>> here in this case we have very clear indication that the president of the united states is not mentally able to be, participate in trial which should beg the question why he is the commander in chief and has the access to the nuke hard a codes. >> i think the biggest question is does he think that president biden was faking it, or does he think that president biden literally was that mentally incompetent. >> if you wanted a fed rate cut, you can't afford to have the economy growing by 2% or paster. >> hunter biden's lawyer, abbe lowell, is claiming the sort of russian interference. >> i don't know that we'll get any rate cuts this year although i hope we get a few. ♪ now i'm free, freefalling ♪ ashley: lady liberty in new york harbor as we send this one out for stu, tom petty, of course.

the late, great tom petty, free fall paulinging, on this tuesday. -- free pauling. it is tuesday, mar 12th. yep, i'm ashley webster in today for stuart. let's take a look at the markets, the dow up 236 points, up more than half a percent. same story on the s&p, up nearly 1%. the nasdaq also up 1.25%. if all of this, of course, based on inflation, consumer price index coming in a a little hotter hand expected. go figure. let's take a look at a big tech, most of the names moving higher, meta, amazon, microsoft, alphabet, apple moving slightly lower, down .2%. and let's take a look at the 10-year treasury yield. it was up slightly earlier, up 5.4 basis points right around 4.15%. all right, now this, the president just dropped two. baserring gaffes in just one da. roll tape. >> there's a lot you can do in

terms of cutting, tremendous amount of things you can cut. [inaudible] retremendous amount of things you can do, not cut. he said i will -- the bottom line is, he's till at it. anyway, am a i allowed to take any questions? [laughter] any, anybody here from staff? >> [inaudible] [laughter] >> thank you for asking. ashley: yeah. it would be funny if it wasn't true, but this is the president of the united states. the leader of the free world, and he's just sometimes just floats off into staring into the distance not knowing where he is and then, of course, then he has to ask people where do i go now. you know, jimmy, is he really making it that hard a for his team to defend his mental acuity? because i find it painful to watch. it's like watching, you know, your elderly grandfather just kind of get lost. >> i know.

if you've had this in your family, it's inescapable i'll give you a business tip since we're on the business show -- ashley: yep. >> the best business to be in the right now is to be selling alcohol to the white house press team, because every time biden gets near a microphone, unhear a bottle open, uncork -- [laughter] the beer can crack. i mean, can you with imagine having to clean this up day in and day out? two days ago he told people many pennsylvania to send him to congress. they were, like, dude, we already did in the '70s. [laughter] we can't really send you back. and i laugh because what we witnessed at the state of the union, and, i mean, i truly believe -- i'm obviously not a doctor. the only doctors i know are dre and pepper, okay? if. [laughter] but they damn near killed that guy at the state of the union with whatever the heck they had him jacked up on because he was stringing together coherent sentences. still a couple of wild pitches. and that's the point i try to make, ash, is you don't have to be a republican to agree with

me. we shouldn't be living in an america where we have a president who makes the sign language interpreter shrug, okay? [laughter] that's not normal. [laughter] ashley: all right. this is a story i know that's near and dear to your heart. the report claims new yorkers can't barely live in their apartments because the smell of pot if is so bad. these people claim to door is traveling through the walls of their apartment buildings -- the odor. they're living next to cheech and chong. you're a new yorker, jimmy. >> yeah. ashley: it says on the prompter, do you have this problem? are you the one creating the smoke or smelling the smoke? [laughter] >> i see where are you went. first of all, everyone in new york, everyone in new york is smoking weed. like, a cop stopped me in times square yesterday, are you smoking marijuana? if i was, like, not. well, here you go then. [laughter] i didn't see that coming. part of the problem right now is it's specifically bad because it's winter. we're going through a cold spell, so all of that stuff is

happening in the apartments. it's bad in new york. it got so cold yesterday, mayor adams is advising people to go to the bathroom indoors, which is -- that the's a new thing for new york. [laughter] that's to where the weed kind of factors into the equation, everybody's doing their stuff in the apartment if now. ashley: but you know what, jimmy? anytime i'm in new york and, of course, i lived there for many years, towards the end you can't go down any street -- forget about living in an apartment, outdoors where the wind blows it still stunk everywhere. >> it is all wield all the a time, and that's -- can weed all the time. at least on the bright side i can blame my performance on a contact high and not a direct high. [laughter] ashley: you know what? i'm your best audience. i'll laugh all a day long. jimmy failla, terrific stuff as always, sir. and, of course, we'll be watching you on "fox news saturday night." there he is, his smile being face, 10 p.m. eastern on fox news. jimmy, thank you so much. okay, now that i'm cheered up, let's take a look at the

