little bit of a drop. final thoughts today, mark. >> jobs market is not as strong as the biden administration wants you to believe. we are losing full-teem jobs and pecking up part-time jobs. native-born workers are dropping out of the work force, we're adding foreign-born jobs, so so it's not as strong as bidenomics claims to be. cheryl: working or not working, kaylee mcgee? >> it's the not working, and that's why biden's approval rating is at 30 percent. cheryl: i certainly appreciate you both being here, that is it for me. i will see to you all tomorrow "varney & company" is up now. stuart: good morning, cheryl. good morning, everyone. look out below. technology stocks getting hammeredded again. blame beijing and washington d.c. now, there's speculation that china's iphone restrictions will be extended beyond government workers. apple gets almost 20% of its

revenue if china, losing a piece of that would hurt k. and what impact on other american businesses like disney with its theme park in shanghai? separately, google is on trial for its alleged monopolistic practices, and amazon is threatened with antitrust action. big tech down across the board. look at the nasdaq, that is the home of big tech, and it's the sink ising fast. more losses this morning for the dow and the s&p, but the slide is clearly focused on technology. nasdaq premarket down nearly 2000 points. as for the -- 200 points. as for the yield on the 2-year treasury, it's above 5% this morning. that doesn't help big tech either. the 10-year is trading at 4.28%. those rates up and nasdaq down. bitcoin, look at the price now, $a 25,600. that's where we are. let's get to politics. david weiss announces -- or moves, i should say, to to theth indict hunter biden on gun and

perhaps tax charges. that indictment how old throw more light on the biden family's financial dealings. not what the president wants during his re-election campaign. with the president's age and acuity raising questions about his ability to do the job, vice president harris says she is, like all vice presidents, ready to take over. on the show today, mike pence, the former vice president. he's come out swinging against donald trump's siren song of populism. he will join us in about 10 minutes. later, i'll be joined by my fellow debate moderators. it's a preview of the big event coming on september 27th from the reagan library in simi valley, california. and perhaps on a lighter note we will introduce you to a restaurant the owner who's fed up with customers who eat and run without paying. it's called dine-and-dash. he's giving chase. big show. thursday, september 7th, 2023. "varney & company" is about to

begin. ♪ ♪ get ready, get ready ♪ don't you mow? ♪ get ready 'cuz here i come ♪ stuart: get ready by rare earth. okay. [laughter] word soup, i think you could say right there. and there's sixth avenue, new york city. we're going to start with the markets this morning. david bahnsen with me for the hour. china's looking to, we think, we believe that china is looking to expand the ban on iphones. more than just government workers. apple's taking it on the chin. what do you make of that? >> i think that if the markets really thought that was happening, it'd the probably be a worse impact, but there's a fear there. the thing i want to point out is when valuations are this high, all it takes is a little bit of news, and you see stockses drop

quite a bit. they're simply overpriced. stuart: down 3.7 all the way back to 176. are other businesses, american businesses that do business in china, are they threatened? >> well, i think on the margin they are. but a lot of it has to do with american pressure for certain companies to move their presence back to america. so it's on both sides is. the overall tension between u.s.-china economic relations is a big deal, and it isn't fully priced into market. stuart: china's really slowing down. i've got new numbers. exports down 8%, imports down 7. is that in any way good for us? >> oh, not in any way. it's bad for the global economy because they're such a contributor to global gdp. it's the property sector. they're having a real estate slowdown, and then what happens is i believe they're going to start doing all the stimulus, both fiscal and monetary, that japan did, that the u.s. dud, and that makes things worse long term. stuart: you're a dividend guy.

give me the big picture for a sec. doesn't look great. >> no, this is why i'm a dividend guy. when you're focused on individual companies growing cash i flow, you can afford to be less concerned with those macro things happening many china. there is always bad news out there, always. and i just think right now we need to focus more on what's happening with china and probably less on the fed and this constant talk about u.s. interest rates. stuart: what's that expression, you have to climb the wall of worry in i've got about 40, 50 years of that one. it's still around. >> i only have 49 years on planet earth, and i have 49 years of doing it. we always have to climb a wall of worry, but investors many particular -- stuart: that is very true. right now aye got the yield on the 10-year treasury at 4.29%. it's gone up. and i've got the yield on the 2-year treasury above 5. that hurt -- look, david, while i've got you here, explain that to me. when our treasury yields go up,

