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 previously inaccessible oil and natural gas, allowing us to deliver the energy we all need today so everyone can follow their own road. that's energy in progress.

♪ busy lines on telephones, sending a merry christmas home ♪ ashley: little bit of country holiday music for you with as we look down on fox headquarters in midtown man a hat a tan. people -- manhattan. the christmas tree, always a lovely sight. it is thursday, questions 26th, which in some parts of the world is boxing day. i'm ashley webster in today for stuart varney as we look at the market. a lot of red, but all of the major ones only down a enth of a president -- tenth of a percent. we were up on monday and tuesday, so maybe the santa rally can stay in shape. let's take a look at big tech names. we like to do that, of course, because they carry so much weight. alphabet and apple moving higher, modestly so, but microsoft, nvidia and amazon

down. amazon down about tree-quarters of a percent. -- three-quarters of a percent. the 10-year treasury is a headwind, up to 4.62%. all right, now this, president-elect donald trump taking to truth social to share his christmas message. he said we had the greatest election in the history of our country, a bright light is now shineing over the usa. and in 26 days, we will make america great again, merry christmas. there's the message. tammy bruce joins me now. tammy, donald trump says he will make america great again, but it feels like, does it not, that he's already back in the white house? he's completely overshadowed joe biden, that's for sure. >> you know, what's interesting is we anticipate making america great again starting january 20th, the fact that he never left the scene was an encouragement, was the kind of thing that everybody needed to see. ashley: yeah. >> and that was when america was

made great again, was people having hope that there was a way to escape the nature of what the left was doing. so he did that by standing up for us, certainly winning, we were able to have his back. but i think of course we're already feeling it. we see it many in consumer confidence numbers, we see it just in kind of an uplifting with people and how we view the future, and that is -- and, of course, parking lot of it is his style -- part of it is his style. and a message like that, that is cheerily him. many people said, ash or, the difference between camilla kamala harris and -- kamala harris and president trump was she was just not genuine. you never really knew who she was. with trump you may not if agree with him all the time, but you know what you're getting, and you know he loves the country, and we know he's serious. ashley: oh, yes. he's the very picture of transparency, that is for sure. tammy, i wanted to get your thoughts on in this liberal pundit's release of tips for

surviving the holidays with trump-supporting family members. some ideas include canceling christmas christmas altogether, bah humbug, cut off pro-trump family members, use therapy techniques, take a break or even leave the gathering or simply ban the bad actors. woo -- boohoo. whatever happened to just celebrating the holiday and leaving politics at the tour? >> all of these things are themes from covid. these are themes that they want to continue that we saw with the dividing of people, isolating you. the left relies on you having no one else to look to whether it's faith and god, whether it's your parents, whether it's your siblings, your neighborhood, your friends, they want you isolated and feeling like a victim. so there is even, like, a new york times story and other stories about how christmas was passe and to self-care, stay away from family and, you know, don't gather with people. those days are over. it was a boon for the left

because you didn't hear, you know, what your family was thinking. you felt alone are, you didn't realize other people -- what you had in agreement with other people. but all of those suggestions, ash, require you to be a victim and to isolate yourself. [laughter] and, obviously, the answer to life in the future is to do the opposite. the left is not our friend. and even democrats who voted for trump were, like, you know, enough of this ugliness. we're done with it. ashley: yes. >> so i'm optimistic that people will laugh at these suggests but use it as a reminder about who the left is, and they're not your friend. ashley: very quickly, tammy, have you lost friends or don't speak to to family members because of your support of donald trump? >> yes. you know, very early on in that first run, right? 2016, someone who i admire greatly, still co, very close to, started yelling at me over

trump. and that was -- i thought it would be something that would, she'd get over. he never did. she never if did. and it's a shame. not as many people perhaps as others, but it's really -- politics, you know, as an independent, are republican if you will, you know, we don't have problems talking with people who disagree with us. it's a good way to live. ashley: it is a good way. and very quickly, look, they talk about democracy, that donald trump was a threat to democracy, but in their world, there is no democracy, no free speech. >> that's right. ashley: unless, of course, you agree with them. >> you know, these are fear phrases to get you to stop looking at where you should be looking. ashley: yes. >> to have you not ask questions because you go into fight or flight mode. and so questioning -- [laughter] what you're being told is eliminated. that's why you hear these existential warnings. and we've learned, look, every day you wake with up there's a danger. but the fact of the matter is

