is this about the treasury market? >> it's a little bit about everything. i mean volatility is bark. we've seen that since late last week into this beak. it has been a most wild ride yesterday and the day before. the biggest number one and two point swings ever in history. so the volatility in equities is back. some has a correlation to what we've seen in treasury yields. we've saw them pull back a couple days today, moving higher. we had the budget approval. that brought uncertainty, billions of dollars to be spent over the years ahead. took us off the earlier highs. in the morning just like yesterday we started off to the downside. less dramatic. same pattern. we're down 12points -- 127 points at open. in the end we flat-lined. we're down 19 points. we nearly lost 400 points of gains. that's too bad because we obviously seen a run-up. the big picture volume is here, volatility is here. we have to digest some moving parts. treasury yields don't always have inverse relationship to stocks. and in this case today it did put pressure on equities overall. we saw some of those names coming under pressure in technology and energy overall. facebook, microsoft, apple, google, all to the downside. back to you guys. melissa: markets did not like the potential budget deal because there is so much spending in it. spending, that puts pressure on borrowing, all kind of things there. i don't want to fail to mention that. nicole, thank you. absolutely. david: jeff, oil tumbling more than 2 1/2% today to settle at new four-week low. i have got to mention gold. we don't individual on the screen. that is down double digits today. gold is usually one of those places where money goes when the markets are not doing so well or are fluctuating as these have. not so today. what is going on? >> that may be a piece of good news, dave. i think some of the traders have indicated number one, that people weren't as panicked as you might think, if they were panicked they would be getting into gold. some people may have lost money in the stock market and sold gold to cover losses that is the theory from traders down here. on the oilside, this is nothing to do with the market this is all about inventory. the government today with an inventory report that said there is more oil in storage than we lost. that drives down prices. so oil, you know, down with the market earlier, but today, most of the day the market was up. the stock market that is. and so oil, you know, down because of the fact they think there is more oil in storage. we leave you with the dollar. by the way, i'm standing with the euro-dollar options pit. there has been tremendous volume, i say euro-dollar, a lot of people don't realize, the euro-dollar options pit is essentially interest rate futures in europe. anytime you talk about interest rates and inflation, this pit getting a lot of action. this is what is been a busy day in the european futures interest rate market. david: torn paper indicator. always full-proof. jeff, thank you very much. melissa. melissa: striking a budget deal after a bitter battle. the senate has finally reached a two-year budget deal. what's in, what's out? will congress avoid a government shut down? adam shapiro is with us. what can you tell us about this deal. reporter: this is not a budget deal, they have agreed to raise spending caps. they have to do appropriations. they will raise spending caps for discretionary spending and military spending, that alone would add $300 billion more to the national debt. they will have to borrow to get this money. that is the beginning. they have to attach it to a continuing resolution to get us past the funding deadline tomorrow. what does the deal do? provides a spending cap increase for military and domestic spending. provide as clear way for veterans funding, disaster relief, opioid, drug abuse treatment funding and clearing the path for infrastructure spending as well. all in all it, would raise the debt ceiling two years out. so the government could borrow additional one trillion dollars to 1.1 trillion when all said and done. those are the parameters what is happening in the senate. assume the senate passes it. it still has to pass the house. if they were to vote it on it senate and pass it to the house, the house could because it has same day authority could accept. fiscally-conservative republicans said, oh, no, i won't use the word, the one said he would be h-e-l-l no on it. this is what jim jordan said to do. >> my guess freedom caucus members will vote against it and other members as well. >> [inaudible] >> that depends on pelosi. reporter: if freedom caucus republicans won't approve the plan from the senate, that leaves it up to the democrats to join republicans who would vote yes, to get this thing passed. exempt you're watching nancy pelosi on house floor right now, she is in her sixth hour of reading letters from immigrants and daca students. those were children brought here illegally now adults in the "dreamers" program. she is reading letters, unless there isesome kind of deal in the house, to bring forward vote on immigration reform, specifically the daca plan, to give these people a path to citizenship, she