dana? >> dana: the president announcing a new deal to open the government. thanks for joining us. up next, here's shep. >> shepard: and we begin with breaking news. president trump announcing a deal to temporarily reopen the government and end the longest shut down in u.s. history and our team on capitol hill tells us congress could take up a bill on this by the day's end. i'm trace gallagher in for shepard smith. the president laying out the details this past hour. >> i will sign a bill to open our government for three weeks until february 15. i will make sure that all employees receive their back pay very quickly or as soon as possible. it will happen fast. i am asking senate majority leader mitch mcconnell to put

this proposal on the floor immediately. >> a source tells fox news the short term bill does not include funding for the president's long-promised border well. the president says if he doesn't get a fair deal from congress in the next bill, the government will shut down again or he will use his constitutional powers to get one. the president's announcement comes on the day hundreds of thousands of americans are missing a second straight paycheck. as some of the busiest airports in the country experience major delays because of a shortage of air traffic controllers. mitch mcconnell and minority leader chuck schumer met to discuss the shut down after the senate went 0 for 2 on plans to reopen the government. lawmakers voted down bills from republicans and democrats and soon we're told they will try again. we have team fox coverage. mike emanuel is live on capitol hill. first, to the chief white house correspondent john roberts live on the north lawn. john? >> trace, good afternoon to you. white house officials say this

really came together over the last 24 hours and got into high gear after the two bills failed to get through the senate. one of those was a proposal that included money for a border wall. another was a proposal to open the government until february 8. the president started working the phones, talking with the congressional leadership on both sides of the aisle, nancy pelosi, chuck schumer, kevin mccarthy, mitch mcconnell among others. finally came up with an agreement that they would agree to a continuing resolution that would keep the government open until february 15. during that time conduct what should be, according to the president, fairly intense negotiations to try to get a border wall. white house official told me we have strong signals from a large number of democrats that they will give some funding for a wall and that try trust that they will operate in good faith. here's what the president said about that or the consequences a short time ago. >> so let me be very clear.

we really have no choice but to build a powerful wall or steel barrier. if we don't get a fair deal from congress, the government will either shut down on february 15 again or i will use the powers afforded to me under the laws and the constitution of the united states to address this emergency. >> which interpreted is the president says he will declare that state of emergency and use funds allocated to the department to build a border barrier. there's been a number of billions that have been identified by the office of management and budget that could be reallocated to do that. what is interesting about all of this is what the president announced today is exactly what he could have done two weeks ago. because that's exactly what senator lindsey graham had

suggested he do, and the president rejected. senator graham said on "fox news sunday" i would urge him to open it up for a short period of time, like three weeks before he pulls the plug to see if we can get a deal. if we can't, all bets are off. see if he can do it with the emergency powers. that's my recommendation. again, the president politely rejected that idea a couple of times. in his speech this afternoon in the rose garden, the president again illustrated and emphasized the need for some sort of barrier along the southern border not only to curb illegal immigration, but more importantly try to stem the flow of drug and crime a comes across the southern border. listen here. >> catch and release. you catch them, even if they're criminals. you then release them. you can't release them from where they came so they go into our country.

and end up in places you would least suspect. we do little as releasing as possible but they're coming but the thousands. i've had zero democrats want them to be released in their districts or states. they know that. that's what we'll discuss. >> the democrats have been resisted to a wall. nancy pelosi calls it immoral. chuck schumer doesn't want it. i talked with a lot of people and these are career civil servants, custom and border protection. to a person they say that a barrier along the southern border is something that they want because it will slow people down, it will give them time to be able to get to points of intradiction where they can funnel these people or be an prehenced. that's not an argument that the democrats are buying not just

yet, trace. >> we talked a lot, john, about the whole airport situation at la guardia and philly and a lot of delays. how much of that played into this today? >> well, again, the discussion started right after the two measures failed in the senate and there was an urgency here to get the government reopened. this morning when there was a ground stop at la guardia, that kicked everything in high gear. the president was briefed about this earlier today. listen here. it's a statement. she said the president has been briefed and we're monitoring the ongoing delays at some airports. we're in regular contact with officials at the department of transportation and the faa. the president has referred in the past to la guardia as a third world airport and a lot of people that fly out of there would agree. it's being reconstructed, as you can see there. the runway configuration limits