this is the greatest country on earth. president trump has an extraordinary team, and i'm looking forward to what it is they're going to do for the future, and we should all be excited and grateful during or this hanukkah and christmas time. ashley: yes. i can feel it in the air, people are very on themyic. tammy -- optimistic. tammy bruce, terrific stuff, as always. >> thank you, sir. thank you very much. ashley: okay. oh, our pleasure. let's get back to the markets, bring if in thomas hayes who joins me now. the market slightly lower but trying to get back into positive territory. thomas, you like health care and materials. let's begin with xbi. it's a biotech etf. why do you like it? >> well, ash, i think the theme for 2025 is going to be the last shall be paris. and materials -- shall be first. materials has only performed 1.8% up year to date. and the expected earnings growth

for materials for 2025 is 17.4%: that exceeds the s&p 14%. so i think there's going if to be a reversal here and an opportunity. and we saw a very similar thing in 2016 right after donald trump was elected, materials sold off. right after he was inaugurated, materials rallied for 2017. and the way we want to express that, ash, is with a company called alba half -- albemarle. one of the leading lithium providers is down 72% from its covid highs, and it sold off on the basis of a lithium, short-term lithium glut which is very singly call and the -- cyclical and the perception that ev demand is going down. it's softened in north america and europe, but china is driving the bus on ev demand because it's an unnatural, government-subsidized market, and the stock the of evs is expected to grow from 41 million

now to 13 if 2 million by -- 132 million by 2027. so they'll cut costs, they'll ride out the short-term glut, and as one of the biggest players, they'll be just fine. ashley: and, thomas, very quickly, it appears you're pretty bullish on the new year? >> i am bullish on the new year. the second group we like is health care which is only up 3.7% year to date. they're going to grow earnings 20%, and the way we're expressing that is through biotech xbi. this is all about deals and drugs, a deregulatory environment with the new administration: the fda will approve more drugs, the ftc will approve more deals, and pharma needs that innovation with record cash on the balance sheet. they're going to have to buy that innovation from if biotech at near historic low valuations. so there's going to be great opportunities in biotech and health care. ashley: i feel, i feel the bullishness in the air, thomas. [laughter]

thank you so much for joining us. really good information. thomas hayes on some of the areas you may want to consider in the new year. let's take a look at gamestop. could be the return of the meme stocks. say it ain't so. the infamous roaring kitty, aka keith gill, put out a simple tweet yesterday of a picture of a present. no comment on it, but it seems like his followers may have taken it as a sign to look at gamestop's stock. s the up again today to, already up 4.33, up to 32.49. are we back in that? let's also see microsoft. reportedly, there's some growing friction between the tech giant and openai. they have reportedly been discussing changes to openai's structure since october. talks now are apparently focused on if microsoft will continue the take 20% of openai's revenue if. microsoft, as you can see, just down a third of a percent. all right. coming up, donald trump made

drill, baby, drill a tent pole on his campaign, but we had record oil production this year, so what does that exactly mean for trump's plans? we're going to dig into that. there's a new hurdle for people looking to buy homes. insurance rates and taxes often cost as much or even more than the mortgage. how are people meant to afford a home? we're going to to ask real estate expert mitch roschelle. and vladimir putin rejected trump's calls for a ceasefire in ukraine calling a truce a path to nowhere. but they are open to peace talks, so where do we go from here? former ambassador to nato kurt volker will be here to talk about that and more next. ♪ ♪

