Just a fraction below 3,000. It is one that misses out on a new record. We have a lot boeing on. Waiting for new comment from President Trump at this hour. He is hosting a social media summit at the white house. He is also expected to make announcement of some sort on executive action related to maybe the Citizenship Question being added or not added to the census anything on either topics well bring breaking headlines as soon as we get them. Blake burman is there at the white house for us. Gerri willis. Is fully outfitted down on the floor of the New York Stock Exchange on recordsetting day. Hey, gerry. Reporter United Health systems was propelled. Trump agreed to kill a proposal that would overhaul rebates collected by middlemen in the drug business, between the insurance companies, the Drug Companies. He is going to kill that. The drug Company Costs that really helped company like unitedhealthcare that has optum rx is their middleman company. They are on fire as are others in the category. Nasdaq got slaughtered today, they missed their record close because what is happening to pharma stocks. Pfizer, merck, lily, all the stocks down. Why . Because they expect trump to turn to directly possibly going after these Drug Companies to control drug prices. So this is all about fear and loathing in the stock market right here. Eli lilly down 4 . Pfizer down two and change. Merck down nearly 5 . Theyre all worried about that, back to the s p 500 for just a second. I dont know how much closer we can get to 3,000. Were a shade off of that. Maybe when everything settles that is over the level. That is meaningful metric here. That is 500 stocks. Not just 30 for the dow. Thatconnell that is a record, gerri. Maybe one hat a day. Jeff sica joins us and adam johnson. Adam, weve been through this a million times. Back to dow, 10,000, whatever it is, we get to round numbers people say it doesnt matter. Sometimes there is some sort of psychological significance to gerris point, whatever is going on in the world, there bs on the s p 500, what is your take . Round numbers mean a whole lot right now, connell. I know weve been saying this for a year, especially it is true right now. So much cash on the sidelines, interactive brokers. Not as big as charles schwab, Td Ameritrade. Their client accounts have more money, more cash in them than they have ever had in their history. You know october scared people. December scared people. People are saying another round number missing out . It will want to make them get back in. Connell that is a good point, interesting point, jeff, people, regular Retail Investors are not overly excited to adams point about things. Maybe they should be. What is the next move here, do you think given everything you now know supposedly about the federal reserve, right . Keep in mind, what you have, you have a lot of those people starved out of the bond market initially because Interest Rates are, were so low. Now you have a fed. I think everybody, everybody was, a lot of people were surprised about how dovish powell was. You have the potential of another Interest Rate cut. If you have another Interest Rate cut, those same people that were starved out of the bond market, ones kept a little in are going to be tented to chase the ally. As adam says, nobody want to miss the party. You maybe feel i have another moment i could catch the end of it. Connell which if i haves us another leg. Adam, jeff, are sticking around. Susan. Susan were expected to hear President Trump in a little bit. He is holding a social media summit at the white house right now. Some of the biggest names in the industry were not on the guest list. Blake burman is at the white house. Reporter when you think of social media, facebook, twitter, come to the top of the list. Those companies are not attending here at white house. A social media summit described by the white house. The president is making remarks right now at the summit. Well get the tape shortly. I reached out to the companies earlier today. To see if they had any reaction be and they had no comment. The tweet set this up a big subject at White House Social Media summit will be the tremendous dishonty, bias, discrimination, and suppression practiced by certain companies. We will not let them get away with it much longer. He went on and criticized what he calls as you can see there, the fake news media. As far as those in attendance, the president described them just a little while ago as influencers, those who were quote, challenging the media gate keepers. The comments are going on right now. We believe well get them shortly. The president topped off the remarks talking about what is going on what happened on the corner of wall and broad. He called it a quote, very special day. Susan blake, thank you so much. As the summit continues, twitter is back up for most users, i wouldnt call it a freak outage, 25 minutes plus. But what do you think happened . They said, they were testing something, that i guess screwed up the wires. Felt like they kicked the wire out of the wall. I havent seen twitter go down like this ages, literally not working at all. Im sure it was a code update or Something Like that. Twitter has been working very hard on the platform, introducing new changes. The interface changed a lot in the last three month. This is kind of thing you can expect when you make big changes. But timing could not have been, i dont know better or worse. It was like, just at a moment we all want to talk about how no