tv Kudlow FOX Business January 25, 2024 5:00am-6:00am EST
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- ben franklin is an unlikely revolutionary. a sickly, 70-year-old man who spends most of his life maintaining loyalty to britain. though he doesn't lead troops into battle like george washington, franklin gives the revolution his greatest invention, the american dream. he proves that with hard work, most can improve their standing in life. the hardest work of george washington's life will be turning his army into a force that will defeat the british. once he does, he and his fellow patriots will form a new nation where most everyone has an equal opportunity to achieve their own american dream. (dramatic music) larry: hello, folks. welcome to kudlow, i'm l arry kudlow.
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all right president trump huge win in new hampshire last night, he is looking unstoppable. the thought that nikki haley can't come to terms with. we have joe concha, mark simone and breitbart's on set. talk about the whole story. then wall street erda, dan clifton will tell us the trump stocks and art laffer and i will i ca i i can be . >> in the show illegal highinmigrant getting on airplanes and everything el without an i.d., we talk with steve hilton.
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a few thoughts first. the reality is president donald trump had a huge victory last night in new hampshire in a vote stacked by democrats and liberal independents, mr. trump garnered 54%, and defeated second praisecond place haley by 11 percentage points and he won highest number of votes anyone has won in a new hampshire pry player. republican or democrat. and he scent the iowa caucus -- swept iowa caucus. and very rare anyone taking both iowa and new hampshire in presidential race. now trump knows he must unify the g.o.p. in fact, he has pulled in candidates like vivek ramaswamy, and senator tim scott, governor ron desantis and doug burgum, they barnstormed with him in
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new hampshire, but nikki haley is till in the race, despite her big time losses, okay. fine. that is her choice. she will get clobbered in south carolina. her home state, i respect her decision to keep running. however. her performance last night will not do her any good. she rushed to the microphone early during the vote count and then gave a speech that actually suggested she was the winner. that was nonsense. she lost by 11 points, trump got 54% of the vote, she had 43% that is a defeat. that was her message? she wants trump to take a mental competency test. >> really, she has no other narrative other than cheap shots at trump? and president trump who is accustomed had this to say. >> i felt i should do this
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because, i find in life you can't let people get away with [bleep] okay. you can't. you can't do that i said what is she doing work we won. she did the same thing, last week. larry: of course, he is a major league fighter. and i think he would probably prefer to be more gracious as he was with he welcomed desantis and vivek and tim scott into the fold, but he because not like phonies or cheap shots, i think that is all nikki haley has, that is her narrative, mr. trump in his fighting mood did a great job raft night, punching out president biden. >> they must hate our country. because there is no other reason that they can be doing the things they do. take a look. the taxes they want to raise your taxes times 4. they want to let the trump tax cuts biggest tax cuts in
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riva history, they want them to expire, your taxes will go threw the roof, and regulations, yo you can't breathe with what doing. >> former president's strength, cutting taxes keeping dollar and digging for liquid gold. number one issue in new hampshire just like iowa, is the illegal immigration problem comes from the southern border, but also from the northern border as well. you can see that 41%, even more than the economy, and according to fox news voter analysis, among republican voters in new hampshire who say immigration of top issue, 73% vote for trump, haley hardly ever mentions the open border or tax cuts or deregulation or never
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mentions opening spac spigot for fossil fuels, she is running a negative campaign against mr. trump and it will fail, mr. trump will focus on joe biden, big tent embrace that says successful policies on the economy. and the border, and foreign affairs, will unify the entire country. already, his issues oriented campaign afrac attract the record supports among groups like hispanics, african-american and asian-americans, as for haley, before polls closed mr. trump said, she can do whatever she wants. it doesn't matter. >> that a boy. spot on. that is my riff, for more. let us bring in mark simone and great joe concha.
