nec. has done very well since trump's election november 5th anyway. >> well, again, hay see, the markets, as you know, try to anticipate the future. not what's happening now. they anticipate we're between to get a good tax cut. i hope they include capital gains -- larry: yeah, i like that. >> -- right away as well as help the economy. get a good tax bill, serious deregulation which those two, elon musk and ramaswamy, are going to do and, guess what? if the economy is going to surprise the world. larry: yeah. >> but they've got to get that tax cut. and the bigger the better. larry: the tax cuts should be first. >> absolutely. larry: number one on the agenda. >> absolutely. and ignore these crazy rules that say you have to do this, that and the other thing. the congressional budget office, send it to north korea. [laughter] larry: i will say, i will say bess sent at treasury, has set at nec, russ vought at omb is very good. these guys are are proof growth budget conservatives, supply-siders

i'm so happy to have kevin hassett running nec. i mean that sincerely. steve forbes, last word.r, exchange rate done very well since trump's election november 5 anyway. >> again, they see the markets as you know, trying to anticipate the future. not what's happening now. and they anticipate we'll get a good tax cut and hope they include capital gains. larry: i like that. >> it's right away. it'll help the economy get a good tax bill, serious deregulation and those two want elon musk and ramaswamy are going to do. guess what, the economy will surprise the world. they've got to get the tax cut and the bigger the better. larry: tax cuts need to be number one on the agene data committee, don't you think? >> absolutely and ignore the crazy rules saying you have to do this, that and the other thing. send the correctional budget office to north korea. larry: la i will say bessent sen treasury and hassett in nec and they're pro growth, budget conservatives and splicedders on tax rates and drill baby drill and it's a very good combination and that's a big reason why markets have responde

kevin hassett who is going into my old job at the nec will have an important seat at the table. kevin understands a lot of these policies. there will be a lot of opinions at the table when we get to tax rate. the house and senate will have their opinions. there are members of the house that ran on one item and one item only. they ran on the idea that we should bring back the state and local tax deduction, the s.a.l.t. deduction. there were members that ran on being deficit hawks. there are republicans that ran on thinking that we had built up too much deficit and we need to get our budget under control. we're going to have to find a way -- >> they're not going to like any of these premises. >> i agree with that, but we're going to have to find a way to balance all of these needs and get to a tax plan that makes sense but it allows us to continue to drive our economy, continue to drive the economic growth and continue to drive wages and jobs. >> well, you heard the house speaker say some of this may be done through reconciliation, which implies the senate isn't going to seek a ma

santuario y ahora mas que nunca a al paso de de esta proxima administracion nec necesitamos una liderandonos este esta reafirmacion de cuan importante es defender a los inmigrantes. >> no solo es la comunidad hispana la que esta en la mira de la administracion trump. de acuerdo a fuentes de nbc, os ciudadanos chinos considerados en edad militar y que se considere que viven ilegalmente en estados unidos, estarian entre los primeros en la mira porque pueden suponer un riesgo a la seguridad nacional. >> ellos estan preparadodos ra atacarnos y nosotros nos estamos preparando para responder. >> tenemos abogados a nivel nacional que van a estar listos faltando poco para que biden salga del poder. >> legisladores democratas y tambien beneficiarios de tps y daca le piden proteccion a la casa blanca en washington. sulema salazar noticias, telemundo. >> y tambien hoy el presidente electo reitero su descontento por las tarifas exorbitantes y el manejo del canal de panama, amenazando con exigir su devolucion en arizona. trump dijo que esta estafa a estados unidos va a parar i inmediatamente. reca

liz peek and syndicated columnist fox news contributor and snbc former nec chief economist at the white house and taylor riggs, cohost of the big money show here on fabulous fox business. all right, kids, welcome back. can we just talk about gail's and creative destruction, font of capitalism, new energy that's coming up again with you, liz peek? you know, i am prone to rhetorical exaggerations, but in this i think i'm just stating the plain facts of the matter. >> i think it's poetic. it's poetic, larry. [ laughter ]. >> i think the mood has changed in the country and i was at an event with a lot of business leaders and every one of them told me i'm traveling abroad and everyone want toss be in the united states. this is really a -- wants to be in the united states and this is really a change and they want to invest here and really excited about what's going on and by contrast, europe is like a dumpster fire so you can understand that. but i do think that it has to do with regulation even more important than taxes and biden spooled out layers upon layers of regulation and having to do