why is that so bad for big tech stocks? >> because their valuations are so high, and so every investor has a coys. do you want to buy -- choice. do you want to buy something with risk or without risk? if you're going to buy something without risk and get a big return, that makes big tech less attractive. when treasuries were paying 0%, nobody was attracted to it. right now it's a valuation story. the multiple with, the pe ratio, people call it, that is really too high with treasury rates moving higher. stuart: 6-month at 5.5%. ouch. thanks, david. politics, a bug update on the hunter biden investigation. prosecutors expected to indict by the end of this month. take us through the news, lauren. they're they're good morning. special counsel david wise says charges -- david weiss says charges could be brought by the 29th. if you remember in july, a plea deal was ripped up that would

have had hunter plead guilty to tax evasion and enter into a pretrial diversion on the gun charge. he would have stayed out of jail. now, pending this indictment, he could face 10 years behind bars. house republicans want all records related to that collapsed deal, and if they don't get it, hunter and his lawyers might have to testify before congress. and and this is something that president joe biden might not want to deal with -- [laughter] during the re-election campaign. stuart: i think we can understand that, lauren. fair enough. senator ted cruz, republican from the great tate of texas, joins me now. senator, what's the significance of this indictment move? >> well, you know, it is -- i'm glad they're moving forward with an indictment, i'm glad they're doing something, but it is deeply disappointing. all the early indications are, as was just covered in the report seconds ago, that this is likely to be on the gun charge. and the reason that's

disappointing is over a year ago i said, i do a podcast every week called verdict with ted cruz every monday, wednesday and friday, and we've gone through on the podcast in deep coverage the evidence of corruption of joe biden. and what i said over a year ago is if doj goes after hunter for something like the gun charge or a drug charge or personal tax charges, all of those are design to do one thing and that is protect joe biden. the important thing to understand, the reason people care about hunter biden, it's not that he's one troubled soul who's struggled with substance abuse. the reason this is a matter of public concern is the heart of the allegations are that hunter biden made millions of dollars by selling favors from from daddy, selling favors from joe biden. this is this has always been about joe biden's corruption, about the multiple whistle blowers who have alleged obstruction of justice, who have alleged that attorney general

merrick garland lied under oath and who have alleged that joe biden solicit and received millions of dollars of bribes from corrupt foreign oligarchs. what this indictment is, is the biden doj trying to shift all the blame to hunter and ignore president joe biden's, the evidence of his corruption. stuart: the chinese know what's going on. do they, therefore, have leverage over our president? >> it is a very good question. we know that hunter, for example, texted using whatsapp, a senior chinese communist official saying i'm sitting here next to my if father, next to then-vice president joe biden. i'm sitting here next to my father, and if you do not give me millions of dollars, my father will retaliate and punish you. that, david weiss and the biden department of justice, seems to have no interest in investigating. in fact, the two irs whistleblowers when are both

career irs employees, both democrats, they came forward and said -- they asked to check the gps locations to see if joe biden was, in fact, sitting next to hunter when he sid that that text saying -- sent that that text, and the biden doj said, no, you cannot look into joe biden. and, listen, david weiss is illegally appointment to begin with. the department of justice regulations require that a special counsel be appointed from outside the department of justice. the reason merrick garland named david weiss is because david can weiss had already negotiated a sweetheart or deal where hunter got a slap on the wrist, got no jail time and joe was completely insulated from further investigation. this is, sadly, the next step in that, and it is the next step in the biden doj cover-up of what joe biden, the growing evidence of joe biden's corruption. stuart: real fast, many mr. senator, i'll change the

subject, a looming government shutdown is on the horizon, could happen by the end of this month. what, in your opinion, would it take to strike a deal? >> well, unfortunately, i think there's a significant chance of a government shutdown, and the reason i think that is i think joe biden and chuck schumer want a government shutdown. i think they believe it would benefit them politically. i think they believe that the press would happily blame it on republicans. and so i think they're going to try to force a government shutdown. funding for the federal government expires september 30th, and i would put odds very high that joe biden and chuck schumerer just say to hell with you to congressional republicans. look, the way our system's supposed to work is republicans and democrats are supposed to negotiate together and reach an agreement, reach a compromise. i don't think biden and schumer or want that because they want a shutdown. i think that's probably where we're headed. stuart: mr. senator,ring thank you very much for joining us this morning. always a pleasure. come back soon. >> thanks, stuart. stuart: americans graded biden's handling of the economy.

