tv After the Bell FOX Business February 28, 2018 4:00pm-5:00pm EST
4:00 pm
for the markets. food to see you liz. liz: got to see a 500 plus point swing for the dow jones industrials. [closing bell rings] dow losing 375 points. nasdaq losing 50. that will do it for us. now "after the bell." melissa: more market whiplash heading into the close. the dow dropping around 2:30 eastern this afternoon, kept on falling into the close. we're seeing big moves at the end of the day, logging more than 500 point swing from session highs to low. this is indicative of the stock volatility we've seen over this very rocky month here on the last day of february, the worst month for the dow and s&p since january of 2016. i am melissa francis. david: all because you were on "outnumbered" with me today. that is why. that was the problem. i'm david asman. glad you could join us. bad news in the markets but a lot to talk about.
4:01 pm
let's go straight to nicole petallides on the floor of new york stock exchange. nicole i'm thinking a hangover from what fed chief powell saying about overheating. i don't know or not. >> people are talking about the fact that they thought our jay powell, new fed head, had somewhat of a hawkish tone that would mean three to four interest rate hikes this year. we'll see more in march. that spooks investors a little bit as we see yields moving higher which would be likely. mortgage rates are creeping up. that is a new environment but all because of a better economy and rising wages and things going in the right direction. we have very volatile market. that is the kind of market we're in right now. looking at the dow finishing at the lows of session, tacking on to 300 point loss yesterday. friday, monday, we were up 750 points. so it is back and forth here. there is a look at s&p 500 down 1.1%. nasdaq also dropping for the month. all of them are laggards for the month.
4:02 pm
the dow is down about 4%. oil in part is big weigh. oil is back above 50. took down names like chesapeake, exxon, chevron. weekly numbers in oil. we take a look overall for the month of february, how we did. as i noted, the dow down 4%. nasdaq down 2%. sap 500 down 3.7%. obviously now we're in negative territory. our biggest selloff here since 2016. our worst february i believe in many years, maybe since 2009. i have to double-check that. you can see here the dow, the for the month, walmart, 15%, exxon 13%. it has been a tough february but maybe march traditionally a little bit better. back to you. david: it will be warmer anyway. nicole, thank you very much. let's bring in today's panel. jonathan hoenig from capitalist pig hedge fund and scott martin,
4:03 pm
kingsview asset management, both fox news contributors. scott, i was hoping with trump era we could evade the oracles from the fed, they certainly caused trouble this week. dartmouth college economics professor saying they're chasing shadows, referring to the fed. there is no inflation. there is no wage growth. what do you think? >> david, i would agree with you in large part. there is some coming on but definitely not this panic area all all of sudden the fed has to go on crazy interest rate hiking pilgrimage. the reality is this, i agree with a lot of things they're saying in the show. probably more or less a good thing rates tick up to get back to normal. frankly if we were still printing all this money, i know we're racking up a lot of debt, but debt unwillingly not spending on american consumer, american business, this would be a lot difference of a picture. through this month, not biggs of a deal, i would get the shopping
4:04 pm
list on another day like this with cash on things you want to buy. david: that is optimistic view on things. jonathan, what made me pest mick on powell, we hear the term overheating. that kills melissa and me when we hear that term. overheating economy is too food. i don't think the economy can be too good. >> there is unlimited amount of wealth can be created. when it comes to the federal reserve, unlimited amount of wealth can be destroyed. to your point at least the stock market doesn't seem to be buying it. two days in a row the market closed right at the lows of the day, what worries me internals, the brett. 150 new 52-week lows today. only about 85 new 52-week highs. yes, sir, apple, boeing, amazon doing well but a lot of stocks don't seem to be buying what powell is selling. given the fact we had 4% drop as nicole said, worst drop in 11 year this, is the reason for concern. david: clearly powell affected
4:05 pm
market. i wonder if the market could affect powell? the fact that the market is done may speaking the fed maybe we'll just do three hikes instead of four? >> david, seems like these days with the fed they could be pushed one way or another given anything the market does. we have seven meetings. do interest rate hike at half of them and flip a coin whether they hike or not, as long as data is still good, that the fed is hiking rates. we need to get semblance on normal. the market will look attractive given some rates. that is fine given we might have trouble in the meantime. david: quickly, jonathan, the gdp numbers disappointed that doesn't insure the fed will not raise rates four times but kind of indicates three's enough. >> well, david, if inflation starts rolling in as many believe it will,
4:06 pm
