mick mulvaney, kevin brady >> and we'll start with this -- >> we were in the rotunda before the echot went up and down. >> we were in the rayburn building >> is that where that was? >> across the street >> nothing like that that's a -- i would like to take that home with me. i would need a truck amazing. beautiful. any way. let's look at the markets. look at that father of our country. he was something brave. never told a lie >> never told a lie. contrast that. let's not go there u.s. equity futures at this hour are showing triple digit gains, up 150 points. >> you said it >> i did i got accused of that yesterday by someone up 150 is pretty good. netflix is not hurting nasdaq up about 57 overnight in asia, we'll check those boards and the european boards nothing that significant happening. weakness on the hang seng. and european equities. i looked at these earlier. solid session we had yesterday treasuries, we were lulled into thinking we would go to 2.63. 2. 2.84 on the ten-year >>> netflix posted earnings in line with expectations revenue for netflix was above estimates. we'll talk

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have a huge lineup including house speaker paul ryan, kevin mccarthy, ways and means chairman, kevin bradyirector mick mulvaney, senator perdue, kevin hassett and many more. "squawk box" in washington, d.c., starts tomorrow at 6:00 a.m. eastern don't miss it. into retirement...g and a little nervous. but not so much about what market volatility may do to their retirement savings. that's because they have a shield annuity from brighthouse financial, which allows them to take advantage of growth opportunities in up markets, while maintaining a level of protection in down markets. so they can focus on new things like exotic snacks. talk with your advisor about shield annuities from brighthouse financial- established by metlife. yes or no?gin. do you want the same tools and seamless experience across web and tablet? do you want $4.95 commissions for stocks, $0.50 options contracts? $1.50 futures contracts? what about a dedicated service team of trading specialists? did you say yes? good, then it's time for power e*trade. the platform, price and service that gives you the edge you need. looks l

joining me right now is congressman kevin brady of texas. thank you for joining us.at we get this poll that says most people don't see the tax plan as a positive. >> the narratives been so brutal for the past year. but when they asked the questions, maria, you get different answers. when you ask people should you be able to keep more of what you worked hard to earn, you want to see the standard deduction doubled, do you want to get more help raising your kids, do you want to see the paychecks rise, the answer invariably yes. a general comment, you get a different answer. back home, main street optimism is at an all-time high. people are ha appreciating keepg what they earn. we're seeing dollars being invested in america, exactly the opposite of what we've seen for two decades. i think it's very positive. >> maria: this was very powerful legislation. we've seen already a big impact with animal spirits really moving in the corporate sector. let me ask you about phase two. do you want to do a phase two tax cut plan? >> i do. it's probably different than what most people

i hope you were catching congressman kevin brady. he talked about this issue. he's in a border state of texas. he says basically it is an open border situation. i'm paraphrasing, but it's also what the president said. why don't democrats want to deal with that? >> that's a good question. i think the democratic party has moved to the left on this issue. >> harris: what is left of national security? >> look back during george w. bush's term. you had them vote for the secure fence act which would have put up a border, barrier, wall. >> harris: some of that money was allocated for that. >> some of it was later taken back. democrats used to be on board with a border wall. they didn't have to have all these other preconditions. >> harris: what changed? >> i think the party's become more liberal. their base has demanded that they want to be more open borders. they want to have a bigger broader amnesty, if you will, and they need certain preconditions met for them to give any ground on this. who's to blame for that? i think voters will end up deciding on that in the fa

i'm going to play a sound bite from a guy you know, representative kevin brady. >> excessive federal spending is our disease. large federal budget deficits and accumulating federal debt are symptoms of this disease. if you cure our spending disease, the symptoms will vanish. if you treat the symptoms, you may temporarily alleviate some of the pain. but over time our economy will continue to weaken. our international competitiveness will erode and our children will become the first generation in american history that is poorer than the previous generation. >> bret: that was 2011. still true today? >> it is. the cbo report, not reported by very many is that tax revenues in america actually grew after tax reform. so, it's the spending that grew faster. so, my point is that we don't have a revenue problem. we have a spending problem. and that's where we need to focus our efforts. i'm convinced we could start with the rescission package of savings cuts that the president is proposing working with congress. secondly, and i think this would be, i think, a major signal to america. the house