the amount of air traffic that can get in and out. a lot of business travel that happens in and out of la guardia. when there's a ground stop there, it ripples throughout the system and becomes a very serious problem. as a life-long new yorker it's something that hits home for president trump. nancy pelosi said the trump shut down pushed our aero space to the breaking point. president trump stop injuring the well being of our nation, reopen government now. now the only other question to be answered in the immediate term is whether or not the state of the union is back on for tuesday night. there's no reason it shouldn't be if the government get reopened. even though nancy pelosi asked the president not to come and then told him that he wasn't going to let him come, the planning for security on the part of homeland security, the

u.s. secret service and the sergeant of arms never stopped. in terms of security, everybody is ready. politically can they pull it together. >> we should be good to go. thanks, john. let's go to capitol hill. mike emanuel is reporting live there. mike? >> trace, we expect things to move swiftly here on capitol hill. once there's an agreement to reopen government for three weeks to sit down and talk about going forward in terms of border security, things can happen rather quickly with lawmakers. the senate expected to act swiftly. we expect the house will do the same later this evening. mitch mcconnell is saying lawmakers should use this time, three weeks, wisely. >> going forward, i hope our democratic friends will stay true to the commitment that they have stated constantly over the past weeks, that once government was reopened they would be willing to negotiate in good faith on a full year government funding that would include aing

is enou-- significant investmen border investment and physical barriers. >> chuck schumer was on the floor moments later. he said there's some areas of agreement in terms of securing the southern border. he doesn't agree with a wall but he says he thinks they can work some things out when they sit down and talk about border security going forward. the senate democratic leader was pleased that democrats got their way in terms of separating the shut down from the bigger discussion about border security. >> this agreement endorses that position. it reopens the government without preconditions and gives democrats and republicans an opportunity to discuss border security without holding hundreds of thousands of american workers hostage. >> bottom line, all indications

are a crisis may be averted after five weeks here on capitol hill. we'll see if they can get it together the next three weeks in terms of the bigger discussions about border security. president still holding in his back pocket the possibility of calling it a national emergency. a lot of folks on capitol hill breathing a sigh of relief as the shut down may end at 35 days, trace. >> mike emanuel live for us. let's bring in martha maccallum. i was listening to the president's speech. when john roberts touched saying, look, the president could have done this exact same thing two weeks ago because this is exactly what lindsey graham offered two weeks ago and he said no, not going to do it. >> yeah, politically the president felt that sticking to his guns is what he had to do. this is a big campaign promise. this will remind people of the read my lips moment from president bush, the 41st

president of the united states if indeed the president doesn't have the ability when 2020 rolls around to stand up in front of his base and everyone he wants to pull into the base and say we got it. we have a wall or we're on the way to having one. this is a very difficult moment for the trump presidency. having capitulated many would say on this round. but i do think that the voice of lindsey graham has been significant here, he's close to the president. they listen to each other. i think they have bought themselves three weeks. the question is, what happens politically over those three weeks that changes. nancy pelosi is very dug in on not having anything that the president can lean back on and say look, there's my wall. i did what i said i was going to do. this is going to be a difficult three weeks. you know, one more things, trace, jared kushner has been pushing for a comprehensive immigration reform. being an advocate, this is the time to do it. let's see what happens. let's see what materialized and

if they can get anywhere near that the next three weeks. >> it's interesting. nancy pelosi really does seem to be dug in on this. i was listening to chuck schumer after mitch mcconnell. chuck schumer seemed to have some wiggle room. he was talking about border security, he was talking about negotiating in good faith. what are the odds that may be chuck schumer, nancy pelosi will give the president some money? maybe not $5.7 billion, but it appears there might be some money coming to the president. >> i think chuck schumer is in a different political position than nancy pelosi. i think that she had to likely make some promises when she got the votes, the 218 votes that she needed to become speaker of the house. we've documented quite clearly how the mid-term election has pulled the house of representatives, the democrats there, further left. and this idea that a wall is immoral, that it's un-american, that this isn't who we are, resonates with the further left

wing of that party and she has to keep them satisfied if she's wants to stay in her position. so that's politically difficult for her. i don't think there's a lot of leverage, not a lot that she gains from giving in to the president on this. >> so if she doesn't give in, we go to the president's next threat, which is he's going to declare a emergency on the border and i'm going to take any $5.7 billion from military funding and it will immediately be enjoined by the courts. legal experts have pointed out, it's going to be hard to stop this. you have to show someone was standing, someone who has been harmed by this. and that could benefit the president going forward. >> elections have consequences. that's what we're seeing playing out today. democrats now control the house. the president is in a similar situation in some ways to prior presidents. president obama said i have a pen and a phone and i'm going to use the abilitities as an

