but air force, the electrical grid and more. this as the white house and house speaker paul ryan now say the gop's new plan to fix obamacare is in the stages. well, we hope republican congressman jason has a way we can pay for all of this. we're going to ask him. he's on the house budget and infrastructure committee. plus, take military action against the north korean nuclear threat. at this hour, there is a growing corious of military leaders who seek action against kim jong-un must be taken. is diplomacy a deadened in this case? former un ambassador to george bush christopher hill with me live. and shocking news about one of the most respected federal reserve presidents. why the richmond fed president has suddenly resigned. on wall street, stocks turn from red to green as president trump said it's time to come together to rebuild america. but the s&p sort of flat at the moment, so we're watching it very closely. we're less than an hour to the closing bell. let's start the countdown. ♪ ♪ >> okay. so we have breaking news on two fronts. senate democrats have just threatened that if republicans in fact that so-called nuclear option in order to get the judge gorsuch mation to the supreme court, democrats will be less thahelpful to president trump on future legislation. and part two of the breaking news we're getting more detail right now about this bombshell that the federal reserve dropped less than two year two hours ago. richmond federal president is now admitting he was the one who leaked top secret fed information back in 2012 to a wall street analyst. this is a big no. no. and that analyst then published the details, which involved precisely when the fed would ramp up its stimulus program. now, lacquer has been at the helm of the richmond bank for more than 13 years. he's been outspoken in favor of faster rate hikes, calling for as many as three this year. turned higher this morning just as the president met with ceos and struck a very positive tone about spending on infrastructure and helping corporations. the dow jones industrials holding onto the gains up 23, aalthough they got up as high as 51. the s&p, call it flat, the nasdaq just slightly lower by two. staples is a huge story today. it is surging. right now on rumors of a private equity buy out up 9 and a third percent right now. this is a $9 stock. block the merge with office depot more than a year ago because they said we can't stand on our own. and now they can't stand on their own so that blockage really created a problem. since then, the company has become lean and mean. take over friendly shutting u.s. stores and selling off its european operations. and speaking of seismic shifts in retail, well, another kind of depressing sign for the ice age and for brick and mortar apparel. ralph lauren is closing its flagship store on 5th avenue. it will move its stock from that store to the madison avenue location, which you see right there. it's another round of cost-cutting moves for the iconic american brand which closed 1,000 jobs and closed 50 stores back in june. investors don't like this news. the stock is down 5% right now for rl, ralph lauren. let's get to this breaking news. at the moment president donald trump is expected to attend a closed-door meeting with the administrator of the epa, putting in the limelight today calling on building trade unions to pressure congress to approve a massive one plus-trillion-dollar plan to rebuild america's crumbling roads and airports. here's what he said. >> we can rebuild our country's bridges, airports, seaports, and water systems. we will streamline the process to get approvals quickly so that long-delayed projects can finally move ahead. and with lower taxes on america's middle class and businesses, we will see a new surge of economic growth and development. liz: you know, that is, blake burman, when the markets started to turn around because they were in the red. i'm talking about the dow. but you were there at the white house. you know, the president hosted both ceos and union members and talked about that current american business climate as well. >> and it was not only just the president here today, liz, the ceo meeting at the white house. thvice president, mike pence, ivanka trump, wilbur ross, some of the major players of the trump administration inside what was a summit town hall, however you want to describe it with probably about two dozen plus ceos from all over the the country. lots of issues that they talked about among them streamlining government trying to make it more efficient, how these ceos might be able to work with them, some ideas to be able to do that. but also this massive infrastructure package that you talked about, the president has -- had this stated goal for a while now of a-trillion-dollar package she said today quote and maybe even more on top of that. the president, though, also said, look, if it gets to that point whether they are ready to spend this money, hundreds of billions of dollars into a trillion plus, he wants these projects to be shovel ready. listen from the president earlier this afternoon. >> we're going to set up a committee head by steven richard, and we're going to cut a lot of red tape. but we don't want to send a billion dollars to new york and find out five years later the money was never spent because we're going to be very strong on it has to be