stuart: how fast can human nerves send signals. you have a choice, lauren. >> you said you were going high. i am going low. 268 mph, miles per hour? stuart: i'm going with 402 miles per hour. the answer please? the answer please? >> i guessed correctly. stuart: you were right. the answer is 268 miles per hour. i thought my nerves move a lot faster than that. >> i didn't realize we were talking miles. stuart: i'm a basket case. jackie deangelis in for neil today. , i'm jackie deangelis in for

neil cavuto today. we have a busy two hours. where do relations stand between the u.s. and china. we have a live report from bali what came out between the 3 1/2 hour meeting between the two leaders. ftx fallout. the entire industry in turmoil after the collapse of ftx. brock pierce with anyone with a stake in crypto is on edge right now. democrats retain control of the senate but the georgia runoff could have big impact. the important out come for both parties. we talk to new jersey elect congressman thomas kaine. as the control for the house is still up. we have edward lawrence live in bali in indonesia with the very latest. hi, edward tortoriello good

morning from bali from tomorrow. he was peppered with questions from the about the conversation with president xi xinping. the president had a franc conversation with the chinese president. a number of topics were not on the list. they didn't come up like the origins of covid. every member of the chinese delegation wore masks because of covid. also not on the list the russian oil price cap. president biden: we had an open and candid conversation about our intentions and our priorities t was clear, he was clear. i was clear. that we'll defend american interests and values, promote universal human rights and stand up for the international order and work in lockstep with our allies and partners. reporter: so the meeting lasted three hours with a 25 minute break in the middle. in the dueling readouts the chinese say that the current relationship is not in line with the interests of the two countries. the president, president biden making the point china must work with the u.s. to make the transition over climate change.

he brought up human rights, non-market economic practices that harm american workers, and families, finally the need to keep the status quo with taiwan. representative darrell issa told me on friday that the president needed to show strength. >> we have a have a resolute president that lets president xi if he goes into taiwan other continues to to supply technology to kill ukrainians that will adversely the affect the relationship with us in a profound way. anything more than that will give xi the wrong impression of weakness at a time when we need to show strength. reporter: in the news conference the president saying in the election the american voters will came through. he said the vote deniers saw rejection. jackie: edward lawrence thank you for that. for further discussion on this, china expert, the great u.s.-china tech war author, gordon chang. great to see you.

i will start with the reaction to what president biden told us about the conversation he had with xi xinping and some of the specifics that edward mentioned. there seemed to be a lot missing there. >> there was a lot missing. covid-19 for instance, as edward mentioned. 1,074,000 americans have decide according to the johns hopkins coronavirus resource center. china's behavior in lying about the contagiousness of the disease and by pressuring other countryies to take rivals from china locking down its own country particularly disturbing. fentanyl, communist party is backing the fentanyl gangs. 78,000 americans overdosed from illegal fentanyl. these issues should be in front and center. the united states instead of talking about this should be imposing costs. while we talk, jacqui china continues unacceptable behavior. we do not impose costs that

could push china in a better direction. jackie: i will add to that the president is doubling down on his green agenda. worry about climate change and putting resources towards this. one of the main points i bring up when we have the conversation, we can do so many things, spend all the money we have on climate change, if china continues to pole lieutenant, india continues to pollute there is no accountability globally we have a huge issue. >> yes. we have to remember the paris accord in 2015 insenttives for china to pollute more until 2030. the accord is destructive what we're trying to accomplish. and you know, i think that president biden, as you say, you know we can meet all our targets as biden said today. it is not going to make any difference. we've got one atmosphere, china is polluting it. they're pollute iting it more and more at each moment. jackie: when you deal with a

leader like xi xinping you have red lines. i don't think they sudden be negotiated. president biden should tell him what the lines are. i'm not so sure he is that firm with the other leader. what you do think about the private conversations? >> with regard to taiwan i think the president does appear he was as firm as he needed to be. but they're are other issues there was a lot of wiggle room. we get this from biden himself talking, for instance, about north korea. we know that china has been laundering north korea's money. if there were no money for north korea, there would be no missile launches, there would be no nuke tests. china has been very much responsible for keeping north korean regime afloat and in a dangerous way. so the president needs to be much clearer about that. when we look at other things, the president was not where he needed to be on some of this. jackie: obviously you're talking about his ties, his highs to north korea. we had conversations about ties to russia.

