down 1, the nasdac lower by two, that's going to do it for the countdown." 5:30 p.m. eastern elon musk is going to have a shareholder meeting and a big announcement and we'll have the news on that in that hour. connell: liz, thank you very much. well right to the very end stock s fighting for gains in the final moments of trading, but just coming up short as you can see the dow off 13-14 points to 26, 048 that snaps the six-day winning streak the s&p 500, and the nasdac, also both trying to fight for some gains at the end, just falling short, essentially flat really look at the nasdac down .01%, but the averages end down they can do a little bit of reconfiguring in the after-hours it will bring a five day winning streak good evening or good afternoon, everybody its been a long day i'm ashley webster in for connell mcshane. melissa: i'm melissa francis,

first here is what's new at this hour. making his message to the hawk eye state president trump just touching down in nebraska, before heading to iowa where he's expected to speak this hour on renewable energy, amid the escalating trade tensions between the u.s. and china. we're going to bring you the breaking comments from the president just as soon as they happen, plus taking on silicon valley, big tech is feeling heat on congressional hill, tech rise is facing local news industry we're live on capitol hill with the latest and searching for answers, the tour its death count in the dominican republic is rising, what officials are now saying could be behind it. watch out. ashley: we have fox business team coverage from washington to wall street edward lawrence live at the white house, gerri willis of course on the floor of the new york stock exchange. let's begin with edward with the

latest developments of the white house. edward? reporter: ashley the president going to tour that renewable energy plant there and then we'll hear some comments from the president and he spoke before he left. now the president is in iowa the same time that former vice president joe biden is in iowa basically the two folks are splitting the state in half. the president working the western side of the state. the former vice president working the eastern side of the state. president trump saying he's not worried about biden. president trump: i'd rather run against i think biden than anybody. i think he's the weakest mental ly, and i like running against people that are weak mentally. i think joe is the weakest up here. reporter: as the president hit the road for his first visit to iowa the white house tracking stronger language by the chinese at this point, president trump saying that we had a deal with the chinese and now he has no interest unless they come back with that same agreement that they had agreed to. now china digging in a spokesperson for the foreign ministry or foreign affairs

ministry says that the u.s. insists on escalating frictions, china then will respond to determination. the chinese also still refuse to confirm if xi-jinping will meet president donald trump, at the g 20 summit. >> we note that for some time, the u.s. has made multiple public statements that it looks forward to a meeting between the two heads of state during the g 20 summit. we will release information on this when we have it. reporter: president donald trump saying that if the meeting does not happen or it goes poorly, he will then institute 25% tariffs on everything else that basically china imports into the united states, some $300 billion worth of items, a public hearing on that front will happen on monday, that will be for the list of items and then a report will be finished once that report is done, the president could then institute those tariffs, and it appears that timeframe could be right about the g20 summit. back to you. ashley: edward thank you very much as you look at pictures of

the president he's off air force air force one on the ground in nebraska traveling to nearby iowa to where a renewable energy plant and then hearing a speech from him in just a short time after that before the top of the hour we believe and of course we will take those comments as soon as the president begins to speak meanwhile, let's react to what's going on with trade, the markets and everything else, liz peek, fox news.com columnist and gary kaltbaum from kaltbaum capital management, guys thank you both for both being here both are fox news contributors so it's great to have you. gary let me begin with you. we had five or six days of beautiful run-up more than 1,000 points on the dow, and then we get some so-so comments out of china and immediately the air comes out we just finished shift slightly flat on the day, not a lot of conviction i feel like with the markets right now despite the big gains over the last week or so, because it's so headline driven. >> i just want to let people know that's wide on the screen in case it doesn't seem to

reflect that on the screen it's live. ashley: thank you, melissa it is live. gary go ahead and if you can answer that question. >> normally markets look a few months ahead but we are headline -driven it's the next tweet, the next tariff announcement or getting rid of tariff announcement. we definitely got a pop off mexico saying we've got a pop off the fed again pivoting from patients to probably lowering rates and let me just say if the fed does not lower rates in june or july i expect a pretty good sell-off in the market because i think the market now thinks it's going to happen so that's something to watch very closely but today was nothing no big deal, and normal little pullback with such a move over the last five days no big deal. ashley: liz peek no biggie, gary said the fed has the markets back but i get this feeling there's a lot of negative signs coming out from the u.s. and certainly china who said we aren't even concerned that

