liz: we'll put your stocks on lizclaman.com and facebook.com/lizclaman. thank you, bill. [closing bell rings] nasdaq losses extend to a second day. fed funds futures are pricing in a 99% chance of a rate hike announced wednesday. david and melissa. david: the dow ending lower after hitting new record highs last week. after a big run-up, tech stocks are dragging markets lower. the nasdaq dropping for a second day but settling well off session lows. that is good too. i'm david asman. melissa: i'm melissa francis and this is "after the bell." more on the big market movers but first here is what else we're covering during this very busy hour ahead. job creation, job number one this week. president trump launching a major initiative alongside daughter ivanka aimed at getting americans back to work. another high-profile hearing on capitol hill threatening to push

aside the white house momentum. what we can expect when attorney general jeff sessions taking hot seat. a well-known new york play is under fire. why big-name advertisers are cutting ties. among our guests this hour, byron york, dan henninger, ralph nader. david: ralph fade e nader, haven't seen him for a while. the dow sinking into the close after hitting a record high on friday. take a look at the tech heavy nasdaq. the months long rally has stalled. the index closing down nearly 1%, this after dropping 97 points on friday. we have you covered with nicole petallides at new york stock exchange. but first to lauren simonetti at the nasdaq. lauren, what is driving tech lower? reporter: because it's a crowded space and it is really high-priced at this point but maybe not so, david, with the capacity two days of incense selling for nasdaq. 1.8% drop on friday and modest half a percent drop today for the nasdaq. it is still up this year by about 15%.

this still has been a successful trade but we're starting to talk about pullbacks of 5% drop from a recent high corrections, 10% drop, and of course the bear market, right? speaking of this, netflix, very popular stock, up 1500% in five years time. at one point at the low of the session today it did dip into the correction territory, not closing there however. other stocks hit really hard from two days of selling? apple, amazon, which by the way despite the declines today, piper jaffray gave this stock a $1200 price target. microsoft, i want to point out am. did, advanced micro devices is a semiconductor used in so many big popular gadget makers, in bear market territory. goldman sakes -- goldman sachs says sell it, down 7%.

melissa: nicole? >> apple got downgrade on friday from pacific crest. today another downgrade from mizuho. not that they don't like apple or it is faltering but they think for the most part the new iphone is factored into the stock price. apple is down 6% in two trading days combined. down to 145.32 and that that the valuation is really high on that particular stock at this time. that is why they're lowering their price targets. that drags on the dow. for example, on friday, dragged 40 points off the dow. today off again. here are some laggards, united health, visa, microsoft. the airlines was off, transportation, airlines in particular got hit hard. because everyone of the airlines down more than 1%. traders i've been speaking with, they're looking, waiting to see whether or not people start to nibble at tech, now that it sold off. that is number one. expecting that rate hike on the 14th.

bake of england and bank of japan later in the week. these things could be market-moving events. melissa: setting up for a big week, thank you, nicole, for that. david: more on the nasdaq plunge, let's bring in today's market panel. liz peek from the "fiscal times." steve cortes from hispanic 100 and fox news contributor. liz, what is happening to tech? >> i think it's a pretty natural market protation to tell you the truth. you have a pretty big surge, 2% those stocks are up -- 27% these stocks are up since beginning of the year. they get to a price where they're no longer great bargains. we'll talk a lot about the fed raising interest rates and its financials who will benefit from that. maybe some other industries but i think investors are saying hey, this does increase the uncertainty a little bit going forward. let's take money off the table but by the way, if rates go up i want to move back into financials. david: steve, i'm going to make a link and i don't think it is too much to say, that a lot of

techs rise over the past three or four months has had to do with donald trump. had it not been for trump being elected president, they would have more of government interference with the internet through net neutrality, you know that would happen, the fact that they haven't had that overhang means they are going up, up. it had to come down a little bit? >> david, isn't that ironic? there are probably few places in america where donald trump is less popular than silicon valley. david. yet he is wonderful for silicon valley. i'm so proud of this as american, that america dominates tech because i think a business largely been left alone by the government, thank goodness. not too much regulation. not too much interference in their business as opposed to say health care or banking or the i don't think. i think liz is exactly right, i think this is about rotation. i remain incredibly optimistic. i do think we'll get a tax package through that will be momentous for the economy. david: let's hope. >> having said that, tech has

