Trump Targeting Regulation; Repealing Obamacare; Brutal Attack; White House Appointments; Confirmation Hearings, Trump Transition Latest;



White House Appointments; Confirmation Hearings, Trump Transition Latest;

Confirmation Roadblocks?; Rolling Back Regulations?; Facebook Live

Torture; December ADP, 153k Jobs, Election Hack Briefing, Self Driving Car

test - Part 1>

Duffy, Liz Claman, Glen DeVo, Tom Wilson, Kirsten Haglund, Lee Carter,

Peter Kiernan, Stuart Varney, Peter Berg >

Government; Obamacare; Crime >

DAGEN MCDOWELL, FBN ANCHOR: The presidential transition targeting regulations, President-elect Donald Trump revealing his plans to reverse some of President Obama's policies. And republicans also focusing on Obamacare, the battle ramping up on Capitol Hill as lawmakers get ball rolling on repealing the President's signature legislation. And a brutal attack streams live for the world to see. The suspects screaming racist anti-Trump remarks.


MCDOWELL: Those attackers in police custody. And Chicago's Police Chief addressing the brutality but not calling it a hate crime.

EDDIE JOHNSON, CHICAGO POLICE SUPERINTENDENT: It is sickening, it is sickening. You know, it makes you wonder what would make individuals treat somebody like that. You know, so I've been cop for 28 years and I have seen things that we shouldn't see, in a lot of times it is still amazes me how you still see things that you shouldn't.

MCDOWELL: The outrage coming up. Plus, the top paying jobs with the least amount of stress. You have you look at what -- you should be considering for your next gig. Markets taking a breather after two days of gains the Dow closing yesterday about 58 points away from that 20,000 mark. Futures trading near the flat line the S&P 500 is less than one point away from a new record close. In Europe, stocks are heading lower as the moment losses across the board although modest losses. In Asia, overnight markets were mixed. We have the Shanghai and Hang Seng both heading higher, the opposite in Japan, and South Korea. And the ultimate fail, Kylie Jenner's own calendar gets the birthday wrong. All of that and so much more coming up this morning. Conservative commentator, Kirsten Haglund, former Goldman Sachs partner Peter Kiernan and pollster Lee Carter. I'm just going to self-edit, not say anything about the Kardashians and their --


MCDOWELL: -- alleged intelligence. We have so much more intelligent conversation coming up this morning. Professor of strategy and the regular warfare at the institute of world politics, Dr. Sebastian Gorka, host of Varney & Company, Stuart Varney, and the director of Patriots Day and other films that I know you love like Lone Survivor about Marcus Latrell. Peter Burke, you don't want to miss him. Meantime, the top Trump team continues to take a shape as President-elect Trump adds a former apprentice to his team, Adam Shapiro is in front of Trump Tower with the latest. Hey, Adam.

ADAM SHAPIRO, FOX BUSINESS ANCHOR: Hey, Degan. And she's no apprentice. Omarosa Manigault is actually a professional, she was fired three times on The Apprentice program by Mr. Trump, but now she is leaving the transition team and she is going to be the leader of the public liaison office reaching out to the public for President-elect after he has sworn in. Now, she described what she's going to be doing last night on FOX News's Kelly File. Here's what she said.


OMAROSA MANIGAULT, AMERICAN REALITY GAME SHOW PERSONALITY: He wants to connect with Americans, he wants to hear what their issues are in their communities and we're going to fight for them. And so my role is to go into the communities and continue an extension of the work that I was doing already on the campaign and with the National Diversity Coalition.


SHAPIRO: And the question is, will she use both of her names or will we continue to address her as just Omarosa. She now has a position with the administration. Also coming up next week, we've been talking about all the nominees, the confirmation hearings will begin and it's a full slate. We're going to start on Tuesday, the senate judiciary committee will hold its -- or start its confirmation hearings on Jeff Sessions to become the attorney general, then there is Betsy DeVos on Wednesday, the education committee to determine whether she will become secretary of education. Elaine Chao, she's going to be up for confirmation hearings about transportation, and then General John Kelly, who is nominated to be the chief of homeland security and governmental affairs. You should know that democrats according to Chuck Schumer plan to target 8 of President-elect Trump's nominees that would include representative Mick Mulvaney who is nominated to head OMB. Then of course there's Tom Price who is been nominated to head Health And Human Services. Andrew Puzder over at labor and of course Steven Mnuchin at the treasury department. Back to you, Degan.

MCDOWELL: Adam, thank you so much for that report. Adam Shapiro outside of Trump Tower in New York City. Let's bring in Wisconsin Congressman Sean Duffy. Congressman, just your broad thoughts on the Trump transition.

