thanks for being here. dagen: incredible interview, maria, astonishing. thank you for that. maria: have a great weekend, dagen mcdowell, brian brendberg, gary b. smith. stuart, takateway. stuart: good morning, maria, and good morning, everyone. let's get right at it. item number one, president trump is not the target of the cohen raid or mueller probe. he claims vindication, no collusion, no obstruction. item two, rudy giuliani has joined the president's legal team. the message get this mueller probe wrapped up soon. item 3, chaos at the fbi, the former number one one and former number two are calling each other liars, it's likely to go to court texas deep state activities to shield hillary and undermine trump will all spill out. item 4, the democrats are determine today keep the impeachment pot boiling.

nancy pelosi says the president has contempt for the rule of law, they believe he obstructed justice. fed up with endless investigations, please join the club but that is politics these days. so let's talk money, ge did well, announced their numbers earlier and investors liked what they saw, pushing $15 a share. overall profits are still very strong and reflecting that stocks will open fairly firm this morning, pretty much flat i will call it. one more story, and we don't want to upset you but more techies say they don't want to work with the military. it started at google, spread to amazon, these employees say technology companies should not be in the business of war, real, you're not prepare today defend our country? pathetic. let's not spoil the mood, it's friday and the first hour of varney & company is about to

begin. [laughter] ♪ ♪ stuart: all right, we will deal with money right out of the box, flat to ever so slightly lower for the dow. -- dow, marginal, but, look at ge, blow-out profit report, that's what people are saying, the stock will be up nicely at the open. aviation and health care divisions did very well for them. 14.86. 6% higher, that's the premarket quote. look who is here visiting us from chicago on the set in new york, his name is scott martin. >> stuart. good morning to you. stuart: do you own ge? >> we don't until today. stuart: would you buy it at 14? >> not yet. here is the interesting thing, there's a lot of shareholders

that are higher as far as basis, we talked about this a couple of weeks ago, bought in the teens and went to single digits, the reality is if the rally holds today and the weak hands don't get out, maybe monday is the start to leg in. >> getting in? >> yes. stuart: the stock for the trade -- day. [laughter] stuart: can you believe it? wow. i'm going call what is ii will call scandal fatigue. james comey memos just out and shows clearly that there was no collusion and no obstruction, also he laked classified information. wow, will the witch hunt continue? brad blakeman, former assistant to bush 43, brad, i'm looking at all of the scandal news and i'm

trying to weigh it all down and i think it looks like overall a plus for the president. >> there's no tout about it. for 18 months the fbi has been trying to find collusion after all that's why the special prosecutor was brought in. there obviously is no collusion. i can tell you as a creature of washington, if there was a there there, it would have leaked long ago. mueller has to put up or shut up. he has to tell the american people there was no collusion, yes, the russians try today influence election but they weren't successful, trump was not responsible for it, close it down. stuart: i think everybody wants him to come out and say what he's got or stop it, end it now. do you think that rudy giuliani now that he's part of the team, he knows mueller, he obviously knows the president, do you think this will facilitate not shutting down of the probe but end to it? >> there's no doubt that rudy

giuliani will be a valued member. rudy giuliani was the u.s. attorney for the second department southern district in new york, he's fully familiar with the way prosecutions should run and more importantly how they shouldn't run. so rudy giuliani is going to be an important voice respected by mueller no doubt, but also he knows his way around the system. so i think rudy giuliani along with the president's legal team will be able to create the proper leverage in order for mule tore get the message that the american people are sick of it, trump is sick of it, show what you've got, if you don't have anything, certainly i believe he does not, then you've got to shut down this portion of your investigation. stuart: that's the side of the coin, mueller russia, russia side of the coin. the other side is deep state, department of justice, fbi, you now have the former number one calling the former number two a liar and vice versa. i think that that side of the coin is really starting to boil

up and if it ever goes to court, we will find out a whole lot more of what really went on with those investigations of clinton and all the rest of it. >> here is what you're going to find out, the real crimes that were committed, the corruption rests with the fbi and the justice department, not with the trump campaign. we know that -- comey is an admitted leaker. we know that mccabe has been referred for criminal investigation by his own department. there was terrible not only corruption but i think political partisanship within the fbi and political corruption, official corruption is the worst offense known in a democracy because it erodes the rule of law. stuart: i have to tell you, brad, i've got a scandal and investigation fatigue up the wazo. >> me too. stuart: i'm fed up with it and i think the country is too. i think the country wants an end to all of this, get it out of the way, come on.

>> that's right. and they have the ability to do it and, look, mueller needs to do this before midterm elections otherwise he's worst than comey in trying to influence a national election. stuart: got it. brad blakeman, thank you very much for being with us this morning. thank you, sir. out of this one, senate majority leader chuck schumer, he wants to make part legal at the federal level. roll tape. >> introducing legislation to decriminalize marijuana at the federal level from one end of the country to the other, the legislation is long overdue, i've seen too many people's lives ruined because they had small amounts of marijuana and served time in jail much too long, affects communities of color unfairly and ultimately it's the right thing to do. stuart: radically different from anything we have seen before by a national politician, is he on the right side of history or the wrong side of history?

ashley: personally i think he's on the right side. he will get traction from this, 30 states plus district of colombia now have some sort of marijuana law legalizing it in nine states recessional. it's definitely a green wave. confusing that banks in those states allowed marijuana are conflicted because they will be breaking federal laws, i think that's ridiculous, i think he's on the right track. stuart: you're smiling, why are you smiling? >> he will get traction unless democrats stay home because they are stoned. i'm kidding. [laughter] >> depends what state you're in. stuart: political winner yes or no? liz: yes, it is a winner. stuart: would you buy a pot stock? >> you look up some of the pot stocks, you want to talk about volatility, holy cow. stuart: would you buy one? >> no because of volatility, stuart. stuart: no moral objection to recreational marijuana? >> i don't but i don't like the

fact to your point, ashley, about this tussle between states and fed, until it gets cleared up, i won't own stocks. liz: dominoes or papa john's. [laughter] liz: the last thing i am going say for 3 hours. >> maybe yum brand. stuart: you had a chance to get together two one-liners and delivered them both. [laughter] stuart: okay. serious stuff, marijuana is a serious issue. two stories on wells fargo, reportedly close to paying a billion dollar fine for forcing customers to buy insurance, car insurance and charging mortgage borrowers unfair fees, secondly, a teacher's union will not do business with wells fargo anymore, is that about guns? >> yes, american federation of teachers, randy, she had been reaching out to wells fargo and she got radio-silenced.

it's a big deal because 20,000 or so aft members have mortgages and the like from wells fargo also attributed to jpmorgan chase, bank of america have dialed back businesses to the gun industry and citigroup says, it's saying to its business partners don't back to move to sell guns to eem -- people under age 21. stuart: the president tweeted, we are loosening the bank regulations but you crossed the regulations, we will come after to you. he's in favor of the fine. check the future's market, still flat to slightly lower at the opening bell this morning, down 20 points, now this, new york's governor andrew cuomo claims he is -- he is -- he says undocumented. ashley: kick him out. [laughter] stuart: and that's what the

trump administration, he's daring the trump administration, deport me. you will hear what he has to say. big news on opioids, doctors wrote 9% fewer prescriptions this year compared to last year, that's the biggest drop in 25 years. i'm going to call that progress. dr. psychel coming check the big board. president trump tweeting and blaming opec for artificially inflating taxes, not good the president says, we will be back. the right relationship with a corporate bank who understands your industry and your world can help you make well informed choices and stay ahead of opportunities. pnc brings you the resources of one of the nation's largest banks, and a local approach with a focus on customized insights.

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which is what we do. crowne plaza. we're all business, mostly. stuart: huge industrial conglomerate known as honeywell, well, they gave a rosie forecast and because of that the stock will be up 2% at the opening bell. the oil driller less money came over and that stock will be -- it was going to be down, now it's going to be up about 50 cents, okay, 40 cents.

look at the price of oil anyway, it is backing away from the 70-dollar a barrel level and look what the president tweeted about opec first thing this morning, looks like opec is at it again with record amounts of oil all over again including loaded ships at sea, no good and will not be accepted, john is with us, the former president of shell oil and he's now with citizens for affordable energy. do you agree with the president, artificially high prices because of opec? >> no, stuart, i don't. i don't think he has a good grasp of the fact that the glut of oil has essentially disappeared and now the growth of demand for oil because of strong economies around the world is pushing production about as hard as it can at the same time opec has been cutting back production. so that's a perfect recipe for higher prices and it's going to continue, i think, to rise in price as the year progresses.

stuart: we hear you, what about the fracking bottleneck, that is we've got the oil, got it out of the ground in places like texas but we don't have the infrastructure to get it where it needs to go, to the marketplace, surely if there is a bottleneck, we can solve that fairly easily and get much more america production on stream? >> i agree with that completely. what happened is that during the 2015, 2016, 2017 period a whole lot of investment was differed. probably 350, $400 billion of deferred investment because the price wasn't high enough. now we are up to bumpy recovery which is what you're describing, it's bumpy, we did cannibalization and we runed down inventories and layed off half a million people, slash and burn kinds of things and now coming back with the kind of strength 60-dollar, 68-dollar oil price, it's going to recover but it's be bumpy until we get

things settled down. stuart: well, surely, if we get that oil from texas or wherever to the marketplace, doesn't that improve the supply and bring the price down? >> it could, but we are talking global demand for oil price not just u.s. demand or supply. it's a global world when it comes to moving oil molecules. part of the reason the oil price is high was which the president didn't include is we are large exporter, by us supplying international markets we are putting pressure on own domestic prices because supply is not just sitting here in the united states. stuart: okay, talk to me about gas prices because they keep going up, we have the national average for regular at 2.75 a gallon as of today. we've gone up consistently, up over 20 cents in a month. do you think higher prices, if

you think oil prices are going up some more you to believe that gas prices go up this summer some more? >> yes, i think they will. that will continue through the year. i don't think it'll be a dramatic price rise in 3.50, $4 a gallon except in high-taxed state like california and new york. but continue rise of oil price. i continue to advocate, sometimes give me a whole whole segment because that's the ultimate american solution for lower prices, cleaner fuel and more jobs. stuart: you will get full segment when you pay me but i don't care about that. come back and see us again, okay, soon. >> thank you. stuart: look at the futures, now we are actually unchanged, okay, that's interesting, we will be opening the market in 11 minute's time, unchanged or maybe ever so -- slightly bit higher, maybe.

