Committee is meeting within the hour. What we know now and what happens next. Showdown in the senate. Democrats now have the votes to block neil gorsuch from joining the Supreme Court. Leaving republicans no choice but to go nuclear. More on this unprecedented move that may backfire on democrats. Conservatives could be coming closer to backing a republican healthcare bill. Well ask a member of the Freedom Caucus and housewares and means where we stand now. David the markets ending with the dow staging a major rebound, closing shy of positive territory. Here with a recap of the first day of the new quarter, phil flynn watching oil and gold from the cme. Lori rothmans, on floor of new york stock exchange. Lori, how Many Political events affected those situations on wall street. Reporter you can bet, david, this Trading Floor has the ear glued to everything coming out of washington, d. C. I think that has probably somewhat to do with the dow made up 100 points. It was looking good last couple minutes. Also economic news. The fact that Construction Spending came in at the highest level in 11 years. Obviously very bullish for the u. S. Economy and the markets. Really putting a cap on things. Disappointing auto sales, especially from u. S. Makers, ford, gm. Fiat chrysler all down cite a bit today. In order even worse, announcing its third recall in just one weeks time. Basically the latest 52,600, 2017 f250 trucks because apparently they roll away even when theyre parked. Obviously a problem there. On other hand you have tesla. That has bigger market share than ford. Reporting fantastic sales. Tesla, 25,000 vehicle deliveries that is a 69 increase in deliveries from a year ago. Back to you. Melissa lori, thank you. Phil, oil was worst performing asset in the first quarter. How did it fare as we kick off the Second Quarter here . Not very well. It started off a little bit higher and pulled down a little bit lower. A lot of that was on talk that libya will resume oil exports. The Biggest Oil Field shut down a beak ago. It is supposedly back online. You cant look at libya reliable supplier. We have to watch that very carefully. The other thing gasoline prices. Nobody is talking about gasoline prices. They hit the highest since january. That is tight situation on that. But the worstperforming sector was energy. The best performing commodity was precious metals. Gold eked out a gain. Concerns on geopolitical risk, giving as you rally. Back to you. Melissa phil, thank you. David clearly investors are looking for clarity in the new president s agenda ahead of meeting with the chinese president. We have list peek, the fiscal times and. Liz, we were down most. We went into a tripledigit loss exactly at the time the democrats announced the gorsuch vote would have to go nuclear. Did that affect the market at all. I think it is clear for some time neil gorsuch will sit on the Supreme Court no matter what democrats do. For the republican brand right now, i dont think it is all bad for them to come out and use the Nuclear Option. I think people who have given, voters who have given republicans the white house and both parts of congress are ready to assert themselves. Gorsuch had 2700 appeals cases. He ruled with the majority of 95 of the time, for schumer is not in the majority or not sort of a mainstream cap date is ridiculous and Everybody Knows it. It is pure politics, dan, following lizs logic, the market almost had a come back. It went barely negative. The market absorbed all of this, yes, they will go nuclear but gorsuch will be in . A lot of Supreme Court decisions that will affect business in the coming years. I assume from the start of the year that everyone knew that gorsuch would get confirmed at some point whether they use the Nuclear Option or not. I would have assumed that the markets care a lot more about whether or not they can somehow get rid of dysfunctional actions on capitol hill and do something on health care and tax reform. Melissa all right. The president pushing for a health care replacement, tweeting, quote, talks on replacinand repealing obamacare are and ve been going on and will cont until such time as deal is hopefully struck. Senator rand paul is on the same page after golfing with the president. We had a great day with the president today. We talked about health care reform. Sides are getting closer and closer together. I remain optimistic well get obama care repeal. Melissa joining me is congressman david schweikert, from arizona, a member of the house ways and means committee. And he is with the house Freedom Caucus as well. You have a very cute guest there with entire interview. Putting an adorable child next to you on camera is very dangerous. Everybody is only looking at her. Who is that . I learned, this is my little girl. She is 18 months today. You know, my wife keeps trying to remind me, this is why we go through this fivehour flight to get here from arizona is battle for her future. Melissa oh, wow. What does she think about the Health Care Push . Do you have her there . Lobbying people, bringing sanity and wisdom to the whole conversation . Melissa, youre actually brilliant, we were thinking of using her, dont give me your vote, give it for her . Perfect little girl is useful in helping whip the remaining votes. Melissa yeah, because none of my