run a heck of a long way. in the context these pullbacks are not that material. i think it is time to rotate into some less favored groups like financials, like energy. melissa: so "the apprentice" front and center in president trump's jobs agenda. the president will travel to wisconsin tomorrow with his daughter ivanka to put renewed focus on apprenticeship programs in the u.s. >> we'll help get our young people the technical training that they need to pursue really excited careers and careers that, at they can make good money. they can really earn a great, great salary and maybe open small business. melissa: liz, the questions from the regular, you know, general assignment reporters that were out there today in the press corps were horrible about this they totally didn't get it. our own blake was fabulous. they said this is indentured servitude. they said why, why is the administration not willing to put its own money up? how will this work out money?

businesses train people they need for their jobs in that community. am i crazy. >> you're not totally crazy. i thought secretary acosta did a great job, measure the impact of these initiatives by the trump white house to get young people back to work. let's not measure it all in the amount of money the government will spend. i thought that was incredible clarion call for reviewing government policy and how we look at it. what trump is trying to do here and elsewhere is the get the private sector involved, not only on job initiatives but on infrastructure spending. melissa: yeah. >> infrastructure design. this all makes so much sense. common sense is the enemy of everybody, right? but not of the trump white house. they're trying to do the right thing. this is really good way of focusing again on the jobs issue. melissa: steve, i talked to so many ceos who need a specific skill in their community because they have a plant there, they need i.t. help.

they have a bunch of jobs open. nobody's skills in the community meet that they would love to set up the junior college or high school in the area to train people to been their workers. we haven't done that before because of regulation. do you think regulation will look better now for this to happen? >> melissa, i sure do, i hope so. there is not much i want to emulate from europe but this is one scheme i do want to copy from germany. the apprenticeship model make as ton of sense. sadly what we've done unfortunately in america we sent a lot of young people into college degrees that aren't worth a whole lot, saddled them with a whole lot of debt. what do they do? they move home have trouble getting jobs in food service. instead of learning a tangible real skill a craft. apprenticeship program allows that will be beneficial for america going forward and our competitiveness. david: there is a big shake-up at general electric.

i'm sure you all saw this. long-time ceo jeff immelt steps down and health care head, john flannery will take over as the company struggles to boost profits. far be it from us, steve to den any great any competitor. melissa: we never do that. >> however, here is a piece from last march, jim cramer has faith that ge's jeff immelt can cut costs. well, clearly he didn't and that's why he is out, no? >> right. i think maybe all of us by the way are former employees of ge, nbc universal. so we're not going to trash them. but let me say this, if i quit fox as contributor and fox, if news corporation stock vaults higher because of that i will not be happy about that or proud. ge, as far as their business model goes it has been a vasts underperformer for a very long time. even with the jump today, those who hold the stock are happy about it, it still trading half of where it was at its peak with the market at all-time highs. it needs to be much more than

one person. there needs to be serious restructuring at ge. david: activist shareholders are stirring things up. i like it when ceos are held to account either by the board or act he activities, don't you? >> yes i do. in fairness immelt made a lot of very tough decisions. got rid of and bought hundred of billions of dollars in new businesses, got rid of a lot of things. he made a few wrong bets. go back to what he took on a company half financial services. david: right. >> nobody really recognized that at the time. they sailed into the financial crisis and it was a mess. you know, i think immelt deserves some credit for getting through that, getting definitely diversifying the business but made some wrong bets and insulting to him have the stock go up over 3% today. i think that is kind of the way the investors look at this change. melissa: silicon valley ride-sharing giant uber could be facing a shake-up as ceo travis kalanick is reportedly considering a three-month leave of absence from the company

after a string of scandals and controversies. the news comes as uber's spokesman is now confirming that senior vice president of business emil michael, a top lieutenant of kalanick's will step down from the company. liz, what do you think of this? >> well, look this is a disruptor company and like so many of its kind, it has had some pretty unfettered business practices and obviously in that kind of climate a lot of scandals typically come up or often do. but look, the ceo here has created a 70 billion-dollar business, and it is something that the entire country has come to rely on. i think he is, may have personal issues. his mom was killed in an accident. there may be reasons for him to step away from the company. melissa: yeah. >> but he will be back. he needs to be back. he is the guy that built this he understands the idea of it. i think he is created something that is really genius. melissa: steve, there is always these inflection points with these companies where you have

