Transcripts For FBC Countdown To The Closing Bell With Liz C

Transcripts For FBC Countdown To The Closing Bell With Liz Claman 20170123

On the phone with both leaders his desire to reform but obviously his goal was to have that discussion when they come in person and i think i mentioned yesterday the foreign minister of mexico is gonna come on the 25th or 26th to set the table and have at some of those meetings ahead of president meeting here. Now that hes officially in office. This is his first working day. I think hes been pretty busy and robust. I think you are going to see a lot more come out but there is a lot of things that had to get done and a lot of things that were working on as a staff to get him prepared. He will have a very robust week. Thank you guys appreciate it. [indiscernible] most of those people for the actions and the most important one. When you have the news come up. To them from india. [indiscernible] thank you for the question. I think that whether its india or other countries throughout the globe today as i mentioned the goal is to figure out countries and markets that we want to access that benefit the American Worker and help us grow manufacturing. And so that is one area that we will continue to work with him there on. With a very robust in gender. That was pretty interesting at times very calm and spicy sean spicer. An hours worth or so when he took questions on everything from the president flurry of executive orders to his defense of whether the inauguration crowds were bigger than Ronald Reagans he also talked about Climate Change said that donald trump wants a balance he is interested in balancing the environment with business he said they will be taking meetings on obama care tonight instead of a week to now we should see him floating a new Supreme Court nominee. Sean spicer kept calm a little bit here. But he maintained some humor. We bring in steve moore. You also helped donald trump put together the economic plan. Let me first get your response on that. He took a lot of questions from a lot of different media organizations not just the first questions went to fox business blake burman i dont think i dont think a president ial event has ever happened. He is the hottest guy in news. I love the term that you use toescribe that press conference. I didnt see the whole thing b i saw lot oit. Spicy is a good way to describe it. He never back down to the media. A lot of people are kind of shouting at him i thought he was poisoned hes going to be a great spokesman for this administration. He made out a pretty positive Economic Growth message and said give us some time we will get it done. I liked what he said about Climate Change. The real challenge here is to deal with the economy at the same time. I think that is exactly the right approach. What i found very interesting was not only did he meet with big names this morning were talking about ford and also elon musk of tesco which i found very refreshing because you have electric vehicles and then have the older School Companies not to mention dow chemical. But then active at this very moment in these of course are pictures from from them this mornings meeting. I think a lot of people are to look at that and say he is interested in oldschool. But right now he is having a meeting with Union Leaders. Which in a way might very will make democrats nervous because they had been and the past that party of the Union Members. I couldnt agree more. Its interesting if you look at the election returns in those midwestern states that won the election for donald trump we know that a lot of Traditional Democratic voters from Union Households switched over and voted republican for donald trump. I think its masterful that he is reaching out to a lot of these Industrial Unions im and the room im not sure what he same. I will bring back a lot of these Industrial Union jobs. I will bring back manufacturing. Were circling elon musk. He has an auto company. He also has a Battery Company that he is making which meant a met a lot of jobs. At the time some republicans have said he got too many even though it was brian sander felt the republican governor of nevada who helped give him the tax breaks these are the kind of things that you want. Did anyone help businesses along and almost seems as if donald trump is now saying thats not going to be a negative and the future. I think you could argue both sides of that. On the one hand this should be a probusiness administration to help our businesses succeed. The very fine line between being a probusiness and bringing favor of course. According to a lot of reports that are very credible has received 5 billion in federal subsidies for his various companies. And i believe and i dont think most tax players begin to believe to have does it include incentives if Oil Companies are getting tax breaks though should stop dont forget no industry in america has paid a higher tax rate the oil and gas companies. They been instrument. Let me bring up this. Back to the union guys because right this very second i want our viewers to know this is actually something that before our very eyes we may be witnessing quite a change. The traditionally democratic guilty in vote may be thrilled with the donald trump his got rid of the u. S. Involvement and the transit Pacific Partnership jimmy hoffa the teamster president has just to put out the statement and i want to read it to you. With this decision to get rid of the tpt the president has taken the First Step Towards fixing 30 years of bad trade policy and the head cost working americans working dash millions of good jobs. Quite a few republican and democratic president s. And wt youre tthere is the strange bedfellows coalition. What donald trump did today with the tpt probably doesnt sit so well with a lot of the freetrade republicans but its