god bless and god bless this president for having the patience to put up with these fools. byron york. thananananan >> it's going to be a tremendous tax cut, the biggest in the history of our country. >> president trying to set to meet with gop senators. train to the s&p 500 closing just shy of a record high yesterday led by retailers. futures pointing to a slightly higher opening. lauren: stocks open lately higher by oil giant royal shell. train through the nikkei in japan down .04% pure kospi in south korea for quarter%. i will buy stake in the company put out a hefty 30% discount.

"fbn:am" starts right now. cheryl: 501 am in new york days number 28 and cheryl casone. lauren: november is flying by. cheryl: almost over actually. lauren: always the tax bill in the deadline could president trump to meet with senators on tax reform this afternoon ahead of a possible senate floor vote later this week in office the day after the president met with key members of the senate finance committee. >> you will be the biggest tax reduction in the history of our country parents and i think it's doing very well. lauren: thank you, after rand paul said he would support the

bill. cheryl: of corker been working with the white house to find a solution. >> i met with mnuchin today. i meant i don't know how many times with jerry cohn throughout the administration and with their finance committee seeking a solution so that there is a trigger or a backstop, whatever you want to call it in the event we don't achieve the revenues project did. train to steep gains among 10 opposes the bill and the current form. assaults on johnson city favor small business. item should appear in washington with more. >> good morning. all attention on the senate committee later this afternoon. they are going to begin the process of uniting two bills of

the tax reform and reconciliation bill with an energy bill which will allow the arctic reserve. that's a necessary to the senate. key members working behind the scenes to get the yes votes when this comes to the floor of the senate. the holdout has been ron johnson. he wants an increase in the% deduction for past their businesses, the income they can deduct. here is that orin hatch had to say about where all this is heading. >> will get together and solve these problems and i think we will deal to get together. that is why you have two houses and they never fail to be able to get together, even in very contentious issues because we are willing to work together and

solve these problems. >> went senate passed the bill comments expected to be tight, the leadership on the hill is confident they do have at least 50 votes and will be yes and of course the vice president could cast the tiebreaker. the wheeling and dealing continues right now they are heading towards the vote possibly at the end of this week. back to you. lauren: senate confirmation for chairman sharon powell scheduled to begin this morning in prepared testimony if he is confirmed he expects the central bank to continue raising interest rates gradually. he also says they would consider appropriate ways to ease regulatory burdens on banks. powell expected to sail through the confirmation hearing of two recent nomination votes for nearly all democrats and about half of republicans. cheryl: white house budget director mick mulvaney taking charge of the nations top consumer watchdog at least for

now. lauren: the drama continues. blake burman with the story. reporter: the white house department of justice believes mick mulvaney has the right to be the cfpb director however it they believe leander english. now there is a lawsuit to sort it all out. regardless, mulvaney showed up for his first nhl eventually after fired off this e-mail warning to employees. please disregard in the instructions you received from his english and her% capacity as acting. if you receive communications in her reform related to the function of our actual or perceived duties i.e. not personal, please inform the general counsel immediately. in the interim, mulvaney has made it clear he wants to reform the agency. >> learned about the powers i have as acting director would frighten most of you. there probably were you to think

about how little oversight congress has over me now assigned to direct her. how little oversight committees have over how cfpb functions. [inaudible conversations] 1998 -- democrats say the more recent 2010 dodd-frank act which laid out the cfpb plan supersedes that. mullaney said he did not cross paths with english monday. she spent part of her day on capitol hill meeting senator elizabeth warren and chuck schumer. >> mr. mulvaney is only the latest in long line of trojan horse candidate selected by the white house to undermine federal agencies from within. >> this is just an interim appointment. president trump estee neiman nominee to be confirmed by the senate meaning and it's likely that neither mulvaney or english end up being the cfpb director long-term.