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and fox news contributor, and making her debut. emma jomorris. we'll start with you. what happened last night? what happened last night, to nikki haley? what happened to donald trump? read me your take, please. >> sure, you know nikki haley he called her bi bird brain, i love, that not able to put her arms around what is going on, she has mass donors. you can linked in founder, that is why you said, she cannot talk about open borders. that is not the issues that her spring pullers want to talk about, she lives in a didelusion she has a chance. and you know, today of
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charlie gasperino said that donors are looking at her more closely and reconsidering some of that, reid hoffman, linked in founder, he is out. we'll see how long to the last, i don't know that she sticks into south carolina. larry: interesting point. the thing about politicians, i love. i have to give credit to roman doravi who said it on the show. politicians say no until they say yes. that say good point. mark simone, did donald trump win last night? or were there any glitches? or wase there too harsh in his open speech, he changed because nikki haley got under his skin a little bit. >> he was fine, she really made a mess out of this this
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is one states she had a huge advantage, 70% of her votes were nonrepublicans, she had the consolidation she said she needed. it was all her, she is terrible at reading the room, all week talking about being a brown girl growing up, it not an issue in new hampshire. one place where it is not. she went after trump for being too big a spender, she spent 30 million in new hampshire. >> didn't she spend the biggest. lesley. >> a record. larry: she said trump is not mentally fit, i think that is joe biden, she is mixing it up. is she that got under his skin. >> she better pray may down do iq tests, trump would win that too by double digits. she has' role to play, wasting as much donor money as possible, let her do that for a couple of weeks. if she south before march 3 this is longest general election, i don't know what we'll do for all these
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months. larry: talk about. i'll tuc talk about the stock market, we'll be a business show for a change, joe concha how did trump do last night? >> i look at numbers, take the noise and opinions out. no candidate has won both iowa and new hampshire since 1976, that isal mist almost 50. larry: it carter. >> ford. larry: ford took both, i am impressed. >> a football player. trump beating nikki haley by 32 points i in desantis by 30 in iowa, i look at other cable news network saying it was not a good night for trump, like criticizing secretary yea. trump vanquished ron desantis he dropped out after iowa, he had a good night. that he wins by double digit in new hampshire, you have hear how it was a great night are in mikhai nikki
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haley anyone here can show me one state she could win, you would think that is south carolina. she doesn't have endorsement of the governor there, mr. tim scott or lindsey graham or congress people. if she is down by 40 points there like polls show, you tell me what the path is. there is no path. other networks and other publications seem to be propping her up, maybe they want the clicks and ratings to continue. larry: old friend of mine, prominent member of congress, himself a presidential candidate. high called high yesterday afternoon, he is not a big trump, not a never-trumper but not a big supporter, we were talking he said, nikki haley's narrative is simply to beat up bash trump that assault she has. not about issues, that is
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why you will lose. people are concerned, let put up on the chart. we have a couple things -- excuse me. right back. people who trump strengths, we run, that no college degrees 64%. conservative 81%. rural caucus-goers 57. the base of the base, here is an up richardi interesting, one total change in how u.s. is run, i call this drain the swamp. and i think that is subtle, under ground issue that hi resonates. total change, trump way, and haley 15. -- one more financial situation, getting ahead 14%, holding steady, not getting anywhere, treading water, and falling behind 27%. this is still, i don't care now the gdp was last quarter
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this is stale t still a problem. this could be my favorite one. u.s.-mexican border wall. look at 61% favor, somewhat 18, that is 79%. 5 or favor a wall, you never hear haley talk about a wall. emma jo, i would say gives a good read on trump, and it shows how well trump is doing. >> first. the thing that is most salient is that it is -- spells death of the anti-trump movement. it is over. it sophie, look over, look at those numbers. aside -- that said, joe is right, the numbers show, this every poll. larry: you called him a
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jiepious. genius. >> what i said, just she has no path it is over. she is just hitting the brakes, pumping brakes on proper consolidation around trump and gearing fire toward joe biden, she is the best campaign surrogate for joe biden. larry: mark, how is joe biden. he did win write in vote, he had 60%. >> 62. larry: and guy from minnesota, steve philips had 18. >> the former mets gm, dan phillips. larry: i have to take a mental competency test. how on joe biden. >> a disaster, jimmy carter is only real fan he has, he took title away of worst president, he is a disaster, he is handing don th
