Now, Shepard Smith reporting, live from the fox news deck. Good thursday afternoon from the news deck. President elect donald trump goes to washington. The leader of the Republican Party met with president obama at the white house today. The two men striking a much different tone with each other than they did during the election. Well, i just had the opportunity to have an excellent conversation with president elect trump. It was wide ranging. We talked about some of the organizational issues in setting up a white house. We talked about foreign policy, we talk about domestic policy, and as i said last night, my number one priority in the coming two months is to try to facilitate a transition that ensures our president elect is successful. And i have been very encouraged by the, i think, interest in president elect trumps wanting to work with my team around many of the issues that this great country faces. And i believe that it is important for all of us, regardless of party, and regardless of political preferences, to now come together, Work Together to deal with the many challenges that we face. And in the meantime, michelle has had a chance to greet the incoming first lady. And we had an excellent conversation with her as well. And we want to make sure that they feel welcome as they prepare to make this transition. And most of all, i want to emphasize to you, mr. President president elect, that we now are going to want to do everything we can to help you succeed because if you succeed, then the country succeeds. Please. Well, thank you, very much, president obama. This was a meeting that was going to last for maybe 10 or 15 minutes, and we were just going to get to know each other. We had never met each other. I have great respect. The meeting last for almost an hour and a half. And as far as im concerned it could have gone for a lot longer. We discussed a lot of different situations, some wonderful and some difficulties. I very much look forward to dealing with the president in the future including counsel. He explained some of the difficulties, some of the high flying aspects and some of the really great things that have been achieved. So mr. President , it was a great honor being with you. And i look forward to being with you many, many more times in the future. Thank you. The president elect said thats the first time the two had even met. Just days ago they were trashing each other as the political custom. Mr. Trump called president obama a disaster and said he might go down as the worst president in american history. President obama called the president elect insecure, unfit and woefully unprepared for the presidency, but the campaigns over. And today they took part in a longstanding american tradition as part of the peaceful transition of power. The white house says the Obama Administration officials will start giving president elect trump the exact same daily Intelligence Briefings that they give the current president. The white house said they will hold two exercises spanning multiple agencies to help teach the president elect 57his team w to respond to incidents. He met with paul ryan. After some tension during the campaign, no doubt. You remember the president elect called speaker ryan weak and ineffective and accused him of being disloyal. Thats after ryan told the party th he would no longer defend the nominee. But speaker ryan has changed his tune, not surprisingly, he praised the president elect for helping republicans keep control of the house and senate. He called it an incredible political feat. The most incredible feat hes ever seen in his lifetime. Hell join bret baier. It will be a few weeks before he can start flying on air force one, although he seems to be doing fine on his own. They gave Trump Force One a socalled water salute. The president elect left new york for washington. Give him a nice bath there. Everybody can use that. The firefighters tell fox news its something they do to honor people including foreign dignitaries and retiring military leaders. Our peter doocy is live in washington. Hello, peter. Shepard, you just heard that exchange with the president and the president elect and it sounded like maybe president obama was ready to bury the hatchet or take back some of the not so nice things he said about mr. Trump over the last couple months because he was so accommodating to the man who is about to take over his office and move into his house. But just after that meeting wrapped up over in the briefing room, press secretary josh earnest told reporters that president obama still does not believe the president elect, donald trump is temperamentally fit, to serve as commander in chief. The president s views havent changed. He stands by what he said on the campaign trail. He had an opportunity to make that argument. He made that argument vigorously and in states all across the country. But the American People decided. The election is over. The president didnt get to choose his successor. The American People did. The future first lady was at the white house today as well, Melania Trump got a tour from michelle obama. Were told they drank tea then walked around, saw the famous truman balcony and the floor of state. The white house curator was there to tag along and provide extra info as well. A big topic of conversation with mrs. Obama and mrs. Trump, according to the white house, was raising kids there at 1600 penn. We