Donald trump promising tax and regulation cuts for all. He is going to break down the plan here exclusively and Hillary Clinton supporter for the center for American Progress in the great well respond. This is hillary makes her first appearance walking down since she nearly fainted from pneumonia on sunday. She is expected to speak live in North Carolina this hour. We have our cameras trained on that and on wall street where apple and oil are driving the profit there is no fed rate hike for you. We are less than hour to a closing bell. Lets start the countdown. Breaking news it is the most scrutinized paradox on wall street. Thats exactly what youre your scene at this hour. All three Major Industries are moving higher as investors look at weaker than expected data. So the s p is jumping 24 points and the dow is up about 211. Both decided lets snap the today losing streak. Just five days to go until the big Federal Reserve meeting. Apple is still very much in the driver seat. Its pushing it towards triple digit gains its up through the three and a quarter percent. The tech giant hitting a ninemonth high. And looking to post its best Weekly Performance in five years. The low of this year 89. Look at it now. The new phone iphone seven sold out in every one of those colors. Over the past three sessions alone theyve added some 50 billion in market cap. This is surging about 6 . And how about serous logic. Its one of the key bone part supplier. Started spiking back in july. There would be no headphone jack. We are jumping about 213 points team foxbusiness is in place. There looking at how high the investigation might really go. He has senator liz worn and the new demand shes began for wall street accountability. Were in new york on what donald trump has to say in the big Economic Policy address. It suddenly just spiked in the last hour. Not one but two government officials are now calling for an investigation into the very top tier management at wells fargo and one activist investor is in need of more funds. It is currently held by one man. Adam shapiro is in the newsroom. He is hes really the big watchdog care. What specifically jumped out at you about the investigation that he is looking into. He would not deny it he would it put his finger on it. Hes i can speculate what you will hear his exact words in the second the have of the Consumer Financial product bureau actually said that the investigation could rise all the way to the top. And restitution. The wall street journal reports they are subpoenaing documents. They said it could go up the managers chain. It is still being determined. I think it has been acknowledged by the bank that the firings of employees included hundreds of people who were not simply frontline employees but people who are managing this people and people who are managing the managers. That goes up the chain a good ways. We reached out to wells fargo to see if they would comment on this. And they said no comment. Adam think you very much. Elizabeth warren is the one who pushed hard for that Consumer Protection agency. And now one of the biggest watchdogs she is taking aim straight at wells fargo and the rest of the nations biggest banks today is the eighth anniversary of the Lehman Brothers bankruptcy and shes calling for the department of justice to answer why it didnt prosecute any of the very top wall street bankers following the financial crisis. A new study coauthored by the former treasury secretary. Large banks even with all of the regulation are no safer today than they were before the financial crisis. You just saw peter barnes talking to senator warren. I found it a fascinating interview. When you drill down with her on the latest drama with wells fargo. And john stump is going to be up here on capitol hill she is a member of that committee. And she told me she is a very tough questions for stump listen. I want to ask him about what you think we have done wrong at wells fargo. Is this a case of a bank that is so giant that you really cant manage it when 5,200 of your employees are cheating your customers when they are opening more than 2 million checking accounts and credit cards against and without permission of the employees and generating millions of dollars in fees you cant even manage this place if thats the case this is a bank that is too big to manage. It should be broken up in which case there is personal responsibility here. I asked her to follow up should he quit or his board of fire him over this. Lets see how all of this plays out. We need more information. She is demanding that managers and someone in management be personally responsible for this and the big fine for her is not enough. And wells fargo stock is implementing another half a . It has not done while under the scrutiny. That story is resonated very much like the epipen out rage. Rage. We will take that up exclusively with Scott Stringer. He manages the biggest pensions funds here in new york for a lot of the unions. They own a big chunk of mylan in a huge chunk of wells fargo. He will speak for the very first time on what he wants to see happen with wells fargo and then of course on mylan. Regulation could have solved all of this. Donald trump said get rid of regulation on the banks Small Businesses it was part of what he revealed today as far as his new economic plan is concerned he made major moves in recent