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tv   Varney Company  FOX Business  April 26, 2023 11:00am-12:00pm EDT

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>> yes. joe biden is approaching this next campaign the same beta he approached the last one. he is dodging interviews, questions, any kind of accountability, and that's something that i think is absolutely unacceptable. >> this president, joe bide, he doesn't like change -- taking questions, he doesn't sit down for interviews very often.
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they want to shield him. he's not very good live. can they effectively run another version of a basement campaign? >> i would venture to say any american with any sort of 401(k) has exposure to big tech and should be rooting for it. >> i don't want to be bearish, but the data is bearish, and i can't ignore it. the bond market does not agree a debt agreement is going to be the signed anytime soon. we're probably going to hit new lows x then i think we'll have a sizable fourth quarter with rally. ♪ ♪ pump it up when you don't really need it ♪ stuart: good morning, everybody. it is the wednesday, april the 2 the 6th. a lot of action on the markets. start with with the dow industrials which are now down 111 points despite huge gains in microsoft ask a modest gain in boeing which are both dow stocks. nonetheless, the dow is down 110. show me big tech. they're all up today and, in
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fact, they're leading the market. microsoft is up $20 at 296. how about that? amazon, 2%. meta, almost 2%. they report after the bell tonight. alphabet's up and apple is up 49 cents. the 10-year treasury yield down morning, look at that, it's down to 3.40%. that's the markets, now this. we are told that voters are turned off by toxic politics, ands the usually donald trump who gets the blame. all right. well, listen to from karine jean-pierre. it's not a personal attack the, it is an appalling degradation of our politics. roll tape. >> republicans promised to put cops on the beat. instead, they're fighting to put fentanyl on the street by defunding border patrol. their proposal makes clear that only things house republicans are committed to giving to americans are increased crime. stuart: i have to repeat that. republicans are fighting to put
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fentanyl on the street. what an insult. not just to republicans, but to all all those americans who have lost loved ones to biden's open border. another example there from democrats. the president addressing a union crowd says are republicans are, quote, cut from a different cloth. end quote. [laughter] i was born and raised in england where with class warfare was invented, and that was class warfare. biden implies that republicans are snooty, country club people, the country club party looking down do on working people. he's wrong. these days union people tend to the vote republican, and it is the democrat -- elites who look down on the rest of us. i'm going to end with this: a toddler dumped alone on the border. look at that. alone. poor little kid, alone, totally alone. will biden and the democrats ever take responsibility? third hour of "varney" starts right now.
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♪ ♪ >> fortunately, martha maccallum is here to calm me down. republicans are fighting to keep fentanyl on the -- i find that just appalling. >> well,s. it is appalling. and i think that our political call discourse this is that -- has degraded dramatically over time. i think there are people to blame on all sides of the equation probably for that. but, you know, to the stand there and say that republicans are fighting to put fentanyl on the street whenst the quite clear -- when it's quite clear that this problem has poured across our southern border based on an eckings treatment -- extreme loss of control all along the border it's so -- it's beyond embarrassing. it's just so awful to think about how much power we have
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given to the cartels. and i always think about how they must just be laughing at us because we make it so terribly easy for them to make millions and millions and millions of dollars trafficking people and drugs across our border. we obviously do not have a closed border, and that is why we have an intensely dangerous, devastating fentanyl problem in this country. it's never about allow thing more money at police. it's never about throwing more money at anything. it's really about doing your job efficiently, which is not happening. stuart: let's change the subject, shall we? >> absolutely. stuart: calm me down. [laughter] vice president harris mocked over her first speech since she and president biden launched their re-election bid. you've got to watch. roll it, please. >> i thinkst very important for us at every moment in time and certainly this one to seize the moment in time in which we exist and are present. and to be able to contextualize it, to understand what we exist in the history and in the moment