talk to you in new york. >> we were talking about markets getting lifted due to retailers. cybermonday did not disappoint this year. sales records may have been sent. lauren: tracee carrasco joins us without he had >> i sure did contribute to this record numbers. cybermonday expected to break records as the data is the largest online sales stay in his rate generating six by $6 billion up nearly 17% from last year. until some smartphones hit an all-time high of 22% from last year to $126 billion. according to numbers from adobe analytics late last night. adobe predicts us of the first-ever holiday season to break $100 billion in online sales. the top sellers on cybermonday include the nintendo switch, p.j. masks and pasha malls and collectible figurines, apple air pots comes streaming devices like google comcast and raku and

super mario odyssey. cheryl: i didn't buy any of those items. transfer but they are good ideas going forward. lauren: the japanese investors bidding for cooper, but sharply reducing the value. tracee: softbank has made an offer at about a 30% discount. the last violation of $60 billion according to "the wall street journal" leading a group of firms that plan to buy at least 14% by purchasing billions of dollars from employees and investors at a valuation of $48 billion also investing of a civilian in the company. softbank will officially make its software and sellers will have 20 business days to agree to terms. cheryl: interesting development in the uber saga. a new disturbing report concerning bankers at wells

fargo. tracee: this is another scandal that seems to keep going. wells fargo bankers charged hundreds of clients hire foreign transactions in order to get their bonuses according to a journal report this comes over a year since wells fargo page $185 million fine for widespread illegal sales practices involving fees on 2 million deposit and credit card account opened without customers knowledge. an internal wells fargo breached showed only 35 business claims out of 300 were charged in actual price they had been quoted by wells fargo bankers for their current traits to employees told to "the wall street journal." cheryl: allowed to watch today. thank you, tracee. a lot more we are watching right now. lauren: the volcano in indonesia in bali for a second day now. look at that. tens of thousands of tourists

back at the airport as they watch this volcanic ash which poses a dangerous threat to airplanes. officials are telling about 100,000 people who live on the island to leave their homes if they are near the volcano. cheryl: we've got a lot more coming up. said house minority leader nancy pelosi goes too far in defending congressman john conyers? will reforms become a reality for sexual harassment policies? we will dive into that. our political panel next. we'll tell you about one democratic congressman is set to announce his retirement today, but he has not done. politics. you are watching "fbn:am." ♪ alerts -- wouldn't you like one from the market

when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today.

welcome back. cyberis a congressman gutierrez will announce his retirement today but is not done with politics. a source close to gutierrez says he's considering running for governor of puerto rico pay chicago democrat has been one of the more high profile latino

forcefully for registered sources close say entities that white house staffers are near an end. that fixed my staffers need to be questioned robert mueller's proud. lawyers for president trump in expecting a request for the president himself to be interviewed. senator al franken apologizing for misconduct allegations against him but then he does not plan to resign. addressing capitol hill for the first time since the charges surfaced that he is embarrassed by it doesn't recall specific groping allegations brought by four different women. that's what's happening now. lauren: he's not the only one in this mass. house minority leader nancy pelosi facing criticism for both sides avail for her defense of democratic congressmen john conyers admitted misconduct allegations. >> we are strengthened by due process. just because someone is accused,

one accusation, to come a john conyers an icon in our country. >> he got to hide a settlement from his accusers have to go through craziness. why is he entitled to due process? >> we are talking about what we had heard. i've asked the ethics committee to review that. i don't know who they are. do you? they have not come forward. >> you don't know if you believe the accusations? democrats for the ethics committee to review. lauren: did nancy pelosi goes too far here? lauren: ladies, good morning. chinook, nancy pelosi and calling congressman conyers and icon then you say that she just put them in the same category as

other icons including harvey weinstein. what's going on here? >> this is exactly what's going on. it is not an excuse for misconduct. i think we would all hope that nancy pelosi, speaker ryan from the republican leadership in democratic leadership would get in the room and take their partisan hats off. this is a watershed moment in to watch nancy pelosi in that interview really continued the old-school way of thinking when it comes to this issue was very disappointing and my point with that tweet what she had just put her own icon status in jeopardy because she wasn't there for the victims. we look to her as the first female speaker of the house to be better on this issue really let me down. she let not just democrats down, but winning down, her country

down. is there a surprising and i think it's a sign that we do need new leadership. lauren: kerry, d.c. nancy pelosi as giving congressman conyers the past year? is she playing politics and trying to appeal to the base? will base? what was she doing with her comments on sunday? >> absolutely. nancy pelosi is the epitome of the establishment. that's what americans everywhere are tired of. washington getting away with something no one else would ever get away with. clearly a speaker pelosi was asked about just about any other figure faced with charges such as those facing conyers, she would've reacted differently. this is absolute her putting on her tribal partisan hats saying they're going to stick with my guide regardless who comes after him. it's a show of being disconnected is where the american people are, subject to the same rules in the same

