penalty. bring it for the. [applause] doctor -- forth. one of es mo alarming crimes taking place against our police is ambush attacks, think of that ambush attacks. i have directed the justice department to do everything in its power to defend the lives of american law enforcement. we are honored to be joined today by the family of detective murisitisffamilia. the detective familia was a proud member of the new york

police department. where is that family, where is that great family? [applause] great family. [applause] thank you so much. thank you so much. can you come up here? this is -- come up here, please. i would like to have this family. new york police department, close to my heart. come on. can you open those gates, please? [applause]

[inaudible conversations]. [applause] [inaudible conversations] [applause]

[inaudible conversations] [applause] so i promised i wouldn't tell you she is 90 years old. but you know what? she is really something, right? you look like 55 maybe? a 5? huh? boy, i tell you what, you got up those stairs better than i did. thank you, sweetheart.

>> mr. president, would like to honor you with a challenge coin. >> great guy. friend of yours. >> he was my partner. >> wow. fantastic person. i have heard that. [inaudible conversations]. >> so i just want to say the officer, say something. you know what i would like you to do, say how great she was. he has done this before. say how great she was. she just told me something, this was a great partner. >> all right. that was unexpected. yes, my name is officer marr. i was detective familia's partner the night she was killed. i knew her for about 10 years. i worked with her on and off.

this is a woman who to got injud a while ago, volunteered to come back to patrol, to one of the roughest places in new york city. she volunteered to come back, to leave a cushy job to come back to patrol. she was only there for about two weeks. i had the honor of being with her that night and, she may have been lost that night but, she saved a lot of lives in turn because of her memory and, and everything that transpired after the fact. she was an incredible person. she is missed by the family. this family is, forget it, they're incredible. [applause] thank you. >> thank you very much.

she is are special people. these are special, special people. and i want to tell you last year, just a few hours after the city of new york celebrated the 4th of july, detective familia was on duty in her vehicle, not far from yankee stadium. big yankee fan? you're all yankee fans, right? she was ambushed by a man for the simple reason that she was a member of the police department. she was a member of law enforcement. that was the simple reason. the attack because she was so incredible, was just looked upon so horribly. her family, when people met the family, they saw what an

incredible person she was. i want to say that to your entire family it is such an honor to have you up here. we weren't going to bring you up. but i looked at you in the audience and i said you have to come up because you're representing something so important, you understand that? she loved the department. she loved being a police officer. she loved her job. she was respected by everybody. they told me all about her. she was respected by everybody. of the so she is right now, right there, and she is looking down and she is so proud of you. she is so proud of you. and you are great. you are great. thank you very much. [applause] stay, we'll go down together. stay, we'll go down together. i'm almost finished right? we'll go down together. to all the families here today

who have lost a loved one i would like to ask you to all please stand, please stand. you lost mothers and fathers, husbands and wives, sons and daughters. and america lost incredible heroes. but they will endure forever, forever and ever. you know that. they will endure forever. she will endure forever. in our memories and in our hearts and in the countless lives they touched through their courage and through their grace. their legacy will never die. your mom's legacy will never ever die. you have good genes, right? good genes. best genes i have ever seen. in a moment we will listen to the roll call of these great

fallen officers. as we read the names of your loved ones, we engrave them into the eternal chronicle of american valor. when that siren blairs, when the squad car races down the street, when the police officer steps forth, confident and proud and strong, so brave, in that crisp, blue, uniform, we will think of you, we will think of your incredible daughter, we will be thinking of her. we will think of all the heroes we lost and we will thank god for all the men and women of law enforcement. thanks to all of our wonderful

police to our sheriff, all of laws enforcement and law enforcement officers. you are incredible people. you are the finest, you are the greatest. you are our heroes. god bless you. god bless our fallen heroes. god bless their families and god bless america. thank you, thank you very much. [applause] thank you very much. thank you so much. [applause] [inaudible conversations].

>> mr. president. >> come on with us. [applause] neil: this is one of the solemn duties of the president of the united states. many times, to speak before this case, 37th national peace officers memorial service. invariably every year, remembers officers who have died in the

line of duty. and every year, officers die in the line of duty. some beyond senselessly and tragically. there will be a reading of the names here. you can see the president, in this particular one, taking a different posture than his predecessors in the past who made a speech and then gone. not that there is anything wrong about that but this president deciding to talk to families and colleagues of fallen officers. the president from here will depart from the capitol where meets with senate republicans. this stops in mid-frame, this ongoing heated political debate to real life and death issues and those that put their lives on the line. the president of course has had overwhelming support for and kind word for, respect back from

the law enforcement community. he says incidents of violence perpetrated by officers against average citizens have been a small percentage within a small percentage, that these are good men and women. trying to protect us. who deserve better. and today are getting better. kind words from the leader of the free world. this on a day the president as i said will be moving on to capitol hill to work with senate republicans, meet with them personally on their turf to go over there there could be a phase two of tax cuts, anything much like that. we'll continue monitoring all of this, but the president has already gone longer than they thought he would at this event, simply because he chose to point out those directly-affected family members and colleagues of fallen officers. good morning. i'm neil cavuto. you're watching fox business and

the what will be a busy day for the president trying to realign the right and get their priorities right. he is open hoping a meeting with senate republicans, remember i said senate republicans his beef is largely with the senate and arcane filibuster rule, that you need 60 votes to do anything big and get simple majority to do things equally bid. like a consequential second phase of the tax cuts that would make them permanent for individuals that might be a whole lot easier said than done. let's get the read from katy freitas. we have "daily caller" editorial director vince coglianese and our own deirdre bolton. katy, get the read how the president hopes to change minds among senate republicans, including leader mitch mcconnell are against changing the so-called filibuster rule. he argues time's a wasting.

