and a big loss for china. >> great point, steve moore here. there is so much i want to ask you about this, this is such breaking news about this potential deal, you are right both pelosi and president trump are big winners if they can pull this together. asking about mexico, i can not see how mexicans would not ratify this in a second, they are one of the big winners, maybe more on labor enforce. side, but mexico will sign it, will they not? >> they will. they stand to win, they understand what is at stake a larger scale. after nafta passed, so membership of our industries, moved to mexico. then after china joined wto, they moved out of mexico within to china, now with higher domestic origin rules, those jobs will come back to north america, and many will go to mexico. mexico understands that, that is why they hill up the transpacific partnership over automobile origin rules, they did not want to lose their auto industry. >> we have our own maria bartiromo that just said not long ago her sources say that usmca will come to floor for vote next

zachary, liz peek, john burnett and steve moore. things getting heated today after speaker pelosi announced house democrat will pursue articles of impeachment against president trump. >> do you think that president -- -- i don't hate anyone. we don't hate anyone, not anyone in the world. this is about the constitution of the united states and the facts that leads to president's violation of his ocea of the oa, as a catholic, i recent the fact that you use the word hate, i pray for the president all of the thyme time -- time, so don't mess with me. david: markets were largely unfazed. >> look. we have great news and reports on black friday, record making sales, and terms of the entire holiday sales. projections are over 1 trillion in sales, looking at it, why would wall street go for this head fake. nancy pelosi ended her speech, i was scratching my head, i said okay, what did she say that we didn't already know. wall street is not going to act off of head fakes or play actions, they want concrete information. >> barring this becomin

phased with nasdaq closing at a new high, i am david asman, thank you for joining us, joining us, steve moore, robert wolf, steve forbes and liz peek. we have white house economic adviser larry kudlow, he will join us in a fox business exclusive. but first edward lawrence on capitol hill. where the house is prepping for impeachment. where is it now? reporter: this is not an exact science but we have about 90 more minutes of debate to go before the historic vote opens up and starts. two other presidents have been impeached. last one -- tomorrow in 1998. that was a bipartisan vote. impeaching president bill clinton. lawmakers have been going at this, debating for last 5 hours, republican says that democrat have been looking for a way to impeach this president since -- took office. >> they have been intent -- their actions are motivate the by hate rehatred for president . >> democrats say look at witnesses we had. they laid out a pattern of the president obstructing justice but also trying to use the system for his political gain. >> this president donald j trump, coerced a fray fragile foreign

the 2nd display hence the play friend steve moore the. law clerk suspended the play for starters an era that defines overmanaged to play 1970 the big fugitive trade strikes december 23rd w played. the but . this is it really was life for her when she captured the attention of the world by taking aim at climate an action now granted to burke has been named time magazine's person of the year the teenage climate activist tells political leaders in madrid that their talks aren't doing anything to combat what she says is a climate emergency also coming up one sails as a human rights icon now defending her country's armed forces against charges of genocide memoirs uncensored she takes the stand at.

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we have steve moore back with us. l right steve, this is just the kind of argument you're making when people were in the throes of recession talk that the trend was the friend in the underlying economy was sound. what do you think? >> since we are dealing with music today and the neil cavuto show you know the famous beatles album, abbey road, right? because that's a different decade. >> the last time the unemployment rate was that love that's when that element came out. that's amazing. should i tell you about jay-z? >> there is nothing to complain about. all that talk two or three months ago where the recession is around the corner that the democrats were talking about. i'm looking under the desk, i'm looking outside, there's no recession to be seen. one other thing that i love and drum talks about all the time, lowest black unemployment rate, lowest hispanic unemployment rate, what's not to like about this? >> this is also a report card were good news is good news because we are not expecting an interest rate hike. mo

the circumstances explain the play from steve moore the. odd car suspended people play for starters an era that defines overmanaged to play 970. 2 to. search december 23rd w. played the but . this is good news coming to you live from but then protest is dropped to india's new citizenship in old demonstrators in the capital delhi torch because on clash with police this is a new bill that offers honesty to religious minorities from neighboring countries is plenty of muslims also coming up to anger and disappointment as not climb the talks and with no deal goes the un says the world has lost an opportunity to act with talks the heads of greenpeace international. the.

