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tv   Varney Company  FOX Business  April 10, 2023 10:00am-11:00am EDT

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♪.
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ashley: tina turner to wake you up on this monday morning as we get a new week underway. beautiful clear skies in new york city. good morning, everyone. it is 10:00 eastern now. i'm ashley webster in for stuart varney. of course let's get straight to your money. markets are lower at the outset. we're coming back a little bit. the dow off 67 points, down .2 of a percent. the s&p down 3/4 of a percent, nasdaq down a third of a percent, down 160 points. let's look at the treasury yield if we can, ever so slightly higher. 3.14%. take a look at the price of oil that was just under $80. it is now what? it is flat. $80.68 a barrel for crude. what about bitcoin? let's take a look at bitcoin. it is up slightly $316, up 1% at
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28,215. now this. the judge overseeing the trial into former president trump donated to joe biden's campaign back in 2020. okay. the former prosecutor though calls the optics troubling. watch this. >> it is troubling optics i think for any judge to have made a political contribution and then to have a party who is either the beneficiary or not the beneficiary of that political contribution before that judge in court. ashley: we're talking about a donation that is what, 15 bucks or less. byron york joins us this morning. byron, doesn't matter really the amount of money, it doesn't look good, does it? >> no, it doesn't. now, nobody is claiming that this is a whole lot of money. judge juan merchan gave $15 to joe biden's 2020 campaign, he also gave $10 to a group stop republicans, another group called the progressive turnout
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organization. so it is pretty clear where the judge's political sympathies lie. i think perhaps the most important fallout this, all during this case, during the trial, former president trump will be able to accurately say that the trial is being conducted by a joe biden donor. ashley: yeah. he is right. let's move on to this one. interesting. former attorney general bill barr slamming donald trump. he says the former president is a very weak candidate. listen to this. >> i think ultimately the savvy democratic strategists know this is going to help trump. they want him to be the nominee because he is the weakest of the republican candidates, most likely to lose again to biden. this stuff will drag out through 24 and it is going to stymie and disrupt the whole republican primary process.
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ashley: well, that is a theory, isn't it, byron? ultimately the democrats they don't care if it is helping trump, it is a win-win, makes him look bad because of indictment. they believe that donald trump is the candidate they want, joe biden or someone else in their party can beat him. what do you say? >> right. they think it helps him win the republican nomination. then he goes on to lose the democratic election. that is the scenario. bill barr said for many months does not want to see donald trump to be president again. doesn't want him to see trump win the republican nomination. as far as this new york indictment is concerned, barr said he thinks clear prosecutorial abuse, he thinks it's bad idea. on the other hand barr thinks the justice department may have a strong, solid case against the former president in the classified documents matter.
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one of the things that i think informs what barr is saying is his belief it is not, come election time, it is not going to be just the manhattan case so many people think is really, really weak. it could be the classified documents matter. it could be a january 6 matter, it could be a 2020 election matter. ashley: yeah. byron, i want to get into this one also, byron. california governor gavin newsom he says ron desantis will get quote rolled by trump in 2024. listen to this i will get your comment. >> should he be running away from criticizing trump? should he be speaking up for the rule of law. >> he will get rolled by trump, thump. honestly if i were offering him political advice, pack up, wait a few years. actually do some heart work which includes governing, not just identity, culture war. come back as more seasoned and capable leader with a little
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humility, which by the way he could use a little of. ashley: mr. pot, meet mr. kettle. gavin newsom going after ron desantis as leaving his state in rack and ruin. he has a lot of gall. he continues to hit desantis. what do you think of all of this. >> i don't think governor desantis will take governor newsom's sincerely given advice. on the other hand there is a lot of thinking going on in the non-trump parts of the republican party how do you run against trump? so many candidates in 2016 just took trump straight on, tried to just beat him about the head and they just failed, they all failed. trump beat them all up. so does ron desantis try that again? does he try to work around it? i think it is very, very clear any candidate not trump who is running is going to have to acknowledge the the
