state of america so the cyber space for geopolitical competition and companies on the forefront of cybersecurity and strong potential beneficiary of the ai revolution and this is definitely fort net. liz: i'll tell you the competitor network down 3.5% and significant mover and tom hulick, great to have you here. folks, this quelled up on us. this is a record close for the dow jones industrials with the gain of 431 points. the dow make ir the "claman countdown". thank you as always so much for joining us. kudlow is next. larry: hello, folks. welcome to kudlow. i'm larry kudlow. so, the stock market and bitcoin keep going at warp speed showing

trump's promises made and promises kept and cabinet to steer a blue collar boom. congressman wesley hunt here in a moment to and senator bill hagerty and steve moore and even cardinal timothy dolan here onset. first up, edward lawrence live at the white house with the latest on whatever the latest is. what are you doing there, what's happening down there, edward? reporter: yeah, standing in the rain at the moment, but i think things are moving very quickly, larry, with the president elect's cabinet choices, except when it comes to treasury secretary pick. more on that in a moment and latest pick is attorney general picking pam bondi as nominee. hours after representative matt gaetz withdrew his name, the president elect selected the florida attorney general as his choice for attorney general. the response? positive, listen. >> we need to open the books on

what the agency haves done going after trump and going after conservatives and religious americans, people of faith. we need to lay it all there and fire everybody involved and we need to overhaul doj and fbi, and i think pam bondi will be up for that task. reporter: democrats also concerned and listen to this guest on msnbc. >> she's competent and she actually knows how to do this job. if anyone on the democratic side or anyone caring about liberty or justice thinking maybe matt gaetz will screw this up and give us time. no, pam bondi knows what she's doing. reporter: one post mulling over treasury secretary. there's a lot of jockeying for that top spot at treasury department and leaks coming out of wall street about one candidate or another candidate and latest report for "the wall street journal" saying there's been conversations about kevin warsh getting the spot and scott

bessent coming in as top economic adviser to president elect trump and senator hagerty stock on the rise because he knows how to get i agenda through congress and international experience and bott trump could change his mind at any minute up till the last point making his decision on this, larry. there's no decision as of yet. i have my cell phone with me so if the presidento if the president elect is watching and call and give us a hint, i'd take it. larry. larry: my lips are sealed, edward. my lips are sealed. you didn't have elon musk on your list. reporter: no, he'd have to divest himself and that would be a problem. how about sounds like, larry? larry: put it all in trust. edward lawrence, thanks very much. have a great weekend. we appreciate it. folks, senate republicans need to put their big boy pants on and that's the subject of the riff. here's hoping the gop senate put

big boy pants on ask confirm president elect's cabinet choices. don't listen to the dc swamp, don't listen to the liberal media. please listen to the guy that won a landslide election where voters have given him a major mandate for change, policy change as well as personnel change indeed personnel becomes policy. i don't personally think matt gaetz got a fair hearing or was able to make his case but it was his choice to withdraw. in america you're supposed to be proven innocent till proven guilty and now they're going after pete hegseth for an allegation that occurred seven years ago. be clear, the moderate california police investigated and no charges were filed and that should put an end to it.

hopefully the senate gop will see that the brilliant mr. hegseth, that's a decorated military veteran as well as super smart guy was appointed by president trump in order to shake up the pentagon, which is a place they haven't passed an audit in seven years. lately it seems like woke and dei where sometimes they're more important than the battlefield and judgment. because of his experience, hegseth knows the military very well and he himself was a warr so, should be confirmed routinely and whispers the next pick is tulsi gabbard and trump's pick for dni. may not agree with everything she said in the years but she was a u.s. army reserve colonel and as a house member, she sat on the armed services, foreign affairs, and homeland security committees so she knows a lot about defense and intelligence.

