stuart: some positive upbeat music, why not? a performance from the president-elect on the stock exchange floor. it is 10:00 eastern. donald trump ringing "the opening bell". we heard usa usa chanted all over the building, he has been greeting the traders on the floor and getting a good reception.

here's how the market is reacting, not so much the trump ringing the bell but current conditions, we are up on the dow industrials 25 points higher, minor losses for the s&p and the nasdaq, the nasdaq hit 20,000 yesterday at an all-time high coming back a little today. the yield on the 10 year treasury is up 4.30%. the price of oil, $69.62, bitcoin is moving up 101,600. again for bitcoin. lauren: what is the cleanest trump trade in your opinion? stuart: that is for sure, that's the markets and now this. i know this is anecdotal but i've noticed people around me are feeling more positive since the election. there were plenty of down in the dumps democrats but i saw a

lot of smiles, relief, people have a spring in their step and in the five weeks since the election we watch the transformation of government which of voters approved. fox asked how do you feel about the election out, 54% said they are more hopeful. asked how the border will be under trump a majority said it is more secure. cnn showed 54% expect trump to do a good job when he returns, all of this is a real switch. we were told to be afraid of a second trump term. we seem to be enjoying things. some democrats are trying to lower the temperature. senator fetterman is the first to give cabinet nominees the time of day, the media is not quite so hateful and look at the parade of executives eager to cozy up to the president-elect.

mark zuckerberg gives $1 million for the inauguration. mary bara says we have a lot in common with trump's agenda, tim cook has had talks and elon musk has signed up to run the department of government efficiency. how close can you get? a new president and a new mood. even the elites must be happy with of the stock market, trump rang the bell, a trump rally has enriched the whole country. second hour of varney just getting started. lisa booth with me this morning. there seems to be a positive mood and it is because of trump. are you picking up this positive mood as well? >> america is back. and you're "my take" i can't tell you how many people i've gotten text messages from more people coming up to me at the airport or on a plane at a

hotel or at events being like thank god he won, i'm so relieved, a feeling of elation across the country and donald trump has said that success will unite the country. i would add that winning has united the country and him winning the popular vote, first republican to do so in two decades underscored the point and brought the country together, we remember the things he was being called, labels they were trying him of racist, sexist, these terrible things and you can't be these things if he's able to win counties like the first republican to do so in one hundred 28 years, 97% hispanic county or being able to win dearborn, michigan, largest muslim majority, can't do those things if the labels assigned to, people having the confidence to get behind him and i will say this, by the

time donald trump is done with his presidency america will be more united, stronger than we've been in so many years. i'm hopeful for the next four years and looking at the polling the rest of america would agree with that. >> lawmakers on capitol hill, now democrat senator john fetterman says he will meet with pete hegseth, the first, things falling into place? >> lisa:i give kudos to peak heads that for keeping his head hi, we've seen these malicious lies that were told even recently with west point happening to a bit they told the media and by that he wasn't accepted to west point. it said what they are trying to do, tarring and feathering and terrible allegations that have been waged against him. if they were true the police

would have charged a him. so many lies have been pointed in his direction and i will say republicans need to keep pressure on republican senators to nominate him because if it falls apart it will be on them. look at people like senator joni ernst has hedged, she's in a state the vast majority of people in the state voted for donald trump, she has no excuse to not do the will of the state of iowa and support people like pete hegseth and give donald trump a cabinet and the nominees he rightfully deserves. >> reporter: you are here on a special day with us, appreciate that. thanks for being here. back to the markets, the dow is down 50, nasdaq down 70. a little reading, ray wong is with us, trump says jeff bezos will travel tomorrow lago to meet with him next week, what's the significance of that? >> this is jeff bezos, owner of the washington post figuring

out what's going on around the country, biggest shareholder in amazon, one of the most important companies in the us not just from a commerce perspective or technology or cloud perspective, there's a lot going on. he's got blue origin competing with the on must. stuart: what does jeff basals want from trump? >> everyone is coming into talk to donald trump, what's happening in the business climate, in dc, what's happening now is everybody wants to understand where they can play a role in the administration, what his policies are going to be going forward, the inauguration might be a big event. stuart: that is quite a statement. i saw this too. elon musk just became the first person to reach a net worth of $400 billion, a wealth of that size is going to bring back lash, isn't it?

