gerri willis is here with "making money." gerri: good evening. i'm gerri willis and you are watching "making money." epic failure today for the gop on healthcare. it fell flat on trying to pass a repeal bill. conservatives and mods block any bill at all. president trump calling for the current law to just fail so congress can come together and create a new one. it was a day for the history books. but the gop healthcare failure is sparking concerns about tax reform. adam shapiro joins us with all the details. reporter: it's important to know in regards to tax reform, they have always been on separate tracks. tax reform will be guided by what will eventually be the 2018 budget resolution in the house and senate. tax reform according to chairman kevin brady of the ways and means committee not in jeopardy. but with healthcare, you saw what happened today. let's look at the three nors who for lack of a better term killed the repeal of obamacare. yet there may be at the end of the kay the ability to come together, democrats and republicans. >> let obam

gerri willis is next with "making money." gerri: the healthcare scramble is on. the republicans push to pass a healthcare law facing a new setback. health issues foresenator john mccain delay a vote on it this week. >> i can tell you we hope john mccain gets better very soon because we miss him. he's a crusty voice in washington. plus we need his vote. and he will be back. he will be back sooner than somebody else would be back. but we need that vote because we need to repeal obamacare and we'll end up replacing it. gerri: how many delays can the republican party afford? you have been a leader on this issue. you are the spokesman for the party in so many ways. you are actually a doctor so you know what you are talking about. this issue with john mccain. they are talking about it might take a week for him to get back. he can't fly. he may have to drive. >> john mccain is a vital part of this. as president trump said he's a crusty voice, he's also a courageous voice. we need 50 votes. we need john mccain here for that vote. we were prepared to vote this week. there

thanks, gerri. gerri: thank you so much. tech stocks tumbling today, that's a new trend and not a good one, leading the nasdaq on intra-day high, closing at another record today. we'll break it down, coming up. we're both stuck in this cube farm and you're about to hit 'send all' on some embarrassing gas. hey, you bought gas-x®! unlike antacids, gas-x ® relieves pressure and bloating fast. huh, crisis averted. you for four years. you named it brad. you loved brad. and then you totaled him. you two had been through everything together. two boyfriends, three jobs... you're like nothing can replace brad. then liberty mutual calls... and you break into your happy dance. if you sign up for better car replacement™, we'll pay for a car that's a model year newer with 15,000 fewer miles than your old one. liberty stands with you™. liberty mutual insurance. so we need tablets installed... with the menu app ready to roll. in 12 weeks. yeah. ♪ ♪ the world of fast food is being changed by faster networks. ♪ ♪ data, applicat

gerri willis "making money." gerri: i'm gerri willis and you are watching "making money." major indices rising even though the senate rejects a bill to repeal obamacare. the white house announce a major investment in the u.s. foxconn known as apple's iphone manufacturer creating a facility in wisconsin and will make lcd panels and could generate up to 13,000 jobs. reporter: 13,000 jobs, a $10 billion investment. this will be a factory in the heart of what used to be the democratic stronghold. here is president trump delivering on one of the campaign promises of creating jobs and bringing jobs back to the united states in an area that people have said long left the united states, manufacturing. the representatives of fox connecticut, the president, the vice president, and the speaker of the house from wisconsin we are quite pleads with this announcement. here is what the president said. >> the company's initial investment of more than $10 billion will create 3,000 jobs at a minimum with the potential for up to 13,000 jobs in the very near future. the construction of this fa

gerri: the u.s.-led coalition conducting more airstrikes in mosul, iraq, hitting several isis targets just days after the iraqi prom declared, a quote, total victory in the war on isis. pentagon officials confirming that hundreds of isis soldiers remain in mosul, affirming that the war on isis, quote, is far from over. here to discuss, lieutenant colonel michael walsh. colonel, great to have you on the show. we were showing pictures, amazing scene there. what do you make of this? what is going on there? >> i think the pentagon is absolutely right that isis may be dead as a state but certainly not dead as a movement. they still occupy a number of medium-sized towns on the euphrates river outside of raqqa, syria, and mosul, iraq. for mosul, that is truly devastating. isis okay he paid the a town of 2 million people for three years and turned the city as deathtrap. soldiers, reporting couches, ovens, doorways, rigged into explode. people's homes turned into deathtraps. folks on the ground, demining agen