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donald trump this election by throwing border wide open. the worst disaster ever for democrats. >> biden still will not make a deal to close the border. you mentioned jimmy carter, at the prosperity caucus dinner last night, or a couple nights ago, liz peek said jimmy carter can run rings around joe biden. >> the donors throw a victory party, no matter how many times she loses, don't be surprised if she goes are ifor the no labels ticket. larry: really. >> she will wreck her political career. >> pretty much all the way there now. i don't think she has much of a future in politics. larry: joe, trump's speech in iowa was more gracious,
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gentler, welcoming open, really people said it was a new trump. unifying the g.o.p. trying to unify the country. through good policies, successful policies. done hedfnght hedidn't hear it last night, he was annoyed with nikki haley, is unity idea something that he should continue? do you think? it will-him? >> no. not really. i i don't think that people crave cu unity at-this-point. i hate to say, he has to stick to 4 basic issues. inflation is huge, border is huge, and crime in american cities driving peep o people out that is huge. and foreign policy, houthis are still using our ships for target practices in the
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red sea, and world seem its was on fire it was more stable when trump was here, he drives that home that is how you win. i think for nikki haley, she will still endorse trump when she dropped out. larry: emma jo. last night, trump was punching out haley, and punching out biden. i have to tell you, i kind of liked it. [ laughter ] >> me too. larry: i don't want to be a nice by guy. >> you turn on legacy video, they are clutching their pearls and they are appalled. because, they are the leaders of unity here. of course,. but -- >> unity. >> i'm joking. he is hil hil hilarious. >> drain the swamp, close the border, sense the illegals home, i want him to be unity, but not 100%.
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you know what i mean, i was trump to be trump. >> compared to biden, he has unity he is dale carnegie. >> because biden is mean and nasty. >> no body has been so divisive, most ungracious speeches ever were biden. larry: terrific stuff. trump is in tact. >> yes. >> yes. >> g.o.p. nominee. >> preside preside presumptive. >> first person to win new hampshire 3 times. >> emma jo more it fr morris probreitbart. >> we're a business show. we're a business show, we have dan clifton to tell us what the trump stocks will be. >> then my pal art laffer, he will i ca talk about
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that. you can get us ough at 4 on fox business. you will never miss a trump punch out that we love. i'm kudlow, we'll be right back. meet the jennifers. each planning their future through the chase mobile app. hellooo new apartment. one bank for now. for later. for life. chase. make more of what's yours. there are some things that work better together. like your workplace benefits and retirement savings. voya helps you choose the right amounts without over or under investing.
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larry: president biden gets uaw 's endorsement today. not a big surprise. our own edward lawrence is live at the white house with all of it, edward good afternoon. reporter: good afternoon, president accepting that endorsement here in washington d.c., president biden says he is most pro-union president, then today he made claims about jobs related to former president. >> i'm tired about jobs going overseas, having product shipped -- look. during the trump administration a lot of administration before that, corporate america found the cheapest labor in world, they sense the jobs to those labors, and product back to us. but not any more. reporter: the fact is that president's force transition to look means union auto workers could lose jobs,
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electric cars take 40% fewer workers to make, and president ceo of job creator network say the in a statement, union members are recognizing that biden's carefully honed union rhetoric is at odds with his green energy agenda that threatened their paycheck. that is the issue, union bosses may endorse buts rank and file may not follow in voting booth because of the policies. >> people are not enthusiastic about joe biden. and the other pieces that clear contrast in past we were talking theoretically about what progressives would do if they were in charge, now we had 3 years of this, and contrast with how people's lives were under trump, and how they are now, could not be more clear.. reporter: so, the teamsters have not yet endorsed, a week from today former president trump will meet with that union. >> president biden has done great work on behalf of the unions, he has done well fixing the pensions, at the
