we have a special report from adam shapiro coming up. storms moving through oklahoma and now heading east. >> right now we are on state highway 36, we have a tornado on the ground right now. lauren: senior meteorologist tracking the storm and what it means for your mother's day plan. futures are down across the board, dow dropping 38, the nasdaq up this week on pace for four-street of gains. you're watching fbn:am, first look at morning markets and breaking news. ♪ ♪ the world of fast food is being changed by faster networks. ♪ ♪ data, applications, customer experience. ♪ ♪ which is why comcast business delivers consistent network performance and speed across all your locations. fast connections everywhere. that's how you outmaneuver. ♪ here comes the fun with sea-doo. ♪ ♪ sea-doo has the most affordable watercraft on the market. starting at just $5,299 and get 0 percent financing. visit sea-doo.com today. nicole: good friday morning, you made it. 5:15 a.m., let's get you caught up on what's happening now. now that joims comey is not fbi

adam shapiro has more. adam, the big takeaway here, good news people should be celebrating, james clapper under oath saying no, there was no collusion between donald trump campaign and russia itself. i mean that is the narrative that had been pushed over and over again by the mainstream mediaport port trish, sometimes the answer to one question can obviously raise self others. so former national intelligence director james clapper testified there was no evidence of collusion between the trump campaign and russian officials. president trump tweeted, director clapper reiterated what everybody including the fake media already knows. there is no evidence of collusion with russia and trump. but clapper also said he was unaware while serving as director of national intelligence that the fbi was conducting a counterintelligence investigation. yates on the other hand testified that the reason she contacted white house about former national security advisor michael flynn had to do with flynn's conversations with russ

adam shapiro. >>> the battle whether this is a legal mess for the president of the united states comesversus the former fbi director's word there. were only two of them in the private dining room in the white house, and in that room that james comey said the president urged him to lay off, essentially general flynn. president said that never happened. it's a he said/he said thing. what's the fallout? for the time being, blake burman on that. >> reporter: remarkable to follow this on this day, essentially there has been silence from the white house as it relates to the fallout. they put out the initial statement last night saying the "new york times" article, the conversation detailed was not a truthful or accurate portrayal. since then, nothing else forward, no direct on camera comments from the president. he hasn't taken to twitter as well. however, just a little while ago, and you probably saw the comments live, the president seemed to allude to all of the negative headlines coming out his way, and he had t another message as it relates to the dia. this was his speech in which he tal

here with a preview on what it entails is fox business' adam shapiro. ive from the white house. adam. >> hey, e mac. you know, they haven't released official numbers yet, but you can probably guess that president trump on the campaign trail that he wouldn't touch social security, medicare, medicaid. now, what the numbers look like when they're finally taken to the hill tomorrow, at this point is starting to shape up, according to news reports as a big cut to medicaid. now, remember, there was an $800 billion savings when the house of representatives passed the affordable care act, the american health care act. and that $800 billion savings or cut to medicaid spending is something that the president has said he would be in favor of because it is a gigantic savings for the u.s. taxpayer. and it could also be the foundation for a budget going forward. but officially, the white house isn't saying anything about 800 billion-dollar cut to medicaid, but it is already part of the aahca. here's what you need to watch in the next day. you're going to see nick mulv

adam shapiro is live with more. >> when we talk, shep, about cuts to medicaid, remember that the affordablee act that congress passed a few weeks ago would save about $800 billion over ten years. so it's a crucial part of any budget proposal that the trump administration puts forward. this will all be rolled out officially tomorrow morning when mick mulvaney takes this to the hill. look a what has happened in the past. we always had administrations promise to try to balance the budget and restrain spending. in 2016, the budget was $3.8 trillion with a deficit of $585 billion. in 2017, $4 trillion with a deficit of $603 billion. so the trump administration has to adhere to the president's promises to restrain government spending. how they do that? we'll find out in a few hours, won't we? >> not likely to take effect in this form, this budget, right? >> one way you could ask this, will the republicans in the senate buy into any kind of cut to medicaid that might total as much as $800 billion over ten years when they have already said publicly that is a nonstarter. so this budget in some opini

