ashley: we asked which city has the oldest thanksgiving day parade. lauren: i said it was because the turkey trot is there. that was buffalo. i'm changing my answer to philadelphia. ashley: so was a high. my first instinct right away, philadelphia. we will go with philadelphia. the answer is we are so smart to. it is philadelphia. we love us. the first parade was held in the city over 100 years ago in 1920. send your friday feedback. we want your thoughts about the show this week. it is one of those topics.

that is it for "varney and company". coast to coast starts right now. kelly: new details about the hostage deal after 46 days of combat, israel and hamas striking a deal for four day pause in fighting and exchange for 50 israeli hostages and 150 palestinian prisoners being held in his real, far from a sure thing. welcome, i am edward lawrence from the nation's capital in for neil cavuto. the question, can you trust a terrorist group like hamas to adhere to a truce? does this positive hamas a chance to regroup? this war is far from over. to lucas tomlinson who's following with the president, the latest. >> reporter: when president biden arrived in nantucket, in exchange for palestinian

prisoners, the white house releasing a statement saying, quote, i appreciate the commitment prime minister netanyahu and his government made in supporting a pause to ensure this deal can be fully carried out and provide additional humanitarian assistance to remediate the suffering of innocent palestinian families and gaza. the deal should bring home additional american hostages and i will not stop until they are all released. with reaction late last night. >> i do worry that as hostility ceased for short period of time that international pressure and pressure from the biden white house will only get greater, more significant to try to prevent israel from resuming its work to follow through on that commitment and eliminating hamas. >> 600 miles to the east of gaza us forces carried out another round of airstrikes in

iraq, targeting an operations center in a command and control building controlled by hezbollah. here's how central command describe the airstrikes as a discrete precision strike against two facilities in iraq, the strikes were in direct response to attacks by iran, irani and backed groups, going back to the deal of gop lawmakers that there is intense pressure from the white house on benjamin netanyahu to get those hostages free. >> reporter: glad you are inside. it's a monsoon behind you. >> reporter: something is fit. edward: let's get reaction from former advisor to donald trump victoria coates. extremely glad 50 hostages will get out but it seems when the biden administration get involved what is given up is

magnitudes greater than what we get, 50 hostages for one hundred 50 prisoners plus a four day cease-fire. what do you think of the deal? >> good to be with you. it is a double-edged sword. on the one hand we are all very happy 50 families are going to have their loved ones home over the jewish and christian holidays next month. we want them all home and this is an example how evil hamas is but we are giving up so much and i'm tired of these anonymous administration officials leaking get to the media that we put a lot of pressure on the netanyahu government, that's not what the world needs to here. even if it is going on. what they need to hear is unequivocal on the record statements from the united states that israel is our great and good ally. we stand unequivocally with israel and how moscow you are not going to wipe israel off

the map because we won't let you. edward: i talked to general david petraeus about this, listen to what he told me about having a pause here. listen to this. >> the biggest issue here is that this will undoubtedly provide some days during which hamas can reorganize, rearm, requip, reposition and so forth. hamas has to be feeling on the ropes to a degree and when you are on the ropes you need a pause, a breather and that is what they are trying to achieve. >> he added a pause has to happen to get the hostages out but are you concerned about the length of this pause? >> exactly. hostages could come out in a matter of hours if hamas wanted to let them and what we should have done here is allow israel to press their advantage and the deal for hamas would be we will stop killing you when you let all the hostages out.