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end of the day, what we've done in the past does not guarantee the future, we have a diverse maybe. our members vote. reporter: both presidents courts that union vote. larry: thank you, i want to say this charge that trump promoted workers going overseas, that is a flat out lie. platout lie, we first put trade restriction and our tac tax policy encouraged companies to come back home. third, we had a boom in real wages, just saying, they are actual factoids, edward lawrence thank you. let's look now, this is interesting stock market take. there is trump stocks, and there are biden stocks. according to our great friend dan clifton, the washington head policy and we have art laffer former
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reagan economist presidential medal of freedom recipient. so idea here is dan clifton welcome back. you have some great stocks. >> great to be here. larry: great 6s sectors and art will i can be abo kibbitz about them, leung at trulooking at trump basket of stocks immigration and fossil fuel and energy. improved under trump, stronger defense spending and financials, i think you are saying less regulation, walk through briefly what some of these are. >> first thank you very having me back, an exciting election, president is making it clear he will get u.s. border under control. you know, he could do that by executive order on first day. there will be companies that will have a change in the
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tr trajectory of their earnings with greater border enforcement. that is equipment that border patrol agents are equipped work motorola and prisons. making sure people are not going to interior. from immigration enforcement it is immediate, second on energy. less about production, we're producing a lot of oil right now, trump will drill, but we need to figure out how we'll distribute that, pipelines will be a key part and all of the above approach, more coal more natural gas, and those will be winners on energy front. >> hang on -- i want to take the first two, arthur i ca kibbitz on that, immigration enforcement and energy, drildrill, baby, drill. >> they are two areas they
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will be favored by trump, i think larry, looking at whole package, you will see a very strong bull market under trump, it may not start the day he is elected but once you get the policies back in place, where tax cuts and pro growth it will be a reagan-like and kennedy-like stock market really strong, only a few industries will fall back. it will be overall strag, and denim su -- dan i am sure is correct on stocks, i will look at whole market and say wow. a perfect time to be fully invested. larry: dan, let's speculate. tridrill, baby, drill he can do that through executive order. and immigration as well. but building that wall, he will fight for that. taxes is one that worries me. because if the house goes democrat, or senate stays
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democrat, they will obstruct and you know good tax cuts or tax reform or extending the trump tax cuts. >> absolutely, we have a couple catalysts next year, president will walk into. that is one that debt ceiling has to be raised in middle of year and all of tax cut on individuals expiring, if you have government control by republicans like they that many of those tax cuts will be extended. particularly estate tax, and top marginal tax rate, if democrats win they will try to raise taxes on corporation to fund middle class tax cuts and take away top income tax rate, and use that to finance those tax cuts. who is in congress matters, what is interesting to art's point, market is already figuring out that republicans are probably having control of senate with joe manchin a seat coming up, i have a 50/50 senate that would limit down
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side of a more proes from of govern progressive government moving forward. -- there is a pig challenge bigging which in the ho challenge in the house. >> art laffer, last 30 seconds. right now, how do do you look at stock market between now and the election? >> i am buying just as you can -- buying into stock market. in aggregate the stocks that i believe will be bull market, high cat, they will do well. they will be ones that do really well here as well. and i think we have a period of prosperity, but buying in on a schedule basis to increase my portfolio, by the time trump wins i will
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be fully invested. larry: art laffer and dan clifton thank you. >> everyone bombing everyone else in middle east, terrible. it looks like united states is clueless, we'll talk about it with kash patel and general keith kellogg, steve hilton is ahead, stick wit managing your diabetes just got easier. the powerful, new dexcom g7 lets you see your numbers on your watch and phone without fingersticks. and, because you always know which way your glucose is headed, you can make better diabetes decisions. and all those little decisions can lead to big results, like more time in range and lower a1c. manage your diabetes with confidence with dexcom g7. the most accurate cgm. learn more at dexcom.com.
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larry: welcome back. let's check in with latest in fani willis fiasco in georgia, steve harrigan with the latest. reporter: good afternoon. another hearing tomorrow, this time about meetings between white house and prosecutors here, we'll have defense attorneys want to know what went on in the meets between two sides. anger among georgians continues to grow.