she was also until very recently a democrat. which is part of mr. trump's new broad based coalition, which is what the doctor ordered to win elections and whispers about robert f. kennedy jr. appointed to run hhs. again, may not agree with everything mr. kennedy has said down through the years, but he too was a lifelong democrat until very recently. then he came over to join the trump coalition. very important stuff. are you telling me by the way that the nihfda and cdc and hhs agency doesn't need deregulation and general shakeup and transformation? really? but that's exactly what mr. trump wants his appointees to do. shake the tree branches as hard as possible. guarantee that a lot of waste, fraud, abuse, excess overhead,

excess costs, all will fall from the tree branches. all the other cabinet heads will be working closely with elon musk. and vivek ramaswamy in order to chop down the very swampy dc bureaucracy trying hard to sabotage not only the trump appointees but the trump policies and probabl over 20 yearings as prosecutor and florida state attorney general. know as lot about immigration enforcement, just what mr. trump wants and john ratcliffe to shake up the fda front pushing top to bottom. howard lutnick in congress going

to defend america against unfair trading practices that hurt the blue collar workers in american industry. elise stefanik clearing out anti-semitic rot at un or else try anyway. this is no time to go wobbly. the economy, our culture, and our security is at stake. and that is the riff. joining us now, texas congressman wesley hunt no slouch himself. wesley hunt, good to see youm so our senate friends, this is no time to go wobbly. that's the key point. these appointees are pretty darn good. i'll get your take on it. including pam bondi, most recent and i don't think gaetz got a

fair shake but he crew. okay. hegseth with the matter going to be closed and this is the time for the republicans to rally around and help president trump get done what he promised the american voter he'd get done. remember what he said the night of his victory, promises made, promises kept. i always love that had, wesley hunt. >> president trump won every single swing state in the last election, popular vote, given a mandate from the american public to hire people in his cabinet that are going to make thing up. i think pam bondi is just the woman to do that and elise stefanik is going to be surrounded himself around, specifically, i do recall mark cuban saying something on the lines of he's not surrounding himself around competent women. here we are, right now where he's surrounding himself with women that could actually get the job done and get america first agenda push through and this is either going to be led

by susie wiles. keep that all in perspective here. we are elected the people that president trump has a mandate given to him by the american people to ensure that we shake up the swam and get rid of what we've seen over the course of the past few years and get rid of dei. hire the best people, how do we have best practices and have elon musk lead us and the bureaucratic bloat along with vivek ramaswamy. this is what the american public voted for. you are right and senate has got to grow a backbone and understand this is no longer going to be business as usual. larry: mrs. thatcher told papa bush many years ago, this is no time to go wobbly and talking international i said arkansas incident and this point is no time for them with friends in the senate going forly and this is time for them to ignore and

media and ignore the liberal ones and going for them and coming down and chop them all down to size and they don't want them with senators and going for them to put ear plugs in their ears and not listen to any of that stuff. just help the boss. >> you are correct. he was put in charge for a reason. one of the biggest reasons was that he was going to have that on the line and almost 20 million and going for them and they're not going to have a backbone to support with those people and spoken with thell you this and he's keen on getting rid of the criminals and these animals that have rotted our country from within and rounding them up going to play a very serious role and continue with them with the economy have ago top two issue that president trump was elected on. so the senate has got to getc

going to say where he is and going for them and solve them swiftly going for them and that's why. and these elections and trust his opinion. larry: great tape on pam bondi and immigration and here iation. >> it would be like saying we have a murder and armed robber and we're going to harbor them in the that's not the law of the land and despite any governor and the federal authorities will have the authority come in and remove them if you're an illegal alien in this country, you cannot be here without permission. it's law of the land before president trump is back in office. larry: okay, she knows the law and you've got big libs, california, massachusetts, chicago. all of them.