social Media Companies are at the White House Social Media summit, we cant use a social media platform to do so. Susan vince, great to have you, the daily caller editorial editor. Can you call it a social media summit if you dont have facebook, twitter or google there . The president is trying to diagnose the problems. He is having conservatives who are concerned about the way the social Media Companies are conducting their business. There is real evidence of things to look at. This started a couple years ago, a publication called gizmodo, that facebook was removing conservative headlines from trending topics bar. It continued to spill out as internal secrets keep coming out. One of the guys in attendance, james owe keith, having internal employees at google, reveal employee conversations many figuring out ways to suppress conservative speech. Or figuring out ways to get facts on to the site. One of the big problems facebook faced is after the 2016 election, they said, oh, no, we didnt have any russian influence. No one was messing with our platform. What they learned people figured out how to use the platform to influence tons of people with fake information. They have been struggling since then to figure out the right way, they never wanted to be a media company. They are a media company. Susan but, vince, let me take this back here. If were going to have a lot of conservative voices that contend there is a liberal bias on social media sight, why not bring the social Media Players and talk with them directly. President said that is important. He talked with jack dorsey. Susan he pet with them oneonone, but why not them voice their opinions too . I think that is important but obviously the guest list the white house assembled is interested in diagnosing the problem, rather than confronting social Media Companies. If the point was to confront them, they would be there. Susan a diagnosis, no remedy if that is the case, right, lance . He is sounds a little bit like he is threatening. Well not let this continue, talking about certain companies. The fact they didnt mention the companies, another indication he didnt plan on bringing them in there. This isnt even a balanced summit. So he has a bunch of conservative influencers in there. He doesnt have any liberal influencers. That is not true. It is not a balanced, im not entirely sure what his plan is for this. But it is also kind of mixed up. He mixed up social media with his frustration with some of the Media Companies and how they cover him. So all kind of a, doesnt really sound like susan vince, 10 second. I just want to say, yes, sir most of the people there are conservative. Theyre not uniformly conservative. Tim poole is liberal journalist worked for vice. He thinks illiberal left is there, this is little more Diverse Group that the press at large is giving them credit for. Susan well hear from the president for the social media summit. Connell we probably will this hour. Different angle, staying in the realm of technology, pushing new digital tax that targets american tech giants overseas in france of the Trump Administration launching into an investigation on 3 tax on revenue earned by large internet companies, like amazon, facebook, like google in france. This tax is expected to go into effect in january. Our original panel is back. Jeff, adam. What do you make of this . Almost to play off of susans conversation the president accused of freezing out companies at social media summit he is standing up for social Media Companies overseas. I wonder what that will mean . Will there be retaliatory terrorist for example, down the line. To address france, only thing france likes more than wine and cheese are taxes. The fact theyre doing this is not surprising but here is what is happening, here is what it important to realize. Is that you have a, these Tech Companies that are gathering data from france and from other European Countries around the world. These countries are looking at a possibility they should charge for some of the data. That is what the tax is. Now i agree 100 with what President Trump is doing, trying to curb the taxes because they are discriminatory against American Companies but the problem is, you also have to address the fact of how the Tech Companies make money and how are we going to, how are we going to promote them in a way that does not create this trade war . Susan that is my point i guess in part, adam. He is the tariff man, after all, President Trump, if he looks at something, doesnt like it, wants to go after a country like france, i dont like this tax youre putting in place, internet companies, a lot are american, tariffs is often the tool, right . What do you think he will do here . Kind of the same thing here. I dont like france taxing our businesses. I dont like tariffs. Susan which is a tax. I dont like it either way. The big Tech Companies are an easy target. John dillenger, 20s or 30s, they asked him why were you robbing banks . That is where the money is. Big tech is the where the money is. They are easy target for number of reasons. Whether you dont like privacy issues or squelching free speech. Go after on fake news or dip into the cookie jar to take some of their money. That is where the data is. Susan a little bit of everything. Adam, jeff, thanks to both of you. Appreciate it. Susan debates over the Citizenship Question growing as President Trump set to make the remarks around the white house around 5 00 p. M. What options does the president have that follows the constitution . We are breaking it down. That comes next. Connell amazon is preparing to retrain its workforce it says so employees will have advanced rolls, will the plan, a pricey plan end up paying off in the long run . Thats coming up. All Money Managers might seem the same, but some give their clients cookie cutter portfolios. 