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>> i would think one in 10,000 people has any idea what crypto is all about. they didn't know what they were buying, so it's a greater theory and in this case, sam bankman-fried found a lot of better fools. >> this looks now more and more like it was really a disinformation operation by our government. they were weekly meeting with these big tech folks. it's important we get to the bottom of all of this because we never want this to happen again. >> i think it's wishful thinking to think the fed is going to pause when we're still at a 7% inflationary rate and the markets already priced in that tightening is going to slowdown. >> let's just take a look at what inflation is actually doing it seems to be trending down. i think they will hang their hats on that and probably a good opportunity to pick-up some stocks here that are on sale. ♪ i love my country, six strings and fiddles ♪ stuart: it is wednesday, december 14. check out that market.

remember, please, we've got the fed decision on interest rates going up this afternoon. nonetheless, we have a rally for the dow. it's up 200 points at this stage , before we find out what jay powell is going to tell us about interest rates. show me big tech please. a mixed picture, no it's not a mixed picture. they're all up. meta, microsoft, alveda alphabet , on the upside prior to the fed's interest rate decision interest rates actually right now are going down. the yield on the 10 year treasury coming in at 3.49%. all right, now this. the learning decline in our public schools during the pandemic has been well documented lockdowns and mask mandates had a very negative impact on our youngster s. the president of a big teacher's union does not want to talk about it. randi weingarten has refused to appear before a house subcommittee investigating the covid pandemic. house minority whip steve scalise wanted to know what role

weingarten played in drafting regulations that led to what he calls an unprecedented child academic and mental health crisis. weingarten says can't appear. i didn't have time to prepare. wait a minute. it was randi weingarten who consistently opposed reopening the schools. she had the ear of the president and the first lady and she used that influence to dictate covid school policy. randi weingarten should be held accountable for the damage those policies did to our children, but don't hold your breath. she has friends in very high places, gushing just the other day, to first lady jill biden, that joe biden had done more for schools than fdr. ignore the learning loss, ignore her opposition to successful and often non-union charter schools. ignore it all. randi weingarten doesn't want to talk about any of it so the public school failure rolls on. enrollment down. academic standards down. spending, whoa, way up. it's not the teachers who are at fault. it's the union.

third hour of "varney" starts right now. martha maccallum is is with me this morning. will randi weingarten ever be held accountable? >> well, i doubt it. i love everything that you laid out there. it's absolutely right on. we have tremendous learning loss it should be a national crisis that's being addressed. we have an enormous department of education, takes up almost an entire block in washington d.c., so if this isn't there every waking moment pro project, i don't know what is, right? but what we're seeing is that people are holding randi weingarten accountable in different ways and moving their children to school at home , moving them to catholic schools which they are founding affordable alternatives in many places because there's no more stark test of what she did than those catholic schools. they stayed open and they had

the same, if not lower rates of covid and higher rates of student achievement. i don't know what else you need to really know, right? so it's a failure of epic proportion on her part and the part of the unions and public schools and it's a travesty and also dr. jill biden whose an educator herself, should, i believe, be leading this charge, catch our kids up across america. why isn't this on the bumper sticker of every single car all over the country? stuart: it's a good slogan, got it. i'm going to change the subject completely with your permission. >> absolutely. stuart: i want to talk about the royals, harry and meghan. they had the biggest documentary debut in netflix history. 28 million households watched the first part. 81 million viewing hours, and i have to share a quick clip of part two. roll that tape. >> you just see it play out, like a story about someone in the family would pop-up for a minute and go gotta make that go away, but there's real estate on a website homepage, there's real estate there on a newspaper

front cover, and something has to be filled in there about someone royal. stuart: okay. i watched the first part of the series. i thought they were just totally self-absorbed and doing grave damage to themselves. what do you think? >> so, i also only watched the first part. i watched the trailers and i plan to watch the rest of it sort of i feel like i have to. it's my duty as someone who covers these stories here, but i hope it's worth it for them. i watched that part about them being splashed all over the tabloids. has she been living under a rock who doesn't understand if you marry a member of the royal family there's a ton of steph said about you and it's all over the place all the time. the fact that she didn't know she was going to have to curtsy, i mean all of this , i just find absolutely, you know, impossible so the only option here is that they've decided that with this enormous netflix contract, and the millions and millions of dollars that they made, they are