adam shapiro, thank you very much. i'm joined for an analysis of all of this. d you were saying before we went to break, adam johnson, that we need this kind of transparency. if you think the guy is bad at his job, he's bad. but those who want to get to the bottom of it, they absolutely should. >> well, there's a problem when the head of a internal spy organization, that's what the fbi is in effect. cia is external, fbi is internal. spy might be harsh, but that's what they're doing. when you have the head of that organization who effectively becomes the news, that's a problem. that's dysfunctional. it doesn't work for republicans. it doesn't work for democrats. mr. trump, president trump was correct to remove mr. comey from this position. in fairness, if you really want to do it the right way, now create a special prosecutor where you actually look at the situation and maybe not prosecutor, special investigator to figure out whether there was anything that was done with russia that should be considered here. fair enough. but you need a new head of the fbi. trish

adam shapiro.reporter: if we get a chance to speak with the canadian finance minister we will share that. melissa: there you go. breaking news. nordstrom releasing first quarter results. following a beat on earnings and revenue but comparable sales decreased by .8 percent versus estimate of just .1%. i did my best with nordstrom. david: retailers are just getting killed all over the place. >>> passengers being dragged off of flights, airplane brawls, the overall sense we're being treated like cattle. you would think it would put a damper on airline travel, you would think. but think again. the results of a surprising new study. melissa: aetna dropping out of obamacare, democrats along with the chief architect of the plan are pointing fingers at republicans. senator chuck grassily will respond to that. david: the president is trying to set the record straight. we're live from the white house with the latest. >> i think this entire episode has shown leadership by the president and it has shown hypocr

adam shapiro with the latest. hey, adam.dam: we got a hold of opening statement, subcommittee, trish, she's going to say as the subcommittee understands many topics of interest today concern classified information that i cannot address in this public setting either directly or indirectly. now, as this hearing gets under way, we do expect the warning president obama gave president trump about michael flynn to be among the topics, members of the committee will attempt to ask former attorney general sally yates. yates is speaking to the subcommittee investigating russian influence of 2016 presidential election and expected to maintain that she informed the white house's legal counsel in january that flynn lied to the administration about his phone calls and conversations with russian embassador sergey kislyak. this morning president trump tweeted about yates, ask sally yates under oath if she knows how classified information got into the newspapers soon after he explained it to white house counsel. white house press secretary s

adam shapiro in italy.he s&p 500 on track to snap a three-week winning streak but there's one sector that you either don't own but might want to look at or do own and you're doing pretty well. utilities playing offense at this hour. let me go to ashley webster where i'm sure traders are also wondering why the red on the screen for several days in a row. ashley: yeah, we are stuck, liz, utilities somewhat of a safe play, not exactly very sexy, is it? but the economic data has been pretty strong, look at this utility names here as you can see across the board, all showing nice albeit modest gains. we have seen decent economic, the consumer sentiment numbers were impressive, retail sales showing for a brighter economy, jobless claims hitting a 30-year low, all of the numbers very impressive but the traders hearsay, not a whole lot of anything to move the markets, i think what we are seeing is we are just circling the airport waiting for washington to get its act together and get going tax reform and all of the

liz: let's take it to adam shapiro. >> it was 217-213, but it did pass. now it's off to the senate.itch mcconnell said it will work on its version of this bill. when it does, if it does emerge from the senate it will have to go to a conference committee and come back to the house. but there was a victory lap. president trump had this to say about the historic moment. >> as far as i'm concerned, your premiums, they are going to start to come down. we'll get this passed through the senate. i feel so confident. >> it nation healthcare more affordable. it takes care of our most vulnerable. it shift power from washington back to e states and back to you the patient. reporter: but democrats point out the original cbo score on this bill said they will throw 20 million americans off the tins rolls. that did not take into account some of the insurance companies are closing down the exchanges and those people will lose their insurance regardless of what happens. >> it was a bill that will not become law. >> they are going down to celebrate something that comes way, way, way short of what the

snap -- adam shapiro got harvard aides and commencement wear blacktop hetz and cut away coats for menthe least of harvard's issues. >> have a good holiday weekend. neil: thank you very, very, very much. i would have been all over that, adam. italian descent, that's what they do. now i know. more after this. break through your allergies. try new flonase sensimist allergy relief experience to help block six key inflammatory substances. most allergy pills only block one. new flonase sensimist changes everything. : this is where i trade andrs. manage my portfolio. since i added futures, i have access to the oil markets and gold markets. okay. i'm plugged into equities- trade confirmed- iand i have global access 24/7. meaning i can do what i need to do, then i can focus on what i want to do. visit learnfuturestoday.com to see what adding futures can do for you. . neil: all right. amazon, alphabet, both racing. alphabet moving slightly ahead. an incredible run for stocks that have had the most impressive performance. perhaps of any within the technology world, of any world, over just the pa

