stuart: rescue me. ukraine aid, a bit of a stretch but i will get past this. good morning, 10:00 eastern. to your money. it is down 16, nasdaq is up 20, not that much movement and mixed market, 10 year treasury yield coming down, still coming down, 4:16 is your rate. oil checking earlier at 68. bitcoin last time i checked 41 and change, $41,420 which moments ago we saw hunter biden speak after he arrived in dc, he left that public speech, got into his suv and drove off, and

if that's the case, he would be charged with contempt of congress. we expect to speak to representative comber who is chairing the committee, take you throughout the day. that to the news, now this. july 2022 a congressional hearing, senator josh hawley is questioning kiana bridges. he asked her if a biological male can have a baby. she replied even asking the question incited violence. it was at that point i realized how intellectually weak our colleges have become. not just intellect a weakness but the ideological straitjacket they have imposed. not allowed to even think outside the welcome box. they are not universities, they are propaganda palaces. we assume they are also smart. that is how we arrived at those disastrous hearings when the

president's of ivy league colleges couldn't bring themselves to condemn the genocide of jews. it is all about context. if there were carlos to harm blacks, someone would be out of school and in prison. here's where the ideological straitjacket comes in. you can be publicly anti-semitic because jews and delete ideology are professors, in an institution where everything is based on race and gender, there's no room for debate, intellectual conformity to impose divisive culture is where we are now. it has got to change, donors won't give, parents won't pay, students won't attend an employer's won't employee. remember when trump said i love the poorly educated? he had a point. second hour of varney just getting started.

liz peek is with us. am i being too harsh? liz: you can't be too harsh. harvard does a survey of faculty. ae% described themselves as liberal or very liberal. there are other categories like moderate which you hope a lot of people fall into but they don't. two days ago, not a single conservative thousands of people on harvard faculty, this is not a small survey, hundreds and hundreds applied to the survey. 30% said they would didn't want to hire any conservative voices on campus to dilute their influence, and this is the direction these universities have been going full tells, and

they are gone. you put your finger on it, they are so smug, so arrogant and one of the things that came out in that hearing, was they were condescending to congress. these are faculty members, presidents of university but who do they think they are? recently the faculty wrote thousands of members of the faculty said they, they didn't want gay to lose her job due to outside influences like the board, like alums, etc. . they have all the answers, they are in this little cocoon of wokeand ess. what i fear is this is going to blow over and all the faculty members will stay in place running the university and they

have no interest in changing anything, parents won't let their kids go there, doubt that very much. we will see. they've lost some money but the money they are losing aren't moms whose kids are applying here, they will pay up. at all these schools, something more profound has to change, you begin to wonder if they should lose their government grants, they don't want to fund a bunch of woke ideological, anti-american people who were condescending. stuart: democrats will he wanted to have trump to run against. they wanted him to be the republican candidate but now i think they are scrambling. they are not so sure. >> it is a big surprise. they have done everything

possible to make sure trump is the candidate. low and behold he may beat president biden. it is all about the threat to democracy, he is going to -- joe scarborough said he would assassinate his political rivals. the hysteria is unbelievable. they are looking stupid and we all know it is because they have nothing else to run on. stuart: for more they come out with this dictatorship, the higher trump's marks. liz: without a doubt because it look so foolish. stuart: we will run to the iowa call later in the show. again 8 points in a month but if you're into that paul, first-time caucus goers give him 63% support up from 49% in october. liz: other polls had the same thing. people who never voted, it is interesting.

stuart: glad we are in agreement. liz: today is a special day. stuart: black voters made a crucial block, are both biden and trump having trouble with minority voters? liz: no one wants a biden/trump rematch. that's with the polls keep saying. one in 5 black voters say they would vote for someone other than biden or trump. really bad for biden. in 2020 he got 92% of the black vote. it hurts president biden on the battlegrounds like georgia where there are a lot of black people. you know what they are, democrats most reliable voting block. these polls are telling us they are on enthused and unconvinced. the same paul find 70% of black voters back trump. getting some of them.

it is an increase. stuart: 8 minutes passed the our. some red coming down. it is down. a tiny bit of green, nasdaq up 35 points. tori wiley is back. give me your projection for the markets for 2024. >> we have a full risk, tight spreads, market saying the fed will cut rates, not sure i agree with all that but it is a risk. there's a chance it could be up. as long as we have an external event that causes us to go into recession which is possible. i am guardedly optimistic. stuart: won't have any trouble being in stocks going into the new year.

