muck oh, yeah, you really got me now ♪ stuart: you really got me. the kinks. i remember that. must be 50 years old, that song. morning, everybody. 10:00 eastern. straight to the money. where are we now on the dow? we're up 41 points. the nasdaq, though, is down 76. it's a mixed picture on the markets this morning. the 10-year treasury, that yield going up just a little, 3.55%. as for bitcoin, there's trouble in the, what is it, the market there for -- cryptos. thank you very much, indeed. fill out my sentences for me,

please. crypto's in some trouble. bitcoin is down to 26,8. there you go. now, just received the important news on consumer confidence. there's a number involved here. what's the number? lauren: it's a surprise gain, and the number is 104.2. we were expecting a decline, we got an increase. here, here we go, give me one second, sorry, this is coming in hot and fast. so people are typically asked how do you feel about the present situation. that number surprisingly went up in february. for the month of march, that went down. expectations index, how do you feel about the near future. the number 80 signals recession within a year. we've been at 80 for 11 of of the past 12 months. that number ticked up a bit to 73. so still below 80, but all in the all, this report shows consumer confidence in march has improved. stuart: okay.

i don't think it's had any impact on the market that that can see. the dow is still on the upside, only just, 30 points. nasdaq still down about 80 points, that's .67 percent. no impact that i can see from that consumer confidence report. of all right, folks, now this. this story won't go away. that tells me we've reached an important moment. i'm talking about the shoutdown of a federal judge who had been invited to speak at stanford law school. that was three weeks ago, but it's still being discussed in the elite media. here's what's new: most opinion writers are opposed to the woke students who did the shouting down. that's something. until now any and all conservatives could be shouted down or banished from campus. maybe stanford was a bridge too far. the intellectual weakness of wokeness has been exposed. in "the washington post," no less, ultra-liberal ruth marcus says stanford if's students lost a chance to learn when hay

shouted down a judge. that's kind of mild, but marcus concludes that we should openly express unpopular opinions because if we don't, we're left with what she calls pallid mush. that's better. stronger stuff from my colleague, gerry baker, in the wall street journal. quote: employers need to put the squeeze on woke intolerance, end quote. he's carrying the argument further. he's calling for accountability for the disrupters of free speech. if we don't, he says, we're going to transform the law into a tool of the new identity class struggle. do you remember con stand tin -- telling students at oxford university to be quiet and listen? roll tape. >> i am so tired the of talking about woke culture. that's why it's gone too far more than anything else. free speech is not some right-wing reframing of whatever, it's the foundation of wen civilization. finish. stuart: yes, indeed.

bring that man here, please. and today there is this, 6,000 students at george mason university have signed a petition to stop virginia governor glenn youngkin from giving the commencement crease. youngkin says he's going anyway. [laughter] if you value free speech, that's the best news of the day. second hour of "varney" just getting started. ♪ ♪ stuart: i want to get back to finance. [laughter] i don't know why you're shaking your head -- what's up, scottsome were you listening to my editorial there? [laughter] >> it makes my blood boil, stuart. i mean, i have two big reasons for why we're in the situation we're in. number one is we've lost control of our universities. i think that's pretty plain and simple. that's gone by the by, that's been a big one. then a lot of people have started to talk about it. number two, stuart, i hate to say this, but the further or and

further we get away from world war ii the, you see more and more of this happening. you combine the fact that we've got a bigger distance there from world war ii the with the fact that we've lost control of our universities, and we've got ourselves in a pretty big pickle. stuart: i think you're right. let me move on to finance because i think you expect -- are you looking for a depression coming up, not just a recession? the markets are suggesting a soft landing. are you going as far as depression? >> i'm, i'm getting a little bit more negative op on what we've got many in front of us here. you've got some big things that i look at and some of the folks i speak to. we've got some people out there that have been pretty big hawks are calling for 2-4 rate cuts. larry mccom ed's calling for a rate cut by july 4th because of what's been happening. first of all, it starts with the banking sector. when we lose confidence in banking, we have this contagion, so hay might want to stop raising rates, but if hay don't, they lose control of inflation. the fed's in a pickle. and now that we've had these

banks start to see their knees wobble, they're going to stop lending. heir going to tighten, right? you're not going to be able to buy a house or start your business as easily as you could have before. so if they stop the flow of money at the regional banking centers, we're going to start to see a significant slowdown in our economy. and now you've got 10 states out of 50, 20% of the states are showing a marked increase in unemployment claims to the tune of about 25% annually, a rise in unemployment claims, and another thing we're also watching is the 3-month, 30-year yield inversion. when that starts to bottom, and it looks like it did over the svb crisis, that's going to start to steepen, and that's going to show us more and more stress on the economy. things aren't looking good. i mean, the last thing to really fall would probably be labor, and we're starting to see cracks there. i'm surprised at the consumer confidence numbers coming through because i think the consumer's also at their wits' end because of the auto loan defaults, and we're starting to see that on homes.

