[closing bell rings] gaining 337 points. bring out the confetti. 23,000, 273. that is it for "the claman countdown." see you tomorrow. melissa: major rally on the dow, closing above 24,000 first time in history. >> how about that. melissa: you're here. got to be it. fifth milestone under president trump. closing up a whopping 320 points. yeah, the s&p and nasdaq and russell 2000 also making money today. all but the nasdaq closing at brand new record highs. i'm melissa francis. you are not david asman. i noticed that right away. >> nothing gets by here. they were saying mccain rally. i thought they were saying mcshane rally. i'm connell mcshane in for

david asman. he announced he was yes earlier melissa: you're not doing anything? go straight to nicole petallides on floor of new york stock exchange. nicole what is the mood on the floor. is it like 24-k? >> they're dancing for the mccain rally, mcshane rally, whatever you want to call it. we broke through 24,000. the dow gained 331 points. we now have closed here well above that 24,000 mark. it has been quite a run. this is our fifth 1000 milestone

of 2017, all on tax relief ideas and thinking that this is going through, and brings optimism it wall street. take a look. we have 1000 points. what drove us to this point. best performers since 23,000. that would be nike, walmart, cisco system, intel and 3m. those are the best of the best. names that came under pressure. ge with a dividend cut and restructuring, that came under major pressure. that is down, merck, ibm were laggards. the night of the election we dropped over 800 points. we all reported on it. we were at 17,000 and change. we broke through 18,000 and then blew through, and now we have 24,000. and they're already printing 25,000 because they can see that coming. quickly look at some transports. this group in particular, airlines and truckers will do so much better with more favorable

corporate tax rate. take a look at southwest airlines, union pacific, fedex, j.b. hunt. these names gained between two and 4% today. record day. back to you guys. melissa: nicole, thank you so much. connell: we knew we would have a presidential tweet or tweets to mark a day like this. here is one. the dow just broke 24,000 for the first time tweeted president earlier, another all-time high. if the deeps had won the presidential election the market would be down 50% from these levels and consumer confidence also at all-time high would be low and glum. on the panel today, scott martin, kings views asset management, neither low or glum we believe. kevin kelly, upbeat from benchmark. scott, to you first, nicole's final point, interesting to see some rotation here when you see a bill looks like it will be law. you think how that might be applied to the transportation stocks and, just about everything did well today, particularly those tax, right?

>> shows signs of a healthy market in my opinion, connell. techs had a great run for most of this year. makes sense some of that money -- what is interesting, doesn't rotate out of equities into bonds, goes into other parts of the market, staples, transports. that is backing and filling to do. your point about the tweet, i don't think the market down 50%. let's say call it flat. reality is this, talking to my liberal friends i know sounds like an oxymoron, stay with me. melissa: come on. >> sold unfortunately in november. they sold in november. so i feel bad for them. now they need to get back in join the rally like all of us. sentiment, confidence, earnings are on record pace. i think that drives stocks higher in 2018. connell: is that true, kevin? friends for political reasons, people sold their stocks? yeah? >> connell, they had a lot of doubts about the future of the economy, future of regulations, poll that.

>> was a way to hate, get out and cost them money. connell: a lot of money. kevin, what about you on the rally? anything that concerns you when you get to these lofty positions in stocks or like scott, do you see a healthy market? >> you know i will do the shimmy, shimmy. you didn't do iter earlier. melissa: come on. do it for us right now. connell: he proved why. melissa: yeah, that is nice. that was good. >> a little shoulder roll. melissa: i like that. >> because this rally is going to continue. guess what is best-performing sector today. it was financials predicated on tax reform getting through. they need it because they will reinvest in this economy. think about it. they were hampered so much by obama era regulations and they performed well this year. since november we talked about it paul krugman. this guy is going to fall. you grow the pie when you deregulate. we'll grow the pie when we cut taxes. they have been hit the hardest here. domestic story. to is fine.