will vote no and tell her members to vote no. which would mean the government would shut downs because they would not have agreement to go forward to march 23rd. you follow all of that? melissa: absolutely. breaking news, 21st century parent company of fox business is reporting second quarter results. let's go back to nicole with the numbers. >> taking a look, twenty-first century fox, the stock is up 2 1/2%. a beat on both the top and bottom lines. earnings per share, 42 cents, beat 38 cents expected. revenue, 8.04 beat the 7.94 billion that was expected. programing revenue beating 4.4 billion. that came in more than expected than the 4.36 billion. the disney deal, seeing that coming in 12 to 18 months. that is obviously a huge one. 52.4 billion for that particular deal. disney struck a deal to buy film, television, international businesses from twenty-first century fox. that is $52.4 billion deal. they see that happening 12 it 18 months. last is the sky transaction, regulatory approval for june 30th, 2018. all good news the stock is showing it up after the winning 52 weeks. melissa: nicole, thank you. david: go back to the budget deal worked out between the senate and the house. in washington they're all cheering because it looks like at least the senate side has a deal but a lot of folks outside the beltway are not cheering. ben stein is an economist, former speechwriter for former presidents nixon and ford. he is author of the capitalist code. and i am proud to say a brother at "wall street journal." ben, thanks for being here. >> an honor to be here. david: there is not a deal yet, the house may, some conservative republicans who are not so happy about spending all this money, a spending cap that is now, i don't know how you can call it a cap because it is $1.1 trillion they will be allowed to spend according to the senate. there seems to be zero concern about any economic effect of spending to your heart's content by these politicians. do you have zero concern? >> i don't have zero concern but i think this is one of the best deals i've seen come out of congress in my entire lifetime. that is a long lifetime so far. i love the idea they're busting sequester caps on military spending. we need more military spending, even it takes raising national debt, eventually raising tax, even if it takes raising domestic spending, even if it takes raising entitlement spending we need adequate defense. that is more important than anything else. adam smith, father of economics said, defense is greater than on pew lens and defense is the ultimate. if we're truly going to say we're busting through the defense sequester caps and let the military have what they need to defend america it is a great, great day for america. david: ben, even if you buy all of that, it still has economic effect. when you're borrowing that much money it means you're putting more bonds in the market. tough raise interest rates in order to get buyers to buy all those bonds. >> i'm not sure that is true. david: that would raise inflation. you know more about this than i do. go ahead. >> with all due respect the primary buyer could easily be the federal reserve. they can write a check for anything they want. doesn't have any see effect whatsoever. david: forgive me i thought the federal reserve was unwinding their bond holdings. >> that is day-to-day thing. they are made up of human beings. they change their mind like anything else. if the president or defense secretary says we need you to buy some these bonds, they will sell the bonds. it is very, very uncertain what connection very, very small rise in interest rate an movement in the economy. definitely a link with the stock market but with the economy, not so much. it is not clear at all. we have very, very great periods where we had enormous increases in interest rates and great prosperity. the main thing is, we must defend this country. but may i raise one other point to you, my old and dear friend. david: please. >> there is a lot of money in there for opioid addiction. what the heck are they going to be spending that money on? what the heck is all that money go for? david: that is a feel-good program. as you know and i know, we spent a lot of our lives documenting waste and fraud in these programs. >> the fraud in these programs is unbelievable. it is unbelievable. david: it could be the most altruistic reason for spending money but the way it eventually comes out is in such a wasteful and fraudulent fashion that it is a scam on the taxpayer. >> it's a major scam on taxpayers. there is only one thing in the whole world that works on addiction and that is a 12-step program and it's free. and idea that we're going to be pouring billions, tens of billions of dollars into this opioid system it is just nonsense. it is just a way of taking criminal entrepreneurs and making them rich. david: ben, we have some breaking news. i just got to ask you one question. we are hearing more information about the way in which the fbi was used for political purposes to try to keep trump out of the white house. very quickly, your reaction? >> i think we've seen a frightening, terrifying example of deep state acting against