"strange inheritance." and remember -- you can't take it with you. [ singing continues ] >> breaking news this morning. president trump at the united nations right where it hurts. /in almost $3 million in funding over a decision to vote again moving israel's -- moving the embassy to israel's capital. we'll have the details on the country following president trump's footsteps. spin that president trump delivers his first christmas message ready to get back to work to make america great again. >> pass extends its holiday vacation extra work leaving a little time for congress to avert the next government shut down. what they need to tackle when they get back to business.

lea: shanghai leading the way up 1%. >> here in the united states, will we see the stock market futures right now the dow futures not terribly down to 16 points. s&p 500 futures on change, not to than six points. lea: america dreaming of a white christmas got there wish of a thousand taking off from a strong winter storm. what you need to know before you leave the house. "fbn:am" starts right now. ♪ will >> 5:01 a.m. in new york on december 26. good morning fellow insomniacs. i matter and should peer casone. lea: good morning. i am transferring for lauren simonetti. did you have them good christmas? my cousin poured.

lea: latkes import. i hope that you all had a wonderful holiday as well. breaking news this morning. successfully negotiated a significant cut in united nations budget. u.s. ambassador to the u.n. making daily with the inefficiency and overspending at the united nations are for the 2018-2019 fiscal years $285 million last than the $5.4 billion budget for fiscal year 2016-2017 days after the u.n. general assembly voted in favor of a resolution demanding the u.s. rescind its decision to recognize jerusalem as israel's capital. adam: voting with the united states against u.n. resolution in guatemala was one of them. the central american country announced it will move its embassy in israel from tel aviv to jerusalem.

israeli prime minister benjamin gagliano thanking them for the decision but said guatemala is on the wrong side of history. lea: president tried keeping the heat on the fbi, lashing out at fbi direct your anger became his wife received political donations from terry mcauliffe political action committee under 2015 senate campaign. virginia state's reading this. fps andrew mccabe in addition to his wife getting all of this money clinton puppet was using allegedly as fbi e-mail account to promote her campaign. obviously cannot do this. these are the people investigating hillary clinton. trump also sending mccabe says he plans to retire next year. testified on capitol hill and possible ties between the term campaign to russia and the fbi investigation into russian election meddling. adam: on a lighter note i intend

to stray christmas here it is mar-a-lago state in florida a few president trump and first lady melania trump released a video message wishing everybody a merry christmas. he also served up a feast to hundreds of law enforcement officers to protect the first family as president and the president took time to hit later saying i hope everybody is having a great christmas and tomorrow it's back to work in order to make america great again, which is happening faster than anyone anticipated. adam: the president back to work today. the house remains out of session until january to extend its break for a week. lawmakers returned to find a long list of unfinished business. joining us from the missouri state senator john loudon. nice to see you. >> great to see you, too. lea: what should be the immediate priorities when lawmakers can talk to work? >> obviously they've got ticketed budget put back

together. a lot of americans frustrated with the additional funding the pentagon is asking for. they wonder how the troops. that is going to be huge. also reforming entitlement. those are the two big on cinemax. one versus the other getting the budget january team that's going to be a huge challenge. >> entitlements or will be a big challenge because it will be arguing over which way to go on now. what about infrastructure spending? before you left the white house, potentially something done on a bipartisan way. what do you think? >> absolutely. infrastructure is really exciting because we've got bipartisan agreement. everybody wants things done. it is not only the assets that you are building, but the jobs, the training of the next generation of workers.

there's a stimulative effect effect for the broader economy. bipartisan agreement on a solid stimulus infrastructure project will be exciting for the country. i see both sides coming together on something really super cool. lea: is certainly have a positive positive outlook. they want to work in bipartisan way when the senate returns for a slimmer majority. the question is will it come together when you talk about things like infrastructure and the people who are deficit hawks. i want to bring up daca. is there a way people can reach across the aisle and develop a bipartisan relationship again? >> at the president gets his mobile, border security, it will be harder for him not to approve some kind of accommodation for the children brought in by their

parents illegally. there is however a whole lot of problems in that program, no doubt about it. there is going to be a steady draft of children, deferred action children, not the children of what we are imagining. a lot of them are on welfare. these are not college kids. summer for sure. there are a lot of them coming out of high school and on public assistance. this is not the pretty picture everybody wants to pay for sure. >> it really is him. when bringing republicans and democrats together, the president of obama border security. is that something a sticking point they could difficult to bring legislation passed. >> i think it's a sticking point, but let's not forget building a wall that is construction.

