3:30 p.m. eastern today here is to follow the president to missouri. future the federal reserve on deck set to testify today in the state of the economy on capitol hill as her possible successor thatcher nominee jerome powell was questioned by lawmakers. december 13th at the meeting. features indicate a rally that will not quit on the heels of a triple digit. dow industrial a quarter of a percent higher. the s&p 500 positive. european bases right now but they make story with the ft 100 down to third to 1%. caci passes a percent of the dax up almost 1%. markets in asia close in japan, shanghai and china both. hang seng and kospi lower. suspect in deadly murder spree in custody this morning. florida authorities have arrested a man they believed to be connect to do a series of killings in the tampa area. details of a possible serial killer and his arrest is morning. 1 billion for freedom billion for freedom. one of the senior princes arrested in saudi arabia in recent crackdown has been freed after reaching a hefty settlement. latest of the tensions in the country coming up as all of those right now are at the negotiating table with the crown prince to try to pay their way out. talk about cricket craze. bitcoin past $10,000 now with the breaking down of the future of this plan and the superstar looking to get a piece of the action. we'll tell you who that is. jamie to talk all about it, taken at powell, former chrysler ceo, bob nardelli back with us in 32 advisers founder ceo economic adviser to president about fox news contributor robert wolf with us. good to see you. >> great to be here. no lack of news. >> in the next tax reform. dagen: and who is sick of the attention seeking posturing peacock politicians and bureaucrats in 10 who are doing nothing for the american people and i mean republicans and democrats. what was going on at the consumer financial protection bureau last week was something out of a bad game show that got canceled. maria: what was that all about? the judge has ruled mick mulvaney will be the interim head of the consumer protection, but she's not giving out. tranter we can get to "the wall street journal" editorial from today's that is hilarious that headline on it. a drama queen loses her head. after the editorial yesterday. maria: i'll talk about that. join the conversation from the white house press secretary sean spicer make an appearance this morning. pat to me will give us an update on tax plans and the florida congressman dennis ross along with wireless ceo denny strapless at best. as cofounder paul hansen hard and cold bath with us this morning. you do want to miss a moment. take it off right now at the top story confronting the north korean threat for the rogue regime has successfully tested a new type of intercontinental ballistic missile capable of reaching the united states. the missile landed in japanese waters yesterday that flew higher than any water that north has previously tested. here's a james mattis had to say about the latest move yesterday at the white house. >> a missile was launched a little while ago from north korea. we will take care of it. the bottom line is the continued effort to build a threat served, ballistic missile threat that endangers world peace for regional peace and certainly the united states. maria: neighboring north korea launching one of its own ballistic missiles. join us now ballistic missiles. china suffer marchioness house washington is house financial services committee member congressman, joining us right now, blaine luetkemeyer, good to have you in the program. thank you for joining us. congressman, you are coming to us from missouri. obviously the president is coming to missouri. first, your reaction to the latest test out of north korea. >> very concerning because we've been trying to put sanctions and give everyone in the neighborhood to help us to bring us by the table to negotiate the situation down from the process it's getting to. at this point it doesn't seem to be working but we need to continue on those lines to try and price this dictator and are coming to the table and realize this is a no-win situation for anybody. >> do we know it for? >> look at the past 25 years, it's obvious they want a nuclear device that can be a big boy at the table, they are headed down this road. they will past administrations at the republican democrats not able to stop this development and at this point it's a big problem with president trump that it's not a matter of if, but when. this individual gets bombed federal upset the balance of power. >> just a comment and then a question. we've been waiting for china to kind of put the hammer on them. sanctions only matter if sanctions abide by them. where are you with respect to relationships with china. meanings in asia, the president recently with this comment, where do you think this goes about putting the hammer on them, anything can happen. >> i think you are right. the concern is that they won't do anything, but it's in their best interest they will have to become engaged. the korean peninsula, so they like the balance the way it is right now. unfortunately, what you are seeing is then allowing the north korean to be a belligerent and if you are in their position, stop and think about it. by then doing what they are doing, they get a read on us as a country as well as the president on how they will react to certain situations. they are getting beneficial information as to how we would conduct military operations centers on says to military confrontation. the dangerous game they are playing if they allowed this to go too far. they could step over the line and endangered the entire piece structure of the region over there which is not in their best interests. how far they go is a good question. the mac feels like a good point to see how we react. when they move on to tax reform. a big step forward yesterday at a key vote to advance tax bill with two of the biggest holdouts. bob johnson is that accurate? >> the vote was fair and i could see they were on board. they have some concerns with the president and the leadership in the senate were able to lay off concerns that they were willing to support the bill and continue to move. as far as we in the house are concerned, we don't particularly care for their bill. it's a good bill and managers ask of the few would like to see and change. if change. if they can get a change. a thinking adult pass so we can get to conference, that is what we were able to do with regards to the health care bill. they can get something else we can think on both house and senate, we can get there. >> what are the sticking points now? are you still dealing with the difference between the pastor than the corporate rate? take us behind the curtain and what's being talked about right now i see is the closed-door meeting on capitol hill to urge senators to push ahead with the plan. >> i was inactivating. i was doing other things are not privy to what's going on. i think you can tell this is important to our members on the side of the building. the health insurance mandate is something we can expect in the house and something that is in the senate bill. it actually frees up some dollars to work with some other issues. i don't think we are that far apart. the president put together a working group of the house, senate and administration officials. they then fill in the details of those principles and they think we are very close. just a matter now working out the details. yesterday was a perfect example. the folks have issues and i think down the road this will happen. i think he gets done very shortly. >> congressman, i will play devils advocate, not surprising on this panel. corker flipping is a bit of a stretch. i will say he's putting in.mac and his son on the tax plan and it seems to me that if something that would get him inflating the cane overboard, but i'm not so sure it's the macinnis and if dynamic scoring of the gdp growth is difficult to track are expected then all of a sudden it would be an immediate tax hike coming in. that's how he's looking at it. i'm not so sure it's a coup by a moment. >> well, i'm not enamored with that provision myself. you are looking at the glass half empty rather than half-full. you need to look at it from all the economists if you look at the history of tax cut and when the students get in place, the size and scope of the one we talk about here, some record-breaking growth i believe. >> my macinnis and my macinnis in a few places to be accurate. >> i'm not a big fan of it. to me it's not a dealbreaker. the grow through experience, then this will be some folks who are empowering and allowing the middle class to keep their money to be able to grow our economy. if you listen to the president than this whole thing of all the discussions are about growing the economy and we can grow a lot of our problems that have been occurring the last several years. drain to the trickery that goss and the corcoran board and lankford and ron johnson did vote to get this bill out of committee yesterday, i just want to add, it is a non-dramatic increase on the american people in six years. what if we are in recession, fellas? in the bill is already written that way because they expire in 10 years. again, much to do about nothing for corker to make some kind of standard is a budget hawk. step up with some legislation to deal with social security again. this is against political posturing. >> i don't disagree with you. if you watch the senate operate, this is what they do. they withhold votes because they have a piece than a bill that they do not like at a particular, particular provision. but it is about the political posturing of being able to make that the little better and sometimes it is being better. that's the process we go through here. not necessarily prettier grade, everyone talks about make and sausage when you talk about the way we do it. it's a situation where that the normal process of how we go through it. i don't think it is something that hurts the process. we all understand it here. that is what is important to realize we get tsn figure out how to get to know. this is the kind of mindset that will get across the finish line. maria: what can the president really do. but can the president do to move the needle in getting the public to understand the details of this plan? >> they continue to push the next layman misconceptions out there that some of the fake news is putting out there, some of the democrat talking points to try to scare people into believing this is not a good deal. tommy the present tax system is a good deal for everybody. so let's look at how we can fix it. is it a perfect bill? no. there's never going to be a perfect bill, but this gets really close from the standpoint this will drive in economic growth for individuals, 73% of this bill is structured for people under $200,000. they will receive most of the money on the individual side of this bill. this will be driving the money to those folks who spend the money and enable us to spend the economy. maria: that's really the bulk of the plane. congressman condit thank you so much. you make great insights. >> my pleasure, maria. transit police in tampa have the police in custody they believe is behind the killings the past two months. stay with us. the opportunities aren't always obvious. sometimes they just drop in. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. maria: welcome back. neighborhood in tampa, florida breathing a sigh of relief now that a suspected killer off the streets. cheryl casone with the details. good morning. cheryl: good morning, maria. a man arrested. and mcdonald's where he worked to his boss called police after after -- donaldson will face murder charges in all four killings. saudi arabia has released influential royals swept up in the anticorruption crack down. abdullah is now free after being detained weeks ago. officials say he agreed to pay back a billion dollars to settle the charges against him. he is the site of the late king abdullah and was considered a contender for the throne just a few years ago. federal reserve chair janet yellen had been transacted at congress on the economy. this could be her last appearance before her term ends in february. president trump's choice to replace her as on the hill yesterday. jerome hill answering questions they going to the senate banking committee that he will support the policies of the current chair. some bank regulations also with another rate hike next month. >> anticipate we'll be raising rates in december. >> the conditions are supportive of doing that, but we generally have a rule. it's a communications role that we are not supposed to be saying exactly what we are going to do before we listen to one another's views. transfer the possibility of a rate hike to listen to the rally yesterday in some of the big financial companies yesterday. automation could reportedly destroy as many as 73 million u.s. jobs by 2030. this is from a report that a lot of the job last could be offset from rising productivity and growth in the massive economic overhaul is going to be difficult. the report finding 375 million people may need to learn new skills to fill all of these new automated jobs as well. does your headlines. maria: thank you so much. machines taking over. bitcoin pushing the crypto current cpap. how high will it go? we'll take a look at the loggia casino robbed in the middle of the day. i see none of the movie complete with a real-life actor sitting by when it all went down. we will tell you all about it. stay with us. anything worth pursuing hard work and a plan. at baird, we approach your wealth management strategy the same way to create a financial plan built to last from generation to generation. we'll listen. we'll talk. we'll plan. baird. maria: welcome back. shares a subpar sword for the first time ever. lauren simonetti with the details now. so many people and yet here we are. 10,000 is a psychological barrier. 