standards anyone else. lauren: not to hide behind laws, were you in the fund these blasted that congressmen face. luke messer introducing legislation to prevent our money from protecting members of congress. not only that, also silencing victims. do you see that coming anywhere? >> it has to go somewhere. not just in congress, but across industries. these nondisclosure agreements are part of the problem and so congress can take a step forward on it, that's great to hopefully we'll see that in corporate america. this is not a partisan issue and i don't want anyone to come to this conversation pointing finger solely at nancy pelosi. this is a probably didn't just wake up and it happened

overnight. this has been the life of our country in the making. and so, we have to approach this in a much different way than kind of picking sides, choosing their corners, protecting our friends, protecting people to get a financial benefit from. we see that happening on the left and the right and the american people are saying no. lauren: how do you see male-female relationships changing going forward in light of everything else going forward. >> manner i noticed that they need to be aware of their behavior and treat women with respect arresting at the high consequence to pay. i do think that one of the big issues when it comes to what is going on with congress is that this idea beneath drain the swamp. when we look at the way that taxpayer dollars have been used

as disturbing to a lot of american people. the health care debate we had talked about, congress having exempted itself from the rolls the rest of us have to live ayin upon the care. that's not how it's supposed to work. lauren: taxpayer money, 17 million over two decades. thank you so much. cheryl: we've got a lot more coming up. is your information safe from hackers? how they pay top dollar even from popular dating site. >> are cybercrime intelligence agency to figure out how hackers are selling personal data and more importantly how much it is worth. >> hillary von with the results of a stunning new group port and the online price wars between wal-mart and amazon. the big winner to all of this, yes, it is you. more on amazon.

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train to the holiday shopping is in full swing and sewer hawkers. lauren: yes, they are. hillary von talking about how they are paying on the dark web for your information. >> our team went undercover in the dark web to figure out how hackers are selling personal data and how much it is worth. hackers try to diversify how they package and sell the data as massive breaches become more and more frequent feeling a surge in supply in the underground marketplace. the secret dark web economy is operating in plain sight in researchers discover 500 social

media forms actively being used by hackers to sell this data. the marketplace is growing, tax takes evolving and targets are changing. hackers will pay top dollar for accounts tied to financial institutions as much as $15 per user. researchers found an unexpected demand further data with the big price tag from the dating sites will pay up to $10. the pay up to $5 per instant messaging account. also targeting travel loyalty points of hotels and airlines and will pay 50 cents more for that. the team got an inside look at how hackers categorize the market or stolen data. to make tons of tools cybercriminals are using so they can better package at thread dumps they are buying and selling in the underground said that people who are buying them can use them in the local region where they have their nose to nose at the people that cash out

and buy goods at a store or go purchase stuff online for them. >> these meals are people come to cybercriminals to use stolen information like credit card debt to buy big-ticket items online or in-store and turn around and sell it for cash. it is how scammers and hackers jointly profit off the data and why they are willing to pay top dollar for it. lauren and cheryl. lauren: well, the battle certainly begins for your holiday dollars. the price were behind gets red hot. it is also dangerous. you're not going to believe how much damage is being caused by pokémon go players. stock index futures pointing to a higher open. they galloped 22 points, nasdaq just turned lower. features down the one they are. we will be right back. ♪

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>> going to be a tremendous tax cut. the biggest in the history of our country. cheryl: president trump set to meet untaxed a farm with holdouts for changes. trent investors keeping a close eye and tax-deferred. s&p 500 yesterday closing just shy of the record high by retailers on cybermonday in futures this morning up across the board. trip to europe stocks opening higher. where the dutch shell's positive outlook. cheryl: in asia not all agree there. the nikkei in japan down slightly. costs begin to quarter of 1%.