they get a lot of revenues from overseas, they will do well. but this rally will continue should we get tax reform done and financials lead us higher. connell: from higher interest rates the way they do their business, some of these banks, scott. i wonder if the market generally speaking will be able to with stand that once it cops? is that maybe a trigger that something we concerned about in the future? or something that we with stand whatever is thrown at us? >> that is beautily to me besides looking at kevin kellies today, you too, melissa, maybe you too, connell. the fact even if rates, connell, we get three or four rate hikes next year as powell alluded to a little bit couple days ago, yeah, not so many worries about inflation but staying on the path, that is still not bad. interest rates what, low single digits? with respect to gdp growth, 3 plus percent, i dance like nobody is looking especially if they're looking so happy about

fed moving forward on rate hikes. melissa: nice. connell: only three of us make 330 point rally on market seem uncomfortable. melissa: you're still not dancing, connell. gaining momentum on senate floor, gop debate is anticipating a floor vote could be hours away. senator john hoeven, republican from north dakota, senate appropriations committee member. thank you for joining us. you heard the market took off like a rocket when senator mccain said he was onboard, not because of that one single vote but the idea, my goodness if he is on board this thing is going to happen. is that the right interpretation? >> well i think so. we're on the bill, voting on amendments now. i'm not sure if we will be able to finish up tonight or go into tomorrow. but our objective i think we achieve have it through the senate this week and go to conference. melissa: yeah. do you think these are tax

breaks would maybe take effect retroactive in 2017? do you see it in 2018? there is a lot of hopeful people out there. what do you think? >> not 2017. 2018. they will see it in with holding in 2018. it flows through their tax return for next year. melissa: what do you think about the different amendments that have been the trigger mechanisms where it seems like a lot of people or a lot of you are trying to buy insurance policies where if we don't see the kind of growth that a lot of people anticipate, there would be sort of a clawback of either the new tax levels or maybe you put in a trigger effect that cuts spending? >> we'll see more growth than we're projecting. we're combining regulatory relief with tax relief. already you're seeing the economy respond to that regulatory relief. we'll get more growth with tax reform. i frankly don't think we need triggers. i think you will see not only more than 1.5 trillion, which assumes a 1.9% growth, we're

already at three, okay? and you're going to see well more than that. we'll actually get revenue to provide deficit reduction. melissa: yeah. i agree with you, what you're talking about there, dynamic accounting what you think is going to happen going forward based on the growth which i think a lot of our audience members probably agree with that idea. those who don't want to see tax snapbacks in there or spending cuts. what about the idea if we did see that kind of growth you guys came back in a year and revisited lowered taxes more on individuals? >> there you go. i'm not a fan of these triggers. so you're, that is automatic tax increase. i don't like that idea. melissa: no one likes that. >> i'm working to make sure we get a bill passed. so i'm working with everybody. why i don't feel the tricker is the way to go. melissa: would it be greedy for us to hope you would come back do it again, if this worked out well and economy grew and revenue went up because people were working more, getting paid more, they ended up paying more taxes because they were making

more and the economy is growing? is it greedy you would come back within this president's administration and possibly lower taxes again on individuals? >> that is exactly what we should all hope that we're able to do. this is about growing the economy, rising tide that lifts all boats. so people not only keep more of hard-earned dollars is their wages and income go up, wage, benefits, economy grows, we have revenue to reduce the deficit like we're talking about and actually reduce taxes more. right on. melissa: we do hope for that, we should hope for that. what is likelihood that could happen, possibly? 50%? give me a percentage that is possible? >> i really believe as we're talking about the dynamism of our economy we combine tax relief and regulatory relief. i think we have a good chance for future tax cuts because of growth. melissa: okay, i'll take it. senator, thank you. appreciate your time. >> good to be with you. melissa: he didn't want -- that's okay. that's okay. said he is hopeful.

i am desperate so i'll take it. connell: a lot more people are hopeful today than they were a few days ago. that is quite a change. keep a close eye on the senate floor as timetable progresses on senate floor. bring you updates as they come in live from capitol hill. melissa: minority leader nancy pelosi making an about-face calling for michigan congressman john conyers to resign after allegations of sexual misconduct. conyers is now in the hospital suffering from stress. i bet. but his lawyers say there is no way pelosi will make him leave. connell: then cabinet shake-up? a lot of talk about it today. reports saying rex tillerson may be on his way out at the state department. who might take his place if that's true? the latest response on all that from the white house. >> i don't know where the stories are coming from. i don't try to spend most of my day figuring that out. i would rather focus on the points that i know and the points that we're driving through the administration and the secretary of state is pretty tough guy.