executive at my disposal. we'll see and hear more from the president on this. i would also -- i think there's reason to believe that the push and pull that happened this afternoon was between those that might have said, let's go out there and declare a national emergency right now. let's keep doing this. let's keep pushing for the wall and those that said let's do this three-week hiatus, get this off or backs for now and then try to see what we can get when we go back to february. >> at least we can get some people paid. martha maccallum, great to see you. i'll see you back here tonight on "the story" at 7:00 east entime. martha maccallum, thank you. meantime, more ahead on the shut down. headaches at major airports. the other big breaking story today, president trump's former adviser, roger stone, indicted in the russia investigation. the white house says this has nothing to do with the president but the special counsel says it does have to do with senior members of the trump campaign.

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>> and breaking just moments ago, the house minority leader kevin mccarthy speaking about the president's agreement to open up the government. let's listen. >> look, i think it's best that we have the government get open, that we're able to go in to conference and start debating this. i think we'll probably work it out better. i'd like federal employees to be paid just as we put on the floor this week more than three times that these federal employees should be paid. unfortunately democrats didn't join with us. yes, this is something that should move quickly. >> no exceptions from your side? >> i don't believe so. because what we'll vote on is open the government for three weeks, take action to go in conference at the same time, three more weeks to go to solve this problem. >> why didn't you do this in

december? >> what is interesting is, we sat in those rooms and tried to negotiate with the president with four different offers. the democrats continued to say they wouldn't negotiate. we saw the number of people that was hurt. the president was looking to put americans first. i think he felt from listening to the number of democrats that we heard from -- if you listen to the chair of ag where he said give trump the money. the chair of arms services said walls work. a number of democrats saying yes, we should put money in for walls. from that standpoint, if we get into conference, especially with democrats now saying that they would support the wall, i think we can come out and find common ground. i think three weeks gives us time to do that. a number of the federal employees were hurting and not being paid and they should be paid for their work. >> [question inaudible] >> you know, that's the speaker's -- you know, of america learned, very differently than the past.

i would like to see the state of the union still go on. i don't know from the security purposes if there's enough timing. i'd like it to go tuesday. if not, i'd like it to be the next tuesday. it's important that america sees everybody together moving forward. >> the president says there could be another shut down if there's not a deal. is that a credible threat at this point as he capitulated on it? >> and the key point there, that's kevin mccarthy. the key point is that a couple weeks ago the democrats were dug in. they said they wouldn't negotiate on the border wall. now he believes and the president believes that he in fact would be willing, that the democrats would be willing to give a little bit on this wall funding. we shall find out in the next three weeks. the president said if he doesn't get it, he will declare an emergency at the border and take executive action to get his $5.7 billion. much more coming up, including

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president will not get the wall on her watch. when they start speaking, we'll come to you live. the other big breaking news, president trump's long-time friend and adviser roger stone indicted on charges of witness tampering, obstruction and stalls statements. a judge releasing stone on $250,000 bond. he told the crowd outside the courthouse that he plans to fight the charges against him. before sunrise this morning, fbi agents arrested stone at his home in ft. lauderdale. stone claims the fed scare his wife and dog and said he would have come unvoluntarily. stone's relationship with president trump goes back more than 30 years. he was one of the president's earlier political advisers. stone joins five other

associates that face charges in the russian investigation. the white house says stone's arrest has nothing to do with the president. robert mueller is looking into moscow's meddling in the 2016 presidential election, possible collusion with members of the trump campaign and whether the president obstructed justice. president trump has said there was no collusion and no obstruction. we have team fox coverage. phil keating leave outside the courthouse. and first, catherine herridge reporting live in washington. catherine? >> the indictment lays out e-mails and media appearances and julian assange and what he knew about the clinton e-mails. the indictment refers to wikileaks as organization one. and quoted --

