45 used to be what they called support. now it's resistance. that us down. that is the only reason exxonmobil and chevron have not joined the party. nevertheless looking huge gains across the board. huge gains in your 401(k). neil cavuto, i'm handing you a record, can you hold on to it? neil: unlikely. unlikely. i will do my best, my friend. as you said the dow in and out of all-time high after four-week winning streak. s&p doing much the same. all eyes on amazon after the news it is scooping up whole foods. in fact whole foods is higher than the price at which amazon agreed to buy it. which is fueling talk, other bidders come in and jeff bezos will up that bid. maybe a traditional retailer comes in, walmart, who knows. this might not be over. amazon which hit a all-time high about 20 minutes ago, now in and out of that, now around $994 a share. we're also waiting to hear, growing talk that there is great concern within the republican

ranks about whether republicans can get their act together to get that tax cut done before the year is out. let alone we have what, seven or eight legislative days left before the july 4th he recess. they're out the entire month of august. tomorrow is where speaker ryan is supposed to outline where they all stand. he is talking about getting import tax, border adjustment tax what they like to call it. he and only couple republican leaders are only ones interest in it. president trump does not like the idea and a lot of conservatives in house and senate are not keen on the idea. he keeps to pushing it. that will generate additional revenue and pay for other tax cuts they're still talking about. anything can and usually will happen. that is scheduled for tomorrow. today it is back and forth as to whether this ever comes to pass at all. at least this year. charlie gasparino, former

bush 43 spokesperson, mercedes schlapp and dineen borelli. do you get a sense this whole tax cut thing scrapple wring? i say that based on than the way republicans are positioning it -- crumbling? we have idea on border tax that not everyone agrees on. how far they should go to make it a big tax cut or one that's paid for. they haven't ironed out those, i'm not saying there are not significant details but big details they have not ironed out? >> you're right. there are too many idealogical ideas within the republican party. you have mike lees on this end. susan collins on other end of the spectrum. charles: susan collins says pay for tax cuts. mike lee -- >> cuts. that is what i meant by that excuse me. when you look at that they're not jelling, they're not coming together to even hash things out. paul ryan, for example, he is

hard, pushing hard for this border tax. republicans don't like it. the trump administration doesn't like it. steven mnuchin even said ia dead issue. neil: why does ryan keep pushing it. >> he keeps thinking he is head of budget committee. neil: he is speaker of the house! >> i talk to big investors they say there is not going to be a tax cut this year. neil: not at all? >> we can get into why. a few stocks are powering including amazon and talk about buying mergers and upping that bid which is net positive. when i talk to people on the hill, staffers for republicans they don't think it is going to happen either. why doesn't anybody think it is going to happen? you can blame ryan all you want i know i will get a lot of nasty tweets but too bad. this is president trump's problem. he has almost no stroke out there. he is not leading.

he is not going to paul ryan and various constituencies trying to cobble something together. what he is obsessed about now is "crooked hillary" and robert mueller and everything but this legislative agenda. neil: you think that is distracting him? white house is not a fan of the border tax. mnuchin said that. do you think that is, is this ryan's spiting that or what? >> listen, if you have a president that leads and commands respect, ryan gets in line. here is one thing we should talk about. how did reagan actually get his tax cuts through? how did he do that? how did he cajole, how did he work, not distracted by other stuff? obviously this russian thing, reagan didn't have to worry about the russian thing. the press, you could make the case that the media is much more viciously against this president who most mainstream media don't believe he won the election, doesn't deserve it, i get that there was overriding agenda

reagan pushed through. there was opposition said he was a kook. this president is not leading. >> i might have to push back on this. neil: go ahead, mercedes. >> i'm one living this, navigating deadly waters of the swamp, what you're seeing here, between secretary mnuchin, very much in contact with the leaders in congress and pushing through a tax reform. that president trump -- neil: the question, mercedes, why keep pushing, that is the house leadership? this notion of an import tax. they made it clear they don't like it? >> you're right. let me tell you something, president trump in this sense needs to make sure the boarded a justment tax is not in there. can not allow for rerun of ryan killing obamacare part one. neil: this press conference you're planning tomorrow, don't do it? >> i think they're going to keep having these negotiations. i think you're going to see the border adjustment tax being taken out of there.

so i think this is too soon that the president is not leading on this this is process. >> he is tweeting, mercedes he is tweeting about stupid stuff. >> of course. there is certain tweets he, let me tell you, being in the white house where there has been an investigation, it does overshadow a lot of the work that you're trying to do. >> right. >> but with that being said there are the priorities in line which is right now, senate majority mitch mcconnell is trying to see if they can push together the vote before july 4th recess on obamacare. you all know obama care, needs to repeal or replace obamacare needs to pass for better baseline for tax reform. >> think about what you're saying, mercedes. >> going through comprehensive tax reform or piecemeal it out? that's what we need to -- >> if you have a president, that basically sits there and, basically gets the house to agree to a health care reform bill, calls in the senate

leadership which we were first to report, my producer brian schwartz, first to do it, you know that bill we got passed through the house i approved, i said i loved it is brutal. what did he call it? mean. neil: mean. >> how is that leading. >> that is dead honesty. >> that is not leading. neil: go ahead, dineen. >> the president has a great opportunity today. he is meeting with leaders of silicon valley. he needs to lobby them to push on their representatives, to push on congress for tax cuts. i mean look at apple -- neil: they won't do anything for him. they don't do anything for him. they don't even believe in tax cuts. >> tim cook, i was reading they will not bring back their money from overseas, which is $250 billion over that amount because of being hammered with taxes. this is promise made not too long ago. >> this part, they hate trump. this is the most liberal group of corporate executives. i thought wall street guys were bad, these guys are off the charts left.

but they all agree, they're selfish greedy, sobs, they all agree on lower corporate taxes f trump were smart he would focus on the corporate tax cut. that is pushing the markets. you can get some of those guys -- neil: someone like elon musk who is not there, it hurts him, right? >> yeah. tim cook is for a low corporate tax. he would repatriate. i think -- neil: repatriation issue would be dramatically, tax holiday. >> bringing it down to 15% is pretty big. neil: mercedes, one thing comes up in this discussion back and forth whether the administration has time to do all that it wants to do, let alone what speaker ryan will outline tomorrow. they have seven or eight legislative days before the july 4th he recess. they're off all of august. say these thing don't happen this year.

give benefit of the doubt they happen next year. that is problematic with a midterm election. i think it is looking dicier. the market gains notwithstanding what do you think? >> i agree. look it is a ambitious legislative agenda. there is a sense, why you have some of these senators saying maybe we should extend the august recess. leadership is taking a -- neil: that will never happen. never happen. never happen. >> you might see one extra week. neil: they would sooner lose their job than work during that are job. >> the month of august when they're fund-raising. there is a, goes back to dineen's point about the factions, where there needs to come to this compromise. i do think that their political time is so limited, and so -- neil: mercedes i go back to ronald reagan, that charles raised here, the notion ronald reagan made it very, very clear because republicans getting antsy because of editorial attacks in papers like "wall street journal" saying

that tax cuts were too big, he gathered republicans i want these. they will not deduct for upper income. everyone get as tax cut. it will be substantial, you are with me or against me. it was very clear moment where everyone knew what the gipper wanted and he was emboldened oddly enough after the assassination attempt. he rode that for all its worth and got his way and that is something we need to see from the president of the united states. >> i think that is something we need to see from the president of the united states. i do think, you have to remember, took reagan over a year to get that passed. neil: you're absolutely right. you're absolutely right. >> when you're dealing with personalities of congress, individual senators -- neil: mercedes they have the run of the table. >> they do. neil: dineen, with the house, senate, white house, they don't get it, there might be very good byzantine explanations why they can't deliver this yet, but if they don't, they're finished. it is done. >> it is bad.

