Donald trump promising tax and regulation cuts for all. He is going to break down the plan here exclusively and Hillary Clinton supporter for the center for American Progress in the great well respond. This is hillary makes her first appearance walking down since she nearly fainted from pneumonia on sunday. She is expected to speak live in North Carolina this hour. We have our cameras trained on that and on wall street where apple and oil are driving the profit there is no fed rate hike for you. We are less than hour to a closing bell. Lets start the countdown. Breaking news it is the most scrutinized paradox on wall street. Thats exactly what youre your scene at this hour. All three Major Industries are moving higher as investors look at weaker than expected data. So the s p is jumping 24 points and the dow is up about 211. Both decided lets snap the today losing streak. Just five days to go until the big Federal Reserve meeting. Apple is still very much in the driver seat. Its pushing it towards triple digit gains its up through the three and a quarter percent. The tech giant hitting a ninemonth high. And looking to post its best Weekly Performance in five years. The low of this year 89. Look at it now. The new phone iphone seven sold out in every one of those colors. Over the past three sessions alone theyve added some 50 billion in market cap. This is surging about 6 . And how about serous logic. Its one of the key bone part supplier. Started spiking back in july. There would be no headphone jack. We are jumping about 213 points team foxbusiness is in place. There looking at how high the investigation might really go. He has senator liz worn and the new demand shes began for wall street accountability. Were in new york on what donald trump has to say in the big Economic Policy address. It suddenly just spiked in the last hour. Not one but two government officials are now calling for an investigation into the very top tier management at wells fargo and one activist investor is in need of more funds. It is currently held by one man. Adam shapiro is in the newsroom. He is hes really the big watchdog care. What specifically jumped out at you about the investigation that he is looking into. He would not deny it he would it put his finger on it. Hes i can speculate what you will hear his exact words in the second the have of the Consumer Financial product bureau actually said that the investigation could rise all the way to the top. And restitution. The wall street journal reports they are subpoenaing documents. They said it could go up the managers chain. It is still being determined. I think it has been acknowledged by the bank that the firings of employees included hundreds of people who were not simply frontline employees but people who are managing this people and people who are managing the managers. That goes up the chain a good ways. We reached out to wells fargo to see if they would comment on this. And they said no comment. Adam think you very much. Elizabeth warren is the one who pushed hard for that Consumer Protection agency. And now one of the biggest watchdogs she is taking aim straight at wells fargo and the rest of the nations biggest banks today is the eighth anniversary of the Lehman Brothers bankruptcy and shes calling for the department of justice to answer why it didnt prosecute any of the very top wall street bankers following the financial crisis. A new study coauthored by the former treasury secretary. Large banks even with all of the regulation are no safer today than they were before the financial crisis. You just saw peter barnes talking to senator warren. I found it a fascinating interview. When you drill down with her on the latest drama with wells fargo. And john stump is going to be up here on capitol hill she is a member of that committee. And she told me she is a very tough questions for stump listen. I want to ask him about what you think we have done wrong at wells fargo. Is this a case of a bank that is so giant that you really cant manage it when 5,200 of your employees are cheating your customers when they are opening more than 2 million checking accounts and credit cards against and without permission of the employees and generating millions of dollars in fees you cant even manage this place if thats the case this is a bank that is too big to manage. It should be broken up in which case there is personal responsibility here. I asked her to follow up should he quit or his board of fire him over this. Lets see how all of this plays out. We need more information. She is demanding that managers and someone in management be personally responsible for this and the big fine for her is not enough. And wells fargo stock is implementing another half a . It has not done while under the scrutiny. That story is resonated very much like the epipen out rage. Rage. We will take that up exclusively with Scott Stringer. He manages the biggest pensions funds here in new york for a lot of the unions. They own a big chunk of mylan in a huge chunk of wells fargo. He will speak for the very first time on what he wants to see happen with wells fargo and then of course on mylan. Regulation could have solved all of this. Donald trump said get rid of regulation on the banks Small Businesses it was part of what