2017 is clearly the year of bitcoin. black friday weekend is really what brought us up to 10,000 because expedia, ebay, microsoft, overstock. more folks actually pay with it. you have more hedge funds, more big skinning and. we are talking about it more all over the media. within 900% return you have to wonder if this is a bubble, does that spell trouble? kenneth bell money in the future? maria: yesterday shopping over the thanksgiving holiday in west hampton, new york, there is a sign of the joy they said we accept bitcoin. as the first time i'd seen that in a retail environment. >> we were just talking. mind you, i stole my wallet carry my check book. i pay with checks and you're showing me on your phone how you can just buy and pay with bitcoin. >> bobbitt named maria word saying i'm a complete naysayer and i was crypto currents and i now believe it's a real asset to the .1 of these small companies he founded a few years ago i signed the company into a pre-ico. we don't know what the coin is actually worth today, so i can't tell you if it's worth 1 dollar. what i am hearing is supposed equifax, more people are getting nervous dealing with credit cards and bank's and on the commerce side in some ways it a no-brainer. if this is validated through block chain, the idea of being able to buy things about credit card fees and bank fees and all the personal stuff, for these wealthy gamelan meals, >> speaking of millennial scummy kiddie perry on instagram three hours ago posted this picture of herself with warren buffett and she writes no big deal, asking warren buffett his thoughts on crypto current day. bitcoin is getting mainstream. maria: no evidence so turned on the opportunity to be photographed with a woman significantly younger than him. >> you a nine-year age deficit here. here's a guy said uncle bob, what you think of it? he said get you said get out of it, it's phony. so he's reminded, hey uncle bob amis should've taken my tip on this thing. i have this same phobia about it. i do pay online at the fourth good i don't carry a check book, or what backs a bitcoin? >> what's interesting is that not the specialist. >> the whole idea is really its not a currency and so they called this thing going. if you look at this as an asset class. an inflationary asset class meaning raising rates, but meaning that those people willing to buy or sell, the prices will go up or down. what's different is each of these clients have a finite amount that they are mining. it may or may not be a bubble. >> it is because these exchanges are starting to validated. the truth is whether we like it or not, cma will start doing it with features and start likely trading that. dagen: if i be a perfectly legitimate currency down the road, but these are perfectly legitimate businesses wildly overvalued and the bubble blew out. >> i'm talking about crypto currencies. maria: interesting to see stores are expecting it. speaking of coins, bob gardella decommission the talk about general lack track? ge has been a disappointment. rough year for a stack down 50%. second time since the great depression early this month. downgraded ge and ge capital. minus with a negative outlook. what is your take? >> for those of us who have spent 30 years working, i would say this is heartbreaking to a lot of us to see the value deterioration, 450 billion thrown away. selling off a piece of the conglomerate year after year, you sell nbc before you go into an election, which is usually abounds here for advertising, care bread does the earnings. you sell off a piece to generate enough cash to meet the dividend requirement, let alone the pension program which is 50% unfunded. i think john has -- maria: john flannery. >> john flannery the ceo. >> is 18 board members. who would've been great if they have industrial experience in so i see they'll change that out and. stuart. i wish them the very best. a lot of blood sweat and i don't think it's against conglomerates. if you know how the run -- maria: honeywell has soar, by the way. >> you can certainly make it a profitable business and heartbreaking and disappointing. maria: it is. i know would you buy at this level? >> i would not to be honest with you. i think it's got more down than up right now. >> i bought it at 18.80. everyone tells me i should have bought bitcoin instead. maria: lauren thank you so much. lauren simonetti. florida's citrus industry battles back after hurricane himma, farmers are now heading to washington to ask for help. dhl wants to set up game with semielectric trucks, busy wednesday. over time, making things even more challenging. but there are advances that have led to treatment options that can help. if someone you love has parkinson's and is experiencing hallucinations or delusions, talk to your parkinson's specialist. because there's more to parkinson's. my visitors should be the ones i want to see. learn more at moretoparkinsons.com maria: welcome back, good wednesday morning, everybody, thank you so much for joining us. happy wednesday. i'm maria bartiromo and it is wednesday november 29th, top stories right now 6:30 a.m. on the east coast. long road to recovery. orange growers in florida fighting for aid this morning after hurricane irma devastated crops. we will talk to one affected farmers and what it means to prices when you head to the grocery store. details on the new ad hitting the air waves mandated by the court. backlash over star wars battle front 2. >> everything we've got. maria: electronic art seeing the dark side as investors react to players concerns over pay to win. tesla getting another customer, dhl ordering ten trucks but questions remain about the vehicle's range. new feature that allows to draw on each other's photos, how it works coming up. markets in rally mode. we are at the highs of the morning on top of a triple-digit move yesterdayment dow industrials set to open 75 points, a third of a percent. s&p and nasdaq also higher to investors react to what they see positive signs out of washington on tax reform. in europe this morning, major indices look like this. pretty much mostly higher with the ftse pulling back two-thirds of a percent but cac quarante in paris up two-thirds and dax up half percent in germany. shanghai and nikkei up, hang seng and kospi lower. top story half an hour now. lasting impact of florida irma, citrus industry still suffering, the hurricane hit every citrus-producing county in the state costing $750 million in damages. its consumers, though, who could feel the squeeze, jumped 25% in the wake of the hurricane, now farmers and member of the florida delegation are heading to capitol hill to demand disaster relief. joining us florida congressman and ellis hunt. before i get to you, congressman, let's talk about, ellis, how dire is the situation for farmers, ellis, characterize for us. >> my family started in 1922, five years away from 100th anniversary celebration and we have 200 employees. i'm a third generation citrus growers, we have fifth generation and this is so much bigger than any individual grower. this goes out to the community in the heartland of florida, all of the employees that are wondering when they are coming back to work and it's been a very devastating blow to the industry right now. maria: congressman, what can washington can do? >> commit leadership and desperate need for 750 million relieve package and we have been doing it for other industries, we have been doing it for other constituencies through the country. my county was a citrus capital of the world, the last thing we want to do is be dependent on foreign sources for agriculture products. we need to be able to come forward and bridge the gap so growers have a chance to replant. we have the lowest crop estimate in nearly 70 years. they were poised to have a rebound but -- because of greening and some other issues this was going to be the best year in probably ten years and then irma comes along. look, this is where help is needed. jobs, the economy in florida is relying on this. the second economic driver in the state, hopefully the delegation would be cohesive and see that the aid package comes through to florida growers. >> mr. hunt, bob, hopefully you will get the funding that you're asking for and that will help in the short-term relative to job and reemployment, but you're the expert given the length of time necessary to fertilize plant and harvest the crops. we are going to face a tremendous shortage, are we going to face a tremendous shortage with orange commodity in short-term as a result of irma? >> you know, it's still unfolding, the damage right now, but citrus trees can respond and come back with good care, the problem is most citrus growers had just spent $2,000 per acre and irma blew the money off the trees. we need the cash in order to continue to apply fertilizers and irrigation and everything they need, all the inputs to come back with that crop. so that's where this emergency relief is so critical to give all the citrus growers the cash in hand that they would immediately put right back in to grow. this money is going to go right back to fertilizer because we will not have a positive cash flow as a result of the fruit on the ground, but we can come back quickly with the best orange juice in the world provided we go -- get the help we need. >> robert, good to see you. i'm not all familiar when it's nonfema driven. is this part of line item or one-off approval? >> this is one-off approval. we have to make sure that the leadership puts in relief package and expect to vote on within the next two weeks. one-time appropriation. we did this in 2004 following the success of hurricane that is came to florida, it worked to them, made a bridge, return on investment with the federal government which was very good and not only sustained growers but helped them overcome the worst natural disasters of hurricanes in florida. we desperately again as cohesive delegation asking that this be done in the next couple of weeks. growers need it. maria: but this is one of those examples things that you can't control and you can't control, you just approved a budget $47 trillion not a lot of spending cults and you have to deal with situations that happened like this, where does the money come from? >> we would love to have an offset for all the billions of dollars we spend in relief. i firmly we believe we need to have line item for appropriation for natural disasters. we don't anticipate natural disasters, every state has one whether it'd be hurricane, wild fire, tornado, whatever. we need to start being proactive but we can't right now and say because we didn't let's just let the industry go. what precedent do we set out there specially agriculture. >> if i can jump in. when you think about florida you think about citrus and oranges, when you get 10 to 15 miles off the coast, the interior of the state is agriculture, agriculture supports all small towns up and down the states and the thousand jobs, 46 plus thousand jobs, that's where the payoff come back. we can get these people back to work, the economic vitality of all the little town wills come back. we let the citrus industry grow, you will see a much larger problem. it is critical. maria: you might see influx of people from new york, new jersey and california as well coming your way after this tax package passes, do you think that happens, congressman? >> i think it's already happening. florida is a great state to live w we have incredible economic opportunities, low-cost of living, but we want you to come down and enjoy orange juice and other agriculture products as well. maria: massachusetts, dennis ross and ellis hunt. the gaming company stops after controversy over paid to win plan to battle front game. one up snapchat but you might want to be careful with this one. we will tell you about it. maria: welcome back, futures pointing to another rally at the opening of trading this morning. check out this market. it will not quit, up 80 points, the high of the morning on top of 200-plus move yesterday, dow industrials sitting at 23,891, a couple of names we are watching this morning, hold onto popcorn, british movie theater is if talks to acquire regal entertainment. a company that could better compete with amc. shares up 3 and a half percent on the news of proposal. share of confidence to tesla, dhl ordering semitrucks, the german transportation giant plan to go use electric trucks for same-day customer deliveries and testing vehicles on longer runs. tesla shares are up a fraction on premarket. we are not talking about a plot to a new movie, it actually happened, cheryl casone with the details, cheryl. cheryl: like a scene out of the movie the way it down, las vegas police pr searching for armed robber who held up the poker cage inside belagio, walked in the casino with gun and demanded money and took off. police have found the robber's car, silver chevrolet cruise and looking for clues inside the car. james wood happened to be playing pocker about 30 feet from the crime when it happened, he tweeted belagio staff were fantastic and surrendered the money quietly, nobody realized it