>> do not inflate your vest. >> maybe i should go my hat in the ring. is it that good? >> he's so animated. >> he's making the best of his day. if i had to fly back and forth nonstop and say the same speech no one listens to, let's have a show. >> he's got pride in his job. >> it's a really hard job being a flight attendant. he will encounter people who are cranky, demanding. i fly a lot, there's no thanks and you have to keep a smile on your face, i admire them and it's so great. >> we will we were there. kevin mccarthy says negotiators will meet again today. we will see the negotiations, nice to see you all. take it away. stuart: that was very funny. chris farley was one of my

favorite comedians. good morning, everyone. a political coup for ron desantis announcing his presidential campaign tonight in the twitter conversation with elon musk. he's taking a risk. knows what he'll say no in the future. a bold move. desantis is a high profile launch, elon extensive political influence. donald trump calls it one of the most out of touch campaign launches in history. more on this later. stalemate in the debt ceiling talks, some selling again today, 100 points, nasdaq don 85. interest rates keep cribbing up gradually. ten year treasury, yield down a fraction this morning looking at 368. the two-year, it's up a fraction.

430 on the two-year treasury. have look at the six month available? we do. it's gone up to 5.36% on a six-month period a narrow range, 269 is a price now. crypto don't generate that much interest these days. gas going up, the national average for a gallon of regular 356. it's up to sense overnight. on the show today, we have more on the hunter college professor who reacted violently to an abortion discipline into abortion display. new york post reporter to be a portrait asking for an interview and held a machete to his throat and chased him into the streets. at least she's been fired. will the super woke teaching staff support her? we'll see. later, another star comes to our show. judge jeanine puro has a new book, crimes against america. she's going to deal with the f

fbi. wednesday may 24, 2023, varney and co. is about to begin. ♪ ♪ stuart: get ready for this. we are saying song because frank desantis is getting ready to enter the 2024 race. lauren is with us this morning, desantis watches alongside elon musk, that was a surprise. when does it start? >> 6:00 p.m. eastern time tonight. desantis will live stream with elon musk on twitter spaces. virtual hang out. chat with multiple people at once. i see it as desantis embracing the platform of elon musk and

doing so on a platform that once been his biggest primary rival, donald trump. what does trump say? it's out of touch telling fox news digital announcing on twitter is perfect for ron desantis so he doesn't have to interact with people in the media can't ask him any questions. [laughter] stuart: let the games begin. here's what musk is saying about 2024. roll it. >> the preference of most americans is to have someone fairly normal in office. [laughter] i think would be quite happy with that actually. someone whose representative of moderate views i think most of the country holds so i'd like someone fairly normal to be president, that would be great. stuart: fairly normal person, i like that.

musk has not endorsed desantis but if you are desantis, you're sitting next to a powerful guy. >> if you want normal, i don't know why you're going to me. i feel he gives a certain level of cachet, i don't want to say he endorses but gives veneer. let's listen to what he said. looking for someone normal. you know who that was supposed to be for the majority of the country in 2020? joe biden. i know joe biden voters said i'm tired of the trump stuff, i want normalcy i'll vote for him. you happy with what you got with normal? he was supposed to be average joe. people want to average joe and they got the destruction of america. stuart: that's a little strong. >> what's going right? stuart: republicans really do hope strong association in 2024. temps got has larry ellison, how

lambert and so trump. that's something association with business people, he does he do on the democrat side so what does it tell you about the republicans? >> for the democrats, if you ran a business like the democrats run their business, you'd be fired instantaneously. what does it show about republicans? when it comes to balancing the budget, not living beyond your means and run a balance sheet of the country much less a company, it shows republicans get that. the way democrats and ceos get tied, it's on social issues. you never see democrats or companies coming together how to run something, it's always gei, blm, awoke initiative because if you read anything like the democrats run our government, he be fired, $31 trillion in debt. stuart: okay.

