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tv   Varney Company  FOX Business  June 23, 2023 9:00am-10:00am EDT

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you could call it better failure by design. they have cutoff the hand to preserve the body and body appearing to have latched itself on to the oval office with the business dealings of hunter biden and what his father knew and when he knew it, as he sits quite literally to his side, crafting business dealings for himself at the expense of the american people. maria: yeah, it's pretty extraordinary that damming what'sapp message from hunter biden to the chinese executive tied to the ccp says it all. i want to thank you, gentlemen this morning for being with me joe pinion and chris markowski, great to be you i'll see everybody at 7:00 p.m. eastern have a great weekend everybody i'll see you live on "sunday morning futures", over on the fox news channel. "varney" & company picks it up from here. stu take it away. stuart: good morning, maria, good morning, everyone. i was watching coverage of the state dinner for india's prime minister. it was a glittering and
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successful event, and then up popped hunter biden. the president had invited him. just hours earlier, the republicans had shown proof of financial and political corruption involving the bidens, hunter and joe. the president seemed determined to ignore a growing scandal. you're going to see a message from hunter threatening a foreign businessman. he kept saying "my father is sitting next to me." republicans in the house say the biden family brought in $17 million from ukraine, romania and china. of that, hunter got 8 million. here is another big story. the markets. more selling again today. it's the threat of more rate hikes and maybe a recession. that's hurting the market. look at this the dow is off 200 points. that's a half hour before the opening bell. the nasdaq is down 169 that's better than a 1% drop. big tech on the downside, again. bitcoin though that's holding around 30,000 bucks, just over
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30,000 right now, and interest rates, they still show that big gap between short-term and long term yields. that's the ongoing recession indicator. the two-year 4.71 right now but look at that 10-year, you're still about 100 basis points down from there, 3.70 on the 10- year. recession. also, on the show, the house passes a bill to stop transition ing men from competing with women in sports. it passed on party lines. now it goes to the senate. will the democrats and the president try to force women to compete with biological men? we will cover the cage fight between elon musk and mark zuckerberg. elon has the advantage in weight and height but zuck is 12 years younger. i really can't believe they will actually do it and we'll introduce you to the florida sheriff who uses a wheel of fugitives video to catch criminals. now, he's working with governor desantis to work on the migrant problem. the sheriff is on the show. it is friday, it is june 23,
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2023 and "varney" & company is about to begin on this friday. ♪ ♪ stuart: we're trying to get off to a positive start. we've got billy joel playing, and lauren chimes in, it's going to rain all weekend in new york. well, yes it is. nice smile you've got there, girl. i'm going to go straight to what i think is the biggest political story of the day if not the week and the month and the year. two irs whistleblowers came forward to show how intelligence officials interfer ed with the hunter probe lauren: the house ways and means committee released the whistleblowers testimony. they say the department of justice, the fbi and the irs all interfered into the tax probe
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into hunter biden by delaying, denying, and politicizing the investigation, and then they offered proof. pull up the 2017, what's app message from hunter to a chinese business partner henry zao. hunter was looking for payment. this is the quote. "i'm sitting here with my father and we would like to understand why the commitment made has not been fulfilled. tell the director that i would like to resolve this now before i could set a hand" and that means tonight. i am sitting here waiting for the call with my father. isn't that evidence joe biden was aware of his son's business dealings? all of this , the same week hunter agreed to plead guilty to two misdemeanor tax charges. that's being slammed as a sweetheart deal by many on the right, and many in general. i wonder with these whistleblower allegations and revelations if that sweetheart deal can be thrown out. stuart: i wonder but we should remind ourselves that we don't
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know whether joe biden was sitting next to hunter when that message transpired. lauren: that's what the new york times pointed out this morning. stuart: it's a fair pointp rachel campos-duffy with us this morning. look, rachel, these are clearly damming claims and we've seen them. my question is what happens next >> first of all the reason we don't know whether joe biden was sitting next to him was because the fbi agents were forbidden by their bosses to ask any questions regarding the big guy. they were not allowed to ask that. that is bizarre, because the whole point of this isn't just that the fbi was interfering with the corruption investigation. they were interfering with an election. they were told to slow-walk this investigation. they were stalled at every point , so that nothing would come out before the election, and the consequences are huge, because not only was the election as we know now changed because the american people didn't understand the
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extent of this dirty family biden syndicate of extorting money from so many of our foreign, many of them adversar ies, but also, you know, we have a situation where russia , china, ukraine, places where we have major foreign policy difficulties, places where we are sending billions of u.s. tax dollars to, those countries, those leaders know what the fbi doesn't want to find out, and so they are able to extort our president. he is compromised. this is the most serious story i've ever seen in my lifetime in politics. i've never seen anything like this. stuart: and it's not over. it's not over, but i want to transfer attention to something else that is simply outrageous. i think it's safe to say that congressman adam schiff is not bothered by being censured. rachel just watch this. roll that tape. >> our standing up to them and more importantly that are standing up to their master, donald trump.