that's something that kevin brady, the chairman of the ways and means committee, pretty much said that they realized that the i.r.s. has its work cut out for it already, implementing the new tax law. so they're sort of holding off on a really broad restructuring of the agency which is something that he and other republicans had envisioned earlier. brady talked a lot about busting up the i.r.s., as he said. but that's not really what this bill is. it calls for the i.r.s. to come up with some sort of plans for improving customer service, but there's tial nothing immediate in terms of reforming the agency. host: pill sticks still on the. speaker ryan tweeting this as being the last day, last tax day of our old tax system, unthe new code american families will see an average tax cut of $2,059. lower tax rate, nearly double standard deduction, double child tax credit. democrats responding with -- host: so the fight over that tax cut bill continuing despite the bipartisan support of these i.r.s. bills. reporter: that's right. that's something we expect to see through the midterm elections in

direct benefits of the tax cuts and jobs act with the leadership of our chairman of ways and means, kevin brady, the extraordinary service of speaker paul ryan, our leader kevin mccarthy and our secretary of the conference, virginia foxx of north carolina. the jobs have been created in such a remarkable way that african-american unemployment is the lowest since the bureau of labor statistics started tracking in 1972. it is the lowest that has ever been recorded. the level of unemployment for american women is at the lowest rate in 20 years. and 14 states have recorded record low unemployment due to new jobs by reducing regulations and taxes, a positive agenda. we are here to highlight stories across north carolina and south carolina of every day families and small business owners getting to keep more of their own hard-earned income. i would like to yield to my good friend, congressman ralph norman who represents the 5th district of south carolina. he was just elected in a special election last year, but already he has been here to make a difference on behalf of the people of south carolina and

now let's get to what we hear is going to be the second round of tax cuts joining us now kevin brady a tax writing committee. congressman, welcome to the show. if i may -- i would like you to be specific, we know you're going to try to extend individual tax rate cuts we've got that. you told fox and friends this morning that you would take steps to help people save. what specifically do you propose? >> e yeah, so i think the permanent, obviously, for families is very important long-term. but big impact look families now it is very early into the new tax code but already we're seeing rising wages more jobs here in america. but we know most americans have saved little or nothing for the picture we think that tax code can do more to encourage family who is say earl yerg and more throughout their lifetime. we think the tax code can do more to help businesses offer -- >> wait, how would you -- how would you get individuals to save more? i mean, for example, make 401(k) you've got to opt out as -- you're in automatically. could you do that? >> yes. so that is one of the ideas that we're lo

i think the american people will -- >> bill: thank you, kevin brady.ou have a big job ahead of you. come on back real soon. we're getting ready, sandra, in a moment to hear from both men from the south lawn. >> sandra: a remarkable moment to look on at the visit of macron and which is wife. this is a three-day visit. the state dinner will be held tonight. the first of president trump's presidency. he is joined by cabinet officials, lawmakers, military families, military band playing right now and others to greet to french president with, as you have noticed, much fanfare. beautiful music, flags flying indeed. what a moment for this country. >> bill: what a sound. [band playing] ♪ >> bill: they began their good evening last night with a helicopter ride down to mount vernon. had dinner down there. as i mentioned before these two couples seemed to grow in their relationship and necessary given the events around the world facing their country and our country at home. you'll see a lot of them over the next day and a half. the ceremony at the moment will hav

an easier process we'll have some information on what to expect next year we have representative kevin bradyhing that tax bill he'll join us along with kevin mccarthy and house speaker paul ryan steve mnuchin, the treasury secretary. mick mulvaney, representative steny hoyer. we have senator david perdue many more names. all of them coming to you from the capitol. you may have been here before and wondered how they keep the floors so shiny as you walk through. i know the secret. i saw it this morning. you know what it is? >> what? >> a zamboni >> the congressional zamboni >> yeah. it's pretty amazing. first time ever i have seen it >> that should be the morning rbi. i can't wait to see the show and the shiny floors. >>> joining us is darrell cronk from wells fargo i will ask you this, how is the stock market continuing to rise every single day the last couple of weeks is it all earnings >> i think it is anticipation of earnings what i have watched lately, the real barometer for earnings is a couple things. one is what companies will give us for forward guidance and how much trade tariff talk

kevin brady, is he an easy sell?rthy. >> mccarthy, sorry. >> mccarthy and soliz the most likely. >> it didn't happen. the benghazi hearing was all about destabilizing hillary clinton. >> that was not arguably the big of one. a lot of rumors on the hill. paul ryan had unique moral authority. that's why this is such a bombshell. look, there is no way to spin this as good news for republicans in a tough midterm reelection year. it has all the appearance of a captain getting off a sinking ship. it sends is a terrible message. >> thank you very much. a trump judicial nominee refuses to say whether she agrees with the supreme court ruling to desegregate schools. details ahead. kevin, meet your father. kevin kevin kevin kevin kevin kevin kevin kevin kevin kevin trusted advice for life. kevin, how's your mom? life well planned. see what a raymond james financial advisor can do for you. this is the story of green mountain coffee roasters dark magic told in the time it takes to brew your cup. first, we head to vermont. and go