katy-bar-the-door for rate hikes. were those commodities, grain inventories up, gain stocks up, this is story that continues to change. most investors should take guard. david: jonathan, scott, glad february is over. thank you, guys. appreciate it. melissa. melissa: president trump just wrapping up a meeting with bipartisan group of lawmakers on gun violence and school safety. you can see they're piling out of the room. what is remarkable about this session it, was both democrats and republicans and they seemed to actually be getting things done. i know, don't fall off your chair in shock. they were making progress and agreeing on a bunch of stuff. blake burman live at the white house, with latest on this. blake, the president really seemed to be building some consensus about what could possibly get 60 votes and, that they could get something done which you know, would leave us all in shock. reporter: opening remark from the president, this is now the time to act. president trump convening these lawmakers, keep in mind, this
4:07 pm
comes on heels of the meeting with students from parkland here last week. state and local officials last week. this is really the tail end of it, with the president getting involved with 17 lawmakers, 10 republicans, seven democrats, saying hey look, we need to come together on a select group of issues that can get 60 votes. i tell you what was also remarkable, melissa. was that the president challenged at multiple points within this discussion republicans in that room over their allegiance to the nra. the president at one point saying that he, or at least suggesting, that he supports raising the age of long gun ownership up to 21 years old. the president wants to give it, quote, very serious consideration. the president acknowledged that the nra does not support that position and at one point he challenged the republicans in the room saying they are in this room petrified of the nra. listen to this exchange with republican senator of pennsylvania, pat toomey.
4:08 pm
>> i'm a big fan of nra. these are freight people. these are great patriots. they love our country but that doesn't me have to agree on everything. doesn't make sense i have to wait 21 for a handgun, i can get this weapon at 18. i'm curious what you did in your bill? you don't dress it. >> we didn't address it, mr. president. >> you know why? you're afraid of the nra. reporter: afraid of the nra the president says. he is for tightening up the national background system. how far to cast the net what remains up for debate. one thing that house republicans want to do is allow for concealed carry across state lines to be included in that bill. there was a conversation with congressman steve ask lease -- scalise, a shooting survivor a recent shooting survivor, the president told the republican congressman to shelf that idea, conceal carry along state lines
4:09 pm
another day. >> if you put conceal carry into this bill we're talking about a whole new ballgame. i with you, let it be a separate bill. if you add concealed carry to this you will never get it passed. reporter: president, melissa, david, expected to announce a series of proposals in response to the stoneman douglas shooting. among them fixing the fbi tip line and removing handguns from people if they use those guns to harm themselves or others. melissa? melissa: here is michael goodwin, "new york post" columnist. doug schoen, former president clinton advisor, they are both fox news contributors. those are good snippets what went on in the past hour. you saw the president, number one having cameras in there, so you could really see the back and forth what was going on. and asking one side, okay, so you want stricter background checks. that seems reasonable. we need mental health. what do you want?
4:10 pm
what do you want? we get 6 on that republicans and democrats. to people like steve scalise, talking about conceal carry over state lines. you will not get 60. don't include it. we want to make this as big as possible. i don't know, doug, you've been in the game a long time. >> i have. melissa: that looked like a recipe to get something done. could this be something that helps everybody in the midterms, who participates? >> yes. but we're a long way, melissa, from getting things done and appearing to get things done. we had a similar discussion a couple weeks ago on immigration that sadly degenerated. i think we need presidential leadership to continue. i applaud the president saying what he did but he needs to reach out to representative paul ryan and mitch mcconnell and say, get this done on background checks, raising the age limit and i would include
4:11 pm
from my perspective, an assault weapon ban. melissa: michael, you know also did the thing where he said there in public again and again, in. ra, you know, they're patriots but you guys are afraid of them. i mean he is sort of goaded them, republicans in the room, pushed on them very hard, and he said, you know, i don't care, i don't need their money. really looking at seemed like to try to take the heat on that, take it off others so that maybe they could go along and actually get something done. it would help everybody involved in the midterms, would it not? >> i suppose that's right but i have to say i was a little surprised at the president's language on the nra there because i do think, the organization gets an unfair rap. it is the bogeyman of the left. melissa: yeah. >> i think the president today sort of cemented that, said you're afraid of it. that is what the left says all the time. i tend to think of it has to do with people be constituents in
4:12 pm
