tv. melissa: we have a lot of -- like that. mic hog right there. that is it for us. connell: that is the way to end the show, "bulls and bears" right now. david: we have a jam-packed hour, more winning on wall street with markets soaring to new highs, all major averages set records today, new hope, longest war in u.s. history may be coming to an end, new details is-- from the state department about a pace plan with taliban. president trump this afternoon sounds off on sentences of roger response trial praising justice department for intervening, could this be the beginning of another democratic push for impeachment. all that and newer coming up. -- all that and more coming up.

>> a warning to democrats after last night play mayor results this is "bulls and bears." i am david asman, joining me today, steve moore, zachary, scott martin and liz peek. bernie sanders taking the lead last night in new hampshire, building momentum into nevada and south carolina. >> our campaign is not just about beating trump it is about transforming this country. it is about having the courage to take on wall street. the insurance companies, the drug companies, the fossil fuel industries, the military industrial complex. the san sanders surge is an

issue for moderate democrats. lloyd sounded off with a tweet, if dems go on to nominate sanders, the russians will have to reconsider who to work for to screw up the u.s., sanders is just as polarizing as trump, he will ruin our economy, and does not care about our military, if i am russian, i go with sanders this time. >> i have to say bernie sanders probably could not find anyone to go after him on twitter, he would be more excited about than lloyd, that is probably a battle of honor in sander's camp, all kinds of democrat notables have been ought there saying this could be a mcgovern kind of law, a disaster for democratic party, only 24% are liberal.

>> you talk about that identification of liberalism in american, you use that word, transform, this is a very powerful word to say in today's environment, considering where record 401(k) balances, we have record balances in brokerage accounts, stock market records every other day, and job growth off the chart. chart. david: you would be transforming to socialism. >> why push the left for so hard, saying this is what we'll do, we'll change everything. it is lar already great, why wod you want to change that. >> 50% of americans, don't own stocks or have 401(k)s. i'm just saying well springs of discontent, some of genuine and based on real economics. but bernie sanders is running as if it is 1932. that is a real problem in 2020.

that said, there is we're always fighting the last war, a tendency to over estimate donald trump, by all rights should be much more ahead of the pak given this economy. >> i worked on the 2016 campaign from early 2016, i got involved, that betting was -- >> trump campaign. >> yes, and people said trump 1 in 100 chance of winning. with all due respect to liz, i think you are right in your analysis, strange things can happen in american politics, if economy take a stumble in next 9 months, what is frightening, you have so membership democratic primary -- so many democratic primary voters, how many can go out and vote for bernie sanders. >> he won 50% of new hampshire vote in 2016. but 26% of vote is not a lot

that a marginal candidate. now given the way it is lining up, that could well end up getting the nomination. but more about the fracturing of the party, there are, if 30% of vote is enough and he wins, that not indicative of the -- of support but indicative of a broken system, a marginal republican, given national altitudes, can win the presidency. i do not think that electoral math would allow a marginal democrat. >> i love polling, ga gallup as polling more than 90% of americans are satisfied with their personal life, you will turn t that upside down in the trash heaps for what. >> to steve's point, let's say that economy does have a hiccup.

does anyone have confidence that democrats have the answers? with respect to socialism, and taxes wall street, they are out there as far as what the fix is. does anyone think that -- >> liz, yesterday we were talking about how klobuchar, if she came in strong, which she did, not a winner, not top two, but better than expected, could the party turn to her. someone who is not going to transform american, but kind of move it more from. >> thicenter. >> that is the point, bernie sanders and elizabeth warren are about 35 percent of democratic primary vote, it has not changed for a long time, what is up for grabs is the moderate lane. bloomberg is out there with 2 billion in his pocket, to take the nomination, he has a good chance. >> two big inners last night were donald trump and bloomberg.