xi-jinping will meet president trump at the g20. >> i think china might be sound ing a little more hawkish because let's think about what's been going on the last few days. they had this massive demonstration in hong kong against china, mainland china and xi-jinping's administration, which i think has them playing defense. this is a very big deal in china a million people took to the streets to protest a law that they think will basically put hong kong ever more to china and they don't like it so that's a big kind of upfront who xi-jinping's authority and we also have statistics out about a decline in china's imports which seem to further the narrative that china's economy is weakening so i'm not kind of surprised that china is sounding a little bit beligerant, maybe they don't want to look like the u.s. by immediately rolling over saying yeah we can't wait for the g20 that'll be terrific so i would take it with a little bit of a grain of salt reflecting that. i agree as we do every day, liz.

melissa: nearly a dozen states challenging the t-mobile/sprint merger today let's go to gerri willis with details on that one while we keep an eye on the president. gerri go ahead. gerri: melissa that's right. ten attorney general filing a suit to block the t-mobile sprint merger this is unusual because the merger has not even been approved yet. federal officials still reviewing it but said to be close and this is what we're hearing at fox business, that the merger will be approved, but the new york attorney general le ticia james is the one leading this charge and here is what she had to say. listen. >> we believe that it's not good for consumers, and because we believe that competition is good, we believe that competition is god for 5g and competition is good for because as a result of competition prices have been lowered by 28% and because we are concerned again from going from 4 to 3 and or 2 to 1. gerri: so the company is saying far from killing competition

that it will allow them to really mount a significant effort in 5g and that's why they want to do it. the combined company would have the size of between verizon with 116 million customers and at&t with 93 million customers. they are tried three times in the last four years but right now, ajit pai, who runs the fcc, has not said anything about the necessity of having four players in the marketplace. he's happy with three so what will happen we don't know but we do know that the players in this marketplace say 5g is essential and this is what it's going to take to do it. back to you. melissa: gerri thank you, and liz is back to react to that and liz it strikes me, why would folks object if the two carriers do almost nobody uses it up together? >> yeah the question is do you want four suppose ed competitors where two are lame ducks or three really vibrant companies, all attacking this issue and when you have a huge technology

evolution, like the emergence of 5g it requires capital, it requires size to get this done. i think that this is just unfortunately, you know, a political statement by these attorneys general talking about this being good or bad for the consumer. i don't think they are at all looking for at what's actually going to be the impact on the consumer. this is a deal that i think has to happen. melissa: i would think it would help the consumer. gary what do you think? >> well first of all it's 10 blue states, and next is the deal will get passed. the fcc already passed it's in the department of justice hands right now, and the states all they can do is maybe stall it, maybe get a couple of changes, but that's it. this is a federal affair, not a state affair, and without a doubt, liz, it's 1,000% right this is pure politics, and i don't know what their game is on it but i do believe give it 90 days a little bit more this will be passed and the merger will get done. melissa: okay. ashley: how about this one a

rare misstep amazon shutting down its restaurant delivery service in the u.s. in the face of fierce competition from rival s such as uber eats and grubhub. liz this is such a small margin business anyway, but they stuck with this for four years before throwing in the towel. it's unusual for amazon to fail, but they do. >> it's a rare miss for caption and look they're trying everything they can to leverage their extensive delivery capabilities, their warehouses, et cetera et cetera but this time, they ran into a brick wall of competition from not only big national brands, but every city and town has its own little local delivery services, so i think that it was just too much and they finally decided there wasn't much there, so they basically bowed out. ashley: and gary i say they rare ly fail let's not forget the amazon fire smartphone, travel side destinations anyone heard of that, no, so there you go but to amazon's point better to try