polling even before the speech. The New York Times showing trump gaining on Hillary Clinton. Closing the gap between the two of them from an eightpoint difference to two points among likely voters. They jumped to a virtual high. When including thirdparty candidates each taking 42 percent of the vote. You are there in new york city where this speech got a lot of attention today. It certainly did. And in many of the things that donald trump talked about today he added a few more details the big picture he talked about regulation certainly thats a big part of it. The other part of is taxes and overall theme. The argument hes been making is if you cut taxes you will get higher growth. Three to half gdp growth. It has a number that the campaign is going with. Trump said it could even be higher. This is the most progrowth, pro jobs plan put forth perhaps in the history of our country. There you go. He wants to cut business taxes under a trump plan would go down to 15 which by the way got quite a few tears in the bald room ballroom. Lets take a look at us. This. We seen some of this before. 12 and 25 percent. But we add in income levels. If you make under 75,000 per year trump has you in that first bracket. If you make more than 225,000 then you are in the top bracket which is 33 percent. Lower income rates. For just about everybody. He talked about other things that he has in the past. His child care plan was unveiled. Energy policy and trade policy. In a speech like this you know his economics the chance to take a shot at his opponent Hillary Clinton. Not one single idea shes got will create what net american job or create one new dollar of american wealth for our workers the only thing she can offer is a welfare check. The only thing that is a concern for many economists is how he plans to pay for it i can tell you his advisers are aware of that after his initial proposals did not get such positive reviews. They have gone back and worked on and im told they got in the cost down. At least they say have they have. From 10 trillion over a decade to more like 3 trillion. Thats what they say. Back to you. Both of them have come up with ways to pay for this. There is already some serious scrutiny about one specific part of Donald Trumps plan thats tariffs on american goods. Were can show you a portion the big fundraiser for donald trump and with that we have Martin Feldstein who is a former economic adviser. He was in the house during that speech. And then fair and balanced. And what does he say about that accusation. About how her plan does not create a single job. We have already seen tape of her. But live since she called out sick. For to take you live to North Carolina. We will keep dipping in on that. That is where the crowd is amassing. Make sure to stay with us. We will check the minute she comes out. We have this this breaking news. The Safety Agency has Just Announced it plans a former recall of samsung phones. It has been investigating that with on your screen. It catches fire and melting and hurting people we do expect the announcement to come and in about 4 15 p. M. This can happen in eastern time. We will bring you the latest developments as they come in. Upon hundred 95 points for the dow. Its fairly typical the day before that. To have a big run up like today especially coming off of two pretty significant days. But having said that we have a retail sales that were a big mess. That locks in the expectation. You wont see it next week. But getting back to the retail sales we wanted to tell you about some of the Retail Stocks today. That gets back to the fed outlook. Look at the gays and some of in some of these numbers. Given alltime high for dicks sporting goods. There are some of the other winners. Again on one of the weakest retail sales meetings we seen all year. Lets send it back to you on that. Under armour is up three quarters of a . Thank you very much. Retail sales severely different point disappoint. It rings in 45 minutes. Donald trump promising to reignite the economy and ring the u. S. Back to three cap growth. If he is elected president in november. We are getting a one on one with the man who was a former chief economic adviser to president reagan. He was there at the new york economic club. Live and in exclusive here. Plus reaction from the camp as well. The countdown is coming right back. You gotta stay with me. When it comes to healthcare, seconds can mean the difference between life and death. For partners in health, time is life. We have 18,000 people around the world. The microsoft cloud helps our entire staff stay connected and Work Together in real time to help those that need it. The ability to collaborate changes how we work. What we do together changes how we live. To folks out there whose diabetic nerve pain. Shoots and burns its way into your day, i hear you. To everyone with this pain that makes ordinary tasks extraordinarily painful, i hear you. Make sure your doctor hears you too i hear you because i was there when my dad suffered with diabetic nerve pain. If you have diabetes and burning, shooting pain in your feet or hands, dont suffer in silence step on up and ask your doctor about diabetic nerve pain. Tell em cedric sent you. Yeah. Well, we gotta hand it thto fedex. Glasses. Theyve helped make our ecommerce so easy, and now were getting all kinds of new customers. I