stuart: good with morning, everyone, and welcome to the "varney & company." yes, it's friday, and we are capping off another big week. there are no summer doldrums here, honest. today the big banks kick off earnings season. are hay making money? do they the look solidsome yes and yes. for the most part. jpmorgan, wells fargo, citigroup, they've all reported earlier today, and those stocks are up. remember, these reports look back. investors are perhaps more interested in where profits are going in the future. remember that, please. the dow the industrials this morning,st friday, they will open to the up -- no, they'll open to the downside. dow's off maybe 11, the nasdaq down about 90 points. red ink as we start out friday morning. no decline sister interest rates, maybe that's why the nasdaq is down. the 10-year at 3.52. in other words,es it's back above 3.5%. investors don't like that. the 2-year firmly above 4%, no

wonder nasdaq's going down. the price of oil this morning, $82.25. gas keeps on going up, $3.66 is a -- the average for regular, up another 2 cents overnight and up 20 the cents in a month. bitcoin now firmly above $30,000. it's had a strong run this year. look at etherium, well above $2,000. yeah, well above, $2,097. etherium going up. the alleged leaker appears in court today facing espionage charges. how come a 21-year-old with a reportedly troubled background gets the highest security clearance in the land with access to top secret documents? american intelligence looks like a leaky sieve. the president says he's not concerned. the president's age and cognitive ability causing concern, another gaffe in his ireland visit, confusing new zealand's rugby am team with the brutal troops the russians used

a hundred years ago to put town the irish independence movement. not good. dianne feinstein, 89 years old, and she is stepping away from the senate. she's recovering from shingles. dilemma for democrats, what do hay do if biden has a feinstein moment? and because it's friday, we thought we'd bring you some positive news on the economy. the prestigious british magazine "the economist" is running this headline: the lessons from america's asson thishing economic -- astonishing economic record. the world's biggest economy is leaving its peers even further in the dust. spoiler alert, the magazine says politicians should still screw up the next 30 years. [laughter] don't you love it? friday, april the 24th -- 14th, it is 2023, and "varney & company" is about to begin. ♪ ♪ ready or not, the here i come.

♪ where you at, the night is young ♪ stuart: ready or not, all right. are you ready for this? i hope you are, "varney & company" is beginning now. all right. in the last quarter we've had a banking crisis, today the big banks tell us how they've been doing. so far it seems they've been doing okay, making money and staying solvent. that's how i characterize it. market watcher kenny polcari is in new york city today. welcome to the show again. >> thank you for having me, it's the always a pleasure. stuart: this looks like a pretty good start to the earnings season. >> well, listen, the banks were expected to be up, right? this is not a surprise at all. jpmorgan's up 5%, one of my favorites. bank of america, they're all up. back rock, si group, hay beat their numbers, their guidances is positive going forward, right? there's not a whole lot of concern. they've raised their loan loss

reserves which is another thing that we've been talking about the because they are concerned about -- stuart: for the whole market? >>s the good for the market, and it's good for the banks. stuart: jamie dimon's said the recession may be pushed back a little. >> right. and while i'm not so sure i agree with this, like i said, i think the recession's already started, it's kind of rolling, but million they officially declare it, i guess it hasn't started. stuart: retail sales down 1%. >> right. stuart: does that fit in with your scenario that the recession's begun? >> yes. in fact, i think it has begun. stuart: i'll leave it with this, i know you're with me for the hour, i think the market still wants to go up, and you say? >> i think it wants to go up right now, but i think we're going to have trouble in the next couple of weeks when we get into earnings season. just back off a bit, it's not going to crash, but i wouldn't be surprised to see it back off when we get in the middle of earnings season. stuart: you're sounding very