there is no guaranty you have the majority in the next congress. they feel pretty good they will, but we can get things done a lot faster if you get rid of that 60-vote thing. do you think he will make such progress. >> i hope, he doesn't, they may not have the majority in the next congress. if you take the "nuclear option," democrats in power have the same privilege at that point. mcconnell seems very unwilling to budge on this and i'm not really sure that the president will make much leeway with him. i'm not sure what concessions that he could give or take that would allow mcconnell to be more open to this idea. neil: vince, do you get a read from people you talk to that the president is sensing something and maybe hopes to share that with his colleagues, hey, guys, we have momentum here. we did very well in last week's election. nominating in four crucial states moderate, well--funded candidates who could topple a number of senate democratic incumbents. let's keep this going. people are responding postively

to the tax cut. my poll numbers are up, referring to the president, let's get going here. so sort of like a vince lombardi moment i guess but how would you describe isn't. >> there is voter intensity on the right that i think has been underappreciated that showed up last tuesday. today we look in pennsylvania, candidates running as democrats but as pro-trump democrats, people who are kind of in line with his immigration agenda and other policy initiatives. that is a telltale sign that the president has some wind at his sails here comes politically. when he goes in there, democrats made a mess of this. their electoral priority is simply impeach donald trump. republicans can take advantage of that pushing forward a positive policy agenda especially moving on to phase two of the tax reform which is a good sign. make permanent all the tax cuts. democrats mocked republican side, hey, why didn't you make those permanent. i think this is the perfect opportunity for president trump take the bait. make them permanent. neil: call their bluff.

a very good point. deirdre, good news can sometimes be bad news on wall street where it is deemed, interest rates back up. ten year note highest in seven or eight years, 3.6%. those high rates are hurting stocks here a little bit. as people wrestle with do i want to put my money in the safety of low-yielding treasurys but it is still better than risking it in stocks. that battle has gone on for many aer grew. what do you make of that, that underpinnings of this is a good economy. >> i talked about this we're seeing great earnings, gdp at least at the last quarter, not quite at the 3% that the trump administration is targeting but pretty healthy. we saw unemployment come in at a level, low level, not seen since year 2000. there are so many signs of strength. we're beginning to see a little bit of wage growth even. that was always the biggest complaint, even if you had a job, you didn't feel like you had purchasing power.

that is changing for the better as well. the one side settlement, neil, when you mentioned this idea of permanent tax cuts for individual, the criticism, the only big criticism that i'm hearing from my sources about this is that the trump administration has perhaps been too optimistic about just how much more we can grow. so yes the underpinnings are strong but a lot of people say the assumption that gdp can clock in at 3% and basically stay between 2.7 and 3% for indefinite future is not realistic. the cbo, right, which we accept as fairly bipartisan and middle of the road is targeting closer a little bit closer to 2%. shows you a difference of opinion. but as far as market fundamentals, economic fundamentals they look good but maybe not as good as the trump administration could hope if it is going to make that second round permanent. neil: i think he will go for the half-full glass argument i have a feeling. guys, thank you very much. we were cut down a little bit

with the events of the president addressing law enforcement officers in washington a few minutes ago. when we come back we'll get the latest on what has become a trend here where if cities, municipalities are in some disarray, can't get money to fix problems they want to hit up the local business n seattle they put this on steroids and put amazon essentially under the microscope, share the loots. help us deal with the homeless. there is homeless problem pretty big in seattle. if other cities get wind what went down in seattle then what? after this. ♪ ♪

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neil: president at capitol hill with mitch mcconnell with him. i think he was asked questions. let's listen. >> mr. president? is there anything to apologize

to senator mccain? >> [inaudible]. thank you very much. [shouting questions] neil: i think that is right. i think they were asking him specifically about comments that an aide made about john mccain. he termed that as simply wanted to talk about his wife. who is, you know in the hospital right now after this kidney surgery. minor surgery we're told. it will keep her there a couple days. bottom line up on the hill, meeting with senate republicans trying to get them going on a couple of big, big issues hopes can get done in the waning days of this particular congress where the tax cuts were achieved but he wants to make the individual ones permanent. he wants it push for the senate to do things by simple majority. no longer 60 votes. mitch mcconnell i was with him, he doesn't want to do it.

be careful what you wish for, when you're in the minority, other party has that, you are not a happy camper. those two have serious differences when it comes to that. they do agree on some bigger issues like wanting to remind voters that the tax cuts, the economic improvement is real. better-than-expected economic news we keep hearing brought interest rates back to 3.6 or 3.7% on the 10-year note. is rallying markets. news for them is too good to be true. we'll get into that in a bit. meanwhile the fallout after amazon was targeted for what will be among big employers like them in the seattle area paying for homeless and related costs the city can not bear alone it says. amazon not happy, not happy at all. hillary vaughn with the details. hey, hillary. reporter: neil, amazon is calling this vote a hostile

attack against larger businesses in seattle. they say it is making them question their future in their hometown. amazon and starbucks the two biggest providers in the city both hit back against the head tax that will cost the companies millions. even though supporters of this plan wanted to make it all about amazon, this tax is hitting 600 businesses in the city and small businesses worry it is going to run workers, customers, and revenue out of town. >> ask you to slow down and look what the impact is beyond amazon and to your local family-owned businesses. >> we have no reason to believe that it will actually help address the problem. over 200 million in tax dollars were spent on homelessness in king county last year. that is 17,000 for every homeless man, women and child and the problem got worse. reporter: champions of the tax argue that poverty in the revenue-rich city of seattle is symptom of big business and focused their attacks on the world's richest man, jeff bezos.

>> you would rather cause pain to homeless people than cause pain to jeff bezos. >> jeff bezos issued a threat. if you capitulate at this stage, it is nothing more than you favor jeff bezos overworking people in this city. reporter: underthis new tax amazon could spend 10, more dollars a year to cover 45,000 ememployees in the city. they expect it to bring in $47 million in expected revenue. 66% will go to affordable housing. neil, they think that $31 million for affordable housing will build around 600 apartments for homeless people. neil? neil: okay. hillary, thank you very, very much. hillary vaughn. meantime, it started with charlie gasparino reporting on the cbs and redstones at it. all of a sudden there gets to be movement and activity in the stock. every one talks about it.

every one writes about it. here he is is to follow up on it, charlie gasparino. what the heck is happening now? >> let's back up a minute. it is a incredible case. the delaware chancery court ajudicate big issues, are certain parties following rules. think about what they're saying doing tomorrow. they will desire whether controlling shareholder of a company, a family-owned company, in this case the red stones, shari, sumner. neil: shari is the daughter, ostensibly running things. >> sumner is ailing, why shari is running things. sumner, long time takeover artist, media mogul, you name it, the court will decide whether the board of cbs and management can take control of the company away. and, and that board is being led by les moonves, long time ceo. neil: does not want this americanwer viacom. >> does not want the merger that shari is forcing down his throat, viacom --

neil: they're suing over it. >> they're suing over it. that is the injunction. here is how smart les moonves is. he thinks he has a strong legal game. what i'm hearing from people inside cbs he thinking long term. he wants to run cbs. that is his first goal, basically run it solo but he is actually thinking long term, conceding to people inside of cbs, we gotten it from sources inside the company that the ultimate out come of all this, if wins, wrests control of cbs from the red stones would be sale and merger of cbs it is almost inevitable that this will come up. content plays, particularly with all the stuff going on, cord cutting, the fact that you have big tech involved in media, and entertainment, the content cbs has will be considered takeover bait. neil: hasn't she countered, you don't do this, you're out, every member of the board is out? >> that is the separate argument. let's say he wins. now the thing is, he has to win.

