great show everybody thank you so much. >> thank you. have a great day everybody. "varney & company" begins right now. talk it away. good morning to you and good morning everyone. it was a disgraceful display of disrespect. throughout the day, and late into the night, the left poured out scorn for president trump it was unprecedented. it started early. the hearing on the clinton e-mail scandal hijacked within seconds of it beginning. democrat demanding discussion of family separation. not the clinton e-mail problem. every democrat on the panel followed suit. two women with babies interrupted the hearing calling the president inhuman. democrat cummings close to tears talked about child internment

camps. later, president trump wept to capitol hill to discuss immigration, a woman screamed. fu -- right at him. the hispanic caucus got right into the president's face shouting abuse right at him and after that a confrontation juan, democrat, and carlos, republican it was the democrat doing the shouting. away from capitol hill -- home lapd security secretary neil son tried to eat dinner at a mexican restaurant a socialist mob forced her out. and throughout the day, the president was reviled in the most personal terms. the shelters for children at the border concentration camps. it is come to this in thes believe they found an issue finally separation at border they filed on pee motion and now the insults. we're covering this throughout program, we're going to show you what happened last night you'll hair it all and we'll ask what is going to happen at the border when the next migrant surge arrives.

"varney & company" is about to begin. ♪ [bleep] don't you have kids. don't you have kids, mr. president? how would you like if they -- [inaudible conversations] [chanting] you don't eat in peace if you don't -- and extraordinary hostility towards the president and administration. joining us fox news contradict tore jason sir you were a congressman for a long time. have you ever seen anything like that? >> no this is part of the tactics of the resistance moment it is a -- that says they do anything and everything they can to embarrass the president. now i have to tell you when i joined congress i was elected same time as barack obama. i asked to be on the immigration sub committee in the judiciary committee. democrats have the house and

senate and presidency, we didn't even hold a hearing on anything about immigration. didn't even introduce a bill on immigration. i had one that dealt with border security that pass judiciary committee and republicans took control in march of 2015. no democrat would help, no democrat would ever engage in this. but now they are. but you saw what had last night. that is -- as a political strategy on the part of the democrats is it a winning strategy? >> no. i don't. i think it is highly offensive i think it is a scorch philosophy they're trying to distract from the economy what's going on well with north korea. all of these things that are positive for the president and a very -- important hearing with the inspector general, i mean, they planted themselveses you look closely they planted themselves in between where the president and media was going and turn to camera that it was a philosophy of trying to embarrass the president. >> home lapgd security forced out of a restaurant we have a

video ten minutes long a mob screams in her face inside the restaurant and where was the restaurant own or for heaven's sakes? >> nobody wants to see kids that are separated from their families. but they're being treated much better in the united states than they have anywhere else in the world and we are taking good care of them. but the congress has to act no doubt about that but this is different. we are the united states of america you don't yell and scream at somebody while they're having a meal at a restaurant. so -- so offensive. jason we'll take a couple of seconds here to calm down but thank you so much for joining us. stay there we have more. and money well look at this stock bouncing back after yesterday roller coaster day up 100. 120 at the opening bell. liz peek with foxnews.com with us now. so the trade blip -- a one-day wonderer if you would have bought dip yesterday you would have done okay. tmpleg that's the sequence right basically you have this eruptions in this trade spat and a market sells off and almost it

comes right back again. it teams so me that a lot of -- senior investor is too like warren buffett out yesterday saying this is not a big impact on the economy. let's wait until something -- say that yes it did. and jean paul -- also came out, i mean, look -- reality is, earnings are growing and pe multiples are coming down and unless something change course of the economy i think this market is in pretty sound shape notwithstanding, a trade dispute which has got to be a resolve at some point and way won't be. this is going to go on, there's going to be bapg and forthing. there's joisting going on but no severed lens yet. >> nice -- vision right there. [laughter] back and forthing. i like that expression that's a good one. ge -- out of the dow, has been there 110 years join original it is out. to me that is a new era. the end of the industrial era in the beginning of the technology.

but you're looking skeptical. >> i would prefer to think of the end of the obama era and lost millions of manufacturing jobs where we have no confidence what so far in america ability to compete for manufacturing and now we have a president who is bringing back we've had -- up 259,000 manufacturing jobs in the last year. companies are reengaging in terms of building producing production facilities, and the tax bill encouraged investment so we're seeing a real boom as companies know they can write off investment right away so this is a huge turnaround from the obama years. >> but it is now a technology economy -- not so much an industrial economy. you go with that. >> again, again we have a lot of competitive advantages in manufacturing. like bury cheap energy you compare our energy cost with germany for example big manufacturing rival, which by the way considers a manufacturing power house -- our power costs are like one-fourth of theirs. so all of the things we have a lot of advantages in this

country. we just didn't take advantage of them and now we have a president willing to do that and other side of it is walgreens yeah, a company that is benefiting from the out of control growth in health care costs. so i think honestly it is a metaphor for what happened over last decade and i would love to see both of those continue. >> where have you been in qk to the show. >> here. [laughter] now we've given jason a little moment to relax. but let's -- go up again. peter struck the fbi agent who sent a series of anti-trump text messages he was -- escorted from the fbi building. why now? we have known about this guy and now taken out of the building? >> timing curious they have known about these text messages this bias and analysis for a long time. the question is this guy was a number two person in counterintelligence. these guys having an affair within the office. he is text messaging undoubtedly

if the -- fbi can look at that so will russian and chinese and other you would think in charge of counterintelligence you would know that and why didn't he lose his security clearance and for a lot of people if you lose your security clearance you can't work with at the fbi. now, i do think they've gone through process with office of professional responsibility. that's playing itself out but most important now to this hearing is the second half of what the inspector general is doing. and that is t they're looking at the did they -- these agents and these attorneys did they take their for the president an put it into action and do something? that's where this is going next and why ultimately these people may end up in hand cuffs if. >> i'm sure you're glad you're out of congress. >> i'm having fun. [laughter] well welcome to the show -- thanks for being here. all right let's get to trade -- could this be a break through? a peace offering from germany's car makers what's the ?oir >> so talked so much about the trade spat the with china but germany

turns arpgd we're told we believe -- having a -- resolution their thought in saying to the president you know why don't we just eliminate import tariffs immediately because they charge on autoimport there is and we charge 2.5% that's unfair and that is clean don't forget the president has threatened a 25% -- infort tariff here on german vehicles. germany will got a huge benefit out of this french not so pleased. they have the boat engs export of the u.s. and get a competitive advantage with with cheaper odds. that's going thes way. the president will say we want more for no tariffs. >> there's a big footnote germany and e.u. are saying u.s. you get rid are of your 25% tax -- unlike trucks because that will affect the president in the midterm that's the car makers who make the truck so autoindustry does not want to get rid that have 25% tariff. >> i still call it progress. >> by the way it could also help

manufacturing here if they want to produce more car in america. that's -- 100 or more -- look at those up more and after you see the board there we've gone up more. now we have up about 130 points right there at the opening bell. got it. a couple of individual stocks, not doing well, lazy la-z boy down 5% and article not so rosy forecast for the future. down about 4%. now this -- big news -- disney has upped its bids for some of fox assets. it is niewferring total of 70 billion dollars. this is a combining to and cash offering. this could be the the start of a -- well more of a bidding war request comcast. fox stock up big time on that news. look at the white house president trump heading to minnesota the white house in

duluth he wants to turn deep blue minnesota red we'll see how that works see it all here on fox business starts at 7:30 tonight. elvis presley daughter lisa marie says that father hundred million fortune is gone and form earl business manager lost it all on bad investment and suing to get it back. nikki haley united nations saying pulling out of the human rights counsel that shows chronic bias against israel. calling a cesspool of political bias you'll hear it after this. in 1948... [sfx: bottle sounds on conveyor] one bottle at a time. today, we produce nearly 20 million cases a year. chubb has helped us grow for the past 30 years... they helped us prevent equipment problems during harvest and provided guidance when we started exporting internationally. now we're working with them on cybersecurity.

my grandfather taught me to make a wine that over delivers. chubb, over delivers. where we're changing withs? contemporary make-overs. then, use the ultimate power handshake, the upper hander with a double palm grab. who has the upper hand now? start winning today. book now at lq.com.

it's not theirs, it's mine. the new rx 350l with three rows for seven passengers. lease the 2018 rx 350l and rx 350l awd for these terms. experience amazing at your lexus dealer.

the trump administration withdrawing our country from the united nations human rights counsel u.n. ambassador nikki haley roll tape financial >> for too long the human rights counsel has been a protecter of human rights abusers and a cesspool of political bias. the counsel seeses to be qort

thy of its name. such a counsel and in fact damages the cause of human riewghts. joining us now is the author it have this book, the end of europe now there's a title i could go for. james is with us and he's with a brookings institution good morning james. how are you? >> great thanks for having me. do you agree with this decision to full out of the human rights counsel because i -- i welcome it. >> i agree as well. i think it's a far body. it allows dictatorships and authoritarian states that are really the worst human rights abusers to sit in judgment of democracy and if you look at the number of resolutions every year that attack israel which is only democracy is appalling there are more resolutions dedicated to a tinny little country this democracy than any other country in the world north korea, cuba, what have you so i'm not sure what good the united states is doing by sitting in these meetings -- and -- >> this is a long shot but is that a precursor to us leaving

the united nations period? >> no, no i don't see that happening and i think the u.n. is still worthy institution at least a forum where we can have these conversations a security counsel is an a important body for deciding, you know, very porpght security issues. but the u.n. human rights counsel is a sham and it's good that u.s. is leaving. in the book the end of europe i want to ask you about angela merkel because i think her political future is in some jeopardy but my bottom line is that immigration ruined yiewrm. really broke up europe am i going too far? >> it has had the political effect of dividing the union and you saw that decision that she made in 2015 really pitted germany against many of its neighbors particularly in central and eastern europe and it is causing her serious political problems in germany as well. the reasons why there's been these political crisis in berlin over the past week is because her coalition partner in

christian social union pressing her to take a tougher stance on asylum seek trs now seeking chamg from a far right party in bavaria so had a very serious effect. >> do you see a parallel between -- the migrant army that marched into europe and upset politics? and what's going on on our southern border and what may happen on our southern border if this -- army but a mass walk on to the border of people from nicaragua a parallel? >> that we underestimated the immigration, in the importance that it has for people. i mean, the government is in italy is now what we would call a fop populous party but they brought together largely on this issue of -- immigration. and i think now in the united states you know despite these pictures that we're seeingver past couple of days -- they're very sad and unfortunate but i'm not sure it is actually

going to hurt donald trump that much. that was to build a wall and board. >> if you get a crush of people rifing this attempted mass migration, and the democrats let them in for whatever reason -- i think that democrats have a political problem and donald trump does not. i think he win withs. >> i think he may be right and i'm not making a moral judgment on this issue but i do think that people on the left and democrats i think they underestimate the support that donald trump has for his position on immigration. james you work for the brookings institution does it give you a hard time when you appear on programs like this? >> nonpartisan and support intellectual diversity that's why i'm here. >> intellectual twiersty. okay that's fine. wok to the show thank you james

e see you soon. money, going up on opening bell up about 10 points for the dow industrials. i've got another positive economic sign -- social security disability claims falling -- now down to the lowest level in about 15 years. that's a good sign. more varney after this. ♪ you shouldn't be rushed into booking a hotel. with expedia's add-on advantage, booking a flight unlocks discounts on select hotels until the day you leave for your trip. add-on advantage. only when you book with expedia.