they're standing in the school in front of the schoolhouse door not letting them go and federal lawsuit supersedes federal and state law and there's number of statutes in federal law that ice and related border authorities to go and sanctuary cities or non-sanctuary cities and go find the criminals, take them and deport them and plenty of statutes there and federal law and superseding local law. pam bondi knows this, tom homan knows this. everyone's going to know this. only one that don't know this is they're going to be completely wrong. >> they're wrong and think about this, it's been about a year since laken riley was taken from us and the man -- excuse me, the animal that killed her got sentenced to live in resident

and in my opinion, should have gotten the death penalty and these are the kinds of animals put out of the country and that's why president trump got elected and why pam bondi will do a great job and she understands the law. people want to get their job done and also really interesting too, larry, the members of ice, these brave men and women that risk their lives every day keeping us safe they want to be able to act in the best interest of the public and allowing them to do that and you'll see a precipitous change very rapidly over the course of the next few months with what's happening to our southern boarder and getting these animals out of our country killing and murdering our young people in this country right now. larry: last one. the stock market is telling us that everything is moving in the right direction. that's what it is. it's a sign of confidence, you

know, promises made, promises kept. mr. trump won a big landslide for stock markets to seize a fabulous economic boom and that's really one of those -- i hope you're in it and kudlow trust owns the index and fact of the matter is the market is saying we like what we see. last word, wesley hunt. >> president trump not even sworn in yet and you're correct. tax cuts good for all americans and good for all americans to reinvest our own money back in the economy to grow our way out of this recession after president trump was going to do and i'm looking forward to economic prosperity for many, many years to come because of president trump and his decision making ability to fixing a broken economy. larry: wesley hunt, thank you ever so much. appreciate it.

folks, coming up, tax cuts first. a personal pet peeve. talking about it with steve moore and senator bill hagerty. next up, folks, catch kudlow monday through friday at 4:00 p.m. here on fabulous fox business and for some reason can't get us at 4:00, text your favorite 9-year-old and she'll show you how to dvr the show ad new hampshire never miss a stock market rally, backbone don't go wobbly and all sorts of wonderful things on kudlow. we'll be right back. ♪ son . the scout from football college is up in the stands. . maybe i'd rather go to school for insurance. i didn't raise no insurance man.

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right for the tax cuts and bluntly, the blue collar working class coalition, which mr. trump restored and broadened and got him elected and it was about take home pay and after ibram fellation take home pay fell in the biden years and there was an affordability crisis. that's why -- you'll do border work. i understand that, but that's really more executive branch but legislatively, go for tax cuts first, senator hagerty. what do you think? >> yeah, you're right. president trump ran on bringing middle class prosperity back and it's our job to make sure that happens and president trump received a mass mandate as you know and one of the most critical aspects of the mandate and joe biden and kamala harris

delivered economic malaise to americans and step up and do what president trump served in the first administration when you and i served there and lowering taxes and look what happened to corporations and lowered corporate tax rate and revenues go up and inversions come to an end and the economy prospers and got to get back to that. we can. larry: let's talk scoring and it's technical in the weed. we had mike there's no need to score that and current policy baseline and used in the past and no need to worry about that stuff. will there be additional tax cut s? that's a different matter and 2.0 mr. trump and things like overtime pay and tips and so forth. i get that. steve, the dynamic scoring and the growth model here is very,.

>> what an honor to be on with big hagerty and secretary of the state and even ambassador to the world. great to have you and we hate to lose you from the senate but you can serve trump in a great way. to answer your question, larry, it's funny because i spoke at the republican house caucus lunch a few days ago, i know you've done that in the past, and i said exactly what you've been saying, get this thing done right away secretaries right oue gate and this should be the highest priority and get it done in 100 days. might be ambitious to go through the reconciliation process, but why not? the other side is discombobulated and democrats don't know what they're doing. i think, larry, you may get democratic votes for this republican talking about w one of the biggest tax increases on

the middle class and consequences of failing are large and ace pollster john mcglaughlin nagging me to at the time we mails and you've got to work on the middle class tax cuts. the take home pay part of it. we're not worried about the upper end. they always do fine and a lot turned to democrats and the point is you've got to say right t to help this new it's about getting energy costs down and executive branch getting energy costs down and i understand the regulatory issue and that's an executive branch issue. not all but most. the one that hits the floor of the senate will be the tax cuts