a lot of politicians are only concerned about getting elected. in some cases they're not doing what their constituents put them in office so there is problem. neil: why are we up by the way? >> a few stocks are powering this market. we're talking about a apple and amazon is beg reason. net-net, investors will tell you -- neil: they think it will happen. >> they think what we have now is better than alternative which is socialism under hillary clinton. that said,. neil: that's true. >> if we don't get the legislative agenda pushed through, there will be a pullback. i will say one thing, mercedes talked about the personalities of congress. how about the personality of the president. >> you have had it out for the president for a long time. neil: you're a hater. >> i'm a it hear. why isn't he using, by the way, had it out, that is something like you hear from a troll on twitter. >> are you calling me a troll? >> that is what trolls say. >> come on, seriously. >> trolls on twitter say i have it out for the president.

>> be real clear here. he has bully pulpit. neil: you hate him. >> i love him. neil: we'll see what happens there, we want to keep you up-to-date on another terror incident in london, the fourth in less than three months. but it is how the prime minister's responding that is not exactly inspiring confidence. he'll explain. i will replay her words. this is kind of stuff you probably don't want to heart if you want reassures from the top, after this.

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neil: all right. edthis could have been awful. driver slams into a police car, that 31-year-old driver is dead. fox confirmed there was a gas tank in that car. so obviously his intentions were to do something pretty catastrophic.

this of course, a van separately plowed into pedestrians outside after mosque in london yesterday. one dead. 10 injured. one suspect charged with terror attack. fourth in britain since march. former green beret, ben collins, constant repetition of these attacks, that they go on pretty much without abandon. what do you make of all of this? >> well, neil, certainly i think it is the first thing i would say, the most important thing, this attack against muslims coming out of a mosque is a absolute victory for isis, i say that, isis put forward a strategy, in fact, it was zarqawi back in 2004 that sent bin laden a note he saying strategy for him was to target specifically shia muslims and to engage them and kill them and kick off of a backlash against the sunni population. so what isis has been trying to

do is to create a backlash against the sunni societies within the western societies, for them to look at this, only one of two choices. either join isis or be defeated and, hostility and persecuted by the government. so this individual by attacking these muslims coming out of a mosque has done exactly what isis has been trying to accomplish for years. neil: in this case garner sympathy, right, in the process? >> correct. the sad irony he used an isis, you know, an isis technique in terms of using vehicles to kill people. so, you know, my concern here is that, by, you know, that hostility that is going to be engaged, obviously the media, through the media, through these attacks, there is so much anger. here is an individual that acted on it. it is playing right into isis' hands, and everybody needs to take a breath, and come up with

serious, feasible security measures that can be put in place to try to avoid these situations. neil: ben, this maybe goes slightly outside of your purview, i was reading something in travel section of the newspaper, might have been "the new york times," i don't recall, they say number of bookings to europe on part of americans have gone down dramatically so, where people seem to think that it is open season on citizens. that might be a stretch, but whether it is london, whether it is paris, whether it is brussels, this feeling that europe is particularly vulnerable and primed as soft targets that have become, well increasingly commonplace. what do you tell folks in this country if they're entertaining a trip abroad or particularly to europe where a lot of this stuff has been going down and they're nervous? >> well, neil, look, i think if you, certainly i tell, even within my own company, individuals that are going over to europe that they have to constantly be aware.

so, you know, number one, they should always have a contact information of either an embassy or consulate. they should do their homework and read up around the location, but really comes down whether it is europe or it is here, people need to be aware. they need to pull themselves out of their phone. you go on to the new york subway or walking down the streets, people are completely engrossed in their phones. they're tuning out the rest of the world, and that's dangerous. people need to say as we do in the military, keep their head on a swivel. your gut tells you see something looks out of place, doesn't look right, to be afraid to say something to the nearest law authority. people evaluating whether or not to go over to europe, i think there is some just concern over some of those areas. certainly if you look at the last one thatcured in london, it was very high, two very large tourist centers.

certainly the the westminster bridge and the park. if it's a choice where can i go on vacation, people may look to where there is not been any tourist attack. we continue to send individuals from my company over to europe, specifically london. people need to start paying attention i think a lot more than they have. neil: your most practical bit of advice, you always have a lot of it, is the headphones and music getting so distracted you're not aware of what is going on right around you. ben collins, good seeing you again. >> thanks, neil, you too. neil: wasn't that long the british prime minister was talking about britains saying enough is enough. unfortunately with her constant responses to that degree including this latest one, she did not exactly encourage much confidence. this is what i mean of the take a look. >> this morning our country was news of another terrorist attack

on the streets of our capital city. the second this month and every bit as sickeng as those which have come befor neil: all right. so former uk parliament member john brown, and john, that is the kind of thing that does little to inspire confidence or set fragile nerves at ease. maybe this just isn't her strength but when she keeps coming before the british people to calm then down and show how vigilant she will be an enough is enough, it keeps happening, she is not making her case, is she? >> well, not really i suppose because maybe a lot of that is secret. if anyone knew the answer to terrorism and how to expose it from the camouflage of working within the population they would be a legend throughout the western world. so it is a very difficult problem, particularly now that explosives and vehicles have become so easy to rent and get ahole of and to deploy.

but as your last speaker ben, said, the real accent should be on people being much more aware. they have got to contribute as well as the government has. the response in london and in other things in paris and britain have been pretty good by the forces of law and order. but it is a very difficult problem. neil: you know what i think -- we haven't had a chance to talk about recent british elections and how terror might have factored in there, that there is rally around the flag and around the leader, it did not happen, maybe going to the fact in her prior role handling security for you know, british people she was deemed to let a lot of things slip through the cracks and rallying around the leader didn't materialize? what is going on here? this would be the first time such a thing has happened? >> well, i think you're absolutely right. she was deemed to be part of a government under cameron that

had allowed borders to be wide open. had actually almost cut some of the resources for law and order, and therefore she was associated with that government and i think you're right, she did suffer because of that. this is seen as a politicians problem. the weak need left-wing politicians left this problem and called for citizens to not have any weapons to defend themselves. it is an amazing conundrum. there is in united states congress, congressman allowed to happen in america, want to be allowed to to carry guns where they're trying to stop people carrying guns in certain states. neil: the president seizing on some of these developments and what unites europe in the battle against terror, to remind brits they can still stay in the european union. it is still possible and not too late for them to rethink this. what did you think of that? >> well it looked to me be a

bluff, which is always bad going into negotiation. i think underneath it, what they're trying to do is encourage the anti-"brexit" forces within the united kingdom and give them hope that they will be able to sabotage "brexit." meanwhile prime minister may has shown real determination by extending the parliament to two years, her determination to deliver the "brexit" that the free british people voted for, and if possible, a clean break and one with a smooth trantion i think that is what she is aiming at. first of all, of course they have to establish the process by which this negotiation must happen. to get out of single market, out from under the european court of justice and to achieve the return of our sovereignty, our laws, and our borders. neil: real quickly, if the vote were to happen all over again, do you think it would go the same way? on "brexit"? >> like asking me, that is like asking me who would win the

kentucky derby if they ran the race again. i don't know. neil: i don't know either. i would check with you. john brown, thank you very, very much. >> thank you. neil: big tech ceos are headed to the white house right now and it is a who's who list that includes the head of amazon and apple and microsoft and ibm, alphabet and parent of google and all want a seat at the table. one person not there elon musk. what risk he risk not being there? he took opt out of the global climate deal in paris, around couldn't take that and wanted to leave this executive group but did he hurt himself so doing. these executives agree but they figure better to be part of policy than not being there and being served, for lunch.

