and from there, continue to search of his property to my firearm is located in suppressor also located. there also other items of evidentiary value that were located would assist in this investigation. this time, i'll turn it to governor shapiro for some words. >> thank you deputy chief, let me acknowledge and thank law enforcement. >> that does it for us, luigi mangione, in custody, in pennsylvania. we'll see you tomorrow. >> we'll follow the story; thats for being with us. larry: hello, folks. welcome to kudlow, i'm l arry kudlow. so, president trump leads the world in celebrating the reopening of notre dame

cathedral and helping restore america to normalcy we'll talk about this and more with emily compagno and rich lowry, and senator john kennedy and newt gingrich waiting in the wings, first up, on today's top story, bring in fox business gerri willis. looks like they found someone the killer. reporter: right, major development in two widely followed criminal cases first man many of jury acquitting daniel penny of criminal wrong doing in chokehold death of jordan neely in 2023. the courtroom e ruch rupted in ablahs, but outside, protesters shoved police. penny faced charges of criminal negligent homicide that carries sentence up to

4 years expendy held penny in a chokehold after the homeless man threatened others on a subway car, penney's defense attorneys argue the marine vet was justified in protecting the subway riders. the jury verdict of unanimous. >> nypd identifying luigi mangione, 26, a strong person of interest in connection with fatal shooting of united healthcare ceo brian thomson, the suspect was detained at a mcdonald's, in altoona, pennsylvania after being spotted by an employee, shooting of thompson sparked a massive manhunt. they used drivers -- divers and drones to follow the suspect, luge suspect

left a trail of clues, bullet casings, engrained with the words deny, defend, depose, and monopoly money in backpack he left in central park. larry: terrific reporting thank you, gerri willis. i ask, is "new normal" coming back on american life that is the subject of the riff. maybe just me, but it seems like went just a couple of weeks after donald trump landslide victory, a "new normal" is coming back to american life, the magnitude of his election victory has stopped all horror show scenarios what were predicted by so many in media, especially liberal left, contrary to wisdom, election was decided that night, not 3 weeks later or months later but that evening there were no presidential recounts, no

violence mr. trump won convincingly that was that, it was an orderly normal presidential election. and despite ritual name-calling mostly aimed at mr. trump, call it fascist hitler factor. mr. trump and mr. biden sat down amicably in the oval office to plan a peaceful and successful perhapsic. -- transition biden looked pap happiest he looked in years, you would think he voted for trump, i do, this past weekend mr. trump sitting next to jill biden at notre dame cathedral looked very cozy, both of them smiling, a g-7 type smooch from mrs. biden who was leaning into the conversation in a church no less, tut, tut, and i think she voted for donald trump, president trump repeated his campaign message that suspect would end the

division and would unify the country, take a listen. >> i'm not looking to go back to the past, i'm looking to make your country successful, retribution will be through success. we'll all work together. and we'll bring it together, and you know what will bring it together, success. sunty, a message of unity, and success brings unity. larry: there you have it, more normalcy. in new york with -- da alvin bragg turned back by a jury of our peers. penny was a hero, he is a hero, he deserves a medal, and in breaking news, as gerri willis reports nypd working with fbi. has arrested a suspect in the hideous murder of the health care executive. i'm thinking that new york's finest and the fbi agency in the field are very good at

what they do, if the politics would just let them do it i'm accounting that jury -- i am thinking that juries are very good at what they do if politicians would just let them do it our constitution, and our semp common and criminal law, based on a jury system, something we inherited 900 years ago, from the english magna carta works well when it is depoliticized. the system works if we depoliticize it without left wing weaponization. and lawfare, and other forms of manipulation, yes, i think that president trump will return our legal system back to normal. then if i could return back to the magnificent f feat of prestores notre dame, president trump had a eye on restoring normal religion and culture back to american society, maybe sending a message to europe on this as