>> a lot of it you can see was earned, this wasn't someone who got lucky or didn't do the hard work, getting space x, you see the valuations for space x as they've been opening up secondary rounds to allow employees to make some gains at space x and the artificial intelligence company x a are combined takes to $450 billion and pretty likely that he might be the first person who could get to $1 trillion if it keeps going. stuart: stuart: today is december 12th. in 1980, december 12, '44 years ago today, ipo, apple went public. the ipo price was $22 a share. please do the math for me. what is it worth today? >> $66,000 because shares were

13,803 after four stock splits. a good investment with the first share. it is pretty impressive. stuart: very impressive indeed. what when a company. thanks for being with us. always appreciate it. thank you very much. looking at the movers, starting with what a name for company, riot. stuart: starboard volume is taking her steak and pushing to convert riots mining facilities to space for big data centers. i see that as crypto and ai working together. neil: uber, i have a thin piece of it, it has been going down recently. lauren: it is up 2%. the cfo out with positive comments, he said their algorithms are sophisticated and will deepen their partnership with google's

position in autonomous vehicles. stuart: did pepsi get an upgrade? lauren: so did all 3 from deutsche bank, nonalcoholic beverages are coming back in 2025. stuart: elon musk voiced his support for weight loss drugs, what did he say? lauren: make them cheaper. nothing would do more to improve the health, lifespan and quality of life for americans than making them super low cost to the public. rfk junior is the nominated head of health and human services. you wants americans to eat healthy again and recently told greg gutfeld if you give access to everybody the cost will be $3 trillion a year to the federal government, cheaper to eat three square meals a day.

musk and rfk junior at odds on this one. i don't know who the president will support. stuart: the pentagon says don't worry, the mysterious drones in new jersey are not coming from iran. >> there is no iranian ship off the coast of the united states, no so-called mothership launching drones towards the united states. stuart: who exactly is flying these things? we are trying to find out, we are over it, the wall street journal reports hamas gave in to some of his relapse demands for a cease-fire deal raising hopes, more hostages could be released. more on that coming at you next. to go further, you need to be ready for what's down the road. as energy demand continues to rise, we're harnessing breakthrough innovations to increase production in the u.s. gulf of mexico. our latest deepwater development, anchor, produces

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stuart: 45 minutes into the trading session, dow is up 60, nasdaq down 120, family searching for their loved ones held in notorious prisons, trey yingst made it to damascus, syria. what's the latest? >> reporter: a mix of different feelings in damascus. we saw people celebrating in central square about the follow the bashar al-assad regime but a few miles away, people are still looking for information about their loved ones. >> translator: my son is innocent, he was just studying in college, this mother cries, the wailing voice pieces the air where hundreds of families search for their loved ones. god willing, bashar assad will have the same heartache he has caused us, she adds.

him and every single jailer who tortured innocents. hell on earth would not do it justice. the english language lacks the words to describe these unimaginable conditions, crumbling concrete walls hidden behind large steel doors would each space tells a gruesome story of its own. >> this prison is a concrete labyrinth which people are looking all over, trying to find any secret passages or doors where they might be able to find their loved ones, but you see and hear rooms full of clothes, shoes, other items that belong to these prisoners, they were stripped of everything on the outskirts of damascus. >> reporter: authorities say no additional rooms or cells are underneath this prison, desperate families cling to hope. my heart was burning, i didn't

know where they went to, she says of her two sons. i can't believe they disappeared. these stories are not unique. there are thousands of syrians searching for information about their missing family members. stuart: thanks very much, the wall street journal reports hamas has conceded to israeli troops in gaza raising hopes for a hostage deal. a former assistant defense secretary under donald trump first time around joins me now. what more can you tell us about what looks like a promising potential deal? >> it's very promising. peace is breaking out, the biden administration was trying to make progress on a cease-fire in the gaza situation, purposely and we are seeing progress.

donald trump's leadership, the threat he issued that he was not going to take anymore hostagekeeping but also with the israelis in turning around, taking hezbollah off of the game board if you will and iran itself and the collapse of the government in syria. this is very promising. it gives us an opportunity for hope that we might ca more peaceful situation though it will never be totally placid but a more peaceful situation since donald trump has been elected. stuart: donald trump was asked about inviting xi jinping to his inauguration. listen to this. >> reporter: who have you the opportunity to invite here inauguration? >> everybody i have invited. >> reporter: president xi as well? what is your message?

stuart: we understand xi jinping has been invited to the inauguration. why would trump invite xi? >> it shows a lot of confidence and as winston churchill said it's better than world war. no reason not to open up from a position of strength which donald trump is willing to do and has run on. he invited xi jinping tomorrow lago in his first term and focused on china in a tough and realistic way but bringing xi jinping, opening up an ability to have a discussion in a period in which as donald trump says we might be on the verge of world war iii, that's common sense.

