and it's appalling the senate foreign relations co. could today backed pompeo's nomination. they need to look in the mirror and stop thinking about themselves. trying to stop playing politics. dagen: right. maria: stuart varney on "varney & company" right now. >> for several years to technology companies have shocked the world. they've innovated their way to global dominance. they've racked up and helped rally stock prices to record levels. big tech is a big deal. this week we will find out how much money did they bring in recently. this week's report will have a big impact on your 401(k). this too should have impact. the benchmark for interest rates after the 10 year treasury yield nudging right up against the 3% level, a four-year high. it's not been that big a deal this monday morning for the stock market.

look at this spirit we will open higher across the board. not a huge rally. the dow 40 come s&p 500 and nasdaq 25 points higher. president trump keeps up the pressure in north korea. he's day to urge kim jong un to get on with it. act fast to dismantle your nukes. just because you've halted missile tests, don't expect any easing of sanctions. he's holding to a very testing. now perhaps the outrage of the day, the senate foreign relations committee is expected to reject mike pompeo his secretary of state. the democrats think he is too hawkish. roll your eyes, folks, kim jong un must be loving that. "varney & company" is about to begin. ♪ do not adjust your tv sets,

america. two americans and british accents are about to talk about the royal -- he was a boy. ashley: was indeed a fifth in line to the throne will be further of course to george and sister charlotte. everyone is doing well. the duchess of cambridge is reportedly doing well. the baby is doing well. now what is the name. [inaudible] so the question is what name is going to be picked? they love to lay a bet in the u.k. william hill has the favor a two to one follows closely by albert, which is interesting in any head james, alexander, jack and tomas. liz: not stuart or ashley? stuart: well, we are very glad. we will be reporting this again.

all of america is tuned in. next case, your money. close monday morning and you've got to go up when the opening bell. 40 points up for the dow industrials. adding close to 3% early this morning and now it's backing right off. to .96%. maybe that is why stocks are going up even though you've got a high 10 year treasury yield. peter morici is with us. we've got the 10 year treasury nudging up very close to 3%. but the stock market can open higher. you want to explain that? >> you hit it with the text that profits to be used. the notion that somehow the congress is going to easily regulate google and facebook. it may be easy to do but they're not going to do it.

looking further down the line, some things could derail this. seventy-five dollars a barrel at the same time the treasuries go above 3%. something comes out of the north korea mass for the may 1 deadline with europe on the steel tariffs. all of those things could play in. if they don't, they should be clear that technical indicators indicate the stock market is finding her footing again. stuart: with a 17% of the companies have reported their profits and eight out of 10 of them did better than expected. if that continues in this week is a big week with the big tech companies coming out with their profits, alphabetic come in the sun come the facebook, microsoft all-out this week. do you think those tech profits can dictate the future of the whole market? >> they can contribute significantly. the broader market should be doing better. they shouldn't be so remind on

tech. the answer there is ken president trump display a steady your hand on the matter? all of this reading, whatever i say, it could all be derailed at 9:00 tonight my president trump saying something irritable i twitter account. the economy is solid. now it's a time for steady as you go rhetoric. trained to look, if i'm an investor i'm not going to be buying or selling stocks on the expectation of what president trump might or might not treat here i look at profits and i look at the future of the economy. if i do that in looking at good profits and a growing economy and i'm looking for reasons why i should stow my stocks. >> not the expectation. but if he does something? i think we need to start placing sanctions on russian oil companies are at all the sudden oil is about $80 a barrel.

that's the thing we have to watch out for or with north korea and his rosy scenario which is by no means certain. stuart: you could've said that at any time. you've got a mind of the excel off straight back up again. the market back to nonprofits and fundamentals. >> i agree with you that the market should act on fundamentals and the fundamentals are very good. as long as they stay strong in the geopolitical circumstances don't get in the way, the market should go what appeared creatively like it, peter. we will go up to the opening bell. as you say, no telling how this market closes monday afternoon. morici, we will see this afternoon. take care, sir. hasbro profit out of short. the premarket down 4%. another toy maker, natal, had trouble last week. bottom line if kids want electronics.

the other prints whatever his name is. [laughter] we don't know his name. oil service as halliburton are making money but the stock is down nearly 2%. sears shares jump after the hedge fund recommends the sale of kenmore and other assets. 12% up on sears holdings. the price of oil down more than a buck edging away from the $70 a barrel level. price of gasoline holding steady. we are at $2.76 per barrel. much hired by the way in california. politics. a senate panel believe it or not is poised to vote against backing pompeo's nomination as secretary of state. fox news contributor james freeman from the editorial board with us this morning. i am outraged. am outraged. i can't believe you're going to do this but they'll do it. >> this is the resistance to

trump's presidency 18 months in still trying to deny him his advisers. i don't think there is a reasonable argument that we don't have foreign policy challenges. i don't think there is a recently as secretary of state. i don't think there's a reasonable argument that is not qualified. >> it's about the ibm deal, isn't it? pompeo takes a hardline on the ivory and deal, which may be scrapped next month. that's the last remaining vestige of the legacy. democrats do not want to see that swept away. >> that's certainly part of it. this is a first to deny trump appointees across the government. i don't think you really should be mike pompeo and you look at his record going back to his sterling days at west point. it is a very strong resume. there is not a substantive reason. stuart: is correct to say the foreign relations committee may vote him down, but then it

probably goes to the full senate where it's almost nominated as secretary of state. this is a massive little hick up. i want to look at president trump treating on north korea. here's what he said. we are long way from completion on north korea. maybe things will work out. maybe they won't. the work i'm doing now should've been done along time ago. by the lake on the north koreans have suspended missile test in releasing her prisoners. >> i would not be optimistic given the history of this regime. but let's say he's right that his predecessor have a very low bar on performance in terms of failing to get north korea to change. if he in the short-term is getting them to stop testing, that is progress because it means they are not advancing their programs and capabilities to the extent that they stop testing. stuart: no other president has done that. >> i hope he understands the

economic leverage he has. as he's looking for an arc of the deal to get china to work with him. he's got a lot of issues with china, but north korea's economy is smaller than rhode island. it does almost all of its trade with china. there is economic leverage here in let's hope that he knows how to exercise it, how to use it in north korea responds to it. >> is extraordinary to think we may be on the brink. liz: i don't think anybody saw that coming. stuart: no comment he is standing firm. stay here. a lot more for you i'm sure. features 20 minutes away from the opening of the market. we will be up not much but up despite rising interest rates. rapper con yea wes says he's a big fan of tesla. he went on a twee storm about the tesla that eons. he says it is the finest car is ever driven. 50 people from the caravan of

migrants has reached our southern border. they say they plan on seeking asylum in america. congressman devin nunes on the house intel committee says there is no intelligence to support launching the russian code. napolitano coming up next. ♪ with expedia you could book a flight, hotel, car and activity all in one place. ♪

stuart: higher profit, higher sales that are required. to make a lot of papers for the stock is at 3% regulated. but arafat has anything to do with the stock price. more people are flying alaska air. the stock is up one point i%. let's get serious good insight on the russia, russia from the house intelligence committee chaired coming devin nunes. roll that tape. >> we have long wanted to know what intelligence did you have

that actually led to this investigation. so what we have found now after the investigators have reviewed it is in fact there was no intelligence. stuart: there was no intelligence. look at this. judge andrew napolitano. what does that mean? >> i've been critical of congressman nuñez who i know, like, respect, for whom i agree on many political issues critical over this. it is very dangerous for politicians who happen to have national security clearances which is very few members because they share the house intel committee to look at raw intelligence and cherry pick it and summarize it in this very dangerous. expect them to do the same thing and come up with a different conclusion. >> no intelligence report that sparked the russia thing.

stuart: he needs to look at everything. the other 90% is investigating crimes. until about five years ago when the fbi began to get very politicized or at least when he learned how politicized it became, if congress sent a subpoena to the fbi asking for their file midstream while criminal investigation was going on, they would send a subpoena to a federal judge who would crush it because the contents of an active investigation scares away witnesses and frustrates the investigation. until now when they believe they fight fire. even in the middle of an investigation. get on with it.

>> this will result in intelligence agencies not being candid with congress if they believe they are brought intelligence will be exposed, cherry picked it is for political purposes. traded this results in the end of the russia, russia, russia investigation. >> why you keep repeating yourself? i know why. it sounds the way you want it to sound. stuart: it's not that it's not bad. i want to figure out why on earth did they get into this russia, russia investigation. there's nothing in intelligence to want that investigation. i find it bogus right from the get-go. >> what about 13 russian persons and entities indicted for enduring that the campaigns sanctioned by the president of the united days with financial sanctions he obviously agreed with the indictment. stuart: i've got a move on.

sylvester stallone told me the story of heavyweight boxing champion jack johnson. trials and tribulations were great. it's a complex and controversial. others have looked at this over the years that most thought it would be done, but i am considering a full part. >> this was an egregious, racist face prosecution. he was prosecuted for taking his girlfriend over in a state lines >> his girlfriend was way. it eventually ruined his career. this is the type of race-based government that we have in the era of world war i fostered by woodrow wilson and the justice department there should be eradicated at every opportunity. nature the president on for this. i don't know why his predecessors didn't do it. it sends a signal to the world that when we uncover race-based prosecution and we will undo

them. we will see you later. were we going to open? of about 45 points. a lot of nice things to say about our president. could he be america's new best friend in europe? more "varney" after this. we just got married.

we're all under one roof now. congratulations. thank you. how many kids? my two. his three. along with two dogs and jake, our new parrot. that is quite the family. quite a lot of colleges to pay for though. a lot of colleges. you get any financial advice? yeah, but i'm pretty sure it's the same plan they sold me before. well your situation's totally changed now.

