tv Varney Company FOX Business November 25, 2022 9:00am-10:00am EST
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you know what's great, find a local shelter and you can go to a store like -- even wal-mart, target, bead bath and beyond or whatnot and shelters always need towels, blankets for animals. you can just make that kind of gift. you can make it a family outing like gather all your kids, your loved ones, put them in a car and go and shop for blankets and take them to the local shelter. that does it. i should shut up and do it myself. john and christian, such a pleasure to be with you this morning. ashley webster is in for stuart. "varney & co." starts now. take it away, ashley. ashley: thank you, dagen. i love the picture of the canditto family and nat has as much fur as simba. great stuff. dagen: it's true.
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ashley: good morning, everyone. i'm ashley webster in for stuart varney. black friday in full swing according to the national retail federation. more than 115 million people are planning to shop today and on one of the busiest shopping days of the year, amazon warehouse workers are expected to stage stripes and protests worldwide for better wages and conditions. to the markets, futures a little mixed ahead of this short trading day. fed officials do see smaller rate hikes coming soon. it's good news for investors but the s&p and nasdaq slightly lower and the dow just up very slightly. take a look at 10-year treasury yield and always gives us a clue of where the equity markets are going. up a little bit at 3.73%. take a look at bitcoin too with all the turmoil going on in the crypto world and bitcoin right now just holding steady around 16,469. by the way, the company that was hired to recover assets from ftx
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says they've managed to recover more than $740 million so far and elon musk says amnesty is coming for suspended twitter accounts but only those who haven't broken the law can qualify. musk may release internal twitter conversations about the company's censoring of the hunter biden laptop story, that would be interesting. he says it is necessary to restore public trust. and as the rail strike looms, president biden says he's not directly engaged. that is a total contradiction from what the white house press secretary says. we're going to deal with that and oh so much more on this black friday, november the 25th. "varney & co." about to begin. ♪
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lyrics. sixer. ashley: all right, there's people shopping out there this morning and wet many midtown manhattan. there are reports that claim president biden is using in time over the holidays to decide if he will seek reelection in 2024. let's bring in our good friend charlie hurt. charlie, good morning to you. the question is could we see biden actually step down to let a younger democrat run? what a concept. how likely do you think it is? >> that would be i think impossible under normal circumstances but these are not normal circumstances. but i do think that after, you know, democrats feeling like they did fairly well considering
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what everybody was expecting in the midterms, i think there's a greater possibly now than before the election that joe biden will make that decision with his family that he's going to run again. and don't forget this, the same problem that democrats had in 2020 that made them wind up with joe biden in the first place, they still have it. if you take joe biden out of it, who do they turn to? joe biden papers over a lot of disunity in the party, and it's hard to see exactly what direction they go to if they do get rid of him. ashley: all right, move onto this subject. the ba hum bug subject and many celebrating thanksgiving yesterday and msnbc joy reid blasting the holiday as a myth. >> it is a holiday riddled with historical inaccuracies built on the myth that the indigenous welcomed their columbia lonizers
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with -- colonizers with open arms and food. it's between indigenous trades and settlers that erases the genocide that follows. it's truth that republicans want banned from our textbooks because here ears the secret that -- here's the secret they want so desperately to keep. we're a country founded on violence, our birth was violent. ashley: and pass the mashed potatoes. thank you very much, joy reid. >> yeah, you thought you had an argument at thanksgiving. my goodness. she's such an idiot. i come from a part of the country in virginia where early settlers had -- were trading partnering with the indians and they were -- if she knew anything about history and she knows nothing, she's an idiot, if she knew anything she'd know there were very deep, important trading ties between early
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settlers and native americans. but that aside and forget, you know, the american tradition of thanksgiving, which is a beautiful tradition and it is based in reality, in real history, but just think about it in terms of what a wonderful way to go through life, the most important thing to do is have gratitude. these people like that woman, she's miserable, could you imagine spending thanksgiving with somebody so miserable as that and if she learned to embrace gratitude, i think she would be a happier person. ashley: i think anybody would be better than what it is right now. nancy pelosi's likely replacement, congressman hakeem hakeem jeffries looking to