>> wouldn't over allocate but people might think this is a bullish sign, you have to maintain your big tech our location. that's where the earnings expansion is. not the s&p, earnings are not expanding, on the expectations. it is only in big tech. if you want to outperform as a manager you not only have to be in big tech but you need to pick a couple to outperform the others or get back behind. stuart: what's a couple big tech pics for you? >> i like fundamentals and diversification, microsoft, than the riskier one would be in video. you have to be in nvidia. stuart: i told everybody i have a thin slip, you are not tailoring your comments to my benefit. >> recommended on here before. stuart: microsoft is 30-75 at

the moment. are you allowed to make a projection on individual stocks? >> yes, yes. i think it could outpace the others and it is more conservative for the same reason. massive margin, massive positioning, diversification, no other company in big tech can rival microsoft. what are you doing tomorrow? >> working -- stuart: don't worry about it. thanks for joining us. it is a twang. stuart: in boston. >> central texas, east texas.

stuart: about imitate this, looking at the movers. >> they expect multiple bids at $40 a share, they will meet to discuss of them. stuart: airbnb. lauren: $6 million to settle an alleged evasions that came from italy. they did not get enough income to pay for the italian income, they are selling stocks up. stuart: got it. neil: wells fargo initiates with a buy in a $49 price target on the upside of 16%. they see a large untapped advertising market. stuart: some republicans say ukraine may need to cede territory to end the war? they have the suggestion. russia expert cia guy deals with that.

president biden trying to reign in israel, benjamin netanyahu needs to change his military tactics. mark meredith has that story from the white house next.

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(dog bark) it's simply fresh meat and vegetables, with all the nutrients dogs need— instead of dried pellets. just food made for the health of dogs. delivered in packs portioned for your dog. it's amazing what real food can do. - [speaker] at first, just leaving the house was hard. - [speaker] but wounded warrior project helps you realize it's possible to get out there - [speaker] to feel sense of camaraderie again. - [speaker] to find the tools to live life better. stuart: hunter biden did not appear for an investigation, jim jordan and james comber are speaking now. >> an open format now, and you need the facts, the every investigation i've been involved in, you bring people

in for an interview behind closed doors and get those facts, we would love him to come up, the reason he couldn't come for a deposition, that is going to happen in a few hours. we think it's going to pass, the house of representatives will go on record in power that solely resides in the house, we will see what their excuse is then. once we take that vote, we expect him to come in for his deposition and frankly we will also look at contempt proceedings as we move forward. >> wanting to separate deposition, one change to hear from him. see if he's willing to sit. >> every one i have been involved with from clear back to the irs targeting

conservatives to benghazi to the impeachment, you do it in a way where they come in, this is what the democrats did, don junior had to testify twice in a deposition setting, two different committees but that doesn't apply to the biden family, not how it works in our country, supposed to be equal treatment, the same treatment under the law. >> mr. biden said his father had no involvement in his business dealings period. how do you respond? >> that's not whatever archer said. there were phone calls, meetings, dinners, you name it, you know what happened with burisma and ukraine. to the december 9th timeframe, he conditions american tax money on the firing of a prosecutor. to the executives a very company. we know those facts. >> he said he never met with any of these people. that was the narrative before this investigation, now we know he met with every single one of them.

