(♪) how easy is it to play the lottery with jackpocket? step one grab your phone. step two download jackpocket and start ordering tickets for your favorite state lottery game. step three let the good times roll. jackpocket is so easy to use from home or on the go, and there have been over $500m in total prizes won. so now the easiest way to enjoy the lottery is right in your pocket. jackpocket. download america's number one lottery app today. david: well thank you, everybody for watching this special edition of kudlow, and by the way, you can catch me co-hosting the bottom line just in one hour, right here on fox business, but first, edward lawrence is in for liz m, he will take you through the next hour, good to see you. we'll see you in an hour. appreciate it. so i'm edward lawrence in for elizabeth macdonald. welcome to the special edition

of the "evening edit." so doge calling to cut back on washington's financial regulators as they look to consolidate the federal government. grady trimble live at the white house digging deeper into the new target. grady? reporter: yeah, so elon musk and vivek ramaswamy, edward, have floated this idea before of consolidating or maybe even outright eliminating some financial regulators and now they're doubling down on that, in a post on x, the day after christmas, vivek ramaswamy is calling out the consumer financial protection bureau specifically because of a rule it finalized less than two weeks before christmas that has to do with overdraft fees for banks. ramaswamy says that that rule will drive low income americans to high cost pay day loans instead, and he says it is flat out government overreach. writing in that post, this latest cfpb is just a symptom of a deeper and unconstitutional cancer of

unelected bureaucrats substituting their policy judgments for those of congress. he goes on to say that's unamerican, and needs to end. a little bit more about that rule he's referring to. it's part of president biden's war on what biden calls junk fees. it requires banks with more than $10 billion in assets to reduce their overdraft fees from an average of 35 bucks to five dollars when an account goes negative. banks also have the option to charge only what overdrafts cost them in losses, or they can charge any amount, if they treat the overdraft fee like a loan, and disclose clearly the interest rate. republicans in congress know if they want to take action on this , or any other recommendation from doge, it's going to be up to them. >> they're not really going to have any authority. yes they can point out problems and where the waste, fraud and abuse is and where we need to tighten up but we in congress will be the ones who have to follow through on that.

reporter: and the "wall street journal" editorial board is chiming in on this as well and they seem to agree with ramaswamy about this cfpb rule they are calling on congress to eliminate it but it sounds like elon musk wants to go even further than going after this one specific rule, edward. he wants to delete the cfpb entirely. we'll see if there's an appetite for that in the next administration. >> yeah, thank you, grady. we'll see how far this goes too. joining us now for reaction, ceo and cio nancy tengler and seattle talk show host jason rantz. nancy first to you. do you think the doge duo can be effective? it's one thing to find the waste. it's another thing to get rid of it. >> yeah, thanks for having me, edward. happy new year. so, i guess i would just say this. when the department of education was pitching the student loan program, they said they would make $6 per hundred dollar lend. instead they lose $8.88

for hundred dollars lent, so i think we could just use that as sort of a, i don't know, an example of how the government spends our money and so if you look at this latest from the cfpb, this is an agency that doesn't have a budget. this is an agency who has chiefs of staff who makeover $200,000 a year. i think it's going to be pretty easy for these two to go in and identify the most egregious overreach and overspending. >> we'll see they if they can actually get rid of it. if it needs congress that might be con thing president-elect trump needs to do. jason this comes as elon musk and vivek ramaswamy defend the tech industry's reliance on foreign-born engineers as trump gets ready to crackdown on indication. now critics are saying that tech should cultivate american workers, but musk points out that there is a lack corps of engineers in the u.s. and ramaswamy saying that the american culture celebrates mediocrity. are they being hypocritical?

