stuart: i'm dying to read facebook to see what our viewers thought about that we bypass amazon, bypass tax reform and went with the royal wedding n five section my colleague neil cavuto takes over. i want to see what he will lead with. amazon, tax cuts, royal wedding. go. neil: i'm just wondering where the happy couple is registering. i'm thinking hickory farms. really what do you get a royal couple? stuart: you go to amazon. neil: we thought this was perfect for you guys. thank you very much. we're on the royal development. it's a big deal. an american divorce say, something we haven't seen in century. that is creating waves across both sides of the ocean. this very hour the president is talking taxes with key senate finance committee members over at the white house. this as senator rand paul surprised some folks here because it wasn't as if they were expecting a no vote out of him but they were expecting a lot of concerns to be pounded by

him. he is saying essentially, not so much. the white house says there is a deal to separately appease senator ron johnson of wisconsin. he indicated he would like to be a yes vote but thinks smaller, medium sized businesses are not being treated fairly. they're talking about a vote by the end of the week, maybe in the weekend. "daily caller" editor vince come come -- collagnese about this. i wonder if this was a way to nudge republicans on the fence to fet off the fence? what do you think? >> rand paul is honest broker. he committed to his ideology. he is very honest what his problems with this tax bill has been. he is one of the first republicans came out, i have a trouble with this if it raises taxes on middle class. look how far he has come. now he will support this thing. not all of what he wants. it gets a lot closer.

he feels closer that the administration will move for tax cuts on annual basis. that should provide anybody who is republican, who had discomfort with this, some level of comfort. rand paul supports it. maybe it is worth another look. neil: if you had to handicap this right now and given concerns about senators corker, flake, mccain, i will lump them together -- >> yes. neil: they certainly haven't telegraphed a lot of support for this. they raised a lot with exception of mccain about deficit stuff. mccain raised issues about the military spending that is built into the latest budget and one that might be extended in the budget extenders here, but how would you handicap it right now? >> i would handicap better odds than the health bill, because remember those same voices, that you mentioned many of them stood in opposition to repeal and replace when it came up to the senate. john mccain alone ended up

killing that, came out with famous thumbs down. if odds are better for health care there is bill that passes senate. my guess it can make it. the fact they're not voicing vocal opposition suggests they want to be part of the negotiating process to get this over the finish line, ron johnson chief among them. neil: i always wonder, you remind me of all the wheeling and dealing to satisfy one senator to win them over, you alienate others. for example, accommodate susan collins of maine to leave out individual option issue could rattle other folks who were planning to spend that $330 billion by extending the tax cuts. so update me on the dangers. >> well, the dangers, here, as you noted with people like susan collins, i think reality is, that the senate is going to do what they can to pass this. then this goes potentially to a conference situation with the house, that is a next step in this tax fight our the house could very well takes up the senate bill and vote on their

own. i think ultimately what the president's agenda is today and tomorrow as he deals both with senators on the senate finance committee, senators broadly in the republican party, ultimately with senators and congressman from both sides of the aisle tomorrow, he needed to get something passed. this is do-or-die time. in order to do that trump will move mountains to get a bill passed, while at same time seeking goals getting pass-through businesses corrected in order to win over ron johnson. neil: vince, thank you very, very much. >> my pleasure. neil: meanwhile new numbers coming in what already proving to be a record holiday sales period, four days, five days if you extend it to last wednesday with thanksgiving and early black friday sales, extending over to amazon and its fulfillment centers been busy all over the country particularly with one in new jersey. deirdre bolton is there. reporter: hi, neil. it is cyber monday. so far as of 10:00 this morning,

americans are spending even more than what retail analysts have forecast them to spend. so we were expecting a $6.6 billion spend, which would be about 16 1/2% higher than last year. so far based on numbers we've seen so far this morning we're up around 1% stronger than cyber monday last year, which is going to be another record, neil. you will hear some noise around me here. bear with me. it's a short break for all these workers. some of whom have been working overnight. i want to highlight there are about 75 of these fulfillment centers. amazon is trading at record high, making jeff basis soes the founder, 100 billion-dollar man. the stock is outperforming all retailers. i with ask the cameraman to turn this around. i want you to see this. the workers are on a slight

break here for lunch. you will see them doing kala -- call -- these are teachers or other people found this is way for them to fill in some of the financial responsibilities for their families, for this time of year. but you can see them all stretching and doing their calisthenics the amazon people are careful to say all the packaging stations are ergonomically set up based on heights and range of motion of each worker. they have been very careful about that. this facility, neil, unbelievable. 1.2 million square foot. cubic spacewise, that is 59 football fields all lined up together. a lot of activity on the cyber monday. neil, back to you in the studio. neil: here i thought only the coast to coast crew that did

calistenics before. deirdre, thank you very much. whatever you want to say about amazon or doing calistenics in a work day to keep you jazzed. that relates so much, you have to wonder whether a lost busy shopping is folks spending money before they get that money, for example, tax cut dough? former investment banker carol roth and former cbo director, douglas holtz-eakin. you remember about people anticipating tax cuts and people spending. i conversely hike in taxes or concern about a slowdown that might be spending that they retrench. what is going on here? >> i think you hit the nail on the head, neil. we've known from past experience when people anticipate getting a little cash, they go out and spend it before it actually arrives. folks who doesn't have easy access to credit cards and things like that, usually don't do spending until the tax cuts

show up. they will do a little more now and if they pass this bill, they will do a little more in the spring. neil: carol, way too early how to judge how this holiday season will shape up. we're always confused, at least i am, by the initial anticipation, 4% rise over the weekend and online sales boomed 18%. what do you think it looks like early on? >> i certainly think the early indications this is going to be a good holiday season and it makes sense. the economy is doing well. there is a lot of pent-up demand. if you look at last couple seasons, we had really warm winters. people have not bought coats and sweaters last couple years. i think you will see a couple things we haven't seen last couple years do a lot better along with the typical electronics. along people getting best bargains i think they are spending cash a little too early and hold out for better bargains a little later. neil: i wonder about the apple

effect. it is one company, pricey phone over $1000. i wonder with those type of phenomenon, doug, i might be overstating apple's influence, whether it robs sales of other items, what do you think? >> i think what you do, you get a big spend at christmas. everyone knows that. if there is a hot item it does tend to bounce it up a little bit but i think on the whole it is fundamentals that drives spending, not a product in particular and having good, solid fundamentals is the key. there is no downside risk but it could do better on productivity and real wage growth and that is the kind of thing we're trying to do with the action forum. neil: carol, do people spend money they don't technically have yet? >> absolutely. one of the hallmarks of the u.s. economy. one of my financial rules you should not buy things that you can not afford. unfortunately that is not the american way. people if they see something that is a good deal, even spending more than they would

