whether or not he calls on lara trump and we'll be calling her senator trump. >> yes. and on the marco rubio nomination, i think, like i said last week, this cabinet is going to be a combination of insiders and outsiders ors, those who are worried about the the u.s. retreating into isolationism should not be worried. rubio is an iran-china hawk, and to balance him out we have tulsi gabbard who, i think, is going to rein in system of the rogue elements of the national security ap a rat us the. the trump's mandate, part of it was disruption to the bureaucracy. that's what he's going to deliver with some innovators from unlikely places. maria: michael waltz also a china hawk. and that's another pick. great show. thank you so much, everybody. mark tepper, lee carter, caroline downey. "varney & company" picks it up now, stu, take it away. stuart: good morning, everybody. the president-elect is rapidly consolidating his power. the transformation of government is in place. the republicans have retain thed

control of the house. they got the white house, the senate and, yes, the house. trump is finalizing his cabinet. he's appointing loyalists who will follow the maga movement. they accept trump's policies and his authority. his latest pick, matt gaetz for attorney general. that is controversial. gaets is a political firebrand. he's not going to be a shoo-in, but the stage is set for government unified behind the president-elect. anyone inflation numbers out this morning, prices paid by business. in the last year they've begun up 2.4%, and that is slightly hotter than expected. stocks, though, on the rise again this morning. the dow jones industrial average looks like it's up about 70 points, but we've got a downside move to the s&p and the nasdaq down 35 at this point. interest rates just a little higher after that inflation report. the 10-year is 4.46%, and the 2-year right around 4.30. it's actually 4.29. bitcoin, always in the news these days, holding well above

$900,000. 900,70 to-- the 90,307000, actually. on the show today, details of the harris campaigns wild spending. consultants got $are so to -- $100 million. oprah's production company got a million, $4 million spent on private jets. polymarket, the political betting site, under investigation. the founder's cell phone seized in a dawn raid. polymarket had successfully predicted trump's win. is the raid political retribution or a valid investigation into suspected manipulation in and then there's elon musk, the world's richest man very much in step with the world's most powerful man. that would be donald trump. musk is the most powerful person after trump in the administration, but both men like the spotlight. neither wants to be upstaged. how long can they the stay together? if thursday, november 14th, 2024. "varney & company" is about to begin.

♪ ♪ ♪ stuart: ah, rolling stone it is get us going mt. morning, all down the line. that's a reference to the gop, they've got the senate, the white house and the house. lauren: the trifecta. stuart: there you go. excellent commentary there, lauren. it is a clean sweep. house has been officially called for the republicans. they will hold the white house and both bodies of congress for at least the next two years. president-elect trump continues to load his administration with loyalists. yesterday he mom if mated matt gaetz as his attorney general, tulsi gabbard as his director of national intelligence, and he announced marco rubio as secretary of state. john thune is the new majority if leader.

he says the senate is ready to support trump. >> and this republican team is united. we are on one team, we are excited to reclaim the majority and to get to work with our colleagues in the house to enact president trump's agenda. stuart the transformational administration is well underway. ben domenech with me now. is the maga movement now in full control of the government? >> you know, institute, i actually -- stuart, i actually don't think it is. one of the reasons i say that is because i think a lot of people would have preferred within the maga movement of to have rick scott as the majority leader in the senate. john thune has been around for quite a long time. he is a very establishment republican in terms of his approach. he's a to to-business guy. i actually like john thune. i worked for john cornyn, his opponent in this election, for a couple of years, and i think he would have been a good majority leader to too. but one things that is an advantage for john thune is he

is very tall, so that will help him, i think -- [laughter] when it comes to commanding the heights of the types of issues he's going the to deal with as the majority leader. he's someone who, i think, is well suited for the it is task. and while he is not originally a maga republican, i think he's going to be able to adjust and lead in a way that mitch mcconnell was not able the because of the an not -- animosity that he had with president trump, something that was really a problem for a lot of senate republicans and force forced them into difficult positions. i think john thune is going to be the much more open to the kind of input from the body, the critiques that you see emerge if naturally from the senate, for all these different policy issues that the senate is going the to have to tackle and have to to work with the white house on in this next administration. stuart: john thune is not a serious road bump on the maga road, is he? >> well, i did say he was very tall --

