Partnership trade deal, a big blow to some asian nations but teamsters and other Union Officials inside of the white house are cheering. Right now he is meeting with Union Leaders and workers at the white house. Meanwhile on capitol hill, the confirmation showdown continues. The senate is now debating President Trumps pick to head the cia, and a Crucial Committee vote on secretary of state Rex Tillerson is expected in the hour. We have breaking news from washington and more. Melissa back to the markets. Dow was down about 25 points. They were down 95 at the low. Adam shapiro on the floor of the New York Stock Exchange watching todays biggest movers. Lay it out for us, adam. Reporter look what happened to some of the auto parts suppliers after amazon said it entered into contracts to sell auto parts at amazon. Com. Autozone, advanced auto parts took a hit, actually down about 3 . Autozone was down about 4 . Genuine parts down almost 3 1 2 parts. Oreilly automotive down 3. 2 . Almost 3. 3 . Look what happened with qualcomm. We got news last week that the u. S. Government was investigating them for anticompetitive practices. On friday, apple filed a one billion dollar lawsuit against them. It has to do with nuances and 1 billion they were owed and qualcomm didnt pay them, something to do going on in korea. What you need to know qualcomm in the crosshairs of apple to the tune of one billion. That stock down 12 . This news, kate spade, will try to sell itself. Who might buy . Coach as well as michael kors, kate spade was up 3. 6 today. Michael kors was up barely, a quarter of a percent. Coach was up almost half a percent. Back to you. Melissa adam, thank you. David President Trump wasting no time in the first day in Office Meeting with big Business Leaders and scharrenning his focus buying american and hiring american. Blake burman, who was in the contentious White House Press scrum joining us with the very latest on that. Blake, very interesting new relationship with the press developing. Reporter it is indeed. Im in the press briefing room, some members of the media gathering to go into the oval office. It was the first press briefing here from the new White House PressSecretary Sean Spicer. You used the word contentious, it was that, when there was discussion about the inauguration crowd sizes but for the most part mr. Spicer went around the room and took questions from many different members of the media. Earlier today, there was this big ceo summit i guess or a big meeting among ceos here at the white house with President Trump. Some big names included elon musk, michael dell, mark fields among them, and it was during that meeting when mr. Trump said the Corporate Tax rate would be lowered to 15 to 20 . As you know, david, during the campaign the president talked about a 15 Corporate Tax rate. So i asked mr. Spicer if the new administration is moving the goalpost. He pushed back a little bit on that saying that the president will work with congress on Corporate Tax rates and negotiate a good deal for the American People said spicer. Also at that meeting with the ceos, the president said he was going to slash regulations. Listen. Well be cutting regulation massively. Well have regulation and it will be just as strong and just as good and just as protective of the people as the regulation we have right now. The problem with the regulation right now is you cant do anything. Reporter right now, david, the president is meeting with another part of the Business Community here, that being Union Leaders. On the first day, Union Leaders and ceos and a pretty Interesting Press briefing. David by the way you asked the president asked sean spicer, you got the first question there, so congrats on that. One of the first. David one of the first but you al asked him about spending. And were ing to play that a little later on. Im teasing you because we have more blake burman to come. Ill take it. David thank you. Melissa here to react to all of that liz peek of the financial times, Jonathan Hoenig of capitalist pig hedge fund. Fox news contributor. Finally numbers were getting here, i like it. Liz talk about the Corporate Tax rate, if he says 15 to 20, im hearing negotiation in there. He had said 15 along the way. Blake asked the question. My interpretation of sean spicers answer, hey it is a work in progress. Where do you think it will end, and is that okay . Is 20 still good . 20 is still great. This is vintage donald trump. Melissa it is. His entire career in real estate mogul, he sets goalpost very high or very low, depending what youre talking about, and then he is frequentsable. That is how you get get dealings done flexible. Dealing with congress you have to have flexibility. Youve heard push back from deficits and where the money will come from, et cetera. Look the Corporate Community would be delighted with 20 tax rate. Any significant reduction will be terrific. The other number came out i thought was kind of wonderful, regulations will be cut 75 . Melissa oh, yeah. Well, how do you even measure that . People have to get used to idea trump is full of bombast and excitement and enthusiasm and you really shouldnt take these numbers totally seriously. Melissa jonathan, 75 is a target. My thought too, how do you quantify the amount of regulation you but thats okay. 75 is a goal, if you cut it by 3 4, wow, that would be great. You dont have