>> having to defend bidenomics

and where america s you wouldn't want to do it either. it's pretty clear from the messaging coming out of this white house, nothing moved the needle towards more americans believing he's doing a good job. >> moving the united states to aggressively attack the houthis and the surrogates and then iran will get the message and back off. then hamas will cut a deal and release hostages and we move on to the next phase. >> some states reporting you guys are going to 12, 15, some cases $20 an hour and what does that do? that's going to price a lot of lower place workers out of job market. >> biden's workplace policy was essentially i'll do the opposite of what donald trump did. and the result was chaos.

ashley: it's wednesday, december in for stu today. take a look at markets. kind of essentially flat, not surprising. it's a holiday shortened week and the holiday markets overall and nasdaq 44% this career and s&p up 24% and dow up 13% and overall pretty nice returns. big tech names and power houses and meta up more than half a percent and microsoft, sorry, stu, amazon, and alphabet slightly lower.

10-year treasury yield down to 3.82% down another seven basis points today. less money into treasuries, more into equities but everything is a little quiet, which is to be expected. and washington examiner kaylee mcghee white joining me now. good to see you. joe biden far outpaces his predecessors in vacation days and there's a lot going on in the country and the middle east and everywhere. the optics, i don't think are very good. what say you. >> not at all. you're right, biden spent 40% of his presidency on vacation so far, whether that's at his delaware beach house, out in california, hawaii, now in the caribbean, where of course we would all love to be. here we are working because that is what you do.

manging an appeal to the public and it would be one thing if he was trying to campaign for reelection, which he claims to be doing and has not yet held a public campaign event. he's not doing any of these things and this raises additional questions about whether he actually wants this job or whether he's capable of doing it at all. ache i think his handlers are getting very nervous any time he gets near a microphone and these celebrity softball interviews and speaks volumes within itself; right? >> he actively avoids the press and general psaki admitted she tried to shield him from answering questions directly from reporters because she was so nervous about the optics of his answer and whether he'd gaffe and blunder his way through it. obviously he does. so again, we're seeing a return

to the basement from biden. he's campaigning for reelection, or so he claims, he's still the president for now, and yet he's hiding away in the white house, he's hiding in delaware, and now he's hiding down in st. croix. ashley: yeah, he's the leader of the free world. he's the leader of the most powerful country on earth, and his demeanor and the things that he does just is not, you know, project that. anyway, i want to move on because new york times op ed says this, a trump conviction could cost him enough voters to tip the election. that's their theory but, you know, it doesn't look that way because when you look at the polls, trump has a slight lead over biden. so the question i have for you, kkaylee, what do you think? would he fall short if there was an actual conviction or not? jowski that's the democrat's hope. it's fair to argue one of the principle purposes behind the indictments and the dozens of

charges against the former president is to bog down his campaign and to prevent him from campaigning, to prevent him from trying to win back the white house and eventually, you know, to disqualify him entirely. i would say there's a lot that we don't know moving into 2024 and i don't think any of us are ready for what's going o happen when trump does start making appearances in court when he's forced to defend himself against the trials and we don't know how that's going to affect voter sentiment. if the past few months are any indication the charges are against him and indictments against him have only served to force voters to rally behind him and they've had a rebound effect and instead of turning against the voter president, they see these as attacks against him and say we're going to stand behind him. ashley: right, i got 30 seconds, kaylee. iowa caucuses about three weeks away or thereabouts. how do you see that playing out? any winners in that scenario?

>> i think trump is expected to be the favorite but i think ron desantis has a lot at stake here, nikki haley has a lot at stake here. all three are hoping to come out on top, but trump is still in the lead. ashley: he is by a long way. fascinating, isn't it? kaylee, thank you again, great to talk to you. appreciate your input today. >> thank you. ashley: checking the markets and we've been talking about what a good year it's been actually for the markets and they're essentially flat today. let's bring in michael lansburg, welcome to the program, michael. what's your outlook for 2024? >> i think we're going to see a continuation in parts of the economy that have done pretty well. our favorite sectors have been ai, cybersecurity, and kind of the obesity drugs. i think they'll continue to do well and this market has to broaden out and can't have seven or eight stocks drive the performance and that's got to happen. i don't see rates coming down

till mid year, that's where we're at as well. ashley: some say march, but i think you could be right. happy to say you've brought stock picks along with us today. i want to begin with united health. why do you like this one? >> yeah, it was tough to find stock picks not up 100% this year. trying to find some that haven't rallied, unh has been a perpetual grower and great management and great leadership and earnings in the top line and bottom line and great dividend stories and that's going well going forward. ashley: very good. next one on the list, nextera energy. tell me about that. >> yeah, one of my favorites longer term. this is florida power and light so everybody wants to be out of new york and in florida. florida is a net winner when it comes to people moving in, and we like to call that not a prisoner swap.