know. Can you believe were getting orders from canada, ireland. This ones going to new zealand. New zealand . Psst. Ah, false alarm. Hey you guys are gonna scare away the deer idiots. Providing Global Access for small business. Fedex. When you should be enjoying still payour retirement . Me if youve paid off at least 50 of your mortgage and youre 62 or older, a reverse mortgage might be the answer. A governmentbacked reverse mortgage stops your mortgage payments and gives you steady taxfree income. Let the home youve taken care of, take care of you. Turn your equity into a comfortable retirement, all while continuing to live in, and own, your home. Find out how much you could receive for retirement. Lendingtree when banks compete, you win. Liz donald trump taking the spotlight today. Promising three to half growth in the whole bunch of policies that he said would create 25 million jobs over ten years. The plans do cost money where would the money come from. He is lowering them. Making three tax brackets versus seven. While they work to create growth . They will certainly help. There is no question that they discourage work and cause people to take advantage of attacks provisions to lower that rather than learning more. There is a big problem in the tax cut plan. Hes gonna cut the corporate rate to 15 but a lot about that is done outside the corporate sector. With without reasonable income you would be paid 33 so thats good to be can be a problem. It will be a problem politically and economically. There are a lot of people saying actually this may become a problem. It would be 500 billion spent on infrastructure. It would then cost about 450 billion dollars over ten years. That is a trillion dollars. It is a lot of spending. Not enough. There wasnt a regular q a with him but they interviewed him and john asked me if i have a question and i said please ask him about what is happening. He didnt have much of an answer. The third big tax cut. It was at 6 . You really believe in what some people call trickledown economics. I think if you have a good tax policy it does raise all votes. It does help the economy as a whole. But the deficit being created by the big tax cuts. We would cut back on non defense spending. You can imagine how much that adds up. It is about 3 on gdp. You get that. Martin, thank you. We had 38 minutes before the closing. You are looking at life pictures. Hillary clinton is expected to take the stage. This will be the first time we have seen her in the first live appearance on the campaign trail. Were coming right back. We will take you there. With this level of engineering. Its a performance machine. With this degree of intelligence. Its a supercomputer. With this grade of protection. Its a fortress. And with this standard of luxury. Its an oasis. Introducing the completely redesigned eclass. Its everything you need it to be. And more. Lease the e300 for 549 a month at your local mercedesbenz dealer. Mercedesbenz. The best or nothing. We ship everything you atcan imagine. N, and everything we ship has something in common. Or shipped around the globe,. Its handled by od employees who know that delivering freight. Means delivering promises. Od. Helping the world keep promises. Liz lets dip back in. These are live pictures of greensboro, North Carolina. That is the stage where Hillary Clinton is expected to take the podium at the moment, speak with this crowd. This will, as we keep saying her first appearance on the campaign trail since she fell ill on sunday. Earlier today donald trump unveiled his economic agenda as we mentioned the at new york economic club. Bring in fair and balanced someone who back Hillary Clinton proposes. Center for American ProgressEconomic Policy managing director, andy green. Donald trump said this today. Not one, single idea from Hillary Clinton will create one new job. Counter that from your side. Well, Something Like that would be just a malarkey. You know, secretary clinton has a plan to invest in infrastructure, rebuild this country. So, we well know that infrastructure has a net job creating impact, multiplier. So i dont know if donald trump is saying that the good, hardworking men and women who are laying down concrete and rebuilding our roads and bridges are taking a welfare check. That seems what he was saying. Liz can i just ask though, when youre talking about what Hillary Clinton plans to do, infrastructure, her plan is apparently still as with we heard 250 billion. His is 500 billion. Well, i mean, he proposes stuff without having anything to back it. So i dont think the 500 billion is really very meaningful. She has 250 billion plan. Center for American Progress has a 500 billion plan. I take any plan with real specifics how to build it out and make sure it is going to work. And the key here is, you know, if you want to know where somebodys values are, you look at their budget. And how it is paid for really matters. Today when mr. Trump laid out his economic plan he seemed to dial back the 10 trillion of his previous tax plan gaveaway. You know how he did that, removing middle class tax cut he was proposing. Liz Hillary Clinton hasnt announced a middle class tax cut people are waiting for. I dont that is true. She proposed tax simplification plan. Liz that is not a tax cut. Let me ask you about the trade deals. He said trade deals must be a twoway highway. He