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tv   Varney Company  FOX Business  November 22, 2024 11:00am-12:00pm EST

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loganos >> she loves being a depadepartment of justice. >> pro energy and pro system of energy, you're going to see those infrastructure improvement. >> we need to work with congress, white house and other federal regulatory agencies to make sure we have a cohesive and comprehensive approach to crypto. >> this country is about regular people, middle class people. people still striving for the american dream who don't get to sell their $500 million mansion in monticito to fly to -- to live in london.
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>> this is my kind of music. does stu like this? i love it. it's 11:00 on friday, november 22 on the east coast. i'm brian burg in for stuart varney. brian: the trump defense team to file a motion to discuss has been granted and the communication director call it is a dee sighsive win -- decisive win for president trump. joe concha is here to weigh? on it. joe, great to see you. trump is calling it a decisive win. what do you think?
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>> i think, i want to look back to say january of 2024, brian. so much has happened. 94 felony counts against donald trump. cases in new york, washington dc, georgia, and he wins the popular vote and swing state and crushes kamala harris electorally and republicans control the senate and house. if you told me that was going to happen in january of 2024, i'd say okay. let's see what happens and we saw what happened. lawfare does not work and peep don't like the weaponization of the justice department against political opponents doesn't matter republican against democrat or democrat against republican and i think democrats will think twice before they try this again because they left a sour taste in everybody's mouth and justice is coming now. brian: quick on this now, we're told it's being postponed indefinitely or delayed indefinitely. that may be a huge win but to me
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sounds like we'll just sort of keep it on the back burner and when it's convenient for us to sort of bring it out again, we'll do it. any risk there? >> if they want to go after a sitting president, a popular president and transition getting a 4% approval despite all the -- 54% approval despite all the controversy and they delayed this till 2029. roll the dice and take your chances and if anybody thinks anybody will have an appetite for an 83-year-old donald trump to go to jail over a crime that no one can quite define? again, it's political suicide, brian. brian: good point. next one, guest on msnbc freaked out about trump's new pick for attorney general, pam bondi. >> pam bondi is who we should all fear because she's competent. we may not agree with her ideologically, but she actually knows how to do this job. she is a dangerous specifickive pick and that's -- effective
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pick and that's worse than we'd have gotten with matt gaetz even with a deplorable background. brian: the left is freaking out because trump chose somebody competent. make sense of that. >> those are the two adjectives i took out. competent and effective. okay. that's the criticism over there at this point? msnbc lost half their viewers between joe biden and joe scarborough and it's tough to have the name joe these days so call me jack. that's the name i always wanted. lick rales hate joe and mika for meeting with the person they called hitler and reset that relationship in their words and trump was smart to take the meeting and that's the kind of analysis you get over at that insane asylum at 30 rock and that's why they're being spun off and bought by pennys on the dollar of soros of some kind and maybe go forward. no one is paying attention to that nonsense anymore, brian.
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except just to mock it, which is truly fun 6. brian: jack, one more. day that white was on the campaign -- dana white was on the campaign trail with president trump a few times but now he says he's never doing that again. politics are gross and disgusting and wants nothing to do with it what do you make of that, joe? >> he's probably like most of us, we need a break and a vacation. this is the craziest campaign season and back to the beginning of the year and i told you joe biden would lose the debate, drop out and kamala harris would jump in and get all the media anlation and lead in the polls and donald trump comes back and then wins the thing after almost being assassinated twice. you should write a book on this -- actually i am write ago book on this. brian: i figures you did. >> jack loves to write and he's
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a brick house and did his job and helped trump get undereunderestimated and don't r underestimate the ufc crowd and he's like a blackjack dealer, i'm out. brian: joe, jack concha, thanks for being with us today. we appreciate it, sir. best of my recollections taking a look at cryptos and we're watching bitcoin ethereum is down just a bit. race to 100. see if we get there. jonathan hoenig joining me now. >> 150. brian: i'm sitting here forgetting i'm on tv watching it move because i i want to see if it gets to 100. where does a rally go from here on this one? >> what the right price for crypto? 100, 150, 200?
