>> raising the interest rate torates too fast, but that is my opinion. i have confidence and it will straighten straighten. >> the death of an 8-year-old boy is forcing the government to change the way they deal with these cases. it is the second death of a child in cases. we are into the 108 hours of the government shutdown to be exact, and no sign it will reopen today. today is the first regular business day to bim pacted by the shutdown. and 800,000 workers are affected. half are staying home and half are working without knowing when they will be paid. i have a great team to help me to break it down. first, i want to dig into the prospects of ending this fight and if president's demands for billions of dollars to fund a wall on the border, even though the senate is back tomorrow, and the white house has said that the standoff will likely stretch

into next week when the democ t democrats take control of the house. we bring in garrett haake on the steps of the white house, and we have been talking about thef ri day with little to show for it. give us a sense of where the negotiations are standing at this hour if at all they are taking place. >> yeah, i wish i could bring more good news, but right now, the progress of are reopening the government is in a slim to none category. the last major move happened saturday when the vice president came here no the capital and made chuck schumer an offer somewhat lower than the $500 billion number that the president had asked for, but not apparently to schumer's liking, and he declined. behind the scenes, some staff-level negotiations going on and conversations, but all of the major principles here are a long way apart from coming to the deal. it is at least a day or two given that congress will get 24 hours' notice to get back here

to vote on something if a deal is struck, and listening to president yesterday in the oval office, it is sounding like he is digginging in. this is how the president described what is happening next. >> i can't tell you when the government is going to be open, but i will tell you say it is not going to be open until we have a wall, a fence, whatever they want to call it. i will call it whatever they want. and very high, and 30 feet, and much of it is 30 feet, and some lower, but some areas it is 30 feet which is like a three-story building. >> if you want to feel optimistic, this is what you can pull out of what the president said, a wall or a fence or whatever you want to call it. the democrats say they won't support a wall, but with what could be called fencing to improve border security. and so you saw nancy pelosi with

who is alluding to this a little bit. first of all the fact that we will build a wall with cement and mexico is going to pay for it, and he has backed off of the cement and now he is down to the beaded curtain or something. and a little light trolling from tin coming speaker of the house, but her point is legitimate here. if the president is walking back from demand nag this whole thing be a 30-foot-high wall coast to coast, some feel they can negotiate him down further if and when those good faith negotiations among the princi e principles arprinciple right now it is not. >> and whether it is a wall or not, it is about the billions of dollars that the president is requesting. stick with me, garrett, because i want to bring in the panel. rick tyler is cofounder of strategy and felipe as well who

is a former member of the obama administration. so, what is it with the terminology that the president is using or more about the money that he is request iing for the issue of the wall to get the democrats to meet him halfway at some point? is it just changing the words for border security and not a wall or the quantity that he is asking for? >> sometimes it is that, aymon, but it is like asking for a force field. maybe that is what they should call it. because a wall is just ineffective where he wants to build the wall. it is not making sense to build the wall. and it is like delivering your christmas packages by pony express. walls made sense in the middle ages, but this is not going to stop illegal immigration or drug trafficking. >> yeah, and he made that point, so it is a perfect segue to the sound bite i want to play for you, felipe, because the president is making an argument

for these walls of what they will stop. >> so you have human trafficking and drugs and illegal people coming into the country and the caravan and 618 people were very bad in some cases criminals wanted for very bad -- and you saw the one man who was wanted for murder. i don't want them in the country. the only way to do it is to have a physical barrier, and meaning a wall. if you don't have that, then, we are just not opening. >> and so the point here is, felipe, the democrats and na si pelosi is saying that, look, we don't know what the president want, and he has fluctuated between using the terminology wall and saying barrier and as nancy pelosi was trolling him, maybe a beaded curtain, so has he left himself any wiggle room to negotiate here? >> no. you can call donald trump a lot of thing, but nuanced is not.