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Reporter President Trump will direct the Commerce Department to find another way to figure out how many citizens are in the United States. My sources are telling me theyre possibly looking alternative research on going, that is linking the system, 2020 system with other tax systems like the tax records as well as social security. Other federal and state sources this is something looked at ongoing by this administration. Now republicans think that the tax or some form of the census Citizenship Question should be on the census but just listen to what Kevin Mccarthy has to say about this. I think the president has the right to do it. The Supreme Court actually said that in the process if you read it. I think census only comes around every 10 years. We ask numerous amount of questions. This is data we have a right to know and should know. Reporter democrats say we should be more welcoming. California could gain number of representatives a nancy pelosi says he can do other things. He will try to do other things but he cant get around the injunction. Reporter usmca Democratic Working Group is meeting today. Democrats are concerned that the agreement doesnt have enough protection for workers or environment. White house says the usmca is best trade agreement ever associated. Its a bipartisan agreement that deliver as win for americas farmers, ranchers, businesses and workers. The administration would like it ratified by the end of summer. He is letting lighthizer work through the democrat concerns on this. Mexico already ratified it. Canada says they would like to ratify it, would call back a special special if could get up for a vote this month. That doesnt seem likely. Back to you. Susan edward were awaiting President Trump an comment from the social media summit, but as we await that play back. Already speaking to the press. President trump will call a big meeting of Technology Companies pretty soon, given that twitter google. Facebook were not in attendance at social media summit. It would be right thing to do. Connell partially answers some of the questions earlier about whether or not he would meet with them down the line. Well have that tape we think shortly. Connell meantime shorting us now is constitutional law attorney. Getting back to the Citizenship Question Edward Lawrence was reporting on. This is complicated unless youre in a profession like yours. Explain to people. Try to stick to the law, explain, before we start speculating what the president might do today, why it is been so difficult to get this question put on the census. You have to have a rationale, right . Seems to me their rationale was rejected by the courts. What happened . That is exactly right. What happened when you have to follow federal law to issue a new rule or regulation, they have to as they say turn square corners. You cant take a shortcut, you have to have a basis, a rationale grounded in some kind of an administrative record, shows this is really the legitimate reason rather than than some kind of a pretext. A Supreme Court in the razor thin 54 decision, this was a made of up pretext. It was not grounded in any actual basis. Therefore the president based upon the Supreme Court ruling that only happened a couple days ago really stuck between a rock and a hard place. Connell right. Specifically the constitution which only counts citizens that only, counts people, but not citizenship. The Supreme Court ruling which affirmed the injunction. That leaves us where we are today. Connell doesnt leave the president or administration with many other options, if your rationale we have to enforce the Voting Rights act, the court said, no, no, you made that up as a reason to get the question on there, that doesnt fly with us, enough judges said that. Right. Connell if you want to find out about citizenship, that is the goal, you have to find a different way to do it. Are there other options available through some sort of a executive action, something you can think of maybe makes sense from the president s point of view . Perhaps. There is one way to go, one way not to go. Way not to go, if the president announces within the hour or so that he will have the Census Department not issue a full census questionnaire, what is known as survey, a shorter, less broad mailing, i still think that you cant do indirectly what youre not allowed to do directly. Connell right. If the president orders a collection of data already within the federal database, within the federal Agency System he can probably do that. He has to walk a very Straight Line. He has to turn a square corner. This is sensitive political issue, he has to really walk a Straight Line here. Connell one of graphics were showing as you were speaking some countries that do have questions like this on their census. Australia, canada, france, ireland, indonesia, on and on but the point, what is the goal of your census . I dont know what it is in those countries, how theyre defined, the goal of ours is counting how many people in the country. Anything else would be extra. Bingo. Saksly right. Constitution reiterated in the 14th