gerri: good evening, i'm gerri willis and you are watching:"making money." president trump dressing down a recalcitrant senate which failed to address crumbling obamacare exchanges and spiraling healthcare costs. president trump admonishing senators that he has been in hand, and if they didn't deliver a bill to his desk they would have to stay through the august recess. we are going to have more on this later on the shore with the supreme court saying the trump administration can enforce refugee ban for now. reporter: the affordable care act if repealed the number of uninsured would increase by 17 million. by 2020 the cbo said 27 million people would be uninsured on top of the 28 million who don't have insurance today. by 2026, 32 million more would be add to the list of uninsured. but if you add it to the 28 million, we would have 60 million americans who would be uninsured. it does decrease deficits by 373 billion over a 10-year period. but average premiums would increase by 25% next year, 50% in 2020 and double by 2026. and half the country would live in

gerri willis is next with "making money." gerri: good evening. i'm gerri willis and you are watching "making money." president trump ramping up pressure on senators to get the obamacare replacement approved tweeting this, after years of suffering through obamacare republican nors must come through as promised. but what happens if the gop doesn't come through as promises with two no votes already, the bill can't afford to lose any more. ohio governor john kasich tweeted that the bill is still not acceptable, putting pressure on senator portman. former congressman allen west. minute ago fox news learning five republican moderate are asking for changes to the bill before agreeing a procedural vote. apparently they want more money in this bill, colonel. i'm beginning to wonder, are they moderate republicans or moderate democrats in what do you say to that? >> you just answered that question. these are moderate democrats. they are progressive democrats. obamacare comes down to two things. it was an incredible increase of taxation. 20 new taxes. and an

gerri: that's the idea. the cbo said a repeal would leave 32 million more americans without insurance by 2026. premiums for policies for double over the same time. that is quite a headline. in the same poll, 74% of voters say republican should work with democrats. they can figure out a plan of their own. what are your thoughts? can they get this done if they'd have a bipartisan route? >> it sounds like a great idea, but it's very difficult. whether democrats pushing for better greater expansion to medicaid? not just providing low income people, people who are pregnant, utterly, people who can't afford care, but americans who could afford a little bit more. an extension of a government program. but if we just heard everybody into it. that's not going to be a lot of conservatives who want to be fiscally responsible, who don't want to add to national debt and spending and say they should be targeted to the people who need it most. an idea of being bipartisan. i chuckled yesterday when i heard senator schumer ta

gerri willis is next with "making money." gerri: good evening. i'm gerri willis and you are watching "making money." president trump ramping up pressure on senators to get the obamacare replacement approved tweeting this, after years of suffering through obamacare republican nors must come through as promised. but what happens if the gop doesn't come through as promises with two no votes already, the bill can't afford to lose any more. ohio governor john kasich tweeted that the bill is still not acceptable, putting pressure on senator portman. former congressman allen west.

ladies and gentlemen, gerry lenfest. [ applause ] >> gerry just asked me to make a few comments on his behalf. although it took many years for the museum of the american revolution to be brought to this nation, it is finally here, and we would like to thank all of those who contributed to its being. way to go, gerry. [ applause ] >> thank you, marguerite. thank you, gerry. >> well, it's now my duty to introduce our keynote speaker, former vice-president joe biden. >> i'm not sure what more i can say. you heard so much praise of him all absolutely true. but i do want to add that he is actually a son of pennsylvania, born in scranton. but at an early age his family undertook that hazardous crossing of the delaware river. to settle in wilmington. there mr. biden successfully ran for and won a seat in the u.s. senate in 1972, becoming one of the youngest senators in american history, and that was just the beginning of a career of one of our nation's great public servants. he won election to the senate six terms and he was elected vice-president twice. ladies and gentlemen, please welcome t

gerri: right. charles: thanks a lot. meantime cnn calling out sarah huckabee sanders and response to president trump's tweet. the network said quote, it is a sad day when the president of the united states encourages violence against reporters. clearly sarah huckabee sanders lied when she said the president had never done some we will keep doing our jobs. he should start doing his. joining us now, former arkansas governor mike huckabee. governor, would you, a heck of a blow against your daughter. with would your response be to cnn about this? >> i thought it was amazing cnn is talking about truth and honesty. getting advice about truth from cnn is kind of like getting recipes for the 4th of july from hannibal lecter, come on. they're the champions of fake news and fraudulent news. they're constantly reporting stuff turns out to be untrue, including jake tapper had to go back and admit the big thing he held up from, rather "the national enquirer" didn't exist t was totally fake. the attacks on my daughter point you out th