our own adam shapiro is in washington, d.c. with the latest. hey, adam? reporter: hey, trish, paul ryan and the establishment would say you're absolutely wrong, this would not be a disaster for retailers or employers in the weeds of this lawmakers who support the border adjustment tax point out more than 160 countries apply taxes on products sold in their country and remove tax fres products that are export. now house ways and means committee chairman kevin brady supports the border adjustment tax concept and claims that it will drive up consumer prices are not actually accurate. brady says b.a.t., border adjustment tax says the nonpartisan tax foundation says that the house blueprint for tax reform would actually increase paychecks on average $5,000 for middle class american families. >> someone's got a better solution, bring it. we eliminate every tax incentive to move jobs overseas. if someone's got a better solution, bring it. i think the end of the day, everyone has to be open to how we solve those two major problems. i'm actually confident as we wor

let us get to adam shapiro at the white house. . >> and one thing you need to keep in mind, liz, about the meeting that will take place is that chairman bradiy is holding that hearing tomorrow on the border adjustment tax and how it in the words of the chairman can help create jobs and grow this economy. but the trump administration has said through the treasury department that they don't believe the border of adjustment tax as it's proposed will work, but they're willing to listen. so this presumably could be part of that, especially as we wait for that hearing. but the other thing we're waiting for are the details on the president's 2018 budget proposal, and we expect to get those details confirmed later this evening. but already we know from reports in the washington press that the biggest potential savings or cuts, depending how you look at these would those two news organizations which have seen the budget proposal come from what happened in congress through the affordable health care act and the house bill to repeal obamacare

neil: buddy, thank you very, very much, adam shapiro. again on something adam touched on, so-called cuts to medicaid, 800 billion that republicans are looking to pare from spending over increase in spending. when all is said and done, medicaid will still get $5.7 trillion. as things stand now, closer to $5 trillion if the cuts come in. so the rate of growth is what slows. still means they get more money. that is the problem with this so-called misnomer these represent cuts. that is big issue for former reagan budget director, we lie when we talk about this stuff, right? >> unfortunately the budget will be d/b/a, dead before arrival. all these cuts i left in the vault at omb 36 years ago. neil: is that right? >> they were rejected then, state department, epa, 30%, cutting back on education, reducing some of the waste in the national medical research institutes. getting rid of the -- neil: small sliver of spending that you could touch. >> but that is the problem. trump is basically ruled out medicare and social security, 1.8 trillion a yea

neil: albright, adam shapiro, thank you very much.s care of food stamps will see an overall cut of the invention at the outset of the show. it's been growing at an exponential rate. eight years ago about 27, 28 million people are getting food stamps supported suddenly blurred to 44, 45 million. the director is saying essentially that many people are needing food stamps support, we've got bigger problems than the numbers you're getting food stamps. furthermore when it came to mediid andedicaid related spending, it is not being cut in the true sense of the word. this growth is being slowed. we'll bring it up this discussion. that yellow line represents a baseline for medicaid spending and the changes on the republican medicaid spending plan that will be included still goes out, just not as much to "the intelligence report," trish regan for responsible federal budget. to you first. the powerful word here, but when you're slowing the growth of something and still submitting a budget, pick apart the details we should and will, it is still

adam shapiro in italy with leaders. are on the adriatic coast in barrio at the g7 finance ministers and central bank leaders are having janet yellen is here. so it's pristine lazard. she arrived with philip hoffman and stephen at june -- mnuchin. he's running a little bit late but he will be done with all of these people. when meeting with the italian minister of finance and not meeting was described as successful on cybersecurity and economic growth. especially the italian baking situation. for secretary mnuchin he wants to discuss at this year's tax refund in the united states. they have questions about what that's going to mean for their country, especially the administration dives into the rational plans for a border adjustment type. treasury spokesperson has told us right now they don't see a border adjustment tax working in the united states, that they are opening to listening to congress on that issue. the secretary of the treasury will be leading a discussion tomorrow's cybersecurity and with the g7 nations can b