and fail and to have the money and resources to do it. >> yeah look it was a test only in 20 cities for four years they shutdown the uk de dedelivery last year so this was expected and i don't think it's a failure you try something, you see it not making enough money off it and a lot of competition and you mention the locality it's probably a good move because they are making their big bucks in the cloud and so many other things and little products that stalk you every day, so i think it's a smart move on their part and by the way they are going to be delivering food in the uk. they just invested in something called delivery and that's going to continue so i'm not worried about this at all. it's actually a good move on their part. ashley: you see it all over london so maybe there will be more success. liz, gary thank you so much. melissa: i've got it. ashley: bounce along. melissa: president did landing in nebraska moments ago, this is before he heads to iowa where he

will make remarks just moments from now we're going to bring you those comments just as soon as the event begins and its been a fiery day. ashley: yes it has. plus, is democratic presidential contender joe biden also in the hawkeye state makes it interesting. we'll tell you the latest flip flop from the former vice president. melissa: and we're following the latest developments from the dominican republic, what we know about the new samaritan who had died in this tourist destination and how you can protect yourself around the world, we'll tell you ♪ limu emu & doug what do all these people have in common, limu? [ paper rustling ] exactly, nothing. they're completely different people, that's why they need customized car insurance from liberty mutual. they'll only pay for what they need! [ gargling ] [ coins hitting the desk ] yes, and they could save a ton.

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ashley: facing off in a 2020 battleground state president trump and democratic presidential candidate joe biden taking their pitches to voters in iowa at dualing events kicking off any minute now the president's trip to the state which he won by the way in 2016 comes as a time when his tariffs are hurting american farmers we will bring you the president's speech the moment it begins. melissa: and a major reversal while taking a 2020 policy to iowa voters former vice president joe biden now suddenly hardening his stance on china saying "we need to get tough with china." that is a drastic reversal from his remarks on the foreign power

last month, here now is james freeman from the wall street journal and a fox news contributor. so this is the second really big flip flop here, in about the past week, at a time when i think what voters and viewers and lots of people want is authenticity. they can smell bs and they find it insulting and with joe biden, that kind of comes in droves. he had said i'm a catholic, i just can't -- >> and the conviction, yeah. melissa: and now with china before he said oh, they're nothing we got them covered and now we got to be tough on them. what do you make of this? >> yeah he's created a new challenge for himself and said there's a lot of tape of him saying essentially dismissing the importance of china going back to the last time he ran for president, and you know, it was november 2012 when he got re-elected as vice president that xi-jinping took overcome

communist party in china and not much on the record to say biden really understood what's happening or the significance of what's happened since. melissa: yeah and looking further at some, i guess the way he's trying to model himself in this campaign there was a focus group that went on in pennsylvania of all places, and this is, you know, where he started his campaign democrats really think this is his path to the white house and he could seize back from the territory from president trump and they did a focus group with people who had voted for president obama and then they switched over, and they voted for president trump, and so going into this they assumed that it would be the people of course that would go back to joe biden, and they were shocked to find that a lot of these folks were not about doing that, and they said of all things, many of these voters felt that biden portrayed the charlottesville protest in his announcement video was a complete lie in the words of one participate. that was his big roll up. he twisted it. i read the transcript and they went on to say why they fought

whatever the dispute was, we don't want to go down that road but it's just interesting that once again, this is a group that he was supposed to have locked up, whose seeing basically, in the exact words, he's a liar. >> yeah, i felt that announcement rollout, although it helped him. you have to say he got a very strong initial bounce in democratic polling. now i don't know whether the announcement had a lot to do with that or not but it was striking one in that it was very misleading a town of charlottesville but it was also like his recent speeches, almost entirely focused on attacking the president versus defining his own vision, and this is really i think one of the problems with hillary clinton in 2016. you go back to her speeches late in that campaign. it's a laundry list of grievance s against trump and doesn't leave a lot of time to layout your own vision and inspire people. melissa: and that's what today again he said that president

