It forces Government Agencies to cut the regulations for each new one. In the next hour the present also expected to eat with the economic council. He is busy every day. Its coming as a fall fallout over the travel ban. Still dominated the conversation. To the world capital. We have our foxbusiness allstars in place. Jeff block at the airport and the former u. S. Ambassador to russia who is also the deputy secretary general from nato. He will tell us why he thinks the plan could actually make isis stronger. Less than an hour now to the closing bell. Im ashley webster. Lets begin the countdown. What happened from dow 20,000 to the biggest loss since the electi. The stocks are doing a complete 180 as an uncertainty over trump policy. It wakes up the bears on wall street. Theyre looking at the biggest drop so far this year. Year. Wayne on the tao some of the names you know very well. Looking at the s p all 11 sectors are lower right now with energy. They have Energy Leading the losses. 6. 6 percent. Its down three and half percent. Also by the way running out of energy today tech stocks. The immigration order sending a slew of wellknown tech giants tumbling today. All about visas for our tech workers. As you can see again. All in the red. Alphabet google down more than two and half percent. The White House Press secretary wrapping up the News Conference a short while ago. They basically double down on adamantly defending the president s executive order on immigration. Saint it is first and foremost about keeping america safe and is not as a muslim band. This is a turn the attention to the economy signing executive orders required for every new regulation enacted the latest things these days. It is indeed. And when youre talking about regulation. Earlier today. Youre often talking about billions and trillions of dollars. To boil down what the president president did today essentially is twofold. For every one regulation that agency wants to go forward with two more need to come out with it. Simple as that. Whatever regulation goes in and whatever regulation comes out has to be neutral. They are setting a budget on this. Of 0 on any new regulations that come down the line in fiscal year 2017. I asked shauna spaced about the new executive action a little while ago. We havent seen anything of this magnitude to address the Regulatory Impact that Small Businesses face. I asked him about tax reform. He wrapped in the executive order into that. Either way Regulatory Reform has been at the forefront of his new administration. You will remember in the very first few hours of the Trump Administration they put out a memo that told all agencies all across the board to have a freeze on new regulation. This is what came today ends up adding on top of that. While done on trying to corner him into asking that question. The reports that the tax breaks may be pushed back until next year. The question was with the market doing what it is today can you commit to tax reform. At any point in 2017 he didnt give it a yes or no. He said its something where working on with congress he also made the pitch that its beyond tax reform and really want anyone fluctuation. And the like. It is more his response. Thank you so much. We appreciate it. It was executive order no doubt heard around the world. He issued a travel ban. In certain immigrants from terror hotspots opponents in the u. S. Here gathered at airports across the country to protest that jeff locks on the ground. Taking the temperature of todays protest. Still gathering out here. Maybe it is the International Arrival area here. The folks you see there are volunteer attorneys in their part of a convoy that has helped anyone who is getting detained or who is being attempted to be deported. About two dozen of them and i will show you what this looks like there is a compound of people. They tell us by the way that additional people were detained here at ohare. They were iranians who had green cards. This is a group of attorneys that had help with anyone who may be detained as i said three iranians they did all had green cards. One of them has been released. At this point still a couple of people these are folks that came up. They just want people to feel welcome when they come into this country. And so theyve come out to sing songs. The president said earlier today the chaos over the weekend was a result of the delta computer outage. Delta tweet about the computer outage. The chaos was saturday and most of the day on sunday. As i said that has abated delta stock. In terms of the way the executive order was handled the market doesnt like amateur hour. Its the best in the world. You know you are in trouble when the group of lawyers outdo the group of protesters. Thank you very much as always. Dow 20,000 is just a memory now. Its taking a big hit. The russell 2000 is treading water. Still the Small Cap Index still the best performer of all of the major to the New York Stock Exchange. All of the details. What you have. The first one up is the first one down today. The smallcap russell 2000 index is now trading below its 2016 closing level. As and 1. 