ashley: i hope you been thinking about it before the break which president made thanksgiving and national holiday, lauren simonetti, your best gas. >> i am guessing a bramley can number two. ashley: very good, i have no clue. i'm going to go with william mckinley, let's reveal the answer, the answer is, you did not guess, you knew, abraham lincoln is the correct, well done. the idea was put forward by president washington but not made an annual holiday until 1863, ring one for lauren, check the market very quickly all on the upside as we have been since the opening bell, can we continue through to the closing bell, our time is up, guess what "coast to coast" starts now.

>> still ahead on "coast to coast" the commander-in-chief celebrating a birthday but as he gets older, younger voters are getting eager for a change, alarming poles overshadowing the birthday celebration. oil prices define expectations going down instead of rising over the israel war, why the budget administration says now is the time to speed up the move away from fossil fuels. a big lineup to cover all of the news with robert knew nana way, exclusive interview with to reserve thomas parkin and florida republican michael waltz, let's get started right now. >> welcome to the show out of the nation's capital i am edward lawrence and for neil cavuto this holiday week. first to the nbc news polls, a year out from the election but

big warning signs flashing for president biden, let's go to fox news white house correspondent peter doocy digging deeper into the polls. ashley: happy birthday mr. president, we got you, new polls, the first one nbc news has biden to donald trump 2.546 points, then when you look at young voters biden is trailing 42 - 46. the trend continues to be away from biden in the two weeks since he claimed that his polls are actually good. >> why do you think your trailing trump in the swing state polls. [inaudible] eight of them i am beating him. you guys only do two, cnn and new york times, check it out, check it out will get you a copy. >> david axelrod who helped get biden elected his morton down the new york times, he is a 50/50 shot, no better than that,

maybe a little worse he thinks he can cheat nature it is really risky, they were real problem with to win for them. i remember hillary doing that, president knows he cannot do anything about his age and he tried and tried again to convince voters he is a young 81. >> its agenda legitimate to raise issues about my age, all i can say is watch me. people have to watch me. watch me. >> a few minutes ago when he was pardoning the turkeys he said this is the 76 annual pardoning of the turkeys that he was not at first one. edward. edward: thank you peter, hopefully you get some cake from the white house i appreciate it, a lot to achieve one with the polls, we have a big panel to help us, bob cusack the hill editor-in-chief, gop strategist and doug shown a democratic

strategist and pollster. since you are here with me onset as the president lost the energy of the younger voter, the pulse at 18 - 34 -year-olds would vote for president trump, 46% - 42%. >> these numbers are very tough for the president. also when you factor in the israel hamas war that is also launched enthusiasm among young voters specifically democratic voters. depending on what poll you look at 30 - 33% of democrats would like to see another choice but it's getting late in the game, i agree with david axelrod, joe biden's underdog in this race. edward: let's turn to joseph, is it the voters don't like his age, his policies, is it the way the president does a hop when he gets on marine one, what is it that they don't like? >> it is all of the above i think it starts with the policies, the things that affect people every single day, the economy that is not working, the

fact that we had a 29 year high for auto default and savings accounts for everyday americans in this region. you turn to main street usa dealing with the fentanyl crisis they told us a figment of our imagination and the migrant crosses under crisis all across the country. everything after that is partial in part of the story of a failed presidency, the fact that he struggling to get up the stairs of air force one and the fact that the peers he's lost a little something off of that. edward: when you look at poll after poll where president is underwater is there a little bit of panic, he heard what david axelrod was saying is there's a little bit of a panic inside of the white house. >> i think there is i think they expected that they would continue to be even with or slightly ahead of former president trump in the numbers with younger people i am afraid in their mind and certainly my mind is a harbinger of the challenges that they face,

younger people are sensitive to inflation, the cost of living, the uncertainty in the world as well as the age issue and the fact that we are in conflicts that appear not to be resolving themselves and as wars go one, unfortunately presidents get less popular, there is definitely real concern in the white house. edward: we are still a year out, the 2022 midterms use all republicans up poll after poll and something happened to the election-year democrats urged, can we see the same thing this year is that a concern you have a president sitting on billions cash that he signed into law left to spend. >> i think we have to remind ourselves that one fact and politics data people vote based on how they're feeling, the realities impacted their lives. these polls do not tell us much