i have tried to block out 2016 as much as possible, but what they were chanting is "be build the wall, build the wall" and he can replace it with any type of noun or nancy p elosi's beaded curta curtain, and this is a bait and switch to his base. and so with the speaker to be pelosi and chuck schumer, he lost. part of the reason why you don't see a tremendous amount of fre net schism on the hill is because both the democrats and the republicans know full well that donald trump lost this fight before it started and they are waiting for him to capitulate. >> and the throwback to 2016, he said that mexico would pay for the biwall, and that has not materialized either. >> and something about lock her up. >> and the president over the weekend and the holiday iing saying that he gave out a contract to build 150 miles of

new walls, but quite honestly, nobody knows what he is talking about to be fair, and in fact, even the associated press has pointed out that the president does not have the power to award construction contracts, and it has to come from the border patrol or the army corps of engineers and help us to decipher this. what in the world is the president talking about when he said that we gave out a 115-mile contract for a wall? >> well, this is going to surprise you, eamon, but he made it up. literally. 115 miles, and there is no mechanism for the president to award contract, and secondly, to build a wall, the surveying and the design prospects and the imminent domain which used to be a conservative issue is going to tie up the wall that it is planning for months and years if at all, and the fact that the president will announce over the two-day holiday that they have awarded contract to build a wall is just nonsensical. he made it up.

same way that he made up the idea that the saudi arabians were going to the build up syria, and he made that up. >> and we are still trying to get confirmation on that. and now, part of the problem with the negotiations with this president is that different people in the white house are actually telling them different things about what the president will or will not support. how do they not box themselves in? how do they negotiate under these circumstances when they don't know what the other side specifically wants? >> it is not limited to white house staff and cabinet members, because donald trump himself says different things at different times. i don't see it boxed n but it is simple for the democratic party which is that when you get your story straight, you let us know. the story is that you want a wall with and xsh-billion for i

and your party is not going give it to you, and so the government is shutdown and if he is going to lie for 115 miles, call it 2300 and call it a day and open the government. >> he can say these thing, and the base eats it up. >> and this is why he says it. >> and to that point, rick, i wanted to ask you about that, is that a willing way and can he lie through it? we are going to be building the wall and i have awarded a contract for 115 miles, and the base and the media will eat it up and let him off of the hook for saying lies? >> well, that is what i am wondering, is how long does the republican party going to put up with a president who claims to be conservative who would lie about a wall. the conservative used to be a pro immigration used to be a conservative issue and imminent domain was a conservative issue, but it is remarkable that he is going to continue to tell falsehoods about it, and the base will continue to believe it.

the proof is in the pudding, and he tells so many lies that he said that we caught ten terrorists trying to cross the border. i don't recall the terrorist names or organizations or plot, and he just made it up and we for got about it and move on. and so he believes that by saying these things, the news cycle will absorb all of the lies and the people won't remember, but that is why we keep going back to reminding the viewers this is what the president said, and these are the promises of what he promised to deliver on, and this is what he is failing to deliver on. >> yes, i remember the news organizations fact checking that about the ten terrorists arrest arrest arrested, and they did not get names from the white house or the law enforcement. they said it is an average. >> and the border is not where most of the illegal immigrants come from is visa is overstays and the number one offender is canada and then mexico.

so you know it is all political and made up, and it is a made up crisis, and it is not a crisis. >>ing right. >> and the president has created it into one. >> thank you, both. and the volatile stock market and why some say that the president is plunging the country into chaos. we will discuss that whirlwind week with some of our insiders. stay with us. ders. stay with us. prevagen has been shown in clinical trials to improve short-term memory. prevagen. healthier brain. better life.

