liz: thanks for coming on.stream media doubling down on its claim that credit for the sizzling economy belongs to president obama and not president trump. a powerful senator is saying president trump is make an obama-like mistake by pulling troops from syria. we take that up next. what matters to you? step up to the stage here. feeling good about that? let's see- most of you say lower a1c. but only a few of you are thinking about your heart. fact is, even though it helps to manage a1c, type 2 diabetes still increases your risk of a fatal heart attack or stroke. jardiance is the first type 2 diabetes pill with a lifesaving cardiovascular benefit for adults who have type 2 diabetes and heart disease. jardiance significantly reduces the risk of dying from a cardiovascular event... ...and lowers a1c, with diet and exercise. let's give it another try. jardiance can cause serious side effects including dehydration. this may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. ketoacidosis is a serio

liz: okay.he dow is down 710 points right now, and some of it has to do with some questions and confusion about this trade deal, this trade truce, but there is a little bit of clarity on at least one point. china is apparently following through on at least one of the pledges that it made at the g20 dinner where president trump and president xi jinping broke bread, and this is a big one. according to a government document released by china, a few dozen punishments will be meted out for intellectual property theft. this matters to president trump a lot. among them, violators would be banned from issuing bonds or other financing tools. they would also be restricted from government financial support, foreign trade, registering new companies or auctioning land. that's not all. the chinese government said it would post violators' names to its website. little public shaming there. scott mcnealy, founder of sun microsystems. you have done enough business with china, in china. do you believe the chinese

liz? liz: we'll show you how the media continues to downplay the problems at the border.e'll show you what they said, what they are not saying, and what's really happening down there. ♪ there's no place like home ♪ argh! i'm trying... ♪ yippiekiyay. ♪ mom. ♪ president trump: i'm proud to shut down the government for border security. the people of this country don't want people with lots of problems and drugs poring into this -- pouring into this country. i will take the mantel for it, i won't blame it on you. liz: two groups of migrants in mexico marched to the u.s. consequence flat tijuana making demands. gives asylum and let us in, and if you don't, give us $50,000 and we'll go home. what's your take on the caravan's you will may actual? >> if they wanted to apply for asylum they should have done so in their country of origin. there are 90 different times of visas you can apply for. but these people encouraged them to come to the border but aren't entitled to any taxpayer dollars let alone, $50,000 per person. that's ridiculous. liz: intellectual dishonesty is the criti

liz: tom homan great to see you sir.up after the break the massive illegal immigration more news on that. we are going to debate it, next. y half the story? at t. rowe price, hundreds of our experts go beyond the numbers to examine investment opportunities firsthand. like a biotech firm that engineers a patient's own cells to fight cancer. this is strategic investing. because your investments deserve the full story. t. rowe price. invest with confidence. .. ♪ ♪ put your data to work on the cloud that drives business. the ibm cloud. the cloud for smarter business. the ibm cloud. our new, hot, fresh breakfast will get you the readiest. holiday inn express. book now for at least 20% off during our annual sale. liz: let's stay on the breaking news about michael cohen and paul manafort. cohen is indicating russia tried to reach trump as early as 2014. and manafort lied about tie to the russian military hacking the democrats. your take on all of this. >> my head is spinning over all the information that continues to come out w

liz: dignitaries were there. angela merkel, the king of jordan, and former fell of england, john major. >> his relationships with leaders around the world. look at his resume before he was president. he was at the u.n., cia director. envoy to china. but that personal touch. he reached out to everybody, and he did that on the world stage. i think there are leaders across the globe, you know, that still really admire and fresh yaiment george herbert walker bush. >> thank you for coming in, we appreciate it. liz: what many may not realize is the huge impact president george h.w. bush had on the supreme court. you pointed out he nominated two justices and paved the way for more. >> one who displeased him, david souter turned to be the darling of the liberals on abortion rights and expanding congressional regulation on economic rights, and on the side of eminent doug dough main and l it to the -- eminent domain and sell it to the highest biddered even if it's not being put to public use. when you teach law school you

liz, it's all going to happen in your hour again. liz: in fact, breaking news. we just got our camera shot. we are outside the uk parliament, where the final tally in that confidence or no-confidence vote as it were on british prime minister theresa may is imminent. the markets have one eye on that and the other on the rally sparked by positive trade news with china. in this hour, we expect that final decision from conservative members of parliament on the fate of may's future as the leader of her nation, an issue torn by whether or not and how to exit the european union. ashley webster live on the ground outside the parliament and former ambassador to the european union, stuart eisenstat, here to tell us how it could impact the nation's divorce from the european union. stocks still pretty much full steam ahead after reports from commodity traders that the chinese have flipped the switch and started purchasing american-grown soybeans once again. could be the first real sign of a thaw in the cold trade war between the two nations. how much did the chinese ring up