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>> roosevelt said in his time there are times when you could judge a person by the enemies they make and sadly, i think we're in that kind of a time and by that standard, i'm doing pretty damn well. stuart: okay, yeah, he's still smiling raising money out of this but rachel here is the question. do you have any doubt that if he runs for office, any office in california, he'll win? rachel: probably. i mean, it's a democrat state and they like what he did, but you remember when bill bennett wrote that book " the death of shame" that's the death of shame. this guy lied. it's now proven. he lied. it was essentially an attempted coo from the inside this story about russia collusion was a lie from the ge. they knew that the source of it was the clinton campaign. they tried to hide that. the only reason we know that is because they were forced to release the records from the clinton campaign and the lawyers who were sparking
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this thing. this was an inside job that tried to disrupt and smear donald trump. donald trump is still, lots of people, you and i know because we work at fox news and we're in this story everyday. we know that this was a lie. that there was no collusion between donald trump and the russians. donald trump couldn't even collude with the republican party let alone the russians, so let's be clear. this is absolutely a lot of people believe this story still and it smeared the president and he still is dealing with this. stuart: still dealing with it. i think this administration is sinking in scandal. it's just getting worse. rachel, thanks very much for being with us this morning. we always appreciate it. come back soon, please. thank you very much. rachel: of course. stuart: the other big story of the day is the market. look at it go down. you're down 200 already. this is 13 or 20 odd minutes before the opening bell you're down 200. worse loss on the nasdaq down over 1% at 171 points. we need kenny polcari this morning and he's here, fortunately.
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kenny? why are you telling your investors not to chase big tech? do you think it's going down some more? >> yeah, i think it is going to , well it's stretched to begin with, so you don't want to chase it because it's stretched. you want it to come back to a more fair price which i think we're going to start to see. we're seeing it today. we started to see it earlier this week. we're coming into the end of the second quarter marking period so next week, i suspect you're going to see each more activity and potentially more pressure on tech because large asset managers are going to re allocate some of that money and get themselves setup for the third and fourth quarters of this year so yes i expect it to come back in but that doesn't mean that i'm going to light my hair on fire saying sell everything because i'm not doing that at all. stuart: so what would you say to me doing a little dip buying because you're right there is a dip here in big tech and if i went back in and plowed some more money into it, now what would you say? >> because you want to do dip buying but listen.
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with the nasdaq or tech stocks off two or 3% to me that's not dip buying. you want to see them retreat by eight or nine or 10 or 15%. that, to me, in tech at the moment is dip buying, because it's so stretched, right? stuart: well do you think that's going to happen? are we going to go down? >> potentially but i think we could see tech reprice somewhere between 5-8%. i absolutely think that could happen. so i would wait, if i were you. stuart: okay. i'll take your advice. i probably will, but i'm going to stick with my short-term treasuries. i'm still gets 5% on a six-month bill. >> and i said that in my note this morning if you remain nervous going into the summer and you put money into short-term treasuries you should be prepared to roll them when they come due but remember, when you say that, so people understand, yes, it's yielding 5.3% on an annualized basis, which means you have to roll it all year long, in order to get
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that 5.2% or 5.3%. if you do it just for three months you're only getting a quarter of that 5.2% so make sure that that's clear. people understand that, because it's quoted as an annualized return. stuart: kenny polcari you have a great weekend. see you next week. >> you as well. stuart: always, thank you. now this. the five men aboard the missing tourists are presumed dead after what the coast guard calls a catastrophic implosion. lauren: found the nose and cone and other debris of the submersible on the sea floor just 1,600 feet from the iconic titanic shipwreck they are going to explore so they are close together at the bottom of the ocean. the coast guard said the submersible suffered a catastrophic implosion. >> this is a incredibly unforgiving environment down there on the sea floor and the debris is consistent with a catastrophic implosion of the vessel and so we'll continue
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to work and continue to search the area down there. lauren: the navy said that it detected implosion sounds days ago, but the data they had wasn't definitive and they continued their search effort. the titans owner oceangate says this is a very sad time for the entire explorer community and for each of the family members of those lost at sea. we respectfully ask that the privacy of these families be respected during this most painful time. now, robots will continue to search the ocean floor. there's a possibility that the five men's bodies are never recovered because of the conditions underwater. stuart: lauren thanks very much. coming up it's not too late to be on the show today. don't forget to send in your friday feedback e-mail questions comments critiques whatever to varneyviewers@fox.com. hunter biden attended the state dinner for india's prime minister last night. days after his plea deal was revealed. this doesn't seem like good optics does it? the president seems to be in