spent on shovels. not on other programs. >> and that was from earlier this morning here at the white house. by the way, liz, take a look at this. as part of the president's presentation, he had what amounted to a human-sized flow chart of how it works. he says to get highways built in this country. he says it takes about 10 to 20 years, 16 or so agencies. he said he was presented with this chart by gary yesterday here at the white house, thought it was so ab that he broug it out here to kind of show how things work. he then brought that chart over to the national builders trade union that he ended up speaking in front of during the noon hour here in washington, dc. and this is part of the point that the president is trying to drive home. he wants this big massive infrastructure package, but he also says the streamlining of all of it needs to coincide as well. liz: do you know had i favorite part? when he was talking to the builders, and he said to them you're not just builders. you are talented artists. and that -- >> he speaks their language. >> i tell you, that is not verbiage that the union members have heard in the past from leaders in washington. and quite frankly, republicans, blake, have been very against or pushed back against the unions in the past. but not with this president. >> and you've had the unions come here to the white house. i mean, the head of the afl cio richard was here. you've had a separate meeting with many of the other unions here. so, yes, you're right. republicans union. and add to that, liz, infrastructure spending. a trillion dollars that they're talking about. add all of that up, and it is certainly a unique road that this republican president is trying to take. liz: yeah, any funded project he said must start within 90 days. not ten years. blake, thank you very much. >> thanks. liz: too much red tape. so with the promise of $1 trillion in infrastructure, how are some of the infrastructure stocks performing since the election? well, here you are. very nicely. concrete names like martin murrieta, u.s. concrete, sam ex. which is a mexican company, but they could still profit from bridges and airports. steel bets doing even better as u.s. concrete is up 28%. look at steel. we have u.s. steel up 61% since the election. steel dynamics better by 23%, newport up 17%. the markets, of course, today not doing too much at the moment. but we're still holding onto gains of the dow jones trillions of 22 points, the s&p flat, nasdaq down about three points. this as we are just at this point less than three -- well, a little over three days away from the march jobs report. now, with ralph lauren being that latest victim of the retail apocalypse, u.s. auto sales are falling to a two-year low but construction spending, hitting an 11-year high in february. what's going to be the next catalyst to do you say the markets in stocks or push them even higher in price? we bring in the floor show, traders at the new york stock exchange, cme group. what is the next catalyst that you see? >> i think it's going to be he didn't season. clearly, we're going to have other he didn't items that come up prior to that. like you said, we have comments coming out tomoow, the big jobs numbers on friday. i think as we head into he didn't season, investors are going to feel a little bit more confident if we get through he didn't season without any real big hiccups in the road there. the sentiment will come back. i think investors have been waiting for some time for president trump to get through his 100 days, see what kind of policies he's going to put in place, see what headwinds are there. yes, there's always that headline that might be out there, international headline that might throw us off for a little bit. but i think right now, it's really going to be earnings where people feel much more confident as to what's happening in the u.s. and the economy now and jobs and moving forward. liz: so, flynn, there are catalysts, and then there are things that would douse the market stocks. give us your catalyst first and then what could be a negative here. >> well, i think the catalyst is what the president was just talking about. getting through with the construction project. we need that right now. that is held back from last year. going through dodd-frank, getting rid of what's bad with that, put in what's good. but my concerns about what could slow things down, it could be the federal reserve. you know, i'm very concerned about what happened with jeff here today having this step down with leaking information, and i've been critical. i don't like the way they release information in how these, you know, fed speakers go off and say one thing and the other one critics the other one. i don't think it's healthy for the market as a whole. they talk about transparency. it's really to the point where they mislead the market a lot of times, and i think at times that has been more damaging than good. liz: the jeffrey lacquer situation is perhaps more disturbing because the fed did an internal investigation, said nothing to see here. we can't find anything, and it was i think round three of the investigation with the inspector general of the federal reserve where they finally revealed this. and lacquer, who was already going to retire pretty soon said all right. i'm out. i regret this. i regret this. but, larry, back to people's