children, i know theyre watching at home, forgive me kids, but none of them behave that well and sort of that quiet and cooperative. That is very impressive. We, my wife and i spent almost a decade trying to adopt and we won the lottery. We are the luckiest couple you can imagine. We have the Perfect Little girl. Melissa that is so beautiful. Now i have to ask you about heal care afalat. How close are we to a deal especially with the gem you have there . How close are we . It was interesting weekend a couple of us spent a big chunk of weekend talking not with members but with sort of technical policy staff to sort of understand, because if you actually listen to the right and left of our conference, everyone is fixated on what are we doing to lower premiums. In the small group and individual market. I think we may be getting closer. It is just, it is hard to it draft. It is technical but i think were getting closer. Melissa if you have a bottle or pacifier, this is the moment. Im saying, i have a 20monthold myself. Something to eat would be perfect at this moment. Let me tell you, you say you want to bring premiums down. The argument against that was idea it had to be done in steps last time. I think a lot of people outside of the beltway says you guys make the rules. How come youre saying rules are preventing you from doing what you need to do . Is there a chance to bring it all together this time . Yes. Were still the three silos even with what may happen in the senate with regards to gorsuch. Im assuming the senate wont completely blow up their filibuster rule. We will still have to move the base bill in reconcilable fashion, subject to all the crazy rules in the senate. That creates a narrowly crafted specialty bill. Melissa yeah. Were finally getting a list from hhs, dr. Price, of number of things he is going to be able to do to create options in the market and create sort of competition and price efficiency. Then the third is the, is the big silo, and that is, what can we do with policy but has to find 60 votes in the senate. Melissa youre genius. Everyone is nodding your their head agreeing with you because we have no idea you said because your daughter is so cute. She found her fingers is always better than a passy. You brightened our day, i have to say. David dan, you have to manage to be cutes an 18monthold girl. Go ahead. I dont think there is any way i can compete with that. Melissa good luck. Instead i put everyone to sleep by saying the real fight is what can you do to take away obamacare regulations that force up premiums. If have these rules on reconciliation and senate wont agree. Of course republicans are all so worried what if this means someone is uninsured, will that create a bad news cycle for us 18 months down the road, these are all the moving pieces theyre trying to figure out. I just hope they figure them out because, they need to get this done. They need to fix some of the real bad warts in our tax code. David liz,. David 18monthold girls are adorable. That is absolutely true. It is all true that we all die and have to pay taxes. Taxes are the things that concern americans the most i think right now in terms of their own pocketbook issues. Are we going to see the same kind of infighting that we saw among republicans on taxes as we did on health care . Im afraid it could be even worse and heres why. Youre going through the reconciliation process and that means u basically have to be revenue neutral for 10 years and beyond. That is an incredibly heavy lift when youre trying to lower tax rates not only for individuals but for businesses. And therefore, you have to have an adjusting mechanism and what they have come up with is this border adjustment tax which is highly controversial. A lot of people on the right really dont like it because its a very easy thing to sort of slide upwards, sort of under cover of darkness. Vat in europe gets higher and higher. Never any end in sight and theyre worried the border adjustment tax david why free market economists hate valueadded tax because it is so easy for politicians to raise. Yeah. David hasnt there been a learning curve for the president. Wont he jump ahead on roadblocks on taxes and get something done . I suspect at the end of the day, i wrote about it this morning, trump will say a pox on all of you, go back to what i talked about on the campaign. Do a big Corporate Tax rate reduction, because one fell swoop that could dramatically boost u. S. Competitiveness, maersk us magnet for jobs an investment instead of driving them away. I wouldnt be surprised that weil get at end of the year. David liz and dan, remarkably fine job to rise above an 18monthold girl. I dont know if you made it. Well let you know about the ratings later. Thanks. Melissa Ivy League Universities have enormous endowments, why are they getting more u. S. Funds than 16 u. S. States. One congressman is looking, wants to hold the schools accountable for how they spend our tax dollars. He will it will us. David congressional investigations into the elections into the russian interference is heating up. House Intel Committee is holding a key meeting this hour. Melissa as sources pointing to susan rice behind unmasking the Trump Transition Team swept up in foreign surveillance. This is one of the hot topics at todays White House Press