deirdre: okay. long term a bull. speaking of volatility, michael lee, on this point: how much risk do you see in the stock market? we spoke last week, third avenue management, this mutual fund basically refusing to give investors their money back. that's supposed to be one of the safest vehicles out there. >> well, high yield's a little bit interesting in that -- deirdre: mutual funds, i mean. >> oh, yeah, no. in mutual funds, but high yield you've got kind of an interesting play here. i think maybe what you saw in oil close to a year ago and that you're starting to see a little bit of an unwinding in that the fed's going to raise rates, and i think the high-yield market has gotten there ahead of the equity markets and the bond market and the federal reserve itself. i mean, the federal reserve's a little bit behind 8-ball. maybe raising in september or june might not have been a bad idea. so i think the high-yield market has gotten there quicker than everybody else. and also you have dealers that ar

deirdre? deirdre: jo ling kent joining me there, fox business, right in front of the toys "r" us store in times square. >>> oil down for the day. stocks fell. if you look at dow by triple digits. with their take on what to do with your money in the new year, janet montgomery and mark and hilary kramer with me now. best idea for the new year, what is it? >> you really want to be in dividend yielding stocks. i love domed harufs, paper company, smaller yield company, go for the companies that the activists go for so you have many reasons why the stock is going up. deirdre: i like that idea. this year a lot of stocks helped or hurt activist investors. valeant hurting hedge fund managers. mark, when you looked at market, when you see opportunity, what looks good to you for the new year? >> we agree with hilary's view on dividend paying stocks. out of favor over the last couple of years as investors bought growth at any price. you see terrific valuations, perhaps a sleeper pick in the telecommunicat

deirdre: why taking us around the world. >> thank you. deirdre: thank you. breaking news from mark zuckerberg, he also announcing ha giving away 99% of his facebook stock to charity that is $45 billion, how and why coming up. >> first fox business has been sifting through all 5,000 new hillary e-mails. if you don't believe how her staff reacted to some, we'll show you, we're back in just a few. >> i understand. >> was it because of a protestor guys out for a walk some night, what difference at-this-point does it make. through good times and bad. for over 75 years, our clients have relied on us to bring our best thinking to their investments so in a variety of market conditions... you can feel confident... ...in our experience. call a t. rowe price retirement specialist or your advisor ...to see how we can help make the most of your retirement savings. t. rowe price. invest with confidence. >> what it because of a protest, what difference at-this-point does it make? deirdre: number of classified e-mails from hillary clinton, nearly 1,000, some reveal how free

deirdre: all right. let's listen to some of the gop candidates who at least today do not share your particular view on that subject. >> that overreaction is as dangerous as barack obama's underreaction. so let's see, we're now going to violate the constitutional rights of citizens because of donald trump? he is mobilizing anti-muslim sentiment. he is preying on fears of the american people. it is called rabble rousing. >> this is the kind of thing that people say when they have no experience and don't know what they're talking about. we do not need to resort to that type of activity, nor should we. >> he is a raise-bating, xenophobic religious bigot. he doesn't represent my party. he doesn't represent the values men and women who wear the uniform are fighting for. you know how you great america great again? tell donald trump to go to hell. deirdre: he started conversation for sure. in fact "philadelphia daily news" this, is the headline, you may have seen this, donald trump, compare him to hitler with th

deirdre: dr. paul, i like what you said about the distinction between military spending and defend spending. i'm not kidding, no candidate has spoken clearly enough about that. speaking of which, obviously your experience shines through. you ran for president three times. we want to play for people who have not seen it yet your son went after ted cruz and marco rubio in this ad. >> we're welcomed into america by the federal government, given public housing, and public assistance. as refugees. here they attempted to send heavy arms to al qaeda and plotted an attack on an army captain in america. and yet, some refused to learn from mistakes. >> we have welcomed refugees, the tired huddled masses for centuries. that has been history of the united states. we should continue to do so. >> we've always been a country willing to accept people who have been displaced. i would be open to that. >> but rand paul sounded the alarm. deirdre: this evening on the debate stage, obviously fighting terrorism and ess