SEAN DUFFY, WISCONSIN CONGRESSMAN: Dagen, I thought we're talking about Kardashians this morning. I misread the script. I think it's going to well, I mean, I look at team Mr. Trump has built out, I think they're effective, they're going to -- they're going to be very- well accomplished in their own personal lives whether in business or in the military. And so as they go through this confirmation process. We all know how the senate works, they like to have their day in the sunlight as they go through this process of confirmation, but in the end I think the quality and calibre of the people that Mr. Trump has picked, should be -- should be able to get through senate without much problem.

MCDOWELL: Do you worry in particular about his secretary of state nominee Rex Tillerson, as Donald Trump is kind of pushed back on the -- if you will, the Russian hacking of the DNC. There appears to be a divide between Donald Trump and say Senators John McCain and even Lindsey Graham. Does that create problems for Rex Tillerson's confirmation potentially?

DUFFY: Well, obviously, Mr. Tillerson is a very accomplished, he's very smart, very well spoken and I think he will be able to navigate those hearings very well, but as you noted he is going to have some problems with some republicans like Mr. McCain, but I think -- I mean, in the concern comes, you know what is Mr. Tillerson's ties through ExxonMobil to Russia and to Putin. Listen, he's looking out for his company. And the best interests of the company and Russia they have a lot of energy, so we had to do business with Russia and Russian interests. But I think Mr. Tillerson - - Mr. Tilleson is a great American and he will take that same zeal and effort and skillset and apply that for the American people and will serve us well and I think that will come through in the hearings.

MCDOWELL: So, I want to move on to this story. So I was in a full outrage mode about 4:45 this morning reading this editorial in the Wall Street Journal, you -- you're -- you want to talk about President Obama's final regulatory binge, his push and the republicans were naming primary targets and their drive to repeal these regulations, but in the last 36 working days between the election and December the 31st, there are 145 new regulations out in the White House, 31 of them is economically significant. That's 100-million-dollar or more economic impact, that is 22 billion dollars, in total, it has been record regulations coming out of the Obama White House. We're talking about maybe a trillion dollars in economic impact, how quickly can the republicans get on this and reverse some of this pain?

DUFFY: So, maybe take a step back, Dagen. We have Congressional Review Act which allows us to look back 60 legislative days. We're are going to start with oldest ones first because the clock is ticket on us. And we are going to come through those 60 days in deal with a lot of these very painful rules and regulations. But this is nothing different than what Barack Obama but this is nothing different than what Barack Obama has done for the last 8 years, he believes in big government. He thinks that agency and bureaucrats better know how to run the American economy than those who run their own businesses. Bureaucrats know how better to run our families as well they believe. So -- and I think that's what you're talking about the stock market earlier and how well it has gone since Mr. Trump's election that there is going to be someone who is a business owner in the White House, who understands the impact of rules and regulations and taxes, and is going to change the tone and tenor, will set American free enterprise system free again and let people invest and build and innovate. That's why I think we see this real hope and optimism reverberate into our economy, so we are going to take -- we do take it seriously. We're going to push back on the administration.

One last point, we have a bill called Raines Act that can prevent this in the future because these big rules that have such an impact on the economy, we think they should come back to congress for approval which means we and our people throughout America to have say in these regulations. They can come to their member of congress and the senator and say, this rule is horrible, vote against it. The way it works right now is, you know, Dagen, they don't have a voice because we don't have a vote. We want to change that, that's one of the first bills we're going take up in house to change the way this rule and regulations structure in Washington works.

MCDOWELL: Peter Kiernan.

PETER KIERNAN, FORMER GOLDMAN SACHS PARTNER: More than any president I can remember, what you're seeing is you a sprint to the finish here to sort -- and view all kinds of regulations is there closing minutes. Is there going to be a bungee cord snapback here or are you equal to the task to bring this stuff back into the range of sanity?

DUFFY: Oh, no, absolutely. We're going to bring in into their range of sanity. Again, this has been the overreach of Barack Obama like I said for eight years. And I think you have seen American people wholeheartedly reject this big government, big rule and regulation administration with election of Donald Trump. But not only that, look at, we've got the democrats in the house, in the senate, in governorships and assemblies and senates all over America because they failed in their economic leadership and their healthcare leadership, in their foreign policy, they want a new course forward and we're going to give them that and when you see our economy grow that has a real impact. I come from central and Northern Wisconsin and that is a real impact on families that I represent because they have more opportunity for better jobs and better paying jobs and that was -- that was key to this economy and to Trump's success.