liz: who? >> dr. evil. liz: i came prepared. i actually brought earmuffs. >> i have been cryogenically frozen for 30 years. liz: i just don't want to hear it. >> don't you remember that scene? liz: i try not to remember. can you stay right here? we just hit session lows again, down about 500, what is it, 553? 558 right now. stay tuned. what we are going to do is take one more break, then we are going commercial-free because with 12 minutes left in the trading session, it is a wild one, folks. we don't want to break it up so you miss anything. stay tuned. we'll be right back. time and time again, you know when i'm doing street magic..i'll walk up to someone and i can just see they're against me right? they don't want to be amazed. they don't want this experience to happen. ♪i needed to try but then the magic happens. and all of that falls away. (amazement & laughter) it's the experience of waking up and seeing things the way you saw them before they became ordinary. ♪i need never get old i'm looking for that experience of wonder.

meantime, i hand it over to you, liz claman. liz: u.s. markets may be closed but we have quite a bit of breaking news right now. general motors ceo mary barra is minutes away from a face-to-face on capitol hill with ohio senator sherrod brown and rob portman. she has been called there to explain her decision to close four plants and lay off more than 9,000 workers in ohio, michigan and maryland. we are being told to expect to hear directly from the senators in this hour about what happened in that meeting. >>> michigan congressman dan kilde is standing by in a fox business exclusive. he gets his chance to question barra tomorrow. ahead of that, we will ask him how he found out two plants in his state were to close and what he is ready to demand of the gm chief. >>> plus we saw $1 trillion chopped off stocks yesterday as wall street crumbled over confusion from the g20 trade truce president trump made with china's xi jinping. well, the chinese have now finally spoken. one of the nation's top trade law experts is here to decipher china's ne

liz? liz: i heard that. that was interesting. he said five, i think and he said they were all great. we should look at general motors stock right now. it is down another 1.5%. i like to put this stuff into perspective. the annual high for the stock is $45.52, we are about ten bucks below that but five below the annual low. it's been a very bad picture. intraday, you can see what the president said did affect the stock. i'm just not so sure him never having run an auto company, that he's the one who knows whether an all electric plan is the way to go. we have mercedes and ford going very far into electric. they say they are going to make an all electric mustang at some point. reporter: yeah. and the president has been threatening or at least one of the questions is whether or not the folks over here on capitol hill or the folks in washington can do something to ford as it relates to subsidies. there is that $7500 subsidy to go electric. that is potentially one avenue the president, the administration, maybe some up on capitol hill

liz: thank you very much. >> thank you, liz. liz: carlos gutierrez.a holiday gift for president trump, maybe, with the closing bell ringing in about 19 minutes. the dow has lopped off 150 points or so of the losses. we are still down 490, but the president openly has demanded, you know this if you have been watching us, that the fed chair jerome powell slow down the pace of rate hikes. president trump may get his wish. former ubs america chairman and ceo is here on whether it's time for the fed to downshift or stay in gear. it's episode two tonight of "wsj at large with gerry baker" only on fox business. don't go away. news on the ten-year yield and how much it's dropped. your insurance rates skyrocket after a scratch so small you could fix it with a pen. how about using that pen to sign up for new insurance instead? for drivers with accident forgiveness, liberty mutual won't raise their rates because of their first accident. ♪ liberty. liberty. liberty. liberty. ♪ our new, hot, fresh breakfast will get you the readiest. holiday inn express. book now

liz: welcome back.both sides of the aisle duke it out over funding the wall, law enforcement at the border facing an onslaught of crimes committed by illegals. about 140,000 criminal illegals arrested this past fiscal year, the highest in four years. and now a man deporteds in 2014 went on a rampage in california's central valley, shot and killed a california gas station attendant, two more strangers, car jacked a truck and took cops on a 100-mile-per-hour chase. he was killed in a wrong way crash. the president of the border council joins me now. this case illustrates why president trump needs money for the border security. what's your reaction? >> the fist question that we have to ask is where is nancy pelosi and chuck schumer on this issue. why is this just a blip on the screen. why aren't we discussing this a little more. the fact remains that all of the people crossing or border illegally are doing it because of the liberal policies inviting them in. the blood of the american citizens that we put a