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as it relates not only to the past, but the future. if. stuart: sounds like a sociology class, doesn't it? was that her worst word salad ever? >> yeah. can she just say something? i'm willing to listen. she's the vice president of the united states. but what is she trying to say? i guess she's trying to say, you know, she believes that women's rights are threatened, that she's going to stand up for hem this, right? how about that? stuart: why doesn't she say it like that? >> how about just saying something instead of saying nothing? and it's always like this contextual, ether-living, bizarre combination of words that are being grabbed from here and there. i honestly think there's a real serious loss of confidence -- stuart: in the country, the country has a serious loss of confidence. >> that's true, but i'm wondering if she has lost her confidence because, you know, i think about her as a senator grilling brett kavanaugh, you know, she was a prosecutor, she
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was attorney general. i feel like she used to be better at this kind of moment. so i'm not quite sure what happened, but they better figure it out because she's a huge piece of the re-election campaign. stuart: yes. and she's a heartbeat away from the presidency. >> absolutely. stuart: you're going to the coronation. it is a week from saturday, i think. >> i am. it is a week from saturday. stuart: you're looking forward to it, i know you are. >> of course. tests t always interesting to cover these eventings. they're huge, spectacular events, and i think it's interesting to follow it. of course, one of the big questions is whether or not you're going to see that kind of enthusiasm for this as you did for the jubilee, for example, oe outpouring that we saw for the queen's funeral. charles has been waiting for this job for 70 plus years, and i wonder if he can uphold the crown the way that his mother did. you know, it's one of the most important institutions kind of in the world, right? no matter what you think about it, you look at the pap city, you look at the british royal
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family, the big things that have mattered to western civilization over time, right? and i wonder if he can keep it going. it's a big question mark, i think. stuart: you're going to be working hard, aren't you? that coronation lasts all day long. >> always. piers morgan, ainsley earhart and i will be working a hard, but we're going to have some pun too, i think. stuart: do you get to go to the after-crowning party? >> of course. they throw the doors wide open for members of the press. no! stuart: i don't think so. >> no, no, no. the royal family says as little as possible to the press. queen with elizabeth never did an interview in her entire life. stuart: not one. >> charles has done a few -- stuart: you're not allowed to take pictures of the queen eating. >> i wonder if the king will uphold that law, you know? i don't know. stuart: i don't know. >> do you allow people to take pictures of you eating? stuart: no. i never eaten on camera.
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[laughter] that is true. that. lauren: you did once. >> you should come with us, you could really add a lot. stuart: no, gotta do the job here. >> kid you mow that i learned today from a washington post piece that william is one-sixteenth american and his english, his american roots go right to the front line of the revolution in lexington and con cold. it was on cayenne that's side. so -- can diana's side. so now the person who will take the throne next is part american and part revolutionary. stuart: oh, dear. >> isn't that interesting? stuart: he's still going on the king anyway. regardless, we're watching you at 3:00 this afternoon on fox news, "the story," with martha. thanks very much. take a rook at the stock markets as we speak. i've got some red ink for the dow, down 27 points. the nasdaq is doing very, very well. david stryzewski is with us, market watcher of the day. david, you say we're going to -- stocks are going to go down in the summer, and it'll be even
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worse in the fall. say it again. [laughter] >> good morning, stuart. so, you know, as we look at just the overall trends here, it's been four decades at the fed's been able to reduce interest rates and create easy money which ultimately led to the longest bull market that the world's ever seen. so, hey, we all loved that, we enjoyed that, hopefully we profited from that. we're now finding ourselves on the edge of recession. there's a difference between recessions and football crises. -- financial crises, though they sometimes go together, though rarely. in this case right now, we're looking at most ceos worldwide are actually concerned of a recession, but i also think that we're on the verge of a banking crisis, a financial crisis that could be systemic. and and ultimately, and this is my fear, i don't vote that this occurs, but i think that we might be finding ourselves with many chapter 11s as banks have a lot less capital to be able to lend today. there's a lot of organizations out there that ipo'd, the