an entrepreneur who had the idea and is a genius and started the thing up and it grows to such a size and clear it is here to stay and need to transition a ceo that can operate it, entrepreneur to the operating guy. do you think that is the transition is marking at uber? >> you know, melissa i do suspect that is what it going on here but i think there is something a little more nefarious going on that uber has become, i'm not saying right-wing organization or conservative group, because they are so upsetting to the political order, particularly a lot of taxi associations and union organizations in major cities they become a very convenient target. i'm not sure they would be under the microscope under presently if they were a different kind of disruptor. i think some of it is unfair. some is probably founded. the board will figure it out. it is amazing company. melissa: interesting perspective. liz and steve, thank you. david: get a check on oil climbing for the second day as traders look ahead what is expected to be a drop in weekly supply. crude up a quarter to 46.08 a

barrel but gold dropping for the fourth straight session closing today at 1266 an ounce. melissa: so happening right now the senate is voting to move forward on the bill imposing key sanctions on iran in relation to its ballistic missile program. support for international terrorism and human rights violations. david: also taking place right now, treasury secretary steve mnuchin is testifying in front of the house appropriations subcommittee on the budget. we're going to be monitoring this for any headlines and bring them to you. also want to remind you tomorrow, on maria bartiromo, the treasury secretary will be sitting down with maria 7:00 a.m. eastern. a "first on fox" interview discussing treasury's report on cutting financial regulations about which more right here in couple of minutes. melissa: all right. cutting back on regulations, president trump looking to limit the enormous power of the consumer financial protection bureau that that has over american business. ralph nader says not so fast.

he says the president should think twice about this one. david: doctors cheating the civil. a medicare mistake costing taxpayers hundreds of millions of dollars. results of a brand new audit. >> another high-profile hearing on capitol hill taking place this time tomorrow. attorney general jeff sessions on the hot seat. byron york of the washington examiner on what to expect. >> he believes that the sooner we get this addressed and dealt with that there has been no collusion he wants to get this investigated as soon as possible and be done with it an continue with the business of the american people. ♪ [vo] when it comes to investing, looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that often reveals a better path forward. at wells fargo, it's our expertise in finding this kind of insight that has lead us to become one of the largest investment and wealth management firms in the country.

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a data fueled, security driven shift in applications and customer experience. which is why comcast business delivers consistent network performance and speed across all your locations. hello, mr. deets. every branch running like headquarters. that's how you outmaneuver. tthat's why at comcast,t to be connected 24/7. we're always working to make our services more reliable. with technology that can update itself. and advanced fiber network infrastructure. new, more reliable equipment for your home. and a new culture built around customer service. it all adds up to our most reliable network ever. one that keeps you connected to what matters most. david: yes there is another one gearing up for another big hearing. attorney general jeff sessions to testify before the senate

intel committee to answer more questions of possible russian init appearance in the 2016 election. our own blake burman live at the white house. i'm getting kind of fatigue on these hearings, i got to admit, blake. reporter: james comey last week, jeff sessions tomorrow. the department of justice says sessions will be testifying publicly, they put it, because he wants to. here is statement they released earlier today quote, the attorney general requested that this hearing be public. he believes it is important for the american people to hear the truth directly from him. he looks forward to answering the committee's questions tomorrow. that led me to ask the white house press secretary sean spicer at the briefing earlier today, essentially, if the white house signed off on sessions testifying tomorrow? here is what spicer said. >> congress generally speaking sets whether a hearing is open or closed based on the sensitivity of the subject. >> is the president okay with testifying in this open setting tomorrow?

