i'm dana perrino. thanks for being here. i'll be here friday, too. here's shep. >> shepard: it's noon on the west coast, 3:00 in dc whe wher president trump is basking in the flow of a speech. yesterday he said he open to giving illegal status to undocumented immigrants. instead, we heard talk like this. >> we want all to succeed but that can't happen in law less chaos. we have to restore the rule of law at our borders. >> shepard: rather than focusing on immigrants, he denounced crimes that some immigrants have committed. up trump said he's calling on

congress to repeal and replace obama care. it's easier said than done. we'll get to the facts. house republicans score a win as they fight to avoid releasing documents on the trump team's relation with russia. they say democrats are playing politics, but critics counter if there's nothing to hide, why are you hiding? let's get to it. >> good wednesday afternoon from new york today. one day after. trump's widely praised address to the joint session of congress, millions are still waiting to see what the immigration policies will meet for them. the president had a private luncheon with the news anchors yesterday. he said he would give illegals a pathway to citizenship as part

of a compromise. last night the president reached out to congress about immigration reform. he mentioned nothing about a path to legalization. nothing about matters that he had spoken with the anchors about. he stuck to campaign rhetoric, about protecting americans from lawless chaos and building a great wall along the mexican border. >> as we speak tonight, we're removing gang members and criminals that threaten our communities and prey on our very innocent citizens. bad ones are going out as i speak. as i promised, throughout the campaign. >> president trump and the first lady's guests last night included the widows of two law enforcement officers whom an illegal shot and killed and the father of a teen that a gang member shot and killed. the president announced a new

office to help those that undock documented immigrants commit. statistic statistics. president trump believes that democrats and republicans can work on reform. chuck schumer is pushing back on a host of issues. here's what he told republicans today. >> we have nothing from the administration. nothing on infrastructure, nothing on trade, nothing even on aca. so you want to sit down and talk? let's see what your plans are. see if you can get your own act together before you're pointing the finger at democrats. >> shepard: president trump spoke about keeping terrorists out of america. >> those given a high honor of admission to the united states should support this country and love its people and its values. we cannot allow a beachhead of

terrorists to form in america. we cannot allow our nation to become a sanctuary for extremists. >> the president is taking time before issues a new travel ban that the white house says will comply with the courts. this after a federal judge lifted the president's original ban and a panel of appeals court judges refuses to reinstate it. the president said he would sign the new executive order today but a new source tells fox news that john roberts that the president has delayed the signing until friday. john, what have we learned about the decision to delay the travel ban? >> this executive order keeps getting pushed back. the white house knows it will be controversial and firepower from democrats so they want to put it out at the right moment. they initially were going to do it last friday. they decided the president is having a good week. do we want to step on that? they wanted to do it yesterday

but yesterday was about tuberculosis joint address to congress. tomorrow he has a big speech above the u.s.s. gerald fold. so it's tentatively scheduled for friday. he's traveling friday. there's always the chance that they could say, we had a good week. do we want to step on that, too? i wouldn't be surprised if it's kicked back until next week. there's a bunch of changes that we outlined last week. carved out permanent residents with visas and then there's another change. a lot of pressure from iraq to say we don't want to be part of the group of seven nations where visas are wanted on a temporary basis. the white house will i understand put iraq in a different category. not remove it from the list but a different category that we don't know exactly what that means. >> shepard: john, there's reports that the president made statements about immigration

reform that he wasn't going to bring up last night to try to create a news narrative that was positive for him. what is happening on immigration reform if anything? >> yesterday what we saw at the lunch with the television anchors where the president floated the immigration reform, your classic trial balloon, the message he gave to congress was more subtle. nothing about this idea of a path to legal status for many of the people in the country illegally or path to citizenship for the so-called dreamers, the children brought here by their parents illegally. the two topics are controvers l controversial. last night when the president brought it up, it was specific on bringing in on a merit system. that didn't draw much appreciation from the democrats either. here's what the president said followed by chuck schumer. listen. >> it's a basic principle that those seeking to enter a country ought to support themselves