the border security is not just a wall. it is technology and additional staffing. the portion of that that is construction spending that will be part of the infrastructure package will fit and be appropriately and not peace. the president can get most of what he needs is part of the infrastructure package. he will have a stronger hand going after the portion about daca. lea: one of the things that didn't get done is the disaster relief package in the house. the $81 billion disaster relief but it didn't make it through the senate. people in puerto rico, texas come the caribbean related somehow. do you think this'll be a priority here and i've ring that being on the sidelines when members return to congress? >> well, the congress loves disaster relief generally speaking.

it is hard to look at people struggling in any state that say we are not going to provide what they really, to offset the affordable images you're seeing. those are powerful and we are not going to help out whether it is the puerto rican mayor complaining about people dying in the streets however exaggerated. those things are again trying to d.c. at the end of the day to bundle to gather and let everybody pat each other on the back as desperate needs. so i do see a package coming together in disaster relief. lea: a lot of people are waiting for that. we'll see you soon. >> thank you. adam: an angry passenger demand in a written apology after the passenger claims united airlines gave her seat, a first-class seat to a congresswoman who happens to be a democrat.

the latest on the incident rock in the friendly skies. many in the midwest and northeast saw white christmas, but now they are fighting bitter cold temperatures and a blizzard. fox meteorologist adam klotz will be here with what is next. you are watching "fbn:am." the

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>> welcome back. it's back. it's good to cut up on what's happening now. north korea demanded washington provide evidence to support the claim that pyongyang was behind the rant similar attack on north korean non-boy at the u.n. saying the u.s. is using the accusation to create an extremely confrontational atmosphere. the meantime, the secret service has interviewed someone claiming to deliver a gift wrapped package of horse manure address to treasury secretary stephen mnuchin. the box was found at the neighboring los angeles good lucky guy. britain's royal navy shouted a russian warship to the north sea new u.k. waters on christmas day. some -- not immediate but clear off some are traveling there amid sour relations between written in russia over allegations that moscow metal than britons voted to leave the european union. the passenger claiming united

airlines gave her first-class seat to democratic congresswoman sheila jackson lee. the passenger treating coming that it has not apologized to me on december 23rd a local level employer call centers said he was sorry on the found that the voucher or citrus united i.d. of compensation for canceling my flight and giving it to ms. jackson lee. the airline gave a $500 travel voucher to that passenger. >> a scary moment for jetblue for boston's airport last night after the touchdown that slipped in skidded on some ice skating up the taxiway spinning 180 degrees before coming to rest between two runways. fortunately the passengers were safely evacuated and taken to the next line terminal. >> a lot of people miss missed knowing how for this know will not impact the millions heading home today from their holiday

celebrations. adam: adam klotz is here with your forecasts when they get home all safe and sound. >> i hope so. a lot of the widespread snow backing off a little bit. there are a couple eras we will see. isolated, but everything downwind of the great lakes, specially anterior areas where we can see several more feet of snow ball all surrounding the region going to continue in no surprise here. just surrounding blake michigan over in michigan from a large areas got advisory stretching up and down the coast for more snowfall will continue through the day, areas where travel might be a bit of a problem. otherwise, absolutely frigid across the country. glad i don't live there. getting up close to negative 50. settling down into the continental united states. plenty of areas where it's got really cold across the states as

well it feels like negative 28 chicago. fargo feels like negative 34 degrees. 26 degrees, winter is definitely here. >> adam klotz, thank you. speaking of the cold weather resulted in plenty of occupied seats in theaters this holiday weekend. "star wars" the last jedi of the strongest force at the box office. the film pulling in another 100 million year, topping 700 million worldwide and its sequels. jumanji, welcome to the jungle came in second with 52 million of the third installment took third place a $25 million. the greatest showman missing the mark making just 14 million.

ferdinand took fifth place with 937 million. another one that didn't do so well was not a men's downsizing the 7 million with production costs almost 10 times that amount. adam: when you go to see jedi, pay attention to luke scott walker. those of you i see that you understand. you haven't seen it yet? lea: habit. i will have to take my parents to see if he coming up, and taking investors on anything other than a wild ride this holiday season could decrypt the currency to bounce back after last week's brutal selloff. you are watching "fbn:am."

