♪. stuart: i tell you this one really stumped me. what was the original name of pepsi-cola? ashley, you're first. >> i have no idea. i go with pep cola, number one. stuart: tepper. >> i will pick the most outlandish one, brad's drink. stuart: so am i. i can't imagine. yes. >> boom. >> it was named after its creator, the pharmacist caleb bradham in 1893. the name was changed to pepsi, i don't know why, 1898. know everybody you know. mark, thanks for being with us this morning. ashley have a good time in florida. time is up for me. varney is done. "coast to coast" starts right now. neil: all right, it is noon. we have so many meetings so little time. today has got to be a near record for these type of pow

wusses. house judiciary committee looking into the border mess. there is the house oversight committee taking on fraud and waste in the whole pandemic spending mess. federal reserve wrapping up its own two-day meeting in a couple hours where we're told they will likely hike interest rates another quarter point. today the biggest meeting today, smallest meeting. only two people attending, but two very important people, the president, house speaker kevin mccarthy. mano-a-mano all things money. don't expect breakthroughs on raising the debt limit. speaker mccarthy is just happen the president is open to discuss it. not just discussing what mccarthy and republicans really want. tying spending cuts to raising the debt ceiling. it is a start but how much of a start? welcome, everybody, i'm neil cavuto. busy news day all the meetings. all that. we'll try to get through each and everyone. let's start with jacqui heinrich at the white house.

>> reporter: hey, neal. we know what the white house wants from the meeting, the white house wants assurances from house speaker kevin mccarthy that the u.s. will not default own its debt obligations and mccarthy's budget. [reporters shouting quote] >> will you negotiate with mccarthy? >> show me his budget. show me his budget. >> reporter: the white house remains firm they will not seth on raising the debt ceiling but mccarthy checked the history books. >> i would think if you listen to the president in the past, he always thought people should sit doesn't and negotiate, especially on the debt ceiling. literally called those negotiations the biden talks. i would expect that same thing to happen. >> reporter: white house officials are still describing this meeting in the vaguest of terms probably because both sides still appear dug in. ahead of the meeting biden officials released a memo with quotes from former republican

leaders like former president trump in 2019. can't imagine anybody thinking of using the debt ceiling as negotiating wedge. also senate minority leader mitch mcconnell earlier this month saying america must never default on its debt, never has, never will. the white house memo states speaker mccarthy says reducing the deficit is a top priority for him and his caucus. so far house republicans offered up detailed plans to increase the deficit. not exactly suggesting that they're set to make any progress here today. >> president has said he will put his budget forward on march 9th. he will ask speaker mccarthy to put his plan on the table f the speaker wants to have a conversation about fiscal responsibility he owes transparency to the american people. let's see where he intends to make those cuts. >> reporter: this meeting is closed to press. the only images we might get from it will be released by the white house. we won't be there to hear what is said. won't be there to see any body

language. it is distraction from the ongoing fbi search at president biden's rehobeth home. neil. neil: kevin mccarthy is free to address reporters coming out of white house s that planned? >> reporter: i expect he would. when he has been here came out to the sticks and said a few words. we would think he wants to do that in this instance but we don't have that ahead of time. neil: thank you, jacqui heinrich at the white house. meanwhile we have representative tom emmer coming up, new white house whip. republicans are tied to raising debt limit, $31.4 trillion. tying it to more spending cuts. the white house is just as adamant to say not to do that we've been on this journey before, in case you're counting, 82 times since john f. kennedy was president of the united states. who is counting. get into it with scott martin,

kingsview, lou, public ventures president, chief market strategist. lou, the backdrop for this is that the federal reserve is meeting, likely raising rates another quarter point when it wraps up its meeting in two hours. i guess the bigger question, is will that do it or is there more to come? >> i don't think it does it. i'm in the 1.1% that believe the fed will raise by 50 basis points. neil: wow. 50 basis points today? >> 50 basis points today. there is great saying from hum if i neil, everyone expects 25. there is compelling reason. the fed is fighting this we're data dependent, wage growth is cooling. at the same time they're deathly afraid of repeating history in the 1970s and stopping too soon. i would think they would rather be late on the data side than wrong when they stop rates. i'm in the minority. i know that i think there is real strong possibility we see 50 basis points today.