>> wal-mart and amazon and guess what you are the big winner. "fbn:am" begins right now. ♪ lauren: it is 531 on the dot. good morning, everybody thanks for joining us today lauren simonetti. cheryl: good morning. i'm lauren simonetti.cheryl casone. fighting for the consumer dollar. cheryl: was cheaper? wal-mart.com or amazon.com. i've always wondered that. cheryl: there's a lot happening today. president trump is set to meet with republican senators later today ahead of a senate vote on their version of the tax bill. yesterday met with key members of the senate finance committee. >> it will be the biggest tax reduction in the history of our country. it will bring jobs, a lot of

them come into the country buying product, et cetera and i think it's going very well. >> the president meeting last night, thank you, ran after rand paul said he would support the bill. >> senator bob corker expressed concerns over the higher spending levels in the bill says he's been working with the white house to find a solution. >> i met with mnuchin today, i don't know how many times with general cohn. chester at the administration's end our finance committee, seeking a solution so that there is a trigger or a backstop, whatever you want to college, and the the event we don't achieve the revenue's project did. lauren: could corker be a baby? it sounded like it. steve gaines of montana says he opposes private stands now. senator ron johnson both say this though favors big

businesses over small businesses. adam shapiro is in washington. >> good morning. all attention on the senate budget committee later this afternoon. at 2:30 they will begin the process of uniting two bills, tax reform and reconciliation bill with an energy bill which would allow drilling in the arctic reserve. that's the necessary step to send this to the full senate for a vote. on monday the president have lunch with key members of the senate finance committee working behind the scenes to get the necessary yes vote when this does come to the floor of the senate. one of the senators in a holdup has been ron johnson. he wants an increase in the percent deduction for pass-through business is the income can deduct. that is being worked out and we expect ron johnson will be a yes. orrin hatch from the senate of the finance committee had to say about where all this is headed.

>> we will be able to get together and solve these problems and i think we will. that is why you have two houses and they never fail to be able to get together with the house even on very good intentions issues because are willing to work together and solve these problems. >> was the senate has the bill, the vote is expected to be tight. leadership on the bill is confident they have these 50 vets that will be yes and the vice president could cast the tiebreaker. wheeling and dealing continues there right now headed towards a vote possibly at the end of this week. back to you. >> a lot of things in washington but a lot happening on your computer screens after a long weekend of buying cybermonday it may be time to start giving. lauren: tracee carrasco another headlines. it's true after you buy, buy, buy, tend to donate.

>> absolutely. this is the sixth annual day we are urged to give to charity to help out. president trump also urging he says americans are resilient people particularly when they support each other through acts of charity, kindness and generosity is the process of recovery need for assistance continues i encourage all americans to unite and selflessness, compassion and giving. he specifically wants us to help out those affect did by natural disasters this year. you can donate to a nonprofit. you can start a fund raiser, volunteer, send a message of the meeting spread awareness about a charity or cause them give more. maybe a neighbor, friend come it doesn't have to cost anything, but he can still do something nice. cheryl: donate to a local shelter. that's what i'm trying to do today. transfer i'm trying to instill this and a 2-year-old daughter. what he wanted different santa

claus and what u.s.a. because to give to somebody else? i'm not sure it's connecting it. wal-mart is closing in on the low prices. >> the gap is getting much smaller. wal-mart only .3% more expensive than amazon. that is wal-mart's website. they've been working aggressively to try and closing the gap with those prices in a brick-and-mortar store translated over to their website. when you look at the numbers compared to 2016, wal-mart.com was 3% more expensive than amazon.com. of course we have the consumers come out on top again. cheryl: that's a tight margin. >> can you even really tell a difference. i always loved the stories of people playing pokémon go,

wandering into the street, going off a cliff. ayatollah says something or happening. >> people were walking around, now researchers at purdue university found pokémon go players spend anywhere between two to $7.3 billion in traffic related damages that include potential income from anyone injured or unfortunately killed and now they found that 100 dirty for additional accidents were caused by pokémon go players that resulted in 31 injuries, two deaths in car damages of $500,000. they cross reference the pokey stock with where these accidents were and found that evidence showed that these pokémon go players contributed to these accidents. cheryl: i take it back it's not funny.

i had no idea. transfer we are so distracted that the hazard. lauren: speaking of scary. last night in egyptair plane clipped a plane when it was taxing. luckily no one was hurt to all of this happen after the virgin atlantic plane pulled off to the side because of a technical issue. the egyptair plane tried to pass it on in the process clip its wings. you can see the two wings they are so close together. cheryl: better on the tarmac than in the air. coming up, jennifer lopez has just done something no other woman has done. here is a hint, she has still got it. many americans rushing out to buy their christmas trees after thanksgiving. one buyer who might have gone overboard. you are watching "fbn:am."