amendment, you down people, you dont count citizens. The president has to walk a line adheres to the constitution and Supreme Court ruling. There may be a way for him to do that. It will be interesting to see what he announces over the next hour. Connell a lot of people are really curious. We should that within the next hour. Seth, thank you very much. Appreciate it. Susan i find this unbelievable this could happen in 2019, many questioning whether security is tough enough at Buckingham Palace after a 22yearold man was able to scale the front fence and bang on palace doors before officers got him. He was a few doors away from the queen sleeping in her bedroom. The man was arrested and released from custody while the investigation continues. As i mentioned the queen was home at the time of the intrusion. Would you think in the surveillance hightech era that we live in, you would not be able to break into a place like Buckingham Palace. Apparently not. Connell or the white house. Not long ago a guy wandered up the north lawn of the white house. Got into the building. Crazy when things like this happen. Severe flooding taking over the state of louisiana. Well go there. This is dangerous stuff, could get worse over the weaken ass are residents embrace for Tropical Storm barry. 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Prevagen. Healthier brain. Better life. Award winning interface. Award winning design. Award winning engine. The volvo xc90. The most awarded luxury suv of the century. Connell breaking news on boeing, a boeing 737 program manager, Eric Lindh Blatt will be retiring the company says in matter of weeks after just 12 months in that position. Comes as the company is dealing with one of the worst crises in history surrounding the 737 max. Those jets, max 7 and max 8 jets still on the ground after two deadly crashes that killed nearly 250 people. This executive according to the company is retiring. There you go. We want to take a look while were at it. It was in new york. Look at a video of a taxi in new york crashed into a restaurant here in the city, broad daylight, middle of the afternoon, jumped curb. Hurt eight people in the process. None of the injuries were understanding are not lifethreatening. Unclear what the cause was. Earlier in new york city, a taxi crashed into the restaurant. Susan i was talking down the same neighborhood yesterday. Lets hurt our attention to hurricane watch. Were bracing for the first hurricane of season striking new orleans ahead of a powerful storm. Fox newss Rick Leventhal live in new orleans with the very latest. Rick . Reporter susan we heard from louisianas governor this afternoon who said this is the first time in the history of the city of new orleans theyre facing a hurricane making landfall while the Mississippi River is at flood stage. This river is rising. It is at about 16 feet. Normally the river bank is other side of those trees. It has come up to this levee which borders the ninth ward, which back in Hurricane Katrina in 2004 was underwater. A lot of homes were swamped. Theyre worried with storm, a possible flood surge of three to five feet, 10 to 15 inches of rain, possibly 20 inches falling, they could overtop the levee. This levee is 20, 25 feet. The river gets to 19 feet. They think theyre okay in most of new orleans. We saw heavy rains bring flash floods. Levees could be overrun. They issued evacuation orders in plaqueminess parish, theyre closing floodwalls. Urging residents on south side of floodwalls you need to leave. You will be trapped. Officials are worried a lot of folks will not heed the warnings. People dont want to leave their houses. Before katrina we had a bunch of people that stayed. We had smaller storms. They just got comfortable saying oh, it is not going to be that bad. Then that came. It caught a lot of people offguard. We hope for people take heed and go. Reporter susan we can tell you half of the Oil Production and natural Gas Production in the gulf has been shut down in anticipation of the storm. About 1 3 of the employees on board the platforms and rigs have already been evacuated or are being evacuated today. Susan thats right. Why oil is back up to 60 a barrel. Rick, thank you so much. Connell all right, the tsa addressing a security issue that followed a fox Business Report from our own Hillary Vaughn that expose ad major loophole. Now changes are coming. Well have the details on that as we continue. Susan spending hundreds of millions of dollars to retrain workers. Amazons big bet pay off . Wall street guy. Whats the hesitation . Eh, it just feels too complicated, you know . Well sure, at first, but jj can help you with that. Jj, will you break it down for this gentleman . Hey, ian. You know, at Td Ameritrade, we can walk you through your options trades step by step until youre comfortable. I could be up for that. Thats taking options trading from wall st. To main st. Hey guys, wanna play some pool . Eh, im not really a pool guy. Whats the hesitation . Its just complicated. Stepbystep options trading support from Td Ameritrade play it cool and escape heartburn fast with new tums chewy bites cooling sensation. Tum tum tum tums with new tums chewy bites cooling sensation. Youre smart,eat you already knew that. But its also great for finding the perfect used car. Youll see what a fair price is and you can connect with a truecar certified dealer. Now youre even smarter. This is truecar. Susan history on wall street. The dow closing up 227 points. That