adam shapiro, thank you very much.ort we are getting out of the cook report folks that it is looking increasingly likely. this is based on statistical analysis the republicans lose the house next year with 24 seats to do that. that might seem like a leap year ahead of the pack. the thinking goes like this but sometimes there are what happened in france but what we thought with the not so populist candidate winning in south korea. we've seen similar to rest for right wing candidate if you will in places like austria and the netherlands. so with that is right, time spacing for republicans to get all this done to improve their chances to "the intelligence report" trish regan on all of that. they take more days off. you know, there is in a lifetime time to make things right. >> this is complicated stuff. there's nothing out there. trying to come up with some type of solution. we have become the very best system in the world when it comes to survival rates. we have the best medical care for the catastrophic -- >> they're no

let's take it to adam shapiro he has the latest. good to see you. a bunch of questions to sally yates as the curing is still underway but it's gonna wrap up very soon. about the role of acting attorney general. in the refusal to enforce the president travel ban when it was first issued. the key question started right off the top. the flynn meeting. with chief counsel in the first meeting on the 26th of january. in the key headline from what she have to say is that yates believed as they conveyed to the way has that flynn had been compromised and was in a position where the russians might have had the option of blackmailing him. here's what she said the committee. >> when went back over t second day is essentially why does it matter to the doj if one white house official lies to another white house official. we explained to him it was a whole lot more than that and went back over the same concerns that we had raised with them the prior day that the concern first about the underlying conflict itself that they lied to the vice president and others the

fox business adam shapiro will get a live report from italy starting this afternoon. >> obamacare unless support. at napoleon out of delaware and nebraska next year. the move comes after at not said it will start carrying coverage in iowa in virginia. the company estimates its individual plants will lose more than $200 million this year alone. critics of obama carries a sharply higher costs are one of the reasons the affordable care at nice to be repealed and replaced. shares of aetna at 15% so far this year. lauren: some insurers charging 50% more. trump official nature trump official major and president abbas has a habit because the upcoming health care conference in new york. charlie gasparino reporting adding some into the current administration. but almost a harsh critic when president. his come under fire for accepting a $400,000 speaking fee for the gate. the white house not commenting and saying whether it is considering asking a trump representative to speak. we will see when we have that. nicole: caught up in the global market action. the a 17 month high to the upside. that is

adam shapiro has the response from mcconnell. adam? not sure if adam is hearing us.adam. if that is not the case. we'll move on. talk to our guest as little bit. adam in awkward situation if he didn't realize he was on tv. brad blakeman and robert wolf. brad is republican strategist, and former deputy assistant to president george w. bush. he is also in d.c. i can tell by the smiling face he hears me very well. mr. wolf is here in new york, 32 advisors. >> i may pull i can't hear you routine. connl: notitting right next to me. ubs america former chairman and ceo. brad, let me start with you. do you think the democrats are being up front they want to work together? at the end of the day because of republican control i'm not sure how much they matter but what is your take. >> don't get caught up in the semantics of repeal or replace. some parts of the republican reform keep mandates for obamacare. you can keep your kid on your policy until they're 26 years old. the ability to cap preexisting conditions and still get affordable health care. if they scrap the verbiage, c

adam shapiro. we know stocks are well up session lows but why this morning the major indices were headed towards one of the biggest declines in a month as earnings disappoint investors. it recovered a loss -- reported a loss now pledging 21% $18 stock. it had been even lower than that today. >> i'm with you always go with a terrible missing. -- with the tiramisu. it came down and look like it was going to get right to where the ipo price was. there was those that were able to jump in and pick it up. they were down 21 and a half percent. there is very few analysts down there. it has not been able to show user growth. revenue is falling and it's getting absolutely shellacked by instagram stories and facebook. they are raiding the stock. yes you can put the cute bunny ears on you. but the daily active user is falling. is not what investors want to hear and we do have a few if you like. there is not a lot of love. close your eyes. some might see it as a buying opportunity you never know. >> can i menti

adam, thank you very much, adam shapiro.antime the president is raising some eye you brows with comments he made about north korea's leader saying of the, not even 30 something dictator that you know he is a pretty smart cookie. impressed that he was able to hold on to power after his father died in the face of a pretty rough crowd that would be almost too eager to take it away from him what were the point of those remarks? former green beret commander michael walls. what do you think? he was complimenting on one hand and sending a warning if you do anymore tests you i will come down on you like a ton of bricks. what did you make of the complimenting part? >> i think that is somewhere neil in the guise of the where the administration is on this in the sense they're not looking necessarily for regime change. what they're looking for the north korean regime and kim scrounge unand denuclearize and get rid of its -- kim jong-un. i took the remarks, even if the regime stays in place, he starts very hard to consolidate power, who