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support the background of slavery. >> these are the things difficult once they get beyond joe biden and the pantry trump frenzy. once -- anti-trump frenzy and those are the ideas that animate the most, you know, the most obvious leaders that could follow the likes of nancy pelosi, who's 82 years old, and joe biden, who's 80 years old. you start getting into issues like that and that's not a way to have a national party because that stuff just does not fly beyond very, very tight and shall we say very unpleasant, unhappy sectors of the electorate. ashley: yes, the joy reids of the world. all right, charlie, great stuff on this friday. have a great day and great to see you. now this, the federal reserve is expecting to shift to small rate
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increases soon. that's according to the minutes of their latest meeting. the change is policy is due to concern about the impact on the economy if progressive rate hikes were continued. of course that gave some cheer to the equity markets. investors, let's take a look at futures now, the dow ever so slightly higher. the equities markets today by the way will be open till 1:00 p.m., the bear market open till 2:00 p.m.. time to bring in our friend adam jansen. adam -- johnson. adam, good to see you. it's black friday and huge day for the retailers but you say the gloom crew is plain wrong. make your case. >> yeah, fortunately for all of us so frequently are and the holiday season that begins today, we'll see record spending by americans. a gain of 6 to 8% over last year and again a new record amount of holiday spending of almost
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$1 trillion, $950 billion and, you know, i think what we have to remember here, ashley, is that for imperfect as this world s the fact is we actually have a record number of people working, making a record amount of income and at least according to the national retail federation, they'll be spending a record amount on the holidays. that jives with what we've been seeing with the earning season, whether it's the airlines talking about record travelers coming through or whether we saw last week from abercrombie and fitch, sales up significantly with the same story from american eagle outfitters and people have money and they're spending it, the world is imperfect, it's a important narrative to accept and embrace because it means a lot for the economy, ashley, i really do. ashley: it does and to your point, adam, the consumer is
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remarkably resilient in this country and they're proving that, but there are many who say, yes, but we have to take another leg down, maybe not so much in the markets but certainly in the economy when these rate hikes really start to catch up and we may see a shallow recession before we start picking up in the middle of next year. do you agree with that synopsis? >> actually, i think we've had a recession. so i think the question becomes will we have another? look at what happened to gdp, gross domestic product, in the first quarter it was down, second quarter it was down. two consecutive quarters of falling gdp is a recession. they didn't want to admit there was a recession. we have come out i think and we're accelerating and look at the airports two days ash, ashley, the day before thanksgiving, we saw 2.55 million people pass through tsa check points.
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the record from before covid was 2.6. we're at 2.55 and the record was 2.6 so i think we're practically back to where we were. the know the headlines don't always suggest that, but i really do think this economy is coming back very strong. again, look at employment and look at what people are making, look at what people are spending. ashley: adam, i always feel better after you come on the show and i feel the same way today. a very positive outlook and you're right, sometimes the headlines don't back it up but maybe the underlying strength remains there. great to see you today, adam. thank you very much. >> thank you, ashley. ashley: thank you. let's take a look at cryptos why don't we. the firm in charge of recovering assets after the collapse of ftx said it has clawed back $740 million worth of assets so far, but that's just a small fraction of what could be billions of dollars likely mis-ing from the company. missing from the company. quick check of oil. the biden administration likely to grant chevron a license to
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begin pumping oil in venezuela. this marks a policy shift that could lead to easing sanctions and opens the door for other oil companies to begin doing business in the country. it also comes as more sanctions are being placed on russian oil and you can see chevron up ever so slightly with the price of oil today. take a quick look at the futures. we're going to be opening on wall street in about 19 minutes from now and dow pointing higher and s&p and nasdaq just slightly lower. coming up, elon musk says releasing internal twitter conversations about the company's censoring of the hunter biden laptop story he says is necessary to restore public trust. we're going to get into that one. it's black friday but many of the discounts you see today, well, they've been available all week so is today really more special than any other day to shop? we'll have the report from chicago's magnificent mile next. ♪ i can't get enough of you baby, i can't get enough of you
