♪(voya)♪ there are some things that work better together. like your workplace benefits and retirement savings. voya helps you choose the right amounts without over or under investing. so you can feel confident in your financial choices voya, well planned, well invested, well protected. maria: all right, just enough time to say thank you so much, mark, jonathan, todd. great show, you guys. >> thanks for having us. >> jazz hands? [laughter] maria: send us a text if you know what he's doing. stu, take it away. stuart: if you insist.

good morning, maria. good morning, everyone. kamala harris reveals very little about her plan for the opportunity to be economy. she's big on holistic solutions to problems, not sure what that means, and she talked about again about her middle class upbringing. after her campaign speech and that interview, one thing is clear; government plays a central role in her economic plan. corporations and the rich must play their fair share. donald trump responding to the iranian plots to assassinate him. he says no threat will shake me, no enemy will intimidate me. if iran does anything to harm him, trump says he will will blow their largest cities to smithereens. to the markets. this is a rally. china has announced more stimulus americas. one analyst says beijing has brought out the big guns. dow up maybe 200 at the opening bell, but look at the nasdaq,s up over 300 points. bitcoin moving to $can 64,000 --

$64,000 per coin. not that much change for interest rates, the 10-year at 3.800 now. that's up a little. and the 2 2-year, that's at 3w.60. gold at an all-time high. look at oil, $of 7 -- 67 a barrel. how come it's down? well, the saudis have abandoned their price target of $1000 a barrel. -- $100 a barrel. major league political developments. new york city's mayor has been indicted on criminal charges. several top-level city officials have resigned recently. the adams administration if is paralyzed, the city is in crisis. the biden administration is desperately urging a ceasefire in lebanon. netanyahu, he's having none of it. he says israel are fight on. on the show today, hurricane helene strengthen, there is real concern about a giant storm

surge likely to to overwhelm some communities. the national hurricane center is warning anyone in helene's path to, quote, rush to secure life and property. thursday, september 26th, 2024, "varney & company" is about to begin. ♪ ♪ it's about time for a drink, it's about time for a cold one. ♪ it's about time for a throwback ♪ stuart: very good, producers. it's about time kamala harris did a one-on-one interview, and she did. it's going to the rain in new york, virtually deserted on sixth avenue. we're going to start a with the presidential race, where else? kamala la harris finally had a slow low sit-down -- solo sit-down interview, kelly joining us for the morning, thanks for being with us.

she used the opportunity to go of after trump, didn't he? >> oh, she certainly did. she's specifically talking about tariffs. now, of course, that's one of trump's proposals, to the place tariffs on china and mexico. he said it's a good negotiating tactic, some economists warn this will get passed on to companies -- rather, to the american people. harris argued this proves he's not taking things serially. -- seriously. take a listen. >> i say this in all a sincerity, he's just not very serious about how he thinks about some of these issues. and one must be if serious and have a plan and a real plan that's not just about some talking point ending in an excha ration -- exclamation at a political rally, but actually putting the thought on what will be the economic impact on everyday people. >> two things here, stuart. a lot of folks on social media, they're pointing out the same could be said of her own plan p right? many are lacking detail it's. i'll also highlight that clip

that pointed out the biden administration if leverages tariffs and whether she thought there were good tariffs and bad if tariffs. she didn't answer the question. stuart: kelly, thanks very much. a former staffer for kamala harris slammed her speech on the economy. watch this. >> i felt like there was absolutely nothing novel about what happened today. i mean, to give an economic speech at an economic club in pittsburghing i mean, there's nothing about that -- pittsburgh, i mean, there's nothing about that that feels fresh, new, it's not even consistent with what i knew about her. i worked as her communications director. so my point so the her and her team, you've got 40 days. the only way you can beat donald trump, you've got to take greater risks. i'm not sure that's going to move any of the constituents that she needs to target right now. stuart: wasn't much enthusiasm there, was there? jason chaffetz with us this morning. should harris take more risks? >> she needs confidence.