deirdre: the u.s. and iraqi soldiers retook a can he city from the islam state thanks in part to the coalition, iraqi forces flying their flag above a government complex and celebrating. welcome to risk and reward i'm deirdre bolton, a hope turn of events in ramadi, iraq, 50 miles from baghdad now iraqi forces and u.s. coalition are resting control back from the terrorist group. fox news strategic analyst ralph peters is with me now. colonel, one iraqi newspaper estimates the islamic state still controls about 20% of ramadi, 25% is contested, how sure is this victory? >> well, the iraqi forces unless for some reason they just quit will finish retaking ramadi. it's going to be messy. urban warfare the street fighting with booby traps and ambushes and snipers, you can only go so fast, and it's always ugly. but they will retake it. and that's important. it's a significant tactical victory militarily. it's a big pr blow for islamic state. but once the battle is over, once the shooting more or less stops in

deirdre? deirdre: peter, thanks as always, peter barnes. we're going to continue on your theme, peter, part of donald trump's attack on hillary clinton extends to her husband and co campaigner bill clinton. >> if you look at different situations, of course, we could name many of them, i can get you a list and have it sent to your office in two seconds, but there were certainly a lot of abuse of women, and you look at whether it's monica lewinsky or paula jones or many of them, certainly will be fair game, certainly if they play the women's card. deirdre: mindy fin, chris hahn, mindy, what can trump say about bill clinton that people don't already know? >> i don't know that it's that he's saying something people don't already know, he's reminding the people the clinton machine, bill clinton and hillary clinton together, can't be trusted. they insulted the american people in the past. bill did when he lied about the monica lewinsky scandal. that while now while hillary is running on being a champion for women and being a champion for those le

deirdre: when we come back. loretta 1 -- loretta lynch. >> we'll have that concern vision when we comeback. >> we examine a number of issues related to chicago police department use of force, including deadly force. and it accountability mechanism. >> u.s. department of justice is open a civil right investigation into chicago police deputy after laquan mcdonald was shot numerous times by a police officer. what is your take on loretta lynch's investigation? >> i wish the obama administration and a g lynch would take the same approach in our country going after the terrorists, here there are confirmed 72 members on the dhs, that are on the terrorist watch list, that is where instead of supporting our protectors in law enforcement, heroes who risk their live to protect us they are going on an all out attack across america. deirdre: you say, this government is tougher o police forces right now than they are on people who attack civilians. >> in law enforcement we call this a clue. that obama and loretta lynch, if th

deirdre: now we go to washington d.c. and paul reilly and. >> talking about the ongoing tragedy in california today. the would like to have a brief moment of silence for those who are affected please keep the victims and their families in your prayers right now. this is my first time holding in hosting this ceremony now i can appreciate everything that went into it. 4,000 miles of travel, too thousand handmade ornaments, hundreds of essays written by hundreds of students including our special guest. deirdre: that is house speaker paul ryan speaking for the national tree lighting ceremony in washington d.c. bar right now you're looking at a live feed from a local partner in san bernadine no california. we're speaking about the language of us in pretty now is using. >> i will sing the focus is on the conference room where most of the fatalities were reported. at the time it was rented by the san bernadino department of public health to whole day holiday banquet so it seems strange that was targeted or what may have led to t

i'm deirdre bolton. the fbi is probing the san bernardino attack as terrorist attack. >> based on information and facts as we know them, we are now investigating these horrific acts as an act of terrorism. >> this is now a federal terrorism investigation led by the fbi. and the reason for that is, that the investigation so far has developed indications of radicalization by the killers, and of bow tension inspiration by foreign -- potential inspiration by foreign terrorist organizations. deirdre: the attack left 14 people dead, 21 people wounded. investigators are looking a facebook post by tashfeen malik implied others were involved. the facebook post was in different name and shows a pledge to isis. earlier, numerous journalists wept into the shooters apartment in redlands, california. jeff flock was there. any clues that were found in any that speak to larger potential connections? reporter: deirdre, i was not one of the journalists that traipsed through the house t was a bizarre scene, landlords of co

i'm deirdre bolton. the u.s. and more than 30 countries are working together to stop the cash flow to isis. banks around the world, pledging to work together, pledging to send each other alerts when there are suspect cash movements and withdrawals. meantime, retired lt. general tom mcinerney is with me now. general, thank you for the time. do you think this first, ever, security council session, led by finance ministers this, is the first, can actually help to fight terrorism? >> i think they can, deirdre. i'm absolutely delighted. but where were they 16 months ago? again, this is, is this administration, and is the u.n. serious about defeating islamic terrorism? that is the question. and by, again i applaud them for doing it but where were they 16 months ago? dierdre: where were they 16 months ago is the right question. as you already know, general, isis by far is the richest terrorist organization in the world, appropriating farmland, selling stolen oil, extortion, kidnapping, donations as well from rich benefa

