and forth. different viewpoints on some things. stuart: not much. fairly free market. open up the states kind of guy. >> you are in? stuart: in the same vein. i think our time is up. see what david asman can do. what have you got, david. david: i congratulate larry kudlow. he is a great guy. welcome to "cavuto: coast to coast." i'm david asman in for neil. happy presidents' day. the markets are closed, news is coming at us fast and furious. an investigation is showing beijing spread misinformation about covid, more than we ever knew it did. how will the u.s. spend to that? we'll dig into it.

an arctic blast rolling through texas, causing rolling blackouts, spiking oil prices. we have a live report on that. in california an effort is underway to recall governor gavin newsom. it is getting a lot more support now. i will talk to an an official at the center of the recall effort. ann dunsmore, rescue california 2021 group. she will be here momentarily. first the top story, china's role in covid-19. a nine-month investigation showed china played a lead role spreading misinformation and conspiracies about the deadly virus. fox news correspondent benjamin hall with all the details. hi, benjamin. reporter: david, this is a damning investigation, and it lays bare the true extent of weaponnization of china used about misinformation about the covid pandemic. taking these stories from the dark corners of the web, spreading them to millions of people around the world, using social media platforms as well

as traditional media alike. this new report by the atlantic council shows how the chinese government were and are actively engaged in spreading widespread covid disinformation, including a rumor that it was the u.s. who created covid. chinese diplomats and missions around the world also helped with this they used their state media to amplify it. the chinese misinformation continued own ground. w.h.o. organization finished a two week investigation described it as ink tense. the outbreak in wuhan was widerrer than previously thought. china refused to share information about house thousands of brad bank samples. they were only given secondhand knowledge evaluated by cheese. jake sullivan said we have deep concerns the way early findings

of covid-19 were communicated and questions about the process used to reach them. it is imperative this report be independent with expert findings free from intervention or alteration by the chinese government. president biden will have his first meeting with the g7 leaders this friday. it will be virtual. among key topics, covid, the world economy and countering an ever more aggressive china. david? david: benjamin, thank you very much. how does the biden administration balance working with china panned punishing china for its role in the virus? joining me china analyst gordon chang. ford done, the fact that the bide biden-harrissen administration reopened working with world health organization. that facts china gave us were completely fraud lent about its role with covid. why would we encourage china by bringing in their propaganda machine at w.h.o.? >> yeah.

i think that decision on the part of the biden administration to rejoin the world health organization that is just hideous because we got to remember that w.h.o. was not discuss you know, propagating china's lines, it was doing so when it knew what china was saying was false. w.h.o. doctors knew that coronavirus was highly contagious and yet the w.h.o. in a january 9th statement and january 14th tweet told the world it was not contagious. and that lulled public health officials around the world into not taking precautions. that is not the only thing w.h.o. did. we could talk about it for hours. that shows you how corrupted the organization is. david: the main thing china did and has not paid any price for it and i suspect it won't during this ad administration in spreading the virus. it is clear what happened right after we all realized how

dangerous this virus was, is that they allowed people from wuhan to go to the united states, to go to europe, spreading the virus when at the same time they were preventing people from wuhan going to other parts of china. >> yes. when you put that together with lying about the contagiousness of the disease you can come to only one conclusion. that is xi xinping, the chinese ruler, deliberately spread this disease beyond china's borders and that makes the 2.4 million deaths mass murder. david: when you add that with what they're doing to their people at home, with what they have done to our business community, in terms of outright theft of intellectual property and other properties as well why would you think working with them. what deal that we could strike with china at this point would be worth the paper it is printed

on? snarl i don't think we canp sign a deal with the chinese because of inherent hostility of the chinese regime. trump came to the phase one deal on january 15th last year. it was real easy for china who honor its terms. they only bought 58% of goods they promised to buy last year. that is an indication that china doesn't honor promises. i don't see how we come to them on anything, whether it is climate change or pandemic cooperation, whatever. and believe that china would actually honor its obligations. david: yet their power and their world influence continues to grow. they were the only industrialized nation in the world to have a growing economy in 2020 during the heart of the pandemic. again leading to suspicion they knew exactly what they were doing spreading the virus to others as they were containing it at home. they continue to have exploits in the south china sea and they

very well might make an attempt taking over taiwan, right? >> yes. what we have seen with the very hostile chinese air manueverrers through taiwan's air defense identification zone are really cause for concern. we also should look at what happened on january 23 when china's nuclear capable h-6-k bombers practiced an attack on our theodore roosevelt strike group in the south of china sea. that was part of hostile manueverrers against taiwan this is warning to the biden administration, a warning to taiwan and regional international system as a whole that china tends to change borders by force. it is doing that in the rest of india, in ladoc, we're seeing this in the south china sea and the east china sea. this is china pushing out against all of its neighbors. david: gordon, i remember a video after chinese official bragging about the fact he essentially owned u.s.

politicians and owned u.s. influence makers. you think of what happened with swalwell. you think what happened with the president's family, with the biden family and the way that the chinese lured them into business deals, may not have taken that much to do it but clearly there is the possibility of compromise there as well. i assume if it could happen with the biden family, if it could happen with swalwell it is happening with a lot of other influence makers in the united states? >> yes. china uses all points of contact with the u.s. to try to overthrow our government and that means, you know, we're overwhelmed right now. law enforcement, both federal and state, local, totally overwhelmed by china's attempts to penetrate us. that means we've got to rethink china relations from the bottom up. which means i think we need to cut those ties until we can figure out we can manage this because if we can't manage this, david, we could lose our country. david: wow. with those sobering words we got

to leave it there. gordon chang, thank you, sir. appreciate it. despite progress in the coronavirus numbers the optimism isn't yet enough to lure workers back into their office buildings. on average 24% of workforces are back at their desks in the 10 largest u.s. cities. that means of course 75% are not there. joining me now, capitalist pig hedge fund manager and fox news contributor jonathan hoenig and walser wealth management ceo, rebecca walser. rebecca, let me talk to you first. do you think that office buildings will ever fill up again? >> david, not under these conditions, right? if you will stay remote long enough, this has been long enough now, you adapt, you adam, think, well we can only live temporarily for so long before we adapt to something tolerable for the long term. that is what is happening with corporations around the country, certainly with workers.