neil: wow, what do you think of that scott? >> i think it would be crazy for the markets because the market is not expecting that, neil. lou if that is the case if we get 50, does that mean 50 is coming down the pike at the next meeting? i think the market to your point is expecting couple more 25s. then we're done. that is what open markets are saying as far as the 10-year treasury note, telling the fed they need to stop soon. neil: you know, guys, you could make money on this, lou, just indulge me on this crazy thought, every time, every single time that the fed chairman opens his mouth stocks drop. because if they're happy about one thing, you know, i guess he wants them miserable. so this notion maybe to yours, that you know, a quarter point will be fine, he could surprise them, his comments afterwards could reinforce that even if he does stick to a quarter point but telegraphs many more such hikes to come. what do you think? >> yeah. look, i think tone and tenor really matter here, right?

if he does 25 or 50 what does the statement say? is there ongoing increases coming? i would tell you that the market is a forward-looking beast and has gotten a little ecstatic. look at the runup yesterday leading into this. the nasdaq even bouncing off the lows for the year. i think the market has got a little bit ahead of itself. there is risk in the major markets. to scott's point, i don't have a classified document tell me what they're thinking for next one. they're laying around everywhere. >> check your garage. >> maybe in my garage in the corvette, right? if it is 50 here i think we definitely taper after this. i think, there is a lot of consensus around that just over 5% interest rates right? real interest rates and you're seeing the impact of that happening right? we saw wage and salary growth come back in the most recent data. inflation is still hot but it is definitely peaked. so i think you got to let that bake in a little bit longer. neil: all right. well i do have a classified document on the federal reserve whole thing here, might as well

share it with the american people. you're right consensus is quarter point. could be half a point. let me pursue that movement with you, scott because then it could have a big impact on wiping out whatever january gains we saw for this market. now, not that the january indicator is always right but it is mostly right. as it goes, often times so goes the rest of the year. how do you play that out? i would buy it, neil f we get a bad reaction today i would buy any dip because i think you're right. i think january has been very strong, indicative what i think will be a better year than what a lot of people expect. to lou's point, regardless what the fed does today, my friend. we'll be done by june say at the latest. the market will preempt that. run ahead of what the fed done maybe cutting rates by ind. year. any dip should be bought. neil: do you really see, lou, on this case, i can't see the fed cutting by the end of the year or reversing a lot of this.

it could slow the pace of increases t could stop the increases by may, june, whatever. i know you're not in that camp but i can't sigh them reversing things. what do you think? >> no. i don't either. look that is bubbling up as kind of consensus. i think it is wishful thinking. i just don't think, the fed has not been that nimble ever, right? they were late to start hiking rates. why do we think all of sudden on the flipside they will be quick to start lowering rates? i just think to scott's point there could be dip buying opportunities. watch out for big tech names. amazon tomorrow would be really vulnerable on disappointment. what we're seeing on our side strength in the small cap market. early innovators in biotech they bottomed earlier. that could be a opportunity here. big market selloff, get dips on the small end of the market. small cap russell 2000 hit 10-month high. that could be opportunity for investors. how to play powell, like you said he opens his mouth stocks drop. i don't want to be him.

that is not a track record i want or what scott probably wants either. neil: gentlemen, thank you both very much. we meanwhile been asking a lot of you what you think should happen right now in this environment, the backdrop, where we're looking at maybe the end of today, looking overnight, four 1/2 to 4 3/4%. that is baked into the cake a quarter-point hike. when asked should the fed continue to hike rates to combat inflation, two out of three of you said no. 64.4 debt set against it. 35.6 okay with it. we've also had a chance for a lot of folks to sort of digest what is going on here. why the fed is doing what it is doing here. zz tweeted, no more hikes. hands off government. the restart student loan payments reduce spending. the market will self-correct. then there is brian who tweets it takes 12 to 18 months to realize the effects of rate adjustments on the economy. take a beat. now the rate hikes started last

march. by that math you would have to wait until at least march to see the first signs of impact here. maybe well into the summer. so we'll see. finally, drew says, it is a bandaid on a bleeding wound. all of this tweaking rates printing money, is going to do something but future harm. there are many in that camp who just say, the fed is going to make things worse. we shall see. we'll know in less than two hours the at least for today. what that latest move will be. meantime the latest on the president and these documents. now they're searching his vacation home in rehope beth, delaware. how is that going? after this. ♪.