adam shapiro is live from the white house with the latest. adam?ing between chaffetz an comey will not be public. we'll not get too many details what they spoke about. remember, jason chaffetz will leave congress on june 30th. all attention regarding mr. comey will take place after may 29th because he is going to testify publicly before the senate intelligence committee. but that will take place after the memorial day holiday. but the attention in washington today when it comes to the issues of russia and russia's influence on the presidential election of last year has to do with michael flynn, and a letter his lawyers have sent to the small intelligence committee declining a request to turn over documents about flynn's business relationships with different parties. they cite the constitution's fifth amendment pointing out that quote, absent such assurances, remember they wanted assurances against unfair prosecution of general flynn, absent such assurances general flynn would respectfully decline your request for an interview and for the production

trish: big news, the beige book, straight to adam shapiro and get the intel. >> reporter: trish, districts reporting slower economic growth despite labor markets continuing to tighten. districts report economic growth at modest or moderate pace but boston and chicago report growth has slowed to a modest pace and in new york indicate economic activity has flattened, consumer spending softened with little to no change in nonauto retail sales, moderate growth in manufacturing, new home construction and nonresidential construction growing at modest to moderate rate. wet weather across districts and a majority of districts have a positive near-term outlook. the labor market continues to tighten. district cites shortages across a widening range of occupations and one firm had to raise salaries 10%. rising input costs, lumber, steel and other commodities continue to go up. prices fall for groceries, apparel and automobiles. district reports slowing economic growth but the tightening labor market coalmining firms continue to invest. consumer spending sales in new york city lagged the rest of the r

i want to go straight to our own adam shapiro who is standing by there. the vote as i said expected to take place any minute from now and adam, walk us through whether or not they'll be able to get this done? adam: yes, ryan -- reporters shouted out, he said, looks good. you said the magic number 216 and they believe they have the votes. they can lose 21 republicans, but it was 22 but there was one member that's not here today. if they lose more than 21, it won't pass but they believe it's going to pass. the vote is on the exemption, this will close the exemption once health care is reformed, whatever that reform looks like. when we get into the vote that will take place in about 15 minutes, that's the big vote. that's the repeal, that's the replacement of obamacare although it won't be immediate because it still has to go to the senate. you could hear in the debate, trish, animosity between different members of congress on different sides. democrats saying you're going to throw 24 million people off of the health care rolls, republicans say this fiasco ha

adam shapiro is standing by in washington, d.c. all the details behind how this budget battle is unfolding. break it down for us, adam. reporter: if it would be a tv show we would call it let's make a deal, melissa. to sell the president's proposed 4.1 trillion-dollar budget on capitol hill. it ran into opposition from democrats don't buy it. representative barbara lee, democrat from california, told mick mulvaney says is destroys lives around force americans to fend for themselves. >> you're forcing families to put food on the table and roof over their hid. that is downright wrong. you're forcing them to choose between life saving prescription drugs and higher education. again that's wrong. >> worry not kicking any deserving person off of any meaningful program. we want to help people just as much as you do. republicans care about poor people as much as democrats. reporter: proposed budget cuts, billions of dollars over 10 areas popular social programs, medicaid, food stamps, social security disability insurance. the administration

adam shapiro, fox business. >> then on the weekend no deals.end. >> just blow it out. >> finally get the time. >> good tips. >> duly note. >> didn't realize a lot of 99. of one wants to look their best. what if you can see what you're doing while you're getting ready. coming up next how one woman is lending a help hand an fresh sight of eyes of people suffering from vision loss. back after this. ck after ♪♪ the moments that connect us don't happen overnight. they happen one morning at a time, and one cup at a time. folgers, the best part of wakin' up. all those pokers, prodders, shuckers and sniffers, [ inhales ] all giant produce is triple checked. farm, crate, and store. we're focusing on fresh... ...so you don't have to guess. my giant. ♪ >>> for a lot us in women in particular we spend a lot of time and money on but tee, right? but imagine if you were losing your vision and the ability to get your look just right. one young woman is maintaining her sense of styl