tepid. >> no, no, not at all -- stuart: lukewarm. >> no, this is why i don't think people should be trying to pick tops and bottoms, why jpmorgan's gone up 5% today, i like my stocks, i hold them, and look what happens? lauren: i would say message of today is the banks are e resuggest cent, but the consumers a are not. >> correct. stuart: happy birthday. lauren: thank you. stuart: we'll get to that later. [laughter] more coverage of the market, believe me, coming up. next case, president biden tried celebrating the newest inflation report, tried it on instagram. lauren, i don't think it went well. >> lauren: the headline is he said inflation is down 45%. really? so i actually had to to the, like, do numbers myself, and this is what he was talking about. he was talking about consumer prices. they were 9.1% in june, and now they're 5 percent %. -- 5%. so he's celebrating that 45%

decline and the fact that cpi is still at 5% when it's supposed to be at 2%. stuart: number two? lauren: we're seeing declines in gas and groceries. are you kidding me? gas prices are up 20 cents in the past month, and they're likely going up. yes, inflation is moving in the right direction, nothing to celebrate. stuart: okay, i'm going to move on. president biden acknowledged his age and that he may be at the end of his career. watch this. >> i've never been more optimist pick about the future than i am today. and i'm at the end of my career, not the beginning. the only thing i bring to this career after my aging, as you can see how old i am was a little bit of wisdom. i come to the job with more experience than any president in american history. doesn't make me better or worse, but it gives me huge -- [inaudible] stuart: every friday tammy bruce joins us normally at 10:00 in

the morning because she brings the fire, but we need the fire at 9:00. >> i'm a pussycat at 9:00, i'm sorry. even one hour. [laughter] stuart: i don't believe that. >> i want to tell the everyone, kenny's grooming and the beard are as wonderful in person as it is the on tv. of. [laughter] this is the not cgi. stuart: that's pathetic. you really are soft is. ening up. -- softening up. >> this is the 9 a.m. tammy. [laughter] stuart: do the democrats have a dilemma with biden's age? >> of course. stuart: for example, what happens, what do they do if biden has a feinstein moment? >> well, he already has, and they have protected him from having to deal with it. the country's dealing with a president who cleary has cog anity issues, has had them for years now. ran a campaign being protected many a basement, but americans went for it because weup couldn't believe it. we couldn't believe that the system would put us in this position, and, of course, democrats, we're all affected by inflation, we're all affected by gaslighting, we're affected by

black swan events in the middle east, an attack on ukraine, 13 dead troops in afghanistan. the border. i think we're still stunned that things could have gone south so quickly, within two years, because of this collapse of people who, you know, someone's running the country. there's still a question about exactly concern. stuart: we don't know who it is. >> we don't know who it is, and our system is set up so that there is responsibility that is held, and you can hold people responsible, but now we don't even know who the that might be. stuart: on that note with all the criticism on the president for his lack of transparency and continually avoiding the media, watch this. >> he doesn't answer any questions. i honestly just don't think he's in charge of the country. >> i think that we still get all the information we need to. maybe he just isn't looking for the spotlight as much as others may have. >> i think that he's avoiding a lot of questions. >> nobody really knows what's going on anymore. >> they won't let him talk to the anybody, do interviews.

donald trump answered so many questions. >> i think we all know he doesn't run the show, his handlers pretty much take care of everything that he does. obviously, he seems compromised to some degree. stuart: well, tammy, do you think he can keep up the basement strategy for another 19 months? >> well, they think they can. they have no other alternative. stuart that's true. >> he's not exactly going to the snap over it. he's not having a bad day. it's not a leprechaun that's doing this to him. but those interviews show you that the american people see what's happening. the woman is a very good example of what i said many americans, perhaps, are doing which is still making excuses because it's frightening to think about what's going on and what the alternatives are and what other black swan event may occur that we are unprepared for. so this is why for the election they keep him away from microphones, because when he does speak, it reminds people of the problem. they can't hide it. and it's not going on the like 2020. it's very different now because now we know. stuart: friday at nine is just