they have adapted to make it sufficient enough at home. that will make it really hard to pull everybody back into the commute and all the additional expense. david: jonathan, you know capitalism abhores a vacuum. if it is free to operate, there is a lot restrictions on capitalism at the moment, what happens with all that space, with 75% occupancy in buildings like the one i'm in, in midtown manhattan and ones people are in in los angeles, few people that are there, what happens to all that space? >> david, you will see a dramatic retooling of a lot of commercial office space, not unlike the dramatic retooling happened for example, in shopping malls like amazon. a lot of shopping malls became medical facilities and gymnasiums. you will see a lot of that process happen in commercial office spaces, the tech adoption was in place before the pandemic. the pandemic kicked it into high

gear we find the in person meeting will become the exception. zoom, skype, the norm, microsoft, sales force which has all the trophy towers and in san francisco and other major cities, they're now telling their sales force, well, their workforce they can work at home there, is more flexible schedule. this is a change that is here to stay, even post pandemic. david: rebecca, what happens to cities, cities like new york, like new york, like chicago, like los angeles even if they're retooled as jonathan said there will be a lot fewer businesses in these places than there used to be, which means a lot less revenue for cities? now i think in new york and chicago and l.a. they have been misusing, misallocating a lot of those resources but the fact is, that they're going to go broke. we're going to see some real bankruptcies in these cities, are we not? >> you are 100% right, david.

this is my biggest worry from a tax revenue perspective that these cities have had such a monopoly because the businesses have been there and they have had to have their employees come in whether it's a two hour train ride from jersey into the city they're coming in because they have to. now that they don't have to they are not going to. the businesses will lose tenants. that is a huge tax loss for blue states with high tax revenue. these blue cities, the city itself has a tax this is a big, huge problem. this is why you have governors looking into the president help them bail out from 2020. it can't go on forever. david: jonathan, you can't have bailouts forever. i think that was the last point you were making, rebecca. could this force these free spending liberals out of office and in blue cities like new york, l.a., chicago? >> blue cities, david, what about blue national governments? the response to covid has not been like unlike, not been like

the 18 -- 1918 pandemic. it is spend massive amounts of money on local level also on a national level even. the debt to debt-to-gdp, will be larger than the government, 100%. the legacy of covid-19 is massive debt for local, states, municipalities, cities, but on a federal level, a national level as well. that will stick with us for years and years to come, decades to come. david: what is it maggie thatcher said, you run out of other people's money. that is the problem with socialist solutions. rehe can become can, jonathan, we'll see you later in the show. cdc saying schools can reopen without teachers getting vaccinated. but teachers unions are pushing back once again. we'll speak with a frustrated parent who says enough is enough. schools must reopen now. >> they exercise an effective monopoly position on the public

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weather advisories right now. the snow and ice causing flight cancellations, widespread pouter outages, including two million without power in texas. fox news correspondent, casey stegall joining us live from dallas. hi, casey. reporter: david, this is an historic winter storm for the state of texas and let's be honest, texans are not really used to these kind of temperatures or driving conditions. virtually everything is shut down. folks are being advised to really stay off the roads if they can. you have to remember crews here don't have as many snowplows or special pieces of removal equipment as other communities to try and clear it. so really they can only do so much. every single county in the lone star state is impacted with snow and ice stretching hundreds of miles down through austin, as far south as houston and san antonio. a federal disaster has been declared which helps open up community warming centers. the pandemic is making that a

challenge. >> there is going to be covid-19 protocols in place. we have screening at all the entrances. we'll be monitoring for temperatures and checking temperatures periodically. so there will be screening in place. there will be security in place. reporter: now north of us in oklahoma winter weather leading to major accidents. yesterday multiple semi-trucks crashed near oklahoma city catching fire. the system is a monster stretching from the pacific northwest t dumped snow on seattle and parts of ore gone and through the plains. it is headed for the tennessee an ohio valleys today before moving up to northeast. check out pictures from branson, missouri, folks there dealing with this mess as well. we can tell you more than 100,000 people are without power currently in the state of virginia but the bulk of the power outages, about 2.7 million customers, here in texas currently in the dark.

the bulk of those are scheduled rolling blackouts because the electric grid is so stressed at the moment. david? david: wow, good luck down there. casey stegall reporting from dallas. meanwhile the cdc releasing its guidelines to reopen schools. cdc director, rochelle with lines ski, speaking with fox news over the weekend. >> we know it is possible to reopen schools safely without getting all the teachers vaccinated. david: sean mitchell is a san diego school district parent and he says now is the time to get schools reopened. sean, the cdc is now saying that it is safer for kids to go to school than it is for them to stay home in terms of their dances getting covid. we heard from the biden administration if schools open in three months, it will be approximately one day a week. the rest will be more remote learning. what do you make of that? if they're supposed to be

following the science, right? >> we've been talking about that since october, right? since september guidance. so that is super confusing for parents and kids. and, we're part of the unified school district. we're partnered with san diego. we're partnered with other groups across the state and the country. so we're the largest one in northern california, fifth largest in the state. elk grove unified school district. we were the first to close and we're still not in on campus learning for at risk youth at this time. we're coming up on a year. it has been safe for a long time but to your other segment teachers have been prioritized, right? david: let me ask that. we know what -- we'll deal with the teachers union in a second but the parents, our school system, we have a local school system in america. it has worked very well for over 100 years or 150 years and yet it doesn't seem like the parents opinion matters in terms of

these real critical decisions about how their children are being educated. would you say it's fair to say that the vast majority of parents want their kids to go to a school, in person schooling now? >> well, that is what we understand and that is what we found out through our survey process and, to your point about local school districts being a government body. i think you're absolutely right. we've been locked out of the process, david. that is what we've been protesting and standing up. the brown act is what we need to get on to here. that is how we hold our legislative bodies accountable through public testimony. we show up to the meeting. we provide inclues in the process and we have our voices heard, represent our interests through that process and through the electoral process. we do have another election coming in 2022. i can tell you parents that want on-campus learning right now are not happy with their elected

officials. we'll hold them accountable. we're only left to commenting on zoom. we're not included in that process. that is what we've been contesting all along. david: the question to whom the public officials feel more responsible? to parents who pay the bills or to the teachers union who pay for them, the politicians to get elected. we had milton friedman, a quote from the great economist milton friedman just leading into this segment, he said public schools are owned and managed by the teachers union. do you think he was right back then now? >> well, that is certainly been the case if what we've seen in their decision making. so that is why we formed a non-profit. ones and thousands like us are forming across the country working on efforts to take back control of what has been a publicly funded entity. that is our money, right. we have to have a say in that. we have to have inclusion in the process. that is our rights. even a governor's order to suspend our constitutional