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♪. neil: you know it occurs to me when we signed david spunt with the whole document thing with the president we get them to say, david only a day or two story, have at it. it has been dragging on for many weeks. david has been relentless following all the latest developments including now the fbi searching apparently the

biden as rehobeth home. can you tell us more about that? >> reporter: fbi agents began searching this morning. a source sass they will stay there as long as they need to find any potential classified documents. we know this is the president's vacation home in rehobeth beach delaware. he bought it in 2017 after the left the vice-presidency. when president trump was in the white house at the time, beginning of summer of 2017 when he bought it. this morning, fbi agents in unmarked cars came to the home and began searching this is consensual search without the search warrant. president's long-time friend put out a statement and lengthy. with the president's full support and cooperation the doj is conducting a planned search of his home in rehobeth delaware. under doj standard procedures in the interest of operational security and integrity it sought to do the work without advance

public notice. we agreed to cooperate. the search today is a further step in a thorough and timely doj process. we will continue to fully support and facilitate. we'll have further information at the conclusion of today's search. neil, bob bauer seems to think this will end today. first of all the home is not that big. the president has not been there that long. today also at the justice department where i am robert hur and his staff were getting acquainted. they are meeting. he was appointed a few weeks ago to investigate this biden document scandal. he has been getting briefings up to speed over the past few weeks. now his staff is fully on board. we're told he will reeve a complete briefing what was discovered, if anything discovered in rehobeth beach as soon as the search is done. neil, to add more on to the plate, we reported yesterday the fbi searched the penn biden center that think tank in washington, d.c., in mid-november. that was just made public yesterday. further pointing out that there

was just a slow drip of information and down the street at the white house today it is chief of staff ron klain's last day. surely he's looking forward to leaving this behind. jeff zeints, the former covid coordinator, he is now coming in. also it is important to point out merrick garland, the attorney general, chief law enforcement officer who technically oversees the fbi will be at an unrelated event at the white house today, sitting just feet from the president of the united states while fbi agents search his home. big juxtaposition there, neil. neil: absolutely. real quickly, david, the last couple weekends i think the president went to camp david rather than go to either one of his delaware homes. >> reporter: yes. neil: in retrospect we can understand why, with these multiple searches is it all clear if he wants to he can go back to those homes? >> reporter: you know we don't. i mean we think that it is the all-clear. we know that they spent, when i say they, talking about fbi agents couple weeks ago spent almost 13 hours in wilmington t

appears they got everything they needed to out of there. rehobeth as i said is not as big of a property and the president does not have roots at that home as long but there have been questions about the president's, you know at the university of delaware, other locations that may eventually be sought. we can't tell. we know that he went to camp david this past weekend but he goes specifically to wilmington a lot. rehobeth, yes, he gets into the mix there. neil: right. >> reporter: but wilmington specifically a lot. it appears the search is done in wilmington and potentially rehobeth today, bob bauer, in that statement, he has known joe biden for years, he said at the conclusion of today's search they will provide more information. they seem to think this will all be over today. neil: david, probably just another days of this document story you will have that baby wrapped up. david spunt at the justice department.

