The heck happened. Hi, neil. Yeah, that video from a dinner with President Trump. It was a whos who of Business Leaders from all across europe that the president dined with tonight. For example, he sat down with the leaders of adidas, volvo, beyer, nokia. Earlier today, Steve Mnuchin said they feel they have a Success Story to sell to the world. A new tax plan in the u. S. And they Want Companies to come in and invest. So at that dinner with those Business Leaders, the president echoed the need to keep selling u. S. Growth. I think also being a cheerleader for our country. If youre not a cheerleader for your company or your country, no matter what happens, its not going to work. That dinner lasted more than an hour or so. The president is back at his hotel in davos. Tomorrow he will give the big speech at 8 00 p. M. On the east coast, 2 00 east concern before the World Economic forum. When the president is speaking to the group and to the world, you can expect him to pitch the American Economy and the need he feels, this administration feels, to invest in the u. S. Neil . Neil he has a lot of interested customers. Blake burman has been doing double, triple overtime in davos. But if youre going to do overtime, any kind of overtime, davos is a good place to do it. We have Charlie Gasparino with us right now. Charlie, we hit a record on the dow. The nasdaq racing along on the idea that the trend is the friend here. Whatever the back and forth on memos and who knew what at the fbi et cetera. Seems like these guys are just interested in the deals. What do you make of it . Ill give you a little insight. Remember four or five months ago, when the charlottesville thing went down, trumps response to the riots which people thought wasnt right, a lot of ceos boycotted his business council. J. P. Diamond, Steve Schwartzman from black stone. Since that time and particularly since tax reform, just the opposite has occurred. Jamie diamond is in davos scheduling conflict prevented him from seeing trump this afternoon, but lo and behold, he met with trump privately last week in d. C. Where he enthusiastically supported his economic agenda. So hes got a convert, jamie diamond. Steve schwartzman, on the business boycotted after charlottesville. Hes been meeting with trump regularly and met with him today as part of other u. S. Business leaders in some sort of confab they had in davos. The Business Community believes that donald trump, despite his crazy stuff on twitter and the stuff that we criticize him for is an amazing salesman for the economy based on some of the stuff hes done with regulations and Corporate Tax cuts. Steve schwartzmans case, since hes the ceo of blackstone, the private equity loop hole is maintained neil its interesting who was doing the sucking up to him here. The whos who of european businesses from novartis and sap and a host of others representing a half a trillion by my math in market value, all eager to do business in the United States, all interested in his favor. What is going on here . Look. There was two meetings. The meeting with the u. S. Business leaders, which i said, enthusiastically they are embracing him. Then the meeting with the foreign Business Leaders and then trump in between told the network that another network that, you know, his mnuchins comments of a weak dollar were taken out of context. He wants a stronger dollar. Foreigners want a stronger dollar for investment in the u. S. So hes singing the tune that every Major Business leader wants to hear. Thats why the markets are up. By the way, you know, heres the stark difference. Obama for eight years attacked Major Businesses. Tried to tax them. Tried to put their ceos in jail or at least fine them through his justice department. Didnt have a very good impact on wages and as you know, even though the headline up employment number went down, underemployment and a lack of opportunity broadly neil youre getting a feeling to your point that they want in on a party. We can criticize that, people are some instant negative reaction to wall street titans sucking up to anybody, that bothers them. The fact of the matter is, these guys want in on a party that even the inf says in other words what is happening in the United States to worldwide growth. Lets be clear here. Big businesses here people. Jamie diamond run as bank. Jamie diamonds plan is to take money and lend it to people. If theres too much regulations that occurred under president obama, he cant do that. He has made that point again and again. From what i understand in his meeting with trump, he echoed that sentiment. Jamie diamond might not like his tweets or speech in charlottesville, but he is telling people that he whole heartedly supports trumps economic agenda and thinks hes good for the economy and good for jobs. Neil thanks very much. To charlies point, jamie diamond is considered a prominent democrat. But again, he isnt red or blue as i say on this show and you guys get sick of hearing it. Its about the green. These companies are making a lot of green. Some lean to the left or ceos lead to the left and others to the right. Be that as it might, we have a few more now. Northup grumman and home depot sharing in the tax cut loop. Mick mulvaney yesterday, even he didnt even his boss didnt envision this. Deidra bolton putting the number to papers and crunching the numbers. Start with the big number. 