susteren on "for the record" at 8:00 p.m. eastern on msnbc. now i'm going to get out of here. >> i saw you on "morning joe" this morning. you're the hardest working woman on tv. i'm kate snow. here are our top stories at this hour. this afternoon president trump signing a new executive order. this one about financial regulations, scaling back the sweeping dodd/frank framework. we're going to go over what that means coming up. plus, a stern warning to iran. new sanctions and escalating tensions following that country's latest ballistic test and another set of warnings for russia and israel. back here in the u.s., president trump's controversial pick to lead the department of education, betsy devos, now facing one more hurdle on her road to confirmation. a vote on the senate floor with lawmakers split right down the middle. it could take an unprecedented move to push her nomination through. from the white house to iran, we've got all of it covered for you with our team of

reporters, experts standing by with some analysis ahead of the headlines. let's start out at the white house this afternoon. my colleague peter alexander is down there for us. peter, the big story today, those iran sanctions. what is the white house saying at this hour? >> reporter: you can say friend. we'll go friend and colleague for the sake of this conversation. here's the latest on the iran sanctions. within the last few minutes we've received a statement from the national security adviser, mike flynn. let's put that up on your screen. speaking specifically about these sanctions that will affect about 25 different individuals and entities associated with the revolutionary guard, the kuds force in iran. he wrote in part, the international community has been too tolerant of iran's bad behavior. the ritual of convening a united nations security council in an emergency meeting and issuing a strong statement is not enough. the trump administration, will no longer tolerate iran's provocations that threaten our interests. he goes on, the days of turning a blind eye to iran's hostile and ba lidge rant actions

towards the united states and the world community are over. a senior administration official a short time ago explained to us these are, in effect, initial steps in response to iran's, quote, provocative behavior. that batisllistic missile test week ago. also support of terrorist groups around the world, noting hezbollah, houthis in yemen. this is something different from the iran deal, something sean spicer was pressed on a short time ago. here's part of that conversation. >> during the campaign, candidate trump repeatedly said he would void the iranian nuclear deal. >> right. >> is he -- >> i think today's action speaks for itself in terms of the sanctions. he's made it very, very clear, david, that the deal that was struck was a bad deal, that we gave iran too much and we got too it is for it. and i think that he is going to continue to be tough on iran in a way that wasn't done in the last eight years. >> reporter: so, that was part of the conversation just a short time ago.

these sanctions specifically target individuals, largely suppliers of the ballistic missile program. none of those foreign terrorist groups we were talking about, the houthis and hezbollah in lebanon. >> my friend, peter alexander at the white house. thanks so much. let's get reaction to those new u.s. sanctions against iran in response to that country's ballistic missile test and also what the white house, as you heard, calls iran's continued support for terrorism. my colleague ali arouzi is on the ground in tehran. what's the response over there? >> reporter: well, kate, let me just put this perspective for you. it's a friday night here, a day off, and it's almost midnight. so, the iranians would usually never respond on a day off like this. but the foreign ministry felt it necessary to respond today and they issued a statement saying that they were going to impose restrictions and sanctions on certain american entities and individuals that they say are involved in sponsoring and

funding terrorist groups, which are the cause of the loss of many lives in this region. in the statement they also reiterated iran is not in violation of the nuclear deal or any u.n. resolutions. this is all an excuse from america to try and put pressure on iran. now, i spoke to an analyst earlier today. his take on this is he thought the united states is trying to push iran into making a knee-jerk reaction and pulling out of the nuclear deal. he said that will never happen. even the most hardened hard-liner in iran wouldn't push for pulling out of the deal because they d't want iran to get blamed for it. they want america to take the action, the hard-liners here who don't like the deeshlgs they want america to take the action so they get the blame. whatever it is, it's going to be a lot of tension between iran and america going forward. the iranians thought with the nuclear deal that they had this all wrapped up. tensions were lowered. they pushed the envelope with president obama. they didn't get much reaction. they probably tested the waters

