yes, it's landlocked, surrounded entirely by italy. it's just .2 square miles in area. that means manhattan is 120 times bigger than vatican city. got that? quick check of the markets. this is a rebound. you're up 260 for the dow and 240 for the nasdaq. coming back strong. david asman in for neil. hey, david. david: nice to end the week in the green. that's a good sign. thank you very much, stuart. have a great weekend. happied friday, everybody, i'm david app asman in for -- asman in for neil cavuto. we have the latest news from every conceivable angle. frustration at the gas station all over the east coast today, worst day for gas prices as drivers are racing to fill up for the weekend. how long will the pain last? and what was the hack about? was it more about something other than just the ransom, just

the $4 million? we'll bring you the latest on that. and then to mask or not toes mask, the cdc finally answering that question saying those who are vaccinated can go mask-free. but just days ago it was a very different story. so was politics leading science on this decision? i'm going to be talking to a top health expert on that. and place your bets, everybody, medina spirit set to race at preakness tomorrow despite a pending doping investigation from the derby. will gambling on the infamous horse pay off? but the top story right now, 13 states are still dealing with gas shortages on the east coast. fox news correspondent steve harrigan is hive from atlanta, georgia -- live from atlanta, georgia. hi, steve. >> reporter: we've been talking to people at the pumps, and it's hit or miss whether you can find a gas station that has gasoline in georgia. as of 6 a.m. today, about 50% had them.

it's a worse situation in north carolina where as of this morning 70 percent of the gas stations had no gas. worse still in washington, d.c. where more than 80% did not have gasoline. the price here is about $2.89. a tanker dropped off 9,000 gallons a short time ago, some people following that tanker in here to get that gasoline. the price nationally averaged about $3.04, that's up 10 cents in just a week. reports of gouging with prices $10 or more a gallon. we talked to some people here who said they have been looking for gas for the past two days. >> just looking around all morning. >> i did. i have been, yeah. and all day yesterday. >> reporter: wow. that's a lot of your time. >> it has been, i agree. it's kind of ridiculous are, can't -- isn't it? >> reporter: colonial pipeline restarted operations wednesday, 5 p.m. gas was fully flowing by thursday, they expect a couple

of days before things get back to normal. the governor of north carolina saying it could be up to two weeks before the situation is back to normal at gas stations. david, back to you. david: all right. steve, thank you very much. well, meanwhile, the colonial pipeline reportedly paying about $4 million in ransom to the hackers. not much when you really think about it. when asked if the white house knew about the ransom payout or suggested it perhaps, president biden had a very interesting response. listen. >> on the ransom, were you briefed about the fact that the company did pay the ransom? >> i have no comment on that. thank you. david: no comment. joining me now, the cow guy, scott shellady, and kaltbaum capital management ceo gary kaltbaum, two folks who live in realville. i mean, they really deal with the real world, both of them. they're very common sense guys. [laughter] gary, i want to come to you first. this no comment by the president

stood out because just previous to that question, he answered with a definitive no whether he was asked whether he was going to retaliate. he said no, definitively. when he was asked about whether he knew about or advised colonial on a ransom payment, he said no comment. what do you make of that? >> i make of it that the president knew there's -- look, or he's the president. i am sure he was not necessarily involved in negotiations, but he knows what's happened. and my big worrying or this is going to get fixed up over the next week or two if not soon, but there's a lot of bad players out there. and if this comes out and it's a fact that these people have gotten paid off, there's going to be others that do the same. and i'm just hoping all these people that run these pipelines are some real good fighters of hackers to make sure this doesn't happen again. i have to tell you, a spiking in gas prices is a gargantuan tax on the lower income and --

david: oh, it is, no doubt about it. before we get into the inflation aspect, scott, i want to find out from you because you're dealing with oil traders all the time. are they worried that this sets a precedent that,ting you know, the fbi tells people never negotiate with hostage-takers, internationalists know that you don't negotiate with terrorists. but clearly here somebody did, does that worry the folks in the oil business thinking this might proliferate? >> well, unfortunately, this is not uncommon, and most of the time there is a ransom paid. that's just the way it goes. so i'm not shocked to hear about the ransom being paid. what angers me is this: number one, it's totally preventable. i mean, these things are preventable if you have all your doors locked down and you know what you're doing. it happens more often to government agencies, but it also happens to other businesses that don't have things buttoned up as well. number two, here's what i'm working about. we've got the government arguing about whether childcare or

daycare is infrastructure, when i think all these things are infrastructure. it could be our air traffic control, something that could really take down the country, and we have to make sure we have all hands on deck. ing i don't care if they're private companies or not, we have to make sure that all those companies have those back doors buttoned up tight so this doesn't happen and shuts down the entire country. that's what -- i guarantee you it's going to happen again. david: absolutely. >> it's going to happen again -- david: you pay them once, and there are going to be copycats. >> right. exactly right. david: gary, let's talk about the inflation aspect of all this. you know, who should be surprised that oil prices even before this hack were going way up, because we have an administration coming in saying they are literally at war with carbon energy. do you think that now they're recognizing the pushback, the popular pushback against rising oil prices? and you combine that with this hacking which showed how vulnerable our pipelines are, they've got to change taxes

fast, don't they? >> just about the first thing this president did when he became president was shut down a big pipeline and sent a message to everybody in the industry that we were going after the industry. and less supply means higher prices, it is simple as that. i am hoping they are hearing from the citizenry at this point in time that this can't be. and on all the interviews of these people that are sitting online and people that are paying astronomical prices on gas from where it was a year or two ago, hopefully they are listening because anything we know about politicians, they need voters. and when they hear voters getting po field, hopefully they'll -- po'd, hopefully they'll tend to listen. david: well, scott, the real world is catching up with bad policies. that's basically what's happening. we see it with regard to oil, inflation prices, jobs, all of those unfilled jobs, 8.1 million

of them because of these bad policies of paying people to stay home. and now we have retail sales that are falling short. sales for the month of april expected to be up by 1%, actually remaining unchanged. so fewer people are actually going out and buying as they're getting worried about what's happening with the economy. >> well, they should be. and i've been saying this, and there's not very many people like me, but i'm more worried about what happens on the other side of this big demand that we're seeing with the reopening. he keeps calling it an american rescue plan. i call it an american reopening plan, right? how does the government even use the word created jobs when all they're doing is just giving a job back that they took from you last march? david: right. >> that, to me, is a slap in the face. we're going to have this demand which is really just turning the lights on, and then what's the world going to look like on the other side when we slip back down to 2.5% gdp and we've got

this wall of tax hikes in i think that's why the fed's standing pat, and i think bond traders too because you haven't seen that 10-year yield spike -- david: scott, i'm going to stick with you. you are a cattle man, you can tell by the clothes you wear. you wear it on your shirt sleeve. but the cattle industry is now in the crosshairs of all those greenies who suggest that, in fact, some way the cattle industry, eating meat is bad for the environment. so bad, in fact, that you get this from national geographic, meat production leading to thousands, tens of thousands of air quality related deaths every year: will our cattle industry the survive these wacky theories? >> well, what about page 2 of that said raising cattle was also racist too. [laughter] it ultimately will solve its own

problem. i think it'll be okay in the end. right now the biggest threat to the cattle industry is the unput prices. all the other food prices are going through the roof, so it's making it very expensive. that's their first battle. they can deal with national geographic later. david: gary, you get to button this segment. very quickly, is the real world catching up? we had the masks decision yesterday. it seems like there's a little bit of reality slipping into these whacko policy ideas that some of these people in the administration have. >> i think the problem is i don't think those whacko policies, as you say, are going away right now. i think they've going to be driving to the hoop. and i have said this is the most anti-business and anti-upward mobility administration i have ever seen in my high time. there is -- lifetime. there is not a day that goes by that they talk about taking money out of the economy and putting it in their hands. and we're not talking about $500 billion or a trillion, we're talking 5, 6, 7 trillion.