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denial. we'll have more on that. billionaire democrat donor george sorros pouring more money into progressive candidates. his cash is fueling big wins in virginia primaries this week. now, his son is set to take over the sorros empire. grady trimble has the full story , after this. ♪ sometimes you're so busy taking care of everyone else
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stuart: not too sure i like the look of this we're 14 minutes away from the opening bell and there's plenty of red inc. dow is off nearly 200 nasdaq big drop more than 1% lower. george sorros, he continues to pour money into progressive
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candidates. grady trimble with us. sorros spent what, at least 350,000 bucks in the virginia prosecutor's races this week. i take it his candidates won? reporter: they did, stu. they went three-for-three in those primaries this week. now, to be clear, those candidates were going up against other progressives who want to overhaul the criminal justice system, but these wins just speak to the power and influence sorros has in picking prosecutors, especially in heavily democratic areas. so among the winners in virginia , the prosecutors in fairfax and arlington counties, just since april, sorros funded packs dropped hundreds of thousands of dollars on both of these candidates, on top of the donations to get them elected in the first place four years ago. his packs also poured money into the re-election bid of loudoun county's controversial prosecutor. republicans argue all of sorros 's picks are soft on crime
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>> when you have these criminal -first victim-last prosecutors that they have been supporting, what happens is they walk into a courtroom and they see two victims. they see the victim and they think the defendant sitting at that table is also a victim. well, if you're a prosecutor, and you don't actually want to prosecute crime, don't be a prosecutor. reporter: sorros has faced criticism for having an outsized influence on district attorney elections in big cities across the country. in fact, a 2022 report by the pro-police non-profit law enforcement legal defense fund found his pack spent more than $40 million over the past decade to elect progressive prosecutors we reached out to a sorros spokesperson about these virginia races. didn't hear back, but i recently had an exchange about productivitieses in general. the spokes american says sorros makes legal, fully-disclosed contributions to prosecutors so
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they can get their message out and it's actually anti- democratic forces he says at the state level in many cases that are unlawfully removing reformers despite their having been elected by the people that i believe is a reference to chase boudine, who was removed as productivities in san francisco and by the way, stu, sorros's son alex is now taking over sorros's foundation. alex sorros says he is more political than george sorros. stuart: watch out. at least we have been warned i guess. grady, thanks very much. op-ed. here is the title. george sorros's prosecutors wage war on law and order. carlie simpson wrote that and carlie simpson joins me now. question, why are so many people voting for radical candidates? do they want mayhem in their cities? >> no, because they vote for them, because they are hoodw inked. this machine which is very well- funded, stuart, talks about reimagining the criminal justice
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system but of course as soon as they get into office, they are pro-criminal anti-victim zel ates, and that's why the liberal democratic voter s recalled chessa boudine, and the list goes on and on and so they are hoodwinked, but they soon realize that they and their friends and especially in under served communities have the victims of their policies. stuart: well how do you stop this? i mean, do you raise a lot of money among conservatives and put that into d. a. races to counter sorros's money or do you try to in some way have a big campaign to point out what these folks are really up to? how do you combat the soros? >> well there are 2,300 elected d. a.'s across the country, stuart, so these are local races. the ingenius nature of this movement is that they realize these are low visibility , low dollar races. $100,000 goes a long way in a d. a.'s race so you have to pay attention. who you vote for , for your
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local d. a. affects your public safety privilege, like who you vote for school board affects your kids education level and so you have to pay attention. stuart: it's just a huge problem , isn't it? i remember the worst mayor in new york city's history, bill deblasio, he was originally elected with just 19% of the voting population actually voting. one in five voted and put him in power. we're getting that all across the country with soros people. but here is another question. alex soros is reportedly taking over the foundation. is he more radical than his dad? >> yeah. he says he is. he says he's more political and i didn't know there was room on the far left for more politicization of these d. a. races but soros wrote in the "wall street journal" why he supports rogue prosecutors and he spent $40 million in direct spending on these races but over