about what there is to look like a year from now. in fact i believe the reese is much closer and perhaps not favoring president trump, i think you have to look at who is releasing the polls and the drumbeat it appears to be on the left from some to jump president biden out of his race, there is plenty of time to see where this goes including some of the issues, the energy policies that young people are looking for can we have an american first american policy that makes sense in the strategic petroleum reserve to push their way through midterm, all of that is in front of us, long way to go. edward: is that right do you think these polls are meant to push out the president bringing new blood or is this related to these issues? >> i think it is related to his issues and i think the issue of hunter biden corruption in ways of these numbers, joseph is right is a close race i don't

count president biden now but there's a drumbeat among democrats which had not existed until recently that the president should consider stepping down. that is the real game changer now. edward: let's finish with bob, this is a year out duties really matter what were looking at this far out or because of the president's age because of what people are seeing in the economy is that where it really matters. >> i think it matters for strategy, clearly democrats are struggling even though they came off of a good election both in 2023 and 2022, they still have abortion we have a long way to go but joe biden has to run on his own record and if you look at his economic numbers that is troubling and as i democrats are saying maybe the president should talk more about abortion the dichotomy because he has been able to turn around the perception of the economy. edward: you think the election hinges on the economy. >> i do he has to improve those numbers or is not to win a second term.

>> bob, doug, of course joe, thank you very much, the war in israel is a big issue for the administration, benjamin netanyahu and his work cabinet said to me with families of hostages held by hamas but israeli leadership divided on how to handle the hostage deal as pressure builds to get them out safe, president biden heavily involved pushing for a cease-fire that is longer to get the hostages out. trey yingst from fox has the latest from southern israel. >> good afternoon i want to start with some good news amidst the horrific story over the weekend within that 31 premature babies that were being treated at gaza al-shabaab hospital were evacuated to the southern part of the strip, we're learning today the 28 made it into egypt where they will receive further medical to enter treatment this is correlated by the united nations and the palestinian red crescent with the help of the army, the army continues to operate inside of gaza and the

lc for hospital, they are making new discoveries at the main medical facility and overnight released a new video indicating that two of the hostages were taken to the hospital on the morning of october 7 according to cctv footage, they are thai workers and we are not showing you the video out of respect for the families but the revelation raises new questions about the what the international organizations operate within the hospital knew about the hostages. overnight the israeli military and the security agency released a new video the tunnel network beneath the medical facility, the shaft found on the hospital gown is 30 feet deep with the staircase, connects to 160-foot tunnel that ends with the blast door, the israelis expect to find more as they keep digging around this area as the idf pushes deeper into below gaza city there are new regional concerns about iran and its proxies climate and unstable escalation ladder on sunday the who the rebels hijacked a cargo ship in the red sea the ship

called the galaxy leader had no israeli civilians on board and was traveling from turkey to india when it was intercepted a lot of developments on the southern front but we also know over the past 48 hours dozens of rockets have been fired by the lebanese militant group hezbollah into northern israel. edward. >> incredible reporting over the past several weeks, stay safe and keep it up. the pressure mounting let's bring a flood of republican congressman michael waltz who is no stranger to pressure, congressman is it enough to get israel to agree to a pause in fighting and is that the right tactic to get the hostages out? >> to the extent that we still have americans held hostage which my understanding we absolutely do then i think it's completely appropriate for the biden administration to have a voice at the table, however, broadly speaking get out of the way and let the idf do what they

need to do to eliminate the threat. i don't recall anyone lecturing us about cease-fires in the wake of 9/11. we made the decision that we made to eliminate al-qaeda which is still bubbling out there. at the end of the day israel cannot live with a terrorist organization capable of killing thousands of its people right next door and every time president biden that lectures the israelis about human rights rather than brightly pointed out the hamas committing war crimes by conducting military operation out of civilian centers then i think it sends the wrong message to iran and send the wrong message to hamas backers around the world that this administration is going to get weak knees when the going gets tough. edward: do the pauses help hamas? >> you have to get some level of humanitarian supplies but when