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spacs that are out there that need a lot more vc money. they need a lot more capital to run today than they actually create. stuart: all right. >> so this could promote a bunch of challenges. stuart: real fast, david, should i sell my microsoft? if we've got this dreadful situation coming, should i get out while the going's good? >> the a.i. revolution has a lot of steam left in it. i like microsoft, especially better than alphabet right now. i think that they're optioned well because they can -- positioned well because they can integrate and it's not just ad revenue on searches. i think that microsoft's flush with cash, it's a home team here in the seattle area, i'm voting that they go up. i'm hoping that everything continues to work out. stuart: i'll stay in. thanks very much, indeed. david, thank you very much, sir. see you again soon. lauren's back with us looking at the maneuvers. chipotle is up $255 a share. lauren: so despite several rounds of price increases, all customers management says, including the low income customer that pulled back a few
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quarters ago, came back. they see chipotle as a value. same-store sales up 10.9% in the quarter. stuart: where are we with bed bath and beyond there? 13 cents a share. lauren: they received their official nasdaq delisting notice. the bankruptcy sales, the closing sales in the stores -- stuart: oh, i've got to check that out. amazon, what are hay doing? laying people off? lauren: well, 3%. they announced previously that they're laying off 27,000 employees. they have about 9,000 left to go. they started, reportedly, laying off folks that work in their cloud division and their hr acquisition. that's happening told. they report earnings tomorrow. stuart: laying off in the cloud division? lauren: i thought the same thing. stuart: who lays off in the cloud division? amazon. horrifying video, you've seen this before. a warning here. a homeless man beats a former fire chief with a crowbar in san francisco.
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the district attorney just cropped the case. the reason why will drive you nuts. transgender swimmer lia thomas bashing her feminist critics. roll ape. tape. >> using the guise of feminism to sort of push transphobic beliefs. stuart: okay. she says people who don't support athletes like her are transphobic. more on that in a moment. later today the president takes questions at a joint press conference with the president of south korea. this is a rare i victim. the president answering questions? peter doocy reports from the white house next. ♪ ♪ whoa, for the longest time. ♪ whoa, for the long. ericson: -- longest. ♪ i'm that voice you're hearing in the hall ♪
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stuart: president biden ran in his -- ran in 2020 with a message of unity, but for months now the message has been one of attacking and blame aring maga republicans -- blaming the maga republicans. peter coosey, is that going to be -- peter doocy, is that going to be a constant feature of the campaign? >> reporter: that's the whole campaign, stu, because they think they are presenting voters with a choice, and we're hearing more and more people hearken back to biden's 2020 campaign against trump where he said don't consider me, deme the -- consider me the almighty, consider me the alternative. pardon me. something else that we're hearing from the campaign staff is that they would rather have president biden seen as the president than a candidate, and today is a way to do that. they are having a big statement
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that the leader of south korea is here. but underneath it all, there are these unavoidable questions about his age. >> the president plan to serve is all eight years? >> i'm not, i'm just not going to get ahead of the president. that's something for him to decide. i'm just not going to get ahead of it. there's a 204 campaign. anything related to that i would refer you to that. >> reporter: well, they encleaned that up really quick with a tweet. i wanted to be sure i didn't go into 2024 the more than is appropriate under the law, but if reelected, potus would serve all eight years. president biden's age is a drag on every recent poll numbers, and that has the architect of the initial obama/biden campaign in 2008 predicting the coming rise of vice president harris. >> kamala harris is going to have a prominent place in this campaign because of his age. i think it's a natchal question -- natural question to ask about the vice president, and there must be a recognition
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in the his campaign and in the white house that they need to strengthen her as a player in all of this. >> reporter: and so they make in this announcement, but there's not much of a campaign set up yet. they told us who the campaign manager is, the deputy campaign manager, but when karine jean-pierre gets questions about who we can ask questions, political questions concerning the president, she is directing us to a generic press e-mail account over at the campaign. stu. stuart: a generic account no less. peter doocy at the white house minus the leaf blower, good stuff. [laughter] we're changing the subject again. transgender swimmer lia thomas says her feminist critics are actually misogynystic transphobes. listen to this. >> they're, like, oh, we respect lia as a woman, as a transwoman, whatever, we respect her identity, we just don't think it's fair. they're using guise of feminism to sort of push transphobic beliefs, and so hay try to just
