Gather before the cameras at exactly the same time. Led by republican senator rand paul who demanded, banged on doors and said let me see the plan days ago, along with the Freedom Caucus. It is reported that they will kill it right then and there, were standing by for that, cameras are roaming the halls trying to figure out where its going to happen. To cut through the drama, we have two doctors, tim murphy, whats the cost and will it pass . Dr. Steven classco, an expert in obamacare and should it change, what could the device makers mean for the stocks and innovation for you and your health. As the health care and drug stocks are hit on the uncertainty, the dow industrials trying to come back here, down 17 point had. Been down more than 50. The short seller sharks are swirling around snap stock. Form wall street banker turned author William Cohen will try to convince you why wall street not only matters but should be celebrated. And nintendo crushing it with new console, better than wii . Really . Give you the numbers in a second. Were less than an hour to the closing bell. Lets start the countdown. I need to show this to you. We have breaking news. That didnt take long. Short sellers are reportedly desperate to bet against snap stock which just of course went public last thursday. Pulling back another 12 . They woke up and realized not profitable. Now overall down 22 from high hit on the ipo day, which, of course, was when it skyrocketed. In the meantime, as we head into the allimportant final hour of trade with stocks teetering on first back to back downdays since january, i call this almost flat at the moment. The market is attemptingo come back, while we are further from dow 21,000. The dow is only down 17 points. Low of the session down 50. S p 500 down a measly four points, barely a fraction of a percent, and the nasdaq nearly flat, down 4 point. Well pull out individual stocks. Dicks Sporting Goods in the penalty box. The stock getting hammered, down 9 . After the retailers earnings beat expectations but outlook for 2017 was gloomy. Its pondering changes to the brand lineups at its stores. It doesnt have a lot of visibility how it will do. Supermario jumping for joy as shares of nintendo take it to the next level. 27. 68, jumping 3. 5 . Why . Sales figures for new switch console are rolling in. Everybody was wondering what they do. Apparently they are a gamechanger. The video game maker is revealing that nintendo has sold more of the brandnew consoles in the first two days than any other console rollout in the companys history. The switch is make or break. The Company Wants to stay in the hardware objection, friday, first on fox business, nintendo of america ceo with me live on what happens beyond mario and zelda. For those of you who dont know, mario and zelda are the first two games that are rolled out. We know the concept of the games. Are we on the verge of the first shots fired over the republican civil war over the repeal and replacement of obamacare. This hour, tom price joined the White House Press briefing to pitch, push and get pueled with questions about the gops obama replacement bill, vowing that the decisions will not be made by the federal government but by patients and their doctors. Three phases of this plan, one is the bill that was introduced last evening in the house of representatives, the start of all of this. Second are all the regulatory modifications and changes that can be put into place. As you all well know, the Previous Administration used regulations to a faretheewell. Over 5,000 letters of guidance in the like, and were going to go through every single one of those and make certain, if they help patients, we need to continue them. Liz it is still a work in progress. Well, that doesnt matter to a group that could provide vocal opposition within the Republican Party in this hour. Were hearing from our spies in the hallways there at the capitol hill that about 25 minutes from now, the Freedom Caucus plans to hold a competing News Conference at the same time President Trump holds his white house meetings, and the math is critical to House Republicans right now. The breakdown of the house is 237 republicans to 193 democrats, meaning the gop can only lose 21 votes on their side before heading across the aisle for help which we know democrats most likely will not give them to. Peter barnes at the white house. I found this News Conference very interesting, where secretary price answered many questions but was quite honest in saying some of this isnt done yet. Thats right. The white house is asking for patience on this. Sean spicer following up secretary price saying listen, House Republicans just unveiled their bill yesterday, but as you mentioned, it is getting attacked from multiple places within the republicapa including importantly the Freedom Caucus, thats a group of about 40 or so very conservative House Republicans and you just did the math yourself, liz, if the 40 members voted as a bloc, either House Republican leadership would have to pick up votes from the democrats who say they absolutely are not going to provide votes to repeal and replace obamacare or the bill would go down. So this launch of this repeal and replace legislation is already hitting headwinds. You have republican senators saying, rob portman from ohio, if you pull back medicaid, the health plan for the poor, were not going to support this bill either. So the bill getting attacked out of the starting gate, liz. Liz i noticed that, it appears that there is one stick point, and its the tax credits that rise with age, and youve got a lot of