here. that's it for us tonight. thank you for joining us. congressman matt gates is among your guests tomorrow. join me and melissa francis on >> big step toward fulfilling our promise for historic tax cuts for the american people lose the ball is in the senate's court. maria: all eyes on the senate after the senate finance committee gave thumbs up to its version of tax reform. now it is up to the full senate. a big win for house republicans who pushed through their version of the tax bill. a big move in walmart stocks driving a rally on wall street, the dow surging 187 points giving back 32 this morning. in europe, stocks open lower after disappointing earnings report.

the ftse down 27 points, cac quarante by 12. in japan any day gaining 0.2%. shanghai composite falling half of 1%. no matter if it is a train, plane or automobile pack your patience, next week will be one of the busiest travel days in years. "fbn a.m." starts now. it is 5:01 in new york, congratulations, the 17th of november. >> i'm leah gabriel in for cheryl casone he. a lot of news today. senate finance committee sending its version of the tax bill to the full senate as the panel approves legislation on a 14-12 partyline vote hours after house republicans pass their bill, 13 gop lawmakers

voted against the measure and most from high tax states, donald trump tweeting big wednesday for gop tax cuts and reform, 227-205, democrats want to raise taxes higher but not for our military. >> mike pence emphasizing white house efforts to get tax reform done. >> to turn this momentum into sustained economic growth there is one policy more important than anything else and i'm here to promise you donald trump and i will be fighting to pass the largest tax cut in american history and we will do it this year. >> the vice president said the ball is in the senate's court. adam shapiro has more. >> all eyes focused on the senators who have not committed to voting for or against the senate version of tax cuts and

jobs. i will show them to you, susan collins from maine is concerned about repealing the individual mandate that it will drive up the cost of insurance premiums and negate any savings. her constituents would get from the tax cuts. and lisa murkowski, senator from alaska, people think she might be no but there is a deal that has been struck that will allow drilling in the arctic reserve, that will win a yes from lisa murkowski. the others are noncommittal. that is what people are paying attention to but democrats are on the attack pointing out an analysis that shows taxes for people making less than $100,000 a year will go up within ten years. >> senators at home at the end of the week, the thanksgiving holiday. the majority from the house and the senate are going to be hashing out the differences in their two bills. they are looking to cut a

backroom deal. when you are reaching for the cranberry sauce, republicans are going to be reaching for your pocketbooks to give handouts to multinational corporations. >> reporter: the goal the senate set for itself is to try to have a vote on the tax cuts and jobs act after the thanksgiving holiday. lauren: this is affecting the stock market. if you look at gains across the board, the biggest in september. the president of the advisory group joins us, happy friday. two things the stock market is telling us, selloffs are very short-lived. two days of selling and earnings are strong. look at how walmart on the heels of the earnings report did yesterday so we are in a good place. i didn't mention tax reform. 's tax reform into the gains we

are seeing? >> tax reform is driving market, large multinational corporations make up the dow, the s&p. with a 20% corporate tax rate, will send stocks soaring, that is baked into the current valuations but i am also concerned about getting past with ron johnson being another holdout in the senate waiting for small business tax relief which i think should be added to the bill. this bill exempts a lot of small businesses, financial services, medical, arts and entertainment. many small businesses will be left out of the tax reform bill. i hope donald trump gives me a christmas gift, thanksgiving gift and cuts my rates for small business. neil: they say the proposals do more for big businesses and small businesses but you are in the minority when you say you

think tax reform has been baked into the markets, many people we speak to say that it hasn't. ubs out with a note yesterday, they say, quote, the stock market is not even close to pricing tax cuts, and should we get them we will see the market fly and they point out winning sectors and the like. you disagree? >> i disagree it is not baked in. the gains we have seen, the trump bump has been largely due to two, healthcare reform which never happened and tax reform which if it doesn't happen, a selloff. if we get tax reform the markets could be soaring. there are so many hordes of cash, google, apple, oracle, i saw something like $500 cash overseas that will come into

the repatriation tax. a huge boom to the markets. if we don't get it passed there are problems. >> seeing a slight after the house did move yesterday on passing their bill. we appreciate your perspective and i hope you get your christmas present. have a good weekend. our franken apologizing to a radio anchor after she accused him of forcibly kissing and groping her in the middle east. this allegedly happened three years before he took office. >> put his hand on the back of my head, mashed his face -- it happened so fast, mashed his lips against my face and stuck his tongue in my mouth so fast. lauren: she tweeted the allegations including this photo with his hand over her