very popular with the more prounion democrats. Trump is not conventional republican. I think that is one of the things we will learn right out of the gate. Its great to have you. And pretty extraordinary for state for the Trump Administration and first for sean spicer. That first hour and he took a foxbusiness question and he took questions from different types of outlets and i think that is pretty refreshing either way. Some of his cabinet nominees. Bret baier is standing by life. Whether the secretary of state positions stand shot. Right now the markets dont look like they stand a shot of any and the green at the moment. There is a big unknown. The uncertainty surrounding whether they were way on our prop up the markets. The wall street gaze is moving higher by about four and three quarters percent. He cannot forget a barrage of big earnings reports out this week. Many stocks that could really move the needle on the market. Yahoo, verizon, qualcomm who is and the news today. They hit an alltime high today. Just a few companies on tap to untapped to come out with results. President trump or some of the big names in their numbers. Scott were coming up with a lot of news here. The president right now and the white house meeting with e Union Members we ha our cameras trained on the white house. The second anything is eleased from there we will get it. But also all of this new coming out of sean spicers conflict. And the issues that could affect certn stocks. What was the market. I think everybody came in today thinking about what kind of post inauguration marker will we have. Riots and marches over the weekend. I think today they took a new stride. A lot of traders looking at the cash. 22522257. As long as we hold about that i think we will try to be opportunistic. He is working really hard to be unconventional to bring everyone together and be probusiness and get things done in washington. He is not cooling his jets and having them relax for the day at all. Tomorrow morning breakfast with general motors. Those two ceos breakfast with them. He met with ford and tesla. Right now the unions. There is a ford stamping plant. They are there relates to the Auto Industry right now. Nice actually say that. He is keeping every idea on the table. You will see him talking to more auto heads its a collaborative effort here. Even in bonds a little bit. Its a good example of the hype before an event. After he right after he was elected. And now things are going to normalize. We will wait until we get some firstquarter data which we wont get until next week. I think right now the market is going to sit and wait. Like the previous guest just said lets give the guy a chance and see what he can do. Hes bringing and the big guns to do it. And listening to big guns from different areas. Right now unn members. One of the things we havent really hed. The president himself does want to care about the environment. We will see what happens there. The oil industry is looking at oil at the moment. And even though if you believe them they have a lot of trouble believing that the cuts they say are compliant. There about one and half billion barrels cut so far. But u. S. Oil production is up 6 . Doesnt that swamp any opec cuts. Thats the exactly whats happening and the crude oil market. The people involved tried to cut oil. We have saudi arabia thats the time to put on the positions. It is there. We have to you have to take that into consideration always. Scott, todd and alan. He have to ask this question. We just showed elon musk. It wasnt just the ford ceo. The Company Stock was running wild a new model as called s called the 100b. The Battery Capacity will propel the car hundred 30 thousand in a single charge. The best performance of any vehicle. The stock is up about 25 adding another one and threequarter percent. As the biggest drag on the dow 30. Why, and Health Healthcare is the Third Largest business by sales. Its in action. Take a look. Focusing on National Security. Mike pompeo. Peter barnes live on capitol hill. How close or how far are pompeo and secretary of state kennedy from being confirmed by the end of business day we will get you caught up on that. We are life and we are with you. Ive spent my life planting a sizesix, nonslip shoe into that door. On this side, i want my customers to relax and enjoy themselves. But these days its phones before forks. They want wifi out here. But behind that door, i need a private connection for my business. Wifi pro from comcast business. Public wifi for your customers. Private wifi for your business. Strong and secure. Good for a door. And a network. Comcast business. Built for security. Built for business. Anything with a screen is a tv. Stream 130 live channels, plus 40,000 on demand tv shows and movies, all on the go. You can even download from your x1 dvr and watch it offline. Only xfinity gives you more to stream to any screen. Download the xfinity tv app today. C1 we want to show you these flights outside of our headquarters we have major wins smacking new york city around a noreaster is buried down. Terrible hair day. We have a street lights that are getting ripped around also. As him as im taking over the world. We know first they went to brooks and then they went in to the tv shows and now your wiper blades overnighted. They arty had those charges. Now its auto part makers who are feeling the competitive heat at this hour. They are all under pressure today. Amazon said you know what, maybe we will start dealing in auto parts on the website. Theyre up to three quarters of a higher. Now standing at 1,814. President donald trump is hoping to complete something that is in his control. He wants to see the confirmation of two major cabinet positions. They had been called back into session. They will debate the confirmation of mike pompeo. He is