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tv   Kudlow  FOX Business  November 14, 2024 4:00pm-5:00pm EST

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>> it's the biggest cmo conference in these continents and every indication bigger and better than last year. liz: it's like a car show and very first year i came and it was well before. i was in local news in columbus, ohio. the big discussion was car al alarms. thank you so much. gary shapiro and closing bell and red on the screen and no rush to cut rates and that has to fall on the market and all over on the market sports grill see you then. larry: hello folks. welcome to kudlow. i'm larry kudlow. we're live from beautiful palm
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beach atlantic university in west palm beach, florida. promises made, promises kept. that's the key theme of president trump's new cabinet and he's throwing it out at warp speed. kellyanne conway and newt gingrich on all that in a moment. first up, grady trimble live in washington with the latest on the train cigs. all right, tell is what you've got, grady. reporter: larry, a big one that a lot of people are talking about is this department of government efficiency or doge for short, and this particular presidential commission is hiring and so soliciting resumes on x for people that want to work for doge and asking for people with super high iq, small government revolutionaries and willing to work 80+ hours per week on unglamorous cost cutting to apply for that jobs. heads of new doge department, elon musk and vivek ramaswamy
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are very publicly proposing areas of the federal government where they'd like to cut. musk suggested some nongovernment organizations and no longer eligible and going to be there commission going for them and he says efficient government has no place for dei had and time to doge it. here's ramaswamy on an interview with hannity and easy way to cut excess spending and force government employees, many of whom are working remote and >> showing up to work five day as week. how many quit out the gate? that's a question we should ask. those are the kinds of inefficiencies. low hanging fruit that democrats and republicans or black and white americans alike can agree on. reporter: it has been a bit of a
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slower kay and rumors of dhs secretary and president trump yet to confirm and meanwhile there's latest nominations going for marco rubio of secretary of state and nate gaetz going for it. larry. going to see the president going for them. larry: going for them on that line. promises kept and promises made.
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victory speech going for them and going for the cabinet appointment and it's going so far and very clear it's making good on that one. going for the defense and matt gaetz and going for controversial and going for that and. dc swamp and those two names going for that and that's the example and lawfare weaponization is out of the justice department. promises made and these are important to you and they'll keep that and it's going to be tough guy tom homan border czar
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and he says closing border and deporting tariffs and absolute key ingredients in the trump campaign. taking over dhs. susie wiles and newcomers are good and that's going for him and that's going to have to be. boarder and economic growth and restoring america first policy. shake and you happen shot down and -- shake up and shot down and more like the 1930s than
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21st century. huge picture going for joe biden. going to be with both men pledging cooperation and going for them with going with them president present by them happiest going for that after
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all. think of it. here's the deal on fox nation and newt gingrich. welcome to both of them. y look great and love the pink. >> sun sunny hostin and couldnt forget a thing. forget her. she was the change maker and
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insurgent and americans going for catholics and we all believe in second chances and no one had a second chance quite as large as his. if i hear one more dopey say on other networks say, oh, he wants loyalists. is there an organization or politician in the country saying disloyalists only apply. loyalty to the agenda and loyalty to knowing him and the way he works and him knowing them. i'll tell you what they have in common, there's no single stranger to him on that list. renauts them all. he understands -- he knows them all and understands them and they more importantly understand him. that's the way you execute an agendarme one last thing, i know
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it hurt him financially, legally, personally and hurt us when he didn't make it in 2020 and had to leave washington. it was the best thing for the country i think. the country suffered and he and his family suffered but, wow, it made everybody say let's give him a demographic and geographic domination of geographic victory and the african americans and hispanic americans and all of them moving over and there's no mistake what the mandate is and exactly what america is asking him to do and asking people to help him and he's responsible for the majority in the senate and take seriously their constitutional duties to confirm his nominees. >> there's a lot of newcomers. newcomers i think are more likely to be kind of fearless.
