Hillary clinton, chairman steve forbes on this story and much much more, tonight, money and politics weve got you covered welcome to risk reward im Elizabeth Macdonald now the market hitting more new year highs today the dow finishing less than 80 points shy of 25,000 thats its 89th record close since the election the s p and nasdac also having a second day of record closes and now weve got new information surfacing about that book, basically the information is attacking the credibility of the author michael wolf, the book that quotes steve bannon. The book that triggered this major fight with the president. The president s billionaire friend Thomas Barrick ran the inaugural committee now says michael wolf misquoted him saying he never used the word like crazy to talk about the president saying wolf misquotes are completely utterly false. Lets bring in fox business adam shapiro live at the white house with the latest on the trump bannon fight. Adam . Adam it started this morning emac w
50 votes instead of 60 politics is very much on the front bunker again this morning president pushing hard for miss cladle tax cut drawing democrat support wherever he can and deal seems to be shaping up dreamers wont face deportation thats a deal on daca and wall will be built. The republicans total disarray dont forget this. The market, a new high for Dow Jones Industrial 22,203 a fractional loss today. What a day Varney Company is about to begin. Right to the terror incident in london i want to know what happened early this morning ashley. Improvised left on London Underground train and in the u. K. Section of it is overcrowd it is the wimbledon line happened in a place called parson green about five stops up from wimbledon for anyone familiar with the two situation. It did detonate but did not fully it was a device left in the shopping bag, with a timer on it. So police say hay do not have a suspect or suspectings yet in custody so a massive man hunt going on. They believe that thi
President trump americas crushing business tax is a massive selfinflicted economic wound. Why not set out with your friends on the path of adventure and try to start up your own business . President trump we will make america the best place in the world to hire, grow, and start a business again. I believe that in both spirit and substance, our tax system has come to be unamerican. President trump to bring back those companies, bring them back to america. The power of these incentives would send one simple straightforward message to an entire nation. America go for it. Liz they sound alike. President trump just like reagan fighting to let you keep more of what you earn, proposing to cut the number of tax brackets by more than half, in order to simplify the tax codes. Trump is fighting the d. C. Swamp this time he could win. The president Just Announced saying the long awaited details of the republican tax plan in a big speech in indiana just moments ago. President trump were going to cu
Immediate writeoff for investments encourages spending on equipment of machinery. All of the above are progrowth, probusiness. Now, for individuals, Middle America wince. But for highincome people, not so again generous, maybe a higher rate if you make big money and wealthy in democrat states may lose lucrative reduction like the states right there. My opinion, something very much like this will pass. All right, now look at this. New fox poll confirm that is the president s Approval Rating is moving up. 42 now. It was in the mid30s just a few weeks ago. Things are looking up including the economy, growing at 3. 1 annualized rate in the second quarter. First time we have seen that in years. Varney company is about to begin. Our framework includes explicit commitment that tax reform will protect lowincome and middleincome households, not the wealthy and well connected. They can call me all they want, its not going to help. Im doing the right thing and its not good for me, believe me. Stu
Trump. Hoped former fbi director james comey would deliver the evidence, but several news sources say he will not deliver. He may make the white house uncomfortable, but watergate its not. Now this. Terror hits tehran. Authorities in iran report an attack on parliament ap the khomeini shrine. A female suicide bomber said to be involved. Reports of hostages taken and 12 dead and isis claims responsibility. Terror in london. Prime minister theresa may takes a much stronger line, restrict the freedom of movement of known suspects, even if theres insufficient evidence to prosecute. If the law wont let do you it, change the law. The brits go on offense. This is big change in antiterror policy. Its wednesday morning, Varney Company is about to begin. I mean longer prison stens for those convicted of terror row la tower related offenses and deporting terrorists back to their own country. And i mean doing more to restrict the freedom and movements of terrorist suspects, when we have enough evi