3.1. and it is only 7 foot. the title goes to turkey, 24 years old. thank you for participating in this. >> we covered big ground too. stuart: quite a show today. thanks. the speaker nomination continues. what you see is the speeches, nominating speeches which are underway on the house of representatives. a lot of selling following the president's presentation in israel. i think that was the problem. the problem also is the price of oil which is going up and interest rates which are also going up. that has affected the market. what's going on in the house, nothing going on on the market

that we can see so far. that is it for "varney and company". coast to coast starts now. david: voting about to get underway for another attempt to elect the house speaker. this could be congressman jim jordan's last chance and as the u.s. congress flails, sirens in the middle east blair. airstrikes rain down on two of israel's borders as president biden meets with top israelis during his wartime visit. did he convince israel america has its back? we begin in our nations capital with hillary vaughan who has the latest on the house speaker mayhem. >> reporter: the nominating speech for jim jordan as he approaches the second going being elected speaker after he had 20 vote against him. jim jordan can only afford to

lose four republicans. yesterday he lost 20. we will look at if he was able to turn the tide and convince 16 of the people who said no yesterday to say yes today. if jordan does not ultimately succeed in this vote. a few options being discussed behind-the-scenes. there could be an effort to try to empower patrick mchenry so that he is able to do more in his temporary speakership, giving him authority through the end of the year so the house can avoid an impending government shutdown in november and get paid that is needed to israel as they are in this war against hamas. there's an option to immediately close talk closed-door caucus meeting, and a different option, who can get to 217. there's been a lot of names,

none of them would get to 217 at this point. everyone is in a predicament. the other thing is democrats have indicated as high up as leader jeffries they may be willing to work with republicans to give mchenry that temporary authority. if republicans can't get on the same page they mark work -- they may work with democrats to come up with the consent supposed ultimately we are looking at 217, seeing if he can vote with 16 who voted against him today. back to you. david: let's move to carley cooperman. the wall street journal editorial page for which you had a solution or partial solution called nobody for speaker of the house. i will quote from that editorial. one option is to pull the

patrick mchenry emergency lever, just to say temporarily expand the speaker pro tem's remit to cover a limited agenda. mr. mchenry doesn't seem to want the job and at this point what sane person would but he is well respected and could be convinced to do it for the good of the country. in your editorial page even if that does happen won't it showa fecklessness on the part of republicans? >> we are showing the fecklessness. anyone is better than no one. since they toppled speaker mccarthy with the help of democrats, it has been chaos. compare this with nancy pelosi, right before she left she had a

three seat majority, got the president's infrastructure bill theroux. she was able to retain power and control even though she had a small majority herself. that' s a lesson for republicans if they want to get anything done. as the editorial states, wanting to be speaker in this environment is like wanting to be the fifth wife of henry viii. the track record is not good. david: a good comparison. how will democrats play this dysfunction with house republicans in the coming election? >> democrats know the republican party looks week, showing poor leadership, it's not going to help them in the upcoming election, democrats also want to see the house govern again with the budget,

the upcoming government shutdown with aid that needs to go to israel. democrats have every interest in trying to get resolution so the government will be running again but they won't let voters forget this next election when it's time to decide whether they want to reelect republicans. david: on the other hand, there is enough dysfunction in the world to be emphasizing that from the republicans point of view. foreign policy is one thing, a lot of that could be argued and will be argued by republicans. out of the president's economic policies particularly with regard to energy. >> that's true but all those arguments are weakened by not having a clear republican voice in the house in which they hold the majority. when you are fractured you got to act to gather or hang

separately. a few self-indulgent members putting their abstract interests over the interests of a party having a leader, having control and pushing an agenda. republicans control one half of one third of the government and they have to make the most of it and this is not making the most of it. if this vote fails i don't know where they go. may be they go with the idea we laid out in the journal today giving more power to the speaker pro tem but it is not a good look. david: you do have a voice in the republican party that still creating this chaos in the house, that's donald trump who is emphasizing some of the failures of the biden administration. when in particular, a tweet it was called back then from

