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tv   Varney Company  FOX Business  February 17, 2017 9:00am-12:01pm EST

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>> all right. thanks for joining us, a big round of applause for this all-star panel. dagen mcdowell, lee carter and have a great weekend. "varney & company" begins right now. stuart, over to you. stuart: you haven't seen anything yet, maria: media, whoa, still reeling from the press conference. the rest of the country might be in shock at the new style, but you know, it sure was entertaining, wasn't it? good morning, everyone. the president was enjoying himself. let's be honest here, he was enjoying himself. it was supposed to be a brief announcement about the new pick for labor secretary, but over an hour, it became the trump show. with a smile on his face the president went after the media. cnn in particular. what a contrast. president obama delivered long college style answers to the
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questions and the media fawned all over him. president trump is rapid fire, yes, he exaggerates and is entertaining, all of that is very different. the live action presidency continues. he's off to see boeing, and mar-a-lago and tomorrow, he addresses a big rally in orla that's politics. what about money? . a pause in the trump rally. there will be a modest pullback at the opening bell this morning. oh, but please, look at this. the stock market has added 2.7 trillion dollars to the nation's wealth just since the election. that is the trump rally. you've never seen anything like this before. and, "varney & company" is about to begin. ♪ >> many of our nation's
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reporters and folks will not tell you the truth. the president has become so dishonest, the press honestly, is out of control. the level of dishonesty is out of control. the hatred and venom coming from his mouth, the hatred coming from other people on your network. look, when i go to rallies, they turn around and scream at cnn. want to throw placards at cnn. i certainly didn't win by people listening to you. >> where are you from? >> about. bc. >> there's another beauty. and tomorrow the headlines are going to be donald trump rants and raves, i'm not ranting and raving. stuart: i'm sorry, still laughi laughing. [laughter] . stuart: the president blasting the media. here is the response. >> from "the washington post," here is the quote. how could things get worse for trump? [laughter] >> from cnn, trump's performance fuels worry about
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his presidency going off the rails. and the real beauty is from the new york times, is it time trump, mentally ill? judge, i'm sorry, joining us now is judge jeanine pirro who presumably has words of her own. [laughter] >> what did you make of this? >> i think they're all nuts. okay? i'm not going to say mentally ill. i'm not going to use any psychiatric terms i did that in the courtroom for years, especially when someone killed someone on the basis of insanity. they were nuts, but not insane enough to avoid responsibility and that's what's going on here. it doesn't work. nobody's going to buy it. and in fact, the only people who are nuts here are the people who think they can label the president nuts. the american people voted to are him because he made since for them. for them to say it is not professional, i think they should have been brought up in
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the medical area, based on an assessment, not examining the patient in their office. >> wait a second, you have to admit it's a very, very different style and to some people that could be a shock. because you don't-- never before seen this. >> deal with it. stuart: we've seen seen a president speak like tha before not just to the media, but handle a news conference like that ever. >> why that's why he got elected he speaks like the rest of us speak. that's why he did it. so sick and tired of being on the defensive or his team being onhe defensive, stuart, he said, here is a man who goes into a cave, a den of lions and comes out the winner with no scratches, actually. he said, look, i'm going to take them on and ask me whatever they want to ask me, i've had it, i've got a job to do, i'm going back to deal with the people. stuart: with most guests, judge, i lean in to listen carefully. with you, you're so intense,
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i've got to lean back, you scare me to death. >> i'm not scary, i'm little. stuart: go. >> these people who think they can make an american psychiatric assessment of the president, they should have done it to obama. the guy has been lying since he started. he lied to our faces and nobody cared. stuart: hold on a second. i'm going to bring it back in the latter part of this black. >> all right, i'll be quiet. stuart: calm down, blood pressure, blood pressure. >> it's very low. [laughter] >> no real selloff despite all the political turmoil that we've seen. stocks will be down at the opening bell today. we're going to have more in a moment. yes, we'll be down at opening bell, not that much, but we'll be down. look at the gains, the dow, s&p, nasdaq, all of them are up close to, well, double digits and close to double digits, that's a rally. we'll look at this number, please. more than 2.7 trillion dollars has been added to the market's
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value just since the election. that's according to the wiltshire 5,000. 2.7 trillion. extra wealth for the nation. market watcher jeff sica is with us. now, we're going to open, 50, 60 points down and we are coming up to a three-day weekend. a lot of people don't like holding stocks over the three-day weekend, i'm asking, do you think it's the start of a pullback? >> probably not. here is what we're set up for. we're set up for an extension crisis in this market. trump has gotten the expectations up of investors that all of these policies, like tax cuts, like the repeal and replacement of obamacare are going to go through smoothly and efficiently and if this he don't, investors are going to be very, very disappointed because we have to face the market has come further since the election than any market in recent history. stuart: if we get the tax cut and repeal and replacement of obamacare, if we get the
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infrastructure program and we get financial reform, all of that lot, stock prices are pretty safe at these levels. if we miss, especially on the tax cut, then we go down? >> because when you have a market that's priced to perfection, that's priced to expectation, this dizzying enthusiasm is setting the market and investors up for failure because no matter how excited the investors are about the trump policies there's nobody more excited than me, the reality it's a tough one. >> real fast, the press conference yesterday. that was a remarkably different style and tone from our president. do you think that that difference in style and tone has anything to do with the pullback at the opening bell? >> that was a smackdown, inspiring, everything you want to hear from a leader. one thing i believe, there is
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this conflicts, this separation of opinions within this country and i think if investors perceive that it's divisive, they may have a problem with staying invested. and also keep in mind, when he mentions things like pharmaceutical companies and says things about pharmaceutical companies and saying that the pharmaceutical companies are out of line, those stocks get hit, that really affects investors' confidence. stuart: hold on a second, jeff, we'll bring you back when the market opens at 9:30. here is a huge story developing, unilever, its stock is set for its best day in 30 odd years? that's because kraft heinz is making a bid for the company. unilever, dove, to hellman's, to lipton. i've heard that they rejected the order.
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ashley: $50 a share value unilever at 143 billion dollars. that's about a 18% premium at $50 a share over the close yesterday. here is what unilever is saying, it sees no merit, financial or strategic for our shareholders. unilever does not see the basis for any further discussions. that said, i do expect kraft heinz will come back with a sweeter offer. that's a huge, huge deal in the food and beverage maker's market. stuart: money is cheap, cheap to borrow it and that's had a lot to borrow. >> there's potential of anti-trust with this, this could be an anti-trust problem. stuart: every brand under the sun. >> a very slim chance of passing. >> got to get back to the judge. a gun stock, gun related story. gone stocks have not done well recently probably because of the election of mr. trump.
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and a judge in florida ruling that they can ask you about gun ownership. judge janine, since when has the law-- let me get my question in. since when has the lawyer been in between me and the doctor about guns? >> since the middle of time lawyers wanted to be in the middle of everything. didn't you know that? >> yes. >> what i learned in law school, the only thing that a doctor needs to know, whether you have anything relative to his diagnosis and treatment, or her diagnosis and treatment. that's the bottom line. doctors decide it's your business to know whether or not you have a gun. so in particular in florida, one pediatrician asked a parent do you have a gun and the parent says, yes, i have a gun. well, you have to remove it from the home because you have a child and i'm taking care of your child and i won't take care of your child if you don't get rid of the gun. another doctor says to the
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patient we're not going to allow for medicaid coverage here if you don't tell me whether or not you have a gun. since when is whether or not you have a gun relevant to treatment? it's not. they take it up on appeal and the 11th circuit court of appeals made a decision against the gun owners and says, yes, this is relevant. a doctor has a right to know this because it's relevant to the safety of the patient, as if a gang banger in chicago is going to say, gee, my pediatrician told me that a gun is going to be dangerous and if i use it people can die. stuart: the government and lawyers cannot tell doctors you may not ask this question. you can't suppress speech like that. >> let me ask you something. stuart: oh. >> it's not about the doctor's free speech, it's it's about me and my free speech. look, i have a lot of guns, stuart, and it's not my doctor's business.
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you know, keep your stethoscope on my heart and not my gun cabinet. stuart: i'm jumping back. when are you on. >> justice with judge janine. stuart: justice with judge janine, 9:00. >> get a new picture. [laughter] >> thank you, judge, that was cool. the president is heading to the boeing plant, and meets the ceo and after that goes to mar-a-lago and tomorrow, holds a gigantic rally in orlando, florida. how about that? how about this? 60% of refugees who come into the country since the judge-- since a judge blocks president trump's travel order, they came from five terror prone countries.
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how about that? we're on it. oh, wait until you hear this one, a physics professor at princeton university, no less calling out the greenies. he says that climate scientists are behaving like glassy-eyed cultists. your he going to hear from him on the show. more varney after this. h. tell your doctor about your medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, or adempas® for pulmonary hypertension, as this may cause an unsafe drop in blood pressure do not drink alcohol in excess. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have a sudden decrease or loss of hearing or vision, or an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis.
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>> this is a stock that's going up big time today. deere, the tractor people, they've reported higher profits. they're looking down the road and say good times are to come. the stock is up nearly what, 3 1/2%. a big gain for deere and company. next case, three losses in key positions for the trump administration, general flynn resigned, andy puzder withdraws and robert harwood turned down the role of national security advisor. come in, chris collins, republican new york and the
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gate keeper for the president's cabinet picks. are a he taking a hit, three down, what do you say? >> oh, i think it's just a little bump in the road, stuart, nothing more clearly. the democrats have been gunning for a number of cabinet pointees and let's just say they got one, but the replacement for labor is just an exceptional individual. so, i think when you look at the number of appointees a the way the senate, under senator schumer's in t minority has fought every single one of the appointees. we've made tremendous progress and we're sending the end of finally getting the cabinet put together. stuart: they're chalking this up as a success, the left says we've delayed, obstructed and three down. how about the vote today on scott pruett for the epa. he's a climate skeptic and very controversial guy. i am told though that he will be approved, he will be confirmed. do you want to confirm that?