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melissa: another day, another jam-packed press briefing. sarah huckabee sanders fielding questions over secretary of state rex tillerson's possible departure from the trump administration. let's go to blake burman who was in the briefing room. blake, what can you tell us? reporter: melissa, it wasn't a raving endorsement i don't think you say but rex tillerson has not gone anywhere either to the other side of the equation. president trump earlier today was simply asked whether or not he wants tillerson to stay on as the nation's top diplomat. here is what he said. >> do you want rex tillerson on the job, mr. president? >> he is here. >> he is here. do you want him to stay in his job? >> very much. reporter: president simply saying he is here. the "wall street journal" reported that john kelly, chief of staff said there is no plans to remove tillerson.

however sources both inside and outside of the white house that tillerson is expected to leave foggy bottom in january. as for succession plan, two different things being laid out. one most likely option which would be mike pompeo, current cia director. he would step into tillerson's role. and arkansas senator tom cotton would be moved into pompeo's role. that is more likely. less likely having u.n. ambassador nikki haley replace tillerson with dina powell, top advisor for the nec would replace haley. sarah sanders gave standard response for the administration, precarious response when she was asked whether or not the president has confidence in tillerson. >> when the president loses confidence in somebody they will no longer be here. as the president said, on the record, and several of you were in the room in the oval today, the secretary of state is here

and we're working hard to get big things accomplished and close out what already has been a very strong and positive year. reporter: already heard that with a few times with people that stayed in the administration and have left. by the way tillerson is expected to move on forward with his schedule. he will make several stops next week in europe. melissa, back to you. melissa: blake, thank you. connell: here to he react what has become the story of the day, charlie hurt out of d.c., "washington times" opinion editor, fox news contributor as well. i was thinking about this story, charlie, if someone said to the bosses at fox, how is connell doing, well, he is here. [laughter]. i might call my wife saying we might be in some trouble. that was not exactly a ringing endorsement. what do you make of all this? >> no, it was really not a ringing endorsement. you would definitely get out your resume' and dust it off and update it. we've been playing this game for six months now, eight months,

since the first reports that tillerson was out the door. tillerson was out the door. a lot of this is obsession that the media has with the palace intrigue, especially in this white house. and but there is no doubt, i do believe that when you listen to what the president said and what sarah said today, that they are thinking about some sort of a exit for him. he himself indicated that he wanted to stay for a year, not necessarily much longer than that. as in terms of the friction between the president and tillersons i think another thing a lot of people are forgetting to think about it right now, this guy came from the private sector. this is a guy who was able to call his own shots, get things done with alacrity. he is now in massive bureaucracy inside of a huge administration. connell: right. >> and so i'm sure there are some frictions there but there are also some other things at play that are less nefarious. connell: let's say stories and

report something true, timeline is accurate, sometime early next year he does move out, what is the policy impact on that, in particular with the most important foreign policy topic that we're all facing here which is north korea? obviously doesn't seem as though the president and secretary necessarily see eye-to-eye on that approach. what could change if anything? >> i really sort of doubt that much will change in terms of that just because the president is so personally involved in that. i think what we are seeing to the most degree is his policy, and also, a defense secretary jim mattis' policies in terms of basically getting into a footing to combat what it is that north korea is doing right now, and so i sort of doubt there will be a whole lot of change in that policy, just because, obviously this is, this is an existential threat for some americans. connell: right. i want to hit you on another

topic, when i introduced yous as "washington times" opinion editor. "new york times" opinion twitter page, you know where we're going against this, lobbying defense the senate tax plan and actually on twitter posted phone numbers of senators. we'll bring the quote up here, the twitter, the tweet. now is the time to contact senators if you haven't done so already about the tax cut plan. boy, this is generated quite the response the last couple days. what do you make of a newspaper? this is opinion side of a newspaper, so you're giving opinions but did this cross a line? >> talk about having to dust off your resume'? if i took over "the washington times" official twitter feed and began spouting my opinions in this sort of fashion, trying to gin up controversy, trying to gin up people to activism basically -- connell: even "the washington times," just to be clear, even "washington times" opinion twitter feed is what you're saying? >> yeah it would be, it would be outrageous, but that said, i