lea: it's been a rocky time recently for bitcoin gear. jason burstein and the cofounder. nice to see you. spin magnets to see you. thank you. lea: what is your outlook? we obviously saw the pullback over the weekend. up a little bit this morning. that's to be expected. people stocking away some extra earnings over the holiday season. a lot more volatility in the rise of alternative trends. >> the features radar trading higher. would he see as the reasons behind the current reasonings? >> when you start from a thousand end quote to one year, people will take their gains,

specially headed into the end of the year. whether it is bitcoin address that classes will be volatility or 2017 was complacency. whether it is bitcoin, equities or bonds. lea: or overall athletic country equity market, the other crib of currencies and what are your thoughts, or stable? >> they could be. from an alternative currency did, clearly for new currencies fill some of the gaps that bitcoin has. block chain is something that is here to say, but from a currency perspective it's still out. >> u.s.a. in 2017 was the year for complacency but that 2018 would be to your volatility in nearly every asset class. would you go into debt and explained? >> 2017 we didn't see it go over

in 19 throughout the whole year and that's really the historical average. whether you like i'd treasuries in the yield clerk flattening inequities at all-time highs in multiples at all-time highs come you're going to start the season pullback because corporate earnings are good, jobs are good, but there is some consumer leverage at all-time highs and like i said, i'm concerned about an argument of why it is in a couple different cases. i'm not saying the bull market is over but it's a little long on the turns and is a good time to do it. >> would you recommend in terms of protecting your portfolio while still earning. >> we see a really efficient strategy of adding structure to the portfolio because what they can do is give you a level of downside protection while still

participating in the market can you get some income along the way which is nice to restock the bank accounts after the christmas and holiday season. it's always good to have a little more income in the the portfolios are not what they can do to you or for you while adding downside investment protection. what i always say if some people say it's early. early usually means wrong. you have the comfort of the downside for still being able to participate if the market goes up. lea: which sectors do you like right now? >> far as i'm more focused on reaching. i'm neutral in the united states come up positive europe, if you look at a sector to and there's some interesting things that banks are working on nonprofits are getting better.

if you want to look at a regional perspective europe. that's the area of opportunity. lea: jason burstein not commit thank you for your insight. adam: coming up, president trump and united nations right where it hurts in the wallet. the latest in a $300 million cut. after trading bribes to lawmakers, rosie o'donnell's dull not feeling the christmas spirit after the republican tax reform but tree. her ridge's new attack. if you are watching "fbn:am". ♪ ♪

(news anchor) downtown traffic is still bad. expect massive delays. (news anchor 2) all lanes on highway 50 remain closed at this hour. (news anchor 3) the stats are in and this city leads with some of the worst traffic, with the average driver sitting in gridlock the equivalent of three days a year. for every hour that you're idling in your car, you're sending about half a gallon of gasoline up in the air. that amounts, over the course of the week, to about 10 pounds of carbon dioxide. growth is good, but when it starts impacting our quality of air and quality of life, that's a problem. so forward-thinking cities like sacramento

are investing in streets that are smarter and greener. the solution was right under our feet. asphalt. or to be more precise, intelligent asphalt. by embedding sensors into the pavement, as well as installing cameras on traffic lights, we will be able to study and analyze the flow of traffic. then, we will take all of that data and we use it to optimize the timing of lights, so that traffic flows easier and travel times are shorter. and sacramento is just the beginning. with advances in cameras, sensors, and network speeds, we have the ability to make cities smarter, and happier. what excites me about this technology is that we're using some of the most cutting-edge machine-learning, and ai, to help solve the most fundamental challenges that cities face around the world. who knew asphalt could help save the environment?