the president hasn't been honest about his associations with these people acquiring millions of dollars to hunter biden and the biden family. every american has a support question, what to the bidens reserve $10 million from our enemies, that a simple question. >> you acknowledge you found no evidence of wrongdoing? >> we found serious evidence that -- there's two checks to president biden from his brother that the money was influence peddling. you asked a question. >> where are the loan documents? >> you don't understand those documents. i do. if i wrote you, if you pay me back $240,000 for a loan repayment, i should have a check. >> the law firm that

represented the shell companies that they represented all shell companies. what do you think? you are defending him. are you positive that that money came from joe biden? you really think -- we have a lot of questions. >> are you going forward with contempt? >> a process you have to follow, we will begin looking at that. lawyers for the judiciary committee will move in that direction but congress asked you to comment. >> last thing, we also failed checks from one of the shell companies. they said that -- everything -- why did hunter biden have an opportunity -- >> you guys leaked from hunter biden's laptop. i would like to go to that

violation, sex trafficking across state lines, that would have been a good question you don't seem to care about. >> are you going to call on the sergeant at arms to enforce the subpoena? stuart: let me take you through the series of events. hunter biden did show up in washington dc, made a public statement about what he had been up to and his father was not involved in his business. he was supposed to be there for a closed-door meeting, he didn't go. got in his suv and drove off. subsequent the chairman comber and jim jordan held a brief q and a session with of the media where the president was described as not being honest, and jim jordan said they are going to begin looking at contempt of congress charges against hunter biden. this morning has been quite a revelatory. the biden campaign and hunter biden are shrouded in scandal

and that will go on for some time. we will keep you informed. x -- next case. the war in ukraine, listen to what else president biden had to say during yesterday's meeting with zelenskyy. >> president biden: putin is banking on the united states failing to deliver for ukraine. we must, we must prove him wrong. a clear bipartisan majority of people across the united states and in congress support your country. they understand as i do ukraine's success at its ability to deter aggression in the future are vital to security. stuart: a former cia guy in russia joins me now. is putin winning at this point? >> momentum is on russia's side. when putin lost his invasion two years ago he was trying to seize the ukrainian capital, take as much territory as he

could. that initial effort failed and that's a substantial accomplishment for ukraine to fight off a larger and more capable neighbor but right now momentum has shifted, ukrainians attempted to recapture territory russians were holding earlier this year. the counteroffensive failed and russia is wearing down over time ukraine's ability to send men and munitions to the front lines. stuart: additional aid to ukraine is held up, probably won't happen until the end of the year. if they don't get the money are they going to lose? >> i think over time, yes. i don't think that will be immediate but we will feel sometime next year the effects of that. stuart: we are told some republicans are saying zelenskyy has to seed some territory to the russians. zelenskyy says that insane, not going to happen. if you want to get some kind of

peace, is seating territory going to have to happen? >> the ukrainians are not going to get on the negotiating table what they failed to capture on the battlefield, but the key to ending this war, striking a deal with the russians, is not territory. it is ukraine's geopolitical neutrality. if ukraine is willing to see it is not part of nato in the united states is willing to agree to that, that would be the basis for that. stuart: do you think biden is pushing for settlement? >> i doubt it. what he's trying to do is play for time, string the situation out through the election in november so he doesn't get bad political news. of the when the chances that zelenskyy and the ukrainian troops winning, pushing russian troops out of the territory they occupy? >> i think this past summer was their chance to drive russians off of that territory. they failed to do so.

their there chances will not improve in the next year. stuart: thanks for joining us. seems the white house is signaling it may be open to more border security. what are they saying? ashley: good question. the administration is willing to support a new border authority to expel migrants without asylum screenings and dramatically expand immigration, detention and deportation. according to cbs news, those concessions are being considered to try to convince republicans to back the aid to ukraine. the measure basically would revive the trump era title 42 pandemic order that allowed officials to pause us asylum law without a public health justification. biden trying to sell $100 million package that includes military aid to israel, taiwan, and ukraine, republicans condition any further

assistance to ukraine to policy changes at the southern border that continues to see unprecedented levels of crossings. that may be concessions from the white house, believe it when i see it. stuart: congress is taking action against ivy league presidents refused to conduct anti-semitism, the house will vote on a resolution calling for the presidents of harvard and mit to resign. florida just launched a task force to crack down on organized retail crime. the attorney general of florida ashley moody spearheading the effort and she will be joining us right after this. ♪ (adventurous music)