markets. they're doing pretty well as a well. i mean, you know, look, the dow is up 200 points now, the nasdaq is up more than 1%, s&p up healthily. let's bring in mike murphy, he's with us for the hour. lucky us. mike, you're calling this a relief rally. what kind of legs does it have? >> good morning, ashley. i think there's a lot of legs here. so we saw the cpi data, and it wasn't -- better than, basically call it in line. but i think the market was concerned about inflation being too hot. so when -- immediately when you saw that number announced this morning, futures ticked eyer. we had a little bit of a selloff once the market opened, but i think the markets are looking for new highs. i'm looking at the s&p 500, this data may be enough to push it to a new all-time high today before we close. ashley: which is interesting, because at one point people were talking about seven rate cuts this year. now we're down to some people saying we may not get one. >> the experts, huh?

if you have to be careful. ashley: yes. >> it's really tough to time this stuff. it's one thing with the fed, you know, they're doing what i'll say is the right move and that's being data-dependent. so unless something really spikes on the inflation front here in the next few months, we will get closer to a rate cut or we may get a rate cut in june depending on how that data comes in. but the key for the markets, i think, is that's the direction can we're heading in. barring something unforeseen, we're not getting any more rate hikes, we're staying flat to going lower, and the market likes that. ashley: very good. you've been keeping an eye on the s&p. i'm sure you do that every day. what's the magic number here? i'm sure maybe jpmorgan or maybe goldman, one of those, said that they expect it to be around on the s&p about 5400, i think, by the end of the year. what are you looking at? >> yeah. i think we can do better than that. you know, it's tough picking numbers at the end, but i think the most important thing is that we're in a strong the market, we're in a bull market that continues to see reasons to make

new highs. so if we can carry that out for the rest of this year and we get a rate cut or two from the fed, we'll be higher than -- wherever that prediction came from, we could be at quite a bit higher than that,s i think 15, even 18% to the upside from here for the rest of the year. ashley: and and you believe big tech and the a.i. factor is still very much alive with a lot more money going in? if. >> i'm glad you brought that point out, because if you hook at whats' happening, we're talking about the s&p 500 at all-time highs right now. but look at apple and tesla. you know, you had this conversation about it's all the mag enough isn't seven. well, apple -- magnificent seven. well, apple and tesla haven't taken part so far this year, yet here we are. so if we get a little momentum in those two names, that that's a big push for the market. so stay with what's been working, stay with tech, but i like diversified. if you can, invest in the entire bucket of the s&p 500. it'll do very well for people watching at home. ashley: do you like ap apple at

172? >> absolutely, i do. ashley: interesting. all right. mike murphy, as a i said before, you're with us for the whole hour, so we appreciate that. let's bring in lauren. lauren, you're taking a look at southwest airlines. what's going on with them? they are down. more than 14%. lauren: worst with day in four years. they cut their aircraft delivery forecast again from their supplier, boeing. that also means that southwest has to cut capacity for the second half of the year. not going to have all the planes they need. stock down 15%. but, look, alaska airlines -- >> yeah, ashley, it's higher. lauren: so you would think that that warning from alaska would spook the sector. it hasn't entirely. so alaska airlines is actually the carrier that had the boeing max door plug if blow out. why is the stock up almost 3 senator? -- 3%? it posted a narrower than expected loss and said, look, spring break, demand is huge,

business travel is recovering, and this current quarter is looking pretty good. ashley? ashley: yeah. rumble, what's that about? what's that to do with tiktok? if. lauren: absolutely. up 15%. this is the video-sharing platform. their ceo wrote to tiktok, said is, look, we're ready to join a consortium to acquire and operate -- tiktok inside the u.s. is if bytedance is forced the divest it. ashley: very very interesting. lauren, thank you very much is. coming up, we have a new poll that shows a majority of voters believe that illegal migration is a critical threat. fbi direct deer christopher wray warning congress about the dangers at the border. listen to this. >> there is a particular network that has, where some of the overseas facilitators of the smuggling network has isis ties that we're very concerned about. ashley: and it's not just isis

he's worried about. we'll bring you the full tape on that. and biden's special counsel robert hur is testifying right now on capitol hill. he is facing questions about biden's mental fitness. we'll have the full report next. ♪ ♪ the best advice i ever got was to invest with vanguard for my retirement. the second best? stay healthy enough to enjoy it. so i started preparing physically and financially. then you came along and made every mile worth it. hi mom. at vanguard you're more than just an investor, you're an owner. helping you prepare for today's longer retirement. that's the value of ownership.