we are watching stunning scenes of a cold war flashbacks this afternoon. reuters is reporting that are russia president vladimir putin has successfully completed a test of the high per sonic nuclear weapon, and they are going to deploy it as early as next year. that is the video from the russian government showing the officials test firing the nuclear weapon today, and this is coming as the u.s. is preparing to pull out of the nuclear russians deal with russia. and lucy kafanov is joining us now. is this a consequence of the u.s. ending the inf treaty with russia? >> well, it is with one factor, but the russians have been trying to develop hypersonic weapons for a while now. and folks at the pentagon are concerned, but skeptical about

the ability the do so. the significance is that the u.s. does not have currently defense weapons to protect against it. there was a u.s. governmental accounting report issued to warn against this from china and russ russia. but i would take the news today with a giant grain of salt. in march, we remember that putin had a apress conference unveilig these missiles, and it is called the avanguard missile. it is supposed to be nuclear capable and travel twice the speed of sound, and it is supposedly launched in a few mountain, and reportedly hitting an area 4,000 miles away. and the russian intelligence showed footage of something being launched a and the screen of putin there watching the test from the defense ministry control room in moscow, and the are russian president said that it is a complete success, and

the new system will be deployed in russia next year, and he says, i quote, it is a big moment in the life of the armed forces, and the life of the country, but again, it is just not something that we can verify. what we can say with certainty is that this is an escalations of tensions by russia. and the russians have been acting out in a variety of regions to test the nato alliance and the american response and the recent crisis in ukraine and the kurd strait is a perfect example of this. we don't know for certainly what the russians launched today, but we know that the russian leader will be looking very close at how the trump administration response s responses to this. >> and that is corresponding with what jim mat tis satis sais

res egg nation that russia is an adversary and not an ally. >> and now, the christmas eve grievances formed monday formed a yellow cloud of relative gloom. this marks off another chaotic week with shake-ups and abrupt policy changes, including trump's decision to withdraw the troops from is seyria and afghanistan and that prompted the outgoing defense secretary jim mattis to resign, and also with the u.s. demand for wall funding, and the wild ride on wall street. and today, the top executive said that jay powell, the head of the federal reserve is safe in his job despite fears of trump firing him. and joining us now we will talk about this with our msnbc contributors, and good to have both of you with us. and now, so the president is now shifting the attention from the partial government shutdown to other targets in the extraordinary christmas rant on christmas eve.

i will run through some of them if i can, and the outgoing special envoy to bob mcguirk, and then moving on the nuclear deal, and then moved to the the fed, and of course, took a shot at the media, and then claimed that saudi arabia has agreed to rebuild syria, and a claim that nobody can verify, and so, help us to understand what the president is doing, amisch? >> well, he is sitting in the white house and frustrated with what he cannot do. he wants to tell the supporters and the conservative media voices that he was, and that he did not cave in, and that he got money from the wall, but unfortunately the negotiating power is dwindling, because the democrats are going to be taking over the house in january and the idea that he is going to be in a worse negotiating position is getting to him. and the idea that he feels that as though he is watching fox

news, and watching cable news, and he is really, i guess going on the twitter meltdowns and these rants, and letting everybody know that he is frustrated with the people around him, and there is reporting that he is feeling paranoid and he does not trust the people in the white house, and he is being watched by his own staff which is adding to the president's frustrations. >> yeah, and to that point, jeffrey, your colleagues at the "times" is saying that president trump is to be multiplying the investigations that are taking down his lawyer, and campaign chairman and family foundation, and rails against the enemies that were once friends and nursing a deep sense of betrayal and grievances as they turn on him, and always impulsive the president does not feel that he needs advisers according to the people close to him. with that in mound as yamiche is just outlining, how is this

going to play out, because it seems that it is going to be worse from here? >> yes, eamon, and that is what we are hear ing from the people close to the the president right now. right now, he has a situation where the republicans control all branches of government in washington, and that is going to change dramatically after the first of the year after the democrats take control of the house, and have subpoena power, and they are going to be able to not just investigate this administration and the activities of the trump campaign more aggressively, but they will be able to get under his skin a lot more and that is what has the people around the president worried, because there is a detachment from reality that he is existing and impetuous and impulsive and lashing out at people he perceives to be conspiringing against him, but the fear reaches a whole other level when you are suddenly having ani em ppowered democrat majority in the house of representatives.