they even went as far as to talk about a mileage tax which would kill the lower income people. and when they heard all the yelling and screaming, they shot that down. but the way they're thinking, every day it's manager new. and -- something new. again, i'm talking about the american people, i'm hoping they get it because 2022 coming up. david: scotting or gary, thank you very much. good stuff. well, the cdc updating its guys dance on mask mandates now saying fully vaccinated people can go mask less in most -- maskless in most settings, but businesses aren't exactly changing their own rules yet, nor are some states. grady trimble is in chicago with the latest on this. >> reporter: hey, david. we're sort of in this strange in between where the cdc says those fully vaccinated can ditch the masks, but a lot of businesses are keeping their requirements in place. for now all of these locations that you see on your screen, they say they're reviewing their mask rules, but they will

require customers to keep masks on in stores, everyone from walmart to home depot to starbucks say you've still got to wear the mask. the country's largest union for retail and grocery store workers says the cdc needs to clarify its guidance asking whether retail employees that it represents are now going to have to be vaccination police. the union says the guidance is confusing and fails to consider how it will impact workers who face exposure to those not vaccinated and refuse to wear masks. the cdc's director admits it will have to review a lot of its recommendations. >> we have, you know, work ahead of us in terms of updating our guidance with regard to all other settings. as you know, schools and camps, and that will be the work that we have ahead of us. >> reporter: another area that the cdc will have to take a second look at is travel. just a few weeks ago the tsa said it's extending its mask

mandates on planes, trains and buses through mid september, and as of right now the major airlines say they plan to keep those mask requirements in place. we are seeing reports that some of the major vegas casinos like the cosmopolitan and the wynn las vegas are lifting their mask requirements for people who are vaccinated. but for now, david, there's this lag time between what the cd the c is saying and what -- cdc is saying and what businesses are actually doing. david: and then governors, that whole aspect. some of them go against the cdc recommendations. grady, thank you very much. despite the cdc changing its guidance on masks, some are saying this was a political move by the organization in favor of the biden administration after switching their views on masks in just a couple of days. so are all these flip-flops confusing americans about what to do? the read now from former hhs chief medical officer dr. vanila singh. do you still trust cdc guidance?

>> yes, good morning. great to be here, david, again with you. you know, i think the problem with the cdc is that they are losing more and more confidence from the public and others because of the mixed messaging that all sides of the political spectrum are noting, specifically when the teachers unions were concerned and they were allowed to influence the cdc guidelines, same as the retail workers. i think the guidance has to be clear, and that has to be really straightforward in order for them to gain their credibility and trustworthy theness with the american public. david: you know, it was -- just to buffer your point about the different messages we're getting -- it was just two weeks ago that the cdc was saying that kids going to summer camp were going to have to wear masks outside. [laughter] now they're saying that masks are okay inside if folks are vaccinated. and then we have dr. fauci who's been all over the place when it

comes to masks from when the pandemic began. let me just play the most recent tape from him earlier in the week. go ahead and roll talk about. >> so it is conceivable that as we go on a year or two or more from now that during certain seasonal periods when you have respiratory-borne viruses like the flu, people might actually elect to wear masks to diminish the likelihood that you'll spread these respiratory-borne diseases. david: the bottom line is everybody's saying you have to trust the science. well, scientists disagree with themselves. [laughter] so it's very difficult to follow the science. at some point you have to have politics come in, leaders to come in and make decisions when scientists disagree. >> absolutely. and, first of all, it's important to be able to discuss in science, to have different opinions. and we know last year that was not allowed. anybody who was concerned about mask wearing with children or

wearing masks outside when we have -- which proved the virus was unstable outdoors in heat and humidity. that science has already been there. and when these restrictions were going down in some states and not in others and then we see the outcomes not mirroring what those restrictions were, we know that's not science. that's when we lose confidence. objectivity with science, much of these concerns are really that they're advancing an agenda that really ends up harming the people. folks were more fearful than ever. there's an interesting story out of. stanford researchers that found people's perception of their risk for covid was much, much higher than what it actually was. and again -- david: well, that leads to the question of panicking. the last thing you want when you go to see a doctor, you've got such a calm style, a good american, i'm sure, in dealing

with your patients. sometimes we don't see that same mannerism coming from the cdc. and dr. walensky, god bless her, i know she's got her hands full, but she was exhibit a in that kind of panicky behavior a couple of weeks ago. let me just play that tape. roll tape. >> i'm going to reflect on the recurring feeling i have of impending doom. we have so much to look forward to, so much promise and potential where we are and so much reason for hope, but right now i'm scared. david: i'm scared. and then she was talking about impending doom. i mean, frankly, i don't trust people that panic in dangerous situations, and that was panic, to me. >> look, there's a great amount of burden and a worry about making the wrong decision. i understand that. i was in that position. we had the hurricanes, the opioid crisis, but at the end of the day when your leader, she's an accomplished physician from

great institutions, we need to still be able to have confidence and to reassure people that you know what you're doing. and, yes, i would certainly have taken a different route in that case. david: dr. singh, great to see you again. we really appreciate your voice of reason in these situations. thank you, appreciate it. well, this isn't a dream. the dream midtown hotel, new york city's theater district is reopeninged today, but the big question, are people showing up? are they making reservations for the long term? we'll talk to the ceo right after this. ♪ ♪ suddenly i see this is what i want to be. ♪ suddenly i see why the hell it means so much to me ♪♪