when you're looking at all of this, if you were were xi xinping sitting back how president biden is handling different global issues, the fact that he couldn't use diplomacy to make sure there wasn't an invasion of ukraine, now we got to this point, do you think that he will seize on this opportunity feeling that biden is a bit of a weak leader to try to go after taiwan? this would be the time for him to strike? this would create massive, massive global tension. >> i think biden's words on taiwan and private and public were strong enough. the problem is, as you point out, we have been warning china about its direct support for ukraine as darrell issa talked about and we never imposed those costs. so xi xinping may say, you know, biden says the right things about taiwan. i watch what he is doing about russia and eastern europe. he is thinking there is no resolve there. that is indeed a problem where ukraine coaffect the outcome in

in taiwan. jackie: you summed it up nicely, actions speak louder than words. i wonder how everybody is looking at this. this will play out. we'll be watching. gordon, we'll talk to you again soon, thank you so much. >> thank you, jackie. jackie: back in washington republicans are heading back to capitol hill trying to answer a question what went wrong? fox news congressional correspondent aishah hasnie joins us now. hi, ashiah. reporter: right now i want to get to a couple of developments in last couple minutes. looks like house republicans will go ahead to hold the leadership elections tomorrow despite the fact there were calls especially from house freedom caucus members to delay the elections until we figure out what happens with those 19 races that still have not been called. according to some gop sources they're telling fox they're expecting between 219 to 221 votes. we're still waiting to see how the races wind up. meanwhile republicans they're

coming back to capitol hill pointing fingers. they're disappointed trying to grasp what happened. start with the senate here where the democrats of course now have control of the senate and senator patted toomey laying the blame squarely on the former president. >> the more candidates associated with donald trump and ultramaga movement and this false notion that the election was stolen from him in 2020, the more that was the message the more they lost. reporter: but nrsc chairman rick scott who was in charge of winning republican senate majority, jacqui, he was on "sunday morning futures" pointing the finger back at senate leadership. >> because we didn't have a plan. i have mean because, you know, because leadership said no, we're not going to have a plan. we have to start combing together as a caucus. not vote with the democrats. reporter: a handful of senate republicans are calling for that leadership election to be delayed this week. of course we were hearing those calls from the house republicans

too where again 19 house seats are still up for grabs. there are reports, jacqui, from republicans that kevin mccarthy does not have the votes to become speaker. members of the house freedom caucus of course had been withholding their support as they were trying to leverage their votes to change conference rules. they want to be able to gain more power for rank-and-file members. congressman jim banks was on "fox news sunday" over the weekend telling us that mccarthy is talking to members, trying to smooth that over, trying to make sure their voices will be heard. jacqui? jackie: thank you so much for that. our next guest flipped a blue set red in new jersey. republican congressman elect tom kaine joins us. great to see you, congressman-elect. congratulations. >> thank you. wonderful to be with you. jackie: ashiah brings up a lot of points. there will be a postmortem what

happened in this particular election cycle. we saw patterns broken in some ways we were not expecting in new york and new jersey. we saw blue seats flip red. yours wars one. what do you think your messaging spoke to voters? how it spoke to voters and what made them vote for you to flip that seat? >> in my campaign and in our district we listened to the voters and we took our campaign directly to them. what i was hearing in the field was folks on inflation and their concern about the out of control government spending that was causing the inflation rate. talked about energy independence, bringing more manufacturing here at home as opposed to abroad. a secure southern border. those are things i was listening to, talking about. on top of that, i have been in the state legislature for 20 years as identified as independent leader who always focused on finding the solutions on behalf of my constituents

when i was there. that is the type of message i delivered throughout the course of the campaign that was my focus in my campaign. jackie: inflation was a big issue for so many people across the country. inflation and crime as well were issues here in new york. what we also are seeing some of the patterns that are emerging all of races, even if you flipped a seat or even if an incumbent held on to a seat they were very, very close, very razor thin margins. i'm not talk about the governor's race in florida, obviously. i'm talking about some of these house seats. when you look at the house right now, 212 seats republican to 204 democrat, the expectation republicans will hold on, will have the house, right, that is what we were expecting before but having said that even smaller margin than forecast. what do you think how polarized, how split the country is in. >> i over my legislative career i served in the majority, i

served in the minority, i served in a split chamber, i worked with republican and democrat governors alike and i have always found the pathway to be part of the governing coalition from whatever position i was sent by my constituents to serve them. that is the exact same focus i will have as an incoming member of the house of representatives and to make sure i continued to focus on affordability, on accountability, making sure energy independence, secure the southern border, have more manufacturing here in the united states so we can be stronger here at home, abroad as well. that way we can break the back of inflation. jackie: is your expectation, if the house is in fact does go republican, you know, many people are saying well, it would just be the ability to block legislation on the other side. is your expectation that you and your colleagues could actually come up with legislation could pass in a bipartisan way?