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maybe we'll even get married one day. i wonder what i will be doing? probably still living here with mom and dad. fast reliable speeds right where you need them. that's wall-to-wall wifi on the xfinity 10g network. ashley: right now former special counsel robert hur is testifying in front of the house judiciary committee. it comes after he declined to charge the president while describing him as an elderly man with a poor memory.

hillary vaughn is there. hillary, give us the highlights so far. >> reporter: hi, ashley. well, if democrats were hoping that the former special counsel, robert hur, would be walking back the comments he made about the president's memory, that didn't happen today. instead, hur has been doubling down. he said that he had to talk about the president's memory because it is the explanation for why, part of the eczema ma nation for why he chose not to recommend criminal charges. >> my assessment in the report about the relevance of the president's memory was necessary and accurate and fair. i did not sanitize my explanation. nor did i dispager the president unfairly -- can disparage the president unfairly. >> reporter: the white house spokesperson for oversight and investigations, ian sands, has been live tweeting hur's testimony this morning and is targeting hur for a bad memory saying, quote, you can't make this up. on page if 72 of the transcript, it is not president biden who

admits to misremembering things from just moments earlier, it's the special counsel himself. sands pulling a part of the transcript from that closed door interview where hur admits he might be misremembering something biden said several times. but it wasn't just biden's bad memory that came to surface from if this special counsel interview. hur says he thinks biden may have lied. >> at any point in your investigation did you have any reason to believe that president biden lied to you? >> i do address in my report one response the president gave to a question that we had posed to him that we deemed to be not credible. >> reporter: and, ash a arely, in the full transcript of this interview between the president and the former special counsel, the president said i can't remember, i don't remember or i don't know, a variation of those, at least 44 times throughout the interview kind of laying the groundwork for the special counsel's takeaway that

a there might be a problem with the president's memory. ashley? if. ashley: exactly. hillary, thank you very much is. let's bring in congressman pat fallon, republican from texas. congressman, what will republicans get out of robert hur's testimony today, do you think? >> well, i think you just saw one of those clips there, ashley, about the fact that jerry nadler was thinking that he wouldn't with say that he thought the president lied, but he said he got the exact opposite response saying he very well may have been deceiving the special counsel. also we've got to explain better to the american people how classified documents work, ashley. we go into a secure area, we're not allowed to bring anything, no electronics in and nothing comes out. i can't even take notes when i'm reading classified material out with me. so how in the world did joe biden, when he was a senator, have boxes of classified documents? if i did that, stuart, i would expect to be prosecuted. joe biden should. this is, again, a two-tiered

justice system is. ashley: well, it is, and you can't help but think double standard here with, what, donald trump has gone through with his documents case. i mean, it seems very clear to me that there are two levels, as you put it, to justice. >> yeah. look at the differences, ashley. president trump had the authority to declassify nearly everything that he read that was classified. the only things that a president can't declassify are his nuclear secrets and anything related to secret is agents overseas. everything else, he can. he had the authority to do so is. joe biden did not have the authority, nor could he ever have declassified the documents he had. this excuse about, well, he's an old and elderly man, okay, so if if you get pulled over and you have a key low of cocaine if you just tell the officer i don't remember how it got there you're not going to get prosecuted? it's ridiculous. ashley: it is. i want to move on, congressman.

