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tv   After the Bell  FOX Business  June 8, 2017 4:00pm-5:01pm EDT

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close on wall street. we're seeing right now as we look at the new york stock exchange. [closing bell rings] we're up by 12 points on the dow. thanks for joining us here on the countdown. in for liz claman. we now have david asman, melissa francis for "after the bell." david: thank you, connell. market moving day for global politics and dow closes new record high. strong reactions pouring in on both sides from the testimony of fired fbi director james comey where he accused of president trump lying. admitted he intentionally leaked a memo to trigger a special prosecutor. we now know why he went public with the clinton email investigation. it was a bombshell. more on that. how the white house and both sides of the aisle are responding right now. melissa: plus polls in the uk will be closing in less than an hour. voters picking britain's next primm. the results could shape future
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of u.s.-british relations for decades to come. major averages climbing into the close. nasdaq ending at another new record. apparently this is not that much worry out there. i'm melissa francis. david: i'm david asman. so glad you can join us. this is "after the bell." we have a show for you. from wall street to washington to london we have you covered on all the big stories this hour. the dow ending off its highs after hitting a brand new record during the comey testimony. go straight to nicole petallides on floor of new york stock exchange. some wild swings. what happened? >> they were taking in testimony. no doubt every trader was watching and list eing. in the end they saw it was favorable for president trump. they had nothing to worry about at this time. they went right back to trading. markets moved to highest point, 12:30, just before hearings wrapped up. traders said there was no smoking gun. everything is fine. took banks higher.
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we saw nasdaq move to a high. it is closing at 32nd record close since trump's inauguration. all-time highs for the dow and we saw the s&p with up arrows as well. as nasdaq closes at this record high, 6305. it closed higher than that also yahoo!, which has a couple of reasons. the deal with verizon and as well as related to alibaba which soared today on revenue outlook as yahoo! has a stack in that. yahoo! at the highest level, looking closely at the tape. looking like the highest close since the year 2000. nvidia, fresh record there on citigroup positive comments. tesla new high, expedia as well. nordstrom surged and this was on the idea they may be considering taking themselves private and nordstrom's big move almost up 11%. it brought all the retailers higher as well. there was a lot of green on the screen. exciting day, back and forth.
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but traders a-okay with at happened today and moving forward. david:ee minutes after the hour, all indexes are in the green. nicole. thank you. melissa. melissa: getting heated on the hill, former fbi director james comey testifying in front of the senate intelligence committee earlier today, revealing startling new information. let's go to adam shapiro in washington with the latest. break it down for us. reporter: revelations were quite impressive. there is loretta lynch. we learned the former attorney general, approached then fbi director mr. comey regarding investigation of the hillary clinton email scandal and bill clinton's meeting with loretta lynch at the airport aboard lynch's aircraft in phoenix? she asked him not to call it an investigation lynch asked, but call it a matter. there was the whole thing about mr. comey actually coordinating the leak of his memo, via a friend to "the new york times." there was the accusation he said, that the fbi was in disarray.
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the trump administration said that was the reason they were firing mr. comey. he called that just outright lies. of course "the new york times" and many other media reporting getting coverage of russia investigation in mr. comey's words, dead wrong. but this exchange about a tweet the president had made regarding the recording of conversations and that you better hope there aren't tapes, well here is what mr. comey said about that. >> why didn't you stop and say, mr. president, this is wrong? i can not discuss this with you. >> that's a great question. maybe if i were stronger i would have. i was so stunned by the conversation, that i just took it in, and the only thing i could think to say, because i was playing in my mind, remember every word he said, was playing in my mind, what should my response be? that is why i very carefully chose the words. look, i've seen the tweet about tapes.