trump poses an existential threat to our democracy and what he's trying to set up is that he is this moral superior to the president, that the president is this horrible person and that he is the one who can turn things back around and it's just interesting for a career politician, you know, to go out there and say that i'm the truth , i'm goodness, i'm honest, like i'm going to restore mortality, and it's a tough sell from somebody who spent the whole empire time in washington and i just wonder, i guess what they're thinking. >> yeah, also it seems like he hasn't updated his talking point , so i think the whole sort of scare people about what trump could be in office was maybe more persuasive in 2015 or 2016 and people now have a couple years of experience and make their own judgment and you noticed a lot of reporters were

talking about trump the authoritarian and they've given that up and acknowledged okay, he's not an authoritarian but he's really bad. i think this is, it's a little odd to try and scare people about reality that we've been living with and we can judge it however we choose. melissa: it's interesting now he's talking to farmers that president trump has made your life really hard and it'll go back to the way it was and it's pointing out of how things were before which is what got those farmers fired up in the first place so he's just to help trump in that area, james thank you. ashley: comedian john stuart making an extremely powerful speech on capitol hill today criticizing lawmakers who skip ped the hearing on the 9/11 victim's fund. take a listen to this. >> behind me, a filled room of 9/11 first responders and in front of me, a nearly empty

congress, sick and dying, they brought themselves down here to speak, and no one shameful, embarrassment to the country and it is a stain on this institution. ashley: i think he's absolutely right. very emotional john stuart, that the lawmakers couldn't even be bothered to turn up and to his point the people that are very sick the first responders of 9/11 dragged themselves down to washington to be heard, and they're not there to be heard. it's just outrageous. melissa: now especially in that they couldn't see that coming, that this is what's going to happen that you know you'll have cameras at the very least. even if they don't have they don't feel like they need to be there, for moral reasons just for that stupid also is just amazing it says everything about washington. ashley: it really does. melissa: all eyes on big tech

lawmakers looking into the biggest leaders in the industry and the large profits they pes remaking, we are live on capitol hill with the details. plus congresswoman alexandria ocasio-cortez, why she strains on this one, coming up.

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melissa: tech on trial the house judiciary committee holding the world big tech companies might have played in the decline of local journalism and hillary vaughn is live on capitol hill with the details. reporter: hey melissa this is just round one of the house judiciary subcommittee anti- trust probe into big tech and focusing on how big platform s like google and facebook have impacted local journalism and a new report says 20% of all local papers have gone out of business or merged in the last 15 years and 3.2 million americans have no newspaper at all serving their

local community, and david petof sky, the general counsel for news corp. and fox share common ownership says the marketplace for news is broken. >> many in silicon valley dismiss the press as old media. we're not losing business to an innovator whose found a better, or more efficient way, to report and investigate the news. we're losing business because the dominant platforms deploy our news content, to target our audiences, to then turn around and sell that audience, to the same advertisers we're trying to serve. reporter: but google and facebook are pushing back on the idea they are to blame for the decline in local news media. google says their google news function has no advertising. they make no money off of it and they say they are delivering right to news organizations. google giving me the following statement saying "we worked for many years to be a collaborative and supportive technology and advertising partner to the news industry as it works to adapt to

the new economics of the internet. ever are month google news and google search drive over 10 billion clicks to publishers websites which drives subscription and significant ad revenue." a lot of witnesses on the panel today melissa were pushing for the right to collectively bargain news organizations teaming up to bargain to really level the playing field we'll see if congress decides to give them the green light on that melissa? melissa: hillary thank you for that. ashley: we're here to break down the anti-trust concerns of what's going on attorney deborah bloom and deborah thank you so much for being here. listen, this is an issue that's been growing and growing and growing. i feel like the technology has gotten ahead of the law by leaps and bounds, but the news is we heard from the attorney, the marketplace for news is broken. would you agree with that statement? >> absolutely. these hearings are prompted by various bipartisan concerns, the proliferation of misinformation, poll bias, and our data being