>> i think they are being realistic. there's a clear and obvious problem when it comes to stem in general in this country. we've changed over the course of the last several years. we're not anywhere close to where we need to be to get these folks who are more qualified than what they can get overseas. there's no evidence to suggest that folks are hiring foreign coders over americans who are equally or more qualified. if that were the case, obviously, we would all be screaming about that but the reality is for some of the companies to truly thrive they need the best of the best and if they are finding the best of the best somewhere else, at least we assume not at the expense of americans i don't necessarily have a problem with it. we're talking about immigration in general. we want folks where the best of the best to come into this country. >> president-elect trump certainly loves the merit system so nancy, politico is reporting staying on elon musk, moved past

and break things attitude will clash with washington. we saw the fallout of that tanking the continuing resolution and now putting the current house speaker's position in question. is this culture clash a good thing or does it put passing tax cuts quickly in jeopardy? what do you think? >> well i hope it doesn't put the tax cuts in jeopardy but i think i most definitely think it's a good thing edward and what the american people voted for. you know, if you have a private sector career as i've had, you don't get to run your company at a deficit forever so this notion that because we're breaking things or because he's hiring foreigners at his companies causing the safety problems, because that is what the politico article said is nonsense. i've been to musk factories. they are safe. they are clean, and people love working there, so you have to break the stuff and i think it will be good for government because competent people don't want to work in an environment

whereincompetence is rewarded, so i think that there needs to be a rocky period and then i think we'll see things run smoothly. >> we might be coming into the year of the disruption, so jason, i want to change gears with you and talk about trump agenda. democrats oppose extending the trump tax cuts because the push by elon musk though to kill the continuing first resolution which as we talked about, you know, caused the house speaker to scramble a little bit now maybe undermined his position in congress. how concerned are you house republican chaos could upend what president-elect trump wants to move on? >> whenever you have slim margins like you're going to have you should be concerned. at the end of the day there's always going to be one, two or three members of congress who are conservative who are unrelenting in their position, and usually, it doesn't matter when you have enough house republicans who can make up for it but when it's this tight, you give an awful lot of power to a very small group of folks,

and i'm worried they aren't going to do as the president would like to be done. you know? having bigger conversations about all of these issues and sometimes you have these members of congress who force that. i think it's a good thing but there's also the chaos. there's also the unpredictability and when we get to that point, then it's a problem. not just for the president but also just optics for the american people. we have a real opportunity republicans do to take control and right this ship. course correct. and if you're doing it right out of the gate with in-fighting and chaos, i think it sends the wrong message. >> jason we'll see sometimes it's messy when you bake a cake but the cake ends up looking nice. we'll have to see what happens here so thank you, nancy and jason i appreciate it. this is something we'll continue to follow. thank you guys. so, now to this story the guatemalan immigrant charged with lighting a woman on fire killing her on the new york city subway has now been indicted in a brooklyn grand jury. fox news nate foy is live from

the brooklyn supreme court with the latest details. nate? reporter: hey edward. good evening so yeah. brooklyn grand jury indictedded sebastian sebata on charges of first degree murder, second degree murder and first degree arson after prosecutors say he lit that woman on fire, killing her on sunday morning. now, we did hear from immigration and customs enforcement today. they confirmed that they launched another immigration detainer for him. however, the new york city department of corrections indicated it will not honor that because of the sanctuary laws in the city, so, you know, this is just another case that is bringing up concerns not only about mental health on the subway but also illegal immigration. sebata waived his right to appear in court today in person. he is expected during his arraignment on january 7 when his indictment will be unsealed. new york congresswoman nicole malliotakis said today it's

ridiculous that new york city isn't cooperating with i.c.e. enforcement and removal operations. >> the city not cooperating with i.c.e. to deport people who are in this country illegally wreaking havoc, committing crimes is outrageous and the mayor needs to cooperate at least where he can right now under the existing law, and it's a violent offender. reporter: so new york city mayor eric adams visited subway stations talking with riders who said they don't feel safe and adams advocating for a federal prosecution with his press secretary telling fox news, "mayor adams has directed the nypd to work within our legal authority and in partnership with i.c.e. homeland security investigations team to explore criminal charges against mr. sebata under the federal arson statute." now, that could help prosecutors cooperate with federal immigration authorities. but the brooklyn district attorney argues the case should remain a state prosecution. >> we have a very strong

working relationship with our federal partners and of course we'll always do what's in the best interest of the people of the state of new york and the city of brooklyn because we want to make sure that he's fully held accountable. reporter: the district attorney said today that the medical examiner and nypd have made progress in identifying the victim, but she was burned so badly that she remains anonymous, still, five days after her death. so we'll see if she is identified before his arraignment coming up on januart again is expected to be unsealed. edward? >> that's just terrible. thank you, nate, appreciate it from the new york there. so joining us now is mark lamb. now first, thank you for what you do and second the biden-harris administration, are they responsible for this woman's death now? >> yeah, edward, they are. they let these folks in. they didn't vet them. for all we know this guy was a murderer and crazy in his own country. now he came here but because we