was happening. excellent staff, cool under pressure. no word on how much money was stolen. what we should say that the belagio was the sight of one of the most fictional heist movie ocean's 11 it was robbing the bellagio. another headline, $3 billion in stock value falling uproar over star wars, ea released game but many gamers said the company unfairly makes them spend more money for content this should be part of the initial 10-dollar game price. the fee payment system temporarily pulled by ea prior to the game's launch, remains unclear when it will return to the game. okay, instagram has a new feature called instagram remix, it let's you doodle on photos sent to you by friends and you send it back to you, recent additions on story featured which has been popular, latest update could indicate bolster instagram direct messaging service. the parent company facebook in the premarket. google is fixing one to have big mistake cheeseburger, a fan criticized after they placed the cheese under the patty on the bottom because you don't do that. part of android 8.1, update on its way. maria: i'm glad we figured that out. [laughter] maria: thank you so much, cheryl. >> north korea missile and cheese under the burger. maria: new ads about the dangers of tobacco hitting air waves, dangerous risks of frequent flights, back in a moment i no longer live with the uncertainties of hep c. wondering, what if? i let go of all those feelings. because i am cured with harvoni. harvoni is a revolutionary treatment for the most common type of chronic hepatitis c. it's been prescribed to more than a quarter million people. and is proven to cure up to 99% of patients who have had no prior treatment with 12 weeks. certain patients can be cured with just 8 weeks of harvoni. before starting harvoni, your doctor will test to see if you've ever had hepatitis b, which may flare up and cause serious liver problems during and after harvoni treatment. tell your doctor if you've ever had hepatitis b, a liver transplant, other liver or kidney problems, hiv or any other medical conditions and about all the medicines you take including herbal supplements. taking amiodarone with harvoni can cause a serious slowing of your heart rate. common side effects of harvoni include tiredness, headache and weakness. ready to let go of hep c? ask your hep c specialist about harvoni. >> this is where i live. when i run my car, the system prompt it is desk clerk to greet me with this exact statement. >> pleasure to see you. >> the friendly touches that keep my world in orbit. maria: remember that film, up in the air, could traveling actually be unhealthy. according to doctors at cbc at travel medicine, those who travel frequently from work are more likely to suffer from health problems, insomnia to weight gain. dr. mike, good morning, dr. mike. >> good morning. maria: you go on planes, lots of people around, lots of germs, you don't know who is sick, it makes sense that people who travel a lot are going to get sick. >> this is very true. we have a lot of research focusing on getting virus, bacteria, food-borne illness, we don't have a lot of research on chronic disease because when we travel we are eating junk food because we are landing late at night and jet lag so we are not sleeping well, my usual trainer isn't him or gym isn't here, i will skip workout. if we mess those up, it's going to crash immune system, get sick more often and predispose ourselves so chronic illnesses like hypertension, obesity and those are the real killers here. maria: how many hours do you spend on the road? >> 200 nights a year on the road. i have a real personal question. you talk about cpr and issue of heart attacks with men and women traveling. i read an article recently where one of the things you can do is induce cpr yourself through aggressive caffeine, are you familiar with that, they say in between when you feel it coming on and you get aid, you could administer self-cpr? >> the way cpr works it is only used during cardiac arrest, your heart has completely stopped because the benefit of cpr is to basically mimic what the heart does naturally, pumping blood throughout the body. when you're pumping on somebody's chest they are dead and you are doing what the heart cannot do anymore by pumping the blood through the rest of the body. it's not nearly as effective as your heart. 20 to 30% as effective as your heart but in moments where you are going to be without blood supply to brain, kidneys, a few pumps can make a huge difference and i have never heard of self-cpr because you would have to be dead in order to be giving yourself -- >> if it's coming on do aggressive coughing to stimulate your brain. >> i have not heard about that. maria: what can you do, anything you can do to stay healthy while traveling? >> absolutely. a lot of impetus has been put on the companies to change policies to upgrade workers who are flying some of these crazy hours and days of the year, but the problem is companies can't be the sole proprietor of this issue. it has to be an individual thing, if you know you're stressed and not eating well and sleeping well, you to take control here, yes, you can eat burger when you land at local hotel but also a salad option, don't just say, this is the only thing available, there's always another alternative, always a way to get sleep in. i know you're a fan of snaps. maria: i am. >> that will give you a boost. it's about being smart. dagen: blood clotting is a huge problem. >> stay mobile. maria: compression stocks. dr. mike, thank you so much. we have breaking news right now. new york times is reporting that matt leur at nbc news has been fired for misconduct. we are getting new information here. what else do we have, what is the new new york times reporting with regard to the today show and matt laer which is one of golden boys at nbc, major money maker in today show and matt lauer has been fired over inappropriate workplace behavior. this is from the new york times, the report just coming on the wires, back in a minute we cut the price of trades to give investors even more value. and at $4.95, you can trade with a clear advantage. fidelity, where smarter investors will always be. and at $4.95, you can trade with a clear advantage. i can do more to lower my a1c. and i can do it with what's already within me. because my body can still make its own insulin. and once-weekly trulicity activates my body to release it. trulicity is not insulin. it comes in a once-weekly, truly easy-to-use pen. it works 24/7, and you don't have to see or handle a needle. trulicity is a once-weekly injectable medicine to improve blood sugar in adults with type 2 diabetes when used with diet and exercise. it should not be the first medicine to treat diabetes or for people with type 1 diabetes or diabetic ketoacidosis. do not take trulicity if you have a personal or family history of medullary thyroid cancer, if you have multiple endocrine neoplasia syndrome type 2, or if you're allergic to trulicity. stop trulicity and call your doctor right away if you have a lump or swelling in your neck, severe stomach pain, or symptoms like itching, rash, or trouble breathing. serious side effects may include pancreatitis. taking trulicity with a sulfonylurea or insulin increases your risk for low blood sugar. common side effects include nausea, diarrhea, vomiting, decreased appetite, and indigestion. some side effects can lead to dehydration, which may worsen kidney problems. i choose once-weekly trulicity to activate my within. if you need help lowering your a1c and blood sugar, activate your within. ask your doctor about once-weekly trulicity. maria map welcome back, happy wednesday, thank you so much for joining us. i'm maria bartiromo, it is wednesday november 29th, top stories right now 7:00 a.m. on the east coast. breaking news right now new york times reporting that matt lauer fired for inappropriate behavior. jim at the new york times tweeted nbc news andrew, says there was complaint from colleague about inappropriate sexual behavior in the workplace by matt lauer, we will bring you the details as they hit the tape. we are following this and we will bring you more, it is right now just coming from the new york times. meanwhile a historic threat, north korea has filed another missile, this one flying further than any previous test landing in japanese waters overnight. hermit kingdom has the ability to strike the united states. president trump slammed the launch saying the u.s. will take care of it. more on latest acts of aggression from north korea. battle of tax reform heating up. final dais here, president trump slammed democratic leaders yesterday for refusal to show up to negotiating table ahead of a plan vote on the senate floor tomorrow. >> chuck schumer and nancy pelosi did not show up for our meeting today. i'm not really that surprised. we have a lot of differences. they want tax increases and we want major tax decreases, so they decided not to show up. they've been all talk and they've been no action and now it's even worse. maria: what commander in chief l travel to missouri, fox business taking you live with the president and we will bring you live coverage of the event 3:30 p.m. eastern, join us for the live picture and conference from the president in st. charles. futures indicating a rally. heck out the market that will not quit. dow industrials up another 75 points right now, pretty much near the highs of the morning. s&p and the nasdaq also higher. in europe this morning major indices higher with the exception of ftse in london, cac quarante and dax pretty strong this morning. in asia fractional moves, nikkei up as shanghai composite in china. monica lewinsky and calling out the network. including our minds, how his company plans to separate the social from the media going forward. the king leaves the court, lebron james ejected from a game for the first time in his career, the foul that got his tossed coming up. talk about a bun in the oven, domino wills come out with a new product and we will get that to you, all that this morning, stay with us on that. we want to get to breaking news of the morning right now and, of course, "the new york times" is reporting that matt lauer has been fired. this is a treat from jim, nbc matt lauer fired, inappropriate workplace behavior, there was complaint from colleague about inappropriate sexual behavior in the workplace by matt lauer. this is all we have right now. from the new york times this morning just hitting the tape. i want to bring in former white house press secretary sean spicer. >> you bet, good morning, maria. maria: harvey weinstein and then and then and then and this morning we have news on matt lauer, we don't have a lot of information, sean, we know that matt lauer has been fired from nbc news for inappropriate behavior, what is going on? >> well, i think considering matt lauer stature within news media, this is a huge deal because it really shows that there's a fundamental paradigm shift on how the issues are going to be handled and the tolerance level for inappropriate behavior is continuing to become a place where men in particular in this case have to be very careful and i think that the idea of nbc news in particular is taking this seriously shows how big of a deal it's become. you remember initially they were the -- they were the outlet that had the harvey weinstein story and then story circulated that they did everything they could to not air the story and had correspondent go to another publication to put it out. for nbc news to take this drastic step with one of the principled anchors of nbc shows how serious this issue has become not just at nbc news but throughout our country. maria: you're absolutely right and now, i guess, it's triggering more people to come out, more people to say, look, this happened to me and me too and that's a good thing because women or anyone who has been assaulted or the victim of misconduct, they're no longer afraid, sean. >> no, that's right. i think that's why -- maria: that's good. >> when you see big people like harvey weinstein in is that industry, when you see matt laer or al franken or conyers, large giants, if you will, within respected industries and in some cases beyond industry fall, i think, that it is a positive sign for women to say you don't have to fear any longer and you can speak up when something is inappropriate, over the line and you feel uncomfortable because you're trying to do your job or advance yourself in your career. maria: we don't have the details, but apparently staff -- a staffer had made a complain, nbc has confirmed this. nbc, today show confirmed that matt lauer has been fired for inappropriate workplace behavior. we will likely find more details about this. what do you want to say in terms of what's happening in hollywood, sean, because it feels like, you know, when you look at what happened with harvey weinstein, when you look at others, kevin spacey, a lot of the stuff was going on and everybody knew about it and, you know, you set yourself -- now you're telling me and now you're coming forward and you're denouncing harvey weinstein, but how many years were you complicit and allowed this to go on? >> right, i actually think -- one one of the things that's overlooked in the discussion because we focus on individual, how many women's careers did not blossom or switched industries because of the workplace environment that they were in and i think that's really interesting, how many careers didn't take off, how many careers were, you know, capt, if