the nation's largest senior-living referral service. for the past five years, i've spoken with hundreds of families and visited senior-care communities around the country. and i've got to tell you, today's senior-living communities are better than ever. these days, there are amazing amenities, like movie theers, exercise rooms and swimming pools, public cafes, bars, and bistros, even pet-care services. and nobody understands your options like the advisers at a place for mom. these are local, expert advisers that will partner with you to find the perfect place and determine the right level of care, whether that's just a helping hand or full-time memory care. best of all, it's a free service. there is never any cost to you. senior living has never been better, and there's never been an easier way to get great advice. call today. a place for mom -- you know your family, we know senior living. together we'll make the right choice.

you know your family, we know senior living. i mwell, what are youe to take care odoing tomorrow -10am? staff meeting. noon? eating. 3:45? uh, compliance training. 6:30? sam's baseball practice. 8:30? tai chi. yeah, so sounds relaxing. alright, 9:53? i usually make their lunches then, and i have a little vegan so wow, you are busy. wouldn't it be great if you had investments that worked as hard as you do? yeah. introducing essential portfolios. the automated investing solution that lets you focus on your life.

>> elvis presley daughter claims that his fortune is gone. what happened? >> all right, so barry siegel her money manager she's alleging and superior court in l.a. he squandered elvis fortune she's now 16 million dollars in debt. ten million in back taxes. she owes -- they're now left to, you know, auctioning elvis's private plane dates back to 1962. they were saying she is alleging it was 100 million dollar value of a fortune that they claim that was but then he took that money and sunk it into "american idol" and lost 15 billion there and sunken into upside down mortgage and hawaii, and california and in possibly england so it's astonishing now it is worth than less 15,5 that's she's now in debt.

she's in debt. what a sad story it is terrible isn't it? >> it is actually. going to completely the other side of the coin for a second. which is going i want to talk about the economy. couple of indicators here seem to be firing on all cylinders social security administration says disability applications are way, way down and liz pique, you've got news on food stamps. >> pomps has been tumbling since 2013 but picked up pace. best welfare program for sure is a good job. right -- so that's what we have. we have a tight job market. everybody can get a job now. or there are more job openings as you all, more job applicants than job openings so everyone is being brought in and i think the most encouraging thing that we have seen latefully in terms of data is that the -- income gains are going further and further down. the income ladder -- so people at the bottom end of the income spectrum are seeing finally wage increases and income increases that's, obviously, going to help in materials of pairing roles --

of disability and also food stamps. >> i've got monitorrings here looking at different news channels they're not covering the economy. they're not interested it's all about -- order and in campus and all of the rest. what do you got there? >> i was going to say social security disability that was supposed to run out in 2023 that was a forecast two years ago. now it is pushed out to 2032. so -- how about? that show you how many are relyingen that. a plus, a hidden benefit from growing economy, right everybody looks at the increment tax revenue to bring in but it means fewer people trying to get on to the welfare programs -- that's a real -- exactly. more people putting in. the plus and any way you slice it. no question about it. future we have four and a half minutes to go before we open this market it has a wednesday morning and e we're up about 120 points. there you have it ladies and gentlemen. stay tuned please because we're taking you to wall street after this.

>> we've got 30 seconds now this market will open this wednesday morning. we're expecting about a triple digit gain just a few seconds from now, i'll be able to give you headline it is from fed chair powell he has been making some news about the economy i

can't tell you until 9:30. it may affect the market -- [laughter] yeah. you've got 7 seconds away. can you wait five, four, three -- two, oak. here we go we're with off, running where did we open that's the first thing okay that's yesterday. now we're opened up 70, 83, 89 -- 86. we're up. okay now let me give you those headlines from the fed, just crossing now. jerome powell fed chair -- he is praising the strong economy. he says the labor market is, quote, particularly robust. he says most americans who want jobs can't find them there are nuggets in there and dig them out for you but essentially fed chair is saying we have a strong economy that's not hurting the dow. it's actually helping give us a 102 point gain as we speak. 24,79737 he's making a strong case for more interest rake

hikes so that's how that will be not hurting the market now. >> not hurting the market now let's see what happens in interest rates shortly. so we check the big board up 103 that's at that point 4.4% gain same gain on the s&p .35% gain how about the nasdaq -- well that is up yes, but it is up even more. it's up a half percentage point gains across the board. show me general electric because -- after 110 years, it is going to be out of the dow jones industrial average replaced by walgreens come next tuesday. a walgreens up -- general electric at 12 dollars share. starbucks a weak sales and close 150 underperforming stores -- taking it on the chin. starbucks and 5% now this. disney has upped its bid for fox assets now offering total of 70 billion dollars for those assets and combine stock and cash.

this could be a bidding war with comcast. fox's up on the news fox, in fact, just hit an all time high. amazon and netflix they have opened it this morning and a guess what, they too have opened at all time highs. amazon 174netflix 416 per share. how is about that? >> wow. well i mean -- if i need help covering this market. [laughter] elizabeth macdonald ashley webster shah gilani and d very martin all with me. shah you're fist i know you're itching for another drop on the dow because of trade so that you can buy the dip and make some money. that's what you want isn't it? >> this is the drop i was looking for so i'm adding here i don't like -- i don't to see market go lower. i think 400, 500 rage for the dow is below that and below that nervous but right now this is buying opportunity as far as i'm concerned. >> how about you dr is this a buying opportunity? >> absolutely. and we've seen strong market

breaths stuart meaning lots of stocks participating in this move to upsued, and this small cap index is still making all time highs. so the market is really healthy. i'm request shah i'm buying every dip until further notice. >> it is not such a big opening gain for the dow and now we're up 54 points. that could be because of jerome power statements frommed fed we have a strong economy which could imply more interest rates increases which stock investor don't particularly care for now we're up 60 staying on trad now. a peace offering for the president from germany's leading automakers. they want to abandon all tariffs for cars between european union and america does this mean dr i don't know what you've got to think about trade, but is this a peace offering from the europeans is this -- sounds like trump's hardline is beginning to work? well, i believe very much is curet, and you know, it's interesting now that we're hearing from ceos not just heads

of state and not just negotiators. so this is really having an impact, you know -- i've been a detractor of the whole tariff battle. but he, the president is getting results. >> what do you say it won't go far because germans don't have authority to make trade deals but it's the eu that derls what germany will do so this is a problem in terms of individual countries wanting to negotiate with us. now we have up to the eu and they've basically said not so fast. maybe i'm grasping at straws because president qowld like more trade and you all -- is gone he wants free trade. this is direction to go to negotiating but i don't think it is going to be -- too positive for the autodealers in terms of germany. >> i want to get become to ge as you know by now it is going to be out of the dow -- after being in the dow for 110 years replaced by walgreens come next tuesday. i say -- and some people disagreeing with me here but i say this is a part

of a trend away from industrial economy to a technology company. am a i right? >> very much so, and one of the original criteria for being in the dow is it must be of interest to a large number of investors. so -- that is not thinking about ge not of interest it a long number of investments but also price weighted index so less than half of a percent of the waiting of the total of the dow. it is really not -- >> back at "the wall street journal" and value destruction it was qort a half a trillion dollars in 1999. it's lost nearly 80% of its market value in two years time just watching this thing slide has astonishing and i think shah has a great point. by the way consumers spent half their waking lives in drugstore chains in all hours of the night. this is wave of the future. >> let's pick up again on the big board where are we? we're five minutes into the trading session -- we were up 100 now we're up about 50. show me fedex please.

getting boost from tax cuts, and a turnaround in his express business but nonetheless stock is actually down 00, and share on fedex. article and not so rosy forecast down 4%. la-z boy their sales not great. that stock is down about what -- % now. that's all. and we have strong numbers coming in from the rv maker winnebago look at it go $4.65 you want to retire and drive around country, ash with me? >> no would you not with me -- >> not giving up your van for winnebago. not doing that. >> i've had had my thoughts about driving around retiring -- fit it in a mcdonald's drive-thru for your coffee? >> talk starbucks and stop muttering over there. starbucks watch out weak sales outlook they're going to close 150 underperforming stores i should say dr i have to come to

you for this. are you buying starbucks at the 54? >> i am not buying them on this dip stuart. i think this is a little bit troublesome. thaifer they're closing stores there's a standup routine ab starbucks across from a starbucks they probably have oversaturated in some places but it is dropping their same store forecast from 3% to 1% that really is hurting -- >> mcdonald's, mcdonald's taking shots at them now with their own -- why not? >> a competition too. it is so true. >> i don't know where stock has to go. maybe 10 point higher at the most and all time high i don't see it getting up there when they're closing stores if. >> when you think you're buying stock well how far up -- >> growth mode and they're in a bit of a pull back mode. from starbucks it doesn't -- >> like a reap. show me cvs please making a move that could maybe protect it from amazon. getting into the prescription delivery service business.

same day -- next day delivery. but that's amazon's term trying to invade. >> it's a smart move and i think they want to get ahead of amazon not fully in tay business but wants to know in rumors. this talk has been kind of underwatch under has underperformed taking a look at it i think between 70 down to 60 probably a great stock to hold for the long-term. >> what was that comment just a moment ago you can see one star tbux from another starbucks. exactly the same as cvs you go to physical and every big intersection call it there's a cvs and drugstores -- you like it. [laughter] wandering around -- [laughter] look at oil please. russia wants an output increase. iran does not want an output increase. iran is squeezed by mr. trump threat of sanctions. dr what is the end game for the price of oil any idea?

>> i think this is -- this is a problem for the long -- the intermediate to long-term price of oil because we are still here in america. our shale producers are doing such a fantastic job of making their wells more productive in their producing more and more. so with o'increaseing especially russia and saudi arabia, the big dogs -- had is going to keep the lids on the price of oil. >> we shall see 66 dollars a barrel as we speak. dish network added netflix access to the set tom boxes itselfs to hotel operators. i'm not sure of the significance. >> i love it. netflix stock is up $7 at 412 dish is up 18 cents and lizzy -- what do you mean? >> because it is so expense toif buy movies or tv content in hotel rooms like 20 a movie that use own netflix account to log on maybe in a marriott you know what i mean? >> get netflix 411 a share.