these states as pat toomey was talking about. it is, i think pat toomey is not afraid of the nra so much as he is afraid of his own voters who like to hunt. i grew up in pennsylvania. melissa: you talking about the money nra gives to candidates? >> if we're going to say contributions determine legislation, let's do it across the board and look at everything the democrats get too then. because i don't think the amount of money is enough. i think $30 million last year the nra spent in total. that is hardly enough to wield the kind of power that everybody acauses it of having. melissa: interesting. well, as we go towards the midterm elections, and we're looking at what in this room seems like the president being more centrist and pulling people more centrist, especially if you hear michael's reaction there, you know, doug, how does this set up democrats? i had to laugh when i saw the "sacramento bee" headline, that nancy pelosi is the most
4:13 pm
conservative in her 2018 race. you see democrats moving further to the left, you have the president hear challenging the nra. it seems likes the left is being pushing left. >> here is the problem the president has is consistency. the second problem is action and results. melissa, i agree if he continues along the course showed today or in the last televised discussion on immigration, he will advantage himself and the republicans but we need results. we need action, and the president needs to be consistent because he has had three or four different positions. i think this happens to be the right position. i think he handled himself very well today but will this continue and will there be a bill and results? melissa: so, michael, there was a difference in tone between this one and the last one in the sense in the last meeting they had, the president laid out these are the four pillars i must have in order for the bill
4:14 pm
to go by. you have a bill, what's in it, you have a bill what's in it? can everybody agrees on those things? what do you need to add to be for it? the idea of mental health and raising the age limit, whether a long rifle or however they come out with the language in the end, that he didn't have, in this one, it wasn't coming from the base of this is my idea. it was more that he was trying to get their ideas together to something that would get to 60. could that make a difference? >> it's a good contrast and part of it has to do with congress to make up its mind? does it want presidential leadership or just the president to have meeting. i didn't see nancy pelosi, chuck schumer, mitch mcconnell, or paul ryan. melissa: that was the case last time too. >> so i think he is trying to act like almost speaker and house leader at same time or majority leader, trying to bring
4:15 pm
congress together. but i think he is wise not to pin himself down at this stage because the last minute horse-trading will prove invaluable. you should create some flexibility while staking out principles which i think he did. melissa: doug, michael, thanks guys. both of you, good stuff. david: i want to say, when the president was talking, put up the dow jones industrial average, we lost a full percentage and a half-point. we lost more in the past two days in the markets than we did in the preceding two days when the markets were doing so well. we'll stay on the market story as well. there is a lot of other news going on. president trump blasting attorney general jeff sessions for his handling of an investigation into alleged surveillance abuses calling it disgraceful. we'll tell you how sessions is responding. judge andrew napolitano joining us with his take. lots going on. keep it right here. ♪
4:16 pm
rrot. that is quite the family. quite a lot of colleges to pay for though. a lot of colleges. you get any financial advice? yeah, but i'm pretty sure it's the same plan they sold me before. well your situation's totally changed now. right, right. how 'bout a plan that works for 5 kids, 2 dogs and jake over here? that would be great. that would be great. that okay with you, jake? get a portfolio that works for you now and as your needs change from td ameritrade investment management. they feel that they have to drink patients that i see that complain about dry mouth a lot of water. medications seem to be the number one cause for dry mouth. dry mouth can cause increased cavities, bad breath, oral irritation. i like to recommend biotene. biotene has a full array of products that replenishes the moisture in your mouth. biotene definitely works. it makes patients so much happier. [heartbeat]
4:19 pm
melissa: very dramatic end to the session there. losses really accelerating in the final hour of trading for the month of february. the dow losing 380 points, or 1.5%. that ends the dow and s&p 500's 10-month winning streak. it is their worst month since january of 2016. let's go back to the new york stock exchange where trader sim anderson is standing by. tim, what happened there in the end? >> melissa, it is interesting to be headline-driven or responding to any specific event or piece of economic data. we're just coming into the end of the month. we've had four very, very sharp moves, two up, two down in the last four days. we're closing the month down
4:20 pm
about 4 1/2%, and, we're just going to have to see if we, you know, we, we didn't hold the 50 day moving average on the s&p 500. that was 2735. we looked maybe for a couple hours like we were going to. we closed about 15 points below that. melissa: yeah. >> it will be very interesting to see how we start the beginning of the month, particularly with some key economic data coming out early tomorrow morning. personal income and spending and personal consumption and expenditure index, clearly the market is focused on inflation a little bit the last six to eight weeks. and those numbers will give us a good read on that. melissa: what does it tell you though? that investors wanted to close the month by, you know, taking whatever profits they could? taking money off the table, by sell what does it tell you going forward?
