Transcripts For FBC FBN AM 20171207

Mystery revealed the identity of the person who paid 450 million for this masterpiece. Fbn am starts right now. Train 25 01 a. M. In new york thursday, december 7th. Im cheryl casone. Lauren thank you for joining us. And lauren simonetti. Drink a lot of breaking news. Monster fires filled by those powerful santa ana winds have destroyed dozens of homes and cost tens of thousands of residents there to flee. Fire Officials Say the worst may be yet to come. We are dealing with a number of flareups. The big story at this point. As you can see some strong winds in deaths occurring. Lauren the largest and most distraught of fire is burning in ventura county. Fox news Jonathan Hunt is live in santa paula with the latest for us. Hi, jonathan. Reporter lauren and cheryl, good morning. Facing a critical 24 hours in what has been a really tough week for thousands of firefighters here in Southern California. The santa ana winds, the flames are going to get worse today. Take a look at the flames behind us. This is the kind of things these firefighters are dealing with in the hills trying to prevent these flames getting towards homes and today those winds are going to hit the guy said 80 Miles Per Hour we are told. So you have Hurricane Force winds and flames like those you are looking at right now. You can imagine what a dangerous and potentially deadly combination that is. This is part of the thomas fire the biggest burning in Southern California right now. So far is scorched and 45,000 acres and it is destroyed more than 150 homes in total. Another got fired today in l. A. Threatened the wealthy enclave of bel air with her of many multimillion dollar homes. Four homes destroyed by firefighters in l. A. Tell us they now do have a handle on the fire. They are very worried about the winds and keeping a very close eye on it. We have a Rating System for the santa ana winds and fire dangers in Southern California. The highest level of warning is purple. That has never been put into effect in Southern California. It is in effect today which tells you all you need to know, lauren and cheryl, about how dangerous the next 24 hours are going to be. Train to those images we saw from Downtown Los Angeles yesterday, before i flames and all of those fires are now extinguished. Is that correct . There are always flareups that tend to go on a little while. The firefighters in l. A. Tell us theyve basically got a handle on the fire, but they are Still Standing by in the area in the neighborhood of bel air just in case they were flareups driven by these warm santa ana winds. Nobody is letting the card down yet. Lauren Jonathan Hunt, thank you. Lauren senator al franken set to make announcement on this here is where of his democratic colleagues call for his designation. He will do the right thing and step aside. I feel a series of allegations are serious that when he speaks to the nation into folks back home in minnesota it will be the best step to step down. Lauren no final decision has been made beauty still talking at still talking with his family about what to do. Yesterday some of them and accused the senator of misconduct claiming he tried to kiss her, saying it is my right as an entertainer. Senator franken strongly denies that allegation, but if he does step down, the governor of minnesota and that is a democrat, would make an appointment on who to fill the senate seat. Cheryl at the clock ticking, President Trump to meet with Chuck Schumer and nancy pelosi today to discuss funding the government. Lauren before it runs out of money coming midnight friday, adam shapiro with more. Reporter good morning. Were expecting the house to vote on a resolution to make song perhaps to fund the u. S. Government passed the midnight deadline friday evening. Still some disagreement but once it passes the house who will coach the senate expected to pass it almost immediately before the holiday. If it doesnt pass the house, President Trump says hes cool with the government shut down. Heres what he says. It could have been. The democrats are looking at something that is dangerous to our country. They are looking addition down. They want to have Illegal Immigrants in many cases. People we dont want in a country that want to have Illegal Immigrants pouring into our country, tremendous amounts of crime. We dont want to have that. But one have a great come of beautiful free country. Reporter if youre looking at that time and if all this, once the house passes the continuing resolution, and allow for a voice vote an essentially the ability to pass it asap. In other words, senators can get out of here for the weekend. Lauren Senate Republicans begin negotiations to reconcile the house and senate tax bills. Congress will work out the differences on the major issues between the bills including the corporate alternative minimum tax as well as state and local tax deductions. Senate finance chairman orrin hatch says there is a move right now to set the corporate rate that 20 but at 22 and that the increase they can find more revenue. Citigroup expected to take a onetime hit of 20 billion under the tax plan. The charge of mostly stemmed from their bank writing down its deferred tax action. Cheryl despite the fact President Trump is now in the white house, former president upon the giving himself a pat on the back for the strong economy. Obama said his administrations policies on climate change. As we took these actions, the u. S. Economy has grown consistently. We saw the longest streak of job creation in American History by fire. A streak that still continues by the way. Thanks, obama. [applause] cheryl he made more examples, by