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to go at it and not worried about future jobs and past jobs and they're in there to make a point and that's a very interesting point you've made. >> look, i think that's fascinating because in the ninth area of the trump political involvement, he actually is effecterrively starting a new first term. a lot of second termer presidents are worn out and the people he's appointed are eager and excited and they share his vision of profoundly changing washington to make america great again. it's dramatically better in an odd kind of way than if he'd stayed in office in 2021 because now you have a guy that's had four years to think, to build a team and crisscross the country
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and build results in a very dynamic presidency. larry: what's wrong with loyalty and front pages of every single establish media are talking -- it's like a slur. he's appointing loyalists. i mean, who should he appoint? appoint enemies? appoint kamala harris' research staff? i don't understand this. loyally, really? if you believe in something, you should be out there on the front lines. i just don't get that. >> well, that's why you keep pretending that you're dealing with news media that's news media. these are the propaganda arm of the left. they would love loyalty to the left and loyalty to the left is a direct resistance. not what he wants and i think that he's gotten that message and i think he is the only other
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president to lose and come back and win a second term. they loved him for the enemies he made. i think trump relishes the new york times or washington post, abc, et cetera. all of them sitting there with their teeth gritted and he's naming people making america great again and they're folks that don't believe in that. larry: separating them and going for them and i know in washington swamps going for them and he's been a leadership position and i know he made amends with president trump later this year and i've seen him pop up at center events and hopping them with everyone that helped senate candidates in the finish line and president trump
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carrying some of them through and they didn't all make it and they know they have a mandate. we have 53 senators and a majority in the new house. we have great senators coming aboard and senators that are there and trump skeptics if not cynics and going for that to appreciate the party into one. americans are saying never again. going to have my age, race, gender and zip code and going for the political registration and this is a party of worker two-thirds of the voters in the working class and non-educated and going for them.
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any of the three have ago great job and -- having a great job. larry: i'm interested in how you read the house and the majority is very, very tight and there's a lot to get through and how do you read it? >> how about this, if they design the tax cuts and you're there, they design the tax cuts and they go for a grassroots movement and not pick up 30 or 40 democrats at least. we carried one-third of the democrats for tax cut withs reagan and -- cuts with reagan and half the democrats for welfare reform and key is doing what reagan did, create a program and go to the country and make sure the country wants the program and have the country
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pressure the congress and count on every single vote and trying to get 10, 20, 30 democrats on a regular basis and comfortable majority in the house and they'll not have one in a partisan only vote. larry: kellyanne, i don't want to lump the two together exactly. but pete heg hegseth and i don't think it was a conservative freakout and trump make as statement with both of those. first of all, they'll defend him, they'll keep to his promises, shaking up the pentagon, shaking up the generals, taking the woke out of the military and very good missions seems to me as far as justice department goes, is there a more corrupt weaponnized lawfare. look what they did.
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by the way, they're still doing this and busted poly market pay for play betting parlor and chose trump over harris. i mean, give those guys a chance, really. i would think give them a chance. >> and ask them the questions under oath and that's what the constitution allows in the great federalist and constitutional republic. larry, first of all, president trump has a right to nominate whoever he wants and he's got mandate. but secondly you said something very important. in addition to the regulation responsibility and all the defense chief of the pentagon and take out root and branch and nonsense and what's the purpose of the pentagon and taking the office worried about d oh, i and climate justice and having woke policy and what are we doing with taxpayer policy and sending
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a message to the world and donald trump going to elect on november 9 and what they're all doing and notable do they weaponnize and thwart democracy and they complain that donald trump going to actually root that out through matt gaetz. larry: and trump has every right to make sure that that kind of abomination to democracy doesn't
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happen again. >> it'll use it to his. they're making the right point. he doesn't want that to happen and doesn't want the justice department to do that, seventh floor to do that and he's absolutely correct. larry: so he's got a guy in there. give him a chance. a lot of charges against matt gaetz were phony and never proven and this is part of the weaponization from the merrick garland, biden justice department. why should anybody believe them. look what's happening. the whole thing is falling apart. >> the never trampers were the ones gelfand data -- never trumpers were the ones belly aching and making history and people saying i would like to make my rent and mortgage first. larry: newt gingrich, i've come to believe that joe biden voted for donald trump and hunch that his wife, mrs. jill biden voted for trump. what do you think, newt? >> the fact she wore red to go vote may tell you something. look, kamala harris invited
