trump at the white house with a new warning for nato members who don't pay their fair share. this as congress moves forward with impeachment inquiry into the president. we have the latest response from the commander-in-chief. 60 days until the iowa caucuses. a few key endorsements might shake up the race for the white house. so we'll talk about that. plus in a galaxy not so far away, disney world's new star "star wars" attraction opening up today. the new interactive ride like no other. melissa: edward lawrence at the white house. gerri willis on the floor of the new york stock exchange. jeff flock is live from lansing, illinois. hillary vaughn is on capitol hill. robert gray is outside the los angeles courthouse where elon musk's trial is underway. let's kick it off with edward lawrence. reporter: melissa, an aggressive response by the white house when they learned articles of impeachment would be going forward in the house of representatives, using terms like mockery of the law. the white house press secretary released a statement saying this, quote, speaker pelosi did exactly what she always does, ignore the needs of the american people and advance her selfish political desires. democrats sham impeachment is blatant, purely partisan attempt to overturn the results of a free and fair election. the white house is wondering why usmca is not brought up for a ratification vote. instead this focus on impeachment. the president talking about the impeachment process today. listen. >> impact on legacy? >> not at all. it's a hoax. it's a big fat hoax. reporter: big fat hoax. the president tweeting today, saying that in the senate trial the republicans plan on calling representative adam schiff as well as house speaker nancy pelosi and hunter biden, putting them all on the spot. the house speaker says it's clear though the president violated the constitution. >> i'm really sorry the president made this necessary by his complete disregard for the vision of our founders. we don't take any glee in this at all. it is heart-breaking but the president gave us no choice. reporter: the president's staff says they are eager to get this trial process going. they are ready for it. he made other news today on some other fronts. during a meeting this afternoon of the national security council representatives here at white house, the president is saying he could look at trade actions, possibly tariffs against nato members not spending 2% of gdp of defense on nato. as well as saying the u.s.-china trade talks are going well. he says on the december 15th tariffs. they are still going forward. they may still go forward but they are going to talk about it. back to you. melissa: edward, thank you. connell: to the biggest ipo in history. the oil giant, saudi aramco, pricing shares at the top of the range, becoming the world's most valuable listed in firm in the process. we bring in gerri willis for more on that. gerri? >> connell, it hasn't happened yet, right? it will not happen here on the floor of the new york stock exchange, but when the company comes public it will likely be the world's biggest ipo ever. $1.7 trillion. that is trillion with a t. yes it is. the company selling 3 billion shares. that is only 1.5% stake in the company this ipo would be bigger than alibaba think of that. next big wall street story, black rork. mark weissmann is out at blackrock. on wall street he was ousted from the money management giant, failing to disclose a relationship with a fellow employee. he was larry fink's protege. the executive saying i regret my mistake. rent a runaway is partnering with "w" hotels. if you travel to the w in hollywood, aspen, south beach, washington, you get 69 bucks to pick out four outfits. why is this not in new york city? i have no idea. but that is question everybody on the floor of the exchange is asking. connell: everybody? >> i am. i am. melissa: all the guys behind her are very curious. big corporations beware. senator elizabeth warren is preparing a new proposal cracking down on megamergers. hillary vaughn is on capitol hill with the details. sounds terrific, hillary. reporter: melissa i talked with someone who has direct knowledge of this draft bill and essentially what it would do is order a review of all past megamergers, spanning over the past two decades and then make a decision to either keep them or undo them. that could throw a lot of past acquisitions into chaos. some of the big ones that could be affected if this bill became law, facebook's purchase of instagram and whatsapp. at&t's purchase of time warner. google scooping up youtube, and amazon taking ownership of whole foods and zappos. warren is considering through the draft proposal changing antitrust law so mergers are not just evaluated how they will impact consumers. also how it could possibly impact entrepreneurs, innovation and privacy. that means companies like apple, google and facebook could come into the spotlight if they want to acquire anymore companies, moving forward. they would need to pass any privacy concerns from regulators before they do that. also, there are special protections in this proposal for workers