For treasury and commerce secretary Steve Manuchin and wilbur ross as we look ahead on sunday morning futures now. President elects donald trump turns the Political Landscape upside down marking a victory for the millions of americans angry with the political establishment. So what can we make of mr. Trumps Incoming Administration so far, and what does 2017 hold for him and the country . Former House Speaker Newt Gingrich is the author of treason a Fox News Contributor and it is good to see you again, mr. Speaker. Thanks so much for joining us. Its good to be with you and its a very exciting time to watch the development of the new trump administration. Its been fascinating to see the picks that he has chosen, lets talk about 2017 what it looks like. Were less than a month away from the inauguration. What do you expect to happen once President Trump takes office . First of all, i think the opening couple days hes going to repeal 60 or 70 of obamas legacy simply vetoing out all of the various executive orders that obamas used because he dunt couldnt get anything through congress. Second, republicans will be a little surprised, i think that president elect trump is going to reach out to democrats and try to form a trump majority in the house and senate on things like infrastructure, on health reform, to see whether or not we could break out of the gridlock of the past and i think hell have the active support of both the speaker ryan and Senate Majority leader mcconnell to reach out and see in the senate if we could get hanging out wit wed really be in great shape. In the house they dont need them as much because of the difference in the rules. Speaker ryan has always felt that bipartisan achievements last longer, theyre better and harder to work out. You have to think them through more. If you look at the Mental Health bill which just passed, a huge bill and the 20th century cures bill which has enormous impact on the National Institutes of health and the food and Drug Administration these are bipartisan. Only a handful of people voted against him and thats because the homework had been done on a nonpartisan basis to get a really good bill. Take infrastructure. There ought to be a way for democrats and republicans to come together to try to make americas railroads and americas highways and americas Water Systems dramatically better. You look at flint, michigan, over 100yearold water system, genuinely hurting the health of people. There ought to be you away to come together deep that. Number of issues president elect trump will turn out to be an american president , not just a republican president , and it will be conscious, i hope hell meet in the near future with the black caucus, with the hispanic caucus and really extend an invitation to them to come to the white house to sit down together and define ways to help people who genuinely need help. Hes also made a promise to begin tax reform, first 90 days in office. Thats what donald trump has said, will he keep that promise . Well, i think youve got a huge advantage in that chairman brady of the Ways Means Committee and speaker ryan worked together when ryan was head of ways means, where the bill will originate. They have strong, clear ideas that are very compatible with trump and im sure manuchin is sitting down with him trying to work ought a powerful, strong bill. One of the great challenges for president elect trump is to take the trump rally on stock market and turn it into a trump reality in the economy, that means things like passing a very powerful, very dynamic tax bill that liberates American Business and starts creating a lot more jobs here at home. Yep, for sure. Thathat this market has been rallying on. Then theres the repeal and replace of obamacare and theres securing the borders. Will they keep the promises . Oh, i think overall he will. Look, were going to repeal obama care but were going to keep key things that people really like, for example, the ability to make sure that you can retain your Health Insurance once youre in the system, no matter what your precondition might be, the ability to stay on your parents insurance until youre 26, although i think the president elect wants to have an economy so robust and so exciting that were at a 75year high of young people staying and living with their parents. Not in 75 years have we seen this many young people who cant find jobs. Lets be clear, the number one reason theyre staying with their parents, theyre not earning enough to move out. Right. I think with all fairness, having two grown daughters, i can say you get to a point where your parents would like you to be able to have your own place. Oh, you love it. I think trump will make both the kids and the parents happy, if he can get that economy moving. Youre not kidding there. In terms of challenges, newt, what do you see as the challenge for donald trump . I recognize hes got both chambers with the republican majority, which is good. He can get a lot done in that regard, but what will be his challenges for 2017 . I think hes got three immediate big challenges. The first is just the nature of the world. Every morning hes going to get up with very important things in mind, and lots of Little Things are going to come piling on, and hes going to have to learn to pass out and ignore the Little Things given to cabinet officers and staff and stay