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ashley: israel and hamas appeared to be inching towards a ceasefire hostage deal, but now the two are blaming each other for its delay. former u.s. ambassador to nato kurt volker joins me now. great to have you here, mr. ambassador. look, we keep hearing that a deal is imminent, but are we really any closer? it seems to me that the hostages are the only bargaining chip that ma -- hamas has left are, right? >> well, that's exactly right. you're right that there has been some progress, but ultimately, they have diametrically opposed goals. israel wants to get the hostages out and wants to maintain control over security in gaza. hamas if doesn't want that. they want to retain themselves as an organized mill that shah, and they're keeping the hostaged they're keeping the hostages in order to have leverage over israel. iran behind the scenes is reading the tea leaves with donald trump coming to office in

a month and putting pressure on hamas if as well as hezbollah to settle hinges down. but hay don't control hamas completely, and hamas has its own agenda. ashley: can donald trump, when he takes office, get a deal done? is his presence something that could finally get a ceasefire ins place? -- in place? >> i think one of the dimensions that donald trump will add is maximum pressure on iran. and iran will then be pushed into a position where it is pushing much harder on hamas to bring things to a close, to release the hostages. hasn't happened yet. i think they're still trying to get the most out of in that they can, but i think there is a chance with that kind of additional pressure on iran, it'll have to change hamas' calculations. ashley: very good. i want to move on to the other big conflict. moscow rejecting trump's call for a truce with ukraine, but they have signaled an openness to negotiations. what's it going to take, do you think, for russia and ukraine to

strike a deal? >> it's going to the take putin realizing that he has nothing left to gain, and if he continues fight, he will only hurt russia. russia's economy is already in very tough shape right now. the military is not in good shape either.e to portray himses having unlimited reserves, but the fact is he doesn't, so he's trying to get the best that he can. but trump has been very clear he wants to end the war, and for that to happen, putin has to top fighting. zelenskyy is ready for that. zelenskyy has said he's ready the negotiate, but putin has said he's not ready to stop war. ashley: would ukraine be willing to cede some territory to russia as part of that deal? >> i think as far as ukraine could go is to have a dispute with russia that they are not trying to resolve militarily.

russia occupies about 20% of ukraine right now. no one is going to recognize russia's occupation and say it is legitimately part of russia, it's not. but i think zelenskyy -- in fact, he has said this publicly -- he would agree that they would pursue the return of their territory by diplomatic or political means, not militarily, if there was an end to the war. and if there were -- ashley: t interesting finish. >> [inaudible] ashley: right, right. and, of course, russia launched strikes to ukraine on christmas day, yesterday with, targeting the energy infrastructure inside ukraine. zelenskyy called the attacks inhumane. but is the door just slightly ajar with regard to russia willing to come to the negotiating table? >> i think so. i think when you take a step back from these kind of horrific attacks and putin, you know, trying to show strength, the reality is he can't afford to

keep going for much longer. maybe a year but not much more. and you don't want to get to the breaking point. he's already got over 20%, 25% inflation in the economy. of interest rates are 21%. there's a labor shortage. output is declining. he can't staff up his military at the rate that he's burning through soldiers. he relies on north korea, of all places, for soldiers and artillery shells. so he is not in a good position p and he knows it. he is just trying to position himself for a settlement next year, and i think that if president trump is smart and it seems like this is exactly what he's doing, he's going to just keep push putin to stop the war. ashley: yeah. well, of course, we'll continue to follow it. ambassador kurt volker, thank you so much, as always, for sharing your expertise. always appreciate it. thank you. >> in it's a pleasure. thank you. ashley: now this -- the oh, it's our pleasure. russia says it's using bitcoin to the evade sanctions.

tell me more about this, madison. >> reporter: absolutely, ashley. last month russia created a legal framework that allowed crypto to be used for international trade. st big for russia because it's a way to get around the difficulties they've been experiencing financially. it's because they have sanctions from all of the wen world. crypto -- western world. crypto is difficult to trace, and it isn't restricted in the same way that the u.s. dollar is with these sanctions. a big thing with decentralized currencies, it's an alternative pathway for financial transactions. it's much more under the radar. because of these sanctions, russia has been struggling to receive payments even from countries that are friendly to them like china which doesn't even use the u.s. dollar as their reserve currency. the hope here is a new path for them the give and get money. but just because russia companies are can now use cryptocurrency doesn't mean that other countries will accept it because, one, i think might have laws that will prevent this and also because there is pressure from western financial regulations to not do business