as good as friday at ten. >> thank you, stuart. my pleasure. stuart: next, donald trump, well, he has been widening his lead over ron desantis. what is desantis doing to close the gap? lauren: he's sending message that he is the republican that can win against a democrat. so trump has absolutely expanded his lead in the polls. i took the rcp average -- [inaudible] but desantis has not made his run official yet. he's in new hampshire today, and some voters are going to start to see this ad with familiar message. >> the rights of parents, i'm standing in your way. freedom is here to stay! [cheers and applause] lauren: at first i was like, okay, we know that message, right? the florida is free, open for business, the culture wars. but if you look through that full ad, there's a lot of the words win, fight, we never back down. i think that is veiled

brilliance of him telling the party you want to win in the general, you've got to go with me because he doesn't think that trump can win against joe biden or whoever the democrat nominee is. on michigan i wrote this down, he said this: what i see around the country with republicans is they've started to develop a culture of losing. that's a hit to donald trump, in my opinion. stuart: interesting. happy birthday again. [laughter] check futures please. look, it's friday, we're wrapping up the week. how are we going to go out on wall street? i'll tell you now, a little red ink, left-hand side of your screen. backlash over trans-activist dylan mulvaney's brand deal with nike. that backlash is heating up, literally. watch this. >> all you real women out there, we are in the fight of all fightings. it's a great -- fights. it's a great night to burn my nike bras.

stuart: okay. okay, okay, okay. are we done with that? are we done with that? yeah, okay. then there's this: the fbi arrested 21-year-old air national guardsman jack deshaara for his alleged role in colleaguing classified documentd documents. my question? how come a 21-year-old got the top clearance? we'll be back. ♪ 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? the company profile tool, in thinkorswim®. yes, i love you!!

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stuart: all right. we've just received the latest on industrial production. it was up last month, .4%.

a little bit stronger than expected. no immediate impact on the market. next case. 21-year-old jack teixeira has been arrested. he allegedly leaked classified documents. alexis mcadams joins us. he's going to make his initial court appearance this morning. tell us what's going to happen. >> reporter: stuart, that's right. we're expecting to see that 21-year-old here in this courthouse right behind me in boston the around 10:00 morning or between that i'm and 2:00 in the afternoon. we're trying to figure out the exact timeline of what should be a pretty quick court appearance. this all comes after investigators say he had classified documents that he posted online, and now the doj is trying to figure out how did a 21-year-old with a high school diploma ma get his hands possibly on these classified documents. you can see all that video of jack teixeira being arrested at his massachusetts home there. the massachusetts air national guardsman livedded just about 30 miles outside of boston with husband mom. the video shows teixeira wearing

shorts and a t-shirt walking down his driveway. fbi raided that house as u.s. government is investigating what's being called the biggest national security breach in at least a decade. so teixeira worked specifically, stuart, as an i.t. specialist for the air national guard, holding the highests level security clearance, but that was the revoked before he was arrested yesterday. investigators tell us he uploaded top secret documents to the to the internet. what was in the hem? -- them? detail thed maps of ukraine, posting that sensitive the information on the online app kiss coward. the leak damaging -- discord. he is expected to be charged with removing or transmitting classified national defense information, that's the crime under the espionage act. >> today justice department arrested jack douglas deshare a rah many connection with an investigation into an alleged unauthorizedded removal, retension and transmission of classified national defense

information. >> reporter: yeah, these are really serious charges here. so house intel chairman, mike turner, calling for a full investigation saying in the part: while we seek to learn the extent of classified information released here, the house intelligence committee will now examine why 24-7d the, i why it went unnoticed for weeks and how to prevent future leaks. back out here live, we can el you a source els fox news bay believe other people were involved as well, so we'll keep a close eye on how this develops but once again, he'll be inside that courthouse had the the next few hours behind me. stuart: thanks very much, indeed. retired brigadier general anthony tatum joins me many now -- me now. i think we look like a leaky si. -- sieve. what are we going to do about it? >> yeah, hey, stuart, great to be with you. it's not that unusual for teixeira to have a high clearance like this because he was responsible for maintain thing the systems through which all that information passed, so