you will, because somebody felt that they couldn't speak out in the environment and i think that that is sort of the lost piece of this discussion, that there's so many things that could have happened if the things had been addressed earlier. particularly the left-leaning liberal institutions, nbc news, all of hollywood in recognizing that the folks on the hard left need to take a look in particular at their own behavior and the way they treat women for the champions that they claim to be and i think we all need to do it as a country. this isn't isolated into one thing. for folks that have spent decades preaching the higher ground it's time that we look at how people are dealt with, i think this is a very positive development that people whether they are male or female or how high they are on pole, they can feel freer to speak out. maria: maybe they can stop lecturing the rest of us. you mentioned the left, let's be fair here, there are issues right now on the right, you have roy moore in a problem of his own and, of course, last year during the elections there were several women who accused president trump, then candidate trump of misconduct, where does that stand right now, by the way, sean? have we heard from those 16 women recently, the people who charged then candidate trump with misconduct during the election? >> i don't know. i have not heard anything additionally in the last several months. maria: is this different. how might this be different? >> well, i think the only thing that makes -- first of all, i would say that all allegations should be treated seriously. we can't dismiss people who make those but i also believe that we need to make sure that we do give people, due process and individuals need to make sure that they have an opportunity to confront accusers as in any court, as in any accusation that is made under our judicial system. so, i mean, we have to take a look at the individuals but then we have a system of due process and make sure that people can't just be accused and be dismissed and so i think there's a difference between a workplace environment and a legal matter, so in a workplace matter, that is up to the hr department to decide whether or not within the confines of those employment agreements somebody is -- is violating the standards and practices that they have set forth in employment and some of the private organizations whether it's nbc news or the weinstein companies or what have you, that's one thing. i think in cases where you have an elected official, in some cases depending on what level of government it is, appropriate venues that that can be discussed and in the case of house and senate, there's a house and senate ethics committee but ultimately beyond those venues, there's obviously voters, you get to make a decision whether or not allegations that they feel have been made -- they have to weigh those in terms of how they are going to vote for a particular individual. so it's not as clear-cut in the cases of elected officials in the sense that in a private company just a matter of employment can be dealt with at the hr, then if that individual wants to look at cefl activity, that's their ability to pursue that or criminal charges beyond that. maria: i want to find out really what this is going to mean in terms of hiring, how the workplace changes, but first, as i mentioned earlier, sean, the today show has confirmed that matt lauer has been firearmed from nbc for inappropriate workplace behavior. here is savannah this morning on the today show. thereon this. >> for the moment all we can say is that we are heartbroken. i'm heartbroken for matt, he's my dear friend and my partner and he's loved by many people here and i'm heart brean for the brave colleague who came forward to tell her story and any other women who have their own stories to tell. maria: that was savannah this morning, saying she's heartbroken but the complaints got matt lauer fired, because of his behavior. >> obviously we don't have details. whether nbc or private entity have to look at standards and practices and whether or not they feel that the accusations -- in some cases the bar maybe a lot lower and say, any allegation or any inappropriate claim that can be verified is going to be dismissed. each one of these organizations needs to look within their own organization, whether it's the new york times, nbc news, the wine seen company and say does the accusation have merit, does the complaint, you know, cause us concern. has the employee, you know, what level does it rise to. there's a lot of factors that go into that. each entity has to make a decision as to what's in their company, what violates their company's standards and practices. maria: sean as former communications director for the white house, obviously you've been around communications your entire career having been in the gop for so long, what would be your advice right now as a communication specialist in terms of dealing dealing with te kinds of stories, matt lauer fired, obviously the leader of the network when it comes to news. >> there's a couple of things, number one, each complaint needs to be thoroughly investigate today figure out what level it rises to, does that merit, we want to make sure that every person that is accused of anything has the opportunity of due process. that they can't just be accused of something and dismiss without being able to plead their case or understand the facts against them but secondly, and i think more importantly, we have to look at the culture of every institution, there needs to be proper training and proper and clear guidelines as to the standards that every institution is going to set as far as what's expected of employees, male, female, old and young, certain behavior that's acceptable and unacceptable and we need to retrain workforce and go through and do this. i know that several institutions and several industries have start today really get on the forefront of this, it needs to be greater. i think that there's -- in some cases we can blame this on culture, we can blame it on generational differences but at the end of the day, those don't excuse that behavior. and so, you know, again, sometimes it helps us understand it but it doesn't excuse it and i think what we need to do is to make sure that companies understand that -- that you can call it what you will, cultural shifts, generational shifts, full stop, we need to be training everyone in particular company, workforce, industry and giving them the proper tools to say, hey, i know this term, this action might have been acceptable or overlooked in the past, but it's not going to be anymore. maria: all right, we will sheave it -- leave it there. thank you sean spicer, once again the breaking news matt lauer has been fired for inappropriate workplace behavior. we will be right back. maria: welcome back, well, the breaking news of the morning, nbc news has fired matt lauer for inappropriate workplace behavior. cheryl casone with more details. cheryl: we are getting more details. nbc news chairman andy making the announcement, he released the statement, anchors for today show specially cohost savannah getting emotional reading the statement. >> this is a sad morning at today and nbc news, just moments ago nbc news chairman sent following note to our organization, dear colleagues on monday night we received a detailed complaint from colleague about inappropriate sexual behavior in the workplace by matt lauer, represented after serious review clear violation of company standards, as a result we have decided to terminate his employment. it's the first complaint about his behavior in over 20 years he has been at nbc news, we were also presented with reasons to believe this may not have been an isolatedded incident. to ensure that any actions that run counter to core values are met with consequences no matter who the offender. we are deeply saddened by this turn of events but we will face it together as a news organization and do it in a transparent manner as we can. that is the statement from our chairman andy and we learned this moments ago, just this morning as i'm sure we can imagine, we are devastated and we are still processing all of it and i will tell you right now we do not know more than what i shared with you, we will be covering the story as reporters, as journalists, i'm sure we will be learning more details in hours and days to come and we promise we will share that with you. cheryl: the president has tweeted on the news that's breaking, here is what he said, wow, matt lauer just fired from nbc for inappropriate misbehavior when the top executives will be fired for putting out fake news, check out andy lack's past, that coming from president. obviously we are also watching some other news this morning, there's a desperate search underway for a missing 3-year-old girl in north carolina, the fbi looking for help in identifying a woman and child in this photo captured in wal-mart in connection with the search for maria woods, the girl reported missing early monday morning. we have strong words from snapchat against social media. evan saying the personalized news feed has dramatically change how people share and consume content but let's be honest, this came at huge cost of fact, minds and entire media industry, these are his words, snapchat uses algorithm space on interest and not on interest of friends, he says this helps guard against fake news and unworthy distractions, there is the stock and as you can see over the last six months of ipo, a lot of pressure on the company no. a great performer, we should say. uber keeping driving into the red, reports of the company reported net loss in the third quarter, the financials reported last night to shareholders from soft bank to buy a large block of stock out of discount meanwhile the wall street journal reporting that a former uber employees says the company had a team dedicated to get trade secrets and helping employees dodge regulators, this surfaced before the trial with google parent alphabet which says uber stole trade secrets, that's delayed. maria: did you say the losses at uber 1.6 billion for the quarter. cheryl: yeah, 1.6 billion, soft bank, 30% discount now is being reported because the valuation has dropped in soft bank's mind. maria: how is it possible that a company that is valued the way it's valued loses so much money. >> they are giving the insiders ability to sell at 30% discount which isn't surprise for private stock. that being said, lyft is going one way, it feels like uber maybe going a little bit the other way. >> yeah, and robert, if you have an opportunity to get out before it sinks further, people may grab the opportunity. maria: now i understand, the way you guys put it out. i get it why somebody would sell at 30% discount. a judge ruled in president trump's behavior allowing mick mulvaney to leave the consumer protection fed bureau. that's next. she's nationally recognized for her compassion and care. he spent decades fighting to give families a second chance. but to help others, they first had to protect themselves. i have afib. even for a nurse, it's complicated... and it puts me at higher risk of stroke. that would be devastating. i had to learn all i could to help protect myself. once i got the facts, my doctor and i chose xarelto®. xarelto®... to help keep me protected. once-daily xarelto®, a latest-generation blood thinner... ...significantly lowers the risk of stroke in people with afib not caused by a heart valve problem. it has similar effectiveness to warfarin. xarelto® works differently. warfarin interferes with at least 6 blood-clotting factors. xarelto® is selective, targeting just one critical factor interacting with less of your body's natural blood-clotting function. for afib patients well-managed on warfarin, there is limited information on how xarelto® compares in reducing the risk of stroke. don't stop taking xarelto® without talking to your doctor, as this may increase risk of stroke. while taking, you may bruise more easily, or take longer for bleeding to stop. it may increase your risk of bleeding if you take certain medicines. xarelto® can cause serious, and in rare cases, fatal bleeding. get help right away for unexpected bleeding, unusual bruising, or tingling. if you've had spinal anesthesia, watch for back pain or any nerve or muscle-related signs or symptoms. do not take xarelto® if you have an artificial heart valve or abnormal bleeding. tell your doctor before all planned medical or dental procedures... ...and before starting xarelto®-about any conditions, such as kidney, liver, or bleeding problems. it's important to learn all you can... ...to help protect yourself from a stroke. talk to your doctor about xarelto®. there's more to know™. maria: welcome back, tackling america's infrastructure. the wall street journal is taking a closer look at i-95, busiest highway, report highlights billions of dollars in maintenance expenses but nothing is being done to address the problem. joining me to talk about advisory leader mike parker. mike, good to see you, thanks so much for joining us. >> thanks so much for having me. maria: characterize the situation for us, infrastructure we know, we all drive and we all take bridges, et cetera, and it really is not good. >> so, look, this is our turn to be good stewards, if you step back prior generations made incredible investments in infrastructure from public and private perspectives, the transcontinental railroads, the highways and we got a significant lead over countries because of