money and stocks, what do you think is really going to be the match that lights the fire under stocks? >> you know, i think it's going to be a continuation of global growth momentum. i really do. i mean, think about the manufacturing numbers, especially coming out of europe since july, i might add. that is that has really helped the market grind higher and people don't like to grind. they want the market to take off. combine that with the u.s. dollar. i mean, i spend nights trying to think of a reason why the u.s. dollar should rally any farther than it is right now, and i can't think of one. i mean, the fed seems to be -- their stance seems to be very balanced. i think the numbers in europe have a long way to go, compared to ours. so i think those combined especially stable or instable, unstable u.s. dollar. liz: but we're also seeing, you know, the first as larry says synchronized global recovery since 2009, and you don't want to miss all of that. and you know what? when people say, oh, the bull market is getting old, you need to stay tuned to our countdown closer because we have a top financial person who's going to guide you and says no. no. no. perhaps that's why in part we will continue to see stocks move higher. john, larry, phil, thank you very much for joining us. the closing bell, we're about 47 minutes away from that closing bell. america's top nuclearder now saa north korean nuclear threat is the one thing that's keeping him up at night. is the dangerous new cold war heating up? former u.s. ambassador to korea christopher hill is here live on whether you should start building your fall out shelter. and the gop plans to repeal and replace obamacare has a pulse as house speaker paul ryan says his divided caucus is now closed on consensus. congressman jason luis gives us the health care, and he'll react to's comments that it may be more than $1 trillion in infrastructure. how do we pay for all of this, congressman? get ready to answer that. more countdown is on the way. liberty mutual stood with me when this guy got a flat tire in the middle of the night. on dad... liberty did what? yeah, liberty mutual 24-hour roadside 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[ screams ] liz: dow is now up only 13 points. if you build it, jobs will come. president trump laid out his vision for infrastructure today as we told you to this trade group representing 3,000 of the nation's top builders. everything from fixing aging bridges and roads to erecting a massive border wall. the profit opportunities are obvious to ceos and investors looking for stocks with room to run. martin murrieta ceo telling countdown a few weeks ago they've already put in. liz: how much you see it costing to do this massive wall, which is close to 2,000 miles long? >> if it's going to be ready mix concrete, it's going to take an enormous amount of cement, an enormous amount of stone, and in the texas market, we are the largest providers of ready mix concrete. liz: well, it's easy to sell that to builders and ceos. but the president may have a tougher time selling his ideas in congress where conservative republicans are sounding the alarm on too much spending. and just 20 minutes ago, democrats in the senate said they might just tie votes on anything else to whether senate republicans push for the nuclear option when it comes to the supreme court justice. minnesota republican jason luis sits on the infrastructure committee as well as the budget committee. so, congressman, we get two for one here. look, the deficit hawks on the republican side and the senate democrats who just a few minutes ago said, well, they call it the nuclear option because there is fall out. and the fall out would be that we won't vote for this stuff. how do you expect there's a pathway to get let's say infrastructure passed through? >> well, we have to do everything to the prism of a $20 trillion debt. there's no question about that. but if we can get health care reform done, and there's talks going on now as you referenced, we can get to tax reform, especially c corp tax reform and repatriot ate wha et are saying not $1 trillion but maybe 2 or $3 trillion. and with that, we can put a pretty good down payment on the infrastructure plans. now, add one more thing. with the wall not standing, we want infrastructure that makes a return on investment. this isn't just some stimulus plan, it is a return, roads and bridges and airports that will increase economic growth and national income. liz: i get all of that. but let's go to what you just said. tax reform. i wouldn't say the window's closing on the august deadline dates that steven mnuchin, the treasury secretary promised our neil cavuto. he said they'll be signed and sealed and delivered by the august recess, but it is getting a little closer to that. is the window at least coming down a bit because there's a draft in here when it comes to whether you get the votes? >> well, we've got to get through fiscal year '17 and health care reform. that saves us roughly a trillion dollars in the obamacare exchanges. we do tax reform and ideally we do it before the august recess. ideally secondary we do it before the end of the year. and everyone is committed to this. on tax reform, it is a bipartisan effort. liz: would you be willing to give up your august recess to chew the fat over tax reform? >> of course. liz: i'm