the worst policy is what we've been doing now where we have president biden taking pot shots at president xi in fundraisers and meantime we can our military position because he is supporting so much and ukraine against the houthis and so forth, donald trump offers the opposite approach which led to peace in his first term ended his second term a situation that's far more dangerous to president biden than what existed in 2020 one when donald trump handed over to president biden. stuart: i will change the subject to those drones. it might not be worthy of your attention but what everyone is talking about, the pentagon denied reports that iran might be launching these drones from a mothership off the east coast. listen to what congressman mike lawler said this morning. >> there are concerns, we should take any threat

seriously with the advancements in technology. this has become more prevalent. does not always mean there is a net farias purpose but we should get to the bottom of it and find out what happened. stuart: somebody somewhere knows what those drones are doing and that person is not saying anything. do you think the government is covering something up? >> i hope not. i am not so high and mighty so you can ask me about anything and i say if they are drones flying over our homeland that has got to be a priority for anyone who cares about our security so this is a serious issue. we need to put defense and security of the homeland that back in the top of the agenda. i don't know what is going on. the answers from the administration have been very unsatisfactory. the fact that we don't have a

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asking smart questions about opportunities like advances in healthcare. and how these innovations will create a healthier world tomorrow. better questions. better outcomes. stuart: on the markets, not much price changer. to copy and the inflation rate, tick down for stock prices. it is sharply down. lauren: they are trying to compete with nvidia but they gave a weaker annual outlook leading to concerns that returns from ai investments might take longer than expected. stuart: warner bros. . lauren: investors showing

confidence in corporate restructuring, traditional media, sports, news, streaming, this is part of a larger strategy for efficiency. stuart: match. lauren: several brokerages taking down price target on the stock today. they did not like what they heard, stocks down 3.5%. stuart: earlier this morning trump rang "the opening bell" at the new york stock exchange. edward lawrence will join us at the white house. i have been saying we have a trump rally on our hands but the trump bump goes beyond wall street. >> reporter: business executives excited about the push to eliminate onerous regulations and the goal to grow the economy together, donald trump coming into january with a specific set of goals including extending the

trump tax cuts, cutting taxes on tips, he wants to lower the corporate tax rate to 15% but only for companies making product in the us, they have already started to move production ahead of that. >> it is a big positive and there is a lot of issues since she has taken over. it is not it is not as friendly and environment, terrific supply-chain disruptions. >> reporter: businesses with a chilly relationship warming up. meta-apps spoke sense and confirming that i donated one million dollars to the inauguration for donald trump and this comes a few weeks after mark zuckerberg had dinner and a meeting at mar-a-lago with the president-elect. he and others sensed his laser focus. >> when we left we didn't have

these problems, russia with ukraine, israel, october 7th, the afghanistan disaster, inflation, no inflation, we had a very strong economy and we are going to do that again and even up, experience we didn't have, we know everybody. >> reporter: he believes he can get his full agenda done in the next year and 1/2. stuart: donald trump was just name time's person of the year, second time he has done that, he won in 2016 after his first election win. is trump getting a slightly better media reception than first time around? >> he is the man of the year. he achieved the greatest political comeback in the history of our country. he is the first president since grover cleveland in 1892 to

lose the white house and when it back four years later and unlike grover cleveland, he didn't have to overcome a molar investigation, two impeachments and 90 one charges at the federal, state and local level. they threw everything they had at this man and they failed. they have to acknowledge the victory and what it means and the difference between now and 2016 is back than they considered him a fluke. he didn't win the popular vote, they went into resistance mode to stop him. they can't go into resistance mode because he won and electoral and popular vote landslide and has a mandate to govern and everything they tried to do they have been defeated at so what are they going to throw at him next? nothing left in their arsenal. stuart: he is the man of the year, that is true. >> called it man of the year. i am sure you saw this. president biden granted the

largest act of clemency and modern history, commuted the sentence of roughly 1500 people released from prison and placed on house arrest and pardoned 39 more people, all of whom have been convicted of nonviolent crime. if he is such a pardoning mood will he start to pardoned members of his own family? >> he already has with one of them. wouldn't be surprised if he continues more. now there is this news that bill clinton wants him to pardon hillary which is an absurd idea. donald trump was going to parton hillary he would have done it, he was going to after hillary he would have done it in 2016. he didn't do it. he said it would be bad for the country so he chose not to do it. i think he is right now, 6 in 10 americans approve of this transition. he is riding a wave of popularity. his success is going to be being more successful than they were and the other thing is if