and this is getting crazy which -- neil: but if he doesn't, he is gone. presumably the board could be gone. >> yeah. guess what, he doesn't care. neil: he doesn't care. >> doesn't care for two reasons. one he thinks he will go down in history as a shareholder activist, viacom assets, nickelodeon and mtv are kind of crummy. he thinks the price they're shoving down his throat is way too high for these crummy assets. number three, he walks away with this enormous compensation package. anything between what i heard, getting this from board members inside of the place, i don't have the documents, they're estimating, anywhere between 150 million and 200 million. not only that -- neil: he wins either way. >> not only that, they have to allow him to do some movie production or production of certain programing. he is still going to have a lot of fun and be rich. so he is looking at this -- neil: he would be highest priced free agent out there in entertainment. >> next two days will be huge. the chancery court, think about

it, if they weigh in on this in moonves's favor, they told every family-owned media company, we work for one of them, you could be theoretically upended by your board if you don't have majority share. these companies are generally controlled by families. they have the controlling shareholders. they're not biggest shareholders. what the delaware court will be saying, it doesn't matter if you're controlling anymore, you can be upended in this whole scheme. neil: the bloom is off this relationship rose here. it was always icy to begin with, but at least they would find a way to be quasi-civil. >> well i think, to be honest with i think les moonves respected sumner when he was willing and able, when he was of sound mind. he does not respect shari redstone's business acumen, does not. neil: stay tuned. >> yep. next two days, we'll find out. neil: thank you, my friend. charlie gasparino. as you know right now, the supreme court says go ahead, have at it, bet on anything.

bet on whether charlie gasparino will have yet another update in the next hour that will break us into. i can guarranty you that is an easy one, he will but the read what that means from you from genesco sports enterprises ceo john tatum what that means in your state. that would be a very easy way for states all of a sudden to get pushing the kind of things they want to do. john, very good to have you. >> great to be with you, neil. neil: what are we looking at here? my first thought, i know about implications for people that bet, i know that my immediate interest is seeing what is happening in my home state of new jersey. this was first pursued by chris christie, because it would raise a lot of money. nationally we're told this represents about $150 billion a year in betting going on. some say that is a conservative estimate. if you tax that in new jersey alone, i meanwhile not all in new jersey, you could get a lot change from that. where do you think this is

going? >> i think it is great. yesterday was a great day for not only for the economy overall, if you look at the gaming stocks, they were all up. but, just for this sports industry, across the board. as you mentioned, governor christie he accomplished a lot of great things for the state of new jersey, but this may be his walk-off grand slam home run. you will reinvigorate monmouth park. you will reinvigorate all the television executives. i'm sure les moonves is ecstatic today. ratings on tv sports will go up if not help stablize them. you opened up a whole new eco-system and opportunity with this ruling yesterday. it was a great day for the sports business. neil: you don't think it would hurt, to your point, obviously a lot of casino stocks, anything with remote connection to this

has been benefiting. normally that tells me there is problems with that. they all can't be winners in this. >> neil, you hit the nail on the head. this has been an industry, estimates are 150 billion as you mentioned offshore. but i've seen some reports that there could be as much as $500 billion that is illegally wagered offshore. and when you think about march madness most recently, there was an estimate almost 10 approximately dollars was wagered on march madness. the past super bowl in minneapolis was almost five billion dollars wagered. now all of a sudden you're going to bring that back into the light. you're going to legalize it. you're going to regulate it. certainly the government, state governments, potentially federal government will tax it. that will also help generate revenue to police the industries

so we don't have any kind of bad characters. and i think it's going to reinvigorate a lot of places like monmouth park. neil: you don't think it was like with tobacco stocks which benefited were thought to be hurt originally when we would raise taxes on them and all, cities, states, depended on that revenue, but got so high it got to be a shrinking pool? you don't think the same will apply here, that people seek out offshore locales to avoid that? >> neil that is a great point. ronald reagan said it best, right? his view of the economy, government if it, if it moves, tax it. if it moves too fast, regulate it. if it doesn't move, stimulate it. i think orrin hatch announced he is already working on legislation. i'm sure he got his feelings hurt because he was part of the past 1992 legislation.

but i think that bringing this 150 billion, 500 billion, whatever the number is, bringing it back into the light, making it legal. i think it will be a win for a lot of people and a lot of different industries. there are progressive people, adam silver at the nba has -- neil: on tempting kettle of cash hit them in the face. so they are planning to do stuff. john, always fun. thank you very much, my friend. >> great to see you, neil. neil: john tatum. in the meantime that lunch is going on right now. this is republican senators. he has opted not, that is the president of the united states to go to the house side, speaking with the senate, because the house he feels he is getting a lot of good news for them that he wants. he does not understand the arcane nature of this particular body where it requires on big, big, pieces of legislation 60 votes to get things done.

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>> welcome back to "cavuto: coast to coast." i'm nicole petallides live on the floor of the new york stock exchange. a selloff underway after eight days of gains from the dow jones industrial average which gained roughly almost 1000 points during the eight days. we have every sector to the downside with the exception of energy. the dow down 217 points. had been as low as 261 points. there is pressure that is on. we're watching oil as well, which has been a winner the last couple of weeks. it is up 17% this year. it is down slightly at 70.86. look at the 10-year bond yield.