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lordy, i hope they're tapes. reporter: so those memos again. the committee asked for the memos to be handed over to them but right now the memos are in the possession of mr. mueller, the special counsel looking into all issues regarding russia. back to you. melissa: adam i heard it was not a leak so it wasn't classified information. so i mean sneaky sharing through a back channel pretending like you're not behind it. reporter: selective placement how people are calling it. connell: doing in a secret way so nobody knows what you're doing, we'll call it that instead of leaking. thank you, adam. david: "new york times" treated it like a leak. blake burman is standing by at white house. reporter: president left all the taking to his personal attorney marc kasowitz. the president was asked by reporters when cameras were
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brought into the event to comment about jim comey and president took a complete pass there. did not say anything at all. it was kasowitz though at news nference earlier today tt the president feels vindicated >> mr. comey has now finally confirmed publicly what he repeatedly told president trump privately. that is, that the president was not under investigation as part of any probe into russian interference. reporter: however kasowitz took issues with multiple parts of comey's testimony. he contended the president never asked for what amounted to a loyalty pledge from comey and did not ask for the investigation he says for michael flynn to be halted. conversations twine president and comey were chronicled by comey, adam talked about in memos. comey took notes of their conversations because he feared the president, as comey put it would lie. here at the white house earlier
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today the deputy press secretary sara sanders was asked if the president is a liar. so which she forcefully responded, quote, no. i can definitely say the president is not a liar and frankly i think it is insulting that he question would be asked. kasowitz also slammed comey for having those memos being handed over to the "new york times." kasowitz suggested that is now law enforcement who might want to take a look at former fbi head. >> we will leave it to the appropriate authorities to determine whether these leaks should be investigated along with all the others that are being investigated. reporter: comey also testified today that the former attorney general loretta lynch had wanted email probe into hillary clinton to be described as a quote, matter and not an investigation, which comey said gave him a quote, queasy feeling. david, here at the white house earlier today, sanders was asked about that, asked for a comment.
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instead she took a pass. david? david: very interesting stuff. blake, thank you very much. melissa. melissa: bring in our panel. charlie hurt, "washington times" opinion editor. fox news contributor. marianne marsh, democratic strategist. so guys, i watched every minute of it. i think everybody looked bad. comeis leaking things through other people, lying about where it is coming from, covering his tracks. trump looked terrible. you know he is asking people to do things. loretta lynch looked bad. the clinton campaign. the only people who looked good ironically were senators who were asking decent questions and showing some decorum. charlie, where am i going wrong? >> i think you have got that exactly right. the problem though for democrats and people that are want to go after donald trump and embarass him is that the stuff that made, that where trump looked bad, we knew about all of it, it all had been leaked. only new things came out today were things that were pretty bad, like the loretta lynch thing.
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and one thing, fascinating exchange you had about the leaking whether you call it leaks or whether you call sitting else. melissa: sneaking sharing. >> sneaky sharing. the key here is, that this was a presumably confidential conversation between the president of the united states and his fbi director. melissa: yeah. >> the idea that the fbi director has the right, has the, is in the position to determine that no, executive privilege does not apply to these conversations? that's pretty serious stuff. and i'm sort of surprised that how nonchalantly jim comey revealed that stuff because i would think as a lawyer, as an investigator, he is very good both of those, that had to have been in the back of his mind. melissa: marianne, sort of like a dious buffet of bad behavior. there was something for everyone through the whole entire thing. it was kind of amazing. and what's odd is, even though a lot of stuff in there was new,
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kind of what we expected. he is a show pony. he is a chatty cathy. comey, he gets out there. shares all the stuff. there ends up being something for everyone. give me your thoughts. >> everyone on display today, only one who had anything to lose is donald trump. in that respect it was devastating day for him. remember, james comey, under oath, said that donald trump had lied rethe pete he hadly. james comey said, he lost his job because he has been investigating russia. he exposed even more concerns about michael flynn in his involvement with russia. he also put attorney general sessions under a bigger spotlight, basically leading people to believe that there is even more there with him. so when you add all of that up, and james comey did it under oath, nobody else has, you have to say this was really damaging day. if you don't take my word for it, only look at donald trump. when he came out after the comey hearing ended, he went to the public event. the look on his face, that subdued performance, you can tell you know he is in trouble.