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>> yes, yeah. we've got the votes there and it's not unlike a couple of the others that have been 52-48, and in a few cases, senator manchin voted with the republicans, but pretty much 52-48 is the way they're going down. i think the democrats should be embarrassed that they are obstructing, they are delaying, there's never been a case where we're a month into a president's term, which is where we are right now, and so many of his cabinet officials are just now being confirmed or even not yet confirmed. so it is obstruction and it's certainly played a role in a few delays, getting tom price, secretary of hhs just a few days ago, just now getting secretary mnuchin in in treasury, so, we're moving beyond it, it was simply just that, a delay. stuart: on that subject of delay, we're very interested in the legislative schedule. as you know, a, to news poll shows 52% of voters want the
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tax cuts in the first 100 days. you were sitting next to the president at the latest meeting at the white house and i have to put it to you that obamacare is going to come first, repeal and replace, that does come first no matter how you slice it, which means you're going to back up the tax cuts until when? >> well, what we've always said, stuart, they're going to do repeal and replace of obamacare, get that moving in the first 100 days, tax reform in the first00 days. so, i think you know, we have an august recess, and it would be our hope and certainly nothing that we can guarantee, to get it done before we go on our august recess and we've said if not, and had to be delayed until we returned in september, you know, so be it. but, no, it's not a first-- tax reform is not a first 100 day, but we're trying to get it in the first 200 days and certainly this year. stuart: the stock market is listening closely to what
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you've got to say, because they want to tax cut fast. however, we shall see what happens. >> stuart, good to be with you. stuart: check this out, coal miners, hard hats and smiles in the oval office after the president got rid of restrictions that hurt the coal industry. good day for coal miners. back after this.
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>> i am continuing to keep my promise to the american people, to get rid of wasteful regulations that do nothing, absolutely nothing, but slow down the economy, hamstring companies and it's happening all over although we've stopped it. stuart: a lot of smiles in that room as donald trump signs the executive order which removes regulations placed by the obama team on the coal companies. some of them. scott shellady, still in london. >> there he is. stuart: i want you to tell us, take the regulations off the industry, do you see coal as really a big part of our fuel operation in america going forward? >> no, i don't. i think coal's had its day, but
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that doesn't mean it's day is done. we're clearly on the down side of that and when we talk about technology and innovation, those types of things are going to take over. but when we talk about technology and innovation, we think of other forms of energy that encorporate that, but there's going to be some technological innovation in the coal industry and we may be able to burn it cleaner and harvest is cheaper. >> and maybe it's had its day and extending its livelihood, but not at the level it once was. stuart: it's interesting that new technology could be applied to coal and clean it up and maybe bring it back to you. scott, hold on a second, i'll come back to you. i've got a report that president trump is about to sign another executive order about the environmental protection agency. ashley: that's the report. the report says this will happen when scott pruett is officially confirmed. one person was quoted as saying, it could be more than
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one order, it's going to suck the air out of the room, unquote. stuart: okay, we'll wait for that. the legislation, got it. where are we? we're going to open down on the market, 60, 70 points down for the dow industrials, but check this out. the trump rally added over 2 trillion to the economy just since the election. have you ever seen anything like that before? no, you haven't. just like the people
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the automated investing solution that lets you focus on your life. >> friday morning, we're almost going to open that market, literally, five seconds to go. we will open on the down side and we're going to ask the question, is this the start of a llback? we're off and running and i see red on the right-hand si. we're down 70 points in the first, what, 10 seconds of business and now 74, 70 points. we are down, it's a lower opening. left-hand side of the screen, lots of red. okay, here is the question. is this the beginning of a pullback? we have experts to answer the question, ashley webster, scott shellady, jeff sica, again, are we go to see the pullback? does it start now? scott shellady over in london, you don't have a british accent, go. >> first of all, stuart, markets are allowed to open lower, they don't have to
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always go straight up number one. number two, we've had such a great run since the election there will be days like this, but overall i think that donald trump is willing the people to will themselves to get them out of the doldrums. he's doing a pretty good job, but we're going to have to see the rubber meet the road and numbers comes in better. stuart: jeff sica, are you agreeing, this is not the day when the market pulls back significantly. remember, we've got a three-day weekend for the market. >> we've got an optimism and i groo he with scott. we have to remind ourselves the market is headed to a cries and-- >> what's that mean? >> investors will ask themselves first of all, whether the rally since the election until now is justified. people borrowed to buy and the
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market are up and people have gains. the smart thing to do when you have gains is to begin it take them. my concern is it that this sentiment has been so dizzying, so optimistic, that you're going to have days where it's a lot more severe than just the 100 or so points. stuart: look at this, the market, the value of all stocks, according to the wilshire 500, a broad-based index, value has gone up by 2.7 trillion dollars since the election. that's the trump effect rit large. you can expect some people to take some money off the table. ashley: and after president trump made it obamacare and tax cuts and relief, he made that clear and the market did have a dip. >> donald trump in his honesty
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said he's inheriting a mess. he's inheriting a mess by him saying that, i believe he's preparing us, correctly so, that this is not going to be easy. there's been a lot of damage. you look at how many small businesses have gone out of business, replacing obamacare, and all the controversy that's going to come about because of the tax cuts. he inherited a mess and a mess can't always be cleaned up in a day. i knowe ha the quick fix people out there, the bulls that think that everything is going to be fine, but the reality is, we've got a tough road ahead. stuart: i have to imagine that every investor is thinking when is the pullback coming is it today or how big will it be? everybody is asking that question and there are obviously no firm answers to it. i want to bring you up-- now we're down 86 points for the dow industrials, we're back to 20,500. okay? now, facebook's chief--
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i hear scott shellady laughing, all the way from london i can hear the guy. mark zuckerberg has posted a manifesto, he's going to save the word. i think it's a glorified ad for facebook. >> he's going to show by doing this, firstoff the influence of facebook to reach this many, hundreds of millions of people is going to be evident and what we have to realize is that he does have a lot of influence and he's going to use it no matter what. stuart: it doesn't affect the stock price, what he's doing with this-- what affects facebook is the earnings and number of people that they are reaching and the signups and how long people spend on facebook. that's the story. >> facebook has been a brilliant company. whether he believes in what's going on in the world and if he wants to use the platform that he earned through starting this company, he has the right to do that. stuart: yes, he does. >>, but we have the right to not listen to him. stuart: very true. >> and just focus on the stock. stuart: i can hear scott shellady. what are you laughing at,
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scott? come on in. >> look, again, i suffer from common sense. yes, facebook is a behemoth and touches millions and millions a day, and every now and again, a guy feels guilty about how much money he's making and gives back and-- >> the guilty of the elite. if i'm in the elite, i feel no guilt whatsoever. workers at boeing plant in south carolina, they have rejected union membership and that's right before president trump visits. he visits today. meanwhile, at the epa, holdover bureaucrats from the obama administration's years, they are actively calling senators and telling them, hey, you've got to oppose scott pruett as the new epa guy. i call that sabotage, is there any other name? >> no, it's like a den of vipers within the government officers. stuart: they don't do that, no, that's not what they're suppose today do. ashley: they're doing it. stuart: you can't fire them
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either. ashley: of course not, they're government workers. stuart: you've got a job in the government, you've got a job for life. ashley: and-- >> more on obamacare, united health. ashley: no, this is a different story, it's accused in a lawsuit, united-health group, one of the largest health insurers out there, accused in a scheme to basically allowed subsidiaries and others to overcharge medicare by hundreds of millions, quite likely billions of dollars. stuart: united health is a dow stock, therefore, when it comes down, 2.7%. ashley: there's a reason. stuart: that affects the dow jones industrial average. i believe it's taken 25 points off the dow industrials. if it wasn't for united health, the dow would be down only 40 odd points, remember that. do check the big board, we're down 74, united health accounts for 25 of those points lost. look at deere, yes, the track
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for people. i've got a john deere tractor, love the thing. >> and 10 cents, it's almost dead flat despite the higher sales forecast. lower sales at campbell's soup. now, this is a giant conglomerate here. they were hurt by weak demand by the v-8 beverages, for broth and for condensed soups, okay? the stock is down 5%. weak sales forecast at least from smucker, another huge conglomerate, folgers and pet snacks may be a drag on that company which is down 2%. going the other way, unilever, now, there's a giant company for you, their stock went straight up after a bid from kraft heinz. okay. is it lori? yes, lori rothman. how big a deal was in? >> a huge offer. analysts say this could be one of the biggest deals of all time cross any industry.
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unilever says $50 a share, about $143 billions not enough. now, kraft thiis the first offer, seems okay with that. the statement this morning, we look forward to reaching an agreement on the terms of transaction not hostile in the least. unilever is a different story, they say we see no reason to continue discussing this. kraft heinz, an all-time high gain over 7%. stuart: if you added together all the brands from unilever and then added them to kraft heinz, we would be here all day reciting the brand names because it certainly would be together would be just the most gigantic conglomeration ever, i think. ashley: second only to nestle. combined sales 7 billion less. stuart: how about that? next case, the owner of snap, it used to be called snapchat, now it's snap. they've cut the ipo valuation
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from about 25 billion down to around 18 billion. it will still be the most talked about ipo, you know, selling shares to the general public. most talked about of the year. jeff sica hates it, don't you? >> yes, and they're trying to come off being conservative by cutting valuation from 25 billion to 18 billion. the fact is the company made no money. they lost a half billion last year and they're losing subscribers, fed their lunch by instagram which has a similar type of service and they expect to come out and have with a $18 billion valuation, if they do, that shows the market is insane because they don't deserve it. they deserve a much lower valuation. stuart: as i said, jeff sica hates snap. who owns instagram?
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>> facebook owns them. and millennials, the core for snap, they love instagram and they love instagram more. snap is a trend company. it is not a facebook and it's not even a twitter, it's a trend. stuart: he's fired up. let's go to scott shellady in london wearing his cow jacket. how much do you hate snap, if at all? >> jeff is exactly right. and i'm-- it's not a facebook, obviously. facebook did much better before they floated and it's not even a twitter. they would love to be a twitter at this point in time. i've said before you've got to show me more. i think it's more like a gopro, so it's a snap-pro and we should be careful. stuart: how much can we down one ipo in one show? dear lord. i see london hasn't calmed you down scott, at a bit. >> know the at all. stuart: we've got prices for you, cabela's, well, they took
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a hit yesterday, hit by slower gun sales. we call president trump the worst gun salesman in the world. president obama was the best. cabela's down a bit more today. i've got to say thank you to scott and jeff this friday morning, thank you very much, gentlemen, for being with us. much obliged. thank you, everyone. the big board, wre down lower today. down 71 points, 25 points accounted for by united health which is down sharply and it's a dow stock. 25,500 what-- 20,500, can you believe it? and the president is about to leave to south carolina, the deal maker in chief is moving at a break-neck pace and we're on it. the united oil workers wants tesla workers to unionize, full details are coming up for you. ♪
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you made a deal a long time ago." now, it's congress' turn. tell them to protect medicare.
