and i think it is a locland/murdock deal in conjunction with his father. lo lockland and his father against james murdock. >> without the sky deal, it reverted to rupert and lockland. rupert because he's 86 years old and lockland does not have a vision and looking to shrinking these company. >> so bottom line, these assets are on sale regardless of who's buying it. >> lets say michael, who the buyer may end up being, what kind of company do you think 21st century fox becomes two or five years down the line >> i think it is probably unclear. i think it focuses on news asset and television network and television station and you have a highly profitable, potentially successful for years to come, media company. it is just not any longer and it is crucial the global blockbuster power house that a younger rupert murdock imagine build and his son james murdock thought he could double and quadruple and continue to grow >> lets say the deal is going to happen, do you see either one of them would go to disney? >> no, not for a single second these people are rich, ri

in the conversation with the president has had with murdock, has ever brought up cnn? arah: not that i'm aware of. sarah: i'll take one last question. reporter: the president made the deal, if you will with chuck and nancy and took republicans by surprise, should we expect something like that from tomorrow and feel anxiety or concern leading into tomorrow's meeting and maybe throw them under the bus? sarah: i don't think the president threw anybody under the bus. but it's the president, i'm not going to get ahead of that meeting but if the president can make a deal and if the democrats can support tax reform that is something we welcome and it's my guess most of the republican senators would be excited about hat as well. reporter: native americans under ndrew jackson -- [captions copyright national cable satellite corp. 2017] captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org >> the house takes up a bill requiring members and staff to take anti-harassment and anti-discrimination trainin

rupert murdock, the man that made the modern media business, all of the consolidation we have seen now for nearly 30 years has been trailing murdoch. at this point in time he's going in the opposite direction. that's big >> this, though, michael, assumes that by selling these assets, the news business won't become a stronger part you know, that maybe there is this notion amongst the murdochs right now that they have to jettison the rest of this stuff so they can focus on news and it can become the powerhouse it once was the roots of the murdoch empire is in news >> rupert murdoch's roots are in news entertainment has always been a larger part of this company. this company grew on the basis of its investments in the entertainment business the news business has been for a long period of time a very good business for the murdochs but it did not put them into the stratospheric and international league the news business now, or for the past number of years, has been a not very good business. so they are retreating to something that it's hard to find the logic here i mean, i believe that one

does it have anything to do -- >> the murdocks?do they know it's going poorly >> of course >> from recent stuff >> everybody knows it's going -- >> the o'reilly stuff too? >> the o'reilly stuff, the tory government, which they're defend e depending upon grows weaker by the day. i mean, i would say that this deal has always been -- rupered murdoch said to james, if you can get this dole chb diehl done, it's yours >> investment side, you saw the news hit the tape, and you thought what >> absolutely. number one, surprise right? first off, as you mentioned, the murdochs have never been really sellers. they've always been buyers just from a political perspective that's pretty interesting. second, you've got two of the largest media companies out there looking or thinking differently about scale. right? disney needs to get bigger in order to launch their own over the top services and perhaps fox is thinking we're not quite big enough if the sky deal doesn't go through. again, you see a much -- a much higher premium put on scale across th

joining now to explain is fox news legal analysts gregg jarrett and city roy murdock. -- give me one person who debunked uranium one. molly 99. russia -- iran but you don't want to hear that. >> she said look this whole thing is fully litigated. which is incredible. there has been no trial. no charges. the republican congress you would think by now would have had at least one hearing. >> why do you think they didn't? back then when the republicans objected and it was peter king and they were like wait a minute. you can't sell uranium to russia and they were like poo pooed. who was the speaker at that time? >> john boehner. okay. so doesn't it make sense to you that because they were objecting to it and they were on house intel in foreign relations so why would boehner not be interested in doing anat investigation. >> i don't know why these people didn't investigate. they certainly should do so now. >> they are doing it now. >> i can't think of any logical or innocent reason why the united states of america would turn over 20% of active uranium. i don't know why we would turn over 20%

here to discuss with me now fox news contributor joy murdock, kevin paul scott, and back with us cayleelet me start with you. obviously, we anticipate or expect the democratic attack ads. there are even some on the right who are specifically attacking republicans in the senate who may have an aversion to deficits. but lisa murkowski coming around on that is a key, key component. we know that they've narrowed this down to a handful of senators that they must somehow appease or lower into this. >> no. that is good news because they've certainly went south on the obamacare repeal effort on a couple of occasions and helped derail that. so the fact that she's moving into the column is a big plus. and on this question what we do about the individual mandate what i recommend republicans do is rather than talking about repealing the obamacare mandate, really, what they should do is use the following words: make obamacare voluntarily. that's what you're doing. if you want to keep your obamacare, you can keep it. if you want to step away from it, you can do so without being penciled and most of t

reported on fox business, every major telecom executive looking to buy something including rupert murdockoking at this deal. this is a sign that you have to stop everything now and see where the courts come out on it. it's going to be hard for us to sell our studios, sky news, some of those tv assets to comcast because of the view they're taking. most people thought it was a slam dunk. a vertical merger. not much competition internally. if disney is going to buy our movie studios, they'll control a big portion of the box office. that in and of itself is antitrust grounds. everybody is looking at this and saying, whoa, where do we go next? >> neil: a lot of talk that fox assets could also be up for bidding. >> absolutely. >> neil: gary, does it change the view -- this is one that is cynically harbored in the justice department. the white house is calling the shots here. what do you think of that? >> if that's what's going down, it's not a good thing. it potentially hurts markets. this was announced i believe october of 16. so we're talking about 13 months already. and now you go to court.

