>> why do we have a president

on vacation more than clark griswald at this point. 40% of his presidency spent at the white house on vacation. >> iran doesn't want a wider war. they'd lose a wider war. that's the conundrum and allowing iran to deter us to bring full force of diplomatic and military and economic power to the flight. you should do that. >> we have a love affair with the cars and the government trying to tell people what kind of car to buy, there's a huge resistance. >> what else do they have other than going after trump and breaking down policies and trump's policies to beat biden with the majority of american people including many democrats. ashley: there you have it on president's day. looking down sixth avenue as we do with that lovely shot, james brown is living in america.

lot of people off today. but some of us are here, we've got lots to talk a.c. it's 11:0n this monday, february 19th. yes, i'm ashley webster in for stu today. the markets are closed for president's day, but check out the futures. we were in the positive. dow is essentially flat and the s&p and nasdaq slightly higher. let's take a look at price of oil that was moving slightly higher as well. earlier in the session if you like earlier in the day, up 52-cents and verging on $80 a barrel at $79.71. how about the price of gold? used to be the safe haven for inflation. maybe not as much these days all though it could be. gold up $1.70 at $2,025 per troy ounce. how about bitcoin, which last week went above 53,000. it was up slightly earlier and it is up slightly $16 at $52,121 per bitcoin.

the president appears to confuse nato with ukraine appearing to urge congress to pass the funding bill. take a look. >> the idea that we'll walk away from ukraine, the idea that letting nato to split is totally against the interest of the united states of america and against our word we've given since all the way back to eisenhower. it's about time we push congress to pass legislation, funding nato. it's critical. our security depends on it. ashley: it's confusion and mumbling a bit. charlie hurt joining me. the president spent his entire weekend at home in delaware and still getting confused and comes back to the white house and nothing on the schedule. shouldn't that be raising, you know, continued questions about his mental fitness and physical fitness for that matter? >> oh, yeah. i think it re real is.

obviously if i take a weekend at the beach, i would hope to come back with a clear head, but that does not seem to be the case with this guy. we are seeing it raise alarms among democrats who are starting to seriously worry about his cognitive ables because it's not going to get any better and it's as bad as it is now and and talking about it there and it's a remind their he really -- he is not thinking clearly these days and there's no reason to believe it's going to get any better as we go forward. ashley: it's no wonder they try to protect him. house republicans of course are pushing for biden to take a cognitive test, should he? >> the whole thing about a cognitive test, it's a great political issue and i think he should and i love it had when donald trump took a cog mitive test mainly because it was hilarious and the whole idea

that we're going to come up with new tests for presidents or politicians, i get a little squeamish about that because the only test that matters is a free and fair election. if we have free and fair elections, we can pick our leaders just fine. ashley: you mentioned earlier that even democrattings now are starletting to raise doubts about biden and his ability to even fulfill a second term if it comes to that. at first they said he's perfectly fine and lucid and dynamic. now they say, well, you know, it's just republicans trying to use it as a crush. now they're relying on strategies apparently of trump getting into legal problems that will eventually prevent him from beating biden. i mean the expectations have gone down considerably. donors are wondering, democrat donors wondering where the heck is my money going? there's a change of, i guess,

sentiment among democrats and feel it almost daily. >> yeah, without a doubt. it kind of comes and goes in waves but it's definitely going in a certain direction. we're going to have more really bad episodes like we had with that press conference where he, you know, came out to declare he was mentally fit to stand trial for his document's case and then manages to put mexico in the middle east, which was very strange. but they're going to -- those episodes are getting more common and only going to get worse. it's shocking and go back and look at video of him even just three years ago or two years ago, the amount of decay that has occurred and obviously the president seizure disorders is a very demanding taxing job and it has really taken its toll on him and he is, a lot of us didn't think he was all together with it. two years ago ask a lot less with it now.