one thing which business delivers to politicians is they can get things done. that's important especially to republicans. >> trump had a lot of people who could get things done in his establishment. i'm trying to think of who gets things done, buttigieg, kamala harris? guzik get it done person in this administration and the business person that they tied in with? i don't know, i'm waiting. stuart: heaven forbid it bernie sanders. >> he's successful marketing himself as mr. poor making a lot of money off communism. stuart: i'm with you on this one. a new poll, 60% of voters for president biden's mental fitness is a real concern. even hillary clinton is mentioning his age. >> were talking policy there, autocare your policy, just watch

your television, watching operate day in and day out when the cameras are allowed to see him. is this normal? would you view this as normal? 60% of the american people see it as not normal so they are worried. two things could potentially ring biden done aside from the investigation, it's this situation in regard to mental list -- a new word. people say real really suffering and no promise of the end of the tunnel. stuart: stay with me, you're here for the hour. president biden's campaign ramping up spending on digital advertising, really wrapping it up. >> triple that of donald trump. two and a half million on ads for team biden compared to $604,000 for the trump campaign, 682,0004 desantis did when you look at the number, trump by far has the number most although he's been using his truth social

for the most part but digital as an online ad spending, it's grassroots and gets the small donor and that's where trump excelled in 2020 and now biden is coming in for that voter, somewhat of a reversal. check the futures, i see red ink but not that much. nasdaq down about 90. wiley joining us this morning. let's get straight at it, i'm tired of this back and forth on the debt deal. give me your forecast on how it ends up. how did it work out and what does the market do? >> you better be prepared to get more tired. [laughter] is just starting, a rough week. if you think about from the backup, june 1 deadline for janet yellen, it takes one to two days to write the legislation and there's house rule 72 hours to review it.

with memorial day, it was you in this week, it's got to be done friday and is going to be tough because there's a bigger gap than what they are letting on. if you look at the publican proposals they have on the table, there's over trillion dollars in cuts, they start with covid, the 30 billion budget gets bigger, student debt, irs and the tax revision, trillion dollars and all our projects for the democrats. i can't see them digging their heels in. stuart: as it will forward, what happens to the market? >> the market will get more volatile because it came in with that of this price neither in the market or stock market so is just now starting to get that. bond spreads are tight, who got the issues of the debt ceiling and rate hikes so i think we got more coming.

stuart: we go crisis to crisis, the debt crisis on the front burner now but the market seems to go up. the dow is up 33000, s&p 4100. it does not go down, it's gradually creeping up. >> the market wants to run this but can't help but think and you hate to say this but coming in, three more rate cuts this week and last week saying we may not be done yet, we may have more so there's no way will have rate cuts by the end of the year so the markets still not totally adjusted for that. it's given example, triple be spread, there's no recession price down there at all yet you look at the banking industry and rates of six, one of those is wrong and one is wrong.

stuart: i'm sticking with 5% so i think i'm pretty safe. welcome to new york, see you again soon. coming up, joy of the review says neither supreme court judges clarence thomas nor senator tim scott understand systemic racism rotate. >> leaves and pulling yourself up by the bootstraps resident understanding the systemic racism african-americans face in this country and other minorities. doesn't get it, neither does clarence and that's why they are republicans. stuart: we will bring you to muscat's reaction to that. the fbi failed to turn over subpoenaed documents for the bribery scheme involving then vice president biden. what of the republic is going to do? russell fry is here after this. ♪

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>> this could happen soon and this is one of the criminal once so pay attention, jack smith special counsel finish attending testimony and other evidence whether he mishandled classified documents tomorrow longer. familiar with the medical symptoms close associates, reportedly bracing or indictment and anticipate be able to fund raise our prosecution. as a kid is working for smith completed interviews with every employee at times florida home top aides to maze and maintenance staff honing in on terms intention. that's what he needs to establish. >> he faces legal challenges before the election, mar-a-lago, january 6 probe and the trump organizations under legal investigation. all of that before the election. >> some criminal, some civil but the trump butter loves trump and can fund raise and that was a key line in the script that. pay attention to that.

stuart: the fbi refusing to provide a subpoena document that details biden's alleged involvement in a bribery scheme while he was vice president. a member of the house oversight committee joining us now. they won't give you the document. what are you going to do? >> i think all options are on the table including looking at the fbi's budget. the american people hire us to represent them. we in turn higher agencies to do work on behalf of the american people and if they won't produce this document, need to look at defunding certain positions within the fbi, subpoena personal testimony. a lot of things congress can do but the end of the day the fbi and other agencies need to cooperate with congress in their investigations. stuart: or getting closer to where we can make the statement, vice president biden took money

while in office? are weakening closer to being able to say that? >> i think everyday we continue to subpoena records and connect the dots on the biden family scheme, what influence they were pedaling overseas and coming back and you see bank deposits from companies overseas after the biden's return home. i think everyday is a new revelation about what's going on and what has been going on far too long with his family. stuart: i want to bring up the legal challenges trump faces in the future. mar-a-lago documents, georgia election interference, january 6 probe, trump organization in new york city. i can see how he would carry the based on legal challenges but what about everybody else? >> i think the record speaks to itself. since he's become resident and even before, we seen witchhunt after witchhunt going after this