well. liberal progressives don't like religion, they want to keep god out of our life, they are second house to a fault, it is a free country, but that including rel religious freedom, mr. trump went to al smith dinner during the he was making a statement note only about helping c catholic charities but about importance of reb relire-- religion in our culture. and our communities. restoring 800-year-old notre dame c cathedral statement. having the new world leader donald j. trump attend that ceremony, punch waits that thought, i believe this too

is a sign that we may be restoring normalcy. that is the riff. all right. joining us now, rich lowry, editor in chief of national review and emily campagna. okay. emily, i'll have to read that book. >> absolutely. >> i want to read it, i can't afford it. >> there is a signed copy for you,. larry: i would love to read it. i want to start with you, we were chewing on this similar thoughts on out numbered this morning. and i see this as a return to normalcy theme, not everyone will agree with me, i see this whole thing. catching the bad guys, jurisdiction system works, normal election night. but i also really when i catch mr. trump in paris this weekend, yes, he is

taking now his rightful place at world leader. but i do think of it at al smith dinner writ large, i think just being at the notre dame cathedral and the spsplendor he is making a statement about room we have plenty of room, i'll put it that way for religion. room for spiritual culture in this country. the far left is wrong. they don't like religion, they don't like god, they have tried to keep it mr. trump during the campaign said no, he went to churches, and to al smith dinner that is how i saw this notre dame c cathedral ceremony, almost a statement to america and the world, how about that? you know what i'm saying? this is a return to normalcy. >> you are effective in how you ar articulated that,

his actions indicate a restoring no normalcy and slaking the thirsts of america we had for so many years craving faith and a graceful capture of your judeo-christian values, not to your point, separation of church and state to a fault, to a negative. the original concept of separation of church and state was protection of exercising one's faith from persecution of government, and this administration, americans were shown what happens when there is a straight up persecution of judeo-christian faith, we saw it in fbi and doj and our administration leaders. look at kamala harris for example, president trump attend the al smith dinner, kamala harris did not ex e-- attending or record a message, this was an attack on those who dare to have

morals and values, based on family structure, based on god, faith and country, president trump came in said, look, not only i do rrepresent this but i represent a freedom for americans to do so, that is why my book shot to number one day one, why the bible has increase massively in sales. larry: bible sales have increased, your book is about in military, right. >> combat. larry: soy important. so import. >> thank you. >> rich lowry, the return normalcy theme, i may be spreading my wings too far, but not just orderly election night, a month okay but also -- month ago but also the jury did right with daniel penny, every sane person, but alvin bragg who is not sane, understand that, maybe the judge too who was playing footsie with bragg under the table, lit the cops and fbi field

agents do their job, depoliticize the legal system, stop the retribution and weaponnization and lawfare stuff, i will say, ironically, it is mr. trump who is the guy who will do it no one ever did it the way that joe biden did, look how that backfired. >> when you can get magna carta and notre dame in one opening monologue that is a plus. larry: i worked on it. >> the penny case should have never been brought, this is a good day for new york city, the justice system and daniel penny, if if he punched someone on platform, but he was dragged through a year's long ordeal for being that rare person that dares to stand group tech others and bragg went after him with an il illegitimate c cont

-- concept. larry: a good day for new york 93 and the blue line, new york's cops. if the guy they caught in altoona, pennsylvania is the murderer of the healthcare executive. new york city needs this, new york city needs -- it needs to show that a jury will make penny the hero not a goat. and it needs to show, that a confined hideous -- they can find a hideous killer and capture, that i am getting ahead of that story, but i have a feeling they or to something, new york need its. >> so does the rest of of the country. >> yes, this guy has been celebrated this act of murder has been met with a lot of sympathy that is outrageous, as of a week ago i would have you that the that is crazy, no way anyone would celebrate a cold blooded assassination.