he revealed today as far as his new economic plan is concerned he made major moves in recent polling even before the speech. The New York Times showing trump gaining on Hillary Clinton. Closing the gap between the two of them from an eightpoint difference to two points among likely voters. They jumped to a virtual high. When including thirdparty candidates each taking 42 percent of the vote. You are there in new york city where this speech got a lot of attention today. It certainly did. And in many of the things that donald trump talked about today he added a few more details the big picture he talked about regulation certainly thats a big part of it. The other part of is taxes and overall theme. The argument hes been making is if you cut taxes you will get higher growth. Three to half gdp growth. It has a number that the campaign is going with. Trump said it could even be higher. This is the most progrowth, pro jobs plan put forth perhaps in the history of our country. There you go. He wants to cut business taxes under a trump plan would go down to 15 which by the way got quite a few tears in the bald room ballroom. Lets take a look at us. This. We seen some of this before. 12 and 25 percent. But we add in income levels. If you make under 75,000 per year trump has you in that first bracket. If you make more than 225,000 then you are in the top bracket which is 33 percent. Lower income rates. For just about everybody. He talked about other things that he has in the past. His child care plan was unveiled. Energy policy and trade policy. In a speech like this you know his economics the chance to take a shot at his opponent Hillary Clinton. Not one single idea shes got will create what net american job or create one new dollar of american wealth for our workers the only thing she can offer is a welfare check. The only thing that is a concern for many economists is how he plans to pay for it i can tell you his advisers are aware of that after his initial proposals did not get such positive reviews. They have gone back and worked on and im told they got in the cost down. At least they say have they have. From 10 trillion over a decade to more like 3 trillion. Thats what they say. Back to you. Both of them have come up with ways to pay for this. There is already some serious scrutiny about one specific part of Donald Trumps plan thats tariffs on american goods. Were can show you a portion the big fundraiser for donald trump and with that we have Martin Feldstein who is a former economic adviser. He was in the house during that speech. And then fair and balanced. And what does he say about that accusation. About how her plan does not create a single job. We have already seen tape of her. But live since she called out sick. For to take you live to North Carolina. We will keep dipping in on that. That is where the crowd is amassing. Make sure to stay with us. We will check the minute she comes out. We have this this breaking news. The Safety Agency has Just Announced it plans a former recall of samsung phones. It has been investigating that with on your screen. It catches fire and melting and hurting people we do expect the announcement to come and in about 4 15 p. M. This can happen in eastern time. We will bring you the latest developments as they come in. Upon hundred 95 points for the dow. Its fairly typical the day before that. To have a big run up like today especially coming off of two pretty significant days. But having said that we have a retail sales that were a big mess. That locks in the expectation. You wont see it next week. But getting back to the retail sales we wanted to tell you about some of the Retail Stocks today. That gets back to the fed outlook. Look at the gays and some of in some of these numbers. Given alltime high for dicks sporting goods. There are some of the other winners. Again on one of the weakest retail sales meetings we seen all year. Lets send it back to you on that. Under armour is up three quarters of a . Thank you very much. Retail sales severely different point disappoint. It rings in 45 minutes. Donald trump promising to reignite the economy and ring the u. S. Back to three cap growth. If he is elected president in november. We are getting a one on one with the man who was a former chief economic adviser to president reagan. He was there at the new york economic club. 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Promising three to half growth in the whole bunch of policies that he said would create 25 million jobs over ten years. The plans do cost money where would the money come from. He is lowering them. Making three tax brackets versus seven. While they work to create growth . They will certainly help. There is no question that they discourage work and cause people to take advantage of attacks provisions to lower that rather than learning more. There is a big problem in the tax cut plan. Hes gonna cut the corporate rate to 15 but a lot about that is done outside the corporate sector. With without reasonable income you would be paid 33 so thats good to be can be a problem. It will be a problem politically and economically. There are a lot of people saying actually this may become a problem. It would be 500 billion spent on infrastructure. It would then cost about 450 billion