don't know that it comes as that much of a surprise because "the new york times" over the course of this election and even after the election into the first year of the administration has shirked off any sense whatsoever that they are trying to be fair, that they're trying to be honest here. they go after the most salacious stuff, over the transom. report it alls fact. reported the whole russian dossier as fact. so it is outrageous, appalling but it is also kind of not surprising to me anymore. connell: all right, charlie, thanks for being here as we mentioned. being here half the battle today. good stuff, charlie hurt. >> it is. melissa: kicking off the holiday season, two of our nation's most iconic christmas trees are about to light up for the holidays plus more stories surfacing after matt lauer after nbc dropped "the today show" anchor. >> matt lauer is a franchise

player on its most lucrative property. this is huge bombshell with those of us in the news business that know matt lauer. i'm still kind of stunned. retire until he was 68. the client realized, "i need to get back into the markets- i need to get back on track with my plan." the financial advisor was able to work with this client. he's now on track to retire when he's 65. having someone coach you through it is really the value of a financial advisor.

:

. >> there are no words to express my sorrow and regret for the pain i have caused others by words and actions. to the people i have hurt, i am truly sorry. i regret my shame is now shared by the people i cherric dearly. repairing the damage will take a lot of time and soul-searching and i'm committed to beginning that effort. it is now my full-time job. melissa: that was part of the statement released by matt lauer after being released from his longtime spot as anchor of the "today" show on nbc. according to my next guest could mean financial troubles for the network. here is joe flint, "wall street journal" media reporter. the "today" show very much the cash cow of the entire, you know, news organization, if not a huge part of the network,

certainly the morning show. but there were a lot of other people on it, there's a lot of different hours to it. everybody loves hodda and kathie lee, why do you think this is such a chunk out of their piggy bank? >> i think it could potentially be a big chunk out of the piggy bank. depends how they handle, it how the audience responds to the "today" show in the 7:00 to 9:00 hour he has been a face in america's homes for the past 20 years and beloved face for many of the "today" show viewers. so obviously him leaving could have a negative effect on the ratings, in turn, the advertising. morning show race is very competitive. good morning america leads in viewers, nbc leads in the adult demographics of adults 18-24. and cbs was creeping up itself from a distant third to

respectable third and they lost their lead in charlie rose. melissa: interesting, matt lauer has been around a long time on the show, of course, and survived through a lot of female co-anchors who have come and gone and the show has gone up and down through all of that. you think how popular katie couric was, meredith viera was very popular. the ugly thing with ann curry and matt lauer's popularity and star took a beating during the ann curry thing. i don't know, do you really feel like as an entertainment reporter, did his star recover from all of that, or was nbc hanging onto him, maybe out of fear? they kept backing the money truck up to keep him on the show. maybe that was never necessary and people in the morning were kind of sick of him. what do you think? >> certainly matt lauer's star did take a little beating with the ann curry situation, and to your larger question about nbc

and fear stopping them from making a move. most in the television industry are reluctant to make change. melissa: yeah. >> perhaps we do put -- we do put too much stock or executives i should say, i don't have stock in this, executives put too much stock in the idea that someone is irreplaceable. clearly no one is irreplaceable. there is. that matt lauer made an awful lot of money and eventually may replace him, whether it's with hoda or someone else, economically speaking they could end up in a better place financially without the large salary to carry. melissa: they could end up without his salary and go with the people they have and save money that way. he's been spotted in the hampton, we have photos from the daily mail. hard to feel sorry for someone who is so incredibly wealthy as he's getting, he went out to his $33 million hampton's

estate in the posh vehicle and the daily mail caught up to him. i wonder when you talk about people being replaced on morning shows, as an entertainment reporter, does this become a place where we see all female anchors? >> well, i certainly don't think there's a reason not to. and maybe this is a good time whether it's cbs or nbc where there are potential there to go in a different direction to consider it. most of the morning show audience is made up of females. that's who they're catering to. that's who the advertising dollars are spent on. so why not? why stick to this, you know, tradition that may have outlived its usefulness or certainly is no longer a necessity. melissa: yeah, yeah, joe flint, thank you for your reporting, appreciate it. connell? connell: north korea, the u.n. ambassador nikki haley sent a serious warning to the north koreans, she says they'll be,

quote, utterly destroyed there if war breaks out. melissa: plus the senate tax bill debate continues after a big boost from john mccain, but what about the remaining senators on the fence? the latest from capitol hill next.. >> we're on the cusp of a great victory for the country, going down the homestretch, headed towards the finish line late tonight or early tomorrow. at fidelity, trades are now just $4.95. we cut the price of trades to give investors even more value. and at $4.95, you can trade with a clear advantage. fidelity, where smarter investors will always be.