focused on the big things. Reagan did it the best of anybody ive seen in my lifetime and i think that trump has to, if hes going to get stuff done he has to come back with real focus on the big things. Second, were going to discover that the whole process, the bureaucracy, the red tape, the degree to which the Government Employee unions stop you from doing things, all these guys who run these Big Companies are going to suddenly find out theyre surrounded by all this red tape. Cutting through that, getting Civil Service reform, getting control of these big bureaucracies will be an enormous challenge. Nobodys done in my lifetime and i this i this is a cabinet that could do it. They have to stay focused on that and third i think youre going to have a permanent opposition, sort of a combination of the news media and the Elizabeth Warren hard left and theyre going to attack every single day and find something to attack all the time, and theyve just got to trumps got to get used to the idea thats okay, thats just noise. His job is to produce for the American People and frankly, to the degree that the democrats decay into being just the antitrump party, they will keep themselves in the minority for a long time. A lot of good points. That attack from the sharp left is probably one of the reasons he got elected. Theres this pull going on, and now theyre talking about keith ellison, not listening to voters still on the dem side. Well speak with karen finney about that coming up. Newt, its been an incredible pleasure and honor to talk with you on such an inbelievable year. What is your big takeaway from 2016 . That america is still an unbelievable country and the American People are still in control of their destiny and they didnt do what they were told to do, they didnt do what the media thought they would do. They created histoa on their own, despite all the eleasts. What makes america the most unique country in the world for individual liberty. I like it. Mr. Speaker, good to see you. Thanks so much. Take care. Merry christmas, happy new year to you, Newt Gingrich. What is next for Hillary Clinton and who will emerge as the lead every f er for the Democratic Party. More on Donald Trumps economic plan with treasury secretary nominee Steve Manuchin and wilbur ross. Follow me on twitter, let us know what youd like and see from our guest lineup today, as we look ahead right now on sunday morning futures. 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 . 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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. Hey there, starting your search for the ri am used car . You got it. Just say show me millions of used cars for sale at the all new carfax. Com. But, i don want one thats had a bunch of owners just say, show me cars with only one owner pretty cool its perfect. Thats the power of carfax® find the cars you want, avoid the ones you dont plus you get a free carfax® report with every listing start your used car search at carfax. Com newly released Court Documents the fbi seized and searched the computer of hue has abedin to continue the email investigation into the democratic president ial nominee. The fbi discovered abedin and clinton were emailing each other. This further angering democrats who feel the reopening of the fbi investigation into clintons emails a few weeks before the election hurt her chances to win against president elect donald trump. Karen finney is the former Democratic National committee spokesperson, good to see you, thanks so much for joining us. Great to be with you, maria. First what the probe reveals, what is your reaction . Well i think they revealed what we said all along. It shows that there was incredibly flimsy information that director comey was going on. At the time there were reports that part of the reason director comey made the announcement that he did ten days out from the election is that he was afraid of the possibility of leaks coming out of his new york office, so he went ahead and made this announcement and as we said then, and as we discovered ten days later, there really was no there there. There was no duplicate emails or information. Its very troubling what that says about director comey and his ability to run the fbi. Let me ask you about this, because maybe, could it be that it was the fact that it was on, Anthony Weiners computer, more carelessness to have National Secrets on his computer when we know he was sexting and doing all sorts of, well, whatever he was doing. Well, look, heres the thing i would say about that. What concerns i think a lot of people, and i think still is the open question, director comey made a decision to do something that was unprecedented and sort of without actual previous precedent i guess is the way to say it, and whats interesting about that is consider that when we were talking about russian hacking, there were 17 of our intelligence agencies had just about a month or so earlier agreed that among the intelligence that there was evidence that the russians had been hacking, and thats when dni and Homeland Security came out and made a statement, and the fbi director comey didnt want to join that statement because he thought it would be too political. For him to break with precedent and break with sort of the norms of the fbi, ten days before an election, to do something that was clearly very