right, right. how 'bout a plan that works for 5 kids, 2 dogs and jake over here? that would be great. that would be great. that okay with you, jake? get a portfolio that works for you now and as your needs change from td ameritrade investment management. stuart: moments ago, president trump treated this about mike pompeo. here it is. hard to believe obstructionist. the dems will not approve hundreds of good people including the ambassadors of germany. they are maxing out the time on approval process never happened before. need more republicans. you watch the show. transfer you know what, it is ridiculous. i don't like giving his opinions. syria, china, north korea breakthroughs. democrats voted for pompeo in cia director another flipping

against. drink you don't to express opinion? that's a first. we've been together for five years. now this. president of france emmanuel macron in america showing support for president trump. >> i'm here to meet with the president of the united states and the people of the united states elected him up front. >> i never wonder that. stuart: james remain with us. emmanuel macron seems to be our only. >> is providing a nice example that a lot of the domestic political opponents might take care instead of resisting because he obviously has differences with mr. trump. he pulled us out of the paris climate deal. but he understands the

responsibility that we have a lot of issues i need to work on. he does have some commonalities. both political outsiders. he's also been trying to shake up the french economy similar to the initiative here in the u.s. and he sees the problem with china's intellectual property theft. what is trying to do here is shifted trump trade trade agenda provided with lots of people to fixing the china problem. ashley: they both outwitted the establishment. but also they've been together on the military side in syria against aces. there's some sort of connection and they talk frequently. there's lots of things they don't agree on, climate change, the iran nuclear deal, trade, all of that, but it doesn't matter. they share the same kind of political standing.

stuart: where are we going to open? 4.5 minutes away. we will not that much better he had points for the dow industrials. stay right there as we take you to the wall street opening bell moments ahead.

stuart: right monday morning will be opening the market in 15

seconds. remember, with please on friday, the dow was down 200. closed out the session at 24,400. in ten seconds open up this monday morning we're expecting flat to slightly higher open. no big move either way. at least in the early going. bang, up we go 9:30 we're off and run wring are we going ever so slightly higher, 2530 points. 36 points, 38 points. look at that we've reached 24,500. and e in the very early going, it's a fractional gain roughly a quarter percent. now we're up 54. that's a quarter of one percent higher. tell me about the s&p 500 -- broader base indicator, it too is up exactly almost exactly, a quarter of one percent. now, the nasdaq remember please, we get tech profits this week. these, this is the technology indicator -- and it's up nicely. up a third of one percent. so best gains this morning so far -- probably in the technology sector.

look at the tenure treasury yield backing away from 3%. you're at 2.97% right now. look at the price of oil backing further away from the 70 a barrel level we're at 6742 as we speak. the price of gasoline didn't do much over the weekend. inched up a fraction. $2.76 is your national average it is about 8cents higher in california you lucky are people. lots of technology profits on tap this week. alfa bet amazon facebook, twitter microsoft and more on that in a moment. all of them have opened higher. it is monday who is here? ashley webster elizabeth mcdonalds and james freeman you met them all already. jeff seeinger is just making his first appearance on the day, the week and not quite the month, no. all right are you choired that if the tenure treasury are yield hits 3% we'll have a selloff? >> well here's the main concern. first of all of interest rates move up since they've been artificially suppressed it's a

good thing. but my main concern for the market is a lot of l investors have been starved out of the bond market and have bought stock to get dividend. then when you see interest rates move up when you see bond yields move up, you have the risk of investors moving from the bond, stock market back to the bond harkt. i think that's a little ways off. but it is a concern there's a lot of pl starving if investors out there who want yield and are a little concerned about the stock market. >> but you can still get a much better yield on a very safe stock than you can in a tenure, treasury. >> and that was the what the fed did. they tried to get people out of the bond market into the stock market. those were the concern. >> now, the big deal this week is is the high-tech companies and their profits they're reporting this week. so ben, i'm going to back to you, jeff. i think this is pivotal for the whole stock market. not just for those stocks on screen at the moment. the whole market depends upon those profits.

what do you ?ai >> it is paramount because keep in mind those five companies have driven 50% of the gains in the s&p last year. they are very, very important. 50%. yeah. i think what's going to happen what's going to happen is their numbers are going to be great but their guidance is going a little bit cautious because there are concern about, about china in the trade war. >> so that's where -- that's where it gets important. >> james freeman i say that absolutely critical. these profits from big tech critical for the rest of the market. you say what? >> i think there's no doubt that we should say there's little doubt that these bad headlines have affected their performance where people are expecting very good performance and looking down the road yes there's concern about regulation. but history says the big incumbent in an industry do just fine under a heavy regulated environment. >> by the way, since 2013 you throw in video and microsoft it is about half of the s&p 500 gain. you know the tax cuts have not

been full factors in yet to earnings why they've been taking tax hits and writeoffs. the way that bill is structured when you you know that one time hit for repatriation. >> at 4:00 this week i would love to be there. but no i'm not volunteering. [laughter] >> can be done. stuart: the parent of google -- is alphabet, "the wall street journal" says, google gathered more personal information than facebook. what's that about? >> interesting because their say if you've heard controversy of well facebook did. but they say that pails in comparison to what google has over a billion people have a google account and yes they track you whether you're logged on or not. and a the premise here is that basic -- premise of the business model if you like per social media platforms is privacy invasion. that's how they get the information. what we don't know is the reach they have.

the extent of the day de tay they get and what they do with it. facebook is tip of the iceburg someone like google is huge. and the volume alone will be will raise eyebrows. for sure. >> doesn't like it and maybe buy in the dip opportunity at the eu and regulators step in on that right -- >> glad they will. and concern is whether or not the government has to step in and implement these -- these -- methods to keep them from districting this information in a reckless way that's where it becomes honor -- >> beginning next month you have to disclose a lot more -- and you also have to get a lot more permission from users to do what you want to do -- wrchtion that information. with all of them. last word to it james. >> i'm not sure invasion is the right word. i think all of these headlines are a healthy remindinger that this is a trade. we are trading information about ourselves in return for free services. >> right. so this is the question and if you're cheering on war regulations some people are -- remember that means we're going

to be paying more for a lot of tech services we now take for granted and use for free. sk we used to have an amazon story every single day we dropped off a little bit recently but i have one now. bloomberg suggest amazon has a top secret plan to build home robots. what do you know? >> apparently according to bloomberg doing this for some years is code name vesta that's the name of the project. it's basically an ambitious top secret plan to build a domestic robot robot for the home. what we don't know at this point is what will this robot actually do? [laughter] leave that to your imagination but you could probably travel around the house much like they believe it will probably move arpgd like driverless vehicles and cameras and intelligence and enhance sensors so you could have a alexa and turn around and whatever -- >> so again rough bot deeds -- >> yeah. basically a robot. is sounds great it really sounds

absolutely wferlg doesn't it? but. doesn't always work. now technology is not always user friendly so i have a problem turning the tv on. still laughing at me. they're laughing at me on my own -- [laughter] stuart: just confirm they are laughing 589 me. >> with you. quiet with on the set. [laughter] >> it would quit. stuart: my robot would go on strike concern did lover we're up 51 points. now couple of individual stocks here we go. hasbro a toy all right profits fell short down goes the stock not much but down 3%. lukewarm results from an oil service company. hal beer ton stock is down 2% almost. high per profit of the paper maker, kimberly clark and the people who make tissue and by the way it is a boy, prince whatever his name is -- a boy. kimberly clark will stock sup a

little. more people are flying alaska air. that stock nice gain. 5% higher. sears that stock up. eddy hedge fund he recommends the sale of kenmore and other assets that's popular up 3% there. here's a big story. wal-mart close we we hear closeo buying big chunk of the amazon of india which is called flip cart. jeff seeger you're an amazon kind of guy. you buy a real estate there amazon properties. do you think this is wal-mart really going after a.m. dismon >> amazon is -- is a close second in india. this is a very smart thing for wal-mart to do india is the growing market. and -- right now wal-mart have been johnny-come-lately they're trying to desperately to get into e-commerce in a big way and they're succeeding but they have to be concern it they have to begin to pre-empt a lot of what amazon is doing because amazon

is still going to be close in india and they could come up behind and take the lead very -- >> we have a wal-mart story of the day and every day -- now, you are close we hear to buying the stock of -- tj x that's -- tj pilox and also dollar general you're considering actually buying these stocks. >> yes, as one of the people who knew that amazon was going to annihilate a lot of retailers and yes believe it or not, even me is considering buying maybe 20 shares of a stock. wait a second. you're the guy who buys the land these big retailers especially amazon they use. so are you buying the land under t.j. maxx and a the other one or buying -- >> dollar general we own quite a few general stories. we bought that, in a lot of ways, the dirt or for these companies is worth more than the stock we found that in dollar general and when i started to research doing the same thing

for t.j. maxx what i found out is t.j. maxx is an unbelievable company. they are very, very attractive to the millennials. the bargain it is that they offer you go into any t.j. maxx store, with you'll see lines out the door in a lot of cases. people come into those stores to collect bargains, and have to keep coming back because they find a way to change their -- their bargains and people shop for them as if they're on a treasure hunt and i think it's a great model. >> jeff seeger t.j. maxx shopper go again. 25 big hitter hang on i like this story. you know harley-davidson offering what best summer job ever. they want to hire 8 people to ride a motorcycle arranged country and document their experience. clearly they're going after millennial market. >> sounds like best summer job with and a lot of sleepless nights for parents. i don't know. i think it is kind of dangerous to put an 18-year-old on a motorcycle. >> i'm fine -- [laughter]

>> that job i have a harley i have -- believe me before the show. pif a harley i do have one. i currently -- >> boy a motorcycle right -- the profits have been cut in half at harley-davidson. >> and truth is they are -- dangerous and harley-davidson needs to appeal to the millennials that's what they're doing. but the fact is -- there's very few experiences like riding a motorcycle. millennialings learn in a safe way to ride and harley david it son capitalizes on it could be next error for harley-davidson. [laughter] >> and lizzy you come out and you've got these eight youngsters to get a motorcycle around the country all you have to say is i worry for their parents. >> electric bike instead. flf [laughter] on the electric bike am good discussion for monday morning except for you liz. thank you very much indeed james freeman. jeff, dirt owner -- [laughter] check that big board we're

holding on to a small, small gain. 48 points higher at this point. turning point usa charlie kirk you know him well got back from a trip to border he says a lot of work needs to be done to stop illegals from walking into our country he'll be with us in a moment. country music star shania twain making a big apology after saying she probably qowld have voted for trump. we'll with sort that one out in a second. prudential asked these couples: how much money do you think you'll need in retirement? then we found out how many years that money would last them. how long do you think we'll keep -- oooooohhh! you stopped! you're gonna leave me back here at year 9? how did this happen? it turned out, a lot of people fell short, of even the average length of retirement. we have to think about not when we expect to live to,

but when we could live to. let's plan for income that lasts all our years in retirement. prudential. bring your challenges. racing isn't the only and with godaddy, i'm making my ideas real. with godaddy you can get a website to sell online. and it will look good. i made my own way. now it's time to make yours. ♪ everything is working just like it should ♪ "i have antivirus, but my computer's still slow..." "i think it's time for the fixmestick." fixmestick is a plug-in virus removal device. it's the smart, simple way to clean an infected computer, with a whole lot going on inside the stick... [computers sound] "this one got around the antivirus software!" "not a problem." "we're on it." and because it connects to the internet, fixmestick it's always up to date.