president biden in may 2020 when he was running for presidency saying two years ago donald trump withdrew from the iran deal, vetoed a war powers resolution that would have prevented him starting a war with iran, his decisions increased the risk of war in the middle east. you know that's going to be used by republicans to throw in the face of democrat if trump is the nominee. >> absolutely. we are watching to see how biden's leadership in israel plays out, any american's staunch support for israel, we know a lot more will happen in the coming months and we are going to see america and the biden administration continue to really back israel, and all of this and in terms of what's in front of this, and what's happening right now, the house

does not have the speaker or leadership to govern. david: divisiveness with regard to israel and whether or not israel's message concerning the bombing of the hospital in gaza. thank you so much. really appreciate you being here. prime minister netanyahu and the families, fox news correspondent mike tobin live in southern israel with more on the president's visit. >> reporter: the time the president went wheels up sundown, a flurry of activity in the gaza strip, rocket fire coming out, airstrikes going on all day long and we've listened to artillery fire. i call it light based on what we have seen in days past, more rocket fire fired by hezbollah.

the prominent job of the idf, the israeli defense force trying to counter the narrative that was israel's response to the explosion. israel has backed up some video that has come from surveillance cameras in the area in which you see rockets heading in the direction of israel and a large explosion in the foreground, according to what we know so far even the us right now, officials say they believe the rocket fire came from islamic jihad that cause those civilian casualties. the idf released and intercepted phone call between two hamas operatives acknowledging islamic jihad caused the explosion.

>> hamas checked the reports. and islamic jihad rocket had misfired and decided to launch a global media campaign to hide what really happened. they went as far as inflating the number of casualties. >> reporter: we never got a hard, fast number, only that civilian casualties were in the hundreds. the number of palestinian civilians killed since october 7th according to the palestinian health ministry is over 3400. despite the new information, the narrative that it was israel's fault took a hold in the immediate minutes following the explosion at the hospital and despite the evidence, it

continues to incite anger in neighboring states. david: thank you very much. let's get reaction from former policy advisor dan seymour. we have forensic evidence from the israelis, the arab world will ignore or discount it as misinformation. you have a question what possible tactical advantage would it have been for the israelis to fire on hospital in gaza, nothing but unite the arab world. >> israel in every hostility that averts casualties, avoids civilian areas. if it has to happen when there are civilians, wanting to flee before the attack, hamas has a lot of history of coal locating

offensive military capabilities in hospitals, in un schools and other civilian areas, civilian shields. david: the worst kind. dan:and they have their war rooms in hospitals in schools and that serves two purposes. it is a deterrent because they know how much israel values human life. they get intelligence of military capabilities or military personnel in that area and if israel does believe it has to strike we get the pr benefit of getting a bunch of civilians which we blame on israel so it's used to the playbook. in this case it was different which the palestinian islamic rocket that was a misfire. david: what we see on the left side of the screen, voting has just begun, we had the vote to make sure enough people for the vote in the voting is underway and we keep you up on what's happening throughout this vote.

jim jordan lost by 20 republican votes. we will see what happens. the president today clearly stated he was inclined to believe the israeli version of what happened. let me play that tape. >> president biden: we mourn the loss of innocent palestinian lives, like the entire world i was saddened by the enormous loss of life in gaza. based on the information we've seen today it appears the result of errant rocket fired by terrorist group in gaza. david: a lot are interested to the degree to which the president is siding with historic allies, concerned that pressure from the left particularly the squad would prevent that. what does this do for the democratic party? there is a split between progressives and the president. dan:the american public seems

overwhelmingly supportive of israel and the washington post paul 80% of americans cited with israel. when the american people look at a conflict and see the forces of barbarism versus civilization they know which side they are on, they are not on the side of forces that are beheading children and burning people alive, raping women and kidnapping of them. they don't want to be on that side, they want to be on the side that's fighting that. that has been israel, it's important for the president. he is genuine, a man who has taken his grandchildren to concentration camps. he sees what is happening to the jews, like being subjected to nazi like behavior. it creates in fishers, narrow part of the democratic party. david: i have to ask about iran. if there's any winner, hard to imagine a winner of this devastation, they wanted to split, any kind of alliance between the arab world and

