stuart: ladies and gentlemen, we have guests on the seat doing the trump dance to this music. there you go. good morning, 10:00 eastern. straight to the money. i see reading especially the nasdaq which is down one hundred 33 points. the yield on the treasury pretty stable, the yield on the 10 year, up 441 without putting it on the screen. the price of oil moved to $70 a barrel or $69.77, at 94,799. that's close to the record and that is the market.

there is a forecast on bitcoin. now this. this is not a normal transition from one administration to another. donald trump has a deep distrust of the federal government, he called it the deep state which deliberately undermined his administration. he has not forgiven and not forgotten. federal agencies have been cut out of the transition process. the transition team is not cooperating with the general services administration which is supposed to be in charge of the handover. trump doesn't trust them. they shared documents from 2016 with the muller investigation. trump doesn't trust that. he doesn't trust the fbi saying there will be no background checks, he is said to recent the justice department for the more a lago rate and the lawfair waged against him.

he doesn't trust the state department which was leaking like a sieve in his first administration. four scram tips -- transcript appeared in the prescott phone calls with the president of mexico and the prime minister of australia deliberately undermining him. this time what he took calls from the french and saudi's the president-elect used his own interpreters so there is no official transcript, therefore no leaks possible. you can tell the depth of his anger by the men and women he has appointed to run federal agencies. /and burned with matt gaetz as attorney general, the pentagon reform with pete hegseth as defense secretary, a wrestling executive realigning the education department and elon musk and vivek ramaswamy will go everywhere they can. no deal is, trump wants's appointees installed during senate recess meaning no lengthy confirmation hearings. one aid to the president elect says trump is conducting a

hostile takeover on behalf of the american people. trump is doing what he said he would do. things are going to be very different. second hour of varney just getting started. now she's finished with the trump dance. liz peek is with me, the president knows where he's going and what he wants to do, basically get out of the way. liz: the american people are with him. they keep running polls hoping to find out people are horrified by these picks, everyone shows the majority of americans are behind him. 90 one% of republicans, 51% of independents and 1/4 of democrats approve of what he is doing. there is no denying we have many problems in this country. even kamala harris talked about

promising to turn the page, no idea what the page was going to look like, trump is turning the page and challenging everybody. the difference coming in 2016 when he won he had nobody to fill these slots. there were no trump people so when democrats rail about turnover in the trump white house so much disruption, george w. bush people and romney people, they weren't trump people. these are people they keep calling loyalists, these are allies, people who agree with his vision and will help him get it done. i think that is huge. stuart: i like your new op-ed, rfk junior wants to disrupt our powerful healthcare complex and it is terrified. why are they terrified? what is he going to do to it?

liz: take big pharma that spends $400 million a year on lobbying, to protect the status quo. everyone is getting rich, americans are not getting healthy and the factoid everybody should remember, we pay twice as much per person for healthcare as other wealthy countries and our outcomes are far worse. that is inexcusable, two times per person, one of it is because it is so complicated people don't know what pharmaceutical benefits company does but they make money doing it. the administrative costs, $1000 four times what every other country spends. it is such a mess. is rfk junior the right guy to do this? he is asking questions, why are americans unhealthy? why is chronic disease a huge problem compared to every other.

it is not more pills. passably it is better food, more exercise. this is not a nanny state kind of thing, educating americans they can take control of their own health care and have positive outcomes. that is huge. stuart: no wonder they are terrified. thank you. bill clinton was asked whether america is ready for a female president. lauren: he told cbs there will be a female president in my lifetime but the country is not ready right now. >> i think all these cultural battles we are fighting make it harder and in some ways for a woman to win. >> you think it has to do more with party than gender? >> no. although i think it would be easier for a conservative woman to win. lauren: the world has moved to

the right. does this mean kamala harris is not running in 2,028? the democrats will put up gavin newsom? lauren: stuart: i didn't understand the soundbite, don't know where he is coming from. the next female president would have to be a conservative republican. lauren: a conservative woman is elected before a democratic woman. back to the markets. the dow down 100. 200 points, the red ink dominates this morning. look at nvidia, earnings after the bill this afternoon, very interesting event as the world's most valuable company, 2% before those numbers at 4:00 this afternoon. is this all about the demand, the earnings report coming from resulting stock price movement, is this all about demand for