the way. President tom kite regulation have driven the economic expansion this year. The markets have liked it. The twoyear portfolio. Transfer retirement plans put on hold for disney ceo bob iker. Tracee carrasco joins us attack. Good morning to you. Tracee bob iker will stay past will stay passes 2019 retirement date it is the wind that day to buy the assets of 20 assets of 21st century fox Parent Company of fox business network. According to the wall street journal, this was requested that the terms of the sale. It deal could be announced as soon as it next week. A new development in the massive data breach. Train ford reuters is reporting a man was responsible for step three is data breach with 50 million customers. He was reportedly paid 100,000 to destroy the data through socalled Bug Bounty Program to use to reward Security Research to report flaws. Last year uber did receive a call from an anonymous person demanding money for user information. That of reporting date this decade to deal with it on their own. Lauren here you have a Company Already in hot water. A lot of times the companies dont pay. Finally finding out, speaking of pain, bought the da vinci painting. 450. 3 million painting. Worlds most expensive painting ever sold here in new york according to the New York Times that the buyer was a saudi prince with no history is an art collector in no source of great wealth. The abu dhabi and United Arab Emirates tweeted that the painting is coming to the louvre and abu dhabi. Trade is not a painting of jesus, the person of jesus christ . Lauren a lot of celebrities are looking at it. I know jay lo was looking at it. In those circles that was a big thing to have. We are not in those circles. Cheryl we are very far removed. We love our circle. We will see you in a little bit. Also coming up. The possible resignation of al franken for roy moore in alabama. While democrats go on the attack . We will talk about it. Something going on at the u. S. Embassy in cuba. U. S. Workers there has brain abnormalities. You are watching fbn am. Fidelity, where smarter investors will always be. For every hour that youre idling in your car, youre sending about half a gallon of gasoline up in the air. That amounts, over the course of the week, to about 10 pounds of carbon dioxide. Growth is good, but when it starts impacting our quality of air and quality of life, thats a problem. So forwardthinking cities like sacramento are investing in streets that are smarter and greener. The solution was right under our feet. Asphalt. Or to be more precise, intelligent asphalt. By embedding sensors into the pavement, as well as installing cameras on traffic lights, we will be able to analyze the flow of traffic. That data runs across our network and we use it to optimize the timing of lights, so that traffic flows easier and travel times are shorter. Who knew asphalt could help save the environment . From godaddy in fact, 68 of people who have built their. Website using gocentral, did it in under an hour, and you can too. Build a better website in under an hour. With gocentral from godaddy. Tranter lets get you caught up what is happening now. Fbi director Christopher Wray prepares to be grilled on capitol hill after donald trump junior told lawmakers there is no collision during the campaign and he claimed attorneyclient privilege. House republicans want to question way about the antitrump Text Messages exchanged between former members of Robert Muellers russia team. Blomberg thursday they proved bias against the president in the investigation. The victims of the mysterious attacks on the u. S. Embassy in cuba may have more than just hearing loss. Doctors say that it dims are showing signs of brain abnormalities as they continue to investigate. A former jeopardy winner charged with breaking into coworkers computers. Stephanie khan and her colleagues email account added college presheepherding court with two felony accounts. As you recall she held the record for the most consecutive wins by women on jeopardy. She won seven games in a row and now shes been charged. Cheryl she was smart that it wasnt spray to break into the Computer Systems that her office. A lot developing it has developed overnight especially in the last 24 hours on the al franken situation. Another women coming forward accusing the democratic senator of sexual assault. This comes as the democratic chorus has risen in the senate demanding that the dialogue among the liberal women did in the charge. Kristin gillibrand and mazie hirono. Would need to draw mind in the sand and say none of it is okay. None of it is acceptable that we should be held to a higher standard. I do not feel you should continue to serve. I hope that he will do the right thing and step aside. Train to nine other female democrats echoing their calls for franken to resign. Will he step down and what does this all mean for the party and the gop . Joining us now is texas congressional candidate veronica birkenstock. Good morning. Good morning. Drink it seems that democrats are putting a key strategy into place. They go after franken, led by the charge of female democratic lawmakers, the differing moore is elected next week, they can say weve cleaned house and they can go on the attack against the gop. Is that the strategy . Im pretty sure thats a strategy. The key difference is that roy moore has not come fast and actually denied these claims, where was senator frank and we actually have pictures and additional proof he has engaged in behavior that is not becoming of a senator. Cheryl you have heard already from Mitch Mcconnell, gop leader Mitch Mcconnell that there probably will be an ethics