know the incoming Vice President mike pence is set to meet any minute now with the outgoing Vice President joe biden and a pence aide told fox they think both of these men are looking forward to the meeting because they had a genuinely nice conversation on the phone earlier in the week, shep. How much business is the president elect taking care of up there . Shep, he got a chance to see what his first order of business will be when he comes back to d. C. In january when speaker of the house paul ryan took him out on to the balcony to see where president elect trump will become president trump, i should say, on inauguration day. Trump just said a few minutes ago the two had a great meeting, they talked about health care, immigration and lowering taxes. Trump said he cant wait to get back to d. C. To get started on all of that. The final order of business we know of for trump is the meeting with the Senate Majority leader mitch mcconnell. That is supposed to last an hour. The length of the meeting suggests that the sitdowns are not just photo ops but thats these leaders are talking shop. It does seem that way. Theres Mitch Mcconnells office and video playback on the right. But o in the left hes inside that Office Meeting with mitch mcconnell. When that meeting is over were led to believe there will be some video for us. Were not sure what. I think its a play it by ear sort of thing. Were keeping the camera there. If they walk out and decide to talk, well have that. Joining us now, White House Correspondent for the wall street journal. Great to see you. Thank you. Thanks for having me. It struck me that this could be a little awkward. Because the things that were said prior to today were pretty rough and the president had temperamentally unfit was one thing but it was trump that said that president obama wasnt even a legitimate president back in the day. Hit to be a little bit creepy. Thats absolutely right. It wasnt as if this was ancient history. It was only monday that president obama was out on the campaign trail saying that donald trump could not be trusted with the nuclear codes. And donald trump spent years trying to delegitimize the nations first black president , say that he wasnt born in the United States. And so its hard to set all of that aside. But josh earnest, the White House Press secretary said today they got through the meeting because they werent trying to resolve their past differences. They were focused on the transition. So they werent actually relitigating their grievances. Its not as if this is the first time i was surprised they had never met. I dont know why. But during this whole campaign season. We talk about them every day. I didnt realize they hadnt met each other. Thats fascinating. They have this long history, so it seems like they know each other. But in fact as donald trump said, theyd never met. Apparently the closest theyd ever come to meeting was the 2011 White House Correspondents dinner where president obama roasted donald trump. They were in the same Hotel Ballroom but apparently never met. And donald trump wasnt laughing even though the rest of the audience was. Ive heard and i dont know if this is true. You might have some insight. That was one of the moments that donald trump realized i really do want to run for this office just to get back at these people. Not so much the president himself but more the establishment. Absolutely. Here we go. Lets listen. Donald trump just coming out of Mitch Mcconnells office. The top three. We have a lot. Health care. Were looking at jobs. Big league jobs. Mr. Trump thank you. Immigration, health care and jobs. Thats what weve been hearing for a long time from this now president elect. Its a recurring theme today. Thats essentially what he said after his meeting with House Speaker paul ryan, and so these are clearly top of the agenda items. Donald trump has a really crucial opportunity here because he comes into the white house with republicans controlling both houses of congress. So he has this window of opportunity to do big ticket items with republicans controlling the white house, the house, the senate. They have control, but just as the democrats did not, they dont have a filibusterproof or a filibusterprove majority. He needs 60 under the sort of new rufls washington. Republicans have enjoyed that advantage in the minority. It sounds like theyre not so fond of the filibuster at the moment. Exactly. Its funny how your perspective changes. I just wonder if theres anything that can really be done about that and if there wouldnt be voices within the Republican Party who would say, wait, there will be a time when were not in power and well miss this. Exactly. Well see how they approach this and whether rules are changed now that the situation is a little bit different. But in overall you want to be the republicans at this point. Even if you dont have a filibusterproof majority, you still have a lot more power than democrats in washington today. Theres no doubt about that. Theres one thing that the American Public has always enjoyed as a matter of transititran tradition. Theres a press pool that follows the president wherever he goes at any moment of every day should anything happen. The president is the peoples representative and its tradition at least that a camera and a reporter follow him everywhere. Trump has not thought too much of that over time. He banned the press from