ashley: he's going to debate at some time if it's trump or whoever is the republican nominee, i mean, i can't imagine him going honestly, you know, toe to toe with trump in a debate. that could get very, very ugly. >> yeah, even democrats realize that and even though some people try to bring up donald trump's age and try to make a comparison between the two, the comparison's don't work between the two. people can watch them and especially if you saw them side by side on a debate stage, it's clearly evident that one of them is still with it and the other is not. ashley: thank you, charlie. the markets are closed on this president's day but it's flat and s&p and nasdaq slightly

hihigher and dow jones slightly higher. bring in jason katz. we've been watching with some market watchers and do you think rate cuts from the fed could be off the table this year? we've gone from expecting seven down to four, maybe three based on hot inflation numbers we've been seeing recently. could a rate cut be out of the question? >> is it six, four, do i hear o two? they're not all at the table and in the latter part of the year, you get to rate cuts and it's almost like a full course of antibiotics and you're sick and don't take the full course, you don't eradicate the illness and the fed's in a similar position, ash. they must finish the job here. and inflation data of last week vindicates the fed's wait and see attitude and investors are waking up to that fact. make no mistake about it, this is not a great cut or bust market and you're not going to get rate cuts doesn't mean the

market can't go a little higher. what will drive the market at this point is the rubber might the roads and it's earnings. we expect up 10% this year, 13% next year and upside inspite of the fed not cutting rates. ashley: interesting and i think goldman sachs put out a note about s&p and s&p finishing this year around 5100 and getting more bullish and now pushed it up to 5200 necessary the second half of the year. do you share some of the optimism? jowski >> look, in order to get there and big tech has a lot more heavy lifting to do and for better or worse, myoclients are stuck. those stocks would drop by at least the long term cap tail gain rate and justifying will

that keep the you'll continue to see a bonding of the market. >> not necessarily on index level but beneath the surface. ashley: right, jason, thank you so much as always. thanks for your insight and joining us on this monday. let's move on, chinese ev maker expunge and how many are looking for, lauren, the stock is down. lauren: 4,000. what company is hiring that many people and investing just under $500 million in artificial intelligence for intelligent driving. comes with bloody evs and tesla

and byd reportedly setting up shop in mexico, which means they could be exporting right here to the unit and shares, the company is backed by volkswagen and a 5% stake. ashley: thank you, lauren. there's a lot going on. coming up, migrant center in san diego shut down after six months. they dumped over $3 million into running the facility and now they say the resources were just too stretched to the limit. not enough money. make ore of chatgpt and openai reportedly values the company at $80 billion and we'll break down the numbers for you. donald trump fined $355 million and barred from temporarily doing business inny and governor kathy hochul wears other business owners have nothing to worry about. interesting. we'll brink you a live report from trump tower, next. ♪

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♪ ashley: love this song and you take a look at white bear lake, minnesota, where it's a chilly 31, but let's be honest it's february and white bear lake, minnesota, could be 31 below zero and i'm sure they'll take it and could be a lot worse. the fate of donald trump's business empire is in question after he was ordered to pay $355 million in his new york

fraud case. kelly o'grady joins me now. kelly, trump has awarded to other business leader -- has a warning to other business leaders. what is he saying? reporter: ashley, he's saying you're next. the concern being if former president trump can be targeted as some are characterizing this as, what's to stop other real estate developers, other industries in new york from enduring the same fate? a spokesperson from the trump team shared this statement "every member of the new york business community no matter the industry should be gravely concerned with this gross overreach and brazen attempt by the attorney general to exert limitless power where no private or public harm has been established". now the financial penalties as you mention, they're pretty large and hoal $450 million -- they'll total $450 million if you look at interest and it's the biggest challenge for the president, he can't get a loan under this ruling from any new york chartered institutions for three years so that essentially means he can't borrow from