[laughter] stuart: here is something that gets to me, more tech workers are trying to push their companies away from working with the military. they say american tech companies should not be in the business of war, if you watched the show at the top of the hour i think that is pathetic. more varney after this. liberty mutual stood with me when this guy got a flat tire in the middle of the night, so he got home safe. yeah, my dad says our insurance doesn't have that. what?! you can leave worry behind when liberty stands with you™. liberty mutual insurance.

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stuart: well, look at this, this is sketches, the shoe company, what did they do wrong, i will tell you very simply, they did not give a rosy forecast, sketchy for the forecast. ashley: appropriately. stuart: dawn 25%, took them to the cleaners about one statement. here is the outrage story of the morning, growing number of tech employees want their companies to stop working with the pentagon. they've even launched a petition that says in part here we go, we believe that tech companies should not be in the business of war and that we aztec workers must adopt binding ethical standards for the use of ai, artificial intelligence that will let us build the world we believe in. scott martin is with us. let's nail this because there's no financial impact on these

companies at all. >> no, there's not. ironic because we have earnings coming too, that will probably be the mover. to give up freedom and safety for the ideal is so upsetting, a couple of years ago i don't think tech would have said this, do you think so? ashley: hard to say. stuart: during the obama administration? you could be right. how do you feel, ash? ashley: silicon valley is silly valley, they are sitting in the bubble, sitting in safe spaces given to them by who, the military who protect this country, send them to pyongyang, tell them what it's like there. it makes me very, very upset that technology is a part of our future and that includes the military, sorry, and when the military asks for contracts to improve the photographs taken by drones and they say we are not in the business of war, this is not what we want to do, it's -- it's morally offensive to us that we don't want to do this. you know, you used the word pathetic, i would like to go

stronger than that but i can't say it on tv. stuart: what do you have, liz? >> the work is to reduce collateral damage and protect innocent civilian life and catch the bad guys too. i think they should be fired. go start your own company, see what happens how you feel when your employees try to dictate how you run the business. stuart: i agree entirely. they sit in a bubble, they are extremely well paid, the median income at facebook is $240,000 a year which is enormous, but they will not defend their freedom, they will not defend our country. i think it is pathetic, outrageous in my opinion. liz: nothing further from silicon valley than the entire world. [laughter] stuart: that's true. i will calm down. it's friday morning, i'm going to show you how the market is going to open, not that bad, we were going to be down, what 40 or 50 points earlier today, now it looks like we are creeping, edging just a fraction higher.

stay there, please, the market opens in a few minutes and we will take you right there.

stuart: all right, back to 30 seconds, 20 seconds away and we will start trading for the final day of the week, we are expecting a pretty flat open

this morning, remember yesterday, i'm trying to figure out where were we, yesterday down 80 points, 24,600 is where we closed yesterday. where are we going to close out today? i haven't gotten a clue, i do not know where we close off today. bang, we are up, we are down just a fraction, up 3 points, down 3 points. i'm going to say we have a dead-flat opening today. at the moment the dow is up .02%. how about the s&p? i think it's pretty much the same story across the board. s&p .01% and the nasdaq composite show me that one, it is down .23%. that's interesting. down a quarter percent implies to me that technology not doing well this friday morning. how about the price of oil down today. sixty-seven dollars a barrel. ten-year treasury yield may be a

problem for the market moving up to 2.93%. got it. all right, ge, probably the stock of the day, certainly the highest volume, 20 million shares moving already, it came out with what some are describing a blow-out profit report, aviation and health businesses did well and stock is up 14.89. honeywell, healthy demand in several of its base -- business areas, honeywell up 2%. the oil driller, they are up this morning just a fraction, 40 cents higher at 70. it's friday morning and ashley is here, elizabeth is here, they are always here on a friday. [laughter] stuart: actually that's not true. david is here with scott martin is here. the gang, the entire conspiracy is at hand. david deets, ge, you were always

bullish on it, you told us to buy it, happy now? >> we were pleased with the quarter, i mean, john flannery excellent on his plans, remember $113 billion on annual revenues. if you can't make a profit with 70% of the businesses in world-class aviation and health care -- stuart: flannery is trying to turn the company around. this is the earnings report, do you think it's a successful turnaround thus far? >> top half of first inning but i'm seeing progress. i'm seeing cost cutting, i'm seeing a plan to exit non-performing businesses. stuart: you have nuggets on ge, scott? >> it's even earlier than the top of the first inning, we are warming up the organ, stuart. [laughter] >> if you're thinking about getting in ge, watch to see if any of the weak hands the are at higher many of them that if they sell today i wouldn't buy monday. stuart: i have to tell about wells fargo, close to paying a

billion dollar fine because they forced custmost to buy car insurance, got that, that's a fine of nearly a billion dollars. i say they can take care of a billion dollar fine, that's why the stock is up. >> unfortunately it's chump change. that's been one of the financial that is we own. we like the financial sectors in general. yes, they can handle that, you have donald trump coming out this morning and talking about how, look, if you break the rules -- stuart: gron it was this morning, he tweeted about it -- >> that's actually good because protects consumer. stuart: would you buy any more of it? >> no, but if it starts to improve, yes. stuart: i want to look at nike, we haven't covered the story very much but three more executives left firm and got downgrade, i believe nine senior

executives out -- liz: they built the brand. people helped build the brand. >> i don't know enough. the shoe business is always tricky business. stuart: nike, that's right. >> i don't have the level of certainty to go forward. great brand but why these people are leaving? ashley: sales are struggling, direct to consumer business is struggling in north america, plus the exodus of executives and reports of morale not very good within the company, reports of inappropriate behavior, all kind of coming to a head right now, they need a clean-out and need to push reset button. stuart: all right, we are now 4 and a half minutes in, we are down 31 points on the dow industrials, look at this, sketchers, there's a shoe look at this sketchers. a shoe company. when they do that they take you to the cleaners.

they are down 24%. steve madden, another shoe company, the stock is up 80 cents, 2%. bigger fields is controlled by ge. they are virtually unchanged. they are up 24 cents right there. stanley black & decker, watch out. they lowered their profit outlook and they are down 3.7%, back to 148. higher profit of waste management. they see a tax advantage from the tax law. they are up half percentage point. amazon, i want to talk about alexa. they have a new feature to tell you about. suppose a babysitter is coming over. now you can program alexa to have a personalized to do list ready to go. you say to alexa, or the

babysitter says what do i have to do today. the alexa tells the babysitter what he or she needs to do. >> it's because you can do it, but you can just write down a note and leave it for the babysitter or just tell her. >> or speak to him or her when they show up. another thing i would like it to do is evaluate the babysitter's performance. does he or she watch the kids? do they yell at the children? >> you want a nanny cam. >> the programming alexa for humor. you can program it with humor and trivia and games and other offerings. i think it's great. >> it's in advance on the whole concept to the voice activated device in your hand. >> you can even be complemented by a. how are you going to advertise. people are watching tv. the whole business is being

turned upside down met with you mean they're not watching tv? this is the most highly watched news program in united states. [laughter] news and sports prevails but everything else is down. ages 5 - 10 is up. [laughter] my daughter watches, she is seven. it's friday. bank of america, downgrades phillip morris. i believe fewer people are smoking. david, would you buy tobacco stock. >> we would because some of the dividends are very attractive. phillip morris is down 15%. you have a 5% dividend. the interesting thing is people pile into phillip morris and we stayed away because they said international smokers are immune immune to the trends here. that's no longer the case.

>> if you buy it today at that price, that's your dividend yield. >> i like the energy sector better. >> if you buy exxon at 78 or 79, you're looking for or 5% dividend, or at least you think you are. >> it's a rising crude price and to me the tobacco stocks are going up in smoke. you've got people doing the saving thing, don't ask me what that is, nobody's buying cigarettes anymore, nobody is trying to do that anymore. >> it took a long time, but tobacco stock has finally taken a big hit. then we have a casino operator, wynn resorts and their having three women to their board of directors. this is all about optics.

>> what a back story. just as a majority owner of the shares of wynn, the ex-wife, they have had a nasty breakup and a battle and they just settle the lawsuit. she is calling the shots and she's building properties in and around steve wynn's other property. >> can we call that a hostile takeover. >> very much so. >> with steve out of the picture, this is a possible takeover candidate selection. >> everyone would like to get his hands on his account property. >> 940 time at. it's that time. we've got to say goodbye to scott. when you gets my age things are confusing. gentlemen. where are we on the big board? we are down 34 points.

next case, magician david copperfield forced to do what no magician ever wants to do. that is reveal the secrets of his signature trick to the whole world. it's part of a lawsuit. we are on it. new york's governor andrew cuomo claims he is undocumented and is daring the feds to deport him. i promise we will be back with that. ♪ ♪ ♪ anna and mark are heading into retirement...