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play it off as this sort of half-support. stuart: well -- [laughter] deroy murdock wrote a piece about this. you can see it on the screen right there. he says the democrats' message to women is, hey, drop dead. a little blunt there, deroy, he's with me this morning in new york. that doesn't the sound like a winning strategy to me. you're heavily critical, aren't you? >> i would say i was pretty critical of that approach. i specifically looked at a vote of something called the protection of women and girls in sports act, and it says any school that gets federal money cannot have a situation where you have biological females competing against biological males in sports. every republican votessed for this, every democrat voted against it. what's amazing, girl power, they've abandoned that completely, and now they're on side of men who believe they're women. it's extraordinary. stuart: i do find that incredible. to me, it's a basic issue of fairness. lia thomas should not be racing in the pool against young women. i mean, that should just not be
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the case, and yet the democrats say that's okay. i don't get that. >> yeah. and, you know, again, this is 50.5% of of the country is female, 0.5% of the country consider themselves transgender. and in terms of men being larger, muscles bigger, lung capacity, one of lia thomas' victories was by 38 seconds over the person when got second place. that's unheard of when you have fair competition. stuart: totally unfair. i'm going to move on from therement of you think, and i read your stuff, you think that the intelligence letter, hunter biden's letter about intelligence agencies saying, a hey, laptop was disinformation, you think that letter's going to come back to bite the president. how's that going to happen? >> i think it will. democrats like to talk about the big lie, president trump saying he lost, there's a big lie in this situation which is this whole letter which was put together by michael morrell, former acting deputy director of the cia with himself and 50 other intelligence officers saying the hunter biden laptop was russian disinformation.
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well, actually, service the his laptop that did belong to him, the informs is legitimate, but they cooked up this letter and brought it out at the end of the 200 campaign. -- 2020 campaign. it was a giant lie, they knew about it, and media research center discovered 9.4% of voters in swing states would have changed their votes. he would be at delaware in his basement, donald j. trump would be in the oval office. this was decisive in the election of 200. stuart: i hope it does come back to affect what's going on in politics today, because it absolutely should. thanks very much, indeed, deroy murdock. back to the markets, please, quick look at that. the dow is actually down all of 19 points, and i've got an even split among the dow 30. i've got about 15 winners and 15 losers. the dow is down a tiny fraction. next, electric car sales surged in 2022. ashley's still with us. ashley, how big was the surge?
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ashley: i'm always here, stu. [laughter] ev car sales worldwide jumped more than 10 million last year, that's up 55% from 2021, that's according to to the international energy agency. and by the way, china accounted for roughly 60%, 6-0% of market. in total, more than 26 million electric cars were on the world's roads last year, representing a 60% increase from the year before, and the iea estimate thes worldwide sales could reach almost 14 million this year. but for some perspective, electric cars' share of the overall car market has risen from around 4% in 2020 to 14% last year, set to the increase to 18% year. and, by the way, the largest market continues to be by a wide margin china followed by europe. stu. stuart: i've got -- there are some car engineers suing after they were recruited by car companies but then put on the assembly lines. tell me the story.
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>> reporter: yeah. it was nine engineers from mexico say they were recruited by kia to work at auto plants in the u.s., but instead of working in the office with executives, the workers say they ended up on the assembly line lugging steering columns and install thing bumpers while logging 40-hour-plus weeks -- 60-hour-plus weeks in georgia. named in the suit9 are kia and affiliates of hyundai and also the company's parts supplier. the mexican nationals claim they were lured to the companies' assembly lines by korean-led labor brokers who dangled professional jobs that didn't exist. both kia and hundred kay, by the way, strongly deny those lawsuit allegations. stu. stuart: got it. thank you very much, ashley. now this, the president is really leaning into his new campaign slow began. watch this. >> we now have to finish the job. union workers are going to finish the job. it's time to finish the job. finish the job.