in the gig economy. allowing them to unionize which would impact companies like uber would largely impact independent contractors t would turn the federal trade commission into a super agency, demanding fcc put rolls on the book that specifically prohibit conduct of u.s. firms and would give the ftc sole power to sign off on all major mergers, giving them more control of massive acquisitions, then the department of justice. sources close to senator warren tell fbn's charlie gasparino that they have been ambushed by this leak. they insist this draft bill is not final yet. melissa. melissa: hillary, thank you for that. connell: moving now to elon musk on trial. day 3 of the musk defamation trial taking place at the u.s. district court out in los angeles where we, which is where we find our own robert gray. he is there with the late-breaking details. robert? reporter: connell that's right. vernon unsworth, the plaintiff in this defamation case has been on the stand all morning. they have broken for lunch. he is due back on the stand any moment to continue in his testimony. he is being questioned by musk's team unsworth must prove he was negligent publishing falsehoods that identified him and harmed him. they are trying to pick apart this morning the musk team. musk's attorneys saying nothing musk tweeted got in the way of honors and opportunity for unsworth to tell his story. using exhibits of pictures, videos to discuss some of these opportunities. one of them with a picture of unsworth standing directly beside theresa may when she was prime minister of uk outside of 10 downing street along with folks on the rescue team that rescued the boys on the soccer team in thailand where this all started. saying this that it was pr stunt, when musk created and brought over a tube, a mini submarine to try to bring the boys out of the cave. unsworth was a diver on the team that brought them to rescue. he went on to mention the fact that unsworth to the, an award from a british prince richard, the duke of gloucester after this. was also contributing his story to a book. importantly, connell, when asked by musk's attorneys were there any mention of pedo guy or pedophiles in any of these situations? to which unsworth said no. so we'll have to see what happens when his team takes tear turn to get up there. we're expected to hear more from unsworth. we still have on deck, unsworth's ex-wife, expected to testify by video. a webex pert as well. so we're not expecting this to wrap up necessarily this afternoon. connell: right, day three. a few more days? what are they thinking, robert? do you have any idea? reporter: one of the breaks one of the attorneys told us this could go on a day or two. we'll see how fast they get through these. they're definitely taking a very pragmatic approach if you will in setting this all up for the 8 person panel on the jury. they're taking their time right now. connell: there is a hot to get through i guess. we'll keep following it. elon musk. robert gray in l.a. thank you, robert. melissa: looking toward the future, general motors teaming up with lg chem to make battery cells for electric cars in lordstown, ohio. fox business's jeff flock is live in lansing, illinois with the details, jeff. reporter: melissa, they just rolled in look at this, a new load of gm silverado pickups. these are gas powered vehicles. the sun is setting, maybe according to gm the sun is setting on the goose powered vehicle. these are not electric. if gm comes through with the plan to come up with a electric pickup by 2021, some batteries could come from the joint venture in lordstown, ohio. look at numbers on it. you report $2.3 billion to be invested in gm and lg chem, the south korean battery maker. they will create left hundred jobs there. not the 5000 jobs lost when lordstown plant shut down. but mary barra saying very clear that the electric vehicle is the future for gm and autos in general. here -- >> i believe electric vehicles can be very significant in the marketplace if you focus on the customer, what the customer wants. one of the key things is making sure those vehicles are high quality, reliable and affordable and our partnership with lg chem enables us to i think be in a leadership position as we go forward to begin launching these vehicles. reporter: the only problem is, the question is when is the future going to get here? right now they're selling about, oh, about 1500 chevy bolts a year. that is the electric vehicle that general motors makes now. there is not even one on this lot here behind me because they, really don't sell well enough. but mary barra saying clearly today, melissa, general motors believes in the science of global warming. that's why they're getting on board with electric vehicles. melissa: jeff, that is very different from what gm executives said in the past on global warming isn't it? >> you're remembering back to bob lutz, the vice chairman of general motors quite famously, i quote him now, although i will be careful with my quote. globally warm something a crock of shaving cream. melissa: oh. >> or words to that effect. he had defended that to i would say his