political, i think its troubling and look, heres the thing, maria, that i think is important. At this point the election is over, the results are in, donald trump is our president elect but i do think there are questions raised Going Forward about the fbi that are legitimate and i think things we need to look into, and i can just tell you from having been on the ground that there was absolutely a Chilling Effect in terms of the momentum from being in some of the same states, some of those key states just a few days before that letter came out, to a few days after that letter came out. Let me move on, karen, because theres a lot of debate about where the party goes now, and i know that voters recently voted back in nancy pelosi, youve got Elizabeth Warren pulling from the left of center, youve got Bernie Sanders and his very leftist policies pulling the party toward the left from the center, same with barack obama. Do you think thats what the people want . Based on what we just saw in this election, do you think that voters want to see the Democratic Party all the way to the left, the way that these folks are pulling the party . Well, i take a different view. What i see in terms of the leadership in washington kind of an array of voices and faces. Theres joe manchin and also mark warner of virginia. Lets open this up and hear from more parts of our party. I think maria lets be clear about what the results of the election really told us. Hillary clinton has 2. 8 million more votes in the popular vote than donald trump so my question is, what about those people . We know that some 3 million or more people voted for third party candidates. What about those people . So when we talk about what did americans want i think we need to look at the full picture and i think when we look at that full picture, i think the issue here is making sure that we hold donald trump accountable to the promises that he made to the American People, because i think what people wanted, it wasnt just about antiestablishment, although i think that was very clear head wind, no question. At the same time people wanted to be heard. It was about jobs. It was about protecting medicare and social security, and infrastructure. All of those things but this is my point. My point is, all of those things are things that democrats have been also talking a very long time. President obama tried to get many of those things done. He was, you know, rebuked, frankly, at every turn, by republicans who basically said anything from obama is going to be a negative. Lets see the first two years of administration in both chambers he could have gotten anything done instead pushed obamacare. Thats not exactly how it works, and again, if the republicans had been interested, though, at the time in getting infrastructure done, we could have gotten that done. My point is i think what youre seeing inside washington is an attempt to try to broaden out sort of who are the leaders of the party. I think there is a bigger challenge for the party Going Forward and that is, we need to be much more broad in the voices and faces of our party, you know, we have people in our party from all walks of life, from all parts of this country, from, you know, people who serve in the military, people who, you know, work in restaurants, people who are Small Business owners, people in all facets of life and i think what we need to do is represent those folks, and i think part of the issue here is, we need to have a stronger presence out in the states, have a real 50 state strategy like we had under president , sorry, chairman howard dean was trying to bring to fruition, which was to really make sure that we showed up everywhere and ask people for their votes, but we were engaged in communities around the country, all throughout the year, not just a few days before the election, and that we were really strengthening and building on the talent that exists in our party in the states, and where people really live and really listening to people at that level. For sure. I think when you look back at the election a lot of people talking about transgender bathrooms and Police Brutality and Climate Change and you had Donald Trumps team talking about jobs. That was the big missed opportunity. I take issue. Couple studies showed that Hillary Clinton talked about jobs more than anything else and what i will tell you is that some of the coverage did not always reflect that. There was a lot more coverage about other topics than necessarily her jobs plan or plans to bring back manufacturing or her plans to evittalize not just urban areas but rural areas, and looking at sort of how do we make sure that we increase incomes for people. So there was a lot that we were talking about, that she was talking about that didnt get the same kind of coverage as lets say emails and i think whats important here she should have done more interviews and more debates and press conferences. I think we would have loved to do more debates but theres an element to what gets covered. Certainly does impact what people here and thats one of the other telling things of this election, felt like to some degree there was a conversation going on in the national media, what we know from facebook and fake news and the alt right, there was a whole other conversation going on that i think we need to understand better. Karen, great to see