liz: coming up.or james comey will testify privately behind closed doors on capitol hill tomorrow. it will be transcribed then released to the public within 24 hours. but how will the media report on that? will you get to the truth of what's said? why a border wall could save thousands of lives every year. family bruce on that. liz: you know when something is staring aught and you say eureka? my next guest had that moment. he said trump's border wall could help save thousands of lives. with me is tammy bruce. >> my couple is out today. this is not new news. what was shocking to me was the cdc report last week that note and should alarm all of us. the drug overdose deaths and the suicides are at historic highs. in just 2017, over 72,000 people died from drug overdoses. that's more than the u.s. deaths in the vietnam, iraq and afghanistan washes combined. in one year in this country. suicides are at their historic high. 49,000 suicides in 2017. the cdc doesn't want to speculate on the cause. but what t

liz: i thought you were going to say long-time friend liz. >> long-time friend liz as well. i will say two points. one, yes, right now, we're at the lower end of the neutral range for the federal funds rate and they're still saying the gdp number growth rate is above what they think is the long-run potential so yeah, in looking at this, in play there is probably going to be another interest rate increase, but they are also data dependent and it was interesting that mr. powell emphasized lower economic expectations, lower inflation expectations, therefore we took one rate increase off the table. so it is a more dovish tone in the sense that they are sensitive to what's going on with inflation and economic growth. liz: as we look at what happened today, gentlemen, this quarter point rate hike, the president had been tweeting at it, trying to stop it, he was putting a tsunami of comments about it, don't do it, don't do it. they went ahead and did it. they were independent. how dangerous could it be in retrospect when we look back on this that they raised one quarter point today

liz: that's james comey.ber when democrat representative jackie speer said congress paid out money to silence sexual assault victims. where is the outrage over that? >> there is no outrage because it didn't involve donald trump. we tried a case like this with john edward and it went up in flames. the democrats have nothing. the media is convinced trump is guilty and they don't care what he did. liz: you didn't mean to call the southern district of new york toties. >> they seem to be doing mueller's bidding. liz: that's not the view of fox. we'll be right there. ♪ voice-command navigation with waze wifi wireless charging 104 cubic feet of cargo room and seating for 8. now that's a sleigh. ford expedition. built for the holidays. and for a limited time, get zero percent financing plus twelve hundred and fifty dollars ford credit bonus cash on ford expedition. ford credit bonus cash unstopand it's strengthenedting place, the by xfi pods,gateway. which plug in to extend the wifi even farther, past anything that s

liz: here's how it works. we joined a few online chat groups where we found dozens of advertisements, 200 bucks here, 180 bucks there, to rent uber and lyft driver accounts. liz: you pay the broker who sets it all up, and then you link to your bank account. the money you make driving is yours to keep. it's a workaround for people who can't pass background checks or vehicle inspections. we paid 150 bucks for access to a lyft account. we never drove, but the account history shows cars giving rides to plenty of unsuspecting passengers throughout the bay area. liz: the scheme allows renters to swap in their own selfie and car information to the app so they can drive under someone else's name, and passengers would never know the difference. the broker even made an insurance card and vehicle inspection form for us, both fake. liz: but we found the name and driver's license number attached to the account belonged to a real person. male: so, i don't know-- liz: we tracked him down in la, but when we called-- liz: have

liz? liz: i know. right now we see a triple-digit gain for the dow.ri. >> you're welcome. liz: you can say mostly the grinch who is holding this december in his hands but are we seeing signs of a long-awaited santa claus rally in these final minutes? i don't know. let's bring in our next guest who says there are still reasons for exactly to be bullish. our friend hank smith, haverford trust chief investment officer joins you now. what are they? >> let's keep it real simple. you have to believe that the fed gets it. that they are not going to overshoot. that we aren't going to get four, three, probably not even two rate hikes next year. so the ped is going to pause. tariffs at a headwind will dissipate an negotiations will come through with china in early 2019. and that will improve confidence, which will lead to business investment. thirdly, stocks are not overvalued. they represent tremendous value in here. fourthly, we are entering one of the most favorite periods of equity investors, third year of a presidential cycle is the best year of a cycle. p

liz, we are likely to see gridlock. liz: oh, shock. shocker. if anybody is shocked about that, who knows. edward, thank you very much. edward lawrence. >>> what comes up must come down and with the closing bell ringing in 19 minutes, we are down 586 points on the dow and the nasdaq down nearly 200 points. how, as the market whipsaws to the down side in another wild session, how did the smart money which gets paid so much more to handle your money, how is the smart money caught flat-footed? oh, it has been. charlie's going to break it next. ♪ whoa! the mercedes-benz winter event is back and you won't want to stop for anything else. [ barks ] ho! lease the c 300 sport sedan for $399 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. ♪ ♪ ♪ ♪ ♪ ♪ this holiday season, families near you need your help. visit redcross.org now to donate. comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity.