this was the highest levels since july of 2011. we're seeing bond yields rising. as bond yields rise we're looking at everything from trading uncertainties to retail sales numbers. as these rise, look what is rising along with it. look at financial related names, consumer finance, keycorp, capital one, people's united. you can see that these particular stocks are actually a few of the gains we're seeing today. fifth third around also metlife. each up more than 1%, neil. we do have a few names on the dow, such as walmart, nike, disney. home depot after weaker sales numbers is one of the laggards on the dow jones industrial average. neil: thank you, nicole, thank you very much. day two in jerusalem. day two as recognized capital not only of israel but we're replacing our embassy and whether other countries follow suit remains to be seen of course. it got pretty bad yesterday in clashes with palestinians in

gaza with 58 killed. the latest now on day two as i said with israeli deputy minister for diplomacy, prime minister's office, michael orin. thank you for joining us. how is it going today? >> great to be with you, neil. a little quieter today but the world press and some european leaders are ganging up on us. basically they're serving hamas. what does hamas do? it stops food and fuel from going into gaza. it creates a humanitarian crisis. it takes despairing people, sends them up to break through the fence. they hold their terrorists behind waiting for civilians to run through. we have no choice to but to defend ourself and our border. much of the world is condemning us for war crimes. they're basically serving hamas's goal. that is what hamas is about. neil: as well, minister, whether in response to the threat or whatever you want to call it,

that it was disproportionate to the rock throws when they were getting shown down. what do you say? >> drives me crazy. i enter view on european channels. they say how come more israelis weren't killed? they want me to apologize for the fact that our soldiers defend themselves and defend our citizens. what they would like 40,000 armed people to come through a fence to kill israelis so it will seem less disproportionate. i'm sorry. the people recognize it, best in the world, the friends in washington, trump administration, ambassador haley in the u.n., stopped again and again efforts to condemn us in the u.n. australians are with us. we're deeply appreciative of that support. israel will continue to do everything in our power to defend our citizens and defend our states from what hamas itself says. hamas says it is not peaceful demonstration. it is about destroying our country, killing our citizens of the we won't let it happen.

neil: minister, in the meantime are you troubled by the fact guatemala, paraguay, planned embassies in jerusalem as well, but that's it. european countries are slow to move. don't want to do so right now. do you think it's a matter of time? do you worry just those three countries for a while? i think what happened yesterday, i was at the ceremony yesterday, neil. it was extraordinary so deeply moving. it created a process. now several central american countries follow the america's precedent. several eastern europeans countries will do so as well. it will create a mow -- momentum. eventually it will create a tipping point. so i think a majority of embassies will move emba i sos jerusalem, our eternal capital. neil: thank you for taking the time. israeli deputy minister of

diplomacy, michael orrin. meanwhile a tale of two michaels. michael cohen, you know all about him, the president's lawyer. michael avenatti why don't we know a whole lot more about him? not me asking. a top clintonite is asking. after this. you'll only pay $4.95. fidelity. open an account today. with dell small businessout your technology advisors you get the one-on-one partnership you need to grow your business. the dell vostro 15 laptop. contact a dell advisor today.

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neil: does michael avenatti get a pass michael cohen does not? regardless how you feel about stormy daniels lawyer and how you feel about the president's laura they both treated same when it comes to media scrutiny, not only scrutiny over what they say and financial scrutiny what they say and financial impetus behind what they do and say? former clinton advisor, mark penn, author of micro tend squared among other books. he is very good read of thing. very unbiased read of things if that is possible in this day and age. mark, it is interesting, i always say to people that get worked up on the right or the left, i look for consistency. you know, is the same obsession you're giving to watching michael cohen and his ties, are you applying that to avenatti and his dies and they are not. >> well that's right. i think we've seen this double

standard in so many ways undermining what is happening in our country. i think when it came to michael avenatti, he had 100 interviews and nobody pinned him down on tough questions. where was he getting the funds from? did he indemnify stormy daniels when he told her to violate her agreements? is there a opo research operation behind him? you know, i think as you keep looking at it, where did he get these bank records? what was the process for those and were they legally obtained? nobody pinned him down on anything. neil: again the same issue when it was michael cohen in connections and finances, that they wanted to get to the bottom of. now i understand one leads potentially or the connection leads with now the president of the united states. i will even grant that. but in his case wonder about how he is getting payments, how he is getting information, and who is leaking it to him, who is funneling stuff to him, those are legitimate questions whether you're on the right or the left?

>> absolutely. look he pointed to a fund, a fund that he set up after he was already representing her as how he is getting paid. there is about $500,000 there. last time i looked. i don't know, there is no accounting for the 500,000. he didn't really set that up until he had been asked the questions of how he is being paid. that kind of came later. claims this privilege about the bank records. let me tell you, if michael cohen had somebody's bank records, the fbi would be knocking down his home with guns to find out how he got those. instead this guy parade around on tv. it is the double standard that is really raising standards. is he acting as lawyer, a political consultant, somebody who wants to get speaking gigs out of this? who knows. neil: you know, people as you swear, i mean they see everything through their prism, the day and age we live in, you and i gotten into this before, mark, i think with three business networks go on 24

hours, three news networks, 24 hours we have time to get into all this stuff. we have time to look into the avenatti ties and time to look in the cohen ties. all that is fair game. but when you're lop sided in one area and not even bothering in another, you are screaming bias to your audiences, and then you wonder why you're losing them, you know? >> look, the most important thing from my point of view is i don't want us to fall back into 1998 all over again. you know, i don't know there was real basis for this investigation in in the first place, but by the time you jump over from one matter to another matter, to investigating speeches the president gave to now investigating people who had non-disclosure agreements for one-time affairs some years ago they may or may not have had, once you get over to this point, looks like we're 1998 land, i think that was a waste of national time when we have so much going on in the middle east, korea, america, our economy, need to revitalize the

cities. you know we got so many real issues to deal with, how can we waste so much time on this nonsense? neil: that was the rap in the ken starr investigation of bill clinton you're alluding to, that was one that went far afield from the original task as a lot of these tend to do. a lot of people say there should be a shelf life on them, one year to get to the bottom of something, then it veers into other areas they get into. i understand how this process goes but it just goes on and on and on. i don't know what the solution is is but the way we go about it is part of the problem? >> this is a very unique situation where the attorney general recused himself and so, many ways we have a government within a government now because technically rosenstein was not a direct, confirmed, i guess he was confirmed, but was not the attorney general appointment. because we don't have the same chain of command we had. neil: yeah. >> even back then janet reno was

the attorney general. we have fights with congress. the president in fact can't do anything. so that tend to propel this investigation i think beyond anyone. look, if you worked in a campaign or a white house, you don't have to say, hey, who is my lawyer, how much legal fees do i have to pay? every meeting here, should i have notes, should i not have notes, should i have cover my ass meetings? this is not a way to cover the government. even monica lewinsky we didn't have any range of covering every single person in the white house. it is detrimental to the government. neil: i think right or left it is out of control. michael penn, former advisor to president clinton. all the republican senators, save john mccain recovering from the brain tumor, has not been exactly complimentary of

the president, in blurbs of his book coming out, the president reciprocated, the aides have in the white house. those are questions shouted out to him. what he makes of all of that. he is trying to stay focused time being, having republicans stay focused where they are right now. doing okay, a tax cut yielding results and economy picking up steam. that will be his pitch. he is essentially telling them, act like it. play like it. win like it. more after this. for leisure. so i go national, where i can choose any available upgrade in the aisle - without starting any conversations- -or paying any upcharges. what can i say? control suits me. ..