at the same time, you have these potential political crises on the horizon, and you also have this economic problem, and this major problem with with the stock market, the economy which you allowed to before and this is key, because of all of the things that trump believes that he has accomplish and able to brag about, and he obviously does not have the wall or the immigration in check, and he can't do that, but he did have this very strong stock market and strong economy and both of which now are slowing considerably, and that is why last week, you had him ranting and raging in private about jerome powell, the chairman of the fed, and he was looking for ways to fire the fed chairman, because he said that, according to what i have been told, that the fed chair is wrecking my quote, unquote economy, and so with that, he doesn't have much else to point to as major successes at this point. >> and so, yamiche, we are

always talking about the forever trumpers with mark meadows and others, but are there others out there contemplating withdrawing the support for trump as the investigation investigations are continuing to mount into the organizations and the close associates and is he losing some of the political backing from both the senate and the house? >> the big question has been whether or not republicans in the house and the senate would at all push back on the president and say, look, what they tell the reporters in private is that the wall doesn't make much sense, but we have to make sure that we keep with the president's support, because we share his voters. 2019, president trump might see a different republican party, and i already know that senator toomey on this network on sunday as part of the "meet the press" he said that we don't report to the president, and he told chuck todd that and we have to in some ways push back on him, and so that is some republicans pushing

back. and even lindsey graham was very loud and clear about ow he felt about syria. and so you have the president taking steps of like pulling out of syria and others want him to stop. 2019, that is for president trump looking at a democratic house, and mueller investigation coming to an end, and slowed e conmy, and possibly more people, and possibly roger stone being indicted, and so when the president is looking at new year's, and i don't believe he is looking at this and saying, well, now i have another two years of great presidency, and he is saying that my headaches are going to be multiplying. >> and thank you, yamiche and pe peter, for your insights. now, the dow is surging up about 415 points after the worst day ever on christmas eve trading bushes is that going to be enough to calm wall street and wagt? we will tell you about that next. gt we will tell you about that

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welcome back. time now for some of the day's top stories. new warnings for survivors of the tsunami in indonesia. authorities are telling people to stay away from the coast

fearing that another tsunami may hit the coast. more than 280 people are dead and more than 1,000 people are missing. and now, people who may have been exposed to hepatitis or aids at a hospital. a new jersey school board is going to hold an emergency meeting after a referee caused a wrestler to cut his dreadlocks or forfeit the match. and a civil rights investigation has been opened and they have sidelined the referee. a mysterious hole is found on the international space station may have been intentionally drill and a criminal investigation has not been ruled out. the officials noticed the deadly hole four months ago. and the jackpot has grown to over $248 million after no one won the jackpot, and the odds

friday will be a mere 1 in 302 million. and at the white house, kevin hasset is trying to calm fears by saying that the job of jerome powell is not threatened. >> and he had no power as a judge -- >> look g fing forward to discun today. and we will have a big discussion and you can stay around -- >> that is the wrong sound bitet for you, but the president has been critical of the federal reserve chairman both on twitter and in some of his statements as we heard earlier as well. the dow is up as we end the chaotic month for the stock market. as you can see it is up 390 points today and trading and for more on this, we are joined by cnbc's lindsey picker and also msnbc's john harwood. and lindsey, what is the sense of what is driving the markets and a rebound from the crihrists eve. >> yes, a rebound indeed. all three squarely in the green.

and the dow is up to recoup all of the losses we saw a few hours ago earlier in the session. and the nasdaq is surging almost 3% which are gains coming after the comments that you said with the president's economic adviser kevin hasset who told the news that jerome powell's job is safe. this is critical in the markets where those comments on twitter and elsewhere have been spooking the investors with regard to expecttations of the central bank bank. >> and now, looking at the long gain, and bumpy month and one of the worst desem bers on record since the great depression if i am not mistaken and what is causing this volatility? simply the president's comments, or is there something to it that is economically-based? >> well, it is not simply the president's comments. investors are trying to fig yur out where the economy is headed. global economy is slowing, and