here with president trump and they got a very, very tough reaction. now, the senior leadership in iran is probably sitting around, figuring out what their next move is going to be in this long, long chess game between iran and america that's been going on for almost 40 years. whatever it is, as i said, i think the tensions are going to spike. i think we're going to see a lot of reaction from tehran. tomorrow is the first day of the week. and they're going to be -- they're going to be very defensive here. because i think that's the position they feel that they need to take with president trump. it's also going to harm president rouhani's chances in election coming up in may here. he promised to come in on sorting out the nuclear deal, bringing security in iran and economic prosperity. all of that hangs in the balance today, which could pai tve the for a hard-liner to take the presidency in the may elections. if that does happen, that's certainly going to spike tensions with america more than we've seen over the last eight years -- four years in a rouhani

presidency. >> ali in iran tonight, thank you so much. it's been a banner week for foreign policy in the trump white house. to make sense of it all, i'm joined by jeremy bash, an nbc news national security analyst and former chief of staff at both the cia and the department of justice. peter crowley, former assistant secretary of state under president obama. he's now professor at george washington university,uthor of the book "red line: american foreign policy in a time of fractured politics and failing states." gentlemen, thank you for being here on a friday afternoon. >> kate. >> good to see you, kate. >> we have just a little bit to talk about today. >> p.j., let me start with you, these new iran sanctions. is this something you would have advocated for under your previous boss, president obama? would you have wanted this tough talk, tough line? >> those are two separate things. given the timing, these were probably actions on the shelf and available during the transition from obama to trump.

with the missile test, the white house could have said, you know, what do we have that's immediately available? and the sanctions you have here are available. now, the question here is with the very tough line that the white house has taken, you know, not only putting iran on notice, as the national security adviser said a couple days ago, and now suggesting that, you know, we've been coddling iran and we're going to draw a line right here. the real question is, do we have tools to match that rhetoric and potential actions by iran going forward. that's a much tougher challenge. >> jeremy, the missile test by iran, evidently not a violation, technically speaking, of the iran nuclear deal. but donald trump, president trump making it clear on twitter today that iran is, he said, playing with fire. he said he's going to be tougher than obama ever was. give us the best and worst case scenarios for how this plays out. >> look, i think the best case scenario from the perspective of u.s. interests is that iran realizes that america, along

with its allies and partners in the gulf, and if we can get our european allies on board, something we haven't done yet, but it's going to be necessary, if the international community can constrain iran, then it's possible that iran will stand down its missile program and will rein back some support in lebanon and aren't the region. i'm pretty pessimistic iran will have that reaction. we've come out of the box, as p.j. noted, not just the sanctions, which i think are necessary and warranted. they're proportionate. but a lot of tough task,esque laer to talk, including from the president through his twitter account, tweaking iran. i think a potential worst case scenario is that our naval vessels in the red sea and persian gulf could get into a scrape with iranian naval vessels or houthi vessels and we could have a miscalculation that could lead to war. >> p.j., the timing of all this, is it a coincidence it's the first two weeks of the trump administration and they run this

missile test? is that just a coincidence? >> i think there might have been some gamesmanship going on here. but we've already had this agreement to disagree going back well into the obama administration. you know, and you know, iran says it's not a violation. you know, we are somewhat -- you know, we think it might be a violation. so, there's an agreement to disagree. i certainly think that, you know, the political context that we just talked about is very, very important, that iran is going into its own election cycle. we've seen what that means in terms of turbulence, in terms of american policy. that same dynamic is going to happen in iran in the coming weeks. and i think the danger here is that the -- you know, as jeremy said, the onliesq only escalato

