art, tom, phil flynn, thank you, gentlemen for being with us. [closing bell rings] stocks ending the lowest level since back to march 1st. came back a little bit at the bell. that will do it for the "countdown." see you here tomorrow. melissa: stocks slammed but well off their lows. the dow closing down about 334 points t had been about 490, returning to negative territory in the year. the s&p as a tech titan tumbles. try saying that three times fast. neil: alliteration. i'm david asman this is "after the bell." johnson & johnson, caterpillar among the biggest losers.

lori rothman, it started with tech, didn't it? >> with facebook. reports that a analytical company had all the user data misusing in relation to the trump campaign back in 2016. that raised eyebrows, and brought on tremendous scrutiny not just facebook but knock-on effect for tech across the board. we will be asking tech companies how they get the information and how they protect everyday users like you and me having our information misused. the story is very indepth. there are charges going back and forth. the company strongly denied any misuse of this data. for what it is worth it had significant effect on markets today. you could argue that denial brought the market back somewhat. tough session, even though the dow jones industrials came back over 100 points to close down 335. 480 deficit was the worst point. a lot of questions beyond tech obviously about the trade of tariffs.

question, we heard the president get tough. he brought about this plan on opioid addiction. all of those things, we saw all the sectors react to the broader news flow today. those companies came down, falling on a broad-based rally. back to you. david: lori rothman. thank you. melissa. melissa: facebook is the biggest drag on the s&p and nasdaq, shedding more than $40 billion of market cap. the company hired an auditor to look into cambridge analytics, the firm accused of abusing data of millions of facebook users. the firm strongly denies this saying quote, this facebook data was not used by cambridge analytica as part of the services it provided to the donald trump presidential campaign. gerri willis has latest on all of this. gerri. >> allegations going back and forth. let me tell you shares of facebook on track to post the worst daily drop in four years. in fact the stock is in correction territory down 12.5%

from its highs earlier this year. you said it. they have lost 40 billion in market cap. regulators summering the social media company following firestorm this weekend about the how the social media company managed third party access to users information. facebook says, cambridge analytica, a firm founded by former trump advisor stephen bannon and republican donor robert mercer improperly kept facebook user data for years despite saying it destroyed those records. at issue possibly tens of millions of facebook users private data. reaction was swift and negative on two continents with both the eu and the massachusetts attorney general saying they would launch investigations. democratic senator ron wyden is demanding that facebook send a copy of every privacy assessment it has prepared since 2011 to congress. yet facebook says that situation is unlike data breaches that have plagued american companies for several years now. here is what they say.

the claim that this is a data breach is completely false. people knowingly provided their information. no systems were infiltrated and no passwords or sensitive pieces of information were stolen or hacked. that is facebook. at issue, an app that hundreds of thousands of facebook users were paid to download to take a personality test and they agreed to have their data collected. the app was called, this is your digital life. now facebook later changed its policy did not allow that to be shared but the company new cambridge retained access to the data as late as 2015. cambridge now says that no information from the company that provided the data was used in the 2016 election. here is their quote. cambridge analytica fully complies with facebook's terms of service. cambridge analytica commercial and political divisions do not use or hold data from facebook profiles. now, social media stocks trading lower as you can see here. google, snap, twitter all down.

i have to tell you just moments ago, the british newspaper, the guardian came out with a story saying that the, cambridge company, ceo, was crowing that they had managed to turn around elections in other countries using honey traps, fake news and ex-spies to swing elections. that is some of the reporting going on at this hour. obviously from the guardian, not from us. it gives you a sense of kind of stuff being said about these two companies. back to you. melissa: it is only the beginning, gerri. thank you. david: tech stocks getting a one-two punch today. there are charges of a data breach along with the european union looking to propose a 3% tax on u.s. tech companies. that really weighed on those tech stocks here to weigh in, liz peek, columnist for the "fiscal times" and adam lashinsky, executive he editor r fortune. adam, there is a lot of stuff being contemplated in press

reports. one thing to have a data breach where your private information is revealed but another thing to complain facebook is monetizing information that people have freely put on their own facebook accounts, even sometimes agreeing to answer some questions voluntarily put to them. this is not technically speaking a data breach of private information, is it? >> well it's not a data breach at all but by focusing on whether or not it's a data breach is focusing on the wrong thing. a data breach when someone goes and steals information. david: right. >> the allegation here is that uk firm, this mercer and bannon-backed firm, tricked, was using trickery and misleading tactics to get this freely-given information. so i'm, putting it in sort of very simple terms. if that is the case, that is it what the beef is, not that they used sophisticated computer hackers to go in and steal information. david: right. very good analysis.