rights doesn't suspend procedures. we asked for a subcommittee. voted on it twice, we couldn't get a second. one going with us. let us be included. look at districts that are open. at very bottom of their online plans, in partnership with the community. in many districts they won't be able to say that, will they? david: sean, the fact is that there are schools that are open, even in places like new york. the charter schools are mostly open. the parochial schools are mostly open. but they are not non-union schools. that is why the school unions are so against charter schools because of the fact that they can be non-union. but just doesn't that prove the point that they don't have a leg to stand on in terms of staying out? >> absolutely. so what do we do about it, right? , i wouldn't underestimate parents or the students because when we organize and we get

prepared, we have ceos, we have medical professionals, we have funding. we're going to move forward and implement our rights. that is what this is all about. that is what we're about. that is what all the other groups are forming. this isn't a short-term gain and get us back to school and over. we have learning to address over next decade. pushing for things like testing. they can say grades. we all know grades might not be a good indicate tore, right? we need to do a lot of things as kids wake up in the morning, not with a good situation at home. deciding if i should go to school today or if i should go to work, right? so there is all these side-effects that people are not talking about. what are the at risk waking up in the park and looking to get good guidance from a teacher and cope today. david: even the non, non-at risk kids, i have a friend who works in tough school district, junior high teacher in new jersey. he says 90% of his online kids

are failing. 90%. i mean you talk about a loss, these kids have lost not just the past year, how will that affect them in years to come? the teachers union, i think are responsible for a lot of damage to our kids quite frankly. sean mitchell, good to see you, good luck to you. >> thank you. david: glad to see parents are trying to take control. okay. well, still ahead, biden facing pressure to cancel the dakota access pipeline. why that could put pressure on food prices. that's next. ♪. you packed a record 1.1 trillion transistors into this chip i invested in invesco qqq a fund that invests in the innovators of the nasdaq 100 like you become an agent of innovation with invesco qqq

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♪. david: treasury secretary janet yellen is creating a new property after the department, a

climate czar. hillary vaughn is on capitol hill to explain what that role means for the financial system. hi, hillary. reporter: david, president biden's aggressive climate agenda already caused people to lose their jobs and now "the wall street journal" reports that treasury secretary janet yellen is bringing on a climate czar to her department to help them craft tax policy that would give incentives to companies that cut carbon emissions. >> i will look to appoint someone at a very senior level to lead our efforts in which we particularly focus financial system related risks and tax policy incentives toward climate change. reporter: but with that carrot comes a stick. yellen says her boss, president biden is on board with plans to punish people they think are existential threat of their climate goals through a carbon

tax. the president support as mechanism that requires polluters to bear the full cost of carbon pollution they are emitting. biden's climate policy already caused collateral damage. the key stone pipeline shut down putting hundreds out of work and workers are waiting for answers from the white house who has not said when or where a new green job will be ready for them. >> the industries are not there. he acts like, where is providing the jobs that he says he will? they're simply not there. >> don't need proof this was canceled for environment alt reasons, not political. that is what hurts us most. >> not easy to forget everything you learned to do and do something else. reporter: he needs congress to give them the go-ahead to spend 2 interest dollars in taxpayer cash taxpayer crash, that will

help him deliver that goal. david: hillary, thank you very much. meanwhile experts are warning in president biden shuts down the dakota access pipeline it would cause food prices to soar. back with jonathan hoenig and rebecca walser. so, jonathan, here is how it works, if they shut the pipeline oil is going to have to move from the dakotas, that is where the bakken shales are, it will have to move by railroad car, displacing all of the corn belt farmers produce and that will cost corn belt farmers a billion dollars extra. in addition oil prices will probably go up. in addition, it's a lot more dangerous to transport oil by rail than by pipeline. so it doesn't seem to make sense, does it? >> it doesn't make sense from an economic perspective, david, but as i that gentleman said on our package there it's purely political theater. not unlike the previous president when it came to tariffs, for liberals, for

joe biden the dakota access pipeline it is major political theater. that is the goal of environmental movement is raise prices is blackouts, is to make life more difficult for man, certainly a carbon tax would do that. you pointed out really the salient point here. what ends up happening you raise prices. trucks and rails become overloaded with commodities that can't be transported via pipeline. pipeline is cheapest, safest way to transport the carbon fuel. they're not against the cheap and safe transport of carbon fuel. they're against carbon fuel whole cloth. that is why these type of policies are front and center for the biden administration. david: rebecca, to jonathan's point, that seems the only way this does make sense. if you want to make it more expensive to use oil because, even environmentally, that is the thing that gets me, if they want to improve the environment, you don't switch to rail. rail is much more dangerous. the chance of an accident

happening by rail is much more frequent than by pipeline. >> yeah. the biden administration and all the people that want these economic, or environmental policies brought forward, david, they want them yesterday and someone forgot to tell them we're still in a global pandemic and economically speaking this is probably not the time to pursue a carbon tax, close downpipe lines. 570,000 barrels a day, and you're right, obama administration did a study in 2015 that showed that the keystone pipeline was safer to be transferred by actual pipeline than rail. there is study done by the environmental scientific technology group, says 2017 under trump, 61 to 77% fewer greenhouse gases emission through the pipeline versus rail. so this is clearly going to increase greenhouse emissions. they don't care. their ultimate goal is to control the price of energy and move us to something else. it is going to be very expensive

to do that. so they want to increase the price and cost of everything to force us to go that route. that is the problem. david: jonathan, the other thing 79% of our energy which powers our economy comes from oil, gas and coal. 79%. if you try to cut that back as much as this administration wants to do, the only way you're going to be able to do that is by cutting our economic growth dramatically. we could be at levels of economic growth that are subpar for years and decades to come. >> david, it is not just an abstraction of economic growth on a spreadsheet. look what is happening in wide swaths of texas, for example. today, aren't we glad to those have access to cheap reliable fossil fuels have that. whether snowblowers or everything else to keep us safe. so this idea of a green energy future is a fantasy, especially since so many of the so-called green energy solutions like

tesla, ultimately run off of fossil fuels anyway in the case of coal, for example. so you know, government once again needs to get out of the way. that is their goal, raise prices, raise costs, make it more difficult for to us use fossil fuels we need to live. david: i should mention, it is very cold out there. the whole global warming stuff. considering this winter, there is a lot that needs to be considered here. rebecca, i owe you one. we ran out of time. rebecca, jonathan, good to see you. charlie gasparino has breaking news what to expect from the gamestop hearings this week. doesn't it seem so long ago but they're coming up again this week. who we might see there. charlie has all the details. you're watching "cavuto: coast to coast." we'll be right back. ♪.

