dagen: how long before james comey has his book and at titlem maria: you want vince vaughan to play him. have great week, "varney & company" is next, stuart, over to you. stuart: i'll take it. turmoil in the extreme. in britain a stock election result. in america, james comey calls president trump a liar and reveals he's been leaking. another shock for you, stocks are going up again today. well, what a way to start friday. good morning, everyone. britain's conservative party has lost its majority in parliament. theresa may mains prime minister for now. she's struggling to hold onto her leadership position. just as the brits start to negotiate their divorce from europe and just as they fight a growing terror threat. they have a divided and weakened government. over here, a political spectacle, that's what i call

it, the former head of the fbi says the president is a liar, that he abused his power and he was so shocked at this behavior that he didn't report it and then came the revelation that he was the man who leaked it to the new york times. the political circus is being used by the left and their media allies to disrupt and block president trump's growth agenda. over here, over there, what a mess. you might think that after all of this, investors would be selling. wrong. they're still buying. stocks will open up this morning. in fact, you will see new highs despite it all. we're very glad you're watching, because you can tell your kids about this one. "varney & company" is about to begin. ♪ >> first, to washington d.c. two people have been arrested after two d.c. police officers

and a city worker were struck by a pickup truck last night. here is the d.c. police chief. roll tape. >> at this point, can you rule out terrorism? >> we have to look at that re closely. we do not have a motive at this point. >> targeted? >> we don't know, we don't have a motive. stuart: you heard the police chief, any more detail. liz: yeah, five people injured, including the two police officers, who were on bicycle. one in critical condition. this speed was so fast and so great, it threw one of the police officers, an estimated 30 feet. and they hit a garbage truck and drove the garage truck on the sidewalk, that's how powerful the crash was, a weapon was recovered. they have not released the names. two individuals arrested. stuart: they've not released names. we don't know who they are or were and they are under arrest and there was a weapon in the vehicle. liz: correct. stuart: that's where we stand. we're on it. let's get right to the u.k. election as well. ashley webster joins us from

london. my question is very simple, ashley, do the conservatives lose their majority because of terror? >> y, i think so, stuart. in part, certainly in the last seven weeks of the campaign here, we have two terror attacks, the manchester bombing and the attack on westminster bridge road before that and of course, london bridge last saturday night. yes, i do think it played a role. as we know, theresa may was home security for six years, was put on the back foot. it was supposed to be here talking about conservatives leadership and negotiate brexit smoothly. it wasn't the case. she was on the back foot and because of that, i think she lost votes. also, i think the youth vote,stuart. 18 to 25-year-olds voted at a rate of 72%, really remarkable, much higher than the youth did vote for brexit. the question now is how long will theresa may remain as

prime minister? in the short-term she's considered a caretaker of some sort, but i think long-term her leadership very much under question. stuart: ashley, a fine report. we'll be getting back to you shortly. ashley webster in london. now, look at this. despite what i'm going to call extraordinary political developments there and here, stocks are still rate at record highs. in fact, they're poised to go up some more just a few minutes from now when the opening bell rings. an andy is with us, can you explain this, political turmoil in the extreme and the market goes straight up again. >> with respect to the american turmoil. i think that businesses no. businesses know this is a disgruntled former employee testifying against the boss that fired him. if you look at the economic news, nobody is other than on your show, it's spectacular. more people are working, unemployment claims are way down, manufacturing iat

three-year highs. the u- employment rate, the real unemploymentate is now, has gone down 1% since the beginning of the year. it's huge and it's a low last seen in 2007 and then you've got the wealth numbers this morning. stuart: i could follow on and look at the g.o.p., and look at the president's legislative agenda. and i could say that, yesterday's hearings gave the democrats a lot of scope for stopping, stalling, and preventing the legislative growth agenda. now, what do you say to that? >> the only way they can stop it is if republicans aren't unified. stuart: are they? you're on the inside of this. >> they better be. we've got an election in 18 months, you could lose the house-- they're not going to lose the senate, i don't think so, but the lose the house, it's over. stuart: the president is in political trouble, rally around the guy and let's get something done. maybe the market is thinking that way? >> i hope the market is

thinking that way and i hope the republicans hear that message if they don't get it together and with this agenda-- why wouldn't they, you've got a president who says he's going to do this, repeal obamacare, reduce taxes, infrastructure, what are you waiting for? >> we'll show you how the stock market a likely to open up. yes, we will be up 30 points for the dow industrials and those are some of the premarket department stores, because i've got a story on that note. ladies and gentlemen, there is a new challenge to america's retailers. now, we've reported o the retail ice age, bricks and mortar stores not doing well and wait for it, the slug is,

and the germans are coming. and the man to said the retail ice age. and what's this, the germans are going. >> allbrecht, and trader joe's, and leadles, who have wal-mart on the run and we were in the u.k., scotland and ireland. stuart: they're expanding here. >> coming here, it's going to be retail armageddon. stuart: wait a second, two german companies in the retail business already. they're expanding in america, who are they-- they're expanding bricks and mortar stores in america at a time when everybody else is shrinking. who are they competing against. >> food, drug, discount, the toll they're going to take on target from food, whether they're well capitalized or not. we're already 400% over stored. they're going to add record

amount of retail square footage and every store is equivalent of 5 to 7,000 u.s. stores in terms of volume and sales. stuart: they're huge stores. >> huge. the number one factor in western eure and you see target and others complacent and stop and shop giant complacent. here they come. stuart: don't these guys understand the amazon on-line challenge? >> they push, leidle and aldy, they're so cheap and they stop buying on amazon and buy fresher product at 40% less in the store. we talked to the our guy in dublin. they transformed the way it stopped. he used to spend 200 euro a day, three kids and rescue pet and his wife and 200 euros a

week and now 100 euros a week. finnigans can afford to send their kids to college and go on vacation and that's happening across europe and it's going to happen across america. stuart: so they're going to come here with a bricks and mortar store operation and compete on price. before you leave us, i've got to ask you, you were over in europe at the time of terror in london. are you telling me that the terror attacks had an impact on stores, store sales in central cities? >> big impacts, and harrod's, the machine guns in cham champs-elyse champs-elysees, and paris has security, and terrorism under control. the shoppers feel confident. shoppers do not feel confident in the u.k. stuart: they don't? >> because the u.k., u.k. to

combat terrorism, theyombat it with billy clubs and the french combat it with machine guns and bullets. stuart: the man who said retail ice age on this program, coined the expression. >> thank you. stuart: not a single tweet from trump on the day of the comey hearing, but he's back tweeting this morning. we're going to tell you what he's saying about james comey. japan's softbank is buying boston dynamics, that's a robotics company, they're buying it from alphabet formerly google. and president trump offered the opinion that the fbi was in disarray. at the hearing yesterday, james comey called that a lie. when is an opinion a lie, he asks?