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♪ neil: you think about it, all this started with netflix, "house of cards," content on these various ancillary services suddenly became the rage. now snapchat getting into the act, getting a big commitment on part of time warner to sign a 100 million-dollar deal with snap on advertising, offering original programing for snap that will include the likes of ellen degeneres, samantha b, even wonder woman could play a part. i don't know about the actual wonder woman. shows unique and on snap only. this is not the first time we've seen others move beyond this. apple has been expanding its own commitment to original apple-only programing this is e firstime we've seen snap at such a lae-scale do the same here. better than 100 million-dollar commitment on the part of time warner that will include hbo developing shows for this app that would only be for snap. so we'll keep you posted on further developments but this is

an on going trend in the entertainment world where content, especially new and specific content for a specific provider is king. world's most prominent tech ceos are meeting with president. united states and they are a who's who of some notables, including those, not necessarily been on the same page as this president. adam shapiro at the white house with more. hey, adam. reporter: this is part of president's plan to streamline the operations of the u.s. government but to modernize the government back when he signed the executive order, creating the american technology council. it has been determined that the u.s. government spends greater than eight at this billion dollars every year on i.t. technology services. $80 billion. they want to make sure the civiles are up-to-date. this is what kellyanne conway said this morn about big tech ceos coming to the white house today. >> we need a government agency to talk to each other, make it

seamless and modernize it. that is why the tech ceos are coming in to do that. they have been incredibly successful and that they're coming in to share best practices with the president. reporter: give you idea some of the names here, jeff bezos from amazon, tim cook obviously apple satya nadella from microsoft. eric schmidt already arrived, executive chairman of alphabet, the company we used to call google, the parent company. they will talk about different issues about technology and improving again systems in the u.s. government which are 10 to 20 years behind. among the topics, are electronic medical records t takes up for the sick months for the va to get medical records for someone coming into the system. h1b visa program, they want to remove fraud and streamline it. artificial intelligence, this is about machines learning how to do function as will as big data. neil, this is about the government having the secure ability to go into the cloud.

one final thing. senior administration official tells fox business that quote, these are things that are going to require years to really make significant progress on. our systems in some cases are 10 to 20 years out of date. so we're not going to fix that in one day but we have to start now. now is around 1:00 p.m. when the tech ceos will meet for four hours. they will meet with the president later this afternoon. they have an executive dinner with the president. this would be the beginning of what could be a revolutionary change for the way the u.s. government operates. could save up to a trillion dollars over 10 years if they get this right. neil: thank you very, very much, adam shapiro. glen hall, u.s. editor of "the wall street journal" joins us now. glen, part of this idea the way government benefits and like are handed out if we had them done with the ease you could order something off of amazon yo would be off to the races saving a lot more money, efficiency, people would not hate government i understand all that, is that doable?

this is not the first president to make government more efficient to waste less money, what do you think? >> it's a huge, huge challenge. the government report you were talking about showing 80 billion budgeted for i.t. each year, 3/4 goes on just maintaining so of these systems 10 to 20 years. some systems are old as 50 years. running software outdated and no longer used by anyone else. neil: glen, the i don't understand not being benefit at this table. elon musk, tesla fame, once the president opted out of the climb at accord i don't want want to t of this. some don't like the travel ban but figure better a seat at the table than no seat at all. that is the thinking of most of them, mr. musk notwithstanding but what do you make of this? >> generally speaking we see corporate chieftans try to avoid

etaging unwith side or another on the political debate. that alienates one side of the country. you don't off the see this kind of position-taking. at a very practical level, there is regulatory influence you should have if you're a participant you won't have if you're not a participant. elon musk, looking for alternative energy, battery power, solar power, which regulation does the industry go, which industries favor, having a seat at the table matters as well. lastly for some chieftans there is a potentially big government dollar contracts to upgrade the systems. neil: do you get a sense they are united on more things than they are divided for example they want to see the big tax cuts and like. they want regulations eased up but maybe not as aggressively as ceo counterparts in other industry but they want to see this come to pass especially apple that hold money abroad. >> this is one of the more ceo friendly administrations we've seen. by our calculations more than 300 executives passed through the white house to meet with the

president. he is listening, looking for their advice. so that is a huge opportunity for all of them, and i think that is why you see some of them participating and so few who are standing down. neil: real quickly on, i understand going into this meeting the president met with 350 ceos. some might be redundancies or others returning but we've seen never anything like this under democratic or republican predecessors. what is the president getting in return for that? >> well, hopefully he is getting good ideas he can execute and he is can get better relationships going. you know part of what we're hearing out of this white house is that there is an effort to create a more entrepreneurial spirit within government, to run government like a business. so you're seeing some of that. and there is real opportunity for these executives to shape how this white house goes and how the culture may change in the long term. neil: thank you, glenn. glenn hall, "wall street journal" editor, very big cheese there.

we'll have it on 4:00 p.m. on "your world," what implications are for those don't show up and those that might fall in the president's bad graces. inhe past that sometimes doesn't work out well for those ceos who do or don't. meanwhile is amazon, especially the whole foods acquisitions branching out a little too far and is it going to have to cough up a little bit more? don't look now, but whole foods price is above amazon's price to purchase it. that means someone else is expected to bid or jeff bezos is going to have to cough up dough. the whole story after this. ♪

♪ neil: all right. for a while amazon was at an all-time high. it is still up there, just shy of a thousand bucks a share after that $13.7 billion bid for

whole foods. whole foods is trading north of the bid that amazon has on the table so what are to glean from that? is another bidder coming to the table? will it force jeff bezos to pony up more? "popular science"'s robert berger and market watcher. is this the start after bidding war, what do you think? >> it could be. if you're fighting bezos with all his money, good luck. i don't see where that happens if anyone could outbid him if they try. neil: what about you walmart? that name came up a lot? >> walmart. but they already have their own grocer to some extent. if amazon is trying to diverse out of businesses sufficient as newspapers or space travel, then this is one way to further diversify. neil: he could use the newspaper to wrap the fish at whole foods. robert, i'm looking at it, wondering what will i see out of this? there is whole foods not far from where i live?