throwing, they talk about gas lighting they are throwing gas on this fire. there's no going back. they appear to want to destroy his family, because i can't understand what other motivation there is than to destroy the family. he said, you know, they were happy to lie, to protect my brother, so these are more than fighting words. i don't know how there's no repair here during the funeral we were all saying well maybe there's a possibility they're walking together behind the funeral, no. this is over and they've thrown it in, and i don't know what they are going to offer netflix after this , because this is it, right? stuart: yeah, what else they got >> everything they got. so i guess this is their retirement plan and the book. the book comes out in january. stuart: can't wait. martha, thanks for being with us this morning. >> always good to see you. stuart: i'm glad we agree about harry and meghan. >> it's enormously successful as you said, people are gobbling it up. so i'll be watching it on my phone in the back of a train probably later today like

everyone else. stuart: we'll be watching you on the story, 3:00 p.m. eastern only on fox. thanks, martha. back to the markets. mark tepper with me this morning i see green, dow is up 200 points, nasdaq 65, not bad. do you think, what do you expect to come out of this fed meeting this afternoon? a lot of our people on the show have been saying it's going to be quite doveish. that's where the markets rally ing now. what do you think? >> i agree that with their assessment, obviously. so yesterday's cpi report was good. it was a very benign report that showed it looks like the fed is winning the war against inflation; however, when you kind of look under the surface and think about all of the other issues the fed needs to address and you look at sticky inflation , you look at wages still up 5.1% year-over-year, you look at owners equivalent rent up 0.7% month-over-month, so a lot of things are still running hot. the fed is not done hiking. they are going to continue hiking. i don't think much has changed

in their mind. they are insisting that they do not repeat the mistakes of the 70s with their stop-and-go hikes. stuart: okay, so, i've got an odd ball question for you. >> okay. stuart: why are you buying stock in canada goose? >> all right, so a little bit of a disclaimer here so obviously, we run a diversified portfolio. we are overweight staples, healthcare, and energy so we're defensive. we are under weight other sector s but we need to own some consumer discretionary stocks and canada goose, you've got this bifurcation within consumer s right now where high income consumers are doing very well. lower income and middle income consumers are struggling because their quality of life is eroding with canada goose they are selling $800 jackets and they've been very very successful at raising prices. if you could afford an $800 jacket last year, you'll pay 850 this year and that's what they are finding to be the case so they are successfully raising prices. they are shifting to more of a

direct to consumer model, the stocks down 50% this year so at some point you have to jump on opportunities if the price make sense. i don't know that it's going to rise by 50% over the next year, but i think it's a good opportunity today. stuart: if they've got pricing power, they have got a stock that could move up. all right, stay with me for the hour please, mark. back to lauren. movers, start with lockheed martin. up again. lauren: reports that germany approved a $10.5 billion purchase of 35 fighter jets from lockheed martin that be a major policy shift for germany and it's happening after obviously 10 months now with the invasion of ukraine. stuart: next one is pfizer. they are going up again. they have a connection with china. lauren: well china has approved paxloviz, there's tons of covid in china. its been approved since february and used mostly in the hospitals but some of the healthcare companies are now selling it online for about $425 a box.

stuart: whoa. lauren: if you submit a positive test result so they need it, they have it and now they are selling it outside the hospitals stuart: that's way above what we charge here. lauren: yes. >> but you don't need a prescription. lauren: you do here for it. stuart: so that cuts down on the number of people who feel ill and go to the hospital. lauren: uh-huh. stuart: if you can just get your paxlovid -- lauren: i'm not sure beijing is okay this is happening but it is happening in china. stuart: okay i see charter communications on my prompter. i don't know what's going on. down 11%. lauren: this might be the worst decline daily since 2020 it's a telecom services company, think spectrum, this is charter communications so the stock is down for the first time in four days. they plan to spend $5.5 billion on a high speed internet upgrade which is great for customers, but that reduces your free cash flow that's not good for investors they are losing their patience with the stock, multiple brokerages cutting their price targets so this is your worst performer. stuart: lauren thank you very much indeed. house republicans launching an

investigation into the origin s of covid. they are naming names and demanding to know more about this gain of function research. a new study shows airbnb guests have more trouble booking rooms if hosts think they are black. we'll tell you what the companies doing about that. sam bankman-fried looking at decades in prison, if convicted of that laundry list of fraud charges, but where's the money? former anding attorney general matthew whitaker takes it on next. ♪ ♪ chevy silverado factory-lifted trucks.