3 percent. Down 17 points here today. The first of the averages that we will follow. Its up about. They were up almost 9 . There up about 11 and half percent. Because it is comprised of Smaller Companies a lot of them see most of the business here. They are very sensitive to what else broader political payment. These are specific sectors. Its about 25 percent. Specifically in the loan portfolio. That is troubling of course. You also had industrials and technology stocks. The ceo is coming out and saying you are youre just not in favor of this travel ban. And its pass a little bit of a dark shadow there. Thank you so much as always. Leading and the dow today. Its a happy world after all. Surviving on the sell off day. The only leaders. The company says it only sold a six and six and half a million devices. More than hundred 50 million lower than its previous estimates. Its down almost 18 . That says it all. Coming up next. Some of the Biggest Tech Companies speaking out. They think the travel ban could actually help isis. They tell us why would come down comes right back. Is the most highly anticipated they may have just like youve found the news home. Its supposed to list it on the New York Stock Exchange in that and that huge victory for the board. Both of them had been aggressively courting that listing for more than a year. With a valuation ranging anywhere from 20 to 25 billion. Since the public debut two years ago. It was a big response to that. At 5772. It will finally be on the New York Stock Exchange. The number of ceos across the country are criticizing the printed sent over his executive order barring refugees from entering the United States. So unamerican came to sell. The question is could this executive order of extreme bedding actually make america less safe. Ambassador, thank you for joining us. Would you agree with what some of them are saying that this indeed the executive order could help in that recruitment and the terror group like isis. In the way it was carried out it certainly looks like a muslim man and it could play into the argument. The war on terror is really a war on islam. It is a great reit crooning tool. To do one of these homeground terrorist attacks as well. They should be focusing on individuals. From a single country on block. We should do it casebycase extreme bedding. It should be done in an individual casebycase basis. How on earth are you going to extremely that someone who has extremely moved around a lot. We have no information on this one at all. It takes months and then years if you cant convince yourself that the person is safe enough to admit. Thats our sovereign ogative. On a blanket basis in the issue of people it just goes against american traditions in i think it plays into the hands of radical islamic terrorist groups. Here are the former ambassador to russia what do you you make of this relationship between donald trump in Vladimir Putin he said i dont know the guy but it is much better for the United States to be friendly with russia then be at each others throats. What are your thoughts on that. It would try to improve the relationship. You have to go back to the height of the cold war. Its very important that we enter this dialogue. And recognize that a lot of the reason why the relations are so bad right now is because of what they have done. Their illegal occupation and sanctions were imposed directly for that. And those should only be lifted when russia does that. Fighting terrorism. There may be a mutual interest in those areas. We should not trade a sovereign country like ukraine. Do you think someone like Vladimir Putin who never takes any step without it being thought through do you think he looks to take advantage of donald trump. Does he see this as an opportunity. If only because you look at the commentators they are almost salivating with anticipation that they are going to get all kinds of onesided can sessions. With to prove them wrong. But we also had to remember the leader is a very strong leader. He is also very on democratic leader. His agenda is making russia great again. He would love to get off the hook on the sanctions would love us to recognize russian domination over ukraine. But we have to decide what we want. I think our interest lies in the European Security system and they have the freedom to choose who their partners are and not be punished by the kremlin. Thank you so much. Lets take a look here. Its down hundred 72 points. The session lows there you have it. Super bowl sunday is less than a week away. They are in grand fashion today. And Small Businesses helping President Trumps new two per one will make it much easier. Live in las vegas. She will be telling us what they have to say. Thats when countdown comes right back. 7. 95. [ 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. Companies across the state are york sgrowing the economy,otion. With the help of the lowest taxes in decades, a talented workforce, and worldclass innovations. Like in plattsburgh, where the most advanced transportation is already en route. And in corning, where the future is materializing. Let us help grow your companys tomorrow today at esd. Ny. Gov. New England Patriots deutched down in houston a week away from the ninth super bowl appearance. All you haters that is the reality. There is massive crowd of fans to partake in rally. Some fans arriving at 3 30 in the morning. Rally concluded with star Quarterback Tom Brady telling the crowd it is starting to feel like the super bowl. There is brilliance. Liz claman will be live from super bowl li in houston, texas all day friday. Liz gets to go to the big game. Latest odds have the patriots favored over the Atlanta Falcons by three points. Could be a close one. Las vegas is where we find hillary vaughn. She is with a whole bunch of restaurantees who could be feeding up a whole bunch of fans. Hillary, what do they hope the new administration can do for them . Reporter hi, ashley. We talked to ceos from some of the biggest franchises in the u. S. They tell us they are more optimistic with President