♪ he came to the world justin the usual way ♪ ♪ but there were planes to catch and bills to pay ♪ ♪ so i moved my meeting saw him walk that day ♪ ♪ he was talking 'fore i knew it, and as he grew ♪ ♪ he'd say i'm gonna be like you, dad ♪ ♪ you know i'm gonna be like you ♪ ♪ and the cat's in the cradle and the silver spoon ♪ ♪ little boy blue and the man in the moon... ♪ >> yeah, friday morning, we're at or, very close to all-time highs for all of these

indicators and we're going to go up a little bit more on the opening bell, about 15 minutes from now. america's battling a growing opioid crisis and now the fda wants the drug maker endo to take its opioid pain killer opana off the market. that stock will open down 10%. crickets from president trump's twitter account during the comey hearing. not anymore. what's he tweeting, e-mack. liz: essentially saying despite false sentences and lies, total vindication and wow, comey is a leaker. and from hawaii, hey, mr. president you're accuse james comey of telling a lie to congress. stuart: back on twitter. liz: after silence, a blackout. stuart: crickets. liz: crickets. >> he didn't need to say anything. he used his twitter to get over the media and get to the people and yesterday comey got to them

for him. stuart: and that public in d.c. who offered free drinks if he tweeted during the hearing didn't have to have free drinks. comey said the president lied about morale at the fbi. roll tape. >> the administration then chose to defame me and more importantly the fbi, by saying that it was in disarray, poorly led that the work force had lost condence in its leader. those were lies, plain and simple. >> joining us now, the former fbi deputy assistant director. look, what we've got here is president trump expressing, in my opinion, an opinion about morale at the fbi, which comey then calls a lie. i don't get it. i'm not buying it. are you? >> not really. and i think that's kind of a yes and no answer, stuart. the fbi was very frustrated about the way the hillary

clinton investigation was conducted. they were not allowed to do their job. loretta lynch would not give nem them a grand jury or allow search warrants. there was frustration at the fbi not being allowed to do what they do best, conduct investigations. morale, morale is good, i spent time with fbi agents around the country. energetic, and doing their jobs. it's a yes and no answer. are they upset the way that the investigation-- >> it's not a lie, danny, it's not a lie, it's an opinion. >> it is his opinion, and i think this name calling did not do any credit to the former director yesterday. just tell us what happened. don't characterize what you think is the motive of the president of the united states. do your job, testify and get on with it. stuart: now, james comey admitted during the testimony that he had indeed leaked information to a friend who

then shared it with a reporter. you're a fbi goy, what you do you make of the former head of he fbi leaking to the new york times. >> it's a case of first impression. good lord. the director of the fbi is supposed to keep secrets not expose them. if he's got a beef go out in public, go to the oversight committee, go to congress and do what he did yesterday. don't leak information. what that does it gives justification for somebody else that wants to leak stuff. that was a shame he did that and his motive or his stated motive was because of publicity from the media. well, the publicity is there anyway. he was worried about that seagulls. they're state it publicly or leak it. and i think that's inappropriate thing for him to do totally. stuart: if you're in the room one-on-one with president trump and president trump said, you know, this russia, the flynn

investigation, let it go. can you let it go, would you have taken that as obstruction of justice? >> no, no. it's not. >> would you have reported it? >> i would have, yes. i would have and what i would have said to the president is that, you know, that's something we can't really talk about. you want mae independent so i can serve you, first to have this discussion now, i'm a little uncomfortable with that, let's just save that for a different forum. i'm going to do my job, you know i am. i'm loyal to my country, loyal to the constitution, but i don't think it's appropriate we talk like that. stuart: i've got 30 seconds left. i wonder if you tell our audience how people at the fbi if you're still in touch with them and i'm sure you are, how do they feel about james com and his appearance yesterday? >> i can't tell you that. they liked him. i liked him. i met with him in the last six-- four months, actually. he's a likeable guy and i think

he did some good things for the bureau. i don't think they liked what he did yesterday. i've got a lot of contacts with it and they weren't real happy with what he had to say. one of the things that he said stark to me, he was concerned that comments of the president would have a chilling effect on the fbi agency's investigation. that's not going to happen. they don't have a chilling effect. they do their job. i did iran-contra and voted for president reagan and went him as hard as i could. so that was a specious statement. stuart: thank you. >> always a pleasure, sir, thank you. stuart: congressman al green from texas calling for the president's impeachment. he says it was obstruction when he asked comey to let the flynn investigation go. we're on it. more varney after this. [vo] when it comes to investing,

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>> congressman al green, democrat from texas, he says that james comey has validated the facts needed to impeach president trump. an an andy is with us now. i think he's operating the government as a business and that's got him into trouble. >> it absolutely has. one of the things you always

want loyalty from your people. in the midst of the leaks for him to ask for loyalty wasn't unusual in the slightest. you don't call one of your subordinat in and tell them i hope you can do this, as a good guy you call in a subordinate and you want them to do it, you tell them to do it. you don't say i hope you can do it. and when trump says i hope you can see your way to do that, he's talking like a businessman. stuart: that's not an impeachable defense. to say maybe you can see your way to letting it go, that's not impeachment. liz: the comey angle. if you thought it was obstruction, why didn't you report the obstruction president trump to your bosses. they asked him that. he created a memo and leaked that in hopes of getting a special counsel, we now have

robert mueller on the stick. senator rubio asked them, why are there no leaks that donald trump is not under investigation. and fbi guys don't like how james comey liked how he politicized it and the cops on the beat. stuart: and number one, trump has never been under investigation, he's not under investigation period. he was not under investigation during the comey tenure, period. he was not under investigation. liz: correct. stuart: how about that. liz: why not leak that? >> yet, he could be impeached by coneman al green? >> i don't think so. [laughter] >> who is czy here? not me. [laughter] wait for it sports fans, in about four and a half minutes we'll open this market and go up. liz: record highs, look at that, record highs. stuart: they will all be at record highs on wall street this friday morning. with this as a backdrop.

they're talking impeachment, they're talking change of leadership in britain, don't you love it. we'll be back.

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>> well, you know, in about, what, 20 seconds' time you're going to see something that i

find quite remarkable. you are going to see this market go up. the nasdaq is going up, the s&p 500 going up, the nasdaq going up. all of them are going it hit or be very, very close to all-time record highs. despite the fact that our president just has been called a liar. despite the fact that britain has suffered a nasty lost. look at it go. the stock market is off and running plenty of green on the left-hand side as the stocks opened and we're already up 30 points for the dow industrials. 21,200 and climbing as we speak. how about the s&p 500? is it up? yes, it's up. liz: another record high. stuart: thank you very much, indeed, liz. chiming in nicely. a record high. same for the nasdaq, here it is. liz: almost, it is, it is a record high. stuart: all-time high. let' have fun. look at that, 6,300, whoa! don't you love it? let's go with the big tech names. we follow them every single day

because it's fun, because they keep going up. look at this, facebook is at 154. amazon 1012. microsoft back to almost 72. alphabet to 1003 and apple virtually unchanged at 155. they're still the fabulous five. ford motor company offering buyouts to 15,000 salaried workers in north america and asia. no impact on the stock. still at $11 share. friday morning, who is with us? i'll tell you, liz macdonald, jeff sica and andy pudzer. i'm going to ask you, political turmoil and the stock market goes up. explain it. >> first of all, i don't think the political turmoil has had or will have any impact on the stock market. i think that the stock market at this point ignorance is bliss and investors are

gobbling up the big tech stocks and riding the momentum and they'll continue to ride the momentum until it ends. stuart: even though the democrats have been handed plenty of ammunition to stall the president's growth agenda, even so the market goes up. >> even show. what the democrats are learning is that their agenda to stall these initiatives is failing. so, the market has reason to be optimistic, but the market also, at this point, has reason to be concerned because we actually have to see the next step in the execution of these policies. stuart: okay. you see on the left-hand side of your screen, the winners among the dow 30, and the dow 30 is now up 45 minutes after two and a half minutes worth of business this friday morning. we do have a couple of, what i'm going to call positive economic indicators for you. first off, household wealth is at a record high. secondly, mortgage applications are at a seven-year high.