investigation if he is sent to the u. S. Senate. Do you think that they are going to change their mind . Do you think because theres no proof that these allegations that that is what is going to happen . I dont think that they will not do anything. I think it is prudent to be some type of investigation. There also needs to be some level of proof and we shouldnt spend decades investigating issues when theres really absolute physical proof. Cheryl i think a big surprise when the president came back again and endorsed whittemore and then you have the Republican National committee, out and once again back in after backing away. Is there a lot of tax reform at the end of the day about needing roy moore to make sure the combined delegates to President Trumps desk . I think its about doing the right thing. Throughout the last two or three weeks when this came to everyones attention, we still havent seen any proof that there has been multiple investigations going on both sides. I dont know if its about a strategy or just about doing the right thing. Im happy President Trump is now supporting judge moore and the Republican Party coming back into play in helping him win the election is the right thing to do. Cheryl at the same time youve got pretty much a chorus of democrats, male and female at this point better side in in particular franken needs to resign. They are the women paired with also got a picture of all the democrats in total. My point being is that seems to make this their opportunity to go after roy moore in this credit and make the republicans look bad in washington for 14yearold. As part of the strategy. We need to hold all members accountable whether its in the work place, congress cover your home, harassment is no place for it. I am thrilled democrats have held one of their own accountable. We have to see what happens next tuesday. The president has said that the folks of alabama decide and they will pay for rhonda petrovic thank you very much. Lauren coming up, raging wildfires in california said in los angeles. Rage against the clock in the santa ana winds. Where the combination of the strong worth easterly winds. There is a lot of potential for some large fire growth. Lauren is there any relief in site as they battle those wins. We will ask fox meteorologist janice dean next. Higher by 22 points and for the first time in five days s p futures indicating a higher open. We will be right back. [vo] progress is an unstoppable force. The season of audi sales event is here. Audi will cover your first months lease payment on select models during the season of audi sales event. Well, youre not the typical kind of candidate that i hire, but you are exactly what im looking for. [narrator] your company could be missing out on the candidates it needs most. Learn how to find a great pool of untapped talent at gradsoflife. Org. Cheryl but it sure is santa ana winds with massive wildfires and california. One burden in the heart of los angeles. Transfer the images in are terrible to look at. The Fox Weather Center with the forecasts. Any relief in sight . Southern california expected the santa ana winds today and even into the weekend critical to extreme fire weather danger across Southern California but towards Santa Barbara into san diego in excess of 50 Miles Per Hour. Heres the legend. 30 to 50 Miles Per Hour. Stronger when does and we are not getting any relief in terms of moisture for the next seven to 15 days. And those firefighters out there so dangerous and this is the story were going to follow. Another big story in the southern snow. In the next 12 to 24 hours but he also might have found white snow in the northeast. This is a dangerous situation for areas that dont see the snow sleet or freezing rain. You are in here with the mixing friday afternoon. Potentially dangerous situation. Will it be a close call for snow along the north coast . Stay tuned will keep refining the forecasts. Do mornings now. Lauren thank you, janice. They dont deal with snow the way we do here in the northeast. Especially in texas, black ice is one of the worst things you can have because you dont see it and you end up with a lot of vehicle crashes. Anyway, be careful. Lauren President Trumps spending announcement on the way to israel. Cheryl i judge this to be in the best interest of the United States of america and the pursuit of peace between israel and the pilot demands. This changes the landscape and will be a very Merry Christmas for the airline. You cannot believe how many people are flying and how tax airports are going to be. We opened our doors with 70 megawatts, 35 mules, and an ice plant. But we brought power to the people redefining what that meant from one era to the next. Over 90 years later, we continue to build as americas 3rd largest investor in infrastructure. We dont just help power the american dream. Were part of it. We finally acknowledge the jerusalem as israels capital. This decision reflects the president s commitment to an ancient but enduring truth to fulfilling his promises in peace. Trade to President Trump shaking up the middle east landscape fulfilling a Campaign Promise to formally recognize jerusalem as israels capital. Our experts going to weigh in . Train through the dow fell yesterday. S p arachnid fungus losing streak since march. Tech stocks better and features across the board pointing to a higher open today. Cheryl europe stocks opening up as tech stocks edge higher. Right now the major indices are a. Trade to the nikkei in japan jumping 1. 