have spent doing nothing else, they think they saved money. that is the hallmark of our economy. people will continue to do it probably more this year than years past. neil: doug, your old colleagues up on the hill including senator john mccain, a lot of people wonder which way he will come down on the tax cut which presumably could be voted on sooner than we think, what are your thoughts? >> i think in the end it is more than a tax cut. it is fundamentally reform of incentives to innovate, invest, hire people and pay them in the u.s. ultimately comes down do you prefer the status quo where we have stagnant wages and most of our intellectual property and earnings heading overseas or something that changes those incentives and everyone knows this has warts. it is not a perfect bill, never will be, but it is choice between status quo and something better. we'll see how he comes down on that. neil: carol if this somehow were not to pass, something happens, bumps along the way, satisfy one republican senator, tick off another, and they, you know, all

of sudden they're beyond two votes they can afford to lose, then what? >> it is really interesting question. i think that there is, there are two different dynamics at play. one of them is the fact that if we don't get it, the market is going to be upset because they have price ad lot of that in. if it doesn't look like something that could happen, that could impact the market. however, on the other side of that, if we do get that, and we do get the good growth, you also put the market in jeopardy. right now we have medium growth, low inflation, low interest rates. if we start to get too much growth, we could see interest rates bucking up and unwinding of the fed balance sheets so it may end up having the same effect even if we do get tax reform in the end. neil: thank you both very, very much. we're keeping eye on corner of wall and broad. retail stocks are doing a lot of heavy lifting period and we'll keep a close eye how long that will be sustained and how long it can be sustained.

meantime, the president and ronald reagan, many compared how each has to make the ultimate sale of his life. ronald reagan did it in middle of a fairly sanguine environment even though the economy was dicey. this president in the middle of a hot potato. how each handle and each compare, after this. ♪

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neil: all right. a white house official says that the president has no intentions to campaigning for roy moore in alabama. the polls there, tight as a tick right now. the two leading candidates, democrat and republican are even, in one of the reddest of red states in this country. you know what happened since. president trump continuing to slam moore's opponent on twitter. former campaign manager ed rollins how this all sorts out. right now polls show it dead-even. we also know right now there is possibility republicans soon as, moore were to get there, if he gets there they will try to kick him out of there. what do you think? >> i don't think they try to kick him out. if he gets elected, up hill battle, dead-even battle, they will need his vote. his vote is there for the next four years. so, you're not going to throw it out start all over again. when deciding votes like this one by one or two vote, this election is for the next four

years. this is guy who serves out sessions' sate. neil: normally six-year term this is just serving out the rest of sessions' term. how do you think it will go? >> i think moore will win. i think a close race. but at end of the day voters for alabama are conservative, we, president needs this guy. we need this guy. and, there has been nothing in the last 30, 40 years, at least charges, allegations are 30, 40 years ago. there is no pattern, in the last 30, 40 years. he has been a pretty significant man in the state so. neil: looks like republicans are giving up on the notion of special write-ins and all this stuff. it looked like it would just fly in the face of letting alabama -- >> it is head-to-head. you could have obama u.s. attorney. or basically a conservative been religious leader and significant man in the state so. neil: does this boomerang on republicans nationally? should he get elected and republicans, you heard the whole wrap, they are embarrassed of a

guy like that in the senate? >> at end. day in the senate embarrassing to both sides and still get to vote every day. neil: very good point and very true. how would ronald reagan handle a guy like this? >> i think he would basically welcomed him. sat down and reagan was about friendships and having relationships. i think he would have welcomed him. i don't think he, he was never anybody who condemned anybody. he never attacked anybody during the course of the campaign. neil: he was stubborn too. >> he was very stubborn. but at end of the day he understands importance of votes and merits of legislation he wants to push through. neil: speaking of legislation, the tax cut debate back and for the, indications it could be a tight vote. rand paul indicating today, when push comes to shove will be a yes vote, so many we don't know, how do you think that will go? >> there are four or five out there. people are worried about the debt. they have think he do that very since searsly. you can't have a perfect bill

trying to put this together. neil: when you say worried about the debt, making debt worse. >> when you're adding to the debt, debt ceiling vote is ahead of that. neil: a lot of cynics say senator flake would use that as cover for no vote to say i'm going to stick it back to you, mr. president. >> easy to say that but actually do it is another thing. i think john mccain obviously did it on obamacare, but this particular case this, is the last chance they will get in this administration to basically pass tax reform. i think it would be hard to go back home and say, well, i didn't like the president or i didn't have this or didn't have that. i think at this point in time, there are still four or five will bring across. i think they squeak it out. if they get it through the senate you have a lot of room in conference. neil: do you have a lot of room? they will be far apart in conference. >> at the end of the day, in conference you have, you have premise of we'll have tax cuts, we'll move legislation forward

and then it is really very skilled people in negotiating behind the scenes. neil: ronald reagan did, i didn't know this until retrospect reading a lot on him, he was very much intimately involved in both tax cuts, in '81, that came to fruition in '82, and obviously the second wave, more substantial reform in '86 and a lot of people have this idea that he was distant, standoffish detail averse president. quite the opposite. >> quite the opposite. i was there for both piece of legislation. i was assistant to the president in both first term and second term. so i was in every meeting he was in. he asked good questions. he knew the substance. he would make notes. he wasn't a tax expert but he had people around him who were. jim baker obviously gone over to treasury made a big difference. he refined the bill. they had bipartisan support. they had overwhelmingly bipartisan support on this. they knew if they didn't do it democrats would do it so it was

important to get it done. neil: did he have sort of uncompromisable points if you pardon my english? i will not give ground on this? i feel passionate about this. >> he had three things he felt very passionate about. one, he felt defense needs of the country was significant. he wasn't going to compromise on those. he thought taxes were way too high. we had to lower taxes. that is basic premise of his days as movie star and he third, thought government was too big. he needed to deregulate it. the first two he did overwhelmingly. he rebuilt the defenses of country very important for last 30 or 40 years. taxes, 70% we came into office. obviously too, 26 was the high when he left. neil: amazing. >> really amazing. it really stimulated the economy. really believed in those things. neil: i wasn't even born. i heard it was a big deal. i'm kidding. one of the things i do remember about him he would listen, very, very closely. even in the reagan diaries his

reflections on certain uncompromisable points that he wouldn't budge on, do you think this president has to relay that, let it be clear, on this i will not budge? one of the earliest signs president trump has indicated he will not budge is the corporate rate, bring it higher than 20% or delaying it beyond next year? >> those are two very important things. i would hope the president would set some lines in the sand and not move from them. reagan set the tracks. these are my tracks. these are things i want. i don't want any movement outside of those issues. the problem with trump has been he has bounced around a little bit. now basically he set the things -- corporate tax is very, very important. that is more important than anything else stimulating economy long term as you know so well. neil: if they were not to get this, republicans not to get this, then what? >> they basically have a very difficult midterm election, heart for them to argue we passed hundreds of bills don't matter to people.

people think the big bills they went after were health care and this particular one. this is very, very important bill. there is the major thing republicans run on and obamacare repeal are more important to people today than anything else. neil: while you're here, i want to check you here on this. i'm told ronald reagan was loathe to quote the stock market a lot, or brag about it. maybe it was superstition. maybe he was afraid it could easily go the other way. it did in october '87. still higher appreciably than when he took office, he was concerned about that. this president not so much. who would argue this president trumpeting a market soaring since he was first elected and inaugurated. what would reagan tell him about that? >> i think reagan would basically say, brag on things you gained on. we had measurable gain since the election a year ago. basically always be wary that what goes up can go down.

