tv Varney Company FOX Business September 16, 2024 10:00am-11:00am EDT
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to assassinate former president donald trump, it happened at trump international golf club in west palm beach, the suspect is been reported to make a first court appearance in federal court, no cameras allowed in federal court, the justice department is weighing potential charges, we of course are following it closely and we will bring you updates as they come in, we are keeping an ion that. let's get a check on the markets, a new trading week we have been underway for over a half an hour, the dow pushing forward nicely into record territory of 323 points, the s&p slightly higher, meanwhile the nasdaq down a half 8%, let's take a look at the ten year treasury yield that was moving slightly lower earlier on, now turning its flat at 3.65%, oil meantime let's take a look at oil under $70 a barrel but is moved higher up a dollar 70,
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$70.35, up to and how percent, let's look at bitcoin hitting the resistance level at 59000 down over $2000.58466, now this donald trump says he is safe and well after being targeted in the second assassination attempt. msnbc seemed to blame trump for being targeted, listen. >> do you expect to hear anything from the trump campaign about tony down the rhetoric, toning down the violence or would not be a typical of the former president? >> remember back to the assassination attempt from president trump's life and how there was talk of a new tone in the republican convention was by trump standards muted, it did seem like he was trying to take it down a few notches, by the end of his convention speech we
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were where we started. >> linda maga extremism, donald trump a threat to democracy as we know it, that's bringing kaylee mcghee white, are you surprised by this the msnbc is calling out trump for his rhetoric? >> i'm not this is a network that is partly responsible for the heated environment which former president and current presidential candidate has almost been shot twice in 60 days it's a remarkable turn of events and this is victim blaming trump for almost getting killed is not an acceptable path forward, comes at a time in exactly what his motivations were this time not as much uncertainty, we know he doted to act blue more than 20 times he. the democratic talking points about how democracy is supposedly on the ballot, keep
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in mind, kamala harris got on the debate stage last tuesday and said that trump was leading a movement that represented a greater threat to democracy in the civil war that's an outlandish statement the democrats talking point has played a role in heating up this environment and they are to blame, not donald trump. ashley: do you think will get changed rhetoric from either side after this? >> recently held she will do more than issue a couple sentences on twitter she should speak directly to all voters that she cares about civil environment and she cares about democracy as much as she claims, that's exactly what she would do. ashley: a new poll showing kamala harris is inching closer to donald trump in iowa trump leads by four points in that state kamala harris campaign continuing to push for donald trump for a second debate, listen to this.
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>> the vice president has been very clear, she think they were good people deserve another opportunity to see what they saw on tuesday night, obviously they are playing games right now but at the end of the day we know the american people deserve a second debate and were confident that's what they will see in october. ashley: he would want to go to another three on one situation, trump says he will not debate harris again, do you think he will change his mind. >> i don't think so it was not a fair environment on abc unless it was a substantive network change i would imagine it would be a similar situation, also kamala harris team need to ask themselves what is she offering to the american people, does she want to do another debate to recite her 15 minute stump speech and give vague nonanswers, what the american people actually deserve is substance, specific policy answers, she refused to give unto them last tuesday, why would the next debate be any
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different? , did she come out with low tax on tips, weight was donald trump, i'm being facetious but i hear you, following the debate bill maher made a bold prediction about the election, listen to this. >> i'm going to make this a momentous night with the prediction, i think i have the credibility for this prediction because i've been called a trump alarmist for a very long time they were wrong, i was right he was awkwardly power every time he's gone crazy stuff he got himself in trouble and i said it is not over tonight i am saying i think it is over it will be tied on election day, the polls will be tied and he will lose, that is my prediction, we will see. >> we will see this was based on donald trump's performance and in the debate do they get cost in the election the day of the politics as a longtime. >> i don't think it cost him the election at all i think trump
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was the one who won that debate against kamala harris, if you look at the current polling, voters are clear about what they want from kamala harris, they want answers and she's refusing to provide them with the answers i say this as someone born and raised in the crackle swing states back in michigan, i know what the families are looking for and i know what the voters are looking for they are not getting that from, here's she is not giving them good choices they are gravitating towards donald trump. >> very good we will leave it there, thank you so much joining us on this monday it is fascinating to follow politics, i hope everyone else shares the same point of view, it is fascinating, thank you very much, let's get back to the market the dow starting off the new week very strongly, the nasdaq not so much, down half 8% of 258 points, let's begin our good friend ryan payne, good to see you, you say rate cut fever is in the air, with that in mind