4:21 pm
>> i think volatility will be part of the new normal. the market was in very, very low volatility mode for the better part of a decade. you know, rates are up. i think market going to have to get used to rates going higher, hopefully gradually. volatility being a lot higher after being very, very low for most of the last 10 years. melissa: so but that is a real money-maker for a lot of people, the idea that volatility is back. >> sure. melissa: it is that movement where tons of people make money. >> sure. melissa: so it is interesting you see volatility is back because what we've seen it for the last little bit, doesn't mean it will stay. it could be good news for a lot of people. you really believe volatility is here to stay for a while? >> i think it is. i think it was abormally low for very long period of time. look, we had zero or near zero interest rates for close to 10 years. we had central banks all over the globe, pretty much
4:22 pm
controlling the cost of money at every point along the curve. and, that is coming off now a little bit. rates have worked their way up toward 10% on the u.s. 10-year, even, even the german yield curve has a 50 basis point slope from the two year to the 10-year. that is close where we see zero interest rates and very low volatility in the bond market is just a great prescription for totally passive investing and very low volatility in stock markets and bond markets. and now you know, we're going to work out of that a little bit? a lot of people haven't been in the, that have only been in the market for the last 10 years might not be used to it. they have to get used to higher volatility. and they have also got to get
4:23 pm
used to rates being a little bit higher, although still on a historic basis very low from what we used to see a couple decades ago. melissa: all right. tim anderson, thank you for your perspective. appreciate it. >> sure. >> we can only imagine the number of lives touched by the preacher and the prayers of billy graham. the hearts he changed, the sorrows he eased, and the joy he brought to so many. >> here lies america's pastor. david: the president and members of congress praising evangelical preacher billy graham in a capitol hill ceremony today. his casket lying in honor in the capitol rotunda. the graham is the fourth private citizen to receive this honor. the last was civil rights icon rosa parks in 2005. the other two were guards killed in a capitol hill shooting in
4:24 pm
1998. the public is able to pay respects before his body returns to the billy graham library in north carolina, where his funeral takes place on friday. rest in peace. melissa: a bombshell u.n. report revealing that north korea is aiding syria's chemical weapons program. oliver north dives into this dangerous relationship coming up ♪
4:26 pm
4:27 pm
david: president trump publicly calling out attorney general jeff sessions tweeting quote, why is ag jeff sessions asking the inspector general to investigate potentially massive fisa abuse? will take forever. has no prosecutorial power and already late with reports on comey, et cetera. isn't the ig an obama guy? why not justice department lawyers? disgraceful! here is now judge andrew napolitano, fox news senior judicial analyst who has to
4:28 pm
speak as concisely as president did because we don't have much time. is the president right. is the ig is the wrong office? >> ig is a good guy, the ig during the obama years, he was ig during the george w. bush years. david: but is his office the right to be investigating? >> in my opinion, no. under justice department protocols, as former ag general michael mukasey point out this is the way these things normally start. but when you have a boss, the president, understandably impatient for the thing, go for the jugular. get a team of prosecutors, team of fbi agents, this is what i think happened at fisa, this is what i fear happened at fisa. investigate. david: i know you agree with me on the first one is the fisa court making it too easy on spy on people? both you and i agree that is yes,. >> absolutely. david: two, you need proof to make your case. the second one, was the trump dossier russian collusion?