>> stone told the trump campaign about potential future releases about organization one. the witness tampering is extensive. it states that stone repeatedly urged a witness to make false statements to the house intelligence committee, that would confirm stone's earlier testimony. stone went further in a text with a congressional subpoena looming. "stone wall it" he said, anything to save the plan. and then richard nixon. the indictment stops short of drawing any connection with stone, wikileaks and the russian back hackers that obtained the e-mails. that's important to emphasize. trace? >> trace: catherine, sarah sanders responded minutes news after this broke. >> she responded after the story broke before we had a full

picture of the charges. let's listen to what she said. >> one question that i would be interested to see is if the same standards apply to the charges that have been brought are about false testimony, the same standards will be applied to people that we know have given false testimony in the same matter like comey and clapper and clinton and others in a similar position. i'll be interested to see how that plays out. >> comey is the former director, james comey and clapper is the former director of national intelligence. the top spy, james clapper. so two hours into the breaking news this morning, the president weighed in on twitter writing it's the greatest witch hunt in the history of our country. no collusion. border coyotes, drug dealers and human traffickers are treated better. who alerted cnn to be there, the only camera crew there on the ground in florida? the special counsel has indicted, convicted or gotten guilty pleas from more than 30 people including insiders, paul

manafort, attorney michael cohen, former national security adviser michael flynn among others. it's important to note that none of these public cases allege coordination with the russian government and the trump campaign, trace. >> trace: that is important to note. catherine herridge live in d.c. thank you. team fox coverage continues now. phil keating reporting live outside the courthouse in ft. lauderdale. phil? >> trace, it was a roger stone spectacle here outside the federal courthouse downtown ft. lauderdale. roger stone, the long-time political adviser to president trump and friend emerged and look around and he loved it, raising his hands triumphantly. >> i will plead not guilty to these charges. i will defeat them in court. i believe this is a politically

motivated investigation. i'm troubled by the political motivations by the prosecutors. as i have said previously, there is no circumstance whatsoever under which i will bear false witness against the president, nor will i make up lies to ease the pressure on myself. i report to being fully and completely vindicated. >> also this morning fbi agents served search warrants at his broward county office as well as a new york city townhouse that is owned, co-owned by roger stone and his wife and a former new york madam. she also was once a travel a ranger for roger stone. it's believed they're looking into stone's communications with gucifer 2.0 which people believe are russian operatives. trace? >> phil keating live. thanks very much. breaking news we're waiting for. chuck schumer, the senate

minority leader and nancy pelosi to speak about the government reopening and the negotiations which could be very tense negotiations coming up over the next three weeks, also the white house press corps has been told to gather. trip i've been promising. because with expedia, i saved when i added a hotel to our flight. ♪ so even when she outgrows her costume, we'll never outgrow the memory of our adventure together. unlock savings when you add select hotels to your existing trip. only when you book with expedia.

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upper respiratory tract infection and headache may occur. tell your doctor about your medicines and if you're pregnant or planning to be. otezla. show more of you. >> trace: the breaking news continues and surprise surprise, the white house pool has been asked to gather in the white house meaning the reporters and the photographers for the white house. but we don't yet know why. we do know the president just spoke. he's agreed to reopen the government for three weeks and he wants to negotiate during that time for money for his border wall. whether he gets it or not is yet to be seen. on the flip side of the white house across from capitol hill, we expect to hear from nancy pelosi and chuck schumer. they will take to the microphones soon. when that happens, we'll have it live. the other big story of the day, roger stone. long-time adviser to the president, long-time friend to

president trump was indicted, arrested this morning in ft. lauderdale. he's now back out on bail. let's bring in katie. she's a defense attorney and former prosecutor that specializes in criminal law and presidential authority. the deal here is that roger stone, katie, has said hey, here's the deal. robert mueller thinks you had come connection to wikileaks. the question is now how deep was that connection to wikileaks. >> right. exactly. the indictment does show us a lot of the connections that roger stone had to wikileaks. the issue for him is not necessarily the connection itself but that he lied about it to congress and made false statements throughout the mueller investigation. it's not necessarily the connection that -- >> trace: we have to break. hold on. here's nancy pelosi and chuck schumer. >> the president has agreed to our request to open the government and then debate border security. which is great news for 800,000

federal workers and millions of americans who depend on government services. as democrats have said all along, the solution to this impasse with separate funding for the government and then go over our disagreements from border security. separate the funding of government from the discussion on border security. that's what we got. democrats, in the senate and in the house were united behind this position throughout the shut down and ultimately this agreement endorses our position. it reopens the government without preconditions, gives democrats and republicans an opportunity to discuss border security without holding hundreds of thousands of americans hostage. we expect the continuing resolution to clear the senate and clear the house this

