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 hours away. we're looking for the federal

reserve to go ahead and raise interest rates for 7th time this year. betting it is half-point hike. we'll know in about two hours. we'll speak separately with sec commissioner brendan carr. we have pennsylvania republican scott perry on the battle republicans have to find a leader. so much to get into. let's get a read what is at stake on the part of the federal reserve. whether it signals it will maintain the pace, slow it down, maybe spread these out, anyone's guess. david wagner, joins us. mitch roschelle, macro trend advisors founding partner. david, beginning with you, what do you expect? tee it up for us? >> yeah, you know i think today will be very much a non-event for us, for the market. we just talked with jerome powell two weeks ago. so i think the messaging will be very much the same. obviously we'll look past the opening phrase and press

conference to see where his tone is but i think the overall base says for today the fed remains laser focus on inflation. they will sound as hawkish as they possibly could. i think three things could maybe catch investors by surprise. one would be 2023 median dot plot. if you get 50 basis points in february instead of 25, a second would be if the fed eliminates the word ongoing from their statement that could be more of a dovish pivot, could happen much sooner than later. i think the market is very much undecided what the fed will do, how much, if they will slow down on the february 1st meeting. whatever powell says about intentions for the meeting, definitely what the market focuses in on. definitely 50 basis points outside of that pretty much a non-event. neil: mitch, what about you, how do you see things planning out today? >> i agree it will be about q&a

i'm interested in how he thinks about the cooling number on cpi number. maybe if edward lawrence is listening condition ask chairman powell this question, the consumer is loading up on credit card debt, especially in the holiday season when you see a lot of demand. the goal of raising interest rates to choke off demand but we can't seem to totally choke off demand. so what are they doing? leveraging up. balance sheets of households are being decimated with too much debt a lot less savings. i'm worried about the long-term economic consequences of that. if the fed, whose goal in raising rates is to choke off demand how they feel about the borrowing of consumers. we're at like, you know, financial crisis levels, pre-financial crisis levels of credit card debt again. neil: pce which you were alluding, mitch, david, i want to pick up on that, personal consumption expenditures what

overall individuals are doing. they're still spending but to mitch's point they're piling up debt doing so. so there is a little bit of a, you know, a concern whether that, that will continue. where are you on this, david? >> yeah. i know i really want to focus on the sentiment for, the propensity for the consumer to spend next year. what we saw for q2 earnings, q3 earnings, you know what? consumers sit on $1.9 trillion of excess capital heading into covid. they're not afraid to spend that right now. what you've seen with the 2023 earnings expectations, they have come down from $253 in the middle of august, to $230 now. that is still a 5% increase over last year's expected earnings, if you fast forward to 2024, see earnings increase by 14% over 2023. folks are loading up on debt. going back to covid level, pre-covid level levels. they're sitting on a ton of capital now. they're not afraid to spend it. neil: what is interesting,

mitch, even though rates, this trend on the part of the fed, look at 7th such hike today, a 7th coming from virtually zero rates the beginning of the year, to now, in the four neck of the woods, but mortgage rates have been declining for the last few weeks, i believe four. what do you make of that and what that part of the market is telling you? >> well, the, two things, neil. first of all mortgage rates tend to move with the treasury curve and the treasury curve and interest rates are getting bounced around about concerns about the economy plus what the fed's going to do. the again the fed when they move rates they move the short end of the treasury curve, we do have potential recession fears which are playing games with the treasury curve. the other thing to remember is, is that the fed had been buying mortgage-backed securities for quite a while. you and i talked about this perhaps a year ago, that maybe they should have stopped. so the fed was pumping an

inordinate amount of liquidity into the mortgage market which they have stopped doing. so the mortgage rates need to sort of auto adjust on their own. i i do think lower interest rates for mortgage market is good for housing. the thing about housing when they buy a house they buy stuff to put in the house which is really what boosts the economy. neil: well-put. gentlemen, i will go back to you in the next hour, get your sense where this momentum could be going. meantime we're looking at a lot of developments in washington today. on the other side of capitol hill is what is happening on capitol hill itself and trying to avoid a government shut down but times awasting. chad pergram could have covering it all. what is the latest? reporter: there is tentative agreement for bipartisan negotiators for a long term funding bill. the house will tackle a short term bill.