the president just released his budget for fiscal year 2025. it sets aside $1. -- 11.8 billin for the border. look, i mean, too little too late? it's a $7.3 trillion total budget. >> ashley, think about it like this, this is the best analogy i can think of. if you had a spigot and it was flooding, it was throwing water and flooding your home, what joe biden wants to do is he wants more buckets for the spigot. what the republicans want with to do is shut the spigot off. if he reinstitutes wait in mexico, the migrant flow will be reduced immediately by 70%. all the experts agree on that. so why not do that? it's a lot cheaper for the american taxpayer to never have the illegal migrant enter the country in the first place. how about building the wall? how about expedited removals? how about e-verify? he doesn't want to talk about shutting the spigot off a, he

just wants more buckets. it doesn't make any sense. ashley: it does not, but we'll have to leave it there, unfortunately. congressman pat fallon, thank you so much, sir. appreciate your time. >> thanks, ashley. ashley: thank you. mike if murphy, what do you make of the president's budget proposal? let's get your thoughts on it. >> so is, you know, i think it's bad for business really. you know, it's spending more money -- ashley: yeah. >> -- and taking on more debt. and really if the money needed to be spent or if it was being spent where it was going to be helpful to the vast majority of the american people, then i guess you could try try to justify it. but i think this just spend, spend, spend is one of the reasons we have inflation that peaked and really caused interest rates to go higher. so, you know, i hate to pile on, but what president biden is doing or what this administration is doing is really tough to build a strong economy around and, therefore, a strong stock market around. so i think a lot of changes need to be made. ashley: yeah. it's spend, spend, spend and

tax, tax, tax which is also not great for the growth of the economy. mike, thank you very much. let's get to this, if fbi director christopher wray issuing a chilling warning about terrorists taking advantage of our open border. we know this is happening. what's he saying, lauren? lauren: this is biden's fbi director, and he testified that he's very concerned about a smuggling n with ties to isis -- network with ties to isis utilizing the border to get into the united states. >> from an fbi perspective, we are seeing a wide array of very dangerous threats that emanate from the border. and so i want to be a little bit careful how far i go in open session, but, you know, there is a particular network that has, where some of the oversea ises facilitators of the smuggling network have isis ties that we're very concerned about and that we've been spending enormous if amount of effort with our partners investigating exactly what that network is up

to. it's something that's, again, the subject of our current investigation. [laughter] lauren: it's not his first warning. look, you could say this is falling on deaf ears in the administration. but look at this, americans are absolutely alarmed. a record 55% say the large numbers of illegals pouring into the country are a critical threat to the u.s.' vital interests. and that includes, you know, illegal immigrants that we know things about that aren't potential terrorists, right? if we're still concerned. what about all the ones we don't know about in. ashley: exactly right. it's just ridiculous. anyway, lauren, thank you very much. appreciate that. coming up, president biden wants to give first-time home buyers a $5,000 tax credit. but could that just boost demand and in turn raise prices? more than half of homeowners and renters say home affordability is influencing how they're going to vote the many november. mitch roschelle deals with the housing election next. ♪

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ashley: all right, as the markets continue their the march, the dow up more than 200 points, the nasdaq up almost 1.5%. mike murphy is with us for the

whole hour, and now he's got some stock picks. mike, let's begin with shopify. >> so if you look at shopify, ashley, this is a company that kind of really helps direct to consumer brands or dtc brands get a presence on the internet and start selling their products. and really the stock has not performedover the last few years. -- over the last few years. it's gone from a high of about 180 down to $76, where it is today. i think shopify's going a -- doing a lot to expand their business, and they're not only going to support the direct to consumer companies on their a platform, but also help ship those products direct, deliver them to people's homes, so i think there's a lot of upside for shopify from here. ashley: very good. now a familiar name, google. what do you like about google? >> so, you know, i think google really is monetizing advertising. so, you know, the way they're generating the bulk of their revenues from if advertising and

this continues to grow, continues to expand and and the requirement for businesses to advertise online and through companies like google, you see it with meta, the same thing. it's huge. yet the stock the hasn't really moved yet. but i think google has so many different levers to pull, and they had a hiccup a few weeks ago with their artificial intelligence platform. but i think if you're looking longer term and you're looking for growth and innovation, google at 138's a great place to be. ashley: very good. all right, mike, thank you very much for those picks. now this, president biden wants to give with first-time home buyers a $5,000 tax credit and give $10,000 to those selling their homes. good idea? mitch roschelle joins me now. mitch, what do you think that would do to the housing market? >> ashley, good to see you. i think anything that promotes demand for housing is a bad idea. i've been saying, you know,