andy, the economy is looking up. >> it's surging. stuart: surging? >> it is. for homes, for pre-owned homes we're at 10 year high on sales. u-6 unemployment rate we talk about the real unemployment rate down one full percent since the beginning of the year back to 8.4 which is where it was before the recession. stuar stuart:. >> you've got claims for unemployment down, and six months of positive optimistic feelings in the business community, something we haven't seen since the '80s with reagan. you know, you don't have enough time on your show to through all the economic news. stuart: i've got three hours. >> let give you more, 400,000 more people employed this year and 600,000 full-time jobs and we lost 200,000 part-time jobs, but jobs are better. median household income,

increased more in the first four months of this year during the trump presidency than during the entire seven and a half years during the obama recovery, june of '09 to june of 17. you don't hear this. >> this is buried. stuart: sica. >> i have one concern. i shouldn't say anything negative, these are good numbers. i have one concern, 75% of the growth in this 2.3 trillion has gone to 10% of the population. so, we still need to get a revival in the middle class. the middle class is not participating. trump's initiatives of tax cuts and deregulation need to take effect because the middle class is not participating as it should, and you have 50% of the population right now owns less than 1% of the overall assets in this economy. >> which is i think the target of his tax reform it's to help

the middle and working, we need to get that done. >> absolutely. stuart: well, the jeremy corvin. liz: who is he? the u.k.'s answer to bernie anders >> it's defending the middle class. [laughter]. stuart: the house has passed the choice act. the choice act cuts back some of the dodd-frank banking regulations, many of which were implemented during the financial crisis. i think this is a benefit to the banks and other financial stocks. are you going to contradict me, sica? >> no, no, i won't do that again. [laughter] >> thank you. >> and this is going to be a benefit because dodd-frank has tightened lending standards for small businesses. this will be of benefit to the small businesses that are going to be able to get access to liquidity. stuart: america's middle class. >> with the middle class.

stuart: he's seen the light. [laughter] okay. now, we're up 47 points from the duh industrials, 46.90. okay. 21,228. a quick check of gold. it was approaching $1300 an ounce and came back down yesterday and down 11 bucks today. 1268 is your price. how about snap? not too long ago it went public, down again, a downgrade from citigroup, but it's off at $18 a share, that, by the way, is over 3%. tesla, facebook, both of them hit al earlier this morning. look at tesla. $375 per share. i remember raising my eyebrows when it crossed $300 and now it's 375. can you explain that. liz: i think i know why. stuart: is that a middle class tax cut? tell me. liz: you know those falcon wing doors they have? the car-- they're going to do it on the lower cheaper end model. stuart: that doesn't take the stock to $375.

[laughter] . liz: the battery, everything else. stuart: can we please see the fabulous five? they are still sitting at all-time highs or at least very, very close to it, but all of them, would you look at that? all of them are fractionally lower as of right now. you think they're too expensive? is that why they sell. >> here is the problem i have with it. i'm making no friends today, but here is the problem. you have five stocks which are accounting for almost 50% of the appreciation in the nasdaq. i'm concerned about that. if you bought those five stocks, you're up 30%. you had a phenomenal year. if you bought the s&p you're up 8%, which is not terrible, but that discrepancy between being up 8% and 30% concerns me. everybody is piling into the big techs and stuart, you know i was a big fan of these companies a while ago. now they're just too expensive. stuart: i can see people selling at these very high prices on the fabulous five.

rolling some of the money into lower technology companies which haven't yet had the pop. >> bank of america screened fund managers and 75% of fund managers say that they're overallocated in the big five. 75% so when people are going to head for the door, there's a chance they head together and that's an issue. stuart: andy, you're not a stock market analyst and that's not what you're here for, but if you owned any of these big named technology companies, would you sell them now? >> yes, in fact, i actually sold apple when they refused to-- when they pulled out of the republican convention, when it was at about 100. big mistake. so, talk to jeff. i'm not the stock market guy. stuart: okay. i'm the guy who refused to buy apple at 57 about 20-odd years ago that my children advised me to buy and i didn't. moving on. big tech company cisco, it says

that video will make up 82% of all internet traffic in about four year's time. video accounted for 3% of traffic lastear and it's going to be 82% later on. this is one of the reason why tech stocks are so expensive. >> yeah, especially once facebook started showing live sports, i thought there was going to be a big upsurge in video and that's going to be the -- that's going to be the surge with netflix owning content and facebook having subscribers, i think we're going to see this continue. stuart: okay. now, individual stocks making news. we've got a headache for chipotle, a lawsuit claims the company is not paying its workers the overtime they deserve. all right, andy, you come from the food industry. i'm not asking you to comment on that particular lawsuit, but-- >> i'll tell you, as a lawyer, as well as a ceo, what the court in texas enjoined this regulation on overtime.

they said the department of labor didn't have the power under the fair labor standards act to pass-- to enact this regulation. liz: what the regulation was-- >> let alone enforce it. liz: they raised the dollar amount of the worker that could get overtime. if you hit 47,000-- >> under47,000 you have to pay overtime and the court said the department of labor had to base evertime requirements on duties, not on hours. the whole regulation is right now in abeyance and the trump administration has until the end of the month whether or not they want to continue to try to defend it. stuart: get rid of it? >> i would get rid of it. i think it's a regulation that really damages particularly small businesses, franchise businesses. stuart: absolutely, and middle class. >> what i have suggested to secretary perez when he was secretary of labor, rather than increasing into that leve ve the employee a chase, -- give them a choice.

salary the employed or overtime. i can guarantee you, all of our employees would have picked salary with a bonus. stuart: we're ten minutes into the trading session. i have to say thanks very much to andy and jeff with us on an awuspicious day, i believe. right now, 21, 228. wasn't expecting that, but that's what we've got. up next, admiral women mccraven, the man who oversaw the killing of usama bin laden. the question for him, is the political correctness movement making it tougher to fight terror? we'll ask him the question directly after this.

>> look at it go.