up north utilities have hope when somebody moves in and spends a lot of money. florida we have new houses, new condos, new people moving in. great story there, demographically but they're in the solar business and clean energy business as well. ashley: interesting. and something we could all use per happen as bit more energy. you like monster beverage. >> it's not good for you and it's underslept but find a way to get the beverages and there's a distribution share with coca-cola and monster is anywhere in the free world you buy a drink to get caffeine and get you going. ashley: very good. michael, you brought your a game as always. thank you so much. appreciate your time and interesting picks. do appreciate it. >> my pleasure. ashley: all right. thank you. by the way, the new year will bring more money to nearly

10 million americans. why? well, 22 states are going to hike minimum wage next year and because of it, workers will get 6.95 billion in additional wages. how the administration is failing to adieses the crisis at our border. address the crisis at our border. watch this. >> brave men and women of border patrol down there ready, willing and able to enforce our laws and instead as you point out, they're being assigned tasks like passing out blankets and working astral agents to bring people into this country. ashley: travel agents. she's right and they'll bring you the congresswoman's full comments coming up.

ron desantis kicking off the 2024 campaign and promising candidate and considered a real contender to beat donald trump in the primaries and now as we say with the iowa caucus now just over two weeks away, one adviser reportedly says the campaign is in the make the patient comfortable stage, yikes. and this op ed reads, dear republicans, please impeach biden. it argues the drawn-out impeachment process will be the best thing for biden's reelection hopes. can ask allysia finley if she agrees, next. ♪

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>> donald trump is vowing to ramp up tariffs on china if he wins the election next year. trump is float a tariff on 10% on all goods and the president wants to see eye for eye terrific rihannas from other countries while his main focus was on china software and president biden leading by four points and all this despite ongoing legal troubles. "the wall street journal's" allysia finley joining me now. allysia, we know it's been well documented of legal issues that donald trump is facing and every time a new indictment came up,

his base rallied and ratings went up in the polls. i mean, how could all of this affect him next year in the election in there's those that say unless he gets convicted and even then perhaps he's going to be the gop candidate. >> we've seen this coming back coming in and trump bouncing in the polls and he gets a fundraising bounce and actually ron desantis had a much stronger chance in the polls last year, early last year before he started getting indicted. there was another bump happening near the colorado supreme court and donald trump was able to say he's been victimized and he's actually coming a f him but coming after you and it's a coated message and a lot of voters, not just the voters and republicans in general and what's happening is unfair and to be honest, undemocratic.

ashley: yeah, plays into the deep state argument, but the point being made is if he's actually convicted, then that tips the scales against him, would you agree with that or it's hard to tell in trump world. >> i think that's right. i think a lot of polls and several polls showing maybe 3 or 4% of people that say, well, if he's actually convicted, they won't vote for him. maybe thinking well, if he's in jail at that point, they won't vote for him. i have a hard time seeing the conviction and itself will tip the scales, but it's possible of course. ashley: i want to very quickly before i move on to the next topic here, i want to talk about iowa. make or break for ron desantis. i know that's crazy but he's put so much in store on iowa and traveling to all 90+ counties and if he doesn't perform that well and if haley comes out stronger, what kind of message

is that for ron desantis? >> i think a lot of donors are already telling him he should drop out and let the field consolidate around nikki haley and they're polling in iowa despite him putting all his marbles in the state and he's trailing her in new hampshire. i think there's a large fashion of both the donor base and again the what some people call the republican establishment and already putting pressure on him to pull out and let voters consolidate around the nontrump candidate, which i think at this point is nikki haley. ashley: he just fell flat on the national stage. >> well, i think one part is that he just cops off as inauthentic.

he's very cautious in the types of positions he takes and you've seen foreign policy and trying to suck up to the ashley: urging republicans to impeach president biden and the piece basically argues that any impeachment process will only help biden in 2024 and guarantee his reelection, at least that's the theory. what say you? >> depends what republicans come up with in this impeachment inquiry and one reason they did it is so they could appeal to more witnesses and make that position because they knew those would be challenged without a formal impeachment inquiry that

it may not stand up. here they don't have to demonstrate legislative purpose for subpoenaing witnesses or imposing people. i think they'll gather more information but i think it depends what they actually find and it actually rises to high crime and misdemeanor. more on several occasions and i think for joe biden, that'll be a difficult task, would you agree? >> his physical vigor is lacking and that's putting gentlyment i don't think it's a particularly informative debate. in fact i think both of the -- neither of them are very well steeped in policy.