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program which adds, as you know, $30 to state -- 300 to state benefits. here was golf mike dewine -- governor mike dewine explaining his thinking. >> an exa that $300 a week in federal pandemic unemployment compensation is, in some cases, certainly discouraging people from going back at this point in time. >> reporter: now, over here at the white house they are pushing back on the notion that the added benefits keeps employable people on the sidelines. >> -- in the data is that the actual issues at play here are the pandemic and people needing to address things like childcare, being fearful about going back to work before they were vaccinated. so states, governors are going to make their own decisions, but it's important to convey, i think, that when you look at the data, when you look at the facts, that's not, we have not seen that as a widespread

driving factor in people not going back to work. >> reporter: david, whatever states, whatever governors decide to do with this issue from the here on out or even going forward, keep in mind the $300 weekly plus-up benefit is set to expire on september 6th. david: right. of course, that leaves the whole summer, and a lot of small businesses were hoping it was the summer when with they could get people back inside -- >> reporter: indeed. david: blake, thank you very much. congressman jodey arrington i don't see texas there. would you advise the governor of texas to, likewise, withdraw from this plus-up from the feds? >> absolutely. i'd advise every governor to not put a big barrier to economic recovery and a barrier to small businesses not just in west texas, but around the country. 8 million jobs, that's the most we've ever had in terms of job openings, and almost half of

small businesses can't hire everybody back. they can't serve their customers. in some cases they can't make a living, they have to close shop. so we warned the democrats when they pushed this through on a completely partisan basis that this will be a disincentive to economic recovery, it will be a barrier and a rational decision for these folks to not go back to work because they're making more on unemployment. david: well, it certainly seems that's what's happening, but the white house is stubbornly refusing to admit there's any connection there. it's difficult for a politician to come out and reverse something, say i was wrong about that, we've got to try something else. do you think they're going to find a way of backing out of this, or are they just going to let the states one by one withdraw from the program? >> i think the states are going to choose one by one. you heard the numbers and that they're all run by republicans. but it's basic economics. i'm not surprised, david, because the white house hasn't

owned the responsibility for cause and effect with the border crisis, they're not owning the gas prices going up because of the broken energy policies that are hostile to oil and gas which is our baseload are. they're not owning the inflationary effects of overspending. so, no, i'm not surprised, but i think that ration alleyeders in these -- rational leaders in these states are going to make decisions in their states so they can get back on their. david: you talked about gas prices and gas shortages now on the east coast. you, of course, are a big carbon energy state, texas is, has a lot of power there. it used to be the major source of income for the people there. is there concern -- i know the president says there are going to be enough green jobs to replace and even pay better than carbon energy jobs. does anybody in texas believe that? >> no, of course they don't.

and we know in texas that safe, affordable and abundant supply of fossil fuels is what gives us an economic advantage. it's what made us the land of opportunity and also gives us that energy independence which provides an enhanced national security posture. so we're doing it cleaner and safer than any country. the demand for fossil fuels will not go down. so if americanss aren't producing it, we're going to import it from russia and opec nations, other places around the world that do not do it as safe and as environmentally friendly. we lead the world in carbon reduction because of innovation, not regulation. so it's a blessing that we have this natural resource. it is, it is reliable unlike renewable. we're for all the above. but this administration has

taken an all-out assault approach on fossil fuels. and it's the, again, adding to the layers of burden and cost to our country and a big, big drag on our economic recovery. david: congressman, we mentioned jobs, energy. you just talked about briefly the border. i know it's a great concern to everybody in texas, all the border states. we had hhs secretary mayorkas talking in front of the senate yesterday. he got some pretty strong pushback from a couple of republican senators. want to just play that tape and get your reaction. roll tape. >> i know you're in a state of denial, but let's go back to my chart here. this is president biden's inauguration. here's the surge. there's the surge. and it is undeniable, and yet you are denying it. >> what i find astonishing, mr. chairman, is that we have the secretary responsible for securing our border and our immigration system who doesn't recognize these charts as being a problem. and there are human beings

behind these numbers. and he's not saying, hey, we've got to make some changes immediately. i find that extraordinary and extremely damning. david: apologize, i said hhs, that's dhs secretary mayorkas. he came out with with numbers that just didn't fit the facts. and when he was shown that graph that shows this enormous spike in the number of illegal immigrants coming across the border, he had no response. again, this administration seems to fixed on these theories and these policies that are unrelated to what's happening on the ground, i'm just wondering when they're going to wake up to that. >> well, i think you made the right call by not calling it homeland security, because it's nothing of the sort. they're not securing our homeland. they're not protecting our sovereignty, prioritizing our citizens' safety and public health. and the folks in -- i can tell you this, the folks at the

border in communities along the border in states like texas feel abandoned by their federal government, and they feel hike it's a constitutional crisis -- like it's a constitutional crisis because the first and most important job of the president and their government is to protect them, is to provide for a common defense and to faithfully execute the laws of the land. secure the border, enforce the laws. it's not difficult. but not only are they not doing that, they're rewarding the behavior, the illegal behavior of folks coming into this country uninvited and undercutting the folks who are trying to respect the process and our laws. so it's a pretty pathetic situation, and i agree with senator romney, it's damning to this administration and their priorities. david: we have to run, but just in ten seconds when you hear secretary mayorkas say that the borders are closed despite all the evidence, what do you think to yourself in. >> i -- to yourself in. >> i think he has the worst case of suspended reality that i have

ever seen if that's what he truly believes, or he's being disingeneralsous with the american people. -- disingenuous with the american people. david: congressman, appreciate it. masks off back to school, but some states are making their own rules. we'll tell you what those are, coming up. ♪ ♪ please don't stop the music ♪♪ ♪ ♪ (upbeat music) ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪

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face on the same day that the cdc did an about face on mask guidelines. countries dense? joining us now is -- coincidence? joining us now is inez stedman. it's kind of interesting that this guidance came at the same time as the cdc mask guidance, no? do you think it's coincidence, happened at the same time? >> it's a coincidence on the order of everybody reading the same internal polling telling them their positions are extremely unpopular with the american people. this is a bunch of gaslighting pile of manager i cannot say -- something i cannot say on tv, this about face from randy weingarten who has been responsible for keeping public schools in america closed long after all the european countries had opened them and nearly all the private schools had opened safely. this really takes the cake, the statement from randi weingartening. david: also after they have

received a boatload of cash from the federal government because of all their connections with the biden administration. just in the last, in the last covid bill there have been three big covid bills which they received this money. but just in the last one they got $126 being for k-12 education which doesn't go exclusively to the unions, but it trickles down to their union members, $126 billion -- do you think that somebody reminded randi weingarten yesterday or the day before, look, we gave a lot of money to you guys, you owe us one, time to say you're going to open up in september? >> we shouldn't have to bribe the teachers union to open up cools and do their jobs. you're right, we've thrown a huge amount of cash at this, and by the way, most of that money will not be spent by then 'em of this year. in fact, there will be more money spent in 2026 than there

will be in 2021 from these relief bills. i.e., it was a huge grant to the teachers union, a big ride that has nothing to do with reopening schools. but you know what? no one has been a bigger advocate for school choice this year which which is exploding in states. we have more than 30 bills, already have several great new programs. 2021 is the year of school choice, and for that, we can thank randi weingarten. david: yeah. they're kind of shooting themselves in the foot. there's also the question of what goes into the schooling once the school's open completely. they're still stuck on the critical race theory, the 1619, is that going to change at all, or are they stuck on that in randi weingarten has come out and said, oh, it's great stuff. >> oh, that's not changing. instead of working on the achievement and learning gaps they created by up necessarily -- unnecessarily keeping schools closed, instead

of working on those important gaps, they're going to be going full on, on critical race theory, the 1619 prompt, as you said -- project, as you said. it is a way of fighting back against a system that has made it incredibly clear for the last year and now as kids are finally returning to school in the curriculum content that it doesn't care what parents' opinions are. it doesn't have any, you know, interest in listening to parents or families that have all the interests for the adults in the system. david: they're our children, and it's our money, we should have the choice. inez, great to see you. thank you so much for the work you do. coming up, violencing in the middle east continuing as israel deploys reserve troops ahead of a possible ground invasion from gaza. we will have a live look at the israeli/gaza border coming next. ♪ ♪