and got to -- listen, you remember in 2017, the first thing that was done, the first half of that year, first year, they went after healthcare. that was big mistake and got nowhere. i want to go right away. right away. >> yeah, i couldn't agree more, larry. mr. trump coming in with a deliberate mandate and he shall rolling in the same direction and i feel confident we can do this. the economy needs it, and president trump is tackling all aspects of this too. i'm so appreciative of the effort he's got with the department of government efficiency. if you think about what that can bring, i mean, i've seen it. i started my career at boston consulting group cutting waste out of large corporations and seen it in government. i was commerce secretary in tennessee. i cut over 40% of the positions out of my department. you know what, tennessee went from the bottom half of the economic scale to the very, very top where the envy of all states in the nation right now. this can be done, and we'll see

the government perform better and the american public will appreciate it like never before. that will help with the tax packages in terms of offsets we'll need. larry: 30 seconds, steve moore. the stock market loves the possibility of lower taxes and match lighter regulation and cheaper energy. stocks are torrid. they're booming. >> you better believe it. i mean, this is the market speaking and by the way, we're seeing the same things. i don't know if you saw there was a new manufacturerring sentiment index and went straight up, larry. everywhere i go, i've been on the road a lot. i mean, you just see walking down the street people have an extra hop in their step and so much optimism out there and one thing to work on, larry, is your old friend larry summers out there saying trump's plan will cause inflation. i don't get it. talk about terrorists and upset terrorists with lower taxes on american businesses that produce things here, i don't see that .

that's not going to cause inflation. reagan proved when he cut taxes what happened to inflation, it went down. larry: good luck on larry summers. anyway, steve moore, thank you very much. senator bill hagerty, we appreciate it as always, sir. folks, coming up, is lame duck biden trying to start world war iii? what is he doing. it's incredible. we don't even know cognitively if he's up to the test. we don't know who's running the white house and ukraine is lobbing american missiles and putin is lobbing them right back and one nasty story. we've got david webb and joe concha next onset and kudlow is available as a podcast. episodes every weekday right after the show. spotify, apple, fox business podcasts.com. you know what, i'm a tax cutting podcast, that's what i am. ♪

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larry: all right, well, i don't get this. lame duck joe biden trying to start world waxer iii. that's a cliche but if you read the papers, what's going on. david webb, fox news contributor and host of the david webb show on sirius xm and joe concha author of progressively worse and hot new book almost to the presses. fellas, thank you for this. we appreciate it very much. # joe, who's running the white nows? we don't know. is joe biden cognitively capable of running the white house? don't think s. he's ordering escalation in ukraine and best missiles are basically cruise missiles in russian territory and putin comes back with a

missile that no one knew about and deeper and faster and mack 2 i'm reading about and lord knows it could at some point have a nuclear tip on it. what does biden think he's doing here? >> escalating this war because when trump takes office, it'll be deescalated in a hurry. zelensky wilsomething bigger thd grander than this, and which by -- biden waited three years to do this. where was this three years ago, for example? >> right. first of all, biden has been wrong on every foreign policy stance since he's been in the white house. think abouis is also something,i question should also be to the service chiefs and to lloyd austin and to his advisers.

who thought this? we had developments on the russian developments of hypersonics and more and going up against putins and his desires and he'll strike back at expense of his own people. you don't escalate unless you're frankly incompetent and say to the service chiefs and pentagon and lloyd austin, what are you doing because biden has always been incompetent on foreign policy. larry: i'll tell you, you know, i want pete hegseth in the pentagon because i don't know if the generals will stand up and what kind of advice they give and this guy that i knew working in the white house turning around saying everything is okay with trump after going hog wild against trump for several years and acting like a woke fool to tell you the truth. joe concha, none of this makes