republicans who are fiscal hawks, you know this. That looks like a new entitlement program. Reporter thats the thing the members of the Freedom Caucus are concerned about as well as other provisions. Well hear from them in about 30 minutes as you mentioned. Liz what do they have against it beyond the tax credits . I want to get to gerri willis. Some are saying this is like throwing a can of paint over the old obamacare plan. Thats right, liz, heres what were looking at. Obamacare appears to be dead, is replacement dead . Gop infighting over the obamacare replacement made public last night. At issue, the tax credit, that is advanceable, refundable credit based on age of 2,000 to 14,000. Thats the highend. Drawing fire from conservative republicans who say, hey, its a giveaway or new entitlement that they cant support. One member of the Freedom Caucus calling it obamacare 2. O0 in the tweet. 150,000 for joint filers to satisfy conservatives before releasing the plan, but it may not be enough to draw their support, and thats not all, there are also objections to the fact that the cadillac tax, was not eliminated. It is laden until 2025 nord cover the heavy costs of the replacement plan. The well to do have to wait for tax relief. 0. 9 medicare tax, a payroll tax, they dont go away in the start of next year. And its not conservatives who are upset. More are too including four moderates in the senate voicing concerns over the end of the Medicaid Expansion. 31 states decided to expand medicaid under obamacare. And whats becoming clear is that the release of the obamacare replacement from house leadership, just the start of the battle for the future of health care in this country. Liz . Liz its unbelievable. A lot of time to get something together and be in cahoots and youve got both factions arguing against each other. In just a second. Well hear from representative tim murphy part of the doctors caucus, but in the meantime, you guys, if you own health care, hospital or pharma stocks or biotech, lets check on that right now. Adam shapiro at the new york stock exchange. Look, its big impact, im not sure the traders know where the names should go . Reporter thats part of the problem is the uncertainty and the tweet from President Trump working on a new system for more competition in the drug industry to deliver on promise lower drug prices. Novartis is down, merck and company down, amgen down, glaxosmithkline also down. Look at the biotech companies. The uncertainty driving the stocks down. Gilead science, Johnson Johnson was up today, but Regeneron Pharmaceuticals were also down, theyre looking for guidance, not going to get it soon but theyre looking at it, liz. Liz we may get guidance soon, i want to keep viewers on notice here. The Freedom Caucus, according to chad pergram, our super top producer in the congress, he is saying Freedom Caucus is clustering in one of the halls and will come before the cameras to say what they do not like about it and whether it is, as gerri willis put, it dead on arrival. The Freedom Caucus is a bloc. Stay tuned for that. Weve got our cameras chasing everybody. Closing bell ringing in 49 minutes. Boeing releasing the 747 scheduled to reenter service in 2018. Dish flying higher after it was announced the Satellite Tv Company will replace Linear Technology corporation in the s p 500 on march 13th. So dish gets the big invite to be part of the s p 500. Its up 4. 63 . Up next, billionaire hedge funder steve cohen side lined by the sec. You remember Charlie Gasparino said his return to business is starting to look more likely . Well, guess what . Chlie s mo on this. More granularity, more details. Billionaire back in biz, really . Next on countdown. When youre close to the people you love, does psoriasis ever get in the way of a touching moment . If you have moderate to severe psoriasis, you can embrace the chance of completely clear skin with taltz. Taltz is proven to give you a chance at completely clear skin. With taltz, up to 90 of patients had a significant improvement of their psoriasis plaques. In fact, 4 out of 10 even achieved completely clear skin. Do not use if you are allergic to taltz. Before starting you should be checked for tuberculosis. Taltz may increase your risk of infections and lower your ability to fight them. Tell your doctor if you are being treated for an infection or have symptoms. Or if you have received a vaccine or plan to. Inflammatory bowel disease can happen with taltz. Including worsening of symptoms. Serious allergic reactions can occur. Nows your chance at completely clear skin. Just ask your doctor about taltz. Or keeping a Hotels Guests nocuttinconnected. I to 35,000 completely cfans. In. Businesses count on communication, and communication counts on centurylink. Liz weve got a stock alert, make that two stock alerts, a tale of two tech stocks, facebook versus snap. Story on the screen tells everything. Snap is well below opening day low of 23. 50. If youre driving and listening to us on xm 113, hello. Ill tell you what snaps trading at 20. 92. Short sellers are doing a pileon along analysts, sited huge cash losses. It is down. Liz charlie, you and i with flower crowns is keeping it above. One analyst is calling it a, quote, lottery ticket. Back to the facebook part of this. Snaps chief rival facebook has been on a tear hitting alltime highs two days in a row. Facebook is up two pennies. 