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♪ good day sunshine. good day sunshine ♪ ashley: good day sunshine. that one's for stu. of course the beatles and looking at los angeles bernards international airport better known as lax and 50 degrees on this black friday. the dow ever so slightly higher in the premarket all though the s&p and nasdaq pointing to a slightly lower start to the day. of course equities trade through 1:00 today. it's a shortened session. of course it's black friday,
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which kicks off one of the busiest weekends for retailers. grady trimble is on the magnificent mile in chicago. grady, good morning to you. is this going to be a record setting black friday? >> reporter: good morning, ash. yes, it is. even though a lot of the big retailers started their deals before halloween this year in-store and online and this weekend is expected to be the biggest shopping event of the year and all time. the national retail federation is forecasting this black friday through cyber monday will break records just like it did last year. they say more than 166 million people will shop this weekend spending between 6 to 8% more than last year. with inflation as high as it is though, shoppers say finding good deals is as important as ever but today might not be the best time to buy depending on what you're looking for. you'll find the deepest discounts on tvs this black friday today, but for toys,
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clothes, and computers, experts say you're better off waiting until later this weekend for the best deals. one way inflation is hitting shoppers is that even though they're spending more, about $500 on average, deloit says they're buying quite a bit fewer gifts. last year we bo bought around 16 gifts on average black friday through cyber monday and this year it's nine. the top toys for boys according to the national retail federation: legos and hot wheels. the top gifts for girls: barbies and lol dolls, which our producer who has two daughters say are all the age. i have never heard of them until this morning. ashley: oh, i'm glad you haven't heard of them, grady, because then we'd be asking questions. great stuff. grady trimble on the magnificent mile. legos and hot wheels.
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that's old school. bring in the retail guru himself, gerald, my question to you starting this off, is black friday still a special shopping day or is it just one of another because we've been seeing sales out there for awhile. >> it's been so watered down, it's more of a buzz word now than actual day. i mean, these black friday sales started in october. heck, a lot of retailers have black friday sales in july. look at wal-marts and their website, it says black friday deals for days. it's been saying that since i was a child it seems like, you know. black friday deals for days and days and days and days. almost ad nauseam. we've been hit so hard and we'll be pretty disappointed on the actual sales this day and like spreading the jam over the bread, it's not going to increase sales. ashley: then small business saturday, cyber monday and really is spread out to your
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point, but where is the psyche of the consumer right now, gerald? a little stretched? are they going to pull back a little bit this year, do you think? >> i don't think there's any doubt that most consumers are spending on necessities with a high rate of inflation, people talk about retail sales still being good or sales throughout the holidays forecast at 6 to 8% increase. that's not inflation adjusted. basically people are -- might be spending the same amount as last year and not going to get as much as last year. so consumers know that and they're very, very cautious and focused on necessities, food is up double digit. that's where the money will go and gasoline is where the money will go. i don't think you'll see a lot of people in stores for gosh sakes. this weekend, all these deals have been available at least since sunday online and most people have shopped them and those are the reports i'm getting by the way from around the country is that the stores are essentially like a normal saturday or something. basically kind of half full or half empty the way you want to
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look at the glass, but that's the way it is. ashley: and you know, you just pretty much answered my next question but brick and mortar stores versus cyber sales and clear online is going to win, even though there's still a little bit of people wanting to go to stores post-pandemic; right? >> sure, the stores could be up versus last year but as you recall last year, i think we still thought the pandemic was a live thing, a real thing. now most people are acting like it's over. i went to the doctor the other day and no one in the doctors office even wearing a mask. we're in a mode to get out more so bricks and mortar stores might win versus last year, but last year not really a valid comparison. ashley: all right, we'll have to leave it there. gerald storch saying holiday season sales so so and we always appreciate it, gerald. >> my pleasure. ashley: go to amazon. thank you. warehouse workers across the world with that company staging