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70,000 people to a rally in front of the white house with president biden inside the white house. and does not invite him out. then she's shock that had he goes -- shocked he goes on zoom and describes trump supporters as garbage guaranteeing his comment will drown out her entire event, which it d. i don't think that was an accident. i think he was pretty offended personally that she would hold that kind of event in front of his house where he's staying and not invite him. larry: he looked very happy to me in that photo opportunistic. he looked very, very happy. maybe the happiest in four years. anyway, newt gingrich, kellyanne conway. thank you so much for coming by -- >> remember, larry. >> i was going to say, remember, he's the only person ever to have defeated donald trump and
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that's all he wanted. larry: [ laughter ] okay, well put. i'll see you both at mar-a-lago in a bit. the dc swamp is shaking in fear with trump naming tough new outsiders, pentagon, justice department, cia, oh my gosh. by the way, fbi too. let's hope we get something there. kash patel will weigh in for all the next up. catch kudlow monday through friday, 4:00 p.m. right here on fox business. fabulous fox business. can't get us at 4:00 for some crazy reason, please, text your favorite 9-year-old and she'll show you how to dvr the show and you'll never miss a joe biden vote for donald trump. i'm kudlow, we'll be right back. ♪
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director of national intelligence and former pentagon chief of staff. kash, welcome. thank you very much. we know that john ratcliffe is going to the cia. he's a tough guy and know where is some of the bodies are buried. what should he look for? >> johnny is a personal friend and he was in congress when we did russia gate as a chief investigator and dei when i was a deputy director and he's one of the dod.
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>> what president trump wants is inseparable and going every one of the institutions and the leadership structure and chief of staff and four star and three star general and some of them. and some of the same folks going for disappointment and asking american public and saying they gave us. going for them and folks that figure it out. america voted for it. larry: let's go back to woke pentagon and dei pentagon, et cetera. pete hegseth wrote a brilliant book and much decorated military
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veteran minutes smart fella as we all know. he's been criticized for this, i think he should be parades for this. this is the -- praised for this and this is the sweep of pentagon you need every 30 or 40 years. correct me if i'm wrong. george c . marshal, great wartime leader had a similar sweep with generals and officers, redid the headquarters, redid the joint chief of staff. have we done anything like that since then? that was a long time ago, like 75 years ago some odd. >> eisenhower warned us 60 years ago. defense industrial complex if you let it will overtake the dod and all of washington dc and it has. they do a lot of good work, but all of these folks that are these leadership positions that have corrupted it are running a circular revolving door. hire me into the dod and hire me into seven figure payday at defense figure conduct and
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getting a billion dollar conduct. >> they didn't lose a billion dollars by wasting t they lost it. of course it's going to try and sweep it. larry: what do you mean hasn't passed a budget. >> as chief of staff, i oversee the department of defense ask this is the an annual financial audit and checks balances and books and department of defense has not passed an audit of its budget in over a decade. larry: isn't that something. there was a story in the washington time, fbi leaders shocked and stunned at trump's victory and goes on, you know, takes the next 20 or so
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paragraphs that they couldn't believe it happened and they have to hand in their resumes. why would the fbi be so political? that's not their mission. the answer is maybe they're all liberal deputies over there and maybe that's part of it or that they are the ones that were in charge of weaponization. i mean, you know, here, melania trump really refused to talk to jill biden afterwards because melania was still furious at fbi invasion of mar-a-lago, down the road from here. what business did the fbi have to invite cnn to bust up roger stone's house in ft. lauderdale and only just had to contact the lawyer? the answer is left wing politics. >> as a former national security politics at department of justice where i worked with fbi agents across the country and around the world. the question again we should be asking those folks that are "outraged" where was your career official outrage when russia gate occurred and illegally
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surveilled a president? where was your career outrage when hundreds of thousands of americans were unlawfully surveilled in one year alone two years ago? where was your oust rage when houses of worship was outraged and schools and fbi posting up outside. it shows political proclivities and it's a two-tier system of justice that's been weepies and folks are showing hypocrisy and it's time that donald trump came in with a sweeping mandate that the american public gave him and return a singular system of constitutional justice. there's no revenge list. if donald trump is successful, he'll make the institutions, tbi, dod, doj successful forever. larry: do what they're supposed to do which is meet out the lawfarely in a neutral fashion with a constitution. what's the name of the book? >> government gangsters. larry: i wanted get that in. kash patel. thank you very much. >> see you tonight. larry: thanks to kash patel.