>> holding on to a very small gain 28 points higher 24,91. the online retailer wayfair has a holiday coming up amazon's prime day ol alibaba singles

day. is that what it is nicole? >> you can call it like black friday amazon did that prime day after 20 years and 2015 to celebrate and alibaba came by college students in the 1990s and single college students like the valentine's day and now wayfair has way day coming up, april 25th, why do they choose the ?ring well the obvious, people clean out in the spring. they move out. and they may need to buy new home goods. so this isfair to compete against all of them including amazon, wal-mart, target, so they want to get in the game and giver you some huge discounts. >> stuart. >> i hear you thank you very much nicole. you know that migrant tarvan arrived in border charlie cooke is with us and he just came back i think he came back from the arizona border mid-tucson is that right sir charlie what had did you ?iend what was there? >> it's you know i was just so

frustrated to see illegal immigration issues so talking with a good buddy we were so frustrated and like let's go down to border to see it for ourselves and we filmed a little video that is really gone viral millions of views and there's no border. i mean, people think that there's a wall we made a video making fun of it. there's a copper bar. literally that's what our politicians are using as a sad execution to defend our country against ms13 and flow of drugs and illegal guns coming into our country. and it wasn't -- it's totally and completely unprotected in number one with drug corridor in the u.s.. and this is where the heroin, opioid epidemic is really being -- you know fueled fueled from so s astonishing people need to see images and understand how weak our borders really are. because this idea that we have any sorts of barrier at all is just completely and totally untrue. >> well said charlie that i think video makes point very clearly. i want to turn to another subject and i do apologize mispronounced name of a country

singer shania twain is the proper name. and she is now apologizing after she said she qowld have voted for president trump. to explain this all to me, will you? >> well, she said what she believed and she said what she believed to be true and then all of a sudden saw retribution and backlash from intolerant communities unimaginable you know the hollywood -- music recording industry. that does not allow any deviation from the left orthodoxy and look we need more selects that will challenge the status quo and over the weekend, our communications director candice got a nice tweet from kanye west and whole world is blown up some parallel here that you're not allowed to be a conserve ifertive if you're in the music industry you have to left this line and, obviously, she said what she believed that she had to apologize because she's now afraid to get backlash or lose sales. but it should be okay to be a conservative until hollywood. and unfortunately they've made a

culturally unacceptable to deviate from that. >> i take your point entirely it should be perfectly okay to enter the debate as a conservative. and have a reasonable hear backwards and forwards but i would point the point that this hostility towards conservatives especially on social media is a winner. it does brow the people into apologizing like this it has a winning strategy thus far. >> i think you're right. i think that'ses unfortunate and it should be completely and totally unaccept coble we need celebrities and music recording artist to say i want have voted for president trump and if you don't buy my album i guess you didn't like my music in the first place and politics to get in the way to attend my concert that's ridiculous and what we need is ideological intellectual diversity reinsertd back into culture and that's what the left has been had so good at doing. is that they've stigmatized idea of being conservative that if

you dare disagree with them you're somehow a worst person. and that's what you've seen here with this latest example she says veiled voted for trump and she gets a back lash that is unimaginable and then apologizes. but did she apologize for what she said? or what she believed that's a huge big difference is she sorry she said it or sorry she believes it and i think at the very core of it she's sorry she said it but doesn't any less believe it i think that's wrong with hollywood they don't allow any diversity whatsoever. >> nonwhatever. period. charlie thanks for joining us sir. see you again soon. now this. a woman is fined for a free apple she received on a delta flight. what? >> 500 for a free apple so crystal l this happened last week coming mommy from paris lands in the first leg in minneapolis. random search of a bag. they custom -- officials finds an apple in a delta bag plastic bag, that says that delta logo she says was

your trip are to france expensive she said yes and about to get more expensive and with a $500 fine. can i eat it or throw it out no custom is sticking by position here and saying you have to report agricultural items. here's the wrinkle delta's food comes from a u.s. based supplier. right, so she could say listen, this was a pus based supplier that's where i got the apple from it wasn't overseas. >> i'm sure she'll appeal. good for her. now, check that market, we're -- we're what 20 minutes in that's all we are, and it's a fractional gain. it looks like a dead even split winner and losers dow sup 6 that's it. next, the sun of one of the peel kilted in the 1975 terrorist bombing of francis tavern in new york city -- out with a new book about the attack. the author says president obama dismissed his father's life when he pardoned the left wing terrorist who organized the

bombing. he's on the show and he'll tell his story, next. just another day on the farm. or is it? this farmer's morning starts in outer space. where satellites feed infrared images of his land into a system built with ai. he uses watson to analyze his data with millions of weather forecasts from the cloud, and iot sensors down here, for precise monitoring of irrigation. it's a smart way to help increase yields, all before the rest of us get out of bed.

>> a blast at francis tavern in manhattan more than 40 years ago was the hand work of a radical group for puerto rico independence. president obama in one of his final acts pardoned the man

responsible. joining us now coauthor of the book shattered lives joe connor his father frank was one of the four people kilted in the france's tavern peak. question number one, why did president obama release the bomber his name was oscar lopez why did it he do it? >> because he agreed with him lopez was leader who bombed france's tavern they took responsibility for it. he's a chicago guy his brother jose is a community organizer in chicago. and he had sympathy in my view obama had sympathy for these tariffs. they were left wing tariffs. >> there was a connection between them president obama and -- >> when i was at a lopez parole hearing in 2011 he tacked about being a community organize from chicago. his brother love someday lopez is still a community organizer. there's lots of connections between the -- between the fln people like luis, obama, the lopez family the weather underground even the

bombs were designed on the weather underground model. >> why did plingt start their original round of releases that was back in 1999 where did he do that? >> when hillary clinton was running for senator from new york. she wanted to have a connection to new york she had been she was a carpet bagger he was trying to create a connection with the latino community and they created a model in new scare, new york there was a community where four -- swindlers were given clemency by clinton 99% of that town then voted for hillary for a senator. that was an fbi investigation and you know who -- exonerated clinton at the time james comey so there's been a lot of connections between -- the politics and -- releasing peemg. it's all in the book. shattered lives, the book talks a lot about puerto rico independent movement and fact that these tariffs had no connection to independents they were mark -- and went to people. >> joe connor shattered lifers

thanks for joining us. thanks for having me. there will be more varney after this. . .

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stuart: this is very troubling. mike pompeo is about to be rejected for job as second favor state. frankly that is an outrage. the senate foreign relations committee will vote later today. there are 11 republicans and 10 democrats on that committee. republican rand paul has said he will vote no. okay, he is an outlyer. he has played maverick before. however, the focus should be on the democrats. there is the outrage. all 10 of them will vote no, they say. this is unprecedented. mike pompeo is the president's point man with north korea. he already chalked up successes. the secret trip to pongyang to set up the summit. a commitment from kim jong-un to put denuclearization on the table and keep it there. a pause in missile testing, the

closure of one nuclear plant and democrats are going to reject this man for the top diplomat's job. they are going to reject him? can you imagine a worse message to send to north korea? so why would they do this? there are two reasons. first, mike pompeo opposes and still opposes the iran nuke deal. he says he wants it fixed. democrats can not handle that. iran deal was the centerpiece of president obama's foreign policy democrats will move heaven and earth to keep it even though widely known as deeply flawed. secondly, democrats are engaged in the policy of total resistance. they owe most everything that president trump tries to do. tax cuts, hate them. deregulation, terrible. trump is endangering world peace. there will be no end as

democrats are pushed further and further left by the trump haters, and yes, socialists. now the good news, pompeo's nomination will eventually go to the full senate. there he will get a couple of democrat votes, enough to make him secretary of state. but what a shame, that the foreign relations committee should demonstrate its shortsighted, hate-filled opposition. this is not a good time for any americans to be given ammunition to murderous nuclear-armed communist dictatorships. the second hour of "varney & company" is about to begin. ♪ stuart: important numbers for all realtors. new numbers on existing home sales. ashley. >> coming in an oomphized rate at 5.6 million. that is 1.1% gain from the previous month in february. actually down about 1.2%

year-over-year. the average sales price, the story in this sector has always been low inventory, rising prices that is still going on, stu. the median sales price up to 250,000. that is up 6% from a year ago. the inventory supply at 3.6 months. that is not much at all. a normal balanced market would have inventory supply of 6 months. same dynamics not as much homes and mortgage rates keeping up. stuart: median is? ashley: 250,000. that is interesting, isn't it. stuart: really interesting. getting up there. now, this is a big week for big technology. most of the companies reporting their earnings this week. we'll have more on that in a moment. you're looking at them premarket at the moment. merck, biggest gainer of the dow 30 got an upgrade from goldman sachs.