neil: yeah. >> he didn't live with the stock market. he didn't sit there every day to play with it. don reagan did. he watched stocks all the time. reagan had sense of the body politic. he would talk to people in restaurants and people in schoolhouses. he watched a lot of television. owe knew what the body polltic what their concerns were. most of those people didn't have stocks. they wanted to create jobs and get the economy again. neil: he kept it simple. when it came to tax cuts and he kept it very simple and clear. >> he had a great mind. a very clear mind. a lot smarter than people ever gave him credit. a great ability to communicate to the american people. he could listen and hear what you were interested in and talk to you about things. neil: one of my favorite lines, whether you support tax cuts or not, i believe you're better with your money than government is. >> corporations don't pay taxes. corporations pass the taxes off

to consumers. neil: very good. i like my quote better. if you want to top me on that. >> i could never top you. your show. neil: ed rollins, gentleman. multiple best-selling author. former reagan campaign manager. i'm telling you, scary smart. meredith is now buying "time" with the help of the koch brothers. a lot of people are saying that could mean good-bye to covers like these? after this. ♪

♪ neil: all right. you have seen all the covers that ignited a rage on the right. so say good-bye to them now that, well, "time" is under different ownership? jeff flock has the very latest. jeff? reporter: maybe so. i guess only time will tell, neil. what can i say. we remember when "time" and "life" magazine were giants in the publishing industry. you can argue "time" marchs on news reels back in the day were

precursor of television news. time, inc., has come down several pegs but still worth $1.86 billion. that is what meredith paid for time, inc. that is a 46% premium on the stock price prior to the speculation around this takeover and that includes $650 million from the investment arm of the private equity investment arm of the koch brothers, famously-conservative koch brothers. what kind of influence will that mean on the time, inc. titles? well, according to meredith absolutely none. koch brothers will not have any influence on the operations including editorial according to the meredith chief operating officer. they say they will not have a seat on the board as well but as we know, the brothers have previously had interests in publications like "the chicago tribune," "l.a. times" and other prominent newspapers around the country. so i guess, as we said, time will tell on this.

lest koch brotherses in terms of their own personal feelings we checked with the center for responsive politics which found in the 2016 election cycle, of 100 contributions the brothers made, 99 went to republicans. one went to democrats. that would by the way be, begging the question, colin peterson of minnesota who was one of founders of the blue dogs in the house. not exactly a flaming liberal out there. neil: yeah. probably not. jeff, thank you very, very much. i don't know if this ever happened to you, if you ever gone to a company where two people are vying for power and two people telling you what is the situation, almost the scene out of that old show, "the office," two bosses calling the shots and leaving those confused who is really calling the shots. all of this at the consumer financial protection bureau. indicating right now that mick mulvaney, the budget director is the interim head but that is not the way english sees it,

appointed interim director in the meantime. mr. mulvaney making it clear disregard any instructions of miss english in capacity as acting director. suffice it to say, she is the not boss, i am. let's get the read from john decker, white house radio correspondent. what mulvaney is saying is a little confusing because the white house is saying we have the right to fill the position where the old guy left and wanted his deputy to take over, says that is perfectly fine. miss english says that's fine. the white house is saying no, that is not fine. who is right? >> this will ultimately be decided by the courts, neil. there is a lawsuit filed by miss english against this appointment by mick mulvaney and there are two conflicting federal laws at stake here. one is the federal vacancies reform act and the other of course is the dodd-frank law. and each of them say different things. and so, miss english claims that

dodd-frank should supersede the other federal law, the federal vacancies reform act. white house and doj saying no, it is the other way around. neil: now, this was an agency in its infancy, congressman mulvaney hated. thought it was a waste of time, overlap, another bureaucrat agency that it would be counter to other financial agencies and duplicative. hence the fears to lists beth and warren who concocted this thing, thought to be head of this thing it will be a mess. >> that is another issue. that is something congress may take up, somehow do away with the cfpb. the issue before them right now, however, and before the courts now that this case has been filed is who is actually the real acting director of the cfpb? the white house can put an end to all of this by nominating an individual. getting that individual confirmed to head up the cfpb.

that takes some time however. in the meantime there is a request by miss english to have the courts step in, issue a temporary restraining order against mr. mulvaney. we expect a decision by the court on that particular issue to come out perhaps as early as today. neil: but jon, if i'm a financial institution and i'm trying to read what i have to comply with, what i have to do to make good on being friendly and not come up with something hazard does to consumers, whatever the impetus was of this agency, i'm risking ticking off somebody? >> that's the need for the court to step in here sooner, rather than later. because of that uncertainty that you just mentioned, neil, they need to get some certainty who is actually heading up the cfpb. as you mentioned at the very start of this segment mr. mulvaney sent out very remarkable email to the employees of the cfpb earlier today which essentially said,

whatever miss english sends out to you today, pretty much disregard it, because i am the new head of your agency. neil: jon, thank you very, very much. >> thank you, neil. neil: right now we have mr. mulvaney in his role as temporary head of the agency, as well as running omb calling the shots. he says he is the boss. therein lies the rub and controversy. what could be a legal battle. meanwhile the president himself is meeting with the senate finance committee right now. this of course is the week they hope to vote on tax reform. yep, this week. how doable is that, after this. building a website in under an hour is easy with gocentral...

...from godaddy! in fact, 68% of people who have built their... ...website using gocentral, did it in under an hour, and you can too. build a better website - in under an hour. with gocentral from godaddy. neil: all right. amazon, yeah, that's another all-time high, yadi yada. you're getting used to this. this is cyber monday. this is the latest excuse to say the stock is soaring again. the latest reason why, right now jeff bezos is the world's richest man on paper worth in

excess $100 billion. barrons.com editor jack otter to comment on what is going own. >> they are good at it. yeah they are. >> all retailers are trying to catch amazon. walmart bought jet.com. everybody is getting more efficient. i think they're making gains. the problem amazon is the search engine if you want to buy something now. neil: it really has. almost the default when you get it. >> right. neil: if you were to just google and item you are interested in buying, lo and behold is amazon. >> difficult to catch up. i would have said a couple years ago, at least brands are strong. people want jif peanut butter or tiffany rings. with online reviews, brands are losing their power. that is another thing favoring amazon. neil: you talk about this idea,

that is sort of cemented in our culture, buying stuff online has become, it is still, very, very small part of overall retail sales, including amazon. one in $10 associated to stuff bought on-line. so a lot of room for growth. >> there is a ton of room for growth. they will obviously continue. we're seeing transformation of malls as they realize they will not have the anchor department stores anymore. there is interesting story in the journal recently they used not to like to have gyms in there, fitness centers, they thought that was too down scale. they invite fitness centers in, someone comes in for workout, maybe they pick up something at store. neil: what do you think this shapes up to be at the outset? we're getting sense from analysts people might be presending their tax cuts, which makes you wonder if something goes wrong, what do you think? >> i haven't heard that one yet. that is really bad idea. folks listening -- neil: don't spend money you don't have. >> exactly.

but, first of all, that we have to point out that, predictions of holiday sales pretty much useless. one year they're on. one year they're wildly off. so don't get too excited one way or the other. neil: they're always up the from the year before. the question is how much? >> almost always. which had a few bad years. neil: the meltdown. >> what i do like though, look at chart of retail sales in store, the numbers have been really ugly in recent years. neil: yeah. >> looks like down maybe 1%. that is kind of the new up. because, online is growing so fast, if you lose 1% in the store, that is actually not bad. neil: you know what is not bad? all the world's markets. there was sort of nirvana moment on friday, i'm not overanalyzing it, we've seen the u.s. lead the world. not as if we're still not leading the world but others are playing catch-up or could.