that stop as immediate shutdown. to prep the longer bill next week before christmas. there is internal dissent among the gop. utah senator mike lee accused leaders using christmas as a wedge. >> they're not really saying we don't want the threat of a shutdown. they're saying we want to move the threat after shutdown, the possibility of a shutdown closer to christmas? why christmas? when the anxieties of the american people and their elected representatives in congress are at their maximum. that is where we fall feel it the most. reporter: conservative republicans demand house gop leaders handle things differently when they're in the majority. >> we'll push it to the line, everybody you will here on the 23rd. then they get all their garbage in it. they stack it up. both sides do it. i hope we do better when we're in the majority. reporter: this is why conservatives are taking out

their fury on gop leaders who sometimes agree to massive deals thrown together just before the holidays. >> the status quo is unacceptable. >> the status quo is kevin mccarthy. >> mitch mcconnell preparing to roll the house right now on additional trillions of dollars in spending. tell me how something changes here? so kevin mccarthy can be something other than the status quo but something in the status quo has to change. so far it hasn't. reporter: house minority whip steve scalise is advising republicans to oppose the short-term bill. one provision in the big bill, modifications to the electoral count act. neil? neil: chad, thank you for that. you might have cot in chad's piece, scott perry, pennsylvania republican congressman not too keen on gimmicks being played. kind enough to join us now. congressman, thank you. >> thank you very much, neil. like i said we're about poised to spend i don't know 1.9 trillion more dollars. you had the folks talking about

the fed raising interest rates. the fed is trying to cool down inflation. meanwhile congress in senate particular, some in the house as well are ready to pour the gasoline ever inflation right on that same fire. it is absolutely absurd. the american people just spoke. gave republicans the majority in the house and so what happens on the way out the door in this lame-duck session, never happened before. we're going to spend billions in a omnibus. we'll pressure you werize everybody right up until christmas to be forced to vote for a deal they would not otherwise vote for. it is unacceptable. it is appalling. outrageous, voters should light up senate's phone saying absolutely not. neil: meantime you alluded to the fact you guys gain control of the house. you have that next year. why not, would you be open, to, congressman one week sort of extension and then let the republican congress, the republican house, sort this out in the new year? >> because this is a one week extension to get an omnibus to

lock republicans, the republican house in for the rest of the year, a massive spending bill that takes us the rest of the fiscal year. that is not what we're interested in. if they want to do a one week cr to get into february -- neil: i'm sorry, if you didn't have something tied in unequivocally to that but a one week cr you would be open to? >> well, one week cr that gets to us february potentially but not what they're talking about. that is not what they're talking about at all. they're talking about rolling the house of representatives, literally cutting out american voters that just sent representatives to washington, d.c., as republicans to stop these kind of antics. they will not give them the chance. they're going to have no chance to deal with that. it is all going to be done. neil: all right. so do we know, you've been critical of guy who wants to be next speaker of the house, kevin mccarthy, you've been also questioning those who want to topple the guy. so where are you now?

>> so this is what we can't have, neil. einstein described insanity as doing the same thing and expecting a different outcome. so we're looking at changing something. we can't do the same things under the same conditions with the same people and expect something to change. so something has to change. either the way we do things or the people running the show. you know as well in business very well, that you can't continue to have failure and do the same things. so either we get a change in personnel or a change policy the way we're doing things here. we're trying to work that out. let me just say this. no matter who it is, any republican will be better than any democrat leading the house of representatives. there will be no chance, there is no operation or option whatsoever democrat could run the house of representatives moving forward after january 3rd. that's a given. that must be stated clearly but we cannot keep doing the same things pause we'll have what is happening right now happen over and over and over again.