is done with it. Pp, which is the Transpacific Partnership unless something is done to fix it. He sounds isolationist. So does Hillary Clinton. Even donald trump ace finance guy, there was pretty interesting interview neil cavuto did with him. Listen to this. Would you be happy with a 35 tax on those American Companies that leave to make their product cheaper abroad . Again, were not going to have a 35 tax. What were going to have is a 15 he just said 35 . He just said 35 if ford goes through with this one. No. What he said was to the extent that Foreign Countries dont honor our agreements, and we dont have fair agreements he was talking about ford, what he would do to ford. He was talking about ford. What he would do to ford if he did that. Liz so there is a little bit of confusion. I would like to clear up what Hillary Clinton would do. Is she going to pass tpp . She has been against it. Before that she was for it. But what does she do about incoming u. S. Goods that are made overseas . Well, she has a pretty detailed plan for how to rebill american manufacturing. And one part of that plan, she said she is not going to support tpp but you look at the rest of the plan, she has a very comprehensive plan how to enhance trade enforcement. How to reinvest here in manufacturing. So we have manufacturing clusters that grow and are strong and create a virtuous cycle. And shes got a plan to have apprenticeships and workforce training. She is going to be tough. I will take somebody who has been secretary of state and has a long track record in government of the standing up to foreign governments over somebody who has not revealed their taxes, who has foreign business dealings dealings withn governments an whose policies are made up every five minutes. Donald trump is not qualified to be president. Liz there are a lot of questions on both candidates, andy, it shows in the polls, both have high likability problems, unlikability problems, rather. We appreciate it. Fair and balanced. Andy green with an e. Martin feldstein, andy center of American Progress director. We have brand new fox news polls on the 2016 race tonight. Charles payne unveils them live 6 00 p. M. Eastern on making money. Bartiromo tomorrow interviews donald trump 7 30 a. M. Eastern. With the closing bell 28 minutes away. Whatever trump, whatever the fed or anybody is saying or doing, the dow loves it, up 184 points, all green on the screen, even boeing, which is the socalled laggard is up 9 cents. Walt disney, cocacola, jpmorgan, do you own these names . Theyre all up. Apple is at the top. We told you why apple is there on the dow heat map. Intel boosted its dividend by 26 cents a share. Up next, struggling, wells fargo stock and the company. The scandal rising to epipen status as outrage from investors is forcing billions to be lopped off the stock. We first invited our next guest to talk about the epipen pricegouging but the 160 billion pension fund holds millions of shares of wells fargo. New York City ComptrollerScott Stringer walking in exclusively to fox business studios, both companies, what he want to see happen. More countdown on the way. Remember here at ally, nothing stops us from doing right by our customers. Whos with me . Im in. Im in. Im in. Im in. One, two, wait, wait. Wait wheres tina . Doing the hand thing . Yep we are all in for our customers. Ally. Do it right. Siriusxms free listening event wethats might be over,ckin. Rs. But now you can turn us back on with packages starting at 5. 99 a month, plus fees. Just call 8558747746 to keep hearing all the things that make you love taking the long way home. So call 8558747746 or visit siriusxm. Com getsxm to turn us back on. And up. Reporter lori rothman on the floor of new york stock exchange. The main competitor apple music expanding at much slower rate. Over last seven months the service grew from 13 million paid subscribeses to 17 million. Pandora plus is launched. New Subscription Service allows them to listen to music offline. It is priced 4. 99 a month. Twitter gets set to prepare the first nfl broadcast tonight a match between the new york jets and buffalo bills. The live cbs broadcast is available for free on twitters platform. Coming up the wells fargo scandal reaching epipen proportions. Liz talks with Scott Stringer next on countdown. Liz Hillary Clinton is just now speaking at university of North Carolina at greensboro. Her first appearance on the campaign trail since she nearly collapsed on sunday. Lets listen in. The story she told is really one that motivates me every day because it is kids, like sara, that led me to politics in the first place. To try to make our country and our world better for them. So to see sara grown up and thriving is very special. And your hold Family Support really means the world to me. Thank you, martha, sara. [applause] i have to say it is great to be back on the campaign trail. [cheering] as you way know i recently had a cough that turned out to be pneumonia. I tried to power pow through it but even i had to admit maybe a few days of rest would do me good. [cheering] and im not great at taking it easy even under ordinary cirucumstances but, with just two months to go until election day . [cheering] sitting at home was pretty much the last place i wanted to be. But it turns out having a few days to myself was actually a gift. I talked with some old