>> that is something people are missing in the last decade. it was only the u.s. and or u.s. and few other small markets. europe went into recession when we were recovering. japan had recession when we were recovering. finally they're growing again. everyone thinks how great the u.s. markets is doing, we're one of the laggards. europe is doing better. emerging markets are doing better. that is a great tailwind. neil: a lot of them are not nearly as super valued as ours. >> right. neil: in other words you could argue they have a lot of room to run even though people argue that the tax cuts are to change. our markets are still relatively affordable. >> very importantly, the fangs, they may be overvalued but what they stand for is innovation in the. neil: high technology -- facebooks, amazon. >> google. other countries, europe doesn't have that. japan doesn't quite have that but it is still a powerful market. neil: if you're thinking mark competent here is toppy there is nothing wrong with the globals.

>> so much cheaper overseas there it time -- jack bogle, buy american, coca-cola sells a lot of coke overseas. he is saying such a great run for u.s. stocks, maybe it is time to go overseas. neil: he plays index off of that. >> of course. neil: exactly. thank you very, very much, jack otter. new home sales right now were not expected to surge in the latest month. they were expected to decline. few saw them at deck skate high where they're -- decade high. where they're at. nicole petallides at new york stock exchange. >> neil, go figure. we saw americans very interested in homes, so much they bought homes at fastest pace since october of 12th. we saw new home sales for the month of october jump 6.2%. that monthly increase. why is that actually happening? jobs, unemployment, 4.1%. we've had 30-year mortgages under 4%. very attractive. homebuilders this month, this year, have been great performers

overall. but three months in a row where we're seeing these gains. northeast in particular, saw a massive jump, 30%. that was big news there. but it is new construction that can not keep up with the demand. in fact these builders are just seeing excessive demand. it is showing a couple of things. number one that is strength in the u.s. economy. but it also shows that the supply of existing home sales which has had a shortage, have gotten even worse. so people are out there trying to pick up some new homes at a fast pace. back to you. neil: thank you very much, nicole. meantime, al franken heading back to work and pretty soon, talking to all of us. he is about to address the press as he returns to capitol hill. when he does, we are there. the dow up 23 points. more after this. [phone ring]

hello.

hi, it's anne from edward jones. i'm glad i caught you. well i'm just leaving the office so for once i've got plenty of time. what's going on? so those financial regulations being talked about? they could affect your accounts, so let's get together and talk, and make sure everything's clear. thanks. yeah. that would be great. we've grown to over $900 billion in assets under care... by being proactive, not reactive. it's how edward jones makes sense of investing. or a little internet machine? [ phone rings ] it makes you wonder. shouldn't we get our phones and internet from the same company? that's why xfinity mobile comes with your internet. you get up to 5 lines of talk and text at no extra cost. so all you pay for is data. choose by the gig or unlimited. and ask how to get a $200 prepaid card when you buy any new samsung device with xfinity mobile. a new kind of network designed to save you money. click, call or visit today.

neil: senator al franken is about to address the press. he is back up on capitol hill. blake burman is live from the white house with latest on all of that. blake? reporter: neil, yes, al franken, we have yet to hear from him at least on camera since the allegations against him for sexual misconduct first came to light last week. we're set to hear from him now in about ten minutes. senators are returning to washington here on capitol hill.

1:00 we're told we'll hear first time on camera from al franken. he did yesterday give a couple interviews to a local station in minnesota which he repeatedly apologized for what he is accused of doing to a handful of women. franken tried to make the case, quote, that he is champion of women. he did not give the impression he is going to resign give up any of his washington responsibilities any point soon. we'll hear from franken within the next 10 to 15 minutes we're led to believe. democrats have another issue they're dealing with in this area. that is of course john conyers, who is accused of settling a harrassment claim within the last couple years as well. but the issue here deals with what nancy pelosi had said over the weekend. yesterday in an interview with chuck todd on "meet the press," pelosi called conyers an icon. saying he was afforded due process. she had to do a bit of cleanup and took to twitter afterwards, said no matter how great an

individual's legacy it is not a license for harrassment. here at white house we heard last week from president trump, he would tell us this week, whether or not he will end up campaigning for roy moore. the white house updating us by saying at this point there are no plans for the president to campaign for roy moore. not necessarily shutting the door but not saying yes either. neil? >> blake, thank you very, very, very much. sarah westwood what we can expect to hear out of al franken this comes at a time, talk about a fair and balanced personal crises going on for both parties. al franken, in fact he wants to stay in the senate. conyers stepping down from his post on judiciary. there is a lot going on to put it mildly. the arrival, against republicans, best hopes, oddly enough of roy moore possibly winning that alabama senate election. where is all this going?

>> well, neil, it has become a circular firing squad. neil: it really has. >> the toughest on sexual misconduct but we're really not seeing many elected officials push for concrete changes. it's a cynical view but a lot of members believe that al franken and john conyers will not be the last members accused of this kind of sexual misconduct. if the precedent is set that they have to step down from their seats, then we could see a few more resignations in the coming months as these kind of allegations come to light. so whatever happens to senator al franken will be very instructive. it will set the bar for what is expected of members accused of this kind of behavior, now that more and more women are coming forward. there is pressure to reveal the names of the members who have paid settlements to cover up sexual harrassment allegations. if al franken is allowed to keep his seat and doesn't face pressure from democratic leadership to resign, that is what you can expect to future

cases to take shape. if he is forced out of his own seat, republicans will be hard-pressed to stand by their own if they have a republican senator. neil: we have congressman that sent pictures of himself to a former flame. i wonder if your sense congress going slow for this punishment on this stuff because of for the grace of god there go i. >> why you haven't heard many members by either party for al franken to resign, there is unspoken acknowledgement a republican member could be next. kind of allegations could come up from decades ago for members that could upend their career. it is interesting that you don't see that many republicans or democrats calling for senator franken to resign. not even in the case of john conyers. keep in mind that the allegations against roy moore and al franken, they're all very

different in nature. neil: very different. >> the water is muddied by the fact this is bubbling up at same time. it is giving each side ammunition to say the other guy is going soft on their own. neil: the other thing, sarah, what are the statute of limitations. whether you agree or disagree about timing of charges that came regarding moore, that if he were to win this race, it is possible he could, because the polls there are tight again. could congress or senate, more to the point, get him out of there, if these are allegations that date back four decades? is that a slippery slope for them to deal with? >> i think that is situation that republican leaders hoped they won't have to face. but certainly they will face that. neil: they would hope for democrat over embarassment to come their way, with this guy winning as republican? >> that was certainly sentiment in the immediate aftermath of allegations against roy moore.