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i stand by these promises. as a fiduciary, i promise to be the financial steward that you and your family need. i promise to put your long-term financial well-being above any short term transaction. everyone has a big picture. my job is to help you invest in yours. [announcer] charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com i'm with disabled american veterans i was wondering if you had a quick minute to thank america's veterans for their service and sacrifices. sure. all right. well, come on in here. i'm just going to hit record on this. i would like to thank you from the bottom of my heart. the men and women who serve this country. we appreciate you. i hope you know that. i appreciate you, one love. i've had a lot of people thank me for my service, but since i've gotten back, there are people who've served me

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we'll send you this dav blanket as a thank you and a reminder of the support you are giving to our nation's greatest heroes. thank you. thank you. thank you for supporting and believing in me. please join me in making sure this vital support never stops by calling now or donating at helpdav.org. thank you and god bless you. stuart: on the markets mixed picture, dow is down 15, nasdaq 36. what with southwest airlines? >> they are raising their holiday quarter fuel cost forecast. flying all those planes full of all those people is more

expensive for them. demand is not rewarding investors, stock is down 10%. the fourth year in a row shares have fallen. you said you never want to be an investor in an airline or cruise line. stuart: have a look at ford. they have been downgraded. lauren: battery electric vehicle weakness is the tip of a melting iceberg as affordably constraints. stuart: i see pfizer way down, 26 a share. is that a 10 year? lauren: the covid shot, the covid treatment not popular. how do they get more revenue? buying their growth with expensive acquisitions, expected to close tomorrow. stuart: we talked about this yesterday.

liz: i know someone who got covid two days later for her very first time, got every booster and got covid pretty bad. stuart: enough of this. another good story. chicago gang robbed a jewelry store in broad daylight. what happened? ashley: surveillance video shows four armed robbers entering the jewelry store in the middle of the day just as the customer is leaving, they jumped in the door is the customer left. once inside the thieves smashed glass cases, grabbed the goods before jumping into a getaway car, no one was hurt. it is not known how much they got away with but the store owner says i may close my business and also says she would like more support from the chicago police who have yet to identify any suspects. it's coming all too familiar.

stuart: but that. ashley: i forgot this, 9667 robberies so far this year. you can see from the graphic on the screen, it is up $2000 from last year so it is getting worse. stuart: thanks. florida just launched a new task force to take on organized retail crime. lieutenant general of florida ashley moody joins me now. welcome back to the show. tell us what you are doing to crack down on organized retail. what's the strategy here? >> when i got into office i realized what was happening in big urban areas around the nation and you had once great cities thriving and prospering becoming shells of their former selves and if you look at what is happening, it's this exponential increase in organized retail theft secured

from businesses, one hundred $12 billion in loss, you hear from residents the don't feel safe going in and shopping because you have these organized thieves coming in and ransacking, violence is attached to that. so what you have to do is chill up these paces. it's too two fold, you have to build up these cases in charge organized retail theft and the way you do that is engaged with not only the retailers who will trust you to give you the information and work with you but engage with local law enforcement and make sure you are getting the boosters and here is where the problem comes in, the boosters are the thieves that take everything as you make up the ladder, the organization sells millions of dollars in items and that is where the real money is. it starts with getting the boosters so you can build these cases which we have done, we

just busted 20 different retailers were affected, 9 different jurisdictions, $20 million but you have to have local law enforcement willing to go after local thieves, boosters and that's the base of the organization and here is where these big cities are failing. the top five retail theft areas, the top two rla and san francisco. then you have new york and seattle. what's the common element? they are there police are not going after the boosters, executive leaders, mayors, attorneys general are not supporting them and encouraging them and rocking them up to do so. and 2 you get that you won't make a dent. that's why florida is different. stuart: florida state university was denied a spot in college football playoffs this year. you are suing the organization on what grounds?

