stuart: what are you waiting for. is the question directed at president biden? probably is. beautiful colors, nice sky. it is 10:00 eastern. the dow is down 149 points. some dow stocks are serious losers. nasdaq holding onto a solid gain up 19 points, new high yesterday and intraday high this morning. the 10 year treasury yield is at 4.28% as we speak. the price of oil above $80 a barrel, and bitcoin is down to $57,700 a coin. that's the markets and now this. this is relaunch week for the biden campaign. monday, a defiant president insists he is staying in the

race. he lead the nato summit in dc striving across the world stage. thursday, real press conference is scheduled but this relaunch is already in trouble. it up on day one. the news broke that doctor kevin bonnard, a parkinson's specialist visited the white house 8 times in 8 monthly to press briefing, karine jean-pierre refused to detail who the doctor had seen. he claims it was a security issue. the press corps erupted. they think the white house is hiding the president's true condition. of the white house loses the media the relaunch is not going well. more democrats say the president should step aside, there is a supersecret meeting in progress this morning. should he stay or should he go? that is topic one. john tester says president biden has to prove to the american people including me that he is up to the job for

another four years. as he said that, the wall street journal reports that biden two years ago skipped an early evening meeting with the german chancellor, he had to go to bed. that will not help the president when he hosts the nato meeting today. despite the defections it is hard to see how biden could be forced out. he has the vast majority of delegates to the convention. only he can release them. and jill biden has removed as the power behind the throne. according to that, she attends political meetings, she insists her husband is staying in. he could be removed with the 25th amendment but according to the wall street journal it is a nonstarter because it would lead to political chaos. is that where we are headed? it comes down to this. nobody believes biden can be president for another four years. sorting out this democratic mess will bring chaos to us all.

second hour of varney just getting started. didn't last long. the democrats are leaving the closed-door meeting on biden's health. that's the meeting place on the left-hand side of the screen. kelly mcgee white, invoking the 20 fifth amendment would create political chaos? that is what the wall street journal said. >> it would be a lot better for national security and overall national health if the president who is incapable of leading this country were removed and the democrats need to be careful. several are coming forward and calling on biden to drop out of the 2024 race but he of unfit to run for the presidency it means he is unfit to serve right now over the next four

months while he is still in the white house. they can't come to an agreement on what the message should be to the president. he is rebuffing all attempts to get him to drop out. he seems to be the only person who thinks he is capable of serving another four years. stuart: maureen dowd says the biden campaign aide asked her to scrub a verbal gaffe during his abc interview. it was included in her article. the times are said abc altered the initial transcript at the behest of the white house. they are losing credibility. >> reporter: this is new news. stuff like this has been happening for the last couple years. remember when espn said her questions to president biden during the interview were pre-written by the espn executives and likely by the white house. this has been happening for years. i'm getting really sick of the

leftist journalists from the new york times or washington post deciding they are suddenly just now going to notice this behavior. it's too little too late. your job was to ask those important questions when other people started noticing these issues. instead you stuck your head in the sand, left the american public wondering what was going on in this white house and they are going to pretend they are duped. admit you are not fit for this profession and you care more about propaganda than the truth. stuart: thanks very much. first lady jill biden has been defending her husband's ability to serve. what is she saying? lauren: joe will not go, the first lady stumping for her husband in tampa, florida. >> all the talk about this race, joe has made it clear

that he is all in. [cheers and applause] [chanting] >> four more years! four more years! four more years! four more years! >> thank you. just as he has always supported my career, i am all in too. lauren: is this the decision that he has made or she is the one pushing him because she loves the frame and the power that comes with the office of first lady and having her husband the president of the united states? i don't know but a lot of people look at jill biden and say you are responsible for this. you see what your husband can do and you keep pushing him and encouraging him. time to take the car keys away. stuart: you are complicit in the cover-up, that is what they say. check the markets.