. >> julie: congressman kevin brady, you so much, we appreciate it.e went as the president continues to consider the possibility of military force in syria, a number of lawmakers looking to weigh in o. they say it's time to update a piece of legislation that dates back 17 years. we will fill you in on that. and president trump and republicans are getting back hard at james comey after the former fbi director slammed the president and his book as someone who is quote untethered the truth. >> i spent more time in the oval office in a given day than this man got to spend with the president over the course of his very brief tenure before he was fired. taking one or two or three meetings of the president and retroactively putting his own spin on them. >> julie: fox news alert, a hearing underway on the fbi rate the president's personal attorney michael cohen. according to the associated press, lawyers telling the judge information seized in an fbi raid earlier this week is protected by attorney-client privilege. michael cohen has hired to my from using tho

because the house ways and means committee chairman kevin brady released a statement, we'll make sureeal includes investor state dispute settlement. an important provision that allows american companies to sue them if treated unfairly. specifically the co-chairman says president trump must live up to the rhetoric and deliver to his agreement that stops outsourcing american jobs, protects the environment and gets rid of special protections for corporations. republicans may need most of the house votes to get revised nafta through. they are trying to get the deal done before july 1st and when the mexican election is and before our midterm elections. trish. trish: president trump vows to put america first and threatens to regularly to walk away from nafta unless major changes are made. >> nafta has been great for mexico coand worse for us. nafta is the worst trade deal like in the history of this count nafta has been a terrible for united states. we're pursuing a total renegotiation of nafta. and if we don't get it, we will terminate that is, end nafta forever. trish: did you get that? f

kevin brady of house ways and means hinted there could be a phase two to tax cuts, he will give us exclusiveaffetz fox news contributor. rob: i saw you golfing over weekend. or car looking pretty good, tan. >> thank you. i stayed per nect, in the background you hear my wife say, is it supposed to go in the water like that. [laughter] carley: i like your wife. rob: keep practicing. we will be right back if you have moderate to severe plaque psoriasis, or psoriatic arthritis, little things can be a big deal. that's why there's otezla. otezla is not an injection or a cream. it's a pill that treats differently. for psoriasis, 75% clearer skin is achievable with reduced redness, thickness, and scaliness of plaques. and for psoriatic arthritis, otezla is proven to reduce joint swelling, tenderness, and pain. and the otezla prescribing information has no requirement for routine lab monitoring. don't use if you're allergic to otezla. otezla may cause severe diarrhea, nausea, or vomiting. tell your doctor if these occur. otezla is associated with an increased risk of depression. tell your doctor if y

kevin brady, the republican from texas, is weighing in saying that he achieved so much in such a shortn. he said he is so grateful for the optimism and leadership of the speaker. the main reason we have the tax plan, and that he is leaving. someone else weighing in saying it is because of his young family. he believes in family and serving this country with class and integrity. >> that's fair. there can be multiple reasons for someone to step down in a situation. i agree with guy that the family issue really has weighed on his conscious. his father died when he was a teenager. the idea of him being away from his kids bothered him. he would take his weekends at home. he has been able to get his fundraising done during weeks when they are not in session in congress. he has been pretty effective as a fundraiser. >> sandra: i'll stop there. the speaker we're starting to see movement there on capitol hill. bill. >> bill: here we go with paul ryan age 48 from the first congressional district of wisconsin as speaker of the house expected to announce that this will be his final term and here w