administration, the durham report was just released showing the fbi didn't do its job, didn't safeguard evidence and didn't have evidence so we continue to see law enforcement and prosecutors jumping to falsely accuse the president a presidential candidate, i think it's wrong in the american people deserve better. stuart: are you a trump guy? desantis hochul after these cases. >> i support the president he did a great job while president for the american people and at the end of the day the american people want to see him back. stuart: thank you for being with us this morning. we'll see you again. a couple of years ago adam schiff was all over claiming he had proof the trump campaign colluded with russia. that's been completely debunked by the durham report so does anything happen? >> he's elevated and promoted to the senate. stuart: you think? >> he's running for the senate and could be elected to replace diane feinstein when she ret

retires. one of the consequences? where's the investigation? it wasn't just the durham report but also the mueller report that showed no collusion between the trump campaign and russia. fox news digital asked the mainstream media which rolled out the red carpet repeatedly for adam schiff in the russia gate scandal and never offered evidence of the claims he made. we asked the mainstream media, do you have any regrets about repeatedly having him on? they didn't answer but he's going to just get by, no one holding him accountable. stuart: california, it will go for that. >> i think he did his job without any evidence. stuart: exactly. do think the media will ever front up and get into this? >> i know people who watch mainstream media and they still think there are parts of the

russia collusion american that are accurate. if a document unbiased this is completely fabricated, complete lie and some believe in the russia collusion narrative because it was beaten into them for couple of years. they will never come down off their high horse, they will continue this in the american people are now misinformed, major media doesn't apologize and continues in the misinformation. stuart: check those futures, please. got some red ink but it's not that much, downtown 100, nasdaq down 92. opening bell is next. ♪

wednesday morning, a little red ink especially for the dow up 100 for the nasdaq as well. the s&p 500, where is it now? 4137. i understand if you -- if it gets to 4200 and stays there, you think we will see a lot of

promo, fear of missing out? >> markets have held up very well and that in the face of the tenure gone from 340 to 375 with the debt ceiling crisis tobacco in front of investors faces, the market has held up well. we got about 4200 last week, we couldn't hold it, there's a brief interlude for that. we get back up over there and can consolidate above. i think we will see a lot of money and there's a lot of money on the sidelines. most folks have missed the rally and they will come screaming into the market so we could get a fear of missing out rally if we get above 4200 and stay there. stuart: are you beginning to turn? used to be by everything and then became parish. are you getting back in again? >> i am leaning toward a but i don't think we're there yet.

i'd love to see us get above 4200 and a few other things line up but i'm more bullish than bearish because the market has held up so well. talked about this for years, the market tells you what it wants and it looks like it wants to go up. doesn't mean he can't turn on a dime but looks like it wants to go up so to get past the hurdles, i think it will go up. stuart: there's some profit-taking in big tech, not a lot but a little. are you worried about that? does it tell you about the market? big tech must dominate the market. >> that is something that does worry me. maybe ten if you include box have moved the market higher. there's been a lot of fun to flow into those great names and they've done very well. if things turn around, all the prophets in those traits could come quickly and if you were late to the game, he will run for the exits, maybe it some stops so if the stocks alter,

the rally is probably but right now they are holding up pretty well. stuart: i extended my big tech holdings from microsoft, a little bit of google. am i doing the right thing? >> a great company, google and microsoft, it doesn't matter, they are always going to go higher. i love microsoft is much as you do but google is in my by camp and i'm buying lower. if we get a chance to go lower, i'm buying both lower. stuart: on the cups overturned, attitude toward the market. come back soon. thanks so much. the opening bell is ringing in a couple of seconds. i have to say, no idea how we closed. here we go. press that button. the dow is open on the downside, give it a couple of seconds. we are seeing a little bit of

red. we will show you the dow 30 and pick out your stocks. with got -- mixed picture. down 42 as we speak. s&p 500 a little lower, not much. the nasdaq composite also on the downside, .61% so red ink today. how is big tech doing? with got one winner, amazon. i want to know more about netflix. i've admitted it on this program, i use the manassas password. are they coming for me? >> apparently so. freeloaders are coming. [laughter] my mom still pays for my netflix account so we are on different ground. 799 a month if you are not paying for it. netflix says they warned this is