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>> binance is a massive un regulated global monopoly now. they put ftx out of business. now, lots of other reasons, i'm sure, but that's my personal opinion. that is what sam bankman-fried told me in terms of where the assets went. stuart: all right now that was investor kevin o'leary testimonying in the sam bankman-fried. he lost his shirt at ftx. meanwhile, ftx founder sam bankman-fried remains in jail in the bahamas after his bid for bail was denied. kelly o'grady with me. he's charged with fraud. do we know where any of the money is. >> well that's the issue right? as of now we're not able to trace the dollars one-to-one. we're learning that he essentially put everything into a slush fund that he then used as his own piggy bank. so we've been digging into this for weeks talking to source , pulling blockchain ledger records and pouring over court documents so here is what we found. first a lot of value was lost in poor margin trading in crypto in general.

of course the industry has gone down, but this is a case of run- away spending funded by customer assets. i've traced both ftx and alameda they've spent billions on venture investments so we're talking a few million that added up on dozens of start-ups. second they also spent heaps on those sponsorships and celebrity endorsement deals. we don't know exactly how much for each but they were reportedly planning to pay taylor swift about $100 million so that does give you a ballpark range of what those figures look like. we also know company insiders paid themselves over a billion in loans and used company profits to finance those political donations. i want to highlight one of the criminal charges because it connects to that last point. violating campaign finance laws, what sbf and others are accused of is fraudulently donating under other names as a work- around to political contribution units and using customer money to do it so we know he alone donated nearly 40 million. this means that figure is even larger. listen to this. >> these contributions were

disguised to look like they were coming from wealthy co- conspirators when in fact the contributions were funded by alameda research with stolen customer money. reporter: that's pretty impactful right so tracing this money will take time because they had no record. it's kind of like a jigsaw puzzle missing pieces. the bernie madoff victims still don't have any money. stuart: that's a problem i can say thanks very much indeed. all right, former acting u.s. attorney general matthew whitaker joins us now. matt, sam bankman-fried is looking at many years in prison, if convicted. how do you see this thing playing out? >> yeah, some calculations have him over 100 years just on these initial charges that are contained in the indictment. i expect as this investigation goes on to have even more counts there's probably going to be at least one superseding indictment as the transactions are unwound in the scope of the fraud and

the embezzlement is truly understood but right now, the guidelines you pencil out at about 115 years in prison. stuart: who else is in legal trouble? >> well, certainly, some of his co-workers and co-investors at ftx, i think sometimes girlfriend, at least my understanding is she has retained counsel and is maybe even working with the feds on this case, but you know, most of the people that are in and around ftx that had any kind of agency or control over the money is probably in trouble and are probably talking to the government about this right now if they're working in their own best interest. stuart: what about the celebrit ies who endorsed ftx >> yeah, they are certainly going to be subject to civil cases and maybe some clawback from the bankruptcy court if they received

compensation for their endorsements recently, but many of these folks are going to be stuck in the same mess that many of the investors are and that is probably trying to get any money that's owed to them or trying not to give back everything that they got to attach their name to it but many of them are going to have obviously reputational hits from their association with this stuart: it doesn't sound like you expect much of the money to be recovered. >> i don't. i was looking at the stories this morning that have been outlined consistent with what was just reported and it looks like there were billions of dollars of loans that were taken out and the money is gone, and so maybe some of these investments can be unwound and some of the money returned but i think ultimately, you're looking at losses in the billions of dollars and it looks like when you open up the safe, there's not much in there to take. stuart: as i understand it, bankman-fried bought real estate in the bahamas, paid top dollar

for it, and now, the bahamian authorities want that real estate liquidated and they want to keep the money. i understand there might be a fight, a jurisdiction all fight here between the bahamian authorities and the new york authorities, is that accurate? >> you know, very much and these cross-border legal issues sometimes don't easily resolve and since it's in the bahamas you would expect that they have home court advantage in grabbing some of those assets, but yeah, almost $300 million of real estate was purchased to your point it's probably not worth that at this point in time, as it's being liquidated and so ultimately, that will be pennies on the dollar compared to what the initial price tag for those assets would have been stuart: so we're going to be hearing about this for years and years and years. >> a lot of lawyers make a lot of money on this , stu. stuart: they always do, matt, you know that. matthew whitaker, thank you very much for being with us, sir.