shellacs confidence. i don't think -- she lacks confidence. i don't think she knows the topic. she's just sort of a fake candidate who regurgitates platitudes. you really can't name much of anything other than increasing taxes, more government. that's what she wants to do. and for her to criticize donald trump, donald trump had a plan, it worked. that's why inflation was low, the economy was zooming, that's why the country was prospering. and it started with energy, and it started with lowering taxes. and kamala harris is the exact opposite. she doesn't have an energy plan, and she wants to raise taxes. stuart: listen to this one, here's what trump had to say about the threat from iran to assassinate him. >> no threat will shake me, no enemy will intimidate me, and i have never been more determined than i am a today, and i will never back down. in my fight to make america great again, which is what we're doing. [applause] so i wanted to make that

statement because we are under threat. i have been threatened very directly. stuart: jason, let's back up a minute. this threat from iran, this is my opinion, that's a direct election sewer specious -- interference. my question is, what should we do about it? >> the problem is that joe biden and kamala harris project weakness. in my lifetime it was, it was ronald reagan and donald trump. they understood peace if through strength. nobody, but nobody would dare threaten the united states for the idea that we could take them out at a moment's notice if we chose to. finish but right now kamala harris is just all weakness all the time, and that's the problem. if donald trump means business. that's why the world was safe and we were signing peace deals in the middle east, for goodness sake. under this administering you've got iran going rampant, and they funded iran. that's the thing. biden, harris and obama, they gave them billions of dollars, and and this is what you get

through appeasement. stuart: jason chaffetz, thanks for being with us. a very busy day, and we appreciate you being here. quick programming note, the highly attempt thed vice presidential debate will take tuesday of next week, october the 1st. watch it here on fox business starting at 9 p.m. and leading town to that debate, pre-show coverage on "the bottom line" 6-8 eastern. check those markets, up 220 the for the dow. the nasdaq is up 1.6%, over 330 points. adam johnson with me this morning. >> good morning, sir. stuart: good morning, sir. [laughter] tumbling here. that's a nice looking rally. >> sure is. stuart: this is what you get when china has a big stimulus program, is that it? >> oh, absolutely, that's part of it. but the other thing, stuart, is this economy here in the u.s -- forget china. the economy in the u.s. is much stronger than many people give it credit for. strangely, in fact, i don't think the democrats have even

realized that. if it's as though they keep apologizing for the economy, they should be taking victory laps. gdp, 3%. inflation down to 2.5, employment still very low at 4.22. -- 4.2. this is why i am 100% invested for my clients. there's a lot more to like than to fear. democrats haven't figured out that message which is surprising to me. that's why the markets are going up and, yes, today more stimulus from china, that certainly helps. stuart: you're talking as if this is a rally that has legs. >> oh, you better believe it has legs. i say that because we're getting forward clues about the economy. when companies raise their guidance at a faster rate than they lower guidance, they're looking forward. that's a pretty strong indication about the economy. when you have the atlanta gdp now forecast, in other words, realtime what's happening in the economy, when that's going up more than what the economists

say happened a quarter ago, that's a forward indicator. again, there is a lot more the like. and don't forget that rates are coming down. that is just a wonderful shot in the arm for all of us, stuart. stuart: not bad at all. adam, stay there, please. >> you bet. stuart: this is a political bombshell. new york city's mayor, eric adams has been indicted under criminal charges. those charges could be made public today. the fbi searched gracie mansion earlier this morning. mayor adams believes it's all a political. watch. >> >> it is now my belief that the federal government intends to charge me with crimes. if so, these charges will be entirely false based on lies. but they would not be surprising. i always knew that if i stood my ground for all of you, that i would be a target. stuart: the administration is paralyzed, the city is in e crisisment this is a breaking

story, and we'll follow it throughout the show. we'll monitor and bring you the latest headlines as they come in. here's something -- i call this a contradiction. kamala harris says the failed policies of the past that were hers aren't working. is that an admission? if watch. >> i have pledged that building a strong middle class will be a e defining goal of my if presidency. we just need to move past the failed policies that we have proven if don't work. if. stuart: wait a minute, whose failed policies? she's the one who's been in office for the past three and a half years. if are those the policies that failed? yeah, we've got to get beyond that, for sure. kennedy all over that one with. a 211-day ceasefire -- 221-day ceasefire is on the table for israel and hezbollah. question, is hezbollah backed into a corner? we'll deal with that next. ♪ ♪