5 . The crypto currency blowing past the 13,000 mark crossing 14,000 to do against it. Fbn am continues right now. Lauren it is thursday, december 7th. Im lauren simonetti. Cheryl and lauren simonetti. The story just wont stop. You are going to have a gas talking about them later on. Its fascinating. A lot of breaking news coming in over night. Lauren the reaction that continues to pour in in response to President Trumps controversial announcement on the u. S. Embassy in israel. Cheryl more on that from blake for men. Reporter inside the white House Wednesday President Trump said the decision not only to that the u. S. Embassy from tel aviv to jerusalem, but also to recognize jerusalem as the capital of israel is a recognition of reality. The president simply saying its the right thing to do. President trump tried to drive home the point his administration is committed to the Peace Process in a two state solution if the greek duke by both sides. We want an agreement that is a great deal for the israelis and the great deal towards the palestinians. The United States remains deeply committed to helping facilitate a Peace Agreement that is acceptable to both sides. Alice and arabs in the region protesters burned images of the president. Turkeys foreign minister said he raised objections with the secretary of state. [inaudible] while the president made clear the efforts of peace in the past have failed come he did try to reduce some of the tensions that this vision by calling for the status quo to remain as it relates to jerusalems holy site. The israeli Prime Minister Benjamin Netanyahu saying they would not be touched. Back to you in new york. Cheryl foam on the set for an foxs Foreign Policy analyst chiron skinner and michael barnes, former advisor to president george w. Bush. Good morning. Michael, i want to start with you. This is something both president bush, all president s have a decision to make webbased or do you think is a good idea for President Trump to make the announcement yesterday . This has been a matter of u. S. Law since the 95. It was clear in his campaign this was a policy would advance. Issues of timing wouldve been smarter to make this as part of the announcement of peace. The seven line soninlaw Jared Kushner is releasing this year. That is a way to balance out concerns, but more importantly to the Rex Tillerson had asked for a little more time to ensure Embassy Safety and the president didnt get that time. I am concerned the repercussions could have an impact on staff among others around the world. Cheryl a lot of negative reaction coming in from around the world with their lives to reset may come as she did not agree with this decision at the chinese have made comments about this and of course the king of jordan. The region itself could be incredibly upset by this move. It now, i think this was going to happen in terms of the Global Reaction no matter when the president made the announcement, whether he waited until next year when perhaps a peace plan was further worked out. I think he had to make it now. Simply because there was something that he was working on for a long time. He had fully vetted through the interagency process of the u. S. Government. He was presented with the range of alternatives and decided he would do something thats fairly conventional in american politics right now for several decades there has been a call from congress with the 1995 Jerusalem Embassy act and the president ial candidate and president s to move the u. S. Embassy from tel aviv to jerusalem. He actually did what americans have been calling for and it is an important Building Block in the middle east Peace Process. In some ways despite the Global Reaction at takes off the table this very issue so that the israelis and palestinians can begin the process of figuring out the sovereignty issues themselves. That made it extremely important for the president to do it now. Cheryl and maybe divide jerusalem in half. I want to show if you look at where jerusalem and tel aviv are, i want to hit home here with our viewers, what a small landmass we are talking about when it comes to where israel is and what it is. Jerusalem, and the city itself, youve got a mosque and a temple in the Greek Orthodox church and in this very small area of land, thats when land, that says he cant even find a facility yet a facility yet to put our embassy in place because there is no room. That is what theres concerned about acts of violence in jerusalem spread from our making this move. Absolutely. A mixer challenge so great. An important place for so many nationalities that theres got to be awake it has to be a peace plan that allows people to be able to access this revered place in a safeway in the bigger peace plan that ui should be proposing would hopefully make this move a part of it so we can move things forward and get this issue resolved after 22 years of u. S. Law. Cheryl should we be concerned about our allies in the reaction to this . Again, the allies and adversaries were going to respond because the United States has exhibited leadership in a way that they were prepared for. Prior american president s have said they would do this but they would not. The reaction will begin to die down because it was sink and the President Trump was very careful and deliberate on what he did with the two state solution for example should be part of the discussion if the parties wanted. That is the goal is the polemical piece. Things are getting up with us this morning. Appreciate it. Lauren looks like a very Merry Christmas for the airline. Lots of business coming their way. Cheryl welcome back, tracee. Tracee 51 Million People expect you to travel globally this Holiday Season from December December 15th through january 4th at 3. 