MCDOWELL: And Congressman Duffy, that really goes to the root of what republicans intend to do with the replacement for Obamacare, it's about less federal control, more power to the states, and more individual power over their own healthcare, their doctor choice and their own insurance.

DUFFY: Dagen, god forbid that we think you know what is best for you and your family as opposed to the bureaucrats here in Washington. That's exactly what we're going to do. So what we're going to -- we're going to repeal Obamacare hopefully within first 30 days of this new administration, with an effective date in the future and the reason we do that is the policies for 2018 are already set. And those are under Obamacare structure, the ones for 2019 are being worked on right now. So it's -- there's some lag time as you -- as you change healthcare in America, we're going to get a system though that is going to inject competition, into healthcare, empower people make choices for themselves. We think that it will increase choices, decrease costs and it will be great for American family.

MCDOWELL: Sean, good to see you as always.

DUFFY: You too, Degan.

MCDOWELL: Congressman Sean Duffy, I saw your gorgeous wife last week on Outnumbered. That was pleasure as well. Thanks so much, Congressman Duffy. Ahead, whether you're stressed out about work or money, we have you covered, we're breaking down the highest paying least stressful jobs for 2017. And Kylie Jenner's calendar maker apparently not keeping up with Kardashians. The funny blunder on the reality star's 2017 new calendar.


MCDOWELL: Breaking news this morning. Four people now in custody in Chicago in connection with that racially charged anti-Trump attack broadcast live on Facebook, Cheryl Casone has details right now. Cheryl?

CHERYL CASONE; FOX BUSINESS NETWORK ANCHOR: That's right, Degan. And the disturbing and graphic video runs 30 minutes long and shows a white mentally challenged man tied up with mouth covered cowering in corner of a room. His attackers all African-American can be heard laughing and shouting anti-white and anti-Donald Trump messages as they beat burn and verbally berate this young man. Here's what Chicago police lieutenant had to say did not minced words. Listen to this.


JOHNSON: It's sickening, you know, it makes you wonder what would make individuals treat somebody like that, you know, so I've been a cop 28 years and I've seen things that you shouldn't see in a lifetime but it still amazes me how you still see things that you just shouldn't. So, I'm not going to say it shocked me but it was sickening.


CASONE: Well, Facebook is responding saying it doesn't allow users to celebrate or glorify crimes on the site and they removed the video for that reason. But before it was taken down it already viewed over 62000 times. We're going to be following this story throughout the day.

Well, once upon a time, a very-late-night walk around Buckingham palace nearly prove fatal for Britain's Queen Elizabeth. We have just now found out that a palace guard nearly shot her. It's according to a former guardsman. He told the story to the British newspaper at the time. Apparently the queen prone to late night strolls because she has problem sleeping, well he says he didn't know it was her and he started screaming and then, you know, he said, "Ma'am, I almost shot you," anyway but we do not know that. Also some other headlines this morning. The coast guard responding to a fire on an oil platform in the gulf of Mexico, this is happening about 80 miles south of Grand Isle, Louisiana, we're offering pictures for you, four people of where the platform have been rescued, no injuries reported, the coast guard says that no pollution has been spotted and the cause under investigation but we're going to try and get some live pictures for you.

Well, this is insider. Using a labor department database to find jobs that offer high pay, low stress. Here are some of them. An optometrist average salary 115,000 and change, so not very -- stress tolerant, 70, average annual salary 115, art director, the stress tolerance is 69, and you can make over 100,000. Orthodontist, stress tolerance, 67, the salary more than 220 grand, applications software developer, stress tolerant, 65 and again making over 100,000. Mathematicians, stress tolerance just 57, the salary over 110,000 and I should say for all economists we have on the show, that also was one of the top jobs on the list of low stress.

One of the story for you this morning, Kylie Jenner's new calendar is full of sexy hot pictures of a little girl but guess what, this calendar is getting a lot of attention because it made a mistake about her birthday. It has the date as August 20th but that's not her birthday. She was born August 10th. They're all on sale on their website on sale 22 dollars. As of now, we'll keep you posted. Yes.

MCDOWELL: That is a lot to see for 8:17 in the morning, Sheryl. Thanks for that.

CASONE: You're welcome, I try but I will tell you somebody is going to get fired.

MCDOWELL: Yes. Unless we'd have to listen to her talk. Thank you. Chery Casone. Breaking news though on the jobs front. The ADP report on private sector job creation. According to ADP, last month, the private sector added 153,000 jobs below expectations of 170,000. We don't have much change in the futures if any at this point, 19, 18-point loss on Dow futures right now, this is of course is ahead of the big jobs' report that comes out tomorrow morning, 178,000 jobs is what the expectation is for that report, 4.7% unemployment rate which would be up slightly. Peter Kiernan, what do you make of this?