chris sweigert, former assistant fbi director. chris, always enjoy having you. i was being facetious about it how long could all of this take? it seems at a minimum, between investigations, who had what, parceling out who gets access to it, this is many months we're talking about, what do you think? >> i suspect so. since just heard that the special counsel hasn't even gotten out of the starting blocks yet. i had thought maybe this was special counsel showing initiative and some energy here. but apparently that is not the case. so, you know, here's the thing, this does not follow the template, none of this is following the template of a normal investigation. these are nicely arranged consent searches between attorneys. everything is very gentile. they determine the scope and, you know the breadth of the search and where the search can take place, the conditions of the search. i have never seen anything like this. neil: i'm just wondering to what end? they have too sort out as you

and i were getting into yesterday who gets access to what and when. i get that. three different committees, senate intelligence committee, house judiciary, house oversight, it is confusing but when you learn that the general counsel involved isn't exactly rocketing through this stuff you got to wonder. >> yeah, that just bespeaks of a long drawn out investigation. you know i think in some ways the department of justice painted themselves into a corner because they were so visible, so smash mouth, so aggressive with the trump document investigation and now they have to kind of show that they're doing things on the biden investigation but it is coming out in dribs and drabs and it is all very mild, as i said very genteel. they painted themselves in a corner. they have to let us know something is going on. in a normal criminal investigation we don't need to know or should know what is going on every step of

investigation. none this is following the passenger of a normal investigation. neil: wild. we'll see how it sorts out, chris. long way from sorting out to your point. chris swecker, former fbi assistant director. focusing on tesla, sales are soaring. right now so is production. we're on that after this. ♪ lomita feed is 101 years old this year and counting. i'm bill lockwood, current caretaker and owner. when covid hit, we had some challenges like a lot of businesses did. i heard about the payroll tax refund, it allowed us to keep the amount of people that we needed and the people that have been here taking care of us. see if your business may qualify. go to getrefunds.com.

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issue notwithstanding. more on that later. focus on tesla ramping up production. good news for tesla. the cuts on price are sending buyers around the world scurrying to buy the cars. it helps in china production is back on, trying to get it back on. susan li with more on that. >> we saw tesla up 2% in the morning session on back of this news, output will be increased in shanghai back to shows sent levels. shanghai is pretty important to tesla because they make around 50% of the cars that tesla produces around the world. that includes the cars they export to europe until gig ga berlin ramps up this means with the price cuts people really want to buy their teslas. i mentioned the stock actually went up. shanghai will ramp up to 20,000 vehicles they say each an every week. think of that. that is about 80,000, 82,000 of model 3s, model ys they turn out each and every month. that is back up to the september

production levels before covid lockdowns interrupted a lot of the production taking place in china. also you heard elon musk on the earnings call saying demand is two to one because of those price cuts. that means that production needs to increase. you know, let me tell you about those price cuts. in china they were cut by 13%. here they were cut by 20%. we were talking how the discounts frustrate ad lot of tesla owners who had to pay full price. you had this price war being i ignited by the price cuts. ford cuts the price of mach e. 4900-dollar discount. they will not make money now on each mach e modell they say. think about gm what they're doing. gm came out with a pretty monsterous report card. neil: two billion dollars. >> making more sales this year. price war is maybe getting people back into the showrooms. tesla, if we're going to look at tesla more closely i want to talk about jobs because you just

talked about the stock market, why it is falling into the fed meeting. i think the stock markets are down because of the jolts number, of 11 million job openings. means they will probably have to raise rates a little bit more to slow down the economy. neil: just think not too long ago we were 10.2, 10.4 million. now we're up to 11 million. the fed could view that as inflationary. same point a regional reports could hint of a slowdown. it's a jump ball. >> people are questioning where are the job openings coming from? tesla already laid off 10% last year with super bad feeling musk had. rivian announced a 6% layoff of headcount. they laid off 6% last july as well. money especially in this higher rate environment is pretty tight. people are trying to make sure they have the right size, maybe the right headcount if we go into a slower growth economy. neil: i think job openings are all in fast-food restaurants because there is no one there.