now liz, the bottom line is, that all politicians everywhere, as soon as they found out there were these databases of information that was being put out on facebook and elsewhere they were gleefully grabbing it any way they could. there was an interview with maxine waters done back in 2013 t was put on youtube. we can't play it for legal reasons but i did take a full screen of it. we have a quote, i will put it up. this is maxine waters talking in 2013. president obama put together an organization that contains a kind of database no one has ever seen before in life. that database will have information about everything on every individual in a way that has never been done before and whoever runs for president on the democratic ticket has to deal with that. so this is something, all politicians have been greedily looking at, no? >> absolutely. i remember when obama said to revolutionized how election-campaigning was going to be done. you're exactly right, basically

mining social media data. i think the problem with his book and google and these other organizations they have gotten so big there is no question they can not control the flow of information. don't forget this is facebook's second big political snafu. the first one obviously being that they didn't control russian advertising and the planting of stories on their pages. so there is a lot going on here and you know, i think just unfortunately they are so big, so powerful, that politicians smell blood here and they will be in trouble a little bit. >> for good reason. melissa: playing a big role driving markets lower. we also got a lot of headlines coming out of washington. the firing of former top fbi official, andrew mccabe, the president's attack on the mueller probe. we're expecting more tariffs, another interest rate hike and potential government shutdown this week. david: is that all? and it is monday. melissa: it is monday. that is a great point. no, absolutely.

adam, how much politics and uncertainty, how much do you think that is weighing on stocks? you know it didn't seem like it will let up anytime soon? >> you know, i look at these days needing a catalyst, not 17 catalysts but a catalyst. for example, i don't think amazon and alphabet and netflix are done because people are upset about the uncertainty what president trump will do next. i think they're down because facebook is down for very legitimate reasons and then investors say, i hate those tech stocks today. they sell down too. not as much of facebook. agree with the guest stuart hand on a little while ago, these are serious not necessarily cause of the stock market drop today. melissa: liz, you make a great point, they're not going away. every time we turn around there is some huge slam on facebook and something that has happened you know, whether it is to data or to you know, with the last

election or how news is being channeled one way or the other, that the scrutiny is only going to continue. do you think that will weigh on shareholders for a while going forward? >> yes. i do. because, whenever you have a group that has accounted for a big portion of a market run up, they are very vulnerable. when those stocks get slammed and investors begin to wonder what might follow. look, these companies have been on absolute tear. in facebook's case, you have this also problem that in the first quarter their number of users in north america dropped for the first time ever year-over-year. so i think people are also wondering how much bigger can facebook get. how can it monetize that growth. you throw in the fact that the e.u. really wants a piece of their action and they're jealous of these american tech companies this tax proposal probably won't go anywhere because it needs unanimous support but they will be after these companies one way or another because they are

lower-tax and they want more revenues from them. melissa: you ask the question, how can they monetize? accuse them of things this he have been doing. that is how they monetize. david. david: for more on today's big selloff, go back to the stock exchange and trader tim anderson for details. tim, as we saw in the last minutes of the trading day things improved a little bit. it could have been down well over 400, it ended 335 down. i sense a little optimism at the end of the day what might happen tomorrow. how about you? >> you know i could buy into that. it was actually a very light volume day. david: good point. >> that is not at all to discount the fact that we are down quite a bit in a very broad-based selloff. it is not just facebook and tech. oil and energy sector is down well over 2%. even the utilities, which had been acting very well for the last three weeks, were down a percent.