to quantify it, melissa. Numbers dont matter. Facts dont matter anymore. He will make it up. I think is unfortunately a day that lives in infamy. Melissa you dont want less regulation . Well, i think it is disingenuous to say you want less regulation when you give the entire matter of trade for example, up to governments caprice or antitrust for that matter. I got to tell you, melissa, this is day will live in infamy, the gop sanctioned my opinion control over the economist. They will negotiate a trade deal. This is terrible first step for the Trump Administration of the moves us away from global trade and moves us away from prosperity in my opinion. Melissa liz peek, youre shaking your head. I disagree entirely. What weve seen not once, several times, trade agreements crafted that really hurt americans, most recent one by the way which is never talked about is during the Obama Administration the south korean trade program which was supposed to create 75,000 jobs. Instead lost 75,000 jobs for americans. The tpp is a several thousand page monstrosity, and the world bank in looking at it has concluded the big winners are japan, vietnam, and malaysia. The United States barely gains from it at all. Why would we enter into that . Tresemme comes here theresa may comes here on friday. Donald trump will talk about bilateral agreement. As they leave the eu they will look at such agreements there. Is nothing wrong with oneonone trade agreements. Wilbur ross and other people in the Trump Administration are committed to that. It is committed to free trade only if it is sensible trade. David lets hope so. Senate is debating congressman mike pompeos nomination to head the cia as were awaiting Senate Foreign relations Committee Vote on Rex Tillerson. Peter barnes is keeping track of both in washington. Peter, i cant help but think back to the first day of the Obama Administration and they had seven approvals right away, the first day, right . Reporter thats right, but back then they had, filibuster issues, david, as you know, a lot of folks have been making an issue out of this, but the fact is we have acting people in charge at a lot of these departments. They can still go ahead, they have the authority to do whatever President Trump and his team wants them to do. They will get there, they will get their nominees approved. In fact we could see two of them approved today, mike pompeo is ing debated right now for cia director. We expect a vote on that a little bit later this evening from around 7 00 hour. The Senate ForeignRelations Committee is going to vote approve Rex Tillerson as the next secretary of state. That meeting is set to convene in another 20 minutes. Then that will be formally sent to the floor as well. So they still need to agree on the time of debate but that is going to get done. Republicans have the votes to do that. Probably, by tomorrow or wednesday depending how much debate time they agree to. This was put over the top at the Committee Level when today, this morning, senator marco rubio, who had been critical in his questions of tillerson, particularly in his relationships with russia said that despite his concerns about tillerson and russia, he was going to vote for, the final vote needed to get tillerson out. For rip Relations Committee and on to the floor. Rubio said he would do that and said in a statement quote, given uncertainty home and abroad about our Foreign Policy it would be against our National Interest to have this confirmation unnecessarily delayed or embroiled in controversy. Therefore despite my reservations i will support mr. Tillersons nomination and in the full committee and the senate. At least both of them will get done this week. David Lindsey Graham and senator mccape came out in support. Well have updates about Rex Tillerson nomination. Melissa Chuck Schumer may not able to stop cabinet nomination, but he can stall them. How long we have the president has full team working for him. David he is not doing so bad on day one, getting down on making good on Campaign Promises. Reversing president obama signature proposals, starting with dumping the tpp former governor Mike Huckabee weighing in what more we can expect coming next. Melissa the First OfficialWhite House Press briefing gets heated this afternoon with press Secretary Sean Spicer calling Media Coverage demoralizing for the president and what his administration is trying to accomplish. Constantly told no, no, no, and watch him go, yes, yes, every time and come up to the next hurdle and see someone put a block up gets a little frustrating. He teaches lessons to stanley. And thats kind of it right now. But rodney knew just what to do. He got quickbooks. It organizes all his accounts, so he knows where he stands in an instant. Ahhh. Thats a profit. Which gave him the idea to spend a little cash on some brilliant marketing ha, clever. Wow, look at all these new students way to grow, rodney know where you stand instantly. Visit quickbooks. Com. This is one gorgeous truck. Special edition. Oh, did i say theres only one special edition . Because, actually theres 5. Aaaahh ooohh uh holy mackerel. Wow. Nice. Strength and style. Which ones your favorite . laughter come home with me trade up to the silverado all star edition and get an average total value of eight thousand one hundred fifty dollars when you find your tag. Find new roads at your local chevy