may make changes around the edges. there may be risk off the table. given nine years into an economic cycle. [closing bell rings] one of the longest bull markets in history with valuations extended we're looking at that saying might be time to slack off. liz: david spika. that will do it for the "claman countdown." time for "after the bell." melissa: the dow closing down about 16 points. it had been down more than 34. the s&p and nasdaq slightly lower. we await for the report from tech giant alphabet. david: i still call it google. i don't care what they say. i'm david asman. glad you could join us, this is "after the bell." glad you could join us. but a lot of breaking news all over the place. we have it covered. a key vote on capitol hill happening in just about an hour. will a senate committee vote to recommend or reject cia director mike pompeo as the new secretary

of state. or will partisan politics stand in the way. senator chuck grassley to join us the latest where things stand ahead of the big vote. small business optimism near record highs. linda mcmahon, the head of the small business administration, what's driving sentiment higher and what she's planning now to do to give it an even bigger boost. it's a huge week for tech earnings. kicking off today, alphabet, parent company of google, reporting in just moments. tech giant facing a lot of scrutiny over user privacy and data correction. we'll bring all the details as soon as they come out. of course we're monitoring that situation in toronto where a van has struck eight to 10 pedestrians at least. that number is rising. coming up a report on what authorities now know. melissa: so as we await alphabet let's get a check on the overall markets. nicole petallides is on the floor of the new york stock exchange. nicole, the dow ending well off its lows.

what was driving that move? >> i think somewhat choppy market. treasury yields have been very important today. the u.s. dollar also another mover for us, a driver of the market one way or the other but you could see pretty much it was almost even-steven from down volume versus up volume. treasury yield, 2.98%. that is very key as it approached the 3% mark. that is highest levels since 2014. s&p 500 which peeked into the green right at the end of the day but we had choppy action for the month. tech and materials came under pressure. telecom, energy, that helped to lead the way. here is look at alcoa. those shays dropped significantly after the treasury department would give americans october until to find out the actions with sanctions on aluminum on china and russia. the stock was down about 14%. keep it right here.

we'll watch alphabet, parent of google on "after the bell" as well. melissa: nicole, beautiful day. did i see you on fifth avenue in the greek independence day parade. >> was that you and beautiful children there? we had a lot of fun. melissa: look at that. david: with ernie. >> a real legend, mike woods and nick gregory. melissa: big honor. >> we had a lot of fun. 8th year in a row to do it together. there is governor andrew como. a lot of fun on fifth avenue. all the greeks and americans. melissa: it was a beautiful day. it was huge. zillions of people out there. you were at the center of it all, nicole. very nice. david: we're taking temperature of five of the biggest names in tech, with alphabet due out. facebook, amazon, twitter and microsoft in the days ahead. most of those companies are being hit strong by this concern about privacy. joining me now with more on what

we can expect fox business's deirdre bolton, fortune executive editor adam lashinsky, and we have liz peek of the "fiscal times." she's here in new york. adam, first of all, you own some google that is because, or alphabet because your wife works for google, right? >> i own that in the best way, by marriage. david: that is the best way. i wonder why you don't retire, let her -- listen you have a 20%, expected 20% increase in profit in this quarter compared to same quarter last year. 22% increase in revenue. most companies would die for that kind of number? >> it is quite a business. as a matter of fact it is a one-of-a-kind business. would i say among other things, david, it is very efficient business and it is also a proxy for the u.s. economy. google is so big and so much very fundamental kind of advertising you can look at it -- david: we have the numbers out

as a matter of fact. nicole petallides has them. go ahead, nicole. >> i'm just looking at the numbers. we have earnings per share of 13.33. that beats estimates of 9.28. that is a nice significant beat. revenue, 31.15. that beats the estimate of 30.29. the stock is up 3% in the after-hours. also tac costs coming in. they came in at 2.88 million, versus what was reported last year. you don't want them to rise too much because that would cut in to profitability. they don't want them to go more than 30 1/2%. aggregate paid clicks was up 55%. stock gaining 3% for alphabet google. david: good stuff. melissa. melissa: deirdre, adam, liz are back. deirdre, get your reaction to that. looks like a beat across the board. >> it's a beat across the board which is fantastic for alphabet google, i understand david's, i