and, i just think you have a number of optics in the market today, that gave people a reason to take some chips off the table. david: was it technical? were there algorithms that kicked in at some point to accelerate the selloff? >> you know we had a quadruple-witching expiration last friday. it is not unusual to have a very sharp day up or down the following day after that. and i don't doubt that once we got below a certain level on the downside, a number of spots people were looking at on a chart some algorithms kicked in. when that happens many times, real buyers say, let's see where this thing is going to go. we don't have to be the first buyer on a monday afternoon. david: tim anderson, good stuff. thank you very much. melissa. melissa: opioid stocks taking a major hit as president trump

delivering a speech on our nation's opioid crisis and the steps the administration plans to take to combat it. take a listen. >> last year the department of justice prosecuted more than three thousand defendants in cases involving opioids, all of the trafficking and related crimes, 3,000 cases. including a pharmacist, a physician's assistant and opioid trafficker, each charged with committing serious drug crimes in new hampshire. whether you are a dealer or a doctor or trafficker, or manufacturer, if you break the law and illegally peddle these deadly poisons, we will find you, we will arrest you, we will hold you accountable. melissa: this is a major item on the trump administration's agenda. we'll watch it very closely. david: dozens of business groups are now warning the trump administration not to impose tariffs on china, claiming it will trigger a chain reaction of

negative consequences for the economy. will it? we'll be asking famed reagan economist art laffer. melissa: in austin on high alert. growing concerns about a serial bomber on the loose in one texas community that authorities are saying now after last night's fourth explosion that seriously injured two on a residential street we are live in austin with the latest. david: an ethical disaster. "judicial watch" president tom fitton sounding off on former fbi official andrew mccabe fired by the justice department. the mainstream media are still pointing the finger at the president even though a internal audit led to the firing. mr. fitton will join us more with his take. >> it was the fbi who said he made unauthorized disclosure and lied about it. it wasn't president trump t wasn't me. it wasn't crazy house republicans. it was his own fellow fbi agents said he leaked and then lied about it.

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david: breaking news, oracle shares dropping after-hours following the release of their third quarter results. the company reporting a quarterly loss, due primarily to a tax charge. adjusted value beat analysts expectations. melissa: no plans to terminate the white house reiterating there are no plans to fire special counsel robert mueller even as they express frustration with the investigation. here from the white house adam shapiro. reporter: the president had quite a bit to say about the mueller investigation, he issued this tweet. a total, capital letters, witch-hunt with massive conflicts of interest. now on capitol hill from democrats and republicans there has been support for the mueller

investigation but also support for perhaps another investigation of the fbi and the department of justice and its handling of the fisa warrant which has been part of the investigation of mr. mueller that he is conducting. here is first what dick durbin, the senator from illinois said, should the president one day fire rod rosenstein to put someone in place who would then fire mr. mueller. >> if the president reaches out and stops this investigation, that is a constitutional crisis in this country. that has been said by democrats and republicans alike. what it means is, it would be incumbent on congress, on a bipartisan basis to use the tools at its disposal. reporter: but here is what chuck grassley said, someone who said mr. mueller should be allowed to conclude his investigation but also looking at the department of justice and the fbi may not be a bad idea. >> particularly in the fbi and the justice department there should be no political interference whatsoever. so if there is political

interference, let's say in trump, in regard to russia or trump and anything else, then perfectly legitimate to look into it in the previous administration. political interference under republican or democrat in the justice department is just plain wrong. >> yeah. reporter: there is the ty cobb lawyer at the white house, on speculation that mr. trump would move to fire mr. mueller. he said, quote, in response to media speculation and related questions being posed to the administration the white house yet again confirms that the president is not considering or discussing the firing of the special counsel, robert mueller. that from ty cobb. back to you. melissa: thank you, adam. david: ty cobb is related to the former baseball manager. my next guest has strong words for the fbi believing they are in cover-up mode. here is tom fitton, president of "judicial watch." tom, what do you mean, cover-up

mode? >> they're with holding all sorts of information on the topic you just discussed, the page, lisa page, peter strzok text messages. andrew mccabe text messages. we sued them in court for them. they're giving us a hand in the face from the response. we're getting tired of the fbi and justice department's contempt for rule of law under the freedom of information act. david: by the way, so apparently the inspector general was getting tired of what mr. mccabe was doing, yet you wouldn't know it from the sunday talk shows. i listened to as many as i could stomach yesterday. the narrative as you well know i'm sure was that donald trump fired andy mccabe. it wasn't donald trump at all. it was an internal investigation, first with the inspector general, then with the special department they have for internal affairs. and they both recommended that this guy be fired, right. >> yeah. this is a two-fer. this is the deep state recommending that mr. mccabe

