♪ welcome back back. ♪ welcome back, welcome back, welcome back ♪ stuart: okay, welcome back, yes, yes. folks, it is really nice to be back. i had a great two weeks away. the weather was fantastic, and all is well. it's 10:00 eastern, we better get straight to the money. i see green. dow's up 90, nasdaq up # 5. the 10-year treasury yield, not much different from what it was two weeks ago before i left. we have the yield at 3.78%, on the way up this morning but not by much. the price of oil,st there's a story the, on the way down despite the saudis looking for production cuts in oil. the price of crude oil is down 3.3%, all the way back to $can

67 a barrel. maybe we'll get some cheap gas out of this. bitcoin, $25,000 per coin, 25,7, to be precise. that that's markets on a monday morning. now this. donald trump indicted. he appears in court this miami tomorrow. this is overreach. a desperate attempt to interfere in an election that the democrats know is not going their way. it is also an example of trump hate red. hatred. these people will bring anything to bring concern will do anything to bring if him down. none of the charges in the indictment suggested he sold information to a foreign power or betrayed secrets to an enemy, no. he's charged with holding on to national defense information, showing some of it to unvetted quests and scheming to conceal what he's done. that is clearly irresponsible, but it does not, in hi p does not rise to the level of a crime that warrants the imprisonment

of a former president. especially since the charges are against biden's main rival. imprison fromming your opponent is par for the course elsewhere, but here? come on, that's overreach. two reasons for this. first, biden's re-election campaign is not going well. he needs a boost. he's desperate. so accuse your opponent of espionage and ignore allegations of bribery in your own fam ily -- family. second, trump hatred, this is serious. on the left it is almost tangible. the haters went after him the day he launched his first presidential bid. hay kept it up through the russia hoax and impeachment and now it's an indictment under the 1917 espionage act. this isn't just overreach, it's overkill. it's come to this: an 80-year-old president with an incompetent vice president wants us to believe that donald trump is a threat to the country. wrong. the real threat comes from a future president harris. second hour of "varney" just getting started. ♪

♪ stuart: jason chaffetz with me this monday morning, sitting right next to me in new york city, no less. is this indictment big enough to justify indict -- i mean, are the charges big enough to i justify indicting a former president and maybe putting him in prison? >> no, absolutely not. a civil case, yes, perhaps, perhaps. the espionage act? he didn't alter the documents, sell the documents, he didn't give them to our adversaries. this has nothing to do with the espionage act. i think it has everything to do with the election. the timing of this this is absolutely -- hours, it comes hours after, when they were looking at the allegations from a credible source in the oversight committee of joe biden committing bribery, for goodness sake, and taking public policy

in exchange for money. why isn't that the headline story? because that's what the whistleblowers are saying. stuart: do you think it just raises trump's support level? >> i think it's the american way when somebody's being picked on unfairly are, america rallies behind that person. whether it's a 6-year-old kid at a baseball game or it's the president of the united states or the former president of the united states. if they're doing it unfairly, america rallies behind them. that's what we're seeing in the republican party, and i think that'll happen with donald trump. stuart: this is why i raised the issue of trump hatred. i've never seen anything like it. >> derangement syndrome, but you're right, the biggest threat is kamala harris because, oh, my goodness, she is not9 the right candidate at the right time, i tell you that. stuart: you think she is the biggest threat to america? i'm not going overboard? >> she is supposedly the future of the party. look, it's not so much, i don't think, the age of joe biden as

his cognitive decline. i mean, you can watch it every day whenever he makes a public appearance if he makes a public appearance. he can't debate, he can't communicate, he's obviously confused about where he is. he can't even get on and off stage smoothly. stuart: true. i want to go back to what you were just saying, trump says there is a specific reason the indictment came down on thursday. watch this. >> it's no coincidence they indicted me the very same day that it was revealed that the fbi i'd explosive evidence that joe biden took a $5 million illegal bribe from ukraine. next, hunter will probably be charged with some very minor offense so that the fbi and doj can pretend that they're fair. stuart: just a crazy situation. >> hours? hours after, are you kidding me? they released this literally hours after the full oversight committee is able to look at these. i think, i think donald trump is absolutely right. he's been right on pretty much everything -- stuart: he has.