goldman sass that it is one of their favorites, that is the quote. it is up another near 2%. the price of oil this morning at $67 a barrel. we heard two missiles were fired toward and a ramco unit in saudi arabia. they were intercept is. no impact on the oil market. down a buck at 67. now the stock market. the big tech companies you see on your screens they will all report profits starting this week and starts today with alphabet this monday afternoon. we'll get the rest later this week. come on in, keith fitz-gerald, money map strategist. keith, as big tech profits go so goes the whole market. what say you? >> absolutely in agreement, stuart, that is the way it goes because that is the capital magnet everybody is looking for, a sign of certainty and more importantly a sign of real

money. stuart: what they're looking at is not just the number of dollars they make or the profit margin, they're looking what are the top guys saying about the future of profits and growth for their companies. so it's a look to the future that is more important? >> bingo. absolutely f they're looking to the future, changing the world we live in in a good way, that attracts capital. capital gets earnings and bee gets higher sales prices. stuart: are you looking for strong posts and a very positive outlook? >> not for all tech companies but yes i am looking for strong profits. boy i rented lips today. what i'm concerned there is accounting rule the way alphabet will report. i don't think that will deter traders come coming in. stuart: amazon, which direction will they go. >> retail customer basis

growing. prime is certainly knocking the leather off the ball. that is one of those companies you can't afford to be without, stuart. stuart: what about microsoft? yes, i do own a little thin sliver of the company. right now 95 bucks a share. what do you think? >> i think microsoft is another one that is firing on all cylinders. i actually think as you know, that that company will win the race to the first trillion dollar company. stuart: okay. glad to hear that. now, what about the 10-year treasury yield? that is the benchmark for interest rates. right now backing away from the 3% level? as a stock market investor should i worry about the 10-year treasury yield? >> as an individual investor no, barring one exception. if they take the rate up as a spike, then you have got a problem because the markets can't adjust. however the fed is telegraphing that is wants the slowest continuous hikes in recorded history. futures markets are pricing in four rate increases. there are measured pace.

what is important is the psychological effect. like taking milk away from the baby. the baby will get angry because the market is used to having cheap money around. stuart: yield on 10-year treasury in germany is .6%. in france it is point .84%. why get it. why is it 3% here and way under 1% over there? >> well that is manipulation at the highest order, stuart. you know really people think about yield as an income source but worldwide, traders assess that as a sign of risk. what they're saying is, that the united states is not exceptionally risky but the capital that flows here will have ups and downs. that is why rates have to be higher to attract all the global customers. stuart: 20 seconds. you're not worried about a big selloff anytime soon, correct? >> we got the big correction that i was looking for in january, february. we still haven't touched the lows. i'm not worried about it, but i would love it if it got one. i would get a chance to buy

companies i haven't got my hands on yet. stuart: we hear it. keith fitz, thanks for joining us. get back to my editorial at the top of the hour. the senate foreign relations committee is set to vote against endorsing mike pompeo as secretary of state. president trump just tweeted this about it. hard to believe obstructionist may vote against mike pompeo. the dems will not approve hundreds of good people, including the ambassador to germany. maximizing time for all. never happened before. need more republicans. sebastian gorka, fox news national security strategist. sebastian, i am outraged as you may have heard that the senate foreign relations committee could hand this gift to kim jong-un. let's hear from you. >> your editorial was spot on. not only are we in the middle of an historic negotiation, first time in 65 years could bring lasting peace to the korean peninsula to denuclearize it. we have syria issue has to be

dealt with, chemical weapons threat. on top of that -- this isn't about one individual. i mean it is the most important diplomat but this is about more than 70 key nominees for the trump administration, who have to have 10 times the length of cloture debate than was required for president obama's cabinet and of those, at least 25 are incredibly important positions, such as you mentioned, ric grenell our nominee to berlin, to germany. this would never happen, never happen, under democrat administration. so it is outrageous. the worst -- if this really doesn't go through on committee, i think this will be the first time since the 1900's a secretary of state has not been approved by the senate committee. it has to go to the floor. that is an outrage, stuart. stuart: i would have thought most americans would be in the president's camp on this, having seen progress made with north korea and confrontation of chemical weapons in sir is y i

would have thought most americans rally around the president say you're doing a great job sir. therefore i thought it would rebound against the democrats if they oppose it? won't they pay a political price for this? >> for the average american wants to make their car payments at the end of the month i don't think this is really on their radar screen. this is swamp tactics. this is inside the bubble. if people hear it, if they hear about the fact that this man who was first in his class at west., who has done amazing thing for the cia, is being blocked for political idealogical reason their blood pressure will to through the roof. for average american not on their radar screens, stu. stuart: do you think he will be eventually secretary of state? it will almost certainly go to the floor of the senate and i suspect he will be secretary of state, you have no doubts about that? >> no doubts f it has to go to the full senate floor he will pick up some democrats. this is man almost overwhelmingly approved as cia,

director of the cia. that tells you how political it is. yes you could have the incredibly sensitive position as director of cia, now later they changed their minds? some decent people will support him on the floor. he will become secretary of state. that is good for america. stuart: welcome back to the show. we'll see you again. >> thank you, stu. stuart: coming up, house intelligence committee chair devin nunez says there was no credible intel, as in intelligence used to begin the russia, russia, russia investigation. it was based on the clinton-funded dossier. congressman jim jordan with us later this hour. one democrat candidate for president wants universal income. $1000 from the government per month. does he have any idea how much that will cost, who will pay? he is on the set next. i will ask him a few questions.

another royal baby. it's a boy. we're still waiting on the name. i want to know why are americans so fascinated with the royals. we're on it. you're watching the second hour of "varney & company." ♪

stuart: check that big board. we turned south. that is, we're down only 13 points but 24,449 is where we are. big news on walmart. they're close to buying a chunk of the amazon of india. it is called flip cart. this deal is worth $12 billion. sears, thinking about being broken up. it's main investors says the company should sell off assets like kenmoore. that is good for 5% gain for

sears. $3 a share. our next guest is a 2020 democrat candidate for the presidency. his idea give citizens 18 to 64, all of them, $1000 each from the government. andrew yang with us. he is a presidential candidate. welcome to the program. >> thank you for having me. it's a pleasure. stuart: wait a minute, 18 to 64 everybody gets 1000 bucks a month from the treasury? i don't know how much, i can't do the math but that is trillions of dollars isn't it. >> the headline cost is about $2 trillion which sounds like a lot. stuart: a year. >> a year. the keep in mind the size of our economy is 19 trillion a year. it has grown by four trillion last 10 years alone. we can easily afford $1000 a month. stuart: where does the $2 trillion come from? >> we spend 5 or $600 billion on income support, direct payments to citizens around the country. i would implement a value-added tax at half the european level,

give us enough money for $1000 per citizen per month. stuart: the value-added tax in europe is roughly 20%. let's be clear. that is a sales tax. you would implement a 10% sales tax on everything so we could give every adult a 1000 bucks a month. that is basically it, right? >> keep in mind the value-added tax, he have dollar goes into the hands of an american consume which would grow the economy 2 1/2 trillion dollars per year. stuart: you think. >> that would create 4 million new jobs. give $1000 would spend it through the local economy and main street businesses every day. stuart: this is universal income kind of deal, right? >> that is exactly right. we need it because truck driving is the most common job in 29 states right now in the u.s. we all know trucks will start driving themselves five to 10 years. retail is the second biggest job category in the united states and 30% of all them will close.

stuart: you're basing a universal income, $1000 a month for every adult on the fact that truck drives will be driven out of business by technology? and retail is being driven out of business by amazon. okay. wait a second. let me ask but the morality of this. >> sure. stuart: when i came to america my understanding was that you worked for money. it wasn't just given to you. you have to get out there and work for it. you're doing the exact opposite. where is the morality of handouts. >> the great thing, you've been doing business journalism for decades i never seen shareholders get upset when a company declares a dividend. this is dividend for the american people. we're the richest, most advanced society in history of mankind. we can easily afford $1000 per citizen. stuart: you're taking it off somebody to give to somebody else. i don't get the morality, i really don't. it is immoral. it is wrong! >> even earlier this morning you talked about how various technology companies are taking

in the data from consumers. we're all producing immense value as citizens of this country. this is just a return of the value to us in some measure. we're the owners and stakeholders of the society. the exact way the owners and stakeholders of a company receive dividend every quarter. stuart: total socialism. >> socialism, you're smart enough to know this -- stuart: thank you. >> when a country nationalizes the means of production. this is pro-market, pro-consumer stuart: pro-market? you don't have to work you put your hand out. that is no market. >> no american will quit their job on $1000 a month. that will not be enough to survive marginally in any situation. what they will do, take the money, start new businesses. they will go back to school. they will frequent their main street economy and all going to be better off for it. stuart: paradise for it? >> we have to start thinking bigger what direction we want to move in as a society because the

truth is, i was out in silicon valley last month. we're going through the greatest technological and economic shift in human history. we need to make much bigger moves toward an economy sustainable long term for all americans. stuart: did you talk to zuckerberg, the facebook guy, he has been talking about the universal income, giving everything to everybody? >> people like zuckerberg and elon musk, they work on the future. they see where we're heading. that is what i want, i want our economy to accelerate our technology because we're lagging behind. stuart: andrew you're interesting guy. totally wrong. i just wonder how many people will vote for 10% sales tax across america. >> how many people will vote for $1000 in tear pockets in their family and everyone in their neighborhood. that is really the question? stuart: good one. andrew, you're all right. we thank you for joining us. >> thank you, stuart. stuart: college students railing against the president's decision to send troops to the border.

they forgotten that president obama did that too. we have the story for you later this hour. we will be back. ♪ think your large cap equity fund has exposure to energy infrastructure mlps? think again. it's time to shake up your lineup. the alerian mlp etf can diversify your equity portfolio and add potential income. bring amlp into the game. before investing, consider the fund's investment objectives, risks, charges, and expenses. read the prospectus carefully at alpsfunds.com/amlp

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this wi-fi is fast. i know! i know! i know! i know! when did brian move back in? brian's back? he doesn't get my room. he's only going to be here for like a week. like a month, tops. oh boy. wi-fi fast enough for the whole family is simple, easy, awesome. in many cultures, young men would stay with their families until their 40's. stuart: a fleet of ships carrying more than 1.2 million metric tons of sorghum, american sorghum headed to china, made a u-turn, came around, came back, after beijing slap ad tariff on our sorghum going there. jeff flock, is with us. that was met to hurt our president politically, wasn't

it? reporter: they know how to do it, i'll tell you. 178% tariff, that is what it was. you don't have to do much math to figure that out. pretty much those were unprofitable loads. that is why they turned around, headed back, certainly can't afford to pay that kind of a tariff. it hurts the u.s., hit the u.s. where it hurts. here is what sorghum farmers said. this is the quote from them. this is the folks that grow in kansas alone this year, 200 million bushels sent to china. china's decision to impose tariffs reflect as broader trade fight which u.s. sorghum farmers are the victim, not the cause. u.s. sorghum farmers should not be paying the price for this larger fight. the chinese now how to hit the president where it hurts. that is in the red states. look at map who voted for whom in the last election, all of those red states, those are sorghum states, the top 10 sorghum states, seven out of 10 of them, red states.

sorghum, we don't think much about it. what is it? mainly a livestock feed. a lot of farmers grow it. right now there is, the market has just completely been lost because china was buying 60% of u.s. sorghum. and you know, i understand the trade fight but, you know, there is a trade, major trade surplus when it comes to agriculture. that is going to dribble away if we're not careful here. these things are complicated. as the president tweeted, trade fights, you know, trade wars are easy to win. well, i don't know. we'll see. stuart: well, also hurts chinese farmers who use it for animal feed. reporter: sure does. stuart: they are not exactly walking away. reporter: who will say uncle. stuart: jeff, i'm totally out of time. hillary clinton speaking, she is slamming the press for the way they -- favored her candidacy, i'm not sure -- i will get to

that. i will get to it i promise you in a second. another royal baby born. i've been talking about this with my staff all morning. why are americans so fascinated with the royal family. ashley: that's that's a good qu. stuart: i don't know but we'll cover it. they appear out of nowhere.