deirdre: stocks with the worst week in months. oil hit knew seven-week lows. the dow fell by 300 points. a mutual fund blocking investors from withdrawing their own money. lori roffman with me now. how much did energy dragged on the market? >> energy is the culprit in a couple of different ways. when you have the price of crude oil falling at three 1/4%, 35three and a quarter percent, 35 and change you are freaking people out. the fear gauge popped up to a level of 24. his average is a level of 20. that is a 27 percent pop in one day. investors are panicked. the speedy decline in the price of oil. scared so many investors. we are back in that same place. in terms of the declines you mentioned the mutual fund. here is the tie-in. third avenue management. high-yield bond. and a lot of that is exposure to energy. you have oil falling to $35 a barrel. a lot of folks are feeling exceptionally nervous about it and trying to get their money out. trying to protect the investment so you don't have a huge run. all of this against the backdrop of the path. the most highl

deirdre: the u.s.qi soldiers retook a can he city from the islam state thanks in part to the coalition, iraqi forces flying their flag above a government complex and celebrating. welcome to risk and reward i'm deirdre bolton, a hope turn of events in ramadi, iraq, 50 miles from baghdad now iraqi forces and u.s. coalition are resting control back from the terrorist group. fox news strategic analyst ralph peters is with me now. colonel, one iraqi newspaper estimates the islamic state still controls about 20% of

if you are willing to go a little contrarian. >> all right, deirdre. thank you so much.t's going to be interesting to see how investors find what trade they select now that we're in a new era. >> absolutely. you got to look at some of the history too. at least see what has happened in the past to think, okay, some of the most crowded trades will not turn out this time around. >> deirdre, thank you. >> meanwhile, we want to show you shares of jp morgan because we are getting some news coming out of washington. a settlement 267 million dollars with the s.e. krmplts. the bank will also pay $40 million to the commodity futures trigd commission. this is over asset management disclosures. there were complaints that potentially the bank's asset management division was steering some mutual fund customers into their own products that were under performing versus better performing but nonproprietary products. the s.e.c.'s enforcement division saying firms have an obligation to confirm all conflicts so a client can fairly judge the investment advice they are receiving. this has bee

welcome to "risk & reward" i'm deirdre bolton.e analysis on oil and your money with the fed rate decision. it affects all kinds of borrowing including mortgages. for more on energy trade we'll take you quickly to chicago because phil flynn is there from the cme. phil, what do you make of the snapping losing streak for oil? >> i think what i make of it, with a very crowded trade. if you look at commitment of traders coming into this week, we had more speculators going short oil than ever in the history of this contract. when you get people going in one

i'm deirdre bolton.he fbi is probing the san bernardino attack as terrorist attack. >> based on information and facts as we know them, we are now investigating these horrific acts as an act of terrorism. >> this is now a federal terrorism investigation led by the fbi. and the reason for that is, that the investigation so far has

deirdre, we'll see you at the top. hour for "risk & reward." david. to hurt their sales. battle for the white house, why the 2016 race is driving one veteran who says business days of our lives might behind us. kylie jenner is breaking the internet. we'll tell you what that is about, coming up. if youthen you'll know howouth, uncomfortable it can be. but did you know that the lack of saliva can also lead to tooth decay and bad breath? well, there is biotene, specially formulated with moisturizers and lubricants. biotene can provide soothing relief and it helps keep your mouth healthy too. biotene, for people who suffer from a dry mouth. approaching medicare eligibility? you may think you can put off checking out your medicare options until you're sixty-five, but now is a good time to get the ball rolling. keep in mind, medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized medicare supple

deirdre, thank you very much. we'll see you at the top of the hour for "risk & reward." hoenig is back with us now. i know you have something to say about ashley madison before we move on. >> well, melissa it is hacks. hacks are a way of life now. one in five americans had their credit card numbers stolen this year. we essentially gotten used to it. ashley madison kind of got headlines, but anthem, blue cross, chik-fil-a, sony, staples, home depot, all these companies had customer accounts hacked at some point in year. melissa: yeah, you're right. that is the point of that story. thank you for keeping it clean and honest. speaking of honest, removing a quote, honest tea, is removing quote from its bottle caps. they claim it is not meant for a political statement. the quote from trump said, if you think anyway, you might as wealthy big. i love that. jonathan, i want to ask you, because i know these guys, we had them on the show. they are honest. it is called honest tea. it is intended to be inspirational, we change them up to keep our fans engaged. elimination of mr. trum