breast as she slept. democratic senator issuing a statement saying, quote, i don't know what was in my head when i took that picture, there's no excuse. i look at it and feel disgusted with myself, it isn't funny, it is inappropriate. donald trump saying on twitter the out frankenstein picture is really bad, speaks of thousands words. where do his hands going pictures 23456, when she sleeps, and last week she was lecturing anyone who would listen about sexual harassment and respect for women. he is referencing a movie franken was involved in where he wanted to leslie stahl to be raped. he is facing an ethics investigation, fellow democrats condemned his actions was we have more on this story in just a bit. alabama voters want a strong moral leader to replace jeff sessions in the u.s. senate,

democrat doug jones leads republican roy moore in the special election according to a new fox news poll released, 9% of people polled decide to vote for someone else. women support jones by a 26 point margin, when it comes to strong moral character. leah: tax or from a sexual assault, and shares of our parent company, 21st century fox jumping in after-hours trading on reports the renewed interest. lauren: tracy joins us with more on that and other headlines. >> a new suit is lining up, sent shares soaring 10% after the bell comcast closed out a fraction yesterday now

expressing interest in buying a substantial piece of the company, verizon, which gained a fraction after-hours also possibly in early stages of looking at a deal and some of this -- sony approached fox. with the company. and potential suitors. and us cable networks and international business. declining to comment on these reports. >> elon musk unveiling the company's first electric semi taylor truck. the semi do out. a single charge, and allow the

truck to travel autonomously with other big rigs and must managing to steal his thunder, the newest roadster, sports car designed to go 0 to 60 miles an hour, the roadster will be available in 2020, $250,000. >> elon musk looked cool jumping out of that truck. >> you can't not look cool. he looks cool now. you won't be alone. >> not going far, staying close, aaa projects 51 million people will travel this thanksgiving on the roads coming in the skies and on the rails, the highest number of people traveling since 2005,

most people will be driving about 45.5 million, that number also up from last year despite higher gas prices up $.41 a gallon compared to last thanksgiving and the busiest day on the road, aaa says next tuesday evening between 5:30 and 6:30, people getting out of town and try to get home from work. leah: you have been warned not to travel at that time. a massive fire at a senior living community, we will tell you all about it. let the arm-twisting "i can republicans get the vote to pass tax reform in the senate? you are watching lauren: -- "fbn a.m.".

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lauren: let's get you caught up on what is happening now, terrifying video of a massive fire at a senior living community outside philadelphia, pennsylvania injuring 20 people, the fire spread the multiple buildings and you see flames shooting from the roof and windows. residents forced to evacuate in the cold, many pushing wheelchairs or on beds to safety. crews in south dakota working

to clear out 210,000 gallons of oil that leaked from the keystone pipeline, 5000 barrels of oil leaked into an ever cultural area before the transcanada pipeline was cut off. official don't believe this include any water or drinking water systems. special counsel robert mueller has subpoenaed the trump campaign for documents from a number of people as part of his probe of washington interference, the wall street journal seeking document and emails that reference certain russia related keywords. the journal describing it as mueller's first official order for the trump campaign to produce information. leah: house republicans celebrate their tax overhaul. >> i got to say this is nothing short of extraordinary, the powers of the status quo in his town are so strong, yet 227 men and women of this congress broke through that today. leah: the senate will vote after thanksgiving. the question is will they have

the votes? nan haworth of the independent women's forum board of directors and a member of the donald trump for president advisory board, thanks for being with us. the democrats -- raises the child tax credit, it expires in 2023. is this really a good tax break for middle-class americans? >> it absolutely is. one of the reasons, the reason the senate and house have to apply these time limits is because the senate is using that mechanism we have come to know and love, reconciliation, to try to pass the bill with 50 votes with mike pence being the tiebreaker. because of that they have to fit into narrow core doors, these tax breaks, tax reductions have to be carefully

calibrated so that they will meet the budget they voted for. lauren: nonpartisan committee looks at this and says a fourth of middle-class people earning 75 to $100,000 a year will see an increase in 2027. >> those folks will all recognize relief and help, we will put dollars back in people's pocket and put people back to work, that is the whole idea of the business provisions reducing taxes, businesses of every size. what the plan would be would be to extend these tax relief measures beyond the projected expiration date. technicalities, those who oppose tax reform, all the democrats at this point do

because they want government to spend your money and republicans know you will spend it better than government will, they are trying to try these scare tactics but in fact folks should trust the fact these tax measures from the house and senate will get to get her, going to help grow the economy put dollars in their pockets. leah: the question is whether senate and house plans can come together, the issue is state and local deductions. if you look at new york city, firefighters, police officers who live and work here will get hit hard when they lose those deductions which can the senate version of past, pass when he goes to the house? >> when i was in the house, the conference committee, so we could get medicare reimbursement in 2012. in that time there is back and forth, a series of compromises,