49 points, 50 points higher now for the dow industrials. 21,232 as we sak, new high. listen to this, the fda wants endo pharmaceutical drugs, or one of them off the market. what's going on with this, please, nicole. nicole: we talk about opioids and heroin and a drug crisis in the united states. they looked at endo, and pulling a drug off the market. you pull it off and we will. the drug was reformulated a couple years ago, there were concerns about it being injectable, inhaled through nasal passages. the big picture is we've got a health crisis, and the president with chris christie leading to combat this. four out of five heroin users started on prescription pain killers and millions and millions of deaths because of

opioids and heroin type drugs. the epidemic is growing in women and last but not least, that the analysts over at raymond james says he does not feel the data was efficient enough to warrant the removal. this is going to hurt the company. and the question is was it actually necessary to pull this drug off the market. stuart: thank you very much indeed. something we didn't expect to see, president trump celebrating the opening of a new coal mine in pennsylvania. roll that tape. >> the grand oning of the acosta coal mine signals a new chapter in america's long, proud coal mining tradition. congratulations to courseco and to all of our great miners. clean coal will help power america into the future. stuart: lizzie, is that the first new coal mine in how many years? >> in six years, even though coal jobs have been cut in half during that time. the democrat governor of pennsylvania was at the opening of this coal mine in pennsylvania, called the acosta

mine. maybe employ hundreds of workers and 400 tons of coal annually. this is the president rolling back president obama's clean energy approach to coal. stuart: good stuff. thanks, liz. every week it seems like we've got a story about liberal lunacy on campus. we are going to discuss this with the gentleman who joins us now, admiral william mccraven, the chancellor of the university of texas system. >> that's correct. stuart: you're a former navy seal and you're the guy who ran the raid on bin laden. >> i did. stuart: we are going to talk to you as the chancellor of the texas system. stuart: safe spaces? >> we encourage them to get out and encourage free speech and

encourage the students to debate all the issues, where they need , but to do so in a lawful, apppriate manner. so, this is kdf oneof-- a couple of the themes that we're trying to ensure that we instill in all of our students coming up through the ranks. stuart: to see yourself as the new man in the chancellorship as holding the line and reversing the trend toward political correctness on campus, are you going to hold that line? >> what you see is the presidents of our institutions, we have eight academic institutions and six health related institutions and the presidents of the institutions run their separate institutions. so, president greg finvez runs one and at the send of the day, it's about free speech and discovering new things as a student. you want to walk away after four or six years really with an understanding how the world works, not just your view of

the world when you stepped on the the campus. stuart: you seem diplomatic, mr. chancellor. you don't want to come out and say political correctness is killing us. i'll say it. >> no, feel free to say it. what you'll find, it depends where you go to school. in general, in the state of texas, young men and women come in, they're a little more conservative than across the rest of the nation, i'm not sure that's it. i tell you we encourage the students to come in and challenge conventional wisdom and the faculty. it needs to be a debate, if in an open forum to share ideas. nobody should feel con stained on the liberal or conservative side and speaking their mind on the campuses. stuart: as the man who led the raid on the war on terror, it seems we do well when we take the fight to the enemy

overseas. >> absolutely. stuart: but not doing well defending ourselves against terror at home. >> and i think the work going on in iraq, and global forces, it's magnificent. it's very difficult as the europeans have seen, to prevent the radicalization or young men and women going to libya and coming back. it's a problem. between our law enforcement, and intelligence agencies, we're working better than we have. does that mean we're not going to have another attack? it does not. prior to 9/11 and what i saw right after 9/11, the work between interagencies, intel and law enforcement agencies is as good as it's been. stuart: i want to ma look at yor

book "make your bed, and changing little things in-- >> it's advice to everybody. stuart: give advice, i've got nine grandchildren, 12 and under. give them advice. >> the idea of making your bed is one, it's a simple task perform. if you get up every morning and make your bed, it encourages you to do another task and another and another and by the way end of the day you accomplished a lot. what we learned in seal training, not only make your bed, make it right. if you can't do the little things right as in seal training, if you can't make your bed correctly, how are you going to do it. stuart: you miss it. >> i miss it, but for the business folks out there, it's as much a business book as it is for young adults. you're going to fail in business. you ne to understand at the

end of the day we all fai and pick yourself up. you better pick yourself and do the little things right in business or you won't do other things right. stuart: as a newly minted american, thank you for all you've done for our country. that was terrific. liz: terrific. stuart: he'll be back if he's not careful. and pictures you can take with your iphone camera, all while pushing a climate change agenda. i hate -- i have to say we can't make this up. we'll be back. ♪ ...you realize the smartest investing idea, isn't just what you invest in, but who you invest with. ♪ brtry new flonase sensimists. allergy relief instead of allergy pills.

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>> apple is going green with a new ad. roll tape. >> the earth is a very small stage in a vast cosmic arena. in our obscurity, in all this vastness there is no hint that help will come from elsewhere to save ourselves. stuart: look, that's beautifully shot no question about it, but it is apple engaging in politics, right, liz. liz: it's connected to the president's withdrawal from the paris climate accord.

i will say this the chief of investors magazine is saying enough with the leftist propaganda. these are the chief information officers for companies, must-read magazine. enough with the political propaganda. get back to making products that people want. so, you know, there's pushback even in apple's own industry to stop this. stuart: doesn't it seem like everything is politicized. what you eat, the camera you buy, the computer you buy. liz: sports. stuart: and a story on that later on. i've had enough. i don't particularly want that in other parts of my life. liz: i agree with you. stuart: you're so right, liz. at the top of the 10:00 hour, moments away, my opinion, my take on the comey hearings. [vo] when it comes to investing, looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that

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stuart: precisely 24 hours ago the circus came to washington,

d.c., proof that the swamp is alive and well and living in our nation's capitol. the comey hearing. it started badly. the former director of the fbi caedredent trump a lia that's strong stuff. and what was the lie? well, mr. trump had said that the fbi was in disarray and the bureau had lost confidence in comey's leadership. that is not a lie. that is an opinion. it is shared by many, not a lie. comey described one-on-one conversation with the president about the flynn investigation. he implied the president obstructed justice when urged him to, let this go. you impeach the president for that? but comey did not report this incident as he should have. if it was really so out of bounds he would have reported it, but no, he says he was too shocked to report it. but then he leaked the contents of that privileged conversation to the "new york times." the man who ran the fbi, orchestrated the leaks, and that is outrageous.

and this is politics today. absolute contempt for our president from the left and the media, on the back of comey's statements the democrats proposed to bring down the trump presidency and block his entire program. 24 hours later, a couple of things really have to be said. the president was not being investigated, got it? there is no evidence he obstructed justice. got it? the president was right to fire james comey who is now revealed himself he to be a disgruntled ex-employee who is willing to leak a presidential conversation for his own self-interest. extraordinary. the is being hour of "varney & company" is about to begin. ♪ >> the president tweeted on friday after i got fired i better hope there is not tapes.