5 from last year. To accommodate all of these people come airlines are adding 91,000 extra seats, more flights at. The busiest travel dates are december 21st and 22nd and 26. The latest travel days that christmas eve, christmas day, new years eve in December December 15th. So what we are changing its name kind of. S. Coming changing its name to walmart. Walmart will be getting rid and dropping the word story from its name. It will no longer be walmart stores. It would just be walmart. This is kind of a reflection, a shift away from the brickandmortar stores to focus on all the ways that they are selling online. The ceo says they want to make sure customers know you dont have to shop in the store. There are other ways you can shop at walmart. Tracee kfc dropped Kentucky Fried Chicken said they would downplay the friday coach. They changed their name to tapestry to include all of the Luxury Brands under their company. Trades are you definitely dont know this. I dont know how i know this. Walmart workers do a little shimmy when they do they cheer they are still allowed to do a shimmy even though the s. Gone. There is a new drain for the holidays at starbucks. Tracee you know how they come out with those holiday traffic chinos. Now theyve got a Christmas Tree for pacino. We will show you a picture of it on your screen. Chocolate mocha, proper that mocha is top that they are and swirl. To produce a caramel drizzle in the candied cranberry beds and a dried strawberry and top is the star. It does look like a Christmas Tree only available today through december 11th. Very limited if you want one. I think they wouldve done it through christmas. They do this with the special drinks. They only have them for a few days. Its not a secret. Its out there. Does look very good. Drinking now were thinking about coffee. Florida shifting into reverse and driverless cars. The company now plans to focus less on electric cars driven by real drivers and nonhybrid striven by nobody. While producing the self driving cars here in michigan. Later in morning to rhea, jeff flock will interview ford executive Vice President jim farley. A lot more details on the plans. Cheryl coming up, bitcoin continues across the 15,000 mark. What is really behind this move . What is bitcoin worth and will you vote against it . Plus we would tell you about one python hunter. A recordbreaking snake in florida. Look at that thing. My business was going nowhere. So i built this kickin new website with godaddy. Building a website in under an hour is easy 68 of people. Who have built their website using gocentral, did it in. Under an hour, and you can too. Type in your business or idea. Pick your favourite design. Personalize it with beautiful images. And. Youre done and now business is booming. Harriet, its a double stitch not a cross stitch build a better website in under an hour. Free to try. No credit card required. Gocentral from godaddy. Cheryl welcome back. A major victory for gun rights supporters. House republicans yesterday voted in favor of making concealed carry permits valid across state lines. Similar Senate Legislation faces a future of Top Democrats and gun control advocates rallied in opposition on capitol hill. Vladimir putin has announced he plans to take another turn as russian president in next years election. If he wins another six years in office who will give him 24 years in power. Under the longest by a russian leader. Finally this. Imagine coming face to face with this guy, grow something. A 17foot python. Jason lamb said he record in south florida to kill is a python in the everglades previous 17foot one inch snake weighed in at 132 pounds. A snake of that size could kill a fullgrown man. There you have it, lauren. Lauren 17 feet. Bitcoin jumping the seventh team in value has been named after a first cost 12,000. The Asset Management will try to explain this runoff to us. What is going on with bitcoin . Its hard to keep up with a up with there. I looked at the 13,014,000 this morning with crossed 50,000. It is almost useless for us. Anyone can look at this chart on our screen right now and say this is clearly a bubble. That doesnt mean it will be an entity down the road. If we think back to the. Com era, a lot of companies clearly in the bubble that sound like amazon are the most formidable companies in the world. Like it or not we have a new asset class legitimized them they will start treating as early as this sunday. To think thats helping to explain that they will get in before the rate . Theres something we need to talk about. Jpmorgan and citigroup have all come out and said it hasnt been vetted clearly. More stress testing the security. A new short bitcoin . I believe so. That will be a big issue. Global hedge funds do here . Its very understandable why countries vied to get rid of bitcoin. Because they cant control it will never be able to control it because its decentralized. It exists on computers all over the planet and as long as that is far away i dont see how they can stop it. Its an entity right now and like it or not a cure. Lauren Central Banks have spoken out saying beware yet we continue to see if the prices drive higher. There is a bitcoin monies nervous which was sent down. Go ahead. It looks like it was a hacking people last money. I think its as high as 66 to 70 million last year. Obviously, it is a dangerous issue. One of the most Dangerous Things out there is the fact that so many bitcoin. 04. 