>> this sing is more than tripled in a years time it is amazing. >> this gets gold star and most incredible stock in every index in its phenomenal -- >> are you buying it, at 411 a share. no you are not. [laughter] too expensive what i do trade it up and down and trade it up and down. >> i'm just terrified when you get to a new high -- it choirs worries me yeah, really -- time is up. [laughter] now 9:40 eastern time. dr i'm sorry we didn't get to you very much but next time i'll make it up to you fine performance again. gentlemen thank you very much indeed check that big board down to gain of just 28 points 24-t700 that's where we are. next one -- people getting married -- at historically low rates. don't dell that to jeweler at tiffanies sales of engagement rings are booming we have the numbers for you in a moment. if you have a google home smart

speaker in your house you want to hear this. a newly discovered security flaw let hackers figure out where you live -- and a whole lot more presumably we'll be right back after this. see that's funny, i thought you traded options. i'm not really a wall street guy. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade

that's it. i'm calling kohler about their walk-in bath.

hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ snap ] the kohler walk-in bath features a low step-in at three inches. the bath fills and drains quickly. comes with fully adjustable hydrotherapy jets and our exclusive bubblemassage. we need this bath. yes. yes you do. call and ask about saving $1,000 on your walk-in bath. >> much of the lead is gone but we're up 42 points for the dow 247 is where we are. but oh look at this please. ed nasdaq composite in7,774 that is another all time high. it is up a whopping 48 points as we speak. show me facebook because i think it just topped 2, yes it did. facebook just hit 200 a share. it is up another 3 that 1.7% that's facebook for you. now this -- the marriage rate at historic lows, but tiffanies doing really well.

tell me all about that nicole. pretty cool concept what we're see the sales jumping 11%. but marriage rates you said stuart varney are at lows in 1950s, 78% of the people were married now 48% so what are we owe this to. turns out new ceo -- at tiffanies is since october is cooler and it has new ideas including that they have to be nicer to the customers and their ads are more diverse or more with the times same sex couples more mierpt so hit a high recently here in june, and that one in the video that question saw -- the tiffany setting this was solitary number one seller. how much do you spend on a ring, average -- 6300 that ring -- starts at 12,000. back to you. >> okay that's tiffanies for you thank you back to you later. google's home voice assistant has a security flaw.

what's the problem? >> it i comcast too. hackers can figure out where that device is all a the way down to your home address. google will put out a patch and they've done that but that is the latest in string of these things let's not forget that amazon and -- alexa when couples conversation recorded and then that file sent randomly happened by device on its own pl all of the privacy issues that teff lon stocks -- google, amazon people will say that's terrible but it doesn't seem to hurt. stock -- it does not. i'm going to get back to politics. i want to describe again -- qield night last night. hostility to trump and they're shouting and ranting right at

the president on capitol hill a young come shouted fu right at the president. and the home lapd security secretary would run out of a restaurant by a socialist mob who objected to her policy on the border. joining us now former senator republican south carolina, sir, when you were a senator, i don't believe you ever saw anything like this, did you? >> nothing like it stuart we're seeing this not only in the capital but all over the country, the left, the progressives, are becoming increasingly violent and mean. particularly towards the president. but also almost any of us who call ourselves conservative bus it is hard to understand when you look at the effectiveness of trump's policy of building the economy. particularly jobs for minorities. >> but is it, i mean, it looks like this could be a successful political strategy for the democrats they whipped up a

great deal of emotion they're getting maximum coverage all across the media. you know, it could be a successful strategy couldn't it? >> it could be. i think the the president is going to stick to his guns he does he could win this because -- clearly this is been caused by years of open borders and invitations to even criminals, human traffickers, drug traffic arers have been using these children as foils. certainly there's some parents with the real children but also question of mixed into this, a real criminal element. and it's hard to solve the problem when there's a crime stuart as, you know, often the person who is committed to crime is separated from their families. so open borders have created a lot of tragic situations and we're seeing that playing out here now. >> in your opinion politically -- should the president immediately change the policy? and stop the separation of families he could do it. >> absolutely not. the congress needs to solve this problem.

the problem is in the law. in the president is offered to basically give these children amnesty which a lot of us are concerned about if we can have border security the president is said he dujt want to turn america into a refugee nation like we're seeing in europe. there's sol real problems of doing things a way that we've done -- and so congress needs to act. they're considering bills to give us security and fix our immigration system, and they can solve the problem at the border. much quirk than the president can. >> jim delaware mingt great to have you on the show and thank you for appearing with us today a difficult morning after night before. jim thank you a lot sir. appreciate it coming up by the way, congressman carlos is a florida republican with a shouting match with one of those democrat lawmakers who were yelling at the president last night. congressman will be with us on

this program 11:30 this morning. check that big board we're holding a gain of about 50 points as we speak. 24,700. a bombshell from congressman mark meadows, he says that fbi may have edited and changed excuse me -- key witness reports related to the hillary and russia investigations judge napolitano is next. man: i got scar tissue there. same thing with any dent or dings on this truck. they all got a story about what happened to 'em.

man 2: it was raining, there was only one way out. i could feel the barb wire was just digging into the paint. man: two bulls were fighting, (thud) bam hit the truck. try explaining that to your insurance company. woman: another ding, another scratch. it'll just be another chapter in the story. every scar tells a story, and you can tell a lot more stories when your truck is a chevy silverado. the most dependable, longest-lasting, full-size pickups on the road. where we're changing withs? contemporary make-overs. then, use the ultimate power handshake, the upper hander with a double palm grab. who has the upper hand now? start winning today. book now at lq.com.

well, well, well another all time high for the russell 2,000 that's the index of small companies now pretty close to 1700 on that index. same sorry with the nasdaq another all time high. 7,773. how about that? let's get to the fbi that scandal feater struck the fbi agent he sent a series of very strong anti-trump text messagings. and ore you have is it as well. he was escorted from the building yesterday. judge andrew napolitano is here. first question, what took him so long? thought about this forever. >> escort is serious because that meanings they removed his badge and his service weapons from him fbi agents we seem to forget are armed. and he was escorted out by armed people that happened on friday we learned about it yesterday and department learn sooner we toangt know why he was escorted out but stuart my dear friend

and protections as everyone and he has -- civil service protection he can not be fired because the express negative opinions about the president. he can be fired if he may have law enforcement decisions for an improper purpose. they must have discovered something between the tile the inspector general testified or inspector general reports was prepared and friday -- that caused them to pull the trig arer speak we don't know what it is we don't know if he's no longer on payroll and may be an fbi ought on leave with pay or he may have been fired. crickets from the the doj and people in the doj can't find out the exactly what happened to him. >> well -- i know he's -- hated in access to the fbi computer system all of this time. >> i don't know what he hassing seases to because he's in hr. i mean -- >> this guy took a tumble from being number two in intelligence to being number 15 in hr. that's not really something that

fbi agent aspires to and his level of his career. why they removed him from that is what is a head scratcher. >> let me get to something which may be more serious. congressman mark meadows freedom caucus guy -- he says that the fbi may have -- edited and changed key witness reports in the hillary and russia investigations that sounds serious to me. >> that does serious and not spoken to him and i candidly full disclosure i know him very well for a long time when the fbi interviews you for more than just hello, they have to fill out a report called 302 a number of their report can they change it, they can correct a typo if their reaction says he said accept inreceive accept they can change that but if they make a material change -- in order to falsify the report that's a criminal offense. and if -- if congressman medicine doing is saying that he must have some evidence to substantiate the claim and hasn't shown his cards yet.

it could be profound or it could be inconsequential i don't know. i doubt he would say this if he didn't believe it was serious. >> really sounds like another problem for the russia, russia, russia -- >> can i -- wear my cynical hat for my experience in law enforcement and my prior life, the fbi is the best at extracting evidence from witnesses. they are also the best at disguising evidence and hiding evidence. and leaking evidence. so they're the best at the -- at good arts and the best at the dark arts as well. not all fbi agents do this. most don't. but the one who is do -- do it well. [laughter] >> neatly put -- neatly put. judge see you again in the 11. >> i liked that. [laughter] the mother's milk of television. >> wonderful. first it was europe -- now it's america. immigration has become a very

divisive issue. my take on that in the top of the hour. that's next. what about him? let's do it. ♪ come on. this summer, add a new member to the family. at the mercedes-benz summer event. lease the glc300 for $429 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. with tripadvisor, finding your perfect hotel at the lowest price... is as easy as dates, deals, done! . . . . to show you the lowest prices... so you can get the best deal on the right hotel for you. dates, deals, done!

tripadvisor. visit tripadvisor.com

stuart: in europe, now america, immigration has become a divisive issue on both continents. poor people from neighboring countries are banging on the door. they want n both europe and america are rich. so what is our obligation to our neighbors who are poor or whose societies are in chaos, what is our obligation? humanitarians say enter them in, and if they enter inlegally let them stay. in my opinion that is not sustainable. immigrants are entitled to all kinds of benefits, expensive benefits, it sounds crass, i know it, but we can't afford to pay for all the millions of people who would flood across the border if we open the door. to be really crass, why should we give away to our wealth to

people have not contributed to it? a welfare state can not have open borders. look at guatemala, el salavador, nicaragua, parts of mexico. they are riddled with violence and corruption. thousands people make their way north. thousands more are coming. what will we do if and when they arrive at our southern border? it is at that point democrats lose their advantage. they scored points when the separation of families issue, you about what will be america's reaction with the same kind of migrant surge that broke europe wide open? the politics of immigration may shift just like europe. the wall will look much more attractive. that is my opinion. the second hour of "varney & company" is about to begin. ♪ stuart: attention realtorss we

have numbers on existing home sales. ashley: here we go, 5.43 million on annualized basis. that is a decline the second month in a row. it also fell in april, perhaps showing a bump up in prices, rising mortgage rates and really tight inventory coming together to hurt the existing home sales. the average median price is 264,800, that is up almost 5% year-over-year. so, you know, we had a very strong february and march but then we saw a little bit of a pullback in april and may for reasons i just listed. stuart: 264.8 is median price. i call that a big gain. big equity stake in those homes. ashley: inventory. people are not putting holes on the market. stuart: you got it right there. ashley: yeah. stuart: disney, it has upped its bid for fox assets, now offering $70 billion in combined stock

and cash offering. could be a bidding war with comcast. they want fox assets as well. fox is up on the news. in fact fox stock hit all-time high. we have more about that. amazon, netflix, facebook, also at all-time highs. look at this, amazon at 1749, netflix at 412, and facebook at $201 per share. that is not all from the big techs. look at this. microsoft is one of the biggest gainers in the dow, up almost 1%, close to $102 a share. big tech on a tear again today. starbucks going the other way. they gave weak sales outlook. they will close 150 underperforming stores. the stock is down more than 6%. big drop for starbucks at 53. jack hough with us, "barron's" senior editor. jack, we had a dip, one-day dip

because of trade? we see that. trade negative piece of news. down goes the market. right back up again. same story today? >> i don't think you want to just laugh this off. stocks are still the best place to be, especially u.s. stocks, with the market trading over 17 times this year's projected earning, the growth boost from tax cuts, that is already priced in. the potential for escalating trade war, that is not priced in. so if we get that, stocks are going to get hurt from here. i'm not sure that the u.s. economy, things are going fine. i don't see evidence that we reached some kind of mystical escape velocity, the big bump in earnings growth this year will repeat in years to come. what we will have in years to come, is the bill from all that borrowed money, which will reduce our ability to deal with the next financial crisis that comes up. so things are still pretty good. i'm starting to become a little more cautious on all this talk of a trade war. stuart: okay.