is a nice round figure above 27,000. It reached there for the very first time, thanks to a rally in health care stocks. This is after President Trump scrapped a key plan to lower drug prices. S p 500 also ending in a new record high, so close, to finishing above 3,000. We didnt get there. That is pretty close. Right now the president is hosting a social media summit at the white house ahead of his remarks at the top of the hour. The president is expected to announce his decision on adding a Citizenship Question to the census. All the latest comments from the white house as soon as we have them. Connell seeking solutions for the future of work, amazon with a big announcement, it plans to spend 700 million over the next six years retraining a third of its workers. Our own Deirdre Bolton is here with more on that. Lance ulanoff as well. Deirdre, a big move from amazon. It is a huge move, but in some respects, connell, there is a lot of people including many consulting firms this is actually the smart way to go. Every time these corporations lose Key Employees they pay anywhere between 150 to 215 of that persons total package to go out and rehire somebody to fill that persons shoes, wait until that person is up to speed, even if the person is a genius, right, there is corporate culture. There is getting along with colleagues. This is costly as far as timing goes, as far as effort. Just downright dollars. Technology is changing so fast, even if youre amazing coder in python, a lot of finTech Companies use that language, in six to eight months there is already tweaks. Connell right. A lot of companies, honestly it is cheaper if we invest in the employees we already have. Connell that part makes sense, lance, that part used to be, not used to be, recently as last week, people learn to code. That will be the answer to everything. Deirdre is right, keeping up with this, you have to learn how to adjust, maybe you adapt with the company. Maybe this is big investment or enough given how much automation well be facing over the next decade or next two decades, forget about it. There is a lot of jobs at risk here, right . They have a lot of factory workers, right . They have a lot of factories, tens of thousands of factory workers, only a fraction of the work is done by robots although they have a whole lot of robots. That will change over time, not having people out of work in the face of automation is retraining. This is exactly the right thing to do. Any study i looked at how jobs and how the economy is impacted by automation says you have to retrain the workforce. Connell right. You cant just wait. Amazon has been on the path for a while. I think a sixyear plan is great. In a decade they will have a lot of automation in the factories. Hopefully a whole lot of people will be in new jobs. A lot of people cite the oxford economic study, deirdre, bigtime numbers, killing 20 Million Manufacturing jobs worldwide by 2030. Lance is right, you have to train workers to do other things. You wonder whether or not we can do enough of that. Is there Something Else, andrew yang running for president brings up basically universal income. Handing people money. It is all about this but i dont know if that the reason that comes up. There are compelling arguments on both sides. Technology will be part of every single job in the future. Even Artificial Intelligence. There are contextual things, e 2, right . Emotional quotient, right. No matter what business youre running youre doing business with other humans for at least the next generation. You would hope. Reporter amazon is getting a clear showout for thinking ahead. I would be remiss, Jpmorgan Chase has a partnership with mit. At t has a partnership with notre dame university. Other Large Companies are trying to figure this out. It is not for altruistic purposes. Connell so many industries. One you would think of, ours as half a joke. I was at hong kong, in hong kong at wall street journal tech conference. They had the Artificial Intelligence news anchor there. There was no Deirdre Bolton. That is google is working on, have the computer make the appointment with the hairdresser. It sounds completely natural. The front end, direct Customer Relations will be handled in automated, computer or a. I. Fashion. Connell crazy world. Those studies, the oxford study, they talk about the pace of change, if the pace of change is matched by retraining then were okay. If the pace of change goes too fast, then you will have more people out of jobs because they connell you cant keep up with it. We have to go. Thanks, lance, deirdre, appreciate it. Susan score one for the fox business team. The Transportation Security Administration issued a mem we addressing catering security following a report from our very own Hillary Vaughn about the vulnerabilities arising from the use of private contractors to conduct security checks on catering trucks. Hillary has obtained a tsa memo instructing inspectors to come up with changes to the catering security program. Hillary vaughn joins us live from washingtons Reagan National airport. Congratulations to you, hillary. Reporter thank you, susan. We obtained this tsa internal memo that came out this week following right on the heels of a major exclusive report that we reported exposing a food truck loophole. This internal memo sent out this week by the tsa is now instructing that the inspectors internally, come up with changes to catering trucks screening processes. Last week we reported on a trove of internal tsa documents that show catering trucks roll through our airport gates unchecked by tsa. Instead they farm out security through airlines. They pay private contractors to stop them from explosives going airborne on catering carts. Our investigation revealed that tsa had internal audits that these private contractors failed to follow it. Sa protocol in 2018. The tsa ought deaded flying Food Catering Company that served planes at Jfk International airport. 