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trained to all right, we're at the worst levels of the stock market, even if interest rates continue to back up even more. the highest since 2011 out of 3.08%. it has been an awful lot higher. we should point out for a brief period in 1987, and it got as high as 10% and the network was going on the air. there is appeared for a cut over 7%. our numbers genius you remembers all of this stuff. it was a lot higher. my only point is the flipside of rising yields and rising interest rates is reflective of the good economy. the flipside of that flipside is that gets people fearing the federal reserve to reflect a strong economy starts hiking interest rates more than would normally be the case. looking for two more hikes at a

minimum this year. some say maybe three, maybe four. the sentiment changes pretty much by the day. that is the latest sentiment here that we will see interest rates moving up to keep ahead of all of this. home depot also out with some numbers that were not up to snuff and fears of a china trade war despite the top trade officials in the country visiting now there are officials were in china a couple weeks ago. look at the rate of all about from edward lorenz on capitol hill right now with the latest on how those might be coming among. >> nail, while president donald trump is here at the policy lunch on capitol hill, the chinese vice premier is meeting with none other than the treasury secretary. the core object is for the u.s. hear the u.s. here this trade talks have a number of difference. they want the intellectual property. china forces companies to

partner with chinese firms are people of access to trade secret, giving them the ability to duplicate products or processes. they want to remember want to remove other various to u.s. companies, letting them freely sell in the market. the president wants a reduction in the trade deficit of $200 billion by the year 2020. senator marco rubio says we need to have this tough talk on trade with china and a long-term approach. >> this is probably our last chance to rebalance the very important relationship and if we don't, then i think in future years will pay a terrible price. be my president donald trump tweeted about the spear trade negotiations are considered with china making hundreds of billions of dollars a year from u.s. for many years it's taken. the president putting on the table for chinese filmmakers dce. they place crippling sanctions as they were caught telling things to china and iran and

north korea appeared neil: thank you very, very much. the president meeting with senate republicans want to change those rules, specifically because you don't need a simple majority. you have to get 60 votes in the senate. that is next to impossible because the simple majority of republican enjoyed making the majority. easier said than done. fox news.com list peak and the federal senior editor molly hemingway. where do you see this going? it's been a push on the part of this president as long as i can remember. but mitch mcconnell has blocked them. he kind of likes those rules and said republicans should they ever lose the majority would probably regret giving democrats that power. so where is this all headed? >> it's easier said than done. mitch mcconnell is a noted in

an institutionalized. he's changed the filibuster rules on many denominations because these are rules that protect the minority and we may look at this six months from now and what would they do if they had the lower threshold? do we do things or publicans are doing right now because they lower the threshold for judges in 2013. mitch mcconnell has present a -- tons of president trump nominees and mitch mcconnell might open up the side for the next majority party which could be democrats. trade deal i don't see because of what nick outlined the next phase two of the tax cuts even happening. it could happen in the house, but i don't see them making much progress. >> the reconciliation to get a tax cut in the first place. that does allow you a one-time shot at a 51 vote, which we got. i agree with you is very unlikely they're going to revisit this. as to the minority party, using

this against republican the next time around is almost a guarantee that republicans will be the minority party unless they get more accomplished. voters are angry about the fact that republicans have the white house, senate in the house and there are so few things on the agenda which i pass because chuck schumer has made this his resistance. they are basically slow walking the work of the senate. i think mcconnell needs to move en masse and i don't think there's not much downside risk. democrats will do it if the gop does not. neil: molly, there is a flipside that maybe we are under appreciating the support. i'm not saying atop the charts charts, but i am saying a republicans and might be a case of off the map. you are not going to get buried in the selection for the blue wave everyone has taken as has taken unforgiven is not a matter. what do you think? >> first of all, people are way

too eager to make predictions of doom and gloom. we don't know what's going to happen. particularly that destroyed the senate, one of the most favorable climate for republican and their majority that they will have in quite some time. i miss minority point it's absolutely true you want to protect minority rights, but we have to also acknowledge we are seeing a massive change in the senate and one that is not for the better. harry reid change so many rules inherent power it is safe to assume democrats retake that power, they will glitter at the remaining protections for minorities, for the minority party. in that climate, it's a difficult situation because there were several hundred nominations. it's not just judicial nominees. it's all these other nominees for cabinet positions and other things requiring senate confirmation. it's a very effective way to obstruct the governing majority is too slow walk all of the

nominations. neil: i know it's sort of like a snapchat at the blue wave is coming. you know, it's outlined. and i'm not sure it's a given in the house. do these numbers change when you pull americans who want to see democratic control, republican control and that could change yet again. i don't know. i don't take that as a given. >> i think you're 100% right. i take nothing is a given and we are trying to look at these kinds of things. the prospects of democrats are much more favorable in the house. if much were difficult in the senate depending on the state's trump on. i think it's very plausible that republicans won't lose seats, possibly gain seats for the first time ever in many decades for one party gained seats in the house and loses some in the senate. i think it's true that this is

only made. a lot of surveys and polling. we see these broader trends at all. >> we have so many graphics that we keep updating that it will pass like a rocket. how would the markets digest in no way for the president to come out of the lunch with the senate republicans. how would the markets react to the scenario that makes just outlined instead of going one way, maybe beefing up its numbers in the house going democratic. >> i think at the republicans gain numbers in the senate, that would be a huge positive. let's think some of the things on the sideline that republicans want to get done. first and foremost is infrastructure. a lot of conversation about that. we know it's popular in the country. we are talking a lot here about legislative maneuvering and political obstruction and so forth. let's back up and say what is

good for the country? tax cuts prove to be good for the country. infrastructure fixes would be good for the country. all of these things are sort of backed up in the senate because schumer has invoked cloture on a nominee turning out to be noncontroversial like jay powell to be head of the fed. it is unconscionable to work for the people is not getting done. it's infuriating to me. neil: molly, do you have any thoughts on the role and the fact that the president will play in all of this? he's not on the ballot that is very much on the ballot. his numbers are picked up a little bit. how does that all play out? >> is a prime motivator for the republican base in the democratic base. he will definitely play a role. it's a reminder of people want to see changes in the senate, the most effective things they

can do is vote. republicans have such a narrow majority. the nonfunctioning body. the way to resolve it is by beefing up numbers for republicans are switching controls for the democrats. it's a very difficult thing to manage when you have such a quantity of republican in the senate and mitch mcconnell might wish he had a slightly better quality at times and the battles get tough. >> it's a pretty good branch. we will see. it is still early to all of your points. thank you very much. interest rates continue moving up right now. this is something we've not seen since around 2011. while over 3% now. 3.08%. the belief that people tend to believe right now that they've got a wrestle with this issue. 3% is not really much to write home about. but it is guaranteed by uncle sam. at what point did they decide

