dinner. >> why don't we do that? lou: thank you very much. charlie hurt and molly hemingway among our guests tomorrow. we thank you for being with us. good night from n >> for the next year, for example. cheryl: you are looking at live pictures out of moscow. russian president vladimir putin holding its annual year-end news conference. addressing everything from pulling out troops and sarah to his reelection campaign. on the highlights. we'll listen in just a moment. drink a republican seal the deal on their tax reform plan. a vote could come early next week and the president says tax cuts for you and your family could start in february. trend with the federal reserve expects three rate hikes next

year could do that year picked that one up 80 points yesterday. features point to another higher opening picked up a street close to the upside for the dow. lauren: the most record as ever most record as ever for the dow in a given year. the bank of england will announce their policy decisions today. trying to a nation with a chinese raising interest rates to quote their economy. the shanghai composite on the court of a percent of the japan's nikkei falling more than a quarter of a percent. lauren: t-mobile to announce its launching his pay-tv service. "fbn:am" starts right now. true to either 1:00 a.m. in year. thursday december 14th. i'm cheryl casone. lauren: good morning. cheryl casone. breaking news coming out of moscow. taking out the reelection

campaign of the press conference right now. getting russian media were opportunity to ask him some questions between us were there no political opponents in russia, putin went on to talk about economic improvements made despite a drop in oil prices and of course u.s. sanctions. lauren: pruden adding he will run as an independent candidate in march when there is an election. he hopes to gain support from other political parties in the process. let's listen in. by the way, last year this lasted for about four hours ago listening to but he is saying right now. >> translator: and in our budget. it's a combined version to learn about the future and we have children here in the central sector. they take part in the conference , so let us start one by one.

thank you. three years ago we had very gifted child. this is a joke naturally because in 2014, which is supported today we organized a wonderful band -- [inaudible] said there was a competition of the russian future and received essays from children on russia's future. on the 19th of january, the

federation -- now comes the question. we want to hear the answer from this gifted children about the vision and we can make it here on the 19th of january for those talented children in the military about position of russia's future. thank you for your proposal. my colleague will present the internet channel. can you please tell us about the way the government supports the talented children for culture

activists? is there an understanding in the future? also, such talented children from all over russia and what should the children do that are not less talented, but it failed cheryl: would've been listening to russian president vladimir putin's press conference and a lot of them have been about local politics, local issues to russians. we will monitor to see if he makes any further comments with russian alleged meddling in

syria, north korea to see if he does respond to this question. he is talking about children in north korea right now. conservative columnist eric mei affair. good morning. >> good morning. cheryl: to 17 years he's been in power. he's unopposed in "the wall street journal" had a great piece this morning about the fact it had been accused of meddling in our election has given him more power at home. >> i mean, this power has seen ironically russia passed the card internationally start to collapse on itself. so many sanctions as well as russia being pulled at the 2018 games. domestically, putin has continued to crack down and continue to act in a demagogue way towards the russian people and i think it's definitely very worrying because even though russia has certainly been very act it this past year from supporting the far right parties

in europe to our own country as well as military effort and i think despite the backlash, putin certainly is continuing to be untrue see a lot of lives in russian people and its attire a situation in regards to that. cheryl: this could go on for hours. he was in the middle east on monday. he has declared victory in syria. he's proud of the fact pressure has supported bashar al-assad. see your point, the economy in russia remains weak. how much longer can this go on? how much longer can you attain true power before the people of russia realize their own lives are not getting any better? >> that is the big question right now. putin has announced he is running for president again and he does indeed keep power at the entire time it will have been over in him keeping power in russia. i think eventually there must come a point when the russian

people think about this is really the kind of society you want to live in, one where we continue to have cracked down on free speech, on discussion where we don't have prosperity and international mh continues to deteriorate and i think eventually the russian people need to think about what kind of society they want to have in the 21st century. cheryl: it's interesting you mentioned the reputation abroad it obviously talking about the united states. putin and the chinese leaders have a fairly good relationship and that's what they really need to be dealt with effectively. >> it definitely and international cooperation and the idea was unchanging despite

this country in china and russia have serious questions what the government stance on the welfare and how different the political climate is in russia compared to year. derek reimer, we will continue for some monitor. also out of washington, they've cut a deal. house and senate republicans reach an agreement on a sweeping tax reform bill. president trump out that white house saying that they will deliver in a plan he made at the campaign. >> we are just days away i hope. you know what that means, right? from keeping a promise in delivering a truly amazing victory for american families.