the big three being bessent at treasury, kevins hassett as nec director and russell vote as the omb budgetirector. these are market-savvy, supply-side, pro-growth, king dollar advocates. speaking of nominations, all right, get ready. many trump has december -- mr. trump has designated over 70 major positions so far in just four weeks. the speed of his transition decision making is virtually unprecedented. peace through strength on the national security side, pro-growth on the economic side. promises made, promises kept. he told us in his victory speech on election night, and we should take it seriously. bringing the can country together and ending the divisiveness of the biden era, success is the best way to unify the country. these are all trumpian themes. they're all america first themes. and they're all golden age themes. just what the country needs. and that's the riff. all right. great pleasure, joining us now, incoming white house national security adviser, our great friend, florida congressman mike waltz. first of all, mike waltz, congratulations on the new position. >> thank you, h

all the late-night television shows, pbs, 60 minutes, nec, they all went along.h yeah, let's attack trump. these people on the late-night shows of the biggest offenders. i can't even watch them. all they do is attack and it is out of balance. during the election time, we had a guy who i thought was a fair guy doing the interviewing and have a woman who was friendly and had some kind of relationship with harris and it was all softball questions. it is not one side or the other. what i do and your highlighting the one side and i understand but if you look objectively, there is an army. take the view, have you ever watch that? they totally attack anyone who doesn't agree with them and they are very toxic as well. i just hope in your reporting that you are inclusive of about this because the reason why people voted for trump is because they are tired of the so-called swamp where all of the united people in washington and hollywood and the networks are all together, like one group and they are very powerful and they don't have the money but they have the media and the

there's obviously speculation about the larry kudlow at the nec. how big of a priority should this be and is it something that could be executed for a delayed reaction rather than full-blown? existing speculation about that but have not participated in discussions on that matter some just not informed. if there is something cooking or not something cooking i cannot say and i'm not dodging a question i just hear a lot of things going on in government and it would be something that we happening with the treasury and it just not sure is going on. >> what about you more generally on capitol gains tax? cook's public finance economists indexing capitol gains for inflation is a worthy idea. it's probably not nearly the big deal now that it was back when inflation was a really big number. but it supposed to be on real income we should indexed capitol gains. it's not uncommon around the world to do so. if someone told me the u.s. had decided they had figured out a way to do that that would be negative it would be a positive. >> approved from inside u.s. tra

former nec deputy director everette eissenstat pond trump trade policy and we will speak to torsten slok down to the jobs report. stocks mostly flat as traders await the november payrolls. priya misra writing, "the number of payback from the hurricane and strikes but anything below 250,000 suggest a loss in labor market momentum. what can result in a pause in december is 300,000 and payrolls." -- ins payrolls. " priya: there seems to be a slowing. you are getting a slower pace of hiring. what we saw in the july and august reports, slowing and then a strong number. you have to think through the underlying trend. we see the labor markets growing. nothing dangerous. the speed is not high. you start to average at the last couple of months, if it seems like the trend is slowing that is why the fed is saying monetary policy is still restrictive. despite risk assets, it is the hiring pace. jonathan: important question for the bond market. the markets are underpricing downside risk to jobs data. do you think risks are asymmetrical to lower yields? priya: risk assets might be. the bond market is

all the late-night television shows, pbs, 60 minutes, nec, they all went along.yeah, let's attack trump. these people on the late-night shows of the biggest offenders. i can't even watch them. all they do is attack and it is out of balance. during the election time, we had a guy who i thought was a fair guy doing the interviewing and have a woman who was friendly and had some kind of relationship with harris and it was all softball questions. it is not one side or the other. what i do and your highlighting the one side and i understand but if you look objectively, there is an army. take the view, have you ever watch that? they totally attack anyone who doesn't agree with them and they are very toxic as well. i just hope in your reporting that you are inclusive of about this because the reason why people voted for trump is because they are tired of the so-called swamp where all of the united people in washington and hollywood and the networks are all together, like one group and they are very powerful and they don't have the money but they have the media and they