anywhere except smaller institutions or friends. that's pretty tough for a real estate developer as well as someone who is gearing up for an election year. the ruling sending shock waves through the business community and one hedge fund manager said it's for every property owner to be declared guilty and others questioning why stay in new york at all given the business climate. >> this is an assault from the sector in the state of new york and why take the risk to put up much money and have a judge arbitrarily decide you're in some form of breach of fraud and no damages occurred at all and same process that occurs everywhere. reporter: this seems to be spur ago grass root organization among the elite and truckers among social media declaring they'll not make deliveries or pickups in the city of new york

due to the ruling against former president trump and the appeals comes next and i'll highlight there's one piece of good news for former president trump and avoids the corporate death penalty and he's allowed to retain ownership just not former control. back to you. ashley: kelly, thank you very much. the governor of new york katie hochul insists the business owner haves nothing to worry about in the wake of the trump ruling. listen to this. >> i think this is really an extraordinarily unusual circumstance that the law abiding and rule following new yorkers who are business people have nothing to worry about. because they're very different than donald trump and his behavior. ashley: yeah, you know, politically motivated motivatedm tomi lahren joining me now. the governor is making this sound entirely politically motivated. if you're not donald trump, don't worry about it.

what say you? >> yeah, her intention to haves say to new york businesses and business owners and perspective business owners. don't worry new york is a great place to do business. what she really said is exactly what you eluded to, don't worry, you're fine as long as your name is donald trump or i would also say if you plan to run as a republican and any time in the foreseeable future and we'll go after you. that leaves the question: why would anybody want to do business in new york if you're a republican or a conservative? a lot of republican conservative business owners if they're not as forthright and conservative and great news like florida and texas and tennessee and south dakota north dakota and all the great red state withs great already business-friendly practices and codes. this is a great time to consider moving to somewhere much better than new york if you want to do business or just want to be a republican.

ashley: to protest the trump ruling. do you think that gets any traction? a lot of truck drivers are making a living too and they want to stand in solidarity with president trump and they want to say this is wrong and send a message but fortunately they're livelihood will depend on them making pickups and deliveries and it's said they're in this position and admire their grit and admire their livelihood and sad sate of affairs to be this way. so mice these truckers to want stand up for the former president and send a message.

ashley: they don't like their choices on the presidential ballot. what do you think that could do to voter turnout? >> well, i would say this, there's a reason that the biden campaign is investing so much money in their tiktok army of influencers because they know they desperately need to reach millennials and gen zers and feel like this current president is far too old and out of touch. i've maintained for over a year that joe biden is not the democrat nominee and republicans need to get in the game and make sure they're communicating to gen z and millennials and if joe biden isn't the nominee and put in a younger guy like a gavin newsom, we'll have a real issue on our hands and speaking of issues, that's what we have to lead things with, donald trump is a great personality and talk about issues impacting young people. can't afford anything? that's a democrat joe biden problem, my friends. ashley: that's bidenomics in action. tomi lahren, thank you so much as always for joining the show today on this president's day. thank you very much.

by the way, donald trump launched his own sneaker brand, would you believe it? come into this, lauren, why is he doing this and how much is he charges? lauren: not sure why he's doing it and maybe to appeal to younger crowd and urban crowd. who knows. the never surrender high top and looking at high top $400,000. the lot sold out in two hours and he launched this issue on -- shoe on saturday at sneaker con in philadelphia and the crowd was low i did and rowdy and 1,000 people can potentially wear the golden sneakers, put them back on the screen and white and red bottoms and flag at the top and we've got the t logo on the side. they're cool and they'll stay in the display case. you can see some if you go on e bay selling for $7500. ashley: wow, only 10 have a

signature and fetching a good price as well. well ashley: who are we talking about in the presidential race? lauren: liz cheney did not confirm a third party run but will do whatever it takes to defeat trump. watch here. >> anybody who has spent any time overseas and spent time studying the history of autocracies and of autocrats says we have to listen to what donald trump is saying. >> you haven't ruled out presidential run in 2024, are you considering it? >> i haven't head my decisions about it yet. i'll do whatever is necessary to defeat donald trump. lauren: she criticized some republicans in congress too. she called them the putin wing of the republican party. one reason for that is they didn't sharply pin alexei navalny on president putin. ashley: got it. lauren, thank you. coming up, over 20,000 chinese

migrants crossed our southern border since october. many are flooding into san diego. we're going to ask brandon judd what's being done about the issue if anything? they're ripping competitive sports for letting biological men participate in women's sports and she'll explain the decision of this next. ♪ 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.