the one he gave you a chat tax cut for christmas. lauren: the tax bill would be not just for families, that businesses who would give president trump his first legislative area. final votes in congress are set for next week. what about the democrats. they hold off on a final vote until alabama senator elect doug jones is actually seated. ceo jamie dimon speaking at an event in michigan who says tax reform will create more jobs. >> ultimately you can have a lot more capital reinvested here, but cumulative over time the argument we should do it now in the country's doing well is a huge error. we should do it in good times, bad times. cheryl: that's not all. on capitol hill introduced to

get the government up until the 19th. congress needs to pass a funding bill by december 23rd to avoid a government shutdown. lauren: an emotional moment between making mccain and joe biden yesterday. >> the thing i found and they'll insisted on coming or dad will insist on is you've got to maintain hope. lauren: she broke down in tears. why not create special counsel robert mueller knew about anti-trump tests between two of his employees back in july. so why are we just learned about this text messages now? ♪ the smart ones look to fidelity to find them. we give you research and data-visualization tools to help identify potential opportunities.

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cheryl: welcome back. minnesota satanic governor will replace outgoing senator al franken, even though he has yet to officially resign. democrat smith will go to a special election next year for the remaining two years of franken's turn. not clear exactly when she will take over. franken announced he would resign last week following an avalanche of misconduct allegations. pbs has suspended travis smiley's talk show after multiple allegations of misconduct by the host.

the network says an investigation shows the allegations to be credible. smiley flatly denies the accusation same pbs over react to conduct today biased and sloppy investigation. senator john mccain missing another day of senate votes after being admitted to the hospital. he's been treated in maryland for a quote or more side effects from his brain cancer treatment. the amount spent hours after his daughter, megan mccain, was comforted by former vice president joe biden during an appearance on the view. >> what would you tell people? it's not about me. it's about everyone. >> it is about everyone. one of the things they think blow my word was john. your dad took care of my bow. train to his son died in 2015 from the same type of brain cancer and that's what's

happening now. lauren: that was touching. deputy attorney general rod rosenstein grilled yesterday over allegations of bias plaguing the special counsel russian probe. >> this is unbelievable and i'm here to tell you the public trust in this whole thing is gone. it seems to be his guide to things you can do. you're the guy in charge. you're the guy that picked mueller. you're the guy who wrote the memo. you're the guy in charge. you could save a similar special prosecutor and do what we have all called for. look into this. >> is very difficult for anybody to find somebody better qualified for this job. director mueller throughout his lifetime has been a dedicated and respectful heroic public survey. lauren: rod rosenstein fiercely standing by despite text messages showing blatant anti-trump ice from inside molars team that were just

learning about. here to weigh in on all this this from this perspective, republican strategists chris for nightwing. good to see you in the flesh. we usually speak remotely. why you think rosenstein is defending molars so fiercely? >> can use to defend the justice department. he feels his relative taking initial action to do some big so there's no surprise there. we are now middle of december. by we just learning about this right now. >> they want to understand the information they requested more information. i think the concern is making sure they talk about the view of impropriety. we are looking at this and seeing fbi agents above the fray

essentially acting as the campaign volunteers. >> peter strzok and lisa page fehling to southern virginia wal-mart and i could smell the term support. all of the people who shop in wal-mart or no trust in this investigation, do they? >> no come and they shouldn't. however, these are two individuals in two particular people comment that the problem this is the fbi. that is important. when you talk about the fbi come you're talking an investigation about the highest offices in our nation. we need to have that faith. they have taken initial action the way to make sure this doesn't happen. cheryl: there could be collusion of the 10,000 text messages come in this one is getting the most attention. august 15th, and 2017.