steve moore is brilliant guy and i like steve. he guessed broccoli?is the worst guess in the history of guesses. david: i have to be honest, i love oreos, i like the old flavor. this tasted kind of funky. i talked about my dog. >> you have refined palate and taste everything in wine and everything else like that? >> it means i have palate of a sophisticated 8-year-old. >> yeah. david: thank you. liz: happening now, house republican leaders mccarthy, scalise, cheney and doug collins expected to speak just outside where the house intelligence committee is voting on the impeachment report. tonight, the reality check. this is still not a full house vote which nancy pelosi still has refused to hold. the president has called for. one moderate house democrat fears voter wrath, the nation divided. republicans out with a rebuttal, senate republicans preparing to call hunter biden and democrat adam schiff to testify if it heads to the senate. as senator mitch mcconnell today blasted house speaker nancy pelosi for her, quote, empty rhetoric.

. >> wolfgang, steve moore here. what a difference a year makes.ear the market was in a huge selloff because of what was happening with the fed, where the fed had been raising interest rates in some ways cot interest way catad decision. now the fed this year cut rates. you talk about the strong dollar. obviously donald trump is concerned about that. i saw him a week or two ago and he was talking about how he doesn't like the dollar being as strong as it is. my question to you is what do you expect in the year ahead. you're bullish but the fed doesn't look like it will be reducing rates any longer. do you see rate increases? >> no, i really don't. i think we're going to -- hopefully we get inflationary pressure. you talked about wage increases. i think that is generally very good for the market. and i think what you have to watch for is what currency is going to go up. so the you beauty about a -- beauty about a market like this is you can have a strong dollar against the euro and not so strong against china and we're seeing a bit of this. you have

steve moore has some opinions on that and he will react. e one that's alexandria ocasio-cortez telling people that america is turning into a fascist state. good afternoon steve. >> merry christmas. how do you react to something like that? >> i think aoc needs may be a little history lesson because we are not a fascist country. we are a country that saves the world from fascism and that's one of america's greatest historic episodes, as when we defeated the fascists. fascism is government control of the economy that and may be aoc may want to look in the mirror a little bit. she has a very radical environmental agenda which would regulate everything in our economy from what kind of straw you can using your soda to what temperature you can put your thermostat in in your household on what kind of car you can drive. she wants the government to control the health care system, education system and day care system. that i would argue is probably a lot closer to fascism then she might define it as. >> ed: and you think that some of the rhetoric is be

neil: steve moore looking for a job on the federal reserve. ultimately took himself out of the running but a lot of people still want to see him there, maybe who knows in chairman role. former trump senior economic advisor joins us now. good to see you, steve. >> neil, good to see you. mary -- merry christmas. i saw the president yesterday at the oval office. i would love to see a guy next federal reserve board chairman, steve forbes. how about that? steve forbes for federal reserve chairman? neil: not a guy steve moore? >> i have gone through it. art laffer was there too. art is a good friend of yours. there are a lot of good people. neil: if he is reelected certainly would not be jerome powell? >> there will be a new fed chairman. look, i agree. think about neil, where we are today. this is what, december 18. remember what, i think exactly a year ago today, remember what jerome powell did. made one of the greatest mistakes in the history of the fed by raising rates. remember that, neil? week before christmas. the stock market fell by 2,000 p

for more on the big year on wall street, let's bring economist steve moore, distinguishing visiting fellowhe heritage foundation and former trump economic advisor. thank you for joining us. you heard what deidra was sayi saying. what's behind ultimately all of this? >> first of all, what a great time to celebrate the amazing american economy and our great american job creation machine. this has been a year of great advances in not just the stock market but wages, jobs. we are the alpha male economy in the world today. a lot of the other countries in europe and asia are struggling and we just keep plowing forward. it's a beautiful picture. they gains have been really widely distributed. not just to the wealthy but the middle class. it's a great time to be an american. >> heather: 9 million percent. >> i wish i had bought bitcoin. i would be in tahiti right now. >> heather: in terms of some of the other indicators that the economy is so strong. people who can't necessarily relate to the stock market and the increase in the strengths there. >> as i said, give you one statistic that i reported