what will change if this goes through? >> i think it's a very exciting deal for consumers like you and me who may not want to voice the local whole foods or maybe whole foods did far away. you want to get avocados and eggs delivered fresh and from to your door. neil: it has to be day of to get it sent to you? >> day of or order at lunch, get that night. or order at lunch get it next morning. opens up a lot of options. neil: would you pay for more as a result? in other words, eggs or fish, cost more? whole foods is pricey to begin with, right? >> it is. i think people love convenience. if you can get something that is convenient and at the same price a little bit more, delivered to your door, that is a real win for people. neil: that is what they're all about, right? >> but they would have to increase their price. that goss against everything they stand for being a low-cost competitor. that is their competitive advantage. neil: amazon? >> yes, amazon alternative. that is the not the case with whole foods, to increase the

price -- neil: they could buy any grocery store chain around. they chose whole foods, why? >> perhaps because they're looking, completely different from the current culture. so there could be a culture clash as a result of that. but if you're looking to diversify yourself, some would say whole foods may be one of the best with organic food election in all of the markets f they're trying to push people out of business, kick butts of competitors that is how you do it. neil: they're still tanking today on that notion all of sudden way we buy food is going to change, is it? >> competition is important. hopefully the other brand took the hit, that will be a kick in the pants to up their game. neil: to be fair to them, same rap that the mom-and-pop stores had with walmart getting bigger and bigger. how do you compete? >> grocery store system is same for decades.

we go to the store, put them in a cart, put it in a car. if we could do it online that would be awesome. neil: all food would be shipped home. >> no. i like to feel the oranges or apples, i want to make sure they're fresh. you would be trusting with some sort of guarranty. neil: there are delivery service and efficient delivery service. if they're getting into brick-and-mortar business i know what you're saying could they leverage those stores to sell other things or what? >> they would use them as distribution centers to sell other things. could use them as return centers like amazon lockers, people return items they bought they no longer want. makes sense they use these to sell fresh produce. they could distribute other things as well. >> if they're operating as individual independent entity, in order to merge into selling different items within the grocery store, they're going to have to really have management oversee whole foods as well to merge some of the synergies they have or it will not work operating independently --

neil: are there regulatory issues? it could face hurdles. it looks like amazon taking over the world. >> i wouldn't be surprised. neil: what do you think? >> i would think -- neil: you're interested in getting avocados. you're lazy. >> i don't want to go to whole foods to shovel bows with other people. i want it to come to my door. neil: these people have chemicals in their food they don't really mind. they will be patient. guys, thank you very, very much. meantime is donald trump under investigation or what? there is a great deal of confusion because he seemed to say that he is. and, his lawyers say not. has anyone run this by the boss or the boss by them? i'm confused. i'm no lawyer but i will play one in the next segment. ♪ and at $4.95, you can trade with a clear advantage. fidelity, where smarter investors will always be.

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comey had told him three times that he wasn't under investigation. they have not been notified otherwise. his personal lawyer would know this. neil: then why did the president tweet that he was? all right. i'm no lawyer. so i'm confused. but i will leave it at that. so whether the president is or isn't under investigation, related to you and your money because this would be a mighty distraction if he is. he just added john dowd to legal team. is that legal team on the same page as the boss? "daily mail".com correspondent, what that could mean for the president's agenda. obviously most who want to see that agenda pushed through, francesca, hope that is not the case, that the president is not under investigation here, but what are you hearing? >> this is obviously a clear distraction for this administration, neil. this weekend we saw the president's lawyer, jay sekulow, appeared across networks to

respond to the tweet that the president said about the "washington post" report. what you didn't see administration officials on television pushing the president's agenda and talking about taxes, infrastructure, cuba policy announcement on friday. instead you saw marco rubio on television talking about that. white house press brief something off-camara. another opportunity they might have had to potentially talk about his agenda. that would be north opportunity for us to ask them repeatedly about this russia investigation. neil: so, let me ask you this. the president says, or now it is being explained after the fact that he was only following up on stories that had this investigation issue out there. but that he was never saying that he himself was under investigation. you're far smarter at this stuff than i am but i am confused. are you? >> right. well, the president's lawyers saying that he is not under investigation. unclear why the president would have tweeted that. he said he was responding to "the washington post" report.

as you're noting here it is not clear why the president wouldn't have talked to his lawyer about that report to find out if he wasn't under investigation before he sent that tweet out, neil. neil: right, right. what i'm wondering, let's assume the lawyers are right and he got it wrong, it does get back to the issue of whether tweeting is in his best interest unless he is sticking to subjects might be working for him, like the economy, tax cuts, health care thing, the stuff he inkse has a chance of constructively changing the debate. i always find that, while i'm perfectly find with him tweeting, when he goes off the reservation or in neither areas that he opens this up to be a bigger saga than it already is. >> the white house consistently said they think the president is the best messenger for his agenda. that is something that we heard jay sekulow say himself. neil: when it is his agenda. this is off agenda, this is off topic. >> this morning jay sekulow addressed that, he also addressed it this morning look, lawyers said they didn't really

have a problem with him tweeting it. of course brian kilmeade jumped in said shouldn't you direct him not to tweet about the investigation, giving advice what he should and should not say after trump's lawyer said that he wasn't telling him those things. was not telling him what not to say on twitter. just shocking to him but a lot of people who may have thought his legal team would tell him not to get involved in this investigation at this point. neil: they're afraid of him. they're afraid to take him on or whatever. maybe. but, jessica, one thing i'm curious about, let's say he were under investigation. that were preliminary move, anyone would make looking into this, so if mueller is curious about trying to find out things, he wants to isolate or remove that sort of thing, that you know, the president might have obstructed justice or investigation for doing so, then to move on. when does it become a big deal when we have more proof he is aggressively pursuing that? >> i think it's already a big

deal, neil, that we're having this conversation where the president has said he is under investigation. he has his legal team saying no, he is not under investigation. i think that already shows you where we're at and what a big deal it is but i think we'll have to see some more proof that he is under investigation and to speak to the point whether he is or is not under investigation, one of the lawyers responses to that is the reason they think he is not because james comey said that he wasn't when he testified. well james comey was fired on may 9th. that was more than a month ago. neil: right. things have changed, right. >> so a lot of things have changed. the reason the president would be under investigation for firing james comey and potential obstruction of justice. that is is something that james comey could not possibly know. neil: i think i'm more confused but closer to unrstanding this. ter this.

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neil: all right. stocks still at all-time highs for the dow can and the s&p, the nasdaq, not so much. amazon, for example, was at a record before giving back ground on this whole foods purchase but still doing o.k.. obviously, they're anticipating a bit of a bidding war. and, separately, we have reports republicans are considering canceling the august recess. that i find hard to believe, because they cling to that recess, even if it means losing their jobs. but that could be me. fox business' gerri willis on that, editor-in-chief of the

hill, bob cusack. on the health care thing and what they're willing to risk, including august recess, to make sure they get progress here. >> here's what i'm hearing from my sources on capitol hill, that, in fact, they'll have a bill next week. and you can expect in that bill they're going to be careful to make sure they save money. why? because they want to bring it under reconciliation. so to do that, they're going to keep a lot of those taxes, 31 taxes that obamacare -- 21 taxes that obamacare put in place, to make sure they can pay for it. including among those, the medicare surtax on investment income, the payroll tax. and this'll affect higher income, many of your viewers, neil, higher income focus out there who make a lot of money and pay a lot of taxes already. also you can be sure that medicaid expansion that the democrats put in place, that will go away less quickly under the senate bill. so all of this is a way of saying we're going to make sure