[laughter] i'm sorry. he is, he is not a road bump at all. he is not someone who's going to be throwing up any kind of barrier, i think, for the maga agenda. and one of the things that i think is actually a real aspect of john thune that i think you should appreciate is that he's someone who has always been very open to input from people who disagree with him within the conference. something that, if you're going to to level a critique against mitch if mitch mcconnell, it was that he basically ruled the senate with an iron fist. he was not really open to the kind of critiques that the you would hear from other member9. whether it was from a conservative perspective or just from a policy per if spective that was general -- perspective. he was not someone who was really listening to the kind of criticism that would come along naturally within that body. john thune is someone who is very affable. he's very willing to work, you know, across these ideological lines and frankly, i think that

this sentence is very much going to be align with this white house and with the president on a numerous list of issues. stuart: i just wanted to be clear or -- >> that doesn't necessarily include all of the cabinet nominees. stuart: okay. i just want to make my opinion cheer that the way is clear now for a transformational government in place. last one for you real a fast. biden consistently attacked trump calling him a fascist and a threat to democracy. i'll show you a picture. does this look like someone -- the. [laughter] for heaven sake, does biden look like trump is a real threat to democracy? >> well, you see here pictured, stuart, is obviously donald trump alongside two of his best demographics, you know? older americans and suburban moms. [laughter] who voted for him emphatically, voted for kamala harris. i'm sorry, i'm not sure i've ever seen joe biden look as happy as he does in these

pictures. interpret that for yourself. i know what my interpretation is, which is i think he seems very satisfied that this election resulted the way that it did. and, look, i mean, she did wear red when she went to vote, stuart. i mean, come on. stuart: i got it. [laughter] hardly a threat to democracy in that picture. ben, thanks for joining us. see you again soon. >> good to be with you. stuart: bitcoin keeps heading higher. it's retreating a little today, $90 to,7000. lauren: the story is the the $9,000 ride. t not just for bitcoin, their total market cap is $3.22 the trillion. i'm going to make an odd point right now. the more they grow, the safer they become in many investors' minds. so the higher the price because of fomo, more people coming in, the less risky the investment comes with a pro-crypto president-elect who says he will

set up a clip to the currency reserve and a crypto advisory council. $100,000 by christmas, $1235,000 by inauguration day. stuart south i've heard that before. we got the latest read on inflation today. the producer price index up, what is it, 2.6% -- lauren: no -- stuart: 2.4. lauren: the well sale version of cpi, what price get for their items. there's your year-over-year, 2.4 %. it was 1.8% in september. and then if you take out food and energy, it came in at 3.1% annually. so the story is core inflation has a 3-handle. i'd call it warmer than expected. it's not a raising any red flags but moving in the wrong direction confirmed by yesterday's consumer prices and today's wholesale prices. stuart: not really hurting the sock market at this point.

let's bring in gary kaltbaum. what do you think of this new government efficiency program led by musk and ramaswamy? do you love it? >> call me thrilled as one of the biggest deficit and government efficiency hawks on earth. anything that moves that forward gets me quite excited. and just the message to elon ask and vivek that our federal government's size and spending is up almost fourfold since the year 2000 while i think our population's only up about 3222. -- 232%. from this blob, there is plenty to look at and plenty to deal with. 2 2%. they're not a government entity. they're going to the make recommendations. we're going to have to get voted. and if they don't decide to vote on these cuts and some of this efficiency, that's going to be on the republican side. stuart: okay. we've got a unified government. we are looking at tabs cuts and spending cuts.

is that enough to keep the rally going in stocks? >> met -- let me just say near term it's getting a little bit too frothy in here, so maybe we pull back. but, yes, going forward. you've just got to remember the whole perception has changed9 with the election. we were ruing -- losing the trump tax cuts. now they'll probably get extended plus other tax cuts. and, bio, oh boy, president-elect trump has given out a laundry list of what he may be looking at. and the fact of the matter is more money staying with the economy and out of government's hands is a very good thing for the economy. and let's hope they mean business as they move forward. stuart: here's the possible problem, the yield on the 10-year treasury continues to rise. it's the real close to 4.5% now. is that a threat to the rally? >> cost of capital going up, yes, and as it gets closer the 5%, i think that's a definite if

headwind. i'm just worried, all this talk about inflation is dead, i'm not so sure. it is a very fine line, and now that you have the central bank pretty much dropping all pretense about caring about it, watching closely. i'm not even caring about the government stats. if the 10-year keeps going up, i think there could be trouble ahead. so that's the one thing i'm watching most closely away from individual stocks and sectors. stuart: got it. gary kaltbaum, see you again soon. coming up, trump tapping congressman matt gaetz for attorney general. that sent shock waves through congress. >> just kind of like a god tear kind of controlling -- troll thing, just triggering a meltdown the. >> i kind of wonder if he can get confirmed by the house republican conference. stuart: shannon bream will talk us through that one. fbi agents raiding the manhattan apartment of polymarket ceo shane cop land.