>> i think he is going to testify. we're aware of it, and go from there. reporter: sessions will be likely asked about his contacts with the russian ambassador, sergey kislyak what they talked about, how many times they talked along with the decision-making process and conversations he had with president trump in the lead-up to the firing of jim comey. however, sessions, david, could keep hush on that topic should he decide to cite executive privilege. that led me to ask spicer the following. do you believe he should invock executive privilege of conversations between himself and the president on the relationship? >> depends on the scope of the questions. to get into a hypothetical at this point would be premature. reporter: basically a tbd there. sessions was here at white house as part of the first full cabinet meeting president trump summoned here at 1600 pennsylvania avenue. david, when sessions is

testifying tomorrow, 2:30 in the afternoon, should last two hours or so, president should be on his way if not on the ground to wisconsin. the white house is really trying to focus on this workforce development week they are rolling out tomorrow. also with stops at the labor department wednesday. a big roundtable here at the white house thursday. however tomorrow instead, much of the focus instead will be on jeff sessions's public testimony. david: i was keeping count. you're 0-2. sean didn't answer either your questions directly. melissa: at least he asked smart questions. people did not ask smart questions today. reporter: sometimes him not answering a question like those two leaves open possibility. all we can do is ask, right? s. david: absolutely you do it all the time. melissa. melissa: he is the best. here is byron york, washington examiner columnist and fox news contributor. what should we listen for, what is your take, byron?

>> the reason sessions wanted to do because we heard more and more buzz accusing him of having more contacts with the russians than previously known. maybe there was a meeting at the mayflower hotel here in washington and i think he wants to set the record straight about those things. doing that in public is a lot better than doing it in private where it might involve classified information and in any event it would involve having senators come leak about it afterwards. melissa: yeah. makes sense to answer these questions in public. melissa: he is the one that requested it be in public. gives you a sense or impression he is trying to create that he doesn't have anything to hide. then everybody shifts to the other question is he there for himself as a witness, how far does he go, does potentially ensnare the president somehow? >> first of all his biggest intention to talk about what he has done and not done. remember when he announced he

was recusing himself early in march, he described what happened in the two encounters with the russian ambassador kislyak. i'm sure he will talk about those in more detail. i'm sure he will talk about the reports, to knock down some of these reports of some sort of a third meeting. now, for example, that february 14th meeting that james comey describes at the white house where the president asked everybody else to leave the room and then talked to comey by himself, sessions was one of those who was asked to leave the room. i'm sure will be asked what was going on in that meeting? probably would be a good idea if he could to describe as much of that as he can. melissa: when james comey gets out there he sets table he likes to give an even portion to everybody. he threw out delicious bits for both sides during his testimony there. of course on the other side loretta lynch, what he said about she told him to say it was a matter, not an investigation.

he said that was absolutely untrue. he said he did it anyway, he was even though in essence lying by saying that. now this opened up this idea, you know, to ask loretta lynch why that was and what they were talking about on the tarmac? seems like democrats are kind of piling on like this might be a good sacrificial lam on their side. what do you think of that account? am i making sense? where do i go wrong? >> it makes sense. simply shows what happens when the washington investigation machine gets started. melissa: yeah. >> investigations do not contract, they expand. and they always expand. and look is there any practical reason to go back to reinvestigate all this email stuff in my personal opinion, probably not. and certainly certainly whatever loretta lynch said during shouldn't be part of the russia

investigation. it would be better if people focused on the issue at hand. melissa: buy rohn, thank you. always so smart. we appreciate it. david: he is smart. another judicial roadblock to the president's travel ban. the ninth circuit court of appeals in hawaii blocked president trump's executive order suspending travel from six nations, nations originally targeted by the way by president obama. the court claims the president, quote, exceeded scope of the authority from congress and they urged supreme court to block the ban but they don't always take orders from lower courts. melissa: that's true. some progress in our nation's capitol. new details when the senate might reveal its plan to repeal and replace obamacare. plus still all about the economy. what the mainstream media isn't telling but the president's plans to put americans back to work. next, dan henninger from "the wall street journal" will sound off. >> if we could have said that on november 8th, nobody would

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david: well despite the mainstream media downplaying the market boom and significant jobs bump under president trump he is very happy with the progress he has made since taking office. take a listen. >> we have done something that's very special and you see it in the economic numbers. almost $4 trillion in worth has been created in the stock markets. 700,000 jobs have been created in a very short period of time, since the election. 700,000 jobs. david: here is dan henninger, "wall street journal" deputy editorial page editor and x news contributor so does the president deserve bragging rights for this? >> he deserves bragging rights for the economy, but i'm afraid,

david, perhaps the only economic indicator out there anymore is donald trump's twitter account, which is to say, donald trump and his twitter account and his battle with the russia investigation, and mainstream media, what he calls fake news media, james comey, is just backing out everything else that is going on in washington right now. tomorrow we're going to have another day spent with attorney general jeff sessions. we had james comey last week. and i have to tell you, david, i'm beginning to think that mr. trump actually kind of enjoys the street fighting he is getting into with the mainstream media down there, he couldn't enjoy these sessions that take him away from doing what he wants to do with regard to congressional action on the economy? >> you know he, there is a kind of a paradox at work here. to the extent this stuff stays in the news it has direct downward effect about donald trump's approval rating. it is down to 36, 37%.