>> absolutely. our voters have sent us down here, republican or democrat alike, to find solutions on their behalf and it is extraordinarily important everybody be part of that conversation, we have those types of solutions because that is what the american taxpayers are expecting of us. that is what the voters sent a very strong message, they want to break the back of inflation. they want to us find solutions, to make their lives far more affordable than they currently are. jackie: great point. congressman elect, congratulations, good to see you today and thank you. >> great to see you. thanks for having me on. jackie: all right some big retail names reporting earnings this hour. coming up a look how the consumer is holding up amid soaring inflation. ♪.

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jackie: welcome back. stocks falling flat today to start a big week for retail

earnings. investors will get a good idea how the consumer is holding up amid soaring inflation and rising interest rates. let's get the read from former investment banker carol roth and capitalist pig hedge fund manager jonathan hoenig. carol, let's go ahead to start with you. let's see the action today. dow is bit higher but a strong week last week. how are the markets digesting news all around us because when i see some things i see negative headlines that are troubling and wonder why we're seeing as much green as we're seeing? >> a nice bear market rally, i agree with you, jackie. i think the markets are focused on what the fed is doing and not what comes later in terms of margin compression and effect on sales and earnings for companies. i do think this is a moment in time where we look back on it, yeah, maybe the market had not fully digested what was going on. jackie: yeah, and jonathan, i want to get your thoughts because this is a market, one

school of thought says, oh, well, speaking of the fed, the inflation numbers dropped a little bit. things are getting better. interest rate hikes are working, jerome powell will ease up. inflation for cpi is 7%. i think jerome powell has work to do? >> even during the 1970s, jackie, there were a couple of bull markets. even if inflation is not eliminated there are places to make money. where is the consumer, he or she is tremendously hurting. markets are forward indicators. we've seen stocks and bonds, talk about crypto, some of the biggest losses in market capitalization since the global financial crisis this is a transformative time. already we're seeing technology layoffs. i here this will be very difficult christmas for many americans. their inflation has gone up. i think many of their jobs are in jeopardy, specifically because that inflation has not been addressed in washington just yet. stuart: that is more of my read,

carol. the other thought markets are aggressive to the upside because they do believe the house will go to the republicans. the republicans at least can block legislation but having said that, i want to go back to the point that jonathan just made which is technology, layoffs. "new york times" reporting that amazon will be laying off 10,000 workers. >> right. jackie: every day i feel like last week it was meta. we keep getting these headlines and jerome powell did tell us as he does increase interest rates people will lose their jobs? >> yeah. i mean that is a problem, that the consumer is very much paying the price both literally and figuratively for what jerome powell is doing and the bad fed and government policy here. i mean basically the personal savings rate which is down to 3.1%, the lowest level since the great recession financial crisis. you have credit card debt, which is at historic levels. so basically they're willing to worsen their personal balance sheet. jackie: right. >> the fed is saying we don't care if you're in a worse

financial position or you lose their job. that will be the price you have to pay for to pay for the mistakes we made. jackie: it is interesting. i get really stressed out if i see credit card balance going up, jonathan but the american consumer doesn't seem to be. we're going into the holidays. people are cautious. they had a fun summer, they spent a lot of money. consumer holding up. we are not seeing the giant crack some people are forecasting. >> many, jackie, are afraid to open up his or her statements given the amount of money that has been lost. they're dipping into credit card balances going up. i wouldn't ever count any american, certainly any american entrepreneur out, however, ladies this is the most individualistic capitalist country. i see where we are very much like after the tech wreck in 2000 and 2001. after the collapse people looked around what is next? will it be small cap, will it be value? government must get inflation

under control. we couldn't have the '80s technology renaissance if we didn't get the '70s inflation under control. why it is so incumbent to stop the spending in d.c. and stop it now. jackie: right. it is the spending. jerome powell will be raising rates. if we stop spending rates continue to go higher. that is two pieces of the puzzle. the last piece, carol, what we're seeing in the oil market, right? high oil prices. high diesel prices as long as russia and ukraine are at it in conflict. i think that will continue until we change the policy here at home to help out with some of the supply shortfall. once you have the high oil prices and diesel costs for transportation, that becomes an issue, that becomes embedded in the products? >> i feel like you and i have been saying this pretty much since the beginning this is very much a supply issue. there is only so much they can do on the demand side. as you mentioned oil is one of those issues but you also have issues in the labor market. you have issues in housing and other commodities and food.