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only person who can vindicate him is donald trump. melissa: charlie, i think another big loser today, loretta lynch. her reputation went down the drain. she asked comey to use language that they were using in the campaign, which, comey said, to characterize it, his exact words, to characterize the investigation in a way that was totally a lie. that was totally inaccurate. it was a matter. it was absolutely an investigation. loretta lynch wanted me to lie about it. it made him nauseous. >> that right there is an absolute bombshell that nobody knew anything about before today. melissa: right. that was brand new. >> and the idea that, and what that means is, because after, after that conversation between comey and loretta lynch, comey went up to the hill, testified, and used that term, matter instead of investigation, per her request. and so we're standing here today, not only is there no evidence whatsoever that has ever been presented today or fore, prident trump
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interfered with the election. loretta lynch did interfere with the election because that happened before the election. melissa: marianne, if you think it was devastating day for president trump, i wonder the consequences because he is not facing election for really long time. nobody said anything there, you know anything even remotely on the level of impeachment or anything like, so what is the damage if it is as bad as saw it was? >> this is the start. after james comey left hearing room they went to private session in a scif where they revealed even more. he said i can't speak about this in open forum. none were good for donald trump, number one. number two, this is not a cloud but mushrooming hurricane that surrounds him. that will impede him from getting anything done. if donald trump has tapes. put them out. if you have taxes show that you didn't do deals with russia. at that is what you have to do to try to get this passed and something done. melissa: what republicans said about the clintons never amounted to anything. david. david: by the way we heard more
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about the meetings on tarmac. if anybody had any questions about that being improper, those questions were answered today as well. melissa: talking about actors everywhere. david: closing at brand new high. the dow hit a new record earlier after investors, investors failed to see a smoking gun in the comey testimony. but now markets are waiting for the dig results out of uk elections. tonight will theresa may keep her job as prime minister or could we get a left-winger in there? we could see major market moves coming on all this tomorrow. scott martin, kingsview asset nagement, fox news contributor, along with kevin kelly from he recon capital. scott, i always look to the market, sometimes the market will overshoot on one side or the other but getting through all of the political arguments, you look at the numbers, and the market clearly did not think that there was anything impeachable what they heard today. >> no, it didn't, david. you're right to look at market, because the markets right or
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wrong, like them, dislike them, depending on your positioning are the ultimate dermer. the markets saw the necessary evil, necessary passing of comey distress. the administration and markets themselves hopefully focus on an agenda, remember i believe is somewhat baked in still to these market prices, tax reform, regulatory reform and possibly repatriation of all those dollars overseas sitting there waiting to be reinvested in the states. david: kevin, talk about overseas, we have the very important election. not so much, england is key to the world economy. because we have the choice between a moderate conservative, theresa may, and a far-left guy, jeremy corbyn, he could really dramatically change the face of great britain. >> yeah, i think when you talk about overseas, they certainly play into our markets to a degree but we saw when the british referendum happened, it was very short-lived, especially because when you look at the
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ftse 100, a lot of those companies have earnings overseas. they're only impacted 25% by the british market. what really happened today overseas is that the ecb left rates unchanged, i think that is telling. i think that also played into today's markets and performance returns. we know comey was synonymous with volatility especially during the election cycle because he wasn't today. all the information was out there. only new information out there was with loretta lynch. melissa: beginning of the end of dodd-frank. house republicans are set to pass quote, the crown jewel of the gop plan for regulatory reform, effectively killing laws put in place during the obama administration. >> today house republicans are pushing a dangerous wall street first, wall street first, that who they are, bill, that would drag us back to the days of the great recession. melissa: she was so close, almost got it right. the vote is expected in next
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half an hour. kevin, what do you think? >> what i think dodd-frank is an albatross around free markets neck. you can see it because there are 22,000 pages of rules and regulations came out of it. not only affecting wall street but merchant processing fees which small businesses rely on. so for her to say that is completely disingenuous, so as you said earlier in the segment, listen, there is delicious buffet of bad behavior. coming from dodd-frank. david: they're trying to push the president's agenda through a fog of all these investigations. president trump hosting an infrastructure summit right now with gernors andayors at the white house. the president predict his infrastructure plan would quote, take off like a rocket ship. together we'll make america great again. scott, is it conceivable through all these investigations they could pass a infrastructure plan which will be very expensive, and really transform the fixture, the great roads and
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railways and bridges of the united states? that is a big order. >> it's a big order, david. as time goes by, you got to feel like a lot of this agenda is slipping away. you know, i think every day or every week we find out that even though the congress is so republican, right-denominated or at least demonstrated that on the elections, it is not working out in trump's favor. as these agendas keep getting put off, you have to wonder if things will get on track before gosh, 2018 which is really not that far away as far as midterms go. the sooner the better with things. the infrastructure plan to me is at major risk. david: scott, kevin, thank you very much. melissa. melissa: we want to go back to our top story right now. fireworks on capitol hill. former fbi director james comey testifying under oath for his first public testimony since being fired.g to the senate intel committee that he orchestrated the leak of a conversation that he had with president trump.