trillions and trillions of dollars of debt mounting up, helping our adversaries destroying america's ability to avail themselves to opportunities, let alone, let alone making ends meet. they can't even make ends meet right now. you just had on your show how they're piling up debt. that's because what we're doing in washington, d.c., is destroying their personal financial liberties and it absolutely has to end. some way it has to end. and if we're going to just continue with the status quo, you can expect more of the same. it is uncomfortable sometimes for folks but this has to be done. neil: isn't kevin mccarthy the status quo? >> in many ways people see him as that. again we're not here to make it about personalities. the members that have, want to change the status quo have issued a series of ideas. they're not written in scripture. they're not written in stone but if you have better ideas we're happy to hear them. all we're saying is that either

the policy, the way we run things have to change around here, or the management has to change. we're open to either one but what we are saying emphatically is we can't keep doing the same thing the same way and think there is going to be a different outcome. my mind is open to -- neil: i hate to belabor the point, congressman, help me with the math. doesn't look like mr. mccarthy right now, is that fair? >> if the election were held today he does not have 218, but look, we're republicans. we can work together. we're going to find a way to change things around here one way or the other and become unified in january. it is a process that we have to go through but there is no american left, right, or center agrees what is happening with washington, d.c., good for our country, financially, culturally, et cetera. so this is a forcing function and like i said it is uncomfortable for some folks but we're happy to do it because we

want to save the republic. somebody has to fight on the republican side. neil: all right. keep us posted, congressman. always good talking to you. scott perry. he is the pennsylvania republican, house foreign affairs committee, house transportation infrastructure committee. now republicans will be in the majority next year. of course even bigger player in deciding where the republicans go for that matter, where the next potential speaker goes whoever it may be. meanwhile we're getting more details what life could be like for sam bankman-fried. he is sitting in a bahamas prison for the time-being. he will be there until february. we're getting indications as well his total time in prison could be a lot longer than that, after this. ♪ ♪

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cosentyx can help you move, look, and feel better... by treating the multiple symptoms of psoriatic arthritis. don't use if you're allergic to cosentyx. before starting...get checked for tuberculosis. 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. hi, i'm jason and i've lost 202 pounds on golo. so the first time i ever seen a golo advertisement, ask your rheumatologist about i said, "yeah, whatever. there's no way this works like this." and threw it to the side. a couple weeks later, i seen it again after getting not so pleasant news from my physician. i was 424 pounds, and my doctor was recommending weight loss surgery. to avoid the surgery, i had to make a change. so i decided to go with golo and it's changed my life. when i first started golo and taking release, my cravings, they went away. and i was so surprised. you feel that your body is working and functioning the way it should be and you feel energized.

golo has improved my life in so many ways. i'm able to stand and actually make dinner. i'm able to clean my house. i'm able to do just simple tasks that a lot of people call simple, but when you're extremely heavy they're not so simple. golo is real and when you take release and follow the plan, it works. neil: all right. from billionaire wunderkind to wondering just how long sam bankman-fried stays in prison if he is found guilty of some of the escalating charges against him. try about 115 years. kelly o'grady has more. kelly? reporter: neil, he is already getting a taste of what that might be like. he is set to spend the holidays in a bahamian jail cell. yesterday a local judge denied the former crypto king's about for bail, determining he is too much of a flight risk. imagine that. he did indicate he will not come

back to the u.s. easily. he plans to fight extradition, refusing his right to waive extradition hearing. a ba bahamian judge set that are for february 8th. he faces legal challenges and investigations. fct and sec filed suits the latter accusing the former ceo swindling equity edge investors out ever $2 billion. the big one is federal prosecutors filing criminal charges. the indictment was unsealed yesterday reveal egg the former crypto king faces eight counts, from wire fraud, securities fraud to violating campaign finance law. if convicted like he said of every count, sbf could face a maximum sentence of 115 years behind bars. one thing i noted in the indictment, it said sbf and others were referenced a lot. we could see a number of coconspirators named as well there is uncertainly whether the

case is too complicate what sbf did. i like what the fbi shared yesterday. fraud is fraud. >> this case is about fraud. fraud is fraud. it does not matter the complexity of the investment scheme. does not matter the amount of money involved. if you mislead and deceive to take what does not belong to you we will hold you accountable. reporter: that statement shows they are looking to make an example out of sbf. i will leave you with this though, neil, i was reading a 2019 study done on that ba heyman jail sbf sits in. the conditions, there are rats, maggots. so probably a little bit different than he is used to with the mansion accomodations he was in before, neil. send it back to you. neil: just a tad, even if it is in the bahamas. to your point, kelly o'grady thank you very much. the suits are flying as are the charges. latest from the commodities futures trading commission filed a separate civil suit against the ftx founder