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♪ david: so israel is preparing for a possible ground assault to stop the shelling that's coming from gaza. trey yingst is live in israel, gaza, right at the border there. trey, what's the latest on the possibility of this assault? >> reporter: well, david, good afternoon. intense fighting erupted overnight as israel launched both a ground and air assault against factions inside gaza. according to israeli media, 450 bombs and shells were dropped into the gaza strip, many of them targeting hamas tunnels. the trunks is widespread. -- destruction is widespread leaving thousands of people homeless. the palestinian death toll is now more than 120 though that number is expected to rise. on the israeli side, artillery units continue to shell different positions. sirens blared throughout the morning amid incoming rocket fire. so far there have been orders

given to prepare for the possibility of a ground operation, but those preparations are underway. troops here along the border waiting with great anticipation to see if they will actually have to enter the gaza strip as both sides are preparing for days of fighting that could be ahead. david? david: thank you very much. appreciate it. well, medina spirit is set to race at the preakness tomorrow. how will the doping chaos impact his odds for that race? details coming next. ♪ ♪ that building you're trying to buy, - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you see it. you want it.

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♪ david: so can he win the second leg of the triple crown? despite failing a postrace drug test following the kentucky derby, medineing that spirit is allowed to race in the preakness stakes -- that's tomorrow, a beautiful day -- lydia hu's already decked out and here with the latest. good to see you, lydia. [laughter] >> reporter: hi, david. medina spirit is actually the favorite in tomorrow's race. you know, maryland -- decided he could race after an agreement

was reached where the horse will have to undergo three tests, the first results were posted yesterday. they werehe results of the remaining two tests expected to come sometime today. now, with a record $100 million wagered in the preakness in 2019, it's not just the victory on the line, racing insiders say they're disappointed about the turn of events and say it undermines the credibility of the sport. listen. >> i think a lot of people think that horse racing is dirty and crooked to begin with, so i don't think anybody's that surprised they have another controversy. >> reporter: now, another issue that is hanging in the balance here, david, is the derby victory for medina spirit. you know, they're doing a second test related to that derby victory, and if that second test comes back positive, then medina spirit will be stripped of that kentucky derby win, and it will be handed to the second place

horse. we don't know when those results will come, we expect them in a couple of weeks. now might see some spectators, you know, gathering around on the apron just behind us on the outside of the track, some of them wearing masks, some of them are not. pimlico e still enforcing a mask mandate here despite the cdc guidance about vaccinated individuals not having to wear masks if they're outside. still everyone has to wear a mask unless they're eating, drinking and the facility is enforcing that. when i entered here today the, i wasn't wearing a mask, and they insisted that i put one on. david: by the way, medina spirit is the 9 to 5 favorite in tomorrow's race. those are the odds right now. good to see you, lydia, thank you very much. meanwhile, the dream midtown hotel located in new york city's theater district which, obvious, has been closed for more than a year now reopens today. not the theater district, but the hotel. joining me now is group ceo jay

stein. jay, great to see you. how far away are you in terms of reservations from where you were before the pandemic? >> oh, well, in new york city -- anyway, david, thanks for having me on. david: absolutely. >> here in new york city we're still a long way, probably 60, 70% off -- david: wow. >> -- from where we were this time of year. david: incredible. since reopening, what are your policies going to be? we were just talking to lydia about the policies at the racetrack. what are your policies with regard to masking and with regard to vaccines many. >> so, you know, these changes only just came out yesterday, and so we're in discussions with the american hotel lodging association, with other industry associations, some legal advice as well. but for now, everything's staying the way we've had it where employees are wearing masks, guests are asked to wear masks in the hotel except for

the food and drink areas. i do expect that -- [audio difficulty] i'm excited about the scientists saying it's safer, and we're going to be hopeful that that's acceptable in our industry very soon -- [audio difficulty] finish. david: of course, a lot of it depends on governor cuomo. he's not the most popular man in new york right now. have you been in touch at all with the governor's office about this? [audio difficulty] >> sorry -- [inaudible] david: yeah, we've got some heavy wind blowing. i'll try to repeat it, we'll try it once more. jay, have you heard anything from governor cuomo's office about when they're going to accept the cdc guidelines? >> we're just so thrilled to

have the -- [inaudible] welcoming back our employees. we've got employees that have been furloughed for over a year at this hotel -- [inaudible] hollywood, l.a., miami, all those hotels are making great progress, so we're excited about the changes -- david: all right. >> [inaudible] david: jay, we're going to have to cut this short because, as you can see, the wind is blowing the flags in a beautiful way, but unfortunately, it's interfering with our ability to hear jay. we wish him the very best as we do all the hotels, and particularly the theater district. meanwhile, unmasking americans, as many get ready to ditch their masks, why some states you might not want to throw those masks away entirely. not just yet anyway. details to come. ♪ ♪

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david: welcome back to cavuto "coast to coast" i'm david asman in for neil cavuto. stocks are on track to close out the week in the red despite these spectacular gains that we see in the bottom right of your screen. the nasdac is on pace for its longest losing streak since august of 2019. some of the top headlines we are watching this hour, a return to

normalcy, almost, for the 35 million americans who are fully vaccinated, why some are questioning the timing of this cdc decision, and whether it really was a cdc decision, and then today is expected to be the worst day for the fuel shortage in some areas of the country why some government officials are fearing there may be more attacks yet to come, and is the housing market about to favor buyers, the new data showing we could be hitting a peak in home prices. well, the cdc may be easing mask guidelines but some governors are taking a pass in keeping their mandates in place. grady trimble has more from chicago. hi, grady. reporter: hey, david as you know the divide between republicans and democrats was already pretty stark as far as masking goes, and even before this guidance came from the cdc yesterday half of the governors in the united states already lifted or loosen ed mask mandates. most of those governors were republican and for those states

who hadn't made a decision on lifting those mandates once the cdc guidance came down, some of them immediately changed their guidelines to align with the cdc, but take a look at the map there. a lot of them still haven't. each of the governors and mayors in these states and cities, many of them blue states and cities, say they're taking a look at the cdc guidance but are not adopting it just yet. our bill hemmer pressed the white house covid advisor on why the white house isn't doing more to encourage those states and cities to make the change. >> the cdc is going through all of its guidance now, summer camp s, businesses, travel, et cetera and over the next period of time, they have thousands of pieces of guidance out, they will update all of their guidance. reporter: so we await those updates. another place where masks are still required is in the house of representatives. house speaker nancy pelosi says even lawmakers who are fully vaccinated must wear their masks at all times except when they

are speaking. she's facing pushback from republicans who say that this guidance from the cdc already came too late and now that we have it the house of representatives and congress should make changes as well to remove masks for those who are vaccinated. david? david: grady thank you very much. well, the white house is now facing questions over revisiting the keystone pipeline, in the wake of the colonial pipeline hack. blake burman is at the white house with the very latest. blake? reporter: hi there, david. we have seen over the past week what could potentially happen if you take a major oil pipeline offline, it has led many to wonder whether or not the white house might potentially reconsider its position regarding the keystone xl pipeline, ending that one of the very first actions that president biden made when he came into office. there was an event earlier today between the washington post and the department of transportation secretary, pete buttigieg. the secretary was asked about this and suggested, at least, that the white house will not be changing its position.