we've never seen thinking like this before. we have a former president who is the principal opponent of the current president indicted on espy name -- espionage charges, still going into an election in 2024. this is crazy. >> yeah. and jack smith, the prosecutor who who went before the cameras, if you listen to what he said and put the words hillary clinton next to it, that's what they should have said about hillary clinton, but they didn't. they have a different standard when it comes to donald trump. stuart: i never thought of that. i would have got that in my editorial. jason, say there, please, with me for the hour. emily's list, one of the nation's most powerful political groups, they're going to the invest millions of dollars ahead of the 2024 election. lauren, where's the money going? i'm pretty sure it's not going to biden. who gets the money? lauren: kamala harris. stuart: you're kidding me? lauren: sorry. i didn't mean to choke on purpose. you're saying you're kidding me

because we should know who she is, she's been in office, she's introduced to the american public x. now emily's list is acknowledging she needs somewhat of a makeover so people get to know her more and like her more and maybe deem her as being more effective than joe biden. critics, whether their -- they're democrats or republicans, a scare tactic because of biden's age you get president harris, and that's why they're pouring at least $10 million to boost kamala harris ahead of 2024. if you don't believe me, a recent monmouth university poll i puts harris' approval rating at 37%. stuart: oak. $10 million, wonder if that'll do any good -- >> they're going to need a lot more than $10 million. lauren: yeah. stuart: i think so. let's get back to the markets. jeff sica, as usual, joins us on a monday morning. i always read jeff's stuff because it's very are well written, and it goes straight to the point. i want this question: why do you say now is the time to sell into

this rally? >> because i can't stop thinking about the year 2000. 23 years ago, this market is the identical twin to the dot.com bust. stuart: nah. >> here you have -- yes. you know, what i see, you know, i have a dog that i really love. she has really bad breath. the market, this market breath is a lot worse than my dog's breath. [laughter] stuart: get out of here. wait a minute, i was there. i was there in 2000. i was reporting on the market in the collapse of the dot.coms. what's the similarity with today? where's the parallel? >> here you have seven stocks. take apple, for example. apple now has a market cap that's bigger than the entire russell 2000 and greater than the gdps of countries like australia, canada, south korea. so these companies have gotten so big that they are dominating

the a.i. revolution is upon us, and money is plowing into these companies. if that's why there's a lot of people who are look at the headlines, here we are in this great new bull market, and the only people who are really happy are the people who threw out the whole concept of diversification and own those seven a.i.-focused stocks. stuart: well, i do. >> well, you're happy though. that explains the tan and why you're so happy. [laughter] stuart: a little sun recently. you really think i should sell microsoft and alphabet? >> no, you shouldn't. you shouldn't sell microsoft and alphabet because money is still piling into them. now we're in the middle of the, the pivot. the fed is going to most likely raise interest rates this week. there's, the economy is cooling, so you are going to have some momentum upside. but keep in mind in those years, those dreaded years, we had a lot of 23 to 44% rallies,

actually four of them, before the nasdaq corrected 70%. so you have to keep, you have to keep reined and be ready to selo sell because it's going to enugly. stuart: that doesn't make me feel very good on a monday morning. you really think there's a big, big selloff coming in big tech the, really? >> i really do. i just can't, you can't take where you have 70% of the s&p is controlled by 7 companies. what's going to ultimately happen is either this market is going to to broaden and get healthy, or there's going to be selling. because we can't ignore the fact that inflation -- although we're going to see a cooling with the consumer price index, that inflation is still very real. and, stuart, the debt, the credit card department is at a historic high. -- credit card debt. you have people that are borrowing to pay for