the chip, >> people looking to see if there's delays, because that's the next ship and it is ruben. will data center growth continue, but with $50 billion in spend for amazon, meadow, google, per quarter, everybody sees that, $280 billion in data center spend for the year and that is a big number and a lot of it sitting on the platform chairs. stuart: $289 billion on data centers in this year. this is a theme we talked about, i want to know the best way to invest in this extraordinary growth of data centers. >> in data centers, energy utilities, you want to think 2

or 3 levels out, it will go from hyper scalars to software companies and out to companies that are using ai, and beneficiaries of this, actually providing ai agents, palantir delivering services and companies like ad point that are doing data security. which is what we need to make sure the data is secure when putting it into ai. stuart: service now, palantir, what was the third? >> avpoint. stuart: an area with huge growth. thanks for joining us. i know we will see you again soon. kim kardashian showed off her tesla optimist robot. what was the robot able to do. >> hi.

can you do this? >> what do we do? go running. you are hawaiian. stuart: well? lauren: if you have kim kardashian, the best marketing the company could buy. she was gifted, the robot which will sell for $25,000 ramping up production of optimists. humans versus robot, i don't want it to be my friend. i wanted to be something i don't see.

stuart: it does something i want done for me. take the clothes out of the dryer and fold them and put them away. lauren: it can but he's not ready to do that. stocks that are moving -- lauren: going to 51. the regulation would help it. could increases that. they are only expanding their capacity, stock is down 4%. stuart: williams-sonoma. lauren: surging 31%. they raised their forecast. stuart: 24% is a nice again. thank you. coming up, reporters screamed questions at president biden

following his g 20 trip. >> please talk to us. please, we haven't heard from you. mister president! stuart: i am not sure that is a good look for the president or the media. lisa boothe will get into it later. no evidence in the third day of laken riley's murderer's trial. president biden approved landmines for ukraine and will send $275 million of new weapons. are we maneuvering to a position of strength before peace talks? we will ask general jack keane. he is here and next. what does a good investment opportunity look like? at t. rowe price we let curiosity light the way. asking smart questions about opportunities like ai. and how the industries born to support ai

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stuart: bitcoin surging past $90,000 a coin. it's close to an all-time high. a crypto plays should be moving higher. coin base is down and micro strategy. they are up 10%. president biden has approved anti-personnel landmines for ukraine, could send $270 million of new weapons over there. jack keane makes another appearance in new york. seems to me that everybody is maneuvering in advance of peace talks. >> some truth to that. the reality is when donald

trump confronts vladimir putin, not directly but strikes a deal with him that formulates policies he will find vladimir putin is different than he was in 2016-2020. he is a wartime commander, he's determined to take all of ukraine, frustrated that didn't happen in a couple weeks. 's domestic population was stunned by that and everybody in russia is paying some kind of price for this war because their economy has gone down further. nowhere near what we wanted to do when imposing sanctions. that is stage one. the second thing, president biden is trying to get all these weapons much faster. additional weapons is that they wanted. it is a pretty sad commentary.

the first year of the war when ukraine showed us if they can really fight these guys, the russians weren't as good as we thought and the ukrainians were better than we thought. givens this stuff, the reality is we did not. stuart: we've given them permission to use long-range missiles. could that be good for trump because those are bargaining chips. he can withdraw that with talks in the future. >> this thing about anti-mines, they have potential to cause casualties, these are bona fide weapons of war. the reality is all of our weapons of war do cause civilian casualties. or ukrainians because them despite we don't want to, bombs, rockets, missiles, even

artillery. those casualties are greater than achieved by minds. these are our anti-personnel minds. they have on them devices that set the timer. if it doesn't go off initially in the time they wanted to, they will self-destruct or have a battery that will shut them down. this is what we put into it knowing we could use this to minimize casualties ourselves and protect people on the battlefield. the and timeline group is possessed about this and going after it but they just don't listen to the facts. they are value-based activists the keep pushing. stuart: we have reports that the irani and increased their stockpile of nuclear fuel. a possibility they will try to get a bomb.