with russia. regardless, all this could be a challenge for incoming president trump because he is a big crypto backer or. but this is part of the dark side of crypto that people that are wary of cryptos point to. ashley: yeah, exactly. all right, madison, thank you. let's get a check of the chipmakers quickly. the industry still weighing the ramifications of a u.s. probe into china's semiconductor industry. you can see most of the stocks, it's a mixture. nvidia and amd are lore, qualcomm higher -- lower, and intel also higher. a bit of a mixed picture for those, the chipmakers. let's get a look also at the vix, the so-called fear gauge. it's been up in the final trading days of the year, adding to the volatility. plus the volume is light which also can add to the volatility. the vix up 4, merely 5% -- nearly 5%. coming up, incoming border czar tom homan is putting a pice tag on trump's mass deportation

plans. >> it's going on the expensive mt. beginning, but in the long run it's going to save billions of dollars of taxpayers' money, $86 billion is a start. we need at least that to do this operation. finish. ashley: well, we're going to dig into what $86 billion could let donald trump accomplish. a new survey, meantime, shows small businesses are feeling more optimistic heading into 2025. it could be the trump effect, but consumer confidence has also been dipping, so how do we fix that? if i'm going to the ask john catsimatidis, and he's here next. ♪ if. ♪ christmas time is here, by golly. ♪ disapproval would be followly. ♪ deck the halls with hunks of holly. ♪ fill a cup and don't say when ♪ to go further, you need to be ready for what's down the road. as energy demand continues to rise,

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ashley: let's get another check of these markets, trying to to get back into the positive, almost there. the dow just down will less than a tenth of a percent, s&p and nasdaq also down a tenth or two. of we'll keep following. that's also we need to take a look at a u.s. steel. japan's nippon just extended that closing date for their $15 billion acquisition of the steel maker. joe biden still considering blocking that sale. he of will have to make his decision in the next 15 days.

president-elect trump has also called for a block of the sale. u.s. steel down 1.33%. also take a look at boeing, elon musk posted on x yesterday saying9 that the company is doing much better under their new ceo, kelly at berg. he slammed the former ceo, dave calhoun. musk said calhoun had no idea how planes or rockets work. boeing up 1.25 percent. all right, one promise that we heard repeatedly if from president-elect trump on the campaign trail is that when he's back in the white house, we will drill, baby, drill. grady trimble at the white house this morning. grady, 2024 was already a record year for oil production, so what does trump mean when he says drill, baby, drill? >> reporter: well, he means more of the same and then some, ashley. the international energy agency is expecting an oil surplus in 2025. there's a global oil glut right

now as well, and that could mean lower prices for everyday americans as the president-elect promises more production and fewer regulations in his term. >> we're going to have so much oil and gas and other things, you won't know what to do with it. you'll say, please, president trump, stop. we have too. the prices are going too low, sir. i will direct every cabinet if secretary to cut 10 old regulations for every new regulation. which i did last time. [cheers and applause] >> reporter: and the united states' record for crude oil production this year is despite if president biden's green agenda. president-elect trump says he wants to expand it even more in his term. energy executives hope he'll do that by easing drilling regulations, enacting more tax incentives, permitting interstate pipeline projects and reshaping programs for drilling on federal lands and offshore areas. trump is also expected the lift

the pause on some exports of liquified natural gas that the biden administration put in place. the head of one of the largest natural gas exporters in the u.s. tells the "wall street journal" even with the ricks the biden administration -- restrictions the biden administration placed on the industry, global emissions are skyrocketing largely because of other countries' production and use of fossil fuels. he says people are reassessing how we got here, and the conclusion they're going to get to is we need to build more of everything. and that seems to be the plans of the president-elect as well as the secretaries offer into wore and energy -- of interior and energy that the he has nominated, of course, need to be confirmed by the senate. we'll see what happens. ash? ashley: we will, indeed. gradely trimble at -- grade grady trimble at the white house, thank you very much. john catsimatidis joins us this morning. john, let's begin there, what because trump's energy policies mean if for us going forward?