but more and more folks are saying, hey, if you want to to buy a house, wait. things are coming down, and in this economy looks like it's a teetering on the edge. i i also don't think it's a mass ily hard landing, i just think it's a long landing. stuart: we have been warning by scott shellady. thanks. very much for being with us. much obliged, scott. all right. lauren's here. the movers, first citizens bank getting into the banking system. lauren: 50% pop yesterday, up today 5 percent last i checked. they're essentially doubling their asset size as they buy silicon valley bank. the stock is going to $1,025. stuart: what? lauren: yes. stuart: oh, sorry. it's $945 now, he thinks it's going above 1,000. lauren: yes. stuart: sorry about that. pb8, they own tommy hilfiger and calvin klein? lauren: they've upped their full -year forecast for sales and

for profit. they don't need to discount as much. stuart: mccormack -- lauren: spice people. stuart: are they selling a lot of spice? lauren: yeah. up 19%. stronger sales, higher prices for spices, using all the mission in the supply chain -- automation to save money, cut costs, cut jobs, perhaps 10%. and they're very bullish about china. the recovery is intact, they saw counsel-digit -- double-digit sales growth there. stuart: who i knew spices were so popular? this is for you too, the chair of the ftc, lena khan, she's got a message for the a.i., artificial intelligence, what's the message? lauren: competition is key. she will not allow big tech to squelch their smaller rivals in this a.i. race, and and she refers to the big tech as the incumbents, or i'm quoting her now. curl moments of technological transition, that's when you see the incumbents start to panic, you see the incumbents sometimes having to resorter to the

anti-competitive tactickingses. so they buy out the competition. if the ptc wants to police that, how are you going to deal with the wild, wild west of a.i.? that would be my question. stuart: maybe it's the big tech that have the means to exploit artificial intelligence whereas a much smaller company does not. lauren: agreed. her argument is the big techs just get bigger and bigger because they don't allow the competition, they just buy it up to enforce their own dominance. stuart: all right. tell me about this new trade deal between the u.s. and japan. is this something to do with electric vehicles? lauren: yeah. they want more vehicles to have access to that $7500 tax credit in the inflation reduction act, but i think this is more about boxing out china because china dominates the minerals market for the ev batteries, cobalt, lithium, nickel, right? so in the trade deal between the u.s. and japan, minerals from japan would be able to meet the requirements in the inflation reduction act to to get the tax

credit. all the specifics are still being ironed out. in fact, treasury should give us some sourcing requirements this week. stuart: details don't matter that much, you're blocking out china. that's what you're doing. lauren: yes. stuart: last week john kirby insisted that lgbtq+ rights are a core part of the united states' foreign policy. roll it. >> president biden has been nothing but consistent about his belief, foundational of belief in human rights. and lgbtq+ rights are human rights. we're never going to shy away, be bashful about speaking up for those rights and for individuals to live as they deem fit, as they want to live. and that's something that's a core part of our foreign policy, and it will remain so. stuart: all right. now look at headline, the white house's push for woke foreign policy will backfire without socially conservative allies. miranda devine wrote it, she joins me now. how will it backfire, and where is the backfire coming from,

miranda? >> well, look, it's all over the world at the moment. there's this sort of woke cultural imperialism coming out of the biden administration that is antagonizing whether it's christian countries in africa, hungary, socially conservative countries many, you know, eastern europe or you're talking about islamic countries. you can't forget that the very moment a that kabul was falling to the taliban, the rainbow flag was fluttering outside our very expensive embassy there. and there was a lot of attempts by the state department to impose kind of, you know, american liberal, social mores on afghanistan that never worked. for instance, they tried gender quotas in the military can and the government, and they just had a big problem with attracting afghan recruits. you know, that's a fundamentalist muslim country.

