Are you kidding my tree is going up this saturday lauren simonetti. I started shop if and wrapping cheryl. Good morning im cheryl casone. Good morning thank for joining us im lauren simonetti. E lets fake a look at how your money is moving this morning as we await con depressional testimony today in d. C. , dow future down 119 s p down 13 and a half and nasdaq down 46 now the dow is lower right now, almost terror threats and we close flat yesterday and closed for a new record on nasdaq last night pretty good. A point away. So weal see what happens today. Overseas in asia more unrest in hang seng down almost . Europe unclear that president will delay awe tariffs and might know something this week but under pressure. Tack and dax 40 are down. Now to our top story all eyes are going to be on capitol hill today. This is a live look were in just a few hour, public l impeach m hearings will begin. Ambassador bill taig color and john kent will be testifying first. And ahead of the fireworks Griff Jenkins live from long worth House Office Building with what we can expect. Griff, good morning pep good morning, lauren, and cheryl expect history to be made, the back drop, house most prestigious room normally in weigh and Mean Committee and today it was, of course, the chairman adam schiff rank member devin muniz and 10 a. M. Gather in and e 10 0 5 gather in and swear in ambassador bill taylor in career foreign officer george kengt then give opening sames to get to the questions a little different format this time each side majority and minority will each get 45 minutes of questioning and we expect the chairman and Ranking Member to defer frequently to chief counsel for questions as we saw in the transcripts of the depositions following the extended questioning there each member of this committee will get a five minute round. There are 13 dhts on committee nine republicans. Now we dont know exactly what will hear. We expect bill taylor to make the disand quid pro quo and george will continue to say he thought President Trump wanted to hear president zelensky say the word investigation but one thing that we cant expect is some theatrics but chairman schiff is saying fellow republicans writing that committee will note serve as venues for any member to further this same sham investigation into biden or into debunk experiences about 2016 u. S. Election interference, that prumple prezzed ukraine to undertake for his personal political benefit as for the republicans here is House Minority whip scalise. No quid pro quo and thought that it was a appreciative call. Weve helped ukraine in many ways that President Trump wont help. Former ambassador marie and then next week at least five more witnesses according to schiff three are republican called witnesses. Lauren, cheryl. Griff jenkins thank you very much. President trump not missing chance to take on fed chair jay powell in a speech to Economic Club of new york yesterday, all while the pet touted the bombing economy under his watch. This as he prepares to testify on capitol hill today. Weve got ed lawrence with all of the details on the fed chair. Good morning cheryl and lauren President Donald Trump taking credit for what he calls the greatest recovery economic recovery in u. S. History. He said that his tax policies his deregulation policies is have brought the u. S. To this economic expansion and kept it going. Now within that the president saying, that despite the Federal Reserve, raising rates too quickly and cutting slowly his policies are keeping this economy going. Now President Trump says that hes leveling the trade Playing Field and hes unapologetic with how hes doing that through terror policy and strength of the u. S. Economy. Listen. My goal is to ensure that this power work for americas favor and for americas workers and for americas companies. We want the incentive created by our tax trade regulatory anding Energy Policies to be progrowth proworker, and 100 proamerican and more is yet to come. President say china will not longer take advantage of the United States economically we saw some of what he will campaign on in 2020, saying that best is yet to come adding that he made a promise and hes now kept his promises as president. President trump point to the new u. S. Mca saying he did his job to get it finished now up to democrats to get it passed President Trump spent a lot of time on Federal Reserve saying that fed raised rates too quickly and lowered too slowly. I dont say thats good for the world. Im not president of the world. Im president of our country but we are competing against these other countries nonetheless. And the Federal Reserve doesnt let us play at that game. It puts us at a competitive disadvantage. President trump says that his economy is booming despite the Federal Reserve. He adds that if a democrat wins white house next year, the economy will stall. Back fog you. Edward lawrence in new york thank you. And stay with fox business for live coverage jay powell testimony that kicks off today 11 a. M. Eastern time. And the investors are certainly watching that President Trump sowpgdzing off to mystic on u. S. China trade talks as well. He said yesterday a tremendous am of progress thats the quote has been made in negotiations. Watch. A significant phase one with china could happen. Could happen soon. But we will only accept a deal thats good for the United States and our workers an our great companies. While wall street journal is reporting that tariffs major hurdle here towards reaching an agreement on the first phase of a larger trade deal sources say issue is whether the u. S. Will lift existing tariffs those already in place or canceling ones that are do you to take effect middecember. Well trumple administration is underfire, for