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>> i asked a friend of mine to share the content of the memo with a reporter. didn't do it myself for variety of reasons but i asked him to, because i thought that might prompt appointment of a special counsel. so i asked a close friend of mine to do it. melissa: i mean, wow. freedom caucus chairman, mark meadows, republin congressman from north carolina. transportation infrastructure committee member. i want to start what went on today. some people are saying it wasn't a leak because he said he deliberately wrote it in a way it wouldn't be classified information. so that he could share it. i guess it was just sneaky sharing of private information under false pretenses then? >> what about a confidential memo is confidential when you share it with the press? so i mean he be honest it was deliberate attempt to put a narrative out there that would come to director comey's defense. i find it not only deplorable, but certainly something not
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acceptable, because we heard testimony today from james comey that said, some of the things loretta lynch did, made him feel queasy. there were no private memos leaked there. it is interesting, all the things that were leaked, everything got leaked except for the fact that the president was not under investigation. so i say it is double standard, it is troubling. we have to get on to the agenda about making this america great and getting agenda through congress here. melissa: he mean that is a great point because people out in our audience, while, they may be watching this, they're shock, horrified by things, maybe bored by others since everything was leaked like you said about president trump, they're wonder about all the stuff you guys are supposed to be actually working on? talk to me about infrastructure. what will you get done? the truth is everybody up for election next time around going to get hammered if you don't get everything done, right? >> exactly. we were elected, we have very
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short window, next six month is our window not only get infrastructure done but get tax reform done, to get the that repatriation done, make sure we have budget, repeal and replacement of obamacare. we need to stay in through august, make sure we get that done. but incumbent upon us to perform, put something on the president's desk so he can sign it. he is ready. we need a ready, willing able partner in that. melissa: tell me what the truth is about this. for people at home, you see scandal and subterfuge, everything that is going on. at the same time, when we all individually as reporters talk to people either on camera or behind the scenes what is going on, they say you guys are locked up in chambers working on stuff, doing actual math, writing things, putting legislation together. are you close on things like you said? are you guys still working and do you think people will stay through august? at this point to naked eye looks like that will be necessary? >> i will be honest with you i
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doesn't think we stayed through august. i think we should. on tax reform, repeal and replacement on infrastructure, those those things got done by september of this year. when we're doing, that it is incumbent upon us to work around the clock to make things work. we're voting right now repealing of dodd-frank? melissa: that is a good one. >> we need to make sure it becomes law. >> what is the order that you think of those ones that you mentioned? we're hearing a little different order from different people. when you're looking at health care, looking at is it tax reform or tax cuts? then you're also talking infrastructure, give me an order, what's first? >> okay, health care happens i think in the next five weeks. tax reform with a heavier emphasis on tax cuts than reform just to be honest, happens in september 30th, maybe into october. but retroactive to this year. and simultaneously in september we work on infrastructure to make sure that we get that
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funded and moving forward. melissa: okay. congressman meadows, thanks for coming on. we'll hold you to that. >> that's a deal. melissa: we'll bring you back. thank you, sir. we appreciate your time. david: most important thing make it retroactive. melissa: he said that. david: doesn't matter how late in 2017 it is done, as long as retroactive for entire year so taxpayers out there get a discount beginning this taxable year. that is when it has to start. melissa: i'm getting nervous. david: remember iran-contra, you don't remember iran-contra, reagan administration, big scandal took place lasted for two years, during that time the investigator was looking at iran-contra we got 1986 tax reform program. it is possible to get significant legislative change on tax reduction during something like this. they had a special investigator during iran-contra. the thing was finally settled in 1987. but in that period from 85 to '87, they got the eight sy --
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'86 tax reform. melissa: i was in a pizza parlor and oliver north was on the screen. david: keeping america safe in the skies. how the u.s. plans to increase security standards at airports all over the world. plus the uk is heading to the polls today to vote for the country's next prime minister or keep the one they have. what this means for u.s.-british relations. we'll bring you a live update from london coming next. >> this is important because this election is not just about the next five years. it is about setting this country on the right course for generations. ♪ think again.