briefing. Blake burman is asking the key question of the briefing earlier. More on how the white house is responding. Let me pick up here a couple questions that i will start here. Does the white house believe susan rice may have done anything illegal . Dear predictable, theres no other way to say this. Its over. Ive found a permanent escape from monotony. Together, we are perfectly balanced, our senses awake, our hearts racing as one. I know this is sudden, but they say if you love something. Set it free. See you around, giulia why pause a spontaneous moment . Cialis for daily use treats ed and the urinary symptoms of bph. Tell your doctor about your medicines, and ask if your heart is healthy enough for sex. Do not take cialis if you take nitrates for chest pain, or adempas® for pulmonary hypertension, as this may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. To avoid longterm injury, get medical help right away for an erection lasting more than four hours. If you have a sudden decrease or loss of hearing or vision, or an allergic reaction, stop taking cialis and get medical help right away. Ask your doctor about cialis. Wont replace the full value of your totaled new car. The guy says you picked the wrong insurance plan. No, i picked the wrong insurance company. With Liberty Mutual new car replacement™, you wont have to worry about replacing your car because youll get the full value back including depreciation. And if you have more than one Liberty Mutual policy, you qualify for a multipolicy discount, saving you money on your car and home coverage. Call for a free quote today. Liberty stands with you™. Liberty mutual insurance. Melissa multiple sources telling fox news that former National Security advisor susan rice requested that trump team membs names be unmasked in intelligence reports. Blake burman is live from the white house with this intelligence fallout. Blake . Reporter hi, there, melissa, youre exactly right that would put the Obama Administration squarely at center of this story as susan rice was former National Security advisor for president obama. Unmasking to get into all of this, that is the process of revealing someones identity for intelligence purposes if there is no intelligence value, that persons identity is supposed to be kept essentially concealed, unmasked. If there is some intelligence value, it gets spread within the intelligence community. The question here is this, whether this was done for legitimate intelligence purposes or, if there was some political motive attached to it. House Intelligence Committee chairman devin nunes is the first one who said last month, in which he raised that ultimate question. So at the White House Press briefing earlier today, sean spicer was asked about this, about the multiple sources now telling fox that it was susan rice, former nsa head, who was behind the unmasking or at least requested the unmasking of these names. Spicer did not want to get into it. Did not want to say whether or not it was politically motivated but i asked him the following question. Listen. Does the white house believe susan rice may have done anything illegal . I think, appreciate the effort there. Im not going to start going down that road as weve said before, if we go down road, we need to go down them all. At this point i think we supported this review that weve asked for. Reporter so the white house there, not commenting though they certainly questioned today, when it was asked a few times in the press Briefing Room why this story isnt getting more pickup. By the way, melissa as relates to susan rice herself, no Public Comments in action, but it also remains unclear what she may or may not say due to highly sensitive nature of classified information. Melissa interesting, stuff, blake. Thank you. David very interesting. Worth a panel. Erin elmore, former apprentice contestant and Blake Rutherford, democratic strategist. Erin, there are two questions on the whole russian issue. Did president obamas team spy on trumps team . That is number one. Number two, did the trump team conspire with putin in russia. On which of these questions have we gathered more evidence . Well, the former, not the latter. I always love a twopronged question, but what miss rice did here is so much worse than anything that general flynn did. She is going to be in hot water. This is that she will have to obtain lawyers. She wanted to unmask people working on the Trump Transition Team and see who they were having conversations with outside of the United States. This is not for National Security purposes this is politicallymotivated endeavor. To say this is not barack obamarelated she worked for barack obama. David she didnt respond today but on march 22nd, blake, she was on pbs. She was asked specifically about the unmasking charges of nunes. She was asked by judy woodruff. I began by asking about the allegations leveled today by house Intel Committee devin chairman that trump transition officials including the president , may have been swept up in surveilance of foreigners at the end of the Obama Administration. Here is how she answered, blake. I know nothing about this. I was surprised to see reports from chairman nunes on that count. David now if the story today is true, isnt her denial on march 22 a lie . I dont think were in a position to