be removed. there is plenty of reason to remove mr. mccabe. it is remarkable to lasted as long as he did. given the fact that director wray, the director of the fbi was informed about the situation he was in six weeks ago, i don't know why it took so long. on top of that you had mccabe's conflicts of interest were handled inappropriately in terms of his involvement in the clinton email investigation. his wife received hundreds of thousands of dollars from a close clinton ally, terry mcauliffe. there was a lot of reasons to remove mr. mccabe. thirdly, you remember the famous insurance policy text. david: that's right. between lisa page and peter strzok referencing andy. we assume it was mccabe. >> when you lie to federal investigators you're told it's a crime. it's a crime. david: if it's a crime for civilians, it should be a crime for the people in the agency.

let me ask quickly, an did i mccabe on his way out from the letter, it looked like it was drafted before the decision was made, he referenced jim comey former director of fbi, that mr. comey knew some of the stuff he leaked, that mccabe leaked to the press and apparently approved of it. jim comey has a problem because he told congress he never did any of that? >> you know there are lots of reasons to investigate james comey now. there is questions about his testimony raised by his protege, mr. mccabe. he is taking records out of the just tis department, fbi, memos, infamous memos and leaking them improperly, taking government records to destroy the president. mr. comey, talk about a ethical mess, between comey and mccabe, i am survived the fbi survived. david: tom, you, i don't know what you think about the deep state but most americans now believe there is a deep state,

that there is an entrenched bureaucracy working for their own interests, rather than the interests of the people out there by a 74% margin. people either believe it definitely exists or probably exists. what do you think? >> oh, it definitely exists and well-represented on mueller's team. andrew weissmann, a long time prosecutor in the justice department, his number two sent an email he uncovered praising sally yates for obstructing president trump's travel ban and praising her. he goss to hillary clinton's campaign event according to "wall street journal," the night of the election in new york. and he is the number two guy in mueller's operation? i don't understand why it is anyone would think, frankly i'm tired of the republicans almost in knee-jerk reaction defending everything mueller is doing. he needs accountability and oversight the way every other government bureaucrat does. david: you're there for part of it. tom fitton, good to see you. thank you very much. >> appreciate it, david.

melissa: americans pay less in taxes as the economy is booming under president trump, so why are the majority of voters pushing for democrats to control congress? dan henninger gives us his take, coming up. the battle is beginning. at&t is take the fight against the justice department in court. who will end up on top of this merger feud? that is up next. longer lasting. in a chevy truck. and now, you can too. see why chevrolet is the most awarded and fastest growing brand the last four years overall. current competitive owners can get a total value of over eleven thousand dollars on this silverado all star when you finance with gm financial. find new roads at your local chevy dealer.

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allowed to go through? deals like this, so-called vertical merger where two companies compliment each other, rather than compete directly with each other doesn't normally get its way so far into the courtroom but this one has. if you look at merging properties on the screen, we'll get into the government's case. at&t already purchased direct tv. that is one entity. it wants to buy time warner which has number of cable channels underneath its umbrella, hbo, cnn, tbs, cartoon network. it can leverage networks and directv raise prices, consumers will take a it had. companies will have plenty of time to argue that doesn't hold any legal weight in front of a judge. u.s. district judge richard leon, presiding a lot of back and forth what will be presented, what will be allowed in, not allowed in, he thinks the trial is lasting a long time, melissa, six to eight weeks it will last. president trump's comments are

hanging over this to some degree even though not directly involved, he is quite critical of the deal and quite critical of cnn as we know. the justice department lawyers trying the case maintained all along that has nothing to do with the case. it is about consumers, prices, competition, not about the president's comments. that is certainly in the background. it all gets going for real wednesday morning when we have opening arguments. this is probably the biggest anti-trump case since the microsoft days. it will be closely watched. melissa: very interesting. connell, thank you so much. david: firing fallout continues. axing of andrew mccabe drawing new questions in robert mueller's investigation and what this could mean for the president. plus -- melissa: getting tough on china. business leaders hope the president tries a different tactic with the economic rival. more on this with former reagan economic advisor art laffer. that's next. eh, it just feels too complicated, you know?

