Bill if its passed. The fact is the legislation is not altogether different than legislation introduced in the last congress. And you will recall we put out a Statement Administration position that the president would have vetoed the bill had it passed the previous congress. The president wouldnt sign it either. Lou ernest also confirming that congressional effort to define a fulltime work week as 40 hours would be met with a president ial veto. Just two hours later the president was claiming he was ready to work with congress. Im very much looking forward to working with it. Already have a chance to say happy new year to him and confident that there are going to be areas where we disagree, and there will be some pitch battles. But im confident that there are enormous areas of potential agreement that well deliver for the American People and we have to make sure that we focus on those areas where we can make progress together. Lou doesnt sound promising, does it . President obamas comments came moments after john boehner was reelected elected to his third term as speaker of the house. Boehner was able to overcome a rebellion within his own party to keep the gavel. 25 members of the Republican Caucus voted for someone other than boehner, falling four votes shy of a second ballot. Something that hasnt happened in nearly a century. After accepting the gavel for another term, boehner was appreciative and somewhat weepy. I want to thank my family [ applause ] i was doing pretty good on the walk over here from my ceremonial office until i ran into devin nunezs three little girls. My three biggest fans, one of them came over and gave me a kiss and i was a mess. Lou but a charming mess well say. That taking up how the republicans plan to approach president obama who seems ready to reject just about everything they put in front of them unless its something he dictates. Talking with Republican Policy Committee chairman senator John Barrasso and triple digit selloff on wall street. The Dow Jones Industrials down nearly 500 points over the past two days. The selloff comes as crude Oil Prices Collapse dropping below 48 a barrel for the first time in nearly six years. Investors losing 700 billion dollars in the first two trading sessions of this week on paper. We begin with the latest Obama Administration veto threats and what we can expect from the 114th congress. Joining us tonight is senator John Barrasso of wyoming, member of several important committees including energy and natural resources, environment and public works and the Foreign Policy committee chairman, senator, great to have you with us, and here we go. Thanks, lou. Lou already the president saying hes going to veto keystone and the 40 hour work week. Whats going to be the republican response to this threat . You know lou, this is Bipartisan Legislation. These are pieces of legislation that republicans and democrats both think are very important. We have 60 cosponsors in the senate for the keystone xl pipeline. We have people all across the country who say its time to restore the 40 hour work week. You hear it from school districts, you hear it from communities, you hear it from states because so many people had takehome pay cut as a result of the way the president S Health Care law is written. Republicans are here ready to govern, and we are going to put on the president s desk legislation that has bipartisan support in congress as well as extensive support across the country and the president s going to have to decide whether hes going to side with the American Worker and improving our economy or with his extreme supporters. Lou do you really expect the president to change both his values his approach and philosophy and ideology in the seventh year of presidency when he resisted such over the course of the first six years . The president gets to decide if he wants to be just a go it alone president. I believe he ought to be listening to the voters. He said his policies were on the ballot, and they were and they were rejected across the country. Today we swore in new republican senators. We gained nine seats in the Republican Senate. We are focused on jobs the economy, debt spending Affordable Health care, if the president doesnt want to focus on the things that the American Public wants him to decide on, well, thats going to be for him to decide we are going to do what the voters around the country told us to do on election days, which was Work Together we have republicans and democrats working together cosponsoring the legislation that the go to the president. Lou a couple of things, if i may, senator. First of all, the president must surely rue the day that he said his policies were on the ballots that repudiated the very policies, and the Republican Party talking about the middle class and those who aspire to it suddenly working men and women as small business. Is this a lasting marked change of direction and rhetoric on the part of the Republican Party . Were going to continue to work on things we talked about during the election, which is getting the senate back to work, folk using on jobs the economy, debt and spending. The president has to decide if hes going to be a willing partner or not. Invited the leadership of congress to the white house next tuesday. Lou, ill be part of those meetings, and were going to have that discussion at that time, and my hope is on behalf of the American People that the president comes to his senses and works with us to do the things that the American People wants us to do in terms of having a healthy economy, a prosperous nation as opposed to to the president sticking to the extreme positions. Lou and a lot of the success of those discussions, if there is to be