that but we have been declining and haven't been reinvesting and rebuilding and reimagining what our infrastructure can be. dagen: is part of the problem, because i've pointed this, people want better infrastructure, they want infrastructure improvements but they don't want to be the ones to pay for it through increased gasoline taxes, although state -- state gas taxes have gone up across the country in recent years, the national gas tax has not gone up since '93, declining source of revenue because vehicles are more fuel efficient, it's not adjusted to inflation and literally the highway trust fund taken from general revenue income tax payers are covering, how is that fair or fix that? >> at this point about 70% of public spending in the u.s. is state and local on infrastructure at this point 30% federal, federal shares have been declining and so i think one of the things that you said that's really important, though, is that the public has been speaking locally and not just in red state or blue state perspective, tennessee, georgia, these are stated that voted to increase gas taxes but also los angeles metro, seattle, la just passed $100 billion of new fund to go build transit and to address what's been systematic transportation issues there. >> mike, we've had infrastructure bills in the past or the last eight years, ready jobs and found they weren't shovel ready, let's assume everybody votes in favor of this thing, the execution is big problem number one and number two, repatriation of funds, that maybe 25% would go to infrastructure, dagen, as a way to help stimulate and support this, what should we be looking for, what are the right questions? >> first of all take two steps. you're absolutely right, one of the right questions is we actually fund infrastructure, can we be sure that new investments target today worthwhile projects and projects are completed on time and they perform as we expect. i think it's also important question whether we are looking at repatriation or banks or anything else that will these policies change who or how we are funding infrastructure would actually lead to net increase in how much we are invest in infrastructure. >> from my perspective, if we have contracts that more closely pay for performance. if i'm buying power, like a kilowatt of energy or how to build a power plant. too often we are telling people how to build something instead of saying what we want and paying for performance. >> two comments because i'm supportive on what you're saying, the private sector would like to plow money into this. i have testified in front of the bank and gotten nowhere. the second thing is a few years ago, everyone was supportive of this thing, when you're putting fiber of the street actually fix the street at the same time. the idea that we could not get that passed tells you something the wrong. >> georgia was a perfect example where we had collapse on a major highway. it went to a private contractor who had a bonus and it was finished in remarkable time with quality. so i think the key here to your point is we have to get people that are responsible and accountable for these large amounts of money. maria: for sure. >> this is absolutely the case. i think the public too often has perhaps seen that we may have certain goals and we haven't met them when they made commitments in the past. creating approaches is important. really important question, you're asking about shovel ready, to think it's a sustained policy, infrastructure can take a long time to have the insight that is bob was talking about, before you dig up the street make sure you're fixing it once, if you're doing that and six months and a year you may drive up materials' costs and not do the project that you need to do. maria: you have to roll back some of the red tape and takes forever to get anything done because of bureaucracies in washington. >> if i want to get into business, i want to do the steel plates here in new york or georgia to cover and six months later come back and fill them, i want to steel plate business. maria: mike, great insight, thank you for joining us. coming up lebron james tossed out, what the basketball said after being ejected from a game for the first time in his career, that's next. ia trip up on the runway, how victoria secret model reacts after falling during fashion show. later this hour. back in a moment ♪ [vo] progress is an unstoppable force. the season of audi sales event is here. audi will cover your first month's lease payment on select models during the season of audi sales event. .. .. >> welcome back happy wednesday. it is wednesday november 29. we're breaking news this morning matt lauer has been fired over inappropriate sexual behavior at nbc news. any lack telling employees in a memo that his alleged actions violated company standards. the cohost sabina guthrie weighed in when the show started this morning. for a moment all we can say is that i am heartbroken. i'm heartbroken for the brave colleague who came forward to tell her story and any other women who have their own story to tell. the very latest development coming up this morning. the backlash. cleared of the most serious charges against them. in a first for lebron james. plus eli manning bench. he won't start as quarterback for the new york giants. something that has not happened since the first term. market this morning a rally. nasdaq s&p 500 also on the green today. sort of a mixed story. it has pulled back. down one half of 1%. in the dax index is up almost 1%. nbc news has fired matt lauer the today show host was reportedly terminated for inappropriate workplace behavior. his cohost reacted on the today show this morning. >> for the moment all we can say is that we are heartbroken. i'm heartbroken for matt he has my dear, dear friend and my partner and he is loved by many people here. i'm heartbroken for the blue brave colleague who came forward to tell her story and any other women who have their own stories to tell. and were grappling with the -- a dilemma that some people this past few weeks. i do know that this bracketing that 70 organizations had been going through is important is long overdue. the change have to happen. inks for joining us. what level of due process is an employee of a private entity entitled to before the bosses decide that. there has to be some basic fairness. an entity with the size of nbc was advised that there has to be some investigation. if to the acid asked the defendant has version and then you can call it. otherwise he has a substantial close of action. the nbc news president in the statement that was put out said while it's a first complaint about his behavior we are also presented with reason to believe that this may not had been an isolated incident. the question now becomes can they take into account complained about and if pursued and if proven would be suspicion to fire him. they can take into account almost in the information that they can gather about it as long as they present it to him. i doubt that this broke last night. it sounds like it's been brewing for a little while. the complaint was made monday night apparently from one staffer i don't know what happened in terms of looking at the past 20 years. he's very highly paid theoretically nbc would know him nothing and they would be exercising an option give it to them under the contract. his lawyers may very will say five ways we can challenge us. we won't challenge any of it if you buy us out. if nbc really wants to make a message to the employees in the world obviously they might say were not buying out at all. i'm surprised at what you both told me. a person is highly compensated. monday night we received a detailed complaint about inappropriate sexual behavior. the basic fairness that your employer was not the government owes you live ethics beyond reproach. i don't think they would ever put the reputation of their family and their company at risk. there also joined by general electric. is a temporary victory. this was a pliny preliminary application. it goes back for a full fledged trial and then there is the right to appeal. the president ought to nominate today whoever he wants to run this entity permanently in the senate should confirm that person and then this will be over with. whatever you think of this bureau is entitled to a full-time director who will were going into a budget process it's hard to believe that the head should also be running the consumer protection program. they didn't end around. on the fact that they created this financial protection bureau in the sense i i'm glad the litigation happened. as frustrating as it has been. did the congress and act some entity immune from the politics and if so is that lawful and constitutional. a drama queen loses her head. eli manning bench. the cornerback well not be plain playing for the first time in over a decade. a victoria's secret model handled her fall on the runway straight ahead. to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. welcome back lebron james did something less think it never done before. jerred max with the story. for the first time in his nba career 1,082 games he got himself kicked out of the game. facing his former team facing his former team lebron given a technical foul. the last time he was not the giant giants starting quarterback. george w. bush was our president. the new york giants ownership shut the head coach of not firing him. they did not afford one of the most public players. 210 consecutive starts and now he gets benched on sunday for gina smith. hang in there to figure it out. it's up there. i will tell you one week at a time. eli deserves much better than that. class player. the former teammate said i'm honestly at a loss for words. i'm truly ticked about what has taken place today. one of the stupidest i have seen in my time been associated with pro sports no loyalty. despite a close game with the winning teams. they drew 10% lower ratings of the last things commence early games. the second game was off at 25% last year. in the redskins giants sleeper was down 19% and then and felt monday night football. 33% drop off. 33% drop off. were you surprised by all of this. the eli manning story the front page of the post today. again, fans are upset driving in this morning listening to local radio. it's not just a sports story. the sky brought us slip -- super bowl's. i think it's even more than that their best chances there best chances of winning our still with eli. one, number two i think half of the teams in the league would take him in a nanosecond. let him go elsewhere then. what i can to do turkey on thanksgiving this year. with all due respect that's it's going on here. it doesn't make sense. they are announcing the passing of hall of famer the decorated world war ii veteran. the winner of multiple mask car titles. how well nascar remember bud. take a moment and take up breath today. he is the oldest surviving push -- person in the hall of fame. it was his team that he ran. along with richard petty. the wood brothers. these four teams really established the foundation. his first championship. with buck baker. and then he went on to win two more championships as car owner. a legend in nascar. a tremendous american patriot to have served our country. we will miss him. what a hero. jared, thank you. an epic fall on the catwalk. remember this how she reacted after slipping on the runway. back in a minute. i accept i don't conquer the mountain like i used to. i even accept i have a higher risk of stroke due to afib, a type of irregular heartbeat not caused by a heart valve problem. but whatever trail i take, i go for my best. so if there's something better than warfarin, i'll go for that too. eliquis. eliquis reduced the risk of stroke better than warfarin, plus had less major bleeding than warfarin. eliquis had both. don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding. while taking eliquis, you may bruise more easily... ...and it may take longer than usual for any bleeding to stop. seek immediate medical care for sudden signs of bleeding, like unusual bruising. eliquis may increase your bleeding risk if you take certain medicines. tell your doctor about all planned medical or dental procedures. i'm still going for my best. and for eliquis ask your doctor about eliquis. ♪ that was a clip from last eight this tory secret fashion show. she is cofounder and vice chair at all hands and hearts. also joined by peter to jeannie. thank you so much for joining us this morning. before we get to that. what was your reaction. it's one of the worst nightmares intercepted :-) go on. sometimes the service is very slippery. i'm sure she was traumatized by it. usually when you smile and go on people just forget it. you know that she was feeling horrible when it happened. congratulations on this charity. we have talked about this before. your charity has merged with all hands volunteers. for the last 12 years i've been looking at the pattern of that natural disasters. and maybe some day comes in to rebuilding homes in schools. it has been happening over and over. they are waiting way too long. we started to see we could much faster. and that's why we merged. we wanted to make sure it's not just about first response but about smarts -- smart response. we are committed to that. we come in early and stay late for rebuilding listening to the communities that they need. after hurricane harvey we came in right away and make a commitment to stay two years. computed these duties that were impacted by natural disasters for