friction, and then rhetoric, and then the action/reaction die nam sxik we don't know where it leads. >> jeremy, you mentioned yemen. you and i have talked about this off line. yemen fits into this puzzle. most americans probably aren't paying a whole lot of attention what'sappening in yemen, although we know a navy s.e.a.l. was killed there in an operation over last weekend. how does that fit with what's happening with iran? >> everyone needs to watch this space because yemen is where i think the action is going to be iranians are backing a proxy force, the houthi, fighting regional forces who are standing up for the internationally recognized government in yemen. but it's basically a failed state and iran is trying to assert itself. now, with the raid that happened in yemen recently, it's clear the trump administration is looking to do more in yemen. with special operations forces and other missions. if we come up against the houthi, which is the iranian-backed force, again, that's a place we could see a crisis. and i think again, if war -- if a combat situation breaks out, it's going to be in yemen or in

the waters around yemen. >> p.j., looking more broadly at the end of this week, just in the last 24 hours we have sanctions against iran, a harsh statement about russia at the u.n. delivered by our new u.n. ambassador, nikki haley, the warning to israel last night about settlements there. some of those things actually sound a little bit like what president obama might have said about these situations. do you -- do you see a shift there in terms of the trump administration's stance on some of their foreign policy? >> well, i think the first week was about the agenda they brought into office, hence, walls and so forth. the second week you start to see where reality starts to set in. in the case of the israelis, settlement activity within the existing settlements that israel plans to keep, that's something the united states has been uncomfortable with but has tolerated. but the threat was going beyond those boundaries, new settlements, new places, and the

trump administration, i think, rightly had to draw a line and say, hey, don't go too far with this. i think what nikki haley said in the u.n. security council resolution sounds an awful lot like the obama administration. the real question is, is that the establishment talking and how does that affect, you know, donald trump and his budding relationship with vladimir putin? you know, hard to say at this point. yes, i think the second week is a little bit about, you know, greater reality and a slight bit of greater continuity, although the trump administration has left himself some room to maneuver here going forward. >> jeremy bash, former chief of staff at the cia and the department of defense, also p.j. crowley, former u.s. assistant secretary of state, thank you to you both. happy friday. >> thanks, kate. >> thanks. up next, conservative christian groups applauding the president's pledge to do away with the johnson amendment. what is the johnson amendment and why does it keep churches from getting involved in politics? we'll talk about that up next. furs, a quickrogramming

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in all the flurry of activity over the past 48 hours, there was a pledge president trump made yesterday morning at the national prayer breakfast we wanted to spend a minute on. the president says he wants to promote religious liberty by repealing what's called the johnson amendment. that's a provision in the u.s. tax code that bars religious organizations from endorsing political. here's what the president said. >> i will get rid of and totally destroy the johnson amendment and allow our representatives of faith to speak freely and

without fear of retribution. i will do that. remember. >> that pledge if followed through on would fulfill a major campaign promise to religious conservatives but one my next guest says what erase one of the brightest lines between religions and politics. the writer, jeremy peters, msnbc contributor and reporter for "the new york times" joins me now. jeremy, let's talk about, where did this come from, the johnson amendment, for those folks that might not be familiar with it? it was introduced in 1954. by then-senator lyndon johnson. it bars churches and charitable groups from participating in political kaemz campaigns which means they can't collect political contributions or endorse. i'm sorry, i'm just talking. i thought we had a graphic. what's the motivation for eliminating that amendment? >> the motivation for eliminating it, kate, is that

churches, especially evangelical church, feel this handcuffs them from exercising the political clout they otherwise would be able to. this is a big ask of the religious right. they have -- especially in the last few years, really prioritized this as something they wanted. and when trump was trying to nullify conservatives over the course of his campaign, he asked them, what do you want? this is one of the items on their checklist. so, by going out there and saying, in a very unequivocal trumpian way, he's going to totally destroy this, he made social conservatives very happy. >> is it easy to totally destroy this? how would he do that? >> it's not easy. in fact, it's going to be very hard to get through congress. i mean, that's not to say there won't be a fair bit of debate over this, but there are republicans who are going to