there is on verse relationship with the economy. it keeps going up as he described it. david: there are two economies. the market, no question the market is zooming upwards but the overall economic growth is not what it could be, certainly not up to the 3 to 4% level he wants. if he got the tax cuts and got health care reform would also include tax cuts we would see a economic boom we haven't seen since reagan, right? >> i would agree with that. you have to acknowledge the fact that the economy is strengthening. david: yes. >> basically what that is about the change between the obama presidency and this presidency, the trump government is not attacking the economy every day. david: exactly. >> right? david: not so much what they're doing is what they're not doing. >> what they're not doing. the economy has been living amidst a mosquito storm

distracted what the new energy regulation, new environment, new financial regulation. that is not happening. david: one final question, there was word out on friday, one thing mick mulvaney, the whole omb and whole economic team shoehorn tax cuts into the health care bill. look it, was the supreme court said the obamacare penalties amounted to a tax so therefore we can get tax cuts in there, in the health care bill, have you heard anything about this? >> i have heard whispers about that happening. essentially that would mean they would try to put through a corporate tax cut and perhaps do full expensing for invests and then, in other words, he reduce the taxes on capital, get the business side running, set aside the personal tax cuts maybe until next year. david: but also get health care bill in there at same time. would that, you only need 51 votes in the senate to do it. would mcconnell go along with that? >> i think he might. at this point the majority leader is trying to achieve some legislative victories.

he wants those 51 votes to put these things through because the republican party, if they will succeed in 2018 really needs to put some numbers on the board. i think he probably would be open to an idea like that. david: very personal. melissa and i just want a tax cut. right, melissa? melissa: totally sell issue. we're open about it. david: there are people out there the same. melissa: we're honest bit. you know where we stand with us. we want our tax cuts. >> no sources tell fox business that members of the senate health care working group may finish the draft of the health care bill tonight and present it as early as tomorrow. the white house has not yet returned our calls for comment on this news so stay tuned. david: let's hope they have tax cuts in there. how the president plans to limit the power of the consumer financial protection bureau but former presidential candidate ralph nader has concerns of his own about this his take next. melissa: plus shakespeare in the park in hot water. how their morbid portrayal of president trump is paid for in

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melissa: breaking news, treasury secretary steve mnuchin testifying before congress on

the budget just had this to say about the debt ceiling and funding the government. >> i urge congress to act on this as soon as possible and my preference as i have stated before everybody leaves for august. i am comfortable saying that we can fund the government through the beginning of september. melissa: there you go. david: meanwhile the white house cutting back on more regulations a report from the u.s. treasury department expected soon will reportedly recommend a restructuring of the consumer financial protection bureau and calls for the reassessment of a broad range of american banking rules. former presidential candidate and consumer advocate ralph nader joining us now. ralph, the consumer financial protects bureau, the trump administration say it's a rogue operation, accountable to know one. they can set their own salaries. it is a accountable somewhat to the federal reserve board but because that is supposed to be a private operation which of

course we know it is really not, that they really aren't accountable. what do you think about all this? >> it has been a real success story. it returned $13 billion stolen from financial consumers already. it is studious. it is right inside of the federal reserve and it has oversight by a committee heavily corporate. so you can't really call it a rogue operation if the -- david: well, there have been certain courts called it. the head of it is a guy named richard cordray. a recall -- former attorney general from somewhere in the midwest. he runs the operation by himself. sets his own fines for corporations. you don't have a particular soft spot for corporations, but this guy, certain fines have been recommended. he doubles or triples or increases by a factor of 10 some of these fines. that led a court to say the following about him. richard cordray enjoys more unilateral authority than any