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lauren: a russian jet making an unsafe intercept of a u.s. navy aircraft did pentagon officials say the russian fighter jet came as close as 50 feet to the u.s. over the black sea that lasted 24 minutes. the u.s. aircraft to experience

violent turbulence to occur in less than two years time. top executives meeting with vice president mike pence reiterating concerns could have ceos from general butter side down saying they are worried about 50% u.s. content in order to qualify for an import. those changes could raise the price of vehicles. check this out. the massachusetts police department face the page sharing this image of a vehicle completely worked by yes, a christmas tree. how big do you think that is? it's a reminder to make sure you transfer your holiday trees in a responsible way. what happened here? police pulled the car over.

it was unknown if there was a citation. let us know, did you guys start your christmas tree decorating yet? send us pictures. cheryl: just don't get a tree that bag over one car. responsible tree transportation, people. the senate likely to set a vote. they look at what is in play. let's start with the adding of the property tax deduction up to 10,000. this is to deal with salt. would you make of the latest shift in the senate's bill. >> a difference between the house bill in the senate bill because the senate bill doesn't exist and there's a lot of pushback from republicans who want to see that. the difference between the house and senate is in the house you have republican and high-tech state and in the senate you

don't, but regardless, many of the senators want to see you back in. the challenge is the cost of its $280 million if he were to put the measure in the senate bill the way it is in the house bill, which is the deductibility of the property taxes up to $10,000. we will see it's likely something that gets amended in and not what happened. cheryl: that's interesting. this pastor has become such a hot button issue for small business. the nfib saying they don't like senator ron john didn't come and they don't how this affects small businesses commended for corporation, bad for small business. you could say there could also be some small business that could appease the ron johnson said the world. that's been reported he may be changing his mind. >> way. that's what they are looking for, some other senators that weighed in the last 48 hours. the fact of the matter is the

senate bill in the house bill differ here. the house bill is a lot more simple as they relate to pass the reason they have a provision in there that smaller businesses get an even lower rate. the measure in the senate bill is very complicated. they are to where the king estate that make it harmonized in the measure and it may be very similar. cheryl: before i let you go, this big change in alaska committee said this is a big move to get rakowski on board when it comes to arctic drilling. it's very impactful. why? >> what it does is republicans have wanted to drill in alaska for quite a while. the upper right-hand corner of the state have been unsuccessful so they will use the budget reconciliation provision they are using to get a tax done in the tax done and they will sneak this in their comments about will happen in the next day or so. cheryl: interesting information. appreciate you answering.

>> monday night football. baltimore ravens -- jared max with highlights for you. genistein outside what the weather for you. reporter: a beautiful day to be in new york city. we are in bryant park. we will tell you how we can get back on tuesday. a wonderful organization that gives back to communities who really needed across the country come across the world could stay with us. fox news business will be with your forecasted high you can give back this holiday season. stay with us. building a website in under an hour is easy with gocentral...

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lauren: of fox news confirming congressman luis gutierrez is retiring. so he will retire from his position. he is the democratic representative from illinois. what he does next, we do not know. cheryl: we don't know. there are reports. sources have spoken to a television station in chicago that is going to be running for the governor order rico. we shall see if he gives us more details today. representative luis gutierrez is retiring. sources telling fox in chicago he will be running to be the next governor of puerto rico. while, she is from puerto rico actually. i did not plan this, but it's good. she might still be jenny from the block, but she is a guest girl. jenny lopez is the new face of guess jeans. this makes her the oldest guest girl in the history of the brand

but it doesn't matter to the designer who says he's wrote to jay lo from the brandon describes her as iconic, every dream. lauren: indeed. 48, looks amazing. we are not doing weather. we've got sports coming out. trained to we've got weather because somebody is wearing a very cute hat and sending out their lives waiting for us. lauren: did compliment that before when i saw her before. reporter: it's going to be 25 days of different hats on fox business. in a while, we are getting into the christmas season and we are here rampart is a beautiful day. forecast five great news. 20 degrees to 30 degrees above average per the only area with rain and snow in the northwest. quiet forecast including new york city where we are here with world vision. christine can't tell us what is