KIERNAN: I really am not too worried this is a momentary blip and frankly, most of the things they're going to create jobs, they're only beginning to come in. We're going to face something we haven't had for a long time. A tight labor market, oh my gosh, what does that mean? It means the feds going to have to figure out quickly, they're behind the curve.

MCDOWELL: Uh-oh. Don't want that. Coming up. Results from Russian hacking probe, the fallout as intelligence officials prepare to brief president Obama and President-elect Trump on Russia's alleged election meddling. And paving the way for self-driving cars, how the auto industry is gearing up for autonomous vehicles.


MCDOWELL: President Obama set to be briefed on the alleged Russian hacking during the election, today, the next Commander in Chief, President-elect Donald Trump and Vice President-elect Pence will receive their own briefings from intelligence officials. Tomorrow the administration is taking aim at one another, over the alleged hack.

MIKE PENCE, VICE PRESIDENT-ELECT: I think that the President-elect has expressed his very sincere and healthy American scepticism given some of the intelligence failures of the recent years. President-elect made it clear to the American people that he is sceptical about conclusions. From the bureaucracy and I think the American people heard him allowed and clear.

JOSH EARNEST, WHITE HOUSE SPOKESMAN: The President-elect will have to determine who he's going to believe and the decision that he makes about I think will have long-term consequences for the way he chooses to govern --

MCDOWELL: The debate comes as intelligence officials are scheduled to testify about Russia and cyber security on Capitol Hill later today. Joining us right now is FOX counterterrorism strategist, Dr. Sebastian Gorka. What do you make of the divide that you see between the outgoing president and his administration and the incoming one?

SEBASTIAN GORKA, NATIONAL SECURITY PROFESSIONAL: I don't -- I'm not interested really Dagen in divide between two administrations. Like, one of them is a republican one or one of them is a democrat administration, so that's just natural. I am interested in divide between reality and spin, that's the real story here. So number one, there was no cyber-hack from Russia that is demonstrable linked to the Kremlin, a cyber-hack is when somebody goes into a system, steals proprietary information on national security secrets or damages the system. What we have is WikiLeaks releasing the real e-mails of John Podesta, okay, not falsified ones, real ones, when that man's password was the word password. That's not a hack, that's what a 10-year-old can do in three minutes. On the other hand, we have the official report that I have read, the unclassified FBI DHS report on two instances back in Spring of '14 and summer of `15 where the DNC was entered by somebody using code that's linked to either the Ukraine or Russia. That is not a smoking gun that could be somebody in the Ukraine, somebody in Russia, it could be somebody that's borrowing code used somewhere else, we need to get to the bottom of this but not talk about it as an election hack because that is not what happened, Dagen.

MCDOWELL: Right. But you do have Donald Trump tweeting and referencing Julian Assange, who is no is supporter of the United States, that's safe to say.

GARKO: Look, I am not fan of Mr. Assange, that is not an individual who is serving the American national interests absolutely. But the fact is, you know, when an -- piece of information gets out there, you can't deny it's veracity simply based upon the person who gained access to it. If it were the case then, you know, President Nixon would have served his full term deep throat wouldn't be relevant and there would have been no Washington Post story, so, you know, the source of the information doesn't necessarily negate the veracity of that information.

MCDOWELL: So, Dr. Gorka, one of my questions is -- I mean there is no question that cyber security is a threat to us and there's no question that Russia is playing in that. And I think that the democrats are making a mistake right now in making it just about the election. What do you think is broader issue on cyber security?

GARKO: Well, the broader issue is that we're having lunch eaten every day, by the cyber warriors and it's just not -- it's not about Russia, Russia is good at this but Russia is even better at propaganda in this information. You look RT television station, that's probably more dangerous than any cyber-hack in terms of distorting reality. The real threat from cyber in my opinion is China, I mean, China has literally tens of thousands of people in uniform working for Chinese army as cyber warriors and every day, they are attacking us literally tens of thousands of times every hour, so cyber is a key issue and if you look at who the president is choosing, President-elect Trump is choosing for his national security council they understand this very, very clearly.

KIERNAN: Dr. Garko, I want a quick question, you have intelligence defence and the political activity and the business side all having been kind of up uncoordinated going after terror, what would be your message to Trump now to really go after and face this squarely?

