Word moderate, it is not in there. Democratic leader chuck schumer. Nothing moderate about him or nancy pelosi, on a threemonth extension for the debt ceiling and funding for the government. A deal that has congressional conservatives fuming. Well take you there live when the president begins. David all happening right now. But markets first. Getting a bump from the president s announcement that would clear the decks for a tax cut. Quickly to Nicole Petallides from the floor of New York Stock Exchange where the idea of a tax cut really excites investors. I can almost say tax cut, good news, back to you, david and melissa, to you jokingly. That is one of the ideas that propelled us since last november. The dow is up 255 points after a 234 point drop. Up 55 points. Intel had news in europe. Home depot is shipping out emergency materials down to florida ahead of Hurricane Irma. You saw the energy names higher. Taking a look at amazon. Amazon has been in the news because there are are some
Have quite frankly, they have, they have more broader powers and they oversee basically all of government where our on our side we have the classified side. That is one of challenges i think a lot of our members did not know. Because we are the holder of the place where you can bring top secret information were working with folks who have been bringing us information over the last several months. Reporter [inaudible] yeah. So i didnt see the interview but im not sure that, i dont think anybody has reported on the fact of this investigation or this inquiry moving forward until just now. As far as i know no one knew about that. Reporter [inaudible]. Said exclusively the democratic leader nancy pelosi, steny hoyer is not the person filing. This looks like more of a fishing expedition to democrats. What will it do for any remnants of bipartisanship on either your committee or the Oversight Committee . Well our job here is to get the facts. Were the legislative branch of government. Well do
A lot of them, targeted at one donald trump. Reaction from Fox News Contributor Rachel Campos duffy. Nassau county democratic chairman, and Washington Examiner susan ferrechio. What do you make of these protests, under democratic and republican administrations alike, they devolved into political protest, whatever the political dejury. For dem these protests are good thing. They excited their base. We see he how an excited base can change Election Results in recent special elections where democrats had much better turnout, that what matters comes to elections. The turnout. Helps democrat with their own momentum issue. They were stumbling around after losing to trump. The base being excited like this, given them more of a footing. Emboldened them on capitol hill from spending fights to Health Care Bill. Overall, it has been a winwin for the democrats. I think for republicans they havent quite figured out a way to answer back to this in a powerful way, in articulate way. They say nothing.
A lot of flury of activity. Sources telling the fox business network, that President Trump himself is personally involved in the health care pitch as you talked about. He mitt with senator rand paul. He spoke with another conservative i guess you could say is opponent of current iteration. Senator mike lee. Spoke to him about the Health Care Bill. Mike lee expressed his concern. What you see, President Trump, mike President Trump, inviting senators james langford, ben sasse, to a dinner to talk about this. The white house is pulling out all the stops. They see this as a key part of their legislative agenda. They would like to get this done to move to tax cuts and they consider this very important and the president who was kind of in the background. President kind of little bit in the background on this issue last couple days is now carrying the torch. I think what the conservatives will have to ask themselves is this. Do they want to let the president of the United States, on a key leg
Twitter isnt the only stock to do that this year. Coming up, well name names and tell you what this could all mean for another huge ipo. Stay tuned for that. We were taking bets on where it will price. See how all that shakes out. It turns out that it is not true that the socalled wealthy pay the most income tax in america. Jane wells has learned that they pay all the income tax. 106 of income taxes. You heard that right. They pay more than 100 . How is that possible . Stay tuned for this stunning report. And lets check the markets right now. The final hour of the day, pretty much a down day across the board for the major averages. The dow jones is actually an outperformer helped by mastercard. Helped by home depot as well in there but down about 87 points at the moment. The nasdaq is still off. Clutching that 4,000 level. The s p 500 has shed 15 points and got below 1790 as we speak. Maryann bartels from merrill lynch, Adam Thurgood and done shriver from wbmi funds. What do we make of