it had 100% to do with his duties -- stuart: i'm sorry, hold on, general, is that necessary? >> sure. yeah -- stuart: top clearance for this young man, 2 21 years old, who had reportedly some problems in the past, he can look at the top secrets of the united states? does it have to be this way? >> well, it doesn't have to be, stuart. it all relates to his job, and his job was to maintain the hardware and software of the systems where he worked there at, in cape cod. so, you know, he's -- if he's working on the system through which this top secret information passes, he has to have that clearance. now, the vetting process for this young man perhaps was lacking as they gave him this top secret, specially compartmented clearances, and it is one of the highest clearances you can have. so there's probably something

that needs to be looked at there when you think about the it. but what we do about it is just that, we tighten the screws on the vetting process of particularly younger folks that perhaps hadn't -- don't have the experience of operating within the government and understand the sensitivity the of these types of documents. it does tremendous harm. you know, if there's 100-ish nato special operations folks on the ground conducting foreign internal dethe fence training -- defense training of ukrainian military, every one of those soldiers now is at risk. stuart: exactly. >> and they're going on the targeted. and this is a very serious -- stuart: of course it is. i want to often the, i was going to the talk about ukraine. ukrainians are supposed to start a spring offensive. bearing in mind these leaked documents, can they win with that offensive? if. >> yeah, i think so.

i think that they can press ahead. i think that, you know, understanding -- what you do is you step back having commanded in combat many times, you take a look at what's revealed, you take a look what parts of your plan are compromised and what parts aren't and figure out how to use the leak to your advantage as a deception plan or other types of operations that could potentially change the tempo of the battle where you can leverage what you were going to do and do it maybe a little differently and create a disinformation campaign within the context of the tactical environment. stuart: okay, general, all good. thanks very much, indeed. thanks for joining us, sir. quickly to the markets, we've got a few minutes before we open trading, and it looks to me like we've got some red rink. not that much. dow off 3. the dow is heavily influenced by boeing which is sharply lower, that affecting the dow. nasdaq down 76.

all right, the opening bell is next, and we'll take you there. ♪ ♪ see no future, pay no rent. ♪ all the money's gone, nowhere to go ♪ and i remember kind of thinking like, "oh my gosh, i think we could be sisters." 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]

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i mean, oh, my god. they're just special families. so pretty much, if you put your life on the line, if something goes bad, they're there. that's awesome. yeah. they're incredible people, man. you saw all the stuff we put in these homes, right? i was i was blown away. and they deserve it. they earned it. this is not of course, we give them a mortgage free home, but look what they gave up. they gave up their bodies so, cole, why should americans give donate help? tunnel to towers foundation. i mean, is there any better organization to help the people that has fought for this country and the freedoms that we have? it's that simple. it is that let's take care of each other. and you're going to join us on that mission. thank you. hey, i'm cole hauser. i want you to join me in supporting our nation's heroes and their families. it's only $11 a month. go to t2t dot org.

stuart: thank goodness we've got mark mahaney with us, because guy has c understandable opinions. first of all, mark, i want to know why netflix is no longer you top temperature -- your op the pick. >> we're going to have some near-term volatility around this password sharing that's been rolling out, at least it's rolled out internationally. and we think it's going to the roll out. but anyway -- in the rest of the world, but that's going to the cause a spike. i also just much prefer right now near-term setup in spotify. i want to step back for a second, stu. look, this tech sector, we've had a nice rebound year to date and i think for reasons that are sustainabling. estimates and multiples have been derisked, and inflation is continuing to kind of ebb. we all want it to to the ebb faster, but it is ebbing, and that's a good thing for high-multiple, future growth stocks which you find in a lot of tech. we continue to the like netflix, but we like spotify more, and at

top of that list is meta. >> meta's already had a fabulous year. it's now if at, what is it, $217 now. where's it going? >> yeah. it's the up just about 100% year-over-year, so how can you still like the stock? it trades at 14 times earnings. it's actually one of the cheapest in the high quality tech stocks, and the stock is up, you know, because of these macro backgrounds that that, you know, i mentioned. but it's also up because of all the costs that they've taken. i think what the market still underappreciates are all the product cycles with the company. messaging ad product, the fact that they're rebuilding their add tech stack and marketers are finding that their return on ad spend is improving at facebook. and there's another product which most people who use facebook and instagram will know, i almost called it metagram, but use meta and instagram, it's this reels product. it's working. people are spending more time and they're increasingly monetizing. that.