adam shapiro is live in d.c. with the details of that budget. hi, adam. reporter: hey, david. the key to this budget according to the administration, trump-nomics, sustainable 3% gdp growth, growth in this economy going forward, and the way to get there is tax reform, regulation reform and easing the burden on american taxpayers. here is how they intend to do it. first what the budget is proposing in twenty 18. we have a full screen to show you. these are key spending increases over next 10 years. 200 billion as seed for over a trillion dollars in spending but 200 billion from taxpayers. expanding veterans choice program. 29 bil first new parental leave program, first time ever in the country, six weeks parental leave, $19 billion. increased border security, money for the actual wall on the southern border as well as additional hiring of border control agents and aircraft and technology, 2.6 billion. now where the cuts in growth, remember in washington a cut is not the way you and i think about cutting the budget. it is cut in growth over next 10 years. medicaid and children's

i -- our own adam shapiro joins us to break it down. i want to hear about ges as well. >> the 211,000 jobs that were created in april, a much stronger showing than expected. one recent the unemployment rate fell to 4.4%. lowest level since may of 2007. ever generally raises rose in april, and year over year wages are up 2.5%, an important number because the federal reserve watches that and they like anything going to to present. labor force participation rate continues to hover around 62.9% as low as it was in 1978. donald trump's top economic advisor on foxbusiness this morning says the jobs report is one big victory for the trump administration. take a listen. >> what we got done this we, continuing resolution, the government funded through september, healthcare build on, moving on to the senate, we got a great jobs report, continued to work on tax policy, work on regulatory reform, new head of the sec, we had a really good week. >> job gains were posted in the leisure hospitality sector up 55,000, healthcare, 37,000 jobs, business pu

fox business's adam shapiro is in d.c. with the latest. what are you hearing about this, adam? that meeting is going on behind closed doors. the senate intelligence committee is holding its regular weekly classified meeting with without former fbi director james comey who decline ad request to testify. democrats on capitol hill want comey to testify in public about his firing and potential links to the fbi's investigation of russian interference with the 2016 presidential election. but no date has been set for such a hearing. at the same time president trump hasn't indicated he may announce by the end of this week a nominee to fill the fbi director's position. but senate minority leader chuck schumer has vowed to block any nominee unless an independent prosecutor is named to investigate russian influence on that election. senator schumer continued to pressure the administration today calling on republicans to- >> there has just been one vote against all fbi director nominees in the history of the united states of america. it is always been a nomination that gets virtually unani

adam shapiro, thank you.: proving fake news really exists at least according to president trump, the trump administration is once again lashing out at cnn why the network is sensorring the president's late -- censoring the president's latest ad. melissa: why people will never make a switch to the competitionthe numbers are next. >> android, home screen is goofy. apple is lot more simple but high-tech as well. whfight back fastts, with tums smoothies. it starts dissolving the instant it touches your tongue. and neutralizes stomach acid at the source. ♪ tum -tum -tum -tum smoothies! only from tums david: breaking news and this is it, apple set to release second quarter results any moment. no earning more anticipated than this one. very high expectations for the tech giant. investors hoping for better than expected iphone sales and future growth drivers. taking us through all the big headlines, fox business's cheryl casone, lance ulanoff, mashable chief correspondent there, kevin kelly, recon capital chief inves

this is the report that we got from fox business's adam shapiro saying steve mnuchin and gary cohn hadng with members of the senate finance committee to talk about tax reform. both republicans and democrats were present. i mean, i understand that you're in a different group, but is it your sense that this kind of coming together is still happening maybe in corners in spite of this? are we getting any closer on the tax reform side? >> this stuff happens regardless of what the news of the day is, right? truly, this is the work that congress does day in and day out, the house and senate, getting together and talking. that's great news, by the way, that they're all getting together. >> melissa: all right, sir. thank you very much for joining us and telling us what's really going on and what's not media spin. we appreciate that. in the mean time we have a fox news alert. sean spicer is holding a press gaggle aboard air force one. these happen, but it's rare that we get the audio, so we're going to listen. >> -- to discuss hopefully the nature of their conversations. >> the president is conf