financially. if we are guided by the well-being of american citizens, then i believe republicans and democrats can work together to achieve an outcome that has eluded our country for decades. >> yesterday he has these cosmopolitan reporters in and says oh, maybe we'll do something on immigration. at night, he gives an anti immigration speech. >> he mentioned repeal and replace obama care, tax reform. we'll need a lot of heavy lifting from republicans. the congressional leadership was over at the white house for lunch. near getting down to the business and setting agenda and creating time lines. it will take a long time to get through and require determination on the republican leadership. >> before we move on, every yea state of the union or the address to congress.

during that, whoever the president is, tells you what they're laying out for the night. yesterday the indication was this path to potential legalization for those that were here that have not committed crimes. he made it sound as if this was going to come up. so he got hours and hours of coverage about that before last night's address and poof, it was gone. what he said was going to happen did not happen. that was a bit of a misrepresentation, was it not? >> they didn't actually say it was going to happen. they suggested that something he might bring up. he did bring it up, though in a much more bland form than put out there in the lunch to suggest that we would need immigration reform. he thinks the time is right, that it needs to be a merit-based system. he thinks the republicans and democrats can come together on it. you're right. the controversial part of what he said at the lunch yesterday, the path to legal status, to citizenship for the dreamers didn't come up last night.

that was clearly by intent. >> john roberts at the white house. thank you. for more, jill is here from the associated press. thank you. >> thanks for having me. >> shepard: john said that was by intent, that he told the news anchors and they reported that and last night something else happened. what is your reporting on this matter? >> we all know that the president is a master showman and he cares about building up hype before events. he's interested in how many people are watching and the anticipation leading up to it. this reminds me of something he did in the campaign. if you remember, he had the highly awaited immigration speech in phoenix. before that, he had a series of meetings with latino activists and various other activists interested in seeing him move towards a pathway to legalization. a lot of those individuals left those meetings convinced that trump was going to take the

word, to soften his tone or language. what we saw in that speech was nothing at all that echoed softening. saw echos of him cooing that again today. suggesting one thing would happen and delivering a speech that was very much the exact trump that we're used to hearing. >> shepard: the problem with this is, there's millions of people out there that participate actively in our economy and in our society. they have jobs, they pay taxes. they abidely laws and they have children. they're active in daily life just like those that have citizenship. they are left in limbo not knowing what their status is. if they run a red light or if they're walking down the street and somebody -- what is going to happen to them? the policy has not been laid out. when do we expect a policy on these matters so that these millions and millions of people and the people that enforce the laws know what is going on? >> absolutely. i talked to immigration

attorneys and i talked to folks that are caught up in this limbo. they're listening every word that the president speaks, they're listening trying to read behind his words. at this point we know congress is working on the healthcare plan. we know they're focused on the budget. at least from the initial reporting, sounds like the issue of immigration didn't come up in this lunch that president just held with republican leaders from the hill. so at this point, you know, everyone is in a wait-and-see mode. we haven't see any policy or suggestions of what the president will do when it comes to daca and a time line for both folks living here illegally as well as reforms to the legal immigration system. >> shepard: he promised to terminate what he deemed president obama's two illegal executive amnesties. we've seen no action on that front, right? >> we have not. we've heard him address this

several times during the recent press conference. he talked about how this was something that was really close to his heart and how difficult a decision it was, referring to the kids, they're great kids. it's difficult for me to wrestle with what to do. from the lunch yesterday, it appeared that he was possibly not just allowing the people to continue to work in the country but actually giving them some path to citizenship. at this point, that's all that we've got. there's been no formal proposal. there's been no executive action, no discussion that we're aware of that some type of legislation is under discussion. >> shepard: the other matter that he talked to the news anchors about that was news everywhere is how to pay for this historic increase in defense budget. he said among other things to the news anchors, a cut in environmental department, department of environmental regulation and a 37% or so cut

