Coverage. Blake burman at the white house. Edward lawrence in washington. Well start with you, blake. Reporter jackie, last night during the Coronavirus Briefing President Trump first floated this idea of him potentially going down the path of trying to get a cut on capitalgains taxes going forward. Here is what im told according to sources. Right now the white house is exploring that idea, looking into it and doing so via the form of an executive order because there would be little to no appetite within washington, d. C. Right now of doing that legislatively, especially when you consider what the grand picture is with everything. Weve just heard some of it from Mitch Mcconnell within the last half hour or so. Both sides, democrats, republicans, still 2 1 2 trillion dollars apart. Both side right now not even talking. They are also acknowledging that this is going at least for the moment, nowhere. Watch. We are i will two sit down as long as it is a serious negotiation. Thus far it has
Melissa this is of the after the bell. Blake burman standing by at the white house. Kristina partsinevelos is on the floor of the new york stock exchange. Blake, i will start with you first. Reporter melissa, looking down from my computer. We got a statement from nancy pelosi. Were getting her first reaction to the president s tariff decisions. She calls what the president did as reckless. The threat is not rooted in wise trade policy but more to do with bad immigration policy on his part that from nancy pelosi. We heard from President Trump today as well, he sent out a host of tweets which he defends his move two ways. He says one the surge at the southern border relates to Illegal Immigrants needs to stop. He says there is a flow of drugs coming across the southern border, that needs to be curtailed as well. The acting head of the department of Homeland Security is kevin mack call lien. Last night when he spoke with reporters he outlined how mexico could avoid tariffs going forward.
Soon as it comes out. Small but mighty. President trump focusing on plight of Small Businesses this afternoon. What he is pledging now to help this driving force of our economy. Among our guests this hour, former White House Press secretary ari fleischer, South Carolina congressman mark sanford, Lieutenant Colonel oliver north is with us. Melissa back to the markets. The dow closing at new record high for the fifth straight day, inching closer to hitting 22,000 for the first time ever. It has been 109 days since we saw a milestone on the dow. Connell mcshane on floor of new york stock exchange. Connell, so we didnt get 22k but were getting darn close. No. Well take it. Another record close for the Dow Jones Industrial average. Well take it on day in, day out basis, as you say, that is pretty much, melissa, what weve been getting. This is the 31st record close for the dow so far this year. Got within 10 points give or take as magic round number such as it is 22,000 earlier in the day. T
Refusing to work with republicans to bring real relief to american taxpayers. What is next for tax reform . We are on it for you. President trump unveiling a new Immigration Reform bill. Aimed at awarding green cards based on merit. He promise this is will save taxpayers billions of dollars while protecting american jobs. So will this get bipartisan support . We are going to debate that story as well. First, want to go to our own adam shapiro standing by at the white house for latest on tax reform and where everybody stands. Adam, good to see you. Good to see you, cheryl. Tax reform is front and center although so much is boeing on today here on the white house. On capitol hill, focus is tax reform here on the white house of the part of the president s overall agenda. This morning, mick mulvaney, director of office of management and budget, was pushing the need for tax reform. He was saying as we heard from Mitch Mcconnell yesterday, owe does not expect this to be a bipartisan effort.
Prime minister by phone. We will have a readout on that call soon. Right now many of you just came from the president was involved in another listening listening session. Including representatives from International Justice missions and the united way. Their expertise will be are there. And to push through legislation aimed at preventing all forms of the horrific and unacceptable practice of the buying and selling of human lives. Human trafficking is a dire problem. In solving this academic is a huge priority for the president dedicated men and women from across the federal government had focused on this from sometime. The president is committed to continue working with these organizations. Its also going to be available. The president this evening will attend the dinner with the business council. Today they have productive meetings at the cabinet level with mexican government. Ways to advance that. They have a candidate discussion. Its part of the usmexico relationship. A covered a fu