i wo up in the middle of the ght on monday ght because it didn't dawn on me originally, that there might be corroboration for our conversation, there might be a tape. my judgment was i needed to get that out into the public square. so i asked the a friend of mine to share content of memo with a reporter. didn't do myself for variety of reasons. i asked him, that might prompt appointment after a special counsel. i asked a close friend of mine to do it. stuart: james comey giving his reasoning why he leaked information to his friend. we'll have more on that later. first we have to check what is happening with your money with all the political stuff in the backdrop. we're up. 62, 63 points for the dow industrials. 21,245. look at dow winners. the best performers of the dow 30. morgan, caterpillar, pfizer, chevron, that is a mixed bag of companies and industries. all of them up very nicely, thank you. look at the s&p 500, it just hit

a all-time high. earlier this morning the nasdaq hit another all-time high. tongue in cheek i could call this the comey rally. maybe i will. tesla, facebook, alibaba all of them, hitting all-time highs a little earlier and actually right now. all-time highs. going the other way is snap. it is down to $18 a share. it has a downgrade from city group and it is off nearly 4%. the price of gold is down this morning. we're back to $10 down, 1269 is the price. look at xlf, an etf, a basket of financial stocks and it keeps on going up. why? because parts of the dodd-frank financial legislation have just been lifted. that is good news for the banks and for xlf. despite all the turmoil in d.c., new numbers from "real clear politics" show

president trump's approval rating is better than president clinton's at the same point in his first term, how about that? joining us cofounder of "real clear politics" tom bevin. tom, welcome to the program. >> great to be with you, stuart. stuart: how do you explain this. with all the flak our president is taking now, his approval rating is better than bill clinton's at same time in clinton's first term. explain it. >> well clinton, people forget, clinton had rough go to start. he had a lot of controversy. he went with the order on gays in the military. he had these sort of burgeoning things that were happen being there, people forget, george stephanopoulos used to be the press secretary. sean spicer passed him in tenure the other day, lasted longer than he stephanopoulous lasted. clinton administration got off to a pretty rocky start. he managed to rebound from that. that is one thing, that certainly the trump

administration hopes to do but the difference between the two i'd say, stuart, back in 1992, there was still a center of the country. there is not anymore. stuart: true. >> trump is uniquely divisive, democrats even day he was elected gave him eight or 10 or 12% approval rating. there is not just that amount of swing necessarily, i don't expect his numbers to get back to where bill clinton's were. stuart: tom, i am surprised, president trump's approval rating 39% level, somewhere around there. i picked up "the new york times" this morning. for trump a looming cloud grew that much darker. testimony sharpens attention on obstruction of justice. fbi leader unper tetered condemns president's lies -- unfettered. like that across the media. i would have thought president trump's approval rating would be down in the teens, not high 30s. can you explain that? >> i mean it is exact same thing. he came in with lowest starting

approval rating of any modern president in the modern era. and the reason was because republicans supported him by and large. democrats opposed him across the board in historic numbers. independents were sort of in the middle. where are we six months later after all the controversy and negative press we've gotten, roughly the same place. democrats, literally can't disapprove anymore than they already do. republicans by and large stuck with him. he lost ground with independents. his approval rating gone from mid 40s, down to 39. that is as low as thus far in his presidency. there is not that much wiggle room, republicans are sticking with him. democrats have never been with him. i think negative press coverage has, you know he, bled some support from moderates. that is why he is at where he is at. stuart: tom, you pointed something out to us which i did not realize, which still

surprises me, president trump es approval level 39%. extraordinary as far as i'm concerned. we do appreciate it, tom. >> thanks. stuart: president p tweeting this morning about the james comey hearing. here is the quote, despite so many false statements and lies, total and complete individualcation, wow, come my is a leaker. joining my brother, the blaze host, lawrence jones. >> hey, stuart. stuart: i nearly fell off my chair. i was sitting in this seat yesterday when i saw james comey admit, he's the guy who leaked to "the new york times." i nearly fell off my chair. what was your reaction? >> oh, i was shocked. this is a guy that is former director of the fbi, a former assistant attorney general, and for months, stuart, we've been saying there is leaks in the intelligence community but there is leaks in the fbi. why are there so many leaks? we find out why.

the leader of the fbi confessed he leakses too. it doesn't surprise me about all the leaks in the fbi. stuart: were you surprised -- i don't know whether you heard my interview with tom bevin, "real clear politics" guy. >> i did. stuart: approval rating of donald trump, president trump, is 39%. i'm really shocked at that. if you look at the media this morning, i was looking at "new york times" spewing out contempt for our president, i would have thought the approval rating would be down in the teens, does that surprise you too? >> it surprises me, but when you look at the hearing from yesterday it was nothing, it was really nothing. let me tell you where this all goes, stuart. it is all about donald trump asking the former fbi director to tell the american people that he wasn't under investigation. it was simple request. he told members of congress, many people in the fbi knew this. they leaked everything else. but they never leaked that the president of the united states was not under investigation

despite the many reports saying that the president is in bed with russia, he is under investigation,ll along it was the campaign but it was never donald trump. he was cleared. that was never out. and now that the american people know that, you can expect polls to go up even more. stuart: okay. maybe that is why the stock market is on another tear. i've got another one for you. look, valerie jarrett, former senior advisor to president obama, she is slamming president trump for the decision to pull out of the paris climate deal. i've got a quote directed from valerie jarrett. the united states has always been that beacon of hope, the leader, the world leader. that is why we're called the world leader. we're basically abdicating that role. what is your take on valerie jarrett? >> well, valerie jarrett wrote many of president obama's speeches doing the apology tour. what we had, if she is expecting the new president to apologize for putting america first, that, the agreement didn't put america

first, let's be honest. they took a backdoor deal instead of getting it approved through the senate and making it a treaty. now we have this president saying no, enough of that, we'll put america first. we already cut our co2 numbers down, and rest of the world isn't. so we'll put our economy first, our businesses first. that is just the fact of the matter. stuart: lawrence, look, thanks very much for being with us. earlier on the interview, look at this, the stock market rally. well, it has gone up some more since we started talking to you, lawrence. we're up over 80 points. i'm calling it the comey-trump rally. i'm going toit. lawrence, see you real soon. enjoy the weaken. >> see you soon, brother. stuart: the police in d.c. not ruling out terror after two police officers and another person hit by a truck on the sidewalk. emac, details? liz: 9:00 p.m. in a d.c. neighborhood. one of the d.c. police officers, one of two is in critical

condition. two weapons were recovered from the scene. stuart: two weapons? liz: unregistered firearms. we're working confirming the names of the two arrested for this attack. so, again, five people injured. two of the cops were on bicycles. the velocity of this truck attack was so powerful it knocked one of the cops 30 feet into the air and it pushed a garbage truck up on to the sidewalk. still not ruling out terror. stuart: we're calling d.c. truck attack, that is on the bottom of the screen, and the police are not ruling out terror. liz: as of now. stuart: status of the and we don't know who the driver an passenger were. liz: correct. stuart: just a moment ago, the dow hit a new all time, it is called an intraday high. that means at no point in history has the dow jones industrial average been that high. 21,264. tongue-in-cheek, it is the comey rally, okay.

retail ice age, more on that. hudson's bay, that is the company behind saks and lord & taylor, will cut 2,000 jobs. that is the retail ice age. coming up, game 1, game 2 of the nba finals since, 1998. that was the heyday of michael jordan. could be because of people on your screen. fox sports host jays con whitlock joins us next. no obstruction charges for the president, there are no investigations into him. will republicans rally around him to get stuff done? you're watching the is being hour of "varney & company." ♪ just like the people