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[applause] stuart: he repeated that phrase six times in that one speech. it was his first event since he relaunched his campaign, and we're on it. house republicans want to vote on debt ceiling bill as early as today, but even if they pass it, the white house says they'll veto it. is there a plan b? i'll ask house majority leader steve scalise. he's on the show after this. ♪ i'll be here when you are ready to roll with the changes ♪ i bought the team! kevin...? i bought the team! i put it on my chase freedom unlimited card. and i'm gonna cashback on a few other things too. starting with the sound system... curry from deep. [autotune] that's caaaaaaaaash. i prefer the old intro!
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permex petroleum is leading the charge in the prolific permian basin with an attractive portfolio of oil, natural gas, and royalty assets. with expanding drilling operations and plans to uplist to the nyse, permex petroleum is poised for growth. stuart: on the markets we've got dow industrials down just a little, down 20 points, 33,500. but the nasdaq, by the way, is way up there. susan's back, i want to dig into these reports from microsoft and alphabet. key takeaways, please. susan: you're going to love this. microsoft's having a $147 billion day, highest levels in a year for microsoft after better earnings, and that's despite u.k. blocking the activision deal. really it's all about artificial intelligence for microsoft because you heard the ceo on the earnings call saying that the chatgpt-infused bing mobile app has grown pourfold, that's up
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3 -- fourfold, that's up 300% since its launch just a few weeks ago, and it's only the beginning with plans to the use a.i. when it comes to microsoft excel, word, office, etc. wall street is euphoric over the results and also a.i., at least 4 the, 24 price target hikes, and the average is calling for around 330 or more. the a.i., i would say, is the growth premium for microsoft since we know that their cloud are business is still growing, a pretty healthy 27% growth rate. they also made more money to start the year and raising their outlook for the rest of this year. and that's despite the u.k. rejecting that $75 billion activision blizzard deal on concerns that it would give microsoft too much power when it comes to gaming especially in cloud gaming. but some would say if you save that money, that could be and might be stock-positive. meantime on the ore side -- stuart: yes. bing. i want to hear about bing. susan: bing's growth, here's the
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thing, it has some concern about the existential threat that it represents to alphabet and google search. alphabet did do better to start this year, and i spoke with the cfo, what she actually saw in the quarter, and she says it wasn't bullish. she says that the main point that we have seen is that ongoing headwinds are continuing due to what we continue to describe as the challenging economic climate with companies indicating that they're remaining focused when it comes to optimizing spend whether on the ad side or the cloud side. google cloud was profitable for the very first time. she didn't elaborate when she was asked about bing/microsoft threat especially on that report that samsung might be replacing google with bing. she said we still have partnerships in place. she did tell me they are slowing the pace of hiring, but we are still investing in priority areas for top engineering and technical talent. still the, 13 analyst price target hikes on wall street, so they're going all the way up to 130, 140 or so for alphabet.