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stuart: it's a rally, sports fans. china brings out the big guns on stimulus, the dow ooh's up 200, nasdaq up a whopping 341 points. this is premarket. the white house has proposed a 2- 211-day ceasefire deal $2. nate foy is with us. >> reporter: negotiations are certainly ongoing, and they have a long way to go, stuart, but we do have new video to show you of a strike in beirut that is happening within the past hour. this is after the edf if conducted -- idf conducted several strikes on targets that hezbollah uses to transfer weapons along lebanon's border

with syria. the idf says hezbollah has fired at least 45 times today and all this as international partners try to broker a three week ceasefire agreement for a temporary pause in the fighting. that this effort led by president joe biden and french president emmanuel macron. but israeli prime minister benjamin netanyahu is certainly throwing cold water on those reports at least for now. his office said this morning he didn't even respond to the american-french proposal, he instructed the idf to continue fighting in full force. that's exactly what's happening. you just saw the video from beirut. the idf says that it's taken out 75 targets overnight, more than 22,000 over the past three days. and meanwhile, israeli troop troops held a training in the north preparing for a possible ground offensive into lebanon. the chief of staff told troops that is something they need to be ready to do. israel continues defending itself from hezbollah rockets in the north. this video is from the northern city of haifa as a the port city

got hit by a drone attack overnight that injured two. the islamic resistance in iraq took credit for that attack. so israel facing threats from several directions, and they continue operating in gaza as well where the idf says in the past week they've killed 15 hamas terrorists. back to you, stuart. stuart: we'll take it. thanks, nate. a former cia station chief, dan hoffman, joins me now. dan, has hezbollah miscalculated? have they been backed into -- have they backed themselves into a corner? >> yeah, i think iran might have miscalculated potentially as well. look, this round of fighting started on act 8th -- october 8th, 2023, when hezbollah's leader, hassan nasrallah, declared that hezbollah would support hamas during the gaza war. so hezbollah has been a launching rocket attacks daily against israel, and that has resulted in 770,000 roughly --

70,000 israeli citizens having to flee from the north. that is untenable for israel and for their economy, and that's why israel is pushing back. they've targeted the, successfully targeted hezbollah commander s, their rocket launch sites and their foot soldiers. israel is trying to degrade hamas -- hezbollah's capability and gain escalation dominance to stop those rocket attacks. but if that fails, then prepare for the ground offensive. no one is talking about a ceasefire right now. in fact, israel's foreign minister just said today there will be no ceasefire. stuart: well, a ceasefire would essentially give hezbollah time to recover, surely. >> that's right. and there's no indication that hezbollah's going to stop launching those rocket attacks on israel. this is also israel's best chance to strike at hezbollah. they have significantly degraded hezbollah's command and control, targeting their senior leadership as well as their rocket launch facilities, and so i think israel feels like now might be the time to go.

but again, the key here that hezbollah for almost a year has been striking at israel. the war began in october 8th, at least this round of it, back in 2023, and this is only so much that israel can stand if -- stand for. and the biden administration talking about deescalation just fails to accept the reality of the situation on the ground. stuart: indeed. let's change to a different theater. putin says he is prepared to use nuclear weapons if any country with nuclear capabilities assists ukraine in an attack on russia. should we take this threat of using nuclear weapons seriously, dan? >> well, the russians were quick to note that this is a draft change to their doctrine. but, look, this is vladimir putin opinion, another level of his rhetorical nuclear banksman ifship, and why does he do it? because he knows that it works against the biden administration has been overwhelmingly focused on the spect per of a nuclear war that putin raises to induce us not to give ukraine what they

need when they need it. we've been delayed in giving ukraine missiles and a tanks and f-16s, but none of that has resulted in the nuclear war that putin has threatened, nor has ukraine's incursion into kerrsing. so, look, russia's getting a lot from their allies, china, north korea and iran, and we have supported ukraine, we just haven't given them enough fast enough, and that's what i think president zelenskyy will be talking to president biden about today. one more reason for putin's threats, the discussion is ongoing about whether the allow ukraine to use long range missiles, u.s. and u.k. missiles, to strike inside russia at military targets. ukraine says they need to do that to defend themselves, and that's what i think will be discussed as well today to. stuart: and putinen doesn't want that, does he? dan hoffman, see you again soon. senator bernie sanders is leading the charm to block arms sales to israel. what -- the charge to block arms sales. >> he's introduced legislation. now, remember, this was approved

by the biden administration back in august. sanders took to social media to explain why he's doing this. he ea accused israel of waging an all-out war on the palestinian people saying, quote, sending more weapons to net an ya here's extremely government is illegal, far too many casualties in gaza. we must end our complicity in this atrocity. he's arguing that sending weapons to israel violates what's known as the foreign assistance act that requires arms -- transfers to avoid any association with human rights what's really interesting here is the senate does not have to vote on it until they reconvene in november, that's after the election -- stuart: after the -- >> exactly. stuart: thanks, kelly. check futures. you're going to like this. we're running up to the opening bell, we've got plenty of green on the screen. 200 up for the dow, 330 up for the nasdaq. the opening bell is next. ♪ ♪ just to see you smile, i'd do