his betting platform if predicted trump's landslide win. was the raid political retribution? mr. wonderful, kevin o'leary, has that next. ♪ staring at the blank page before you with -- ♪ open up the dirty window -- ♪ let the sun illuminate the words that you cannot find. ♪ reaching for something mt. distance -- ♪ so close you can almost taste it. ♪ release your inhibitions, feel the rain on your skin. ♪ if. ♪ (cheerful music) (phone ringing) [narrator] not all multi-millionaires built their wealth the same way, you have... the fearless investor. the type a cpa. the bootstrapper. the bootmaker. yeehaw [narrator] but many do have something in common. we all trust schwab with our wealth. [narrator] thanks to our award-winning service,

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stuart: all right, 14 minutes to the opening bell. dow's going to be up about 90, minor losses s&p and the nasdaq. mixed picture. the fbi raided the manhattan home of polymarket chief executive shayne coplan. lydia hu has the story. what do we know about it? >> reporter: hey there,

stuart. the fbi took the cell phone and electron thetic devices of this 26-year-old ceo. polymarket, as you know, allows users to place bets with cryptocurrency on a lot of different events like sports and pop culture, and it gained a lot of attention this election cycle. 9 and the agencies are reportedly investigating polymarket now for allegedly accepting trades from users who are in the united states. the doj declined to comment. the fbi did not immediately get back to the us. but as you know, election betting was legalized in the u.s. this year, but polymarket is not approved by the commodities future trading commission yet. the platform is not supposed to be available in the u.s. to user here. and that comes after a settlement it reached with the government two years ago. but this raid that happened just is yesterday, it comes after the platform correctly predicted donald trump's victory last week, contrary the all the opinion polling. a spokesperson for the company called the raid, quote, obvious

political retribution by the outgoing administration, and the ceo, coplan, he added in this in an x post, quote: it's discouraging that the current administration would seek a last ditch effort to go after companies they deem to be associated with political opponents. the incumbents should do some self-reflecting and recognize that taking a more pro-business, pro-start-up approach may be what would have changed their fate in this election. i said a lot of attention on polymarket around this presidential election, stuart? $3.5 billion wageredded on it alone. stuart: interesting question. lydia, thanks very much, indeed. kevin o'leary with us this morning. i want you to address this subject. do you believe that the raid was part of a legitimate investigation into manipulation or was it political retribution? >> no, not at all. the rules are very, very plain and transparent about online gambling and betting. and what is going on here is to scrutinize whether any of those

rules were broken. this is a lot of money. there was reportedly a whale that made a very large gain on this. they're just going to look at it and say show us the accounts, shows us the transactions and show us the proceeds. the use of funds transferred in, transferred out. and it's all online. it's all on the blockchain. they'll be able to do this in a matter of a week or so, to see if this company, in fact, broke the rules. now, it'll be a bad outcome for this man if he did. the penalization on crypto cowboys of late has been really tough, as you know, with sam bankman-fried. i hope not for this guy, but, you know, at the end of the day they're abiding by a ruling and a settlement. you don't -- if i were on that board, i would not be putting out political statements about the election. it has nothing to do with that. this is about getting a good lawyer and being transparent and keeping your mouth9 shut.

that's my advice for him. otherwise he's going to learn to spend some time in a place he doesn't want to be. stuart: ouch. all right, kevin. bitcoin. huge run since the election. you're a crypto guy. $91,000 a coin now. does it hit $100,000 and when? >> yeah, there's very little resistance if you're a technician. let me explain why with i believe this is happening. it's no secret the transition me, howard and linda working for trump, are looking at new positions particularly around the regulatory environment and crypto. and the cftc specifically. now, the cftc, as you know, is a commodities regulator, and there's been a lot of debate as to where this should be regulated. the speculation in washington -- because all kinds of people's names are being thrown around for these positions. but they are probably going to pull a little bit of this away from the sec.