have such a poor vetting process, and really it's because they overwhelmed the border patrol and cbp with all these people. there's no possible way they were going to be able to vet these people appropriately. and they came into this country illegally and biden and harris, their policies aided and a betted in that, so absolutely, i think they share some responsibility in this and so does mayorkas. >> he's a got away and in 2022, cbp says he got a flight from texas into new york. so mark, a source told the new york post that "the migrants mainly get up in the morning, leave and come back drunk" and that the suspect would come back drunk most days. taxpayers are funding this. democrats saying mass deportations are too expensive? what do you think? >> no, look. the cost on the american people, how do we put a dollar figure on that? you know, we continue to hear the left talk about what it costs now, but they weren't talking about the costs that it had put on the american people for the last three and a half,

four years. the cost has been tremendous, not just dollar-wise, for the housing and the food and all the care, and medical treatment and now, we're going to have to put this guy through a trial. he should never see the light of day again. those costs keep mounting. yes there might be costs initially to try to get everybody out but we will stabilize those costs and get them down to where they should be. we cannot continue the way we have been doing it the last four years. >> and we don't have an exact cost from the past four years of migrants crossing the southern border illegally to get plane tickets, paying for their housing, the migrants get fed. they take care of their healthcare, taxpayers are. how frustrating is this for you? >> it's extremely frustrating. i'm working now as a law enforcement advise or with the federation for american immigration reform and they estimate that cost is somewhere in the area of about $150 billion to americans. it is very frustrating. we're struggling to put deputies

on the road. americans are struggling. veterans are struggling and to watch as our hard-earned tax dollars go to people that broke the law to come into this country illegally or made a false asylum claim to come into the country illegally is beyond frustrating and in law enforcement, to have watched this occur over the last four years and the ineptness and the willingness to not hold people accountable of this administration biden and harris administration has been absolutely beyond frustrating for us in law enforcement. >> and 20 seconds, sheriff, i want to ask you how concerned are you about the gotaways that got into this country that someone already come into this country that wants to do us harm and we don't know who that person is? >> i'm very concerned and so should every american be concerned. i was on our helicopter today flying the smuggling routes and the border. we could hear on the radio call after call of a group of 16 and more people. every american should be concerned with whose come in and this is a perfect example. this guy burning this lady in

new york. >> thank you, sheriff mark lamb. good to see you and good luck to you. appreciate it. >> good to see you too, god bless lap it new year. >> before the last couple of weeks i was, you know, in his corner but now, we should consider what's the best path forward. >> there is zero communication and it's very frustrating. something needs to change before january 3rd here. we need a clear understanding of how we're going to do things next session. what's happening right now is completely unacceptable. >> a razor-thin house majority has already started to cause headaches for republicans. more gop lawmakers asking if they should reconsider. mike johnson for house speaker, will join us next he's on the "evening edit." ♪ oh in a valley, where the mountains glow ♪

♪ are the hardest-working folks ♪ ♪ that you ever could know ♪ ♪ now the farmers work the land ♪ ♪ and the land is the home ♪ ♪ the home is the families ♪ ♪ and the families need care ♪ ♪ when care is close ♪ ♪ we all can grow... ♪ ♪ oh... ♪ jpmorganchase invests in healthcare to help create healthier communities. ♪ make the green grass grow all around all around ♪ ♪ make the green grass grow all around ♪ ♪ the next mega millions drawing is now available on jackpocket. jackpocket lets you order official state lottery tickets right on your phone. just pick your numbers and place your ticket order, see a scan of your ticket right in the app and get your winnings instantly. go to jackpocket.com to get the app and get your first ticket free. jackpocket. america's number one lottery app.

since 2019, john deere has invested

more than $2 billion in our american factories. today, we're nearly 30,000 u.s. employees strong. in more than 60 u.s. based facilities, across 16 states, we couldn't be more proud to play our part in supporting americans who work the land and build a better tomorrow. ♪ nothing runs like a deere™. is a bitcoin etf the same as owning bitcoin directly? while bitcoin etfs might offer a familiar face, they lack the true ownership and flexibility of directly investing in bitcoin. with itrustcapital you can buy and sell real bitcoin 24/ 7 with the tax advantages of an ira. real bitcoin means no middleman, no restricted stock market hours. choose the path of direct bitcoin investment with itrustcapital because access equals opportunity. invest in bitcoin at itrustcapital.com today.