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accomplishments of president trump. you can't go after trump sounding like a democrat or you will turn off republican voters. ashley: fascinating to follow. we have lots of many more weeks, month, all sorts of time to really enjoy the spectacle, i don't know if enjoy is the right word but it is fascinating no less. byron, thanks so much for sharing your expertise for us this morning. great stuff, thank you. >> thank you. ashley: now this interesting story, interesting story, son of liberal billionaire george soros made quite a few trips to the white house turns out since joe biden took office. come on in here, lauren. many are we talking about? lauren: sounds like the doors of 1600 pennsylvania avenue were wide open for him. 14 trips since 2021. several to advisors to then chief of staff ron klain. call it a direct line to high-profile democrats in the biden white house. so 92-year-old george soros, he
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does keep a low profile but his 37-year-old son, alexander, look at this, flaunts his meeting with influential democrats, there is nancy pelosi and his father. he does it repeatedly on social media. if you look at soros foundation they have given away $32 billion to fund their liberal causes, ashley. ashley: yes. we are well aware. lauren, thank you very much. get back to the marketing. a bit of a negative start to the week. the dow, how about that essentially flat. nasdaq down one 1/4%. let's bring in the kyle wall, ceo of dominari financial. i hope i said that right. kyle, good morning. let's talk about, you say that you believe interest rates are beginning to stablize. you say that should bode well for the broader economy. but you also see pockets of opportunity which i find interesting. where are some of those pockets in your mind?
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>> well, thanks for having me here. i think some of pockets of opportunity we've seen already in the nasdaq this year, some i like to call fallen angels of the nasdaq. if you look at nasdaq year-to-date, it is up 15 1/2%. you have microsoft up over 20%. apple up over 25. tesla up over 50%. nvidia is up over 80%. so i think a lot has to do they were beaten up. like the dogs of the dow, these are fallen angels of the nasdaq. just subside you will see con my continue to pour into risk assets. seems fed will back off and we could continue to see this move. ashley: what makes you say that? we have cpi wednesday, ppi thursday. there is a belief that 25 basis-point hike is already baked in. i mean is that it? do you agree they will, one more hike for now? >> yeah i think if you look at the good friday good jobs
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report, came in unemployment 3.5%. that is a double-edged sword for the fed. obviously they want to cool the economy. so 3.5% is very high, participation in the labor market but at the same time with that kind of participation you can also as an employer not have to raise, not have to raise salaries too much. so it's double-edged sword. i think with that, also with the regional banks what is it going on there, it would be probably wise for the fed not to put too much pressure on the fixed income portfolios people like, signature bank, and silicon valley bank and now first republic bank had to deal with and are dealing with. ashley: very good point. we'll have to leave it there. great stuff, kyle. appreciate it. bring back lauren. lauren, you're looking at some of the movers. begin with my cron up today almost 8%. lauren: look at that, rival samsung plans to cut the chip output.
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accounts for half of the dram market. micron positioned for eventual recovery of the sector. look at pioneer natural resources. the journal reported a shale driller head preliminary talks with exxonmobil over potential acquisition. exxon would make a play for west texas. they have $30 billion in cash. pioneer up over 7% on the report. cf industry upgrade to sector outperform at skosh shabang skosh bank. ashley: apple seeing global systems of pcs plunging by how much? lauren: for the first quarter, down 40 point 5%. the entire industry saw shipments fall but idc says total sales fell 29%. obviously worse at apple? why? demand for computers softened after everybody upgraded