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to which sectors benefit the most? >> real estate where developers can borrow cheaper and if you look at a comparative basis, if i can get 4% to real estate investment trust, remember the money market fund 5% is going away when the fed starts cutting you can be down to 3% yield by the middle of next year, i yield perspective you can see a lot of money go that way and if you look at utilities or interest-rate sensitive and they've done very well the last months in anticipation and small-cap stocks as well because they borrow smaller companies will borrow short-term and if rates come down in the short term the margin started to go up there is a lot of places depletion capital right now that are not the magnificent seven and i've been preaching that month over month and you start to see that come to fruition. ashley: yes we are, props to you
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on that, some energy stocks have hit new lows, do you think there's deals to be had and if so would you like. >> if you look at it right now energy stocks trade dirt cheap i use adjutant. they traded at 11 times forward earnings and oil down to $70 a barrel, and that's a cheaper site if you look into 100 billion a day that's going to go up over the next decade and if you look a specific abuse like the slb the trade that seven times forward earnings and pays a 4% dividend as well cash flow is king, if you see rates or oil prices start to go up which i think is highly likely is continue to go higher with the a.i. data centers, the giving you more energy, the stocks and margins are going to go up exponentially. in the theme there is a lot of places to put your money where
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growth is going to be faster multiples are a lot cheaper, if you look energy growth as well as should grow faster than the overall market, it is a great time to be allocating capital and i cannot stress enough as well, there's so much money sitting in cash money market funds to $6.3 trillion yet more money in the last week which is mind blowing because i think a lot of investors right now have their head in the sand about what they're getting other money market fund and i think it would be rude awakening especially with the fed cutting this week my guess only 25 basis points but you want to be proactive and not reactive, a lot of investors are not making a move quick enough. ashley: very good nothing wrong with tantalizingly cheap i will say that, thank you so much for joining us with your expertise this morning. a quick programming note, this wednesday we will cover the fence highly anticipated decision day and you can catch on fox business from 1 - 4:00 p.m. eastern and here's a caveat to that with no
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commercial breaks, commercial free coverage 1 - 4, you cannot beat it. you've been looking at the movers this morning, let's start with micron down nearly 4%. >> the chipmakers are also down here is the news on micron morgan stanley lowered their price target to $100 from 140, they say the memory market is over supply, prices can be coming down, there is a report in the information they say tiktok parent company is working with taiwan semi to make their own chips that cuts the reliance on nvidia, nvidia is down as well, chipotle finally testing the auto prototype, that is a robot oracle bought that cuts in quarters and peels avocados before a real human being matches them. customers can say oh well but the speed of the orders and save
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money, aaa is up 2%, hasbro is higher, bank of america says the shares are going to $90 the stock hit a new high, $90 is a 20% move from here, the bank believes their position well for the holidays, they have the collectible card game magic, the gathering is apparently selling well. ashley: very good i want my avocado and i want it now. >> i only want human handling my avocado. >> you're probably wise, thank you very much, still ahead trump surviving in the. second assassination attempt to month after being shot at a rally in pennsylvania, we will have new details on the suspect who has a lengthy criminal record, many are questioning why trump was given more security after his first assassination attempt. >> at this level that he is not right now he is not the sitting president, if he was we would have the golf course around it
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trump the second in two months, dana marie mcnichol is in west palm beach, florida, dana marie, what do we know about the suspect so far. >> as his investigation continues outside of trump international golf course we know that ryan routh will be in federal court starting at 10:00 a.m., there are no cameras allowed in federal court so we are waiting for that to be over to get more details. in the meantime relating more about who he is to the social media present he posted several times about the president, according to records routh had 100 run-ins with police, according to fox digital he made his opinions very clear on x where he posted about the former president, the war in ukraine, the 2020 election and other world events, his account waited on former president trump's assassination attempt back in july calling on kamala harris to