250 companies have passed along benefits to their employees. That may include wage and salary increases, could be cash bonuses and or 401 k match increases. All of these decisions are at a result of the tax cuts and jobs act. Much greater to your point, neil than what we saw. Northup grumman joining the list. They announced they will provide their employees with an annual additional contributions to retirement accounts. They put a disclaimer there saying if the company performs well, its going to be sharing those benefits with each employee up to 1,000 per person. So this is going to affect a side note, all employees except senior management. They have other revenue sharing plans that they have access to. Home improvement retailer, home depot on the list. Theyre evaluating how the new legislation will effect their business but they say it should be beneficial and theyre rewarding hourly employees up to 1,000 bonuses. Finally, we have this mix of improved profit and positive carryover from the tax reform plan with fiat chrysler. So the car maker released their earnings as of today. As part of its Profit Sharing plan, its going to be paying its 40,000 hourly workers checks averaging about 5,500 per worker. So all united auto worker employees are eligible. Thats company specific. As a reminder, this follows the bonuses 2,000 per worker that the automaker already committed to earlier this year and they were very clear in saying it was direct result of tax reform. So retailers and restaurants in southeast michigan will have a good season. Back to you. Neil yeah a lot of money in peoples hands. Thanks, deidra. So we get back to the issue the tax cuts selling themselves. They could pay for themselves with all of this money going around. You buy the Multiplier Effect that people get a 1,000 bonus, they probably spend it at a store. The Multiplier Effect of the store and et cetera. People that crunch numbers say youll pay for the tax cuts in two years. A fox news poll is discovering that increasingly a number of registered voters now have a more positive view of the economy and the tax cuts. This is an Interesting Development because if it were to maintain itself, republicans are hoping that it feeds on itself by the midterm elections at the end of the year. Too soon to tell, but this is in no way a minor achievement if these tax cuts reverberate to the degree they have been. Lets ask market watcher, katherine rivera. What do you think of that . Certainly theyll have a positive effect at the ballot. People that have more money in their pockets are happier if theres more jobs in the economy. People are happier. If the economy is strong, then the incumbent party benefits. Neil what is interesting and could be just the personal, the tweeting, the issues with donald trump, the controversies. I dont know what. But in any other situation, if you have the marketing soaring to the degree it has, the records hit again to the degree we have and the growth that is picking up or even a democratic ceo of a major money center or bank, i can see 4 growth this year. Sure. Neil the president s poll numbers should be significantly higher. Maybe a delayed effect or what do you make of it . Theres a lag. Always a lag, neil. We just got the tax reform. Individuals are going to really feel it next year when they file their taxes. Taxes have gone down but theyll be even happier next year. This is something that will be over the median turn. We are getting over wage hikes. Walmart is the biggest employer. Two million employers. All of these companies that have increased wages and bonuses, thats somewhat of a oneoff effect in the sense that it increases paychecks right away. What i particularly like is boeing. 50 million in investments. Comcast, promises 50 billion in investments in five years in infrastructure. At t, 1 billion additional this year. That produces jobs longterm. More jobs, economics 101 or 102, which is the course im teaching at the university of miami neil must be a great course. Get your thoughts on this. Ive talked to a number of democrats on my fox business show, which you should catch. Man or women, they have saying the Companies Feel guilty. Theyre throwing crumbs to the workers. You know, i come around. This is a political things. If you consider 1,000 crumbs, if you consider 2,500 crumbs, if you consider getting help on your utility bills from utilities benefitting crumbs, fine. The crumbs are adding up and they are substantial to the people getting them. Theyre not crumby. That sounds elitist to me. For the people getting that, they love it. So its definitely a boon. As i mentioned, its important the investments in cap x and in the companies as they grow that produces more Economic Growth, which as we know produces more jobs. So a drop in the Corporate Tax rate from 40 to 20. Dropping peoples increases the deduction, dropping peoples individual taxes. All of that is very positive for bought private spending and private investment. So im very positive with regard to Economic Growth over the coming years and job creation. Neil thank you very much, professor. Very good having you. Thank you. Neil theres the other Political Drama developing on the release of fbi texts, those that were allowed to see, those that not, those that support republicans, those that support democrats. And the entities that work in that fine institution. What if i told you its the markets way of saying we dont care after this. Usaa to me means peace of mind. We had a power outage for five days total. We lost a lot of food. We actually filed a claim with usaa to replace that spoiled food. And we really appreciated that were the webber family and we are usaa members for life. Not in this house. cause thats no average family. Thats your family. Which is why you didnt grab just any cheese. You picked up kraft mozzarella with a touch of philadelphia for lasanyeah kraft. Family greatly. My names dustinhey, dustin. Grab a seat. Woman okay. Moderator nice to meet you. Have you ever had car trouble in a place like this . roaring of truck yes and it was like the worst experience of my life. Seven lanes of traffic and i was in the second lane. When i get into my car, i want to know that its going to get me from point a to point b. Well, then i have some good news. Chevy is the only brand to receive j. D. Power dependability awards for cars, trucks and suvs two years in a row. Woman wait laughing i definitely feel like im in a dependable vehicle right now. Woman 2 i want a chevy now. Woman 3 i know neil all right. I know