in the state department. that was met i mean roundly knocked down. leaders on capitol hill said that is dead on arrival. there was no mention of that last night. is there anything on this military build-up and how to pay for it? >> i mean, at this point, you guys have heard what we have heard on that. this is a long complicated budgetary process that will work itself out over the coming months. the agencies send back their own proposals and everybody fights over it. the point of the initial numbers that came out is for the president and the white house to make clear where their priorities lie and we'll see how that sorts itself out? a lot of reporters are talking about behind the scenes and what's happening at the state department. what was hearing from reporter after reporter was that is being run out of the west wing now. the state department is just

kind of over there like in limbo. what is your reporting on that? >> we've been hearing some of that similar issues about the state department as well. it's a question that a lot of people have. we'll probably figure out more over the coming weeks as we see how tillerson decides to respond. >> shepard: thank you. more in a moment. what if technology

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>> as promised, i directed department of defense to develop a plan to demolish and destroy

isis. a network of law less savages that have threatened muslims and men and women and children of all faiths and all believes. >> shepard: president trump's last night address to congress referred to the 30-day deadline to come up with a plan to take down the islamic state. monday, officials met that deadline. jim mattis gave the plan to repaidly -- rapidly defeat isis but plan is said to have needed more ground trips. now the top u.s. commander in iraq is pushing back on the idea of more ground troops. the brand new idea that just came yesterday. the army lieutenant general stephen townsend down playing the chances that the u.s. would

deploy more ground troops to fight isis because the current plan is working. jennifer griffin at the pentagon. >> the top u.s. commander in baghdad, steve townsend, just told reporters here at the pentagon he would be concerned about large number of u.s. forcing deployed to iraq to fight isis. one of several options being discussed at the white house as part of this new plan to defeat isis. >> i don't foresee us bringing in large numbers of coalition troops. mainly what we're doing is in fact working. >> jim mattis met with general townsend in baghdad just a week before he presented the military's recommendations or plan to defeat isis. general townsend said today he anticipates that kurdish fighters, among otherses , will be a part of the retake raca.

>> and russian planes bombed u.s. backed troops. what did the lieutenant general have to say about that? >> the incident in question occurred yesterday in northwest syria outside the town of el bab. russian war planes dropped bombs on syrian forces. here's what he said. >> there were u.s. forces in the area. not that close. they were four or five kilometers away. because remember, we're not fighting. we're not at the front. we're advising at command echelons a little further back. >> the pentagon has been complaining for some time that the russian war planes pose a serious risk to their troops in syria. the u.s. may have to send more special operations forces to syria to retake raka and the

troops could face a big problem if a hot line is not established soon to de-conflict. it's something that the chairman of the joint chiefs that met with his russian counter part discussed and it's not clear how far along they are. >> shepard: president trump sounded clear last night on one of his big issues. >> i'm calling on congress to repeal and replace obamacare. >> shepard: very straightforward and a familiar refrain except house republicans are interpreting his marks in entirely different ways. that's next. ♪ we asked people to write down the things they love to do most on these balloons. travel with my daughter. roller derby. ♪ now give up half of 'em. do i have to? this is a tough financial choice we could face when we retire. but, if we start saving even just 1% more of our annual income...

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. >> shepard: president trump trying to rally republican lawmakers to push through one of his top agenda items.