it's not looking good for him. roll tape. >> way too much credit for what they're giving him. we're a small business other than, and we've got hit, and it's really hit us back with. >> i would give him a d+ if on the economy. >> i don't think he has the evidence people's best interests in mind. stuart: all right. there's more where that came from. and this, 2024 gop hopeful mike pence came on strong against his rivals. he's warning the republican party is on a road to ruin. former vice president mike pence is here in the studio, he'll join us right after this. ♪ yeah, i got my game on. ♪ better hang on tight. ♪ i guarantee it's gonna be a hell of a ride. ♪ i got my groove on, i got my smooth on. ♪ yeah, you ladies are in trouble tonight ♪

teeth sensitivity is so common. it immediately feels like somebody's poking directly on the nerve. i recommend sensodyne. sensodyne toothpaste goes inside the tooth and calms the nerve down. and my patents say: “you know doc, it really works." your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire i have lots of monthly subscriptions. streaming, music, news sites. then i went to experian. now i can see them in one place.

and the ones i forgot about? experian can cancel them for me. see all you can do at experian.com/save now.

municipal bonds don't usually get the media coverage the stock market does. in fact, most people don't find them all that exciting. but, if you're looking for the potential for consistent income that's federally tax-free, now is an excellent time to consider municipal bonds from hennion & walsh. if you have at least $10,000 to invest, call and talk with one of our bond specialists at 1-800-217-3217. we'll send you our exclusive bond guide, free.

with details about how bonds can be an important part of your portfolio. hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217.

♪ ♪ >> will we be the party of conservativism, or will we follow the siren song of populism unmoored to conservative principles? should the new populism of the right seize and guide our party? the republican party we've long known will cease to exist. and the fate of american freedom would be in doubt. the truth the republican party did not begin on a golden escalator in 2015. [laughter] stuart: nice touch. that was mike pence yesterday, and the former vice president is with me in our studio in new york this morning. mr. vice president, it's very good to see you. >> thanks, stuart. good to be here. stuart: you came out swinging against populism. tell us what kind of conservative you are. >> look, i'm running for

president because i think this country's in a lot of trouble. here at "varney & company", you cover this economy better than anyone else in the country, so i don't have to tell you. what those americans said in the clip just before the break, despite all the happy talk about bidenomics, american families are hurting. mortgage rates at a 2 2-year high, we have a national debt the size of our nation's economy for the first time since world war ii. joe biden's policy is insolvency, he won't even talk about it. but what i wanted to call i out yesterday is that the former president and many of his imitatorses in this republican primary are taking the same position as joe biden on the subject of dealing with the national debt with common sense, conservative reforms of social security and medicare. that plus our american leadership in the world, this will the seems to be a desire in our party to pull back from american leadership on the world stage and, of course, marginalizing the right to life. for me, identify been a conservative -- i've been a conservative my whole career,

and i want people to know it's not just who is our candidate, it's what we stand for that's going to dictate victory and success against the american people. stuart: you're coming on strong against trump. this is relatively new in your campaign. do you feel you have to do that because he is in the lead? >> well, elections are about choices. you know, i understand, i spoke about my former running mate yesterday, but i also spoke about some others in the field. i actually think when you look at the success of the republican party over the last 50 years, it has been definedded by a commitment to a strong national defense, american leadership in the world; limited government, low taxes, less regulation, traditional values. but not just the former president, but others in the field are beginning to move off of that and in the direction of more government-based solution, ignoring our national debt. i don't have to tell do you that that national debt today is driving inflation almost more than any other single factor. and as i said, joe biden's

