Ladies and gentlemen, good morning. Welcome to the brookings institution. Before i begin my remarks, i would just like to say on behalf of the institution that we are thinking every moment about the challenges that australia is facing, with the wildfires that are impacting australia in such a dramatic and negative way, and they are in our thoughts and in our prayers. As well, we also are focused on the passenger list of the aircraft that was lost in iran two days ago. All of those souls are in our thoughts and in our prayers today. Im john allen, president of the brookings institution. We are very honored to have you with us. Happy new year. We are very pleased this morning to welcome the secretary of the army, ryan mccarthy. He is our distinguished guest and our great ally in helping to study the future of the United States army, the Defense Department and the challenges that we face in the security environment. Secretary mccarthy was confirmed last year by the u. S. Senate and after
Address to nation today vowing to immediately impose new sanctions on iran after overnight retaliatory missile strikes by iran hitting two iraqi airbase esthat are housing u. S. Forces. This is bulls and bears, i am kristina partsinevelos. Joining me on panel, steve moore, steve forbes, gary kaltbaum, and robert wolf. Lets head to Hillary Vaughn at the white house, we brought upward peaceful, but yet we heard sirens and reports of bombs in baghdad, can you tell us what is going on . Reporter from our colleague. Trey inyingst. Baghdad respecting rocket reports rocket fire in the green zone, this is what they were concerned about. It inclaims tensions between iran and the u. S. Well see more of the small activity now near baghdad and the middle east. In response to this the Foreign Policy team that white house sent to capitol hill to talk their Decision Making through with lawmakers, they did not convince the two most powerful democrats in congress, Senate Minority leader Chuck Schumer a
This morning. House Speaker Nancy Pelosi in a statement saying this, american leaders highest priority to protect american lives and interest but we cannot put the lives of American Service members dye mr. Mats and others further at risk for engaging in provocative and disproportionate actions, tonights actions further dangerous escalation of violence; 2020 candidate and former Vice President joe biden also issuing a statement saying he supported terror and sub chaos, none of us negates the cause that this is escalation move, deter future attacks by iran and almost certainly will have the opposite effect. Joining me now white house fox strategic defense adviser and Army Special Operation shoulder bret and foxs military colonel david hunt. Good morning p. Thanks for having us. Cheryl to you first, big concern and investors are concern about possible escalation of tensions between u. S. And iran, how concerned should we be this morning . First of all we did accurate job with the investig
That statement. Iranian leaders, they have made statements. They have largely avoided the bellicose language we have seen in the past. Overnight, leader ali khamenei says it was a slap in the face to america. They say they do not seek escalation or war. Obvious question this morning, was the attack deliberately proportionate, a oneoff that makes a point but doesnt risk a devastating american response . Can the iranians risk taking action that results in allout war . Their economy is collapsing. They are out of cash. What will the president say this morning and how will he say it . Escalation . A threatening tone . We will find out soon. Now look at this. Yet again, the market is largely shrugging off an attack in the middle east, in the middle of the oil patch, no less. When the news broke, futures showed a near 400point drop but look at it now. Down maybe 20 for the dow and all of that loss accounted for by just two dow stocks which we will mention momentarily. The s p is going to go
Impeachment. Republicans and democrats clashing over the rules even though the articles have yet to arrive at the senate. Plus attorney general bill barr meeting next week with officials in mexico to talk security amid that countrys worsening epidemic of narco violence. Im Melissa Francis in for elizabeth macdonald. The evening edit starts right now. Melissa we have every angle covered for you tonight. Hillary vaughn with latest from the white house on iran. Gerri willis at New York Stock Exchange with todays big rally. Kick it off with hillary at the white house. Hillary . Melissa, all Senate Democrats and two Senate Republicans left the closeddoor briefing with the trump administrations Foreign Policy team today unsatisfied. Some of them were outraged after one Administration Official asked congress not to take up any war powers resolution debating the limitation of any further action against iran over concerns it would send iran the wrong message. To come in and tell us that we cant