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>> i'm disgusts at information that coming out of district attorney office as a tax payers. i am done with most of your silence at da's love affair with the special prosecutor and gross mismanagement of taxpayer dollar in what appears to be a frivolous lawsuit based off partisan politics. >> chief prosecutor wade will be in court next week for his divorce proceedings, likely to be asked quite a bit about his weap a relationship with his, d.a. fani willis. larry: all right. thank you, steve. >> turning to foreign policy. you know it looks to me, i'm a naive way t guy, but it looks to me that middle east everyone is bombing everyone else, under joe biden's watch, i don't know if he weres what to do about -- if he knows what to do about it joining us new general keith
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kellogg and kash patel. kash, we were talking last weekend, everyone is bombing everyone else, does not seem to bother people, but it bothers me, iran and bombing pakistan and pakistan is bombing iran, and houthis bombingu u.s., and iran is bombing iraq and israel hamas war continues, it weird, we have sound i guess, that biden administration acknowledges this but they don't do anything about it. >> it is great to be with you, you are right, general may agree. when you have so many people being bombed, you have innocent civilian lives lost at expense of hands of
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terrorist, that is being funny by joe biden who -- being funded by joe biden who gave arraign 6 million dollars. they are dictating to us, what to do on national stage. and everyone like pakistan and iran are bombing each other and we're losing innocent civilians and children, where are they getting the armaments the munitions, they are getting it from -- and namely the number one state sponsor of terror iran, because joe biden treats them not hike li. >> to general kellogg, you know, john kirby and bidens as think that iran is culprit. but they don't do anything about dthey avoid iran, to me the war is escalating of
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day because of this. >> yes, thank you, layer egood to be with you and kash, this administration is normalized everything that is happening in the middle east, it is okay to attack u.s. facilities in personnel in middle east, it is okay for the houthis to attack u.s. shipping in the red sea. it is okay for allies like italy and spain and france not to join prosperity guardian protect shipping the red sea, they have gone their own way, it okay for china to broker a tea deal between iran and saudi arabia this is the whole problem, they ignored it and walked past the graveyard, the problem, they will have to come up with a solution, comprehensive plan to address the middle east and as kash patel said, they have to figure out how to handle it with iran, iran is the state sponsor, of terrorism, we know it,
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administration does not want to recognize it, they just but the administration doesn't want to recognize it. here's what they just did with the yemen and houthis.o, we declared the houthis to be a foreign terrorist organization. that's the top tier. what did this administration do, the other day they designated them as an sd gt especially designated terrorist group, thaa is a step under an fto almostdo like they're pullingin their punches but that's what they're doing and until they come up with a company has a plan on hou to address iran and the conflict in the region.e you will keep seeing this. here's the biggest concern i've got. it could be one big mistake. if they attacked the u.s. ship or kill american servicemen, r then they have a problemig, whaa are we going to do? larry: that's exactl wy right. i larry: i'm going to give you the last word on this. i believe the biden group still
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thinks they can make a nuclearow deal with iran and iran will come to their senses and be integrated in the middle east. the dumb idea started with obama, runs right through the biden administration with the same people rather the foreign policy. i think that is their view. >> you are absolutely right. we in the donald trump administration is correct we view terrorist as to get. when you move theye sanction and the authority of the united states they get arms and vomits into u.s. navy sailors are dead of the red sea because your secretary defense from the bedside table. that's how you defend the nation. on top of that you have to take out the number one enemy of the world which is iran and what does joe biden do he tells his defense department to tell thesp world the houthis can decide when they stop the bombing. the terrorist gets to decide when the war stops not theu mo united states. larry: we will see you more on
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this topic. it's not going away. kash patel and general keith kellogg. house republicans have released the transcript witinh hunter bin sugar brother called kevin morris. david spunt live from the justice department with all th details. good afternoon david, what cansh you tell us. e withacted in good to b you, kevin morris, huntere biden's friend since 2019 admitted to holding a 10in% stae in the chinese equity firm called bhr, morris met with republicans and democrats last week and answered questions for six hours voluntarily behind closed doors. he acquired the shares would bhs after purchasing another company hunter body was involved in but got out of when press several times he said he would answer because it's attorney-client privilege but came bacodk and sd it was a good investment. according to the transcript from
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the interview last week. morris loaned the president's son more than $4 million. they met only in 2019 bu019, t since become close friends. a large chunk of the money went to hunter's taxes. kevin morris quoted was saying with respect to the lungs i'mat confident that hunter will repay. e any not and do notio hav expectation of receiving anything from hunter's father or the biden administration in exchange from helping hunter nor have i asked everything fromal president biden or his administration. my only goal was and is to help my friend and client. of course hunter biden is filing federal tax charges, none of them in california. three are felonies. as taxes were paid back thanks to help with kevin morris and david weiss still throwing the book at him looking to take him to trial. that is scheduled to take place> in los angeles on june 20. larry: sugar babies, sugar daddies, terrific. thank you ever sre aboo much. let's talk more about sugar daddies in the race.