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i don't know why you bought into microsoft, but some would say ma della and his custody over the stock and the company has just been incredible and why the company is worth $ [laughter] all right, susan, thank you very much. president biden says he will veto speaker mccarthy's debt bill it passing congress. look who's here, house majority leader steve scalise joins us now. sir, what happens if biden, as he threatens, vetoes the bill many? you got a plan bsome. >> well, stuart, the president doesn't have a plan b. he would not see veto this bill if it got to the his desk, and the bottom line is the people recognize the president maxed out the nation's credit card. you don't just give president biden another credit card to go max out. that's what he's asking for. we've said, look, you've got to address the debt ceiling and address washington's spending problem at the same time. and if you read this bill, which i encourage president biden to do, why would he be against basic work requirements saying
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if somebody is sitting at home fully able-bodied, why should a single mom working three jobs have to pay for them to sit at home when there's workers everywhere, people everywhere trying to hire them? that would save over $100 billion. and, by the way, the voters of wisconsin just with an 80% vote said a few weeks ago that work requirements are something they want. this is something all americans get. we need to finally start the saving money while we address the debt ceiling. president biden's sitting on the sidelines, and that's not a tenable position. stuart: congressman, i understand that you're hoping to vote on it maybe today or tomorrow. were some changes made overnight? what changesesome. >> yeah. so there were two tweaks to the bill. one is we wanted to ramp up the date to align all of the work requirements to be the same. there were two different implementation dates for different pieces of that. one was 2024, one was 2025. we wanted to get all of that started earlier, get those savings to the taxpayers earlier, so we aligned the dates to start in 2024 and work
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requirements on some of the tax credits that were going on to be eliminated. some were related to the president's big tax and spend bill from last year, but some as they were writing the language, they got some tax credits that were in existence prior to that. that wasn't the intention. so those were technical corrections. stuart: okay. republicans have a very small majority in the house. you have to have everybody onboard with this debt ceiling bill. have you got 'em all onboard? >> yeah, and we had a really good meeting this morning with our full membership. speaker mccarthy laid out one more time and all of us did why this is so important to the country. and you saw a lot of members, including a lot of members who have never voted to raise the debt ceiling, that said we need to do this. if we're going to get spending under control, put our country on a trajectory to fix the problems that bind created, we've good to do this -- biden created, we've got to do this. stuart: former president trump threatening to skip. the primary debates. he says the networks are trump-maga haters.
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do you think skipping the debate is a good idea? >> if you look at president trump has done a good job, he knows how to leverage to make sure you have fair debates. we've seen unfair moderators over the years, go back and look, you had moderators literally arguing with republican nominees for president when the nominees on our side were correct. and making sure the rules of the debates are fair, i think that's what you're seeing right now. but at the end of the day, you know, we've still got months before that really gets under way. i think you'll see robust can debates. in the meantime, we're working on trying to get spending under control that here in washington and move important legislation to get our country back on track. stuart: every time you appear on this show, i ask you the same question. are you well? >> i'm doing great, i appreciate it. i know you care, so many of your listeners care. i still do physical therapy every week. i keep getting better. god's been good to me, i'm lucky to be alive. stuart: god blessed you, congressman, i know he did. >> god bless you, or stuart.
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great to be with you. stuart: thank you. [laughter] talk about a change in the subject here, a school district in washington state is cutting music classes. they want to save money and fight white supremacy. we'll try and sort that out. biden's pick for labor secretary, julie su, is unpopular on both sides of the aisle. if just one senate democrat opposes her nomination, she risks not being confirmed. grady trimble reports on why su is so controversial right after this. ♪ broken glass. ♪ walking on, walking on broken glass ♪
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stuart: a homeless man will not be charged for beating a former fear commission orer with a crowbar. okay, this is happened in san
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francisco. the new york post reports at the d.a.'s office in san francisco considered this to be a case of self-defense. prosecutors claim the commissioner instigated the attack when he used pepper spray to get the homeless man to move away from from his mother's home. the excisioner could face carjacks for that pepper spray. the homeless man will not be charged even though he broke the other guy's skull. i think i need to switch gears. here we go. president biden spoke to the unions just hours after announcing his re-election bid. ashley, what did he say? ashley: he said the same thing over and over, that the he will deliver for american workers if reelected. he's promising to create more jobs, boost manufacturing, breathe more life, he says, into the economy and he used, yes, that now very familiar phrase, finish the job. a lot. watch this. >> we now have to finish the job. union workers are going to finish the job. it's time to finish job, finish the job. [applause]
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there's more to do! so let's finish the job! we've just got to keep it going, finish the job. ashley: so i think what he's trying to say is, well, you know what he's saying there, finish the job. the speech to the union just hours of after publicly announcing his candidacy kind of mirrors his 2020 campaign when he held his first event at a pittsburgh union hall following, yes, yet another video campaign launch. the biden campaign views organized labor, as you well know, as a key constituency. stu. stuart: the problem is half of them vote for trump. all right, let's move on. ashley: yes, that's true. stuart: biden's pick for labor secretary is julie su and is under very close bipartisan scrutiny. grady trimble has the story, what are some of the concerns with julie su? >> reporter: stu, she supported california's effort to classify gig workers like ike or drivers, doorcash delivery folks as employees, not independent contractors.