♪ ♪ ♪ something has changed within me ♪

♪ it's time to try defying gravity ♪ ♪ ♪ >> before the last couple of weeks i was, you know, in his corner but now, we should consider what's the best path forward. >> there's zero communication, from leadership to membership and it's very frustrating and something needs to change before january 3rd. we need a clear understanding of how we're going to do things next session, because what's happening right now is completely unacceptable. >> are you saying you'll support mike johnson or you're not supporting mike johnson? do you have somebody else in mind you want to see as speaker?

>> i think it's good to mix it up and let them know we're not happy with the job they're doing. >> lawmakers saying they are not committed to speaker mike johnson after in-fighting broke out over a spending bill to prevent a government shutdown. the gop has a razor-thin margin in the house putting mike johnson's role jeopardy. so joining me now is tennessee congressman tim burchett. you said the next house speaker will likely be one that president-elect trump likes. where do you come down on house speaker mike johnson? >> i get along with speaker johnson very well. it's a tough job. 435 members and at least that many egos, and the fact that if we have a good or a bad flu season, we could be out of the majority, literally we have a three-person majority and these razor-thin margin is why it's so important that we have good leadership that's beneath

the speaker like our whip, for instance, they do a great job as steve scalise did before them, so that's going to be a real tough job though counting heads, making sure people are there but as far as communication goes that's always leadership. they work a deal out, they think they have got what everybody wants and then they didn't contact somebody, and then people get upset with that and they have a right to be. >> so the house freedom caucus chair wavered when i asked him about his support for speaker johnson. listen to this. >> it was a rough two weeks and the president has not come out in support of mr. johnson since then. i think the president realized that if he's going to get his agenda through a majority in the house he needs strong leadership at the top and i think he's evaluating whether that exists. before the last couple of weeks, i was, you know, in his corner but now, we should consider what's the best path forward and

again, we reconvene on january 3rd and we have a lot of important things to do in january but we do need to consider whether if we're going to advance mr. trump's agenda whether the current leadership is what we need. >> he's got the votes behind what he talks about so, what does the house speaker need to do to make sure the votes are there? >> well first of all i think he needs to relay this message to president trump. i think by not mentioning him in this article is not appropriate, because i think president trump will play a huge role in this , and speaker johnson has had a long history of getting along with president trump. i think president trump behind the scenes will ultimately decide who next speaker will be and two, with the freedom caucus, i'm not a member of the freedom caucus, my vote is conservative or more than some of their members so i share in their frustration. these spending bills are out of control. again it gets down to communication. it's your ambassadors. you can't talk to every single

member but you've got to have people out there willing to do that and currently, that is what's been lacking and this leadership and in those in the past. >> do you support mike johnson as house speaker? >> currently, he's the only person running so yes, i do. but it's going to be ultimately to mike. if he doesn't have the votes i think he will pull out and we'll see somebody like a jim jordan or somebody else, or tom emmert or steve scalise or byron donalds or anybody and people said elon musk. you can give it to somebody, or appoint somebody whose not elected, but that remains to be seen so i think it'll be a lot of wildcards in that and it'll be a heated discussion and i'm sure you can follow play-by-play because these always get leaked out to you all in the media so we'll see how that goes but ultimately i think president trump, he's the biggest dog in the pound, brother and he will make a lot of decisions behind the scenes and i think you'll

see that will be apparent after the next speaker. >> in the last like 30 seconds we have do you think this chaos playing out in slow motion and what we saw trying to get the cr passed, do you think that hurts the republicans going forward to pass trump's agenda? >> no, not really. the democrats do a better job of keeping it down home but republicans are diverse. we're the diverse party. we're the ones who have opposition to our leadership and openly oppose them the democrats sure don't do that or they will get kicked out of their committees and funding is cutoff. look, say all you want to about speaker johnson, but he doesn't cheat on his wife and he hasn't lied to me, so he's a very decent soul. we'll just see if that works out him being the reappointed as speaker or not but ultimately i think president trump will have the most say so in this thing. >> thank you, representative burchett, from the great state of tennessee.

