Germany ahead of the g20 summit. Police firing Water Cannons with other lesh measures to gain control of pretty rowdy crowds. President trump and World Leaders arriving on growing threat of north korea, world trade. Situation in syria. The tomorrow the president will have the first facetoface visit with Vladmir Putin. We will be following all of these protests bringing you developments throughout the hour. Melissa back to the markets. Dow sinking for the second day driven lower by shares of general look trick, intel, and merck. Nicole petallides on floor of new york stock exchange. Talk to me about the selloff. General electric with the lowest close since october of 2015. Were seeing pressure across the board. President trump with tough talk with north korea really spooked markets. Adp jobs report, private payroll, stocks are down. Dow is down 156 points. Nasdaq down four of last five days. It is down 1 . Russell you mentioned earlier, big selloff there, in fact seeing falling the most since may 17th to be precise on the russell. Taking a look at the vix, that is fear index, that fear gauge. That spiked up. In fact for highest close since midmay. Were seeing that higher by about 13 1 2 . Tesla, a name that really grabs wall street attention, great performer, big winner, you know what . Today down 5 1 2 , its worst Weekly Performance since september, hovering near bear market levels. Needs to close below that, 20 below its alltime high of 383. That would not be bear market territory officially. Officially it may feel like it to some. Down about 18 bucks. Back to you. Melissa nicole, thank you so much. David protests grow up ahead of the g20 meeting in germany, turning violent as geopolitical concerns and downturn in tech weighing on the markets. Lets bring in todays panel. Scott martin, kingsview asset management, Fox News Contributor and dan mitchell from the cato institute. Scott, what is it . Something spooked market. Some people say the central bank, g20, what do you think . All of the above, david. Nonfarm payrolls number. We have a string here relatively week data. David, the market coming into this year, certainly as we get into the spring and summer expect Economic Data to pick up. North korea starts to pipe up. We have a little dissension at g20. Mix that together with what im hearing will be a weak jobs number tomorrow, you have a reason for stocks to take a pause here. David dan, our economy is slower now. What im grad not over in germany is the economic team. As far as i can tell, steve mnuchin, dan cohn, rest of them are on fully on board with tax cuts. That is what we need to get the economy being canning, right . No question, tax reform, whatever you wan to call it tax cuts, would help the economy. Republicans cant figure out who is on first, what to do. They have the border adjustment tax in the house. They have the white house not really sure what they want to do. The senate of course is doing nothing which is their usual pattern. I think a lot of people are getting very worried, wait these guys are not serious controlling burden of government spending. David that is the theme of the hour. Well talk about that throughout the hour. Melissa. Melissa very interesting. President trump taking the time to focus on the economy during a visit to poland earlier today. The stock market is at an alltime high. We picked up in market value almost 4 trillion since november 8th, which was the election. 4 trillion. That is a lot of money. Personally i picked up nothing, that is all right. Everyone else is getting rich. Thats okay. Im very happy. Melissa [laughter]. Although, dan, you can tell it sort of sticks in his craw. Im not totally convinced he is really happy is is is not in the market. It does hurt you when you see other peoples portfolio going up and youre not in it. What do you think . I suspect donald trump is probably doing okay, for no other reason lobbyists in washington want to stay at his hotel to curry favor. Melissa that is true. That is a great point. Scott, what do you think . Hilarious comment i think. We catch up to what Donald Trumps riches are. Look at markets and economy built up on the hope and prop miss. I dont want to involve my relationships in past but i will. A lot of things i did wrong based on hopes and promises that is what this market binges on. If those fall short as dan mentioned in opening comments that is terrible for stocks. Melissa that might be more than we needed to know about scott. David wild card in 85 billiondollar megamedia merger. White house discussing possibility of using time warner at t merger as potential point of leverage over cnn this according to report in the new york times. Also the New York Post is reporting on this. Dan, regulators allowing their personal prejudices to get in the way of mergers . That has never happened before, has it . It happens all the time. This is one of the reasons why, call me a crank sy libertarian i dont like antitrust laws, particularly because politicians and regulators and bureaucrats will use those laws to rewarded their friends, punish their enemies, raise campaign contributions, get the government out of the business of business. Just have an open entry for all competitors. That is with will protect consumers. David that sounds good to me. Melissa. Melissa doubling down free cash for everyone, oh. Facebook Ceo Mark Zuckerberg again praising