the interests of citizens, against the constitution. i wonder how far back it goes? i wonder if deep state was involved getting rid of nixon too. deep state, that is the bureaucracy out of control, working arm in arm with the mainstream media. that is terrifying phenomenon. david: great to see you, ben stein, my friend. take care of yourself. >> great to see you, sir. david: breaking news on tesla. they are reporting their fourth quarter results. go back to nicole with the numbers. >> the stock has been very volatile. it is now to upside. there is miss on results for earnings per share. a loss of $4.01. the estimate was a loss of $3.12. revenue beat slightly, 3.29 billion. the interesting thing what they're saying. looking 25% gross margin on model 3. they expect the production to stablize by end of the quarter to 5,000 models per week. that is what we've been waiting for. they expect that to happen by end of second quarter. they plan to this year attain true cost parity. energy storage will be area of substantial growth. the thing that spooked the market, model x will be constrained because of supply of cells. that was not necessarily good news. big picture, the stock is really moving around a lot. right now it is up 3/4 of 1%. david: amazing. they have a tesla going up in space right now. we didn't talk about that. thank you very much, nicole. melissa: the dow turning negative in final moments of trading. let's bring in our panel, jonathan hoenig from capitalist pig hedge fund. he is fox news contributor. jason rotman from lido isle investors. jason i will start with you. we saw the market react to all of the spending and keeping an eye on treasurys, what is going on with interest rates. is that the pattern we're in right now? >> i think that is one element of the pattern that we're in, we're totally correct in saying that the bond market more specifically reacted to new deal with extra spending and what not. if you see yields really rocked it higher today quite a bit, which is unconventional, when there is fear in the stock market. the bond market is typically safe haven. investors are getting out of bonds. they're more fearful holding stocks. as janet yellen conveniently pointed out on sunday before the 12% correction, thank you, janet. melissa: i don't know if that was coincidence. >> yeah. melissa: jonathan, what do you think. i actually don't, she was dove forever and ever. now the chickens will come home to roost it seems perhaps. what do you think is the pattern that we're in right now? >> i think the trend has changed, melissa. today as you mentioned, some massive swings, the dow ending actually down. my takeaway as old saying when elephants are dancing mice get trampled. we're seeing tremendous volatility once again but still the underlying trend in my opinion, well, objectively is down. 49 new 52-week lows. almost, excuse me, 49 new fifth week highs. almost 100 new 52-week lows today. more stocks doing poorly than doing well. given those higher rates i think time for investors to sit on their hand instead of keep catching falling knives. melissa: jason, underlying all of this is a growing economy and it is stocks, who these companies, their profits are going up as wages are going up and consumers are spending more. i mean underneath all of these moves is a return to health. >> i agree. i agree. and that is why when i went on this fine fox business network a few days ago when the market was really melting down, i said this is the best buying opportunity since election day when donald got elected which precipitated the huge rally. with that being said, we are literally entering a brand new rising interest rate environment. that's the only thing, i know everybody is talking about. they should be. that is the only x factor. if rates continue to go up, home prices, mortgages are going to go up. people will be more incentivized to save money, which is not a horrible thing. it could slow things down a little bit. melissa: jonathan, jason, thank you. got to go. thanks, guys. david: most stocks were down but you may be hard-pressed to hear about any of the gains on these major market movers on major broadcast networks. they have of course were focused on. [no audio] melissa: involvement of then president obama. david: we are going to have more on that bipartisan budget deal that was reached in senate. is this what is in the best interest of the country and the markets? will it pass the house? florida congressman frances rooney joining us next and later in the hour we'll hear from former george w. bush senior advisor karl rove. >> this spending bill is a -- i'm not only a no, i'm a hell no. ♪ how do you win at business? stay at laquinta. where we're changing with contemporary make-overs. then, use the ultimate power handshake, the upper hander with a double palm grab. who has the upper hand now? start winning today. book now at lq.com. mom'#stuffynosecold #nosleep #mouthbreather just put on a breathe right strip it instantly opens your nose... up to 38% more than cold medicine alone go to breatheright.com today to request a free sample. soi want you to pick a newr truck for your mom or dad, knowing that they could