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$1 billion in indirect spending through various packs and sets up a fairness and justice safety pack in a state, pours millions and millions of dollars into these and then they independently select the person they actually want into office so pay attention who you're voting for your da. buy her book. we expose this whole scheme and failed social experiment and i think what's happening, stuart, is you've got to educate yourself number one, and then, businesses which are closing in the cities, where thefts are running rampant, these things are self-correcting if you educate yourself what's going on stuart: sir, thank you very much for being with us today. cully stimson, we appreciate it check futures please. the market opens on what be six and a half minutes. we're going to go down 200 off for the dow, 170 for the nasdaq. the opening bell is next. ♪
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>> well, there's two things i'm super-focused on with amazon now one is that i think although everybody points to nvidia as microsoft great ways to play a.i., i think amazon is too and i think it's under appreciated for that. they are the largest cloud vendor out there, and this a.i. revolution, if there is one, is not going to be televised, not on-prem, it's in the cloud and i think amazon as the largest cloud vendor because of its computational fire power. i think a storage capabilities, it'll be a major beneficiary so that's one reason i like it. the other one is they have this new shipping initiative, they are accelerating the speed at which they deliver packages to people. it's about 40% of the prime customers actually get same day delivery, or for some items get same day delivery and we think that's just another unlock on the amount of spend, the share of wallet at amazon can tap into and something that will keep building out these competitive methodologies around the company so those are two reasons why we like amazon here. 150 is our price target. stuart: 150 the price target okay we had a nice run-up for
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big tech on the strength of a.i. i suspect that we're now beginning to pullback a little bit because we don't exactly know how much good a.i. is going to do to big tech so there is a bit of a pullback at the moment on big technology companies. >> yeah, that's right. so we get these themes, and we as a crowd, sometimes what the market is, we'll over buy and over sell and we're probably going to go overboard a little bit on this a.i. theme. it is real. we're going to see over the next couple of years larger and larger deployments, whether it's spotify a.i. dj, whether it's travel bots on online travel companies like expedia or book ing or airbnb. i mean, there are going to be more and more of these applications, and those have to be stored somewhere. the calculations behind those have to be run somewhere, so i think there really is this multi-year growth kind of accelerated growth for cloud vendors and i'll stick with that amazon thesis. stuart: okay is your top pick still meta? >> yes, it is, and now it's not
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as cheap as it was earlier in the year. it's obviously gapped up a lot but it's still 16 times gaap earnings so hold on that's a discount to the market, stu, so i think it's still the cheapest high-quality tech company out there, so at some point we'll take it off that top list. if it keeps going, price target on this is 350. we get clearly above 300 and it won't be our top pick anymore, and we'll switch to something like an uber. top picks right now though, meta , uber, amazon. stuart: i'll summit up like this you're looking for amazon to go to 150 and meta to go to 350. that be a nice rally. love to see it. mark mahaney you have a great weekend and hope to see you next week. >> you too, stu. stuart: we've got eight, seven, six, counting this down to actually 9:30. >> [opening bell ringing] stuart: we know exactly when 9: 30 arrived and it just arrived the confetti comes down and i've been there and we're open on the downside as we expected to.
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right from the get-go the dow has lost 200 points and i'm looking at minus 214 at the moment. when i look at the dow 30, that will be on the screens any moment now, i expect to see an awful lot of red. i see green at the top but that's mostly red. heavy selling this morning on wall street. the s&p 500 where is that? it is also on the downside off .82% not good and the nasdaq composite, where's that one? that is down 1.06%. lots and lots and lots of selling on wall street. going to show you big tech all of them down. amazon is at 129, apple 185, meta 281, alphabet 121, microsoft is down five bucks again this morning, 3.34. all right, we now have a list of the big tech ceo's who will join the president and mody, the prime minister of india, at the white house today. they were at the dinner --
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lauren: the dinner last night. stuart: it's a big deal. lauren: about 15 and the notable s include who you're looking at tim cook of apple, sa tya nadella of microsoft and google and sam altmann of open a.i. they are going to discuss ways to deepen the partnership between the u.s. and india in a.i., quantum computing, and space. the u.s. is india's largest trading partner and the u.s. is now looking to deepen those ties as a counterweight to china. stuart: that's going to happened to. lauren: final day of the state visit. and some meetings with kamala harris as well. stuart: oh, that's interesting. lauren: she's being elevated. stuart: we have another round of layoffs coming at ford but that's not the big deal this morning. this news of layoffs comes just as the same day that ford got a $9 billion loan from the government and let me point this out to you. headline in the "wall street journal" editorial page today. at ford, government is now job one. government is taking over ford.