used by these big tech companies , i think that this is the perfect platform to accept into this arena. ashley: but they have a point do they not because so much of the content of news organizations ends up on these social media platforms, and they get absolutely no payment for it, and ironically, they're then losing out advertising to the same people on those social media platforms. it's a double whammy. >> it really is. the law hasn't caught up here. we certainly have a need for regulatory mechanism. right now our personal data is being harvested and we are using safari, we're using chrome. we need to use the browser which prevents the harvesting of our data. it's not an official regulatory mechanism but we certainly need one and that's why our government needs to step in and make mechanisms that prevent these major tech giants from monopolizing the online ad space which is what we heard the man

that is in the news organization talk about. ashley: well we just heard hillary say some of the response from google, for instance, says well look, we deliver clicks to those news organizations. we're driving people to your website. is that a valid response? >> well that is a response, but what we're using the anti-trust mechanism for is to look for aggressive conduct by big tech. that squashes competition, so right now, we're just into the information gathering phase and i think that we're going to see a little while before we actually have regulation but it certainly is time and we're not going to see silicon valley. ashley: certainly an argument you could make is that dominance leads to influence which leads to questionable news, fake news, whatever you want to call it, because they are the gatekeepers to so much information. they can bias it one direction or the other. that can't be healthy for a health it democracy. >> right and there are few organizations that are responsible for this, facebook,

instagram, amazon, google, and it's not healthy and the law hasn't caught up yet so there aren't many mechanisms in place to prevent them from monopoliz ing the space, so we do need the law to step in. we need to have regulation. ashley: what type of regulation, how do we stop this? >> well i think there needs to be greater rules, governing things such as what happens on facebook when they wouldn't take down the nancy pelosi video. you know, we need to have something in place that's going to tell us how we're going to go forward in the future and how there could be more competition. ashley: well this is just the beginning but you get the feeling that regulation is certainly on the way. deborah thank you so much. >> thank you. melissa: president trump right now touring the southwest iowa renewable energy facility. this is ahead of a big speech coming up later we'll bring you his comments live, just as soon as we get them but we wanted to show you a few pictures as he

goes around and talks to folks. ashley? ashley: well guess what your uber maybe soon arriving but guess what, in disguise, the ridesharing company, it's cool, right, is taking great strides to make uber air a reality we are in the middle of the action at the elevate conference in d.c. melissa: plus trying to make sense of the american tourists who have died while vacationing in the dominican republic. we have the latest details that you need to know and how to protect yourself, that's coming up, next. experience the style, craftsmanship and technology

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ashley: at least six americans have died under mysterous circumstances of results in the dominican republic in just the past year. fox news jacqui heinrich is in the news room with the latest on this very bizarre story. reporter: good afternoon. the fbi is involved and now the world health organization and the cdc are also doing tests. since last june, six american tourists died at four hotels on the island, two at the hard rock hotel, three deaths in may triggered the investigation. a pennsylvania woman collapsed and died at the resort and then five days later, employees found the bodies of a maryland couple at the property next door after they missed hotel checkout. all three of them had the same cause of death including fluid in the lungs and enlarged heart. after that, the state department confirmed another death in april , a california man whose staying at the heart rock.

it was also concerning for the families of two people who also died suddenly at the hotel last year. a pennsylvania woman and a maryland man. according to their families, three of the six people had drinks from the mini bar before they died. each of them stayed at a different property and none of their toxicology reports had been released. we checked out a mini bar at the hard rock hotel and what's unique about these bottles is they're not mini at all full sized positioned upside down to pour from all opposed to a single-use container. a distributer told us they appear to have been refilled. the dominican travel ministry insists the deaths are not related and the parent company for the resorts also put out a statement slamming inaccurate reports in the media, nonetheless travel comparison site trip advisor suspended reviews for the properties and urged travelers to do additional research before they plan a trip and the hotels are said to be cooperating with the authorities in those investigations, but

they've also got their hands full right now after the former red sox david ortiz was shot in a drive-by at a hotel restaurant yesterday. they have made an arrest in that case and right now they are trying to figure out if that person they arrested was the shooter or the driver. back to you. ashley: jacqui heinrich thank you so much jackie. melissa: joining us now is mark murphy. mark i mean let's start where jackie left off. she said trip advisor is saying folks should do additional research before they go to places like this. how do you do that to make sure that you're going to a place where this isn't going to happen >> well number one you should be confident that when you look at the map, that map is the geography of the destination island and these things happen all around so to conflate they're all connected is a bit of a stretch so number one that should give you some comfort. number two, that bahia principe business they basically handle and 700,000