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david: gamestop hearings on capitol hill are starting to kick off later this week. charlie gasparino breaking news on what we may hear. hi, charlie. >> david, thursday it is house financial services committee chaired by maxine waters. and it is, as you know, a democratic shared committee. that means there is going to be a lot of focus, i believe, at least what we're hearing from us, from people who are talking to the staffers of the committee on citadel investments and ken griffin. as you know is a billionaire. he runs this megaempire, has a hedge fund on one end. he has a securities firm on the other. he was in the middle of the gamestop frenzy. he helped bail out melvin capital which almost went under.

he was, citadel securities buys the payment of the trades from robin hood processes those trades. matches the buyers and sellers a practice known as payment for order flow. that allows robin hood to charge people no commissions. robin hood as you know this is the center of this as well. at the hearings from what we understand, the democrats are going to focus on griffin a lot. he is also a big-time republican. one ever of the biggest republican donors on wall street. they're going to look for what i understand, at least this is what we're hearing as of now. things always change. potential conflicts within his investment empire. is there any sort of conflict of interest, links, between the citadel hedge fund and the securities firm which as you know bailed basically, was buying order flow from planned parenthood, a lot of people, it was this whole conspiracy theory that the reason why robin hood stopped trading in gamestop and some of those other stocks was

somehow to help citadel investments and its friends in the hedge fund committee. that is what we understand going to be looked at during this hearing. ken griffin is obviously not the only person showing you up, melvin capital almost went under and received bail out citadel. point 72 will be there. head of robinhood will be there. vlad tenev. steve tough man head of reddit, the message board some of the frenzy involved trading in these stocks. it could be wide-ranging but citadel is expecting, people are expecting a significant grilling for ken griffin. it should be really interesting seeing he and him, and maxine waters go at it. a little update on the planned parenthood ipo. going to people close with the company, they were planning an ipo but it is put off indefinitely until they put through this. it is basically, they're not

talking ipo right now. they have to get through this issue. david, back to you. david: a lot of their customers are furious at them too. there is that problem. charlie, will be very interesting to see the faceoff between griffin and maxine waters. i will want to watch that. charlie, good to see you. the push to recall california governor news sam hitting a major milestone. one of the leading members behind the movement is here next, don't want to miss it. stay tuned. at t-mobile, we have a plan built just for customers 55 and up.

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top aide, melissa der rosa, told top state democrats last week that the como administration hid covid-19 death toll numbers last year essentially because they feared the trump administration would use that to politically attack them during this time the department of justice was also investigating the state's nursing home crisis. now democratic assemblyman ron kim was in that meeting when derosa made the startling admission last week. kim believes there is majority consensus of state democrats to launch an investigation into cuomo and strip him of his pandemic emergency powers. kim believes that withholding data cost lives because it kept policymakers and the public from knowing the true extent of the nursing home tragedy. >> they lied about life and death, information, brian. forget politics.

forget democrat, republican. who lies about life and death but entirety of the data was disclosed and we knew the entire truth, we would have stripped away his powers and make sure that we put safe staffing in nursing homes. reporter: new york democratic congressman antonio delgado tweeting this, politics should never come before people's lives. the remarks are troubling and warrant a full investigation. it took 10 months, a lawsuit, an attorney general investigation for the cuomo administration to finally reveal that the true death toll, the true number of nursing home residents who died of covid-19 in new york is 15,000, much higher than the 8500 that was being reported all of last year. and they also revealed that the number of covid-19 infected patients who were transported from hospitals into nursing homes statewide under a cuomo policy was 9,000. 3,000 more than what it

originally had been reported. there are big calls, david, bipartisan calls, to have an investigation and perhaps see what, you know, move forward, to hold governor cuomo to account. david? david: bryan, thank you very much. shifting gears to california, where another governor is in trouble. police officer there speaking out saying governor gavin newsom has failed misstate. listen. >> this rising crime, escalating threat to california residents is a direct result of the policies put in place by gavin newsom. gavin newsom has failed california. his response to the covid-19 crisis caused thousands of people to lose their jobs homes, business the he exploited millions of dollars from the paycheck protection program an destroyed san francisco. how much more can california tolerate. david: that policeman is not alone. governor newsom recall effort hitting a major milestone with organizers claiming that they have gathered more than the 1.5 million signatures needed to trigger a special election.

joining me now is ann hyde dunsmore. the rescue california campaign manager and finance director. congratulations, now that you have the signatures what comes next? >> well we don't, actually. that 1.5 million signatures is only 82% valid by our calculation. 82 to 84% valid. which means that is very normal, we need to get to 1.8. we're trying to get to two million actually, david. because we have to have a shenanigan buffer on top of the 1.8. because unlike ballots, signatures can be discarded and invalidated behind closed doors. you don't get to, you don't get to have observers in that process. david: gotcha. >> i'm one of those who thinks that signatures and petitions are like votes but apparently the secretary of state does not. david: you will need a buffer of several hundred thousand extra

votes. do you have a time limit where you have to get that extra amount of votes? >> yes. we have to have them in by march 17th but we won't need that much time. i'm confident that we'll get what we need by the end of february, early march. we need to be careful we don't give them any excuse for pushing deadlines back. we've been submitting signatures every week so they can't say we didn't give them enough time to count the ballots. and we're covering every possible gap that they could gain, game, that we possibly can. david: now assuming that you get the number of signatures, assuming that there is a recall, if there is an actual vote, democrats, you have about twice as many registered democrats in california as registered republicans. presumably you're going to need

a lot of democrats voting in the direction you think is necessary? are all the signatures republicans or are there democrats signing up too? >> thanks for asking. we did mail, rescue california is sort of an auxiliary organization. the original petitioners are, recall gavin 2020, we are rescue california.org. we've had 5000. they have had 5000 volunteers on the street. we did a sample a random sample on the silk tures just that we've gotten through the direct mail which went to republican households but as you know, those are mixed households. now what came back was 66% republican but what was really surprising, you're saying democrats, don't forget that no party preference is its own party in california. so we got 22% of the signatures in a republican mailing were no party preference and 9.5 were democrat, nearly 10%.

so i say he has a very big problem. i wouldn't call it partisan, bipartisan even. i would call it nonpartisan. this is a citizen movement. every single time they try to bring up politics or inject political rhetoric into the narrative about this, there is a backlash. people just don't ignore it. david: there is backlash all over the country. >> yes there is. david: we don't have a recall measure, recall system here in new york but we're reporting about governor cuomo and problems he has. if we did have one here, might affect his future as well. in that regard, ann hyde dunsmore, thank you for being here. appreciate it. fortunes for the airlines may be looking up as the cdc and biden administration scraps a plan to require negative covid tests on all u.s. flights. details on that news coming right up. all in one place.