sense and american voters aren't stupid and they can see the disarray and none makes sense and no logic or consistency to it. >> it's an unwinnable war and to david's point, putin will throw bodies at it till he wears out zelensky completely and five years from now we could be on the set and russia dug in in eastern ukraine and can't get to kyiv and can't keep them out. donald trump know this is and that's why we're seeing what we're seeing. in this case, 2024, trump and this administration, he gets washington now. he's hiring the right people around him and didn't so much in 2016. how could he, he came from the outside and now see the cabinet picks and it's a much different administration. larry: that's perfect lead in, david, papa bush many, many years ago this is no time to go wobbly. that's my advice to the senate republicans, okay. i don't want them listening to

the beltway and swamp and lefty newspapers. let's get these cabinet picks done asap and that's what trump was elected to co. >> they've had too much power power and control and influence and it does not say block the president. the president gets his team and time for republicans whether susan colins, murkowski and others to align. let the president have his team and one thing about donald trump is if it's not working right, he's going to fire somebody on his team. give him his team and we need a change in direction in the world economically and see the instruments of national power, dipmatic inform nags and being used properly by the united states. larry: joe concha, i think pam

bondi is a brilliant choice. i knew her in the white house and super confident and prosecutor over 20 year and former florida ag. know as lot about immigration too, which will be a key issue in enforcing the closing of the boarder and so forth. what do you think? synergy home this is smart for trump to announce all the cabinet picks now because if you have a matt gaetz situation, he's getting them out here and can't be confirmed for several months and she'll get confirmed and republicans won't be wobbly on her. larry: hegseth, there's a police report that said nothing happened and let's move on. hegseth that's a brilliant guy

and decorated military man, et cetera. a good communicator here at fox. we know him well, all of us. get this done. let's stop harping on them. >> yeah, and look, we all know pete. known pete a long time. what is his job? to manage the federation of competing interest as sec def. that's a job with next level down to work and build up and we've got to modernize and train and equip and weed out what's wrong with the military as a result of these biden era ethos. you're there to do a job and that needs to be put back in place. there's a legacy in this country with military families. they call every day i think hearing from someone saying i want my kids to go back now that pete's the potential sec def. >> i'm certain that lloyd austit going missing for a week and not tell anybody if we're talking

about cabinet picks. larry: gentlemen, thank you. got to make room for the cardinal. switching gears and while we're shifting them, musical trails. one of the best moments on the campaign trail is al smith dinner in new york city. take a listen to one of the best parts of it. >> these are challenging times here in the beautiful usa and i'm committed to working with every part of america to build a beautiful america that's strong and safe and proud and prosperous and free. cardinal, i have a very proud appreciation of the providence and devine mercy. with god's help there's nothing we cannot achieve. we can achieve so much good with this country and get together and unify. larry: there you have it. one of his best speeches and could have been a turning point in the campaign.

we're very honored and joining us onset, timothy cardinal dolan, arch bishop of new york. thank you for doing this. >> larry, i'm grateful. thank you for doing this. larry: no, no, terrific stuff. a couple things, i don't want to politicize this. talking in general terms and you talk about this all the time and write about this, the need for religious freedom. >> thank you. larry: let's start there. >> let's start there and you bet we need to talk about it. we can never take these rights for granted, all right. our founders put freedom of religion first in the first of the ten amendments to the bill of rights. i say that, larry kudlow, as a american. what makes this nation great is the vitality of rihanna religion and there's a cherished place in

the public scare. there's movements that would want to deter that and diminish that, and we can't let that happen. it's a afro-american dom that deserves -- freedom that deservings strong defense and constant vigilance. larry: front and senter and that's the second one, your eminence, school choice and funding. parents can get tax credits and in some cases tax federal tax credits to the school of their choice and some don't want the school of their choice to be a private school or religious school. that strikes me as a very bad idea. i'm glad. you'd be surprise that had aidoo grow with you whole heartedly. >> good news, 32 of 50 state haves some type of parental choice and education. we got to keep expanding that. actually, it's kind of tied to your first topic, larry, religious freedom and talking about parental rights.