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david: divided on trade. campuses like nike, apple, walmart are petitioning president trump's plan to levy tariffs. in a letter, proposing tariffs would trigger a chain reaction of negative consequences for the u.s. economy. art laffer, former reagan economic advisor and laffer and associates. are you worried about a china tariff, art? >> i'm not terribly worried because i think it is meant more

for negotiation purposes but as actual trade protection measure but tariffs are bad, they are bad at all types. i'm a total free trader. anytime you put tariffs on you have to worry about retaliation, tariffs on other country's products hurt us. we americans need to get high quality products at low cost and putting and a tariff on an imported product raises costs to americans. david: art, something else that hurts when u.s. companies are forced by a government in which they are operating to hand over some of their trade secrets. >> yes. david: transfer of technology. that is what the chinese government is forcing a number of u.s. companies to do if they go there. now, they have these u.s. companies have a choice. they don't have to go to china. but if they go, they have to transfer their technology. that is what the trump administration is trying to change. >> i know. that is maybe a negotiation strategy that he is using. however, even as retaliatory measure, putting on tariffs, david, is no good for americans.

it really isn't. david: right. >> you can see it this way. we discover ad cure for colon cancer and japan discovered a cure for alzheimer's, if they prohibited us from selling our cure for colon cancer in japan, should we get even with them to not allow sell the cure for alzheimer's here? david: hard to argue with your free market argument. >> thank you. because it is right. david: however, you do have this problem even a lot of those firms that i mentioned before admit it is true, this forcing of technology transfer, this group that put together their protest of what donald trump is planning to do, even show we don't know details they say there is preferred way to deal with beijing. i will read it to you because i don't understand it. work with like-minded partners to address common concerns with china's trade an investment policies. that is a whole lot of nothing, isn't it? >> there are other ways of doing things, yes, and i'm frankly sure donald trump given his skills, he is really very good at negotiations, very good at

winning the deals, i'm sure he can figure out a way to get china's attention quickly to make sure we don't have to put on the tariffs. they have these little silly islands off the coast there in asia. a couple of aircraft carriers sitting off those islands might bring attention. david: that is an idea. >> there are all sorts of things you can do. david: all right. quickly just i got to let you go but before i do i have to ask you about phase two of the tax plan. with larry kudlow in the white house, the guy, only art laffer knows anything more or maybe equal amount about how to cut taxes are you working with larry in order to do phase two of the tax cuts? >> i have always worked with him for 40 years now, i have worked with him. if he asks me to work with him on this one i will work with him every day of the week, twice on sunday. this is the greatest guy for that position i have ever seen. i'm so happy, but if i can, david, his first day in office the market didn't give him a resounding cheer. david: that's right. i think they are worried about a

lot of other things. >> i'm teasing you. best thing that happened to trump around. i am really happy, art, a pleasure to deal with you. come back and. see you soon. >> anytime, david. david: melissa. melissa: tax system overhaul under republicans, if you believe the polls 50% are in favor of democrats, 40% for republicans. this is "wall street journal/nbc news" poll, here to react dan henninger, a "wall street journal" and fox news contributor. what do you believe in the polls? do you believe in these polls? >> overlong run, this is 10-point difference. that is not good for republicans. the "real clear politics" average is a little over eight. that is not good either. as this poll pointed out president trump's approval rating risen up to 43%. that is a paradox. normally if the president's approval rating is up members of congress is doing well too. i think trump's approval is

directly a function of the strong economy. that is what people are reacting to. the republicans in congress i think will have to go out there and really sell their responsibility for the tax cuts, deregulatory moves. at the tend to be reluctant, careful the way they talk. they have to adopt some of trump's salesmanship, sell the heck out of this economy. melissa: absolutely. we saw in pennsylvania, that is one thing the republican candidates laid off message of tax cuts and economy. makes no sense whatsoever. one thing that is not good is when you go out and demean and trash talk the voters. as we know hillary clinton did recently. in fact dick durbin out saying it is not helpful. in fact my friend hillary clinton is wrong. 30% of the people who voted for donald trump, voted for president obama -- we do have the sot. go ahead play that for us. >> that is not helpful at all. in fact my friend hillary clinton is wrong.