possibly pass it down to you one day. oh. cool. but before you decide, you should know that chevy silverados are the most dependable, longest lasting full-size pickups on the road. which means that ford f-150s are not. (giggles) which truck would you pick? the chevy. there you go. boom. that was obvious. plus it looks cooler. no doubt about it. now they know what to get me. two,that was awful. why are you so good at this? had a coach in high school. really helped me up my game. i had a coach. math. ooh. so, why don't traders have coaches? who says they don't? coach mcadoo! you know, at td ameritrade, we offer free access to coaches and a full education curriculum -- just to help you improve your skills. boom! that's lesson one. education to take your trading to the next level. only with td ameritrade. we use so why do we pay touters thave a phone connected. when we're already paying for internet? shouldn't it all just be one thing? that's why xfinity mobile comes with your internet. you can get 5 lines of talk and text included at no extra cost. so all you pay for is data. choose by the gig or unlimited. and now, get a $200 prepaid card when you buy an iphone. it's a new kind of network designed to save you money. call, visit, or go to xfnitymobile.com. melissa: senate agreeing on a long-term budget deal to avert a government shoulddown. it is facing a road block in the house as democratic minority leader nancy pelosi says no deal without a daca fix. we have jim rooney, economic committee member. what is your take going on here? last i saw, nancy pelosi says she is not yielding the floor back. >> i wonder if she wants to go 0-2 to use a baseball analogy. we found out the american people want to keep their government funded more than they care for daca. melissa: she was put sort of in a corner when the president said that, you know, that he would give a path to citizenship for more daca people or children, adults than originally thought. all of a sudden she seemed to be on the wrong side. she is willing to take a big stand, in order to show that she is the most passionate about daca? >> i think this thing is so specious and political this makes my stomach turn. there is already been a couple of different arrangements worked out with kevin mccarthy, senator feinstein, to have good border security, to have ending chain migration and diversity lottery in exchange for an extension of the daca program. i would, sometimes i think these democrats want a straight up vote on daca so it will lose. melissa: the market did not react well to your deal today. i am sure you saw, it lost a whole lot of steam. it looks like a ton of spending. democrats and republicans are maybe coming together but it is to bust through a lot of caps and spend a lot of money. obviously for people who are focused on money, it is a very worrisome sign. what would you say to that? >> i definitely think we're out in thin air on amount of government debt. i'm sorry that president obama ruined our military to fund a massive increase in entitlement programs and food stamps and all of that. i hope we cut them back. we have to get our military readiness back in action. you know we have the smallest navy since world war world war ? while china is plowing up the south china sea. melissa: we have heard all of that. we're sympathetic to all of it. there is a concern how much money this country is spending. when left and right get together it is to spend, not cut elsewhere. how will we hold out hope there will be cutting somewhere down the line somewhere else. >> if it were up to me i wouldn't have 60-vote deal and wouldn't pander to democrats that want to spend money all the time, would enact cuts that the better way plan called for. but it is not up to me. melissa: what do you think happens from here? >> this is pretty given trade given dire, sad circumstances you're talking about. what we gave up to get military is money for opioid crisis, whether it will be spent correctly or not has ben stein was talking about, there is going to be money for opioid crisis. that is politics. 20, for infrastructure pay down what trump said he would do. god knows our infrastructure is crumbling under refight. money for disaster relief even conservatives voted for. melissa: congressman, thank you for your time. >> thanks for having me on. david: we're getting down to the wire. the senate comes to agreement on a budget deal. why is the nancy pelosi talking non-stop for six hours straight? what is her real objective here? karl rove with his take coming up. ignoring the market run-up, but highlighting the market decline. howard kurtz next on the mainstream media coverage of the stock market drop. stick around. ♪h i mean you can't have low cost and be full service. it's impossible. it's like having your cake and eating it too. ask your broker if they offer award-winning full service and low costs. how am i going to explain this? if you don't like their answer, ask again at schwab. schwab, a modern approach to wealth management. david: breaking news, former general electric ceo jeff immelt is named athenahealth care board of directors. immelt succeeds jonathan bush as chairman. melissa: one dow downturn and the media goes wild. new media research center study, network news spent a lot more time on the fall than the rally monday night. abc, cbs, nbc, covered a dramatic dow drop, nine minutes, 40 seconds when it rallied to close up 500 points. the coverage lasted 4 minutes, 58 second. we have howard kurtz, fox news media analyst, author of the book, media madness, donald trump and the war over the truth. what is the truth with this one? what do you think? >> i have to say the 1175-point drop on monday was pretty dramatic. it was breaking news for everybody, following that 600 point drop the previous friday. so i'm not stunned a 500 point climb back didn't get as much coverage. what struck me though the way in which we talk about this, the way in which the big decline coming after what, 8,000 points higher on the dow, was suddenly being tied pretty closely to president trump. melissa: no, i mean, it was really way it was characterized. it is sort of on the rise up, when you had, i mean, record after record after record, after record, and he was claiming credit for it, you did not hear about that. but on the way down, if you claim credit on the way up you claim credit on way down. here is the story. >> i said it many times on the air, said it on your show, presidents get more credit and blame than they deserve for gyrations of market, as the dow was going from 18,000, once it broke 24, 25, 26,000, if it had plummeted by 8,000 points, it would be called the trump recession, trump bottoming out. all of that we saw that happen on friday and monday, suddenly a number of analysts, some were fair about it, but a number of analysts who didn't really see any role for president of the united states in this tremendous run-up, in wake of the tax cuts suddenly were saying he shouldn't talk about the market. big political mistake. all that. melissa: there was one commentator who went out bravely into the fold in order to straighten out misguided people. let me show you a clip of that. >> viewers are millenials. they come in, say, should i be in the stock market, should i do a 401(k) yeah? would you rather bet on great american companies or would you rather just hide your money under a mattress? >> i'm going to say mattress. am i right? [laughter] >> i mean give trevor noah credit, he tried to. that was yesterday on the way back up. and he did try to demystify what was going on a little bit by having our own beloved liz claman on. but that was, pretty much the exception. >> liz is a star. she gets to go on "the daily show" and explain the market to millenials, who mostly watch the show. melissa: yeah. >> look, there is a lot of nuances here as you guys know. you deal with it every day, all forces move market expectation, profits and of course, you know, federal government policies. i never say the president trump should get all the credit. if you're going to basically kind of cut him out of the script on the way up, a little too convenient suddenly hang it around his neck like an albatross on the way down. melissa: i'm willing to bet tonight, what is going to dominate, what will be more on memogate, all of the other stuff that is going on, that has to do with the fighting back and forth, but rather the focus on this big, you know, i won't call it the budget because it is not a whole budget, but busting through the spending caps to try to make headway. at same time, it is fair to say spending to most people is boring. they want to hear about the more about the backbiting s that true or is that a misperception? >> what is boring to the media is agreement bipartisanship. if senators make a deal. it is story for six hours. by tomorrow, it will be memos, russia and other -- melissa: russia, russia, russia. >> russia, russia, other controversies sure rounding the president. we ought to give credit when republicans and democrats come to compromise. there is a lot of spending there. melissa: howard kurtz, thank you. >> good to see you. david: i'm not always that happy when politicians agree with each other. melissa: they agree to spend more. that's it. david: we end up paying more. more tough talk to pakistan. president trump cutting aid to pack ton until they do more to fight extremism. we have the man running for prime minister of that country. he is coming in to talk to us. plus, bias at fbi. new messages raising more questions about obama's potential involvement in the hillary clinton email investigation. charlie hurt, "washington times" opinion editor sounding off coming next. (siren wailing) (barry murrey) when you have a really traumatic injury, we have a short amount of time to get our patient to the hospital with good results. we call that the golden hour. evaluating patients remotely is where i think we have a potential to make a difference. (barry murrey) we would save a lot of lives if we could bring the doctor to the patient. verizon is racing to build the first and most powerful 5g network that will enable things like precision robotic surgery from thousands of miles away. as we get faster wireless connections, it'll be possible to be able to operate on a patient in a way that was just not possible before. when