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protest today to demand better wages and conditions. amazon issue #-d a statement in re-stond -- issued a statement saying "these groups represent a variety of interest and we're not perfect in any area, if you objectively look at what amazon is doing on important matters, you'll see we take our role and impact very seriously. that's from amazon. by the way, strikes are set to go on in over 40 countries today. it's widespread for sure. take a look at anyo nintendo. the company announcing newest pokemon game set record sales for any game released. new games exclusive to the nintendo switch surpassed 10 million units sold in the first three days after it launched. clearly very popular. all right, take a look at those numbers. the dow barely trying to stay in positive territory and hasn't. all three indexes barely lower and see what happens at the
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ashley: all right. let's take a look at premarket futures showing slightly lower in the s&p and nasdaq just above the borderline for the dow. bring in mark maheney talking about the markets and i want to go over some of the top picks. why do you like netflix? >> it has been one of the few outperformers in the back and it has a compo of what you need -- combo of what you need in the market. you need recession resilience as a subscription model, inexpensive and major new product launch and the biggest product launch out there in tech land, which is the $6.99 advertising supported streaming service. unlike a lot of other big tech companies, they're not in the need to strip south a lot of cost. they didn't dramatically overbuild from the covid crisis going into the probable recession and you have less of a cost constraint on the business. it's trading on a reason gap
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multiple and it's our top pick. ashley: all right, move on. meta. you like meta. >> yeah, you have to be deeply contrary to like this. it's been extremely painful this year. two weeks above the earning cycle if they hadn't come out and said we changed our minds and drastically reducing our work force and eliminated about 11% of work force, if they hadn't done that, it probably wouldn't work. this is one of the cheapest stocks out there in tech land trading at 11, 12 earnings and a bunch of improvements at the business and rolling up short form products called reels and looks like they're making progress against some of the targeting losses they had when apple instituted its privacy changes. if the bar is awfully low here and they can sustain low single ding revenue growth in the next -- growth revenue growth in
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the next quarter, there's a lot of opportunity in the stock. ashley: about 40 seconds before the opening of the markets. you like booking.com and it replaced amazon as your number three pick, why? >> travel is holding up. i know the shoe will fall on travel, but travel is holding up extremely well and going into the probable recession, you want companies that have got as lean and mean cost structure as possible and the advantage of the travel companies like booking have and they cut their cost structure and were forced early on in the covid cycle when revenue and bookings went negative for them. that means they're better set up for rough times so we've got very reasonable valuation, consist demand, good cost structure. ashley: very good. mark, stay right there. i've got more questions for you. in fact, you're going to stick around for the opening of the market, which is happening, boom, there you government we g- go, we're off and running on this shortened day of trading and equity market opened through 1:00 p.m. and other market
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closing at 2:00 p.m.. out of the gate, united health, travelers, 3m leading on the dow 30 and dow up about 36, 40 points right now. apple and amogen and intel dragging behind on the early going on the dow. starting negatively in the free market ever so slightly so and that's the case, the s&p down just a couple of points at the opening and the nasdaq too down close to half a percent, down about 50 points on the nasdaq at 11,235. we've been talking about big tech. take a look at all of the big names moving slightly lower and apple down 2%, down nearly $3 and microsoft on the other side up about a third of a percent. all right, talking of which, take a look at one of stu's favorites, microsoft, a new report says the ftc is likely to block their bid to buy activision and would argue that would give microsoft an unfair