friends. I spent time with our very sweet dog. I did some thinking. You know the campaign trail doesnt really encourage reflection, and it is important to sit with your thoughts every now and then. And that did help me reconnect with what this whole campaign is about. People like me, were lucky. When im under the weather [cheering] Hillary Hillary [cheering] now, i just want to have a conversation and other people can wave their arms and they are signs but, i want you, i want you to think with me for a minute about how i certainly feel lucky when im under the weather, i can afford to take a few days off. Millions of americans cant. They either go to work sick or they lose a paycheck, dont they . Lots of Americans Still dont even have insurance or, they do but its too expensive for them to actually use so they chug orange juice or hope that the cough or virus goes away on its own. Lots of working parent cant afford child care which in many states cost as much as college tuition. For millions of moms and dads they get sick, there is no backup. Theyre on their own, arent they. That is the story for too many people still in america. When an illness strikes or an accident happens, you feel youre on your own. You lose your job, or cant afford college, youre on your own. If your aging parent starts needing more help and you dont know what to do, youre on your own. Life events for these are catastrophic for some families but mere bumps in the road for others. I have met so many People Living on a razors edge, one illness away from losing their job. One paycheck away from losing their home. And that goes against everything we stand for as americans. Some things should not come down to luck. Some things should be within reach for everyone, no matter what. [cheering] like financial security. Like Affordable Health care. Like the peace of mind that comes with knowing that if something goes wrong, your family will be okay. And above all, the knowledge that no matter what your president is fighting for you and will always have your back. [cheering] thats why i got into this race. Im running for everyone working hard to support their families. Everyone who has been knocked down but gets back up. [cheering] factory workers on feet all day and nurses looking after patients all night. Im running for young people like so many of you here who dream for changing our world all the better and for our parents and grandparent supporting those dreams by dedicating every dollar they can spare to your education. [cheering] im running, im running for the lgbt teenager here in North Carolina who sees your governor liz Hillary Clinton appearing live for the very First Time Since she of course collapsed last sunday, looking Pretty Healthy here. She using her health care scare and experience to pivot to Health Care Affordability in america for her family first plan. At the sim time though, were looking at a market charging ahead by 202 points. No losses here. Lots of gains. When we come back were going to get more on the big market moves, plus Scott Stringer, new York City Comptroller, on his big investments. Not sure he is thrilled about it. Wells fargo and mylans epipen. Stay tuned. Perfect driving record. Until one of you clips a food truck. Then your rates go through the roof. 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 twentyfour seven. Call for a free quote today. Liberty stands with you™. Liberty mutual insurance. Liz dow Still Holding on to gains of is 90 points. Dueling corporate scandals are slamming two major u. S. Companies at this hour, absolutely infuriating shareholders. Wells fargo now being investigated by multiple government watchdog groups after being slapped with 185 million fine for opening as many as two million ghost deposit and credit card accounts and charging customers without their knowledge. As mylan ceo Heather Bresch is set to be grilled by congress over the epipen price surge next week. Kind of a nightmare if you own these two stocks. My next guest runs funds that own both of the stocks. He is outraged. Scott stringer manages, new york citys 160 billion public pension system. One million shares of mylan and 10 million shares of wells fargo are in these funds. Let me get first to the comment on wells fargo. We had invited you on to talk about mylan before the wells fargo situation broke. So this is your first comment, publicly about how you feel regarding this . Well, as the fish rip of the forth Largest Public Pension Fund in the united states, 14th largest in the world, this pension fund protects Retirement Security of 715,000 people. And it is truly outrain just that wells fargo complicit in opening up phony bank accounts, putting our pension fund at risk is outrageous, unacceptable. I believe that regulators should be up and down this company. The question is, who is responsible . We have to make sure the highest level of the wells fargo board is held accountable, not middle management or the underlings. Liz youre saying the ceo and chairman, john stumpf. Want our viewers to know, you own nearly valve your shares of wells fargo . 