sam bankman-fried. crystal johnson joins us now, a member of that esteemed body. what is this one about? >> good afternoon. thank you so much for having me. neil: thank you. >> as you noted and as was made clear yesterday during a press conference with the u.s. attorney for the southern district of new york and the sec director of the division of enforcement and our acting director of division of enforcement the regulatory agencies and law enforcement have locked arms to insure as you described in the earlier segment fraud, that is fraud. as i described in many other instances we are technology agnostic. complexity agnostic. our goal is to insure if you lie, if you cheat, if you steal, if you violate provisions could. the exchanges act commit fraud or manipulate markets we will aggressively enforce to the fullest extent of our authority and consistent with our remit as

indicated by congress. neil: you know, it is not your fault, i'm not criticizing you, commissioner, but didn't all of this unravel because this guy screwed up and if you call it a ponzi scheme or something, that is what triggered investigators attention and that is what maybe triggers the commission's actions now? but why wasn't any of this caught earlier? >> well, to be quite honest there is a tremendous challenge with respect to our visibility into the activities of cryptocurrency exchanges. i was nominated to serve on the commission after having raised alarms about the number, numerous issues that arise in the context of unregulated cryptocurrency exchanges, acting as cud toesians and holding customer funds, being entrusted with other peoples money. i think supreme court justice lewis brandise described it at the turn of century. they have organized in a manner

as ceo john j. ray utter failure with respect to corporate governance and risk management policies. however that was not visible to us at the cftc where we did have visibility with a entity owned by ledger x. ftx which is ledger x. this is not part of the bankruptcy. it is solvent. customer funds are accounted for. we continue with daily, hourly basis with boots on the ground effectively overseeing that entity. there are many questions that remain but there is very clear about the entities we regulate directly under our authority, under this commodity exchange act and those that we have no authority with respect to regulating. those who are engaged in spot market transactions or cash market transactions and ftx international is one of those entities. neil: okay. bottom line, a kid who was able to you know bring on a lot of celebrities to push his cause

and his investments and his exchange fooled a lot of people. he snookered a lot of people, didn't he? >> so you're exactly right and i would say our claims just boil down to sort of two buckets if you will dealing with the kinds of issues that we see at this point based on our investigation. the first is that misuse of customer funds that i just described before. when any entity, cryptocurrency exchange or otherwise custodies the money of individual customers we closely monitor the extent to which that money is reinvested, rehypothecated, used by the hedge fund, alameda exchange in this context, for any purpose that the customer may not be aware of or may not be permissible. that misuse of customer funds is one set of claims, one set of issues we raised in complaints against sbf and ftx. the second issue goes to what you described, the leveraging of

influencers if you will. i think that some are calling them crypto influencers. we certainly know they participated in broad scale marketing campaigns. they were engaged in facilitating ftx's successful marketing, its ability to recruit and solicit customers, facade, opacity, the mystique that was used to motivate customers to entrust ftx with their money. that was later as i suggested comingled in omnibus accounts and then used for leverage plays by the firm based on our current understanding what has taken place. in that second bucket the material misrepresentations, what is really helpful in 2010, when congress passed the dodd-frank act, they enabled and empowered the cftc with additional authority, not only do we have the long-standing capacity to effectuate and bring claims where there is fraud but also where there is manipulation in commodities markets. so if you misrepresent material information for the purposes of

effectuating a fraud that affects commodity prices, we have extensive authority to bring claims and that is exactly what we're doing in this context. where we had no authority, no visibility, it was very much difficult for us to directly regulate or require registration of ftx's cryptocurrency exchanges or have the kind of visibility that is necessary for us to effectuate the mandate that congress has given us. neil: there was, to your point, commissioner, a lot of overlap and inconsists what one agency could handle someone else was not. i'm sure that will come out in weeks, months, dare i say years ahead. commissioner johnson for joining us. >> thank you so very much for having me. my pleasure. neil: in the meantime there are a lot of people who want to punish tiktok. there are those who say the hell with it, get rid of tiktok. after this.