>> no question. david: today, the day after primary, market soaring to new record highs, i want to know what are investors telling us about last night's results, if anything? >> you know, market want donald trump to be reelected, up 60% -- >> they think a bernie victory? >> i don't like the idea of klobuchar a moderate democrat, look at her record to the senate she is a left wing ir. davidleftwinger.david: comparede sanders, everything is relative. >> she say th shiite 0 she is 8- >> president trump is pro business. >> i disagree on this one. i believe that markets have been up since 2009, with a lot of hiccups. and corrections. the economy has been in upward projectry for last 9 years, find

to give trump credit for that, find to give obama some credit for, that until market feel there is legislative stuff on the agenda that will get passed there is no -- no. david: you can't get past the policy differences of two presidents, president obama raised taxes, increased regulations, president trump did the opposite. and president obama, you mentioned 9 or 11 year i guess run with markets, president obama took over at absolute bottom of the market. >> with a bunch of stimulus, you are right, the fed has been accommodative, but other weird to me about the market, we get to higher and higher levels, and markets go higher and higher still.

>> estimates of earnings, of growth, they keep going up. right now estimate this year growth is going up. liberal media keeps saying no, no we're not going to grow. >> earnings growth last year, markets up 30%. david: fight over funding, secretary secretary mnuchin defending the president's budget to congress. steve moore saying that lawmakers need too listen up, he will make the case why the president's plan should not be ignored, next. as a struggling actor, i need all the breaks that i can get. at liberty butchemel... cut. liberty mu... line? cut. liberty mutual customizes your car insurance so you only pay for what you need. cut. liberty m... am i allowed to riff? what if i come out of the water? liberty biberty... cut. we'll dub it. liberty mutual customizes your car insurance

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david: treasury secretary steve >mnuchin, it got heated today. reporter: it did, before that, senatsense majority leader mitch

mcconnell said he may not bring up this budget, he believes house democrats will not sign off on the budget the way it is, he wants to bring it up only when in agreement. senate financial services committee it got heated at times, democrat argue that obama era created more jobs, than first 3 of trump administration. and mnuchin shot back saying that wage growth is better under president trump and that unemployment below 4%. and still senator ron wyden saying that proposed budget does nothing for the economy. >> the trump administration budget is built on policies that pillage multinational corporations and the wealthy. reporter: mnuchin defends that budget and tax cuts, reasons a trillion dollar has come back in from overseas, to u.s. as

companies move their money back to the united states he pointed out that wages, of blue collar workers are rising faster than wages of wealthy americans, and to the touting this economy. >> we cut taxes and regulations. reporter: at the senate financial service committee hear you might see how democrat plan to go after president donald trump in 2020 election, saying that not every is seeing this and growth in gdp started under president obama. david: you say congress has to take president's spending cuts seriously, you write in a piece in foxbusiness.com. make your case. >> couple quick points. we have with those tax cuts, the

most federal revenues in to treasury than any other time, it not a revenue problem it is a spending problem. most important thing on budget, make sure that the gdp grows faster than the debt. and number 3, trump has a lot of very -- you have to do something about the spending, so many hundreds of programs that we should get rid of in the budget. >> part of challenge is one for the republicans, i feel like the hypocrisy around the tea party in 2011 to 2014 or 15 saying, one more dollar spending we're one step closer to financial and national armageddon and cricket silence of those voices i find depressing. that said, i have -- that

deficits matter to degree that tea party was agitated at that time, we have an on going japan scenario, debt continues to rise, and gdp growth continues to go down as long as up rates are rail low that is a tenable situation that will not pro collude anyone from making give -- preclude anyone from making difficult choices. >> you said important thing, interest rates are low, when interest rates increase, public will go crazy, and tea party will come back to life, in running for reelection, trump cannot talk about entitlement reform, i would pray, if he getting reelected we look at some things that obama promised to look at in terms of reforming social security in particular. >> i believe to that point we need interest rates to behave more normally we neat -- >> higher. >> yes, we need inflationary back up for this.