we're not going to be able to impose our values, our religious views on another country, and the problem with all of this is that china, we're dealing with china, hay don't care what people do this their private lives. stuart: no, they don't. they just don't care about that kind of thing. we apparently do. vice president harris had another world salad during her trip to africa yesterday. watch this, please, roll it. >> there are a number of things on the issue of the economy as a whole that we must co. and a lot of that work is the work that i'm here to do on the continent. i've discussed a number of important topics including the importance of concepts and priorities such as free come and liberty. freedom and liberty. stuart: miranda, i just don't know what she said there. and if i carry that further, i don't see how president biden can run with her many 04. concern 2024? what say you? >> well or, i think this is all clint.

i mean, she's reading a speech that's been prepared for huertas completely content-free, and it's the over and over this happens. she repeats herself, these empty phrases. and i think the reason she's doing that is because she wants to keep her powder cry. she wants to not make a single mistake by giving out any content that anyone could disagree with because she thinks she's in the box seat to take over if joe biden stumbles. stuart: whoa. [laughter] i'm afraid we have to leave it right there, miranda, but that was a good last line. thanks very much, miranda devine. we will see you again soon, and that's a fact. now, we're going to go back to the well for a moment, being "the view." whoopi goldberg blasted political correctness after a tv anchor was taken off air for quoting snoop dogg. watch this. >> there has on a book of stuff nobody can ever say ever, ever, ever. >> then the book would be banned. >> include everything. include everything.

the things that change. you can say this but you can't say that. that's because we're on television. out doesn't mean we know everything. [laughter] stuart: well said. just because we're on television doesn't mean we know everything. you can say that about me. former new jersey governor christie could soon jump into the 20 to 4 the race are. he said someone needs to take on trump. we have that story. look at this op-ed. karine jean-pierre, liberal reporters' hypocrisy in white house briefing room covers up this truth. tim graham wrote it, he'll explain why he thinks biden is always being fed9 softball questions. that's next. finish. ♪ ♪ go easy on me, baby ♪

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stuart: ah, do you remember the white house press corps when trump was president? reporters went after him any chance they got. hay screamed at him. but now that joe biden's in office, the press corps is quiet. there's no real fire or challenge there. just watch this. roll it. >> reporter: how does the president view his roll when it comes to what's been happening -- [inaudible] >> reporter: you've said over and over again that immigrants shouldn't come to this country. instead, the perception is that got you elected as a moral, decent man is the reason why a lot of immigrants are coming to this country. >> reporter: do you believe it should take 60 votes to end a filly filibuster -- >> the president had plans to take some down time, and i was wondering if there was vacation on the books? >> reporter: why is it important for the president to visit his delaware residence so

frequently? stuart: tim graham joins me now, guy on the right-hand side of the screen. tim, is there any sign at all that any reporters are willing to take on biden given all his failures? >> well, i'd have to start with the reporters from fox and fox news, you know? but politely -- stuart: but what about the rest of them? >> there are a few others. and you know what it really depends on, yes, the regular pattern is sort of a very polite how are you today, sir. there's not a challenge. there has to be something going seriously wrong that's actually going to harm democrats before they start going, wait a minute, you know? when baby formula's delayed, oh, wait a minute, you know? they have their moments. after the afghanistan withdrawal, they were tough for a while. so occasionally. but it's not norm. yes, the norm is patty cake, and it is dramatically different

from jim acosta or april ryan yelling at the president with their partisan lectures. stuart: didn't april ryan yell at the president and then took a job with a network? or -- i think she did. >> cnn hired both acosta and april ryan as political analysts at the time they were screaming at trump. and i think that clearly told you this was the cnn business model. they liked being impolite to trump, and they knew their viewers liked reporters being impolite to rump there. and and you'll remember it was -- to trump. and it was jeff zellny that asked barack obama, you know, what's enchanted you about the first 100 days. [laughter] stuart: who could forget that? all right, tim, listen to this: whoopi goldberg blasting political correctness. roll that tape, please. >> there has to be a book of stuff nobody could ever say. >> and then we could all study it. >> never, ever, ever. include, include everything.