that there are democratic allegations taking some not all pressure off roy moore situation. there are calls for him to be unsighted if he does win that election. but republican cost argue that voters had their opportunity to weigh the allegations against him. they voted for him anyway. while minnesota voters did not get the opportunity to weigh allegations against senator franken before they voted. neil: you never know, contrition is in the eye of the beholder, to be fair to senator franken he is contrite and come forward. addressed women involved, apologized to them. clearly first woman. and then hopes to put this away or behind him now, and move on. can he do that? >> well, his legacy will forever be tainted by this. neil: right. >> al franken will never be able to completely escape the controversy. it all depend whether more women come out. or if this is the extent of the controversy. there is plenty of time to call between now and next re-election to fade night the background and

become a footnote and doesn't develop any further. of course in all scandals there is another shoe to drop. i think senator franken will face increased pressure to encounter some kind of punishment. neil: thank you very, very much, sara westwood. "washington examiner," white house correspondent. you're looking outside of al franken capitol hill offices. he is expected to address the allegations and hopefully put them to rest and move on as united states senator. he says he is not leaving. he has support of many people who agree he should not leave. we'll have more after this.

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neil: seconds away from now, al franken, connell mcshane, what can we here? tranter we heard a lot of what we were going to hear in the public radio interview over the weekend and it's one thing after another. i've noticed in almost all of the apologies is something to the effect of i am sorry if somebody took what i did in a certain way. probably some more of that. the ethics investigation such as it is for already her may come up in the future that buys you time. and you hope this is such a purely political observation. and you're allowed to continue. neil: there is comfort in

numbers. i don't mean to be crass. if they are being investigated for remarks, it allows you to say, well i'm not the only one. >> what i did is not as bad. neil: i don't think you will, to be fair, but it does allow democrats to say our guys are owning up for them, conyers case he is stepping down from his judiciary post always sorts this out. frank in dealing with the embarrassment. connell: there is almost levels in any wrongdoing crime, if you are talking about assault, for example, versus some sort of harassment, should those things be dealt with differently in terms of the consequences come certainly in the eyes of the law they will be dealt with differently. are they doubt with differently in your job? i don't know. obviously we've seen it in our industry and others this sexual harassment is more than enough as it should be to get you fired

from your job. he said he will hang in. again, you hope to kind of by yourself as much time as possible in an ethics investigation by his dad. we see this again in the media and other industries once people start coming out en masse to some extent has happened to senator franken at the comments from last week. another women who have been harassed, they may feel more involved to come out. will we see more about in the coming weeks if we do it obviously changes. neil: also taught there might be a push to tighten the law in corporate america. and you're penalizing yourself. a lot of you have come forward. but these acknowledgments. connell: i think that a lot of

regular people reading about this were surprised to see taxpayer money for example being used or revoked to be used so they have to talk about how they will change that. there's legal issues there and pitfalls that can come up to say somebody on your staff if your congressman or woman primary then held liable for that. kind of uncharted territory because it's been allowed to be unchartered for so long. neil: i'm intrigued by the comments. we had no idea appeared a lot of stuff with the parent company here. who am i to judge. it is going to change the political behavior. it is such an issue that i don't know if it goes away in the press statement on the part of one u.s. senator. connell: no, but it has opened peoples eyes to something that we should have been thinking about for a long time. but the work place that we were

in a year or two a year ago. neil: the pendulum swings the other way where it's opening a thin, bright wrong, fair. >> it's interesting to watch. a little bit off the subject but i saw the football coach at rutgers and then ohio made one of them higher for a new job. november protest that he knew about the jerry sandusky years ago when he was a young assistant coach in his mid-20s. he denied that he knew anything about that. we don't know, but there is also a good possibility he had no idea but like you said you'd go to work everyday and just think the best of people and next thing you know something happening for someone that's fairly close to you that it's beyond anything you would've ever imagined. neil: he's fairly low enough on the totem pole. connell: he may have not been known, but now he doesn't get

the job. he added an agreement to get the job he was head coach in the next thing you notice a protest by students and is out. trying to hang on my friend didn't want to bring in out of schapiro falling substantially draw mom on capitol hill concerning right now the tax cuts because they are trying to work on that. how is it going, adam? >> echidna blake burman with the potential deal between the senate finance and ron johnson, members of the sign-up and its committee are having lunch right now. let's show you does not room lunch. orrin hatch, pat to me, rob portman and john portman. the key is ron johnson. ron johnson was the no vote. he said he would vote no against the bill as it is right now. he wanted to increase the connection -- reduction for pass-through income and it looks like he's going to get what he

wants. he also had rand paul who wrote an article that appeared on fox news saying he would indeed vote for the bill in its form. so these are two hurdles it looks like johnson -- rand paul is two big hurdles, by two other republicans who might have been concerned about some of the deficit issues. here is that james langford who is one of those deficit hawk said earlier today about getting the bill through. >> i can imagine we are not going to support us as a whole in the senate. i will work on specific parts of it, what i call a dead backstop to make sure that's in place in other aspects of it. this will get done. we've got to get this done for the nation. reporter: two things you should now come in the deal they are working out with ron johnson might be a would've paid for the deal by repealing the deductions for businesses, state and local tax reduction or businesses keep, income, personal people we others the deductions. businesses keep them, and that

they were since i make them pay for what ron johnson wants. neil: the allowances you make for one of those who lose or risk losing with another and they get ticked off. is that white house thinking and the republicans and leaders of utah through their thinking that the purpose is going to get through? >> it is going to get throw when you speak to raise on the hill and i've had conversations on the house and senate. republicans know how important it is to the base and constituents to pass this legislation. they are pushing hard and there's actually momentum to try and get the senate bill in a form that the house wouldn't have to go to conference committee. they might adopt the senate bill as is and we would be off to the future possibly next week or the week after. trade do i want to hold off on market stuff if i can. this notion that all these distractions with the franken and what have you, congressman

burton, if any of that going to impact? >> i don't think so. more so the personal relationships that certain senators really important. in important ways to still question to the end. it's almost like a guilty very thing. not over until it's over until mccain and corcoran flickr on board with all of this commissar to say you are comfortable saying it's definitely going to pass. adam makes a good point. anybody close to the senators or members of congress will tell you we have to pass this. we know how important it is. we didn't get health care done. we have to pass this. from the point of johnson or rand paul, and langford, which i do mention, i understand those other three until it's across the finish line you still have to watch mccain inc. still have the watch flake partly because of the deficit and other procedural concerns that senator mccain has brought up, but also the personal relationship to senators have or don't have

anything that's important until it passes. neil: to the appointing medevac about earlier they're trying to cobble together a subset of info. senator corker spent the entire thanksgiving break on the phone with his senate colleagues in the administration working on responsible path forward where they are hopeful the final bill will be good for our country. so, there is enormous pressure on him to do that. but of course he said matt ramones relationship with the president, senator flake. where do you see all of that sortie now? >> in my discussions with people on the hill coming you can expect corcoran flake to fall in line. he essentially feels about the president will not impact how we vote, but remember, senator corker did vote for the budget was lucian which allows for 125 trillion additional national over 10 years. senator corker is okay with certain amounts.