it looks like this is the guy -- this is the guy awesome police work the way they hunted down the trail and found him. larry: move obut, i really love these thoughts. you know meet the stress up purview, i was disappointed -- the mee "meet the press" interview i was disappointed. mr. trump is clarifying some of his positions. >> i'm not looking to go back to the past. i'm looking to make our country successful. retribution will be through success. we'll all work together. and we'll bring it together, and you know what will bring it together, success. unity will be a message of unity and success brings unity. larry: the country one, i love that. while w we're talking we may try to get back i'm

immigration tape, here it comes. i knew we could do it. >> the people that have been treated unfairly are those who have been in line for 10 years to come into the country we'll make it easy for people too come in in terms of they have to pass a test, get the criminals out. but we're starting with criminals. we have to do it then we're starting with others, we'll see how it goes. larry: all right, so, he starts with criminals. this is on deportation question. the beefing up border, wall remain in mexico, will be at the top of his list, the first day. but on this point, emily, it is interesting, he throwing an ol olive branch. basically saying, you know, what we can talk about the dreamer that is the lyft of least of our problem, we could work something would we tried to work it out but

democrats did not want a broader base legal immigration reform plan, now he says we may be able to work something out with dreamers but we must deport the criminals, i think that is pretty good on both counts. makes his position clearer on deporting criminals and he is going softly, right now, i think that is a positive. >> see this as effect ive triage, we looking for emergency room infl mic misch fish -- saying i'm stopping leading now, he said look at this moment, we have 3/4 of a million illegal immigrants who have histories recorded criminal histories and convictions that is regardless of them crossing the border illegally he said let's triage get the criminals out.

in many states wherever state is a border state, confident let's talk about legislation. and talk about it in a meaningful way where everyone can get onboard and no name calling from those on left, no knee-jerk talk as he is a fascist and the like, i see that as effective leadership and the type of governing we need, stem the flow now and hit ssalient points later on. larry: rich loury what is interesting, the public likes what he is saying. the numbers on his transition are the best numbers he has ever had. well over 50% of approval, best numbers. i say, that he is being sensible and common sensible, doing what he said he would do, he is doing it, think of it his tone, and demeanor they are all things that far left railed on, he is not doing that, he didn't do it in campaign either,

but they never give him credit, he is the same guy but people are getting to know him, he is showing right now, a month after the election right now during the transition, that he can govern. >> that tone it is the smoothest presidential transition, donald trump is already president and he is not getting inaugustiated inaugurated in a month and a half. who is really going to oppose deporting criminals? that is what they will focus on first, hundreds of thousands, after that tranche you have about 1.3 billion who defied deportation orders, gone through the system, and if you can get those people out, that is a lot. and you send a message we're serious about everyone force am aine -- about

enforcement. >> tries to entrap him in the m "meet the press" thing, where he would i'm going to get the bidens and throw this one in jail, he would not take the bait he is very good at it part of riepts -- of his popularity, and high bhe believes in >> 2.0 president trump, all of us, with a little ex experience we get better and more graceful, the administration between 45 and 4 se 7 made him stronger. >> thank you. >>. there you tax cuts 2.0, can wait. we'll talk about it with art laffer and steve moore, exprm youand remember you can catch kudlow monday through friday, 4 p.m. here on

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>> what do i plan to accomplice in force 100 days in office. >> trump tax cuts, they are coming due it would be very, i think anger a lot of people if we don't get an extension of that, we'll be submitting and either first or second package to congress the extent shin of the tax cuts. -- extension of tax cuts it might be in there or california after that. larry: last talk more about that joining us art laffer former reagan economist and steve moore, host of moore money. welcome. art laffer, which should come first? we don't know but it looks like the new administration working with john thune in senate will keep tax cuts for a second reconciliation

bill, first one will be about energy, and the border and the defense. so, there no telling if you will ever get a se second, reconciliation bill, you might be stuck holding that bag, what do you make of it art you, up in the air. >> i don't -- i don't think it is up in the ari think they will get both bills it will pass easily we have 53 senators now and control of house and president, i mean you have governors and state legislature it will go through, what i hope he does, energy first that is fine with me, drill, baby, drill that would be wonderful. but i would like to see it him modify the tax bill a little bit, by getting rate down to 15%. i would like him to extend the death taxic exemption a higher