GARKO: Very simply just the conclusion of my book defeating Jihad. Number one, was get political correctness out of threat assessment. We've had eight years of distortion and censorships, 60 (INAUDIBLE) analysts complaining about the ISIS analyst, was being scented by the White House. That's got to stop. I think we can expect that with President Trump. Second, we have to empower up Sunni allies, this isn't a war that we should be front line of, or it shouldn't be white skinned or black skinned Americans that are fighting this war in the Middle East. It should be the Egyptians, the Jordanians, the Sunnis of the region, and then lastly, this really goes back cyber world, to social media as well. Killing terrorist is not the ultimate metric of success, you know, body bags didn't work as the metric in Vietnam, it's not too smart today. Killing terrorists is part of the solution. The ultimate victory comes when the concept of Jihad is no longer sexy, so we have to have a large scale counterpropaganda campaign to delegitimize the ideology of Jihad, just as President Reagan delegitimized the ideology of communism. Those thee things together and we've won this war.

MCDOWELL: Dr. Gorka, always great to see you. Thank you so much, sir, for being here.

GORKA: Happy New Year. Thank you.

MCDOWELL: Happy New Year, Dr. Sebastian Gorka. Coming up, honouring the heroes of the Boston marathon bombing. How the team behind Patriots Day, the upcoming film brought this incredible story to life. And more companies taking a gamble on self-driving technology at this year's Consumer Electrons Show in Vegas, we will take an autonomous car for a spin in Sim City.


DAGEN MCDOWELL, MORNINGS WITH MARIA HOST: Welcome back. I'm Dagen McDowell. It's Thursday, January 5th. Your top stories at 8:31 AM Eastern Time, the transition of power continuing in D.C., as the Obama administration enters its final days, President-elect Trump cabinet picks prepare to get grilled on Capitol Hill, Vice President-elect Mike Pence reiterating the new administration commitment to making America great again.


MIKE PENCE, VICE PRESIDENT-ELECT OF THE UNITED STATES: We are 16 days away from the end of business as usual in Washington, D.C. Today our message is very simple, working with the leadership here in the house and in the senate. We're going to be in the promise keeping business.


MCDOWELL: The latest on America's new leadership ahead. The technology world descending on Sin City, from self-driving cars to wallpaper thin television sets, we've got the top gadgets from this year CES. A stumble on the runway, what investors need to know as Victoria's Secret parent company L Brands lowers in quarterly guidance.

Turning to the broader markets, stocks taking a breather after two days of gains, 15-point loss on the Dow futures, the Dow is 58 points away from that 20,000 close. And we have a slightly disappointing report from ADP on private sector job creation, that's not moving markets much. In Hollywood taking on one of America's defining moments, director Peter Berg joins us to talk about his latest film, Patriots Day, which tells the story of the attack during the Boston Marathon, which led to one of the most incredible manhunts our nation has ever seen. The 50th Consumer Electronics Show getting underway and Liz Claman is there live in Las Vegas with a look at the top trend this year. Good morning, Liz.

LIZ CLAMAN, FOX BUSINESS NETWORK: Viva Las Vegas, Dagen. I'm on Debbie Reynolds Drive, how appropriate is that? And guess what, the biggest trend that everybody is talking about when it comes to this, autonomous vehicles. I'm going to show you something first of Fox Business, this is the Delphi Audi SCQ, and here we go. Let's take a ride. This is the most complex automated drive ever publicly demonstrated. It's happening right here on the Fox Business Network. I want to introduce you to Glen DeVos of Delphi. He's over there. This is our safety driver. We're off, no hands, mom. Glen, tell us about this drive, why is it the most complex being demo?

GLEN DEVO, DELPHI: Well, it's a 6.3 mile drive that involves city streets, as well as tunnels, highway driving, and all the complex intersection, and all the unique things that Las Vegas can throw at you.

CLAMAN: OK. We're kicking in to autonomous vehicle status right now. Tell us what's happening? And, by the way, I'm nervous. I am. I'm being very serious.

DEVO: No need to be nervous, the car can control everything. It uses 25 different sensors, radars, cameras, (INAUDIBLE) to see the world around it. It plans out the path. It feels like natural drive.

CLAMAN: We're passing the wind and the on core right now. And we're turning into a curve. And why is this complex? Because we are going to enter a tunnel, it is not just what you've seen in the past you guys, where you see a highway, right? This is something different. There are other cars around. There are pedestrians. What else can this sensor see?

DEVO: Well, it could see the whole world around it basically.


MCDOWELL: Yes, the car works, but we lost signal. But I want to thank Liz Claman for that. Liz is going to have so much more from CES as the day moves on. Innovation in the insurance industry, the nation's largest publicly held personal and casualty insurer, Allstate, is also at the Consumer Electronics Show in Las Vegas this week. Let's bring in Allstate CEO Tom Wilson. Tom, it seems like an odd fit, why the heck are you at CES?