. >>> also joining us this hour lieutenant-general thomas mcinerney, arizona congressman andy biggs, former navy pilot lea gabrielle and "wall street journal" columnist, bill mcgurn. david: we have a full show. nike among the biggest drags. we warned you about ibm yesterday when it came in with bad numbers or disappointing numbers anyway. but a totally different story for oil. phil flynn is watching all the action in commodities from the cme in chicago. first to nicole petallides on floor of new york stock exchange. nicole, it wasn't so bad, right? >> no, it wasn't and if you didn't have ibm in the dow jones industrial average you would have up arrows across the board for the dow, the nasdaq and s&p. we have eight of 11 days with gains for major averages which moved above their 50 day moving averages. today ibm dragged on the dow jones industrial average 80 plus points. let's break it down. the dow down 38. s&p 500 is fractionally higher. the nasdaq i think i saw an up arrow there. that is the big picture. ibm we told you yesterday on "after the bell," there was a concern about the g

andy bigg and former trump aide dr. sebastian gorka joining us tonight. >> republicanscrashing democratic hopes of defeating republicans in a wave election this year. instead the republicans won the arizona 8th congressional seat in last night's special election. we take up the desperate dems, the midterms and more. ronna mcdaniel joins us tonight >>> our top story, new concerns about james comey's judgment and his conduct. fox news confirming the columbia law professor to whom comey used to leak sensitive information to the media previously worked as a special fbi employee. catherine herridge with our report. >> in avenue an e-mail to fox news, columbia law professor daniel richmond confirmed he worked for james comey as a special government employee on an unpaid basis. sources familiar with richmond's fbi work said comey assigned him to special projects. he had a security clearance and badge access to the building. republican lawmakers want more answers. >> maybe we need to talk to mr. richmond in front of oath. it wo

congressman andy biggs, republican national committee chair ronna mcdaniel among or guests tomorrow. please join us. thanks for being with us h h h . now we are leaving it in the hands of lou dobbs himself. lou: good evening. our top stories tonight. the * and the first lady hosting the first state dinner of the french president say honoring french president macron and the first lady of france. the celebration comes after a full day of meetings between the two leaders. president trump today slammed the iranian deal as simply insane. >> people know my views on the iran deal. it should have never ever been made. the iran deal is a terrible deal. we paid $150 billion. we gave $1.8 billion in actual cash. barrels much cash. it -- barrels of cash. it's insane, should have never been made. but we'll be talking about it. also president trump saying talks with north korea are going well ahead of a highly anticipated summit with kim jong-un. president trump who once mocked him as little rocket man describes kim as an open and honorable man, acknowledging all the while the process may not resu

congressman andy biggs of arizona gives us his take coming up next.shley: break being right now, yes we have a market selloff on our hand, investors fear we're headed for an all out trade where with china, but president trump doing exactly what he promised, leveled the playing field. the dow off 600 points. we were down 700 points. it is coming back. certainly volatile this point of the afternoon. joining me republican congressman andy biggs from arizona. he is a freedom caucus member. i want to talk about the border wall and national guard. ii want to look at verbal battle between the united states and china over tariffs and leveling the playing field. is the president taking the right approach in your mind? >> yes he is. he needs to take forceful but deliberate tiff approach. i have -- deliberative approach. the statement is out there. we know china is not a good actor. they're not playing fair. they're not opening markets to us. they're forcing tech transfer. so the president has got to lay down some markers. i think he is willing to do that. i thi

and congressman andy biggs on monday. until then, have a great weekend and good night. maria: welcome to mae radio ya bartiromo's wall street. the program that analyzes the week that was and helps you position for the week ahead. i'm in for maria bartiromo. let's get to the top stories dominating the news jerry willis is standing by in the fox business newsroom with the headlines. >> earning season started off with a big bang as jp morgan chase, citi group and wells fargo beat analysts expectation this courter. jp morgan beats the earnings estimates coming in at 2 $37 a share on revenue of 28.5 billion. citi reported 1 pbt 68 on revenue of 18.87 billion and well fargo has earnings per share of 1 .12. kaks cuts played a part in helping the banks this quarter as well as higher interest rates and rising bond yields which allowed bankses to charge more on loans and credit. all of this along with worries about the trade war with china and the possibilities that the u.s. is looking to join the transpacific partnership added up to a strong week for the markets as all three ind

andy biggs member of the freedom caucus and house judiciary committee, your reaction as a member of the judiciary committee to learning that the man that the fbi director testified before congress about. he didn't reference once he was a special government employee or had a former relationship with the fbi. >> yeah, this is incredible lou. can the stench get any worse? this thing with comey and his see- called friend who turns out to be a special employee. it is consistent with a ongoing drip, drip, drip. and we find out with mueller and mccabe and we should have expected this quite frankly and everybody that worked with comey and ended up working with mueller, they are all tainted in some way or the other and this is no exception. >> lou: you mention mueller, orin hatch, the senator from utah passing a law to protect special counsel from president trump's firing would be unconstitutional. and firing the special counsel would likely trigger impeachment. this is absolute balderdash. >> it is lud crews. if president trump wanted to fire him he would. mueller if there is ounce of decency,