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finish julie su has also pushed to the expand overtime pay. opponents say she's targeted tipped workers and the franchise model as well. despite those concerns though, senate democrats moved forward su's nomination today. when it goes to the full senate, it could take just one democrat like senators joe manchin and jon test ther or independent senator kyrsten sinema to vote existence her nomination to sunk it. the white house say it's not worried. >> we are confident in her nomination that the is, is proud to have nominated her and is going to continue to do the work that we need to do to get her to be secretary of department of labor. >> reporter: not a single republican supported su when she was nominated as deputy labor secretary. >> the three qualifications for being the secretary is you've got to show we innocence 'ems of
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an administrator, you've got to have been able to successfully negotiate contract disputes between warring parties, if you will. and lastly, you have to be impartial. of the three, he has none. she has none. >> reporter: today's committee vote sets up a full vote on the senate floor. it could be dramatic, stu, depending on which way those democratic senators i mentioned go. we've tried to talk to them, they are not giving us any comment on which way they might be leaning. stu? stuart: grady, thanks very much, indeed. show me the dow 30, please. we say the same thing every day, we're going to give you a sense of the market. i sense that there is a great deal of selling going on at the moment, because about two-thirds of dow 30 are in the red are, they're going down. the dow though down the only a tiny fraction. if the teachers union under randi weingarten helped keep schools closed during the covid pandemic, and today she's going to have to answer to that on capitol hill. oh, yeah, we've got a preview
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stuart: the head of the teachers' union, randi weingarten, will testify on capitol hill later on today. she's going to be grilled over the school closures during covid. lydia hu is here. i want you to tell me about the phone call between weingarten and the cdc director about reopening the schools. this was back in 2021. >> reporter: yeah. this is according to brand new reporting from the new york post. it's incredible. weingarten had two teen calls with the cdc director in the week leading up to the announcement that halted full reopening of in-person classes back in february 2021. yeah, this is coming from the post, and it shows just how closely weingarten and the union coordinated with the cdc's school reopening guidance. and, of course, stuart, you know it follows previous reporting from the post that shows the union had suggested language for the reopening guidelines including remote work for teachers. watch. >> the teachers' union, they
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were more focused, brian, on what today need to be closed as opposed anything in the conversation about what they needed to be open. they wanted a trigger for closure. >> reporter: and this new reporting also shows e-mails exchanged between the union, cdc and white house about coordinating press announcements regarding school reopening. now, critics like conservative watchdog group americans for public trust say these communications show the biden administration and the union put politics over science and the well-being of children who suffered learning loss during school closures. in fact, stuart, the largest declines in math scores from fourth and eighth grades have been measured recently since the start of the pandemic. that's according to government data. and according to a stanford economist, learning loss could shave over 5% or $70,000 lifetime earnings for children who were in school during the
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pandemic. that could total $28 trillion over the rest are of the century. a lawyer for weingarten sent a letter to the subcommittee saying the union's role in reopening the schools was, quote, limited and wholly appropriate, but that was before this recent reporting showing the e-mails and the phone calls, so we'll see what weingarten has to say for herself today at 2 p.m. stuart: i hope to see some fireworks. lydia, thank you very much, indeed. let's bring in corey deang lis with the american federation for children. corey, this is my opinion, the teachers ' union ruined the public schools, and there will be no accountability for the unions or weingarten. am i going too far? >> yeah, look, i mean, the teachers unions held children's education hostage to secure multiple multibillion dollar ransom payments from the taxpayers, and it did work for them. they received about $190 billion in so-called covid relief since march of 2020. the cdc wasn't following the science, they were following the political science and, hopefully, they're held accountable in some way.