so still ahead the nations lottery fever heating up the mega millions jackpot reached more than $1 billion, with another drawing set for tonight. plus, we have the spectator washington editor amber duke coming up, also the top canadian officials headed to president-elect trump's home to talk about border security and trade in an effort to build discussions that took place or build on discussions that took place when prime minister justin trudeau met with trump last month. all is up next on the "evening edit." liberty mutual customized my car insurance so i saved hundreds. with the money i saved i thought i'd get a wax figure of myself. oh! right in the temporal lobe! beat it, punks! only pay for what you need. ♪ liberty, liberty, liberty, liberty ♪

i'll be home for christmas. you can count on me. please have snow and mistletoe and presents under the tree. right now all over the country, kids at shriners hospitals for children™ are able to go home and be with their families for the holidays. and it's only possible because of the monthly support of people just like you. thanks to a generous donor, every dollar you give, will go three times as far to help more kids. with your gift of just $19 a month, only $0.63 a day. we'll send you this adorable

love to the rescue® blanket as a thank you and a reminder of the care you'll be providing so kids can be with their families. christmas eve will find me where the love light gleams. it only takes a moment to call the number on your screen. or you can visit loveshriners.org right now on your phone or computer. your gift of $19 a month will have three times the impact in the lives of kids like me. because every child just wants to be home for the holidays, and your gift makes that possible. your call is the best gift of all. your gift will be my favorite christmas present this year. please call the number on your screen or go online right now with your monthly gift. and when you become a monthly donor, your first gift will be tripled. thank you for giving.

>> a top canadian official is meeting president-elect trump's team in florida today to talk about border security and trade. matt finn live from mar-a-lago digging deeper into who met whom. matt? reporter: well those canadian cabinet members were scheduled to meet with president-elect trump and also with his incoming border czar, tom homan, and earlier today the president also

posted a cryptic post to truth social indicating we might see bill gates sometime at mar-a-lago soon. now you may recall canadian prime minister justin trudeau, he made a now famous visit to mar-a-lago just a few weeks ago. president-elect trump has since been egging on trudeau saying that maybe canada should become our 51st state and trudeau should become its governor. if canada cannot fix what trump calls a flow of illegal migrants and drugs into our country. president-elect trump has threatened to impose sweeping tariffs against canada to the tune of 25% which trudeau says would crush their country. so today, here in west palm beach, canada's new finance minister and foreign minister are scheduled to hold talks with trump. trump's new border czar tells fox canada is "ready to go" on immigration enforcement. now the canadian premier of alberta canada she tells fox that she wants americans to know canada would like to improve its

partnership with the u.s. >> we've got this wonderful partnership that we've had since 1993. there's always going to be trade tensions, but i would say that if we could work on that relationship, and also work on some of the border issues, how many americans know that we really do want to be a partner in addressing not only our cross-border security issues, but also more internationally, the threat of china, the threat of russia, being able to help our allies. >> so you heard it right there from that canadian premier. today also trudeau and these officials indicating there's a lot of momentum right now between canada and the united states and a lot of people from the canadian side are simply saying they want to be a stronger allie with the united states. back to you. >> matt, i appreciate it. looks like he's getting movement already, not even taking the oath of office appreciate it. so joining us now for reaction, the washington editor amber duke. so, would tariffs on canada, how

would they, would they crush the economy i guess, like trudeau was saying? >> yeah, that's what trudeau claims, i mean, obviously, the united states is canada's biggest trading partner. same with mexico. so it would have a huge impact on their economy and that's why you see trudeau and some of his top ministers quickly going down to marlin the wake of trump's threat, trying to negotiate this out and we've seet to spur action to incentivize canada to come to the table and talk about what they'r they wane trade with the united states in a way that's beneficial to their economy, then they have to contribute on the cross-border issue. when you compare 2024 to 2023 there were twice as many illegal crossings at the u.s. northern border with canada compared to the year prior. we've had enough fentanyl come across the northern border to kill 270 million americans according to the house homeland security committee,