oppose this as well. this is -- this is not a slam dunk. by eliminating the johnson amendment, you not just allow churches to get involved in elections, but you also open the door to all sorts of other tax-exempt groups. then there's a question of the donations to those tax-exempt groups and churches and how political donations may end up just being something you can write off on your taxes. it's -- it's a pandora's box. >> we'll have -- we'll see if that becomes one of the top priorities or not. this is a week where i feel like we've h so many different policy issues coming at us, out of the white house. so many different actions just in the past 48 hours, the new sanctions on iran, the warning to israel, the call with the australian prime minister, which we've had a lot of blowback over in the last 48 hours. give me a friday afternoon assessment of where we're at in week two. >> right. well, you left off the supreme court. remember, he nominated somebody. >> oh, yeah, the supreme court

nomination. that was big. >> it's a blur. i mean, that is the problem with covering this white house. is the news is coming out of -- it's not even a fire hose. i don't know how to describe it. it's such a constant whir of news thaw can't get your head around it. that's benefitted donald trump in a lot of ways because he kind of just bounces from one crisis to the next. and not really allowing them to absorb in americans' minds. but i think he's also benefitted tremendously from the supreme court rollout. that was the big one this week. he did it in a way that looked very professional and it kind of took people's minds for the time being off all the chaos around the travel ban. he had some help doing this. i mean, this is an effort that has been coordinated and now being led by a group of about three dozen right-wing organizations. everybody from the anti-abortion

groups to the nra and the koch brothers. there's a lot going on behind the scenes. and i think going into next week, you have to look more to immigration, right? what is he going to do on people who are in this country illegally? not people who might try to enter the country and do harm to us, but what about the undocumented immigrants he has pledged to get rid of? i think that's something i'm hearing is going to be next. >> oh, that might be next week. is that a scoop for us? watch that. >> we'll see. >> jeremy peters, i hope you get at least one day off this weekend or a little time to relax. thanks so much. good to see you. >> thank you, kate. coming up, thwarted attack. a french soldier shot a machete-wielding man trying to enter the louver museum. we'll go live to paris for an update just ahead.

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just in this hour, we're getting new information about the plan french police say attacked so will ders newer the louver in paris. they say the man lunged at four soldiers armed with an machete after they stopped him entering a shopping area near the museum. president trump reacted to the incident, tweeting, a new radical islamic terrorist has just attacked in the louver museum in paris. tourists were locked down. france on edge again. get smart, u.s. msnbc's matt bradley joins me now live from paris. what do we know? i know they just had a briefing. we've learned more about the attacker, matt? >> reporter: that's right, kate. they have some new details emerging about the identity of this attacker. french prosecutors say it was a 29-year-old egyptian man who arrived in paris just last week after he had spent a couple months in dubai, where he was applying for a visa to get into the area where he's allowed to move around europe. these new details show this man actually was wearing a t-shirt

with a skull and crossbones on it. he was carrying machetes, not one, but two, one in each hand. he attacked this group of passing soldiers. these aren't police officers. these are soldiers. that just goes to show the level of anxiety that's gone on in paris and throughout france. so he came after these four so will soldiers after he was refused entry to a high-end shopping mall. it lies underneath this entire complex that makes up the louver museum. one of the most famous museums, most visited museums in the entire world. of course, the home of the mona lisa. these for soldiers tried to subdue this 29-year-old egyptian national and failed. the man was able to use his machete to hack one of the soldiers in the head. he survived and was only lightly wounded. the soldiers were able to get off five rounds. downing this man and really seriously injuring him. he also survived and he's now in the hospital. but, kate, this is really bad news for paris. this is city and a country

that owes a lot to tourism. as you can see, of course, there are soldiers deployed throughout this city. there are now soldiers, even more, deployed. we've seen them walking around all night just trying to maintain a sense of calm and security around this whole area, which normally is flooded with tourists. now, french president hollande spoke to this country a couple hours ago. he heaped praise on what they call operational sentinel, which saw 7,000 soldiers deployed throughout the country. again, these are soldiers that are actually deployed to police the area within france. that's because this country has been stung by terrorism so many times in just the past couple of years. kate? >> matt, i'm looking at your shot. i have pictures of my kids standing in that exact location in front of the pyramid there. i was there, what, a year and three months ago when the attacks happened in paris. and i remember the resilient of the city and wanting to get back to business.