were talking about five, nine, ten days cease-fires in exchange for hostages, hamas is going to trickle the hostages out, and continue to influence international opinion in the broader peace we've seen a heavy russian and chinese hand behind hamas propaganda on all types of social media, television and other types of platforms around the world. i think ultimately it does work in hamas favor and let the idf do what he needs to do to secure israel's future. edward: we saw the iran back to see group that hijacked a cargo ship and it's not it is really ship, there were no israelis on board the ship is this iran testing that administration, what is going on. >> this is where the biden administration can most help

israel that's a complete reversal on the iran policy you need to reinstate maximum pressure as long as iran is flushed with cash the foreign currency reserves have gone from 4 billion to over 30 billion just in the last two years, it's going to feel the proxies. 10 - 15% of global shipping flows by the who they controlled areas as it flows through the suez canal at the bottom of the red sea. when the who they use as you see the video from this operation this was a sophisticated aerosol on a moving ship by the who they military this is not a ragtag operation, well-funded and well trained by iran that is attacking global shipping not just in the streets of hormuz and the persian gulf but the suez canal this is very serious and this administration has to take a tougher line on iran.

edward: we saw 61 attacks by iran back proxies and only two responses so far from the u.s. is this enough to deter iran or is iran ignoring what the u.s. is saying? >> as long as we conduct pinprick attacks on iran's proxies that is a good deal for the iranian regime until iran feels the pain and will raise costs financially or military or otherwise on the regime itself that is only way deterrence and peace will be restored. edward: before we go to change subjects i would get your take on president biden invoking the defense production act on friday over heat pumps wartime authority allows the president to divert money and direct the industries to build heat pumps, the energy department placed $169 million in private company money to get private company money to build factories for heat pumps, we are not at war, what do you think about this?

>> i have real concerns this sound like centralized government economic planning one thing to do if her ventilators in the middle of a pandemic but we see how well this worked on ev's where we basically have the ira for cvs on the car industry and now they have to shut it as they take tens of thousands of dollars of losses per vehicle, you have to let the free market drive these decisions and i have serious concerns about using hundreds of millions of taxpayer dollars to for something for an ideological reason not an economic or national emergency reason. edward: thank you, congressman watts from the great state of florida, this debate will go one, still ahead investors like what they see when it comes to inflation but one major player on the fed says don't let your guard down the federal reserve president and ceo joins me exclusively after the break.

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the market hitting about and wall street banks on signed that the fed is done hiking rates thomas barkin is a voting member for monetary policy next year thank you for joining me the market said the fed is done hiking and believe a hundred basis point cut next year. where do you stand. >> i don't think this is a big time for forward guidance on rates i'm reacting to inflation and if inflation takes up that makes the case to do more, to come so naturally it does not. we will see what happens to inflation. >> do you believe your scene inflation come down naturally, pce is at 3.7% per quarter and 3.2% were 3.4% is that slowing that you would like to see is that it.

>> the overall in the core numbers are coming on nicely if you look underneath them you will see a lot of goods coming down at a time with brent and services are still out some is that his paybacks during the pandemic era, i'm in the market all the time, you've been out with me and i like to do a little exercise were ask a group of small bees under businesses in the chamber of commerce would he do with prices, were an place for half of them are telling me that they're taking prices a bit higher than precode levels we will see if that actually happens but that's what i'm hearing on the ground. >> the fed chairman said rates will be higher for longer regardless of another rate hike or not how long in your mind is higher for longer. >> it depends on how the economy evolves in particular demand and inflation certainly i don't have an objective of how interest rates to be up or down my

objective is maximum employment and stable prices. i'm focusing on getting prices back to the 2% target and if you can get convinced that's where were headed that takes the pressure off of rates, in my mind it does not start with three sister to the inflation. edward: what are the markers a number on inflation or is there a number on the unemployment rate of work has to be, what are the markers? >> i think inflation is convincingly coming back to target you can get there in a lot of different ways but am looking to be convinced that price setters in this economy have gone back to where they were three or four years ago which is an understanding above normal price increases were not a management level. >> why does the market believe the fed when they say higher for longer and you're going to tackle inflation, the market seems to believe not only are you done this year but there will be cuts next year is their

problem, what is the disconnect is a forward guidance, why isn't the market believing what they are hearing. >> we've been having this conversation for well over a year markets have been pricing in rate cuts faster than a lot of the forecast in the fed i prefer to think of it as a different forecast in the economy. if you're more optimistic on inflation that i am or more pessimistic on the court economy maybe that lead you to a different path, i tell you what i think, i see inflation being stubborn and that makes the case for me for being higher than longer other participants in the market have different forecast. this is not the market leading the fed you guys would raise rates or for a rate increase should you see in the data regardless of the volatility it would cause. >> you assume that markets when it see the same data that i'm seeing. by the time you get to that point a lot of data will common