characterize that. We should wait to hear from her. I want to go back to the twopronged question. David sure, to ahead. We certainly know the president s allegations that president obama spied on him are absolutely false. We have multiple agencies who reached that conclusion. What we dont yet know is the answer to question number two which is far more troubling, whether there was collusion between the Trump Campaign and russians. David everybody has answered that question already said there is no collusion. All the intel officials et cetera. That is not right. We have. David it is right. We havent begun, senate Intelligence Committee is just david we had them on, forgive me we had them on fox news and fox business. Weve asked them pointblank, is there any evidence of collusion between the trump and russia and their answer is always no. There is no evidence. May be in the future but none right now. We wouldnt have need for investigation. We also wouldnt have the need for Trump Administration to call for an investigation if that was right. David there is smoke. There is smoke. There is smoke all over the place. But erin, back to you, the question whether there is fire. So far the only fire that weve seen, i think what, if the story again today is true, that susan rice was responsible for unmasking some of these names, that means that what she said back on march 22nd is not about this unmasking. D no idea so we caught her in a lie. Certainly seems that way. Dont forget susan rice is the person behind that whole benghazi scheme, unruly crowd that was responding to a video. She doesnt really have the best reputation for truth an honesty here. Were not exactly dealing with someone that has been honest. To say barack obama himself did not wiretap President Trump, these are his officials. Part and parcel for the organization. This was not a wiretap. This was not a wiretap. These were david we dont know. Trump officials caught up in incidental conversations with russian officials. They were not the targets of surveillance. They were on the phone with people who were targets. David hold on a second, even if dr. Rice did lie when responding to the pbs interviewer that isnt necessarily illegal. I just put that out there. But the fact is, that it is suspect, is it not, blake . Well, look, lets remember were talking about a former administration firm. Were not talking about the issue. David does that make it any better she is now a former official than because if she was working for the president of the United States when she asked for the urn masking if this story is true . Well, remember, there is a lot that we need to know about why Trump Campaign officials were talking with russian officials during the campaign. Unmasking is something david youre making a leap that hasnt been made yet. Erin, the fact is that this information was between foreigners. It wasnt between a foreigner and a u. S. Official. It was gossip that was captured by intel officials between two foreigners about somebody in the trump mistration. Precisely, precisely. This isnt necessarily anything to do with russia quite frankly. Also you said lying in of itself by dr. Rice is not a crime. If she were under oath lets say, we would call that perjury. Saying, we have to be careful here. Theyre not being careful. Theyre being quite careless, for her to lie very well. This doesnt bode for them personally. David we have to go, but i should mention being interviewed by pbs does not require taking an oath. I think that is important. David thank you very much, gang. Appreciate it. Melissa. Melissa russia on edge . Breaking details following a deadly explosion on a busy commuter subway line. Who is behind the attack, coming up. Along party lines, judge gorsuch is one step closing to taking a seat on the Supreme Court amid a tough battle bense democrats. The last night i cut my hand on a piece of sheet metal and had to get five stitches. That ranks as second most painful thing i experienced this week. D. [laughter]. And markets continue to rise and fall. Predictable is one thing you need in retirement to help protect what youve earned and ensure it lasts. Introducing brighthouse financial. A new company established by metlife to specialize in annuities life insurance. Talk to your advisor about a brighter financial future. As after a dvt blood clot,ital i sure had a lot to think about. What about the people i care about . Including this little girl. And what if this happened again . I was given warfarin in the hospital, but wondered, was this the best treatment for me . So i asked my doctor. And he recommended eliquis. Eliquis treats dvt and pe blood clots and reduces the risk of them happening again. Yes, eliquis treats dvt and pe blood clots. Eliquis also had significantly less major bleeding than the standard treatment. Both made me turn around my thinking. Dont stop eliquis unless your doctor tells you to. Eliquis can cause serious and in rare cases fatal bleeding. Dont take eliquis if you have an artificial heart valve or abnormal bleeding. If you had a spinal injection while on eliquis call your doctor right away if you have tingling, numbness, or muscle weakness. While taking eliquis, you may bruise more easily. And it may take longer than usual for bleeding to stop. Seek immediate medical care for sudden signs of