Transcripts For FBC Varney Company 20171129 : comparemela.c

Transcripts For FBC Varney Company 20171129

5. 9 trillion. The tax package, the driver right now getting closer and closer to a done deal. In the Senate Committee will be procedural motions, then 20 hours of debate, then the tax cut vote should be by friday. Believe it or not, it is possible senator mccain will pass the deciding vote. He killed obamacare repeal, will he kill tax cuts . We simply dont know. Will Claire Mccaskill vote yes . That too is possible especially after President Trump speaks in her home state of missouri today. He will say tax cuts, quote, poor rocket fuel on the economy. Just let missouri voters want to hear. Senator mccaskill is up for reelection. Have we got a show for you, including Nbcs Matt Lauer has been fired. Varney company is about to begin. This is truly a bomb show. Nbc not lower its outcome is fired from the today show. Heres the reaction from savanna guthrie in the morning show today. Roll it. For the moment, all we can say is we are heartbroken. Im heartbroken. Matt is made dear, dear friend and partner and hes been loved by many people here and im heartbroken for the brave colleague who came forward to tell her story and many 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 that her love for someone with the revelation that they have behaved badly and i dont know the answer to that. But i do know that this reckoning that so Many Organizations have been going through is important, long overdue and i must resolve and work places were all women, all people feel safe and respected. As painful as it is, this moment in our culture and this change had to happen. Stuart lives is following this story appeared was a lecturer done . Liz reporting a female nbc staffer monday night filed a complaint with nbc saying she was sexually assaulted by not lower. That is the reported term, during olympics coverage in 2014 paid the same staffer reportedly said she is more evidence of other women, plural, also being harassed or assaulted by matt lauer. He spent 20 years at the network, reportedly 25 million in compensation. Now the franchise is in. We are tracking the complaint came in to h. R. Monday night and they quickly moved to fire him. Stuart did nbc still say there will be more to come on and not lower case. Transfer reason to believe it may not have been an isolated incident. Train to a rapid up with that. This is looking good attacks are rising high and heres the president tribe just treated. Consumer confidence. And the fiscal times. News economy economy is growing. Tax cuts but distinctly possible. 24,000 on the dow today, tomorrow, friday. We are very close in this market is being fueled as President Trump said by a host of factors, some of which do have to kind of beginning he has to give credit for. Consumer confidence by the early two thousands. Why is that . People are looking for to the tax cut, job growth is better, all the things donald trump campaigned on and by the way, weve seen this last week a very big move on the regulatory stranglehold on not just the financial year, but the story that will evolve because its not as visible as tax reform. Tranter comes down to john mccain on which way he may vote. One is mccain a detail of not going along with tax cuts. Secondly hes obviously been a disrupter to the trump agenda because he doesnt like donald trump. Third, the New York Times and the democrats are terrified that this is going to happen. Picturing john mccain from the point of view of the New York Times has the potential savior of the American People by not allowing their skin is stepping in way of it, they are trying to feed his vanity and inclination to basically step in the way of trump. Stuart good stuff. Stay there, please. President trump used senator schumer and Nancy Pelosis absence of the congressional leadership reading yesterday as they fought a lot. Watch this. Chuck schumer and nancy pelosi did not show up for a meeting today. Im not really that surprised. We have a lot of differences. They decided not to show what appear theyve been all talk and no action and now it is even worse. Now its not even talk. So they are not showing up for the meeting. Trade to keep out which is here with us in new york. Why did mr. Schumer and nancy pelosi why did they cancel . Kind of looks like sour grapes. Like nancy pelosi is claiming she canceled because President Trump is issuing verbal abuse against her and is no longer he responded on twitter to the president photo op as he said his verbal abuse would no longer be tolerated. This is really about democrats always wanted the budget and taxes on their own terms despite losing elections. If you go back in history and look at the previous shutdowns that the government and the things Chuck Schumer and nancy pelosi has died, and it always warned about the extremism that comes for shutting down the government, the vast consequences, and so now that they cant get exactly what they want, they wont even show up to the table. Stuart with the republicans maintain their majority in the house in their 50, 51 votes in the senate, and they can push through a budget and a debt ceiling. Thats questionable because they do need 60 votes to get it pushed through. Because they only have 52 republicans, they need some democrats support and now i guess they are saying we are not going to show up unless we talk about this before him. Mitch mcconnell made a good point yesterday. He did show up with paul ryan and he said i would have never imagined when we were in the minority. Who doesnt show up for work. Washington and thats pretty difficult. The question is who gets the blame if the government shuts down. Usually