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of silver last year at their 2 mexican mines. their recent mine acquisition in peru, once fully operational, stands to increase their production up to 75 percent. great panther silver >> we're doing obamacare, we're in final stages and we should be submitting the initial plan in march, early march, i would say. and we have to, as you know, statutorily and for reasons of budget, we have to go first. it's not like-- frankly, the tax would be easier, in my opinion, but for statutory reasons and bugetary reasons we have to submit the health care sooner so we'll be submitting health care sometime in early march, mid march. stuart: you heard it there, submitting the health care, the obamacare repeal and reform early mid march. come in, please, grace marie
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turner who knows more about obamacare than i've had hot dinners. good to see you again, grace marie. thank you for joining us, and now, let's get-- i know what the president said, but i want to hear it from you. when are we going to have obamacare repealed and replaced and it's gone all the way through congress? how long does that take really? >> i believe it's going to happen probably by the end of march. the leadership set the 19-page really detailed outline of the plan home with members as they face their town hall meetings. they understand enough of the details and most of the legislation is written, they're negotiating back and forth with cbo and it will be marked up, i believe by the end of february. stuart: do you know the broad outlines without getng into the weeds and tomuch-- do you know the broad outlines of what will replace obamacare? can you tell us? >> two things, first of all, they are going to create a safety net for the people
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currently on the program. so people don't lose coverage again. they're going to build a bridge at the same time to new coverage. so, if this is going to be something, i think, that people find will be flexible, will be supportive and is actually going to, stuart, work with the market. the obamacare took a club to the market, they said we're going to beat you into submission to our political will. it didn't work. so, they're trying to figure it out, what works for people and what works for markets. stuart: okay. our viewers are very interested in the timeline here because most of our viewers, they're investors and what they want more than anything else is a tax cut bill. now we find, you've got to do obamacare first. okay, we've got that, that's why we're interested in how long it will take to do obamacare. here is my next question, surely the democrats will delay at every opportunity and then maybe wheel in the courts and lawyers to slow everything down. have you factored that into
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your calculation? >> i absolutely believe they have and what they are planning to do, i mean, they really-- they've got 218 votes in the house if they do this right. they are working very hard to get 51 votes in the senate and they're going to use the reconciliation process so they can do this with only republicans votes. clearly they would like to have some democrats on board, but they don't need them to get it done. a huge imperative. everybody what they like the details or not. all the republicans have run on the platform of repealing obamacare. so they've got to be at the table to make this work and they're working with it to make sure the details of the policy work as well. stuart: thank you very much for calming us all down. >> it's going to happen, stuart. stuart: we like that, grace marie turner, please come back soon. we appreciate it. thank you very much indeed. now i've got an update on the russian naval ship up and down the eastern seaboard. ashley: we're told it's 19
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miles off the coast of norfolk, virginia, where the largest naval base is. it's loitering, is the official word. is it loitering with intent? it's 19 miles off the coast and in international waters. donald trump was asked about this, the president, among the amazing thing i could do is shoot the ship off shore, and everyone would say that's great. that's not great. i would love to get along with russia. stuart: he wouldn't say what his plan is for the russians or anything else. ashley: he said why would i tell everyone what i should do. stuart: the ships have been up and down the coast for decades. ashley: of course, they are. stuart: and check out the big board, please. we're coming back, ladies and gentlemen. we were down 85, now down 50 and 25 of those down points are accounted for by one stock, united health. i've got news of twitter, the ceo jack dorsey compares america's political climate to the arab spring. not sure of the correction,
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what do you make of this. ashley: reading his comments he says a lot of the patterns we've seen during the iranian green revolution and the arab spring, stunning to see how twitter was used, when i there with the arab spring and it was facebook this and facebook that. he's trying to do, civil unrest comparable to the air spring, he was at a conference, trying to talk up his company and make money-- >> that's the point, you can't get aturresident with the best bull horn in the world, you still can't make the money. all right, check out the market scan, an idea of the overall market and how it's shaping up. a pre dominance of red and we're down. and the latest tally on the number of refugees coming here
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from the places that president trump wanted to restrict travel from. good story coming up next for you. ♪
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and said, you can't do that. since that order was blocked, how many refugees have entered this country and from where. ashley: since february 3rd, 2,576 refugees, of those, 60% came from five of the seven terror hot spots that were included in the restriction. 532 from syria, 472 from iraq, of those more than 65% from muslim. stuart: that's the significant proportion of people. ashley: identified themselves as muslims. stuart: and we don't know how they were vetted, that's the point here, isn't it. got it. we have this for you as well. united auto workers, they want to unionize tesla. by the way, tesla stock has gone to record highs recently, it's pulling back a little bit today. what's that story. ashley: all part of them trying to buy american. remember those promotions,
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they're very much behind that, uaw leader dennis williams, hasn't met with trump. how about this in an opposite world, he's praising trump and calling on companies to produce more in the united states and supportive of donald trump and his criticism of nafta, the north american free trade agreement. he said we should be renegotiating. this is the union in lock step with donald trump. the only thing he doesn't agree with the travel restriction ban, we've had several employees stranded overseas because of it, but however, they're trying to get tesla to unionize. stuart: has the world turned upsidedown. ashley: it is. stuart: since when has the guy from the union in lock step with the republican before. and in tesla, get my union in because we support trump. and you tesla guys, you live on
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green tax credit subsidies. ashley: our money, taxpayers funded subsidies. stuart: it's a fascinating triangle. united auto workers union, elon musk, round and round we go. stuart: the next hour, we're a three hour show, don't forget that, please. air force one is going to take off, the president's plane, headed to south carolina to boeing. the dreamliner is produced there and he is going it see it. he's the dealmaker in chief. and boeing workers in south carolina just voted against union membership. i have a take on that in a moment. ♪ that college experience that i had.
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stuart: at this hour the president leaves washington and goes to south carolina. there is a big contrast here. he's going to visit boeing, private enterprise, america's biggest exporter. he is leaving d.c. bureaucracy, politics, the swamp. news this morning of another contrast. boeing's workers in the carolinas just rejected unionization. unionized federal bureaucrats in washington started a campaign of sabotage. there is a contrast. i will start with the sabotage first. it is a "new york times" story. at the epa, holdovers from the obama years, are calling senators urging them to block the confirmation of scott pruitt. scott pruitt pledge toddies mantle many climate regulations. "the times" says act of
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defiance. i call it sabotage and thoroughly wrong. bureaucrats take ords om the boss. they're not supposed to undermine m. by the way you can not fire these people, they protected by public sector unions. here is the contrast. private sector union people are strong backers of the president for the large part. they like the jobs he is promising. the president is visiting boeing to check out the dreamliner. he will get a warm welcome. what a contrast. the elites in washington do everything to undermine your new president. the is being offers support. the seg hour of "varney & company" is about to begin. ♪ ♪ the president is set to use the plane.
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he will head to boeing, the numbers voted against unization. ashley: by 75% of margin. they didn't want any part of national association of machinists and space workers. stuart: i am really surprised to do that such a large margin at this particular time. ashley: wasn't close. stuart: in contrast, we have forries at "the new york times," epa people are calling senators and urging them to vote against the confirmation of scott pruitt. he will be confirmed today. there is a vote today. epa bureaucrats telling senators you have to vote against him. charles payne is here fortunately to kwamme down. they're trying to undermine the trump administration and i will use the word sabotage. am i too strong on this? >> no, you're not. they're trying to sabotage of one of the key -- the epa became
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ultimate weapons after the supreme court rulings on the clean air act. in fact the obama administration wielded it like a weapon, brutalizing several industries particularly in the fossil fuels area. there are idealogical differences. bureaucrats try to protect the turf from administration to administration, to your point they can't be fired n this case it is even more intense because of this deep idealogical differences. one believes in global warming. one believes in free enterprise. this is almost a religious war going on. stuart: exactly. it's a religious war. that is what you got. i call it sabotage. payne, you say. hold on a second, breaking news on accenture. what is this? ashley: yeah. the i.t. company says it will create 15,000 jobs in the united states, invest nearly 1 1/2 billion dollars to train its employee and open 10 innovation centers in cities across the country. behind the headline, they are
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trying to get ahead what they see protection it visa program for the i.t. sector. they're saying fine -- >> ceo, the woman ceo of the company was at that trump-trudeau women's forum. interesting it happens on the same week a ceo meets in the white house with the president and just within a matter of days announcing a big job -- stuart: accenture is not all-american company? ashley: domiciled in dublin. most of the employees are in india. >> it's a globe company but the fact that they will hope up a create american jobs. doesn't hurt. stuart: okay, doesn't hurt. that's for sure. the stock dead flat, unchanged whatsoever there. let's look back at the president's plane again. we're waiting for him to get on it and fly off to south carolina. he is visiting the boeing plant. we're keeping you in touch with that obviously. this is live action presidency. that is what we do. this is us. ashley: it is. stuart: that's what we are, we do.
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i think our viewers like it actually. check out the big board. we're coming back. we were down 85. now we're down 40. a lot of that loss by the way, covered by united health which is a dow stock and down sharply. a couple of big-name stocks, not necessarily in the news but we follow them frequently. amazon getting real close to an all-time. now at 84. apple at 135. microsoft, $64 a share. i do own a tad of microsoft. here is the big mover, unilever, that is a giant -- anglodutch, brit, holland kind of thing there. ashley: yeah. stuart: kraft-heinz has made a bid for unilever of $143 billion. ashley: yep. stuart: unilever says it is not enough. ashley: you're undervaluing us. stuart: the thing is, most people don't realize how many brands are in the unilever
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umbrella. ashley: half of every aisle in every supermarket. stuart: they owns supermarkets basically, theselves thereof. any comment, payne. >> we might just have one food company. stuart: big food. i want to get back to president trump's, the script says spanking of the media. i'm not sure i like that expression. nonetheless watch this. >> our nation's reporters and folks will not tell you the truth. the press has become so dishonest. the press honestly is out of control. the level of dishonesty is out of control. the hatred and venom coming from his mouth. the hatred coming from other people on your network. lookwhen i go to rallies, they turn around start screaming cnn they want to throw their placards at cnn i certainly didn't win from listening to you people. where are you from? >> bbc. >> there is another beauty. false, horrible, fake reporting.