travelers a year in the dr, so again when we're talking about something happening this is not widespread but it is disconcerting because in particular to me the couple getting to the bottom of what happened one of the things they can do is talk to a travel agent who sells this destination regularly and get personal feedback and back it up with trip advisor if they want to validate the reviews but there are people on the ground today that are having a great vacation and you just have to balance what's happening and the investigation. melissa: mark? no one should die from drinking something on vacation. well you're connecting, okay. melissa: it's not a big deal to you? >> you're connecting someone drinking and this thing about the mini bar so to give you one example. the gentleman went to the resort on the tenth of april, had a drink on the 11th felt ill at some point thereafter, and saw the resort doctor, went to the hospital there, and then died the next day. that's very different than the lady from pennsylvania, who had a drink, went out on her patio, literally right after arriving and they say had a heart attack.

she screamed out in pain and then fell and that was it. so there's a big difference. melissa: is this the average number of people who generally die on vacation and in this area >> so last year, last year under nefarious circumstances, 13 americans according to the state department died in the dominican republic, and as you know, we're here in new york there's a huge dominican population that goes back and forth so they could be american citizens visiting family, they could be people on vacation, and other than that, people who die of natural causes that happens all the time. it happens on cruise ships it happens on resorts and planes. melissa: you're recommending people go to these resorts on this island? >> i think if 8 million americans have traveled to the dominican republic in the last four years alone, i think i'd feel pretty confident i was just there in january i personally would be on a plane tomorrow with my wife and kids and go there because i know the destination and this is too scattered to be some conspiracy. melissa: would you drink from your mini bar? >> i don't drink very much so

the answer would be yeah, i wouldn't worry about the mini bar. it's not like the mini bar in the hard rock are being serviced by the same people as the mini bar at the bahia principe, and other resorts so this is a huge tourism destination and they handle about 6.5 million travelers a year. melissa: you don't think there's any chance they are being serviced by the same company? >> i think there's a chance, i haven't investigated that but i'd question whether or not that's the case because their own employees are actually doing the servicing of the mini bars. melissa: mark murphy, thank you, insightful we'll see. ashley: well we've been following president trump touring a facility in iowa ahead of remarks in the battleground state on renewable energy and of course, we will bring you the president's comments, as soon as they happen. plus, congresswoman alexandria ocasio-cortez defending pay raises, for congress. why she says voting against it will keep dark money loopholes open. sounds very sinister. chad pergram breaks it all down for us after the break.

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this week, in the house of repre legislative branch spending bild that off the floor because of tr raising congressional pay. it's an increase. keep in mind that members of congress, going back to 1989 have gotten an increase 2.4 % it's part of federal law but since 2009 what has happened is they have foregone that and thought it was a bad optic, a problem plus under sequestration these mandatory spending cuts so this year in the legislative branch spending bill they put in a provision to say let's go ahead, they get $174,000, let's forge ahead. that created a firestorm among freshman to particularly democratic freshman and they pulled that out of the bill so i asked alexandria ocasio-cortez just last night, i said what do you think about this. this is why this issue is so toxic. listen. >> the numbers are obviously

taken out on this institution because it's an optics issue. >> right and that's my issue is that it's superficial and it'll look good on its surface, but it will, every cost of living adjustment that gets bypassed is voting to increase the pressure to exploit loopholes, and legal loopholes to kind of lean on other ways to enrich ones self through service. reporter: i'm going to read you a statement here from steny hoyer the house majority leader who said we don't want rich people here we want this to be the people's house and if you don't pay members of congress adequately and you don't pay staff adequately you won't get the best people and to hoyer's point you'll only have rich people on capitol hill, ashley. ashley: it's true but for a bartender from queens 174,000 a year sounds pretty good to me. >> average people make about $57,000 a year and that's the argument, absolutely but that's the point that alexandria