>> it means global growth. it means that the united states will be a leader in oil trunks. -- production. i believe right now we're producing over 13 million barrels a day. the other couple of days ago i interviewed the province, province person of alberta, smith, and she says right now they're producing 5.3 million barrels a day, and they can eventually double that. and with alaska, don't forget, alaska, if we can go tremendously -- we have at 900,000 barrel a day type poopline that we're not if -- pipeline that we're not using. we're using very little of it. the united states of america under president biden was a prisoner. we're going to become

self-sufficient with canada, we're going to be the number one producer mt. world. in the world. and i look -- optimism. i'll give you another one that nobody talks about. when we open up the suez canal that president biden has kept closed. the suez a canal, the chinese are partners are iran. the chinese ships go by, no damage. everybody else is a prisoner. when president trump opens up on january 20th after 2:00, opens up suez canal in the red sea, that should cause oil to go down another $10 a barrel. so i think the number is probably $55 a barrel. you'll have $2 a gallon gasoline again. inflation will go down. and guess what? the fed, the fed has to lower interest rates because it's going to destroy the regional

banks, it's going to destroy the real estate industry. i mean, it's very simple to say. the real estate industry is many turmoil. we've got to fix it. and the only way to fix it is to lower the interest rates. and it's -- we're not going to have inflation. we're going to have deflation because the price of gasoline is going to go down, the price of diesel fuel's going to to go down causing the price of food to go down. and hen the price of good goes down, the pice of gasoline goes down -- the price of gasoline goes down, inflation goes away, we have deflation. so we better lower interest rates. i don't believe mr. powell knows what he's doing. that's my personal opinion. but if i put my money on president trump versus powell. ashley: very good. john, very quickly, do we have time? we may be out of time. i wanted the ask you about the psyche of the consumer. you're, you know, very in tune with that. i've got 30 seconds, john.

with a new administration coming in, is there the an air of optimism? >> the air of optimism is president trump is bringing back our country. they're going to have -- the europeans, the asians have confidence in president trump keeping the free world free. and that is very -- after, you know, that's what's gonna happen. he's the only one capable of doing it. ashley: yeah. >> the next step is how do we bring the six or seven cities that are prisoners of -- chicago, san francisco, how do we fix those six inner city cities? because enough is enough. there cannot -- you can't have what's going if on in those cities. we've got to bring those cities back -- ashley: right. >> -- to complete the cycle. ashley: john catsimatidis, always lots to say and we love it. thank you so much, sir, for joining us. >> thank you and happy new year because it's going to be a great

2025. ashley: yes, it is. same to you, john, thank you very much. by the way with, authorities who are investigating the cause of asker buy january plane crash in kazahkstan yesterday killing at least 38 peoples, now there are signs that a russian anti-aircraft system may have brought that plane down. the flight was enroute to the capital of as asker buy zahn in concern azerbaijan. we'll tell you more as more details become available. >> coming up, california governor gavin newsom is reportedly working on ways to help illegal migrants dodge trump's deportation plans. border sheriff thaddeus cleveland will be here to take that on. >> but first, more empty nesters are starting to sell their homes. here's the cash, they're not in places young people want to move. does this help the husbanding crisis at all -- the housing crisis at all? we're going to take that on next. ♪ we could be heroes just for one day ♪

ashley: rising costs are apparently causing a shift in the kinds of cars people are looking to buy right now. max gorden joins us. max, what kind of cars are we, quote-unquote, steering towards now? [laughter] >> reporter: good pun there, ashley. well, all i'm saying is it's looking like small cars are going to be big in 2025. and some manufacturers like honda are looking to cash in. right now we're here in thousand oaks, california, checking out only -- some of the smaller car offerings. this one is familiar, this is the honda civic. the one going for about $27 the ,000. it is -- 27,000. it is a come compact if car. and then right over here we've got the hrv. this is a newer offering from honda. this one is sitting at about

$31,000. you know, according to edmunds, sales of compact cars and suvs as well as come, pact suvs have been starring in 2024. and compact truck sales shot up by more than 30% in 2024 compared to a year ago. car experts say 2025 is likely going to be another hot year for these small cars, and cars are really expensive with the average price setting at more than 47,000. still, edmunds says consumers shelled out slightly less for new cars in 2024 compared to last year. the average transaction price for a new vehicle down .8%. meanwhile, the market for some larger trucks and some suvs has softened. large pickup sales went down 1.9% in 2024 and mid-sized suv sales fell 2.3%. >> inflation, high interest rates are all things that contributed to consumers looking to buy vehicles hard a little bit more affordable. so as we look at 2025, we're