. >> i'm gerri willis in for cheryl casone. lea: conflict of interest among special counsel robert muler's team. probing affiliations of muler's investigators. this comes after report that miller's team is examining business transactions by the president and associated. knows those transactions largely resolve russian interest. the president said that mueller will be crossing the line if it investigates business ties. >> reckless with regard of u.s. sanctions against russia. the department says exxon deepen partnership with russia in 2014 signing deals related to oil and gas projects in that contracts. weeks after washington imposes sanctions in moscow for anesming ukraine's crimea and also what happened hen rex tillerson was ceo. lea: white house says president trump still has confidence in attorney general jeff sessions a day after he criticizes law enforcement official. blake berman with the details. blake. blake: attorney general jeff sessions saying thursday that he's not going anywhere. the attorney general says he's not

gerri laid it out pretty well. lauren: so if, if the president decides to pull those cost-sharing reduction payments will obamacare come awfully close to imploding on its own? >> so the debate that is probably going on right now at the white house and ad hhs is a question what do they do with obamacare on individual plans. so obamacare is going down right now. it is by statute. they messed up how they set up risk pooling. it is almost impossible market to do from an insurance perspective. and there are things you can do in the administration to make its death a less painful one and make it better for patients and low are premiums. reducing regulations, reducing interference in the insurance industry, enhancing choice. you could do that. the other thing you could do, get rid of cost sharing subsidies we talked about, get rid of individual manned state enforcement. get rid of many employer enforcement and you hasten its demise. if you're playing checkers that is something you do. i have a feeling playing chess, you s

gerri willis, thank you so much. coming up, a chicago man has gone to desperate measures to catch the crosstown bus. and a new event at the x games. liberty mutual stood with me when this guy got a flat tire in the middle of the night. hold on dad... liberty did what? yeah, liberty mutual 24-hour roadside assistance helped him to fix his flat so he could get home safely. my dad says our insurance doesn't have that. don't worry - i know what a lug wrench is, dad. is this a lug wrench? maybe? you can leave worry behind when liberty stands with you™. liberty stands with you™. liberty mutual insurance. ray's always been different. last year, he said he was going to dig a hole to china. at&t is working with farmers to improve irrigation techniques. remote moisture sensors use a reliable network to tell them when and where to water. so that farmers like ray can compete in big ways. china. oh ... he got there. that's the power of and. i am totally blind. and non-24 can throw my days and nights out of sync, keeping me fr

hi, marcus, gerri. >> gerri, nice to meet you. [horn honks] this is the whole kitchen? >> this is the entire kitchen. >> this kitchen is tiny. i'm shocked by the size of this kitchen and the lack of equipment in there. i don't know how she even cooks anything, let alone contribute to the $500,000 coming out of her department. be nice if you had more space. >> it would be great to have more space. that's the biggest problem we have. when we're plating at night and a full bar of 75 people, it's really hard. it's tight. [car alarm chirps] >> just hearing from some of the other team members about the place, i think the biggest thing is there is no leader. >> no. >> no? when i was called to come here, i think they assumed that i would just come in and just write a check. >> yeah. [laughs] >> and the reality of it is, is that i am not convinced yet. >> are you the grim reaper, or--[laughs] >> me? >> yeah. >> sometimes. i don't really know where the leadership is. i don't know who the owners really are. >> if there's changes to be made and sacrifice to be made, we're willing.

let me ask fox business network gerri willis. the president does a lot wrong. he says a lot of dumb things. especially on twitter. just stop, we have enough going on. you don't have to make stuff up to sell aerobic shoes. gerri: if somebody said that to me i would say thank you, you made my day, i love to hear it. what reboiks really telling you is they believe money is red or blue, not green. they don't want to see anybody from any red state buying their shoes. this is confounding. i don't understand why they are doing it. what makes me even angrier from their brand manager saying they are helping change the narrative around women. kennedy: don't feed me your company line about whether i'm expected to accept that for myself whether i receive compliment. if someone tells you you are in good shape, shouldn't you be shahful for that? gerri: i'm all about positive reinforcement. she said sh -- we saw this as a learning moment. who is the teacher if this is a learning moment? this is marketing. we are selling gym shoes. kennedy: even michael year dan when asked if

gerri willis, thank you so much. coming up, a chicago man has gone to desperate measures to gone to desperate measures to catch the crosstown bus. ♪ ♪ gone to desperate measures to catch the crosstown bus. ♪ ♪ ♪ i'm the one clocking in... when you're clocking out. sensing your every move and automatically adjusting to help you stay effortlessly comfortable. there. i can even warm these to help you fall asleep faster. does your bed do that? oh. i don't actually talk. though i'm smart enough to. i'm the new sleep number 360 smart bed. let's meet at a sleep number store. kennedy: i spent the weekend at freedomfest. i'm pleased to announce that unlike my previous trips, i didn't have to sell a single pint of blood to pay off my gambling debts. this is the "topical storm." topic number one. i did get a twitch in vegas though. last month the hottest workout trend was the cross fit. you dodge the fence' and the secret service. the hottest trend is cat yoga. a bunch of single woman in their 40s doing yoga. each cla

gerri willis is here with "making money." gerri: good evening. i'm gerri willis and you are watching "making money." epic failure today for the gop on healthcare. it fell flat on trying to pass a repeal bill. conservatives and mods block any bill at all. president trump calling for the current law to just fail so congress can come together and create a new one. it was a day for the history books. but the gop healthcare failure is sparking concerns about tax reform.