>> whole world has like zero interest rates. >> i want them to go down. >> they are doing that because we're in a disinflationary spiral, talk to japan, you can't payback the deficits with more expense oexpensive dollars and o get out of them. >> one data point, do you know greece has a bond out right now with a negative interest rate, if that does not say it all. >> this is bigger conversation than 3 1/2 minutes, if you have an aging population, and pop lake decrease, the question about economic growth and interest rates i know we think they must go up at some point, you look at western europe and japan maybe they won't. david: mcconnell said we're not pass a budget because democrats -- m he is probably right, but we it continuing

resolutions instead of passing a budget. >> this is government on automatic pilot,. david: nothing gets cuts. >> nothing gets changed. you can't create new programs. it is no way to run a country. david: to be a fly on the wall at white house tomorrow, president sitting down with one of his biggest critics, governor cuomo, fighting the dhs decision against travelers in u.s. sanctuary state, does cuomo have a case? we ask arizona congressman andy bibiggs, joining us next.

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tomorrow, governor trying to stop dhs from blocking new yorker from a trusted traveler program, a move they made in react to state not sharing information withb travelers with the dhs, cuomo now saying he is willing to share some information with the dhs. joining us congressman and andy biggs. do you think that cuomo's -- is enough. >> they don't' every record, they wanted record of people who want to be trusted travelers, he said we'll give you those, this was much ado about nothing. he wanted to avoid giv giving us those records but he has capitulated and i am glad. >> i know why they within this

far, but this serves an example to american people the strife between left and right, we get caught. >> i wish it would have stopped yesterday, i don't know when it would end, i thought it was interesting, we found out and determined that we think motivation was, because mayor cuomo did not want to give over the records that might belong to illegal alien drivers who are getting licenses. he did not want to give that to dhs, they were not asking for that. you get this push me/pull you type of situation. >> you feel that there is any broader maybe oh, my god bipartisan consensus about this continue issue of state right versus federal authority. this is one of many of these issues that play out, i remember arizona did not pass martin

luther king day in 1991, that ended up being changed because of an nfl boycott because of super bowl, but there is a constant tension between how much federal government can dictate, and states can cut across it. >> i wish there would be i am a big modern federalist, i think we should go back recognize there should be state sovereignty. we basically killed the structure that protected the states from overreach of the feds, 17 amendment, 16 amendment, passed in 1913 they are hugely getmenta detrimentalo preserves states. if removing ewell electoral cole you would get we would not longer have federalism, we would be a national state. >> congressman it seems that reason that cuomo is going to dc

to meet with trump, new york's economy that is in bad shape right now, we need tourism, can you imagine the lines at jfk, that would result for not having global entry already, sometimes they are like an hour long for people coming to the country this was cuomo's effort to not have a incredible boo boo under his watch. >> you are right, i think he made a tremendous error in judgment. i really -- sthor than other thn motivation that has been attributed to him, i can't imagine what it was other than he thought maybe he would poke the president in the eyer or something, but this has no bearing on president at all, but are right, i have been in those lines. >> and new yorkers are spoiled. you know that, interfere with

getting us a lyft car or immigration quickly we rebel. >> this is steve moore, a quick change of subject, but related to new york and arizona, one thing that cuomo talks about is state and local tax deduction, he wants to bring that back. because new york is high tax state, you are in a low tax state you get new yorkers, expil ilandillinois residents what ise fate? >> i don't think cuomo will win on that -- >> good. >> there are too many ofs that youen to want to subsidize a high tax state, that is about what we were doing, arizona, we get folks from california, with the same fate going on, we welcome them, i remind them could you are here in arizona because of low tax, anden to votdon'tvote to turn us to calir new york. david: you are on judiciary

committee, any chance that this fight between pelosi and schumer and president over doj . could turn to impeachment? >> i pray di it does not, they d of give a nod to investigating the whole thing. i hope we don't start walking down a parade of end less investigations again. david: andy biggs thank you. >> longest war in america become to an end, state department spokesperson morgan ortegus will give us latest details on this and u.s. response to very disturbing reports that huawei has backdoor access to our mobile networks that is coming next. ♪