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dream to all right, home depot shares under little bit of pressure after going unfilled and spring sales disappointment. they run up far and fast as a no one is telegraphing the tax cuts will do a lot of good with the workers. today though not so well received down about one and a quarter%. the dow was looking at disrupting what had been its longest winning streak in some eight months and all of that as interest rates climb. 3.08%. mix all of that in. joe grant follows this stuff very, very well. how are you playing this? is it a one-day event? what are you looking at? >> you should expect much higher volatility from year-to-year and in a high possibility of a 10% 10% correction to four year end. one trade that has been calm down. we got some tweets this morning from the president upping the

rhetoric, but he just settled down some. rates are a big deal and on two fronts. once you suppose it 3% and meaningfully go above it, he readjusts peoples orientation towards risk. the second is the tenure in the 30 year i think 17 basis points difference and that might invert and those two things overall rates for the tenure and split between the time in the 30 go to a more volatile market. neil: you know this so well that those gaps have been narrowing between the time and do you know. normally when that didn't happen in the yield curve is inverted, and you've got some trouble on either a slowdown or worse. what are you looking at? >> i think what i see is typically interest rates are smarter than the stock market.

i've been very concerned that we are not seeing a little bit more movement and especially on the 30 year. what i think you are seeing is the tax benefits or hear an immediate and having an impact on valuations and earning an company is buying back stock that will still be there for a few minutes. but then it's priced in and people think about where should i put my money and the higher interest rates go, the more expensive violations become on a relative sense, which is why if the fed steps back, volatile bleeding will go back. that is going to go away, which means you still have to earn equities. you have to be prepared for a lot more of the typical valuation decline. typically every 18 months you should see a 10%, 15% decline. we haven't seen that in years. trade weighted north america cycles here. thank you very, very much. in the meantime, elon musk getting a little bit persnickety

here over the media coverage of the tesla crash. susan leigh has the latest. >> that's a nice way to put it, neil. these autopilot crashes seem to get under the skin of elon musk especially the negative press that surrounds it. the tweets from last night are super messed up that they tesla crash of the front-page news. this type of combativeness is not new. he criticized the infamous earning call a few weeks ago saying it's incredibly irresponsible of any journalist with integrity to write an article that would lead people to believe autonomy is less safe. the latest crash took place in utah following the ones in florida and california involving the template car in autopilot mode. the stock falling today again after morgan stanley cut its recommendation. yesterday we had news that tesla's chief engineer and his department and an executive in this type of market really

questions the future of tesla and the company on top of the ongoing delays with the mass-market model three, production delays being moved back twice now. tesla at one point we checked the stock today, charles brady did and he said break now we are slightly below gm's market cap. back to you. neil: he told me that. seriously, very good reporting. thank you for that. work for my company and i'll even help you move. in fact, i'll help you in more ways than not. just flock with what small businesses are doing with the big assets. jeff. >> i'll tell you it's amazing. you wouldn't think you'd hear this in america. for some here at the café valley bakery they make 40,000 of them an hour.

they would make even more but they can't get enough. so what is happening? the local community is actually incentivizing people to move here. they will give you $5000 towards a new house. to give you 20% off your rent if you rent the place and i've got the ceo of café deli bakery. he can't get enough workers. what's that about? >> and marion, great time in particular. that unemployment has been a 3.9%. there's a relatively finite supply of workers. so we have had a very challenging time finding people interested in working. reporter: you pay people much more than minimum wage. >> we are 50% over the indiana minimum wage and we typically have 30 to 100 opening, including skilled jobs that pay between $50 -- $50,100,000 a

year. reporter: and you can fill them. >> grant county economic growth. reporter: this is public money going to incentivize. is that good use of public money? be my guest, we believe so. employers say they need a more skilled workforce. and also allowing multiple residents the ability. reporter: this isn't the community doing this. other communities around the midwest. they are offering to help you pay off your college loans if you need that. also, north platte, nebraska, ohio and one town in iowa is giving you free land if you come there and build a house. amazing. they could be making even more if they could only find people to work here. neil: that's amazing. i would do it just for the

croissants. just give me half of whatever is coming off of that. reporter: doing it for the clothing that's for darn sure. outside of that. neil: you look fine. i think there's a picture we can use that her christmas party. in the meantime, helping zte, the chinese telecommunications go out there. they've been charged with spying in all but the president is trying to help that with the idea that we are getting something out of the chinese to help us. that sounds like a stretch. but the details behind it after this. market volatility may do to their retirement savings. that's because they have a shield annuity from brighthouse financial, which allows them to take advantage of growth opportunities in up markets, while maintaining a level of protection in down markets. so they can focus on new things like exotic snacks.

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.. neil: all right, no sooner did we just get an update on what is going on with cbs in the red sounds and everything else and sure enough he got some follow-up. reports right now i'm not follow-up and some shouting back

and forth at what's happening, buddy? >> the empire will strike back at the national amusements come in the holding company run by the redstone family was controlling interest in cbs is at we cbs right now is going to file imminently with the delaware chancellery court. it's position on this whole mess, and mainly less moved than it did yesterday, which was filed the lawsuit in state court essentially to wrest control of cbs and the controlling redstone family. the empire strikes back. i hear the filing is sometime today. it has been described as imminent in the sense that this stage for the court tomorrow to make some sort of ruling on what's going on. if he gets his way, they are likely on the cbs board on thursday as likely to vote to dilute the redstone's and

essentially take them away. the national amusements put us in a very difficult position. in the next 24 to 48 hours, this executive said do not rule out national amusements can assure you redstone is controlling shareholder of that company, the holding company firing the rest of cbs as sustained winds its way through core. a lot of stuff's going to happen in the next two days. the first thing that happens is obviously the answer to the cbs lawsuit. that from what i understand is happening imminently, sometime today. the second thing that will happen is whether the redstone's go nuclear on their own and fire the board of cbs. that could happen in the next 24, 48 hours. they are not ruling that out.