and so if we don't get the fiscal policies to remove the barriers that jonathan was talking about, to make it easier for people to work, to make it easier for companies to hire, to make it easier for energy companies to make those long-term investments, this is going to be a problem that is not going to just go away by jerome powell's actions here. this is going to be a long-term issue. it will have a huge drag, not just on the u.s. economy but on the global economy. jackie: i think they are all good points. carol, jonathan, see you in a get. thank you so much for your insight as always. >> thank you. jackie: all right, cryptocurrency exchange ftx removing trading and withdrawals after a suspected hack. we'll update you what this means for the crypto craze in general when we come back. ♪.

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jackie: welcome back to "coast to coast." the whole crypto industry in turmoil after the collapse of ftx. now ftx is investigating a possible 477 million-dollar hack. fox business correspondent kelly o'grady has the details. hi, kelly. reporter: hi, jackie. yeah, this is being called the worst disaster in the history of crypto after filing for bankruptcy, the newest bombshell is that one to two billion in customer funds is reportedly vanished from ftx. now founder same bankman fried secretly transferred a billion to his other company to. they say that executives helped conceal the move. some of that money has gone missing. financial leaders are characterizing this as a crypto ponzi scheme. >> i would compare it to enron.

whiffs of fraud, stadium namings very early in a company's history, vast explosion of wealth that nobody quite understands where it comes from. reporter: now as the ceo holes up in the bahamas it keeps getting worse. ftx is dealing with the hack you mentioned as well. consumers asked to say off the site after roughly half a billion reportedly stolen. i've spoken with a number of investors big and small and they're sharing they expect to lose all of their assets amidst this. that brings up the larger implications that go beyond ftx. it is unclear how far the containing i don't know effect will spread. but the exchanges the industry as a whole is being called into question. we're seeing a effort by crypto leaders to stop a spiral. binance chairman tweeting this, to reduce cascading negative effects ftx, binance is forming

a industry recovery fund but for products that are strong but in a liquidity crisis. this provides opportunity for regulators to crack down. we see skeptics saying this i told you so. regulation is not necessarily a bad thing. it is different than the original aim of the decentralized currency itself. jackie: that was the whole point. it is interesting to see how it is playing out and some negative effects of that. kelly o'grady thank you so much. to get in more insight, bring in bitcoin foundation chairman brock pierce. always great to see you and have you to talk about a story like this. kelly brings up a great point, part of the allure of crypto the seacrest at this aspect of it, the element of it. something like this happens, investors sit back to say maybe we do need some more regulation. how is it possible for sam bank man freid to do what he did and leverage the company and investors this way without anybody being wise to it? >> well i think the big thing

here is, he wasn't using at the core of his business the tools that make cryptocurrency possible, the thing that make systems transparent. he is really a web 2 company facilitating transactions for weapon 3 or cryptocurrencies but i think one of the things to see here, migration to eating our own dog food. enough of this web 2, time for web3, real decentralized systems with absolute transparency, automated market makers, all of that. those businesses web 2 like his was i think we need regulation. we need to know that they are not commingling customer funds, not leveraging customer funds. at this point this is, as was stated the biggest, most negative event we've seen and every day a new shoe seems to drop. other counterparties are exploding after what happened

here. i would as well compare them to enron. jackie: we have news of a 477 million-dollar hack. in your view, how does that play into the chain of events here? >> another one of these, bombshells that seem to be dropping every day. just when you think this can't get worse, look, they have done another thing that is incredibly alarming. how when you're filing for bankruptcy do hundreds of millions of dollars or a billion or two billion dollars disappear? is it an inside job? it is just, it's terrible, terrible, terrible, the impact it is having on retail. the impact it is going to have on sentiment long term. this also as a contagion has gotten out to the institutional side of the industry. this is after you have sequoia many of the most reputable firms in the world invested in this company, did due diligence on this company. it reminds me a little bit of the bernie madoff story. did everyone that h trust the

person that did due diligence before them? how did everyone get bamboozled. jackie: compare it to bernie madoff or collapse of enron. i thought there would be a more market reaction. sam bank man freid is in the bahamas. these are conversations being had on wall street. i'm surprised he rook ahns is has not been as severe as in the believe cases we mentioned? >> i can tell you within the cryptocurrency industry is saying it is severe. people say get all the money out of every exchange or defy tool, not your keys or coins. we're seeing a mass run across the entire bank of exchanges of and industry services. what is sad about that, some of the really good companies behaving the right way may end up becoming victims as a result of this broader, call it, run.