other officer in any of the three branches of u.s. government other than the president. he also possesses enormous power over american business, american consumers and the overall u.s. economy. now our founding fathers thought that every institution in the u.s. government should be accountable. this court clearly thinks he's not. >> that is one court. he has been upheld in other courts. he is dealing with a corporate crime wave. law and order. the sheriff finally coming to down to deal with these reckless financial organizations like the wells fargo racket that you reported and other press reported. he is following up on a lot of what the mainstream business press, "wall street journal," "forbes," business week, have been reporting. this follows the crash in 2008. and now the trump administration wants to unchannel the big business rogues so they can recklessly use and speculate with or the people's money and

and start the whole ball rolling again. david: you're justifiably opposed to monopolies. i understand that, i get that in the private sector. >> yeah. david: aren't you also afraid of monopolies and abuse of authority in the public sector? sometimes you have these organizations that are not accountable -- he is not accountable to the u.s. congress at all. isn't there a danger of an operation like that working against the interests of the u.s. economy? >> yeah. if you had a wild person at the head of it, not -- david: but you're depending on one person. you're going against your own philosophical instincts. this is not a country about people running things, it's a country of laws and this guy can not set his own rules. >> no he can not set his rules. david: yes he can, that is what a judge said. >> he has to adhere to administrative procedure act. david: let me read further from that order, court order. mr. cordray can issue new rules,

determine how and when to enforce them, decide to whom they will be enforced and dictate what sanctions and penalties to impose. that doesn't sound very american, ralph? >> all authority given to him by congress, both republicans and democrats in congress created this law and order organization that to deal with wall street's crimes. remember, do we really want to go back to more reckless speculation, multitiered derivatives, fooling around with other people's money, conflicts of interest so that -- david: ralph do we really want to go back to organizations like fannie mae and freddie mac who are quasi-governmental, who are not called to account, and as a result waste billions of dollars of taxpayers money. >> that is another problem. david: it is very, it is related, is it not? >> the bigger problem which is the federal reserve which i think you will agree with me on. that is hardly accountable to the u.s. congress. david: there we agree. >> funded by the banks. david: ralph, we're going to

leave on a moment of agreement. good to see you, my friend. thank you very much for coming in. >> law and order for corporate crime. david: all right. law and order for the federal reserve. it is about time. thank you. melissa: boy, that was spirited. i love that. david: he is funny. melissa: upholding global order. what the mainstream media is getting totally wrong when it comes to the president's foreign policy. we are getting ambassador stuart holiday's take. that is coming up next.

melissa: the federal government wasting your taxpayer dollars on an obama administration program to encourage the use of electronic health records made nearly $730 million in incorrect payments. david: my goodness. melissa: incorrect payments. this is according to a new inspector general audit. the report revealing medicare over three-year period improperly paid health professionals who said they easterned bonus payments under

the practical. but as it turned out lacked required proof or criteria. they got paid anyway. david: imagine if we had complete socialized medicine. melissa: that would be great. wait a minute, no it wouldn't. david: today the mainstream media continues slamming the president. "the hill" newspaper writing quote, after a few months in office president trump already upended america's relationship with much of the world. here is now ambassador stuart holiday, former u.s. ambassador for special political affairs at the u.n. good to see you, ambassador. wasn't that long ago, just after that trip or during the trip when he went to saudi arabia and israel and europe, even a lot of people and his critic what is a great job he was doing, putting together arab coalition against iran. forcing europeans to focus on terrorism than old cold war policy. what happened in the meantime? >> first of all i think it was a

very good trip with the exception of the article v issue at the end at the nato meeting. what i think is happening the president is looking at these multilateral associations and alliances sort of like and a boardroom and he is activist investor and he is trying to go in effectively focus on two priorities. one countering islamic extremism, the second is bringing jobs back to the united states. he is looking all these relationships that are sacred, viewed as very much traditional frameworks, saying what have you done for me lately? what can we get out of this for the american people. david: frankly there is nothing wrong with that i think americans were cheering them on when he said you nato folks are not living up to your commitments in terms of paying your fair share for the military according to nato. he looked what was happening in the middle east, got together a firm coalition against iranian threat which of course the previous administration didn't do. even china, i mean he has been turning the screws on china to

the point where they have been intervening with north korea in a way they never did before. >> i think you see the world sort of adapting to his style and understanding he will be approaching this from a national interests standpoint. that said, i think he can discover that he doesn't need to be binary about these things. in fact praising saudi arabia for doing what it's doing and working with the other sunni countries against iran i think getting involved in the qatar and internal gulf dispute there, probably wasn't necessary but again he is looking at this as part of his effort to you know, fight funding for any terrorist group. david: the other thing he has done, kind of hard to put a price on this, he drew the line in the sand with regard to what happened in syria and chemical weapons. when they went over that line with the help of the russians, he intervened and had the tomahawk missile attack. now the world knows we will follow through on our threats. that is important.