them to lose everything. someone will be there to care for them. it's easier to have a skill and make that kind of commitment to be there for two years when you are bigger. as you know they have a charity day every year. on september 11 we lost over 650 employees. and since then he has seen that it is a million dollars. it's really inspirational in and of itself that saturday on 911. said that on 911. it's very close to my heart. i've done it with you as well. and deal with clients knowing that every order you are helping to facilitate are going towards that. all of the partners at the firm's just we love it. we lower -- a door that day. i didn't know petra's story i felt so lucky because i still have family and feeling home to go with. that's why think it's very important everybody has something to give. we can do something to help and they need that care and hope. i think we need to work together better. it's such a good point that you make. thank you for both what you are doing. . maria: welcome back. good wednesday morning everybody thanks to much for joining us this morning. i'm maria bartiromo it is wednesday about november 29 your top stories right now 8:00 a.m. on the east coast. we have breaking news this morning, matt lauer has been fired from nbc over inappropriate sexual behavior nb cnews chairman andy lac.k. told employees alleged actions vialed company standards lauer positioning today show host savannah guthrie weighed in this morning. >> moments ago just this morning as i am sure you can imagine we are devastated we are still processing all of it. and -- i will tell you right now he we do not know more than what i just shared with you but we will be covering the story as reporters as journalists and i'm sure learning more details in hours and as the to come we we promise we will share that with you. maria: president trump tweeted on the news saying this, wow, matt lauer was just fired from nbc for inappropriate sexual behavior in workplace when will top executives are comcast be fired check out andy lack's past coming up this morning. >> future of the federal reserve on deck janet yellen to testify in state of the economy today on capitol hill her vansed testimony reveals expects interest rates to keep raising, as jay powell was questioned by lawmakers yesterday very latest from fed ahead as we have, at the embargoed speech of janet yellen this morning, futures indicating a rally at start of trading as you see the dow industrials to open up 57 points nasdaq, s&p 500 higher, we are awaitinging the second reading on third quarter gdp due out 30 minutes' time we will bring that gdp number fire as soon as it hits as you know the last two quarters 3% fwroth in gdp. in europe, the major indices mostly higher exception of ft 100 down one half of a percent, cac quarante in paris up two-thirds of a percent the dax, is up three-quarters, in asia overnight markets mixed shanghai composite nikkei average higher hang seng kospi lower -- joining me to break it down fox business network dagen mcdowell former ceo home depot ceo bob nardelli, former economic adviser to president obama great to see you now a lot of zblus break-- >> news. maria: breaking news. >> economic data that walls very important, waiting on gdp, and waiting on janet yellen headed to capitol hill today. dagen: i want to point out good news, 17-year high thereabouts on the consumer confidence came out yesterday not all bad news. maria: you've got synchronized global growth story first time in a long time. dagen: 45kins growing at the same time. >> 4% growth people looking for goldman sachs and barclays expecting 4% global growth next year, of course, chairman of the fed testifying on the economy before the congressional joint economic committee,ed a a.m. has a preview. reporter: good morning to you i want to get to what janet yellen is going to say and investors want to pay attention to this first on rate increases says rate currently parse quite low by standards comlooig would not have to rise much further jay powell said yesterday that the case is being made, for a rate increase -- coming together as rate increase in december, goes on the say about asset valuations quote although asset valuations high by historical standards overall vulnerabilities in the financial sector appear moderate as banking system well capitalized broad measures leverage and cte growth contained. >> much same out of fed but laying the groundwork for perhaps another increase and we heard from jay powell yesterday get ready in december, back to you. maria: thank you so much, we turn to breaking news this morning nbc are terminating the today cho anchor matt lauer over sexual harassment allegations in memo the president andy lack says on monday night we received a detailed complaint, from the colleague about inappropriate sexual behavior in workplace by matt lauer it is the first complaint about behavior over 20 years he has been at nbc news we were presented with reason to believe this may not have been isolated incident, about -- sexual harassment allegations continues to rock hollywood capitol hill, joining us right now from washington, pence senator pat toomey thanks so much for young us. >> thanks for having me. >> reaction to the news? >> you know, it is two things, maria to be hons, on one level, it is just appalling that we have so many instances of powerful men using position of power, to intimidate coerce are a exploit harass, women who are in their workplace on the other hand i am glad that women feel they can come forward because this has to end, it is appalling. maria: people want to know what is going on in congress, by the way, about, paying for sexual misconduct with taxpayer money to shut people up what is the story there sir. >> in any case completely unacceptable i had no idea anything occurred i don't know how could it occur but to the extent that it does it is completely unacceptable has to end so we've got to foith how this is done so we can prevent from it happening. maria: your working on ways to end that that you will not be using taxpayer money to shut people down, for speaking about sexual misconduct. >> i will be happy to vigorously support making it impossible for somebody to use taxpayer money for purposes like that. >> speaking of taxpayer money we got to get to tax story, a sense of where this stands right now in terms of getting a bill, to the floor, for a vote this week? >> we had a big step forward yesterday. as you know, the budget committee passed our measure this is a necessary step to bringing this to the floor. we can do that. i think today as early as today we might very well have a procedural vote will allow us to begin consideration on the senate floor of the bill, as you may know under the senate rules it will be open to unlimited amendment we expect that there will be many amendments constructive and some to tear the bill down we will have to deal with them, but i think we are on a path, to getting this done. we've been meeting very long marathon meetings with folks who raised genuine concerns that they have on our side, i think we are finding ways to address those concerns so i think we are going to get there. maria: okay o so you are going to get there what the cost we have been talking this morning about trigger that was implemented or put into this bill, as a result of what bob corker wanted dagen something we were complaining about basically says that tax rates are going up in six years if you don't see kind of growth that you are predicting isn't that right. >> as you pointing out maria there are tryingers we are talking about individual tax cuts go away, 2025, there is a 10-year window on this, and six years out, if you have a tax increase, put in place to appease mix of bob corker congressman what if the economy is in a recession and that is the reason revenue declines? would you vote for something that has this tax increase trigger in it? >> so the bill that came out of the senate finance committee when i sit did not have triggers i don't like the idea of putting in triggers basin revenue i like the idea of passing legacy so we have a provision, that we are going to work out the details, it will take a look six years from now, and determine whether or not we are at the revenue projections we are making today based on current policy of the federal government, i certainly hope and i believe we will be exceeding those revenue levels in which case no change happens, this, however, the revenue is below the target, then we will have to implement at that point seven years from now some kind of tax increase that will generate a certain amount of revenue over next 10 years, i don't think this is optimal but look there is lots in this bill that i don't think is optimal getting the corporate rate 20%, fixing international system, a big discount for pass-throughs, lowering rates for middle income folks there is awful lot that is good in the bill. >> senator. >> go ahead bob. >> thank you, moving i really to the left side here just two questions i would be curious where you stand. where do you stand on the chip program? and where do you stand on daca? are you supportive of -- proceeding on the children's insurance program as well as the dreamer's act. >> i think there is overwhelming support. we will restore chip at some point fortune i think the -- most states i think the clock runs out january sometime i think it will probably happen in december. on daca i think a little bit complicate i think other aspects that we ought to deal with. when if we are going to which i suspect we will i think all feel sympathetic to folks who are brought to this country as young children for instance. but if you do grant a legal status to those folks when many of us could support you have to acknowledge it also encourages other people to do likewise to bring their undocumented kids could invite a flood of new illegal immigration we should deal with some of the -- the consequences of that. and i think it should all be dealt with in a package. >> senator, bob nardelli here i am encouraged with positive side of what you have talked about, relative to new tax bill i think very encouraging certainly will help stimulate the economy. and going to require a vote on party lines, for sure. i think you would agree with that. i just don't understand, and i am sure a lot of the public out there, doesn't understand why a senator would throw something in a wrench to try and derail this thing and then is not even going to be in the senate to life to up what he proposed. >> well, i -- okay i think you are alluding to my colleague senator corker on this, in fairness to senator corker, i think he always wanted to get to yes, i think he always wanted to be able to support this he supports very much pro-growth provisions on the business side. but you know he's got concerns about whether or not we are going to have the revenue that that we are projecting i think you should ask him about how he views that trade-off, in my mind, i think you don't create any uncertainty ylly you have low rates allowing the full expensing of all capital expenditures very pro-growth examiner holding 24r50es out of 52 revenue senators as you appointing out correctly a democrats don't give us votes if stuck at 49 we don't have votes they won't let this happen if we do have votes if we've got 50, 52 votes on senate play for wouldn't be surprised if a few democratically senators join us. >> you've got a lot of pro-growth ideas in corporate said to no doubt about it but where is the pro-growth in the individual side of this? i mean that is what some people are wrangling with senator because the truth is, you are in some areas, raising taxes on people who pay taxes so you got a greatly groerth story on corporate side, on the individual side of the this tax plan a little mezier. >> the veracity coming majority of individual taxpayers families individuals, they are going to see tax cut that is a fact. every single income category h hasing a regret tax reduction will will be outliers yes if upper king i would lower marginal rates more for everybody solve this problem be pro-growth we had laminate how much revenue we could forgo in this exercise, and so we made the best decisions we could. >> understood. >> be fair to work families generate economic growth. maria: two top congressional at a democrats chuck schumer, house minority leader nancy pelosi pulling out of who is a meeting yesterday with president trump president tweeted earlier meeting wouldn't likeable lead to deal to avoid a government percentage shut down, he sat next to two empty chairs with their name cards. >> they decided not to show up, they have been all talk, and they have been no action. and now it is even worse, now it is -- not even talk. so they are not showing up for the meeting. maria: what happened why didn't they show up for the meeting. >> well you have to ask them appears that they may be thinking that politics might be good for them to try to force a government shutdown maybe they would like to do that they have in the past thought they benefit politically you have to ask them that would be one of my concerns. >> good to see you thanks so much. >> thanks fostering me. maria: we appreciate you joining us senator pat toomey there live to president trump's speech on tax reform later day in missouri 3:30 pm eastern do join first to the president in saint charles talking tax reform we are watching chipotle announcing it has begun a search for new ceo chipotle says founder current chairman ceo will become executive