we hear you, jack. thanks very much but stay there for a second because i want to talk about general electric. >> good. stuart: it will be out of the dow. it is one of the original companies back in the dow. back in the day it was the dow 12. now it is the dow 30. it has been there 110 years. it will be replaced by walgreens. a lot of talk about that is the end of industrial era for america. are you shaking your head? you don't believe this? >> ge is a very troubled company. people think it is because the business is so complex. i think product it sells is not as competitive with rival products and too much financing going on with the financing of those products. you have a stock created by committee. why is walgreens and with not cvs. why is a company half the size of ge replacing ge in the index. i get it. five companies smaller. they're still 100 billion-dollar

company. stuart: one of the ideas is investor interest in the sock. investor interest in ge is nowhere near where it was two years ago? >> perhaps. we still call it a industrial average. we don't call it the retail average or the consumer average. stuart: no, we don't. >> we're trying to make it reflect the economy better. maybe you need more than 30 stocks. stuart: look at it, $12 a share, who would have thought. a few years ago who would have thought that. there you have it. it is out of the dow. thank you, jack. >> thank you, sir. stuart: president trump will hold a rally in duluth, minnesota. duluth is one of the few places where republicans think they can pick up in november. come in a minnesota congressman thomas emmer. why is that particular district, duluth, surroundings there, why is that likely considered a gop pickup? >> several reasons, stuart and thanks for having me. first off the demographic forgets the forgotten men and women president trump has been

talking to now for a couple years. you have a huge mining industry in northern minnesota. you have a logging industry in northern minnesota, quite frankly has been shuttered from people on the left who don't believe that we are able to protect our environment while exploring and potentially developing some of the world's richest natural resources. i don't know if you're aware, stuart, northern minute south with the iron range, has if not the largest copper nickel deposits in the world. they're hardy people. they want to work. they're looking for leadership. we have a district called minnesota's 8th congressional district is open seat. the democrat who represented the district the last two congresses is retiring. it is an open seat. we have a candidate on our side, pete stauber, st. louis county commissioner got elected with

the 70% of the vote. this is stand-up guy from northern minnesota. is is only republican endorsed. on democrat side, four or five people are fighting it out. all the way from those want to represent working men and women to those representing environmental purists. it is a great opportunity, plus a district, donald trump won by 15 points. so it is a big pickup. but not only one we have in minnesota. stuart: congressman, hold on a second. >> we have a couple others that are absolutely winnable as well. stuart: here is a potential negative in minnesota. minnesota is trade partners, very strongly so with canada and china. and canada and china are in a big trade dispute with the united states. that is surely makes you a little worried, doesn't it? you're in minnesota. >> well, keep in mind the steelworkers in northern minnesota are looking at this president as their savior because he is trying to level the playing field with what foes on in china and, they look at

this as he is actually helping them. but i'm not missing your point. you're absolutely correct, the two largest trading partners for the state of minnesota, minnesota is still home to 18 fortune 500 companies. we're all about trade. moving an agriculture are our two primary drivers of our private economy. our two largest trading partners are canada and mexico. depending on the day china is in there as well. make no mistake, it is an issue but i think the people of minnesota understand what is president is trying to do, it's not protectionism. he is not against trade. he is trying to make sure american producers and american products have full and fair access to foreign markets just like we offer foreign competitors, offer access to ours. stuart: congressman, what do you want the president to say tonight? i want him to come out and once again re-establish his relationship with the working men and women of northern minnesota. i love his message when shows up

and says, look, i'm talking to you forgotten men and women of this country. working people have given everything, better life for themselves and their kids want to realize the american dream. so many of these people, stuart feel, no one here is listening to them. this president has been listening to them. he has been speaking to them. frankly he is performing. i hope he is the message, i hope he is turning minnesota red in november. he came within 45,000 votes being the first republican president elected by the state of minnesota since 1972. i think that this is the beginning of -- stuart: coming on hard break. i have to interrupt. congressman. >> first republican -- stuart: got to do something about the mics, congressman. i'm flat-out of time. by the way, fox business will air the president's speech tonight, starting around 7:30 eastern time. we have a big hour coming up on "varney."

a big report dubai real estate is a hotbed for money laundering, war profiteers, drug traffickers, are using it as a safe haven for their assets. we'll tell you all about that in a moment. michael bennet, defensive end of the philadelphia eagles, one of the most vocal protesters during the kneeling pro controversy. we don't have to take a knee. we have to work in our communities. sounds like he wants to get back playing football. fox sports 1 host jason whitlock with me later this hour. everyone is trying to get a piece of the action, esports. why not, it is a huge industry. three-time nba champion rick fox teaming up with a venture capitalist with the money and a dozen different teams playing different games. we'll find out their next move. you're watching the next hour of "varney & company." ♪ a bachelor.

and that's how he intended to keep it. then he met the love of his life. who came with a three foot, two inch bonus. for this new stepdad, it's promising to care for his daughter as if she's his own. every way we look out for those we love is an act of mutuality. we can help with the financial ones. learn more or find an advisor at massmutual.com

stuart: we turned south, not much, but we're down now just one point. we opened up one hundred. 45 minutes later we're dead flat to slightly lower. look at fedex. better profits. getting a boost from the tax cuts, a turnaround in the express business but it is down $6 per share. we'll have to find out why. oracle, that is a one-year low you're looking at. 44 bucks a share. not so rosy forecast. taking it on the chin. down 4 1/2%. popular game, "fortnite," video game, made $100 million in revenue the first 90 days. the game is free but players make ingame purchases. that is how they make the money. the third most successful mobile launch in terms of revenue. "fortnite," 100 million in 90

days. our next guest is trying to cash in on the esports gaming craze. he is former ceo of verisign. he is partnering with rick fox, the former nba star. i think he is trying to create a esports league. welcome to the program. i know you already run and own 11 leagues made up of teams that play each other at these games. now what are you trying to do? >> well, what rick and i and our partner have started here is a way of investing in esports the same way you would in pro sports. years ago i was one of the investors in the san jose sharks. i ran the organization for a while and i learned about player salaries and salary caps and revenue sharing, all sorts of things, broadcast rights. when we came into esports we noticed all these teams playing in these separate leagues, it is like playing hockey and football and baseball. now we're having teams and leagues. we're owning leagues and

generating revenues there. we're doing content company that creates original content and broadcasts shows. we're doing merchandise and league broadcast rights. a pro sports ecosystem applied to video games. stuart: as we came into your segment, your interview, we were talking about "fortnite." $100 million of revenue in the first 90 days. we find that astronomical. tell me more about this, i want to give the audience not a sense how much it works but how much money the esports business is really all about. tell our viewers, please. >> right. you have to start bid thatting that this generation of adults, or young adults between the ages of 18 and 34, they spend dozens and dozens of hours every month watching players play these games on steeling networks like twitch and facebook. there are billions of hours watched every month and this is what they watch instead of

traditional network television shows. for the knight, let me correct you, sir, "fortnite" did $300 million in revenue april this month. that is how big this is. it is a global phenomenon. stuart: you have players who form teams, they're part of leagues and they play each other in these great stadiums. i think we're looking at it right now, the "overwatch" league, we're looking at video. we're watching this. tell me, i'm an investor. if i want to get into this, the e gaming business, the esports business, how do i do it? >> well, i think right now, it is like early days of silicon valley where it is very specialized investors at a private equity firms or out of the traditional media and sports ownership. for example, owners in our investment vehicle are the new york yankees, the st. louis oilers, edmonton oilers, cia,

tpg, evolution media. traditional media companies and sports teams looks to bring a new generation of fan into their franchise as the yankees are trying to do with their stuff. stuart: you have a bunch of or several celebrities invested in your operation, is that correct? >> that's right. in addition to the teams i mentioned, we are fortunate to have kevin durant as an investor, being golden state warriors fan for 40 years, thrilled to see that. we have odell beckham as a investor and several pop culture stars as well. stuart: how much does it take to get? if i have 10 million, will you take it? >> yes. see me after the show. stuart: that is a joke. look, it is a booming, new, industry. >> right. stuart: a lot of people in our audience, they may not be aware of exactly what you do and how you do it, but they can see the writing on the wall. they want a piece of it. they want to get into it. how do you do it? >> well, right now i think we're

still in the days where it is really professional investment groups. we raised $38 million for our three companies. we did that through traditional institutions as well as media companies, with a few obviously high-profile individuals. i think you're going to see now in the next three to five years opportunities to invest, whether it is investing in a team, investing in a league or a game or in the side businesses of doing content for sports. but it is very much like, what you would see fox, disney and espn and abc, all of that is being recreated now in digital, on the digital side through networks like the facebooks and twitches. you're starting to see folks like at&t with directv now do over the top networks do digital distribution. this is the new network. stuart: look, stratton, thank you very much for being on the show. you opened my eyes and opened our viewers eyes. it's a huge business. thank you for being here. come back.

i will bring my grandchildren to explain it to. hold on a second, sports fans, i have breaking news. house speaker paul ryan, he says the house will vote on immigration tomorrow. liz: yes. stuart: big deal here. we'll be back. ♪ what's a gig of data?

well, it's a whole day's worth of love songs. 300 minutes of baby videos. or, it's a million chat messages. a gig goes a long way.