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everything over the pandemic, right? ashley: right. lauren: the bright spot of this potentially is good news. now look what apple is doing, manufacturers have time to make changes where they produce their products, aka maybe move assembly lines out of china. ashley: right. interesting stuff. lauren, thank you very much. now to this story gaining a lot of ground and a lot of headlines, tennessee bracing for protest this morning as a lawmaker expelled for participating in protests on the chamber floor could be reinstated. we will have the very latest report from nashville coming up. also a trove of highly class five documents from the pentagon were leaked online. the intel exposed. how the u.s. has been spying on russia's military to help ukraine in the war efforts. will this give putin the upper hand? we'll get into that. the u.s. keeping a close eye on beijing as chinese military drills continue very close to taiwan for a third day. how should the white house
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♪. ashley: all right. take a look at these markets for you. we begin the new week. the dow now turned ever so slightly positive, up, less than a 10th of a percent, s&p down half a percent. nasdaq also down 1%, but the momentum changed a little bit. seems to be coming back we'll see. now this, china conducted massive blockade drills off the coast of taiwan for a third straight day. chad pergram is on capitol hill this morning. chad, what are lawmakers saying about all of this? >> reporter: ashley, good morning the military exercises by china are in response to a bipartisan congressional
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delegation visiting taiwan and the taiwanese president meeting with house speaker kevin mccarthy in california. american lawmakers believe the u.s. should do everything possible to bolster taiwan against a potential invasion from china. the question is whether the public would support the u.s. getting involved? >> the question for the congress, should we have a defense agreement with the island of taiwan. we don't? should we have one? yes i would be open very much to using u.s. forces to defend taiwan because it is in our national security interest to do so. >> reporter: the public is polarized using american forces abroad. there are mixed feelings about the u.s. helping ukraine there is fatigue after two decades of fighting in afghanistan and iraq. taiwan would still welcome american assistance. >> we're not counting on the u.s. to directly intervening in war but for taiwan to be able to defend itself, there are several things we need. one for the united states to
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continue to provide defense weapons for us and the night has been doing it. we also need the u.s. to train our soldiers. >> reporter: some lawmakers are focusing on helping taiwan in other ways. >> we have to make sure taiwan has what it needs to defend itself. i agree we have to train, we have to make equipment available. the experiences from ukraine show us that if we give them the capacity, they have the will. >> reporter: there is concern about china wiping out taiwan's semiconductor industry. that could pose profound economic impacts around the world. ashley? ashley: all right. interesting stuff. chad, thank you thank you very . laura bowman is a expert on national security and foreign affairs. she joins us this morning. laura, let's begin here. is a china invasion of taiwan imminent or a possibility in the near future?
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>> we know president xi ordered the pla to take taiwan by 2027. whether that is possible or not is is unclear but the trajectory is concerning. whether it is 2027, 2035, 2040 from a u.s. perspective, we need to make sure that we stay ahead of the chinese military because they're trying to achieve parody. from a business perspective this is, there are challenges for american companies. we know that beijing has been stealing our r&d, has been committing corporate espionage both with human beings and cyber. so we need to work against that but there are also opportunities and in particular the defense industrial base is going to have to increase capacity, particularly shipyards and sea
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based materials because remember the wars in iraq and afghanistan wasn't about the sea. and this one is going to be. ashley: right. i want to move on to this issue, republican congressman brad wenstrup is calling for an investigation after more than 100 u.s. documents were leaked on social media. they detailed information on the war in ukraine, the middle east and china. listen be to this. i will get your comment, laura. >> i think it's a huge deal obviously. the 100 documents or so reported by "the new york times," you mentioned about ukraine, middle east and china, very serious and the biden administration is saying very little. maybe they are worried it will rekindle some of the president's malfeasance with classified documents but the pentagon confirmed the leak. the question comes in, will, was it stolen from within or was it hacked from outside?