neil: he also said don't go much beyond that. he was concerned, and paraphrasing the race going beyond that. maybe that has changed. >> what he's worried about is if you start giving, for instance, senator johnson what he wants for pass-through, how do you pay for it? the way you pay for it if you take out the deductions businesses still have. they can deduct their state and local taxes if you take a portion away from businesses come you can pay for the increase in the deduction for the pass-through. 95% of business used to pass through income tax rate. >> and you can both remain there, and jonathan hoenig and john layfield are joining us. i want to sort of near what we are watching now to hear from al franken, but in the middle of this waiting to see whether this gets in the way, doesn't get in the way coming to devote done by the end of the week, this weekend. what do you think?

>> is certainly could derail those tax cuts or not is what worries me as an investor. a great year for stocks and record-setting black friday now cybermonday. so much of the great rally this year has been powered by the expectation of terrific tax cuts and we are running out of time towards the end of the year. a lot of investors are watching amazon right now, cybermonday sales but also capitol hill. >> these charges back-and-forth and who embarrasses him, you know,, with sanders enough to go around on both sides and you just have to interpret user more embarrassing. a lot of it going around. how is that likely to affect going into next year, obviously markets following those closely as well. >> it's got to affect it. the tax cuts and the looming government shutdown which i don't think it's going to happen. we've had a funding gap since 1976, some of those resulted in

government shutdowns. the result of democrats fighting. neil: you are genius that we should explain it would start running other ways to pay with bills or money as early as the first, second week of december. he got to cobble together something to keep the lights on. >> correct. the midterm election is something the fact that every time in the past, the government shutdown 67065 republicans fighting democrats in trying to figure out who is the better position. all ideological battles. this is unprecedented. one party controls both parties and they can't get any bills passed and i think this has to hurt republicans. they promised repeal and replace, tax cuts by january 4th by the august recess. they haven't delivered on anything. necessary to their survival they have to deliver something. neil: jonathan hoenig, markets

could be extremely disappointed, not that these tax cuts are perfect, far from it, but the only game in town, so played out for me. >> there's two sides of the coin. one says the markets haven't been perplexed and missed by terrible terrorist acts this year, maybe the tax cuts are such a big deal, but i believe a slightly worsening macroeconomic picture. credit card delinquencies are nearing a postcrisis high although the markets cannot come them solar credit card balances. people are getting a little more comfortable with the euphoria. the president has talked about that whether he is credited or not is another story. what worries me is not getting the expected tax cut regulatory reform are a worsening financial situation for everyday americans that could be troublesome in 2018. >> imagine if we get the tax cut, we get to rub his personal ethical crises in both parties

and the market still go down. >> it could. at some point -- neil: they get what they want and sell on it. connell: at some point, that's one of the most perplexing things. they know far more about this than we would. neil: that's debatable. i love them both. they are geniuses both. connell: especially layton. we haven't had any kind of a real correction. we haven't pulled back. so you are right. by the way, if that happens and if we sell off a little comment at the end of the world. neil: it is not you do you get a sense that a company than take advantage of this lower rate to take money from abroad or whatever they are getting on the much lower tax cut back into buying stock or increasing

dividend, which they are free to do, is that going to be deemed a disappointment, where democrats can seize on it and say this is what we warned you about? >> yes, unfortunately the problem with taking credit is in the market is down you have to wear that blame as well. too, was point, he is right. if we get the tax cuts in the market sells off, my good deficits are important but also important working together people have more of their money today and future generations. it's good for every single american now is the time for republicans to finally make that happen. neil: we're a long way away from seeing them do just that.

capitol hill, he is back at work to remain at work with no intention of resigning. as soon as he comes before the press, will break in the middle of a commercial, which i hate to do because advertisers call us up and i just give them to kabul. it just solves the problem. a little more after this. nah. not gonna happen.

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>> yes, [inaudible] >> there are different allegations. leeann tweeted. we were on the uso to work together in the case after her soul. we were rehearsing for a sketch. i said i recall that differently , but i feel that you have to respect, you know, women's experience. and so i apologize to her and i meant it and i was very grateful that she accepted it. as far as coming in now, i take

a lot of pictures -- thousands of pictures, tens of thousands of pictures. those are instances that i don't remember. it has, from the stories it has been clear that there are some women and one is too many, who feel that i have done something disrespectful that occurs them and for that i am tremendously sorry. i know that i am going to have to be much more conscious win and the circumstances, much more careful, much more sensitive that this will not happen again

going forward. it will take a long time to regain people's trust starting work today that i can start to do it. >> you made it clear you're not going to resign your senate seat. i've been in conversation lately. what is there for someone like you to have two resign, to demand resignation. >> i am not going to get into that or speculate on that. i am certainly not going to talk to anybody else. this is what i've been trying to do. i've been trying to take responsibility by apologizing and by apologizing to the people i've let down and i am going to work to regain their trust. i am going to be accountable. we are going to cooperate

completely with the ethics investigation. [inaudible] >> i will be open to that. that is going to be of course i've not worked with the ethics committee before and i don't quite know how that works yet i'm certainly open to that. i am also -- i am going to try to learn from my mistakes. in doing so, i have been doing a lot of reflecting and i want to be someone who adds thing to this conversation and i hope i can do that. [inaudible conversations] >> mj, okay.

>> more women coming out with allegations, does that mean that is something of an answer, what is the reason -- [inaudible] >> sure. if you have coming in now, asked me two weeks ago, would anyone in come forward with an allegation like this, i would assume no. and so, i cannot speculate. this has been a shock and it has been humbling. i am embarrassed. i feel ashamed. what i am going to do is i am going to start my job. i am going to go back to work as far as i can for the people of minnesota and start that right

now. thank you, all. [inaudible conversations] neil: i've learned from my mistakes and i plan on doing a lot of reflecting and among those things is not leaving the united states senate. senate judiciary committee chairman, iowa's chuck grassley with us right now. very good to have you. can you hear me, senator? >> yes, you can hear you. neil: very good. i apologize for that. >> obviously you couldn't hear a thing at the same time, but essentially offering can apologizing, saying he learned on this and let's move on from this, but is not moving on from the senate for this. >> well, i think there is a process in place. it is called the ethics committee. if they make a recommendation, chuck grassley will be one of the jurors that will look at the evidence. i think you have to back up a step because i have been involved in the thing about whether congress should live by