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if you'd rather be home, ask your doctor about neulasta onpro. we are 13 minutes in and 48 points down. look at this. at&t is planning a trim down streaming service. is there a catch to this? >> the one catch is no sports. if you don't like sports this could be the greatest thing since sliced bread. they have a service they are launching at&t watch. it was announced by the ceo. remember, a few years ago, they had their first streaming video service directv now that was $35. month in 2016. this will cost you $15 a month

and i will be free for at&t wireless subscribers. that may be away to blue were you in to be part of their network and you get the service for free. >> thank you very much. david copperfield has had to give up some of his trade secrets in court. this is about the number 13 trick. what is that trick and how does he do it. >> depicts 13 members of the audience by random, brings him on stage, they're covered by curtain and proof, they disappear only to later reappear at the back of the theater. what happens is they go down a series of passageways and there hustled along through the mgm resort, underneath, out of the building, come back in through the back door. it's rather mundane, isn't it. but, they didn't want to give

this away. but they are being sued by a british tourist who is picked from the audience to be in the trick and as he was being hustled along, he fell and injured himself. he dislocated his shoulder. and he said it's gone on that he's in great pain and he had a brain lesion as a result and the lawyer for, copperfield said we don't want to reveal the trick in court because it could hurt him financially and they said no, we need to know the details to understand how the injury happened. >> it was a british guy. fifty 58-year-old gavin cox. i guess they will be doing that trick again. >> if everybody no caps how he's done it, it's not an attractive trick. what a shame. listen to this. listen to what andrew cuomo said about his immigration status. roll tape. >> i'm undocumented.

you want to deport an undocumented person, start with me. i'm an undocumented person. >> no he's not. >> i'll drive. >> you're terrible. radio host larry o'connor is with us. what do you think the governor of new york is up to. >> it something else. by the way, he went on to say they used to call my ancestors italian americans, they would call us top. it meant without papers. no it didn't. he's ignorant. it was a derivative of the word in italian for a handsome fellow. as a naturalized american citizen, isn't this insulting to you? isn't this insulting for any immigrant like andrew cuomo's immigrants who did it the legal way. >> i think governor cuomo is

trying to get the hispanic vote and trying to get the vote of people by lumping all immigrants together. >> it's an insult. >> rational people are making a distinction between legal immigration which is popular in america, nothing wrong with it and it illegal immigrants who we want something done about. >> one of the most important surveys or polls came out of the state of california from berkeley, a very left-wing university. 59% of californians are in favor of president trumps increased deportation of those in the country illegally. one other thing about governor cuomo who is having issues with reelection and fiesta stoop with these levels, he went through a litany of things i'm undocumented, i'm gay, i'm black. as a new yorker i represent all of these things. you know what he didn't say, aside from race or ethnicity or sexual identity, he didn't say i'm just a regular new yorker making middle-age, middle

income, trying to get through my day without the government intruding on my life. i'm trying to make an honest living. he didn't do that. this is the same mistake democrats have made year after year. >> but not with the identity of your basic american just trying to live his life and earn an honest living and actually be an american. >> larry you are totally right. how about that. >> wow, i'm going to save that for my ring tone. [laughter] >> thank you. we will see you soon. the dow is down 35 points. it's an even split between winners and losers. in a moment, i have good news about the opioid abuse. doctors are writing far fewer opioid prescriptions for these highly addictive drugs. i call that good news. we have the numbers after this.

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mark siegel is here. i call that good news. the doctors are getting a handle on the. >> someone is pushing us to get a handle on it. it's very good news. it's especially true in the northeast and in west virginia and pennsylvania. states that have had tremendous problems of opioids. why is it happening? word prescribing shorter duration, less new patients, 6% less new patients and less of the really bad stuff, the really potent killer opioids. i do think doctors are starting to wise up. we have to do a lot more wising up because there's a lot of alternatives. doctors are still prescribing way too many opioids for conditions that may not warrant it. >> i call this good news from the get-go. >> i think the trumpet ministration emphasis on opioid has played a role. we restricted how doctors prescribe. >> i got more good news. the number of people smoking

tobacco cigarettes is coming down. you can see that in the stock price of the phillip morris people. down significantly. i call that good news. but you're gonna tell us about this product that philip morris is pushing which might come here. it's a tobacco product. >> the name is iq os. phillip morris is pushing it. total sales for them are down 5% so they're looking for a cigarette alternative because less people are smoking. they're trying to push this in japan. it's something that heats the tobacco instead of burning it so it's more potent than e-cigarettes. it's not vaping. it's actual tobacco and smokers say it's more like smoking. here's the problem. it's not catching on in japan and our fda is saying we don't

know if this is safe. studies don't show. we've talked about it on the show. the fda is interested in cutting down the nicotine content of cigarettes. there in an all-out war with the cigarette industry. >> it sounds like they're winning. i don't think this product will make it to the u.s. >> i don't believe the fda will approve it. i don't think it will catch on. i think phillip morris has a problem on their hands as less and less people smoke which we ask physicians are extremely happy about. >> do you think that the function of all the publicity that smoking tobacco is really bad for you and much higher prices? you pay ten or $11. pack in new york city. >> that's what companies were hoping would make up for it. as people smoke less they charge more and then people can afford it anymore. if you can afford it you won't do it. and you have less medical bills.

it's a win all the way around. >> good news friday. >> great news if people smoke less and have less heart disease and lung disease and less death. >> 338 days since the robert muller probe began. so far not a shred of evidence linking the trump campaign to russia. i think america has a case of scandal fatigue. for the good of the country i say it's time to wrap this thing up. my take on that, next. for all the noses that stuff up around pets. there's flonase sensimist. it relieves all your worst symptoms including nasal congestion, which most pills don't. and all from a gentle mist you can barely feel. flonase sensimist.

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stuart: when rudy giuliani joined the president's legal team, he said he would help bring the mueller investigation to a close soon. good. i hope he can do it, because america is surely fed up with endless probes and investigations. our country has scandal a fatigue. how many of us can really keep track of who met who and when and said what?

we have seen the former director of the fbi go on a self-promoting book tour where he appeared on "the view" of all places. we've seen texts from inside the deep state insulting the president and covering for hillary clinton. and we've seen the attorney-client privilege abused to uncover details of a payment to a porn star. but we've seen nothing from robert mueller. he started his probe 338 days ago supposedly to look into collusion between the trump campaign and the russians. has he found anything? if he's got something, let's hear it. why is the whole country being held to ransom like this? i'll tell you why, the democrats have pinned their hopes on mueller. they want to keep the speculation going all the way through november. they don't want him to wrap it up soon. they're actively involved in a campaign to undermine a duly-elected president. but enough is surely enough. the president's been told he is not the target of the cohen

investigation or the mueller russia probe, and he has said repeatedly no collusion. robert mueller should tell us what, if anything, he's got for the good of the country, wrap this thing up now. the second hour of "varney & company" is about to begin. ♪ ♪ stuart: where are we? 31 minutes into a friday trading session we're down 42 points, that's a fraction of 1%, down 37, 24,628 is where we are. this is a huge day and a huge quarter, actually, for ge. more on that in a moment. the stock is up, having a very good day. big tech names, gotta check 'em. i've got to tell you, all of them are down, and apple is a big drag on the dow industrials. morgan stanley has cut its price target on the stock to 200. okay.

apple is right now at 167, but the fact that they've cut their price target is not a good sign. look at kroger. the stock is up. they did announce a $1.2 billion share buyback, and they're up 3%. to the markets overall, i think they've been unaffected recently by political scandal. the author of the very good book, "crisis of responsibility," is with us. i don't think the market cares that much about political scandal at this moment. i think they care more about profits and momentum. what say you? >> i agree with you 100% except for i'd take out those words at this moment. they never care about anything other than profits. to the degree scandals could affect profits, but that is very rare historically and completely nonexistent in this silly trump-russia collusion nonsense. stuart: wait a second, you do get momentary reaction. >> okay, so three days last year. there were three days of movement not even reaching to a

2% level. i'm saying fundamentally markets are, on a day-to-day basis, dealing with noise. but earnings are what markets reflect. earnings are not affected by what one day is released and leaked and this and that. it's just silly. there's fatigue in our society, and as you referenced my book, i think there's a crisis of responsibility that's playing out in this nonsense with former fbi director comey. it's embarrassing to the country, it really is. it doesn't affect markets. markets are just too money-driven which is how it ought to be. stuart: i want to talk about ge, the stock is doing nicely today, up about 4%. it actually hit $15 a share earlier this morning. what to can you make of ge? >> when a stock gets down to the low teens, a 4% move becomes pretty easy, you know? 67 cents will do it. it was a good earnings release, and that's what drove the stock price higher, better earnings than expected.