israel from the abraham accords, saudi arabia was close, there is no hope in the immediate future of getting further in that. and an oil embargo wouldn't hurt the iranians, no loss for them but a big loss for saudi arabia so will they be successful in continuing to split the arab world? >> israel's response is strong. it demonstrated cannot get pushed around by what everyone thought was a paper tiger. a bunch of guys in pickup trucks, they did push israel around in a scary way and if israel pushes back hard and eradicates hamas it counterintuitively increases the likelihood that we can have these normalizations because saudi arabia hates hamas.

is a threat to saudi arabia. they want to see israel wipe hamas. david: there's a question about hezbollah. the saudis hate hezbollah. the world is in a discombobulated point and a lot of it has to do as i mentioned before with some domestic policy decisions on energy but got to have you back. let's look at the markets. it is finally weighing on the markets, rising tensions weighing on all of these, the dow is down 200 points, nasdaq is down even more, treasury rates continue to rise. more on all of this, as coast-to-coast continues after this.

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i suffer with psoriatic arthritis and psoriasis. i was on a journey for a really long time to find some relief. cosentyx works for me. cosentyx helps real people get real relief from the symptoms of psoriatic arthritis or psoriasis. serious allergic reactions, severe skin reactions that look like eczema, and an increased risk of infections, some fatal, have occurred. tell your doctor if you have an infection or symptoms, had a vaccine or plan to or if ibd symptoms develop or worsen. i move so much better because of cosentyx. ask your rheumatologist about cosentyx. david: the vote is ongoing, second chance for jim jordan to become the speaker of what looks to be a very this unified republican caucus in the house. 43 for jim jordan, two

republicans voted, no sign mccarthy would take that job if offered, 48, the democrats will vote for him. jordan can afford to lose four republican votes and still be elected speaker. growing tensions in the middle east weighing on markets. looks like they are dealing with it, picks up some steam, snapping a 3-day winning streak. chief market strategist kenny pol polcari, looks like the middle east more has caught up with the markets. kenny:geopolitics don't

typically price in the long term but does provide short-term chaos when the market rallied and again overnight we see the temperature heat up, raising the temperature, the markets are feeling that pressure. morgan stanley, the opposite the other investment banks, you have this level of nervousness that continues to rise and that makes some sense, causing anxiety in the markets. david: the dow is down 246, another big concern. if iran pushes for an oil embargo, it led to a terrible recession, misery for americans. what happens? >> pleasure to be with you. we are seeing bad policies from

the biden administration coming home to roost and this is hitting the markets, markets don't like uncertainty and that is what we are seeing not only in the united states but across the globe and interest rates are up to the highest level since 2007. we will see this happen as the policy is a failure from the biden administration, israel and hamas and all the things going on and what's happening in russia and ukraine. this is a week economy, fragile in so many ways, we see that in the marketplace. david: the marketplace of middle america is still in spending mode, building up credit card debt but still spending, we see pretty good retail sales numbers. does that give you hope despite this chaos we could avoid a recession? >> i'm on the opposite side of that.

i think the number is higher. people are spending more to purchase more and to keep up. inflation ravaged them, retail sales numbers are skewed. i have to spend more every month just to maintain. i'm not in of that camp where i think it is bullish. it negative. to your point people are using their credit card to stay afloat, not a good equation. david: we are going to hear from jay powell at the fed. this is probably the most insignificant moment as we focus on a potential war in the middle east for some news from him but could it affect markets in any way? >> any time jay powell says something will influence the markets, the influence the federal reserve has. a massive balance sheet of $8 trillion.