(lani) and the possibilities are endless.

lea: breaking this morning. president trump at the united nations where it hurts the wallet. quite a splash in 300 million of funding over the decision to vote against moving u.s. embassy in israel to jerusalem. we'll have details on the countries following in trump's footsteps. adam: president trump delivers his first christmas message. he's ready to get back to work in order to make america great again. lea: checking stocks and a show pitching and leading the way up 1%. [inaudible conversations] united dates are hoping to see a santa claus rally to end the year. stock market futures right now pivotal change in the last hour. the dow is down 17 points. s&p 500 and change.

the nasdaq will open for business in three hours. lea: we will indeed good can you believe it's almost time to ring in 28 team. the biggest moments from 2017. "fbn:am" continues right now. be smart adam: 5:30 on december 26. and for cheryl casone. lea: at i am lea gabrielle and four lauren simonetti. adam: successfully negotiating a big cat in the u.s. by jay. u.s. abbasid or to the united nations nikki haley said in a statement, quote, the inefficiency and the united nations are well known. the new budget for the 28 teams-2019 fiscal new year is blasphemous ipad $4 billion budget for fiscal year

2016-2017. this comes a few days after the general assembly voted in favor of a resolution demanding the united states rescind its decision to recognize jerusalem as israel's capital. meanwhile, guatemala announced it will move its embassy in israel from tel aviv to jerusalem. guatemala was one of nine countries that voted against the u.n. resolution. >> rosie o'donnell sending a warm christmas message for house speaker pauline comedienne tweeting paul ryan, don't talk about jesus after what you just did to our nation. you will go straight to. you screwed up fake altar boys #judith munge. harsh words in response to a christmas message for ryan days after the gop successfully passed tax reform. just last week made headlines when she offered cash prize to

republican senators jeff flake and susan collins on twitter for them to guard against attacks failed. >> california legalizes recreational marijuana on january 1st to invest in the first et add for marijuana stocks. you can do that starting today. for a blogger who was the seven figures. thank you very much. first i was unaware of companies that are publicly traded stock in it seem a little risky technically under federal law marijuana is illegal. are they taking a big risk of isaiah to an etf investing in companies other than make recreational products for medicinal marijuana projects? >> definitely risk in the united states because of the federal status is what it is. one of the hottest ghost stories of 2017 men going into 2018

investors wants some exposure and etf can provide a way for them to just have diverse holding in marijuana space announced the next dozier to this growth story. >> with the potential attorney general say he's against legalized marijuana whether it be medicinal or recreational. i'm not sure where the fcc would stand on the thing. companies that deal with marijuana have issues with banking because there are banks that do not accept deposits from the proceeds of their sales. >> public support being what it's been and it's growing stronger all the time in favor of legalizing medical and recreational. more and more states taking measures on their own. that's potentially a $5 billion

market. what it's going fully legal, and you've got new jersey might be the next to topple over with the new governor possibly signing legislation next year. and then you've got other states that have been legalizing and implementing state-level legislation. for now just sessions is muzzled. congress has been passing an amendment periodically that does not allow him to go after these companies internally and the days. but the state level that they're not going to go after them. but remains to be seen is if marijuana is going to be rescheduled that the drug enforcement agency will pass some sort of legislation not i'll finally have some sort of legality that the federal level. for now it is booming at the state level.

there's some hindrances just because it's not fully legal like you mentioned. see huge growth story regardless and it's going to be, you know, an industry more of a multiple of what it is today. adam: i'm going to interrupt you. the figure is something that 26 early in dollars is at industry will be by 2020 could do that? as will the federal government get back into adam: regulating crackdown. it would seem to me that what argument which you may to someone who might be willing to take this risk as to why they should not be concerned about just sessions. i think orrin hatch has been in favor of the past for less restrictive marijuana laws. the issue that things in states that do have legalized marijuana still don't accept the deposits of the company is operating legally. how do you get over that hurdle if you're an investor?

>> well, it is bad on the tax side, raises the cost of doing business because there's a lot of costs going on. it raises risk, but the industry as a whole has gotten so big it's hard to fathom they are going to crack down on it and shut it all down at this point in the u.s. and i think it's got too much momentum at this point. there will be an ongoing concern. adam: i think there's a lot of people betting you are correct. i'm not a betting man but i wish everyone who might take far whether the etf for investing in legalized marijuana the best of luck to stay tuned because jeff sessions is interested in what you are investing in. all the best to you. >> same to you. lea: coming up, the biggest challenger vladimir putin has ever placed is barred from running the presidency.

all this time to ring in the new year. 2017 has been a wild run from trumps not duration to the meat to movement. a look at the top stories. take a look at u.s. stock market futures soared by 2017. s&p unchanged, lured by seven. you are watching "fbn:am." ♪