necessities. that is not a good position to be in. so the market can carry this for so long and soon enough there's going to be a reckoning. stuart: all right -- >> welcome back from vacation. stuart: it's great to be back. jeff, thank you very much, indeed, sir. lauren's looking at the mover, and there is a mover called microsoft. lauer lauren so the department of justice says microsoft has agreed to pay $20 million, a civil penalty, for alleged violations of children's privacy laws. basically for collecting and retaining personal data on kids under the age of 13 when they used xbox live. stuart: next case is xpeng. lauren: presales of their g6 suv took 25,000 preorders in 72 hours. the market likes it, stock's up 13%. stuart: the cruise lines. lauren: we've got news. stuart: we're back to cruise lines. people like them, they're going up. lauren: 13 gain. you like cruises, jason? >> week after next going to

italy and croatia on carnival. stuart: really. >> this. >> oh, yeah. i like it. lauren: demand, thank you the, jason, is strong. people are pending a a lot onboard. upgrading carnival to a buy. stuart: okay. twitter is planning to start sharing advertising revenue with verified creators. lauren: the blue check mark. stuart: okay, that's it. explain, please. lauren: i'll try. if you are a verified user, you have to get an advertiser to show an ad in ponce to conning tent you -- in response to the content you posted. twitter is going to allot $5 million to pay these content creators. a monetization push by twitter. advertisers largely left the platform at the end of last year after elon took the fit over. now the ceo, linda yak arena, she's been in charge not too long and already has this plan this place. i also want to tell you

something about the financial times is reporting. elon musk has refused to pay twitter's rent and the other than of the property has sued twitter and defaulted on its loan are, that's leaving goldman sachs exposed to commercial loans gone bad. so i got all that in. stuart: you got it all in, and i think i understand most of it. lauren, thank you. goldman sachs has lored the the odds of the -- lowered the odds of a recession. just 25%, that's the threat, they say. has the threat actually receded? stephen moore takes that on shortly. california governor gavin newsom claims governor ron desantis' flights are worse than president biden's. >> this is a stunt, it's kind of pathetic. >> will you require the same standard to joe biden? >> they're coordinated, there's a different spirit. stuart: a different spirit? we'll try to explain that one for you. billionaire george soros passing the torch to his son alex, and alex says he plans to be more political than his

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that's 1-800-217-3217. stuart: billionaire george sor is process is handing the reins of his $25 billion empire to his son, alex. kelly to o'grady joins me. kelly, alex or soros sat down for his first interview since taking over. tell me what he's saying. >> reporter: well, stuart, he says he's going to be more

political than his father, and he plans to expand the family's liberal giving efforts, if you will. that's a tall the order given his father's reputation. for some context, alex will chair the open society foundation, a nonprofit directing roughly a billion and a half toward democratic causes and institutions. his father george also ran a superpac that traditionally backed d.a.s and law enforcement that pushed bail reform. it sounds like we can expect more of the same. alex said: i'm more political, as much as i would love to get money out of politics, as long as the other side is doing it, we will have to do it too. now, that's a curious statement given a that alex has already poured over $5.7 million in -- since to 2018 into democratic pac ifs and campaigns, and he plans to the to add a few causes to the list his family supports including gender equity, abortion and voting rights. unlike his father, though, who kept a relatively low social profile, alex is known to flaunt his connections.

countless pictures on social media with world leaders, democratic a mainstays, the president, the vp, nancy pelosi, and it also appears he has his own direct line to the biden white house. he met with top pennsylvania avenue officials at least a dozen times between october of '21 and february of this year, so it sounds like more of the same though perhaps an even more intense focus on political causes. and i'll leave you with this, stuart, alex has shared a potential trump win is concerning in the 2024 election, so we could see potentially significant financial role for the soros organization in that race as well. i'll send it back to you. stuart: stephen moore with me now. let's address subject, stephen. what does the takeover of alex soros, what does that mean for our political life in america going forward? >> good to have you back. it's good to see you, again. and so i have to say this, that, you know, those numbers you were showing on the screen about the direct giving by the soros foundation and george soros,