bleeding, like unusual bruising. Eliquis may increase your bleeding risk if you take certain medicines. Tell your doctor about all planned medical or dental procedures. Eliquis treats dvt and pe blood clots. Plus had less major bleeding. Both made eliquis the right treatment for me. Ask your doctor if switching to eliquis is right for you. So i thought it might be time to talk about a financial strategy. You mean pay him back . So lets Start Talking about your longterm goals. Knowing your future is about more th just you. Its how edward jones makes sense of investing. With toothpaste or plain water. An their dentures and even though their dentures look clean, in rea if a denture were to be put under a microscope, we can see all the bacteria that still exists on the denture, and that bacteria multiplies very rapidly. Thats why dentists recommend cleaning with polident everyday. Polidents unique micro clean formula works in just 3 minutes, killing 99. 99 of odor causing bacteria. For a cleaner, fresher, brighter denture every day. Melissa new video coming in. Russian president Vladmir Putin laying flowers at the scene of a blast where at least 10 people died and 43 others were wounded. Bomb exploded at a subway station in st. Petersburg and another bomb was found and disabled by police. Think have arrested two people behind the deadly attack. They suggested separate suspects planted each bomb. Russian president Vladmir Putin saying investigators are looking into all possible causes including of course terrorism. David fate of Supreme Court nominee neil gorsuch hanging in limbo as the committee casts vote on his appointment after democrats delayed the vote a week. Adam shapiro inside of the beltway with the very latest how the battle is unfolding. Hi, adam. Reporter it will be historic. Democrats have enough votes to filibuster neil gorsuch to ent ordown ve his norm nation to name him as Supreme Court justice. The Judiciary Committee voted 119 to advance his nomination to full vote by the senate. Debate begins tomorrow. 41 democrats will vote no on cloture or to end the filibuster. That means they will vote ending debate, which is necessary before upordown vote on gorsuch can be scheduled. Only four democrats will vote yes to indthe filibuster. Those democrats are west virginias joe manchin, north dakotas heidi heitkamp, Indianas Joe Donnelly and colorados Michael Bennet that leaves senator Mitch Mcconnell with what is called a Nuclear Option, a proposal to change Senate Precedent to end the debate and stop the filibuster. Senator ted cruz says it will force republicans to act. This will be the last person that will be subject to a filibuster, which was in effect in 1948. Because the sinatra decisions are going to change over this man. Reporter that of course was lindsey graham, not ted cruz. The Nuclear Option is a procedure that will lower the threshold from 60 votes needed to end the filibuster to a simple majority, 51. This is exactly what democrats did in 2013 when they controlled the senate and changed precedent and to end republican filibusters on executive branch nominees. Lets take a listen to what ted cruz had to say to what is about to happen. If the democrats persist in this foolish filibuster, the Senate Majority will have no choice but return to the standard that has prevailed over two centuries in the senate, which is confirming Supreme Court justices by majority vote. Reporter upordown vote on judge gorsuch could probably come friday night. Back to you. David thank you very much. Adam shapiro. Appreciate it. Melissa. Melissa so the president is looking to get tough on north korea with or without chinas help. Lt. General Thomas Mcinerney is here next to weigh in. David plus Jared Kushners role appears to be expanding. The president s soninlaw is heading to the middle east. Where is he going, what is he looking to accomplish . Answers coming up. I think there is a lot of areas that he has been working very diligently on behalf of the government, on behalf of the president s agenda. Going over around getting a firsthand understanding of the work that is being done we agree on some things. Which are very much behind president elsisi, he has done a fantastic job in very difficult situation. Were very much behind egypt and people of egypt. Melissa President Trump welcoming egyptian president Abdel Fattah Elsisi at the white house. Looking for a reset between the two nations after strained relations under president obama. Focus on fighting isis and pushing back against the muslim brotherhood. The president will meet with two other heads of state this week as well, including chin niece Prime Minister xi xinping and King Abdullah you of jordan. David sticking with the middle east, were getting new video. President trumps soninlaw, Senior Advisor on foreign affairs, making a surprise trip to iraq on invitation of the chairman of the u. S. Joint chiefs of staff, general joe dunford. General dunn guard saying in a statement, mr. Kushner is traveling on behalf of the president , to express the president s support and commitment to the government of iraq and u. S. Personnel who are currently engaged in the campaign. Melissa. Melissa fox military analyst and retired u. S. Air force lt. General Thomas Mcinerney joins us. There is a lot of criticism today, what does he know about