what do you think of this rally in terms of the stock market? >> i'm net long. i have some concerns about the global world and what's happening. i did put on a short with the a & ps. i'm sticking to it. i think you have to hedge a little bit. maria: "wall street week" will be right back. what if technology

gave us the power to turn this enemy into an ally? microsoft and its partners are using smart traps to capture mosquitoes and sequence their dna to fight disease. there are over 100 million pies of dna in every sample. with the microsoft cloud, we can analyze the data faster than ever before. if we can detect new viruses before they spread, we may someday prevent outbreaks before they begin.

maria: welcome back to "wall street week." the week ahead looks like this. we have the housing numbers. housing starts. manufacturing pmi, existing home sales. all key economic indicators to watch. but it will be the earnings story that drives stocks. 10% plus is what i'm hearing i terms of earnings growth from the first quarter. interestingly revenue will be the mover and the notable events of the first quarter. revenues expected to be up 6%. dish, netflix, bank of america. american express. the black stone group and general electric. all the names to watch in the week ahead. that will do it for us at week. thanks for joining us. next week join us for our exclusive guest, the chairman

and ceo of blackrock. i'll see you sunday morning at 10:00 eastern on the fox news channel. "property man" begins right now. for 35 years, i've been practicing law and living in las vegas, ground zero for the american real-estate crisis. but it wasn't just vegas that was hit hard. lives were destroyed from coast to coast as the economy tanked. now it's a different story. the american dream is back. and nowhere is that more clear than the grand canyon state of arizona. so we headed from the strip to the desert to show you how to explore the new landscape and live the american dream. i'm gonna help real people who are facing some major problems, explain the bold plans that are changing how americans live, and take you behind the gates of properties you have to see to believe. at the end of the show,