30% of the people who voted for donald trump had voted for president obama. why? the same people who looked for change with president obama thought there wasn't enough as far as their personal lives were concerned. they supported donald trump. melissa: people vote based on money he is saying. has to be sort of sensitive and mindful of that, when they feel like they're falling behind -- seems pretty obvious. >> if you're in hillary clinton's camp of the democratic party you think people vote on all sorts of other non-financial things. one of the other things she said in india was, she said that white, married women by and large are voting the way their husbands tell them to. this is another one of hillary's strange tammy wynette moments. you remember when she said i'm not just a little woman standing by her man like tammy wynette, trying to explain what she was saying. i was a lot more popular when i was working for a man, presumably this was her husband, bill clinton, then i was when i was on my own.

hillary has so marinated in identity politics, class, gender and race, she actually believes this sorts of things. dick durbin is trying to say we can't get elected running on all of that social identity stuff. we have to get back to bread and butter issues. that is the real tension inside of the democratic party right now. economic populism, versus hillary-type identity come picks. melissa: synthesize everything you just said, people ignore the obvious financial issue right in front of them are not winning. it is the economy, stupid. how many times do we have to learn this lesson? >> melissa, that is exactly right. it is not just the economy or growth, it is about jobs, employment, having a job you can go to every day, support your family, that is what i think most people see as the purpose of their lives. and of their relatives, their neighbors and so forth, which really wasn't happening during the obama years. employment was kind of suppressed. growth was suppressed.

people were unhappy. democrats like dick durbin are realizing that that is what got donald trump elected, that disaffection about the economy during the obama years. they don't want to go to the well with hillary clinton-type candidate. it is not clear though that the progressives in the democratic party will allow people like dick durbin to get away with running on just the economy. they have a lot of other things on their mind. melissa: it is not clear that republicans are either. they didn't see the wave either. do you see more republicans getting around economic issues? >> it's a matter of these individual candidates out there in the house elections, you just mentioned pittsburgh. they have to be more forthright in attaching themselves to the extraordinary things going on right now. the proviso, as art laffer might say, tariffs do not kick in, start causing unemployment in steel-using companies. we're seeing a little bit of that lately. some companies are laying people off. if that happens, that could be a

difficult thing for the republicans to explain. but absent that, they have just got to attach themselves. they passed the tax cut. they have to take credit for it and sell. >> maybe tax cut phase two, why not? >> make it permanent. why not. melissa: dan henninger, always fantastic. david. david: texas on edge, police calling for vigilance as austin's fourth package bomb explodes in three weeks. what we're learning about the victims, the bombs, whether police have a suspect next. - there are tens if not hundreds of thousands of jews

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please call right now. - [yael] what i pray is that you won't turn your eyes but you will look at their suffering and your heart will be changed. - [narrator] we pray that god will move upon your heart to act right now and send an emergency gift of just $25 so that we can help more frail and lonely elderly holocaust survivors in the former soviet union before it's too late. david: searching for answers. a string of deadly package explosions rocking the texas capital after another blast last night. fox news's casey stegall live in austin with the very latest. hi, casey. reporter: hi, david there, is something about this particular explosion last night has everyone, both the police and the public, rattled frankly because it appears to be random.

no specific group of people targeted, no specific person. this last night simply sitting next to a fence in this residential neighborhood with a trip wire attached, according to the authorities. so as two guys came down this quiet street with bicycles, it is believed they enat indib inadvertently the wire triggering the blast. both victims are recovering in an area hospital. why this neighborhood, why last night, why in general? in other words a motive. all police will really say is that they are searching for that at this hour but they have made clear they need the public's help to do it. listen. >> we would like to reach out to those that live in the travis country neighborhood behind us. if you have video surveillance on your house, whether it be surveillance cameras, nest cameras, anything like that we want to get your video footage

to have that analyzed and identify any potential suspicious persons, vehicles or anything that may be of interest to this investigation. reporter: march 2nd is when this all began. the first explosion killed a man when he opened an unidentified package that had been left on his doorstep. then 10 days later, two blasts in a single day, after bombs were left, again in packages on a porch at different addresses in different parts of town. a second person died and two others were critically injured but again, where things changed last night was this was no package left on one particular person's home address. and it was in this residential neighborhood with the trigger device on it, meaning police say anyone, a child, could have stumbled upon it and so that is why there are more than 500 federal agents alone, david, and

melissa, on the ground here working this. david: just awful. a psycho knows how to make bombs and willing to blow up anybody. a very frightening scenario. casey, thank you very much. reporter: yeah. melissa: president trump tearing apart special counsel robert mueller's investigation but the white house says there are no plans to fire him. how this could affect the midterm elections. this is coming up. ♪ with a double palm grab. who has the upper hand now? start winning today. book now at lq.com.