i hope the government of qatar and egypt, both of which contributed to this negotiation are making it clear to hamas that any bad behavior on their part during the pause means this is the last pause and israel needs to finish this job, the united states should support them one hundred% in this. remembering how many americans were killed or held hostage, it is not just an israel problem so i think if we can get some international pressure not on israel but on hamas maybe this is okay but i agree with the general david petraeus, doesn't look good on the surface. edward: how do you get the rest of the hostages out, this deal if there's 10 more hostages released there will be another pause but how do you get the rest of them out? this could go on for months. >> that the other problem because you are not getting them all out, to set up a situation like this to happen

again, you can do five days for 50 hostages, this could go on for 25 more pause days for hamas, that's the real downside here, the president says he won't stop until he gets all of them out. does that mean he's going to keep pressuring the netanyahu government until he gets what he wants? edward: we will probably hear that the hostages been released, some separated from loved ones, they are still with the hamas terrorists so we probably won't get the full story from the ones being released about how they are being treated about what happened. isn't that right? >> yes, we had that with the previous couple hostages that came out who said they had been given medical treatment and been treated well for want of a better word but if your husband is being held by hamas you won't tell the truth about what hamas did.

so this is another public relations victory for hamas that they look reasonable on the world stage. edward: it is hamas surprise how efficiently the israelis have cleared the northern part of the city? >> that's the good news story. the israelis are taking this extremely seriously. they have what they need from the department of defense so far. i think we need to get that $14 billion of additional supplemental assistance for israel through congress and signed by the president as quickly as possible to make that commitment on the part of the us clear that we are going to make sure israel has what they need to finish this job and the administration which has a problem with its own state department which is heavily biased toward the palestinians they should get out of this, this is a war fighting exercise, not a diplomatic exercise, let israel finish it.

edward: yesterday the attack by irani and proxies was of short range ballistic missile, that in itself tells you about how iran is funding its proxies, this was an attack against us troops. the fact that it was a short range ballistic missile is an escalation of a device, doesn't it tell you how they are funded and what types of weapons they are getting? >> very. the administration is so concerned about escalation, they call their most recent strike discrete but the houthi firing off ballistic missiles and hezbollah firing up a list of missiles, these don't grow on trees in the region. they are being provided by the irani and so are training them to use them and the uranian's are responsible for this. you can't just give them plausible deniability for these terrorist proxies.

rich: we will have more on this, appreciate it. more breaking news to get to. pro-palestinian protesters gathered in union sq. alexis mcadams live in new york. how concerned are the police about this? >> reporter: they grow pretty quickly which we will get to in a minute. this is flood the streets for gaza. at union square behind me, turned from dozens and hundreds but he quickly so the nypd is on standby but we are short walk from the campus at nyu where they deal with more fallout after weeks of pro-palestinian protests. look at the screen. this is a letter from some alumni that pulled out of the university. nyu alumni club in israel, 2000 member group slamming the lack of response from nyu. until this university can protect its jewish students from the extreme rhetoric and

violence of faculty and student led hate groups using nyu's name this club suspend any cooperation with nyu and its institutions after dozens of pro-palestinian protests lead to accusations of anti-semitism and safety complaints and even a lawsuit by jewish students at nyu claiming the school refused to enforce the antidiscrimination policies and chants like gas the jews and hitler was right. governor kathy hochul says the rise of hate crimes against jews, muslims and arabs in new york is increased by 400% since the hamas attacks. >> new yorkers are afraid. if they have family or friends in israel and gaza and other places they are afraid for their safety. at home many people are wrestling with the fear for the first time ever sometime in their lives of being the victim of a hate crime. i wish i could tell you these concerns are misplaced.

>> reporter: governor hochul says they are doing everything they can to get things under control but it is not just in new york problem. it is happening at campuses across the country. watch this. [chanting] >> reporter: that the arizona state university, after the university canceled an on-campus event featuring a representative rashida tlaib who has been censured for a comment which house numbers on both sides say she's been promoted a false narrative calling on the destruction of israel and justifying the chants from the river to the sea as inspirational. live in front of the union square we expect to see those people show up shortly. we will keep an eye on how quickly and how fast it goes. edward: live in new york, virginia's attorney general demanding in a letter colleges