deirdre: all right.onald trump is postponing a planned trip to israel for later this month, republican candidate tweeting out today he will reschedule at a later date quote after i become president. this comes after benjamin netanyahu had been urging the cancelation of it because of trump's call to ban muslims from the united states. a move trump defended on last night's o'reilly factor. >> we're not insulting. this is about security, it's not about religion. this is about security. we cannot allow people to come into this country that have horrible things on their mind. >> all right. deirdre: something that we just heard tom the general back up saying that this is a matter of national security. we'll play this comments for you shortly. but anyway the reality here is these controversial comments -- and they are controversial, they're not hurting trump at all in the polls. in fact, in the last national poll taken partly after those remarks, trump is twice as high as his rival republicans, his closest oppo

deirdre bolton joining us. this may be new for apple but not a new concept, isn't it?o, it is not. for most part people rely on third party manufacturers. mof ipacs are popular or people running around looking for electrical outlets for six phones, carrying around a phone. apple is saying for $99, just in time for the holidays, buy either a charcoal or a white slip on. now, here is some details. it is going to be available for the iphone 6 and iphone 6s. no word yet on if apple is going to release one for the big one, the one that looks like the poptart, david, the 6 plus or some older phones. but this idea that you're going to have 25 hours of power and for most people who do have an iphone 6, you know, cell phone life, battery phone life, created anxiety for many. david: my daughter is always claiming, dad, i didn't call you back because my battery ran out on the iphone. will buy her one. deirdre, good to see you thank you very much. see you at top of the hour for "risk & reward." melissa. melissa: intelligence officials warning that one u.s. program could make it ea

deirdre: a major hack revealed target is our national power grid, i am jolene kent in for deirdre bolton. in 2013, "wall street journal" reports said that cyber spies had access to control system of the structure used for flood control, frances townsend said that it illustrates your growing vulnerability, what could this have done if the hack had succeeded? >> it would have been devastating, when any group takes control of a industrial control system it is the brain of any industry complex until you can open up the water system, there is a series of things if you took control of the system, that consequences would be serious. >> it is surprising we've not seen this happen already, given the antiquated nature of the sim. wwe know that the dams and pipelines, are all targets if for the attacks, does it predate the internet. >> most of these systems put in place before there was any connection for them to be internet. they are antiquated systems. >> what do they look like? >> interesting what is all intended to do if you imagine a command center, you can sit in a single room, control the fl

deirdre: celebrations around the world are called off due to terror alerts.k & reward." i'm deirdre bolton. belgium cancelling new year's eve fireworks display in brussels. in turkey, authorities arresting two suspected isis terrorists. saying the nation's capital of ankara was the target as people rang in the new year. those celebrations canceled as well. retired gunnery sergeant jessie jane duff is with me now. sergeant, great to have you here, i want to talk about brussels and ankara, but i want to ask you first, how safe are

i'm gerri willis in for deirdre bolton. we'll have more details on the mysterious neighbor who helped get the guns that killed 14 innocent americans. enrique marquez legally purchasing ar-15 rifles will likely be indicted after having provided substantial information to investigators about farook malik and their acquaint nances. listen to this, fbi divers searching a lake in san bernardino. fox news's adam housley joins me with more on that. adam? reporter: gerri, this search began two half hours ago here in sicum park. city park in downtown san bernardino. we're told by fbi this is in direct relation to terror case in its ninth day. a diver sitting onshore. he put his gear back on. come out half an hour ago, put his gear back on getting ready to go in. is this two divers or that will go in. they put masonry block with twine tied around it. we're not sure if something sat tom point was tied to that. they're looking for something specifically evidence in nature. not bodies or anything like that at all. evidence in nature. an

that's 20 minutes, deirdre, we saw that very dramatic fireworks display. again, the fire on the right-hand side, huge question marks are going up with that smoke. >> and, liz, you mentioned it. i mean, already in brussels, the center of belgium, they actually called off new year's eve, the fireworks celebrations there. you mentioned it. and from some of the sources that we both -- i mean, two million people are expected to be, as you rightly point out, on the left side of the screen celebrating normally. but hen, yeah, you do -- but then, yeah, you do see this fire ranging supposedly from the 20th floor up. liz: 20th floor up and, again, everyone is nervous. you have to believe that the entire region is worried, concerned and jittery because of all that's been happening with isis, san bernardino, paris where you went right for the aftermath of the horrific shootingsing that murdered 130 -- shootings that murdered 130 people. >> indeed, liz. anytime when there is a big group of people, turkey calling off a celebration in ankara because of a real and credibl