fox business network's adam shapiro is live in washington to break it down. big gains, adam.he winners in this report? >> there are a lot of winners in this report. leisure and hospitality. that sector saw gains of 55,000 jobs, jobs in restaurants. healthcare added 37,000 jobs. professional and business services up 39,000 jobs. there were some losses, media, for instance, reporters. that was down 7,000 but overall it was a good jobs report and the president's economic advisor said it's one of several victories the president is celebrating this week. take a listen. >> you think about what we got done this week. we have a continuing resolution done, the government funded through september. a healthcare bill moving on to the senate. we've got a great jobs report today as you said. we've continued the work on our tax policy. we've continued to work on regulatory reform. a new head of the sec in this week. we've had a good week. >> average hourly wages, an important number, up 2 1/2 percent year-over-year. the federal reserve and administration look at and it's definitely a plus.

trish: big news, the beige book, straight to adam shapiro and get the intel. >> reporter: trish, districts growth despite labor markets continuing to tighten. districts report economic growth at modest or moderate pace but boston and chicago report growth has slowed to a modest pace and in new york indicate economic activity has flattened, consumer spending softened with little to no change in nonauto retail sales, moderate growth in manufacturing, new home construction and nonresal

adam shapiro on that. hey, adam.ter: neil, 40 you thousand people were bumped against their will next year. it was incident aboard united airlines express last month which enraged passengers and congress. dr. david a dao was injured after he was removed from his seat. he told the house committee on transportation and infrastructure that his airline, united committed a serious breach of public trust because employees did not have authority to do what was right or use common sense. >> i'm personally sorry for the fact that my immediate response and the response of our airline cast inadequate to that moment. no customer, no individual should ever be treated the way mr. dao was, ever. reporter: you united now offers up to $10,000 to a customer willing to give up a seat on a flight which has been overbooked. they have a new, no questions asked, 1500-dollars payment for a passenger whose luggage is permanently lost. another indent on american airlines enraged a ssenger when flight attendant hit a mother holding a baby with

adam shapiro with the very latest. rolling out how this vote could go. adam? reporter: we're very close to the vote taking place. the live puck ture from the floor of the house of representatives. debate has been underway for about an hour it has been heated at times. we expect a vote to begin at 1:00. the guidance from the majority leader kevin mccarthy, the representative from california. we expect the vote about 1:30. louie gohmert from texas says it will be tough. 216 is the one the republicans needs to pass the bill of the is beginning to repeal and replace obamacare. i mentioned this hooter debate. democrats calling this a tax bill masquerading as health care. republicans say obamacare will collapse and we have to say something in the form of new health care for american citizens. take a listen. >> to have a health care bill that throws 24 million americans off health insurance, you should be ashamed. to have a health care bill that cuts medicaid by $880 billion to give a tax cut to the wealthiest people in this country, you should be ashamed. >> if we w

adam shapiro with some breaking news on that. hey, adam. reporter: hey, neil.ourtroom in new york city. chief justice john roberts has appointed federal district court judge, the honorable laura taylor swain to be the judge who will hear this case regarding puerto rico. now it's like bankruptcy but it's not bankruptcy. it's title 3 of what is called the puerto rico oversight management and stability act. it was passed last year by congress. justice swain will have to hear the arguments why puerto rico should be allowed to make its creditors take a few cents on the dollar as opposed to getting 100 cents on the dollar. a little bit about her real quick. harvard law, 1982. she has served on eastern district the of court bankruptcy court from 1996 to 2000. when then president clinton appointorred her to the southern district of new york. she has been on the bench well over 16 years. she could be a the largest bankruptcy-like case in u.s. history. anywhere 73 billion, to 123 billion, if you include restructuring of puerto rico's pension obligations. it is in one wor

neil: adam shapiro with the latest on the general flynn news.orts president obama himself had warned donald trump that general flynn might be a problem in that post as national security advisor. as it turns out one of the shortest tenures in recent american history for a cabinet position. what are you hearing, adam? what's the latest? reporter: neil, talk about timing, the associated press, they confirmed with three former obama administration officials that president obama warned president-elect trump against hiring michael flynn as national security advisor. now that meeting took place two days after the 2016 presidential election. the obama administration renewed flynn's top level security clearance in january of 2016, which was well before the election. e ap reports the oba ministration officials requested anonity in order to confirm the information. now all of this is sure to come up in just a few hours when former acting u.s. attorney general sally yates testifies later today before the subcommittee investigating russian influence on the 2