no insult to lawyers, believe me all right, come in here ashley, please. i want to know what congresswoman alexandria ocasio-cortez is saying about crypto regulation. ashley: i'm married to a lawyer so i have to be very careful. let's move on. yes, aoc says crypto regulations should be spearheaded by politicians who don't receive campaign funding from that industry. listen to this. >> is it possible to fairly regulate cryptocurrencies if politicians are getting money from those cryptocurrency exchanges? >> i believe that it makes it extremely difficult for any politician to regulate an industry that they receive donations from. regulations and legislation from the crypto industry should really be led, if possible, by individuals who do not receive financial contributions from that and i think that applies to any industry by the way. ashley: so disgraced ftx founder

sam bankman-fried sbf and this associates donated nearly 100,000 to at least a dozen members of the house financial services committee ahead of the 2022 mid-terms. the question is how many of those are going to give it back, seeing as it turns out to be ftx customers money apparently. stuart: yeah, exactly. who gives it back. thanks, ash. mark tepper is with me. is aoc right, you shouldn't regulate, regulators should not be taking money from the companies and services they regulate? >> absolutely. i've never agreed with her once. stuart: nor me. >> i'm on the record agreeing with aoc this one-time. yes if you are bought and paid for , that is a substantial conflict of interest. you should not be writing the rules if that's the case. stuart: i mean, you could lobby but you don't make political contributions to a politician running for office. >> right. absolutely. stuart: thanks very much indeed, young man. do you like fresh christmas trees?

roll tape. >> i give you the griswold family christmas tree. a lot of sap in here. stuart: all right now, you can have a real tree delivered to your front door the same day you order it. we'll tell you all about that. we got the fed decision today. could a pivot help us avoid a recession? john lonski takes it on, next. ♪ ♪ i got into debt in college and, no matter how much i paid,

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♪ stuart: yes, ladies and gentlemen, that is the all-american christmas tree on fox square, just outside our studios. you've been sending us your photos from in front of the tree all right, first off, here is carol and her crew from weathers field, connecticut. carol and crew and this is allison bean and her family on

their annual trip to new york. come on, keep sending us your photos. send them to "varney"viewers@fox.com. speaking of christmas trees you can now have a real one delivered to your door. instacart is offering same day christmas tree deliveries. you can get live trees up to five feet tall, artificial trees up to nine feet tall and also request that trees be trimmed and leveled before delivery. tepper, are you a real tree or fake tree guy? >> i wish i was a real tree guy it be a great tradition, cool thing to pick one out with the kids but unfortunately i must say i'm a fake tree guy. stuart: you're just a cold heart ed kind of guy. john lonski whose an economist is sitting next to you. would you trust someone else to pick your live tree for you? >> absolutely not because treats are heterogeneous. they come in different sizes, shapes, some are skinny, some are fat, i wouldn't trust anybody. i have to do it myself with the help of my wife and my son.

we all have to agree on it. we vote on it that's why there are three people. stuart: i'm not going to ask susan. >> mendelsohn be proud, he's the one that found how to split atoms and cells to grow trees. that's where i thought he was going. i would go with real trees. we don't do fake trees. stuart: fair enough i have to get serious. let's talk about tesla. it's a mover, susan what do you have on it? >> yeah, so we have tesla selling off once again, goldman sachs reducing their stock worth 235 from over 300 initially and that's because of weakening demand. you know tesla is offering $3,700 in incentive right now that you get cash back if you buy tesla before years end. doesn't that sound good to you, stu? stuart: not bad. >> they are also cutting prices in china we know, tesla the stock is down about 30% since that twitter deal closed dipping below half a trillion dollars in market cap for the first time since 2020 heading for the first down