the dow is down 150, up 70 points. can the market rally continue or are we at a crossroads? >> an amazing round, the narrowness of it, how few stocks are participating. the overabundance of optimism on wall street and the way the market is designed, everyone can anticipate what happens is everyone gets their 401(k), put money into mutual funds which are designed so when the money comes in they must buy the stocks that are working. active fund managers have to buy the stocks that are outperforming and mutual funds, sometimes you can buy want to great horizon fund and you say eventually that will fall

apart. the only difference tween now since i've been in the business, they are amazing. the free cash flow keeps going, it than historically they would. everything keeps falling into place. being a bear in this market, we saw one guy lose his job and mike wilson, a 10% correction, ease off by 100%. if you are doing this, it's hard to buck the system but you have to ask why is this time different if it is. stuart: the democrats are consumed with what to do about

president biden, there convention comes up in august. it's all about the republican national committee, i see that as a positive. >> that optimism is starting to tick up to pick up again, national association of homebuilders, that is picking up and both of those specifically attribute to that. that is an amazing reversal in those areas like you've never seen before. on wall street, wall street and globalists are frightened as hell. so afraid of a trump presidency, going to the port how many people and they are banging drums but the flipside of that, there's an economic

side of this debate, and it cost the city billions of dollars, they've taken up hotel rooms. the housing crisis, affordably housing comes down. if prices are higher and cheap chinese goods. when demand comes down and inflation comes down. there's a flip side to the argument that trump could be too inflationary. stuart: it's called the unbreakable investor, the greatest wealth transfer in history. charles: don't fumble the bag, sweetheart talking $84 billion transferred, this is absolutely amazing. how do you are participate? you think we have some issues in our country now? trillions handed to another generation. those who get it have to deal with it and those who aren't are going to be upset and those

parents, 35 or 40 years old want their kids to be a part of this. stuart: that is what it is about. you have a new episode of your podcast, unstoppable prosperity at 2:00 pm eastern today, downloaded at . incredible. you got me. thanks very much. looking at the movers, start with micron. lauren: almost 3%. they provide the memory for nvidia's ai chips including the new blackwell. keybank increasing price target to 165. stuart: british petroleum. lauren: they are warning of lower refining margins, stock is down 4.4%. stuart: helen of troy. . to think revlon, hydro class, competes with stanley, lowered

their annual earnings forecast. these shares up 30%. this is a decade low citing weakness in consumer spending. blue and you got that from charles payne? lauren: it is not giving credit where credit is due. like to stock like helen of troyes down 30%, not just a soft consumer. what has taken the market share? they are doing extraordinary. that's why i am against monopolistic breakups of things. let the private sector come up with a better monster. they bought products they don't advise anymore. the guy who invested it was charles robson. they had old stale products. stuart: always good. thank you. starting today, migrants will no longer be allowed to sleep at boston at logan airport. the governor of massachusetts says her state shelters have run out of space. new york city, mayor adams facing bipartisan blowback over

sending out another round of prepaid debit cards to migrant families. democrats said the gravy train has to stop. councilman joe borelli deals with that next. ♪ ♪ slipping out of balance into freefall. i'm glad i found stability amidst it all. gold. standing the test of time. did i read this? did i get eggs? where are my keys? memory and thinking issues keep piling up? it may be due to a buildup of amyloid plaques in the brain. visit morethannormalaging.com

with chase freedom unlimited, you can cashback 3% on dining including take-out. cashback on flapjacks, baby backs, or the tacos at the taco shack. nah, i'm working on my six pack. well, good luck with that. earn big with chase freedom unlimited with no annual fee. it's pods biggest sale of the summer. save up to 25% on moving and storage for a limited time. and see why pods has been trusted with over 6 million moves. but don't wait, use promo code big25 to save. visit pods.com today.

[door creaks open] [floor creaks] [door creaks shut] (♪) (♪) (♪) relax, you booked a vrbo. (♪)

want to save on some of the biggest names in streaming on

the network made for streaming? x marks the spot. now you can add the new xfinity streamsaver™ that includes netflix, peacock, and apple tv+. that's xfinity streamsaver™ for just $15 a month. all your favorites. all in one place. only from xfinity. for more watching and less spending... x marks the spot. do it all on the network made for streaming, and bring on the good stuff. adam: house democrats are still meeting behind closed doors, some members left the committee hearings. congressman steve cohen from tennessee said, quote, there is no consensus yet. now listen to what jerry nadler said about calls for biden to drop out. >> do you have concerns about it being the top of the ticket?