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>> i was concerned he would lie about the nature of our mighting. >> why didn't you say this is wrong, mr. president, i can not discuss this with you. >> i was so stunned. i've seen the tweet about tapes. lordy, i hope they're tapes. >> did you show copies of your memos? >> i asked a friend of mine to share the content of the memo with a reporter. david: here now to react, somebody whoealt with a lot of fbi reors inis time, james kallstrom, former fbi assistant director who joins us now. jim, first of all it is becoming a he he said, he said sort thin. james comey said the president lies. president said he lied about demanding loyalty statement. do you have a horse in this? do you trust one or the other? >> hi, david, how are you? david: fine. >> i thought comey really made a fool out of himself today.
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it is clear on a few facts. number one the president was not under investigation. david: right, absolutely. >> without question. number two, he was eager to see if any of his cohorts or, called them satellites were. he asked be notified of that. david: uh-huh. >> i mean this whole russia thing is basically a bunch of bs. who do i believe? i don't believe jim comey because here's the reason. this isn't political. this isn't about democrats and democrats and republicans. i have very opinion of both of them quite frankly. jim comey was not up to the task. when he got a note or phone call or conversation with the attorney general, to, to have this investigation of hillary clinton and, but you know, don't call it an investigation, call sitting else, and, by the way,
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don't impanel a grand jury either. on that day, i mean he should have seriously considered resigning, because you don't conduct major investigations by calling them something else. david: yeah. >> you don't conduct major investigations by not impaneling a grand jury. then you can not compel any testimony or he get search warrants or et cetera. even with the inability of doing that, you know he chose, music was playing, he chose to dance with the devil. and this investigation went on, sort of a shell investigation for months. but there was such a proliferation of evidence and about 10 federal felonies, even without a grand jury, you know, when he had that prosecution memo that he read of all the things that she did, you know, and then, the preposterous decision, and attorney general, the day before said i will go with whatever the fbi director says. so it as wall conspiracy.
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david: for those that might have missed that section of comey talking about loretta lynch, let's just play that, get your direct reaction to what was said. >> right. >> at one point the attorney general had directed me not to call it an investigation, but instead to call it a matter, which confused me and concerned me. david: now could that itself be considered obstruction of justice? always talking about the president obstructing justice here. we didn't hear evidence of that, or i don't think we did, but was that obstruction of justice what loretta lynch did? >> yes, that was obstruction of justice. it was obstruction of justice wh, wh president obama said publicly on numerous occasions there is no evidence to investigate hillary clinton. they have nothing. he said that numerous times. and was it obstruction of justice when the fbi was told not to investigate the irs? went out of their way to basically pounce on thousands of
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private american citizens for no reason whatsoever, other than politics. david: yeah. >> and was it, was it corruption when they decided, you know, not to prosecute the perjury cases from benghazi and other perjury on the irs? there was awful lot of that going around. david: jim, we're almost out of time. just got to ask you, another former fbi director mueller who is investigating you all of this aspects prosecutor. his investigation, who knows how long, some of these investigations have lasted years. he can go anywhere he wants. is he, do you think he will limit this investigation to all of the stuff we've been hearing, or might he go back to donald trump's history, 10, 15 years ago, if -- because we remember the whitewater investigation, nobody thought it would lead from an s&l which was originally being investigated to monica lewinsky? >> david, i don't know. i think the decision to appoint a special counsel was foolish
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and weak, and, bob mueller i know very well. he is an honorable person but the problem with bob mueller being involved, he has a 25 year close friendship with jim comey. i me what's that about? i mean that is a clear conflict of interest, if he goes there and looks at comey's activities while he was director. so i don't understand that part of it either. david: jim kallstrom, former fbi assistant director joining us. jim, thank you very much. appreciate it. melissa. melissa: keeping americans safe. the head of homeland security giving new details on a possible extension of ban on laptops as carry-ons aboard, sorry, international flights. secretary kelly telling the house committee could add 71 european airports to the current list of 10 in the middle east and africa. but nations can avoid this if they agree to improve security procedures. david: people will have to get used to bringing books on board planes. melissa: oh, no.