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ashley: well that is a good question. i spoke to kt mcfarland earlier today, lauren. it could have come from any number of places but bottom line how dangerous is this? >> anytime classified documents are leaked it's dangerous. they're classified to protect methods, sources and content. in this case what is curious is these appear to be authentic documents that have then been doctored and not doctored with particularly sophisticated methods and in each case when they have been altered it is to make russia look stronger than moscow actually is in its war against ukraine. so that's really, that is the focus. who could have, who would have wanted to steal and alter these documents. certainly looks like somebody who had access to the actual paper documents. that could be the black book which is sort sort of the slang
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used in the pentagon to describe the briefing book. it could be someone junior having access to a burn bag. it is unclear, whether it could be just an individual angry, anti-american person from within or it could be someone who was recruited by the russians. we just don't know at this point. ashley: right. yeah it is interesting, isn't it? they also say this information was shared with a lot of the allies and so the potential for a leak is much greater. this could change the way they do things in the future, don't you think? >> i think that unfortunately over the last several administrations democrat and republican alike we have had to deal with leaks and there is, always have to, in my experience, at least, both in counter intelligence and operations one always has to balance, all right we need a
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joint investigation, figure out who did this, how it was done but we also don't want to close off information-sharing so our leaders don't get the information they need. ashley: right. fascinating stuff though. laura ballman thanks for taking time to talk to us, we appreciate it. >> thank you. ashley: thank you. the chairman of the house foreign affairs committee is warning that china could soon take over taiwan. come back in here, lauren. what exactly is he saying? lauren: michael mccall is talking about the 12-day visit that taiwan's former president made to china. former president ma, represents the kt party, that is pro-beijing. the current president, tsai, is pro independence. mccaul thinks that many people in taiwan are cozying up to beijing without realizing full impact of that. >> there is debate.
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one party wants to talk to china, president tsai's party does not want to be a part of china. i think the next elections next january will be extremely important because i do believe with the former president ma in china right now, china will try to influence this next election and take over the island without a shot fired. lauren: that is really scary. i believe he means that beijing could influence taiwan politics through relationships they're making with the kmt party and through disinformation that is perpetuated online, specifically through social media. ashley: yeah. which we see so much these days. another one for you though, lauren this is interesting, a little disturbing i guess, what is france's president emannuel macron saying about europe's dependence on the u.s. dollar? lauren: he thinks europe should lower their dependence on the dollar. this is part of softening ties to the united states. it is disturbing as you say,
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ashley, feels like reordering of the world order away from america. so first macron is meeting with chinese president xi. then he says he doesn't want europe to follow us toward war with taiwan potentially and now cut dependence on the u.s. dollar which is the dominant currency in foreign exchange. but yet france and europe depends on our dollars to help them fight the war in ukraine. so it is insulting quite honestly. ashley: yes. do it at your own peril. that is what i say. lauren, thank you very much. interesting stuff. now this a new report says president biden may lean heavily on a army of social media influencers. we'll have details on that. vice president harris getting criticized for her defense of those expelled democrats from tennessee's state legislature. roll the tape. >> is that not what a democracy allows? [applause] a democracy says you don't
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silence the people, you do not stifle the people. ashley: something that democrats do on a daily basis. hypocrisy. joe concha is fired up about that one. he is here next. ♪. good luck. td ameritrade, this is anna. hi anna, this position is all over the place, help! hey professor, subscriptions are down but that's only an estimated 15% of their valuation. do you think the market is overreacting? how'd you know that?
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♪. ashley: all right. let's take a look at these markets which is what an hour into the session. we're down on the dow a 10th of a percent, s&p 500 down .6, nasdaq is down 13points, down a little more than 1%. all right, lauren, come back in here. you're looking at some movers on this monday. let's begin with block, i guess is square, right? lauren: always confuse them. square is now block. they're 3%. keefe bruyette to market perform. block is facing a growing number of risks that will keep investors out of the name over the next year. also note potential for regulatory scrutiny in their cash app. remember hindenburg accused
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block of inflating their numbers. take a look at western union. they were upgraded at ubs, up 1% on recent recovery in tinning tall transactions, stronger customer retention but the news is not good for tupperware. look at it go down 41%. the end is near. tupperware is saying that they have substantial doubt about their ability to continue as a company. they have engaged financial advisors to help secure financing. they're in discussions with potential partners or investors but it is not looking good when your stock is basically at buck, ashley. ashley: we used to bring on the grim reaper image with sinister music. needless to say tupperware in a tough spot. tonight, get to this story, tennessee state legislature will be back in session. it is the first time since lawmakers voted to expel two freshmen democrats over last week's gun protests.