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boost in the video game market. bring mark back in on this. what do you make of this deal potentially being blocked. what do you say, mark? >> well, i think antitrust risk really has been elevated over the last two years ie the first two years of biden administration and people running the ftc were focused on cutting down these kind of mega mergers among big tech names. i think that will likely change. i think it's already changed with the recent congressional results so my guess is that microsoft would fight this tooth and nail through the courts. i don't know who would win on this, but to me it's one it's representative of a heightened relatively constant la tour scrutiny of all things -- regulatory scrutiny of all things big tech and this will drag out for quite some time is my guess. ashley: okay, talk twitter. another kind of daily soap opera. this time the service will offer
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different colored checks for various accounts. companies receive a gold check, government officials getting a gray check and everyone else will have the classic blue check. elon musk says all verified accounts will be manually authenticated before the check is activated. is this new plan in your opinion, mark, going to work? >> i hope it does but, you know, twitter and elon musk are facing the problems that all social media companies face, which is that there are small number of bad actors out there and so let's -- that can upset whatever policies you lay out for these -- this company. i hope twitter works, you know, but there's a lot of things and issues that advertisers have, brand advertisers have for very good reasons with some of the content on the site. what musk and the new twitter management team needs to do is address the issues or they'll have to come up with a different, you know, materially different revenue model and maybe they move to a purely
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subscription model and twitter will still be influential but a heck of a lot smaller than it is today. these verification steps are necessary to build up a subscription business and maintain the integrity of the platform. it's an endemic issue with all t going to be solved overnight it. is part of the territo: it's a . i want to get to another one of elon musk's companies, tesla of course. chinese regulators say the company has to recall over 80,000 vehicles. the cars reportedly have a software issue that affects the battery management and issues with the seatbelts in some of the models. mark, is this a major concern? >> well, i'm going to -- actually, i apologize. i'm going to punt on that one because i don't cover tesla. i'm awfully respectful of what musk has done with tesla but i don't have an opinion on it.
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ashley: all right. how about soccer. man united and the stock rallying again today. i know, from tesla to soccer. that stock up nearly 9%. it's after early reports in the week they're considering a possible sale, man united fans would love for this club to be sold for the american owners to glaze a way to sell it. could we see a sale before the end of the year? i'm putting you on the spot. >> you are putting me on the spot. there's a lot of to focus on soccer these days and that probably adds to that. what kind of name do you have? as interest rates rise, we had -- with ultra low interest rates for 12 years, i'm sure at some level that increased the ability for mna to take place and access to capital there for any and all and facilitating that will get harder to do and easy money days are behind us and we're in hard money days for
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the foreseeable next couple of years i think. i don't know whether a deal like this gets passed and get back to the questions on regulatory scrutiny and i think the bar is higher across the board for all deals and i'll just pass at that. ashley: you did very well. you maneuvered that like a world class futball player. well done, mark, great stuff. check out bad bath and beyond. "the wall street journal" by the way was looking at bed bath and beyond and this is a stock that's really struggled down 2 pl2.25%. where do you go with this? it's a $3.26 stock. >> well, there's been enormous competition affecting the stock and across all retail consumer names, housing names, there's an issue here which is that demand trends have been softening and softening pretty dramatically and i'm not sure there's an easy place to hide in this. you want a company with a lean
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and mean cost structure that focuses on not consumer discretionary but staple spending with the advantage of the name like wal-mart is has groceries and bed bath and beyond doesn't. that's a challenge across the slug of retail. ashley: mark mahaney, you earned your stripes on this black friday covering all sorts of topics. thank you for taking on the challenge and we appreciate it very much. >> thank you. ashley: taking a look at big board, the session is under seven minutes since the opening bell. there you had it, dow up 81 points thereabout a quarter of a percent gain and take a look at some of the winners out of the gate. united health, home depot, 3m, verizon and visa on this black friday, visa moving higher by half a percent. s&p 500, some familiar names, some not. polo ralph lauren up as you can see 1.5%, public storage,