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lauren: it used to be quality is job one. that was the ford slogan. now, they aim to please the government and get some of our money. ford is looking to make 2 million ev's a year with the help of a record $9.2 billion energy department loan to make batteries for those cars in the south. the "wall street journal" is now reporting that ford will announce a new round of job cuts we do not have a number, as early as next week. it be white collar employees in both the traditional gas engine and also the ev segments. i guess this time, getting the government money does not come with a staffing guarantee. you have to keep your level of employees if you want that money stuart: but the government is going to tell ford how to spend that $9 billion. lauren: absolutely. stuart: that clause. lauren: absolutely all part of the inflation reduction act which was passed. just a repercussion of how you vote and who you elect. stuart: virgin galactic now that's sir rich and branson's space tourism company and they raised $300 million. wait a minute.
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they were able to raise that kind of money just after the submarine tourist problem? lauren: it's eerie, isn't it? stuart: it is. lauren: so they need the money and they are looking to raise 400 million additional. they need the money to fund their commercial space tourism. just next week, we're going to likely see june 27 and june 30 the next spacex or virgin galactic flight but all of this , yeah, happening on the day where we see the limits or i should say the risks of tourism to outer space and, you know, to the depths of the ocean stuart: yup there are risks involved and i think that will weigh future trips but let's see what happens. let's get to strictly finance. well not quite looking at starbucks there's a strike at starbucks stores, some of them in the next couple of weeks. what's this all about? lauren: 3,500 starbucks union employees say they will go on strike next week across the u.s. in over 150 stores. they say starbucks denied them
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the right to display pride decorations in the cafes. starbucks says look, it's up to the store manager. obviously, we support pride. these workers say they were denied that right and hence they are going on strike. we are so, so at each other's throats right now and highly highly sensitive. i just went into a starbucks the other way there was tons of pride gear out. stuart: let's have a look at car max. they reported this morning. obviously, it was a good report because they are up nearly 8%. lauren: so used car seller actually shared this is a nine- month high for the stock. earnings were better-than-expected but it's not all rainbows right now. car max says affordability is a challenge. high interest rates, low consumer confidence, but they're cost cutting. cost cutting helps surpass the numbers that you set on wall street. by the way average selling prices for used cars fell 5.5% in the quarter so now you're looking at on average ability $27,000. stuart: but it was used car prices that spiked and lead to a
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spike in inflation. now those prices are coming down lauren: i was in the middle of all of that i remember car shopping that was not fun. stuart: i'm sure it was not but you see the bottom right hand corner of your screen? we're five minutes into the trading session and we're down 250 points for the dow industrials three-quarters of 1% so if you check the big board you're back to 33, 700 and the dow winners i believe there are some dow winners yeah, there are, 3m, verizon, united health, walmart, proctor and gamble on the upsidel are some dow winners a lot of losers as well, the s&p 500 where are the winners there? topping that list, we have car max, we just reported that, nrg 3m is on the list, crown castle international on the list. not many winners though. the nasdaq composite topped by amazon doing well, mark mahaney just said he liked it and it's going to 150. the stock is up $0.50. constellation energy, monster beverage, netflix all on that
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list. the 10-year treasury yield, where's that this morning because it has an impact on the nasdaq. in fact that yield is down you're looking at 3.70%. gold, not much movement, 1,943 up nearly 20 bucks. bitcoin still around $30,000 per coin. the price of oil below 70 bucks this morning. we've got it down to $67 a barrel. nat gas also on the downside. here is what we have for you, still ahead. governor desantis running for the presidency. he slammed san francisco in a campaign ad. you saw that. now the mayor, london breed, responding. she says this is the politics of the old playbook. she don't like desantis. the governor also announced a coalition bringing 90 sheriffs together to protect communities from the border crisis. this is in florida. we're talking to one of those sheriffs who is also known for his wheel of fugitive videos watch this. >> i'll tell you what we got. we got 10 up here on the wheel
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with warrants for their arrest. we'll give one of them a little extra incentive and they are our fugitive of the week. let's give it a spin and see who it is this week in brevard county. stuart: i wonder what brevard county sheriff will do with migrants. the sheriff is next. ♪ ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does.