they understate how much he's been spending by a lot. and i think, stuart, you're looking at maybe 10-100 times more of that when you look at all of the entities he has control over. there's no question that in the 2020 the election george soros' money had a huge impact on the outcome of that election. and so the question becomes when you, if i heard what he's saying correctly, he's going to spend even more now. alex is going to even spend more money on politics. as a conservative republican, i find that to be very troubling. and then the question is, where is the, where is the george soros on the right to counteract all of that money. stuart: good question. i don't see that person on the horizon at moment. not with that kind of money anyway. >> yeah. stuart: change the subject, talk about the economy. goldman sachs has lowered the odds of a recession to just 25%. do you agree we that, stephen? has the threat actually receded?

>> time to get nervous if goldman sachs says now we don't have to worry about a recession, they've been so wrong. remember just a few months ago, didn't i think say something like 60-70% chances of a recession? and so, look, i don't put any credence in what some of these economists on wall street say. i don't want to offend you on that, stuart, but some of these guys have the picture so wrong. [laughter] look, i'm not going to say we're going into version. remember, at the beginning of this year you had a preponderance of these wall street economists saying we're heading into recession, it didn't happen. i would describe the economy right now as just a rut. we're in a rut. over the last six quarters, we've grown by about, just barely over 1%, stuart. now, that that's a not -- not a recession, it's just anemic growth. and i think you can probably expect more of that in the months ahead, but i'm not going to predict a recession right now. consumers are still spending a lot of money, stuart. it's unbelievable. i don't know where they're getting the money. but with you can't borrow your

way to prosperity, and that's my big concern. this year alone, stuart, the federal deficit may come in at $2 trillion. stuart: that's stunning, $2 trillion. >> yeah. stuart: deficit. >> in one year. stuart: in just one year. are we heading towards a debt crisis of some sort? >> i believe so. i believe that if we don't do anything -- and, look, the debt deal that was, you know, negotiated a couple weeks ago is a band-aid on a cancer patient. you have so much more work to do to, number one, cut back on spending but, number two, stuart, you need growth. you need to get -- we should be growing at 3-4%. you do that, you're going to get hundreds of billions of dollars more revenue. i'm sounding like larry kudlow right now, but i think he's got it right on this. stuart: $2 trillion in deficit, that is a stunner if ever i heard one. stephen moore, see you again soon. >> okay, sir. stuart: the pga tour giving more

insight into their merger with liv golf. lauren: is this the first time you're responding on air to this, to this deal, pga and liv? stuart: yes, it is. lauren: let's do it. commissioner jay monaghan says the pga tour couldn't afford to keep fighting liv golf backed by the sovereign wealth fund of the saudis. so pga spent so much money, tens of millions of dollars in the legal fight, and a reported $100 million on its own purchase -- purses to keep the players from defecting. so they -- i don't know, do you want to say they sell out? they agree to the deal with liv, but it might have been liv's plan all along knowing they could push pga when it came to its pocketbook because they couldn't afford to keep fighting. i think it feels hypocritical to a lot of people, right? in the beginning, if you defected, you were called a tray or to have. pga was good, hiv was bad, and now they're one of the same and you just have to agree --

stuart: i it's a huge win for the saudis. they just bought golf, and it's a huge loss for president biden who who called saudi arabia a pariah. you with me on this? >> and donald trump foreshadowed more than a year ago that they would ultimately merge. the other erie mcilroys of the world have got to figure out, hey, what about us? tiger woods got screwed out of, i don't know, a billion plus dollars. lauren: yeah. >> look, i love golf. i think competition's good, and i like liv, and i like the pga. i just want 'em to keep plague, so -- stuart: stunning move. all right, jason, thank you. now this, gavin newsom sort of defended president biden's mental fitness, but he refused to say whether or not he'll jump in the 2024 race. roll tape. >> do you think he's cognitively strong enough to be -- >> i have conversations with him all the time the, yes. >> how many times does your phone ping a day, people saying you need to get in this this race? they agree with me that he's not up to the job? >> i'm not answering.