cooperation. most folks will not experience trouble with salt deduction because they will get double the standard deduction. for most people that will take care of it. leah: ron johnson wisconsin is a no. others on the fence. thank you for being with us. lauren: you will not believe who will be storm troopers in the newest star wars. leah: it is us. >> blast them! lauren: a royal surprise, we will tell you more in a bit. i don't want to jinx it but a quiet weather week for your holiday travel. janice dean coming up in just a bit. ♪ having such a good time ♪ having a ball ♪ up and down ♪ if you want to have a good time ♪ give me a call

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leah: prince william and prince harry will make a cameo in the last jedi, do out next month, playing storm troopers in a short scene, their appearance confirmed by a british actor who says his character will be guarded by the royal storm troopers in an elevator. lauren: that is really cool, all for it it may be rough on the roads this thanksgiving but the weather may be good. leah: janice dean has a look at the weekend forecast and holiday forecast, congratulations. happy friday. let's take a look ahead. nothing is set in stone but i will tell you it looks pretty quiet for tuesday and wednesday

and thursday of thanksgiving, this is a look ahead. it is going to be cool across the great lakes and the northeast. there we will watch a storm across the northwest and could see scattered showers across florida but for the northeast and the thanksgiving day parade, around the freezing mark but the storm we are watching offshore remains offshore so fingers crossed. current temperatures cooler than it was, 38 in cleveland, warm across the central us, storm system moving across portions of the northern plains, the great lakes, that is the one that could disrupt travel saturday, sunday. not a big storm system but if you are traveling, know what your travel plans are on the roads or in the air because this is the system we will watch saturday into sunday, not a huge blockbuster storm but could delay travelers lose next week, not bad for turkey day. happy friday.

we made it. lauren: it has only been out four days but taylor swift's new album reputation selling like hot cakes. ♪ what you made me do ♪ what you made me do ♪ what you made me do ♪ warner: we will get the big numbers. speaking of numbers something to be thankful for, the price of your thanksgiving meal lower than last year, you are watching "fbn a.m.". ♪ ♪ stay with me ♪ stay with me ♪

>> big step toward fulfilling a promise to deliver historic tax cuts for the american people, now the ball is in the senate's

court. lauren: all eyes on the senate after they gave a thumbs up for its version of tax reform. now it is up to the full senate. leah: republicans pushed through their version of the tax bill. lauren: green light for tax cuts and a big move in walmart stock driving the dow up 187 points giving 37 back. leah: disappointing earnings reports, the ftse lower by a third of 1%, the dax in germany lower by 51%. lauren: in japan the nikkei up 0.2 of 1%, the shanghai composite down 1/2%. it is not looking hard for fashion startup price to get stock below its target price, jeff bezos and amazon to blame. "fbn a.m." continues right now. it is 5:30 in the morning in

new york, november 17th. leah: breaking news this morning, the senate finance committee sending its version of the tax bill to the full senate as a panel improves legislation on a 14-12 partyline vote. this comes hours after house republicans passed their tax bill, 13 gop lawmakers voted against the measure, donald trump tweeting big win in the house for gop tax cuts and reform, to 27-225, they want to raise taxes much higher but not for our military. warner: vice president mike pence emphasizing white house efforts to get tax reform done. >> to turn this into sustained economic growth you all know there's one policy more important than anything else and i'm here to promise you donald trump and i will be fighting every day to pass the

largest tax cut in american history and we are going to do it this year. lauren: he said the ball is in the senate's court and adam shapiro picks up the story. >> reporter: all eyes focused on the senators who have not yet committed to voting for or against. senate version of tax cuts and jobs act. i will show them to you, susan collins from maine is concerned about repealing the individual mandate worried it will drive up the cost of insurance premiums and negate any savings. her constituents would get from the tax-cut. you also have women like lisa murkowski from alaska who people think she might be a no but there is a deal that has been struck that will allow drilling in the arctic preserve, that will win a yes for lisa murkowski. the others remain noncommittal so that is what people are paying attention to the democrats on the attack pointing out to a gct analysis which shows taxes for people making less than $100,000 a