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tomorrow the headlines will be donald trump rants. i'm not ranting and raving. >> attack of fake news and attacking our network i want to ask you sir -- >> i'm changing it from fake news though. very fake news. i want to find a friendly reporter. stuart: look, i thought it was funny. i thought it was wildly entertaining and in parts, it was truly funny. i watched it all the way through, i laughed out loud. i give an lol, okay? here is the media reaction. watch this. >> it was unhinged. it was wild. >> bluster, bravado, exaggeration and a few loose facts. >> bizarre, contentious. if we're looking, we're getting enzyte into the mind of our president that he is just obsessed with coverage. >> it was like a guy almost like, on a couch explaining his problems to his shrink. >> it was sprawling. all over the place t was a road map of his mind. it is very disturbing road map in many regards. >> you have presidents take
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office. many are in empowered to get bigger. a president in that press conference looked smaller. stuart: i guess they didn't really like him. tammy bruce, look, i thought it was entertaining. i think he captured a large audience because you have to watch that thing. it was entertaining. what say you? >> what you saw, media were drowning in smug, weren't they, they were shocked. were shocked. this is what i learned from radio and social media yesterday. not only did the base love it, independents, people on the fence, waiting and watching him, they loved it too because it was clear, it was distinct. there was leadership. he was confident. in all the obstruction and all the mess from the media and what washington and congress is doing, it has been vague the same kind of garbage they have been dealing with. suddenly campaign trump, who is, this is new sense of transparency by the way, that you know you're hearing from the man and that is clear. you might not even like all of
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it, but you weren't only one laughing out loud, laughing not at him, but with him because you knew what root he action was going to be. stuart: it will take a while to get used to this, because that is very different style, very different tone. we have never seen anything like this before. >> needs to be a combo. stuart: yes. but it's different. it's new and we're going to have to get used to it because that president is not going to change. >> he is not. we've seen him being able to speak presidentially. we'll also see, this is really campaign rally in many different ways. americans want leadership. donald trump is giving it to them. stuart: let me pick up on part of what the president had to say, at that press conference. he told the journalist april ryan of american urban radio networks, he wants a meeting between him, the president, and members of the congressional black caucus. watch this. >> are you going to include the cbc, mr. president, in your conversations with your urban agenda, inner-city agenda -- >> am i going to include who?
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>> going to include the congressional black caucus? >> will you set up the meeting? are they friends of yours. >> no, no. stuart: charles payne was he racially insensitive? >> racially insensitive, no, but some people can take it that way then. sense that she would know all the black members of congress. i think more importantly it is her beat. she covers the politiceat. i would think anybody in that room might know the majority if not all of the members, black members and white members about congress because that is their beat. you know, but having said that, i think bigger news perhaps we will get a meeting. people should know that president obama did not meet the with the congressional black caucus for a year when he got in office. it would be great to see that happen. stuart: congressman jim clyburn, he is a member about the black congressional caucus off-camara, read this. this guy is very irrational.
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i'm not going to attempt to offer any rational thought about any irrational behavior. >> look, i think what everybody say, what i saw in the exchange with april, this attachment of the press with their special favor people, politicians in congress. that they're actually advocating for the democrats, or the congressional black caucus. that it could have been anyone. she was very aggressive hely kind of advocating -- >> she does that every question. >> most reporters do, i think the point mostly was, he is seeing the press as advocates for politicians. i think that is how he was responding. stuart: why doesn't somebody point out that most members of the congressional black caucus, i think i'm saying this, boycotted the inauguration? they didn't go? >> a large percentage. i don't know the exact number. you know what? that should behind us now. i love the idea, hey, president trump says i would like to meet with them. let's look forward to make it happen. >> move past it. >> let's go ahead and get the country moving in the right direction.
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i think a lot of people, particularly when he brought up chuck schumer, i think chuck assumers of the world are very worried may get younger black leaders, not the older guys, because the older guys have the scars of the civil rights battle that will never heal. they're just won't. stuart: right. >> but younger, more open-minded leaders within the black community, and they see a president who reaches out to them and delivers, that could hurt the democratic voting base for a long time. stuart: i think you're right, charles. thank you very much. the dow industrials down 48 points. that's where we are. we will be back after this. ♪
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stuart: president trump has removed some of the regulations that were on the back of the coal industry. he wants to liberate them, i guess. does that mean, that in the future, we're going to see coal can make a significant comeback? charles payne is on this. what do you say? >> it will make a comeback, a major comeback. so has nat-gas they compete with. robert murray has been on my show a lot, on your show a lot, he can compete with natural gas, get all the stuff out of the way. unfortunately some of the damage can't be undone. talking so many jobs killed, so many power plant either shut down or begun the process, you know, that will hurt the demand no matter what. stuart: coal stocks down this morning. >> i'm surprised. arch coal got an upgrade, arch. put that one up. stuart: the hope for coal is clean coal, the new technology to clean it up, isn't it, that is the hope? >> general electric bought a
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company th crushes coal i think $20 billion, $30 billion, the french company. the ceo of ge went to france to promise he wouldn't lay people off. around the world outside of america, coal is number one source of energy and fastest gr it is nuts that we should be suffering when we have the biggest supply. stuart: the president fulfilling his promise. you got that right. thanks, charles. look at this quote, this is a stunner. read this, sports fans. there is a whole area of climate so-called science more like a cult. it is like hauerry krishna or something like that. they're glassy-eyed and they chance. it will potentially harm the image of all science. wait for it, that is from princeton, emeritus physics professor, former director of the office of science at department of energy, william happer that joins us now. professor, that is about a strongly-worded statement i ever heard. are you anti-the climate science
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people? >> well, yes, but let me take this opportunity to apologize to the hari krishna people. noble goals and, i really am sorry i used that that simile. stuart: what are you saying, client scientists walk in lock stop, they're not allowed to break out? >> no, there are many good climate scientists. i especially climate scientists who do measurements from temperatures from satellites, property of the ocean, from buoys, concentrations of co2. these are good scientists and we should support them. i'm all for them but there is a cult that is built up around them, you know, anytime you confront them, instead of talking about the science, they talk about, 97% agree with us, we have to be right, you know. so that is what i meant by a
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cult. stuart: could i, could anyone get a job in the climate science department of a major university if they're not gung-ho global warmers? >> i don't think so, certainly not for the last few years but i hope that will change because there is a lot of important climate science that ought to be done and i hope it will be done. stuart: you're not a skeptic, are you? you do believe that the climate is changing, and it is human beings at least partly responsible, that i think is your position? >> yes, i think the human contribution, however is very, very small. you know, i think most of the climate change we're seeing is natural. climate has always changed. who denies that climate changes? you have to be completely blind to deny that. stuart: is the planet, can the planet be saved? are we doomed? that is what we constantly hear.
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we have only a few years left? >> no, i mean of course not. it is a problem with science illiteracy. most people don't realize that the normal co2 levels have typically been measured in thousands of parts per million, not puny 400 or so we have today. and the earth thrives, so the idea that the earth has never had high co2 levels is completely false. most of the time it has never had such low levels we have now. so why don't you learn some facts out here. stuart: we never hear this. we never ever hear this. i have to ask you, sir, are you going back to prescription ton today -- i know you're coming from princeton studios? are you going to teach a class today? how welcome are you on the class of princeton university? >> will, first of all i'm retired from teaching. secondly i teach physics. so i teach quantum mechanics, electricity and magnetism. we're still teaching. i don't teach climate.
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i am welcome on the campus. stuart: you are? we're very pleased to hear that, sir. you're very welcome on this program. anytime you want to come back you better come back, because we like you. >> you thank you. stuart: professor happier, thank you sir. who would have thought? who would have thought? the dow jones industrial average is indeed coming back. we're back, we're down 45 points. that's it. how about this? thousands of refugees settling in america since the president's travel order was halted. the vast majority of those refugees come from terror hot spots. a new york congressman talks about that in just is second. ♪
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stuart: the acting chair of the dnc donna brazile. she claims i.c.e. arrests are making the country less safe. here is her statement. we gain nothing, absolutely nothing from splitting up families, targeting immigrants with no criminal record and arresting people brought to the united states as children. i.c.e., the immigration people. they're taking a different stand. denying president trump enacted a national raid against immigrants. in series of tweets, here we go. reports of i.c.e. checkpoints and sweep or round ups are false, dangerous and irresponsible. these reports create mass panic and put communities and law enforcement personnel in unnecessary danger. charles, i distinct hely remember seeing president trump yesterday say how much he welcomes and enjoys having the d.r.e.a.m.ers in our country.
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he went overboard. he deliberately pointed that out. >> he pointed out the vast majority want to be here, have certain passion but agonizing over the fact he is the law and order president and we do have certain rules. we understand our kindness as a nation has been our weakness with respect how we fought terror in the past or how we deal with our borders right now. it is a complicated situation. he was extremely, this is one area that he is ripping him apart. he has a lot of passion about this. stuart: i think you're right about that. tammy? >> last spring the obama administration did a roundup of over 1100 criminal illegal alien gang members. i.c.e. knows who is who. we know that the people of that age in gangs fit within the d.r.e.a.m.er age category and introduction to the country. fact of the matter those are same people victimizing the immigrant communities. they're victimizing other young people. ms-13 recruiting aggressively certainly in d.c., secretary
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schoolchildren, junior high around high schoolchildren f we're concerned about families and young people, we have to get them out of the country. stuart: you disagree with donna brazile? >> i slightly, yes. stuart: can see that by the way you better watch charles payne. he has got a show on the fox business network. >> a spinoff. stuart: i didn't say it. >> it's a spin-off though. stuart: you're not a spin-off. it is calle "making money wh charles payne." it is a wild success. 6:00 weeks days on the fox business network. it's a great show. beating them hands down. >> thank you very much. stuart: we like that especially. the market shows a 50-point drop for the dow jones industrial average. half of that loss accounted for by one dow stock, united health. 2 1/2%. a lot of red on the market scan. prime minister of israel, benjamin netanyahu, says trump has a quote, grand mission, he will join forces israel confronting iran.
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♪ stuart: why are we playing this sugary song from ""aladdin""? i will tell you, why, it is a whole new world. have you ever seen a press conference like that one yesterday? it's a whole new world. that is a fact, okay. watch this. now, next case, israel's prime minister benjamin netanyahu, he told sean hannity that israel and the u.s. have a grand mission to confront the
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threat of a nuclear iran. watch this. >> we have a grand mission, and it is not a mission that we invent -- can we didn't invent these icbms. we didn't invent their nuclear program which they seek nuclear weapons, we didn't invicinity terror throughout the middle east and world. they believe they ar dtined to govern the world. anybody that doesn't agree with them they sub. >> kate or kill. you have a, much bigger problem. stuart: next year. our next guest is the only jewish republican in congress, new york's lee zelden. welcome to the program. obviously first question is that nuclear deal with iran, flat-out, totally dead? >> i wouldn't say it is dead right now. i'm someone who wishes it was never entered into the in the first place. i believe it should be dead.