repealing and replacing the affordable care act. >> action is not a choice. it's a necessity. i'm calling on all democrats and republicans in congress to work with us to save americans from this imploding obamacare disaster. >> shepard: the republican party has been split over how to replace president obama's signature healthcare law. politico is reporting that gop lawmakers don't know what he meant in the address to congress. the house majority leader, kevin mccarthy said the president endorsed the party's leadership plan which would let americans use tax credits to help pay for insurance. some of the party's conservative have called that proposal obamacare-like. they said the president did not give the leaders the go-ahead. mark sanford perhaps summed it up clearly when he said we all hear what we want to hear. mike emanuel is on capitol hill. what are the critics on the

right saying? >> shep, there's some in the house and three in the senate, ted cruz from texas, mike lee from utah and rand paul from kentucky. they're against the idea of offering subsidies for people to buy insurance as part of the obamacare replacement. senator paul explained the thinking earlier today. >> people are trying to make it too elaborate now. they're adding in some government programs that i object to. so for example, if you give people back money that they did not pay in taxes, that is basically an entitlement program. >> other republicans say this is all part of the legislative process. people fighting for their ideas, hoping to have an impact on the final product. shep? >> shepard: what else are you hearing from republican leaders in congress, mike? >> i should note there's a meeting on the senate side in about an hour for a couple of key house committee chairman to sell republican senators on their vision. mitch mcconnell said earlier today, they're trying to save

people from a law that has hurt the middle class. >> a great example is obamacare. they were promised cos go down. of course, they went up. americans were promised more choice. they got less. americans were promised they could keep their plans. that was a broken promise as well. >> leadership sources continue to insist they'll be okay in the end. they say this is all part of the so-called churn when taking on a huge issue like healthcare. shep? >> shepard: mike emanuel on the hill. thank you. what a day on wall street today. a huge increase. this is a big one as the dow jumps over 21,000 for the first time. up 330 points on the heels of president trump's speech. what is behind this epic climb. and stick around. neil cavuto's interview with the treasury secretary steve mnuchin is coming un. it's a big interview and it's on

"your world" a half hour away. we always were told we were german. we were in a german dance group. i wore lederhosen. so i just started poking around on ancestry. then, i decided to have my dna tested through ancestry dna. it turns out i'm scottish. so, i traded in my lederhosen for a kilt.

>> i'm lea gabrielle with the fox report. more of today's headlines. rescuers in arizona saying an elderly driver after he got stuck in a raging river. this is what the van looked like today. fire crews say the man is okay. we haven't yet heard how he wound up in the river. the feds have charged more than a dozen people with fraud and money laundering. they say some of them tricked folks to buying cars online and never delivered the cars. scammers pretended to be boss of various companies and convinced employees to wire corporate money. the feds say it cost 170 people millions of dollars. and folks in tanzania say they spotted a fire back streaking through the sky. scientists say it was probably an optical illusion. they say it was probably the sun reflecting off of a plane.

the news continues with shep after this.

>> shepard: there's breaking news on fox news channel. that oscars debacle has now made changes. the president of the film academy says the accountants to blame for that big mixup will never work the oscars again. the accountants were with the firm price waterhouse coopers. you may remember warren beatty and faye dunaway announced the winners. turns out they got the wrong envelope. seems price waterhouse coopers is getting the blame and the boot. they're no more with the oscars. during the president's address, there was not one mention of russia and its meddling in our election or his team's communications with russian officials. that speech on the same day that the house republicans killed a democratic measure that would have pressured the justice department to turn over documents related to the trump administration's ties to russia.

there's multiple investigations into this issue including ones that the house and senate intelligence committees are leading. the fbi is reportedly investigating in different ways. former national security advisor michael flynn spoke with the russian ambassador on the same day that sanctions were placed. the president has not answered questions. specifically, were the sanctions discussed? were promises made? did general flynn lie to the fbi? transcripts are available. democrats want them published. now republican have blocked the first attempt to make them public. did the trump campaign manager paul manifort that worked for the ukrainian government have district contact with the russians? do the russians have information or videotape that compromises the president or his team? so far we cannot get answers. we learn today that vladimir putin said he's patiently