we can bring it under reconciliation. you should note though they are already working with cbo to. big questions about when they would get it to cbo to, would this be a next step. no, they're working hand in hand right now to make sure they can get something out that they like. those democrats, neil, already shooting at it. they say, hey, we're going to get on the floor, make long speeches, try to interrupt the progress of not just the bill, but of all the senate work to make sure this doesn't happen x. before you let me go here, i just want to say the chuck schumer letter where he invited himself to speak with republican leaders? at the end of it, he says that he wants to improve the affordability and accessibility of health care in this country. some republicans seeing that, hey, as maybe an opening for republicans here to craft some kind of new legislation. neil? neil: all right. stay there, gerri. obviously, bob cusack, that would seem to hint of a

bipartisan type of a deal to save health care. >> yeah. neil: where both parties benefit. now, of course, what's been, you know, very crucial in those talks in the past is democrats' refusal to let republicans torpedo the health care act, but just fix it. where do we stand on this? >> well, i think the onus is now on senate republicans to move a partisan bill, because no democrat's going to vote for this round. and i do think there's a lot of pressure to pass it before the august recess starts. there are indications that there's going to be a vote on this one way or the other, so mitch mcconnell has got to get all his guys -- he can afford two defections. it's going to be very difficult. as far as the august recess, you're right, neil, they like their august recess. they have fundraisers, vacations. i could see part of it being rescinded and they stay here a little bit longer, but it depends on if they can get health care done. if they can get health care done before the august recess, then they'll claim victory and go home. neil: republicans in the house, particularly conservatives, are

concerned about. the republican study committee is apparently telling mitch mcconnell what he's concocting could jeopardize final passage in the house. so, bob, how big a adopt is this? -- development is this? the overtures you make to n over democrats to talk to republicans is ultimately undone by conservatives in the house who are saying what the heck is going on here? >> yeah. the hardest part of all this is not the house passing it, it's not the senate passing it, because i can see republicans saying let's get it into conference. the hardest part is reconciling the house-passed bill and the senate-passed bill, if they're able to pass one. that is going to be so, so difficult, and i think the chances of that are definitely less than 50%. but i do think they can get a bill through the senate with the mentality that's -- come on, it's us against them. just, just vote to get to the next step. neil: you know, gerri, did the president complicate matters by saying that the house measure was, quote-unquote, mean?

maybe he was just trying to say that, you know, there's a better way of going forward here, but many in the house feel that he abandoned them. >> well, this happens over and over and over again, it seems to me. the president often getting in his own way of getting something he really, really wants. he really wants to change obamacare, to get rid of obamacare, and his last best hope right now, the senate coming up with some kind of bill. but making the republicans in the house mad? not a good solution. i mean, i have to say it, i didn't really understand why he came out and tweeted that. out told me that -- it told me that possibly republicans in the senate were getting closer and he was hearing about it, and he was convinced. neil: yeah. you never know. but, obviously, the markets feel confident that something will get done, so we'll see. guys, i want to thank you both very, very much. the dow at 21,509. meanwhile, georgia has a special election, and it's already the most expensive in the nation ever in this nation.

money doesn't always translate to a win. if that were the case, of course, then the democrat who appeared out of nowhere, this 30-year-old john osoff, would be well on his way. no candidate ever has been able to garner close to $25 million from outside the state of georgia, to say nothing outside his district. the daily caller editor katie rates on if money is going to spell this election result, because if that were the case, katie, then he is well on his way. >> right. but so they're going to say, i mean, if we had someone like hillary clinton, of course, and we put millions and millions and millions and millions of dollars into something and you have a hollow shell of a candidate, as you say, who doesn't even live in the sixth congressional district of georgia, it's probably not going to work out. money can't substitute for a candidate that people don't like and don't believe -- neil: but he's polling pretty well. now, these polls are all over the map, i grant you. >> right. neil: the fact that it's competitive as it is and this

republican safe haven, it's been that a way since 1979, i guess when newt gingrich came to power, what would that mean? democrats would seize on that as sort of a tantalizing opening act to next year and taking the house, right? >> right. democrats are going to say this is a win-win for them no matter what. if he does defeat karen handle in the election -- handel in the election, they're going to say it's the coming tide for democrats. if he loses, then they're going to say they scared the pants off of republicans in a traditionally red district x that's why all those tens of millions of dollars were worth it. but they're going to have to decide if that money is worth it because who really knows if $25 million is worth the sixth congressional district. neil: very good point. i don't know what you glean into this, 140,000, 50,000 of the majority voted including 36,000 who didn't vote in the april primary. is in any way to glean who those voters are, or is it simply too soon to tell?

>> i think it may be too soon to tell. of course, we have to see what the turnout's going to be. i'm very interested to see how all of this outside money is going to actually affect the voters that turn out for this race. but we'll see how energized the sixth district democrats really are, and right now i don't think we can tell. same with the republicans. neil: karen handel herself, if she can as the republican candidate pull this out, you know, if you think about it, republicans have been managing even in this pricey race to keep their head above water and win the races they had to win. even if they lose this one, is there a sense -- and i know how the media will play it, but is there a sense they've come up aces all the time? because this would be the first time they have. >> i mean, we'll see. i think it's not going to be that big of a deal if she loses. people keep forgetting she was facing off against a lot of republican competition before she even got -- neil: that's right. >> and he's had so much more time to solidify a base.

so she's kind of playing catch up. but honestly, i don't think this signals that much of a win for democrats, because who knows if he'll win re-election down the road. neil: interesting. katie, thank you very much. >> thanks. neil: let's play this out a little bit. what happens then if all of a sudden late tomorrow night we get results that show that this safe republican district has tipped democrat? then the next day in trading what are we looking at? a market watcher extraordinaire, what do you think? >> look, if the republicans start losing, probably doesn't help markets due to the fact i do believe a possible conservative agenda coming up, even though we haven't seen much of it yet, will help markets. so it's something to watch very closely. and, look, with elections momentum is everything, and i can promise you the dems as well as the media's going to drive this ball to the hoop bigtime if the dems do win. neil: all right. but the market seems to be betting that republicans will eke this out. con seven discuss is always dangerous, predictions are even

more so as you've reminded me over these many years. but you think a loss here on the part of the republicans in this otherwise up til now safe republican district would be damaging at least near term to stocks. >> it doesn't help the cause. the good news is for the market right now dow and s&p are strong, the nasdaq got hit real hard last week, looks like it held some real strong support today. and something that hasn't been talked about, last week europe -- even though things are better -- they're going to still print the trillion bucks a year and still at negative half percent interest rate, same for japan. and i think that's what's keeping a floor under the market and keeping any trouble away at this point in time. easy money has always worked for the markets. i think that's the big help here. neil: in the meantime, big technology stocks, not universally, have been clawing their way back. amazon, of course, a chief beneficiary of that and, of course, apple, netflix, facebook, some of these names we're showing here, they have

rebounded a little bit. that's not to say they always will. are they still the party leaders? in other words, have you seen anyone else emerge that can take their place? >> i've never seen anything take the place of technology in a bull market. technology always leads, and that's why it's so important to watch it. second is financials, but i think a very far-away second. so as long as technology's doing well and we're talking about software, internet, fiber optics and the like, i think all is in good stead, and today is really important. the big money came back in right at support levels today and said we're not going any lower. and you can see what the market's doing today. and by the way, i've been hearing this talk about it's a very narrow market, and it is. i've seen much broader-based markets, but there are plenty of areas doing pretty well. i'm seeing things that you put in your home like whirlpool and sherwin williams breaking out to new highs, caterpillar and deere.