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♪ stuart: i need some help, ladies and gentlemen. oh, i really need some help. let's move on. check the big board. we're exactly hour into the session, no change virtually, dead flat. four points higher where we are. how about the big tech stocks. you have to look at them, very important for this market. right now, i'm showing you some big oil stocks. three of them down, two of them are up. okay. there is big tech.

facebook down but amazon and apple and microsoft are up. google is down, not much. 41 cents that's it. peer one, retailer -- pier , eight-year low. nothing revolutionary in their turn around plan. alphabet reports profits after the bell this afternoon. come in is jason rotman, lido isle advisors president. i think the big techs report profits this week, they're absolutely key to the future of the market, what do you say? >> absolutely. "fang" stocks have been the darling of the market the last several years. people who bought and hold, facebook, amazon, netflix outperformed significantly. with that said, as i have said this year, stuart, i still truly believe that for the market to

make all-time highs the u.s. fed would have to turn very dovish and they are indicating that they are doing the exact opposite. so i think we'll be stuck in a trading range. i don't think we'll have another big correction but for people hoping for a huge five, 10% rally, i don't think that's going to happen at this point. stuart: okay. so you're concerned about interest rates. we have the yield on the 10-year treasury this morning, it is about 2.96, 2.97%, nudging close to the 3% level. you say that is a big negative for the overall market, 2.98% now? >> that is a big deal. if we break the multly year highs of yield. that will be a big fundamental shift in so many major environments that affect stock prices. mortgage rates, student loan borrowing, car borrowing. corporate debt issuance interest

rates. we're not quite there yet. but we're getting there. stuart: we can't handle 3% yield or even a 4% yield? historically that is still relatively low. we can't handle that with a growing economy at three, 3 1/2% growth? >> well i used the word relatively. the period of history that you're measure something is also relative. we're talking about 60 years. yes, you're right. if we're talking about 10 years that is incorrect. it is very high from a 10-year relative standpoint. we would need to see those tax cuts really, really counteract these higher rates which is possible. stuart: do you think any of the big technology companies could have totally blowout quarter and report just sensational profits with a great outlook for the future? could they? >> absolutely. i mean amazon, is the first one that comes to mind. they are not showing any signs of slowing down. they will continue to outperform. facebook, maybe.

apple, probably not. but amazon, i think is an incredible company. i don't see them slowing down at all, no matter what. stuart: yes. what a company. you're right. they're the most exciting company in the world. i think we've all been astonished at the stock price rise and range of their business success. you're quite right there. >> that's right. stuart: jason, thank you very much for joining us, sir. see you again soon. >> thank you. stuart: now this. hillary clinton took a swing at the media for the way it covered her campaign saying media coverage is now more straightforward and fact-based. now it is but it wasn't during the campaign. joining us now, howard kurtz, author of the book, the book, "media madness." he is host of "mediabuzz" as well. howard is with us. is she blaming the media for her loss now? >> stuart, there is a very long list of people and forces that hillary clinton has blamed for the fact that she didn't win in 2016 and the media occupy a pretty high spot there.

she particularly has it in for "the new york times." i talked to people around her. that paper broke the private email server scandal. what she never seems to quite grasp, donald trump completely outplayed her in the media because he did hundreds of interviews and she did very few. stuart: i disagree, howard. sorry, but i thought "the new york times" was firmly on hillary clinton's side. "the new york times" endorsed her. so did "the washington post." they all endorsed her. the very little negative that came out about hillary clinton during the campaign, i don't see how she can say that they are to blame. i don't see that. >> i'm not endorsing that view but i can tell you that is exactly how she feels. a new book which says she covered campaign. she wished hillary would have won. she was rooting for her. she had a horrible relationship with the candidate who wasn't nice with her. a long-time hillary clinton confidante on "mediabuzz"

yesterday, he said he often taunted amy chosek and "new york times" reporters. there was tense relationship. ultimately comes down to the candidate. the candidate who knows not just to have a message that would appeal to people in places like wisconsin and pennsylvania but also who know how to deal with the press. hillary clinton was so paranoid about the press, which as you say was not exactly hostile to her, she avoided -- stuart: they hated donald trump and they still hate donald trump. they're utterly contemptuous of donald trump. that is a fact. i will move on, i have a far more important subject for you, howard kurtz. as you know the duchess of cambridge gave birth to a baby boy. happened this morning. don't know the name yet. the weight was eight pounds. what is with america's obsession with british royals and their offspring? >> i think should be a new rule. media only gets to go haywire when first baby of a royal

couple. this is number three for william and kate. there is always this fascination, because we don't have any royalty in our politics, our president and vice president and even first ladies are often caught in the political crossfire. always fascination with royals. that ramped up with die -- diana and soap opera surrounding her aspirin ses. media love celebrity. they love babies and they what the name will be. i don't fully understand it. you're probably more fascinated than the average american. >> no, i'm not. what about you, howard? come on. when did you first hear this news? i know it broke this morning. when did you hear it? >> i heard it from your producers. i knew the baby was coming. i just didn't know it actually arrived. stuart: you just destroyed the premise of my story. i thought you were fascinated. but you're not.

>> i'm somewhat interested but apparently a lot of americans are interested. baby will be on the cover of "people." stuart: guaranteed. that was a tepid report, tepid. howard kurtz, thanks for joining us. see you soon. >> thanks. stuart: now this. a report in bloomberg suggests that amazon has a top secret plan to build home robots. what is that about? ashley: coast name vester. apparently working on this for several years now. home robots has been the holy grail for the big tech inventors. we had the roomba, the little vacuum runs around by itself. they sold 20 million. a robot dog, all it did was bark and learn to play soccer apparently. ultimate goal to get a robot in the house to do what? we don't know what amazon has in mind. think believe it will move around the house and have same technology as driverless cars. enhanced camera and software and

greater sensitivity. all the rest of it. bottom line, what do you get out of it? companionship, me and my robot at home. it can do basic chores. what we don't know, think of it is mobile alexa, following you around the house and ordering things. by the way they will test this with employees in their homes by the end of this year. could be available, could be available next year if you want a home jeeves robot. stuart: i would be most difficult customer in their lives. ashley: it would explode. liz: clean out the laundry closet. stuart: fold your wash. liz: would love that. stuart: put it away too. the dow is down 50. moving pretty much in line with interest rates. when rates go up, the dow goes down. coming up, migrant caravan, 50 people strong reached the southern border. they plan on seeking asylum here. larry elder will give his take. he is in new york and will be

with us very soon. devin nunez says there was no intel, such as intelligence to justify the russia investigation. it was based on the clinton funded dossier. congressman jim jordan is here. he is next. ♪ anna and mark are heading into retirement... and a little nervous. but not so much about what market volatility may do to their retirement savings. that's because they have a shield annuity from brighthouse financial, which allows them to take advantage of growth opportunities in up markets, while maintaining a level of protection in down markets. so they can focus on new things like exotic snacks. talk with your advisor about shield annuities from brighthouse financial- established by metlife.

♪ ashley: in the last hour economist peter morici told us that the markets continue to get a big boost from those big tech companies but he wishes the president would hold back on those tweets. roll tape. >> i think they can contribute to it significantly but the broader market should be doing better. it shouldn't be so reliant on techs. i think the answer there is can president trump display a steadier hand on the rudder? all this tweeting, whatever i say it could all be derailed at 9:00 tonight by president trump saying something very irritable on a twitter account. the economy is solid. now is the time for, you know, steady as you go rhetoric. ♪

stuart: look at stock price of michael kors up nicely, up 4 1/2%. why? deutsche bank says get out there and buy that thing. apparently people are. it is up 4 1/2%. google's parent, that would be alphabet, they report their profits after the bell. there is a very important profit report. the stock is down a fraction in advance of that report. our next guest wants to know why did president trump's lawyer get raided while hillary clinton's were granted

attorney/client privilege protection? he is actually in studio. congressman jim jordan. he is from ohio but he has graced the big apple today. >> good to be with you, brother. stuart: why is it? he has raided attorney/client privilege busted out. >> gets his door kicked in. they call up cheryl mills, cheryl, what time can we stop over? you got to sort all the emails on the front end. you decided which one weres personal and which ones belonged to the government taxpayers. completely different approach. that is what drives americans crazy. the idea there is two standards, one for us regular folk. if you're clinton, comey, lynch, learner, you get a different standard. stuart: cheryl mills was hillary clinton's attorney. wasn't she like a personal assistant? >> chief of staff. so, during the benghazi hearings i remember this, we had a long ordeal with secretary clinton, i asked her in one of the rounds of questions, secretary, would you agree on the front end to allow a neutral third party,