year will go up within ten years. >> the thanksgiving holiday, the majority from the house and senate are going to be hashing out differences in their two bills. they are looking to cut a backroom deal. when you are reaching for the cranberry sauce, republicans are going to be reaching for pocketbooks to give handouts to multinational corporations. >> the goal the senate set for itself is to try to have a vote on tax-cut and jobs act after the thanksgiving holiday. >> out franken is apologizing to a radio anchor after she accused him of forcibly kissing and groping her during a 2006 uso tour. >> put his hand on the back of my head, it happened so fast, mashed his lips against my face

and stuck his tongue in so fast. >> placed his hand over her breast while she was sleeping. good morning, the sexual harassment in politics is coming to the forefront and is hitting democrats. i want to ask about democrat response to this, let's form an ethics committee to investigate. is that a good policy? >> it is. all kinds of oversight, senator franken has called for an ethics committee investigation which is important because in past investigations the committee cited the level of commitment and cooperation from the investigate he has evidence whether they should be expelled. they investigated a senator, 30 few months, in which 10,000

pages, into his behavior. they unanimously recommended expulsion and he resigned. unless they have been convicted of a crime against national treason or classified information. not a lot can happen unless they unanimously recommend and the track record is such that it is rare. an ethics committee is a way to say we will worried about this later. you brought up resignation, politico reporting there's whispers among top democrats and republicans that franken should resign. do you think he should? >> it would be a positive step for optics. what is more beneficial is if the ethics can he conducted a probe. those 6 senators would have to go on record establishing a standard for sexual harassment, prior to his being elected.

they received 63 recommendations, they looked into the allegations. and their options were outside formalizing the process, and referral to the doj -- >> that photo is pretty damaging. out franken has to do what he did, say he is sorry, that could hurt him in the end. >> especially, this occurred before his election so it calls to mind the culpability and responsibility precedes the election, you can start being a saint because you were elected. i did a uso tour. they are grueling and emotionally exhausting.

when you are sleeping you are passed out, nothing will wake you up. a very unfortunate situation. lea: thank you for your perspective today. lauren: fashion startup gearing up to hit the stock market. and some other headlines making news. >> stitch fix officially had be nasdaq today. ipo below its target at $15, more shares than plans, originally targeted 18 to $20 in a regulatory firing. they are concerned about competition and the company of long-term growth prospects put pressure on the ipo pricing. amazon announced they are doing something similar, they pick

what they want. amazon comes in and takes over. >> there is disappointment. and to the dinner table. >> good news before it is going to cost to prepare the thanksgiving meal, the annual survey, $49.12 down $.75 from last year, the lowest price for a meal for ten people since 2013. and sweet potatoes, the turkey, down to sense a pounds, and in 2015, and we have seen it come

down slowly. and complications -- >> look what you need to do, the taylor swift song. taylor swift, for a week, and breaking records, and solar million copies, the most copies of a new release out, she beat the divide which sold 119,000 and releasing tour dates, big -- a lot to be thankful for. a lot of democrats are rethinking the legacy of bill clinton including a former ally of the clintons who says bill should have resigned over sexual misconduct way back when. >> something more.

something darker. the weekend box office, the justice league big film coming back. ♪ ♪ the best day of my life ♪ hi, i'm the internet! you know what's difficult?

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lea: a judge declared a mistrial, the decision comes down after a federal jury reached a verdict in the democrat case. involving $1 million in contributions and gifts from a florida eye doctor. long time bill clinton supporter kiersten jill a brand says the former president should have resigned after his affair with monica lewinsky. she holds the senate seat vacated by hillary clinton making her the highest elected democrat to make such a statement about the former president. she did they social more as were different in the 1990s when today when bill clinton's conduct looks particularly bad. johnson & johnson has won a lawsuit against a woman who claims baby powder gave her cancer. she claims she developed the cancer mesothelioma after being exposed to asbestos in the

company's product, johnson & johnson called the claim baseless and that is what is happening now. lea: some movie openings at the box office, one particular movie, the justice league. a superhero film from dc comics we talk about, thanks for joining us for the first time we are doing a segment like this. >> we are not into it. i am not a big superhero fan but at the same time i think this will do better at the box office and the reviews indicated. it is tracking a bit lower but is better than that. lauren: mendelson says it is a great time at the movies, he called a, quote, enjoyable

romp. >> this year has been pretty flat at the movies, nothing exciting to get you there except wonder woman in the summer and beauty and the beast earlier. people going into the holiday season it is getting colder outside. people want to escape especially in the holidays, ben affleck made a big draw after the wonder woman franchise this summer. not an incredibly well-written film hastily produced, two directors working at it but you are seeing megastars, you can escape for a while. >> getting good reviews. the rivalry between marvel and