i hope that is to web3 decentralized exchange. i hope, by the way it will be good for the united states in the long run. i think companies that have licenses in less reputable jurisdictions people will just not trust it. a lot of people say i want my money in a u.s. exchange because at least there i know the u.s. regulators are looking over these businesses and insuring the customer balances are there, reserves are there, they're not mingling money and leveraging against those resources putting customer funds at risk. this could end up being a great opportunity for the u.s. and the relevancy in the fourth industrial revolution. jackie: that is a great point. i'm not dismissing in any way what happened here and the amount of wealth that have been lost as a result of it. some said this is probably in some ways, again horrible situation a natural step in sort of a consolidation. there were many, many players in the field.

so this industry, even if it is not completely regulated, specifically by washington, for example, that the more reputable players will be the ones that shine. >> yeah. this is a terrible event for crypto in the short and probably medium term but in the long run this is a good thing. we want bad actors out of the way. we want people that don't know how to manage risk out of the way. in the long run this does not change my view on this sector and the role that it is going to play in our future but in the short term there is no question this is a, these are very dark days for crypto, very painful for all of us in the market whether you're retail or institution. but, you know, as we like to say, hold on. jackie: yeah. we have the board up before. crypto across the board down, seeing losses result of that. as we point out, brock the dow at session highs. we'll see how it shakes out into

the broader markets thank you. >> thank you. jackie: dow hitting session highs, s&p 500, entering green territory as well. when we come back, marvel's black panther wakanda forever, breaking box office records. we'll dive into how much money the movie raked in. ♪.

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♪. jackie: "black panther: wakanda forever" shattering records at the box office this weekend. gerri willis with the details. reporter: that is disney shares are higher after black panther wakanda forever with sizable sales with sales of 180 million. it had to do without star chadwick boseman who passed away in 2020. black panther was one of the hollywood's biggest blockbusters. the opening of waa count it beat out "the hunger games." despy the sequel's performances disney announcing companywide cost-cutting measures telling division leaders layoffs are likely. austerity measures include ban all but essential work travel, freeze on new hires, days after

disney reported lackluster earnings and a 1.5 billion quarterly loss in its streaming business. and toys are getting smaller and cheaper this christmas season as retailers push more affordable options as inflation hikes prices from everything from gas to groceries. for example, mga entertainment makes lol surprise and bratz azoles, with 200 dolls 10-dollars or lower. last year 20. showing up in pre-thanks giving aisles and stores across the country. jackie: gerri willis, pre-thanksgiving holiday season. starting to see signs of it already. thank you very much. manufacture inning delays, increased demand in the cold season, drugmakers are warning

after shortage of critical biotics. madison alworth has the latest for us. reporter: jackie, it is cold and flu season, families across the country are concerned about getting access to those chianti biotics so important this team of year. it is part of a problem, this season is already worse than what we've seen in recent years. rsv in particular is spreading like wildfire among children. hospitals are struggling to keep up with an ever growing number of cases. taking a look in these states, 90% of pediatric hospital beds are full. this plus flu season has created a shortage of amoxicillin, one of the most commonly described antibiotics used to treat respiratory illnesses and bacterial infections that can be a complication of rsv. the fda saying in fox business, that the fda is aware of interrim supply disruptions of amoxicillin in the u.s. and working with currently approved

manufacturers. it is difficult for families that need them and need them now. not just amoxicillin. we're seeing a shortage of nebulizers that is problem. treatment given with a device especially common in the rsv season when kids are wheezing or have bronco litis. >> there is huge nebulizer shortage of the calling suppliers all over. want to buy a nebulizer, feeling something fell off a truck trying to get nebulizers for my patients as well. reporter: i gone through two. think you with a third, jackie. we're seeing shortages of tamiflu. this has doctors concerned. all of these shortages coming just before thanksgiving when people are set to gather with their families. so lets of concern there. jackie. jackie: is sure a lot of concern. today was the first real fall day in ernest, madison. it feels like early in the season. thank you so much for that.