supreme court said the child is not the creature of the state, it's the parents that are the primary educators. i can't figure this out. that ae primary educators. i can't figure this out. we americans are known for common sense, pragmatism and suspicious of monopolies and we have a public school strangle hold 340 notary publicly and denying parents right to have their hard earned tax money for education and can't use it to send their kids to the school of their choice. to me, it's kind of a no brainer. i'm hoping we make some progress. larry: in general, in general there's far too much in my view, call it woke or cancel culture or whatever, but there's far too much hostility to religion, religion thinking, religion in the family, religion in the community, religion in the

schools. far too much secular thinking tg and how to have a great country and tightly knit families and communities that get along without some religious sense and guidance and morality alongside it. i don't understand it. >> i don't understand it either, larry, nor did our founders. remember the post most elmore nathanial hackette commentator -- eminent commentator on the american genius in the 1830s and came from france and said, how is this experiment, this noble experiment in democracy going to keep from diminishing in the mob rule? he said i'll tell you in the united states what's going to keep that from happen asking the role of religion because americans cherish religion and have freedom of religion and take it seriously and know that

even though religion is personal, it's never private. you bring your values into the public square and therefore spice up democracy. if you don't have that, you don't have a moral guardrail on some of the base or emotion. i do worry as an american and you're not being an alarmist and i detect a scary growing animosity to religion. neutrality to religion? halleluiah and nor should any be favored or given a special privilege, certainly not government establishment, but religion always had a role of kind of respect and welcome at the table of american democracy, and some now a growing number that say religion is fine for those weak superstition, irrational people that depend on it, if you want to keep it to an hour on the saboteur botteghin but don't bring sabboth.

larry: you know that god changed my life. he rescued me about that . i am of course ever grateful. >> that's the kind of woke we need. in the american history, we called them the awakenings. the great religious awakenings and there's been a number in american history with the people rediscovered their religious roots and turned to the light above instead of all the false signals all around them and that's when america is vibrant. larry: terrific stuff. you're here to help us open up the christmas season. >> so i hear. larry: i'll help you and exercise whatever influence i have even though i won't take a drop. anyway, i'll be off next week but next week is a great holiday. thanksgiving. >> happy thanksgiving yo you and your family. larry: it's a moment of gratitude. seems to me, this is a great

country and i think it's needing a word on that. >> we're only grateful if we realize that certain gifts come from without and not from within. they're not ours by right and we're not entitled to them. we obviously turn to the maker of the universe, give him any name you want, and we're grateful. okay, and when we're grateful, we want to live lives of gratitude, all right. meaning responsible, virtuous, diligent, and again thanksgiving is religious at its root. i often think is there another country in the world where the entire country takes a day and bows its head and thanks all mighty god for the blessings we got? i don't know of any other ones. we sure do it on steroids here in the united states, and i'm

glad we do because we need to thank god. larry: thank you, eminence. >> thank you, larry. happy thanksgiving. see you outside. you coming out? larry: either out or in. we're not quite sure. timothy cardinal dolan, thank you so much for your wisdom. on a related note, please don't miss martin scorsese's new movie on fox nation. coming up on kudlow, the secular and trump crypto boom is here and sink that lummis telling us all about it. thank you, cardinal, again, very, very much. (luke) that's why we do it, marci. (marci) it really makes all the effort worth it. gathering the most in-depth info, making a clean, new homes-dot-com that improves home-shopping, creating a better way for people to... (luke) ...people to find the perfect home to build their lives. (marci) are you okay? (luke) no, it's... it's the dust-based allergy.

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often suicide gold certificates and hold them for 20 jeers and will allow us to shore up the u.s. dollar and world reserve currency and make a resource pool available to reduce the national debt. i would suggest we don't use treasuries and i think about t i suppose we could. larry: it's an open issue and we don't have enough time but talking about a strategic bitcoin reserve. look, i'm a big fan of bitcoin and wonder just in the 30 seconds quickly, what would that reserve look like? >> it would take money we already have and not new money and reserve it and convert into the bear market values on the certificates and get them to

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larry: huge approval and confidence in president trump and his policy agenda. good stuff. next week is thanks giving and i'm going to take a couple days off and to my friend liz macdonald, gobble gobble. gobb