go through same thing, google. this is freight for the moment. we'll take it. investors have to be at it. adam called this a one-of-a-kind company. that may represent a longer-term risk for the company especially coming from europe. back in 1999 the eu was the first country shot across the bow against microsoft, declared it a monopoly and broke it up. it took a decade for microsoft to get back on its feet. keep in mind, melissa, you know this, google has eight to 10 times more data on you than facebook. melissa: yeah. >> when facebook was dragged down to congress a lot of people were saying, why facebook? google has 8 gigabytes. facebook has 650 megabytes. that is about 160 hours. there are a lot of people, scott galloway, professor at nyu has been very vocal about this. europe has all the downside of big tech. they have all the people

complaining, and none of the upside which are bragging rights to numbers like this. he is one of the more vocal people that said, listen these companies may face more regulatory pressure than investors are pricing in right now. david: in deference to my friend deirdre, can i jump in here? we have a profit jump of 73%, 73% in first three months of the year. this extraordinary jump in profits. >> liz, reconcile those two things. when you hear about that kind of profit, you hear about what a target google has on its back? >> first of all, as far as the profits are concerned i think we have to take a step back and look at the fact there were several accounting changes in this quarter. for one thing they may have written up and flowed through the income statement an increase in the uber investment which is a pretty big number. that could be billions. david: good point. >> and there were couple other things too. fyi, i'm not sure we have all the information yet on it but certainly what we don't have in this quarter is really any

reflection of what the higher chance of regulatory oversight might mean either from the eu rules set to go into effect on may 25th, or just evolving concerns about just what deirdre was talking about, incredible amount of information that companies like google and facebook have on all of us. so, you know, that is sort of the future issue. we don't know from this quarter what that will look like. melissa: adam, they looked to be raked over the coals. hard to imagine existing without them. that is part of the problem. that makes them a monopoly in some senses. >> two caveats to keep in mind, reminder i am a google spouse in case anybody wants to investigate me to think about my prejudices. but they are a monopoly in many markets. the question is, are they an illegal monopoly? that is what regulators and courts will as they tried to decide with microsoft. the question, they have a lot of data. the question is what they do with it.

facebook got caught red-handed allowing people or being unaware of people doing pretty nasty things with our data and that has not been a dominant topic yet with google. that doesn't mean it might not be uncovered but that is the key question, not whether or not it has data. melissa: deirdre, let you take a whack at that. both of their business models are to make money off what they know about you. those of us in the business world have always known that is what facebook and google were all b they offer you a service. if you feel it is that way. what you're doing is giving them more and more information and they're selling that. >> as we like to remind people, melissa, if you are not paying for something you are the product. i know a lot of tech companies come out and said that is not really fair and given a more nuanced view. melissa: no, it is fair. >> between google and facebook, i'm not proving or disproving anything, they have 2/3 of the u.s. online digital market which is a 90 billion-dollar company.

i do pick up on your point there with the fact that google did not have as many data infractions as facebook, especially the run-up to the 2016 presidential election. they did have some issues. they were not as widely spread and they were not as widely shared so you could argue at least in that particular context that their "ai," algorithms worked out a little bit more of the noise than facebook. mark zuckerberg has taken so much heat for many investors say essentially ignoring the problem or not realizing how serious it is. when we talk about profits and profit margin, one thing i'm particularly interested in, brings back to something liz mentioned as well, all these companies have to get up to speed before may 25th. guess what? they have to hire more humans. they have to hire a lot more engineers. they will be put to the test. the eu is not kidding around. not really so much of a slap on the wrist penalty. the penalties for for not being compliant with their rules,