congressman andy biggs, republican national committee chair ronna mcdaniel among or guests tomorrow. please join us. thanks for being with ustonight. good night from new york. kennedy: welcome to it. president trump putting iran on yoats, inotice, if you play gamh your nuclear program that's going to be hell to play. >> if they restart it they're going to have big problems. bigger than they've ever had before. mark it down. if they restart their nuclear problem, they will have bigger problems that they've ever ha had before. if iran threatens us in any way, they'll pais they i'm pay a pri. kennedy: the president made those comments during his meeting with macron. hosting macron at the white house tonight for his first state dinner. more on that later on. and we're going to have some live toasts. pour the bubbly now >>> the iran nuclear deal is up for renewal on may 12. the president called it the worst deal ever. the french want a three-model. at the same press conference today reporters asked president trump about the world's other major crisis in north korea. and what denuclearizat

congressman andy biggs, republican national committee chair ronna mcdaniel among or guests tomorrow.se join us. thanks for being with us h h h . now we are leaving it in the hands of lou dobbs himself. lou: good evening. our top stories tonight. the * and the first lady hosting the first state dinner of the french president say honoring french president macron and the first lady of france. the celebration comes after a full day of meetings between the two leaders. president trump today slammed the iranian deal as simply insane. >> people know my views on the iran deal. it should have never ever been made. the iran deal is

i have said that sadly, people like you, like justin amash, andy biggs. you guys are a rare breed. is there any hope for the liberty minded smog forward in terms of this chaos? >> speaker ryan's announcement of retirement is about the 45th republican who has been afound it something else, resigned, retired or left in disgrace. that presents 4 opportunities in 46 districts that were held by republican. i think we'll get more liberty-minded people in 2018 and i can't wait. kennedy: if you are going to reach out to young people, the republican party is going to make any headway. it has to be with less government and more power for the individual. that's the only thing that makes sense. thank you, i always appreciate it. we'll have more later in the show. but first up, more breaking news. president trump today met with defense secretary james mattis at the white house to discuss military options in syria. this comes after the president made no secret about how he fell about russia's plans to back up bashar al-assad. them sounds like fighting words. defense secretary mattis says the mil

congressman andy biggs, republican national committee chair ronna mcdaniel among or guests tomorrow. markets look forward, not backward and i think they are flushing out slower economy, lower earnings as we move forward. of course if interest rates go higher, nothing good happens. gerri: perfect summer of rising rates and corporate agnews. stocks around the globe. the dow was down 600 points at one point yesterday. for them, but ended the day down 424 points extending the losing streak to five sessions. drink each day to focus on interest rates and earnings from facebook, twitter. buena vista now. u.s. stock market futures are

and congressman andy biggs on monday. until then, have >> an automotive classic... >> oh, my. well, it's pretty quick. >> what is it about the corvette that has captured america? >> you have lamborghinis, and you got ferraris, but the american sports car has always been the corvette. >> it's the dream that keeps a soldier going... >> do you think that helped him get through very difficult times at war? >> absolutely. >> ...the decision that vexes his heir... >> it was the most difficult thing i've ever done in my life. >> ...the ultimate for vette collectors... >> it was an urban legend that there was this impeccably original, pristinely kept 1967 corvette. >> we got three, four... >> ...and a mystery on wheels. >> something is fishy

and congressman andy biggs on monday. until then, have huckabee join us tomorrow night. from new york. kennedy: get out now, republicans sound like phantoms from a horror movie but that's the new battle cry from fed up with republicans who want house speaker paul ryan to step down immediately. you know what? i agree. pack the bags, paul and don't let the door hit you. a number of unnamed gop lawmakers want him gone so his successor can take over before the midterms. one senior republican house member thinks he's going to be gone by the summer. and there's worry among donors that if he stays that could further divide the party. but just this morning paul stuck his finger in everybody's eye saying he has no plans to step

congressman andy biggs, republican national committee chair ronna mcdaniel among or guests tomorrow.e join us. thanks for being with us tonight. good night from new york. kennedy: welcome to it. president trump putting iran on yoats, inotice, if you play gamh your nuclear program that's going to be hell to play. >> if they restart it they're going to have big problems. bigger than they've ever had before. mark it down. if they restart their nuclear problem, they will have bigger problems that they've ever ha had before. if iran threatens us in any way, they'll pais they i'm pay a pri. kennedy: the president made those comments during his meeting with macron. hosting macron at the white house tonight for his fir