this . Why send him . Who is he to go on this trip . Does he have any Foreign Policy experience . What do you think about it . I think it is all balderdash, melissa. Look. Its a great move. Personal invitation of the chairman of the joint chiefs of staff who has gotten to know him from the National Security council, bringing him over, showing him what is going on in the theater. The president has got mr. Kushner working on israeli issue. When you start seeing iraq and Different Countries around israel you start to understand and understand the challenges israel has in the reason. It is marvelous. Gets to know the joint chiefs of staff very well. That bodes well for the pentagon and president. What. Melissa what what you do you tk of reaction of the troops there . They said they were doing it to show support. The president is thinking about them and detractors say he should go himself or send military personnel from his administration as opposed to his soninlaw. What do you think about that . I think again balder dash. What are they talking about . The fact is, he is the president s soninlaw. Those troops understand that. They are delighted because they like President Trump. He cares about them. His predecessor didnt. And they knew that, despite what the trappings that they tried to make. It is no question that those troops over there know President Trump cares about them. They have got superb secretary of defense doing that job. And so they are very satisfied that he is over there. Melissa let me move you on to the issue of china because of course that is the big meeting that is coming up this thursday. When the chinese president will come down and be at maralago on thursday. Donald trump said if china will not solve north korea, we will. If they do, if they help us, that would be very good for china. If they dont, it wont be good for anyone. What do you make of this meeting and that statement . Well, i think it is showing skepticism by President Trump. I do not believe china will not help us with north korea with so many years out in the pacific with china and north korea. You see what china has been done on the south china sea. You see he what they are doing. They want to keep north korea on edge and well going to form a pacific area treaty organization, pad pato, on te model of nato. Well have south korea, japan, philippines, thailand, new zealand, australia and other nations out there that will join news this pact, weve got to counter this rising hedgemon, china, in the region. Melissa yeah. Theyre not going to help us. Melissa general, thank you. Appreciate your time. Thanks, melissa. David dont touch your 401 k . I know it is very tempting but that is what some companies are telling their employees. Find out why coming next. Also, billions of your tax dollars are helping to fund private universities and Ivy League Schools that already have billions in endowments. Congressman tom reed, we will hold universities accountable, suggesting they could well afford tta some the load off of taxpayers. He joins us next. David pulling back the ivy a little. The nations most prestigious schools are sitting on hundreds of billions of dollars in endowments but theyre still receiving grants and aid from u. S. Taxpayers. Hitting the taxpayer upwards of 41 billion from 2010 to 2015. This is equivalent of 120,000 per student over the same time period. We joining us now, is representative tom reed, republican from arizona. He has been looking into some of this. Now, congressman, the top 10 universities, we put our own list together, the top richest universities in the u. S. Have a total endowment of 169 billion. Why do they need tens if not hundreds of billions from u. S. Taxpayers . That is the question im asking, and in our legislation weve been working on last yearandahalf, two years, all were this money go to working families in tuition deduction on Investment Income that comes off billions of dollars in taxfree manner. If the taxpayer is paying for it, we have can do better in ivy league and elsewhere sitting on a huge taxpayer money. David that is huge point. All money they make in investments is taxfree. Theyre education al institutions. I dont want anybody to pay more in taxes but the income alone is enough to pay tuition for all of the students. Why do any students need aide from u. S. Taxpayers when they have enough in their endowment to pay for all their students . Youre definitely agreeing with me. That is what we put forward to them. They will argue, well this, is money coming in from the taxpayer dollars so that we can grow our institutions and get bigger and stronger but at the end of the day they have to be on their own two feet f they become selfsustainable, those resources can be allocated to tech schools and Community Colleges for other opportunities for Hardworking Taxpayers across theountry to provide opportunity and success education provides. David which have seen just in the short time that President Trump has been in power, that the swamp is pushing back. That is for all the efforts to drain the swamp, those people who have been feeding at the trough for so many years, to mix my metaphors here, theyre not going to give up easily. Do you really think there is a chance that the Ivy League Institutions who have their fingers in so deep into the bureaucracy, that