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visit the injured octopus of a new trump probably because trump will never do anything for themh lives in hawaii where he worked on construction including owning a business called united roofing, the palm beach county sheriff said there looking into his flight schedule, how we travel to get here in florida, where the gun came from, right now routh is not talking to law-enforcement. a witness from routh solid run from the golf course bushes and jump into a black nissan he was pulled over on i-95 and martin county. >> he made the stop and then at gunpoint ordered him out of the vehicle, he complied, his demeanor was perplexing in some way despite the fact numerous people with rifles and uniform personnel and helicopter. >> the acting secret service director is here on the ground in west palm beach at the golf
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course and relearning they're going to do a walk-through speaking with local law enforcement in secret service any details we will make sure to update you as it happens in federal court with routh. ashley: very good dana marie mcnichol and west palm florida. we appreciate that very much, let's bring you the perfect person, frank loveridge the former head of presidential protective detail for the secret service, if anyone could speak to this it is frank, the gunman was 300 to 500 yards away from donald trump, how did he get so close? >> thank you for having me on, the first thing i want to give credit where credit is due i want to commend the individuals on the ship for quickly evacuating president trump and i also want to thank the agent who observed the shooter, the weapon
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that was through the chain-link fence, took the shots and cause the shooter to flee the area, that did not happen, this would've been a dramatic change of what happened in the circumstances last night, that is the first thing i want to say. how did it happen, we have to expand our perimeters yet shrubbery which gives individuals, assailants ability to conceal themselves in the shrubbery and it makes it very difficult to detect them, that was a very good close detail for the agent to see that in the nuclear eyes the threat, we cannot let that happen you cannot let 70 get 300 - 500 yards away from the president and it did happen that day we have got to stop that, we need more assets, more state and local and more secret service assets in place. ashley: it is remarkable that someone would notice the barrel of a rifle pointing through a fence shrubbery at all. i don't know how far away the
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agent was from the gun but it's so random into me it seems like it would be far easy not to notice it before it was too late. >> thank god he noticed but i wanted to bring to your point that were moving with the president as the president is golfing were stained in front and behind in the whole protective circle around the president is moving in as it moves we have to proper assets on the perimeters to make sure there's no one waiting as we move and they develop us and we detected beforehand and do exactly what we did in this case. everything worked as far as individual leading and local law enforcement getting a photograph of the vehicle and the license plates and making the vehicle stop was amazing i want to think the local and state police what they did, they did a great job. ashley: talking about security level the palm beach sheriff
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said the security around the golf course was limited because donald trump is not the sitting president, listen to this i will get your comment. >> you have to understand the golf course is surrounded by shrubbery when somebody gets in the shrubbery either out of sight, this level he that is not the sitting president, if he was we would have this golf course around it, because he's not security is limited to the secret service deems possible, i would imagine the next time he comes in a golf course it will be more people around the perimeter in the secret service is exactly what they should've done and they provided with the protection should've been. >> the question after what we saw happen in pennsylvania, why didn't he have more protection even though i know he's not a sitting president, we know the threat is very elevated. >> i know listening to director
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ronald road they have increased they added surveillance units to his methodology and they also added snipers which he wasn't getting before, that is not enough, this is a president that has a threat and you have to realize on july 12 with a pakistani national that was arrested and being arraigned today who literally had ties to iranian government and we know one of his targets was president trump, this occurred in two assassination attempts, we have got to expand our perimeters we need more assets on the perimeters we need to make sure we can identify anybody in a proactive mode before they have a chance to shoot, having to form a body bunker around the president of the united states it's too late now you and your reaction mode and not a proactive mode we need to become more proactive. ashley: we hear you that's a good place to leave it, thank you so much for bringing us your experience and expertise to talk about this we really appreciate
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it. >> thank you for having me on. >> our pleasure, nbc lester holt tried to link trump and jd vance rhetoric to the second assassination attempt on trump's life, watch this. >> today's apparent assassination attempt comes a fierce rhetoric on the campaign trail itself, mr. trump his running mate jd vance continue to make baseless claims about haitian immigrants in ohio, this weekend there were new bomb threats in that town. >> media guy joe concha wants to have that and somebody other things he will be here next. ♪ what does a good investment opportunity look like? at t. rowe price we let curiosity light the way.