liz: we have it here.edicare, social security, we have all sorts of insurance programs across the u.s. economy run by the government it's here, kelsey. >> absolutely. i think a big warning sign for any of those who are concerned about climate change is climate change need to be solved in the free market. they certainly are not being solved in socialist states. so people who care about that should look at what's happening in france. liz: our welfare state, we have got it here. we are talking trillions of dollars in unfunded liabilities. >> there is no yes question we have solvency issues. liz: fdr under his administration, they called it a socialist program. i understand what you are saying. but capri, there is paper sitting there, unfunded liabilities in social security. final word, kelsey. >> just look at the streets of france. it's not working for the everyday citizen and there is no reason to believe it will work here. liz: thank you for your insight. the search on for the next white house chief of staf

liz: is the border wall worth a government shutdown?rder wall shows the president is following through with the promise he made to the american people. he was elected with the pry 345eury message of border security and illegal immigration. i'm glad he's doing it now. a lot of people in government say this an awful thing. non-essential services would be shut down. people still get paid. they still get social security checks. liz: there is an area of the news that goes under reported. the families of victims of illegal immigrant crimes. they keep telling us democrats ignore them and never talk to them. >> joshua went to school and a class-mate asked him for a ride home. we found out at the you trial that the intent was to murder josh for his truck. he beat him in the head with a closet rod until it broke. he strangled him, tortured him, set him in a field and set him on fire. >> an illegal immigrant hit him from behind going 120 miles an hour. >> because this all politics. the democrats see people something to maneuver with as collateral

liz: yeah.t that tim geithner worked at goldman sachs during his hearings to be treasury secretary. he did not. zachary, what do you make of that? do you believe google or did they do this to mollify congress before this event? >> look, it was clear from the hearings that a lot of people have no idea how google works. some were saying does google know i moved my phone from here to here and the ceo stumbles because the reality is, depends on your settings, on your privacy settings. he tried to answer that question in that way with the nuance that in fact is real, and he was totally brushed off. i love the idea of google being such a large company that there are tens of thousands of people every time we type in a search are trying to figure out our rank order of return. there is, as there has been with the facebook hearings, as there will continue to be, a certain learning curve that's going on here, but i think the larger point is this is an area of the economy that has grown so astonishingly fas

liz, back to you. liz: gerri, thank you.e bears, if you thought it was their time, the last couple sessions between today and yesterday, have given them muscle flexing. neil hennessey and. neil, you really feel these near-death experiences on a fairly regular basis lately don't give the bears anymore power. why in. >> liz, it absolutely doesn't. this is our 20th correction since 2010. with 15 of them being between five and 10%. and then five between 10 and 16%. it is just a correction because, just step back, liz, everybody is talking, well, there is going to be a recession or this is the longest bull market. this is not the longest bull market i've been in 39 years i've been in the business. go back to 1982 to 2000. that was a huge bull market, when the market was up each and every year, with the exception of 1990 with the exception of 1990 it was down one-half%. liz, is unemployment low? yes. interest rates low? yes. is cash up? are companies making tremendous amount of money? yes. are dividend up? yes. are buybacks up? ye

liz: is it really dying?ountry, people firmly believe that there are heroes still among us like the bush family willing to step up and believe in civic virtue. >> i think a civic virtue is a lost item. when we look at our life, our neighbor, our friend, our family, we need to say how can we make this country better. most of people seem to be caught up in short-term things about how can i make my bank account better and make my facebook better. we need to realize without this country we are not all going to be here. liz: jenna bush with tears in her eyes seeing her grandfather lying in state. jeb arrived with his wife with colunba. >> there are heroes among us but right now we don't see that. we see people punching across the aisle. we don't see that level of respect against one another. the rhetoric in this country has completely changed. this is a time to reflect how do we get to the place where that rhetoric is dialed back. liz: the bush family is the second president to be the father of a president. we had

liz: e.u.eaders confirmed the brexit agreement with bring taken is quote not open for negotiation despite pleas from theresa may for change. ashley webster this london with the latest. reporter: the u.k. prime minister theresa may back in london battered and bruised, trying to win concessions from her e.u. counterparts. theresa may hopes she can renegotiate a deal that will pass in parliament. there is a possible norway plus option that would keep the up k. out of the e.u. but it calls for it free movement of people. and the possibility of a second referendum. the u.s. ambassador of the u.k. put out this tweet. he said i can't overemphasize the willingness of the american people and president trump to make a strong free trade agreement between our two countries. theresa may says she'll step down before the next general election. not only is time running out on her brexit negotiations, time is running out on her own job as well. liz: we are watching the dow closely. we are checking for you the n