everyone gets into memos and who wrote what and republicans seize on something and democrats seize on something. All that is important. I dont minimize it. But sometimes i step back as the business nerd here at fox and marvel at this. I want to show you these milestones and records that are just routine now. This continues to climb in the face of the president himself might submit to an interview of bob mueller, that 16 white house officials already have, that some of them have already a turnstile of series of interviews with this investigator looking into the whole russian collusion thing, and stocks go up. Investors keep buying. Its a remarkable sort of dichotomy. Maybe its just the markets way of seeing its no big deal or that this could be wrapping up or theyre convinced that its not going to go anywhere or i dont know, to be honest. I find it remarkable. We dont see this kind of thing happen usually in the middle of what could potentially be a constitutional crisis, but again, funny way of showing it. Lets go to molly hemingway. Molly, i got to ask you, im the business man and youre all over this stuff. But seems like my fellow biz nerds are saying, great. Dramatic. Worth commenting and following but we do not care. What do you make of it . I think probably what a lot of america sees is that we have been subjected to more than a year of a pretty dramatic theory alleging russia collusion by President Trump without having any substatiation of it. Weve gone from talking about russia collusion to seeing impropriety with how our intelligence and Law Enforcement agencies handling the investigations into Hillary Clinton and donald trump. Thats a very complicated story that requires a high level of detail to understand. It is significant, but im not surprised that markets are not responding at this point. Neil the latest is the revelation of the texts that went messing that come from peter strzok and lisa page, the relative higher ups of the fbi until they were kind out of their jobs or strzok was helping out mueller. I know were still getting into who said what and when and this period where so many of these texts were missing. Im more intrigued by something that was written long before the election in which strzok was talking about keep in mind these are high up officials in the fbi that he could not envision donald trump being elected president , but when it came to the collusion issue, we need an insurance policy. Now, i know we go back and forth and we never want to disparage our institutions like the fbi, but these are principle players, very, you know, important players at the fbi ruining it for the rest of them then. With a clear agenda. I think that agenda is as germane as any that might be tilted toward the president as democrats have argued or they fell when authorities went too far going after hill little. To me, fair is fair. Investigate away. Right. Its very difficult to talk about the texts without seeing the larger context. A lot of what weve seen does point to politics affecting the timing and handling of the clinton investigation, politics affecting the timing and handling of the trump investigation. We have evidence that maybe james comey did not speak correctly when he talked about his timing and handling of the probe into Hillary Clinton and then we also have evidence that after a year of investigation into trump and had nothing and started a special neil these are double standard examples that you brilliantly outlined. Im one that wants to trust our institutions as well. Im sure our media colleagues feel the same. The fact of the matter, our institutions can get sloppy. Institutions can have agendas. Our institutions can lie. If its even remotely possible, in the case of going after donald trump, they were disappointed to find out that he had a good shot at being president , they wanted an insurance policy to make sure they could, that is at least as germane to go after and to try to protect the better reputation of all the vast majority of people that work there. Yes. Journalists should hold everybody accountable. Neil everybody. Whether its the president or other powerful institutions that have Law Enforcement capabilities such as the fbi and doj. These groups are not able to do what they want without accountability. Some that have oversight say they are alarmed. This should get an investigation. Neil fair enough. We wanted about intelligence against 911. Inherent and blind trust can bite your ass. More after this. Hold together. A little to the left. 1, 2, 3, push easy easy easy horn honking alright alright weve all got places to go weve all got places to go Washington Crossing the delaware turnpike . Surprising. Whats not surprising . How much money sean saved by switching to geico. Big man with a horn. Fifteen minutes could save you fifteen percent or more. Neil is questioning our intelligence institutions the same as ripping down our constitution . That depends on the time, the period and the moment. Right now the fbi. With us Lieutenant General blaken. Thanks for indulging me on this. It cuts to the core of something that i think should be our right as journalists and a society to question those organizations, via the pentagon, the fbi, to certainly work under the assumption i dont think its an assumption that theyre outmanned by good, decent people like yourself, by the way, but there is the possibility there can be agendas, could be groups form to benefit one and not the other. Im wondering in light of whats going on, the back and forth with the bob Mueller Investigation and who did what that its just as fair game to look at those that to be the case. At least we didnt find it. You might take something for your heart. Or joints. But do you take something for your brain. With an ingredient originally found in jellyfish, prevagen is the number one selling brainhealth supplement in drug stores nationwide. Prevagen. The name to remember. Fotheres a seriousy boomers virus out ther