include everything. the things that change. you can say this but you can't say that. but next week you might not be able to say this. it's hard to keep up. it's hard to keep up. and if you're a person of a certain age, there's stuff we do and we say just because we're on television doesn't mean we know everything. [laughter] stuart: we'll leave it at that point, by the way. tim, is political correctness becoming a thing of the past? >> no. i mean, i think we're in a standard of diversity, equity and inclusion. i mean, it's interesting for whoopi to stick up for this woman who apparently had said a snoop dogg lyric that sort of included the n-word although it wasn't the n-word. and so i guess the notion is once again if you're white and you're on television, don't quote rappers. that's just a dangerous place to be. but, you know, good for whoopi, i guess. but, i mean, she's made these sorts of mistakes too when she

said the holocaust wasn't about race. and so that's where she probably got defensive. stuart: okay. tim, i'm sorry to keep it short, but i'm out of time. got one of these hard breaks coming up. tim graham, you're all right. i want to see you again soon, please. >> thank you. stuart: the former governor of new jersey, chris christie, could soon jump into the gop race for 2024. ashley webster's with us. tell me more about this, ash. >> reporter: el the me more, tell me more. yes, christie says the gop needs someone who can stand up to donald trump saying that the former president will lead the gop to defeat in 204. watch this. >> my point on donald trump is i've known him for 23 years. he's not going to go away by himself. if we don't want him to be the candidate, and i don't want him to be the candidate for our party regardless of whether i run or not, because i don't think he can win. well, then you've got to take him out. >> reporter: you know, the

former new jersey governor appeared at a town hall meeting in new hampshire last night, but he was cagey about whether he is actually running for president again. he says the decision could come in 45-60 days, and if he because, he says he has the guts to sand up to trump while bringing -- to stand up to trump while bringing optimism and civility back into politics. good luck with that, stu. stuart: what's next line? ♪ tell me more, tell me more -- what's the next line? i bet you don't the know. >> reporter: it's from grease, but i can't remember. terrible. lauren -- ♪ tell me more, was it love at first tight? lauren: we looked it up, ash. we were all struggling as you were reporting, and then google refresh our memory. [laughter] stuart: we thought we'd lighten things up a little, ash. lauren: we all did exactly what ashley kid. stuart: tell me more. the possible tiktok ban has some democrats sounding the alarm ahead of the 2024 elections. why are they so worried? lauren: because young voters,

secret weapon for the democrats, and democrats used tiktok effectively in the midterms to mobilize gen-z. and if you ban right now where they are, you might turn them off. look, young people can be reached on many different means of social communication. it's not just tiktok. but, yeah -- stuart: they like tiktok. they're lauer yeah. stuart: and to you kill it, maybe they'll vote against it. lauren and a large number of them get their news from tiktok. stuart: thank you, lauren. elon musk getting rid of some of twitter's features for non-paying users. if you're interested, we'll tell you about that in our next hour. president biden wants to control your pension money, he wants to make sure it flows into climate-friendly investments. is that how you get the best return in no, it's not. we'll tell you all about esg investing and the problems with it after this. ♪ ♪ lord, i was born a a rambling

man. ♪ trying to make a living and doing the best i can ♪ ♪

stuart: on the markets this morning, it's a mixed picture.

not that much price movement. the dow is up 57, the nasdaq is down 71. no real clear trend today. we have lauren looking at some of the other movers, and let's start with paramount. they're up 5%. lauren: next month the masters tournament will produce a.i. spoken commentary for thousands of clips on the app and the web site. stuart: really? lauren: why is that tied to paramount? because paramount+ is the digital partner. if you're watching the a.i. anchor, if you will -- [laughter] you're going to see it on paramount -- stuart: will there the be an a.i. anchor? lauren: yeah. i don't know about a fake person, but the commentary will be an artificial voice. i don't know if you'll actually see a robot stuart varney or something. i think it's a great test of how we're incorporating a.i. into everything we do. stuart: see how good it is. does it do a good commentary on golf. lauren: they trained it.

stuart: sew me concern show me tesla. lauren: 50,000 model, ands, two complaints about the front seat belt failing. stuart: we're look to the cruise lines. carnival concern the. lauren: look at them go up. now the analysts are coming out, steeple says that soft guidance was conservative, they're lowballing it on purpose and wells fargo upgraded them. stuart: there's a turn-around for you. thank you very much. president biden travels to north carolina today. yes, he is touting his green agenda. edward lawrence at the white house. what can we expect from the president today, edward? >> reporter: yeah, we can expect a lot of conversations, some questionable comments. you know, the president leaves the white house here in about an hour. he's going to go to north carolina. he will -- it's the first stop of many on this tour that he's on to push all the spending that the he has signed into law. and we'll also hear a rebranding of his economic message mainly