gerri: good evening, i'm gerri willis and you are watching:"making money." president trump dressing down a recalcitrant senate which failed to address crumbling obamacare exchanges and spiraling healthcare costs. president trump admonishing senators that he has been in hand, and if they didn't deliver a bill to his desk they would have to stay through the august recess.

fox's gerri willis breaks down the business side of the fourth of july. >> reporter: happy 241st birthday, america. with 88% of americans plan on celebrating the nation's special day survey by the national retail federation finds 53% of consumers already own patriotic themed apparel like t shirts, bathing suits or shoes. still, 28% say they plan on purchasing more. >> rock on america. we need a little proud. everyone needs rock a little america pride. >> reporter: that american pride means different things to different people. but to 66% of those surveyed, it means a lot of red, white and barbecue. average consumer is slated to spend just over $73 on food for cook outs totaling over $7 billion in revenue. the north american meat institute says americans will eat 150 million hotdogs on july 4th alone. >> it's a time when americans get out and fire up their barbecue and there's really nothing better for the barbecue than meat and so whether it's a had the dog, hamburger, steaks, chickens, there's lot of different ways you can grill meat on the barbecue. >> reporter: long summer weekend is a

gerri willis "making money." gerri: i'm gerri willis and you are watching "making money." major indices rising even though the senate rejects a bill to repeal obamacare. the white house announce a major investment in the u.s. foxconn known as apple's iphone manufacturer creating a facility in wisconsin and will make lcd panels and could generate up to 13,000 jobs.

gerry adams is now having a word. unionist parties want to delay and they come toissues parties want to delay and they come to issues of rights solely and relu cta ntly to issues of rights solely and reluctantly — — slowly to issues of rights solely and reluctantly —— slowly and relu cta ntly, reluctantly —— slowly and reluctantly, but they cannot do that for ever. and the reality is that the sinn fein electorate will not consent to being governed by the dup on dup termed. and we wouldn't expect the dup electorate to be governed, or to consent to be governed, or to consent to be governed by sinn fein and sinn fein terms. so what's it all about? as the song says. it's about rights. that's what it's about. it is about equality, fairness, respects. and it's really important just to reflect that the rights that are being denied to people here across a range of issues that michelle has dealt with are promoted in all other parts of these islands. so if your mac in scotland, wales, the south, england itself, you

speaking at the rally was the president of sinn fein, gerry adams. he outlined why he things there can be no deal before monday. i do believe there will be a deal by monday. —— don't believe. the dup is showing no urgency or no real inclination to deal with the rights at the heart of the companies. i am talking about the companies. i am talking about the bill of rights, the whole issue of marriage equality, a whole range of marriage equality, a whole range of other matters, and unless that changes i can't see how we will be here on saturday afternoon. and i told them this directly. and of course if there is a staff change and part of that staff change is for everybody to understand that equality and respect has to be at the heart of the institution. they have to deliver for everybody. not just sinn fein or dup but for everybody, including those who don't vote and those who are vulnerable, who want their rights. that is the only basis on which these institutions are going to be put together. all attention now turns to monday, but it's not a deadli

gerri willis is live in new york city with all the details on this. gerri? >> a proposal to scale back the affordable care act, the so-called skinny option, getting rid of obamacare manned dates, could push push rates higher if passed, according to blue cross/blue shield association, a major insurer on healthcare exchanges. here's what they said. quote, if there's no longer a requirement for everyone to purchase coverage, it is critical that any legislation includes strong incentives for people to obtain health insurance, and keep the year-round. a system that allows them to purchase only when they need it drives up costs for everyone. the ceo of anthem said if the company doesn't get more certainty about the future of the exchanges, well, it will further narrow our level of participation. anthem is the largest for-profit company in the blue cross blue concealed association. swedish, the ceo, emphasized the need for cost-sharing reduction payments for 2018, and without them, said, the insurer may boost rates 18% to 20%. as i throw it back to you, melissa, yo