500 billion. Liz half a billion dollars. If you look at announcement of the settlement september 8th, the stock has fallen since then. This has got to be churning your stomach over this. Have you spoken to john stumpf. Have you spoken to wells fargo . What are they saying with you guys . This is not first time i had to deal with wells fargo. The Comptrollers Office worked with wells fargo to put in place a clawback position and there by we can go to management and ceo, when the stock drops, youre not doing your job, we can get the bonus money, we can claw back that money. Something were certainly going to explore, but we need independent boards that truly watch out for the share owners. Not simply people on the board looking at bottom line which is their own pay. Liz so the clawback provision then, the person in charge of the Community Bankers group where 5hundred employees were 5300. She left the company in july with 127 million payout. Do you think her exit package should be clawed back . She was in charge of these people . I certainly await the investigation from multiple agencies. My sense, if this plays you out the way we think it will play out, i think all options should be on the table, people must be held accountable. This is unacceptable conduct by a major bank. When you see the Wells Fargo Bank on the street corner, people trust that it is a bank of great reputation. You see this, look at investments we have, public pension money. Obviously its a great concern and something that should concern everyone from wall street to main street. Liz by the way, you also own 45 million of mylan stock why we brought you on. Due to breaking news we would love to have you talk about. You have written this letter demanding accountability from mylan. Keep us post what is going on. That is about protecting children and the abuse is unbelievable. Liz you lost money on that investment too. Scott stringer, new York City Comptroller. Well be right back. The dow paring gains. Still up 174 right now. s dont go away. E. The rest of the time, theyre asleep. Then one day, hr schedules a meeting with you out of the blue. And its the worst 19 minutes of your career. But you dont sweat it because you and your advisor have prepared for this. And when the best offer means youre moving to the middle of nowhere, the boys say they hate the idea. But you pretend its not so bad. And years later at thanksgiving, when one of them says what hes thankful for most, is this house, you realize you didnt plan for any of this you wouldnt have done it any other way. With the right financial partner, progress is possible. Im going to the bank, to discuss a mortgage. Ugh, see, you need a loan, you put on a suit, you go crawling to the bank. This is how i dress to get a mortgage. I just go to lendingtree. I calculate how much home i can afford. I get multiple offers to compare side by side. And the best part is. The banks come crawling to me. Everything you need to get a better mortgage. Clothing optional. Lendingtree. When banks compete, you win. Okay . Awkward. Liz ceos of bayer around monsanto telling fox business that they firmly believe their 66 deal will go through without a regulatory hitch but a lot of analysts say there will be 20 to 30 regulatory groups may put up hurdles especially current political climate. What will that do . Dueling stories here, charlie gasparino. But the monsanto story is still front and center. Take a look at the stock price on this thing. Pretty remarkable t was 104, 105 a share. Liz there it is. 104. Number one the vast majority of opinion on wall street right now this deal will not get through. You have a lot of options buying, put options to sell. That means negative sentiment people going short on deal ever happening. That is driving the price down right now. We should point out when we spoke with regulators an analysts we look at number of political entities that weigh in on this from three or four Different Countries u. S. , eu, brazil and three Different Countries. Politics, we wrote a story on foxbusiness. Com. Politics are fascinating. Leftwingers worried about monopolies and pricegouging conglomerate, agribusiness conglomerate, Bayer Monsanto weighing in, that is the left side. On right side, mike lee, senator from utah is against the deal. Raising concerns about it. Health food advocates hate the fact that monsanto produces a lot of gmos, genetically modified foods. This face as lot of regulatory and political scrutiny. We have a major story on foxbusiness. Com right now. Nobody is betting this this will get through f you bet it will get through, guess what, you can make a lot of money buying 104. You wait until it gets approved. That is oneyear bet, liz. Liz dow or s p index youre making a lot of money. Without worry abouting it, right . Liz without worrying about it indeed. You dont have to worry about anything if you own just the dow 30 today. [closing bell rings] we turn it over to david asman and Melissa Francis with big news this hour. David very big news. Start with news of stocks are rallying with major averages all ending up more than 1 . Dow moving up 100 points four out of last five days. Im david asman. Melissa im Melissa Francis this. Is after the bell. We have you covered on the big market movers. Here is what else is coming up at this hour. Hillary clinton out of bed and on the campaign trail speaking in greensboro, North Carolina, as new polls show she is losing even more ground to donald trump. This as trump is delivering more details on his economic plan. How he plans to create jobs, help the economy and kilnedless regulation. Did the obama administration