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there you go. david: less than an hour before polls close in the united kingdom. prime minister theresa may no longer a shoo-in to keep her job in the snap general election. we'll bring you the latest. melissa: accused nsa leaker in georgia federal court right now. she is expected to plead not guilty giving classified information to a website. not sure how that is possible. we'll take you live to augusta. ♪ [vo] when it comes to investing, looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that often reveals a better path forward. at wells fargo, it's our expertise in finding this kind of insight that has lead us to become one of the largest investment and wealth management firms in the country. discover how we can help find your unlock.
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david: the final hour of vote negotiates uk is underway. conservativeish prime minister theresa may scaring off with far left leader lead jeremy corbyn facing off. this is the most dramatic election british voters have ace faced in decades. the latest on the snap election from ashley webster. this guy is so far on the left. other labor leaders like tony blair were more moderate. reporter: one foot in moscow, david, you're absolutely right. we have 23 minutes to go before the polls close here. at that time an exit poll will be released at 10:00 p.m. it is an exit poll in the last two general elections has been pretty darn accurate. we're waiting to see what that shows. then the real results will start coming in here locally before midnight, sometime around 7:00 p.m. on the east coast. we'll get a sense where theresa may, jeremy corbyn, the
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opposition, stand. back in april when prime minister may called the election she believed she could get a supermajority in parliament and negotiating "brexit" with very strong mandate. today is today. that is long time in politics as we know and last week the polls suggested it would be a lot closer. we shall find out. they need 236 seats here in -- 326 seats here in parliament behind me to get that majority. we'll follow the votes. should be interesting, but will it be as close as the polls suggest? we'll see. if jeremy corbyn comes in first, you will see the markets react tomorrow very negatively. david: ashley webster. thank you very much. melissa. melissa: the house voting right now on the choice act, a bill that repeals some parts of the dodd-frank financial services law and bolsters community banks. it is expected to pass and move on to the senate. we will keep an eye on that one. david: that will help markets. melissa: that is what they're talking about.
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everybody is obsessed with comey hearing. whatever rest of america focused on real things. david: things are happening. this will help community banks a lot. the nsa hear something underway. what will happen to reality winner, the leaker of the classified information. details coming up. he fleeing from food stamps. hear why many are opting out of food stamps with president trump in office. we'll tell you about that coming up. ♪ i use what's already inside me to reach my goals. so i liked when my doctor told me i may reach my blood sugar and a1c goals by activating what's within me with once-weekly trulicity. trulicity is not insulin. it helps activate my body to do what it's supposed to do release its own insulin. trulicity responds when my blood sugar rises. i take it once a week, and it works 24/7. it comes in an easy-to-use pen
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david: we've been following this bill. the house passed the choice act. this bill takes back, repeals some parts of dodd-frank financial services law. it approved of this repeal of part of dodd-frank by 233-186. melissa. melissa: facing possible punishment, the court hearing is underway for reality winner, the government contractor accused of leaking top secret nsa documents
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to the media. fox news's jonathan serrie live outside the courthouse in augusta, georgia with the latest on this jonathan? reporter: hi, melissa. no cameras allowed in federal court. but the hearing is underway in the courthouse in augusta, georgia, where the court will decide reality winner must remain in jail until her trial or released on bond. that decision expected to come down minutes from now. a grand jury indicted winner on willful intention of transmitting national defense information. this charge carry as sentence up to 10 years in prison, $250,000 fine or both. investigators accused the government contractor printing out top secret documts sending them to an online news out let. over the weekend farri out a search warrant on winner's home in in a augusta. agents seized her passport, two electronic computers.
