Pete at least one of the reasons why i say its a 40 cash last week. Petes in cash, too. The market has been looking past it. Things keep popping up and eventually the market is not going to look past it. I dont know if this is the big one, so to speak, but you have to worry. There are these kneejerk tweets, so to speak. I know jim says you cant govern by tweet. But yet theres not a lot of follow throughs. The scary thing to me was what he did with the security counsel which was taking off national the joint chiefs of staff and putting on bannon. Are you changing the way that youre thinking about the market as a result of that or is immigration executive order . Its actually the way i thought about it, which is again why im in cash. Is that theres complacency and that youve already discounted the tax bill, youve discounted infrastructure. Life is going to be smooth sailing. Even under the most i should say rational presidency, those things take a lot of time. There are bumps along the w
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.
And around the world over his temporary ban on immigrants and refugees from seven terror hot spots. And now as global leaders, republicans, democrats, even ceos condemn the ban. The push is on to not only block trumps cabinet picks, but his entire agenda, including repealing obamacare and tax reform. Welcome to risk and reward im Elizabeth Macdonald in for deirdre bolton. Tonight we have an allstar lineup. Well have former president ial candidate mike huckabee, american sniper chris kyle interpreter himself who supports the ban, architect James Mitchell and a constitutional expert who says refugees do not have the same rights as u. S. Citizens. Also, this hour we are monitoring a kosher vote in the senate on Rex Tillersons nomination for secretary of state. Were also watching a Committee Vote on lyndon mcmann to one the Small Business administration. Also, within the hour, democrats will gather on the steps of the Supreme Court to protest President Trumps executive order as unconstitut
Demeaning process. And very demeaning on the other side. And they want to make you look as bad as possible. And of course the press can be very demeaning, too. But im sure the press will be very dignified in this case. Thats the word. I think hes a very dignified man. Id like to see him go through a dignified process. I think he deserves that. Hopefully it will go quickly. And well see what happens. So what we might do is just that, we might ask for the folks in the room just to give yourself a quick, your name and a little introduction. And, wayne, i would say they know you, perhaps they know you better than they know me. I doubt that. Wayne, national association. Nance, ceo and president of concerned women for america. Im sharmane yosta with american havevalues. Thank you, mr. President , for this nomination. Thank you. Great job. Thank you. Tom with the u. S. Chamber of congress. Congratulation on a fantastic nomination. Thank you very much. Norquist, americans for tax reform and th
People that just hours ago told people that general kelly was unaware of whats going on, and then moments later he gets on air saying heres how many time i was briefed. With all due respect, i think you have been part of the confusion. The secretary of Homeland Security just stood up and said youre calling him a liar . [inaudible] jonathan, im talking to im saying you said that the reporter from the New York Times said that he was unaware of the ban. It is odd to me that were having a discussion about somebody whose job it is to execute lawful orders who chose not to do it hold on who chose not to do it, and then were questioning whether or not we were right to remove her. Trish we should mention as well that there are a number of reports you see he singled out the New York Times, and he singled out nbc, but there were these reports out there saying that, you know, Homeland Security had no idea about this, general kelly, secretary kelly did not know, he got up, gave a press conference