that's why xfinity mobile lets you pay for data one gig at a time. and with millions of wifi hotspots included, you'll pay less for data. it's a new kind of network designed to save you money. click, call or visit a store today. stuart: volvo a scandinavian car company not, it is owned by a chinese car company. liz: yeah. stuart: the news they're investing a billion dollars in

south carolina. jeff flock is there. tell me all about it, a billion dollars, what does it get them? reporter: plenty of swedes still involved in the volvo corporation or company, however. we are getting a live exclusive look inside where they unveil the vehicle they will make at this plant. that is the s-60. it is under wraps. unveiled in the next hour. that will eventually be made here exclusively in the u.s. and shipped all over the world. what does it get them? a billion dollars worth of investment in south carolina and 4,000 jobs potentially to make that car and eventually the xc-90, the big suv i asked the global ceo of volvo why the u.s., why south carolina? >> we need to make a sign of commitment to the u.s. consumers and to our partners here, the retailers, i think if we want them to expect, invest in a brand, we need to invest in a brand. we need to be locally here to

continue growing, and then of course we think we have to be in the u.s. reporter: i, i asked him, mr. samuelson, were you smart enough to know that donald trump was going to be elected and demand companies open more factories in this country? he says we're smart, but we're not that smart. stuart: okay, jeff, i'm we'll be back to you all day long. angela merkel's border policy, open border policy, that put her in real political jeopardy. nigel farage is with us in the next hour. i want to ask if there is parallel between germany's merkel and us in america?

this is a tomato you can track from farm, to pot, to jar, to table. and serve with confidence that it's safe. this is a diamond you can follow from mine to finger, and trust it never fell into the wrong hands. ♪ ♪ this is a shipment transferred two hundred times, transparently tracked from port to port. this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. yes or no? do you want the same tools and seamless experience across web and tablet? do you want $4.95 commissions for stocks, $0.50 options contracts? $1.50 futures contracts? what about a dedicated service team of trading specialists? did you say yes? good, then it's time for power e*trade. the platform, price and service that gives you the edge you need.

looks like we have a couple seconds left. let's do some card twirling twirling cards e*trade. the original place to invest online. stay at la quinta. where we're changing with stylish make-overs. then at your next meeting, set your seat height to its maximum level. bravo, tall meeting man. start winning today. book now at lq.com that's it. i'm calling kohler about their walk-in bath. start winning today. hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ snap ] the kohler walk-in bath features a low step-in at three inches. the bath fills and drains quickly. comes with fully adjustable hydrotherapy jets and our exclusive bubblemassage. we need this bath.

yes. yes you do. call and ask about saving $1,000 on your walk-in bath.

♪ lucy in the sky with diamonds ♪ stuart: i never thought we would play quote lucy in the sky" at 10:30 in the morning but we did. i love it. we're down 30 points on the dow. it is 10:30 eastern. a wednesday lunchtime. morning i have to say. i think we're getting numbers on oil. i think we're getting them. we're trying to find out how much oil we've got in storage. ashley: if i hear it correctly, down 5.9 million, is that right? that's it. >> because the price is up a buck 20. ashley: was supposed to be down almost two million. a much bigger drawdown in oil. opec meeting on friday. saudis saying we should start pumping more oil. perhaps iran, okay, maybe. you look at all of this, they're pumping more oil, maybe that will counteract some of the bigger draw down. stuart: we're up a buck 17 on price of oil. f you're drawing down five million barrels, using more.

you got it. back to the market because big tech is on a tear. will you look at this, amazon, all-time high. 1748. netflix, all-time high, 413. facebook moves above $200 a share. 201 right now to be precise. big tech is coming back forcefully. after 110 years general electric is out of the dow industrials. it will be replaced by walgreens on tuesday. walgreens up, ge down, $12 a share. moments ago we brought you the news that house speaker paul ryan says they will vote on immigration tomorrow. "axios" editor-in-chief nick johnson is with us. can you tell me which bill they're voting on? >> this is sitting while i've been sitting in this chair, stuart. there were two bills worked on earlier this week. paul ryan came out to talk to reporters ten minutes ago.

that is going to change. they will include some of the family separation provisions in the bill at the floor. i have not seen the text. that is the important thing. the devil is in the details. didn't have 218 in the house. stuart: that is very important. if there is some wording to take care of family separation at the border, that is a very, very big deal. but the question is, would that therefore, attract democrat votes? >> what are they going to attach it to? will they add dreamer provisions in there? will they add wall funding provisions in there? this is the tension happening in the senate already. like, don't talk about the house. the house republicans could probably get together to pass a bill. can they pass something that will get enough votes in the senate? until we see what they attach to it? no idea. stuart: in your opinion, i hate asking for your opinion, you're a fact based news guy, do the democrats want a immigration bill? >> i think both sides definitely want a immigration bill but you can not take politics out of this immigration.

immigration is incendiary topic. will each side back away, we'll do it clean, straight, just on this issue? that almost never happens on immigration. stuart: have you ever seen emotion like we've seen around the family separation issue as we've seen the last three or four days, ever seen that before. >> no. we wrote about it other day, called it a transcendent issue. i've been covering immigration since the bush administration. this cap suizes it. that is were we're seeing so much of the issue on both sides of the aisle. stuart: one more tore you. president trump is head nothing minnesota. he is going to duluth with a big rally. republicans think they can pick up a seat or two in minnesota. what is your judgment on that? >> i think that is certainly possible. i would say republicans have broader ambitions in minute south, not just for the midterm elections but trump's re-election. minnesota was a lot closer than we thought it would be in 2016. 45,000 votes. trump, i think around trump

campaign, republicans are saying look at those people who backed the president. it was pittsburgh, ohio, why can't we get those in minnesota. he is going to the northern part of the state, industrial part, instead of the southern part. stuart: i don't want to be silly about this, i didn't know there was any republicans in minute south. like california, a dying tribe? they're there? extraordinary. >> it's a big state. stuart: yes it is a big state. tell me again trump won, trump lost minnesota by what, 45,000 votes, that's isn't. >> 45,000 votes. there is industrial base in minnesota, particularly the northern part. those are former steel towns and mining manufacturing towns. undergoing transitions in the states trump surprisingly won, wisconsin, michigan, pennsylvania. there is opportunity outside of minneapolis-st. paul for trump republicans to make inroads. stuart: lots of things we never expected to see. minnesota going republican, never respected to see it.

nix johnson, "axios" guy. >> pleasure. stuart: stuart: news that a immigration bill voted on tomorrow. it is all happening. i will switch gears though. i will talk real estate. there is a plan to build the country's biggest mall, it will be near miami in florida. real estate deal editorial director is with us this morning and he is a real estate guy. can you explain to me why, when everybody seems to be walking away from shopping malls, they plan to build a huge mall near miami? >> i wish i had a explanation for you, stuart. stuart: you do? >> this is era of unprecedented growth in e-commerce. estimate says 70 million square feet will be available, vacant by end of this year. in the midst of all this mr. planning to build a 6.2 million square foot mall. i can't make sense of that. maybe you can. stuart: no, you have a reason. you know why they're doing it. you tell us. >> i have a feeling, this is

multicycle play. what they do, try to string out financing for a number of developers. they get state subsidies. they said they are not going to get them this time, they will not push for them. guess what? in new jersey, which is 16-year boondoggle, american dream mall, 16-year project, they got 1.1 billion in state financing. where is the money going? i think the playbook might be stringing together financing for the grand project, scale it back over time and opposition. everyone makes money in refinancing. there is ways to make money. stuart: fascinating. >> i think so. stuart: what you raised an interesting issue every day when i go home, i live in new jersey, go across the hudson river, there is that monstrosity staring me in the face. xanadu? >> it used to be called xanadu. governor christie called it the ugliest damn building he has ever seen. stuart: it is awful. >> a 16-year project. they initially said it would be something. 2,000 hotel rooms.

stuart: got billion one. >> 1.1 billion in new jersey state subsidies. stuart: think the mall near miami will eventually get all kinds of subsidies? >> they said we're not looking at public money. we'll finance this privately. look in five years, when the market maybe not in the same shape. maybe jobs are sort of, growth has slowed down they might be in a position of leverage to ask for financing. i think that is the play. i could be wrong. stuart: i got a suspicion though, i think you're right. they want to make it not just a retail shopping mall but experience with water packs around experiences? >> they might be on to something there. what happened, e-commerce crushed foot traffic. people that might spend $200 at a store, they need to offer movies, restaurants, entertainments. they switched ratio. used to be 70% retail but now

70% experiencal with hope people go to the stores. stuart: what goes on behind the scenes is fascinating. >> they're facing extension crisis retail developers. so they're trying things. in two years five years we'll see how it place out. stuart: we will. that was good stuff, young man. i like it. thank you very much. >> good. stuart: watch out. you might be back. amazon, now we cover that stock every single day, you have to because there is always something going on. by the way up 48% this calendar year. 48%. or either 12 months or this calendar. it is up 48%. 1750 is the price right now. however, i'm told by elizabeth that there are other stocks which have gained even more and they're big names too. liz: lack at macy's. retail ice age thawing? macy's up 55%. stuart: good lord. liz: dillard's posting solid

gains as well. when you look at retail stocks, up double digits in one month, shoe carnival, burlington. is this retail ice age we've been talking about so long finally thawing? because low income blue collar shoppers are out in force spending tax cut bonuses an wages seeing incomes going up? it is wild. double-digit returns in retail stocks is stunning. one month's time, shoe carnival up 27%. stuart: we have to stop playing organ music when ever we do retail story, death watch kind of thing. thank you, elizabeth. coming up, wild night on capitol hill. you're looking at congressman carlos curbelo getting into an altercation with a fellow member of congress, a democrat. about carlos being hispanic and a republican. he will explain what is going on in the next hour. strong stuff.

fox sports 1 jason whitlock and baseball maybe. my team isn't letting me talk world cup. ashley: come on. stuart: i will slip something in with jason whitlock. i know he likes soccer deep down. we'll be right back. ♪ brad's about to find out if his denture can cope with... a steak. luckily for him, he uses super poligrip. it helps give him 65% more chewing power. leaving brad to dig in and enjoy. super poligrip. you shouldn't be rushed into booking a hotel. with expedia's add-on advantage, booking a flight unlocks discounts on select hotels until the day you leave for your trip. add-on advantage. only when you book with expedia.