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stuart: the dow opening with a gain of probably about 200 points in just a few minutes' time. the nasdaq up about a 300

points. we've got -- this is a nice rally, lisa. it's all about china and stimulus, isn't it? if. >> yeah. i mean, we are seeing the tailwinds from the fed rate cuts as well, and i think the a.i. theme is back in full force. over the last couple of weeks, you've seen this bull case rebuilding. we've had a roller coaster ride over the summer, but we're now entering what we could see being a trending market over the next couple of months. there are a couple of hurdles, of course, for the stock market between now and year end, but right now things are looking good. stuart: so come right out with it, you see this rally going on for the rest of the year, is that that you're saying? >> well, we have this little thing called an election coming up and the potential for more rate cuts, so i think there could be twists and turns along the way. one scenario that i'm modeling is a trending market through the end of the year. we have the conditions set up for that right now with the s&p

500, so that's the best time to be making money, when the market is trending. stuart: sounds good to me. you brought some stock picks with you. we can start with microsoft p. it's at $434 a share right now. why do you like it? >> so this is what we call a long-term leader. if you look at the monthly chart of microsoft, this is a stock that's outperformed the s&p 500 over a very long period. and not only that, it has strong earnings that are growing at a very stable clip. so with the setup here with microsoft trade around some key long-term moving averages, that's where you want to be buying kind of a sleeper stock like microsoft. it does have these periods where it outperforms pretty considerably over the short term, but over the long term it's more of the tortoise verse discuss the the -- versus the hare situation with microsoft. stuart: okay. all of the hip makers are up today -- chip makers, and you particularly like arm. why in particular do you like arm? >> so the technical setup here

is very compelling. it's been tightening up. there's a round number, right at 150 or so where it's trade, but beyond that i think the story here is really interesting. this is a chip designer that licenses its designs to the likes of nvidia, amd, qualcomm, even apple. so i think that's a very compelling growth story that this company has. stuart: last one is nrg energy. >> yeah. so i think the surprising story out of 2024 perhaps is that utility stocks are being treated like a. a i. stocks, and energy definitely in the mix there. speaking of microsoft, we last week saw a big deal between microsoft and constellation energy, and that really lit are up this utility-energy sector, and nrg definitely part of that. but some other stocks in the group are now way extended. this one is not. and last night they raised their earnings guidance, so i think it's in position here even with

a strong start to the day, let's see how it trades today, but i think it could be interesting here. stuart: looks like an up market certainly for today and, i hope you're right, for the rest of the year. that would please a lot of people. alyssa a, we appreciate it. >> thank you. stuart: adam, got negative to say about it? i think she agrees with you. >> oh, yeah. she's got the correct call on this market. market is going higher. we are in a bull market. new highs beget new highs. and, by the way, she writes for ibd investors' business daily, love it. they're very good. i use them. stuart: we've got about 20 the seconds to go before the market opens, and as you can see on the left-hand side of your screen, the futures are indicating a very positive open this morning. we have a big stimulus program, again, a second one, actually, coming out of china this morning. europe is up, asian stocks are up and now wall street is about to open higher as well. china's doing a lot of hard work here for us. the dow can industrials have opened, we're off and running

and the dow is up 238 points, 42, 144. the sr -- there's the dow to. -- dow 30. almost all of them are in the green. the s&p 500, that's just hit a new all-time high, 5,764. it's up almost three-quarters of 11 -- 1, that's pretty solid. and the nasdaq, i'm waiting for this one, i would expect a significant gain, 18,300, that's the mark on the nasdaq right now. that's up 1.25% plus. on your screens, big tech, alphabet's up $2. meta is up 5. amazon up a dollar. apple is up 67 cents. microsoft just 77 cents, but all big tech are up. if. now let's have a look at the chipmakers. all of them way up. why the big gain, kelly? >> micron. and specifically micron's guidance. the company posted significantly better than expected revenue