peter strzok wrote to lisa paige, want believe the consideration and andy's office that there's no way he could select did but i'm afraid we can't take that risk. it is like an insurance policy in the unlikely event you die before your 40. we don't know this is amber mccabe, number two at the fbi. what is the insurance policy? this is in the geico policy. what is this text tell you? >> it tells me we should be concerned. it sounds like an abuse of power thing. obviously, there is a lot of. we don't have enough faith each day on the sprint to scrutiny on capitol hill is warranted or not just political. when you see things that can attorney general talking to a former president it's concerning and you read this and it continues to breathe oxygen into this concern. lauren: we are at a time, do you think peter strzok will be

subpoenaed? >> as possible. you should. trigger a second council point? lauren: thank you for the brevity. good to see you. cheryl: a lot more coming up. who is the most overpaid actor in hollywood? >> to all the friends in you. the star of the associated press. cheryl: it is not christian bale, but as i'm not less. we'll reveal who received an unflattering nod from "forbes." let us know if you're waking up in the northeast you may see the white stuff on the ground. fox senior meteorologist janice dean has the forecast. you are watching "fbn:am." these

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cheryl: that was mark walberg topping "forbes" list this year of the most overpaid actors. also when that's not really great list, coming in at number five, rad pitt brought in 1125 at the box office for every dollar he was paid. denzel washington also making this list at number four. he earned $10.40 for every dollar he was paid. number three channing tatum for $19.60. christian bale the second most overpaid actor brickman $6.70 for every backyard and yet, mark walberg coming in number one, the most overpaid actor. he returned $4.40 at the box office for every dollar he was paid. he took him $60 million this

year. lauren: i can't name a single movie he was in at the top of my head. trade just think i will skip daddy's home two. trigger the second time in four days there's been snow on the ground why this. before you had at the door lets get a look at the forecast. cheryl: janice dean at five in the weather center. he told us it was happening. >> could not deny. into the weekend. current windchill, pulled windchill, called outside of the lens especially if lens especially feels like 19 in new york, for in buffalo. 13 in pittsburgh, minus one in my cat. the is thinner and if you get the moisture, we will see some snow and that's exactly the type in right now. a quick moving system. origins come from alberta. fast-moving storm that could bring several inches of snow. still think potential for selling jersey in long island in new york inventoried pennsylvania will be ongoing.

by this afternoon it's out of the way. temperatures warm up a little bit, so 29 in new york by friday afternoon and we will see potential for another storm system this weekend. snow across the great lakes pretty nice across the southern u.s. and still windy conditions ladies and high weather danger for southern california. back to you. trade to janice dean, thank you, janice. lauren: apple battle reaching a whole new level. blocking out sam's song in the process. just in time for the holidays, amazon launches free same-day shipping because today's isn't fast enough.

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>> translator: freedom of press. lauren: that is russian president vladimir putin hold in his year-end news conference. the best in everything from pulling out troops in syria to his reelection campaign. cheryl: back at home, sealing the deal on tax reform with a vote early next week. the president says it could taken by february. lauren: three interest rate increases next year could be dabbling up 80 points. another hype it features up across the board. cheryl: in europe, all life on almost on the central bank and the bank of england. stocks over the lower ahead of those announced as. love her clothes in a ship. also raising interest rates. the shanghai composite down about a third of 1%. t-mobile, the latest company to announce they are watching a paid tv service.