chairman, more on that nice coming up as you see, the stock at 285 and change, no change, then, hacking, no hacking required, the glaringly simply security swap for apple allowing anybody to intoing new mac computers, back in a moment ♪ ♪ ♪ tax. . serial killer if tampa, florida behind bars the details. cheryl: that is right, tampa police said they have arrested a man they believe links $20 four killings had community on edge 24-year-old donaldson iii, picked up yesterday at mcdonald's where he worked his boss called police after he handed him a gun to hold while he ran an errand will face murder charges, well, news chipotle searching for a new ceo company just announcing its current chairman ceo founder, will become executive chairman, following completion of search for new ceo board formed a searchk to find new leadership, chipotle trading higher premarket up almost 1 1/2% company had problems including, the e. coli scare. then here is this, apple working on a software update to fix a bog within ma.c. in mass o.c. high sierra allows anyone to log into your computer entering the log name root without password not clear when they release update shares of apple up 50% so far this year so again -- those are haeldz. maria: thank you, cheryl coming up at&t firing back this morning on giant issuing a fiery rebuttal to lawsuit from justice department over merge proposal with time warner details on brewing court a battle next up back in a minute. ♪ [lance] monica, it is absolute chaos out here! gale force winds, accumulations up to 8 inches... ...don't know if you can hear me, but [monica] what's he doing? [lance] can we get a shot of this cold front, right here. winter has arrived. whooo! hahaha [vo] progress is an unstoppable force. brace yourself for the season of audi sales event. audi will cover your first month's lease payment on select models during the season of audi sales event. retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. maria: welcome back, at&t-time warner tinying department of justice fighting over when the antitrust trial to begin after at&t extended decline to complete 85-billion-dollar acquisition to next year. want in april, joining me now is former ceo veer o horizon virals danny strigl good to see what you do you make of the doj attempt to block this megaae merger between at that time at that time and time warner. >> i think it should not have been done they should not attempt to block this comcast nbc universal 2011 detail approved with behavioral agreement side comcast would act certain ways but in this case the department of justice would like a structural agreement it makes no sense to me, if maria if you look at vertical integrations this is one of not two companies that compete coming together has not been my way of thinking i don't know last 40 years department of justice ever blocked a vertical merger. >> i guess one of the things to look at is -- how vertical is it with everything changing the way it is right? is facebook a media company is at&t just a telecom company you've got all these companies trying to get at the same consumer isn't that right. >> they are trying to get at same consumer for video streaming this is the future of telecommunications verizon at&t all trying to do that took apple google trying to do same thing. maria: amazon. >> and amazon. when you look at those giants why does the department of justice single at&t on potentially vertical integration you don't think doj argument is viable you think ultimately two and then as will be allowed to merge. >> i think ultimately they will be allowed to merge, i also think. >> and you are right to bring up comcast there was questions about comcast doj then let that happen. >> i am holding out hope there will be a settlement that will be reached prior to the beginning of this trial. >> not only when does trial begin, right? >> let me ask you what is going on in this industry you've got verizon amazon comcast disney now eyeing the assets of our parent between a 21st century fox for possible purpose could become a strategic giant in deal with fox as well. >> this is the future for wireless communications, at&t sprint, t-mobile verizon all trying to put video media content over wireless devices. so that is where the future is. now, veer zob has purchased aol as we know purchased yahoo! trying to put pieces together, to be able to provide streaming video fighting for same customers. >> you know years ago, when we were all watching the beginning of this, the lines being laid underneath the ground all this expectation that you know we needed all of this, then the flan wasn't there so are we now talking about -- a similar sort of déjà vu moment when we are all expecting all this stuff to happen and streaming yet maybe at the end of the day we don't see it? you remember the 90s. >> i remember i was there, i remember. maria: so was i. >> but look what happened by turn of the century. in the year 2000 this was a huge business starting in 1983 all the way to 2000 it was very slow start but pricing came down, the -- the service became more available, more affordable, and same thing will happen with streaming video. >> today content players are content is king again, the distributes are necessary, with the streaming so who wins in this? >> i -- a very good question i guess we will wait a few years find out the answer to that but as i think about it the slow start to voice wireless was because the infrastructure was not -- back to your point wires towers weren't there verizon at&t have been spending this year at&t going to spend over 20 billion dollars historically and this year, verizon has spent about 17 billion dollars, when you think about the money being spent in this, the infrastructure is there, now it is the let's get the content providers. >> let's not forget what amazon is spending on original content. >> right. maria: amazon they are spending big dollars billions of dollars to create -- have new people creating original content. >> maria this is why the -- the department of justice, suit against at&t in my way of thinking i am sorry it is silly silly. maria: we will be watching that you are not alone in that thinking, obviously good to see you -- >> thanks so much for joining discuss danny strigl there, breaking news matt lauer has been fired over allegations of mismisconduct in the workplace sexual behavior response from coanchors next we are minutes away from second reading third quarter gdp economists expecting growth 3.2% we will have the number right after this break. back in a minute. . maria: welcome back gdp hitting tape we bring the second read on third quarter gdp hitting the wires as you see here we have growth numbers, for the third quarter gdp, of 3 -- better than 3%, 3.3%. third quarter this is better than expected we were expecting 3.2% here we have a 3% quarter once again, dagen this is the second quarter that we are looking at better than 3% growth this is second estimate it could be revised again but better than expected trading on anticipation of a good number getting it. dagen: i think some is better economy begets or creates a better economy lifts people's spirits i pointing out earlier the zmeeconsumers as confident since early 2000 consumer confidence 17-year high incredible job growth low unemployment rate also, every major developed economy in the world is growing in sync this year. >> i think one of the reasons 3% number we keep seeing bob nardelli the fact regulations have been rolled back because you know, companies have been spending so much money on lawyers, and keeping up with the regulatory environment this president rolled back regulations in a big way this year, i think that is the reason you are seeing 3% numbers. >> extremely, extremely positive to corporate america to see that kind of action rollback, in epa, other regulations i think you know, dagen to your point to have another 3 pers plus gdp unemployment down i would certainly expect entitlement expenditures go down should help on tax reform trying to balance budget. >> for the first time we are hearing firms goldman sachs, barclay's, predict 4% growth, global next year. >> all good for tax tax reform argument at the end of the day this will give them a bigger argument on do you make why why they think their numbers are more accurate, irrespective most economists will disagree with this type of scoring back-to-back quarters gives them ammunition they may need. dagen: i hope they don't try to use good growth as cover for dragging their feet that is what i hope doesn't happen. maria: let's point out one of the reasons for the second estimate, and it is business spending for decades businesses sitting on cash, unwilling to make new investments because i think the regulatory environment was so fierce but you are seeing a change here one of the things is business spending. is increasing here so good number markets have not changed much nasdaq actually just went negative dow industrials has been at this level throughout the morning even before -- >> i think the other thing that we touched on earlier, is we are really seeing smooth transition from yellen to powell the closest thing to yellen more right leaning than left lining at the end of the day not a huge transition to federal reserve. and you are going to see, a low rate environment steady hikes. >> i think a real smart selection on the part of the president. >> i would agree. >> a smooth transition there isn't disruption there is continue newity gives court america confidence going forward, continue to to expand capex, invest in companies they belief a much more business friendly environment. maria: you want cuts permanent. >> on business side they are. >> yesterday really the market rally you could see argue because of powell's testimony more than anything. >> yes. >> optimism about tax? >> i think so but i think the market is a little more hesitant because they saw that it went through a budget committee before on health care, i think they always get nervous when you only have one or two votes to work with, i think yesterday was a little more of the idea of powell having a really good testimony on the hill. dagen: banks surged on that news we saw it. maria: comment on rates. >> yes. maria: we will keep following this a lot of stories to discuss right now, the breaking news of the morning, of course, nbc fired matt lauer. the network terminated "the today show" host this morning over allegations inappropriate workplace behavior his co-host savannah guthrie reacting to the news on the at a show this morning. >> we are heartbroken, i am heartbroken for matt, he is my dear dear friend and partner has been loved by many, many people here i am heartbroken for the brief colleague who came forward to tell her story, and any other women who have their own stories to tell, we are grappling with a dilemma that so many people have faced these past few weeks, how do you reconcile your love for someone, with the revelation that they have behaved badly? i don't know the answer to that i do know that this reckoning so many organizations have been going through is important. it is long overdue, and must result in work places where all women are people and respected, as painful as it is this moment in our culture, and this change, had to happen. maria: joining us this morning, house financial services committee chairmen texas congressman jeb, good to see you thanks for joining us. >> thank you. >> we want get is to regulatory environment and, obviously, the tax plan but obviously this story, coming amid allegations against roy moore john conyers al franken, harvey weinstein your reaction. >> well, i -- just shocked i don't know where it all stops, we -- he have a 15-year-old daughter, all of a sudden in precipice driving dating so i am starting to think about these things including the at a she will we in workplace so it is just shocking to see all revolutions spread across so many different institutions industries all over america. but there may be something that had to happen, and women have to be respected in the work place. i know something the speaker, here and house is very serious about, and mandatory training is going to be required for all members and all staff. and so a new day is and did you a new day needed to dawn just continue to be shocked at all the shoes dropping all over america. >> so with a with that new day are you expecting change in congress as well? people are scrapping her heads over they creep list over this -- fund to quiet you eye accuseers. >> a i do think there will be changes in congress the bottom line this is taxpayer money the taxpayers have a right to know how their funds are expended i know some about this there is a lot more i think members of congress need to know some of this has to do with for example, employees of the architect of the capitol some have to do with capitol police to some of this has to do with -- other forms of discrimination, besides sexual harassment these are settlements and taxpayer funding it needs to be transparent and it is not that has gone to change. >> let's move on i want to ask about leadership consumer financing protection bureau what ordeal huh? last night a federal judge refuses to block president trump's appointment of mick mulvaney. >> rejected argument from leanne english, your thoughts was justice served here what should we look for at consumer protect bureau going forward. >> this makes for great theatre but makes for really lousy economics makes really lousy democracy, so richard cordray previous director came in