stuart: i'm not answering. okay, we got that one. newsom has not declared for the presidency yet, but he's making all the right moves. more on that later in the show. the white house commitments china used cuba to to spy on the u.s. after denying a report for days. kt mcfar lan on the growing threat from china, next. ♪ ♪

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your investment possibilities with nighthawk are endless. think beyond. stuart: one hour's worth of business, the dow's up 50, nasdaq's up 70, s&p up 10. lauren's back. you're looking at the movers. i want to start with tesla. lauren: can't ignore the it. stuart: it's just been going straight up. lauren: 12 days, if you're counting. if it closes higher today, had be a record winning streak. the stock's up 35% in the past 12 days. that's incredible. 12 days at 35 if. it went from 182 to 247. stuart: this 12 days? lauren: yes. [laughter] stuart: where have i been? lauren: you keep asking me, making me doubt myself. [laughter] laugh i just checked the number. stuart: stunning to me. general motors, what's with them? lauren: they're investing another $6390 million to produco

produce pickup trucks and suvs in indiana, the ones you put gasoline into, not evs. why are they investing more money this traditional cars and trucks? because that's where the market is. that's how they make their money, and they say they can use that revenue to fuel their green dreams. stuart: okay. lauren: and make the transition. stuart: advanced micro devices. lauren: web bush takes the price target to $145 from $95. they say amd is the closest competitor to the nvidia in a.i. hardware, can that could extend the stock's rally. powerful words. stuart: yeah. use that word, a.i., up you go. thanks, lauren. china has a spy shop in cuba, 90 miles off the coast of florida. lydia hu joins us. the white house initially denied this report. what are they saying now? >> reporter: hey there, stuart. over the weekend the biden administration now confirming

that china has had govern going spying efforts in cuba since 2019. as you referenced as follows, the national security council spokesperson john kirby's denial of this report saying that the "wall street journal" report was not accurate. china, for its part, also denies that it has set up a base in cuba, but according to "the wall street journal" an eavesdropping facility in cuba, quote, would allow chinese intelligence with services to scoop up electronic communications throughout the southeastern u.s. where many military bases are located and monitor u.s. ship traffic. >> well, this was completely foreseeable. i said on july 11th when you saw the spontaneous protests in cuba that the united states had to act decisively. this is another biden failure and another consequence of no coherent policy in our hemisphere. to deal with the rise of socialism. and now cuba, that went there an ideological threat, has become a national security threat.

>> reporter: china's reported presence in cuba is not the only allege effort to spy on the u.s. lawmakers have a accused social media app tiktok of gathering and storing user data in china. microsoft has warned chinese hackers compromised americans' cyber infrastructure as china reportedly operates covert overseas police stations around the world. and the nation stands accused of infiltrating american colleges and universities. >> this biden administration's been asleep at the wheel since the beginning. i mean, from the fall of afghanistan to the rise in inflation, from spy balloons to spy outposts both in cuba and in cities around america. i see it each and every single day in house foreign affairs, and we need to make sure that in congress we hold this administration accountable to put the american people first. this administration's putting china first. >> reporter: and now secretary of state antony blinken is planning to travel to china as

early as this week for meetings with chinese officials. that meeting was postponed, originally planned for february but postponed after the i chinese spy balloon incident. stuart: it was a long postponement. thanks so much is, lydia. kt mcfarland with us. the white house claims this deal has been around since 2019. okay, what should we do about it? >> okay, so so this is the pattern, they cothis with the spy balloons, with the police stations on american, you know, in american cities. first they say, well, it really isn't there, it's a lie are. then the next thing, oh, it's all donald trump's fault. it happened during the trump administration. the next day, well, it doesn't matter anyway, they're not gatt gathering any intelligence, not anything to see here, move along. that's what they're doing. but what's upsetting is that is anybody connecting the dots? is think about going to wake up? i mean, militarily what is china doing? big, huge military buildup. the chairman of the joint chiefs