i think it would be kind of a bit of a shouting match and i think would be biden and donald trump would come off more physically vigorous and fit for the office. ashley: well, it could happen. it will be interesting nevertheless and allysia, thank you so much for taking time to chat with us about politics. always a gad time. this headline from the new york times. it says what went wrong for ron desantis in 2023? begs the question how did desantis fall so far after such a promising start? we've talked a complete the catch this with allysia and the article goes onto say ryan tyson, mr. desantis' long time pollster and one of his closest advisers privately said to multiple people they're now at the point in the campaign where they need to make the patient comfortable, a phrase evoking hospice care. not good. mr. tyson denied he ever made those comments but there's a

number of troubling issues key desantis donors publicly pulled away from the florida governor and gop rivals climb in the polls while support sinks. now according to fox polling, back in february, his support among reps peaked at 12% and sits at a mere 4%. the iowa caucuses are two weeks away and pulls a you have a surprise win, that could reinvigorate his base. we'll see what happens. all right, taking a quick look at markets. essentially flat today heading towards the end of the year. just three trading days left. the dow slightly higher, but the s&p and nasdaq slightly lower. all right, coming up, china's xi is vowing to stop anyone from splitting choy that and taiwan in any way. member of the house select committee andy barr will respond to that. massive caravan making its way to the southern boarder and

could be 15 or more when it arrives. how law enforcement is preparing to deal with this influx, next. ♪ (adventurous music) ♪ ♪ ♪ be ready for any market with a liquid etf. get in and out with dia.

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ashley: parks are treading water a bit today. take a look at big tech name ifs we can very quickly. of course we ails keep an eye on stu's microsoft down a third of a percent and meta and amazon on the upside and alphabet and apple down 1%. take a look at price of oil. oil is also been essentially flat down # one cents at $74.77 a barrel a. look at bitcoin, bitcoin is been close to 43,000 and gone past. up 592 at $43,117 for bitcoin.

now this, boat loads of migrants dropped off in the chicago chicago supporter bushes over the weekend and kelly is there and, kelly, how are they han handling in latest surge of migrants in they keep oncoming reporter: ashley, they're using hotel rooms and state allotted $16 million set aside from the 2024 budget next year train, bus and plane. mayor brandon johnson said we need less chaos, more coordination and more federal funding to get 24 done. take a listen. >> we need more resources and i've asked for $15 billion for the entire country, i know i have congressional degenerous

here in illinois asking for $10 billion without significant chicago has been targeted and migrants are being housed between the city's 27 shelters and this ads about 4500 migrant kids in the chicago public school system. we're in the fulton neighborhood and the fulton market association says major brandon johnson's office in the which he willer behind he saying it's not in the migrant zone. ashley. ashley: from chicago and by the way that massive migrant caravans making its way through mexico on the u.s. border and

surging up to 15,000 migrants and a wave of humanity and river side county sheriff joining us now. sheriff, thank you for taking timeout. my first question to you is how does law enforcement prepare for something like this or can you? we've been beating the drums about this for years and it's coming to a head. thankful for us people like fox news and fox business news are reporting this. the problem though is the general public isn't seeing it. the local news isn't seeing it, and for california in is something major with hundreds of thousands of people coming into the state and it's not being reported but law enforcement still has to deal with the issues of human trafficking with

drug trafficking, california is a horrible, passed a horrible law years ago and making it a sanctuary state and can't cooperate with federal agencies coming to migration and u.s. immigration enforcement and everything is more difficult here. ashley: yeah, it's a crisis and not enough people recognize this and florida congresswoman laurel lee tearing into the handling of the border crisis. listen to this. >> we have brave men and women of border patrol down there ready, willing and able who want to enforce our laws and want to fight for our country and instead being assigned tasks like passing out blankets and being travel agents for those coming in into the country. quite a number of the people, some are even on the terror watch list, and they're getting spread out throughout america with the notices to appear that