democrats over its pam tows farmers hit hard by the trade war with china. More than a dozen senators have written a letter to agricultural secretary purdue claiming his department is taking winners and lose percent handing out l 16 billion of assistance. Democrats including president ial candidates amy and accuse administration of favoring southern farmers in districting that money even though prices for crops grown in the south like cotton did not fall. To hong kong now and antigovernment protesters paralyze parts of the city financial district for a third day. Forcing many businesses there to close down early around 1,000 protesters blocking roads during the lunchtime rush hour. Riot police try to disperse the crowds hong kong officials are the protesters of heavy consequences the violence continues in schools. Well be closed anticipation of another day of violent protest. Fox business alert right now. Violence has escalated overnight between israel and within gaza the hamas militants one day after Israeli Military took out a jihad leader. Watch as a rocket sores through the sky in gaza. Benjamin is live on israel gaza border benjamin, is this the start of an all out war . Tell at the mommy to be honest. In fact, last night there have been hopeses that we might see a ceasefire we know that egyptian have been mediating to go with the u. N. And e. U. But this morning we started to see more rockets come out more escalation more response from the israelis as well. So we dont know where this is gong to go infection few hours or few days and those with jihad are furious at the death of the commander and targeted strike by israel couple of day ago and as a result start at a about you 60 this morning more rockets on top of the 200 yesterday. In fact we have seen israeli iron dome and system knock them out of the sky over our heads weve seen this continuing for the the last few hours. Flesh and israel responding in kind we know that in the last hour or so theyve taken out what they say the factory and a rocket launchers and hut a boat so clearly no deeffectinglation of the tension at this point inside gaza meanwhile there have been death, death toll stapgding at 16 israel making it clear that the vast majority of those are militant but theyre being rushed to hospital that is only helping to fuel theing a it will that is felt there. At the a moment, who controls disa is saying if theyre not getting involved this Islamic Jihad actions but israel continues they will respond pane Benjamin Netanyahu speaking today saying we do not wish for escalation. But this could take time, it is Islamic Jihad choice to halt fire or continue to get pummeled. One saving grace of course for really is antimissile Defense System with remarkable 0 sks rate shooting down rockets coming out of gaza but where this is going over next few hours we dont know the at this point no deescalation right now. Back to you. Prchg benjamin hall, thank you. Well controversy is growing over today schedule meeting between President Trump and turkish president erdogan. Tension in syria certainly escalate we have trace trays here on set with all of the details. Tracee, good morning. Group of bipartisan house members have express deep concern about the meeting follow turkey invasion of syria. Theyring asking President Trump to resending his invitation in a letter some lawmakers saying they believe it is a, quote, inappropriate time for the visit the meeting still scheduled for today. President trump and apple ceo tim cook are expected to tour facilities if in texas where apple products are made. The tour could happen as soon as next week, and will reportedly showcase companieses that keep jobs in america. The trip would come as cooke further release from imports from china. Concern over google gathering Details Health information on americans has aled to a federal inquiry are according to the wall street journal. Goggle project is a deal with the asession held meant to improve patient care but gathering is raising privacy and safety concern. And Colin Kaepernick getting another shotted a nfl court a memo obtained by espn invited team to a private workout to evaluate readiness and interest in reviving his stalled career. Kaepernick has been on sidelines since 2016 after sparking League National anthem protest about, and that is what is happening now. Intreging to see if anybody actually shows up for his tryouts to workout, i dont know. All right tracee thank you very much. Lauren in hours public impeachment hearings do again and adam schiff says republicans not question hunter biden or the whistleblower. Will proceedings be seen as fair in the court of Public Opinion . And it wasnt the best launch day for disney plus well that impact in streaming wars plus why it is add aing trigger warnings to some of its classics. Keep it here on fbn am. No comm. Delivery drones, or the latest phones. No commission. No matter what you trade, at fidelity youll pay no commission for online u. S. Equity trades. About being a scientist at 3m. I wanted them to know that innovation is not just about that one aha moment. Science is a process. It takes time, dedication. Its a journey. Were constantly asking ourselves, how can we do things better and better . what we make has to work. We strive to protect you. At 3m, were in pursuit of solutions that make peoples lives better. vo thewith every attempt, strto free itself,piders web. It only becomes more entangled. Unaware that an exhilarating escape is just within reach. Defy the laws of human nature. At the season of audi sales event. Liberty mutual customizes your Car Insurance, so you only pay for what you need. I wish i could shake your hand. Berty. the enchanted disney fine jewelry collection. With exclusive