>> charlie gasparino, thank you very much. we will keep you posted on that. meanwhile, the counterparty in the united states i believe secretary mnuchin, that the issue here is how to make progress on the situation when the president just brought in all this other stuff. "the wall street journal" editorial page, james freeman. i do understand the logic behind how opening zte. but they also steal a lot from us. so help me with this. >> these are bad guys. unless there's a lot more to it that we haven't learned about, zte, big telecom equipment manufacturer caught cheating repeatedly in whining about it in terms of sanctions. they were taking u.s. technology that was not to be shared with regimes like north korea, iran,

and better in breaking the sanctions. they deserve -- [inaudible] >> go ahead. >> promises of reform and daylight again and then to giving mrs. to the people the company were cheating. neil: why would the president do anything to help them? you make it doesn't make any sense. we've been helping the negotiations would maybe lead to an opening of the chinese market. stop stealing u.s. technology. stop forcing u.s. companies to do joint ventures and share trade secrets. so far we are not seeing any of that. >> one of the things we learned as you reported is to buy a more agricultural items to essentially billions of dollars worth for like a quid pro quo.

>> it seems like all they are green to do is not add new punishments to our ag products in response to transaction. what we get back to get the deal on the table as it's been reported happens, we essentially get no improvement in access to the chinese market and wee lad zte off the hook. neil: someone thought this was important enough in china. >> that's for sure. they've been talking about it in the negotiations in china and told this was a big theme. they want zte to get some relief because the fact they are not able now to buy u.s. components from intel and other u.s. companies basically was putting them out of business. neil: where is this whole thing going? if they continue to talk, where is this going? >> looking at this trade, it looks like it has to be part of the north korea resolution.

neil: it all comes together. >> the president better be giving something very big in terms of removing the regime is a threat to the world permanently to justify letting -- >> is doing a deal that was benefiting in helping the very regime that he argues in the past with united dates. >> about the sanctions travels, and zte breaking the law, there's a big argument not to let china dominate the world infrastructure. this is a communist regime remained the biggest, perhaps most sophisticated police state in the world that relies heavily on the telecom infrastructure. the idea you want that equipment proliferating around the world and in the united states is very questionable to begin with. when you add the particulars of the company's offenses, it is mind-boggling unless there's a big delivery from china come

either in the north korea situation -- neil: there something we're missing here because my first reaction was this doesn't quite pan out. thank you very much. we are back to session lows. i don't think james has anything to do with that about 231 points. interest points rising. home depot getting pounded and a lot of people saying at least after eight consecutive days running up, it is a pause. at the very worst it's just a pause. is that the case? after this. if you'd have told me three years ago... that we'd be downloading in seconds, what used to take... minutes. that guests would compliment our wifi. that we could video conference... and do it like that. (snaps) if you'd have told me that i could afford... a gig-speed. a gig-speed network. it's like 20 times faster than what most people have.

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neil: you know, more than a year now the smaller probe and no sign of how senators. sarah carter on what you're looking at and where we stand a little after a year. can you hear me, sarah? >> i hear you now. it's great to be with you, neil. neil: where are we now in this

whole process? >> we are looking at, you are right it's been almost a year and when the probe first started, when they first set up the special counsel, it wasn't really based on a crime. this is what the concern is right now. it was based on more of a counterintelligence investigation. this is a big fight now for the memo written by rosenstein about 10 weeks after the special counsel was initiated. where we are right now is we've got representative panetta is now fighting as well as unions for the full scope memo, which by the way has been redacted and now also judge ellis, who is involved in this case case reprimanded moehler seeman said i want to see the scope of this investigation. we want to know where this is going. >> i never know what to believe. i'm reading the name in the "washington post" today that

says mueller is doing a great job. i'm paraphrasing here. and then i read a slightly different point of view here. my point here is i don't know the status of what was attempted a year ago versus where we are now. the judge andrew napolitano we will be chatting with in a few minutes. these have a history of going off track in this appears to me to be going off track. what do you think? >> appears to be going off track. this is why we have oversight. unfortunately, the oversight committee in the house intelligence committee, government oversight committee and the senate judiciary committee, on and on are constantly battling department of justice and the fbi for information. what we see now with the paul manafort case looking at fraud, saying come back here. let's go back. what is the scope of this? are you trying to connect the fraud case from years ago to president trump and what are you

trying to get from this? are you trying to twist paul manafort arm? are you trying to get them to sing or compose? so although mueller, people say let to you. if there is evidence of a crime, let's put that on the table. there's no evidence of a crime in the fall based on on counterintelligence investigation in search of a crime, the special counsel needs to and then that is where the problem is and why the focus has been so heavy and getting the documentation they need for oversight. neil: i like that getting the same or compose. sarah carter, thank you very, very much. i don't know if judge andrew napolitano is a good singer. i do know he's a good lawyer. great to see you again. >> great to see you. into sarah's point, the government often indicts people lower on the totem pole for extraneous, totally unrelated crimes to get them to sing about

somebody higher up on the totem pole. it's when they compose to follow sarah's argument, when they make things up to please the people that have indicted them that there is a of justice. this is a form of bribery. we charge to attend crimes are poster 25 years in jail. we'll make it one crime in six months in jail if you spill the beans on the president. judge ellis accused him of doing that with paul manafort and that's exactly what they're doing. i'm sorry to tell you is lawful and they do it all the time. i really don't think the prosecution of paul manafort is going to be stopped by the court because their true motivation is to get him to say something negative about the president. right now they are looking at financial crimes that donald trump may have committed before he was president. absolutely they are looking at obstruction of justice, which was not an issue at the time

comey was fired and rosenstein in mueller became an issue as a result of the firing and looking up whether there's any conspiracy in the agreement between the trump organization and foreign powers, russian from ukraine to provide something of value to the campaign. there is a danger with congress, looking at documents midstream. it's called the separation of powers. the executive branch and the legislative branch are equal. the legislative branch can not interfere in a function unique to the executive branch like a criminal prosecution in the middle of the investigation no matter what kind of oversight. that is for the court if they have indictment and a jury to decide. >> we were mentioning earlier the different attention afforded the prominent lawyers.