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>> welcome to our two, testing the airline industry we have new details on a possible plan to require kobe test for domestic travel plus testing the border how the biden administration says asylum policy is moving forward in china's covid cover-up what were learning

about what went on in wuhan a year ago. futures edged higher on this presidents' day market is back in action tomorrow, let's go to lauren simonetti with top business headlines that we are following. good to see you. lauren: good to see you david. the cdc is saying it will not recommend mandatory covid-19 test before domestic flights after many airlines strongly oppose the idea some making the case it is pointless amid the current pace of vaccinations outer rate of 1.7 million day. listen to former spirit airlines ceo. >> if you require testing to get on a domestic flight you would be diverting really important testing resources almost double the amount of test done every day by the time we get to the summer for some people who have already been vaccinated and to move into an environment whether the likelihood of transmission is very low. it is crazy policy.

lauren: 946,000 people went through tsa checkpoint yesterday that is less than half the number before the pandemic and the bad weather is not helping more than 150 million americans under some kind of winter advisory today that is lifting demands for energy, oil, gas, propane, heat, take a look oil prices have topped $60 a barrel that is a pandemic high, gas demand also expected to hit single day hike today and the national weather service in midland texas which is the essential capital of the u.s. shale industry overnight to minus 1 degree fahrenheit that is the coldest since 1989, the arctic cold front trotting in many of the gulf coast refineries as well expect a jump in prices at the gas pump soon. on thursday, the ceo the reddit, robinhood and sit it out and others including the day trader

keith gail goes by rowing kitty on reddit they will be virtually before the financial services committee they have a hearing on gamestop and the other means stocks, the committee wants to know how massive retail trading pushed certain stocks like gamestop to near $500, 52 weeks ago the lowest 257 it is unbelievable, with any legal market manipulation going on what about payment for order flow did day traders understand the so-called plumbing behind what goes on into it can be done to prevent that going on forward. david: did the politicians understand the plumbing, i think the answer to that is no and will be very interesting to see this. thank you very much, let's go to

the white house where president biden is focusing on his own progressive agendas as a impeachment trial has come to an end and as the senate has into a recess, blake burman life from d.c. with the latest, moments when it seemed like the impeachment could drag out for weeks to come. >> a several hour window where it seemed there was a possibility but we know how this unfolded over the weekend and it's done and over without this point and as far as president biden goes he largely ignored the impeachment trial of his predecessor instead focusing on the dual crises as he described them going on across the country covid in the economy that will continue this week as we see the president on the road for the very first time he will be heading out to wisconsin for a town hall and then he'll visit a pfizer plant in michigan on thursday much of the focus for

the president especially for the next month or so will be getting $1.9 trillion covid relief package past over the weekend doctor anthony fauci argued that the package is needed to help with getting kids back in schools. >> i think the schools really do need more resources and that is the reason why the national relief act that were talking about getting past, we need that the schools need more resources. >> we will also see one of the changes that the administration has implemented later this week because on friday the first day will be the first day of the 25000 asylum-seekers along the southern border that will start to be processed for entry into the u.s. as they await the court case, this is the policy from president ryden, the reversal of the remain in mexico policy and that will begin later this week. david: brad blakeman, good to see you. split over the fight for 15 senator bernie sanders saying

he's bullish over democrats chances of passing a minimum wage hike in the covid relief bill despite two democrats voicing opposition. our next guest foundation for economic education brad palombo says 15-dollar minimum wage will hurt teenagers. it is you, thank you for being here. i remember the foundation for economic education when i was the kid and you look a lot younger than i am i'm glad the tradition continues. my first job when i was young was a minimum wage job i took a happily i was living at home at the time as the first job folks are, it taught me about how to wake up every morning, go to work and deal with the boss, et cetera. what happens to teenage workers if in fact the minimum wage doubles very quickly. >> your exactly right, progressive democrats have pushed for 15-dollar minimum

wage claim them in living wage for breadwinners who have families depending on them that is a small percentage of people only about 1% of full-time workers earn the minimum wage according to the labor department in reality it's teenagers and young people and part-timers who are hurt and the consistent economic data and research show not just consistent job losses from minimum wage hikes but teenage employment and labor force participation that suffers the hardest. david: let's take a broader look at what's happening, bernie sanders agenda is where the $15 minimum wage he put on his website when he was running for president the corporate accountability project which is very complete which he announces his intention to essentially destroy capitalism as we know it in the united states and the way to do that would be to replace the stockholders and management with workers in government as the people in control of businesses, this is just part and parcel of a very large plan,

i'm wondering do you think the biden administration will absorb the plan of bernie and other progressives to overturn capitalism as we know in america. >> it looks like they've absorb quite a bit with a $1.9 trillion stimulus package and point out the budget deficit in the new regulations and is exactly right a 15-dollar minimum wage would destroy capitalism in the sense of denying young people the first round of ladder of economic opportunity. my first job was at subway making sandwiches and i was not very good at it and honestly i probably ate two or three subs a shift, i did not produce $15 in value and i never would've gotten higher but help me get my next job and get started and that's opportunity and capitalism that we would undermine with these policies. david: my first one when i was 15 with collecting blueberries for a farmer in maine and i ate half of my profits as well in getting back to the notion that

a lot of the progressives have it also fits into the notion about healthcare and other stuff the one-size-fits-all whether it is an insurance policy or a minimum wage, where this country is built on differences we all have tremendous differences and that's what is wonderful about our republic that every state is different, one size does not fit all in this country, doesn't. >> no it does not, $15 federal minimum wage nationwide would be the equivalent for puerto rico of imposing a 60-lldodo mimum wage in wasngn,.cn, t.,t t t shouldhold ild yf'ref e en efnounant aant wagm iagreasnc wase case cee have tha s thae s thainim tuminn n ngelesngel newngelorng city citn abamal aal pndrtue ricue tiche t livofgivof t i t ted m wage w e so if drentfendt woutould de trc 5rc state ste otete rade alism gndteot unhes wre re a tayod a a are ceat l aototf