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brian, what you're seeing is fomo, fear of missing out. i still say the price of crypto is arbitrary and we'll get a lot of hate mail for that. there's no company there. i've been a doubter of bitcoin, i've been certainly wrong, but i do say that the herd is flying in, brian. you've seen record inflows into these crypto etfs and just a little bit of history e lesson here, the most money came into tech stocks ever in february of 2000. that was right before the nasdaq topped out for about ten years. is crypto 100, 150? it's not an asset i'm putting my client's money in right now. brian: we've got a couple crypto sec stipes on today. skeptics on today, that's good. get both sides. jonathan, you're a libertarian and i know this and love reading your stuff and you're a philosophical economics guy and bitcoin and crypto represents something that libertarians gravitate to and separation of fiat currency from the state. why not be in on that? why not be bullish on it?
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>> the irony, brian, so few people use bitcoin as a currency. they're buying it because it's going up and i look at 100 deal as day and choose one. if bitcoin is your one, have at it. i say use the top loss order invest accordingly but i like to look at companies and small caps for example have been up lxxxii. maybe that's nothing compared to bitcoin but trading at 24-year discount to large cap stocks ask looking at actual valuable companies and things i can do well over the next couple months. small caps in particular. brian: all right, all right, fine. talk about exotic pick of the week. i love these and they're very interesting and this week psce. what do you love? >> that's right. small caps have been left aside but long periods of time they've outperformed large caps. psce owns a very hot area of the market right now. not crypto hot, but energy stocks are starting to breakout
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and starting to outperform and, brian, this one trades at 10 times earnings. the nasdaq trades at 30 times earnings so you know you're not overpaying and i think this is a name that could do well over the next 3-5 years and do your own due diligence but it's actual assets and not pixy dust of bitcoin and crypto. brian: we like assets on this show, jonathan, and you brought us a good pike. thank you, sir. have a great weekend. >> you too. brian: we showed you jaguar's new ad getting major pushback for features no cars. but, madison, volvo came out with a new ad and wondering maybe this one has cars. >> maybe a car company has cars in their ad. they co. this volvo ad is nearly four minutes long and features volvo's new electric suv. shows a man learning that he's going to become a father and then he imagines the future and
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saying it's the safest volvo car ever made. the ad was released in september and pop os back onto social media because of the ad you're looking at now, the jaguar ad. the british car company came under fire after releasing this new promo video featuring the new logo and lots of colors, outfits, but no cars. people don't like that. brian: looks like some kind of fashion ad for clothes i'd never buy. i don't get it. can i say something, even the volvo ad, it took awhile to get to the car even in that one. i'm thinking, get to the car. >> it's a four minute ad and version playing online for youtube. if you're paying for a spot on television, it's not that long. that's the ad in its entirety but television ones you get to the car quickly. there's a lot of expositions and i want to see a car drive fast and safely. brian: i like the ebbing nearing part of the car more than the commercial art part. i'll leave it there.
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enough of that. madison, thank you. breaking news that a judge in trump's new york hush money case delayed sentencing indefinitely and trump has till december 2 to file a motion to dismiss. more on this later in the hour. gavin newsom on the road and is this part of his campaign to paint himself as leader of trump resistance? we'll break it down for you. first, a new migrant caravan formed in southern mexico and making their way to the border. can it be stopped before trump takes office? aart dell cueto will tell us next.
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brian: mike tobin joining me now on nfl break ins. fbi think this is is organized crime. >> yeah, criminal organizations are using public records to obtain information about the homes of big name athletes and look at game schedules and rob the home when is the athletes are gone. there's suspicion south american gangs are behind it. nfl went as far as to issue a warning to players reading in part "homes of professional athletes across multiple sports league haves become increasingly targeted for burglars by orgaorganized and skilled group. travis kelsea, his house hit -- travis kelce and his house was hit and one of his watches turned up in rhode island and someone is moving the products.