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coming up, why is the fbi busting poly market. the election betting business and a correctly call -- corrected called the race for donald trump. $3 billion plus flowed through it and compliesly transparent and fbi swooped in to close it down and go after the ceo. i don't get it. probably because of what kash said, more weaponization. we've got steve moore, we've got mike faulkender. i'm still kudlow, we'll be right back. ♪ the future is not just going to happen. you have to make it. and if you want a successful business, all it takes is an idea, and now becomes the future
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host of more money on wabc radio and welcome, gentlemen. poly market bet that trump would defeat harry resident. >> happened to be right. maybe that's why. >> the courts decided to legalize, which i was always in favor of and you nail it had, larry, i think they're -- nailed it, larry, they're harassing this guy because he was right. by the way, if you want to investigate people, what about the pollsters that got the whole election wrong.
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>> when you're having your own money at risk, people were saying, no. if we look out at the environment and what the economy is doing, the conditions are right for a trump victory and that's not the message they wanted. larry: you don't have to tell some left wing pollster over the telephone what you believe in. trump always underpolled. always underpolled.
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larry: this was roadway leased bay left of -- released by a left of center website, anyway, the 91% of the fed's donations, individual donations, went to democrats. 91%. now, my first question is, how does that make it an independent central bank. sounds to me like a liberal democratic central bank. >> i think they've largely purged it of anybody who takes in more supply side or more capitalist ick perspective on the economy. they've really only hired in at career level those that fully align with a neo-cansian view of the economy.
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that's why the fed missed inflation and top down center approach and only hire people with those ilk, those people are only going to donate to democrats and the problem is you get an ecochamber of a fed and there's nobody else bringing in alternative points of view on the economy. and that's why they failed so miserably the last couple of years. larry: steve moore, one more step, jay powell was a republican appointee and democratic appointee and there's the whole fed staff in washington are democrat and reserve bank on the country side as well. now, a few years ago, before joe biden, this was not true. if you look at early part of 21st century and earlier presidential cycles, the donations from the fed were bad balance between republican and democrats. scoso something happened in very recent years to make this fed very non-independent.
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>> there's no diversity in the fed. if that number is right 91% democrats, that's worse than the media.
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the surest way for interest rates down is keep the inflation rate down. >> they don't seem to recognize that energy abundance, deregulation, extending pro growth tax reforms and slashing government waste is all disinflationary and instead sounds like powell came out today and said that he's not going to be cutting rates any longer because he seems to think, i guess, that president trump is going to bring inflation back. they declared victory way too early. larry: that's it. that's what i'm getting at. i don't know -- i haven't read his statement. i'm just concerned that the jumbo 50-basis point cut and 25 after the election was premature. >> look what happened, larry,
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the 10-year treasury bills have gone up and not down and that's opposite of what the fed says they want. larry: middle class people and low income people that work never seem to get lower prices. >> that's a great point. larry: trump's energy regulation works and deregulation works, yes. but the fed has not contributed to that. there was a time when the fed would say >> people don't liming like immigration or inflation. trump has to get both under control and i think he will. larry: just go after polymarket and i think that'll fix it. thank you, gentlemen. we'll see you later on. anyway, coming up here, we have breaking news, president trump
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has officially picked robert f. kennedy jr. to head the department of health and human services. we have make america healthy again. we're going to talk about it with brooke r rollens and chad wolf. i'll baa be back for the next segment, anyway. ♪ ...with horses let's take a look at those scenarios. j.p. morgan wealth management has advisors in chase branches and tools, like wealth plan to keep you on track. when you're planning for it all... the answer is j.p. morgan wealth management. (vo) weight loss.