President Trumps pick to be the newirector of the cia. And inspected later today a confirmation hearing. Who is on his way to potentially becoming secretary of state. The Senate Foreign Relations Committee is expected to vote on that. Peter barnes is standing by right now. What is the chatter there. The debate on mike pompeo has already begun on the floor of the senate. And that the bay is expected to go for at least a few hours. After a little bit later. They approve him in the senate. As you said the senate of Foreign Relations committee has yet to vote out the nomination of Rex Tillerson. To be the secretary of state that looks like it is going to be a done deal. And it will also be sent to the floor. This coming after a couple of other key foreign policies they voiced support for tillerson over the weekend. We heard from senator john mccain as well as lindsey graham. And then this morning the final holdout here. They have said that while they have some reservations is still he was going to support him as well. That gives them the final needed boat out of Senate Foreign relations. It would be against the National Interest to have this confirmation unnecessarily delayed. We could see both of these nominees done by maybe late tonight. Thank you very much. We will ask them about general flynn. Regarding his communication. With the closing bell ringing. The Atlanta Falcons fans could have way more support against the patriots than any other network that could have anticipated. We will tie as we look ahead to super bowl 51 in just minutes. Empty out your change purse. One of them could be priceless. Quite the strange in inheritance. It is an all new season of foxbusiness. All about the pretty penny. See [ beep ] but youll be glad to see it here. Fidelity where smarter investors will always be. If only the signs were as obvious when you trade. Fidelitys active trader pro can help you find smarter entry and exit points and can help protect your potential profits. Fidelity where smarter investors will always be. Liz we have President Trump with the Union Leaders and front line workers. Lets listen in. This is group i know well, personally i have hired thousands and thousands and thousand of you, as you can say, sean, you know that better than anybody. We just officially terminated tpp. [applause] i just signed a document, very powerful document. Well have trade, but were going to have oneonone. If somebodmisbehaves well send them a letter of termination, 30 days. They will or were gone. Not one of these deals we cant get out of them that is a disaster. Well have plenty of trade but tpp wasnt the right way. Well go back to the countries, oneonone, that will be beautiful. Well have a lot of building going on. Well have a lot of plant expansion and a lot of brand new plants. We met with the head of ford today, the head of many of the great companies, johnson johnson. Theyre very, very excited about what theyre doing. You guys will be responsible getting them built in nine months, 18 years. The process when they put in for a plant, takes so long. We know our great Vice President mike pence, i think you know some of the folks in the room. I know almost all of the folks in the room. So. A great honor to have you here. A great honor. You have been very special to me. Told you sheet Metal Workers how have you been. I have hired a few of them over the years, havent i . I think you have. You guys did a great job. You guys did a great job. Well put a lot of people back to work. Well use common sense. And were going to do it the way it is supposed to be done. Were going to stop the ridiculous trade deals taking everybody out of our country and taking countries out of our country and it is going to be reversed. I think you will have a lot of companies meack to our country. Companies that left, will come back to our country and they will hire a lot of people. It is inconceivable to me this was allowed to happen in the first place. And im not blaming president obama for this. Im blaming many, many years, long beyond obama, believe me. This ththats been going on for decades. And it is a trend that were going to stop cold. And we started today, which is my First Official day for signing major things, although, i actually started from the hour i got here, but this is the day that we wanted to sign some of the legislation with you folks. If you have any questions, well do it for you right now. [inaudible] when will you renegotiate nafta . At the appropriate time. Okay . Mr. President , i have a a question for just, but statement get back in here. Come on back. Come on back. Dont go too quick. I love that. All right. Are they ready . No. Where is miss jackson . , he was about to make a statement. Go ahead, doug, hit them. That address on friday was a great middle class address. I mean it hit home for the people that have been hurting. You said it, people here in washington made it. The workingclass people had to hear Something Like that. That venue being up there at your inauguration, laying it down, there was a great that was a great moment for working men and women of the United States. Thank you. [applause] repeated that on television. Thank you all very much. Thank you. Liz you may be witnessing what could very well be most psychologically uplifting moment for Union Workers in the last eight years, or at least since the financial crisis when many of them lost their jobs. In that meeting meeting with prt trump you had Laborers International union, steamfitters, united brotherhood of carpenters, heat and frost installers, mr. Trump was comfortable with them. All the buildings he build, most if not all use Union Workers. It is coming together and weaving in a message that began this morning what weve been cowling here at countdown the day one of

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