competition on the sony -- youtube. the competition is on now. lauren: 531 on the dog in new york thursday november 14th. good morning. i'm lauren simonetti. cheryl: little friday. good one. almost there. i'm cheryl casone. lauren: russian president vladimir holden is discovered that last for hours. a rare chance for reporters to ask him questions. all of this coming a week after he announced he ran for reelection in march. true to putin says he's not going to be dragged into an arms race with the dead beats. russia will not back out of it commitment to conclude an arms

reduction treaty despite washington's leverage on the arms control treaty stay anonymous for the american people to do. they will monitor for any news that comes out of it. >> gop lawmakers reaching a deal on a massive tax overhaul plan. take a closer look and also talk about the timeline. he wants this in place but christmas, but what has to happen for that to happen. be that great question. the committee has to issue a report. everything we've heard has been leaks of messages come out. they need to issue the final report. the drive to of the bill be worked on simultaneously needs to go out. the joint committee on taxation

and to make it still in line with the deficit over 10 years of structure and, but the senate parliamentarian has to go through the bill line by line. the good news is the plan is to have that done by the end of the week if not monday so we can go to the senate floor for debate in both. trigger it is possible. my head is spinning with what they have to do. what we know right now. the corporate tax rate would go to 21%. a little bit higher than the president wanted. individual rates, the top rate goes down to 37%, et cetera. are you a optimistic this chooses the economy mp, when will the public view on tax reform get more positive? opinion polls haven't been so good. >> lauren come is so much in the press on both sides. a lot of spin coming from democrats and republicans than i

think that is what has the general public confused. you hear things like $2000 every sort of families net take-home pay and on the other hand you hear how it's going to be a tax increase for everybody. that has everybody concerned. it actually is very catalytic for the economy. two ways. business is knowing tax rate is down, knowing we will be competitive with other nations across the country has businesses excited and wanted to invest. the fact that corporate tax rate will be affect you for next year is a good thing. the higher marginal rate coming down is good, too because that cleans up the concern of the high tax states that the laws of the state and local deduction. lauren: talk to me about that. they will give some flexibility from a $10,000 cap not just on their property taxes but income or sales tax as well.

>> idea originally came out of california because california interestingly enough has managed to keep property taxes low but income taxes are high. the idea came from representatives in california and so the $10,000 limit allows you to apply to either income taxes or property taxes. it doesn't change things all that much as it relates to the housing market however, the flexibility is to give back that may not be buying any votes from numbers in high-tech stays, but i think it's good for the american people. lauren: we feel the pain. so good to see you. thank you. >> so good to see you. thanks. cheryl: wow, huge media deal announced today that hits home here at fox. lauren: tracee carrasco joins us of that top story and other headlines making news this morning. what's going on.

tracee: "the wall street journal" parent company fox business fabric expected to be announced today. the deal values the assets disney would acquire a $60 billion including the 20th century fox movie cable channels including sports networks and key international properties. lauren: t-mobile getting into streaming. >> joining the competition. t-mobile is the latest company to grow in the legal market. a streaming video startup will launch of the pay television service. it plans to launch its television offering to cell phone offering to sell phone and home internet customers nationwide next year. the service can carry all of their threes content which includes channels from 21st century fox, nbc universal and disney. mcdonald's has been trained

overseas. how is that going. mcdonald's tested at a meatless burger called the beacon. only available in one city in finland but did so well that will be ruled out to all changed in finland as well as sweden. they reportedly change the recipe about 100 times before it finally settled on one. no word if it will make its way here to the united states. i don't eat meat, but i don't know if i could eat that. tracey yu don't eat meat, but you don't know if you're interested in that. just add the burger. lauren: i would need it, but i eat meat. i do want to break in now because as we have been monitoring the breaking news situation from the russian is called in scotland this is what we hear from vladimir putin. accusations of trump collusion

damage the u.s. political system, so he is weighing in on report of russian collusion in the campaign election. we will continue to monitor. cheryl: about more news coming up. critics say "star wars" last jedi is out of this world. >> this is not going to go the way you think. we will tell you one of the biggest bands that get into this exclusive "star wars" party. interest rates may soon be out of this world as well. rate hikes yesterday usually bad for stocks. another record yesterday. we will explain. we will be right back.