guidance for the current quarter, and remember, micron is a supplier to nvidia, and you can see the news is lifting all tides. samsung, asml, all surging on the news, and the reason that micron's guidance indicates demand for the if data center chips is the still strong which the the a.i. bulls like to see. stuart: you've got a ton of semiconductors -- >> i own six of them and have 3% positions or more in all of them, so the portfolio doing well today. i've been a little worried from time to time, do i have too much? i think at this moment in time, no, you cannot have too much semiconductor exposure. artificial intelligence is such a powerful tide that is rising so many boats, and it has only just begun. stuart: ouch. palantir, i know that thing is sharply higher today. it -- well, no, it's not, just a quarter of% -- 1%, that's all. i thought people had become very bullish. >> yeah. specifically dan ives of wed bush. he says the company's a.i.

platform is going to be a game-changer for them, so more and more enterprises are jumping onboard. it basically enable as companies to leverage a.i. in a seamless way, and it's a tangible way for palantir to monetize a.i. with a clear time horizon. wed bush thinks this is going to the take shape in the next 12-18 months which is a great timeline for investors. stuart: what do to you think on palantir, adam? >> i shoot myself if every day for not pieing it. -- buying it. i tell you why, it's the way they collect revenue. they get a big chunk of money up front and only a little bit over the subsequent quarters, and i didn't like that business model. i should have, it's done great. stuart: it sure has. hurricane helene is headed for florida's gulf coast. i prime it's going to have a huge -- presume if it's going to have a huge storm surge. what that's ooh doing for company -- companies in the generator business? >> their their -- they're up

right now. normally means lots of power outages. you're going to see disruption to production for companies that have production if facilities there, so some retailers, energy stocks, but your generators, they're going to go up because people are going to think, oh, for the next time -- stuart: i just wonder if generac can keep in touch with the demand. demand is surging. i want to talk about starbucks for a moment. they a got an grate grade from bernstein. -- upgrade. why the upgrade? >> new ceo. raising their price tag to 1115 from 92, and they're predicting -- 115. they're focusing on streamlining operations, making the menu less customizable. they say the turn-around's going the take time or, but they expect the -- stuart: the menu less customizable, that means less choice for your coffee, right? >> but you'll probably get it faster because people like me aren't going to be adding oat milk. [laughter] >> when you walk in and people

are, like, i would like the cherry loco last -- latte -- are you kidding me in just drink the coffee. stuart: youngsters like choice. >> yeah, but have you ever been asked would you like animal milk with your coffee? what do you mean? what's animal milk in it's milk -- stuart: is that what they have to say? >> yeah, it could be oat milk -- do you want animal milk? stuart: i do, i drink it. meta just unveiled a cheaper virtual reality headset, they just revealed them, the stock's up 1%. how much? >> $299. that's a discount from the previous version, and it is the well below the apple vision pro headset which they're trying to compete with, that retails for just under $3500. they also introduced an updated a.i. assistant, so on top of all sorts of taskings, it can speak in the voice of celebrity it is.

finally, think teased the future of those vr goggles. it's not available to the public yet, but the idea is instead of having a big headset, right, you can have an immersive experience with manager that looks very much like these. this is the current version that is available to the public, but the idea is in the future you'll put this on, and you will see everything that you would with the goggles. stuart: so it's just like a pair of glasses. >> yes, but they're just using this internally right now. stuart: that, i might if think of. the goggles turn me right off. also i get seasick. doesn't everybody -- >> yeah, i tried 'em, and i definitely got seasick. stuart: did you really? >> yeah, i was riding a roller coaster with the goggles on, and i just -- it's funny, it's weird. stuart: okay. adam, you brought some stock picks. >> i did. stuart: you're going to start with wynn resorts which i figure is a china play at the moment, but you've got more than that. >> yeah. it's up 6.5% because of all the china stipel stimulus, 48% of