like retired federal judge to examine 60,000 emails would you have, would you agree let them decide which ones are personal, we don't need to see those, if they're truly about your wedding, if something to do with the government, particularly benghazi investigation, she wouldn't agree to it. compare that to what happened to president trump. they kick in his lawyer's door, grab everything, both his home and office. grab it all. and i mean the president trump, he would love to have a neutral third party, he would have loved that deal. clinton wouldn't take that deal. it was david kendall, heather samuelson, cheryl mills, got to look on the front end to decide which ones we get and which we don't. stuart: what can you say about it if we let this happen? >> you can't in this great country. supposed to be equal treatment under the law. one standard for everybody, from the highest to the lowest. that is the way it is supposed to work. right now it is not functioning that way. good news is, mike flynn makes a false statement to the fbi. he got prosecuted of the now it

looks like same thing will happen to andrew mccabe, didn't make one, but four times gave false statements. three times under oath. now there is a criminal referral. hopefully will be back to a standard we're supposed to have. stuart: for ben it if our viewers, for those that have not, i want to play a sound bite from devin nunez where he is talking about the russia, russia, russia, probe. roll that tape please. >> we long wanted to know what intelligence that you had that actually led to this investigation? so what we found now after the investigators have reviewed it, in fact there was no intelligence. stuart: so what sparked russia, russia, russia, if it wasn't an intelligence report? >> supposedly this dossier. the pop papadopoulos thing that they took to court. here is what is most interesting and wrong, when they took it to the court to get the warrant to

spy on carter page they didn't tell the court two important things. they didn't tell them who paid for it not in any clear fashion tell them who paid for it. just as importantly they didn't tell them the author of the document, christopher steele had relationship with the fbi terminated. he broke a fundamental rule. he told the press he was working with fbi. they terminated his relationship but still used his work product, something salacious and unproven, they used the work product for basis for securing the warrant. you and i go to court, it is the truth, whole truth, not the partial truth. the truth, the whole truth, but didn't look like the fbi did when they went to the fisa court. stuart: ultimately will you write a book? i honestly can't follow it. i don't know who met with who and said what. who texted this, i can't follow it. >> we're not planning on writing a book but i will tell you this, jim comey was fired, andrew mccabe was fired, faces criminal referral, jim baker

chief of staff at fbi demoted, reassigned. peter strzok, deputy head of intelligence demoted at fbi, lisa page demoted. if there wasn't a problem, people went to the fisa court seeking that warrant, if that is not a problem, that is the reason we need the information to get answers for the american people when they see top people at the fbi had that happen to him, that is a big concern. stuart: double standard drives me nuts. >> drives everyone nuts. stuart: welcome to new york. hope you enjoy the big apple. >> we do. stuart: great city. coming up, college students railing against the president's decision to send troops to the border, they forgot president obama did exactly that. ♪ well, it's earnings season

once again. >>yeah. lot of tech companies are reporting today. and, how's it looking? >>i don't know. there's so many opinions out there, it's hard to make sense of it all. well, victor, do you have something for him? >>check this out. td ameritrade aggregates thousands of earnings estimates into a single data point. that way you can keep your eyes on the big picture. >>huh. feel better? >>much better. yeah, me too. wow, you really did a number on this thing. >>sorry about that. that's alright. i got a box of 'em. thousands of opinions. one estimate. the earnings tool from td ameritrade.

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>> do you know president obama did same thing when he was president? like -- >> honestly i'm not super up-to-date with all this. i didn't know that so. stuart: oh. those are students commenting on troops being sent to the border as you saw. what they didn't realize president obama did that himself. cabot phillips was guy on video. campus reform.org media director. so. those tapes are he had -- edited. how many kids did you interview. >> it went on and on in afternoon. we found one student, i think it pretty good idea. president obama did same thing. president bush did the same thing. one student did know and we included him. students have to feel they have to oppose anything with president trump associated with it. they don't look at policy, not just the name. they're not open-minded. they know answers expected of them. i think many students don't have

a hard opinion one way or another. they know what they have to say or expected of them. they know repercussions. stuart: world comes down on you if you stand up and speak your mind and you're in favor of what president trump's doing, the world comes down on you. you will be murdered on social media. >> not just social media, in class. we see professors going after conservative students. fresno state calling out barbara bush, saying she was murderous racist. class students losing points on their grade. i was at university of charleston this last week, students came up to me, how do i know if it is okay to stand up in class or not because i see my friends losing points. they're getting harassed in class by professors, is it worth to stand up. that is saddest thing on college campus when students are afraid of making opinions know. that is the most sad thing you hear. that is bad for future of our country, when next generation is

not capable to debate freely. stuart: i think it is part, the fault of my generation. i'm a baby boomer. we were radicals in the 1960s. some people were. those people moved into the universities, running universities. >> take note, everyone, stuart varney is taking the blame. stuart: you do have a point. >> a lot of people love to bash millenials. you have a point. blame lies with both sides. they just don't become that way. people are conditioned and thought. when you coddle people, tell them your feelings are more important than logic and reason they don't ever learn to be adults. also this is the result of identity politics. when you teach an entire generation your opinions have to fall in line with whatever consensus skin color, gender, sexual orientation. people are not individuals. fall in line what you're taught and what to believe, not how to think critically. it is scary. the blame falls on both generations, drives me nuts.

cabot phillips. i pay the tuition for a great many college students. >> i believe that. >> cabot. good stuff. i did leave socialist britain 40 years ago. now it looks like socialism making an appearance here. i hate it. back in a second. and the decisions you make have far reaching implications. 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 . . are ready for today. nah. not gonna happen.

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stuart: there is nothing so disheartening as jumping from the frying pan into the fire and i get the nasty feeling it's happening to me. i left socialist britain in 1970's, 40 years later socialism is now gaining traction here. i find it hard to believe but it is happening especially with millennials, i guess they haven't had that much contact with socialist reality. harvard study of 18 to 29-year-olds, found 33% support socialism, a majority, 51% did not support capitalism. what's that all about?

elitist guilty? hard-left group that's growing fast within the democratic party. 40 chapters in november 2016, now it has 181. and don't forget the socialist left that's so visible, bernie sanders, elizabeth warren, keith ellison, established democrats working within the party. it was president obama that started the left turn. bernie sanders was out and simply gave new life to social ición and president trump just made them apaplectic, i'm not moving again and i'm saying to fight. socialism is morally reprehensible, it is something for nothing, it is divisive and if you want prosperity for all, socialism just wasn't work.

the president of france is visiting, just ask him, the third hour of varney & company is about to begin. ♪ ♪ stuart look what made it in the studio to sit next to me, larry elder. >> thank you for having me. >> kind of hard to feel where you stand on the issue of socialist. candidate bernie sanders almost took the nomination, you take away super delegates and this guy could very well be nominee, self-described socialist.

52% of democrats have a positive view of socialism. young people like socialism and hollywood is pushing the same agenda. stuart: do you think they could win, do you think that bernie sanders could win the presidency or elizabeth warren or someone out on the left, they don't have to be called a socialist? >> i don't think so, they could certainly win the nomination and came this close to win the nomination. stuart: where is this coming from? we are returning of prosperity. >> lack of understanding of the historical bankruptcy of socialism. look at east germany and west germany. look at cuba and south miami, look at north korea and south korea, no question which one is more prosperous. free markets rule of law, property ownership, these are the things they work and allowing people to keep money

that they earned is motivation. socialism interfere with the narrative. stuart: jealousy too. you got it, i don't, give it to me now because i want it. >> i was watching the old buckley show and there was an economist, first day comes in and says to the class, which one is better japan growing at 4% or america growing at 3% or both countries growing at 2%, the majority said 2%, better to be equal than other country than to be better. it's the envy that you're talking about. stuart: i think you're absolutely right. you're from california. >> i'm from california. don't hold that against me. stuart: you're in new york. >> not a single republican state hold office. democrats have super majorities, not majorities in assembly and senate. stuart: what are you going to do -- >> politicians brag about having illegal aliens as relatives in the country.

stuart: arrived tat border and claim asylum and they are in, what do you make of this? >> it's for persecution, these are economic refugees, once they get in here and assign you to monitor and show up to court, they don't show up. you get in the country and you are pretty much home free. stuart: the president has been tweeting about it. it just came in, despite the democratic inspired laws and the border being so bad and one-oned i have decided not to let the caravans into the country, it's a disgrace, wall exclamation. >> he got hammered. the sanctuary state movement in california may blow up on him. a bunch of cities especially in

orange county are filing lawsuits. stuart: what are you doing in new york, you should be fighting the good fight. >> i'm doing your show and then outnumbered and hannity later on, that's why i'm here. stuart: good man. >> thank you. stuart: check the big board, down just 5 points, 3 points, dead flat, win ergs and losest pretty evenly balanced. next guest is market watcher that says president trump will rip up the iran deal and the risk of trade war with china is real. jack is with us, with present world advisers, jack, you are more worried about geopolitics than you are about rising interest rates, correct? >> yes. i think that the rising interest rates are really just trying to get interest rates back to fair value but some of these geopolitical risks are risks that come over, a lot of

investors aren't factoring in right now. stuart: we've had frequent tweets from the president which are, you know, stirring things up to say the least. none of that stopped the enormous rally from 18,000 on election day to 26,000 in january, why should geopolitics suddenly become a major concern? >> yeah, i think investors have done a pretty good job shrugging a lot of the tweets, if you recall this year threat of trade war with china, tit far tat back and forth that upset the -- the stock market, certainly the second time and pushed s&p to 200-day moving average. i do think investors are word about it but the more they hear tweets and background the more likely they're going to ignore things and i think at least from the trade perspective i think

it's not something that they should probably ignore. stuart: if these big tech companies this week report really good solid profits, is that a fine that the overall market might actually go up some more and we could be okay with buying more stock now? >> great question, if you strip away the noise and look tat s&p 500 and look at earnings and revenues we are on a great track, this is the first quarter in my memory where analyst estimates were rising going into the first quarter earning season and what i find remarkable nearly 70% of companies have reported have beaten on the top line, that's not a tax thing, that's a growth thing and that's good news for stocks and i think relative to at least the next four quarters s&p is somewhat underweighted because of some of these concerns, like i said, if we could strip away the noise

and assume it's not going to happen, the stock market would be 10% higher than it is today. stuart: whoa, maybe we will get good news on the political front and go up 10%, you never know, jack. >> keep my fingers crossed. [laughter] stuart: jack, thanks for joining us, we will see you soon. more cancellations for southwest airlines, they've dropped at least 100 scheduled flights so far today. they are inspecting their planes engines after last week's accident over pennsylvania that killed a passenger. share price of southwest is actually virtually unchanged. still right there at 54, 55. price of oil, bear in mind two missiles were fired in saudi arabia today, they were intercepted, no impact on the price of oil, still at $67 a gallon, barrel i should say. price of gas is 2.76 per gallon, that's the national average for regular and that's up a fraction since yesterday, gas has

actually gone up 13 days in a row. how about that? now this one governors of texas and new jersey georgia at it. texas governor tried to lure residents with promise of lower taxes, that didn't go well with governor murphy, chuck, former state assembly member who moved from california to texas because of high taxes, he will weigh in on this one, here is the news for the day, senate foreign relations committee expect today reject mike pompeo as secretary of state, we will talk to hailey, former spokesperson for president trump campaign. the third hour of varney & company just getting started