waiting forever. really, in leisure hospitality they can't fill the jobs. >> what about severance package as lot of high-tech jobs are getting? that prolongs actually the non-farm payrolls report. neil: severe as they are in percentage terms quite low. that doesn't mean you sort of write them off. even in fedex's kate with 12,000 workers announced we're talking out of a workforce of close to 550,000. >> that's right. i'm trying to think rivian is in the tens of thousands. meta is reporting they laid off 11,000. neil: that's right. >> we're talking about small percentages by everybody else, right? neil: when they accelerate people do notice. it is, really is a jump ball for the fed. you would be interested in this though, susan. every time you and others look at tesla, what is going on, it must be like a pavlovian response you get. people either love the company, the stock, the guy behind it,

elon musk or they hate it but we always get a strong reaction including a guy yesterday neil, we're not that far from 100% penetration with electric vehicles in the next few years. >> come on. neil: i know. >> we're at 10. neil: i didn't say come on. i said oh, come on. but, but anyway huge reaction to the segment. i want to share this with you. pedro says tesla is garbage. with new players in the game they will lose the poop fans they still have. i have no idea what you're talking about. keep writing. also had j.t. you have to use your brain listening to gary black on tesla. black was the gentleman who said we're going evs, price will come down. it will be 100% for everybody in a few years. that is when both susan and i said, come on! that is what we said. tweet three, this is from lamar who says, gary black, you're a star. again the guy who is very bullish. as you can see hot and cold

reaction to this. >> i think gary black, highly respected tesla. neil: absolutely. >> he really goes through the margin reports. that is kind of the concern right now for these electric cars. neil: but 100%? oh, come on! >> give me a timeline. neil: not a few years. >> not a few years. less than 10% right now. 100% would be at least a few decades, no? neil: those numbers would be very handy for me to have yesterday but you are so right. susan, thank you very much. feel better. battling a cold. what a champ. when i have a hangnail i take off but that is not susan. we have a lot coming up right now. we're monitoring the fed. monitoring what they're thinking, hour 1/2 away. i always wonder if they make a move. they decided on one move. then they're looking at markets. scratch that, let's do something different? probably not. we're down 339 points. ♪. thby

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♪. >> welcome back to "cavuto: coast to coast." right now on capitol hill the first of go hearings on the border crisis are underway right now on the hill which shows you how much of a priority the border crisis is for house republicans. today's judiciary committee is holding a hearing primarily focused on the fentanyl crisis. in fact one of the witnesses of this hearing is the father of a teenage boy who died of an overdose. things are not so contentious with the witnesses, this the is first gop herring in the house. we've seen a lot of tense moments between republicans and democrat. >> just a few days ago he said the border is not open. would you agree with that? >> no. >> they tell us the reason they're here is because president biden and welcoming sign. >> the republican majority seems interested only in showboating. they continuously talk about a

so-called biden border crisis even though this administration kept in place numerous policies from the trump administration. >> reporter: we're expecting another hearing on the border next tuesday. house oversight chairman james comer will hold that hearing. he will bring in border agents to testify. we're expecting congressman andy biggs to introduce articles of impeachment against homeland security secretary alejandro mayorkas. that is set to happen sometime this afternoon. he would be the second republican to do so this year, neil. no word yet though on whether or not the gop conference will actually take a vote on it. neil? neil: thank you, ashiah, for that. as we told you at the outset we had a lot of meetings, very little time. we'll get to all of these meetings. chad pergram on that other one has the house oversight committee looking at covid relief and a lot of spending abuses there. chad, what is the latest?

>> reporter: neil, the gop says fraudsters ripped off tens of billions of pandemic dollars from the federal government. in fact gop senators rand paul and joni ernst wrote to the inspector general of the small business administration. they asked how much fraud is tied to paycheck protection program? >> there are definitely indication of widespread fraud but it is impossible to estimate right now what the full extent will be. time will have to unfold. these investigations will have to be undertaken. >> reporter: democrats criticized gop leaders on the oversight committee for targeting its investigation of fraud. alexandria ocasio-cortez highlights problems in kentucky, the home state of oversight committee chairman james comer. >> louisiana dispersed more than one million to individuals after the date of their death. in kentucky, state employees applied for unemployment

benefits while still employed by the state and none of these states have been put under investigation by this committee. >> reporter: republicans are highlighting covid fraud as a way to reduce spending and address the debt ceiling. however budget experts say cutting waste is not enough. >> these pie-in-the-sky proposals coming out does make it more difficult for serious proposals to be taken seriously because it is kind of like a false sense of possibility. you think you can achieve something with, you know a little cutting of waste fraud and abuse and you can't. >> reporter: house speaker kevin mccarthy says republicans will not cut medicare and soes security in efforts to curb spending. he meeting today with president biden today on the debt ceiling. neil. neil: thank you, my friend. chad pergram from the capitol. with us right now, congressman tom emmer from minnesota, house