you. Thank you so much. Well be watching. Well be right back. Theres a denture adhesive that holds strong until evening. Fixodent plus adhesives. Just one application gives you superior hold even at the end of the day fixodent. Strong more like natural teeth. Welcome back. President elect donald trump preparing to take the helm at 1600 pennsylvania avenue. Many of his critics are still questioning his ties to his own organization. Has he done enough to separate himself from his businesses . And is there any cause for concern . Judge Michael Mukasey is with me, former attorney general under president george w. Bush. Judge, always an honor to talk with you. Pleasure being here. It seems to me this is an area that donald trump really has to get right, and there could be some blind spots around. Do you think hes done enough to separate himself from his business . I dont think we can tell, because he hasnt really gotten up and described what it is that he intends to do to separate himself from his businesses, and its potentially a problem, in part because there are no laws that apply here. Now in a way that creates a lot of freedom, it also creates a lot of freedom for critics who can get up and say this creates an appearance problem and not have to define any order which it relates. Thats whats going on right now. Thats whats going on right now, right. There is a clause in the constitution that says that a president is not allowed to receive among other things emoluments from Foreign Governments. Thats never been dealt with or applied as far as i know. It didnt have to be dealt with. Correct, because weve never had a situation like this. Totally different. Right, and so the question is, if a Foreign Government buys something, and pays the same thing that everybody else pays for t like for example, space at a trump hotel, and any of that proceeds goes to him, is that an emolument . I dont know that it is. In past president ial situations, they would just put their money and their assets in a blind trust. Here he cant do that. Hes got his kids running the business. Is it enough for him to say my sons will run the business, were not going to have discussions about whats going on in the business . I dont know that it is, and part of it relates to where the money and the business goes, and obviously hes going to go back to the business so to the extent theyre creating an interest for him to go back to, there are questions about that, in addition to which if people are doing things and or doing business with those companies in the hope of getting access to the family, and to him, that also creates the appearance problem. And you dont want that appearance. Right. He said that hes going to have a press conference early january to tell us about this so lets just say more to come on that subject. Lets switch gears and ask you about the executive orders. Part of the repudiation that voters felt in this election was no more executive orders to president obama. Now president elect trump has said as soon as he gets into office hes going to start using his pen to reverse some of those. What are you expecting on day one and two . Im expecting that there will be a list of executive orders, im sure there are people who are working on that even as you and i are talking, to draw up a list of executive orders that ought to be repealed, and ought to be repealed on day one. They may include things like for example the order closing guantanamo. I would expect that would be an early candidate. They may include things like an order saying were going to limit interrogations to the army field manual. Other of that sort. Lets talk about the Guantanamo Bay for a moment. Was it day one that president obama signed an executive order, i will close Guantanamo Bay . Actually it was day two. Day two, okay. Day two and there was this wonderful ceremony. He signed three or four of these relating to prisoner treatment and to guantanamo, and i can remember the scene when he signed the one relating to guantanamo, because he read it out, sort of staggered through it, frankly, by the power vested in me, consistent with the National Security interests of the united states, closing guantanamo, he signed it with a great flourish, and then he said, and i think you can still watch this on youtube. Its on youtube right now . Yes. He said greg which was a reference to greg craig, who was then white house counsel, is there another order saying what were going to do with these people . Which meant he hadnt thought through something that is the centerpiece or a centerpiece of his campaign. He didnt have a plan. None. No wonder they all went back to the fight. Nobody had thought it through, nobody had thought it through beyond signing the order, and the voice off camera belonging to the white house counsel, greg craig, said well have procedures and he looked earnestly into the camera, yes, were going to have procedures. Even as we sit here today, judge, president obama is trying to get as many people out of guantanamo as possible. He wants to do everything he can to make it hard for donald trump to reverse it. Correct. And to increase the per capita costs and claim that its wildly expensive. Of course the easy way to drive down the per capita cost is to have more capitas there, more people. You think guantanamo is one of the first ones . Probably, i dont know that it