companies do not need to be based in europe, just need customers in europe, are $30 million or 4% of revenue whichever is higher. david: we're deregulating here. not over there. put on the screen again what it is trading for after-hours. liz peek was saying in particular there are brand new accounting standards playing a lot into earnings per share. the earnings per share is the profit. as much as $3.40 of earnings per share is because of the new accounting standards. melissa: pick up the noise, pretty close to the estimate. david: once they pick up what was going on, the after-hours price came down quite a bit. melissa: liz, in the end, give you final word there. >> only thing i would say, let's hope when all the dust clears, we have a picture what they earned it is a good result because, boy, companies are being slammed for even the most minor of misses in this earnings

season janaye. >> i think it is where we are. estimates are going up and up. if you miss you're really toast. thank heavens looks like a pretty good number even with that. melissa: normalized out. thank you so much. david: great panel. less than an hour away from an important vote on capitol hill. the message it will send, will the panel vote against recommending president's pick for secretary of state for the first time in modern history despite all that he has already done, even just as a nominee. senator chuck grassley joining us with the very latest where things stand right now ahead of the big vote. melissa: the white house hosting french president emannuel macron tonight for the first state dinner since president trump took office. the situation with north korea and the iran nuclear deal are on the menu. we're live at white house for an update. david: did you get an invite to the dinner? melissa: i didn't. i think mine got lost in the mail. david: this is a serious

situation unfolding as we speak. terror in toronto. a van striking pedestrians. what we know about the driver behind the wheels. we have more details what happened in toronto. that's next. >> this guy, he is going 70, 80. hitting people one by one going down, oh, man. it was, a nightmare, man. ♪

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visit your local xfinity store today. david: we'll take another look at alphabet google. shares are slightly higher after-hours following release of first quarter results. the company's profit jumped 73% in this quarter. boosted by internet advertising sales. a lot had to do with change in accounting standards. that is why the stock is trading a little down after-hours.

melissa? melissa: breaking news out of toronto, eight to 10 people, that is just an estimate, after a driver in a white van plowed into a crowd of pedestrians. canadian police say the suspect is in custody. the cause of the incident and extent of the injuries are not yet known. fox news chief intelligence correspondent catherine herridge has been following the developing story. what is the latest, catherine? reporter: melissa, at this hour half a dozen people are at toronto's level-one trauma center with extensive injuries, after this white rental van a ryder van drove down the sidewalk along one of toronto's major thoroughfares. this is young street. runs north and south. considered one of the largest streets in the entire country. the incident happened just beneath one of the major roads that runs east and west, finch avenue. the van was up on the sidewalk for about half a mile.

based on eyewitness accounts was deliberately hitting pedestrians along the way there. there was one report of a stroller being seen flying through the air. the van was eventually stopped. there was a confrontation with police. the driver got out of the van, witnesses said that they, sort of threatened the police, they said they had a gun. they started waving something in the air. and then the police took down the suspect. we do not know who the person is. whether they were acting alone or in concert with other individuals and what their motivation was. a short time ago we heard from the premier of ontario which is like the governor of the state. that would be the equivalent who said they are sharing information locally at the provincial level, so the state level and also nationwide at the federal level that gives you the sense how serious the situation is, my experience coughing

terrorism and terrorism related events over the last 17 years, they're trying to determine whether this is a lone actor or whether working in concert with others. fatalities in toronto after a white rental van drove up on to the sidewalk, mode down, almost a dozen pedestrians and at a time of day when people were just sort of breaking for lunch, going back to work. in a part of the city which is very dense, sort of urban area. not only residential but also a lot of businesses as well, melissa. melissa: catherine, thank you. i want to alert everyone. we're expecting an update from the police at 4: p.m. eastern time. we'll bring it to you life as soon as it happens -- 430 p.m. david: another crime story in the united states. massive manhunt for the killer in nashville is over. they have arrested 29-year-old travis reinking, the suspect behind the deadly waffle house shooting that killed four people

yesterday. they found him hiding in the woods and he went without incident. melissa: the real world impact of tax cuts, how tax reform is continuing to bring benefits to american workers and businesses. next, linda mcmahon, she is the head of the small business administration is here to respond. plus new questions surrounding james comey and possible mishandling of classified information. coming up, dan henninger from the "wall street journal" sounds off. ♪ drive three-quarters of a car? now if you had liberty mutual new car replacement™, you'd get your whole car back. i guess they don't want you driving around on three wheels. smart. with liberty mutual new car replacement™, we'll replace the full value of your car. liberty stands with you™. liberty mutual insurance.