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patrick mahomes was robbed as well. surveillance video captured two men outside of the home of bobby portis around the time he was robbed. >> while i was at my game yesterday, i had a home invasion and they took most of my prized possessions. reporter: there's groups to travel around to a target area and patterns are the same and burglars jam the wifi so security fail and go to the master bedrooms and closets and cash, jewelry, watches, expensive purses and the people they arrested from chile and venezuela. brian. brian: really important stuff and sounds organized to me, mike tobin. thanks for that. now this, a new caravan of 1500
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migrants has just formed in southern mexico. national border patrol president art del cueto joining me now. is this the race to get here before trump takes office? >> absolutely. the cartels are the ones that control the boarder and trying to get as many individuals across into the u.s. right now and as much drugs at the same time so they can make their money because they know, hey, rough times are ahead for them. what you'll see is when you're seeing these big groups and big caravans coming across, they're not all going to cross at one spot. the cartels break them up and it depends on what areas they want to focus on, what areas to distract agents from, that's where they send smaller groups because they know that distraction can cause agents and other law enforcement to go to that area so they can continue bringing other products and other areas of that same spot. brian: border patrol moral has been up since trump was elected, but they're staring in the face of all the caravans forming.
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are border patrol agents prepared for what will happen over the next few month s? >> comes down to the leadership of the agency, not so much the agents. agents are out there doing what they can but it falls on the leadership. they're the ones that do the operations and tell you where to focus on and where not. unfortunately what we've seen in the last four years is a lot of knee jerk reaction from some of the leadership where they're not prepared with no proper tools and agents spread to other areas because of current administration. look, hope is on the way. that's what it. co-s down to and makes the difference. yes, we know there's groups coming across and we know what's going to get hard but you know what, we have that glimmer of hope at the end of the tunnel when president trump comes black. brian: talking about tools just a second ago. new york post reports the biden admin vagues is quietly loosening its immigration policies that are rolling out a new ice app in new york city and allows migrants to bypass in-person checks in and mark
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meredith questioned the white house about this, listen. >> i have no new policies to speak at on this time. refer to dhs on this particular question and asking us if we're doing any policy changes and encounters have dropped more than 55% and they're lower than even four years ago. that is what we're going to continue to do and continue to force our laws and that's going to be our focus. brian: i mean, if we get these kind of looser policies or looser tools, what effect is that going to have on # what trump administration has to deal with at the border? >> this administration has less than 60 days left and determined to hand over the biggest dumpster fire they can to another administration. that's what it comes down to. they can try all they can but we know that the leadership that's been established is going to get the job done and as i said
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earlier, hope is on the way. brian: well, two months before that hope gets here and it sounds like there's a lot of shenanigans that might happen in the meantime. we'll see. art del cueto, always good to see you. thanks for being here. >> thank you for having me. brian: now this, alleged tren de aragua gang member spotted smirking in a new york city courtroom and charged with robber a prosecutor. so why on earth -- maybe i can guess, was he smiling, madison? >> i don't know if you could. he doesn't have any reason to smile considering he's being held without bail and he's been arrested seven times since june. this story is disturbing. a venezuela migrant with apparent tren de aragua ties is accused of robbing a manhattan prosecutor in her apartment building while performing a lewd act on himself. in court yesterday, he smirked, laughed and yawned. he's accused of following
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prosecutor into her apartment building and going to corner her and performing a lewd act on himself. he picked up and he's been a failure to appear in court and counts against him in addition to three open cases. he bragged to cops picked up for the crime telling them i'm all over the news, i'm famous. my friends told me. in court he actually yawned as he was being told that he was going to be held without bail. brian: yeah, he's played this game seven times before and won every time. i think that's why he's smiling because he plays the game better than our authorities can apparently. good stuff. thank you, madison. take a look at markets, dow is up about 260 points and little change on the nasdaq and the s&p though. retailers all up big and boosting sector and green down
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and kohls, abercrombie, macys gap, i worked at abercrombie back in the day. that's not boding well for me. coming up, new ceo of red lobsters pes to make seafood cool for millennials and how he plans to do it. jeff andrew gruel filling out payroll taxes more than this year and $2,000 more than he initially calculated. we'll find out from the chef himself, andrew gruel is here to sunday off on the antibusiness practices of new york next. hey, man. ♪
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brian: this morning jeff bezos' blue origin launched from texas and six people on board and mission was to fly to space. experience a few minutes of weightlessness and then return back to earth. that would be fun. would you do that, madison? >> no, definitely not. i would not. not till space travel is truly commercialized. brian: you could be that person to help us get there. >> yeah, or you could be. brian: i've got to sit here and do this job though.