dollars over ten years. That is a trillion dollars. It is a lot of spending. Not enough. There wasnt a regular q a with him but they interviewed him and john asked me if i have a question and i said please ask him about what is happening. He didnt have much of an answer. The third big tax cut. It was at 6 . You really believe in what some people call trickledown economics. I think if you have a good tax policy it does raise all votes. It does help the economy as a whole. But the deficit being created by the big tax cuts. We would cut back on non defense spending. You can imagine how much that adds up. It is about 3 on gdp. You get that. Martin, thank you. We had 38 minutes before the closing. You are looking at life pictures. Hillary clinton is expected to take the stage. This will be the first time we have seen her in the first live appearance on the campaign trail. Were coming right back. We will take you there. With this level of engineering. Its a performance machine. With this degree of intelligence. Its a supercomputer. With this grade of protection. Its a fortress. And with this standard of luxury. Its an oasis. Introducing the completely redesigned eclass. Its everything you need it to be. And more. Lease the e300 for 549 a month at your local mercedesbenz dealer. Mercedesbenz. The best or nothing. We ship everything you atcan imagine. N, and everything we ship has something in common. Or shipped around the globe,. Its handled by od employees who know that delivering freight. Means delivering promises. Od. Helping the world keep promises. Liz lets dip back in. These are live pictures of greensboro, North Carolina. That is the stage where Hillary Clinton is expected to take the podium at the moment, speak with this crowd. This will, as we keep saying her first appearance on the campaign trail since she fell ill on sunday. Earlier today donald trump unveiled his economic agenda as we mentioned the at new york economic club. Bring in fair and balanced someone who back Hillary Clinton proposes. Center for American ProgressEconomic Policy managing director, andy green. Donald trump said this today. Not one, single idea from Hillary Clinton will create one new job. Counter that from your side. Well, Something Like that would be just a malarkey. You know, secretary clinton has a plan to invest in infrastructure, rebuild this country. So, we well know that infrastructure has a net job creating impact, multiplier. So i dont know if donald trump is saying that the good, hardworking men and women who are laying down concrete and rebuilding our roads and bridges are taking a welfare check. That seems what he was saying. Liz can i just ask though, when youre talking about what Hillary Clinton plans to do, infrastructure, her plan is apparently still as with we heard 250 billion. His is 500 billion. Well, i mean, he proposes stuff without having anything to back it. So i dont think the 500 billion is really very meaningful. She has 250 billion plan. Center for American Progress has a 500 billion plan. I take any plan with real specifics how to build it out and make sure it is going to work. And the key here is, you know, if you want to know where somebodys values are, you look at their budget. And how it is paid for really matters. Today when mr. Trump laid out his economic plan he seemed to dial back the 10 trillion of his previous tax plan gaveaway. You know how he did that, removing middle class tax cut he was proposing. Liz Hillary Clinton hasnt announced a middle class tax cut people are waiting for. I dont that is true. She proposed tax simplification plan. Liz that is not a tax cut. Let me ask you about the trade deals. He said trade deals must be a twoway highway. He is done with it. Pp, which is the Transpacific Partnership unless something is done to fix it. He sounds isolationist. So does Hillary Clinton. Even donald trump ace finance guy, there was pretty interesting interview neil cavuto did with him. Listen to this. Would you be happy with a 35 tax on those American Companies that leave to make their product cheaper abroad . Again, were not going to have a 35 tax. What were going to have is a 15 he just said 35 . He just said 35 if ford goes through with this one. No. What he said was to the extent that Foreign Countries dont honor our agreements, and we dont have fair agreements he was talking about ford, what he would do to ford. He was talking about ford. What he would do to ford if he did that. Liz so there is a little bit of confusion. I would like to clear up what Hillary Clinton would do. Is she going to pass tpp . She has been against it. Before that she was for it. But what does she do about incoming u. S. Goods that are made overseas . Well, she has a pretty detailed plan for how to rebill american manufacturing. And one part of that plan, she said she is not going to support tpp but you look at the rest of the plan, she has a very comprehensive plan how to enhance trade enforcement. How to reinvest here in manufacturing. So we have manufacturing clusters that grow and are strong and create a virtuous cycle. And shes got a plan to have apprenticeships and workforce training. She is going to be tough. I will take somebody who has been secretary of state and has a long track record in government of the sta