afternoon and be signed by the president today. before i go on, both of us, we want to thank all the federal workers from the bottom of our hearts. they worked so selflessly this past month without pay showing up to do a job that they knew was important but for which they weren't fairly compensated. the workers showed up despite the callous indifference of the administration who treated them as hostages, who treated them as pawns, who belittled their financial strain. our dedicated public servants should have never have to go through this again. we will do everything we can to make sure that they won't have to. and this past month has proven just how vital government services are to the american people, whether it's our food safety, our airports, national parks, our economy, national security and so much else. the american people do not like

it when you throw a wrench into the lives of government workers over an unrelated political dispute. working people throughout america empathize with the federal workers and were aghast at what the president was doing to them. hopefully now the president has learned his lesson. now, once the president signs the continuing resolution, we in congress will roll up our sleeves and try to find some agreement on border security. we don't agree on some of the specifics of border security. democrats are against the wall. we agree on drug inspection technology, humanitarian aid, strength insecure at our ports of untry. we have so many areas that we can agree. but today the president will sign the bill to reopen the government along the outlines of what we have proposed and

hopefully it means a lesson learned for the white house and for many of our republican colleagues. shutting down the government over a policy difference is self-defeating. it accomplishes nothing but pain and suffering for the country and incurs an enormous political cost to the party shutting it down. we cannot, cannot ever hold american workers hostage again. speaker pelosi. >> thank you very much, mr. leader. thank you for your leadership. bringing to us this important resolution now. where shortly the senate will send over to the house a paper that i came over to see the original paper and look at it. probably in a half an hour are two resolutions, one to open up government for all of the agencies of government and one to proceed to conference on

homeland security bill. as soon as we reach an agreement so we can have a discussion on how to security our borders. it's very clear that we all understand the importance of securing our borders, and we have some very good ideas on how to do that. that will be part of the discussion as we go forward. house democrats look forward to working in a bipartisan, bicameral way to pass all of the bills to open government as we proceed into the conference of discussion. now i'm an appropriator. i was forged in that culture. i know that appropriators bicamerally and bipartisanly can come to a conclusion. again, sometimes it comes to the principals of the leaders of the house and senate to weigh-in. i think we will have a very productive time in a short period of time to come to some

conclusion. we're grateful, inspired by the courage and the determination of america's workers. they have shown in this crisis such strong character. but nonetheless, they have to pay the bills when they come due, whether it's a rent check or mortgage, credit card bills or car payment. the list goes on. some of them didn't even have gas money because they didn't have cash or any more line of credit card ability to put gas in the car to go to work. it's really hard for some in the administration to understand how people live paycheck to paycheck and how marginal some of their existences are, makes a difference in how they educate their children, put food on the table, again, how they pay their rent. so we thank them and are so glad that as the president said earlier, as soon as possible or

immediately -- i don't know which is faster, but quickest of the two, they will receive their back pay and pay that is due today. we're grateful to democrats on both sides of the capitol for their unity that was very, very important in these discussions. it's sad though that it's taken this long to come to an obvious conclusion. talked about missed bills and financial security being shaken. sometimes questioning -- putting in question the credit, how people's credit is viewed. that's particularly problematic for our veterans and many of whom are in their jobs with security clearances. a security clearance is affected if you're credit rating is diminished. we're grateful to our veterans that have found the uniform of our country to protect us and

move to the other side to keep our service. we thank you as well as other federal employees that are working so hard to meet the needs of the american people. we value their purpose, we appreciate their diligence in performing their jobs, whether it's as the leader said keeping us safe, in terms of civilian aviation, whether it's the fbi or other areas of public safety. but also just in so many ways, whether it's through safety and the rest. the list goes on. you're familiar with this. but we don't want in any way any shut down of government to diminish the respect that we have for the purpose of our public employees and the excellence of their service. disagreement in policy should never be a reason to shut down government. really shouldn't. especially for a period of time that has an impact on paychecks.