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at least you'll see randy weingarten gaslighting, performing a spectacle today, but parents aren't going to forget, and they're holding these unions accountable by pushing school choice policies and allowing families to have real access to educational opportunities going forward. that's where the accountability comes from. stuart: yeah. school choice, that should be our national policy. at the appointment it's not, with but hopefully it will be. today marks the 40th anniversary of the famous mission at risk report. 40 years ago. seems like we're still at risk today. >> yeah. things haven't gotten any better when you look at test scores, especially when you look at how much we've increase spending. since 1970, first of all, we've increased per-pupil education expendtures by 152 the 2 -- 152% after adjusting for inflation. have the scores gotten 152% better? obviously not. and there are other problems such as gender ideology in the classroom,. >> critical race theory, or things that families aren't
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aligned with and that the schools are focusing more on indoctrination than education. stuart: education should be a major topic of discussion in the 2024 election. it will be on the republican side. it will not be on the democrat side. am i right? >> yeah, you're correct, and that's because the teach teachers unions like randi weingarten own the democratic party. that's why they were able to keep the schools closed for so long. the voters support school choice, so do independents, so it could be a political winner especially if the gop leans into this and, hopefully, some democrats will come along at some point. stuart: let's do this thing. corey deangelis thank you so much. i'm sure you'll be watching the performance this afternoon, and so will i. >> thanks, stu. stuart: a school district in washington state wants to cut music classes. they say those classes promote, quote, white supremacy culture. explain it, please, ash. ashley: not sure i can. to limp ya school district voted
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to eliminate band and strings for fourth graders, well, in an effort to both save money but also to fight racism. the school board's director admitted that research proves music classes are healthy for young minds, but he says they are disproportionately rolled out across the district's 12 elementary schools meaning some students get more instruction than others. the director told concerned parents there was nothing intrinsically white supremacist about string or instrumental music but warned that there are ways in which it could contribute to the racist culture. i have no idea can how. angry parents called it par for the course saying this same district had allowed one of its elementary schools to ban white fifth grade students from attending a new, quote, safe space club. so this board has a record, but i still don't understand how they're making this case for music. it makes no sense to me, stu. stuart: pure nonsense. that's just my personal opinion.
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all right, here we go. this is trivia question, here we go. what is the most common city name in america? franklin, springfield, chester, madison? the answer after this. ♪ ♪ ...? ...everyday products... ...designed smarter. like a smart coffee grinder - that orders fresh beans for you. oh, genius! for more breakthroughs like that... ...i need a breakthrough card... like ours! with 2.5% cash back . . the ink business premier card from chase for business. make more of what's yours. ♪ ♪ do the work, before the work. bodyarmor lyte. more than a sports drink.
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if your business kept on employees through the pandemic, getrefunds.com can see if it may qualify for a payroll tax refund of up to $26,000 per employee, even if it received ppp, and all it takes is eight minutes to get started. then we'll work with you to fill out your forms and submit the application; that easy. and if your business doesn't get paid, we don't get paid. getrefunds.com has helped businesses like yours claim over $2 billion but it's only available for a limited time. go to getrefunds.com, powered by innovation refunds. stuart: let's do this, what is the most common city name in america? ashley? >> well, franklin, tennessee, is one of my favorite towns. i will go with franklin much
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number one. stuart: i go with springfield. the answer is? you got it right. franklin. there are 28 across the country. ash, we have a couple seconds left here. what is the most common last name in america? >> smith. stuart: yes. how many people are named smith? how many? >> i have no clue. stuart: 2.4 million. what is the second most common last name, the second most common last name, what is it? >> jones. stuart: johnson. johnson. >> i was close. >> third most common last name, what is it? >> oh, my goodness. i have no idea. stuart: williams. williams. >> williams? okay. stuart: neither of us will be the host of jeopardy, that's a fact. all up for us but "coast to coast" starts now. david: ahead on "coast to coast," rewarding risky be

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