many of them similarly ignore. ashley: sheriff, the congresswoman says joe biden tweeting border agents as travel agents. i mean to your point, they're just not allowed to do their actual job and secure the border, are they? >> no, absolutely not. men and women of border patrol, i love them and i'm very close with a lot of them, especially the administration here in california, they've not been allowed to do their job for years and what she says as sad as that sounds is factually 100% correct but the administration is lying telling us that border patrol has a handle on it and they're maintaining control and the fact is all they are is processing those people coming across and giving them legal documents to be here for ten years and then they'll fellatio show up to court hearing ands at the same time the bad people are bypassing the migrants coming

across and paying tons to the cartels for the terrorists and drugs into the country and our county. a as a sheriff in your jurisdiction, what's the biggest challenge caused by this? >> drugs and human trafficking and the crimes being perpetrated against people coming across the border by the cartel and the drugs. drugs coming into this country are at record historic all time highs with fentanyl as dangerous as it is and prevalent, there's nothing being done by the federal government to protect the residents of our country from this devastation of drug abuse and fentanyl and the danger us of dying from fentanyl. ashley: i hope shnikeys is hearing you, sheriff. uppish you the very best and stay safe. thank you for joining us today. >> thank you very much.

ashley: thank you. sheriff bianco down in river side county in la, southern california. coming up, taylor swift, well, she may be times person of the year but also apparently the biggest celebrity polluter. what? we're going to tell you how big of a carbon footprint the pop star had this year. the administration brought the strategic petroleum reserve to the lowest level since 1980s. now they're struggling to refill it. funny how that happens and a full report on their latest efforts next. ♪

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ashley: take a look at price of oil. it's at $74.30 right now, down $1.25. analysts warning about a death cross patent that appeared on the crude oil charts yesterday. it hasn't happened by the way since early 2020, the death cross, very ominous, isn't it, when the lines of the a 50 day moving average and 200 moving day average intersect while both are on a down trend. it's a bit won i can and some analysts try to dampen fears and say it's a fourth death cross since the 200 day average was moving up. though only slightly. there'll be a test on this and the phenomena is a worrying signal to some and proceeds a massive drop in demand. the so-called death cross. now this, the energy department is going to purchase three million barrels of oil for the

strategic reserve. jeff knock all over it. jeff, that's still nowhere near the amount the biden administration sold off, is it? reporter: that's a drop in the proverbial oil barrel. the obama administration drained about 200+ million barrels and now they put back about 13 so you dot math on that. take a look at they're 3 milliod price and well below the average of about $95 a barrel, which the crude was sold for when they drain it had "secure ago good deal. it's about getting the strategic reserve and december of 2009 was

at highest level ever, 206 million barrels and by the time president biden took office in january 2021, it was 638 million, still a lot of oil. now it's 352 million, the lowest it's been since the 1980s. those that watch the oil markets tell fox business, well, you got to be careful. listen. >> they've got to replenish because you don't -- the middle east has become a quagmire and could be awful globally and we have the luxury of being energy independent and that's one of the major, major underpinnings for our economy. reporter: and, ashley, it continues to be a major underpinning despite what some people criticize in terms of the biden energy policy. we are now producing more oil than any country in history of the world. 13.2 million-barrel as day according to the latest department of energy and the

folks that forecast the future say, i quote them now, "even assuming weaker oil prices in a slow down of new drilling, sufficient momentum to see nearly another million barrels of growth by 2024. you can't stop capitalism no matter how hard you try, ashley. ashley: pump, baby, pup p. that's what we're saying. jeff flock, the oil king. thank you, jeff. taylor swift named types person of the year and has another title, biggest celebrity co2 polluter of the year according to the daily mail. this will be her second year in a row getting the title. data that was tracked by the taylor swift jets account on instagram says that swift produced 138 tons of carbon emissions during his flights on her two private jet this is year. she has two.

show satared taking more flights to cast kansas city as he romae with travis kelce took off and she took more than double to offset her carbon travels. take that. breaking now, apple just won its bid. we talkened a this is correct earlier to pause the apple watch import ban. a problem with the patent dealing with the blood oxygen feature on the apple watches and they've managed to get a stay if you'd like on that ban. the stock itself not really reacting. apple down half a percent down at 191, $192 per share. so better news for apple there. take a look at dow 30 stocks if we can. just to get a sense of the

market. dow up 76 points and goldman sachs and honeywell audiotape up and disney one of the laggards and the dow et cetera up 75 points and more buying than selling is what we're saying on the dow. senate negotiators are resuming talks on the data committee i and want to get a deal done on border security. what an idea. they couldn't finish before the holiday recess but with the new migrant caravan on the way. will they finally get it together in chad pergram will bring us the very latest from capitol hill, next. ♪ they're waiting for you. hey, do you have a second? they're all expecting more. more efficiency. more benefits. more growth. when you realize you can give your people everything,