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melissa: growing frustration. president trump lashing out at special counsel robert mueller as his russia probe continues, but with midterms on the horizon, what are the possible political implications of this investigation? here to shed light, vince colignase, editorial director of

"the daily caller". the story line goes all day long, is the president going to fire him. the president's counsel fires back, we never said that, we're not talking about it, what do you make of this whole thing? >> meantime press takes no for an answer. white house says over and over, that president has no intentions of robert mueller. he can works he have ares about the fairness of investigation. refs what the president hasn't done at this point he is willing to or inclined to fire bob mueller but meanwhile the air of scandal, especially the notion he is going to hang over the white house so what this means for 2018 rather is that democrats will continually suggest there is constitutional crisis at hand while republicans are regularly pointing out, so far no collusion has been found anywhere. a lot of people overturned rocks looking for it. melissa: no collusion. i like the way you say he will continue to work with the refs.

you look what is going on within the fbi, whether james comey or andrew mccabe, seems like there is a lot of leaking and lying going on. here, this is what chuck grassley had to say about it. >> have you ever authorized someone else at the fbi to be a anonymous source in news reports about the trump investigation or the clinton investigation? >> no. melissa: no. but now andrew mccabe says in fact yes, james comey did know he was leaking, and he was fired from the fbi for lying about that. what do you think, did james comey did know, i didn't authorize him but i knew about it? >> james comey i think will have to eat these words because it appears, i think this is an area he was clearly wrong, either forgot or he was lying in his testimony. here is yes say that. this is not a situation where you can even say, according to an fbi source. "wall street journal" report that they're referring to that

andy mccabe gave comment to, he did so people familiar with the matter. that is about as far as possible from being identified as somebody within the fbi. there was plausible -- i'm a journalist. i know how this works. if you have a background agreement you will create enough distance that source feels comfortable giving you information. what this suggests that andrew mccabe was not even comfortable being identified as somebody inside of the fbi. this section police italy anonymous source. the answer to chuck grassley's question is yes, that james comey, is andrew mccabe is to be believed, authorized as anonymous source speaking out about at mare before the fbi. melissa: it is james comey who is indignant, saying the truth is coming, my book is coming, all that sort of thing. how do you think it all comes back to him? >> if he will get in trouble eventually legally this seems insane he is taunting people. ultimately you see trump's defenders, people very concerned about the fairness of this investigation looking at people like james comey and andrew

mccabe thinking aloud, these are people thinking they will never going to get in trouble. they will never be punished for their words and deeds. melissa: right. >> andrew mccabe thought that, up until he was fired on friday. melissa: we appreciate your time. >> thank you, melissa. >> comey is coming out with the book next week. the title is, "truth, lies, leadership." he has to answer that question about how he answered. >> leaking and lying, that is what they should call it. david: price tag for breaking the law. one op-ed suggests that the more you make the more you should pay for break the law. that is coming next. trying somew can be exciting. empowering. downright exhilarating. see for yourself why chevrolet is the most awarded and fastest growing brand, the last four years overall.

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>> paying a different price for the same offense and new york times op-ed of course suggest higher traffic fines for the wealthy should they pay the same fine for

speeding. the bottom line is millions of people come to america as they don't want to be penalized for being successful you want everybody to know that's crazy. here is risk and reward. this industry darling led the market up last year and through much of this year quite a different take today. they were able to can collect the data from 50 million people's profiles without permission. in the u.s. and europe in the uk. they are calling for investigations facebook is in the crosshairs. social media companies are trading lower today. people are starting to grow tired of social media. everybody in their mother now saying we are going to investigate