deroy murdock, "national review" contributing editor. beverly holbrooke a contributor to the hill. jenny beth martin, co-founder and president of the tea party patriots. deroy, you were going back and forth in your chair like crazy when adam was talking about the stair step thing. first and foremost. the senate came up with the idea of delaying corporate taxes for years and now stair step them higher, which adds validity to the whispers we heard yesterday that we're not ultimately going to have a 20% corporate tax rate. >> i don't know why they're making this so difficult and so complicated and convoluted. president trump ran on and won on the idea of a 15% corporate rate that jumped to 20. now have a stair step or delay. i don't know why republicans, should be conservative free marketeers have the idea that the economy is growing at 3.3% without the tax cut having kicked in yet is going to slow down and peter out at 2%. according to joint economic committee. that's ridiculous. the economy will grow at 3.3 or above, and no reason to do other than 20% corporate tax immediately as so

joining me now to explain is fox news legal analyst gregg jarrett and fox news contributor deroy murdockght, guys, i will start with you deroy. every time i hear hillary clinton saying that uranium one is nothing more than a deliberate effort to misinterpret the facts, despite a constant debunking, give me one person who debunked uranium one and i will go through my whole open on uranium one, molly 99, russia, iran, but you don't want to hear that tonight. >> yeah, i think that case has neither been debunked or even bunked for that matter. you know, she said look, this whole thing has been fully litigated, which sin credit being. it's not been fully litigated. there has been no trial there have been no charges. the republican congress you would think by now would have had one hearing on uranium one. that's not happened yet. >> why do you think they didn't? back then, when the republicans objected and it was peter king and elena roth lynn ten then. they were like wait a minute, you can't sell uranium to russia. and they were poo pooed. who was the pirik at that time? john boehner. >> that

. >> charles: joining me now fox news contributor roy murdock, national review contributing editor and elizabeth herrington and hugo gordon. hugo let me start with you. that 20% rate being pushed down spooked the market and then of course there are a whole lot of other elements that came through as the day went on including seven tax brackets. i'm not sure what kind of a postcard we'll fit those on nonetheless wall street speaking for all of america with its confusion and worry. >> yeah, i think there's plenty of reason to be confused and some to be worried there's obviously very substantial differences between the house and the senate and they're going to have to reconcile those differences but i think the thing that i would think that the white house is most concerned about is just pushing out corporate, the corporate tax rate reduction for a year or even possibly more than that, because the principal reason why this tax reform is being pressed is about america's inability to compete against much lower tax jurisdictions. sometimes having corporate taxes nearly half what we have and t

i have to say that if it did go on the market, look, murdock outbid everybody for "the wall street journal" at ans a tron nomic price. if the government obviously can't control who an asset gets sold to but if it were for sale -- >> that would shut up cnn from criticizing the president is where you're going >> it would be the only logical end to a politically motivated discussion here. the other results of blocking the merger, who do you hurt? you hurt timewarner shareholders, you hurt fidelity, i know if that in some ways reverts back to the administration and cnn so it's hard to see even if cnn were put on the table and the divestiture was the target or blocking the merger was the target, how either of those go to that result the only thing that you can think of is that can it end in friendly hands and that might be farfetched, with the fox now on negotiating potentially the sale of its entertainment assets. >> we love to get people to speculate, all of the irresponsible things that we're always accused of doing, so tom, what do you think the government's real end game is here what does

parts of the company are being pursued by disney and now there's a push to limit how much control the murdock family will have over the company they built. back to tyler in chicago >> all right thank you. coming up from the schwab impact conference, the ceo will join us the impact of tax rermfo and what ever else we can think of stay with us work keeps me busy. so i've asked chase sapphire reserve cardmembers to find my next vacation. rome, show me something. i'm having breakfast at the pantheon. what an amazing view... of your finger. ♪ ♪ look at this view. your finger! isn't that incredible. your finger! and check this one out! oh it's so amazing! move your finger! three times points on travel and restaurants on every continent. sapphire reserve, from chase. make more of what's yours. throughout my career, i've been fortunate enough to travel to many interesting places. i've always wanted to create those experiences for others. with my advisor's help along the way, it's finally my turn to be the host. when you have the right financial advisor, life can be brilliant. ameriprise >>> welcome b

murdock? >> it's a shock that rupert murdoch would think of selling anything. decades building this conglomerate, global media enterprise and rupert murdoch has been loath to sell anything during his career. the news that they were potentially in talks with disney was really shocking to the market. tom: because they are so family identified are they the kingdom of isolation? are they isolated from the dynamics of the media business? >> i don't think so. they are a global media company and they are facing the same challenges in the united states that other big media companies are facing. people are cutting the cord. they're not paying for media the way they used to. all media companies including the great foxes of the world have to rethink their portfolio of assets and do i need to read juggle what i own and where i own it. that's what brought disney and fox to the table to discuss. francine: you need to leave to go to surveillance radio. that theytually mean will have a lot more suitors? >> potentially. i think to the extent disney and fox get a transaction tog

murdock? chris: they have been historically good at buying good assets like pixar.i would trust them and this is a chance to buy some good content relatively cheap. times a wasting. gina, chris, sticking with us. coming up, an important conversation. they will have a catch up with an interview with the chief operating officer. more on the company's record $50 billion deal in the future of the airline industry. coming up, 19 minutes from the opening bell. futures of 31% on the s&p and the dow. this is bloomberg. ♪ ♪ david: it was a record deal. that is what airbus scored at the dubai air show this week. the playmaker security $50 billion deal for aircraft, the biggest commercial plane tracks action -- transaction and the company's history. matt miller is live with the chief operating officer. matt: thank you very much for that. talking about a $50 billion deal. it was a massive headline after a massive show. year.s john's last what will you do without him? fabrice: it is difficult to imagine he can be replaced. he sold 60,000 aircraft. however, they are leading the m