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mckessan group and nasdaq auto desk and booking holdings up half a percent and comcast up half a percent. some of your nasdaq winners in the very early going. all right, coming up, the white house, get this, release add cheat sheet if you happen to find yourself talking to that republican uncle over thanksgiving dinner. oh my. we're all over that one, believe me. also if you want to accelerate faster in your new mercedes, you're actually going to have to pay for it. we'll tell you about the annual subscription fee with a catch, that's coming up. and lawmakers alarmed over hundreds of chinese made drones being detected in restricted areas over dc. are you kidding me? i'm going to ask congressman mike waltz about the potential threat after this. ♪ singing do do do looking out my backdoor. it's time to do cart wheels and wearing high heels, look at all
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ashley: customs and border protection officials seized $1.5 billion worth of cocaine and an officer stop add tractor trail in texas for a secondary inspection and officers found about 119 pounds of cocaine hidden inside that trailer. now this, the department of homeland security is pushing back on calls for secretary alejandro mayorkas to resign. krchristina, how is the secretay defending his performance? >> saying he's done noble work. hie house minority leader kevin mccarthy saying gop lawmakers will consider impeaching
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mayorkas over his handling of the border and no break in border activity over the week. yesterday, thanksgiving day, authorities say texas state troopers and border agents stopped an 18-year-old from trying to smuggle migrants in a neighborhood in mission, texas, and located three migrants in the brush trying to get to houston and you have these border agents and troopers busy during the holidays on the front lines working on a never ending problem and border agents shared this photo out of kingsman, texas, and they stepped out of utility truck and seven migrants crammed into the back and on tuesday, border agents seized nearly 119 pounds of cocaine at a loredo port of entry and harden narcotics have a street value of more than $1.5 million and house minority leader kevin mccarthy cited criminal activity with a delegation of house republicans on tuesday and that
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delegation included republican congressman tony gonzalez. >> the administration is not taking our call and i have to call this together. >> mayorkas is not resigning and dhs is defending him in a statement saying he's proud to advance the noble mission of his department and that he supports the department's extraordinary work force. now, in addition to calling for mayorkas to resign, mccarthy said as speaker he'd hold congressional hearings at the border so democrats can "no longer deny what's happening". back to you. a very good, christina, thank you very much. joining me is congressman mike waltz, republican from florida. the border is the top priority when republicans take over in january so my question to you is
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what exactly can you do in the house to better secure the border? >> well, kevin mccarthy is absolutely right to hold mayorkas responsible for the fentanyl pouring across the border, the cocaine you just mentioned but also the record number of deaths of these poor people trying to cross the border. in addition to the 30 to 40% of young girls that are sold into human trafficking or sexually assaulted, it is despicable. he should resign. he should be held accountable. from a congressional stan point, we have the power of -- standpoint we have the power of the purse in terms to build the border fencing and wall that has already been appropriated and appropriated andwithholding funo that and finally we want to know what is mayorkas' responsibility here and what has he proposed to the white house and what is president joe biden's
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responsibility? how much is mayorkas following orders from a white house who is clearly fine with a wide open border. ashley: next one, congressman, i want to get into this crazy story and new reports show hundreds of chinese-made drones have been detected in restricted air space in washington dc. is there a real threat of chinese espionage? >> it's geofencing meaning the drones cannot fly over sensitive sites or dc itself. the problem is it's really easy, anybody can go in and hack this technology. what's the danger? they could be used to swarm airports and actually take airliners down. they could be used to swarm a certain address or a large gathering like an inauguration. or they could sit on, for example, a sensitive building, a
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sensitive site and collect all of the cell, wifi, and other data and if the chinese are behind it, by their own law, that company has to provide any data that the chinese communist party asks for and we've banned them in the defense department. senator rubio is looking to ban them government wide, but we need to do even more and have state and local law enforcement that are flying these things so not only do we need more defenses, we need to stop american agencies from using these chinese-made surveillance tools. ashley: okay. nenext one for you, congressman. president biden trying to take on gun ownership of the shooting of the lgbtq nightclub in colorado. listen to this. >> the idea we still allow semiautomatic weapons to be purchased is sick. it's just sick. it has no, no social value. see roar, none. not a single solitary rational