deirdre: protesters clashing with police on the streets of chicago just moments ago, i am gerri willis in for deirdre bolton on a busy news night, hundreds of protester flooding streets demanding mayor rahm emanuel's resignation after coming out and apologizing for the shooting death of laquan mcdonald. >> i take responsibility for what happened, because it happened on my watch, if we're going to fix it, i want you to understand it is my responsibility with you, we're also going to begin the hailing process, the first step in that journey is my step. i am sorry. >> a rare political apology, protesters say that mayor a administration relayed the realize of the deadly shooting video during his reelection bid. fox news reporter, is joining me now. what do you see on the ground. reporter: the mood and energy is changing by the moment. for past hour, there was a minor meeting between the frommes protest ors and police, some leaders of protesters met with police, almost looking like a discussion, then police allowed protestors to continue marching. the protesters have covered several miles a

deirdre: protesters clashing with police on the streets of chicago just moments ago, i am gerri willisfor deirdre bolton on a busy news night, hundreds of protester flooding streets demanding mayor rahm emanuel's resignation after coming out and apologizing for the shooting death of laquan mcdonald. >> i take responsibility for what happened, because it happened on my watch, if we're going to fix

deirdre: a major hack revealed target is our national power grid, i am jolene kent in for deirdre boltonournal" reports said that cyber spies had access to control system of the structure used for flood control, frances townsend said that it illustrates your growing vulnerability, what could this have done if the hack had succeeded? >> it would have been devastating, when any group takes control of a industrial

deirdre: email threat traced back to an i.p.ess in germany forces all los angeles schools to shut down. this is "risk & reward." i'm deirdre bolton. after the san bernardino massacre, the l.a. superintendent decides to keep kids at home. >> i know it is cold. we're making every effort to see that we get notification to parent as soon as possible. but i am not taking the chance

david: deirdre, we'll see you with more at 5:00. for "risk & reward.": 2016 candidate running away with the vote and it's not donald trump. david: i hope it is not putin. melissa: we'll see. music's biggest night. contenders for this year's grammys, taylor swift gotol competition from the top. the life behind it. ♪ those who have served our nation have earned the very best service in return. ♪ usaa. we know what it means to serve. get an auto insurance quote and see why 92% of our members plan to stay for life. i accept i'm not the rower i used to be.. i even accept i have a higher risk of stroke due to afib, a type of irregular heartbeat not caused by a heart valve problem. but i won't accept is getting out there with less than my best. so if i can go for something better than warfarin, i will. eliquis. eliquis reduced the risk of stroke better than warfarin, plus it had significantly less major bleeding than warfarin. eliquis had both. that really mattered to me. don't stop taking eliquis unless your doctor tells you to, as stopping increases your ris

jo ling: welcome to "risk & reward" i am jo ling kent in for deirdre bolton, iraqi forces -- driving out militants from ramadi, welcome to the show. it will be second largest city after tikrit to be taken back from isis in 18 months, is this a turning point? kt mcfarland is joining us, ramadi fell to isis in a embarrassing defeat back in may, will they be able to take ramadi back? >> we'll see, i talked with a military office who was in east, said a lot of of apartments and buildings are booby-trapped, it could be brutal, and there are a number of civilians. time will tell. jo ling, here is what i think. is reality in the middle east, iraq, the iraq that we think of, unified iraq, does not really exist, in the in order are kurds, middle sunnies, and southeast he i shiites, everyone group will fight to defend itself but not for the other. that is a problem. jo ling: you mentioned that problem that points to statist call changes, isis lost 14% of the territory in syria, what would a win in ramadi mean in overall fight against isis? >> it would depend on who is doing the winning in rama