joining me now, steve moore, trump 2020 economic advisor, why is the wealth tax seeming to gain popularity? >> i think a false narrative has been told by the democrats were elizabeth warren, joe biden or bernie sanders which is only thi rich are benefiting in the economy. i wonder if these people went to the mall this week in and see how people are spending t money. we are in the midst of thewe biggest thanksgiving weekend spending. people are making more money and i'm not talking about warren, buffett and bill gates but i'm talking about middle-class. >> laura: they are making more money. buti' a i want you to explain ts talk to college kids, they'll say big deal. they will not miss if you are worth $100 billion or $20 billion, that is a very small percentage. worth $20 billion, forced to give up $10 billion, big deal. >> herege is the big problem. you will rich people don't get rich never get the money out of themg rich people don't get rich by being stupid. the evidence, there are 20 countries mostly european countries that have tried wealth taxes over the last ten, 20, 30 years. it nev

christina, and steve moore and gary kaltbaum, we head to edward lawrence in dc with the sources for whatfinal piece came in to place multiple sources tells us that mexico agreed to changed made to usmca that deal between u.s. and mexico and canada now

host: what is your question for steve moore?: i wanted to know, us the opportunity to either write you or someone who is a thatis -- is a liason, we can kind of make these suggestions that we feel would help. we want to get involved. i am a black american, middle-class, trump has helped me. you know what i'm saying. these people get on the news and they talk about the religious people and the christians -- is it christian to be homosexual? is it religious to be a baby k iller? what is going on? guest: let me ask you a question as a black american, what does donald trump have to do to persuade more african-americans to vote for him in 2020? host: i believe he hung up, but go ahead and give your thoughts. lot ofi do talk to a middle-class hispanic and black americans who speak just as this man does. they like what is going on with their own lives and right now, they like what is got -- happening with their paychecks. poorly withdid very minorities in the 2018 midterm elections, and they have to turn it back. , he used to say that

where are the organizations club for growth which got their start, steve moore founded that and then it over and they pride themselves on the deficits and-- >> only when you're a democratic president do you wear. >> here is what they do. >> well, i heard democrats lecturing this party on-- >> same thing in britain. reserves and spending-- >> i wish the democrats could be happy for just one time and actually-- >> i thought it was a step in the right direction. >> every step by democrat, yes, it's good and it's not far enough. we don't have the public sector and the private sector in it. there are countries that offered paid women leave for 59 weeks. now what happens, the employers that do this, they don't hire women and that's the natural reaction of the market. for just federal employees. >> parental leave. i love nathan's point that it doesn't go far enough. we have to go to the private sector. remember, when you tell the private sector what they have to do, an equal and opposite reaction, and they say we're not going to do that. >> the democratic party if you look at a smidgen of p

versus main street, visiting fellow from the heritage foundation's project for economic growth, steve moore been a big proponent of the president's economic policies. how much has the wall street record highs gone down through into main street? >> well, there's 150 million americans who have either 401(k) plans or retirement plans or own individual stock that benefit from a booming stock market. so, you know, it's amazing the dow jones -- leland: you say 150 million. >> roughly. leland: so there's 180 million who don't. >> well, isn't that a shame? we need to get everybody to own things in america, and we need policy that expands stock ownership, no question about it. but, look, this means at least half of americans are benefiting from this. and by the way, when american companies do better, then they can hire -- leland: wages go up, etc. >> yeah. leland: you make an interesting point. of this half that has sort of participated in this incredible boom and this incredible bull market since 2009, and then you've got the people who pete buttigieg was talking to on the debate stage. let's take

steve moore, good to see you my friend happy saturday.l the end of a year, at the start of a new decade and just a few short days millions preparing to party hard, so how are officials preparing to keep everyone safe while they're partying we'll check in at times square coming next. david: 1 million people expect ed to pack times square to watch the ball drop on new years eve in just a couple of days preparations are already underway as you can imagine to make sure that we all have a happy and very safe start to the decade. fox business correspondent jackie deangeles has the very latest from times square. reporter: we are live at one-times square where the historic ball drop is going to take place. you can see the ball behind me. 2,688 waterford crystals, 192 of those will be replaced with new crystals, that celebrate the gift of goodwill and the traditional design of three pineapples. this ball is unbelievable. it is 12 feet in diameter, 11, 875 pounds, and it has more than 32000 led's. 1 million people are expected to attend live, milli