congressman andy biggs, republican national committee chair ronna mcdaniel among or guests tomorrow. please join us. thanks for being with us >> markets look forward, not backward and i think they are flushing out slower economy, lower earnings as we move forward. of course if interest rates go higher, nothing good happens. gerri: perfect summer of rising rates and corporate agnews. stocks around the globe. the dow was down 600 points at one point yesterday. for them, but ended the day down 424 points extending the losing streak to five sessions. drink each day to focus on interest rates and earnings from facebook, twitter. buena vista now. u.s. stock market futures are once again in the red print the dow is down 95. s&p 11. nasdaq and the premarket on 38. transfer interest rates today. the yield on the ten-year treasury goes back about 3% overnight for the first time in four years and right now the global stock extending the site in europe good stocks open lower. let's take a look at the ftse down 40. the cac down 24. dax down 197. 1.57%. drink your asian stocks posting losses be th

and congressman andy biggs on monday. until then, have huckabee join us tomorrow night. good knight from new york. kennedy: get out now, republicans sound like phantoms from a horror movie but that's the new battle cry from fed up with republicans who want house speaker paul ryan to step down immediately. you know what? i agree. pack the bags, paul and don't let the door hit you. a number of unnamed gop lawmakers want him gone so his successor can take over before the midterms. one senior republican house member thinks he's going to be gone by the summer. and there's worry among donors that if he stays that could further divide the party. but just this morning paul stuck his finger in everybody's eye saying he has no plans to step down now. >> there's not that's come close to being able to raise the kinds of funds i have and still can raise for the majority. it's oob yousl obviously in yout to keeping the majority that every player is on the field raising for this majority and it makes no sense to take the biggest fundraiser off of the field. kennedy: nancy pelosi is als

and congressman andy biggs on monday. until then, have a great weekend and good night.aria: welcome to mae radio ya bartiromo's wall street. the program that analyzes the week that was and helps you position for the week ahead. i'm in for maria bartiromo. let's get to the top stories dominating the news jerry willis is standing by in the fox business newsroom with the headlines. >> earning season started off with a big bang as jp morgan chase, citi group and wells fargo beat analysts expectation this courter. jp morgan beats the earnings estimates coming i

. >> julie: congressman andy biggs, great to see you. thank you so much. president trump going off script again in west virginia at this time, transforming what was supposed to be a roundtable on taxes, into something much different. whether that strategy works to the president's advantage, we will discuss. plus, the white house lost in an escalating confrontation with china on trade. it's rocking the stock market. what comes next is both countries show no signs of backing down? >> he has a great relationship with the president of china. this is business. this is the kind of business where we have to stand firm against china's unfair trade practices. guys, i know it's so hard to trust but you've got to be strong. remember janet? she got cash back shopping with ebates and hasn't been skeptical since. where'd the money come from? stores pay ebates. psh!!! psh!!! then ebates pays you. psh!!! psh!!! psh!!! psh!!! psh!!! psh!!! psh!!! psh!!! psh!!! and they'll send you a check. psh!!!! oohh!! sign up for free. shop your favorite stores. get cash back. ebates. s

is certainly engaged a perilous experiment right now with the economy doing well, andy biggs fisk ising in to is on top of that the trade tensions start creating some disruption, that sets a very negative tone in terms of markets because you have a rising deficit and potentially at least a modest disruption to growth. bond markets and equity markets are very fragile and little events can have big effects. alix: on the one hand, consumer confidence is an 18 year high. on the other hand, the consumers are net bearish on stocks. number likee a yesterday that they said might be the high watermark, what do .ou attribute to that is that just a cycle story or is it a potential risk story? the company's still in global economic recovery seem to be doing well. it seems to have been losing a little bit of momentum, what is happening with the fiscal position and trade. theof that starts getting opinions of people even more because this idea of creating a leveling off of momentum or decline and momentum, there is a lot less space to work with, especially in terms of fiscal policy. that means the

joining us now congressman andy biggs republican from arizona.ave out there, we hear it over and over again. i'm sure you hear it every day in d.c. what do you say? obviously the republicans are taking it seriously with this kind of money. >> that's a good sign. the money is a good sign. i have to tell you think we're messing up we have a lot of people not running with the trump agenda. they're running away from the trump agenda. i think we'll lose that if we run toward the trump agenda, talk about the things trump has done well, not what he has done well, how we will facilitate passage of the agenda, everything from the immigration issues to the tax issues to the regulation issues, to the appointment of judges, that we'll be there to help further this agenda get it done quicker than we've done in congress, that will help us staunch of the blue wave, keep both houses. charles: i tend to agree with you, particulary on the economic side. we learned in january, 600,000 fewer americans on food stamps. the number at a level we haven't seen since 2010.