you've got boeing and johnson & johnson. so i think it's in pretty good stead and surprisingly so, because usually we get the summer doldrums, so so far so good. neil: another thing that comes up with some of these technology stocks coming back is that they don't -- if they're concerned about tax cuts not happening, they have a funny way of showing it. so if it looks like the tax cut thing given the limited legislative days and/or the health care thing given the limited legislative days is delayed to a next-year event at the earliest, then what? >> heck to pay, simple as that. i think a big portion of what we've seen -- and it's by no accident, the day after the election the market lifted off -- is because of all that. we had eight years of the opposite not only on tax, but on regulations and just about everything else. so i really do believe not only markets, but business owners and the heads of major corporations

are in expectation, are in planning for all this going forward, and that is tax relief, health care. and when i hear, though, about this health care bill that they may put, leave 21 taxes in there and we also keep hearing about border tax, i'm not very excited. that's something that has to be watched very, very closely going forward. neil: yeah. doesn't sound a whole lot different than the one it's presumably replacing. gary, thank you very much. >> thank you. neil: london hit by terror yet again. we're learning new details on the suspect that sounds a lot like other, prior suspects, again and again. after this. ♪ [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.

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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. neil: all right, here'at we now know about this latest attack or potential attack in france -- paris, more to the point. a 31-year-old driver slamming into a police car that city. he had been known to cops as a terror threat. fox confirming there was a gas tank in the car. the driver, of course, now dead. switching to london now, a terrorist suspected in a london van attack there, connell mcshane has new details on the suspect there. >> reporter: we just got a name, neil, the newest detail, darren osborn is the name of the suspect, 47 years old, we're told, from wales. darren osborn.

the police say this man is facing terror-related charges, allegedly ran over a group of people late last night, early this morning at a mosque. there's one dead, ten injured. you know, a group of citizens there outside the mosque played a large role in taking this darren osborn down. they wrestled him to the ground before the police got there. he was standing outside of the white van that he is supposed to have use9 to run these people over. the mayor of london, himself a muslim are, sadiq khan, said he is treating this as an act of terrorism i. the president adds this -- >> we will establish a new commission for countering extremism as a statutory body to help fight hatred and extremism in the same way as we have fought racism. because this extremism is every bit as insidious and destructive to our values and our way of life. and we will stop at nothing to defeat it. >> reporter: yeah, theresa may speak about extremism of any

kind, and that, she said, includes islamophobia. in terms of whether anyone else was involved, we don't really know, but we're told police have been searching a home in wales, and now we know that's where the suspect is from. here in new york we got a statement from the police department, and it reads: out of an abundance of caution, critical response command units have been deployed to mosques throughout the city. something, quite frankly, we've grown accustomed to here in new york. but again, one dead, ten injured, all muslims. and now we have a name, darren osborne, the suspect. neil: connell, thank you very much. meanwhile, russia issuing a warning to the u.s. after a syrian plane is shot down by american forces. former bush 43 state department official paul botticelli. do you think the russians would make good on that threat, that if we are over there, their zone, protected zone, they would shoot down any u.s. plane that ventures there? >> i do not think that they would. the last thing putin wants is a

war with us or a conflict where he even gets a bloody nose. he can't afford to do that in his country because he lives by, you know, the nature of the strongman. no soviet leader wants it either. he's claimed that he's cutting off communication, that special communication line is only one form of communication. it's more of a diplomatic show than it is, you know, the real communication between our militaries. but he also stopped short of saying he would shoot down anything. so it's definitely tough rhetoric. he is trying to gain the upper hand here afr the miliation of shooting down the syrian jet. but he's met a n president in president trump who is, obviously, not a lap dog to putin, else he wouldn't have shot down putin's ally's plane. neil: that's a very good point. paul, another thing that comes up is whether we had, in fact, warned the russians we would do just that. we gave them, when we launched the tomahawk missile attack a couple of months ago in response to that chemical weapons attack, we gave the russians a heads up

that's exactly what we were going to do. they were outraged and angry, but i'm wondering if we would have done the same thing or we had it on good-standing word that that's exactly what we would do. >> yeah, a couple of things. we don't know yet if we did warn them, so it may come out that we did, or it may have been done in a channel that we just don't talk about. neil: right. >> secondly, they were very clear what we would do because just like they were u.s. troops that might have been attacked, we will not tolerate attacks on our coalition force. we lose face as much as else if we tell these people we're going to protect them, they're fighting for a cause we believe in and we allowed them to be killed, it would have been an affront to the u.s. and remember, they were warned with our actions in the region, and then they went back and bombed again. so they really did know what we would do even if we didn't explicitly say that plane's coming down. neil: you know, are these skies, do you know, paul, monitored? in other words, in case there is overlap or one country or

coalition's planes are getting close to another? i mean, like, i don't know, for oversimplification of, like, air traffic control in this country. >> yeah. it is probably not like, you know, watching planes over toledo -- [laughter] but it's pretty sophisticated the way we watch, the way they watch. we coordinate. israel, obviously, doesn't talk about it, but it knows a lot about what's going on in every pa part of that region. so while there can be miscalculations, these were very calculated acts. the syrian jet dropped bombs on purpose to try to stop the forces that we have built up and protected, and we shot that plane down very intentionally because it crossed a line. neil: all right. paul, thank you very much for taking the time. we appreciate it. >> sure, neil. neil: all right. technology ceos, that meeting has now begun at the white house. and whatever their differences with this president, largely to a man or woman they do have fierce differences with this president like on the climate accord, like on visas, what have

you, the travel ban, you name it, they've all done very well. that is, their stocks and their companies have done very well since donald trump was elected president of the united states. so i'm sure they're not interested in getting on his bad side, and i'm sure they're not interested in necessarily pulling an elon musk and robbing them of a chance to be at that table. he's the only one who's not at that table. all the other tech ceos are. more after this. ♪ ♪ pressure welcome to holiday inn! ♪ ♪ whether for big meetings or little getaways, there are always smiles ahead at holiday inn.