137, actually no, earlier the alltime high. And then just yesterday week broke the news on countdown that billionaire and ceo steve cohen is about to make a comeback, looking to make the comeback in the Hedge Fund Industry because he is now, we hear, meeting with investors and marketers. Charlie gasparino broke the story yesterday, and youve got more details on the stock. Right, i want to say that i got a lot of feedback on the story yesterday. This is somewhat captivating the market, steve cohen an icon of trading, ceremoniously booted out of the Hedge Fund Business because his firm was convicted and agreed to plea deal with the u. S. Attorneys office on Insider Trading charges. Hes been booted for failure to supervise people that did commit Insider Trading. Liz right, st and two of the people fainted, one in the courtroom and one when the feds showed up on the doorstep. One had the case reversed, michael steinberg. Liz correct. Be that as it may, cohen is making preparations to get back in the business. Its a hot topic on wall street, and heres what we know is that associates of his has been recently meeting with third Party Marketers. What do they do . Third party markets or attract International Investors to invest money into the new entity. Theyve been spending a lot of time, i understand, meeting with the third Party Marketers who have the connections with big Institutional Investors bring money in. What i understand, there is appetite. Whats interesting hes obviously starting it now. Going to open early in 2018 when his ban subsides but doing it at a time that hedge funds arent doing that well. Steve cohen made a lot of Institutional Investors a lot of money. They what you want to about the suspicions of Insider Trading. Liz will people want to touch him with a 10 foot pole, just d by the feds again . Heres the thing, what cohen is hoping for is a lighter Regulatory Environment under president donald trump. That does not the same scrutiny will not be on him that was on him when president obama was in control. Liz President Trump is a fair guy is doesnt want people ripped off either way. Okay, let me give you a little timeline here. Steve cohen is close with Chris Christie who is close with donald trump. Liz okay. That helps. Timeline helps. Cohen is likely, from what i understand, from the third party market, likeo reopen thHedge Fund Business through Stanford Harvard capital. Liz stamford, not stanford. Yes. Manages massive net worth. Sac capital has obviously closed down but created the vehicle to get back in the business, so meeting with third Party Marketers, telling them he wants to get back in 2018, the return of one of the great and most controversial Hedge Fund Managers ever. Liz get the applications in, everybody. About what i understand, he is hiring for various marketing and various other jobs. I mean he is staffing up right now what people are saying, close to him, to get back into business in 2018, and all of this is indication. Through a spokesman, he did not deny any of this. Liz there you go. Thats our charlie. Thank you. He didnt deny it. He didnt deny it. I sent him everything. Liz closing bell, 39 minutes away, the white house makes fullcourt press for the obamacare overhaul. Weve got congressman tim murphy. Hes a member of the House Republican doctors caucus. Hes next. Were going to ask him can this thing pass . And from wall street to the white house cabinet, newly minted secretary wilbur ross making waves at the commerce department, and hes talking to fox business in less than an hour. Youve got to stay tuned for the interview. 4 00 p. M. Eastern. After the bell. When they thought they should westart saving for retirement. Le then we asked some older people when they actually did start saving. This gap between when we should start saving and when we actually do is one of the reasons why too many of us arent prepared for retirement. Just start as early as you can. Its going to pay off in the future. If we all start saving a little more today, well all be better prepared tomorrow. Prudential. Bring your challenges. Liz breaking news, folks. I need you to look at the markets. Whe looks like were definitely coming back well off the lows with the s p and nasdaq down just three points, the dow is down 10, we have this breaking news. The congressal Budget Office is saying that the Treasury Department will have to use, extraordinary measures, you know where there is going to avoid hitting the debt ceiling. The date right now . March 16th. The march 16th the Treasury Department says well hit the ceiling. I always say to you guys, the debt ceiling you have to decide whether to raise it, it is the card which the government keeps running. Were watching this very closely. It is long been told they dont have to tangle with the debt limit until summer. Now the cbo is saying march 16th. Steven mnuchin the treasury secretary, is faced with the exact same conundrum and jack lew and Timothy Geithner and everybody else before him is faced with. Whether to raise the debt ceiling. Well see what happens. Speaking of spending and needing credit cards, well, how much will the new Health Care Act that the republicans have been put forth, how much is it going to cost . Well the cbo hasnt scored it yet but let me bring in republican congressman tim fur my. He is in from pennsylvania, serve on republican doctors caucus. We are glad to have your perspective. Will this pass . Many voice, one of them, representative david bratt of michigan republican, said doa, not going to happen . There is still a lot has to be communicated with members. Congressman bratt is from virginia. Liz im sorry. Here is the thing. Look at current state of affairs, when you talk about us hitting the debt ceiling next week a lot of that is because the massive debts that the