death. he is not dead yet. he defended that all along. at the same time we can still make fuel efficient vehicles. so there you go. i wish he was still here. melissa: oh, boy. he is still alive though jeff. reporter: yes. connell: oh, boy. never a dull moment, the great jeff flock. she says there is no choice but to act. house speaker nancy pelosi calling on committee chairs to proceed with articles of impeachment against the president. the while house firing back. so could the democratic push end up backfiring when it comes to the booming economy? we'll talk to ari fleischer next. melissa: a case of illnesses linked to romaine lettuce. don't eat vegetables. they are on the rise. health officials in which state should be on high alert. my kids will never eat another vegetable. connell: you solved it. changing the game. a shocking shift in college football, one university completely dropping out. will others follow? details later in the hour. ♪. 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i put it out there with a godaddy website. make the world you want. ♪. >> the facts are uncontested. the president abused his power for his own personal political benefit at the expense of our national security, our democracy, is what is at stake. the president leaves us no choice but to act with allegiance to our founders and a heart full of love for america. today i am asking our chairman to proceed with articles of impeachment. melissa: i think her is full of love, don't you? house speaker nancy pelosi standing firm calling for impeachment charges against president trump but could it come at the expense of some key legislative wins? here is ari fleischer, former white house press secretary. he is also a fox news contributor. i'm steering clear of the idea whether it make sense to impeach or not on, everybody made up their mind. he should stay, he should go. let's talk about the other stuff. what is this at the expense of? i keep saying usmca but i feel like a broken record at this point? >> i think it is at the expense of goodwill. when she says i instructed committee, what she should say i instructed the committee to waste everybody's time. this is so unwise it seems to me. if impeachment has value, you save i haveit for the second term in the first term you let voters decide these things. democrats started a train they can't stop. melissa: so what do you think happens to them politically? there is lot saying that the democrats that live in political districts that the president won. they will overturn the vote of constituents. the lawmakers say you know what, my district barely went for president trump. i will make a lot of people yes voting on impeachment. what do you think are the individual political implications out there? >> totally varies from district to district. tough get into each district to know how it could go. a moderate republican could be pressured to vote for impeachment although none will. more likely a dozen or so democrats vote against impeachment. so it is going to be a walk backwards from the original vote where only two voted against it. overwhelmingly the democrats will be for it. the future, president will get impeached. will not get close to being convicted in the senate. i suspect more democrats vote with republicans and republicans with a democrat and preordained out come, all this time wasted. >> so what advice would you give to the senate? there are two-ways they could go? they could say, we've seen everything we need to see. let's go, everybody out there, let's vote, get it over with. or, they could have a trial and you know, the senate has said they will control it. they will embarass the democrats. what advice would you give to the republicans in the senate on how to handle this? >> well i think, i'm old school, melissa. i think you have to do things well and right especially something constitutional like impeachment. any precedent you set in the senate now could be a binding precedent for anything in the future. they have to have a serious trial a real trial. it has to be based on what the house alleges. they will vote and vote it down. i'm a little bit skeptical calling hunter biden and calling steve schiff and all the other people there. schiff is different of. maybe schiff i would call. hunter biden i don't see it. joe biden, i don't see it. i don't know what advantage it gives republicans. republicans say we got the witness, we'll get them this time. it never happens. melissa: it never happens. it is never, it is never satisfying when you have these trials. >> right. melissa: and even the ones that we've seen in the past three years or whether it's from benghazi forward, you think it is going to be satisfying. you think you proved your case. the next day it is sort of nothing. i guess if you were giving nancy pelosi advice, you were on her side, so not sarcastically, sincerely giving her advice, what would you tell her to do right now in her own best interests? >> one, would i knock off all the talk of prayerful. no one buys it, obviously marketing focus groups. two, i can understand the democrats saying the principle case to make, president is a