policy is insolvency. but i think we owe it to the american people to bring key, time-honored solutions -- conservative, time-honored solutions. it's not personal. as you know, the president and i had a close working relationship for four years. he wasn't just my president, he was my friend. i stood loyally by him until the today came that my oath to the constitution require me to do otherwise. i'm proud of the trump-pence administration's conservative record, but when when i see him and other members of our party wanting to move away from that commitment, i want to call it out and make debate about those ideas. stuart: you and vivek ramaswamy were both at a labor day event in new hampshire. you avoided each other. you were at the same event, but you avoided each other. why didn't you confront him? [laughter] >> i didn't have the impression we avoided each other. i was there to meet vote voters. pretty you are sure he's not going to vote more -- for me, stuart. [laughter] this is about talking about

voters. i met vivek a couple years ago and that him speak at a conference that that my foundation host. he's a good man, a good family man, but he's wrong on america's role in the world. i mean, the idea of a policy that he's advocated of letting vladimir putin keep what he has grabbed in ukraine and promising him that ukraine will never be a part of nato, saying that we'll let china have taiwan, essentially, after 20 to 28. and even saying in the haas week that we wouldn't use -- last week that we wouldn't use military force to defend us against an attack by iran, he's wrong on those policies. but i also believe he's also another one in the field that has said he would leave entitlement reform and the national debt to some other president. he said a president can't do everything. i got a news flash for him and anybody else vying for the highest office in the land, i've been in the building, the president has to do everything and confront the crises of the moment. stuart: in what way and and what issue would you single out as pushing you above and i apart

from all the other gop candidates? what's the issue? >> i just say with all humility that i'm the most qualified, consistent and tested conservative in this race. and when you look at the disastrous policies of the biden administration at home and abroad, now more than ever we need experienced leadership. stuart: someone like -- forgive me, mr. vice president, i'm interrupting you all the time. someone like vivek ramaswamy would say, huh-uh i. okay, you've got the experience, but what we need is a new generation of american politicians, of american leadership. respond to that. >> well, i feel like a new generation. [laughter] when you look at president joe biden and my old running mate, i'm just about a generation behind however you reckon it. stuart: okay. [laughter] >> i'm somebody that really does believe that it's not about personality, it's the not about the people, it's really about the agenda. and as i said, you know, the republican party wasn't born on

that golden escalator back in 2015. it wasn't even born when ronald reagan came to office. i really believe the republican party was minted by the the first republican president, abraham lincoln, and even ronald raw began himself said -- reagan himself said the ideas he expressed did not come from him, hay came from the heart of a great nation. the principles of a limit government, a commitment to the constitution, free market economics, traditional values and a commitment to strong national defense and american leadership in the world. stuart: the economy, tax cuts, cut regulations -- >> yeah. stuart: -- energy independence, that's what you are for. >> right. and mike pence 2024.com we've literally laid out a plan to tack that thing inflation, to unleash american energy and restore federalism. look at the headlines today. i mean, the biden administration is back to offlining millions of acres in alaska to make us more dependent in energy on the world. we'll achieve energy independence, we'll roll back regulations, we'll make those

trump-pence tax cuts permanent and cut taxes even further to get this economy running. stuart: mr. vice president, thank you for being with us. it was a pleasure and an ohioan. thank you -- an honor. >> thank you, stuart. stuart: we're going. to turn to wall street with. lots of red ink as we head towards the opening bell, especially the nasdaq. home of big tech, down nearly 200 points. we'll be back. ♪ yeah, we're laughing all the way to the bank -- ♪ 'cuz it all just seems so funny. ♪ a bunch of guys like us many a big tour bus -- ♪ making that easy money ♪ let innovation refunds help with your erc tax refund so you can improve your business however you see fit. rosie used part of her refund to build an outdoor patio. clink! dr. marshall used part of his refund to give his practice a facelift.

emily used part of her refund to buy... i run a wax museum. let innovation refunds help you get started on your erc tax refund. stop waiting. go to innovationrefunds.com you really got the brows.