100,000. You talk about the stock market gains this year, 17 for the broader market. Thats awesome. Bitcoin at 1300 of the volatility that investors need. I wish i owned it. I did not. Lauren have a good one. Cheryl i wish i bought netflix when it was four bucks. Coming up, some big news in the sports world to tell you about. North koreas aggression for athletes to compete at the winter olympics. U. N. Ambassador nikki haley weighed in. Its official. The 50 million man scored a victory over cowboys owner jerry jones. Weve got that coming up next. Retail. Under pressure like never before. And its connected technology thats moving companies forward fast. Ecommerce. Real time inventory. Virtual changing rooms. Thats why retailers rely on comcast business to deliver consistent Network Speed across multiple locations. Every corporate office, warehouse and store near or far covered. Leaving every competitor, threat and challenge outmaneuvered. Comcast business outmaneuver. Lauren russia and athletes may not attend because north korea u. N. Ambassador nikki healy with the story last night. There is an open question i have not heard anything about that but in the talks with north korea its always about how we protect u. S. Citizens in the area. Tensions continue to rise between washington and pyongyang. They will be held in february in south korea. Cheryl hall of fame quarterback warren moon has been accused of sexualharassment by a female employee at a Sports Marketing firm accused of making continuous unwanted advances. Allegedly groping his assistant while she was sleeping. Another incident during a business trip accused of drugging the womans drink. The 61yearold has denied these allegations and has taken a leave of absence from the Seattle Seahawks radio broadcasts. Lauren espn has signed a 200 million fiveyear extension to remain commissioner of the nfl through the 2023 season. 85 paid through bonuses and incentives that has to be approved by nfl owners. Dallas cowboys owner jerry jones fighting the extension of the contract threatened to sue the Compensation Committee during negotiations. The broad james and the Cleveland Cavaliers taking on bad 32 points the biggest shock came with 15 seconds on the clock but the gamewinning shot. 13 federal final 410195. Cheryl says curry out for two weeks with a sprained ankle. Golden state warriors to be the hornets. Also with a triple double. His first of the season. Rafael palmeiroa talking about a comeback hasnt been on the diamond since 2005 but no doubt he can make it. He was suspended in 2005 testing positive and never took performanceenhancing drugs. Lauren 53 with the combat . Coming up, a warning about the future of the chinese banks. For every hour that youre idling in your car, youre sending about half a gallon of gasoline up in the air. That amounts, over the course of the week, to about 10 pounds of carbon dioxide. Growth is good, but when it starts impacting our quality of air and quality of life, thats a problem. So forwardthinking cities like sacramento are investing in streets that are smarter and greener. The solution was right under our feet. Asphalt. Or to be more precise, intelligent asphalt. By embedding sensors into the pavement, as well as installing cameras on traffic lights, we will be able to analyze the flow of traffic. That data runs across our network and we use it to optimize the timing of lights, so that traffic flows easier and travel times are shorter. Who knew asphalt could help save the environment . [vo] progress is an unstoppable force. The season of audi sales event is here. Audi will cover your first months lease payment on select models during the season of audi sales event. Cheryl International Monetary fund warning banks that they might not have enough capital to protect themselves against possible credit risks. Riva gold joins us now. What is happening with their system . Good morning. Youre mis credit growth in china has been a risk factor in all Global Investors radar for a while. The fact way, there is a concern about some of the new Wealth Management products launched in canada and can have explosive credit growth bear, particularly among small and midsize lenders. It is not something that is necessarily overcome in certainly something authorities in china have already been working on correcting down on, but it could mean the path of growth ahead has to be a little bit slower in order to kid these credit risks in check. Cheryl of the realist day risks which some have said it was the bubble. Here in the u. S. We are getting our jobs report tomorrow. What do you think european investors are looking for . The two Big Questions are on the jobs report or what does it mean for the dollar and the effect it has on the euro in what is a need for government on yields . European stacks are weighted to the Banking Sector and could really use a bit of a jolting Government Bond yield if the reports really strong and it pushes up expectations to raise rates even more next year, that could give a shot in the arm to european banks. Lauren riva gold, thank you very much. Cheryl dataset for us. We now turn it over to maria bartiromo. Morning safari starts right now. Thanks for joining us. I had maria bartiromo. Thursday, december 7th at top stories right now at 6 00 a. M. On the east coast. President trampled that what Chuck Schumer and House Minority leader nancy pelosi at the white house added the white house that of the shutdown deadline. The president warning to shut down could still happen. The main Sticking Point showdown over immigration. Democrats may be what to shut down because they want people flowing into our country and i want people to set those people and they want to read them carefully because we dont want to have radical islamic terrorism in this country and we dont want to have crime in this country. Maria plus, leaders linking the debt ceiling increase to the spending bill. A race against time