because the poll numbers are starting to sag, especially when you talk about the economy. we will see him at wolfspeed today, a semiconductor manufacturer that announced $5 billion in expansions. >> the president, vice president, first lady, second gentleman and the members of the cabinet will fan out over 20 the statements across the country concern states across the country to visit communities benefiting from investing in america agenda. this includes places that are seeing new and expanded manufacturing facilities and creating new jobs thanks to the inflation reduction act and chips and science act. >> reporter: you will also hear about the money passed under the bipartisan infrastructure bill today that are improve roads in north carolina as well as north carolina has a democratic governor and two republican senators. the president wants voters there to know how much he's spending from his administration, and that's exactly the problem according to republicans. because they say it's taxpayer money that's pushing inflation. >> when you look at the whole economic security and certainly

our energy security, what we're doing around the world, and this president with his phony infrastructure bill that less than 10% of it was truly infrastructure, the rest of it was to croix the our natural gas and oil companies around this country. we've got to get in this stopped, and we're going to do that. >> reporter: the house speaker trying to negotiate with the president for some of those spending cuts related to the debt ceiling. the white house, though, not engaging. instead, the president going out on the road. stuart: ed edward, thank you very much, inkeeled. president biden tells us where to the put our investment money. it must be invested according to esg investing rules. andy puzder is with us this morning. all right, andy, am i better off? >> no, you're not better off -- [audio difficulty] stuart: we have an audio problem, ladies and gentlemen, hold on a second. can we restore? okay. meant me just show you the market concern can let me just show you the market and see what we've got there. the dow industrials up 26

points, and we have the nasdaq on the down side. again, have to repeat this, we actually have a split market as we speak. i don't think we've got -- have we got his audio back yet? no, we don't. okay. the fdic actually spent billions to handle a silicon valley bank collapse. all right, ashley, how many billions are we talking about? >> reporter: yes? about $20 billion. while the failure of signature bank cost $2.5 billion. now, no doubt that's a lot of money, but just a fraction of the $128 billion deposit insurance fund that the fdic maintains in the event of bank runs. the agency's chair, martin groomberg, will provide more details today when he goes in front of the senate banking committee. some critics claim the administration overreacted to the bank runs. form former fdic chair sheila bair said she would not have declared the banks systemic saying that they represented combined assets of $30 billion,

okay -- 300 billion, but it's a $23 trillion banking system. baer says the optics of bailing out venture capitalists and and their portfolio companies she calls terrible. interesting. stuart: right on that count. thanks, ashley. we have restored good audio with andy puzder. so, ann key, i'll repeat the question. the president insists that we invest our pension money in esg, we invest according to climate concerns. am i better with off? do i make more money investing the way the president wants me to invest or what? >> just think about the it logically. look, if you're concern you want a return in your pension fund. you want your company's investments to be profitable. and i think companies focused on profits are going to be more profitable than companies that aren't. it's hard enough to make a profit when you focus on it, leapt alone when you're trying to accomplish this leftist agenda that the democrats and president biden want companies to accomplish. so, no, you are not better off

when companies focus on politics instead of on financial returns for investors. stuart: am i not allowed to invest in an oil company or a drilling company or a pipeline company? i'm just not allowed to do that with my pension money according to these guys, right? >> well, yeah. many of these funds will not have oil and gas companies in them. the ones that do will use the voting power. they'll use the money concern the power they get from investing your shares to vote against the best interests of the oil companies, like they had exxon, for example, our nation's largest oil producer. adopt a net zero carbon emissions by 20 the 50 policy based on directors that blackrock, state street, van guard, these large esg investment funds, put on board of exxon. so even if they invest in them, they'll invest and try and hurt their profitability. this is a cast for american retirees. stuart: yeah. gone green crazy. the senate banking committee is holding a hearing on the silicon

valley bank collapse. the vice chairman of supervision at the fed, michael barr, said before the hearing concern and i'm quoting now -- svb's failure is a textbook case of mismanagement. okay, fair enough. but, ann key, i don't think -- andy, i don't think taxpayer money was involved with svb, right? >> no, i -- look, i don't know why we're rescuing these, you know, multimillionaire, billiona ire people at svb. there was a party going on at svb. if you were in lower management, i think you were afraid to speak up because you might commit a microaggression. i know they were doing all the cocktail parties, the president of the bank was on the board at the san francisco fed, so they didn't get the kind of oversight they should have had. the party was over, and people that weren't insured and invested with the bank should have paid the price, not american taxpayers. stuart: the money to pay off svb comes from the bank insurance fund, right in not taxpayers. i just want to make that clear,