dealer. David here is trump you will trump. Lets go right to him. This is video just happened. [cameras clicking] melissa those are Union Leaders sitting there meeting with the president what is happening in our country, and i think theyre very happy with the meeting we just had. What do you think . Excellent. Excellent. They havent been here many, many years in this particular house. Well get them working again, right . Yes, sir. [cameras clicking] come to conclusion where to go with free trade . Well be discussing it. Thank you. Thank you, everybody. You get in trouble at all before . [laughter] melissa that was a little awkward. Theyre still working out the smoothness of these things, chitchat while taking pictures. You heard him say did you get in trouble at all, i want to know who he was talking to. Well figure out that in a bit. Meantime first 100 days, President Trump diving into his first full week, signing three executive orders promising to move the u. S. From the Transpacific Partnership deal. What can we expect Going Forward . Here is former arkansas governor, Mike Huckabee, former republican president ial can date and fox news contributor. Boy, what is your take so far . Give me your spin what youve been watching. I know you have something pithy waiting. Well, this is a pretty big day, he starts out with Business Executives and manufacturing leaders and talks to union people. He covered the full spectrum of business in his first day in office. I think donald trump is off to a great start. The press may hate it and protesters on saturday my cry testimonyselves to sleep for months and thats their right to do but donald trump is showing he is trying to bring this country together from the people who lead the companies and people who work on factory floors. I think its a great start. Melissa so within the Business Community, one of the articles getting so much play today was this Trump Administration is looking to cut 10. 5 trillion in spending. I cant tell you how many people emailed me or tweeted me, could that possibly berue . When you look down at the details, he wants to privatize the corporation for public broadcasting, eliminate the National Endowment for the hearts, National Endowment for the humanities, target corporate welfare in the commerce department. He has a whole list in the justice department. All the way down to 10. 5 trillion over the next ten years. Governor, what do you think about that . Can he achieve that, too much, too little . I think you have to give him until at least thursday to get that done. He wont be able to get all of that done today. Look, he has a battle on his hands to do many of these things. He has to go through congress, there will be enormous pushback not just from democrats but a lot from republicans. Everybody has their pet projects ands and that is by design, it goes slow so you dont get to do things without thoughtful conversation of the impact but one thing donald trump shown us on even on day one, this man came with a set of promises and he is dead serious about keeping them. I think well see a lot of extraordinary action. Melissa, the biggest thing he will do bringing Business Climate into focus, he will us Something Better than just a tax break and certainly better than spending cuts, he will put americans to work. It is doublewhammy, people getting paychecks, not having to take a welfare check. Melissa it is amazing, i was in d. C. Over the weekend, when you look around, part of his speech people here have gotten wealthy while others have been left in the wake. That certainly, something that crowds seemed to respond to. Meantime celebrities against donald trump, alisters joining millions of people around the nation protesting President Trump. Some might take it a little too far. Yes, i am angry. Yes, i am outraged. Yes, i have ought an awful lot about blowing up the white house. Melissa is she dressed up like the cat burglar there . What is the little ears . Talking about the blowing up the white house, i mean, i dont know. I dont know what im even respond to with that, other than i think there was a knock on her door early this morning and it was the secret service and they would like to talk to her about making threats of blowing up the white house. Melissa, can you imagine, what would have happened to someone if they had been lets say a conservative and at tea party rally talked about blowing up the white house when barack obama was there . We would never hear the end of it not only on media but Law Enforcement action taken. People have a right to protest. I fully respect that. One of the things i love about america. People have a right to be loud and obnoxious and be stupid. They dont have a right to threaten other people and dont have the right to go and create anarchy, and one of the things that struck me about the saturday protest, sure there were a lot of sense sear people but i couldnt figure out exactly what it was they wanted. Only seem they wanted to they would like to vote again. They do that in four years. The election is over, we have to live with the results every time we have an election. And they dont seem to understand that. Melissa interesting. Governor huckabee, thank you. David we have breaking news on yahoo , theyre reporting their Fourth Quarter results. Ashley webster in the newsroom with numbers. David, earnings per share, estimate 20 one cents.