headache she ohe-sizhe-sfits-afl de lraol p p a pec a p a p a p aor disasa.sa d: rob pombo tha t y tou ve much. our nouexst both a bgrgrtt washingtwash hwash a h speing pr m andm cannotet out o o own waywn, l,'s bng former investment baker carol roth and capital management gary kaltbaum. carol, we still have, i say the government because it's our money, we have about a trillion dollars and covid relief fund that they have not spent, that is how crazy government has become they are now trying to spend money so fast that they cannot even account for you have the guy in gary's neighborhood in florida who took the ppp money he received about $300,000 and bought a lamborghini, god bless people who want to buy a lamborghini but not with my money if i can't get a bolt wagon he can't get a lamborghini

that is how crazy things have become. >> don't give them any ideas you have a bunch of people demanding more from a raise for a lamborghini. we have this crazy central planning that keeps growing and growing and i think the numbers have gotten so large in scope people cannot get their heads wrapped around it if you go back a little less than 20 years in 2001 are government said $1.9 trillion at the federal level, that grew before covid 140% and throw covid on top of it a relief package were talking about are larger than the entire gdp of canada, it is so much money and is not just the money it is the power in the consolidation that goes along with it and you're talking about the destroying of capitalism is already occurring. david: gary the least efficient way to spend money is to give it

to the government and have government bureaucrats do it, it is not their money so they're not watching as closely as they should be but there's an idea in washington particularly now with this administration with progressives and government that the more money that we give to government the better but there are other problems as carol was talking about in regard to power that bothered me but the sheer absurdity thinking there will be fiscal responsibility with trillions of dollars rolling around in their hands. >> let's talk outcome since the year 2000 are federal spent $60 trillion yet they keep telling us they need more money for infrastructure which we've been promised several billion times and they have gas taxes for we have been told we know trillions of colors has gone towards poverty in the homeless yet, guess what we have a bunch of poverty and homeless, the

problem is simple there is no accountability and we keep voting the same people in year after year after year and spending is there power and by the way that does not include all the deficit spending that they are doing and again, this is going to blow up and unfortunately who's going to take a hit not the politician is going to be the taxpayer with a big slowdown in the economy, jobs and the like and we just need a complete clean sweep and get somebody who knows how to balance a checkbook. david: there is pressure now on politicians in washington particularly from the progressive side who monetize our whole national debt now up to $27 trillion the fed by the way has gone even further, they now own 17.5% of all of our national debt owned by the federal reserve board and of course they. money to buy up more of the ious

as debts, what happens if that happens if they think student debt is just the beginning were going to pay off our national debt? >> the mmt as much as we make fun of it is already here is. david: that's a modern monetary theory where you can. as much money as you want and it does not matter. >> i call it the magic money tree theory so to speak but the reality is this is what is been going on they have been devaluing the currency, they have been inflating assets at the expense of people who are saving and are trying to drive the inequality that they are talking about, they're transferring that money from main street to wall street to create a bigger divide, eventually somebody has to pay the piper and this will come crashing down we have seen it in

the poor countries around the world who followed our spending spree in our printing spree there already seen this crazy inflation to think that were not going to have to deal with the consequences at some point in time is absolutely magical. david: gary were gonna start with the year coming back and i would remind everybody that we did see it here in the united states in the late 1970s we had inflation go through the roof ronald reagan who brought it back to earth again but lord knows it can happen, meanwhile covid cases and deaths going down but the cdc director says don't expect mandates to loosen up anytime soon she said it's time to double down on many of them, more on that when we return. ♪

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david: welcome back to coasting coast more and more people getting vaccinated at restaurants in a lot of parts of the country owed under tight restriction. grady trimble in illinois checking in with restaurant owners the said they've had enough with all of this. >> more than 10% of the population in illinois has got one shot of the vaccine that

number holds for the entire country were seen more people get vaccinated in cases go down but the restrictions are tight and in many cities as you mentioned across the country 25% matt berti is the owner at meet kitchen and bar in 25% is not going to cut it for you guys. >> it really doesn't it is too little to make a positive impact. >> one thing that is important for you is keeping your staff on the payroll at this rate you've had to lay off a furlough employee and that could happen again if you had to stay at this level. >> 25% is a small amount and we need to get back to 50 - 75 or 100% as quickly as possible in order to bring those people back. >> this is not your only restaurant you actually open one in the middle of the pandemic correct me if i'm wrong but the restrictions are little looser and you're able to do more business. >> restrictions are the same across illinois but the region

were in got to open up before the region in dupage county. yes. >> has a been a challenge opening a new restaurant and the tight restrictions? >> absolutely. opening a restaurant is tough as it is, but doing in the pandemic and restrictions that we have makes it that much were challenging. >> you can see this restaurant is closed today but they have taken a lot of precautions like all restaurants keeping parties based out in trying to make sure everything is sanitized, staff are wearing masks, guests have the wear masks when they come in they have rules in place to prevent the spread but the restricted by the government and cannot seek more guest even if they have the space to do so. david: is probably similar in illinois but in new york 1.4% of the infections come from restaurant, 74% come from in-home passing of the virus.

so it doesn't make a lot of sense particularly with vaccines, not, thank you for that i appreciated. covid cases and deaths continued to decline in the u.s. but the head of the cdc is warning states that it is too early to be dropping mask mandates. >> now is the time to not let up our guard now is the time to double down you need to get our communities back to some normal functioning before we can start thinking about leading up our mitigation strategies. david: here is matt mccarthy with more, doctor mccarthy montini's new governor has lifted his states mask mandates that's what he was elected governor, his predecessor was the one who implemented it what is your view on the mask mandates business. >> two things to keep in mind, vaccines are really good at preventing symptoms but we don't know if they prevent transmission, the other thing about the cdc they are engaged

in a very difficult negotiation with teachers unions about getting the teachers back in the classrooms before all of them are vaccinated in one of the ways to do that is to keep the transmission rate low, i think doctor walensky what she's getting up this is not the time to be taken down mask mandates when cases are too high to get teachers comfortably back in the classroom this is not about wanting to have a big central government telling people when to wear masks she said getting society back to functioning as it should is about getting transmission low and i understand where she's coming from it's a preview of things to come because as the cases dropped these mask mandates will fall away in the cdc will say, we can still be transmitting the virus, this is going to be playing out through 2021. david: i understand where she's coming from as you do on that, i also understand where americans are coming from as well who oppose the mask mandates it is a

mandate quality that grates against americans they want the right to choose and if they choose to be more responsible than they will do so for tickly as the vaccine rolls out, will there be a point to say after 50% of americans vaccinated where we can say comfortably it's okay to go around without the mandates? >> i'm not a big fan of mandates, the way that i sea life returning to normal, we get there with every person in the united states has the opportunity to get vaccinated we don't need everybody to be vaccinated we just need your personal lives across the street to have the opportunity and if they choose not to that is their fault i see this happening sometime around labor day that we get people vaccinated throughout the summer and the cases will drop as they usually do through the summer and when the fall comes everyone has to make a decision are we putting the masks back on i don't think

we'll see many places that are insisting on masks after the summer even though we will not be at herd immunity. david: again that might not be the bad thing if the vaccine rollout continues, i'm still waiting for the johnson & johnson i'm excited about that one coming down the line, doctor mccarthy good to see you, thank you for being here. fewer restrictions have new yorkers heading south not just them their businesses going with them, more "coast to coast" right after this. ♪