as well as nearly twice as many known or suspected terrorists coming across the northern border compared to the southern border so it's well pastime for canada to step up to the plate and help the u.s. on this critical issue. >> both sides though have an incentive to avoid tariffs, right? prime minister justin trudeau is trying to hold on to a forth term in 2025 but 25% tariffs would also affect the u.s. economy wouldn't it? >> that's right and trump is gambling on the fact canada be further damaged than the united states be so they have a greater incentive to come to the table to drive that potential number down as opposed to the u.s. and canada clearly is not calling trump's bluff based on the fact they are willing to hold these meetings and trump has driven a similar hard bargain before. back in 2019, when trump was dealing with record high illegal immigration across the southern border, he went to mexico and he said hey, guys, if you don't

start enforcing your side of the border, then you might have to deal with us pulling foreign aid from you and he was able to make a deal with mexico where they used their national guard to start preventing people who were coming from third countries through mexico to the u.s. border from being able to use mexico as a passage-way and it was a beneficial deal for both countries. >> well so amber i want you to listen to a businessman and canadian kevin o'leary. listen to this. >> think about the power of combining the two economies. erasing the border between canada and the united states, and putting all that resource up to the northern borders where china and russia are knocking on the door, so secure that, give a common currency, figure out taxes across-the-board, get everything trading both ways, create a new almost passport, i like this idea and at least half of canadians are interested. the problem is the governments collapsing canada right now. nobody wants trudeau to

negotiate this deal. i don't want him doing it for me so i'm going to go to mar-a-lago. i'll start the narrative. the 41 million canadians i think most of them would trust me on this deal. >> he's talking about how president-elect trump said that canada should be the 51st state. why do you think half of canadians like kevin o'leary? they are so willing to rally behind a u.s. president trump? >> well when you're facing sky high taxes and now you're looking down the threat of a 25% trade tariff, then suddenly, becoming the 51st state might not look so bad, but of course americans have a say in that too, and we haven't really seen much support from the american people on the idea of canada becoming more than just america's hat, but again, trump clearly driving a hard bargain here, trying to essentially threaten trudeau into making sure he is helping with the border issue, and that's what his supporters voted for right? they wanted movement on immigration and ultimately, it

is a u.s. issue of course, but if you can have a strong partner in canada and mexico to help alleviate some of that issue before it ever even gets into the united states, that's a great benefit to the american people who have been dealing with the effects from this , more than just in the border states but really across the entire continental u.s. >> amber duke i appreciate it, the canadians may be tipping that hat with their $1.3 billion package, but i appreciate it amber duke, thank you very much for this. >> thank you. >> so now to this story get your lottery tickets while you can. the mega million jackpot now hit more than $1 billion. with the drawing set for later tonight jeff flock is live in a 7-eleven in philadelphia. jeff, how many slurpies have you had today? reporter: [laughter] good idea. i haven't had any and i'm not even a gambler, and i also remember when $1 billion was a lot of money, but you know, and i've just been educated today

about all kinds of lottery. they have these machines and of course this is the headline but man, there's games for pick two, pick three, all kinds of scratch off games but they make it easy for you. hit the mega millions button and the tickets right there, you can buy that one or pick your own numbers, pretty crazy. you know, that big jackpot put the number up. it is 1.22, but if you won it right away, which of course most people would, $549 million, so it's cut more than in half if you take the cash payout, and here is another piece of bad news, edward. fortunately you don't live in new york but if you did and you happen to hit the mega millions jackpot, well, you start with 1.22 billion as we said, comes down to about half, and then the federal government comes in, takes another 200 million, 37% tax rate that's the highest one you'd be in, and the state tax in new york? about 10.9% so it's another 60 million leaving you with a grand total of $286.4 million out of that $1.2 billion

jackpot. i leave you with one positive note. if you should live in a certain state, they don't tax lottery winnings. washington state, california, pretty amazing, wyoming, south dakota, texas, tennessee, florida and new hampshire do not tax the winnings. so, good news there. i'm going to maybe kick 20 bucks, but they give you the tickets, next thing you know, boom. 20 bucks lost. no doubt. >> if i remember correctly, you have a year to collect, so you can move tomorrow to florida and then you could collect the six months and a day from now and you're a floridaident. thanks, jeff. reporter: you know what? if i win, i am going to keep working because it gets me out of the house. so you know, i don't need the money. who needs the money? it's only money. >> appreciate it, thanks i'll be sure to through and get my ticket before we leave thankings. >> if you're an energy company,