i move my hand, the robot on the other side will mimic the movement, with almost no delay. who knew a scalpel could work thousands of miles away? ♪ he gets the best deal on the perfect hotel by using. tripadvisor! that's because tripadvisor lets you start your trip on the right foot... by comparing prices from over 200 booking sites to find the right hotel for you at the lowest price. saving you up to 30%! you'll be bathing in savings! tripadvisor. check the latest reviews and lowest prices. melissa: volatility continues here. here is another check on the markets. take a look at this chart. once again last minutes much trading where you're seeing all action. that is when you got to watch. dow dropping into the close to end down 19 points after we had been up 381 points earlier. all three major averages ending slightly lower. >> i do not talk to fbi directors about pending investigations. we have a strict line and always have maintained it. i guarranty there is no political influence in any investigation conducted by the justice department or the fbi, not just in this case, but in any case. >> she will be -- >> full stop, period. david: president obama making absolute claim in april 2016, that he never had any contact with the fbi about any investigations. well then today, fox news reveals the following text between two fbi officials, peter strzok, writing quote, there you see it. tps for d? yes, because potus wants to know everything we are doing. potus is president of the united states. we have now charlie hurt, "washington times" opinion editor and fox news contributor. charlie, potus wants to know everything. it appears somebody here is lying. either it was president obama or peter strzok and lisa page. who do you think is lying? >> i don't know, but at the very least there are people have serious questions to answer, and i suspect, because of course the date of that marvelous interview with chris wallace was april. the date of the text is in sent of the same year. david: right. >> at the very least what it proves that president obama, because obviously, andrew mccabe is not going to -- i don't think the lie occurs right there with that text. i think clearly andrew mccabe asked for talking points, tps, asked for talking points because he was asked to brief the president on an investigation. we don't know what investigation. there is no doubt that while you know, that occurred after that statement, that president obama made it is very clear at the very least, at the very least president obama went back on his word of what he said to chris wallace. david: at very least. but the key here, i think somebody has got to interview peter strzok and lisa page under oath. >> absolutely. david: to find out what actually happened. what kind of information was being exchanged between the president and the fbi. >> at the very least there need to be serious questions answered. and when you step back, and there are all these complicated moving parts going on, you have questions about the fisa court and how that was handled. you have questions about the unmasking of people. you have questions about the clinton email investigation. these are all separate issues. but when you step back, when you step back and consider all those, then you move in and you read these text messages and you realize, just how much the people that are doing the investigation, the people who are supposed to be fair and honest and decent here, how much they despise donald trump, they want to do anything to stop them, how -- you can't have faith in any of these things. david: another question about faith concerns the democratic memo which is probably forthcoming. i don't know if you have any late-breaking news on that but if the president approves its release but there is this trump trap that is talked about quite a bit where adam schiff, he has been in intel quite a while. he knows what is redactable and what is non-redactable. that he put stuff in the democratic memo he knew would have to be redacted because now he can claim that if it is redacted, it is censorship. it is president trying to cover up what is in the democratic memo. is anybody on to this game? >> david, what is so disturbing about that, is the fact that it reveals just how unserious these people are about trying to get to the bottom of this. there are good questions that need to be answered. they're absolutely, completely not serious about getting to the bottom of them because they want to play these stupid political games. i wish donald trump would, and i absolutely believe that is exactly, they intentionally put those things in there because it would make the president look bad or republicans look bad, i wish president trump, said this is extraordinary situation i want to put everything out there including the original fisa warrants, everything we'll put it out there. david: what have you heard? is there a chance we'll do that? >> there is some possibility, but blow back from doj and fbi would be immense and democrats would be extraordinary. i think the american people could handle that. david: but he has authority to do that? >> he does have the authority to do that. and especially if republicans