universal basic income during his trip to alaska. I mean, come on. A state that pools oil revenues in order to out cash to residents. Zuckerberg writing quote, it comes from conservative principles of Smaller Government rather than progressive principles of larger, safety nets. This shows basic income is a bipartisan idea. David what . Melissa scott, i mean. They have lost their minds. Depends, all those billions i guess he has, melissa gone to his head. He is welcome to share those with everybody he wants in alaska. Heres the thing. Basic income scares me for a lot of reasons. Takes away incentivizing out there for Small Business, capital is lick society, creates dependency and need. Governments love this, because it creates dependency, therefore control. That is what he is after here. That is what governments are after with all the welfare programs. That is where it gets scary. Melissa dan, once again proves my favorite point, that the left and the democrats is the party of super wealthy elite. People just like him. He is pushing these extreme progressive democrat agenda. He is a billionaire. The party nancy pelosi, what do you think . Well, i agree with what was just said. Let him give away his own money before he gives away others. Instead of going to alaska i wish he would have gone to switzerland, voters by 7822 voted against basic income, the swiss, unlike zuckerberg are sensible. Melissa maybe he should finish college. He could do that too. Thanks, guys. Thank you. David making your first billion before youre 30 has consequences. Is it softens the mind what the real world is really like that. Is part of it. Melissa Democrats Party of the 1 , billionaires party. David nancy pelosi. Rest of them. Cracking down on Illegal Immigrants. Texas attorney general ken paxton threatening to sue the white house on behalf of 10 states, if more action isnt taken. He will join us later in the hour to explain. Melissa President Trump covering a lot of ground with World Leaders today can after making a powerful speech in poland. David the president is now in germany, ahead of the g20 summit. The protests begun and they are growing as clashing with the police is getting violent. Well take you there live. Plus sebastian gorka, Deputy Assistant to President Trump what is being discussed behind closed doors when it comes to deal with russia and north korea president duda and i call on all nations to confront this global threat and publicly demonstrate to north korea that there are consequences for their very, very bad behavior. Deartheres no other way to say this. Its over. Ive found a permanent escape from monotony. Together, we are perfectly balanced. Our senses awake. Our hearts racing as one. I know this is sudden, but they say. If you love something set it free. See you around, giulia wheyou wantve somto protect it. E, at legalzoom, our network of attorneys can help you every step of the way. With an estate plan including wills or a living trust that grows along with you and your family. Legalzoom. Legal help is here. Greatgranddaughter of benjamin rush. H he was actually the only medical doctor that signed the declaration of independence. 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Here making debut as Fox News Contributor on the Fox Business NetworkJason Chaffetz, former congressman from utah, former House Oversight committee chairman. Congressman, what do you make of this gathering and violence and destruction were seeing . You see it every time World Leaders get together. I dont make too much of it. German officials know how to control it and squash it down. Hey, people have the right to protest. You just dont want to see it turn violent. Melissa they do, but at the same time, theyre destroying a ton of property. There is protesting, having your voice heard and organized groups have people go out in masks with bats and destroying property or Small Business owners anyone out there trying to live their lives . Unfortunately you have people out there that dont like capitalism. They dont like the fact that there are markets out there. They see the world a very different place, often times you see those preaching most tolerance as ones are the least tolerant. They tend to be the most violent. Ben, i think authorities are on top of this. I feel for cities. Regular joe to has to store and a shop and a place. Then you got those hooligans come along say it is okay to destroy property. It is sad that way. Melissa all happening ahead of a key meeting between President Trump and Vladmir Putin tomorrow. Earlier today the president calling out former president obama for knowing about russian meddling in the u. S. Elections and not doing anything about it. He did nothing about it. The reason is he thought hillary was going to win, and if he thought i was going to win he would have done plenty bit. That is the real question why did he do nothing from august all the way to november 8th . Why did he do nothing . His people said he choked. I dont think he choked. Melissa so congressman, this is, you know, based on a story about his folks within the administration saying this, saying they choked, they should have stepped up and done something. What do you think . Well i think President Trump actually has a very legitimate question. Remember it was Homeland Security secretary who testified, i think it was trey gowdy questioning him saying why, why didnt