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david: macron in washington. the president and first lady will welcome the french leader and his wife in the 5:00 hour eastern time. this as the two leaders are expected to discuss a wide range of topics including north korea and the iran nuclear deal which macron wants president trump to keep intact. here with more from the white house is blake burman. hi, blake. reporter: hi, there, david. president macron is expected at

at white in 45 to 50 minutes what is slated as first state visit for the trump presidency. of the next couple days will be busy for the french president. there will be a dinner with the first couple at george washington's home. president macron will get down to business. there will be a state dinner tomorrow night and on wednesday president macron will speak before congress. the white house is trying to position this going into the state visit as two leaders that get along well, with a great rapport with each other. it is very clear there are a host of poll at this differences between the two. for example, there are trade issues at play. they differ on the iran nuclear deal and the paris climate accord as well. upon landing here at joint base andrews in the washington, d.c., area earlier this afternoon, macron described the upcoming experience as, timely. >> this is a great honor and i think a very important state

visit, given the moment of our current environment. reporter: heading into this visit over the weekend macron told chris wallace on "fox news sunday" the president should not leave the iran nuclear deal unless there is a better option. the foreign minister in iran took notice of the comment on twitter today saying president macron is correct there is no plan b on jcpoa, the iran deal. it is either all or nothing. at the press briefing earlier this afternoon i asked sarah sanders if there is as they see it a realistic plan b? >> we certainly think that there should be a better deal, one that actually is positive, that works, and we don't really typically look to the leadership in iran to determine what our foreign policy is. reporter: on a separate international issue the white house is also trying to set the market on, set marker, rather as it relates to north korea. president trump over the weekend

tweeted out, quote, we are a long way from conclusion on north korea. maybe things will work out, maybe they won't. only time will tell but the work i am doing now should have been done a long time ago. he was dialing back expectations there a little bit. sanders today, when asked about this, said that, concessions would not be made to north korea unless, or at least until there are concrete actions. david? david: blake, thank you very much. melissa. melissa: here with reaction, david sears, retired navy seal. start on the point of the iran nuclear deal that the macron is here to get the president to stay in it. what do you think of that. >> of course he is. it is in europe's best interests, france, germany, in particular. france's trade tripled since signing with iran. renault, peugeot, total, germany

has audi, daimler-benz. they see this as big economic opportunity. melissa: that is astonishing. meantime iran was able to receive all the frozen funds. with increase in commerce you were talking about there was no limit on their ballistic missile program. they just poured all of that money into their ballistic missile program. so you know, whether they have continued with nukes or not, which is, i guess a point for debate in some corners they have on the other side with the ballistic missiles, it seems like, the horse is out of the barn to some extent? >> yeah, melissa. you have to remember too, it is not just ballistic missiles. it is money going to hezbollah. melissa: right. >> and funding syria as well as funding the piece in yemen and their proxy war in yemen we know they launched missiles and helped with technologies there as well. they were given a huge inflow of cash. they have done nothing to show responsibility. they're listed as a state sponsor of terrorism, the largest in the world.

how we have a deal with them, that we can not restructure is amazing. >> is there anything you can point to on our side we've gotten out of this deal? because i struggle to find that in there. what can we point to on our side we've gotten in return for allowing all of this money to flow in? >> nothing. this was set up as a false dilemma to begin with. the choice was this deal or war. that is just not true. there is often many shades of gray in between. so that wasn't just two choices. and they set that up that way, so they would like to say that we don't have war with iran or iran doesn't have a nuke. yet, iran says i wasn't pursuing a nuke anyway. melissa: former president obama said this was the way to keep them off the path of a nuke, that he succeeded in that. is there any truth that kept them off the path? i don't see any evidence. they were caught with heavy water twice. there was no evidence they slowed down anything. is there? am i missing isn't. >> like proving a negative.