rev nows come from macau. they're opening the new complex near dubai next year, that's going to be exciting. you know, they run a wonderful property in boston that is now 14% of revenues, the encore up there. it's growing gangbusters. i've that -- stayed there, it's a lovely place. the largest hotel rooms in boston are at the encore. wynn's a wonderful property pot. stuart: i go to a lot of restaurants, and the wait staff has come to me with the bill, and it's a little hand held computer, you just tap your card. >> yes. stuart: am i right in saying that your stock pick, toast, is the company that makes the -- >> correct. toast, tost, number one, surprised today it was up 2.5% pre-open, but, yes, they make the hand held device, you know, the the size of an iphone. and what's really cool not only will it allow a waiter to put

the order in, it can actually then tell the chef what ingredients were used over the course of the whole evening based upon all those orders and will send an automated order to the wholesaler so you get 10 pounds of meat delivered the next day because you served 10 pounds of meat the night before. yeah, just buy it. stuart: it also sticks it to you on the tip because you're presented -- >> because you see 22%, and you just say, sure. [laughter] wonderful company, i think it's going to $50, t at 27ed today. stuart: we'll take it. thanks very much, adam am. coming up, trump gave a blunt threat to iran over their assassination threats. >> if i were the president, i would inform the threatening country, in this case iran, that if you do anything the harm this person, we are going to blow your largest cities and the country itself to smith if leans. stuart: -- smithereens. stuart: he said it, house oversight chair james comer is going to deal with that. melania trump described what

it was like watching footage of the first assassination attempt on the tv. >> i ran to the tv and i rewind it and i watched it. nobody really knew yet, right? because when you see him on the floor and you don't know, you don't know what's really happened. if. stuart: she says she believes manager was watching over him. -- something was watching over him. kamala harris has reverted back to the fair share their a delaware. watch. narrative. >> we're going to have to make sure that the biggest corporations and billionaires pay their fair if share. that's just it. it's about a paying their fair share. everyone should pay their fair share. stuart: yeah, right. vivek ramaswamy's got a lot to say about that and so have i. ramaswamy is next. ♪ you're out of touch, i'm out of time. ♪ but i'm out of my head when you're not around ♪

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stuart: that is a rally, sports fans. the dow up 200, the nasdaq is now only up 192, that's still just over 101 -- 1. donald trump and kamala harris gave more details, some detail the about about their economic plans. madison alworth has been following this. take us through their to opposing views. >> reporter: both are promising to bring down prices, but they do have different strategies of doing so, and you did allude to this, it's the still light on details. let's start with harris. she's promising to bring down costs or to inflation, it will be a top priority if she is elected as president. she's vowed to give $25,000 to first-time home buyers, she's pledging $100 billion in tax credits and vow dog to boost manufacturing jobs. she hasn't really explainedded

how she will implement some of those policies, but she pushed the ideas yesterday on msnbc. >> let's create an economy where people have the ability to buy a home, to start a business, to take as nice vacation from time to time or, right in. >> reporter: but critics are saying that the biden-harris administration, they're the ones responsible for making this american dream harder to reach. take a look, during the president biden-harris administration, prices are up 19%, that's inflation. and there are questions as to why they haven't tackled this issue over the last three years. harris and her boss have repeatedly promised to bring down prices. watch. >> and when i am elected president, i will make it a top prior deto bring down costs -- to bring down costs and increase economic security for all americans. >> i want every american to know that i'm taking inflation very seriously, and it's my top domestic priority. to discuss my top priority, and that is addressing inflation.

>> the president and i have doing everything in our power to lower the cost of the things that matter most for american families. >> reporter: meanwhile, trump is focused on strengthening manufacturing in the u.s. some of his ideas, he's vowing to to put a so 100% tax on cars made in mexico, meanwhile, introducing a 15% made in america tax credit rate -- tax rate. the economy lost 24,000 manufacturing jobs in august, both candidates hoping to reverse that trend with their own ideas. stuart: deferent ideas too. madison, thanks very much, indeed. listen to harris call for billionaires to, or quote, pay their fair share. >> if gop takes control of the senate, where do you get the money to do that? do you still go forward with those plans and borrow? >> well, but we're going to have to raise corporate taxes, and we're going to have to raise --