since the pandemic we have a supply-side problem, and we need policy whether it's by fiat from the president or by congress doing their job to create incentives to create more homes, not to create incentives for people to buy more homes. that's the single thing that's driven up prices. we have demand that exceeds supply. and, by the way, a $5,000 credit when the median home price is just over $400,000, that's literally a drop in the bucket. ashley: yes. >> it's not going to do anything. ashley: and because they have this stalemate, a lack of inventory but part of that is because people don't want to give up those 2.78 30-year mortgages -- 2.78, the golden handcuff, that's tough to overcome as well with the current rates of, what, just under 7%? >> yeah. and it's not just those who have a low interest rate that they got in the last five years before rates went up. there's a big chunk of americans, especially the empty nesters, who were getting ready to move on and maybe downsize

that don't have any mortgage on their home. and when they're look toking to figure out where to buy -- looking to figure out where to buy, they're also facing this lack of supply if problem. let's say you have a 3,000 square foot house and you want to trade down to a 2,000 square foot house, you may not be able to find it at, you know, at the right price. and as a result, you're staying put because, you know, it works. the thing that we need to do is break the log jam and create more supply and create more supply in the places where people live. ashley: very quickly before i get to the next topic, mitch, do you think it's going to get a little better as we head into the spring home buying season? >> it always gets a little bit better in the spring because that's when sort of realtors, you know, do their work and convince people to list their homes. the problem i see across most of this country is unrealistic asking prices on the part of sellers that still remains the

big issue. kind of looking back and and wanting that, you know -- [laughter] that 2023 money or 2022 money. i think they need to be a little bit more realistic if they want to sell their home. ashley: right. never easy to persuade a homeowner to sell for less are. let's take a look at this "fortune" headline, mitch. it says welcome to the housing election. americans are trapped in their houses or outside the market looking in, and it's focusing their thinking for november. my question to you is how much do you think housing could sway voters many? >> you know, the average american probably has $300,000 of -- worth of equity in their home. the average american probably has a house held net worth of just under a million dollars and, again, these are sort of median numbers, average numbers. so when a third of your household wealth is in your home, it's going to influence decisions, you know? mike's talking about stocks right before me. you know, the typical american other than perhaps 401(k) isn't

invested in the stock market. so i think it's a big issue, the economy's a big issue, and household issues are the number one kitchen table issue going into an election. ashley: i think you're probably right. mitch roschelle, always good stuff. thank you, sir, for joining us. >> you bet. good to see you, ash. ashley: good to see you. talking risk, california is home to the country's most expensive housing market. lauren, how much do you need to make in order to afford a home in california? lauren: $223,000. that's the annual income to afford a home. ashley: ouch. lauren: they figured it out with a 7.4% interest rate, this is the problem, that's two and a half times the median household income if you live in california. the median home price $789,000. let me catch up to this. basically, that means you're spending -- 7200 on a monthly payment -- $720 0. annual income to aboard a home

in san jose is, $454,000. i mean, that's how expensive california is. and just to be kind, we've put seattle on the list where the median annual income needed there is $213,000. ashley: yikes. that's very sobering, lauren. yeahing thank you very much. all right, mike murphy, come back into this. is buying a home in california just simply unaffordable? which, based on those numbers for the average person, you know, it surely is. >> yes, i think it definitely is, ashley. but i wonder, when you talk about california and those few very high zip codes if those big 20, $30 million if sales that you see often, if they're really skewing these numbers. so, but i think if you look at california's budget, you know, for someone, for you to get up and leave and say, hey, i'm going to take my family and move to california, there has to be a really good reason for it because, you know, what governor governor newsom is doing out there, i mean, it'd be really hard to get behind and support it and is want to plant your

roots there if you're not there already. ashley: no kidding. and the more money you make, the more they take away in taxes. mike, thank you very much. a new survey reveal ares more people are anticipating up with their friends in order to buy homes. that's an interesting angle. lauren, how many people are really doing that? lauren: co-ownership. 13% of us have done it for financial reasons, right? you can split the bill, split the costs but also emissional support. -- emotional support guess we get lonely, if you're working from home, you don't interact with coworkers? i don't know, it seems weird to me. look, if you're not buying a home with your spouse, who are you buying it with? okay, brother or sister, 57%. a parent, 49%. if that's the multigenerational living that is on the rise. everybody help everybody. ashley: to me, that sounds like it could end badly. mike murphy, should people be teaming up with a friend to buy a home? [laughter] >> it's tough. they say one of the main causes of divorce is money issues --