in congress are with him on it but, i don't, but i think the cater walling that you will hear from democrats and doj and fbi, those people, because they all want to protect people. david: charlie hurt, from "the washington times." good to see you. melissa. melissa: looming deadline on immigration. enough partisan politics. how do our nation's leaders come together to finally work out a deal? we're asking someone with a few solutions. we're asking karl rove, former senior advisor to president george w. bush is going to respond. you owned your car for four years. you named it brad. you loved brad. and then you totaled him. you two had been through everything together. two boyfriends, three jobs... you're like nothing can replace brad. then liberty mutual calls... and you break into your happy dance. if you sign up for better car replacement™, we'll pay for a car that's a model year newer with 15,000 fewer miles than your old one. liberty stands with you™. liberty mutual insurance. melissa: the future of daca remains unclear right now despite senate leaders coming to a bipartisan agreement that will fund the government for two years, whoo-hoo. it makes no mention of daca or border wall which president trump says is a must for any immigration deal. time is running out too. karl rove is here. former senior advisor to president george w. bush and a fox news contributor. karl i had the bright idea putting you on the spot asking you if you want to get this logjam moving, seems like there is a little bit of movement in there, if you were the president, what is the first thing you would do? who would you call, what would you say? >> well, first thing i would do is call the senate majority leader and check in with mitch mcconnell on the state of negotiations. i would check in with the speaker of the house. i would have the secretary of homeland security in the office or on the phone with me when i had those kind of conversations. then i would have a meeting of white house senior staff involved in the issue, marc short, the legislative person, whoever from the homeland security advisor tom bossert, whoever is involved from the domestic policy council, the secretary of homeland security, obviously the chief of staff, hey have we got a strategy to move forward? i'm here. tell me what i need to do but we need to engage. that means declaring one of those people, probably the secretary of homeland security the lead person on this issue with the hill, sending her up there to get things done and how the president can weigh in in appropriate way. melissa: you think sending her out to there to do the negotiation or feel what is going on, how much you would empower her? >> i would empower her to get things doing. you don't want the president to do the initial spade work on this. send somebody else in. there are things going on the hill. she has got time. this is her area of expertise. have her in there, so she is meeting and talking with people both on house and senate working on this issue. make sure everybody is glued together. she will know when it is best to have the president intervene. you don't want the president intervene necessarily right at the beginning. you want him to be there, his presence, his involvement can push this thing forward, across the line. he doesn't start but he is closer. melissa: what did you think of the first salvo? seemed to me it was pretty clever to go out there put a deal on the table where he neutralized whole daca thing immediately saying he would provide a path to citizenship for more people than they even asked for. >> yeah, sure. melissa: which knocks democrats off balance, we will die if we don't get this there you go. they had to come up with another reason they hated deal but we haven't made progress since then. >> you know what, sometimes making progress making things look like they're progressing. mccain and coons came out with response. not a good bill. we'll fix daca like president wants to do, do a couple little small things, $110 million next five years for a program that changes local law enforcement to enforce immigration laws. that is little money in the bucket. 155 immigration judges with staff attorneys so we can deport people. a little tiny thing in the bucket. don't want to diminish importance, not end al be all. we'll do a three-year study, 2018, 2019, sometime 2020 study on border security. melissa: we don't need a study. it is not secure. >> wait a minute. it is not secure but let's do a six-month study. meantime i got this much money i need to fix the fence where we are. here is 20 or 25 miles worth of fence that we additionally need to build within the next year. so, great, we'll do the study but it is six months. meantime you give me money to fix existing wall and to give me 20 or 25 miles more which you obviously senator mccain know is needed in yuma. you senator coons, you're not border state, talk to the governor of texas and governor of california, they need additional wall in san diego and lower rio grande valley. you seize on these things. you bid one heart. bid two. so -- melissa: any point getting democrats involved? because they will -- or deal with your own