Transcripts For FBC Countdown To The Closing Bell With Liz C

Off topic but i want to run it by you anyway. Is the president aware of the story of the staff who worked for the florida congresswoman who was recently arrested attempting to leave the country. I they aware of that particular circumstance and is he satisfied with the pace of the investigation. I have not had a conversation with him specifically about it. Its something we should fully look into. And there should be a thorough investigation. If to make it count. He wrote into family members. I want to extend my sincere apologies. That was inserted into the jamboree. As the president there. I was at that event and i saw nothing but roughly 40 to 45,000 boy scouts cheering them on. And i think they were pretty excited that they were there. And happy to hear him speak. [indiscernible] a lot of them had expressed frustration in the need of that. I was at that event. And i heard nothing but a lot of cheering and probably one of the most energetic crowds ive seen in front of the president. I have not seen a statement from the boy scout so i cant comment any further than what i saw firsthand and that was a lot of individuals. Cheering the president on. The first one will be there. They are here to violate the guidelines. And secondly they were reporting that the senate rakowski received a phone call threatening the services that were spent for that. Towards the people of alaska. They it they voted to start my own health care bill. Can you talk about whether that has happened. So it keeps it somewhat fair. Im not going to speak about conversations between ken cabinet members. They havent had a chance to talk to either individual about it. You talk about the president. [indiscernible] do you think they at least need to sit down and talk and get whatever this is out of the system to get off on the right foot here. I dont know if he is an opinion on what they should do it between the two of them. The president has always enjoyed healthy competition and conversation. I have to wrap up here. The president is ready to do an event i just want to leave you won one last thing before i close out on an important development. You guys love to talk about russia and there has been nonstop coverage and the one day there might have been a question on russia there wasnt. We have a lot of media with russia first today there was public testimony that further discredit that. It has been the source of so much of the fake news. We learned that the firm that produced it was also being paid by the russians. It indicates what the president has said its a shame that the president and the country had had to go through this charade continually and hope this will help us move forward in this process. With that thank you very much. She just mentioned something that happened on the hill. Apparently the socalled dossier which was to reveal some sort of horrifying accusations against President Trump when he was a visitor in that country has been discredited but she also for our business audience does the president feel that the tax reform peel should be revenue neutral. We will release more details as they come. What we do know that we can tell you is that they just released the tax plan is missing in the Controversial Border adjustment tax. We are about to get more detail on all that. You will hear everything a thing he has to say. She also talked about the ban on the transgender soldiers. The present has made it very clear he is disappointed in him. And of course the fight against the deadly gang ms 13. This all comes as i said as President Trump get set to honor specifically the heroes of that june 14 attack on the House Republican Baseball Team practice that left the House Majority whip Steve Scalise. We will make sure that we would take it when the president comes in. We are keeping a laser sharp eye on wall street. In the last few hours things have gone from rosie to mostly read. After hitting alltime highs all three indices earlier the stocks are now pulling back. On tech stocks in particular. They were on track for the 45th record close of the year. It is falling 64 points. I happen to be down hundred and four. Were not quite there yet. We cant ignore the transport. They too are down at the moment 341 points. Its a big percentage for any index here. This is all happening just one day after the volatility if fear index hit its lowest level since inception. It was below nine right now it is at ten so its moving a little bit higher as there appears to be more concerned. Extremely complacent yesterday. And copacetic they are. Some call that a top of the market in time to sell. Looking at some of the biggest movers facebook crushing it while twitter is taking facebook is up 3 as shares of the brain child hit a record high after reporting up 50 jump in secondquarter mobile ad sales. Both investors and not just like it but they absolutely love it. I list 12 of them had boosted their price targets on the stock. The stock right now is a hundred 70. When you two wins equal a loss. When you are twitter or a twitter shareholder. Revenue and earnings that actually beat analyst expectations why is a stock down 14 . Despite having the most powerful person in the world is a lower loyal user. They delivered zero growth in the second quarter. Twitter is now actually using losing monthly users in the United States. They jumped about 40 in anticipation that they would figure something out. There is some activity there in the white house at the mine. They are set to on our five of the First Responders we will bring it as i mentioned the minute it comes out. Breaking news that wrapped up a short while ago. It