you start pardoning people for crimes they haven't committed or haven't been accused of that opens the door for trump. he could pardon his entire administration and say everybody do your jobs. these are stupid ideas, who fail that the political gain. stuart: one of the things, things are looking up, a new and more positive mood in the country. >> positive mood in the country, look what is happening in the world. tectonic plates are shifting. look what happened to the iranian regime with the syrian regime falling, iran lost its terror empire and things are happening all over the world, the economy is moving as if trump has been inaugurated. everyone has forgotten biden even exists, he's probably

asleep at a table in angola while donald trump is straddling the world going to meeting with world leaders, organizing his cabinet, like the trump rally has begun. stuart: wait until the meeting of world leaders at the inauguration. see you soon. appreciate it. the department of government efficiency offering mail pay for an 80 hour work week. good morning, ashley. are they having trouble? ashley: not at all. get in line. according to the posting on x the criteria for working on the team is straightforward and reads like this. we need superhigh iq small government revolutionaries willing to work 80 hours a week on unglamorous cost cutting, no pay. believe it or not, volunteers young and old are lining up to join the mission. for instance 26-year-old james

tag told the wall street journal, quote, i am fervently prepared to invest countless days, sleepless nights to realize this vision. i believe america can achieve its full potential with doge leading the charge. rubbing shoulders with people inside their orbit, absolutely priceless. another retired insurance executive said, quote, my conservatism, my support of trump, those things i could not have done outwardly. if there is an opportunity on a short-term basis or long-term basis, why not? sarah armstrong, company vp, said this is such a unique way to serve the country and more importantly the people. elon musk says he could cut $2 trillion in government waste but didn't specify whether he meant and you will he or over time but either way as you can see people are fired up to join

team doge. stuart: next case, ohio lawmakers looking to ban flag planting at buckeye stadium after the michigan brawl. not everyone is in favor. >> they are emasculated, humiliated and don't want this legislation. >> we will lock arms and say we will solve this on the field, not in the state house. stuart: dave portnoy is fired up and on the show later today. the united kingdom banning puberty blockers for minors. are they ahead of the curve? we asked doctor mark siegel. ♪

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stuart: one hour in 10 minutes worth of business, a little reading, thousand 30, nasdaq down 38. conagra brands, the frozen food people, working to bring ozempic users over. diary guidelines for americans says there's not enough evidence lauren: it is for obvious reasons, you are talking ultra processed foods, things with preservatives, artificial colors and sweeteners. up for debate whether those are loan because issues but what is not up for debate is they are most often in foods that

contribute to obesity, heart disease, high blood pressure, diabetes, many see this as hunting the vault, the 2025-30 guidance is meant to influence health messaging for food assistance and school lunches but actual shaping of policies will be up to the incoming administration. rfk junior has made cleaning up the american diet his mission maintaining chronic disease could be cured by better food. he says people should be choosing organic food rather than something like ozempic which will cost $15 a month for the rest of their lives, they can be buying better food there but that is in contrast with transition team member elon musk who wrote this, nothing would improve the quality of life for americans more than

making super low cost to the public, nothing else is even close. today, rfk junior did say that there is a place for weight loss drugs like ozempic, lifestyle and eating welcome first. stuart: now this. a new study found a case as of late stage breast cancer rose significantly for women under 40. doctor mark siegel joins us today. alarming. what's causing this? >> we don't know what is causing it but it is a trend of an increase of 3% and also priced between 40 and 70, the only group not seeing an increase is those over 70 and i know why. we are talking late stage, more aggressive breast cancer. i will tell you what i think it is. i think it is lifestyle, the same obesity epidemic we were just talking about, people

aren't exercising or eating properly and i think ultra processed foods, which has definitely been connected directly to weight gain, you are eating more, you gain more weight, increased risk and cancer. that is related. we know breast cancer is related to increased fat in the diet. i put my finger on ultra processed foods as well. stuart: the british are banning puberty blockers for children under 18 with gender dysphoria accept for some clinical trials. that's a dramatic move. should we do the same thing here? >> in a word yes. i've always told you, you come from a more civilized part of the pond. you have come over here to the wild west. let me tell you what i like about that move. they have been studying it. they came out and said let's

