Alisters including Angelina JolieGwneth Paltrow come as weinstein is accused of rape. Zuckerberg says hes sorry after posting video with avitar, the markets under selling pressure this morning. Take a look. Dow industrials, s p, nasdaq all pulling back from yet another record high yesterday, major averages expected to be down just fractionally at the open. In europe major indices look like this, its a mixed story. The dax index is higher. In asia overnight markets were mixed at the close, japan, nikkei average hitting a 20year high with gain of just about a quarter of a percent on the session. Kospi adding to the gains up another 1 . Big names set to record report earnings, delta airlines, thirdquarter earnings beginning this week. Dont like the car, send it back. Hyundai will rave up consumers. The shocking disappointment for stars and stripes coming up. All thats coming up this morning and joining me to talk about it all fox business Dagen Mcdowell and kevin kelly and aim ji amy holmes. Dagen Harvey Weinstein story broke with the new yorker piece with several allegations of rape in it, the New York Times continuing the story. We always talk about the fake news but i think that as journalists we have to commend the journalist who is have broken the story. Maria yeah, youre right. The women who have come forward, great risk to their own careers. Dagen speaking out about 40 years of people in hollywood covering for Harvey Weinstein. Maria incredible. The video that was attached to new yorker piece was incredible. The video of him trying to coerce a young model into his hotel room. Kevin which nypd have. Maria it was, audio, sorry. Kevin last night we had the new york city debate and the republican contender, she was great hammering mayor de blasio, crime has gone down in biggest city and she said not against women and brought up great stats and put him in his place. Maria wow, i didnt see that. Dagen his wife is leaving him. Maria thats right. Dagen on a jet to europe to go to sex rehab. Maria he boarded a private jet last night. Fly to go europe or flee to go europe. Maria joining conversation jason is with us this morning. Former speaker of the house and author Newt Gringrich is here, judge Andrew Napolitano and former new York City PoliceDepartment Commissioner along with intelligence vice chair ray kelly. Big show ahead. Dont miss a moment of it. Top story and thats taxes, President Trump will head to harrisburg, pennsylvania later today to pitch tax reform plan. The president will speak before nearly 1,000 pennsylvania workers including truckers who he will address specifically. According to Senior White House Administration official, the president says americans are ready for reform. Watch. People want to see tax cuts, they want to see major reductions in taxes and they want to see tax reform and thats what we are doing. And we will be adjusting a little bit over the next few weeks to make it stronger but i will tell you that its become very, very popular. Maria bringing money back to america will be focus of speech, excerpt of speech tonight reads the following. Now we have it for you. We will eliminate the penalty on returning future earnings back to the United States. We will impose a onetime low tax on money currently parked overseas so it can be brought back home to america where it belongs. Council of economic advisers estimate that is this change alone would likely give typical American Household 4,000dollar pay raise. Kevin kelly, lets talk about this for a second. First time we are hearing about details of the plan, we have the embargo details he will unleash later, the onetime tax, do you think thats the key point in moving the needle in Economic Growth or Corporate Tax rate to 20 and passthrough rate at 25 . We knew its a bipartisan issue. We saw it actually in the previous administrations budget. Hillary clinton had it in her budget, we just didnt get any details. What does the onetime low rate mean. Is it 10 , do they have to reinvest in property plant equipment . So when he ties 4,000 to american paycheck thatll be pretty interesting. Does that mean theyll be contingencies on money coming back. Whats notable is this will come back, its in what form, can they get the democrats to come back over and work with them on some other things. This wont impact the deficit which tends to be where the democrats have gotten religion and they are going to put state their foot in the ground. This is pretty interesting. We are starting to see Economic Data do very well in this environment. Think about the manufacturing data thats coming out. The durable goods, Economic Indicators are doing phenomenal, this will help it further. Dagen in terms of the deficits, you have seen liberals, democrats turning into words about National Debt and deficits and now i will point to one thing, the solution to debts and deficits is faster growth and you get faster growth through tax cuts both corporations and individuals. Wall street journal has editorial today pointing to Congressional Budget Office report on friday that the budget deficit for fiscal 2017 grew for the second straight year. The disturbing thing is that spending only grew, only, 3 overall for the year which is its relatively tame for the federal government. The National Debt doubled during president obamas time in office, the reason is, because the economy wasnt growing fast enough. Thats the solution to any budget. Maria they were spending like sailers, 10 to 20 trillion under