yes? >> well, but it's consumers, and the consumers happen to be taxpayers. so consumers are going to pay those increased fees at the bank. you're right on what you said. stuart: ann key butted kerr, thanks for -- andy puzder can, thanks for joining us. we've got a staff member for senator rand paul left with life-threatening injuries after a stabbing near the nation's capital. recreational marijuana legal in new york city, but there is is still a ton of illegal pot shops all over the place. they're doing business everywhere. madison alworth will el the us how the police are at least i trying to crack down. that's next. ♪ last dance with mary jane, one more time to kill the pain ♪

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stuart: i'd say this is a

relatively calm market except for the nasdaq which is down .87%, that's 100 points. the dow is a fraction higher, 5 points. s&p a fraction lore, down 14. next case, there are four, just four, count 'em, legal pot shops in new york city, but there are a ton of illegal operations in business all over the city. the police are trying to shut them down. madison alworth's with us. most of stores, the sheriff's office visits, open up again the very next day. is that accurate? >> reporter: that is accurate, stuart. these shops, they're served with fines, they get violations, and they have tens of house of dollars' worth of product seized, but they're able to be open the very is next day because they're going through the process within the courts. what we're looking at when it comes to this task force that has been cracking down the on these stores, they've seized over $10 million worth of products, and they have arrested 35 individuals. we got the chance to see firsthand what this process is like when we rode along

yesterday with the new york city sheriff's department. some shops have illegal products on display, but officers are always looking for hidden combaterments where more illegal concern come participantments. we saw them knocking to try to find those secret areas. at our final shop of the day, they found exactly that. >> flower packages hidden right behind the register. a lot of times it's indicative when you see a scale in the same vicinity. >> reporter: so those stores, ones that even have weed without a license, are able to be open the very next day. it's when they have multiple violations like the store behind me, multiple violations over multiple different vicinities which is why they were served with a nuisance abatement order which means they're temporarily closed. we are told by the very's department there are only -- sheriff's department there are only four stores that fall in that category, but he warns

there will be more. >> seven days a week, we have every opportunity right now for those people engaged to engage in the legal business. please do so, because it is not to our goal to rearrest people. >> reporter: i want to bring you back to that final store. that's what you saw at the top of my report. that final store was charged with $48,000 in civil penalties, and they had about $28,000 worth of items seized. that store's actually operating without any legal tobacco license are, meaning that not only could they not sell marijuana, they actually were not allowed to sell any tobacco products, and yet they still were. the reality is there's a lot of money to be made in this, and that's why the sheriff really has their hands full. stuart? stuart: we got it. legalization and recreational marijuana just not working in new york city. st the everywhere. thanks very much, madison. see you again soon. now this, there's an election coming in the chicago. one candidate is pro-police. he has an unlikely supporter. all right, ashley, who is the

pro-police candidate supporter, and why is this important? >> reporter: well, his name is arne duncan. he served, as you may web, as the secretary of education under president obama. and duncan wrote an op-ed for the chicago tribune in support of mayoral candidate and his pro-police stance. country can so that value las is the best hope for a safer chicago. ultimately, duncan says he can provide the much-needed reform that's needed at the chicago police department. by the way, the runoff election will be held april 4 which is next week. the. stuart: comes right at you, count it? thanks, ash. an irs agent visited the home, the home, of the twitter files journalist matt taibbi. this happened on the very is same day he testified before congress. there's a strange coincidence

for you, right? we've got the story. the white house blames republicans for the deadly shooting in nashville. brian kilmeade is on the show. he'll deal with the white house's late blame game. that's e next. ♪ ♪