going to see that trend continue until we see the market start to course correct and change. >> and while some small cars, trucks and suvs have caught the eye of price-conscious consumers, some could soon get slapped with tariffs. president-elect trump is proposing a 25% tariff on goods manufactured in mexico and canada. some of the market's cheapest cars are produced in neighboring countries, and tariffs could mean breyers would pay -- buyers would pay around $3,000 more for these vehicles. >> higher the tariff, the more likely it is that the company will come into the united states and build a factory in the united states so it doesn't have to pay the tariff. >> reporter: and you don't have to look farther than the window sticker. look right there. this hrv manufacturing in -- manufactured in mexico. the the civic over there manufactured in canada. two vehicles, two examples of vehicles that might be impacted by these potential tariffs.

ashley? ashley: very interesting. great report, max. thank you very much. >> reporter: thanks, ashley. ashley:cars to homes, apparently more than 20 million homes could be available as older americans downsize. but according to zillow, those homes are not exactly where young people want to move. we're talking about pittsburgh, buffalo, cleveland, detroit, st. louis. apologies to those cities, but young people just don't want to go there. mitch roschelle joins me now. mitch, this one solves the housing crisis -- this won't solve the housing crisis, will it? >> no, i don't think so. and does anybody want to move to buffalo when they can live in florida, ash? come on. [laughter] but the whole housing conundrum is one of supply and demand, and if the report is correct that there are 20 million -- and i question that number -- folks that want to sort of downsize and not own anymore, then the simple answer is that they would have to lent.

to rent. and the thing that everybody's sort of losing sight of is the fact that over the last decade the growth rate in rents has been greater than the growth rate in home prices. it's not like renting is going to so the affordability crisis that many seniors face. but the fact of the matter is home ownership, you know, the older you get, the more headache it becomes. so there's some virtue in rent aring. so what -- in renting. what i think we're going to see in the careers ahead is people opting to get out of homes that they own and potentially into actual homes that they rent which is why we're seeing the rent market blowing up the ways the in a good way. ashley: yeah. and it's happening everywhere. and also mitch, for homeowners, some of them, insurance and taxes now cost more than the mortgage. is this a big part of what's keeping people from buying the -- even if they can afford the down payment, the monthly costs are just too much?

>> yeah. insurance is something, you know, stuart and i and you have talked about for, you know, the last 18 months. ashley: yep. >> and taxes, you know, creep up there and don't get the headlines. the simple solution to that if the trump administration wants to help the housing market would be to bring back the deductibility of property taxes. you know, i don't think that's a red state, blue state issue in that 50 states have property taxes. that could be with one way the to sort of, you know, maintain an incentive for home ownership so people don't bail on owning homes because property tax are too high. ashley: we'll have to leave it there but, mitch, you continue to enjoy life in the sunshine state. i know you are. [laughter] i know it's not buffalo but, hey, you can handle it. [laughter] okay, let's move on. i have friends from buffalo, i feel bad to laugh. porch pirates have become a growing problem.

we see them all the time on those videos, and they're only getting worse during the holidays. madison, do we end up getting suck paying the price for it? >> reporter: yeah, ash, we are, even if we're not the ones that have our packages stolen because retailers are passing along the cost of the losses to all of us. there's a new thing we're seeing. in order to protect packages from theft or getting lost, thousands of retailers are offering protection services for ooh few extra bucks, but some of them are making that fee mandatory. not just offering, making it mandatory that it's included in what you pay for. the cash goes to the a third party security company that ensures the delivery of your items and pretty much takes on the risks so that if it's not delivered, they pay for the difference, not the company itself. so when you're checking out online, take a look at the charges, tax, delivery fee, maybe the extra security fee p. that way you can decide whether or not you want to opt in given the option, or you can always just go to the store. that's' a garon if teed way to

make sure you get the item that you want, ash. ashley: that's true. i can't believe how brazen these porch pirates are. it's absolutely more than annoying. madison, thank you very much. let's take a look at the dow 30 stocks. as we like to say at this point in the show every day, get a chens sense of the markets. more green than red. earlier it was all red and very few green. we've turned a thanked, and look at the dow. now up 54 points. up a tenth of a percent, but we have improved the sentiment. we were up on monday and tuesday, now the santa claus rally continues, we hope. we'll see how it goes for the rest of the day. incoming border czar tom homan laying out his plans to crack down on criminal migrants. we'll break down exactly how it would work next. ♪ ♪