you're already guilty and just going to decide over the next decade how much they are going to charge you for your guilt. >> still ahead, new york democrat kathy hochul approved a can't rosenstein verse quality law that will force oil, natural gas and coal companies to fork over 75 billion over 25 years to the state carbon emissions, and allegedly, contributing to climate change. i know that climate depot.com publisher has something to say about that, but first, let's check in with our friends jackie deangelis and david asman. see what's coming up on the next hour on the bottom line. jackie: edward. david: good to see you we've got a full show for you you don't want to miss it we hav have mahek cook and trish mcglochlin, on exactly how the media will divide and conquer the new trump administration before its begun. jackie: and the progressives are trying to punish big oil while they still can, before it's too late. they are going after

those emissions in a last minute rally we've got those stories and more top of the hour. we'll see you then. since 2019, john deere has invested more than $2 billion in our american factories. today, we're nearly 30,000 u.s. employees strong. in more than 60 u.s. based facilities, across 16 states, we couldn't be more proud to play our part in supporting americans who work the land and build a better tomorrow. ♪ nothing runs like a deere™.

>> so this coming in. president-elect trump says that he should be the one to make the decision on whether tiktok can continue operating in the u.s. due to the unique national security and first amendment issues raised by

this case. trump's argument comes in an amicus brief supporting either party that's filed today. the supreme court expected to hear oral arguments on january 10 an the law that requires a divestment of tiktok from foreign adversary control if there is no sale. so now to this. new york governor kathy hochul signed a new law forcing fossil fuels companies to repair damage from extreme weather, and the charge is pretty costly for the oil, natural gas and coal companies totaling $75 billion over the next 25 years. madison alworth is in new york investigating what this means. madison? reporter: edward, this new law means higher operating costs for these oil & gas companies, and higher prices for new yorkers. hochul signing this new law that forces fossil fuels companies to pay fees, in order to repair damage from extreme weather. this is a move that could soon spread to other states. under the climate change super fund act new york can find

the biggest greenhouse gas emissions between the years 2018, a total of $75 billion to be paid over 25 years. of course this is mostly the oil & gas companies. advocates say that the government is already paying the cost for repairing damage done by extreme weather and they need accountability. >> the two assignments, get off oil & gas as fast as possible and decrease the carbon damage going on throughout our planet, but also, trying to hold those who are responsible for some small share of the damage financially, so they can help us here in new york state pay for the things we are already paying for. reporter: others say that targeting businesses, and specifically those that deal in oil & gas will make life more expensive and they also question the integrity of a move like this. >> we think it'll be reflected in the price of fuels. moreover, if you're in this industry and you see that

the policy of new york state is to claim that you owe new york state damages for the product you lawfully sell in new york state, and we thought that was true from 2020 to 2018 or 2024 whatever the final version of this bill looks like, why would you not think that's going to apply equally to future sales as well. reporter: new york is not alone. similar legislation went into effect in vermont earlier this year and also being considered in states including maryland, massachusetts, california, and new jersey. edward? >> thank you, madison. appreciate it so let's bring in now climate depot.com publisher mark morano. what do you think about climate change super fund act signed by governor hochul? >> it's certainly the right name. this is a super fund that politicians have been seeking, $75 billion is an awesome amount of money they want to use and to get this , they are bastardizing science, energy, and politics, and here is the simple way of looking at this. even the united nations says

that extreme weather, haines, floods, tornadoes, wildfires, droughts are no trend or declining trends on climate time scales. there's no there to say you caused these storms. the second thing that they are doing is using attribution science, which says well this storm was caused x percent by exxon-mobile and this was called by shell and even one of the architects of this attribution science admit the university of oxford climate expert admitted that the attribution studies are done for political reasons, and then here is the third thing. this isn't a spending, a tax on energy necessarily. this is an energy lockdown, for new yorkers because guess who used that energy freely, voluntarily and plentiful during this time? new yorkers. they were more than eager to use the product that these companies provided and they're the ones that are punished as the taxpayers under

