White house is responding now and beefing up our dissents the pentagon making major moves to combat the threat of north korea among our guests this hour charlie hurt of the Washington Times naval analyst chris marler and chief assistant u. S. Attorney Andrew Mccarthy howard kurtz and pete hegseth. Ed the dow ending down for the day but up for the month. Not too bad. Winners. We came off the low of the day almost 90 points coming up in consecutive monthly gains for the dow and s p. The nasdaq seven months in a row and we havent seen that in some time. Thats the good news ultimately. We see the dow came this month just about 131 and the nasdaq up 2. 4 the s p 5001. 1 . We look at the percentage gainers on the dow. Here are some of the other names mcdonalds up to 8 cocacola apple walmart were some of the other big names that really help the dow a long and then wed talk about Technology Hey amazon cross the 1000dollar mark yesterday. Everybody has been waiting for that since 1997. Ipo opened at 1000 at 7. 5 alphabet up 6. 7 apple 6. 3 and nvidia 30 , coach. There were a lot of names that did well while the indices gained. Thats pretty great for anybody whos investing. Not too bad. Ed friday we have the jobs numbers of that will affect the market dramatically as well. Nicole thank you very much. Melissa oil dropping for the th may to close at 38. 42 a barrel. Crude is down 10 for the year but gold is higher up for the second month in a row and ending at 12. 72 an ounce. Ed markets ending the month of may did pretty well for the month in general. Now theres an debate of whether a failure of Donald Trumps tax cuts would represent a black swan event that could risk a major jolt in global markets. Im joined by Jonathan Hoenig and a Fox News Contributor tom irwins. Jonathan we just heard mohamad elerian pouring a little cold water on the theory that in fact if there is no tax cut is going to cause a huge drop in the market and in fact mohamad elerian said the market has already priced that into which you say what . I would think a black swan its not that certainly a lot of changes in expectation. Mr. Mohamad elerian alluded to that when he talked about rotation. This is still a bull market. We just heard from stocks like lowing 3m mcdonalds all had high time alltime highs. A lot of people invested after the election with the anticipation as you said tax cuts, Health Care Reform infrastructure spending. None of that has panned out and especially now. So many months of gains has a lot of people sitting on their hands. Ed what happens if something specific takes place inside the beltway that makes it clear theres going to be no tax cut in 2017 . Would that send the mark itself in a big way maybe to a correction . Good afternoon. He would definitely make that a very big selloff. We pricednd all of this big ws now. We priced it david we are to priced in no tax cuts to which you say what . I happen to disagree with mohamad elerian. The trump rally isnt over. I say we are Still Holding on with their fingernails trying to weigh the tax cut and a 4 growth that has been reduced to 3 . There was a lot of issues that would create a major selloff if we dont get the major components of this bill done because too many people are depending on these things to be accomplished starting with margins at a record high. You create a much bigger problem if it doesnt get done. Melissa outnumbered that are earning their male counterparts last years 21 ceos received a median compensation package of 13. 8 million compared to 11. 6 Million Dollar average for 382 male chief executives. This was according to new allows us analysis from the wall street journal. Nicole this is interesting to the return was better among female ceos. There were fewer of them but they themselves made more money. Would the at the statistics alone they are telling us a completely different picture. Everyone was worried about the gender pay gap that women were not making as much. You see 182point 4 for females and males ceos 15. 7 on their return and when they look at this over the last seven years you have meg whitman at hewlettpackard and andrew doria at pepsico and in fact over at ibm where ms. Rometty made 32 million up from 19 million the prior year. The shareholders were clamoring about the payout but what this study is showing a particular that at least indices sweep these executives, these chief executives earning more. The big picture there is still a lot of controversy about women and what they make versus men on the dollar but at least in the executive see they are making good money and it should be fair and that all should be meritbased. Melissa i like that. David President Trump saying hes going to announce very soon his decision about whether or not to pull out of the paris climate deal. Literally putting his advice on line trading a quote dont know which way paris will go but i have done all i can do to advise the potus and others in the white house through others in the council that we remain and we have no choice but to depart those councils if we dont. Todd, the point is i think that elon musk is talking in this. He depends on the fear of climatehange for a lot of his business. I couldnt agree more. I think the president ran on this. I think he is going to pull and i think you should pull. We have a lot of issues here that could be taken care of for the environment. Number one he could easily get rid of big oil but they have too much of a stake in running the country and being a big part of it. I dont