4:29 pm
collusion between the democratic party, hillary campaign paying for it, fbi, doj and we now find evidence that the state department is pushing for it? >> as far as we know that is not being investigated. jeff sessions doesn't need to be told to investigate that. if he thinks there is an internal conflict between his doj and fbi people and the people who perpetrated this, appoint another special counsel. first of all, get your boss off your back. secondly, there is legitimate need to look at this! this is not a fanciful claim. this is very, very serious, that the obama administration may have used the tools of law enforcement to spy on candidate trump. david: there was former republican attorney general, whose views i know you respect in many cases, let me read what he says about this whole kerfuffle between trump and sessions. he says if anyone at doj should look into the circumstances of this fisa application it is the ig, the ininspector general, who reports both to the attorney general and congress. there is no basis at this point for a criminal investigation and
4:30 pm
no indication of massive fisa abuse. questions have been raised about one warrant, period. to which you say? >> i think he essentially correct. i would go a little bit farther if i were the ag because i know my boss is breathing down my back and tweeting away. but i have great respect for attorney general and former judge mike my case sy. he is -- mukasey. he is telling you how it should be done by the book and jeff sessions is doing it by the book but donald trump doesn't operate by the book. he want something done and wants something done now. he is the head of executive branch and has the right to direct it. david: i think you would disagree with mukasey there is no indication of massive fisa abuse. the numbers alone show they approve far too many. >> 99.97% of all applications approved. neil: isn't that number alone there is massive abuse? >> absolutely. there is time to look at fisa whether it is constitutional, whether there are better ways to do this. david: judge andrew napolitano. >> you're welcome.
4:31 pm
4:32 pm
i want you to pick a new truck for your mom or dad, knowing that they could possibly pass it down to you one day. cool. but before you decide, you should know that chevy silverado's are the most dependable, longest lasting full-size pickups on the road. which means that ford f-150s are not. (laughs) which truck would you pick? the chevy. the chevy. the chevy. there you go. boom. that was obvious. plus it looks cooler. no doubt about it. now they know what to get me. (laughs)
4:34 pm
4:35 pm
achieved everything she set out to achieve in this position. we will see. i'm sure there will be a lot of speculation about this change but for now, we are confirming that hope hicks is resigning as communications director. david: after what, nine hours, she spent testifying before congress? i think nine hours testifying yesterday. here so react congressman andy biggs from arizona. a member of the judiciary and the freedom caucus. sorry to get you caught flat-footed. you heard the news as we did. what do you think? >> i wonder what was testified to in the hearing yesterday, number one. number two, i wish her best of luck. i think she did a good job. would i say that kind of speaks to the crucible this washington scene is. it is so divisive, so vitriolic. i understand why people want it
4:36 pm
life, actually. david: particularly so much time diverted from things that need to, need our attention, and need the attention of the folks inside of the congress. you guys have a terrible reputation. your approval rating is, at single digits, and i mean, it is because of these nine-hour committee meetings with somebody like hope hicks, i think that people don't have this much faith in congress? >> well i don't blame them actually because we promised so much and deliver so little. i mean, both, the bicameral system between the senate and the house, we're always fighting there. then the two party system is left each other very divided. we're, america itself is divided which direction we're going to take long term, whether you go with the left to the dems or go to stay to the right with the republicans. i mean these are issues that, these things subsume the issues actually sometimes. and so, it can be very frustrating and so i understand
4:37 pm
exactly, in some respects why someone like hope hicks, who has done a great job would want to leave. david: does this mean that general kelly's position is safe? of course a lot of, a lot of the speculation around questions about who knew what about other people in the administration, i mean the fact that she's leaving kind of lets general kelly off the hook for certain things, no? >> i'm not sure how it impacts general kelly. i think general kelly really tightened up the ship there. i think that is what president trump wanted. and so i'm not sure that hope hicks atypical of being able to work in that type of a system. so i'm not sure what the long-term impact on general kelly is. david: we're just getting comments from the president himself saying, and i'm quoting now, hope is outstanding and has done great work for the last three years. she is smart and thoughtful as they come. a truly great person.