michael avenatti, of course stormy daniels lawyer, a lot of attention on the president's former lawyer. is that your sense? >> yeah, i agree with you on that, but michael cohen is a bona fide target of a criminal investigation on the basis of evidence obtained from suspicious activity. michael avenatti as far as we know is not a target. >> escaped in the area of media coverage. but does that fair to you? >> is seen to me that it is the media's duty, not the governments, to investigate his background because he has well transformed himself from army daniels. it seems to be that he's on television every day using trump

be in language and techniques against donald trump and week out, but our colleagues is his missives are a couple blocks from here focus on every word that comes out of his mouth. he did do one good thing and that is to reveal what the government had done michael michaelcohen. the more we know, the more we can understand. people need to know you can get in trouble with the government just by changing your banking habits because that causes the bank to send a suspicious activity report to treasury and they may send it to doj. michael cohen bank account from from 25,000 to over a million overnight and that caused the doj to start looking. neil: if i can switch gears a little bit. obviously it opens up a pool of funds not available to states before your old friend. of course the governor of new jersey, chris christie his successor. very happy with this because the

pool of funds now available. on this, what is the implication of all this? >> are several implications. one is still an area of government behavior that belongs to the states, that the feds can't interfere with. congress could have made all sports betting illegal when bill bradley proposed this bill in 1992. but they did because they didn't want to spend the money to enforce it. so they transfer the cost of enforcing it by saying, you will not permit this venue will police at your expense to make sure -- this is an area of state jurisdiction. you can't tell them what to do her justice alito likened it to a federal agent on the floor of the new jersey legislature going ons up or thumbs down. [inaudible] -- gambling in new jersey.

[inaudible] [inaudible] neil: it an easy amount of funds for the states. >> the state is not interesting in personal freedom. my ability to do with my cash what i want. they're interested in what they can take. the state always wins because they will take a percentage whether i win my bet win my better not come in the states going to get their chunk. neil: i am progressing like a crazy guy here, but is this yet another excuse for states not to get a handle on their finance is to find another means of funding for stuff that should be addressed? >> did you see steve sweeney on

with stuart varney? we have a governor who wants to spend, spend, spend and legislators up for reelection before he is and they know if they keep raising taxes they'll not be around. neil: by the way, new jersey got a shutdown over this issue and all democratically controlled. >> doing this chris christie? >> he could argue good or ill. thank you very much on all of that. again, that is what is open there. by the way, the federal government can get its hands on that, too. it is way too early to tell. we know a big old pot of cash and a lot of hands around. a little more after this. mgx minerals' disruptive technology can extract lithium -

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neil: after the report among palestinians yesterday with the official in jerusalem as the capital of israel and our new u.s. embassy, the white house is saying those are really on hamas and not the israelis. republican congressman lee zeldin is at the ceremony. good to have you. >> good to be with you, neil. train to the criticism is that the israeli soldiers responded

with guns to guys who were throwing rocks and it wasn't fair, wasn't right here there had to be a better way to mitigate this. you say what? >> the israeli soldiers were defending their border. this wasn't just a few dozen or a few hundred. this was literally several tens of thousands of people attempting to cross the israeli border. on the other side of the border in israel from gaza, you have men, women, children living in israeli villages who face the risk of instantly having to face that up close and personal if the israelis soldiers are not successful in defending their border. they really left with absolutely no choice in a situation like that, but to take action and prevent several tens of thousands of people flooding into their country, which include a whole bunch of people who identify themselves with hamas, islamic jihad.

they have a pledge that they've taken to wipe israel off the map. they want to do bad things to the nation of israel. they don't respect rule of law, boundaries. no good intentions and no other choice for israel. neil: if i can switch gears to the other side of ford's senate republicans, we are getting bad he likes what you guys have been doing in the house and the want to know why he gets impaired they stymied, stopped in the senate. a lot of it could have to do with the filibuster needing 60 votes to get a piece of legislation. once i torn apart right now. i don't know what progress he will make, but are you frustrated with the senate? >> iamb. there were hundreds of bills that have passed the house that haven't yet passed the senate. they've had these rules for very long time. you're mentioning along with the filibuster rule, just confirming appointments for judgeships for

investor ships can take up a ton of floor time, let alone the amount of time that gets taken for a legislation to get through the floor. that is just the amount of floor time. >> is the senate's responsibility to do with those judgeships, not the house. mitch mcconnell argued we have some bigger burdens, would you say? >> that's a really important bird may have. i want them to be hugely successful. for example, what you saw with rick grenell who got confirmed for germany and other ambassadorships where they get held up and it requires 30 hours of floor debate to get someone through almost unanimously is done deliberately. it's the filibuster being abused by the senate minority as a leverage in order to up so they can pass any of the hundreds of other bills that are good. many of them bipartisan bills that would help move our country forward your data want the president to have any wins. i believe if you make a change

to the filibuster rule, one great way to do it is for the house appropriations bill to be brought up privileged in the senate so it gets passed with only 51 votes. what we have right now for several years, the senate can pass the appropriations bills before the end of the fiscal year. there is no way that the senate is going to be able to pass through the house last year passed. the senate just can't do it because of the way the whole process is being abused now. the house passes and appropriations bill in the senate can bring the bill up for a 51 vote in the senate, now you have a mechanism to actually pass appropriations in the fiscal year. neil: don't hold your breath. it would be nice, but don't hold your breath. an incredible blog jam. congressman, good seeing you again. we are down about 240 points right now. nothing to do is that the congressman is saying. still waiting to find out what's

happening in meeting with senators did is making a bid to change roles and indications are they're probably not inclined to do so. what that means for the republican agenda for the remaining of the year. two words, not much. more after this. like medication and medical conditions. biotène provides immediate, long lasting relief from dry mouth symptoms. it is clinically proven to soothe and moisturize a dry mouth. plus, it freshens breath. biotène. immediate and long lasting dry mouth symptom relief. . . .

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♪ neil: all right. they're still eating, talking, maybe both. right now in the senate chamber here. waiting for the president of the united states to come out of the pow-wow with all the

republicans. the dow going back to session lows. interrupting what had been eight steady days of advance iswell talk about what happened with senator rand paul and gina haspel. right now he is a no vote. that could change. we'll find out couple hours from now. hey, trish. trish: thank you, neil. let's look live at capitol hill. any minute now we expect to hear from the president, perhaps speak with the president, after hour long meeting with republicans. the dow is at session lows, down 261 points. s&p, nasdaq, index as well. in fact the nasdaq seeing worst of it here, down 1.5%. all amid increasing trade uncertainties. i am trish regan, welcome, everyone to "the intelligence report."