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i don't know exactly what the next, 10 steps will look like here as far as our relationship with israel and iran and, folks in that region but i will say this with regards to the nuclear deal. one is, you know, for those who say this is a deal that prevents iran from getting a nuclear weapon, it is actually a blueprint for how iran obtains a nuclear weapon. while iran can't help themselves to cheat and we'll catch them cheating along the way, if they don't cheat and follow the rules in this blueprint they end up with one, one blessed by the international community. what is important for us is to actually enforce the iran nuclear deal, ramp up sanctions on all of the bad activities of iran with regard to their ballistic missile program development. their financing of terror, overthrowing foreign governments. when you have leverage back on the tablthat brings iran into a position where they're begging for relief again, we're going in a different course than what we saw president obama do.
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so i don't know if it is necessarily dead can yet. but i do know that president trump has a better grasp on reality than president obama did as far as what this nuclear deal means and doesn't mean. stuart: okay, i want to ask you about the president's executive order restricting travel from those seven countries. it appears now, that after that travel order, that travel restriction was stopped, 60% of the immigrants entering the country have come from those seven predominantly muslim countries. in other words, that is quite a few people come in since the order was lifted, and they came from those countries. what do you say about that? >> i supported the president's order. the court made the wrong decision in stopping it. the president is correctly talking about rewriteing and reintroducing a new order for a new temporary restriction ontravel from countries that were identified by the last president and congress as
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countries where there is a threat posed to the united states interests both at home and abroad. the president, this is not a permanent ban on travel from these countries. he just wants to get a better handle on the vulnerabilities that exist. there is a vetting system to see where we better secure our country. it is a very reasonable position. stuart: a lot of jewish people said, we don't support that executive order on the grounds that it is religious discrimination. jewish folks know a lot about religious discrimination. are you firm in your support of that travel restriction? >> i am and it's based on countries, not based on a religious test. and, there are also 40 other majority muslim nations that weren't included in that executive order. this just so happens that the threat that exists to the united states is coming from some nations tt armajority muslim. but i think that the executive order from that respect, it
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wasn't drafted as a religious test appropriately. stuart: there will be a new executive order next week on immigration. don't know what it has got in it, but it might redo the executive order turned over by the courts. that is the news coming next week we believe. congressman, thanks for joining us. >> thank you, thank you, sir. can't get away from that press conference yesterday. it really was quite something, was it not? the president gave a real lashing to the media. watch this. >> it was unhinged. it was wild. >> bluster, bravado, exaggeration, and a few loose facts. >> bizarre, contentious. if we're looking, we're getting insight into the mind of our president, that he is just obsessed with coverage. >> it was like a guy, almost like a couch explaining his problems to his shrink. >> it was sprawling. it was all over the place. it was a road map of his mind. it is a very disturbing road map in many regards. >> you have presidents take office.
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many are up poored to get bigger. you have a president in that press conference that looked smaller. [laughter]. stuart: it is friday. just after 10:30 eastern time. so you no who is here? >> yes, yes. stuart: it is juan williams. >> yes. i am the man's personal nemesis, audience. stuart: you are? >> that's right. i come to play with you. stuart: you do. >> like a muse. i inspire you, but at same time he irritates me. stuart: when we were running those clips of the pompous media , oh bluster and bravado. >> yes, yes. stuart: you were laughing. >> i was laughing because i thought this is pretty ridiculous an funny. you know, even a republican saying president looks smaller. everybody has to agree, if they're honest, what incredibly entertaining performance. stuart: precisely. precisely. >> what do we need reality tv show. we need "varney & company," but
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the rest go to trump. stua: more people watched that press conference and reruns and clips, than any other presidential press conference in history. that is my point of view. that means president trump reached over the heads of the establishment media and communicated directly to america and i think they watched, they liked it. it was entertaining. >> they liked the fact it was entertaining and fun. people on the right when i can get up, this is amazing. he is really lashing out, as you put it at the media. people don't like the media. stuart: does it trouble you, juan? this is serious question. >> okay. stuart: this is really something different. we've never seen anything like that. does it trouble you? >> i've covered white houses sense reagan. i never seen anything close. to that degree, out of control. that is what you get with stream of consciousness. you get him saying things that, to me, maybe he believes them. i don't know but it doesn't make sense. if you say to me, oh, these leaks, yes they're very real and problem but the stories that are produced by these leaks, that is fake news.
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seems to me, i have can't square that. that is like a conundrum. how do you make sense of that. you say, you know what? all this stuff about mike flynn and russia, fake news. mr. president did you fire mike flynn. mike flynn did nothing at all, wrong. but, mr. president, you fired him. stuart: he got to you. he got to you. >> you were delighted by this you are delighted by this, stuart. stuart: you know what i liked, when president said look at wall street, look at phenomenal rally around it is not reported by the media. do you know that since the election day, since november the 8th, america's wealth as represented by the stock market has gone up by $2.7 trillion. that is all president trump. that is expectations of growth, in the future. that is president trump. we all get a piece of that. we all share in it of around media is nowhere. >> media is nowhere? oh, my gosh, we have been watching as the dow approached 20,000 --
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stuart: show me. >> looking for it. already broke it. stuart: show me. here is the "new york times," here is the business section. show me where they're telling that america has gained $2.7 trillion sense the election? >> this is not a shock. in fact the previous president, i forget his name, something with o, that guy, actually the stock market weren't up thousands of points during his eight years. stuart: because of the federal reserve. yes, it was. it was. federal reserve. >> consumer confidence, unemployment. stuart: it was the federal reserve. >> people say we have almost full employment in america today. that was before trump. maybe some context explains why people aren't shouting. stuart: can you say federal reserve? say it. >> oh is that right. federal reserve. stuart: there you go. >> federal reserve and janet yellen, right? no friend of mr. trump apparently. mr. trump doesn't seem to think much of her but she may in fact, beuse the economy is going so wellaise rates. stuart: janet yellen who
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financed the unsuccessful economic policies of barack obama, that is what happened. >> i see. so up successful your family and my family have now been seeing growth in our economy for i think 72 or 74 straight months? stuart: the worst recovery since, from any recession since world war ii. >> this is good news. don't put america down, stuart varney. stuart: oh, that is nasty. ashley: game on. stuart: when have i ever put america down? >> when you badmouth our country -- the fact we're not in recession. we continued to grow, it is too slow, wait a second, i am grateful, i feel blessed that in fact our con he my continues to perform, outperform any other country in the world. stuart: i am blessed to be an american citizens. i am blessed to be a voter. i am blessed to be in favor of a real growth program that comes in the future. that is the blessing. >> let's hope president trump is watching stuart varney this morning. stuart: he is. >> he gets busy on tax reform
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and stops with the press conferences. stuart: unless he is watching on air force one but he does watch. >> press conference to rally to mar-a-lago. what about tax reform? stuart: where did that come from? >> you are always complaining that obama guy, he plays golf too much or he is out campaigning. why isn't he governing? why isn't he getting something done? where is trump. stuart: you doesn't think he has done anything. >> i think he fired the national security advisor. i think he issued an ill-advised order on immigration, right. you want me to continue. stuart: probably not. >> that's what i thought. stuart: you do not destroy my audience. i worked hard to build it up. >> your audience loves you. that is why i come to -- stuart: i'm not -- >> not those two. i meant the audience. the audience loves you. >> we're paid. ashley: we're paid. >> you're paid to stay here. what can you do. stuart: are you on "the five" tonight. >> i'm avoiding there is big
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sign outside, stuart varney's bathroom. stuart: yes. >> is this north carolina? is that what it is. stuart: i have to have a dedicated bathroom, because just before 11 i have a short break in a three-hour show. that is my opportunity. >> i think i'm bringing the grandkids to see "aladdin." we'll use your bathroom, stuart. i want to see you bust in there. stuart: you can use the bathroom. i will charge you. williams, i think you're staying. i think we just busted through a break. we're asking you to stay. >> i'm delighted. stuart: producers, the man destroyed the ratings. [laughter] >> even the president's not watching us now. stuart: serious story, not from you, but from cheryl. what is the arrest of the guy who runs samsung? >> lee jay yong billionaire apparent of samsung, biggest company in south korea. arrested, accused of, get this, of bribing the president who has
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already been impeached in south korea. president park, remember her female president? now they're saying, half of the country that loves this guy and is supporting him. half the country says, throw him in jail. basically their trump moment happening in south korea right now. ashley: that is true chaos. that is true chaos. that is it. >> their government is in free fall because of bribery scandal. some say samsung is more powerful than the south korean government. a company is more powerful than the president of the south korea. stuart: that is very true in south korea where the vast conglomerates, maybe three, four or five basically run the country. they are very important. >> just put him in jail. back to juan. i had to follow juan williams. thanks everybody. stuart: i'm moving away from juan williams. got something far more important. >> i appreciate that. stuart: listen to this, we're going to texas. >> let's go. stuart: my kind of state.
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>> is that right? stuart: yes it is. lawmakers in texas are proposing a bathroom bill. >> nice segue. stuart: men to use the men's room and women to use the women's room. radical stuff, huh? in response, the nfl, the football people, they say, they may take away some big events from texas. texas attorney general ken paxton is with us now. i'm sure you've been listening to the banter before your visit here, mr. attorney general. what are you going to do about this? the nfl is threatening a boycott because of a bathroom law. what is going on? >> first of all the nfl has enough of its own problems deal with, worry about athletes don't respect the flag or violence against women's issues. stay out of texas politics and let us govern our own state. we're doing pretty well. stuart: what are you going to do? >> i know the ledge you're, i'm not involved in the legislature anymore. i was in the senate. they're working on a bill to
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protect schoolkids, kids at schools and government buildings from boys going into girls locker rooms and showers and bathrooms. that is all being worked out now. i think that what the nfl is criticizing. literally has nothing to do with them or businesses. stuart: mr. attorney general, on the left-hand side of the screen, i don't think you can see, that is marine one, the president's helicopter and the chase plane, arriving at andrews air force base or taking off from there. president is on board that. he is about to land, i should say. he is going to the boeing plant in south carolina a little later on this morning. ken paxton, why, i don't understand why there is such a big furor, such a big fuss about a bathroom law that says men go to the men's room and women go to the women's room? can you explain this to our viewers? because i don't think they understand. >> you know what? it's a mystery to me as well.
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think about it. we're not talking about businesses. they can do whatever they want. the state is not trying to regulate. all we're trying to regulate is schools so that when you send your daughter to high school or a junior high, she doesn't have to worry about a boy deciding on that particular day that he wants to come into her locker room or her bathroom or her shower. i have talked to lots of parents in texas, whether they're democrat, republican, different background, different ethnicities. if they have kids in the schools, particularly if they have girls in the schools, they don't want boys in their locker rooms or their showers or their bathrooms. stuart: mr. attorney general, hold on for one second. i want to segue to juan williams. i want to know if you agree with a law says men in the men's room, women in the women's room, want have a problem with that? >> i think you're creating a problem. i went to school. i don't remember girls running into the boys locker room. i don't remember that happening. stuart: the left says you have to have open bathrooms. anybody can go in.