and the worst year in its history. by the way this just broke last hour everyone is talking about it twitter just suspended the account that tracks elon musk's private jet, which is surprising given that he's talking about free speech on the platform except if you track where it goes on his private plane. lucid signing a battery deal with panasonic which is of course tesla's original battery partner. stuart: growth technology companies. >> leading the s&p and the nasdaq this morning. so think of the okta and snowflake, we know that speculative tech has been down about 70-80% on the year, up today on hopes that the fed will be a bit more doveish and maybe we'll get a peak interest rate below 5% next year. growth stocks as you know, valued on future earnings so if rates are lower income looks bigger. stuart: microsoft? >> i'm only doing this for you to be honest. so microsoft signing a deal with viasat today to supply satellite internet to underserved communities and areas in the americas, think of

latin america and africa hoping to get 51 million more people online. i did see that microsoft was one of the leaders on the dow. stuart: it's a wonderful thing. susan thanks very much indeed. tepper, i want to show you again the dow industrials now up 236 points. i put it to you the market disagrees with you. the market seems to think there's going to be a doveish fed report this afternoon. >> and maybe he's a little more doveish but i just i don't know. i don't believe it. i think he's going to remain hawkish. i don't think he wants to screw this up so yes the tier terminal rate down from 4.97 to 4.82% or something like that the expected rate but what really matters is not necessarily how many hikes we have today, how many hikes we have in february. what really matters is that tier min ale rate, how high we get and how long we stay there and i think the fed is more inclined to leave it high for a little bit longer to make sure everything is working all right

stuart: all right, economist john lonski the market seems to be telling me it's a dove this afternoon. what say you? >> well, you know, you called it a doveish approach by the federal reserve. we're still looking at rate hikes, you know, we still see the terminal rate going up it's going to be 4.4% this afternoon, and probably peaks at that 4.88%, say 4.9% come march and it stays there for a while and then the fed will see whether or not the economy begins to slow down so the fed maybe has to cut rates maybe the markets anticipating a rate cut in the second half, or whether or not they have to move higher, because the economy accelerates. stuart: you know, you economists on the one hand, it might be like this. on the other hand it might be like this. what do you think the fed is going to say this afternoon? >> the fed is going to say that they are going to have smaller rate hikes going ahead. that's what the market likes but the reality is, right now, despite the rate hikes that we've had since back in october

and november, the 10-year treasury yield is down to 3.5%. it's moving in a direction opposite to that of the federal funds rate and when that is happening in the past that tells me two things. that we are closer to a fed rate cut than is commonly believed and moreover, it's telling us that in all likelihood, we are going to have a recession perhaps beginning in the second half of 2023 not the first half. stuart: is that your opinion? recession starts in the second half of next year? >> exactly. that is what i'm looking for and that is when you're going to have a renewed sell-off of equities and you don't have a final definitive bottom for the equity market until it becomes clear that the u.s. economy is coming out of that recession. stuart: so no big market rally? >> i think you're going to have this up and down movement. we're not going to have that strong bottom until the recession arrives and after the recession hits, over the next 12 months, once the market forms that final

bottom, maybe we go up 20-25%. stuart: but not until then? >> not until then and this economy is not strong enough to shoulder a federal funds rate of nearly 5% for long it's not strong enough to shoulder today's 3.5% 10-year treasury yield for long. i go back to 2017, 2019, 10-year yield averaged 2.5% and you know with that we only had like a 4.2 % mortgage yield so we have to go lower with interest rates in order to have a stable economy with reasonable economic growth. stuart: okay, seems like you and tepper agree with each other on this. sounds like it at least without getting too complicated. lonski, you're all right thank you very much. go get that christmas tree okay? >> okay we already have a beautiful tree this year. we lucked out. stuart: you think you're paying too much for your cell phone each month? there's now an artificial intelligence bot that can help negotiate your bills. we'll explain it.

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stuart: one more time, look at the nasdaq up 81, s&p 500 up nearly 30 points, that is a rally. i'm going to put it to you again , mark tepper, that this market believes that the fed will be doveish. >> you're moving the market. every time you bring it up, it goes higher. look, you might be right that he comes across as a little doveish , and from a day-to-day perspective, you know, that means a lot if you're a trader

but i think overall, what really matters is that the fed is not going to stop when they just have groceries and gasoline prices in check. they aren't going to stop until they break the labor market. they have to break the labor market to deal with wage growth which is like 5.1% year-over-year so i think investors need to realize that and it's great that we are winning the war against inflation, but whenever there's a war you're going to have casualties and in this case, you're looking at demand destruction. stuart: but he doesn't want to crash the stock market. >> nobody does. stuart: would not want to do that. >> nobody wants that blood on their hands. stuart: that's why i think you might be rather doveish. only time will tell, mark. frontier airlines created a solution to the staffing shortage they've created a new training program for aspiring pilots. connell mcshane in denver. no previous flying experience required for this , and they have you behind the controls after two years.