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stuart: the kay after the comey hearings, why i am calling eight comey rally, all major indicators rallying, all hitting brand new all-time high. would you look at that. it is happening now. the nba enjoying the best ratings in nearly 20 years. game two of finals between the golden state warriors and cleveland cavaliers averaged more than 20 million viewers. that is the highest rating since michael jordan dominated back in '98. jason whitlock, host of quote speak for yourself" on fox sports 1. jason, my opinion, people are tuning in to watch the stars, because the stars make you watch basketball. am i wrong or what? >> lebron james, steph curry, kevin durant are if not three biggest stars in nba. golden state warriors have the

chance in the first team in nba history sweep through the playoffs and go 16-0 through the post-season. the other part of history we thought lebron james might win his fourth title and start putting together a resume' that competes with michael jordan. i think people tuned in to watch history. the same effect tiger woods had on golf. stuart: yeah. >> when he was dominant, everyone thought, this would be the guy that surpassed jack nicklaus. ratings throh the roof for golf. tiger falls apart. golf ratings fall apart. people love watching history. stuart: stars and history, you got it, jason. earlier this week we reported on espn's own study of its viewers. the study found 63% of them thought the network is too liberal. i say this liberal bias is hurting espn. i think people just want to watch sports and get on with it. what say you? >> i agree with you. again, i've been making this

point forever. look, sports culture in a non-political way, but sports culture is very conservative. the values taught in sports are very conservative. espn has gone really far left, and the values they're preaching in trying to injack into sports are really far left. it is irritating the hardcore sports fan who grew up with these traditional sports culture values that are conservative. stuart: now the "black lives matter" people, i understand, are going after the nfl because the quarterback or the player who he kneeled -- >> colin kaepernick. stuart: did the knee during the national anthem. what do you make of that? >> listen, there was a piece written in the "new york daily news" that alleges that the nfl is anti-black because colin kaepernick doesn't have a job. i have made this point a million times.

the nfl, 70% african-american. nfl ayers, the nfl created more black millionaires than almost any other industry, any industry i can think of. football has taken more black men like myself, i was just a college football player, but taking us from poverty or working class, and vaulted us into the mainstream and middle america and vaulted us into economic freedom. football has been one of the best industries for black people. there is just no denying this. i keep, the people that want to portray the nfl as anti-black, how can you do that? 70% of the players, hollywood, go look at hollywood how they treat black actors and actresses. go beat them up, not football. it is just a stupid argument. stuart: that is why we like you, jason. you're not afraid to express an opinion. we kind of like that. [laughter]. jason whitlock -- >> i do the best that i can.

stuart: you do very well. fox sports 1, good stuff sir. see you soon. thank you very much. jared kushner is going to meet with tech ceos at the white house later this month. do we have any what this might be about? liz: make the government computer system more efficient. stuart: do we know that? liz: yes. doing things like cloud come putting. who will be there, apple's tim cook, amazon jeff bezos. eric schmidt, ye. who would have thunk this should have been done years ago, blowing hundreds of billions of dollars over the years on wasted government computers that don't talk to each other. stuart: one has to go back to the obamacare website launch which was an absolute disaster run by the government. i hope that jared kushner will persuade the tech people to do a better job next time around. liz: take a business approach to government use of computers. tell you something, know this for a fact. federal government union workers

love these little junkets, invite computer crowd. eat crow sanities and what they will buy and love fiefdoms over the budgets. the trump administration is trying to blow that up and make government smarter. stuart: maybe they will push for tech people to put that money back. hundreds of billions of dollars, bring that back to america, won't you? liz: yeah. stuart: uber ceo is under fire again. about a salacious email he sent companywide back in 1919. i will call it old style management not going down very well -- 2013. we'll bring it to you. ♪

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liberty stands with you™ liberty mutual insurance. stuart: uber's ceo is in some hot water over what's described as a salacious email that was sent to employees in 2013. tracee carrasco is going to deal with this for us. this was an email sent to employees before a trip to miami. tell us all about it. reporter: he has dos and don't for his employees. first of them, said, do not have sex with another employee unless, a, you have asked that person for that privilege and they have responded with an emphatic yes. and also that two or more of you, you can't work in the same chain of command, that also means, he travis kalanick would be celibate. ceo life #nfl.

he reminded his employees, don't throw any kegs off of tall buildings. don't get arrested. you know. these are things that he probably should have handled differently in terms of relaying the message to his employees as they're about to go on this work trip. stuart: you think? reporter: yes. liz: isn't this what they should not be doing, right? >> reporter: yes. liz: he is getting hammered for sending this out, maybe workers need to be reminded of those things. reporter: yeah. stuart: isn't essence of harrassment law you must ask permission and receive emfattic yes if you wish to have romantic relationship with employee. is there something wrong with that? liz: what do you think, trace? reporter: should have done it in a professional way. there is professional to tell your employees. liz: don't throw kegs off buildings. stuart: we have got to go. treasury secretary steve mnuchin meeting with house republicans yesterday talking tax reform, the freedom caucus

says, cancel the august recess. are we going to get stuff done finally? congressman jody highs joins us next.

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♪ stuart: i'm not sure what the music is. liz: that is michael jackson. stuart: sorry. i can tell a market rally, when i see one, that, ladies and gentlemen, is a market rally. 11111 points. liz: wow. stuart: -- 1111 points. i think i'm right to call it the comey rally. a little tongue in cheek. that is a rally. take a look please, at face back

facebook, tis la, alibaba all-time highs. it's a friday rally. don't you love it. british prime minister theresa may is trying to hang on to her job after her conservative par majority in parliament. roll tape. >> i will now form a government, a government that can provide certainty and lead britain forward at this critical time for our be country. this government will guide the country through the crucial "brexit" talks that begin in just 10 days. stuart: i think you could say there is a state of flux in the leadership of british politics. joining us now european parliament member, dan hannon. he is on the phone. i want to deal with the rise of the labour party in this election. they got 9 1/2% more votes than they got last time. the leader of the labour party is a rank socialist. dan, can you explain this? >> you know i wish i had an easy explanation, stuart, and i think i'm afraid the explanation is

the obvious one. people vote for free stuff. the labour manifesto was a wish-list of public spending. more on health care, more on schools, for university tuition, pensions, end of the public sector pay freeze. this was all somehow going to be paid for by big corporations and very rich. i'm afraid two in five people were convinced of that, thought, great, goodies someone else is paying for, where is the downside? we conservatives have to take our share of the blame failed to win that argument. stuart: that is one side of the coin. you explained why the left got a few extra votes there, but explain to me why theresa may lost some votes? were voters turned off what may be a soft approach in her prior life in parliament to terror? >> weirdly, she didn't really lose any votes. as a, vote in terms of the percentage and in terms of the total absolute number of votes cast, she got more votes than tony blair got at the height of

his majorities. you have to go back to thatcher in her prime to see the kind of levels of 42, 43% support for the conservative party in election. in a way it's a very we are outcome, stuart. a share of the popular vote would normally have given us a comfortable majority, if not a landslide, on this occasion produced something that doesn't quite get to the 50% mark, although, we're still, i think only party that can form a government here. stuart: 30 seconds left. how long does theresa may survive as leader of the conservative party? >> i think she has to stay on for now as prime minister. we're beginning these "brexit" talks as you heard her say on monday. there needs to be stability. officials need to answer to the same regime. one thing worth noting in a sense the most pro-"brexit" parliament ever, in a sense 90% of elected on manifestos promises to respect referendum results. we're arguably in a stronger position.