obama. Sailers and not women at a department store. [laughter] kevin thats the biggest problem tieing tax reform to budget deficit is a false equivalence because the problem we have is where are we spending the money on entitlements, medicare, medicaid, Social Security, we also have other part that we spend on is the military and the problem is that if you get tax cuts, you can help pay for those things, right, because they are going to have growth and theres going to be higher payroll taxes. The key to thats if they are gng totick to, you know, budget neutrality, revenue neutrality and if they do, then that shrinks option to tax reform and tax cuts and i thought it was interesting that the president didnt make distinction between delivering tax cuts and tax reform. Tax reform is a lot harder to do. You were talking where theres bipartisan consensus, we are seeing that on reducing corp. Tax rate and, of course, the question is by how much. The democrats want a little bit higher than republicans. Maria committee for responsible budget continues to say that tax cuts do not pay for themselves and tax cuts do not necessarily pay through themselves through growth, we havent gone down this road. For the last eight years we have been living with 1 and a half, 2 grower of this economy, once we get past 3 to 4 , you will see the plan. We have seen spending going up, up. Maria thats true. You to cut spending so you can balance the budget. Kevin getting back to marias point, we had 1 gdp, 2 gdp, guess what happens when deregulation started to take hold, 3 gdp print. That was just deregulation. Based off of fiscal policies its realistic. Dagen if growth reaches 3 for even a few years the treasury is going to get a wind fall of new revenue exceeding current estimate and entitlement reforms are important to controlling deficits but without faster growth, theres zero chance. Maria thats a great point. Before the president touts tax reform tonight hes expected to meet with Justin Trudeau at the white house. The two to discuss nafta after trump to slap duties in airlines and lumber exports. Persuade that mexico is the biggest hindrance and not canada. Listen to this. A great, great negotiator, ron, how about negotiating some of the horrible trade deals . [laughter] i would love to have ron. Its great to have you around, but i mean to have that, if you want to get around in negotiating nafta, i like that. Maria the president threatening to pull out of nafta unless changes are coming. Even throughout all of his talk about that, it really was mexico who was he was most worried about and not canada. Thats right, thats what he was focusing on. He campaigned about rolling back nafta because of jobs being shipped to mexico and when he talks about keeping jobs in the United States, we are bringing those factories back from mexico, not from canada. He didnt point north as being a big drag on the United States economy. Maria when wilbur ross joined us in the part, the canada part of it wasnt the one that needed tweaking. We want to have the Keystone Pipeline coming from canada to the gulf so we have a lot points of cooperation when it comes to the United States. Kevin a lot of it does happen up in canada, thats one of the biggest reasons why weve had such a great recovery because car sales have done well specially on suv side and a lot of that does happen in canada and not only mexico, in order for nafta to be you cant get rid of nafta because it would halt all economies, we need to revisit and thats what wilbur ross was sating, update to 21st century. Dagen i love how the president says nafta, nafta. [laughter] kevin my favorite is china. [laughter] dagen that would make my hair stand. Maria speech tonight at 5 45 eastern. We will take you live to the president s tax reform speech which of course we have to details just a few minutes ago. 5 45 eastern. More accusations this morning, Angelina Jolie and paltrow accusing harvey of Sexual Harassment plus disturbing tape that alleges reports encounter with young model. We will find out if the back to back hurricanes affected the companys bottom line and what theyre expecting the rest of the year. Back in a minute i accept i dont bike as far as i used to. I even accept i have a higher risk of stroke due to afib, a type of irregular heartbeat not caused by a heart valve problem. But no matter where i ride, i go for my best. So if theres Something Better than warfarin, ill go for that too. Eliquis. Eliquis reduced the risk of stroke better than warfarin, plus had less major bleeding than warfarin. Eliquis had both. Dont stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. 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Maria welcome back, now theres this, wild fires ripping through californias wine country leaving path of death and destruction. Cheryl casone has all the details, cheryl. Cheryl no rain on the way for california, maria. The death toll of wild fires in Northern California now standing at 17. These monster fires filled with strong winds have burned more than 200,000 homes and businesses since sunday. 