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or you identify with this sex -- >> now we're here to the real issue. stuart: you have a problem with this? >> no. i think that people should be able to go in any bathroom they want. stuart: really? >> yes. you close the door on the stall, if you want privacy. and you do your business. i really don't think this is government's business. i am glad to point, lieutenant governor made about regulation is very key. uart: that is fascinating. juan williams believes you ould use any bathrm you like. >> you should come to my house. stuart: don't make a joke of this. >> it is the truth. stuart: are you serious? >> what is your problem here? stuart: are you serious? >> what is the problem? stuart: you want to do away with centuries of tradition and say -- >> oh, tradition. stuart: no, centuries of common practice men do their business in front much other men. women do it in front of other women. anything wrong with that? >> i think you should do your business privately. that would be best. stuart: ken paxton, mr. attorney general, straighten juan out would you, please? ashley: mr. attorney general.
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>> i agree with juan on one thing. used to be let local school districts deal with this. thisthis law is trying to protet school districts from the federal government telling them now, not just bathrooms, juan, do you want boys to walk into a girls lock are room or shower? some of those are not private. so, i don't, i don't think, very many parent in my state want their daughter exposed to any boy deciding on any day he want to do that. >> of course not. this has never been the case. i think real issue hire is about people who identify with a sex other than the one they were born with. the question about their use of the bathroom because, typically, back and forth, as you point out, if a boy, let's say young stuart varney, young english lad, he walked into the girls room he would be in big trouble and suspended from school. regulations of state, and federal government. >> you're right, juan. that is the way it should be, regulated at local level. what the federal government has
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come in trying to tell us, no, local school district, you can't make that decision. we're telling you lose school funding if you don't let that boy come into the locker room or into the shower you lose school funding. you can't deal with that on individual basis now. we'll take that away from you. that is what is going on here. stuart: mr. attorney general, hold on a second, on our screens right now, president trump just arriving at joint base andrews. he is on his way to soh caroli whe he will go to the bowing plant and -- boeing plant and workers and ceo at in south carolina. that is happening right now, live action presidency. mr. attorney general, ken paxton, a judge in florida ruled doctors can ask patients about gun ownership. i find that intriguing. what say you about that? i know it doesn't apply in texas but an intriguing question, whether or not doctors can ask their patients, you got a gun? where is the gun? how do you feel about this?
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>> well you know, i haven't gotten to read the opinion i'm not sure how they came down, my understanding tension between the first amendment right of doctors to, free speech and second amendment of right for people to deal with their guns. so, i think what the court did was try to balance those two interests as best they could. i will have to read the opinion to see exactly how they did that. that was my understanding of the decision. stuart: it came about because a doctor has said to a parent, i'm not treating your kid because you got guns in the house. that happened. so they went to court. the court rules you can't suppress the doctor's right to ask whatever question they wish of their patients. personally i'm in favor of that i don't see how you can restrict what a doctor can say to his patient. i don't think the law should come between a doctor and his patient. we can probably agree on that, mr. attorney general? >> absolutely. i think doctor has spree speech right and can ask any question they want to ask that is appropriate. they can treat whoever they want to treat. that is private decision.
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stuart: mr. attorney general, ken paxton, texas, thank you very much for joining us, sir. sorry to involve you with contentious bathroom argument. i think we got to the bottom of it. we won. thank you, mr. attorney general. >> thank you. stuart: we agree you lost on it. >> that is despicable. i can hear the bathroom or shutting as i'm leaving. stuart: hands down. >> nfl will lose on that one. how the nfl comes out after the super bowl. stuart: how dare you call me a name if i think that men should go in the men's room and women should go into the women's room. we are called, what is the name applied -- >> you're british. stuart: sexist. [laughter] deplorable. >> deplorable. stuart: must be homophobe if i'm doing this kind of thing. irredeemable. >> that is good point. you mine men come into your bathroom? stuart: what? >> homophobe. [laughter].
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stuart: don't throw -- >> you are so out of this is funny. this is not about men coming -- it is about people who are, i guess transgendered is the proper word and how they identify, whether they have a right to come into the bathroom of someone of the opposite sex. stuart: sexual predators say i'm a guy but i identify with women, so i'm going in the women's shower. that is what it is about. >> stuart, we in this country have had bathrooms and not had this issue ever. now, all of sudden -- stuart: but you may have this issue if this law goes through. wait, wait. you will have this issue if the federal government gets its wayo says, i'm a guy, i identify as a guy, that person can go into the woman's shower in a high school. you will create this problem. >> if you're a criminal, if you're a sexual predator or attacker, that, or given to sexual assault, you're going to
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jail in any situation. stuart: will you accept liability if something bad happens because of this law? no you won't. >> no. but they go to jail. they should be put in the dock and sent under the jail. ashley: but you're creating opportunity. >> i'm creating opportunity? the opportunity exists for people who are sick right now. if they want to run into the bathroom they can do it right now. stuart: your law makes it legal. >> stop it. doesn't make it legal. stuart: yes it us did. >> if you want to sit the rules, set the rules. but don't make the government get involved. i thought you were a libertarian conservative. stuart: the rules have been set for generations, for millenia. >> without the government. stuart: let men go with men, women go with women. now the government a new rule. >> new rule. stuart: it is your government that is doing this. you're creating the problem. >> i see. i think issue is previously we didn't have discussions about people who were transgendered, who had sexual identity issues. we didn't talk about people who
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were gay. when you have this conversation all of sudden you want government involved. very odd. stuart: we'll have to agree to differ. let's see -- >> here is what i agree on. you won. stuart: we agree on this. >> because you win every week. that is the whole thing. that is our schtick. stuart: that's good. very good. you will come back next week. >> i will come back. stuart: you're on, son. >> take care. stuart: dow jones industrial average, where are we? we're at, we are 60 points down. ashley: yeah. stuart: okay. we're 60 point down on the dow industrials. >> is that juan ace fault? >> oh, no, no. obama. thank you, obama. stuart: hold on a second. have we got that tape yet? we do. now watch this. this is president trump walking on to air, is it air force one? marine one. watch this. this is the president trump with two grandchildren. he is walking along.
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have not seen this tape, okay. i don't know what is going to happen. i'm told, very interesting. okay. walks on to marine one. ashley: so far -- stuart: must be fun to be the grandchild of the president of the united states. yeah. this is how we break the tension with juan williams. we put grand dade on the screen with two grandchildren walking nicely to marine one. must be fun to be the grandchild of a president. >> ivanka and jared are going with them. that ty are on air fce one which is interesting. stuart: you have grandchildren, don't you. >> i certainly do. stuart: do you bring them on board your helicopter. >> you can't go on stuart varney's helicopter. stuart: we'll watch them get on the helicopter, everybody. it is marine one. that is the president's helicopter. the young lad bounds up the stairs. i wish i could move like that. on board there is the president. >> stuart are you old enough to remember gerald ford? stuart: yes i am. we got to go.
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stuart: all right, here, the headline from "the new york times", epa workers tried to block pruitt in show of defiance. this is in reference to the president's head of the epa, scott pruitt, dismantle the has of climate rules in the obama years, epa bureaucrats are actively trying to undermine president trump, they are calling senators begging them to stop scott pruitt. they work from us and take orders from the new president and carry out president's politics. here they are trying to sabotage, that's my word, sabotage the new administration. this is wrong. they can want be fired. a government job is a job for life, you keep that job no matter what you do. two points, change the civil
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service rules. we pay these people, we should have some say in judging performance. second, epa workers, there's no room for this. please, mr. president, drain that swamp. the third hour of varney & company is about to begin. ♪ ♪ stuart: i believe that's frank sinatra. everybody would know the story himself. because president trump is heading to the boeing plant in north carolina, the markets, no real selloff. we are only down 60 points. where is the president going? why is he going there?
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ashley:hey are launching the dream liner which is going to made exclusively in south carolina which plays very nicely with his make america great again and keeping jobs here and doing manufacturing here. let's not forget tomorrow many bell bourn, florida, hold a rally which kind of got into that mode, didn't he in the press conference and rally mode there. stuart: campaign mode. ashley: he was. he would be cheered down by the base in melbourne. stuart: erin, campaign spokesperson for president trump. you keep up with the president, live action nonstop? >> nonstop and i love it. stuart: well, who doesn't? >> he's actually getting things done. stuart: is that ivanka trump's output? >> it's not that far from and it
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is ivanka trump. stuart: you're kidding me. >> i will get you more information. i'm not going anymore. this is ivanka dress. i feel like i should be supporting her and people at nordstrom and gyms, shame on them. stuart: i believe that there was a fashion event, i'm not sure where it was and ivanka was there, new york fashion week. >> tiffany trump. people wouldn't sit next to her. stuart: ridiculous and absurd. ashley: it's very aggressive. >> aren't the liberals about inclusion and loving everyone? stuart: someone refuse to go sit next to michelle obama?
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>> outrage. >> racist. i was talking about epa bureaucrats who were actively in opinion my undermining the president, don't put scott pruitt in the epa, i don't think they are supposed to do that. i think it's wrong. >> he's about to inherit 15,000 hospital employees and 800 former employers of the epa, hey, don't confirm him. he's absolutely ridiculous and all the partisan politics is just getting out of control and you know he's going get through. this is a completely contentious, the numbers are not lining up for him. >> scott pruitt, i will be voted on today to complement and he would probably become the epa. >> correct. stuart: but if he's got the work with this level of hostility from his own bureaucracy, i mean, he could be sabotaged big time from the inside.