stuart: people tell me tiktok organizes reels better than anyone else, but that's another story. you've not mentioned uber before, tell me what's good about it. >> it hasn't outperformed the market year to date, yet i think it's got some value catalysts ahead of it. i think they're going to start the repurchasing sock the, and i think they're going to be added to the s&p 500 sometime in the next to 1 months. so you want to be -- 12 months. so you want to be to long a stock before it gets added to the party. stuart: got it. mark mahaney, you were right on netflix, by the way. you told us it did -- would go straight up, and it did. netflix 400 year end? >> yes, you're right. yes. stuart: well, good luck with that one. mark, you're all right. of see you again real soon, i do hope. >> have a mice weekend, stu. stuart: i'll give it my best shot, believe me. we've got 8 seconds to go til the opening bell, heir going to start ringing it pretty soon. it's pretty friday, sports fans. a successful week for stock

investment, by the way. we're off, we're running, he presses the butt op the, and the dow is -- button the, and the dow is down .14%. can we see the big board or? the dow 30? we had a problem with that graphic yesterday and maybe we can't see it. all right, move on. where's the dow in the early going in oh, there you go, okay, we got it. one-third of the dow 30 on the upside, but there is, yeah, almost exactly half now up and half down. dow industrials with a loss of 29en points. the nasdaq -- i'm sorry, the s&p down a fraction, .1%. nasdaq composite, where's that this morning? down .39%. big tech the all over the place. they're all down. alphabet, apple, amazon, meta, microsoft all on the downside. show me boeing, please, because that thing is falling out of bed the morning. susan's with us. i want to know what's wrong. boeing's down, what, 5, 4.6%. susan: one of the main drags along with united health care which we'll get into, but boeing

says they will likely have to reduce their 7. 37 -- 737 max airplanes because of a parts problem. so there's a quality issue with the fuselage for certain 737 models according to the maker of the -- spirit aerosystems. and american airline ares, southwest, the customers that will be affected with this day. -- delay. but add it on to the several issues that boeing has faced including dreamliner delays, other wide-bodied jets that aren't ready just yet. they're cutting 2,000 jobs in finance and their hr departments this year. add in this to another round of concerns for boeing as they continue to lose -- stuart: i haven't mentioned unitedhealth this morning, but it's actually doing very well -- no, it's not. susan: it's a drag today. you're right, it was up in the premarket, in fact, close to 4- month highs for united health, but it was a beat when it comes to earnings. the stock was up with 2 million

membership adds, and they raised their full-year forecast. so the fact that it's flat is kind of puzzling. stuart: okay. bank earnings. susan: we have to the get to that. stuart: very big with deal. what's the standout? sue susan look at jpmorgan, 5.25% rally, that's huge, right? stuart: did i ever call it boring? i never called it boring. susan: some would call it boring, lower margin compared to high growth stocks, but look at the surprising reaction to jpmorgan, and this is surprising given that silicon valley collapsed in the first quarter, slowing economy, higher interest rates help pad the bottom line. jpm said that sales jumped by a quarter, profit rosed beside -- rose by over 50%, and deposits went up to over $2 trillion for america's largest lender. by the way, jpmorgan ceo jamie dimon just on the call says he is sill expects a recession -- can still expects a recession, but that might be pushed off