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stuart: you want job driving a bike for the summer, harley davidson choose interns and document everything for social media. this is a 12-week paid internship open to juniors and seniors who are opening a career in social media, communications, pr marketing the stock price responding with 57-cent gain, 1 and a quarter percent. not a bad summer job, i'd say. governors of texas and new jersey, they are in a spat, texas governor abbott try today lure jersey residents with promise of lower taxes and governor murphy responded call it a cheap shot, tax increases for the garden state.

chuck is with us, with the texas public policy foundation, chuck, you're the guy who moved from california to texas because of taxes in california, i want you to comment on governor murphy of new jersey who's telling governor abbott of texas, back off. what do you say? >> well, i think the governor of new jersey is playing with fire right now because while new jersey is certainly a lower-taxed state like it is new york but it is a lot higher tax state than in the rest of the country, after president trump's big tax cut and tax reform with the limitation on state and local tax deductions, you're going to see the average new jersey resident, improvement in aftertax income, in california, in texas, pardon, 2.6%, 63% of the benefit f he puts through that multibillion dollar tax

increase in new jersey, you're going the see that advantage in favor of texas just get bigger. stuart: i think it's worst than you're making out. if you -- if you eastern -- earn decent income, you can no longer deduct state tax with federal tax so your overall bill goes way up if you're in top 5%, 1%, this would be an exodus, chuck. >> i was speaking to the average. to that point, stuart, if you look at the u.s. census bureau data for state to state domestic migration you'll see a little more than 80,000 people move to texas than move out of texas and that's the same with new jersey only the opposite. in other words, 80,000 more americans are leaving new jersey every year than are moving into new jersey and i think a large part of that is the state's very

high state and local taxes and the burden regulatory climate in new jersey. stuart: i don't think people will realize what's happening until this time next year, april 15th, whatever the tax deadline is, that's when the realization comes especially for high-income earners in the state of california, new jersey, new york and illinois. that's why you left california, isn't it? >> that's absolutely correct. i think you're seeing acceleration of that, i looked at the first three months of john data for nonfarm seasonably adjusted employment and excluding government employment and i was looking for pattern, stuart, what i have seen in the first quarter of this year is that in the five states that tax the most and that have the biggest populations, they are growing their employment base at half the rate of the ten states that have the low taxes like texas. and, stuart, if that continues on for a while, you may see a

shift in population equivalent to six more congressional seats that are going to shift away from the high-taxed states like new york and new jersey and california and move to the low-taxed states like texas and florida. stuart: well, i have to say to that, chuck, good, the sooner the better. chuck, thank you very much for joining us, sir, we appreciate it. the governor of new jersey and governor of texas, texas, back off. are you kidding me? ashley: think about it. stuart: alphabet, amazon, facebook and microsoft, alphabet kicks it off right after the bell profit report today. amazon buying amazon of india called flip card, 12 billion-dollar deal, the stock up a fraction. there are technologies that could reduce or stop the number

of calls you receive, i want to know about that and we will tell you. but, first, residents of disney's animal kingdom celebrating the 20th anniversary, disney showing animals in the shape of a 20, there you have it. the announcement also from disney, new solar facilities will power two theme parks, that would include the half million solar panels, it's of an overall goal of disney to cut emissions by up to 50% by the year 2020. will they cut entry fees? liz: probably not. ashley: unlikely. [laughter]

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stuart: i hope the video shows the story. polish architects design a foldable sky scraper, unfolds to accordion, the building can be packed into the box and carried in a chopper, could provide home to the homeless. how about that?

apple unveiling, can remove components, daisy can recover materials that traditional recyclers cannot do. new member of the royal family, kate middleton gave birth to a boy. the new baby is fifth in line for the throne, many are betting on traditional royal names like arthur, thomas, phillips, those are the favorites. the senate foreign relations committee expect today reject mike pompeo as secretary of state, that is the outrage story of the day and we are on it. and then we have the ninth circuit court of appeals, always a favorite, appointed a special prosecutor that challenges president trump pardon power which i believe is in the constitution, judge napolitano next on that.

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we are up 37 points. look at that 24,500 almost, just below it. majority of the stocks on the dow 30 are in the green. all good. now this, senator joe manchin said he will vote to confirm mike pompeo as secretary of state, the second democrat to say yes, heidi heikamp is the other, they are not in senate relations committee which will not support pompeo. they will say no to mike pompeo as secretary of state. joining us now is heidi baumgardner, i can't imagine a bigger gift to kim jong un or am i going too far? >> it is outrageous. the american people should be outraged. we are at a point where we are politicizing national security. it's pure politics. i don't know what other assessment you can make of it. stuart: part of the resist everything, beat back trump on

every single area, is that what they are doing? >> i think that's what their play is, i don't know what their motive would be otherwise. mike was on the top of his class at west point, house intelligence committee, they passed him to run the cia, this is a very important position, we need to make sure that he gets through. stuart: senator blumnthal, connecticut, he's in the senate, he's going say no because pompeo doesn't favor diplomacy, he's too hawkish, what does the senator make of trip? >> let's look at the reality of the situation, we have a nexus of what is needed, there was a void that's needed. a combination of diplomacy coupled with the intelligence community based on everything that's happening in the world and mike pompeo is the perfect person to fit the world. i don't understand anyone who could challenge credentials. stuart: what about rand paul, he is a republican, he's on the

senate foreign relations committee, he has said that he will vote no, i don't get that. >> no do i, we will remember in election day, this is something very difficult to explain to voters. stuart: do you really? >> yes, i do. stuart: do you think that there are enough voters who say we don't like trump, we don't like his style, we support voting against everything he stands for? look, i don't know, you're a better judge of the public than i am? >> as you know i've been in the campaign when we had less than 1% chance of winning. the fact of the matter is, the trump movement is still strong and our base is growing. stuart: what's your proof that the base is growing? >> let's look at the numbers, look at the successes to have president, the markets have been up 30% since he has been elected, his oric tax reform, he's oric deregulation and more money in the pocket. stuart: yet we have the study in the wall street journal that says that the tax cuts are

unpopular, 27% like the tax cuts, 36% do not. that's the signature achievement to have trump campaign. >> people vote their pocketbook. stuart: yeah. [laughter] >> so i would challenge that -- that statistic. stuart: we went way back, i remember talking to you right after donald trump had announced candidacy. >> correct. stuart: that's when you're talking about when we had virtually no support. >> we had none. stuart: career-ender for you to support the president. >> i certainly was. stuart: how are you doing now? >> i'm enjoying every minute. stuart: you're on the show. [laughter] stuart: we will wait for the vote this afternoon but i'm just appalled they would actually do that, just appalled. i think you too. >> yes. stuart: thanks for being was. >> thanks for having me. always a pleasure. stuart: all right, now this, this is priceless. the ninth circuit court of appeals has appointed a special prosecutor to challenge

president trump's pardon power, this is all over the president's pardoning of sheriff joe arpaio, judge andrew napolitano is here. before you launch -- >> what else is new. [laughter] stuart: isn't it in the constitution that the president can pardon whom whoever he pleases for whatever he pleases? >> for a federal crime, yes. no one is questioning his ability to pardon, the question is does the pardon fully eradicate the conviction so that joe arpaio can say i have never been convicted of a crime and quite frankly there's split on it, some courts say the pardon just sets you free and doesn't let you be punished in any way, if you lost license to practice law, you get it back. some theory says, the pardon

wipes out everything, you can answer under oath i was never convicted of a crime. that's what the court is trying to resolve. in this particular case admittedly, the people challenging the president hate the president and joe arpaio, they came into the criminal case and invalidate the pardon, she said i can't invalidate the pardon, the pardon has the power, joe arpaio said invalidate my conviction, she said i won't invalidate the conviction, the pardon only set you free from punishment and not conviction, quite frankly i think she's wrong, a full eradication of the effects of the prosecution, that's what's going to be heard before the ninth circuit. the reason they appoint somebody is because the government, the justice department, is on arpaio's side on this so there wouldn't be any lawyer to represent the other side. almost academic argument. i don't think the courts should even have this case.

stuart: what strikes me isn't this the ninth circuit court? >> there should be no surprise. stuart: you know what they are going to say? >> believe it or not there was a decent to appoint special prosecutor, we shouldn't have the case. stuart: answer the question. what the devil is the ninth circuit court of appeals appointed a special counsel? >> the court should not just hear one side and if there's nobody there for the other side, they appoint somebody. stuart: you lawyers. >> who is going to pay the person's fees, the taxpayers. stuart: i have six children. >> i know that. they were all here, most of them were here the other day. stuart: grandchildren. i refuse to pay, i pay for college but will not pay for law school, i don't want lawyering infecting my family. >> suppose one of your grandchildren ashley: unless you

need one. >> wants to become a brilliant lawyer to defend civil liberties or to defend the rich? stuart: what? were would you then consider paying law school tuition? >> stuart: that would be up to their parents. >> are you prohibiting your heirs from using assets to fund a law school education? stuart: no i'm not but i'm insisting in my will that none of my children if they wish to inherit a dime has a tattoo. think about that. >> i agree with you on that. >> yes, i do. >> i agree. stuart: would you appoint a special counsel whether i'm allowed to say no -- >> examine them if they have the tattoo. you will have to appoint a doctor. stuart: i've got one. [laughter] >> plenty going around. >> special counsel.