Donald Trump if the white house than they were with president obama in the oval. They also say his labor, his pick for labor secretary, fellow franchiser and ceo of cke restaurants, andy puzder, they say he knows Small Business because he runs thousands of them. Andy puzder is a franchiser. He understands the nature of running a restaurant and franchise business. Im a big fan of what andy has done particularly in his own business. He is for the little guy and that is what andy will do. Reporter franchising is the biggest economic machine in the whole u. S. Economy. They figure they will add a quarter of a million new jobs in 2017. Some say regulations and policy born in the obama era, overtime pay, obamacare act and joint Employer Liability are bad for business and bad for workers. What the Previous Administration missed out on not having everybody at the table, not having Small Business at table. There has been a lot of regulations over the last eight years, employees have in fact been damaged. The Prior Administration introduced some, for Small Business owners some really tough stuff, right . Franchise industry continued to grow and Restaurant Industry continued to grow. Those are good things. Reporter one Franchise Owner tells us that the tax code under the Obama Administration over the past eight years ate up capital he would have used to open new locations and create new jobs. It is goings to be important that there is an understanding on capitol hill, theyre not just quote, taxing the rich. What theyre doing is pulling capital out of the system that could be used for job growth. I think this administration has a better view on that than probably the past administration. Reporter ashley, i talked to Business Leaders and they tell me the number one issue they want to see addressed the next four years is minimum wage. Ashley. Ashley that is another one. Hilly vaughn in quiet las vegas. Lets check the markets. Were down 113 points. Still a selloff today no doubt 173. President trump picking up in week two basically where he left off in eke one, he met with Small Business owners, signing executive orders and depending his plan to make america first. Why is everyone surprised he would do what he said he would do . Very unpoliticianlike. Kevin scott and paul henican share their thoughts and much more next on the countdown. Why pause a spontaneous moment . Cialis for daily use treats ed and the urinary symptoms of bph. Tell your doctor about your medicines, and ask if your heart is healthy enough for sex. Do not take cialis if you take nitrates for chest pain, or adempas® for pulmonary hypertension, as this may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. To avoid longterm injury, get medical help right away for an erection lasting more than four hours. If you have a sudden decrease or loss of hearing or vision, or an allergic reaction, stop taking cialis and get medical help right away. Ask your doctor about cialis. Ltry align probiotic. N your digestive system . For a nonstop, sweet treat goodness, hold on to your tiara kind of day. Get 24 7 digestive support, with align. The 1 doctor recommended probiotic brand. Now in kids chewables. Ashley moments ago the senate coming into session for the week. Senate minority leader Chuck Schumer, that is not him, but has taken the floor this afternoon, as you can imagine blasting trumps immigration executive order, calling for the senate to consider leg to undo the controversial rule. The senate back in action. That executive order on immigration front and center. Im joined by republican strategist, Kevin Paul Scott and Ellis Henican calls the trumps america column. He is pithy guy these days. Ellis, let me begin with you, there are those people say we get it. This is what you said you were going to do but it feels to me it was complete mess when they went to implement it. They it didnt think it through properly. What do you say . It was a flop from almost everybody. People inside the government, members of congress, republican, democrat, keep your eye on the republicans. In the end they matter more than Chuck Schumer there. A lot of them are peeling away. If they remain Donald Trumps executive order may have real problems. Ashley that is interesting. Let me bring in Kevin Paul Scott. It was a real mess over the weekend. Appeared some of the federal agencies knew what was happening, some didnt. Others complied, some didnt. Bottom line its a bit disconcerting, i would argue the markets reflect this a little bit today, here we have President Trump who apparently didnt kind of convey what he wanted properly, and as a result were ending up in this frankly international mess. What say you . I think youre right, ashley. It is the first kind of flop for the administration. We can argue whether or not its a good policy or bad policy, but the implementation wasnt easy and wasnt flawless. I think ellis is right on this one. What will be interesting to watch is republican response. A lot of protesters will not change trumps mind or change his administration actions, what will it do to the sentiment in the country . Will they peel off republican support. That matters on this issue but other issues as trump tries to get his legislation through congress. Ashley that is a very good point. Kevin, let me go to you on Supreme Court nominees. President trump saying tomorrow night well know who this individual is. Im assuming going to be conservative if they want to replace Antonin Scalia with someone in the same vein. How hard are the democrats boeing to make it for this nominee to get through . Here is what