thiess for now. stuart: okay, what have you got on citigroup? >> it's up along with the rest of thebacking sector. their deposits went down at citi, so there's a bifurcation in quality of banks and where where you're trusting to put your money and which ones, i guess, customers believe will be saved by the government, ultimately. citigroup saw deposits go down by $35 billion. wells had to put aside more money, put aside $600 million in extra reserve because they're concerned about dethe faults, especially as i told you over and over again the weakness in commercial real estate loans. that is something to watch really. that's a really fragile part of the economy. credit card and auto loans also a concern. stuart: brach rock, the e -- can blackrock, the esg people. susan: assets increased to $9 trillion in assets under management for larry fink and his blackrock firm. of their sales and profit missed, so it wasn't great in terms of quality of actual earnings this year. stuart: you've got to coffer the

cryptos, because they're off and running again. susan: yeah. ether is up 12% mt. last two sessions. you're back above 2,000, highest level since may 2022. and the reason? well, because of that systems upgrade that i told you about, right? stuart: yes. >> a. susan: that makes more ether available, morally quiddity, makes it easier to buy things. stuart: it's a wonderful thing. susan: do you want to check coinbase? stuart: i really want to get to the walmart selling the clothing line. susan yeah, i was surprised, tear selling it to express and whp global, price tag roughly $75 million. but all of a sudden bonobos, which i thought was a male clothing chain, has been called an e-commerce play. it's interesting that walmart's going to get bigger in e e-commerce, but they're selling it off to express. stuart: now i understand. i didn't before, but i've got it

now. kenny polcari -- thank you, susan, by the way. kenny polcari's still with us. you picked out amazon as one of the stocks you like. fractionally lower today. >> right. but that's my theme about picking out the mega-cap stocks in the industries i want. amazon is one of those names that i think is a long-term hold, it's a core holding, so it's one of my names that i continue on weakness i would be a buyer. stuart and you like unitedhealth, but that is the forgotten stock in the dow. >> it's the unbelievable. united health, like susan pointed out, it was up in the premarket after the earning, but, look, it's been up 11% in the last 6 weeks, right? so it's the flat, but it had sold off, rallied 11% into this earnings. the fact that they're taking a little bit out of it today is not surprising to me, but it's one of those big mega-cap names, $490 billion in the health care industry. stuart: you've got 15 seconds to tell me why you like the cybersecurity company -- >> crowdstrike.

cybersecurity is at the top of my list in terms of tech -- stuart: hasn't it gone up enough already? >>st the up 36%, but it's just about to test its trend line. will it provide resistance, or is it going to blast up and through? stuart: you're watching but not buying. >> at the moment i'm watching, because if it backs out -- stuart: you've got 25 minutes to bail yourself out. susan: can we just concern. stuart: sorry, sorry, heir killing me in my ear. elon musk warns of tough sledding for the economy until next year, but the real question can -- is, why do we pay so much attention to elon musk and everything he says? we're going to to discuss the that. college costs up a whopping 160 odd percent since the 1980s. of challenging job market, is college worth it? mike rowe is going to be with us, he's standing right there. i think mike rowe has his doubts about college being worth it. we all do. all right, mike rowe is on the show, good stuff. we'll be back. ♪ ♪ they said go to school and be

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stuart: nearly 6 in 10 workers say they feel burned out, and that is a higher proportion that felt burned out than during the pandemic. mike rowe is with us. now, he's the "dirty jobs" guy, but he's prepared to answer questions on. why is burnout worse now than during the pandemicsome. >> i'll tell you, i don't think -- and this is the controversial, i always get pushback, but i'll just say it, why is burnout always blamed on the work? why is it blamed on the job? i mean, it's so baked into the conversation, we rarely step back to say, hold on, you're really talking about job satisfaction. and if you set the table with the idea that your satisfaction on the job is going of everything to do with the job and not jobber, then you've