watch here. >> really, an apples and orange s when we talk about the consequences of a cyberattack on one pipeline, versus the idea of introducing another one which the president kept his program us that he didn't think that was a good policy, and he acted to keep his promise when he took office. reporter: so, he says the comparison is apples and oranges. there are many republicans though here in washington who do not feel that way. for example, the top republican in the house, kevin mccarthy tweeted this week, "the colonial pipeline crisis shows we need more american energy to fuel our economy, not less, but the biden administration has already canceled the keystone pipeline and paused oil & gas drilling leaving our energy supply more vulnerable to attacks" but as you heard there from the secretary over the department of transportation , david, does not appear as if the administration will be revisiting that position david: at least from him. apples and oranges, by the way, it's a pipeline, and it's a pipeline. it's not apples and oranges very different. blake, thank you very much. our next guest says this attack

was not just economic terrorism carried out to dupe colonial pipeline out of $4 million but also economic terrorism carried out against many mid-atlantic states. virginia petroleum and convenience marketers association president and ceo michael o' conor joining newly-released now. what makes you think this is more about $5 million? >> well, we haven't had this kind of situation since 1979 and you really had to look for people who are waiting in line who really are fearful that they would not be able to continue with their daily activities to go to work, to go to the store, to bring the kids to school, and for two days, people's lives were really severely disrupted for the first time in a generation. david: now the hackers themselves, of course we don't know exactly whose behind them, whether they're affiliated with government or not, government of russia, but they sent out a

note, i think it was on monday, either monday or tuesday, saying that they had no connection with any government. now, nobody had asked them that question, and it made me think, when somebody answers a question that hasn't been asked, usually, they have the opposite meaning. in other words i'm wondering if, in fact, they really were operating at direction of the russian government. what do you think? >> well, you really have to look at that, because while this was cyber terrorism, the end result was really, in fact, inflicted upon the people of the states that were impacted particularly here in virginia and as i just mentioned before, we haven't seen that in decades, so the fact that there is some vulnerability, whether it's be cyber or whether it be physical to this pipeline is obviously very key to the economy of our state and to the businesses that i represent. david: and i don't want to encourage any sort of mischief

out there, but at the same time, something that would affect billions of dollars worth of commerce, when you think of all of the people that were affected by this , three or $4 million ransom? i mean, it just seems like there was something much more than that ransom involved in what the hackers were doing. >> well ordinarily when you have a disruption like this , it's weather-related whether it be a cold weather event or a hurricane or something like that, and you have a bunch of time to get ready to fill up the stations and fill up the transports, to fill up the bulk plants, and in this case, this occurred in really the blink of an eye last friday, so there wasn't that opportunity and we also had demand has been down about 10% because of covid. we weren't in the middle of the summer driving season, so, it was a vulnerable period last friday when this thing occurred. david: how much has this changed the supply lines? it's not, we say it's focus and it is just focused on the east

coast right now, but you know, what happens on one of our coast s eventually ripples down throughout america. has it affected or will it affect supply lines throughout the nation? >> well, many parts of the country can get their petroleum supplies through ports we do not have that option here in virginia, so i would say that perhaps we're more vulnerable than some other states than others that do have that water- borne option. david: what about switching from pipeline delivery to the truck and train delivery? for one thing it's more dangerous i understand, but for another thing, is it conceivable that they can fill in the gaps or are we going to have these backlogs for weeks to come? >> well, you know, we're very resilient industry and we had members as early as tuesday, going to alabama and ohio, sending their own trucks there, in lieu of the pipeline and filling their stations and

customer stations, so it's always an all hands on deck effort when you have something like this and hopefully it's not going to be occurring anytime soon. reoccurring anytime soon. david: we got to jump but i just have to ask a final question. it does kind of play into the hands of the people who were really anti-carbon energy, particularly ones who were against it because they favor electric cars rather than gas cars. do you see any kind of lack of concern or maybe even glee on the part of some environmental it'ses who are saying good, this will push people away from gas cars. >> well, i think we have to remember those people with the teslas and how they are being charged overnight and where they are coming from and large part is coming from fossil fuels. david: that's a terrific point, michael, and it's something that hasn't really been thought out in depth by a lot of the people demanding the end of fossil fuels. michael o' conor, great to see you thank you very much for being here appreciate it.

well president biden not saying if he knew colonial pipeline officials paid hackers, the reported $4 million, to get pipeline back online. let's get reaction from the hill , editor in chief bob cu sak. bob great to see you. is there any indication, i mean, we had that no comment from the president yesterday when asked if the white house had worked in tandem with colonial to pay off these hackers. are you doing any reporting on this , gathering any string on whether it happened? >> i think it was a very unusual pipe of response from the white house and the president. usually, the president will comment on most anything, and it's interesting that nancy pelosi said this week, no, they should not be, these companies or these hackers should not be paid millions of dollars, because obviously, it's a big win for them, and whether it was government-related, i tell you one thing, david. russia and china and north korea are all taking note of this , and remember what jay powell

said, the chair of the federal reserve. what keeps him up at night? cyberattacks. david: absolutely, and by the way, the number is not clear , we just are getting word that 75 bitcoins were arranged, that comes into about $4 million , a little less than $4 million, of course the price varies. that's a lot of money $4 million , but when you think of the potential of the multi- billion dollar disruption that this caused when you factor everything in and the tens of millions of people that were affected by it, $4 million seems again, it just seems like something that might have been manufactured by a state agent, namely, russia. >> right, and it's always a tough call whether you're talking about this situation, whereas you say, this could have done incredible damage to the economy, far beyond what's already been done, and you're dealing with hostages. you really, you want to solve

the situation and clearly, this company wanted to solve the situation, but going forward, it is a terrible precedent and it's just a tough choice, and there's no easy answers. david: it opens a pandora's box it really does, and the question is whether we can get the genie back in the bottle and i'm mixing metaphores all over the place so i better move on to masks. let's talk about something simple. president biden touting the cdc guidance as a green light for the white house lifting its mask mandate for staff and visitors who are fully vaccinated, but where is this guidance coming from? now, we had andy slavin, one of the white house covid czars, bob , but we had him talk to bill hemmer earlier this morning on fox news. here is what andy slavin said when hemmer pressed him on whether or not the white house was pressuring cdc. listen. >> if the cdc guidance is what it is until it changes there's no inbetween guidance. if they wanted to do this politically conveniently,

wouldn't you have done this before the hearings if you didn't have to take the tough questions rather than after? the cdc is always going to be criticized as being either too fast or too slow. usually at the same time by the way but their job isn't to be popular. they try to follow the science. david: slavin is claiming the white house had nothing to do with this decision, do you believe that? >> i'm sure they are in communication. as far as how much pressure the white house was putting on cdc, i'm not so sure, but this is either about the science or it's about politics, and certainly, i do find it confusing that some of these states are not following cdc guidance, especially coming from a democratic administration and we're talking about mostly blue states. i also think, you know, humans are creatures of habit and we've gotten used to masks for about a year and it's going to take a little time before we take them off. but it's good to see restaurants going back in business now. david: that will be the key, what happens inside a restaurant and hotels for the business side , but you hear all of this talk about well, we are