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you cannot fire these people. >> our salaries are paying these people, correct? stuart: very difficult time to accomplish what he wants to accomplish within the epa and that's wrong. it's going to take time to do it. >> who wants that job? god bless him. this is not going to be easy for him. he has a big job ahead of him. i read an interesting article on the hills this morning, epa is to every puddle reserve. it doesn't just mean, you know, so i think there's a misconception about what it really means t have a job at the epa. stuart: let me refer specifically to what you're talking about there. you're talking about the waters of the u.s. rule. >> correct. stuart: they haven't put it in place. the epa wants to put it in place. in up state new york, if that
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would have gotten into effect, any yards 20 yards within a stream of my property, i have to ask my government's permission to move that rock. do you have any idea to ask permission from a government bureaucrat who is 50 miles away and you have to have a study done about how you move the rock. >> it's going to create a big government. that's what the republicans don't want. every puddle is not, you know -- stuart: we are glad to hear you say that. >> it's true. stuart: yaw may back on the truth. thanks a lot o. a bill to replace and repeal obamacare would be on his date early to mid-march, he's tweeting this this morning. despite the long delays by the democrats in finally approving tom price, the repeal and replace rent of obamacare is
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moving fast. joining us now american action forum president. do you share the president's optimism that you can get a bill out there in place by mid-march? >> i certainly do. the contours have been apparent for quite sometime, in the house. there have been meetings among the representatives to hear concerns, flush out details and they're going to go home now, talk to their constituents one-time and they will come back, we know how this process works. they'll mark up bills in energy and commerce and wys and means and they'll vote on the flo. all of that can take place by second week in march and then the senate can do the same thing. stuart: i would have expected significant delay from the democrats using all kinds of parol rentary tactics, but nonetheless i would expect delay. if that doesn't work, they'll bring in the lawyers.
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>> by law debate in the senate and only a majority need today pass. they don't have many options in this one. stuart: that means if we do get this done in place by mid march, along comes tax bill. that's what wall street really wants to hear. do you share that optimism that we will get into the tax cut bill relatively quickly? >> i certainly hope so. the schedule as speaker ryan has outlined it includes the house obviously moving first, that's what the constitutional requires, the senate moving as well by the summer. for that to happen, we ought to see the first draft coming out of the ways and means committee somewhere around the first of april and i'm looking forward to it. >> from the inside i'm told that the republican party is pretty much split on obamacare's
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replacement act and pretty much split on which taxes to cut and by how much. you discounting a split within the republicans? >> on replacing obamacare, i am discounting it because the split is really among things that are very similar. it's a matter of bigger or smaller, one member's proposal versus another. those are things that are normal and they'll get settled. on the tax front, i think it's very important that we see what the white house is going to support. the president has promised an outline in two or three weeks. that's a key moments in the legislation. because if they at odds with the house, that's a bad sign for getting something significant done in 2017. stuart: you're optimistic, obama is done by mid-march, you're optimistic about this? >> i'm optimistic that we are going to see action in terms just like that. in terms of getting the tax bill to finish line, i would go back to what i said before, the white
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house is the key and for the u.s. to get the significant tax reform it needs, it makes this the best place to invest, to grow, big efforts in the white house to get it done. stuart: okay, we will see it. thanks for joining us, sir. appreciate it. >> thank you. stuart: okay, i want to look at unilever. the stock is way up. craft heinz made a bid for the company. a giant company, all kinds of brands within the umbrella. we are told that unilever rejected craft heinz because it's too small? ashley: under british takeover rules, heinz has until march
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17th with a firm offer or it has to walk away. craft heinz will come back with increased offer. huge company. stuart: what a company. that would be gigantic. i can't think of a brand name that's not in that -- we have the headlines for you. a judge in florida has ruled that doctors can ask you about your gun ownership, details on that and much more just ahead for you. earning your cash back shouldn't be this complicated. yet some cards limit where you earn bonus cash back to a few places.
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>> many of our nations reporters
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and folks will not tell you the truth. the press has become so dishonest, the press honestly is out ofontr the level of dishonesty is out of control. hatred and venom coming out of his mouth, the hatred coming out from other people, when going to rallies they start screaming at cnn,i certainly didn't win by people listening to you, people, that's for sure. where are you from, cbc? tomorrow the headlines, donald trump rants -- stuart: i have to say that when the president asked the young man where you're from and he said the bbc and the president said that's a beauty, both ash and i are familiar with the bbc and laughed out on that one. at that time the president's first solo conference and he went after the media obviously you could tell. now the media responding.
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washington post, how could things get worse for trump? from cnn, trump's performance fuels worries about presidency going off the rails. "the new york times", here is a real doosey is it time to call president ill. the media only wants to generate bombastic histories stories about the demise of the trump administration and the general destruction of the united states,he media is getting a little ahead of itself. the stories are a tad early. that's pretty strong stuff. do you think the media only wants to talk about the destruction of america? >> too much of the media is commit today trump's down fall rather than just covering the reality of the trump administration. i think they have gotten a
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little ahead of themselves suggesting that trump selection is somehow to the tragedy of pearl harbor, that's over the top and crosses the line and discredits the press. it doesn't hurt trump, it discredits the press more than it hurts trump. >> i think the president defended himself and went on the attack on the media yesterday and -- do you think the president won the trump-media exchange? >> maybe he won yesterday but he's not going to defeat the press. they are here to stay. every president has had similar believes and issues and challenges from the media that donald trump is having today but now it's like he's trying to swat next with the baseball bat. stuart: i think you're wrong. i think he was so entertaining that the vast majority of americans will see some or all
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of that press conference and i think they'll like it. i think they will watch it and enjoy it because it's entertaining and that's our president's way of reaching over the heads of the establishment, the elitist media and going right to voters. i think he won. >> i think there are some aspects of it where he won the day but he won the battle, the war will continue and again i wish that he would think of it as less of a distraction. so what? let some of it roll off his back, take some of the criticism to heart and don't think about every day getting up and doing bat well the press. that isn't what the presidency is about. stuart: i think he should be his own press secretary. it represents himself better than anybody else. >> i think he believes that and it is true in every white house there's no better messager than the president. in his presidency it can't be about fighting with the press.
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there's big issues here. big issues here where we need his voice, congress needs his leadership. there's more to do. stuart: you're right, but i did enjoy it. [laughter] stuart: you did too. he's not out there suffering in pain. maybe he likes it too much. >> appreciate it. stuart: they have taken a hit because of the election of president trump. so cabella's is suffering, what else do we have here on the second item, the doctor in florida -- the court jgment i florida, take me through this.
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ashley: federal appeals judge said you can't restrict doctors from talking to patient about gun safety. taking a step further, do you have guns at home. stopping them from doing that is a violation of the first amendment, however, the court went onto say, well, also asking you that is not a violation of the second right -- the second amendment, right, to hold guns, so in other words, they say if you don't like it, get another doctor. stuart: you can't interfere with the free speech of your doctor. he can ask you that question but you don't have to answer it accurately. ashley: no, of course not. you get another doctor which is a pain in the neck. stuart: you could say it's nobody of your business, treat me. i think that'll happen. ashley: yes, we are. stuart: look at the coal miners in the oval office, you will see a lot of big smiles, some of the hard hats, that's because president trump got rid of regulation that is were hurting the coal industry.
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look at that since the election coal stocks, some of them are gone up, just a little. one of them has gone up a lot. details back in a moment. what powers the digital world? communication. like centurylink's broadband network that gives 35,000 fans a cutting edge game experience. or the network that keeps a leading hotel chain's guests connected at work, and at play. or the it platform that powers millions of ecards every day for one of the largest greeting card companies. businesses count on communication, and communication counts on centurylink.
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stuart: big event at the white house yesterday, oval office, the hard-hat miners, president trump signed executve order getting some regulations off the coal industry. can you tell me, ashley, what was the key regulation that he got rid of? ashley: it dealt with coal mining debris, the initial rule dumping by nearby stream. that's a way of putting it. stuart: dump. >> moving rocks around near water, you can't do it. it was called a job-killing law, the moment it went in. thousands of jobs lost. it would cost $15 million a year just to handle the compliance of such a thing, essentially shutting down surface mining was specially hit hard by this rule, now with the stroke of a pen, done, finished, they can go back to that type of mining and that's why you had folks in hard
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hats in the oval office yesterday smiling because a lot of people were put out of work stuart: and the president pull filled its promise. ashley: he did. stuart: thank you very much, sir. we have a loss on the dow industrials, about 70 points, that's not a huge loss, you have a 20,500 index, remember, please, it's a three-day weekend for the market. a lot of people want to sell before a three-day weekend. play some beatles for you on a friday. ♪ ♪ why pause a spontaneous moment? cialis for daily use treats ed and the urinary symptoms of bph. tell your doctor about your medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, or adempas® for pulmonary hypertension, as this may cause an unsafe drop in blood pressure.
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do not drink alcohol in excess. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have a sudden decrease or loss of hearing or vision, or an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis.
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we should be submitting the initial plan in march, early march, i would say. and we have to, as you know, statutorily and for reasons of budget we have to go first. frankly the tax would be easier in my opinion but for statutory reasons and budgetary reasons we have to submit the health care sooner, so we will be submitting health care sometime in march, mid-march. stuart: you heard the president saying that the replacement and repealing for obama plan early to mid-march. i want to bring in scott, ceo of
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e-health, they help you pick an insurance plan. i want to go become a little bit. a little back in time here. why is it that obamacare did not cut the price in cost of health care? >> it didn't start with the consumer in mind. it was a government-led plan. it was one size fits all, set very narrow enrollment rules and when they didn't hit the numbers, they missed by 50%, they relaxed it such that people can show up at the hospital and sign up for insurance when they were sick. stuart: that doesn't work, does it? that doesn't get the costs down. you did a survey of people who are using the obamacare and obamacare exchanges, i think, and you foundhat they liked the vague outline of the republican alternative, is that accurate? >> well, absolutely. 90% of the customers say they want more flexible benefits, i would say that's the hallmark of the gop plan that's permitting
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flexible benefits, everyone wants to be be able to chose the insurance that they buy. stuart: you can be the comment on the stock price but it is down today, down more than 1%. are you affected by the death spiral of obamacare? >> absolutely. you know, we have two segments of our business, we have medicare business that works for seniors and that's growing very well, but on the individual market healthcare.gov established monopoly for individuals to sign up to plans, what we are excited about in terms of the gop plan abolishes the government monopoly with healthcare.gov. stuart: anybody can buy any plan they like issued from whatever state they like and they come to e-health to figure out which plan is best for them? >> exactly. it should be order to pick
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health care like ordering a trip on kyak. not to mention the 10 billion-dollars of taxpayer money building and advertising on the site. >> the success of gop replacement plan is really all about a national market for healthcare plans, so if the insurer is based in connecticut can offer health care in california and contain whatever healthcare plan or coverage they like. that's where you come in because you figure out which plan is best for consumer. >> the service that we provide is we enable consumers to shop and compare and get the right plan for them. right now in two-thirds of the counties in the country there are only two alternatives and that's because the government forced a one size fits all solution. stuart: your comment, i know you can't comment on the stock
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price. i expect it to do well if and when obamacare is revealed and we get the national healthcare markets, can you say anything about that? >> well, i would say that if the private sectors compete, we are the advocate for consumer, we are neutral, we serve up all the differnt options for the nsumer and we put the power in their hands whee they get the chose the right plan for them and we get paid a commission from the insurer. everybody wins with the gop plan. stuart: okay, we will see how it turns. e-health. thank you. fred barnes is with us. fred barnes must be on board. fred, good to see you, sir. >> thank you. stuart: president trump says we are going to get the obamacare plan, initial plan in place early march to mid-march. he says it's got to go first. it cannot be tax reform.