the issue is that cash flows that are sustainable, repeatable which was the heart of their business forever, they had these monstrous cash flow businesses, they're gone. they're not there. they're not part of the assets of ge's portfolio right now. they had to sell off a lot of things post-financial crisis. we need to see a better strategic plan in place. stuart: you're not playing around with ge at $14 a share, you're shaking your head? >> no. again, we're not traders. we're not jumping in to buy things on a trade. it was one of the great sells i've had. we sold it at $32 in anticipation of dividend cut. that came at $22, now the stock's at 14. i love the history of the company, but i need to see growing cash flows that lead to growing dividends for me to be interested. stuart: last time you were on the show you said buy exxon. back then it was $78 -- >> back then, last friday, yeah. [laughter] >> all the way back then. stuart: now, you also liked

energy stocks overall. i've got schlumberger on the screen, less revenue came over the transom there, and the stock is down. are you still saying major oil companies like exxon are the place to be? >> absolutely. i would say schlumberger is this sort of oil services company. it's up over 10% in the last couple weeks. so the fact it's down a dollar today isn't a big surprise. it's literally up over 10% in the near term. but we think it's a $100 stock. it's trading around 70 they're the leader in a business that is really a complicated business. it fluctuates with commodity price, and it's cyclical to the degree projects come on, they come in and support the projects, get paid a lot to do it, and it's global. exxon is a different story. it benefits from any part of the cycle, one silo their business is benefiting. i think it's up a buck or buck and a half since last week -- stuart: 78. >> high 78s is what i saw this

morning. we were talking about it last week in the 77s. but this is a company that has the best balance sheet of any energy company in history, and through time just continues to grow cash flows, very innovative, wonderful leadership. the other thing we talked about though i want to keep coming back to the pipelines, those have to transport it. i read this week, this fascinates me, they're getting so much production in texas that now the prices are having to drop for that oil because they have to put it on a truck to get it because there's not enough pipelines to ship the oil around. and so they have to go a more expensive way to transport it. the pipelines are an incredible story to invest in right now for growth and income. stuart: give me the name of a pipeline company. >> enterprise products is a big one, but another name to play it is blackstone who's investing so heavily in the space, bought a big pipeline management company last year. so blackstone is a way to get -- they have a number of energy

private equity funds. enterprise products is the biggest, epd, one of the leaders. i said mlps last week, and they put a maui pineapple up on the tv -- [laughter] so i want to clarify. stuart: by the way, i have bought some shares of the blackstone group, bx. >> yeah. wonderful company. it's sort of cream of the crop, business but fee-based businesses. their earnings came out yesterday, grew hair assets under -- grew their assetted under management 23%. stuart: again, full can disclosure, i did buy some of it yesterday at the high, as a matter of fact. >> i'm sure you did. [laughter] stuart: david, appreciate it. i want to get back to the editorial i launched at the top of the hour. i say we've got scandal fatigue in america, and i'm fed up with it. i also say the mueller probe has to come to an end for the good of the country. joining us now mike huckabee, former governor of arkansas. governor, where am i going wrong here? i say end this thing right now. >> stuart, you've never gone

wrong. today you're right yet again. it's just disgusting. i think the country is utterly exasperated with it. nothing has come of it, it's been over and over shown there has been no collusion. the fact that these comey memos came out showing that the president was actually saying to the fbi director look into this, let's get this out in the open so that we can clear the deck. you don't say that if you have any anxiety that if they did open the record, they'd find something. yeah, i think people are sick of it. stuart: the democrats want to use it as a bludgeon against the president in november. >> what else have they got? they can't say these tax consistents that put more money in your -- tax consistents that put more money in your pocket, those are bad for you. we want to take that money back, we want to spend it our way, not your way. i mean, that's no message. a lot of them are going to have a hard time defending their

votes against those crumbs. so when you look at what they have, they don't have much. when they're campaigning on open borders, you know, let the whole world come in, don't check 'em, and when they do bad things here in the country don't deport 'em, let's give them sanctuary, i mean, i hope they continue to run on that message, and we won't have the historic downturn in elections for republicans this year. stuart: you don't think so? >> you know, look, historically we're going to have a bad year. however, if the democrats continue to trot hillary out with excuses, continue to say that the people who got more money in their paychecks -- working class people -- shouldn't have gotten it and they're going to take it away if the democrats get power, let me ask you something. if you're a hard working american and you're competing against someone who's coming into the country illegally for the job, would you want to put people in power who will take your job and your additional pay money away? you think about it. now, if you want to do that, then you deserve democrats.

stuart: okay. that's the outcue, governor, and a good one. thank you very much, sir. see you soon. >> always a pleasure. stuart: all right. new england patriots' rob gallon kousky -- gronkowski not committing to playing this year, but he's putting his time and money behind another sport purchasing a substantial stake in a horse in the kentucky derby named gronkowski. >> what are the odds? [laughter] stuart: a football player, of all things. the owner says the colt is built like a tank. okay. [laughter] still ahead, from the professor who went on an offensive twitter rant against barbara bush, then bragged she can't get fired for her comments because she has tenure, there is a new financial fallout to the story. we're going to bring et to you. and it seems like every day we have a new headline about tesla. facing a probe at their factory, production problems or hedge fund managers predicting their demise. gene munster will make sense of

it all because we cover it all. you're watching the second hour of "varney & company." ♪ ♪

stuart: look another this. now we're down a bit more, 70 points lower; 24,589. move on to twitter. one investment firm upping the stock saying it is now a buy, saying the company still has mass market appeal. twitter's reach ared 32, a 3% gain. elon musk, well, he's still optimistic about producing 6,000 model 3s a week by the end of june. luke ventures managing partner gene munster is with us. all right, gene, i think tesla has a terrific product. everybody loves the tesla car.

everybody loves it. but they can't get it to market. and they're faced with these constant negative headlines. i can't think of another company with a product as good as the tesla which is in such serious financial trouble as tesla. >> so the it is a great product -- it is a great product, stuart, exactly. i don't own a tesla, but every tesla owner tells you how great the product is, and i think that's an important tell about the future of this company. they have a lot of negative headlines, and i'm going to attempt to try to cut through some of that noise quickly here. this week the story was the model 3 production which, as you said, is the critical element investors are focused on shut down, and that's a negative. that was generally the story. but the reality is, is that the shutdowns are part of ramping production. when you have a factory line, in order to improve the efficiency and speed of it you have to actually stop the line to add

robotics to it. so in our financial model for tesla, we actually have built in these stoppagings. so i think that this is all part of the bigger plan. i think they will eventually get through all this manufacturing pain and get to a point where they're producing the model 3 at scale. stuart: okay. does it ever worry you that elon musk, he's got problems with tesla in production, and then he goes off and starts talking about something else. he's building rockets, for example, or he's digging tunnels underneath los angeles. does that worry you a little bit? >> that piece does, and the reason is that elon musk -- love him or hate him -- is an important part or the most important part to this story in terms of motivating and attracting talent and really setting the pace for the companiment he's got a lot of other projects. he's been very clear with investors that his first passion is tesla, and he's going to see that through. it is the biggest risk to the story. stuart: but you're sticking with it. you like tesla, you like the

company. overall, you think it's going places, don't dump it basically. >> yeah. i think it's going to be a wild ride, but this is one of the best upsides of any large cap tech in the next five years. stuart: okay. we hear you, gene munster. how about this? amazon, they've announced they've got 100 million prime subscribers. that is a huge number, massive cash flow. i don't think there's anything to stop them. i don't see how they're going to be reined in or broken up, do you? >> i don't. it's really hard to see how this can get off track. to put it into perspective, this 100 million prime subs, most investors and analysts had expected this to be about a 90 million number, so it was slightly higher than that. but you look at 5 billion packages sent to prime-enabled packages, they delivered most likely close to 8 billion packages. now, stuart, there's 7.6 billion people in the world, that means

amazon's effectively delivering one package per person in the world. these are just staggering numbers. and here's the most craziest part of it all, it's just starting. it's only about 15% of what's bought is bought online. when you become a prime member, you spend about three times measure non-prime members -- more than non-prime members. stuart: gene munster sticking with tesla, sticking with amazon. we appreciate you being with us, gene. >> thank you, stuart. stuart: yes, sir. how about wells fargo? be -- they've faced a slew of negative headlines in the past year, and here's the latest, a record $1 billion fine coming down the pike at them probably. ash, warren buffett, he's a big backer of wells fargo. >> he's the largest stakeholder through berkshire berkshire hathaway, has 10% stake in wells fargo. we've not heard from him yet for this $1 billion fine. he had spoken out in the past critical of wells fargo. the creation of millions of bogus accounts.

he called it crazy behavior and called it a huge, huge, huge error. he said this about the company, but we have yet to hear from him. 10% stake, that's significant. stuart: it is. >> in wells fargo. stuart: the stocking seems to have bottomed around the low 50. >> yeah. there's the belief get all the a bad news out of the way, and it can start to build again. stuart: we hear you. check this out, please. what you're going to see in a moment is tonya harding's outfit from the 1992 olympic. she actually came in fourth behind nancy nancy kerrigan. right-hand side of your screen, muhammad ali's robe, the one he wore in the 1965 fight before he fought sonny liston. the first time he fought under the name muhammad ali, by the way. they're both up for auction. we'll have them on the set. obviously, the varney question, how much? we will tell you. [laughter] ♪ ♪