immediately entered this space where you're going to look around and say, oh, well, you know, work's the problem. that's what we do. by and large, a thousand different times a day in a thousand different ways we blame the work. so why is burnout higher after the pandemic? whatever the reasons, i wouldn't start with because the work is harder or because the jobs are meaner or the bosses are lousier. i would say that, i don't know, maybe it's your diet, you know? maybe you're not getting enough sleep. maybe you got problems in the boudoir. i have no idea. but the idea that you go right to the top and start thinking, oh, well, the problem is work and then we wonder what's going on with work ethic in this country, well, that seems to line up, right? if work is the approximate may not cause of all our misery, then it's going to be the enemy du jour. stuart: very interesting. i've not heard that. >> well, i'm a fascinating guy, stuart, ask me another question. [laughter] stuart: i've got another one, college costs, up and up and up

and up for years and years. i don't think college is worth it, do you? >> well, you're painting with a broad brush, and if i had to agree or disagree, i would agree. but i would also say the reason we're in the pix we're in is because we've been saying the same thing to the largest possible group of people for a very long time. we've told an entire generation that the best path for the most people is the post most expensive path, and we've also promoted college not on its merits, but at the expense of any other kind of degree or sortification or training. you don't go over here, you're going to wind up turning a wrench with some sort of vocational consolation prize. my foundation focuses on the millions of jobs that are available that don't require a 4-year degree. we offer a couple million bucks a year in the work ethic scholarships, we're doing it right now. these aren't for 4-year degrees. and finally to your point, you're not angry enough about it. yeah, it's the more expensive thanst the ever been, but it's the also more expensive than

health care, it's more expensive than real estate, it's more expensive than energy. never in the history of western civilization has a thing become more exponentially expensive faster than the cost of a 4-year degree. stuart: that's fascinating. >> if that that doesn't make you angry, then i don't know what -- right? i mean, it's bananas. stuart: what the devil's going on? stay there for a second, i want your response to another story, and that is more women are becoming the breadwinner of the family. lauren: these are pew research numbers. 16% of women earn the family's main paycheck, right? that percent has tripled in the past 50 years going back to 1972. 5 a 5% of husbands -- 55% of husbands are the breadwinner, but that's down by 35%. so, yes, the financial dynamics of the family have underwent this sea change, but the daily responsibilities in the household have not. translation, women are doing the chore, the laundry, the cooking. you would think i would have a

problem with that, right? stuart: no. lauren: okay. well, i don't. i don't have a problem with this, and i'll tell you why. you know i have a podcast, we talk about these issues all the time. i think women are being rewarded for being able to multitask the way they do, to be the breadwinner, to take care of the children, to do the laundry and the cooking. we, we're not burning out. we're able to do it. stuart: you've got two guys sitting on either side of you. first of all, mike rowe, respond to what lauren just had to say. >> i, look, there's a terrific book called "men without work." the point 7.2 million able-bodied men between the ages of 25 and 54 are not only not work, they're affirmatively not looking. that that's never happened before in peacetime in this country. so who's going to pick up the slack? i mean, it's not a trick question. the jobs have on the done, they have to be done. and if we have created a situation where it's possible to simply not work, then people are

going to simply not work. it's the fault in our stars, right? of course somebody a's going to do the work. and if it's women, good on you. stuart: what do you think, kenny? >> i think to that point, you're correct. but i have to say something, i do laundry and i cook. and i work. i love to cook. lauren: yep. >> my mother taught me very well how to take care of myself and do the laundry. i'm proud to say that my wife and i are very much a team, and we very much share all the responsibility. stuart: you're not happy with the acquisition the of labor within the average, normal family, are you? lauren: i'm fine with it. if i said to my husband, i need you to do laundry, he would do it. i'm not complaining that maybe some women do more of the household chores, because they have the authority to say, hey, i need your help, and hopefully their partner steps up. stuart this is one discussion which i've tried to keep out of, and i think i've done a remarkably good job of it. [laughter] lauren: i think the popular