liz: all right. i want to shift over to facebook, because you have been an unabashed supporter of mark zuckerberg and facebook and now there's a lawsuit. washington, d.c. is filing suit against facebook saying it violated a d.c. rule and it all comes back to this cambridge analytica scandal where millions of facebook users' data was compromised, given away without their permission to this cambridge analytica operation that then used it for political purposes. what happens with this lawsuit and do you see it sort of domino affecting everywhere else and other states coming in on this lawsuit? >> so i'm always going to be supportive of the entrepreneur. i mean, think of what zuckerberg and sheryl sandberg have done. this is an extraordinary business. it does amazing things. it's incredibly entertaining. it spreads good cheer and when sometimes the news is bad, usually your instagram is good. it spreads good cheer and a lot of good information around the world. they've done an extraordinary -- liz: but t

liz?yep, he will be serving with new veterans at walter reed medical center where many veterans with horrific war wounds are recovering and sully i know will bring great comfort to them as he did for president george h. w. bush. we do know that the 21-gun salute will soon happen, and we are awaiting that moment. and as we do -- it is important to note too that he was so unbelievably active until as recently as last year. in february of last year, he was at the super bowl, super bowl li, and he performed the coin toss between the patriots and the falcons in houston. let's listen in. ♪ ♪ ♪ ♪ ♪ ♪ liz: as the ceremony at joint base andrews continues, we hear hail to the chief for him for the very last time and my country tis of thee. those words so appropriate for the man who following the attack on pearl harbor in 1941 decided at the age of 18 to postpone college and enlist in the u.s. navy on his 18th birthday. he eventually became after training the youngest aviator in the u.s. navy, unbeli

liz: here's mary barra. let's listen in. >> it was good for me to be able to go through everything that is going on as i said, our focus is on the workers. we made the announcement when we did to give them the maximum opportunity for other opportunities we have within the company. we are now working to make sure especially for our represented work force, we have a plant for every part and there's other services we provide to our salaried work force that is part of the transition that we are making. the industry is transforming. it's important for general motors to make necessary but incredibly difficult changes to make sure that we can be in a leadership position, so general motors is strong to provide jobs, provide manufacturing and provide leadership in the transportation industry as we move forward. again, appreciate your time. thank you. reporter: why did you use the taxpayer bailout? are you holding up your end of the bargain? >> in 2009, general motors invested $26 billion in the united states. quite a

liz: let's take this to fox news contributor, liz peek. there i mayhem at the border. >> there is mayhem at the border. if people come to the board, they ably for asylum. they get a court date. 90% of them never show up. so they are basically in our country pretty much forever. democrats are having a hissy fit about this whole thing. in 2006 they voted for 700 miles of fence. now we are having an argument about fence versus wall. we need an adult in the room. the department of hopedland security says there were half a million apprehensions at our southern border last year. 50,000 to 60,000 people a year trying to cross into our country. it's an unconscionable' situation. we get fix eight on a caravan of 3,000 people twhant' -- and that's nothing compared to what's going upon each date year. liz: we were told they were peaceful and not violent, then they stormed the border and attacked our border agents. four agents were injured. there is a disconnect in this country about the information flows and what the american people are hearing. >> i

liz: some people in the d.c.ay if you talks about this this is must more tinfoil that right-wing conspiracy. >> we succeeded against russia because they were so inept at this. the chinese are different. they have spent tens of billions of dollars. and they put their own officers from the people's liberation army in our universities to learn our technology and develop it at home. liz: thank you so much. good to see you, sir. w air, lo says vandals are attack their row bought cars 21 times in arizona. they are whipping rocks at the car. another guy pointed a gun at robot cars. do you think you can stay off your smart phone for a year? vitamin water will award you $100,000 if you do. they will give you a 1996-era cell phone to use for a year. they are thinking the smart phones are ruining our society. how will they know you are not use your spouse's phone. we are staying on that story for you. what's that delicious holiday smell? what smells so grade around the holiday season? it's fried ching. kentucky fried chicke

liz: let's back up. since the mid-70s congress only spent four house appropriations spending bills on time. many * made an arch pointed criticism. he said i guess you democrats go home and you keep your front door open all night when it comes to border security. he was citing all of the crime. the border is chaos. it is mayhem. it's unfair to our border people. >> that's a substantive campaign promise. the question is does he have the votes to get what he wants. we'll find out. that's why this is so exciting, because there is going to be a big winner and big loser. liz: it feels like the d.c. media echo chamber goes into overdrive without telling the american people this has been happening everybody other year. this is a political costume drama. >> the difference this year is it's over one issue. we had this before earlier this year. chuck schumer threatened to shut down over daca. kids brought here illegally. he said he wouldn't settle for the full daca and by monday he was crying uncle because his memb