that money has to go somewhere. investors are watching as well. you have a lot of debt and consumer debt, people worried about what happens to the balance sheet and interest rate going forward. his words will matter today. david: can we go back to the house race? it reached a critical point in the voting. jim jordan lost his chance, 20 republican votes, there were four votes. he cannot afford to lose more than four republican votes, two for ozempic team, the rest for jordan. we are going to hope to get chad pogrom, there it goes. we just saw the fifth republican vote against jordan. two for ozempic team, three --

jim jordan has lost his chance again to become house speaker. five republican votes against jim jordan, enough to scuttle it. i want to get back to you. what could happen, they could convince enough republicans to vote present to lower all the overall threshold by which jordan -- that is the one possibility jordan has now. does that affect markets? the dysfunction of the speaker race? kenny:it completely affects the markets because there's a lot of negative news. this is another piece of negative news. i'm disgusted by what's happening in dc. it's beyond me how the party is fighting to kill and destroy

themselves. the negative data out of the house is going to weigh on markets. david: you have experience in the political realm. it is extraordinary with all the chaos in the world let alone the chaos in our country, the economic concerns about energy that republicans can't get their act together. bill:we are having this dysfunction all around us. i've been praying those across the globe, we've got a lot of uncertainty. influencing main street. this will lead to more problems if something isn't addressed soon. i hope we can get a speaker. this is important for republicans to push growth and prosperity and liberty for the future instead of this dysfunction. ultimately for families pocketbooks, we've got to get

something done quickly. david: he couldn't leave because he wanted to watch the vote. our editorialist for the wall street journal is here, bill mcgurn, the wall street journal coined the phrase inside the beltway. these folks inside the beltway are so caught up in their own little bubble that i am wondering if many of them realize how this looks to the world at large as we go into an election. bill:looks terrible. this has been a terrible situation hitting them hard and they -- their constituents will say what is going on in dc? they know it is bad already but this is making the situation worse. going into a president election in 2024 they've got to get their act together or they will have some tough races along with the presidential race.

david: you've ever been shy about talking about politics. the house of representatives in particular never registered high on the concern of americans. their lack of respect for it is historic. for decades, they are below 20% in terms of being a respected institution. this kicks it down a couple notches. but i'm wondering if whoever the presidential nominee is from the republican side can rise from this dysfunction and win an election in 2024. what do you think? kenny:it will depend how this plays out. if this fails and jeffries takes over it will be a hell of a 2024 race because the gop in general will have a hard time convincing anyone they should be allowed to be in control. this is amazing what we are

seeing and i am completely disgusted by it. david: if a democrat can win the role of speaker in a republican majority house, that would be extraordinary. more likely that patrick mchenry will be the one. we will take a short break and come right back. unless enough republicans vote just present and lower the threshold for the speaker, jordan has lost the second one. more coast-to-coast right after this. ♪ i have type 2 diabetes, but i manage it well. ♪

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david: the voters on. jim jordan appears to be losing

a second speaker vote. 210 votes in, he is lost 8 republican votes, four fa for scalise and four fa for mccarthy who said after losing their bid that they didn't want another try at it. he has 104 votes. we have chad pogrom to guide us through what is happening on another tense day. as i understand it, if enough republicans vote present, they could lower threshold by which jordan could win. is that the only chance jordan has to win a second vote? >> nothing is final, you don't know what the magic number is until you get to the end of the roll call vote and know how many members cast ballots -- ballots by name. so so the presents would not vote against this but jim jordan is not going to be elected speaker on this roll call vote. he's bleeding support.