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hm. i'm thinking... will i have enough? should i change something? well, you're asking the right questions. i just want to know, am i gonna be okay? i know people who specialize in "am i going to be okay." i like that. you may need glasses though. yeah. schedule a complimentary goal planning session today with td ameritrade. stuart: the toy industry has a problem, kids want electronics these days. mattel is naming a new ceo to try to come bat -- combat slumping sales. the stock is down 5% as we speak. want to get to gas prices, highest level for a gallon of gas in about three years. christina, i've got a key question for you. at what price does gas have to rise to that it wipes out all the benefits to consumers of the tax cuts? is. >> well, according to deutsche

bank it's $1.05 higher than what we're seeing right now, so probably around $3.80. we haven't seen those numbers in ages, but 2014 we saw a peak of $3.70, so not high off of that mark. like you mentioned, we've seen highs climbing just in the past three years, but more specifically just in the past week gas prices have gone upper gallon seven cents, so definitely climbing higher. stuart: you notice it. that's the kind of -- you actually notice. you're driving down the street, you can see the guys with the poles changing the price as you go along. >> yes. stuart: i mean, you're talking about a gas price of $3.80. >> right. stuart: if it gets to that, all your benefits -- that's a huge jump from where it is now. >> right. and there are a few reasons why we could possibly see it climb higher, to peck meeting today -- the opec meeting today, saudi arabia saying they want to see oil prices -- anybody, any

energy company would want to see oil prices between $80-$100, but -- >> california? >> headlines that are moving crude prices. and, yes, california already is above $3w u.s. a gallon and that's because primarily their oil or gas is a little different from the rest of the u.s. and taxes. there's two reasons there. stuart: in the age of the great american fraker, and they're fracking like crazy -- >> yes. stuart: -- they're producing a great deal of domestic oil, they are, i mean, i think that balances out. >> we have a bottleneck. we can't get it through the pipes. my point is, and to what christina's saying, okay, you're talking about the whole benefit of the tax reform. what if it only goes up 52 cents? you still lose half, 50% -- >> and lower income families get the worst because of the -- >> the lower bracket. >> exactly. stuart: we can agree on that,

higher gas prices hurt. you got that, christina? >> i did, thank you. [laughter] stuart: rudy giuliani joining president trump's e legal team. he says he hopes he can negotiate a swift end to the mueller investigation. oh, believe me, we're on that one. and the vegas golden knights -- that is a hockey team -- this is their first year in existence, and now they're the favorite to win the stanley cup. is that possible? bob massi, vegas guy, sorts it all out for me. yes, we're talking hockey onny and company. and it's almost may. can you believe? we really do cover it all. ♪ ♪

♪ ♪ stuart: jojo. not one of my favorites. i didn't really get into this one at all. >> you like lucy in the sky with diamonds, right? stuart: i think they played this on the roof of the apple building in london. >> they did. freezing cold weather. stuart: moving swiftly along, the dow down 50 points, 24,600. big tech names, earlier they were all down. still all down except for google which is up $1.30. everything else on the downside. honeywell, rosy forecast for the future, and they said there's healthy demand in several of their businesses, especially aviation and defense. honeywell is up $2 at 150. still on the markets, look who's back with us this friday morning. he's the star of 2017. [laughter] when he was always telling us

this market's going to keep on going straight up. well, i've got to say you were right. since the gunning of this year -- the beginning of this year you've been very cautious, and i think your still cautious. you're not going to jump back in, are you? >> actually next week if i see positive action in the market, i'm going to start getting back in line and buying some of my favorite stocks, stuart. look at the s&p, the dow i and the nasdaq come positive sate in terms -- composite, they're all back to picked up about half of what they've lost. that's a positive sign for me. i didn't understand why the market fell as hard as it did in february based on labor number and wage gains. however, i think fundamentally everything is great. the economy's doing gang busters, in my opinion. i think with the tax cuts that's going to be stimulative. there's a lot of positives in the market that the market should be reacting more positively to. earnings have been good, but the market hasn't been reacting positive. if this is a consolidation

period, we could go a lot higher, and i'm going to start dabbling next week. stuart: next week we get the big tech with their earnings reports. microsoft, google, apple, and we're going to find out how much they really made. they have to have a really blowout report, don't they, all of them, if those stocks are going to keep on going up and if you're going to get back in. >> you're exactly right, stuart. those have been the leadership stocks along with the financials to a lesser degree, and they've been struggling a little bit. so earnings this season are going to be extremely important for the big tech companies. some of them are going to do well, some of them, i think, are probably going to have some nasty misses. how the market reacts is a big deal. stuart: who are you watching most closely? i know you used to like microsoft, is that what you're doing? facebook? >> moth is in a class -- microsoft is in a class by itself. microsoft was only down 10% in february, and it's made it back most of the way, and it's been the strongest in terms of

recovery barring netflix. netflix is another story. microsoft is my favorite in terms of the big tech names. google, underperforming. facebook, i still think that has lower to go. facebook's earnings are going to be very important, so we'll see. yeah, microsoft, if i was going to buy one right here today, it would be microsoft. stuart: but it's got to be a blow report for all of them next week before you'd even consider touching them, right? okay. >> exactly, stuart. i think the market is going to rely on those earns being decent -- earnings being decent. stuart: thank you very much, indeed, shah. now this, i was surprised at this, senate minority leader charles schumer is planning legislation, he's introducing legislation today actually, that would decriminalize marijuana at the federal level. in other words, nationwide, let 'em have it. let's talk to campusreform.org editor-in-chief lawrence jones. what do you make of this? look, i was surprised by it, but

what do you say? >> good morning, brother. look, i want to be clear, this is not the position of campus reform, but as lawrence jones, political commentator. you know, i think that we've reached this point where both sides of the aisle, democrat and republicans, are starting to revisit this issue. i mean, we have to have a conversation is it worth putting people behind bars over nonviolent offenses. i know some critics would say, yes, you know, because of it being illegal that you have drug cartels and all that. i get that. but we've seen the benefits of it, and i think people are changing their mind on this issue. stuart: yeah. i think you're right. i think this could be a political winner for senator schumer. i think it could be. you agree? >> i totally agree. you know, you've got people that are like ted cruz, rand paul, mike lee that are evaluating this as well, and these are some of the most conservative members of the senate, stuart. i think the average american has seen the health benefits when it

comes to our veterans or just look at the crime numbers when you have so many people behind bars. is it smart -- you can be tough on crime as a key, but we want to be smart on crime. i think you can see the president as well reevaluating this as well. he's a businessman, he's smart, he realizes that you've got to be tough, but in some instances we want the bad guys behind bars. we want the people that are raping children, that are sexual predators, that are violent people. stuart: okay. i want to turn to something that's right in your wheelhouse, and that is fresno be state donors. -- fresno state donors. they're seriously considering pulling their money out because of that professor who went on a profanity-laced rant against barbara bush. here is the tweet. i'm going to do it again. maybe i shouldn't -- barbara bush was a generous, smart and amazing racist. that's what she says. along with her husband, raised a war criminal. exme ty deleted outta here with your nice words.

what do you make of that impact? >> that's the only way you get change on these college campuses. stuart, we report on this all the time where these out of control professors -- i mean, she's making double the medium income for average-day americans. she did lie and say she was making six figures, she's making more like 80, but this is what we're paying our professors to do, stuart, to teach our children this type of hateful rhetoric? she should be fired. look, i support free speech, but there is consequences sometimes for your actions, and she is paid by taxpayers. stuart: yeah, look, the most direct way to have an impact on fresno state -- if that's what you want to do -- is to withdraw your money. >> that's it. stuart: and maybe not send your kids there if that's what they're teaching. if that's the kind of professor they've got, don't pay the tuition there. that's the only recourse we have, isn't it really? >> that is the only discourse but, stuart, where is the civility?

barbara bush, although she was a republican, she is one that got along with both members, republicans and democrats. she brought people together over literacy. if she was a democrat, she would have been hailed as a hero. what would happen if someone said this about michelle obama? they would be out of here. we need to have civility in this country. the donors should take back their money and to fresno state, fire her. stuart: some people have not shame. >> you just shouldn't talk about the dead. you shouldn't do that. stuart: absolutely right. well said, young man. [laughter] we'll see you in new york soon. >> see you soon, brother. stuart: how about this one from sun trust banks? they say that an employee may have stolen information from 1.5 million customers. ashley, what did this person -- >> it's actually remarkable. the employee, of course, not with the bank anymore. they say they were first alerted that this employee was trying to download internally the information of 1.5 million

people or account users, but then they've just been notified that this individual was then trying to sell it to what they call a criminal third party. so everyone that's, that may have been caught up in this is going to be notified, they're going to offer free identity theft monitoring system. but again, this just gives you an example -- we often talk about hackers from the outside coming in, but this is interesting this is from the inside out. clearly a danger. stuart: an inside job is just as dangerous as an outside hack. >> absolutely. and there's a huge market for stolen data, we know that. another example. stuart: all right. it's friday. i'll try to cheer up. [laughter] how about this one? los alamitos is defying california's sanctuary city laws. we spoke with its mayor earlier in the week, and right after we spoke to the mayor, the aclu filed a lawsuit. well, the mayor is back with us today talking about the aclu lawsuit. we'll be back.