stuart: we have exhausted the topic. you're all right, judge. maybe we will have you back tomorrow. [laughter] stuart: new report from the survey says the san francisco area could be hit with major earthquake soon, the hay ward fault line is a ticking time bomb and could generate a powerful quake capable of killing hundreds of people and causing maybe a hundred billion dollars worth of damages, have i have time for smaller side, i once owned a house just near san francisco, we looked out over a lake, the lake was called crystal lake, wrong, it was the san andreas lake and they didn't tell us. [laughter] stuart: individual stock making news and moving. the profit sales falling short, the shares are up now, they had been down. i can't figure that one out. lukewarm results from halliburton, it is now down. higher profits from paper

product makers, kimberly clark, it's a boy, prince over there in england. the stock is down 1 and a half percent. more people flying alaska air and that stock is up nicely nearly 5% up. sears, hinge fund to break kmart basically. investors like that, up 2%. we get random phone calls. one just came in. it's a real problem, the ftc and fcc are teaming up to stop it, we are going to tell you how they will reduce or stop those illegal calls, we will tell you how you do it. and emmanuel macron in dc for a visit with mr. trump, he had a lot of nice things to say about the president, but what does he want from us, we are on it with fred barns, first up, a woman is being fined for free apple she received in a delta flight, you want to hear this story, you'll

get all of it in 90 seconds.

nicole: i'm nicole petallides with your fox business brief, case of miscommunication costing a woman $500, she was fined by

the u.s. customs and border protection, took a flight from paris to the united states, on that delta flight she was given a free apple in plastic bag with a delta logo, she saved the apple for later, for the second leg of her trip, u.s. customs and border protection found it and fined her because she is not allowed to bring fruits into the united states. she offered to eat it or throw it out but delta says it was meant to be an in-flight snack and customers have to adhere to border protection policies and requirements, so, of course, the story is an ongoing one but it really was the case of miscommunication across the board here. the stock right now down .1% when you're clocking out. sensing your every move and automatically adjusting to help you stay effortlessly comfortable.

i can also help with this. does your bed do that? oh... i don't actually talk. though i'm smart enough to. i'm the new sleep number 360 smart bed. let's meet at a sleep number store. we're all under one roof now. congratulations. thank you. how many kids? my two. his three. along with two dogs and jake, our new parrot. that is quite the family. quite a lot of colleges to pay for though. a lot of colleges. you get any financial advice?

yeah, but i'm pretty sure it's the same plan they sold me before. well your situation's totally changed now. right, right. how 'bout a plan that works for 5 kids, 2 dogs and jake over here? that would be great. that would be great. that okay with you, jake? get a portfolio that works for you now and as your needs change from td ameritrade investment management. stuart: several u.s. ships bound from china came back after beijing announced tariffs on our exports going over there. jeff flock is with us, he's in illinois right in the middle of things, give me the numbers, how much money are we talking about? jeff: we are talking quite a bit of money. we don't talk about sorgum but it's a huge crop, take a look at the numbers, of the exports that we export, 80% of that goes to china. huge market. it was about a billion dollar, short of a billion dollars last year, peaked two years to that, $2 billion, so we are talking some major impact and i think

the administration maybe starting to get concerned about this and at least the impact of this deal with china on farmers, secretary mnuchin, here is what he said over the weekend, quote, a trip to china is under consideration, i'm not going to make comment on timing, i don't have anything confirmed but at the same time he's aware of the map that i showed you earlier, stuart, the farm belt was a big trump supporter when he got elected and right now they're really taking it on the chin. there maybe a more noble notion at the end of the rainbow here but right now they are taking it pretty hard sorghum prices are bo to believed. most of them was going overseas, if it isn't going overseas, i don't know what we will do with it. stuart: could hurt chinese farmers as well unless they get

sorghum from somewhere else. they bought increasing amounts of sorghum, they were stockpiling so they were ready for this to happen. stuart: very smart. now they have leverage on our farm bells, that's very good. jeff, thanks for joining us, we will see you again soon. the president of france emmanuel macron will meet with president trump later today, listen to what mo cron said about president trump over the weekend. roll tape. >> i'm here to do with the president of the united states and people of the united states elected -- chris: you wonder whether he will serve his full term? >> i never wonder that. [laughter] stuart: fred barns is with us, what does mr. macron want from us? >> a number of things he wants to be the number ally and he's

getting there, and he and trump agreed on some things, fighting terrorism and doing things in the middle east and, of course, there's not a nato problem here. he -- trump doesn't have to lean on macron to spend more money for nato. francis in nato, it makes things a lot of easier. stuart: isn't he really here to say, please, mr. president, don't abandon the iran nuke deal because the europeans want to keep it and that's why he's here? >> i was get to go that and that is the test, that's a huge test, it's not the stuff about, well, will trump get back to paris accord, he won't get in there. he's teasing the europeans about that. i got out but i really want to get back in, no he he doesn't. stuart: mike pompeo, he's cia director probably going to be secretary of state when he gets to the full senate, et cetera, et cetera, he wants to unravel

or i think he says he wants to fix the iran nuke deal. this is a very big deal here because aren't the germans coming next week or the week after? >> no, later this week. i think german chancellor gets here friday and -- and, look, the europeans are -- they don't want anything like that to happen, a fix, the iranians say no, you take the deal we have now or nothing, we are pulling out. and so they don't want to give any tinkering and there's john bolton, john bolton on the show many times, you know where he feels about getting out of the iranian -- the iranian deal. you don't bring in -- stuart: why are the europeans so big on the iran nuke deal which is simply unlearned iran to run riot through the middle east? >> they love deals, they don't want to stand up to iranians, they don't want to do that at all. trump wants to.

there are people in his administration that don't want him to do that, stand up and say, look, you have to do this, you have to change the deal this way or we are going to get out. look, i don't think he brought in a new secretary of state pompeo or john bolton, both hardliners, both opponents of iranian deal so he can say, okay, we will keep it. remember, this too, one thing trump cares about terribly is sticking with his promises and he promised to get out, promised to get out of the paris accord and he did, promised to move the embassy in israel and all these things, so he cares about that. stuart: it's going to be difficult, though, for the french to get much out of president trump if they wanted to stick with the iran nuke deal. i just want -- i have 20 seconds, what do you think we want from macron?

>> friendship, you know, say nice things, be a friendly guy and -- and maybe macron can do this, work out a deal with iranians where trump will get something, not throwing out the whole deal, what they'll have to give in and give trump something. that's possible, i believe, all of the iranians say no. stuart: fred barns, we hear you, thanks for joining us, that's a promise. thank you very much. to the markets now, look at bitcoin, briefly above 9,000 bucks a coin. dropped back 900 as we speak. the price of gold is down, we are up 13 bucks, well above 1300 per ounce. finally the answer to stopping those illegal robo calls you keep getting on your cell phone. we have the answer for you after this. welcome to the xfinity store.

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stuart: federal authorities say, you know, those robo calls -- ashley: yes. stuart: number one consumer complaint, some of them, by the

way are illegal. now we have companies displaying new technologies this week that could reduce or stop those calls, come on in edward lawrence in dc, edward, i want you to give an example of a technology that flat-out stops those calls, period? >> well, stuart, just press 1 for a great deal i can give you on the phone. we have gotten the calls at dinner, when we are sleeping, this is a forum put on the fcc and ftc and companies in this room that believe that technology has made it easier for the robo calls to come through, it's also easier to fix and some technologies like this one, this company creates this box that funnels all the calls and weeds out robo calls or unwanted calls and other companies are using apps on the phone in order to figure out which calls are legitimate and which are from robo callers, ftc and fcc believe 3.2 billion calls were made last year alone.

number one complaint that the two government agencies get and they are trying to work on this but again, the people in this room believe that technology will be the fix to that and through those apps that you can buy online that will funnel the -- the phone calls away from your phone so you won't get them. stuart: edward, are you in a position to tell them that those apps work? >> you know, i could tell you yes and no, the apps are getting smarter every day. that's what the owners of the apps are saying, they are using artificial technology, artificial intelligence, also algorithms to figure out which calls, for instance, one to have apps here no more robo believes that they can see when one phone number is making millions of phone calls and can add the phone number to the list of blocked calls, it does allow them to figure out exactly who that is plus users can say, this is a robo call, this is a legitimate call and they can weed out, on the case of privacy, though, most of those apps that i talked so they do

not keep records of the phone calls that you're making, they do not up load your contact base, they just keep the robo numbers so they can send it out to the rest of the users to get those calls blocked. stuart: that's the technology side, what about the legal side, edward, what are the feds are doing about illegality? >> yeah, as far as robocalls i'm told that most of them would fall under the illegal category either where they hide sort of address the caller id that it comes in, hide the phone number too, the ftc and fcc are saying that they are working in the legitimate rules that they have in place right now and they are going after these robo callers, in fact, just last week, adam brmovic testified and fcc labeled him at the kingpin of robocalls, he was levied a fine of $121 million which he's fighting. so fcc and ftc say they are

going at this, the technology as well as enforcement will be a key to stopping the robocalls but the app developers that i talked to here, you need to make it more expensive for robo companies to make those calls and, in fact, one of the apps we talked to here will actually call the robo caller and keep them on the line, it's actually quite funny. stuart: news i could use, thank you very much, sir, appreciate it. all right, everyone, they'll be more varney after this. at&t provides edge-to-edge intelligence, covering virtually every part of your manufacturing business. & so this won't happen. because you've made sure this sensor and this machine are integrated. & she can talk to him, & yes... atta, boy. some people assign genders to machines. . . at&t provides edge to edge intelligence.

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stuart: lizzie, what would you like the prince, the new royal baby to be called. liz: ringo. stuart: stop it. liz: arthur. love the name arthur. stuart: could be king arthur. liz: henry. ashley: i like arthur too. liz: i like neil.

stuart: 15 seconds before we get to him. ashley: and you, stuart? stuart: i like henry. liz: henley would be great. stuart: never been a henry after henry viii. neil, it is yours. >> how about charles? insisting economic relief will only come after complete denuclearization. north korea after they said they were stopping all nuclear test es. >> media suggested "rocket man" tweets would lead to war but