was blake burman standing by there were a lot of things they will have really just popped up in the last few days. And the president taking on to twitter to humor him where the transgender issue which is very opaque and unclear right now. As to how they would effectuate that. What jumped out at you. It was a major statement i that was just put out. And four of the top members. There were two pretty big points that we had been following for quite a while. The possibility of that is that at this point. It was the timeline up all of this. Weve been hearing the tax reform legislation would come in september late september or maybe even october or even eventually in december. Either way earlier today the Vice President made the guarantee that it will happen this year. The discussions and negotiations will continue. Details will continue to be worked out. But rest assured we are going to cut taxes and we are to cut taxes this year. Also from that briefing. In tax reform. As a White House Press secretary was asked if the president said there was confidence in his very own chief of staff. They like healthy competition. In other words in other words it wasnt i guess. We know that the battle is going back and forth here at the white house between Reince Priebus preibus in the new communications director. They say sometimes it can be just that but in this occurrence we are talking about the chief of staff. It really looked like he put the vice grips on reince preibus. When he refers to them as brothers tend to battle. We know how that story ended. Standby i need to go there. Moments ago he discussed an amendment and they voted on this amendment offered by senator steve daines on a singlepayer they wanted to do that so they could get democrats on the record about single payers it was rejected later. They will move them closer inch by inch the voting is expected to take hours. And it may go into the wee hours of the night. Foxbusiness will be on it as long as we need to be and of course the healthcare insurance situation the skinny repeal they hate it. The specific proposal to illuminate the mandate to buy insurance. Giving people cheaper options. But americans have a huge large lobbyist company. They wrote a second letter now to Senate Leaders say mess. Policies that do not stabilize the market and simply drop incentives for people to buy coverage will repeat what we have seen in the past. They will rise rapidly. And no affordable Coverage Options will be available. Then we have this. You know i had been on a rampage on this. Blue cross blue shield said a system that allows people to purchase coverage only when they need it it drives up costs for everyone. Not if you give them a skinny bundle. They will find something to hate about everything. And continue to make money hand over fist. What we see those concerns. Adam shapiro is on capitol hill right now. It is about medicaid also. Once that amendment the amendment is offered. Most likely after midnight this evening. Theres three big issues here. It would repeal the mandate for individuals to buy insurance it would also repeal the mandate on employers in some cases to provide insurance. It would repeal the medical device tax. It would be gone. And it would also defund planned parenthood. There is a question to the defunding of it. The leadership says yes. There was a version of this in 2015. It would be used and would be compliant. Here is what he said. About the need to pass not only the amendment but then send this to the house. Eliminating those mandates would be a significant step and i think there may be 15 republicans they are confident they will get passage. We have Lisa Murkowski who is saying shes not exactly committed to know. We just want to let everyone know. He is the alabama republican also the trump attack on his best friend in the senate the fellow albanian Jeff Sessions that is about 20 minutes. In the meantime they are awaiting the president. A very quick commercial break. Dont move we are coming right back. Back on june 14 the Republican Baseball Team practice which was just a tragic situation and lets listen in. Welcome to the white house. And welcome to americas hero week. One month ago today america woke to shocking news that a gunman have opened fire on a baseball diamond just south of our nations capital. In the wake of that horrific attack our nation was deeply inspired by the heroism of americas First Responders and we celebrate that today. Today President Trump will pay a debt of gratitude to the men and women who inspired the nation that day and all they represent. This week good news. The nation rejoiced with word that congressman Steve Scalise was released from the hospital. Comic and steep i steve i know you are watching so let me say we are inspired and relieved by your recovery. We are especially honored to be joined by your wife jennifer. [applause]. I know i speak for the president. Jennifer also wanted me to recognize to medical professionals. From the very moment he arrived at the hospital. A medstar. Of medstar Washington Hospital saved lives and we are honored by that. [applause]. Here on americas heroes week. To honor five truly remarkable americans. Without regard to their personal safety brush in harms way and prevented an even Greater National tragedy join me in welcoming five american heroes here to the east room at the white house. [applause]. Officer alexandria jensen. Officer nicole of the Alexandria Police. [applause]. Officer davis bailey of the United States Capitol Police. And officer krystal breiner of the United States Capitol Police. [applause]. As you will hear more in a moment these five officers exemplify the best of