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treated to welcome back a day for the music and film has come to a close. >> i've flits, i float, firefly. ♪ heather menzies who starred as the recent von trapp in the 1965 movie the sound of music died at the age of 68. she was 15 when she played the machine bs believes that. she died surrounded by her family on christmas eve just four weeks after she was diagnosed with a form of brain

cancer. central election committee said opposition leader elected in a bombing is ineligible against president that america can do in the march 2018 election due to his criminal record. the local critic of putin is known for exposing alleged corruption within the election government. now calling on his supporters. he is also called by the russian government has criminal convictions politically motivated. the mayor post page six is reporting that anti-sexual harassment rules for nbc employees following the firing of matt lauer. according to page six the details guidelines restrict sharing taxis, and taking vegan steak houses that have been proper hunting techniques. staffers are required to report on any appropriate relationships in the workplace where they could be fired, too. that is what is happening right

now. trade great nbc sexual harassment scandal. as we begin the countdown to a new year, we look back at the biggest stories of memorable moments from 2017. shepard smith takes us on a trip down memory lane. >> a new president took office by powerful men fell as a man came to say me too. those stories and more dominating the headlines in 2017. the year started with a big change in washington. do not duration of president donald trump. >> the people became the rulers of this nation again. >> the next day, millions protested the new president as women's march across the country. the biggest single day of demonstration in american history. the president confronting north korea after the test firing of its first intercontinental ballistic missile.

the north testing its most powerful nuclear weapon yet, a hydrogen bomb in launching the missile that scientists say any point in the united states. in may, president trump fired james comey that led to special counsel robert mueller to run the investigation into russia's election meddling possible collusion of the team trumpeted the investigation led to the indictment of the trump campaign chairman paul manafort and the former campaign aide rig. also, former national security adviser general michael flynt pleaded guilty to lying to the fbi about his contacts with the russian ambassador he's now cooperating with the special counsel. charlottesville, virginia became the scenes of deadly demonstrations. and then plowed his car into a crowd of people demonstrating against a white nationalist rally until the woman. americans continue to recover from three three devastating hurricanes which had during the end of the summer.

first, harvey slammed into the u.s. as a category four causing destruction to the texas coast. >> we are just beginning the process of responding to this story. >> burma, one of the strongest of anti-hurricanes on record saying florida and the caribbean with devastating range. finally, hurricane maria carving a path of destruction through puerto rico, killing dozens of people in wiping out power to the entire island. october 1st, o.j. simpson walked free after spending nine years behind bars following a robbery in las vegas. just hours later in las vegas, the deadliest mass shooting in american history. 58 people killed and more than 500 wounded when a gunman fired into a crowded country music festival on the las vegas strip. still no word on his motive. a month later, another deadly mass shooting.

25 people died including a pregnant woman during a sunday church service in southerland springs, texas. the deadly shooting at a place of worship in american history. >> .the violence will break our spirit or diminish the face of the american people appears that the legendary hollywood producer harvey weinstein lost his job and so much more after dozens of women accused him of harassment, assault. john conyers, et al. franken announced the resignations and then worry more and the alabama senate race. women accused him of harassing and assaulting them years ago when they were teenagers. more lost a special election to the democratic opponent doug jones. finally, in the house and senate passed separate tax bills calling for the largest overhaul of the american tax code in three decades. looking ahead to the midterm elections coming up, the whole country waiting to see if voters

will reject president trump. also keep a close eye and tensions with north korea and the latest misconduct allegations. we will be here for all of it. in new york from the shepard, fox news. adam: 14 minutes until 6:00 a.m. pittsburgh steelers drop a lump of coal that texans talking. an acrobatic touchdown some are calling the catch of the year. in arizona cardinals star heartwarming christmas message for senator john mccain as mccain continues to fight brain cancer.