95 of the Airline Security contractors failed to check the catering carts correctly in the new memo. They recommend include tsa employees and not left to Airline Workers or paid private contractors. To tsa whistleblowers said added line in the memo is direct response to the National Security threat we exposed. The tsa is denying the new response is because of our report. They said it was part of an assessment they conduct in the the spring. The reference assessment was cablinged in march and april of 2019. As we each special emphasis assessment a working Group Convenience to discuss potential policies to enhancement, security policies, training and procedures. As a result of the assessments findings in this new memo we obtained, there is not just a problem with food making it on board unchecked. There are issues with different items like ice, magazines blankets delivered to aircraft unscreen and unchecked. Susan hillary, thank you. Connell paying 1000 for a bunk bed . Susan pricey. Connell new trend taking over cities in california. The Housing Affordability crisis is worse over there, well speak to the ceo behind this phenomenon coming up next. Were waiting for the remarks from President Trump on two big events in the hour. Social media summit is underway at the white house. The president told reporters there, he is directing his administration to explore all regulatory legislative solutions to protect free speech. That is something these Companies Might be interested in. Well play that back, when we get it. After that wraps up, the president expected to make announcement related to the census. Stay with us for all of it. Well be right back. Fisher investments tailors portfolios to your goals and needs. Some only call when they have something to sell. Fisher calls regularly so you stay informed. And while some advisors are happy to earn commissions whether you do well or not. Fisher investments fees are structured so we do better when you do better. Maybe thats why most of our clients come from other Money Managers. Fisher investments. Clearly better money management. Hey i live on my own now ive got xfinity, because i like to live life in the fast lane. Unlike my parents. You rambling about xfinity again . Youre so cute when you get excited. Anyways. 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The kohler walkin bath comes with fully adjustable hydrotherapy jets and our exclusive bubblemassage. Everything is installed in as little as a day by a kohlercertified installe. And its made by kohler americas leading plumbing brand. We need this bath. Yes. Yes you do. A kohler walkin bath provides independence with peace of min. Connell cashing in on a growing trend, canopy growth, which is one of the Worlds Largest Legal Marijuana Companies Making a big bet on cbd. Ashley webster has been reporting today from that companys headquarters, smith falls ontario. He joins us with more. Ashley, not in his usual tailored business suit. Looks better than usual i have to say. Take it away, my friend. I think i found my look, connell. The reason im dressed like this, if i bring in any contamination, if a little caterpillar jumped on my clothe could have wiped out all of the plant in one room. Each of those plants, Marijuana Plants are worth absolute millions. Why . They can be cloned up to 2,000 times. I could snip off one of the stems, put it in soil, treat it like a baby, give it all nutrients, you have another plant. In this room alone there are millions and millions of dollars. They have 47 other growing rooms. It is big business, not only for recreational marijuana, medical marijuana, but also for cbd. That can. They say concerns are overblown. People have been consuming cbd for hundreds of years, people were dropping dead on it we would know. Canopy, connell, susan, theyre already in the United States have seven facilities from california all the way to new york. They believe that the u. S. Is the next big market. But of course they need federal help. What about the federal Banking System in the United States . The use of cbd, only 11 state allow recreational marijuana. Once federal approval is given, canopy says it is positioned to get access to the u. S. Market which as we know is a huge market indeed. What an operation they have here. Connell one of the more succinct arguments from a ceo. If people were dropping dead i think we would know. Take it for what it is worth. Ashley, looking good, my friend. Susan breaking bad, walter white. Bottom or top bunk costs you 1200 a month. Theyre called coliving spaces. The ceo behind this says she is building universal housing network. It is a byproduct of the Affordable Housing crisis. We have pod share alvina beck. Down payment, 1200 but hey, you get rahman with it. How many people have signed up . We housed 65,000 people since 2012. Duration of stays is month. You consider us a Bridge Housing opportunity, someone getting feet wet in a new city, tries before they buy in different neighborhoods before the annual lease. Susan im not into