awaiting for president trump to make clear his official policy. that's the word from putin's own spokesperson after the lack of a russian mention in last night's address to congress. eliania johnson is here from politico. good to see you. >> hi, shep. >> shepard: is the push still on? >> you have some republican lawmakers led by darrell issa calling for a special prosecutor to look to this. the question we're getting to, there's a lot of smoke around this. is it going to translate to an actual thaw in relations with the kremlin? is trump going to remove sanctions that the obama administration put on? so far we have no u.s. ambassador to russia. the vast majority of the undersecretary and deputy secretary positions in the state department and the defense department remain empty. so day-to-day relations between the u.s. and russia really

haven't been going in the trump administration. we don't know, really, what relations will be like in the trump era despite all of the talk we had about what transpired during the campaign. >> shepard: what we do know according to all of our intelligence agencies and the fbi is that russia interfered in our election, not in the ballot boxes but in the campaign part, attempting to help donald trump according to the reports by those agencies. in addition, we know there was a phone call on the same day that the sanctions took place. we know there's transcripts of the phone call and we know they have not yet been made available and now there's been attempts to block any sort of information getting to the public. do we know why they want that information blocked to the public? >> what we've heard from republican lawmakers is that the house and senate intelligence committees are conducting these investigations. my assumption would be and what republican lawmakers are saying is that they want to i think have the liberty to conduct

these investigations outside of public scrutiny. if their conclusions, i think they will put out what was in those calls. >> shepard: sorry. working on another matter. aside from those investigations, we hear multiple reports of fbi investigations. what do you know? >> there's also an fbi investigation and senator top cotton indicated on sunday that the senate intelligence committee has had a hearing with fbi director comey, which is significant. so the two investigations have collided with senate intelligence committee talking with the fbi director about this matter. >> shepard: okay. do you know when congressman issa, what has he said about when exactly there will be some decision or movement open possibility of a special prosecutor? for people that were wondering,

the special prosecutor from time to time these have happened, they have made very big news. sometimes they're seen as dodging the political and sometimes they're seen as becoming a political showcase. >> the question i think is that when do republicans on capitol hill get sick of dealing with this scandal, when does it become a political liability for them and when do they say we don't want to deal with this anymore. we want to put it off on a special prosecutor. this happened to the democrats in 1994 with whitewater and it took about a year and a half to say democrats that we're sick of this scandal, we want to hand it off to a special prosecutor. this will be a huge pain for the trump administration, but republicans may be able to avoid it by handing it off to a special prosecutor. they're not there yet. it's going to take awhile for them to get there. that time may come. >> shepard: eliana johnson, thanks very much. we reported on breaking news from the oscars. the specifics of this are as

follows. the two accountants will no longer work with the oscars, but the firm price waterhouse and coopers, the relationship with the oscars is now under review. so the individual accountants will no longer work for the oscars. the review is now underway for price waterhouse coopers. the dow broke another record crossing the 21,000 mark for the first time ever. it happened at the opening bell. the index closed a above 20,000 for the first time in late january. a live look at the dow now. these numbers are incredible. up 327 points on the day. off barely from session highs. at 21,138 and appears to climb and climb. president trump has talked about revamping the tax code and improving trade policies. during his address last night, he called on lawmakers to approve $1 trillion in

infrastructure spending. that spending would be big news for big businesses from sea to shining sea and the markets love it today. jerry willis is here. dow on track to set a record for the quickest 1,000 point move in the history of the dow. >> hey, 24 trading days. 24. think about that. 10,000 point move. the last time this happened was in the dot-com boom. 1999. that move back then, 10,000 to 11,000 was a 10% move. the higher up you go, the smaller the gains jump. >> shepard: the market moved after a report after steve mnuchin. >> you know why? >> shepard: no. >> neil found out that not only are they saying, not only are they predicting the tax reform bill in august, they're saying the president will have signed it by august. a lot of questions about

deadlines and a lot of questions about what will be in the bill, what it's going to be about. we don't know details now. very optimistic comments. the mark trades every day on whether we get taxes, whether the infrastructure spending is going to happen and obamacare. >> the full interview is about to happened here on fox news channel. "your world" with neil cavuto begins in 20 minutes. good stuff. >> thank you. >> shepard: democrats say they're going to fight for president trump's tax returns. house republicans blocked the democratic resolution to release them. democratic minority leader nancy pelosi saying house republicans made themselves accomplices to hiding the tax returns from the american people. she added that the american people deserve the truth about russia's personal and financial group on president trump. president trump has said that americans are not interested in seeing his tax returns. >> i'm not releasing the tax returns. they're under audit -- >> every president since the