protesters are moving to it is run holiday travel, welcome to "risk & reward," i am jo ling kent in for deirdre bolton, plaque lives matter protesting at the mall of america today. they were rebuffed by police, now on the move to minneapolis st. paul international airport much to release video footage of a 24-year-old unarmed plaque man -- black man jamar clark of minneapolis. ahead of the planned protests, the mall of america failed to win a court order to prevent the protesters from coming in. three organizers were banned by the judge, but the judge said she would not be able to stop the others from showing up, they did. governor sent state troops to the scene, what do you think? should they be able to protest at a busy airport. >> look, i am a proponent of first amendments and all of bill of rights, second impeachmenamendment too. i believe people have a right to protest. but i will tell you about a conversation, with a friend of many, these people, black lives matter are using 20 centurytactics for problems of the 21st century. they do have real problems. the median income for blacks in the

deirdre said it, only a third of the 3-m sales come from the u.s. so never the dollar exposure, a lot of exposure to the emerging markets. here is one where they cut earnings twice in two months. i suspect you will see another cut in q1 where the balance of 2016. so the stock trades at about 18 times expected earnings in 2016. why should that trade above a market multiple? a lot will follow in the next few months. >> there's an interesting sub story, well, maybe not a sub story, but what's happening with consumer electronics. dennis, the company cut the demand because it doesn't see smartpho smartphones, tablets or televisions generating the growth it was expecting. another analyst, sara made the point, it looked at weak apple chain data points, they provide the related component, they don't think it will sale see sales growth next year. >> that's a problem. they're seeing it across pockets of their business. up they make -- they make 16,000 different products, everyone mentions tape and post its and bandages, but a lot of the problem is oversea, 65

deirdre: stocks with the worst week in months. oil hit knew seven-week lows.fell by 300 points. a mutual fund blocking investors from withdrawing their own money. lori roffman with me now. how much did energy dragged on the market? >> energy is the culprit in a couple of different ways. when you have the price of crude oil falling at three 1/4%, 35three and a quarter percent, 35 and change you are freaking people out. the fear gauge popped up to a level of 24. his average is l

protesters are moving to it is run holiday travel, welcome to "risk & reward," i am jo ling kent in for deirdre, plaque lives matter protesting at the mall of america today. they were rebuffed by police, now on the move to minneapolis st. paul international airport much to release video footage of a 24-year-old unarmed plaque man -- black man jamar clark of minneapolis. ahead of the planned protests,

jo ling: welcome to "risk & reward" i am jo ling kent in for deirdre bolton, iraqi forces -- drivingmadi, welcome to the show. it will be second largest city after tikrit to be taken back from isis in 18 months, is this a turning point? kt mcfarland is joining us, ramadi fell to isis in a embarrassing defeat back in may, will they be able to take ramadi back? >> we'll see, i talked with a

i'm deirdre bolton. the u.s. and more than 30 countries are working together

dagen: deirdre, what are you looking at? >> i think all the points you raised.ina and the strong dollar. i feel look there was a lot of angst to have the s&p 500 unchanged and i think this tug-of-war, especially with what the fed is doing continues in the next year. you mentioned netflix and amazon. these stocks are amaze, i wrote these down. netflix up 140% and amazon doubling and the nasdaq knocking it out of the park because they don't have energy stocks. dagen: i'll point out one of keith's favorite stocks is mcdonald's. mcdonald's is one of the biggest winners in the dow already. you still like it because i'm going to ask you that in terms of your positioning with very solid no leverage economy. >> we don't agree with the economic outlook of concensus. we're developing into the u.s. recession and the credit cycles in the third inning and eventually start to see the currency war play out to its final, we internally call it the game of slowing, instead of game of thrones. you have mutually assured destruction among central planners who think they can devalue

i'm gerri willis in for deirdre bolton.ore details on the mysterious neighbor who helped get the guns that killed 14 innocent americans. enrique marquez legally purchasing ar-15 rifles will likely be indicted after having provided substantial information to investigators about farook malik and their acquaint nances. listen to this, fbi divers searching a lake in san bernardino. fox news's adam housley joins me with more on that. adam? reporter: gerri, this search

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deirdre: this evening on the debate stage, obviously fighting terrorism and essentially addressing the refugee crisis is probably going to come up a lot. what is the best way for the u.s. to manage all the refugees who want to come here? >> well, you can't just say, open borders, anybody come, because it is a tremendous financial subsidy. in the old days, many people came, they came on their own and paid a fee to come in and wept through a process. today if you take in 10,000 syrian refugees or anybody, there are more than syrian refugees. a lot are from african, from different countries there is a lot of money being spent. so no tax money should be spent subsidizing immigration and, migrants coming in. but you once again have to see