success at that meeting with the Republican Leadership will surely be influenced by not only that Bipartisan Legislation that the Republican Leadership is advancing in both the house and the Senate Whether its keystone or the 40 hour work week, but rather that bipartisan support translates to the capacity to override a veto. Does that bipartisan support which you are obviously proud, does it translate to the number of votes required. Twothirds of the votes of the bodies to override a veto . There are two parts of that lou, one is once that piece of legislation is on the president s desk he will have to make a decision at that time. He can say what he wants to try to avoid having Bipartisan Legislation appear on his desk. You know the last years under harry reid he would tell harry reid not to bring it up for a vote. You have that component. If the president does veto members of the house and senate have to decide whether they want to side with the men and women, hard working men and women of the country or side with the president s extremist views, thats what its going to come down to. Lou and your judgment a return to the regular rules of order, are we going to see the republican house, the Republican Senate do business in the way in which americans generally prosper that is with rules of regular order, openness transparency for all of the American People to watch our legislative process . We are absolutely going to have an open process in the senate with amendments with debate, with votes on amendments. Harry reid has essentially shut down the amendment process the last two years in the senate. I think there were a total of about last year and a half, a total of about 20 votes on over 2,000 amendments that were introduced. Those days are over. The senate is now going to be actively debating amendments, voting on those amendments. Some of the votes are set up in ways to embarrass one side or the other, but there are going to be votes on amendments. How about hearings . Public hearings . Are the republicans going have public hearings in which the public is actually listened to and the focus of those public hearings, unlike what weve been witnessing for the past number of years . Yes, not just the hearings but also debates in the committee, votes on Committee Bills with amendments. When bills get voted out of committee with bipartisan support, those are the ones to get to the senate floor and the president s desk. We need in the senate 60 votes to pass this legislation, so we have 54 republicans but need to find willing partners on the other side of the aisle, whether its keystone the 40 hour work week, the employer mandate part of health care law, eliminating the medical device tax, all require 60 votes. Lou a lot of uphill work ahead of you. 60 votes, your base on those pieces of legislation, and additional 7 to override the promised vetoes. Senator, it is always good to see you, wish you well. Congratulations on the beginning of the Republican Leadership of both the house and the senate. Thanks for being with us. Senator John Barrasso. Thanks lou. Lou and the president meeting with mexicos president at the white house. Among the topics they discussed, the president s new policies toward cuba and his granting through executive fiat of amnesty to 5 million illegal immigrants, many mexican citizens. On immigration, are you ready for this . The president actually claimed he will be tough or the issue of border security. We are going to provide a mechanism so that families are not separated who have been here for a long time but were also going to be much more aggressive at the border in ensuring that people come through the system legally. Lou it turns out president obamas socalled opening to cuba may be nothing more than political farce. He claimed three weeks ago that 53 cuban Political Prisoners would be freed as part of his Historic Deal attempting to follow relations with cuba. So far none of that has happened. Human rights Group Reports that cuba actually detained a record high number of political dissidents last year nearly 9,000. 2,000 more than in 2013. Hows that going . Well coming up here later were talking with billionaire media mogul and real estate magnate Mort Zuckerman who interviewed thenpresident fidel castro. Up next reverend al sharpton at it again. Ready to dial up more racial rhetoric and the politics of exploitation as two new York Police Department officers were laid to rest and two more were shot overnight. Juan Williams Joins me next. Every truck can tow a boat. Every truck can climb a hill. Every truck can haul a trailer. But not everyone can say theyre the fastestgrowing truck brand. In america. Guts. Glory. Ram. So,as my personal financial psychic, im sure you know what this meeting is about. Yes, a raise. Im letting you go. I knew that. You see, this is my amerivest managed. Balances. No. Portfolio. And if doesnt perform well for two consecutive gold. Quarters. Quarters. Yup. Then amerivest gives me back their advisory. Stocks. Fees. Fees. Fees for those quarters. Yeah. So, im confident im in good hands. For all the confidence you need. Td ameritrade. You got this. Lou new york police have arrested three suspects in the shooting of two offduty new York City Police officers. The officers had just ended their shift last night when they heard a 911 call that a yemeniowned grocery in the bronx had been robbed. The police searched for and spotted the suspects outside a nearby chinese restaurant. Surveillance video, which is what youre looking at now shows a gunman in the restaurant opening fire after being confronted. He wounded the officers in that exchange of gunfire. As the officers were recovering at a bronx hospital tonight. Reverend