you have the section t under the joint proposal or the joint agreement that says that we can inspect military sites. however the iea has to request from iran, they won't request because iran will deny. they will be in violation of the deal. this is legalistic games. melissa: anytime anywhere inspections which were a total lie. david, thank you. david: gave them a good bribe. melissa: we did. david: a bloody weekend in nicaragua where nationwide protests against the socialist government of danielle ortega continue. a journalist was shot dead after a life facebook report. protesters blame a government sniper for that killing. state department issued a travel advisory for u.s. citizens. melissa: mike pompeo hoping to be confirmed as secretary of state. senate judiciary chair chuck grassley on what to expect. that is coming up. david: how tax cuts benefit businesses all over the country.

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melissa: okay, you are looking at some live pictures coming out of toronto right now. we're awaiting an update from authorities on the van that struck pedestrians this afternoon. we'll take you back there live just as soon as that press conference begins. david: meanwhile small business optimism nearing record highs. for the first time since 1982

taxes receiving the fewest number of votes when small business owners were asking about their number one financial problem. joining me now is linda mcmahon, small business administration administrator. good to see you, linda. thank you for being here. >> thank you. david: so all the crumbs add up, right? >> they really do. david: what do the business people think when they see democrats trying to pour cold water on all of this? they must say, hey, aren't you guys away of what is happening in your community? >> i can tell you small businesses that i'm talking to all over the country. david: i've been to 35 states, i have talked to over 700 businesses, roundtables, visiting their companies, et cetera. they talk about the incredible benefit that the tax-cut package has for them. not only are their taxes reduced, they're investing that money, there was a bread baker up in massachusetts who said, you know what? you see this oven over here. 1 1/2 million dollars. i'm now going to be able to buy

a new one. i'm going expand the footprint of my facility, bake more bread, hire more people and have revenue coming in. david: you have the instant deductionses. >> absolutely. david: president trump said that is the sleeper. >> it is. david: the fact that you can immediately deduct 100% of your investment is very important. >> that is very important. making businesses who might put off making that investment do it. david: now regulations are another form of tax and that is why what the president did, he was hoping to kill two regulations for everyone new one. instead it is 22 to 1. how much are small businesses affected by that? >> a lot. in a small business it takes $11,700 per employee to comply with regulation as opposed to big business which is 9,000. multiply that by number of employees any company has, see the cost of complying with regulations. no small business will tell me we shouldn't have regulations.

they clearly believe regulations that are necessary should be in place. david: protecting people's lives, but if they're standing in the way of progress are no help at all. >> regulations size of men and women's restroom is certain size, if to the you're fined. david: or a puddle on your farm turned into a water land you can't put any seeds into. >> yeah. david: as we saw even with all the deregulations of the trump administration we're still spending $1.9 trillion in regulations as a result of what is happening. so i assume the president hasn't finished? he still has a lot of work to do? >> this isn't one and done. this is continuing with the president. he is still really enforce this deregulation t was two to one. now it is 22 to one. what will it get to? look at eliminating unnecessary regulations. david: finally the tax phase two, the president talked about that a number of times. larry kudlow has come in. we know larry cares a lot about

individual rates coming down much further and about locking in individual rates came down in the first phase, when will we see phase two of the tax cuts? >> ask larry [laughter] david: i imagine a lot of small businesses want to know. >> they do. but right now they are incredibly happy with what has been put into place. david: but you still have a lot of small businesses, forgive me for interrupting, who their income is their expense and they expense everything as part of their own personal income. so is if you bring down the top rates even further, they went down to 35%, you bring them down even further that will affect a lot of small businesses out there. >> small businesses right now, that are the pass-throughs they get 20% deduction on taxable income before they now pay taxes under reduced brackets. david: addressing it but they still want top rates to come down. >> sure. david: when you do that you bring down top rates you see all the entrepreneurial activity happening that you didn't realize was possible before. that is what the whole