it was dick cheney who put it to me when he was gerry ford's, a terrific chief of staff for gerry ford, said you can't have a tough thing you have to tell the president and have six or eight guys who say, it's your turn, it's your turn. there has to be one person. and we do not have a chief of staff as we speak who can tell the president no. charlie: is there anybody who can tell the president no? >> you know, i sometimes wonder if donald trump could find the civilian equivalent of jim mattis who evidently has the gravitas to change the president's mind on torture, for example. and tell him no. he needs to find somebody like that. because history is littered with the wreckage of presidencies that tried to govern this way, including gerry ford's. >> back to your first question, who makes a good chief of staff, i completely agree with john. the role of the chief of staff is going to vary from president to president and vary drastically. it would be hard to imagine two presidents more unlike in the delegation department than president reagan and president carter. president carter, like pr

gerri: good evening, i'm gerri willis, and you're watching "making money". we are bracing for the start of tonight's vote-a-rama, as the white house pivots to taxes and seemingly gives up on the border adjustment tax, while the house prepares to leave for summer recess tomorrow. must be nice to take a vacation amid all of that. to the health care scramble, just a few moments ago. a group of top senate republicans slammed the idea of a skinny bill. >> the skinny bill is policy is a disaster. the skinny bill, as a replacement for obamacare is a fraud. the skinny bill is a vehicle to

at the rally, sinn fein president gerry adams, who is in favour of same—sex marriage, outlined why are there would be no deal by monday. the dup are showing no urgency or inclination to deal with the rights that are at the crux of the difficulties, and i'm talking here about the bill of rights, the whole nature of marriage equality, a whole range of other matters including legacy issues, and unless they step change, ijust legacy issues, and unless they step change, i just can't see, legacy issues, and unless they step change, ijust can't see, here we are on saturday afternoon, ijust can't fit... and we told them this very directly, howard deal can be put together by then. and of course, if there is a step change, and part of that step changes for everybody to understand that equality and respect has to be at the heart of the institutes. they have to deliver for everybody, not just the institutes. they have to deliver for everybody, notjust the sinn vote, not just the for everybody, notjust the sinn vote, notjust the dup vote but for everybody, including those people who don't vote and

the president of sinn fein, gerry adams, says he doesn't believe a deal to restore power—sharing in the northern ireland assembly will be agreed by the deadline of monday. the controversy over a green energy scheme, that left the devolved administration almost half a billion pounds overspent, led to the collapse of the assembly almost six months ago. speaking to me a little earlier northern ireland reporter sara girvin gave me this update on the story. northern ireland has been without a functioning devolved government since january. talks aimed at restoring power—sharing, they resumed after the general election, and it has been a very bumpy road since then. the two main parties involved are the democratic unionist party and sinn fein. they seem unable to reach agreement on several major issues, both blaming each other for the lack of progress. 0ne of the main stumbling blocks between the two, seems to be the nationalist and republican demand for an irish language act, and the dup's opposition to that. also, the recent deals struck between the dup and prime minister theresa may, to es

speaking at the rally was president of sinn fein, gerry adams and he outlined why he believes there can be no deal before monday. i do not believe there is going to be a deal by monday. the dup are showing no urgency, or no real inclination to deal with the rights—based issues which are at the heart of the difficulties. i am talking about the bill of rights, the whole issue of marriage equality, a whole range of other matters, including legacy issues. unless there is a step change, here we are on saturday afternoon, i cannot see... and we have told them this directly, i cannot see how it can be put together by then. if there is a step change, and part of that is for everybody to understand that equality and respect has to be at the heart of the institution. they have to deliver for everybody, not just the sinn fein vote, not just the dup vote, but for everybody, including those who do not vote, those who are vulnerable, or are in poverty, who what their rights. that is the only basis on which these institutions will be put together. all the attention now turns to monday but it is not

connell: to gerri's point, go back to dan on this and then dave. we might do a little too much on the connection between the wall street world of the washington world. i understand there is a connection and certainly there's a correlation between the two on certain issues and maybe now more than there are has been in the past sometimes. but look at these companies. now we're showing banks. but before that showing amazon and these big tech companies. alphabet and all the rest. so a lot of great innovation and a lot of great things that are done and some of it maybe separate from politics. can we remove the two? >> well, i think we can, connell, and i think gerri is right on the money. i think -- and that's the point i was trying to make. i think the underlying fudgin fundamentals are based on some enthusiasm and some things that will happen, already beginning to happen if we start to seek -- connell: we keep going up. dan, is that essentially what you're saying? >> i think if we don't get a tax cut, i think things are going to continue to plug along