>> very important. the world rather have somebody they may not agree with all the time whether this style or substance but they want predictability. they want to understand what the president stands for. david: right. >> i think this pattern of him doing what he says he will do carry forward and be well-regarded. david: no matter what the media says. ambassador holiday, thank you very much. appreciate it. melissa. melissa: mock assassination in the park showcasing violence against the president of the united states. this time free speech is coming with a price. ♪ dearthere's no other way to say this. it's over. i've found a permanent escape from monotony. together, we are perfectly balanced. our senses awake. our hearts racing as one. i know this is sudden, but they say...if you love something

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the park after portraying a mock assassination of president trump during rendition of julius sees juror. here is noelle nikpour, gop fund-raiser. you're a fund-raiser. they decided to do this. they're big corporate backers, delta, bank of america pulling out. what do you think? >> well i think two sides. i'm on two sides of the aisle which is pretty good. i have been involved with the national committee for the performing arts of the kennedy center for many, many years and i am a major fan of the performing arts, i think performing arts should provoke thought, should make you think about things, make you feel something emotional but not be offensive. i really think, that they knew they took it a step too far. the portrayal was offensive and i applaud a corporation for having the guts to not, only say that they are not going to fund this performance, but, on the

flip side, what they did do, which was so good, they said we want to keep supporting shakespeare in the park, not just this performance which clearly says, they feel like it crossed the line which it did. that part i like. i think that was -- melissa: everybody is talking about art, impression, i think like everything else is motivated by money. they're supported in part at least by the national endowment for the arts. that is something president trump over and over again taken a shot at, he would like to do a way with, wants to stop funding them. it is not even about art and expression and all that. they're just mad their money is being taken away. >> melissa, that is a great point and could be kind of a pass sieve aggressive way they felt like that would be out there. maybe this wasn't focused on if it wasn't right on the cusp of the kathy griffin horrible thing that happened with the beheading, and it was so nasty.

here, they should probably have taken a cue for that, that maybe this is not in the best taste. but you know, you're right on that, it could have been a little passive, aggressive way to get at him. melissa: a lot of things in art, people think is in bad taste this, is over the line. this is indecember, all subjective, whatever. shakespeare in the park is this big public central thing here in new york, people don't live here don't know about, it is funded by some big things and taxpayer dollars. if you're going to be that avant-garde, you're prepared to offend people, you will not get money from all these different places. so you are a starving artist. maybe that is the phrase came from. noelle thank you. >> good point. melissa: there you go. thank you. what do you think? david: i have been going for 30 years. melissa: one of those things. david: this is one i'm not going to go to. first, of all, look at the dress, you can tell the thing is set up like this, it is not

going, when al pacino played in the merchant of venice in costume, the way it was meant to be by shakespeare, so much more meaningful, if they wanted to make a political point, keeping it in the old style. let people's minds go the way shakespeare wanted their minds. he wasn't writing for just his time but the whole time. melissa: i think people are with them. national endowment of the arts. david: national endowment of the arts. melissa: there you go. always about money. david: amidst of all the political theater, amazing gesture by former president jimmy carter had entire plane of passengers putting politics aside. [vo] when it comes to investing, looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that often reveals a better path forward. us to become one of the largest

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>> what a pleasure, thank you. >> thank you, sir. >> passengers on a delta flight, getting a surprise of lifetime.

david: jimmy carter, walking down the aisle, refusing to take his seat until he shook every single passenger's hand, wow. >> that is amazing. david: think what you want, a decent guy. melissa: absolutely, here is "risk & reward." >> president, battling back, using his first full cabinet meeting to show he is trying to get things done. pushing back on the idea that the russia probe in the dc swamp is stopping his agenda. daughter ivanka is joining in with labor and treasury secretaries to get the economy moving again. but media is still focused on russia. now this news, senate democrats demand, get a new public hearing for attorney general jeff session. jeff sessions has requested his testimony to senate