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neil: all right. youtube is doing its best, it says, to fight terror by making extremist content harder to find and at least keep on its site, but a lot of critics are saying, well, a lot too late. hillary vaughn with the latest on what it's trying to do. hillary? >> reporter: neil, youtube is not only ramping up efforts to combat terrorist content by identifying it more quickly and taking it down, but now they're also taking a tougher stance on videos that aren't in direct violation of their policies and,

therefore, cannot be taken offline. here's what they're doing. videos that contain offensive or inflammatory religious content will remain on their site but now with new restrictions. those videos will not play with ads, and users won't be able to make money off of views. comments will be deactivated, and they can't be promoted by other users. the videos will also play along with a warning. google's general counsel, ken walker, writing in a block post saying that means these videos will have less engagement and be harder to find. we think this strikes the right balance between free expression and access to information without promoting extremely offensive viewpoints. now, these videos that aren't explicitly calling for violence can be just as dangerous. one of the attackers in the london bridge knife attack was reportedly radicalized by watching sermons from an islamic cleric on youtube. ya brill's account remains active online with no ad play, but there's also no warning posted along with his videos. now, keeping track of this

content is critical. youtube says 400 hours of video content is uploaded every minute, that's about a century's worth of video every day and a half which means youtube cannot police their content in realtime. neil. neil: thank you very much. meanwhile, speaking of all things technology, a big tech summit going on at the white house right now amid this backdrop of terror. the tech companies need help from the white house, or at least cover from the white house. alex pappas says the washington examiner's white house reporter, good to have you. >> hey, neil. neil: on this terror thing, that's the latest backdrop to everything going on, alec, and i'm wondering how much that's playing into the discussion. >> i have to imagine it's going to be talked about a little bit. the white house says the big focus of today is modernizing government, so they want to bring in some of the top ceos, and they are bringing in top ceos from top tech companies to come and say, hey, what can we do to make government i.t., for example, more modern. and some ite house officials were saying, you know,

people in america, they go on amaz, for exple, and they have a good experience. but they go onto government web sites and maybe not such a good experience. bring in these guys and say, hey, how can you make it better? for these guys, they aren't necessarily big supporters of the president, they get a seat at table at the white house. the president of the united states invites you, you're going to take him up, i think. at least for the most part. neil: is it your sense that elon musk is going to regret opting out of this group? because better a seat at the table than no seat at all? >> yeah, i think so. and, you know, look, most people didn't take that tack. and they are, i would imagine at some of these companies, having tremendous amount of pressure from liberal activists who are saying don't talk with donald trump at all. i think a lot of these guys are being a lot more practical thinking, hey, if we have a chance to affect policy and the president of the united states is asking us to come in here and suggest things we can do to change that would probably directly affect our company, we're not going to say no just because liberal activists are

saying we shouldn't. neil: and the reality they kind of agree with elon musk, opting out of the climate accord was a mistake, they agree with him that this travel ban is something that hurts them or most of them have had that kind of view expressed. so why do they stay? is it that they like the idea of the tax cut? they like the idea of a tax holiday with money held abroad that's particularly appealing to the alphabets and the apples? what is it that keeps them there? >> i think, once again, that they have a seat at the table. if the president's going to ask you your opinion, why would you say no and not have any seat at all, or you could go there and talk to them? >> you know, it's a thing that the white house is enthusiastic about bringing these people in, i they want to be talking about anything other than the russia investigation. the last couple weeks they've been trying to hit all these different policy points, infrastructure, work force development, now they're doing tech. neil: all right. thank you very, very much, alex. jared kushner, we have some tape coming from the white house, the

meeting with these ceos. let's listen in. >> behind the white house office of american innovation. i also want to thank chris hi dell for his hard work in making today possible. today we've assembled a very impressive group of leaders from the private sector and are putting them to work here today to work on some of the country's biggest challenges that will make a very meaningful difference to a lot of its citizens. this is technology week here at the white house, and we are proud to be kicking it off with your engagement and assistance as we work to modernize the government's technology infrastructure. we created the white house office of american innovation in an effort to bring business sensibility to a government that for too long has relied on past practices as automatic justification for their continuation. before i came to washington, many warned me that the bureaucracy would resist any change that we tried to implement.

so far i have found exactly the opposite. to date, we've been working with hundreds of talented civil servants, men and women who want to serve their country and see their government do better. we have challenged ourselves to pursue change that will provide utility to americans far beyond our tenure here. together we have set ambitious goals and empowered interagency teams to tackle our objectives. it's working, and it's very exciting. we began by analyzing and auditing our current infrastructure. it turns out that federal agencies collectively operate 6,100 data centers, the vast majority of which can be consolidated and migrated to the cloud, something a lot of you know a lot about. many of our federal systems are decades old with our ten oldest being between 39 and 56 years old. the department of defense, for example, still uses 8-inch

floppy disks on some of its legacy systems. the 1980 paperwork reduction act, designed to make government more efficient but also established before the government used computers, still has domain over every form published online. this requires a six month review and a rigorous interagency process to approve any changes that can be made on a government web site. regardless of how minor they are. this traps thousands of processes in paperwork and prevents routine improvements, optimization and often innovation. the v.a. has 532 forms on vets.gov, the majority of which are not accessible by modern browsers. most services still use paper forms including 90% of health care applications and 86% of claims. our veterans deserve better, and that's what we are going to deliver. civilian agencies maintain over 1.6 million e-mail addresses via

on-premise servers which are maintained by over 40 different contracts paying on average $20 per or user, per month. agencies that have migrated to cloud-based e-mail have seen these costs reduced to as little as $3 per user. our goal here is simple: we are here to improve the day to day lives of the average citizen. that's a core promise, and we are keeping it. together we will unleash the creativity of the private sector to provide citizen services in a way that is has never happened before. we will foster a new set of start-ups focused on gov tech and be the global leader in the field making government more transparent and responsive to citizens' needs. we are encouraged by the enthusiasm and collective desire to succeed, and we have already begun to see many improvements. two weeks ago secretary shulkin

announced the plan to unify the electronic medical record systems of the v.a. and the dod. as the two systems encompass, essentially, the same set of users, this merger would seem obvious. however, this has been a major issue for veterans, and despite 16 years of failed efforts, the trump administration got it done in less than five months. additionally, the v.a. has already been able to reduce the average wait time for claim establishment from 25 days to 8. secretary shulkin has done an outstanding job and has many more great announcementshat will be coming soon including a very big one this coming friday. omb has eliminated more than 30 outdated one and unnecessary technology policies come prides of more than 850 discreet requirements of federal agencies. this effort alone will reduce compliance costs by tens of thousands of work hours per year.

for example, until last week the government was still requiring federal agencies to check software for y2k compliance. we have also worked with bipartisan leaders of the house to unanimously pass the modernizing government technology act and are actively working with the senate to send it to the president's desk for signing into law. a conservative estimate has our government's technology spending at over $80 billion a year annually. over two-thirds of these costs are spent maintaining legacy systems. this structure is unsustainable. ultimately, these problems are more than simply technical. they are about veterans in need of care, students fulfilling their potential and americans pursuing their dreams. by modernizing these systems, we will meaningfully improve the lives of tens of millions of americans. thank you all for being here

today and for participating in these sessions, and we hope that in the coming weeks we'll be able to announce a lot more very exciting successes that will make this country better for everybody. i now want to turn this over to chris who's going to go into more detail on the different sessions and give you more direction on the -- neil: all right. we wanted to stick can with that, jared kushner, it's the first time we've heard him, at least to my memory, heard him speak. we know he's a certain power behind the scenes. but right now this was the first time we've heard him speak. and, of course, he is the one shepherding this process along with all these tech ceos. charlie gasparino on the significance of that after this. and later on, one of the people in that room is jeff bezos of amazon, in the middle of a big purchase for whole foods and a stock that races to all-time highs, it seems, on a daily basis. he, too, weighing in on the changing landscape for retail, after this.