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packses are running high in the state capital of tennessee. charles watson in nashville this morning. charles, i guess the question is, will the lawmakers be reinstated? >> reporter: hey, good morning, ashley, it is certainly a possibility, a possibility that is still in the works. those two expelled democratic lawmakers first say they will run for re-election but in the interim they would like to be reappointed to their now vacant seats until a special election is held. listen. >> yes i would be honored to accept the appointment of the shelby county commission and to run in special election. >> yes and yes. we'll continue to fight for our constituents. >> reporter: that could happen as soon as today for justin jones, ash will metro council could reinstate jones at specially called meeting if a vote indeed moves forward this evening. across the state the chair of the shelby county commission that voting body will have a meeting to discuss reappointing
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of justin pierson to his seat. he understands the need to punish those who break rules but he believes the expulsion of state representative justin pierson was conducted in a hasty manner without consideration of other corrective action. the move to expel jones and appearance son who are both black, follow gun reform demonstration they held with democrat gloria johnson on house floor. house republicans say the protest was disorderly broke chamber rules. jones and pierson said the motivation seemed racist, johnson who was white was not expelled. those on the other side of the aisle the implication is just false. >> that representative glorioso yaw johnson pleaded, apparently convincing people enough to say that she was not a very active participant, to imply that it has anything to do with race is really, really untrue.
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>> reporter: yeah, the tennessee house will be back in session later this evening. we expect protesters to meet lawmakers as they go to handle did the peoples business. ashley? ashley: going to be interesting to follow. charles, thank you very much. we do appreciate that report. meantime vice president kamala harris is facing criticism after she defended those democrats expelled in tennessee. watch this. >> democracy says you don't silence the people, you do not stifle the people, you don't turn off their microphones when they are speaking about the importance of life an liberty. [cheers and applause] ashley: well, unless you're a conservative and then the liberal, progressive folks will indeed try to silence but i digress. joe concha joins me now. i know you're fired up, joe. what is your reaction to kamala harris going on about free speech and not silencing people? >> it is utterly amazing, ashley
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how quickly the vice president can get on a plane get somewhere she deems important when she wants to. following this correctly, kamala harris is patently irate as we saw there about three lawmakers who broke protocol and decorum after being ejected from the tennessee legislature, so irate to the point flew to nashville protest so-called tennessee three, but could not find the time or energy to meet or contact the families of those six people including the real tennessee thee, those young children my daughters age were murdered at a catholic school last week. shows you where the priority of this administration are. who was it, rahm emanuel, right, once famously, infamously said why let a crisis go to waste? kamala harris through the performance art made sure this tragedy would not go unexploited, ashley. ashley: it is so utterly galling. i'm right there with you, blood
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boiling here. i will move on, get your thoughts on this, the white house looking apparently to quote, hire an army of social media influencers to help with joe biden's re-election campaign. in a statement they say this, quote, we're trying to reach young people but also moms who use different platforms who get different information and climate activists whose main way of getting information today is digit call. joe, these influencers could get their very own briefing room at the white house. have at that one. >> wow. we don't see bipartisanship very much anymore in washington, ash, right. basically a foreign concept at this point there is one major issue almost all democrats at least they say, republicans are united on, the banning of tiktok. it serves as chinese malwear, right? it's data harvesting spy application run by our biggest foreign adversary. in this case, never judge anyone, especially politicians,
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those in power by their words, judge them by their actions. by these actions the biden administration shows it has no interest standing up to china, especially the biggest platform they export in this situation to us it is digital fentanyl in essence can help keep them in power. ashley: i don't know, joe, if you saw the mumbled conversation that joe biden had with al roker this morning on breakfast tv, but he basically said, yeah, i'm planning to run but we haven't made an official announcement yet. does he run? is it all but assured you think? >> it is i think, ashley. there is no reason why he shouldn't as the sitting president even though his poll numbers are horrible. in the end i just don't think he wants to campaign just like he didn't in 2020. why announce now when he can announce in the fall, save himself all the pesky travel that goes into running for re-election, ashley. ashley: could just stay in the buy.
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joe concha, great stuff as always. we do appreciate it, joe. thank you very much. >> great to see you. ashley: now this twitter changed course, thank you, and removed the state media affiliation from npr's account but the tech giant slapped new labels on a slew of news organizations. we'll have details on that story. the irs is going on a hiring spree. many are concerned the agency will bring an unreasonable amount of scrutiny. we're not kidding about that. we know it is coming. lydia hu will have the report next. ♪.