liz: why not look at the entire site?ek: you look at sites that have the potential to have radiological contamination left behind. liz: robinson says the navy considered all areas by reviewing past use and conducting interviews with former workers, but he says officials concentrated on the places where the navy actually performed radiation operations. liz: and you're not looking anywhere else? derek: that's where we're starting. liz: how can you be sure that there is no radiological contamination if you don't take a closer look, if you don't test? derek: what we're doing is we're focusing on areas where radiological contamination may have been used and could have been released. liz: we mapped the sites the navy says based on the shipyard's past may be contaminated. we asked if it's added any new places, and the navy pointed to one additional area where it says it performed radiation scans or collected soil samples. robinson stressed the navy tested 28 miles of storm drains, and he says it now plans to scan some other plac

liz. liz. liz. liz. aoa. many of us. live. live live. live live in a. way i. thank you. live it is a. live. our. lives. eleven look it's a little. above. the to the iloveyou. illegible . play. the blame. belongs little to such. a. low blow to. eleven eleven eleven eleven . thank. you good. news. good. news. it's. illegal . to. make. eh. thank you. i. love. you. live. live live. live. live live live live live live. live . live live live. live. live live. live live live. live . thank. you i thank you. thank you miss. usa . thank . god reagan international talk show for journalists to discuss the topic of do we know his conservative party has a new leader and a great credit card power a protege as chancellor angela merkel she could wind up succeeding her mentor as head of the government so what is the leadership change mean for germany and to join us on quote. quadriga thirty minutes w. . how do you want to live in a radical way discovered about how screwed down helps world church thirteen v.w. of. natural riches. precious resources. and a rewarding investment. farmland has

liz: that's correct. stuart: thank you, liz. liz: sure.europe, as the u.s., i'm sorry, the eu slams the door on the possibility of new negotiations or new deals on "brexit" for the brits. we're on that one. >>> bad news for iconic organization, the boycotts of america, may be on the verge of filing for bankruptcy. we have the story. >>> the united nations giving millions of dollars to nicolas maduro's failing government and dictatorship in venezuela. many of them continue to flee the country. the second hour of "varney" just getting started. ♪ what if numbers tell only half the story? at t. rowe price, hundreds of our experts go beyond the numbers to examine investment opportunities firsthand. like a biotech firm that engineers a patient's own cells to fight cancer. this is strategic investing. because your investments deserve the full story. t. rowe price. invest with confidence. and all through the house 'twas the night before christmas not a creature was stirring, but everywhere else... there are stores open late for shopping and fun as

i think you're exactly right, liz. it's like extracting a wisdom tooth to get the chinese to agree on anything here, but you know, this is, you know, i always said that this would be, david, short-term pain for long term gain. i just didn't know the pain was going to be so severe in terms of trying to get china off the hook and what really happened here, i think, this week, was from my source at the white house they say look we thought we had a deal, we had a handshake deal we were going to make significant progress that china was going to start behav ing itself because look, they are the bad actor here there's no doubt about that and as soon as they got back to beijing they started back pedal ing from this. it's very difficult into do with china. >> what i'm trying to come back to is i think we're all in agreement that something needs to be done. liz by the way the obama administration was moving in this direction. we can quibble about were they moving aggressively, what have you. >> what were they doing? >> well for

liz, jonathan, are back. liz, if you, the dynamics within opec i went to at least 20 meetings. saudi arabia was always the bad cap. they held very hard whatever the line. qatar was the good cop. they talked to everybody else. they played a huge integral role. then you had the dispute saying qatar was supporting terrorism around the world. they were boycotted by nations. their relationship with saudi arabia broke down. i think this is could be the end of opec. what do you think? >> i don't think to it is the end of opec because qatar was not that much important of a producer, they produce less than a million barrels a day. who is important monitoring oil out put today, saudi arabia, russia. both of those countries agreed very recently last several days they would probably institute a production cut. we had over 300,000 barrels a day cut out in alberta. the oil market has one thing wrong right now. there is simply too much supply. to the ex-extent big producers are cutting back we saw that in the expectation prices are going higher. >> jonathan, on one other subject we're followi