we know that after a quarter above 4% in 2018, our economic growth is slowing as well. it is expected to be well below 3% in 2019 and there is a rising possibility of recession in 2020. but on top of that, on top of that uncertainty about just when this very long nine-year recovery expires and goes into recession, you have got the unpredictability of the president who has engaged in a k chaotic trade war, and with who reversed course and caused the government shutdown which is not a huge economic event, but it is not nothing either, and in addition to that, the president lurching to withdraw troops from syria and drig triggering the resignation of jim mattis which is wone of the calming voices i the administration, and that is leading to a haphazard leadership at a time when the markets are trying to figure out

an uneven economic course. >> john, you know more than me, but some of these are self-inflicted wounds by the president, because when you are looking at what the president said yesterday about the federal reserve's decision to raise interest rates is not something to calm fears. take a listen to this. >> they are raising the interest rates too fast, and that is my opinion, but i certainly have confidence, but i think that it is going to straighten. they are raising the interest rates too soon, because they feel that the economy is too good. we have a normalized interest rate, and it is good for a lot of people. >> what do you make of the comment, but you said that the copmy may slowdown and earlier the economic adviser is speaking to reporters and said that they expect to hit 3% next year. >> they are unquestionably self-inflicted wounds, and we saw it from the administration over the weekend after steve mnuchin after the market gyrations decline last week put out statements saying that he had been told that president trump doesn't think that he has

the authority to fire powell, and that he was reassuring the investors that there is adequate liquid the ti liqu liquidity in the market. and so that is giving a lack of confidence in handling these situations makes people fear political instability, and we have democratic congress and potential impeachment, and robert mueller is getting closer to the president in terms of his investigation, and so question mark s ts on the horizon and th fact that the president would try to manipulate the economy is not one that is going to the ease tensions. >> and you wrote that for much of the president's tenure so far, surging stock prices,

created an aura of economic well-being that made his conduct appear to be sort of a and congressional republicans passed a large, deficit-financed tax cut one year ago, an u uptick in growth bolter ed by his policie, but now shifting political and economic winds have placed the president's leadership under a harsher spotlight. the image is not reassuring. what can you comment on that? >> well, the interference may be a positive, but larry hasset and our former colleague larry kudlow are telling the president not to make things worse, and so

far so good today, but there is a lot of volatility in this market, and we will see what happens at the end of the day. >> indeed we will as leslie and john, thank you both for joining us. up next, calls growing for congress to intervene in what is some calling a humanitarian crisis as a second death of a migrant child in custody has raised questions of the next steps for authorities to take. ♪ carla is living with metastatic breast cancer, which is breast cancer that has spread to other parts of her body. she's also taking prescription ibrance with an aromatase inhibitor, which is for postmenopausal women with hormone receptor-positive her2- metastatic breast cancer as the first hormonal based therapy. ibrance plus letrozole was significantly more effective at

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u.s. border officials are ordering changes in the way they handle child migrants following the death of an 8-year-old guatamalen boy, and the second time that a child has died while in the custody of the cpb, and the commissioner was on cbs this morning saying that officials are doing their best, but they are simply being overwhelmed. >> at this pace in december we will have almost 25,000 children, and most of them accompanied by parents who have crossed our border and arriving in custody, which is an enormous flow that is very different than what we have seen before. with so many children with flu season, and many people coming ill, our job is to try to identify any children who need the medical care and get them no the hospital as quickly as we can. we are doing that with heart everyday. >> i want to bring in julia ainsley, national security and justice reporter.

and i know that you have been following this story since it happened and talk about the changes that the cdp are proposing or the authorities are proposing and how it would impact the children in u.s. custody. >> after just two child deaths this month, the borders and custom personnel are saying that i will have more personnel at these facilities to where they are apprehending the immigrants. depending where you enter, you could remote at a remote place where you would not have contact with medical professionals for days. that is what happened with the young girl before she could get to a hospital to get care. one of the things that is they are asking for is more space from i.c.e. as you know that after the children or any immigrants leave the border protection custody, they are supposed to go to immigration and customs enforcement, and they have more space there to hold people, and it is supposed to be equipped for longer term. you are not supposed to hold any immigrant and let alone a child for more than 72 hours.