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policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. ashley: welcome back, everybody. the markets of course are closed today and you can take a look at the futures and dow slightly lower and s&p and nasdaq slightly higher. let's take a look at price of oil that was approaching $80 a barrel. it's been slowly but surely creeping higher and there you have it up 47-cents at $79.66 up about half a percent and take a look at price of bitcoin that was also modestly moving higher up about $16 at last report and up. openai reportedly closed on

major deal which will let employees cash out on their shares. i bet they can't wait. come into this, lauren. how much is this deal worth? lauren: the deal values openai at $80 billion. that's according to new york times. that means it's value will almost triple. hear's why. the deal will allow the openai employees to sell their existing shares at specific time and price and offer to josh ashley:

macey petty is the author of that piece and joins me now. you're a college volleyball player. why is it so dangerous to let biological men compete with women on the court? explain. >> thank you for having me. the sports separation is very clear and based on violation onlines that were not questioned and aren't ped coming to common sense and in my sport of volleyball and stands over 7 inches higher whether mu l mass or height and using advantages against the athletes in many cases hurting female athletes.

>> it was our safety and educational opportunity to get a scholarship in front of the college scout when he was playing on a net 7 inches shorter than he should have. ashley: do you get backlash from your teammates for speaking out or do they feel the same way you do? >> for a long time it was pretty understood and boys should play on boys tale and girls on girl's team and many female athletes hold this stance, it's bye bye bying more hostile to speak up about it because you're labeled as trans-phobic or something like that. just because you're adhering to simple conditions and common rules that keep the playing field fair. this isn't an act of hate towards any group of people, but just pursuit of fairness.

ashley: the supreme court could hear a connecticut case relating to the issue of title 9 depending on how the justices rule, it could result in banning transgender women from competing in women sport in college and school. that question is is that what you'd like to see happen? >> we're increasingly seeing men envieding women's spaces whether it be the locker room or women opportunities and this is in violation of title 9 and especially educational opportunities when it comes to title 9. i expect we'll see more lawsuits and pray one will reach the supreme court and act july to not ban a certain group from playing sports and be able to play sports but be able to do so on equal grounds where we can also pursue an athletic

scholarship one day. ashley: should there be a separate category for the athletes who are biological men who are taking hormones but clearly have advantages? should there be a separate division for these athletes? >> we've seen such categories arise nationally and that's certain alleviating this problem of fairness in the female category but when it come tots states and educational opportunities, a third category would open up twice the opportunities for male domination and so it would raise other issues but the problem of men using biological advantages to steal opportunities away from women. ashley: we'll continue to follow as i'm sure you'll be. macey, thank you for taking time to chat with us today on an issue that a lot of people have strong opinions about. macey, thank you very much.

>> thanks for having me. ashley: our pleasure. staying on sports by the way. tiger woods pga comeback hopes and didn't go as planned. they were cut short. what happened, lauren? lauren: man, tiger woods withdrew from his first official pga tour appearance since having his ankle fused last year. he felt disney and carted off the course and taken to the clubhouse and got iv treatment and later confirmed on x that, yep, he has the flu. there you can see him being carted off. this is the withdraw from the genesis invitational, which by the way he hosts and has been in since he was 16 years old. has never won it. fortunately it was not because of back spasms or any issues with his ankle. but since tiger's return to pro golf in 2022, he has withdrawn in half of his official starts. he's 48 years old? 48? ashley: yeah, yep. it's been such a battle but he

continues to try of course the networks want him and great for ratings and incredit card billion but it's been a struggle. lauren, thank you so much. coming up after getting delayed for rain and daytona 500 has first ever double header defending champion ricky telling us how the delay affects the race. when president b biden took office, he said he was going to tackle the immigration crisis with a root cause campaign. after spending billions in aid to south and central american countries, frankly that's been a dismal failure. we're going to bring you the full report next.