>> that's beside the.point. he is going to be the nominee and we have to support him. >> that was a pretty long pause when you were asked about concerns was what are your concerns about president biden being at the top of the ticket? >> he has shown the concerns we have as result of debate, the debate performance. >> just to be clear you do not want the president to drop out? >> i do not. stuart: nadler was walking back what he said on sunday. around the dow 30 stocks, the dow is up 184 points. the nasdaq is up 105 points. new inter-day high for the nasdaq this morning.

migrants at boston at logan airport have to find a new shelter. starting today they will no longer stay at the airport. where will these migrants go? >> reporter: great question. a number of safety sites across the state but this marks the deadline. migrant families will no longer be able to overnight at boston at logan airport. in massachusetts for months, allowed families more than one hundred people in a given night sleeping on makeshift beds sometimes surrounded by small children. the practice will end tonight. making a concerted effort to open additional emergency shelter sites including a refurbished old prison an awful, massachusetts, slated to hold 450 people with the shelters across the state packed capacity and cost

estimates climbing to nearly $1 billion a year, healy sent a delegation to the southern border to send a message. >> made clear to those who might think about coming to massachusetts, might not be able to provide housing or able to stay at logan airport anymore. >> reporter: in april healy signed into law a 9 month limit for families in emergency shelter but the rules allow for extensions. peter durrant says the doesn't go far enough. you want the right to shelter law changed to apply to legal state residents only. >> we would like to see the right to shelter law completely amended by simply saying you got to be here for a period of time. if people knew they had to be here for 6 months to a year, that would make it less attractive. if you cut out the other services that are available as part of it.

>> reporter: the state will have staff at logan airport to talk to some of these families to help them find transportation to these other sites. ashley: now this. new york congresswoman nicole malliotakis suggests staten island should shelter more migrants. lauren: you get what you vote for. she says staten island which is mostly republican did not vote for this mayor, governor or president and should not be subjected to there were to give us policies. he on the other hand embraced all three and is complaining about the mess their policies brought. talking about the queens borough president, 1100 migrants coming into new york city every week, 1100 per week. this has gone on for three years. look at nearly 200 migrant shelters in new york city. most of them are in queens. some of the poorest areas like

jamaica and long island city. that's where donovan represents but staten island has five. that is why they have only five. they don't want them. stuart: what a situation. new york mayor eric adams is about to send another round of prepaid debit cards, he's getting pushback from both sides of the aisle. republican new york city councilman joe borelli joins me now. fellow councilmember, democrat, said the gravy train for the migrants has to stop. why is adams continuing with this program? >> it is just insane this is approaching year 3. of the migrant crisis. we only realize the least worst way of handling this is to give them more free debit cards, cheaper than anything we tried before.

as my democratic colleague pointed out the gravy train is what is attracting people. you are seeing not just republicans and democrats who might be moderate but the queens borough president who embraced sanctuary city policies, wavered the flag of progressivism and realizes his constituents whether black or hispanic or asian getting sick of massive migrant encampments in their towns, cities, hotels. stuart: 1100 migrants every week arrive in new york city. does new york get any money from the feds for housing them, feeding them or pull leasing them? >> the feds were shortchanged in new york city. a problem that starts with president biden and will not be corrected until he's not the president of the united states and it is up to the city of new york taxpayers.

they are partially to blame, they touted sanctuary city policy. not saying that. this is a federal problem and the federal government won't put any money, state government, it is $12 billion out of out of the new york city's pocket over three years that could have gone to fire houses or anything, could have sent 3 ice cream cones for all i care. stuart: a lawsuit filed by jewish students who claim the school failed to stop anti-semitism on campus. nyu has agreed to strengthen existing measures. there was compensation as well. the amount wasn't disclosed to. is this enough? >> colleges here in new york public or private have had anti-semitism problem on full display the last few months. we saw this happen in columbia where three deans were texting each other, rolling their eyes

about conversation about anti-semitism. they are on leave getting paid to stay home the. seems like a reward, not a punishment. this is a problem in new york city and a lot of elite institutions and these ivy league schools are doing a better job than any pr guy in regular colleges around this country. stuart: joe borelli, see you again real soon. president biden faces a major test as he kicks off a nato summit in dc. how do other leaders view him? house foreign affairs chair michael mccall deals with this. biden's position. to letter to cleanup questions regarding the president's health after a report revealed a top parkinson's specialist visited the white house 8 times over a 8 month period. jillian turner has that next.

everybody wants super straight, super white teeth. they want that hollywood white smile. new sensodyne clinical white provides 2 shades whiter teeth and 24/7 sensitivity protection. i think it's a great product. it's going to help a lot of patients. what does a good investment opportunity look like? at t. rowe price we let curiosity light the way. asking smart questions about opportunities like clean water. and what promising new treatment advances can make a new tomorrow possible. better questions. better outcomes.