>> they are at the threshold level. experts say they have to increase it within a couple weeks and they will be imposed addition to weapon eyes but the weapon no station of a bomb, to deliver it in some means, that would take some months. i think it is unlikely in my judgment given the trump administration coming in that iran would move from the threshold where they are to weaponization. every president since iran professed interest in developing nuclear civil power has declared we will not permit iran to have a weapon and if we have to use force we will use it. i think the iranians feared donald trump. he will put maximum sanctions and pushback on them and privately he will have some

redlines, he doesn't like that term but got to stop doing xyz or the situation will get worse. stuart: general jack keane, thanks for joining us. let's get back to ukraine. president zelenskyy sat down for an exclusive interview. did zelenskyy signal any openness to a cease-fire? >> reporter: she signaled openness to conversations but only under his terms. i asked if he wanted western leaders talking into vladimir putin, he said no but communication should continue on the level of intelligence as ukraine is preparing for more russian attacks of thousand days into this conflict and we are taking a closer look during our conversation with of the ukrainian leader about the influence of outside actors like iran in this war.

>> they will not at israel, it is good for us that they will not send to russia a lot of missiles, hundreds, thousands. >> any other coordination happening between the ukrainians and the israelis? there were conversations about air defense. >> we wanted from the beginning of full-scale war but i think israel made a mistake to my mind because they have been on a political level, we had a good connection with society but on political level when vladimir putin occupied, full-scale war began i asked israel leaders to help us but they are afraid of vladimir putin. it is my opinion and i spoke

about it with european leaders and american administration that i asked them to help with israel to give us support especially israeli defense. >> reporter: to break down the connection, ukrainian president zelenskyy is talking about the israeli strikes against missile facilities. i asked if this helps is contrary. he said it does but he was disappointed that the israelis did not supply the requests he made at the beginning of the war but it tells you how this is tied together, is really striking iranian missiles and some of those missiles being sold to russia using them against ukraine. stuart: thanks very much. i want to bring ashley webster into this on the foreign policy front. what did venezuela's dictator say about trump's win? ashley: quick to offer public congratulations calling trump's

a victory a win/win for both countries and a chance for a new start in bilateral relations but i wouldn't hold my breath. during his first administration trump sanctioned venezuelan oil and recognized an opposition leader as rightful president, trump called maduro a dictator and said venezuelans who entered the united states in recent years are drug dealers, criminals, murderers and rapists who would be deported. in response maduro has called trump a vulnerable miserable racist cowboy. name-calling aside, trump's choice for secretary of state, marco rubio is demanding a return to the very heavy sanctions on correctness but it is complicated if you are sanctioning venezuelan oil that will allow china to gain a stronger foothold in the region, something i am sure we realize beijing would be happy to do.

stuart: hundreds of thousands of people are without power after a bomb cycle own. hit the pacific northwest. bringing you more on the once in a decade storm. stopping illegal migrants tied to hamas from entering the us, members of the squad aren't for it. we will talk to senator marsha blackburn who is leading the charge to keep those people out next. your business needs a network it can count on... even during the unexpected.

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stuart: target is down 20%, $31 lower. were stay in 21/2 years. a big earnings amidst. let's turn this around. what do they about holiday sales? lauren: they are predicting a flat fourth-quarter. target says shoppers are spending less especially on high-margin items like clothes and home goods. they used to be known as cheap chic but the upper income crowd shopping at walmart. brian cornell says consumers have been resource when the company spent too much frontloading merchandise.

>> directed to other ports. receipt time changes and the impact is softer than expected. this resulted in elevated inventory leading to higher than expected costs in our supply-chain. lauren: more costs despite target cutting prices on 10,000 items this year. they wanted to drop people in with cheaper prices. add that to the previous problems, woke policies and consumer back lash and theft, people stealing, everything is boarded up. management addressed theft on the call, the impact of shrink will be approximately flat. the chart you are looking at is not good news, walmart is up 64%, target is up 10%. stuart: thanks.