we heard he might get more people to vote against him. mike kelly, and the former speaker of the house, a number of voted for kansas miller who used to be a representative from michigan. jim jordan does not have support. this increasing conversation whether they can adopt a resolution and empower patrick mchenry to be the speaker pro tem. they would give him the powers of the speaker so they could reopen the house and legislate. they've not been able to pass a resolution to deal with israel and fund the government. david: that is a big problem. so many are wary of taking

oppose edition fraught with disaster, that he wouldn't take the job if offered and extended the period by which could be pro tem speaker. >> reporter: he has been quiet about that. i tried to get a question on that and when you're in that position, to show interest to that, this is in the route we should go. he's keeping a pretty straight poker face. it was believed patrick mchenry would only step into the void, they are into a crisis right now, it's been two weeks since they had a house speaker. the reasons they don't get going on legislation, the other thing is democrats say there's a point when patrick mchenry became speaker pro tem after kevin mccarthy went away, he is limited in his powers. a lot of democrats might embrace this because they might have dodged a bullet in having

a conservative speaker, in jim jordan they would rather have the devil they know versus jim jordan. david: they love to see republicans twisting in the wind, they have to balance that desire as well. it is not over until it is over and we will let you know as soon as the voting is completed. we will switch gears, the fallout, job offers from ivy league students, revoked anti-israel students, and cutting out spending over schools responsible for protest. grady trimble joining us from arizona state university. >> reporter: college students across the country organized pro palestinian rallies and protests. some universities are facing criticism for not taking a strong enough sense against

anti-semitic comments students are making. at universities including and especially the ivys stand to lose quite a bit of money as a result. more billionaires are cutting or threatening to cut donations to the institutions for not doing enough to combat anti-semitism on campus. in a letter, computer scientist and venture capitalist david mag er is a man, i refused to donate another dollar to pen. there' s no one action anyone can change that. i'm not asking for any actions. you have shown me who you are. vice president kamala harris, who stopped at northern arizona university as part of a college tour is weighing in. she answered cautiously when a row palestinian student confronted her about the war. >> i believe israelis and palestinians both deserve peace, deserve self-determination, and deserve

safety. it is important to recognize the distinction between a terrorist organization, hamas, and the palestinian people and civilians. >> reporter: you mentioned that prestigious law firm, davis paul, they confirmed to us they are pulling job offers from students over comments, statements, or letters they signed on to about israel saying they were not in line with the firm's values. david: cornell professor is demanding an apology for the school's mistreatment of him following his could a schism of the black lives matter movement after a colleague was praised for the terrorist organization hamas. william jacobson joins me now to share his story. before we go into your circumstance, i want to play the comments after the terrorist attack on october 7th

and after we receive horrendous reports of the butchering that had been inspired and carried out by hamas. roll tape. >> hamas and the palestinian public. hamas has punctured the illusion of a disability. it was exhilarating. it was exhilarating. it was energizing. if you weren't exhilarated -- it challenged the monopoly of violence that is shifting. i was exhilarated. david: that was just despicable. he said over and over how

exhilarating and exciting it was to see hamas's terrorist massacres. has anybody asked him or has he given an apology for those statement? >> no, he is completely defending himself and standing by those comments. they were slow to react to this. they offered a tepid response. only after mounting pressure and media attention did they mention him by name. that is in contrast to how he treated other people including me in the past. david: what did they say to you and criticizing black lives matter? >> after george floyd and the rioting, i criticized the rioting and looting. another professor in the chemistry department criticized that. we were met with immediate reaction from the administration.

the university denounced the chemistry professor, the law school denounced me, and against rioting and looting, we were standing up for peace and we were quickly denounced by name. you have a professor who stands up for violence, who feels exhilarated by the mass murder, mass torture, mass rape of jewish israelis and other israelis and the university is slow to react. it shows how ideological things are on campuses. david: think about how students lives and minds are being distorted by what they are hearing from professor many of whom are idolized by the students. do you think the university can reform itself or do they need the pressure of donors and alumni? >> they need the pressure dramatically. i don't think they are capable of restoring or if the

universities are capable of reforming because this ideology is so deeply embedded. david: we have a videotape of this professor saying these horrible things and he's not apologizing for them. how many other professors are saying these things in private or in front of classes? william:his viewpoint is shared, not the majority viewpoint but there's a core group in cornell and elsewhere that bought into this revolutionary ideology as regards israel and directed to the united states. it is definitely present. we have a terrorism supporting problem on campuses that universities refuse to address. david: i wonder what parents think, putting up 60 grand or more. best of luck to you and what you are doing to set the record straight. time to check in with jackie deangelis and "the big money show" antsy what they have at the top of the hour show.

jackie: president biden visits israel, joey jones is here to talk about what happens next on the ground. with anti-semitism raging, talk to the berkeley law professor urging firms not to hire anti-semitic students. more coast-to-coast after this.