theyre going to have those fingers pulled back . Well, im definitely going to do everything in our power. Sitting on committee that writes tax policy, ways and means here in d. C. , this is a top priority for me. Talking to the president , being part of the campaign and Transition Team he gave a great speech in pennsylvania on this exact issue. Time for hardworking taxpayer families to be the people we stand with, not these large multibilliondollar endowments accumulating taxfree dollars. Those are taxpayer dollars being spent. David you probably already heard from those you want to take away from . Those who endowment funds, run endowment funds, people run universities, what do they say, how will they fight back. Were doing gods work, educating folks. David they have as much as money as god they better be doing as gods work. I agree with the purpose. When we have a College Cost Crisis across the country, that is part of our reform, put the spotlights on where they spend the money. Make sure theyre committed to reducing the College Costs because that is how well deal with this for generations to come. David they dont need more tax money. That is clear. All they need is their endowment. Im glad they have the money but dont need more money. Thank you very much, congressman. Thanks for having me on. Melissa making ro f the younger generation. Mpies are encouraging employees to wait longer to tap their 401 s in an attempt to insure they can retire to free up space for younger, cheaper labor. Fox businesss gerri willis has more on this from the newsroom. Gerri, break it down for us. You have everyone in our studio worried right now. Tell us what youre talking about. Well you should be. Melissa, taking a loan from your 401 k youre not alone. The bull market boosting retirement account balances to 7 trillion from 4. 2 trillion in 2009, more folks are taking money and running. Employee benefit research institute, 20 , of eligible participants have loans outstanding. The average loan outstanding is 7780. Ric edelman, author of truth about your future says borrowing from your retirement is a bad idea. Its a terrible idea to borrow money out of your 401 k , even, only five grand . Because that five grand balloons into 50 grand, 100 grand in lost retirement value. Youre not borrowing the money from yourself. Youre literally withdrawing it from the plan. Which means youre not repaying yourself. Youre repaying the plan with money otherwise would have gone into your account. By the way when the money goes back into the account, it is at new higher market value. A study for the center of Retirement Research of Boston College shows that these loans threaten to shrink retirement accounts overall by 25 . For that reason, Companies Want employees to keep their hands off their money. Home depot going as far as mandating employees wait 90 days between loans against their 401 k . This isnt entirely about Companies Wanting the best for employees. It is also about their bottom ne. The sooner someone retires, the sooner the company can higher cheaper labor. On average, someone approaching retirement makes 80 more than someone just starting their career. Think about it, bottom line, do what is best for you but youve been warned. If you do tap that 401 k early, it will hard to make the money back. Melissa. Melissa all right, gerri, thank you. Youre we come. David i tapped it once. I was in my 20s. I was too early to have a 401 k . I started it. I needed cash immediately. I had to pay a fine. I had to pay higher taxes but i needed cash though. I had to do it. Havent done it since then. Building up since then. Coming up, comedian tina fey asking College Educated white women who voted for donald trump to reflect on their decision to support him. More exactly on what she said and feedback you can imagine she is getting next. Predictable. The comfort in knowing where things are headed. Because as we live longer. And markets continue to rise and fall. Predictable is one thing you need in retirement to help protect what youve earned and ensure it lasts. Introducing brighthouse financial. A new company established by metlife to specialize in annuities life insurance. Talk to your advisor about a brighter financial future. Your insurance on time. Tap one little bumper, and up go your rates. What good is having insurance if you t punished for using it . News flash nobodys perfect. For drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. And if you do have an accident, our claims centers are available to assist you 24 7. Call for a free quote today. Liberty stands with you™ Liberty Mutual insurance melissa no laughing matter. Comedienne tina fey slamming College Educated white women who voted for President Trump. A lot of the election was turned by whites, College Educated women who now would maybe like to forget about election and you go back to watching hgtv i urge them, you cant look away. Because it doesnt affect you this minute but it will affect you eventually. Melissa erin elmore and Blake Rutherford are black with us. Erin, let me start with you that typical thing, kind of won trump the election, when elites sit there and they talk down to people that supported trump, you know she is saying number one, collegeeducated women who voted for him would know very much regret it. One assumption. Her second assumption is, that theyre kind of vacuous and only have passing interest in politics. Now they want to switch back to hgtv. When youre dismissing people as idiots, you know, i, how do you expect to win them over . I mean she is talking to me explicitly. I have no regrets about my decision. She told us to be reflective. Being reflective is how i became a republican, how i came to vote for donald trump. Quite honestly im not really sure what she knows about the average collegeeducated american white woman is what she is talking about, living in her 9. 