there is a case you can't begin a lengthy leadership process in middle of those talks. stuart: well-said, daniel hannan, thanks for joining us. >> thank thank you, stuart. stuart: we discussed on this program this week whether or not apple is still an innovator. to some degree we've said, it may be playing catch-up with the new siri-powered speaker they put out this week. joining us now a tech expert. she believes, i think, that apple is still a great innovator, is that correct? >> absolutely. stuart: make your case? >> i think the case here, everybody see as speaker, we've seen bluetooth speakers a number of years. undercurrent what tech giants want to do, talking to googles, amazons of the world they want an ecosystem. this is one more foray apple owning ecosystem, your watch, your computer, talks to your phone or computer, the entire home wants to be connected.

that is what consumer going for. you ard erything seamless talk together, you said our government systems don't seamlessly talk to together, in it doesn't work together it makes it more difficult. every tech giant wants to own the space in your home connected together. stuart: you think apple is part of that? >> they have been a part of that. i feel like saying cutting-edge, i think apple is bleeding edge when it comes to the siri speaker. 10-year anniversary of iphone, iphone 8, not 7s, that will be in september. we know the stock is down people are waiting out for that big moment. stuart: not down that much. a record high. >> stock is down, i should say iphone sales are down. tim cook says of course it is, people are waiting it out. in terms of innovation they hold the footprint in the marketplace where they understand the consumer. it is not overly techie, to get the every day consumer that is where you want to be. that is where the margin an

sales is. stuart: using technology in sports, it is becoming more and more important in professional sports as i understand it. you are especially excited about the use of augmented reality at the nba. >> yes. stuart: now first of all, what, explain it will you, go ahead. >> big trends, augmented reality, virtual reality. augmented reality, people know most, "pokemon go," you take your phone or tablet, overlays digital world through the real world. i spent seven years cumutively at espn. this world of sports technology is just exploding beyond memes. i was at nba finals, cavaliers, 25-year-old stadium, they have the app that lens cam, it developed 160 professional teams apps. you can implement on top of it. they use virtual reality, augmented reality in the arena. i was playing in the halftime show with all fans, pop a shot on jumbotron, experiencing a

game like i never done before. go to a game, it was exciting they had really great hotdogs on big screen. now you have to develop, be more emersive in arena forever day fan. enhance the fan experience. stuart: you're a youngster, you will love it. what about guys like me? >> you have apps, right. stuart: okay, i do. >> checkmate. stuart: that is fascinating. come back please. >> 100%. stuart: thanks very much indeed, katie, thank you. >> thank you. stuart: to politics, the comey hearing to some degree it is in the rear view mirror. many want congress to move on to get the president's agenda passed. joining georgia congressman jody hice. the president is under pressure, great deal of pressure. will the gop rally around him at his time of need and get stuff passed? >> i certainly think so. i know i am with all i've got. i think it is time we get behind this president.

the american people sent us here to get some jobs done. there has been tremendous obstruction from the democrat party. time for us to get focused and get over all of this witch-hunt and mindless accusations. let's do what we were certainty here to do. stuart: we heard this many, i'm not being pejorative here, we have heard this many, many times. most of the republicans that i have interviewed on this program say, yes, we've got to do it. we're hoping to do it. we're working day and night to do it. can you enhance that? can you go further and say yes, by golly, we're going to have that health care deal done and signed and delivered by the end of august, no ands, ifs or buts? will jody hice say that? >> right now it is in the hands of the senate. we have done in the house what we can do. the health care bill has been sent over to the senate. we are doing all we can to encourage them over the finish line. but the ball is in their court

right now. i'm confident it will get done. at this point we're focused on tax reform and yesterday we passed the choice act, financial choice act. we're continuing to push the ball forward to accomplish the agenda that the president has and american people sent us here to do. we'll keep doing that. yes, i'm confident we'll get this done. i'm hopeful we stay over august if need be. stuart: that is interesting. treasury secretary steve mnuchin met with house republicans yesterday talking about tax reform and tax cutting. what happened at that meeting because you were there? >> i was there, very encouraged. basically the discussion centered around economic policies of the president which includes tax reform, regulatory reform and trade. those are the key issues that will transform our economy and get it jump-started, back on track where it needs to be. and that is the focus. stuart: okay. we hear you.

maybe that is why the dow industrials are up so strongly today. congressman hice, we appreciate you being with us. thank you very much. >> thank you very much. stuart: looking at the rally right there. 96 points higher. 21,279. pretty close to 21,300. liz: mo would have thunk it. you talk about sell in may, go away. look at this, the comey rally. stuart: at this time yesterday i thought the market would go down. it is going straight up. prime minister theresa may trying to forge a government of certainty after falling a 20-point lead at polls. actual election results she was losing some ground. how much did terror in london affect the result? we are asking that question. ome, looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that often reveals a better path forward.

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♪ liz: german retailers including big-name super market retailers coming to america with cheaper, better quality food. bert flickenger coined the term retail ice age, he is responding and he is predicting watch out, retail arm ma get he done. roll tape. >> stuart, fortunately germans have not won any world wars last 0 years. stuart: who? >> albrecht brhers, owns trader joe's. lidel, which ran all three walmart operating companies out of continental europe in the

'90s, have walmart on the run where we were, uk, scotland, ireland. stuart: coming to expand here. >> coming here. it will be retail armageddon. (alarm beeping) (vo) when you wake up with miracle-ear... ...your mornings can come to life with sound. our exclusive speech isolation technology transforms a bustling café into a clear connection that helps you hear the laugh that made you fall in love with her in the first place. and, at miracle-ear, we take the time to get to know you, grandpa! so we can ensure you hear what matters most in your world. call, click or come in today to learn how to start your better days. miracle-ear...hear a better day.

stuart: in roughly 30 minutes we're expecting the president to speak at the department of transportation. there is a roundtable event there. he may bring up the comey hearing.

we will certainly bring it to you live if and when he does. we'll bring it to you anyway. more jobs coming to pennsylvania. opening of a new coal mine. well, how about that? president trump celebrating that news, roll tape. >> the grand opening of the acosta coal mine signal as new chapter in america's long, proud, coal mining tradition. congratulations to corsico to all of the great miners. clean coal will help power america into the future. stuart: clean coal will power our way to the future. tom sullivan's with us. tom, that was the first new coal mine iwhat, six years? >> yes. stuart: what is special about it? >> what is special about it, this is not, i thought coal was coal. apparently there are different kinds. this one will be used in metal version of some kind as opposed firing up energy or firing up utilities or anything like that. this will be used to make steel. they need it for steel.