stuart: two and a half if minutes to to go before we open the trading session on wall street, and look at that nasdaq go down. we're with off 200 points premarket. what do you make of the apple iphone situation and the possible extension of the ban beyond government workers? how serious is this? >> look, it's very serious. you don't want any news like that coming out of, coming out about one of the most influential stocks in the world. so we don't like negative if headlines for apple in any way, shape or form. we need everything to go well so

that the market does well. stuart: what do you make of the government -- i'm going to use the expression going after google and amazon? they're going after the crown jewels. is that a negative for all big tech? >> well, look, you know, google is right to be broken up, right? and so something needs to be done about them. they have such an overwhelming dominance in so many different can markets, in the only search, but online advertising. when you have one company that has that amount of control, and then amazon definitely has hair own issues. and we're at a point in american history where these mega companies are running the government, and i think at a certain point the government needs to show them who's boss. i don't know if it's this administration or this justice department, but i welcome these sorts of investigations into these companies. and in the case of google, breaking up that company will ultimately, in my opinion, unlock value. stuart: it could be worth more

in participants than it is as a whole. last one, i believe the only stock you're truly bullish on is nvidia. make your case. >> yeah, look, i think everyone has it wrong. they don't understand the difference between linear and exponential growth. they look on their screens and see 112 price to earnings multiple where in reality is -- that's more like a 30 or 40 in they keep on in this the that a jekyllly. i've never seen any growth like this in any company. the tidal wave of tech spend for a.i. and coming right now, and how that will play out in the rest of corporate america, i'm not sure. but you needed to buy pick axes in the gold rush, and right now with invid what rah's chips, they are selling the best pick axes that have ever existed. [laughter] stuart: o.k.. good analogy there. mike, thanks very much, indeed. he pressed the button k and and we are off on running. i want to see what happens to the nasdaq at the opening bell. we'll deal with the dow, first of all, off 50 points.

even split, winners if losers among the dow 30. the s&p 500 opening lower, but it's not a selloff by any means. well, it's not that good, you're down .72%, 32 points, that is. now show me the nasdaq. look at it go down. you're off 193 points, that's 1.3%. back to 13,600. big tech the, down across the board. and look at these numbers. meta now shy of $300. alphabet down 93en cents. amazon is down $2 and look at apple, down $7.61. four and change, four plus percent and change. apple a drag on the dow yesterday and today. tell me more about the apple iphone ban may be extended. lauren: bloomberg is reporting that saw state-owned enterprises, so many businesses in the china, might restrict their employees there from using the apple iphone. that's much broader than the government agencies, and it affects some 50 million people

or population of spain. why is this significant? because not only is china a fifth of apple a's overall sales, china also makes so many of apple's products, right? so in my opinion, beijing wants to kill the iphone 15 before it launches next week. huawei is now out with a new fast-speed phone, and their presales sold out. david thinks that china's bark is worse than its bite right now. i would disagree. i think apple's now making moves, closing off arm, for instance, the chip designer, to have an insurance policy that they can make more of the components in their devices. stuart: if government workers can't use iphones and they can't even take them to the office, that means all those people with who don't have a personal phone and have to have a personal phone. you know what i mean? lawyer lauren right, so you -- stuart: so the replacement, so they're going to replace the iphone with chinese phones.

lauren: with an an a destroyed and a chinese phobe like that -- stuart: where am i going wrongsome you're pulling a face. >> i don't believe that they have all the details of what china's looking to do, and i never believe stories that are going to hurt china more than they're going to hurt us. in this particular case, we're talking about a $174 stock which is where it was two weeks ago. it was in the 170s all through may, so it's off $9 because it's up $9 in the two weeks. the market's not reacting in a substantive way. apple still an incredibly expensive stock. i don't own apple, i'm not bullish, it's not that i don't care, i just don't agree this is going tock to become a macro story. stuart: okay. disney+ if dropped the subscription price, it was $7.99, what is it now? lauren: for the ads, $1.99, so they drop it significantly. if you sign up by the 20th, you have this deal, $2 a month, they

raise prices in october again. look, this is a big story. disney is trying to lure the spectrum customers who are mad that they can't see the u.s. open and they can't see football because of the carriage fee fight with charter communications. you can't watch espn on disney +. so in this regard disney thinks it has the upper hand. but, look, if we don't have a deal by monday night football, by this weekend, disney could lose hair golden goose. the fix -- their golden goose. that's what disney's up against now. many people have cable and tata huge bill because of sports. so this changes it. and just to put it into perspective, a lot of the tennis players are sitting in their new york hotel rooms, and they can't watch the matches. think of it like that. stuart: and disney has the liability, the problem here, right? it's down to $80 a share. i would bring you in -- lauren: i spoke too long. [laughter]