and these border processing center centers where we are seeing these children die. and so, we are seeing an e-mail sent that is not responded to, and we can presume it is because they are at capacity, and one thing they are working ois on the get more space to speed up the processes to get the people to places quicker. it is not clear whether they will have the capacity or get the administration behind that, because one thing they might have to cut back on is to hold people who are picked up in the raids internally inside of the country, because they are held there before they are deported. >> so many moves pieces to the issue, but i am curious to get your thoughts on the president who has made ate cigs it a sign issue to focus on the border security, and so what are you hearing that they need from the federal government when you are given the statistics of the cdp director that 25,000 or so children will be in the custody

of the cd krshc? >> well, children are going to be building out more wall, and a lot of times they say that deterrence does not equal lower numbers all around, but it is forcing people to more dangerous parts of the border where it is more expensive and frankly much more risky to care for them. so i think that a lot of people are worried about that. and also they say what they need is technology and access. they have been asking for it since before this admin adminstration came n and they need more roads to get out to remote places on the border to see immigrants coming, and then they need more people to be able to process them as they come through. that is not just your average border agent. it could be someone with a medical background and more people from the ucis who process the asylum claims, and manpower and those who can care for the humanitarian needs and not just walls. another thing that we have been

reporting for a long time even as far back as early in the summer, they were forcing the children to stay in the facilities and we can remember the kids in cages which were borders and customs protection faci facilities, and the problems they started to cite then are becoming a reality stay there. not had a child death in over a decade and now two in just a month. >> yes, it is a staggering statistic, and i am sure that you will stay on on the of the story for us, julian ainsley, thank you. >> and now, after the president made some moves that appeared to benefit saudi arabia and turkey, a and where the u.s. is standing on the world stage heading into 2019. 2019. ooooooooooo! (man) nooooo! (girl) nooooo... (vo) quick, the quicker picker upper! bounty picks up messes quicker,

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all right. we are back with a quick check of the markets. the dow is surginging now up over 500 points and 2% on the day which is coming after monday's worst christmas eve trading. we will keep an eye on it for you throughout the day. president trump is setting the tone for 2019 america's foreign policy with surprising moves benefiting con trtroversi allies. first, buying turkish president erdogan's theory that they can take care of syria and take care

of the kurds, the long time u.s. ally m allies in the region, and also, that saudi arabia is still under washington scrutiny with their agreeing to rebuild part of the syria lands ravaged by years of war. and so, let's talk about this war happening with iran and bashar al assad. >> i don't think that anything is going to be better, and with the withdrawal of u.s. troops, there is going to be increasing tensions of the kurds and the turks the if not outright fighting, and if not the possibility for isis to reemerge, and there are number of actors in syria, and the kurds could strike a deal with assad, but i don't see a

political settlement or anything that is going to bring this place to a place of peace any time soon. if the zus gone, it has less leverage of our his other tweets, the president tweeted about saudi arabia saying that saudi arabia will now spend the necessary money needed to help rebuild syria. it is another example of the trump administration selling the saudis to their supporters. do you support the king and his son to play a positive role in any facet of this ongoing conflict? let's also couch it with a very simple fact that the saudis not confirmed whatsoever anything the president is talking about. we don't know if it's true. >> well, the saudis, you know, they make promises now and then about going to be spending money on arms deals or reconstruction or whatever. but you're right. that's no guarantees whatsoever they're going to get involved this in any sort of a meaningful way and the president said about