gerry lenfest your determination and contributions kept the vision of the museum revolution in motion and for that we are forever thankful. at a time when we experience so much political acrimony, it is gratifying to see leaders in organizations from all walks of life come together to honor our nation's founding. just as the thanksgiving prayer says, this is also a day that gives my people great peace of mind because is it is the culmination of years of work to preserve, honor, and enshrine our historic role in the founding of this country. never forget the phrase we often hear about history. the phrase implores us to preserve our heritage and also reminds us that without effort our pasts can be erased from our memories. few know this better than native americans. and we are proud to be taking steps to make sure our role in this nation founding is remembered. and that the stories of our history are told and retold for generations to come. with today's opening of the national museum of the american revolution, we are rescuing the history of this country's birth and native americans rol

gerri willis is next with "making money." gerri: good evening. i'm gerri willis and you are watching "making money." president trump ramping up pressure on senators to get the obamacare replacement approved tweeting this, after years of suffering through obamacare republican nors must come through as promised. but what happens if the gop doesn't come through as promises with two no votes already, the bill can't afford to lose any more.

joining us is gerry smith. what is the latest? >> the latest is at&t and time warner are in talks with the justice department about how this deal could go through with conditions. signis an encouraging because there have been questions for a while about whether the justice department might try to block the deal. president trump has criticized cnn which is owned by time warner and said during the campaign he might try to block the deal. we know now the companies are in talks with justice department lawyers about the deal going through and having certain conditions they have to follow after the deal goes through. emily: talk to us about other television channel owners and what they are concerned about. owners,um channel rivals to hbo, companies like showtime, they are very hbo,rned at&t could use hbo is ownedause by time warner, they would favor hbo over there channel. they are asking the justice department for conditions that protect them and make sure they get the same kind of marketing and packaging, equal footing on online distr

fire brigade, that said it was so alarmed about a lack of failure on the part of councils and counsel gerrie messer councillors to take responsibility for the risk posed by high—rises, two years ago, that it issued specialist guidance on the question local councils needed towards contractors and planning organisations? the problem we have dates back well beyond two years, it's several decades now. what has happened is as a result of an obsession with market economic and looking at public services as an opportunity to make profits, we have seen local authorities cutting corners, public services and externalising, we've seen the tragic consequences here at grenfell of a this approach to housing. i hope this approach to housing. i hope this will be a wake—up call and when we hear ministers talk about learning lessons, they desperately need to learn the lesson that the neoliberal ideology they have been pursuing for so many years is a busted flush. it doesn't work. we need to see public services being about providing public services, not generating private profit. are you confident in the en

this is what gerry adams had to say to journalists. i do not believe there is going to be a deal by monday. vb upi are showing no urgency, or no real inclination to deal with the rights —based dishes which are at the heart of the difficulties. i am talking about the bill of rights, the whole issue of marriage equality, a whole range of other matters, including legacy issues. unless there is a step change, here we are on saturday afternoon, i cannot see... and we have told them this directly, i cannot see how it can be put together by then. if there is a step change, and part of that is for everybody to understand that equality and respect has to be at the heart of the institution. they have to deliver for everybody, not just the sinn fein broad, notjust the dup vote, but for everybody, including those who do not a, those who are vulnerable, or are in poverty, and to what their rights. that is the only basis on which these institutions will be put together. it is 5:15pm. the headlines on bbc news: the government says it will keep a cl

the president of sinn fein, gerry adams, says he doesn't believe a deal to restore power—sharing in the northern ireland assembly will be agreed by the deadline of monday. the controversy over a green energy scheme, that left the devolved administration almost half a billion pounds overspent, led to the collapse of the assembly almost six months ago. speaking to me a little earlier northern ireland reporter sara girvan gave me this update on the story. northern ireland has been without a functioning devolved government since january. talks aimed at restoring power—sharing, they resumed after the general election, and it has been a very bumpy road since then. the two main parties involved are the democratic unionist party and sinn fein. they seem unable to reach agreement on several major issues, both blaming each other for the lack of progress. one of the main stumbling blocks between the two, seems to be the nationalist and republican demand for an irish language act, and the dup's opposition to that. also, the recent deals struck between the dup and prime minister theresa may, to es

we will discuss those things including an interview with gerri moran who said i will not vote for this, killing the bill before it even got to a vote. the my pillow guy talking about made in america week. don't miss a minute of "fox and friends". i joined the army in july of '98. our 18 year old was in an accident. when i call usaa it was that voice asking me, "is your daughter ok?" that's where i felt relief. we're the rivera family, and we will be with usaa for life. >> on australian woman shot by a minnesota police officer. rob: could have potentially led to this tragic death. >> so many questions need answering, somali immigrant mohammed nor fired the shot, referencing the loud noise in the dispatch audio moments after being shot outside her home. >> shots heard from the east, weird sounds from the station. >> the minnesota woman called police, driving the car when in the passenger seat, approached the driver side window wearing pajamas. that is when nor fired through the door, striking her in the stomach joined the force in 2015 but had three complaint filed against him. offices p