side? >> no, no. this is one of the reasons you have the secretary talking, not necessarily the president. she can go over informal way, here is what we're thinking senator coons, where are you coming from? senator durbin, you say you want a deal, here is where ours is, we saw where you are, is there any common ground? how about this, how about that? got to take it back to the president to get him to sign off on. gives you flexibility in informal discussions and negotiations. melissa: we'll download the little clip. we'll send it over. i'm sure they will work the whole thing out. >> you bet, thank you. david: he has to write a textbook some day. how to do things in washington. president trump is pressing pakistan very hard for changes. so could the man with the best chance of being pakistan's next prime minister change all that? biliawal zawari is here. his grandmother as executed, why does he want that job? next. t. rowe price. invest with confidence. each day our planet awakens but with opportunity comes risk. and to manage this risk, the world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. david: president trump pulling no punches with a tough hit on pakistan. tweeting out the u.s. foolishly given pakistan $30 billion in aid last few years and thinking our leaders as fools, they give safe haven to the terrorists we hunt in afghanistan, with little help. no more. how does a man who could be pakistan's next prime minister react to the charges. here we have bilawal zardari head of the people's party. your mother was a prime minister. your grandfather. they were in the mix of what president trump was talking about. how do you respond? >> thank you so much for having me. president trump's tweet, while i understand it, reflects the emotions of some of the american people, i was deeply hurtful to the people of pakistan, particularly those like myself who have lost loved ones in this fight against extremism. and i feel unfortunately i don't think that president trump intended to do so but, this tweet send the wrong message. david: forgive me, sir, do you deny that members of isi, the intelligence service of pakistan, have been giving support to the taliban for years, for decades? >> sir, i think what president trump says in the tweet, when he talks about the aid, and those $30 billion he is conflating the aid which is america's right, it is america's taxpayer money and absolutely all right how you want to spend it. with the coalition support fund, which is actually in exchange for services rendered in pakistan's fight. david: but the main service you can render, sir, the main service you can runedder prevent the taliban from killing americans in afghanistan. your isi, one of the most important divisions of the government is giving support to the taliban and they were when your mother was prime minister and they are now. >> sir, pakistan has seen a 75% drop in terrorist activity. while in afghanistan, terrorists are active in 75% of the province and 45% of the country is not in control of the afghan government. if all of nato forces, if all of america's might, and the iran government all put together can't defeat terrorism in afghanistan how do we expect pakistan to do it alone. david: before americans give another dime to your government, before americans give another dime to your government, you have to prove that you're doing something to stop the isi from giving support to terrorists. terrorists that are killing americans. >> terrorists are killing pakistanis. david: and american. >> terrorists killed more pakistanis than americans. david: why don't you stop the isi from supporting the taliban. >> we want to end terrorism in pakistan. david: you have the power to stop the isi. >> i have no power to stop anything. david: if you're prime minister you will, your mother empowered the isi when they were supporting the taliban. >> the u.s. government supported taliban in mujahadeen in iran war. they forced pakistani state and government to support these forces. my mother warned the american president, george h.w. bush they would be creating a frank stein monster. i don't want to fight about the past. david: i wish we had more time. >> work togetherf you want peace in afghanist. david: i hope we talk together again. >> thank you. thank you so much. david: we'll be right back. david: nancy pelosi is in the history books. this is the longest speech in the house on record. she breaks a record that was set in 1907. melissa: almost seven hours she hasn't had gone to the bathroom or had any water. i couldn't do that. here you go. here's risk and reward. liz: another roller coarse day on wall street. eventually down 18 points 24,893. another 500-point swing as senate leaders announced they've reached a bipartisan spending deal to avoid a government shut down. but wall street traders now warn about the big thing that is poking the markets. we've got you covered on that. this as a new quinnipiac poll puts president trump's rating at the highest in seven months. even has a 70% approval rating for quinnipiac and the economy. you know who should take credit for it according to quinnipiac? not president obama. president trump. we've got the