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♪ ♪ ashley: in the last hour, john hofmeister told us, yep, prices of oil and gas are on the rise, and he says that's another reason to consider natural gas as fuel. talk a listen. >> yes, i think they will, and i think that'll continue through the year. i don't think it'll be a dramatic price rise in the sense of, you know, 3.50, $4 a gallon except if high tax states like california or new york. but it will be a continued rise in oil price. and that's why i continue to advocate, stuart -- sometime give me a whole segment -- or on turning natural gas into transportation fuel. because that is the ultimate american solution for lower prices, cleaner fuel and more american jobs. ♪ ♪ just one free hearing test at

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cuts. >> in terms of the bonus that cooperate america received versus the crumbs that they are giving to workers to kind of put the schmooze on is so pathetic. it's so pathetic. stuart: you know, i thought that was what she'd said weeks ago, but apparently that's what she said just yesterday as well. >> keeps saying it. stuart: president trump has responded with this tweet, nancy pelosi has gone absolutely crazy about the big tax cuts given to the american people by the republicans. got not one democrat vote! here's a choice. they want to end them and raise your taxes substantially. republicans are working on making them permanent and more cuts. well, look who is with us this friday morning, rachel campos tough my, fox news contributor -- duffy. >> thanks for having me back. crazy, she's doubling down on this. [laughter] stuart: yes. but, you know, look, we all faulted her when she said it was

just crumbs, oh, she's totally out of touch, but maybe it's working. because if you look at that poll in "the wall street journal," tax cuts are not popular. more people oppose them and think they're a bad idea than think they're a good idea. maybe nancy pelosi is working a political line that's working. >> i don't, i don't understand that poll. i mean, i know people, ily in middle america -- i live in middle america, i know people. they're happy about the tax cut, and so are all the business people who are also benefiting from the tax cut, so are all the people who are going back to factories and getting jobs because of all the regulations that have been decreased as well. by the way, as you know, the regulations were as important if not more important in terms of bringing back -- stuart: maybe the message isn't getting through. the democrats' message is it's all a for the rich. the rich are getting richer -- >> right. >> crumbs for us, everything for the rich. >> it's true. stuart: that message is getting i -- through the. >> in december they said, listen, you're not going to feel

any of it. i don't know how the democrats have any credibility because people began to feel it immediately as well as through the bonuses they got. i don't know how the democrats have that kind of credibility when it comes to it, but they've been hounding and doing class division and selling things just for the rich for a long time. it's what works for them. republicans need to come back and talk about not just the tax cuts, but a bigger issue. we have people running as socialists, and it's working for them. the republicans need to have a conversation about free enterprise and what eight years of a slide to socialism under barham ma brought us, which was stagnation -- barack obama. ing that's the conversation we should be having. stuart: how do you think i feel? i'm a refugee from socialism. i left england in the 1970 gz because it degenerated into a socialist society which was absolutely going nowhere. i come to america, glory -- i mean, a wonderful place. >> right. stuart: free market, individuality, and now i find socialism is back, socialism is now acceptable. >> that's right.

and if you're over 50, you don't like it according to the latest polls. if you're a millennial, you're okay with it which means the left has a hold on our universities, they're indoctrinating our children. barack obama made it, normalizedded it. bernie sanders did it even more. and, again, the conversation can't be about tax cuts, we need a introdder conversation on what are really the things that bring back the american people. it's certainly not social im. let's send all these young kids to a spring break trip to venezuela. maybe that will help explain what happens. stuart: well, your husband is sean duffy, republican congressman from wisconsin. he's got work to do. get on him, rachel. [laughter] i've got one more. i want you to listen to what new york state's governor, andrew cuomo, said about his citizenship. roll tape. >> i'm undocumented. you want to deport an undocumented person?

start with me, because i'm an undocumented person. [applause] stuart: why don't you react to that. >> it's so insane. but it shows you where the leftist sort of obsession with victimization takes you. it takes you to the point where politicians will lie about being -- he's not undocumented, he was born in new york city, his parents were born in queens. he's an absolute american citizen. but he wants to be an undocumented citizen just like elizabeth warren wants to be a native american. there is a competition for victimhood in the leftist party. stuart: you're right. >> absolutely, that's what it is. it's a competition for victimhood. now, this may work in new york city. cuomo has his eye on running for president, so this footage will be great for when that happens. [laughter] this will not work in wisconsin or michigan or ohio. stuart: i promise to save the footage. [laughter] rachel, thank you very much. see you again soon. all right. how about this? the anti-facebook.

a social media news site that doesn't sell your data. or force stories on you. its ceo says facebook's business model of sucking up user data won't change. he'll make his case. really passionate about- i really want to help. i was on my way out of this life. there are patients out there that don't have a lot of time. finally, it was like the sun rose again and i was going to start fighting back now. when those patients come to me and say, "you saved my life...." my life was saved by a two week old targeted therapy drug. that's what really drives me to- to save lives.

stuart: stocks sliding, we're down 135. maybe it's got something to do with interest rates. the yield on the ten-year treasury has moved up just this morning to 2.94%. investors don't like it, and the dow is down 138. next case, news picks, okay? news picks, it is a new social network. it bills itself as the anti-facebook. it doesn't sell your data to third parties, doesn't force news stories on you. far from it. it's the anti-facebook. news pick's ceo is ian meyers, and he's with me in new york this morning. obvious question, how do you make money? >> we think there are plenty of great media companies making money on the back of sub description. stuart: so you're going to start charging for your service. >> yes. stuart: but not now. >> we're aggregating content from a variety of publishers. stuart: okay. but it's high quality content? is. >> everything from "the wall

street journal," washington post, new york times, buzzfield, those guys are all there. stuart: but you decide what you feed to your people, right? >> yes, but it's based on what our community, our audience likes. if our audience picks a story, then we'll show that to people. stuart: okay. are you off and running already? >> yes. since the beginning of this year. stuart: and at the moment it's free. i sign on, so to speak, you get my information, but you don't use it? >> no. we have no business model around selling data, collecting data. it's not what we're about. stuart: okay. and at some point in the future you start charging me. >> if you want to. if you think it's valuable, you'll pay us for it. we think that's a fair way to do it. stuart: and if i don't pay, you kick me off. >> there's still a whole aspect of the platform where you can discover the news, have fun, engage with the community, but if you want the deeper content, that's where we're going to make money. stuart: i should tell everyone

rupert murdoch has a stake in your company, i believe. >> yes. i think it's very forward forward-looking. obviously, having an interest in businesses that are digital first, that have exciting, that have a social aspect, pulling together all the things consumers want is a really impressive thing. stuart: if you are the anti-facebook, what's facebook doing wrong? >> well, i think facebook is trying to do too many things for too many different people. they started out as a social network, and then they became social media. to be honest, if facebook had its way, there would be no internet, no e-mail, just facebook. i think that's where they went wrong. and i don't think people are going to leaf facebook. i think they're going to spend a lot less time there. after all these things that came out that facebook does do wrong. people are leaving, they're coming to us for that kind of content. stuart: news picks, is that two words? >> just one word. stuart: very good idea, young

man. all right, thank you. new york's governor cuomo, he says he is undocumented. of -- he's trying to show the suffering of all immigrants. i think the democrats are trying to attach themselves illegals. my take on that so much the hour. ♪

: . : .

the democrats are hanging their hats on illegals. they are trying to appeal to all immigrants suggesting that those here legally have strong feelings about letting illegal state. in new york state governor cuomo is up for reelection. he said i'm undocumented. no you're not. he went back to his italian roots and used in ethnic slurp and he was trying to show the suffering of all immigrants and by extension drumming up to trim

support for illegals. from mexico comes news that the migrant caravan is on the move. 500 has reached what lara and they plan to move to the u.s. border. that's a problem for california where governor brown is blocking at using engine using the national guard to guard the border. if they set foot in california, they are in and the governor clearly wants them to say a trans day. that could be a political problem. a poll from berkeley shows a majority of californians want more deportations. there is a revolt around the idea of a sanctuary state. they imply that trump and the republicans oppose all immigrants. one in four children in america has a foreign-born parent so democrats will try to co-op that immigrant related group to get them to support sanctuary cities

and century states. i hope it doesn't work. as an immigrant myself, i want something done about illegals. i think america is generous enough to get a humanitarian fix and its present trump who has the policy fix, not the democrats. the third hour of barney and company is about to begin local ♪ ♪ >> i'm undocumented. you want to deport and undocumented person, start with me. i'm an undocumented person. >> i don't believe he is. i'm not sure about that governor, but that was governor, andrew cuomo saying he is undocumented. he went to use an italian slur. [laughter] i'm so sick of politicians who

just talk rubbish. the anti- italian slur he used, he said it stood for without papers. w op. that's false. it's actually from a neapolitan word that begins with g but is pronounced with a w and it means, at the worst and, a thug and that the best end a swaggering dandy. he is a swaggering dandy. the idea is that politicians are just talking rubbish to us. when his ancestors, you didn't need passports or papers, it arose during the first world war. this idea that everyone is undocumented, it erases citizenship. when you erase citizenship there's no nation so if he's going to say he's an american and he sank he's undocumented,

we might as well rename the country because there's no country anymore. there's no nation. >> as a political ploy, i would've thought it would've been a loser. >> i think it is a loser. i think people, you understand the difference between an immigrant and people just walking into the country. you've dealt with whatever the ins has called this week and you know that it's the most bureaucratic cumbersome process in the world. so documented immigrants are the ones who are the most right to be sick of this guy he racing the distinction from people just walk into the country and those who fill in the paperwork. >> i've got more for you. even though i'm a swaggering dandy, listen to this. there are several developments in scandals and investigations and probes.

rudy giuliani joins the present legal team. got it. james comey and mccabe are calling each other liars and are going at it. i think we've got fatigue, we have scandal fatigue. were fed up with it but i want this nonsense to end. how about you. >> i wanted to end but in a way it has ended. if i were present trump and rosenstein came to me and said mr. president, i've got good news, you're not a target, i would laugh in his face and say no, you haven't figured it out. you're the target. it's all about the department of justice and the fbi and the tight little corrupt, incompetent buffoons. this is like a keystone corpse

movie that's been federalized in the federal bureaucracy with a lavish budget. when you've got james comey doing these comedy shows, you've got the director of the fbi who will be the principal witness against the deputy director and the deputy director will be the principal witness against the director, bring it on. it's about, of course the presence not a target. you guys are the target. i just wish -- >> the muller probe, if he's got something, tell us. >> you may be a swaggering dandy but you're not and a simile did because one thing you learn is that it's all about the legalism. i'm sick of the scandal but people say when i go on shows with less prophetic host than you they say do we need an independent counsel to

investigate the independent counsel. for god sake no. there's nothing to investigate. you told us about stormy daniels nondisclosure agreement. you're not an assimilated immigrant. those guys can run a good sex scandal. we can even do that in this country. it's a campaign-finance violation. he was caught with two women with extensive evidence. no one said i wonder if this is a house of lords campaign-finance. [laughter] that's the american way. when we have an independent counsel whose investigated the independent counsel that will get another independent counsel to investigate the independent counsel investigating the independent counsel. >> that's the way it is. are you as a legal citizen yet. >> oh, i'm undocumented. were all undocumented. >> his speech was all too short.