even before the next meeting all round of all the data. the data comes in we adjust that's what you see what happens in 2023 and i presume that's what you see in 2024 as well. edward: you recently said the it could cause another labor cost pressure, what was the first-round that you saw and are you worried this is a wage price spike that were starting to see? >> i would not care to raise it with all the wage pressures that came during the shortages of the pandemic where we are today is professionals it feels very much like the economy that we had before covid you had layoffs and a lot of support in overhead functions and big tech companies and the like, the skilled trades that's where your scene a lot of wage pressure in after aftermath and hearing people say that having to face questions is this going to happen to my shop to,

we will see where that lays out. obviously people look at other companies and wages and they also look at prices when they look at wages we will see where it comes up i'm not seeing a big following at scale yet lashes something to keep an eye on. >> i know you had somewhere to be, let me ask you this how we hit the soft landing have they nailed it or are we not quite there yet. >> it's bad karma to get so far in front of yourself, i think the data has come on in a nice way over the last several months the economy is still growing and employment is still 3.9% and as you shared a little bit ago inflation seems to be settling, all that is good but the job is not done so you have to keep on until you get the job done and will see where we land. >> in 30 seconds or less the stronger gdp does not give you pause that all going forward the numbers are remarkable in the

third quarter but on the ground i'm not hearing that in exodus publicly of course what i'm hearing is a normalizing economy, good way to look at it year-over-year consumer spending and retail sales those numbers look much more like trend numbers than the frothy numbers in the third quarter i'm just assuming that their quarters are payback for a week spring and i'm expecting a much more normal set of gross numbers going forward certainly not what we saw in the third quarter. edward: president thomas parking thank you for your insights. spot on. very important voice in the market. thank you for your time. edward: microsoft hiring a giant and artificial intelligence world after the unexpected firing now opened a.i. may have the door open for massive staff exodus, where things stand after the break

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edward: major drama going down in the tech sector as microsoft scoops up a.i. sam altman after the ceo is ousted by his own board. as we speak a.i. employees are staging a revolt of their own. susan li is here with the very latest. >> this company makes chat gpt that's why we've been talking about a.i. artificial intelligence over the past year, shocking board room coup that shook silicon valley over the weekend we have ceo cofounder sam altman blindsided, fired by a video link friday the open a.i. board said he was not consistently candid in his commute occasion with the board hindering his ability to exercise its responsibility,

numerous theories as well the circulated on why exactly sam altman was fired that includes compex of interest with altman's other private a.i. ventures, also concerned that he was pushing speed and profit of a.i. products ahead of safety considerations, there were talks this weekend to bring back altman as ceo even tweeting this photo of him with a guest badge on sunday at open a.i. headquarters, this morning microsoft confirming they have hired altman another senior open a.i. executives of microsoft ceo tweeting that we are extremely excited to share the news that sam altman and greg brockman together with colleagues will be joining microsoft with a new advance a.i. research team. microsoft is the biggest a.i. investor and they put in $12 billion, the first person to actually invest or donate at the time to open a.i. was elon musk. he tweeted it's very important for the public to know why the

board felt so strongly about their actions if it was a matter of a.i. safety that would affect all of earth. more intriguing, 500 of the 700 open a.i. staff threatened to quit enjoyed altman and microsoft, they want the board to resign and all men to be reinstated, even the alleged coup leader said he regrets the board's actions and wants to reunite open a.i., i was at the apex ceo summit, sam altman was speaking the day before he was fired and yes a really profound future predictions for a.i. sadie will create a decade of scarcity to abundance and a.i. will be more advanced i can only imagine a year from now. edward: thank you susan i think the regretting that. let's find out policy director at the heritage foundation cara frederick joined me now, this alister is adding turbulence the 30 in the crosshairs of the