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up by by doing that you have new entrepreneurs coming to start new ventures, new restaurant opening in florida, new hotels are opening in florida so people view florida as a place where they can follow their dreams, a free state. david: that is called an easy sell, new yorkers are fleeing to the south and businesses in the city are following their lead, what if this expert is doesn't stop, back with her panel gary, i'm going to come with you because you're living the good life down south in florida, carol and i are in the cold and i'm just wondering if florida is going to be running out of space anytime soon? >> let me give you the first-hand correct on all of this, the other disrespect for the citizens up in the northeast and their dollars have people coming here i tell you very good friends, accountants that are being asked every day from business owners what if i lived in florida over the last ten years how much would i save and

it comes out to brazilians, i tell you houses are going for sale in florida they're being sold within a day that is what is going on. david: are you running out of space, real estate, do you have room for everybody that is going to move there? >> there is a ton of land everywhere, construction is going up, apartments, homes, you name it i am in central florida and i don't think as hot as they are in south miami but were kicking in gear i have to tell you news tends to feed on itself and when people keep reading every day, joe biden wants to add 1.4% tax on top in new york city people will be running for this. david: carol you and i are cold, weight overtaxed, we can go to the local pub even if we have

double or triple layers, what are we still doing here? >> where i am in chicago we had 218 carjackings in january so we cannot drive anywhere. >> exactly you mentioned all of those things and for the first time in our lives my husband and i have been having a conversation and wouldn't you know one of the places on the list is florida this is basic economics whether taxes, crime, the demonization of the worst part about this is you pay the ridiculous property taxes and the ridiculous income taxes and they demonize you and say you're not paying your fair share there is no level of gratitude or appreciation of being part of the community and you will continue to see more people go to florida and texas and the states who figured out competition. david: one thing i have heard from my friends like you down in florida or in texas or in the

southwest is they're worried a lot of californians and new yorkers and chicagoans are going to be moving to your state and are going to change the political structure of your state and somehow they will begin to elect and put up for office people who have the ideas of increasing taxes, does not concern you guys? >> i would say so i'm going to have to start conversion therapy. [laughter] can i just say one more thing, i keep. in the northeast they need to raise taxes to raise revenue and all that is going to do is lower their revenue and here in florida they're not raising taxes yet revenue will skyrocket because more people come, economics 101 is pretty simple and i do not think some of these people running these states have ever read the book economics 101 i think they listened to bernie

sanders a little bit too much. david: carol you go to miami and you see a lot of business going on and you see the arts are booming they have their own opera company in houston and miami et cetera so there is stuff going on but they have 0 income taxes, the plea from governors and mayors in illinois and in new york and in california that we need more of your money because we would not survive without it there doing a lousy job with what they get in the folks in florida are getting nothing in terms of state income tax and doing a pretty good job. >> it goes back to the concept of whether the highest fixed or not ongoing battle of capitalism and the understanding that you can rise up high if you get economic activity and that's what gary was alluding to you bring more people down, you grow the pie each individual person adds to the economy, the government gets out of the way

and everybody prospers if you go to a state like mine in illinois and these other blue lead states around the country they have a crazy mentality which i think is because the decentralization threatens their power so again this is all about a power grab not really what is best for generating economic growth if they cared about economic growth they were slashing income taxes and we will make this business friendly and do everything we can attract people back first. david: i have to make one more point you are the luckiest guy in the world because right before the pandemic you are planning to move to new york city from florida and you did it for a number of reasons and it was one of the best decisions if i put it that way that you ever made in your life, good man and a lucky man hopefully some of that will pass off to carol and me eventually. thank you both good to see you the first tax online advertising

is set to rollout in maryland the move coming as lawmakers move to get a bigger slice of the tech industry soaring profits amid growing budget deficits that we talked about because of the pandemic and other things. susan li has a detailed. susan: first of its kind in maryland is the first to adopt the tax on online advertising that means a portion of the advertising sales like amazon, facebook and google will go straight to state coffers and marilyn says they should raise about a quarter of a billion dollars which they will used to fund education programs however, the tech giants with other business groups say it's only going to hurt the little guy. >> for people to understand, people who are pushing this bill and these kinds of taxes they like to claim their targeting big out-of-state companies, in reality these taxes are going to fall on the people in their own district and it's going to fall eventually on consumers. .susan: go businesses and

restaurants not just maryland 17 bills in ten states that proposed taxing big tech and that includes a bill kansas $97 million tax streaming services like hulu and netflix in washington state is looking to tax companies to cellular personal data arguing personal companies benefit not only the bailout of the internet they should pay for that but from profiting off users data and they can afford it because amazon reported a record $125 billion in sales to in 2020 and for facebook and google and states say they will use these tax dollars were government funding for schooling, infrastructure, state residents but it's not going to in effect just yet, you can expect that it's going to be a lot of lawsuits coming from local businesses and industries to fight this so it will not be implement it just yet but you can imagine is that the precedents for other states to

follow. david: i'm not going to cry over these internet companies but at the same time i cannot imagine any government using the money better than the private sector using the money is before no argument from me on that. david: the national guard could be staying in washington until at least the fall and the price tag for taxpayers is already huge it's going to get a lot bigger, will bring you the details right after this. ♪ challenge ever. but i've seen centuries of this. with a companion that powers a digital world, traded with a touch. the gold standard, so to speak ;) so you're a small business, or a big one. you were thriving,