(man 1) can you hear me now? can you hear me now? can you hear me now? (dj) can you hear me now? (runner) stay with me now!

(teens) oooo! (woman 1) mírame ahora! (woman 2) get em now! (roger goodell) we're ready now! (woman 3) have fun! (fan) ooo, pinch me now! (woman 4) save me now! (toddler) let's go now! (woman 5) check me now! (toddler) catch me now! (gamer 1) cmon! (gamer 2) play me now! (toddler) okay, bye now!

>> the dow is down in 50 points.

starting with cvs health. >> as united health. a pharmacy benefit manager, the ftc and the initiatives. the pharmacy and the insurance company consolidation led to a handful of middlemen exercising outsize influence of drug prices and steering patients away from cheaper medicines to more expensive ones. stuart: the crypto plays? lauren: it is up for the first time in three days. stuart: that the inflection. i want to talk about tesla. in the last we 10 days there up 40%. went straight up 10 days. lauren: if the one% gain holds, tesla had as we 10 day rally, the most since june of next year.

the chinese registration numbers from model 3s and the like out of china. there cars are popular. stuart: thank you very much. president biden's clearing up the questions regarding the president's health. a report revealed a top parkinson's specialist visited the white house 8 times over a 8 month period. jillian turner is with me at the white house. take me through the latest on this please. >> reporter: reporters doug in their heels during the briefing when karine john p are refused to acknowledge whether the parkinson's specialist who was at the white house 8 times was there to talk about president biden. take a listen. >> no, no, no, wait a minute. please. a little respect here please. every year around the

president's physical examination he sees a neurologist. that's three times. i am telling you he has seen a neurologist three times while he has been in the presidency. that's what i am saying, i'm telling you he has seen them three times. >> reporter: that specialist is doctor kevin cunard, who examined biden for those annual physicals most recently back in february. after yesterday's press, the president's primary doctor released a letter that he has not seen a neurologist outside of these checkups but insists, quote, an extremely detailed neurological exam was reassuring and no findings would be consistent with any neurological disorder like stroke, multiple sclerosis, parkinson's or ascending lateral sclerosis. >> the president that i see every day including yesterday a couple times in the oval office

is robust, lucid, clear, direct, and he's in command of the information. he was asking me questions yesterday about events in europe that icily didn't have the answers for. >> reporter: that's john kirby, his mental and physical well-being. he's got to impress world leaders when they are here for the nato summit the next three days but also damage control with lawmakers and american voters. stuart: he has got his hands full. see you again later. trump says world leaders no longer respect biden or america. roll tape. >> we are not respected anywhere in the world, he is not respected. our countries in serious trouble. if we are not careful, we are going to be in the middle of world war iii. that will be a war like nobody has seen before because of the

weaponry. the weaponry is a lot different than two army tanks going up against each other. and there's no question about that. stuart: foreign affairs committee chair michael mccall joins us now. we heard the sound bite from donald trump. world war iii is on its way. what your response to that. >> what keeps me up at night? that is exactly that. world war iii. two hot wars, when in the middle east, when ukraine, hot zone in the pacific. any of these three scenarios could erupt into world war iii and when you have a president that project weakness, this is what you get. it invites aggression, conflict and war. when you have a president that projects strength like reagan talked about, like trump did, you have peace.