$300 million that the saudis pledged they might invest and that's nothing when it comes to reconstructing a place like syria. that's the type of thing that takes decades, billions of dollars. and it's just -- it's not something that you can necessarily rely on and i don't know, you know, the saudis may be making promises to stay on trump's good side but the idea to follow through is not feasible to me. >> it is hard to imagine the saudis agree to build anything in syria while the war is ongoing. nahal, thank you. our guests are back with us again. rick, let's talk a little bit about this. the politics, the president has always had some support in congress for some of his foreign policy issues, cigsignature iss. but are we starting to see republicans split with the president after his pivot on

syria and warming up to turk ir president erdogan and the situation with the death of jamal khashoggi and saudi arabia's role in it? >> i think with republicans pulling out of the iran deal and the parish climate accord popular with republicans and now we're seeing the other side of this sort of -- i'm not sure how to characterize the trump foreign policy because he seems to cozy up to dictators. erdogan is just one example. but if we pulled out of syria, what did we get in return for pulling out of syria? we had -- we would have had some -- would have had some -- the president should have made some sort of -- here's what we get in return but he one day and just up and left and if you do that, everyone in the middle east, all of the allies, enemies and allies alike will notice this. and the united states can't be relied upon.

the problem with the united states not having a role in the world is as we seen in the past when the united states doesn't take a leadership role, the planet is dark and bloody quickly. >> philippe, why do you think it is the syria issue and the saudi issue or turkey issue if you want to call it that got republicans bent out of shape? >> well i think for a few reasons. congress, you will hear them say it often that they're co-equal branch of government. no one actually believes them and typically presidents don't believe them. i think when they feel they've been y usurped or ignored, the white house resisted letting anyone go to the hill to brief them. when they did brief, them not send the cia director and probably the dumbest thing donald trump has done in two years in a pretty dumb series of events, is that the congressional republicans, particularly house republicans, are his firewall.

that red wall is in the end going to make the difference for him make or break and, you know, he is not fully appreciating that he is lost the trey gaudies of t of the world and those still there. gates a gat gates and nunes and he loses the two groups, the house and senate republicans and they're such a self-inflicted errors. tell them what you're about to do in syria before you tweet it. and, you know, afghanistan is another example. afghanistan, you have our commanders on the ground who don't understand why we have two people -- we're cutting our forces in half. >> yeah. >> they want answers. >> probably caused alarm bells, not only not telling members of congress but not telling your own defense secretary. rick, philippe, thank you so much. coming up, more than two dozen democrats are eyeing a

2020 bid for the presidency. it's becoming something of a staring contest who will go first. we'll talk about that in this open wide field, next. share the love event, we've shown just how far love can go. (grandma vo) over one hundred national parks protected. (mom vo) more than fifty thousand animals rescued. (old man vo) nearly two million meals delivered. (mom vo) over eighteen hundred wishes granted. (vo) that's one hundred and forty million dollars donated to charity by subaru and its retailers over eleven years. (girl) thank you. (boy) thank you. (old man) thank you. (granddaughter) thank you.

all right. that wraps up this hour. coming up right now, more news with my friend. >> you think december 26th would be a quiet day. >> no, not at all. no weather updates. no movie reviews.

>> everyone's out shopping or something like that. >> good sales today. >> thank you. good afternoon, everyone. we begin with breaking news from wall street where the dow is on track to have its best day in nearly a month right now. the dow up 537 points. it follows the dow's worst christmas eve ever dropping more than 650 points. in a shortened session. despite reports that president trump was considering firing fed chair powell, his economic adviser says powell is safe. >> is the fed chairman job's safe? >> yes, of course, 100%. >> 100%? not in jeopardy by the president? >> yes. that's correct. >> even a smile and laugh there answering that question. ron joining me now to chime in. a good day on the markets to say the least. is this do you think driven by

the fact that fed chair powell's job safe as of today as of now? >> second leg up is i think you can attribute to the comments of the white house head economic adviser gave that 100% promise. we didn't see it from larry kudlow, not from treasury secretary mnuchin but kevin. who's, you know, kind of among equals and to a certain extent that was responsible for the second leg up. we were up 240 at the outset. first 36 minutes of trading and then fell to negative trading on the dow and since then, spiked rather sharply and good news he's safe. it's a steady hand and adept and had a couple of communications errors and nothing that wouldn't see in any other fed chair's history so he is so far on track to do the right thing for the economy. i think the president is overly sense theive to the stock market