that's pretty good. what do you say? reporter: that's right. it is pretty good. you know it's interesting, because they are getting all kinds of people applying. obviously they need the pilots. just give you an example, stuart there's a young man we met 25 years old brice deets is his name, studied finance in college , got a job after school and he made over $200,000 just last year working in a private equity firm, but the problem was , he was miserable. >> if i was going to take this chance now and kind of take a leap to go into a completely different industry, this was the time to do it. connell: brice had a model to make that change. his uncle was an accountant years ago, didn't like the job he wanted to change as well. he changed and now he flies for southwest airlines. >> he made it sound truthfully it's a very interesting job so he has the best office everyday. his worst day innerve equation is better than his best day in

accounting. connell: so now here he is training to follow in his uncle 's footsteps flying planes using simulators like this one at atp flight school which partners with most major airlines, after about two years the simulators get a little bigger and they look and feel just like a real live airbus a 320. we've actually tried it out for ourselves kind of fun the simulate or , and frontier ceo barry biffel, these cadets when they get out make good money as soon as they complete this program. >> it's around $100,000 a year, the first year and that steps up pretty quickly thereafter, and then we're in the luxury position of within three to four years, you upgrade to captain and so you move to the captain scale which is typically, you know, significantly higher as much as double what you earn as a first officer. connell: now you got to fly a plane like this which isn't a bad living i guess that's what's attractive to bryce.

stuart just one other note slightly different subject but what's interesting talking to ba rry biffel. he says this holiday season very strong demand. so many people are working from home they are so flexible now maybe fly on a wednesday instead of a weekend and the bookings are really looking strong for christmas and the holidays. stuart? stuart: connell quick question how much do they charge for this flight training school? connell: yeah, very good. so, 90,000 so it's a $90,000 commitment. it's expensive and what frontier does is they give a stipend to help out with the education at the flight school and an incentive for pilots to come with them maybe as opposed to another airline and the young guy we talked about he thought about getting his mba, and he said that was pretty expensive too and this is just better quality of life so it's interesting, you get a lot of people from all kinds of walks of life. stuart: connell thanks very much indeed. a new study finds airbnb hosts are discriminating against black customers. ashley? how did they find this out and what are they going to do about

it? ashley: well, they say looking through the data, they found a meaningful difference in the booking success rate for user whose are perceived to be white compared to those who are perceived to be black. users who are perceived to be white had a booking success rate of 94.1% while users who thought to be black had a success rate of 91.4%. now, the company launched an initiative to uncover and try and remedy race-based discrimination on its platform and followed a study from harvard that found that airbnb hosts were less likely to rent to guests with names that sound ed african americans. now airbnb has taken a number of steps in recent years including getting rid of guests profile pictures prior to booking, and also auditing bookings that were rejected to find out why. stu? stuart: got it, ash. thanks very much indeed. it's that time when we show you all of the dow 30 stocks, we do as we say get a sense of the market. my sense is theres a lot of

buying today. i've only got four losers chevron, amgen, goldman, and verizon, all the rest headed by microsoft by the way, which is up five bucks, they are all winners and the dow is now up 240 points. troubling new report shows thousands of people have died from complications of long covid dr. siegel is here with the risk s you need to know about doc siegel next. ♪

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an increased risk of infections some serious... and the lowered ability to fight them may occur. tell your doctor about an infection or symptoms... or if you've had a vaccine or plan to. tell your doctor if your crohn's disease symptoms... develop or worsen. serious allergic reactions may occur. watch me. stuart: one company has developed an artificial intelligence system that helps you negotiate your bill, phone bill. ashley? how does it work? ashley: yeah, and every other bill. a company called "do not pay" that bills itself as the world's first robot lawyer launching a new ai-powered chat bot that can help you negotiate bills, cancel subscriptions without having to deal with customer service. that's worth the price of admission right there. once you provide all of the relevant account details the bot can do all of the time consuming tasks for you like filing complaints about service, canceling subscriptions, that's a big one even fighting parking tickets and for the first time,