bridal styles at zales, the diamond store. With exclusive bridal styles at zales, people think my job is easy. You just go on tv and talk, right . Well, each season theres over 1,500 players and hundreds of games. Plus passing yards, turnovers, injuries. We have to be ready to analyze any of it, on live tv. If we fumble on air, thats a problem. Ibm watson helps us wrap our heads around all that data, and quickly find relevant insights using ai. So we can give every fan the best show possible. Welcome everybody to fox kickoff, im charissa thompson. Just hour away from the the start of public testimony in the impeachment hearing against President Trump. Two witnesses taking the stand to testify on president dealings with ukraine bill Taylor George kengt and bring in bruno in all of this and two gentlemen weve learned in private testimony made serious allegations against the president that there was a quid pro quo. Does the public nature of this, do you think change or affect the testimony of these witnesses or even how it is perceived . Definitely perception, i mean, the close door depositions are available in transcript form. But how many people have read them . I mean the public who really counts. Not many and the fact a of the matter ising dragged in public it has on tv it is going to be on all of the Major Networks about and theyre going to see so live testimony is persuasive so ping the democrats and republicans made a good decision by bringing in actual lawyers and staffers for first 45 minutes. It is not hopefully schiff really minimizes his statements because i think his credibility is shot given what he did on the Opening Statement last time when he paraphrased this cough. Bill taylor is acting ambassador to ukraine if he has a Government Role a job to do and still getting paycheck george kent Senior State Department official. Now they are going to be testifying. But still as their lawyers their lawyers advising them do you think to tread carefully in public and open themselves up to jeopardy . Enches well theyre well prepared they have already testified once before, and i think the only real advice i would have at that point is be consistent. Because the questioners have cross examined but as far as liability or criminal liability i dont see it on two witnesses and schiff made a decision to role these two out for a reason because he believes that they support the best chance that they have at impeachment. So this is, obviously, a House Committee this is not a court of law. But if those were a court of law while court of Public Opinion i guess you could say how difficult to prove abuse of power . Because thats the if basis of what adam schiff and why adam schiff has spent tbhonts putting this inquiry in front of our faces . We were in a court of law today these two witnesses probably wouldnt even been called . Why . Because a lot of their information is here say in court of law it is objectionable and that type of information doesnt come in because it is not truth worthy we need sources with personal knowledge to be able to give information. So these guys right now theyre going to be able to walk in today, and testify about speculation, about what they thought, about conclusionings that they came that they got, and hearsay information from sunland and prior u. N. Ambassador or prior ukraine ambassador, and witnesses im going to reiterate they dont have much personal knowledge about what happened through this process and all about what was for them. It is again is not a court of law but court of Public Opinion is going to be strong million hads expected to watch these hearings today. David bruno thank you very much for commentary. All right lauren over to you. Ill ping up on that. As l manies watch restaurants and bars in washington, d. C. Are looking to cash in on these public impeachment hear physician. Several places are going to open early, and offer discounted drinks while shows live testimony on television. One bar is creating happy hearing hours, the eye on pub offering two theme drinks one is called i got 99 problems but impeachment aint one. The other is the impeachment please which features peach flavored booze get it all right lets take a look the at your money this morning after a rare flat close for the dow yesterday pep and ahead of testimony by the fed chair, the average is down 110 point and nasdaq retreating from the record 43 this morning still ahead with less than a year away from the 20 20 election. Could President Trump be giving americans another tax cut . We talk about a travel nightmare. One woman revealing her biggest fear and it is not flying. Next on a plane. Maybe thats mine. The photo thats going viral. Coming up were not show it to you right now. Did they complain . House comts hold first public hearings on the impeachment inquiry today against President Trump. But doesnt move needle on wall street and dominic president of diversified Health Advisors is here we have impeach. Proceedings public at 10 jay powell the fed chair testifying at 11. The the dow is down 106. I think thats more about weve had a pretty good run in the last six week or so. So it is a pause in the market. I dont think right now the reaction is the the hearing that down in washington. I think more china talk and maybe this thing is not a done deal yet but i think it is a pause in the market. You would make the argument that many on wall street dont think, i mean, that hearing in you know the impeach until house isnt what has people afraid it would be rare event that president actually gets removed from office by vote in the senate is wall street doesnt think that would happen. They dont think it would happen but mood of the country is critical to this because it is fantastic theyve been