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it's got to be obamacare first. you don't like that, do you? >> the tax plan needs to go first but there is reason that trump was talking about it and if you pass the obamacare replacement first it allows you to have bigger tax cuts and because it opens some more space for -- in the budget for tax cuts and that's -- republicans would like to do that. it would help their plan which they hope their tax plan, which they hope to pass by the august recess with congress, boy, they better pass it by then. stuart: do you think that's a realistic timetable, we had people on the program today say, yeah, mid-march is a realistic timetable to get that first initial plan for obamacare on the table andfter that, you n go after cutting, is it realistic to hope for -- i know you're laughing. is it realistic, though, for a tax plan before august?
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>> you know what, i talked to kevin brady, the chairman of the houses and ways committee this morning and he said it's quite doable and he also said it's our dream timetable so it's going to be hard to get that done, but here is why you really need to get it done, obama handed the republicans a very weak economy and it's not getting any better. by the end of the year if they haven't done something to really spur the economy, trump and republicans are getting blamed for bad economy. so boy, they better get it done and i will have to say talking to brady, there was a sense of urgency. stuart: they write the tax rules, they write tax policy. really it comes to brady and donald trump, those are the two who are going to sort this thing
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out, isn't cincinnati. >> there's a third one an that's mitch mcconnell in the senate because the house has to draft rules to get reconciliation rules so-called so the bill that passes the house can pass the senate and, you know, reconciliation allows to avoid a filibuster by democrats and take only 51 votes to pass the bill. but it's very tricky trying to meet these intricate standards that qualify for reconciliation. so it's more complicated than it looks but it's have doable and boy do republicans need to do it. stuart: i think you boosted the market there, fred. well done, sir. now, i want to get back to my editorial at the top of the hour, epa bureaucrats. >> sure. stuart: they have the job, they have the job now and actually undermining the president by calling senators and saying, hey, scott pruitt, the guy you want to run the epa, can't have
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him. i say that's sabotage, what say you? >> well, it's pretty open sabotage, that's for sure. i've never known this to happen where they object to him not because oh, they think he's unethical or have conflict of interest, they think this is purely about policy, they don't want obama's -- rather trump's policies and scott pruitt's policy to be implemented at epa. that's why it's not policy and look, basically they're trying -- i've never seen anything like this and, look, this needs to be a warning to president trump, for this reason, you know, he let the puzder nomination get out of hand. on this one, they do i do have two democratic votes for pruitt and they lost one republican. these things can fall apart very quickly. trump needs to make sure that he
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-- that republicans are on the board, on board for this. stuart: i believe the confirmation vote will be later today and it looks like he will be confirmed at this point. >> it does. stuart: we have reports that president trump can sign executive orders about the ep and he would sign the orders right after scott pruitt is confirmed if, indeed, he is confirmed. any idea what the orders are about? >> one thing is scott pruitt as attorney general, soon epa, to stop epa from going way beyond its legal authority in doing things with using these exotic legal reasons to justify crushing state environmental laws and doing whatever it wants. epa has acted so it would govern economic policy for the whole nation that would be no state, states couldn't do anything at
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all. pruitt filled once suit, epa cited some illinois town that said it was getting air pollution that was coming up the country from texas and oklahoma. they didn't have any justification for this. stuart: stroke of a pen and executive order you do away with that. >> you certainly can. stuart: that's real action. fred, thank you so much for joining us, we will see you next week. thank you, sir. we are awaiting the president's arrival in south carolina, he's going to the boeing plant. you'll see it. people are assembling already. you can see that. first the alumni glee club singing the national anthem. ♪ ♪
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>> hi, everyone, investors hitting the trump button today in the trump rally. markets still up over 1%. look at the winners of the dow jones industrial. record high as president is on his way to south carolina to talk about jobs. also on the winner's list chevron and united health groups. the u.s. doj is joining a whistle blower lawsuit that unh overcharged medicare hundreds of millions of dollars. watch that one. s&p losers today, campbell soup biggest s&p loser. get you back to varney&company. >> this business brief is brought to you you by
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companies across the state are growing the economy, with the help of the lowest taxes in decades, a talented workforce, and world-class innovations. like in plattsburgh, where the most advanced transportation is already en route. and in corning, where the future is materializing. let us help grow your company's tomorrow - today at esd.ny.gov stuart: understatement on you, the hollywood left is vigorously opposed to all things trump. i think i can go a lot further than that but i will leave it at that. here is an example. this is from the world of fashion. the president's daughter tiffan trump attended a fashion week runway show, no one would sit next to her. look at those empty seats. how about that?
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janine turner, author of a little bit vulnerable. >> good morning, stuart. stuart: fashion, entertainment, hollywood, they show absolute content for our president on a universal scale. can you explain it? why this venom for donald trump? >> well, you know, i move today hollywood in early 1980's, '79, '80, '81. they were all against ronald reagan. this sort of -- i was just told to sit there -- i was literally told to sit there and keep my mouth shut. so the ranting and raying against ronald reagan, this is what this reminds me of. i don't think president trump will do that they will ever like, ever. stuart: why? this level of opposition,
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evaluate of contempt, i use that word advisely. it borders on hatred. why is it so consistent that the mega rich of hollywood are so liberal? why? >> well, i don't -- i don't really know but i do believe it's based on ignorance, you know, it's more about passion and opinion. they all grew up in passionate and opinion and there's not a lot of knowledge and wisdom to back that up. and i read one of their call to action for the president's day rallies and it was a sort of contempt for the fact that they won the popular vote and, yet, president trump is still the president and so i kind of have some solutions to this. i founded and cochair constituting america and i posted it today so people could go read it because education and knowledge about why the electoral college matters is super, super important. i mean, if we do away with
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electoral college, then wyoming, nebraska and oklahoma and the rest of the fly-over states, they won't be relevant anymore. stuart: i have to ask you this. the oscars, a week from sunday the host this year is jimmy kimmel, he says he's going to get political. i mean, i could see coming a mile off, this is going to be awful. >> i don't know if i can watch them quite frankly. the only reason i would watch is for mel gibson. the movie stays with you forever and i want to support him, but i do have something positive for president's day. you want to know what it is? stuart: go ahead. [laughter] >> my foundation is doing a president's day study for 90 days, one every year about the supreme court and the landmark decisions that have progressed away from the constitution and so everyone can join that and
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they can call the representatives and fly a flag or put a flag on the internet and that's how we can oppose the rally that they are doing against the president on president's day. stuart: that's a good one. >> we have to be just as eager. stuart: my producer made an interesting observation, the oscars have become totally political. presidential news conference has become very entertaining. [laughter] >> that's a great point. you know what donald trump is doing, he's finally acting like a democrat. [laughter] >> he's giving it back to them and they are shocked. stuart: i like your idea for president's day, thank you so much for being us. i'm sure we will see you soon. how about that? the united auto workers want to
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unionize tesla. ashley: they are, they are making contact. all part of a bigger push by the united auto workers to basically back donald trump's, you know, pledge to build an america, make america great again, yes, i did say that, the uaw praising donald trump. it's the opposite world, isn't it? also very happy that the president is wanting to renegotiate nafta, says that's a great idea. and the uaw leader denise williams, he hasn't met personally with donald trump and says he would like to. makes no sense that this is the world we live in. stuart: world turned upside down. politics specially. the parent of snap, used to be called snapchat, now called snap, they cut the valuation of their company 25 billion down to 18 billion. this is all about snap going public offering shares to the public for the first time. they lowered the value of the
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overall company. the most talked about company in america. ashley: it really is. the company is getting feedback, wait a minute, you don't make money, growth is falling, what people wanto know are you the next facebook that figured out how to monetize its business or are you another twitter where people know about it but they don't really know how to make money for it. they have investor, they begin in london on monday to try and sell people on the company. stuart: the most talked about ipo of year for sure. i would love to know where that thing is going. we are waiting for president trump to arrive at the south carolina boeing plant. he's getting back to his roots, big rallies, there's a big one coming tomorrow. we are on this. look at that, the crowd is gathering just like the people who own them, every business is different. but every one of those businesses will need legal help as they age and grow. whether it be with customer contracts,
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stuart: breaking news on. the sanctuary movement and the news is coming coming from notr. ashley: yes, president saying not to declare his school a sanctuary campus. he had been lobbied pretty hard from faculty and students, i'm not going to do it. i will not voluntarily hand out information of our students f
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i'm asked law enforcement officials chance, i will do that. the reverend john jenkins, public declaration of its campus as a sanctuary could draw attention to vulnerable students and provoke a reaction of authorities that otherwise may be avoided. that's the rationale if you like. no sanctuary. stuart: he ain't doing it? that's clean cut. we are now waiting for president trump to arrive at that plant right there in south carolina, north charleston is where the boeing plane. i see a plane. that's commercial video of the dream liner. the dream liner is being built in south carolina exclusively. ashley: i think it's the president saying back to say thank you because south carolina was one of the first to get behind donald trump.
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stuart: he's going back in front of a large and friendly crowd. he did that throughout the campaign to become the president and he's going -- you can't say he's going back to his roots but he's going back to the big rally. ashley: those people that you could consider his base. i think what he's done through yesterday's incredible press conference and, of course, with this event, we have a rally in melbourne, florida, he's taking back control of the news cycle. stuart: the press conference dominated it. the mass rally tomorrow dominates it. he's in control. stay right there sports fan, we are not done yet. we will be right back.
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. . [phone ring]
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hi anne. so those financial regulations being talked about? they could affect your accounts, so let's get together and talk, and make sure everything's clear. yeah, that would be great. being proactive... it's how edward jones makes sense of investing. jo very shortly the president of the united states will talk in front a large number of boeing workers in charleston, south carolina. the first boeing dreamliner will
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roll off there. boeing stock straight up. border tax really helps exporters. >> huge support for donald trump. the south carolina one of the first to get hine donald trump's presidential bid. big antiunion state as well. stuart: you got that right. our time is up. neil, it is yours. neil: we'll keep eye on south carolina with the president to be there with boeing ceo, dennis all henneberg. an early convert to addressing donald trump's concerns. big dust-up over the cost of the air force one contract. rather than argue with the president-elect, he thought it best to work with him. that paid huge dividends in contracts but also this visit today. this is part of ongoing theme of the white house. to highlight successes in the in

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