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ashley: let's check the markets for you. dow essentially flat, slightly down. nasdaq down about 1%.
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we've been in the same range since the opening bell more than an hour ago. now this, twitter is slapping a new label on a number of news organizations. interesting. come in here, lauren. what is it? lauren: government-funded. that is actually a step up from state affiliated which puts some of these organizations like npr at one time on par with russian propaganda sites like rt and china's news agency. see npr says there, in yellow, government-funded media. npr doesn't like it. they say they're not tweeting until twitter takes that down. they also say as does bbc and others, we are completely independent, receive very small part of our annual budgets from the government but nonetheless, that is what twitter slaps them with. ashley: interesting. all right. lauren, thank you very much. now this the irs just released its new 80 billion-dollar plan to revamp the agency.
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they're planning to hire 30,000 new employees. lydia hu joins me now following all of this. lydia, tax day as we know unfortunately is just around the corner but how is the new irs taking shape? >> reporter: well, ashley, 20,000 of those employees will be added by the end of next year. more than 7,000 will focus on enforcement. the biden administration promises the investment will produce hundreds of billions of dollars in deficit reduction while not increasing audits for people making under 400 how dollars but conservative groups opposed to tax increases are concerned that a beefed up irs means more audits for everyone. >> congress had the opportunity to vote to forbid increasing audits on people who earned less than $400,000. the republicans put that up. okay. that is what you want to do, put it in law. biden opposed it. every single democrat opposed it. they made it very clear their
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rhetoric was going after rich people and corporations but in point of fact they're aiming at everybody. >> reporter: treasury secretary janet yellen has assured that audit rates will not rise above historical levels but considering that audit rates for all people have been down since 2010, as "the wall street journal" has pointed out, all audits for everyone could increase, ashley, still be under historical levels. republican lawmakers are concerned that the boosted irs will be used to single out the administration's critics. some are calling the irs sell meant in 2017 after targeting conservative groups with heightened scrutiny, that has reopened a wound recently after the irs's recent unannounced house call to twitter journalist matt taibbi. ashley: yeah. indeed. oh, boy, lots to look forward to basically. lydia, thank you very much.
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good report. first it was gas stoves. now the biden administration is going after tailpipe emissions of course. we'll tell you what the new rules could mean for you. also the cdc is warning that a new ebola-like virus is spreading rapidly in africa. it is putting the u.s. on high alert. dr. marty makary has everything we need to know right after this. ♪.
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i always thought it would be so difficult to lose weight, but with golo, it wasn't. the weight just fell off. i have people come up to me all the time and ask me, "does it really work?" and all i have to say is, "here i am. it works." my advice for everyone is to go with golo. it will release your fat and it will release you. ♪ ashley: take a look at these markets for you. the dow is essentially been flat since the opening bell, down ever so slightly but s&p continues to lose half a percent and the nasdaq also down close to 1%. all right, now this, our next guest says he does not recommend the fda's infinity vaccine booster strategy. there is the op-ed i do not recommend it. dr. marty makary wrote that. he joins me now, good morning to you, doctor. >> good morning ash. ashley: what is the strategy you
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believe should be used and why don't you agree with this infinity booster strategy? >> from the beginning we should have used a highly select tiff booster strategy, if you had natural immunity, if you had covid a few times, you're very different, you have circulating antibodies. if you're high-risk, you have not had covid perhaps that is the group that need as boos sister. the government has a massive surplus. they ordered 171 million of bivalent doses. dr. peter hotez from baylor, those doses will be expiring thrown out, it makes sense to have shots in arm instead of being tossed in the wastebasket. i don't think that is how we should think whether or not to apositive sack scenes for young people there is no randomized control trial. pfizer made $100 billion of a vaccine. they can afford to run a randomized trial. ashley: how many shots would that work out to?