risk, unconstitutional, stick to that. if that is what you believe. that is the course where they can't back off. let me go back to what i said before on schiff. if i was in the senate i would call steve schiff -- melissa: adam. >> i'm sorry i would call adam schiff to the senate. there is a relevant fact pattern here what he knew, when he knew it, because of the whistleblower's briefing with him. melissa: finally what are implications in 2020 for all this? does it make a difference? does it hurt anyone? >> i think president trump will be in superior position to say they looked at it, i was exonerated here, he will have clean bill of health. it gives him a wonderful talking point to go into the reelect. i don't think it changes turnout. both parties are absolutely juiced. turnout in 2020 will be record breaking. never have had high a presidential turnout in 2020 on both sides. melissa: that is a good thing. ari fleischer. thank you. connell: you talking about 2020. days are long, years are short. first-in-the-nation iowa caucuses for 2020 are now just 60 days away. we're live on the ground in the hawkeye state for you. that is next. see you in court. the city of newark, new jersey suing mayor de blasio and city of new york. what has he gotten himself into this time? 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>> no, i'm not going to let them take their eye off the ball. the president is the one who committed impeachable crimes. i'm not going to divert from that not going to let anybody divert from that. after you heard me say a lot of times. he is worried about corruption. released 21 years of my tax returns. release some of his. reporter: until today, biden's no malarkey tour. no hunter biden. someone asked about it. the man called him a liar. until today nobody asked that possibly the son profited off his vice press den i is or biten could have abused his office. >> i have spoken to over 2,000 folks in this trip. there is always going to be one. someone told me my, staff told me told you guys i'm the best guy to beat trump? >> said he would still vote for you as democratic nominee. >> god love him. big heart. reporter: so, biden was asked for the first time in a while by a caucusgoer about his son. he was animated. doesn't seem there will be a much of a problem moving forward. connell: god love him. that exchange you referenced has gone viral as they say. it is interesting, you have brought it up in your reporting on the vice president, it hasn't come up but you have to expect it now to be something that's out there at least, now that this guy has put it out there in one of these town halls, right? reporter: right. especially if senators like bernie sanders and elizabeth warren and amy klobuchar all disappear from the campaign trail in the weeks before caucuses because they have to go sit and listen to a senate impeachment trial, if that is what it gets to. of course joe biden, he told me there that he is not voluntarily going back if he is called as a witness. but that doesn't mean that republicans can't subpoena him. that would mean joe biden wouldn't be here either. so, they might not be asking a lot of questions about it right now but they might have questions in january like, where is everybody? connell: where is everybody. except for mayor pete. boy, that would be great for me. interesting race. peter, we'll keep checking in with you out there in the hawkeye state. peter doocy. melissa. melissa: a new sign hillary clinton could be putting her hat in the ring yet again. hillary joined howard stern for the first time after she didn't appear on the show in the 2016 campaign unlike president donald trump took howard stern on his offer, which has some people wondering if clinton is still debating running? take a listen to hillary recounting trump's inauguration. >> i went to the inauguration. one of the hardest days of my life to be honest. i was crushed. i was disappointed. i was really surprised because i couldn't figure out what had happened. >> you hadn't even written a losing speech when you lost that night. you only had victory in mind? >> no. no. everything was pointing in that direction. connell: boy. melissa: didn't ask about epstein though. connell: i didn't see the whole interview. melissa: he didn't. we were combing. dagen was looking. we didn't see. you know, if it was about the campaign, i think he might have asked that. connell: i don't know this means anything about her running. she always has been socal lated in her career, hillary clinton going on howard stern would be opposite indication, she has no intention of running. >> i don't know. anyway. connell: new warning as we continue from the cdc. number of e.coli outbreaks, linked to lettuce, romaine lettuce doubling from a week ago. what you need to know before you head out to the grocery store. melissa: one university is cutting a beloved college sport for costs. could other schools follow? 