washington that's not meant as a complement >> blake: the former trump senior economic advisor steve moore middle class is doing in the middle of this debate. hello, good to see you in person >> good to see you too. >> normally see you at the white house buffets to face i'll take it. when you hear those comments you think what? >> well it's a tough sell for the democrats right now frankly. i mean, they are running against a president in a booming economy as you just said record stock market but look it's not just record stock market and it's not just the fact that we have 7 million unfilled jobs which is the reason the wages are rising. the story of this economy really is how well it's doing for the middle class. i had a piece in the wall street journal six weeks ago showing that according to census bureau data the average middle class family has $5,000 more income than they did just before trump was elected. that's a big increase and then what's been reported just in the last week or two has been that the wage gains for the people near the ballot are actually, that's telling us by the way

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reelection, this person has been real support for the president over the last 2 and a half years, steve moore good point here maybe he's heading to the white house for some job. >> that's what he told politico, he said he could leave the house in the middle of his term to start a new definitely undefined role helping president trump. he will work for president trump in some capacity, that's pretty clear from his comments, in terms of retirements, and it's telling, you brought this at the top of the hour, 20gop members that are retiring from the house not running office, peter king, will hurd as you pointed out, the wall street journal points out they all voted against impeachment. all voted against impeaching the president. maria: coming up impeachment history, we are taking a look back at the other two presidents that faced the same fate, impeachment, that's next, streaming wars heating up, disney plus, wait till you see what it's doing to netflix, back in a minute ♪ may your holidays glow bright and all your dreams take flight. lease the c 300 sedan for just $399 a month at the mercedes-ben

but as i say with steve moore and larry kudlow, gdp is not where we expected it.ia: i don't know they were expecting 4 to 5%. come on, i know the president said 4% at one point. nobody was expecting 4 to 5%. >> steve and larry were. but -- i actually think -- maria: we'll get the gdp today, in less than an hour. jump in, dagen. dagen: i want to ask you this. speaking of hits and apjoe biden. >> give me a soft ball. [ laughter ] dagen: i was going to ask you about -- i have it in front of me. michael bloomberg is taking shots at joe biden. he basically said the presidency -- here's what he said. he, meaning joe biden, has never been the manager of an r organization, never run a school system. the presidency shouldn't be a training job. you need somebody who comes in and knows how to run an organization. what do you make of that? >> i was with mayor bloomberg yesterday and, listen, he has a very interesting perspective. he also is making a pitch on electability. he's doing something that's never been done before. he's not going to the first four primaries. he's goin

. >> congressman, this is steve moore, by the way, you raised good point about the usmca, i was overe a day or two ago, they want to get this done before christmas, a vote, and this has been over a year, we have been waiting on a vote from the speaker, is this in your opinion going to happen, are we going to get a vote from nancy pelosi and by the way if it happens it will pass the house of representatives, would it not? >> we don't know, you bipartisan opposition to articles of impeachment. >> sorry, i was talking the usmca, if that were to come to a vote, would that -- >> speaker pelosi keeps insisting additional riders and additional associations, so i hope that we can get it done because farmers depend on it and manufacturers depend on it, we have to get it done. maria: what's the impact of it, when you say we have to get it done, how important is it to economic growth in your view, we keep hearing numbers of 200,000 jobs created as a result of usmca and is that what you're expecting, and also big victory to the president, is that what's holding her back? >> absolutely, we have m

world cup final goalscorer and my west ham partner for years along with bobby moore — rip old friend.‘ earlier we heard from steveammate of martin peters at tottenham in the ‘70s. he told us how he will remember him. martin was one of those people who just deserve more than being just a footballer of high repute, which he was. he did things for charity, he was. he did things for charity, he was kind, a proper gentleman and if he promised to do something he would deliver it. therefore with the world cup and things like that, these days, the footballers celebrate when they get to a semifinal. martin peters actually won the world cup andi peters actually won the world cup and i only played with two world cup winners in my life, the other one was ossie ardiles, and both very great people and very intelligent. his conduct with regards to, you are ina his conduct with regards to, you are in a special situation being a footballer at a top—class club, and because of that you are like a role model, and he took it serious, that you should conduct himself in a certain way. i have heard people speak on the television today a