should be but it should be an early candidate. Interesting stuff. Judge, good to he see you good to see you. Up next my interview with Steven Manuchin and commerce secretary nominee wilbur ross. Were looking ahead today on sunday morning futures. I had that dream again that i was on the icelandic game show. And everyone knows me for discounts, like safe driver and paperless billing. But nobody knows the box behind the discounts. Oh, its like my father always told me put that down. Thats expensive. Of course i save people an average of nearly 600, but whos gonna save me . [ voice breaking ] and thats when i realized. Im allergic to wasabi. Well, i feel better. Its been five minutes. Talk about progress. [ chuckles ] okay. Welcome back. Creating jobs, rolling back regulations, cutting taxes, these are some of the pry at for president elect trumps economic team. On morngsz with maria on the Fox Business Network i sat down with Steve Manuchin and willber ross who told me tax reform will be priority number one with the first 90 days in office. Well have an integrated plan and work closely between commerce and treasury to make sure we drive growth in this country. Our number one priority is to sustain 3 to 4 gdp. 3 to 4 gdp is almost double what were seeing right now, and of course how do you get there is the question, in terms of growth. When would you expect 3 to 4 Economic Growth . You know i think this is something over the next couple of years were going to get to and i think its very achievable. This has been an administration for the last eight years where we havent had enough growth, our number one priority is going to be tax reform. We think that, by lowering the Corporate Tax, were going to make u. S. Corporations incredibly competitive, and create an enormous amount of money that comes back onshore and creates jobs. Wilbur, let me ask you about the tariffs youve dealt with in your private life and running your business, and the idea that people are worried about potential tariffs actually being a disruptor for Economic Growth. How do you see tariffs and trade changing . Trade is the important thing to change, and tariffs are one potential ultimate tool, but really, theyre for the most part a negotiating tool to get the countries to relieve the tariff and nontariff barriers to our trade. The real objective is to build our exports, not so much to kill the imports. Its a total mischaracterization of whats being done. If need be, there will be tariffs and there will be especially tariffs for punitive purposes for people who dump. Steven f its one thing that you hear from managers of businesses and ceos over and over again its the fact that our tax plan is the most unfavorable in the industrialized world, the highest taxes in the industrialized world. Talk to us, you said in the first 90 days youre going to have tax reform. Walk us through it. Sure, so this is going to be a major priority and theres two aspects of it. One as i mentioned is Corporate Taxes and the other is personal income taxes, and were going to simplify the personal income tax, lower from seven brackets down to three, simplify it, deliver a very significant middle income tax cut thats going to be combined with the child care program, and the other aspect of it is on the upper end, well cut the tax rate but it will be offset with a significant reduction of deductions, so for the upper class, it wont be a tax cut but it will be a simplification, it will lowerginal rate, which will spur investment. You say it will spur investment, because you have to assume that, with a better situation on earnings, because companies are paying less in tax, they will reinvest that money in their business and higher . Absolutely. We fundamentally believe in dynamic scoring of taxes, and this is something were going to be working with congress and passing legislation. What regulations out there do you think are most onerous, that you really do need to take a second and third look at . The first thing were going to do is look at doddfrank. It is way, way, way too complicated and theres many aspects of it that we got to kill. Theres many aspects of it that prevent banks from lending, and we need to make sure that banks lend. We want to see huge growth in this economy. Its small and mediumsized business and make sure the banks are lending to them. So the rules had become so stringent that the banks pulled back, and they were lending less. Is that right . Absolutely. And the rules are so complicated, that many times banks dont even know how to interpret many of the rules, so let me just say, you know, i believe we need to have proper regulation of banks that have fdic deposits to make sure that we keep the safety of fdic deposits, but having said that, theres many aspects of doddfrank that cross over so many things that make no sense, that were going to look at. You probably experienced this as well. I did, in the banks that we have. The average small bank now has more compliance people than lending officers. Thats a very flawed business model. Even at the large banks, the regulators have offices there. Absolutely. Thats not the way to run a bank. Government is not the right way to allocate capital. Private sector is the right way. Look at fannie and freddie, the two things the government had the most influence on. Theyre not exactly role models. Would you move to change