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sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. stuart: 11 minutes into the markets session this friday morning, and we're down 200 on the dow, down 147 on the nasdaq. that's just over 1% down there. house republicans voted to condemn the use of public schools to shelter migrants. chad pergram on capitol hill. chad? what happens now? reporter: well, stuart, not much this is what they call a messaging bill. something important to the majority, but it's not going anywhere. the gop took aim at using schools to house those here
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illegally. >> during this last school year , 5,500 migrant students strained new york cities public school resources. time and time again, we are see ing classrooms overflowing and understaffed and our school taxes ever-rising. reporter: there's been a surge of migrants in new york and elsewhere after being bussed to big cities from border states. gop members oppose using schools for housing and not for education. >> democrats are making elementary, middle, and high schools a battleground for chaotic border policies. in new york city mayor eric adams planned to house migrants up to 20 current and former public school gyms. reporter: democrats push for compassion. they accused republicans of conducting political theatre using migrants as pawns. >> no, they would rather talk about building a stupid voila
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long our southern border that they know won't work or about the non-binding resolution they put on the floor this week that demonizes migrants but does nothing to fix our immigration system. their first impulse is let's pass an immigration bill. their first impulse is to impeach him. reporter: now, the house just voted yesterday to refer impeachment articles for president biden to two committees because of the border stuart? stuart: all right, chad, thanks very much indeed. something a little different now my next guest turned his crusade against crime into a parity of wheel of fortune called wheel of fugitive. watch this. >> ♪ wheel of fugitive ♪ >> hello i'm sheriff wayne ivy of the brevard county sheriffs office and i'm excited you know why? because it's time for wheel of fugitive. everybody loves this show. we have got 10 up here on the wheel with warrants for their arrest we'll give one a little extra incentive they
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are our fugitive of the week. let's give it a spin. stuart: sheriff wayne ivy from brevard county in florida joins me now. all right, a couple of quick questions, sheriff. why did you decide to start making these videos? >> so, you know, we field tested it with our community and we told them we're looking for roughly 3,000 fugitives and we talked about doing the wheel of fugitive and they loved it and it engages the community. even the fugitives watch it and go turn themselves in. in fact one of our local universities did a research project on it and found 88% of them turned themselves in or are captured within the first three to five days so it engages the community and brings them to the table and they help us get fugitives off the street. stuart: sheriff, the governor of florida, desantis, he's asked you to be part of this coalition of sheriffs to take action against the migrants in florida. are you going to turn wheel of fugitives into wheel of migrants
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>> what we're doing right now is we are focused on trying to help our partners at the border. and you said governor desantis, you know, asked us. we actually asked the governor to get engaged and asked him to be involved in this , because illegal immigration doesn't stop at the border. it filters into every community and brings with it the crime wave we've seen, increase in fentanyl, human trafficking victims so governor desantis understands just like i do that governments one responsibility is to protect its citizens and that's what he is doing. stuart: will you arrest illegals in brevard county? >> well that part falls to customs and border patrol, falls to our partners at i.c.e. and homeland security. what we're trying to do is get them to do their job and quite frankly, white we're trying to do is get them the men and women of that organization unhandcuffed so they can do their job. i feel sorry for them out on the
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border. stuart: what are you going to do in brevard county other than put pressure on the authorities to get them out. what's the police department going to do with those migrants in your county? >> so, the first thing we do is we get in touch with our partner s with somebody with the detainer on them, somebody that comes into our jail that's an illegal. the problem has been this administration puts them right back out on the streets so we go out and we arrest them for something and this administration puts them right back out on the street. doesn't invoke any detainers or come get them and we're forced to deal with them and that's not just a brevard county problem. it's a country-wide problem. stuart: i've been in other parts of florida and i've seen what i presume to be illegals working on construction sites. is that happening in brevard county? >> so we would say no. what we're trying to do is through e-verify and those programs the governor has been working on we're trying to make sure that no one is here illegally first of all and