ocasio-cortez is making too is you come here for a couple of years and cash in and if you aren't paying a market-rate to keep members and staff here for a longer period of time you create this sub-market which is what some interpret as the corruption in washington d.c. ashley: i get you. i wanted to ask you about another issue i'm a little confused by because there's so many twists and turns but the measure has been approved i understand to enforce the subpoenas against attorney general bill barr and former white house counsel in relation to the mueller report and getting them to provide an un redacted copy of the report. am i right or wrong? >> this is to get another information they had dialed off this idea of criminal content for billionaire because the justice department was starting to cooperate and provide the information there. this is a separate track dealing with barr and it was a part line vote in the house of representatives just a couple of moments ago the vote was 229-191 and you know what else is

happening is tomorrow in an oversight committee there is a separate track to prepare an intent resolution for barr and also the commerce secretary wilbur ross over the census question, the citizenship question. so there's multiple tracks on capitol hill pursuing this and some people are saying are they holding people in contempt, are they not, are they trying to impeach are they not. this resolution doesn't mention contempt by name and that's why there's back and fourth as to whether it's contempt and i spoke with sources last week. they certainly called it contempt and then you have republicans saying well democrat s are trying to make contempt without it being contempt and now democrats are fully calling it contempt. this is similar though to what they did with harriet miers who was the bush white house counsel and also the white house chief of staff, who were in fact held in contempt of congress in 2008. ashley: thank goodness we have chad pergram on capitol hill to interpret. reporter: it's confusing. ashley: it's another language. >> thank you, ashley. melissa: cashing in on the

gaming industry the largest video game showcased in the u.s. kicking off in california. fox business' robert gray is live in los angeles with the latest report. robert? reporter: hey, melissa, you know , i'd say it's not all fun and games here, but it really is all fun and games here. we're in the games booth right now the home of fortnite, right one of the best known games in the world you can play it pretty much on any platform, watch it streaming and it's just a prime example of the proliferation of video games now become more than a $100 billion industry, and a lot of the focus this year, of course is on the game titles. you've got a sneak peak from xbox, their new console not coming until next year so you heard today from nintendo a lot of the new titles are sequals you heard like a new mario game, a new game coming, similar situation from some of the other publishers as well, new star wars out there, you've gotta vehiclers of course, they're everywhere, right? but we also have been focusing

on one of the growing areas of course you've got these streamers out there who are making a name for themselves building a brand earning hundreds of thousands of dollars and e-sports, also a huge growth area. we talked to jason lake one of the pioneers in the sport who has basically the majority stake to the dallas cowboys owner jerry jones and another investor in his company and now training alongside the cowboys and they've come a long way from moms basement to making the big time and certainly this is the big time from thousands of fans who have come in here streaming into the la convention center to playerly copies of games some of which may not be out for the holidays to get their hands-on that to do experiences, virtual reality and some of the other technology that haven't quite reached mainstream on hand as well guys and right now, i think we need to go do a little more market research. melissa: [laughter] robert, a little distracting with all of those people behind you although it is very similar to times square. reporter: i have to work on my

dance moves. melissa: definitely. ashley: he looks very much at home in that environment doesn't he? we understand the president is being introduced and of course we saw in had in nebraska landing he's been touring a renewable energy facility in iowa. he just got introduced by the republican senator from iowa, and it's a friendly crowd as you can see, and he's about to take the podium, and the president of course in this side in southwest iowa and mr. biden is on the other side. let's listen in. president trump: we love iowa thank you very much and i want to thank senator ernst for the introduction. the job she's donald the great leadership she's displayed and i want to tell you, she worked very hard on ethanol along with senator grassley and kim and everybody else. i want to thank you all. thank you governor, appreciate it. >> [applause] president trump: i'm truly delighted they worked hard. i'm truly delighted to be here, with the incredible farmers,