gensler has been very successful in litigating this whole issue around crypto. but the industry wants to be regulated so financial institutions can own this asset. so this is the anticipation of a more regulated environment environment so institutional and sovereign wealth can take a position in bitcoin, up to 3%, 4% weighting in typical portfolios. and this is actually probably going to hit 100k. everybody's speculating, pretty quickly. and i don't see any reason why it stops there. if this truly is going to be an alternative asset class much akin to gold, there's demand for it. and the other offset will be the interest in bitcoin mining once it good many requests regulated. -- becomes regulated. stuart: okay, the other trump rally is in stocks. has that got legs? >> yeah. i'm pretty happy with that, stuart. [laughter] stuart: i can tell.

>> i don't show up for politicians, i show up for policy. we're not going to get a 28 tax rate which would have decimated 28% of the earnings of the s&p right away. it doesn't matter. the risk of that held back many people from taking longer positions. number one, a. i'll potential continues to -- a.i. potential continues to grow, so a lot of product it in the s&p 500 across all 11 sectors, and then this idea of a more regulated environment regarding tariffs. in other words, this is really code for saying trump is going to squeeze chides that -- china to be compliant with the rules laid out in 1999 with the wto, and everybody wants that. i'm pretty happy with this. you know, it's in the about being a pro-trumper, it's about being a pro-business policy guy. so you're unleashing the the wild forces of more upside in the market, and that's why it's the happening. stuart: it feels -- the vibe's changed. it feels good. kevin o'leary, mr. wonderful,

thanks for being with us. thank you. >> take care. stuart: check futures please. up 90 on the dow, down 30 on the nasdaq. mixed picture. the opening bell is next. ♪ baby, you can drive my car and maybe i love you ♪

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stuart: three and a half minutes to go before the market opens. dow's going to be the up about 100. d.r. barton with us. i ask everybody the same question at this point, does the trump rally have legs? what do you say? >> stuart, this rally has legs and more legs. you know, a couple of great things are happening to support it. the number one thing that i like is we have begun the strongest three months of the year in any if given year. if we look many november, december and january results, they are the highest returning times anytime we look back into the 1950 -- since 1950. we've got seasonality supporting us, we've got business friendliness supporting us, we've got three different branch9 of government supporting the markets.

i think lots of legs, stuart. >> okay. you brought a couple of stock picks with you including intel. they've not been getting great pub if listy recently. why do you like them? >> i think that this is a pure administration play and new government play here on the red team that they are going to do even more to support onshore chip manufacturing. intel's gotten some bad press, but they've also pulled up off the bottoms, stuart, of where they got knocked down to, and they're still making chips, still strong in the pc area, still strong with data centers. i think they have some legs, and i think they're going to get some rep help along the way. stuart: why are you going back to old tech? and i'm talking about ibm. you like 'em. $209 a share. where are they going. >> yeah. when we were sitting together in the studio week after a week with, month if after month and

ibm couldn't hit a revenue number the save them five or six years ago, we were talking about hem going away. well, what they have done is reinvented themselves as a consulting company in a.i., stuart. and i think they are going the continue to win more contracts. we've been talking about them since last october. on the positive, i think they're going to hit that all-time high, 10 above the year, which they were just at a few months ago, and they're going to to continue to to go from there. stuart: and you continue to chase defense stocks like lockheed martin and raytheon. you think -- have they got legs after the runup they've already seen? ten seconds, please. >> yes, they do have legs, and welcome heed's given us -- lockheed's given us a nice pullback to buy. they're going to continue to be that seth cybersecurity company as well, but the world's biggest defense company is going to do well under this administration. stuart: sure looks like it. thanks very much, d.r..

we're looking at an even split between the green and the red on the big board. s&p 500 also a ever so slightically higher, yeah, 6 points. that's nothing. the nasdaq composite, i believe that's on the downside. no, it's not, it's up 28% -- 28 points. big tech, where are they? apple, microsoft, amazon up. alphabet, meta if down. i've got to start looking at disney because they reported before the bell this morning. whoa, the stock is up. how good was that report? >> really good. a profit beat. and especially when they're forecasting double-digit profit increases out in 2026 and 2027, this is a company that the traditionally doesn't forecast out that far. so really good. the streaming services doing well. you're up to 158.6 million subscribers. inside out 2, great movie for the grandkids, that did well as well as deadpool and wolverine also did well.