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(woman) when it comes to digital transformation... verizon keeps business ready. ♪. melissa: gavin newsom slamming pg&e over the utility's insurance deal. the company is nearing a 13 billion-dollar settlement with victims of wildfires including the 2018 camp fire that killed more than 80 people. the california governor wants assurances that pg&e will come out of bankruptcy financially stable. to guarranty there will be enough funds to invest in improved safety practices. pg&e filed for bankruptcy in january. connell: reading the pulse of the economy. november jobs report is out tomorrow morning that will be a big number, of course. it comes as the manufactureing sector lost 23,000 jobs which inspired a the following piece in "axios" today. it is entitled the end of trump's manufacturing renaissance. you may notice at the bomb, written by a guy named deion raboin. as luck would have it. good thing you joined us. >> thanks, connell. connell: at the beginning of the trump administration it was a renaissance as you call it. i believe you say 30 months of this administration manufacturing jobs were going gangbusters but it changed i guess. >> yeah, absolutely. the first 30 months almost 500,000 jobs added to manufacturing sector. this is something president obama said could never happen. he said trump would need a magic wand. somehow looked like he got it. fast forward to 2019 that all has gone away. manufacturing has added 2,000 total jobs this year. as you pointed out the past six months, 23,000 jobs lost. in october, the last time we got the jobs report we saw a loss of 36,000 jobs in the manufacturing sector. that is the lowest, most amount of layoffs or firing in about 10 years. connell: couple things. number un, because of the economy more broadly has done well tiffly well, maybe it doesn't hurt as much. i'm sure supporters of the president would like to believe. we're a services economy after all. that part of the economy hasn't been, hasn't taken the hit that manufacturing has, right? >> certainly hasn't. i wrote about it in the newsletter this morning. the services sector held up above 50, shows it is still expanding, still growing but moving in the same direction as the manufacturing data. it is moving down. you're seeing lower reads on services sector each month as the year has progressed. the other thing i'm hearing from manufacturers and business owners, business is good. people got a lot of orders. they want their products. they're spending so much on tariffs to work around the tariffs they're not making any money. they're not able to invest, making some of those expenditures, on things that would help their business advance. so they're doing the best they can to tread water. they can't hire new people because they don't have the money but can't get rid of the people they have. at some point this has to break one way or another. connell: the bigger problem, i think the one you identified there, the biggest problem i think from talking to some ceos and others that lead in industries is the planning. they don't want to commit to something because they're not exactly sure how next year looks. now i know you're a markets guy. there are political i amcations. i was thinking to peter does's report from iowa. that is state hurt by manufacturing or trade or forming, and the like. even in those areas hurt you argue by the president's policies. doesn't necessarily mean they have turned against him. many have been quite loyal which is the data shows. that is interesting dynamic. >> absolutely. that is something we're hearing for quite some time, they hate the trade war but they love trump. they feel like trump would take on china. when this is all over they will come out on the other side better off because of what he did. the problem is, i think their patience is starting to wear thin. we were supposed to get a deal on the trade war back in march. trump set himself up as the ultimate negotiator. he would get a great deal. if there is no deal by election time, folks say, hey, you know what? bernie sanders, elizabeth warren, pete buttigieg they say they will do this. maybe i need to vote for them so i can stop getting hurt because the trade deal president trump promised hasn't come -- connell: we'll see. dion thanks for coming on. melissa: new york city mayor bill de blasio is in hot water over the city's homeless crisis. this is a little bit unusual. details on this story next. with sofi, get your credit cards right by consolidating your credit card debt into one monthly payment. and get your interest rate right so you can save big. get a no-fee personal loan up to $100k. masterpiece of italian design and performance...s get a no-fee personal loan and about 15 minutes for us to do this. blends right into the italian architecture. no, no, no, no, no. 