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david: the end of longest war in american history could finally be in sight. following president trump's conditional decision to sign a peace deal, president said that agreement would be signed only in taliban commits to reducing violence in afghanistan. joining us state department spokesperson morgan ortegus. i have to ask, with history that taliban has of lying and cheating are you worried about sending out false signals. >> it is a excellent question, we know who we are dealing with.

we understand there will be a highly skepticism, in all we work toward this reduction in violence, any future agreement that may come to play, we'll have checks and balances, we'll have a condition based approach to assess every step of the way, if there an american troop draw down, really what we're looking toward here is not just to deal with taliban but goal of trump administration to pursue, a political resolution in afghanistan. that means we need to give president begany, civillieity, l people to afghan to the table. almost 20 years, it time for this conversation of afghanistan to begin amongst all parties there. >> it is.

last time it was raised and trump was going to meet with taliban, everyone went nuts is there anything different. >> i think there is a lot different. we have done. a better job of communicating with people in washington and the hill, what our goals are. we did not hear chris sim hear m from texas or -- from where people send their children to fight in afghanistan, they understand the real cost of war, what it means to do 4 deployments in afghanistan. >> that is a question, is taliban really ready to deal? do they want to go into this meeting with a chance to get a deal gone with the americas? >> yes, we don't have a deal yet, we have nothing to okaynounce, we working toward a reduction of violence in

afghanistan, this would be good, a reduction of violence, but good for afghanistan, cannot continue to be a pe perpetual se of war, that country needs to come together, this is really tough stuff. the obama administration knows this full well they tried to negotiate with taliban they did not work, we understand that magnitude of what we're taking on, we understand that there has been very credible checks in place, and. credible conditions in place. and that will be assessed on the way, we know that congress will be a part of that process. david: morgan, switching gears, details are now emerging about how huawei, the chinese telecom company can gain backdoor entry to virtually any mobile network it is a part of. telling fox news in part, we have evidence that huawei has

capabilities, secretly to access sensitive and personal information -- and sincist -- it maintains and sells this world strategically. now that we all understand that. will u.k. reconsider the decision to work with huawei? >> so, i'll lit the united kingdom speak for their decisions, we were just with secretary pompeo in london we met with prime minister johnson had his cabinet, that concern vision was very focused on china. i do think they understand the threats, we will continue to work with them, our closest ally, close ef closest intellige sharing partner, there is still a lot of work to be done, listen, secretary pompeo says this a lot, we're had huawei -- we're having to get rid of that now, and deal with that,

deadline i is a challenge, the chinese communist party has behaved in this manner with financial, like huawei, we could do gown th down the list, we'reg a light on it speaking it loudly even if it makes people uncomfortable, we'll continue to talk about threat to country's national security if they do business with companies like huawei. david: huawei chief security officer, will be with maria bartiromo tomorrow, 7:30, you might want to tune in to that. final question, secretary pompeo, is involved in a woman's global initiative today, what did that? >> so i had the privilege of helping ivanka trump launch if a year ago. at munich security conference, today with secretary pompeo we celebrated one year answers have of the initiative. it important to note that this is first time any president, has

ever put women's economic security in national security strategy. president trump, said women's economic security is directly correlated to our national security. secretary pompeo will house this initiative here in state department, we head to africa in next few days and meet projects there that we work owe work on things like women can't own businesses or inherit money, the legal barriers in many cu counts to wi women to have control of their life and agents, this initiative that ivan is ivanka. david: very important work, great to see you thank you. >> and maria bartiromo interview with huawei chief security officer andy purdy, tomorrow at

7:30. >> are americans spending more than they can payback? biggest increase in household debt since just before the financial crisis, is it time to sound the alarm? we'll debate that next.