what's the sense there on a friday evening? are people moving on or worried this impacts tourism and everything else? >> reporter: well, of course, this is sort of a typical friday evening. the fact is, kate, this wasn't that serious of an attack. no one was actually killed. but anxiety is really so high here that french police and french officials really want to get to the bottom of this. so, there are some concerns, of course, about tourism, but really we've seeven some rapid action by french security officials. just this morning we saw some footage coming out of a raid on an apartment that's thought to belong to this egyptian national here in paris. he didn't have it for long. still, authorities managed to find it and enter it. kate? >> matt bradley over in paris. thanks so much. up next, confirmation in jeopardy with the senate voting today to advance betsy devos' nomination as education secretary. she's inching closer to a final confirmation vote next week. but with two key republicans vowing not to support her. it may come down to an

unprecedented tiebreaking vote from the vice president, my pence. rehema ellis joins us after the break with a look at devos' effect on education in michigan.

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top stories we're following this hour. the state department now says fewer than 60,000 visas were revoked this week under president trump's immigration order. the justice department had originally claimed 100,000 visas were revoked. next can drug lord guzman pleaded not guilty to a drug trafficking up to $14 billion, murder and kidnapping. he is in solitary confinement for 23 hours a day in high-security jail in new york after u.s. prosecutors agreed to not seek the death penalty.

you will not be seeing ivanka trump's fashion line at nordstrom this upcoming season, citing the brand's lagging sales for the cut, denying it was a result of consumer boycott campaigns. this morning betsy devos cleared another hurdle in becoming the country's next education secretary with the senate voting to advance devos to a final confirmation vote expected next week. the billionaire has come under fire for her fierce support of charter schools and set off a firestorm when, among other things, she cited grizzly bears as a reason why some schools might need guns. >> in wyoming, i think probably there -- i would imagine that there's probably a gun in the school to protect from potential grizzlies. >> and rehema ellis joins us now. let me correct something i said about el chapo guzman. he pleaded not guilty, that was my mistake, not guilty in court.

rehema, betsy devos a lot of attention over this nomination. more so than people expected. >> more so than anyone ever anticipated. we decided to go to michigan, betsy devos' home state, where she is has been a fierce supporter charter schools and vouchers, to find out what people think about her there. those who are critics say her record there is proof she's unfit to lead all of the nation's schools, but people who are favor -- in favor of school choice call her a fierce champion. >> reporter: in public schools sierra cooper's grades were on edge. then she got into a charter school. >> i'm passing classes with as and bs. there barely got as. bs, cs and ds. >> reporter: her mother says hope academy says it gives her hope. >> i should take the money given to public school to a charter school just because the education, you want the best for

your child. >> reporter: as michigan students rank among the lowest in country on standardized test scores, the state opened the door to charter schools as an alternative more than 20 years ago. >> it was born out of a need. charter schools are not a bad thing. it's a school of choice. >> reporter: today in detroit, 46% of students attend charters. nearly 80% of michigan's charters are run by for-profit companies. some get high marks, but overall, charters get no better results than public schools and are largely unregulated. in michigan, betsy devos, the nominee for secretary of education, has been a driving force behind the growth of public charter schools and tax-funded voucher programs. >> for nearly three decades i've been involved in education as a volunteer, advocate for children and a voice for parents. >> reporter: but the billionaire activist has ignited controversy. she has no professional experience in public schools. never attended public school,

never sent her four children to one. in 2016, she referred to public education as a closed market. it's a monopoly, it's a dead end. paul teaches english in the detroit suburbs. >> she has no interest in public education. she has only an interest in dismantling it so she can hand it over to charters and companies. >> reporter: and the latest concern, "the washington post" reported, answers devos provided to senators seem koerngsd almost word for word from an obama administration official's old press release, writing, every child deserves to attend school in a safe, supportive environment where they can learn, thrive and grow. the trump administration calls it character assassination. back in detroit, sierra is just glad she got into a charter school. why do you think you're trying harder here than you were in the public school? >> because of the surroundings. the kids that i'm in the class with here are always working.