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david: the arab world reacting in protest after hamas blamed israel for the hospital explosion in gaza. the president of the united states believed it was not israel. it was inerrant missile coming from gaza. alex hogan has the latest. >> reporter: violent protests breaking out across the middle east. this was a scene from beirut and lebanon where for the second day protesters just on the outskirts of the us embassy arrived and met with not only teargas but water cannons as security forces try to push back and tensions escalate, the state department approved of the departure of some nonessential workers and their families from the area.

the us has issued a level 4 do not travel advisory to lebanon that includes the border with syria and israel. protests are underway in jordan, hundreds marched through the capital and demonstrators rallied outside the israeli embassy. the next clip is from yemen where demonstrators gathered, fueled by rage over the blast at a hospital that killed 500 people in gaza. these latest scenes we are getting of the damage in gaza, chard buildings, blood on the streets as people are count for the losses of life and hundreds of people who would be injured. hamas is blaming the military but israel says it is a misfire of an islamic jihad rocket. the doctor there is pleading for end to this war.

we are seeing protests across much of europe and the middle east, more protests erupting, there is one underway in turkey, anti-israel protest outside the israeli consulate. david: here is station chief officer dan hoffman. great to see you. the soviet union had misinformation campaign, a lot of peace movement in the 1980s. since then, i've never seen anything like this. we saw what was happening in beirut, lebanon. in turkey, the source of a lot of this misinformation and the massacre itself, jordan, iran,

baghdad, air rack, and the hospital explosion whether that came from israel and good evidence it didn't come from israel. also misinformation after the massacre after eyewitness accounts and video evidence saying it never happened. >> actually, it's fertile ground for the latest touch of disinformation. in the region and beyond, there such predisposed bias against israel. that is what we are seeing, this bombing of the hospital is a harbinger of things to come. if israel takes the fight to gaza and we see a blood ground offensive it doesn't matter what the facts are. that will be lost in translation and we will see massive protests across the region and that is why egypt

and saudi arabia, no love lost between those countries and hamas which is an offshoot of the muslim brotherhood. they are happy for israel to do the dirty work and 118 hamas but don't want to pay the price in the minds of their own citizens. david: you said it doesn't matter what the facts are. facts are the first casualty in any war but we've never seen this much distrust for information in my lifetime as a result of the loss of confidence in agencies like the cia. how do we fight disinformation if people are so cynical? >> i'm not sure we are going to win that battle in the region with the populace writ large. the biden administration has got to do everything they can.

i wrote a column at fox news this week to own the narrative, own the truthful narrative, encourage our allies to earn some spunk in the region, in the golf to call out hamas for the brutal terrorists they are. that the challenge. i'm not sure we are going to win and the sort of reaction we saw in beirut but it starts with our own congress. we had one particular representative jump to a conclusion who's responsible to that without any facts. david: she hasn't withdrawn despite the evidence. so far the bigger picture is that iran appears to have won the battle. their main objective, to destroy any alliance between israel and arab nations, they won that battle, haven't they?

>> the greatest enemy of the palestinian people is hamas, hezbollah, iran. right now iran is winning out and the for away from iran, exploiting the proxy militants and terrorists under their control. iraqi, militant groups and terrorist groups, that is how iran projects power and are now or state with a ballistic missile capability that should worry us and you are right to call out our iran policy for its failings, and failing to secure the region. david: was it appeasement? is that how we are dealing with iran? >> reporter: we are on that path. that's not where we want to be. we need to show some strength. david: thanks so much.

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david: markets are down, so many reasons there's chaos in the middle east and the dysfunction in congress is continuing. in the second vote for speaker, jim jordan appears to have lost that vote.