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value. >> can you do anything about gun laws during a lame duck, sir? >> i'm going to try. >> what will you try to do? >> get rid of assault weapons. ashley: that's what he says. your quick response, congressman, to that. >> once again we have to address the mental health crisis. for example, the wal-mart shooter published a manifesto that he was going to do this and guess what, he didn't use a -- he didn't use a rifle. he used a handgun but he telegraphed and we see this time and time again with mentally disturbed individuals, telegraphing to family, friends, associated and on social media what they're going to do, that's the root of the problem. you know, it's a cheap and easy talking point to point to rifles. ashley: we'll have to leave it there. great stuff. lots of good topics. congressman, thank you so much. >> thanks, ashley. ashley: all right, thank you. now this, the white house posted a list of talking points for dealing with your republican
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uncle at thanksgiving. now, this includes referencing the gas prices have dropped over $1 since june and ignoring calls that prices are still up since mr. biden took office and the list highlights how the president works with republicans on a number of issues but also claims all republicans on this cheat list, in congress, are extreme. i have a feeling the republican uncle is not going to be dissuade from his argument. argument one little bit but how sad you have to put out a cheat sheet. still ahead, a potential rail strike is looming so how involved has the president been in negotiations? well, it depends on who you ask. roll it. >> the president is indeed involved directly. i just said the pes has been directly involved. this is the third time i've been saying he's directly involved. >> i have not directly engaged because they're still talking. ashley: what is it?
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psoriasis really messes with you. try. hope. fail. no one should suffer like that. i started cosentyx®. five years clear. real people with psoriasis look and feel better with cosentyx. don't use if you're allergic to cosentyx. before starting get checked for tuberculosis. an increased risk of infection, some serious and a lowered ability to fight them may occur. tell your doctor about an infection or symptoms or if you had a vaccine or plan to. tell your doctor if your crohn's disease symptoms develop or worsen. serious allergic reaction may occur. best move i've ever made. ask your dermatologist ashley: the tsa screened
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2.4 million people on thanksgiving eve. that's the most since 2019. jeff flock is at the philadelphia international airport this morning. jeff, are things running smoothly there? reporter: nice to have good news, ashley, every once in a while. take you up to the boards here at philadelphia international. no flight delays or cancellations. a lot on time and mirroring nationwide and national numbers from flight aware today. just 20 cancellations and less than 500 delays so far today. unlike when wave seen in the past, that despite more people traveling. today the numbers came out from yesterday for thanksgiving, 1.4 million through the tsa check points up a tick from last year. why is it going so well? airlines reduced schedules not to overpromising and underdelivering anymore. they're dealing with absenteeism better and more people in
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reserve, and, you know, remote work apparently has led to more flexibility for people traveling so, you know, they can spool their travel out over a few days, not travel on those key days. united and delta have both been hiring at tremendous rates. 15,000 in the last year for united, delta 25,000 since 2021. but we still got a pilot shortage, 324 airports have lost service since the pandemic, 60 airports have lost half of the flights, these are regional, small regional airports and 14 of them have lost all of their flights, ashley. reduced schedules, smoother travel and going to cost you and lout for sunday -- lookout for sunday because that's the day everyone wants to come home. ashley: that'll be the test, great stuff, jeff. thank you very much at philadelphia international airport. very calm there. still ahead, tammy bruce, congressman byron donalds, dr. marty mccarry and we'll be
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cooking with kenny polcari, kenny the cook. the 10:00 hour of very nee and company is next -- "varney & co." is next. ♪ .. what if there was a community of like minded people ready to support you when you need it most? christian health care ministries is an organization with over 40 years of trusted care who understands the importance of family. a group that sees you for who you are, regardless of your health history, offering values based affordable health care cost solutions. learn more today at yourchm.org about health care that puts you in control.
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