5 million penthouse. Tina fey, i would say to you, sarah palin impression on saturday night live was good but your impression of average American Woman is falling flat on its face. This is offensive and rude. Were not tuned out watching hgtv, were getting involved. We have to go to work every day, because that what Republican Values are. Melissa blake, what is interesting about this, when you drill down on this, she was at an aclu fundraiser, i believe it was. She is at an audience very receptive what she was saying and clip gets out plays everywhere. I dont know, like does it, does it alienate people who might have liked her or might have have supported democrats . Well, i dont know that that it does because i think were in such a polarized state of things, melissa, that she was talking to an audience i think she knew probably would agree with her, although what i would say to tina fey, certainly think about, there are better arguments to make than the one, than the one she made at that event. I think she is smarter than that i think she has got a platform. Certainly she drawn enough attention to get covered on your show. I think what democrats have stggled to a degree in the age of donald trump is really trying to figure out what is that coherent alternative message. Melissa right. We are seeing, for example, that a significant number of people resisting the trump agenda are women, and we saw that in the aftermath of his inauguration. So i think people who have a platform like tina fey, have to think about, okay, how do i harness what i want to communicate consistently and clearly, and then communicate it . I dont thinker rin is wrong. I wouldnt characterize it as severely as she did. I think people tend to do that. Melissa if you look on to what l. A. Times, for example, did, so theyre doing our dishonorable president , i think a fivepart series how President Trump is the devil. I think basically the idea. And but all right. Melissa so petulent, full of blind selfregard, so untethered to reality that it impossible to know where his presidency will lead or how much damage he will do. Erin, this is the when you go so hard, tina fey, when you say everything he is done that is evil, only hardcore people anti, are still listening. Anyone in the middle, i dont know. I mean it is, youre just protesting against something, rather than offering an alternative, offering something up. Youre just like he is the worst. Dont you agree . I dont know. Right. I mean, melissa, these people their bench is lean. Democrats have no one to run against donald trump in four years. Stop complaining about everything he does, make their party better. Work towards a common goal. Right now all theyre doing is lashing out. Melissa i lost both of guys. Sorry about that we got to go. Thanks to both of you. David that l. A. Times piece was unbelievable, unbelievable. All right, out of this world ambitions, another player in the billionaire space race. Who is best prepared for liftoff . That is next. I use whats already inside me to reach my goals. So i liked when my doctor told me by activating whats within me with onceweekly trulicity. Trulicity is not insulin. It helps activate my body to do what its supposed to do release its own insulin. Trulicity responds when my blood sugar rises. I take it once a week, and it works 24 7. It comes in an easytouse pen. And i may even lose a little weight. Trulicity is a onceweekly injectable prescription medicine to improve blood sugar in adults with type 2 diabetes when used with diet and exercise. Trulicity is not insulin. It should not be the first medicine to treat diabetes, or for people with type 1 diabetes or diabetic ketoacidosis. Do not take trulicity if you or a Family Member has had medullary thyroid cancer, if youve had multiple endocrine oplaa syndrome type 2, or if you are allergic to trulicity. Stop trulicity and call your doctor right away if you have symptoms such as itching, rash, or trouble breathing; a lump or swelling in your neck; Richard Branson is hoping to launch performers into heaven by next year. Customers have spent 250,000 to reverse their spot. Risk and reward starts now. Liz breaking news on trump surveillance. Reports reveal a top obama adviser thought to expose the name of trump, his associates, and their conversations to the intelligence community. Were going to break that story down for you. Welcome to risk and reward. A senior obama official wellknown in the intelligence world requested the exposure of information about trump, his names of his associates, and their conversations. Sources tell fox it is done in order to embarrass the new president for political purposes. Again, the names and conversations have nothing to do with National Security, including russias meddling