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on the go with xfinity mobile. fly don't walk to get our best deals of the year. connect to the world of wicked this holiday, only in theaters november 22nd. larry: well, now, breaking news. president trump officially picks robert f. kennedy jr. to head the department of health and human services, hhs. joining us now, brook rollins, president and ceo of afpi, chad wolf, former president and secretary of afpi. what are you thinking, brookie? >> well, you know, it's trump 2.0. he made a promise if elected again, he was going to shake things up. the american people responded with a resounding yes, please shake things up. that's what he's doing is the donald trump that you and i and chad all worked for and know and love and no one should be too
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surprised. larry: this is hhs. they have some consonants that are similar but slightly different department. you have a thought about it. rfk wants americans to be healthier but correctly wants to go after some of the sluggish regulators and fda and so forth. do you know much about this story? >> i think rfk jr. is the same and that's what the president says is needed now for hhs to make america healthy again. and i think, my guess there's a lot of pharmaceutical companies and others that are very nervous right now. change is coming to hhs. fda, cdc and other agencies within the department and they're going to be a little apprehensive or so. larry: after the covid experience. once in a hundred years, some things went right but a lot of
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things went wrong. seems like a lot of things went wrong emanating from the bowels of hhs. >> well, that's right. you remember, larry, when we were going pretty deep on drug pricing and trying to bring drug prices down in our administration and they crept up and crept up and leapt up and leapt up and we began moving down that path, the lobby, the pharmaceutical lobby and every ceo in the world was calling on west wing. not used to being called to task. why are our people paying so much more than the rest of the world. it's not fair. it's not right. it doesn't make sense. and so i think that may have been just a little taste as to what is coming with that industry, once big food and going with everything that a lot of people in the country have been very concerned about.
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past secretaries of hhs might have given that lip service and not the high priority they're giving and i think about it, do you think he'll stop president trump for meeting mcdonalds fries and hamburgers and milk shakes? >> that's a possibility. >> that's a tough task. larry: joe biden looked the happiest he's been in four years. >> i said is he joining the america first years? larry: i'm telling you joe biden voted for trump and kellyanne pitched in and said so did jill biden. newt gingrich agreed. >> that means all the new people coming under the big tip that
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president trump inspired going down the escalator however many years ago and listen, jill and joe biden, come on in. you want freedom, safety, fairness, opportunity for all americans. we're your people. come on. larry: chad wolf. how quickly can tom homan and kristi noem for example turn things around at the border? >> they can do instrumental things on day one and week one and month one. it's not going to change overnight and it'll take time to get results and it'll change the environment and they can send a signal there's a "new sheriff in town. we're not going to continue the failed policy over the last four years and hhs where rfk jr. is going and plays an integral part and department of state in addition to dhs, hhs, department of justice, it's a whole government approach and hhs talking about children with the caring of children coming across the world. larry: coming across with
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diseases that has to be checked out. what expired and didn't want to replace? >> title 41. that comes from the cdc and obviously within his jurisdiction. >> one point to make, larry, we all founded america first policy four years ago and the point was to be ready for next administration and didn't know when it would come and that all experienced chad leaving dhs and all the experience of you leaving and myself and domestic policy council that we would put forth plans and be ready for this moment. this moment in a miracle that we found ourselves in more prepared than ever before. larry: i keep saying promises made, promises kept. he said that at victory speech. he's making good on that. chad work, brookie rollins, see you both later on. >> see you tonight, yes. larry: folks be rights back with my last word.
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larry: promises made, promises kept. a lot of newcomers coming to town. mr. trump is an old newcomer himself and they are going to do some serious house cleaning, and corruption cleaning. you can count on it. and speaking of corruption cleaning, and house cleaning, i guess that it's elizabeth macdonald up next. liz: it sure is, larry. i'm right here. larry: there you are. liz is in charge. liz: do you think joe and jill biden

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