♪ ashley: former congressman jason chaffetz said last hour that the story of the inspector general report is far from over. now that there is a investigation into potential bias by fbi agents like peter struck. >> why didn't he lose his security clearance? for a lot of these people, if you lose your security clearance you lose your job. you can't work at the fbi. i do think they have gone through the process with the office of professional responsibility. that is playing itself out. but most important out of this hearing is the second half of what the inspector general is doing, and that is they're looking at did they, these agents and these attorneys, did they take their animus for the president and put it into action and do some things? that is where this is going and why ultimately these people may end up in handcuffs. ♪ at the lowest price...

is as easy as dates, deals, done! simply enter your destination and dates... and see all the hotels for your stay! tripadvisor searches over 200 booking sites... to show you the lowest prices... so you can get the best deal on the right hotel for you. dates, deals, done! tripadvisor. visit tripadvisor.com

stuart: when the market opened, we were up 100. now one hour and 15 minutes later, we are down 38, 24,662. philadelphia eagles defensive end michael bennet says the nfl anthem policy, quote, we don't have to take a knee. we just have to work in our communities. jason whitlock with us, ""speak for"speak for yourself" host.

jason that sounds like a bit of a thank you in the an them movement. >> thaw. it sounds like a bit of common sense. come mom of -- common sense is, i hope that is a shine that nfl players are waking up, it is about the work you do in your community. that is where the real impact is. the gestures which were so controversial and so polarizing and created a conversation about the national anthem, not the alleged issues that they were talking about. so to me it just sounds like common sense is finally winning the day and these athletes are removing themselves from doing something inappropriate and non-productive, self-destructive and finally moving in a positive direction. stuart: do you think it will pick up some steam, jason? we all want a good season for the nfl. it's a great sport.

football is a terrific sport. we want things to get back to a real good season. do you think we'll get there? is this a good sign? >> i think it's a very good sign, and i think it was inevitable. i think nfl ownership and other players behind the scenes, have been explaining to people that what these athletes did, colin kaepernick, started, was non-strategic, not well-thought out. it was an emotional decision and then it just spun out of control and was actually hurting the nfl and eventually was going to hurt the bottom line for nfl players. it just wasn't the right move. and for all of this benefit of allegedly creating a conversation, the conversation they created was about the national anthem, not police brutality. so i think eventually the truth is going to win out here, and the players are going to direct

their activities as players and as activists in a more healthy direction. stuart: attendance at major league baseball games, it has dropped, i think 6.6% from this time last year. not sure about tv ratings. i don't know what happened there what does that mean, a decline of attendance in over 6%? >> major league baseball made some interesting decisions at the beginning of the year. one to start the season a week early. then they have been caught by bad weather. our climate has changed a bit in terms of when we experience the most rain. a lot of that happens in may now, more than in april. and so i think there have already been 37 postponements in major league baseball. there were only 39 total all of last year. so i will not overreact right now to the attendance drop. let's see what happens in july and august. baseball is still a very good game. best enjoyed in person while

eating a hot dog, drinking a beer. stuart: whatever you say. whatever you say. we have to talk world cup. get on with it. let's talk world cup. have you been watching? >> absolutely. renaldo already scored four goals. how could i not be watching? he is having greatest world cup ever. putting a lot of pressure on messi. it is clear renaldo is best player in the world by far. messi has work to do to keep pace. stuart: what do you know about football, socker? >> i know a lot about football. you would be shocked. i was a beast in little league recess when i was in grade school. i was a great soccer player at recess, tremendous. stuart: i think this has been one of the greatest soccer tournaments in many, many years. the world cup produced truly spectacular games. have you been enjoying it really? >> absolutely. what is not to enjoy? it is great for fs1 to have the

games on fs1 and fox. we've been talking about it. i can't believe you're not asking me about landon donovan's comments, he is the face of american soccer, he says he is rooting for mexico during the world cup. i don't blame him, but a lot of his former teammates very upset. these rivalries in soccer are like none other. maybe more passionate than american football and basketball. i can't believe you didn't ask me about that, varney? stuart: whitlock, next time i will, all right? i will be watching you tonight. i like the shoutouts you occasionally -- >> i will shoutout to you again. stuart: i'll be watching. great stuff. thank you very much. coming up a new report, dubai, dubai real estate to be precise, has been used for money land iring, war profit tears and drug dealers, have been using it to for their assets. i didn't know that. we have a author of the report next.

♪ man: i got scar tissue there.

same thing with any dent or dings on this truck. they all got a story about what happened to 'em. man 2: it was raining, there was only one way out. i could feel the barb wire was just digging into the paint. man: two bulls were fighting, (thud) bam hit the truck. try explaining that to your insurance company. woman: another ding, another scratch. it'll just be another chapter in the story. every scar tells a story, and you can tell a lot more stories when your truck is a chevy silverado. the most dependable, longest-lasting, full-size pickups on the road. our phones are more than just phones.up!

they're pocket-sized personal trainers. last minute gift finders. [phone voice] destination ahead. and discoverers of new places. it's the internet in your hand. that's why xfinity mobile can be included with xfinity internet which could save you $400 or more a year. it's a new kind of network designed to save you money. click, call, or visit a store today.

stuart: dubai is a close ally of our country. its real estate market reportedly has become a haven for money laundering. joining us lieutenant colonel david johnson with the center for ad answered defense studies. you believe wrote this report. sir, let me step back for a second. i think dubai is modern outpost in the middle east and a home for a fleet of united states navy. now you're telling me it's a home for money laundering. make your case. spell it out for me, please. >> good morning, stuart. i'm the director of the center, not the author of the report. dubai was one of the places we looked at because we had access to a particular data set. in fact, the key thing is, as you pointed out earlier in this, today, there is a lot of things going on behind the scenes in real estate, with the u.n. estimating $2.1 trillion in the

illicit economy, up to a third of a in real estate, we chose to look at dubai where we had a useful data set. we were able to look, prove, show, with seven different case studies, things ranging from nuclear proliferation to narcotics trafficking, to syrian fuel smuggling. these were done by already sanctioned individuals. what we came up with were three key take ways. the first is that whenever you have a opaque luxury real estate market with lax regulatory control you're actually making a choice to support official corruption, transnational crime and political violence. it wasn't dubai necessarily -- stuart: what is your reputation? what's your recommendation? >> our recommendation is, with luxury real estate markets we need to do three basic things. first, like in the bank

industry, should know your customer for real estate agents, those kinds of things. next you should have consistent, regular enforcement. in the u.s. the financial crimes enforcement network puts out geographic targeting orders that describe what should be done in real estate but they're not always effectively enforced. and finally beneficial ownership. you need to know who is purchasing the property, the person, not the shell company. stuart: as it relates to me, how does it relate to america? so dubai is hotbed for money laundering. what about me and america. i've got 30 seconds left i'm afraid. go. >> dubai and any of those hotbeds or hubs around the world can be shut down by regulates to. in fact we at cads. or transparency international are able to find these things. so can regulators. what it does to you literally fund the terrorists next door. all the bad actors in the world.

stuart: we'll do something about it. flat-out of time. hard break. here it is. more "varney" after this. about your retirement savings. talk with your advisor about shield annuities from brighthouse financial- established by metlife. i'm a small business, but i have... big dreams... and big plans. so how do i make the efforts of 8 employees... feel like 50? .. e-file? e-file? virtual tours? zip-file? really big files? in seconds, not minutes... just like that. like everything... the answer is simple. i'll do what i've always done... dream more, dream faster, and above all... now, i'll dream gig. now more businesses, in more places, can afford to dream gig.

comcast, building america's largest gig-speed network.

stuart: i'm going to say it again. the wild success of the term growth agenda is not getting the attention it deserves. and we all know why. it is a trump success in the trump hating media just can't bear to report it, but we will. two fresh items this morning. number one, after 18 months, the trump economy has taken to .2 million people a food stamps. the numbers are down to an eight-year low. social security disability coming way down. 1.5 million the lowest in 15 years. a very positive economic signal. this is a standout economy appeared at risk of sounding

like a broken record all go through the positives again. you don't hear this on the evening news and you certainly don't read it in the hate filled "washington post" or most other newspapers. economic growth of 4% right now. that's been a long time. unemployment 3.8%, a generational low. black and hispanic unemployment rates at all-time lows. wages rising fast still in the immediate future. median household income of $2000 in the 10 month and rising. homeowners have an extra $10,000 in equity in their homes. it's a long, long list. you've heard a lot about how the trade dispute will hurt us. stay there, please. we have news on that. president trump economic adviser will spell it out at the third hour of "varney & company" rolls

on. take a look at this headline from "the wall street journal." white house is confident it has an edge over china in the trade dispute. kevin hasek, chair of the white house economic advisers. your point all along has been that our economy is so strong that it can withstand terrorist between china and the united states. that is your point, the reason we stay with the hard-line from president trump. >> going back to the election that you carried very often on your show that we got really shafted by previous trade deals. and we studied it and concluded in the most recent year we have data that the chinese have stolen more than $100 billion worth of intellectual property

in the u.s. trade representative actually came in at a much lower number. conservatively estimate was 50 billion then retaliation the president in order to get them to stop stealing stuff. they showed it at that point said we are even. now let's negotiate. instead they retal in the president of the nt. in that kind of the game with china, we do have the upper hand. turning to kevin, we always talk about the tariff on one side or the other. the objective is to get them to stop stealing our intellectual property. give us some news on that. and they agree to anything to stop stealing intellectual property? >> our hope is that has a happy end in another headline shows how effective the president negotiating tactics are that you might've seen the european out of makers. they advised the e.u. and those

are 10% right now. president trump wrote the art of the deal. his job is to make the world a better place. even a hurry to do that. he will not wait until the wto pioneers somehow fixes it. he's taking strong measures to get a leverage of negotiations and restart the vessel under leverage payoff. >> at this moment it is threats from both sides. president trump has threatened 10% tariff on $2 billion worth of chinese products coming here in china has threatened to impose reciprocal tariffs of their own appeared at the moment, it is threats. that is there. >> there are some things in place in some written to be done in the future will take a process for recovery comment. and so on. the president is here as he wants to make the deal is better for american workers. in the beginning you mention a whole bunch of good economic

news. that is a really covered and was incredible and was repatriated in the first order this year by u.s. firms because they are allowed to create jobs. it was the biggest repatriation on record. $3 billion came back. a ton of money overseas and the new tax law made them bring it back albeit at a lower tax rate. is that $300 billion? >> yeah, that's part of it, but it was everybody. there were no manufacturing jobs and capital formation was negative. everybody was investing abroad. they dropped more than 400 billion. u.s. firms that use to build factories overseas, and they stopped in their tracks because of the tax bill. they bring all the money home and you wonder why the economic data looks so good because we

fixed that thing. that's given us a strong economy and the's some uncertainty about how trade negotiations will work out. the fact is europeans now admit it's a better vision than the one he inherited in our hope is this will all work out well in the end. tree into some in europe. >> part of our trade deficit. kevin hasek, tina mike for joining us. charles payne is with us. am i right this is a riproaring economy and we can absorb tariffs if they're imposed by china? >> absolutely 100%. the message articulated out there instead of raising the white flag. they believe an old-school conservative and some don't believe they want to see them do it. a lot of them are bracing for

whatever it takes because they understand how unfair the whole system has been paired data within the elderly, southern manufacturing jobs go away. a lot of other disturbing things. tree into a thin end of an era when ge goes out of the dow industrials. that makes me think the industrial era -- >> the landscape has changed. we are in fact a technology company. my going too far? >> a little bit. the technology has to be built companies to be made. ge is really more of a cautionary tale of a company running very poorly and never recognize jeff air malta hanging out with barack obama and pushing policies that would hurt all corporations just did a terrible job. this stock in august before he left with a $59 stock. by 2007 a rally back to 41.