coming from a crack down this spring. 100 million password shares in the world so 46% of to 20 million global netflix scrubbers around the world that don't have the same home or not using it in the same home so this will help drive sales and netflix chairs doubled, one 100% from the low slasher and up almost 20% so far this year so it helps add to the bottom line. stuart: this program, you member dan and the security company, big game after that report, don't tell me, it's all about ai. >> that's what everyone is talking about and ceo, known him for a long time, he was talking about ai transforming the entire software industry in the next year so ai opportunities are not fully understood yet so only the beginning, that means more needs for cybersecurity and several

production in palo alto, not only did they beat of earnings, they beat and raised and rallied by a third this year so transcribe, ai is the ticker symbol so that's probably helped double stock so far this year. stuart: as usual. tell me about meta down a bit but a great run this year. >> are spending big on artificial intelligence so they rolled out ai features for advertisers and supercomputers in the third round of layoffs as part of the second round of 10000 job cuts, 21000 job cuts this year and they are saying layoffs are mostly in the business but that's why the stock doubled far because you're saving on cost trying to drive sales. stuart: 40 cents down. more earnings report to run

through. >> original meme stock, i think it's a short squeeze you are looking at so a surprise profit to start this and reaffirmed guidance this year end the stock is rounding because people are on a bearish negative side. they surprise the market making money, everyone is in buying back. stuart: when i used to go to shopping malls, i used to look at urban outfitters. many years ago. >> for you or the kids? sales and profit came out ahead and that's why the stock, a short squeeze kind of day. another retailer that owns north face making more money, more money to start the year so you have this split rainout and retailers doing well, it seems like younger retail fashion crowd compared to home

improvement obviously not doing great. stuart: young person fashion brigade. >> the money holders report. stuart: into it as in to its? >> i was surprised if your folks were using turbotax this year end it's strange because the start of the year should be the strongest quarter of the year for this type of company so they said profit did do better but sales fell short and outlook is disappointing. stuart: why are fewer people using it? >> there's other software. stuart: park west, they might have sold the real estate. that's good. >> what are we up so far? up by a third so pack west trying to shore up cash and deposits, case people want to take money and lay off bankers

so they are offloading more loan books, selling real estate lending arm to 360 on top of offloading the real estate construction loan book 2.6 billion so sure up cash to make sure they have the money to pay out in case people say take out cash deposits. stuart: you are our ev so to speak, they didn't do well. >> they did not and i think it's a broader theme of china because you're talking about the declines broadly on wall street because china is expecting a second wave of covid infections and why chinese shares killed her gains for this year. back to flat. i think it's weighing on them right now. the tesla china competitor, they had earnings but more importantly they expect guidance for the rest of this year.

ceo talking about confidence the second wave of infections shutting down businesses. stuart: thus the way, second wave of in sections. are they looking down? >> that's the question because if they do, they will buy less iphones, less tesla's despite the fact that you have tesla up 40% this year. stuart: that's a big story. >> and we have nothing get on the debt ceiling. stuart: all right, thanks. we told you about unhinged professor living out on pro-life students at hunter college, throwing papers to threatening new york post with a machete. will tape. >> let's get out of here. you can't do that. stuart: hunter college by the professor, doesn't mean she's done teaching?

voters governor desantis jumping into the race today but florida congressman byron donald backing trump. that congressman next. ♪

♪ stuart: governor desantis going to launch his campaign tonight, it will be announced on twitter, a conversation with elon musk. mark meredith in miami. it is desantis going to meet down there four seasons in wyoming before the twitter event? >> i believe fundraisers can be having after and will continue into tomorrow. we are not staying at the four seasons, good morning to you in

miami. we are watching political maneuvering chatter building for months but the governor will make it official he's running the white house. the 44-year-old is in his second term as florida's governor. before he reached the governor's manchin representing daytona beach area he became castle thing republican politics because of the covered pandemic. he took great steps push back against mask mandate and make sure schools and businesses reopen faster than the other states. the governor talks about those decisions expect to talk more on the trail. >> the test of leadership if you're willing to stand firm one is not easy to do so. you have intense criticism, they are coming after you and sometimes you have to stand alone and we had to during the covid-19 pandemic.