so that's another whole angle to the coal industry which they're very excited about in that town. stuart: that's right. first in six years. >>0 new jobs in that town -- 70. stuart: not bad. next case, prime minister theresa may is trying to form a coalition after yesterday's election. the results came days after she he tried to show she is tough on terror. roll tape. >> i mean longer prison sentences for those convicted of terrorist offenses. i mean making it easier for the authorities to deport foreign terror suspects back to their own countries. [applause] and i mean doing more to he restrict the freedom and movements of terror suspects. when we have enough evidence to know that they are a threat, but not enough evidence to prosecute them in full in court. if our human rights laws stop us from doing it, we'll change the laws so we can do it. [cheers and applause] stuart: that was a two days

before the election. strong stuff on terror from the prime minister. maybe a little too late to affect the election results. let's bring in fox news analyst general jack keane. favorite guest. welcome back. >> good to be here, stuart. stuart: th was strong stuff from theresa may. we'll restrict the freedom of movement. if we know you're a terrorist we'll restrict movement even though we can't prosecute. we'll deport you, make new laws if you have to. that seemed to be me a turning point on on the war terror. what say you? >> that is rhetoric. her record of homeland security for six years is part of that election. that record is not good. that record is open borders. it is mass immigration with no vetting. it is multiculturalism in those communities where muslims are totally isolated. they don't participate in mainstream society. they are breeding grounds for radical islam.

these european leaders, they are, they are feckless to be quite frank about it. they lack, they lack political will. they lack moral courage. there have been 34 inspired attacks on nato countries includes the united states. 34 we're at now. nato still has not stood up saying we'll crush this thing once and for a all. there is only one leader in nato that has taken on isis, that happens to be our president. none of these others have. they lack the courage to do it. stuart: our president, donald trump has taken on isis over there. it is aggressive go get 'em campaign what i can see but has he been equally aggressive, will he be equally aggressive inside of america? >> he is certainly trying to do that. the travel ban was part of that. i think he has a very strong homeland security director in general kelly. i think he is trying to shut down our border. there has been some success at that border in terms of people willingly wanting to come across it because they think they will

get arrested that is the tth now. so i think we made a policy shift in this country. it's a psychological shift also in terms of people who want to come into this country. so yes, we are moving in the right direction. what he has done in the middle east, in that alliance, he had 55 leaders. he looked them right in the eye, and said, you have got to do better in your own country. you have to drive them out of your country. you have to undermine this ideology. we can't undermine the ideologygy. i will support but they have to do a lot of heavy lifting themselves. stuart: you were a four-star general, is that correct? >> yes. stuart: that is pretty high up there. you must have held a few secret in your time. i'm asking you this because i want to know how you feel about the director of the fbi leaking information to the "new york times" about a private conversation that he had with the president of the united states? i can't imagine jack keane doing that. >> well i, that whole behavior,

i lost faith in jim comey a long time ago and i don't even believe the conversation took place the way he says it. and, if it did, common sense would be say, well, mr. president, let's not go there. not talk about that because i have to conduct an investigation. why didn't he talk to the white house counsel? why didn't -- if it was such a such big he deal, stuart, if he thought the president of the united states was trying to stop him from conducting an investigation, which is his duty to do, why wouldn't he resign to make an issue about it? i don't buy it. stuart: a different kind of president with a very different approach. like he is running a business as opposed to running a political machine. i'm sure you would like that. if the president leans over, says, can we do something about this? isn't that the way you want to talk to the president? >> that is the way he is. i don't think the fact he dismissed everybody else, that is more to do he wants to charm comey a little bit one-on-one. stuart: general. it is always a pleasure.

>> good talking to you, stuart. stuart: great to see you. he see you soon. coming up former fbi director comey calling the president a liar. the president firing back this morning. former trump spokeswoman katrina pierson joins us in our next hour. she has something to say about this. this is the second hour of "varney & company." think again.

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stuart: congressman al green, democrat from texas, he says that james comey has validated the facts needed to impeach president trump. andy puzder with us now. you're a ceo. >> i was until about a month ago. stuart: right. president trump, ceo. i think he is operating the government as if it's a business and that has got him into trouble. >> it absolutely has. you want loyalty from your ople nheidst of all these leaks for him to ask for loyalty wasn't usual in the slightest. you also don't call one of your subordinates in, tell them i hope you can do this, this is a good guy. that is not telling -- you call subordinate, you don't say i hope you can do it. he is talking like a ceo. not talking like a washington politician. stuart: that is not i am poochable offense? >> that is not impeachable, no.

stuart: to say to the fbi guy, maybe you can see toe let it go, that is not impeachable offense, i don't believe. >> no collusion or no interference with the investigation. stuart: lizzie is dying. go on. liz: comey angle, if you thought it was obstruction, why didn't you report this obstruction from president trump to your bosses? he didn't do that. rubio asked him that. susan collins asked him that. instead he created a memo. he leaks that memo in hopes of getting a special counsel. we now have robert mueller on the stick. so senator rubio asked him, listen, why were there no leaks of donald trump is not under investigation? why didn't you leak that? i'll tell you that the fbi guys i talk to, they do not like how james comey politicized their jobs and cops on the beat. don't like it.

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stuart: those who want to see

the english-speaking world return to prosperity, and determine its own future, things are not looking good this friday morning. by the english speaking world i mean primarily america and britain. start with the ritz, that is the most fluid situation, highly unstable. the conservative party under teresa may lost its majority, its harlotry power just as the prime minister was about to do start divorce proceedings with europe. what happens to brexit now? just as important, young people and nonwhite voters went heavily for the hard-line socialist labor party in brita and we all thought socialism was dead but that is what they did over there. over here the left is the liberally undermining government's ability to govern hanging their hat on james comey, thank when the president said let's go, the flynn investigation he was obstructing justice. on that one sentence the left

proposes to stop everything and remove the president from office. we are in a dangerous period of political instability. time for the brits to get a leader who will deal with terror, deal with open borders and on europe, do the will of the people. in america it is time for the republicans to put aside their differences and rally around the president was obamacare appeal and tax cuts, get it done. it is time. the third hour of "varney and company" is about to begin. ♪ stuart: more on my opinion on politics in the english-speaking world in a moment. look at your money working for you today, 99 points up to 100 points up for the dow industrial, close to 2100. the dow, the nasdaq and the s&p are all at record highs.

tongue-in-cheek kind of way i call this the comey rally. we have more positive signs on the economy, for example household wealth up to and a half% to a record $94.6 trillion. moody's managing director joins us now. it is not just wealth but mortgage applications. a five or six year high. plenty of good news on the economy. >> we keep growing. the only area we are showing softness is recent numbers on jobs growth. stuart: hold on a second. as i understand it, since the president came to office, we have created 600,000 -- know. we created 400,000 new jobs.

we have lost 200,000 part-time jobs and replaced them with full-time jobs. that is good news. >> if we look at the overall number we are 135,000 jobs. the past week the month only 125,000 new jobs per month. that doesn't mean we will slip off the cliff but we have to see better numbers. stuart: it doesn't overshadow the other good news. >> increase in household net worth, great news. the only problem is it benefits a relatively small percentage of the population. right now we find the top 10% wealth owners bone 76% of households net worth. if we go from 50% in the middle to 90%, we end up with another

23%. stuart: you are talking income and wealth inequality. do you believe any quality is a drag on growth? >> it can be. you want and administration, economic framework that enhances upward mobility, enhances the sense of opportunity. i would argue that under the previous administration that wasn't the case. they probably made it worse. stuart: would you are you are president who is in some political trouble after these comey hearings is incumbent upon the republicans to rally around