Law Enforcement in this country. And they honor us by their presence today. Before we welcome the president would you just join me in showing one more round of applause to five remarkable americans and all the men and women in Law Enforcement that they represent. Here at the white house. [applause]. [music] ladies and gentlemen the president of the United States. [music] [applause]. Please sit down thank you. And thank you to Vice President for doing a fantastic job in for the introduction we welcome you all members of congress into english guess we are gathered here today for a very special occasion as we pay tribute to real heroes who screen just actions saved some lives just six weeks ago. On the morning of june 14 several members of congress began their day on the baseball diamond practicing for one of this towns greatest traditions the annual Charity Congressional baseball game. It is just another beautiful morning until the unthinkable happened the familiar sounds a baseball were suddenly interrupted by loud, vicious gunfire. Matt Micah Zachary boss in beloved congressman Steve Scalise were each shot others were injured trying to evade the incoming bullets of which they were many. Fortunately from the moment that gunman began to shoot he was met by returned fire. Capitol Police Special agents david bailey and crystal greiner race through the bullets and thats exactly what they did. They raced through the bullets. And immediately engaged the gunmen minutes later members of the Alexandria Police department arrived on the scene officers and cavil jones and alex jensen joined the fight special agent greiner was shot in the leg a visitor in the hospital. And shrapnel injured. As bullets swirled all around him. Despite the injuries both officers heroically continued to face down the gunmen until they brought them down. They had rifles and handguns. Its a big difference these officers saved the lives of every innocent person on the field that day. Many of them friends of mike and myself and they are american heroes and we salute them. [applause]. [applause]. That is so beautiful thank you. We also salute the members of congress who acted with such bravery in the face of danger shielding each other and carrying for the injured. We honor today the emergency dispatchers who directed the First Responders to the scene within seconds. They really acted quickly i also want to thank the people from the fire department. For providing lifesupport in a crisis where every second mattered. Enqueue for what you do and what you did that day. And every single day thank you very much. We also express our deep appreciation for the paramedics doctors nurses and surgeons from medstar Washington Hospital joining us today is his medical team joining us today is his medical team the director of trauma. The director of orthopedic trauma. There were a lot more worried that night at the hospital that night. With the gratitude of the entire nation. Thank you for caring for the victims and for your dear friends. He is our dear friend. He is a fighter. This week he was discharged from the hospital and is now beginning weeks of intensive rehabilitation at an inpatient facility he will recover we are praying for him and we are pulling for him and we are sending his family our support and our love. Steves great wife who have been to know jennifer is here with us today. And we applaud the strength and courage that she has shown throughout this incredible ordeal. [applause]. Other americans responded to this tragedy in ways that remind us how much stronger we are when we are united. When the congressional baseball game was played at just one day later nearly 25,000 people turned out. Its all but also by far a record. The citizens of the home parish. They donated his blood at the congressional blood drive. Thank you mike. [applause]. Just recently has republicans and democrats introduced a bill to provide support to Capitol Police officers they had been looking at this for a long time. You can tell steve that he pulled it off. It is better than being a whip. I hope it gets to my desk soon i will sign it immediately. The assault on june 14 reminded us that eagle evil exists in this world but it also reminds us that heroes walk in our midst. The result is stronger than ever. We praise the Law Enforcement they are being tough with tremendous integrity i just want to thank Law Enforcement. [applause]. I can only tell you from the Campaign People love you give great admiration so just remember that please. Today i am am deeply honored to present our highest award for a Public Safety officer the metal a baller to special agent crystal greiner and david bailey the metal a baller is reserved for those who go above and beyond the call of duty as each of these men and women did that on that fateful day and they did it with great courage and they did it with instinct. When our human instincts tell us to run there is danger the police and First Responders run history added. Standing in the breach protecting the innocent and keeping our love one saved. Now i would like the military aid to read the citation as the Great American heroes step forward to receive the metal metal of baller presented to the u. S. Capitol Police District of columbia. For bravery and composure despite being been shot she placed herself in mortal danger to save the lives of members of congress at Eugene Simpson memorial park. [applause]. Special agent david bailey. Middle of baller presented to the u. S. Capitol Police District of columbia. For taking brave and Decisive Action to subdue an active shooter. Special agent bailey was shot during the exchange of gunfire but continued to advance