stuart: i'm prized the theme parks are doing -- surprised the theme parks are doing well. they cost an arm and a leg. >> they did the say they struggled in paris because they were competing with the olympics d stiewsh. stuart: the stock up 10%, that's pretty good. argument sml, they make the machines ask -- that make the chips. why are they up nearly 5%. >> they came out i for their investor day and forecasted really strong demand going out through 2030 and maintained that guy dance. really important because, remember ors, just a few weeks ago we heard third quarter earnings and they said while a.i. was good, some of the automakersing, system of the pcs, some of the other demand, mobile phones was really weak. analysts happy that they came out and maintained that long-term guidance. stuart: then we have amd. i know they've just announced some layoffs. i want to know how many and why they're laying people off. >> about 4% or 1,000 employees. and the why is because they need to stay small and nimble to

maintain any competition with nvidia. the share9 of nvidia are up 200% this year with, a a md shares are down 5%. so this is a company, again, they are the number two, they need to be the nimble the really keep up. is. stuart: whenever i see nvidia on my prompter, i know it's something important. i know hay report next week. >> yeah. stuart: somebody, was it wed bush? raised the price target? >> plus a slew of others, like, five people, right, overnight. wed bush goes up to 160 from 138. oppenheimer goes up. raymond james goes up the 170 from 140. hsbc goes up to 200 from 145. susquehanna, should i continue? all of this, like you said, the alternatives report's going to be on the 20th. a.i. optimism and demand is here to stay. analysts just trying to to get ahead of that.

stuart: they better not disappoint, that's all i can say. more bad news, super micro. what's the delay this time? >> they've delayed the quarterly fining, and it comes of after we still haven't gotten the annual, the 10k filing, because the auditor resigned. we need financial updateses from the company, point-blank. stuart: 8%. i don't know how far down they've come, but it's a long way. >> down, i think is it 9932 -- 82 from the peak? if yeah. stuart: the $8.5 billion deal between pap industry and capri, it's the off. what happened? >> if the f if tc blocked it. they said there isn't enough competition in affordable luxury, and now officially they're calling it offful we'll have to see -- off. tapestry owns coach, kate spade, capri owns versace hawaii, jimmy choo, michael kors. but they're announcing a $2

billion buyback, pap industry is, and a dividend -- tapestry. stuart: taylor, thank you very much, indeed. check the big board, we're up 60 points. 44,028 is your level. dow winners, look at them on the screen. disney right at the top there. it's up 10.8%. major gain. chevron, merck, amazon and nvidia, they're all on the list. the s&p 500, walt disney tops it, tap industry on the list, schwab, wynn resorts and -- [inaudible] international. nasdaq winners, asml holdings up 5%. applied materials, siriusxm, qualcomm, micron tech, all of them up in percentage terms 2% or better. the yield on the 10-year treasury hovering around 4.4 42 2%. earlier it had approached 4.5%. gold, $2,567 an ounce. keeps coming down. bitcoin now at 91,7. oil well -- only just below $700

a barrel. it had gone down to 67, now it's 699. nat gas, where are we? $2.93. the average price for a gallon of regular, $3.08. and for california you will have to pay $4.48 a gallon. coming up, it's been over a year since hamas attacked israel. hamas is still holding hostage. families of those victims hopeful that president-elect rump can do something about it. -- trump can do something about it. one of the israeli hostages, we'll hear from his family in the 10:00 hour. trump turning to congress for his cabinet picks with elise stefanik, matt concern mike waltz and matt gaetz. i will ask congressman carlos gimenez, can they govern with a tiny majority? chicago's mayor johnson insisting police in his city will not help i.c.e. remove illegal migrants. >> we're going to protect undocumented individuals. the city of chicago will be better, stronger and safer

despite who's in the white house. stuart you're going to protect undocumented workers? they're costing a fortune. how will trump handle this type of resistance? former acting dhs secretary chad wolf has that this story next. ♪ she was like, oh, my god, this is my song. ♪ i've been listening to the radio with all night long. ♪ sitting around waiting for it to come on -- ♪ and here it is ♪ your business needs a network it can count on... even during the unexpected. power's out! power's out! -power's out!