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i guess depends on the age of the patient, over a lifetime that is a lot of shots. >> it is seven for someone who is older. look, i don't think a 12-year-old girl should be getting 70 vaccine doses of covid vaccine in her average lifespan. that is what the regulators are already suggesting. ashley: okay. i want to get to this story because it is very alarming. the cdc is now warning about an ebowl lie-like virus known as marburg. there have been two confirmed outbreaks so far in africa. no known cases here in the u.s. but you know, should we be worried by this? >> i don't think we need to be alarmed. of course we're very sensitive after the last pandemic about the next pandemic. ashley: yeah. >> there is a decent likelihood it will happen at some point. there will be a respiratory virus with a i here infection fatality rate at some point in the future but it is not marburg virus. marburg virus really does not have the ability to cause a pandemic. it is not spread through a
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respiratory mechanic mechanickism. it is not spread like hiv requires blood or fluid contact. the signs are hemorraghic or bleeding symptom in setting of a fever with somebody recent travel to africa. those people need supportive care. fatality rate looks like right now to be over 50% of this marburg virus. ashley: and the cdc then putting out this warning just a precaution? once you get the cdc saying something it does take on a new life of itself. >> that's right. the cdc is putting a nag in the air but the reality we don't want everyone who has a fever wonder whether or not they have marburg virus. most people gotten this originally from animals or somebody with recent close contact with animals in africa. ashley: all right. very good. so as far as covid goes to come back, circle back to that,
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doctor, we're gone way beyond the level of herd immunity, we learned to live with it and life goes on, right? >> life goes on. population immunity is high. it has been high for other variants. of course there is always the risk of the unknown with a variant esaiding immunity. right now population immunity levels are high. we need to live our lives. ashley: we do indeed. good place to leave it. dr. makary, always great information. thanks for being with us today,. >> thanks, ashley. ashley: thank you. now this is, a federal judge in texas suspended the fda approval of an abortion pill. what is the white house saying about this, lauren? lauren: ashley, this is pivotal week, that texas judge moved to block the pill. his ruling has friday to take effect. this is the big week, the biden administration plans to appeal.
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this is what hhs secretary haugh year becerra is saying. >> we will make sure to available to them not just in a week, but moving forward. the everything is on the table. president said that when the dobbs decision came out. every option is on the table. lauren: that includes ignoring the fda ruling entirely as congresswoman alexandria ocasio-cortez suggests. >> i want to take a step back and dig into the grounds around ignoring this preliminary ruling as well there is extraordinary amount of precedent for this. they make a mockery of our system a mockery of our democracy and a mockery of our law. lauren: so aoc and critics say this is part of the gop push to ban abortion nationwide but ignoring the ruling could set a very dangerous precedent as well, ashley. ashley: all right. very good. lauren, thank you very much. lauren: going to the supreme court. ashley: still ahead in the show,
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yes. still ahead in the show, the attorney general of texas ken paxton will be here as well as steve forbes, american trucking association ceo chris spear and market guru sways just son katz. 11:00 hour of "varney" is next. ♪. because i think we looked... yes. right. yeah. and i don't think at that time- i think you're the one to tell me that we had the same birthday. yes. it's really unbelievable when you think about it, because it's been, like, really over 20 years that you were my mother and father's banker, you became my banker and now fran is in her third year of college and you're her banker. it's so unbelievable because i'm just 20 years old. [laughing] my husband and i have never been more active. shingles doesn't care. i go to spin classes with my coworkers.
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good for you, shingles doesn't care. because no matter how healthy you feel, your risk of shingles sharply increases after age 50. but shingrix protects. proven over 90% effective, shingrix is a vaccine used to prevent shingles in adults 50 years and older. shingrix does not protect everyone and is not for those with severe allergic reactions to its ingredients or to a previous dose. an increased risk of guillain-barré syndrome was observed after getting shingrix. fainting can also happen. the most common side effects are pain, redness, and swelling at the injection site, muscle pain, tiredness, headache, shivering, fever, and upset stomach. shingles doesn't care but, shingrix protects. shingrix is now zero dollars for almost everyone. ask your doctor about shingrix today. if you have this... and you get this... you could end up with this... unexpected out-of-pocket costs.
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