like, we all work. >> reporter: getting all schools to work is the biggest challenge facing america's education system. the question is, how to do it? and should betsy devos lead the charge? >> bet is he devos has moved a step closer to full confirmation from the senate. those critics of hers, some of themold me this morning that they are not letting up the pressure, that they' sending continue -- continuing to send e-mails and messages and phone calls to senators to say, stop this vote. >> our colleague, frank thorpe, our producer on the hill, said the switchboard is flooded with calls because so many organizations are telling people, call your congressman, call your senator. >> one of the things it's important, it's not just teachers. it's parents, it's business leaders. this is what i'm hearing, there's a variety of people from all sectors of the society who are saying they want this to stop. they don't see betsy devos as having an interest in all of the children. she seems to be interested in taking those into charter

schools. >> it will be an interesting week. tuesday they think the vote is? >> that's right. >> we'll see because the votes have been slipping every day. rehema, thanks much. up next, we'll bring you a full report on president trump's new executive order today that sets the framework for rolling back financial regulations. stay with us. here? (becky) i've seen such a change in einstein since he started eating beneful. the number one ingredient in it is beef. (einstein) the beef is fantastic! (becky) he's a very active dog. he never stops moving.

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enough with that! (echo) with quicksilver from capital one you've always earned unlimited 1.5% cash back on every purchase, everywre. welcome to unlimited. what's in your wallet? as we've been reporting this afternoon, earlier today president trump signed an executive order that sets the framework to start rolling back the dodd/frank wall street reform act. dodd/frank was, of course, passed in 2010 in response to the financial crisis. for more, i want to bring in my colleague, ali velshi, who's been following all this for us today. help us break this down. what's in the executive order we're talking about. dodd/frank, we vaguely, most of us remember what that was. >> it's worth reminding everybody. before we had obamacare, this was the thing we all thought about. it was named after chris dodd,

senator, and barney frank, representative. it was law put in place in 2010. there were a lot of different laws made into one bill and passed. basically because americans were a little surprised in 2008 and 2009 at how little regulation or how not up to date the regulation of the financial industry was. if you remember, aig was trading in credit default swaps, which none of us had heard about. this was designed to create oversight in the financial world. critics say it went too far. it imposed costs and prohibitions on companies that sort of prevented them from investing, from hiring more people, from making money, from expanding. others said, if you don't govern the financial industry, look what it did to us. it got us into the financial crisis. left ungoverned, is the risk they will take. it's a bit like obamacare. those who say it's fantastic, don't touch it, and those who say the entire thing should be scrapped. i think the truth is probably that it may have swung too far

on one end and needed some adjustment, but now what we're going to see is see it probably swing too far the other way. >> the executive order that trump signs today means what? >> meaningless. nothing. he could have called the guy he appointed treasury secretary, steve mnuchin and said, can you call all the agencies and get work on this? all republicans want a roll-back regulation. let's go through what we can roll back and if there's anything in here useful. these executive orders are becoming a bit of a dog and pony matter. dodd and frank can only be repealed by congress. if donald trump wants to do this, he needs to do it through his executive branch or through congress or both. there is absolutely no need for an executive order. it actually achieves nothing. >> you were talking about the consumer -- what's -- >> consumer financial protection bureau. hard name, tough name but really important. it was invented by elizabeth warren. she thought this all out to protect consumers.