its laws because in 1995 i got the congressional accountability act passed, which covers congress by those dozen pieces of legislation between 1938 in 1995 we've accepted ourselves. you can't have one set of laws whether it deals with sexual harassment at work by safety for civil rights, one set of laws for america or capitol hill and the rest of america. we've got to all live under the same laws. we've got to review our sexual harassment process that people go through because it seems to work against the victim. and so i am writing a piece of legislation or at this point i'm working on a piece of legislation to address the issue. sr is senator franken is concerned he will cooperate and let the process work its way out. we can't tolerate sexual harassment. tragedy gmail are we aware there

is a payment system in place to settle these types of suits that would come up? >> well, the extent to which it is connected to the congressional accountability act, i'm not sure every aspect of it is, i'm aware of that because i'm responsible for that legislation. but there is too much secrecy in the process and to answer your question, i was not aware of day. i've been a person that's been talking about transparency breeds accountability to government and in fact, even in the privacy or, transparency breeds accountability and we need more accountability especially in government. neil: if you look at this on the democratic side and republicans lied and now, congressman conyers and a long history, the longest history, longest in the house, where he feels compelled and may be under pressure from leadership to step down from his

house judiciary post, that something is wrong there, something is wrong where you are right now. >> eye in the wrong one to ask because i can visualize what i've heard some of these men doing in front of women that were probably just under their power and what they did is outrageous. it is despicable. i don't know how many adjectives you have to use. it's not something i feel comfortable talking about. you're probably asking the wrong person except i just know it's plain wrong. neil: what happens if roy moore is the lack did in alabama and these are transgressions and problems and charges that date back 40 years? would you agree with an effort on the part of your colleagues to expel them? >> there again i've got to give you the same answer i just gave you when you ask about senator

franken will have people under both in accusers underwrote and it takes two thirds vote to exclude him and i'm a juror looking up that information. i have every reason to believe the women, but still it is kind of he said she said and so when people are underwrote, you might get a different point of view of god. and i think you have to let the process work out. but it may be that isn't even going to be an issue in the people of alabama get guns eking. neil: senator, there is a sort of confusion here as to what this were a more senate seat could mean a firmware wednesday. the president has indicated even though he supports were more, he is not going to campaign for him.

how do you feel about that? >> well, the president has to speak for himself. i've said in the past fiat to withdraw and i can say this for sure. when i was asked to endorse him, i didn't endorse him, so i didn't have to withdraw my endorsement like a good number of my colleagues had to. neil: gap, there is that. do you get a sense that all this drama, both sides, i'll franken are the charges against way more, all of these are different and conyers of course, separate stories still that it is a distraction in the ways you want to see that gets in the way of god? >> absolutely not. it might depending on who gets elected after december 12th after december 12 the return of the tax bill dynamite has something to do with that particular point.

right now, i think the president's agenda, particularly from the majority of republicans in the senate, we have a republican majority in the senate and the house, we have to deliver. we fail to so much on obamacare. we can't pay it again on a major issue. neil: how is that no shaping up right now? >> i think i heard very good news today. number one, i heard senator rand paul is a gas. i heard that corker were during the break with white house and other leaders because he wants to be, yes. i haven't heard from ron johnson yet at this point, but i also heard a report over the news about murkowski did she is leaning yes and that is about all i can tell you, but that is for a six that were in doubt you can only lose two of those six.

neil: we are hearing separately by senator jane, the new senator from montana, feel free to correct me is a no vote right now, but his questioning seems to be around the treatment of businesses. very similar to senator johnson's concerns. are you surprised just as you put out a potential no from some of those names you just mentioned, that you've got others to consider? >> well, the answer to that could be asked, but i think we concentrate on those six and i think there has to be a real after to satisfy senator johnson and if that would satisfy senator gains if they are speaking with the same language, obviously that takes care of itself if you satisfy johnson and i don't see how you would lose somebody that is as sincere about his issue is johnson is. neil: row quickly, senator corcoran flake have had an

acrimonious relationship, putting it mildly with the president. did you ever envision knowing as well as you do that they would vote against this based on not? >> now, they will vote on the issue. they are very principled people. they will vote on the issue. neil: you don't think they reduce the deficit or the fact that it's worse than the deficit is a smokescreen? >> let me ask you this. would they vote against it just because they've had problems with trump? i was answering that question and they will base their vote on principle. now, how it affects the deficit is one of those principles. neil: fair enough. thank you for taking the time. we appreciate it. >> glad to be with you. connell mcshane with me. charlie gasparino with me. it is interesting because it is not a slam dunk vote, but they

are getting closer. but like waccamaw. you get something and then along comes senator james. charlie: the point about lori morris pretty interesting. if they don't do this soon and he loses that pete, that's a little bit of a problem. neil: which is why they are moving as fast as they are. neil: is like a soap opera this back and forth. they have the conversation a week ago that would've leaned more to the side that did my good and maybe this week at 64 the other way. i certainly don't think you're getting 80219010 on this. you still have a small margin on this. although it's probably likely to the senator point that danes and johnson are speaking if you get one back -- neil: both on the fair treatment >> small versus large. you probably get one back come you get them both back. it brings up the larger point

once you start playing around with this you risk losing someone else. we go back to the point that there is a personal issue. senator grassley and others say the senator say the senators won a vote that way, but still corcoran more. neil: to producer brent short says senator james is a no on the bill but optimistic about making changes. is there a frustration that the president is it pushing trying to get these guys for this right now enough? >> is kind of interesting when i see happening politically as supporters of the president are now coming out. randy levine, the new york yankees to a friend of donald trump, know very well as a friend of mine came out with an op-ed saying mr. president, this bill is horrible. here's the reasons including getting rid of the state and local tax deduction, but none of

tax cuts for small businesses to another tax cuts for the corporations in congress is screwing you over. congress is doing you wrong here. you see that playing out increasingly politically that because he was so hands off, and they say you've got to get in now and fight for a few things. neil: i wonder whether it's too late. >> the president has been able to do that on big issues to kind of sit back and say the better pass this but if you don't it's your fault and mitch mcconnell charlie: it -- neil: in other words if this were to fall apart you could use this guide, there's a reason for the president to say. >> i don't think trump's base cares the tax code if you think about the base. neil: he's not going to blame himself. transfer of course not. he will just blame congress. neil: probably blame you. transfer do whatever you want with me. i don't care.

his base doesn't care about the tax bill. neil: a lot of them do. they want tax cuts. i agree with you. charlie: they don't mind taking it to the rich tax increases. connell: quick point on that, john maclachlan who runs polls for republicans ended for the president during the campaign i talked to him last week that he was pushing one of his polls and when asked the question do support president trump plan to cut taxes, it was 56-35 est support it, but when you look at quinnipiac on the overall gop plan, the one we talk about, that horrible numbers are 25% approve. when you ask them in the base or otherwise if they want to cut taxes they say yeah, but do approve of the planet doesn't poll as well. transfer polls better with his base because it's so identified with him. anything he does is like the holy grail. so it doesn't matter how bad it is.