>> first time ever that a power 5 conference champion didn't get a spot in the playoffs. unprecedented. at least one of the members said i will use better language, oh my goodness, i can't believe we have to do this. it sucks we have to do this. why are they saying that? you've seen such concentration of power in the conferences. this affects individual conferences, schools, networks so we haven't sued anyone. we just started a pre-suit investigation. we've sent a civil investigative demand asking things from the national playoff selection committee and an expedited response. this was shocking revelation to the world that you had one of these champions not make it. everyone knows it wasn't right. it didn't sit right. what was done behind closed doors in these meetings people just want to make sure the winners wouldn't picked in a

board room, with unfair competitive practices and let them compete on the field and that is where the competition july. stuart: where they snubbed from the playoffs on purpose? >> i think we will find that out. are investigative demand, requesting a document that shows communication, vote tallies. all that you can imagine and that is what everyone suspects. stuart: there's a high school in broward county, find $16,000 after they allowed a transgender student, biological mail, to compete on a women's volleyball team. is that against the law in florida? >> governor ron desantis has been clear that girls need a fair competition space that should be respected in florida. our legislature passed that law. that has been laid out and state law, our agencies are following suit.

stuart: $16,000 is defined. >> i think you are going to see the playing field for florida girls is going to be levels and that is what our legislature and governor desantis insured in our laws. stuart: ashley moody, thank you very much for being with us. thanks. coming up. artificial intelligence used for everything these days including scams. how criminals are targeting shoppers with chat gpt. growing number of postal carriers have been attacked on the job, 2,000 attacks in the past year. another symptom of america's crime crisis. casey steagall has the story right after this.

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is down 12, nasdaq up 46. washington dc, chairman comber and jim jordan talking about handling the hunter biden inquiry. watch this. >> had an opportunity for the boxes of documents we accumulated. tens of thousands of pages of documents, lots of specific questions. this is an investigation about public corruption at the highest levels of the government. the american people expect congress to investigate this because one thing the chairman has proven is the fbi, the doj and the irs as we heard from the whistleblowers have dropped the ball. the house oversight judiciary committee are conducting this investigation the majority of americans want. he does not get to dictate the terms of the subpoena.

>> a chance to get a review of what hunter biden said. he made an interesting statement. he said his father was not financially involved in the business. the qualifier, the word financially, is important because once again, it shows another change in the story. first it was no involvement, then no one ever talked to anyone, than the be dinners, the meetings, phone calls, now he wasn't involved in the business financially. i think that is important. one of the reasons we want to talk to hunter biden. in a few hours i think the house of representatives will pass the impeachment inquiry and that is an important step, talk to any scholars in this. as we did under speaker mccarthy, the impeachment power resides with the house of representatives. of a majority of the houses official impeachment inquiry as part of the duty to do oversight, that will help us get these witnesses in and most

importantly regarding this morning's activities this is the argument the white house and hunter biden's counsel used to say he shouldn't come. we disagree, we thought he should have been here. when we take that vote this afternoon, we should come in and if he doesn't, we will move forward with contempt proceedings, a process we have to follow. >> hunter biden asking questions, you think republicans would have backed off on the inquiry tonight, hell-bent, going forward no matter what. >> they are not going to hold back. we requested thousands of emails they will not turn over. transcribed interviews with white -- instructed not to come. the white house continues to obstruct and you will see a clear message from the house today, to cooperate with this investigation. >> what is the latest on that?