think we were that far away for from cleaning up the environment anyway so i think you should pull out because we are spending way too much money versus the percentage of anyone else and that is the decision of what trump is doing. Starbucks executive chairman Howard Schultz telling employees President Trumps causing chaos everyday and is hurting the economy. Jonathan ive seen in a lot of numbers and data that indicate the opposite. Maybe hes having a little too much caffeine and its making him a little wacky, i dont know. Its not hurting starbucks stock. Its doing very well but there is some certainty and theres optimism and uncertainty associated with trump and heard one of the former Board Members of hasbro as well. Melissa is it because they are free free to trump . Trump does a lot of trade so thats where a lot of ceos would depend on global trade wondering exactly what the rules are going to be. Melissa. Melissa thanks guys. David holes are starting to turn against theresa may. At least one poll has in the conservatives in the united kingm so wilshe be ousted in the british exit from the European Union comto a screeching hault . Turning his former agent Margaret Thatcher nile gardner. We should emphasize first of all mile this was one poll and it may be an outlier but just a couple of weeks ago many conservatives here in new york and the uk saying shes going to win by historic proportions by a 100 majority. What happened . Without a doubt the poll reporting sent shockwaves through the political establishment. His poll showed projections a Hung Parliament in the case of uk general elections for june 8 and that is contradicted most other polls. At least six points in some polls ahead by 12 points. I think theres a general consensus that the conservatives are heading for victory but that victory may not necessarily be a landslide victory. David to the point quickly as the Manchester Bombing the reason why this is happening, the fact that a lot of people say that if she had been more vigilant in the government had been more vigilant they would have noticed that this creepy gone to libya to fight . Is that what is affecting it or is it Something Else . I do think actually manchester is playing a big part in all of this. The big controversy a few days ago for some of the domestic policy proposals unveiled by the Party Manifesto policies aimed at the elderly whi didnt prove to be very popular. That prompted a uturn from the government so there has been a wobbly few days for theresa may after a very short campaign. Manchester really played in the polls. David class question used the work for maggie thatcher. Another donald trump is no Ronald Reagan pet theresa may is no maggie thatcher. Maggie thatcher was successful at pushing the premarket. She did it time and time again. Why cant theresa may get that same traction . I do think that theresa may if fully return to free market principles which i think were the driving of Margaret Thatchers preelection victories. Its important to project conservative values and especially on the economy. I think a strongly conservative approach taken by the Prime Minister will repeat at the polls. David niles gardners great to see you. Thanks for coming in. Melissa returning to the terror where one guantanamo detainee has now been found. The answer may not surprise you. David the moment of impact, a new video extraordinary video coming to us the pentagon celebrating its First Successful test of a major Missile Defense system, but will it be enough and will it be in time . Melissa former fbi director mes comey will testify before the senate as early as next weekend according to a report he will answer the question of whether President Trump asked him to back off the flynn pro. How the white house is responding now. Washington times editor Charlie Burke will join us next and later in the hour former chief assistant u. S. Attorney Andrew Mccarthy on the legal ramifications. Same as the president has Constitutional Authority to hire and fire anybody in the executive branch and tell them what to do. Your Insurance Company wont replace the full value of your totaled new car. The guy says you picked the wrong insurance plan. No, i picked the wrong Insurance Company. With Liberty Mutual new car replacement™, you wont have to worry about replacing your car because youll get the full value back including depreciation. Switch and you could save 509 on auto insurance. Call for a free quote today. Liberty stands with you™. Liberty mutual insurance. David former fbi director james comey is reportedly heading back to the hot seat and will testify publiclyn front of the Senate Intel Committee as early as next thursday. Blake berman is live from the white house with the latest in blake i guess hes going to be sworn in for this testimony, right . If it happens david it will happen as early as next thursday and what happened before the Senate Intelligence committee. To point out that according to several reports that are out there at this hour so if it happens out of public jim comey yes indeed would be sworn in. At issue here according to multiple reports comey is set to testify that President Trump had asked him to stop the probe into the National Security adviser Michael Flynn and as you will remember in the News Conference here at the white house earlier this month the president was asked about this and said no but that didnt happen. In fact he cut off the question saying no, no next question. Youd have to imagine the comey would be asked whether