>> i packed too much in. i got excited. i will dial it back next time. >> i've got to draw your attention to what's going on in the market and your money. we are falling. we are up 190 points back to 24400. the yield on the ten year treasury is rising again getting close to 3%. investors don't like that. 2.94% is where we are. have i got this right? the market is down sharply in the last half hour as interest rates rise. >> at this time it is different. these interest rates are creeping back up near the year high. it's front and center for almost all investors. you really haven't seen this yet. basically the better part -- better part of the past decade where they have been managing and we haven't seen the sustained trend higher.

we are starting to see that. you are not seeing stocks like banks which should be doing we well, even they are selling off. i think that's giving some investors reason for pause and resume to hit the sale button. >> tell me about general electric. it is rallying today. i'm not sure what would have at the moment. i believe it's ge is at 1457. there you have it. that's a 4% rally. would you by ge at 14. >> it's like that old saying, old soldiers don't die, they just fade away and general electric truly is an old soldier, even with today's ral rally, stock needs to go up one 100% just get back to its 52 week high. ge is one of these names that will have big drops, this isn't

the stock that's headed up to it's high anytime soon. way too much overhead supply. here's a stock to avoid. >> that chart was absolutely disastrous. when straight down for the entire length of the chart. jonathan i'm sorry to cut it short but we've got a jampacked newsday. thank you sir. look at the price of oil retreating from 69 or $70.10. barrel. the price of gas keeps climbing. $2.75. gallon. jampacked hour ahead for you. we talk about how well idaho is doing financially while the state capital of boise is seeing growing pains as a result of the population surge for the governor of idaho is back with us to discuss it all. wells fargo may be facing a billion dollar fine. i want to know, is there anything else at wells fargo as

opposed to what else is going on. try edgar. on this program wednesday right after he got a phone call saying the aclu was suing the city. we are on it. ♪ ♪ ♪

look at the stock price. wells fargo is up today 80 cents higher. the consumer financial protection board announced a billion-dollar fine against wells fargo. >> present trump said in a tweet a little time ago that we are

going to loosen the bank rules but if you break the bank we will take you to the cleaners. is that what's happening with wells fargo with the billion-dollar fine. >> stuart, i'm not familiar with that tweet but the sentiment is accurate. the statute that formed bureau of consumer protection tells us to look at ways to reduce burdensome regulations and protect consumers. what the president tweeted out is exactly what the statute tells us to do. that's what we did today. we protected the consumers and enforce the law and we thought they had misbehaved and broken the law and that gave rise to this action. >> a billion dollars is not that much money for wells fargo. they're a giant company. the stock, now they know the number, it's actually up. >> a billion dollars is still a lot of money for everybody. this was a joint effort.

we work together in a way that i don't think had been done in previous administration. to get down to the dollar amount, could we have recovered more or less by taking it to trial? possibly. i don't think the folks at wells thanks it's a small amount of money. i don't think anybody thanks it's a small amount of money. this is a historical large collection and were very satisfied with the outcome. >> you still want to get rid of the cfpb. >> i worked there, it's not my place to say whether it's constitutional or should be removed. what i'm saying is the place needs to be fixed. my power as the acting director or whoever the director turned out to be is way too unaccountable to uncontrolled and nontransparent. i have too much authority as an individual. i don't answer to anyone.

if wells is upset with what happened today, they have no one to complain to. not to congress of the senator or the president of the united states. if consumers feel like they didn't get protected, they can't complain to anybody. it just comes to this office and that's not right. there should be accountability. the opinion that i have has not changed in any rate as a result of today's action. >> i do want to say that the tweet was actually delivered in december of last year so you're looking about four months ago, but the sentiment is repeated today. i want to draw your attention to what nancy pelosi, she is again blasting the tax cuts. for the benefit of our viewers, rotate. >> in terms of the bonus that corporate america received versus the crumbs they are giving to workers to try to put the schmooze on is so pathetic.

>> let me bring in the presence of response. he tweeted quickly and said this. nancy pelosi is going absolutely crazy about the big tax cuts given to the american people by the republicans. got not one democrat vote. here's a choice, they want to end them and raise your taxes substantially. republicans are working on making them permanent and more cuts. >> it would seem to me that the some degree, nancy pelosi's tactic of demagogy against tax cuts is working. the poll suggests this is a viable political strategy for november. >> even my what she's talking about. i think she made that reference originally to the bonuses that went out. i think over 5 million workers have received bonuses or increases as a direct result of this. i think they laid out that the ordinary family of four making 75 grams would save about $2000 on taxes. i guess that's what she refers to when she calls those crumbs.

i tried to ask her this, but she's never answered, which you think that was crumbs if it came in the form of a government handout which is what the democrats are always proposing. instead of getting the money from your employer or your hard work they want to get it to the government. if she could give 5 million people to a check for thousand dollars which you think it was crumbs? no. it's not about the amount of money, it's where it's coming from. republicans want you to keep your own and democrats want you to beg for from them and that's a fundamental difference between the parties. >> apart from making individual tax cuts permanent, is there any other change coming down to the tax code this year. >> we are working on a bunch of different things. that's the primary one. a couple of the provisions were made temporary for a variety of reasons. most of which had to do with the scoring and reconciliation rules of the senate. keep in mind we had structured

the bill in a way we needed to because we knew we had zero democrat support in the senate. and ultimately received zero democrat support. in order to get that 50 vote margin we had to do certain things to structure the bill. it was not ideal. we would like to make the lower rates permanent and make the depreciation schedules longer. there's a bunch of different ways we can improve the bill. the good news is, even with the part we were able to get past which was a perfect. if we could get a second bite at the apple, we would welcome that. >> you're very busy day we thank you for being with us this morning. >> think you. >> on capitol hill, baby appeared on the senate floor, ten -day-old fat in her mom's lap as her mom showed up for a

vote. her mom is senator duckworth of illinois. she is the first to ever give birth while in office. now take a look at this. a griller that mimics its trainers every move but there's a very good reason they do this with the animals. we will tell you. from muhammad ali's robe to tonya harding's outfit. it's all going up for auction. we will tell you how much. ♪ ♪ ♪ ♪

dwayne the rock johnson, the latest celebrity to launch his own liquor brand. it's called manor and its polynesian for spirit. there's no word on when this tequila will make its debut. the military joint space operations center tracking more than 15000 objects in the earth's orbit including 13000 items class if classified as

junk. most of the satellite parts, can do great damage if a satellite or space station runs into them. a gorilla mimics his trainer at busch gardens. he seemed doing a handstand with his feet against the glass. the griller puts his hands in front of her feet toward the end of the video but grella surprises the trainer by exactly imitating the handstand. there you go. yes, yes. that's pretty good. right after the mayor of los alamitos arrived on the program he got a call to say the aclu was suing his city. the mayor, troy edgar is back with us next. a building in miami is preparing to allow flying cars such place to land.

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>> we are down 210 points, interest rates rising and apple which is a dow stock is down nearly six dollars. that accounts for about half of the dalles loss. general electric on the upside, yes it's a dow stock, gain of three and half% at $14. share. los alamitos california facing a lawsuit from the aclu. they filed the suit right after they voted a second time to opt out and defy california sanctuary state law. troy edgar, the mayor is back with us today. welcome back. good to see you. >> thank you. >> one of the reasons why the aclu is suing you as they say you, the city are wasting taxpayer money. do you respond to that? >> we definitely are being sued

because it's pending litigation and it's hard to make a lot of comments. the reality is this is what they been saying through this whole process, constantly bullying us, sending us letters, warning that we better follow their direction. this was expected. we are going to take this on with full conviction that we did monday night when we approved at. >> i can't believe it but was the aclu actually watching this program? i think you got the call right after you had appeared on this program. >> i don't know. i started going back to one of my clients another was driving, the network started calling me and then they were telling me they're going to have a big press conference at city hall but that's the way they been operating. it's all about the media and starting to stir up everybody versus getting down to substance. it took us quite a while until we actually saw the lawsuit but there's a lot of pomp and circumstance amounts the way they operate. >> i want to tell you about a tweet from president trump about the governor of california. he said governor jerry brown announced he will deploy up to 400 national guard troops to do

nothing. the crime rate in california is high enough and the federal government will not be paying for governor brown's charade. we need border security and action. not words. your reaction. >> we have a national guard post in our city and i know a lot of these national guard folks that would be deployed down there. from a constitutional perspective, it reiterated why wouldn't we work with the government and i don't understand why governor brown will help us out here. >> so far we have orange county, san diego county and i think a dozen, 12 or 13 towns or cities that have joined you in opposing the century state law. when is this movement going to go north? i'm told the area near san

francisco may be joining in soon? >> kevin has mentioning specific cities or counties because then there's a tremendous amount pressure. i will tell you i've been meeting with mayors in northern california via phone and a lot of activists in the community and city council members and there is a lot of stuff coming out. they are waiting for the right time. >> do you think you could be reelected, if you stand for reelection, do you think you could be reelected if you came out. where and said trump is right on this. >> i think i absolutely could be reelected. it's funny. after i took this vote on monday, i have councilmembers and previous mayors that i have battled with that have been calling me telling me i'm on the right side, letting the council know they believe support it. i see the people who are out there with the aclu but don't

feel the representative of the community. where have those people been the past 12 to 20 years? nowhere. >> your honor, i hope we didn't bring any trouble on your back by you appearing on the program, but we want to thank you very much for being on the show. several times now. and, for in fact, being part of the charge against the sanctuary state law. we appreciate it. >> thank you. >> now this. a kaiser family foundation found that one in four children in america have at least one foreign-born parent. nearly a quarter of these folks live in california. 13% texas, 8% new york and florida. that's the immigrant community is very large. we've been talking all week about the low. .the low.