technological revolution in the '80s was about. >> that's right. i didn't meet with one single small business who didn't tell me they would take the money they were saving from the tax cuts, reinvest it in their business, whether they were providing more goods and services, expanding, increasing wages, whatever. they would put it back into their business. david: they're giving me a wrap. i have to ask a most important question of all. is the rock coming back to wrestlemania. >> i have to talk to vince. david: do you see him from time to time. >> we'll be touring businesses starting in florida, coming back up the east coast. it's a big week for small business. shining the light. david: linda mcmahon, great to have you here. >> thank you, david. melissa: breaking news. president trump announcing some positive news moments ago tweeting, here is a great stat. since january of 2017, number of people forced to use food stamps is down 1.9 million. the american people are finally

back to work. david: james comey mishandle classified materials? that is what the doj watchdog is trying to figure out. dan henninger from the "wall street journal" is responding coming next.

>> i an assure you having been at a briefing we just completed in the last while we are very well-served and were from the first moment that this became phone to the authorities and that i want to assure people that the city is in safe hands at the moment and that they're continuing with their investigation and the, the deputy chief will have more to say about that in just a moment. i also want to say this is a time when this community should come together. these are not the kind of things we expect to happen in this city. we hope they don't happen anywhere in the world, especially don't expect them to happen in toronto. but things are, as they are. and beyond supporting our first-responders as they continue to do their work, you will hear more about the tasks that lies in front of them investigating this terrible tragedy i hope we will as a city

remind ourselves of the fact we are admired around the world for being inclusive and being accepting and understanding and considerate. we are united in standing in solidarity especially with those who have fallen victim to this terrible tragedy today. now i have some very practical matters. i want to look at my notes to make sure i don't forget any of these but i want to convoy a number of things to the people of toronto especially people in this area. we're asking people who live here or work here please do not come to the area if you're not already here. police and other first-responders have a lot of work to do on very complicated investigation. it helps with the task they have in front of them if people are not in this area. second isly we've asked and we are asking that all of the businesses and buildings that are, office buildings where people work during the day that those people would in orderly fashion close those businesses for remainder of the day and ask people to go home. it is close to the end of the

business day for many people any event. we're asking people to close their businesses. we're asking for those businesses on east side of young street, use doris avenue for those leaving by car or by foot. those on the west side, use bee croft. we're trying to keep people off the young street so people begin the investigation. there is little chance of disturbance of scene of this incident as possible. we're asking that to be the case. i have already asked that the city government building at the square be closed for the day and i think it was close to closing time. again i'm hoping those people are leaving that building in anrderly fashion. we're asking people coming home to this area please do the same thing. if they can use beacroft to the west of yonge street and doris to the east. we have torontoty police service officers and people from

transportation services department to help with the traffic flow so people can get to where they're going. obviously people have to come home. if they don't have to come home, be easier if they don't come tonight or come at later hour so not everybody is coming here at one time. with respect to public transportation as people will know, we have had the subway closed at the north york center station today but trains have been passing through. passengers are asked to get off shep heard. and trains go through on to finch and people are not able to get on or off at north york center. the trains are empty traveling between the two stops going northbound. we're asking people to take that into account with travel plans. use the york university, subway line or use other means because obviously more complicated than normal because we can't offer shuttle buses on section of the yonge street which will be expected to remain closed for

some period of time. i would say to people i've been advised in briefings privy too this afternoon, likely several days of disruption going on because there is a major investigation obviously that will be taking place here. i hope that people will be contract of that, likely understand there will be disruptions to traffic and to business and to other things and in this area of the city. as part of i'm sure pulling together we will understand the sacrifices people have to make in that regard would be reasonable in the context of something terrible as this that has happened. we have to get to the bottom of quickly as efficiently as possible. finally, i would say that we have are in the process of establishing two hotlines, two response lines for people, the first and most important is for the families of those who are worried about loved ones and trying to inquire about the well-being of their loveed ones. i don't have the numbers at this very moment.