amount. those are there, if you want some -- if you want some write-offs to match it. you could get rid of some tax deductions for 501c threes. but, he is if for the goal here, has the power and momentum and the favorables. let's get the job done. larry: steve moore, there are two issues here pay goes will come i call them doge brothers, elon musk and vivek ramaswamy, they don't dance as well as blues brothers but they will come up with a lot of good budget cuts and redo regulatory system. but the s issue is you have one vote majority in house you might by end of april have a 4 vote, i find this risky, i don't know what is being diseased yet, sounds like two bills, we

never had two bills, jason smith aways and -- the ways and means chair said it was a reckless proposal. >> i would want to make sure first one is making tax cut permanent. if i am surif i -- slurring, aab a bit, a just got back from the dentist, i wanted to be on the cud kudlow show, i am not drinking, you look at first 6 years of this tax cut, revenues come in higher than expected, i think we have to have right baseline, we cannot fail on this, trump has a voter mandate to make the trump tax cuts permanent. he talked about it from day one. there were an economic success if you don't extend them, you are talking about a 2000 to 3,000 dollar tax

increase on every family. so, i think -- let's go forward with this first, we has a mandate for that and other things are you know, art is right, very important. but i don't want to lose this moment, i want to get it done in first 100 or 150 days. larry: mr. trump is so popular right now, he should strike while the i iron is hot, i don't see why tax cuts can't be in first recon bill, original idea was to have a s sizable reconciliation bill, i'm worried there are not enough tax cut advocates in upper echelon of this administration. mr. trump, i think is sort of undecided. but you know, arthur, if you extent the tax cuts or deepen them 2.0 you have tax

free cash tips and overtime that is terrific too, you could be lowers withholding rates of the irs. among vast majority of working class coalition, a vast majority of blue collar people, whites, blacks, browns, young people that put mr. trump in office with his landslide, you could get those withholding rates down by spring, and increase take open pay, why wait until the end of the year in a high risk thing, why not strike while irk iron is hot, house votes are so slim, may have to battle one to get one reconciliation. >> yeah. i don't see -- sorry. the ones that i see are popular, two inheritance tax is popular, and 100% write-offs that gets economy jumping right away, i added

these others in there and had pay goes for it like doge would be i think they could get it red ready and get it through, he has the power everyone knows it i would not be surprisinged if he has 20 democrats in the vottoing with him, reagan did it. larry: you have people in dang sa -- administration saying it will take all year to get tax cuts through. >> no, no. >> that is a lousy, lousy logic, how is that? >> perfect, you are right. >> you are right, larry. >> this lousy logic they get it done. larry: i got to go, i'm with you, we have to be tough on this. not received enough scrutiny, steve moore, art laffer thank you, steve thank you for coming back from the dentist. >> are tariffs coming are a inflationary, we ask

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larry: talk about break down of world trading system, we welcome back to show louisiana senator john kennedy. mr. kennedy welcome, sir. you know, world trading system is broken. china and others have tariffs multiple times what we have, wall street and others saying that tariffs are inflationary they were not in first term, what do you think about that mr. trump will use tariffs. >> well, i guess, i would answer this way. there sap -- an old saying exercise makes you look better naked. but so does alcohol. and i say that because, tariffs are a little bit like whiskey. depends on the circumstances, a little

whiskey sometimes can make the world look better too much will make you sick and hurt you, i have never seen president trump as this wild-eyed protectionist, i he is for most part used tariffs selectively, depends on the circumstances, i expect him to use them selectively this time. you can use tariffs to raise money, use tariffs to try to convince your neighbors to change their policy, we are after all the greatest economy in all of human history. but too often the experts when they talk about tariffs they focus only on the impact on other countries. how about let's focus on america. i mean if you -- if a country is expecting us to open up our market, our markets to them, but yet they won't open up their markets to us, i think tariffs are appropiate. i expect the president to