>> can you talk about contempt proceedings process and timeline? >> the report filed, scheduled for the christmas break tomorrow, but we will get moving on that report with lawyers on the oversight committee and the oversight committee. there's a process you have to go through. >> are you concerned if you pass the contempt resolution and refers that to the biden justice department how they might handle it how do you think the process works? >> under the law, we know how aggressive they were with hunter -- other individuals, but all we can do is do our job and we will do that. >> is there a special counsel? >> we will do our job. >> i did not.

lauren: stuart: we are going to leave that q and a session. let me recap, chairman jim jordan has said that in a couple hours there will be a vote on and impeachment inquiry. if the voters he is to proceed with that inquiry that gives the investigating committee more subpoena power to get involved with the witnesses on the hunter biden story so this thing is expanding. it will go on all day. we will keep you in touch with everything that happens. biden people and hunter involving in a scandal which will carry through this election campaign. completely change the subject, the busiest time of year for the postal people. many on edge because there are more being attacked on the job. casey steagall has the story. i want to know what unions are saying about this?

>> the letter association of the national association of letter carriers is trying to bring attention to the growing problem. they've been holding rallies across the country like the one you are about to see in houston. texas alone has seen one hundred attacks on postal carriers in the past year and officials say typically 25 would be considered a high number. officials say oftentimes the crux are after the employees's keys so they can open larger public receptacles looking for money, checks or packages. >> the car just drove up, individuals jumped out and attacked, for a key. >> project safe delivery is upgrading to digital locks, those antiquated keys are less valuable. they are installing more secure blue collection mints making access to their content more difficult for criminals.

>> the increase, it would appear is mostly driven by something that took off during the pandemic. criminals get more creative. >> since 2020, the number of attacks on postal workers has tripled. more than 2000 instances during that timeframe. officials calling on the doj to crack down on these crimes. only 14% of cases are being prosecuted at the federal level. stuart: we hear you. now this. hundreds of palestine protesters shut down in new york city monday night. they don't understand there are no lgbt curates in palestine. jason rantz on the story next.

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stuart: hundreds of queers for palestine protesters shut down the manhattan bridge waiving lgbt q and trends flags as they chanted no peace on stolen land. this is astonishing. don't they know there are no gay rights in palestine? >> do they know it or are they choosing to ignore it? they are choosing to ignore this. they view the world through the oppressor versus oppressed lens. no matter what some of the specific details are on the ground. they basically believe in this ideology they are always going to take the side of the person or people they deem to be oppressed. that albert einstein quote says there's two things that are limitless, the universe and human stupidity and they are falling into that category. stuart: another one for you. a student in seattle failed a quiz after he answered that only women can get pregnant.

take me through it. >> this parent reached out to me last week saying i don't know if you realize what's going on in this particular school, a true or false quiz, and ethnic studies world history course, the idea was to separate sex and gender. that was the intent of this teacher, it was a true or false question public it entered correctly saying only women can get pregnant, men can't and he was penalized for it, he ended up failing the quiz. the reason we are seeing this in the classroom is there is this movement on the gender identity side to separate sex and gender. you can then make the argument a little easy to basically claim you can change one's gender. unlike sex which is tied to biology, you can't change that. it is indoctrination.

stuart: on the same lines, the police department in el paso could ask residents for their preferred names and pronouns before all interactions. is that going to work? >> it is not going to work. at some point it will be obvious you are using the correct pronoun and a person will pretend otherwise and it will be used to complain about cop conduct and it will be used to demonize cops, pretend they are somehow evil and insensitive. it is absolute lunacy. of an officer is dealing with some of who is legit about the transgender and says can you please refer to be this way, do that out of politeness, but what i legitimately fear is one day you will have a criminal, a suspect who might be transgender, you might miss gender them and instead of focusing on the actual criminal you will focus on the cop because he or she dared to missgender someone by accident. it is a set up for cops.

stuart: looking to take offense. three interesting stories. a big show. senator mike braun on mitch mcconnell saying it is impossible to pass ukraine funding before christmas. brent bozell on mainstream media bias, more leftist to than previously thought. clay travis on trump gaining momentum in iowa. republicans, a huge lead, looks like he is going to win in iowa on january 15th. the 11:00 hour is next. ♪ ♪

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>> if you look at this on any time scale, this is an insane goal, it's an insane