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this, when president biden took office he acceptability billions in aid to central america and thought he'd help improve conditions and fewer migrants would come illegally. william la jeunesse joining us. good morning, william. has this move proven to be a failure? >> yeah, it sounds good; right. the root cause strategy says improve lives where people live and they won't migrate. after the billions of dollars, the border is less secure and not more and president biden blames congress and others blame his own root cause policy. >> i'm not making new law, i'm eliminating bad policy. >> after president biden abolished president trump's immigration policy, he adopted his own root cause strategy. >> president biden asked me to lead the u.s. government's focus on addresses the root causes of migration. >> yet in three years, vice president harris visited just two central american countries where she told locals -- >> do not come. >> ignoring that 2 million migrants from honduras,

guatemala , elves sal core entered the -- el salvador bright lighted u.s. illegally in the last three years. >> didn't work and illegal immigration is higher than it was when they launched this root cause of strategy. >> i've asked the congress for $4 billion. >> president biden doubled down offering northern triangle countries billions on top of what u.s. taxpayers dulled out over the last decade. mexico, despite a much improved quality of life, hundreds of thousands seek a better one each year in the u.s.. >> a root cause strategy assumes that we're going to raise the entire planet. to a higher standard of living g and exposes the absurdity. >> more than half ignored are the biden harris root cause policy. ashley, we can't bail out the rest of the world; right. two reasons it didn't work.

two reasons, wages, when you can earn mur in u.s. in an hour than a week at home. they're going to go. guatemala , elv , elv , e, el sd hon -- as and exhort -- honduras, more than 20% of wages. ashley: thank you. chinese migrants are flooding over the san diego boardeand 20,000 apprehended since september and brandon judd joining us now. brandon, what can we do to stop the surge from china in particular? is there anything? >> ashley, i have to address the root causes and look at billions we've given to the country, understand that money is going to corrupt governments and not going to the individuals. look at guatemala, el salvador

and honduras, it's going to corrupt governments and not citizens. look at chinese nationals and military-aged men and president biden has the authority to declare a state of emergency to insure that those people don't enter the country illegally but he's not doing it. he's not using his executive authorities to stop these people. so while there are under our current laws abilities of this administration to stop what is happening, they refuse to do it because they know that it's going to alienate their base of support. if they alienate that base of support, there's no pathway to reelection and even though it's a going to be difficult, once you alienate that, there's no path way. ashley: in 2021, 451 chinese and

now we've surpassed 20,000 in just since last october. clearly something is up. don't you think beijing exploiting this massive hole in the defense. i mean, come on. >> of course they would. just like all countries are exploiting what's currently happening. when you look at number of people that we're arresting from the middle east, you know, that has more than quadrupled under what we were apprehending under president obama. i'm not going to talk about president trump because he had this issue under control. when you look at obama to biden, four times more from the middle east than chinese. we're talking about ten times more chinese under this administration. of course these countries that are enemies to us and want to see our government fall, cassioppi they're going to be sending people when they know all we're going to do is release them into the country. it's not an if something is going to happen. it's going to be when it's going to happen.