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>> it is not just newark. we're getting reports that other cities in north carolina may be filing lawsuits. homelessness is certainly a tough nut to crack. this only can be seen as failure of the de blasio administration to figure out any cost effective way of dealing with this problem. it is very sad, very unfortunate, that the best we can do as one of the most wealthy cities in the country can do. unfortunately today we're getting reports that so many people are living in squalor. it's a top to bottom bad situation. unfortunately, it is the mayor's name on the front door at city hall. melissa: he tries to say this was about moving people to places where it is cheaper to live, where they can find a place to say. our shelters are too full. you take them to newark or somewhere else, then they have temporary affordable housing? >> sure, look. i get it. i get why some of the mayors would be upset, why they would be opposed to it. this administration came on six years ago, promising to build more shelters, more supportive housing which has tremendous amount of support, bipartisan support around the state. melissa: whys has 6 hasn't it happened? >> bill de blasio is not master of the state legislature or the city council. he is coming up short. unfortunately he comes up short quite often this. situation has real ramifications for real people. the overwhelming majority of them are in very bad spots. melissa: one of the reasons why he wasn't able to do it because he is not spending anytime in the office. in other news, according to analysis from "new york daily news," bill de blasio spends average 2.3 hours a day actually working on his duties as mayor during his short-lived presidential campaign, that wasn't that much better when he wasn't running for office. he was putting in double that time. so you know, not even five hours. and that was based on his schedule. not like they're logging his time in the office. they're looking at his schedule, how much of his day he is actually spending working on issues related to being the mayor? >> melissa, he is known for taking naps during that time he is even in the office. most people learn the fine art of at least looking busy on their job when they take their first job out of college. he just hasn't seemed to have gotten that under control. governing new york city is very serious. we have a budget and a population bigger than the entire country of ireland. we have more people in uniform than the royal navy actually. so this is a serious commitment a serious time commitment and i know, i speak for democrats and republicans around the city who just wish he would give more interest and time. melissa: real quick, what comes next though? korey stringer who is the person nipping at his heels. he is even more liberal. he is very critical of mayor de blasio. what are the chances somebody comes in that wants to be fiscally responsible and get things together? >> it will be a tough nut to crack to get a republican reelected in new york as one of the republican leaders of this city. i'm hopeful we can but at this point, i will even throw a bone to some of my democratic colleagues, i will take anyone interested in governing the city of new york over someone who is not. melissa: scott stringer. >> korey stringer. melissa: joe borelli, thank you. connell: paris, protests shutting down parts of the city. thousands took to the streets of paris and other cities in france. taking a stance against president macron's plan to reform pensions. the strike halted the majority of the country. it closed the eiffel tower. trains were not running, even schools closed. how does this all impact macron's plan to change the country's pension system. we bring it to david asman. who better to ask. >> who better to ask. isn't the macron the guy lecturing donald trump about taxation the other day? i mean, you know, people who live in glass houses, i don't have to finish that but the point is they have a lot of problems over in europe and france, so often france has become the epicenter. sometimes they do the right thing because they tried the wrong thing and are honest enough to admit it doesn't work, like wealth taxes for example. you remember the wealth taxes? the french had that. liz warren wants to put us all here. they got rid of it there. this strike started, remember as reaction to an increase, i believe it was gasoline prices. correct me if i'm wrong. that is why the yellow vest movement really started t went to other things. i think the unions wanted to co-op movement for themselves and they have succeeded doing so. i wonder what is happening to the french tourist industry? i got to admit if i had to go any place in europe it wouldn't be paris right now. connell: you're probably not alone there. generally speaking, saw tax burdens on france so far right at top of the list. >> the regulations. it is the most business, unfriendly place for business in the world that i can think of. maybe not in the world but at least in europe. connell: i was hoping the opposite of course. borelli took a shot at ireland. ireland has low taxes. what is coming up on "bulls & bears" tonight? >> we have a man who has been through impeachment several times before, jim sensenbrenner. not only the clinton impeachment but several judges as well. he has been to that rodeo. he knows how it ends. i thinks that is different and well tell us why on "bulls & bears." connell: we'll see you at the top of the hour, david. melissa: dropping the ball. one university shocking move to cut costs. it is putting student athletes in limbo plus an american tradition. any