she went to be the head of, this if you recall, and all of the republican senators, every last one, stooped her from doing so. so a guy named richard cordier is the head. warren got the payback is now a senator and now she's in all the meetings. this one had no -- it didn't make sense when they fought it the first time and it doesn't make sense now. i think most consumers will say and realize that left to their own devices, financial services companies can be a little dangerous. we'd like a federal government entity with teeth able to protect us. so, the idea they're moving as one of their first things to dismantle this is puzzling, but, again, they said they wanted to. they said so in the last elections. and they're going to. >> that is what the trump administration is doing. >> delivering on their promises. >> ali velshi, anticipahappy fr iant bring in congressman lee zeldin from new york. among your many roles, because

you're on several different contest, you're also involved with house finance. i wanted to ask you about this executive order we've just been talking about, this framework to roll back dodd/frank. i don't want to assume as a republican that you're in favor of this. what's your position? >> there were a couple executive orders signed on this. the one you were just discussing, outlining some principles guiding the entire process going forward was one. a delay of the implementation of the fiduciary rule was the other one. with regards to dodd/frank, big banks have gotten bigger. we're losing about one of these small community banks around our country per day. because of a lot of compliance costs and other implementation of dodd/frank. what happens, as a result of dodd/frank, and when you have a bad actor that is -- understands if they're too big to fail, that they're going to be bailed out by the taxpayer, the bad actor

continues to make bad decisions that can backfire at some point in the future. from that standpoint, it is very important. the fiduciary rule, i've heard from financial planners in my own district -- >> back up. i don't know if everybody understands what that is. this is a rule that was supposed to go into effect that would say people with financial planners or advisers, those advisers have to look out for their compliant, first and foremost, do i have that right? >> right. it's very well-intentioned. it was passed pretty quickly, so some of the impacts of the rule -- now, the executive order that was signed today isn't one to get rid of the fiduciary rule. just one to delay the implementation, to look it over and see if there's a better way to -- if there's a better way to put something like this into effect. but a lot of people go to smaller financial planners. they can't handle the compliance costs and other impacts that they'll be seeing as a result of

the fiduciary rule. they've been asking for the federal government to just hit the pause button, take a closer look at it and see if there's a better policy going forward. >> so, you're saying it puts a burden on some of the smaller guys, even though it's supposed to -- it sounds so obvious, that they should look out for their clients, but you're saying it's more complicated? >> well, you know, also impact on commission schedules. some of the ways these small -- smaller size financial planners even exist, some of -- some of the services that they may provide, especially to the people who are struggling to make ends meet. i've met people who, you know, in order to invest in their firm, have you to put $3 million, let's say, of capital. a lot of my district doesn't have that kind of money. but they want to be able to save for retirement. saving for retirement might end up meeting having $50,000,

$200,000 away over the course of many years. the smaller financial mraernz i see in my local chamber of commerce, because to the change of commission schedules and compliance costs and certain products not being available, you're seeing financial planners deeply worried they won't be able to stay in business and offer the same services to those consumers. >> let me switch subjects. you're also the co-chair of the house republican israel caucus. white house issuing a statement, as you know, about israeli settlements in the west bank. it read in part, last night, the american desire for peace between israelis and palestinians has remained unchanged for 50 years. while we don't believe the existence of settlements is an impediment to peace, the construction of new settlements or the expansion of existing settlements beyond their current borders may not be helpful in achieving that goal. the white house says they haven't taken a formal position, but a lot of people read that as a shift -- a shift away from what president trump had been saying for the past several months about settlements. how did you read that?