start protecting jewish students in the wake of anti-israel demonstrations. the letter says groups like students for justice in palestine repeatedly have demonstrations in virginia where protesters chant from the river to the sea, palestine will be free. the first amendment does not protect speech that is directed or -- directed to inciting or -- the attorney general joins us right now. where in your mind was the line crossed to take this action? >> october 7th was a moment we needed moral clarity. any country, any people that support democracy and human dignity, wasn't just an attack on israel, there were 30 one americans that died in this attack, a dozen are held hostage. one of the worst terrorist attacks on americans since 9/11. when we needed moral clarity, what we've seen on college

campuses is moral confusion. i would remind people particularly sensitive in virginia in 2017, a bunch of white supremacists marched through the campus shouting anti-semitic slurs, every college president condemned what happened in 2017 at the unite the right rally. now there is silence. it's not going unnoticed. if they are making statements, so many college presidents are making a moral equivalence. there is no moral equivalency here. hamas is a terrorist organization, no different from isis. so many students saying these slogans would be the first to be executed or thrown off the roof if they were in a hamas controlled area. the reality is right now we need our college presidents to step up and provide specific guidance to our universities of what was permissible and not permissible. these students that are shouting from the river to the sea palestine will be free

conveniently leave out, so does rashida tlaib, what will happen to the 8 million jews that live between the river and vc. the hamas slogan advocates a second holocaust. edward: you directed college and university presidents condemning the terrorist attacks but it highlights the alarm in your letter about the feelings of being threatened or unsupported. did you think you would have to take that step to support students on campus? >> know and i would remind our viewers that up until world war ii, germany was considered one of the most educated, quote, progressive societies, had more opera houses per capita than any country in europe, was considered an educated society, so tragically anti-semitism, which is this evil virus that erupts out of the darkness will

often erupt in areas seen by so many in the world as this very highly educated progressive group so that our point. if you think this rhetoric is in a vacuum, it is not. this rhetoric is at a stage where every jewish student i talk to on college campus, what they are describing is an atmosphere of fear they previously thought was unimaginable. they are walking to campus looking over their shoulder in fear. that is categorically unacceptable in our country. edward: students need to feel safe on campus. the attorney general of virginia. next, let's move on to severe weather, expected to snarl thanksgiving travel on one of the busiest days of the year. we sent grady trimble to dulles airport.

>> reporter: we are counting as delays are mounting. we will have more rhymes post everything you need to know if you are flying this thanksgiving coming up on the other side of this break. ♪ the day you get your clearchoice dental implants makes every day... a "let's dig in" day... mm. ...a "chow down" day... a "take a big bite" day... a "perfectly delicious" day... - mm. [ chuckles ] - ...a "love my new teeth" day. because your clearchoice day is the day everything is back on the menu. a clearchoice day changes every day. schedule a free consultation.

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edward: with the dow up one hundred 90 points, the day before thanksgiving all through the sky a storm system needs to fly. millions of travelers stuck on the ground as delays and cancellations mount and luggage can't be found. i can't take credit for that. that was one of the producers here but here is grady trimble. i dare you to rhyme the first part of your story. >> reporter: travel is going well and that is the story we will tell. i will stop with the rhyming now. our viewers have endured enough but it is going well at dulles this morning. you see how calm it is this afternoon. if you look at the departures board, a little bit of yellow, maybe four flights that are

delayed but the vast majority of flights taking off on time from this airport. the tsa says 2. 6 million people went through airport checkpoints across the country, that is right on the money with what they are projecting and the agency expects to screen 2.7 million passengers today. you mentioned the storm in your beautiful poem intro, that was a concern in the south and mid atlantic. it caused problems. 5,000 flights were delayed yesterday, 1500 flights are delayed across the country today. looking at the flight aware missouri map, it is looking better than it did yesterday. more green than there is red on the map and that's good news for flyers. probably explains why almost everyone we talked to today is in a good mood including someone who actually couldn't take off last night. the flight was canceled and had to stay the night here and fly out this morning.