it's sad it's taken this long. i'm glad we have come to a conclusion today as to how we go forward in the next three weeks. again, i salute the democratic leader in the senate, the work a he has had -- in the house we passed -- ten times we passed a bill working with our leadership, mr. hoyer, ten times we brought bills to the floor to open up government. to open up government. the most recent one on the senate floor yesterday was so simple. $4 billion for disaster assistance and open up government for two weeks. republicans said no. i think the public weighed in. i quote lincoln all the time. public sentiment is everything. we thank the public for weighing in so strongly, for paying attention. i think that will be the success

of this conference. again, as an appropriator, i've been to many conferences when we used to have them. the conference that the public awareness is so increased and the public interest in it is so sharpened that it will see what the decisions are that we have to make and help weigh-in on those decisions. i thank you again. >> wait, wait. one at a time. one at a time, please. >> madam speaker, the president has wanted this wall funding for a long time. it wasn't until democrats won the house that he really went to the mat for it. how much of all of this you think is about the new power dynamic and his desire to show you who is really in charge? >> i don't get your question. the point is we have come to a way to go forward to debate the

best ways to protect our border. i don't see this as any power play. >> i'm referring to the past 36 days and the fact that he held out over wall funding. >> if you're saying that the president held out over wall funding to show who was in charge, i think that's quite a bad statement to make about any leader in our country. but what i do say is let's go forward, get this done. the leader mentioned lessons learned and hope that people know that we cannot hold our public employees hostage because we have a disagreement. 34 days. over a month having an impact on their lives. i don't want to make any characterizations of the president's motivation. you have to ask him. >> speaker pelosi, did the president underestimate you politically and can you assure the public there won't be another impasse in three weeks? >> i can't assure the public on

anything that the president will do. i do have to say i'm optimistic. i see every challenge or every crisis as an opportunity, an opportunity to do the right thing for the american people. at the same time, make people aware of the decisions that we have here and hopefully that will make everybody come together in a way that is unifying for our country. i can't characterize the president's evaluation of things. >> i do have to say one more thing in reference to that. i suggested to leader mcconnell that we use a conference committee format. that has democrats and republicans, house and senate, sitting at a table, has worked very successfully on homeland security and everything and all the other bills that haven't been signed over the last several years, even when the republicans were in charge. so i'm very optimistic that the conference committee can come to a good conclusion and we can

avoid another shutdown. >> [question inaudible] >> it's not planned now. i don't get that. what i said to the president is when the government is open, we will discuss a mutually agreeable date and i look forward to doing that and welcoming the president to the house of representatives for the state of the union when we agree on the that mutually agreeable date. >> this morning you were planning to announce a border security vision of democrats. what you want. what is the state of that proposal? also, can you accept any sort of physical barrier on the border security plan? >> the work of the conference committee will draw out everyone's view of what is the best way to protect our borders. our chair, our subcommittee on

homeland security is -- knows this issue very well. she is -- will go to the table with our best ideas on how to protect our border. the leader referenced some in terms of infrastructure that relates to our ports of entry. the president talked about drugs coming into our country. 90% of the drugs come through the ports of entry. come one way or another, they come through our ports of entry. let us increase the infrastructure where the drugs are coming in. let us increase as the leader said the technology to scan for that, for drugs, guns, other contraband. let us talk about some of the things in terms of humanitarian assistan assistance. we're not having a conference committee right now. we'll leave it up to our appropriators to come to that. some of the things that we were

going to discuss we think where we have evidence-based knowledge about how we best secure our borders. >> trace: there you have it. that's nancy pelosi, chuck schumer. they have agreed, look, they can get the government open as fast as possible as try to get the paychecks to people. nancy pelosi said that she does not think the state of the union will go forward tuesday because she has to talk to the president and set an agreeable date. for the wall funding, schumer and nancy pelosi seem to say we don't really want to send money for the wall. on the other side of washington, we had the white house pool was called in and president trump said again that he believes they can negotiate an agreement on wall funding sometimes in the next three weeks. if they don't do that, he will declare an emergency at the southern border and executive order will be used to get that funding likely from the military, which of course will be quickly enjoined by the

courts. let's bring in chad pergram on this. seems like everybody is on board to get the government back open today or as quickly as possible. but there's still a lot of resistance when it comes to this wall funding. >> right. absolutely. so i asked kevin mccarthy if he thought there would be objections. he said no. he thought would the president declare a national emergency, have soot standoff. she said i do. at the end of the day, i want to look at this piece of legislation. we don't have text yet. it opens all of the gift through mid february. you heard chuck schumer talking about a conference committee. this is where you have negotiators, democrats and republicans together to work out a separate deal on immigration policy, on border security, maybe dare we say a wall, something like that. that is what they're talking about.