>> we'll see how this goes out and what the plan is for the prime minister coming to visit. there are a few different dynamics here at play. one is, talk about moving the u.s. embassy from tel aviv to jerusalem. the president spoke with king abdul of jordan. i met with the king as well. the impacts there with regard to the financing of the -- the mrinz financially reward who kill innocent israelis and in some cas americans, like taylor force who was a u.s. service member. we have the u.n. security council resolution from a couple months back. that statement that was made. that's a lot more than what came out of the white house last night. the resolution two months ago was basically saying it was an illegal occupation. >> the u.n. resolution. >> yeah. and the president, obviously, he didn't say that, but i would say with so many moving parts, i

would really have to sit down with the president or someone on his team to get a better lay of the land as far as what the next step or two is going to look like to see why he put out that statement. >> congressman lee zeldin ofzel republican, appreciate you being with us. thank you so much. >> thank you. >> have a good weekend. super bowl showdown. the atlanta falcons, new england patriots, lady gaga, all of them in houston. all gearing up for america's biggest sporting event. we're going to go there live for a preview. everything you need to know if you haven't been paying attention. everything you need to know for the big game. and the spectacular halftime show. coming up. ♪ audi pilotless vehicles have conquered highways, mountains, and racetracks. and now much of that same advanced technology is found in the audi a4. with one notable difference... ♪ the highly advanced audi a4, with available traffic jam assist.

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hey it's friday. and we are 48 hours away from what, one of the biggest sport, eventing of the year, super bowl li, tom brady, new england patriots squaring off with matt ryan and the falcons down in houston, texas. and this year lady gaga is set to perform at the super bowl halftime show.

for more i want to bring in my colleague jacob rascon, he's got the great assignment of being in the big game in houston, texas. jacob, for those who haven't, i'm not saying i haven't been following, but in case we vet been. what do you expect on sunday? jacob, can you hear kate? >> uh-oh, i think we have a lost connection. here's what we're going to do. we're going to try to get jacob back and we'll talk about the super bowl right after a quick break. ican express open cards cn help you take on a new job, or fill a big order or expand your office and take on whatever comes next. find out how american express cards and services can help prepare you for growth at open.com.

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>> reporter: little break from politics, we're expecting 140,000 people to come to houston an additional 110 million people watching this game. let's go over and meet some of those who have come. these are the jarvis sisters from massachusetts, obviously you've come to support the patriots. why have you come to far? >> we are die hard patriots fans. we were born big patriots fans. we're all from hingeam massachusetts. >> drive for five. >> let's go. >> that's good enough. we'll move over here to the 48th wedding anniversary. here to support the falcons, why are they going to win? >> oh, matt ryan is doing great. >> too much jewely in boston. >> reporter: there we go. take from both people. >> married 48 years, started watching football together when namath won in miami in 1969.

>> reporter: i remember that, i was there. no, just kidding. thank you for your time to both of them. so we have president george h.w. bush -- people are yelling from all sides, going to do the coin toss with his wife, first lady barbara bush. we have lady gaga who is doing the halftime show. much anticipated, of course, what will she say? will she say anything about politics? and i want to end over here. this is the biggest line we've seen so far a lot of houston texans fans if you could imagine. and we'll leave it right there. kate. >> jacob, thank you so much. it's going to great game. apparently there was like a 20 second delay. sorry about that folks, that's going to wrap up this hour and this week for me. i'll see you on sunday night, nbc nightly news, that's at 6:30 on your nbc station. then right back here on msnbc on monday afternoon, 3:00 eastern, noon pacific. find me on tse places too. instagram, up next, steve

kornacki, new england patriot fan, i believe and probably as a whole plan for sunday. >> i just got to say, kate, you have drawn the single toughest time slot in television history. sunday night at 6:30. you're going up against the super bowl. >> i know. i'll tell you what, dvr nightly news, watch us back later, that's fine. i don't mind. >> best of both worlds. good luck on sunday. most of the game after that. could be a big night for new england. good afternoon, everybody, steve kornacki here in new york. day 15, donald trump's first 1 4urks days. topping our agenda right now. raising the stakes on iran. >> today's sanctions really represent a very, very strong stand against the actions that iran has been taking. >> trump says iran isn't behaving. now, he's imposing new sanctions. also dismantling the obama legacy. >> today we're