fannie and freddie at this point, move to have these privatized . Absolutely. We got to get fannie and freddie out of government ownership. It makes no sense that these are owned by the government and have been controled by the government for as long as they have, in many cases this displaces private lending in the mortgage markets, and we need these entities that will be safe, so let me just be clear. Well make sure when theyre restructured theyre absolutely safe and they dont get taken over again but we got to get them out of government control. So tell me about nafta. What do you want to change about nafta . Well i think the right way to negotiate nafta is in Conference Rooms with mexico and canada, not, frankly, in the press room. Okay, thats a fair point, but you know, a lot of people worry, businesses in particular, that if were going to see pulling out of tpp, looking at nafta, changing nafta, looking at anything else that may not make sense, is it too much at once . Will it create disruption as opposed to growth . First of all, it isnt a question of pulling out of tpp. Tpp does not exist. Right. Its a fiction of peoples imagination at this point. Obama wanted to push it until the last days in office. Come on. Its especially a figment of his imagination. My point is its hard to say theres disruption when you dont do something you werent doing anyway. What about nafta . It needs to be fixed but not fixed with blowing up the whole world. Mexico is not going to go to zero, canada is certainly not going to go to zero but there are changes needed and i think the markets are recognizing it. Look how the peso has acted. That doesnt tell you that Everybody Knows there will be change, i dont know what does. My thanks to wilbur ross and Steven Mnuchin and more now on some key Economic Issues ahead in the new trump administration. Im with House Majority leader kevin mccarthy. Congressman you said youd be all about jobs. Tax reform is a priority, repealing and replacement obamacare is a priority and Border Security is a priority. How do these things lead to jobs . Walk us through what your priorities are for 17 and when do you think you could actually get these things done . I think all of these will have to start right away. Thats why i set the calendar for congress, we made sure within those first 100 days were working in session more. Thats excellent. We add weeks that were working in there, we look at not just 100 days, but the first year, and we want to be working closely with this administration, the senate as well so weve been meeting on a weekly basis. Theres certain things we can do right away and certain things we have to start and make sure we get it right. One when it comes to Border Security, youve got to make sure your country is safe. So president elect donald trump has run on making sure this border is secure, youll see an early bill with that. Regulations that we can deal with early on, looking at rolling them back in others. Well start moving those, article one, when i talked about the ranes act and the midnight rules, and then you look at obamacare. It has failed and Everybody Knows it, so what are we looking at in a different place . We have to repeal it first, and then were going to replace it with new legislation where you get greater choice, more doctor patient relationship, a Health Care System that actually works, that the premiums go down, greater choice. Not an easy thing to do. All those Insurance Companies, united, universal, they said they were going to lose 1 billion, they pulled out. Do you think youll be able to work in terms of the Insurance Companies Offering Health care . Oh, yes. You want to have individuals that have greater choice, more options out there to pick from, and ive already sent a letter to every governor and every insurance commissioner, give us your ideas as well. So its not just the house or senate involved. We want everybodys input in this, because we want to get this right. Explain sanctuary cities to me because i dont understand why or how its possible that for all of these years, weve been blowing off the law. What are you going to do with mayors like Rahm Emmanuel who say look, if youre illegal, youre safe in chicago. Americas strong because of the rule of law, and if you break the rule of law, you break down society, two years ago, we passed a bill, if you want to ignore and only pick and choose which law you want to enforce, then you should not be recipients of federal money. I think the sanctuary city issue is going to go away. These mayors are going to realize, they cant pick and choose what federal law they want to enforce or not, so we need to protect the citizens there. Why would they want these individuals to come there leg illegally . The first role is to protect americans. How far are you willing to go in terms of voting, Holding Back Federal funding for the cities . Weve shown two years ago if you want to pick and choose the law, theres not just in sanctuary cities, we have to be a country that has rule of law, a fairness. You cant pick and choose which ones they are. So youve got to uphold the laws that are passed. Youve got a balance within to go through it. If you dont want that, then you shouldnt want the federal money to come with it. Its that simple. There will be a lot of debates in the new year, i could see that. Lets talk tax reform and