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ashley: congress is currently on holiday recess, but that doesn't mean the discussions on border security and foreign aid have completely stopped. chad pergram, the man who knows it all, he's the man informed on capitol hill. tell me, chad, where are we on a border deal? any closer? reporter: a long way away. bipartisan senate negotiators

will talk remotely today. big issues remain like asylum and parole. their questions about caps on migration and negotiations are tough and slow. >> we've needed comprehensive immigration reform for decades in this country, not just for a few years. there's so many people coming here with hope like many of our forefathers did, but they need to know the real circumstances when they get here. reporter: the talks resume as secretary of state antony blinken heads to mexico for talks about the border and republicans are skeptical of blinken's mission. >> this is a photo opportunistic for this administration and no intention of putting through the policies we need and simply having the laws we have on the books enforced and we are going through the house and hr2 and other measures trying to force this administration to have policies that would secure our border. reporter: both parties are split about a possible solution to the

border crisis and democrats are reluctant to support a package which curbs legal migration such as impose ago quota. some remembers are not confident the biden administration would enforce any border accord which could become law. the hispanic population here in the united states is supporting stuff like this and we don't. we leave in legal immigration not not illegal immigration. reporter: in short this, is not getting wrapped up any time soon. ashley. ashley: you made your point very well. chad, thank you so much. i appreciate that. congressman andy barr, republican from kentucky joining us now. congressman, to chad's point, it looks like a way off, can we get

a deal done on the board instruct her >> we need to get a deal done, but i agree with my colleague that this trip by secretary blinken and secretary of homeland security mayorkas, is really a photo op, it's not real. if they were serious about securing the border, why are they fighting republicans so hard on hr2 and refuse to reimplement trump policies like remain in mexico policies and get serious about real asylum reform and they don't want to do it. and the three years of biden administration and and this administration refuses to follow the homeland. ashley: i'm going to switch subjects for you and they're vowing to stop anyone from "splitting taiwan from china in any way.

says"the motherland must be reunified. do you see china invading taiwan during joe biden's presidency. >> there's a removal of deterrents and the projection on the weakness of china and cross trade invasion and wars in the middle east and europe because of weakness and because of official to project deterrence. we saw retreat in afghanistan and all this make the the possibility all the more likely. the weakness is when biden at apec promises to reduce the impact on china with the hope of

reciprocal cooperation that never seems to come and no response on spy balloon or material response to provocations in the south china sea and the militarization of reefs and islands like the second thomas shul in the exclusive economic zone of the allies, the philippines. we don't see deterrence in frequency conductive this administration and -- from this administration and approaching maximum win dough of danger and one thing i'm looking at is the fact that not only do you see ahead of this january 13th election in taiwan and increased temporal integration mo in operates by the people's liberation army and the air defense zone and shows that china is preparing for a blockade and fact they're militarizing the south china sea and i was there and witness it had with the u.s. navy in august, they're militarizing the islands in the south china sea

is clearly an effort to deny access to the united states in a cross trade invasion scenario. and the philippines is particularly vulnerable ally, it's only 440 nautical miles from taiwan. why does this matter? because an invasion of taiwan would put the global economy into a global depression. 90% of all semiconductors are made in taiwan and all of that freedom of navigation would be impaired in that first island chain. ashley: there is a lot at stake. there is no doubt. congressman, we're already out of time, but thank you for taking the time to talk with us today about some very important issues. thank you. >> thank you. ashley: by the way, it is now time -- thank you. it's time, you guessed it, for the wednesday trivia question, a very timely one: how many glasses of champagne will americans drink on new year's eve? 90 million, 150 million,

270 million, 360 million? i tend to think it might be the highest, i have idea. think about it. i'll have the answer right after the break. ♪ sofi is helping me get my money right to achieve my ambitions. with sofi checking and savings, .. (♪)

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ashley: before the break, we asked how many glasses of champagne will americans drink on new year's eve? i received a text from my wife that said are they considering sparkling wine as champagne? that will affect the numbers. good question. clearly thinking this through. what is it? 99? one hundred 50, two hundred sixty three? i went for the high number, 360. let's find out what it is. you have to believe me. 360. the average blood alcohol content is 0.95%. it makes it most drunken night of the year. happy new year. markets, the dow up 71 points. it is a holiday week. three trading days left. my time is up but coast-to-coast starts now. ahead on coast-to-coast.