look at the flyers we spoke to. >> absolutely empty. it has been awesome. >> you seem in good spirit having had a flight canceled. >> we are going to catch it back home or whatever. >> looks great. looks like it should be an easy day to travel. i talked to my apps and everything is on time. >> it has been perfect, no problems. >> reporter: all those people going somewhere before thanksgiving have to get back. that's why the tsa says the sunday after thanksgiving will be the biggest of the holiday travel period. it could be the busiest day for air travel in tsa history. they expect almost 3 million people to go through checkpoints across the country that sunday alone. it could be even more packed than it is airports across the country right now on sunday.

edward: hopefully your flight is on time. enjoy your holiday. let's bring in travel expert gabe sagliam. yesterday he saw cancellations and delays aren't as bad today but what should someone do even though that airport, dollars, might look clear, what should someone do as they plan to go to the airport today? >> happy thanksgiving and thanks for not making me run the onset of this segment but the more weather aware you are the smarter it is a, doesn't just mean the weather at your destination but weather at the airport from which you are connecting and i would like to look at conditions that hub airports. i want to see what's happening at the denver hub at the houston hub but because often a lot of these connecting flights, a lot of these initial take offs happen from this very

busy hub airport and it might be sunny outside my window but my aircraft might be stuck in some of these other airports. the more weather aware you are the better odds in dealing with situations as they come up last minute. edward: what rights do passengers have when a flight is delayed or canceled? >> we've improved the scenario in the last couple years. right now as a consumer who bought an aircraft ticket from a particular airline, you can request a refund even if the flight is canceled due to weather. that's easier said than done in the last couple weeks of the year, we want to get to our destinations. not as easy to say we want to go back home instead of getting to mom's house for that thanksgiving meal but at the end of the day that is an option. you can get the money back for your ticker baggage fees et cetera if the flight is canceled regardless of the reason. otherwise the airline will try

to put you on the next available flight even if it is on another carrier. edward: the last 15 seconds, you book direct, those connections. >> flying nonstop is a better idea, human minds the chance of flights being delayed. you heard big sustainability argument, versus one or 2 stops as well. edward: appreciate it. have a good day. and i on the primaries, republican candidate picks up a major endorsement but will it be enough to get the nomination? we discussed next. 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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>> reporter: we will find out come caucus day. ron desantis is bettinger big on iowa. a close contest with donald trump may change the outcome of the race going forward. desantis got a big boost after one of ioannis most influential evangelical leaders endorsed him. he told bret baer why. >> last friday's thanksgiving family forum he closed the sale on me. he was clear about we need a president who concerned two terms, not one. we don't need a president will be a lame-duck on day one. >> reporter: desantis pushes a similar message on the campaign trail and won the endorsement of iowa's governor kim reynolds, his campaign celebrate in the latest high profile a endorsement from the evangelical community writing we are thrilled to have bob and darla on our team, we are thankful for their friendship as we got to know them through the campaign, the road to america's revival starts in iowa and we will get the job

done. donald trump, the front runner in iowa is less than thrilled with the news accusing desantis of buying support. in a statement the trump campaign rights kim reynolds endorsement won't save ron desantis. meantime vivek ramaswamy is adding events in iowa even this holiday week when most are taking time off the campaign trail, telling fox this extra effort could payoff if people go to caucus in two months. >> we are well ahead of where the current media narrative is which is great for us. it allows us to shatter the expectations. >> reporter: iowa is a piece of the puzzle, a big campaign trail out there including in new hampshire, the first primary that will be held in january. chris sununu may endorse, that could change this race as well.

edward: they would be thankful. appreciate it. let's get reaction from sarah bedford. this endorsement from ron desantis, could it move the needle? donald trump at 46% of iowa % of iowa republicans according to the des moines register and nikki haley, desantis, 16%. will it move the needle? >> in a typical race where you have candidates at this stage separated by 5 or 6 points this would be a consequential endorsement. but when you have someone like donald trump who is 30 points ahead in the iowa caucus i don't think endorsement moves the needle that much. it is meant to help voters on the fence to differentiate but it seems voters have done that. edward: what's the path for nomination for desantis, nikki