put this on hold and look at and now they are saying let's ban it and we should do the same. we don't know the long-term effects of puberty blockers in terms of risk of bone loss, mood and psychological development. when kids are under a lot of parental pressure that might be politically motivated, talk to children and teens and guide them. if they have gender dysphoria let's guide them in terms of what they want to do later when there's less of a medical risk. hooray for the uk. stuart: thanks for being with us, see you again soon. a bipartisan group of lawmakers introduced a bill that would force health insurance, what is this about? ashley: saving money. lawmakers are blaming middlemen in the health insurance industry for hiking up drug

costs and driving small pharmacies out of business. powerful players in the prescription drug business, they influence which medicines insurance plans will pay for. the three biggest, cygnus express and united health groups or x, a senate bill sponsored by elizabeth warren or josh ali would force the companies that own health insurers are pharmacy benefit managers to divest their pharmacy businesses within three years. a companion bill has been introduced in the house. if passed, it would be the most far reaching intervention yet but also cut off a major source of revenue for the company's. congress is wrapping up, backers are laying the groundwork for next year. stuart: first time i can remember senators warren and

pauly getting together on anything. still ahead, trump rang the bell at the stock exchange, that is appropriate. the stock market has been rallying. investors don't care whether he's democrat or republican but they do like trump, that's "my take" top of the hour. daniel penny reacts to the change in public opinion after his indictment. >> you go from a hero to a villain. >> whatever outcome the trial had. i only cared what the witnesses said about the situation. blue when our next guest is run against alvin bragg who prosecuted penny and says penny should never have been charged. former democrat turned republican is in the studio walking towards the set, she will join me after this. ♪

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stuart: happening today, tom homan will meet with eric adams to discuss deporting migrants who commit crimes in the city. homan is on this show tomorrow morning. our next guest is a criminal

defense lawyer turned political activist challenging manhattan da alvin bragg, the district attorney candidate is in studio with me. why are you running against alvin bragg? >> there is nothing more important than public safety to get back to the place we know it needs to be and alvin bragg will never deliver the public safety we need. stuart: you going to be him in an election, can't just have him dismissed. >> of course. at this moment in time is when new yorkers are looking for the right ideas and the right policy. i don't think this is going to be a straight party vote because new yorkers that is not going to restore the city. stuart: you are a democrat, now you are running as a republican. can republican win any office in new york city? >> i brought forth the best ideas, defunding the police, against the problems in our

schools and the democratic party close their ears to the best ideas they need to fix new york, and when it comes to public safety. >> we need to restore meritocracy. and we need to focus on the literacy crisis in our schoolsr education to public safety, we need to have a solid education so children have a path of opportunity and don't wind up -- stuart: the key thing is meritocracy. gets you to move up, not egalitarian system where everybody is the same. >> we need equal opportunity, not equal outcomes. stuart: to me, daniel penny was a hero. what say you? >> hundreds of thousands of new

york city school children, we need the city and law enforcement to make sure our city, subways, streets are safe and kids and people vote can be on the subways but when that doesn't happen and a young man who honorably serve his country steps up to protect people, he deserves praise, not prosecution. stuart: they are trying to bankrupt, there's a civil suit to take money off of them. >> he has been well advised and needs to defend the case and explore all of his options, the way daniel penny has been treated by our and bragg is a shame. stuart: i get the sense that things are changing in new york city, there's a lot going on here these days and we got the congestion tax coming and what else is happening in the city, the congestion tax, governor hochul with a buying scheme, the healthcare ceo murder and

mayor eric adams possibly becoming republican. seems like the city is in a state of flux. >> it is and that presents good opportunities for the best policies to come forward and we can reject the bad policies particularly in public safety. we saw changes, the bail reform laws that made bad choices for new york city. it is a moment to fix the mistakes of the past. stuart: the election is next year. what is the early indication? >> from the support from people thus far i think people are keen to have a change and looking to get behind the campaign and ideas forward. stuart: bringing in any money? >> we've already started and we will have an official kickoff in january. stuart: what about a primary? >> so far no but you never know what will happen. stuart: you are running as a republican so there's no other republican running, no primary.

stuart: no one has challenged alvin bragg on the democratic side. i'm a fighter and in it and if people want to learn more they can have a look. stuart: thank you for joining us. still ahead, brian brenberg on the department of education spending, $1 billion on dei grants. new data shows migrants entering this country from all over the world. senator fetterman the first democrat to join truth social, he called for trump to be pardoned and dave portnoy fired up about a felony to pant a flag in the center of ohio stadium. the 11:00 hour is next. ♪ ♪

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