asking this because i think there are some business people now running the white house who are used to everybody in their offices in the past dropping everything and working 24/7 to get something accomplished. would you guys be willing to do that? >> well, the obvious answer there is if the air conditioning is working in the house office building. but, yes, i think most people would. you don't want to do this on a artificial deadline and one that you can't possibly meet. but if it means staying longer through a recess, of course everybody's committed to that. this is an opportunity, at least for the republican majority since 1980 to do really big things on health care reform. and the health care reform goes beyond the affordable care act. it goes through hipaa, through wage and price controls in world war ii. this is global health care reform we need to get done, move on to tax reform, as you know which hasn't been done since 1986, and repatriot some of those cities there to help rebuild america. liz: boy, it all sounds good and everybody thought with the republican senate and a republican congress and a republican president, health care would be done in a snap, but it wasn't. you know that these unintended situations pop up like the freedom caucus. but i guess i want to push on this infrastructure saying how will you pay for that? you said you will make a trillion once you figured out repatriation and health care and getting rid of the exchanges. but until we see that, isn't that asking how many calories are in a slice of pie? we just don't know. >> that's right. this is done in sequence. this is why getting health care reform is done and keeping hope aven that front. that's why it's so important. then you move on to tax reform and move on to infrastructure and things we want. by the way, the president's comment calling these trade men and women calling them artists today is music to my ears. i sat on the committee in workforce, and we need more career technical training. we need people, this workforce skilled gap to match folks with jobs that are marketable, and that's what we're going to try to do. liz: yeah, but you have to pay them and there is that law, the davis bacon act which says you have to pay people the prevailing wage. are you willing to stand by that? >> well, look, the bottom line is we've got to do the things you mentioned first. we do have to do health care reform. we do have to do tax reform. economic growth solves a lot of problems, liz, and we can do a lot of great things once we're growing past 1.6, 1.9% gdp. liz: do you think you'll vote by friday on health care? paul ryan is saying we've got a conceptual stage, and it's starting to come together. >> i don't know but if it's close, i think we'll stay. liz: and you would vote "yes"? >> yeah. we would stay to vote if it's close. liz: congressman jason luis, good to see you. thank you so much for joining us. >> you bet. my pleasure. liz: closing bell. now about 37 minutes away and the dow's losing some steam. you know the final hour is the hour that matters the most for your money because anything happens, and we're seeing it right now, dow is at 20,661. caterpillar is leading the dow 30, thanks to donald trump's infrastructure comments and there's this. goldman sachs added to its conviction list. you can figure out what a conviction list is. it's -- we're convinced you should buy this. and north carolina celebrates its sixth college basketball title. the big win meaning huge ratings for cbs. we've got the numbers. and while the tar heels stars may not have to worry about paying back their student loans, many of fellow students will have decades of debt as total student loan debt tops $1.3 trillion. that number, a federal reserve bank president is now saying could damage our economy and housing for years to come. we are going to introduce you to somebody who graduated decades ago and is still paying off his debt. plus, the man on the left, he's got. stay tuned. we're coming right back. . . no matter how the markets change... at t. rowe price... our disciplined approach remains. global markets may be uncertain... but you can feel confident in our investment experience around the world. call us or your advisor... t. rowe price. invest with confidence. liz: yeah, north carolina is not the only one celebrating. cvs is cheering galore. the tarheels did beat gonzaga's fifth national title. cbs ratings 21% higher year-over-year. ncaa march madness live, 4.4 million livid -- video streams. no, i didn't win my bracket. i was so close. >> dead last. liz: no. 7th out of 25. ncaa players on college scholarships may not be crippled by college debt but most of the population is. recent college grads are leaving school with an average of $34,000 in debt. total student loan debts in the u.s. increased 170% over just the last decade to 1.3 trillion. yesterday, new york's federal reserve president bill dudley issued a very frightening warning of mounting delinquent student loans. he says this debt could hurt everyone's economy in the u.s. for years to come. so how do we fix all of this? how do we tack dealt issue? somebody who graduated 19 years ago knows a thing or two about student debt. he is student loan justice.org founder, alan collins. along with former campus reform editor-in-chief, caleb bonham. tell us your story. how much did you borrow and