>> polls have been showing desantis in a solid second place among gop primary voters even before his announcement. he's been behind for president trump. trump and desantis are expected to engage in a bitter battle for primary voters and trump no holding back calling him disloyal. we are hearing from the pack trying to raise money for the president. desantis bulging on twitter, one of the most out of touch campaign launches in modern history. the only thing less relatable is desantis after party at the who were elite four seasons resort in miami. desantis will face pushback from democrats because he's had quite a bit on all sorts of issues including education, and covid vaccine mandates we will talk so much about. he talked about four seasons private event, that will be with donors and expect paperwork to be filed on the same time. he would talk about his bit but

expect the real a lot to begin, the trip to iowa and new hampshire, a few days away but make no doubt about it, the campaign is getting started. stuart: thanks very much indeed. byron donald, republican from florida joins me know. it's been too long. >> it's been too long, i'm going to back. stuart: side-by-side with a powerful guy. i think it's a political coup for desantis nothing is going to help them. i know you are with trump, what do you say? >> he's going to have to launch it, it's happening tonight. elon musk, it's a big deal but a long way to go in the process. the governor has a lot of ground to make the one thing is clear, a spirited primary, republicans proving they like this thing called democracy great we are engaging debate and it's a far cry from what the b and c and

joe biden are doing. they're not letting joe biden debate is democrat opponents so this always wrote lecturing republicans about democracy doesn't believe in it. stuart: right now we are going to enter into desantis versus trump debate. do think this is the debate america needs? >> i think it's going to be more than just trump versus desantis. you have now seven, eight people and dollars thinking about wanting to get in. i know people are looking at the polls right now but these races takes on lives of their own and everybody running, they have something credible they bring to the table but at the end of the day they got to play major catch up with the 45th president of the united states because donald trump has a huge lead. in terms of the debate, our country does want to hear this because we are dealing with the president and joe biden who doesn't talk to anybody, doesn't

engage with media. you don't have an idea what's going on in his mind if anything in their idle so was important to hear from people buying for the white house about what they want to do it it's a good thing for the country. stuart: senator rick scott responding to the naacp's travel advisory. i'm going to quote this, florida opening toward socialism communist and those that enable them before traveling to flo florida, understand the state of florida devalues and marginalizes the contribution and challenges faced by socialists and others who work in the biden administration. your black man living in florida, have you come across any hostility of the naacp's talks? >> no. this conversation is to give us, naacp treatment is stupid. i don't know why they thought it would be a winning issue especially considering

third-largest population of black people in any state happens to be in florida. floridians especially starting businesses and their kids are driving in our schools and able to live their lives from government overreach. if there's anything for should be concerned about, it's conditions in portland, oregon or los angeles or chicago, illinois or new york city, they should be concerned about that and implications on black kids and implications and safety and security. maybe naacp should focus on that but in florida is a reason people keep coming, we know how to run a state and people are free to live their lives. stuart: one more, cohost of the view says tim scott doesn't understand systemic racism. >> one of these guys who like claire thomas, black republican believes in pulling yourself up

by the bootstraps rather than understanding systemic racism african americans face in this country and other minorities. he doesn't get it, neither does clarence and that's why they are republicans. stuart: would you like to respond to that? >> she doesn't understand she's a buffoon, she's paid to spew these things. nobody pays attention to anything she believes or talks about an sounds good on the upper west side but the rest of america looks at her and says she's ridiculous. under even know why her opinions carry the level of weight they do. they really don't but it's a ridiculous opinion, she's never walked today in his shoes or my shoes or any other black person in america so she needs to sit down and stay in her lane and tell some jokes. stuart: great to have you back. [laughter] thank you very much, appreciate it. target held emergency meetings

with backlash to this lgbtq plus kid friendly clothing. it was put right in the front of stores in the south and then moved to the back. the book battle seems to be heating up. house oversight committee cost administration's push assault on americans. more on the government overreach right after this. ♪

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disturbing trend is materializing as this will be the second time in a week biden administration officials failed to appear before the subcommittee. the biden administration's unwilling to explain their policy decisions to congress and the american people is deeply concerning and speaks volumes read we are told a couple of epa officials decline invitations to a separate hearing to discuss a new proposal targeting gas powered vehicles that issue today as you mentioned, gas stoves about half a help desk goes on the market right now out of compliance with dot regulations put into place. some were public and lawmakers estimate the number could actually be as high as 90% of those currently here's a preview from the witnesses who will to speak out against the proposal. >> i'm going to say let

consumers decide. a man's home is his castle, woman's home as her counsel, they should be the ones deciding what appliances they should choose for the homes. the government should not be skewing that decision one direction or another. >> we did reach out to the department of energy to ask why these officials declined the invitation to appear before the subcommittee today and we have not heard back. stuart: why am i not surprised? thank you very much. good man. still ahead, spokeswoman carolyn on desantis announcement tonight. i think it's a political coup for desantis. kennedy takes on targets woke battle and judge jeanine hero has a new book crimes against america. i wonder if she includes with the fbi has been up to. 10:00 hour is next. ♪

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