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♪. connell: i'm not feeling that either. melissa: really? how is that possible? connell: the bruno mars thing i could have seen more. the dow up 331. no one is dancing except scott martin and kevin kelly. melissa: and myself, did you not dance. connell: serious journalism. above 24,000, they made hats and everything, first time ever, only took 30 gains to gain 1,000 points, a very, very good day as we watch the tax reform effort in the senate. new records in the s&p 500 and the russell as well. melissa: yes, closing in on the tax bill vote, president trump could be on the first legislative victory as senate republicans prepare for the floor vote that could come as early as tonight. adam shapiro on capitol hill with the latest. adam, tell us exactly what's going to happen. reporter: if i could tell you that, i'd have a much more

high-paying job. i would tell you what's about to happen, here's the deal. we could, very minute have a vote tonight, most likely tomorrow, but haven't gotten guidance from mitch mcconnell who said perhaps later tonight or early tomorrow. what's happened within the last hour is the joint committee on taxation requested a dynamic scoring on the tax bill, not with all of the pieces but as they had it, and it came within the $1.5 trillion debt limit but adds a trillion dollars to the national debt over ten years and could prove a problem with senators bob corker and senator flake, i reached out to them, no comment, because it still adds debt and doesn't grow the economy at the levels the administration is promising but still grows the economy. here's where we stand right now. have you john mccain who offered huge momentum to passing the bill today when he said quote, i believe this legislation, though far from perfect, would enhance american

competitiveness, boost the economy, and provide long overdue tax relief for middle-class families. where does this stand right now? the senate is busy on the floor of the senate, debating amendments back and forth. there was a kind of fisticuffs, because they don't do what they do in south korea and battle each other, but verbal fisticuffs, you might say. senator brown and senator sullivan. just watch from earlier today. >> i've been coming down the floor, my relatively short time here talking about growth, growth, growth, growth, gdp growth, 1.5% for the entire future is that what you believe? and if you don't, how do we get faster growth. >> reclaim my time, of course i don't believe that's the new normal. it's the same old game they played before. if you're not for our tax plan, you're not for tax reform. nobody believes that. reporter: melissa, connell, forgive me for fisticuffs, should i be doing this in old english. we're on watch, could be

tonight, most likely tomorrow. melissa: thank you. connell: lonnie chen joins us, former marco rubio 2016 presidential campaign adviser and former romney-ryan policy adviser back in the day as well. on this day, it was really john mccain who seemed to get this thing started, and you know melissa made the point earlier on, hey, if he's for it, i guess it's going to pass, right? >> yeah, that's absolutely right. you got to think about which republicans would stand in the way of major legislation. now john mccain was a big question mark, i think the fact he came out and resolved that, very important for mitch mcconnell and for the president. there are few others like susan collins and lisa murkowski and bob corker who have expressed concerns for a variety of different reasons. i think that at the end of the day, this is such an important policy and political imperative that they're going to vote for this things are the votes will be there and pass the senate by the end of the week.

connell: i heard don't make the perfect enemy from the good argument a lot of people in washington for the last number of weeks leading up to this. what about as a policy measure? doesn't seem like anybody is necessarily thrilled but the argument is better than what we have. is that fair? >> certainly better than what we have. there's a couple things, first of all, reducing corporate rate will result in growth. increase in wages down the road according to many economists and see simplification on the individual tax side, lower rates for businesses and individuals, and a lot of things in this bill i think that frankly illustrate how tough tax reform can be, and there are tough decisions that have to be made any time you are dealing with provisions in the tax code that people have gotten used to, it's going create constituencies, i think senators are right to vote for it. connell: your point about the corporate rate coming down and 20 the target, boy, the "wall street journal" editorial page hammered him this morning for