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during the welcome mat. arizona cardinals star larry larry fitzgerald with a special letter to john mccain this christmas it considers himself a friend of the center and offered words of encouragement in an open letter published by "sports illustrated" speaking of his bravery this star said he saw the snow in north vietnam where he was held as a prisoner of war. fitzgerald writing the sacrifices john mccain has made for our country and especially the men and women he served with in the military are incredible. senator john mccain finds himself in a battle. i pray he lives another 20 years. the 81-year-old returned to his home state of arizona to go

under treatment for cancer. john mccain truly a hero. adam: well respected and honored on capitol hill in hoping and looking forward to his return in the new year. lea: tot tempers his family as he undergoes his treatment. trade to a hearty buffet of games to watch. lea: jared max at the highlights. >> happy day after christmas. just over 37 years since they played in super bowl 15. wagers the neighbors got together in philadelphia and while he may be done for the year with a torn acl, he can actually try for a sudden nothing made. game tied derrick carter is the fake carjacked intercepted by ronald darby to win the game by jake elliott 48 yards in the eagles return to fumble for

another score. philadelphia third team into clinches the number one seed in the nfc night team-10. houston texans the younger hopkins. the juggling catch got to be the prettiest three-yard touchdown in nfl history. the ball goes down in hopkins pulls in the score. they lost 24-thinks that the first round of the playoffs. pittsburgh goes to 12 and three in the texans fall to four and 11. double feature at the nfl and make the couple had during the last three nba finals. warriors hosted the cavaliers and is a great game back and forth. kevin durant goes the other way with the mvps score them came up huge stopping lebron james in the final seconds of cleveland on three. no foul was called.

golden state wins by seven. after the game approached her reporters who were letting him know how folks on twitter say it should've been a foul. listen to what the warriors star had to say in return. >> a bunch of those dudes on twitter arguing about the 24 hour fitness that wasn't a foul. they died in that position before, but not in christmas. >> nobody wants to hear from the gallery. the brian disagrees completely. the foul was layton. russell westbrook 31 points. thunderstruck the rockets won 12-1 to seven. do your key x second christmas day game have now lost five in a row on old saint nick's big day. 25 planes 16 rebound beat new york by six.

>> trento in america in the cleveland not the cavaliers. liz claman will appreciate this. 20 are sent they came back to cleveland and they can't turn it around. why not? did you know the people in the north coast. >> zero in 15. a lifelong minnesota vikings fan. i feel like my team is that the chicago cubs of the nfl and has a chance. with all due respect to the cleveland browns fans, you've had a chance to watch the indians play well. what is amazing is they want to keep their head coach u. jackson after 31 straight losses. >> i love cleveland i lived there for 20 years. that's like they can't get a break. i was there when they came back and you would think 20 years later they would at least have a winning season.

>> had gone through three different quarterbacks. lea: a lot of people have a little time this week. they came to watch this week has been a college that is what it's all about. we have the playoff seasons. a handful of all games today and then every day going up to the big one of the year. >> thank you, jared max bid sports reports on fox's headlines 20% and sirius xm channel 115. but take a look at the markets ahead of the opening bell on wall street. the rally this year. we will see. you are watching "fbn:am." stay with us. ♪

lea: welcome back. u.s. stock market futures ahead of the opening bell point to lower opening. dow futures by 19, nasdaq futures by a. traded stocks in asia right now as well. markets have closed in the shanghai was up almost 1%. bk hang seng closed today. kospi catastrophe present. adam: a look at oil and gold right now. so were by 3 cents at $58.44.

every $3.70 at $12.82 a troy ounce. nice to be here this morning. lots to talk about is he going to do speak after christmas an elastica 2017. adam: a lot of investors wanting to look at the santa claus rally santa claus rally come up with a push over 5000 on the dow. think it will happen? lea: think it will be flat. adam: i think you are accurate. i think we look think we would've to rally rally a lot of people are getting on. 2018 will be a big year. we are excited about it. wonderful to be with all of you on this tuesday going into the new year. my name is trained for without unprivileged turn it over to markets with maria. cheryl casone in. >> hey, atom time you great cheryl casone. thanks so much, good to see you and good morning to all of you. i am cheryl casone a thing for

maria bartiromo. tuesday, december 26. top stories at 6:00 a.m. eastern time. making good on a promise. only $300 million from the united nations budget condemning president trump's plan to move the u.s. embassy in israel to jerusalem. the president to reevaluate spending back in september. >> the united nations for a regular budget has increased by 140% and has more than doubled since 2000. we are not seeing the result is mind with this investment. >> we have an obligation to demand more for less than tennessee investment fails, we have an obligation to spend our resources and more ways. dream to what the decision to defend the u.n. will be for international