they are being established as we speak and we'll have the information for people very shortly. the second one is one established separately for people who can help the police in any way. if people have any information whatsoever about this terrible incident we're asking that they should contact the police through this number that we will make available to you at same time we make the one available for the families and loved ones of those who may have been affected or those who are concerned about that. so in introducing deputy peter yuen, may i say once again a time to be as calm as we can be in the city. to understand our first-responders are doing their job especially our police. i can tell you how incredibly impressed i was at the professionalism and thoroughness from the room we just came problem. i hope don't forget that spirit of unity and spirit of solidarity and that sense of calm we should have as people go about dealing with an awful tragedy. nevertheless they are dealing with and i would ask for deputy

yuen brief from his end. we will not take questions. it is a too early of a stage to start at things i'm sure you would want to know about. deputy. >> good afternoon. my name is acting chief peter yuen. really here to release some information what happened today on yonge street. approximately 1:30 this afternoon toronto police received number of calls from citizens indicating a vehicle was driving on yonge street and strikes number of pedestrians between finch avenue and shepherd avenue. at this time what is known to us, we've located the vehicle. driver is in custody right now. he has been investigated to the events that took place this afternoon. i also want to offer my condolences to the families and victims of this tragic event at that took place. we can confirm for you tonight, right now, nine people are dead.

16 that are injured. toronto police service has mobilized all available resources. i can assure the public all available resources have been brought in to address this tragic situation and to investigate this situation. i also want to assure the public, the rest of the city adequately policed by our other resources. as the mayor said earlier we will be establishing two hotlines. one is for victims and families to call for their loved ones. the other one is more importantly for witnesses to call in because this is going to be a campus plex investigation. toronto police service will be here number of days to shut down a busy stretch of toronto. this is what is required because this will be long investigation with multiple witnesses. we have a lot of surveillance cameras. namely at 1:30 this afternoon there were a lot of pedestrians out enjoying, a lot of witnesses

enjoying the sunny afternoon. we're urging anyone that saw anything, please call crimestoppers or toronto police service and let us know. those two hotline numbers will be published very shortly on our website, through social media and twitter. please stay tuned. chief is on his way back to toronto. he will be addressing the media later on tonight. there will be more information to follow later on tonight. at this stage i asked the city of toronto, pray for our victims. and to assist the toronto police service bringing this matter to a successful conclusion. as i stated earlier, one person is in custody and an investigation is ongoing. that is all i'm prepared to say right now. thank you. david: that was a live press conference with the deputy police chief of toronto and the mayor. mayor's name is john tory,

giving devastating news that nine people are dead, out in ine midday sun at end of lunch hour. 16 were injured. they do have a suspect in custody. apparently the van's driver. melissa: that was much higher count. we heard murmurings some said bigger numbers. officially before that they said 10 to 12 were struck. we're learning nine are dead right now, 16 injured in the hospital. you can see there the van the driver was taken from. they're still trying to figure out what was the motivation, are there any connections to anyone else in town, all those sort of things. we do know it's a beg -- big number, devastating for the city. david: nine dead, my goodness. we have a battle over the next secretary of state. key vote for mike pompeo is set to begin on capitol hill. democrats on the committee are vowing to block it. how will it play out? chuck grassley the chairman of the senate judiciary committee is here to respond.

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>> when it comes to director pompeo it is absolutely outrageous that he would not move through quickly. he es extremely qualified for the position. frankly, for particular members of congress that it is very hard for them to justify voting in favor of someone like john kerry and not following suit and voting in favor of mike pompeo. david: white house spokesman sarah sanders expressing frustration at the expected failure of mike pompeo to be confirmed as secretary of state by the senate foreign relations committee. that vote will take place -- we have chuck grassley with us now to respond to the charges that

were just heard from sarah huckabee sanders. it is interesting, is it not, already just as a nominee mike pompeo has done moderatorring north korea than either john kerry or hillary clinton? >> yeah. look at his academic, public service, military service, how he has reorganized and rejuvenated the cia, and then like you say, have a personal mission from the president of the united states to go to north korea, the first high-level person to have contact with kim jong-un, that, that shows that the president's got great confidence in him. but this is a very strong individual, just exactly the strong voice that the united states needs to have in foreign affairs and not just with north korea, but i'm more concerned about china ripping us off and everything that they're doing to steal our intellectual