how much do you owe now? >> sure i, i borrowed $38,000. my loans were improperly slammed into default an very quickly, that 38,000 turned into 100,000. that is when i began to do a lot of research on system, which landed me on "60 minutes" and elsewhere. today i'm being build for something like $200,000. liz: what are you doing? how often do you pay? how much do you pay every month, if at all? >> well, i'm not paying because i realized that this is a structurally predatory lending system where the federal government makes more money on defaults than loans remaining good stead in many instances. liz: there are a lot of americans who do say, alan, but you signed on the dotted line for the money and, you know, how would you explain to those people why you're simply defaulting or not going to pay? >> yeah. and i agree. if you borrow money obviously you need to pay it back, however, this is a predatory lending system where the government makes a profit on defaults. and, so the thing that people don't realize, unlike every other type of lending instrument in this country, student loans are uniquely vacant of bankruptcy protections. statute of limit takes and other consumer protections that the founding fathers demanded in the constitution. liz: caleb, let me jump in here and articulate what bill dudley said yesterday. he issued this warning, it caught my eye immediately in the afternoon. quote, our analysis reveals those with significant student debt are much less likely to own a home at any given age than those completed education with little or no student debt. he says it is going to hurt homeownership, hence the housing sector. it will lessen consumer spending. what are we doing this? we're creating a bunch of indentured servants. >> we really are, we really are but it all depends on the position that people are n i graduated and paidff my student license all together and, you know, homeownership is still a dream. that is because of the rising costs of houses, within the millenial generation you are seeing student loans though, absolutely cripple our generation. but, you know the concept of implementing consumer protections, yeah, there is an element of that needs to be taken into consideration but we also need to look how our society is structured at large. this is a giant idea, but we live in an economy where they say you have to have a college degree to be able to get a good job, to be able to buy a house. liz: here is alan, who did just that. he went to usc. got a masters in science, bachelor's in science. you're an aerospace guy. you're an engineer. you're not some shlub out there. look what happened to alan. president trump said he has a solution although it is not in play yet. pay more over the first 12 years, once you get that first job, and even if you owe more after 12 years, you're done, that's it. what do you sympathy about that, caleb? >> ultimately i don't believe there should be a system in place automatically forgives debt that you take on in that case. that is not how a functioning economy operates. lenders lend with risk associated with the intent of getting a significant roi on that. what you're seeing is a lot of activists call for overall forgiveness. you're starting to see radical left elected officials that are starting to campaign on that promise. i know that is not what alan stands for but, no, you need to have a society that focuses a little bit more on fiscal responsibility. liz: alan, we have to run, what is your final thought on this? our viewers want to know how they pay off these loans. >> this is not a bad borrower problem. this is predatory lending problem that the federal government stands at top of it. bankruptcy protection must be restored in order to prices come down. that is where they begin. liz: universities raise their tuition much higher than the rate of inflation. >> that is astonishing. >> get the government out of it. get the government out of the system. and free market operate. liz: okay. they both agree on that. by the way, again, campus reform editor-in-chief. he is former one, caleb and student loan justice.org, is alan's website. check it out, if you have student loans. when we come back, 25 minutes to go before we hear the closing bell. the dow regains some. we're up 26. stay tuned. much more ahead. why pause a spontaneous moment? 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what does it look like to you? >> i haven't seen confirmation of that. but it sure looks a lot like the syrian government forces have done this. why they have done this, why they have chosen to do this, hard to say. they have been winning the war recently. so this is quite a hideous and kind of remarkable thing, so now the question is, what is our president going to do about it. you were last time president obama said, called it a red line. said he would do something. when he consulted with others, he decided not to do anything. congress didn't want to do anything. no one wanted to do anything. the british pulled back. he decided his red line wasn't really a red line. so let's see what this president decided to do? >> well the president is backed by a chorus at the moment of military, who were very concerned and, it doesn't sound like president trump has any love lost for bashar al-assad. this as the russians helping assad fight so-called rebels who were against the government. you