that is a separate part of this agreement. >> trace: chad pergram, thanks. back to you. let's bring in our panel. amy is here, a republican strategist and former nevada state gop chair and rashad richie, senior political strategist for the democratic party in georgia. i guess, you know, the idea of this, rashad, is that you got this standoff. chad pergram saying look, they can go forward with this conference committee and try to work that deal out in the next three weeks. what are the odds you think of that happening? >> i think it will happen. here's why. president trump has the nuclear option. he can still do this without anybody's approval. we can say who won, who lost. the trust is, nobody wins in a government shut down. the winner today is 800,000 people. 800,000 folks that are now able

to feed their families, pay their bills and their mortgage. we're looking forward to that celebration and hopefully the failure of leadership in washington d.c. will not continue passed the 15th of next month. >> trace: amy, your thoughts on this? >> i actually agree with him as well. i did find it interested the different tones between speaker pelosi and cluck schumer. i felt that chuck was actually a bit confrontational and disingenuous and speaker pelosi was thoughtful and methodical in her choice of words and very classy. i hope that the democrats are going to follow-through with compromise and coming to the table. they have made the promise that that's what they're going to do. i'm not sure why they couldn't do it prior to this deal today. i'm hopeful. >> trace: rashad, are you as hopeful? the idea as you just heard chuck schumer said we're against a wall.

nancy pelosi said we're against a wall. she said $1 for the wall. now everybody is saying they're going to come to terms on this thing. i fail to see how in the next three weeks nancy pelosi and chuck schumer are going to give enough money where the president will say, okay, i'm happy with that, let's go forward. >> we have to step back and realize both side of this political debate have levels of hypocrisy. number 1, the democrats have voted for a wall. a barrier. we have 580 miles of wall today. also, the president changed his language from wall to barrier in his address to us today as well. those are times when republicans said things like comprehensive border security and democrats said hey, we need barriers. so right now, they have to reconcile that. i believe it was a tactical mistake of the speaker to say we're not going to negotiate until. you negotiate for the people given the circumstance.

it's still a good day and i'm hopeful. >> trace: amy, the idea the president just said, you know, we missed it. we were involved in the nancy pelosi chuck schumer conference there. the president said at the white house, look, here's the deal. this will go on three weeks and then we're not going to shut the government down again. he's going to declare an emergency and get the funding from somewhere, whether it be from the military or dhs. he's going to get that funding from somewhere. of course it will be enjoined by the courts. it will give him some time to start building the wall. >> you're absolutely correct. and with that being said, i think now that the american public has had enough time to see that both sides have been playing games. the president now unfortunately, many are saying on his side, that he caved or capitulated. but there are others that are saying hey, somebody had to step up and be the bigger person. so i believe that the president came out on top and looked like he was being the bigger person

in trying to make sure that we move forward and these 800,000 folks can get back to regular life and get their paychecks. >> trace: well, the truth is, you'll see a lot of headlines that said the president capitulated. yesterday he said no, i'm not going to reopen this government unless there's some money for a wall. today he said okay, let's reopen it. no money for the wall. so a lot of people, a lot of his base will say wait a minute. you gave in to the democrats. quickly. >> he did give in. he flinched. he took a hardcore position and went back and given the current narrative, he's been losing the public relations fight so much that you had republicans voting for the democratic version to reopen the government yesterday. so yeah, he flinched. >> trace: yeah, he apparently did but he's confident he will get funding or something or he will do an executive order. amy, rashad, thanks so much.

busy news. i'm trace gallagher in for shepard smith. we didn't have a chance to check the corner of wall and broad. we'll do that in the next few minutes. "your world" with neil cavuto starts right now. >> i'm very proud to announce today that we have reached a deal to end the shutdown and reopen the federal government. >> neil: 35 days in, the shutdown looks to be done. the senate and house expected to approve maybe as soon as later tonight a shut down that had been the longest in our nation's history. but it isn't all history. welcome, everybody. i'm neil cavuto. we're all over this fast-moving drama that hasn't technically ended yet. kevin cramer on what led to it. democratic congressman eric swalvo on if he plans to vote for it. bernie marcus on the financial fallout from it.