this ai bot can actually interact with a representative in realtime. in a demo posted by the company, the bot was able to negotiate a discount on a comcast internet bill and even manage to secure $ 10 off a monthly bill after complaining about the service and you don't have to do anything. good stuff. stuart: and don't tell your wife about robot lawyers, okay? simple as that. ashley: [laughter] not going to touch that. stuart: republican lawmakers demanding answers about the origins of covid. so all right, ashley. are they pointing the finger at the wuhan lab? ashley: yes. house republicans say there is mounting evidence that points to the virus originating from a leak at that wuhan lab. the gop has released a list of 40 officials from the biden administration's health groups and the health department and they expect to hear testimony from those individuals in the new year. the chief one, of course being dr. fauci. his republican congressman jim jordan.

>> there were all kinds of facts that fauci knew, we're going to have a hearing later today and i'll point this out. key facts he knew when this thing started february 1, 2020 he knew all kinds of things and he kept that information from the american people. ashley: mr. jordan talking to mr. "varney" right there. jordan also requesting documents and communications from nine top officials including fauci and health and human services secretaries xavier beserra. investigations into the chinese origins of covid largely going new where. why? beijing has refused to cooperate big surprise. stuart: i don't think that will change either. thanks, ashley. another study, new one and it shows more than 3,500 people have died from illnesses related to long covid. dr. siegel joins me now. first of all, doctor, what is long covid and secondly what illnesses are we talking about here? >> great questions as usual, now, long covid, we're still figuring out what to say that is

but it's persistence of the virus at more than three-to- six months affecting different systems of the body like including lungs, heart, brain, kidneys, liver, and also pancreas. that's what we're looking at. now the 3,500 deaths the cdc is reporting there, stuart, this is really important, are from the beginning of 2020 to the beginning of 2022. most of that is delta or alpha or the original virus, which we think had more long covid and a lot of those deaths are associated with heart or lung problems. that's the key there. you know, there's another study out of the uk looking at people in 2020 showing almost 50% more women than men having long covid symptoms if they are obese but as we've gone into the omicron phase, we've seen a lot less long covid unless it's a recurring infection, so i think this is more historical data than it is relevant to right now

the other point i would make is just because it says long covid on a death certificate doesn't mean that they proved that was the cause of death. it's a wakeup call we've got to track this. it doesn't mean that they actually got it right on the death certificate. stuart: i'm going to change the subject a little bit here because new york city schools, they are recommending that the kids wear masks, and anecdotally i can definitely tell you that a lot of the kids are getting very sick in the schools, in new york city. what do you make of this development? >> well there's a lot of rsv in new york city and a lot of flu and there's less covid but we're seeing more covid, and i think the real question is who is wearing the mask and do they wear it right? i've talked to multiple child psychiatrists and pediatricians around the country over the last several months who have said they've seen very few young children wearing masks properly. well if it isn't worn properly, what good is it? and we've documented here that it interferes with earn hadding

and socialization and a lot of other issues that you need to learn in a school, including reading and writing, so what about ventilation, what about distancing, what about testing people for covid, you know, what about testing people for flu? i want people to stay home when they're sick. how about that, stuart? you and i definitely agree, stay home when you're sick, right? stuart: yup, i'm with you that works for me, doc siegel thanks very much indeed. see you soon. >> great to see you, stuart. stuart: it's wednesday, trivia question, here you go. after alaska, which state has the longest coastline? florida, california, maine, or louisiana? yup, the answer after this. can help your business get a payroll tax refund, even if you got ppp and it only takes eight minutes to qualify. i went on their website, uploaded everything, and i was blown away by what they could do. getrefunds.com has helped businesses get over a billion dollars and we can help your business too.

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stuart: here is the question again, which state has the longest coastline? florida, california, maine or louisiana? i will start this one. i think this might be a trick question, about maine for something. i will go do florida, how but, mark? >> i will go with california? stuart: ashley,. >> florida. stuart: okay, so two for florida, we're right. >> good job. stuart: that is the correct answer. florida's coastline stretches for 8,436 miles. because it goes all the around and back up the other side, okay? time's up. thanks for joining us mark. see you later. neil, it is yours. neil: all right, stuart, thank you very much. we're waiting for the fed

decision two