property. david: absolutely. >> to have some strong voice there. david: well, cia director he knows so much of what's been going on underneath the surface that most of us don't see. in many ways he is better prepared, yet john kerry was confirmed 94 of 3 by the senate. hillary clinton, 94-2 by the senate. he won't get past the senate committee? what is up with that, senator? >> well, obviously you know the one senator is holding out there that will bring about that negative vote but what i heard -- david: forgive me you're talking about rand paul is one republican against it. but you have every single democrat is voting against a man who is so highly qualified for the position. what is going on? >> then it is pretty easy to say what is going on there? they're getting a lot of pressure from their base that is very anti-trump and this is an anti-trump vote. surely can't be considered an

anti-pompeo vote considering how qualified pompeo has been. so that is strictly politics on their side. it is a shame that we don't have foreign policy ending at the shoreline. that was the case until about 15 years ago. david: you know, it will go to a full senate vote and it just take as simple majority there. there are three democrats now, there is heidi heitkamp, joe manchin and joe donnelly, democrat from indiana announced he would vote in favor of mike pompeo. with those three votes he should pass with the majority. >> i think that there is no doubt about it, the vice president, i thought, this morning, not finding out about two other democrat votes, that the vice president would be breaking the tie. it is a shame. if you look at the history of people who have been confirmed by the united states senate for secretary of state, that this is

as close as it has ever gotten, the first time also the first time that foreign relations committee hasn't approved somebody overwhelmingly as well. it is just a shame. david: amazing. let's talk about the issue that we've been focusing so much on, north korea, because a lot of people who failed to contain north korea's program are criticizing president trump for being too naive and criticizing mike pompeo going over there and talking to the leaders. these are people that failed to curtail north korea's nuclear development which the president tweeted out earlier today, funny how all the pundits that couldn't come close to making a deal on north korea now all over the place telling me how to make a deal. what do you think? >> you just answered your question. i won't repeat that but i think you will get firm conviction on the part of the president he will not go into this to be

blindsided. he made clear statements last year, last week, nothing is certain that if you are not willing to walk away from a negotiation you shouldn't be negotiating in the first place of the president laid it down. you have to consider what i consider good news. i may turn out to be looking like naive on this point. leader of north has made very positive statements about his willingness to negotiate hard terms of things we're interested david: let me just switch very quickly we don't have much time but as head of the judiciary committee you've been investigating the whole russia thing. you're particularly interested as i am in what fusion gps was up to working with the democratic party. you know the democratic party and the hillary campaign spent millions with them.

were they getting their information from the trump dossier from the russians and isn't that russian collusion? >> well yes and i think you're going to get an answer to your question within the next two or three weeks when the inspector general of the department of justice and he's a very well- qualified person, he was appointed by obama don't let that scare you in any way. he's doing his job investigating and i think we'll get an answer to a lot of those questions when the ig report comes out. he's a very good inspector general. david: and you run good committee searches yourself so we look forward to what you dig up. chuck grassley great to see you sir thank you for coming in appreciate it. >> thank you. david: melissa? melissa: a recap of one of our top stories police announcing moments ago nine dead 16 injured after a van struck down pedestrians around 1:30 p.m. eastern time this afternoon. the driver is in custody. you're looking at the van right there. we have no word yet on the motive. david: no, the police chief of

toronto was out of town we heard from the deputy moments ago but the actual less chief is making his way back to toronto. he should be there by early this evening and he is going to give a press conference as well with more details. melissa: that does it for us risk & rewards starts right now. >> tonight, right now, i can confirm that nine people are dead, 16 that are injured, toronto police service has mobilized all available resources and i can assure the public all available resources have been brought into address this tragic situation. liz: breaking news to the developing situation in toronto, a driver now in custody after plowing a van into a crowd among toronto's busiest thoroughfares, nine dead, 16 injured 17 critically i am elizabeth macdonald this is risk & reward. the mayor of toronto authorities just now holding a press conference the mayor saying it