growers, and workers who power our country, feed our nation and preserve the american way of life, and that's what you do. today, we honor america's cherished farming heritage. we salute your commitment to american energy independence and we celebrate the bright future that we are forging together powered by clean, affordable, american ethanol. congratulations. >> [applause] president trump: congratulations . i fought very hard for ethanol but you proved me right. thank you, please sit down. sit down. otherwise i don't get no standing ovations. >> [laughter] president trump: appreciate it. we're grateful to be joined by our tremendously talented loves this business secretary secretary of agriculture, sunny purdue. thank you. thank you. >> [applause]

president trump: and epa administrator andrew wheeler, andrew thank you very much. great job you're doing, both of you. [applause] president trump: thanks as well to iowa governor kim reynolds. thank you, kim. great job. >> [applause] president trump: she ran a great race. and a great friend of mine also, nebraska governor pete rickets. >> [applause] president trump: thank you, thank you pete. and another tremendous person, tremendous woman, a winner, somebody that helps us all so much, senator deb fisher of nebraska. >> [applause] president trump: deb fisher, thank you, deb. >> [applause] president trump: iowa secretary of agriculture, mike nag, thank you, mike. >> [applause] president trump: thank you, mike director of the nebraska department of agriculture, steve

welman. steve, thank you. >> [applause] president trump: the mayor of omaha, nebraska, gene stoddard. >> [applause] president trump: thank you, gene we had a big fight in omaha and we won that one pretty easily a certain person was spending a lot of money against us and that didn't work out so well for him, and many others state and local leaders i want to thank you all for being here thank you, thank you very much. >> [applause] president trump: i also want to thank the ceo of southwest iowa, renewable energy, mike yerkey, and i'll tell you i met mike a long time ago and i said let's do this and other candidates all said no we're not going to support ethanol and i did. is that a correct statement and look what you've built, mike, great job, but thank you very much for hosting us today, along with two other great energy leaders, president of renewable fuels association, jeff cooper,

and ceo of growth energy, emily score. thank you all very much. >> [applause] president trump: thank you, emily, thank you. thank you. we came here and we talked ethanol and people didn't believe in us, right? and now it's a big beauty and e 15 is down, it's very good, who knows maybe it's going to go up. maybe it's going to go up. right here at this impressive facility the rich harvest of american soil is turned into fuel, that powers american cars and industries, farmers from across the region send in more than 120,000 bushels of corn to produce 36 5,000 gallons of pure american ethanol every single day. i just got a little run-through back there. it's very impressive. it's a long way from our first conversation, isn't it? it's a long way. you've come a long way. so have i. i became president.

>> [applause] >> [crowd cheering] president trump: under the previous administration our leaders rejected american energy, and they rejected ethanol. they imposed radical restriction s on our farmers and ethanol producers and they refused to even allow talk of e 15 during the busiest driving months of the year, and as you know, we took it from eight months to 12 beautiful months. that's another big factor. >> [applause] president trump: all year long. and how ridiculous was that? but we took it it all year long, not the very shortened year, and nobody could explain to me why. not one person was able to explain why they cut it off. just one of those things, but we ended up, as a candidate for president, i pledge to support our ethanol industry, and to fight for the american farmer

like no president has ever fought before, and we're winning these fights and your great patriots i will tell you. we're winning these fights. >> [applause] president trump: you know, for 15 years, before the election, of 2016, farmers and farm pricing and a lot of things were going in this direction. you have to see the charts. they weren't pretty and in a very short period of time, we're still working on china, japan is going to be a big buyer very shortly, they told me the other day, we're going to be buying a lot of product from your farmers , and a lot of other places you see them coming in, they are starting to come in very big. very very big. mexico you see what happened over the last two days and mexico is going to be doing a lot of buying. a lot of buying. >> [applause] president trump: within a year and a half, i would say you'll be in the best position that you've been in in 15 years as

farmers and you deserve it. you deserve it. last year, i came right here, to iowa and announced that my administration would open up the sale of e15 all year around and now i've come back to announce that just days ago, we official ly lifted the restrictions, you hear that? joanie, deb, pete, you hear that , kim? a few days ago, right? we lifted the restrictions -- >> [applause] president trump: on e-15 just in time to fuel america's summer vacations. we just made it. >> [applause] president trump: we just made it .