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secondly, no one is here working illegally. again, the governors and his team have tried to work with the legislator to put measures in place. when you look at illegal immigration, while it's a federal issue, and it should be dealt with by the feds on that side, it's filtering into our side and we're having to deal with the increase in crime. the increase in fentanyl deaths. my community alone in a 24-month period had 172 drug overdose deaths. those are increases that are taking lives from us, and we know that that fentanyl increase is coming across the border, so again, it filters into every community. stuart: okay. sheriff, thanks very much for joining us this morning. we'll see you again later. thank you, sheriff. >> thank you, stuart. stuart: the department of homeland security is looking into the safety of medical facilities at the border. what sparked the investigation? lauren: the unfortunate death of an eight-year-old girl. her name was anadath alvarez and had crossed the border with her family in may at the time when
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illegal crossings were topping 10,000 and in u.s. government custody in south texas when she died. her parents told the medical staff at that facility she had a history of sickle cell disease and heart problems. she had the flu. a 104.9-degree temperature, was not taken to the hospital. now, the department of homeland security has called for an overhaul of border medical care and the customs and border patrol have removed their chief medical officer. stuart: all right thank you, lauren. coming up, now it looks like the summer of 2023 is all about throwbacks. just take a look at this clip from the new barbie trailer. roll it. >> i might stay over tonight. >> why? >> because we're girlfriend and boyfriend. >> what? >> i'm actually not sure. stuart: okay, don't stop there. coming up we're heading to the malibu barbie cafe. it's in new york city. we're going to look at how companies are capitalizing on classics, great story. republican presidential candidates will share the stage
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for the first time this weekend at the faith and freedom coalition conference in d.c. former president trump expected to be there. all right we'll tell you all about that next. ♪
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and our success stories are real. why not give it a try? stuart: a number of the 2024 gop candidates are gathering in d.c. for the faith and freedom coalition event. mark meredith is there. set the scene, mark, please. >> stu, good morning to you. well for the republican presidential candidates the people in this ballroom may be pair best chance to test out the message with voters the same that may catapult one to the white house. former vice president mike pence is on the stage a very friendly reception. later today walenski see some of the other candidates including south carolina senator tim scott vivek ramaswamy, we know that nikki haley former u.n. ambassador and former president are going to be out here to test that same message tomorrow. they are going to be the final speakers and the former president is the keynote tomorrow night. the latest polls still show trump dominating in this republican primary, as cnn survey out this week shows him far ahead of florida governor
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ron desantis. not to mention the rest of the gop candidates. trump and desantis though still engaged in that bitter war of words. trump spending much of this week accusing desantis of embracing pandemic restrictions and desantis told a crowd in tampa yesterday trump is simply lying. >> what i would say is this. when you are saying that cuomo did better on covid than florida did, you are revealing yourself to just be full of it. reporter: we know that governor desantis is likely to keep his comments focused today on religious liberty and his efforts to appeal to the group in this room and not engage further on that back and forth with the former president. we'll see whether or not trump brings up desantis during his speech tomorrow night. as i mentioned pence is on the stage right now. he's talking about why he's choosing to run right now. his faith has continued to impact his life and we'll see if he makes any other news here we'll let you know. stuart: get back to you later.
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check those markets please i see an awful lot of red ink on this friday morning dow is down 170. okay it had been down almost 300 , so we've come back a bit but the nasdaq is still way down , off 160 points, 1.1%. big tech down, all across-the-board look at that. apple is down almost 1%, same with amazon. alphabet is down 1.4%, meta down 1.4, microsoft down 1.46 that's plenty of selling in big tech. look at the yields on treasuries this is the two-year, all the way at 4.75% down a little bit today, but still way up there and that yield on the two- year is way above this. the yield on the 10-year, 3.71%. classically, that is considered a recession indicator. maybe that's why the dow is down so much today. here is what we have still ahead for you. sean duffy, tammy bruce, and kennedy and also this. the president, well, he brought
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hunter to the state dinner for india's prime minister thursday. this is just days after hunter's plea deal was revealed. i think biden is sinking in scandal, and in denial to boot. that's my take and it's next. ♪ ♪ thinkorswim® by td ameritrade is more than a trading platform. it's an entire trading experience. with innovation that lets you customize interfaces, charts and orders to your style of trading. personalized education to expand your perspective. .. that will push you to be even better. and just might change how you trade—forever. because once you experience thinkorswim® by td ameritrade ♪ there's no going back. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed.
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