the venezuelan migrant gang tren de aragua is in every major city in tennessee. what is local law enforcement doing? >> alarm bells going off in tennessee and across the country after homeland security member said this notorious venezuelan violent gang tren de aragua establish the foothold in half the us population, the bureau of investigation say they are operationally in every major city in the state. >> they are violent toward law enforcement. they will fight and attack police. they have no respect for law enforcement. that is an understanding as well. we want to make sure our partners know that and are prepared for those encounters. >> this gang got its origin in venezuela by extorting

businesses. they also practice human trafficking of women and girls. they are notorious for not having boundaries when it comes to violence, beheadings, burying people alive, public executions. they brought that terror to colombia. the concern is it could come to the us. there's an estimated 5,000 members of the gang. they got a lot of attention after heavily armed members were seen in an apartment complex in aurora, colorado. the trump administration is vowing to take quick action. >> immediately sign executive orders sealing the border shut, beginning the largest deportation operation in american history, finding criminal gangs, drug dealers and monsters that have murdered our citizens, sending them home. >> the expansion of this, again get happened despite the fact the biden administration sanctioned them as a

transnational criminal gang at offered rewards for the arrest of its three leaders. stuart: thanks very much. senator marsha blackburn firms tennessee joins me now. what do you know about tren de aragua? >> reporter: this is a really bad gang. they have come out of the prisons in venezuela as the reporter was saying and we know that they are teaming up participating in human trafficking in tennessee. they arrested two members of this gang and they are beginning to provide information to local law enforcement so they are ready to move forward. director rauch is on this working with federal authorities seeking more information and this is one of the reasons we need to pass the

clear act. my legislation that requires, allows law enforcement when they apprehend someone in the country illegally they can detain them and ice has to deport them and get them out of the country, out of our communities and stop this violent crimes that are taking place. we have 55,000 known criminal illegal aliens, the biden administration has left in the country, 2200 gang members. as we know they don't stay on the border, they are all across the country and as you said, 16 states now have this violent gang that is active in their states. stuart: you and your democrat colleague jackie rosen are working on legislation to ban

migrants with ties from hamas. how do you prove they are tied to hamas? >> on social media. some of these employees that are tied to hamas have been on social media so proper a vetting, looking at what these individuals had to say is the way that you prohibit them from coming into the united states. stuart: another one for you. the fema employee who ordered workers to deny relief to residents with trump signs this confirms your worst fears about government. what do you mean? >> what we heard from people adversely impacted by the storm in tennessee, fema was slow to come to the states. once they are on the ground they are doing a better job but

what we know is that these are instructions from fema headquarters to people working on the teams in north carolina, tennessee, georgia, florida. it is another example of the federal government having two tiers of treatment, justice, the access and they want to ban or cancel or disregard people who do not agree with their personal opinions. these are individuals that need to be fired. stuart: senator marsha blackburn, republican from tennessee. more bombshells revealed in the hearing of laken riley's accused murderer. lauren: josé ibarra is a member of tren de aragua as he sat stoically in the courtroom in georgia. 's defense did not dispute that laken riley was murdered, they

attacked the strength of the evidence and have a judge decide his fate instead of a jury. >> you personally on the one who decides whether you will testify or not. [speaking spanish] lauren: he faces life in prison without parole. stuart: there are currently 1.4 million illegal migrants living in america who are supposed to have been deported. we will tell you more about that later. donald trump joined elon mux for a space x launch. more on that next. ♪

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stuart: look at big, all down, amazon, alphabet, nvidia report after the bill, they are getting worried about what to report and the department of government efficiency getting pushback from democrats and unions. what's the problem? >> the heads of doghe made clear little is off the table as they look to cut government spending. that includes deleting entire government agencies and that is what house democrats don't seem to like. >> we still have a constitution but i can't find any statutory basis for deleting agencies. >> democrats want to protect

our institutions, protect our values, protect the norms that have made america the greatest country in the history of the world and the greatest democracy in the history of the world. >> elon musk and vivek ramaswamy not interested in protecting the norms. vivek ramaswamy said the federal bureaucracy is the enemy. also acknowledging millions of good people who work within it and it is possible to dismantle that bureaucracy and sparingly while also respecting the individual human beings as we do it, this after vivek ramaswamy says he is hearing federal government unions are scrambling to update their collective-bargaining agreements to avoid getting fired. many employees are not happy with the idea of returning to the office five days a week. the largest union for federal workers says efforts to cut government waste should start with contractors but adds when it comes to changes in working