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ashley: let's check the market, the dow hitting an all-time high at the opening bell, right now up 149 points, it's come back fill up a third represent the nasdaq down three quarters of 8%, common look at the movers on this monday morning, let's be begin. >> 7% getting there selling the 25% stake in the joint venture
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that they have with the minor out of saudi arabia for $1.1 billion, also higher zillow they have an upgrade at wedbush to outperform, they see the stock jumping 38% and $80 a share on freefalling mortgage rates acting out a catalyst for housing, cubano also higher, ever core calls this used-car resale or a positive tactical trade, they're expecting to sell third and fourth quarters thanks to cost-cutting and advertising efficiency the stock is up for .3%. ashley: thank you very much, today kamala harris will meet with the international brotherhood of teamsters, rich edson at the white house, what can we expect. >> democrats are expecting to have this endorsement backed up, that is not been the case, without vice president kamala harris is heading up the street in washington, d.c. to meet with union leaders in the teamsters
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are doing things differently this election cycle, they are interviewing all the candidates, the general president sean o'brien has initiated the process for all the candidates, the union says the vice president will meet with members in the teamsters general executive board and harris will have the opportunity to discuss how she and the teamsters can work together to empower and protect workers, promote high labor standards and strengthen the american academy while expanding the middle class, former president trump had his interview with union leaders back in january, president biden when he was a presumptive democratic nominee met with teamsters in march, has 1.3 million members in the leadership usually is a reliable supporter of democrats, this summer o'brien was the first teamsters president to address a republican national convention, perhaps as a result is democratic national convention invite got lost in the mail, this week here is the schedule to campaign in pennsylvania, michigan and wisconsin and
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republicans are trying her to abided economy that voters are largely unhappy with according to polls, consumer prices of 20% since biden took office in inflation onto an half% is far lower than the 9.1% in june of 2022, the white house according to wage growth outpacing inflation over the last 18 months along with fairly strong job growth over the president's term. ashley: great stuff, rich edson at the white house, thank you very much, listen to this, nbc lester holt reacted to donald trump second assassination attempt, watch this. >> today's assassination attempt comes up fierce rhetoric on the campaign trail itself, mr. trump, his running mate jd vance continue to make baseless claims about haitian immigrants in ohio, this weekend there were new bomb threats in that town. >> baseless claims, joe concha
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joins bina, i think i know the answer but are you surprised by this? >> this is the second assassination attempt of the former president in the past two months, that is what we see here on the nbc nightly news i get if we hear it on msnbc but this is the journalist lester holt and he makes the pivot from 70 tried to kill the former president and by the way there is really mean rhetoric about haitians overtaking a town in spring for ohio which probably led to all of this, it is so reckless, such a joke it i guess to answer your question in the long way not surprised whatsoever, this is what our media is at this point victim blaming donald trump because they think rhetoric led to this when we don't know what the shooter motive was to this point. ashley: exactly right, let's
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move on to this, trump and vance sat down for 52 interviews and say here's walz's ticket was confirmed that is compared to ted non- scripted interviews from harris and waltzed themselves kamala harris sat down for her first solo interview over the weekend is this the new basement strategy. >> those numbers are misleading because because, here's an tim walz has yet to do one solo interview with the national news organization they've yet to do an interview with the editorial board in the washington post, as sure as you're born they will endorse this ticket and are afraid to sit down with these people, that is because they are cowards plain and simple and they think they can win the presidency by pleading the fifth and not sharing neutral policy positions at the site fell campaign at the campaign about nothing in airing grievances about trump. we have a media that does not have any problem with having 0
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access to the candidates but i think the only get you so far. if you are not dividing yourself, you're giving your opponent the opportunity to defy new, right now, here's especially in the states that matter, pennsylvania, michigan, arizona, nevada she is seen by some voters as inauthentic in a flip-flop willing to say anything to be president she has to be out there more by her handlers have to make sure that does not happen. >> exactly, last one jd vance joining dana bash for an interview, listen to what she said after she repeatedly interrupted him, listen to this. >> would you like to ask me questions and let me answer them or would me on these topics. i noticed when you had, the here's an tim walz you gave the multiple choice answers to the questions that you asked and you allowed them to answer the questions. i'm happy to be here to talk about me every single time