white house and congress, what was this all about, do you think a consultant check gpt before making the move. >> it they did but i don't know if it was the right thing. this was at the heart of all of this is a fact that there was a highly unusual arrangement between the commercial for-profit arm in the nonprofit, we note it was created as a nonprofit so we can help gender safe and beneficial artificial gender intelligence of the nonprofit routine governance power over the for-profit commercial arm detention center existing there, elon musk got to the heart of it with a.i. safety potentially. >> i wanted to ask you about elon muskie is controversy in himself with wendy retweeting, what happened and what was he thinking. >> a good point this is his platform he says free expression should be available as long as it doesn't break the law he is known for firing off the midnight tweets et cetera. he's been but we good on all

sides from the biden administration bringing lawsuits from the media matters in his words trying to gain his own system to put him for heightened scrutiny for his advertisers. a big problem i do think it's worth reminding people he said i'm not in a somatic in the tweet that i retweeting he's making apologies for that kind of thing. edward: now we hear internal calls for his outstanding, did he take a step too far this time or is this one more of the things he will overcome. >> i think he will overcome it, there has been people at the gates trying to bring him down because he came out so vociferously for free speech and freedom of expression, he said of taken a hit, my profits have taken a hit but i'm doing because i believe it is ideological it is going to have enemies in the good keep going but i think you get through t this. >> in the last 152nd should he apologize.

>> i think erd did he justified his own actions and he said don't take this the wrong way, elon is going to keep elon's peabody good way to point it. i appreciate it. colleges across the country and try to get a handle on anti-israel protest on campus and they are getting much help from progressives in congress. more on that in hear from the mit grad student who is fighting back ♪ ♪

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>> welcome back to cavuto "coast to coast" i'm alexis adams in new york mark protest on college campuses across the country another large protest scheduled at columbia university later on tonight, we saw the pro-palestinian valleys pop up, some colleges like columbia are

taking action they have actually kicked some of the groups that support palestine off the campus saying hate speech but they're fighting back saying they have the right to be here and speak up, take a look of your screen some of the protests we've seen in the past few weeks from columbia to nyu to harvard we've seen a lot of action student group showing support for palestine had been booted off the campuses including students for justice in palestine the group suspended from columbia the move comes after the pro-palestinian valleys have continued in some groups displayed anti-semitic messages buildings in the jewish students at the universities have filed dozens of safety complaints and even pretty major lawsuits, number than 20 elected officials from new york including congresswoman alexandria ocasio-cortez demanded that columbia university reverses the suspension of the groups saying it's not making the campuses safer including this statement saying in part we support the universities stated desire to maintain an atmosphere that is safe and free of hate but suspended the student groups based on the pre-tax safety does

opposite students at columbia college on the university to reinstate the groups. watch. >> aside from one stand takes of the genocide happening in gaza it is a really chilling thing to happen in america that is student group would be disbanded for planning a protest. the university of michigan 200 pro-palestinian protesters forced their way into this administration building in ann arbor saying they made it clear the demands to protest have to be heard, back out here live we can tell you the protests will start later on tonight they're expecting hundreds of students rally in support of palestine. >> thank you alexis mcadams, joining us mit graduate student who is banding together with other students to command anti-semitism on her campus and working to better the prospect were better protect jewish students, thank you for being here, full disclosure my brother

went to mit so i'm familiar with the campus, can you tell us what you've experienced on campus? in. >> absolutely thank you for having me i will start by giving you the recent background of the anti-israel campus a little over a week ago the anti-israel club invited embedded outside protesters who were violent in boston to join them and blockading the main entrance for over 12 hours and mit did not disperse this violent group instead jewish students were told to avoid the main entrances to the classes and offices and to take side entrances and said so the pro-hamas in random outsiders can freely spew the genocidal hate speech which as you know draws parallel that were used to justify thousands of years the prosecution. it seems like these groups are prepared to protest pretty

quickly, where you think the donations are coming from and why do you think there's organized. >> are anti-entering anti-israel club does not disclose her membership or where they get their money from. although this club is an mit sponsored club they have affiliated bank account in mip funding we don't know where they get the vast majority of their funding. >> quickly and 152nd, what is your next move. >> we had numerous talks of the administration and we sent them a letter which was signed by 1600 mit students and alumni and it can be found on the instagram page at mit underscore underscore ia into has requests that we perceive as a reasonable know mit has yet to agree on any of these. >> we will keep located checking on this one, i appreciate it, thank you for your time. now let's check in with brian brenberg in "the big money show" to see what they have coming up

at the top of the hour. >> rapper cardi b is slamming the new york mayor for his proposed budget cuts for cops, john catsimatidis was all hands group that met with him, what you want will find out at one but more "coast to coast" after this. ♪ or moments that matter, but you can invest in them. at t. rowe price our strategic investing approach can help you build the future you imagine. t. rowe price, invest with confidence.