wanting or being willing to have the corporate rate come down to 22 rather than 21, i believe because he wants to raise the child tax credit, right? doesn't necessarily show republicans agree on everything, and your personal opinion on that particular back and forth? >> marco has been talking about creating a refundable child tax credit, that would go to people who don't have income tax liability, who pay through payroll taxes, and basic point is, it's expensive to raise kids in america want and to do what we can to reward families and reward people who make the decision. at the end of the day republicans don't like it because they see it as more welfare. i think marco has the better political argument there, if you're going to lower the corporate tax rate, address the distributional concerns and the tax credit certainly helps to do that. connell: finally the political argument, that is your business, are you comfortable as a republican or those

advising republicans in the midterms in 2018, are you comfortable running on this particular plan? >> yeah, i am, because i think that there are a lot of benefits in here. i think you're looking at higher wages, faster growth, lower tax rates for many in the middle class. doubling the standard deduction is helpful. 75% of the taxpayers take the standard deduction, that's going to go up significantly more after the tax bill. a lot of things that taxpayers are going to like. connell: looks like it's on its way to passing. thank you very much for coming on, melissa? >> thank you. melissa: north korea trying to instill more fears of americans by releasing dozens of photos of the latest icbm, the defense department calling it the highest launch ever out of north korea showing the rogue regime can strike any part of the world. ambassador nikki haley says u.s. is not seeking war with north korea, but this week's icbm test unfortunately moves the country closer to it.

defense secretary jim mattis saying moments ago that diplomacy is still on the table. connell: yep, makes the tillerson story a big story as well. all of that speculation out there. icons have to face consequences, right? nancy pelosi used the word calling for john conyers to resign but the congressman is for now standing his ground. next up, republican congressman diane black sounding off on the government's hush fund making sure your taxpayer dollars are not used to settle cases of sexual harassment. >> it's not up to nancy pelosi. nancy pelosi did not elect the congressman, and she sure as hell won't be the one to tell the congressman to leave.

your new brother-in-law. you like him. he's one of those guys who always smells good. his 5 o'clock shadow is always at 5 o'clock. you like him. your mom says he's done really well for himself. he has stocks and bonds your dad wants to go fishing with him. your dad doesn't even like fishing. you like your brother-in-law. but you'd like him better if you made more money than he does. don't get mad at your brother-in-law. get e*trade . melissa: fighting words. a lawyer for embattled congressman john conyers saying his client sure as hell isn't going to be pressured into stepping down by house minority

leader nancy pelosi. representative pelosi recently calling conyers an icon seeming to have changed her heart a little bit. >> the allegations against congressman conyers, as we have learned more since sunday, are serious, disappointing and very credible. it's very sad. the brave women who came forward are owed justice. i pray for congressman conjers and his family and wish them well. however congressman conyers should resign. melissa: sort of her second bite at the apple. i don't know if it works second time around. multiple democrats including most house leadership saying conyers should step down. here now is representative diane black, congressman from tennessee and the house budget committee chairman. thank you for joining us. you know, there is this debate going on right now. if you work for a company and your, you know, sort of proven to have done things that were not in line with the company policy, a company can fire you.

if you're a congress person, though, the voters elected you are you the ones to fire you or you should step down? what's your opinion? >> i believe representative conyers needs to step down immediately. when we find out when it has been exposed what he has done in the way that we've used public taxpayer dollars to settle this case. it's deplorable to me. i had no idea. so we must not be held -- we must be held accountable. we can't be higher than the public. we must be held accountable. melissa: it is shocking that he would use taxpayer dollars one way or the other in order to settle a problem, you know, that he created instead of paying for it himself, he's going to get all of us to do it and continue on his way. i know that you signed the congressional accountability act. can you tell us about that? >> sure, well first of all, i want to say what he did was despicable. but beyond that, to have taxpayer dollars being used is

just beyond belief for me. so what this bill does is clearly places into law the fact that we cannot use taxpayer dollars to settle these cases, the sexual harassment. it goes further than that. it also says any of these cases that have been there previously, that they are made public. the public should know if this has been a case that occurred here and the ethics committee has informational, it should be made public, and we're going to be sure that no more dollars are ever used to settle these kinds of cases as well. melissa: i'm amazed that you have to pass a law now that would say you can't use taxpayer dollars in order to silence and mitigate problems like these in the past. if somebody harassed somebody, i'm surprised it was legal to use taxpayer dollars to solve that problem. if they come out and expose whoever else these moneys have been paid for, what happened to those people? what's the bar?