70s -- >> gee, i've never heard that. i've never heard that before. the only one that cares about my tax returns are the reporters. >> you don't think the american public -- >> no. i won. i became president. no, i don't think they care at all. i don't they care at all. you care. >> shepard: the tax returns would make his business ties to russia clearer. democrats say if there's nothing to hide, why wouldn't the president release them? peter doocy with the news on capitol hill what are democrats doing differently now to try to convince the president to release his tax returns? >> shep, starting this afternoon, democratic senators are no longer saying they must be made public. instead they're telling the white house they should send the tax returns up the street so lawmakers investigating russia and white house ties can have a look. make sure there's nothing inappropriate in there. >> the uncertainty ant trump's business entanglements raise questions about the decisions that he makes as president.

that's why we're here. for example, since becoming president, for example, how can we expect president trump to negotiate fair trade deals that protect american workers and manufacturers if he's in the pocket of chinese and other foreign investors? >> democratic lawmakers have been trying to get republicans to go on the record as being okay with trump tax returns remaining secret. that's why they forced a floor vote last week. the only republican defection were two members that voted present. democrats have not been able to get any members of the president's own party to go on the record and vote to get him to release the tax returns, shep. >> shepard: peter, what is the reporting on whether republicans will subpoena for the tax returns? >> it's possible that could happen. nobody is pushing for that, shep. the chairman of the house intel committee says he's not going to subpoena the trump tax records. the door is closed there.

the door in the senate is cracked over by susan collins on the upper chambers intel committee. she said recently she hopes the white house just hands them over without being compelled to. if they don't, she could see the use in a subpoena there. it's worth pointing out, up trump has said over and over that he does not have any business dealings with russia and he has not. so far there's no evidence to prove him wrong. shep? >> shepard: peter doocy, live. thank you. a big book deal. the biggest of the book deals. a record for a book deal believed to be about $15 million. $15 million up front for your book. former president bill clinton scored that with his autobiography. it appeared president obama just set a new bar worth millions and millions more. the details and the numbers are next. when you have digestive sensitivities, life can feel like a never ending search for food that won't cause bloating, gas, or inner turmoil.

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>> shepard: there's word now on how much former president obama and first lady michelle obama

have scored in a joint book deal. the reporting comes from the financial times newspaper. now background, former president bill clinton set the current record at $15 million in 2004. president george w. bush got $10 million for his best seller published in 2010. hillary clinton got $8 million for her memoire in 2003. so how much for the obamas? michelle and barack obama together? trace gallagher, $65 million? >> $65 million. apparently the bidding war went down to the wire. random house won the deal. a huge surprise that penguin won the auction considering its imprint crown books published the president's three other books, "dreams from my father."

crown published the first lady's food and garden book. the ceo of penguin said -- the obamas reportedly plan to donate a significant portion of the proceeds to charity, including obama administration. now there's been no release about the details of the books. abc news is reporting the former president's book will be a straightforward memoire about his presidency. we know that mr. obama kept a journal from his time in office. so it's likely the book will increase behind-the-scenes moments as major events unfolded. he's expect told talk about race relations in america. for michelle obama, his book will focus on her life story in a way meant to inspire young people. at $60 million plus, experts say penguin stands to make some

money on the deal. because the books are eagerly anticipated in both the u.s. and of course around the world and a whole bunch of different languages. chuck? >> shepard: trace gallagher, thank you. oprah winfrey hinting she could run for president in 2020. she said that previously she never considered the question even a possibility. but she went on to add, oh, gee, i don't have the experience. i don't know enough. but now i'm thinking, oh! after donald trump announced his presidential run, he suggested that oprah would be a great running mate but she endorsed hillary clinton. jeff sessions slamming marijuana saying it's linked to more violence. what does that mean for states that have legalized it? what does this mean for medical marijuana users? what does this mean for recreational users in let's say colorado and other states? kennedy has her take next. fun in art class.