neil: man, oh, man, it must be a sign of the times are changing at apple, even countenancing the outside apps. gets a little bit more nuanced. susan li has more. reporter: side loading, neil, apple could allow apps to be uploaded on the iphone without first going through the app store. so that means no 30% commission fees that elon musk and epic games loudly complained about. bloomberg reporting that apple is considering allowing this and actively in the process of writing the software to make it possible for next year's io s.1

7 update. not 100% but companies like spotify, bumble match this week. being forced by eu digital market rules to allow other third party payment systems. one caveat could be safety requirements apple has very strict rules. not all apps will not meet the standards so you might have to go go through the app store. twitter charges three more dollars per month for the twitter blue subscriptions on iphone because of the 30% app store fees. speaking of twitter, elon musk, the twitter account that tracks his private jets has been permanently suspended. the user behind the account already tweeted this weekend the elon jet account was being severely limited and rye stricted. it is interesting, given musk is a free speech advocate, he said he would not suspend that elon jet account just to prove his point. maybe he had a rethink. tesla investors are hoping he has rethink his time how it is being used.

being more vocal with the preoccupation of twitter. tesla stock at two years lows, down 60%, on track for the worst record first year down in six. tesla below half a trillion dollars of market since 2020. that is elon musk was overtaken as worldest richest man by lvh boss. i will make sure tesla shareholders benefit from twitter long term. insider intelligence yesterday, that is a research house forecasting that twitter users especially in the u.s. will drop to 50 million in 2024. that is the lowest since 2014. sales will be flat for two years, neil. i think consensus on wall street is, they're hoping he doesn't spend too much longer focusing on twitter solely. neil: they're clearly concerned it's a distraction for him, right? >> reporter: yes, absolutely. you've seen that in the stock price as well. they hope they can get some sort

of ceo in there quickly. neil: we'll see how quickly. thank you very much, susan. want to go to brendan carr right now. of course he is a prominent player certainly in these types of issues. he is senior republican on on on fcc, federal communications commission. comes at a fortuitous time. brent can carr, republicans are leading effort, mayors and governors on capitol hill, quit tinkering with tiktok. just get rid of it. how do you feel about that effort? that it's a trojan horse through the chinese spying on us and anything we advise or tell them to do they're not going to do. so just outlaw it here? >> look, this is the type of week that tiktok spent millions of dollars trying to avoid. it is why they brought in high-powered lobbyists former members of congress to avoid what is happening this week,

bipartisan agreement in congress, republican, democrat, that tiktok presents an unacceptable national security threat as well as a serious threat to the well-being of american families. as you pointed out the dam has broken nationwide. states across the country, 12, many in this last week again alone looking to ban tiktok. this comes on the heels of biden administration officials speaking out. fbi director chris wray has sounded the alarm on tiktok. avril haines, director of national intelligence said parents should be concerned. a state department spokesperson. senator mark warner, chair of senate intel, it goes back to him. he was an early advocate for us standing up addressing the threat that tiktok poses. i think at the end of this week really the fundamental question has changed. it is no longer whether tiktok will be banned in terms of its current operations in the u.s. but a question of when. neil: i talked to my young sons about this, 20, 21.

their view, they love tiktok, commissioner. not that should influence your decision. but when i pointed out that the argument against tiktok as much they loved it the chinese are spying on you, all sorts of algorithms to target you, they say well, doesn't everyone do? it was cynical response. they get the cynicism from their mother. my point was, what do you make of that point? who doesn't? note trying to forget china's activities, who doesn't gather info on their customers? >> i think we should be clear about the threat that it poses. there is something very unique about tiktok compared to other social media applications who hoover up a lot of data. one they're reporting officials with bytedance, parent company in beijing are tracking the location of specific americans. we've seen reported now foreign influence campaigns where the propaganda arm of the ccp targeted specific u.s. politicians ahead of the

midterm, targeted them for criticism. unlike social media apps didn't disclose the link back. in terms of kids this is really serious. the version of ticktok demonstrated in china, shows kids educational material science i believes museum information. here it is serving things like the blackout challenge, which resulted a dozen kids unfortunately hanging themselves and killing themselves here. we've seen reporting from "the wall street journal" kids are being targeted with content that is resulted in eating disorders, extreme unhealthy exercise. we seen reports of tiktok, they are developing ticks from following turrets syndrome videos. the threat is multifaceted. parents should be concerned. neil: this is deliberate effort led by the chinese government, this is a way of getting into kids heads, entertainment and going way beyond that. >> that is exactly right.