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that i open my mouth, why am i even doing this, please ask a question and i ask you to be polite enough to let me answer it. >> boy did she get taken to school, good for vance, is he right? >> is exactly right, dana bash tried to multitask during the interview with kamala harris and tim walz by giving her a massage and giving her multiple-choice answers to every question we cannot make her uncomfortable we don't want her to look rehearsed and distilled it not work. kamala harris wanted both ways she wants voters to remember her record while she was office, the part that she says was good and the other hand she wants you to ignore her record in office which continues to this day, jd vance has been masterful during the interviews, he did three interviews with three sunday talk shows, tim walz it bears repeating as yet to do one solo interview by himself despite being that tough assisted
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volunteer coach that he portrays himself to be my high school football coach was the next marine he would not be afraid like tim walz in jd vance make it a very good argument and taking on the media at the same time which he knows is rigged against him. ashley: he is pretty good, thank you so much we appreciate your time. for the congressman michael waltz is calling on democrats to end the rhetoric against trump after the second assassination attempt on his life, watch this. >> this rhetoric against president trump, this narrative that he will be the next dictator, the next hitler, it has got to stop, enough is enough, that democracy play out with the voters in knockoff the rhetoric. >> guess what michael waltz will join me next.
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ashley: the start of the session, the dow jones up 118 but losing a little bit of steam, the s&p and nasdaq losing lower, now this donald trump back on the campaign trail, after a second assassination attempt, alexandria hoff joins bina, the question alexandria, what is donald trump doing to today. >> the former president remains on florida it is unclear how the schedule is going to be impacted, trump is expected to announce a crypto currency exchange from mar-a-lago and plans to travel to michigan tomorrow and if the schedule remains trump will join jd vance for a town hall in flint tomorrow with razor thin margins of michigan, trump and vance
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holding events there late last month, this week in the vice presidential contender said he learned his lesson on speaking for the former president at last week's debate he denied a claim by vance that the two discuss veto of federal abortion ban that became to trump's desk. >> we have not discussed it, we have not discussed it because it's not realistic, that was a point that he made during the debate, he is an incredibly clear that he does not support national abortion beyond, he wants abortion policy to be made by the states, he things alabama is going to make a different decision from california and that's okay we are a big cou country. >> in the interviewed vance distance himself from controversial social media personality laura blumer made disparaging remarks about vice president indian heritage and vance wife is indian-american. >> i just told you i don't like those commented i think we ought to focus on, the here's policy failures and i don't look at the
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internet for every single thing to get offended by. vance is heading to cobb county georgia for a sold-out fundraiser with the faith and freedom coalition. ashley: alexandria hoff, thank you very much. michael waltz, republican from florida joins us this morning, great to have you here. you have been calling for a briefing from the secret service this week on what the latest development, have you heard anything? , i was able to talk to senior leadership last night and they're on their way down to four to, we contrast that with director cheadle who by the time where congressional testimony still had not been to butler pa, that the step of the right direction walk the ground and talk to the agents of local law enforcement, notably acting director row is a former police officer in florida and knows the
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area well. i think we have a broader issue twofold, are we tailoring the protective detail to match the threats, the mainstream media does not like to talk about it in the administration has not talked about it at all but we have an adversary of the united states iran that is openly and actively trying to kill a leading presidential candidate a lot of talk about election interference, that's as bad as it gets in there 0 consequences to iran from this administration not even a strongly worded letter is a package protecting president trump taylor to the threats we know he is facing and i commend them for having press conferences they need to tell the making people more but the fbi has not done so it is not done so when it comes to shooter crook from butler pa and they just cannot do this is under investigation we will get to it when we get to it they need to
