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Critical deadline coming up that affects hundreds of thousands of undocumented immigrants in this country. the capitol hill scramble by the way adding to jitters on wall street. dow is up check it out 270 this morning after another freefall yesterday. the two largest point drops ever in just one week. we're going to get into why with some of our cnbc colleagues in a minute. but first i want to start with the drama at the white house and what has become a reality show there at the moment. nbc's kelly o'donnell is there. kelly, there are new questions this morning about what the president's inne...

Well, he was fully aware only in the last day, but also the idea that this is some sort of ongoing background check or security investigation. >> right. >> and therefore not everything was known or things wouldn't be known to the chief of staff. that just doesn't make sense. >> reporter: exactly. and when they received this information months ago, they had a decision to make, anderson, and they chose not to make the decision that rob porter had to go. that his security clearance was not going to happen. raj shaw was also making this distinction today that rob porter is continuing to work with ...

This trip and these foreign contacts from his security clearance, renewal application in 2016 and concealing them from security clearance investigators who interviewed him as part of his background check process. since these violations carry criminal penalties of up to five years in prison, we're providing your responses to special counsel robert mueller. thanks for the info on this guy you were in business with. what you told us means he's going to prison. the congress men then asked for further documentation about mike flynn's communications with foreign gofs and foreigners about this busine...

Show loophole and improve the background check process. even those proposals are met with some sharp criticism from republicans. >> today to the news the president is -- he's obsessed with undermining the second amendment. >> we don't beat the bad guys by taking away our guns. we beat the bad guys by using our guns. >> joining me this morning, chris jansing and pete williams. >> what is the president proposing? >> we're expecting about a 20-ment speech from the east room today. they're a sign of the frustration he feels having not gotten legislation passed but as you pointed out, jose, a sign ...