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handbook on iran and notebooks among other items. winner is air force veteran served active duty from 2010 until last december. her social media posts suggest she is fitness enthusiasts and donates to children's charities. some of her posts are political inature. critizing president trump from rolling back environmental policies. earlier this week fox news spoke to winner's parents. >> taking her out, she doesn't deserve anything more than what she should be getting i don't know. i want her to be treated fairly and be safe. >> stick around here? >> as long as we're needed here, we'll be here to support her. reporter: winner is expected to plead not guilty. her trial will be scheduled at a later date, melissa. melissa: we heard a lot of details there but talk to us about the original evidence that led to that arrest. reporter: yeah. according to court records what
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led investigators to this one young woman is when they discovered the leak, when they were presented a copy of the documents, a photo of the documents, they noticed that the documents had a crease in them. that let them know that this was not something that was sent electronically, at least not originally. it was actually printed out. it was in physical form. and so they went to the work place. they determined how many people printed this document. it was six employees. then they searched their computers. and only one of those computers, the one that winner had been using, showed any email correspondence with this online news outlet in question. melissa: very interesting. all right, jonathan, thank you for that. reporter: certainly. david: by the way, one of her messages she put online under pseudonym, she said, if we go to war with iran we will stand by iran or she will stand by iran. if somebody like that is leaking top seet iormation --
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melissa: how did she have clearance? this gs back to a contractor with clearance and access to things and -- david: she is siding with our enemies. we'll wait and see. innocent until proven guilty. there is a lot of evidence there. fearing deportation, fewer illegal immigrants in the u.s. are applying for food stamps because of deportation fears under president trump according to a new associated press report. undocumented aliens are not supposed to be eligible for food stamps but may apply for benefits for their children. interesting. melissa: so the polls close in 15 minutes. an election that could send shockwaves across the globe. what it means for you coming up next. ♪ we asked a group of young people when they thought they should start saving for retirement. then we asked some older people when they actually did start saving. this gap between when we should start saving and when we actually do is one of the reasons why too many of us aren't prepared for retirement.
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just start as early as you can. it's going to pay off in the future. if we all start saving a little more today, we'll all be better prepared tomorrow. prudential. bring your challenges. dearthere's no other way to say this. it's over. i've found a permanent escape from monotony. together, we are perfectly balanced. our senses awake. our hearts racing as one. i know this is sudden, but they say...if you love something t free. see you around, giulia
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david: we have tough breaking news. emergency crews responded to a wreck involving a bus in atlanta, fulton county. we don't have any signs of the injured, any numbers or perhaps fatalities but as you can see, a very serious bus accident outside of atlanta, georgia. melissa? melissa: green across the screen with the nasdaq ending at a brand new record high as markets await the outcome of tonight's big election across the pond. you can see there, that testimony from james comey not rattling the markets. david? david: speaking of that election across the pond we are in the final stretch of voting, polling stations closing nine minutes from now as britons finish casting votes in the country's general election. we have matthew elliot, ceo of vote leave. marshall aurback, levy economics institute fellow. matthew, go to you first.
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full disclosure, you and i had dinner in new york about a month ago when you thought theresa may would have overwhelming lead, over 100 seat majority. i think you have pared that back now, i would ask why? is it because of the terror attacks or what? >> so a month ago looked like theresa may would get a huge majority, definitely into the three figures, perhaps even more than that, but in the past months various things have happened. first one, jeremy corbyn had a much better campaign than expected. he is leader of the labour party. the conservative party have not hit through with their manifesto. i have pared that back. probably 50 to 75 majority. truth is nobody really knows. i was speaking to one of the best political betters in the uk predicted more than 100. i spoke to one best pollsters in the uk, he predicted 30. truth is nobody knows.