have to tell us, what you sense should be the right plan of attack. we tried diplomacy. >> well, it seems to me, we have to find out what, we have, to gesome more details. but if this indeed what we think it is, i think we have to strike the syrians and strike them hard. i wouldn't just do some kind of symbolic pinprick. i think we have to strike them and hit them hard. i think the president needs -- >> s today mass discuss? royal area, where every he is? >> i'm not talking about hitting, not talking about hitting palaces. i would go after the military, especially those who apparently been involved with this. but i think also the president needs to have a have to have some heart to heart discussions with the russians on this. because the russians you knew if this is as we think it is, the russians must have known aboutthis capability and in effect, they are, they are accomplices to this. so i think our president needs to be very clear on this. liz: reports are it may have been a russian jet that might have dropped it. this is from the syrian observatory for human rights. they're not sure. speaking of russia, it's a very touchy subject with the administration, especially considering the new revelations about the former nsa chief susan rice coming out. now she has been fingered as the person who unmasked the names of some of these people in the trump administration, who, had been apparently, i guess, you know, on part of the espionage, on bad end of espionage issue. she would have no obvious need to unmask trump campaign first quarter e officials other than political reasons. that is what the journal is saying. you worked in national security, what do you think? >> i mean you often get these intelligence reports. they refer to american number one, american number two. everyone is kind of curious, who did this. generally speaking, i don't know of any case where someone so-called unmasked the american talking, to the foreigner. so this is, this is an example of this, how this intel works. but i wanted to be very clear on this that has nothing to do with really the issue what the russians are doing in syria. liz: of course. >> we need to be very clear about what the russians are up to. i think our president needs to be very clear, not only with russians you but also with us. liz: we've got to go. but north korea, kim jong-un, it appears you have top military men. general jack keane is contributor here. i see no other path but to do a military move against kim jong-un and north korea. they are setting off bombs right and left trying to test missiles. what say you? is diplomacy dead on this front? >> first of all, i don't see there is any talking to the north koreans. i don't think this is matter of diplomacy with the north koreans. you i think there is lot of need for regional diplomacy. we need to be in very, very close contact with the south koreans. some 20 million south koreans are already within range of north korean artillery. we need to talk to the south koreans. i think it is very important that president trump try to sit down with the chinese to lay out what our concerns are. liz: doing that week. >> what would do and what we won't do. i think it's a very timely meeting that he is having at mar-a-lago with the chinese president. i hope there can be an understanding hope over experience. we have not been able to do much with the chinese. idea we go it alone on this, i think it is folly. liz: ambassador, good to see you. thank you very much. >> thank you. liz: ambassador christopher hill, former ambassador to iraq and korea. we're coming right back, stay tuned hi, i'm mindy kearns. it's great to finally meet you. nice to meet you too. your parents have been talking about you for years. sorry about that. they're all about me saving for a house, or starting a college fund for my son. actually, i want to know what you're thinking. have a seat. knowing that the most important goals are yours. multiplied by 14,000 financial advisors, it's a big deal. and it's how edward jones makes sense of investing. gave us the power to turn this enemy into an ally? 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house speaker paul ryan, we're getting reports has met at white house today, with vice president mike pence. this comes after vice president pens met with house freedom caucus members last night, about future of repealing and replacing obamacare. can this lead to a vote as soon on friday? charlie gasparino on the with the dets. >> i hate the process oriented stories. they meet, talk, they bs, often nothing gets done this. is particularly important story for obamacare investors or some form of health care, you can bring undo the budget somewhat, can get a decent tax reform package. that is what people say. liz: representative lewis was just on. >> i just mentioned that. liz: do it. >> that is why this is important from a process point of view. what was holding up trump, the repeal and replace effort last week was obviously the freedom caucus. the hard-liners, fiscally conservative hard-liners. liz: some centrists didn't like it either. >> some centrists couldn't bring it to the floor. tension between the freedom caucus and white house. president trump going after them on twitter. some of his aides calling some of their removals, not to be reelected in the too it ture. justin amash was target of dan scovino, public