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stuart: all right, we're 1111 minutes in, and the cow's up 15, the -- 11 minutes in. not much movement. democrats on capitol hill putting together a last minute executive order wish list for president biden to sign before he leaves office. hillary vaughn on capitol hill. all right, hillary, what are the democrats pushing for, everything? >> reporter: stuart, house democrats are well aware that time is running out to. they want president biden to use his executive power to do a number of things so that they are not sitting ducks during this lame duck session. everything from sparing

immigrants from mass deportations to preventing entiring agencies from being shut down. -- entire agencies from being shut down. >> yes. i think there's a lot we can to do around folks who have been here in our country. and need a pathway to citizenship. >> we're still figuring out what everything o agenda we want to pursue and ask the president for. i think there's some things that need to happen on immigration, yeah. >> one of the things that i'm most worried about is some of the promises to decimate, for example, the department of education. anything the president can do to shore up the civil service that make up the federal government, i think, is really important. >> reporter: democrats also chimed in on how some of their supporters have been reacting to this devastating election loss. some democrats having a hard time coping with the election loss, some are uninviting their families for thanksgiving, some are shaving their heads. is this the rational behavior?

>> i would have nowhere to eat if i uninvited republicans. the country goes on. >> i think as human beings we all have reactions to certain things when things are unfortunate. we all overreact. >> reporter: so it seems like some democrats in congress are brushing off this election loss a little bit better than some of their supporters, at least some lawmakers are not planning on changing their thanksgiving plans. stuart? [laughter] stuart: thank you, hillary. good story. thanks very much. all right, it's time to listen to what chicago's mayor, brandon johnson, had to say about trump's deportation plan. >> the president-elect, former president president trump, his threat is not just towards new arrivals and undocumentedded families. his threats are also against black families. we're going the stand up and protect our environment. we're going the protect undocumented individuals. we're going to protect black folks, brown folks. the city of chicago will be better, stronger and safer

despite who's in the white house. stuart: protect them from what, your honor? chad wolf joins me now. first it was massachusetts, now it's chicago saying they're not going to work with i.c.e. ore move migrants. can the president concern he's got to do something about this. can he withhold federal funds from cities and states that don't work with i.c.e.? >> well, i know they're certainly taking a look at that. you know, the clip you just showed is the worst of the worst, right in it's identity politics at its worst. what president trump and his team is talking about here is about removing criminals in communities. you're protecting communities. whoever those criminals are, doesn't matter who they are, white, brown, black, whatever it might be, it's protecting those can communities and removing illegal alien criminals from those communities. so, again, obviously that's easier to do if you have state and local cooperation, but in system of these sanctuary cities even if the mayor or the the elected officials don't want to cooperate, i.c.e. still has the

ability to go in there and protect those communities by removing those dangerous individuals. stuart: so trump would just send them in. here's where they are, go get 'em. it's that simple. but in massachusetts the government is saying, hey, the state police are not going to get involved in these deportations. >> well, it's certainly easier when you have state and local law enforcement helping you, right? if ideally, you'd be able to go into their jail setting and pick these individuals up and transport them out and remove them versus trying to find them once they're released from the jail setting into communities. it's much more difficult, requires more officers and resources. but that's not to say i.c.e. doesn't and shouldn't do that a because they will do that. it's just easier, it's more efficient, and you would remove more and more of these individuals if you had that a cooperation of those local law enforcement. stuart: i just don't understand the politics of this. i would have thought that the people of chicago, the people of massachusetts and everywhere else, you want the criminals

out. heir ruining your society. they're ruining your society. i don't understand the point they're making. >> yeah. it's tough, right? the only sanctuary that sanctuary jurisdictions provide actually are to criminal aliens. stuart: exactly. >> they're not protecting americans in those communities. and if they just worked with i.c.e. and federal law enforcement, you'd be able to remove those individuals. again, it's not just individuals that have crossed illegally, it's mostly individuals that have crossed illegally, so they break the law once and then they've commit ifed another criminal -- committed another criminal act in those jurisdictions that they've gone to jail for. they need to be removed. stuart: listen to what john thune had to say about a trump and the border. roll it. >> we'll make sure that the president and his team have the tools and support that they need to enforce border security laws and to remove the violent criminals who are wreaking havoc in every one of our states. stuart: okay. that's a strong statement from john thune there. big picture for a second. do you think the border is about

to be closed? >> well, i think you're about to see a lot of different changes come january 20th along that border. and it will take a little time to see dramatic changes, but you will see some initial changes right away. and there'll be a different operating tempo, a different operating environment along that border. and slowly over the weeks and months you'll start to see an operational change there as well. stuart: at the moment you can get the app and be in a foreign country, complete the app and fly directly into the united states. is that going to stop? >> that's absurd. it's an absurd program. [laughter] stuart:s. >> again, i don't speak for the president and his team, but i think canceling that cbp111 app, canceling the parole program is probably top on their list to do because, one, it's an abuse of authority and, two, the app just facilitates more and more of that illegal immigration into the country. stuart: tom homan's going to the take a hard a line, that's for sure. chad wolf, a pleasure.