that's the only thing we have to ask ourselves. we could stop it. ashley, we could stop it tomorrow yet this administration won't do it. ashley: and continue to spend money going down the drain. migrant center in san diego forced to close, brandon, after just sixth months. the person running it said the resources are being stretched to the limit because more and more migrants are crossing into california in particular. this schmidt shelter got $3 million funding in combined effect and it's gone. these people end up on the streets now? >> yeah this, is not a money issue, it's a million seizure disorders issue. if we had the proper policieses, we could stop is. oning out of money is more taxpayer dollars and in new york talking about housing more illegal immigrants, they're just creating another magnet for them to come. every time we throw money at the

issue, we're encouraging more people to come. it's not a money issue, it's policy. policy, policy. ashley: weave he'll it right there, brandon. thank you for joining us and continue to fight the good fight. appreciate it. come in here, lauren. lauren: trump said the migrant workers will take the union jobs in michigan. watch this june ron rally in michigan. >> the threat is millions of people coming across the border and you're not going to have jobs nick. black and hispanic workers or anybody with a high paying good job will be losing their jobs by the millions. these people are going to work for nothing. they're going to work for small amounts of money and you'll lose your jobs.

it's so sad. lauren: that's his pitch. biden's pitch is the report they'll ease the ev regulations and restrictions to appeal to autoto makers and unions there. the michigan primary is on the 27th. remember biden won michigan by three percentage points in 2020 when it was up for grabs this year. ashley: it is indeed. fascinating stuff, lauren, thank you very much. time to take a break. guess what, the first ever daytona 500 double header will take place today. this after the race got washed out yesterday. the defending champ, ricky stenhouse jr. will be here next to tell us how he's preparing for the race. he's coming up next. ♪

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ashley: lauren, come in, you're a huge nascar fan and race postponed because of rain on sunday and how is the weather holding up today? lauren: looks better and okay for the 4:00 p.m. start time. so this is the 66th running of daytona 500 and start of nascar cup season. 40 drivers will compete in the great american race and several of them will drive 800 miles today between this race and the xfinity series qualifier so watch it all on fox at 4:00 p.m. eastern time today, ashley. ashley: you went through that like a true pro, lauren simonetti. that's any proof right there. lauren: i wouldn't be a daytona 500 fan? ashley: i don't know. you had kickoff instead of flag dropping at 4:00. lauren: i ask that question, wait, hold on, i asked did you say kickoff and no one i was asking and everyone said that's

fine. it's flag dropping. i knew i was wrong. it's not a --- ashley: kickoff worked, we knew what you meant, lauren. who's listening and saying get me out of here is ricky stenhouse jr., the defending champ of the daytona 500. thanks for joining us. how are you feeling? how are you feeling today? >> i'm feeling good, ready to go. got up and got a workout in this morning. the rain has finally stopped, sunshine is coming out and we're ready to go. ashley: now, you're the defending champ. does that put a little extra pressure on you? >> no extra pressure. i think this race is, it's hard to win the first time. i feel like once you win, you feel a little bit more comfortable throughout the race and our race car is ready to go. we have our kroger continue fell camero ready to hit the racetrack and strong thursday night in the dual race and we've been sitting around waiting for

the rain to get out of here. ashley: that brings me to my next question. that's sitting around in the delay, does that affect the race or affect you mentally? >> mentally it doesn't. we're always prepared for that. seems like if you're in a drought, bring nassau county darling stone to your city and we -- nascar to your city and we bring a lot of rain. we're ready to go. the guys are so good at building these race cars and feel confident in what we got in the racetrack, you know, it shouldn't change too much now that the rain has been here and the sun's back out. ashley: well, we wish you the very best. have a good safe ride. hopefully you defend that title today. we wish you the very best, ricky. thanks for stopping by. we appreciate it. >> yeah, thank you. hope everybody tunes in at 4:00 eastern. we'll put on a show. ashley: there you go. no doubt. ricky, thank you. all right, time now for the

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>> here we go before the break we asked which president was born in illinois, what say you. >> ulysses s grant? i know it is not obama. >> no, i thought it was lincoln and i think we are both wrong, the answer is ronald reagan. he was born february the sixth 1911 in illinois. the home to the most number presidents with eight of them coming from the state of virginia now we know it was lincoln and a present illinois, three hours today, that is it for "varney & company" you know what's coming up in seven seconds, five, four, three, two, "coast to coast" starts now.