this is concerns raised on abipartisan basis. 12 different governors across the country taking action. two different versions of tiktok really tells the tale. there is the spinach version inside of china, different unhealthy content delivered to our kids this algorithm was ultimately developed in beijing, controlled by beijing. long set i don't see a path forward where we continue to allow this toe operate. the attention turns to the biden administration. they hold the key to taking decisive action. they allowed continued data flows. they pushed the pause button on that to reassess the risk. the problem that leaves us fully exposed. right now the data is flowing back unchecked to beijing. content originated there delivered to millions of kids right now. time for the biden administration to step up to bring to a close its ongoing review of the application. neil: sounds like they are

changing. they're trying to find the timing, or a face saving way to do so? >> i think that's right. there is bipartisan legislation introduced this week by congressman gallagher on the republican side and crush that murthy on the democrat side. these are bipartisan national security officials saying it is time to act. again i wouldn't want to be biden administration navel gazing every piece of content that comes right back we own it in the administration if we don't take action to cut it off. neil: brendan carr, i wish i had you around to talk to my sons. >> happy to do it. neil: thank you very much, sir. good to see you again. meantime we're sending more arms to ukraine, that is not new but what we're sending is. our jennifer griffin will explain after this.

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neil: more help on the way to ukraine, boy, can they use it. the u.s. apparently set to send patriot missiles there. jennifer griffin with details from the pentagon. what is all of this about? reporter: this was the worst-kept secret in the pentagon this week. senior defense officials confirming to reporters that the biden administration is finalizing plans to send patriot missile defense systems to ukraine for the first time. the pentagon press secretary remained mum awaiting the defense secretary and president sign off. announcement could come as soon as tomorrow. >> now again, i don't have anything to announce but we're going to continue to adapt. we're going to continue to stay flexible and we're going to continue to work with ukraine to insure they're getting what they need. reporter: the patriot missile is the u.s. army's primary long-range air and missile defense system. a typical patriot battery includes a radar set, eight

missile launchers and 32 missiles. the u.s. sent batteries to poland and slovakia after russian invasions. they have had a 100% success rate we're told shooting down russian missiles so far. six more nasms has been promised to ukraine. the biden administration is weighing to send a handful of u.s. troops to ukraine toe track american weapons, to fend off criticism from house republicans who would like to cut funding to ukraine. >> at this point we have no information that would, no credible information that would indicate there's been any diversion of ukrainian assistance into illicit means. reporter: on monday president biden at a "toys for tots" event appeared to shoot down the idea of sending any u.s. troops to ukraine. president biden: we sending

troops to ukraine? no. sending material like we have, billions of dollars. reporter: but in may the u.s. embassy set up a small team under the office of defense cooperation to conduct inspections on u.s. weapons shipments. >> in terms of the numbers associated with that mission again we're talking small numbers. we don't discuss specifics for operations, security reasons and force protection reasons. reporter: the patriot requires dozens of crew to operate, months of training. the u.s. military cut down the training from months to weeks, teaching ukrainians to use the nasam defense units at training facilities in germany. the neil? neil: thank you very much jennifer griffin on that. meantime you remember the baby formula shortage? that still exists but now a even bigger concern for parents way beyond that, an anti-bottom tick shortage. i kid you not, after this.