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build a better website - in under an hour. free to try. no credit card required. gocentral from godaddy. lauren: good morning. welcome back to the show. president trump calling to congratulate doug jones after you defeated read more in alabama senate special election. moore still refusing to concede. >> this race has not how the traditional ballot. this has been a closer somewhere awaiting the secretary of state. lauren: this begins on december

december 26. apple invested $390 million to build a manufacturing plant in texas. what will they build? parts for communications with lasers used in the iphone camera. the mode block south saint-saëns and others in the premium smartphone. the latest "star wars" movie is literally out of this world. nasa can look at these images, we'll show them into the astronauts on the internet space station. they will receive it as a digital file uploaded from planet earth. they will watch it on their laptops are within onboard project there. i thought they would have something more fancy to watch it. but that's just me. cheryl: at least they get to see it, which is pretty cool. the federal reserve is expected raising interest rates for a third time yesterday. fed chair janet yellen and her last news conference and a lower corporate tax rate will boost the best name.

>> changes in the corporate tax side reduction in the corporate tax rate, expensing will lower the cost of capital and while there are a range of estimates and uncertainty about how much stimulus that will provide two investment in general, i will see some stimulus to investment. train to the ecb and the bank of england meet today. art hogan, chief media strategist during the now. good morning. >> at winning, cheryl. thanks for having me. cheryl: the growth projections for 2018. 2.5% gdp already getting redeemed for 3%. why by the fed being so, so careful with economic rejections? >> it's a pretty big increase at the last ever heard about economic projections they were

to play 1%. they're catching up to it's happening in the economy. granted we've had two quarters verified 3% come even if he went back to the previous 12 months closer to two then we are 3% right now. that is a step out. an increase in the economy. what is interesting is that rated the economy and the projection for interest rate stays exactly where it is set we. we will see who wins this year. cheryl: right now between one point to 5% at 1.5%. if you average out economic growth for the year, then fine. tax reform didn't even factor in economic growth in september for tax reform and now we are getting tax reform. don't you think projections are a little timid considering tax reform as it seems to have a lot of support from the overwrought analysts at most a community? >> undoubtedly, but the problem is to sit back and say this is

the gdp by x amount when we have seen the details. i'm certain that they'll raise their expectations. i'm not certain they will raise the pace with which they raise rates because they are competing against a couple other things are not the least of which is no sign of inflation. they will catch up with economic growth. they certainly have been behind that through the cycle. the difference being now we are seeing synchronize global economic growth so it's not just the u.s. in the tax reform will certainly be something that pushes that forward. >> the next time we will hear from the fed conference will be jerome powell and he will bring us up-to-date projections if you will. they are saying that the target of 2% inflation in 2018. i want to ask about that in the planet rated 2.9%. jamie denton has come out and said tax reform will create jobs. jamie dimon says one thing.

janet yellen says another. >> undoubtedly some job creation. certainly some economic growth. we are in the process right now and something we've been waiting for seven years and actively for 30 years in the history of the country to see what happens when we have tax reform and we are seeing the handover for monetary policy to fiscal policy. it's not as though we've got a good playbook but it's happening in real time. you're going to have a new fed chair is a graduate and consistent the lanes were in the direction of the lighter regulatory touch probably a positive. the one thing the fed should be talking about more if they went through an entire pressure called and 17 reporters, saying are you concerned about the flattening yield curve in janet yellen passed on now. sort of gave it away. keep an eye on the yield curve. doing a great job in the text, on a lot of growth.

train to the press conference will be a little bit dry, but it was nice to your finish out her tenure and move on to the next chief next year. art hogan, thank you, art. tranter with passports coming out. former patriot star returns to indiana and get the boot. jared maxwell not get booed when he makes his way to our studio. do-not-call them direct tax. they are not changing their name even though the internet said otherwise. you are watching "fbn:am." these might

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lauren: you know the shoemaker ross port apparently looking to

sell themselves. reuters reporting rockport exploring other options which include adding additional investors. here's the deal. many brick-and-mortar retailers additional stores could rockport is one of them struggling to cope with people shopping online and apparently not shopping for rock poured online. train to changing tastes in times or the washington redskins have denied rumors they would change their names to the washington red sox. the washington report native activists upload as news reports saying the team to change their name. redskin officials say they have talked to the nfl about this and that they are not changing their name. lauren: to the sports themselves, lee angelo ball is really painful after all for president trump getting him out of trouble in china. train future advances the story.