happening today and for the next week. >> it brings the pages of world vision to life so people get to see the impact of their gifts through world vision. these are gifts you can give it a name of a loved one this holiday season and will go to impact a family in need. it is shiny bright this season by giving a gift that makes an impact. he can go christmas giving instead of christmas shopping. reporter: give us an example. >> it give animals like goats are not tacos to make a difference on the lives and families in need. they provide nourishment. for instance they go can provide 16 cups of milk a day so they can then sell the extra milk at market and get things like school supplies and medicine for their children. you can also sponsor a child through world vision and that is one of the most personal and powerful ways to provide.

we are here all morning long. what is the organization the place we can go? >> world vision.org. when you get to make your donation will be doubled and swear partners at 31 kids. reporter: i love it. giving tuesday's ladies that are fuzzy pink hat. back inside to you. cheryl: we love the hat. thank you very much. lauren: the ice skating rink in the background. cheryl: jared max is here with the highlights. >> lauren, cheryl, five weeks left in the regular season. baltimore ravens would be ending thanks to last night of the houston texans. until the ravens offensive line running back chavarria fallin into the end zone. subtlety matter. john harbaugh loves it. a few minutes later ravens go in front of the touchdown by collins. beats used in 23 training 16.

two of them in the final five minutes. the punishment has been levied and hockey get five minutes for fighting the same thing for the you get two games for fighting and inciting a brawl. michael crabtree both out in the next two games because of their behavior sunday suspended two games without pay. 19 games into the nba season in the midst of an eight-game losing streak fire head coach david is still in the move comes just one day after face the bench all-star mark was solid against the brooklyn nets. they have been reported to have irreconcilable differences. widespread speculation used to be an assistant coach with the miami heat. for guys like lebron james and dwayne wade blocked him. look how they react and social media. i need some answers. fellas, this is my man. meanwhile, dwayne wade wading into something similar.

tiger woods is coming back. seriously, we mean it this time. in golf with president trump this weekend saturday in florida. maybe a shot in the arm got him going. patrick reid saw tiger was playing yesterday and really impressed with what tiger showing the fire. i was shocked how far the ball is going. he had some speed behind it. there wasn't any hesitation to hit the shots. if he stays healthy will see him again. he will tee off at the challenge and it seems like maybe this is for real. we keep holding out hope. >> jared max, thank you. you can keep fox news headlines 24/7 sirius xm channel 115. lauren: when we come back, u.s. stocks rallying as part of the global rally we've seen this year. ♪

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lauren: there has been in global stock market rally this year. one of the broadest that we've seen in years. let's bring in riva gold from "the wall street journal." so many people are waiting for the selloff. what has been driving the binding globally? >> this year is something quite reassuring for a lot of tears

that stocks have climbed to record highs for pretty good reasons. the global economy has really been on fire not just in the u.s.a. and europe, but all around the world that we have a picture really synchronize pickup in growth in a long time and the oecd this morning said it expects global growth to be the best since 2010. at the same time you've had really easy monetary policy, even if the fed is being slowly, gradually normalizing. look at where the yield on 10 year treasuries are. there isn't much of an alternative for stocks right now. there's a lot of volatility in asia. why? >> there has. china has been lacking behind global games and a lot of that has to do with the sense the government there is cracking down a little bit on what it sees as pockets of excessive leverage try to crack down on

shadow banking as well as investors taking profits in south korea and japan and absolutely climbing massively this year. a bit of a wobble they are the last week or so. lauren: riva gold, thank you for your perspective. >> thank you for having me. maria: we send it over to maria bartiromo. maria: thank you cheryl, see you in a few minutes. i am maria bartiromo. top stories right now. stick them on the east coast. they feature the fed jerome powell. later this morning as they consider whether or not to confirm president trump's nominee to replace janet yellen is next chairman of the federal reserve. fox business taking a life for the coverage of the senate banking committee kicks off at 9:45 a.m. eastern sojourn is for jay powell in the hot seat this morning. president trump will