i agree with the president. after the debate performance the other night, very dangerous in my view, it sends a signal of weakness and incompetence to our foreign adversaries like communist china, russia, the ayatollah in iran and kim jong-il knew north korea. stuart: world leaders are not likely to come out publicly and play we are very worried about biden's cognitive health. what are you saying in private? any fears how they really feel. >> it is the talk of the town, what is going on with the president. is he mentally fit for office? does he have the cognitive skills to perform? the president can order a first strike, and nuclear first strike. if he doesn't have the

cognitive abilities, that's very, it is concerned, and in washington. stuart: we spoke house oversight chair, it about invoking the 25th a madman to remove the president. >> that's determined by his cabinet. he is a sharp guy. everyone in america realizes this president isn't up the job. or an additional four years. stuart: the wall street journal argues invoking the 20 fifth would lead to a chaotic power struggle. what say you? >> it is true the cabinet advice president are the only ones with power to invoke the 25th amendment. we know the doctor came in to

test for parkinson's or treat him. the president of the united states, i know there are privacy concerns but it is important we see the medical records here. it is imperative that a cognitive test be performed on the president whether it is his white house doctor or the director of walter reed. we need somebody a cognitive test. he is the commander-in-chief, the american people deserve to know this before the election to make this important decision. stuart: will biden be at the head of the ticket on november 5th. >> i don't think so. to devastating to recover from. it's a concern of people, it

came out full force on the debate night. that's the president biden i see. with a different joe biden at the state of the union. i think he was on some sort of medications that got him a little more up if you will. we don't know what is going on and the american people and congress deserve to know the truth about his mental faculties. 's cognitive abilities. stuart: congressman mike mccall, thank you for joining us. still ahead, resident biden has a major fundraising party, many democrat donors pausing donations and some aren't even picking up the phone. scrutinizing bidenomics today. treasury secretary yellen testifying on capitol hill on the state of the economy. hillary vaughan has the latest

from capitol hill next. everywhere but the seat. the seat is leather. alan, we get it. you love your bike. we do, too. that's why we're america's number-one motorcycle insurer. but do you have to wedge it into everything? what? i don't do that. this reminds me of my bike. the wolf was about the size of my new motorcycle. have you seen it, by the way? happy birthday, grandma! really? look how the brushstrokes follow the line of the gas tank. -hey! -hey! brought my plus-one. jamie?

when the sawdust settles and the engine roars the thing you care about is a job well done. but when you get your tools from harbor freight

something about the job feels different - your wallet. whatever you do, do it for less, at harbor freight. ♪ your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire

stuart: democrats meeting behind closed doors discussing the president's state of mind, some members had to go to committee hearings. congressman jerry nadler left the meeting and says he does not want biden to step down. that's the opposite of what he said two days ago. this just coming out. hunter biden has withdrawn his motion for new trial in the federal gun case. hunter's tax trial until september in los angeles. concerns over biden's age lead top donors to pause their giving altogether. the latest on that. lauren: they are convinced biden will be trump's upon. many positive their donation.

bloomberg is reporting the president's biggest wall street backers feel powerless. they can't sway biden to step out. the new york times is reporting biden had a private call with his donors yesterday. the purpose was to quell fears over his ability to win in november, what is prep for the second debate. stuart: for the second time, the new york times editorial board called for biden to step down. lauren: battling everybody. stuart: the administration's economic policies under scrutiny. treasury secretary janet yellen, fed chair power testify before congressional committees. hillary vaughan on capitol hill. >> reporter: lawmakers have a lot of questions about the economy which is not a winning issue for the president and the polls. yellen and powell in the hot

seat as republicans drilling into both of them, they have to defend bidenomics. on the senate banking committee, tim scott says hi prices are biden's fault. >> joe biden broke this economy. it's difficult to fix it. that's the bottom line. doesn't take a page to the economist to understand what the average american is experiencing. president biden a democratic colleagues pumped trillions of dollars into our economy those dollars increase the demand and push prices higher. it is that simple. >> reporter: powell will be peppered with that, pressured by some democrats to cut interest rates. sharon brown detailing that this morning. >> future economic growth with

fewer homes being built, fewer investment in the economy. the fed doesn't stop leading to workers losing their jobs. as they said, economic policy, the fed, these trade-offs, jobs and futures are at stake. lauren: not just biden's economy is a topic today but biden's state of my. yellen, often in the room with the biden behind closed doors, will likely be asked about biden's mental fitness and if she has seen signs of cognitive decline and asked about the use of the 25th amendment removing biden from office and her role on biden's cabinet. stuart: one celebrity has confirmed the she will speak at next week's republican national convention. you are we talking about? lauren: amber rose, she posed, i'm speaking at the republican national convention in milwaukee. she often wears amaga hats etc. . he's former ex-girlfriend of