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there are grounded with stu's seat right now. coca-cola facing backlash after putting out newest holiday ad and the reason is it's completely ai generated and 30 second ad was made using the real magic ai program and used coca-cola's entire backlog of ads to train the ai and people online voiced opposition calling it soulless ask saying it lacks any holiday spirit. but there's no real effect in the stock. >> people are going to drink whatever soda if they like it. brian: people care about coke ads. they're always the best ads. a lot of good stuff to train the ai on. now this, red lob sper looking to refresh after making it out of bankruptcy. >> playing with menu items and the music looking to do a full reboot of the restaurant chain.
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refreshing the image and repairing the locations that they have left. he was here in time square tasting the lop terrific for at least tenth time across locations and noshed on bacon wrapped scallops and washed down with snow globe and sangria. he wants to overhall them with the brand and grew up going as a young kid and restore it for them and their future children for future generations. b i don't think the cheddar biscuits you can beat. that was the secret thing for me. >> yeah, great prices and cheddar biscuits. biscuits. brian: all sounds good but revamp for a new generation. a lot of seafood decor in the restaurant. can't get rid of the ropes and steering wheel things on boats.
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>> captain's wheel. brian: he's here with me now. they're higher not because you miscalculated or got things wrong. it's a little more, i don't know, nefarious and explaining why that happened in california. >> they had businesses in california cover their debt and it's personal to me because in 2020/2021 when employees got laid off because they shut down out dining for the ninth time and newsom was like sorry, we can't do anything about it. we raised almost $700,000 for restaurant workers paying off their rent and electricity, et cetera because the unemployment funds didn't exist and they misappropriated upwards of $50 billion in unemployment funds and took a loan to fill
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that in. they defaulted and now we're covering the debt. brian: cosigner and send you the bill. kick in an extra $2,000. maybe you can afford the extra 2,000. your restaurants are great and doing well. there's a lot of businesses in california and can't have the surprise of extra $2,000 in a month. >> in california, if you're breaking even, you're succeeding. $2,000 a week, bam. you lose any potential profit you have and not putting anything away and everything is just coming at you left and right. brian: that's unbelievable. i got this for you as well. wall street journal reports that the agriculture industry is bracing for trump's mass deportation plan. >> there's a lot of fear
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mongering going on and i'm not buying it. there's x amount of undocumented people working in the field. if you know they're undocumented and they're in line, put them in the right visa program to fast track them. trump doesn't want to throw working people out of the country. i see it in los angeles. people crossing over the border and come up. they're not going and applying for jobs. they're just hanging out, guttersnipes and causing trouble. those are the peep that he wants to go away. not the people that are actually producing for our economy. in my estimation. brian: we have a lot of young working aged men we need to bring back. >> yeah, if there's a gap, reach into the pool of voters that have been vetted. go through the proper process and expedite it and there you go. brian: do thing legally and according to the rules. that's like the main lesson in all of this, follow the law. i want to ask you about this as well.