following the science, and that's what differentiates us from the trump adminitration. at some point, you have to decide, the cdc has been all over the place, so has dr. fauci , you had panic on the director of the cdc a couple of weeks ago saying that doom and gloom is coming and she was dead wrong on that, so, at some point, don't politicians have to step in? and at the risk of disagreeing with some scientists, make a decision. >> yeah, and you know, you talk to members of congress, and they used to think cdc was the gold standard, and now, i mean, the reputation has taken a massive hit of how they dealt with this , and mixed messages, and it's a funky virus and very difficult but we have seen a number of people, including fauci in the beginning of this downplayed it in january , not this year but the prior-year was saying americans shouldn't worry and then said at first don't wear masks but it has been something that has been difficult to get a

handle on, and i think it's hopefully, we've gotten a bit of a handle on it in the 15 months. david: but let me just finally revisit this , which is that donald trump was criticized harshly for not always agreeing with the scientists that he was surrounded with but haven't we seen over the past couple of months that the scientists themselves disagree with each other, have different opinions on all kinds of things, whether it's climate change, or whether to wear a mask or not, and that some point, you have to have an elected political leader make a decision, decide which scientists make the most sense. >> yeah, and david, whether it's the president, the prior one, or this one, or members of congress, you can't, i think what this lesson proves is that you've got to do oversight and question the scientists because along the way, they were wrong. david: that's right it's that simple. bob cusak, from the bill great to see you, bob thank you very much for being here. coming up the demand for second homes surging, as americans are

on the move, ashley webster with yet another tough assignment in florida, look at that guy. believe it or not, he's working , ladies and gentlemen. we'll find out how hard, coming up. >> ♪ ♪ ♪ ♪ (vo) while you may not be running an architectural firm, tending hives of honeybees, and mentoring a teenager — your life is just as unique. your raymond james financial advisor gets to know you, your passions, and the way you help others. so you can live your life. that's life well planned.

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david: well americans increasingly on the move, seasonal home prices now up 19% year-over-year, while the number of buyers who secured mortgage rates for second homes shot up 128% since last march. that's extraordinary. ashley webster has very tough duty today. he is in windemere, florida, and yes, you are on a boat, right? and you are working, right? ashley: i am. i am working. it's a grind, david. someone has to do it and i've decided i'm the one whose going to volunteer. you're absolutely right. it is a red hot real estate market. we know that, but as you just said, a massive increase in the number of mortgages being given on second homes. this house, right behind me here , just over 2.5 million, just sold. the market again whether it's

your primary home or your secondary home is suffering from a lack of inventory. that means prices are going up, but, more and more people who have been couped up for the last year and have been able to work from home saying let's get a second home. give us a choice, get out of here, and so when you look at some of the pros, where we have record low mortgage rates, we have escaping of crowded cities, two good pro points and a potential for rental income. but what about on the con side? well make sure you can actually afford it, in your want to get out of the city, think about it. your costs will be doubled you'll be paying twice for everything. there are some tax issues you'll get some breaks but then you won't on other issues so you have to have a tax professional go over it with you but also is it a good investment? it could be but then look what happened before the housing crisis so you have to really think through what you're doing. i want to bring in if we can lee goldberg, of coldwell banker,

he's very kindly been giving us a wonderful tour around these lakefront homes and lee, you're right in the middle of this. how hot is the market especially for people looking for second homes? >> never seen anything like this , been over a decade, been in this business and it's absolutely unreal right now, and today, we have buyers in town from detroit. they wanted to come in today, fly out today, go to contract with something and that's what we're seeing a lot of people saying hey i need something different. ashley: is that the main reason are they looking to get out or looking just for an escape or are they moving here permanent ly in the end? >> a lot of people are saying i want to kick the tires and let me see what i can happen is this something i can make that could be sustainable if i can continue to work from home why not work from paradise where we're at and no state tax, less traffic, no snow, there's so many reasons why people are doing this right now. ashley: how does that sound, david, no state income tax? it's a huge dream. david: it's a dream. it's a dream. ashley: it is. david: by the way we have to

add 12% to everything we do in manhattan. it's a 12% tax that we have in manhattan, and to imagine an extra 12% income is, by the way, it's also a dream what lee is doing is a dream to a lot of realtors in new york and chicago, we would much rather be showing people around on their boat than they would going through the snow, et cetera. ashley: it's a tough life. david: it's a tough life for you as well, ashley, but we wish you the best. well, new data showing median home prices still going up, but at the slowest pace in seven weeks. to national housing conference ceo david dworkin. so david i'm wondering if the pandemic effect, what ashley was talking about, on housing is tapering off a little now. >> i sure hope so but i'm not betting on it. housing price supplies are absolutely through the roof, and last time i was here we talked about lumber prices up 200%.

they are over 350% now. david: i was going to say it's now over 300% and it's not just lumber, it's prices for the plumbing fixtures that go in, because all of the metals , copper and stuff, so what happens? eventually this comes down into affecting the price that you see for your house. has that already happened? has it already been worked into prices? >> oh, absolutely. we're see seeing double-digit increases in 90% of the markets we look at, and it's just completely out of control and if you're looking for an affordable house, a house that the average middle income family can buy, those under $400,000 homes, well they're also just through the roof, and there is not enough supply. that's the big issue that's driving this is supply and demand. we know demand is way up, but supply is down, and we've got to get those in balance. david: now one thing that may hurt demand, besides the end of the pandemic and people moving

out of cities, is the fact that interest rates maybe going, i'm sure you're really single- focused on those interest rates. so far, the fed has been buying up bonds, government bonds, for all of the spending and trying to keep interest rates down, but if interest rates really begin to pop, won't that be a real crimp in the real estate market? >> it will definitely have an effect across the economy. it will certainly have an effect in the amount of houses that any individual can afford, because we think about a 13% increase in the cost of your monthly payment for every percent your rate goes up, and so the other thing we need to remember is that one in five americans weren't even alive when inflation was over 5% you know, old folks like me, remember the 16% mortgage but even another three or four points is going to be quite a shock. david: it is, and brother, i do remember when they were 16 or

17%, luckily i didn't have to buy a house at that time. it came much later in my life, but we don't want to see that again, and if that happens, would you think that a housing recession would happen? >> i think it all depends on supply. i think it will definitely take some of the froth out of the market, but it's going to depend on how high rates go, and we still have an enormous need for supply. david: we do. >> i think we'll have a very different experience than we have in the recent past, and but there's no new paradigm. i think we've learned that lesson the hard way. david: that's right. there's no crystal ball, telling you what's going to happen. david dworkin great to see you you explain things so well. thank you for coming in. well, pain at the pump continues to rock the southeast over 50% of gas stations in multiple states are seeing fuel shortages , of course supply and demand, when you have shortages, that means the price goes sky high, will these high prices stay through memorial day

weekend travel? details, coming up. >> ♪ ♪ ♪ ♪ ♪ ♪ (upbeat music) ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪

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>> i'm just hoping there's gas that i can work the next couple weeks. >> i'm losing money because i can not deliver. i can start doing deliveries, from the bike. >> i looked everywhere. >> nothing we can do. i think they are raising up the prices because again, the tax system. david: it is tough, folks. the fuel crisis gripping the southeast as states rush to find gas, and prices keep soaring. fox news correspondent steve harrigan is live from atlanta, georgia, with the latest on all of this. steve? reporter: david the pipeline is

operational, but it hasn't made much of a dent across the state of georgia where still 50% of gas stations do not have fuel situations even worse in north carolina, that number tops 65%, and washington d.c. at more than 88%, it's affected the price too , average national price for a gallon $3.04. that's up about $0.10 over the past week and when you talk to people at the pumps, you really hear a mix of anger and confusion. >> i think having our infrastructure completely be unprotected from cybersecurity is ridiculous, and we're decades behind most other countries. we really need to, you know, having critical pieces of our infrastructure just connected to the internet without moderate security systems like what do you expect is going to happen? >> what do you think caused

this? >> [laughter] vladimir putin. yes, definitely. you think the russian government is behind this? >> most definitely. reporter: the biden administration says they expect the supply to be back to normal within a matter of days, the governor of north carolina, however says it could be two weeks before all the snags are out of the system. david, back to you. david: it takes time to get all those snags out of the system steve thank you very much for that i appreciate it. well the colonial pipeline hack comes as the biden administration pushes for clean energy sources, and one brewery in washington d.c. has embraced that challenge, hillary vaughn is there at the first solar powered pub in the nations capitol. hillary? reporter: hi, david well this is the only solar powered brewery in d.c., but the u.s. actually leads the world in most brewer ies that are partially powered by the sun. my photographer, harvey, is going to show you guys around. i did talk to their ceo, justin cox this morning and he tells me he decided to make the

switch in 2015 and he says he saved about 35% on his energy cost every year. >> you get not only the benefit of the cheaper electricity the green energy that you're generating but you also get solar renewable energy credits which you can sell on the market and i think we would probably still need a utility hookup, just for some of the larger equipment and to get it through the times we don't have sun out. reporter: but they still do need natural gas to do some of the job. they need to power their boilers to boil what they call water before it becomes beer but this small business, david schweikert exactly what president biden through his green energy goals wants the rest of america to look like but right now that means using a ton of local and federal taxpayer cash to cover most of it. d.c. is the most generous with taxpayer cash to fund green energy goals. tax credits cover at least 87% of the total cost which means a $20,000 installation could only

cost someone $2,500 but taxpayer s are picking up the rest of that tab. the biden administration wants to reach netzero carbon emissions by 2035 but sun power also has a dark side when it comes to supply, because going solar means that china right now be the biggest winner, something biden wants to change, but he has a long way to go. the u.s. solar industry right now has to import 80% of their supply, from other countries, china, of course is the leader in that, but also, david, one benefit to being solar powered is it brings in business. i talked to justin today and he says that they advertise solar powered beer on their cans and he says some of the customers come in just for that. david? david: hillary, thank you very much. there is an overall question here. is president biden's war on carbon energy, as good as solar powered brewery could be? does it end up being a war on everyone? let's get reaction on all of this from national taxpayer's

union brandon arnold and wealth management president aaron gibbs good to see you both. aaron, first to you. you kind of wonder whether the so-called progressives, because some of their policies seem more regressive than progressive, really have the best interest of the common person in mind. i mean, i have a picture that i took the day, a couple of days after the election on november 7 , 2020 of gas in new jersey, $2.01 a gallon. now it's over $3 a gallon, and that's just in a few months since the election. i'm wondering whether or not some of the hard green people, the aoc's, the bernie sanderses are sort of glad to see these prices go up no matter how much they hurt the common man because of the fact it pushes folks into the green solutions, so-called, the electric cars, et cetera. what do you think?

brand brandon can hear me, erin can't, what do you think, brandon? all right, my mic has to go to our guests, is that working at all? brandon, can you hear me? >> yes, i can hear you. david: okay, brandon, i don't know if you heard my story but i was just talking about rising gas prices and how that hurts the common man and i'm wondering whether some people who push the super green policies are happy about that. >> i think it's a little concerning right now what's happening across this country but particularly in the southeast where there's fuel shortages where people are afraid they aren't going to be able to fill up their tank if they are running on empty so hopefully that's resonating with the left and folks in this administration because right now, they put together an infrastructure package that spends trillions and trillions of dollars but it points in the direction of electric vehicles and things that they'd like to see happen down the road it doesn't address the needs of people today, that are driving

gasoline-powered automobiles and are scared out of their minds. david: but erin, the people today, who are being affected by this , of course it's basically just on the east coast but it's going to affect the whole country, the oil prices have been going up since the election , as my picture on november 7 showed, clearly. so, aren't people now beginning to react negatively to this so-called green solutions? okay, erin is still not here. let's focus on brandon then, what do you think about that, brandon? is there a pushback for the common man? >> there's going to be a lot of pushback from the common man. everyone's not ready to rush out and buy a tesla right now and building green infrastructure is a great idea, maybe 10 years from now, but today, people have real needs, and we can't be spending trillions of trillions of dollars, we have a $28 trillion national debt already. we're in an economic crisis with regard to our debt. we're starting to look more and more like italy and greece in

terms of our finances, and yet, we want to spend money on things that maybe beneficial down the road, instead of addressing the real american needs that we're facing today. we're not addressing those in this infrastructure plan. we're spending more on ev than we're spending on roads, highways and bridges and airports and things that people depend on. david: the other question is how we pay for it. the president claims that raising corporate tax rates is going to pay for the entire thing. corporate tax revenue amounts to only 7% of all of the tax revenue the government comes in, with that 7%, i think it's about 200 billion a year, they plan to spend on trillions and trillions of dollars worth of programs. it's just not going to make it, right? >> yeah the math does not work. i mean, let alone then the problem we have a higher corporate rate than canada, than china and uk and almost all of our international competitors but here is what i think really hurts. when you raise corporate taxes, about 70% of those tax burdens fall on everyday workers that

means fewer jobs, it means lower wages, so it's not the c suites that are paying this higher tax bill. it's everyday americans and that's what should be really concerning for people right now. david: brandon the other thing that concerns a lot of folks particularly small businesses they can't find the workers for the positions they have, their 8.1 million unfilled jobs available out there, a lot of people say because of the extra benefits workers are getting from the feds, and cecelia the director of the council of economic advisors was implying that's not really a problem today. she was talking about how the job, the extra jobs are a good thing because it's going to force workers to increase the minimum wage, but you'd have to increase it over $20 an hour in order to match what the federal government is giving out and a lot of these small businesses can't do that. >> yeah, that's absolutely right. it's easy to say just raise your wages, and that's, in fact, what

many small businesses are doing. they are paying $50 just to come in and have somebody interview for a fast food position or $200 if you stay on the payroll for a couple weeks washing dishes, but the fact of the matter is, these small business owners are still trying to crawl out of a recession, a pandemic fueled difficult period of our economic history. it's very difficult when these businesses were hanging on by a thread or just trying to make it, all of a sudden have to dedicate a significant amount of money toward paying their employees, let alone the higher taxes that we're going to potentially be seeing from this administration as well as increased mandates, saying that everyone's going to have to provide sick leave to people, even businesses that have as few as 15 employees. that's crushing for a small business. david: it's going to put a lot of them out of business and just leave it to the big corporations i mean, this is the most anti- small business administration that i've seen in my entire lifetime. the big corporations are doing just great. look at silicon valley.

they're pulling in money hand over fist, but not the small guys. brandon, thank you very much. brandon arnold, i appreciate you being here and our apologies to erin gibbs. i'm sorry we had those problems getting your earpiece working, meanwhile, ford says louisville assembly plant, which builds ford escape is going to halt production week of may 24 because of chip shortages. we've got more "coast to coast" right after this. >> ♪ ♪ ♪ ♪ it's a thirteen-hour flight, that's not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position.