. >> republican house ways and means committee chairman kevin brady writes in "u.s.a.e we are in the midst of this year's frustrating tax season filing under the broken tax code things look bright next year. next year couldable the year that citizens see their april tax bill disappear. >> much bigger exempt amount. bigger standard deductions. they might have children and tax credits. what you might see next year some people filing and thinking wait, i don't owe anything. this is fantastic. >> it would be quite a change if people are indeed pleased to get a letter from the irs. the tax collector has a long way to go to get there. the acting commissioner says new language in the new law means they have got to make changes to 450 different sets of forms. bret? >> bret: all right, peter. thank you. stocks were up today. the dow gained 213, the s&p 500 finished ahead 2 2-67b89 the nasdaq jumped 50 today. congressional republicans are trying to push through some big changes to the financial regulations passed after the economic crisis of 2008. tonight, chief congressional co

revisitedded nafta can get passed the real fight will be in congress because the representative kevin brady, who is the ways and means chairman said, in a quote today, that any deal must include investor state dispute settlements, that is isds, an important tool to our trade agreements that allow american companies to sue foreign governments for treating them unfairly. the democrats in the congressional progressive caucus say they must eliminate the isds, re mark pokan who is co-chair, president trump must deliver on rhetoric and deliver a trade agreement that stops outsourcing american jobs, protects the environment and gets rid of special protections for corporations. republicans may need all of their votes in the house to get a revisited nafta agreement through there. negotiators are trying to get a deal done through early may ahead of july 1st mexican presidential race but ahead of our midterm elections. melissa: good stuff, edward. jack, sounds like other parties are moving towards this. seems like the negotiating tactics are working. >> nice to hear things are moving. it will take a l

wouldn't have gotten tax reform had we not had that kind of leadership, because he was asking -- with kevin bradye ways and mes committee -- they were asking their colleagues to do difficult things and go home and explain them, and they did. no, i think that's wishful thinking citizen is the idea that we've seen the last of paul ryan. i don't think we have. paul: all right. let's talk about the midterms which are coming up. ing paul ryan saying he's going to stay at speaker, some back benchers saying he should leave early. what do you think his departure means to the republican party in the midterms? he's a big money raiser. i guess he could still do that but not maybe with as strong a perch. >> yeah, no, not as effective. which is why, look, i hear the thought we ought to -- him having made the decision he's not running for re-election, let's have the leadership battle, get it settled and move forward. but that lees us with -- leaves us with one new person as speaker rallying support for the fall. i'd rather have what we look like we're going to have which is paul ryan as speaker, still able to

kevin brady right here with the wizard stopped about his mental health. ua.all started with shaniq work outte, it did not for him because they did not know how to deal with his mental health. he would get anxiety every time he had to fly or do certain things that would trigger him. he was a great player. a lottery pick. but they were so afraid of the term mental health that they did not want to touch it. is starting aua thing were athletes are not shunned because they have mental health challenges. they are learning to deal with it. so it is changing everything. brian: do you talk differently to a white audience than a black audience? whatever it is, what would be the difference? etan: for instance, i just spoke at penn state to an audience of about 400 students. maybe there were five black students. it's predominantly white. -- theyalking about asked, as far as how they don't know this world. it's an honest question. we don't know this world. so we hear black people talking about things with the police and we can't really relate because it is not our exp

our friend representative kevin brady in the house wrote yesterday, now we can finally say goodbye and good riddance to that outdated monstrosity of a tax code that took so much of americans' money and sent so men american jobs overseas and kept our economy so slow, many workers didn't see a pay raise for decades. it's been estimated that after tax income in texas will increase by close to $2,600 because of the changes we enacted into law and which were signed by the president. and all across the state, our constituents are seeing signs of the law's positive and wide-reaching effects. i, like the presiding officer, my colleague from texas, have spoken to many of those families and businesses, both great and small. some of the most recent ones i've talked to were in college station. one of the folks who i spoke to there was a woman by the name of claudia smith. claudia owns and operates a small mom and pop flooring business. she told me that tax reform has impacted her company in many important ways. the first is with more money in her pocket, her customers feel -- in their pocket, her

programming note "squawk box" will go to capitol hill tomorrow and big lineups including paul ryan and kevin brady and josh bolter and mnuchin and steny hoyer. >> this is a heck of a lineup. >> and more it says right there. "squawk box" in washington tomorrow >> melissa allegiant is defending itself and starbucks apologizing at one of its stores of who black men emoyksed after starbuc' plee called the police how to fix these bruised brand, next on "power lunch." >>> starbucks apologizing for arresting two black men at its store in philadelphia. c contessa brewer has the story. we are joined by dean crutch field joining us to react with both of those stories. first, we begin with contessa. >> two black men trespassing in a philadelphia coffee shop last week they said there to meet a business associate and used the restroom, instead, they were asked to leave in philly, protesters showing up in person where the men were arrested, videos of these arrests went viral showing six officers responding. the officers played by the book. >> what did they do? >> tell me what they did >> they didn't do anything