4:38 pm
i will miss having her by my side. when she approached me about pursuing other opportunities i totally understood, to which you say? >> i say i understand, i agree with everything he said. he is right. david: i got to ask you one final question, if you don't mind about the investigations that are going on, vis-a-vis russia. a lot of people are saying if you're investigating russian collusion, look at russian collusion between the hillary campaign and what happened with the trump dossier, which clearly got a lot of information from russia. of course they had their supporters inside of the fbi, the doj, and now we're finding out the state department. there is no indication that mr. mueller is investigating that aspect of russian collusion. should he be and if he is not, who should be? >> first of all he should be because he was supposed to look into russian interference into our election and this is a direct derivative of that. so he should be but if he is not going to, the g is, all the information that we,
4:39 pm
not all of it, but a significant amount of the information we received has come from the inspector general. so i have confidence in him. i believe i think he has got the prosecutorial power. i've been asking for months to investigate this fully. he told me in judiciary committee hearing, if he saw anomalies in the investigation that he would recommence the investigation, so i'm hoping that he will do that. david: congressman andy about, thank you. we had all the breaking news. you handled it very well. appreciate night thanks, david. david: melissa. melissa: we'll be back in a moment with more on communications director hope hi. we'll be right back. so i talked to my doctor and he prescribed lyrica. lyrica may cause serious allergic reactions, suicidal thoughts or actions. tell your doctor right away if you have these, new or worse depression, unusual changes in mood or behavior,
4:40 pm
swelling, trouble breathing, rash, hives, blisters, muscle pain with fever, tired feeling or blurry vision. common side effects: dizziness, sleepiness, weight gain, swelling of hands, legs, and feet. don't drink alcohol while taking lyrica. don't drive or use machinery until you know how lyrica affects you. those who have had a drug or alcohol problem may be more likely to misuse lyrica. now i have less diabetic nerve pain. ask your doctor about lyrica.
4:42 pm
4:43 pm
country. chief of staff john kelly saying, quote, she became a trusted advisor and counselor and did a tremendous job overseeing the communications for the president's agenda including the passage of historic tax reform. she has served her country with great distinction. to say she will be missed is an understatement. let's bring in our own blake burman in at the white house. blake, wow? i mean what do you make of all this? reporter: out of all the blue, out of the blue i should say. now the white house has yet another high-profile departure and another high-profile decision to make who will be the next communications director. we should point out this is not imminent. hope hicks will leave in the coming weeks. this will allow them presumably to announce a successor and to kind of weave that person into the fabric here of the white house, whether they be here already and promote. if they do so, have to hire out elsewhere you get the idea where
4:44 pm
it is going. i can tell you people here at the white house have, i believe you just read the quote from john kelly, a great deal of respect for hope hicks. she is just 29 years old and communications director here at the white house, overseeing all of the operations on that front. this is now the fourth departure of a communications director here at the white house t was sean spicer who once held dual roles as white house press secretary and communications head. he handed off that responsibility to mike dubke who was here a couple months or so i believe. it was then anthony scaramucci had the job for 12 days or so when scaramucci left, it was hope hicks who was given the reins of the communications apparatus. now she is gone. so there will be a fifth communications director in just the first 13 or 14 months of this white house. of course, they will often make the case that the president is the single best communicator for himself and for this
4:45 pm
white house. but yet, again, it is a high-profile departure and some will question, melissa, whether or not this has anything to do with the testimony hope hicks gave up on capitol hill. melissa: just yesterday. >> the reporting of new york tiles, which she said occasionally she had to dabble in some white lies with her job, but never did so on the russia front. timing coincidental? maybe or maybe not. either way now, the white house will be searching for a new communications director. melissa: or, she was also involved in the rob porter situation? >> reporter: she was involved in that and also, this was, if not the closest, one of the closest people to the president. she was there from day one. during the campaign when he went into the fifth floor operations center there of trump tower, it was her. it was corey lewandoski right next to each other, their offices. they were kind of the glue at the very beginning. then she moved with the president over here to the white house. one of the few from the
4:46 pm
beginning to do so. and as the white house points out, she was the very last person to stay with the president from that original core who was there with him on january 16th, 2015. melissa: interesting. thank you. reporter: yep. david: let's bring in brad blakeman, former advisor to president george w. bush. brad, this is breaking news. it is extraordinary, there will be four communications directors in less than two years for this president. it highlights two things in my mind. one the fact as we were just hearing from blake, the fact that this president is essentially the communications director. does so by very unconventional means like using tweets. but also, the intensity with which the media and whole communications apparatus in the united states can't stand this president. it is a very tough position to be in. >> no doubt about it. and look, hope is doing herself a favor and she is also doing the administration a favor. she has become a distraction