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stuart: dare i say it? relative calm on the market. dow is up 25, nasdaq's down 95. check the regional banks. this is why there's relative calm. all of them are on the upside except for pacwest. this is the area which started the bank problem. i'm not saying it's over, but there's some encouragement for investors this morning. okay, here we go, it is 10:51 eastern i'm. suddenly, miraculously, brian kilmeade will affair right there. there he is. brian, the white house came out and blamed republicans for the deadly shooting in nashville. watch this, roll it. >> many his state of the union, the president called on congress to do something to stop the epidemic of gun violence tearing families apart, tearing communities apart. how many more children have to be murdered before republicans

in congress will step up and act to pass the assault weapons ban? to close loopholes in our background -- in our background check system or to require the safe storage of guns. finish. >> unbelievable. so inappropriate. so inappropriate -- the. stuart: so inappropriate. we were expecting it, and i think it's outrageous. >> and she read it like she does everything, stuart, so you can't say, well, the secretary was off the reservation. not true. read the whole thing there. is this the same president that came out and commented on how much ice cream he was going to eat and how much ice cream he had in his refrigerator before he made a single comment about the shooting? yes, i'll answer that question for you. number two, john cornyn and others took a lot of heat when they looked at what happened in you value key and said, look, maybe we can do some things here, look looked at the shooting in buffalo for kids under 18. they get an expungessedded record if they're 17.

they praised the bipartisan move on gun reform, and a lot of people on the right, including people on this channeling were very critical. and this is why. because when you show that you're going to budge when it comes to your second amendment, the democrats keep coming back for more and more and more. never acknowledging that you are a the true leader, you say i really appreciate republicans and democrats. i have a few things where we analyze what happened here that i'd like to suggest. but let's see what the invest reveals instead of going to my agenda. it's the really offensive, what happened, with those words. stuart: did you see this? an ira agent concern irs agent visited the home of matt taibbi on the very same day he testified before congress? they claim it was over an issue with two of his previous tax returns. jason chaffetz was on the show earlier. he says, look, there's no away this was just a quince kens. brian, they seem on the weaponizing, again, the irs. >> stuart, this is everything people were afraid of when he

decided to add 80,000 agents and also allow some of them to carry guns. matt taibbi, while he is talking about the twitter files which was exposed to him by elon musk and he was able to report what really went on through the pandemic and through the last election, at the same time, they're knock on his door, the irs, asking about a 2018 and 2021 is files which they say there's problems with his identity. and so matt taibbi said, kind of weird for someone to knock on your door when an e-mail will do, number one. number two, call and say if you want to come in, i'll come in. number three, it looks like he is due a reimbursement. so he's actually due money from the irs. not only is there taxes, you know when you're freelance, you've got to be very vigilant about how much you're declaring right away and wherever you want to do it. so he's freelanced a lot, is so is i imagine his tax returns are, have got to be challenged, are a bit of a challenge to do, not typical with a journalist. so for them to do that is a

message. and also factor in how he was treated when his testimony -- they didn't listen to what he said. they just questioned his intent with -- stuart: exact exactly. >> concern and is his agenda. and that's same thing when you knock on his door and ask about the irs, the same attitude. i think there's a real problem in this country when you weaponize government which, by the way, is the name of the committee that jim jordan chairs. stuart: i've got a minute left, i'm going to change the subject. i'm going to audiocassette to you about new subject of ride to work, it's out today. i'm in the first episode, and you're featured on there as well. you and abby were stuck in the car for three hours, right, brian? >> right. she's the best. but i get on people's nerves for five minutes during these segments. [laughter] can you imaginesome she must be a saint or she could apply for nunhood, if that is a thing. [laughter] there's too much traffic on long island. i told them if i get in the car at 2:30, i'm not getting homing

for 2-3 hours. they laughed. i said drop me at the train. they said, i would never do that. i go, please, drop me at the train. but if you watch around the country, do not go try to leave new york city and go to new jersey or long island or contract -- connecticut of after 2:30 unless you have a lot of free time and a lot of, i questions, itunes account or you're able to, you'll get a podcast you really enjoy. stuart: and don't laugh of a the about my embarrassing american accent which i tried out on abby during that show. we'll be watching. hey, brianing you're all right. see you again soon. coming up, texas attorney general ken paxton, dr. marc siegel and jimmy failla. now this, you can see china's influence just rolling over america's interests. they've bought influence and are throwing us out. china's power advancing on all fronts. we're in retreat. that's my take and it's next. ♪ ♪

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>> our nation's schools are failing our kids. the latest move in florida once again shows why the sunshine state is leading the way. we're putting parents back in the driver's seat and empowering students to really learn. >> we are going to see extremely volatile markets over the next half. we do think there's going to be a recession in the second half, and so you have to have some dry powder and have the courage and wherewithal to put