majority whip. big cheese in washington. we're lighted to have him. when you look at spending waste tied with covid, where does it go and how do you claw the money back? >> first you have to figure out what happened, neil. thanks for having me. neil: thank you. >> where does it go? this is the job of the congress is to oversee what the executive branch has been doing, what these different agencies have been doing in terms of administering policy and funds that were appropriated or directed out of the legislative branch government. by the way, neil, this hasn't happened in four years. there has been literally no oversight in the last four years? where does it go? we have our work cut out for it. we'll have to get to the bottom of this, and several other issues that are pending. neil: what was disturbing, congressman, i know you're in

the early throws of investigating this, individuals maybe who lied made up social security numbers to get the aid and money, they got it. i don't know what they did wit that will be a devil of a time getting that money back, isn't it? >> no, it will be, but again too early to say yes or no, neil. neil: right. >> you don't even know the full extent of the problem. it appears it could be tens of billions of dollars. but this committee, look, four years overdue, two years overdue i guess when we're talking about these programs but at least we're getting to work. republicans will lead the effort. i expect democrats will come along because nobody wants to see this fraud and abuse taking place with taxpayer funds. neil: for lack of a better term, congressman, the covid emergency we're told is over. republicans wanted to make that effective now. the president was going to put it off until i believe march 11, but bottom line it's over, whether it is now or in some weeks. what if it reignites again?

what if you know covid cases start spiking again? it seems unlikely. we have had sporadic sort of spikes, what do you think? >> i hope we learned a lot from the last couple years, neil. a lot of people didn't really understand what we were dealing with two plus years ago. as we start to look back, as congresses to do its work, peel back the onion, see why certain decisions were made, which ones were good, which ones were bad, the important thing we have a president who told us the pandemic is over but not willing to roll back the emergency declaration until may 11th, neil? house republicans are voting to end the national emergencies based on the pandemic because it is over. like any other public health issue i hope we learned from the past. i hope we're better prepared for the future. neil: that is significantly later than i thought. thank you for correct me, congressman. tom emmer, house majority whip

has his work cut out for him. jackie deangelis on "the big money show." what we are looking forward in 15 minutes. >> neil we have a big show coming up. counting down to the big fed decision. charles payne will join us on set to break it down for the viewers. we indiana senator mike braun. he is on the senate budget committee will talk about high-stakes talks over the debt ceiling in washington. coming up at top of the hour. don't want to miss it. more "coast to coast" after this. ♪.

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♪. >> it is time for more leadership. it is time for the fact that we really start to take our country back. we cannot have another term of joe biden and we have to remember too, we have lost the last seven out of eight popular votes for president. it is time that we get a republican in there that can lead and that can win a general election. neil: all right. she's off and running. two weeks making it official, nikki haley, former u.n. ambassador, former governor of south carolina.

she will look any support where she can find. i don't know if franklin graham will be among individuals she seeks out. it would be a good request idea samaritan's purse ceo, billy graham evan guessistic association ceo. kind enough to join us. you eschew political endorsements. your dad too. they would like to see him and seek out his counsel but how do you play this early election year? >> neil, work of samaritan's purse, billy graham evangelist tick association goes across party lines. i want people to know god how they can have faith him through jesus christ. that is what i focus on. elections come and go. politicians come and go. our our country continues. no doubt about it. look back at 2016, president trump was probably one of the

best presidents in my lifetime, neil. boys is he did. took on our enemies. was not afraid to stand up to them. policies gave us best economy in 70 years. we tried to hire people in samaritan's purse we couldn't get people, everyone had a job in the country. it was fantastic. the judges, that he appointed will have an impact for my grandchildren and great grandchildren. i think he is a great president but the country is moving on. he is getting older. i'm not sure you know who will be running against. i'm not sure what other republicans will throw their hat into the ring, that kind of stuff. i'm staying out of it. i did in 2016. i never came out and endorsed donald trump. i support him in the sense when he was president, i did everything i could to help him because he was my president. and i'm glad, i'm glad that he was our president. neil: so, if he were the nominee