4:47 pm
through no fault of her own and, by removing herself at this time i think, it is really going to help the president continue to communicate the way that is unorthodox but very effective. and we just saw a fascinating, that you guys covered the almost the entire meeting of the president on gun control, a bipartisan meeting. so we have an unorthodox president is new to politics. he is having tremendous success but he doesn't have a staff that he has had for 30 years in congress, the house, and the senate. so he is going to go through people in a more, i guess, aggressive way that we've seen in prior white houses. david: not just him going through them. as i mentioned before, the degree which the scrutiny of this administration is far beyond that. it is certainly of the last administration. you would have to gobbing i think to ronald reagan to
4:48 pm
getting anything close. the bottom line, melissa was talking about it, the fact she had nine hours of testimony and the day after that, where she did say, you know, you have to deal in white lies in this job, et cetera, do you think democrats, knowing how much they're going to use the issue of persona of president trump and administration against him or against the republican party try to pursue whether she said anything under oath that was not true? whether sheself in any way? are they going to drop it with her departure? >> well you know, they should drop it with her departure because clearly there is nothing that i have seen recorded that the testimony given so far, she appeared several times, there has been any discrepancy or been any allegation of or misstatement. so, look, she deserves the opportunity now to go outside of
4:49 pm
government and be he free from the kind of abuse i feel that she has taken in that job. and it will allow the president to get somebody else who is not removed from the type of hounding that this president has been victim of. david: boy, i tell you, would you want that job? do you know anybody who want that job? >> well you know what? i know a lot of people in washington i think would step up to serve this president because, because of his unorthodox sir, it will be a fun ride to take. david: fun ride? wait a minute! back up. fun ride? >> i really believe that i really believe the president has had great success in a tax -- david: no doubt he had, brad, i don't doubt you at all that he has had great success. we've enumerated the different ways in which he has been successful with deregulation, taxes, et cetera. but again that job, you have a
4:50 pm
target on else in washington. >> there is no doubt about it. all the more reason for qualified people to step up to the plate who would like a challenge. there are plenty of qualified people in this town who i think would chomp at the bit to serve this president. and there is no doubt, that you will take, slings and arrows but you know, that is part of the job. >> boy, it is one heck of a job. brad blakeman, thank you so much, for being here. appreciate it. >> my pleasure. melissa: local officials under investigation in florida. state representatives want to know more details about how they responded to the deadly school shooting exactly two weeks ago. plus we'll tell you how the students first day back to school since the shooting went. ♪
4:54 pm
melissa: searching for answers florida house issuing subpoenas to local authorities including broward sheriff office regarding law enforcement response to february 14 massacre, as students resume classes. with more on this, from parkland, is fox news matt finn. reporter: it has been two weeks since shooting on valentine's day, today is first official day that students and staff return to class at stoneman douglas. you can imagine how gut wrenching it might be. they have to return to finish the school year. school district is working with students and staff that find it too emotionally difficult to return. about 25 people have requested to be relocated. std we talked to a student who
4:55 pm
returned to school, and also a father whose daughter was murdered. >> a lot better, at first nervous. coming back, it feels amazing. >> very empty, hallow, but drew out the day i felt better. reporter: governor scott continuing his tour, encouraging florida lawmakers to vote yes on his $500 million act plan require a person in possession of a gun or who wants to purchase a gun to be 21 years of age year. melissa: thank you, matt. david: breaking news from white house, out this hour, communication director hope fix announcing she will resign this coming -- a day after she testified in front of house intel committee, more than 8 hours, more on this developing story, coming next.
4:59 pm
melissa: breaking news, white house communication director close trump adviser hope hicks is resigning. david: president trump out with this statement, hope is out outstanding, a truly great person, when she approached me about pursuing other opportunities, i totally understood. 29 put it in perspective, 29 years old. she runs a staff of 40 people. perhaps most conten contentious administration, in high lifetime. melissa: a 24/7 job, with so much turnover she is last original by the president's side. you know from the very, very, very beginning. it will be interesting to see if
5:00 pm
more is dug up about why now, beyond what she said. david: most interesting thing, who will take that job. melissa: right, very true. that does is for us risk "risk & reward" starts right now. liz: let's pick up where prior show left off, hope hicks, saying she will be resigning, welcome, i am liz macdonald, hope hicks is leaving after serving the president for three years, she is president's longest serving aide, having worked with the president before he announced his candidacy, said she wanted to leave to explore opportunities outside of the white house, this is one day after testifying in 8 hours, in a close committee hearing, house intelligence panel, saying
145 Views
IN COLLECTIONS
FOX Business Television Archive Television Archive News Search ServiceUploaded by TV Archive on