haley or ramaswamy, what's the path? >> an act of god, not getting run over, trump being sent to jail with the indictments. i don't think at this point there is much to change the dynamics of the race. we had this conversation in may or june with entrances into the race like when ron desantis first got in the runway was limitless, no telling what the dynamics of the race would be, now that we are six weeks from the iowa caucus, hard to see the dynamics of the race changing. edward: head to head polls with president biden, donald trump left a head with president biden and nikki haley, head to head on desantis biden comes out on the short end of that. do presidential polls this faraway matter? >> doesn't matter in the sense they are not likely to be the nominee. nikki haley is unlikely to be the nominee. even if trump were out, ron

desantis is best positioned. in a sense it is a futile exercise to look at those matchups. the general election questions those hypothetical matchups, people know who president biden and donald trump are. edward: a lot could change next year. president biden is sitting on a war chest of $5.8 trillion that he signed into law and looks like democrats are setting up to trickle government spending out next year. a lot of it when people are starting to vote. >> donald trump and president biden could be two of the most well men of politics, not unknown quantities, even if both men raise hundreds of millions of dollars for ads. and they don't know what they think with donald trump and president biden, and don't know if those regular paces of going through the campaign will change people's minds.

>> the campaign should start positioning themselves differently at all to go against president biden, the primary is basically over? >> they've been doing that. they've been running a general election focused campaign and i would argue donald trump remained so far in the lead despite the fact he skipped the republican debates, he held himself out to be the front runner and continued looking ahead to president biden. edward: what is next for the other candidates. are we looking at a vice presidential race? >> there is hope that something could take trump out of the race, that he has 2 different that money to his defenses, legal defenses or another reason why, there's not really a reason to drop out until you

get through enough nominating contests that the delegate math doesn't make sense anymore but for candidates who have the money to continue there is no incentive to drop out until voting starts. edward: where do you see them dropping out? >> there three tickets out of iowa, two out of new hampshire. once we get to those races we will see drop outs. edward: thank you for the inside and happy thanksgiving to you. you can't all right a movie better than this. sam altman is back at open a i days after being ousted by his own board. what is going on next. >> i'll be back.

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>> the spending addiction, look where we are now as a whole in the holiday season. the holiday season is effective, we like instant gratification in the instant gratification is our spending addiction. lack friday is no longer black friday. it cyber monday, travel tuesday. black friday started two weeks ago with all these deals. it's no longer about the experience of finding that deal, it's how can these companies fuel as much money as possible into their pockets from people spending addiction. that's why markets are not necessarily taking a drop. rates need to remain higher because inflation is stubborn. edward: the market thinks the

fed is done rate hiking. the last forecast shows one more hike, the fed's favor inflation measure is flat at 3.4%. core inflation ticked slightly down but slightly down to 3. 7%. do you think the fed will be patient or will they go? >> they may be patient but it is not this meeting. it is next year. almost a 50% chance of a rate cut by march, somebody is very wrong. we have a rate cut by march of next year, something really bad has to happen by march of next year. people spending addiction, i don't think anything crazy will happen but one of the misconceptions that doesn't get enough focus is the fact of onshoreing, that is extremely inflationary.

that's outside people's spending habits and spending addiction. something to look at the next couple years which is inflationary. higher longer will remain, that is a good thing for some areas of the market, rate cuts are bad for the stock market. if we contain on the fed funds rate for an extended time that is a good thing. edward: can the consumer keep spending? we see credit card debt at record level of $1 trillion. how long do you believe the consumer can keep this up so that you see that through the end of the year, spending up but what happens in the first quarter, second quarter of next year? >> they lose their job, that the obvious but one thing i want to take a look at his credit standards. banks are tight with credit lending to small businesses, people's floating rate, revolving credit rates, we have