where do you decide that someone can stay and someone should go? >> this is the ethics committee that makes those decisions, and so those kinds of cases go to the ethics committee and i do have a lot of confidence in the leader of that committee right now, susan brooks is the former attorney general, and i have -- excuse me, i think she is a former u.s. general. but you know, she is great lady and i think she will do what needs to be done in these cases. i think that he ought to have enough shame of that he would step down without going through the process, given what information has been exposed at this point in time. melissa: probably people wondering, would you have the same condemnation if it was somebody on your own side of the aisle? >> absolutely i would. it doesn't matter whether you are a democrat, republican, independent, male or female. this kind of activity cannot be accepted. it is totally unacceptable.

acceptable out in the private sector. we certainly are not above the law here, and i could be incensed if one of my colleagues was doing, this and i would expect they would step down, and we would call for their resignation to step down. melissa: what are your thoughts on the moments we are experiencing in our country right now? >> i will say it is not a very proud moment, and it is one where we once again will say that you can never be above the law. we have to treat each other with consideration and respectability, and i'm just really disappointed that what we're seeing is people, very big names in the public and private sector, that think they can have behavior that is above the law and it is very, very disappointing. melissa: yeah, congressman, thank you for coming on. appreciate your time. >> thank you for having me. connell: in a moment, sotheby's expecting latest car auction. this is interesting, to be record breaking. not because steve job's old car is for sale.

we'll show you, coming up, the most expensive car ever to be auctioned off. melissa: ooh. no matter how the markets change... at t. rowe price... our disciplined approach remains. global markets may be uncertain... but you can feel confident in our investment experience around the world. call us or your advisor... t. rowe price. invest with confidence.

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. connell: so maybe you need to do a little christmas shopping for the car lover in your life. you need to dig very deep into your wallet. sotheby's hosting the most rare car auction in new york. we bring you there by way of gary who brings us details on the hot rods. hey, gary. >> love to see one of these under my tree and your favorite apple fan would love to see this car. 2000 bmw z 8 originally bought

by steve jobs in 2000 when he was working on the magical little device called the ipod and may have been inspired to make the iphone because it came with a motorola track he reportedly did not like at all, could have been the inspiration for coming up with a better idea. the cars sell for $250,000. because of the steve jobs connection, they are thinking this will go to closer to 300 or 400,000. one of the more affordable cars with $50 million worth of cars crossing the block on december 6th. including classic cars like this one. 1952 jaguar c-type race car, which is expected to sell for nearly $7 million. it was raced by american racing legend phil hill, and several events, he drove it on the road as well. you could do that with cars like this. if you want to buy the car behind it, you need twice as much money at least. a 1959 ferrari 250 gt

california spider wheel base with special aluminum body to be raced at races like lemans. this competed in the 24 hours of lemans and thinking it could sell between 14 and $17 million. if you think that's wild, the person who buys this probably will enter into a couple of historic races, i don't know if it's a risky investment but might put it at risk if you buy it. melissa: wow! >> not something you want to get into a fender bender with. 14 to 17 million. thank you, gary, well done. melissa: that is so cool. although that is one of the things when you see the art sell for a lot and you go i don't know. connell: remember 400 and something million. melissa: right, and supposed to be 150 million. all right, beginning to see the lights, christmas trees are lighting up across the country. and just moments from now, president trump will participate in the national christmas tree lighting. it's going to be huge!

>> maybe he'll dance. ♪ . . . .

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♪ melissa: nice. walking around the christmas tree. officer ryan nash will light up the christmas tree. officer nash is a hero. >> lighting up national christmas tree in a little while. a few minutes this year marks the ceremony's 95th anniversary which first took place during the calvin coolidge administration. two christmas tree lighting. one here in new york across the street. melissa: look at how pretty at new york stock exchange.

>> it is nice during the holidays. melissa: there they go. pretty cool. getting into the spirit. into the festivity. i love it. connell, thank you for joining me today. >> it was fun. melissa: here is risk and reward >> i will give you a bigger christmas present. you will say merry christmas again, okay? you will say merry christmas. [applause] you know, you go to the stores, and they have the red walls and they have the snow and they even have the sleigh and whole thing. they don't have merry christmas. they don't have merry christmas. i want them to say, merry christmas, everybody. happy new year. happy holidays, but i want merry christmas. liz: merry christmas to you, viewers. looking at dual christmas tree lighting.