liz: sure.ng on all developments out of europe, nigel farage is in strasbourg himself. what he thinks he is the likely outcome of the theresa may no confidence vote and the likely out come with "brexit." he joins us next hour. >>> first that showdown in the oval office, all over wall funding. what a show it was. i loved it. we're on it. >>> google's chief told congress there is no anti-conservative bias at this company. later this hour we'll talk to someone who says that is not true. he made a documentary movie to prove it. this is the second hour of a jam-packed "varney & company." ♪ yeah, that too. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no to kale. mm. yeah, they say if you blanch it it's better, but that seems like a lot of work. no hidden fees. no platform fees. no trade minimums. and yes, it's all at one low price. td ameritrade. ♪ stuart:

drew and liz come from families with rich histories in farming. drew is the fourth generation to work on his family farm established by his great-grandfather. the farm has grown and experienced success with raising cattle. liz grew up on a family farm and showed horses during her youth and worked at a local weinery before becoming an occupational therapy assistant. they are involved in the agricultural community through the future farmers of america and the 4-h. their efforts have not only benefited union county but are a model for farmers throughout the commonwealth. on behalf of the 1st district of kentucky, i congratulate drew and liz white and wish them the best as they continue to grow their farming operation and their family. i yield back. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from new york seek recognition? >> permission to address the house for one minute and revise and extend my remarks. the speaker pro tempore: the gentleman is recognized for one inute. >> thank you, mr. speaker. i

liz . liz. liz. liz. feel pretty cool off and i. love the last yes for full would like your kimmel. but look i must disappear but up another scene to settle in the post because you are making a study of the fifty people plus in cuba if you. look . about them in. the recent one real one who you see holes in. me if i'm in the. cross that leaves. poor man didn't seem to sign. when the real governor told the. bone mass gore it is no one was born in the senate and of course like you knew who. lost the state but i would have like you say i want to fulfill our knowledge if you know so much in. the sound better than me. bring to. the south in those heat of the muslims the i mean the most for thoughts a while oh. yes in both still a full us if. you all know for example see how. political on which of mathematical mitchell file it will look. like some is the way that is first a lot of things on the line but i get along with those who went a little and i didn't see but i saw on the principle what i meant a little bit and then mortal and you just look at the earth yesterday as by. you know the w

i think liz asked the right question.atever they negotiate has to then be voted on by the house? david: exactly. >> so i'm confused, because i thought they went home. dared dared we're back to square one. and the problem is, obviously, on january 2nd we have a new house, a new party takes over the house of representatives, and there is a chance, gary b., i would say a strong chance of some serious holes to try to prevent anything from getting done seen as an advantage to president trump. >> although, you'd then have -- >> this is why they want to rush this through now while they have the very slightest of advantages. you watch when, you know, congress changes over. the you know what is going to hit the fan for president trump hard and often. >> and i was just going to say we also have a new senate coming in, of course, and that will be an easier senate for president trump because flake is going to be gone and some of the other anti-- david: corker will be gone. >> so he'll be in better shape there. even so, i don't see ho

why, liz? >> they're seeing peek now appears to be behind us they're worried about europe they're worried about asia. this is an extreme selloff we're seeing in fedex we haven't seen a selloff for this month of december. in fedex in about nine years. last time question saw this january of 2009, so this is pushed the stock down about 33% off its record high so that at the beginning of the year, so if fedex is bell weather stock sort of the canadian we know that giving bank of america mayor lynch saying half of global fund managers are expected global economic growth to weaken over next 12 months so weather for the the imloabl economy not good news and down goes 8% is huge decline for stock like that all right there's a rare, really i think it is a dramatic warning from the surgeon general on what -- >> on e-cigarettes. you know we're kind of getting grips to this amongst youngsters in this country use among teenagers up 78% year surgeon general say there's no doubt this is a dangerous product yo

where do we start, liz? liz: americans kit complaint to honor the american spirit.kearns goodwin said it right this is about the shared heritage. americans feel like they belong today, about possibilities lay ahead, lie ahead. her point is well-taken, these moments allow you to feel the history of the country and belonging. stuart: well-said. ashley? ashley: looking forward to the eulogies. bush 43, george h.w. bush's son, will present obviously heart-felt eulogy. we'll hear from jon meachum, the presidential historian biographer who knew bush 41 very well. brian poll -- mulrooney, canadian prime minister, very good friends. he spoke at reagan's funeral in 2004. we'll hear from former republican senator from wyoming, alan simpson, who has known the bushes going back to the 60's, very, very tight friend of bush 41. they would go hunting and fishing together. he will have unique perspective. stuart: former senator alan simpson, when he was writing the eulogy, he will deliver today, he cried writing the eulogy so he would not cry in the national cathedral today. liz: w