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david: when people here in america, in the united states, hear labour party, people think tony blair who was pretty moderate guy. he was prime minister when bill clinton was in office. saw eye-to-eye, both moderate guys. jeremy corbyn is a very different political animal. he ivery far te left compared to tony blair, is he not? >> compared to tony blair he is really not at all so-called modernizer. he is very much of the labour party of the 1970's. more akin in that respect. david: what would happen to markets in great britain and perhaps spill over here if he was to win? >> well i don't think the markets would take it well at all. manifesto he is not as radical as corbin himself i think markets take it very hard in the head if he were to unexpectedly win today. david: matthew, what about "brexit," we should mention, full disclosure, you were in favor of "brexit." theresa may originally was not. but then she conceded to the
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will of majority in favor of it, would that change at all as a result of a corbin win? >> i think it would, if jeremy corbyn would win, it would be under threat. most of his mps don't believe in "brexit." i think it would be a different type of "brexit." i am confident that theresa may will get back in with some majority. i will say at least 50. probably more than that. david: matthew, as a labour party, there is a fringe of the fringe going for corbin, if theresa may wins there will be rioting in the streets. people take that threat seriously. >> i think election time wil acce whatever the result is. the fact jeremy corbyn had a good campaign.
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he havened the position, than ed miliband who just got over 30%. people say jeremy corbyn will have 35% or more. i think he is pretty safe. david: marshall if theresa may wins handily, maybe not 100 seat close, do you think there will be a rebound in the markets as a result? >> i think there will be a moderate rebound. to be fair, most polls consistently indicate ad tory victory. the question as matthew implied the scope of the majority. i do think however if we have anything close to minority government status, possibility of a coalition between labour and the scottish national party, that would be extremely negative outcome as far as markets were concerned. again less likely outcome than what i think matthew is forecast ing but certainly not beyond the realm of possibility. david: okay. five minutes the polls close. of course we'll cover it here on fbn.
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matthew, marshall. thank you both. appreciate it. >> thanks for having me. melissa: everyone at the bar was watching twitter, waiting for president trump's reaction to james comey's testimony but they didn't get exactly what they wished for. >> the administration then chose to defame me, more importantly the fbi, by saying that the organization was in disarray. that it was poorly-led, that the workforce had lost confidence in its leader. those we lies, plain and simple. ♪
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: . >> thiis not really a big surprise, senator chuck schumer, slamming the trump administration following james comey's testimony, where the former fbi director said he's hoping president trump has tapes of their conversation. take a listen. >> it's awfully curious that no one from the president's team
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will either confirm or deny the existence of the tapes. >> that is shocking. >> yeah. >> we call that a dog bite man story. no surprise. >> and no free rounds at the bars. the commander in chief staying silent on twitter during the comey hearings but donald jr. had plenty to say. >> indeed, the president's oldest son tweeting in part -- not surprised to hear that either, it's kind of interesting that again there was some ambiguity or understanding comey said on his part in terms of what the president meant. his son said no ambiguity on this. >> thank goodness the president didn't tweet during that. we did not need tweeting. >> some people were hoping to get a drink. stay tuned to fbn for live
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coverage and analysis of the uk election. tune in for a special edition of lou dobbs, 7:00 p.m. eastern, going through to 9:00 p.m. i'm going to help neil cavuto take over with coverage from 9:00 to 11:00 or maybe midnight. >> we'll be watchi you liv my son loves watching. here's "risk & reward." >> the polls just closed in the uk general election. british prime minister theresa may called the snap election to get a mandate on britain leaving the european union, but the vote turned into a vote on terror. we're bringing you the latest breaking news on this critical vote. european markets closing mixed. the london ftse down today. fired fbi director comey dropping a bombshell on capitol hill admitting he created memos and leaked the memos to get a special prosecutor to look into president trump. u.s. markets seeing through the


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