conditions that could impact union contracts that the union takes position that such must be negotiated through the collective bargaining process. doge hasn't made official recommendations but pushback from unions and house democrats although there are some democrats who acknowledge making the government more efficient would be a good thing. stuart: could be a good thing. donald trump joined elon musk in texas for yesterday's space x rocket launch. it was a remarkable event. take us through it. ashley: it was. the president-elect becoming more fascinated with elon musk's space x program, especially the rocket booster's unique catch landing technique but this time it didn't work. trump was on hand to witness the latest launch of the rocket, watching from underway tend with musk at his side. that's a key part of musk's

plans to populate mars. the super heavy booster detached as planned but splashed down in the gulf of mexico instead of being recaptured on land. trump has endorsed a mars mission and was joined at this event by several guests including senator ted cruz and linda mcmahon who is leading trump's transition and being tapped by trump for the education secretary position but he got to see it firsthand yesterday. stuart: martin scorsese presents the saints. a new docudrama on fox nation, talking about faith today. >> you mentioned many people are shocked, look at me and say you believe in that stuff, everybody can make fun of christianity today and it is okay but can't do it with other religions.

to do that you have to expose your self. have to risk failure. and embarrassment and rejection. stuart: the first episode, joan of arc, is available now. new episodes are going to air every sunday through december 8th. still ahead. it was sad to see president biden leave the world stage like this, 6 day trip to brazil and it was a muted farewell. he has not been up to the job for a long time. that's "my take" top of the hour. next guest, the mayor of dallas switched from democrat to republican while in office. should have been a wake-up call to democrats. the mayor is next. ♪

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he will put america first. whitaker has been a frequent guest of this program. check the market. red ink is right there. the dow industrials just 50 one, nasdaq down 130. t.j. maxx raised their annual profit forecast, attracting bargain hunters, stock is down one dollar but look at target, another retailer down 20%. that's a huge loss. they forecast flat sales in the future. i am the mayor of dallas, my switched to the gop last year should have been a wake-up call for democrats. eric johnson wrote that and joins me now. why did you join the gop in the middle of your term of office? >> i switched parties the same reason a lot of people crossed over and voted for donald trump

for president in this past election. we've had 60 plus years of failed liberal experimentation in our cities where 80% of the population lives and a high percentage of african-american and hispanic population of the country lives and we are sick and tired of being sick and tired so i switched parties and i think a lot of folks voted for donald trump looking for an agenda that works. stuart: you were elected as a democrat and serving as a republican. how did that go down in dallas? >> we are elected on a nonpartisan basis in texas. all mayors are elected on a nonpartisan basis. it did create some controversy. there was an effort to recall me that failed miserably. not a single signature got submitted but there was an attempt by the local democrat

party and democrat activists to have me removed from office but the democratic party at that point should have gotten a wake-up call, figured out if the mayor of the ninth largest city in america, african-american male switched parties, may be we have a problem, something in the water, turns out the last election showed i wasn't an anomaly but canary in the coal mine and a lot of african-americans are thinking the same way. donald trump won more african-american votes than any republican candidate in 48 years. i am 49 years old. my lifetime never seen a reporter if -- performance like that. stuart: how are you handling migrants in dallas? >> the same way everybody in texas and any state where we are seeing migrants show up. it is a strain on our resources. we see it not just in obvious

ways beach people ask how it is impacting crime. there's a certain amount of crime committed by folks who are here in a legally. stuart: will you deport them? >> of course we would stand by donald trump in an effort to get rid of people in our country illegally with violent criminal records but people need to understand it is a strain on our school system, our hospital system. there are hidden costs to a porous open border. stuart: eric johnson, appreciate it. lisa booth on the political world upended by trump administration picks. kurt volcker on biden sending landmines to ukraine, another major policy shift. tren de aragua expanding to 16 states.

leo terrell on whether linda mcmahon will try to abolish the education department. the 11:00 hour is next. ♪ at harbor freight, we design and test our own tools and sell them directly to you. no middleman. just quality tools you can trust at prices you'll love.

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