communal spaces, i will be honest, what about privacy . Do you get to choose the bunk mates . If you dont like your whole location you can transfer across the network unlimited. You dont want to live in venice, go downtown, hollywood. Imagine this across the world one day. Choosing bunk mates or choose location in a day. Susan right. Okay, what about safety concerns . You dont get to choose the bunk mates, how do you know that youre safe in that space . So our floor plan is our biggest security measure, counterintuitive to most people that need privacy. We have only two points of exit. If there is any harm, you go to the other side. You have eyewitnesses which means there wont be theft or hankypanky or inappropriate activities. You have eyewitnesses. Plus our staff is on site to make sure every thing is community. If they are not, we ask them to leave. We dont sign a lease but you were a terms of use to be a good roommate. Susan youre in l. A. , and san francisco. It sounds like a hostel. Why not call it a hostel . They max you out at three weeks f youre moving, cant afford it, they wont take you. We have nine months staying with us. People with one night. Really flexibility. People are rigid with what housing means. If there is roof over your head it is housing. You can pay by day and cash this is something, 40 of the americans cant afford a 400dollar expense. 40 a day every single day is housing. Susan especially in highpriced cities you talked about where youre living. Good to see you. Thank you. Connell President Trump set to make remarks moments from now on the census. The Citizenship Question how he may handle that going forward. That is something debate here what you to know when we return. Well be right back. Connell theres breaking news at the white house following two events with the president. Hes expected to deliver remarks live in just a few minutes from now, expected there to address his thoughts, how hes going to handle this issue of whether or not you can ask about citizenship on the census or maybe its some other venue, and he just wrapped up his meeting on social media. Seth is back with us, and vince is back with us. Vince, i will let you handle the social media. You were talking to susan earlier about it and one of the things that came up was addressed i believe by the president. I guess this is the headline to come out of this meeting. It went on for 45 minutes or so. The president said indeed he will ask representatives from these companies, you know, we assume this is twitter and facebook, maybe alphabet, to join him for a conference at the white house. So i guess today was kind of airing of the grievances and at some point these companies will be invited in. What you basically expected, right . Thats right. Seemed like that based on attendance and the president does want these social Media Companies to come in and have a conversation. It would behoove these companies to do that because theres an appetite both left and right to regulate these social Media Companies. Right now for albeit very different reasons, the left would like to see different forms of speech taken off of some of these platforms, whereas the president s arguing that he would like them to be more open platforms and importantly, section 230 of the Communications Decency act actually protects these companies from litigation because it treats them as open forums. If they start judging which contents appropriate they run afoul of that and the president may want to take a look at it. Connell that will be discussed at a future date. On the other issue, this is coming up in a few minutes, and you will see this live on fox business, seth, we were talking earlier about how does the president thread the needle on this Citizenship Question. The courts have already rejected his original rationale and maybe to give viewers another preview of this, maybe theres a way around that or Something Else he comes up with. What do you think . Exactly. He will be basically walking a constitutional tightrope to balance all of these factors on this very interesting announcement right around the corner. I think that you can really track this going down one of two lanes. Either hes going to have the Census Department take a passive role by just collecting data thats otherwise held in the governments hands, at which point they basically park the car and the controversys done, or he has them take an active role such as sending out not a census but a survey. There is still going to be litigation on that. That will get fasttracked to the Supreme Court. Connell we should find out in just a few minutes. Sorry to cut you off. What the president does on that issue. Susan the marketmoving news as well. Rates should be coming down. Connell susan, thanks. Thanks to everybody for joining us. Bulls bears starts right now. David wow. Winning bigtime on wall street. In case you missed it, folks, take a look at this. The dow soaring today, closing at a brand new record high and above 27,000 for the very first time ever. Thanks to a rally in health care stocks, the s p 500 also ending at a new record high, just a tick short of 3,000. It is a very busy hour. Weve got a lot of breaking news as well. President trump is expected to make a major announcement that could intensify the already heated legal battles over whether to add a Citizenship Question to the 2020 census. This after holding his social media summit. The very latest on all of this
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