we're going to have to make sure that the biggest corporations and billionaires pay their fair share. that's just it. it's about a paying their fair share. i am not mad at anyone for achieving success. but everyone should pay their fair share. stuart: okay. former republican presidential candidate vivek ramaswamy is back with us today. vivek, they're back to this old fair share concept. if i'm tired -- i've been hearing this for 30 years, vivek. >> well, the reality is this has been old trope, but i prefer specifics, stuart. the reality is the top 1% in this country do pay about 45 percent of total taxes, that's more than the bottom 99 combined. so if you think it should be more, be specific and then we can have that policy debate in the open. of course, it's not a popular thing to do, but the reason is it's not even for the top 1. what we want for the rest of the

country to have economic prosperity. the question we should ask is, what allows everybody -- workers, manufacturers, entrepreneurs, business owners, everyone -- to create a more prosperous economy? and this fair share pie onis really just a way of avoiding policy specifics. it's one of the things i talk about in my if new book, "truths." one of the hard truths is the democratic party uses these policy deficits not just as an inconvenience, it's actually a feature to sidestep the debates that they don't want to have, and wee t to bring it to their home turf, and that's why i wrote the book. stuart: trump was recently briefed on iran's attempts to assassinate him. how should we respond to -- i call this direct election interference. by iran. a foreign power. , how should we respond? >> look, i'd like to get more to the bottom of these facts, right? i think the public deserves actual transparency. there have been a lot of facts

apparently based on briefings behind closed doors. i want to get to the bomb of both of those assassination attempts. go back to what happened in butler. we still lack full transparency as to how there could have been secret service failures that ran that deep. we need to understand and fix those problems. second time around, transparency around what exactly was going on around this alleged note that was sent long before. these are questions the public deserves answers on. and one of the things, stuart, i think we need is we need to have clarity. if some ways you have got to have actual clarity on the root causes. it's like in medicine, you want the diagnosis before you deliver the treatment. i think the same thing goes for this. we're not going to get the the right answer or response until we get to the bottom of the facts of what's actually going on. stuart: and i'd like to know what we're going to do with iran. vivek ramaswamy, thanks for joining us this morning. good luck with the new book, we appreciate you being here. coming up, kamala harris gave a speech about her economic plan, then sat down for an

interview on msnbc. one thing's clear, the government plays a central role in her opportunity economy. that will be my take at the top of the hour. small businesses looking at ways to send out their products if there's a strike at eastern and gulf coast ports. it's going to be expensive though. we'll tell you all about that next. ♪ some day love will find you, break those chains that bind you. ♪ one night will remind you how we touched and went our separato ways ♪ 's one that knows your world. a custom assistant, built on watsonx with ibm's granite models, can leverage your trusted data, be easily trained on your workflows and integrate with your apps. it can be tuned to do just what you need. because the more ai knows about your world the more it can help you do. ibm. let's create.

stuart: all right, let's give the latest on this potential strike at various ports around the country. grady trimble is actually at a factory in baltimore. grady, we want to know how much would a strike cost manufacturers? >> reporter: just this company alone, stu, could have to pay hundreds of thousands of dollars more in shipping if, for example, they have to switch from cargo ships to air cargo. this is marlon steel, they make all sorts of steel products like these paint bucket handle, carts, trays, all sorts of stuff are made here. you can see this steel spool going into the machine. drew greenblatt is the ceo and part of your job right now is coming up with a contingency plan if this strike happens. what do you do? >> we're having challenges

because we want to ship all over the world. we ship to 45 countries, we make it all in baltimore, indiana and michigan, and it ships out of this port here in baltimore. and if we can't get it through this port, we're going to have to pit on airplanes. >> reporter: and that's going to cut into your margins bigtime. >> terrible. we must if hip on time. that's critical. -- hip on time. it's terrible because it's going to disrupt our smooth flow to our clients. >> reporter: we're still several days out, maybe they avert a strike, but even now you're planning as if it's happening, right? >> absolutely. we're talking to different entities like fedex and ups to put it on airplanes to fly it all over the world. >> reporter: gotta come up with a good plan b, that's what ceos do, stu. stuart: that was good stuff. grady, thank you very much. adam, kelly, thank you very much for sticking around for the hour. appreciate it. still ahead, house oversight chair james comer on the trump assassination if threats from iran. kennedy on kamala harris touting

what she'd do if elected even though she's been in office for three and a half years. brent bozell on the softball interviews for biden on "the view" and harris on m if snbc, and new york city council minority leader joe borelli on mayor eric adams' criminal indictment. the 10:00 hour is next. ♪ ♪ [♪]

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