that is our media reporter gerry smith. mark: let's move on ahead with low running inflation, will it cause the fed to hold off on further rate hikes? we will hear from the former fed governor dan tarullo with an exclusive interview. plus, the latest on deutsche bank, set to be moving $350 billion in assets. this is bloomberg. ♪ ♪ vonnie: live from bloomberg world headquarters in new york and in london, i'm vonnie quinn. mark: and i mark barton. this is "bloomberg markets." breaking news, brexit and deutsche bank are calling to a matter,amiliar with the $350 billion on the balance sheet of its u.k. indices to frankfurt. steven arons breaking this from frankfurt. what is the timeline of this? ven: it is going to start happening and they are laying the groundwork. there start reaching out to clients in september. then they will be building up the i.t. , they willr from now start moving those trades and hope to complete this by march 2019. vonnie: if this project --is this project just about the balancing and reporting in

gerry lenfest your determination and contributions kept the vision of the museum revolution in motion and for that we are forever thankful. at a time when we experience so much political acrimony it is gratifying to see leaders in organizations from all walks of life come together to honor our nation's founding. just as the thanksgiving prayer says, this is also a day that gives my people great peace of mind because is it is the culmination of years of work to preserve, honor, and enshrine our historic role in the founding of this country. never forget the phrase we often hear about history. the phrase implores us to preserve our heritage and also reminds us that without effort our pasts can be erased from our memories. few know this better than native americans. and we are proud to be taking steps to make sure our role in this nation founding is remembered. and that the stories of our history are told and retold for generations to come. with today's opening of the national museum of the american revolution, we are rescuing the history of this country's birth and native americans role

joining us, max ferris and gerri willis. what do you make of that, gerri? >> listen, i think it's fabulous. we had a great day today. it was a half day of trading. don't get too excited. what i want to say to people for the second half, there's more than four stocks to buy out there. everybody thinks about the fang stocks. terrific the nasdaq was up 14% in the first half. but you can shop around and buy stocks that aren't the four stocks. that could be a possibility. >> the major averages have been appreciable year to do. the dow almost 9%. we've had the nasdaq up north 14%. is that sustainable in the second half? does it depend on what's going on in washington or not? >> i don't think the market needs anything positive. it may be a benefit at this point. it's been discounted. the trump rally just turned into a rally in the last few months. it's mostly tech stocks. >> how much does he have to do with it, you think? >> the stocks are up strong today. those would be the ones to benefit most from the tax cuts. it's the technology, the apple, the google. those

gerri, thank you very much. >> you're welcome. cheryl: here is something you want to think about as we go to break. a lot of folks are out there wondering today if democrats have lost their minds over a proposed bill to investigate president trump's mental fitness. i'm not making this up. democrats have taken trump hatred to entirely new level. is it crazy? we'll debate it coming up next. but they say...if you love something set it free. see you around, giulia cheryl: democrats on the hill are drafting a bill calling into question president trump's mental fitness to hold office. the bill, which has nearly two dozen cosponsors, would establish a commission to carry out a quote, medical examination of the president, to determine whether the president is mentally or physically unable to discharge the powers and duties of the office. joining me now, democratic strategist jessica tarlov here in our new york studios. she is coauthor of the new book, "america in the age of trump." we've got american majority ceo ned ryan. this is somethi

joining us is gerry smith. what is the latest? >> the latest is at&t and time warner are in talks with the justice department about how this deal could go through with conditions. that is an encouraging sign because there have been questions for a while about whether the justice department might try to block the deal. president trump has criticized cnn, which is owned by time warner and said during the campaign he might try to block the deal. what we know now is that the two companies are in talks with justice department lawyers about the deal going through and then having certain conditions they have to follow after the deal goes through. emily: talk to us about other television channel owners and what they are concerned about. >> well, for example, premium channel owners, rivals to hbo, companies like showtime, they are very concerned at&t could use hbo, basically favor hbo because hbo is owned by time warner, and at&t is acquiring time warner, so they would favor hbo over there channel. they are asking the justice department la

because gerry ford put his name on it, and gerry's ford's word was always good." history and the american people were not ready to part with gerald ford. in december, 1973, he was appointed vice president of the united states. just eight months later, on august 9, 1974, vice president the presidency admits the greatest constitutional crisis since the civil war. upon taking the presidential oath, he spoke to the american people -- "i am acutely aware you have not elected me as your president by your ballots. so i ask that you confer me as your president with your prayers." not only did the new president confront widespread public disillusionment in the wake of the watergate scandal and the vietnam war, he also grappled with the devastating economic recession around the world. the president, who never sought the presidency, resolved his time in office would be a time of healing. he announced clemency terms for vietnam era draft of aiders and part in his predecessors, an act that historians recognize as one eous inmost courag u.s. history. as vice president dick chen