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governing themselves. charlie gasparino has that story what are the details here charlie? charlie: you know i don't want to give people or companies excuses for going totally woke as we've been seeing that lately that's where they're going with massive disclosures, you name it they are all over the place and preaching progressivism outright one of the reasons why they are doing is because they fear regulatory action from the securities and exchange commission which is wall street 's top cop and what we're hearing from sources close to gensler, is that he is, in fact, mounting a crackdown on whether companies properly disclose the sort of soft issues known as esg environmental social and governments, diversity, do you do enough to protect the environment? how are companies disclosing that and are those disclosures accurate? and he's what's fascinating about this , david, is that he's what i understand, he is starting cases, enforcement cases, around these issues concerning corporations, he hopes to bring a few cases to

set sort of a marker down on what you should do and shouldn't do, in terms of disclosing and adopting these socially- progressive policies, and securities lawyers, who i'm hearing this from who have been hired by companies say that it's a new phase at the securities and exchange commission. this was obviously not done during the trump years, under jay clayton. he has, gensler has made it clear, he believes this is an issue that the sec should push. he got into a way during this confirmation hearings with senator poot toumey and we do have a call into his office and we're waiting for comment but this is going to be really interesting as this develops, david. never before has the securities and exchange commission taken this much of an aggressive stance on these sort of woke progressive issues, forcing them on companies through essentially enforcement actions. we're not even talking about starting new regulation, let's start bringing cases against

people, and saying it's securities fraud if you don't say how many, you know, certain people on your board, how many, how much you can serve gasoline. i mean, some of this is absurd because david, these are hard. i mean these are sort of amorphi s issues. david: it doesn't have much to do with the fiscal responsibility. no, no, listen, this is an issue you'll be talking about for probably months if not years to come. charlie: this is not a story to do in two minutes. david: but the bottom line as you said the bottom line is a lot of people look at what's happening with corporations and say its woken up, it's woke too much when you see what happened with the georgia law, et cetera. charlie: how do you say something is securities fraud if it's a disclosure about, i don't know, corporate diversity? it is so bizarre, but we'll see how it goes it's going to get pushback. watch this. david: very interesting stuff that deserves more and you'll get more opportunities to talk about it, i guarantee it, charlie gasparino, thank you very much. well after the break, you want

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david: president biden giving the green light for millions of

americans to ditch the masks, but new york governor andrew cuomo saying not so fast. let's bring in new york post editorial board member kelly jane torrence and new york city council minority whip joe borell i. just when you think you're out you're pulled back by people like governor cuomo. we finally got word yesterday no masks and then cuomo saying no, no, we still got the mandate. you think of everything this guy has been through with the first of all, the deaths of all of those nursing home people because off this edicts, secondly, this alleged attacks on women, and then using the staff for his book, for his $4 million book deal. hasn't he lost all credibility? >> he has, david. he really has, and i confess i thought his grandstanding be over once president trump left office. you know, governor cuomo made a similar remark when the vaccines were approved late last year. he said that he needed to look

at the science himself before he'd let new yorkers get them. now, he's saying he and howard z ucker, his health commissioner need to examine the science before following the cdc. these are the two responsible for that nursing home you mentioned that sent covid- positive patients into the most vulnerable population of new york. it's incredible to me that he thinks we're going to trust those two on the science. it's just mind boggling. david: everybody's focused for good reason on what happened with the nursing homes, very good reason but there is another effect pushed by governor cuomo, and with the agreement of mayor deblasio and the city council of new york. the so-called bail reform, reform is the wrong word to use. it's exactly the opposite of reform because it allows hardened criminals, violent criminals to have turnstyle justice arrested one day later that afternoon, they're let out again and as a result you have the streets littered with violent criminals.

isn't that where we should be focus focusing our attention turning that so-called bill reform bill around? >> right and it's hard to ignore the statistics that justify why it needs to be changed and amended. look, nobody wants someone arrested for a small amount of marijuana to be condemned for their life, but when they use this term "bail reform" and try to sell it as a public good, it really isn't when a year later you have murders up over 40%, other crimes skyrocketing and in 2020, over 88% of people arrested for gun crimes and 55% of those arrested for pulling a trigger, were actually released back on to the street, with no accountability, no bail, just a appearance ticket like you'd get if you went, neil, 40 miles an hour on the street. david: what makes them stand out these criminals on the street is that there's nobody else on the street because all of the offices are closed, so i mean, if you have to commute by foot, it's a very

dangerous situation. i want to switch to something a little different, getting shake shack for a shot in the arm. mayor bill deblasio tempting new yorkers with free burgers and fr ies if they get vaccinated watch. >> did you say free fries when you get vaccinated? >> some people love hamburgers some don't, really want to respect all ways of life but if this is appealing to you think of this when you think of vaccination. vaccination. david: we got, i can't take much of this. i got to tell you, kelly jane, there's so many things more important. what's he doing, quickly. >> david, i try not to laugh too hard. i've seen it a few times and it's still hilarious. there's still some vaccine hesitancy. i'm not sure giving people a free burger or free fries is enough to do it. home healthcare workers for example, are getting vaccinated. david: i'm sorry, we're losing kelly jane, but i've got to ask

you quickly, joe, are you going to run for mayor here, because we need somebody serious in that job to fix these situations, quickly. >> well, we have some good candidates on the republican ticket i think curtis lee has a good shot. by the way if the city was better off that might be the mayor we like, that's a funny guy right there. david: lord help us, joe, kelly , thank you very much appreciate it. we'll be right back. in business, it's never just another day. it's the big sale, or the big presentation.

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david: you know you'd never know it a down week because the past couple of days have been spectacular as good as the dow is, nasdac is up much greater percent wise up 2.12% right now, so the markets looking like they're going to end the day in remarkably good fashion, even though again for the week it's down, but let's focus on the positive news , let's focus on today, and charles payne, charles to you. charles: thank you so much, my friend, have a great weekend, good afternoon, everyone. i'm charles payne, and this is " making money" breaking right now you heard david talk about it major indices are up being led by nasdac being led by those beaten down growth names, and my takeaway later in the show i'm going to explain why this recent market turmoil has been great for new investors, meanwhile, the economy will remain strong but not as strong as wall street thought, and this helps jay powell and the fed, plus, the new guide to fed reminds me of john wayne and i'll tell you why i think that's a good thing