zillow. investors don't like it. it's been on the downtrend overall. samantha with the real estate group is like us. samantha, you don't like zillow buying homes and flipping them. you don't like them because it interferes with your job as a real estate broker. am i right. what exactly are they going to buy these homes for. that can really change the real estate market. if they're basing what they're buying these homes, you put a bunch of numbers in the hat coming close your eyes and you pick one and that's what a zillow estimate is. it's a little bit crazy. if they're going to flip these homes in 90 days, what are they going to sell them for?

there climbing at double the rate. we have a huge housing shortage. we also have an affordability problem. i don't think so understands how to make money in this. they know how to sell advertising and give false impressions of zillow estimates but how else are they going to make money. >> use at home prices are rising rapidly. that's how they're going to make money. they will buy them, flip them and make money. >> but the buyers can afford them. buyers are not scared to rent until sellers become realistic. that's why there's a slowdown in the housing market .

in 2010 there is a good amount of money to be made. i'm going to call and say that zillow isn't going to be flipping homes, they are going to be landlords. mark my words are not. >> i will mark your words on that. a miami real estate developer sees flying cars as the future. laying the groundwork for a skype port on the roof of the paramount miami world center building. what you say about this? >> right now it's an observation deck and he swears people will have flying cars. if you see miami traffic, you need a fine car but people in south florida can drive as it is.

>> look at all the publicity he got bison were to have flying cars land on the roof. i've covered it twice, fox news has covered it, i'm sure it's been on local stations as well. you are cashing in as well. >> i mean, of course, why not. are you going to buy it because of that? maybe. how much is the fine car going to be #. >> thanks for joining us. >> apple shares are at a steep loss. they're down three and a quarter percent. it is the biggest drag on the dow. it's dragging down all three market indicators. concerns about weak iphone demand in china has taken it down. that's a huge drop for apple and it's hurting the overall market. twitter is one investment firm.

kroger is going up in a down market because they have a one point to billion dollars share buyback program. then boise idaho, population surge because of the state's booming economy. that is bringing problems with it. the governor of idaho is here in just a moment. how much would you pay for an autographed sandy koufax jersey, one he wore in the game? the price may astound you. it did me. we are down 155. we were down more than 200. will be back in a second. ♪ ♪

i'm nicole with your foxbusiness brief. new ceo coming from mattel. they've had four ceos and four years as they were to turn around the company. it's at a nine year low.

she has overhauled the management. she's unveiled plans to cut costs and cut $650 million but was not able to reduce the company slide. the new incoming ceo is known for deals for mergers and acquisitions but he did two deals with disney prior to this. the analyst there suggests he may be working to make an acquisition in the future,. [inaudible] those talks stalled.

at crowne plaza, we know business travel isn't just business. there's this. a bit of this. why not? your hotel should make it easy to do all the things you do. which is what we do. crowne plaza. we're all business, mostly.

i've got a headline or two from john williams. this may be one of the things moving the market down. he says no long-term economic growth from the tax plan. short-term tailwind, not so much long-term. the fed will continue gradual rates. maybe that's a factor in the downturn. president trump blames oil prices on opec. here's what he saying. looks like opec is at it again with record amounts of oil all over the place including the fully loaded ships at sea. it's no good, it will not be accepted he said. in chicago, jeff said that.

[inaudible] trumps that i won't be accepted. what's he going to do about it. >> one trader said to me he can't do squat. that could be a little broad brush and not to disagree with the president but they been talking about weeks and months that the oil supply has been coming down. demand has been rate because of the positive economy. that has shrunk supply. there's not as much oil out there as we thought. some people suggested petroleum reserve, that would be one way to go and i will be very short-term but in the terms of other stuff, most traders seem to agree there's not a whole lot the president can do beyond job owning. if you look at the chart today, maybe you see you can tell when the president tweeted. you look and see the price drop off the table. that is the power he has, the job owning because the saudi's

have been doing that talking about 70 or $80. barrel. don't get into a job owning war with the president. >> the population surge in a booming economy in idaho. this newfound popularity brings with it surging home prices and locals, they are feeling the pain. joining us is idaho governor. this is a nice problem to have. surely you're not complaining. welcome back to my weekly show. [laughter] we had a good time last week and will have a good time this week. yes, certainly, that kind of success will be part of the

problem but we will adjust. i remember not that long ago after the dodd frank bill passed and everybody was going to have a home. what led us into that recession was the turning of homes and combining of mortgages and the results were that the folks just didn't have the economic and financial metrics to meet what demand was better we will catch up. we're building a lot of apartments all over idaho and there's an awful lot going up in boise. we will have housing. >> you got a booming economy. what is that based on the? is a natural resources? >> and as we talked last week, i think it's more what we did during the recession by not raising taxes, by cutting a lot of unnecessary regulations and

by focusing on our strength, and yes your right, our strengths are what we cut out of the force, drake and chad dig out of the ground and grow on the farm. that's why plants like giovanni and other large companies are moving into idaho. as a result of that people are moving in and they want these high-paying jobs. the result is you will have some problems down the chain. >> have you still got the welcome mat out? are you still saying come in or using wait a minute, we've got a few problems here, back off. >> no no no. at 3% unemployment, i've got roughly 23800 people out of work, but i've got 24000 jobs they can't fill. what we've and ever to do is we've created two community colleges during my term as governor. we broadened the education perspective so we have more students that are graduating from high school. they take two more steps and

they get their associates degree having finished the first two years of college by going online. >> will we see you next week? >> well i hope so. i hope one of these days you'll take me up on my word and have a broadcast from star idaho. >> were debating on coming to idaho or to the belly of the beast in berkeley california. [laughter] >> stuart, you do that and i will find you home. >> governor, you're all right. thanks for joining us. i've got this for you. andrew mccabe response to the comments from his former boss jim comay. he said he is upset and disappointed about those comments. james comey has backed findings that suggested a criminal case should be brought against mccabe. he also says he could be a witness in the investigation.

look at this. tonya harding's dress from the 1992 olympics is here in our studio. it is up for auction. this is what she wore at the peak of the nancy kerrigan scandal. the question is, how much is it going for? we will be back. as a control enthusiast, i'm all-business when i travel... even when i travel...

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do we have some cool sports memorabilia for you. bringing them to us is ken golden from golden auctions. welcome to the show. item number one, tonya harding's outfit that she wore in 1992. was this the outfit she bashed

in nancy kerrigan's knee. >> this was before. >> i say 20000. >> i say 10000. >> it's from the olympics and world championships. our estimate is 25000. >> muhammad ali's robe that he wore when. >> this was the rematch for sonny liston in 1965. it was the phantom punch where they both thought he threw the fight and what's important is this is the very first time he was ever identified as mohammed i lee adhesive and changing my name. i'm no longer cassius clay. how much? >> we have it estimated at a quarter million plus. >> rightfully so. >> i see in the middle, is that sandy colfax jersey. >> yes. that's from the greatest pitching year in history. he won the cy young award, the most valuable player award, the world series and the world series most valuable player award. it's extremely rare. the only one known from that season paid we have that estimated at a half million pl

plus. >> well. a half million dollars. do i see an autograph on that. >> yes it is also signed by sandy colfax. >> right in front of me, that looks like a babe ruth contract. i'm not quite a touch it. >> talk about a bargain. what's unbelievable is the immaculate condition. this is his final contract from 1934 with the yankees. they paid him a whopping $35000. year. it's his final contract and we expect this to go significantly more than he earned that season, well over $250,000. >> that's fantastic. i wish we had more time because you have more good stuff. the auction is online. it's going on now. >> it's online right now at golden auctions.com. it's gol din auctions.com. these are items from a large

auction we are hosting on april 28. you can bid online if you want to register for the live auction you need contact us and get approved. >> all these commercials, i keep given them to you. thank you so much. i really enjoy your stuff that you bring with you. it's fantastic. >> i love coming here. we will be back.

stuart: earlier we spoke to the ceo of newspicks. now, that bills itself as an alternative to facebook. unbiased news and your data is safe. by the way, in the hour following that interview, the app has been downloaded 800 times. that's according to the ceo who was on the show. behold, the power of "varney & company." neil? neil: 801. [laughter] stuart: excellent. [laughter] neil: thank you very much, my friend. have a wonderful weekend.

stocks are not having a wonderful friday, and a lot of that with a lot of cross currents including what's going on in technology land and oil and everything else and people trying to make sense of apple under the gun. we're going to get into that, but we also want to keep you abreast of developments in washington that could affect momentum at the corner of wall and broad, not the least of which is this ongoing investigation, the whole russian collusion thing and whether the wheels have come off the wagon and it's sort of out of control.