of staff last week gave a speech, said is, well, china is now a rich country, of course it's going to build up a big military without any sense of what a's the american plan in response to this. no response. the chinese have controlled both sides of the panama canal now, the chinese have the the spy stuff. the chinese are gathering up massive amounts of data on americans in order to fuel their artificial intelligence platforms going forward. none of this stuff is waking up the biden administration, and yet a lot of people like me are having alarm bells going off all over the place. stuart: let's go to another continent, let's go to europe. the war in ukraine. the spring offensive has begun, and the next six weeks, i think they're going to be crucial for ukraine. it's important for them to get off to a strong start, isn't it? zelenskyy and his army? >> yeah. they've gotten off to a late start, and it's not going quite as well as they had hoped. you know, even leaked documents from the pentagon says that the

pentagon doesn't think this spring offensive is going to be that successful. right now we're paying for both sides of the ukraine war. on one side we're giving ukraine all the equipment, president biden said we'll give you what you need as long as you need it, but on the other side we're paying for the russians because of biden's war on american fossil fuels. energy prices are artificially high. that makes russia artificially rich, can and russia uses all that money to buy equipment and pay for its side of the war. so, you know, until we decide we want to win the war by bankrupting russia, by cutting off russia's access to high-priced oil, by driving the price of oil and natural gas down, this war goes on forever. stuart: okay. i mean, is a ceasefire -- if the spring offensive is just not going well, can we expect some kind of move towards a ceasefire at some point if everybody's bogged down? >> i mean, you would hope. but if the biden administration

and the ukrainians want to keep fighting and we keep giving them the stuff to fight, they'll to continue to fight. if we continue continue to have high oil and natural gas prices, the russians continue to fight. nobody wants to settle. ultimately, if we can push russia to the table because we bankrupt them because of what i said about restarting the american energy industry, then russia has to settle and then we can encourage ukraine to settle, ask and then you have a settled deal. and then ukraine -- maybe it can't win the war, but it could win the peace. because after the fighting stop, the world is going to rush in to invest in ukraine. meanwhile, russia bankrupt, nobody's rushing in to do anything for russia. stuart: that's true. kt, thank you very much, indeed. see you again real soon. >> thank you. stuart: california governor's gavin newsom sat down for an interview with sean hannity. give us a preview. what's he saying about the migrant flights by desantis? lauren: so governor newsom concedes that president biden's migrant flights are not perfect, often at small airports in the

middle of the night. it feels like, surprise. but he says, no, no, they're coordinatedded and they're in good spirit. he says that's opposite of what governor ron desantis is doing. watch here. >> this is a stunt, it's embarrassing. pathetic. >> i disagree. >> a stunt. >> i think he did the right thing. his state's not a sanctuary state -- >> joe biden just wanted to help people. >> will you apply the same standard to joe biden? >> coordination. >> landing at 3:30 in the morning at westchester airport. not laguardia, not kennedy, westchester. you know why? because they're sneaking them this -- >> the not perfect but they're coordinated. there's a different spirit, there's a different level of engagement, it's as different as daylight and darkness. >> isn't joe biden dumping people this florida if and all these other state something is. >> he doesn't dump anybody -- >> what's the difference between what joe is doing and desantis is doing. >> manipulation. lauren: hannity,9 p.m.

eastern -- 9 p.m. eastern on the fox news channel. stuart: jason chaffetz, fortunately, is hanging on with us this morning. >> i thought it was interesting, the choice of words that governor newsom said, light and dark. the biden administration's the one that's been doing this in the middle of the night, and we're talking about ron desantis, we're talking dozens of people here with a problem which is registered by the millions. it is politically convenient, and here's my prediction -- i've said this before on your show -- i don't think joe biden is on the ticket by then end of this calendar year. i think gavin newsom is just biting at it to get there. he wouldn't do an interview with sean hannity, which is a tough interview, unless he thought he had a chance. he's smart politically, if i go in and and talk to the hannity audience, i tell you what, that is a savvy democratic move, and he's about the only one that could actually pull it off. do you think kamala harris or joe biden could do that? no way. stuart: do you think gavin new. >> could ever be the president of united states of america?