minute, president trump will host the 97th national christmas tree-lighting ceremony. we have a live look next. ♪. i wanted more from my copd medicine that's why i've got the power of 1, 2, 3 medicines with trelegy. the only fda-approved once-daily 3-in-1 copd treatment. ♪ trelegy ♪ the power of 1,2,3 ♪ trelegy ♪ 1,2,3 ♪ trelegy woman: with trelegy and the power of 1, 2, 3, i'm breathing better. trelegy works three ways to open airways, keep them open and reduce inflammation, for 24 hours of better breathing. trelegy won't replace a rescue inhaler for sudden breathing problems. trelegy is not for asthma. tell your doctor if you have a heart condition or high blood pressure before taking it. do not take trelegy more than prescribed. trelegy may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain occur. think your copd medicine is doing enough? maybe you should think again. ask your doctor about once-daily trelegy and the power of 1, 2, 3. ♪ trelegy, 1,2,3 woman: save at trelegy.com. o you can provide the help and hope that survivors need. melissa: it's christmastime at our nation's capital, any time, president trump and the first lady will participate in the national tree lighting ceremony, that year's tree dazzle with 54 thousand light, annual celebration includes musical manufactures from jesse james decker, colton dixon and u.s. own marine bandis. connell: jacksonville university is discontinuing the division i college football team exciting high operating for the reason. let's bring in chris smith to talk about it forbes business' sports writer, a second-tier division i. some of them make money but some lose money. i wonder why more schools don't do what jacksonville is doing. >> i think at fcs level if is a different mentality, they go to bowl games, they are basically pro sport teams, but at the fcs leveling football is another sport. tricky thing with football there is i keeping up with "the joneses" mentality. they get in trouble. a fine way -- connell: if you are nou nonscholarship. which this is. they have a great tradition in college football, years ago. i wonder if schools like that, they keep their programs around, i would think because the donors like it, having a team. and does it help with fundraising even if it is not a moneymaker is that maybe why more don't do this? >> think about too alumni base, you have people, and they donate maybe not directly to football team, but to athletic department, they support other programs or they are directing donating to academics, so now you help students by having the football team that encourages alumni to stay with the program. connell: jacksonville, they spend a million a year, a little bit more, a good deal moradding in travel expenses and all that not necessarily counted in numbers. say get rid of it, now they invest in other academic endeavors, i think they are building a new science center and steam program. so, as a university, it is a -- is interesting, what is worth it? if you don't have sports, maybe people don know you as much but if you invest in academics does that make more for them? the better bang for the buck. >> right, they will lose when a million and a half they to in revenue every year. so, you know these numbers are not tremendously big relative to a lot of other programs that are losing money, but toure point, this gives school some flexibility, you can put that money in other athletic programs or academics. connell: revenue, is that attendance driven? they are not drawing people to the games? >> it is really a different business model from an alabama or a michigan, you don't have conference tv deal, you don't have huge alumni fan base, like a third of revenue often from alumni contributing out of their pocket. pocket. connell: interesting story, we'll see if the direction changes, more will drop or they add, chris, thank you. you. >> thank you. melissa: the most advance theme park ride yet, the new "star wars" ride, rise of the resistance opening at walt disney world today. takes riders on a 15 minute journey through sca "star wars" universe. it was briefly shut down today but it is now up and running. i know people who will want to ride that immediately, like you. connell: i was thinking, while you are reading that, talking about it, that actually looks cool. i might not sit and wait in line for the movie, i don't know, i might do that. >> i'm not sure there is enough action on the ride. i like the fast and scary rides, i don't know, we'll see "bulls and bears." david: politics aside, we want to usher in holiday spirit, president and first lady and a host of musical performers getting set to light the national christmas tree, we'll bring you the tree lighting. but first here is what the president was greeted with this morning. >> the facts are uncontested, the president has engaged in abuse of power undermining our national security, and jeopardizing the up the integrif our election. david: a dramatic show down, speaker nancy pelosi and democrat take a step today toward impeaching the president, this is "bulls and bears," thank you for joining

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