for the republicans would you then endorse him? >> well, that is hypothetical. if, if, if. i, let's wait to get there, see what happens. neil: i only said one if. it is like if he were the nominee. i'm kidding, i'm kidding. obviously candidates would like the shine of being associated with you, being physically with you. that was much the case you know, with your dad, billy graham. of course that was immortalized in "the crown," the series on the royal family. this particular episode caught my eye. i wanted to talk to you about it. this is is the crown. >> i enjoyed that very much, speak with clarity and certainty. i find it very reassuring. it is not only me. the rest of the country too i imagine. >> yes. we've been surprised ourselves at the turnout.

>> really? >> uh-huh. >> you shouldn't be. increasingly complex world we all need certainty. neil: you know, we're told they had a number of meetings. i didn't realize the number of them. she was clearly messerrized by his words, how he presented himself. never overt. never loud. never shouting. never judgmental. i'm wondering do you carry that with you, where you might not like something you see in a politician or another government official, maybe you quietly counsel them if they ask to speak with you, you to them. how do you handle it versus your dad? >> well, i'm not my father. he is a unique individual. god used in a mighty way. of course he had a great relationship with her majesty, they knew each other since the early '50s. i think he had 12 occasions where he was with her. so that was just another time. of course today, the world is so

much different. i think this coming election will be neil, maybe one of the most important in our lifetime because socialism has come into our politics and communism. i will be bold enough to say that. many people i believe in the government today i believe want us to go down the road of communism and it it's dangerous. we have no place to run, no lace to hide. when eastern europe went under communism they could come to the west, united states to find freedom. if we lose the united states, where do we go, where do we run? i think that is such an important election. neil: i want to end on an important note, reverend. tom brady is retiring from football. i don't believe it. >> i did -- neil: i think he will suit up again but you know far higher and more reliable authorities. what do you think? >> well, the last game i watched

in, he had a little difficulty throwing the ball. maybe it's a good time for him to step back and let somebody else do it. neil: do you want to wager money on this, reverend? no. talking to the wrong guy about that. >> well i don't have as much money as you, neil. neil: i don't know. i don't know. reverend, really is an honor, all kidding aside talking to you. your dignity through so much, family all through that history as well. we'll see what happens with the whole tom brady thing. >> okay. neil: a lot of people are wondering what will he do and will he stick to this retirement goal after this? ♪. last .. you can't buy those. but you can invest in them.

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he just didn't wanna do that. he was proud of the price he was charging. ♪ my dad instilled in me, always put the people before the money. be proud of offering a good product at a fair price. i think he'd be extremely proud of me, yeah. ♪ "cavuto coast to coast" 20 you could take it to the bank or the higher source, you heard from franklin graham who thinks he will stick with the retirement announcement. unlike last year to the day -- >> i thought he took a shot at grady. if you're cynical you would say this is his annual retirement announcement. it was a year ago today the first one came out but brady says this time it is for good,

those are his words in this video that came out earlier and there was a hint of emotion as he was thanking family, friends, teammates, and competitors. >> thank you for allowing me to live my dream. love you all. brian: his ex-wife entering the comment section of his instagram post wishing wonderful things. a new chapter of your life. the last chapter filled with records, most regular-season touch townsend passing yards, postseason the compliments more impressive, this is a guy who won 10 consecutive postseason games which is ridiculous, the biggest stage, 7 super bowl titles, 5 times by any objective measure tom brady is the best football quarterback of all time. off the field he lives in a

constant spotlight making his first red carpet appearance since his divorce, a sports comedy movie, his business empire is on clothing line, and there's more to come. this is more career change than retirement, brady is set to talk about football instead of playing it. he has a contract waiting for him, $375 million. neil: i think he will try for that. we have seen so many do that. brian: should wait 5 years, when he is 50. neil: i know you are back with a big show. jackie: i don't think he is coming back but that is okay. brian: welcome to "the big money show".