just in 2016 the high was 31 bucks. you can see a completely falling apart as the overall market and economy was going well. there were red flags all along the way. they went to france to buy a company that crushes coal. they made overtures. they promised they wouldn't fire people. it's just a really weird, interesting way that wasn't working out for them. all the business and fossil fuels with crude oil coming down in all the financial exposure. they never worked very around it. stuart: uni in many of our viewers couldn't believe it. for generations, ge is so solid. liz: 1907. stuart: gas. don't forget to watch charles payne. the show is called making money with charles payne. 6:00 p.m. eastern on the fox business network.

president trump heading to minnesota later today. he wants to turn deep blue minnesota read. they might just do it. you can see in the fox business network, 7:30 is when it starts. 20 minutes from now, the president meets with congress to talk about dte. one topic that will surely come up, immigration. paul ryan says the house will vote tomorrow on immigration and we have this -- this is important. fox news john roberts reporting president trump is considering taking executive action that would allow children to stay with their detained immigrant parents. that is big. from the white house. john roberts right there. this topic highly emotional. the president tackled on capitol hill last night. they screamed at him quite

frankly. right at him. unbelievable. congressman carlos curbelo, a florida republican got into a shouting match with the democrats. 11:30 this morning. how do you win at business? stay at laquinta. where we're changing with contemporary make-overs. then, use the ultimate power handshake, the upper hander with a double palm grab. who has the upper hand now? start winning today. book now at lq.com.

stuart: breaking news is important. fox news john roberts reporting president trump is considering, i repeat considering taking executive action that would allow children to stay with detained parents. question, is that a retreat for the president? train for it is a correct

retreat. it is immoral to separate 3300 miners from their parents. we're talking about publish ultras in texas taking them in. it's wrong. peter king doesn't like it could business roundtable and banks don't like it. so letting children stay together with their parents in detention centers run by homeland security. not criminal justice detention centers where they were separated. ashley: the pressure is being building now from only critics and opponents both from within his own party. this is a movie has to make. stuart: some comment on this from nigel for roche. in new york on that very day. listening to this breaking news. you are all about immigration. that is what you do. and now we have the president under great pressure. i understand the problems. it doesn't look good. he will say we are not

retreating one bit on being tough coming into america. did the criticism will cease. it's the smart thing to do. feeling the great pressure. immigration and asylum policy to be determined at the brussels european union level. increasingly, governments in hungary, italy and elsewhere are saying we want things done at a national level. a new rebel party in germany. near 20% of the polls. massive pressure in the bavarian conservatives with elections coming up in october. frankly, unless merkel backs down completely of what she said three years ago, mushy backs down completely, shall be gone before the end of the summer.

>> what about a parallel with the united states? they are already 50,000 arrests per month in the last three months. emigration is reshaping politics all over the western world. without campaigning on this issue. trump to a very large extent got a lot of people out there dealing with legal and illegal immigration into america. he needs to build the wall. that's going to take a little bit of time. humanitarian so you've got to let them in. the united states of america. >> in europe since 2014, 1000 people killed or maimed by people claiming they are coming into europe. if that's not a lesson you've got to be careful who you let in. i don't know what is.

>> when you've got this crush at our southern border come you've got the debate. let them in. who wins politically on that? do you think american sentiment is humanitarian, let them in, we'll take care of them. >> that's what most people in congress thing. you go out into middle america and you speak to people and they've had enough of weak immigration policies concerned about security, concerned about terrorism and a trumpet that a president that speaks for them. he must not weaken on immigration. if he does, you'll find midterms that will not be as good as he needs. he's got to stay tough. stuart: america withdraws from the u.n. human rights council. >> i love it. you know, the whole thing is, overpaid, hypocrites. i'm not council by regimes to

behave appallingly. they are deeply prejudiced against israel and its about time somebody called out the u.n. i love it. >> you watch this program. >> i am allowed on the bbc. should we say they're very scary. stuart: glad to see you, nigel for roche. thank you, sir. $12.76 keeps edging down. 6000 bucks. it's not moving much recently. check the price of oil on the upside. they draw down of oil, using a lot of it in the price went up 74. sixty-five dollars a barrel.

gas, good news there, $2.87 as your average down a penny from yesterday. check out this beauty treat from hillary clinton. what is happening to them is that the border right now. a humanitarian crisis. every parent who's ever held a child in her arms, every human being should be outraged. there is a problem with that. back in 2014 when she was getting ready to run for the president, she argued children of illegal immigrants are not entitled to stay in america. we've got it on tape and you will hear it. a conservative trump supporting movie director. i'm going to ask you, how does he survive? he is with us today. ♪ ♪

you shouldn't be rushed into booking a hotel. with expedia's add-on advantage, booking a flight unlocks discounts on select hotels until the day you leave for your trip. add-on advantage. only when you book with expedia.

add-on advantage. used for batteries frome teexpired oil wells. mgx's new - pilot plant aims to produce lithium-carbonate one hundred times faster than from conventional lithium brine. mgx minerals retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store

near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. stuart: president trump goes to duluth, minnesota for a big rally. connell mcshane is there for us. come on, what is the president doing in a democratic state like

minnesota? >> well, it's interesting, stuart. minnesota has been over the years. 28 team. here in st. louis county until he quit and did witness counted by double digits in the last presidential election. the president's very popular and you want to hear 15 points in the pickup turning blue to red. you don't hear that. so how are they going to do it? more than anything, the big issue seems to be traded. talking to farmers in iowa couple week ago. some concern about the president's trade policy. here is just the opposite. excitement if anything. take a listen. >> i think you have to have a level playing field. other countries don't get paid the way we get paid over here either. somehow got a level playing field and tariffs is a good way to do it.

>> a live look at the port of duluth. that is the economic engine that really drives this area were of the business comes then. more of the products being shipped in here will be american-made. the president will meet with some of these workers later today before holding the rally this evening. stuart: connell, thank you indeed. we will run at 7:30 eastern time. florida republican congressman carlos curbelo got into a verbal confrontation and is shouting at the present name. he is going to join us in just a moment. if ms moment. a few minutes from now, the president will meet with members of congress who remember how john roberts is reporting the president is considering executive action on children at the border. the markets are pretty flat, slightly lower on the dow.

♪

stuart: it is happening now. important stuff.

president trump meeting with lawmakers at the white house. expected to talk about immigration. i've got tell you this. a risk of sounding like a broken record. our own john roberts from the white house the president trump is considering an executive action that would allow my great parents to stay with their children. if we get any headlines, you'll get them fast. dow 30 shows a loss of industrials down slightly this morning. split between winners and losers. something would say that's the end of the industrial era. maybe that's gone a bit far. walgreens is up $12 a share. german automaker support the idea of ending all import tariffs because between the european union and the united states of america. that's an interesting move towards president trump's position on tariffs. disney raising its offer for fox

assets. $70 billion of their combined cash and stock offerings. comcast also wants the asset. starbucks is closing 150 underperforming stores. the stock is taking away down. five bucks lower at 8%. phil murphy wants to spend millions of dollars of taxpayer money to provide legal assistance to illegal immigrants who can't afford lawyers. all rights, judge napolitano is here. live in the great state of new jersey. >> a little bit of background. someone is arrested and charged, federal government will pay for it. the states pay for it. not so with illegal immigration. if you're in the country illegally and the government about to deport you and you can't afford a lawyer, you

weren't around unless one of these various groups provide lawyers can come along. who comes along now? the government for new jersey who has the space california does, which it does not. already in the red and he wants to add to its tax burden by dedicating millions of dollars to pay lawyers to represent illegal immigrants who happen to be arrested in new jersey. they have no connection to new jersey. >> does he have to change the law to make the switch? >> yes. as the democratic legislature, which is not nearly as far left as he is, the two thirds democratic in both houses of legislation. they can make democrats like conservative republicans. >> i would love to talk about this. i know which are like when something affects your

pocketbook. >> point taken. peter strzok escorted from the building on friday, months after it was discovered the sky was brilliantly anti-trump. why did it take so long? it's not a basis for firing an fbi agent and may be from one assignment to another which we know happened to him twice. he was removed from intelligence to h.r. why does her move to outside the building, we don't know. he goes from virtually running a big part of the mueller team. then he goes into the team or maybe the other way around, into the hillary clinton investigation.

he's still in his office. as a government employee, he doesn't have civil service protection for the high-ranking position but he does for the baseline is an fbi agent. he can only be fired for cause. can't be his political views. drink you don't have to fire him to get him out of his office so he can't touch the computer. stuart: is there evidence he's committing crimes? stuart: i don't care. you have an obvious problem with this employee. he's in hot water. i don't see where you can't take them out of the building to let the union deal with that later. >> it's not a union. my god the fbi is not union. >> i can imagine the fbi. but he said the union comment. yes statutory protection for his speech no matter how hateful it will be. stuart: i'm sorry about that.

>> can i be fired from a speech? something more important. a wild night on capitol hill. all kinds of things going on. a woman screamed f. you write a president trump. what you look at now go right in the president's face and shouted right out of them. democrat congressman also got into a verbal confrontation with the republican congressman, carlos curbelo. roll that tape, please. >> you haven't helped us out on this at all. >> i wish he would have been upset with the obama administration. >> we were doing this. you know that. that's what's wrong. stuart: carlos curbelo, republican from florida joins us now. welcome to the program. good to have you with us.