gerri willis thank you very much. gerri talked about the 45 million for on pyoid. it will be a lot more money. republicans likely to keep in place at least two of the more prominent taxes built into the affordable care act. talking about 3.8% surtax on the well to do. gerri pointed out earning more than $200,000 a year. couples earning $250,000 a year, the group has to pay a .9 of medicare surtax. it would dole out billions over the next 10 years to buy votes. are they buying any votes? does this make a difference? does this get conservatives on board? buying votes with lots of money, presumably trying to trim this then down seems like an oxymoron. but let's ask club for growth president david macintosh. what are you hearing about this? >> inclusion of the lee-cruz amendment opting out an consumer choice that is a big step in the right direction. we're all for that. we've been advocating for it. disappointing as you point out all of these wasteful spending increases and therefore, keeping the obamacare tax increases which hurt job creation. it is a protection that

neil: gerri, thank you very, very much. gerri willis. earnings season kicking off. i want to get into that. i want to touch on the amazon thing quickly with gary kaltbaum and heather zumaraga. with sunamerica funds. getting into blue apron's turf and a lot of folks turf as its wont. won't constant movement into other fields draw the attention of regulators, whether it is justified or not, and isn't that a potential shadow? i should disclose i am a amazon shareholder but what do you make of that. >> who isn't, right? neil: you're exactly right about that. >> well i would say it is already catching a lot of attention from regulators in general. technology he across the board, look at ai, artificial intelligence and displacing jobs. they're coming and taking over companies. it might be the death of the human workforce and the rise of the robots and the machines, right? i mean that is what we have to be careful. we want all of this technology to occur but we also need to make sure we don't put other businesses, you know, just put them aside, mom-and-pop stores and small

it was dick cheney who put it to me when he was jerry ford's, a terrific chief of staff for gerry ford, said you can't have a tough thing you have to tell the president and have six or eight guys who say, it's your turn, it's your turn. there has to be one person. and we do not have a chief of staff as we speak who can tell the president no. charlie: is there anybody who can tell the president no? >> you know, i sometimes wonder if donald trump could find the civilian equivalent of jim mattis who evidently has the gravitas to change the president's mind on torture, for example. and tell him no. he needs to find somebody like that. because history is littered with the wreckage of presidencies that tried to govern this way, including gerry ford's. >> back to your first question, who makes a good chief of staff, i completely agree with john. the role of the chief of staff is going to vary from president to president and vary drastically. it would be hard to imagine two presidents more unlike in the delegation department than president reagan and president carter. president carter, like pr

agree with, i think gerri made a good summary of what was going on in at least some of the traders' minds. the other thing you're talking about, the reality hitting, i think there is a general fatigue in the trump rally. i mean, they're seeing all this negativity, which would be equally countered if we saw some positive moves in health care or tax reform. we really haven't seen anything we've seenrhetoric. add that on top of the market is straight up since trump took office and probably looking for any excuse to sell. that's a pretty -- >> neil: that makes a lot of sense. as you said, you know, you don't go up in a straight line. these markets are still up. not only since the beginning of the year, but by far, since the president's election in the first place. but let's just throw in there the possibility that he doesn't get everything he wants this year. that maybe both the health care thing, if it ever comes to pass, 2018 development, the tax cut thing, 2018, then what? >> well, i think 2018 will feel awful short hill, because the midterm elections are in november of that year, and ther

in new york, i'm gerri willis fox business. >> good news for drives this holiday weekend. gas prices for the fourth of july weekend are the cheapest since 2005. prices at the pump averaging $2.21 per gallon. according to gas buddy. that is far below the ten-year average of three dollars and 14 cents per gallon and roughly 16 cents cheaper than a month ago. >>> americans will save $4 million a day for everyone cent dropped. americans are feeling pretty flush with cash given fact that prices are averaging $2.21 a gallon. that puts more money into the pockets of consumers an lot of that money will be spent elsewhere. >> aaa predicts a record 44.2 million people will travel at least 50 miles from home for independence day weekend and most of those travelers will be driving. >>> are you constantly worry about whether your cell phone battery is charged enough? it can be frustrating but now one professor is using science and creativity with the hope of revolutionizing the way batteries work. fog's dan, has the story. >> reporter: build a better cell phone battery and the world wi