you do something . The basic answer was, well democrats, Debbie Wasserman schultz and the like would not allow them to get involved and engaged. I do think, it is just a guess, that the underlying premise here was Hillary Clinton was on a glide path to become the president. Didnt want any disruption. When you have meddling, potential meddling into an election in the system, they got to do something about it. Not say, hey, nothing is happening here. Melissa not only did they not do anything, they didnt say anything. It wasnt until after President Trump was elected and president obama was leaving office he started to make the comments and leave sort of this bread trail. He kept saying watch russia. Well talk about russia. Russia was involved here. If you look back in retrospect the at his comments, he was drooping all the huge dropping all these huge hints. He could have said exactly what happened. He left a doubt and tried to delegitimatize President Trumps victory. Clearly, now President Trump, when he was a candidate he dominated. He won 30 out of 50 states. He was even president obama who went before the world and cameras, even if you want to meddle with these elections you couldnt do it. It begs the question, what did the president know, when did know it, and why did he leave little hints afterwards there was russian involvement . Melissa what do you think the idea of President Trump confronting Vladmir Putin bit as they meet next couple days and meet tomorrow . Does it make sense . He already denied it. It would be a short conversation. No i didnt do that. Where do you go from here . North korea, syria, iran. A lot of issues, russian aggression in crimea. Vocalizing our support for poland, those in Eastern Europe are really tier one eschews. I do think a lot of people on both sides of the aisle want to see President Trump at some point really make a strong Public Statement to the russian president about how intolerable it is. They can not let it happen again. David lets bring it back home, if we can, congressman. Republican president and Republican House and senate cant seem to find enough unity to pass anything together. Is that going to change, congressman . It better. Republicans ran on two basic premises, they would repeal and replace obamacare and other was get tax reform done. The clock is ticking. Some people said that was july 4th deadline. I thought this was an artificial deadline. Going into the august recess, that has real teeth to it. I think they actually node to get one of these two out there and certainly by the end of the year turn the corner into 2018 saying we accomplished one of the two major, if not both major initiatives. David congressman, what do you think is to blame . Because unless we know what to blame, we dont know what to fix. Is it the swamp . Is it all lobbyists and other swamp creatures inside of the beltway have something to hang on to, dont want to change . Just the fact conservatives are tougher to corral than liberals . What . You have nearly 300 cooks in the kitchen. You also, had a surprise, i dont know anybody thought donald trump was actually going to win. We were told from our leadership there in the house that hey, get ready, well frontload the january schedule because by the time the president comes into office we want to sign the health care bill. I mean, it appears into july that obviously fell a little bit short on that, missed the timeline. Still havent been able to get some cohesiveness, enough cohesiveness to actually hit deadlines. David im wondering if it is person as well . Donald trump did come into office saying he would bury the establishment, that included Establishment Republicans . I mean people like mitch mcconnell. You wonder whether there is sort of a payback thing going on with trump here . No, i dont think i think all republicans really in the same boat. They all campaigned on it. In the house i came in same time as barack obama. David push back a little bit, congressman, bass some people like senator portman, couple exam millions, writing in the wall street journal we have to cut entitlements. We cant expand medicaid anymore. Medicaid expanded enormously last couple years, rob portman wants to keep it that way. They have changed. Now it is for real. You can almost look back at 50 plus votes or 60 votes i took in the house of representatives to repeal obamacare. Now when it is for real, you can actually get the bill to the president s desk they cant even bring it up for a vote. You know, now it is for real. Not just pretend talking point you want to use in a campaign ad. David Jason Chaffetz. Good to have you with us. Thanks for having me. David look forward to having you again. Thank you. Melissa president you now in germany ahead of the g20 summit where protests and riots are growing. Sebastian gorka, Deputy Assistant to President Trump is here with his take. That is next. Liberty mutual stood with me when this guy got a flat tire in the middle of the night. Hold on dad. Liberty did what . Yeah, Liberty Mutual 24hour roadside assistance helped him to fix his flat so he could get home safely. My dad says our insurance doesnt have that. Dont worry i know what a lug wrench is, dad. Is this a lug wrench . Maybe . You can leave worry behind when liberty stands with you™. Liberty stands with you™. Liberty mutual insurance. 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