>> i think he has a better shot at some of -- than some of those other ones do. i don't like it, i don't want that, but i think democrats will say who can go toe to toe9 with the republicans, and this is what he's doing to show that base of democrats that he's willing to engage in the fight and push back. stuart: got it. i agree with you, by the way, that the president will not be on the ticket by the end of this year. i don't think he lasts. >> there you go. stuart: jason, thank you. donald trump faces 37 charges in the classified dock units case. look -- documents case. looks to he the administration thinks they can get trump out of the election, but support or for trump has only grown. his poll numbers have gone up again. more on that next. ♪ ♪ -- fight to just -- just to keep them alive. ♪ it's the eye of the tiger, it's the thrill of the fight. ♪ rising up to the challenge of our rivals ♪ ♪

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stuart: former president trump will appear in federal count in miami tomorrow. he faceses 37 charges in the classified documents case. nate foy is there. he's joining me now. nate, what's this about a pocket pardon? >> reporter: well, stuart, good morning to you. st the -- it's a theory that maybe president trump pardonedded himself preemptively in office, there's also speculation if-he were to win next year, he could pardon himself 'em again. to bolster his defense, the former president is meeting with lawyers and discussing a new florida-based legal team and strategy. this comes after a busy weekend on the campaign trail. take a look at this video, he made speeches at the gop conventions in georgia and north carolina.

he called the allegation as against him baseless and ridiculous. the 37 felony counts that he's facing. he referred to the indictment as election interference, and and late last night on truth social, take a look at this, trump wrote, quote: hard to believe that the leading candidate by far of the opposition party got indicted. this is strictly third world. make america great again. federal prosecutors say trump was personally involved in moving classified information from the white house to mar-a-lago. prosecutors say he misled investigators. and on two occasions, showed people without security clearnesses sensitive -- clearances sensitive defense information. trump claims the indictment is actually helping his 2024 campaign. you mentioned his polls are up, his fund raising numbers are also up. but remember, we saw a similar when trump was indicted in new york back in april. now, back out here live as for the former president's schedule, his arraignment in miami federal court is at 3 p.m. tomorrow. after that he'll come back here

to bed minister where he'll make a speech before the american people at 8:15 tomorrow night, and then wednesday is his 77th birthday. back to you. stuart: wednesday, 77. i didn't know that. all right, nate foy, thank you very much, indeed. chris. >> weaker is a former fbi assistant director, and he joins me now. chris, please, contrast what happened with trump to what happened with hillary. why is trump on the hook and hillary never was? >> yeah, that's a good question. that is the case we really need to compare to versus joe biden. joe biden has some issue, i think he's guilty of gross negligence. but in this case they went after trump with, you know, a very proactive, fast-paced investigation that had a seasons of urgency to it. -- sense of urgency. they scorched the earth and brought this indictment forward. it's a loaded-up indictment. all those counts. basically based on one core set of facts. but when you compare it to the

hillary clinton case, you see a very genteel, laidback investigation. you see at every juncture when evidence needed to be obtained for the prosecution or for the investigative team, they deferred to the hillary clinton legal team as to whether they would give it to them or not. they didn't use search warrants or grand jury subpoenas. they asked for it, and hillary clinton's legal team said, hey, we'll give you what we think is relevant out of these 30,000 e-mails. and then there were other peripheral players there who hillary clinton corresponded with, they didn't even go after those e-mails. they debated it and decided not to. then they had the young man who used the bleach bipt and lied about it and wiped one server clean, and they decided not to prosecute him because he was a minor player. i mean, we could go on and on, stuart. it's incredible how hands off the hillary clinton case was versus this very aggressive, thorough investigation on president trump. stuart: do you believe that the