another texan has stepped up to serve as chairman of the ways and means committee, congressman kevin brady who joins us here tonight who represents the woodlands and congressional district eight, as chairman of the ways and means committee successfully passed the largest tax cut in american history which is already doing remarkable things to rejuvenate the american economy and restore immense prosperity to this nation coast to coast, something i know george and barbara bush are immensely proud of and we're honored to have you join us here tonight, chairman brady, in celebrating the life of barbara bush. mr. brady: thank you, congressman culberson, thank you for your leadership not just of this special order tribute to barbara bush, but for keeping the legacy of george bush alive in the district he represented, now that you've worked your way up to a key position for our region, our state, and our country, advancing the world in my view and leading the effort for hurricane harvey relief. a record $146 billion for hurricanes harvey and maria and irma and some of the wildfires in california.

we had discussion with ways and means chairman kevin brady who is tier i have i think president talkingage i think it is fair to say most people in gop, and the president trump, they do want the expensing to be permanent personal income tax rate instructions permanent very high on everybody's list i think you get more banning for at buck on tax cuts if you make them permanent. there may be other issues possibly to legislate inflation new jerseysing of cap gains a possibility i don't want to predict outcome there are other good ideas floating around perhaps later this year more concrete. >> better backdrop, obviously you are getting a little in addition going to see little wage growth i guess what you want to see do you worry wage growth is going to get too hot. >> you know, real wages basically have not jumped, let's see since about year 2000 so would i love hot wage growth i never understood this idea you have heard me on this before more people working, and more people getting raises for successful work effort, how can that be bad? i mean, why do it? why have policies? we should be so

last night at the rules committee, we had the opportunity to hear from chairman kevin brady, ways and means, chairman of the oversight committee, lynn jenkins and those of the subcommittee, john lewis, about this legislation. they discussed, hey america, listen at this, the bipartisan nature in which they worked on this issue to create legislation that they hope can achieve strong bipartisan support in this body. it came out of committee 38-0. h.r. 5192 protects young children and recent immigrants from synthetic identity theft, a type of fraud that involves combining a legitimate social security number with a fake name in order to create a new synthetic identity. one in every 10 children have fallen victim of this type of identity threat. research has shown that children's identities are stolen at a rate 50 times more frequently than adults resulting in children and families shouldering unforeseeable debt and a flawed credit history that is extremely difficult to clear. mr. speaker, in a refreshing change of pace, this measure, as i indicated, had a 38-0 vote coming out of the markup

brady. if you keep getting people from the daily show, this is what happens. >> kevin, you weighed in on this after the event took place. your tweet -- it was uncomfortable sitting through the comedian's attacks but i can't imagine how it must have felt to be on the receiving end of those attacks. not jokes. highlight for me last night, hearing about the incredible scholarship winners and courageous war journalists, #whcd. kevin, just reaction to this. this is part of the event. those say maybe michelle wolf took it a step farther than others have in the past. as you point out, there are component parts to this event. there was the speech by the white house correspondents association president. those getting money from the white house correspondents association. then the component part of this, that is just a comedy routine. what did you make of it as it played out? what were people saying during the course of the comedy routine? i'll be honest. for me with be that comic act was not the highlight of it, by any stretch of the imagination. i think quite frankly it missed the mark on what the wh

that's something that kevin brady the chairman of the ways & means committee pretty much said they realize the irs has their work cut out for them already implementing the new tax law. they are holding off on it broad restructuring of the agency which is something that other republicans had envisioned earlier. the talks a lot about busting up the irs but that's not really calling for the irs to come up with some sort of plan for improving customer service as you mentioned. a plan for potential organizational changes but there is nothing to it mediated in terms of reorganizing the agency. >> nonetheless politics still an air of the tax deadline. speaker ryan tweeting this about eating the last taxpayer for old tax system. under the new code american families will see an average tax cut of 20--$2059 lower tax rates nearly doubled standard deduction and double child tax credit. democrats responding with republicans sold the g.o.p. tax scam is a bill for the middle class. in reality corporations and the wealthiest americans are the ones benefiting. the fight over that tax-cut to continuing des