>> good morning. good to be with you. stuart: without the nitty-gritty of the confrontation, it seems to me a book he nodded that the hispanic caucus says you cannot be in the hispanic caucus. you as an hispanic cannot be a republican. you as an hispanic cannot support a president trump. am i right? >> that's exactly right regrettably. the caucus and members like mr. vargas believe in the segregation of the hispanic community, believe in holding his bigoted views or if you don't agree on every issue you're simply excluded. yesterday he was rude and by the way, because of people like that, we've not gotten immigration reform done in this place after 13 years of debate. a lot of people like to use this issue for personal political gain. a lot of people enjoy the politics of immigration, but they don't really enjoy the solution for immigration. we are focused on solution for

immigration. we do want help the tumor population. we also want to secure the border can reform the visa system and of course address the issue of children being separated from parents at the border. we are working for solutions that are making a noise that they've always made with nothing to show for it. >> i want your comment fleas on a developing news story which we are picking up from the white house and current john roberts white house correspondent. president trump is considering executive action that would keep parents and children together on the border. i take it you approve of that at the would've been the case. >> i certainly do. we know we can fix that issue legislatively, but obviously the executive has the authority to move on this immediately. i think attorney general sessions made a reckless decision by proceeding to prosecute and requiring the children to be separated from

their white house will reverse. in the meantime in congress. make sure we strengthen our asylum laws so that they are not abused, but also available to people who are really fleeing some type of persecution. stuart: we understand paul graham has been saying the house is going to vote tomorrow on immigration. we don't know what's in the bill that will be voted on. do you? >> certainly because they help negotiate this bill. we have strong border security, permanent solution for 1.8 million young immigrants back to the country's children. we reform our visa system so it's better aligned with our economy and how people come to the united states legally. people willing and able to work and to contribute. there's a lot in this bill and to vote against the bill is a vote in favor of the status quo in the immigration system.

human traffickers, drug traffickers at the border. the issue of uncertainty for the daca population. if you oppose this bill come you're essentially in favor of that in the status quo most americans would agree is unacceptable when it comes to immigration. >> republican, florida, thanks for joining us. hillary clinton joining the bandwagon. back in 2014 when ms. clinton was prepared to run, she argued children of illegal immigrants are not entitled to stay in the united states. you'll hear it yourself next. how can we say when you book direct at choicehotels.com you always get the lowest price on our rooms, guaranteed? let's say it in a really low voice. carl?

lowest price, guaranteed. just stick with badda book. badda boom. book now at choicehotels.com when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. fidelity. that's it. i'm calling kohler about their walk-in bath. nah. not gonna happen. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] hmm. the kohler walk-in bath features an extra-wide opening and a low step-in at three inches, which is 25 to 60% lower than some leading competitors. the bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. kohler is an expert in bathing, so you can count on a deep soaking experience. are you seeing this? the kohler walk-in bath comes with fully adjustable hydrotherapy jets

and our exclusive bubblemassage. everything is installed in as little as a day by a kohler-certified installer. and it's made by kohler- america's leading plumbing brand. we need this bath. yes. yes you do. a kohler walk-in bath provides independence with peace of mind. call and ask about saving $1000 on your walk-in bath, or visit kohlerwalkinbath.com for more info. >> i am nicole petallides victor fox business break. your personal private information may have been compromised in the back verizon, at&t and sprint now plan to cost data providers after the customer's location was revealed. your location to some of the other groups. the market for shops and also credit card fraud that there was

actually one citing "the new york times" reported that the corrections officers were monitoring without a court order. after that, they're going to cut that off them and their work and will take some time. the emergency roadside assistance. strong chemo can put you at risk of serious infection, which could lead to hospitalizations. in a key study, neulasta reduced the risk of infection from 17% to 1%, a 94% decrease. applied the day of chemo, neulasta onpro is designed to deliver neulasta the next day, so you can stay home. neulasta is for certain cancer patients receiving strong chemotherapy. do not take neulasta if you're allergic to neulasta or neupogen (filgrastim). ruptured spleen, sometimes fatal as well as serious lung problems,

allergic reactions, kidney injuries, and capillary leak syndrome have occurred. report abdominal or shoulder tip pain, trouble breathing or allergic reactions to your doctor right away. in patients with sickle cell disorders, serious, sometimes fatal crises can occur. the most common side effect is bone and muscle ache. so why go back there? if you'd rather be home, ask your doctor about neulasta onpro.

>> we have to send a clear message just because your child gets across the border, that doesn't mean the child get to stay. we don't want to send a message that is contrary to our laws or will encourage more to make the dangerous journey. stuart: that was then. responding to a question on immigration back in 2014. look what she is tweeting now. one that turns them as a bar, turns a blind eye to women fleeing domestic violence and treats frightened children as a means to a political end. kitty mcinerney is with us. only the commentary to you. go. >> calcareous. hillary hypocrisy like we haven't seen that before. democrats care about borders when they are running for election, when they exit the primary after they cater to the far left base and they get empowered in a change in a criticize the in a criticized the president for enforcing the law, many of which they put on

the books. hillary stopped grandstanding, fixes now in the halls of congress. ashley: think the democrats won the issue of separating families at the border. but things are you've heard, general roberts and president trump will use executive action to stop the separation of families. he's under tremendous pressure because of the democrats winning this issue. >> this is up to congress to fix. i know the news breaking about the executive action and i could drive challenge from the courts because it's something that should be stopped by congress. it could be a temporary fix but will ultimately be stopped by courts. democrats have to fix this they been going around line, showing pictures from obama era detention facilities and blaming it on president trump. these facilities were started under president obama. policies have not changed. democrats are making arguments

using false pictures, false images, false stories. stuart: the congressional democrat campaign brought in $11 million in the month of may. that's a lot of money. can you match that? >> yes, 14.6 million in may. a dnc counterparts hide their fundraising numbers and routinely underrated us. they are flailing as we grow. we've almost reached the 200 million mark total fundraising dollars. 46 million cash on hand. our chairwoman are unstoppable when it comes to fundraising. we are confident. stuart: the president speaks in duluth tonight. i'm told there is a shot at least of the republican party picking up a seat or two. a house seat or two in minnesota. that came as a shock to me. >> in minnesota the president could take in 2020 over 40,000

votes. they have record though african-american unemployment, 17 year will prepare this president ford. >> are you going with the president tonight? >> not tonight but i'll be watching from afar and cheering him on. stuart: watch on the fox business network starting at 7:30 tonight. >> i'll do it. i'll be there. stuart: thanks for joining us. the president speaking in minnesota. coming up next, hollywood direct there. not only is he a a conservative coming as a trump supporter. he's with us. i want to know, did he work anymore? ♪

with tripadvisor, finding your perfect hotel at the lowest price... is as easy as dates, deals, done! simply enter your destination and dates...

and see all the hotels for your stay! tripadvisor searches over 200 booking sites... to show you the lowest prices... so you can get the best deal on the right hotel for you. dates, deals, done! tripadvisor. visit tripadvisor.com

stuart: president trump holding a meeting with congresspeople about immigration. getting headlights from it. he will be signing something preemptive shortly on immigration. the president hopes his measure will be matched with legislation. as a follow-up to that, john roberts reporting the president will sign an executive or take executive action to keep

families together at the border. that is happening right now. the hollywood director is a supporter of president trump in his name is rodney starbuck and he joins us now. i've never met anybody like you. hollywood direct or, trump supporter and conservative. what are you doing here? seriously, i can't imagine what it like to be someone like you tried to get work in hollywood. what's it like? >> i'm happy to be here, stuart. it is quite an experience. i'm what i would call a double unicorn because in hollywood, nobody sees conservatives and when you tell someone you are one, and jaws drop. when you come to d.c. to be of service to the white house, you meet people in the process and to figure out what to do and where you live in their jobs. you get the unicorn effect twice. it's fun. stuart: do you get work?

are you turned down? >> i do get work. when i made the decision to come out, and you're there with decent negative feed rack, but i was of the mind that stuff didn't matter. the same thing as the people who lost friends during the election. i knew whatever i lost her again in a different area and have a positive outlook. from that experience is met all of these amazing people including the trump family who has been overwhelmingly welcoming. they want a different republican party open to everybody. stuart: what is going on with you and natalie portman? you work with her, director to choose liberal, critical of trump. what's going on between you? >> of direct that her before. she made some negative comments about jared kushner. they went to school together. don junior and i were talking about this last night actually.

it's sad what she's seen happen during the selection process from pre-election two after posed. you saw this insane reaction for people who have been friends a long time. natalie and jared had been friends for a long time and suddenly when there's a political party that this person doesn't like, all of a sudden you're the plague. that is something that is hurting the dialogue between everybody. we have such a great country in so many things when they come and work together, but this rhetoric is why we're not doing the job working together. stuart: i know when you leave her studio in washington d.c., you're going straight up into the white house. what is happening this afternoon for you? >> a few things. working with dr. darrell scott to put together a summit at the white house to introduce the president to more diverse ideas

from iran community of conservatives as we see a new republican party because we don't look like your grandparents republican party anymore. there's people like me who don't traditionally look like republicans. they are republicans. introducing to some of those different things and how we can support the president with his policies and give him the same advantage democrats have. they haven't a vintage built-in and they've got hollywood. it helps them sell policies. stuart: look, a real pleasure having you on the show. i've never met anybody like you before. if you want to come up to new york and sit on the sofa with me, we'll do the show. good stuff, robbie. good luck this afternoon. >> recommit you, stuart. have a great day. stuart: yes, here we go. more "varney" after this. ♪

everything for his well-being. but meningitis b progresses quickly and can be fatal, sometimes within 24 hours. while meningitis b is uncommon, about 1 in 10 infected will die. like millions of others, your teen may not be vaccinated against meningitis b. meningitis b strikes quickly. be quick to talk to your teen's doctor about a meningitis b vaccine. you shouldn't be rushed into booking a hotel. with expedia's add-on advantage, booking a flight unlocks discounts on select hotels until the day you leave for your trip. . .

stuart: this breaking news and then some. here we go. president trump says he will be signing something preemptive shortly on immigration. and the president says hopes this measure will be matched with legislation. he also says he will need democrat support on this. ashley: that is interesting. the ball is permanently in his court. the pressure has been building, stu. he has to take action, so he takes action. if he doesn't get democrat support after taking that action, then all of sudden the narrative from the democrats is very hollow. now you're calling them out, okay, support this legislation. we'll take care of this separation issue and all other issues that come along with the immigration bill. stuart: john roberts reports that the president will take executive action to keep families together at border. that is executive action. that to be matched with legislation. that legislation will include build the wall, border security,

new system for immigration. >> no chain. stuart: no my phrase. will the democrats sign on toe that? liz: i don't think they will. executive action would be separate from the legislation they're considering. i don't know if house democrats go for it. stuart: then they look bad. if they get the families to stay together. the families make sure they stay together with executive action, why would they then turn down a comprehensive immigration and look bad? >> grant possible citizenship to 1.8 million dreamers. liz: over and beyond what was talked about. the president went above with 1.8 million. it was 1.3. then went to 1.8. stuart: we don't know the number in the legislation. i think you can say that the president has seized the political initiative by fixing the parent separation problem. >> which they started. now he is trying -- stuart: throwing the ball into the democrats court are they -- liz: will you do it now?

stuart: fascinating. liz: this is the problem that has been out there for decades. stuart: i think you will agree it's a good thing to keep families together. liz: i do. stuart: well-said. well-done. our time is up. but, neil, sir, it yours. neil: stuart, thank you very, very much. there is powwow going on in the white house. we're trying to keep pays what the president is telling lawmakers, whether a lot happens on immigration front. whether he will move on his own to take executive action t could be a executive memoranda or executive order. there is big legal distinctions. the president apparently will try to get ahead of this, because republicans fear they are getting swamped by this. blake burman with more. reporter: i had a white house official sort of pitch me on the argument how they think this debate over separating children from their parents at the southern border, in some cases, how the white house felt, at least this one person's opinion yesterday, that they could take this argument to the rest of