use the tariffs very selectively. but appropriately, if he doesn't, we'll offer our guidance. larry: i think that you know, you are outlining this, notion of policy reciprocity. sometimes to get lower tariffs you have to raise them in the first instance, i saw hem do it, or -- him do it, or in case of mexico we need mexico to help out border. we need them to put troops on border and commit strongly, i don't know if new president of mexico has committed yet, threat of tariffs may move her closer to where we want, in first term we didn't havin inflation we had tariffs but no inflation, i question that logic. >> i think that president will use tariffs against mexico, i don't think he will do it just to be doing it but the truth is that the leadership in mexico no

disrespect it is a mess, the successor to lopez o be on obe-- is trying to compete in woke olympics, mexico has turned for anti-american, if you take cartels of mexico took them upside down and shook them, president of mexico would fallout of the pockets. not acceptable. larry: that is another point. he needs to mr. trump needs help on fentanyl, and help on the cartels. if she is not forth coming he will have to take punitive actions with her, china was intransigent. you have to have to use

something to bring them to the negotiating table. >> tariffs can hurt china, they are already hurting china badly in the semiconductor and technology area. but, you know, china is not doing well, economically. and if we impose, not saying that we necessarily should it depends on s, if we imposed oned tariffs on china, if we did 60% for example, it would hurt, china would respond, i could tell you china would be hurting a lot more than america would be hurt because. the trade deficit. i want to get along with people of china, but leadership of china has to understand that we'll do things differently now, we're not going to appease you like president biden did. larry: thin again, you know,

in first term with the china tariffs, the chinese companies had to cut their prices in order to sell into the u.s. market, they had to cut them a lot because of the tariffs, when you do a chart, i don't have the plot, but chinese import prices imports to u.s., fell, not they were inflationary they were count deflationary. i can not figure out, on wall street, where they get this evidence that any tariff and occasion is always inflationnary, i don't get it. >> it not, tariffs, another economic tool, it just depends on the circumstances. it would be fine with me if every country in the world went to zero tariffs. but that is not going to happen, we don't live in "la la land." and our tariffs compared to a lot of other countries, relatively speaking, are very low.

larry: lowest in the world, we're like just i think we're like our average tariff senator we're like, somewhere between 2 and 3% depending on how you measure it that is by far the lowest in the world. i think that is the problem, though, world trading system is broken and world trade organization doesn't imminent -- snr -- the wto is broken, it was an interesting con cement, part is we have not nominated some members, but the wto, was broken, it took too long. you know, we would take years to get something resolved, then the global economy is not acceptable. larry: senator kennedy thank you, circappreciate your time very much. >> talk soon. >> thank you. larry: moving along joining us now newt gingrich former

speaker of the house, fox news contributor, newt welcome back my friend. you know i want to talk we visited it at beginning of the show, you and ambassador callista mr. president trump does not have to go to p celebrate reopening of no notre dame. i am saying -- i'm drawing a dotted line from the al symptomatic smith dinner during the campaign mr. president trump showed up for catholic charity and beautiful renovated notre dame cathedral, he has a message that religion, and spiritual culture must return to american life. that is what i think part of his message is.

and it may be a message for france expl and the rest of europe, i believe he is sending an important message 'importance of religion and spiritual culture in america, what do you think about that newt. >> callista wrote several afters about how kamala harris was clearly anti-catholic. she wrote a article on notre dame, it is brilliant he rewent he was the received as the leader, i put out a piece that trump invented defacto presidency, no one has done what he is now doing biden as abdicated, he just sits around whether for cognitive or other reasons basically out of it trump is now