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edward: oil prices rising but lower than the start of the work surprising many analyst let's begin our favorite expert on all of this senior analyst and fox news contributor phil flynn, why has oil not spiked given the war in the middle east right now. >> very simply, despite the fears of the greatest disruption in 50 years we did not lose a drop of oil, a lot of people thought we crackdown on iranian oil exports were disruption in hormuz, data that happen, right when the war broke out everybody price in the worst case scenario and when it did happen now we have the opposite impact that now people are pricing in no disruption to oil probably any time in history.

edward: i want you to listen to this the president's top energy advisor, listen to what he told me on thursday. listen. >> the president believes we can do what we have to do on production of oil at the moment while accelerating the transition so we could decrease the demand not due to covid or lower economics but rather a strong economy that reduces demand. he is pointing to an oil increase in production to the u.s. in two wars that started under president biden which is not spiked prices which is beyond today they want to accelerate the transition away from fossil fuels and what are your thoughts. >> i think i it's dangerous game the only reason we have a seat major price spike is because the u.s. energy producer was producing record amounts of oil,

i tell you clearly to the people that i talked to in the industry and i know you talk to the same people there not to continue to make those investments in this environment where we have all the regulatory uncertainty. >> that's exactly right. thank you i appreciate it we will get back with you on this as you are all things oil. i want to switch gears the prices of turkey may be dropping but that doesn't mean this thanksgiving dinner will not be pricey with because for a lot of other holiday staples remaining high let's get to read from goya foods ceo robert unanue. thanksgiving dinner is not going to be record cost but higher than prepaid demo are you still seem on food prices? >> happy thanksgiving is great to be with you, elections have consequences, even fake ones this country has been destroyed back in 2008 grain prices

tripled and they went back to double basically were at that point again we talk about oil 89% of the people are afraid of inflation we talk about oil but if we had president trump an office there would be no wars there would be no inflation basically we had oil go to 125 he brought it back down now or at 80 think it is great but it should be at 40 oil should be at $40 a barrel. >> i tell you under former president terms of administration oil prices average $54 a barrel there averaging $83 a barrel under this administration i would ask about the prices, 17.7% increase since the month president biden took office are people getting used to higher prices?

>> is greater than that transportation went ten times it's back to double or triple and you still have oil as the baseline for our economy but were not out of the woods yet food prices california production of tomato india is not exporting rice there the greatest exporter of rice because of drought and things like that mexico were having problems all over the world with food issues that 30 baked and it's not 70% are business it is like 50 the price of cans went up 64% this added inflation is due to all of that and terrible administration. it's not only on the working class and fossil fuels it is a war on the spirit i heard you said briefly that they want to bring in and usher in more oil

more with china and everyone else while we reduce ours and they continue. what javier becerra said we need to increase the production line bringing more of the children across-the-board, this is a war on spirit away from god in the war on our world and our economy. >> i would get your take on this millions of people are taking ozempic to lose weight you think that's a factor in the reduction of the amount of food purchased for the thanksgiving dinner, do you think that will play a role? >> i think ozempic and all the issues and mental health were experiencing our kids don't value themselves and we don't value each other and we don't any point from beginning to end and all this were on the holy spirit is killing our spirit and depressing everyone so we need to move back to god and bring our country back and bring it to

john donald j trent. i appreciate it. robert unanue, i use the seasoning with the pepper, that's a little extra spice to put it on the hamburgers, i appreciate it. thank you very much for your time. we'll have more on "coast to coast" after this. ♪ ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. go deeper with thinkorswim: our award-wining trading platforms. unlock support from the schwab trade desk, our team of passionate traders who live and breathe trading. and sharpen your skills with an immersive online education crafted just for traders. all so you can trade brilliantly.

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>> i hereby pardon liberty and bell. alright, congratulations birds. >> the turkey are writing the gravy train granting the liberty and bell so these lucky guys can live to see another thanksgiving