al sharptons Action Network is planning to resumets over the deadly force used on black civilians by police. Joining us columnist for the hill, juan williams, great to see you and happy new year. Reverend al hes got quite a sense of timing, just as new york has two of its finest and two officers were shot trying to protect the lives and property of a yemeni restaurant. I mean what in the world is he thinking . Do you have any idea . You know, lou, this is a puzzle to me. I look at the path of the prologue, and happy new year to you. The path is al sharpton is a guy out for a buck. You look back from Tawana Brawley to the fact he owes millions to the tax folks to the phony demonstrations he faced. This is a guy who was fbi informant. Bucks on the table there. Has to be a deal here. When the issue with sony came up al sharpton jumped on it why . I think money he could go out and say you have to do business with me, he did business with pepsicola. Lou she picked up the phones and called reverend al sharpton she might have called kim jongun what kind of nonsense is that . I think the folks set themselves up for extortion. They think we can buy silence because she had said some stupid things racial things shes going to buy silence from the black community by coopting and paying al sharpton. When you ask me this question i look at what happened with the police in new york and the idea he wants to resume complaining and protesting at this moment is not serving the best interest of the city, of the people of no, of the black community, lets be explicit here. Hes serving his interests. Lou who in the world is keeping al sharpton in business, how in the world can the leaders of the black community, and im not always comfortable with the expression, i would like to see a community in this city of new york, i would prefer that. I think it would be a beginning toward intelligent communication and living far better in this city. Reverend al sharpton he is a figment of his own genius and imagination, because what hes doing, as the New York Post reported, just a few days ago, he has built a career on holding up Corporate America you know who are just filled with the bravest hearts in all the land to begin with. [ laughter ] lou your sense of humor is sharp in the new year. Let me just say mr. Sarcasm is a situation where a lot of big corporations think the easy way to deal with minorities in this country and the growing number of minorities week have voice not only in terms of protests but the marketplace is that you get al sharpton and he will quiet everybody down, the loudest voice in the room. Lou is that why obama hired him . Put him in place as the liaison. Buy al sharpton . Im always in the political mind. What i see is he has bought al sharpton as his guy, he totally owns al sharpton. He has given him access to the white house and the rest and says any time i have a problem with the black community, i put al sharpton out front and im covered. Hes sick of jesse jackson, he knew jackson from chicago. Didnt find jackson supportive. Hes cut off jackson and lifted up al sharpton which is again so insulting to the black community. Lou the president , understandably, was not too thrilled with the jesse jacksons, if you will, miming various gestures. All of that is understandable. What isnt understandable is why anyone would complain as mayor de blasio did that new yorks finest turned their backs by the thousands on him at a funeral for officer liu. I mean this is with that connection between the president , the attorney general, al sharpton and mayor bill de blasio who campaigned against Law Enforcement, why in the world should they not turn their backs on this mayor juan . I think there has to be a civilian chain of command and you got to respect leadership. The heck you do you have to respect people who respect you. You have to demand, i would think, if youre putting your life on the line i sure as hell would demand respect for what i would be doing. Wouldnt you, if you were in that role . If im in the military i understand there is leadership and i understand their platform so the policemen to issue their complaints. Lou not an abstraction. This mayor went after those men and women who serve this city in uniform and protect the lives of this mayor and everyone else in the city. How can you justify rationalize that kind of disrespect and hostility on the part of the man who presumes to lead a city . Well, look i think there are legitimate complaints by the police against mayor de blasio. I dont happen to think that people who are in the position of wearing that most honored uniform, new yorks finest the blues, i dont think they should show disrespect to civilian leadership. Lou do you think for one moment, that any Law Enforcement officer, no matter what sacrifices his or her right to express their contempt for someone who holds them in such disdain and who has denigrated them . Not at all. Im saying they cant do it. I dont think its appropriate. They can do it. I dont think its appropriate to do it while youre in the uniform, and i especially dont think it was appropriate at that funeral. Lets honor, lets remember what the men who sacrificed who died honorably. Lou lets begin juan with, a man who insulted an entire Police Department and his name is bill de blasio. It begins with him and hes either going to be the problem or hes going to be the solution by a pretext of good manners on the part of a Police Department that is new yorks finest after all. We see the slowdown. That worries me lou. I agree with you. Lou i hope where it goes we get a mayor who understands hes got responsibilities broader than his own ideology. Juan williams always good to see you. Thank you, lo