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♪. jackie: democrats will retain control of the senate but georgia's senate runoff race still does matter and big money is pouring into the peach state. fox news correspondent charles watson live in atlanta with the latest for us. hi, charles. reporter: yeah, hey, good afternoon, jackie. look, control of the senate is secured but neither democrats or republicans are willing to just give up the senate seat here in georgia. >> we don't have no more time. what they have done to this country in two short years. we give them anymore time we won't recognize america again. >> herschel walker is not, he is not able to do this work. he has demonstrated he has neither the competence, nor the

character. he doesn't understand the issues reporter: yeah, war of words between incumbent senator rafael warnock and republican challenger herschel walker out on the campaign trail this weekend. walker appearing with senator rick scott and warnock with rapper little baby at a charity event as both candidates try to build support what is expected to be hotly-contested runoff. while democrats maintain control of the senate they're hoping warnock can land them that 51st seat. it could present an opportunity not only push key legislation through the senate, also rely less on the input of the some more conservative senators like senators krysten sinema and joe manchin. look if walker is able to make it over the finish line, all of that becomes a lot harder for democrats to do and this senate seat could serve as padding for republicans ahead of a 2024 when democrats have to defend more than 20 seats compared to the 10

republicans will have to defend. this is high-stakes. both parties are spending millions of dollars on the ground game to turn out voters. we're talking $10 million collectively between democrats and republicans and they're also highlighting attacked as that have become increasingly personal. >> his own children says he fails to provide for them this guy has no problem with aborting babies who are inconvenient and the worst part, this guy claims to be a christian. his name? rafael warnock. >> a long record of violence towards women. herschel walker is unwilling to answer questions or take responsibility for his behavior. reporter: jackie, experts say everything is all said and done, in addition to $100 million could be pumped into georgia, specifically for this senate runoff race. folks here in georgia certainly have to buckle up. they have 22 more days of those ads that we're seeing all over the airways.

we'll see. jackie: counting down to december 6, charles, thank you for that. for reaction how important georgia is, and it is still important, go to kaylee mcgee white from the washington examiner. where we stand in the senate, the dems have 50 seats, republicans have 49. when you have swing seats, when you get into the contentious debates, see all of sudden democrat vote the other way it could come down to one vote that is why georgia matters, correct? >> absolutely. democrats retained control of the senate. it is not a huge deal for republicans especially if they clinch the majority in the house but even that hasn't been called yet. this is really tight race for republicans all around. it is all more disappointing when you take into consideration that the fact that republican leaders did not expect it to be this close at all. jackie: kaylee, came to the first election resulted in a runoff many said it was having governor brian kemp on the ballot. people go down and they vote

straight down in a line but this isn't going to be like that. this is really a faceoff between warnock and herschel walker. and that may change the stakes or how people are viewing this, what do you think? >> absolutely. what's interesting about the georgia election is that even with brian kemp on the ballot who did very well compared to his democratic opponent stacy abrams you had a lot of ticket splitting. a lot of voters voting for brian kemp obviously did not throw support behind herschel walker. without brian kemp on the ballot helping herschel along it will be a lot tougher for him and the runoffs are difficult in general because there are less enthusiasm. people are paying less attention than they are to the general election. what this will come down to which party is able to motivate enough voters to get across the finish line. jackie: and warnock has attacked herschel walker as we saw for his competence and his character while the other side would say

you know, warnock hasn't necessarily demonstrated he has been such an advocate or great voice for the people of georgia either. >> this has been a nasty race. there has been a lot of mudslinging entire past year with both candidates drawing into question the character of the other and you know, a lot of this does come down to if republicans chosen a candidate with less issues, less character flaws, with a less questionable background would they have been able to win the senate seat? a lot of republicans are starting to think that that would have been the case, if they had chosen someone else. this raises the question of trump's endorsements in general. herschel walker was hand-picked by trump. as we've seen a lot of his other hand-picked candidates did not perform nearly as well as expected. jackie: speaking of former president trump, he has said that you know will make some sort of announcement tomorrow. do you think he will make that announcement? we're not necessarily sure what it is. do you think it will be

announcement that he will be running for president again? >> if he cares are winning this georgia senate seat he will not announce tomorrow, will not announce until after the runoff. he cost republicans two georgia senate seats two weeks ago discouraging republican voters from voting. the last thing that we need is trump announcing now and encouraging democratic voters to come out en masse to vote for rafael warnock. if he cares about the republican party gaining another republican senate seat he will hold off. jackie: kaylee, thanks so much good to see you. >> thanks. jackie: the dow close to session highs today. the s&p 500 rebounding now in green territory. stick around we have another action-packed hour of coys to "coast to coast" coming up. ♪

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jackie: welcome back to cavuto "coast to coast" i'm jackie deangelis in for neil cavuto today. our top stories, president biden on the world stage meeting with chinese xi-jinping in-person, for the first time since taking office. biden raising concerns about