david: total u.s. household debt rising by 601 billion, dropping philanthropdrop 14trillion for . driven by large increase in mortgage debt that rose 43 billion, americans have increases their bar borrowing f2 second quarter, is that a bad thing. >> no. i don't think it is. >> that is the end of the segment. >> okay. >> i'm going -- i'm with zach, that is a lot of debt.

david: the reason is segmenting, you read media they are sounding alarms. >> what is going on, asset prices are going way up, wealth of americans is rising faster than debt. and it goes to point, interests are low. now is a good time to be. >> service ratio the story behind the story, that is amount it cost to service or finance a debt that is, multidecade lows. if they have been crazy on debt side, service ratio, and interest rate costs are down that is time you should be buying. david: you want them to go up. >> evenly -- eventually. >> i thought scott only shouted when he was in chicago. >> you are right, if americans payless on their debt, relative

to their incomes it would be startling if debt did not go up in a period like this. economy is growing, people are spending more. they realize 0% interest rates or 2% they should borrow. >> and to elab wai elaborate. i think that is one of the under emphasize realities. david: you don't buy a house unless you are sure about the job, with these jobs numbers no one that h -- has that fear. >> we want people to own their homes, we seeing that. david: before we head to a break, what is coming up on "evening edit." >> we're looking ahead to nevada race, where we're tracking a

culinary casino workers union that is saying no to bernie sanders government-run health care, not only union that is opposed. we have the names, also david we have a whopper of a mistake that bernie sanders campaign has now made in a new attack on jamie dimon at jaso jace -- jpmorgan . >> i know to find that out. david: huge beltway furor over sudden resignation of federal prosecutors after they locked horns with doj and president trump over sentencing over former trump aide, roger stone. are the dems looking for another impeachment? judge andrew napolitano will join us next. >> they requested him to come in next month. i hope that we don't start walking down a parade of inless investigations again, it is time to move on.

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how you show up for the world, that's what's real. what's your idea? i put it out there with a godaddy website. make the world you want. >> he was treated very badly, 9 years recommended by 4 people that perhaps they were mueller people, i don't know who they were, prosecutors. and they -- i don't know what happened, they hit the road quickly, they treat the roger stone badly, they treated everyone badly. if you look at mueller investigation it was a scam, it was illegally set up, it was set up based on false documents. >> the president seems to think that entire justice department is just his personal lawsuit. to pros cute -- prosecute his enemies and help his friends, roger stone should get the full amount of time that prosecutor recommend.

david: president trump and senator chuck schumer locking horns over sentencing of roger stone, stone will be sentenced friday for lying to congress, and other felonies related to case brought by muellerrary investigation. prosecutor some of whom work for mr. mueller recommended a stiff 9 year for stone but that was overturned by attorney general barr. calling it excessive. we bring in judge andrew napolitano. so who was right? >> david, depends on how you look at this, one way is president is chief law enforcement officer in the united states and he is entitle to make law enforcement decisions with respect to federal prosecution. david: that is not what senator schumer made. said. >> right, his argument is opposite, it is unseemly for president publicly to intercede

in a trial still go on, that statement was echoed by senator lindsey graham by the way. one of president's strongest supporters. so, what to do when lawyers make the recommendations? against it is just a recommendation. judges have an algorithm, when properly applied shows stone should be exposed to three to four years, but there are ways to raise that, which is what prosecutor did, it in the hands of the judge, one of the reasons it is in her hands, because of legislation that president trump signed that allowed federal judges to deviate and are recommendations and sentence minimum or maximum. >> judge, this is a set up question, i hope you appreciate this, why do you. they had a stiff recommendation. >> they either had a political

animus against stone or a political animus against donald trump. or something about the case motivated them to do, that but in terms of the essence of what president said, this is far too severe. correct. there are lives and there are lives -- lives an lies and therf you till a lie that everyone listening to disbelieves at that moment, you say it, and government does not lose any assets or resources as a result of the lie, thin the punishment should be lesser. he was also convicted of threatening a witness, he threatened to kill the witness' cat. he didn't have the wher wherewil to kill the cat, the witness said i done think he would get near my cat. >> a quick hypothetical on one