[laughter] you know, you get into a business like that and living and sharing a bath with room with a friend, you know, i see that -- a bathroom with a friend, it could end very badly. i don't know. to each his own, if they can afford it. otherwise, more power to them. ashley: no kidding. mike, thanks very much. a new poll shows satisfaction with america's global standing down 20 points since donald trump left office. we're going to be all over that one. the ceo of tiktok is on capitol hill today ahead of tomorrow's vote to either force the sale of the platform or completely ban it in member. we'll have the full report next. ♪ so go on, go on, come on, leave me breathless ♪

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ashley: well, there's been a very possession receiver on this tuesday. the dow, the nasdaq, the s&p all moving higher. the nasdaq up about 1.25%, nearly 200 points. now this. in just a few hours, house law a makers will get a classified briefing on tiktok. aishah hasnie is on capitol hill, and we're hearing that the tiktok ceo is in washington this week. do we know who he's going to meet with? >> reporter: hey, good morning to you, ashley. we do. sources are telling me that tiktok ceo is going to be on capitol hill midweek e, and he's going to be meeting with individual offices on the senate side, not really talking to the entire chamber, but just really anyone willing to talk to him. staffers really, as he really makes this last ditch effort to try to stop this house bill from progressing in the senate. and as you mentioned, at the

same time today we'll be hearing from odni, fbi and and doj as they give a classified briefing on tiktok to house lawmakers. and all of this is coming just hours before this big vote on a potential bill that would basically force tiktok to divest, to have to sell its ownership from bytedance to a non-ccp-owned company. now, tick tiktok -- tiktok has been sending an army of users to complain to lawmakers, and in response the bipartisan leaders of the house's china competition company sent a letter demanding that the app really stop its campaign to, quote, manipulate and mobilize american citizens on behalf of the chinese communist party. so the two sides are getting tough with each other. there are some hurdles for this bill though, ashley. there's concerns about naming a specific company in legislation, that could spur lawsuits that really never go away, and the bill is also opposed by former

president trump over concerns that a ban would increase facebook's influence. but some republicans seem to be tuning that out. >> that's not my primary concern. my primary concern is that there are a lot of american, a lot of kids who are inadd very or tently sharing a lot of their personal information with the chinese communist party, and that's my primary concern. >> reporter: so, ashley, the market is now buzzing for a potential tiktok sale. rumble's ceo just came out and basically said that he's interested in perhaps going in with a couple of different companies and really offering to operate tiktok at least via the cloud, its cloud services, offering to keep tiktok users' data on their services. so i'm sure the next couple of days we'll hear from more companies stepping forward. ashley? ashley: absolutely. interesting stuff. aishah, thank you very much for that. now this, a new poll shows

what people think about america's current standing in the world. all right, lauren, what do the numbers tell us? lauren: yeah, how do they perceive us and our president. this is from gallup, 65% dissatisfied with america's world standing as we have wars in ukraine and israel. that we're partially funding. that means 33% are satisfieded, and that is the fourth lowest on record are. as for president, 37% say joe biden is respected. 37 say he's respected -- 37% say he's respected by other world leader. not a high number. ashley: no, it's not. all right, what do you think about the standing of the u.s. on the world stage? what do you think? what do people think of the u.s.? >> so much for not piling on here. [laughter] the leader of our country is kind of representing all of us on the world stage -- ashley: yes. >> and i think it's not surprising that we're not getting a lot of respect. you know, and that needs to the

change. ashley: yeah. >> it's not a plug if for one candidate or another candidate, but it's whoever's running this country needs to command respect or demand respect on a world stage. ashley: yes. >> i believe in a strong america. so, yeah, piling on. ashley: no, you're not piling on. it's what people think, mike, and i'm right there with you request. all right, let's take a look at the dow i 30 stocks. we like to say at this time of the morning, get a sense of the markets. the sense is there's a lot more green than red. as you can see, the dow is up 210 points, up about half a percent if on a strong morning of buying. now this, new york city's new green rule against coal and wood-fired pizzeria withs is costing businesses hundreds of thousands of dollars. the owner of john's at bleaker street not happy. he's going to sound off next. ♪ when the moon hits your eye like a big pizza pie -- ♪ that's amore. ♪ when the world seems to shine