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so i decided to go with golo and it's changed my life. when i first started golo and taking release, my cravings, they went away. and i was so surprised. you feel that your body is working and functioning the way it should be and you feel energized. golo has improved my life in so many ways. i'm able to stand and actually make dinner. i'm able to clean my house. i'm able to do just simple tasks that a lot of people call simple, but when you're extremely heavy they're not so simple. golo is real and when you take release and follow the plan, it works. >> welcome back to "cavuto: coast to coast." i'm lydia hu. the nation is grappling with a shortage of antibiotics including amoxicillin. this is popular treating many children. this pharmacy behind me is very

low own amoxicillin telling us it is two to three weeks on back order. part of the problem, many ingredients needed to make our antibiotics come from overseas. 83% of the companies responsible for producing critically important ingredients are based overseas. that comes from a non-profit that tracks the data. you see how india, china, in particular have grown their supply of drug ingredients to the united states. companies in india, the part you see here in green, they were associated with 20% of the ingredients back in the year 2000. but by the end of last year that had grown to 62% for the year. china, the portion you see here in blue, grew from 4% to 23%. while the number of american companies making drug ingredients, the part here in red it shrank from 15% to just four. now we talked with the ceo of u.s. antibiotics.

it describes itself as the only licensed u.s. manufacturer of amoxicillin brand products. he says other countries allow companies to produce medications and their ingredients at very low costs. it has squeezed american companies out and the race to the bottom for prices. >> just in the area of amoxicillin, china, the chinese government made a very conscious decision to invest heavily into developing very large production facilities in china. so they drove a lot of companies that were in the united states producing amoxicillin and those companies went out of business. for a number of reasons but i think primarily it was just the price dropping so low. reporter: and now the company's ceo you just heard from, he says u.s. antibiotics is in touch with the fda about boosting supply but he adds until the united states is able to bring

back manufacturing and the supply chains, until they're back based here in the country, shortages that are being experienced across the country and here at this cvs, they are going to continue, neil. back to you. neil: thank you for that, lydia hu. just back a little while ago from maternity leave. obviously these are concerns. so too my next guest, kacie mcdonnell, fox news, "fox nation" host i should say extraordinaire. i will get details what she is working on. she too back from leave. cacie you had the baby formula issue, now the antibiotic issue it has to be nerve-wracking. >> thanks for having me. had the formula issue, still such an issue. i have groups with my friends, which one are you looking for? i saw this one here, let me ship this. i have people all over the country, family members looking for formula on me. i'm on lists, i'm getting alerts. it is still such an issue, people, i'm not saying do this,

people are going to extreme to make their own formula. you cannot do that. do not do that. i suggest not doing that. a third of households struggling to find formula. some people are watering it down. please do not do that either this is a serious issue. i remember being pregnant last year and talking to one of my friends. she is like, we'll be fine. this shortage will be over. it won't be an issue. we're still dealing with it. neil: now the antibiotic thing. >> yes. neil: that has far greater implications, right? >> absolutely. my son has an ear infection now. i'm jetting out of here to be home with him. it is nerve-wracking for first time parent. i don't know what to do. ps, amoxicillin can't get that home. send him home, give him a good bottle? i can't find that either. neil: incredible. you are back and running here at work. a special coming up on "fox nation" on whitney houston. obviously a gifted artist,

incredible voice but you go into it in a different way. you discover ad lot of things. tell us a little bit. >> the voice as a matter of fact. this was really interesting. whitney was whitney i should say before my time of really appreciating music, if that makes sense. i would argue that if she were alive today she would put people like rihanna and beyonce today. her level of fame, especially today with what social media is, she would be off the charts. i think what's really important when you watch the special available now on "fox nation," her reverend said she had angels, she had demons. she was human. i think that she will, you know, we remember her for her demons and such a sad way we lost her too soon. she battled drug addiction throughout her life, but her angels, what she gave to the world, joy, happiness, from acting, singing, just to her style. she is an icon that will be memorialized forever, gone too soon. you can learn so much about her right now on "fox nation."

neil: what i find increasing is, you get the people who knew her well, her friends, her goddaughter i believe? >> yes, her goddaughter, her reverend, a girl from new jersey. this is what she did, she took over the world. i think it is so funny, i will always love you, everyone's tried to belt that out. i was talking to ainsley about that this morning. and you don't even realize, i didn't realize it until a few years ago that was dolly parton's song. we love dolly, come on, it is whitney's. neil: yeah. i heard the story it was a bad morning when she would have a slight scratch in her throat, it would still eclipse any other voice out there. looking forward to see that special. good luck with everything else, mommy hood. kacie mcdonnell following all of this, "fox nation" host. hitting the ground running now that she is back. stocks running too. we'll have more and why after this.

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