$5 trillion to go that people can max out their credit cards. $1 trillion of credit, 5 million to go. $6 trillion outstanding, floating rate is one trillion dollars, we could go to 6 trillion by the end of it, $5 trillion we could go, one thing i'm taking a look at is these credit card companies, bringing down people's credit limit is a telltale sign they are worried about the economy. edward: december usually a good month for the markets. all the s&p companies releasing earnings, they beat estimates, 60 one% of those reporting beat estimates by a full percentage, what's the downside? >> this is the santa claus rally. every one knows the santa claus rally the last five days of the

month, heads to the beginning of the two days of next month. the fact that we know this already means it got advanced. we are in the santa claus rally. the downside is we put forward so much in gains. all the gains in the market came from multiple expansion. it did not come from earnings growth. next year we are projecting 12% earnings growth as well as more expansion into next year. the downside is over the past three years with addiction to debt, addiction to instant gratification in the markets and people catching up on their performance, the risk to the downside is we priced in everything that would happen and good things too. these things are priced in. edward: happy thanksgiving. the comeback kid, sam altman back at the helm after being fired by the company's aboard which is been replaced. susan has the details.

susan: only took five days. there was enough backstabbing and chaos worthy of a silicon valley episode. open ai is a leading artificial ai company. it's important who is going to lead it. sam altman being reinstated as chat gpt opened as the ceo. and reached an agreement in principle for sam altman to return to open ai as ceo. a new temporary board with the former twitter board chair who went head to head with elon musk, you think that name looks familiar, he's brought on. larry summers, former treasury secretary, will stay on as well. as part of this deal, altman wanted a new board after his shock firing by former members on friday but doesn't himself got a board seat. they look to add as many as six

new directors on board. microsoft will get a seat and microsoft's ceo tweeting he's encouraged by the changes to the open ai board, he loves open ai and everything over the past two days has been in service of keeping this team and its mission together. part of this deal, the company will investigate allegations that altman wasn't always candid with the board and we still don't know what those are at this point. this is a big deal in silicon valley. the reason we are talking about artificial intelligence over the last year, 90% of the staff written to walk across the street to work at microsoft so did you want to put ai in the hands of big corporation or possibly be led by a visionary? money wins in the end and capitalism works. edward: if i walked out the door i think the mouse would

follow me. i appreciate it, thank you for that insight. time to check with brian brenberg and "the big money show" to see what is coming up at the top of the hour other than great hair. brian: american colleges have gone woke exposing our major universities putting diversity ahead of merit. a big our coming up, joined by kevin o'leary and brian kilmeade. but first, more coast-to-coast. [ "i'll be seeing you" by the five satins ] ♪ ♪

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hellomedicare licensed insurance agents. and say hello to an easier way to do medicare. stuart: brian: ford scaling back plans for battery plant as demand disappointed labor costs rise. we get the reaction from tom who says ev demand isn't quite there. when will the market be ready for the transition? >> this is typical politics. should be ready, aim, shoot, they do ready, shoot, aim. they start a process and put mandate in place and the consumer is not buying into it. new jersey came out with a mandate that one hundred% of

vehicles sold in new jersey have to bev by 2035. it is if no one is analyzing this, 500 dealerships in new jersey generate $18 billion of revenue, bringing in one. $5 billion in sales tax, people who don't want evs are going to go over the border, try them in new jersey. it is not helping them. edward: what are people looking for when they come in? >> they want to gasoline vehicles and they want hybrids. hybrids are the new tesla. they want hybrids because they get range out of these hybrids. you don't have to build every structure or put chargers in your house or search the roads to have a charger because you have a gasoline engine as a backup. the way the business works is a is an evolution. the government is trying to shove it down the consumer's throat camera having

manufacturers spend trillions of dollars and it is not happening. the infrastructure, the power grid is not there. edward: going too fast? >> too fast. new jersey has to spend $3 billion to build infrastructure, you're going to lose one. 5 billion in sales tax and they are offering $1.5 billion in ev incentives. they have a fiscal crisis, it smells like bankruptcy to me in the auto world. edward: others don't have the density of trying to get to in ev station. appreciate your insight on this. a good debate. more coast-to-coast after the break.

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