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♪ if. ashley: new york city's new green rule against coal and wood-fired pizzerias goes into effect next month. kelly o'grady is at john's of bleaker street this morning and, kelly, how are business owners preparing for the new mandate? >> reporter: ashley, they're having to install filtration systems to deal with these new regulations. but, you know, pizza, it's synonymous with new york city, right? the green regulation is coming for the new york bite. the new law targets wood and coal-burning ovens just like the one you see here, it's going to cause them to reduce emissions by 755. this type of argument heats up to about 850 degrees, gets that cheese golden brown, but it releases particles that the pollute the environment is. in a statement the department of environmental protection said is, quote, all new yorkers deserve to breathe healthy air and wood and coal-fired stoves are among the biggest harmful

contributors. this is a product of years of review. now, like i said, this is forcing small businesses to put in these filtration systems but, of course, the challenge is how much it costs. we spoke to a number of pizza shop owners. some it's tens of thousands of dollars. here at john's on bleaker, they had to pay $150,000. so the choice becomes you eat the cost maybe if you can, maybe you go out of business or you pass the cost on to the consumer. now, in new york we're known as the priciest pizza that you can buy. the average cost of pizza here is $33.65. imagine if that got more expensive. but this is going to impact 130 shops or so across new york, so not too many. but think about it, ashley, these are small businesses, they're trying to come back9 from the pandemic. now you've got this to deal with. back to you. ashley: yeah, it's nuts. kelly, thank you very much is. so joining me now is the general manager of john's of bleak or street, his name is

kevin jackson -- bleaker street. kevin, we just heard from kelly. your business, one of the oldest coal-fired pizzerias in the country, you cannot be happy about this. what will it do to your business? >> good morning, ash. thanks for having us on. ashley: yeah. >> listen, this is a well-intentioned law, but it misses the mark when it comes to coal-fired ovens. all restaurants that have coal ovens use a coal that is a high carbon type of coal almost particulate-free. so to include coal ovens in this legislation, it misses the mark. but it is what it is, the city, they're mandating it and we've done it. ashley: now, i may have misheard kelly there, but i'm sure she shared something about 150, $160,000. what's the cost to you to update your oven's exhaust system? >> yeah. so kelly hit the mark. we had about $150,000 worth of expense. don't forget you can't just put

a scrub iser on the top of the flue. our flue wasn't the right width, so we had to change our six-story know we had to change from 14 inches to 18 inches, you have to put scrubber up top. that involves punching through a brick wall which in a 100-year-old building, i can assure you, needs engineers and all kinds of construction people just to do the punch through the wall. so it's a big techs pence. ashley: -- big techs pence. ashley: wouldn't it be nice to maybe concentrate on crime across the city and other issues than coal-fired pizzas? i mean, this seems to me to be very ticket? ty and if misplaced. what about you? >> ash, we agree with you. listen, i suffer from asthma. no one's more interested in having clean air and and particulate-free air a than i am. however, it's the cost of doing business in new york city, as we found out. ashley: that's insane sane --

insane. my question then, kevin, are you going to have to pass on this big cost to you to the customer? >> yeah. so, ash, we actually did this project three years agoing, right at the height of covid we were mandated to do it. so we've already incorporated the price of that into our current prices. ashley: i would imagine other pizzerias may be put out of business by this. it's a lot of money. finish. >> you're exactly right. thankfully, we absorb ised it, we ended up on our feet. but i know there are other places that can't do that, and that's really why we want to fight the fight, because it's not fair to the smaller places. ashley: it certainly isn't. kevin, thank you so much for letting us into your place today. we wish you the very best for the future. thank you so much. the pizza looks great request, by the way. >> my pleasure. thank you, ash. ashley: thank you. it's time now for the tuesday trivia question. strange wunsch the strongest human bite ever recorded had how many pounds of force? who measured this?

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ashley: the strongest human bite ever recorded, how many pounds of force. who has a clue on this? mike murphy. >> glad you came to me first. the answer is number 3, 702 pounds of force. ashley: lahren seminary? lauren: why would they ever record that? i will go with 440. ashley: i would have gone with number 2. the answer is what? one hundred 75 according to the guinness book of world records, achieved by richard huffman in 1986. that might more than six times the normal biting strength. we tell you everything on this show. thanks for joining us, see you tomorrow