>> a story about fake sports news to a fake apology apparently appeared in angelo ball doing a radio show yesterday. the breakfast club. he was there with his father lavar. when it came up about his recent press conference where he thanked the president. he made it clear that it wasn't his idea and was heavily on board with it. check this out. my school wanted it here, too. before that there was like you got to thinking so i just threw them in there real quick before i gave my speech. if they didn't tell me to do what to do it it wouldn't have been in there. would he still be in china, though? indiana pacers booted last night didn't even include him in the all-time pacers video. receiving from russell westbrook or finish up a triple double last night beat the pacers 100-

95. they scored 33. celtics beat the nuggets for the houston rockets last night winning their 11th game in a row. houston rockets continue to roll. nfl commissioner said at the august meeting steadily picked allegations of misconduct at the nfl network or a serious leak in the league is investigating another pro football hall of famer named in the lawsuit by a former wardrobe stylist, warren sapp says the allegations against him are, well, warren? >> weight, weight and the weight of a sexual harassment who got harassed. like wait a minute, and then i am reading it and i'm like what in front of you? >> comparing the miami marlins

to paying the rent of the building. all-star steve already traded to miami star power deals all-star left fielder to the same the detroit tigers to the los angeles angels. generally students for penalty killed. the one in friend in new york amid ice. pick a survey from way downtown. taking a three if nothing lead. >> 7-1. the final score last night. lauren: makes it look so easy. trend du jour at max from a jury. lauren: catch them on fox's headlines 24/7 channel 115.

cheryl: a lot more coming up. the european central bank and the bank of england. we are going to get a preview from london. trendsetting. ♪ fidelity. open an account today.

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conference from vladimir putin happening in moscow. he has addressed saying that russia's putin says what is happening in north korea is good. u.s. provoked that we provoke north korea into violating agreements. vladimir putin standing strong with north korea appeared tranter we are getting all the spy via translation we continue to monitor. let's talk about what happened with the federal reserve yesterday. they did raise interest rates for the third time this year. european central bank as well as the bank of england hold their meeting today. with the gold from "the wall street journal." what can we expect? >> good morning. the european central bank is still really far off from raising interest rates through the markets betting that will not happen until 20 night team. the big questions here or will we get any more of a hint as to when their massive bond purchase

program will finally end? we know it's going to at least september. what their projections are for growth and inflation through the year 2020. bank of england very recently acted, so not expecting too much on the policy front that will be very interesting if we get any sense of what they need through the recent brexit development and what that could mean for the u.k. economy. very busy day nearer. five central bank meeting if you also look at the swiss central bank is something going on in norway and turkey. a lot of central bank action today. lauren: called the big bank meeting. bases in central bank meeting. i make it a joke. >> thanks for having me. lauren: thought it was funny. thanks for joining me on this little friday. maria: maria, where he now calls a little friday. maria: that's good. little friday.

many friday. lauren: friday eve. maria: good morning. happy thursday. thursday, december 14th. napster is now 6:00 a.m. on the east coast. house and senate republicans reach an agreement in principle to overhaul the tax system. the main point lowering the corporate tax rate to 21% cut in the top individual tax rate to 37%. president trump at the final push to get this deal done. >> we will never let bad things happen with respect to the economy of our country. america is coming back bigger and better and stronger than ever before. we stand on the verge of a new economic miracle. drain to the very latest is the president promises a tax cut leading to bigger pay cut for americans by february. the prospect of f