liz wessel. she is the ceo of wayup, a platform that connects early career candidates with employers. let's start with liz. wayup, amazing platform, it has millions of users. first of all, how does it work and where did you get the idea? liz: nice to meet you guys, i'm one of the two cofounders along with my co-founder, jj. we met at the university of pennsylvania. from a candidate perspective, we saw just how frustrating the job search was. when you are a sophomore, you are expected to get an internship, which leads to your junior internship, which is expected to lead to your full-time job after you graduate. when you are a sophomore, junior, sometimes even a senior, you have no idea what these jobs mean. i applied to a job in private equity having no idea what private equity was. i went and applied for an internship in marketing and thought marketing was just making tv commercials. i felt like there wasn't this transparency into what somebody does on the job, what makes one company special vers

liz: the dow turned south after a knock down-brag out

liz, talking about social media.he peak social media over the summer when likes of snap and google were losing users. >> transferring money on facebook, what could go wrong? i think the whole social media sphere has come under long deserved media scrutiny. facebook is a standout having multiple issues with data privacy issues and handling the pr of those missteps extremely poorly. what is notable frankly in the survey, that google barely shows up. let's face it they have some pretty big issues, not only in terms of data privacy, but in terms of refusing to work with the american government on artificial intelligence and other issues. so look, these companies are going to get oversight increasingly. they are going to get some regulation. already in the eu they have and tell you the truth, i think it's a probably a good thing. susan: james, liz, adam, thank you for your insights today. >> thank you. blake: still to come, disaster in indonesia. that nation warning its citizens now that another tsunami could strike just

>> liz? no.urse not. >> and those witnesses who said elizabeth ratliff's blood was all over the staircase walls, michael insists their memories are wrong. >> they said, "my god, there was blood everywhere." and, well, no. there wasn't. the german police didn't see any blood. the german doctor didn't see any blood. the american military didn't see any blood. why didn't they see any blood? and if you saw all this blood, why didn't you say something at the time to someone? >> he is certain elizabeth ratliff died of a stroke. as for how his wife, kathleen, died years later, michael can't say for sure. but he thinks his first instinct was the right one. >> i guess maybe i'm the last person to believe it. i think she fell down the stairs. i don't know. >> michael believes alcohol must have played a role in her fall, and even though her blood alcohol levels weren't off the charts, he says, there may have been another contributing factor. a few months before her death, she'd suffered an injury diving int

so the fact that liz warren did worse than hillary clinton in massachusetts suggests perhaps she's ar candidate. >> let's talk about the cnn poll. the cnn poll from earlier this month, showing that she is fairly low on the list of front-runners and democrats choice for their nominee. look at this full screen here. what does her home state polling tell us about a possible 2020 match-up? >> if you look at people's home state polling you would, in fact, see they're well out ahead. look at joe biden's polling in delaware, or bernie sanders, they poll well but when matched up against her opponents in a potential democratic primary she's polling third or fourth behind biden and sanders, which suggests something is quite wrong, right? if people in your own home state, democrats in your own home state say maybe we prefer another democrat, perhaps it says when other people nationwide are exposed to liz warren they might not look her as with much. >> very interesting. boston globe editorial page urging her not to run. here is what they said. while warren is an effective and impactful senator,

liz. can you please. liz. liz. liz. kelly. listen to. i'm going. to get a bit of. light can carry information. zite can help feed people. still people can be happy without light. how much light do we really meet. we've seen the light on made in germany next d.w. are. fighting for freedom fighting for the women to have ha. as a young child or military dari was sold by her family as a house slave and. twelve long hard years later she regained her freedom and now her memory is her power in the struggle against served up which she has turned into an international campaign. in forty five minutes on t w. how do you. sustain the way discover the bellhousing mountains for a start january third. w. . i was issued when i arrived here i slept with six people in a room. it was hard. i haven't got white hair. that language and. this keeps me and could help us maybe to instruct. you want to know their story. it's worth fighting and reliable information for margaret's. nature does a spectacular job of lighting up out planet but when it comes to running out twenty four hour a day

i want to pick up on something liz said. she's quite right. keep in mind that europe brought microsoft to its knees, right, 99, 2000, calling it a monopoly. it took microsoft about a decade to recuperate from that. we have a professor scott galloway been teaching at nyu and saying europe will go after our big tech; right? they don't have the bragging rights the origin story that we have oh we created it here so maybe our lawmakers legislators might look the other way for a little bit of bad behavior, but in europe they have all of the problems right and none of the brags rights. -- bragging rights. they are not afraid to go after these companies. if facebook wants to be on that continent, they have to follow those strict rules which just passed in may. >> it's like free money, no consequences, but europe is not going to kill that cash cow. they are going to keep hitting them over the head for cash. >> meanwhile as we debate heavily over who has a right to our data and what privacy do we have a right to, you have an ecosystem in china where muc