stuart: gamestop up after the earnings -- no, they're not. they're down 5%. a couple of hours ago they were up. lauren: it's the known to be a meme stock. i get in trouble within when i say that. they lost less money, $2.8 million versus $108 million a year ago. they still don't have a ceo, cfo, and they still don't do the post-earnings conference call. stuart: that'll do it every time. david can, now it's your turn the. >> you want to talk about nvidia, disney, gamestop the, there's a lot of stories out there. this whole meme stock thing, you know how i feel. shiny if objects have to be avoided. they're never going to make money, by the way. right now in the market there's a lot of things that are luring people in that are trapped -- traps, and people are buying the hype. not a good story. stuart: we'll get to your dividend plays later, i promise. novo nordisk, extraordinary is success with their weight loss

drug. jpmorgan has a prediction -- lauren: they doubled their predictions for the size of this market, it will hit $71 billion by 2032, and novo nor risk getses -- novo nordisk gets 40% of that. can these drugs be the miracle drug, right? they are currently in trail to treat cardiovascular disease, alcohol addiction, dementia, known to are reduce amyloid buildup in the brain. stuart: really? lauren: yes. so think of the different tentacles, but the issue is everybody wants them, there's no supply. the trials are literally running low on supply to conduct their research. stuart: they'll fix that at some point, but that's an extraordinary growth rate -- lauren: beyond obesity, beyond vanity. stuart: all right. here he gets to play the part of the dividend guy. first up, you like american

electric power. okay, what does it yield? >> about 4.5% right now because the utility sector's' gotten hit hard. it's the only utility company that we own in the portfolio. utilities are the worst performing sector on the year, and american electric power, we think is the best run in the country. the thing was at $95, now you have it at $77. this is where you want to start buying the good utility, american electric power. 4.5%. i've got to always remind you, stuart, it is it's not just a good yield to buy it. they're going to grow it 4, 5, 6, 7% going forward. stuart: i'll take that. ken if v -- kenvu. >> who's heard of out, right? it was johnon and johnson's consumer product's company. it's tylenol, band-aids, right? if huge consumer products, but johnson & johnson spun it off and it has a higher yield than johnson & johnson does with

johnson & johnson's favorite business, we love it. just started trading as a its own ticker, it has a 3.5% yield. stuart: not great. >> growing every year, stuart. stuart: i'll take your word for it. coming up the, the special counsel will indict hunter biden on gun charges. jewish additional watch president tom -- judicial watch president tom fitton coming up shortly are. trump says he will absolutely take the stand and testify in his own defense. is that a good play for him? jason chaffetz on that. a school district in california had a policy that made it mandatory to notify parents if their child wanted to the change their genderrer or pronouns. now a judge has halted that policy, so so where does that leave the parents? we're on it. ♪ ♪

you got this. let's go. gobble gobble. i've seen bigger legs on a turkey! rude. who are you? i'm an investor in a fund that helps advance innovative sports tech like this smart fitness mirror. i'm also mr. leg day...1989! anyone can become an agent of innovation with invesco qqq, a fund that gives you access to nasdaq-100 innovations. i go through a lot of pants. before investing carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com. ♪ chevy silverado has what it takes to do it all. with up to 13 camera views.

and the z71 off-road package. ♪ you ok? yeah. any truck can help you make a living. this one helps you build a life. chevy silverado.

my relationship with my credit cards wasn't good. i got into debt in college and, no matter how much i paid, it followed me everywhere. between the high interest, the fees... i felt trapped. so i broke up with my credit card debt and consolidated it into a low-rate personal loan from sofi. i finally feel like a grown-up. break up with bad credit card debt. get a personal loan with low fixed rates. borrow up to $100k. and no fees required. go to sofi.com to view your rate. sofi. get your money right.