♪ ashley: incoming border czar tom homan wants to help i.c.e. crack down on illegal migrants who have previously been arrested. brooke taylor joins us this morning. explain exactly how this policy works and what it lets the trump administration do. >> reporter: well, ashley, some local agencies are already participating in this.

basically, they partner up with i.c.e. under this 287g program, and surgeon officers -- certain officers are trained to ask anyone if behind bars questions about their immigration status, if they're here illegally, then it's flagged and they're able to contact i.c.e. now, the late example of what can happen, we'll show you right here, these suspects, a shootout in new orleans in a meat market. i.c.e. a says one of the suspects was already facing a gun charge in new york before he was let are out on bond. rockwell county sheriff terry garrett here in texas says he did not want this happening in his community. [no audio] >> it's the another way to frequent public because -- protect the public because taking a suspect or someone who has committed a crime and making sure that they do make it through the criminal justice system. >> reporter: the sheriff tells us after they flag i.c.e., well, it's up to i.c.e. to issue an immigration detainer or pick the

suspect up. supporters say if more departments did this, well, it could save lives. >> i believe that the crimes that are committed by people that are undocumented are 100% preventable crimes, and i think we should address them as such. >> reporter: and departments in more than to 20 other states already also participate in this 287g program. with the new trump administration, though, it is the expected that more will join in. ashley. ashley: very good. brooke, thank you very much for that. meantime, tom homan says the incoming trump administration will need $86 billion to start mass if deportations. >> congress needs to fund this deportation operation.. st going to be expensive, and everybody's focusing on how expifns it's going to be to. but they need to understand, yeah, it's going to be expensive in the beginning, but in the long run it's going to save billions of dollars of taxpayers' money. we are talking about the biggest national security absolutely innocenter this country has --

vulnerability this country has. $86 billion is a start. we need at least that to do this operation. ashley: yeah, it's not cheap, is it? terrell county, texas, sheriff thaddeus cleveland joins us now. great to have you, sheriff. can you give us an idea of how that money could be used? where do you go with it first? >> hey, good afternoon, ashley. it's great to be back on with you guys. paris and foremost, carrying out the operation itself. what i mean is whether it's using organic officers or i.c.e. agents or border patrol agents in some of those communities, but detailing some people into those other communities, that will create a cost. the detention and transportation of those that are apprehended will be another cost. and as brooke talked about, the 287g delegated authority, you know, hose that are flagged in either our local jails or in state institutions such as prisons, they will be reimbursed for holding those illegal immigrants for the federal government until they pick 'em.

and then lastly, we will have up, you know, deportation costs, transporting those people back to their native countries. ashley: california governor gavin newsom's team is reportedly considering ways to help illegal immigrants dodge these deportations. that makes my blood boil. what do do you say to that? >> well, first and foremos i see it as political ford. look, he's tryintout his maim out there in the bright lights to help represent the far-left democrat party. definitely not representing democrats who i work with and live around. as we all know, the far left has really gone extreme. with that being said, tom homan, president trump have made it clear that they're not goingo be going after every single illegal alien in this country. there's far too many. what they will be targeting are criminal aliens, those that have criminal records. we theme all the time along the border from here in the united states.

so it's been made clear that they're not going after everybody. so newsom can get off of that talking point, quit putting fear in people's mind and, bottom line, help protect his state. ashley: well, we're glad we have you doing just that, sheriff. thank you as always, and have yourself a great rest of the day. thank you for joining us. by the w, if you're wondering about the trivia question, it's coming up right after this. ♪ ..

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so everyone can follow their own road. that's energy in progress. ashley: time for the first take for trivia question. how many christmas cards are sent every year? 900 million? 1.1 billion? 1.3 billion? 1.5 billion? take your pick. >> reporter: let's go with one. one billion. ashley: i go big or go home, number 4, one. 5 billion. i don't know the answer. 1.3 billion. that is according to one who reaps in the benefits. fox business life starts now. edward lawrence, all yours. edward:the