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david: 500 million tax dollars the cost of having national guard troops protect the area around the capital the troops are slated to stay there through march 15 and now we learn that

troops could stay in d.c. until the fall edward lawrence's did is ind.c. when will we see the end? >> a good question one that republican lawmakers want to know right now 7000 are patrolling in and around the u.s. capital they will be here at that level until mid-march. you can see the group of folks that are there guarding the entryway, number of guardsmen guarding the entryway and about every 30 feet around the outer fence guardsmen in interference with more of them taxpayers shouldering all of the burden, those taxpayers can only watch this from outside the fence looking in as lawmakers work inside the fortress this is all costing a lot of money, $7 million a day is the cost of this so far $483 million from activation on january 6 through march 15, 7000 guard members are here now an internal e-mail obtained by the fox affiliate

shows 5000 guard members from now through possibly the fall could remain in this area republican lawmakers are asking the house speaker to send them home. >> myself and several of my colleagues have asked me people the oc for a briefing as to why do we need these troops here and we have received 0 information that she can do this without any disclosure, without any information and continues to spend money with no briefing. does not make sense to me. >> representative jim jordan has lost three ranking members of committees send a letter to the house speaker asking her a couple of questions, first why was it the national guard approval for january 6 and second why did it take more than one hour to get that approval once the sgt and arms senate up the chain for that in a response that i got within the last five

minutes a deputy secretary for the house speaker says the speaker has and will continue to take action to ensure accountability and enhances security of the capital. clearly they are moving forward with this and republican lawmakers would like to have a briefing about what exactly is the security threat going on that the troops need to stay here. david: i see a meeting planned for the white house on wednesday, hopefully we will find out more about this but it keeps lasting and going on and on, thank you very much edward and anti-trump establishment republican group called the lincoln project hold in millions, tens of millions trying to defeat donald trump it looks like they have been defeated by themselves, details of the mainstream media helped cover up joan concha on that next. ♪

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david: the biden administration calling on china to hand over data from the early stages of the covid-19 outbreak as w.h.o.

scientist say they traced 13 covid-19 strains from wuhan from late 2019, jennifer griffin with more on this. >> it may be one of the only issues the trump inviting a administration agree on beijing has blocked and slow rolled crucial access to international investigation into the origin of covid-19 for more than a year national security advisor jake sullivan had the withering assessment of the recent report after a month and wuhan demanding more from china hand over data from the early stages of the outbreak, we have deep concerns about the way in which the early findings of the covid-19 investigation were communicated and questions about the process used two reach them it is imperative that this report be independent with expert findings free from intervention or alteration by the chinese government the w.h.o. team which did not include any government

representative included a debunked chinese talking point suggesting the virus may have originated in the u.s. and been transferred to wuhan through frozen food shipment is not the first time the chinese communist party has launched an effort to spread this information a year ago the chinese foreign ministry spread a rumor the military created the virus at a lab for paul dietrich maryland and unleashed it during the military world games and wuhan october 2019. >> the reason we left the world health organization is because we became to believe it was corrupt and had been politicized in bending and need to xi jinping in china. >> it's a slippery slope for biden and his administration to return the u.s. to the w.h.o. by pulling out of the w with you ho it was left off the un team by rejoining it remains to be seen whether the u.s. is allowing china to use the w.h.o. for more propaganda and disinformation. david: thank you very much,

meanwhile new fallout from the scandals with the anti-trump establishment republican group called the lincoln project were learning tens of billions of dollars that went into the powerhouse went directly to companies run or controlled by its founders here is the hills media columnist and fox news contributor joe concha great to see you and wonderful column let's start with the money there is a lot to talk about lincoln project raised $90 million if i have it right to defeat donald trump where exactly did that money go? >> 27 million went towards advertising lincoln project and was effective in that regard creating the ads that got picked up by the media and play on other cable networks, 27 million out of 90 million advertising 50 million however, went towards firms controlled by leaders of the lincoln project, if i say

gordon getty who donated a million dollars or david giffin who donated $500,000 i want to know did my money go toward the purpose of this project which is to defeat trump and ultimately defeat republican senators or was this to blind the pockets of the very people writing this project we don't know that but it looks fishy in several reports seem to indicate it was the latter this was about lighting their pockets even after the way in june they were told about john weaver and the horrible text messages to young boys. david: one of the ironies of this is one of the major bombshells that the lincoln project came out with was tying trump officials to getting some of their organizations reaping the benefits of money that was supposed to go to the trump campaign that was a bombshell and it turns out they were doing the same thing. >> that's exactly right, these

guys were media darlings and i speak in past tense because the lincoln project is dead and i'll tell you why and a second period they were put on cnn, msnbc dozens of times, 60 minutes, cbs2 weeks before the election that a glowing profile the lincoln project and what these guys were ultimately if you put michael avenatti into a cloning machine out came steve schmidt or rick wilson or george conway on track to win another husband of the year award, no question about that exploiting his name kellyanne conway be in the former counsel to the president that's what happened in ebert after the allegations came against john weaver 17 times the lincoln project cofounder was on tv and was not asked about it once which is remarkable considering this is a very serious allegation as far soliciting young boys for and then the money issue as well the

good news the donations have stopped doing online donations and they haven't tweeted for several days and steve schmidt has resigned as one of the top people and looks like it's all over for them. >> are the media reporting the scandal in reporting the fact that there were disclosures and statements after people left the organization that they were forced to sign so they did not have to talk about this is there any kind of media, reporting 60 minutes used to pride themselves on investigation specifically like this one or the one that you and others are doing at the lincoln project but they don't seem to be doing it, do they? >> there has not been a lot of reporting on the lincoln project on the broadcast side so abc, cbs, nbc are watched by 25 million people when you add them up and yet they barely touched a couple of seconds here and there and otherwise there's

been good reporting axioms, the new york times and covering the 19th, it's been a mixed bag but if you're in msnbc your three project members on your staff and they're still going to be going on they said they have no plans to change that. david: they condemned the trump administration for not having enough women and it turns out they did not have women in leadership positions at all either there was so much hypocrisy i wish we had more time, and more to mine, joe concha, thank you very much, half of america under winter weather advisory snow and ice and much of the country including texas, more on that to come. ♪

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student loans don't have to take over for the rest of your life. with sofi it's possible to get them paid off and start new. ♪♪ david: charles payne, it is all yours. take it away. charles: david, thank you very much, my friend. good afternoon, everyone, i'm charles payne. this is "making money." well the markets are closed but we are obviously open for trading. it has been one heck of a year so far. things are what's in. all the things that are working, i got the woman to wrote the book about them all. what to expect this week as earnings season continues to roll on. it is a monter earnings season. the governor in trouble. gavin newsom in california. we'll get reaction from congressman darrell issa on that. como, what will happen with governoruo