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white house celebrate ago decrease in the price of thanksgiving dinner this year. robbing, are you seeing food prices making a decrease in your industry or line of business? >> not on a whole level but maybe processing costs and transportation costs are so high. we're seeing business pick up because there's been an emotional exuberance after the election and people are spending money i think there's a lot of money on the sidelines in the beginning when people didn't know what was going to happen and now they're going and spending a little bit more money. which can help spurn things. th. brian: we had a restaurant owner on our show and he said bring down diesel costs because my food drives on five trucks before getting to my restaurant. that's a good way to get prices down and energy drill baby drill. is that what it take s? >> it's the common denominator and lobster and meat and very specific and hyper-sentstive to
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what's going on in that specific market and transportation touches everything and five or six times over. there you go. brian: okay. chef andrew gruel, great stuff. thank you for being here. if you want to know if somebody can kick, it's a row tis reigns leading chicken. that's your test? >> that's the best tell right there. brian: do with with that what you will. gavin newsom set to visit the county's that voted for trump. what's his mission, madison? >> getting votes back. to entice them back to his side. he'll start with fresno county on thursday to unveil new efforts to improve the california economy touting it there. trump won fresno county by 4.5 points and according to to exit 308s and the top issues for inflation and immigration. making trips to kern and kansas calusacounty and people feel lie
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they're losing their identity and future. message received. he said that california will work with president elect trump's administration, but will fight to uphold the rule of law. so i mean it sounds like there's a bit of coming to jesus moment. he saw votes were moving and trying to win them back. brian: it's that time of year, thanksgiving is less than a week away. so is the national dog show. the host is here with a pup of his own. he'll give us a preview of the show and introduce us to bam bam. this is him right here? ♪
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brian: ashley, what is florida doing dbrox tote fun lovers down there, ashley? i well, you know what, brian, i thank you. no, possessions mean nothing to me. all about experiences but, yeah, business is booming in orlando and for amusement parks and attractions around the world, $1,200,000,000,000 is going for the next five years and it's all alaska experiences. listen to this. >> people want to have experiences and more important than possession asks people do not always need a new car but they want to experience something, which they can share on instagram and everything. this is where we come boo play.
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ashley: earlier in the show, hi a chance to try out some of the goggle type games and experiences and all i can say is there's not enough pepto bismal. watch this. >> put this on. ashley: hello. not good. ashley: yeah, not good. queasy, stomach. roy, r-o-i, return on investment. asking him if he knew stuart varney. >> i did not get that. please speak clearly.
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ashley: i'm in trouble. do you know stuart varney from fox business? >> i do not have information on individuals unless they're public figures and widely recognized. i have no information on stuart varney related to fox business. ashley: is he going to replace humans? >> ai can perform many tasks proficiently and efficiently, we are not meant to replace humans our goal is to assist and augment human capabilities and not replace them. human creativity, judgment, and empathy remain essential in ways ai cannot fully replicate. ashley: okay, thank you, roi. we're safe for now, guys. earlier he did know stuart varney. i didn't ask the question properly. i don't know in roi takes any jobs any time soon. brian: i hope we can cut that
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clip of him not knowing stu and play it every single someday on the show. that would make all the guests really happy. ash, great stuff. good to see you, my friend. stay well. ashley: thank you, brian. brian: now to this, next week after thanksgiving day parade is 2024 national dog show. about 2,000 pooches competing for the title of best in show. joining me now is the host of the dog show john o'hurley along with bam bam, an english toy spaniel. >> just to be clear, i'm not bam bam. i'm john o'hurley. this is bam bam. brian: that was confusing. you're a wonderful guy, but we want to know about bam bam. tell us about him. >> bam bam is an english toy spaniel and very old breed. one of the oldest breeds registered in the world of dog shows. we have registered back in like 1860 -- or 1885, something like that. brian: bam bam is not on the show but others like him? >> no, only seven months old and show career is just beginning
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and a lot to look forward to. this is a wonderful breed. they literally are bred to be lap dogs and that's what -- if you have a lap, they have a reason to be there. brian: sitting right here. that's wonderful. >> exactly. this is one of 2,000 dogs but more interestingly, let me give you another number, we have 205 different breeds this year. largest we have ever had by quite a bit. when i started this 23 years ago, we had 165 breeds. that's something. brian: what is the preparation like for a show like this? i mean, just give us a sense, what's the extent? >> the long term preparation is dogs have to be well trained to be able to do this and answer to the click and keep a good relationship between the handler and the dog. but make no mistake, the grooming that goes on backstage, you think it takes a while to put this together, you ought to see what goes on backstage.