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release information as they get it because the american people are rightly outraged. >> do you think there will be any change in rhetoric from either side after this assassination attempt. >> i certainly hope so, we have cory, tori that is dead up in pennsylvania, to others almost died, the president president trump almost had his head blown off on national television and we had that failed iranian attempts that i just mentioned, enough is enough and i was just looking online and this shooter randy ruth wrote a book where he said go ahead iran, take your shot, i welcome it, somebody needs to have the guts to take this man out, clearly these people are being radicalized in
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the democrats took a one-week break from the rhetoric and they started right back up again, you convince the country and convince themselves that the ends justify the memes to stop trump it should not surprise anybody that people are taking it literally in trying to kill him, this is got to stop. ashley: it does indeed, we have to leave it there, congressman walks as always thank you for joining us today on a remarkable story again, thank you. still ahead ivy league schools are now retreating from social activism, instead the instituting what they call new neutrality policies, we want to get into that story, tiktok is in federal court fighting abandon america, grady trimble is outside of the courthouse with the full report next
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washington, give me the latest details. >> we discern with the attorney representing tiktok and speaking in the courtroom behind me or the courthouse by me in attorney representing content creators people who make content on tiktok, both of those parties are essentially arguing that these laws passed by congress and potentially beyond tiktok because of the ownership by chinese parent company there arguing that an attack on the first amendment rights of not only the app, the company tiktok itself but roughly 170 million users, and his opening brief the attorney representing tiktok did not raise the fact that this parent company is based in china and thereby subject to control by the chinese government, when the three judges overseeing the appeal, the chief judges first
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response or question was about the possibility of the chinese government that would have access to user data and be able to manipulate content that users see on the app. take a listen. >> this case is different it involves something that is happening abroad and what were worried about is the effect of something that happens abroad and when it's a foreign organization, they don't have a first amendment right to object to a regulation of the commission. >> that was the premise of a lot of the judges questions of tiktok attorney, another judge asked if any other company would be subject to this digest or face a band law because of its ownership, attorneys for tiktok could not immediately name another company, those comments from the judges speak to the broader concerns from not only congress but also the national security community at large that may be unique to tiktok, that is china could push propaganda through the particular app and
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collect data on its users, out of the gates, the judges seem skeptical and have a lot of questions about tiktok's argument that we have yet to hear from the d.o.j. and their side of the story and whether the judges will be skeptical of them as well. ashley: great stuff, outside of the courthouse, thank you so much we appreciated. now there's four major universities have announced they will no longer make statements about politics and world events, penn, stanford, washington state and bernard all announcing new institutional neutrality policies, interesting, corey deangelis joins me now, do you think more schools will follow the strategy. >> i think they will follow the strategy when one makes an active rest will follow do we believe them, that's a question they already showed us who they truly are another trying to
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change and cover up with ar and they're going to change their position, at the end of the day this is good news that the winds are shifting away from the radicalization on college campuses that you have the leaders scratching their heads saying we have to change something, look at harvard university for example, the student newspaper finding that only 3% the faculty identified as conservatives, there is a much deeper issue happening on college campuses they become a hotbed of leftist indoctrination whether the administrators release statements were not a political events that does not change the root of the problem they need to have a much larger investigation into whose employee disease universities and how they're going to change
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all throughout the entire organization. ashley: i am sorry we have run out of time but you have a lot of information in that one question i will talk about again soon, they get for being here it'll be interesting to see how it turns on college campuses, still ahead former fbi agent nicole parker on the second assassination attempt on trump, how was the gunman able to get so close, steve forbes will be here on wealthy americans preparing safer plans if kamala harris wins the election, donald trump was reportedly warned about the dangers of how often he plays golf on trump's golf courses a soft target, former secret service special agent kenneth valentine will deal with that as well, the 11:00 a.m. hour, "varney & company" is next.
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