under a legal cloud, clearly he is departing under a legal cloud as well i don't know what miss english is attempting to do i don't know if just a member of the far left trying to get a merit badge from resistance movement but the bottom line is all the legal authority is with the president. for two daibdz under -- two dedicated president has opportunity to name successor what justice department says what the legal counsel at cspb obama pointed legal counsel that is president trump has the ability to name. then, the only circuit court opined in the nation ninth circuit, by the way, very liberal circuit also previously opined that the president has the opportunity to make this appointment, so i don't know what they are attempting to do but makes us somewhat the laughing stock the bottom line is, mick mulvaney is interim director if for no other reason -- brought down universities to -- doughnuts to work she didn't. >> close the loop on the cfpb can you name kinds of things this agency has done for consumer every day we hear another story about wells fargo, so yesterday, we heard that wells fargo bankers were you know taking advantage of people just to get better bonuses, where was cfpb on this. >> asleep at the wheel, so here is what is so ironic, number one we have an institution that is arguably the most powerful unaccountable agency in the history of our republic ostensibly supposed to be on vanguard forefront consumer protection and totally asleep at the wheel of wells fargo, where obviously, cases of theft and cases of fraud took place. it took the l.a. city attorney "l.a. times" to break the story. maria: that is right. >> our committee investigated this, we have documents showing cfpb was completely again asleep at the wheel they came in at tail end, to impose a fine frankly a maximum of the fine that their legal counsel believed should have been imposed. and so i don't know what they were doing but besides many, many respects trampling upon due process separation of payers checks and balances they were incompetent in the charges consumer protection case they should have been involved? >> that is why i bring it up congressman sort of obviously you are talking about wells fargo every day, and misdpeedz yet an agency fighting for consumer i don't know where they have been would you want this job long term do you want to run this agency? >> you know i am kind of hooep with the job that i have at the moment happy at moment it would be fascinating job an important job to have a bottom line is we need consumer protection, but we have to know the greatest form of consumer protection is competitive transparent innovative markets that are vigorously policed from force and fraud we need agency to enforce the law not make the law unfortunately cfp.d. designed to be a judge a jury. dagen: prosecutor rolled into one. so it is an abuse of power probable the reason why i believe one of two government agencies in the last 50 years that has ever been found unconstitutional by a court of law, in this case psh case d.c. circuit. >> let me ask you what you have been doing obviously rollback in regulation has been significant this president least regulatory prior to that time. cutting the number of fragile pages by what 36% or so you've been really critical to all of this, to what would you attribute 3.3% gdp number i feel rollback in recreations allowing businesses to open purse strings tell us how you see it and what is to come in terms of of the regulatory environment? >> well it is fascinating if you will just stop beatings morale would indeed approve we have had 8 years of economic regulatory beatings by the obama administration, and we get basically a 1/2 to 2% gdp academy, we just stopped beatings all of a sudden we've got two quarters of 3% plus economic growth. listen i am very happy i have had the -- the great opportunity to go to the oval office three occasions get signings in from president major regulatory rollbacks congressional review act this about president has been more aggressive than any other president on congressional roux act i don't think president is getting credit he zfshs rolling back object regulatory burden crushing our banks load to stagnant paychecks dead eastbound jobs decimated savings diminished american dreams think about what would happen if we had fundamental tax reform and if we could go to conference with the senate and roll back so much of the dodd-frank act putting so much capital on sideline even today. >> you think tax reform bill will happen are you expecting a senate vote this week? >> well, i am, i am not quite ready to bet my first born on it, but right now i am expecting a vote this week i am very, very bullish, republicans want to get this done, i am sorry democrats are being obstructionists, nancy pelosi has announced that the next election depends on this so going to throw every rod roadblock they can to try to prevent working people from getting more take-home pay from allowing small businesses to be better capslived getting tax relief we know what they are going to do right now republicans are committed to getting this done our president is leadership, of our speaker, and chairman kevin brady of the ways and means committee we got our bill done in the house i was heartened the vote in senate finance committee senator janeson made few rumblings maybe he wouldn't be there he was there senator corker may have made rumblings but he was there i think the senate is coming together i hope we see that vote this week we need to see that vote this week. >> good to see you today thanks so much. >> thank you, maria. >> joining there is coming up the rally rolls on markets are in strong position this morning, stuart varney up next weighing in what to expect as dow industrials are up now better than 70 points, stay with us. ♪ maria: welcome back market rallying take a look we are off the highs, i should point out dow industrials up 69 points major averages near session highs yesterday many are focused on how congress will tackle overhauling the tax code. >> what is your question. >> what is my question? do you think a deal gets done? will we see the senate take this bill to a vote thursday? and if not, will this rally go away? >> yes, yes, and no, it won't go away. house that. >> back to you. >> look, i think the tax deal does get done, i mean the forces are lining up behind it i know senator mccain could be the one who -- screws things up, i think this thing goes through, in short order, and i think the market goes up some more, significantly above 24,000 which it may in next couple days, then i think, there will be a pause when the news is announced yes, we have got a tax deal i think you might see a little bit of selling on the news, that is kind of a tradition on wall street but then, the analysts will factor in the extra profits the big korpthsdz aooii are going to make because of cuts will change evaluations of stocks they will go up more the way i see it happen. >> i think i agree with you stu i also agree on sell on us. >> once we could have it because markets up 30%, 5 1/2 trillion dollars value. >> i have never seen anything like this ever, no one was expecting it although on election night you did go out there say -- maria, well done well done. [applause] >> you got it right, you are with me on berate of selling on us. >> i wouldn't i am with you there because just the market that you know needs to take a breather i know you have a lot more in 10 minutes we will see you then. >> thank you so much "varney & company" top of the hour 9:00 a.m. after "mornings with maria" but first, direct democracy how congressional due diligence is promising to vote the way constituents want even when he disagrees with them, back in a minute. . maria: welcome back pour back to people republican mike running for congress in zai california making remarkable promise because if elected he will make every single vote based on exactly his constituents say, how designed a web site that will let voters tell him, 52nd district criminal candidate explain how this works obviously this is what you want to do hear from constituents. >> would you think so our representatives have not behaved that way driving frustration with people representatives seem to have loss what the the word representative means to represent the people. >> i've got a technology we asked voters questions on issues of the day their job is to understand, them read them, and they get to vote, my commitment is whatever way the constituents vote that is the way up going to vote in congress. >> so tell me, the -- what is important here is the percent of participation, if you look at your district, in the population what percent are actually responding to your technology it is a great one person one vote concept. >> good for i congratulations. >> thank you, yes, you hit on head i got to get participation my job now, as a representative. so it i go is going to change rather than me telling medium how i am going to vote they need to tell me how he they want me to vote. >> what if they disagree with you still going -- with -- >> at the end of the day people win my job to be advocate responsible have opinions, i am going to try to convince people vote my way. >> devil's advocate your congressional area probably 700,000 plus people. >> right. >> so my guess is you will have less than 20% on this platform. you are going to be representing the other 80%. >> everyone. >> i ins but you can't be representing anyone if you only voting based on what 20% population. >> i got to drive participation i need to make sure that everyone has a chance to have the voice heard when i go around the district and talk to people, what i hear is things like why hasn't this been done where do oigo to get voice heard a spot to go my job to drive participation. maria: what is important to you give your he sense what is important to this district what you are going to be fighting for. >> well this district is a classic purple district not red not blue one-third registered republicans one-third democrats one-third independents the problem is they don't have anywhere to land we have a sitting democrat votes up and down democratically platform vr issue not how people of 52nd believe my job to understand where they are issue by issue base system comes in then vote the way at the tell me to rote. >> do you have an issue what is most important to you you want to fight fr. >> most important for people's voice to be heard, not the very frustrating we need to change washington, it is about time we get a representative who will listen to the people. >> we will be watching great idea mike allman we will watching stay with us. down to the very server. it keeps your insights from prying eyes, so they're used by no one else but you. it. is. the cloud. the ibm cloud. the cloud that's designed for your data. ai ready. secure to the core. the ibm cloud is the cloud for business. yours. .. whcold sore.et you? grab lunch? cold sore. when a cold sore takes over, campho phenique's topical anesthetic plus anti-microbial action soothes pain fast. what's for dinner? meat loaf. campho-phenique on, cold sore pain gone. >> and hillary vaughn at the l.a. auto show. this is the biggest makeover with ever seen for the jeep wrangler. seeing it on fox news for the first time ever. 200 pounds lighter than any wrangler before so that means the most fuel-efficient to hit the road ever appeared or is there lighter and easier to open, so it's completely decked out. push the start is now standard for this model across the board. the latest you connect touchscreen with apple powerplay manager at auto. backup cameras are standard across the board but i wanted to show you my favorite feature. they not taken the. they know taking the hardtop offers a lot of work, but now with this wrangler comment it's as simple as a touch of a button, basically having a convertible. very cool for the first time, diesel wranglers are coming back to the states. >> i love that she did that is really beautiful. hillary vaughn. >> it's really beautiful. jeep represents one of the most popular platforms for christ sophia. >> bob, gray tabby on the show. right to "varney & company" rico. stuart: i will take it. it is another huge day for your money and you are going to like this. 24,000 on the dow. very, very close. good morning, everyone. this was the dow close yesterday. huge game, 255 points. that was then, this is now. we are going up again. we are looking at another 80, 85-point gain right from the get-go this morning in the opening bell rings and restart trading in about 29 minutes from now. since the election of donald jay trump, the value of all stocks has gone up a

Related Keywords

New York , United States , Georgia , Japan , Tampa , Florida , Shanghai , China , United Kingdom , Missouri , Washington , Whitehouse , District Of Columbia , California , Togo , Capitol Hill , Tennessee , Westhampton , London , City Of , Germany , Massachusetts , Hollywood , Saudi Arabia , North Korea , Turkey , America , British , Japanese , American , Harvey Weinstein , Eliquis , Sean Spicer , James Wood , Ron Johnson , Xarelto , Lance Monica , Mike Allman , Stuart Varney , Mike Parker , Bob Johnson , Jay Powell , Chuck Schumer , Matt Lauer , Warren Buffett , Dennis Ross , Maria , Lebron James , Jerome Hill , Cheryl , John Flannery , Maria Bartiromo , I Maria Bartiromo , Kevin Spacey , States Maria , Unitedstates Maria , Monica Lewinsky , George W Bush , Paul Hansen , John Conyers Al Franken , Baird Maria , Eli Manning , James Mattis ,