filling in the gap, he is not legally the president but for all practical purposes you watch pictures from prime minister of italian and president of ukraine, the may macron treated him, macron gave him a come little bit presidential visit in terms of police, guards and et cetera, that tells you something, he has already moved in a few weeks, in long run we should rethink how long a gap there is between the election and t the inauguration, because the world changes so fast now, having it out for 10 or 11 weeks may be dangerous. larry: this this case it is good. what did ambassador callista think? him showing up at notre dame of a big deal, he seems to he is sending a message. not just about catholics by the way. i understand. it is really just about putting religion and back to

our culture, the woke people they hate that, one could a many of them not all hate god for heaven's sake, for trump is saying no. >> well, look, i think, i use term christian dom rather t i think that view that i don't top speak too much for callista, the view she had having been their there several times this say beautiful place, notenotre dame one of the great beautiful buildings in the world, because they didn't have a lot of regulations and a lot of government oversight, they rebuilt it in 5 years, they were on schedule. did a great job, and looks more beautiful now than it did before the fire. i think millions of people in the next two or three

years, millions will visit notre dame, and be deeply impressed by western civilization, that is what this is about. the hard left, is against western civilization, they are not just against catholics or christians or jews, they are against the whole co concept of western civilization, and i think about trump as a leader, he has sees an opening he has an opportunity, never done before to best of my knowledge, by any candidate bbetween election and inauguration, shows up and treated as basically the leader ofu u.s., makes comments about putin ought to go to a truce, very public, very direct. he indicates clearly we should stay out of the syria, i think you, seeing him begin to indicate directs, from your earlier

conversation, i can not tell you as someone who was there in 1981, how important it is that trump insist on a re reconciliation bill in first nie90 to 120 days to include all of the taxes. larry: you got it, i i have to jump out, i am happy you said, that you made me so happy, on a monday, that is -- almost as good add being in a cathedral, if millions of people in a cad reed rall -- cathedral, that is a real good thing. >> go to the cathedral and pay for the bill. >> thank you, newt, we'll take a quick break and figure out what we're doing about syria, i'm kudlow we'll be right back with the brian hook one of your best

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fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com. it's our son, he is always up in our business. it's the verizon 5g home internet i got us. oh... he used to be a competitive gamer but with the higher lag, he can't keep up with his squad. so now we're his “squad”. what are kevin's plans for the fall? he's going to college. out of state, yeah. -yeah in the fall. change of plans, i've decided to stay local. oh excellent! oh that's great!

why would i ever leave this? -aw! we will do anything to get him gaming again. you and kevin need to fix this internet situation. heard my name! i swear to god, kevin! -we told you to wait in the car. everyone in my old squad has xfinity. less lag, better gaming! i'm gonna need to charge you for three people. larry: joining us now, brian hook, thank you. i know syria is not our direct problem. but, i don't know what to do with it rebels so-called for

al qaeda and isis? what do you think about this, if that is the case. >> i think we should let it play out. president trump said it a couple days ago that is probably the right way to approach it, this is not our war we have another civil war in syria. no one will miss assad now he fled momoscow, too early to change whether the change is for good or bad. i think our american interests to just ensure that we don't see a repeat of isis or al qaeda reemerging and we don't want to see syria turned into his military base for launching of terrorism around middle east against u.s. troops and u.s. citizens or gulf partners of israel, we have spin rifts in region -- we have some interest in region it is too early to forecast what will happen. larry: we need to spend more time with you on, sorry

we're short today, i'll beat f right back with my lastnt word. . we are. we have a team of specialists not only in investing, but also in financial and estate planning and more. (other money manager) your clients rely on you for all that? (fisher investments) yes. and as a fiduciary, we always put their interests first. (other money manager) but you still sell commission- based products, right? (fisher investments) no. we have a simple management fee structured so we do better when our clients do better. (other money manager) huh, we're more different than i thought! (fisher investments) at fisher investments, we're clearly different.

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larry: that's it for kudlow, thanks for watching, folks. - couple of years ago, i was lucky enough to spend a few nights aboard a nuclear-powered aircraft carrier. and i got a front-row seat to the most remarkable display of teamwork, and technology, and skill that i've ever seen.