stuart: a judge has granted a temporary restraining order saying a california school district cannot inform parents if a student chooses to change their gender identity. william la jeunesse,, take us through it e, please. >> reporter: well, stuart, big picture this is governor newsom's shot across the bow, letting school districts know the state is not going to let this parents' movement catch fire. two sand san diego e districts and this one near sacramento approved policies to inform parents within three days if their child identifies as transgender, changes pronouns, uses a bathroom or joins a sports team that does not align with their biological sex. >> it's my child. it's not the state's, it's not the is city, it's not the school district, it's my child. i'm the one that has ultimate power over the decisions that

child has. i'm the one that raises them, not the government. >> we're here to stand up against a board policy or proposed amendment that will violate state law that will risk students' safety and essentially erode any trusts we have with students in the classroom. >> reporter: the state says children as young as 5 have the right to be whoever they choose without parental interference, and yesterday a judge approved its injunction suspending the policy in chino valley while the case continues in court. >> it is children who would be the losers are if this policy, and that is why i'm moving in, to protect children from being hurt, from being harmed, from being abused. >> reporter: so nationwide, five states require presential notification, six promote but do not require it, and the remainder do not have policies that require staff to out transgender students n. granting this injunction, stuart, the judge -- a democrat -- said while most parents may be understanding of a transitioning child, others represent a clear and present danger to their own

children. however, he also admitted not having fully read the district's argument against the restraining order. stuart: william, thank you very much. sonya shore is president of the chino valley school board, and she joins me now. what's your response to the judge's ruling? >> you know, i'm not surprised, but i also think it was a gift to california to show them how our system works. the judge clearly stated, as you said, he didn't read the documents, yet he made a judgment? and when he first calm out, i think he made -- came out, i think he made a better argument than the deputy attorney general. so, i mean, it was clear the way it was going to go, but i think this was a gift to the public. parents need to wake up and realize the government wants control -- stuart: but this judge's ruling, this blocking of the policy, where does it leave the parents? they're kind of in limbo, aren't they? >> absolutely. it's absolutely disturbing. but i do want to tell you a lot of school districts have the actual reverse policy because

our school board association had given out a policy that actually keepses the scents from the parents. so the parents are frustrated, and the parents are trying to intervene right now. i wouldn't be surprised if the parents try to file a lawsuit back on him because he's clearly violating parents' constitutional rights. and is parents have had enough. i think the line has been drawn and parents are standing up and saying we have the right, not you, and you don't get to pick and choose where you want to be involved -- where we have to be involved in our child's life, and that's what he's doing. stuart: as you know, the state attorney general has repeatedly claimed that your policy puts lgbtq students, quote, in harm's way. what's your response? >> uh-huh. my response is he's actually harmful to the students because at least our policy will have a conversation with the student and ask why doesn't your parents know if they don't know. and if they say i'm in danger, my parents hit me, my parents abuse me, guess what?

we're mandated reporters. hen we get -- we put the system in place, there's already a system in place, the processes goes through to get that child to safety. what banta is saying to me and all the parents is, number one, we're all dangerous. and number two, he's sending those kids back into the home that are dangerous every single night just hoping the parents won't find out this make it make sense. i'm actually embarrassed by his statement. he needs to come up with better systems, and that's why i've offered a conversation with him because if that's really truly his concern which, i doubt it, then let's figure out how to get these kids who are supposedly in so many danger to safety. stuart: i don't think he's going to to debate you. thank you very much for being on the show, we're much a bloijed. >> thank you very much. stuart: david bahnsen, you helped found a christian school in california. what do you make of this argument here? >> you know, it's really do disappointing that they want to pretend this is about the kids when they still have ruleing they have to report when kids

are truant, when kids take headache medicine. this is so disingenuous. this is about radicalization and a control. and are we to believe the parents have this ultimate moral responsibility in the home or you believe the state does. if you believe the state does, you dorado call things. it's -- do radical things. stuart: got it. thank you, david. now this, 25 the 4 colleges and universities all across the country were ranked on free speech. all right, lauren -- [laughter] you can see it, left-hand side of the screen. who finished last? lauren: harvard. 0 out of 100. but foundation for individual rights and expression. other ivy league schools on this list, the second place, university of pennsylvania. ask and then you had university of south carolina and georgetown. so you have professors and students worried that they'll be canceled or they'll face disciplinary actions for what they say or what they write.

but isn't college a mace for thought -- place for thought-provoking ideas and the exchange of information? now it can land you in trouble. stuart: so true. la. lauren: harvard, columbia was number one last year. all these ivies used to think they were invincible, but they're not because their faculty and student body are saying enough. slowly. slowly saying that. stuart: it's the world turned upside down, isn't it? hold on, i've got to tell everybody what's coming up. we just told you about harvard being the worst school for free peach, now it has hired the former mayors of ail aing, failing cities to teach the elites how to run a city. yeah, that's true. what's with harvard? supposedly the most prestigious university in the country? that's the subject of my take, top of the hour. school back in session but with more than 19,000 migrant students enroll rolled, new york city schools are scrambling. we're looking at the migrant complication in new york after this. ♪