charges as laid are on donald trump are serious enough to warrant his imprisonment if found billion? >> so i'm going to put my former prosecutor hat on. i was an agent as well as a prosecutor at different times, and i will say that this indictment is a very serious indictment. he's in some deep trouble here. his lawyers are going to have their work cut out for them. does it warrant imprisonment? i don't think so. i don't think the charges should have been brought at all using what we call prosecutorial discretion. that means that even if you have some evidence of a technical violation like this, this is not espionage that that he's accused of. stuart: right. >> he's accused of mishandling documents and then covering it up. i it's a very serious charge, especially the covering up part of it. but i don't think, you know, i don't think it needed to be brought forward. they're going to have to do something about joe biden's case, because he possessed those documents, he's guilty of gross negligence in possessing those

documents. i don't care if he gave them back when they were asked for, there's still a case of, a parity there -- stuart: sorry, chris, i'm out of time. coming up against a a hard break. thanks very much for joining us this morning. we do appreciate it, sir. more "varney" 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 on purchases of $5,000 or more... plus unlimited 2% cash back on all other purchases! and with greater spending potential, sam can keep making smart ideas... ...a brilliant reality! the ink business premier card from chase for business. make more of what's yours. your best defense against erosion and cavities is strong enamel- nothing beats it. new pronamel active shield actively shields the enamel to defend against erosion and cavities. i think that this product is a gamechanger for my patients- it really works.

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♪ ♪ stuart: take a look at this next video. here it is. it was shot by my next guest who says that the homelessness crisis in austin has -- that's austin, texas, has spiraled out of control. jamie if hammonds is documenting the hemless crisis in austin and joins me now. -- homeless crisis. why is this happening in austin, texas? we're used to hearing about it from san francisco and los angeles, but this is new. why. >>? >> well, it has a lot to do with how our city is handling this. they have a housing-first approach, and when they're using a housing-first approach, there's no access to services, and these folks end end up back on the street within no time, and the population's just exploding because of that. it's a big problem. stuart: but i understand the population of austin has actually increased 1.5% just this calendar year, 2023. >> yes. stuart: that's unone of the

reasons for rising homelessness, surely. >> yeah, it is, it is. the population here in austin is just exploding right now. we just had the count, the point in time count that echo handles. they're estimating about 4500 homeless folks on the street right now. but, you know, i'm out on the streets with these people every day, and we're estimating it's closer to between 6500-7000. so, yeah, it has a lot to do with the population increase. homeless folks, when you talk to them, they're coming here specifically because it is easy to be homeless here. there's so many, you know, organizations that does outreach, that gives food, gives money. so, yeah, or it has a lot to do with the population increase, for sure. stuart: i've got 30 seconds. how do you see this going? where are we going to from here? >> it's the not going anywhere good if we cannot get away from this housing-first approach and get these folks into more services and start treating the

root causes of homelessness. this issue, it's boiling over at this point now, and it's just going to continue to get worse. and i'm afraid to see where it's headed, for sure. stuart: bad news, indeed, from austin, texas, of all places. with we never expected that. jamie hammonds, thank you very much for joining us, we appreciate the video. >> thanks for having me on, i appreciate it. stuart: sure thing. thank you to jason for being with he for the entire hour. >> thank you. i always love doing it. it flies by. stuart: thanks very much, indeed. oh, one moment, please. he's got a book. there it is. the puppeteers. the top line i says the people who control the people who control america. push and pulling strings for the puppeteers. >> yeah. if you think it's joe biden and kamala harris, you're sorely mistaken. biggest revelation, state treasurers controlling $2.5 trillion, the democrats -- and they'll tell you it doesn't matter who you elect, we're going to the implement esg, dei.

that was stunning. george soros, alex soros, they're all listed in here. brian deese from blackrock -- it's good. stuart: i'll read it. >> thank you, i'd be honored. stuart: jason, appreciate it. there will be more "varney" after this, and the people on your screen will appear in the 11:00 hour. ...

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