dc comics. do you think this will change things? >> marvel is going to keep leading to catch up. >> a little tired out, don't think we will see people losing interest superhero films, people are excited about the 2019 lunch of wonder woman ii. good superhero film is only as good as the story so if the characters are developed, characters we love -- lauren: your take on the timing of this before thanks giving? good or bad? >> people are ready to go to the big screen. you will check out wonder starring julia roberts and owen wilson and that is what it is

supposed to be. about kindness. lauren: thank you so much, coming up, thursday night football ben roethlisberger and the pittsburgh steelers, the tennessee titans, a highlight, and gerri jones, an emergency meeting of team owners denied. looking at red, dow lower just fractionally, you are watching "fbn a.m.," we will be right back. i no longer live with the uncertainties of hep c. wondering, what if? i let go of all those feelings. because i am cured with harvoni. harvoni is a revolutionary

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lou: gerri jones -- the new york times reports they are telling him forget about it, threatening to sue the nfl over roger goodell's contract extension. owners worn jones could be subject to a fine if he filed a lawsuit, jones has been openly critical of the league since the decision to suspend cowboy star running back ezequiel elliott for six games, donald trump will host a champion at the white house, one team will not be there, the women's basketball team, gamecocks head coaches on staley center team has declined, it is not a political decision. just a scheduling conflict. lea: a winning streak colliding in the nfl and nba. lauren: jared max is here with

the highlights. >> winning streaks colliding, the first two games of the nba season, celtics have not lost again. they carried a 13 game win streak at home against defending champion golden state warriors who won seven games in a row. slams it home, 22 points, golden state at the others end, kevin durant with a crossover, scored 24 points last night, golden state led by 17. boston would not go away. celtics outscored the warriors 19-numtwo to end the third, celtics led 92-88, celtics when were 14-straight. four straight for the tennessee titans, thursday night football, week 11.

great matchup on paper, huge night for antonio brown and ben roethlisberger connecting for three touchdowns, 144 yards, 16-14 steelers, big ben found a brown for the second score of the night and in the fourth quarter early on would do it again, touchdown, 37-10 lead, but the 40, tennessee 17, five straight wins for the steelers, ben roethlisberger four touchdowns. the patriots will play the raiders in mexico city, this past summer patriots receiver is spent time in mexico filming a documentary working around the area to promote sunday's game, we got to see patriots teammates trying their hand at mexican wrestling. the degenerative brain disease cde discovered in those no longer living but a study was published in neurosurgery that find evidence of cte and 14

living ex-players was a diagnosis was found in the brain of frederick neil who died in 2015. the mvps given out last night. the tight race for the national league, 302-300 in total points. 59 home runs, american league goes to josé, 5 foot 6, 5-5, hive 5-4. emotional, finding out he won. >> mvp, i feel like i want to cry. >> congratulations, what a storybook season for the houston astros. aaron judge sent out a kind tweet saying thanks to josé

alluve. happy to say. >> dying to talk about mexican wrestling but we have to go because the president is up and tweeting. >> about mexican wrestling? warner: i wish, but no. the president tweeting this morning, quote, great numbers on stocks and the economy. if we get tax cuts and reform we will see great results, the house to prove its tactile and the finance committee sent it to bill to the fool senate. lea: the dow went to 187 points, it is 105 below its record high. new ways to bet against brick and mortar, new detailed in london straightahead. ♪ ♪ i don't have to speak

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>> investors have a new way to bet against brick and mortar retailers. bedding against brick and mortar. >> looks like a trend so popular in the last year there are two etfs designed to bet

against traditional retailers. it is named after a decline of the retail store, and inverse etf that makes you money or goes up when stock prices of a lot of department stores and electronics goods makers fall or alternatively you can bet on success of the new online names like amazon against traditional retailers. it has made a lot of money, a bit risky after walmart surging yesterday and these stocks have fallen so low but people seem interested in expecting the trend to go. lea: norway central bank recommending a dump in oil and gas companies, what is behind this move? >> this is huge because it is $1 trillion sovereign wealth fund and they are looking for diversification. norway is heavily exposed to

oil and gas prices. basically they are looking to diversify but the impact on their holdings could be relatively big. they hold a huge amount of money, billions of dollars across the energy sector that took the wind out of their share prices but we have to see what the effects are long-term. >> it has been a good week for the most part. >> off to a week starts and rebounded, all over the place, a roller coaster. lauren: thanks for joining us on "fbn a.m.," we will say good morning to maria bartiroma, "mornings with maria" starts now. maria: happy friday. happy birthday, top story that 6:00 on the east coast, ct