go back to that for a moment. We had Steve Mnuchin coming on, heres what he said about priorities in 17. Our number one priority is going to be tax reform. We think by lowering the Corporate Tax rate well make u. S. Corporations incredibly competitive and create enormous amounts of money that comes back on shore and creates jobs. Trumps plan is a 15 Corporate Tax rate, the gop house plan was 20 , where do you see this going . Well, well sit together and work the only way i see it going, its going to get lowered. If we want to create more jobs in america we have to create a structure that makes us competitive. Right now were not. Right now our Corporate Tax rate is so high it gives you incentive to be in another country. We also, if were in a world economy, you create money in another country, we punish you if you want to bring that back to invest in america, were going to change all that, keep america competitive where we can compete around the country, create a tax system thats fair, create a tax system thats simple. We have a tax plan that fits on a postcard so every family can fill it out themselves but should we be pushing and warning companies if you go overseas and try to get your products back in, youll get a 35 tariff . No, i think the way we solve competitiveness we create a struck too you are that makes you want to be in america, and i think lowering the tax rate, dealing with repatriation so the money can come back to america, invest in america for american jobs, solves the problem that were trying to go out after. Youre not expecting to be warning the way president elect trump has done . I think what president elect trump is doing, hes warning others that america is not competitive today, and that were going to change all that. Were going to work closely together to make sure we get a tax code thats fair and that works. Real quick on infrastructure, congressman, are you going to spend 1 trillion on infrastructure . Absolutely, 1 trillion is expen expensive. I came into congress, watched the president obama do this stimulus and at the end of the day, more people believed elvis was still alive than the stimulus created jobs, but what you can do, currently today the regulations to build a road, you wait a decade for that. You could see the reforms there, and what i like about president elect trump doing, he brings that business idea in, what about a private partnership . What about taking investments from the outside, changing the structure so you can build it faster and looking at infrastructure in a different manner to make sure we build america stronger where we can be competitive. As a conservative you cant like 1 trillion in spending. Youre saying you could probably get there without spending that much money . Oh no, you can make reforms and build something easier, faster and cheaper, and you can take a reform where you allow private sector money in to make it happen as well. Congressman youve got your work set out for you. 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Liberty mutual insurance. President elect donald trump surprise victory on november 8th over Hillary Clinton was voted the top story of the year. We bring in our panel now. Ed rawlins. Joe trippi is a former Campaign Manager for howard dean and a Fox News Contributor. Gentlemen, good to see you. It really has been an honor to navigate things for you. The truth of the matter is lou sat here a year ago and said that donald trump is going to be president and Hillary Clinton and Democratic Party are going to be in kind of disarray. Just the opposite story could have been told. I think most people thought mrs. Clinton would be the president and the democrats would do well in the house and the that. Just goes to show that campaigns matter and politics matter and candidates matter. And i think trump became this extraordinary candidate by the end who captured the last couple of weeks with great unrest thats out there today. We were talking with karen finney and she felt like it was the coverage from the media and why do you think all of that is . You live with the media. The truth of the matter is theyre very much a part of the campaign. You have to capture that concern of the voters out there. And trump talked to that voter that was very unhappy. He sure did, joe, because he made his campaign all about jobs. Yeah. And he also made it about twitter. I mean look, what we saw was not just first of all, ed and i talked a year ago. We all would have agreed that if trump had won it would have been the biggest should be the biggest news of 2016. And it is. The second of all, its clear that the change in media environment, and his understanding of social media, and how to keep his, you know, what he wanted in front and center and have Mainstream Media pick it up, was a bold stroke that worked for him. And i think were going to see it looking forward, in his presidency for sure. How much of it was, though, that she was a flawed candidate . I mean do you think things would have been different had president obama pushed somebody else forward . Or had the Democratic Party not been afraid to challenge hillary . Look, i look i think when you lose by 78,000 votes the three states that she lost, every single reason that everybody is putting out there, from hacking, to comey, to their inability, democrats inability to turn their vote out, every single