relations director. pence met with them. here is what with bring to you exclusively. he offered to broker a peace directly. i will broke ear peace. i apologize to the freedom caucus. some of these attacks were unwarranted. we don't want to get rid of you. he basically said, we'll offer you, this is public, we'll give you some of the stuff you want, ending some of the obamacare mannered dates, that they think were still, that they said were still in the current proposal. we did a full write-up on foxbusiness.com. i'm sure it will be on foxnews.com. this is an important story from this standpoint. when you have the vice president of the united states going and saying i'm going to broker a peace between this faction, not in the newspapers. my producer brian schwartz found this out today, exclusively -- liz: paul ryan with mike pence. >> when he says i'm brokering a peace between the freedom caucus and white house, he actually apologized from what we understand. liz: oh. >> the freedom caucus spokeswoman confirmed this account. liz: you can triangulate he apologized for donald trump's tweets that called out some of these freedom members. >> or dan scovino's tweets. he want to take down the are the rick, build a coalition, give them something, get this through. that is what we understand. trump is pretty tempestuous guy. liz: calling one of his own, a republican, big liability here, justin amash. >> that was dan covino. liz: justin amash said bullying may work with five-year-olds but not here. >> that is dan scovino, social media director. he speaks for president. the big news we have pence trying to broker a deal, offering them a tea leaf, apologizing. if they get them on board, meaning the freedom caucus. this has a chance passing sometime soon. if this can pass, again here is the key for investor out there, takes down the budget, the base line of the budget. you then can go for this 15% corporate tax cut, which most people believe is behind the dow's 2,000 point run-up since the trump election. that is why this is important. we did full write up of the exclusive story on foxbusiness.com. liz: you stun me. >> why? liz: fantastic work. >> oh, okay. thank you. i save it for you. liz: i'm usually ripping him. >> you and a lot of other people. liz: about six minutes the dow, gaining now, up 33. remember when we started, we were up about 24. today's market moves may be small potatoes for wall street. what does it mean if you live in idaho or anywhere else outside of the beltway or new york or l.a.? one of the top money managers in the entire country joining us live from boise, idaho, sandy dalton has been named one of the top 50 by "barron's" all over. we'll share money making advice she actually gives her clients. stay tuned. yes? please repeat the objective. ♪ thrivent mutual funds. managed by humans, not robots. before investing, carefully read and consider fund objectives, risks, charges and expenses in the prospectus at thriventfunds.com. melissa: nasdaq an s&p just turned positive. we have all green on the screen. >> what is happening inside of the beltway is making a difference all the way out in potato country. for that matter in the united states. our next guest comes from boise. she is one of the top financial advisors in the nation. sandy dalton of ubs. number one ranked money manager in the great stayed of idaho. how are you now investing what comes out of washington, d.c.? >> liz, it's a great question. thank you for having me. liz: sure. >> it is easy to get distracted by all the white noise in washington. bottom line there is a revolution going on in the united states. and it's a revolution of innovation, and we see innovation across sectors of the economy, in technology, where we have, where we have self-driving cars, internet of things, and energy with fracking and all the new technology and health care extending lives. is ace very exciting time to be an investor. we also think there is a positive to the politics, the sausage making is ugly. we think we will get, lower taxes. where we're seeing deregulation. we'll get more of it we believe. we saw the president today roll out a full person flow chart of how long it takes to get a highway approved. that is 10 to 20 years if at all. liz: gre. >> banks will well with deregulation. so hard for people to get a mortgage still. liz: sandy, we have a few seconds left before the bell rings. discuss the bull market continue to run because of those developments? >> we tell clients it will. like to be on a airplane between san francisco and new york, where it will have destination. we have turbulence. don't bail out of the airplane. we like to use our overriding principles, kiss principle. keep it simple, sandy. [closing bell rings] liz: i like it. sandy dalton. number one in the state of ohio for financial advice. stocks climb into the green. david, melissa, an interesting final hour. david: indeed. melissa: dow snapping a two-game losing streak. 40 points, s&p and nasdaq fighting for gains, turning positive in the final minutes. i'm melissa francis. david: i'm david asman. we're glad you can join us. which have you covered on big market movers. here is what else we have for you, very busy news day. era for u.s. economic victory has begun. making comments to union workers this afternoon, big business and infrastructure. details of a rebuilding project