(fisher investments) it's easy to think that all money managers are pretty much the same, but at fisher investments we're clearly different. (other money manager) different how? you sell high commission investment products, right? (fisher investments) nope. fisher avoids them. (other money manager) well, you must earn commissions on trades. (fisher investments) never at fisher investments. (other money manager) ok, then you probably sneak in some hidden and layered fees. (fisher investments) no. we structure our fees so we do better when clients do better. that might be why most of our clients come from other money managers. at fisher investments, we're clearly different. ♪ is it possible to fall in love with your home...

...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. ♪ explore endless design possibilities. to find your personal style. endless hardie® siding colors. textures and styles. it's possible. with james hardie™.

municipal bonds don't usually get the media coverage the stock market does. in fact, most people don't find them all that exciting. but, if you're looking for the potential for consistent income that's federally tax-free, now is an excellent time to consider municipal bonds from hennion & walsh. if you have at least $10,000 to invest, call and talk with one of our bond specialists at 1-800-217-3217. we'll send you our exclusive bond guide, free. with details about how bonds can be an important part of your portfolio. hennion & walsh has specialized in fixed income and growth solutions for 30 years,

and offers high-quality municipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217.

♪ ♪ stuart: new york city mayor eric a also warns the migrant crisis destroy the city. madison alworth joins us now. tell us more about this warning, madison. >> reporter: stuart, we've heard him on this subject countless times by now, but by far this seems to be the strongest language that mayor eric adams has used, and it was one day before the first day of school. an exciting today for families across new york city, but it's already off to a rocky start because of the migrant crisis. thousands of migrants enrolled in nate's already crowded schools, teachers finding out today whether or not are they will have migrant students in their classrooms. this all happening after mayor eric adams gave that very stark warning about the current state of the crisis. take a listen to what he had to say. >> i don't see an ending to this. , -- this issue will destroy new york city, destroy new york city. we're getting 10,000 migrants a

month. every community in this city is going to be impacted. the city we knew, we're about to lose. >> reporter: very strong words from the mayor there, but a lot of attention today the on the schools specific create. according to -- specifically. according to the department of education, there are 30,000 migrants that are of school age. we're hearing around 21,000 could be showing up for their first day of class today. that's thousands more than initially anticipated. and the department of education is leaving it up to teachers to figure it all out. in a letter obtained by e the new york post, guidance on project open arms was sent to schools just two days ago. in the letter it tells schools they not turn students away based on immigration statuses and that it is up to teachers to figure out a language solution if hay do not speak their -- they do not speak their students' native tongue. the information thrust on schools is i dick the louse. >> schools are just trying to to the wing it, and i don't think

that's fair to anyone. the reality is, is that you need to have english as a second language faculty when you have students who need that kind of instruction. >> reporter: the other issue that is concerning parents is around vaccinations, and that's a really important one. all new york city students are required to be vaccinated against things like polio, hepatitis b, chickenpox. migrant students, they have 30 days to comply, so there is a real concern around health there. stuart? stuart: that's a time crunch. madison, thank you very much, indeed. relate me say thank you very much -- let me say thank you to david bahnsen. >> enjoyed it very much. stuart: thankful you recommended blackstone. my comoderaters for the second gop debate are here with a preview. vice president harris says she's ready to take over for president biden, but is the country ready for president harris? kennedy on that. thursday night football kicks off tonight. have we got the politics out of

sports yet? that's a good question. we will be back with the 10:00 hour. let innovation refunds help with your erc tax refund .. of her refund to build an outdoor patio. stop waiting. go to innovationrefunds.com clink! every day, businesses everywhere are asking: is it possible? with comcast business... it is. is it possible to use predictive monitoring to address operations issues? we can help with that. can we provide health care virtually anywhere? we can help with that, too. is it possible to survey foot traffic

across all of our locations? yeah! absolutely. with the advanced connectivity and intelligence of global secure networking from comcast business. it's not just possible. it's happening.

♪ stuart: tina turner.