republicans. However, im not so sure they are going to get the blame. Either way, i want to make sure people understand when we say government shut down, it sounds extreme, really scary, but the essential function of the government still go out. Social security checks tokelau. Its not an put on hold. Not as extreme as everyone expects. Stuart who won the politics yesterday, mr. Trump . The president won the politics of the visual of the empty chairs. The average american looks at that and those i showed up to work today. Why arent they showing up for a meeting at the white house . Absolutely ridiculous. One week until the resolution expires. They have a lot of work to do. Stuart kittie pavlovich, welcome to new york. Lets get to the north Korean Missile launch. The bottom line on this launch, liz, they can now hit americans. Liz thats correct. Fallen in the standard tree, meaningtr saight,ot sho up into the air couldve traveled 81 miles capable o hitting washington d. , new york anywhere in e mainland, als entedre a car come anywhere in the world according to james mattis. Stuart stocks went down on the news of the launch. Then bounce back up again because america didnt try to shoot the missile downed in mr. Trump very calmly said itll be dealt with. Liz and south korea launched a battery of missile tests right up to the time of the launch. Stuart there is the south Korean Response launching some of their own missiles, not at north korea. There was a defensive missile. Check this out, please. Look at this. Very rare pink diamond. Almost 15 carats, sold at christies. We will tell you how much it went for. By the way, we are talking tens of millions of dollars. Two congressmen introducing a bill to fight the opiate epidemic. To limit the number of pills you can get a prescription. Jim renee c. , mark meadows will lay out the plan in the 11 00 hour. Drum terrace behind benghazi attack convicted on terrorism charges acquitted on murder charges. He might spend the rest of his life in prison but he does not fight the death penalty. The judge on that next. His advisor ran the numbers and showed that he wouldnt be able to retire until he was 68. The client realized, i need to get back into the markets i need to get back on track with my plan. The Financial Advisor was able to work with this client. Hes now on track to retire when hes 65. Having someone coach you through it is really the value of a Financial Advisor. Stuart at espn as a unit of disney and has announced 150 more layoffs. Doesnt hurt the stock of 10373 at the fraction. Chipotle, how is this responding to the founder stepping down as ceo responding very well, up four points 7 , 13 gain just shy of 300. Founding ceo steps aside. Amazon, cybermonday very big for all the online sellers. Give me the big number, liz. Stuart at 81 million overall on cybermonday. 77 million black friday for the entire weekend, 174 Million People shop. Heres an interesting stat that we were talking how to avoid the political fight at the dinner table on thanksgiving. Some people in my family would fight but the turkey if they could. One out of five started shopping online in the middle of dinner. Placing an order, i love it. Stuart the holiday taken over. Serious subject here. Online shopping is very serious and so is this. Cleared of murder in the 2012 benghazi attack or judge napolitano is here. A federal jury found him guilty of four of 18 counts or they didnt find him guilty of murder. Was justice done in your opinion . In my opinion justice was done because they were very vague. The governments own evidence of the use of a cell phone shows he wasnt there at the time this happened. It arrived faster with in the principal witness who was brought from libya to washington d. C. To testify against him or build underwrote the government paid him to get this testimony 7 million of bribed testimony. Absolutely outraged and offended the jury. It should be enough to send the prosecutors to become defendants themselves and affects prosecutions when you do Something Like this. Stuart you think justice was done . They have enough to lock him up for the rest of his life on other allegations, but not enough to show a planned, plotted intentional murder. Stuart you heard the news about matt lauer fired at nbc. Is there a business angle here . Yes there is. 25 million a year into an half years to go on his contract if he was literally fired, then they had then they had then they have to exercise a clause in the contract, which permits them to do it, a morals clause or a good conduct clause. The wording is different depending on who the employer is. Often in cases like this, because he is huge in our industry, lawyers will say okay, you fired him. Give us back then we wont sue you. X is something less than what he is sued, so often there is some sort of a financial deal for him to go away so nbc can bury this story. If he does sue them, i would have to be you didnt give me an opportunity to defend myself. This happened in 48 hours. Did i not given due process, but they have to be basically fair. An allegation they have to investigate and ask them about it. Stuart the today show brings over 300 million a year now protecting revenue. Thats my understanding an awful lot of of revenue and is leaving mesa showing chaos. Stuart will soon find out if that is the loss of advertising revenue. The guessing game has begun, which is who will replace him. I dont know who, but ive heard names. Stuart they will throw your hat into the ring. Can you imagine them having me . [laughter] stuart what a story. I find it hard to believe all this stuff coming out now. Hold on, listen to this. We just got this tweet from President Trump. Now that matt lauer is