thanks for joining us. see you again soon. >> thank you. our stuart coming up, there is a common thread running through all the picks for donald trump's administration. that is, loyalty to donald trump. now the house has been called for the gop. they got the house. the new leader in the republican senate, john thune, says he's onboard with trump's agenda. the sage appears to be set -- the stage appears to be set for real change. former u.k. prime minister liz trues says president trump -- liz plus says president trump can safe europe. she's going to join us in a moment. ♪ the biggest companies deliver an exceptional customer experience. what makes it possible? 5g solutions from t-mobile for business. las vegas grand prix chose t-mobile to fuel advanced coverage for over 300,000 race fans and event staff.

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stuart: this is an interesting op-ed, and it's in the "wall street journal." i'll read it for you. president trump can save europe. former u.k. prime minister liz truss wrote that, and she joins me now. madam prime minister, make your case, please. how can trump save europe? >> what is happening in europe and the name -- is that our economies are stagnating. britain's now $34,000 a years wither off than americans, the same is true in france and

germany. we're overregulated, we're overtaxed. we've committed the net zero. it's been an economic disaster. energy costs are some of the the highest in the world, and president trump doing a trade deal with countries like the u.k. could turn page our economy but also help britain spend more on defense, help us move away from the european regulatory the system that has been so damaging and make us all stronger with respect to china. so i think it's a win-win. it's about exporting the successful american model that has made the economy grow. and i saw what president trump did in his first term with tax cuts, with deregulation, with drill, baby, drill. there's going to be more of that in the second term, and i think there's a huge opportunity for countries like britain and other countries in europe to get on that successful economic market. stuart: trump has tapped elon musk and vivek ramaswamy to lead a department of government

efficiency. could you use something like that in britain? have you got an all-powerful, overbearing bureaucracy -- >> we have. our bureaucracy is evens worse than yours -- stuart: no. >> it's even more unaccountable, out of control. we are spending almost half of our gdp on the government in britain. we desperately need elon musk over here and vivek here to sort it out. and i hope when they're finished in america, they will come and dismantle the bureaucracy in britain because it's one of the reasons our economy is in such a dire state. because not only do these officials spend vast amounts of money, they also prevent the real reforms that are necessary to get britain growing. so we need to can -- and there's a lot of demand now in britain. people have seen what's happening in the u.s.. they want to see a musk-style revolution here in britain. stuart: i've got 30 seconds. you have do you have any politicians many britain who are

like trump and would do what trump's doing? >> well, there are lots of people. i mean, we have nigel farage, for example. he wants to change things. there are strong people in the private sector who want to change things, but what we need is the critical mass. we need a movement like maga here in britain, make britain great again, to really get those politicians with the support they need to do those things. i tried back in 2022, but what i found was a bureaucracy was too powerful -- stuart: yeah, they got you. >> we need reinforcements. we need vivek and elon over here in britain. stuart: i'll have a word with them. madam prime minister, hope to see you again soon is. thanks very much. check those markets, i see a little bit of green for the dow, up 30. nasdaq's down 53. no clear trend this morning. still ahead, shannon bream will react to matt gaetz for attorney general. he faces a tough confirmation fight.

florida congressman carlos gimenez will join us. with semi house republicans joining the administration -- so many -- how will the gop be able to work with the very small majority that's left over? new l.a. police chief says he's not going to assist i.c.e. with deportations. another one. how will trump handle that? leo terrell has much more on the story. he's going to be on the show later. the 10:00 hour though is next. ♪ they say the the best things in life aren't free. ♪ the good life, it feel like atlanta, it feel like a., it feel like miami. ♪

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stuart: walking on a dream. i know this song. empire of the sun. they come up with funny names these days. good morning, it is 10:00

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