thing to do is just say, well, it's just not fair, women are doing all this stuff they don't have to do -- >> do you do laundry? stuart: yes. lauren: you do? stuart: yes. >> your own? [laughter] lauren: how do you fold? stuart: hold on a second. this is my show here. [laughter] we will all be watching "how america works" with mike rowe on mondays, 8 p.m. eastern right here on fox business prime. you happy with that, roweing? >> if i had to add anything, i would say half the people my foundation has helped are women. and the opportunity the for women in the trades, never in the history of the country have they been more robust. stuart: i knew i liked you. thank you very much, indeed. coming up, don't forget to send in your friday feedback with, e-mail your questions, comments and critiques to varneyviewersfox.com. next week the house judiciary committee will be hearing from victims of new york d.a. alvin bragg's policies. congressman tom tiffany will be on the committee. he's going to be in new york. he's going to join me next.

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i screwed up. mhm. i got us t-mobile home internet. now cell phone users have priority over us. and your marriage survived that? you can almost feel the drag when people walk by with their phones. oh i can't hear you... you're froze-- ladies, please! you put it on airplane mode when you pass our house. i was trying to work. we're workin' it too. yeah! work it girl! woo! i want to hear you say it out loud. well, i could switch us to xfinity. those smiles. that's why i do what i do. that and the paycheck.

stuart: the house judiciary committee will hold a field hearing many in new york city next week. they're going to hear from victims of manhattan d.a. alvin bragg's policies. congressman tom the tiffany, republican house judiciary member, he joins me now. all right, congressman, you're going after mr. bragg. who are you going to call to act as witnesses? >> yeah. good morning, stuart, it's good to join you. we need to the hear from victims. we need to the hear from victims of the climbs that are being committed -- crimes that are being committed in the manhattan. one of the key questions that i'm going to ask, they get federal dollars from the united states government in the manhattan district attorney office. i want to know how they're spending that money, because you've seen this increase in major crime of, what is it, like 22%? what are they doing with the money they're getting from the federal government. stuart: so you're going after the money. what are they doing with federal money. and with -- are they going after

trump with federal money? that's what you're getting at, right? >> yeah, that's really one of the big questions. but it's also -- i think this is a very appropriate hearing, as you said from the get go here, we're going to the hear from victims of crime. too often the victims of these heinous crimes are not being heard like the bodega owner, like the woman whose son is being, a veteran's son who was killed, and one of the guys skated as a result of the policies of district attorney bragg. stuart: yeah. bring 'em in, talk to 'em. see what's going on here. all right, congressman, congresswoman ilhan omar, she gave $2.8 million to her husband's political consulting firm. why do you want to stop that? is this anything wrong with that? >> yeah, we've introduced something called the omar act, and actually getting a number of cosponsors for this. congress should not be a family enrichment scheme, and that's

what happened in the case of the representative from. min yap his where she took $2.8 million from her campaign account and gave it to her husband's consulting firm. that's not how this should work. and it's part of the reason why you see such great skepticism by the american public in regards to members of congress. it's things exactly like in that do not pass the mel test the. the smell test. that's why we've introduced this bill. stuart so this is a proposal. you're going to put it before congress and see what happens, but it's a proposal at this point, right? >> yeah. we've introduced the bill called the omar act that will prevent this type of action from happening. i hope that we're able to get a hearing. and, by the way, it should be bipartisan because 15 years ago adam schiff and nancy pelosi did a bill just like this. i don't see why we shouldn't be able to passes this on a bipartisan basis. stuart: the turn those tableses. congressman, very interesting, appreciate it. see you next week in new york,

okay? see you later. >> looking forward to it, stuart. stuart: you got it. i want to say look at the market, please. in business for 25 minutes. where are we now? we've turned around on the dow, it's in the green. so the temperature -- s&p, thanks for the nasdaq. thanks for joining us, kenny. >> always a pleasure. i love coming here. stuart: you do? >> i do. stuart: we'll fix that. [laughter] still ahead, pete hegseth, riverside county, california, sheriff chad bianco, tomi lahren, the 10:00 hour of "varney" is next. ♪ people in the place, if you want to get down -- ♪ put your hands in the air. ♪ will.i.am drop the beat now ♪ ♪

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