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>> shepard: well, we now know that the feds will target drug cartels to stop what the attorney general says could be a new crime wave across the nation. jeff sessions, a long-time anti-drug warrior, taking aim at legal marijuana at a meeting yesterday with some attorneys general. he said marijuana is causing violent crime and contributes to opioid abuse. there's nothing to show this is true. he said lady gaga is addicted to marijuana and it's not harmless. kennedy is here. host of "kennedy" monday through thursday on the fox business network. a new weed war because trouble. >> if you're going to make a claim there's an increase in violent crime because of marijuana, you might cite data. it's an absolute imperative,

especially when you're the attorney general. >> shepard: there's no data. >> of course there's no data whatsoever. what you have in the state of colorado where the governor originally opposed the initiative that legalized recreational marijuana is a billion new dollars, a lot of which goes to education. so the governor there and the golf in nevada, they're both saying, you know what? maybe encouraging entrepreneurialship is not the worth idea in a state like ours where marijuana is highly regulated. you know exactly what you're getting on the side of a canister of whatever you buy at a dispensary, which you can't be under 21 to get into. >> shepard: but crime across the nation and opioid abuse. >> opioid abuse starts from legal prescription drugs. when kids can't afford pills on the street where they're more expensive than stealing them out of their parent's medicine

cabinets, that's when they turn to heroin. the mexican drug cartels, there's a glut of marijuana in this country, a lot of legal growers now. we don't need to import it from the golden triangle from mexico. when you're not selling enough marijuana, you turn to other drugs, which are still illegal. the problem with illegal drugs like heroin and it's a very inconvenient truth, you don't know what is in them. people can put things in them like fentanyl, which will kill you. >> shepard: so what about opioid abuse and crime? >> opioid abuse is a terrible thing. a lot of people become addicted to alcohol. nyquil. it's a public health problem. that's where we need to shift the burden. the president talked about that last night. so did president bush and president obama as well. we need to focus on addiction and treating people's addiction

and not a public health issue. >> shepard: you feel the drug war brewing? >> yes. i do. it's convenient for agencies and law enforcement because they get more money to fight the drug war, which puts a lot of people in prison and exacerbates the problem and wears thin the resources of law enforcement in this country, which should be focusing on things like terrorism and violent crime. >> shepard: kennedy tonight at 8:00 eastern on fox business network. next, the dow closes and then neil cavuto. rance plan." no, i picked the wrong insurance company.." with new car replacement™, we'll replace the full value of your car plus depreciation. liberty mutual insurance. i use what's already inside me to reach my goals. so i liked when my doctor told me that i may reach my blood sugar and a1c goals by activating what's within me with once-weekly trulicity.

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>> shepard: on this day in 1872, yellowstone national park was born. it became america's first national park when president grant signed the bill into law. he signed more than a million acres in the west full of geysers and canyons and waterfalls. most people don't know the place existed until photos caught the attention of congress. the president moved to preserve

a natural wonder. 145 years ago today! speaking of a wonder, look at this. wonder how long this can continue. up 300. neil cavuto with a huge interview. he's on now! >> neil: thank you, shepard. that didn't take long. 24 trading days to be exact to go from 1,000 point level to the next 1,000 point level. that ties a record we haven't seen since may 1999. the beginning of the internet boom. this one buoyed by tax cuts this are coming. welcome. i'm neil cavuto. on this day, i had a chance to speak to the treasury secretary of the united states. indications from steven mnuchin that all systems go for perhaps the biggest wave of tax cuts we've seen since ronald reagan s