this is kind of on the personal side is pathetically crazy. steve forbes will tell you this. neil: that's a strong term, pathetically crazy. transfer what is scaring the cheap call it? egomaniacal? but that's what i'm saying. this is not tax reform in any real way on the personal side. it basically doesn't cut taxes. it's a business tax cut. neil: your scenic views are not getting it. charlie: and getting it good i'm definitely getting it. neil: how would you like to walk into the room with two bosses calling out the order saying you better follow what they are saying. these are the two bosses as the consumer financial protection board. the thing is, if you are a bank or an institution, pay loan

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risks, charges, and expenses. read the prospectus carefully at alpsfunds.com/amlp neil: all right, chuck schumer, liz wagner meeting now with the woman who said she is running the cfpb commends consumer financial protection board right now. two judicial analyst at ginger napolitano. mick mulvaney comes in there today with defense has i'm in charge. she insists she is in charge. who is in charge? >> a federal statute 1998 says vanessa vacancy of the officer or director of any agency, food and drug administration, this theme, cfpb, but the statute

that creates this cfpb in 2010 says that there is a vacant seat, the deputy director shall consume the vacancy. because of the judicial branch to decide which statutes overseas. when they have this company usually rule in favor of newer statute. same when congress broke the law in 2010, saying the deputy or succeeds, he was aware of the law in 1998 and chose to sleep over it. that's one way to look at this. the other way to look at this as this is an administrative agency with extraordinary power. they can extract hundreds of millions from banks, but are not enforcing rules that it rights. it writes the rules, it judges who disobeys the rules. neil: even if those rules are at out the security exchange commission in all these others.

>> when you have an entity that powerful, you ought to have an appointee by someone who is answerable the president of the united states. the literal law on one side in the public policy of the country on the other side, some judge is going to make the call. neil: what would've been a big deal when richard cordray laughed when he was in charge, but the next one up, presumably the standard. so we've seen a history of god and the white house because they are in ready and they don't make a big stink because it could happen early next year anyway, you say. >> well, the trump administration has known for a month of richard porter was going to leave. mick mulvaney very popular in the congress nominated and confirmed for right now or they could have appointed him as deputy dirt so following the 2010 statute he would automatically become the direct

her. needed sleep on this until he left. in fairness he left a week earlier than he originally said he was going to leave. i'm convinced this whole thing was planned and plotted. >> below agency is weird because it has a can do pretty much anything you want and i'm wondering how duplicate if it is linked 15 agencies the difference being its budget is untouchable by congress. >> within the congress doesn't like what the epa is doing to the environment or with the fda is doing to prescription drugs. they can cut their budgets until they do if congress wants. can the congress cut the budget of the entity that regulates banks? no. the money comes from the federal reserve. this is the most unique entity in the government. the congress can cut the judicial budget by simple majority vote. neil: real quickly. i had chuck grassley here on the

al franken stassen says he was unaware of the payment system setup were legal issues to be set aside, payments would be made. he is inside as you can get and he didn't know about this in a system in place to protect those in trouble in congress from having to pay dearly for that. >> there is a clause in the constitution. no payment shall be made from the treasury except that which is publicly recorded in a journal. congress does not follow that and i don't blame chuck grassley. i'm going to guess most of his colleagues were unaware of it. neil: those who wrote the payment settled the suits or whatever you want to call them were where? you make somebody send check or authorize a check and took a note in didn't do it. neil: have a good deal deal of this deed? >> probably look the other way because it happens so much. neil: judge, very good in you.

america now is still spreading along here. op to miss the senate are popping up saying he is a no vote on this. not a senator people expected getting to be like whack a mole. just when they think they secured all the folks they need a lot of these others come up and say i'm not liking it. it is a mess, but maybe they will have it cleaned up at the end of the week. we will see. does psoriasis ever get in the way of a touching moment? if you have moderate to severe psoriasis, you can embrace the chance of completely clear skin with taltz. taltz is proven to give you a chance at completely clear skin. with taltz, up to 90% of patients had a significant improvement of their psoriasis plaques. in fact, 4 out of 10 even achieved completely clear skin. do not use if you are allergic to taltz. before starting you should be checked for tuberculosis. taltz may increase your risk of infections

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neil: amazon is getting higher and higher. all-time high today, just pesos worth well over $800 billion given its large stake in the company. spending not over the likes of bill gates and mark zuckerberg the technology titan together with the value of most companies. meanwhile, millions of shoppers are all going across the web right now for deals, but hackers are watching your every move, so be careful. hillary von with all the details. >> the cybercrime intelligence team went undercover in the dark web to identify cybercriminal behavior and they discovered new tactics hackers are using targeting under cowher is how much they are willing to pay for their information.

the most lucrative and viable info they get their hands on is any information tied to a financial institution. they will pay up to $15 per account. researchers found that hackers were after more than just your credit card information. >> industry like health care, are being targeted more, the premium for those credentials, login information pretty high. >> ten dollars for access to someone's dating profile in the information connect it to a because they can harvest personal information from your profile and what they call a synthetic identity and they use that identity to open accounts with access to more of your information. boil two points of hotels and airlines to pay over $10 per person's information and then

used those points to purchase gift cards that they can then cash out from there. they also discover ways criminals are adapting to increase security measures instituted by banks like the credit card chips a lot of us have in our credit cards. they use a chip reader in the store. hackers will use credit card information to buy something online and take advantage of in-store pickup in order to gather. the dark web economy is now operating in plain sight. researchers discovered 500 social media forms actively used by hackers to try and sell the stolen data. neil: you would think for a lot of people on the cybermonday are doing this at work. given the safeguards and a lot of those built into the systems are oddly enough safer than doing this at home. what do you think of that? >> when i spoke to this team,

they and they said you are only as secure as your weakest link. if you're doing shopping while i work, if you're using your cell phone, are asked to conduct any transactions coming are testing the security of the app and your device in the internet security as well. as matches your phone hunt these measures in place to protect here. >> go ahead and use your work and save what happens next year thank you very much. 3:00 p.m. briefing coming up next hour with sarah sanders. i wonder shall address the controversial famous pie picture. can you believe this? all the stuff that happens at the end of society would have to argue about this little stuff. amazing. a little more after this.

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often reveals a better path forward. at wells fargo, it's our expertise in finding this kind of insight that has lead us to become one of the largest investment and wealth management firms in the country. discover how we can help find your unlock. neil: we're about an hour away from a white house press briefing. president has also indicated it is going to be full throttle getting votes and controversies and drama that on capitol hill. al franken said he will stay in the united states senate. a man who could weigh in on that, senate judiciary chairman chuck grassily was with us earlier in the broadcast, avoiding any judgments one way or the other on the senator. he will make sure whatever

loopholes allowed senators, representatives that go ahead to pay off those that filed charges against them that will end. he is the guy that runs the senate judiciary committee. trish regan. busy hour. trish: busy indeed. did you have a good thanksgiving? , i did. trish: president trump out in full force, reminding lawmakers they must get this done. dow, s&p, nasdaq hit intraday highs. on busiest on line shopping day of the year. i'm trish regan. welcome to the intelligence report. the pressure is on. the president is in deal mode, selling the importance of tax reform with the senate finance committee in a lunch moments ago. preparing for more meetings with republican senators. will a typical holdout once again prevent the president from accomplishing a important piece of policy. art laff