hand because that involves mueller investigation, and everything around that. partisans can a it was messy. and stone should never have been prosecuted and left can say it shes you an fettered presidency. follow the president were to do this about another case, unrelated to this political -- do you think it would create much more backlash? >> i do. i do. and this is fodder for the democrats, because they can reimpeach him, they have the votes to do it, there is no double jeopardy argument or statute of lim limitation, i hoo mother of god they don't go there again, but they do have the wherewithal to do it. president can expression any opinion he wants on any public prosecution he wants but he should pick up phone and talk to

attorney general, rather than causing lawyers to resign, and insulting prosecutor and insulting judge. david: if he did it that way, you know what would happen, someone would find out, and be accused of doing stuff behind everyone's back. that would be just -- end up just as crazy as now. >> he is entitled to do that, in my opinion, finest attorney general in high lifetime was brother of president of united states don't you think that bobby and jack talk to each other about hey. when are you going to arrest jimmy hoffa. >> what is to be done about this rarampant pros cue prosecutoriat in washington is chilling. >> we believe in civil liberties. >> i agree with you. and so does much of the legal

community in washington, and outside of washington. prosecute ires are ruprossers as are run amon amuck. in that respect, the president performed a positive good-bye his public thrashing on them. >> that is the other thing with respect to public, are people that surprised it took this turn? i think about how it has played out already. >> i was surprised that number was this high. scott. this is just outrageous number. for a case where there was no harm, nobody suffered. not the government or an individual. and as a result of what stone did. david: trey gowdy said he is prosecuted child pornographyers that get less than that. >> probably right. stone should get probation and go home. david: it makes you wonder about the prosecutors, when they had a vendetta of some kind.

>> they are not necessarily off the case, until the judge lets them off. if he asks them why they quit, that will open another can of worms. david: imagine that. thank you so much judge, appreciate it. >> my pleasure. david: in time arf valentine's , a surprising number of couple are cheating on their partners, but the indulgence they are hiding from their partners and why, coming up next. ♪ somethings coming over me smote ♪ my i baby's got a secret ♪ -old firm built for right now. edward jones. it's time for investing to feel individual. ♪ yes i'm stuck in the middle with you, ♪ no one likes to feel stuck, boxed in, or held back. . .

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♪. david: don't dessert them here. majority of couples are committing infidelity and cheating on their partners with, get this junk food. a whopping 71% say they indulge in unhealthy food choices behind

their partners back according to survey. 55% they hid food because they fear they will be food shamed for choosing an unhealthy snack. is inhere, starting with you, to admit this infidelity? >> used to be said mysteries of marital bed no one can penetrate. now the mysteries of marital refrigerator. david: that's right. you don't do that, do you. >> on this particularnds of not. gosh -- >> bonds? >> easy to get basically anything you want this world delivered to you, you have to pretty much on the same page with your spouse or partner when it comes to diet. if they're eating salad and you're eating barbecue ribs that is tough way to go together. >> i have ice cream and hamburgers s that a good diet? my wife says, why are you getting so fat. david: my wife gives me lentil

soup. i eat it. somebody here at fox business whose wife gives him a salad every day and -- >> not going to rat him out? david: i won't tell you. >> page six coming up. liz: look ahead to nevada and south carolina after bernie won the new hampshire primary. we've been reporting this. happening now, big las vegas labor union joins other unions to oppose bernie sanders government-run health care t would take away health coverage that union workers fought for. it is a hot debate breaking out now. democrat moderates in districts won warn democrats could lose the control of the house if bernie is the nominee, saying coalesce around a moderate. nancy pelosi tell democrats turn away pro impeachment, focus on the trump economy, attack it. but "gallup polling" show number of voters who feel they are