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we have donald trump have a great night last night. let's bring in steve hilton foxt news contributor. i think nikki haley may be running out of her sugar daddies. hunterr biden well, he is a sugr daddy morris.g but nikki haley nobit only losig big by saying bad stuff wrecking trump, if she loses he. sugar daddy she's going to have to pull out. >> she still has some but every day she's in this she's actually helping joe biden in doing harm to her long-term reputation.. there's still people urging her to stay in the race. and with arguments of those people included the wall street journal editorial page. i normally agree with everywhere but not today there urging nikki haley to stay. let's engage with arguments ba good faith.or nikki haley could be about a candidate because she brings in more independence. inde.first of all, donald trumpi
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doing better among independents than in 2016 woody actually one. yes it's true, nikki haley canlo bring in independence. she will lose massively to the republican vote, the party ishae increasingly hostile to nikkimi haley. if she fights some miracle on the candidate your travel budget republicans by staying home or voting for rfk, these arguments from nikki haley don't stack up even the one that says what if something were to happen with trump and ease convicted on the legal cases, so far we've seen the cases are just helping him. even in that scenario, there's a reason for him to stay in any ne attack trump if the party needed to find another candidate at the convention, they could do that. she should get out of the race. every day she isn't it and helping joe biden hurting the republican party.i larry: steve hilton, i happen to agree with you, not the wallti
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street journal, i agremee with you. i'm sorry we are short you on te we hope to see you more soonk yo with these races. you're right about nikki haley. we appreciate it. coming up, betsy mccoy says democrats are letting illega migrants fly without id cards and she reminds us about 9/11 and the risks of all of that. she'll be here in a second. stay with us. early different. (other money manager) different how? you sell high commission investment products, right? (fisher investments) nope. fisher avoids them. (other money manager) well, you must earn commissions on trades. (fisher investments) never at fisher investments. (other money manager) ok, then you probably sneak in some hidden and layered fees. (fisher investments) no. we structure our fees so we do better when clients do better. that might be why most of our clients come from other money managers. at fisher investments, we're clearly different. ♪(song in french)♪
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larry: great larry: are great friend betsy mccoy writing in the new york post, dems leading migrants fly without id and their playing russian roulette with our safety and she joins me onset. betsy mccoy new york postt tocolumnist in new york lieutent governor. great to see you. no id for illegal migrants. >> no photo id, that is the key they can claim to be somebody you will see in the airport tsa saying if you are migrant number one and you want to get on the plane needed to have awa photo d tell the tsa supervisor and ifca you don't want youn r photo takn
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you can decline and still get on the plane. you and i knowat if we got to te airport and forgot her driver's klicense or passport, good luck ever getting on the plane butt migrants getting e-zpass because immigration lobby is getting favored over americans in their safety.n. larry: does anybody ever remember 9/11. >> they should remembe>> aser 9. >> if they getting e-zpass who knows what to do whehen they get on an airplane. there is a terrorist list that is coming illegally. >> millions of migrants are common acroscross the border. most what economic opportunity but there are among them some with sinister motives with a hundred different countries, many that are hostile to us. us, we have to know who those people are in way back on 9/11 one of the worst days in american history, the 9/11 commission said we must reform the drivers license system in this countryfh because the majority of the
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terrorist were illegals that goe on the planes because they got state drivers license statesir with flimsemy requirement., larry: that's it, this could beh an instant replay, what's going to stop this from happening again. l your congressman, 16 years ago we passed a law to fix this and the law has not beenyo implemented. illinois and new york are among the were states. they've moved every distinction between the drivers license that you and i have don a citizens and what an illegal has they don't want to stigmatize the illegals, stigmatize them very lucky to get any drivers license. larry: the next step you you be allowed to vote illegally. >> what do you think new yor.k city's idea. larry: betsy mccoy the smartest of the smart, i'll be right back with my last word.
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