kanye west. trump and kanye have an interesting relationship. amber rose become a trump supporter. stuart: gretchen witmer shot down talks about her replacing president biden as the democrats nominee. the michigan governor did not hide her ambitions in a timely book launch. in the next hour. riots broke out in france after the left had a surprise turnaround in the parliamentary elections. why was left able to stay such as strong come back? we take on next. ♪ so, what are you thinking? i'm thinking... (speaking to self) about our honeymoon. what about africa? safari? hot air balloon ride? swim with elephants? wait, can we afford a safari? great question. like everything, it takes a little planning. or, put the money towards a down-payment...

...on a ranch ...in montana ...with horses let's take a look at those scenarios. j.p. morgan wealth management has advisors in chase branches and tools, like wealth plan to keep you on track. when you're planning for it all... the answer is j.p. morgan wealth management. things will go wrong for your customers. but your business can make it right, with watsonx assistant. ai that can help resolve problems by understanding your customer requests with 90 percent accuracy. let's create customer service in service of customers, with watsonx assistant. ibm. let's create.

are you ready to lose weight and get healthier? join over 5 million people

who have chosen golo as a better way to lose weight. here are just a few golo customers who reached their goal and have kept it off for over two years. golo is a completely different approach to losing weight, and it works. with golo, you can reach your goal weight just like these people. create your own success story with golo. visit golo.com to get started today. stuart: protests broke out in france after the left is projected to win the most parliamentary seats. the far right was expected to win big. why was the left able to stage such a big comeback? >> good morning. i actually don't, they got a lot of seats as a coalition of the extreme left but i don't

think it is really meaningful considering they don't stand for anything together. they don't have a common platform. they work with other parties to make a relative majority. they have a lot of seats together but it is not as if they can work together or impose their programs but they were quite disciplined because in doing this, forming this coalition, they have one goal, to stop, i don't know how it is called in english, the party and the way they did this, they formed this coalition, no platform but back when there were three way races, the party would step down so it would only be a two way race and

that's the thing they did when they were really disciplined and ended up making a comeback. stuart: hold on for a second. a slightly different subject and i want your comment on it. france's elites are panicking, the left plans a wealth tax. what's that about? lauren: the new popular front, the hard left, going to try to reinstate this wealth tax that failed in 2018 and a 90% tax on income for the rich. calling money managers, how do we keep money safe from what could be going on. we talk about relocating their money to italy and switzerland. stuart: come back in again. didn't they try wealth tax before and found it didn't work because rich people left? >> it is not just rich people

left but it's a hard tax to administer, and a lot of european countries drop the wealth tax. price is ungovernable. the extreme left don't want to form coalition so the program is going nowhere. 's program is going nowhere and it's the only silver lining about this election? stuart: always good to have you on the show. we will see what's going on in france. still had, molly hemingway on chuck todd defending mcrae party elites after biden lashed out at them. keith kellogg on how the president will be served -- perceived at the nato summit. alicia finley on medical expert to gave biden a pass on his cognitive trials. 11:00 hour is next.

♪ ♪ ♪ ♪

did i read this? did i get eggs? where are my keys? memory and thinking issues keep piling up?

it may be due to a buildup of amyloid plaques in the brain. visit morethannormalaging.com

olukai sandals capture the feeling of stepping barefoot into wet sand. the perfect balance of instant comfort and lasting support. say aloha to olukai. anywhere comfort. anywhere aloha. (♪) ♪ i wanna hold you forever ♪ hey little bear bear. ♪ ♪ ♪ i'm gonna love you forever ♪ ♪ ♪ c'mon, bear. ♪ ♪ ♪ you don't...you don't have to worry... ♪ ♪ be by your side... i'll be there... ♪ ♪ with my arms wrapped around... ♪

>> the problem for the white house is they've been covering this up for a very long time. even if they give an answer that might be the truth, guess who doesn't believe them? everyone. >> should have had a real primary with real candidates to go debate ideas. they didn't want to do that because they didn't want the far left coming out of the wood work again and really making this harder but taking a bigger risk and obviously it's backfiring. >> he's a very sharp guy and everyone in america realizes this president isn't up to the job. he sure isn't up for an additional four years.