this charade of the super fund. >> this is what i wanted to ask you is do you think this is going to push up prices? >> it can only push up prices. they are going to essentially regulated these companies and the companies are going to tax them and the companies will pass it on in the form of higher energy costs, higher gas prices which is going to have an inflationary effect. new york legislators and the governor are literally living in a climate lala land where they think they pass these bills. first of all the premise is we'll have less storms if we punish the companies and they help pay for it. there's just no there there. the storms aren't happening. when they bring up these storms, it's like they are finding, your chance of winning the lottery is very low. they are finding these oh, here is a storm here and there but there's no climate trends and the idea somehow making companies pay is going to make a difference? this is a political slush fund, has nothing to do with climate change, nothing to do with science and it's punishing new yorkers. the ones that are remaining i

should say. this is another reason to have a mass exodus from states like vermont and new york. >> and that's the big concern, i appreciate it. yeah, we'll have to leave it there mark though. i could see a little bit passionate about this. i appreciate it. thank you, mark, i appreciate it. thanks. >> we're trying to get the worst, that horrible horrible war that's going on in ukraine, russia, ukraine. we're going to, we've got a little progress. it's a tough one. it's a nasty one. >> president-elect trump declared on the campaign trail that he would lead peace talks between russia and ukraine, boasting he could end the brutal conflict within 24 hours of assuming the white house and now russian president vladimir putin says he hasn't spoke to trump in more than four years, but that he's "ready to sit down with him." former trump state department official kiron skinner will join us to discuss all of this next on the "evening edit."

progressive makes it easy to see if you can save money with a commercial auto quote online so you can get back to your monster to-do list. super helpful. see if you can save money at progressivecommercial.com. thank you. when a tough cough finds you on the go, a syrup would be... silly! woo! hey! try new robitussin soft chews. packed with the power of robitussin... in every bite. easy to take cough relief, anywhere. chew on relief, chew on a ♪ robitussin ♪

your loved ones are getting older, and they need your support. care.com is here to help. it's an easy way to find background-checked senior caregivers in your area. and some piece of mind. see why millions of families have trusted care. go to care.com now

>> i don't know when we'll meet because he doesn't say anything about it. i haven't spoken to him at all for more than four years. i'm ready for it, of course, at any time, and i'll be ready to meet if he wants. edward: and that was russian leader vladimir putin saying he

is ready to meet anytime if with president-elect trump. joining me now is former state department official and fox news contributor kiron skinner. so is putin looking for an offramp in the war that he's mired in? >> i think so. and part of that offramp has to be in terms of his calculations the return of donald trump to the oval office. and i say that because during the years between his first presidency and winning the election in november, donald trump has been very clear and unvarnished in his views about the ukraine war, that it's the wrong war and these are his beliefs, that it would not have happened had he been in office, that no new wars -- and this is an empirical reality -- happened during his watch, and he wants this one to end. he wants a negotiated settlement, and he does not want a negotiated settlement to take a year or longer, even a few months.

so i think putin is looking at the reality of the u.s. president. he's also facing the reality on the ground. although he is now in control of about 20% of ukrainian territory, he has a long war ahead of him if he wants to keep up to to finance -- the offense. and he has crimes against humanity against him. the attack on christmas was, you know, just unheard of -- edward: so -- >> -- on energy supply, so there are lots of factors -- edward: and i want to get this in here, the russians have been taking heavy losses too. even though he is making small gains. do you think the russian president is looking out at energy policies from president-elect trump that he's about to put in place in which his first term the average price of a barrel of oil was $54 a barrel? russia couldn't afford a war if it comes back to that. the lost income, in 30 seconds. what do you think? >> yes, i think you're absolutely right. it's not just the military calculation, it's not just

donald trump's commitment to end this war, it's energy policy. it's across the board. it will be a new day on january 20th at 12:01 p.m., and putin understands it. edward: this should be very interesting, to see exactly how this plays out. kiron, i appreciate your insight, thank you. this is something we're going to follow. be with calling on you again. thank you very much. i'm edward lawrence in for elizabeth mac donald, thanks for watching this special edition of "evening edit" on fox business. don't forget to dr -- dvr us because we are following the latest news as we come in, and you can see that at anytime you want. now it's time for "the bottom line," i want to say hi to my friends jackie deangelis and david asman, who we saw an hour ago. [laughter] david: can't get enough of me -- jackie: and me a few hours ago. edward: exactly! [laughter] david: god bless you, edward. ♪ ♪