neil: all right, we heard jared kushner speak. you know, and i never heard him before, and i've covered trump for decades now but never heard jared kushner speak. today i did. today you did. that's our gift to you, america. you're welcome. now, ahead of the big trip that he has planned in the middle east, he's the guy orchestrating this pow pow of tech ceoings -- powwow of tech ceos. that's a pretty crucial role, and doesn't charlie gasparino know it. another kushner point-person role. >> it's nice to know that jared kushner can actually articulate words in a coherent way, i would suggest as well, based on what i just witnessed. i can't be too sure, it's just once. neil: sound like you're getting kind of mean. >> well, that's -- mean or just, it's just me, okay? that said, i give him low probability ofsoeverring middle eastern -- of solving the middle eastern crisis which is one of his things on his agenda.

and this tech thing is interesting. i mean, i think that's kind of more in his ballpark, you know? neil: right. and he's very comfortable with that crowd. >> yeah. meeting with tech ceos. but, you know, i'll tell you, it just does bother me that a guy like that, you know, he's a smart kid, i guess, but he hasn't really done that much in his life. he's got this -- neil: bobby kennedy when he was attorney general? >> oh, yes, he did a few things. he was -- neil: got his brother elected president. >> was on some -- neil: going after the mob. >> he went after the mob, i don't know if this is a positive -- neil: you're saying even though bobby kennedy was roughly the same age now, a world of difference. >> look it up. it just rankles me that, you know, that's what we're dealing with here. and if you wonder why this agenda has been stalling, i mean, this is one of the reasons. he's got an inexperienced person with way too much to do. neil: yet i don't know whether these numbers are redundant, but 350 sew owes -- ceos have met

with the president at the white house. that's already a record for a -- >> that's a good thing. neil: and that's a good thing. what has it accomplished though? especially since some of these are critics of the president on environmental accord, the travel ban, but they obviously see a benefit to being at that table. >> listen, we criticize trump on his bad stuff, i think that's a really good thing. and the ceos i speak to -- remember what used to happen when obama met with ceos? he used to lecture them, berate them, show up late. it was a pathetic sort of thing where he used to treat them like garbage -- neil: and the president is in his almost with these guys. >> these guys feel like the white house wants to help them help the country, and i think that's a really positive thing. every ceo, i've talked to some of the handlers who were in some of those meetings, they felt like this is an administration we can work with, that, you know, they want to help business create jobs. neil: look at eric schmidt, of course, of google parent

alphabet fame and some of these others, what do they get out of it? the ibm chairwoman. >> well, you don't want the white house to be at war with banks or business, and that was the general feeling during the obama years that, you know, regulations were going to be rammed down your throat, we're going to be looking to prosecute you for everything you do. that's not what's going on here. and the other thing they get, they get legislation. or less regulations. i mean, bottom line is dodd-frank is going to be -- i don't know about repealed, but it's going to be watered down -- neil: and you want to be there to weigh in on it, right? >> that's the type of -- yeah. and you can weigh in on itbut also you can impress upon hi because he's an open ear on this stuff, what are the bad parts of dodd-frank, what are the parts you get to keep. and i think the notion of a 15% corporate tax rate, even these silicon valley guys who are so leftist, they love that. neil: right. >> that shows you what greedy losers they are. [laughter] they would, like, completely back stab you for a tax --

neil: there's something admirable about that. >> it's a little -- you know, it's why i like them. neil: of course. yeah, exactly. charlie, thank you very, very much. in the meantime, is amazon taking off a little bit more than it can chew with this whole foods thing? the read into the wisdom of this deal, even if the price keeps going up, after this. ♪

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early on to the wisdom of jeff bezos, so maybe she can share some wisdom behind this deal. you're the expert, i don't get. it seems to me going backwards, brick and mortar, but you argue not. explain. >> here's what's going on, he's able to see around corners when it comes to retail. so even if this deal goes through -- which at the moment is not that big of a deal. so 600 -- so the grocery industry accounts for about $600 billion worth of, you know, the transactions and revenue, correct? neil: right. >> e-commerce only represents about 1-2% of that. for the most part, none of us are buying our groceries online. however, by 2025 it's going to account for 20% of that. so 20% of our business is done via grocery in transaction is going to be done on online. neil: but a lot of this stuff is very perishable -- >> right. neil: it's even all the more perishable. >> and to your point, us on the coast, i shop at whole foods all the time, it's right down the street from my house. i deal with the entitlement all the time --

[laughter] but in the middle of the country, most of everyone is buying their groceries at wal-mart. 98% of the country is. neil: whole foods is more expensive than walmart. >> way more expensive. you're absolutely right, is everyone going to start buying whole foods on amazon now? no, not necessarily. but what jeff bezos is doing is creating the infrastructure, neil, for what's to come later on. we might even see acquisitions of bigger grocery chains because he's created that infrastructure for grocery. neil: but how will they keep, i keep going back to this dumb concern, how will they keep the stuff fresh delivering it to your home? >> that's the thing. he is able to have -- they have those centers, right? neil: right. >> while they have the mega-centers, they're going to have smaller centers closer, you know, within the cities, maybe five or six, so that things are going to be able to be refrigerated -- neil: pack it in dry ice. and a lot of people sell meat and the rest of it, they've done that for years, but you pay a

little extra, sometimes a lot extra. >> exactly. amazon has been able to have those razor sharp margins, keep costs very small. there's also, they do a lot of third-party distribution -- neil: right. >> -- and contributors that they work with in order to get merchandise to people's homes. back during the holiday, you remember that they were able to do those gifts that were able to be delivered within an hour to your home. neil: right. >> these are perishable items, right? they had these distribution centers all around the city and able to get those to people's homes. so -- neil: what's got to make this effective is to get it to their homes that day or just hours -- >> that's the only way to do it. they're not going to be able to ship it from phoenix to ohio, for example -- neil: so why did they go the whole foods route and not a more traditional grocery store chain or one that is more mainstream? >> i think whole foods is, what, 435 different stores. i think if you look at the

revenues, if you look at their bottom line, i think it was ripe for either an acquisition, i think it was ripe for an acquisition, the stock wasn't moving that much. neil: [inaudible] >> sorry? neil: they have 32 different types of avocado. >> i did know that, you know why? because i buy avocado there. [laughter] neil: do you think there are going to be competitive bits here? >> for whole foods? neil: yeah. >> i think -- >> will they match? because if sos wants this -- bezos wants this, he's going to be able to get it. >> i think we're going to see a lot more grocery acquisition on account of amazon. they are not strong in grocery yet, so i won't be surprised if we start seeing things like target as a potential acquisition for amazon. much later -- neil: wow. >> maybe not tomorrow. neil: amazing, amazing. all right. thank you very much. market down, she's been right on a lot of these trends that i completely miss. but, again, i'm not an avocado. a lot of people are. [laughter]

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♪ neil: all right. we are told that alexandria, virginia, police officials will hold a news conference in a few

minutes on the congressman steve scalise' condition which we're told improved after several surgeries. he is remains in serious condition at washington medstar hospital. we wish him well as he fights back from the horrific attack. to trish regan to take you through the next hour. trish: thank you, neil. president trump's personal lawyer, jay sekulow doubled down saying that the president is not under investigation for obstruction of justice. all this as the dow hits yet another high today. take a look at this. quite a rally going on underway, up 120 points. a gain of almost .6 of a percent. on the dow jones industrial average, we're all over it, i'm trish regan, welcome, everyone, to "the intelligence report." president trump getting his pro-growth agenda back on track next few hours. he will meet with top business leaders at white house to discuss ways to modernize the