or not the president had asked him to drop the flynn probe there on camera for the nation to see. Separately here at the white house the new scaring the day as well involves the paris climate agreement. Silence is the word at least at this hour as we are expecting a in the words of President Trump very soon. He spoke briefly about this topic inside the oval office a while ago in which he acknowledged that he is being heavily lobbied on this position. Im hearing from a lot of people both ways, both ways, believe me. Hearing from a lot of people both ways. David white house sources tell fox the president is expected to announce that he will be pulling the u. S. Out of this paris climate agreement signed in 2015 by the president , by president obama and his administration the key word being expected. By the way i asked the white house Secretary Sean Spicer earlier today is this an all or nothing day deal . Do you pullout entirely or stay in entirely . Spicer would not say. They are deflecting any and all questions. David politics is rarely black or white. There are many shades of gray. Thank you very much. Melissa here now to reacts to the new report former fbi director james comey will testify charlie hurt Washington Times opinion editor and a Fox News Contributor. Let me ask you about the testimony and i would go back to what he said on may 3 and i know other people have brought this up but i want to remind our audience that comey said im talking about a situation where we are told the staff for political reason, that would be a very big deal. It has not happened in my experience. How does that frame what he may or may not say now . Well based on the reports we are getting right now it sounds like he will testify and say basically i think what he said already and is no most which is that the president cajoled him and try to talk to him and said look, back off this thing. Flynn is a good guy. That we know is starkly different from the charge you are hearing from democrats the thing that everybody on the left wants to hang around President Trump and that is the charge of obstruction of justice. Clearly at the time comey d not think that was obstruction of justice or he would have reported it or could have mentioned that in his testimony like you just mentioned their. Other key thing there that is very distinct the fact that bob mueller gave comey the green light apparently to go ahead and testify would also suggest that bob mueller is not looking to go down this line of inquiry with comey because i guess on the face of it you would think thats not obstruction of justice. Melissa interesting. Let me ask you about another big issue sources telling fox news President Trump is expected to pullout of the climate agreement this sort of makes me laugh because when he originally was talking and there was a report out that he might be reevaluating his position or whatever the word was, this is classic what we see with President Trump. He signals that they are thinking about it and everyone is crazy and then he does the logical thing in the first place. Would be a surprise if the pullback at this point and people who said before he is a flipfloppery. Hes changing. We filled tubes. He is a master showman. He loves to keep everybody paying attention which by the way is notlways the best strategy. Sometimes its good for people not to be paying attention but he really likes to keep everybody paying attention so he does what appeared to be flipflops that wind up, and maybe they are flipflop bandit double flipflop which means he did not flipflop at all. There are four right turns or something. You end up doing exactly what he said all along. There is no doubt he gets intense pressure. Hes getting pressure from all sides. Theres no doubt hes getting a lot more pressure right now from the people who want him to stay in from the establishment, from a lot of republicans who are afraid of doing anything thats going to draw more fire but even we are seeing from major corporations a lot of these environmental rules and regulations that hurt businesses and a lot of which i would argue are unnecessary but even though they might hate them they are so afraid of anything that is not the status quo that even they are lobbying to stick with the paris agreement. Melissa i think its classic that while hes abroad being lobbied he would say he would send somebody out and say oh he might be considering it. Its all negotiating when you look back at it. Charlie thank you for coming on. We love having you. David a campaign promise, room for hes been clear about following through on a lot of his Campaign Promises to pullout of the paris accord so if he doesnt hes going to have to answer to that. Meanwhile United Airlines is under fire yet again. The airline could be facing a hefty fine for flying a plane that shouldnt have been in the skies in the beginning. The scary details next plus not many are buying Kathy Griffins apology and it could end up hurting her paycheck. Across the line today moved the line then across it. I went way too far. My friends think doing this at my age is scary. I say not if you protect yourself. What is scary . Pneumococcal pneumonia. Its a serious disease. My doctor said the risk is greater now that im over 50 yeah. Yaha. Just one dose of the prevnar 13® vaccine can help protect you from Pneumococcal Pneumonia an illness that can cause coughing, chest pain, difficulty breathing, and may even put you in the hospital. 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