his planes, which was a break in longstanding tradition. I wonder if you know where that is Going Forward . Well, it still is in flux. And so the hope was that after the election, whoever was elected would agree to have what we call a protective pool, which means that wherever the president or wherever the president elect goes, this small group of reporters goes with him or her. And so both donald trump and Hillary Clinton had declined to have a protective pool during the campaign, which was a break from tradition. The hope was after the election, the president elect would agree to that. So far donald trump has not agreed to that. So he did not allow the press to be in his motorcade today. The press has been kind of scrambling to chase him across d. C. From one stop to the next. So his campaign has not indicated when or even if they will allow a protective pool to be in place. So its a break from tradition and it also allows less transparency because the press is not getting eyes on the president elect all the time. That will be a matter of contention, i would guess, probably the White House Correspondents association will, i would guess, get involved with this and try to make the peoples case. Its not really about journalists. Its about people having access to the government by and for the people. Absolutely. Pretty intense negotiations have been going on for some time between the White House Correspondents association, as you say, and the trump organization. And so far that has not been resolved. But it is a matter of keeping the people informed and its just a matter of Public Interest and part of our democracy that we know where the president is, if something happens to the president , we have information about that. This is pretty important, these are high stakes times, so it is problematic if the press is not allowed to cover the president. Colleen Mccain Nelson is the White House Correspondent for the wall street journal. Great to see you. Thank you. Thank you. Were still watching as were waiting for the president elect to leave the white house and when that happens well show it to you and well be back as the news continues on americas choice for news and information on cable. Imy moderate to severeng crohns disease. I didnt think there was anything else to talk about. But then i realized there was. So, i finally broke the silence with my doctor about what i was experiencing. He said humira is for people like me who have tried other medications but still experience the symptoms of moderate to severe crohns disease. In clinical studies, the majority of patients on humira saw significant symptom relief. And many achieved remission. Humira can lower your ability to fight infections, including tuberculosis. Serious, sometimes fatal infections and cancers, including lymphoma, have happened; as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. Before treatment, get tested for tb. 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If your money is in financials, youre having a whale of a day. Financial sector up 4 across the board. Jpmorgan chase up 5 . Citizens group up 5 . Pnc Financial Services up 3 1 2. But if youre consumer staples, telecom, real estate, information technology, its a down day. One of those weird days where the nasdaq is off while the dow jones surges. So your own portfolio might be in the red today despite this number. It was a seven point swing on Election Night as it went down. The tenth record close of the year. Donald trump promised americans that he would improve the u. S. Economy tremendously if elected. He said he would cut taxes, renegotiate trade deals and help create more jobs across the nation. And now he has a Republican House of representatives and a Republican Senate creating the real possibility for some big changes. The Fox Business Networks peter barnes here on capitol hill. Shep, thats right. Some of these changes could come with help and support from some democrats and in a few cases from a lot of democrats. Here are some of the items from mr. Trumps contract with america for his first hundred days. That have some fairly good prospects for passing quickly. First tax relief and tax reform, mr. Trump wants to cut the number of tax brackets from 7 to 3 which would provide a tax cut of about a third for a typical middle class family. The top business tax rate would also come down including cutting the tax on overseas corporate profits, 2. 5 trillion goes overseas to just 10 . That item could help fund mr. Trumps trillion dollar Infrastructure Investment plan and how the plan is supported by Many Democrats as well as republicans. Republicans might also get some help from some democrats on this third item, repeal and replace obamacare because of these unpopular big premium hikes in obamacare coming in 2017. But republicans have the votes and a procedure to do a lot of this without democratic votes. They have done it before. And finally mr. Trump has proposed an immigration security plan that includes building the wall and some tougher prison sentences for Illegal Immigrants who get deported and caught coming back in especially for those with felony convictions. Peter, thank you. Bernie sanders told the Associated Press today it is an embarrassment that millions of White Working Class voters backed donald trump in this election. Thats from john mccain. And now after a definitive loss, the top Democratic Leaders