one of them is going to be right. Every single reason is why she lost. But the fact of the matter is she did win the popular vote. Hes president. Not taking that away from him. Right. But im saying that in the end i think the party needs to take a seat, look at what really did go on. Not i mean the comey and the other things are, and whether her server, those are all things that werent in control. But did we get out the vote the right places . Did we have a message that appealed to Blue Collar Workers in the midwest. You know. And clearly, we need to improve. So i mean i think its distraction to talk about the other stuff, even though i think as a country we should look into what happened, with the russians, to make sure we understand it. I dont think that as a party it does us any good to focus on that when we should focus on what did go wrong. Especially when you look at wisconsin, michigan she didnt create any excitement. Shes a woman who served her country very ably and well and served both as first lady and senator of her state. She was the eventual nominee and probably shouldnt have been. At the end of the day she wasnt a very good general campaign, and for a variety of reasons she got knocked off. But the integrity issue with her, she built up over a 30year period, people didnt believe she was honest and i think to a certain extent thats what did her in in the end. What about the republican party, ed . Lets face it, donald trump was not an establishment candidate by any means. A lot of them were against him. Hes still not an establishment candidate. Its now his party. He has the congress, both the house and the senate. Theyre not going to roll over and play dead for him but he has to lead them and basically and do some things that make americans feel better about themselves. If he drives this economy, in two years the economys better than we talked about there then obviously republicans will do well in the future. If not well have failed and failed miserably. Its also an experiment in terms of creating an environment for business that they will hire. Because the dems will say thats actually not the way to grow an economy. Well, i think were going to have to rethink how we grow an economy. And i think the combination of growth, robotics, and where we go there, were not going to need the big manufacturing jobs back in this country. Theyre not going to come back from china, mexico, anywhere else. You have to duplicate some other kind of job. Yes, skill sets. Lets take a short break. When we come back, the one thing to watch in 2017 from our panel. Next. Your path to retirement may not always be clear. But at t. Rowe price, we can help guide your retirement savings. So wherever your Retirement Journey takes you, we can help you reach your goals. Call us or your advisor t. Rowe price. Invest with confidence. When aachoo calls. Answer it. With zicam cold remedy. It shortens colds, so you get better, faster. Colds are gonna call. Answer them with zicam zicam. Get your better back. Now in great tasting crystals. G new cars. Youre smart. 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. Ltry align probiotic. N your digestive system . For a nonstop, sweet treat goodness, hold on to your tiara kind of day. Get 24 7 digestive support, with align. The 1 doctor recommended probiotic brand. Now in kids chewables. And were back looking at the big thing to watch for the new year. Ed rawlins, what do you think . First of all, going to watch President Trump. Hes a big personality. Can he deal on the world stage . Can he get his agenda through . He has a brandnew team most of whom have never been near washington and well see if he can move the congress. If he has a collaboration and can prove some stuff here obviously well have a good year. Also joe trippi the experiment of putting all these Business People in government roles. No, thats absolutely correct. And i think, look, we you celebrate, you know, getting 20,000 on the dow, thats going to inevitably happen, a lot of working people were left behind. They werent part of that rally from 10,000 to 20,000. And obamas democrats paid a price for that anxiety, and watching the you know, wall street move but nothing else did, in those states we talk about, wisconsin, michigan, pennsylvania. Yeah. The question is, is that what youre looking for . Does this administration, with its business leaders, does it change that . Or does it work like everything keeps moving in wall street like theyre still getting left behind . Thats going to be what to look for in 2007. Can they do it i think they can. I think they have a year to do it. Ed rawlins, joe trippi, good to see you both. Im maria bartiromo. For all of us have a very Merry Christmas and wonderful new year. Media buzz begins now. Thats all we got for tonight. Good night from new york. Thank you so much for joining us. Announcer from fox business head quartr quarters in new york city, the new wall street week. Anthony welcome to wall street week. Trish investors are riding the trump rally. The dow has posted over 15 record closes since the election. Is this a classic case and will much of these gains evaporate if donald trump doesnt deliver on the promises he put forward . Gary to get some answers chris toomey joining us now from morgan stanley. You and your partneran
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