180 people injured. Nearly 2200 residents reported missing in sanoma county alone this mourning. And disturbing new allegations gens Harvey Weinstein, actresses paltrow and Angelina Jolie said weinstein harassed him. Three women accused of rape and recording of weinstein captured during nypd sting operation u aggressively trying to persuade a model to come into hotel room in 2015, listen to it. I dont feel comfortable. I am not going to do anything. Please come in now and one minute and if you want to leave why did you touch my breast . Im use today used to that. Im not used to that. Lindsey lohan defending weinstein. Quote, i feel very bad for Harvey Weinstein right now. I dont think its right whats going on. Its been deleted. Wine seen spokesperson said any allegations of unconsensual sex are denied. Hillary clinton finally days later breaking silence about the democratic donor, the behavior described by women coming forward cannot be tolerated and courage and support of others is critical to stopping this kind of behavior. She didnt say if hes going to give any political donations back. Former president obama saying, quote, michelle and i have been disgusted by the recent reports about Harvey Weinstein, any man who demeans and degrades women in such fashion needs to be condemned and held accountable regardless of wealth or status. And we should add theres more to the story, his wife now leaving him, chapman issuing a statement, my heartbreaks for all the women who have suffered tremendous pain because of the unforgivable actions. By the way, maria, weinstein reportedly has gone to europe, he left last night to enter a rehab center there. All right, one more for you. We are waiting on delta, earnings release, we are expecting a profit of 1. 54 a share, thats what analysts are saying. Stock is up for the year just barely. We also just heard by the way from black rock earnings, revenue beating expectations, trading just below record high, theres a year to date chart that looks pretty darn good, maria. Maria sure does. 465 right now. Thank you so much right now. Kevin kelly your thoughts real quick . Kevin they gave us guidance that this quarter Hurricane Season will not impact them. Airline stocks across the board. When it comes to black rock, not only did they dominate on top line but also in bottom line, adjusted earnings per share, that was estimated to be 592. They did really well. Thats in the face of lower from last quarter on the ishares unit. They were running a tight shift but as the flows come not only on etf side but on the other side of the business. Maria markets have been incredible. 5 trillion since election day. Dagen now washington needs to step up. Monetary policy is going away. The fed has said that. They are reducing their 4 and a half trillion dollars Balance Sheet making it critical for those in dc to do tax reform. Maria we will take a break. Nelson will not recede seat in proctor gamble. Find out how the president plans to sidestep congress, he says he will go at it alone getting insurance premiums under control. Back in a minute today were going to talk about trucks. Which of these truck brands do you think offers best in class hd horsepower and the most capable offroad midsize pickup . Id go ram. I would put it on ford. Lets find out. Noooooooo. Chevy. Thats right, its chevy. They look amazing. Wow. Chevys killin it. Yeah, definitely. Trade up to this light duty silverado all star and get a total value of over eleven thousand two hundred dollars. Or during truck month, get 0 financing for 72 months on our most popular chevy trucks. Find new roads at your local chevy dealer. Whentertaining us,es getting us back on track,hing . And finding us dates. Phones really have changed. So why hasnt the way we pay for them . Introducing Xfinity Mobile. You only pay for data and can easily switch between pay per gig and unlimited. No one else lets you do that. See how much you can save. Choose by the gig or unlimited. Xfinity mobile. A new kind of network designed to save you money. Call, visit or go to xfinitymobile. Com. Maria, well, a busy week for active investors. Its only wednesday. Closely watch shareholder vote at proctor and gambles meeting. David, activism reporter for the wall street journal. David, good to see you this morning. Thanks for having me. Essentially, we have to wait. Hes arguing the result as announced by p g at the meeting that he lost. Shouldnt have been announced. It was too many paper ballots and counting by hand out there and so they will go through certification process. Eight weeks, depends on how long, so many votes and we will see from there. Kevin one of the interesting aspects of this of nelson at p g its on Retail Investor, the Largest Campaign for activist shareholder on record. Do you think the Retail Investor in paper ballots could help him over victory line to get board seats . It seems like he lost a pretty big chunk, 7 and a half percent of the stock was held by employees and retail people like that. He lost that it seems like. The rest of the retail, we are not sure where they came in. Its not sure it will pushed over the edge. Kevin so he pretty much lost. Maria look what he was able to do with dow chemical and dupont. He has been able to move enormous companies, look at ge yesterday. Secured a seat on the board of General Electric. This guy has been enormously successful in moving Huge Companies to do what he wants. Yeah, exactly. He will argue even with the vote being so close, he will argue and he already has, the shareholders spoke up, p g needs to change structure. P g needs to change attitude to investors and hes got the mandate that if p g missteps he lost the vote close two years ago. They missed the earnings target they promised they were going to hit and ceo was fired. Maria he lost the fight but won the war on that one. What do you think, dagen . D