gone, when will the fakeness cracked missionaries at nbc be terminated the contract both phil griffin and will they terminate low ratings Joe Scarborough based on the unsolved mystery that took place in florida years ago . Investigate. There is a provocative street if ever i saw them. Stuart okay, move on from there. We wont talk about the unsolved mystery, but we know what was there also. Stuart let me move on, please. A picture of the Trump Administration. Mick mulvaney, the president take two and a watchdog administration, the cfpb can keep his job. More varney after this. I can do more to lower my a1c. Because my body can still make its own insulin. And i take trulicity once a week to activate my body to release it, like its supposed to. Trulicity is not insulin. It comes in a onceweekly, truly easytouse pen. The pen where you dont have to see or handle a needle. And it works 24 7. Trulicity is a onceweekly 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 youre 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. To help lower my a1c i choose trulicity to activate my within. Ask your doctor if onceweekly trulicity is right for you. Or a little internet machine . [ phone rings ] it makes you wonder. Shouldnt we get our phones and internet from the same company . Thats why Xfinity Mobile comes with your internet. You get up to 5 lines of talk and text at no extra cost. So all you pay for is data. Choose by the gig or unlimited. And ask how to get a 200 prepaid card when you buy any new samsung device with Xfinity Mobile. A new kind of network designed to save you money. Click, call or visit today. Stuart look at this printer does getting awfully close to 24,000. Could happen today or tomorrow. Growing faster than we thought. But in the task a deal could be very close. Oppose the market could stay right here youll see your money grow. President trump called as senator elizabeth war in the middle of a celebration of navajo code talkers. He called her pocahontas. Youve written about this and you say there is a direct link between senator warren and this mass at the cfpb. Where we litigating value this Consumer Financial protection monday which is the brainchild of elizabeth worn and she is the biggest advocate. There is a massive sometimes to the seeming madness, which would basically take her down a peg by calling her pocahontas and reminding everybody that she did like about her native american ancestor and various forms, defer to her career, she said not, but already the conversation goes to that issue and controversy, which is sort of demeaning of Elizabeth Warren not to the value of the cfpb, which is not what value because it is yet another Regulatory Agency logged onto the top of seven other regulators of banks. Its a ridiculous story that watched it for years, really makes no sense. Stuart senator warren hates banks come to detest capitalism. She created this Consumer Financial whatever, cfpb. She doesnt trust banks and bankers. Stuart not accountable to anybody. She appoints, recommends the person is going to run it, Richard Cordray. She recommended the person to replace Richard Cordray urges apoplectic president has stepped in and said no Mick Mulvaney will run it. Mick mulvaney did an excellent job of explaining the biggest flaws in the senate of the cfpb. If you are harmed, you have no recourse. You can go to congress, cant go to the white house. No other agency behaves this way. Its absurd. Trade to totally unaccountable. Back to the market because this is a market day and a half. Wednesday morning and we are looking at a very significant gain again for the Dow Jones Industrial average. Right from the opening bell, we will be within striking distance of 24,000 on the dow industrials at a lot of things going for stocks today. Significant jump in our growth rate in america in the Third Quarter of the year. Significant progress towards getting a tax cut done and signed before christmas in statements from the Federal Reserve chair is not going to go after the banks. The overtime regulations. Up to the bank stocks, up goes the dow. Right now a gain of 86 points right from the getgo. Stay right there. You will watch your money grow after this. Eras. Theyre defined by accomplishments. By victories. By those with the resourcefulness, the ingenuity, and the grit to help ensure the next energy to power our dreams, will be american energy. Stuart one of those days when i just cant wait to see the market up and running because we are expecting again and again at the opening bell. Yesterday we were up 255 points. We came within 160yard points at 24,000. This morning we will open bb 80 points, maybe more. I will put us very much within striking distance of 24,000. Who wouldve thought, let me were going to election day last year at 18,000. 24,000 here we go up and running. At 40, 50 points. Does the listening on the radio 51. 887. Alltime high for the dow and the business with a gain of 50 points. Thought it might be more . Not yet did 53 points ive three points out. A lot of. A lot of green left inside of screen. The s p 500 at an alltime high up nearly 1 . Very significant gain there for a very broadbased indicator. Show me the nasdaq leads. Dodd is down. What the devil is going on . Thank you, lives. Thats a the fractional loss of the nasdaq is the dow powers ahead. 239, bottom righthand corner of your screen. First time ever. Price of oil, not sure thats factoring in very much today. However, amazon, where did it open down. 1188 per share. Thats up 71. Whos with me . A wonderful day. Elizabeth mcdonald, elizabeth peek with us today. Welcome back to the program. I think about 131 what i real

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