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it's really something. brian: i bet it is. you've been doing this a long time, 23 years. >> 23 years. brian: okay, so -- >> and the audience, we get -- we are next to the super bowl the largest audience of any show around. brian: and a much better groomed audience. audience. i don't know if you know about that but tell me about -- give me a moment in the 23 years that really always stuck with you. >> sure. the great dane, walked into the best of show and walked through the ring and this black and white great dane stopped in front of nbc booth and looked me straight in the eye and squats down and leaves on the carpet an editorial mark on my performance and the entire show had to stop while they brought out the hazmat team to clear off this course. brian: i believe that sort of thing can happen. >> quite seriously, that's the
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only time that's ever happened in the 23 years. brian: really? no kidding. >> it was directed at me. i felt it. i felt it. brian: sounds like a very proper event and audience. if a guy like me showed up in an urban sombrero for example, would that be a problem or would i fit right in? >> i would make sure that you were sued within an inch of your life. no, the wonderful thing about the show is it's really a family event. we have 10, 15,000 people live in the arena watching the show. it's the last remaining benched show, which means all the dogs and owners and handlers all have to remain there so people walk up and down the aisles and meet breeds they've never seen before, some with hair, some without hair, some with long cords that look like whoopie goldberg. it's just an amazing variety of breeds. brian: you're a partner in a company, very different subject,
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called energy i ininc park and turns waste into energy. >> very simply, we take any form of waist a -- waste and turn ino large amounts of energy and absolute zero emissions. portable, scaleable, stackable and it's off the grid. it powers itself. there's not much really you can say no to. replaces the need for landfills and sewage treatment pl plants d do coal with no emission and do just about anything that isn't nuclear. brian: john o'hurley, truly a renaissance man and judging this year's national dog show. sir, thank you for being here -- >> hosting. brian: that's right. i confuse those two. you're an able host. thank you, sir. >> great to be with you. brian: the judge in trump's new york hush money case delayed sentencing indefinitely and getting clarify with an attorney, next. ♪
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brian: sentencing in donald trump's new york criminal case de-leid indefinitely. trump's defense teams request to file a motion to dismiss has
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been granted. bring in former federal prosecutor katie. >> this is more on the legal side and not discussing the main issues at trial and judge merchan allowed them to go ahead on dismissing the case on the basis that president trump is in his transition to take over the office of presidency, that the case unduly interferes with thse angle they're going at and other angle to dismiss this case is based upon the supreme court's ruling that said that presidents are immune from prosecution and certain evidence of presidency cannot be used in the prosecution. there's many reasons this case should have already been dismissed and now this angle
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they're going after it with. brian: let's assume for a second you don't get decisions on the dismissal. is the idea here to push this till after trump leaves office and then pick it up again? >> well, that is what the da's office is essentially asking for and that they'll be amenable to delaying the sentencing until he leaves office and that makes no sense. that's the defense's new motion and that can't practically be the case that having a state trial court for four years based on the executive function of the office and speaking when a defendant is pending sentencing, the court does have some authority over them whether they put conditions on the release or they're just having oversight jen gently pending that and agreeing with the position and even without that, the case should be dismissed on immunity grounds. brian: any time line on decision
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around dismissal? talking months or what is that? >> that's a big part of the problem here is judge merchan should have decided this already and he's holding in in authority when a higher court could step in and taken way too far and a decision made on these issues. brian: okay, katie, great analysis. thank you for helping understand what's going forward on this case. we appreciate it. >> thank you. brian: now it's time for the friday trivia question. oh, that is so fun. how many words are in the declaration of independence? is it 1,320, 1,448, 1,512, or 1,665? i don't think they taught us this in school but we'll get to the answer when we come back.
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brian: before the break we asked how many words are in the declaration of independence. what do you think? >> i feel like the founding fathers are really to the point. i wouldn't go with one or 2.
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i will go with one, 1320. keep its extinct. brian: i will go on the other end of that. they got a little verbose, when in the course of human events. i will say 1665. show is the answer. madison: that's awesome. >> it was adopted on july 4, 1776, and it was brief. a quick programming note, tune in to "the big money show," weekdays at one p.m. right at one pm right here on fox business and we would be remiss if we didn't note that stu was supposed to bring madison a bottle of wine for her birthday. in fact he has delivered so well done to you. a great day. that is it for "varney and company". it's yours right now

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